Sitowise Group Oyj · OMXHEX:SITOWS
Sitowise Group Oyj — Q4 2021 Earnings Presentation
17 slides from Sitowise Group Oyj's earnings presentation, Mar 2, 2022
Slide 1: Strong Q4 driven by organic growth
Strong Q4 driven by organic growth SITOWISE GROUP PLC FINANCIAL STATEMENTS RELEASE 2021 2 MARCH 2022 1
Slide 2: Agenda
Agenda 1. Key takeaways & financial review 2. Business area highlights & developments 3. Sustainability program for 2025 4. Latest acquisitions 5. The Smart City Lab 6. New CEO appointed CEO CFO 7. Dividend proposal Pekka Eloholma Heidi Karlsson 8. Market outlook & guidance for 2022 9. Q&A 2
Slide 3: Strong Q4 with organic growth
Strong Q4 with organic growth • Net sales increased by 19% in Q4 year-on-year to 50.5 million euros • Organic growth was 6% in Q4 year-on-year • Adjusted EBITA was 5.6 million euros, or 11.1% of net sales in Q4 • Order book increased by 41% year-on-year to 162 million euros • M&A pipeline in good sh
Slide 4: Key figures
Key figures EUR million Q4/21 Q4/20 FY/21 FY/20 Q4 NET SALES Net sales 50.5 42.4 179.3 160.1 19% EBITA, adjusted 5.6 3.9 21.1 20.6 YoY growth % of net sales 11.1% 9.2% 11.8% 12.9% EBITA 5.2 3.0 18.5 19.5 Q4 EBITA adj. Operating profit 4.6 2.6 16.4 18.3 43% Cash flow from operating activities YoY gro
Slide 5: Order book and net sales at record high
Order book and net sales at record high Order book Net sales Profitability EUR million EUR million EUR million EBITA, adjusted EBITA, adjusted % +41% +19% 162 51 16.6% 153 47 140 43 42 43 133 40 40 12.9% 12.8% 12.7% 119 117 115 115 34 11.0% 12.4% 11.1% 9.2% 7.2 5.9 5.6 5.2 4.7 4.9 4.4 3.9 Q1 Q2 Q3 Q
Slide 6: Sitowise's business areas
Sitowise’s business areas Buildings Sweden The services cover the entire life cycle of Building design services (including buildings, from the early planning stage 18% structural engineering) for building and of a new construction to maintenance infrastructure sectors. and renovation. (15%) 39% (42%
Slide 7: Group net sales increased by 19% YoY
Group net sales increased by 19% YoY Figures in EUR million 11% 19.8 18.9 17.9 18.0 8% 15.5 15.3 14.7 14.2 13.7 12.2 38% 67% 8.7 8.7 7.4 6.7 6.3 6.2 5.6 4.0 4.3 3.7 Q4 Q1 Q2 Q3 Q4 Q4 Q1 Q2 Q3 Q4 Q4 Q1 Q2 Q3 Q4 Q4 Q1 Q2 Q3 Q4 20 21 21 21 21 20 21 21 21 21 20 21 21 21 21 20 21 21 21 21 Buildings Infra
Slide 8: Business area highlights
Business area highlights Buildings Infrastructure Digital Solutions Sweden • Back to organic growth. • Majority of the growth was • Earlier acquisitions of 2021 • Jonas Larsson took up his post as organic. accelerated growth in Q4. the head of Swedish operations. • Order book increased with won tend
Slide 9: New sustainability program for 2022–2025
New sustainability program for 2022–2025 In this new sustainability program for 2025, we are still guided by our vision to be the industry’s most responsible partner in developing a prosperous living environment. For the sustainability program, we set ourselves four main goals: • We are carbon neutr
Slide 10: Latest M&A brought 5 M€ net sales and over 40 new employees
Latest M&A brought 5 M€ net sales and over 40 new employees Livair Oy, a company founded in 1990 and based in Espoo (Finland), who provide planning and consulting services related to HPAC engineering. Net sales 0.6 M€ in 2020, 5 employees in 2021. Insinööritoimisto Jorma Jääskeläinen Oy, a company b
Slide 11: The Smart City Lab
The Smart City Lab • Sitowise’s RDI activities are called The Smart City Lab, a platform for sustainable and smart city innovations. • Organization-wide innovation competition held in 2021: 116 ideas, out of which 16 were selected for development. • The lab focuses on sustainability and smartness in
Slide 12: Heikki Haasmaa appointed as the new CEO of Sitowise Group
Heikki Haasmaa appointed as the new CEO of Sitowise Group • Heikki Haasmaa comes from a position as a Senior Vice President in KONE where he has been responsible of KONE’s global Maintenance Business. • Prior to his current role, Haasmaa has worked in KONE for 19 years in multiple international mana
Slide 13: Dividend proposal
Dividend proposal • Dividend proposal EUR 0.10 per share, which is ~30% of net result adjusted with IPO costs • The dividend policy approved by the Board is based on Sitowise’s growth strategy in which acquisitions are in a significant role • Payment date proposal 29 April 2022 13
Slide 14: Market outlook
Market outlook • The market began and has continued to pick up since 2021. Sitowise expects the market to grow in all of its business areas. • The exceptional situation in Europe due to Russia’s military action against Ukraine could contribute to uncertainty in European financial markets. This can l
Slide 15: Guidance for 2022
Guidance for 2022 Sitowise Group estimates that both net sales and adjusted EBITA in euros will increase compared to 2021. 15
Slide 16: Q&A
Q&A 16
Slide 17: Thank you!
Thank you! • Annual Report & Sustainability Report 2021 will be released on week 13 beginning 28 March • Annual General Meeting will be held on 20 April • Q1 report will be released on 18 May SITOWISE.COM – THE SMART CITY COMPANY 17