Ratos Ab Class A · OMXSTO:RATO_A
Ratos Ab Class A — Q3 2020 Earnings Presentation
11 slides from Ratos Ab Class A's earnings presentation, Oct 22, 2020
Slide 1: Ratos Q3 Presentation
Ratos Q3 Presentation 2020-10-22
Slide 2: Continued strong EBITA and cash flow development in Q3
Continued strong EBITA and cash flow development in Q3 ▪ Net sales increased organically by 1% ▪ EBITA increased to 426 MSEK (332) ▪ 9 of 12 companies showed EBITA-improvement ▪ EBITA LTM increased to 1,669 MSEK (1,041) ▪ Improved cash flow from operations ▪ 203 MSEK (-277) ▪ Improved earnings and i
Slide 3: Financial Development Ratos Group in Q3
Financial Development Ratos Group in Q3 ▪ Operating profit for the Ratos Group amounted to SEK 419m (832). ▪ Profit for the year-earlier period included a capital gain of SEK 487m from the sale of Ratos’s property. ▪ Earnings per share after dilution, adjusted for non-recurring items, amounted to SE
Slide 4: Summary of Covid-19 impact
Summary of Covid-19 impact ▪ In total minor impact from Covid-19 in the third quarter ▪ Government support amounted to approximately 24 MSEK ▪ Negative impact in Aibel and Ledil ▪ Moderate negative impact in Bisnode, Diab, HENT, HL Display and TFS ▪ Minor negative impact in airteam, Kvdbil and Speed
Slide 5: Leverage
Leverage Decrease of Net Debt / EBITDA in the third quarter Net debt / EBITDA LTM Ratos’s companies total leverage, adjusted for IFRS 16 impact, amounts to 1.4x in Q3 2020 (2.6x in Q4 2019 and 3.0x in Q3 2019) -53% 3.0x Ratos’s companies total leverage, incl IFRS 16, amounts to 2.5x in Q3 2020 (3.6x
Slide 6: Business Area: Construction & Services
Business Area: Construction & Services Q3 -3% 123 MSEK Organic sales EBITA decreased to 123 decline Q3 2020 MSEK (145) primarily due to Aibel Adjusted for Ratos share, (MSEK) Organic net sales EBITA Q3 EBITA Q3 Company (Q3 2020) 2020 2019 Aibel -6% 38 79 airteam +17% 26 19 HENT -3% 44 39 Speed Group
Slide 7: Business Area: Consumer & Technology
Business Area: Consumer & Technology Q3 +6% 160 MSEK EBITA increased to 160 Organic sales MSEK (70) driven growth Q3 2020 Plantasjen and Oase Outdoors Adjusted for Ratos share, (MSEK) Organic net sales EBITA Q3 EBITA Q3 Company (Q3 2020) 2020 2019 Bisnode -2% 76 77 Kvdbil +4% 12 10 Oase Outdoors +34
Slide 8: Business Area: Industry
Business Area: Industry Q3 +3% 143 MSEK Organic sales EBITA increased to 143 growth Q3 2020 MSEK (116) primarily driven by Diab and TFS Adjusted for Ratos share, (MSEK) Organic net sales EBITA Q3 EBITA Q3 Company (Q3 2020) 2020 2019 Diab +21% 64 54 HL Display -2% 46 39 LEDiL -22% 12 19 TFS -13% 20 4
Slide 9: Summary Q3
Summary Q3 ▪ Continued strong EBITA and cash flow development ▪ 9 of 12 companies showed EBITA-improvement ▪ 8 of 12 companies improved cash flow from operations ▪ Minor impact from Covid-19 ▪ Improved financial position ▪ Ratos companies total leverage, including parent company cash position, amoun
Slide 10: Q&A
Q&A RAT@sS
Slide 11: Financial calendar & Contact details
Financial calendar & Contact details Year end Report 2020, 11 February 2021 Helene Gustafsson, Head of IR & Press, +46 70 868 40 50, helene.gustafsson@ratos.se 11