Heidelberger Druckmaschinen Ag · XETR:HDD

Heidelberger Druckmaschinen — Q1 2016/2017 Earnings Presentation

14 slides from Heidelberger Druckmaschinen's earnings presentation, Aug 10, 2016

  1. Slide 1: Conference Call Q1-2016/2017

    Conference Call Q1-2016/2017 GEROLD LINZBACH, CEO| DIRK KALIEBE, CFO August 10, 2016

  2. Slide 2: Highlights Q1-2016/2017: Successful strategic realignment reflected in strong incoming orders at drupa

    Highlights Q1-2016/2017 : Successful strategic realignment reflected in strong incoming orders at drupa Heidelberg presented itself at drupa 2016 in Düsseldorf with a successful repositioning under the motto "Simply Smart" and is pressing ahead with the digitization of the industry: − Leader in digi

  3. Slide 3: Key figures 3m 2016/17

    Key figures 3m 2016/17 Comments in € million Q1 15/16 Q1 16/17 Δ pY ● Order intake clearly outperforms last years Q1 (incl. China trade show) due to drupa; solid Order intake 703 804 +14% order backlog of € 768m (+67% vs FYE) Sales 563 486 -14% ● Usual restrained investment activity ahead of EBITDA

  4. Slide 4: drupa shapes business development in FY2016/17

    drupa shapes business development in FY2016/17 • Substantial sales increase in HY2 expected (drupa deliveries) • Full-year EBITDA-margin target: HDE 4-6%, HDS 9-11% • Strongly increased backlog after successful trade show Sales by segment EBITDA by segment Order backlog € million € million 563 € -77

  5. Slide 5: Outlook – on track

    Outlook – on track Outlook FY 2015/16 FY 2016/17 Mid-term target € 2,512m up to 4% up to 4 % p.a./ (€ 2,426m) increase target ~ € 3bn 7.8 % on previous year‘s level Bandwidth HDE ~ 5% HDE 4-6% 7% - 10% HDS ~11% HDS 9-11% € 28m moderate increase further increase 1.5 below 2 below 2 © Heidelberger Dru

  6. Slide 6: Summary: Financial Highlights Q1-2016/2017

    Summary: Financial Highlights Q1-2016/2017  Order intake in Q1 at € 804m; order backlog increases by 67 percent against previous quarter to € 768m  Sales in Q1 at € 486m; EBITDA before special items slightly positive at € 1m; Net result after taxes at € –37m  Positive free cash flow of € 6m; Net

  7. Slide 7: BACKUP

    BACKUP © Heidelberger Druckmaschinen AG 7

  8. Slide 8: Balance sheet

    Balance sheet Figures in € thousands Figures in € thousands 31-Mar-2016 30-Jun-2016 31-Mar-2016 30-Jun-2016 Non-current assets Equity Intangible assets 221.637 226.297 Issued capital 658.676 658.676 Property, plant and equipment 478.119 477.654 Capital reserves, retained earnings and other reserves

  9. Slide 9: Interim consolidated income statement - April 1, 2016 to June 30, 2016

    Interim consolidated income statement - April 1, 2016 to June 30, 2016 Figures in € thousands 1-Apr-2015 1-Apr-2016 to to 30-Jun-2015 30-Jun-2016 Net sales 563.103 485.850 Change in inventories 35.359 88.638 Other own work capitalized 3.932 15.544 Total operating performance 602.394 590.032 Other op

  10. Slide 10: Interim consolidated statement of cash flows - April 1, 2016 to June 30, 2016

    Interim consolidated statement of cash flows - April 1, 2016 to June 30, 2016 Figures in € thousands 1-Apr-2015 to 1-Apr-2016 to 30-Jun-2015 30-Jun-2016 Net result after taxes -4.122 -36.897 Depreciation, amortization, write-downs and write-ups 1) 18.599 19.468 Change in pension provisions 1.908 2.4

  11. Slide 11: Financial framework

    Financial framework Financial framework Maturity profile Other instruments | amortizing Total framework Convertible bond (July 2017) of around € 700m Convertible bond (March 2022)* Syndicated credit line (June 2019)** Corporate bond Corporate bond (May 2022) Other instruments including EIB loan | am

  12. Slide 12: Order intake – regional split

    Order intake – regional split Order intake Q1 2016/17 (Q1 2015/16) South America 2.5% North America (4.5%) 16.3% (14.5%) EMEA 49.1% (39.0%) € 804m (€ 703m) 21.7% (33.7%) Asia/Pacific 10.4% (8.3%) Eastern Europe © Heidelberger Druckmaschinen AG 12

  13. Slide 13: Financial Calendar

    Financial Calendar Date Release of the figures for the second quarter 2016/2017 November 9, 2016 Release of the figures for the February 9, 2017 third quarter 2016/2017 Final Figures FY2016/2017 June 8, 2017 AGM FY 2016/2017 July 27, 2017 © Heidelberger Druckmaschinen AG 13

  14. Slide 14: Disclaimer

    Disclaimer This document was drawn up by Heidelberger Druckmaschinen its affiliates / subsidiaries or the respective legal representatives AG (the “Company”) solely for information purposes. All shall be liable in any way whatsoever (whether due to recipients must treat it as confidential and must n

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