Momentum Group AB Class B · OMXSTO:MMGR_B
Momentum Group AB Class B — Q4 2017/18 Earnings Presentation
21 slides from Momentum Group AB Class B's earnings presentation, May 8, 2018
Slide 1: Presentation of Financial Report – Financial year 2017/18
Presentation of Financial Report – Financial year 2017/18 8 May 2018
Slide 2: Presenters today
Presenters today ULF LILIUS NIKLAS ENMARK, President & CEO EVP & CFO 2
Slide 3: Introduction to Momentum Group
Introduction to Momentum Group Momentum Group in brief ▪ Momentum Group is one of the leading suppliers of industrial consumables, industrial components, Adj. operating Adj. operating 2017/18 Revenue (MSEK) margin1 services and maintenance for professional end users in profit (MSEK)1 the industrial
Slide 4: Strong position in industrial consumables and components
Strong position in industrial consumables and components One of the leading resellers in the Nordic market Attractive macroeconomic trends1 15% Industrial sector Construction and 10% civil engineering sector 60% Public sector 15% Other sectors One of Sweden's leading resellers of One of the leading
Slide 5: Financial Report – Financial year 2017/18
Financial Report – Financial year 2017/18 8 May 2018 5
Slide 6: Financial Report – Highlights Q4
Financial year 2017/18 – Financial Report – Highlights Q4 Continued favourable market conditions during the fourth quarter, primarily in Sweden and Finland. Efficiency-enhancements, increased sales and improved gross margins contributed to continued positive profit development. Adjusted operating pr
Slide 7: Fourth quarter [1 Jan-31 Mar 2018]
Financial year 2017/18 – Fourth quarter [1 Jan-31 Mar 2018] • Revenue increased by 3 percent1 QUARTER FINANCIAL YEAR during the quarter. Jan-Mar Jan-Mar MSEK 2018 2017 Δ 2017/18 2016/17 Δ – Continued high activity level and +3% +4% Revenue 1,437 1,400 5,616 5,411 favourable demand in industry. N/A O
Slide 8: Business area – Tools & Consumables
Fourth quarter 2017/18 – Business area – Tools & Consumables • Revenue remained largely unchanged in total1 during the fourth quarter, despite decreased sales to store customers due to the successful winding down of 15 TOOLS stores in Sweden. – Continued high activity level and favourable demand in
Slide 9: Business area – Components & Services
Fourth quarter 2017/18 – Business area – Components & Services • Revenue increased by 3 percent1 during the fourth quarter. – Continued favourable demand in industry, in particular for components, services and maintenance to larger customers in Sweden and Finland. – Acquisitions contributed by an ad
Slide 10: Financial year – 12 months [1 Apr 2017-31 Mar 2018]
Financial year 2017/18 – Financial year – 12 months [1 Apr 2017-31 Mar 2018] • Revenue for the full financial year increased by 4 percent1 to MSEK 5,616 (5,411) . – Favourable revenue growth in the most of the units despite, for example, the negative effect on store sales due to the successful windi
Slide 11: Cash-flow statement [1 Apr 2017-31 Mar 2018]
Financial year 2017/18 – Cash-flow statement [1 Apr 2017-31 Mar 2018] QUARTER FINANCIAL YEAR JAN-MAR JAN-MAR MSEK 2018 2017 2017/18 2016/17 Operating activities Operating activities before changes in working capital 36 8 195 148 • Cash flow from operating activities for the financial Changes in work
Slide 12: Performance measures [1 Apr 2017-31 Mar 2018]
Financial year 2017/18 – Performance measures1 [1 Apr 2017-31 Mar 2018] 12 MONTHS ENDING MSEK 31 MAR 31 MAR 31 MAR 31 MAR 2018 2017 2016 2015 Adjusted operating profit, MSEK 252 193 193 198 Adjusted operating margin, % 4.5% 3.6% 3.7% 3.7% Profit margin, % 4.2% 1.0% 3.5% 3.4% • Operational net loan l
Slide 13: Financial year – 12 months
Financial year 2017/18 – Financial year – 12 months • Adjusted operating profit amounted to MSEK 252 (FY 2016/17: 193), corresponding to an Adjusted operating margin of 4.5 percent (3.6). – Tools & Consumables: Adj. operating profit MSEK 134 (76) Adj. operating margin 3.0 percent (1.8). – Componen
Slide 14: Focus in the short to medium term
Focus in the short to medium term 8 May 2018 14
Slide 15: Momentum Group's focus in the short to medium term
Momentum Group’s focus in the short to medium term Momentum Group´s strategic focus is concentrated on three main areas 1. 2. 3. Continued Acquisition-driven Change and development and growth strategy with improvement establishment of niche focus on niche initiatives in TOOLS offerings in current ac
Slide 16: momentum:
momentum: 16
Slide 17: momentumgroup
ML momentumgroup ©
Slide 18: APPENDIX – Revenue bridges, Income statements & Balance sheets
APPENDIX – Revenue bridges Income statements & Balance sheets 18
Slide 19: Revenue bridge - Fourth quarter [1 Jan-31 Mar 2018]
Financial year 2017/18 – Revenue bridge - Fourth quarter [1 Jan-31 Mar 2018] MSEK GROWTH +3.0% +1.7% –2.5% +0.5% +2.7% HIGHLIGHTS • Organic growth1 improving to 1.7 percent (0.1) – with stable / positive development in both business areas: – Tools & Consumables +0%. – Components & Services +3%. • Tw
Slide 20: Revenue bridge - Financial year [1 Apr 2017-31 Mar 2018]
Financial year 2017/18 – Revenue bridge - Financial year [1 Apr 2017-31 Mar 2018] MSEK GROWTH +4.2% +2.1% –2.7% +0.2% +3.8% HIGHLIGHTS • Organic growth1 amounted to 2.1 percent (–0.5) – with increases in both business areas: – Tools & Consumables +1%. – Components & Services +4%. • Seven trading day
Slide 21: Income statements and Balance sheets [Quarter 4 – 2017/18]
Income statements and Balance sheets [Quarter 4 – 2017/18] Income statement Balance Sheet QUARTER FULL-YEAR ASSETS EQUITY & LIABILITIES MSEK JAN-MAR JAN-MAR MSEK 31 MAR 31 MAR MSEK 31 MAR 31 MAR 2018 2017 2017/18 2016/17 2018 2017 2018 2017 Revenue 1,437 1,400 5,616 5,411 Intangible non-current asse