Dksh Holding Ltd · SIX:DKSH
Dksh — H1 2012 Earnings Presentation
15 slides from Dksh's earnings presentation, Aug 8, 2012
Slide 1: Presentation of half-year 2012 results
Presentation of half-year 2012 results Dr. Joerg Wolle President & CEO Bernhard Schmitt Chief Financial Officer August 8, 2012 Zurich © DKSH
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by DKSH Holding Ltd. (the “Company”) and is provided as a convenience to investors. It offers a brief overview of certain aspects of the Company's business and is not to be construed as a solicitation of an offer to buy or sell any securities or other f
Slide 3: Very strong first half 2012 results
Very strong first half 2012 results In CHF millions 1H 12 1H 11 % change Operating profit (EBIT) 126.8 103.1 23.0% Net sales 4,172.2 3,597.9 16.0% Profit after tax 80.7 65.3 23.6% Continued profitable growth in first half of 2012 Page 2 © DKSH
Slide 4: Confirming our track record
Confirming our track record Best half-year result in DKSH history Bottom-line growth again stronger than net sales growth Sales growth of 16% outperforms both Market Expansion Services market growth and GDP growth of emerging markets: Growth of DKSH’s addressable MES market: 8% (CAGR 2010-2015E) 1)
Slide 5: Clear strategy for sustainable, profitable growth
Clear strategy for sustainable, profitable growth Strategy for growth Successful market leader 1) • Organic growth • Bolt-on acquisitions and divestment of non-core 35 Countries businesses ElectCables 180 Distribution centers Clay and Company OLIC 650 Business locations • Strengthen service of
Slide 6: Over proportional EBIT growth
Over proportional EBIT growth Key achievements Comments (in CHF millions) 1H 2012 1H 2011 % • EBIT grows again over proportional to sales Net sales 4,172.2 3,597.9 16.0 Gross profit 653.7 564.8 15.7 • Operating expenses (OPEX) grow below sales growth Gross margin 15.7% 15.7% and are proof of the ope
Slide 7: Strong organic growth
Strong organic growth (CHF m) Net sales growth Comments 4500 • Strong organic sales growth 58 456 60 Mainly driven by increased volumes with existing 4000 4,172 clients (CHF m) Rolling out success stories from country to country 3500 3,598 Successful business development 126.8 3000 • All Asian
Slide 8: Strongly improved profitability
Strongly improved profitability Financials Comments (in CHF millions) 1H 2012 1H 2011 % • Profit after tax increases by 23.6% EBIT 126.8 103.1 23.0 • Higher net financial expenses mainly driven by higher net debt level after payment of special dividend Profit before tax 118.4 102.5 15.5 in May 2011
Slide 9: Business Unit Consumer Goods
Business Unit Consumer Goods Financials Comments (in CHF millions) 1H 2012 1H 2011 % • EBIT grew 7.9%, mainly driven by organic growth of existing and new clients Net sales 1,848.6 1,606.1 15.1 • EBIT and margin reflect the impact of the seasonality EBIT 71.3 66.1 7.9 of Luxury & Lifestyle segment:
Slide 10: Business Unit Healthcare
Business Unit Healthcare Financials Comments (in CHF millions) 1H 2012 1H 2011 % • Strong EBIT growth of 28.3% driven by organic growth of existing and new clients and operational Net sales 1,757.6 1,431.6 22.8 excellence EBIT 42.6 33.2 28.3 • Further increase of EBIT margin to 2.4% margin (%) 2.4 2
Slide 11: Business Unit Performance Materials
Business Unit Performance Materials Financials Comments (in CHF millions) 1H 2012 1H 2011 % • EBIT at previous year’s high level with highly attractive EBIT margin of 8.4% Net sales 369.5 368.0 0.4 • Strong organic growth and business development EBIT 31.2 31.5 (1.0) compensate for large non-recurri
Slide 12: Business Unit Technology
Business Unit Technology Financials Comments (in CHF millions) 1H 2012 1H 2011 % • Strong EBIT growth of 31.3% as a result of enhanced operational excellence and increased Net sales 197.9 193.0 2.5% commission-based full-service business EBIT 10.5 8.0 31.3% • Growing demand for equipment and service
Slide 13: Another record year ahead
Another record year ahead Capitalizing on multiple growth drivers Outlook for full-year 2012 1 Growing middle class in Asia Confirming full-year 2012 guidance: Sales growth at least in line with 2 Increased inner-Asian trade addressable market Double-digit EBIT growth 3 Trend towards outsourcing Con
Slide 14: Q&A
2. DKSH Q&A Think Asia. Think DKSH. Page 13 © DKSH
Slide 15: Thank you for your attention
Thank you for your attention DKSH Holding Ltd. Wiesenstrasse 8, P.O. Box 888, 8034 Zurich, Switzerland Phone +41 44 386 7272 investors@dksh.com, www.dksh.com © DKSH