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Q2: STRONG GROWTH AND MARGIN IMPROVEMENT CONTINUES

Konecranes reports continued strong growth and margin improvement in Q2 2006. Key highlights include new executive appointments, acquisition of MMH Holdings, and positive EPS impact. The company forecasts robust sales growth and margin development for the full year 2006. For comprehensive financial information and future outlook, contact Konecranes executives.

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Q2: STRONG GROWTH AND MARGIN IMPROVEMENT CONTINUES

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  1. Q2: STRONG GROWTHAND MARGIN IMPROVEMENTCONTINUES 3 August, 2006 Pekka Lundmark, President & CEO

  2. Orders Received Meur 4 0 0 3 5 0 3 0 0 2 5 0 2 0 0 1 5 0 1 0 0 5 0 0 Q2/04 Q2/02 Q3/02 Q4/02 Q1/03 Q2/03 Q3/03 Q4/03 Q1/04 Q3/04 Q4/04 Q1/05 Q2/05 Q3/05 Q4/05 Q1/06 Q2/06 Q1/02

  3. Standard Lifting Equipment Maintenance Services Special Cranes Order Book by Business Area MEUR 700 600 500 400 300 200 100 0 Q1/05 Q2/05 Q3/05 Q4/05 Q1/06 Q2/06

  4. New President, Region EMEA Appointed • Pierre Boyer (46), graduate from HEC, France • President, Region EMEA and member of the KCI KonecranesExecutive Board effective 1 Sept, 2006 • Currently head of Carrier Corporation’s Refrigeration operations in the Nordic, Netherlands and EMEA areas

  5. New Director, Marketing & Communications Appointed • Michael Wegmüller (40), M.Sc. (Econ.) • Director, Marketing & Communications and member of the Konecranes Executive Board effective 18 Sept, 2006 • Currently Chief Operating Officer at Publicis Helsinki

  6. New Investor Relations Manager Appointed • Paul Lönnfors (43), B.Sc. (Econ.) • Investor Relations Manager effective as of 1 Sept, 2006 • Currently Communications & IR Manager at KONE Corporation

  7. Acquisition of MMH Holdings, Inc. • MMH figures included into KCI Konecranes for 1 month • MMH Sales FY October 2005 apprx. 140 MEUR • Debt-free acquisition price apprx. 56 MEUR • Expected sales in June-December 2006 apprx. 90 MEUR,EBITDA margin expected at 8% and EBIT margin at 6% • Expected positive EPS effect in 2006 of EUR 0.03, annualised the effect before synergies is EUR 0.06 • Employs apprx. 990 people • Leading P&H brand name • Complementary product offering • Large installed base to boost Maintenance Services in North America • Local presence in USA, Canada, Mexico and Chile

  8. Acquisition of MMH Holdings, Inc. Complements the Offering • Good position in Steel, Nuclear Power and Wood Handling Nuclear Dome Crane Coil Handling Crane Hot Metal Ladle Crane

  9. Net Sales

  10. EBIT EBIT Margin Operating Profit and Margin

  11. LTM Sales LTM EBIT Margin LTM Sales and Operating Margin

  12. Sales Split by Business Area, % LTM 2005 Standard Lifting Service Heavy Lifting Note: Sales numbers include internal sales

  13. Sales by Market Area, % LTM 2005 Asia-Pacific Nordic & Eastern Europe Americas EU (w/o Nordic)

  14. Sales by Industry LTM, % Petrochemical 3 % Steel & other warehousing 3 % Pulp and paper 5 % Power plants 4 % General Manufacturing 21 % Resellers 10 % OEM crane builders 4 % LTM Automotive 3 % Construction 2 % Primary metals 16 % Transport, Shipping 6 % Aviation, Aerospace 1 % Shipyards 3 % Harbours 13 % 1 % Refuse Handling Others 5 %

  15. Sales by Industry LTM, %

  16. Maintenance Services Orders

  17. Growth in Maintenance Contract Base

  18. Maintenance Sales

  19. EBIT EBIT Margin Maintenance Operating Profit and Margin

  20. LTM Sales LTM EBIT Margin Maintenance LTM Sales and Operating Margin

  21. MEUR 180 160 140 120 100 80 60 40 20 0 Q1/02 Q2/02 Q3/02 Q4/02 Q1/03 Q2/03 Q3/03 Q4/03 Q1/04 Q2/04 Q3/04 Q4/04 Q1/05 Q2/05 Q3/05 Q4/05 Q1/06 Q2/06 Standard Lifting Equipment Orders

  22. MEUR 160 140 120 100 80 60 40 20 0 Q1/02 Q2/02 Q3/02 Q4/02 Q1/03 Q2/03 Q3/03 Q4/03 Q1/04 Q2/04 Q3/04 Q4/04 Q1/05 Q2/05 Q3/05 Q4/05 Q1/06 Q2/06 Standard Lifting Equipment Sales

  23. EBIT EBIT Margin MEUR 16 12% 14 10% 12 8% 10 8 6% 6 4% 4 2% 2 0 0% Q1/02 Q2/02 Q3/02 Q4/02 Q1/03 Q2/03 Q3/03 Q4/03 Q1/04 Q2/04 Q3/04 Q4/04 Q1/05 Q2/05 Q3/05 Q4/05 Q1/06 Q2/06 * 2004 - 2005 according to IFRS Standard Lifting Operating Profit and Margin

  24. LTM Sales LTM EBIT Margin MEUR % 500 12 11 450 10 400 9 8 350 7 300 6 5 250 4 200 3 2 150 1 100 0 Q1/02 Q2/02 Q3/02 Q4/02 Q1/03 Q2/03 Q3/03 Q4/03 Q1/04 Q2/04 Q3/04 Q4/04 Q1/05 Q2/05 Q3/05 Q4/05 Q1/06 Q2/06 Standard Lifting LTM Sales and Operating Margin

  25. Special Cranes Orders

  26. Special Cranes Sales

  27. EBIT EBIT Margin Special Cranes Operating Profit and Margin

  28. LTM Sales LTM EBIT Margin Special Cranes LTM Sales and Operating Margin

  29. Net Income

  30. Return on Capital Employed

  31. Return on Equity

  32. Guidance Full Year 2006 • At the moment we see no signs of slowing demand. • Full year sales growth is expected to be 40-45 %. • The positive margin development is expected to continue.

  33. Statement of Income * According to estimated tax rate

  34. Balance Sheet

  35. Cash Flow Statement

  36. Net Cash Flow from Operating Activities/Share

  37. Key Figures

  38. Pekka Lundmark, President and CEOtel. +358-20 427 2000 or pekka.lundmark@konecranes.com • Teuvo Rintamäki, Chief Financial Officertel.+358-20-427 2040 or teuvo.rintamaki@konecranes.com • Paul Lönnfors, Investor Relations Managertel.+358-20-427 2050 or paul.lonnfors@konecranes.com www.konecranes.com

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