Slide 1: Q2 January – June 2024
Q2 January – June 2024 Magnus Larsson President and CEO Claes Wenthzel Acting CFO Stockholm, Sweden, July 18, 2024 1 1
Slide 2: Vision: Retail's first choice in in-store automation and communication
Vision: Retail’s first choice in in-store automation and communication
Slide 3: Pricer in brief
Pricer in brief 310+ Million 200 Labels Deployed Employees 40 Million 70+ Labels Yearly Countries 25000+ 11 Stores Office Locations 3500+ 25+ Million Stores on Plaza Labels on Plaza © 2024 PRICER 3
Slide 4: Market development
Market development The North American market is making rapid strides as 1 leading retailers move from planning to investing Many major UK retailers, across segments, have started the 2 strategic work to evaluate, plan and budget for store digitalization Retailers with many stores on ESL are taking s
Slide 5: Q2 2024
Q2 2024 5
Slide 6: Q2 2024 financial development
Q2 2024 financial development Order intake Net Sales Gross Profit Order intake Order backlog YoY growth, % Net sales YoY Growth, % Gross profit Gross margin, % YoY growth, % 17% -27% 30% -6% 25% 34% 661 613 626 801 22,8% 972 542 538 534 493 696 19,1% 490 687 18,0% 18,1% 17,7% 464 670 147 644 16,6% 1
Slide 7: EBIT & Net profit development
EBIT & Net profit development EBIT (SEKm) Net Profit (SEKm) EBIT margin, % 8% 4% 3% 3% 2% 2% -1% 0% -2% -2% Gross margin improvement and and operating cost reduction significantly 48 increased EBIT vs last year 42 EBIT of 48.5 MSEK and EBIT margin 28 of 7.5% 20 21 15 13 12 FX impacting EBIT ne
Slide 8: R12 EBIT & Net profit development
R12 EBIT & Net profit development EBIT (SEKm) Adjusted EBIT (SEKm) Net Profit (SEKm) Adjusted EBIT margin % Strong EBIT improvement in R12, following sales increases and gross margin improvements. 5% During Q4 2023 we had 4% 3% 2% 1% 1% 1% 1% 1% 2% comparability impaired cost of 34.1 MSEK relate
Slide 9: P&L 2024
P&L 2024 Q2 Q2 6 mos. 6 mos Rolling FY Amount in SEK M 2024 2023 2024 2023 12 mos 2023 Net sales 644,0 687,2 1 314,2 1 258,7 2 736,7 2 681,2 Cost of goods sold -496,8 -577,0 -1 038,9 -1 058,4 -2 207,0 -2 226,5 Gross profit 147,1 110,2 275,3 200,3 529,7 454,6 • New accounting policy related to curren
Slide 10: Condensed consolidated cash flow
Condensed consolidated cash flow Jun 30 Jun 30 Dec 31 Amounts in SEK M 2024 2023 2023 OPERATING ACTIVITIES Operating profit/loss 77,2 -14,8 9,8 Adjustments for non-cash items 45,5 48,0 77,6 Interest received 4,3 0,0 3,5 Interest paid 0,3 -18,8 -1,8 Income tax paid -4,3 -3,6 -8,4 Cash flow from opera
Slide 11: Summarizing Q2 2024
Summarizing Q2 2024 Long-term cost-down efforts on our products, and a favourable 1 product mix, contributed to the improved gross margin in the quarter 22.8% Gross margin Effective cost control coupled with gross margin improvements 2 resulted in the third highest EBIT and Net Profit in Pricer hist
Slide 12: Q&A
Q&A 12
Slide 13: 13
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