Heidelberger Druckmaschinen Ag · XETR:HDD

Heidelberger Druckmaschinen — Q1 2015/2016 Earnings Presentation

12 slides from Heidelberger Druckmaschinen's earnings presentation, Aug 12, 2015

  1. Slide 1: Conference Call Q1-2015/2016

    Conference Call Q1-2015/2016 DIRK KALIEBE August 12, 2015

  2. Slide 2: Highlights Q1-2015/2016

    Highlights Q1-2015/2016  Strategic reorientation is taking effect Good order situation, improved backlog Strong revenue growth due to solid order backlog, PSG acquisition and FX impact EBITDA-margin approx. 5% (excluding positive PSG effect and sales adjusted for fx) EBIT improved from € -11m t

  3. Slide 3: Strategic Commitment: focus on sustainable profitable growth

    Strategic Commitment: focus on sustainable profitable growth © Heidelberger Druckmaschinen AG 3

  4. Slide 4: Strategic reorientation is taking effect

    Strategic reorientation is taking effect Comment in € million Q1 14/15 Q1 15/16 Δ pY ● Improved order intake (China trade show, PSG acquisition € 25m and fx € 55m) and solid order Order intake 588 703 +20% backlog of €638m Sales 435 563 +29% ● Sales increased by around 29%, incl. fx (€ 40m) and EBIT

  5. Slide 5: Improved volume and profitability in both segments

    Improved volume and profitability in both segments Sales by segment EBITDA by segment Comment € million € million ● Higher sales volume in both 600 563 60 € +128m € +40m segments due to good order 2 46 backlog at end of last year. All 435 1 regions with higher sales 2 40 8 400 277 contribution. 270

  6. Slide 6: Financial framework: Revolving credit facility extended

    Financial framework: Revolving credit facility extended Financial framework Maturity profile RCFA (Jun-2019) High Yield Bond (Apr-2018) High Yield Bond (May-2022) Total framework Convertible Bond (Jul-2017) € 730m Convertible Bond (Mar-2022) RCFA 32% HYB 44% 277 8% 205 Others*** 235* 16% 115 CB 60 5

  7. Slide 7: Balance sheet structure improved: Equity ratio up to 15% due to higher pension discount rate

    Balance sheet structure improved: Equity ratio up to 15% due to higher pension discount rate > Assets FY 2015 FY 2015 FY 2016 > Equity and liabilities FY 2015 FY 2015 FY 2016 30-06-2014 31-03-2015 30-06-2015 30-06-2014 31-03-2015 30-06-2015 Figures in mEUR Figures in mEUR Fixed assets 742 735 748 Eq

  8. Slide 8: Outlook for FY 2015/2016

    Outlook for FY 2015/2016 EBITDA-margin improvement to >8% (fx-adjusted; comparable 2014/15: 6%) • Based on: • more profitable product portfolio • improved cost basis -> core business sheetfed to be further optimized • newly acquired PSG business to be integrated -> positive earnings impact expected

  9. Slide 9: BACKUP

    BACKUP © Heidelberger Druckmaschinen AG 9

  10. Slide 10: Order intake picking up in recent quarters

    Order intake picking up in recent quarters Order intake Order intake Q1 2016 (Q1 2015) | regional split South America 703 643 653 4.5% 614 613 North America (4.0%) 592 587 588 579 14.5% (15.6%) 39.0% EMEA (39.1%) € 703m (€ 588m) 33.7% (28.7%) Asia/Pacific 8.3% (12.6%) Q1 2014 Q2 2014 Q3 2014 Q4 2014

  11. Slide 11: Financial Calendar 2015/2016

    Financial Calendar 2015/2016 Date Release of the figures for the second November 13, 2015 quarter 2015/2016 Release of the figures for the third February 10, 2016 quarter 2015/2016 Final Figures FY2015/16 June 8, 2016 © Heidelberger Druckmaschinen AG 11

  12. Slide 12: 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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