Scanfil Oyj · OMXHEX:SCANFL
Scanfil Oyj — Investor Day (March 2024)
87 slides from Scanfil Oyj's investor day presentation, Mar 5, 2024
Slide 1: Scanfil Capital Markets Day
Scanfil Capital Markets Day 13.00-13.05 IRO Pasi Hiedanpää: Opening and practicalities 13.05-14.05 CEO Christophe Sut: Strategy, financial targets and ESG road map 14.05-14.35 CFO Kai Valo: Financials 14.35-14.50 Break 14.50-15.30 CCO Christina Wiklund: Customer segments and organic growth 15.30-15.
Slide 2: Christophe Sut
Christophe Sut CEO (as of Septemeber 1, 2023) Christophe Sut (1973), a French and Swedish citizen. He was previously the President of Manufacturing Solution at Sandvik AB 2021–2023, Executive Vice President of Global Solutions 2016–2021 and Vice President of Business development 2014–2016 at ASSA AB
Slide 3: Scanfil plc – Geared for growth
Scanfil plc GEARED FOR GROWTH
Slide 4: Scanfil milestones of growth
Scanfil milestones of growth Industrial Telecom Merger with electronics Jorma J. Takanen represented Wecan represented Acquisition Acquisition Acquisition Turnover >900 founded Scanfil Oy 80% of the sales Electronics 75% of the sales Schaltex PartnerTech HASEC MEUR 1976 1991 2001 2002 2012 2014 2015
Slide 5: Scanfil's footprint
Scanfil’s footprint Åtvidaberg, Sweden Sievi, Finland Malmö, Sweden Pärnu, Estonia Atlanta, USA Wutha, Germany Myslowice, Poland Suzhou, China Sieradz, Poland 3% 7% 13 % Poland 9% China 38 % Estonia #1 45 % Sweden 12 % Employees #2-10 Customers Finland The rest Germany 42 % The USA 16 % 15 % CONFIDE
Slide 6: Over a decade of continuous growth
Over a decade of continuous growth • Growth is driven by the M&A and organic growth CAGR 17.3% 1 000 901,6 843,8 750 695,7 579,4 595,3 563 508 529,9 500 377,3 250 214,5 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 6
Slide 7: Adjusted operating profit 2014–2023
Adjusted operating profit 2014–2023 MEUR CAGR 16,0 % 70 8,0 % 7,6 % 60 7,0 % 6,7 % 6,8 % 6,8 % 6,6 % 5,9 % 6,0 % 50 5,8 % 5,4 % 5,2 % 5,0 % 40 4,4 % 4,0 % 30 3,0 % 20 2,0 % 10 1,0 % 16,2 19,6 22,3 31,3 37,8 35,3 39,1 40,3 45,4 61,3 0 0,0 % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Operating
Slide 8: Increasing dividend
Increasing dividend • Dividend increased already 11 years in a row • Scanfil aims to distribute about 1/3 of the earnings per share CAGR 14.1% 0,25 0,23 0,21 0,20 0,19 0,17 0,15 0,15 0,13 0,11 0,10 0,09 0,08 0,07 0,05 0,00 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Pay-Out Ratio % 33% 53% n/a
Slide 9: Global EMS market trends
Global EMS market trends EUR bn Global EMS market 800 700 • The Global EMS market was valued at $524.22B in 2022 600 500 • The EMS market is expected to reach $769.8B by 2028, 400 growing at a CAGR of 5.79% during 2023-2028 300 • The market is driven by various factors, including the 200 increasing
Slide 10: Global EMS market trends – segments/verticals
Global EMS market trends – segments/verticals • Industrial, Medtech & Life Science, Energy & Cleantech amounted to 27.1% of the global EMS market in 2022 • Automotive Electronics and rising demand for Medical Electronics highlighted as segments with very high potential Source: GLOBAL ELECTRONICS MAN
Slide 11: Growth and EBIT 10 years – Competition analysis
Growth and EBIT 10 years – Competition analysis 16,0 % 14,0 % 12,0 % 10,0 % EBIT-% average 8,0 % 6,0 % 4,0 % 2,0 % 0,0 % 0,0 % 5,0 % 10,0 % 15,0 % 20,0 % 25,0 % 30,0 % 35,0 % 40,0 % Revenue CAGR © Scanfil Oyj 5 March 2024 11
