Momentum Group Ab Class B · OMXSTO:MMGR_B
Momentum Group Ab Class B — Q1 2024 Earnings Presentation
16 slides from Momentum Group Ab Class B's earnings presentation, Apr 26, 2024
Slide 1: Interim Report January–March 2024
Year-end report 2023 15 February 2024 Momentum Group Interim Report January–March 2024
Slide 2: Presenting today
Presenting today Ulf Lilius Andreas Cajbrandt President and CEO Group Accounting Manager Momentum Group 26 April 2024 2
Slide 3: Agenda
Agenda • Q1 highlights • Development during the quarter • Going forward Momentum Group 26 April 2024 3
Slide 4: Stable start to the year despite continued economic downturn
Q1 highlights Stable start to the year despite continued economic downturn Revenue: EBITA: EBITA/WC: +32% +25% 59% • Favourable sales development • Fueled by organic sales growth. • High level of profitability. with 5% organic growth. • Cost control. • Strong cash flow. • Business climate remained •
Slide 5: Development during the quarter
Development during the quarter
Slide 6: Group: Sales Q1 2024
Group: Sales Q1 2024 • Revenue increased by 32% to SEK 661 m (502). • Generally good delivery capacity. • Growth in comparable units of 5%. • More moderate increase in purchase prices and • The business climate remained satisfactory. costs. • Lower level of activity in some product • Positive contri
Slide 7: Group: Earnings Q1 2024
Group: Earnings Q1 2024 • Earnings growth due to: • EBITA increased by 25% to SEK 75 m (60). – Organic revenue growth. – EBITA margin 11.3% (12.0). – Contribution from acquisitions. • Net profit SEK 43 m (42). – Overall stable or increasing gross margins. – Increase in financial costs due to acquisi
Slide 8: Group: Rolling 12 months
Group: Rolling 12 months • Revenue increased by 33% to SEK 2,457 m (1,842). • EBITA margin of 11.4% (11.9). – Growth in comparable units of 6%. • Net profit SEK 174 m (154). • Operating profit rose by 22% to SEK 247 m (203). • Earnings per share SEK 3.45 (3.00). • EBITA increased by 27% to SEK 280 m
Slide 9: Industry business area
Industry business area Power Transmission Specialist • Positive sales trend with volume growth in • Positive development with organic growth in both sales mainly the automotive customer segment and and earnings. metal & mining. • Acquired businesses contributed revenue of SEK 33 m • Continued weaker
Slide 10: Infrastructure business area
Infrastructure business area Flow Technology Technical Solutions • Stable start to the year – Q1 seasonally • Generally stable development. weaker for companies such as Askalon • Rörick’s major workshops in Köping and Örebro showed and Conclean. good utilisation and growth in both sales and earnings
Slide 11: Profitability, cash flow and financial position
Profitability, cash flow and financial position • EBITA/WC 59% (62). • Cash flow from financing activities SEK –46 m (–20) • Return on equity 29% (31). – refers to change in interest-bearing liabilities. • Cash flow from operating activities for the reporting • Operational net loan liability of SEK
Slide 12: Going forward
ai. O | _ group Going forward a
Slide 13: Develops and acquires successful sustainable companies in the Nordic region
Develops and acquires successful sustainable companies in the Nordic region • Leading listed group offering sustainable products, services and solutions for customers in industry and industrial infrastructure. Revenue Profitability • An active owner that focuses on developing and acquiring companies
Slide 14: Momentum Group’s value chain
Momentum Group’s value chain Manufacturers Value-adding resellers Our customers Momentum Group’s offering1 Customer distribution1 Local manufacturing, assembly, Value-adding resellers: Service, repair and maintenance: After market: OEMs: proprietary brands: ~75 % ~15 % ~90 % ~10 % ~10 % Revenue per
Slide 15: Acquisitions in Q1 and after the period
Acquisitions in Q1 and after the period PW Kullagerteknik KmK Instrument Sikama ZRS Testing Systems Specialist in ball and rolling bearings for Specialist in measurement technology, Specialist in gas and fluid handling for Specialist in material testing and a broad customer base in the industry. non
Slide 16: Contact us
Contact us Please email us at ir@momentum.group if you have any questions. Momentum Group momentum.group