HMS Networks Q1 2024 presentation

Staffan Dahlström, CEO, Joakim Nideborn, CFO

April 16, 2024

Hardware Meets Software

Agenda

Summary and introduction

Business update

Acquisition of Red Lion Controls complete

Financial results

Q&A

Financial summary of Q1 2024 and R12

Q1 summary

  • Net sales 616 MSEK (773), -20%
  • Order intake 473 MSEK (682), -31%
  • EBIT 130 MSEK (211) (Adj. 133)
  • EBIT margin 21.1% (27.4) (Adj. 21.6)
  • Cash flow from ops. of 58 MSEK (155)
  • EPS 2.28 (3.70) (Adj. 2.35)

R12

  • Net sales 2,868 MSEK (2,762), +4%
  • Order intake 2,094 MSEK (2,889), -28%
  • EBIT 672 MSEK (725) (Adj. 698)
  • EBIT margin 23.4% (26.2) (Adj. 24.3)
  • Cash flow from ops. of 422 MSEK (506)
  • EPS 10.82 SEK (12.17) (Adj. 11.38)

HMS Playing Field - Overall Market Segments

Industrial

Building

Automation

Automation

Manufacturing

Transportation &

Power & Energy

Infrastructure

Ports, Marine,

Power Generation,

Commercial buildings,

Factory Automation,

Utilities, Data Centers,

Power Distribution,

Industrial buildings,

Process Automation

Material Handling,

Power Management

Hotels, Offices, Retail

Warehousing etc.

Industrial Information and Communication Technology Solutions

Two main customer groups - Makers and Users

Makers of industrial equipment

Users of automation systems

Different market channels for Makers and Users

Makers of industrial equipment

Users of automation systems

Device

manufacturers

44% of revenue

Design Wins

Direct Sales

Machine builders

25% of revenue

Specified as standard

or

option in BOM

Direct Sales &

Distribution

Revenue

Business model

Go-to-market

End users &

System integrators

31% of revenue

Project Sales

Product Sales

Distributors

E-Commerce

HMS Strategic framework until 2025

Organic growth

M&A

People

Planet

Organic growth

M&A

People

Operational Efficiency

Sales Excellence

Planet

Operational Efficiency

Sales Excellence

HMS Strategic Targets 2025

Agenda

Summary and introduction

Business update

Acquisition of Red Lion Controls complete

Financial results

Q&A

Attachments

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Disclaimer

HMS Networks AB published this content on 15 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 April 2024 06:02:02 UTC.