KCI Konecranes in Short

Report
First Quarter Results 2002
7 May, 2002
z WWW.KONECRANES.COM
1/26
www.kcigroup.com
Q1/2002 results 7.5.2002
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]
z WWW.KONECRANES.COM

Matti Ruotsala, Chief Operating Officer, tel.+358-20-427 2007,
[email protected]

Franciska Janzon, IR, tel.+358-20-427 2043,
[email protected]
2/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Sales* by Business Area
LTM
1-12/01
Special Cranes
227.3 MEUR
27 %
Special Cranes
232.3 MEUR
28 %
Maintenance
Services
366.5 MEUR
44 %
z
Maintenance
Services
WWW.KONECRANES.COM
365.2 MEUR
44 %
Standard Lifting
Equipment
233.3 MEUR
28 %
Total Sales
751.3 MEUR
Standard Lifting
Equipment
244.9 MEUR
29 %
Total Sales
756.3 MEUR
* Including internal sales
3/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Order Intake * by Business Area
LTM
1-12/01
Special Cranes
159.3 MEUR
23 %
Special Cranes
209.6 MEUR
28 %
Maintenance
Services
307.2 MEUR
41 %
Maintenance
Services
310.6 MEUR
45 %
z WWW.KONECRANES.COM
Standard Lifting
Equipment
218.0 MEUR
32 %
Total Order Intake
619.4 MEUR
Standard Lifting
Equipment
229.2 MEUR
31 %
Total Order Intake
679.1 MEUR
* Including internal order intake;
excluding service contract base
4/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Operating Income * by Business Area
LTM
1-12 /01
Special Cranes
17.9 MEUR
26 %
Special Cranes
17.1 MEUR
24 %
Maintenance
Services
24.1 MEUR
34 %
Maintenance
Services
23.9 MEUR
35 %
z WWW.KONECRANES.COM
Standard Lifting
Equipment
26.9 MEUR
39 %
Total Operating income
54.3 MEUR
Standard Lifting
Equipment
29.2 MEUR
42 %
Total Operating income
55.3 MEUR
* before group costs and consolidation items
5/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Maintenance Services - Sales
350
Q4
Q3
Q2
Q1
300
200
150
z WWW.KONECRANES.COM
100
50
0
19
97
19
98
19
99
20
00
20
01
20
02
EUR million
250
6/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Maintenance Services - Order Intake*
350
Q4
Q3
Q2
Q1
300
200
z WWW.KONECRANES.COM
150
100
50
*Including internal order intake
Excluding service contract base
0
19
97
19
98
19
99
20
00
20
01
20
02
EUR million
250
7/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Maintenance Services - Operating Income*
30
Q4
Q3
Q2
Q1
25
15
z WWW.KONECRANES.COM
10
5
* Before Group Costs and
Consolidation Items
0
19
97
19
98
19
99
20
00
20
01
20
02
EUR million
20
8/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Maintenance Services - Operating Income/Sales
Maintenance Services Sales
Operating Income*
300
12
250
10
200
8
150
4.7 %
4.4 %
100
50
6
OI %
500
81.4
0
1-3/01
12
6.4 %
400
6.5 %
10
8
z WWW.KONECRANES.COM
300
4
80.1
EUR million
EUR million
OI %
6
200
359.7
366.5
4
2
100
2
0
0
0
1-3/02
LTM/01
LTM/02
* Before Group Costs and Consolidation Items
9/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Standard Lifting Equipment - Sales
300
Q4
Q3
Q2
Q1
250
EUR million
200
150
z WWW.KONECRANES.COM
100
50
0
7 98 99 00 01 02
9
19 19 19 20 20 20
10/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Standard Lifting Equipment - Order Intake*
300
Q4
Q3
Q2
Q1
200
150
z WWW.KONECRANES.COM
100
50
*Including internal order intake
0
19
97
19
98
19
99
20
00
20
01
20
02
EUR million
250
11/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Standard Lifting Equipment - Operating Income*
30
Q4
Q3
Q2
Q1
20
15
z WWW.KONECRANES.COM
10
5
* Before Group Costs and
Consolidation Items
0
19
97
19
98
19
99
20
00
20
01
20
02
EUR million
25
12/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Standard Lifting Equipment - Operating Income/Sales
Standard Lifting Equipm. Sales
Operating Income*
OI %
OI %
150
12.4 %
100
48.0
0
10.1 %
300
10
8 z WWW.KONECRANES.COM260.5
200
6
4
59.6
12
10
233.3
8
6
100
4
2
0
0
2
0
1-3/01
14
11.5 %
12
10.6 %
50
400
14
EUR million
EUR million
200
LTM/01
1-3/02
LTM/02
* Before Group Costs and Consolidation Items
13/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Special Cranes - Sales
250
Q4
Q3
Q2
Q1
150
z WWW.KONECRANES.COM
100
50
0
19
97
19
98
19
99
20
00
20
01
20
02
EUR million
200
14/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Special Cranes - Order Intake*
Q4
Q3
Q2
Q1
300
200
150
z WWW.KONECRANES.COM
100
50
*Including internal order intake
0
19
97
19
98
19
99
20
00
20
01
20
02
EUR million
250
15/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Special Cranes - Operating Income*
