Aixtron Se · XETR:AIXA
Aixtron — Shareholder Meeting (May 2015)
18 slides from Aixtron's shareholder meeting presentation, May 20, 2015
Slide 1: 18th Annual General Meeting
18th Annual General Meeting May 20, 2015 – Hotel Pullman Aachen Quellenhof, Aachen
Slide 2: Forward-Looking Statements
2 Forward-Looking Statements This document may contain forward-looking statements regarding the business, results of operations, financial condition and earnings outlook of AIXTRON within the meaning of the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. These stat
Slide 3: AGM 2015 – Agenda Item 1
18th ANNUAL GENERAL MEETING 3 AGM 2015 – Agenda Item 1 Annual General Meeting May 2015 Agenda Item 1 Presentation of the financial statements and the management report as of December 31, 2014, the approved consolidated financial statements as of December 31, 2014, the management report for fiscal ye
Slide 4: Consistently Promoting Our Transformation
18th ANNUAL GENERAL MEETING 4 Presentation on Agenda Item 1 „Consistently Promoting Our Transformation“ Martin Goetzeler President & Chief Executive Officer May 20, 2015 | Pullman Aachen Quellenhof
Slide 5: Milestones reached
18th ANNUAL GENERAL MEETING 5 Milestones reached Launch of our new MOCVD Showerhead system AIX R6 Strengthening of our customer service Expansion of our OLED activities Enhancement of our III/V activities for future logic devices Continued development of our ALD technology for memory devic
Slide 6: Compound Semiconductors – New AIX R6
18th ANNUAL GENERAL MEETING 6 Compound Semiconductors – New AIX R6 AIX R6 Setting New Standards in LED Manufacturing • Close Coupled Showerhead® (CCS) • CoO benefit vs. prior generation systems: > 30% • Capacity increase vs. largest prior generation system: > 60% • Throughput benefit vs. prior gen
Slide 7: Quarterly Development in 2014
18th ANNUAL GENERAL MEETING 8 Quarterly Development in 2014 (€ million) Equipment1) (only) Order Intake 39.9 37.7 38.2 37.6 Equipment1) (only) 70.7 Order Backlog 64.2 66.4 65.2*) *) revalued on January 1 2015 to €69.0m at $1,25 /€ Total Revenues2) (incl. equipment, service 46.2 58.0 43.9 45.6 and sp
Slide 8: Consolidated Income Statement of the AIXTRON Group
18th ANNUAL GENERAL MEETING 8 Consolidated Income Statement of the AIXTRON Group* (€ million) 2014 2013 +/- Revenues 193.8 182.9 6% Cost of sales 152.3 190.3 -20% Gross profit 41.5 -7.4 n. m. Gross Margin 21% -4% 25 pp Selling expenses 16.0 29.0 -45% General & admin expenses 19.3 18.2 6% R&D 66.7 57
Slide 9: Key Financials of AIXTRON SE (HGB)
18th ANNUAL GENERAL MEETING 9 Key Financials of AIXTRON SE (HGB)* (€ million) FY 2013 +/-2014 Q4/13 2013 Q4/12 +/- +/- Revenues 151.6 143.0 6% Results from ordinary activities -50.7 -110.1 54% Net result -52.5 -110.4 53% Retained earnings -1.1 -51.6 98% Transfer to retained earnings 0 -161.0 -100% A
Slide 10: Consolidated Statement of Financial Position of the AIXTRON Group
18th ANNUAL GENERAL MEETING 10 Consolidated Statement of Financial Position of the AIXTRON Group* (€ million) 31/12/14 31/12/13 Property, plant & equipment 77.3 79.9 Goodwill 64.8 64.1 Other intangible assets 2.5 3.1 Others 4.6 5.7 Non-current assets 149.2 152.7 Inventories, WIP & Finished Goods 81.
Slide 11: Consolidated Statement of Cash Flows of the AIXTRON Group
18th ANNUAL GENERAL MEETING 11 Consolidated Statement of Cash Flows of the AIXTRON Group* (€ million) FY 2013 +/- 2014 Q4/13 2013 Q4/12 +/- +/- Cash Flow from operating activities -33.8 8.2 n/a Cash Flow from investing activities -23.2 -39.7 42% Cash Flow from financing activities 0.2 101.6 -100% Ex
Slide 12: Key Financials Q1/2015
18th ANNUAL GENERAL MEETING 12 Key Financials Q1/2015* 1) (€ million) FY 2013 +/- Q1/2015 Q4/13 Q1/2014 Q4/12 +/- +/- Equipment order intake 48.9 49.5 -1% Equipment order backlog (end of period) 79.0 64.2 23% Revenues 40.3 43.9 -8% Gross profit 8.8 10.0 -12% Operating result (EBIT) -8.8 -10.9 19% Ne
Slide 13: Our Technology Portfolio
18th ANNUAL GENERAL MEETING 13 Our Technology Portfolio Silicon Compound Semiconductors Organic Carbon Semiconductors MOCVD ALD / MOCVD OVPD® / PVPD® / TFE PECVD LEDs, Lasers and Power Management Silicon Graphene, Organic Electronics Optoelectronics GaN / SiC Semiconductors CNTs and CNWs • LEDs for
Slide 14: Acquisition of PlasmaSi, Inc.
18th ANNUAL GENERAL MEETING 14 Acquisition of PlasmaSi, Inc. Additional value creating process step: Thin-Film Encapsulation Complementary product portfolios and roadmaps Additional IP to strengthen core patent portfolio • Additional TAM opportunity: 50%+ in Technology clustering potential O
Slide 15: Our Technology Portfolio
18th ANNUAL GENERAL MEETING 15 Our Technology Portfolio Silicon Compound Semiconductors Organic Carbon Semiconductors MOCVD ALD / MOCVD OVPD® / PVPD® / TFE PECVD LEDs, Lasers and Power Management Silicon Graphene, Organic Electronics Optoelectronics GaN / SiC Semiconductors CNTs and CNWs • LEDs for
Slide 16: Summary and outlook
18th ANNUAL GENERAL MEETING 16 Summary and outlook Consistent realization and achievement of objectives Main objectives for 2015: Growth in all technology areas, revenues between EUR 220m and 250m Sequential increase of results (H2/15 better than H1/2015); positive EBITDA in H2/2015 Successf
Slide 17: Our technology. YOUR FUTURE.
a Our technology. YOUR FUTURE.
Slide 18: Thank you for your attention!
Thank you for your attention! AIXTRON SE Dornkaulstr. 2 52134 Herzogenrath Germany Phone +49 (2407) 9030-0 Fax +49 (2407) 9030-40 E-Mail invest@aixtron.com