Oc Oerlikon Corporation Ag · SIX:OERL
Oc Oerlikon — Q3 2022 Earnings Presentation
13 slides from Oc Oerlikon's earnings presentation, Nov 3, 2022
Slide 1: Q3 2022 Financial Results
Q3 2022 Financial Results 3 November 2022 Page 1
Slide 2: Overview Q3
Overview Q3 Q3 with +8% EBITDA growth; weakening industrial activity and volatile energy markets -8.5% +9.6% ▪ Q3 order intake -4.2% YoY FX adj, as a result of Polymer FX adj: +12.7% FX adj: -4.2% Processing Solutions’ record order intake in Q3’21 Orders ▪ Robust underlying performance with YTD orde
Slide 3: End markets increasingly impacted by macro environment
End markets increasingly impacted by macro environment Filament Non-Filament General Ind. & Tooling Automotive Aviation 33% of 2021 Group sales 19% 29% 14% 5% environment Limited order Mixed Weakening Easing Recovery from Market postponements picture industrial activity shortages low levels ▪ Good o
Slide 4: Surface Solutions with higher sales and stable EBITDA
Surface Solutions with higher sales and stable EBITDA Markets Orders Sales Operational EBITDA ▪ Easing supply chain shortages in Q3 ▪ Increased +9% FX adjusted ▪ Increased +13% FX adjusted ▪ Stable with lower margin due to mix and compared to H1; expect further easing in higher input costs (energy)
Slide 5: Polymer Processing Solutions with 17% EBITDA growth
Polymer Processing Solutions with 17% EBITDA growth Markets Orders Sales Operational EBITDA ▪ Filament order book well filled for 2023; ▪ Robust order intake in Q3 representing ▪ Increased +6% (FX adj. +12%), driven ▪ Increased +17% in Q3 YoY macro environment resulted in some Oerlikon’s third large
Slide 6: Strategy execution on-track
Strategy execution on-track Sales ▪ Surface Solutions demand driven +17% by sustainability and efficiency 742 Structural ▪ Polymer Processing Solutions 633 593 695 sales growth demand driven by rising GDP and C-19 limited alternative resources; ongoing market extension Q3’19 Q3’20 Q3’21 Q3’22 Mid- t
Slide 7: Conclusion
Conclusion 1 Strategy execution on-track 2 Economic environment deteriorated since the summer 3 Preparing to manage potential downturn 4 2022 guidance updated: >2.9bn sales; 17.0 - 17.5% operational EBITDA margin Page 7
Slide 8: cerlikon
cerlikon
Slide 9: Appendix
cerlikon Appendix
Slide 10: Q3 reconciliation of profitability measures
Q3 reconciliation of profitability measures EBITDA to EBIT bridge Group Surface Solutions Polymer Processing Solutions in CHF million Q3' 22 Q3' 21 Q3' 22 Q3' 21 Q3' 22 Q3' 21 EBITDA 126 115 59 58 65 52 Depreciation -32 -34 -25 -26 -7 -7 Impairments 0 -0 0 -0 -- -- EBITA 94 81 34 32 58 45 Amortizati
Slide 11: YTD reconciliation of profitability measures
YTD reconciliation of profitability measures EBITDA to EBIT bridge Group Surface Solutions Polymer Processing Solutions in CHF million 9M 22 9M 21 9M 22 9M 21 9M 22 9M 21 EBITDA 363 315 176 174 188 133 Depreciation -99 -99 -76 -80 -21 -17 Impairments -0 -1 -0 -1 -- -- EBITA 263 214 100 93 166 116 Am
Slide 12: Investor Relations
Investor Relations Stephan Gick Stephan.gick@oerlikon.com +41 58 360 98 50 Peter Dickson Peter.dickson@oerlikon.com +41 58 360 96 39 ir@oerlikon.com www.oerlikon.com/en/investors
Slide 13: Disclaimer
Disclaimer OC Oerlikon Corporation AG, Pfäffikon, (together with its affiliates hereinafter referred to as “Oerlikon”) has made great efforts to include accurate and up-to-date information in this document. However, Oerlikon makes no representation or warranties, expressed or implied, as to the trut