Componenta Oyj · OMXHEX:CTH1V
Componenta Oyj — Q3 2004 Earnings Presentation
26 slides from Componenta Oyj's earnings presentation, October 2004
Slide 1: Componenta Corporation Interim report 1 January - 30 September 2004
Componenta Corporation Interim report 1 January - 30 September 2004 N
Slide 2: Income statement
Income statement jbro OMMQ OMMP N=J=V N=J=V kÉí=ë~äÉë OOQKR NPNKT `Ü~åÖÉ=áå=åÉí=ë~äÉë=B HTM JP ===léÉê~íáåÖ=éêçÑáí=çÑ=`~ëí=~åÇ=líÜÉê=`çãéçåÉåíë TKP SKR ===léÉê~íáåÖ=éêçÑáí=çÑ=aÉ=däçÄÉ JMKN J ===léÉê~íáåÖ=éêçÑáí=çÑ=líÜÉê=_ìëáåÉëë NKN JMKT léÉê~íáåÖ=éêçÑáí==EÉñÅäìÇáåÖ=çåÉJíáãÉ=áíÉãëF UKO RKT ===cáå~åÅ
Slide 3: Income statement Q3
Income statement Q3 MEUR 2004 2003 7-9 7-9 Net sales 70.5 38.2 Change in net sales % +84 -2 Operating profit of Cast and Other Components 1.5 1.5 Operating profit of De Globe -0.4 - Operating profit of Other Business 0.3 -0.4 Operating profit (excluding one-time items) 1.4 1.0 Financial income and e
Slide 4: Key Ratios
Key Ratios 30.9.2004 30.9.2003 Earnings per share (EPS), EUR 1.69 0.03 Equity ratio, % 32.1 31.8 (preferred capital note in equity) Return on equity, % 40.4 0.8 Equity per share, EUR 5.00 3.85 Invested capital, MEUR 201.6 173.1 Return on investment, % 17.1 4.7 Net interest bearing debt, MEUR 112.5 1
Slide 5: Cash flow
Cash flow MEUR NKNKJPMKVKOMMQ NKNKJPMKVKOMMP ====mêçÑáíLäçëë=ÄÉÑçêÉ=Éñíê~çêÇáå~êó=áíÉãë NRKQ JMKS ====aÉéêÉÅá~íáçåI=~ãçêíáò~íáçå=~åÇ=ïêáíÉJÇçïå RKV VKO ====kÉí=Ñáå~åÅá~ä=áåÅçãÉ=~åÇ=ÉñéÉåëÉë RKP RKV ====líÜÉê=áåÅçãÉ=~åÇ=ÉñéÉåëÉëI=~ÇàìëíãÉåíë=íç=Å~ëÜ=Ñäçï JNMKT JNKO ====`Ü~åÖÉ=áå=åÉí=ïçêâáåÖ=Å~éáí~ä J
Slide 6: Review period in brief
Review period in brief O=lå=PM=pÉéíÉãÄÉê=OMMQ=`çãéçåÉåí~=ëáÖåÉÇ=~=ÑáîÉ=óÉ~ê=bro=VM=ãáääáçå ëóåÇáÅ~íÉÇ=ÅêÉÇáí=Ñ~Åáäáíó=íÜ~í=êÉéä~ÅÉë=íÜÉ=ëáñ=ÅêÉÇáí=Ñ~ÅáäáíáÉë=éêÉîáçìëäó=ÜÉäÇ=Äó íÜÉ=dêçìéK O=pÜ~êÉë=áå=~ëëçÅá~íÉÇ=Åçãé~åó=qÜÉêãá~=^_=ïÉêÉ=ëçäÇ=íç=mêçÅìêáí~ë=`~éáí~ä fåîÉëíçêë=fff=~í=~=éêáÅÉ=çÑ=jbro=NSKM=
Slide 7: Scrap price
Scrap price O=qÜÉ=éêáÅÉ=çÑ=ëÅê~é=ëíÉÉä=êçëÉ=ÉñÅÉéíáçå~ääó=ëÜ~êéäó=~í=íÜÉ=ëí~êí=çÑ=íÜÉ=óÉ~ê=~åÇ íÜÉ=~îÉê~ÖÉ=éêáÅÉ=çÑ=ëÅê~é=ÇìêáåÖ=íÜÉ=êÉîáÉï=éÉêáçÇ=ï~ë=~äãçëí=RMB=ÜáÖÜÉê=íÜ~å íÜÉ=~îÉê~ÖÉ=éêáÅÉ=áå=OMMPK O=få=~ÇÇáíáçåI=ÇìêáåÖ=íÜÉ=íÜáêÇ=èì~êíÉê=íÜÉ=éêáÅÉë=çÑ=íÜÉ=ëíÉÉä=ëÅê~é=Öê~ÇÉë=ìëÉÇ=Äó íÜÉ=ÑçìåÇêáÉë=
Slide 8: Package scrap price chart
W vstahl Sorte 8 pakettiromu / package scrap (eur / tn) Updated (Lähde / Source: Wvstahl) 05.10.2004 280 W V Stahl Sorte 8 (package) 270 Fob Rotterdam HMS1/2 (eur/tn) 262,3 260 250 W V Stahl Sorte 8 (package) yearly 240 average 230 220 210 200,0 200 190 Fob 193,13 180 eur / tn 170 160 150 140 130 12
