Draegerwerk Ag & Co. Kgaa · XETR:DRW8
Draegerwerk Ag & Co. Kgaa — Drägerwerk AG & Co. KGaA — 9M 2018 Earnings Presentation
17 slides from Draegerwerk Ag & Co. Kgaa's earnings presentation, Oct 30, 2018
Slide 1: Conference call: Interim report January 1 to September 30, 2018
ICH WERDE DA SEIN. Conference call Interim report January 1 to September 30, 2018 Lübeck, October 30, 2018
Slide 2: Disclaimer
Disclaimer This presentation does not constitute an offer of securities for sale or a solicitation of an offer to purchase any securities. No money, securities or other consideration is being solicited by this presentation. This presentation contains forward-looking statements regarding the future d
Slide 3: Business Highlights 9M
Business Highlights 9M Net Sales Order intake (currency adjusted) continued to be positive. Orders on +1.3% +3.0% Currency hand remain above prior year’s Currency adjusted level. 1,737 adjusted 1,729 Order intake (currency adjusted): 621 Q3 +7.6% yoy 613 9M +3.8% yoy Q3‘17 Q3‘18 9M'17 9M'18 Ne
Slide 4: Order development in 9M
Order development in 9M Order entry (€ million) Net Sales Group Medical Safety Group America 363 +4.0% +2.0% +8.7% 0.0% Africa, Asia, +7.2% +11.5% +3.2% 520 +8.4% Australia Europe 1,049 +1.6% +0.6% +3.0% +4.0% Group 1,931 +3.8% +2.8% +5.7% +3.0% Growth rates are net of currency effects 4
Slide 5: Business development 9M
Business development 9M Q3 2017 Q3 2018 Change 9M 2017 9M 2018 Change € million € million % € million € million % Order Intake 626.3 657.4 5.0 1,928.3 1,931.2 0.2 % growth (FX adjusted) 2.1% 7.6% 4.8% 3.8% Net Sales 621.0 613.3 -1.2 1,737.0 1,729.1 -0.5 % growth (FX adjusted) 7.0% 1.3% 2.4% 3.0% Gro
Slide 6: Functional Expenses 9M
Functional Expenses 9M 9M 2017 9M 2018 Change Change net of FX € million € million % % R&D 171.7 191.6 11.6 13.2 % of Net Sales 9.9% 11.1% Sales & Marketing 412.8 431.2 4.5 7.4 % of Net Sales 23.8% 24.9% Administration 143.3 150.4 5.0 8.2 % of Net Sales 8.2% 8.7% SG&A 556.1 581.7 4.6 7.6 % of Net Sa
Slide 7: Key Figures 9M
Key Figures 9M 9M 2017 9M 2018 Change € million € million % Cashflow from operating activities 78.5 -42.0 >-100 Investments 63.7 54.0 -15.4 Cash and cash equivalents1 200.4 135.8 -32.2 Net financial debt1 16.1 69.3 >100 Net financial debt 1 /EBITDA 2 0.07 0.44 1 Capital employed 1,213.7 1,283.4 5.7
Slide 8: Outlook: Expectations for Fiscal Year 2018
Outlook EXPECTATIONS FOR FISCAL YEAR 2018 2017 2018e 3.3% +2.0 - +5.0 % Net sales (net of currency effects) (net of currency effects) EBIT margin 6.1% 2.0 - 3.5 % Dräger Value Added EUR 70.7 million EUR -40 - 0 million 8
Slide 9: Questions & Answers
Questions & Answers Drager 9 Drager. Technik fiir das Leben®
Slide 10: Guidance 2018
Guidance 2018 EXPECTATIONS FOR FISCAL YEAR 2018 2017 2018e 3.3% +2.0 - +5.0 % Net sales (net of currency effects) (net of currency effects) EBIT margin 6.1% 2.0 - 3.5 % Dräger Value Added EUR 70.7 million EUR -40 - 0 million Other forecast figures: Gross margin 44.8 % 42.5 - 44.0 % Research and deve
Slide 11: Business development Q3 Segments
Business development Q3 Segments Europe Americas Africa, Asia, Australia Dräger Group Q3 2017 Q3 2018 Q3 2017 Q3 2018 Q3 2017 Q3 2018 Q3 2017 Q3 2018 € million € million € million € million € million € million € million € million Order entry 343.2 341.9 120.4 135.1 162.7 180.4 626.3 657.4 Net Sales
Slide 12: Business development 9M Segments
Business development 9M Segments Europe Americas Africa, Asia, Australia Dräger Group 9M 2017 9M 2018 9M 2017 9M 2018 9M 2017 9M 2018 9M 2017 9M 2018 € million € million € million € million € million € million € million € million Order entry 1,050.0 1,048.5 379.5 363.2 498.9 519.5 1,928.3 1,931.2 Ne
Slide 13: Business development Medical
Business development Medical Q3 2017 Q3 2018 Change Change 9M 2017 9M 2018 Change Change € million € million % % (FX adj.) € million € million % % (FX adj.) Order entry 412.4 427.8 3.7 6.2 1,253.4 1,242.9 -0.8 2.8 Europe 210.0 206.6 -1.6 0.3 624.7 619.1 -0.9 0.6 America 84.0 95.7 13.8 19.0 265.5 249
Slide 14: Business development Safety
Business development Safety Q3 2017 Q3 2018 Change Change 9M 2017 9M 2018 Change Change € million € million % % (FX adj.) € million € million % % (FX adj.) Order entry 213.9 229.7 7.4 10.4 674.9 688.3 2.0 5.7 Europe 133.2 135.3 1.6 3.9 425.3 429.4 1.0 3.0 America 36.3 39.5 8.6 13.9 114.0 114.0 0.0 8
Slide 15: Cash-flow statement
Cash-flow statement 9M 2017 9M 2018 Change € million € million % Group net profit 24.5 -34.7 >-100 Change in inventories -84.4 -132.8 -57.2 Change in receivables 109.2 98.4 -9.9 Change in payables -10.9 -14.3 -31.9 Depreciation and amortization 62.4 63.1 1.1 Other operating cash flow items -22.3 -21
Slide 16: Financial calendar 2019
Financial calendar 2019 March 7, 2019 - Analysts’ meeting April 25, 2019 - Report for the first three months 2019 Conference call May 10, 2019 - Annual shareholders' meeting, Lübeck, Germany August 8, 2019 - Report for the first six months 2019 Conference call October 30, 2019 - Report for the first
Slide 17: Contact
Contact Melanie Kamann Thomas Fischler Corporate Communications Investor Relations Drägerwerk AG & Co. KGaA Drägerwerk AG & Co. KGaA Moislinger Allee 53−55 Moislinger Allee 53−55 23558 Lübeck, Germany 23558 Lübeck, Germany Tel +49 451 882-3998 Tel +49 451 882-2685 Fax +49 451 882-3944 Fax +49 451 88
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