Elanders Ab Class B · OMXSTO:ELAN_B
Elanders Ab Class B — Q2 2024 Earnings Presentation
18 slides from Elanders Ab Class B's earnings presentation, Jul 12, 2024
Slide 1: Quarterly Report January – June 2024
12 Juli 2024 Quarterly Report January – June 2024
Slide 2: Elanders today
Elanders today Americas Europe Asia ~20% ~65% ~15% Share of net sales Share of net sales Share of net sales ~1,000 ~5,700 ~1,300 Employees Employees Employees Group ~15 ~100 ~20 ~1.4 Locations Locations Locations Annual net sales, EUR billion >8,000 >125 Employees Locations ~20 Countries 2
Slide 3: Elanders’ customer segments
Elanders’ customer segments Our customer segments’ approximate share of total net sales* 26% 24% 19% 12% 5% 14% Fashion Electronics Automotive Industrial Health Care Other *As a percentage of rolling 12 months total net sales as of June 30, 2024 3
Slide 4: Operational highlights and financials Q2, 2024
Operational highlights and financials Q2, 2024 4
Slide 5: Second quarter 2024
Second quarter 2024 Continued challenging market ● Continued weak demand from several of Elanders' customer segments, but overall demand improved compared to the first quarter. ● Organic growth was unchanged compared to the previous year, which was a clear improvement compared to the first quarter
Slide 6: Second quarter 2024 – cash conversion
Second quarter 2024 YTD YTD Rolling FY FY FY Rolling June 2024 2024 2023 12m 2023 2022 2021 60m Operating cash flow excl. acquisitions, MSEK 1 157 1 049 2 279 2 170 1 254 1 166 8 373 EBITDA, MSEK 967 899 2 035 1 967 1 940 1 468 8 376 Cash conversion, % 120% 117% 112% 110% 65% 79% 100% Significantly
Slide 7: Supply Chain Solutions
Second quarter 2024 Supply Chain Solutions Supply Chain Solutions improved in the second quarter Key figures Q2 2024 Q2 2023 ● Organic growth was unchanged compared to the previous Net sales, SEK million 2,861 2,815 year, which was a clear improvement compared to the first quarter when it decreased
Slide 8: Print & Packaging Solutions
Second quarter 2024 Print & Packaging Solutions Stable earnings and improved demand Key figures Q2 2024 Q2 2023 ● Organic growth was unchanged compared to the previous Net sales, SEK million 673 675 year, which was a clear improvement compared to the first quarter when it decreased by 7 %. EBITA adj
Slide 9: Customer segments
Customer segments FASHION 26% Demand declined organically with roughly 12 percent which was an improvement compared to the first quarter. The recovery was in Europe, however North America remains weak. ELECTRONICS 24% Demand continues to gradually improve, organic growth in the quarter of around 6 p
Slide 10: Going forward
Going forward As expected, demand remained weak in the second quarter but improved in some of our customer segments, resulting in unchanged organic growth and improved profitability compared to the first quarter. During the second half of the year, we expect a gradual improvement, but the market
Slide 11: Questions?
Questions? u ~@ elanders GROUP
Slide 12: This is Elanders
This is Elanders HQ Gothenburg, Two business Global operations Sweden areas ~1.4 ~8,000 Annual net sales, EUR billion Number of employees 80% >125 ~2,000,000 Supply Chain Solutions NASDAQ OMX Locations, total m2 of production and warehouse space Stockholm 20% ~20 Number of countries, presence Print
Slide 13: Elanders’ business proposal
Elanders’ business proposal 1 2 3 4 5 We develop efficient With our global We have a very Our deep integration When it comes to end-to-end solutions footprint we can offer entrepreneurial into our clients sustainability we that makes life easier both local and approach to processes makes us a always
Slide 14: Balanced mix of high-growth and durable customer segments
Balanced mix of high-growth and durable customer segments CUSTOMER SEGMENTS KEY HIGHLIGHTS Customer segment Growth opportunity Cyclicality Automotive Fashion 19% 26% Fashion High Medium Electronics High Medium Automotive Medium High Industrial 12% Industrial Medium High Other Health Care High Low 14
Slide 15: Our end-to-end solution
Our end-to-end solution Diversified customer base channelled into unified processes creates opportunities for multi-sites and knowledge sharing which benefits our clients. Procurement & Inbound Services Automotive Electronics Consumers Retail Elanders’ Recipients customer segments Production & Assem
Slide 16: Elanders' growth opportunities
Elanders' growth opportunities Target group Elanders USP OMNICHANNEL / CloudX, proprietary E-COMMERCE Multi-channel sales B2B & B2C global WMS-system LIFE CYCLE Network solution with Manage a product's B2B & B2C own and external MANAGEMENT lifecycle partners OUTSOURCING Contract logistics B2B Global
Slide 17: Sustainability – timeline and goals
Sustainability – timeline and goals Goals 2023 2024 2025 2030 2040 2050 Elanders signs on to Elanders committed to Implementation of Elanders will Operations aligned with Scope 1 and scope 2 The Group will have the United Nations setting climate targets in the new EU send, at the the 1.5 degree targ
Slide 18: Elanders Group
~@ elanders GROUP