Slide 9: Markets and developments by customer sector
Markets and developments by customer sector O=`çãéçåÉåí~Ûë=åÉí=ë~äÉë=êçëÉ=TMB=íç=bro=OOQKR=ENPNKTF=ãáääáçå=~ë=íÜÉ=êÉëìäí çÑ=çêÖ~åáÅ=ÖêçïíÜ=áå=ë~äÉë=~åÇ=íÜÉ=~Åèìáëáíáçå=çÑ=aÉ=däçÄÉK O=kÉí=ë~äÉë=çÑ=íÜÉ=`~ëí=~åÇ=líÜÉê=`çãéçåÉåíë=ÄìëáåÉëë=Öêçìé=áåÅêÉ~ëÉÇ NNBI=çÑ=aÉ=däçÄÉ=PNB=~åÇ=çÑ=çíÜÉê=çéÉê~íáçåë=NNBK
Slide 10: Net sales and order book
Net sales and order book Net sales Order book jbro jbro 90 70 80 60 70 50 60 50 40 40 30 30 20 20 10 10 0 0 I II III IV I II III IV 2004 De Globe 2004 Cast and Other Components and Other Business 2003 Cast and Other Components and Other Business NM
Slide 11: Operating profit and result after financial items (excluding one-time items)
Operating profit and result after financial items (excluding one-time items) Operating profit Profit/loss after financial items MEUR % MEUR 6 7 3,5 3 5 6 2,5 5 2 4 4 1,5 3 1 3 0,5 2 2 0 1 1 -0,5 I II III IV -1 0 0 -1,5 I II III IV 2003 2004 2003 2004 2003 % 2004 % NN
Slide 12: Equity ratio, %
Equity ratio, % 35 30 25 20 15 10 5 0 30.9.2003 31.12.2003 30.9.2004 Preferred capital note in equity Preferred capital note in debt NO
Slide 13: Division of sales
Division of sales Sales by market area Sales by business group NV=B NO=B S=B PR=B PQ=B QN=B RP=B `Éåíê~ä=bìêçéÉ Cast and Other Components pÅ~åÇáå~îá~ De Globe cáåä~åÇ Other Business líÜÉê=ÅçìåíêáÉë NP
Slide 14: Sales to customer industries
Sales to customer industries Heavy Off-road Machine Power and Others trucks building transmission 46% (55%) 24% (12%) 15% (14%) 11% (15%) 3% (4%) NQ
Slide 15: Sales to heavy truck industry
Sales to heavy truck industry MEUR 40 2004 De Globe 35 30 2003 De Globe 25 20 2004 Cast and Other 15 Components and Other Business 10 2003 Cast and Other 5 Components and 0 Other Business I II III IV NR
Slide 16: Sales to off-road industry
Sales to off-road industry MEUR 22 2004 De Globe 20 18 16 2003 De Globe 14 12 10 2004 Cast and Other 8 Components and 6 Other Business 4 2003 Cast and Other 2 Components and 0 Other Business I II III IV NS
Slide 17: Sales to machine building industry
Sales to machine building industry MEUR= 14 2004 De Globe 12 10 2003 De Globe 8 6 2004 Cast and Other Components and 4 Other Business 2 2003 Cast and Other 0 Components and Other Business I II III IV NT
Slide 18: Sales to power and transmission industry
