Slide 1: Presentation of results for the full year 2015
March 2015 Zurich, 17 March 2016 Presentation of results for the full year 2015 Ronald Fehlmann, CEO Markus Portmann, CFO Technology with Passion Agenda 1 COMET Group at a Glance R. Fehlmann 2 Review 2015 R. Fehlmann Business Segments 3 Financial Results M. Portmann 4 Outlook 2016 R. Fehlmann 5 Ques
Slide 2: COMET Group at a glance
March 2015 COMET Group at a glance Swiss company with leading technologies and global presence NET SALES in CHFm Media and analyst conference | March 17 2016 3 COMET Group at a glance Turning innovative technologies into value adding solutions With our core technologies we support customers in vario
Slide 3: 2015 - The second strongest results in history
March 2015 Agenda 1 COMET Group at a Glance R. Fehlmann 2 Review 2015 R. Fehlmann Business Segments 3 Financial Results M. Portmann 4 Outlook 2016 R. Fehlmann 5 Questions & Answers all Media and analyst conference | March 17 2016 5 2015 - The second strongest results in history - Important foundatio
Slide 4: Review FY 2015: Second strongest year in a demanding environment
March 2015 Review FY 2015 2015: Second strongest year in a demanding environment Net sales in CHF -1.9% vs. previous year from 287.9m to 282.3m Net income in CHF -34.9% vs. previous year due to one-time tax effects, fx translation losses and one- time cost of acquisition from 26.3m to17.1m EBITDA in
Slide 5: Mixed sales development per segment and per region
March 2015 Review FY 2015 2015: Mixed sales development per segment … + 5.9% - 18.7% + 10.1% Net Sales 111.9m 101.4m 81.6m in CHF (2014: 105.8m) (2014: 124.7m) (2014: 74.1m) EBITDA 19.3% 12.9% 3.7%* margin (2014: 17.3%) (2014: 12.9%) (2014: 9.9%) * including investments in ebeam Media and analyst co
Slide 6: Plasma Control Technologies
March 2015 Plasma Control Technologies (PCT) Record sales – market position further strengthened with high-end solutions 2.6% sales increase in local currencies based on expanded business with existing customers successful expansion in flat panel market growth of latest 3D-NAND memory chips mark
Slide 7: X-Ray Systems
March 2015 X-Ray Systems (IXS) Gross profit margin improved; strong CHF and declining Chinese tire market put pressure on sales 13.6% decrease in sales in local currencies due to divergent market trends growth with 3D imaging solutions (CT) in electronic and foundry market collapse in Chinese ti
Slide 8: X-Ray & ebeam Technologies
March 2015 X-Ray & ebeam Technologies XET: Challenging markets and currency conditions in x-ray business; ebeam on track 14.1% growth in local currencies including the acquisition of PCT Engineered Systems LLC Security: new partner opens door to new application in Asia (hand luggage screening) s
Slide 9: XET: ebeam unit reached major milestones
March 2015 X-Ray & ebeam Technologies XET: ebeam unit reached major milestones - now global powerhouse for low-energy ebeam Acquisition of PCT Engineered Systems allows to expand market access to end customers to complement product portfolio enabling XET to address new applications like treatmen
Slide 10: Strong results impacted by currency fluctuations and acquisition effect
March 2015 Financial Results Strong results impacted by currency fluctuations and acquisition effect FY Change in CHF thousands 2015 2014 Absolute in% Incoming orders 296'059 280'884 15'175 5% Backlog 80'355 58'559 21'796 37% Book-to-bill 1.05 0.98 7% Net sales 282'321 287'895 -5'574 -2% Cost of sal
Slide 11: Net sales driven by negative currency effects and positive acquisition contribution
March 2015 Financial Results Net sales driven by negative currency effects and positive contribution of acquisition -1.9% +10.5 +2.8 -16.9 300.0 +2.7 +3.4 -6.4 287.9 +1.2 -2.9 282.3 280.0 260.0 CHF millions 240.0 Volume effect in local currencies Negative currency effect 220.0 CHF -0.9m CHF -4.7m 20
Slide 12: Economic profit and net income
