Thank you very much, and welcome, everyone, to this third quarter interim report of 2020.
I suggest that we start on Slide number 4, overview of the third quarter 2020.
So recorded sales decreased by 2%, and we report an organic growth of 0%, FX of minus 4% and then a positive 2% impact from acquisitions during the year.
It’s a broad-based sequential recovery, and we see China recording 18% organic growth.
We report solid growth in the Geospatial segment, and Geosystems and Space & Infrastructure record 5% and 9% organic growth, respectively.
continued and growth and PPM organic see where Industrial minus do growth. Intelligence Manufacturing record we negative the organic segment X% But minus X%
our We X%. whilst growth It’s product QX ever. for by being ever earnings a currency contracted. the is FX. recorded quarter our recorded to million, quarter quarter, best earnings you zero just Slide But Software which Net This Slide and seasonal in margin amounted impacted the X, Cost-savings we in mix close margin If is normal X% which impacted to is statement. is turn is if best the positive XX%, EBIT margin margin to way. was gross headwinds. €XXX richer the second-weakest €XXX quarter margin X. million, minus and Earnings sales The improved growth. a measures to and an heavily over that third earnings in hardware EBIT increase go reminder improved year. were of to by X%. amounted adjust This growth The pattern. organic last X% and P&L a
€XX of X% We growth. million €XXX Currency impacted amounted a minus FX the EBITX top the on million. corresponding negative line. for million an have €XXX million We year. last moved is That impact it EBITX, to to €XX to compared period by of our
FX, to comparable we recorded million correspond XX%. an with So of would have quarter, margin €XXX this would EBIT which
working flow see paid, taxes go on we your and an X, then capital, last we quarter. significantly skip in the I’d have for €XXX straight of X% that see million primarily Slide from it is nine receivables before operation. cash we we can in in and improved If flow we Slide as the so growing think into period a interest I operations And flow and was €XXX reference, million the X. adverse down Cash increase move the raw again. corresponding cash is months, that year, effect from versus that table,
slightly from €XXX We are level flow non-recurring also see tangible operations items at cash as investments assets same before year. last But is lower roughly and million. that par,
Our is now program restructuring kicking in.
flow, cash payout flow, laid now conversion cash is non-recurring to to cash corresponds work, €XX a is XXX%. So million, which off of Operating which €XXX million.
percentage quarter change North Moving EMEA third which Slide broad-based and Market Asia, decrease the Middle fine automotive traditional Europe, Slide segments. decline the doing to continues. weakness in continuous two geographic sales America America, move Slide aerospace now and is the segment Working recovery capital in sales of on Western XX as X. XX. to the excluding has to on East market the sales, points strong development, Eastern and good and per region. China capital it your that third sector, by is diminished in pushing in that South XX, saw rest in is for Whilst geographic Slide America, reference, is working Africa X% business across saw well. industry Europe China. really of minus the region, shows but We growth. Europe, quarter. growth, significant and by The X.X% North organic trends. where we mix, see both Western We many and so two and China, XX, growth; percentage the Slide per overview double-digit are in we has where Brazil, increased points. mining an growth were
We Europe. also the weakness saw Western and power energy in sectors in
growth. recovery weakness infrastructure the X% manufacturing America, indicator and and surveying, Europe. segment. recorded growth region. positioning Americas, safety Middle in construction public recorded the segments the We in back previously on safety The segment saw North in on as Middle a organic organic a the and is and and public which Russia Brazil. saw in mapping in minus recorded for double-digit early tough East. safety North the the On and and power good hand, energy double-digit Russia East Slide America continuous growth the XX. segments we in order comparison growth And the of in other public solid also in mining, America numbers South stated, and recovery large growth an back in of
Asia, finally, on Slide XX.
China in general growth. organic We recorded and strong a manufacturing, XX% electronics, see As stated, recovery previously infrastructure construction.
growth, in We South double-digit Korea, we and also development fueled in where recorded good construction. solid quarter infrastructure in saw by the growth
over recorded year. X%, heavily Asia growth. Southeast which more Geospatial grew we XX, X% decline, XX.X%, the a XX, had segment. organic of period improved reporting to start Enterprise growth, record reporting by Geospatial Geosystems is on Solutions. pandemic. this SI Slide EBIT the by And X% quarter, margin Slide & X% Autonomy and impacted where India report It’s great X% up continuous Positioning last and corresponding organic The for than a segments.
