Slide 1: Investor Update 2017
Investor Update 2017 . Investor . . presentation, . . . . October . . . 27,. 2017 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dr. Norbert Klapper, Group CEO . Joris . Gröflin, . .Group. CFO. . . . . . . . . . . . . . . . . . . .
Slide 2: Rieter Group – Key Messages
Rieter Group – Key Messages Order intake up on previous year Third quarter with order growth in all business groups Rieter confirms outlook for the financial year 2017: Sales of around 980 million CHF, EBIT margin (before restructuring charges) between 4.5% to 5.5% expected Investor Update 2017, Oct
Slide 3: Agenda
Agenda 1. Market trends and order intake 2017 Dr. Norbert Klapper/ Joris Gröflin 2. Strategic focus Dr. Norbert Klapper 3. Outlook 2017 Dr. Norbert Klapper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investor Update 2017, October 27, 2017 3
Slide 4: Orders by Business Group ‒ Nine Months
Orders by Business Group ‒ Nine Months Orders received grown by 6% compared to previous year Million CHF +6% • Positive development of order intake in all business groups 800 765 718 • +6% vs. previous year, +7% in local currencies, +4% w/o 700 acquisitions • Market success in several Asian countrie
Slide 5: Rieter Group – Orders Received in Q3
Rieter Group – Orders Received in Q3 Growth in Q3 driven by all Business Groups Million CHF Orders Q3 2017 Q3 Q3 received (Q3 2016) 2017 vs. 2016 • Strong order intake from several Asian countries Machines & 164. 9 • China and India with restrained demand +30.7 Systems (134.2) • Increasing demand fr
Slide 6: Agenda
Agenda 1. Market trends and order intake 2017 Dr. Norbert Klapper/ Joris Gröflin 2. Strategic focus Dr. Norbert Klapper 3. Outlook 2017 Dr. Norbert Klapper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investor Update 2017, October 27, 2017 6
Slide 7: Strategic Focus
Strategic Focus Rieter is the world's leading supplier of short staple spinning systems offering the full range of machines, parts and components Creating customer value through • system expertise • innovative solutions • after sales excellence • global presence Generating profitable growth and valu
Slide 8: Update on Strategic Milestones
Update on Strategic Milestones Significant milestones realized in third quarter of 2017 Acquisition of SSM Restructuring of Ingolstadt Redesign of Winterthur location • Integration on track • Focusing on the development • Concentration on 30 000 m2 of machines (of 100 000 m2) • Innovation and techno
Slide 9: Strategic Focus – Mid-Term Targets
Strategic Focus – Mid-Term Targets Sales Sales growth above market EBIT margin1) ~10% RONA2) ~14% Target pay-out ratio of at least Dividend policy 40% of net profits 1) At sales of ~1.3 CHF bn 2) RONA is calculated as net result before interest costs and write-off of financial assets divided by net
Slide 10: Agenda
Agenda 1. Market trends and order intake 2017 Dr. Norbert Klapper/ Joris Gröflin 2. Strategic focus Dr. Norbert Klapper 3. Outlook 2017 Dr. Norbert Klapper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investor Update 2017, October 27, 2017 10
Slide 11: Outlook 2017
Outlook 2017 • As communicated in July, in 2017 Rieter expects slightly higher sales than in the previous year and an EBIT slightly below the prior year level (before restructuring charges), due to the product and country mix. For the whole of 2017, Rieter anticipates sales in the region of CHF 980
Slide 12: Financial Calendar
Financial Calendar Publication of sales 2017: January 31, 2018 Deadline for proposals regarding the agenda of the Annual General Meeting: February 22, 2018 Results press conference 2018: March 13, 2018 Annual General Meeting 2018: April 5, 2018 Semi-annual report 2018: July 19, 2018 Investor Update
Slide 13: Disclaimer
Disclaimer Rieter is making great efforts to include accurate and up-to-date information in this document, however we make no representations or warranties, expressed or implied, as to the accuracy or completeness of the information provided in this document and we disclaim any liability whatsoever
Slide 14: Appendix
Appendix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investor Update 2017, October 27, 2017 14
Slide 15: Values and Principles
Values and Principles Investor Update 2017, October 27, 2017 15
Slide 16: Order Intake per Business Group
Order Intake per Business Group CHF million Jan. – Sept. Jan. – Sept. Difference Difference Difference 2017 2016 in without local currency acquisitions Rieter 765.0 718.4 6% 7% 4% Machines & Systems 490.1 477.6 3% 3% 3% After Sales 115.8 103.3 12% 12% 12% Components 159.1 137.5 16% 15% 1% Investor U
Slide 17: Rieter – Financial Key Figures
Rieter – Financial Key Figures EBITDA margin at 8.4% of sales • Cumulated Q3 2017 order Million CHF HY1 2017 HY2 2016 HY1 2016 FY 2016 intake at 765.0 million CHF (Q3 2016: 718.4 million CHF) Order Intake 495.2 394.5 510.7 905.2 Sales 415.2 508.1 436.9 945.0 EBITDA 34.8 61.4 34.4 95.8 EBITDA margin