Heidelberger Druckmaschinen Ag · XETR:HDD

Heidelberger Druckmaschinen — Q1 FY2021/22 Earnings Presentation

14 slides from Heidelberger Druckmaschinen's earnings presentation, Aug 4, 2021

1. Slide 1: Perspectives

   Perspectives Heidelberger Druckmaschinen AG - First Quarter Results FY 2021/2022 Rainer Hundsdörfer, CEO | Marcus A. Wassenberg, CFO | Wiesloch, August 4 th, 2021 PERSPECTIVES

2. Slide 2: Heidelberg is back ― as promised.

   Heidelberg is back ― as promised. Successful first quarter completed. Broad market recovery due to Strong quarter with premiere of new increasing willingness to invest machine and successful trade show in China fills order backlog Transformation streamlines structures E-mobility continues to record

3. Slide 3: Upward trend continues.

   Upward trend continues. Incoming orders exceed expectations. FY 19/20 FY 20/21 • Order intake in Q1 marked by 648 636 652 broad market recovery 615 557 579 518 462 • Successful trade show in China 346 already increases incoming orders • Germany records particularly strong recovery Q1 Q2 Q3 Q4 Q1 Q2

4. Slide 4: Strategy update.

   Strategy update. Positive development of our growth areas in the first quarter. Strong growth in Packaging, especially in the Chinese market, in the first quarter E-mobility sales tripled in the first quarter compared to the previous year Around 14% of quarterly sales comes from recurring contract b

5. Slide 5: Q1 FY 21/22.

   Q1 FY 21/22. Strong order book, increasing sales & positive free cash flow. Order backlog Sales EBITDA* 840 441 40 605 330 15 #1 3m FY 21 3m FY 22 #2 3m FY 21 3m FY 22 #3 3m FY 21 3m FY 22 Result after taxes Free cash flow Financial liabilities 29 271 5 214 -14 -63 #4 3m FY 21 3m FY 22 #5 3m FY 21 3

6. Slide 6: Operating profitability improved.

   Operating profitability improved. Substantial effects from transformation and sales recovery. €m // EBITDA // Essential factors 40 40Q1 FY 20/21 35 (1) (1) - Lower compensation from short-time work (approx. € 35m) 73 (2) (2) - Reorganisation of the pension scheme (approx. € 73m) 30 (3) (3) + Savings

7. Slide 7: Balance sheet.

   Balance sheet. NWC significantly optimized – financial liabilities reduced. > Assets FY 2021 FY 2021 FY 2022 > Equity and liabilities FY 2021 FY 2021 FY 2022 30-06-2020 31-03-2021 30-06-2021 30-06-2020 31-03-2021 30-06-2021 Fi gures i n mEUR Fi gures i n mEUR 1 3 Fixed assets 943 902 874 Equity 157

8. Slide 8: Financing framework.

   Financing framework. Significant reduction in net financial debt. // Essential factors: Financial framework // Maturity profile as of 30 June 2021 • Net financial debt further reduced to €m 398 €41m and at historically low level. 38( 10%) • Repayment of financial liabilities, 289 2 also through cash

9. Slide 9: New segmentation makes potentials more transparent.

   New segmentation makes potentials more transparent. Equal recovery in core business ― new business areas growing. Customer Segment Print Solutions Packaging Solutions Technology Solutions Printed Customer Zaikio** Folding Electronics Commercial Digital Label Category Carton E-Mobility 3m FY 21 3m FY

10. Slide 10: Solid basis after three months.

    Solid basis after three months. Outlook for the current FY 2021/22. • Noticeable recovery of the 26% of the lifecycle turnover 20% market share markets – challenges remain Sales > € 2 billion for private charging • Strategic initiatives secure systems in Germany growth • Increasing quality of operat

11. Slide 11: Perspectives.

    Perspectives. Creating added value for customers, shareholders and employees. Broad market recovery noticeable Consistent implementation of the in incoming orders. transformation sustainably reduces structural costs. Focus on cash management Operating profitability already to generate substantial ca

12. Slide 12: Backup

    Backup © Heidelberger Druckmaschinen AG 12

13. Slide 13: 3m FY 20/21. Key figures.

    3m FY 20/21. Key figures. €m 3m 20/21 3m 21/22 Δ PY Incoming orders 346 652 +89% Sales 330 441 +34% EBITDA 40 15 -25 EBIT 20 -4 -24 Financial result -13 -8 +5 EBT 6 -12 -18 Net result after taxes 5 -14 -19 Free cash flow -63 29 +92 © Heidelberger Druckmaschinen AG 13

14. Slide 14: Regions.

    Regions. Broad-based market recovery with Europe & Asia/Pacific in lead. Incoming orders by region 3m 21/22 (3m 20/21) €m 652 700 South America 11 600 97 Eastern Europe 1.7% 500 79 12.1% (1.4%) (13.9%) EMEA 400 346 204 North America 14.9% 40.2% 5 300 63 (18.2%) € 652 (33.8%) (€ 346m) 48 200 114 31.3

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