Slide 12: Geared for growth
Geared for growth SCANFIL
Slide 13: Vision Mission
Vision Mission CONFIDENTIAL 5-Mar-24 13
Slide 14: Geared for growth 2024−2028
Geared for growth 2024−2028 Scanfil Way Growth Efficiency Segment Geographical Offering Acqusitions Dream Productivity Supply chain focus expansion factory excellence Strategic Enablers Risk Financing Sustainability IT / Data Investor relation management Culture and People CONFIDENTIAL 5-Mar-24 14
Slide 15: Geared for growth 2024−2028
Geared for growth 2024−2028 Growth Efficiency Segment Geographical Offering Acqusitions Dream Productivity Supply chain focus expansion factory excellence CONFIDENTIAL 5-Mar-24 15
Slide 16: Scanfil positioning – What we do
Scanfil positioning – What we do Low to mid High Mix Industrial PCBAs Box build System volume clients integration Manufacturing Medtech & Life Science Clients leaders in their connect services and Energy & Cleantech field or with high areas in focus potential to grow CONFIDENTIAL 5-Mar-24 16
Slide 17: Clear customer segment focus to drive organic growth
Clear customer segment focus to drive organic growth CONFIDENTIAL 5-Mar-24 17
Slide 18: Segment growth (3Y CAGR)
3Y CAGR: 20.4% 90 80 70 60 3Y CAGR: 6.4% 50 40 30 20 140 10 120 Energy & Cleantech 0 100 80 3Y CAGR: 17.6% 60 40 45 20 40 Industrial 0 35 30 25 20 15 10 5 Medtech & 0 Life Science Turnover figures are excluding spot market purchases
Slide 19: New customer segmentation and growth
New customer segmentation and growth Customer focus • Electronics at the heart of business • Industrial and B2B customers • International customers with Industrial Energy & Cleantech Medtech & Life Science good growth prospects • Customers which can benefit • The foundation of Scanfil • “The greenes
Slide 20: Geographical and capacity expansion
Geographical and capacity expansion Åtvidaberg, Sweden Sievi, Finland Malmö, Sweden Pärnu, Estonia Atlanta, USA Wutha, Germany Myslowice, Poland Suzhou, China Sieradz, Poland CONFIDENTIAL 5-Mar-24 20
Slide 21: Factories prepared for future growth
Factories prepared for future growth Myslowice Wutha Malmö Atlanta Sieradz Warehouse and distribution Electronics manufacturing Electronics manufacturing Electronics manufacturing Expension electronics center and new space and new space and new space manufacturing capabilities x1.1 x1.5 x1.5 >x2 >x2
Slide 22: Development services drive customer stickiness
Development services drive customer stickiness Product Development Cost Optimization Test Development • Development of products or sub- • Optimization of the product cost and • Development of production test modules value (VA/VE) through design solutions based on Scanfil • Fast and seamless time-to-
Slide 23: M&A to complement our growth journey
M&A to complement our growth journey Company Profile • Revenue range of 100 M€ Continuous M&A • Quality asset accreditive to EPS Several small to medium • High mix medium low volume - Med tech Energy size cases with systematic approach clean tech Indus Defense • Markets : (Central Europe – America –
Slide 24: Geared for growth 2024−2028
Geared for growth 2024−2028 Growth Efficiency Segment Geographical Offering Acqusitions Dream Productivity Supply chain focus expansion factory excellence CONFIDENTIAL 5-Mar-24 24
