Facc Ag · VIE:FACC
Facc — Q3 2016/17 Earnings Presentation
13 slides from Facc's earnings presentation, Jan 18, 2017
Slide 1: Extend Your Expectations
Extend Your Expectations Q3 2016/17 - Analyst Presentation January 18, 2017 Copyright FACC, 2016 Page 1
Slide 2: The Aerospace Market – Overview
The Aerospace Market – Overview • Strong ramp up of the AIRBUS A350 program with a factor of 3,5 YoY • Narrow Body Airplanes continue with ramp up’s performing as scheduled • Indication of normalization of market demands • Book to Bill Ration still above 1 • Business Jet order intake temporary below
Slide 3: Deliveries, Milestones & Order Book
Deliveries, Milestones & Order Book • Ramp up of new programs as planned • Program development milestones executed as planned • AIRBUS A350-1000 deliveries • AIRBUS A330neo deliveries • Embraer E2 first part qualification • COMAC C919 certification milestones • 500th shipsets of BOEING B787 product
Slide 4: FACC AG - Transforming the Company
FACC AG - Transforming the Company Outsourcing of products to low cost countries to continue Automation ongoing Restructuring of material supply / make & buy benefiting material cost Step reduction of temporary leasing manpower Focus on cash management From Austria to the the world Page 4
Slide 5: Development of FACC AG March – November 2016/17
DEVELOPMENT OF FACC AG March – November 2016/17 Page 5
Slide 6: Revenues by segment
Revenues by segment New projects are gaining further ground – Overall growth of 22.7% HIGHLIGHTS + 25 % + 28 % Overall increase in production + 19 % revenues of 94,68 mill. EUR or 24.5 % Engineering revenues (NRC) improved by 2.6 mill. EUR to 44.7 mill EUR Growth from new programs • A350 XWB • A321
Slide 7: Continuous earnings improvement
Continous earnings improvement EBIT EUR mill. Page 7
Slide 8: Income Statement
Income Statement Q1 - Q3 Q1 - Q3 In EUR mill. 2012/13 2013/14 2014/15 2015/16 2016/17 Revenue 434.6 547.4 528.9 427.8 525.1 Changes in inventories 5.5 -8.2 2.8 10.5 14.1 Own work capitalised 4.5 9.8 18.8 14.6 7.6 Cost of materials -257.1 -308.0 -330.2 -274.9 -336.5 Staff costs -110.5 -142.6 -162.3 -
Slide 9: Segment Report
SEGEMENT REPORT Revenue and EBIT by business segment Q3 Q3 Q1-Q3 Q1-Q3 in EUR mill. Change Change 2015/16 2016/17 2015/16 2016/17 Revenue 157.7 195.3 24% 427.8 525.1 23% Aerostructures 72.6 93.8 29% 202.1 240.4 19% Engines & Nacelles 28.8 38.3 33% 83.3 107.0 28% Interiors 56.3 63.1 12% 142.4 177.7 2
Slide 10: Balance Sheet
BALANCE SHEET EUR mill. Feb. 28, 2014 Feb. 28, 2015 Feb 29, 2016 Nov. 30, 2016 Non-current assets 274.6 335.0 365.7 365.1 ASSETS Current assets 294.7 383.3 333.5 370.6 Total assets 569.3 718.3 699.2 735.7 Equity (incl. non-controlling 224.8 314.9 304.4 314.5 interest) EQUITY & Non-current liabilitie
Slide 11: Capital expenditures
Capital expenditures Consequent control of investments however in line with the progress of the business growth EUR mill. Page 11
Slide 12: Outlook
Outlook Focus on Profitability • Strong organic growth due to rate increase on major aircraft programs A350 XWB, A320, Boeing 787 9. • Start of serial deliveries for new programs like Bombardier C-Series Wing to Body Fairings , New A320 Interior, Embraer E2 wing components • Improvements in efficien
Slide 13: IR-Information
IR-Information Share Information IR Contact ISIN AT00000FACC2 Manuel Taverne Official Market Vienna Stock Exchange / prime-market Director Investor Relations Ticker Symbol FACC Reuters FACC.VI Phone: +43/59/616-2819 Bloomberg FACC AV Mobile: +43/664/80119 2819 Shares Outstanding 45,790,000 e-mail: m