Aumann Ag · XETR:AAG
Aumann — 19th German Corporate Conference (UniCredit / Kepler Cheuvreux) 2020
23 slides from Aumann's conference presentation, Jan 22, 2020
Slide 1: Aumann AG
Aumann AG A global leader in modular machines for E-mobility 19th German Corporate Conference | 22 January 2020 0
Slide 2: From vision to product
From vision to product Automated manufacturing equipment for complex applications 1
Slide 3: Aumann at a glance
Aumann at a glance Right business Right capabilities Strong growth Fully automated E-mobility > 80 years of winding experience Revenue2) production lines … in million € > 30 years partner of automotive OEMs +29% p.a. 291 c. 1,3501) highly skilled professionals 240 - 260 210 156 6 locations in German
Slide 4: Key investment highlights of Aumann AG
Key investment highlights of Aumann AG 1 Megatrend focused – Long-term growth prospects due to E-mobility revolution 2 Technological excellence – All relevant winding technologies and deep automation know-how 3 Decades of experience – High automotive exposure and trusted client relationships 4 Optim
Slide 5: The E-mobility revolution is underway
The E-mobility revolution is underway Three factors put electric vehicles on the road Expected global car sales share by fuel source 5% Push Pull 7% Technology 24% push 48% 95% 93% 76% Consumer pull 52% Regulatory push 2017 2020 2025 2030 ICE* EV** Source: IHS Markit, August 2017; *ICE = Internal Co
Slide 6: Selected partnerships with blue chip customers enable Aumann’s E-mobility growth
Selected partnerships with blue chip customers enable Aumann’s E-mobility growth Longstanding customer relationships… …leading to an accelerated E-mobility business Indicative cumulative orders per customer > € 500m E-mobility Relationship since 1990 segment customers > € 450m Relationship since 199
Slide 7: Aumann automates the manufacturing of E-mobility production
Aumann automates the manufacturing of E-mobility production Electric motor/traction module Energy storage/conversion Electrification Winding/assembly of Assembly of Winding/assembly of stator and/or rotor modules, packs, box, fuel cells E-auxiliary systems E-mobility solutions through automation exp
Slide 8: Aumann has the ideal capabilities, industry experience and corporate setup
Aumann has the ideal capabilities, industry experience and corporate setup Technological E-mobility Corporate setup leadership focus and workforce Exclusive Decades of 6 locations in winding automotive Europe, China, technologies focus USA Highest Experience with Relationships to degree of large ord
Slide 9: Key facts of 9M 2019
Key facts of 9M 2019 Aumann still weathering a tense market environment with investment hesitation Order intake of 145.6 € million below last year but clear growth of 18.0 % in E-mobility Revenues at 200.8 € million despite deteriorating revenues in Classic EBIT (adj.) reaches 14.8 € million in an e
Slide 10: Ongoing hesitation to invest among automotive OEMs and Tier-1 suppliers
Ongoing hesitation to invest among automotive OEMs and Tier-1 suppliers Total order intake Order intake share development in € million in % -28.7% 204.1 74.9 145.6 37% 39% 88.4 9M 2018 9M 2019 129.2 63% 61% 57.2 9M 2018 9M 2019 E-mobility Classic 9
Slide 11: E-mobility revenue growth cannot fully offset evolution in Classic
E-mobility revenue growth cannot fully offset evolution in Classic Total revenues Revenue share development in € million in % -5.3% 212.0 200.8 78.4 85.7 37% 43% 9M 2018 9M 2019 57% 133.7 63% 115.1 9M 2018 9M 2019 E-mobility Classic 10
Slide 12: E-mobility shows growth in revenues and order intake
E-mobility shows growth in revenues and order intake E-mobility revenues E-mobility order intake in € million in € million +9.4% +18.0% 85.7 88.4 78.4 74.9 9M 2018 9M 2019 9M 2018 9M 2019 11
Slide 13: EBIT margin suffers form adverse market environment
EBIT margin suffers form adverse market environment Total EBIT (adj.)* Segment EBIT (adj.) in € million and in % of revenues in € million and in % of revenues 11.2% 7.4% 7.4% 7.1% -37.6% 23.7 8.2 6.4 10.6 14.8 6.4 12.9 8.2 9M 2018 9M 2019 9M 2019 9M 2019 E-mobility Classic * Not shown are effects of
Slide 14: Aumann’s balance sheet is a solid support in this challenging environment
Aumann’s balance sheet is a solid support in this challenging environment Balance sheet 30 September 2019 in € million 309.2 309.2 Non-current 83.7 assets* 204.0 Equity (66%) Current assets** 168.1 45.8 Non-current liabilities Cash*** 57.4 59.4 Current liabilities 35.7 Net Cash Assets Equity & Liabi
Slide 15: Our roadmap
Our roadmap Managing economic and automotive specific uncertainties Stabilizing through focus on sales, operational performance and capacity management Reinforcing measures to address cost structure and production depth Continuing research and development in E-mobility technologies Investigating M&A
Slide 16: No matter who will prevail the E-mobility revolution they will need production solutions Made by Aumann
No matter who will prevail the E-mobility revolution they will need production solutions Made by Aumann www.aumann.com 15
Slide 17: Financial calendar and conferences 2020
Financial calendar and conferences 2020 Unicredit/Kepler Cheuvreux German Corporate Conference (Frankfurt, Germany) 22 January 2020 Bankhaus Lampe German Conference (Baden-Baden, Germany) 25 March 2020 Annual Report 2019 09 April 2020 Berenberg US Conference (Tarrytown, USA) 20 May 2020 Interim Repo
Slide 18: Contact
Contact Aumann AG Dieselstr. 6 48361 Beelen Germany www.aumann.com Investor Relations Tel.: +49 2586 888 7807 Fax: +49 2586 888 7805 Email: ir@aumann.com 17
Slide 19: Appendix
Appendix @ aumann 18
Slide 20: The historical roots of Aumann
The historical roots of Aumann 2006 Acquisition of ATS Berlin 1936 Foundation 2009 First e-drivetrain project Aumann GmbH ▸ E-mobility focus 2015 ▸ E-mobility references Becomes part of 2016 2017 2017 MBB group Aumann AG IPO Acquisition ▸ Winding technology of USK 2012 First cooperation MBB Fertigun
Slide 21: Aumann offers highly automated production technologies for traction motors
Aumann offers highly automated production technologies for traction motors Thin wire Thick/flat wire Conventional Distributed Conventional Continuous Insertion Needle Winding Hairpin Hairpin Indirect winding Direct winding Assembly Winding / Assembly Lower automation High automation High automation
Slide 22: Aumann machines serve the increasing electrification trend
Aumann machines serve the increasing electrification trend Autonomous driving E-on-demand Safety Comfort E-steering system E-water pump E-brake assistant E-seat adjustment E-parking/wheel sensor E-immobilizer E-AB system E-aircondition E-radar sensor E-turbo E-seat belt E-suspension 21
Slide 23: Disclaimer
Disclaimer The presentation, including any printed or electronic copy of these slides, the talks given by the presenters, the information communicated during any delivery of the presentation and any question and answer session and any document or material distributed at or in connection with the pre
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