R. Stahl Aktiengesellschaft · XETR:RSL2
R. Stahl Aktiengesellschaft — R. Stahl — Q1 2016 Earnings Presentation
16 slides from R. Stahl Aktiengesellschaft's earnings presentation, May 10, 2016
Slide 1: Group financial results Q1 2016
Group financial results Q1 2016 Analysts’ conference call, 10th May
Slide 2: Agenda
Agenda Business Highlights 2 Group Financial Results 3 Outlook Q1 2016 2
Slide 3: Business Highlights Q1 2016
Business Highlights Q1 2016 New innovative Cost saving Business product launched measures continuity implemented Supervisory Board Fist order for LED- Cost saving measures extended contract of clean-room lighting realized in 2015 reveal CEO, Martin their positive effect Schomaker 3
Slide 4: Agenda
Agenda 1 Business Highlights 2 Group Financial Results 3 Outlook Q1 2016 4
Slide 5: Financial Overview Q1 2016
Financial Overview Q1 2016 in million € Q1 2016 Q1 2015 ∆ in % Order Intake 70.8 88.4 -19.8 Order Backlog 91.8 99.7 -8.0 Sales 71.7 82.2 -12.7 EBIT 3.3 4.1 -20.5 EXPECTATIONS FULFILLED- FIGURES WITHIN PLANNING CORRIDOR Order intake of 70.8 million € reflects the expected market development Sales of
Slide 6: Order Intake - Deviates by Region
Order Intake - Deviates by Region (1.1) % in million € 32.4 32.1 (43.5) % 23.8 (8.4) % 17.7 (37.1) % 16.3 14.4 13.4 9.0 Germany Europe w/o Germany America Asia/Pacific Q1 2015 Q1 2016 6
Slide 7: Group Sales - within Planning Corridor
Group Sales - within Planning Corridor in million € (7.9) % 34.5 31.8 3.6 % (12.3) % (41.9) % 17.8 15.4 15.9 15.6 14.5 8.4 Germany Europe w/o Germany America Asia/Pacific Q1 2015 Q1 2016 7
Slide 8: EBIT – Reflects Cost Saving Measures
EBIT – Reflects Cost Saving Measures EBIT in million € EBIT-Margin in % 4.1 5.0 4.6 3.3 Q1 2015 Q1 2016 Q1 2015 Q1 2016 EBIT REFLECTS EFFECTS FROM COST SAVING INITIATIVE Personnel cost reduced by 11.3 % Other operating expenses decreased by 29.4 % Thanks to cost saving programme decline in sales mos
Slide 9: Cash Flow – Continuous Improvement
Cash Flow – Continuous Improvement in million € 2.6 0.02 (0.6) Q1 2015 (2.5) Q1 2016 (4.4) (4.9) Cash flow from operating Capex Free cash flow activities CASH FLOW CONTINUOUSLY IMPROVED Working capital significantly improved Capex reduced: investment programme completed in 2015 Positive free cash fl
Slide 10: Agenda
Agenda 1 Business Highlights 2 Group Financial Results 3 Outlook Q1 2016 10
Slide 11: Anticipated Oil Price Development
Anticipated Oil Price Development 50 EIA* R. STAHL’s 40 Expectation Oil price 120 (Brent) Oil price- in USD/ 100 Futures 30 barrel Investment 80 propensity will not change 60 significantly 40 20 0 Juni June2014 June 2014 2014 Dezember 2014 December 2014 Juni 2015 June 2015 Dezember 2015 December 201
Slide 12: Market penetration – R. STAHL's priorities
Market penetration– R. STAHL‘s priorities Focus on chemical Proactive consulting Mid-term growth in and pharmaceutical of customers in oil Asia industry and gas New products: LED Consulting customers Growth in Asia triggered Lightening about new technologies by local sales and longterm benefits of R
Slide 13: Profitability
Profitability Launching new products Reducing material and Portfolio adjustment with high margins production cost Promoting new innovative Continuous optimiziation of Focus on high-demand products material and production cost products Use free capacity to concentrate on attractive business areas 13
Slide 14: Outlook 2016
Outlook 2016 in million € in million € 290 280 20 313 14 4 2015 2016e 2015 2016e Order Intake and Sales EBIT OUTLOOK CONFIRMED Oil and gas upstream industry to decline in sales, downstream industry to remain on same level Other industries to compensate for decrease in upstream Ongoing efficiency pro
Slide 15: Investor Relations contacts
Bernd Marx (CFO) Carmen Kulle (Investor Relations) Am Bahnhof 30 Am Bahnhof 30 74638 Waldenburg, Germany 74638 Waldenburg, Germany T +49 7942 943-1271 T +49 7942 943-1395 F +49 7942 943-401271 F +49 7942 943-401395 email: investornews@stahl.de
Slide 16: Disclaimer
Disclaimer This presentation was prepared by R. STAHL AG and is solely for information purposes. It may not be reproduced, distributed or published without the prior consent of R. STAHL AG. This presentation contains forward-looking statements. Such forward-looking statements are based on certain as