Exel Composites Oyj · OMXHEX:EXEL

Exel Composites Oyj — Q3 2016 Earnings Presentation

14 slides from Exel Composites Oyj's earnings presentation, Oct 26, 2016

  1. Slide 1: Customer demand remained weak, however, operating profit improved in Q3 2016

    CUSTOMER DEMAND REMAINED WEAK, HOWEVER, OPERATING PROFIT IMPROVED IN Q3 2016 January – September 2016 Business Review 26 October 2016 Exel Composites Plc

  2. Slide 2: Q3 2016 in brief

    Q3 2016 in brief • Business environment – Market environment remains challenging – Generally lower demand in key markets, especially telecommunications – Declining share of orders from high volume customers; actions to counteract impact on sales mix • Operations – Cost reduction measures bringing re

  3. Slide 3: Q3 2016 highlights

    Q3 2016 highlights Revenue, EUR million Order intake, EUR million 21.1 19.3 18.4 20.5 18.0 20.8 18.7 19.0 16.4 18.2 21.4 21.4 21.4 21.4 19.7 20.2 17.8 21.5 17.9 21.8 22.8 18.0 Q1-Q4 Q1-Q4 Q1-Q3 Q1-Q4 Q1-Q4 Q1-Q3 2014 2015 2016 2014 2015 2016 Operating profit, EUR million Net cash flow, EUR million 2

  4. Slide 4: Key figures Q1-Q3 2016

    Key figures Q1-Q3 2016 1.1.-30.9. 1.1.-30.9. Change FY EUR thousand 2016 2015 % 2015 Order intake 56,532 62,908 -10.1 83,374 Order backlog 1) 17,428 14,259 22.2 15,348 Revenue 54,070 60,853 -11.1 80,196 Operating profit 1,858 3,805 -51.2 4,414 % of revenue 3.4 6.3 5.5 Adjusted operating profit 2) 1,

  5. Slide 5: Key figures Q3 2016

    Key figures Q3 2016 1.7.-30.9. 1.7.-30.9. Change FY EUR thousand 2016 2015 % 2015 Order intake 18,181 18,723 -2.9 83,374 Order backlog 1) 17,428 14,259 22.2 15,348 Revenue 2) 16,431 18,006 -8.7 80,196 Operating profit 565 466 21.2 4,414 % of revenue 3.4 2.6 5.5 Adjusted operating profit 3) 596 517 1

  6. Slide 6: Lower demand in key markets

    Lower demand in key markets Revenue and order backlog 25 25 20 20 15 15 10 10 5 5 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2013 2014 2015 2016 Revenue, EUR million Order backlog, EUR million, end of period Exel Composites Plc 6

  7. Slide 7: In Q3 2016 lower demand especially in telecommunications

    In Q3 2016 lower demand especially in telecommunications Revenue by Industrial Applications Customer Industry, EUR million 3.6 3.5 4.7 4.2 Telecommuni- Paper Electrical Machine Transportation cation Industry Industry Industry Industry 9.8 8.7 Construction & Other Infrastructure Applications Q3 2015

  8. Slide 8: Cost reduction measures have improved profitability in Q3 2016

    Cost reduction measures have improved profitability in Q3 2016 Operating profit and operating profit margin 4 20% 2 10% 0 0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2013 2014 2015 2016 Operating profit, MEUR Operating profit margin, % Operating profit target, % Exel Composites Plc 8

  9. Slide 9: ROCE

    ROCE 30% 60 20% 40 10% 20 0% 0 2013 2014 2015 Q1-Q3 2016 Capital employed, MEUR ROCE, % Exel Composites Plc 9

  10. Slide 10: Exel Composites continues well positioned for profitable growth

    Exel Composites continues well positioned for profitable growth • Measures to further reduce costs continue Protect and grow • Optimization of production our stronghold customers and operational efficiency Providing competitive edge improvements and best customer service • Focused customer segment i

  11. Slide 11: Next level growth is based on four initiatives

    Strategy Next level growth is based on four initiatives Accelerate Penetrate new Create true Growth in new growth in China applications global footprint technologies Local sales network Solutions for larger Increase sales Further processing Value offering for growth applications coverage and ve

  12. Slide 12: Outlook for full year 2016

    Outlook for full year 2016 • The Company continues to implement its new strategy with focus on operational efficiency and optimizing the global manufacturing footprint. The Company estimates that adjusted operating profit will decrease in 2016 compared to 2015. Exel Composites Plc 12

  13. Slide 13: Your IR contacts

    Your IR contacts Riku Kytömäki Mikko Kettunen Noora Koikkalainen President and CEO CFO IR Manager +358 50 511 8288 +358 50 3477 462 +358 50 562 6552 riku.kytomaki@exelcomposites.com mikko.kettunen@exelcomposites.com noora.koikkalainen@exelcomposites.com www.exelcomposites.com Exel Composites Plc 13

  14. Slide 14: www.exelcomposites.com

    www.exelcomposites.com Exel Composites Plc

Exel Composites — Q3 2016 Earnings Presentation on 6ix