Slide 1: AIXTRON Investor Presentation First Half 2018 Results
AIXTRON Investor Presentation First Half 2018 Results (July 26, 2018) © AIXTRON Investor Relations, July 2018
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 – Q2/2018 Highlights
HIGHLIGHTS 3 AIXTRON – Q2/2018 Highlights Strong Order Intake and Backlog • Continuous Demand from Lasers and Red-Orange-Yellow (ROY) LEDs High Gross Margins • Positive Product and Regional Mix, Some Currency Tailwinds 2018 Guidance: Upward Adjustments • Order Intake: EUR 260 ~ 290 million (fr
Slide 4: Key Financials Q2/2018
FINANCIALS 4 Key Financials Q2/2018* * Rounded figures; may not add up +/- +/- (€ million) H1/18 H1/17 Q2/18 Q1/18 % % Order intake 154.3 128.5 20 75.6 78.6 -4 Order backlog (equipment only) 138.3 93.4 48 138.3 114.9 20 Revenues 117.6 114.1 3 55.2 62.4 -12 Gross profit 50.6 28.3 79 23.8 26.8 -11 % 4
Slide 5: Consolidated Income Statement
FINANCIALS 5 Consolidated Income Statement* * Rounded figures; may not add up +/- +/- (€ million) H1/18 H1/17 Q2/18 Q1/18 % % Revenues 117.6 114.1 3 55.2 62.4 -12 Cost of sales 66.9 85.8 -22 31.3 35.6 -12 Gross profit 50.6 28.3 79 23.8 26.8 -11 % 43 25 18 pp 43 43 0 pp Selling expenses 4.6 5.3 -13 2
Slide 6: Consolidated Statement of Cash Flows
FINANCIALS 6 Consolidated Statement of Cash Flows* * Rounded figures; may not add up (€ million) H1/18 H1/17 Q2/18 Q1/18 Net Result 16.0 -24.9 3.7 12.3 Adjust for Non Cash Items -0.1 14.1 2.9 -3.0 Changes in Working Capital -24.5 54.1 5.9 -30.4 Cash Flow from Operating Activities -8.5 43.3 12.5 -21.
Slide 7: Balance Sheet
FINANCIALS 7 Balance Sheet* * Rounded figures; may not add up (€ million) 30/06/18 31/03/18 31/12/17 Property, plant & equipment 64.4 63.8 64.3 Goodwill 71.6 71.1 71.2 Other intangible assets 1.7 1.6 1.8 Others 9.0 9.1 4.0 Non-current assets 146.7 145.7 141.3 Inventories 60.1 46.2 43.0 Trade receiva
Slide 8: Summary and Outlook
OUTLOOK 8 Summary and Outlook* Well-Positioned for Lasers, Specialty LEDs and Power • Next-gen SiC Power Equipment in the Pipeline Flexible Operating Model for Sustainable Profitability 2018 Guidance: Upward Adjustments • Order Intake: EUR 260 ~ 290 million (from EUR 230 ~ 260 million) • H2/20
Slide 9: Financial Calendar & Contact Data
9 Financial Calendar & Contact Data • October 30, 2018 Q3/2018 Results, Conference Call • February 2019 FY/2018 Results, Conference Call • April 2019 Q1/2019 Results, Conference Call • July 2019 H1/2019 Results, Conference Call For further information please contact: Investor Relations & Corporate C
Slide 10: 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 11: Revenue Analysis
OPERATIONS 11 Revenue Analysis* * Rounded figures; may not add up H1/2018: H1/2018: H1/2018: by equipment & spares by end application by region (equipment only) 7% 17% 20% 21% 7% 50% 30% 79% 69% LED Asia Equipment Power Electronics Spares Europe Optoelectronics USA Others
Slide 12: 24-Month Business Development
FINANCIALS 12 24 - Month Business Development (€ million) Order Intake (incl. equipment, 69.0 66.6 69.6 65.7 78.6 75.6 60.5 61.9 service, spare parts) @ $1.10 @ $1.10 @ $1.20 Order Backlog (equipment only) 104.0 108.6 114.9 138.3 93.4 99.2 87.6 78.1 @ $1.10 @ $1.10 @ $1.20 Revenues 89.8 (incl. equip