Slide 1: Tecnotree Corporation Interim Report Q3/2013
Tecnotree Corporation Interim Report Q3/2013 30th October, 2013
Slide 2: Tecnotree Group in Brief
Tecnotree Group in Brief Highlights for Q3 & 1-9/2013 (comparisons to Q3 & 1-9/2012) Q3 2013 Net sales 17.4 M€ (19.7 M€) Adjusted EBIT 1.0 M€ (-0.8 M€) EBIT 0.5 M€ (-2.1 M€) Only 18 T€ capitalised R&D expenses left in the balance sheet Cash flow after investments -2.0 M€ (-7.4 M€) 1-9/2013
Slide 3: Financial Highlights
Financial Highlights M€ 1‒9/2013 1‒9/2012 Net sales 53.9 51.0 Adjusted operating result -0.3 -4.6 EBIT BEFORE R&D CAPITALISATION & AMORTISATION AND ONE-TIME COSTS Ebit -2.0 -8.7 Net result -3.0 -10.7 Order intake 47.6 69.9 Cash flow after investments -6.9 -6.3 Net Cash Flow -3.5 -3.0 Cash 7.0 3.7 Eq
Slide 4: Net Sales by Area
Net Sales by Area 30 + 4% 25 + 21% 20 - 8% M€ 15 10 - 24% 5 - 26% 0 Americas Europe MEA APAC Act 1-9/2012 25,5 4,9 18,3 2,3 Act 1-9/2013 26,4 3,7 22,1 1,7 Americas + 4% Europe - 24% MEA + 21% APAC - 26% 4 30th October 2013 Interim Report Q3/ 2013
Slide 5: Sales and Orders
Sales and Orders 70 60 50 40 M€ 30 20 10 0 Q3/2011 Q4/2011 Q1/2012 Q2/2012 Q3/2012 Q4/2012 Q1/2013 Q2/2013 Q3/2013 Tecnotree sales 17,2 16,1 10,0 21,3 19,7 22,4 13,9 22,5 17,5 OBL 21,0 40,4 36,2 58,8 59,2 54,2 55,3 53,3 48,0 Order intake 16,7 35,5 5,8 43,9 20,1 17,4 15,1 20,4 12,2 5 30th October 201
Slide 6: Adjusted Income Statement
Adjusted Income Statement EUR Million 1-9/2013 1-9/2012 Change % Net sales 53.9 51.0 5.6 Other operating income 0.1 0.0 Total revenue 53.9 51.0 5.7 Adjusted operating expenses*) -54.2 -55.6 -2.6 Adjusted operating result -0.3 -4.6 94.4 - Net impact of R&D capitalizations -1.7 -4.1 -58.7 - One-time c
Slide 7: Consolidated Income Statement
Interim Report Q3/ 2013 Consolidated Income Statement EUR Million 1-9/2013 1-9/2012 Change % Net sales 53.9 51.0 5.6 Other operating income 0.1 0.0 Materials and services -9.5 -10.4 -8.3 Employee benefit expenses -25.7 -24.5 5.1 Depreciation -3.1 -5.5 -44.3 Other operating expenses -17.6 -19.4 -9.4
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet EUR Million 30.9.2013 30.9.2012 Change % NON-CURRENT ASSETS Fixed Assets 4.8 11.1 -56.9 Consolidated goodwill 15.3 19.3 -20.4 Other non-current assets 2.8 4.0 -30.4 CURRENT ASSETS Inventories 0.9 1.5 -40.1 Trade Receivables 15.3 21.5 -28.9 Other Receivables 27.0 34.2 -21.2
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet EUR Million 30.9.2013 30.9.2012 Change % SHAREHOLDER’S EQUITY 23.8 43.9 -45.9 NON-CURRENT LIABILITIES Interest-bearing liabilities 21.8 11.1 96.0 Deferred tax liabilities 3.1 3.1 -2.2 Other non-current liabilities 0.5 0.5 -3.4 CURRENT LIABILITIES Interest-bearing liabiliti
Slide 10: Prospects for 2013
Prospects for 2013 Tecnotree’s order book at the end of 2012 stood at 54.2 M€, so the company moved into 2013 in a good position The company estimates that its net sales and operating result will improve from the previous year Variations in the quarterly figures will be considerable Prospect
Slide 11: 30th October 2013 Interim Report Q3/ 2013
11 30th October 2013 Interim Report Q3/ 2013