Ependion Ab · OMXSTO:EPEN
Ependion Ab — Beijer Group — Q3 2020 Earnings Presentation
16 slides from Ependion Ab's earnings presentation, October 2020
Slide 1: Impact of Covid-19 continues, but signs that the bottom has passed
BEIJER electronics GROUP Area for red ”header box” (8,09x1,26) Area for ”big and left” picture Area for ”right” picture Position from top left corner: Position from top right corner: Horizontal 0,5 cm Horizontal 0 cm Vertical 0,5 cm Vertical 0,5 cm Impact of Covid-19 continues, but signs that the bo
Slide 2: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance, BEIJER GROUP & business entities Concluding notes and Outlook Q&A
Slide 3: Business update for the quarter, i)
Business update for the quarter, i) As indicated, Covid-19 continues to impact volumes and earnings. Sequential drop of sales by 6% vs Q2. No loss of customers. The cost reduction actions initiated already early during the Pandemic are having the intended effect in the quarter with reduced ove
Slide 4: Business update for the quarter, ii)
Business update for the quarter, ii) Westermo impacted by covid-19 with lower sales giving a lower EBIT-earnings in the quarter. Beijer Electronics show a lower sales and, despite further cost reductions, posts a smaller negative EBIT. Korenix increase the sales some, yet on very low levels, w
Slide 5: Summary of Covid-19 related measures
Summary of Covid-19 related measures People’s health and safety is #1. Wherever possible, our people work remotely or from home. Contacts and meetings via various digital tools. At workplaces, measures in place to maintain distance and a safe environment. Supply chains have been fully operat
Slide 6: Beijer Group orders and sales by quarter
BEIJER GROUP Order intake Sales 450 1 800 450 1 800 400 1 600 400 1 600 350 1 400 350 1 400 300 1 200 300 1 200 MSEK by LTM MSEK by Qtr MSEK by LTM MSEK by Qtr 250 1 000 250 1 000 200 800 200 800 150 600 150 600 100 400 100 400 50 200 50 200 0 0 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2
Slide 7: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance, BEIJER GROUP & business entities Concluding notes and Outlook Q&A
Slide 8: Group − Covid-19 and FX impact the earnings
BEIJER GROUP Group − Covid-19 and FX impact the earnings Q3 Q3 YTD YTD MSEK 2020 2019 % 2020 2019 % FY 2019 Comments to Q3 Order intake 310.3 404.9 -23% 1,051.6 1,150.3 -9% 1,557.2 Sales 334.7 391.4 -14% 1,087.5 1,143.4 -5% 1,558.7 EBIT at +4.7 MSEK due to the lower sales EBIT excl restructuring 2
Slide 9: Westermo − impact of Covid-19 but maintained strategic focus
Westermo Westermo − impact of Covid-19 but maintained strategic focus Q3 Q3 YTD YTD MSEK 2020 2019 % 2020 2019 % FY 2019 Comments to Q3 Order intake 163.6 213.9 -23% 564.1 542.0 4% 725.8 Sales 181.9 182.8 0% 586.0 505.9 16% 705.2 Orders affected negatively in Q3 due to EBIT 15.6 26.0 -40% 70.6 67.
Slide 10: Beijer Electronics − further impact but signs of bottom-out
Beijer Electronics Beijer Electronics − further impact but signs of bottom-out Q3 Q3 YTD YTD MSEK 2020 2019 % 2020 2019 % FY 2019 Comments to Q3 Order intake 127.9 164.8 -22% 436.2 534.3 -18% 732.2 Sales 136.5 180.0 -24% 453.4 562.4 -19% 756.2 Sales drop due to the effects of the EBIT excl restruc
Slide 11: Korenix − continued impact but signs of bottom-out
Korenix Korenix − continued impact but signs of bottom-out Q3 Q3 YTD YTD MSEK 2020 2019 % 2020 2019 % FY 2019 Comments to Q3 Order intake 22.3 31.0 -28% 62.4 92.2 -32% 121.8 Sales 19.8 33.3 -40% 59.2 93.4 -37% 119.9 Both orders and sales increased EBIT excl restructuring 2020 -1.4 -0.7 103% -11.0
Slide 12: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance. BEIJER GROUP & business entities Concluding notes and Outlook Q&A
Slide 13: Concluding notes by Per
Concluding notes by Per… Stable financial position Strong product offering Whole organisation geared for growth Financial targets in focus | 13
Slide 14: Outlook for 2020
Outlook for 2020 ” It is not possible to judge the effect of the spread of the coronavirus on society and the global economy at present. This means that BEIJER GROUP is not publishing any estimates of underlying financial performance for the full year 2020.” | 14
Slide 15: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance, BEIJER GROUP & business entities Concluding notes and Outlook Q&A
Slide 16: BEIJER GROUP
BEIJER GROUP BEIJER GROUP