Interroll Holding Ag · SIX:INRN
Interroll — H1 2015 Earnings Presentation
14 slides from Interroll's earnings presentation, Aug 7, 2015
Slide 1: Interroll Holding AG Half-year results 2015
Interroll Holding AG Half-year results 2015 Web Conference, 7 August 2015 interroll.com
Slide 2: Highlights H1/2015
Highlights H1/2015 9.1% net sales growth in the Group (18.5% in local currencies) 22.4% net sales growth in the Americas region Business consolidation (USA, Canada) completed in 2014 14.7% net sales growth in the Asia-Pacific region Business in China further strengthened Global sales and pro
Slide 3: Strong focus on product portfolio and key customer industries continued
Strong focus on product portfolio and key customer industries continued Rollers Drives Conveyors & Sorters Dynamic Storage Focused product portfolio, manufactured in 13 locations and sold to more than 23,000 customers worldwide Airports Courier, Express, Post Food & Beverage Distribution & Warehouse
Slide 4: Strategy delivered: Americas consolidation completed
Strategy delivered Americas consolidation completed Consolidation of production completed (Jeffersonville, USA, and Concorde, Canada, facilities shut down) Ongoing expansion of sales force Cañon City Toronto Wilmington Atlanta Integration of Interroll in Cañon City (former Portec): Ongoing pro
Slide 5: Strategy delivered: Business in China further strengthened
Strategy delivered Business in China further strengthened Local sales, sourcing and engineering strengthened Integration of Interroll Shenzhen (former Pert Engineering): Korea Japan Ongoing productivity increases Shanghai Suzhou following implementation of the Shenzhen Interroll Production Syste
Slide 6: Net sales increased by 9.1% in reporting currency, CHF
Net sales increased by 9.1% in reporting currency, CHF Net sales in CHF million 200 171,3 Strong net sales growth of 9.1% 157,1 in reporting currency, CHF 147,4 149,1 137,2 (18.5% in local currencies) 2011-15 CAGR of 6.2% achieved in reporting currency, CHF 100 All regions and product groups g
Slide 7: EBITDA boosted by strong sales and productivity increase
EBITDA boosted by strong sales and productivity increase EBITDA in CHF million EBITDA margin in % 30 EBITDA +45.5% 26,5 EBITDA margin of 15.5% 21,4 Increases mainly due to 20,5 19,6 18,2 • Increased net sales 15,5 15 • Cost savings, further increases in 14,9 14,4 productivity 13,3 11,6 • Cease
Slide 8: Sharp increase in net profit
Sharp increase in net profit Net profit in CHF million 14 12,8 Depreciation and amortisation expenses slightly below H1/14 10,5 9,9 9,5 EBIT of CHF 17.5 million (+99.7%) EBIT margin of 10.2% 7,1 (5.6% in the previous year) 7 Positive financial result (mainly foreign currency gains) Net pro
Slide 9: Improved operating cash flow
Improved operating cash flow Operating cash flow in CHF million 20 18,2 Operating cash flow improved by 17,6 CHF 6.6 million to CHF 11.6 million Negative free cash flow 11,6 of CHF 0.6 million mainly due to a new building under construction in Baal, 10 Germany (which will serve as Research & Dev
Slide 10: Shareholders' equity affected by negative currency translation effects
Shareholders’ equity affected by negative currency translation effects Equity in CHF million Equity ratio in % 100 200,3 200 192,3 Equity decline mainly due to negative 187,2 currency translation effects 157,6 Decision by the Annual General 143,3 72,5 72.0 Meeting in May 2015 to reduce the par 6
Slide 11: New Modular Conveyor Platform (MCP), Outlook
New Modular Conveyor Platform (MCP), Outlook MCP roll-out in Europe realised in 2014 (customer expectations are exceeded) Gradual MCP launch in Asia and the USA planned for H2/15 In view of its strong performance and the order intake in H1/15, Interroll is optimistic about H2/15. Less one-time e
Slide 12: Questions & answers
Questions & answers ee 7o™- = : > J3W 12
Slide 13: Contact
Contact Daniel Bättig, Chief Financial Officer d.baettig@interroll.com Tel. +41 91 850 2544 Petra Müller, Head of PR & Investor Relations p.mueller@interroll.com Tel. +41 91 850 2521 13
Slide 14: Disclaimer
Disclaimer This presentation contains certain future-oriented statements. Future-oriented statements include all statements which do not relate to historical facts and events and contain future-oriented expressions such as “believe”, “estimate”, “assume”, “expect”, “forecast”, “intend”, “could” or “