First Sensor Ag · XETR:SIS
First Sensor — German Equity Forum November 2015
17 slides from First Sensor's conference presentation, November 2015
Slide 1: We Engineer the Future
WE ENGINEER THE FUTURE GERMAN EQUITY FORUM NOVEMBER 2015
Slide 2: Company Profile
COMPANY PROFILE We are a leading provider of sensor solutions. established in Berlin in 1991, listed on the Frankfurt Stock Exchange since 1999 Market cap €116.34m (Sep. 30, 15) International development, production and sales locations 850 employees worldwide 20,000 sqm manufacturing area,
Slide 3: Company Profile: Entire Value Chain
COMPANY PROFILE We cover the entire value chain for sensor technologies. Sales Sales Sales share share share 10 % 40 % 50 % Product portfolio ranging from wafers and single sensor components to sensors and smart sensor systems Technological expertise to innovatively combine the properties of mat
Slide 4: Company Profile: Industrial, Medical and Mobility Markets
COMPANY PROFILE We focus on the markets Industrial, Medical and Mobility. Industrial Process Diagnostics Cameras and camera Control Medical Respiration systems Radiation and and Pneumology Pressure Sensors Security Dialysis and Infusion Optical Sensors Smart Buildings Flow Sensor
Slide 5: Our Competitive Quality: Strong USPs
OUR COMPETITIVE QUALITY We have strong USPs. Longstanding track record in One-stop shop technology development with active Platform concepts in development innovation management and production ensure higher speed Additional technologies available at lower costs thanks to partnerships Produ
Slide 6: Our Competitive Quality: High Barriers to Entry
OUR COMPETITIVE QUALITY There are high barriers to enter our market. High standards Access for functionality to customers and quality Long development Technological times and product sales lifecycles www.first-sensor.com 6
Slide 7: Development of Our Market
DEVELOPMENT OF OUR MARKET Dynamic market growth based on sensorization of the world. Development of sensors over time MEMS market growth by business segments in mUSD Sensor 4.0 25000 Smart Sensors e.g.: Intelligent Label Sensor 3.0 20000 CAGR +9,0 % in core segments Electronic Sensors 15000 e.g.: El
Slide 8: Financial Key Figures: Path of Growth
FINANCIAL KEY FIGURES First Sensor is clearly on a path of growth. in € million up to 136.0* 140 124.0 120 111.9 108.5 100 80 65.1 60 45.2 37.0 38.5 40 32.6 30.2 13.8 16.0 20 12.0 10.7 11.6 3.0 5.7 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 *Forecast by Oc
Slide 9: Financial Key Figures: EBITDA 2015
FINANCIAL KEY FIGURES EBITDA 2015 covers non-recurring effects. Sales / EBITDA Incoming Orders / Book-to-bill Ratio in € million in € million 40 60 1,04** €12-14m* 35 €13,55m 1,12 50 €11,57m 30 1,11 40 25 20 30 15 20 10 10 5 0 0 2Q 2015 1Q 2013 2Q 2013 3Q 2013 4Q 2013 1Q 2014 2Q 2014 3Q 2014 4Q 2014
Slide 10: Financial Key Figures: Liquidity Structure
FINANCIAL KEY FIGURES Based on a solid liquidity structure, we want to strengthen our profitability in the medium-term. Returns 2012 – 2014 Solvency 2012 – 2014 15% 50% 7 6 40% 5 10% 30% 4 20% 3 5% 2 10% 1 0% 0% 0 2012 2013 2014 2012 2013 2014 ROCE WACC Equity ratio Net debt/ EBITDA Interest cover B
Slide 11: Executive Summary
EXECUTIVE SUMMARY We engineer the growth markets of the future. Implementation of professional group Guidance 2015 structure („One First Sensor“) Sales up to € 136m Clear focus on core segments Mobility, EBITDA € 12 -14m Industrial and Medical and on customer specific applications Growth str
Slide 12: Backup
BACKUP
Slide 13: Remuneration of Management Board
REMUNERATION OF MANAGEMENT BOARD Performance-related with short- and longterm incentives Dr. Martin U. Schefter Dr. Mathias Gollwitzer Professional career Professional career 2013 CEO First Sensor AG 2015 CFO First Sensor AG 2009 Managing Director Eaton Industries Holding 2012 Director Group Control
Slide 14: First Sensor Share
FIRST SENSOR SHARE Excellent development in the third quarter of 2015, peaking at a high of €12.95. 140 % Last Price Sep. 30, 2015 € 11.45 130 % 120 % 110 % 100 % Last Price Jan. 2, 2015 € 9.40 90 % Feb. 28, 2015 Mai. 31, 2015 Dez. 31, 2014 Sep. 30, 2015 Apr. 30, 2015 Jun. 30, 2015 Aug. 31, 2015 Jan
Slide 15: Shareholder Structure
SHAREHOLDER STRUCTURE as of November 23, 2015 www.first-sensor.com 15
Slide 16: Disclaimer
Disclaimer This presentation contains forward-looking statements. This presentation does not represent any solicitation to purchase shares of First Sensor AG. Rather it is intended exclusively for information purposes with regard to possible future developments at the company. All future-oriented in
Slide 17: Thank You
THANK YOU We engineer the future Dr. Martin U. Schefter / Dr. Mathias Gollwitzer November 2015 German Equity Forum