Jungheinrich AG · XETR:JUN3
Jungheinrich — Q1 2015 Earnings Presentation
14 slides from Jungheinrich's earnings presentation, May 8, 2015
Slide 1: Conference Call Interim Report as of March 31, 2015
Conference Call Interim Report as of March 31, 2015 Growing with Passion Hans-Georg Frey, Chairman of the Board of Management Dr. Volker Hues, Member of the Board of Management, Finance Hamburg, May 8, 2015
Slide 2: Highlights of the Material Handling Equipment Market—Q1 2015
Highlights of the Material Handing Equipment Market —Q1 2015 World material handling equipment market expands by 4% Demand in Europe rises by 13%—despite the dramatic shrinkage of the Russian market Market volume in Eastern Europe—excluding Russia—grows by 8% The Asian market decreases in vo
Slide 3: Jungheinrich Highlights—Q1 2015
Jungheinrich Highlights—Q1 2015 New truck business: 20% growth in incoming orders in terms of units Value of incoming orders (all business areas) rises by 11% At 22.2 thousand forklifts, production slightly outpaced last year’s very strong first quarter Net sales grow by 8% EBIT, EBT and n
Slide 4: World Material Handling Equipment Market—Q1 2015
World Material Handling Equipment Market—Q1 2015 Growth Rates by Region in terms of units; compared to Q1 2014 Worldmarket in thousand of units 272.3 282.4 Europe +13% Q1 2014 Q1 2015 Western +17% Eastern -11% thereof Russia -46% Asia -5% thereof China -13% North America +9% World +4% Source: WITS,
Slide 5: Incoming Orders of all Business Fields
Incoming Orders of all Business Fields in million € Over 60% of the rise is due to new truck business 600 +11% 666 Q1 2014 Q1 2015 5 Conference Call—May 8, 2015
Slide 6: Business Trend—New Truck Business
Business Trend—New Truck Business in units Incoming orders Production 20,469 +20% 24,486 22,039 +1% 22,168 Q1 2014 Q1 2015 Q1 2014 Q1 2015 6 Conference Call—May 8, 2015
Slide 7: Orders on Hand—New Truck Business
Orders on Hand—New Truck Business in million € 379 +19% 451 The order reach was four months 12/31/2014 03/31/2014 7 Conference Call—May 8, 2015
Slide 8: Net Sales and Earnings
Net Sales and Earnings in million € Consolidated net sales EBIT EBIT ROS 7.0% 6.8% 575 +8% 620 40.2 +5% 42.3 Q1 2014 Q1 2015 Q1 2014 Q1 2015 All business fields contributed to net sales growth 8 Conference Call—May 8, 2015
Slide 9: R&D and Capital Expenditures
R&D and Capital Expenditures in million € R&D Expenditures Capital Expenditures Capex ratio as a percentage of net sales Capitalization ratio 25% 19% 2% 3% 12.1 13.1 14 16 Q1 2014 Q1 2015 Q1 2014 Q1 2015 Capital expenditures characterized by large-scale construction projects 9 Conference Call—May
Slide 10: Workforce Trend
Workforce Trend in full-time equivalent (FTE) 12,549 +191 12,740 Germany 5,638 5,690 ■ Sales remain the focal point of the continued headcount expansion Abroad 6,911 7,050 12/31/2014 03/31/2015 10 Conference Call—May 8, 2015
Slide 11: World Material Handling Equipment Market
World Material Handling Equipment Market in thousand units Worldwide Europe thereof Eastern- 2015e europe ?% thereof Eastern- 2014 +9% 345 europe -0.4% thereof Eastern- 2013 +2% 316 europe +8% 951 1,010 +8% 1,094 Asia 2015e 2014 +11% 444 2013 +11% 401 2007 2013 2014 2015e North Amerika We expect m
Slide 12: Jungheinrich Group—Forecast for 2015
Jungheinrich Group—Forecast for 2015 EBIT EBT Incoming orders Net sales €190 million - €170 million - €2.6 bn - €2.7 bn1 €2.6 bn - €2.7 bn1 €200 million1 €180 million1 Capital expenditures in tangible assets €90 million - €100 million Research and development expenditures ~ €50 million ROCE 15% - 20
Slide 13: Disclaimer
Disclaimer Since developments cannot be foreseen, the actual business trend may deviate from the expectations presented here based on assumptions and estimates made by Jungheinrich company management. Factors that may lead to such deviations include changes in the economic environment, changes in th
Slide 14: Jungheinrich – Machines. Ideas. Solutions.
DUNGHEINRICH Machines. Ideas. Solutions.