Slide 1: Q2 2022 – Record sales and a strong customer outlook
Q2 2022 – Record sales and a strong customer outlook PETTERI JOKITALO, CEO 5 AUGUST 2022
Slide 2: Highlights for Q2 2022
Highlights for Q2 2022 • The turnover was at the record high level • Robust demand in process automation systems, analyzers, frequency converters, reverse vending machines and indoor air Q2 Q1 2022 2022 products. • Net cash flow from operations positive in Q2 196.6M€ 212.9 M€//23.2 20.4%% Turnover/
Slide 3: Customer Segments
Customer Segments Q2 2022 Change, Q2 2022, Change, y/y, M€ y/y, % Growth drivers spot*, M€ ex. spot*, % Advanced Consumer Applications 68.7 28.6 15.2 1.5 Automation & Safety 45.6 24.0 Process automation 2.5 25.8 Connectivity 9.1 24.0 0.5 17.9 Energy & Cleantech 53.5 19.2 Energy-saving and recycling
Slide 4: Key Figures
Key Figures H1 2022 H1 2021 Change,% 2021 Turnover, EUR million 409.5 336.2 21.8 695.7 Operating Profit, EUR million 20.5 20.6 -0.4 39.6 Operating Profit, % 5.0 6.1 5.7 Earnings per Share, EUR 0.23 0.25 0.46 Return on Equity, % 14.6 17.3 15.2 Equity Ratio, % 40.5 50.2 45.3 Net Gearing, % 45.4 13.0 2
Slide 5: Balance sheet: Stable financial position
Balance sheet: Stable financial position MEUR 209,7 • Cash and cash equivalents totaled EUR 229,5 17.2 (16.9) million Inventories Equity • Equity ratio 40.5% (50.2%) and net Goodwill 11,9 7,9 Interest bearing debt gearing 45.4% (13.0%) 17,2 Other intangible 112,5 • Inventories EUR 229.5 (139.2) mill
Slide 6: Turnover Q2 2019 – Q2 2022
Turnover Q2 2019 – Q2 2022 MEUR 250 212,9 191,7 196,6 200 172.9 167,8 163.3 152.3 154.7 155.6 154.1 150 142.6 144.1 141.6 100 50 0 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 6
Slide 7: Turnover Q2 2019 – Q2 2022
Turnover Q2 2019 – Q2 2022 MEUR 154.1* Spot purchases and special freights 29,5 14,4 17,0 11,7 5,8 250 0,7 212,9 191,7 196,6 200 172.9 167,8 163.3 179.6 183.4 152.3 154.7 155.6 154.1 177.4 150 142.6 144.1 141.6 165.1 156.1 100 50 0 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1
Slide 8: Operating Profit Q2 2019 – Q2 2022
Operating Profit Q2 2019 – Q2 2022 MEUR % 15 12,1 10 10,4 10,6 10,2 10,2 10,3 10,1 10,0 9,9 10,0 9,5 7,9% 8,6 7,2% 7,0% 6,8% 6,5% 6,5% 6,4 6,0% 6,1% 6,1% 5,7% 5 5,3% 5,3% 4,8% 0 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Adjusted operating profit, MEUR Operating pr
Slide 9: Outlook and focus in 2022
Outlook and focus in 2022 Scanfil estimates that its turnover for 2022 will be EUR 800–880 (14 April: 750–820) million and its adjusted operating profit will be EUR 43–48 (unchanged) million. The outlook involves uncertainty especially arising from the availability and price level of semiconductors
Slide 10: Long-term targets
Long-term targets • Annual organic growth of 5-7% • Operating profit level at 7% • Dividend approximately 1/3 of the annual earnings per share To ensure our growth, we have acquired more production space at our Atlanta, Wutha, Malmö and Suzhou factories, in total of 11,000 m². In the long run, we se
Slide 11: Q&A
SCANFIL Q&A
Slide 12: Contact information and analysts
Inderes Oy Antti Viljakainen +358 44 591 2216 antti.viljakainen(at)inderes.fi Evli Pankki Oyj Joonas Ilvonen Contact information +358 44 430 9071 joonas.ilvonen(at)evli.com and analysts OP Financial Group Joona Tersa +358 10 252 4351 PETTERI JOKITALO, CEO joona.tersa(at)op.fi +358 44 7882400 petteri
Slide 13: Disclaimer
Disclaimer Not to be published or distributed, directly or indirectly, in any country where its distribution or publication is unlawful. Forward looking statements: certain statements in this presentation may constitute "forward-looking" statements which involve known and unknown risks, uncertaintie
Slide 14: Global contract manufacturer and systems supplier
Global contract manufacturer and systems supplier