Bystronic Ag · SIX:BYS

Bystronic — Conzzeta — Investor Presentation (2018)

31 slides from Bystronic's investor presentation, 2018

  1. Slide 1: Investor Presentation 2nd half 2018

    Investor Presentation 2nd half 2018

  2. Slide 2: Disclaimer

    Disclaimer 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

  3. Slide 3: Content

    Content Group overview & priorities 1 HY 2018 financial result & outlook 2018 Segment updates Sheet Metal Processing: Bystronic Sporting Goods: Mammut Sports Group Chemical Specialties: FoamPartner and Schmid Rhyner Glass Processing: Bystronic glass Board of directors, management & investor contact

  4. Slide 4: Conzzeta portfolio overview – striving for leading positions in attractive target markets

    Conzzeta portfolio overview – striving for leading positions in attractive target markets Glass Processing >5’000 people Sheet Metal Processing Net revenue Solutions for architectural & CHF 1’482.8 m Cutting, bending, automatization – automotive flat glass processing innovative machinery constructio

  5. Slide 5: Differentiated business steering with focus on market orientation and value creation

    Differentiated business steering with focus on market orientation and value creation Swiss mid cap industrial portfolio with entrepreneurial anchor shareholders operating in attractive global markets with focus on value creation and dividend Financial aspiration Net sales growth >5% EBIT margin 8-10

  6. Slide 6: Consistent strategy execution with enhanced revenue contribution from defined growth segments

    Consistent strategy execution with enhanced revenue contribution from defined growth segments 2015 2017 18% revenue split 50% ~24% revenue split ~54% by segment pro forma1) YE 2015 YE 2016 YE 2017 YE 2018 Sheet Metal Chemical Sporting Glass Grow Grow Build Improve Processing Specialties Goods Proces

  7. Slide 7: Internationalization & Market Orientation

    Internationalization & Market Orientation – net revenue in Asia +95.5% vs YE 2015 Conzzeta Net revenue by region in CHF m Innovative portfolio of products & solutions – Group +31.7% strengthening footprint 1'482.8 in growth regions 1'210.1 428.8 1'126.1 222.4 293.5 Group Priorities 264.4 1. Internat

  8. Slide 8: People Development & Business Excellence

    People Development & Business Excellence – enhanced strategic and operational capabilities  Group-wide Talent Development Program  Launched 2017; by now, 33 participants delivered 18 specific projects with measurable contribution and benefits under “rapid results approach”  Introduction of Global

  9. Slide 9: Content

    Content Group overview & priorities 1 HY 2018 financial result & outlook 2018 Segment updates Sheet Metal Processing: Bystronic Sporting Goods: Mammut Sports Group Chemical Specialties: FoamPartner and Schmid Rhyner Glass Processing: Bystronic glass Board of directors, management & investor contact

  10. Slide 10: Conzzeta results summary 1HY 2018

    Conzzeta results summary 1HY 2018 Overall strong business trend  Especially strong across segments at the beginning of the year Net revenue CHF 853.3 m, +36.8%; comparable1) +19.7%  Double-digit growth across all regions and segments, with benefits from M&A Operating result (EBIT) CHF 66.3 m, + 72

  11. Slide 11: 1HY 2018 key figures

    1HY 2018 key figures (in CHF m) 1HY18 1HY17 ∆ Net revenue 853.3 623.5 +36.8%  Group KPI’s with notable improvements Operating result (EBIT) 66.3 38.3 +72.9% EBIT margin 7.6% 5.8% +180 bps  Strong internal and external topline growth; Net revenue Group result 51.1 30.0 +70.3% comparable +19.7% Earn

  12. Slide 12: Outlook for 2018

    Outlook for 2018  Consistent strategy execution with long-term perspective  Group priorities remain unchanged 1. Market orientation 2. Business excellence 3. People development 4. Internationalization  Improvements of operating results in Chemical Specialties, Sporting Goods and Glass Processing

  13. Slide 13: Content

    Content Group overview & priorities 1 HY 2018 financial result & outlook 2018 Segment updates Sheet Metal Processing: Bystronic Sporting Goods: Mammut Sports Group Chemical Specialties: FoamPartner and Schmid Rhyner Glass Processing: Bystronic glass Board of directors, management & investor contact

  14. Slide 14: Sheet Metal Processing with continued momentum

    Sheet Metal Processing with continued momentum CHF m 1HY18 1HY17 ∆ Operational performance  First-time consolidation of TTM Laser; Net revenue 477.3 364.9 +30.8% comparable net revenue +25.7% Operating  Continued double-digit growth rates 62.6 39.9 +57.0% result (EBIT) across regions  Significant

  15. Slide 15: Sheet Metal Processing business profile

    Sheet Metal Processing business profile Net revenue by region1) Net revenue trend (CHF m) 1000 CAGR 22.7% 800 32% Europe Organic growth 600 across regions; 48% Americas 400 acquisitive Asia / Pacific 200 mainly in Asia 20% 0 2015 2017 Net revenue by business segment1) Market and position  Technolog

  16. Slide 16: Ongoing investments to realize opportunities from fundamental market trends

    Ongoing investments to realize opportunities from fundamental market trends Aspiration Segmentation Markets Deliver targeted client offerings Top line Europe with an holistic life-cycle management Performance line Americas Drive innovation, also to be the trusted Entry line Asia partner for integrat

  17. Slide 17: Sporting Goods with improved performance

    Sporting Goods with improved performance CHF m 1HY18 1HY17 ∆ Operational performance  Comparable net revenue +14.2% Net revenue 111.1 94.9 +17.0%  Double-digit growth in Europe and Asia Operating driven by successful product launches -6.4 -9.9 +35.2% result (EBIT) and dynamic direct to consumer bu

