PRELIMINARY FIGURES 2015 TRADING STATEMENT

Transcription

1 PRELIMINARY FIGURES 2015 TRADING STATEMENT Matthias Hartmann, CEO Christian Diedrich, CFO GfK SE, January 29,

2 Disclaimer This presentation constitutes neither an offer nor recommendation to subscribe or buy in any other way securities of GfK SE or any of the companies that are members of the Group at present or in the future, nor does it form part of such an offer and it should not be understood as such. The presentation or any part thereof should not form the basis for a contract for the purchase or subscription of securities of GfK SE or any of the companies that are members of the Group or represent a guarantee in connection with such contract. All the information contained in this presentation has been established with care. Nevertheless, we cannot guarantee its reliability or completeness and the information contained herein should not be deemed as a guarantee in this respect. The information contained in this presentation may be supplemented, amended and updated. Certain statements made herein may express future expectations, which are based on current opinions and assumptions of the management and are subject to foreseeable and unforeseeable risks and uncertainties. Actual results, performance and events may differ considerably from the statements expressed in the present information, partly due to changing business or market conditions and to the growth prospects forecast by the management of GfK SE. These and other factors may have an unfavorable impact on the results and financial consequences described in this presentation. GfK SE does not undertake to update or revise statements on future developments, on the basis of new information, future events or for other reasons. You should not rely on statements made about future developments, which simply express expectations as of the date of this presentation. This document does not constitute an offer of sale of securities in the United States of America. Securities may not be offered or sold in the United States of America without registration or exemption from registration in accordance with the U.S. Securities Act of 1933 in its currently valid form. 2

3 Agenda 1 Preliminary Figures 2015 Christian Diedrich, CFO 2 Q&A Matthias Hartmann, CEO Christian Diedrich, CFO 3

4 Agenda Client logo [delete the right line and the grey box if not required] Preliminary Figures

5 GfK Group single Q4 preliminary figures In m Actual Acquisitions Q Q4 Actual D Actual D Single Q4 Total Organic FX effect Q Consumer Choices Consumer Experiences Sales Growth rate in % AOI Margin in % Q vs Q Q vs Q % 7.8% 0.0% 3.3% % -0.3pts % -0.9% 0.6% 3.7% % -1.1pts Other Group % 2.9% 0.4% 3.6% % 0.0pts Strongest quarterly organic growth in the year driven by sector Consumer Choices Foreign exchange rate contributed positively to overall growth of 6.9% Adjusted operating income grew by 5 m and Y/Y margin returned to flat Consumer Choices margin continued to be impacted by ongoing investments in growth projects Consumer Experiences margin down -1.1pts driven by lack of incremental higher margin business 5

6 GfK Group full year results preliminary figures In m Sales Growth rate in % AOI Margin in % Q4 YTD Actual Acquisitions vs vs 2014 Actual D Actual D Total Organic FX effect 2015 Consumer Choices % 4.2% 0.0% 5.0% % -0.9pts Consumer Experiences % -1.1% 0.2% 5.0% % 0.0pts Other Group 1, % 1.1% 0.1% 5.0% % -0.2pts Organic growth in sector Consumer Choices partly offset by revenue decline in sector Consumer Experiences Foreign exchange rate contributed positively to overall growth of 6.3% Adjusted operating income grew by 9 m, margin decline of -0.2pts Consumer Choices margin down by -0.9pts due to ongoing investments in growth projects Consumer Experiences margin flat despite revenue decline of -1.1% 6

