Kion Group Ag · XETR:KGX

Kion — Q1 2018 Earnings Presentation

18 slides from Kion's earnings presentation, Apr 26, 2018

Slide 1: KION GROUP AG Q1 2018 Update Call
KION GROUP AG Q1 2018 Update Call Gordon Riske (CEO) – Frankfurt, 26 April 2018
Slide 3: Q1 2018 Strategic Highlights
Q1 2018 Strategic Highlights First initiatives implemented under updated strategy KION 2027 Updated strategy KION 2027 sets course for further profitable growth over the next decade New Robotics Center of Enhanced digital offering for fleet Strategic partnership with EP Excellence management Equipme
Slide 4: Q1 2018 Financial Highlights
Q1 2018 Financial Highlights KION continues to generate profitable growth despite headwinds Outlook − Outlook for FY 2018 confirmed − Order intake at strong prior-year level of €1.9bn, revenue grew by 2.4% to €1.8bn in Q1 2018 − IT&S1 order intake increased by 5.0% to €1.5bn and revenue by 4.2% to €
Slide 6: Industrial Truck Market
Industrial Truck Market Global market continues growth with some normalisation Order intake unit growth y-o-y (in %) North America China Q2/17 Q3/17 Q4/17 Q1/18 Western Europe Q2/17 Q3/17 Q4/17 Q1/18 8.1% -0.9% 26.1% 19.2% Q2/17 Q3/17 Q4/17 Q1/18 36.5% 39.0% 35.0% 15.2% 7.3% 8.9% 11.6% 4.7% Eastern
Slide 7: Industrial Truck Market
Industrial Truck Market KION sees a good start into 2018 Industrial trucks: Regional development Industrial trucks: Market by region Order intake (in ‘000 units) and growth y-o-y (in %) Order intake FY 2017 (in ‘000 units) Q1 2018 Other 16% Western Market KION South/ Europe Central 28% Western Europ
Slide 9: Q1 2018 Key Financials
Q1 2018 Key Financials Margin improvement despite headwinds Order intake Revenue Adj. EBIT and margin Net income (in €m) (in €m) (in €m and %) (in €m) +0.2% +2.4% 8.4% 8.6% 1,882 1,885 1,801 1,843 +4.2% +73.1% 152 158 68 40 Q1 2017 Q1 2018 Q1 2017 Q1 2018 Q1 2017 Q1 2018 Q1 2017 Q1 2018 − Negative F
Slide 10: Industrial Trucks & Services
Industrial Trucks & Services Continued growth and margin expansion in Q1 2018 Key financials Currency effects Order intake +5.0% FX translation effect Q1 2018 1,415 1,485 Order intake -€32.0m (in €m) Revenue -€30.1m Q1 2017 Q1 2018 Revenue by category Revenue +4.2% 1,314 1,369 Based on FY 2017 finan
Slide 11: Supply Chain Solutions
Supply Chain Solutions Slow start and FX headwinds in Q1 2018 Key financials Currency effects Order intake -14.1% FX translation effect Q1 2018 461 396 Order intake -€42.2m (in €m) Revenue -€53.1m Q1 2017 Q1 2018 -2.3% Revenue by category Revenue 482 471 Based on FY 2017 financials (in €m) Q1 2017 Q
Slide 12: Adjusted EBITDA to Net Income
Adjusted EBITDA to Net Income Strong increase in net income Q1 Q1 (in €m) 2018 2017 Change Explanations Adjusted EBITDA 341 322 5.8% − PPA relates mainly to Dematic D&A 183 170 7.3% Adjusted EBIT 158 152 4.2% − Net financial expenses reflect Non-recurring items (NRI) 1 -10 <-100% among others optimi
Slide 13: Free Cash Flow Statement
Free Cash Flow Statement Free cash flow impacted by working capital increase Q1 Q1 (in €m) 2018 2017 Change Explanations EBITDA 342 312 9.4% − NWC driven by business Change in Net Working Capital (NWC) -95 12 <-100% volume Taxes paid -40 -26 -52.2% − Increased inventories due to Pension payments -6
Slide 14: Net Debt
Net Debt Net debt and leverage significantly reduced Net debt as at 31 Mar 2018 Net debt development (in €m and leverage as multiple of LTM adjusted EBITDA) − Net financial debt remains almost 1.4x1 1.9x2 2.7x2 unchanged (Dec 2017: €2,096m) − Leverage on industrial net operating 994 3,230 debt incre
Slide 16: FY 2018 Outlook
FY 2018 Outlook Outlook for continued profitable growth confirmed KION Group Industrial Trucks & Services Supply Chain Solutions Outlook Outlook Outlook (in €m) FY 20171 FY 2018 FY 20171 FY 2018 FY 20171 FY 2018 Order intake 7,979 8,050 – 8,550 5,859 5,950 – 6,150 2,099 2,100 – 2,400 Revenue 7,654 7
Slide 17: Financial Calendar
Financial Calendar Date Event 9 May 2018 Annual General Meeting 26 July 2018 Interim report for the period ended 30 Jun 2018 (Q2 2018) and analyst call 25 October 2018 Quarterly statement for the period ended 30 Sep 2018 (Q3 2018) and analyst call Subject to change without notice 17 KION GROUP AG |
Slide 18: Disclaimer
Disclaimer This document has been prepared by KION GROUP AG (the “Company”) solely for informational purposes. This disclaimer shall apply in all respects to the entire presentation (including all slides of this document), the oral presentation of the slides by representatives of the Company (or any

Kion Group — Q1 2018 Earnings Presentation on 6ix

Kion — Q1 2018 Earnings Presentation

Slide 1: KION GROUP AG Q1 2018 Update Call

Slide 2: Agenda

Slide 3: Q1 2018 Strategic Highlights

Slide 4: Q1 2018 Financial Highlights

Slide 5: Agenda

Slide 6: Industrial Truck Market

Slide 7: Industrial Truck Market

Slide 8: Agenda

Slide 9: Q1 2018 Key Financials

Slide 10: Industrial Trucks & Services

Slide 11: Supply Chain Solutions

Slide 12: Adjusted EBITDA to Net Income

Slide 13: Free Cash Flow Statement

Slide 14: Net Debt

Slide 15: Agenda

Slide 16: FY 2018 Outlook

Slide 17: Financial Calendar

Slide 18: Disclaimer