Slide 1: Tecnotree Corporation Interim Report Q3 2014
Tecnotree Corporation Interim Report Q3 2014 29th October, 2014
Slide 2: Tecnotree Group in Brief
Tecnotree Group in Brief Highlights for Q3 & 1-9/2014 (comparisons to Q3 & 1-9/2013) Q3 2014 • Net sales for Q3/2014 were 23.7 M€ (17.4 M€) • This a quarterly record for Tecnotree • Orders received were 29.7 M€ (12.2 M€) • Order backlog was 52.7 M€ (48.0 M€) • EBIT 4.7 M€ (0.5 M€) and adjusted EBIT
Slide 3: Financial Highlights
Financial Highlights M€ 1-9/2014 1-9/2013 Net sales 49.8 53.9 Adjusted operating result -1.4 -0.3 (EBIT before R&D capitalisation & amortisation and one-time costs) EBIT -1.4 -2.0 Net result -9.8 -3.0 Order intake 57.5 47.6 Cash flow after investments -4.5 -4.8 Net cash flow -4.7 -3.5 Cash 2.0 7.0 E
Slide 4: Net Sales by Area
Net Sales by Area 29 24 19 M€ 14 9 4 -1 Americas Europe MEA APAC Act 1-9/2013 26,4 3,7 22,1 1,7 Act 1-9/2014 24,3 3,2 19,9 2,4 Change -7,7% -12,6% -10,1% 42,9% Interim Report Q3 2014 29.10.2014 4
Slide 5: Order Book by Sales Area
Order Book by Sales Area 60 50 40 M€ 30 20 10 0 Q3/2013 Q3/2014 APAC 0,9 1,4 EUROPE 2,2 1,5 LATAM 29,0 23,5 MEA 15,8 26,3 Total 48,0 52,7 Interim Report Q3 2014 29.10.2014 5
Slide 6: Sales and Orders
Sales and Orders 70 60 50 40 M€ 30 20 10 0 Q3/2012 Q4/2012 Q1/2013 Q2/2013 Q3/2013 Q4/2013 Q1/2014 Q2/2014 Q3/2014 Tecnotree sales 19,7 22,4 13,9 22,5 17,5 20,0 14,4 11,7 23,7 OBL 59,2 54,2 55,3 53,3 48,0 45,0 49,1 46,7 52,7 Order intake 20,1 17,4 15,1 20,4 12,2 17,1 18,5 9,3 29,7 Interim Report Q3
Slide 7: Consolidated Income Statement
Consolidated Income Statement M€ 1-9/2014 1-9/2013 Change % Net sales 49.8 53.9 -7.5 Other operating income 0.1 0.1 Materials and services -8.2 -9.5 -13.7 Employee benefit expenses -24.3 -25.7 -5.4 Depreciation -0.8 -3.1 -73.1 Other operating expenses -18.0 -17.6 2.5 Operating result -1.4 -2.0 Finan
Slide 8: Adjusted Income Statement
Adjusted Income Statement M€ 1-9/2014 1-9/2013 Change % Net sales 49.8 53.9 -7.5 Other operating income 0.1 0.1 Total revenue 49.9 53.9 -7.4 Adjusted operating expenses* -51.3 -54.2 -5.2 Adjusted operating result -1.4 -0.3 - Net impact of R&D capitalisations -1.7 - One-time costs Operating Result -1
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet M€ 30.9.2014 30.9.2013 Change % Non-current assets Fixed assets 4.4 4.8 -8.9 Consolidated goodwill 16.4 15.3 7.2 Other non-current assets 1.5 2.8 -44.0 Current assets Inventories 1.8 0.9 98.9 Trade receivables 13.1 15.3 -14.3 Other receivables 37.6 27.0 39.5 Investments 0.
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet M€ 30.9.2014 30.9.2013 Change % Shareholder’s Equity 16.0 22.1 -27.4 Non-current Liabilities Interest-bearing liabilities 21.8 Deferred tax liabilities 2.8 3.1 -9.2 Other non-current liabilities 1.1 0.5 114.0 Current Liabilities Interest-bearing liabilities 33.4 10.0 Non-i
Slide 11: Prospects for 2014
Prospects for 2014 The company estimates that its net sales and operating result will improve from the previous year. Variations in the quarterly figures will be considerable. Interim Report Q3 2014 29.10.2014 11
Slide 12: Thank you
Thank you UIBCIOU SSS Powering the digital marketplace