Heidelberger Druckmaschinen Ag · XETR:HDD
Heidelberger Druckmaschinen — Q1 2017/18 Earnings Presentation
14 slides from Heidelberger Druckmaschinen's earnings presentation, Aug 10, 2017
Slide 1: Results Q1-2017/2018
Results Q1-2017/2018 Rainer Hundsdörfer, CEO | Dirk Kaliebe, CFO August 10, 2017 Heidelberg goes digital.
Slide 2: Growth strategy “Heidelberg goes digital”
Growth strategy “Heidelberg goes digital” © Heidelberger Druckmaschinen AG 2
Slide 3: Update Technology leadership (innovation)
Update Technology leadership (innovation) Growth opportunities: approx. € 200 million sales potential in 5 years • Market for digital packaging is growing by approx. 20% p.a. • Company Faller reserves one of the first Primefire 106 for its digital pharmaceutical packaging production • Gallus Labelfi
Slide 4: Update Digital transformation
Update Digital transformation Growth opportunities: sales potential in 5 years • Digital business model (€ +250m) • Digital platforms (€ +50m) • With the acquisition of the software provider DOCUFY, HDD strengthens the digital platforms business area and expands its range of Industry 4.0 products •
Slide 5: Update Operational excellence
Update Operational excellence Reduction of process-related and structural costs by approx. € 50 million in 5 years • On track to define and implement effiency measures to reach € 50m cost savings • Higher logistics efficiency thanks to optimization of tariff model and purchase of logistics center (4
Slide 6: Key figures 3m 2017/18
Key figures 3m 2017/18 Q1 16/17 Q1 17/18 Δ pY ● Order intake down yoy due to drupa base effect in 2016 Order intake 804 629 -22% ● Sales slightly up – in line with the forecast; mainly China, WE Sales 486 495 +2% ● EBITDA excl. restructuring result considerably improved EBITDA 1 14 +13 by €13m; EBIT
Slide 7: Sales and EBITDA by segment in Q1 FY2017/18
Sales and EBITDA by segment in Q1 FY2017/18 • Heidelberg Digital Technology: higher sales volume and efficiency measures contributed to improved margins and thus to an improved result • Heidelberg Digital Business & Services was negatively impacted by weaker consumables sales and higher developement
Slide 8: Sustainable and profitable growth
Sustainable and profitable growth • Digital print portfolio (€ +200 million) • Digital business model (equipment– consumables – service: € +250 million) • Digital platforms (€ +50 million) • Digital business model / Volume growth (€ +50 million) • Cost efficiency (operational excellence: € +50 milli
Slide 9: Targets set. Outlook.
Targets set. Outlook. Outlook FY 2016/17 FY 2017/18 5-years target € 2,524m on previous year‘s level up to € 3 billion +€ 500m 7.1 % 7 – 7.5% Up to 10% +€ 100m HDT ~ 5% HDT 5-7% HDT 6-9% HDB ~9% HDB 8-10% HDB 8-11% € 36m moderate increase ∑ > € 100m 1.4 below 2 below 2 © Heidelberger Druckmaschinen
Slide 10: BACKUP
BACKUP © Heidelberger Druckmaschinen AG
Slide 11: Financial framework
Financial framework Maturity profile Other instruments RCFA (Jun-2019) Other instruments & REL | amortizing promotional loans Capital markets EIB | amortizing instruments BondHYB (Mai-2022) Convertible Bond (Jul-2017) 23% 44% Convertible Bond (Mrz-2022) 298 33% 256 9 25 4 Syndicated credit line 205
Slide 12: Order intake – regional split
Order intake – regional split Order intake Q1 2017/18 (Q1 2016/17) South America 2.5% North America (2.5%) 18.6% (16.3%) EMEA 44.2% (49.1%) € 629m (€ 804m) 25.4% (21.7%) Asia/Pacific 9.2% (10.4%) Eastern Europe © Heidelberger Druckmaschinen AG
Slide 13: Financial Calendar
Financial Calendar Release of the figures for the second quarter 2017/2018 November 9, 2017 Release of the figures for the February 8, 2018 third quarter 2017/2018 Figures FY2017/2018 June 12, 2018 AGM FY 2017/2018 July 25, 2018 © Heidelberger Druckmaschinen AG
Slide 14: Important notice
Important notice This release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future
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