Itab Shop Concept Ab · OMXSTO:ITAB
Itab Shop Concept Ab — Q3 2024 Earnings Presentation
24 slides from Itab Shop Concept Ab's earnings presentation, Oct 29, 2024
Slide 1: Interim Report Q3 2024
leg | | i |= er Interim Report Q3 2024 ITAB Shop Concept AB (publ) 29 October 2024
Slide 2: Agenda
Agenda > Introduction to ITAB Group > Retail in Transformation > Intended acquisition of HMY > Interim Report Q3 2024 > Questions & Answers ITAB | 2 Copytigh®
Slide 3: Introduction to ITAB Group
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Slide 4: ITAB at a glance in 2023
ITAB at a glance in 2023 15 production facilities in 12 countries ITAB operations in 23 countries 2,533 employees 1@ Financial Year 2023. ITAB | 4 Copyright ITAB GROUP 6,139 MSEK, Net Sales 432 MSEK, Operating profit 7.0 Operating margin MAIN CUSTOMER GROUPS DIY/ Home improvement Fashion Other Custo
Slide 5: Note: Numbers refer to Financial Year 2023.
Note: Numbers refer to Financial Year 2023.
Slide 6: Retail in Transformation
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Slide 8: Changing consumer expectations drive transformation in retail
Changing consumer expectations drive transformation in retail ... ITAB » Greater choice of service online both consumer and v Y Market disruption from Continual insight from » Frictionless experiences » Changing investment customers across all » More demanding priorities regions sed va expectations
Slide 9: ITAB is well positioned to help retailers rethink retail
ITAB is well positioned to help retailers TAB rethink retail, and improve their business Desired Consumer Brand Experience wae Y Improving the physical store experience, Outcome based value proposition driving footfall and consumer retention » With a focus on a value based outcome we can deliver mea
Slide 10: Aggregation of data, supply chain
AGGREGATION CUSTOMER OF DATA ROI SUPPLY CHAIN EFFICIENCIES CONSOLIDATION OPPORTUNITIES CUSTOMER
Slide 11: One ITAB strategy focuses on transforming ITAB into leading Solution Provider
One ITAB strategy focuses on transforming ITAB TAB into the leading Solution Provider with differentiating capabilities BEING A SOLUTION PROVIDER RE-ENGINEERED COST EXCELLENCE IN STRUCTURE ECOSYSTEM OF PARTNERS EMPOWERING PEOPLE & COMMON WAYS OF WORKING (TAB | 11 Cooytioh®
Slide 12: Strategy execution update and our focus going forward
Strategy execution update and our focus going forward ITAB | 12 Cooytioh® STABILISE BUILD & INVEST Cost & capital Solution provider restructuring capabilities Sourcing volume consolidation SG&A reduction Development of Value proposition Roll out of new Goto-Market Manufacturing footprint model with
Slide 13: Rethink Retail. Together.
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Slide 14: Intended acquisition of HMY
Slide 15: The intended acquisition of HMY combines two market leaders
The intended acquisition of HMY combines two market leaders ITAB and HMY are leading players in a large and highly fragmented market. The total addressable European IWANB) market is estimated at ~10 BEUR', which gives continued growth opportunity also for the combined business. Top 12 European playe
Slide 16: Intended acquisition of HMY is strategically and financially attractive
The intended acquisition of HMY is a strategically and financially attractive opportunity for ITAB Strategic rationale in brief > (TAB | 16 Copyright® Geographically complementary to ITAB, given HMY’s strength in Spain, France, Middle East and South America HMY and ITAB together offers strengthened
Slide 17: Interim Report Q3 2024
Interim Report Q3 2024 January 1*-September 30'
Slide 18: Adjusted EBIT and net sales
6.9 Δ Δ 6.1 6.1 5.3 8.5% 7.0% 6.3% 6.4% 6.0% 4.0% 2019 2020 2021 2022 2023 RTM Q3 2024 Adjusted EBIT Net sales
Slide 19: Net sales by customer group
► Grocery ► DIY Fashion Other ► ► Grocery DIY Fashion Other
Slide 20: Quarterly development
► ► ► 22Q1 107 80 22Q2 22Q3 164 92 22Q4 70 23Q1 91 23Q2 23Q3 129 23Q4 142 24Q1 -39 161 24Q2 150 90 90 24Q3
Slide 21: Cash flow and net debt development
► -226 469 903 882 ► 810 810 746 376 677 593 542 213 229 160 136 ► 77 -19 64 ► -172 -326 -4 -8 -59 22Q1 22Q2 22Q3 22Q4 23Q1 23Q2 23Q3 23Q4 24Q1 24Q2 24Q3 MSEK RTM
Slide 22: Main takeaways from Q3 2024
Main takeaways from Q3 2024 Intended acquisition of HMY strengthens our position in key markets > Increased sales and stronger profitability for ITAB in the first nine months of the year, in which the historically strong start during the first two quarters was followed by a weaker third quarter > Th
Slide 23: Questions & Answers
Slide 24: Rethink Retail. Together.
IAG RETHINK RETAIL. TOGETHER.