Bystronic Ag · SIX:BYS

Bystronic — Conzzeta — Investora, Swiss Equities Conference, Zurich 2018

28 slides from Bystronic's conference presentation, Sep 26, 2018

  1. Slide 1: Investor Update

    Investor Update Kaspar W. Kelterborn, Group CFO Investora, Swiss Equities Conference, Zurich September 26, 2018

  2. Slide 2: Content

    Content 1. Introduction & Group overview 2. Delivering profitable growth 3. Deep Dive: Margin enhancement in Chemical Specialties 4. Priorities and outlook for 2018 Page 2 Investor Update, Investora - Swiss Equities Conference, Zurich, September 26, 2017

  3. Slide 3: Conzzeta portfolio overview – striving for leading positions in attractive target markets

    Conzzeta portfolio overview – striving for leading positions in attractive target markets Glass Processing >5’000 people Sheet Metal Processing Net revenue Solutions for architectural & CHF 853.3 m1) Cutting, bending, automatization – automotive flat glass processing innovative machinery constructio

  4. Slide 4: Differentiated business steering with focus on market orientation and value creation

    Differentiated business steering with focus on market orientation and value creation Swiss mid cap industrial portfolio with entrepreneurial anchor shareholders operating in attractive global markets with focus on value creation and dividend Financial aspiration Net sales growth >5% EBIT margin 8-10

  5. Slide 5: Consistent strategy execution with enhanced revenue contribution from defined growth segments

    Consistent strategy execution with enhanced revenue contribution from defined growth segments 2015 1 HY 2018 18% revenue split 50% 24% revenue split 56% by segment by segment YE 2015 YE 2016 YE 2017 YE 2018 Sheet Metal Chemical Sporting Glass Grow Grow Build Improve Processing Specialties Goods Proc

  6. Slide 6: Conzzeta management model with Group priorities across Business Units

    Conzzeta management model with 4 Group priorities across Business Units 1. Strategic Thinking 2. Entrepreneurship Differentiated steering 3. Innovation 4. Collaboration Growth People Inter- and Diversity development nationalization Profitability 5. Performance Orientation Market Business Capital ori

  7. Slide 7: 1HY 2018 key figures

    1HY 2018 key figures (in CHF m) 1HY18 1HY17 ∆ Net revenue 853.3 623.5 +36.8%  Group KPI’s with notable improvements Operating result (EBIT) 66.3 38.3 +72.9% EBIT margin 7.6% 5.8% +180 bps  Strong internal and external topline growth; Net revenue Group result 51.1 30.0 +70.3% comparable +19.7% Earn

  8. Slide 8: Strong growth across regions in 1HY 2018

    1HY 2018 with balanced global growth and continued focus on Asia and USA Net revenue trend by region +36.8%  Strong 30% growth across regions CHF m Reported Comparable 853.3 Asia +36.7% +23.4% Europe +39.3% +17.2% 623.5 240.1 Americas +29.9% +21.5% 175.6 149.4  Strengthened footprint in growth 11

  9. Slide 9: Content

    Content 1. Introduction & Group overview 2. Delivering profitable growth 3. Deep Dive: Margin enhancement in Chemical Specialties 4. Priorities and outlook for 2018 Page 9 Investor Update, Investora - Swiss Equities Conference, Zurich, September 26, 2017

  10. Slide 10: Sheet Metal Processing business profile

    Sheet Metal Processing business profile Net revenue by region1) Net revenue trend (CHF m) 1000 CAGR 22.7% 800 32% Europe Organic growth 600 across regions; 48% Americas 400 acquisitive Asia / Pacific 200 mainly in Asia 20% 0 2015 2017 Net revenue by business segment1) Market and position  Technolog

  11. Slide 11: Sheet Metal Processing with continued momentum

    Sheet Metal Processing with continued momentum CHF m 1HY18 1HY17 ∆ Operational performance  First-time consolidation of TTM Laser; Net revenue 477.3 364.9 +30.8% comparable net revenue +25.7% Operating  Continued double-digit growth rates 62.6 39.9 +57.0% result (EBIT) across regions  Significant

  12. Slide 12: Ongoing investments to realize opportunities from fundamental market trends

    Ongoing investments to realize opportunities from fundamental market trends Aspiration Segmentation Markets Deliver targeted client offerings Top line Europe with an holistic life-cycle management Performance line Americas Drive innovation, also to be the trusted Entry line Asia partner for integrat

  13. Slide 13: Sporting Goods business profile

    Sporting Goods business profile Net revenue by region1) Net revenue trend; CHF m, FY 250 CAGR -1.4% 200 22% 47.9% 51.4% Europe 150 Reduced footprint Americas 100 exposure in DACH 9% Asia / Pacific 50 52.1% 48.6% region 69% 0 2015 2017 DACH Other Markets Net revenue by product category1) Market and p

