Wastbygg Gruppen AB Class B · OMXSTO:WBGR_B
Wastbygg Gruppen AB Class B — Q2 2021 Earnings Presentation
34 slides from Wastbygg Gruppen AB Class B's earnings presentation, 2021
Slide 1: Marmorlyckan, Varberg
MARMORLYCKAN, VARBERG
Slide 2: Today's presenters
Today’s presenters JORGEN ANDERSSON JONAS JONEHALL MARIE LINDEBACK Chief Executive Officer CFO and Deputy CEO Head of Investor Relations/ Deputy Head of Sustainability ; W WASTBYGG GRUPPEN
Slide 3: Develop and build sustainable, modern and efficient homes
Develop and build Employees 30 Jun 2021 sustainable, modern and efficient homes, commercial properties and logistics and industrial properties RESIDENTIAL COMMERCIAL LOGISTICS AND INDUSTRY Property Management 3
Slide 4: Strong order intake and strategic land acquisition
o Strong order intake. o Strategic decision to acquire logistics and industrial land and regarding increased presence in northern Sweden. 4
Slide 5: Significant events in the quarter
o Contract signed with Nobia for construction of a production facility outside Jönköping. Order value approx. SEK 400 million. o Contract was signed with Svenska Bostäder for construction of 169 apartments in Stockholm. Order value SEK 350 million. o Three contracts signed, total of almost 600,000 s
Slide 6: As of Q2 2020 the Company consolidates tenant-owner associations related to development projects (IFRS
As of Q2 2020 the Company consolidates tenant-owner associations related to development projects (IFRS recalculated). Figures shown above follow the Company’s segment reporting (IFRS), which does not consolidate tenant-owner associations. Please refer to the appendix for the effect of the difference
Slide 7: Tallspinnaren, Mölnlycke
MÖLNLYCKE Tallspinnaren As of Q2 2020 the Company consolidates tenant-owner associations related to development projects (IFRS recalculated). Figures shown above follow the Company’s segment reporting (IFRS), which does not consolidate tenant-owner associations. Please refer to the appendix for the
Slide 8: Residential segment
• Focus on multi dwelling buildings (condominiums and rental apartments) and student housing. • Construction and project development. Completed during the period 200 Ongoing June 30, construction 762 Ongoing June 30, project development 461 Mangon, STOCKHOLM As of Q2 2020 the Company consolidates te
Slide 9: Commercial segment
• Focus on commercial properties including retail, offices, community service properties and hotels. • Construction and project development. Completed during the period 8,600 Ongoing June 30, construction 63,185 Ongoing June 30, project development 0 Hotel Västerport, VARBERG As of Q2 2020 the Compa
Slide 10: Logistics and industry segment
• Focus on larger logistics and industrial buildings under the brand of Logistic Contractor. • Construction and project development. Completed during the period 77,300 Ongoing June 30, construction 317,200 Ongoing June 30, project development 45,000 Nobia, JÖNKÖPING As of Q2 2020 the Company consoli
Slide 11: Project development share and EBIT margin
Share of project development EBIT margin As of Q2 2020 the Company consolidates tenant-owner associations related to development projects (IFRS recalculated). Figures shown above follow the Company’s segment reporting (IFRS), which does not consolidate tenant-owner associations. Please refer to the
Slide 12: As of Q2 2020 the Company consolidates tenant-owner associations related to development projects (IFRS
As of Q2 2020 the Company consolidates tenant-owner associations related to development projects (IFRS recalculated). Figures shown above follow the Company’s segment reporting (IFRS), which does not consolidate tenant-owner associations. Please refer to the appendix for the effect of the difference
Slide 13: As of Q2 2020 the Company consolidates tenant-owner associations related to development projects (IFRS
2017 2018 2019 2020 2021 As of Q2 2020 the Company consolidates tenant-owner associations related to development projects (IFRS recalculated). Figures shown above follow the Company’s segment reporting (IFRS), which does not consolidate tenant-owner associations. Please refer to the appendix for the
Slide 14: As of Q2 2020 the Company consolidates tenant-owner associations related to development projects (IFRS
27% As of Q2 2020 the Company consolidates tenant-owner associations related to development projects (IFRS recalculated). Figures shown above follow the Company’s segment reporting (IFRS), which does not consolidate tenant-owner associations. Please refer to the appendix for the effect of the differ
Slide 15: Strategic priorities
o Continuous profitable growth through digitalisation and increasing efficiency o Continued focus on risk avoidance and profitability in every project o Build a balanced portfolio of project development projects across all segments As of Q2 2020 the Company consolidates tenant-owner associations rel
Slide 16: Green shares and sustainability KPIs
