Hanza Ab · OMXSTO:HANZA
Hanza Ab — Q3 2024 Earnings Presentation
14 slides from Hanza Ab's earnings presentation, Oct 29, 2024
Slide 1: Q3 2024: Structured execution. Strategy HANZA 2025 on-track
Q3 – 2024 Structured execution. Strategy HANZA 2025 on-track Closing the activity program New MIG TM orders Reaffirms 2025 margin target of 8% Audiocast, Oct 29th, 2024 Erik Stenfors, CEO Lars Åkerblom, CFO 1
Slide 2: Agenda
Agenda Progress report Financial performance Conclusions and Outlook Q&A 22 HANZA Q3 2024
Slide 3: HANZA in one minute: Manufacturing made easy
HANZA IN ONE MINUTE Manufacturing made easy Business model Part production and part assembly From the customer base 3 HANZA Q3 2024
Slide 4: Market development
Market development General Market optimism in early 2024, expected recovery in demand in the latter part of the year, which did not materialize. Instead, the market proved to be relatively stable in 2024, with a demand lower than in 2023. HANZA followed the strategy communicated at the beginning of
Slide 5: Operations development
Operations development Challenging start of 2024 Largest acquisition to date to be integrated, Orbit One Orbit One's margin was about 2 percentage points below HANZA's. HANZA set a target that the group, including Orbit One, should regain a margin of 8% by 2025. In addition, several efficiency- and
Slide 6: Sustainability main activities in Q3
Sustainability main activities in Q3 Waste/sales, tons/MSEK Use/sales MWh/MSEK 0,26 20222 0,21 0,22 12,4 HANZA’s annual Employee Engagement Survey has been completed 20232 10,15 9,76 2024 Jan-Sep with strong results. Key areas such as leadership, efficiency, corporate culture and work environment sh
Slide 7: Q3 Financials
Q3 Financials Sales (MSEK) 1600 4900 1400 4200 Sales 1200 3500 1000 Net sales grew by 16% to 1,107 MSEK (955). 2800 800 2100 Sales adjusted for acquisitions and currency was down 4% compared to Q3 -23. 600 1400 400 12 months sales amounted to 4.6 bn SEK (4.1). 200 700 0 0 Q3 2023 Q4 2023 Q1 2024 Q2
Slide 8: Q3 Financials: segments
Q3 Financials Segment Main markets Main markets, operating profit Net sales up 14% to 626 MSEK (547) 100 15% Sales down 8% adjusted for acquisitions and currency. 80 12% 60 9% Operating profit, excluding OTC, totaled 56 MSEK (68), 40 6% corresponding to an operating margin of 8.9% (12.4). The Q2-24
Slide 9: Q3 Financials: cash flow and net debt
Q3 Financials Cashflow Strong cashflow from operations, 114 MSEK (5). (SEK million) Q3 2024 Q3 2023 Mainly due to a decrease in working capital, despite new projects. Equity 1,432 1,078 Capex Reduced to 73 MSEK (77), of which 23 MSEK (10) is investments in buildings. The capex is expected to be on a
Slide 10: Some shareholding updates
Ownership structure as of 30.09.2024 % Färna Invest AB 22.86 Clearstream Bankings S.A 9.09 Francesco Franzé 5.48 Some shareholding updates Håkan Halén 5.40 Main owner Färna invest increased the owning from 21.5% in Q2 to 22.9% in Q3. SHB Luxembourg cl acct Sweden 4.01 The First and Third AP Funds ha
Slide 11: Outlook
Outlook HANZA 2025 Acquisitions Long-term HANZA's 2025 strategy is on track. HANZA maintains a cautious The long-term strategy remains HANZA reiterates that the group's acquisition strategy. Acquisitions unchanged: operating margin will return to 8% must – like Orbit One – provide strong First, achi
Slide 12: Q & A
HANZA — 2 | HANZA Q3 2024
Slide 13: All you need is one
ALL YOU NEED IS ONE 13 HANZA Q3 2024
Slide 14: Disclaimer
Disclaimer This presentation and the information contained herein are being presented by HANZA Holding AB (publ) (the “Company”). By attending a meeting where this presentation is presented, or by reading this presentation, you agree to be bound by the following limitations and notifications. This p