Kontron Ag · XETR:KTN
Kontron — Q2 2016 Earnings Presentation
11 slides from Kontron's earnings presentation, Jul 26, 2016
Slide 1: Kontron Results Presentation Q2/2016
KONTRON RESULTS PRESENTATION Q2/2016 July 26, 2016 1
Slide 2: Results Presentation Agenda
KONTRON RESULTS PRESENTATION 01 02 03 FINANCIAL OVERVIEW DEVELOPMENT OF KEY PROFIT & LOSS Q2/2016 FINANCIALS FOR STATEMENT GLOBAL BUSINESS UNITS 04 05 06 07 CASH FLOW REVENUE AND COST OPERATIONAL UPDATE FISCAL YEAR 2016 STATEMENT MEASURES // 2
Slide 3: Financial Overview
01 FINANCIAL OVERVIEW Q2/2016 Q2/2015 In € m and % / rounded figures / *excl. impairment, OTEs, restructuring costs / *2 OPEX includes fixed asset impairment, One timer Q2/2016 Revenue Gross Margin (rep.) Gross Profit (rep.) 108.5 -17.6 24.9% 27.0 -10.1 (-16.2%) -6.3PPT (-37.5%) 90.9 18.6% 16.9 OPEX
Slide 4: Development of Key Financials for Global Business Units
02 DEVELOPMENT OF KEY FINANCIALS FOR GLOBAL BUS Q2/2016 In € m and % / rounded figures Order Intake Q2/2016 Q2/2015 Δ Industrial 47.9 51.5 -7.5 % Communication 20.8 20.3 2,0% Avionics/ Transportation/ 35.9 28.3 26,9 % Defense Total 104.6 100.1 4,5 % Revenues Q2/2016 Q2/2015 Δ Industrial 45.9 53.4 -1
Slide 5: Profit & Loss Statement
03 PROFIT & LOSS STATEMENT Q2/2016 In € m and % / rounded figures Q2/2016 Q2/2015 Δ Order Intake 104.6 100.1 4.5 % Order Backlog 270.2 322.5 -16.2 % Revenues 90.9 108.5 -16.2 % Gross Margin 16.9 27.0 -37.4 % in % 18.6 % 24.9 % -6.3 ppt OPEX 37.1 28.1 +32.0 % EBIT (adjusted) -10.0 -1.8 -8.2 in % -11.
Slide 6: Cash Flow Statement
04 CASH FLOW STATEMENT Q2/2016 In € m Q2/2016 Q2/2015 Cash Flow from operating activities -8.8 -9.3 Cash Flow from investing activities -4.8 -9.0 Net Cash (Net Debt) 9.4 (-31.6) 6
Slide 7: Revenue and Cost Measures
05 REVENUE AND COST MEASURES Q2/2016 REVENUE: Intensified sales for Standard Products and Services Optimization of resource allocation to customer projects Continued software/IoT business development (as already announced) COST: Immediate cost avoidance and cost savings measures already in implement
Slide 8: Operational Update
06 OPERATIONAL UPDATE Q2/2016 STATUS QUO: STRATEGIC PARTNERSHIP WITH ENNOCONN / VOLUME TRANSFER Production volume transfer is ongoing Kontron expects the transfer to be completed in 2017 as planned Positive net effect as of 2017 Ongoing discussion with Ennoconn/Foxconn regarding incremental business
Slide 9: Fiscal Year 2016
07 FISCAL YEAR 2016 The guidance for 2016 was withdrawn on July 15, 2016 No quantitative guidance for the rest of the year Revenues in H2 are expected to be similar like in H1 Adjusted EBIT and gross margin are expected at the same level as H1 Possibilities start here // 9
Slide 10: Disclaimer
DISCLAIMER This document contains certain statements that related to future business and financial performance and future events or developments in relation to Kontron AG that may constitute forward-looking statements and expectations. Such statements are based on the current expectations and certai
Slide 11: Thank You for Your Attention
THANK YOU FOR YOUR ATTENTION www.kontron.com // 11