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SinterCast (SINT) investor relations material
SinterCast ABGSC Investor Days summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company Overview and Technology
Specializes in process control for compacted graphite iron (CGI), enabling stronger, lighter engine components with up to 10% weight reduction and 5–10% more power and torque.
CGI adoption leads to 5–8% fuel efficiency gains and significant CO2 savings, especially in large vehicles.
Business model is royalty-based, with 90–95% recurring revenue from production fees, consumables, and equipment.
Main markets are commercial vehicles and North American pickup trucks, with stable industrial applications.
Market Trends and Growth Outlook
50% of production is for commercial trucks, with most future growth expected in this segment.
Engine equivalents have grown since 2008, with a 10-year CAGR of 4.4% and 15-year CAGR of 9%.
Double-digit CAGR is targeted through 2030, with production expected to reach 5 million units in 2027 and 6 million in 2029.
Confirmed high-volume engine programs include new launches from FAW China, MAN, Scania, and International, with SOPs from 2025 to 2027.
Recent production drop linked to market slowdown and delayed regulatory changes in the US, but OEM order books are increasing, signaling sales growth in 3–6 months.
Financial Performance and Targets
Revenue has grown at a 5% CAGR over the past decade, with a target of double-digit CAGR through 2030.
High operating margin (31.9% in 2023), aiming for over 40% by 2028.
Revenue per employee is SEK 4.5 million, with profit per employee exceeding SEK 1 million.
Over 100 million tonnes of cumulative CO2 savings are projected by 2028.
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