Getinge Ab Class B · OMXSTO:GETI_B
Getinge Ab Class B — Conference call: Planning for a Rights Issue (June 2017)
10 slides from Getinge Ab Class B's conference presentation, Jun 14, 2017
Slide 1: Planning for a Rights Issue
Planning for a Rights Issue Mattias Perjos, President & CEO Reinhard Mayer, CFO June 14, 2017 Not for release, publication or distribution, directly or indirectly, in or into Australia, Hong Kong, Japan, Canada, Singapore, the United States or any other jurisdiction where such distribution of this p
Slide 2: Guaranteed share issue with preferential rights – approximately SEK 4 bn
Guaranteed share issue with preferential rights – approximately SEK 4 bn In order to move faster towards a solid financial position • To strengthen Getinge’s financial position by reducing leverage • Amounting to approximately SEK 4 billion • Fully guaranteed by Carl Bennet AB • Preferential rights
Slide 3: Background I (III) – BoD is preparing a proposal of distribution and listing
Background I (III) – BoD is preparing a proposal of distribution and listing Two businesses with promising opportunities A share issue would strengthen the Preparation of ... with promising financial position in order to: Will lead to a better proposal of opportunities structure to capture distribut
Slide 4: Background II (III) – Strengthened cash flows
Background II (III) – Strengthened cash flows Despite challenging development in net sales • Big 5 efficiency enhancement program Increasing Cash Flows … … despite challenging Net sales development contributing to growing Cash Flows from +32.7% operations 868 6,712 6,664 Cash Flow from operations, M
Slide 5: Background III (III) – Net debt still above SEK 22.7 bn
Background III (III) – Net debt still above SEK 22.7 bn Moving in the right direction – but still a way to go Net debt March 31, 2017: SEK 22,743 M Gearing is moving in the right direction … Adj decrease in net debt in Q1 2017: SEK -451 M (-499) -12.5 122.6% 110.1% Net debt*/Equity Q1 2016 Q1 2017 …
Slide 6: A SEK bn reduction of net debt would have significant impact on key areas
A SEK 4 bn reduction of net debt would have significant impact on key areas 22.7 Net Debt/EBITDA*: 3.67 4.0 18.7 Net Debt/EBITDA*: 3.02 Calculation based on reported information for Q1 2017 ** Reduced financial cost Billion SEK Improved Net Earnings Improved Net Debt/EBITDA Net Debt Mar Potential Sh
Slide 7: Q&A
Q&A GETINGE x Page 7
Slide 8: Thank you
Thank you GETINGE x
Slide 9: Important information
Important information The information in this presentation does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares, subscription rights or other securities in Getinge AB. This presentation may not be released, published or distributed, directly or indirectly, in or
Slide 10: GETINGE
Se ba | GETINGE PASSION FOR LIFE
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