Wastbygg Gruppen Ab Class B · OMXSTO:WBGR_B
Wastbygg Gruppen Ab Class B — Q4 2022 Earnings Presentation
18 slides from Wastbygg Gruppen Ab Class B's earnings presentation, Feb 9, 2023
Slide 1: Interim Report January – December 2022
INTERIM REPORT JANUARY – DECEMBER 2022 February 9, 2023 NEW INDOOR ICE RINK, BORÅS
Slide 2: Today's presenters
Today’s presenters JONAS JÖNEHALL JESSICA GÅRDMO Chief Executive Officer Chief Financial Officer 2
Slide 3: Wästbygg Group A Summary
Wästbygg Group A SUMMARY Develop and build sustainable, modern and efficient homes, 597 commercial properties EMPLOYEES DEC 31, 2022 and logistics and industrial properties WÄSTBYGG GROUP LOGISTICS AND RESIDENTIAL COMMERCIAL INDUSTRY Property Management 3
Slide 4: Selected projects
Selected projects PROJECT DEVELOPMENT LOGISTICS & RESIDENTIAL INDUSTRY RESIDENTIAL CITYTERRASSEN, MALMÖ GENESTA, ENKÖPING STRANDÄNGEN, FALKENBERG 174 apartments 80,000 sqm 29 townhouses CONSTRUCTION LOGISTICS & INDUSTRY COMMERCIAL RESIDENTIAL FABRITIUS/HEMTEX, BORÅS HOSPITAL, HUDIKSVALL LOGEMENTET,
Slide 5: Fourth Quarter 2022 in brief
Fourth Quarter 2022 IN BRIEF • Stable order back-log and strong growth • Solid financial position • Unpredictable market and beleaguered profit margin MATHEM, STOCKHOLM 5
Slide 6: Fourth Quarter 2022 significant events
Fourth Quarter 2022 SIGNIFICANT EVENTS • The company signed its first construction contract in the Finnish market comprising of a 9,000 sqm logistics facility. The order value is equivalent to approximately SEK 102 million. • A 45,000 sqm logistics facility in Stockholm, developed for the tenant Mat
Slide 7: January–December 2022 key figures
January–December 2022 KEY FIGURES SEK 5.8 bn 1.5% Revenue Jan-Dec 2022 EBIT margin Jan-Dec 2022 SEK 5.0 bn SEK 5.8 bn Order intake Jan-Dec 2022 Order backlog Dec 31, 2022 DISTRIBUTION OF REVENUE – JAN-DEC 2022 36% 31% Residential 31% Construction Commercial Project Development Logistics & industry 6
Slide 8: Fourth Quarter 2022 key figures
MATHEM, STOCKHOLM Fourth Quarter 2022 KEY FIGURES SEK 1.8 bn 1.1% Revenue Oct-Dec 2022 EBIT margin Oct-Dec 2022 SEK 0.9 bn SEK 5.8 bn Order intake Oct-Dec 2022 Order backlog Dec 31, 2022 DISTRIBUTION OF REVENUE – OCT-DEC 2022 36% 33% Residential 31% Construction Commercial Project Development Logist
Slide 9: Residential segment development
Residential SEGMENT DEVELOPMENT • Focus on multi dwelling buildings (condominiums and rental apartments) and student housing. • Construction and project development. PRODUCTION, NUMBER OF FLATS Completed during the period 90 Ongoing December 31, construction 1,388 Ongoing December 31, project develo
Slide 10: Commercial segment development
Commercial SEGMENT DEVELOPMENT • Focus on commercial properties including retail, offices, community service properties and hotels. • Construction and project development. PRODUCTION, NUMBER OF SQM Completed during the period 28,600 Ongoing December 31, construction 146,982 Ongoing December 31, proj
Slide 11: Logistics and Industry segment development
Logistics and Industry SEGMENT DEVELOPMENT • Focus on larger logistics and industrial buildings under the brand of LC. • Construction and project development. PRODUCTION, NUMBER OF SQM Completed during the period 59,000 Ongoing December 31, construction 312,500 Ongoing December 31, project developme
Slide 12: Order intake and backlog since 2019
Order intake and backlog SINCE 2019 SEASONALITY WITH STRONG ORDER INTAKES IN Q2 AND Q4 Order intake (LHS) Order backlog Revenue DISTRIBUTION OF (RHS) (RHS) ORDER BACKLOG 3 000 7 000 6 000 2 500 26% 5 000 32% 2 000 4 000 1 500 42% 3 000 1 000 2 000 Residential 500 Commercial 1 000 Logistics & industr
Slide 13: Medium term financial targets
Medium term financial targets TARGET OUTCOME CF FROM OPERATING ACTIVITIES (SEKM) Annual growth target 10% 14.1% over time CAGR’19-LTM • Continuous profitable growth • Continued focus on risk avoidance and EBIT margin >6% 1.5% 2022 profitability in every project • Build a balanced portfolio of projec
Slide 14: Linked to sustainability
Linked to sustainability GREEN SHARES (%) 20201 20212 2022 DIVERSITY, END OF PERIOD (%) 2020 2021 2022 PROPORTION OF WOMEN 100 50 Definition of executive position: Member of a management team 75 40 at company level or higher, 77 3 76 3 80 3 40 40 40 production manager and higher. 74 74 65 65 65 3 68
Slide 15: Selected new orders after December 2022
Selected new orders AFTER 31 DECEMBER 2022 • A contract was signed with Riksbyggen for the construction of 19 apartments in Stockholm according to their Bonum concept for senior housing. The order value is SEK 64 million. • Ledamoten 2, a centrally located property in Malmö, has been acquired from S
Slide 16: Summary
Summary • Strong financial position and solid order back-log • Unpredictable and hard to analyze market • Focus on restoring strong profitability 16
Slide 17: Q&A
Q&A JONAS JÖNEHALL JESSICA GÅRDMO Chief Executive Officer Chief Financial Officer 17
Slide 18: Thank you!
Next interim report: May 4th, 2023 Thank you! 18