Kontron AG · XETR:KTN
Kontron — Q3 2015 Earnings Presentation
11 slides from Kontron's earnings presentation, Oct 29, 2015
Slide 1: Results Presentation Q3/2015
“DELIVERING FUTURE” KONTRON RESULTS PRESENTATION QUARTERLY RESULTS – Q3/2015 ROLF SCHWIRZ, CEO MICHAEL BOY, CFO OCTOBER 29, 2015
Slide 2: Results Presentation Q3/2015 Agenda
KONTRON RESULTS PRESENTATION Q3/2015 01 02 03 FINANCIAL OVERVIEW DEVELOPMENT OF KEY PROFIT & LOSS FINANCIALS FOR STATEMENT GLOBAL BUS 04 05 06 07 REVENUE STRONG Q4 EXPECTED GUIDANCE 2015 OUTLOOK: FROM PERFORMANCE PER REDUCED „RESTRUCTURING TO BUSINESS LINE TRANSFORMATION“ // 2
Slide 3: Financial Overview – Key Financials
01 FINANCIAL OVERVIEW – KEY FINANCIALS SOLID Q3/2015 In Mio. € and % Order Intake Backlog Revenue 134,9 325,5 -4,8 108,6 +4,8 -23,7 (-17,6%) (-1,5%) (+4,4%) 111,2 320,7 113,4 Gross Margin OPEX EBIT (adjusted) 24,4% 28,6 -2,4 -1,8 +6,9 +2,3ppt (+9,4%) (-8,0%) (383,3%) 26,7% 26,2 5,1 Q3/2014 Q3/2015 P
Slide 4: Development of Key Financials for Global BUs
02 DEVELOPMENT OF KEY FINANCIALS FOR GLOBAL BUS Q3/2015 In Mio. € / *rounded figures Order Intake Q3/2015 Q3/2014 Δ Industrial 45,2 73,3 -38% Communications 40,3 25,6 57% Avionics/ Transportation/ 25,7 36,0 -29% Defense Total 111,2 134,9 -17,6% Revenues Q3/2015 Q3/2014 Δ Industrial 54,3 48,5 12% Com
Slide 5: Profit & Loss Statement
03 PROFIT & LOSS STATEMENT Q3/2015 € million / % Q3/2015 Q3/2014 Δ Order intake 111,2 134,9 -17,6% Order backlog 320,7 325,5 -1,5% Revenues 113,4 108,6 4,4% Gross margin 30,3 26,5 14,3% in % 26,7% 24,4% 2,3 ppt OPEX 26,2 28,6 -2,4 EBIT (adjusted) 5,1 -1,8 6,9 in % 4,5% -1,7% 6,2 ppt Restructuring co
Slide 6: Revenue Performance per Business Line
04 REVENUE PERFORMANCE PER BUSINESS LINE Q1-Q3/2014 – Q1-Q3/2015 Challenges in Transportation, Infotainment and COM; Defense below plan Transportation and Defense to grow less than expected in Q4; mid-term outlook positive BUT: 3 out of 5 strategic business lines show double-digit revenue growth YoY
Slide 7: Strong Q4 Expected
05 STRONG Q4 EXPECTED PLAN TO FINISH 2015 ON A HIGH NOTE Encouraging revenue outlook for Q4-2015: Channel-boost with selected sales partners to be pushed further. Further growth in Business lines Medical, Industrial Automation and Avionics expected in Q4/2015 and beyond. Continued positive effects f
Slide 8: Guidance 2015 Reduced
06 GUIDANCE 2015 REDUCED MAINLY DUE TO TRANSPORTATION AND DEFENSE Adjustment due to the following factors: Guidance reduced: Unexpected customer restraint, primarily in Revenues: 460 Mio. € - 470 Mio. € transportation and defense Gross margin: >25% Deferrals of some customer orders to Adjusted EBIT
Slide 9: Outlook: From Restructuring to Transformation
07 OUTLOOK: FROM „RESTRUCTURING TO TRANSFORMATION“ NEW KONTRON MEASURES ALMOST COMPLETE Vision 2015-2018 New strategic positioning & future roadmap To be the #1 trusted advisor of IoT and leader of embedded computing technology 2015 Finalize cost reductions Push sales and gross margin Grow profitabl
Slide 10: Disclaimer
DISCLAIMER This document contains certain statements that related to future business and financial performance and future events or developments in relation to Kontron AG that may constitute forward-looking statements and expectations. Such statements are based on the current expectations and certai
Slide 11: Thank You for Your Attention
THANK YOU FOR YOUR ATTENTION www.kontron.com // 11