Facc Ag · VIE:FACC

Facc — H1 2018/19 Earnings Presentation

21 slides from Facc's earnings presentation, Oct 15, 2018

  1. Slide 1: Analyst Presentation – H1 2018/19

    Analyst Presentation – H1 2018/19 October 15, 2018

  2. Slide 2: The Next Milestone in Mobility

    …. THE NEXT MILESTONE IN MOBILITY FACC congratulates Bombardier to the certification of the „Global 7.500“ > Largest business jet with maximum range > Certification received as of Sept. 29, 2018 > Start of serial production with a rate of approx. 60 aircrafts per year > FACC contributes with all thr

  3. Slide 3: Highlights H1 2018/19

    HIGHLIGHTS H1 2018/19

  4. Slide 4: Highlights H1 2018/19: FACC remains on course for growth

    HIGHLIGHTS H1 2018/19 FACC remains on course for growth > Growth course: +4% to EUR 373 mill. REVENUES > EBIT EUR 25.1 mill. - implementation of new EUR 373 mill. programms cause one off effects > FACC signed new syndicate loan with total volume of EUR 225 mill. EBIT > New order with an contracted v

  5. Slide 5: Aerospace Market Summary

    AEROSPACE MARKET SUMMARY Positive outlook for the civil aerospace market confirmed > Outlook from OEM´s sustainable positive until 2037: – 5 % annual growth in air traffic – 37,390 new aircrafts required > APAC region as the growth market > FACC well positioned to serve demand with its global footpr

  6. Slide 6: Projected Aircraft Demand

    PROJECTED AIRCRAFT DEMAND 2018 – 2037 // Number of aircrafts above 100 seats 50 000 47 990 40 000 26 540 Growth 20-year 30 000 37 390 new deliveries 20 000 10 850 Replacement 10 000 21 450 10 600 Stay - Beginning 2018 2037 New Deliveries Source: Airbus GMF 2018-2037

  7. Slide 7: New Airbus Contract

    NEW AIRBUS CONTRACT Innovation drive through use of automated technologies and materials EUR 230 mill. contract volume Entrance Area according new Airspace Design Scope - A320 Family aircrafts A318/319/320/321

  8. Slide 8: Hightech for Rolls-Royce

    HIGHTECH FOR ROLLS-ROYCE New generation of engines with composite parts from FACC > Efficient Pearl 15 engines for latest ULR (ultra long range) jets from Bombardier > Light weight and noise absorbign coating from FACC result in improved efficieny and reduced noise

  9. Slide 9: FACC - Sustainable Growth: Phase One

    FACC - SUSTAINABLE GROWTH Multi year investment programm Phase One – In operation since 2018: EUR 35 mill. 6.400 Total volume squaremeter > Capacity extensions at Plant 1 (Aerostructures) and Plant 4 (Engine & Nacelles) > Doubling the floor space in Wichita (USA) for aftermarket services > Investmen

  10. Slide 10: FACC - Sustainable Growth: Phase Two

    FACC - SUSTAINABLE GROWTH Phase two in exectution EUR 45 mill 2019 Total volume Completion > Extension of plant 3 (Aerostructures), building and equipment > Further automation and I4.0-Initatives > Investments into new programms

  11. Slide 11: Financials H1 2018/19

    FINANCIALS H1 - 2018/19

  12. Slide 12: Highlights H1 2018/19

    HIGHLIGHTS H1 2018/19 > Syndicated Loan : – Long term financing agreement signed – Volume in the amount of EUR 225 mill. > Dividend payment of EUR 0,11 per share > Net financial debt almost unchanged despite growth in revenues > Global positioning of the FACC share as growth stock

  13. Slide 13: Revenues H1 2018/19

    REVENUES H1 2018/19 GROUP REVENUES REVENUES BY BUSINESS SEGMENT in Mio. EUR in Mio. EUR 18,9 151,8 -11,7 163,5 135,7 7,0 116,8 372,9 85,5 358,7 78,5 H1 2017/18 Aerostructures Engines & Cabin Interiors H1 2018/19 AEROSTRUCTURES ENGINES & NACELLES CABIN INTERIORS Nacelles H1 2017/18 H1 2018/19

  14. Slide 14: EBIT H1 2018/19

    EBIT H1 2018/19 GROUP EBIT EBIT BY BUSINESS SEGMENT in Mio. EUR in Mio. EUR 3,4 -6,0 22,7 -2,0 19,3 29,7 25,1 8,2 2,2 2,2 0,2 H1 2017/18 Aerostructures Engines & Cabin Interiors H1 2018/19 Nacelles AEROSTRUCTURES ENGINES & NACELLES CABIN INTERIORS H1 2017/18 H1 2018/19

  15. Slide 15: IFRS 15 - Reconciliation

    IFRS 15 - RECONCILIATION EBITDA H1 2018/19 inkl. IFRS 15 EBITDA H1 2018/19 excl. IFRS 15 (not reported) in Mio. EUR in in Mio. Mio. EUR EUR 9.4 18.2 2,3 7,2 11,2 0,4 35,0 40,3 7,0 25,1 22,1 EBIT D/A Intangible D/A Tangible D/A Contract EBITDA Assets Assets Costs EBIT Afa IAV Afa SAV EBITDA > EBITDA

  16. Slide 16: Cash Flow and Investments

    CASH FLOW AND INVESTMENTS CASH FLOW INVESTMENTS in Mio. EUR in Mio. EUR -16,6 0,4 -0,2 30,4 16,6 15,6 77,6 12,6 63,5 Cash and cash CF from CF from CF from FX Cash and cash H1 2016/17 H1 2017/18 H1 2018/19 equivalents at operating investing financing equivalents at the beginning activities activities

  17. Slide 17: Balance Sheet Ratios

    BALANCE SHEET RATIOS EQUITY AND EQUITY RATIO NET FINANCIAL DEBT in Mio. EUR 39% 44% 39% 182,0 177,8 269,7 306,7 282,6 218,8 H1 2016/17 H1 2017/18 H1 2018/19 H1 2016/17 H1 2017/18 H1 2018/19

  18. Slide 18: Share Performance and Ownership

    SHARE PERFORMANCE AND OWNERSHIP 150 140 130 40,3% 120 Free Float 55,5% AVIC Cabin Systems 110 FACC Co., Ltd ATX 100 90 4,2% JP Morgan 80

  19. Slide 19: Outlook

    OUTLOOK

  20. Slide 20: Outlook for the Business Year 2018/19

    OUTLOOK FOR THE BUSINESS YEAR 2018/19 Continous growth and new programms > Execution of phase two of the investment programm – Implementation of required capacity in production – Automation and I4.0 initiatives – Investments into new programms > Financial Outllok – Revenue target FY 2018/19: EUR 760

  21. Slide 21: Innovation is our destination

    INNOVATION IS OUR DESTINATION

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