Pricer Ab Class B · OMXSTO:PRIC_B
Pricer Ab Class B — Q1 2023 Earnings Presentation
13 slides from Pricer Ab Class B's earnings presentation, Apr 20, 2023
Slide 1: First quarter of 2023 Quarterly presentation
First quarter of 2023 Quarterly presentation 20 April 2023 1
Slide 2: Strong revenue growth and second-best order intake ever
Strong revenue growth and second-best order intake ever Magnus Larsson Susanna Zethelius President & CEO CFO 2
Slide 3: Vision
Vision Retail’s first choice in shelf edge automation and communication 3
Slide 4: Q1 2023 highlights
Q1 2023 highlights 1 Revenue increase fuelled by continued growth in established markets France, Canada, Italy and Benelux SEK 707m Second-best order intake ever Growing order intake from large retailers for their own integrated 2 stores, confirm that they have allocated budgets and that ESL is a pr
Slide 5: New framework agreements
New framework agreements FRENCH DIY CHAIN FRAMEWORK AGREEMENT PRICER TO AUTOMATE IN- FRENCH DIY CHAIN WITH BALTICS GROCERY STORE COMMUNICATION IN SELECTS PRICER’S RETAILER RIMI FOR ITALIAN BEAUTY CHAIN SOLUTION WITH A PRICER’S SOLUTION PINALLI’S STORES FRAMEWORK AGREEMENT VALUE OF UP TO SEK 90M 5
Slide 6: Market update
Market update 1 Four colour ESL is moving from interest to orders and installations across several retail segments and countries Participation at the EuroShop exhibition in February generated 2 leads, orders and gave us the opportunity to present the latest addition to the ESL family, creating massi
Slide 7: Market development
Market development ▪ Americas continue to demonstrate an increasing demand for ESL solutions, where Canada is leading APAC, MEA & CEE the way SEK 68m Americas +20% YoY ▪ Despite being more mature, continued strong SEK 242m 10% development across Europe, in particular France and +26% YoY Belgium ▪ St
Slide 8: Q1 2023 financial development
Q1 2023 financial development Second-best order intake ever… …with strong net sales growth… …and stabilising gross margins Order intake Order backlog Order intake YoY growth, % Net sales YoY Growth, % Gross profit Gross margin, % YoY growth, % SEKm SEKm SEKm 24% 28% 19% 23% -11% 7% 613 23.9% 24.5% 2
Slide 9: EBIT development
EBIT development EBIT development EBIT (SEKm) EBIT margin, % ▪ Profitability negatively impacted by gross margin development – however, a COGS reduction program has been initiated in order to improve gross 8% 4% 6% 4% -2% -1% 2% 4% margin and profitability going forward -2% ▪ Continued investment in
Slide 10: Capturing the market 2023
Capturing the market 2023 Sales and delivery Strengthening of organisation in key markets such as the US to ensure ability to grow and meet sales targets Increase agility Second R&D site deployed in APAC to add development capability and expected to be fully operational during second half Supply lea
Slide 11: Summary of Q1 2023
Summary of Q1 2023 Strong underlying market growth • We continue to see evidence of an increasing penetration and adoption of ESL solutions globally Capitalising on market development • We are capitalising on the rapidly growing market demonstrated by the strong YoY net sales growth of 23% and secon
Slide 12: PRICER
PRICER PRICER
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