Slide 1: Analyst and Investor Presentation Full-year results 2017
Analyst and Investor Presentation Full-year results 2017 DKSH Holding Ltd. Zurich, February 5, 2018 Page 1 © DKSH
Slide 2: 2017 Highlights
2017 Highlights • Net sales increase by 4.8% to CHF 11.0 billion • Operating profit (EBIT) above 2016 at CHF 297.0 million • Profit after tax with CHF 213.3 million slightly above previous year • Higher Free Cash Flow of CHF 139.5 million • Ordinary dividend increase of 10.0% to CHF 1.65 per share¹
Slide 3: Further focus topics in 2017
Further focus topics in 2017… • Continuity in strategy implementation • Trend for outsourcing remains intact • Solid business development pipeline • Three acquisitions in South East Asia • Good progress in luxury goods business • High acceptance of omni-channel-approach (e-commerce) • Further invest
Slide 4: Acquisitions in 2017
Acquisitions in 2017 January | Cambodia DKSH acquires leading medical device provider March | Vietnam Vietnam ima DKSH becomes largest Cambodia field marketing provider in the country July | Indonesia PT WICAKSANA Market entry for consumer goods and healthcare Indonesia Page 4 © DKSH
Slide 5: DKSH's omni-channel approach is well received
DKSH’s omni-channel approach is well received Online trade E-retailers B2B E-retailer (c. 80%) E-marketplaces Consumers, E-reseller Clients shoppers, patients @ E-marketplace B2C (c. 20%) Brand.com Page 5 © DKSH
Slide 6: DKSH Group
DKSH Group Financials Revenue split per country in CHF million 3.6% 2017 2016 % CHF % at CER¹ 16.4% Net sales 11,006.4 10,505.2 4.8 3.9 30.7% Operating profit 297.0 293.0 1.4 1.3 (EBIT) Profit after tax 213.3 213.0 0.1 0.0 Free Cash Flow 139.5 128.8 8.3 - 16.6% RONOC (in %) 25.0 26.7 - - Number of 3
Slide 7: Business Unit Consumer Goods
Business Unit Consumer Goods Financials Comments in CHF million 2017 2016 % CHF % at CER¹ • Slightly lower net sales: Net sales 3,643.1 3,768.5 (3.3) (3.7) − Muted consumer demand caused by EBIT 105.9 105.8 0.1 (1.2) political developments in Thailand EBIT margin 2.9% 2.8% • EBIT on previous year’s
Slide 8: Business Unit Healthcare
Business Unit Healthcare Financials Comments in CHF million 2017 2016 % CHF % at CER¹ • Considerable net sales increase by 10.7% Net sales 6,065.8 5,481.5 10.7 9.2 − Growth across South East and North EBIT 146.5 134.3 9.1 9.2 East Asia EBIT margin 2.4% 2.5% • EBIT grows significantly by 9.1% − Very
Slide 9: Business Unit Performance Materials
Business Unit Performance Materials Financials Comments in CHF million 2017 2016 % CHF % at CER¹ • Net sales by 2.7% higher than in 2016 Net sales 894.1 870.6 2.7 3.2 − Good development in South East Asia EBIT 73.2 77.0 (4.9) (3.9) and Europe EBIT margin 8.2% 8.8% • EBIT below previous year’s level
Slide 10: Business Unit Technology
Business Unit Technology Financials Comments in CHF million 2017 2016 % CHF % at CER¹ • Net sales rise by 4.9% Net sales 404.2 385.4 4.9 4.8 − High demand especially in China, EBIT 23.1 21.3 8.5 8.5 Taiwan, Indonesia and Japan EBIT margin 5.7% 5.5% • EBIT significantly above last year • Increased fo
Slide 11: Progressive dividend policy
Progressive dividend policy Ordinary dividend (in CHF per share) 1.65 1 1.50 CAGR 1.30 21.4% 1.15 0.95 0.80 0.65 0.50 0.35 2009 2010 2011 2012 2013 2014 2015 2016 2017 Dividend 2017 by 10.0% higher than last year¹ Note: Ordinary dividend per share. The chart takes into account share split 1:100, eff
Slide 12: Asia remains the world's strongest growth region
Asia remains the world’s strongest growth region • Asia is the region with by far the highest growth rates • Intact growth drivers: Growing middle class Increased inner-Asian trade Trend towards outsourcing Attractive potential for Market Expansion Services Page 12 © DKSH
Slide 13: Outlook
Outlook • Long-term growth drivers intact • Continuity in strategy implementation • Focus on organic growth, supplemented by acquisitions − Expansion of omni-channel approach including digitization − Market expansion in Indonesia − Continued restructuring of the luxury goods business • Increased net
Slide 14: A coffee to boost the immune system…
A coffee to boost the immune system… Page 14 © DKSH
Slide 15: Disclaimer
Disclaimer Due care has been used in preparation of this presentation and DKSH makes every effort to provide accurate and up-to-date information. Nevertheless, this presentation may be subject to technical inaccuracies, information that is not up-to-date or typographical errors. DKSH does not assume