Delignit Ag · XETR:DLX
Delignit — Non-Deal Roadshow (February 2017)
34 slides from Delignit's roadshow presentation, Feb 16, 2017
Slide 1: Company Presentation
- Ecological material for technological applications - Company Presentation Delignit AG, Blomberg www.delignit.com | 16.02.2017
Slide 2: Key Message
KEY MESSAGE Delignit AG is the leading manufacturer of technological products and system solutions based on the ecological Delignit material © Delignit AG / 16.02.2017 2
Slide 3: Agenda
Agenda Overview Finances Business development Outlook Delignit in the capital market © Delignit AG / 16.02.2017 3
Slide 4: Equity Story
EQUITY STORY Ecological (CO2-neutral) and environmentally-friendly products + systems Wood-based materials for the widest variety of technological and industrial applications Market and technology leadership in markets for ecological, wood-based composite materials Partners from leading indu
Slide 5: Delignit has developed into a supplier for ecological products for leading industrial companies
Delignit has developed into a supplier for ecological products for leading industrial companies HISTORY 1799 Founded by Johann Christoph Hausmann 1893 Invention of the beech plywood board 1953 Delignit registered as brand 1998 Purchase of the Romanian site 2000 Changing of strategy from “the manufac
Slide 6: The Delignit AG has a lean industrial holding company structure
The Delignit AG has a lean industrial holding company structure. GROUP STRUCTURE 2 Delignit AG 100,0 % 100,0 % 100,0 % 262 22 32 Blomberger Holzindustrie DHK automotive HTZ Holztrocknung GmbH GmbH GmbH Non-operating unit: Delignit Immobiliengesellschaft mbH (100,0 %) Companies to which a shared-owne
Slide 7: The Delignit company growth strategy is based unchanged on mega-trends
The Delignit company growth strategy is based unchanged on mega-trends DELIGNIT COMPANY STRATEGY Delignit Mega-trends Strategy Competencies Regenerative raw Ecological and Expansion of the materials replace technological business model in exhaustible raw material view of geography and materials
Slide 8: The sustainable use of beech ensures a continued long-term raw material supply
The sustainable use of beech ensures a continued long-term raw material supply DISPERSION OF BEECH IN EUROPE AND THE VARIATION OF THE RESERVES IN MILLON CUBIC METERS Dispersion of beech growth reduction *Ascertained by Delignit AG calculation © Delignit AG / 16.02.2017 8
Slide 9: Delignit is series supplier for high-quality loading space equipment
Delignit is series supplier for high-quality loading space equipment AUTOMOTIVE - OVERVIEW Load protection equipment for LCV Product groups Loading space interiors for light commercial vehicles (LCVs) Floors for heavy commercial vehicles (HCV) Car boot flooring for passenger cars Industries
Slide 10: Manufacturer of products to meet highest technological requirements
Manufacturer of products to meet highest technological requirements TECHNOLOGICAL APPLICATIONS - OVERVIEW Skillet conveyor Product groups Building Equipment (e.g. floors for factory plants, skillet conveyors) Special applications (e.g. bullet-proof Floor system solutions interiors, pressing tool
Slide 11: Agenda
Agenda Overview Finances Business development Outlook Delignit in the capital market © Delignit AG / 16.02.2017 11
Slide 12: The values development continued
The values development continued DEVELOPMENT 2010 – 2016* TURNOVER / GROUP EARNINGS / EQUITY (T€) / STOCK PRICE IN € AS AT DECEMBER 31st 2010 2016* 48.565 25.651 Turnover 1.448 Group earnings -10.227 14.776 Equity 9.052 4,45 Stock price in € 1,16 *2016 with provisional figures © Delignit AG / 16.02.
