Facc Ag · VIE:FACC
Facc — Q1 2015/16 Earnings Presentation
10 slides from Facc's earnings presentation, Jul 16, 2015
Slide 1: Investor Presentation Q1 2015/16
INVESTOR PRESENTATION Q1 2015/16 July 16, 2015 This document contains information which is proprietary to FACC or other companies. Page 1 Any reproduction, disclosure or use of this information without FACC‘s prior written consent is expressly prohibited.
Slide 2: Highlights – Q1 2015/16
HIGHLIGHTS – Q1 2015/16 IMPROVEMENT OF EBIT improved by 6.5 mill. EUR RESULTS 136.7 mill. EUR - Strong RC sales 14.2% SALES due to rate increase INCREASE USD 5.5 BN Orders for new generation aircrafts ORDER BACKLOG (A330 NEO, A320 NEO, Embraer ,) Page 2
Slide 3: Market Update
MARKET UPDATE Confidence in cycle remains high Deliveries & Order backlog will expected to increase in 2015/16 Mature A330 programs for FACC will remain at rate 6 while transitioning to A330 NEO Business jet market weakens again, however FACC AG business jet portfolio is very strong Strong orders fo
Slide 4: Operational Achievements
OPERATIONAL ACHIEVEMENTS Milestones achieved in Q1 2015/16 • Solid operational output increase in all divisions from A350 XWB- and Business Jet • FY 2015/16 order backlog Programs with positive indication of stable growth in FY 2015/16 • Focus on “Operational Excellence Program” leads to cost reduct
Slide 5: Sales Break-down by Segment
SALES BRAKE-DOWN BY SEGMENT Product related revenues grew by 16 %. New projects are gaining further sales HIGHLIGHTS + 17 % Overall increase in revenue 136,7 + 22 % across FACC 6,4 • 10% growth in Aerostructures + 10 % from A321 and A350 production 4,5 ramp ups. • 22% growth in Engine & Nacelle 6,0
Slide 6: Income Statement
INCOME STATEMENT EUR tsd. 2012/13 2013/14 2014/15 Q1 2014/15 Q1 2015/16 Revenue 434,615 547,382 528,914 119,714 136,680 Changes in inventories 5,523 -8,186 2,755 8,311 6,658 Own work capitalised 4,471 9,758 18,762 4,028 5,999 Cost of materials -257,105 -308,959 -330,193 -81,355 -90,370 Staff costs -
Slide 7: Balance Sheet
BALANCE SHEET EUR tsd. Feb. 28, 2013 Feb. 28, 2014 Feb. 28, 2015 May 31, 2015 Non-current assets 217,659 274,575 334,976 339,761 ASSETS Current assets 230,154 294,745 383,269 394,176 Total assets 447,813 569,320 718,245 733,937 Equity (incl. non- 198,545 224,828 314,908 314,857 controlling interest)
Slide 8: Hedge Portfolio / US$ Exchange Rate
Hedge Portfolio / US$ Exchange Rate Hedge book as of May 31, 2015 Average hedge 1,31 1,22 1,19 rate (US$/€): 100% 50% 21% 15/16 16/17 17/18 Source: Company information Page 8
Slide 9: Outlook 2015/16
OUTLOOK 2015/16 (Extract from the interim report Q1 2015/16) • On the basis of the orders currently booked for the remaining quarters, the management of FACC AG assumes that the positive development of both revenues and earnings will continue over the year. • Due to a number of seasonality effects,
Slide 10: IR-Information
IR-Information Share Information IR Contact ISIN AT00000FACC2 Manuel Taverne Director Investor Relations Official market Vienna Stock Exchange / prime-market Ticker symbol FACC Phone: +43/59/616-2819,. Mobile: +43/664/80119 2819 Reuters FACC.VI e-mail: m.taverne@facc.com Bloomberg FACC AV Shares out