annual general meeting 2014 - investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26%...

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Annual General Meeting 2014 Fredrik Tumegård, CEO

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Page 1: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

Annual General Meeting 2014 Fredrik Tumegård, CEO

Page 2: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

NET SALES 280.8 MSEK

SALES 2013

66% 26%

8%

EMEA Americas APAC

SALES DISTRIBUTION SEGMENTS

0

50

100

150

200

250

300

350

2009 2010 2011 2012 2013

MSE

K

Net sales

Page 3: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

BUSINESS AREAS SALES 2013

80%

17% 3%

BMN DTT Cable TV & IPTV

SALES DISTRIBUTION BUSINESS AREAS

Broadcast & Media Networks

Digital Terrestrial Networks

Cable TV & IPTV

Page 4: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

OPERATING EARNINGS 2013

-15 -10

-5 0 5

10

2012 2013 MSE

K

Operating earnings Operating earnings, adjusted for one-time items

Operating Earnings, adjusted for one-time items of 8,9 (5,7) MSEK

Page 5: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

CASH FLOW 2013

Total Cash Position 204 MSEK

-20

-10

0

10

20

2012 2013

2012 2013

Total Cash Flow of 17,9 (-10,4) MSEK

MSE

K

Page 6: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

Key customer expansion

EBU Arqiva

OBS Hibernia The

Switch KPN

Teracom

Page 7: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

New master distributor in

China

+20 customer

Page 8: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

OBS Winter Games

Data Services

Page 9: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

Customer references in the Russia

market

VGTRK

Rostelecom

Page 10: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

VALUE DRIVERS

Growth Market

Global Reach

Innovative Technology

Page 11: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

TV & Media Market in Transformation

Page 12: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

Issues

TV consumption OTT – TV Everywhere

Live-non-live Multi-screen

Network IP-migration

SDN New formats

Work Automation Remote

Occasional Use File-based production

Trends Net Insight Solutions

Customer and service separation

Bandwidth Reservation

Automated service establishment

Network Complexities

QoS

Total cost of ownership

SLA

Page 13: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

50 qualified partners

worldwide

30% of Net Sales is invested in Research & Development

+140 Employees with

high educational standard

200 customers

over the globe

60 countries

Page 14: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

• Grow existing business within BMN and DTT

• Moving to a sales and market oriented company • Increase revenue with new products in existing segments

• Take a clear position in the new media landscape

• Leverage new innovative media and data concept

• Strong financial position

• Value creation/M&A to continuously be evaluated

Strategic Focus

Page 15: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150

19% SALES GROWTH YEAR-over-YEAR

FIRST QUARTER 2014

Q1’14 Q1’13 YoY %

Net Sales, MSEK 74.4 62.4 19.3

Gross Margin, per cent 58.2 55.8 -

Operating Earnings, MSEK 3.5 -5.0 -

Operating Margin, per cent 4.7 -8.0 -

Earnings per Share, SEK 0.01 -0.01 -

Cash flow, MSEK 8.4 -7.6 -

Page 16: Annual General Meeting 2014 - Investors · 2015. 7. 14. · net sales 280.8 msek . sales 2013 . 26% 66% 8% emea americas apac sales distribution . segments . 0 . 50 . 100 . 150