Goodtech Asa Class A · OSL:GOD

Goodtech Asa Class A — Q3 2021 Earnings Presentation

23 slides from Goodtech Asa Class A's earnings presentation, 2021

  1. Slide 1: Presentation Q3 2021

    Presentation Q3 2021 Margrethe Hauge CEO Goodtech ASA

  2. Slide 2: Agenda

    Agenda  Highlights  Financial update  Strategic update  Outlook

  3. Slide 3: Highlights

    Highlights  Satisfactory enquiry level and orderbook growth, still delay in capital investments  Results impacted by several one-off effects:  Cost related to acquisition  Projects write downs in Åland  Expanding organization and investing in digital solutions  Strategic roadmap established 

  4. Slide 4: Highlights

    Highlights AUTOMATION / DIGITALIZATION ROBOTIZATION ENVIRONMENTAL SYSTEMS  Healthy underlying performance  Satisfactory enquiry level but  Growing order back log  Significant investment in delay in capital investments  Project write down digitalization  Several pilot projects impacting the res

  5. Slide 5: Financial update

    Faiz 2err ale zai (Uy

  6. Slide 6: Highlights Third quarter 2021

    Highlights Third quarter 2021  Project write down in Åland 8 EBITDA and one-off effects impacting 160 Revenue 7 result negatively 140 6 120 MNOK MNOK 100 5  Significant investment in 4 digitalization 80 60 3 40 2  Growing order back log, but 20 1 delay in capital investments post Covid-19 0 0  E

  7. Slide 7: Revenue distribution 3Q-21

    Revenue distribution 3Q-21 By solution By geography YTD YTD Q3 Q3 13% 11% 13% 13% 23% 26% 29% 51% 58% 38% 62% 64% Norway Sales of goods Sweden Construction contracts Other Services

  8. Slide 8: Positive volume growth expected to continue

    Positive volume growth expected to continue Revenue (LTM) EBITDA (LTM) NOKm NOKm Growth: +5,8% 28 26 26 516 537 534 525 21 22 463 474 483 496 451 17 16 12 12 5.0% 5.2% 4.2% 3.0% 5.7% 4.5% 3.3% 2.6% 2.5% Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q

  9. Slide 9: Group Balance Sheet

    Group Balance Sheet Assets Equity and Liabilities 600,0 600,0 500,0 500,0 55,0 65,3 400,0 400,0 147,3 272,4 112,8 233,7 MNOK MNOK 300,0 300,0 200,0 200,0 290,8 303,5 194,2 191,9 100,0 100,0 0,0 0,0 41,0 41,5 Q320 Q321 Q320 Q321 Non current assets Current assets Cash and cash equivalents Long term li

  10. Slide 10: Net cash/-net interest bearing debt

    Net cash/-net interest bearing debt - 40,0 -15,0 % - 30,0 -10,0 % -10,4 % - 20,0 -6,8 % -6,9 % -5,0 % -5,1 % - 10,0 MNOK MNOK 0,0 % 0,0 3,3 % 5,0 % 10,0 10,0 % 20,0 12,7 % 15,0 % 30,0 2017 2018 2019 Q320 2020 Q321 2017 2018 2019 Q320 2020 Q321 Net debt/equity ratio 2017 2018 2019 Q320 2020 Q321 Leas

  11. Slide 11: Equity

    Equity 300,0 250,0 0,6 54,7 % 0,5 53,9 % 200,0 0,5 MNOK 150,0 MNOK 0,5 51,7 % 51,7 % 100,0 0,5 50,0 0,5 0,0 0,5 2018 2019 2020 Q321 2018 2019 2020 Q321 2018 2019 2020 Q321 Equity ratio

  12. Slide 12: Strong order backlog development

    Strong order backlog development Strong order backlog development Key considerations NOKm  Sales and market activity in the Group is high  Decision on capital projects take somewhat longer post Covid, 280 -4% and clients are still hesitant to take investment decisions. However, signs of recovery w

  13. Slide 13: Larger Project Wins in the Quarter

    Larger Project Wins in the Quarter

  14. Slide 14: Strategic update

    Faiz 2err ale zai (Uy

  15. Slide 15: Leading Technology Partner

    Leading Technology Partner  Well positioned  Addressing a large market  Independent one-stop shop  Operational excellence

  16. Slide 16: Strategic Platform

    Strategic Platform AUTOMATION DIGITALISATION ROBOTIZATION ENVIRONMENTAL

  17. Slide 17: A trusted partner from project generation to aftermarket services

    A trusted partner from project generation to aftermarket services Goodtech / Goodtech Partners Overall project management Aftermarket Idea generation Installation Engineering Equipment Commissioning Service / upgrades Solution (in-house assembly)  Identify and fulfil  Engineering services  Mainly

  18. Slide 18: Avanti Engineering

    Avanti Engineering • Located in Mo i Rana and Nesna • Leading player within automation, digitalization and robotization • Complementing Goodtech’s core competencies and adding 16 employees to the Group • Core activity within processing and aqua industry • Part of Goodtech’s ambition to strengthen it

  19. Slide 19: Region NordVest

    Region NordVest • Merging Trondheim, Førde and Bergen into one large region with 70 employees • Reducing administrative cost and encouraging a closer cooperation and coordination of core competencies • Improved market support

  20. Slide 20: Industry

    Robots Cybersecurity IOT Industry 3D 4.0 Simulation Infrastructure Intelligent communication automation System integration

  21. Slide 21: Outlook

    Faiz 2err ale zai (Uy

  22. Slide 22: Outlook

    Outlook  Goodtech is well positioned within our core markets; environment, aquaculture, metal, oil & gas, processing and food industry  Automation and digitalization will be key to increase our customers competitiveness  Favorable market conditions with growing demand for digitization and robotiz

  23. Slide 23: Thank you!

    G Thank you!

Goodtech — Q3 2021 Earnings Presentation on 6ix