Half Year Results 2002 13 August, 2002
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z WWW.KONECRANES.COM Q2/2002 results 13.8.2002 1/26 www.kcigroup.com Half Year Results 2002 13 August, 2002
description
Half Year Results 2002 13 August, 2002. Investor Relations. Stig Gustavson, President & CEO, tel.+358-20-427 2000, [email protected] Teuvo Rintamäki, Chief Financial Officer, tel.+358-20-427 2040, [email protected] - PowerPoint PPT Presentation
Transcript of Half Year Results 2002 13 August, 2002
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Half Year Results 200213 August, 2002
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Investor Relations
Stig Gustavson, President & CEO, tel.+358-20-427 2000, [email protected]
Teuvo Rintamäki, Chief Financial Officer, tel.+358-20-427 2040,
Matti Ruotsala, Chief Operating Officer, tel.+358-20-427 2007,
Franciska Janzon, IR, tel.+358-20-427 2043,
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Sales* by Business Area
1-12/01
Total Sales756.3 MEUR
Standard Lifting Equipment
224.3 MEUR27 %
Maintenance Services
369.3 MEUR45 %
Special Cranes227.3 MEUR
28 %
LTM**
Total Sales744.7 MEUR
Standard Lifting Equipment
244.9 MEUR29 %
Maintenance Services
365.2 MEUR44 %
Special Cranes227.3 MEUR
27 %
* Including internal sales**LTM = last 12 months
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Standard Lifting Equipment
208.8 MEUR30 %
Maintenance Services
306.4 MEUR43 %
Special Cranes191.1 MEUR
27 %
LTM
Total Order Intake636.1 MEUR
Order Intake * by Business Area
Standard Lifting Equipment
229.2 MEUR31 %
Maintenance Services
307.2 MEUR41 %
Special Cranes209.6 MEUR
28 %
1-12/01
Total Order Intake679.1 MEUR
* Including internal order intake; excluding service contract base
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Standard Lifting Equipment23.9 MEUR
36 %
Maintenance Services
24.7 MEUR38 %
Special Cranes17.2 MEUR
26 %
Standard Lifting Equipment29.2 MEUR
42 %
Maintenance Services
24.1 MEUR34 %
Special Cranes17.1 MEUR
24 %
LTM
Total Operating income47.8 MEUR
Total Operating income55.3 MEUR
Operating Income * by Business Area
1-12 /01
* before group costs and consolidation items
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Maintenance Services - Sales
0
50
100
150
200
250
300
350Q4Q3
Q2Q1
EU
R m
illio
n
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0
50
100
150
200
250
300
350
Maintenance Services - Order Intake*
*Including internal order intake, excluding service contract base
Q4Q3
Q2Q1
EU
R m
illi
on
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0
5
10
15
20
25
30
Maintenance Services - Operating Income*
* Before Group Costs and Consolidation Items
Q4Q3Q2Q1
EU
R m
illi
on
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173.8169.7
5.2 %5.5 %
0
50
100
150
200
250
300
1-6/01 1-6/02
EU
R m
illi
on
0
2
4
6
8
10
12OI %
369.3367.1
6.8%
0
100
200
300
400
500
LTM/01 LTM/02
EU
R m
illi
on
0
2
4
6
8
10
12OI %
6.7 %
Maintenance Services - Operating Income/Sales
* Before Group Costs and Consolidation Items
Maintenance Services - Sales
Operating Income*
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0
50
100
150
200
250
300
Standard Lifting Equipment - Sales
Q4Q3Q2Q1
EU
R m
illi
on
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Standard Lifting Equipment - Order Intake*
*Including internal order intake 0
50
100
150
200
250
300Q4
Q3
Q2
Q1
EU
R m
illio
n
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Standard Lifting Equipment - Operating Income*
* Before Group Costs and Consolidation Items
0
5
10
15
20
25
30Q4Q3
Q2Q1
EU
R m
illi
on
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96.8117.4
9.2 %
12.1 %
0
50
100
150
200
1-6/01 1-6/02
EU
R m
illi
on
0
2
4
6
8
10
12
14
OI %
258.9224.3
11.2 %10.7 %
0
100
200
300
400
LTM/01 LTM/02
EU
R m
illi
on
0
2
4
6
8
10
12
14
OI %
Standard Lifting Equipment - Operating Income/Sales
* Before Group Costs and Consolidation Items
Standard Lifting - Sales
Operating Income*
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0
50
100
150
200
250
Special Cranes - Sales
Q4Q3
Q2Q1
EU
R m
illi
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Special Cranes - Order Intake*
