Ascom Holding Ag · SIX:ASCN

Ascom — Investor Presentation (September 2010)

35 slides from Ascom's investor presentation, September 2010

  1. Slide 1: The Ascom Group: Mission-Critical Communication

    THE ASCOM GROUP MISSION-CRITICAL COMMUNICATION September 2010 © Ascom Group 1

  2. Slide 2: Table of Contents

    TABLE OF CONTENTS  ABOUT ASCOM  HIGHLIGHTS FROM THE DIVISIONS  FINANCIAL RESULTS H1 2010  LOOKING FORWARD September 2010 © Ascom Group 2

  3. Slide 3: About Ascom

    ABOUT ASCOM September 2010 © Ascom Group 3

  4. Slide 4: The Ascom Group

    [ ASCOM GROUP ] THE ASCOM GROUP  Ascom A has h a workforce kf off some 2’300 employees worldwide  Ascom has subsidiaries in 20 countries  Yearly sales of approx. CHF 580 million  2010 Guidance: EBITDA margin of 11-12%  Ascom registered shares (ASCN) are listed on the SWX Swiss Exchange in Zuric

  5. Slide 5: Ascom – Global Presence

    [ ASCOM GROUP ] ASCOM – GLOBAL PRESENCE Göteborg Dübendorf Bern Reston September 2010 © Ascom Group 5

  6. Slide 6: The Ascom Group Structure as of 1 January 2010

    [ ASCOM GROUP ] THE ASCOM GROUP STRUCTURE AS OF 1 JANUARY 2010 ASCOM GROUP Wireless Solutions Network Testing Security Communication September 2010 © Ascom Group 6

  7. Slide 7: About Ascom

    [ ASCOM GROUP ] ABOUT ASCOM Ascom iis a b A business-to-business i t b i provider id off customized t i d communication i ti solutions in niche markets. The company y focuses on Mission-Critical Communication in the following g core areas: Wireless Solutions Network Testing Security Communication Th

  8. Slide 8: Management Team as of 1 January 2010

    [ ASCOM GROUP ] MANAGEMENT TEAM AS OF 1 JANUARY 2010 BOARD OF DIRECTORS CEO Riet Cadonau* CFO/Investor Relations General Counsel Patrick Grawehr General Secretary/Comm. Daniel Lack v Martin Zwyssig* Human Resources Kurt Renggli Wireless Solutions Network Testing Security Communication & Deputy CEO F

  9. Slide 9: Highlights from the Divisions

    HIGHLIGHTS FROM THE DIVISIONS September 2010 © Ascom Group 9

  10. Slide 10: Wireless Solutions: When Every Second Counts

    WIRELESS SOLUTIONS WHEN EVERY SECOND COUNTS September 2010 © Ascom Group 10

  11. Slide 11: Wireless Solutions Division (On-Site Communication)

    [ WIRELESS SOLUTIONS ] WIRELESS SOLUTIONS DIVISION (ON-SITE COMMUNICATION)  Hospitals and elderly care (about 50% of Wireless Solutions business) via our direct and indirect channels Core segments  Industry, hotels, retail, secure establishments (e.g. prisons) via our direct & indirect channels 

  12. Slide 12: Wireless Solutions Offering (I)

    [ WIRELESS SOLUTIONS ] WIRELESS SOLUTIONS OFFERING (I) WORK PLACE TELEPHONY DECT IP-DECT VoWiFi 3% of 2009 sales 22% of 2009 sales 6% of 2009 sales 3% of 2009 sales Sources: Ascom Business Intelligence (2010) NOTE: Services 27% of 2009 sales, Other 8% of 2009 sales MZA (2010) September 2010 © Ascom

  13. Slide 13: Wireless Solutions Offering (II)

    [ WIRELESS SOLUTIONS ] WIRELESS SOLUTIONS OFFERING (II) PROFESSIONAL PAGING NURSE CALL MESSAGING 15% of 2009 sales 11% of 2009 sales 8% of 2009 sales Sources: Ascom Business Intelligence (2010) NOTE: Services 27% of 2009 sales, Other 8% of 2009 sales MZA (2010) September 2010 © Ascom Group 13

  14. Slide 14: Wireless Solutions – Focus Items 2010

    [ WIRELESS SOLUTIONS ] WIRELESS SOLUTIONS – FOCUS ITEMS 2010 1 FURTHER STRENGTHEN OUR MARKET POSITION  Leverage our investments made in R&D and Sales Channels  R&D: Further enhancement of product portfolio  Sales Channels: improve p market ppenetration byy adding g new channel p partners  System

  15. Slide 15: Network Testing: Evolving Networks. Trusted Solutions.

    NETWORK TESTING EVOLVING NETWORKS. TRUSTED SOLUTIONS. September 2010 © Ascom Group 15

  16. Slide 16: Network Testing Division (Testing & Optimization)

    [ NETWORK TESTING ] NETWORK TESTING DIVISION (TESTING & OPTIMIZATION)  Telecom operators  Telecom infrastructure vendors Core segments  Telecom professional service providers  Telecom regulatory agencies and other government entities  Telecom T l content t t providers id Radio air interface net

  17. Slide 17: Network Testing Offering

    [ NETWORK TESTING ] NETWORK TESTING OFFERING BENCHMARKING & TEST & MEASUREMENT REPORTING & ANA ANALYSIS YSIS MONITORING 62% of 2009 sales 33% of 2009 sales 5% of 2009 sales Sources: Ascom Business Intelligence (2010) September 2010 © Ascom Group 17

