Elmos Semiconductor Se · XETR:ELG
Elmos Semiconductor — Non-Deal Roadshow (May 2017)
21 slides from Elmos Semiconductor's roadshow presentation, May 18, 2017
Slide 1: Roadshow Presentation | May 2017
Roadshow Presentation| May 2017 Copyright © 2013 Elmos Semiconductor AG. All rights reserved. No redistribution without prior admission. Confidential
Slide 2: Table of Content
Table of Content Company Overview & Growth Drivers Financials 2016 and Q1 2017 & Outlook 2017 2
Slide 3: The Expert in Analog Mixed Signal Solutions
The Expert in Analog Mixed Signal Solutions Analog mixed signal ICs since 1984 Long product life cycles Focus on automotive applications Roughly 1,100 employees worldwide Fablite strategy for a flexible Innovation driven by significant production network and a broad investment in R&D (~16% of sales
Slide 4: Global Organization with German Roots
Global Organization with German Roots Headquarter in Dortmund, Germany Own Production in Dortmund|NRW and Milpitas, USA Worldwide Footprint: Focus on local application support 4
Slide 5: Elmos supplies the Car Industry
Elmos supplies the Car Industry Selected Elmos automotive customers Car OEMs trust in Elmos technology Baojun 5
Slide 6: Business Lines paving the Way for The Next Smart Device: The Car
Business Lines paving the Way for The Next Smart Device: The Car BL1 – Sensors BL2 – Motor Control BL3 – Embedded Solutions Stepper Stepper Interface Ultrasonic Stepper Safety DC DC + DC Optical Power Lighting Other Pressure BLDC BLDC BLDC Infotainment Worldwide Ultrasonic park assistance Ambient LE
Slide 7: Business Highlights
Business Highlights International Markets More ASSPs Asia/Pacific: Share of total sales in %/ Sales in million Euro Share of >50% ASSP sales are ASSP sales ~40% continuously +118% ~35% rising 35.2% ~25% Majority of ICs in ~20% 31.4% development are ASSPs 26.7% 23.4% 80.5 20.5% 68.9 2013 2014 2015 20
Slide 8: Automotive Electronics getting a new Meaning
Automotive Electronics getting a new Meaning >>The Next Smart Device: The Car << Todays´ Concept Cars – Full of Electronics and Growth Opportunities for Elmos The Global Megatrends… …are enabled by: Electronic, Software & Semiconductors 8
Slide 9: Table of Content
Table of Content Company Overview & Growth Drivers Financials 2016 and Q1 2017 & Outlook 2017 9
Slide 10: Sales Development in 2015 and Q1 2016
Sales Development in 2015 and Q1 2016 Yearly Sales (million Euro) & Gross margin (%) Quarterly Sales (million Euro) & Gross margin (%) +4.1% +13.1% 219.6 228.6 209.5 60.8 189.1 53.7 180.1 40.7% 36.7% 43.6% 42.2% 41.9% 41.7% 42.3% 2012 2013 2014 2015 2016 Q1 2016 Q1 2017 Strong US dollar influences t
Slide 11: EBIT and EBIT Margin in 2016 & Q1 2017
EBIT and EBIT Margin in 2016 & Q1 2017 Yearly EBIT (million Euro) & EBIT Margin (%) Quarterly EBIT (million Euro) & EBIT Margin (%) 24.5 22.6 23.1 4.7 12.7 10.8% 11.5 11.2% 10.1% 6.7% 7.7% 6.4% 0.8 1.5% 2012 2013 2014 2015 2016 Q1 2016 Q1 2017 EBIT 2016 slightly below 2015 but 2015 with Earnings qua
Slide 12: Overview of further Key Figures
Overview of further Key Figures Net Income1 (million Euro) & Basic EPS (Euro) Capex (million Euro & % of sales) 18.3 30.5 16.2 15.9 2 24.7 24.5 17.9 9.4 15.6 14.6% 8.1 0.94 0.82 0.80 9.9 11.3% 10.7% 8.2% 0.42 0.49 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 Adjusted Free Cash Flow3 (million Eu
Slide 13: Shareholders approved dividend increase to 0.35 Euro per share
A majority of over 99% of shareholders approved a proposed dividend increase to 0.35 Euro per share Dividend (in Euro) +6% +32% 0.35 0.33 0.33 +25% 0.25 0.25 0.25 0.20 2010 2011 2012 2013 2014 2015 2016 Prerequisite for future dividend payment: earnings as well as cash flow development sustainably p
Slide 14: Guidance confirmed: Accelerated Growth for 2017
Guidance confirmed: Accelerated Growth for 2017 Guidance as of February 15, 2017 Sales Growth in higher single digit percentage area EBIT margin Slightly better than previous year (2016: 10.1%) Capex Less than 12% of sales Adjusted free cash flow* Positive Assumed exchange rate 1.10 US-Dollar / Euro
Slide 15: Thank you for your attention
Thank you for your attention Copyright © 2013 Elmos Semiconductor AG. All rights reserved. No redistribution without prior admission. Confidential
Slide 16: Elmos Semiconductor AG
Elmos Semiconductor AG Heinrich-Hertz-Str. 1 | 44227 Dortmund | Germany Telephone: + 49 231 75 49 273 | Telefax: + 49 231 75 49 111 invest@elmos.com | www.elmos.com DISCLAIMER This presentation contains forward-looking statements based on beliefs of Elmos‘ management. Such statements reflect the com
Slide 17: Elmos Shareholder Structure set for long-term Perspective
Elmos Shareholder Structure set for long-term Perspective Listed at Weyer Beteiligungsgesellschaft mbH German Stock and related parties Exchange Anchor 19.9% shareholders hold controlling stake 14.1% ZOE-VVG GmbH and related A well governed 14.8% parties and transparent company Free float 49.3%* Own
Slide 18: Stock Repurchase Program
Stock Repurchase Program On March 2, 2017, the Management Board decided, with the Supervisory Board’s consent, the execution of a stock repurchase program of own shares via the stock exchange. According to the resolutions, the purchase price for the acquisition of the company’s shares may altogether
Slide 19: Research Coverage
Research Coverage Deutsche Bank Johannes Schaller Hold DZ Bank Harald Schnitzer Hold Hauck & Aufhäuser Tim Wunderlich Buy Montega Robert van der Horst Sell Natixis Securities Charles Lepetitpas Buy Oddo Seydler Bank AG Veyzel Taze Hold Warburg Research Malte Schaumann Hold 19
Slide 20: Key Financials – Five-year Overview
Key Financials – Five-year Overview In million Euro unless otherwise indicated 2012 2013 2014 2015 2016 Sales 180.1 189.1 209.5 219.6 228.6 Gross profit 76.1 79.2 91.4 91.6 96.8 R&D 35.0 34.4 36.1 37.1 36.0 Operating income 7.6 10.3 19.4 18.1 22.0 EBIT 11.5 12.7 22.6 24.5 23.1 Net income attributabl
Slide 21: Elmos Financial Calender 2017
Elmos Financial Calender 2017 Event Date Quarterly Results Q1 / 2017* May 4, 2017 AGM in Dortmund May 11, 2017 Quarterly Results Q2 / 2017* August 2, 2017 Quarterly Results Q3 / 2017* November 8, 2017 Equity Forum in Frankfurt November 27-28, 2017 * The German Securities Trading Act (Wertpapierhande