Ratos Ab Class A · OMXSTO:RATO_A
Ratos Ab Class A — Shareholder Meeting (March 2021)
18 slides from Ratos Ab Class A's shareholder meeting presentation, Mar 10, 2021
Slide 1: AGM 2021
AGM 2021 Jonas Wiström 10 March 2021
Slide 2: AGM 2021
AGM 2021 1. Ratos 2020 2. Ratos as a business group 3. Ratos share in 2020 och goals for 2021 2
Slide 3: Objectives 2020
Objectives 2020 (from AGM 2020) Handle Covid-19 Employees Liquidity Results 3
Slide 4: Summary of Covid-19 impact 2020
Summary of Covid-19 impact 2020 Negative impact on net sales in all companies except Plantasjen and Oase Outdoors Government support, in all countries, amounted to approximately 79 MSEK in 2020 ̶ Repaid furlough support scheme Our priorities are employees’ health and safety, liquidity and EBIT
Slide 5: Strong EBITA for full year 2020
Strong EBITA for full year 2020 Comments FY EBITA (Ratos share, MSEK) Net sales amounted to 24,071 MSEK (24,499) +60% ̶ Negative currency effects and Covid-19 1 913 ̶ Organic growth of 4% ̶ Strong growth in airteam, Diab and Plantasjen EBITA increased to 1,913 MSEK (1,198) ̶ 10 out of 12 compani
Slide 6: Leverage
Leverage Decreased Net Debt and increased EBITDA Net Debt / EBITDA LTM Q4 2020 Net Debt / EBITDA amounted to 1.1x in Q4 2020 (2.6) 3.3x EBITDA improved by 55%, Net Debt decreased by 1.1 bn -58% SEK 2.6x Net cash position in Ratos AB 1,166 MSEK ̶ Ratos AB has a loan facility of 1,000 MSEK Aft
Slide 7: Aibel – provides solutions for the transition into renewable energy
Aibel – provides solutions for the transition into renewable energy The global transition into renewable energy creates significant business opportunities for Aibel within Offshore Wind ̶ EU goal: 5x increase in capacity by 2030 Focus on reducing the carbon footprint on the Norwegian continental
Slide 8: Plantasjen - #1 in the Nordics
Plantasjen - # 1 in the Nordics Large and steadily growing market ̶ Favourable megatrend “green living” ̶ Resilient and non-cyclical consumption demand ̶ Additional benefit from “staycations” 2020 Plantasjen key success factors ̶ Most inspiring Nordic Garden Center ̶ Sales growth through custome
Slide 9: Diab - Strong position in renewables market
Diab - Strong position in renewables market Design and produce material and solutions for lightweight applications in the marine, industry, aerospace, transportation and wind markets Wind power market has grown +50% 2018 - 2020, with further growth expected as more countries commit to carbon neu
Slide 10: AGM 2021
AGM 2021 1. Ratos 2020 2. Ratos as a business group 3. Ratos share in 2020 och goals for 2021 10
Slide 11: Ratos - an active owner building great companies
Ratos - an active owner building great companies Large / mid Long-term Total EBITA HQs in the sized and active Sales Growth Nordics companies ownership 60% 12 500 SEK 37 bn (2019-2020) Employees in (December 2020 12 companies 100% ownership) 1.9 in 30+ countries Billion SEK in EBITA EBITA LTM (Ratos
Slide 12: Transformation completed – focus on profitable growth
Transformation completed – focus on profitable growth Ratos a business group Improve EBITA in current Structural changes companies Structure, Processes, Culture Stability Divestment of Bisnode Organic EBITA growth Divestment Spira, Jøtul, Add on acquisitions in Profitability Gudrun Sjödé
Slide 13: New financial targets
New financial targets Dividend payout EBITA Net Debt / EBITDA 30–50% 3 Billion SEK 1.5 – 2.5x of profit after tax Net debt in relation to EBITDA The dividend payout ratio should normally range from 1.5 EBITA is to amount to at least should amount to 30–50% of to 2.5x, excluding financial SEK 3 billi
Slide 14: Ratos and sustainable development
2020-04-01 Ratos and sustainable development Four focus areas ▪ Code of conduct: 12 companies ▪ Whistleblower system: 12 companies ▪ Sustainability report: 12 companies Transparency and Employees company management ▪ Co2-reports: 10 companies ▪ Environmental policy: 12 companies Environmental & Busi
Slide 15: AGM 2021
AGM 2021 1. Ratos 2020 2. Ratos as a business group 3. Ratos share in 2020 och goals for 2021 15
Slide 16: Ratos B-share in 2020
2020-04-01 Ratos B-share in 2020 Total return 2020: 17.3% (SIX Return Index: 14.8%) Number of shareholders as of December 31 2020 equaled 53 357 compared to 52 070 as of year end 2019 Share turnover (number of shares traded divided by number of shares outstanding) in the Ratos-B share amounted
Slide 17: Goals for 2021
Goals for 2021 Continue handling Covid-19 Keep increasing company profitability Execute on first acquisitions 17
Slide 18: Relentless since 1866
Relentless since 1866 www.ratos.com