Jenoptik Ag · XETR:JEN
Jenoptik — FY2009 Earnings Presentation
9 slides from Jenoptik's earnings presentation, Feb 8, 2010
Slide 1: Preliminary figures for fiscal year 2009
Preliminary figures for fiscal year 2009 February 8, 2010
Slide 2: Development of the Jenoptik markets in 2009
Development of the Jenoptik markets in 2009 Corporate Center Sales 2009: abt. € 470m / Sales 2008: € 548.3m y-o-y: -14 % Laser & Optical Systems Metrology D & C Systems Sales 2009: abt. € 165m Sales 2009: abt. € 95m Sales 2009: abt.€ 205m Sales 2008: € 207.0 m Sales 2008: € 126.3 Mio Sales 2008: € 2
Slide 3: Positive operating result in difficult market environment
Positive operating result in difficult market environment Sales decline due to economic crisis Positive group operating result before one-off effects One-off effects from closure of business with mid-format cameras, closure of sites, personnel measures and associated one-off restructuring cost
Slide 4: Preliminary results 2009: Free cash flow clearly above previous year's level
Preliminary results 2009 Free cash flow clearly above the previous year‘s level Figures in million euros As at 31.12.2009 As at 31.12.2008 Sales (consolidated) abt. 470 548 Lasers & Optical Systems abt. 165 207 Metrology abt. 95 126 Defense & Civil Systems abt. 205 208 EBIT before one-off effects >7
Slide 5: Package of measures 2009: cost savings of more than 10 million euros
Package of measures 2009 Cost savings of more than 10 million euros already realized Measures contributed to reduction of fixed costs and partially compensated for sales and margin decline: Personnel Staff adjustments to a regular workforce of about 3,000 employees (31.12.2008: 3,400) Short-ti
Slide 6: Net debt again significantly reduced in difficult environment in 2009
Net debt again significantly reduced in difficult environment in 2009 Development of net debt (in million euros) -46% -6% 376* -0% -17% 203 192 192 *incl. M+W 159 Zander In 2009 net debt reduced by 33 million euros 2005 2006 2007 2008 2009 2010-02-08 6
Slide 7: 2010: Slight recovery in semiconductor industry & material processing expected
2010: Slight recovery in semiconductor industry & material processing expected Corporate Center Lasers & Defense & Metrology Optical Systems Civil Systems Lasers & Optical Industrial Traffic Defense & Material Processing Systems Metrology Solutions Civil Systems Sales growth potential Sales growth p
Slide 8: Sales and earnings improvement expected from 2010
Sales and earnings improvement expected from 2010 Sales growth To between 475 and 500 million euros in 2010 Significant earnings improvement Through sales increase and reduction of fixed costs Drivers: semiconductor industry, photovoltaics, medical technology, automotive, traffic EBIT between
Slide 9: Disclaimer
Disclaimer This announcement 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