Etteplan Oyj · OMXHEX:ETTE

Etteplan Oyj — Q3 2014 Earnings Presentation

22 slides from Etteplan Oyj's earnings presentation, Oct 29, 2014

  1. Slide 1: Etteplan Q3/2014: Revenue increased and operating profit improved

    Smart way to smart products Etteplan Q3/2014: Revenue increased and operating profit improved President and CEO Juha Näkki October 29, 2014

  2. Slide 2: Operating environment in 7-9/2014

    Smart way to smart products Operating environment in 7-9/2014  There were no significant changes in demand compared to the previous quarter.  In Europe, demand among forest industry equipment manufacturers and the energy and power transmission industry improved, while demand in other customer indu

  3. Slide 3: Highlights in 7-9/2014

    Smart way to smart products Highlights in 7-9/2014  Revenue increased by 7.3% and was EUR 29.5 million (7-9/2013: EUR 27.5 million).  Revenue increased by 9.0 per cent at comparable exchange rates.  Key accounts increased by 11.0 per cent.  Operating profit improved by 15.4% and was EUR 1.7 mill

  4. Slide 4: Revenue 1-9/2014

    Smart way to smart products Revenue 1-9/2014 Revenue by customer segment Others Muut 15 % Liftingjaand Nosto- siirtohoisting 15 % 3% (2013:3%) Mining Kaivos 14 % 5% 15 % (2013:4%) (2013:17%) Energyjaand Energia power transmission sähkönsiirto 13 % 6% (2013:9%) Forestja and Metsä paperipaper 12 % Ind

  5. Slide 5: Outlook 2014

    Smart way to smart products Outlook 2014 Market outlook  The most important factor in the development of Etteplan’s business is the development of the machinery and metal industry. Despite increased new orders from the machinery and metal industry, the market has continued to be uncertain and busin

  6. Slide 6: Revenue

    Smart way to smart products Revenue 7-9/2014: EUR 29.5 million (7-9/2013: EUR 27.5 million) 40,0 30,0 20,0 10,0 0,0 Q1/2012 Q2/2012 Q3/2012 Q4/2012 Q1/2013 Q2/2013 Q3/2013 Q4/2013 Q1/2014 Q2/2014 Q3/2014

  7. Slide 7: Operating profit (EBIT) and EBIT %

    Smart way to smart products Operating profit (EBIT) and EBIT % 7-9/2014: EUR 1.7 million, 5.9% (7-9/2013: EUR 1.5 million, 5.5%) 3 8,0 EBIT % 7,0 2,5 6,0 2 5,0 1,5 4,0 3,0 1 2,0 0,5 1,0 0 0,0 Q1/2012 Q2/2012 Q3/2012 Q4/2012 Q1/2013 Q2/2013 Q3/2013 Q4/2013 Q1/2014 Q2/2014 Q3/2014

  8. Slide 8: EBITDA and EBITDA %

    Smart way to smart products EBITDA and EBITDA % 7-9/2014: EUR 2.4 million, 8.1% (7-9/2013: EUR 2.2 million, 7.9%) 3,5 10,0 EBITDA % 9,0 3 8,0 2,5 7,0 6,0 2 5,0 1,5 4,0 1 3,0 2,0 0,5 1,0 0 0,0 Q1/2012 Q2/2012 Q3/2012 Q4/2012 Q1/2013 Q2/2013 Q3/2013 Q4/2013 Q1/2014 Q2/2014 Q3/2014

  9. Slide 9: Earnings per share (EUR) and dividends (EUR/share)

    Smart way to smart products Earnings per share (EUR) and dividends (EUR/share) Earnings per share 7-9/2014: EUR 0.06 (7-9/2013: EUR 0.05) Earnings per share 1-9/2014: EUR 0.19 (1-9/2013: EUR 0.18) 0,35 0,30 0,29 0,25 0,22 0,20 0,20 0,19 Earnings per share 0,15 0,15 Dividends 0,11 0,10 0,10 0,10 0,06

  10. Slide 10: Cash flow

    Smart way to smart products Cash flow Operating cash flow 7-9/2014: EUR -0.5 million (7-9/2013: EUR -1.5 million) Cash flow after investments 7-9/2014: EUR -0.7 million (7-9/2013: EUR -2.0 million) Operating cash flow Cash flow after investments 12,0 10,0 8,0 6,0 4,0 2,0 0,0 2010 2011 2012 2013 Q3/2

  11. Slide 11: Return on capital employed (ROCE), %

    Smart way to smart products Return on capital employed (ROCE), % 7-9/2014: 14.5% (7-9/2013: 12.9%) 30,0 20,0 10,0 0,0 Q1/2012 Q2/2012 Q3/2012 Q4/2012 Q1/2013 Q2/2013 Q3/2013 Q4/2013 Q1/2014 Q2/2014 Q3/2014

