Lindab Group We simplify construction 1 lindab | we simplify - PowerPoint PPT Presentation

lindab | we simplify construction lindab | we simplify construction Lindab Group “We simplify construction” 1

lindab | we simplify construction lindab | we simplify construction One Lindab Rainwater and Building products 1. Lindab Rainline 2. Lindab Seamline Simplifying is our passion, 3. Lindab Topline 4. Lindab IT Solutions ultimate comfort is our vision Building solutions 5. Lindab Construline 6. Lindab Facade Casette 5 4. Lindab IT Solutions 6 14 13 Air Movement 3 1 9 7. Air Handling Unit 2 11 8. Fans Indoor climate solutions 8 10 12 9. Lindab Pascal 10. Lindab Airy 11. Lindab Solus 4. Lindab IT Solutions Ventilation products 12. Lindab ADS Lindab employees 13. Lindab Indomo 1 4. Lindab IT Solutions Contractor/Installer Fire and Smoke 7 14. Lindab Smoke control system 14. Lindab Fire dampers Sales, markets Sales, segments Developer Other markets 4 Building Systems CEE/CIS Lindab employees 3% 13% 21% Contractor/Installer Architect Nordic region Products & Solutions 46% 87% Western Europe 2 30%

lindab | we simplify construction CEO Strategy execution and governance Anders Berg Driving our strategy Legal, HR and M&A Finance, Controlling, IR / Communication Fredrik Liedholm Acting CFO Linda Kjellgren Executive Strategic Product and Marketing Management Management Bengt Andersson Team Business Excellence and IT / IS Operations Christian Svensson Magnus Grönborg Operational Astron Group Sales Region Sales Region Sales Region Sales Region Management board West Europe Mid Europe CEE, Russia North Europe Team Joakim Mette Pascal and New Lönnberg Bröndum Gelugne Markets Rickard Building Lindqvist General management, Systems group Kenneth Market and product, Johnsson group Building Solutions Johan Andersson Sales regions Rainwater and Building Products Ioan Farcas Building Systems, Astron Group structure Ventilation Products Torbjörn Bruzelius Indoor Climate Solutions Niels Christensen Air Movement Jan Hesel Division, Product Management and Country 3 Fire and Smoke Eros Peronato Management

lindab | we simplify construction A long and successful history … 1959 1990 2006 The foundation of the company in Grevie, Sweden Establishment in CEE IPO, OMX Nasdaq Stockholm 2010 2013 2015 The extended Yaroslavl facility opens its doors New CEO. ONE Lindab replaces 3 Business Areas Focus on complete ventilation solutions 4

lindab | we simplify construction … based on a strong foundation Customer success Down-to-earth Neatness and order 5

lindab | we simplify construction … with key responsibilities Society Our most important Fair competition sustainability aspects Anti-corruption Our business Environmental impact of products & services Customer health & safety Product content declarations Environment Financial stability Supplier requirements Materials used in production Greenhouse gas emissions Waste Energy consumption Employees Health & safety Diversity & equality 6

lindab | we simplify construction … and always profitable Sales 12m EBIT 12m (MSEK) (MSEK) Sales EBIT 1959 1980 1990 2000 2005 2010 2014 7

lindab | we simplify construction The largest shareholders 10.3 % CREADES AB 9.1 % Lannebo fonder 6.4 % HANDELSBANKEN FONDER AB RE JPMEL 6.0 % Swedbank Robur fonder 6.2 % Skandia 31 March 2015 8

lindab | we simplify construction 2014 9

lindab | we simplify construction Growth in core business Sales, SEK m Cash Flow, SEK m EBIT, SEK m 7,003 497 278 (6,523) (498) (620) Difference vs +7 % 0 % –55 % last year Large investment in Increased sales activities Unrest in Russian market and market share gain – Building Systems heavily Karlovarska property affected 10

lindab | we simplify construction Important steps towards a leading position New Strategy 5– 8 % 10 % 2.5 New Financial Targets Annual growth Operating margin Net debt/EBITDA Extended Footprint 4 acquisitions 8 new branches in 6 countries NovoClima Klimasystem A/S 11

lindab | we simplify construction A combination of growth oriented and project related business Products & Solutions Building Systems Largest customer/project: 2 % Largest customer/project: 3–10 % Share of sales to developed markets: 98 % Share of sales to developed markets: 48 % (Western Europe, CEE and US) (Western Europe, CEE and US) Share of renovation: 45 % Share of renovation: 0 % 12

