Roctool Sa · EURONEXT:ALROC
Roctool Sa — Investor Presentation (April 2018)
32 slides from Roctool Sa's investor presentation, April 2018
Slide 1: Roctool Investor Presentation
ROCTOOL Investor Presentation April 2018
Slide 2: Who is Roctool?
WHO IS ROCTOOL? A TECHNOLOGY AND MANUFACTURING SOLUTIONS PROVIDER 2
Slide 3: What is Roctool's ambition?
WHAT IS ROCTOOL’S AMBITION? TO BECOME A NEW MANUFACTURING STANDARD FOR LARGE BRANDS IN KEY MARKET SEGMENTS 3
Slide 4: We revolutionize fast molding processes
WE REVOLUTIONIZE FAST MOLDING PROCESSES FOR COMPOSITES, PLASTIC INJECTION AND METAL. \ FAST HEATING OF \ FAST COOLING \ PRECISE \ BUILT WITH \ WORKS ON THE MOLD SURFACE WITH WATER TEMPERATURE STANDARD PRESSES FROM ALL WITH INDUCTION LINES CONTROL STEELS MANUFACTURERS 4
Slide 5: The finest plastic surface
THE FINEST PLASTIC SURFACE REDUCE REDUCE ELIMINATE UNPARALLEL UNLIMITED PRECISE FLOW PART’S THIN WALL SECONDARY VISUAL SURFACE SURFACE SURFACE LENGTH CARBON APPLICATION OPERATIONS DEFECTS QUALITY DESIGNS REPLICATION INCREASE FOOTPRINT 5
Slide 6: Intense Black
HD INTENSE BLACK
Slide 7: Extreme Gloss
HD EXTREME GLOSS
Slide 8: Lasting Strength
LASTING STRENGTH 8
Slide 9: Beautiful Thinness
HD BEAUTIFUL THINNESS
Slide 10: Totally Colorful
TOTALLY COLORFUL 10
Slide 11: Genuine Finish
GENUINE FINISH 11
Slide 12: Strong Lightness
STRONG LIGHTNESS 12
Slide 13: Management
MANAGEMENT \ Matt Boulanger (38) - CEO Matt joined Roctool in January 2004. He worked at Roctool's head offices in Savoy for ten years where he was in charge of global sales development, key customers, and strategic directions. In 2013, he created the American subsidiary, Roctool Inc. He has been ap
Slide 14: Key Facts
KEY FACTS 135 PATENTS 12 DIFFERENT 03 CONTINENTS 07 PhD WORLDWIDE NATIONALITIES COVERED DEGREES 26 COUNTRIES 88 GLOBAL 275 35M SYSTEM MANUFACTURED OF SALE CLIENTS INSTALLATIONS PARTS 14
Slide 15: Key Figures
KEY FIGURES 9,0 47 50 8,0 7,0 8,0 45 40 35 +26% Revenues 2017 vs. 2016 N° of deliveries Revenues € m 6,0 6,4 25 30 5,0 25 4,0 3,0 2,0 3,9 4,3 8 20 15 62% Gross margin 6 10 1,0 5 0,0 +88% 0 2014 2015 2016 Installations 2017 vs. 2016 Total N° of installations \ From a pure innovation player to a provi
Slide 16: A Strong Business Model
A STRONG BUSINESS MODEL Products - Induction heating system 63% of '17 revenues - Tooling hardware € 5,07 m - Complete turnkey solutions Services - Engineering (simulations, thermal engineering and computer-aided designs) 15% of '17 revenues - Installation, commissioning, and after sales services €
Slide 17: Products and Services
PRODUCTS AND SERVICES In light grey, the equipment our clients already have, Factory Factory including notably the press water electricity Products network network - Induction heating system - Generator (A) - Controlling unit (B) - Chillers (C) - Tooling hardware (in the mold D) - Complete turnkey s
Slide 18: Three Types of Customers
THREE TYPES OF CUSTOMERS \ Major global brands, which are the main target of our strategy: they are a priority for us as direct decision makers \ Subcontractors are our main customers and they serve the OEMs \ Main stakeholders in our industry: o Mould makers that integrate our engineering in mould
Slide 19: Sectors
SECTORS \ ELECTRONICS \ AUTOMOTIVE \ CONSUMER PRODUCTS \ AEROSPACE \ COSMETICS \ ENERGY \ MEDICAL \ SPORT & LEISURE 19
Slide 20: Research & Innovation
