Munters Group Ab · OMXSTO:MTRS
Munters Group Ab — Carnegie presentation 2020
16 slides from Munters Group Ab's conference presentation, Sep 10, 2020
Slide 1: Presentation at Carnegie
MUNTERS Presentation at Carnegie Klas Forsström, President and CEO and Annette Kumlien, Group Vice President and CFO 10 September, 2020
Slide 2: Agenda
Agenda Introduction Highlights second quarter 2020 Strategy 2
Slide 3: We are part of the solution to meet challenges caused by climate change
We are part of the solution to meet challenges caused by climate change Our purpose: For Customer Success and a Healthier Planet
Slide 4: Munters – unique application knowledge
Munters – unique application knowledge Market trends: Customer needs: Munters offering: • Proven energy efficient • Climate change products and solutions • Increased energy efficiency with higher • Unique application knowledge • Population growth yields, less waste, • Strong global market position,
Slide 5: On a change journey
On a change journey MSEK Net sales 8000 • Strong growth until 2019 7000 • Restructuring in 2019 and 2020 6000 5000 4000 3000 Today: 2000 1000 • ~ 3,100 employees 2015 2016 2017 2018 2019 Q2 2020, LTM • 2 business areas: AirTech & FoodTech Net sales per region, Q2 2020 • 25% (20) women in senior posi
Slide 6: Munters creates value in many industries
Munters creates value in many industries AirTech FoodTech Industry Poultry 10 10 Services 4 10 Swine Data Centers 5 41 Layer 43 Components 14 Mist Elimination 13 Greenhouses Commercial Dairy 13 Other 31 17 6
Slide 7: Agenda
Agenda Introduction Highlights second quarter 2020 Strategy 7
Slide 8: Q2 2020 vs. Mid-term targets and PY
Q2 2020 vs. Mid-term targets and PY Mid-term Q2 Q2 1 targets 2019 2020 Net sales growth 5% 4% -6% Org. growth p.a. over a business cycle 2 Adjusted EBITA-margin 14% 13.9% 14.7% 3 Capital structure (LTM*) 1.5x- 3.8x 2.7x (Leverage: Net debt / adj. EBITDA) 2.5x *LTM = Last Twelve Months 8
Slide 9: Highlights Q2 2020
Highlights Q2 2020 Robust performance Active mitigation of Covid-19 effects Strategy implementation Order intake Net sales MSEK MSEK +2% -6% 2000 2000 1500 1500 1000 1,840 1,870 1000 1,877 1,773 500 500 0 0 Q2 2019 Q2 2020 Q2 2019 Q2 2020 • Order intake increased organically by +1% • Some customer d
Slide 10: Lithium battery factory orders received – Q2
Lithium battery factory orders received – Q2 • Gigafactory for battery production in northern Sweden ‒ MSEK 60 order for climate solutions to the first phase ‒ Based on Munters DSS* system, ensures correct climate and humidity in 11 dry-rooms ‒ Munters chosen for technical knowledge and contribution
Slide 11: High order intake driven by strong performance in China
High order intake driven by strong performance in China Strong performance in China • Munters has during the last 5 years built up a strong local presence in the Chinese agricultural market • Strong brand built on deep application knowledge, high quality and excellent reliability • Chinese market is
Slide 12: Agenda
Agenda Introduction Highlights second quarter 2020 Strategy 12
Slide 13: Focus in 2020 and beyond
Focus in 2020 and beyond Purpose: For customer success and a healthier planet Strategic priorities: Focus areas Customers Improve go-to-market models and pricing strategies Focus investments in R&D and product portfolio alignment Innovation and adjustment Markets Growing in prioritized markets and s
Slide 14: Next step 2020 in strategy implementation
Next step 2020 in strategy implementation Sharpening the customer offering and footprint optimization • Exit non-core part of the commercial business in the US • Expand Data Centers US manufacturing in AirTech in Texas • Consolidation of operations in the Netherlands • Other measures to ensure execu
Slide 15: Journey ahead supported by strong market drivers
Journey ahead supported by strong market drivers • Strong market drivers support long-term demand for Munters products and solutions • Current business environment and outbreak of Covid-19 highlights the importance of long-term focus on sustainability • High demand for clean air in many industries w
Slide 16: Questions & Answers
Questions & Answers @® Munters