Slide 13: Registration figures for light commercial vehicles regained pre-crisis level from 2008
The registration figures for lightweight commercial vehicles has only now regained its pre-crisis level from 2008 REGISTRATION FIGURES LCV 2008 - 2016 IN THE EU (IN THOUSANDS) Development of registration figures LCV in the EU in thousands 1.976 1.919 -3% 223 1.714 258 1.586 1.535 238 1.489 1.376 233
Slide 14: Group turnover climbed to a record high in 2016
The group turnover climbed by an avarage annual growth of 11 % from 2010 to a record high in 2016 TURNOVER DEVELOPMENT DELIGNIT GROUP 2010 - 2016 HALF AND FULL-YEAR (IN MIO. €) Turnover development* Delignit group 48,6 42,7 44,4 34,1 35,3 30,6 25,7 24,4 22,7 22,9 17,7 17,3 13,6 14,1 2010 2010 2011 2
Slide 15: Business unit automotive grew considerably more rapidly than the market
The business unit automotive grew considerably more rapidly than the market, supported by new applications TURNOVER DEVELOPMENT DELIGNIT – BUSINESS UNIT AUTOMOTIVE 2010 - 2016 HALF AND FULL-YEAR (IN MIO. €) Application examples Turnover development* business unit automotive Equipment for securing lo
Slide 16: Delignit can diversify geographically within automotive with further product development
The Delignit group can diversify geographically within its business unit automotive with further product development DELIGNIT OEM SERIES BUSINESS DIVIDED INTO SCOPE OF APPLICATION AND MARKET; INDICATION OF MATURITIES LCV LCV PC Protection for Load securing Loading floor loading areas systems OEM I O
Slide 17: Business unit technological applications compensated the previous year's decline
In the business unit technological applications the decline of turnover in the previous year have already been compensated again TURNOVER DEVELOPMENT DELIGNIT – BUSINESS UNIT TA 2010 - 2016 HALF AND FULL-YEAR (IN MIO. €) Application examples Turnover development* business unit technological applicat
Slide 18: Export turnover increased; export ratio rose to 24,5 %
The export turnover could be increased by 6,4 % in 2015; the export ratio increased to 24,5 % SHARE OF EXPORTS AND BREAKDOWN BY COUNTRIES DELIGNIT GROUP 2014 - 2015 (IN T€) Breakdown of sales ∆ 2015 2015 2014 /2014 2013 Germany 33.537 32.511 3% 29.672 Export 10.865 10.207 6% 5.627 EU countries 7.993
Slide 19: Annual result 2015 increased by 7,4 %
The annual results as per 31 December 2015 could be increased by 7,4 % in the Delignit group IFRS GROUP-INCOME STATEMENT 2014 - 2015 (IN T€) 42.718 Turnover + 3,9 % 44.402 25.909 Cost of materials + 3,2 % 26.728 11.202 + 13,1 % Personnel costs 12.670 3.466 Other operating costs - 11,3 % 3.076 3.517
Slide 20: Equity has increased to 13.677 T€ as per December 2015
The equity has increased to 13.677 T€ as per December of 2015 IFRS-GROUP CONSOLIDATED BALANCE SHEET 2014 - 2015 (IN T€) Assets 12.438 A. Current assets 14.969 + 20 % 14.309 B. Non-current assets 14.605 + 2% 26.747 Balance sheet total 29.574 + 11 % Liabilities A. Equity 12.673 +8% 13.677 B. Current l
Slide 21: Agenda
Agenda Overview Finances Business development Outlook Delignit in the capital market © Delignit AG / 16.02.2017 21
Slide 22: Delignit can secure series business after OEM nomination
The Delignit AG can secure a series business after being nominated by the OEM I SCOPE OF SUPPLY OEM I / KEY FACTS Scope of supply Key Facts OEM I nomination Wooden and plastic panels OEM-contract runs for a period of more then 10 years Universal-load floor Effect on sales as of 2017 Partition wa
Slide 23: Delignit expanded its product range in the course of the OEM I nomination
