Jenoptik Ag · XETR:JEN
Jenoptik — FY2013 Earnings Presentation
14 slides from Jenoptik's earnings presentation, Jan 28, 2014
Slide 1: Conference call: Preliminary figures of fiscal year 2013
JENOPTIK AG Conference call Preliminary figures of fiscal year 2013 January 28, 2014 Dr. Michael Mertin, CEO Rüdiger Andreas Günther, CFO © Copyright Jenoptik, All rights reserved.
Slide 2: Jenoptik successfully ended fiscal year 2013 with strong 4th quarter
Jenoptik successfully ended fiscal year 2013 with strong 4th quarter Forecast revenue and EBIT targets were achieved in a challenging economic environment Group grew the 4th year in succession through its own efforts Development substantially gained momentum in the course of the year; Stronges
Slide 3: Group revenue has significantly increased since 2009
Preliminary figures 2013 Group revenue has significantly increased since 2009 CAGR ca. 8% in million + ca. 3% Revenue rose to 600 million euros euros and was higher than in the prior 585 600 600 543 year, as expected 500 479 449* Positive trend in the course of 400 the year; 300 Q4 = strongest q
Slide 4: International orientation supports revenue growth
International orientation supports revenue growth Lasers & Optical Systems Metrology Defense & Civil Systems Revenue in million euros Revenue in million euros Revenue in million euros 250 250 250 200 ~225 200 200 212.3 ~187 186.4 ~185 182.7 150 150 150 100 100 100 50 50 50 0 0 0 2012 2013 2012 2013
Slide 5: Profitability kept at almost the same good level as in the prior year
Preliminary figures 2013: profitability kept at almost the same good level as in the prior year EBIT in million euro EBT in million euros 60 60 54.8 >52 49.2 46.1 ~47 50 50 40 40 34.9 29.0 30 30 20 15.0 20 10 10 0 -10 2009 2010 2011 2012 2013 0 2009 2010 2011 2012 2013 -20 -10 -30 -20 -19.7 -40 -34.
Slide 6: Lasers & Optical Systems as well as Defense & Civil Systems with strong Q4
Lasers & Optical Systems as well as Defense & Civil Systems with strong Q4 Lasers & Optical Systems Metrology Defense & Civil Systems EBIT in million euros EBIT in million euros EBIT in million euros 30 30 30 27.1 ~25 25.6 20 20 ~23 20 10 10 10 ~11 7.8 0 0 0 2012 2013 2012 2013 2012 2013 Lasers &
Slide 7: Order intake just slightly below high level of the prior year
Order intake just slightly below high level of the prior year; order pipeline is well-filled, trend to shorter-term orders Order intake in million euros 600 587.2 Order intake did not quite reach the high level of the 500 ~575 prior year which was marked by major orders 400 2012: several major o
Slide 8: Net debt substantially reduced due to strong cash flow
Net debt substantially reduced due to strong cash flow Net debt and claims of silent real estate investors (in million euros) Net debt Net debt significantly reduced in spite of higher dividend and Claims of silent real estate investors 260 payments for current Group development projects 60 Equi
Slide 9: 2014: Stronger growth expected
2014: Stronger growth expected 2013 2014e Revenue growth of Group revenue ~ 600 million euros 5 - 10 percent Increase to Group EBIT > 52 million euros 55 to 62 million euros EBIT development will depend on economic trend, in particular in the semiconductor equipment and automotive industries Pro
Slide 10: 2014: Positive development in all segments expected
2014: Positive development in all segments expected Lasers & Optical Metrology Defense & Civil Systems Systems Development of the semiconductor Globally growing demand for more Stable business equipment industry expected to be efficient drives and the necessary development ensured stable or po
Slide 11: Our target: to continue profitable growth
Our target: to continue profitable growth Our tasks Our mid-term targets Continuation of approx. 10 percent growth per year over the cycle Revenue of 800 million euros by 2017 (without larger acquisitions), of which more than 40 percent in Asia and America „From Good to Great“ EBIT margin of 9
Slide 12: Appendix
Appendix 14-01-28 Preliminary figures-final.pptx 2014-01-24 12 Jenoptik - a global optoelectronics player
Slide 13: Dates and contact
Dates and contact January 28, 2014 Conference Call - Preliminary figures 2013 February 3-5, 2014 Roadshow USA (San Francisco, Los Angeles) February 13, 2014 Roadshow Luxembourg February 18-19, 2014 Roadshow Scandinavia March 25, 2014 Conference Call - Financial Statements 2013 March 26, 2014 Analyst
Slide 14: Disclaimer
Disclaimer This announcement can contain forward-looking statements that are based on current expectations and certain assumptions of the management of the Jenoptik Group. A variety of known and unknown risks, uncertainties and other factors can cause the actual results, the financial situation, the