Heidelberger Druckmaschinen Ag · XETR:HDD

Heidelberger Druckmaschinen — Q1 FY2014/15 Earnings Presentation

16 slides from Heidelberger Druckmaschinen's earnings presentation, Aug 13, 2014

  1. Slide 1: Interim Results 3-month figures FY 15

    HEIDELBERGER DRUCKMASCHINEN AG, AUGUST 13, 2014 Interim Results 3-month figures FY 15 Gerold Linzbach, CEO Dirk Kaliebe, CFO Robin Karpp, Head of IR

  2. Slide 2: Further improvement of results in Q1 – Reorganization continues

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Further improvement of results in Q1 – Reorganization of the Group continues  Markets still volatile – weak local currencies with persisting investment reluctance  Positive EBITDA in Q1 – continuous improvement of operating

  3. Slide 3: Realignment of Postpress portfolio executed

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Realignment of Postpress portfolio executed  Improved competitiveness in packaging business thanks to strategic partnership with Chinese manufacturer  Folding machine business to be restructured  Manufacture of all other ow

  4. Slide 4: Next steps in strategic repositioning of Heidelberg

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Next steps in strategic repositioning of Heidelberg  Finalize reorganization of Postpress business  Evaluate potential acquisition targets in Consumables business  First Digital label machine to be presented in September to

  5. Slide 5: We deliver what we promise: EBITDA margin to reach at least 8%

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 We deliver what we promise: EBITDA margin to reach at least 8 % EBITDA margin % > 8,0% at least 8% 5,9% 2,9% FY 2012/13 FY 2013/14 FY 2014/15 FY 2015/16 © Heidelberger Druckmaschinen AG Target: Sustainable profitability  Resu

  6. Slide 6: Continuous improvement in profitability despite low volume in Q1

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Continuous improvement in profitability despite low volume in Q1 Net Sales by division EBIT* by division Comments €m €m 600  Sales down by 14% yoy due to low order -14% backlog as of March 2014, FX effects and 504 € +9m trade

  7. Slide 7: Improvement of profitability on track - Leverage on target level

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Improvement of profitability on track - Leverage on target level Key figures Comments 3m 3m in €m 2013/14 2014/15 D to pY  Positive EBITDA in Q1; continuous improvement for almost 2 years  Financial result in Q1 FY15 with lo

  8. Slide 8: Balance sheet: Further reduction of balance sheet total

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Balance sheet: Further reduction of balance sheet total > Assets FY 2014 FY 2014 FY 2015 > Equity and liabilities FY 2014 FY 2014 FY 2015 30.06.2013 31.03.2014 30.06.2014 30.06.2013 31.03.2014 30.06.2014 Figures in mEUR Figure

  9. Slide 9: Financial framework: No major maturities until CY 2017/2018

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Financial framework: No major maturities until CY 2017/2018 Financial framework Maturity profile €m Extended RCF (Jun 2017) 785 Convertible Bond (Jul 2017) High Yield Bond (Apr 2018) 51 Other (amortizing) Net debt (as of June

  10. Slide 10: Highlights Q1 FY 2014/15

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Highlights Q1 FY 2014/15  Low order backlog at the beginning of the year leads to declining Sales in Q1 (-14% against previous year)  EBITDA in Q1 with € 6m positive (previous year € -2 m) – continuous yoy improvement for al

  11. Slide 11: Q&A

    Q&A “HEIDELBERG

  12. Slide 12: Investor Relations

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Investor Relations Robin Karpp Head of Investor Relations + 49 (0) 6221 92-6020 + 49 (0) 6221 92-5189 (Fax) robin.karpp@heidelberg.com Heidelberger Druckmaschinen AG Kurfuersten-Anlage 52-60 69115 Heidelberg Germany © Heidelbe

  13. Slide 13: Disclaimer

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Disclaimer This presentation contains forward-looking statements with respect to future results, performance and achievements that are subject to risk and uncertainties and reflect management's views and assumptions formed by

  14. Slide 14: Financial Calendar 2013/14

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Financial Calendar 2013/14 Date Release of the figures for the November 12, 2014 second quarter 2014/2015 Release of the figures for the February 4, 2015 third quarter 2014/2015 AGM FY2014/15 June10, 2015 © Heidelberger Druckm

  15. Slide 15: Order intake in Q1 in line with previous quarters

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Order intake in Q1 in line with previous quarters Order intake FY 2013/14 – Q1 2014/15 Comments  Order intake Q1 14/15 at € 588m €m 643 (FX adjusted € 604m); headwind 614 600 592 587 588 from FX and investment reluctance in r

  16. Slide 16: Order intake – Regional split

    Interim Results 3-month figures FY 15 | August 13th, 2014 28. Januar 2008 Order intake – Regional split Q1 2014/15 (PY) South America North America 4.0% (3.8%) 15.6% (12.0%) 39.1% (34.5%) Europe, Middle 12.6% € 588m* East and Africa Eastern Europe (10.4%) (€ 643m) © Heidelberger Druckmaschinen AG 28

Heidelberger Druckmaschinen — Q1 FY2014/15 Earnings Presentation on 6ix