Slide 1: Q1 2022 - Strong demand continued under demanding circumstances
Q1 2022 - Strong demand continued under demanding circumstances PETTERI JOKITALO, CEO 22 APRIL 2022
Slide 2: Highlights for Q1 2022
Highlights for Q1 2022 • The turnover was at the record high level Q1 Q12022 2022 • Robust demand in parcel locker solutions, elevators, reverse 196.6M€ 196.6 M€/ /20.4 20.4% % vending machines for collecting drinking containers, lithium Turnover/ Change y/y Turnover battery solutions, and indoor ai
Slide 3: Customer Segments
Customer Segments Q1 2022 Change, Q1 2022, Change, y/y, M€ y/y, % Growth drivers spot*, M€ spot*, % Advanced Consumer Applications 55.0 28.3 Elevator products and handover automation 5.3 15.8 Automation & Safety 42.6 23.4 2.2 17.0 Connectivity 10.8 33.7 Wireless office solutions 0.2 30.8 Energy & Cl
Slide 4: Key Figures
Key Figures Q1 2022 Q1 2021 Change,% 2021 Turnover, EUR million 196.6 163.3 20.4 695.7 Operating Profit, EUR million 10.3 10.0 3.6 39.6 Operating Profit, % 5.3 6.1 5.7 Earnings per Share, EUR 0.12 0.12 0.46 Return on Equity, % 15.2 16.3 15.2 Equity Ratio, % 45.4 52.1 45.3 Net Gearing, % 36.9 5.9 28.
Slide 5: Balance sheet: Stable financial position
Balance sheet: Stable financial position MEUR • Cash and cash equivalents totaled EUR 8.0 (28.7) million Inventories 210,0 213,9 Equity • Equity ratio 45.4% (52.1%) and net Goodwill Interest bearing debt gearing 36.9% (5.9%) 12,5 8,1 Other intangible 8,0 • Inventories EUR 210.0 (117.9) million, up a
Slide 6: Turnover Q1 2019 – Q1 2022
Turnover Q1 2019 – Q1 2022 MEUR 200 191,7 196,6 172.9 167,8 163.3 152.3 154.7 155.6 154.1 150 142.6 144.1 141.6 129.9 100 50 0 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 6
Slide 7: Turnover Q1 2019 – Q1 2022
Turnover Q1 2019 – Q1 2022 MEUR 154.1* Spot purchases and 17 special freights 14,4 11,7 5,4 200 191,7 196,6 172.9 167,8 163.3 177.5* 179.6* 152.3 154.7 155.6 154.1 142.6 144.1 141.6 167.5* 150 156.1* 129.9 100 50 0 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 * Exclu
Slide 8: Operating Profit Q1 2019 – Q1 2022
Operating Profit Q1 2019 – Q1 2022 MEUR % 15 12,1 10 10,4 10,6 10,3 10,0 10,2 9,9 10,0 10,2 9,5 7.9% 7.2% 8,6 7.0% 6.8% 6.5% 6.5% 6 6.1% 6,1 5,7 5.3% 6,4 5,3 5,3 5 6,8 0 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Adjusted operating profit, MEUR Operating profit, ad
Slide 9: Growing Dividend and Pay-Out Ratio
Growing Dividend and Pay-Out Ratio • Dividend increased for the 9th consecutive year and dividend of EUR 0.19 will be paid on 2 May • Dividend policy aims to distribute approximately 1/3 of the earnings per share as dividend CAGR 18.9% 0,20 0,19 120% 0,18 0,17 100% 0,16 0,15 0,14 0,13 80% 0,12 0,11
Slide 10: Outlook and focus in 2022
Outlook and focus in 2022 Scanfil estimates that its turnover for 2022 will be EUR 750–820 (22 Feb: 710–760) million and its adjusted operating profit will be EUR 43–48 (unchanged) million. The outlook involves uncertainty especially arising from the availability and price level of semiconductors an
Slide 11: Long-term targets
Long-term targets • Annual organic growth of 5-7% • Operating profit level at 7% • Dividend approximately 1/3 of the annual earnings per share To ensure our growth, we have acquired more production space at our Atlanta and Wutha factories, and started to plan expansion options at our Suzhou factory.
Slide 12: Q&A
SCANFIL Q&A
Slide 13: Contact information and analysts
Inderes Oy Antti Viljakainen +358 44 591 2216 antti.viljakainen(at)inderes.fi Evli Pankki Oyj Joonas Ilvonen Contact information +358 44 430 9071 joonas.ilvonen(at)evli.com and analysts OP Financial Group Henri Parkkinen +358 10 252 4409 PETTERI JOKITALO, CEO henri.parkkinen(at)op.fi +358 44 7882400
Slide 14: Disclaimer
Disclaimer Not to be published or distributed, directly or indirectly, in any country where its distribution or publication is unlawful. Forward looking statements: certain statements in this presentation may constitute "forward-looking" statements which involve known and unknown risks, uncertaintie
Slide 15: Global contract manufacturer and systems supplier
Global contract manufacturer and systems supplier