Bystronic Ag · SIX:BYS
Bystronic — Conzzeta — Investor Presentation (June 2019)
32 slides from Bystronic's investor presentation, June 2019
Slide 1: Differentiated steering for leading positions
Differentiated steering for leading positions Investor Presentation Zurich, June 2019
Slide 2: Content
Content • Group strategy & outlook Page 3 • Segment profiles Page 12 • Corporate responsibility and governance Page 26 • Financial calendar Page 30 Zurich, June 2019 | Investor Presentation 2
Slide 3: We are a Swiss group of businesses
We are a Swiss group of businesses We stand for innovation, market orientation and an entrepreneurial spirit ~5’000 people worldwide CHF 0.4 bn net cash position Entrepreneurial anchor stakeholders Net revenue 1’648.9 m1) 2. Supporting and promoting 1. Striving to become a leader in target markets a
Slide 4: Differentiated steering for leading market positions
Differentiated steering for leading market positions Sales growth >5% Mid-term EBIT margin 8-10% targets (p.a.) RONOA >15% Sheet metal Chemical Outdoor processing specialties Grow and lead Grow and build Build and grow global industry more resilient on premium trend towards businesses brand with new
Slide 5: Consistent priorities and enhanced capabilities to drive excellence, success, performance
Consistent priorities and enhanced capabilities to drive excellence, success, performance Strategic Thinking Entrepreneurship Market orientation Internationalization Innovation Growth Collaboration and Diversity Profitability Performance Orientation Capital efficiency Drive for Excellence People dev
Slide 6: Continuously sharpening the profile towards sustainable value creation
Continuously sharpening the profile towards sustainable value creation Bystronic: No. 1 solution provider in sheet metal processing Business FoamPartner: Transformational upscaling towards “Best in Foam” strategies Schmid Rhyner: Innovative coatings to turn surfaces into experience Mammut Swiss 1862
Slide 7: Stepping towards a more focused business portfolio
Stepping towards a more focused business portfolio to deliver on our financial aspiration more consistently Performance history – continued1) Divestment of Glass Processing segment as a 1'800 12% structurally diluting business per April 1, 2019, after 1'600 1'400 10% turn-around and subsequent opera
Slide 8: Group KPI's continued operations
Group KPI’s continued operations I.e. without Glass Processing segment, divested as per April 1, 2019 (CHF m) 2018 2017 Continued operations 2018 (pro forma) Order entry 1'003 943 • Order entry +6.6% Net revenue 1'649 1'363 • Net revenue +20.6% Total revenue 1'668 1'383 • Slight impacts to margins a
Slide 9: Business trends
Business trends Slow-down in 1Q 2019 compared to very strong start to 2018 Q1 Q2 Q3 Q4 2018 revenue trends CHF m 2017 2018 Diff. 2017 2018 Diff. 2017 2018 Diff. 2017 2018 Diff. Order entry Group 232.9 276.1 18.6% 275.1 305.4 11.0% 266.0 267.7 0.6% 293.3 279.8 -4.6% Net revenue Group 300.1 430.6 43.5
Slide 10: Outlook for 2019
Outlook for 2019 Demonstrate resilience Sheet metal processing 1'000 20% Status 500 10% • Industry slow-down from high level Outlook statement from March 20: 0 2014 2015 2016 2017 2018 0% • Very healthy 12.8% margin in 2018 With enhanced geopolitical and Total Revenue CHF m EBIT margin in % TR • Foc
Slide 11: Content
Content • Group strategy & outlook Page 3 • Segment profiles Page 12 • Corporate responsibility and governance Page 26 • Financial calendar Page 30 Zurich, June 2019 | Investor Presentation 11
Slide 12: Sheet Metal Processing Bystronic
Sheet Metal Processing Bystronic
Slide 13: Sheet Metal Processing Business profile Bystronic
Sheet Metal Processing Business profile Bystronic CHF m, FY Net revenue by region1) 1250 Net revenue trend 1000 750 CAGR 21.4% 500 250 Organic growth across regions; 31% Europe 0 acquisitive mainly in Asia 48% Americas 2015 2018 Asia and Other 21% Market and position Net revenue by business segment1
Slide 14: Sheet Metal Processing Another year of strong performance
Sheet Metal Processing Another year of strong performance CHF m 2018 2017 % Operational performance Net revenue 1'013.2 856.1 18.3 • Double-digit growth across regions and client segments Operating result 132.5 98.0 35.2 • Comparable net revenue +14.9%, reflecting (EBIT) acquisitions of TTM Laser an
Slide 15: Bystronic's vision is to be the number 1 partner in the sheet metal and tube industry
Bystronic’s vision is to be the number 1 partner in the sheet metal and tube industry, by combining best solutions and services to make customers leaders in world class manufacturing Growth strategy to achieve >20% market share through organic and anorganic initiatives Vision Smart Factory Zurich, J
Slide 16: Chemical Specialties FoamPartner Schmid Rhyner
Chemical Specialties FoamPartner Schmid Rhyner