Slide 25: Global supply chain vision and targets 2028
Global supply chain vision and targets 2028 Next Level Category Management • Maximized cost savings & buying power • Supplier Consolidations Controlled • Relationship Management Corporate risks • Harmonized ways of working • Supplier Agreement coverage • Optimize group NWC ITO 6 • Payment terms ToP
Slide 26: From Smart Factory to Dream Factory
From Smart Factory to Dream Factory Skills and Mindset Operational Excellence Factory Flow Automation Digitalization Smart Factory program 2019-2023 has built Dream Factory program will an advanced technology foundation in • Continue further digitalization and digitalization and automation automatio
Slide 27: Geared for growth 2024−2028
Geared for growth 2024−2028 Scanfil Way Growth Efficiency Segment Geographical Offering Acqusitions Dream Productivity Supply chain focus expansion factory excellence Strategic Enablers Risk Financing Sustainability IT / Data Investor relation management Culture and People CONFIDENTIAL 5-Mar-24 27
Slide 28: Values
Values CONFIDENTIAL 5-Mar-24 28
Slide 29: Speeding up sustainability
Speeding up sustainability Highlights • We are committed to short-term (2030) SBTi and long-term SBTi “Net Zero” (2050) • •
Slide 30: Long-term financial targets
Long-term financial targets TURNOVER PROFITABILITY DEBT DIVIDEND Dividend Growth 10%* EBIT 7% to 8%** Net Debt Ebitda 1.5** 1/3 of EPS** * Target over a business cycle to be considered as long term average CONFIDENTIAL 5-Mar-24 30 ** Target are established over a business cycle
Slide 31: Key takeaways
Key takeaways • Global factory footprint • Excellent and well-diversified customer portfolio • Strong financial history with lucrative dividend policy • Growing EMS market with good opportunities • New segmentation to drive growth • Efficiency through Supply Chain managment and Dream Factory • M&A o
Slide 32: Kai Valo
Kai Valo Chief Financial Officer Kai Valo (1965) is responsible for finance, accounting and risk management. Group’s Chief Financial Officer. During 2015–2016 Kai was the CFO at Norpe Group. Prior to that he was at Lite-On Mobile Group Director of Finance and Control in Beijing, China 2009–2015. Bef
Slide 33: Geared for growth 2024−2028
Geared for growth 2024−2028 Growth Efficiency Segment Geographical Offering Acquisitions Dream Productivity Supply chain focus expansion factory excellence Financing CONFIDENTIAL 5-Mar-24 33
Slide 34: Investments & M&A 2014–2023
Investments & M&A 2014–2023 MEUR 60 50 40 30 20 21,9 7,5 18,5 10 45,3 12,5 5,8 10,7 9,7 10,2 8,9 5,6 4,4 0 2,3 -0,9 -13,1 -10 -20 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Investments in tangible and intangible assets Acquisitions and divestments of subsidiaries 34
Slide 35: Turnover 2014–2023
Turnover 2014–2023 CAGR MEUR 17,3 % 1000 901,6 843,8 19,4 800 80,7 695,7 32,6 600 400 200 214,5 377,3 508,0 529,9 563,0 579,4 595,3 663,1 763,1 882,2 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Turnover ex. spot Spot-market purchase 35
Slide 36: Adjusted operating profit 2014–2023
Adjusted operating profit 2014–2023 MEUR CAGR 16,0 % 70 8,0 % 7,6 % 60 7,0 % 6,7 % 6,8 % 6,8 % 6,6 % 5,9 % 6,0 % 50 5,8 % 5,4 % 5,2 % 5,0 % 40 4,4 % 4,0 % 30 3,0 % 20 2,0 % 10 1,0 % 16,2 19,6 22,3 31,3 37,8 35,3 39,1 40,3 45,4 61,3 0 0,0 % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Operating
Slide 37: Net working capital 2014–2023
