Interroll Holding Ag · SIX:INRN
Interroll — H1 2016 Earnings Presentation
14 slides from Interroll's earnings presentation, Aug 5, 2016
Slide 1: H1/16 Analyst Presentation
H1/16 Analyst Presentation Web Cast, 5 August 2016 Daniel Bättig, CFO Interroll Holding AG interroll.com
Slide 2: Highlights H1/16
Highlights H1/16 � 9.2% Net Sales growth in the Group (Previous Year: 9.1%) � 11.2% Net Sales growth in the Asia-Pacific region Large Pallet & Carton Flow project billed � 13.6% Net Sales growth in the Americas region First Brazil Post Sorters billed � 25.1% EBIT increase to CHF 22.0 million (PY: CH
Slide 3: Internal Logistics Solutions are part of Material Handling Equipment Manufacturing
Internal Logistics Solutions are part of Material Handling Equipment Manufacturing Material Handling Equipment Manufacturing (MHEM) is a market > CHF 100 billion growing at a CAGR of 4-5% worldwide. Internal Logistics Solutions are a part of MHEM. Relevant market for Interroll products: CHF 4-6 bill
Slide 4: With our key products and services we want to further expand the global leadership
With our key products and services we want to further expand the global leadership in Internal Logistics Solutions Rollers Drives Sorters, Pallet, Conveyors Carton Flow Value Drivers Global Financial People Services Innovation Platforms Strengths Courier, Express, Parcel Airport Food, Beverage Distr
Slide 5: Order Intake CHF 216.3m (PY: CHF 206.3m)
Order Intake CHF 216.3m (PY: CHF 206.3m) By Product Groups in CHF million 220 31 � Record Order Intake: 30 CHF 216.3 million (+4.8%) 27 � In local currency +1.8% 33 38 71 74 � Topped already strong H1/15 48 110 42 39 Rollers, Conveyors, 57 62 55 Drives Sorters, 48 54 Pallet, Carton Flow 1606 44 41 4
Slide 6: Net Sales CHF 187.1m (PY: CHF 171.3m)
Net Sales CHF 187.1m (PY: CHF 171.3m) By Regions in CHF million � Record Net Sales of CHF 187.1 million � Shift from an «European» to a «Global» provider, without diluting the European business 200 Sales Gross Share Margin ASIA 13% 100 AMERICAS 28% EMEA 59% 0 1206 1306 1406 1506 1606 6/14
Slide 7: EBIT CHF 22.0m (PY: 17.5m)
EBIT CHF 22.0m (PY: 17.5m) In CHF million EBIT EBIT-Margin 24 24% � 9.2% higher Net Sales 22.0 � Economies of scale � Productivity increase 17.5 EBITDA CHF 30.9m (+16.4%) EBITDA-Margin 16.5% (PY: 15.5%) 12 12% � Depreciation slightly up � 2006 BDL acquisition fully amortised EBIT CHF 22.0m (+25.1%)
Slide 8: Net Income CHF 15.8m (PY: 12.8m)
Net Income CHF 15.8m (PY: 12.8m) In CHF million Net Income Net Income-Margin 16 16% 15.8 � Positive foreign currency result 12.8 � Higher tax quote Net Income CHF 15.8m (PY: 12.8m) 8 8% Net Income-Margin 8.4% (PY: 7.5%) 0 0% 1206 1306 1406 1506 1606 8/14
Slide 9: Operat. Cash Flow CHF 14.2m (PY: CHF 11.6m)
Operat. Cash Flow CHF 14.2m (PY: CHF 11.6m) In CHF million Operational Cash Flow Margin 20 16% � 23.4% higher Net Income Operational Cash Flow CHF 14.2m (+23.3%) Margin 7.6% (PY: 6.7%) 14.2 11.6 � Investments CHF 6.3m (PY: CHF 12.3m) 10 8% Free Cash Flow CHF 8.3m (PY: CHF -0.6m) Margin 4.4% (PY: -0.
Slide 10: RONA 15.1%, ROE 15.0%, ROIC 9.4%
RONA 15.1%, ROE 15.0%, ROIC 9.4% Interroll creates values ROE > WACC of 9.0% in 9 out of 10 years 30% 15% 0% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 ROE 26.7% 26.5% 4.3% 11.1% 13.4% 12.8% 11.9% 9.9% 14.4% 15.0% WACC 9.0% 9.0% 9.0% 9.0% 9.0% 9.0% 9.0% 9.0% 9.0% 9.0% 10/14
Slide 11: Progress Modular Conveyor Platform (MCP) and Business Outlook
Progress Modular Conveyor Platform (MCP) and Business Outlook � MCP roll-out realised in Europe (Q2/14) and in Asia (Q4/15) Customer expectations are exceeded. � Gradual MCP launch in the Americas Region started Q2/16 Based on its strong market position, its innovative products and the fast growing
Slide 12: Thank you for your attention
Thank you for your attention Do you have any questions? 12/14
Slide 13: Contacts
Contacts Daniel Bättig, MBA, CPA Chief Financial Officer Interroll Holding AG Via Gorelle 3 6592 Sant’Antonino Switzerland d.baettig@interroll.com Phone +41 91 850 25 44 13/14
Slide 14: Disclaimer
Disclaimer This presentation contains certain future-oriented statements. Future-oriented statements include all statements which do not relate to historical facts and events and contain future-oriented expressions such as “believe”, “estimate”, “assume”, “expect”, “forecast”, “intend”, “could” or “