Slide 1: Troax Group AB Third Quarter 2023 Presentation
THIS IS TROAX TROAX GROUP AB (publ) THIRD QUARTER 2023 PRESENTATION OCTOBER 24, 2023
Slide 2: Safe and Sound on Solid Ground
SAFE AND SOUND ON SOLID GROUND
Slide 3: Product Segments: Machine Guarding
THIS IS TROAX PRODUCT SEGMENTS MACHINE GUARDING Maximum safety 10% 30 % 60 %
Slide 4: Product Segments: Warehouse Partitioning
THIS IS TROAX PRODUCT SEGMENTS WAREHOUSE PARTITIONING Safe handling 10% 30% 60%
Slide 5: Product Segments: Property Protection
THIS IS TROAX PRODUCT SEGMENTS PROPERTY PROTECTION Storage solutions 10% 30% 60%
Slide 6: Automated Warehouse
THIS IS TROAX AUTOMATED WAREHOUSE Safety on all levels
Slide 7: The Year in Brief: Sales per Region and Business Area
SALES PER REGION THIS IS TROAX 2022 (2021) New Markets 6% (6%) UK 11% (12%) THE YEAR SALES PER BUSINESS AREA IN BRIEF North America 17% (20%) Mainland Europe 53% (50%) 2022 (2021) Property Protection 10% (10%) Nordics 13% (12%) 2022 EUR MILLION 2022 YEAR ON Warehouse Partitioning YEAR CHANGE 30% (30
Slide 8: The Year in Brief
THIS IS TROAX 300,0 21,9% 22,3% 284,1 19,8% 23,0% THE YEAR 20,1% 20,7% 20,8% 250,0 17,8% 19,2% 21,0% 18,1% 252,3 19,0% 18,0% IN BRIEF 200,0 14,3% 168,0 17,0% 163,6 161,0 152,1 15,0% 150,0 115,8 103,7 13,0% 91,2 100,0 11,0% 71,7 70,1 9,0% 50,0 7,0% • Troax is the global market leader of indoor perime
Slide 9: Financial Targets
THIS IS TROAX Actuals Financial targets 2023 YTD FINANCIAL TARGETS Sales growth “Troax’ objective is to exceed the growth in the Company’s current markets through organic growth, >Market growth Organic: -5% as well as selective acquisitions” Sales growth “Troax’ target is to have an operating margin
Slide 10: Summary Q3 2023
THIS IS TROAX • Q3 was characterized by a continuation of the lower market activity especially from automated warehouse customers, started in Q2 2022, however we note that the figures are starting to stabilize, which means that the core business is increasing compared to previous quarters. SUMMARY •
Slide 11: Financial Highlights, Group
THIS IS TROAX FINANCIAL HIGHLIGHTS, GROUP 3 Months 3 Months 9 Months 9 Months 12 Months 12 Months 12 Months Jul-Sep Jul-Sep Jan-Sep Jan-Sep Jan-Dec Jan-Dec Okt-Sep MEUR 2023 2022 2023 2022 2022 2021 2022/2023 Order intake 62,3 62,0 197,6 209,1 272,7 275,8 261,2 Sales 61,4 71,3 197,7 218,8 284,1 252,
Slide 12: Regional Development Order Intake and Sales
THIS IS TROAX REGIONAL DEVELOPMENT ORDER INTAKE 3 Months 3 Months 9 Months 9 Months 12 Months 12 Months 12 Months AND SALES Order intake MEUR Continental Europe Jul-Sep 2023 31,7 Jul-Sep 2022 31,7 Diff 0% Jan-Sep 2023 100,0 Jan-Sep 2022 105,1 Diff -5% Jan-Dec 2022 135,1 Jan-Dec 2021 136,6 Diff -1% O
Slide 13: Conclusion
THIS IS TROAX CONCLUSION • We have continued to receive several important orders in the quarter in all segments. This refers this quarter mainly to customers within Machine Guarding. • Continued positive development in result reflecting both improved sales gross margins and unfortunately lower utili
Slide 14: Growth Factors
THIS IS TROAX GROWTH FACTORS • Increased industrial automation • On-shoring of manufacturing • Growth in e-commerce • Safety awareness • Stricter regulation • Residential construction and safe storage
Slide 15: Our Production Units
THIS IS TROAX OUR PRODUCTION UNITS Hillerstorp, Birmingham, Shanghai, Bulciago, Chicago, Sroda, SWEDEN UK CHINA ITALY USA POLAND Production of the entire Partitions for offices and Mesh panels and machine Modular protection Metal mesh panel solutions Production of shelves, range of panels. industry,
Slide 16: Troax Group: Working Together for a Safer World
THIS IS TROAX TROAX GROUP Working together for a safer world
Slide 17: This is Troax
THIS IS TROAX
Slide 18: For a Safer Tomorrow
THIS IS TROAX FOR A SAFER TOMORROW WHAT WE FOCUS ON TODAY • Climate compensating program concerning all transportations • Continuously decrease of our total energy consumption, target 2% per year • Regional manufacturing decreases transportation • Recertified ISO 14001 and ISO 9001 • Minimize use of
Slide 19: Troax Safety Center
THIS IS TROAX TROAX SAFETY CENTER Our R&D department, Troax Safety Center, is the backbone of Troax. We combine hard work and ingenuity to create the safest and most innovative products for the global market.
Slide 20: Certified by TÜV Rheinland
THIS IS TROAX CERTIFIED BY TÜV RHEINLAND
Slide 21: Protecting People, Property and Processes
THIS IS TROAX PROTECTING PEOPLE, PROPERTY AND PROCESSES
Slide 22: Troax Panel Detection
THIS IS TROAX TROAX PANEL DETECTION - AUTOMATIC MONITORING OF PANELS
Slide 23: Potential Risk
THIS IS TROAX POTENTIAL RISK -HOW CAN YOU BE SURE THAT THE MACHINE GUARD IS IN PLACE AFTER A MAINTENANCE?
Slide 24: The Highest Safety Standard
THIS IS TROAX SLEEP WELL THE HIGHEST AT NIGHT SAFETY STANDARD REDUCE RISK PATENTED AND FIRST OF ITS KIND
Slide 25: The Original Since 1955
THIS IS TROAX THE ORIGINAL SINCE 1955
Slide 26: Safety Equals Troax
SAFETY EQUALS TROAX