jlt mobile computers ab · 2020-01-21 · • remium nordic holding ab ca & market maker •...
TRANSCRIPT
JLT Mobile Computers AB
Per Holmberg, CEO
Annual Shareholder Meeting, World Trade Center Växjö, May 8, 2018
Introduction
IT Equipment in Tough Environments
The JLT Business
Summary of 2017
The JLT Growth Strategy
2
Corporations Faced with Increasing Efficiency Demands
3
E-commerceGlobalization Sustainability Traceability
Competition
IoT
WiFi
LTE
Profitability Expectations
Mobility
Drives Digitilizaton of the Supply Chain
4
Access to business-critical informationin real time
throughout the entire supply chainis imperative to meet efficiency demands
-> IT equipment used in tough environments
Customer Challenges
• IT-equipment must work reliably
–
• Correct installation
• Communication with existing infrastructure
• Integration with ERP and WMS systems
• User acceptance often a generation challenge
• Maintenance and updates
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The JLT Business
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Help customers improve productivity by enabling reliable management of information in demanding
environments
Rugged Vehicle-Mount Computers is our Core Product
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Accessories
Service Level Agreements
Complementary
Products
Professional Services
Core
Product
JLT on a Global Market
USA Office, Chandler AZ
Headquarters, Växjö
Production, Ronneby
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Sales Office, Stockholm
JLT continues to strengthen the sales channel
What Make JLT Unique in the Market?
• Own development, production and service
– Enables us to adapt and customize our offerings
• Global sales channels with sales partners and own sales personnel
– Combines scalability with great customer intimacy
• Solutions with leading products and services
– Allows us to address specific customer requirements better than our competitors
11
Two Types of Business Deals
Running business the core of our operations
Many small and medium-sized orders
Larger project transactions
Individual, major business deals with long complex sales cycles
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The Year 2017
Continued underlaying sales growth
Launch the next generation products
Strengthened the sales channel
13
The Numbers 2017
Order Intake SEK 110.3M (129.5)
Revenues SEK 112.7M (126.9)
Gross Margin 44.0 % (43.2)
Operating Profit SEK 9.3M (13.1)
Operating Margin 8.2 % (10.3)
Profit after Tax SEK 6.8M (10.8)
Dividend SEK 0.15 (0.15)
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Continued Underlying Sales Growth
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3 large project
transactions
4th consecutive year of growth in running business
Services Revenues Increases
Services-related revenues increased to SEK 8.6M from SEK 5.9M previous year (+46%)
– Reserved future revenues in signed service agreements totaled SEK 12.3M (10.7)
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2009 2010 2011 2012 2013 2014 2015 2016 2017
113
10
RevenuesMSEK
EBITAMSEK
78
-8.3
127
14
Re-positioning towards high-end
Positive Long-Term Growth Trend
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Launched Next-Generation Products
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SITL Paris
LogiMAT StuttgartMODEX Atlanta
New JLT6012 – The Essential Logistics Computer
Platform for Future Solutions
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First customer orders are booked
Platform for JLT and partners to
develop future solutions
Preventive maintenance
Screen blanking
Accident prevention
”Black box”
Diagnostic & debugging
Route optimization
And more…
Strengthened the International Sales Channel
• Continued promising results in the USA, USD-revenues grew 4%– Compensated for a SEK 9M project deal booked the year
prior
• Seven new value-add resellers signed to the global partner program*
•
– Increased focus on the Nordics, Benelux, Germany, the UK and strategic customers
– Additional technical sales resources in the US
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* Datema AB (Sweden), Indicium (Belgium), Anixandra Systemy (Poland), East Link Engineering (Sri Lanka),
IDentPrint (Portugal), Kaprio (Morocco), SEDNA (Turkey)
Building on the Positive Momentum
• Long-term customer & service centric growth strategy
– Objective to win a larger share of existing customers and markets
• Key drivers
– Focus on core operationsby customers
– Maturing markets
– Build on the JLT expertise, products and customer relations
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Core Products
Complementary Products
Accessories
Services
Solutions
Customers
Strong Start of 2018
Order Intake SEK 32.7M (26.0)
Revenues SEK 32.2M (27.7)
Gross Margin 44.0 % (44.7)
Operating Profit SEK 3.2M (2.6)
Operating Margin 10.0 % (9.4)
Profit after Tax SEK 2.4 MSEK (1.9)
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First quarter
The JLT Share
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• Listed on First North
– ISIN SE0000725624
• Remium Nordic Holding AB CA & market maker
• Number of shares 27 902 000
– Options outstanding: 1,000,000 expiring June 2018, exercise price of SEK 3.17
• Turn over 2017
– 20.9 (18.8) million shares (75% of total)
• Proposed dividend SEK 0.15
Summary
Total revenues 2017 down from 2016, but running business and services-related revenues
increased
We continue to build on the positive momentum with a customer and service
centric growth strategy
- Transition from products to solutions
- Strengthened sales channel
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