March 2015 Financial Results COMET again generated economic profit and therefore value for its shareholders Mio. CHF Development of Economic Profit & ROCE 15 17% 16% 10 15% 6.1 13% 12% 5 12% 11% 11% -1.8 -0.9 0 9% 3.0 5.4 4.6 8% 7% 8% -5 5% 5% -6.5 -10 3% 2010A 2011A 2012A 2013A 2014A 2015A one off
Slide 13: Higher finance costs related to strong CHF
March 2015 Financial Results Higher finance costs related to strong CHF Net financing items amounted to an expense of CHF 3.4m (PY CHF 0.9m), reflecting the following factors: Interest expenses decreased to CHF 1.0m (PY CHF 1.2m) due to further repayment of fixed-rate bank borrowings The appreci
Slide 14: Ongoing sound balance sheet ratios despite FX translation impacts
March 2015 Financial Results Ongoing sound balance sheet ratios despite significant FX translation impacts In CHF millions FY 2015 FY 2014 Current assets 137.7 53.9% 134.9 54.8% Non-current assets 117.9 46.1% 111.0 45.2% Total assets 255.6 100.0% 245.9 100.0% Liabilities 93.4 36.6% 86.1 35.0% Equity
Slide 15: Strong operating key ratios per share
March 2015 Financial Results Strong operating key ratios per share CHF 48 46 42 40 37 36 34 30 30 23 24 23 24 21 22 21 18 18 14 13 11 11 12 8 8 6 4 4 0 2011 2012 2013 2014 2015 Free Cash Flow p. Share Operating Cash Flow p. Share Dividend EPS After having successfully reduced net debt, ongoing stron
Slide 16: Non-current assets influenced by capex and US acquisition
March 2015 Financial Results Non-current assets influenced by capital expenditure and the acquisition in the US Non-current assets increased by CHF 6.9m or 6.2% Compared to prior year-end property, plant and equipment and intangible assets increased by CHF 7.8m Non-current assets acquired totale
Slide 17: Net cash positive situation of CHF 2.3m
March 2015 Financial Results Net cash positive situation of CHF 2.3m CHF Mio. 50 2.0 40 1.6 1.2 39.8 30 1.0 36.0 35.7 1.2 27.3 20 25.1 0.8 0.4 10 0.4 0.1 2.3 0 0.0 ‐2.0 ‐0.1 ‐10 ‐13.7 ‐0.4 ‐20 ‐25.9 ‐0.8 ‐30 ‐32.1 ‐1.2 ‐40 ‐1.6 ‐50 ‐2.0 2011 2012 2013 2014 2015 EBITDA Net debt Net debt / EBITDA Soli
Slide 18: COMET confirms mid-term goals and accelerates investments
March 2015 Agenda 1 COMET Group at a Glance R. Fehlmann 2 Review 2015 R. Fehlmann Business Segments 3 Financial Results M. Portmann 4 Outlook R. Fehlmann 5 Questions & Answers all Media and analyst conference | March 17 2016 35 Outlook COMET Group confirms mid-term goals and accelerates investments
Slide 19: Growth mainly to be achieved through strategic projects
March 2015 Outlook Growth mainly to be achieved through strategic projects Innovative New Key Acct Operational Technologies Applications Partnering Excellence X-ray Surface treatment Selected key Increase gross Improved image partners worldwide profit margin chain Measuring iVario Opti
Slide 20: Decision to increase and accelerate investments
March 2015 Outlook Decision to increase and accelerate investments in … Strategic initiatives Operational excellence Organizational set up EBT: new opportunities in food / Strengthening of groupwide Adjustments on Executive digital printing; accelerated supply chain Committee level: development
Slide 21: New organizational set up for Strategy 2020
March 2015 New set up New organizational set up creating optimal conditions for implementation of Strategy 2020 R. Fehlmann C. Bärtschi M. Portmann T. Polzer E. Dubuis Plasma Control ebeam X-Ray Systems X-Ray Modules Technologies Technologies M. Kammerer D. Steck a.i. R. Fehlmann C. Flükiger Separat
Slide 22: Q&A and Analyst Coverage
March 2015 Q&A Media and analyst conference | March 17 2016 43 Information for investors Analyst Coverage Bank Vontobel AG Mainfirst Michael Foeth Michael Inauen T +41 58 283 52 23 +41 (43) 888 61 55 Gotthardstrasse 43, 8022 Zürich Gartenstrasse 32, 8002 Zurich Helvea AG ZKB Reto Amstalden Alexander
Slide 23: Financial calendar and Disclaimer
March 2015 Financial calendar for the COMET Group 21 April, 2016 General Assembly in Berne 18 August, 2016 Publication of the half-year report 23 November, 2016 Investor Day For more details on business development and financial data please see our annual report at http://www.comet-group.com or cont