Aq Group Ab · OMXSTO:AQ
Aq Group Ab — Q3 2021 Earnings Presentation
19 slides from Aq Group Ab's earnings presentation, Oct 21, 2021
Slide 1: AQ Group Earnings call 2021-10-21
AQ Group Earnings call 2021-10-21 1
Slide 2: Agenda
Agenda ■ AQ Group quick facts ■ Third quarter in brief ■ First nine months in brief ■ Highlight/Lowligths in quarter ■ Numbers ■ On-time delivery(OTD) ■ Market Segment development ■ Questions 2
Slide 3: AQ Group - Quick facts
AQ Group - Quick facts Production 6000 500m Euro 7 Business 15+ Market in 16 Employees Turnover areas segments countries Profit every 16% EPS 2-4 UN Global Deliveries quarter for growth/ acquisitions compact globally 27 years year / year since 2012 3
Slide 4: Third quarter, July-September 2021 in brief
Third quarter, July-September 2021 in brief led e Strong demand but limitations in supply of materials and components e Net sales increased by 18.2% to SEK 1,306 million (1,104) e Goal +15% Growth e Operating profit (EBIT) decreased by 3.5% to SEK 94 million (97) e Profit after financial items (EBT)
Slide 5: Nine months, January-September 2021 in brief
Nine months, January-September 2021 in brief led e Net sales increased by 11.5% to SEK 3,974 million (3,563) ¢ Operating profit (EBIT) increased by 20.6% to SEK 333 million (276) ¢ Goal +15% Growth e Profit after financial items (EBT) increased by 28.1% to SEK 331 million (258) e Profit margin befor
Slide 6: Highligts in the quarter
Highligts in the quarter 6
Slide 7: Lowlights in the quarter
Lowlights in the quarter 7
Slide 8: EPS Growth
EPS Growth 20% EPS Growth R12 2021 vs AC 2020 8
Slide 9: Net sales
Net sales Dissapointing net sales in Q2 and Q3. Component supply limits especially System Segment, e.g El Cab Wire Harness and System Products 9
Slide 10: Organic growth
Organic growth Organic growth target 5%/ year. Dissapointing org. growth in Q2 and Q3. Component supply limits especially System Segment, e.g El Cab Wiring Systems and System Products 10
Slide 11: Acquired Growth
Acquired Growth Acquired growth target 10%/ year. Ok, considering low activity in 2020. 11
Slide 12: EBT Margin
EBT Margin EBT Margin (%) goal is 8% The margin shall consistently be within 8±2% for every quarter. Dissappointing margin in large part due to delivery situation of components. Also impact from delay in transfering raw material prices to customers. 12
Slide 13: Net cash from operating activities
Net cash from operating activities Cash flow decreased due to inabillity to deliver goods out. One missing part prevents big inventory value to be delivered out. 13
Slide 14: Net Debt excl IFRS16
Net Debt excl IFRS16 Net debt Sept 2021 112 MSEK 14
Slide 15: OTD – Sep Goal 98%
OTD – Sep Goal 98% 1 in 10 orders is delayed in Q3. ATL of 90%. Caused by lack of components.
Slide 16: Market Segments development
Market Segments development Automotive & CV Off-road equipment Electric General Industry & Food & beverage Engineering Marine Medical Railway Renewables Vending machines & parking meters 16
Slide 17: Questions
Questions WE ARE RELIABLE
Slide 18: AQ Engineering
AQ Engineering ■ long term ■ ■ ■ ■ ■ ■ ■ ■ 18
Slide 19: WE ARE RELIABLE
WE ARE RELIABLE aq