Slide 1: Tecnotree Corporation Financial Report 2014
Tecnotree Corporation Financial Report 2014 30th January, 2015
Slide 2: Tecnotree Group in Brief
Tecnotree Group in Brief Highlights for Q4 & 1-12/2014 (comparisons to Q4 & 1-12/2013) Q4 2014 • Net sales for Q4/2014 were 24.2 M€ (20.0 M€) *) • Orders received were 23.9 M€ (17.1 M€) **) • Order backlog was 38.9 M€ (45.0 M€) • EBIT 4.7 M€ (3.6 M€) and adjusted EBIT 5.1 M€ (3.6) • Net income 0.5 M
Slide 3: Financial Highlights
Financial Highlights M€ 1-12/2014 1-12/2013 Net sales 74.0 73.9 Adjusted operating result 3.7 3.3 (EBIT before R&D capitalisation & amortisation and one-time costs) EBIT 3.3 1.6 Adjusted net result -6.0 -7.0 Net result -9.3 -2.5 Order intake 81.3*) 64.7 Cash flow after investments -1.8 -4.6 Net cash
Slide 4: Net Sales by Area
Net Sales by Area 44 39 34 29 24 M€ 19 14 9 4 -1 Americas Europe MEA APAC Act 1-12/2013 38,6 4,6 28,6 2,1 Act 1-12/2014 37,8 4,2 29,0 3,0 Change -2,1% -8,7% 1,4% 42,9% Financial Report 2014 30.1.2015 4
Slide 5: Order Book by Sales Area
Order Book by Sales Area 50 45 40 35 30 M€ 25 20 15 10 5 0 Q4/2013 Q4/2014 APAC 2,3 1,6 EUROPE 1,6 1,4 LATAM 20,7 3,8 MEA 20,4 32,1 Total 45,0 38,9 Financial Report 2014 30.1.2015 5
Slide 6: Sales and Orders
Sales and Orders 60 50 40 M€ 30 20 10 0 Q4/2012 Q1/2013 Q2/2013 Q3/2013 Q4/2013 Q1/2014 Q2/2014 Q3/2014 Q4/2014 Tecnotree sales 22,4 13,9 22,5 17,5 20,0 14,4 11,7 23,7 24,2 OBL 54,2 55,3 53,3 48,0 45,0 49,1 46,7 52,7 38,9 Order intake 17,4 15,1 20,4 12,2 17,1 18,5 9,3 29,7 23,9 *) *) The Q4 2014 ord
Slide 7: Consolidated Income Statement
Consolidated Income Statement M€ 1-12/2014 1-12/2013 Change % Net sales 74.0 73.9 0.1 Other operating income 0.1 0.1 Materials and services -11.9 -10.6 12.1 Employee benefit expenses -33.6 -34.6 -3.1 Depreciation -1.1 -3.5 -69.3 Other operating expenses -24.4 -23.6 3.0 Operating result 3.3 1.6 Finan
Slide 8: Adjusted Income Statement
Adjusted Income Statement M€ 1-12/2014 1-12/2013 Change % Net sales 74.0 73.9 0.1 Other operating income 0.1 0.1 Total revenue 74.1 74.0 0.2 Adjusted operating expenses* -70.4 -70.6 -0.3 Adjusted operating result 3.7 3.3 11.8 - Net impact of R&D capitalisations -1.7 - One-time costs -0.4 Operating R
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet M€ 31.12.2014 31.12.2013 Change % Non-current assets Fixed assets 4.2 4.5 -7.0 Consolidated goodwill 16.6 15.3 9.0 Other non-current assets 2.0 2.3 -9.8 Current assets Inventories 0.5 0.6 -9.3 Trade receivables 15.2 17.5 -13.5 Other receivables 33.8 24.4 38.8 Investments 0
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet M€ 31.12.2014 31.12.2013 Change % Shareholder’s Equity 16.9 21.7 -22.2 Non-current Liabilities Interest-bearing liabilities 20.7 Deferred tax liabilities 3.4 3.0 11.8 Other non-current liabilities 1.2 0.9 29.8 Current Liabilities Interest-bearing liabilities 31.8 11.1 Non-
Slide 11: Prospects for 2015
Prospects for 2015 The company estimates that its operating result will improve from the previous year. Variations in the quarterly figures will be considerable. Financial Report 2014 30.1.2015 11
Slide 12: Thank you
Thank you UECNOU SS Powering the digital marketplace