Slide 1: Telephone conference
Telephone conference Magnus Agervald 8 May 2017
Slide 2: Growth and good earnings development
Growth and good earnings development ▪ Sales growth of +7% ▪ Reported EBITA increased from SEK 14m to SEK 102m ▪ Continued focus on earnings and development of the portfolio companies ▪ Add-on acquisitions − Bisnode, Plantasjen and Nebula ▪ Continued operational and strategic investments in the comp
Slide 3: Diversified company portfolio
Diversified company portfolio Sales breakdown by segment*, at 31 March 2017 Net sales trend* at 31 March 2017 (Local currency) Healthcare 3% % Corporate Properties 1% 40 services 2% Construction 30 Technology, 27% Media, 20 Telecom 15% 10 0 -10 Energy 16% -20 -30 Industry 19% Consumer goods/retail 1
Slide 4: Varied market situation
Varied market situation ▪ Signs of a more positive market development ▪ Varies between the companies, which are exposed to different segments and Sales breakdown by geographic market geographies ▪ Continued uncertainty in the offshore market − Growth driven by individual projects +7%* Sales growth *
Slide 5: Continued focus on long-term value creation
Continued focus on long-term value creation ▪ Intensified collaboration with the companies to further improve profitability ▪ Growth initiatives through add-on acquisitions − Plantasjen, Bisnode and Nebula ▪ Strategic and operational investments − Plantasjen and HENT − Ledil, Oase Outdoors, Speed an
Slide 6: Companies' performance Q1 2017
Companies’ performance1) Q1 2017 Ratos’s holding Sales in the portfolio 5,124 +7% The portfolio’s 102 +613% EBITA Adjusted EBITA2) in the 110 +16% portfolio 1) Comparison with corresponding period last year and for comparable units. 2) Excluding items affecting comparability. 8 May 2017 6
Slide 7: Company overview – development status
Company overview – development status GOOD DEVELOPMENT DEVIATIONS CHALLENGES Plantasjen Sales +1% Diab Sales +17% Jøtul Sales -4% EBITA neg EBITA +199% EBITA +2% Gudrun Sjödén HL Display GS-Hydro EBITA marg -0.2% (0) EBITA marg +6.4% (2.5) EBITA marg -8.4% (-7.9) Group Aibel Oase Outdoors Bisnode HE
Slide 8: Activity level in the transaction market still good
Activity level in the transaction market still good ▪ Continued high activity and challenging valuations ▪ Continued good access to bank financing ▪ Cash position SEK 3,386m ▪ Sold remaining shares of Arcus 8 May 2017 8
Slide 9: Outlook
Outlook ▪ Signs of a more positive market development, situation varies between segments and geographies − Continued weak development within offshore ▪ Focus on earnings in portfolio companies ▪ High activity in the transaction market but challenging valuations ▪ Looking for companies that fits Rato