Slide 1: Troax Group AB Third Quarter 2021 Presentation
THIS IS TROAX TROAX GROUP AB (publ) THIRD QUARTER 2021 PRESENTATION OCTOBER 26, 2021
Slide 2: On Solid Ground
ON SOLID-GROUND
Slide 3: % % %
14 % 21 % 65 %
Slide 4: 14% 21% 65%
14% 21% 65%
Slide 5: 14% 21% 65%
14% 21% 65%
Slide 6: We Protect What Matters
Slide 7: Orders received, net sales, operating profit 2020
THIS IS TROAX 2020 EUR MILLION 2020 YEAR ON YEAR CHANGE Orders received 178.4 +6% Net sales 163.6 -3% Operating profit 30.8 -6% Operating margin 18.8% -0.8% Earnings per share (EUR) 0.39 -5% Dividend per share 0.20 +100%
Slide 8: Global market leader of indoor perimeter protection
THIS IS TROAX • Troax is the global market leader of indoor perimeters protection (”mesh panel solutions”) • Relative market share is -2.5x larger than #2 player • Local presence in 42 countries • Troax had a sales CAGR 2011-2020 of 11.6% and an organic sales CAGR 2011-2020 of 8.3% • Strong position
Slide 9: Financial targets and 2021 YTD actuals
THIS IS TROAX Actuals Financial targets 2021 YTD Sales “Troax’ objective is to exceed the growth in the >Market Organic: growth Company’s current markets through organic growth, growth 39% as well as selective acquisitions” Sales growth M&A: 19% “Troax’ target is to have an operating margin 20% 21,9
Slide 10: Q3 continued with the good order trend
• Q3 continued with the good order trend which started in Q1. The main THIS IS TROAX explanation for this is the continued strong development from customers mainly within Automated Warehouses and Machine Guarding. • A good EBIT result and margin in Q3 2021 was recorded compared to LY thanks to good
Slide 11: Financial summary
THIS IS TROAX 3 Months 3 Months 9 Months 9 Months 12 months 12 months 12 months Jul-Sep Jul-Sep Jan-Sep Jan-Sep Jan-Dec Jan-Dec Oct-Sep MEUR 2021 2020 2021 2020 2020 2019 2020/2021 Order intake 68,5 38,1 202,3 120,4 178,4 168,1 260,3 Sales 65,5 42,0 187,7 118,7 163,6 168,0 232,6 Gross profit 24,5 17
Slide 12: Order intake and sales by region
THIS IS TROAX 3 Months 3 Months 9 Months 9 Months 12 Months 12 Months 12 Months Order intake Jul-Sep Jul-Sep Jan-Sep Jan-Sep Jan-Dec Jan-Dec Oct-Sep MEUR 2021 2020 Diff 2021 2020 Diff 2020 2019 Diff 2020/2021 Continental Europe 25,4 19,9 28% 78,4 60,4 30% 81,0 90,6 -11% 99,0 Nordic region 7,2 6,0 20
Slide 13: Important orders received in the third quarter
THIS IS TROAX • We have received several important orders in the third quarter in all segments. This refers mainly to customers within Automated Warehouse and Machine Guarding, but also other segments have progressed positively. We noted during the quarter that the continued inflow of orders which m
Slide 14: Market drivers
THIS IS TROAX • Increased industrial automation • On-shoring of manufacturing • Growth in e-commerce • Safety awareness • Stricter regulation • Residential construction and safe storage
Slide 15: Total market expected to have decreased in 2020
THIS IS TROAX We expect that the total market has somewhat been decreasing in size during 2020.
Slide 16: Assessment of the competitive situation
THIS IS TROAX THE COMPANY’S ASSESMENT OF THE COMPETITIVE SITUATION IN 2019/2020 EUR million
Slide 17: Our production units
THIS IS TROAK Hillerstorp, SWEDEN Production of the entire range of panels Capacity (metres) >1,900,000 Capacity utilisation 70% Area (m?) 39,000 OUR PRODUCTION UNITS dividers, safety barriers & arehouse accessories Capacity (panels) Capacity (metres) Capacity (metres) 100,000 ~900,000 Capacity util
Slide 18: Working together for a safer world
THIS IS TROAX Working together for a safer world
Slide 19: A safer tomorrow
A SAFER TOMORROW iB SINCE #355
Slide 20: What we focus on today
THIS IS TROAX WHAT WE FOCUS ON TODAY • Climate compensating program concerning all transportations • Continuously decrease of our total energy consumption, target 2% per year – Reached in the main unit in Sweden for 2020. • Regional manufacturing decreases transportation • Recertified ISO 14001 and
Slide 21: Troax Safety Center R&D
THIS IS TROAX 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 22: Certified by TÜV Rheinland
THIS IS TROAK CERTIFIED BY TUV RHEINLAND
Slide 23: Protecting people, property, and processes
PROTECTING PEOPLE, PROPERTY, AND PROCESSES
Slide 24: The original. Since 1999
THE ORIGINAL. SINCE 1999. TH ORIGINAL
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