Oc Oerlikon Corporation Ag · SIX:OERL
Oc Oerlikon — Q1 2022 Earnings Presentation
16 slides from Oc Oerlikon's earnings presentation, May 3, 2022
Slide 1: Q1 2022 Financial Results
Q1 2022 Financial Results 3 May 2022 Page 1
Slide 2: Agenda
Agenda 1 Business Update 2 Q1 Financials 3 Q&A Page 2
Slide 3: Summary Q1
Summary Q1 Q1 with profitable growth leading to +31% higher operational EBITDA Financials 790m (+23%) 698m (+23%) 119m (+31%) 63m (+54%) Order intake Sales Operational EBITDA Operational EBIT ▪ Strong operational execution with significantly higher orders, sales and EBITDA YoY; integration of INglas
Slide 4: End Markets: Strong Demand Partly Offset by Shortages
End Markets: Strong Demand Partly Offset by Shortages Filament Non-Filament General Industrial & Automotive Aviation 33% of 2021 Group sales 19% 5% Tooling 14% 29% environment Growth Growth Growth Return to growth Recovery from Market as shortages fade low levels ▪ Order book filled for 2023; ▪ Flow
Slide 5: Continued Focus on Strategic Priorities
Continued Focus on Strategic Priorities Grow & Improve Drive Sustainability Diversify Profitability Progress ▪ Outgrow markets by focusing on technology ▪ Apply strict cost focus and benefit from operating ▪ Drive environmental and social progress at leadership and sustainable innovation leverage Oe
Slide 6: Driving Sustainability in Own Operations
Driving Sustainability in Own Operations 2030 targets 2021: Progress on-track ▪ Increase the share of relevant operations that are climate neutral on Scope 1 and 2 to 100% ▪ Energy management systems at 19% (baseline 12%) of operational sites, representing ▪ Implement energy management systems at al
Slide 7: Oerlikon Accelerating Sustainability at Customers
Oerlikon Accelerating Sustainability at Customers 100% of R&D in products to cover ESG Helping customers become sustainable and criteria in 2030 efficient Other 1) Coatings extend tool lifetime up to 160x vs. uncoated Waste emissions 28% Water consumption Coatings on aero turbine increase 2021 effic
Slide 8: Financial Overview Q1
Financial Overview Q1 Strong growth in orders, sales and EBITDA Order intake +23.0% FX adj: +25.5% ▪ Order intake +23%, including +8% from M&A 1) Orders ▪ Driven by both Divisions 643 790 Q1’21 Q1’22 Sales +22.9% ▪ Sales +23% including +9% from M&A 1) FX adj.: +25.5% Sales ▪ Sales +40% in Polymer Pr
Slide 9: Surface Solutions With 15% Higher Order Intake
Surface Solutions With 15% Higher Order Intake Markets Orders Sales Operational EBITDA ▪ Markets recovering at different speeds ▪ Higher order intake ▪ Increased +10.4% FX adjusted, ▪ Higher margin driven by positive including +3.6% from Coeurdor operating leverage and cost efficiency ▪ Customers im
Slide 10: Polymer Processing Solutions With Significant Growth
Polymer Processing Solutions With Significant Growth Markets Orders Sales Operational EBITDA ▪ Filament order book filled for 2023 and ▪ Strong order intake, driven by Filament ▪ Increased +40% driven by strong ▪ Increased +78% firmly on-track in 2024; large Filament and Non-Filament demand and soli
Slide 11: Conclusion: Well-Positioned for Profitable & Sustainable Growth
Conclusion: Well-Positioned for Profitable & Sustainable Growth Sales: +12% ▪ Surface Solutions demand driven by sustainability and efficiency 698 624 1 Sales growth ▪ Polymer Processing Solutions demand driven by rising GDP and 529 568 C-19 limited alternative resources; ongoing market extension Q1
Slide 12: cerlikon
cerlikon
Slide 13: Appendix
cerlikon Appendix
Slide 14: Q1 Reconciliation of Profitability Measures
Q1 Reconciliation of Profitability Measures EBITDA to EBIT bridge Group Surface Solutions Polymer Processing Solutions Q1'22 Q1'21 Q1'22 Q1'21 Q1'22 Q1'21 EBITDA 112 88 56 53 58 33 Depreciation -33 -32 -25 -26 -7 -5 Impairments -- -0 -- -0 -- 0 EBITA 79 56 31 27 51 28 Amortization of Acquired Intang
Slide 15: Investor Relations
Investor Relations Stephan Gick Stephan.gick@oerlikon.com +41 58 360 98 50 Peter Dickson Peter.dickson@oerlikon.com +41 58 360 96 39 ir@oerlikon.com www.oerlikon.com/en/investors
Slide 16: Disclaimer
Disclaimer OC Oerlikon Corporation AG, Pfäffikon, (together with its affiliates hereinafter referred to as “Oerlikon”) has made great efforts to include accurate and up-to-date information in this document. However, Oerlikon makes no representation or warranties, expressed or implied, as to the trut