Slide 1: Etteplan Q3/2022: Forward with strong operational performance
Etteplan Q3/2022: Juha Näkki President and CEO Forward with October 31, 2022 strong operational Espoo, Finland performance Public 1
Slide 2: Contents of the presentation
Contents of the presentation • Highlights Q3 2022 • Operating environment Q3 2022 • Financial development Q3 2022 • Service areas Q3 2022 • Etteplan’s targets • Q&A Public 2
Slide 3: Highlights Q3 2022
Highlights Q3 2022 + The market situation remained good and all three service areas performed well. + Our operational performance was strong. + Revenue growth continued, and profitability and operative cash flow were strong. ─ Significant non-recurring costs of Semcon public offer burdened the resul
Slide 4: Operating environment Q3 2022
Operating environment Q3 2022 Development in main markets: • The demand situation remained good but there were fluctuations in demand. The geopolitical tensions caused by Russia’s • The war started by Russia in Ukraine invasion of Ukraine and the energy crisis have and the related energy crisis and
Slide 5: Revenue
Revenue 20% 13% 21% 39% Organic growth 11.2% Public 5
Slide 6: Operating profit (EBITA)
Operating profit (EBITA) 24% 42% 33% 11% Public 6
Slide 7: Revenue and personnel
Revenue and personnel Public 7
Slide 8: Revenue by customer segment
Revenue by customer segment 1-9/2022 Public 8
Slide 9: Financial guidance and Outlook 2022
Market outlook Financial guidance and The most important factor affecting Etteplan’s business is the global development of the Outlook 2022 machinery and metal industry. The COVID-19 pandemic continues to affect the market Etteplan specifies its financial situation, especially in China. The war star
Slide 10: Financial development Q3 2022
Financial development Q3 2022 Public 10
Slide 11: Key Figures
Key Figures M€ 7-9/2022 7-9/2021 Change % 1-9/2022 1-9/2021 Change % 1-12/2021 Revenue 80.3 66.9 20.1 259.1 214.9 20.6 300.1 Revenue from outside Finland 39.7 29.7 33.7 124.9 92.9 34.4 130.1 Operating profit (EBITA) 7.1 5.7 24.3 24.2 21.2 14.2 30.1 EBITA, % 8.8 8.5 9.3 9.9 10.0 Operating profit (EBI
Slide 12: Revenue
Revenue Q3 2022 80.3 M€ (66.9) +20.1% At comparable exchange rates +21.0% Organic +11.2% At comparable exchange rates +12.0% 1-9 2022 259.1 M€ (214.9 ) +20.6% At comparable exchange rates +21.2% Organic +11.7% At comparable exchange rates +12.3% The demand situation remained good, and growth was str
Slide 13: EBITA
EBITA Q3 2022 7.1 M€, 8.8% (5.7 M€, 8.5%) +24.3% Non-recurring -0.7 M€ (-0.2) 1-9 2022 24.2 M€, 9.3% (21.2 M€, 9.9%) +14.2% Non-recurring -1.3 M€ (-0.6) We achieved good profitability for a third quarter. Non-recurring costs mainly related to Semcon public offer were signicant. Public 13
Slide 14: EBIT
EBIT Q3 2022 5.8 M€, 7.2% (4.6 M€, 6.9%) +25.4% Non-recurring -0.7 M€ (-0.2) Amortization related to acquisitions 1.3 M€ (1.1) 1-9 2022 20.2 M€, 7.8% (17.9 M€, 8.3%) +12.7% Non-recurring -1.3 M€ (-0.6) Amortization related to acquisitions 4.0 M€ (3.3) Public 14
Slide 15: Earnings per share and dividend
Earnings per share and dividend Earnings per share Q3 2022: -0.03 € (0.14) -121.4% Q1-Q3 1-9 2022: 0.43 € (0.55) -21.8% 0.55 Q1-Q3 Significant non-recurring costs of 0.43 Semcon public offer burdened the results. The fair value measurement of a currency hedge burneded financing items and, consequent
Slide 16: Cash flow
Cash flow Operating cash flow Q3 2022: 4.1 M€ (0.2) 1-9 2022: 17.1 M€ (13.9) Operating cash flow in the third quarter was good. Cash flow after investments was affected by acquisitions made in the first half of the year. Cash flow accrues unevenly over the four quarters of the year due to periodic f
Slide 17: Personnel
Personnel At the end of the period 4,001 (3,625) +10.4% Average 3,937 (3,429) Compared to the end of September 2021, the number of personnel increased by 10.4%. At the end of the review period, 1,988 (Sep 30, 2021: 1,614) people were employed by the Group outside of Finland. Due to the unpredictable
Slide 18: Service areas Q3 2022
Service areas Q3 2022 Public 18
Slide 19: Engineering Solutions
Engineering Solutions Q3 2022 Revenue 41.9 M€ (36.9) +13.4% EBITA 4.3 M€, 10.3% (3.0 M€, 8.2%) 1-9 2022 Revenue 134.8 M€ (120.4) +12.0% EBITA 14.1 M€, 10.5% (11.6 M€, 9.6%) Personnel 2,124 (2,071) at the end of the period Demand situation remained good and the revenue increased. Profitability was at
Slide 20: Software and Embedded Solutions
Software and Embedded Solutions Q3 2022 Revenue 22.0 M€ (18.1) +21.4% EBITA 2.2 M€, 9.9% (1.6 M€, 9.1%) 1-9 2022 Revenue 71.7 M€ (56.8) +26.3% EBITA 6.4 M€, 8.9% (5.9 M€, 10.4%) Personnel 837 (762) at the end of the period The market situation remained good in general, but rising costs level and unc
Slide 21: Technical Documentation Solutions
Technical Documentation Solutions Q3 2022 Revenue 16.3 M€ (11.8) +38.8% EBITA 1.3 M€, 8.1% (1.2 M€, 10.2%) 1-9 2022 Revenue 52.1 M€ (37.3) +39.8% EBITA 4.7 M€, 9.0% (4.2 M€, 11.3%) Personnel 894 (669) at the end of the period The demand situation remained good, and revenue increased. Operational eff
Slide 22: Etteplan's targets
Etteplan’s targets Public 22
Slide 23: Financial targets 2020-2024
Financial targets 2020-2024 Revenue 50% 75% 10% >EUR 500 Revenue Managed Operating million outside Services share profit Finland of Revenue (EBITA) Rolling 12 months: EUR 344 million 1-9/2022: 48% 1-9/2022: 66% 1-9/2022: 9.3% Public 23
Slide 24: Questions?
Questions? » » BE s Etteplan Public
Slide 25: Revenue and EBIT 2000-Q3/2022
Revenue and EBIT 2000-Q3/2022 Public 25
Slide 26: Investor relations contacts
Investor relations contacts Outi Torniainen Juha Näkki SVP. Marketing and President and CEO Communications Tel. +358 10 307 2077 Tel. +358 10 307 3302 Helena Kukkonen CFO Public 26 Tel. +358 10 307 2003
Slide 27: Public
x Etteplan Public