Bystronic Ag · SIX:BYS

Bystronic — Conzzeta — Investor Presentation (2018)

32 slides from Bystronic's investor presentation, 2018

  1. Slide 1: Investor Presentation 1st half 2018

    Investor Presentation 1st half 2018

  2. Slide 2: Disclaimer

    Disclaimer The information in this presentation about the business performance of the Conzzeta Group is of a summary nature only. The information in the Annual Report and half-year report of Conzzeta AG and on the website www.conzzeta.com prevails. Although the greatest possible care was taken with

  3. Slide 3: Content

    Content Group overview, priorities & outlook Segment updates Sheet Metal Processing: Bystronic Sporting Goods: Mammut Sports Group Chemical Specialties: FoamPartner and Schmid Rhyner Glass Processing: Bystronic glass Board of directors, management & investor contact Page 3 Investor Presentation, 1st

  4. Slide 4: Conzzeta portfolio overview – striving for leading positions in attractive target markets

    Conzzeta portfolio overview – striving for leading positions in attractive target markets Glass Processing >4’700 people Sheet Metal Processing Net revenue Solutions for architectural & CHF 1’482.8 m Cutting, bending, automatization – automotive flat glass processing innovative machinery constructio

  5. Slide 5: Conzzeta in transition

    Conzzeta in transition Corporate  2014 Revised shareholder structure, Governance new Chairman and majority-independent Board of Directors  2016 New Group CEO Transparency  2014 Enhanced segment reporting Business  2014 Divestment ixmation, acquisition Benien Portfolio  2015 Spin-off PLAZZA  20

  6. Slide 6: Differentiated business steering with focus on market orientation and value creation

    Differentiated business steering with focus on market orientation and value creation Swiss mid cap industrial portfolio with entrepreneurial anchor shareholders operating in attractive global markets with focus on value creation and dividend Financial aspiration Net sales growth >5% EBIT margin 8-10

  7. Slide 7: Consistent strategy execution with enhanced revenue contribution from defined growth segments

    Consistent strategy execution with enhanced revenue contribution from defined growth segments 2015 2017 18% revenue split 50% ~24% revenue split ~54% by segment pro forma1) YE 2015 YE 2016 YE 2017 YE 2018 Sheet Metal Chemical Sporting Glass Grow Grow Build Improve Processing Specialties Goods Proces

  8. Slide 8: Internationalization & Market Orientation

    Internationalization & Market Orientation – net revenue in Asia +95.5% vs YE 2015 Conzzeta Net revenue by region in CHF m Innovative portfolio of products & solutions – Group +31.7% strengthening footprint 1'482.8 in growth regions 1'210.1 428.8 1'126.1 222.4 293.5 Group Priorities 264.4 1. Internat

  9. Slide 9: People Development & Business Excellence

    People Development & Business Excellence – initial initiatives and enhanced capabilities  Inaugural Group-wide Talent Development Program  15 participants delivered 9 specific projects with measurable contribution and benefits under “rapid results approach”  Introduction of Global Management Team

  10. Slide 10: 2017 key performance figures

    2017 key performance figures (in CHF m) 2017 2016 ∆  Comparable1) order entry +25% (investment goods) Net revenue 1‘482.8 1‘210.0 +22.5%  Comparable1) net revenue +14.3% – strong 2nd half-year Total Revenue 1‘500.9 1‘210.8 +24.0%  EBIT reported incl. one-time gain of CHF 8.8 m from divestment; EB

  11. Slide 11: Strong 2HY 2017, driven by both machinery businesses and Sporting Goods

    Strong 2 HY 2017, driven by both machinery businesses and Sporting Goods 1HY 2HY 1HY 2HY 1HY 2HY (in CHF m) 20151) 20151) 20151) 2016 2016 2016 2017 2017 2017 Net revenue 531.0 595.1 1’126.1 522.7 687.4 1’210.0 623.5 859.3 1’482.8 Total revenue 541.0 582.8 1’123.8 543.0 667.8 1’210.8 658.6 842.3 1’5