20
Q4
Q3
Q2
Q1
10
z WWW.KONECRANES.COM
5
0
* Before Group Costs and
Consolidation Items
19
97
19
98
19
99
20
00
20
01
20
02
EUR million
15
-5
16/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Special Cranes - Operating Income/Sales
Special Cranes Sales
Operating Income*
OI %
400
12
10
120
6.4 %
5.2 %
8
6
60
4
42.2
47.2
0
EUR million
EUR million
180
OI %
300
10
8.0 %
7.7 %
z WWW.KONECRANES.COM
2
200
205.1
232.3
1-3/02
8
6
4
100
0
1-3/01
12
2
0
0
LTM/01
LTM/02
* Before Group Costs and Consolidation Items
17/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Group Consolidated - Operating Income/Sales
Group Sales
Group Operating Income
OI %
OI%
EUR million
4.6 %
100
4.1 %
163.9
158.9
0
1-3/01
1-3/02
6.3 %
900
8
7
6
600
5 z WWW.KONECRANES.COM
740.3
4
3
300
2
1
0
0
LTM/01
EUR million
200
7.2 %
8
6
751.3
4
2
0
LTM/02
18/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Group Consolidated - Net Income
10
23.4
EUR million
21.8
36.0
35.3
z WWW.KONECRANES.COM
5
19.3
4.7
4.2
9.1
0
'1-3/01
1-3/02
19/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Group Consolidated - Return on Capital Employed
26.3%
24
24
16
20
15.2%
20.0%
12.8%
12
8
ROCE%
ROCE%
20
z WWW.KONECRANES.COM
16
12
8
4
4
0
0
1-3/01
22.8%
1-3/02
LTM/01
LTM/02
20/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Sales by Market*
LTM
1-12/01
Nordic and
Eastern Europe
187.7 MEUR
25 %
Americas
266.0 MEUR
35 %
Americas
277.4 MEUR
37 %
Nordic and
Eastern Europe
183.4 MEUR
24 %
z WWW.KONECRANES.COM
EU
(without Nordic)
216.5 MEUR
29 %
Asia-Pacific
81.2 MEUR
11 %
EU
(without Nordic)
213.6 MEUR
28 %
Asia-Pacific
81.9 MEUR
11 %
Total Sales
751.4 EURm
Total Sales
756.3 EURm
*Including internal sales
21/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Sales by Market 1995-2001
300
250
EUR million
200
150
z WWW.KONECRANES.COM
100
50
0
1995
1996
Americas
1997
1998
Asia-Pacific
1999
2000
Western Europe
2001
Q1/01
Q1/02
Nordic & Eastern Europe
22/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Sales by Industry
LTM/2002
1-12/2001
Petrochemical
Petrochemical
Automotive 4 % 3 % Construction
Automotive 3 % 3 % Construction
2%
2%
General
Pulp and Paper
Pulp and
General
Manufacturing
9%
Paper 9 %
Manufacturing
23 %
23 %
Power
Power Plants
Plants
6%
Steel & other
6 % z WWW.KONECRANES.COM
Steel & other
warehousing
warehousing
Resellers
Resellers
3%
3%
6%
5%
Transport,
Transport,
OEM
Shipping
Shipping 2 %
OEM
Crane
1%
Crane
Builders
Builders 7 %
Shipyards 7 %
Shipyards 7%
7%
Primary
Metals 10 %
Primary Metals
Harbours 12 %
Harbours 13 %
Others 6 %
10 %
Others
1%
1%
6%
Refuse
Refuse
Handling
Handling
23/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Financial Key Figures
EUR million
1-3/02
Sales
EBITA
Operating Income (EBIT)
Income before taxes
Net Income
Return on capital employed (%)
Investments
Balance Sheet
Net interest Bearing debts
Gearing (%)
Personnel at end of period
% of
Sales
% of
1-3/01 Sales
158.9
163.9
7.6
4.8
8.7
6.6
4.1
7.6
6.2
3.9
6.8
4.2
2.6
4.7
z WWW.KONECRANES.COM
12.8
15.2
4.7
3.6
411.0
434.1
40.1
67.8
24.5
47.8
4345
4421
5.3
4.6
4.2
2.8
% of
1-12/01 Sales
756.3
59.4
55.3
52.4
35.3
24.3
11.3
455.9
50.1
28.9
4401
7.9
7.3
6.9
4.7
24/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Statement of Income
EUR million
Sales
Share of result of
participating interest
undertakings
Depreciation
Other operating
expenses
Operating income
Interests, net
Other financial income
and expenses
Income before taxes
Taxes
Net income for the
period
1-3/2002
158.9
1-3/2001
163.9
1-12/2001
756.3
-0.1
-4.1
-0.3
-16.0
-152.1
-148.2
7.6
z6.6
WWW.KONECRANES.COM
-1.0
-0.6
-684.7
55.3
-3.4
0.2
6.2
-2.0
0.2
6.8
-2.1
0.6
52.4
-17.1
4.2
4.7
35.3
-0.1
-4.0
25/26
www.kcigroup.com
Q1/2002 results 7.5.2002
Consolidated Balance Sheet
EUR million
Non-current assets
Inventories
Receivables
Liquid assets and
short-term invest
Total assets
3/2002
100.4
83.2
213.6
3/2001
105.0
110.1
209.9
13.8
9.1
411.0
434.1
12/2001
99.0 Equity
90.8 Minority share
249.3 Provisions
Long-term debt
Current liabilities
z16.8
WWW.KONECRANES.COM
Total shareholders’
455.9 equity and liabilities
3/2002
171.3
0.1
12.4
42.2
185.0
3/2001
149.4
0.1
15.0
40.2
229.4
12/2001
180.2
0.1
12.9
56.0
206.7
411.0
434.1
455.9
26/26
www.kcigroup.com
Q1/2002 results 7.5.2002

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