Slide 1: Year-end report 2024
Year-end report 2024 Steady progress through an unsteady market Audiocast live from Töcksfors, Sweden February 11th, 2025 Erik Stenfors, CEO Lars Åkerblom, CFO 1
Slide 2: Agenda
Agenda Operational highlights Financial performance Conclusions and outlook Q&A 22 HANZA Q4 2024
Slide 3: Manufacturing made easy
Manufacturing made easy Traditional Supply Chain Streamlined Supply Chain HANZA’s Manufacturing Cluster MIGTM = Manufacturing solutions for Increased Growth & earnings Assistance in hands-on optimization of the customer's supply chain 33 HANZA Q4 2024
Slide 4: Manufacturing made easy
Manufacturing made easy HANZA expands and creates customer value – in economic upturns and downturns (Right: First 16 years' sales, MSEK) Always in motion – In close customer dialogues to identify needs and drive the right evolution. Resilient demand – By the constant need for supply chain optimizat
Slide 5: Highlights H1 2024
Highlights H1 2024 Market: A downturn/significant drop in volumes Jan. EGM approved a share issue to Färna Invest AB (owned by Gerald Engström). Brought 40 MSEK, which is a part of a funding decided in Dec-23 of 300 MSEK, aimed for further activities of the “HANZA 2025” strategy, such as acquisition
Slide 6: Highlights H1 2024
Highlights H1 2024 Mar. Program “ONYX” launched to meet new operational goals. Q1: Efficiency and integration program Q2: Customer volume and factory consolidations Q3: A final program for the rest of the Group Jun. Inauguration of a new 3,700 sqm sheet metal factory in Estonia. Connection to HANZA'
Slide 7: Highlights H2 2024
Highlights H2 2024 Market: As expected, volumes stayed at the new low level Aug. MIGTM with new German customer; WISI GmbH. Creating an optimized supply chain, embracing components and manufacturing transfer from Germany to Cluster CE. Started in fall 2024, full volume approx. 10 EUR/annually. Sep.
Slide 8: Highlights H2 2024
Highlights H2 2024 Jukka Haapalainen CEO Dec. HANZA acquires Leden Group Oy, a leading Finnish New state-of-the-art sheet metal factory in Oulainen. contract manufacturer of advanced mechanics, with ~1.1 bn SEK in annual sales. Enhanced Presence Increased presence and scale, mainly in Finland, but a
Slide 9: Main sustainability activities in 2024
Main sustainability activities in 2024 Waste/sales, tons/MSEK Use/sales MWh/MSEK Carried out a DMA (double materiality analysis). A view of all the 0,26 0,23 impacts we have on the environment and people, and potentially 2022 0,21 12,4 2023 on our own financial value. The analysis provided valuable
Slide 10: Q4 Financials
Q4 Financials Sales (MSEK) 1400 4900 1200 4200 Sales Q4 & 2024 1000 3500 Net sales grew by 20% to 1,270 MSEK (1,056). 800 2800 600 2100 Sales adjusted for acquisitions and currency was down 3% compared to Q4 -23. 400 1400 Net sales 2024 amounted to 4.9 bn SEK (4.1). An increase of 17%. Organic growt
Slide 11: Q4 Financials
Q4 Financials Segment Main markets Main mark et s, operat ing profi t Net sales up 24% to 745 MSEK (605) 80 12% Sales down 4% adjusted for acquisitions and currency. 60 9% Operating profit, excluding OTC, totaled 60 MSEK (63), 40 6% corresponding to an operating margin of 8.1% (10.4) and for 20 3% co
Slide 12: Q4 Financials
Q4 Financials Cashflow (SEK million) Q4 2024 Q4 2023 2024 2023 All time high cashflow from operations, 289 MSEK (97). Mainly due to a decrease in working capital. Equity 1,480 1 345 1,480 1 345 Capex Reduced in Q4 to 54 MSEK (68), of which 35 MSEK (33) is investments in Equity/Asset ratio 41% 46% 41
Slide 13: Some shareholding updates
Ownership structure as of 31.12.2024 % Färna Invest AB 22.86 Clearstream Bankings S.A 9.09 Francesco Franzé 5.48 Some shareholding updates Håkan Halén 5.40 The First and Third AP Funds continues to increase their ownership and now together Första AP-fonden 4.67 holds 7,4% CEO Erik Stenfors has incre
Slide 14: Leden acquisition - Financial impact
Leden acquisition - Financial impact P&L Sales development 2009-2024 (MSEK) HANZA Group pro forma sales 2024 is approx. SEK 6 bn. Leden operating margin is approx. 7% The acquisition is expected to increase earnings per share. Balance sheet Due to the reduced net debt in Q4, the net debt/EBITDA rati
Slide 15: Conclusions and Outlook
Conclusions and Outlook National Institute of Economic Research's Economic Tendency Survey Market Analysis A sensational deceleration at covid in 2020 A sensational rebound – hunting for components and “overbuying” Another dramatic decline, from a high level. After these fluctuations, market is star
Slide 16: Conclusions and Outlook
Conclusions and Outlook A long-term view and a structured growth model. Expanding in defined steps, with clear milestones ANNUAL SALES ca. 2 bn. ca. 3 bn. ca. 5 bn. 6.5 bn. ca. 1 bn. (SEK) "HANZA 2013" "HANZA 2017" "HANZA 2022" "HANZA 2025" HANZA 202x TBC 2009-2013 2014-2017 2018-2022 2023-2025 2026
Slide 17: Q&A
Q&A 17 HANZA Q4 2024
Slide 18: www.hanza.com
ALL YOU NEED www.hanza.com IS ONE 18 18
Slide 19: Disclaimer
Disclaimer This presentation and the information contained herein are being presented by HANZA Holding AB (publ) (the “Company”). By attending a meeting where this presentation is presented, or by reading this presentation, you agree to be bound by the following limitations and notifications. This pr