Etteplan Oyj · OMXHEX:ETTE
Etteplan Oyj — Q2 2011 Earnings Presentation
15 slides from Etteplan Oyj's earnings presentation, Aug 11, 2011
Slide 1: Q2 2011 Interim Report
Q2 2011 Interim Report August 11, 2011 Matti Hyytiäinen, CEO
Slide 2: Highlights 1-6/2011
Highlights 1-6/2011 Increased demand for design services continued. Revenue continued to grow. Operating profit was at comparison period’s level and improved compared to first quarter of the year. Profitability of operations in Sweden improved. High personnel turnover in the industry continu
Slide 3: Key figures
Key figures Change Change (EUR 1 000) 4-6/2011* 4-6/2010* from prev. 1-6/2011* 1-6/2010* from prev. 1-12/2010* year year Revenue 30,648 26,782 14.4% 60,293 51,635 16.8 % 104,786 Operating profit 1,870 1,859 0.6% 3,029 2,984 1.5 % 6,054 Operating profit, % 6.1 6.9 5.0 5.8 5.8 Profit for the period 1,
Slide 4: Outlook 2011
Outlook 2011 Current market outlook of machinery and equipment manufacturers is positive. The development of Etteplan's customers' order books influences quickly the development of Etteplan’s revenue. We expect the revenue and operating profit for year 2011 to grow compared to year 2010. Pot
Slide 5: Q2 2011 Financial information
Q2 2011 Financial information
Slide 6: Revenue
Revenue Q2/2011: EUR 30.6 million (Q2/2010: EUR 26.8 million) Revenue for year 2008 includes discontinuing operations. Revenue for years 2009 and 2010 includes continuing operations. Matti Hyytiäinen, August 11, 2011
Slide 7: Operating profit and operating profit %
Operating profit and operating profit % Q2/2011: EUR 1.9 million, 6.1% (Q2/2010: EUR 1.9 million, 6.9%) Operating profit for year 2008 includes discontinuing operations. Operating profit for years 2009 and 2010 includes continuing operations. Matti Hyytiäinen, August 11, 2011
Slide 8: Cash flow after investments
Cash flow after investments Q2/2011: EUR -0.1 million (Q2/2010: EUR 0.6 million) Matti Hyytiäinen, August 11, 2011
Slide 9: Earnings per share (EUR)
Earnings per share (EUR) Q2/2011: EUR 0.06 (Q2/2010: EUR 0.06) *) continuing operations Matti Hyytiäinen, August 11, 2011
Slide 10: Personnel, average
Personnel, average Q2/2011: 1,598 (Q2/2010: 1,502) 2000 1,895 1,763 1,765 1800 1,594 1,598 1600 1,501 1,502 1400 1200 1000 800 600 400 200 0 2006 2007 2008* 2009* 2010* Q2/2010* Q2/2011* *) continuing operations Matti Hyytiäinen, August 11, 2011
Slide 11: Major shareholders
Major shareholders Major shareholders, Number of Proportion of shares June 30, 2011 shares and votes, % 1. Mönkkönen Tapani 4,075,600 20.20 2. Ingman Group Oy Ab 3,700,000 18.34 3. Oy Fincorp Ab 2,166,598 10.74 4. Hornborg Heikki 1,088,320 5.39 5. Varma Mutual Pension and 821,328 4.07 Insurance Fund
Slide 12: Income statement
Income statement (EUR 1 000) 1-6/2011* 1-6/2010* 1-12/2010* Revenue 60,293 51,635 104,786 Other operating income 163 519 1,161 Materials and services -3,899 -4,549 -9,847 Staff costs -43,317 -36,876 -73,368 Other operating expenses -9,436 -7,024 -15,185 Depreciation and amortisation -775 -721 -1,494
Slide 13: Balance sheet
Balance sheet (EUR 1 000) 30.6.2011 30.6.2010 31.12.2010 Goodwill 35,400 32,730 36,028 Other intangible assets 810 861 967 Other non-current assets 3,051 2,961 2,743 Non-current assets, total 39,261 36,552 39,738 Trade and other receivables 25,399 21,812 22,894 Current tax assets 0 21 4 Cash and cas
Slide 14: Cash flow
Cash flow (EUR 1 000) 1-6/2011 1-6/2010 1-12/2010 Operating cash flow ( A ) -860 -885 1,505 Investing cash flow ( B ) -1,490 -1,326 -2,107 Cash flow after investments (A + B) -2,350 -2,211 -602 Financing cash flow ( C ) -1,142 -1,317 -1,653 Variation in cash (A + B + C) -3,492 -3,528 -2,255 Assets i
Slide 15: Slide 15