Slide 1: Quarterly Report First 3 Months 2016/17
Quarterly Report First 3 Months 2016/17 Analyst Conference Call February 13, 2017
Slide 2: Aurubis fulfills expectations in Q1 of fiscal year 2016/17
Aurubis fulfills expectations in Q1 of fiscal year 2016/17 3M 3M FY 2016/17 FY 2015/16 Operating EBT (€ million) 18 36 Net cash flow (€ million) -42 -23 Operating ROCE (%) 9.5 17.5 (based on operating EBIT for the last 12 months) February 2017 2
Slide 3: Q1: Good result burdened by measurement effects
Q1: Good result burdened by measurement effects EBT 3M 2016/17 (in € million, rounded) Main factors influencing the result 3M 3M FY 16/17 FY 15/16 » Lower concentrate throughput and sulfuric acid output due to the legally mandated maintenance shutdown in Hamburg (€ -15 million) » Measurement effects
Slide 4: Aurubis Group KPIs
Aurubis Group KPIs (operating, based on IFRS) 3M 3M Change 2016/17 2015/16 Absolute Relative Revenues €m 2,462 2,398 64 3% Gross profit €m 230 241 -11 -5 % EBITDA €m 54 71 -17 -24 % EBIT €m 22 41 -19 -46 % EBT €m 18 36 -18 -50 % Consolidated net income €m 14 26 -12 -46 % Net cash flow €m -42 -23 -19
Slide 5: Reconciliation of statement of financial position/income statement from IFRS to IFRS (operating)
Reconciliation of statement of financial position/income statement from IFRS (average cost method) to IFRS (operating) IFRS (average IFRS In € million cost method) (operating) Adjustments Statement of financial position 12/31/2016 Total assets 4,255 3,953 -302 Assets Fixed assets 1,504 1,458 -46 Def
Slide 6: Stable Aurubis Group KPIs
Stable Aurubis Group KPIs (operating, based on IFRS) 12/31/2016 12/31/2015 operating operating Target Profitability ROCE* 9.5 % 17.5 % 15 % Capital structure - Equity ratio (equity / total assets) 47.4 % 49.0 % > 40 % - Fixed asset cover (equity / fixed assets) 128.5 % 128.2 % > 120 % - Intensity of
Slide 7: BU Primary Copper: Good results despite shutdown and measurement effects
BU Primary Copper: Good results despite shutdown and measurement effects Operating results for BU Copper Products (first 3 months 2016/17) BU Primary Q1 Q1 Copper 16/17 15/16 EBIT (in €m) 36 30 » Scheduled maintenance shutdown in Hamburg with negative EBT (in €m) 34 28 effect on earnings of € 15 mil
Slide 8: BU Copper Products: Recovery on the copper scrap markets
BU Copper Products: Recovery on the copper scrap markets Operating results for BU Copper Products (first 3 months 2016/17) BU Copper Q1 Q1 Products 16/17 15/16 EBIT (in €m) -7 17 EBT (in €m) -9 17 » Temporary negative measurement effects of € 23 million in connection with inventory build-up at incre
Slide 9: Copper price: Trending upward
Copper price: Trending upward Copper price and metal exchange inventories Metal exchange inventories in 1,000 t LME copper price (settlement) in US$/t 2000 10000 Copper price 1750 2/10/2017: 9000 5,871.5 1500 8000 1250 7000 1000 6000 750 5000 500 4000 250 3000 0 2000 10/10 04/11 10/11 04/12 10/12 04
Slide 10: Aurubis confirms earnings forecast for 2016/17
Aurubis confirms earnings forecast for 2016/17 » The January 2017 Reuters poll on the average copper price is at US$ 5,364/t for 2017 and US$ 5,437/t for 2018 » Satisfactory treatment and refining charges for copper concentrates » High capacity utilization expected at our primary copper smelters » N
Slide 11: Aurubis forecast for FY 2016/17
Aurubis forecast for FY 2016/17 Qualified comparative forecast according to Aurubis’ definition Change in operating EBT ±2% At prior-year level ± 3 to10 % Slight Overall, we expect significantly higher operating EBT > ±10 % Significant and slightly higher operating ROCE for the Group. Operating ROCE
Slide 12: Quarterly Report First 3 Months 2016/17
Quarterly Report First 3 Months 2016/17 Analyst Conference Call February 13, 2017
Slide 13: IR contacts
IR contacts: Angela Seidler Dieter Birkholz Elke Brinkmann Head of Investor Relations Senior Manager Senior Manager +49 40 7883-3178 +49 40 7883-3969 +49 40 7883-2379 a.seidler@aurubis.com d.birkholz@aurubis.com e.brinkmann@aurubis.com Financial calendar » Annual General Meeting 2017 March 2, 2017 »
Slide 14: Legal disclaimer: Forward-looking statements
Legal disclaimer Forward-looking statements This document contains forward-looking statements that involve risks and uncertainties, including statements about Aurubis’ plans, objectives, expectations and intentions. Readers are cautioned that forward-looking statements include known and unknown risk