Slide 1: AIXTRON Investor Presentation First Half 2016 Results
AIXTRON Investor Presentation First Half 2016 Results (August 11, 2016) © AIXTRON Investor Relations, August 2016
Slide 2: Additional information
DISCLAIMER 2 Additional information This document is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell securities. The takeover offer for the outstanding ordinary shares (including ordinary shares represented by American depositary shares) of
Slide 3: Cautionary statement regarding forward-looking statements
DISCLAIMER 3 Cautionary statement regarding forward-looking statements This document contains forward-looking statements, including statements regarding the expected consummation of the proposed transaction and AIXTRON SE’s future performance, which involves a number of risks and uncertainties, incl
Slide 4: AIXTRON Operational Updates
4 AIXTRON Operational Updates • GaN-LED (AIX R6): • Xiamen Changelight qualified AIX R6 MOCVD system in the production • GaAs compound application (Planetary technologies): • Nanchang Kingsoon expands production capacity with MOCVD cluster systems • Power Electronics • Repeat Orders from two major
Slide 5: Key Financials Q2/2016
FINANCIALS 5 Key Financials Q2/2016* (€ million) H1/16 H1/15 YoY Q2/16 Q1/16 QoQ Revenues 55.5 80.7 -31% 34.1 21.4 59% Gross profit 10.0 12.4 -19% 6.9 3.1 123% Gross margin 18% 15% 3 pp 20% 15% 5 pp EBITDA -20.0 -21.8 8% -8.2 -11.7 30% Operating result (EBIT) -25.9 -26.7 3% -11.2 -14.7 24% EBIT marg
Slide 6: Consolidated Income Statement
FINANCIALS 6 Consolidated Income Statement* (€ million) H1/16 H1/15 +/- Q2/16 Q1/16 +/- Revenues 55.5 80.7 -31% 34.1 21.4 59% Cost of sales 45.5 68.3 -33% 27.2 18.3 49% Gross profit 10.0 12.4 -19% 6.9 3.1 123% Gross Margin 18% 15% 3 pp 20% 15% 5 pp Selling expenses 5.8 6.3 -8% 2.9 2.9 -3% General &
Slide 7: Consolidated Statement of Cash Flows
FINANCIALS 7 Consolidated Statement of Cash Flows* (€ million) H1/16 H1/15 Q2/16 Q1/16 Cash Flow from operating activities -39.3 -6.4 -19.9 -19.4 Cash Flow from investing activities 26.4 8.9 19.3 7.1 Cash Flow from financing activities 0.1 -0.2 0.1 0.0 Exchange rate changes -2.6 5.2 0.1 -2.7 Net cha
Slide 8: Consolidated Statement of Financial Position
FINANCIALS 8 Consolidated Statement of Financial Position* (€ million) 30/6/16 31/12/15 30/6/15 Property, plant & equipment 77.2 81.3 80.6 Goodwill 74.4 75.9 77.1 Other intangible assets 5.8 6.4 5.7 Others 3.6 3.9 4.8 Non-current assets 161.0 167.6 168.2 Inventories, WIP & Finished Goods 78.2 70.8 8
Slide 9: AIXTRON – 2016/2017 Guidance
OUTLOOK 9 AIXTRON – 2016/2017 Guidance 2016 Guidance* • 2016 Revenues between H1/2016 EUR 170 ~ 200 Million revenues: EUR 55.5m • H2/2016 > H1/2016 • 2016 Total Order Intake between EUR 180 ~ 200 Million Shippable order backlog as of • With 2016 Revenues at High End of H1/2016: Range: Slight Improve
Slide 10: GCI Takeover Offer – Commitments to a Sustainable Future
10 GCI Takeover Offer – Commitments to a Sustainable Future Transaction could provide AIXTRON with the relevant support to successfully develop full technology roadmaps and to better access growth markets: GCI has committed to support AIXTRON to continue developing existing product lines, for its
Slide 11: Financial Calendar & Contact Data
11 Financial Calendar & Contact Data • November 8, 2016 9M/2016 Results, Conference Call • February 2017 FY/2016 Results, Conference Call • May 2017 Annual General Meeting, Aachen For further information please contact: Investor Relations & Corporate Communications AIXTRON SE Dornkaulstr. 2 5213
Slide 12: 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 13: Overview of the Takeover offer
13 Overview of the Takeover offer Bidder Grand Chip Investment GmbH, c/o Paul Hastings (Europe) LLP, Siesmayerstraße 21, 60323 Frankfurt am Main, Germany Target company AIXTRON SE, Dornkaulstraße 2, 52134 Herzogenrath, Germany Securities sought in the All no-par value registered shares in AIXTRON, T
Slide 14: Revenue Analysis
OPERATIONS 14 Revenue Analysis H1/2016: H1/2016: H1/2016: by equipment & spares by end application by region (equipment only) 4% 20% 20% 34% 35% 55% 25% 30% 66% 10% LED Equipment Silicon Asia Spares Power Electronics Europe Optoelectronics USA Others
Slide 15: 24-Month Business Development
FINANCIALS 15 24 - Month Business Development (€ million) Equipment (only) 49.7 50.2 49.3 48.9 52.5 44.4 51.1 Order Intake 34.4 31.3 @ $1.35 @ $1.25 @ $1.10 Equipment (only) 79.0 91.2 72.3 86.2 66.4 70.7 65.2 67.7 Order Backlog 42.9 * @ $1.35 @ $1.25 @ $1.10 *) revalued on Jan.1, 2016 to €46.7m at $
Slide 16: SINO IC Leasing – Shareholder Structure
16 SINO IC Leasing – Shareholder Structure SMIC SEMICONDUCTOR China Development Bank National China IC Industry ORIENT FINANCIAL MANUFACTURING International Holdings Investment Fund Co., Ltd. / HOLDINGS LIMITED INTERNATIONAL CORP Limited SINO IC Jiangsu Zhongneng Fujian San’An Beijing Xin Dong Tibet
Slide 17: SINO IC Fund Structure
17 SINO IC Fund Structure China Development China tobacco China Mobile E-TOWN Capital Bank Capital Shanghai Guosheng CETC UNIS SINO IC CAPITAL Initiators Financing Institution Large Scale SINO IC or Enterprises National IC Industry Investment Fund Co., Ltd or Social Capital CICIIF Source: Overview o