RESEARCH & INNOVATION \ Adaptation of Roctool technologies to new processing methods and new materials Light Induction Induction Dual Radiation Metal Blow molding Connections Tooling ™ Heating ™ heating •Composite •Hybrid plastic •Thyxomolding •Injection •Plastic •All molding injection & •Amorphous
Slide 21: A Disruptive Technology
A DISRUPTIVE TECHNOLOGY High performance (temperature; dimensions; complexity;…) Direct competitors: • An established market dominated by the use of conventional moulding technologies that do not use Heat and Cool technology and with/without the use of secondary operations such as IML (In-Mould Wate
Slide 22: Roctool & Partners Platforms
ROCTOOL & PARTNERS PLATFORMS CompLam Existing platforms fully equipped with Roctool technology Roctool Partners 22
Slide 23: Increasing Roctool Users in Asia
INCREASING ROCTOOL USERS IN ASIA \ List of manufacturers equipped with Roctool systems 2011 1 2 Equipped and in production 2017 3 4 5 6 7 8 Equipped and in development/evaluation 2018 9 10 11 12 Equipped and in development/evaluation 2018 13 14 In discussions Current focus on consumer electronics, w
Slide 24: Roctool Shanghai
ROCTOOL SHANGHAI \ The biggest investment in Roctool history, located in Shanghai \ The largest Roctool facility with 2’500 sqm \ The latest technologies including a 600 tons press 24
Slide 25: Roctool Shanghai to Reach Top US Brands
brand customers ROCTOOL SHANGHAI TO REACH TOP US BRANDS Examples of \ E-commerce & \ Software and PC \ Computer \ PC & printers \ Wearable \ Consumer tech cloud computing maker technologies brand connected devices devices ($178bn revenues) ($90bn revenues) ($55bn revenues) ($48bn revenues) ($2bn rev
Slide 26: 2017 Key Facts
2017 KEY FACTS \ € 5.5m capital raise in March \ € 0.9m convertible bonds refinancing in May (with simple bank loan) \ Strategic agreement signed with the leading press manufacturer Krauss Maffei \ 2017 Preferred Supplier Awards prize received from Flex in May \ Strategic partnership signed with Det
Slide 27: 2017 Results
2017 RESULTS P&L € 31/12/2017 31/12/2016 ∆ Revenues 8 032 932 6 375 378 26% \ +26% consolidated revenues Sale of goods 5 072 149 3 478 166 46% Cost of good solds 2 987 719 1 628 455 83% up to € 8m Goods gross profit 2 084 430 1 849 711 13% Licesing 591 977 611 547 -3% \ +23% operational costs Royalt
Slide 28: 2017 Results
2017 RESULTS \ Significant receivables \ Reinforced equity up to € 3.7m due to strong Q4 up to € 6m \ Important inventory \ Decreasing financial debt € 0.9m € 1.7m Assets 31-Dec-17 31-Dec-16 ∆ Liabilities 31-Dec-17 31-Dec-16 ∆ Uncalled capital Capital 670 076 500 076 34% Goodwill Share premiums 12 8
Slide 29: Use of Proceeds
USE OF PROCEEDS Greater investment capacity for Roctool Shanghai Strengthen global High working footprint through capital direct recruiting requirements Investment in key Maintain a high potential Research & customers to Innovation activity boost adoption 29
Slide 30: Why Invest in Roctool
WHY INVEST IN ROCTOOL \ High potential for growth and solid capabilities to capture value \ Roctool revolutionizes rapid molding processes for composites, plastic injection and metal \ Technology and process protected by over 18 patent families over 23 countries \ Important potential of the addressa
Slide 31: Shareholders
SHAREHOLDERS Others 16% NextStage AM 17% Keren Finance 5% Inocap 6% A Plus Finance 14% Trocadero 2015 LP 10% Company employees Siparex / 12% Phoebus Flex 10% 10% \ Fully diluted, as of March 2018 31
Slide 32: xOCTOOL
xOCTOOL LDING MATTERS