Slide 1: JENOPTIK AG – First half-year 2022
JENOPTIK AG – First half-year 2022 Dr. Stefan Traeger I Hans-Dieter Schumacher | August 10, 2022 © Copyright Jenoptik. All rights reserved.
Slide 2: Disclaimer
Disclaimer This presentation can contain forward-looking statements that are based on current expectations and certain assumptions of the management of the Jenoptik Group. A variety of known and unknown risks, uncertainties and other factors can cause the actual results, the financial situation, the
Slide 3: Highlights First half-year 2022
Highlights First half-year 2022
Slide 4: Highlights in the first six months of 2022
Highlights in the first six months of 2022 − Sale of VINCORION (mechatronics business / defense) successfully closed on June 30, 2022, major milestone achieved in transformation into a globally leading pure photonics player − Sustained strong momentum in the semiconductor equipment business and in b
Slide 5: New organizational structure since first quarter 2022
New organizational structure since first quarter 2022 New organizational structure of the Jenoptik Group (excl. VINCORION) is reflected in the reporting structure since the first quarter 2022 Advanced Photonic Smart Mobility Non-Photonic Portfolio Solutions Solutions Companies Revenue Revenue Revenu
Slide 6: First half-year 2022 Continuing operations
First half-year 2022 Continuing operations
Slide 7: Strong development of order intake and backlog continued in second quarter 2022
Strong development of order intake and backlog continued in second quarter 2022 – setting very good stage for further growth Order intake in million euros Order backlog in million euros 800 36.8% 800 30.7% 710.5 600 600 608.6 543.5 400 444.9 400 200 200 0 0 H1/2021 H1/2022 Dec 31, 2021 Jun 30, 2022
Slide 8: Strong organic growth and contributions by acquired companies resulted in significant revenue growth
Strong organic growth and contributions by the acquired companies resulted in significant revenue growth Revenue in million euros 600 35.8% 500 − Strong organic growth of the continuing operations of 400 447.2 13.7% − Advanced Photonic Solutions division grew significantly 300 329.2 due to strong or
Slide 9: Earnings increased on comparable prior-year level; marked rise quarter-on-quarter
Earnings increased on comparable prior-year level (without one-off effects); marked rise quarter-on-quarter EBITDA in million euros EBIT in million euros 100 4.4% 60 −13.6% 50 80 42.7 66.6 44.4% 38.4 40 18.4 69.6 52.0% 60 18.4 16.1 50.1 36.9 30 32.2 40 16.1 48.2 48.6 20 24.3 22.3 16.5 34.0 20 10 4.3
Slide 10: Statement of income
Statement of income In million euros H1/2022 H1/2021 − Gross margin impacted by higher material and personnel costs − Functional costs increased much less than revenue in spite of Revenue 447.2 329.2 the inclusion of the companies acquired in 2021 Gross margin 32.7% 33.7% ▪ R+D expenses: 25.4 millio
Slide 11: Well positioned for future growth with sound financial base and balance sheet
Jenoptik is well positioned for future growth with sound financial base and balance sheet structure Group In million euros H1/2022 H1/2021 − Cash flow from operating activities increased due to significantly higher earnings before non-cash effects and lower Earnings before tax* 33.9 42.8 effects fro
Slide 12: First half-year 2022 Divisions
First half-year 2022 Divisions
Slide 13: Advanced Photonic Solutions: ongoing very positive operational development
Advanced Photonic Solutions: ongoing very positive operational development − Strong organic growth of 21.1%; revenue with semiconductor equipment industry, biophotonics and industrial solutions areas grew substantially; Jenoptik Medical and the SwissOptic Group contributed 73.3 million euros; − EBIT
Slide 14: Smart Mobility Solutions: substantial rise in order intake and order backlog
Smart Mobility Solutions: substantial rise in order intake and order backlog − Increase in revenue in the first six months of 2022 − EBITDA lower than in prior year, in part due to higher R+D expenses − Order intake grew; larger orders from North America, Europe and the Middle East/Africa included (
Slide 15: Non-Photonic Portfolio Companies: order backlog markedly higher than at year end 2021
Non-Photonic Portfolio Companies: order backlog markedly higher than at year end 2021 − Revenue below prior-year level (in prior year revenue contribution from non- optical process metrology business included); increase in the automation area − Earnings and margin lower than in prior year; but impro
Slide 16: Outlook
Outlook
Slide 17: Fiscal year 2022: Further profitable growth expected
Outlook for 2022 raised Our scheduled growth, however, presupposes that the geopolitical risks do not worsen further. This includes, among other things, the Ukraine conflict – with the sanctions that have been implemented and potential impacts on price developments, energy supply and supply chains –
Slide 18: Appendix
Appendix
Slide 19: Dates and contact
Dates and contact 10.08.2022 Publication of Interim Report January – June 2022 30.-31.08.2022 Roadshow Cologne/Düsseldorf 01.09.2022 dbAccess TMT Conference, London 06.-07.09.2022 Roadshow Milan/Lugano 08.09.2022 Coba ODDO Conference, Frankfurt Leslie Iltgen www.jenoptik.com Vice President Investor