Scanfil Capital Markets Day
13.00-13.05 IRO Pasi Hiedanpää: Opening and practicalities
13.05-14.05 CEO Christophe Sut: Strategy, financial targets and ESG road map
14.05-14.35 CFO Kai Valo: Financials
14.35-14.50 Break
14.50-15.30 CCO Christina Wiklund: Customer segments and organic growth
15.30-15.50 CDO Riku Hynninen: Dream factory and offering
15.50-16.20 COO Timo Sonninen: Insight into Sieradz factory
16.20-16.30 CEO Christophe Sut: Closing remarks
16.30 Drinks & canapés
Sieradz expansion ground heating wells.
CONFIDENTIAL | 5-Mar-24 | 1 |
Christophe Sut
CEO (as of Septemeber 1, 2023)
Christophe Sut (1973), a French and Swedish citizen. He was previously the President of Manufacturing Solution at Sandvik AB 2021-2023, Executive Vice President of Global Solutions 2016-2021 and Vice President of Business development 2014-2016 at ASSA ABLOY AB, and the Development Director, EMEA at CLIQ 2012-2014. Global Strategic Marketing Manager at Niscayah Group 2010-2012, and various marketing and development roles at ASSA ABLOY AB in Sweden and France 2001-2010. Various marketing roles at ITW Group and SAM Outillage 1997-2001. He holds a Master's degree in Marketing and Sales, and a Bachelor's degree in Languages and Mathematics.
December 31,2023, Christophe Sut held 5,000 shares in Scanfil plc and he has option rights 2022(BI) for 120,000 shares.
Scanfil plc
GEARED FOR GROWTH
Scanfil milestones of growth
Industrial | |||||||
Telecom | Merger with | electronics | |||||
Jorma J. Takanen | represented | Wecan | represented | Acquisition | Acquisition | Acquisition | Turnover >900 |
founded Scanfil Oy | 80% of the sales | Electronics | 75% of the sales | Schaltex | PartnerTech | HASEC | MEUR |
1976 | 1991 | 2001 | 2002 | 2012 | 2014 | 2015 | 2019 | 2023 |
10 years of rapid growth | Rapid internationalization | Focus on Industrial Electronics | Expansion of customer base | High turnover growth |
From 5 to 220 MEUR in sales | to developing countries | customers | over 10% p.a. |
CONFIDENTIAL | 5-Mar-24 | 4 |
Scanfil's footprint
Åtvidaberg, Sweden | Sievi, Finland | |||||||||||
Malmö, Sweden | Pärnu, Estonia | |||||||||||
Atlanta, USA | Wutha, Germany | Myslowice, Poland | Suzhou, China | |||||||||
Sieradz, Poland | ||||||||||||
3 % | 13 % | |||||||
7 % | ||||||||
Poland | 9 % | |||||||
China | 38 % | |||||||
Estonia | Employees | #1 | 45 % | Customers | ||||
Sweden 12 % | #2-10 | |||||||
Finland | The rest |
Germany
The USA | 42 % |
16 % | |
15 % |
CONFIDENTIAL | 5-Mar-24 | 5 |
Over a decade of continuous growth
- Growth is driven by the M&A and organic growth
CAGR 17.3%
1 000
901,6
843,8
750 | 695,7 |
579,4 595,3
508529,9
500
377,3
250
0
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
6
Adjusted operating profit 2014-2023
MEUR | CAGR | |||||||||
70 | 16,0 % | 8,0 % | ||||||||
7,6 % | ||||||||||
60 | 6,7 % | 6,8 % | 6,6 % | 6,8 % | 7,0 % | |||||
50 | 5,9 % | 5,8 % | 6,0 % | |||||||
5,4 % | ||||||||||
5,2 % | 5,0 % | |||||||||
40 | 4,4 % | |||||||||
4,0 % | ||||||||||
30 | ||||||||||
3,0 % | ||||||||||
20 | 2,0 % | |||||||||
10 | 1,0 % | |||||||||
16,2 | 19,6 | 22,3 | 31,3 | 37,8 | 35,3 | 39,1 | 40,3 | 45,4 | 61,3 | |
0 | 0,0 % | |||||||||
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
Operating profit, adjusted | Operating profit %, adjusted |
7
Increasing dividend
- Dividend increased already 11 years in a row
- Scanfil aims to distribute about 1/3 of the earnings per share
CAGR | |||||||||||
14.1% | |||||||||||
0,25 | |||||||||||
0,23 | |||||||||||
0,21 | |||||||||||
0,20 | 0,17 | 0,19 | |||||||||
0,15 | 0,15 | ||||||||||
0,13 | |||||||||||
0,11 | |||||||||||
0,10 | 0,07 | 0,08 | 0,09 | ||||||||
0,05 | |||||||||||
0,00 | |||||||||||
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | ||
Pay-Out Ratio % | 33% | 53% | n/a | 28% | 29% | 34% | 30% | 41% | 39% | 31% |
8
Global EMS market trends
- The Global EMS market was valued at $524.22B in 2022
- The EMS market is expected to reach $769.8B by 2028, growing at a CAGR of 5.79% during 2023-2028
- The market is driven by various factors, including the increasing demand for consumer electronics, the growing complexity of electronic devices, and growing adoption of electronic manufacturing services
EUR bn
800
700
600
500
400
300
200
100
0
Global EMS market
2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |||
Middle East & Africa | South America | |||||||
Asia Pacific | Europe | |||||||
North America | ||||||||
Source: GLOBAL ELECTRONICS MANUFACTURING SERVICES (EMS) MARKET RESEARCH REPORT 2023, Advanced Market Analytics
CONFIDENTIAL | 5-Mar-24 | 9 |
Global EMS market trends - segments/verticals
- Industrial, Medtech & Life Science, Energy & Cleantech amounted to 27.1% of the global EMS market in 2022
- Automotive Electronics and rising demand for Medical Electronics highlighted as segments with very high potential
Source: GLOBAL ELECTRONICS MANUFACTURING SERVICES (EMS) MARKET RESEARCH REPORT 2023, Advanced Market Analytics
5-Mar-24 10
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Scanfil Oyj published this content on 05 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 March 2024 12:36:11 UTC.