Swedencare Ab · OMXSTO:SECARE
Swedencare Ab — Q1 2023 Earnings Presentation
11 slides from Swedencare Ab's earnings presentation, Apr 28, 2023
Slide 1: Q1 Interim Report January - March 2023 Presentation
Q1 INTERIM REPORT January - March 2023 Presentation CEO Håkan Lagerberg CFO Jenny Graflind
Slide 2: Q1 2023 Highlights
Q1 2023 Highlights Double-digit organic growth and half a billion in revenue Sales record both Quarter and Month – inventory trimming starting to fade out & export markets are picking up Organic growth 10% Lower margins and strong cash flow New external and internal co-op projects starts to deliver
Slide 3: ESG 2023
ESG 2023 Sustainability policy: Principles, Guidance and values for both employees, group companies and external partners. Updated Code of conduct for employees. New code of conduct for suppliers. Our sustainability work is based on the UN's global goals, which is why we have contributed through a d
Slide 4: Net Sales and Operational EBITDA (MSEK)
Operational Net sales (MSEK) EBITDA (MSEK) 600 110 500 105 39% 400 % 13 100 300 20,5% 95 200 100 90 25,1% 0 85 Q1 2022 Q1 2023 Q1 2022 Q1 2023
Slide 5: Key Performance Indicators Q1 2023
Key Performance Indicators Q1 2023
Slide 6: Net Sales by region (MSEK) - North America
Net Sales by region (MSEK) • Solid quarter, with on-line being the star, other North America – 81% of total revenue channels and retailers picking up month by month, expect a strong year • Vetio South – solid action plan +30% sales comp Q4 2022. Low profitability but will improve coming Qs due to pr
Slide 7: Net Sales by region (MSEK) - Europe
Net Sales by region (MSEK) • Quarterly growth Europe – 16% of total revenue • Sales still affected negatively by inventory trimming from Nutravet’s largest customer, last quarter. • Fastest growers, Swedencare UK over 50% and Nordics. Southern Europe low single digit growth or flat except Innovet It
Slide 8: Net Sales by region (MSEK) - Rest of the World
Net Sales by region (MSEK • Very strong Quarterly growth primarily with Rest of the World – 3% of total revenue ProDen PlaqueOff® but several other brands are launching on new markets; Nutravet, new partners in Israel and Thailand • South Korea, China, Japan, Australia, South America (Brazil, Chile
Slide 9: Rolling 4 Quarters
Rolling 4 Quarters Qi Q2. Qs Qa @3 04 ai Q2 @ a4 ai 2020 2021 2022 2023 HE Net revenue MM EBITDA [MINE Operational EBITDA #8 SWEDENCARE
Slide 10: Priorities 2023/2024
Priorities 2023/2024 Growth and profitability and lowering debt level Deliver on strong pipeline Continued move from external to internal Product launches and development Solidifying relationships with major customers Co-op and M&A opportunities
Slide 11: Thank You for participating! Q&A
Thank You for participating! Q&A