Sales to power and transmission industry MEUR= 2004 De Globe 10 9 8 2003 De Globe 7 6 5 4 2004 Cast and Other 3 Components and 2 Other Business 1 2003 Cast and Other 0 Components and I II III IV Other Business NU
Slide 19: Cast and Other Components
Cast and Other Components Net sales Operating profit jbro jbro % 50 5 10 45 4,5 9 40 4 8 35 3,5 7 30 3 6 25 2,5 5 20 2 4 15 1,5 3 10 1 2 5 0,5 1 0 0 0 I II III IV I II III IV 2003 2004 2003 2004 2003 % 2004 % NV
Slide 20: Performance of Cast and Other Components
Performance of Cast and Other Components O =qÜÉ=êáëáåÖ=éêáÅÉ=çÑ=ëÅê~é=ïÉ~âÉåÉÇ=íÜÉ=ÄìëáåÉëë=ÖêçìéÛë=êÉëìäíK O=qÜÉ=áãé~Åí=çå=Åçëíë=çÑ=íÜÉ=êáëÉ=áå=íÜÉ=éêáÅÉ=çÑ=ëÅê~é=Ü~ë=ÄÉÉå=é~ëëÉÇ=çå íç=éêçÇìÅí=éêáÅÉë=~ë=Ñêçã=íÜÉ=ëí~êí=çÑ=íÜÉ=ëÉÅçåÇ=~åÇ=ÑçìêíÜ=èì~êíÉêëK=pÅê~é éêáÅÉë=Ü~îÉ=ÄÉÉå=ÉñíêÉãÉäó=îçä~íáäÉK O =
Slide 21: De Globe
De Globe Net sales Operating profit jbro jbro % 30 1 2 0,5 0 25 0 -2 20 I II III IV -0,5 -4 15 -1 -6 -1,5 -8 10 -2 -10 5 -2,5 -12 -3 -14 0 I II III IV 2003 2004 2003 2004 2003 % 2004 % ON
Slide 22: Performance of De Globe
Performance of De Globe O =o~éáÇ=ÖêçïíÜ=áå=åÉí=ë~äÉëK O=qÜÉ=êÉëìäí=ëìÑÑÉêÉÇ=Ñêçã=íÜÉ=ëïáíÅÜ=íç=åçåJÅçåíáåìçìë=íÜêÉÉJëÜáÑí éêçÇìÅíáçå=~í=íÜÉ=eçÉåëÄêçÉâ=~åÇ=tÉÉêí=ÑçìåÇêáÉëI=íç=ÅçéÉ=ïáíÜ=íÜÉ=ã~àçê áåÅêÉ~ëÉ=áå=éêçÇìÅíáçåI=~åÇ=Ñêçã=íÜÉ=áåÅêÉ~ëÉ=áå=íÜÉ=éêáÅÉ=çÑ=ëÅê~éK O =qÜÉ=éêçàÉÅí=íç=ê~áëÉ=éêçÇìÅíáîáíó
Slide 23: Other Business
Other Business Net sales Operating profit (excluding one-time items) jbro 12 jbro 10 1,5 8 1 6 0,5 4 0 I II III IV 2 -0,5 0 -1 I II III IV 2003 2004 2003 2004 OP
Slide 24: Other Business and Associated companies
Other Business and Associated companies O=kÉí=ë~äÉë=çÑ=íÜÉ=táêëÄç=ÑçêÖÉë=áåÅêÉ~ëÉÇ=Ñêçã=íÜÉ=éêÉîáçìë=óÉ~ê=~åÇ=íÜÉ êÉëìäí=áãéêçîÉÇ=~åÇ=íìêåÉÇ=éçëáíáîÉ=áå=ÅçåëÉèìÉåÅÉ=çÑ=íÜÉ=Åçëí=ÅìííáåÖ éêçÖê~ããÉK O=qÜÉ=Åçëí=ÅìííáåÖ=éêçÖê~ããÉ=~åÇ=~Åíáçå=íç=ÉåÜ~åÅÉ=çéÉê~íáçåë=~êÉ ÉñéÉÅíÉÇ=íç=ëáÖåáÑáÅ~åíäó=áãéêçîÉ=íÜÉ=
Slide 25: Prospects Q4/2004
Prospects Q4/2004 O=`çãéçåÉåí~Ûë=éêçëéÉÅíë=Ñçê=íÜÉ=êÉëí=çÑ=íÜÉ=óÉ~ê=OMMQ=~êÉ=Ä~ëÉÇ=çå=ÖÉåÉê~ä ÉñíÉêå~ä=Ñáå~åÅá~ä=áåÇáÅ~íçêëI=çêÇÉê=ÑçêÉÅ~ëíë=ÖáîÉå=Äó=ÅìëíçãÉêëI=~åÇ=çå `çãéçåÉåí~Ûë=çêÇÉê=áåí~âÉ=~åÇ=çêÇÉê=ÄççâK O=qÜÉ=ÖêçïíÜ=áå=ÇÉã~åÇ=Ñçê=ÜÉ~îó=íêìÅâ=ÅçãéçåÉåíëI=ïÜáÅÜ=ëí~êíÉÇ=íçï~êÇë íÜÉ=ÉåÇ=çÑ=OMMPI=
Slide 26: Prospects Q4/2004
Prospects Q4/2004 O=`çãéçåÉåí~Ûë=çêÇÉê=Äççâ=Ü~ë=Äìáäí=ìé=ÅçåëáÇÉê~Ääó=ÇìêáåÖ=íÜÉ óÉ~ê=~åÇ=ëíççÇ=~í=~=ëíêçåÖ=äÉîÉä=~í=íÜÉ=ÉåÇ=çÑ=pÉéíÉãÄÉêK O=kÉí=ë~äÉë=çÑ=íÜÉ=`~ëí=~åÇ=líÜÉê=`çãéçåÉåíë=ÄìëáåÉëë=Öêçìé ~åÇ=çÑ=aÉ=däçÄÉ=áå=íÜÉ=ÑçìêíÜ=èì~êíÉê=~êÉ=ÑçêÉÅ~ëí=íç=Öêçï=Ñêçã ä~ëí=óÉ~êK O=`çãéçåÉåí~Ûë=êÉëìäí=~ÑíÉ