Net working capital 2014–2023 MEUR 240 30,0 % 24,8 % 25,0 % 24,3 % 24,1 % 200 25,0 % 22,2 % 20,3 % 20,1 % 160 18,4 % 20,0 % 17,6 % 17,7 % 120 15,0 % 80 10,0 % 40 5,0 % 47,6 91,6 89,5 94,0 103,5 117,6 119,4 172,7 211,0 217,2 0 0,0 % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Net working capita
Slide 38: Net debt 2014–2023
Net debt 2014–2023 MEUR 100 3,00 2,57 2,50 80 2,20 2,00 60 1,50 1,36 40 1,02 1,00 0,87 1,09 0,64 0,60 0,50 20 0,30 0,00 65,6 40,0 40,7 28,2 46,2 18,1 59,9 85,6 51,7 0 -9,9 -0,50 -0,48 -20 -1,00 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Net debt Net debt / EBITDA 38
Slide 39: Strengthening balance sheet
Strengthening balance sheet 518,0 525,5 518,0 525,5 Inventories 209,0 -20,2 Equity 226,6 229,3 266,0 +39,4 Goodwill 7,7 7,7 Other intangible Assets Interest Bearing Debt 10,4 11,9 21,2 106,3 Cash and Equivalent 20,8 73,0 -33,3 173,5 +8,7 Trade and other Trade and other 164,8 liabilities receivables
Slide 40: Net cash from operating activities 2014–2023
Net cash from operating activities 2014–2023 MEUR 70 60 50 40 30 20 10 11,0 12,8 16,5 21,3 29,0 35,9 35,2 10,2 68,9 0 -12,5 -10 -20 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Net cash from operating activities 40
Slide 41: EPS and DPS
EPS and DPS 0,80 60% 0,74 53% 0,70 50% 0,60 0,57 41% 0,54 39% 40% 0,50 33% 0,45 34% 0,46 0,44 31% 0,40 29% 30% 0,40 28% 30% 0,30 0,21 0,21 0,23 20% 0,19 0,20 0,17 0,15 0,15 0,13 0,11 10% 0,08 0,09 0,10 0,07 0,00 0,00 0% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 EPS, reported DPS DPS per EPS
Slide 42: ROE 2014–2023
ROE 2014–2023 Return on equity 25% 22,2 % 21,5 % 21,1 % 19,6 % 20% 18,0 % 15,2 % 16,1 % 15% 14,0 % 10% 8,6 % 5% 0,1 % 0% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 CONFIDENTIAL 5-Mar-24 42
Slide 43: Equity ratio 2014–2023
Equity ratio 2014–2023 Equity ratio 80% 70,6 % 70% 60% 54,3 % 53,7 % 47,7 % 49,1 % 50% 45,3 % 45,3 % 40,7 % 40,7 % 40% 33,4 % 30% 20% 10% 0% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 CONFIDENTIAL 5-Mar-24 43
Slide 44: Net debt capacity
Net debt capacity Net Debt Net Debt/ EBITDA 250 1,8 1,6 200 • Through M&A to similar business 1,4 Scanfil has capacity to increase 1,2 150 net debt by EUR 150 Million +1,0 1 +EUR 150 million 0,8 100 • Net Debt / EBITDA would 0,6 temporarily increase to the level 50 of 1.7, but fast normalize back 0,
Slide 45: Growth projection 2023 to 2028
Growth projection 2023 to 2028 MEUR Turnover projection • Base case 5 % organic growth CAGR 2023-2028 1 600 1 452 CAGR 10 % 1 400 • Reaching e.g. a 10 % growth rate would require inorganic 1 200 301 growth 1 000 CAGR 5 % 800 • Scanfil net debt capacity is well sufficient to facilitate 600 inorganic
Slide 46: Key takeaways
Key takeaways • Profitable historical growth: CAGR 16-17% for revenue and operating profit • Strong balance sheet; Scanfil is a reliable business partner for customers, suppliers, financers and public authorities • Good return for the equity: Last 7 years average ROE 19% • Net debt not limiting the
Slide 47: Q&A
Q&A SCANEFIL
Slide 48: Scanfil Capital Markets Day
Scanfil Capital Markets Day 13.00-13.05 IRO Pasi Hiedanpää: opening and practicalities 13.05-14.05 CEO Christophe Sut: strategy, financial targets and ESG road map 14.05-14.35 CFO Kai Valo: financials 14.35-14.50 Break 14.50-15.30 CCO Christina Wiklund: customer segments and organic growth 15.30-15.