*Including internal order intake0
50
100
150
200
250
300 Q4Q3Q2Q1
EU
R m
illi
on
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Special Cranes - Operating Income*
-5
0
5
10
15
20
* Before Group Costs and Consolidation Items
Q4Q3Q2Q1
EU
R m
illio
n
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106.6 106.6
6.9 %6.8 %
0
60
120
180
1-6/01 1-6/02
EU
R m
illi
on
0
2
4
6
8
10
12
OI %
227.3229.6
7.6 %8.6 %
0
100
200
300
400
LTM/01 LTM/02
EU
R m
illi
on
0
2
4
6
8
10
12
OI %
Special Cranes - Operating Income/Sales
* Before Group Costs and Consolidation Items
Special Cranes Sales
Operating Income*
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Group Consolidated - Operating Income/Sales
770.3744.7
6.4 %7.3 %
0
300
600
900
LTM/01 LTM/02
EU
R m
illi
on
0
2
4
6
8
OI %
358.4346.8
3.8 %5.8 %
0
100
200
300
400
1-6/01 1-6/02
EU
R m
illi
on
012345678
OI%
Group Sales
Group Operating Income
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13.4
8.6
0
5
10
15
1-6/01 1-6/02
EU
R m
illio
n
Group Consolidated - Net Income
21.8
19.3
36.0
23.4
9.1
35.3
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Group Consolidated - Return on Capital Employed
0
4
8
12
16
20
24
1-6/01 1-6/02
RO
CE
%
0
4
8
12
16
20
24
LTM/01 LTM/02
RO
CE
%20.0%
19.2 %
24.8 %
21.1 %
12.6 %
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Nordic and Eastern Europe
197.0 MEUR26 %
Americas257.6 MEUR
35 %
Asia-Pacific75.4 MEUR
10 %
EU (without Nordic)
214.8 MEUR29 %
Sales by Market*
Nordic and Eastern Europe
183.4 MEUR24 %
Americas277.4 MEUR
37 %
Asia-Pacific81.9 MEUR
11 %
EU (without Nordic)
213.6 MEUR28 %
1-12/01
Total Sales756.3 EURm
LTM
Total Sales744.8 EURm
*Including internal sales
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Sales by Market 1995- Q2/2002
0
50
100
150
200
250
300
1995 1996 1997 1998 1999 2000 2001 Q2/01 Q1/02
EU
R m
illio
n
Americas Asia-Pacific EU (without Nordic) Nordic & Eastern Europe
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Sales by Industry
OEM Crane
Builders 6 %
Others 6 %
Pulp and Paper 8 %
Power Plants
7 %Steel & other warehousing
3 %
General Manufacturing
22 %
1 % Refuse
Handling
Automotive 4 %
PrimaryMetals 10 %
Shipyards 9%
Resellers 7 %
LTM*/2002
Petrochemical 3 % Construction
2 %
Transport, Shipping 2 % OEM
Crane Builders 7 %
Others 6 %
Pulp and Paper 9 %
Power Plants6 %
General Manufacturing
23 %
1 % Refuse
Handling
Automotive 4 %
Primary Metals 10 %
Shipyards 7 %
Resellers 6 %
1-12/2001
Petrochemical 3 % Construction
2 %
Steel & other warehousing
3 %Transport,
Shipping1 %
Harbours 12 %Harbours 10 %
*LTM = last 12 months
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Financial Key Figures
1-6/02% of
Sales 1-6/01% of
Sales 1-12/01% of
Sales
Sales 346.8 358.4 756.3EBITA 15.1 4.4 22.9 6.4 59.4 7.9Operating Income (EBIT) 13.3 3.8 20.7 5.8 55.3 7.3Income before taxes 12.7 3.7 19.6 5.5 52.4 6.9Net Income 8.6 2.5 13.4 3.7 35.3 4.7Return on capital employed (%) 12.6 19.2 24.3Investments 8.0 6.2 11.3Balance Sheet 419.9 452.3 455.9Net interest Bearing debts 59.4 80.0 50.1Gearing (%) 35.4 52.9 28.9
Personnel at end of period 4372 4449 4401
EUR million
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Statement of Income
1-6/2002 1-6/2001 1-12/2001Sales 346.8 358.4 756.3Share of result ofparticipating interestundertakings -0.1 -0.2 -0.3Depreciation -8.0 -8.4 -16.0Other operatingexpenses -325.4 -329.1 -684.7Operating income 13.3 20.7 55.3Interests, net -1.1 -1.7 -3.4Other financial incomeand expenses 0.5 0.6 0.6Income before taxes 12.7 19.6 52.4Taxes -4.1 -6.2 -17.1Net income for theperiod 8.6 13.4 35.3
EUR million
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Consolidated Balance Sheet
6/2002 6/2001 12/2001 6/2002 6/2001 12/2001Non-current assets 99.6 103.6 99.0 Equity 175.0 158.7 180.2Inventories 82.2 114.0 90.8 Minority share 0.1 0.1 0.1Receivables 227.8 224.2 249.3 Provisions 11.2 15.3 12.9Liquid assets and Long-term debt 42.2 40.5 56.0short-term invest 10.3 10.5 16.8 Current liabilities 191.4 237.7 206.7
Total assets 419.9 452.3 455.9Total shareholders’equity and liabilities 419.9 452.3 455.9
EUR million
