Slide 1: Investor Update 2019 – Media and Investor Presentation
Investor Update 2019 . . . . and Media . Investor . . . Presentation, . . . . . October . . . 29, . . 2019 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dr. Norbert Klapper, Group CEO . . .Ledermann, Kurt . . .Group . CFO . . . . . . . . . . . . . . . . . .
Slide 2: Key Messages
Key Messages • Order intake of CHF 524.5 million after nine months • Order intake for a major project from Egypt booked in October 2019 • Market situation remains challenging • Real estate sale in Ingolstadt successfully completed • Outlook 2019 Investor Update 2019 . October 29, 2019 . 2
Slide 3: Order Intake Third Quarter
Order Intake Third (CHF million) -30% 800 750 700 -39% 600 250 238 525 500 200 400 146 150 300 100 200 100 50 0 0 Jan.-Sep. 2018 Jan.-Sep. 2019 Q3 2018 Q3 2019 Investor Update 2019 . October 29, 2019 . 3
Slide 4: Order Intake for a Major Project from Egypt Booked
Order Intake for a Major Project from Egypt Booked • Order intake for the first six projects of around CHF 165 million was booked upon receipt of the down payment on October 7, 2019 • This amount is thus not included in the figures for the third quarter of 2019 and will positively affect the fourth
Slide 5: Market Situation Remains Challenging
Market Situation Remains Challenging • In the third quarter of 2019, demand for new machinery remained at a low level • Primary reasons for the customers’ reluctance to invest were overcapacity in the spinning mills, the trade conflict between the USA and China, and political and economic uncertaint
Slide 6: Real Estate Sale in Ingolstadt Successfully Completed
Real Estate Sale in Ingolstadt Successfully Completed • Real estate sale in Ingolstadt (Germany) to GERCHGROUP AG of Düsseldorf (Germany) on September 13, 2019, completed • Non-recurring profit contribution on a net profit level of around EUR 60 million from this transaction expected Investor Update
Slide 7: Order Intake by Business Group – Nine Months
Order Intake by Business Group – Nine Months -30% • Machines & Systems with CHF 255.8 million CHF million order intake (-41%), all regions effected by this 750 drop ‒ except for Pakistan and Latin America • Components with CHF 172.9 million order intake 525 (-16%), all regions effected ‒ except for
Slide 8: Outlook 2019
Outlook 2019 Rieter estimates significantly lower sales for the year 2019 as a whole compared to 2018, and expects a significant drop in the result from the ongoing business. EBIT and net profit are anticipated to be significantly above the levels of the previous year due to the non-recurring profit
Slide 9: Financial Calendar
Financial Calendar Publication of sales 2019 January 29, 2020 Deadline for proposals regarding the agenda of the Annual General Meeting February 22, 2020 Results press conference 2020 March 10, 2020 Annual General Meeting 2020 April 16, 2020 Investor Update 2019 . October 29, 2019 . 9
Slide 10: 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 11: Appendix
Appendix Investor Update 2019 . October 29, 2019 . 11
Slide 12: Order Intake by Business Group
Order Intake by Business Group CHF million Jan.-Sep. Jan.-Sep. Change Change in 2019 2018 local currency Rieter 524.5 749.8 -30% -30% Machines & Systems 255.8 433.4 -41% -41% Components 172.9 205.1 -16% -15% After Sales 95.8 111.3 -14% -14% Investor Update 2019 . October 29, 2019 . 12