Muhlbauer Holding Ag & Co. Kgaa · XETR:MUB
Muhlbauer Holding Ag & Co. Kgaa — Non-Deal Roadshow (March 2011)
31 slides from Muhlbauer Holding Ag & Co. Kgaa's roadshow presentation, Mar 17, 2011
Slide 1: Roadshow Zurich / Vienna
Roadshow Zurich / Vienna 17 / 18 March 2011 Hubert Forster, CFO info@muehlbauer.de www.muehlbauer.de Investor Relations – R15 www.muehlbauer.de March 2011 – Mühlbauer Group – Page 1
Slide 2: Content
Content 1. Mühlbauer at a glance 2. Highlights 2010 3. Financial year 2010 4. Share 5. Market potential 6. Outlook 7. Financial calendar and contact 8. Disclaimer Investor Relations – R15 www.muehlbauer.de March 2011 – Mühlbauer Group – Page 2
Slide 3: Mühlbauer at a Glance
Mühlbauer at a Glance Unique technology and market know-how Technology know-how Market know-how Mühlbauer is the only one-stop shop supplier of technology and know-how worldwide to support its customers to produce its own ID documents World market leader in equipment for Smart Identification I
Slide 4: Mühlbauer at a glance: 30 years of competence and innovation
Mühlbauer at a glance 30 years of competence and innovation 2.400 employees on more than 30 locations worldwide Appr. 420 engineers in research & development Basis Currently more than 360 trainees in the company High standards of sustainability and social commitment Technology & buildings:
Slide 5: International company structure
International company structure Worldwide close to our customers Production on three continents – Technology centers in Germany, USA, Malaysia and Slovakia Know-how-transfer from Germany guarantees the same proven quality all over the world Over 30 sales & service locations all over the world
Slide 6: Trusted partnerships
Trusted partnerships References in growing markets Government Industry ePassport references Smart Card references Long-term business relations with world market leaders Independent from individual suppliers, customers or markets U.A.E. As partner of many govern- ments Mühlbauer is the first ch
Slide 7: Business fields
Business fields Three areas of leading technology solutions Worldwide leading position for complete Cards & technology and know-how transfer for the TECURITY® production of smart ID documents. Intensively involved in more than 300 ID projects worldwide Semiconductor Turnkey solution provider of RFID
Slide 8: Cards & TECURITY
Cards & TECURITY® Complete turnkey solutions Competence As the only company in the world Mühlbauer supports Smart Card governments and authorities by the complete technology & IC module & inlay production know-how transfer in respect of the realization of ID projects Card and Smart Card prod.
Slide 9: Semiconductor Related Products
Semiconductor Related Products Allowing flexibility RFID: With a market share of 80% Mühlbauer is the world Competence market leader in the manufacture of complete production Smart Label solutions for RFID Smart Labels & conversion to self- RFID transponder production adhesive label or RFID tick
Slide 10: Precision Parts & Systems
Precision Parts & Systems Reliability guaranteed State of the art production centers on three independent Competence manufacturing sites for the production of precision parts Mühlbauer produces for own requirements as well as for external CNC-milling customers in sophisticated industries such
Slide 11: Content
Content 1. Mühlbauer at a glance 2. Highlights 2010 3. Financial year 2010 4. Share 5. Market potential 6. Outlook 7. Financial calendar and contact 8. Disclaimer Investor Relations – R15 www.muehlbauer.de March 2011 – Mühlbauer Group – Page 11
Slide 12: Highlights 2010
Highlights 2010 In 2010 further government organizations have been convinced to cooperate with Mühlbauer as fully responsible system partner. This resulted in numerous further government orders, including a large-scale order The increase in global demand for innovative ID and card applications a
Slide 13: Content
Content 1. Mühlbauer at a glance 2. Highlights 2010 3. Financial year 2010 4. Share 5. Market potential 6. Outlook 7. Financial calendar and contact 8. Disclaimer Investor Relations – R15 www.muehlbauer.de March 2011 – Mühlbauer Group – Page 13
Slide 14: Order income
Order income Exceptional order increase led to new all-time high Order income Q4 2009 - Q4 2010 Order income YoY 145.8 / 93.6% + 350 38.0 / 137.2% + Figures in millon EUR 140 301.6 300 120 113.9 250 100 80 200 62.8 65.7 59.2 155.8 60 150 40 27.7 100 20 50 Q4 Q1 Q2 Q3 Q4 2009 2010 2009 2010 Large g
Slide 15: Order backlog
Order backlog Order backlog benefited from strong order income in 2010 Order backlog Q4 2009 - Q4 2010 89.0 / 125.5% + Book-to-bill of 1.45 drives order backlog to new all- Figures in millon EUR 180 154.6 155.6 159.9 time high at the end of the 160 149.5 year 140 120 Order backlog provides 100 e
Slide 16: Sales development
Sales development Considerably growth supported by strong demand in all business lines Sales Q4 2009 - Q4 2010 Sales YoY 46.7 / 29.1% + + 250 22.5 / 60.0% Figures in millon EUR 80 207.5 63.4 200 60.0 60 54.6 160.8 150 37.5 40 29.5 100 20 50 Q4 Q1 Q2 Q3 Q4 2009 2010 2009 2010 Benefit from unique bu
Slide 17: Earnings development
Earnings development Record EBIT benefited from positive business development EBIT Q4 2009 - Q4 2010 EBIT YoY 28.6 / 297.9% + 40 38.2 + Figures in millon EUR 20 8.4 / 381.8% 30 14.4 15 11.4 10.6 20 10 9.6 10 5 2.2 1.8 Q4 Q1 Q2 Q3 Q4 2009 2010 2009 2010 EBIT nearly quadrupled compare to previous year
Slide 18: Cashflow
Cashflow Free cashflow recorded a huge increase Cashflow development Free cashflow YoY 22.6 / 684.9% + Figures in millon EUR 30 25.9 47.9 (27.9) 20 (15.6) 2.0 25.2 11.5 10 18.8 3.3 , 2009 2010 Operating Cashflow rose by EUR 17.7 million year-on-year due to a substantially higher net profit and a f
Slide 19: Balance sheets
Balance sheets Strong financial basis and independence Selected balance sheet figures Period Equity-to-fixed-assets ratio Working capital net cash position Equity ratio Total balance sheet 2010 230.2% 38.1 38.4 73.5% 213.3 FY 2010 vs. FY 2009 -35.7 Percent Point - 23.2% 48.8% - 4.4 Percent Point 21.
