Slide 1: AIXTRON Investor Presentation Full Year 2018 Results
AIXTRON Investor Presentation Full Year 2018 Results (February 26, 2019) © AIXTRON Investor Relations, February 2019
Slide 2: Forward-Looking Statements
DISCLAIMER 2 Forward-Looking Statements This document may contain forward-looking statements regarding the business, results of operations, financial condition and earnings outlook of AIXTRON. These statements may be identified by words such as “may”, “will”, “expect”, “anticipate”, “contemplate”, “
Slide 3: AIXTRON – FY 2018 & Q4/2018 Highlights
HIGHLIGHTS 3 AIXTRON – FY 2018 & Q4/2018 Highlights Solid Order Intake and Backlog • Strong demand from Lasers, Red-Orange-Yellow (ROY) LEDs, Power Management. Strong Gross Margins • Better utilization, currency tailwinds, favorable product mix AIXTRON and IRUJA: Joint Venture in APEVA • Joint
Slide 4: AIXTRON – 2018 Operational Performance
FINANCIALS 4 AIXTRON – 2018 Operational Performance Guidance vs Actuals: Achieved in all Metrics Upper-ends of 2018 Full Year Guidance Ranges reached without exception: • Order Intake: Around EUR 290 million Guided – EUR 302.5 million Reported • Revenues: Around EUR 260 million Guided – EUR 268.
Slide 5: Key Financials FY/2018 & Q4/2018
FINANCIALS 5 Key Financials FY/2018 & Q4/2018* * Rounded figures; may not add up +/- +/- (€ million) 2018 2017 Q4/18 Q3/18 % % Order intake 302.5 263.6 15 72.2 76.0 -5 Order backlog (equipment only) 138.3 108.6 27 138.3 151.9 -9 Revenues 268.8 230.4 17 87.9 63.4 39 Gross profit 117.6 74.0 59 39.4 27
Slide 6: Consolidated Income Statement
FINANCIALS 6 Consolidated Income Statement* * Rounded figures; may not add up +/- +/- (€ million) 2018 20171 Q4/18 Q3/18 % % Revenues 268.8 230.4 17 87.9 63.4 39 Cost of sales 151.2 156.4 -3 48.5 35.8 35 Gross profit 117.6 74.0 59 39.4 27.6 43 % 44% 32% 12 pp 45 44 1 pp Selling expenses 9.4 10.2 -8
Slide 7: Balance Sheet
FINANCIALS 7 Balance Sheet* * Rounded figures; may not add up (€ million) 31/12/18 30/09/18 31/12/17 Property, plant & equipment 63.1 63.8 64.3 Goodwill 71.6 71.5 71.2 Other intangible assets 2.1 1.6 1.8 Others 13.3 12.9 4.0 Non-current assets 150.1 149.8 141.3 Inventories 73.5 71.4 43.0 Trade recei
Slide 8: Consolidated Statement of Cash Flows
FINANCIALS 8 Consolidated Statement of Cash Flows* * Rounded figures; may not add up (€ million) 2018 2017 Q4/18 Q3/18 Net Result 45.9 6.5 18.2 11.7 Adjust for Non Cash Items 1.7 -7.8 1.8 -0.1 Changes in Working Capital -34.6 71.4 -12.4 2.3 Cash Flow from Operating Activities 13.0 70.1 7.6 13.9 Capi
Slide 9: AIXTRON Technologies and Products
AIXTRON TECHNOLOGIES AND PRODUCTS 9 Technology Portfolio for Complex Material Deposition OLED: OVPD®/PVPD® Carbon – PECVD NANO: Innovation Pool LEDs / Optoelectronics Lasers (VCSEL/EEL) GaN Power | GaN RF Power Management (e.g. 3D Sensing; Consumer (e.g. Wireless Charging; 5G, Electronics; Fast Char
Slide 10: AIXTRON – 2019 Guidance
OUTLOOK 10 AIXTRON – 2019 Guidance* Based on current order situation and 2019 Guidance* customer reticence, Management expects for 2019: 2019 Shippable • Total Order Intake between Equipment Order EUR 220 ~ 260 million Intake: EUR 77 ~ 107m • Revenues between Order Backlog as of EUR 260 ~ 290 millio
Slide 11: Financial Calendar & Contact Data
11 Financial Calendar & Contact Data • April 30, 2019 Q1/2019 Results, Conference Call • May 15, 2019 Annual General Meeting, Aachen (Germany) • July 25, 2019 H1/2019 Results, Conference Call • October 24, 2019 9M/2019 Results, Conference Call • February 2020 FY/2019 Results, Conference Call For fur
Slide 12: Technology. Materials. Performance.
Technology. Materials. Performance. AIXTRON SE Dornkaulstr. 2 52134 Herzogenrath Germany Phone +49 (2407) 9030-0 Fax +49 (2407) 9030-40 E-Mail invest@aixtron.com
Slide 13: Revenue Analysis
OPERATIONS 13 Revenue Analysis* * Rounded figures; may not add up FY/2018: FY/2018: FY/2018: by equipment & spares by end application by region (equipment only) 10% 16% 20% 18% 8% 26% 54% 82% 66% LED Asia Equipment Power Electronics Spares Europe Optoelectronics* USA Others * Optoelectronics include
Slide 14: 24-Month Business Development
FINANCIALS 14 24 - Month Business Development (€ million) Order Intake (incl. equipment, 61.9 66.6 69.6 65.7 78.6 75.6 76.0 72.2 service, spare parts) @ $1.10 @ $1.20 Order Backlog (equipment only) 138.3 151.9 138.3 108.6 114.9 93.4 99.2 87.6 @ $1.10 @ $1.20 Revenues 87.9 (incl. equipment, 53.6 60.6