Fasadgruppen has over the past year optimised its operations to fully capitalise on the market drivers going forward with a focus on increasing margins and cash flow in existing businesses. With the company's strong cash flow profile, the Group intends to reduce its leverage from current levels back to the target of below 2.5x. At the same time, there are many opportunities for growth both organically and through acquisitions in the Nordics and the UK. The company has a previously stated ambition to achieve net sales of SEK 10 billion with an adjusted EBITA margin of at least 10 percent by 2028, and intends to continue to execute towards this target.

The company reiterates its financial targets in connection with the Capital Markets Day. The company will achieve average net sales growth of at least 15 percent per year over a business cycle (organic and through acquisitions), profitability measured as EBITA margin of at least 10 percent per year over a business cycle, cash conversion of 100 percent and a net debt to adjusted EBITDA ratio below 2.5 (with temporary deviations, for example in connection with major acquisitions).

During the Capital Markets Day, representatives from the recently acquired Clear Line will present their business. The Group will also give an overview of Fasadgruppen and Clear Line together. Fasadgruppen's order backlog as of Q3-24 together with Clear Line amounts to approximately SEK 3.9 billion. The total number of projects with an order value of over SEK 50 million increases from 9 to a total of 22 within the Group, while the average project size increases marginally to approximately SEK 4 million. In total, there are 15 subsidiaries in the group with sales exceeding SEK 120 million.

Martin Jacobsson, CEO of Fasadgruppen said: “After almost four years as a listed company, we look forward to presenting a deep dive into our strategy going forward. Our main priorities are increased profitability, reduced leverage and continued growth, where we over the past year have laid important building blocks through an optimised organisation, organic initiatives and selective strategic acquisitions for strong delivery going forward. We are positive about the future both thanks to the strategic activities we have implemented as well as a coming market recovery with strong underlying drivers such as energy efficiency and a large property portfolio with deferred maintenance.”

Follow the presentations here: https://ir.financialhearings.com/fasadgruppen-capital-markets-day-2024