Loomis Ab · OMXSTO:LOOMIS
Loomis Ab — Investor Day (November 2012)
11 slides from Loomis Ab's investor day presentation, Nov 14, 2012
Slide 1: Capital Markets Day: Solid performance in a turbulent environment
Capital Markets Day London, November 14th, 2012 Solid performance in a turbulent environment Anders Haker, CFO
Slide 2: Continuously improving margins
Continuously improving margins 12% 10% 8% 6% 4% 2% 0% 08 09 10 11 12 08 09 10 11 12 08 09 10 11 12 08 09 10 11 12 Q1 Q2 Q3 Q4 2 72
Slide 3: On track to achieve our 2014 financial goals
On track to achieve our 2014 financial goals Annual operating profit margin (EBITA) EBITA 10% by 2014 Cash Operating Cashflow/EBITA > 85% conversion Net Net Debt/EBITDA not exceeding 2.5 Debt/EBITDA Currently at 1.4 3 73
Slide 4: Highlights Q3 2012
Highlights Q3 2012 • Operating margin 9.8 per cent (9.5) • Operating result including costs for lost legal dispute in Denmark • Increased number of performing branches • Significant contracts signed in Sweden and France • Strong operating cash flow 4 74
Slide 5: Strong positive earnings
Strong positive earnings Statement of income 2012 2011 2012 2011 MSEK Jul-Sep Jul-Sep Jan-Sep Jan-Sep Revenue 2,788 2,882 8,507 8,092 Real growth, % 0 9 4 6 Organic growth, % -2 1 0 1 Operating income (EBITA) 272 273 709 646 Operating margin, % 9.8 9.5 8.3 8.0 Amortization -8 -6 -21 -15 Acquisition
Slide 6: Earnings affected by seasonality
Earnings affected by seasonality 12% 10,3% 10% 8,7% 8% 6% 4% 2% 0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2009 2010 2011 2012 Adj. Quarters Rolling 12 6 76
Slide 7: Tight control of cash flow supports acquisitions and dividends
Tight control of cash flow supports acquisitions and dividends Cash flow key figures 2012 2011 2012 2011 Jul-Sep Jul-Sep Jan-Sep Jan-Sep Days of Sales Outstanding (DSO) 38 38 38 38 CAPEX / depreciation ratio 1.2 1.2 1.0 1.1 Operating cash conversion, % 133 102 77 72 7 77
Slide 8: Increasing high value business in US
Increasing high value business in US 100% 17% 19% 21% 22% 24% 80% 60% 40% 83% 81% 79% 78% 76% 20% 0% 2008 2009 2010 2011 2012 CIT CMS Comprehensive solutions development as per September 2012 YTD 8 78
Slide 9: Branch efficiency – key success factor
Branch efficiency – key success factor 100% 90% 23% 22% 26% 24% 28% 26% 26% 24% 30% 30% 80% 70% 60% 50% 40% 77% 78% 74% 76% 72% 74% 74% 76% 70% 70% 30% 20% 10% 0% Q3-08 Q3-09 Q3-10 Q3-11 Q3-12 YTD-08 YTD-09 YTD-10 YTD-11 YTD-12 Performing Non-performing 9 79
Slide 10: On track to achieve our 2014 financial goals
On track to achieve our 2014 financial goals % 12 Annual operating profit margin (EBITA) 8 EBITA 4 10% by 2014 6,6 7,0 8,0 8,3 8,6 0 2008 2009 2010 2011 2012 R12 % 150 Cash Operating Cashflow/EBITA > 85% 100 conversion 50 59 94 106 77 80 0 2008 2009 2010 2011 2012 R12 2,5 2 Net Net Debt/EBITDA not e
Slide 11: LOOMIS
N LOOMIS Managing cash in society.