The Delignit group expanded its product range in the course of the OEM I nomination LIEFERUMFANG OEM I / KEY FACTS II Current Delignit®-product innovations Product highlights for the OEM I scope of supply Plastic side panels (PP)… Developed with a cooperation partner for the business unit automoti
Slide 24: OEM II subsequent commission includes an extension of the scope of supply
The OEM II subsequent commission includes an extension of the scope of supply SCOPE OF SUPPLY OEM II / KEY FACTS Scope of supply Key Facts OEM II nomination Wooden panels The OEM subsequent commmission runs for a period of 10 years The commission includes an extension of the previous scope of Pa
Slide 25: Turnover to rise to over 50 Mio. € in 2018 with additional scope of supply
Other things being equal, an increase to over 50 Mio. € in turnover will be generated with the additional scope of supply in 2018 TURNOVER DEVELOPMENT DELIGNIT KONZERN 2010 – 2015: EFFECT NEW COMMISSIONS 2018 (IN MIO. €)* + 10 Mio. € due to LCV subsequent commission and a new OEM commission 44,4 25,
Slide 26: Delignit AG invests specifically in increasing its capacity
The Delignit AG invests specifically in inceasing its capacity INVESTMENT PROJECTS IN THE DELIGNIT GROUP Strategic investments Selected projects 2013 Delignit takes over the DHK automotive GmbH and HTZ Multi-daylight press for Blomberg Holztrocknung GmbH 2013 Investment in a high density press
Slide 27: Agenda
Agenda Overview Finances Business development Outlook Delignit in the capital market © Delignit AG / 16.02.2017 27
Slide 28: Product innovations have made a positive contribution to business development
The product innovations of the past years have made a positive contribution to its business development DEVELOPMENT PROTECTION FOR LOADING AREAS / LOAD SECURING SYSTEMS Development Light Commercial Vehicle 456 % 290 % 100 % Holzboden Wooden floor Seitenwand Side panel Dach- Roof panel Radkasten Whee
Slide 29: Delignit develops a multifunctional rail and a monitoring system for load capacities
Delignit develops a multifunctional rail and a monitoring system for vehicle load capacities PRODUCT DEVELOPMENT MULTIFUNCTIONAL RAIL / DIGITAL MONITORING SYSTEM FOR VEHICLE LOAD CAPACITIES Current product developments Product highlights Universal mounting concept for… Partition wall systems In-
Slide 30: Agenda
Agenda Overview Finances Business development Outlook Delignit in the capital market © Delignit AG / 16.02.2017 30
Slide 31: Delignit stock performed better than the general market over 48 months
The Delignit stock performed better than the general market over the past 48 months and increased by 207 % DEVELOPMENT OF THE DELIGNIT STOCK – 07.02.2013 – 08.02.2017 COMPARED TO SELECTED REFERENCE INDICES Price development 07. Februar 2013 - 08. Februar 2017 Press Releases Delignit 300% 03.2015 K
Slide 32: Freefloat approximately 23,9 %; shareholder structure and share figures
The freefloat of the Delignit stock amounts to approximatly 23,9 %; On average 3.250 shares were traded per day on Xetra SHAREHOLDER STRUCTURE DELIGNIT AG UND SHARE FIGURES Ownership structure Other Freefloat ca. 23,9 % Stock figures 01.01.2016 - 31.12.2016 MBB SE ca. 76,1 % Trading volume: 3.251 st
Slide 33: Finance Calendar
Finance Calendar Provisional Figures 2016 06. Februar 2017 Roadshow Frankfurt 16. Februar 2017 Annual report 2016 End of Mai 2017 General meeting 2017 20. Juni 2017 Half-year report 2017 End of August 2017 End of the financial year 2017 31. Dezember 2017 © Delignit AG / 16.02.2017 33
Slide 34: Disclaimer
DISCLAIMER This publication does not constitute an offer for sale or a request to purchase Delignit AG securities. German legal framework The presented information is exclusively directed at persons who have their residence or business seat in Germany. Access to the above information is only granted