Slide 1: 2016 Orders Received & Sales
2016 Orders Received & Sales Analysts Presentation, February 1, 2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dr. Norbert Klapper, Group CEO . . . . . . . . . . . . . . . . . . . .Gröflin, Joris . Group . CFO. . . . . . . . . . . . . . . . . . . .
Slide 2: Rieter Group – key messages
Rieter Group – key messages Financial year 2016 • Order intake grows by 13% thanks to a good first half year • Sales of CHF 945 million following a stronger second half year ‒ full year below previous year as expected • EBIT margin of 6% and net profit of 4.5% of sales expected for 2016 • Reorganiza
Slide 3: Agenda
Agenda 1. Orders received & sales 2016 Joris Gröflin 2. Profit outlook 2016 Dr. Norbert Klapper 3. Strategic focus Dr. Norbert Klapper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2016 Orders received & sales 3
Slide 4: Sales by business group
Sales by business group Sales at 945 million CHF following a stronger second half year mCHF mCHF -9% 1.100 1.037 1.100 1.000 945 1.000 900 900 800 800 700 702 700 603 +16% 600 600 508 500 500 437 400 400 257 346 300 300 140 142 200 200 71 71 100 195 200 100 109 91 0 0 2015 2016 HY1 2016 HY2 2016 Mac
Slide 5: Change in sales and currency impact
Change in sales and currency impact Sales impacted mostly by volume and price Machines & Rieter mCHF After Sales Components Systems Group Sales 2015 702.3 139.8 194.7 1‘036.8 Volume and price -75.2 1.2 2.9 -71.1 Currency translation -6.2 0.6 2.4 -3.2 Divestments -17.5 -17.5 Sales 2016 603.4 141.6 20
Slide 6: Sales development by region
Sales development by region Growth in China and India ‒ solid demand from Asian countries mCHF • Asian countries with sales of 286.3 million CHF 1.100 1’037 (-12% against 2015) 1.000 60 945 27 Europe • China sales of 186.5 million CHF (+33% against 900 41 2015) of which 53% to Xinjiang province 43 A
Slide 7: Orders by business group
Orders by business group Increase of orders in 2016 by 13% mCHF • Order intake amounted to 905.2 million CHF (2015: 1.100 +13% 801.6 million CHF) 1.000 905 • Strong demand in the first half year (510.7 million 900 CHF) and mixed dynamics in the individual 802 countries and product categories in the
Slide 8: Agenda
Agenda 1. Orders received and sales 2016 Joris Gröflin 2. Profit outlook 2016 Dr. Norbert Klapper 3. Strategic focus Dr. Norbert Klapper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2016 Orders received & sales 8
Slide 9: Profit outlook 2016
Profit outlook 2016 • Rieter expects to achieve an EBIT margin of 6% and net profit of 4.5% of sales in the 2016 financial year. • Rieter’s full annual financial statements for 2016 and the annual report will be published on March 14, 2017, at the results press conference and presentation to analyst
Slide 10: Agenda
Agenda 1. Orders received and sales 2016 Joris Gröflin 2. Profit outlook 2016 Dr. Norbert Klapper 3. Strategic focus Dr. Norbert Klapper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2016 Orders received & sales 10
Slide 11: Strategic focus – mid-term targets
Strategic focus – mid-term targets Sales Sales growth above market EBIT margin1) ~10% RONA2) ~14% Target pay-out ratio of at least Dividend policy 40% of net profits 1) At sales of ~1.3 CHF bn 2) RONA is calculated as net result before interest costs and write-off of financial assets divided by net
Slide 12: Reorganization of Ingolstadt site, Germany
Reorganization of Ingolstadt site, Germany • At the lngolstadt site, Rieter intends to focus on the development of machines and the provision of technical support for the after-sales business. Production shall be transferred to Rieter's Usti site in the Czech Republic. By this means, Rieter intends
Slide 13: Disclaimer
Disclaimer Rieter is making great efforts to include accurate and up-to-date information in this document, however we make no representations or warranties, expressed or implied, as to the accuracy or completeness of the information provided in this document and we disclaim any liability whatsoever
Slide 14: Appendix
Appendix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2016 Orders received & sales 14
Slide 15: Values and principles
Values and principles 2016 Orders received & sales 15
Slide 16: Key data per share
Key data per share Rieter registered shares of 5 CHF nominal value 31.12.2016 30.06.2016 31.12.2015 Bloomberg: RIEN SW; Thompson Reuters: RIEN.S Shares outstanding excl. own shares 4‘515‘015 4‘518‘063 4‘511‘075 (end of period) Average shares (of period) 4‘515‘861 4‘515‘519 4‘550‘650 Share price (end
Slide 17: Orders by business group and half-year
Orders by business group and half-year Strong first half year in 2016 mCHF 600 550 511 500 450 413 388 394 400 350 343 300 232 226 248 250 200 150 61 65 71 100 64 553 120 50 98 96 82 222 0 HY1 2015 HY2 2015 HY1 2016 HY2 2016 Machines & Systems Components After Sales 2016 Orders received & sales 17
Slide 18: Sales development by region and half-year
Sales development by region and half-year Growth in India and Turkey in second half year 2016 mCHF 600 554 550 41 508 500 483 25 Europe 109 20 437 41 Americas 450 91 16 38 Africa 400 11 45 15 5 88 Turkey 350 82 32 62 300 82 72 101 India 250 70 200 62 105 78 81 China 150 100 177 Asian 147 152 134 50