Slide 1: Capital Market Update – Schaeffler AG
Capital Market Update – Schaeffler AG CEO Conference Call March 24, 2020 Herzogenaurach
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements. The words “anticipate”, “assume”, “believe”, “estimate”, “expect”, “intend”, “may”, “plan”, “project”, “should” and similar expressions are used to identify forward-looking statements. Forward-looking statements are statements that ar
Slide 3: Agenda
Agenda 1 Overview 2 Crisis management approach 3 Current business development 4 Strategy update and Roadmap 2024 5 Outlook and Conclusion March 24, 2020 Capital Market Update 3
Slide 4: Capital Market Update – Corona crises requires recalibration of priorities
1 Overview Capital Market Update – Corona crises requires recalibration of priorities Since March 10, 2020 the Corona crisis has accelerated and turned into a global 1 crisis, impacting all major economies We have intensified our crisis management focusing on maximum containment 2 and establishing a
Slide 5: Corona crisis has become global – Schaeffler with balanced business portfolio mix
1 Overview Corona crisis has become global – Schaeffler with balanced business portfolio mix Global Footprint Greater China • Proactive crisis management, no employee infected Americas • All plants back on track, capacity • Crisis increasing, safety measures utilization around 70% implemented • Supp
Slide 6: Global Task Force with 3 dedicated response teams – Fast and flexible response
2 Crisis management approach Global Task Force with 3 dedicated response teams – Fast and flexible response Global Task Force Key aspects Dedicated global Task Force led by CEO steering the organization, managing risks and responses and aligning all stakeholders 1 2 3 Task Force consisting of 3
Slide 7: Business Development – Impact differs by divisions, diversification pays off
3 Current business development Business Development – Impact differs by divisions, diversification pays off 1 63%1 Major shutdowns of all relevant OEMs in Europe and Americas for the next weeks For Q1 2020, yoy sales development between -6 and -8% envisaged, outperformance so far Automotive OEM
Slide 8: Robust balance sheet – Strong liquidity position
3 Current business development Robust balance sheet – Strong liquidity position Balance Sheet Liquidity Strong balance sheet with limited goodwill1 due to focused M&A Cash balance Schaeffler Group as per end of February 2020 Strategy EUR 684 mn (EUR 668 mn as per year end 2019) As per February
Slide 9: Roadmap 2024 finalized – Ready to launch when market clears up
4 Strategy update and Roadmap 2024 Roadmap 2024 finalized – Ready to launch when market clears up Roadmap 2024 Key aspects ‘Roadmap 2024’ finalized and ready to go with 3 main building blocks: Strategy Execution Mid-term ‘Strategy 2024’ with 5 five updated Focus Areas, key Growth 2024 Program 20
Slide 10: Summary key messages – Schaeffler well prepared to manage the crisis
5 Outlook and Conclusion Summary key messages – Schaeffler well prepared to manage the crisis Since March 10, 2020 the Corona crisis has accelerated and turned into a global 1 crisis, impacting all major economies We have intensified our crisis management focusing on maximum containment 2 and establ
Slide 11: Capital Market Update – Key dates
5 Outlook and Conclusion Capital Market Update – Key dates Upcoming capital market communication Mar 24th Capital Market Update Apr 17th AGM postponed May 6th Q1 2020 Earnings Release To come New AGM if possible online To come Launch Roadmap 2024 Aug 4th H1 2020 Earnings Release Nov 10th 9M 2020 Ear
Slide 12: IR Contact
IR Contact Investor Relations Phone: + 49 9132 82 4440 Email: ir@schaeffler.com Web: www.schaeffler.com/ir
Slide 13: Global Footprint Schaeffler Group – Automotive and industrial supplier
Backup Global Footprint Schaeffler Group – Automotive and industrial supplier Headquarters Herzogenaurach Automotive OEM 49%1 Industrial 19%1 Europe2 Automotive Aftermarket China2 Sales Sales: EUR 7.0 bn Employees: 60,155 Sales 19% Sales: EUR 2.8 bn Plants: 45 Employees: 12,182 27% 54% R&D-Sites: 10
Slide 14: Overview Corporate and Financing Structure
Backup Overview Corporate and Financing Structure Corporate structure (simplified) | as of February 29, 2020 Financing structure | as of February 29, 2020 A IHO Verwaltungs GmbH Nominal Nominal Rating INA-Holding Schaeffler Debt instrument (USD m) (EUR1 m) Interest Maturity (Fitch/Moody’s/S&P) GmbH