  12. Slide 12: Conzzeta priorities & outlook for 2018

    Conzzeta priorities & outlook for 2018  Innovative product portfolio EBIT* performance history and financial strength 120 12%  Consistent strategy execution  Group priorities unchanged 100 10% 1. Internationalization EBIT Margin Aspiration 2. Market orientation 80 8% 3. Business excellence 4. Peo

  13. Slide 13: Content

    Content Group overview, priorities & outlook Segment updates Sheet Metal Processing: Bystronic Sporting Goods: Mammut Sports Group Chemical Specialties: FoamPartner and Schmid Rhyner Glass Processing: Bystronic glass Board of directors, management & investor contact Page 13 Investor Presentation, 1s

  14. Slide 14: Sheet Metal Processing business profile

    Sheet Metal Processing business profile Net revenue by region1) Net revenue trend (CHF m) 1000 CAGR 22.7% 800 32% Europe Organic growth 600 across regions; 47% Americas 400 acquisitive Asia / Pacific 200 mainly in Asia 21% 0 2015 2017 Net revenue by business segment1) Market and position  Technolog

  15. Slide 15: Driving growth on three pillars

    Driving growth on three pillars – product innovation / client segmentation / market development Fully integrated production cells with high performance laser cutting machines / Top Line bending robots / storage Stand-alone laser cutting machines with enhanced Performance Line performance (up to 6 KW

  16. Slide 16: Consistent strategy execution

    Consistent strategy execution Digital Transformation 1 Integrated Solutions 2  Industry 4.0  One piece flow  MES  Production cells  New services  Robots / automation Technology Leadership 3 Growth Plans 4  Own components  Market initiatives Mobile information in real time  Platforms, standa

  17. Slide 17: Sheet Metal Processing with very strong momentum

    Sheet Metal Processing with very strong momentum CHF m 2017 2016 ∆ Operational performance  Comparable net revenue +23.7% with Net revenue 856.1 650.9 +31.5% double-digit growth across all regions Operating 98.0 63.0 +55.5%  Continuously high level of innovation result (EBIT)  Strong demand for n

  18. Slide 18: Sporting Goods business profile

    Sporting Goods business profile Net revenue by region1) Net revenue trend; CHF m, FY 250 CAGR -1.4% 21% 200 47.9% 51.4% CAGR +2.1% 150 12% Europe 67% 100 Americas 50 52.1% 48.6% CAGR -4.7% Asia 0 2015 2017 DACH Other Markets Net revenue by product category1) Market and position  Premium mountain ou

  19. Slide 19: Strategy program overview – building retail capabilities & wholesale excellence

    Strategy program overview – building retail capabilities & wholesale excellence as response to competitive pressure and change in client behavior Multichannel Management & Digitalization  Deepening relationships with selected wholesale partners I  Strengthening and enhancing direct to consumer bus

  20. Slide 20: Sporting Goods with notably better 2HY EBIT performance

    Sporting Goods with notably better 2HY EBIT performance CHF m 2017 2016 ∆ Operational performance  Net revenue including reduction of Net revenue 228.6 232.9 -1.9% CHF 9.5 m low-margin sales to support Operating premium position 0.1 1.2 -91.7% result (EBIT)  Notably better 2HY EBIT performance of

  21. Slide 21: Chemical Specialties business profile

    Chemical Specialties business profile Net revenue by business unit1) Net revenue trend; CHF m, FY 300 CAGR 17.0% 18% 200 Growth across 279.2 regions driven 100 203.8 through FP FoamPartner acquisitions 82% Schmid Rhyner 0 2015 2017 FoamPartner Net revenue by region1)  Leader in specialty polyuretha

  22. Slide 22: Chemical Specialties – opportunities within FoamPartner business unit after 2017 M&A

    Chemical Specialties – opportunities within FoamPartner business unit after 2017 M&A transactions FoamPartner Otto Bock Kunststoff Mobility 14% Technical Foam FP-Mobility 13% Net 48% FP-Specialities Sales1) FP-Living & Care SR-Coatings 25% PU Systems & Specialties Molded Parts  Complementary produc

