Jungheinrich AG · XETR:JUN3

Jungheinrich — Q2 2013 Earnings Presentation

16 slides from Jungheinrich's earnings presentation, Aug 8, 2013

  1. Slide 1: Conference Call Interim Report as of June 30, 2013

    Conference Call Interim Report as of June 30, 2013 60 Years of Passion for Logistics Dr. Volker Hues, CFO August 8, 2013

  2. Slide 2: Highlights Q2 2013 and H1 2013

    Highlights Q2 2013  Strong second quarter for Jungheinrich  Value of incoming orders 4% higher year on year  Net sales 10% up on Q1 2013  Production volume stable vs. year-earlier quarter  EBIT increased year on year  Production started in the new factory in China; spare parts centre and wareh

  3. Slide 3: World Material Handling Equipment Market as of 6/2013

    World Material Handling Equipment Market as of 6/2013 Growth Rates by Region in terms of units; compared to 6/2012 World Market Europe -2% 489,2 507.8 thousands of units Western -3% 6/2012 6/2013 Eastern +5% Asia +4% thereof China: +8% North America +10% World +4% Source: WITS 6/2013. 3 Conference C

  4. Slide 4: Changes in Accounting in 2013

    Changes in Accounting in 2013  First-time adoption of the amended version of IAS 19 starting on Jan. 1, 2013  Furthermore: reclassifications to increase transparency The changes affect:  Interest income and interest expenses associated with finance lease customer contracts (Financial Services seg

  5. Slide 5: Incoming Orders of all Business Fields

    Incoming Orders of all Business Fields in million € +3% 1,169 1,140 +4% 582 560 Q2 2012 Q2 2013 H1 2012 H1 2013  Half of the rise was driven by growth in  Encouraging growth posted by the after-sales services short-term hire and used equipment business as well as after-sales services  Logistics s

  6. Slide 6: Business Trend—New Truck Business (Incoming Orders)

    Business Trend—New Truck Business in units Incoming Orders ~0% 38,819 38,637 +2 % 19,188 18,725 Q2 2012 Q2 2013 H1 2012 H1 2013  Incoming orders nearly matched last year's corresponding level  Much fewer trucks were added to the short-term hire fleet than in the same period in 2012 6 Conference Ca

  7. Slide 7: Business Trend—New Truck Business (Production)

    Business Trend—New Truck Business in units Production -8% 37,754 34,559 ~0 % 17,846 17,943 Q2 2012 Q2 2013 H1 2012 H1 2013  Year-on-year drop in production markedly reduced (after -17% in Q1 2013) 7 Conference Call—August 8, 2013

  8. Slide 8: Orders on Hand

    Orders on Hand New truck business +31% 391 in million € 298  The order reach was thus over four months 12/31/2012 06/30/2013 8 Conference Call—August 8, 2013

  9. Slide 9: Consolidated Net Sales

    Consolidated Net Sales -2% in million € 1,095 1,078 ~0% 562 564 H1 2012 H1 2013 *Adjusted.  Net sales from new truck business Q2 2012 Q2 2013 drop by 4% *Adjusted.  Net sales from the short-term hire and  Interest income on finance lease customer used equipment business rise by 7%, contracts is i

  10. Slide 10: EBIT

    EBIT in million € ROS 7.8% 7.6% ROS 8.0% 8.2% -4% 85.5 +3% 82.1 46.1 44.7 Q2 2012 Q2 2013 H1 2012 H1 2013 *Adjusted. *Adjusted.  Rise in plant capacity utilization has a positive effect *Adjusted due to the first-time adoption of the revised version of IAS 19 and various changes in the disclosure o

  11. Slide 11: R&D and Capital Expenditures

    R&D and Capital Expenditures in million € R&D Expenditures Capital Expenditures Capex ratio as a percentage of net sales 2% 4% Capitalization ratio 11% 22% 42 26 21.7 22.4 H1 2012* H1 2013 H1 2012 H1 2013 *Adjusted.  Focal points: energy efficiency of  Capital expenditures nearly 60% drive systems

  12. Slide 12: Workforce Trend

    Workforce Trend in full-time equivalent (FTE) 11,261 +2 % 11,4612 Germany 5,167 5,182  Headcount rises due to the first-time consolidation of ISA1 and the expansion of the sales companies Abroad 6,094 6,2792 12/31/2012 06/30/2013 1 ISA – Innovative Systemlösungen für die Automation GmbH, Graz (Aust

  13. Slide 13: Outlook for 2013—World Material Handling Equipment Market

    Outlook for 2013—World Material Handling Equipment Market in thousands of units Europe Asia North America -5% 411 -6% +21% 380 363 +24% 331 2006 311 315 267 266 = 213 +7% +25% 191 182 170 136 2007 2010 2011 2012 2013e 2007 2010 2011 2012 2013e 2007 2010 2011 2012 2013e -3% 951 +23% 975 944 World 794

  14. Slide 14: Jungheinrich Group—Outlook for 2013

    Jungheinrich Group—Outlook for 2013 In the order of last Incoming orders year’s level1 In the order of last Net sales year’s level1 Earnings before interest and Between taxes (EBIT) €165 and €175 million2 Between Capital expenditures on €80 and €100 million tangible assets Research and development ~

  15. Slide 15: Disclaimer

    Disclaimer Since developments cannot be foreseen, the actual business trend may deviate from the expectations—some of which are forward-looking—based on assumptions and estimates made by Jungheinrich company management. Factors that can lead to such deviations include changes in the economic, politi

  16. Slide 16: Jungheinrich — Machines. Ideas. Solutions.

    DUNGHEINRICH Machines. Ideas. Solutions.

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