Slide 49: Christina Wiklund
Christina Wiklund Chief Commercial Officer Christina Wiklund (1971) is responsible for sales and marketing activities and customer relations as of January 17, 2022. Christina Wiklund comes from GE Additive, where she held the Vice President/Head of Sales EMEA position. Prior to that she has worked a
Slide 50: Geared for growth 2024−2028
Geared for growth 2024−2028 Growth Efficiency Segment Geographical Offering Acqusitions Dream Productivity Supply chain focus expansion factory excellence CONFIDENTIAL 5-Mar-24 50
Slide 51: Value proposition for profitable growth
Value proposition for profitable growth Strong capabilities positioned Operational Segment growth for further growth excellence drivers • Advanced manufacturing services • Leveraging vast experience of • Roadmap to grow in selected • Vertical integration high-mix, low-medium volume segments • Global
Slide 52: Providing value during customers' products life cycles
Providing value during customers’ products life cycles Product Product Design Industrialization Manufacturing End of life Maintenance Services services services services services Supply chain System Management Integration Supply Chain Design Repairs & Refurbish Product Development Value stream mappi
Slide 53: Development services drive customer stickiness
Development services drive customer stickiness Product Development Cost Optimization Test Development • Development of products or sub- • Optimization of the product cost and • Development of production test modules value (VA/VE) through design solutions based on Scanfil proprietary • Fast and seaml
Slide 54: Target to grow value-add services
Target to grow value-add services • Increase value-add for customer and Scanfil • Improve customer satisfaction • Establish stronger customer partnerships 2020 2021 2022 2023 2024 2025 2026 2027 2028 DDM Cost optimization Test development DDM = Design Driven Manufacturing CONFIDENTIAL 5-Mar-24 54
Slide 55: Our target clients
Our target clients Industrial, Profitable Low to Established Energy & Established Medium Younger OEMs CleanTech, Growth-Clients Volume, High with Growth Medtech & Life Leveraging Mix Potential Science Mega-Trends Focus on long-term partnerships with a well-diversified customer portfolio CONFIDENTIAL
Slide 56: Positioning for further growth
Positioning for further growth Global Account Managers Leveraging strong track- dedicated to specific customer segment leverage industry- Leading role in sustainability record and customer experiences & relations area as EMS relations coupled with strong local customer focus teams at sites CONFIDENT
Slide 57: New segmentation enhances us to focus on growth
New segmentation enhances us to focus on growth Industrial Energy & Cleantech Medtech & Life Science • The foundation of Scanfil • “The greenest energy is the energy we don’t • Demand changes are quite modest - resilient • Wide range of industrial and B2B clients use” • Mass spectrometers, analyzers
Slide 58: Industrial – our roots and solid foundation
Industrial – our roots and solid foundation Estimated global industrial EMS Elevator units market size EUR 89 bn in 2028 Parcel stations and laundry kiosks Payment solutions CAGR 6% Surveillance, safety and entrance systems 89 Consumer and communication 67 equipment Sensors and trackers Production e
Slide 59: Energy & Cleantech – geared for growth
Energy & Cleantech – geared for growth Recycling Energy saving Electrification Renewable energy Energy storage • Circular economy • “The greenest energy is • Moving away from fossil • Increasing demand for • Enabler of the • 1.4 trillion beverage the energy we don’t use” fuels by using electricity r
Slide 60: Energy & Cleantech – Leverage of customer base with leading OEMs
Energy & Cleantech – Leverage of customer base with leading OEMs Estimated Global EMS Market Size • Strong momentum with energy transformation EUR 22 bn in 2028 & sustainability driving the market 25 CAGR 7% • We have been growing fast with large solid customers & find excellent synergies for furthe
Slide 61: Medtech & Life Science – Strong position with excellent growth prospects
