Kendrion N.v. · EURONEXT:KENDR
Kendrion — Shareholder Meeting (April 2018)
16 slides from Kendrion's shareholder meeting presentation, Apr 9, 2018
Slide 1: General Meeting of Shareholders Kendrion N.V.
10-4-2018 General Meeting of Shareholders Kendrion N.V. Amsterdam, 9 April 2018 1 Agenda 1. Kendrion overview 2. Business review 3. Strategy update 4. Progress towards 2018 targets 2 1
Slide 2: Cautionary Note Regarding Forward Looking Statements
10-4-2018 Cautionary Note Regarding Forward Looking Statements Certain statements contained in this presentation constitute forward-looking statements. These statements may include, without limitation, statements concerning future results of operations, the Company's share of new and existing market
Slide 3: The Kendrion organisation
10-4-2018 The Kendrion organisation 5 Strategy 6 3
Slide 4: Strategy
10-4-2018 Strategy 7 Strategy 8 4
Slide 5: 2. Business review
10-4-2018 Strategic financial targets 9 2. Business review 10 5
Slide 6: Key figures Q4 2017
10-4-2018 Key figures Q4 2017 (x EUR 1 million unless otherw ise stated) Q4 20171 Q4 20162 Difference in % Revenue 109.5 107.9 1% EBITDA 11.1 12.0 -7% EBITA 6.0 6.9 -13% Net profit 3.7 4.6 -19% ROS 5.5% 6.4% 1 Normalised for Q4 2017 non-recurring restructuring costs of EUR 1.4 million (after tax EUR
Slide 7: Industrial
10-4-2018 Industrial Favourable market conditions in main industrial markets enhance growth in Industrial activities, resulting in 7% increase in 2017 revenue to EUR 162.5 million Several successful product launches further contributed to good revenue growth Strong year in IDS with growth of m
Slide 8: Financial results (1/2)
10-4-2018 Financial results (1/2) Revenue of EUR 461.8 million (+4.6%), ROS of 8.0% and 19% increase in EBITA Added value margin at 48%, in line with last year Cumulative one-off costs since start of programme of EUR 10.8 million and annualised savings of EUR 12.0 million, of which a third sti
Slide 9: Dividend
10-4-2018 Dividend Kendrion strives to distribute an annual dividend of between 35% and 50% of the annual net profit Minimum solvency ratio of at least 35% In the light of the strong financial position and business fundamentals, a proposal will be submitted to the shareholders for the payment
Slide 10: 3. Strategy update
10-4-2018 Summary 2017 19 3. Strategy update 20 10
Slide 11: CSR Strategy 2015 - 2017: Taking Responsibility
10-4-2018 CSR Strategy 2015 - 2017: Taking Responsibility Great achievements realised with the CSR programme Taking Responsibility over the past three years Progress made in various areas: Improvement of sustainable business processes Reduction of CO2 emissions and energy consumption: relati
Slide 12: CSR Strategy – 2018 and beyond
10-4-2018 CSR Strategy – 2018 and beyond Development CSR Strategy for 2018 and beyond Integration CSR strategy with Simplify, Focus, Grow strategy Emphasis of CSR 2018 and beyond on long-term value creation through Value Creation Pillars: Natural Capital, Social and Human Capital and Responsib
Slide 13: Focus
10-4-2018 Focus Enlarged production facility in Suzhou, with more than double the size of current production capacity in China, has started production on schedule First phase of expansion for permanent magnet brakes production line in Suzhou to be completed by Q1 2019 Approved additional inves
Slide 14: 4. Progress towards 2018 targets
10-4-2018 4. Progress towards 2018 targets 27 Progress towards revenue expectation EBITA (EUR) and growth (year over year, %) 28 14
Slide 15: Progress towards EBITA target
10-4-2018 Progress towards EBITA target EBITA (EUR) and ROS (%) 29 Q&A 30 15
Slide 16: Kendrion – We magnetise the world
10-4-2018 KENDRION WE MAGNETISE THE WORLD WE MAGNETISE THE WORLD www.kendrion.com 16