Slide 1: Q3 2016 Trading Update
Q 3 2016 T RADING UPDAT E PASSION. PRECISION. PURITY. Q3 2016 Trading Update Heinz Kundert, CEO and Andreas Leutenegger, CFO 1 October 31, 2016
Slide 2: Q3 2016 highlights
PASSION. PRECISION. PURITY. Q3 2016 highlights Q 3 2016 T RADING UPDAT E – High customer demand for equipment purchases geared at new technologies in High semiconductor and display production demand for – Technology advances in OLED fuels display growth; 3D NAND in semiconductor equipment – Overall
Slide 3: Accelerated order intake in Q3
PASSION. PRECISION. PURITY. Accelerated order intake in Q3 in CHF million Q 3 2016 T RADING UPDAT E +19% 393.8 331.2 +40% 137.0 98.1 July - September July - September January - January - 2015 2016 September September Order intake 2015 Order intake 2016 3
Slide 4: Valves – 77% of Group Net Sales
PASSION. PRECISION. PURITY. Valves – 77% of Group Net Sales July - Sep July - Sep Change Jan - Sep Jan - Sep Change in CHF million Q 3 2016 T RADING UPDAT E 2016 2015 2016 2015 Order intake 108.5 303.6 Third party net sales 99.9 84.5 18.2% 278.2 234.3 18.7% Inter-segment sales 10.2 8.7 17.2% 28.4 25
Slide 5: Global Service – 16% of Group Net Sales
PASSION. PRECISION. PURITY. Global Service – 16% of Group Net Sales July - Sep July - Sep Change Jan - Sep Jan - Sep Change in CHF million Q 3 2016 T RADING UPDAT E 2016 2015 2016 2015 Order intake 19.6 64.1 Third party net sales 20.6 18.0 14.7% 61.5 54.7 12.3% Inter-segment sales n.a. n.a. n.a. n.a
Slide 6: Industry – 7% of Group Net Sales
PASSION. PRECISION. PURITY. Industry – 7% of Group Net Sales July - Sep July - Sep Change Jan - Sep Jan - Sep Change in CHF million Q 3 2016 T RADING UPDAT E 2016 2015 2016 2015 Order intake 8.7 26.1 Third party net sales 9.1 8.3 10.7% 25.5 24.5 4.2% Inter-segment sales 5.4 5.3 1.0% 10.8 10.6 1.5% T
Slide 7: Refinancing of term loan
PASSION. PRECISION. PURITY. Refinancing of term loan Q 3 2016 T RADING UPDAT E – Further reduction of financing costs following the conversion of the shareholder loan into equity in the IPO in April 2016 – New syndicated five-year revolving credit facility of USD 300 million signed in September Fina
Slide 8: Outlook 2016 - Continued profitable growth expected
PASSION. PRECISION. PURITY. Outlook 2016 - Continued profitable growth expected Q 3 2016 T RADING UPDAT E – Attractive growth markets for displays, semiconductors and related Positive – Technology advances such as OLED displays and 3D NAND require substantial market investments in new manufacturing
Slide 9: Information
PASSION. PRECISION. PURITY. Information Q 3 2016 T RADING UPDAT E Investor information Contact information Listing: SIX Swiss Exchange Michel R. Gerber Currency: CHF Head of Investor Relations & Ticker symbol: VACN Corporate Communications ISIN: CH0311864901 Phone: +41 81 772 42 55 E-mail: m.gerber@
Slide 10: Forward looking statements
PASSION. PRECISION. PURITY. Forward looking statements Q 3 2016 T RADING UPDAT E Forward-looking statements contained herein are qualified in their entirety as there are certain factors that could cause results to differ materially from those anticipated. Any statements contained herein that are not