Slide 17: Chemical Specialties Business profile FoamPartner & Schmid Rhyner
Chemical Specialties Business profile FoamPartner & Schmid Rhyner CHF m, FY Net revenue by business unit1) 500 Net revenue trend 400 300 CAGR 23.4% 14% 200 Growth across regions driven by Otto FoamPartner 100 0 Bock Kunststoff acquisition Schmid Rhyner 2015 2018 86% Market and position Net revenue b
Slide 18: Chemical Specialties Enhanced scale amidst a challenging operating environment
Chemical Specialties Enhanced scale amidst a challenging operating environment CHF m 2018 2017* % Operational performance Net revenue 382.9 279.2 37.1 • Double-digit growth across regions, driven by acquisition of Otto Bock Kunststoff Operating result 5.8 16.0 -63.8 • Comparable net revenue -2.5%, d
Slide 19: FoamPartner transformational roadmap
FoamPartner transformational roadmap Driving economies of scale from enlarged platform M&A Business optimization • Business (incl. pricing) excellence Transformational upscaling • Fix challenges in the US and China ✓ Acquired Otto Bock Kunststoff • Footprint optimization ✓ Resolved legacy JV structu
Slide 20: FoamPartner Clear priorities and defined action plans
FoamPartner Clear priorities and defined action plans Regional strategies Overall organization • Turn around America • Modernize, e.g. – Re-focus organization – CRM tool – Site consolidation – ERP system – Growth in Specialties – Facility upgrades • Transition in Asia • Excellence, e.g. – Improve yi
Slide 21: Outdoor Mammut
MAMMUT SWISS1862 Outdoor Mammut
Slide 22: Outdoor Business profile Mammut
Outdoor Business profile Mammut CHF m, FY Net revenue by region1) 250 Net revenue trend 200 150 Other CAGR 4.1% 22% markets Elimination of low margin Europe 100 Americas 50 DACH sales and reduced footprint 11% 67% 0 region exposure in DACH region Asia and Other 2015 2018 Market and position Net reve
Slide 23: Outdoor Implementation of 5 year strategic plan on track
Outdoor Implementation of 5 year strategic plan on track CHF m 2018 2017 % Operational performance Net revenue 253.4 228.6 10.9 • Double-digit growth across regions; comparable Operating result growth at stable fx-rates 9.4% 5.2 0.1 n.a. (EBIT) • Successful product innovations for WS 2018, EBIT marg
Slide 24: Outdoor 5 year strategy program with selected achievements
Outdoor 5 year strategy program with selected achievements • Developed more scalable business models • Built own eCommerce, available now in ~20 countries • Built global consumer data base I Grow in Multichannel Management & Digitalization • Established an omni-channel service through digital assets
Slide 25: Content
Content • Group strategy & outlook Page 3 • Segment profiles Page 12 • Corporate responsibility and governance Page 26 • Financial calendar Page 30 Zurich, June 2019 | Investor Presentation 25
Slide 26: Embracing secular trends with a less complex portfolio structure
Embracing secular trends with a less complex portfolio structure 2018 Materiality Assessment Identified material topics Ecology - Energy & Climate Change - Chemicals in Production - Longevity & Cyclability Society - Product Health & Safety - Working Conditions - Diversity & Inclusion Economy - Innov
Slide 27: Conzzeta Board of Directors
Conzzeta Board of Directors Ernst Bärtschi Jacob Schmidheiny Robert F. Spoerry Dr. Matthias Auer Lic. oec. HSG, born 1952 Lic. oec. publ., born 1943 Dipl. Masch.-Ing. ETH, MBA, Dr. iur., born 1953 Chairman of the BoD Member of the BoD born 1955 Member of the BoD since 2014 since 1977 Member of the B
Slide 28: Conzzeta Group Executive Board
Conzzeta Board of Directors Michael Willome Kaspar W. Kelterborn Barbara Senn Alex Waser Lic. oec. HSG, born 1966 Lic. oec. HSG, born 1964 Attorney at Law, LL.M., born 1967 Automobile Engineer HTL, MBA, born 1967 Group CEO Group CFO General Counsel since 2010 Head of the Sheet Metal Processing since
Slide 29: Content
Content • Group strategy & outlook Page 3 • Segment profiles Page 12 • Corporate responsibility and governance Page 26 • Financial calendar Page 30 Zurich, June 2019 | Investor Presentation 29
Slide 30: Financial calendar
Financial calendar 2019 June 5 – 6 Roadshow London Mainfirst June 13 Roadshow Frankfurt Mainfirst June 26 Roadshow Zurich ZKB June 27 Roadshow Geneva Mainfirst August 10 Half-year results 2019 Conzzeta September 19 Investora Conference, Zurich Investora October 16 9M Trading Update Conzzeta November
Slide 31: Disclaimer
Dislaimer 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 t
Slide 32: Thank you very much for your interest.
Thank you very much for your interest. Ticker symbols Valor 24401750 ISIN CH0244017502 Conzzeta Management AG Phone +41 44 468 24 44 SIX Swiss Exchange CON Giesshuebelstrasse 45 www.conzzeta.com Reuters CONC.S 8045 Zurich, Switzerland Bloomberg CON:SW