Slide 1: AIXTRON Investor Presentation: First Nine Months 2020 Results
AIXTRON Investor Presentation Image courtesy of Fraunhofer IISB/Kurt Fuchs First Nine Months 2020 Results (October 29, 2020) © AIXTRON Investor Relations, October 2020
Slide 2: Forward-Looking Statements
DISCLAIMER 2 Forward-Looking Statements This document may contain forward-looking statements regarding the business, results of operations, financial condition and earnings outlook of AIXTRON. These statements may be identified by words such as “may”, “will”, “expect”, “anticipate”, “contemplate”, “
Slide 3: AIXTRON – 9M/2020 Highlights
HIGHLIGHTS 3 AIXTRON – 9M/2020 Highlights Solid Order Intake Continued • Driven by high level of demand for power electronics and laser-applications Revenues and Results improve as expected • Revenues continued to grow q-on-q • Revenues and Results in Q4 expected to grow strongly 2020 Guidance
Slide 4: Consolidated Income Statement
FINANCIALS 4 Consolidated Income Statement* * Rounded figures; may not add up +/- +/- (€ million) 9M/20 9M/19 Q3/20 Q2/20 % % Revenues 161.1 184.6 -13 64.1 56.0 14 Cost of Sales 97.9 109.8 -11 38.4 33.2 16 Gross profit 63.3 74.7 -15 25.8 22.9 13 % 39 40 -1 pp 40 41 -1 pp Selling expenses 7.3 7.1 3 1
Slide 5: Balance Sheet
FINANCIALS 5 Balance Sheet* * Rounded figures; may not add up (€ million) 30/09/20 31/12/19 30/09/19 Property, plant & equipment 66.9 64.5 64.8 Goodwill 71.2 72.4 72.2 Other intangible assets 2.7 2.4 2.2 Non-current financial assets 30.0 0 0 Others 11.8 11.7 12.5 Non-current assets 182.7 151.0 151.8
Slide 6: Consolidated Statement of Cash Flows
FINANCIALS 6 Consolidated Statement of Cash Flows* * Rounded figures; may not add up (€ million) 9M/20 9M/19 Q3/20 Q2/20 Net Result 9.6 20.2 7.1 3.3 Adjust for Non-Cash Items 6.1 9.3 3.2 3.0 Changes in Working Capital** (10.8) (22.7) (2.2) (14.2) Cash Flow from Operating Activities** 4.9 6.8 8.1 (7.
Slide 7: AIXTRON – 2020 Guidance: Firmed Up
OUTLOOK 7 AIXTRON – 2020 Guidance*: Firmed Up 2020 Guidance* ranges narrowed, 2020 Guidance* taking 9M Results and the current environment into account: Equipment Order Backlog • Total Order Intake now between (EUR 164m) convertible EUR 270 ~ 300 million into 2020 Revenues: EUR 88m-108m (from EUR 26
Slide 8: Financial Calendar & Contact Data
8 Financial Calendar & Contact Data • February 25, 2021 FY 2020 Results, Conference Call • April 29, 2021 Q1/2021 Results, Conference Call • May 19, 2021 Virtual Annual General Meeting • July 29, 2021 H1/2021 Results, Conference Call • November 04, 2021 9M/2021 Results, Conference Call • February 24
Slide 9: AIXTRON – Our technology. Your future.
AIXTRON – Our technology. Your future. AIXTRON SE Dornkaulstr. 2 52134 Herzogenrath Germany Phone +49 (2407) 9030-0 Fax +49 (2407) 9030-40 E-Mai info@aixtron.com
Slide 10: Revenue Analysis
OPERATIONS 10 Revenue Analysis* * Rounded figures; may not add up 9M/2020: 9M/2020: 9M/2020: by equipment & after sales by end application by region (equipment only) 11% 10% 20% 36% 13% 29% 77% 80% 24% LED Asia Equipment Power Electronics After Sales Europe Optoelectronics* Americas Others * Optoele
Slide 11: 24-Month Business Development (Q4/2018 – Q3/2020)
FINANCIALS 11 24 - Month Business Development (Q4/2018 – Q3/2020) (€ million) Order Intake 81.4 (incl. Equipment & 72.2 68.8 69.6 70.8 After Sales) 53.6 52.2 44.7 @ $1.20 Order Backlog (equipment only) 138.3 146.3 156.6 164.1 125.7 116.7 110.1 108.4 @ $1.20 Revenues 87.9 75.1 (incl. Equipment & 68.7