Bertrandt Ag · XETR:BDT

Bertrandt — Investor Day (May 2015)

30 slides from Bertrandt's investor day presentation, May 20, 2015

1. Slide 1: 10th Capital Market Day: Comment on first half FY 2014/2015

   10th Capital Market Day Comment on first half FY 2014/2015 Dietmar Bichler, CEO Ehningen, 20 May 2015

2. Slide 2: Agenda

   Agenda 1. Business conditions 2. Market conditions for Bertrandt 3. Key figures for the first half of fiscal year 2014/2015 4. Outlook 10th Capital Market Day | Bertrandt AG, May 2015 2015-05 | BI 1

3. Slide 3: Business conditions

   Business conditions  Global economic recovery  Sharp drop in crude oil price  Depreciation in euro exchange rate  Upturn in advanced economies, pace of growth in emerging economies remains measured  Experts anticipate Germany's GDP growing by 2.1 percent in 2015 Source: Joint Economic Forecast

4. Slide 4: Automotive industry

   Automotive industry Car sales 120 (millions of units) actual estimated 100 World 80 60 BRIC 40 NAFTA 20 Western Europe 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Source: VDA, OICA, Scotia Bank, Deutsche Bank | NAFTA and World incl. Light Trucks 10th Capital Market Day |

5. Slide 5: Civil aviation

   Civil aviation Fleet in service 37,463 19,003 Growth Demand for 31,358 18,460 new aircraft 12,355 Replaced Stay in service 6,105 and converted 2014 2033 Source: Airbus „Global Market Forecast 2014 to 2033“ | Passenger aircraft ≥100 seats, Freighter aircraft ≥10 tonnes 10th Capital Market Day | Bertr

6. Slide 6: Technological key sectors

   Technological key sectors Ifo 25 Business Climate Index Germany (Balances, seasonally adjusted) 20 Manufacturing 15 industry 10 Industrial economy 5 0 Source: CESifo Group Munich 10th Capital Market Day | Bertrandt AG, May 2015 2015-05 | BI 5

7. Slide 7: Agenda

   Agenda 1. Business conditions 2. Market conditions for Bertrandt 3. Key figures for the first half of fiscal year 2014/2015 4. Outlook 10th Capital Market Day | Bertrandt AG, May 2015 2015-05 | BI 6

8. Slide 8: Model diversity increases

   Model diversity increases Automotive 45 new models without predecessor 333 339 317 326 294 303 2014 2015 2016 2017 2018 2019 Source: Internal calculation | Series including derivatives (Station Wagon, Coupe etc.), no facelifts, no special variants (AMG GmbH/M-GmbH/quattro GmbH) 10th Capital Market D

9. Slide 9: Potentials in automotive industry

   Potentials in automotive industry Automotive  Automotive industry continues European market for engineering high spending on R&D 10 services in the automotive industry (EUR billion)  Outsourcing in EU shall rise by 19 percent until 2020 8 7.4  Technological trends in line 6.2  Green mobility 6 

10. Slide 10: Regulation increases technological pressure

    Regulation increases technological pressure Automotive CO2 targets of major car markets (g/km) 132 169 178 94 132 116 75* 95* 101* 2012 2021 2025* 2012 2021 2025* 2012 2021 2025* Source: Roland Berger Strategy Consultants „Mobility 2025 and beyond“ | Average weight-related CO2 emission targets | *pl

11. Slide 11: Potentials in civil aviation

    Potentials in civil aviation Civil aviation  Sustainability and comfort characterize technological development trends  Alternative materials and structures for less weight  New engine technologies for reduced fuel consumption  Hybridization for greater energy efficiency, e.g. fuel cells for on-b

12. Slide 12: Potentials throughout Industry 4.0

    Potentials throughout Industry 4.0 Industry  Intelligent networking of products and Potential for the gross value processes in the technological value added 600,0 added by Industry 4.0 in the German industry (EUR billion)  For the six key industries in Germany an 500,0 additional value creation of

13. Slide 13: Agenda

    Agenda 1. Business conditions 2. Market conditions for Bertrandt 3. Key figures for the first half of fiscal year 2014/2015 4. Outlook 10th Capital Market Day | Bertrandt AG, May 2015 2015-05 | BI 12

14. Slide 14: Bertrandt: first half of FY 2014/2015

    Bertrandt: first half of FY 2014/2015  9,7 percent EBIT margin  High Capex  63,2 percent equity ratio  11.859 employees worldwide 10th Capital Market Day | Bertrandt AG, May 2015 2015-05 | BI 13

15. Slide 15: Revenues - Half-year figures (EUR million)

    Revenues* − Half-year figures (EUR million) +9.0% 451.4 414.0 375.4 342.0 267.8 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 *Financial indicators refer to the group 10th Capital Market Day | Bertrandt AG, May 2015 2015-05 | BI 14

