Jenoptik Ag · XETR:JEN

Jenoptik — Q1 2022 Earnings Presentation

18 slides from Jenoptik's earnings presentation, May 11, 2022

1. Slide 1: JENOPTIK AG – First quarter 2022

   JENOPTIK AG – First quarter 2022 Dr. Stefan Traeger I Hans-Dieter Schumacher | May 11, 2022 © Copyright Jenoptik. All rights reserved.

2. Slide 2: Disclaimer

   Disclaimer This presentation 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

3. Slide 3: New organizational structure

   New organizational structure First quarter 2022

4. Slide 4: New organizational structure since first quarter 2022

   New organizational structure since first quarter 2022 New organizational structure of the Jenoptik Group (excl. VINCORION) is reflected in reporting structure since the first quarter 2022 Advanced Photonic Smart Mobility Non-Photonic Portfolio Solutions Solutions Companies Revenue Revenue Revenue Q1

5. Slide 5: First quarter 2022 Continuing operations

   First quarter 2022 Continuing operations (Group, incl. VINCORION – if explicitly stated)

6. Slide 6: Strong development of order intake and backlog continued in first quarter 2022

   Strong development of order intake and backlog continued in first quarter 2022 – setting very good stage for further growth Order intake in million euros Order backlog in million euros 400 29.5% 750 18.1% 300 641.9 310.3 500 543.5 200 239.6 250 100 0 0 Q1/2021 Q1/2022 Dec 31, 2021 Mar 31, 2022 − Adv

7. Slide 7: Significant revenue increase including strong organic growth

   Significant revenue increase including strong organic growth Revenue in million euros 250 38.5% 200 208.5 − Strong organic growth of 16.6% of continuing operations 150 − Advanced Photonic Solutions division grew significantly 150.6 due to strong organic growth and revenue contribution from Jenoptik

8. Slide 8: Earnings clearly above prior-year level in spite of higher costs

   Earnings clearly above prior-year level in spite of higher costs EBITDA in million euros EBIT in million euros 30 6 27.3% 9.6% 5 4.7 20 4 4.3 21.0 16.5 3 10 2 1 0 0 Q1/2021 Q1/2022 Q1/2021 Q1/2022 − Strong operating performance of Advanced Photonic Solutions − Growth also in EBIT − EBITDA included P

9. Slide 9: Earnings before tax also exceeded prior-year figure

   Earnings before tax also exceeded prior-year figure In million euros Q1/2022 Q1/2021 − Gross margin impacted by higher material and personnel costs − Functional costs increased much less than revenue in spite of Revenue 208.5 150.6 the inclusion of the companies acquired in 2021 Gross margin 28.7% 3

10. Slide 10: Jenoptik is well positioned for future growth with sound financial base

    Jenoptik is well positioned for future growth with sound financial base and balance sheet structure Group In million euros Q1/2022 Q1/2021 − Cash flow from operating activities decreased due to lower positive effect of working capital and outflows from provisions Earnings before tax* 4.2 3.9 as well

11. Slide 11: First quarter 2022 Divisions

    First quarter 2022 Divisions

12. Slide 12: Advanced Photonic Solutions: outstanding operational development

    Advanced Photonic Solutions: outstanding operational development − Further significant increase in revenue with semiconductor equipment industry; biophotonics and industrial solutions also reported higher revenue; Jenoptik Medical and the SwissOptic Group contributed 33.0 million euros − EBITDA mark

13. Slide 13: Smart Mobility Solutions: revenue and earnings improved

    Smart Mobility Solutions: revenue and earnings improved − Increase in revenue in the first three months 2022 resulted in improved earnings and margin − Order intake slightly below high prior-year level; two bigger orders from North America and the Middle East/Africa included (in Q1/2021 several orde

14. Slide 14: Non-Photonic Portfolio Companies: order backlog higher than at year end 2021

    Non-Photonic Portfolio Companies: order backlog higher than at year end 2021 − Revenue was almost at prior-year level; increase in the automation area − Earnings and margin lower than in prior year − Order intake decreased compared with the high prior-year figure (automation orders of more than 40 m

15. Slide 15: Outlook

    Outlook

16. Slide 16: Fiscal year 2022: Further profitable growth expected

    Outlook for 2022 confirmed Our scheduled growth, however, presupposes that the Ukraine conflict – with the sanctions that have been implemented and potential impacts on price developments and supply chains – does not escalate further. Uncertainties also exist with regard to the development of the Co

17. Slide 17: Appendix

    Appendix

18. Slide 18: Dates and contact

    Dates and contact 11.05.2022 Publication of Quarterly Statement January – March 2022 23.05.2022 Berenberg Conference, New York 24.05.2022 db access Conference, Frankfurt/Main 15.06.2022 Annual General Meeting (virtual) 10.08.2022 Publication of Interim Report January – June 2022 Leslie Iltgen www.je

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