Slide 1: Continued healthy sales increase and significantly better earnings
BEIJER Area for red GROUP ”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 Continued healthy sales increase and significantly better earni
Slide 2: Agenda
Agenda Business update for the quarter Financial performance, BEIJER GROUP Financial performance, business entities Financial targets Outlook Q&A |2
Slide 3: Business update for the quarter
Business update for the quarter The positive trend continues with growth and profit improvement. Satisfactory to note the EBIT margin of 8.1% and that we are closing in on the target of 10%. Orders on OK level without any larger project bookings in the quarter. Notable that Europe region sho
Slide 4: Agenda
Agenda Business update for the quarter Financial performance, BEIJER electronics GROUP Financial performance, business entities Financial targets Outlook Q&A |4
Slide 5: Sales Order intake
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 LTM MSEK by Qtr 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 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3
Slide 6: Group − growth continues and earnings step-up
BEIJER GROUP Group − growth continues and earnings step-up Q1 Q1 FY Comments to Q1 MSEK 2019 2018 % 2018 Order intake 368.5 397.7 -7% 1,593.2 IFRS16 − new way to account for rental and leasing − giving material impact on Sales 370.9 336.8 10% 1,417.2 EBITDA and balance sheet. Limited EBIT 30.1 18.
Slide 7: Agenda
Agenda Business update for the quarter Financial performance, BEIJER electronics GROUP Financial performance, business entities Financial targets Outlook Q&A |7
Slide 8: Beijer Electronics − sales growth and earnings improvement
Beijer Electronics Beijer Electronics − sales growth and earnings improvement Q1 Q1 FY Comments to Q1 MSEK 2019 2018 % 2018 Order intake 183.4 191.7 -4% 792.2 Continued nice growth and profit Sales 189.5 173.1 9% 731.4 improvement. EBIT 18.3 8.4 117% 47.4 Order intake impacted by the EBIT% 9.6%
Slide 9: Westermo − strong sales growth and profitability level coming back
Westermo Westermo − strong sales growth and profitability level coming back Q1 Q1 FY Comments to Q1 MSEK 2019 2018 % 2018 Order intake 162.1 176.6 -8% 687.9 Strong development in the quarter. Sales 158.7 136.0 17% 584.2 No larger project booked in the EBIT 21.2 21.0 1% 69.7 quarter and bumpy ord
Slide 10: Korenix − recovery ongoing as planned
Korenix Korenix − recovery ongoing as planned Q1 Q1 FY Comments to Q1 MSEK 2019 2018 % 2018 Order intake 29.1 33.1 -12% 129.2 Development according to expected Sales 28.8 31.4 -8% 117.8 with improvement compared to Q4 EBIT -0.6 0.4 -267% -6.4 2018. EBIT% -2.1% 1.1% -5.4% Still a smaller loss due
Slide 11: Agenda
Agenda Business update for the quarter Financial performance, BEIJER electronics GROUP Financial performance, business entities Financial targets Outlook Q&A | 11
Slide 12: Financial targets for the group
Financial targets for the group* Within a 2-3 year timeframe, the group will achieve minimum organic growth of 7% per year , and in the first phase, achieve a minimum EBIT margin of 10% , measured as an average over a business cycle. * Decided by the board in 2016 | 12
Slide 13: Agenda
Agenda Business update for the quarter Financial performance, BEIJER electronics GROUP Financial performance, business entities Financial targets Outlook Q&A | 13
Slide 14: Outlook for 2019
Outlook for 2019* ” BEIJER GROUP is expecting to improve sales and earnings for the full year 2019 compared to the figures for 2018 “ * Unchanged from last quarter | 14
Slide 15: Agenda
Agenda Business update for the quarter Financial performance, BEIJER electronics GROUP Financial performance, business entities Financial targets Outlook Q&A | 15
Slide 16: BEIJER GROUP
BEIJER GROUP BEIJER GROUP