Scanfil Group Global contract manufacturer and systems supplier. CEO Petteri Jokitalo 30 October scanfil.com

Transcription

1 Scanfil Group 2017 Global contract manufacturer and systems supplier CEO Petteri Jokitalo 30 October 2017 scanfil.com

2 Scanfil in Brief Q3 / Jan-Sep 2017 Financials

3 Scanfil in Nutshell Customers > 80 customers Biggest customer represents 10 % of sales 10 biggest customers 55 % of sales Urban applications Energy & Automation Other industries Networks & Communications MedTech,& Life Science Sales 2016 MEUR % 16 % 16 % 19 % 14 % Energy & Automation MedTech, Life Science, Environmental Measurement Networks & Communication Urban Application Other Industries Factories Finland 1 Sweden 2 Estonia 1 Poland 2 Germany 1 China 2 USA 1 People ~3300 employees worldwide China Poland Estonia Hungary Finland 176 Sweden USA Germany Scanfil

4 Mission Scanfil enables customers to succeed by providing effective and innovative solutions that bring products to life and to market. We provide global manufacturing and supply chain solutions along with a comprehensive range of related services from design to aftermarket services. Scanfil

5 Vision We are a trusted partner We differentiate with our best in class performance Scanfil

6 Key Milestones of Our Growth Jorma J. Takanen founded Scanfil Oy Rapid internationalisation to low cost countries: - Hungary China Suzhou Estonia China Hangzhou 2003 Professional electronics represented about 50 % of the sales for the first time Acquisition of Schaltex Systems GmbH, (sales of MEUR 21) years rapid growth period - Sales 1991 MEUR 5 - Sales 2001 MEUR Position of a system supplier Merger with Wecan Electronics plc (Sales MEUR 46) Helsinki Stock Exchange SCF1V Professional electronics represented 75 % of the sales Acquisition of PartnerTech in July 2015 (sales of MEUR 246) Scanfil

7 Our Customer Segments and Megatrends Urban Applications Urbanisation in developing countries Increase in people s wealth Population ageing Energy & Automation Energy efficiency & renewable energy production Urbanisation in emerging markets Industrial automation Networks & Communications Digitalisation Increasing significance of tele-communications and wireless solutions Internet of Things MedTech, Life Science & Environmental Measurement Population ageing and healthcare needs in emerging markets Need to predict weather phenomena Monitoring of food, water and air quality Other Industries Other Industrial Electronics Industrial Internet Scanfil

8 Opportunities to Grow by Maintaining the Focus Existing customers New customers Acquisitions Growth with customers Cross selling Outsourcing Scandinavia Central Europe We are screening the market Continuous improvement of operational performance and customer satisfaction Personnel engagement 8

9 Our Global Footprint Factories close to customer s R&D Factories close to customer s markets

10 Vertical Integration Supply network Combined services Complete product Efficient and cost effective supply chain Services covering customer s whole value chain Complex integrations Complete service offering with focus on high mix / low & medium volume production Scanfil 10

11 Operational Excellence Continuous improvement of operations by using Six Sigma principles for quality Lean principles for customer value creation Visual factory for effective management of lean operations Global development organization More than 100 Lean Six Sigma professionals deployed worldwide Standardized global processes and shared best practices Common KPI:s ( Key Process Indicators) Annual targets by function For example quality, on time delivery, lead time, productivity Scanfil

12 Global Supply Chain Global organization with Sourcing Units in Asia, Europe and USA Global Category Teams (GCT) Mechanics Connectivity and Modules Electronics Global Transportation Common processes and tools Main KPI s Supplier OTD, Quality, Cost reduction, ITO, Supply base Scanfil

13 System Integration

14 Electronics Assembly

15 PCBA

16 SMT lines

17 Urban Applications Elevator and escalator control systems Self-service equipment Game machines Scanfil

18 Energy And Automation Power production and electricity transmission systems Systems related to energy efficiency Systems related to renewable energy Scanfil

19 Medtech, Life Science And Environmental Measurements Equipment related to health-care technology and climate and environmental monitoring Scanfil

20 Networks & Communications Broadband, communication and mobile network equipment and systems Scanfil

21 Customer Voice Scanfil is an key partner to Tomra, and been an important part of a Tomra operations since They are providing capacity and flexibility enabling Tomra to handle the big variations in a demands. They are situated close to our main market in Germany enabling acceptable cost level and short delivery times. Scanfil

22 Scanfil in Brief Q1-Q3 / 2017 Financials

23 Q3 / 2017 Highlights Strong operating margin benefitted from increased sales and lighter cost structure Investments program continued; Suzhou and Malmö new SMT lines, Sieradz building expansion, move to new production premises with double capacity in Atlanta Scanfil

24 Q3/2017 Q3/2017 Q3/2016 Change% Turnover, EUR million 130, % Operating Profit, EUR million % Operating Profit, Adjusted, EUR million % Operating Profit, % Operating Profit, %, Adjusted Net Cash Flow from Operations, EUR million % Earnings per Share, EUR %

25 Q1-Q3 / 2017 Q1-Q3/2017 Q1-Q3/2016 Change % Turnover, EUR million % Operating Profit, EUR million % 7.2 Operating Profit, Adjusted, EUR million % 22.3 Operating Profit, % Operating Profit, %, Adjusted Net Profit, EUR million % 0.1 Net Profit, Adjusted, EUR million % 15.7 Earnings per Share, EUR % 0.00 Return on Equity, % Equity Ratio, % Net Gearing, % Net Cash Flow from Operations, EUR million % 16.5 Employees (Average) % 3 483

26 Q1-Q3 Turnover and OP development 26

27 Q3/2017 Turnover By Customer Segments 16,8 % 15,8 % Energy & Automation MecTech, Life Science, Environmental Measurement 16,4 % Networks Urban Applications 30,1 % Other Industries 20,9 %

28 Turnover and Operating Profit Q1 Q3/ Q1-Q3 Turnover, MEUR Q1-Q3 Operating profit and operating profit %, adjusted MEUR 7,4 9,3 12,9 14,4 17,6 21, ,1 148,1 164,9 234,5 385,7 385,5 % 5,3% 6,5% 7,8% 6,1% 4,6% 5,6%

29 Turnover and Operating Profit Turnover Operating profit and operating profit % Operating profit and operating profit %, adjusted MEUR 8,1 11,8 16,2 14,4 7,2 MEUR 7,6 12,2 16,4 20,0 22,3 % 4,5% 6,3% 7,6% 3,7% 1,4% % 4,2% 6,5% 7,6% 5,3% 4,4% 0

30 ROE, EPS and DPS ROE Earnings per share Dividend per share 16,0 % 14,0 % 12,0 % 10,0 % 10,6 % 14,0 % 13,8 % 13,6 % 0,30 0,25 0,20 0,21 0,24 0,25 EUR 0,10 0,07 0,08 0,09 8,0 % 6,0 % 4,0 % 7,9 % 8,6 % 0,15 0,10 0,10 0,14 0,15 0,05 0,04 0,05 2,0 % 0,05 0,0 % 0,1 % 0, , , ROE ROE, adjusted EPS EPS, adjusted 30

31 Market Guidance 2017 Scanfil specifies its estimate of its turnover and operating profit in 2017, estimating that the turnover will be EUR million and the operating profit will amount to EUR million

32 Global contract manufacturer and systems supplier