  14. Slide 14: Sporting Goods with improved performance

    Sporting Goods with improved performance CHF m 1HY18 1HY17 ∆ Operational performance  Comparable net revenue +14.2% Net revenue 111.1 94.9 +17.0%  Double-digit growth in Europe and Asia Operating driven by successful product launches -6.4 -9.9 +35.2% result (EBIT) and dynamic direct to consumer bu

  15. Slide 15: Strategy program overview – building retail capabilities & wholesale excellence

    Strategy program overview – building retail capabilities & wholesale excellence as response to competitive pressure and change in client behavior Multichannel Management & Digitalization  Deepening relationships with selected wholesale partners I  Strengthening and enhancing direct to consumer bus

  16. Slide 16: Glass Processing – business profile

    Glass Processing – business profile Net revenue by region1) Net revenue trend; CHF m, FY 150 100 Growth in 34% 43% Asia offset by 50 118.7 119.3 decline in Europe Americas Americas Asia / Pacific 0 23% 2015 2017 Net revenue by business segment1) Market and position  Solutions and services for the p

  17. Slide 17: Glass Processing with continued good momentum in 1HY

    Glass Processing with continued good momentum in 1HY CHF m 1HY18 1HY17 ∆ Operational performance Net revenue 62.4 49.7 25.6%  Comparable net revenue +22.7%  Good momentum from 2HY 2017 carried Operating into 1HY 2018, benefitting from large client 2.9 1.8 +63.3% result (EBIT) projects completed in

  18. Slide 18: Ongoing efforts to improve processes and to complement product offering

    Ongoing efforts to improve processes and to complement product offering Market drivers and market structure Value proposition  Increasing requirements in regard to  Focus on customers productivity in energy efficiency and noise reduction the processing of flat glass through  Stable growth trend i

  19. Slide 19: Content

    Content 1. Introduction & Group overview 2. Delivering profitable growth 3. Deep Dive: Margin enhancement in Chemical Specialties 4. Priorities and outlook for 2018 Page 19 Investor Update, Investora - Swiss Equities Conference, Zurich, September 26, 2017

  20. Slide 20: Chemical Specialties business portfolio

    Chemical Specialties business portfolio FoamPartner  Leader in specialty polyurethane foam technology within selected market segments Schmid Rhyner 14%  Leader in UV-curing varnishes and innovation FP-Mobility 13% Net partner for graphic industry FP-Specialities 49% Sales1) FP-Living & Care Chemic

  21. Slide 21: Chemical Specialties with continued margin pressure from raw material costs

    Chemical Specialties with continued margin pressure from raw material costs CHF m 1HY18 1HY17 ∆ Operational performance  Comparable net revenue +3.8% Net revenue 202.8 114.2 +77.6%  Integration Otto Bock Kunststoff on Operating track; consolidated as of Sep 1, 2017 9.2 9.9 -7.4% result (EBIT)  Gr

  22. Slide 22: Chemical Specialties performance trend driven by FoamPartner

    Chemical Specialties performance trend driven by FoamPartner Net revenue (CHF m) and EBIT margin* trend 250 12% 1 Acquisition of Otto Bock Kunststoff as part 200 1 10% of Conzzeta’s growth strategy for Chemical 8% Specialties; largest ever M&A transaction of 150 2 6% Conzzeta, almost doubling busine

  23. Slide 23: “NEW” FoamPartner – driving economies of scale from enlarged platform

    “NEW” FoamPartner – driving economies of scale from enlarged platform M&A Business optimization  Business (incl. pricing) excellence  Innovation / application development Transformational upscaling  Fix challenges in the US and China  Acquired Otto Bock Kunststoff  Footprint optimization  Appo

  24. Slide 24: The “NEW” FoamPartner team has finalized its mission & strategy

    The “NEW” FoamPartner team has finalized it’s mission & strategy Mission Strengthen position as a globally operating player with focus on attractive strategic segments (Specialties, Living & Care, Mobility) and leading application development capabilities, supported by efficient global operations wi

  25. Slide 25: Content

    Content 1. Introduction & Group overview 2. Delivering profitable growth 3. Deep Dive: Margin enhancement in Chemical Specialties 4. Priorities and outlook for 2018 Page 25 Investor Update, Investora - Swiss Equities Conference, Zurich, September 26, 2017

  26. Slide 26: Outlook for 2018

    Outlook for 2018  Consistent strategy execution with long-term perspective  Group priorities remain unchanged 1. Market orientation 2. Business excellence 3. People development 4. Internationalization  Improvements of operating results in Chemical Specialties, Sporting Goods and Glass Processing

  27. Slide 27: Thank you!

    Thank you! Page 27 Investor Update, Investora - Swiss Equities Conference, Zurich, September 26, 2017

  28. Slide 28: Conzzeta AG

    Conzzeta AG Giesshuebelstrasse 45 CH-8045 Zurich www.conzzeta.com Phone +41 44 468 24 44 investor@conzzeta.com Seite Seite 28 28 Investor Update, Investora Konzernleitungs-Sitzung - Swiss vom Equities 2011 9. November Conference, - RobertZurich, Suter September 26, 2017

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