Second Quarter 2021

Investor conference call

July 16, 2021

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Innovative Vehicle Solutions

Today's agenda

CEO presentation

Business overview

Financial overview

Summary and Q&A

Presenters

Jean-Luc Desire, President & CEO

Lottie Saks, CFO

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Innovative Vehicle Solutions

New President and CEO

Jean-Luc Desire

  • More than 20 years of global experience from the automotive industry.
  • Focus for the next coming months; performance management, people development, and meeting with customers.
  • Update on the strategic review during the second half of 2021.

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Innovative Vehicle Solutions

Strong organic growth in the second quarter

Commercial Highlights Q2

  • Organic sales growth of 42% compared to Q2 2020 and 5% growth compared to Q1 2021.
  • Continued market recovery.
  • Sales increase compared to previous year driven by America +48% and Europe +53%, while Asia had a negative growth of -10%.
  • All customer segments showed positive development compared to previous year, but larger increase in the OE segment.
  • Joint Venture set up with FAST Group in China.
  • Constrains in the supply chain and great uncertainty about the availability of semiconductors.
  • Agreement with one of the world's largest manufacturers of heavy trucks for our ADB product. Signed after reporting period.

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Innovative Vehicle Solutions

Sales - Group and Regions

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Innovative Vehicle Solutions

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Haldex AB published this content on 16 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 July 2021 08:00:10 UTC.