Slide 1: Presentation – Q1 2022
Presentation – Q1 2022 2 May 2022
Slide 2: High growth and strong EBITA despite challenges and uncertainties in the world
High growth and strong EBITA despite challenges and uncertainties in the world Net Sales ▪ EBITA* growth 44% 6 220 MSEK growth 40% ▪ Strong organic net sales growth ▪ Strength through a diversified portfolio ▪ Strong order growth and backlog ▪ Closed acquisition of Flyinge Plantshop ▪ Agreement sign
Slide 3: Group financials Q1 2022
Group financials Q1 2022 Net sales, MSEK LTM 24,339 Comments • Net sales growth 40% 6,220 • Organic growth in all business areas 4,705 4,432 • LTM net sales growth 18% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2020 2021 2022 EBITA*, MSEK LTM EBITA* 1,879 • EBITA* increased by 44% • Seasonally small quarter • Negat
Slide 4: Financial targets
Financial targets Announced in February 2021 EBITA 3 Billion SEK Comments 1,879 1,655 747 ▪ LTM EBITA at 1.879 MSEK - ahead of plan Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2020 2021 2022 Net Debt / EBITDA 1.9x 1.5 – 2.5x 0.8x ▪ Leverage increased to 0.8x as a result of acquisitions and planned -1.0x inventory in
Slide 5: Acquisition activity and strategy
Acquisition activity and strategy M&A Activity Q1 2022 • Two acquisitions during the quarter • New platform • Add-on to Plantasjen • Attractive pipeline, strong balance sheet • Expanding infrastructure • Expand B2B business with more than 5 BSEK in acquisition servicing business • Well managed busin
Slide 6: Business Areas
Business Areas
Slide 7: Construction & Services: Acquisitions as a launchpad for growth
Construction & Services: Acquisitions as a launchpad for growth We build and maintain a sustainable society Comments • Strong market and order backlog • Net sales growth 52%, whereof organic 9% • Negative impact from increased material and energy costs, and lingering pandemic effects • EBITA 292 MSE
Slide 8: NVBS
NVBS About the business ▪ NVBS is a Swedish railway maintenance provider, focusing on BEST (Bana, El, Signal, Tele) and groundwork related to railways ▪ Headquartered in Sweden and business in Nordics. ~175 employees ▪ Founded in 2012 and founders will remain shares amounting to 26% post acquisition
Slide 9: Consumer: Stable quarter for the business area
Consumer: Stable quarter for the business area Provide a better and easier life for consumers Comments • Q1 is a seasonally small quarter • Organic sales growth 27%, mainly driven by change in KVD’s business model and strong growth in Oase Outdoors • EBITA amounted to -75 MSEK (-65), Plantasjen’s EB
Slide 10: Industry: Business area net sales growth 11%
Industry: Business area net sales growth 11% Building industrial market leaders, based in the Nordics who exporting to the world Comments • Net sales increased 11% whereof 3% organic • Strong quarter for HL Display, LEDiL and TFS • Lower Wind segment sales and increased material and energy prices •
Slide 11: Sustainable growth and profitability in practice
Sustainable growth and profitability in practice
Slide 12: Examples from Q1 2022
Examples from Q1 2022 Starting 2022, several messages of strength came from our companies, which leads how the Ratos companies contribute to a more sustainable business in their industry in proof. Production of green electricity - Speed Presis Infra awarded “Green” contract in HL Display switching t
Slide 13: Financials
Financials 13
Slide 14: Group financials
Group financials 2022 2021 2022 2021 Comments Q1 Q1 Q1 LTM FY Net sales 6,220 4,432 24,339 22,551 • Net debt increased, from a net EBITA* 253 176 1,879 1,802 cash position last year, as a result - margin 4.1% 4.0% 7.7% 8.0% of acquisitions and strategic stock • Net financial cost increased, Net debt
Slide 15: Organic growth for the quarter account for one third of the increased net sales
Organic growth for the quarter account for one third of the increased net sales Net sales bridge Comments 209 Comments 478 • Strong order and sales growth across the business areas 1 101 6,220 • Net sales up 40% 4,432 62% of the increase is inorganic, 27% organic and 12% from FX Q1 Acquired/ Organic
Slide 16: Increasing EPS and positive return on capital employed trajectory
Increasing EPS and positive return on capital employed trajectory LTM EPS Comments +10% • LTM EPS increased 10% as a 2,17 1,98 result of increased earnings levels 1,34 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2020 2021 2022 LTM ROCE 9.2% 8.0% • ROCE positive trajectory at 9.2% 5.7% compared to 8.0% last year driv
Slide 17: Final Remarks
Final Remarks “a ae My
Slide 18: The Ratos model shows strength in difficult times
The Ratos model shows strength in difficult times A group of market leaders with a strong culture and ▪ First quarter show our progress on the being part of something growth journey delivering increasing larger results despite significant challenges in our operating environment ▪ Proof of concept, f
Slide 19: Q&A
Q&A RATOS
Slide 20: The leading company builder in the Nordics
The leading company builder in the Nordics A group of market leaders A clear culture Part of something larger Decentralized structure Ratos is a sustainable long-term owner with no exit horizon It’s all about people Gain benefits of the larger group through contacts and network We own companies that