Ependion Ab · OMXSTO:EPEN
Ependion Ab — Beijer Group — Q4 2020 Earnings Presentation
19 slides from Ependion Ab's earnings presentation, February 2021
Slide 1: Demand recovery creates potential for better performance in 2021
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 Demand recovery creates potential for better perfor
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 and Dividend Confirmation of BEIJER GROUP strategy Q&A
Slide 3: Business update for the quarter, i)
Business update for the quarter, i) As expected, the business was continued impacted by the effects of Covid-19 during the quarter with swings where the 2:nd infection wave caused market slowdown mid-period to then stabilize towards year-end. Orders increased sequentially with +28% where all thr
Slide 4: Business update for the quarter, ii)
Business update for the quarter, ii) Westermo showed relative good stability and generated a positive EBIT at +8% in the quarter despite the challenging market in Q4. Beijer Electronics got continued impact with lower demand and pushed out deliveries by customers and, despite significant cost lo
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: Order intake and sales, BEIJER GROUP
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 Q4 Q1 Q2 Q3 Q4 Q1
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 and Dividend Confirmation of BEIJER GROUP strategy Q&A
Slide 8: Group – Covid & FX impact the earnings but positive cash flow
BEIJER GROUP Group – Covid & FX impact the earnings but positive cash flow Q4 Q4 FY FY MSEK 2020 2019 % 2020 2019 % Comments to Q4 Order intake 397.3 406.9 -2% 1,449.0 1,557.2 -7% Sales 350.2 415.3 -16% 1,437.7 1,558.7 -8% EBIT at -5.2 MSEK due to low sales and EBIT excl restructuring 2020 -5.3 22
Slide 9: Westermo – order growth while performance moving sideways
Westermo Westermo – order growth while performance moving sideways Q4 Q4 FY FY MSEK 2020 2019 % 2020 2019 % Comments to Q4 Order intake 214.5 183.8 17% 777.9 725.8 7% Sales 183.0 199.3 -8% 769.0 705.2 9% Strong order growth in the quarter. EBIT 15.3 22.3 -31% 85.9 89.6 -4% EBIT% 8.4% 11.2% 11.2% 1
Slide 10: Beijer Electronics – continued impact of the Pandemic
Beijer Electronics Beijer Electronics – continued impact of the Pandemic Q4 Q4 FY FY MSEK 2020 2019 % 2020 2019 % Comments to Q4 Order intake 158.7 197.9 -20% 594.7 732.2 -19% Sales 145.7 193.8 -25% 599.1 756.2 -21% Sequential order growth by +24% EBIT excl restructuring 2020 -10.5 10.7 -198% -10.
Slide 11: Korenix – positive development turning into positive earnings
Korenix Korenix – positive development turning into positive earnings Q4 Q4 FY FY MSEK 2020 2019 % 2020 2019 % Comments to Q4 Order intake 24.1 29.6 -18% 76.4 121.8 -37% Sales 24.3 26.5 -8% 83.5 119.9 -30% Korenix made positive progress with EBIT excl restructuring 2020 0.7 -2.8 -126% -10.3 -4.3 1
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 and Dividend Confirmation of BEIJER GROUP strategy Q&A
Slide 13: Concluding notes by Per...
Concluding notes by Per... BEIJER GROUP
Slide 14: Outlook
Outlook ” Although there is short-term uncertainty regarding ongoing progress, with the information currently available, we think that the market may recover in 2021. This offers BEIJER GROUP good potential to achieve better financial performance in 2021 than in 2020.” | 14
Slide 15: Dividend
Dividend Proposed a dividend of 0 SEK for the financial year 2020. The Board's proposal is a precautionary measure aimed at safeguarding the Group's financial stability in the uncertain times of a Pandemic. The ambition is to commence to pay out dividends again as soon as possible. | 15
Slide 16: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance, BEIJER GROUP & business entities Concluding notes and Outlook and Dividend Confirmation of BEIJER GROUP strategy Q&A
Slide 17: Confirmation of BEIJER GROUP strategy
Confirmation of BEIJER GROUP strategy BEIJER GROUP – a leading technology company providing secure solutions for a connected world The philosophy is based on a high degree of decentralization. Independent subsidiaries with profit responsibility are managed with the help of clear values and central f
Slide 18: Agenda
Agenda Business update for the quarter including Summary of Covid-19 related measures Financial performance, BEIJER GROUP & business entities Concluding notes and Outlook and Dividend Confirmation of BEIJER GROUP strategy Q&A
Slide 19: BEIJER GROUP
BEIJER GROUP BEIJER GROUP