Slide 1: AIXTRON Investor Presentation – Results Presentation Full Year 2019
AIXTRON Investor Presentation Results Presentation – Full Year 2019 (FSE: AIXA, ISIN DE000A0WMPJ6) © AIXTRON Investor Relations, February 2020
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/2019 and Q4/2019 Highlights
HIGHLIGHTS 3 AIXTRON – FY/2019 and Q4/2019 Highlights Orders and Revenues improved further in Q4/2019 • Backlog up at EUR 116.7m • Ongoing customer discussions suggest healthy order momentum into 2020 2019 Guidance achieved despite challenging economic environment • Free cash flow was higher tha
Slide 4: Consolidated Income Statement
FINANCIALS 4 Consolidated Income Statement* * Rounded figures; may not add up +/- +/- (€ million) 2019 2018 Q4/19 Q3/19 % % Revenues 259.6 268.8 -3 75.1 52.6 43 Cost of sales 150.9 151.2 0 41.1 30.4 35 Gross profit 108.7 117.6 -8 34.0 22.1 54 % 42 44 -2 pp 45 42 3 pp Selling expenses 9.9 9.4 6 2.8 2
Slide 5: Balance Sheet
FINANCIALS 5 Balance Sheet* * Rounded figures; may not add up (€ million) 31/12/19 30/09/19 31/12/18 Property. plant & equipment 64.5 64.8 63.1 Goodwill 72.4 72.2 71.6 Other intangible assets 2.4 2.2 2.1 Others 11.7 12.5 13.3 Non-current assets 151.0 151.8 150.1 Inventories 79.0 87.9 73.5 Trade rece
Slide 6: Consolidated Statement of Cash Flows
FINANCIALS 6 Consolidated Statement of Cash Flows* * Rounded figures; may not add up (€ million) 2019 2018 Q4/19 Q3/19 Net Result 32.5 45.9 12.2 4.4 Adjust for Non Cash Items 13.1 0.7 3.9 3.0 Changes in Working Capital -2.8 -34.6 20.0 -2.4 Cash Flow from Operating Activities 42.8 11.9 36.1 5.0 Capex
Slide 7: Update on Development Projects
OPERATIONS 7 Update on Development Projects Progress in OVPD Qualification Process • OLED process and Gen2 tool being jointly operated and enhanced • Large Area follow up tool commitment expected Progress in SiC Power • Next-gen high throughput SiC power tool in qualification with multiple custo
Slide 8: AIXTRON – 2020 Guidance
OUTLOOK 8 AIXTRON – 2020 Guidance* Based on current order situation, 2020 Guidance* Management expects for 2020**: • Total Order Intake between 2020 Shippable EUR 260 ~ 300 million Equipment Order Intake: • Revenues between EUR 98 ~ 138m EUR 260 ~ 300 million Order Backlog as of • Gross Margin of ~4
Slide 9: Financial Calendar & Contact Data
9 Financial Calendar & Contact Data • April 30, 2020 Q1/2020 Results, Conference Call • May 20, 2020 Annual General Meeting, Aachen, Germany • July 23, 2020 H1/2020 Results, Conference Call • October 29, 2020 9M/2020 Results, Conference Call • February 2021 FY/2020 Results, Conference Call For furth
Slide 10: AIXTRON – Our technology. Your future.
AIXTRON – Our technology. Your future. AIXTRON SE Dornkaulstr. 2 52134 Herzogenrath Germany Phone +49 (2407) 9030-0 Fax +49 (2407) 9030-40 E-Mai info@aixtron.com
Slide 11: Key Financials FY 2019
FINANCIALS 11 Key Financials FY 2019* * Rounded figures; may not add up +/- +/- (€ million) 2019 2018 Q4/19 Q3/19 % % Order intake 231.9 302.5 -23 81.4 52.2 56 Order backlog (equipment only) 116.7 138.3 -16 116.7 108.4 8 Revenues 259.6 268.8 -3 75.1 52.6 43 Gross profit 108.7 117.6 -8 34.0 22.1 54 %
Slide 12: Revenue Analysis
OPERATIONS 12 Revenue Analysis* * Rounded figures; may not add up 2019 2019 2019 by equipment & spares by end application by region (equipment only) 4% 16% 35% 20% 16% 43% 68% 80% 18% LED Asia Equipment Power Electronics Spares Europe Optoelectronics* Americas Others * Optoelectronics includes appli
Slide 13: 24-Month Business Development
FINANCIALS 13 24 - Month Business Development (€ million) Order Intake (incl. equipment. 78.6 75.6 76.0 72.2 81.4 53.6 52.2 service. spare parts) 44.7 @ $1.20 @ $1.20 Order Backlog (equipment only) 151.9 138.3 138.3 114.9 125.7 116.7 110.1 108.4 @ $1.20 @ $1.20 Revenues 87.9 75.1 (incl. equipment. 6