Slide 1: AIXTRON Investor Presentation Full Year 2016 Results
AIXTRON Investor Presentation Full Year 2016 Results (February 23, 2017) © AIXTRON Investor Relations, February 2017
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 – 2016 Recap
3 AIXTRON – 2016 Recap 2016 Full Year Guidance Achieved • Earnings and Cash Flow Improvements in 2016 • 2016 Total Order Intake at €225.1 million, the highest level since 2011; Revenues stable. No.1 MOCVD Equipment Supplier in 2016* • Diversification: Strength in MOCVD for Advanced Compound Semi
Slide 4: Key Financials FY/2016
FINANCIALS 4 Key Financials FY/2016* (€ million) FY/16 FY/15 YoY Q4/16 Q3/16 QoQ Revenues 196.5 197.8 -1% 89.8 51.2 75% Gross profit 56.3 49.8 13% 29.4 16.9 74% Gross margin 29% 25% 4 pp 33% 33% 0 pp EBITDA -7.9 -16.4 52% 12.5 -0.4 n.m. Operating result (EBIT) -21.4 -26.7 20% 7.9 -3.4 332% EBIT marg
Slide 5: Consolidated Income Statement
FINANCIALS 5 Consolidated Income Statement* (€ million) FY/16 FY/15 +/- Q4/16 Q4/15 +/- Revenues 196.5 197.8 -1% 89.8 62.5 44% Cost of sales 140.2 147.9 -5% 60.5 42.8 41% Gross profit 56.3 49.8 13% 29.4 19.6 50% Gross Margin 29% 25% 4 pp 33% 31% 2 pp Selling expenses 13.8 11.5 20% 4.8 2.6 85% Genera
Slide 6: Consolidated Statement of Cash Flows
FINANCIALS 6 Consolidated Statement of Cash Flows* (€ million) FY/16 FY/15 Q4/16 Q3/16 Cash Flow from operating activities -37.7 -45.7 -2.7 4.3 Cash Flow from investing activities 43.4 41.2 4.1 12.9 Cash Flow from financing activities 0.3 -0.1 0.1 0.2 Exchange rate changes -2.3 4.3 1.2 -0.9 Net chan
Slide 7: Consolidated Statement of Financial Position
FINANCIALS 7 Consolidated Statement of Financial Position* (€ million) 31/12/16 30/09/16 31/12/15 Property, plant & equipment 74.2 75.6 81.3 Goodwill 74.6 73.8 75.9 Other intangible assets 5.4 5.5 6.4 Others 2.4 3.6 3.9 Non-current assets 156.5 158.5 167.6 Inventories, WIP & Finished Goods 54.2 79.1
Slide 8: AIXTRON – Key Enabler for Innovative Future
AIXTRON TECHNOLOGIES AND PRODUCTS 8 AIXTRON – Key Enabler for Innovative Future New Complex Materials Tech Trends Compound Semiconductors • GaAs/ GaN (Sensors) • GaN/SiC (RF/Power – Mobile) LOREM • GaAs/InP (Laser - Datacom) • GaN (LED – LiFi, Micro-LED, UV LED) Silicon Semiconductors Big Data LOREM
Slide 9: AIXTRON – 2017 Guidance
OUTLOOK 9 AIXTRON – 2017 Guidance* • Assuming current structure, 2017 2017 Guidance* Revenues and Total Order Intake between EUR 180 ~ 210 million 2017 Shippable • Assuming current structure, earnings Equipment Order could be lower than 2016 due to higher Intake: R&D expenses, however … EUR 62 ~ 92m
Slide 10: Financial Calendar & Contact Data
10 Financial Calendar & Contact Data • April 25, 2017 Q1/2017 Results, Conference Call • May 9, 2017 Annual General Meeting, Aachen • July 25, 2017 H1/2017 Results, Conference Call • October 26, 2017 9M/2017 Results, Conference Call For further information please contact: Investor Relations & Corpor
Slide 11: 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 12: Revenue Analysis
OPERATIONS 12 Revenue Analysis FY 2016: FY 2016: FY 2016: by equipment & spares by end application by region (equipment only) 5% 34% 19% 21% 26% 16% 65% 21% 79% 14% LED Equipment Silicon Asia Spares Power Electronics Europe Optoelectronics USA Others
Slide 13: 24-Month Business Development
FINANCIALS 13 24 - Month Business Development (€ million) Total Order Intake 69.0 52.5 60.5 (incl. equipment, 50.2 49.3 48.9 44.4 51.1 34.4 31.3 service, spare parts) @ $1.35 @ $1.25 @ $1.10 Equipment (only) 91.2 86.2 104.0 79.0 78.1 Order Backlog 70.7 65.2 72.3 67.7 42.9 @ $1.35 @ $1.25 @ $1.10 89.