lindab | we simplify construction 2012–2014: flat sales; increased efficiency Sales 12m EBIT 12m EBIT 12m Sales 12m (MSEK) (MSEK) EBIT 600 7,250 +12% 497 550 Sales 7,000 0% 498 500 460 6,750 450 407 400 6,500 347 350 6,250 300 6,000 250 0 2010 2011 2012 2014 2013  EBIT L12M SEK 497 m, EBIT margin 7.1% 13 Note: EBIT excl one-off items

lindab | we simplify construction Two different stories… Products & Solutions Building Systems Sales 12m EBIT 12m Sales 12m EBIT 12m EBIT MSEK MSEK +111 MSEK EBIT -107 MSEK 6,250 500 1,100 200 159 471 6,000 900 Sales 100 Sales 100 5,750 +11% 413 -11% 398 400 52 5,500 38 374 700 18 360 5,250 0 5,000 500 300 -100 0 Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 Q4 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 Note: EBIT excl. one-off items 14

lindab | we simplify construction Lindab Life 15

lindab | we simplify construction The best work environment in the industry 17.1 Jan 2012 14.9 12.3 Jan 2013 9.5 Jan 2014 Jan 2015 LTIF specifies the number of accidents per million hours worked. 16

lindab | we simplify construction Our market 17

lindab | we simplify construction 20 000 customers in 60 countries 46% USA 3% 21% 30% 18

lindab | we simplify construction Footprint for customer success 2 LINDAB DISTRIBUTION: Always close, available 29 9 and knowledgeable 2 USA 1 1 1 7 LINDAB PRODUCTION: 1 Always ready, flexible 2 3 and reliable 1 22 8 6 3 3 15 1 7 2 1 Number of knowledge and distribution centers 2 Central production 1 Regional production 19

lindab | we simplify construction Our top 10 markets* 1. Sweden 6. France 2. Denmark 7. Russian 3. UK 8. Poland 4. Germany 9. Finland 5. Norway 10. Switzerland *2014 20

lindab | we simplify construction Our products and solutions 21

lindab | we simplify construction Broad offering of products and solutions Rainwater and Building products Building solutions Air movement Ventilation products Fire and Smoke Indoor climate Complete steel solutions building systems 22 Share of Group sales

lindab | we simplify construction Our Routes to Market 23

lindab | we simplify construction Many and close customer relations CUSTOMERS END USERS STRENGTHEN DISTRIBUTION Residential Added Installers Contractors OEM Distributors Core Optimized Our branches and product products logistics sales offices range 40% 25% 10% 25% Industrial Our production ALWAYS CLOSE, facilities ALWAYS AVAILABLE Commercial R&D facilities Research Solutions Project facilities and Building specifiers Authorities Marine Property managers support and systems & property owners and consultants knowledge DEVELOP SOLUTIONS Our e-Business, software Public solutions and distribution centers sector THE INFLUENCERS 24 Note: % in routes to market refer to Products & Solutions and 15 main markets

lindab | we simplify construction Our branch strategy – quick, close and complete ”Easy access to the branch with competent staff, here I find all the New store concept Showroom Broad range… quality products that I need for my work” New branches …available from stock Good locations Knowledge hub New technology 25

lindab | we simplify construction Working with the influencers ”Unique project planning Solutions for End users Building Project Tools Ventilation Project Tools software makes it easy to Residential Solutions Lindab Revit Tools DIMsilencer visualise and plan the project” Industrial Solutions Lindab ADT Tools CADvent Commercial Solutions Structural Designer LindQST 26

lindab | we simplify construction Our Strategy 27

lindab | we simplify construction Profitable every year since 1959 The journey towards becoming an integrated company CCL Veloduct acquired Butler Europe acquired (Building Clear global Systems) Launch of Gold trends Astron Strategy Dramatic acquired Fittings, distribution decline in (Building and rainline growth Business Areas New flat, sales Systems) main themes created matrix organisation 2000 2005 2010 2015 Back to Basics – World Into the Future Economic crisis Strengthen distribution (2006–2007) Cost-saving and develop solutions “Super cycle programmes Sales acceleration with peak” increased demand for steel roofs, rain water systems and air ducts 28 28

lindab | we simplify construction Five clear trends in the world today impacting Lindabs business We see global drivers for growth Environment, legislation and energy saving Intelligent buildings Environmental aspects are drivers in all trends Innovation in materials and processes Intense pressure for Innovations Growing population and urbanization Global economy patterns 29 29