Troax Group Ab Class A · OMXSTO:TROAX
Troax Group Ab Class A — Q4 2023 Earnings Presentation
24 slides from Troax Group Ab Class A's earnings presentation, Feb 9, 2024
Slide 1: Troax Group AB Fourth Quarter 2023 Presentation
THIS IS TROAX TROAX GROUP AB (publ) FOURTH QUARTER 2023 PRESENTATION FEBRUARY 9, 2024
Slide 2: Safe and Sound on Solid Ground
SAFE AND SOUND ON SOLID GROUND
Slide 3: Product Segments: Machine Guarding
THIS IS TROAX PRODUCT SEGMENTS MACHINE GUARDING Maximum safety 12% 24 % 64 %
Slide 4: Product Segments: Warehouse Partitioning
THIS IS TROAX PRODUCT SEGMENTS WAREHOUSE PARTITIONING Safe handling 12% 24% 64%
Slide 5: Product Segments: Property Protection
THIS IS TROAX PRODUCT SEGMENTS PROPERTY PROTECTION Storage solutions 12% 24% 64%
Slide 6: Automated Warehouse
THIS IS TROAX AUTOMATED WAREHOUSE Safety on all levels
Slide 7: Active Safety
THIS IS TROAX ACTIVE SAFETY Actively prevent accidents
Slide 8: The Year in Brief
SALES PER REGION 2023 (2022) THIS IS TROAX New Markets 8% (6%) UK 9% (11%) THE YEAR Mainland Europe 50% (53%) SALES PER BUSINESS AREA IN BRIEF North America 2023 (2022) 17% (17%) Property Protection 12% (10%) Nordics 16% (13%) Warehouse 2023 EUR MILLION 2023 YEAR ON Partitioning 24% (30%) YEAR CHANG
Slide 9: The Year in Brief
THIS IS TROAX 300,0 284,1 21,9% 22,3% 19,8% 23,0% 20,1% 20,7% 252,3 264,3 250,0 17,8% 21,0% 19,2% 18,1% THE YEAR 200,0 14,3% 161,0 168,0 163,6 20,8% 18,0% 19,6% 19,0% 17,0% IN BRIEF 150,0 100,0 91,2 103,7 115,8 152,1 15,0% 13,0% 71,7 11,0% 70,1 9,0% 50,0 7,0% • Troax is the global market leader of i
Slide 10: Financial Targets
THIS IS TROAX Actuals Financial targets 2023 YTD FINANCIAL TARGETS Sales growth “Troax’ objective is to exceed the growth in the Company’s current markets through organic growth, >Market growth Organic: -5% as well as selective acquisitions” Sales growth “Troax’ target is to have an operating margin
Slide 11: Summary Q4 2023
• Q4 was characterized by a continuation of the lower market activity especially from THIS IS TROAX automated warehouse customers, started in Q2 2022, however we noted that the figures were starting to stabilize in Q3. Q4 were more negatively hit by a lack of activity in the building sector and some
Slide 12: Financial Highlights, Group
THIS IS TROAX FINANCIAL HIGHLIGHTS, GROUP 1 Earnings per share is calculated excluding amortizations which amounted to -0,5 (-0,6) in the quarter and -1,9 (-1,5) for the year 2023.
Slide 13: Regional Development Order Intake and Sales
THIS IS TROAX REGIONAL DEVELOPMENT ORDER INTAKE Order intake 3 Months Okt-Dec 3 Months Okt-Dec 12Months Jan-Dec 12Months Jan-Dec 12 Months Jan-Dec AND SALES MEUR Continental Europe Nordic region 2023 32,5 8,7 2022 30,0 11,1 Diff 8% -22% 2023 132,5 37,8 2022 135,1 41,4 Diff -2% -9% 2021 136,6 32,2 Di
Slide 14: Conclusion
THIS IS TROAX CONCLUSION • We have continued to receive several important orders in the quarter in all segments, even if the total figure in this quarter was on the lower side. • Continued positive development in result reflecting both improved sales gross margins and unfortunately lower utilization
Slide 15: Growth Factors
THIS IS TROAX GROWTH FACTORS • Increased industrial automation • On-shoring of manufacturing • Growth in e-commerce • Safety awareness • Stricter regulation • Residential construction and safe storage
Slide 16: Our Production Units
Värnamo, SWEDEN THIS IS TROAX Production of mainly anti- collapse systems and shelves. OUR PRODUCTION UNITS Capacity (shelves) ~1,500,000 Capacity utilisation 60% Area (m²) 20,000 Hillerstorp, Birmingham, Shanghai, Bulciago, Chicago, Sroda, SWEDEN UK CHINA ITALY USA POLAND Production of the entire P
Slide 17: Troax Group: Working Together for a Safer World
THIS IS TROAX TROAX GROUP Working together for a safer world
Slide 18: This Is Troax
THIS IS TROAX
Slide 19: For a Safer Tomorrow
THIS IS TROAX FOR A SAFER TOMORROW WHAT WE FOCUS ON TODAY • We offset emissions from our air transport due to its significant environmental impact. (We use Euro 6 trucks for land based transports.) • Continuously decrease of our total energy consumption, target 2% per year • Regional manufacturing d
Slide 20: Troax Safety Center
THIS IS TROAX TROAX SAFETY CENTER Our R&D department, Troax Safety Center, is the backbone of Troax. We combine hard work and ingenuity to create the safest and most innovative products for the global market.
Slide 21: Certified by TÜV Rheinland
THIS IS TROAX CERTIFIED BY TÜV RHEINLAND
Slide 22: Protecting People, Property and Processes
THIS IS TROAX PROTECTING PEOPLE, PROPERTY AND PROCESSES
Slide 23: The Original Since 1955
THIS IS TROAX THE ORIGINAL SINCE 1955
Slide 24: Safety Equals Troax
SAFETY EQUALS TROAX