Aumann Ag · XETR:AAG
Aumann — Bankhaus Lampe Deutschlandkonferenz 2018
18 slides from Aumann's conference presentation, Apr 20, 2018
Slide 1: Aumann AG
Aumann AG A global leader in modular machines for E-mobility Bankhaus Lampe Deutschlandkonferenz 20 April 2018 0
Slide 2: Aumann at a glance
Aumann at a glance Right business Right capabilities Strong growth Fully automated E-drivetrain 80 years of winding experience Revenue2) production lines … in million € 30 years partner of automotive OEMs +30% p.a. > 300 ∼ 1,1001) highly skilled professionals 210 156 6 locations in Germany, China an
Slide 3: Key highlights of Aumann
Key highlights of Aumann 1 Strong growth due to E-mobility revolution in the automotive industry 2 Exclusive winding technologies in combination with deep automation know-how 3 Decades of automotive experience and trusted relationships with OEMs 4 Profitable and asset-light growth with good visibili
Slide 4: An E-mobility revolution is underway
An E-mobility revolution is underway Three factors put electric vehicles on the road Electric vehicles* Global production in million vehicles per year Technology push 32 CAGR +29% 13 Consumer pull Regulatory 2 push 2015 2020e 2025e * Electric vehicles including hybrids; Source: IHS 3
Slide 5: E-mobility has gained further traction
E-mobility has gained further traction Additional momentum from OEMs Additional regulatory pressure All car models to be electric or hybrid from 2019 Quotas for electric cars from 2019/2020 July 2017 All automakers producing or importing more than 30,000 cars in China affected 80 electric models by
Slide 6: To speed up growth in the E-mobility segment, Aumann acquired automation specialist USK
To speed up growth in the E-mobility segment, Aumann acquired automation specialist USK Acquisition of USK on 18 October 2017 USK is a perfect strategic fit for Aumann Engineering and delivery capacity €70m revenues > 370 skilled employees* Automotive experience Long-term relationships with OEMs/T
Slide 7: USK drastically increases engineering and delivery capacity of Aumann
USK drastically increases engineering and delivery capacity of Aumann Organic and anorganic capacity ramp up 2017 Headcount 1,245 44 Temporary workers Employees 386 (incl. trainees) +63% Acquisition of capacity 818 745 769 102 104 Temporary workers 675 97 102 71 565 46 Employees 667 716 711 604 648
Slide 8: Aumann automates the production of electric drivetrains with focus on the electric motor
Aumann automates the production of electric drivetrains with focus on the electric motor Electric motor Energy storage /conversion Rotor Stator Winding of stator and/or rotor Assembly of modules, packs, fuel cells Electric drivetrain 7
Slide 9: Aumann offers highly automated production technologies for traction motors
Aumann offers highly automated production technologies for traction motors Thin wire Thick/flat wire Conventional Distributed Conventional Continuous Insert-in Needle Winding Hairpin Hairpin Indirect Winding Direct Winding Assembly Winding / Assembly Lower automation High automation High automation
Slide 10: Aumann has a unique combination of capabilities, industry experience and corporate setup
Aumann has a unique combination of capabilities, industry experience and corporate setup Technological E-mobility Corporate leadership focus setup and size > 300m Exclusive winding Decades of > €300 million technologies automotive focus revenue 2018FC Highest degree Relationships to 6 locations in o
Slide 11: Close partnerships with blue chip customers enable Aumann’s E-mobility growth
Close partnerships with blue chip customers enable Aumann’s E-mobility growth Longstanding customer relationships… …leading to an accelerated E-mobility business Indicative cumulative orders last 25 years Automotive E-bike > € 460m E-mobility Relationship since 1990 segment customers > € 400m Relati
Slide 12: In 2017, both revenues and order intake grew significantly
In 2017, both revenues and order intake grew significantly Segment revenues Order intake in € million in € million +49% 282.3 +35% 102.3 210.4 190.1 156.0 60.8 50.9 42.5 180.0 149.6 139.2 113.6 2016 2017 2016 2017 E-mobility Classic Revenues and order intake 2017 according to preliminary figures 11
Slide 13: Due to capacity bottlenecks, profitability slightly declined in the second half of 2017
Due to capacity bottlenecks, profitability slightly declined in the second half of 2017 Adjusted EBIT in € million and in % of revenues 11% 12%* 12% 10% CAGR +26% 21.0 19.3 12.4* 10.5 11.0 2014A 2015A / 2016A 2017 *2015 as-if EBIT margin 2015 is not as-if; EBIT until 2016 is adjusted for management
Slide 14: Growth is our priority for 2018 with an expected growth rate of more than 40%
Growth is our priority for 2018 with an expected growth rate of more than 40% Total revenues in € million > 300 210 CAGR +30% 156 122* 96 93 2014A 2015A/ 2016A 2017 2018 FC *2015 as-if Revenue 2017 according to preliminary figures 13
Slide 15: We have made significant progress on strategic roadmap to market leadership
We have made significant progress on strategic roadmap to market leadership ▸ Grow skilled work force + 78% Ramp-up ▸ Expand shop floor +13,000 m² capacity ▸ IT hardware, licenses and projects Ongoing ▸ Expand facility in China Ongoing Expand ▸ Build up of USA/NAFTA activities Ongoing globally ▸
Slide 16: No matter who will prevail in the E-mobility revolution, they will need Aumann’s machines
No matter who will prevail in the E-mobility revolution, they will need Aumann’s machines for electric drivetrain manufacturing www.aumann-ag.com 15
Slide 17: Contact
Contact Aumann AG Dieselstr. 6 48361 Beelen Germany Tel.: +49 2586 888 7800 Fax: +49 2586 888 7805 www.aumann-ag.com info@aumann-ag.com 16
Slide 18: Disclaimer
Disclaimer The presentation, including any printed or electronic copy of these slides, the talks given by the presenters, the information communicated during any delivery of the presentation and any question and answer session and any document or material distributed at or in connection with the pre