Raute Oyj Class A · OMXHEX:RAUTE
Raute Oyj Class A — Q1 2010 Earnings Presentation
21 slides from Raute Oyj Class A's earnings presentation, Apr 29, 2010
Slide 1: Interim report January 1 - March 31, 2010
Interim report January 1 - March 31, 2010 April 29, 2010 Tapani Kiiski, President and CEO www.raute.com
Slide 2: Difficult market situation not over yet
Difficult market situation not over yet Operating environment: Raute: • Weak market situation of • Order intake was at a good level construction and transportation considering the market situation industries continued due to the – A mill-scale project was launched in economic recession the Asia-Paci
Slide 3: 1-3/2010 in brief
1-3/2010 in brief MEUR 1-3 2010 1-3 2009 • Order intake at a good level considering Net sales 10,4 11,4 the market situation Operating profit -1,4 -2,2 – Significant mill-scale order from the Asia- Pacific region New orders: • Order book grew by EUR 15 million • project deliveries 22 2 during the re
Slide 4: Income statement and key figures
Income statement and key figures MEUR 1-3 2010 1-3 2009 2009 Net sales 10.4 11.4 36.6 Operating profit -1.4 -2.2 -9.7 Financial income and expenses 0.0 0.1 -0.2 Profit (loss) before taxes -1.4 -2.1 -9.9 Income tax 0.4 0.2 1.7 Profit (loss) for the period -1.0 -1.9 -8.1 Earnings per share, EUR -0.24
Slide 5: Balance sheet
Balance sheet MEUR 31.3.2010 31.3.2009 31.12.2009 Intangible 1.7 2.4 1.8 Tangible 8.8 11.1 10.3 Other non-current assets 3.6 0.6 3.2 Inventories 4.8 4.2 4.3 Receivables 11.5 16.8 9.8 Cash 30.4 21.8 27.9 Long-term liabilities 1.6 0 0 Assets 62.4 56.9 57.4 Equity 22.1 32.3 23.1 Non-current liabilities
Slide 6: New orders
New orders MEUR Q1 Q2 Q3 Q4 140 120 100 80 60 40 20 0 2006 2007 2008 2009 1-3 2010 6 www.raute.com
Slide 7: Order book
Order book MEUR Q1 Q2 Q3 Q4 90 80 70 60 50 40 30 20 10 0 2006 2007 2008 2009 1-3 2010 7 www.raute.com
Slide 8: Net sales
Net sales MEUR Q1 Q2 Q3 Q4 120 100 80 60 40 20 0 2006 2007 2008 2009 1-3 2010 8 www.raute.com
Slide 9: Net sales by market area, %
Net sales by market area, % 1-3 2010 1-3 2009 Asia- Asia- Europe Pasific Pasific 21% 10% South 7% South Europe America 58% America 7% 7% North America 6% North America 20% Russia 19% Russia 45% 9 www.raute.com
Slide 10: 1-3 2010 by market area
1-3 2010 by market area New orders Net sales South South Europe America Europe America 2% 7% 21% 3% Russia 12% Asia-Pacific 7% North America 16% tähän uudet North America luvut 20% Asia-Pacific 67% Russia 45% 10 www.raute.com
Slide 11: Operating profit
Operating profit MEUR 1-3 1-6 1-9 1-12 10,0 5,0 0,0 2006 2007 2008 2009 1-3 2010 -5,0 -10,0 -15,0 11 www.raute.com
Slide 12: Earnings per share
Earnings per share EUR Earnings per share Dividend 2,00 1,50 1,00 0,50 0,00 -0,50 -1,00 -1,50 -2,00 -2,50 2006 2007 2008 2009 1-3 2010 12 www.raute.com
Slide 13: Operating cash flow
Operating cash flow MEUR 1-3 1-6 1-9 1-12 20,0 15,0 10,0 5,0 0,0 2006 2007 2008 2009 1-3 2010 -5,0 -10,0 -15,0 -20,0 13 www.raute.com
Slide 14: Investing in the future
Investing in the future MEUR Capital expenditure R&D capital expenditure R&D costs Capital expenditure of net sales, % R&D expenditure of net sales, % 8,0 8% 7,0 7% 6,0 6% 5,0 5% 4,0 4% 3,0 3% 2,0 2% 1,0 1% 0,0 0% 2006 2007 2008 2009 1-3 2009 1-3 2010 14 www.raute.com
Slide 15: Return on investment (ROI) Return on equity (ROE)
Return on investment (ROI) Return on equity (ROE) 1-12 ROI 1-3 ROI 1-12 ROE 1-3 ROE 40 % 30 % 20 % 10 % 0% -10 % -20 % -30 % -40 % 2006 2007 2008 2009 31.3.2010 15 www.raute.com
Slide 16: Equity ratio and gearing
Equity ratio and gearing Equity ratio Gearing 80 % 60 % 40 % 20 % 0% -20 % -40 % -60 % -80 % 2006 2007 2008 2009 31.3.2010 16 www.raute.com
Slide 17: Personnel
Personnel Personnel, average Effective, average 700 600 500 400 300 200 100 0 2006 2007 2008 2009 31.3.2010 17 www.raute.com
Slide 18: Shareholders
Shareholders Number of shareholders Ownership, March 31, 2010 2000 Administratively registered Foreign 2% 1800 2% Institutions 5% 1600 Companies 6% 1400 Management 5% 1200 1000 800 600 400 Households 200 80% 0 2006 2007 2008 2009 31.3.2010 18 www.raute.com
Slide 19: Market value
Market value Market value, MEUR Market capitalization, EUR Closing price 31.12. Average price 70 16,0 14,35 57,5 14,0 60 12,85 51,5 12,0 50 10,0 31,9 40 7,47 7,97 29,9 8,0 25,6 30 6,40 6,0 20 4,0 10 2,0 0 0,0 2006 2007 2008 2009 31.3.2010 2006 2007 2008 2009 31.3.2010 Series K shares appreciated to
Slide 20: Outlook for 2010
Outlook for 2010 Business environment: Raute: • Uncertainty in the development of • Order book strengthened the global economy and financial • Market situation still uncertain markets continues – Global economic situation and the uncertain • The market situation of the customer market situation of t
Slide 21: Contact information
Contact information Tapani Kiiski President and CEO +358 400 814 148 tapani.kiiski@raute.com Arja Hakala CFO +358 400 710 387 arja.hakala@raute.com www.raute.com