Medtech & Life Science – Strong position with excellent growth prospects Macro trends driving Estimated global M&LF EMS Market Our deployment of a winning growth Size EUR 84 bn in 2028 strategy 90 CAGR 8% 80 • Aging population 84 • Strategic focus on selected • Digitalization & connectivity 70 custo
Slide 62: Medtech & Life Science – Expansion of capabilities for further growth
Medtech & Life Science – Expansion of capabilities for further growth Åtvidaberg, Sweden Sievi, Finland Malmö, Sweden Pärnu, Estonia Atlanta, USA Wutha, Germany Myslowice, Poland Suzhou, China QSR Sieradz, Poland QSR • Increase of dedicated • Develop Suzhou, China, site from • Transition Sieradz, Po
Slide 63: Riku Hynninen
Riku Hynninen Chief Develoment Officer Riku Hynninen (1972) is responsible for operational performance development, combining the power of manufacturing and information technologies, people and culture, sustainability, and quality & lean management. During the years 2018 - 2021, he was leading the S
Slide 64: Geared for growth 2024−2028
Geared for growth 2024−2028 Growth Efficiency Segment Geographical Offering Acquisitions Dream Productivity Supply chain focus expansion factory excellence CONFIDENTIAL 5-Mar-24 64
Slide 65: Scanfil Dream Factory
Scanfil Dream Factory Vision: Best-in-class competitiveness Mission: Optimize factory performance and customer satisfaction in by connecting people, processes and operational excellence equipment with real-time data & AI Equipment & Process & IT & Data Automation People
Slide 66: From Smart Factory to Dream Factory
From Smart Factory to Dream Factory Skills and Mindset Operational Excellence Factory Flow Automation Digitalization Smart Factory program 2019-2023 has built Dream Factory program will an advanced technology foundation in • Continue further digitalization and digitalization and automation automatio
Slide 67: Real-time data connecting people, processes and equipment
Real-time data connecting people, processes and equipment Generic capabilities Optimized layout and flow MES process control Daily management and Analytics and AI Data visualization PCBA Assembly & Materials supply Material receiving Warehouse Integration Packing & Shipping Sheet metal manufacturing
Slide 68: Dream Factory to improve operational excellence
Dream Factory to improve operational excellence Smart Technology Digital Flow Factory Flow Workforce • Value-driven automation • AI & Data foundation • Optimize: • Multi-skilled • AI assisted and • Advanced planning and • WIP • Agile connected scheduling • Layout / Space • Upskilling and scaling: •
Slide 69: Suzhou factory: Digitalization pilot
Suzhou factory: Digitalization pilot Warehouse management Manufacturing Packing and Shipping • 100% digitalization of all warehouse • Full traceability of material, processes, • Universal packing solution to ensure processes for environment, productivity, tools, machinery, and workforce by MES produ
Slide 70: Achievements in Suzhou digitalization pilot 2020−2023
Achievements in Suzhou digitalization pilot 2020−2023 Customer NPS Return on 79 (+54 pts) Customer Quality Investment, p.a. improvement 27% Employee NPS +68% 80 Surface Mount Equipment Material scrap On-Time Delivery % Efficiency (OEE) reduction (Customer Wanted Date) +13% points -67% +21% points CO
Slide 71: Annual investment of 6 M€ in digitalization and automation 2024–2028
Annual investment of 6 M€ in digitalization and automation 2024–2028 Collaborative planning with factories... ...results in Dream Factory roadmap and execution plan for each factory CONFIDENTIAL 71
Slide 72: Targets by 2028
Targets by 2028 Productivity On-Time Delivery Improvement of Best-in-class customer >26% satisfaction in Delivery >4,5 / 5,0 Quality Inventory Best-in-class customer Inventory turnover satisfaction in Quality >6 >4,5 / 5,0 CONFIDENTIAL 5-Mar-24 72
Slide 73: Timo Sonninen
Timo Sonninen Chief Operating Officer Timo Sonninen (1966) is responsible for the factories’ operational and financial performance. He has has previously worked for Efore Oyj as Vice President, Operations, in Suzhou, China 2006–2013. Prior to that he has worked at Incap Oyj among others as Vice Pres