  18. Slide 18: Sporting Goods business profile

    Sporting Goods business profile Net revenue by region1) Net revenue trend; CHF m, FY 250 CAGR -1.4% 200 22% 47.9% 51.4% Europe 150 Reduced footprint Americas 100 exposure in DACH 9% Asia / Pacific 50 52.1% 48.6% region 69% 0 2015 2017 DACH Other Markets Net revenue by product category1) Market and p

  19. Slide 19: Strategy program overview – building retail capabilities & wholesale excellence

    Strategy program overview – building retail capabilities & wholesale excellence as response to competitive pressure and change in client behavior Multichannel Management & Digitalization  Deepening relationships with selected wholesale partners I  Strengthening and enhancing direct to consumer bus

  20. Slide 20: Chemical Specialties with continued margin pressure from raw material costs

    Chemical Specialties with continued margin pressure from raw material costs CHF m 1HY18 1HY17 ∆ Operational performance  Comparable net revenue +3.8% Net revenue 202.8 114.2 +77.6%  Integration Otto Bock Kunststoff on Operating track; consolidated as of Sep 1, 2017 9.2 9.9 -7.4% result (EBIT)  Gr

  21. Slide 21: Chemical Specialties business profile

    Chemical Specialties business profile Net revenue by business unit1) Net revenue trend; CHF m, FY 300 CAGR 17.0% 14% 200 Growth across FoamPartner 279.2 regions driven Schmid Rhyner 100 203.8 through FP acquisitions 0 86% 2015 2017 FoamPartner Net revenue by region1)  Leader in specialty polyuretha

  22. Slide 22: Chemical Specialties – opportunities within FoamPartner business unit after 2017 M&A

    Chemical Specialties – opportunities within FoamPartner business unit after 2017 M&A transactions FoamPartner Otto Bock Kunststoff Mobility 14% Technical Foam FP-Mobility 13% Net 48% FP-Specialities Sales1) FP-Living & Care SR-Coatings 25% PU Systems & Specialties 1) 2017 pro forma Net revenue split

  23. Slide 23: Deep dive: FoamPartner raw material situation

    Deep dive: FoamPartner raw material situation FoamPartner raw material price index (weighted basket of Esther and Ether Polyols, TDI, MDI)  High raw material prices persisted throughout 1HY 2018, with some +12.8% easing towards mid-year 150 +29.2%  FP average weighted RM price index 145.3 +12.8% i

  24. Slide 24: Glass Processing with continued good momentum in HY

    Glass Processing with continued good momentum in 1 HY CHF m 1HY18 1HY17 ∆ Operational performance Net revenue 62.4 49.7 25.6%  Comparable net revenue +22.7%  Good momentum from 2HY 2017 carried Operating into 1HY 2018, benefitting from large client 2.9 1.8 +63.3% result (EBIT) projects completed i

  25. Slide 25: Glass Processing – business profile

    Glass Processing – business profile Net revenue by region1) Net revenue trend; CHF m, FY 150 100 Growth in 34% 43% Asia offset by 50 118.7 119.3 decline in Europe Americas Americas Asia / Pacific 0 23% 2015 2017 Net revenue by business segment1) Market and position  Solutions and services for the p

  26. Slide 26: Bystronic glass adjusting organization to better meet client demand

    Bystronic glass adjusting organization to better meet client demand Market drivers and market structure Value proposition  Increasing requirements in regard to  Focus on customers productivity in energy efficiency and noise reduction the processing of flat glass through  Stable growth trend in ar

  27. Slide 27: Content

    Content Group overview & priorities 1 HY 2018 financial result & outlook 2018 Segment updates Sheet Metal Processing: Bystronic Sporting Goods: Mammut Sports Group Chemical Specialties: FoamPartner and Schmid Rhyner Glass Processing: Bystronic glass Board of directors, management & investor contact

  28. Slide 28: Conzzeta Board of Directors

    Conzzeta Board of Directors Ernst Bärtschi Werner Dubach Dr. Roland Abt Philip Mosimann Lic. oec. HSG, born 1952 Dipl. Ing. Chem. ETH, MBA Dr. oec. HSG, born 1957 Dipl. Ing. ETH, born 1954 Chairman of the BoD born 1943 Member of the BoD Member of the BoD since 2014 Member of the BoD since 2014 since

  29. Slide 29: Conzzeta Executive Committee

    Conzzeta Executive Committee Michael Willome Kaspar W. Kelterborn Barbara Senn Alex Waser Lic. oec. HSG, born 1966 Lic. oec. HSG, born 1964 Attorney at Law, LL.M. Automobile Engineer HTL, Group CEO Group CFO born 1967 MBA, born 1967 since 2016 since 2006 General Counsel since Head of the Sheet Metal

  30. Slide 30: Financial calendar & contact

    Financial calendar & contact Financial calendar 2018 September 26 Investora Conference Zurich October 16 9M Trading Update October 16/17 Roadshow with Credit Suisse London October 18 Roadshow with Credit Suisse Paris October 22 Roadshow with Mainfirst Frankfurt November 15 Credit Suisse Swiss Mid Ca

  31. Slide 31: Conzzeta AG

    Conzzeta AG Giesshuebelstrasse 45 CH-8045 Zurich www.conzzeta.com Phone +41 44 468 24 44 investor@conzzeta.com Seite Seite 31 31 Investor Presentation, 2nd Konzernleitungs-Sitzung half9.2018 vom November 2011 - Robert Suter

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