GREEN SHARES OPERATING REVENUE % EXPENDITURES % INVESTMENTS % ORDER BACKLOG % * ** * ** * ** ** ** SICK LEAVE PROPORTION OF WOMEN TOTAL IN THE EXECUTIVE GROUP’S BOARD WÄSTBYGG GROUP % POSITIONS % OF DIRECTORS % * Cicero Shades of Green, Company Assessment, June 2021 ** Estimated by definition in Wäs
Slide 17: Events after the quarter
TÄBY Näsby Slottspark o Contract signed with Lansa Fastigheter 89 tenant owned apartments regarding sales of self-developed residential project Journalen 1, with 177 rental apartments in Sege Park, Malmö. Agreed property value approx. SEK 400 million. o Contract signed with Niam, acquisition of buil
Slide 18: Summary
o High activity in all segments & markets o Strong order intake o Order backlog o Strong result o Increased share of project development o Production according to plan o Increased transparency for sustainability with Green equity 18
Slide 19: Presenters
JORGEN ANDERSSON JONAS JONEHALL MARIE LINDEBACK Chief Executive Officer CFO and Deputy CEO Head of Investor Relation
Slide 20: Thank you
Thank you
Slide 21: Appendix
Slide 22: Income statement
Apr-Jun Apr-Jun Jan-Jun Jan-Jun Jul-Jun Jan-Dec SEKm 2021 2020 2021 2020 2020-21 2020 Revenue 911 1,124 1,725 2,025 3,501 3,801 Costs in production -769 -978 -1,454 -1,802 -2,933 -3,281 Gross profit/loss 142 146 271 223 568 520 Sales and administration costs -75 -63 -140 -117 -292 -269 Other operati
Slide 23: Balance sheet
SEKm 30 Jun 2021 30 Jun 2020 31 Dec 2020 ASSETS Fixed assets Intangible fixed assets 238 236 237 Tangible fixed assets 107 67 95 Financial fixed assets 57 44 49 Total fixed assets 402 347 381 Current assets Development properties, etc 265 89 75 Accounts receivable 427 372 506 Accrued but not invoice
Slide 24: Cash flow statement
Apr-Jun Apr-Jun Jan-Jun Jan-Jun Jul-Jun Jan-Dec SEKm 2021 2020 2021 2020 2020-21 2020 Day-to-day operations Profit/loss before financial items 68 86 133 110 277 254 Adjustment for paid interest, paid taxes and items not included in cash flow -7 4 14 3 54 45 Cash flow from operating activities before
Slide 25: Income statement
Apr-Jun Apr-Jun Jan-Jun Jan-Jun Jul-Jun Jan-Dec SEKm 2021 2020 2021 2020 2020-21 2020 Revenue 1,051 1,050 1,951 1,976 3,595 3,620 Costs in production -886 -913 -1,647 -1,761 -3,018 -3,132 Gross profit/loss 165 137 304 215 577 488 Sales and administration costs -75 -63 -140 -117 -292 -269 Other opera
Slide 26: Balance sheet
SEKm 30 Jun 2021 30 Jun 2020 31 Dec 2020 ASSETS Fixed assets Intangible fixed assets 238 236 237 Tangible fixed assets 107 67 95 Financial fixed assets 59 45 53 Total fixed assets 404 348 385 Current assets Development properties, etc 686 657 815 Accounts receivable 427 347 506 Accrued but not invoi
Slide 27: Cash flow statement
Apr-Jun Apr-Jun Jan-Jun Jan-Jun Jul-Jun Jan-Dec SEKm 2021 2020 2021 2020 2020-21 2020 Day-to-day operations Profit/loss before financial items 91 77 166 102 287 223 Adjustment for paid interest, paid taxes and items not included in cash flow -16 8 4 4 50 50 Cash flow from operating activities before
Slide 28: Revenue, SEKm
Revenue, SEKm Revenue, SEKm Revenue, SEKm As of Q2 2020 the Company consolidates tenant-owner associations related to development projects (IFRS recalculated). Figures shown above follow the Company’s segment reporting (IFRS), which does not consolidate tenant-owner associations. Please refer to the
Slide 29: A sustainable business
A sustainable business WASTBYGG EMISSIONS 2020, IN TONS CO2e 800 TOTAL 2020: 1 523 tons CO2e (2 253) which is 32 percent =— lower than 2019, * “22H se ech ech ei R RE RR a8 RH 88H RR Waste Material Machines and Business Electricity Company transport- provisional _ trips and cars ation heating heatin
Slide 30: Senior executives
Senior executives JORGEN ANDERSSON Chief Executive Officer Head of Sustainability SANDU NYLMON CEO of LC New Markets JONAS JONEHALL CFO and Deputy CEO Parental leave CLAAS WALLIN Business Development Manager Deputy CEO of Wastbygg AB MARIE LINDEBACK Head of Investor Relations/ Deputy Head of Sustain
Slide 31: Ongoing residential projects
Project, Municipality Type No of apts. Area (sqm) Phase Start of production Completion Tuvebo Atelje, Göteborg Self owned 71 4,679 Production 2020 2021 Lagerkransen 3, Lund Rental 83 4,696 Production 2020 2022 Vårberg youth housing, Stockholm Rental 174 5,967 Production 2020 2022 Parklyckan, Stockho
Slide 32: Project development pipeline
Estimated start Estimated Project, Municipality Type No of apts. Area (sqm) Phase of production completion Cityterrassen, Malmö Self owned 170 12,460 Zoning plan in effect 2021 2024 Hökälla Ängar, phase 2, Göteborg Self owned 36 3,589 Zoning plan in effect 2021 2023 Journalen 1, Malmö Rental 177 9,6
Slide 33: Project development pipeline, later phases
Estimated start Estimated Project, Municipality Type No of apts. Area (sqm) Phase of production completion Skarpnäck preschool, Stockholm CSP 0 860 Zoning plan in effect 2024 2026 Norra Saltskog, Södertälje Self owned 49 3,055 Ongoing planned work 2024 2026 Vallastråket, Stockholm Self owned 70 4,20
Slide 34: Logistics and industrial land
Municipality Type Area (sqm) Enköping Acquisition 133 Nyköping Joint venture 400 Sande, Norway LOI for Joint venture 45 Total 578