Slide 20: Content
Content 1. Mühlbauer at a glance 2. Highlights 2010 3. Financial year 2010 4. Share 5. Market potential 6. Outlook 7. Financial calendar and contact 8. Disclaimer Investor Relations – R15 www.muehlbauer.de March 2011 – Mühlbauer Group – Page 20
Slide 21: The Mühlbauer share
The Mühlbauer share Key data related to shares 2010 2009 Number of shares (in million) 14.7 14.7 Earnings per share (in EUR) 2.09 0.50 Dividend (in EUR) 1.30 1.00 Dividend yield1 (in %) 3.3 5.8 Market capitalization1 (in EUR million) 587.1 252.0 Trading volume (aver. number shares per day) 6,731 3,7
Slide 22: Content
Content 1. Mühlbauer at a glance 2. Highlights 2010 3. Financial year 2010 4. Share 5. Market potential 6. Outlook 7. Financial calendar and contact 8. Disclaimer Investor Relations – R15 www.muehlbauer.de March 2011 – Mühlbauer Group – Page 22
Slide 23: Market potential: Cards & TECURITY
Market potential Cards & TECURITY® Key driver for Cards & TECURITY® Security and flexibility, e.g. by ePassport, eGovernment, innovative security features New standards, e.g. biometric, contactless identification New laws and regulations, e.g. US-Visa-Waiver-Program, ICAO Standards, EU Regulat
Slide 24: Market potential: Cards & TECURITY, increasing applications
Market potential Cards & TECURITY® Increasing applications Governmental Documents National Planning & Statistics Biometric Identification Systems Mühlbauer is the independent System and Technology Partner for… eGovernment Services Biometric Boarder Management Biometric Verification in the field Inve
Slide 25: Market potential: Semiconductor Related Products
Market potential Semiconductor Related Products Key driver for Semiconductor Related Products RFID Backend Traceability Solar Optimization of logistics, Continuous trend More product safety and Pushing of renewable security and the flow of regarding to miniaturize improvement of efficiency energy pr
Slide 26: Content
Content 1. Mühlbauer at a glance 2. Highlights 2010 3. Financial year 2010 4. Share 5. Market potential 6. Outlook 7. Financial calendar and contact 8. Disclaimer Investor Relations – R15 www.muehlbauer.de March 2011 – Mühlbauer Group – Page 26
Slide 27: Outlook
Outlook In future, the markets relevant to Mühlbauer will continue to gain in importance. Business fields The technology group Mühlbauer offers the full technological and market & markets expertise from one single source and sees itself having an outstanding position to benefit from this market pote
Slide 28: Content
Content 1. Mühlbauer at a glance 2. Highlights 2010 3. Financial year 2010 4. Share 5. Market potential 6. Outlook 7. Financial calendar and contact 8. Disclaimer Investor Relations – R15 www.muehlbauer.de March 2011 – Mühlbauer Group – Page 28
Slide 29: Financial calendar and contact
Financial calendar and contact Financial calendar 5 April 2011 LBBW German Equity Conference (London) 4 May 2011 Quarterly Report Q1/2011 5 May 2011 Annual General Meeting 2 August 2011 Quarterly Report Q2/2011 3 November 2011 Quarterly Report Q2/2011 23 November 2011 German Equity Forum (Frankfurt)
Slide 30: Content
Content 1. Mühlbauer at a glance 2. Highlights 2010 3. Financial year 2010 4. Share 5. Market potential 6. Outlook 7. Financial calendar and contact 8. Disclaimer Investor Relations – R15 www.muehlbauer.de March 2011 – Mühlbauer Group – Page 30
Slide 31: Disclaimer
Disclaimer This information is provided without guaranty or warranty. While the information provided is believed to be accurate, it may include errors or inaccuracies. In no event shall Mühlbauer be liable to any person for any special, indirect or consequential damages relating to this material. Th
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