Lindab Group We simplify construction 1 lindab | group - - PowerPoint PPT Presentation
lindab | group presentation Lindab Group We simplify construction 1 lindab | group presentation Lindab in a nutshell International group that develops, manufactures and markets products and system solutions in steel and sheet metal for
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and system solutions in steel and sheet metal for simplified construction and improved indoor climate, within the Ventilation and Profile business areas
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Amounts in SEK m unless otherwise specified
2008 2007 Net sales 9,840 9,280 Operating profit (EBITDA) 1,388 1,512 Operating profit (EBITA) 1,172 1,318 Operating margin (EBITA), % 11.9 14.2 Operating profit (EBIT), excluding one-off items¹ 1,279 1,309 Operating margin (EBIT), % excluding one-off items¹ 13.0 14.1 Profit after financial items (EBT) 990 1,175 Profit for the year 723 901 Cash flow from operating activities 673 875 Return on capital employed, % 20 24.5 Return on equity, % 23.4 35.9 Net debt 2,774 2,238 Net debt/equity ratio 0.8 0.8
One-off items consists of SEK 117 m for the cost reduction programme, SEK 18 m write-down of stock, a capital gain of SEK 14 m from the sale of property, as well as a capital gain of SEK 18 m from the sale of the participating interest in the ventilation company Øland A/S, and SEK 13 m costs to replace the CEO
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SEK/share unless otherwise specified
2008 2007 Undiluted earnings per share 9.32 11.45 Diluted earnings per share (EPS) 9.32 11.45 Earnings per share1 9.67¹ 11.45 Cash flow from operating activities 8.68 11.12 Undiluted equity per share 44.75 37.72 Diluted equity per share 44.75 37.72 Dividend 2.752 5.25 Diluted no. of shares 74,772,000 78,708,000
1) Based on the current no. of shares, at the end of the year. 2) Proposed dividend
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Eastern Europe 30% and Western Europe 28% and the rest of the World 3%.
Central production Ventilation Central production Profile Local production Profile Production Ventilation Local air duct production Ventilation
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Net Sales 1959-2008, MSEK
– Early focus on quality in products and services
– From Scandinavian base successive international market expansion
– Steady focus on core business – Ventilation and Profile
9840 9280 7609 6214 5477 5302 153 442 1344 3569 1 15 2008 2007 2006 2005 2004 2003 1999 1989 1984 1979 1969 1959
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Europewide“.
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system solutions in steel for simplified construction and improved indoor climate.
Profile, and the products are characterised by their high quality, ease of assembly, energy efficiency and environmentally-friendly design and are delivered with high levels of service. Altogether, this increase customer value.
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The 3 central elements of the growth strategy include the following:
ventilation and building solutions.This means providing efficiently produced solutions to improve the customers’ processes and make them more efficient while enhancing customer value by providing solutions and not just components.
Lindab will continue to strengthen its business in the Nordic region, Western Europe and the CEE/CIS region but with particular focus on emerging markets in the CIS.
Lindab will work actively in order to identify and exploit synergies within all its business activities.
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Steel processing Profile Ventilation
production DIY stores Contractors Installers
Customers Indirect customers
Consultants Architects
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1 000 2 000 3 000 4 000 5 000 6 000 7 000 8 000 9 000 10 000 Vent Profile Other Total 4,783 4,993 64 9,840
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Net Sales (SEK m)
Acquisitions 2 900 Organic 3 600
2 000 3 000 4 000 5 000 6 000 7 000 8 000 9 000 10 000
1998 2000 2002 2004 2006 2008
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Annual organic sales growth, % 6 Operating margin (EBIT), % 14 Net debt/equity ratio, times 1.0 – 1.4
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the dividend should represent 40-50 % of net profit.
targets, acquisition opportunities, future results, financial position, cash flow, credit terms and other factors.
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SEK m
2008 2007 Nordic region 3,799 3,680 Western Europe 2,739 2,637 Central and Eastern Europe 2,953 2,616 Rest of the World 349 347 Total 9,840 9,280
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Portion of Group sales 2008 %
(X)
Portion of Group sales 2007 %
Nordic countries 39 (40) Western Europe 28 (28) Central and Eastern Europe incl CIS 30(28) Rest of the world 3 (4)
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Air Duct Systems
The Air Duct Systems division focuses on complete duct systems for ventilation.
Comfort
The Comfort division comprises components that help to distribute and treat ventilating air to create improved indoor climates.
Building Components
The Building Components division comprises a highly advanced system of components for roof drainage, roof and wall cladding, as well as for wall construction.
Building Systems
The Building Systems division specialises in pre- engineered systems for the construction
These are marketed and sold by associated building contractors.
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– Low-rise, tailor-made buildings for industrial and commercial applications: logistics and distribution centres, warehouses, manufacturing plants, retail outlets, sport and recreational buildings
– "Fast-track" steel framed, dry construction systems for offices, commercial buildings and process plants up to 5-stories
– Standard range of single-storey buildings available on very short delivery times. Ideal for small/medium sized businesses and company start-ups
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– Extensive range of roof drainage systems including guttering, downpipes and fittings in various colours and sizes
– Beams, battens and purlins in steel for lightweight construction techniques
– Profiled sheet metal roof and wall cladding for residential, commercial and agricultural buildings
– Standing seam roofing and accessories with high quality coatings in a range of colours
– Garage and industrial doors made from a freon-free sandwich construction
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– Machinery for the manufacture of spiral ventilation ducts and ventilation fittings
– IT tools for design, calculation, quantification and planning of ventilation systems
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– Diffusers, grilles, control valves and VAV systems
– Chilled beams, facade systems and heating strips
– Silencers to create a quieter indoor environment
– IT tools for design, calculation, quantification and planning of indoor climate systems
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Profile Lindab Ventilation
Building Systems Building Components Air Duct Systems Comfort
Group Staff Business Areas Divisions
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David Brodetsky CEO and President Lindab Group Peter Andsberg Manager Profile business area - Building Components Nils-Johan Andersson CFO Lindab Group David Brodetsky Acting Manager Ventilation business area Venant Krier Manager Profile business area - Building Systems Anders Persson HR Director Lindab Group Carl-Gustav Nilsson General Counsel Lindab Group
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Ratos AB (publ) 22.49 % Livförsäkringsbolaget Skandia 11.66 % Sjätte AP-fonden 11.18 %
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– We want our customers to view our products and services as problem solvers and package solutions customised to their needs, reliably delivered.
– At Lindab, we are proud of our products, of what we do and of our
approach, and relationships based on trust.
– We want our customers and other stakeholders to feel that Lindab is a well-run company and that they have chosen the right company to work
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