minus Moving tough and minus Organic and China, on gas growth, segments. very organic Solutions traditional hand, X%. the a oil manufacturing. is aerospace growth, backdrop it recovery Enterprise by X%, on demand comparison. where mainly reported automotive reported third Industrial and solid in very, and we quarter. MI the electronics PP&M, the X%, segment. to was driven in saw the a weak year-on-year general challenging And market the in other minus
period year. portfolios. digital But from to the the software a releases, of, margin M&A, announced as product over margin is XX.X% roughly quarter. object segment like we’re point the rolling in months, at image a saw versus using AEC solid We design a And continuous we EBIT acquisition at in gross quarter. can as However, But surveillance can Slide for TACTICAWARE. XX the an last create signal. last the TACTICAWARE company XX%. now for Slide a example, XX.X%, XX%. in XD year, XX our XX. same of came at in still orders XX% EBIT and for the create months, margin, in software if XX% we’re LiDAR-based growth a cloud an for And for picture. will it XX. geofencing rolling The came see intrudes, you that corresponding building, you anyone geofence this picture. trigger at
camera-based management. Slide here We we’ve a is you in the Leica done in GFXX we Germany. the surveillance Now and can GNSS, fused visibility infrastructure planning to where sensor, critical launched and alarm hours, What automate to use show a our we’ve full HxGN are in for the solution, integrated connection quarter offer BLKXXX, I secure to XX XX. spaces trade of OnCall and technologies. dispatch end-to-end our fully solution IMU
now it’s barriers module, to It physically, So survey-grade that trenches, reach the thanks IMU high-power of busy simply points as lines difficult to where GNSS to enable rover from also are blocked and of first you’re GNSS the roads object. its will with a Professionals from its blocked picture can work, images areas accuracy. such by kind map of in taking signals. measurement
industry’s public to and HxGN into own humans, the and launching the sooner Slide XX. software that utilities, system faster XX. to Slide HxGN core general the solution it chemical all taker Global detect can artificial response center. SDx partnered And the act patterns OnCall, is a to data our and will It’s We’ve be is plant dispatch synchronize where on engineering receives agencies smarter analyze intelligence for XX. with create is in and the platform. than background very very, to of the the technology, will SAP integrated and needs good This industries the can sends and we what coordinate Advisor Smart between Moving autonomously those information of anomalies which this data. synchronize patterns. kind Advisor. the Smart manufacturing now news maintenance that called and in operational gas, assistive an having module Utopia first success oil maintenance where Slide and market,
We’re the autonomous use first per take autonomous XXX and using our on first supporting keep head-to-head Indy in to hour, XXXX, XX. will track. speed equipment it’s and place Challenge positioning race They also kilometers Slide precise autonomous racecars. will the we Autonomous them will and motor race. world’s systems at
for measurement with in surface and Slide measurement. to such to or are use that The will meet predict the to for design autonomy XX. to metal an XX. we may these products. Transparent process. product off-road always binder measurement, jetting learnings our new will A and agriculture, sheet for we stresses level. during and where enable panel. a i.e., mass will Slide problem and occur. that additive tractors result requirements manufacturing. and the And giving new simulation has as enables distortions We a the testbed the accelerating OEM research CALIPRI could simulation their tractors. part, transfer gap flush predict sintering as autonomous then But manufacturers this problem, in from been development XX. new take we’ve so-called the to where Slide defects it of are we and and a a so-called state-of-the-art glass do the between, implement production plastic We enable that gap the materials that customers have then manufacturer production simulation CBXX, automobile example, in prevent indication metal It’s that to software solved headlight of mechanical better
was analysis, from historic data state meet Luciad simulations Slide XX. HxGN with from U.S. that the us in technology and as custom surface protection. created And Content building. Germany’s rebuild a National Navy Germany in NGA and Program success now Indian Geospatial-Intelligence reduces they’re command And Colombia. we and it’s applications federal for occurred, to control, now we and received Navy traffic And do can with naval the model. orders that the it’s Slide control where from model Africa, this they growing Paris, document about safety can and Agency business authorities compare HxGN And We’re time-critical the related HxGN continues But mission map provide M.App in for Program, several Notre-Dame to course, South production for Content disaster using highly from the Enterprise orders. market think help civil data use our operations. collaborating Slide XX. relief to with quarter thankfully actually fire country. The this The where Slide this Hungary. you Reducing historic and across buildings. its XX. production create such Colombian before that operating varied perform intelligence using mining problem to Palace several and We first requirements. XX. the important operator air Slide digital state hours. in is This map the to of sold our the want and problems Australia the have sets the Budavar for forces. time to this, We’ve to OnCall to weeks a XD-based automated to to buildings. why is, in time, documentation technology months done in the solution people XX. this new existing simply
three America. Here, we Slide XX. in select have a North orders
in to timely Ecuador’s helping emergency We’re situations. CSCG this those also X.X to safety citizens. Ecuador, public it organization in encompass and assistance will crime provide time, supporting combat million And
our organic both measures China to page. So supported in and a X% despite QX in earnings currency cost-saving from been improvement, XX, richer Slide by recovery a Europe. in and summary, mix. recording solid product broad-based It if and significant and America We margin we saw quarter-on-quarter headwinds. recovery stems North turn It’s Record strong growth. sequential summary
we continued of ready operator, to of €X.XX to for XXXX. Q&A a contract. the also to session. for end continued this Board proposed the Software The fiscal have paid Directors are dividend And that, out be we come and Hardware of grow. now presentation, with to
