Stabilus Se · XETR:STM
Stabilus — Shareholder Meeting (February 2019)
22 slides from Stabilus's shareholder meeting presentation, Feb 13, 2019
Slide 1: Stabilus Annual General Meeting
STABILUS ANNUAL GENERAL MEETING Dr. Stephan Kessel, CEO, Chairman of the Management Board Luxembourg, February 13th, 2019
Slide 2: Disclaimer
Disclaimer Stabilus S.A. (the “Company“, later “Stabilus”) has prepared this presentation solely for your information. It should not be treated as giving investment advice. Neither the Company, nor any of its directors, officers, employees, direct or indirect shareholders and advisors nor any other
Slide 3: Agenda
Agenda 1. Stabilus at a glance 2. STAR 2025 3. FY2018 results 3
Slide 4: Agenda
Agenda 1. Stabilus at a glance 2. 3. 4
Slide 5: Stabilus at a glance
STABILUS at a glance Turnover by Regions In all kinds of industries Automotive Construction machinery Agriculture Global Footprint FY2018 revenue: €962.6m Asia and RoW €123.1m 13% of revenue Marine Medical applications Truck / Bus + 19.5% y/y Europe €491.3m 51% of revenue + 7.7% y/y Domestic Enginee
Slide 6: Favorable revenue breakdown, higher adj. EBIT margin
Favorable revenue breakdown, higher adj. EBIT margin % of revenue Adj. EBIT (€m) breakdown % margin 15.1% 15.5% Industrial Automotive 36% 64% 149.3 FY2017 137.6 Industrial 37% Automotive 63% FY2018 FY17 FY18 6
Slide 7: Broad motion control product portfolio
Broad motion control product portfolio 7
Slide 8: Agenda: STAR 2025
STABILUS Agenda 2. STAR 2025
Slide 9: STAR 2025 – Stabilus long-term strategy
STAR 2025 – Stabilus long-term strategy VISION: In 2025 Stabilus is the leading motion control company. Stabilus strives to achieve an average sales increase of more than 6% p.a. through 2025. Stabilus strives to achieve a balanced regional presence. Sustainable success We form a strong, global depe
Slide 10: Markus Schädlich joined Stabilus Management Board
Markus Schädlich joined Stabilus Management Board Since 2018/07 President Asia Pacific 2015 – 2018 JOST, President Asia 2010 – 2015 JOST, President Japan 2005 – 2015 Consulting Firm, Asia (M&A, Strategy, Restructuring, Interim- Management) Focus on strong growing Asian countries Asian Strategy Power
Slide 11: Stabilus is well positioned to benefit from current mega trends in Industrial Business
Stabilus is well positioned to benefit from current mega trends in Industrial Business Global mega trends Applications Ergonomic Lifestyle & Mobility Focused Business Development Groups Holistic Approach to the segment Logistics Significant growth potential from (Transport, current and future applic
Slide 12: Door actuator – an automotive product to meet future trends
Door actuator – an automotive product to meet future trends Door Actuator DA.90 Start of Production in 2019 12
Slide 13: Front Runner for new comfort features in electrical Vehicles
Front Runner for new comfort features in electrical Vehicles Rotational Damper Vehicle Seating Vehicle Interior Vehicle flaps and covers Gear Tunnel 13
Slide 14: Agenda: FY2018 results
Agenda 1. 2. 3. FY2018 results 14
Slide 15: FY2018 highlights
FY2018 highlights Fiscal year-end September Revenue up by 5.8% to €962.6m (+€52.6m vs. FY17); revenue growth w/o FX: +8.8% y/y Asia / Pacific and RoW up by 19.5% y/y, Europe up by 7.7% y/y, NAFTA - 0.7% y/y (+ 7.0% y/y w/o FX) Revenue Automotive Powerise + 10.3% y/y, Commercial Furniture + 8.6% y/y,
Slide 16: Stabilus Share Price Performance
Stabilus Share Price Performance
Slide 17: Stabilus Share Price Performance
Stabilus Share Price Performance
Slide 18: Q1 FY2019 highlights
Q1 FY2019 highlights Fiscal year-end September Revenue down by 2.4% to €225.0m (- €5.6m vs. Q1 FY18); revenue change w/o FX: - 3.6% y/y NAFTA + 0.1% y/y, Europe - 2.9% y/y and Asia / Pacific and RoW - 7.4% y/y Revenue Capital Goods - 0.2% y/y, Automotive Gas Spring - 2.0% y/y, Automotive Powerise -
Slide 19: General Aerospace acquisition
General Aerospace Acquisition of system supplier with strong aircraft industry competence Excellent opportunity to strengthen Stabilus’ motion control portfolio Visible over-average growth and profitability perspective Key products Luggage bins Seats Lavatories Cockpits Engine cowlings Airstairs L
Slide 20: Global commercial aircraft market expected to grow at CAGR of about 3.5% until 2037
The global commercial aircraft market is expected to grow at a CAGR of about 3.5% until 2037 Aircraft market Aircraft interior Total aircrafts in use 2017 - 2037 Commercial aircraft cabin interior market k units US$ bn 60 3% 3% 45 40.2 7% 48.5* 40 50 7% 35 42,700 40 40% 30 New 27.0 Deliveries 25 30
Slide 21: CLEVERS
CLEVERS Acquisition to establish industrial and IAM sales in Argentina Market entry in high-margin business in South America Clevers has well established sales and customer relationships with industrial customers in Argentina and surrounding countries Tailor-made production with fast and flexible de
Slide 22: www.stabilus.com
STABILUS www.stabilus.com