Slide 1: Sustained high organic growth, improved earnings and dividend resumed for 2018
BEIJER electronics GROUP Sustained high organic growth, improved earnings and dividend resumed for 2018 1 January – 31 December, 2018 Per Samuelsson, CEO & Joakim Laurén, CFO
Slide 2: Agenda
Agenda Key events in the quarter Financial performance, BEIJER electronics GROUP Financial performance, business entities Financial targets Outlook Q&A |2
Slide 3: Key events in the quarter
Key events in the quarter The development with high growth and profit step-up continues and the full year 2018 came out well. Strong order intake of 452 MSEK in the quarter driven by all business entities. All-time-high year for the group at 1.6 BSEK. Good sales growth. Continued profit impr
Slide 4: Agenda
Agenda Key events in the quarter Financial performance, BEIJER electronics GROUP Financial performance, business entities Financial targets Outlook Q&A |4
Slide 5: Sales and order intake
BEIJER electronics 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 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Slide 6: Group – high volume growth and earnings improve
BEIJER electronics GROUP Group – high volume growth and earnings improve Q4 Q4 YTD YTD Comments to Q4 MSEK 2018 2017 % 2018 2017 % Order intake 452.0 329.5 37% 1,593.2 1,251.6 27% Sales 381.2 322.6 EBIT improvement to 20 MSEK or 18% 1,417.2 1,205.9 18% EBITDA 40.7 25.6 150.6 90.3 5.3% 59% 67% EBIT
Slide 7: Agenda
Agenda Key events in the quarter Financial performance, BEIJER electronics GROUP Financial performance, business entities Financial targets Outlook Q&A |7
Slide 8: Beijer Electronics – continued growth and good profitability development
Beijer Electronics Beijer Electronics – continued growth and good profitability development Q4 Q4 YTD YTD Comments to Q4 MSEK 2018 2017 % 2018 2017 % Order intake 231.5 171.0 35% 792.2 660.2 20% Very good progress overall proves Sales 191.5 173.2 11% 731.4 659.1 11% the viable strategy. EBITDA 25.
Slide 9: Westermo – strong growth but result impact to align
Westermo Westermo – strong growth but result impact to align Q4 Q4 YTD YTD Comments to Q4 MSEK 2018 2017 % 2018 2017 % Order intake 188.3 138.7 36% 687.9 502.7 37% Full year 2018 ended at all-time- Sales 167.3 128.7 30% 584.2 461.2 27% high of orders, sales and earnings. EBITDA 21.0 19.0 11% 97.4
Slide 10: Korenix – sales delays and recovery still ongoing
Korenix Korenix – sales delays and recovery still ongoing Q4 Q4 YTD YTD Comments to Q4 MSEK 2018 2017 % 2018 2017 % Order intake 35.7 23.6 51% 129.2 107.3 20% Nice order growth at +51% where Sales 25.8 24.4 6% 117.8 104.2 13% the new sales organisations in China EBITDA -0.9 1.2 -172% 6.3 5.6 13% a
Slide 11: Agenda
Agenda Key events in 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. With the current financial structure, this equates to a return on eq
Slide 13: Agenda
Agenda Key events in 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 electronics GROUP is expecting to improve sales and earnings for the full year 2019 compared to the figures for 2018 “ | 14
Slide 15: Agenda
Agenda Key events in the quarter Financial performance, BEIJER electronics GROUP Financial performance, business entities Financial targets Outlook Q&A | 15
Slide 16: BEIJER electronics GROUP
BEIJER ectronics BEIJER electronics GROUP