  18. Slide 18: Network Testing – Focus Items 2010

    [ NETWORK TESTING ] NETWORK TESTING – FOCUS ITEMS 2010 LTE ROLLOUT 1  Network operators are planning to introduce the new LTE mobile network standard due to the increasing demand of mobile broadband services  Expansion E i off LTE supportt accross whole h l NT product d t portfolio. tf li Si Signi

  19. Slide 19: Security Communication

    SECURITY COMMUNICATION SERVING OUR CUSTOMERS EVERYWHERE, AT ANY TIME September 2010 © Ascom Group 19

  20. Slide 20: Security Communication Division (Secure Communication)

    [ SECURITY COMMUNICATION ] SECURITY COMMUNICATION DIVISION (SECURE COMMUNICATION)  Defense Core segments  Public safety organizations  Infrastructure operators  Secure communication for the army and police forces Product/Service  Emergency call and information systems for infrastructure provide

  21. Slide 21: Security Communication Offering (I)

    [ SECURITY COMMUNICATION ] SECURITY COMMUNICATION OFFERING (I) DEFENSE COMMUNICATION CH: SYSTEM INTEGRATION INTERNATIONAL: PRODUCTS Access Node Offering Tactical Access Node T  General contractor  System engineering  System integrator  Customisation  Production under licence agreement  Testing

  22. Slide 22: Security Communication Offering (II)

    [ SECURITY COMMUNICATION ] SECURITY COMMUNICATION OFFERING (II) INFRASTRUCTURE OPERATOR PUB IC SAFETY PUBLIC ROAD RAIL ALARMING / MOBILISATION Convergent Convergent g communication communication for for Highway operators Railway operators Emergency- /Info Call Stations Trackside- September 2010 © As

  23. Slide 23: Security Communication – Focus Items 2010

    [ SECURITY COMMUNICATION ] SECURITY COMMUNICATION – FOCUS ITEMS 2010 INTERNATIONALIZATION 1  Continue to develop new markets via indirect channel (defense and civil sectors)  Maintain leading position in home market EFFICIENCY 2  On time deliveryy of large g pprojects j according g to business p

  24. Slide 24: Financial Results H1 2010

    FINANCIAL RESULTS H1 2010 September 2010 © Ascom Group 24

  25. Slide 25: Consolidated Income Statement

    [ H1 2010 FINANCIAL RESULTS ] CONSOLIDATED INCOME STATEMENT CHF CHFm 1stt half-year 2010 1stt half-year 2009 Revenue 281.2 235.2 Gross profit 131.8 92.2 Gross margin 46.9% 39.2% Marketing and distribution (57.2) (48.2) Research and development (26.6) (18.3) Administration (23.3) (18.0) Total functio

  26. Slide 26: Consolidated Balance Sheet

    [ H1 2010 FINANCIAL RESULTS ] CONSOLIDATED BALANCE SHEET 30 6 2010 30.6.2010 31 12 2009 31.12.2009 CHFm % % Non-current assets 269.4 46.4 280.4 46.0 Current assets 311.2 53.6 328.8 54.0 Total assets 580.6 609.2 Shareholders’ equity 182.5 31.4 179.3 29.4 Non-current liabilities 106.4 18.3 130.7 21.5

  27. Slide 27: Consolidated Statement of Cash Flows

    [ H1 2010 FINANCIAL RESULTS ] CONSOLIDATED STATEMENT OF CASH FLOWS CHFm 1st half-year 2010 1st half-year 2009 Net cash flow from operating activities 21.7 16.8 Net cash flow from investing activities (6.7) (187.0) Net cash flow from financing activities (27.7) 119.9 Net increase/(decrease) in cash a

  28. Slide 28: Development of the EBIT Margin (1987-H1/2010)

    [ H1 2010 FINANCIAL RESULTS ] DEVELOPMENT OF THE EBIT MARGIN (1987- H1/2010) 10% 1.9%* 8% 8.5% 6% 4% 2% 0% -2% -4% -6% 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 H1/2010 * Amortization of intangible assets September 2010 © Ascom Group

  29. Slide 29: Looking Forward

    LOOKING FORWARD September 2010 © Ascom Group 29

  30. Slide 30: Focus Items 2010

    [ LOOKING FORWARD ] FOCUS ITEMS 2010  Operational performance = first priority  And:  Wireless Solutions: Leverage sales channels  Network Testing: Accomplishment of integration  Security Communication: Proof of concept of internationalization strategy  Ascom’s targets are:  to win market sha

  31. Slide 31: Outlook 2010

    [ LOOKING FORWARD ] OUTLOOK 2010  Organic growth on Group level compared to prior-year* prior year*  Guidance increased > New target for 2010 on Group level:* EBITDA margin: 11-12%  The company intends to pay an annual dividend starting from 2011, provided a well ongoing course of business *provi

  32. Slide 32: Media & Investor Relations

    MEDIA & INVESTOR RELATIONS Media Relations Investor Relations Daniel Lack Martin Zwyssig General Secretary & Director Chief Financial Officer Group Communications T +41 44 823 13 30 T +41 44 823 13 50 F +41 44 823 13 33 F +41 44 823 13 21 daniel.lack@ascom.com martin.zwyssig@ascom.com September 2010

  33. Slide 33: Group Contact

    GROUP CONTACT Ascom Holding AG Stettbachstrasse 6 CH-8600 Dübendorf T +41 41 31 999 11 11 F +41 31 999 23 00 ask-ascom@ascom.com www.ascom.com September 2010 © Ascom Group 33

  34. Slide 34: Legal Disclaimer

    LEGAL DISCLAIMER This document contains specific forward-looking statements statements, e.g. e g statements including terms like “believe”, “expect” or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a s

  35. Slide 35: Thank You!

    THANK YOU! September 2010 © Ascom Group 35

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