  12. Slide 12: Personnel, average

    Smart way to smart products Personnel, average 1-9/2014: 1,797 (1-9/2013: 1,736) 1900 1800 1 797 1756 1 736 1 736 1700 1625 1594 1600 1500 1400 2010 2011 2012 2013 Q3/2013 Q3/2014

  13. Slide 13: Key Figures 7-9/2014

    Smart way to smart products Key Figures 7-9/2014 (EUR 1,000) 7-9/2014 7-9/2013 Change % Revenue 29,529 27,510 7.3 EBITDA 2,404 2,170 10.8 EBITDA, % 8.1 7.9 Operating profit (EBIT) 1,749 1,515 15.4 EBIT, % 5.9 5.5 Basic earnings per share, EUR 0.06 0.05 20.0 Equity ratio, % 35.7 34.6 Operating cash f

  14. Slide 14: Key Figures 1-9/2014

    Smart way to smart products Key Figures 1-9/2014 (EUR 1,000) 1-9/2014 1-9/2013 Change % 1-12/2013 Revenue 96,548 96,209 0.4 128,647 EBITDA 7,134 7,260 -1.7 9,064 EBITDA, % 7.4 7.5 7.0 Operating profit (EBIT) 5,179 5,226 -0.9 6,366 EBIT, % 5.4 5.4 4.9 Basic earnings per share, EUR 0.19 0.18 5.6 0.22

  15. Slide 15: Income Statement

    Smart way to smart products Income Statement (EUR 1,000) 7-9/2014 7-9/2013 Change % 1-9/2014 1-9/2013 Change % 1-12/2013 Revenue 29,529 27,510 7.3 96,548 96,209 0.4 128,647 Other operating income 583 847 1,160 1,063 1,134 Materials and services -1,884 -3,113 -7,400 -8,563 -11,605 Staff costs -21,175

  16. Slide 16: Balance sheet

    Smart way to smart products Balance sheet (EUR 1,000) 30.9.2014 30.9.2013 31.12.2013 Goodwill 39,217 39,706 39,131 Other non-current assets 8,627 8,362 8,678 Non-current assets, total 47,844 48,068 47,809 Trade and other receivables 27,295 25,376 25,709 Cash and cash equivalents 1,944 1,122 975 Curr

  17. Slide 17: Cash flow

    Smart way to smart products Cash flow (EUR 1,000) 7-9/2014 7-9/2013 1-9/2014 1-9/2013 1-12/2013 Operating cash flow (A) -544 -1,468 818 -2,406 1,789 Investing cash flow (B) -192 -483 -1,955 -875 -1,634 Cash flow after investments (A+B) -736 -1,951 -1,137 -3,281 154 Financing cash flow (C) 740 870 1,

  18. Slide 18: Etteplan Oyj's financial targets and realization

    Smart way to smart products Etteplan Oyj’s financial targets and realization Target and realization in 1-9/2014 Action Growth • Average 15% annual growth • Growth in key customers  1-9/2014: 0.4% • Strong market position enables Etteplan to grow faster than the market • Acquisitions supporting grow

  19. Slide 19: Revenue and EBIT 2000 - 2014

    Smart way to smart products Revenue and EBIT 2000 - 2014 16 140 130 14 120 12 110 10 100 90 8 80 6 70 4 60 2 50 40 0 30 ‐2 20 ‐4 10 0 ‐6 2000 2001* 2002* 2003* 2004* 2005* 2006* 2007 2008 2009 2010 2011 2012 2013 1‐9/2014 Revenue EBIT *) includes continuing and discontinued operations

  20. Slide 20: Major shareholders on September 30, 2014

    Smart way to smart products Major shareholders on September 30, 2014 Name Number of Holding of shares shares, % Ingman Group Oy Ab 13 650 000 67,64 Oy Fincorp Ab 2 118 901 10,50 Varma Mutual Pension Insurance Company 821 328 4,07 Etteplan Oyj 461 791 2,29 Tuori Klaus 351 000 1,74 Tuori Aino 256 896

  21. Slide 21: IR contacts

    Smart way to smart products IR contacts • Juha Näkki President and CEO Tel. +358 10 307 2077 • Per-Anders Gådin Senior Vice President, Finance & IT Tel. +46 70 399 7929 • Outi-Maria Liedes Senior Vice President, Communications and Operational Development Tel. +358 10 307 3251

  22. Slide 22: Smart way to smart products

    Smart way to smart products ss Etteplan

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