Slide 74: Scanfil Sieradz
SCANEFIL | Seen Scanfil Sieradg
Slide 75: Key milestones of our growth in Sieradz
FACTORY NETWORK Key milestones of our growth in Sieradz Baltic Microwaves Sp. z o.o. PartnerTech Sieradz Sp. z o.o. 1999 2001 2005 2015 2016 2017 2023 2025 500 employees 1,360 employees Building A Building B Building C Building D Building E 2,400 m2 8,000 m2 9,000 m2 18,000 m2 32,000 m2 CONFIDENTIAL
Slide 76: Sieradz, Poland
FACTORY NETWORK Sieradz, Poland Electronics Manufacturing Services: • Product design and Industrialization • Electronics manufacturing • System integration of modules and complete products • Logistics and distribution services ~1360 18,000 m2 194,000 sft Personnel Floor area Sieradz Headcount + thir
Slide 77: Our offer throughout your products life cycle
FACTORY NETWORK Sieradz capability Our offer throughout your products life cycle Scanfil Group Product Product Design Industrialization Manufacturing End of life Maintenance Services services services services services System Integration Supply Chain Design Repairs & Refurbish Product Development Va
Slide 78: Sieradz factory layout
Pallet Warehouse Automatic Warehouse area Autostore or Equivalent 968 sq m Automatic Incoming Warehouse Corridor area 599 sq m THT Smt Setup THT Prep Area 150 sq m Final THT Prep Prep Smt Lines Assembly & Integration Inspection & Set up preparation Area testing Cluster 2 397 sq m Testing THT Corrido
Slide 79: Excellent location in the Eastern Central Europe
FACTORY NETWORK Excellent location in the Eastern Central Europe Sieradz - Sweden 1-3d Sieradz - Finland 1-3d Sieradz - Germany 1-2d Sieradz - France 3d Sieradz - Italy 1-3d Sieradz - Denmark 1-2d Sieradz - China 3-7d Sieradz - USA 3-7d Dynamics: fast developing People: experienced crew & Location:
Slide 80: Expansion investment of 14,000 m²
Expansion investment of 14,000 m² Size nearly double Green factory Dream factory • Cost of EUR 20 million, only • New factory building will use • Expansion is planned according infrastructure geothermal heating and cooling to Dream Factory • Increase the m² by 14,000 • Solar panels will be used for
Slide 81: The volume growth path of Sieradz
The volume growth path of Sieradz 9% 8% • In 2023 4th shift in use 7% (24h/7d model) and 4th SMT line installed >100% 6% 5% • Expansion of 14,000 m² should be available for production as of 4% H2/2025 and investments in 3% production machinery will take place as customer demand 2% picks up 1% 0% 201
Slide 82: Customer and employee satisfaction are trending up
Customer and employee satisfaction are trending up Sieradz customer satisfaction index Employee satisfaction score 5 200 180 4 160 140 3 120 100 2 80 60 1 40 20 0 0 H1 2019 H2 2029 H1 2020 H2 2020 H1 2021 H2 2021 H1 2022 H2 2022 H1 2023 H2 2023 2016 2017 2018 2019 2020 2021 2022 2023 • We are the bi
Slide 83: Customer case: Value Analysis/Value Engineering
FACTORY NETWORK REFERENCES Customer case: Value Analysis/Value Engineering Customer Challenge • Need to decrease product costs • Lack of resources for product re-design Scanfil Solution • Multidisciplinary team to collect information and perform functional analysis • Review alternative options, calc
Slide 84: Sieradz is ideal for a customer who has a need for…
FACTORY NETWORK Sieradz is ideal for a customer who has a need for… Product industrialization PCBA volume manufacturing Box-build and/or system integration • Project Manager leading • Professional and efficient way of • Over 20 year of experience in dedicated New Product working with multifunctional
Slide 85: Key takeaways
Key takeaways Customer C: Customer A: "Good proactive "Overall customer focus approach to VAVE cost and performance saving projects and Customer D: improved vs 2022." improvement "the people involved in Customer B: suggestions" team are very good with a "Overall procurement good attitude. We still n
Slide 86: Q&A
Q&A SCANEFIL
Slide 87: Closing remarks
Closing remarks • Positive outlook for EMS market • Energy and clean tech, Medtech long term potential development • M&A to complement our growth journey • Efficiency in the core of company DNA • New long-term targets