Aixtron Se · XETR:AIXA
Aixtron — FY2005 Earnings Presentation
13 slides from Aixtron's earnings presentation, Mar 15, 2006
Slide 1: Fiscal Year 2005 Results
(FSE: AIX, ISIN DE0005066203; NASDAQ: AIXG, ISIN: US0096061041) Fiscal Year 2005 Results 15 March 2006 Paul Hyland President & Chief Executive Officer Wolfgang Breme Chief Financial Officer
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation may contain forward-looking statements about the business, financial condition, results of operations and earnings outlook of AIXTRON within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995.
Slide 3: Operational Highlights
AIXTRON – Operational Highlights Fiscal Year 2005 – Operational Highlights Continued to develop flexible business model Initiated strategic review Headcount Purchasing Manufacturing R&D Engineering Increase in Silicon revenues offset drop in Compound revenues Silicon contributed 23% in 2
Slide 4: Key Financials
AIXTRON - Key Financials Fiscal Year 2005 – Key Financials (€million) FY 2005 FY 2004 Variance (%) Equipment order intake 113.6 111.4 2.0 Equipment order backlog* (Dec 31) 48.6 52.5 (7.4) Revenues 139.4 140.0 (0.4) Gross margin 24.9% 37.4% n/a Net result US-GAAP before special effects** (14.6) 7.1 n
Slide 5: Our Markets
AIXTRON – Our Markets Leadership, Entry and Innovation Our Markets Compound Organic Silicon Semiconductors Semiconductors Semiconductors Fiscal Year 2005 – Our Win benchmark Create profitable Maintain market customers now, achieve business in niche leadership at 60%+ & 3%+ market share in ‘07 growth
Slide 6: Revenues by Region
Revenues by Region Revenues by Region (74%) (€million) Fiscal Year 2005 – Revenues 122 108 103 89 70 65 67 66 (16%) 48 44 (10%) 33 30 26 23 19 22 22 18 17 15 14 14 14 10 '98 '99 '00 '01 '02 '03 '04 '05 '98 '99 '00 '01 '02 '03 '04 '05 '98 '99 '00 '01 '02 '03 '04 '05 * * * USA Europe Asia * Revenues p
Slide 7: 24mo Development
24 - Month Development Fiscal Year 2005 – 24mo Development (€million) 36.9 37.6 30.1 25.9 28.4 22.7 24.9 18.5 Order intake 85.6 11.5 55.9 52.5 56.0 52.5 48.6 11.7 8.7 15.9 10.3 5.0 73.6 74.1 66.5 44.2 42.2 47.3 43.6 36.6 Backlog 50.0 44.4 43.7 33.5 30.0 29.1 26.5 22.2 Revenues Q1 2004 Q2 2004 Q3 200
Slide 8: Strategy
AIXTRON - Strategy Focusing on market-led technical developments Enhancing our core competence and USPs Fiscal Year 2005 – Strategy Leveraging multiple market opportunities Maintaining long-term customer loyalty and market share in our target technologies Returning to a consistently profit
Slide 9: Special Effects
AIXTRON – Special Effects Fiscal Year 2005 – Special Effects (€million) FY 2005 FY 2004 Net result before special effects (US GAAP) (14.6) 7.1 IFRS/US GAAP adjustment for stock options and others 1.7 0.6 IFRS/US GAAP adjustment for deferred tax 0.7 Net result before special effects (IFRS) (17.0) n/a
Slide 10: Group Income Statement (IFRS)
AIXTRON – Group Income Statement (IFRS) 2005 – Financial Statements (€million) FY 2005 FY 2004 Variance (%) Revenues 139.4 140.0 (0.4) Costs of goods sold 104.7 87.6 19.5 Gross Margin 34.7 52.4 (33.8) % 24.9 37.4 n/a S,G&A 45.8 31.5 45.4 R&D 30.5 20.4 49.5 Other operating income / (loss) 2.7 9.2 (70
Slide 11: Group Cash Flow Statement (IFRS)
Group Cash Flow Statement (IFRS) 2005 – Financial Statements (€million) FY 2005 FY 2004 Cash Flow from Operating Activities (12.2) 6.8 of which: Net income (loss) (53.5) 7.7 Cash Flow from Investing Activities (3.0) (6.4) (incl. acquired cash of Genus Inc.) Cash Flow from Financing Activities 1.1 (0
Slide 12: Group Balance Sheet (IFRS)
Group Balance Sheet (IFRS) 2005 – Financial Statements (€million) Dec 31, 2005 Dec 31, 2004 Assets Fixed Assets, other non current assets 144.7 71.5 Property, plant & equipment 42.2 37.1 Goodwill 71.0 13.6 Other intangible assets 19.8 4.3 Other long term assets 0.5 5.8 Others 11.2 10.7 Current Asset
Slide 13: Financial Calendar & Contact
Financial Calendar & Contact 2206 Financial Calendar May 4, 2006: Q1 2006 Results May 11, 2006: Annual General Meeting, 10:00 CET, Aachen August 3, 2006: Q2 2006 Results November 2, 2006: Q3 2006 Results For further information please contact: Investor Relations and Corporate Communications