HELLA GmbH & Co. KGaA · XETR:HLE

HELLA GmbH & Co. KGaA — 9M FY2015/16 Earnings Presentation

18 slides from HELLA GmbH & Co. KGaA's earnings presentation, Apr 13, 2016

  1. Slide 1: HELLA Investor Update 9 months FY 2015/16

    HELLA Investor Update 9 months FY 2015/16 Conference Call on April 13th, 2016 Dr. Rolf Breidenbach, CEO Dr. Wolfgang Ollig, CFO Carl Pohlschmidt, Finance Director HF-7761DE_C (2012-12)

  2. Slide 2: Disclaimer

    Disclaimer This document was prepared with reasonable care. However, no responsibility can be assumed for the correctness of the provided information. In addition, this document contains summary information only and does not purport to be comprehensive and is not intended to be (and should not be co

  3. Slide 3: Outline

    HELLA Investor Update 9 months 2015/16 Outline HELLA Group Key Achievements Outlook Q&A 3

  4. Slide 4: Financial Highlights 9 months 2015/16

    HELLA Group Key Achievements Financial Highlights 9 months 2015/16 FINANCIAL HIGHLIGHTS HELLA Group sales up 10.3% YoY to 4.7 bill. EUR, thereof 2.4%-points FX effects (mainly USD and CNY) Third party sales development per segment compared to previous year: − Automotive: +11.0% driven by product lau

  5. Slide 5: Sales – Outperforming the market in the first 9 months of FY 2015/16

    HELLA Group Key Achievements Sales – Outperforming the market in the first 9 months of FY 2015/16 New passenger car registrations (in millions) Global1 Europe China USA +4% +11% +9% +6% 45.0 46.7 10.4 14.2 15.4 12.1 12.8 9.4 9 months 9 months 9 months 9 months 9 months 9 months 9 months 9 months FY

  6. Slide 6: P&L (I) – Gross Profit

    HELLA Group Key Achievements P&L (I) – 9 months 2014/15 to 9 months 2015/16 EUR millions and % sales Gross Profit and adj.* Gross Profit Gross Profit 9 months FY 15/16 1.264 increased by 98 mill. EUR (+9%) to 1.237 1,237 mill. EUR after deduction of 27 Gross mill. EUR one-off expenses for the +125 P

  7. Slide 7: P&L (II) – R&D expenses

    HELLA Group Key Achievements P&L (II) – 9 months 2014/15 to 9 months 2015/16, R&D expenses EUR millions and % sales 9 months R&D expenses R&D ratio 9 months FY15/16 stable at 9.6% driven by increase of ratio in Q3 FY15/16 by 0.7pp to 10.5% 9.6 9.6 after over-proportional increase in absolute develop

  8. Slide 8: P&L (III) – Administrative and Distribution expenses

    HELLA Group Key Achievements P&L (III) – 9 months 2014/15 to 9 months 2015/16 Administrative (in mill. EUR, % of sales) Comment 3.4 3.3 9 months FY15/16 ratio decreased by 0.1%-points to 3.3% driven by strong top 3.7% line growth compared to 9 months previous year 142 154 +12 Q3 FY15/16 ratio remain

  9. Slide 9: P&L (III) – EBIT and adj. EBIT

    HELLA Group Key Achievements P&L (III) – 9 months 2014/15 to 9 months 2015/16 EUR millions and % sales EBIT and adj. EBIT Adjusted EBIT (excluding restructuring 345 costs and cost for supplier default) Adj EBIT increased by 27 mill. EUR (9%) to 345 +27 EBIT 318 55 mill. EUR 309 EBIT Supplier failure

  10. Slide 10: Operative CF - 9 months 2014/15 to 9 months 2015/16

    HELLA Group Key Achievements Operative CF - 9 months 2014/15 to 9 months 2015/16 EUR millions and cash conversion ratio** Operative CF* increased by 54 mill. EUR Operative CF* 35 to 35 mill. EUR Cash settlements for restructurings of 12 mill. EUR (31 mill. EUR in FY 14/15) and 34 mill. EUR cash out

  11. Slide 11: Segment Highlights – 9 months 2014/15 to 9 months 2015/16

    HELLA Group Key Achievements Segment Highlights – 9 months 2014/15 to 9 months 2015/16 Automotive* Aftermarket* Special Applications* Lighting 3,527 10.0% Electronics 228 11.0% 7.1% 8.0% 6.1% 6.4% 7.9%** 223 5.6% 5.2% 3,176 1,974 6.6% 875 537 646 2.0% 817 1,760 12 12 1.4% 255 279 47 50 56 1,416 1,55

  12. Slide 12: Quarterly Comparison – Q3 FY 15/16 vs. Q3 FY 14/15

    HELLA Group Key Achievements Quarterly Comparison – Q3 FY 15/16 vs. Q3 FY 14/15 GROUP Q3 FY 14/15 Q3 FY 15/16 Comment organic sales 5.6% 6.5% Strong organic growth in growth* (YoY) Q3 FY 15/16 in FX (YoY) 3.1% 0.9% Automotive, stabilization NCR** (YoY) 5.1% Automotive in Special Applications 4.6% Af

  13. Slide 13: Quarterly Comparison – 9 months 2015/16

    HELLA Group Key Achievements Quarterly Comparison – 9 months 2015/16 Q1 FY 15/16 Q2 FY 15/16 Q3 FY 15/16 9M FY 15/16 GROUP organic sales 9.5% 8.0% 6.5% 7.9% growth*(YoY) FX (YoY) 4.0% 2.3% 0.9% 2.4% GROUP Sales growth 13.5% 10.3% 7.4% 10.3% (YoY) NCR* (YoY) 0.0% 6.0% 4.6% 3.6% 27.6% 27.8% 27.0% 27.0

  14. Slide 14: Outline

    HELLA Investor Update 9 months 2015/16 Outline HELLA Group Key Achievements Outlook Q&A 14

  15. Slide 15: Outlook – Market specific outlook

    Outlook Market specific outlook Outlook Automotive Sales Region Comment (in m pieces) +6% +1% • Positive development of new car registrations in 2015 Germany 3.2 3.2 • Modest expected growth of approx. 1% for 2016 2015 2016 +6% +1% • Strong growth to above pre-crises levels in most Western Western E

  16. Slide 16: Outlook – Company specific outlook FY 2015/16

    Outlook Company specific outlook FY 2015/16 Presuming no serious economic turmoil, we assume a further positive development of the operative HELLA business, however a decline in EBIT due to one-off charges in the FY 2015/16: Guidance Comment Sales still expected to grow in the Growth in medium to hi

  17. Slide 17: Outline

    HELLA Investor Update 9 months 2015/16 Outline HELLA Group Key Achievements Outlook Q&A 17

  18. Slide 18: Thanks for your attention

    Thanks for your attention Dr. Kerstin Dodel, CFA Head of Investor Relations Office phone +49 2941 38 - 1349 Facsimile +49 2941 38 - 471349 Mobile phone +49 174 3343454 E-Mail kerstin.dodel@hella.com Internet www.hella.com

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