Nobia Ab · OMXSTO:NOBI

Nobia Ab — Q4 2009 Earnings Presentation

12 slides from Nobia Ab's earnings presentation, Feb 12, 2010

  1. Slide 1: Year-end report 2009

    Year-end report 2009 12 February 2010

  2. Slide 2: Lower net sales, improved operating profit

    Lower net sales, improved operating profit Group sales boosted by UK ƒ Net sales SEK 3,782 m (3,989) ƒ Organic growth -4% Profit not yet satisfactory ƒ Operating profit SEK 166 m (125)* ƒ Operating margin 4.4% (3.1)* Financial position strengthened ƒ Operating cash flow SEK 89 m (66) ƒ Net debt redu

  3. Slide 3: Market development Q4

    Market development Q4 General market trend: slower decline

  4. Slide 4: UK region in Q4

    UK region in Q4 2009 2008 ƒ Improved kitchen sales in all Oct-Dec Oct-Dec channels and segments Net sales 1,399 1,250 ƒ Organic growth 19%, SEK m strengthened market share Operating profit ƒ Strengthened operating margin 114 -30 SEK m due to higher volumes ƒ Nonrecurring effects of Operating margin

  5. Slide 5: Nordic region Q4

    Nordic region Q4 2009 2008 ƒ Organic growth -17% due to Oct-Dec Oct-Dec low new-build volumes Net sales 1,302 1,476 ƒ Structural measures improved SEK m operating profit Operating profit* ƒ Plant closures finalised 64 46 SEK m ƒ Structural expenses totalled SEK 8 m Operating margin* 4.9% 3.1% * Excl

  6. Slide 6: Continental Europe region Q4

    Continental Europe region Q4 2009 2008 ƒ Organic growth -16% due to Oct-Dec Oct-Dec decline in volumes in France Net sales and Poggenpohl project sales 1,082 1,290 SEK m ƒ Structural expenses in Hygena of SEK 18 m Operating profit* 13 126 SEK m Operating margin* 1.2% 9.8% * Excluding structural expe

  7. Slide 7: Profit development Q4

    Profit development Q4 2009 2008 SEK m Oct-Dec Oct-Dec Operating profit before Negative factors depreciation, SEK m 282 255 ƒ Lower volumes (EBITDA)* ƒ Costs from divested operations Operating profit, 166 125 SEK m (EBIT)* Profit after financial Positive factors 132 58 items ƒ Higher volumes in the U

  8. Slide 8: Financial position

    Financial position 2009 2008 SEK m Oct-Dec Oct-Dec Investments -122 -257 Operating cash flow ƒ Lower level of investments Operating cash flow 89 66 ƒ Lower taxes paid Net debt 2009 2008 SEK m 31 Dec 31 Dec ƒ 60% of loan facility unutilised Net debt 2,426 3,181 Net debt/equity 62% 77%

  9. Slide 9: Full year 2009

    Full year 2009 ƒ Net sales down to SEK 15,418 (15,991) ƒ Organic growth was -10% ƒ Operating profit excluding structural expenses was SEK 346 m (933) ƒ Net profit amounted to a loss of SEK 79 (profit: 529) ƒ EPS after dilution was neg. SEK 0.47 (3.13) ƒ Operating margin was 0.2% (5.7) ƒ Operating ca

  10. Slide 10: Profit development full-year

    Profit development full-year SEK m 2009 2008 Operating profit before Negative factors depreciation, SEK m 870 1,410 ƒ Lower volumes (EBITDA)* ƒ Costs from divested operations Operating profit, 346 933 SEK m (EBIT)* Profit after financial Positive factors -37 752 items ƒ Plant consolidation Profit af

  11. Slide 11: Summing up

    Summing up ƒ Effects of structural measures in the Nordics ƒ Gained market share in the UK ƒ Continue to strengthen our brands ƒ More efficient supply chain Next report Friday, 27 April Capital Markets Day Tuesday, 16 February in Stockholm

  12. Slide 12: Q&A session

    Q&A session Please use your touch-tone phone or send an e-mail using the link below

Nobia — Q4 2009 Earnings Presentation on 6ix