Heidelberger Druckmaschinen Ag · XETR:HDD

Heidelberger Druckmaschinen — H1 FY2018/19 Earnings Presentation

15 slides from Heidelberger Druckmaschinen's earnings presentation, Nov 8, 2018

  1. Slide 1: Results 6m FY2018/2019

    Heidelberger Druckmaschinen AG Results 6m FY2018/2019 RAINER HUNDSDÖRFER, CEO | DIRK KALIEBE, CFO November 8, 2018 The art of giving brands and products a face.

  2. Slide 2: Update: Digital transformation has high earnings potential

    Update: Digital transformation has high earnings potential Order intake and backlog increase thanks to the subscription model  On track with 20 contracts; include a total print volume of approx. 1 billion printed sheets p.a. Persistently high demand and numerous contracts are currently in the proce

  3. Slide 3: Best practise – Lensing one of the first subscription customers

    Update: Digital transformation has high earnings potential Best practise – Lensing one of the first subscription customers  Signed subscription contract in December 2017; Production start in May 2018  After just 4 months baseline was exceeded by around 20% on monthly printed sheets. + 20% This mea

  4. Slide 4: Technology leadership: Primefire customers start their business

    UPDATE Technology leadership: Primefire customers start their business. 7 machines installed – high quality and productivity. © Heidelberger Druckmaschinen AG 4

  5. Slide 5: Technology leadership: investing in digital postpress with takeover of MBO Group

    UPDATE: Technology leadership investing in digital postpress operations with takeover of MBO Group Investing in industrial digital postpress  Supplement of existing portfolio and distribution channels, extension towards new target markets  Innovative solutions for pharmaceutical growth market and

  6. Slide 6: Operational Excellence: Optimize site concept

    UPDATE: Operational Excellence Optimize site concept  High performance products and new content such as eCommerce, software, consulting and application know-how for consumables will be concentrated at the Wiesloch-Walldorf site close to our new Innovation Center  Products that are at a later stage

  7. Slide 7: Key figures 6m 2018/19

    Key figures 6m 2018/19 6m 17/18 6m 18/19 Δ pY ● Order intake increased, despite neg FX (€ 17m); order backlog increases by 23% yoy also due to subscription contracts Order intake 1,234 1,306 +6% ● Sales rose as expected, incl. neg FX (€ 15m) Sales 1,054 1,114 +6% ● EBITDA improved on higher volume a

  8. Slide 8: Sales and EBITDA by segment in 6m FY2018/19

    Sales and EBITDA by segment in 6m FY2018/19 • Heidelberg Digital Technology: benefits from higher sales of sheetfed. • Heidelberg Lifecycle Solutions: Sales and operating result stable on previous year‘s level. Sales by segment EBITDA* by segment As part of the adjustment of € million € million the

  9. Slide 9: Balance sheet: Stable capital structure and efficient use of capital

    Balance sheet: Stable capital structure and efficient use of capital > Assets FY 2018 FY 2018 FY 2019 > Equity and liabilities FY 2018 FY 2018 FY 2019 30-09-2017 31-03-2018 30-09-2018 30-09-2017 31-03-2018 30-09-2018 Figures in mEUR Figures in mEUR Fixed assets 788 810 830 Equity 381 341 373 Current

  10. Slide 10: From restructuring to growth financing

    From restructuring to growth financing Financial instruments Maturity profile per calendar year €m 730 Other | amortizing 36 RCF (5%) REL | amortizing EIB | amortizing Corporate Bond (HYB) (May-2022) Convertible Bond (CB) (Mar-2022) 320 • Financing of future growth secured (44%) • Option for prematu

  11. Slide 11: Outlook

    Outlook FY 2017/18 FY 2018/19 Mid-term-target € 2.420m moderate growth up to € 3 bn +€ 500m 7.1 % 7 – 7.5% up to 10% EBITDA* 250 – 300m HDT ~ 6% HDT 2-3% HDB ~8.5% HDLS 12-13% moderate increase € 14m (incl. one-time > € 100m tax effect 17 /18) 1,4 <2 <2 *Result of operating activities excluding rest

  12. Slide 12: BACKUP

    BACKUP © Heidelberger Druckmaschinen AG

  13. Slide 13: Order intake – regional split

    Order intake – regional split Order intake 6m 2018/19 (6m 2017/18) South America 3.4% North America (2.7%) 16.0% (16.9%) EMEA 43.0% (42.3%) € 1,306m (€ 1,234m) 26.3% (27.6%) Asia/Pacific 11.3% (10.5%) Eastern Europe © Heidelberger Druckmaschinen AG 13

  14. Slide 14: Financial Calendar

    Financial Calendar Release of the figures for the February 07, 2019 third quarter 2018/2019 Figures FY 2018/2019 June 06, 2019 AGM FY 2018/2019 July 25, 2019 14 © Heidelberger Druckmaschinen AG 14

  15. Slide 15: Important notice

    Important notice This release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future

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