Slide 1: Powering the digital marketplace
i \ \ Powering the digital marketplace
Slide 2: Tecnotree Corporation Interim Report Q2/2014
Tecnotree Corporation Interim Report Q2/2014 13 August 2014
Slide 3: Tecnotree Group in Brief
Tecnotree Group in Brief Highlights for Q2 & H1/2014 (comparisons to Q2 & H1/2013) Q2 2014 • Net sales for Q2/2014 were 11.7 M€ (22.5 M€) • A part of orders expected for Q2 were postponed to H2 • Orders received were 9.3 M€ (20.4 M€) • Order backlog was 46.7 M€ (53.3 M€) • EBIT -4.3 M€ (2.2M€) • Cas
Slide 4: Financial Highlights
Financial Highlights M€ 1-6/2014 1-6/2013 Net sales 26.1 36.4 Adjusted operating result -6.1 -1.3 (EBIT before R&D capitalisation & amortisation and one-time costs) EBIT -6.1 -2.4 Net result -11.0 -3.4 Order intake 27.8 35.5 Cash flow after investments -3.8 -4.3 Net cash flow -3.5 -7.2 Cash 3.1 3.8
Slide 5: Net Sales by Area
Net Sales by Area 19 17 15 13 11 M€ 9 7 5 3 1 -1 Americas Europe MEA APAC Act 1-6/2013 17,9 2,6 14,6 1,3 Act 1-6/2014 10,8 2,3 11,4 1,6 Change -39,7% -11,5% -21,9% 19,2% Interim Report Q2 2014 13.8.2014 5
Slide 6: Order Book by Sales Area
Order Book by Sales Area 60 50 40 M€ 30 20 10 0 Q2/2013 Q2/2014 APAC 1,1 1,9 EUROPE 3,1 2,2 LATAM 32,5 18,6 MEA 16,6 24,0 Total 53,3 46,7 Interim Report Q2 2014 13.8.2014 6
Slide 7: Sales and Orders
Sales and Orders 70 60 50 40 M€ 30 20 10 0 Q2/2012 Q3/2012 Q4/2012 Q1/2013 Q2/2013 Q3/2013 Q4/2013 Q1/2014 Q2/2014 Tecnotree sales 21,3 19,7 22,4 13,9 22,5 17,5 20,0 14,4 11,7 OBL 58,8 59,2 54,2 55,3 53,3 48,0 45,0 49,1 46,7 Order intake 43,9 20,1 17,4 15,1 20,4 12,2 17,1 18,5 9,3 Interim Report Q2
Slide 8: Consolidated Income Statement
Consolidated Income Statement M€ 1-6/2014 1-6/2013 Change % Net sales 26.1 36.4 -28.3 Other operating income 0.1 0.0 Materials and services -4.5 -7.3 -38.7 Employee benefit expenses -16.2 -17.2 -6.0 Depreciation -0.6 -2.1 -73.1 Other operating expenses -11.1 -12.2 -9.2 Operating result -6.1 -2.4 Fin
Slide 9: Adjusted Income Statement
Adjusted Income Statement M€ 1-6/2014 1-6/2013 Change % Net sales 26.1 36.4 -28.3 Other operating income 0.1 0.0 Total revenue 26.2 36.4 -28.1 Adjusted operating expenses* -32.3 -37.7 -14.3 Adjusted operating result -6.1 -1.3 - Net impact of R&D capitalisations -1.1 - One-time costs Operating Result
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet M€ 30.6.2014 30.6.2013 Change % Non-current assets Fixed assets 4.5 5.9 -23.9 Consolidated goodwill 15.7 16.5 -4.4 Other non-current assets 1.5 2.8 -48.3 Current assets Inventories 1.0 1.2 -14.8 Trade receivables 16.0 17.2 -6.8 Other receivables 25.2 24.8 1.6 Investments 0
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet M€ 30.6.2014 30.6.2013 Change % Shareholder’s Equity 12.7 26.0 -51.3 Non-current Liabilities Interest-bearing liabilities Deferred tax liabilities 2.7 2.6 3.9 Other non-current liabilities 1.1 0.5 110.4 Current Liabilities Interest-bearing liabilities 33.4 26.1 27.8 Non-in
Slide 12: Prospects for 2014
Prospects for 2014 The company estimates that its net sales and operating result will improve from the previous year. Variations in the quarterly figures will be considerable. Interim Report Q2 2014 13.8.2014 12
Slide 13: Thank you
Thank you UIBCIOU SSS Powering the digital marketplace