16. Slide 16: EBIT - Half-year figures (EUR million)

    EBIT* − Half-year figures (EUR million) +6.7% 43,8 43.8 41.1 41,1 36.3 37.2 37,2 36,3 27.9 27,9 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 EBIT-Marge 10.4% 10.6% 9.9% 9.9% 9.7% *Financial indicators refer to the group 10th Capital Market Day | Bertrandt AG, May 2015 2015-05 | BI 15

17. Slide 17: EAT - Half-year figures (EUR million)

    EAT* − Half-year figures (EUR million) +4.2% 29,9 29.9 28.7 28,7 26.0 26.5 26,5 26,0 19.9 19,9 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 *Financial indicators refer to the group 10th Capital Market Day | Bertrandt AG, May 2015 2015-05 | BI 16

18. Slide 18: Expenses - Half-year figures (EUR million)

    Expenses* − Half-year figures (EUR million Personnel expenses +6.9% Personalaufwand Material expenses Materialaufwand Sonstige betriebliche Other operating Aufwendungen expenses 320.3 299.6 +30.1% +8.1% 31.9 41.5 37.1 40.1 2013/2014 2014/2015 2013/2014 2014/2015 2013/2014 2014/2015 Expense 72.4% 70.

19. Slide 19: Equity - Half-year figures (EUR million)

    Equity* − Half-year figures (EUR million) +16.7% 286,7 286.7 245.7 245,7 208.4 208,4 175.2 175,2 144.3 144,3 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 Equity ratio 57.8% 55.1% 58.7% 60.0% 63.2% *Financial indicators refer to the group 10th Capital Market Day | Bertrandt AG, May 2015 2015-05

20. Slide 20: Capital spending - Half-year figures (EUR million)

    Capital spending* − Half-year figures (EUR million) +57.4% 34,0 34.0 23.9 23,9 21.6 21,6 14.7 14,7 11.1 11,1 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 *Financial indicators refer to the group 10th Capital Market Day | Bertrandt AG, May 2015 2015-05 | BI 19

21. Slide 21: Overview of investments in the first half of 2014/2015

    Overview of investments in the first half of 2014/2015  Infrastructure close to our customers  Expansion and endorsement of construction and testing facilities  Examples for capex in technical equipment  Testing center for safety in Munich  Testing for systems and moduls  Testing center for dr

22. Slide 22: Free cashflow - Half-year figures (EUR million)

    Free cashflow* − Half-year figures (EUR million) 23,8 22,5 23.8 22.5 1,0 2,0 2.0 1.0 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 -14,0 -14.0 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 *Financial indicators refer to the group 10th Capital Market Day | Bertrandt AG, May 2015 2015-05 | BI

23. Slide 23: Revenues by segment - Half-year figures (EUR million)

    Revenues by segment* − Half-year figures (EUR million) Digital Engineering Physical Engineering Elektrik/Elektronik Electrics/Electronics +9.8% +11.1% +5.0% 265,6 265.5 95,2 241.9 241,9 95.2 86.3 90,6 90.6 85.7 85,7 86,3 2013/2014 2014/2015 2013/2014 2014/2015 2013/2014 2014/2015 EBIT margin by segm

24. Slide 24: Bertrandt - An attractive employer

    Bertrandt – An attractive employer  Rank 91 of the top employers in 2015 Development employees* in the fields of engineering (trendence Institute Berlin) +5.9% 11,859 11,195  Rank 90 of the top employers for graduates of engineering sciences in 2014 (Universum Student Survey) 1st half 1st half FY

25. Slide 25: Recruiting and qualification

    Recruiting and qualification  Variety of vacancies over the entire range of qualifications and all hierarchies  Package of measures  Presence at universities and job fairs  Scholarships for students  Presence on online job markets  Over 300 seminars for technical training, leadership programs

26. Slide 26: Agenda

    Agenda 1. Business conditions 2. Market conditions for Bertrandt 3. Key figures for the first half of fiscal year 2014/2015 4. Outlook 10th Capital Market Day | Bertrandt AG, May 2015 2015-05 | BI 25

27. Slide 27: The Bertrandt fiscal year 2014/2015 - Outlook (1/2)

    The Bertrandt fiscal year 2014/2015 − Outlook (1/2)  Drives in key industries are inline  Investments reflect entrepreneurial opportunities and prospects of the Group  Basis for sustainable growth  Systematic cost management  Consistent review and optimization of processes assure our high level

28. Slide 28: The Bertrandt fiscal year 2014/2015 - Outlook (2/2)

    The Bertrandt fiscal year 2014/2015 − Outlook (2/2)  Assuming that the economic conditions will not deteriorate and invests in research and development of new technologies and models continue, Bertrandt expects ongoing growth in revenues and earnings 10th Capital Market Day | Bertrandt AG, May 2015

29. Slide 29: Thank you!

    bertranct Thank you!

30. Slide 30: Legal notice

    Legal notice  This presentation contains inter alia certain foresighted statements about future developments, which are based on current estimates of management. Such statements are subjected to certain risks and uncertainties. If one of these factors of uncertainty or other imponderables should oc

Bertrandt — Investor Day (May 2015) on 6ix