Heidelberger Druckmaschinen Ag · XETR:HDD

Heidelberger Druckmaschinen — Q2 2016/17 Earnings Presentation

14 slides from Heidelberger Druckmaschinen's earnings presentation, Nov 9, 2016

  1. Slide 1: Conference Call Q2-2016/2017

    Conference Call Q2-2016/2017 DIRK KALIEBE, CFO November 09, 2016

  2. Slide 2: Highlights Q2-2016/2017

    Highlights Q2-2016/2017  Positive feedback from drupa, “New Heidelberg” well perceived − Digital portfolio: • 1st autonomous sheetfed-offset printing press with new software was delivered in Sept. • Start-up of series production for Labelfire mid-November • Customer trials for digital industry pack

  3. Slide 3: Key figures 6m 2016/17

    Key figures 6m 2016/17 Comments in € million 6m 15/16 6m 16/17 Δ pY ● HY1 Order intake outperforms last years figure (incl. China trade show) due to strong drupa; Order intake 1,323 1,408 +6% solid order backlog of € 765m (+66% vs FYE) Sales 1,162 1,072 -8% ● Sales volume after 6 months still below

  4. Slide 4: Segments: strong Q2 improvement in HD equipment achieved

    Segments: strong Q2 improvement in HD equipment achieved Sales by segment EBITDA* by segment Comments 599 € million 600 € -13m 586 € million 50 44 ● Q2 segment results within € +11m EBITDA-margin target: HDE 4-6%, 40 HDS 9-11% 304 33 8 17 400 312 2 ● HD Equipment with improved 30 270 operating perfo

  5. Slide 5: Outlook – on track

    Outlook – on track Outlook FY 2015/16 FY 2016/17 Mid-term target € 2,512m up to 4% up to 4 % p.a./ (€ 2,426m) increase target ~ € 3bn 7.8 % on previous year‘s level Bandwidth HDE ~ 5% HDE 4-6% 7% - 10% HDS ~11% HDS 9-11% € 28m moderate increase further increase 1.5 below 2 below 2 © Heidelberger Dru

  6. Slide 6: BACKUP

    BACKUP © Heidelberger Druckmaschinen AG 6

  7. Slide 7: Summary: Financial Highlights Q2-2016/2017

    Summary: Financial Highlights Q2-2016/2017  Order intake in Q2 of € 604m normalized after drupa; order backlog still on a high level – increase of 66 % against Q4 2015/2016 to € 765m  Sales in Q2 at € 586m; Substantial sales increase in HY2 expected  Positive net result after taxes of € 9m (Q2 20

  8. Slide 8: Key figures Q2 2016/17

    Key figures Q2 2016/17 in € million Q2 15/16 Q2 16/17 Δ pY Order intake 620 604 -3% Sales 599 586 -2% EBITDA 33 44 +11 EBIT before Special items 15 27 +12 Special items -6 -3 Financial result -16 -13 +3 Net result before taxes -7 11 +18 Net result after taxes -9 9 +18 Free cash flow 5 -7 -12 03/31/1

  9. Slide 9: Segments after 6m in FY2016/17

    Segments after 6m in FY2016/17 Sales by segment EBITDA* by segment Order backlog € million € million € million 1,200 1,162 € -90m 100 800 3 1,072 2 79 +67% 80 2 600 581 527 10 800 € -35m 60 270 675 667 (43%) 44 400 67 3 0 40 400 411 578 41 543 200 20 93 98 0 0 49 0 6m 6m 6m Q4 Q1 Q2 6m 2016/2017 201

  10. Slide 10: Order intake – regional split

    Order intake – regional split Order intake 6m 2016/17 (6m 2015/16) South America 2.7% North America (3.9%) 16.3% (15.6%) EMEA 46.7% (41.4%) € 1,408m (€ 1,323m) 24.6% (29.6%) Asia/Pacific 9.7% (9.5%) Eastern Europe © Heidelberger Druckmaschinen AG 10

  11. Slide 11: Balance sheet

    Balance sheet > Assets FY 2016 FY 2016 FY 2017 > Equity and liabilities FY 2016 FY 2016 FY 2017 30-09- 31-03- 30-09- 30-09-2015 31-03-2016 30-09-2016 Figures in mEUR Figures in mEUR 2015 2016 2016 Fixed assets 733 724 728 Equity 294 287 126 Current assets 1.377 1.372 1.293 Provisions 879 930 1.029 t

  12. Slide 12: Financial framework

    Financial framework Financial framework Maturity profile Other instruments | amortizing Total framework Convertible bond (July 2017) of around € 700m Convertible bond (March 2022)* Syndicated credit line (June 2019)** Corporate bond Corporate bond (May 2022) Other instruments including EIB loan | am

  13. Slide 13: Financial Calendar

    Financial Calendar Date Release of the figures for the February 9, 2017 third quarter 2016/2017 Final Figures FY2016/2017 June 8, 2017 AGM FY 2016/2017 July 27, 2017 © Heidelberger Druckmaschinen AG 13

  14. Slide 14: Disclaimer

    Disclaimer This document was drawn up by Heidelberger Druckmaschinen its affiliates / subsidiaries or the respective legal representatives AG (the “Company”) solely for information purposes. All shall be liable in any way whatsoever (whether due to recipients must treat it as confidential and must n

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