Scanfil Group Global contract manufacturer and systems supplier PETTERI JOKITALO, CEO, SCANFIL PLC

Transcription

1 Scanfil Group 2018 Global contract manufacturer and systems supplier PETTERI JOKITALO, CEO, SCANFIL PLC

2 Petteri Jokitalo CEO, SCANFIL PLC Over 25 years of industry experience, including: 2013 CEO, Scanfil Plc Director of Sales & Marketing in Scanfil Managing Director in Meka Pro Director positions in Sales and Business Development in Scanfil Various senior management positions in Finland, China and Switzerland in Nokia Networks Several management positions in YIT 2

3 Scanfil in Nutshell CUSTOMERS ~80 customers Biggest customer represents ~13% of the turnover, 10 biggest ~61% FACTORIES 10 Factories 7 Countries 3 Continents Sweden 2 Finland 1 Estonia 1 Sales MEUR Personnel ~ % Networks & Communication 16% Energy & Automation 16% MedTech, Life Science, Environmental Measurement 32% Urban Application 16% Other Industries China ~950 Poland ~970 Estonia ~570 Finland ~330 Sweden ~340 USA ~100 Germany ~100 USA 1 Poland 2 Germany 1 China 2 3

4 Key Milestones of Our Growth Jorma J. Takanen founded Scanfil Oy Telecom electronics represented 80 % of the sales Merger with Wecan Electronics plc (Sales MEUR 46) Helsinki Stock Exchange Industrial electronics represented 75 % of the sales Acquisition of Schaltex Systems GmbH (sales of MEUR 21) Acquisition of PartnerTech in July 2015 (sales of MEUR 246) years rapid growth period Sales 1991 MEUR 5 Rapid internationalisation to low cost countries: Hungary 2001 Focus on aquiring Industrial Electronics customers Globalization continues Expansion of customer base Sales 2001 MEUR 220 China Suzhou 2002 Position of a system supplier Estonia 2002 China Hangzhou

5 Wide Range of Services CUSTOMER SCANFIL Requirement Specification Industrialization Product Design Vertically Integrated Manufacturing Services End-of-Life After Sales Services 5

6 Solid Foundation for Continous Success Strong performance culture Growing customer segments and well-diversified customer base Continuous focus on operational performance Vertically integrated manufacturing Global factory network with clear factory strategy N O V E MB E R

7 Customer Segments and Megatrends URBAN APPLICATIONS Urbanization Increase in people s wealth Ageing population ENERGY & AUTOMATION Energy efficiency & renewable energy production Urbanization Industrial automation NETWORKS & COMMUNICATIONS Digitalization Increasing significance of telecommunications and wireless solutions MEDTECH, LIFE SCIENCE & ENVIRONMENTAL MEASUREMENT Ageing population Increased prosperity in middle class Interest in well-being Need to predict weather phenomena Monitoring of food, water and air quality OTHER INDUSTRIES IoT 7

8 Global Factory Network with Clear Factory Strategy ÅTVIDABERG, Sweden HAMBURG, Germany MALMÖ, Sweden SIEVI, Finland PÄRNU, Estonia MYSLOWICE, Poland SIERADZ, Poland ATLANTA, USA SUZHOU, China Factories close to customer s R&D Factories close to customer s markets HANGZHOU, China 8

9 Vertically Integrated Manufacturing Services Supply Network Versatile in-house services Complex complete products Development Cable Assembly Electronics,PCBA Enclosures Final Assembly Testing COMPLETE SERVICE OFFERING WITH FOCUS ON HIGH MIX / LOW & MEDIUM VOLUME PRODUCTION 9

10 Best-in-Class performance 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 Common KPI:s ( Key Process Indicators) Annual targets by function For example quality, on time delivery, lead time, productivity Global development organization More than 100 Lean Six Sigma professionals deployed worldwide Standardized global processes and shared best practices 10

11 Strong Performance Culture Focus on customers and performance MEUR % 600 Turnover Operating profit % 12% 500 9,7% 10% Lean cost structure, low fixed costs Quick decisions and strong execution ,5% 4,7% 8,3% 7,9% 5,0% 4,3% 4,5% 6,3% 7,6% 5,3% 4,4% 5,9% 8% 6% 4% 100 2% % 11

12 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 12

13 Urban Applications Elevator and escalator control systems Self-service equipment Game machines 13 Picture: Kone Oyj

14 Energy and Automation Power production and electricity transmission systems Systems related to energy efficiency Systems related to renewable energy 14

15 Medtech, Life Science and Environmental Measurements Equipment related to health-care technology and climate and environmental monitoring 15

16 Networks and Communications Broadband, communication and mobile network equipment and systems 16

17 Global contract manufacturer and systems supplier

18 Turnover and Operating Profit TURNOVER MEUR CAGR 24% OPERATING PROFIT AND OPERATING MARGIN, ADJUSTED MEUR % CAGR 35 31% 12 31, ,3% 8,1 6,3% 11,8 7,6% 16,2 20,0 5,3% 22,3 4,4% 5,9%

19 ROE, EPS and DPS ROE EARNINGS PER SHARE DIVIDEND PER SHARE EUR EUR 22,2% CAGR 32% 0,40 CAGR 22% 0,11 0,09 10,6% 14,0% 3,8 % 13,6 % 0,21 0,09 0,25 0,05 0,07 0,08 7,9% 0,14 0,04 8,6% 0,10 0,15 0,1% ROE ROE, adjusted EPS EPS adjusted 19

20 Stock Price Development 20

21 Future Outlook and Long-term Target FUTURE OUTLOOK LONG-TERM TARGET Scanfil estimates, that its turnover for 2018 will be EUR million and the operating profit will amount to EUR million. In 2020, Scanfil aims to reach sales of EUR 600 million and 7% operating profit level thru organic growth. 21

22 Contact information and analysts PETTERI JOKITALO, CEO MINNA OKSANEN, Communications Director Inderes Oy Antti Viljakainen antti.viljakainen(at)inderes.fi Evli Pankki Oyj Olli Pöyhönen olli.poyhonen(at)evli.com OP Yrityspankki Oyj Hannu Rauhala hannu.rauhala(at)op.fi Nordea Oyj Pasi Väisänen pasi.vaisanen(at)nordea.com

23 Disclaimer Not to be published or distributed, directly or indirectly, in any country where its distribution or publication is unlawful. Forward looking statements: certain statements in this presentation may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of Scanfil Oyj to be materially different from any future results, performance or achievements expressed or implied by such forwardlooking statements. When used in this presentation, such statements use such words as "may," "will," "expect," "anticipate," "project," "believe," "plan" and other similar terminology. New risk factors may arise from time to time and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance and achievements of Scanfil Oyj to be materially different from those contained in forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The forward-looking information contained in this presentation is current only as of the date of this presentation. There should not be an expectation that such information will in all circumstances be updated, supplemented or revised, except as provided by the law or obligatory regulations, whether as a result of new information, changing circumstances, future events or otherwise. 23

24 Global contract manufacturer and systems supplier