7 5 out of 6 regions growing organically double digit growth in Latin America, Northern Europe declining preliminary figures North America 322 m Northern Europe 576 m CEE, META 126 m In % Q3 YTD Q4 Q4 YTD In % Q3 YTD Q4 Q4 YTD In % Q3 YTD Q4 Q4 YTD Total 23.0% 21.1% 22.4% Total -0.2% 1.2% 0.2% Total -1.4% -0.3% -1.1% Organic 1.8% 5.4% 2.7% Organic -3.7% -1.9% -3.1% Organic 6.8% 4.9% 6.3% FX 21.2% 15.7% 19.7% FX 3.2% 2.5% 3.0% FX -8.1% -5.2% -7.3% Latin America 68 m Southern and Western Europe 267 m Asia and the Pacific 185 m In % Q3 YTD Q4 Q4 YTD In % Q3 YTD Q4 Q4 YTD In % Q3 YTD Q4 Q4 YTD Total 7.3% 18.7% 10.8% Total 0.0% 2.3% 0.6% Total 16.7% 10.4% 15.0% Organic 10.5% 36.9% 18.5% Organic 0.0% 1.6% 0.4% Organic 4.8% 2.8% 4.3% FX -3.1% -18.2% -7.7% FX FX 11.9% 7.5% 10.8% 7

8 Status of Sales/AOP Guidance preliminary figures Original Guidance Ad hoc Statement (12/18/2015) Trading Statement (1/29/2016) 2015 Return to moderate organic growth - CE sales to stabilize Confirmed Total organic sales growth +1.1% CE organic sales stabilized at -1.1% (vs -5.4% organic growth 2014) AOI expected to grow Margin between 12.4% to 12.8% Based on November actuals no longer likely to be achieved -> Assessment in the range of 12% AOI +9 m YTY Margin 12.1% 2016 Outpacing the market in terms of organic growth AOI margin of 14% to 15% Confirmed Considerable margin improvement Updated guidance after year end closing Confirmed Considerable margin improvement Updated guidance after year end closing 8

9 Q&A 9

10 Appendix 10

11 GfK Group full year results per quarter per sector preliminary figures FY FX ACT in m Q Δ PY Organic growth (%) Margin (pts) Q Δ PY Organic growth (%) Margin (pts) Q Δ PY Organic growth (%) Margin (pts) Q Δ PY Organic growth (%) Margin (pts) FY 2015 Δ PY Organic growth (%) Margin (pts) Consumer Choices CC NA- Adjustment normalized Consumer Experiences Other Group Sales % % % % % Margin in % 17.3% 0.4 pts 19.3% -2.3 pts 23.0% -1.2 pts 24.6% -0.3 pts 21.2% -0.9 pts Sales % % % % % Margin in % 17.3% -0.9 pts 19.3% -1.2 pts 23.0% -1.2 pts 24.6% -0.3 pts 21.2% -0.9 pts Sales % % % % % Margin in % 3.0% 0.7 pts 7.1% 0.1 pts 6.8% 0.4 pts 10.2% -1.1 pts 6.9% 0.0 pts Sales Margin in % Sales % % % % 1, % Margin in % 7.5% 0.5 pts 11.4% -1.0 pts 12.8% -0.1 pts 16.2% 0.0 pts 12.1% -0.2 pts Group NA-Adjustment normalized Sales % % % % 1, % Margin in % 7.5% -0.1 pts 11.4% -0.5 pts 12.8% -0.1 pts 16.2% 0.0 pts 12.1% -0.2 pts 11

12 STAY IN TOUCH WITH US GfK Investor Relations Team Available on itunes: GfK s Investor Relations ipad App. Download now. 12

13 Key financial dates to remember Annual Report 2015 Accounts Press conference March 18, 2016 Available online on gfk.com Q1/ First Quarter Results 2016 May 13, 2016 Available online on gfk.com Annual General Meeting May 20, 2016 Fuerth/GE H1/ Half Year Results 2016 August 12, 2016 Available online on gfk.com Q3/ Nine Months Results 2016 November 14, 2016 Available online on gfk.com Please contact for further information on any of the publications or events 13

14 Events to remember GfK Capital Market Day February 4-5, 2016 Frankfurt/GE Citi s Annual Media Trip March 15, 2016 Munich/GE HSBC Equity Conference March 22, 2016 Paris/FR Berenberg European Conference May 24-26, 2016 New York/US Berenberg TMT Conference June 1, 2016 Zurich/CH DB German Swiss & Austrian Conference June 8-10, 206 Berlin/GE Please contact investor.relations@gfk.com for further information on any of the publications or events 14