  23. Slide 23: Chemical Specialties with lower operating result masked by one-off gain

    Chemical Specialties with lower operating result masked by one-off gain Operational performance CHF m 2017 2016 ∆  Comparable net revenue +4.9%, Net revenue 279.2 219.7 +27.1% Otto Bock Kunststoff consolidated as of September 1, 2017 Operating 24.8 23.1 +7.4% result (EBIT)  EBIT margin excluding C

  24. Slide 24: Chemical Specialties – deep dive on FoamPartner raw material situation

    Chemical Specialties – deep dive on FoamPartner raw material situation Market prices TDI / MDI - (Eur / Kg)1)  High raw material prices persisted 4.0 throughout 2017, expected easing 3.5 in 2HY did not materialize 3.0 2.5  Pricing measures launched in 2017 TDI 2.0 not sufficient; mitigation of cos

  25. Slide 25: Glass Processing – business profile

    Glass Processing – business profile Net revenue by region1) Net revenue trend; CHF m, FY 150 100 Growth in 33% Asia offset by 48% 50 118.7 119.3 decline in Europe Americas Americas 19% Asia / Pacific 0 2015 2017 Net revenue by business segment1) Market and position  Solutions and services for the p

  26. Slide 26: Bystronic glass adjusting organization to better meet client demand

    Bystronic glass adjusting organization to better meet client demand Market drivers and market structure Value proposition  Increasing requirements in regard to  Focus on customers productivity in energy efficiency and noise reduction the processing of flat glass through  Stable growth trend in ar

  27. Slide 27: Glass Processing with accelerated momentum in HY

    Glass Processing with accelerated momentum in 2 HY Operational performance CHF m 2017 2016 ∆  Accelerated momentum in 2HY17 in Net revenue 119.3 106.9 +11.6% regard to net revenue and order entry Operating  EBIT favorably impacted by reduced 6.3 1.0 +530% cost base in German manufacturing site res

  28. Slide 28: Content

    Content Group overview, priorities & outlook Segment updates Sheet Metal Processing: Bystronic Sporting Goods: Mammut Sports Group Chemical Specialties: FoamPartner and Schmid Rhyner Glass Processing: Bystronic glass Board of directors, management & investor contact Page 28 Investor Presentation, 1s

  29. Slide 29: Conzzeta Board of Directors

    Conzzeta Board of Directors Ernst Bärtschi Werner Dubach Dr. Roland Abt Philip Mosimann Lic. oec. HSG, born 1952 Dipl. Ing. Chem. ETH, MBA Dr. oec. HSG, born 1957 Dipl. Ing. ETH, born 1954 Chairman of the BoD born 1943 Member of the BoD Member of the BoD since 2014 Member of the BoD since 2014 since

  30. Slide 30: Conzzeta Executive Committee

    Conzzeta Executive Committee Michael Willome Kaspar W. Kelterborn Barbara Senn Alex Waser Lic. oec. HSG, born 1966 Lic. oec. HSG, born 1964 Attorney at Law, LL.M. Automobile Engineer HTL, Group CEO Group CFO born 1967 MBA, born 1967 since 2016 since 2006 General Counsel since Head of the Sheet Metal

  31. Slide 31: Financial calendar & contact

    Financial calendar & contact Financial calendar 2018 March 20 Year-end results as at December 31, 2018 Zurich April 24 Annual General Meeting Zurich April 30 Payment of dividend August 10 Half-year results as at June 30, 2018 Conference Call 2019 March 20 Year-end results as at December 31, 2018 Zur

  32. Slide 32: Conzzeta AG

    Conzzeta AG Giesshuebelstrasse 45 CH-8045 Zurich www.conzzeta.com Phone +41 44 468 24 44 investor@conzzeta.com Seite Seite 32 32 2017 Results Presentation, Konzernleitungs-Sitzung vomMarch 20, 2018 2011 - Robert Suter 9. November

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