M. M. Warburg & CO Warburg Highlights Hamburg, June 6, Lothar Lanz, CFO & COO Daniel Fard-Yazdani, Co-Head of IR
|
|
- Christal Greene
- 6 years ago
- Views:
Transcription
1 M. M. Warburg & CO Warburg Highlights Hamburg, June 6, 2013 Lothar Lanz, CFO & COO Daniel Fard-Yazdani, Co-Head of IR
2 Disclaimer This document, which has been issued by Axel Springer Aktiengesellschaft (the "Company"), comprises the written materials/slides for a presentation of the management. Whilst all reasonable care has been taken to ensure that the information and facts stated herein are accurate and that the opinions and expectations contained herein are fair and reasonable no representation or warranty, express or implied, is given by or on behalf of the Company, any of its directors, or any other person as to the accuracy or completeness of the information or opinions contained in this document and no liability is accepted for any such information or opinions. This document contains forward looking statements which involves risks and uncertainties. These forward looking statements speak only as of the date of this document and are based on numerous assumptions which may or may not prove to be correct. The actual performance and results of the business of the Company could differ materially from the performance and results discussed in this document. The Company undertakes no obligation to publicly update or revise any forward looking statements or other information contained herein whether as a result of new information, future events or otherwise. This document does not constitute or form any part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares in the Company, nor shall it or any part of it nor the fact of its distribution form the basis of, or be relied on in connection with, any contract or investment decision in relation thereto. 2
3 Strong financial performance and high profitability Revenues in m EBITDA in m 3,185 3,310 2,864 2,777 2,321 2,402 2,392 2,376 2,578 2,729 2,612 2, % 17.3% 18.3% 18.2% 17.8% 17.6% 18.6% 19.0% 12.5% 12.8% 4.9% 7.8% 1) 1) 1) 1) Digital revenues Print revenues EBITDA EBITDA margin 1) According to HGB (German Commercial Code) 3
4 Axel Springer transformation from print to digital Advertising revenues in m Advertising revenues in % of group revenues % 28% 22% % 19% 16% 0 Q Q Q Q Q Q German Newspapers & Magazines Digital German Newspapers & Magazines Digital 4
5 Strong free cash flow, stable dividend Free cash flow in m Dividend volume in m Dividend ( /share) Q1/12 Q1/
6 Digital margin increasing, high margins in print EBITDA in m Digital Media Newspapers National Magazines National Print International EBITDA margin 6% 9% 12% 16% 21% 20% 27% 20% 25% 24% 23% 20% 21% 22% 21% 20% 16% 11% 7% 4% 15% 16% 15% 10% Q1/ Q1/ Q1/ Q1/ Q1/ Q1/ Q1/ Q1/13 6
7 Our corporate mission 7
8 Digital strategy along core competencies Core Competencies Content portals Audience Advertisers Performance marketing Classifieds Cross-synergies between core competencies increase revenues and profitability 8
9 Growth and profitability in Digital Media driven by classifieds and content In m Total* Content portals & other digital media Performance marketing Axel Springer Digital Classifieds Q1/13 Q1/12 yoy Q1/13 Q1/12 yoy Q1/13 Q1/12 yoy Q1/13 Q1/12 yoy Revenues % % % % EBITDA % % % % Margin 19.7% 17.8% 19.0% 19.1% 4.4% 5.1% 41.1% 43.5% * Total EBITDA includes costs of 2.7m in Q1/13 and 3.7m in Q1/12 (thereof business development, M&A and other), not allocated to the three pillars 9
10 BILD a unique media brand print and online Print, daily reach in million 1) Online, reach in million unique visitors 2) bild.de spiegel.de ma 08/I ma 09/I ma 10/I ma 11/I ma 12/I Circulation revenues: CAGR (08-12): -1.6% Advertising revenues: CAGR (08-12): -1.5% ma 13/I 1 Q1/08 Q1/09 Q1/10 Q1/11 Q1/12 Q1/13 Advertising revenues: CAGR (08-12): 20.3% BILD vs. TV Bild.de vs. Peers 2) NAVY CIS Wetten, dass..? Call The Midwife BILD WSJ The Sun 1) Source: ma Pressemedien, Note: change in population parameter after ma 2010 I 2) Source: comscore (Germany) unique visitors in million per month (ᴓ Jan.-March 2013) 10
11 BILD and WELT with top-selling apps in 2012 Top 10 Revenue Ranking (German itunes store) News News Productivity Games Games Games Games Productivity Photo & Video Games BILD and DIE WELT are the highest ranked apps by revenue 2012 Source: German itunes store ipad App Ranking ( DAS BESTE AUS 2012 ), Dec
12 Rollout of digital paid content strategy iphone apps ipad apps Android apps Subscription model for WELT s browser-based offerings Paid models on regional portals ikiosk launch Kindle Fire and Surface apps Freemium model BILD+ for browser-based offerings of BILD 12
13 Digital growth initiative with further cross-media synergies continues Transaction structure Acquisitions show growth strategy Totaljobs Group (04/12) 70% 30% UK market s #1 in revenues and reach Axel Springer Digital Classifieds allesklar.com / meinestadt.de (08/12) Unique regional content & classifieds portal Immoweb.be (11/12) #1 real estate portal in Belgium 13
14 Ringier Axel Springer Media acquired 75% of leading Polish online portal Onet.pl Market position Transaction details Onet among largest websites in Poland 1) 87% Leading Polish content portal with reach of 67% 70% 69% 67% 61% Purchase Price: 215m for 75%, 25% stake TVN remains (closing Nov./12) Cross-media marketing with Ringier Axel Springer Poland and TVN 1) Reach in % of Internet users in Poland, Jan-Mar 2013, Source: PBI Megapanel Gemius 14
15 Acquisition track record: Price discipline and added value At acquisition date 12 Bought at fair valuation EBITDA-Multiple (pro rata) Using Axel Springer group synergies to achieve market leading positions Retain successful management/ founders Further positive development eps accretive transactions 15
16 Creating synergies through our network With Axel Springer Financial IT Systems Procurement HR Discounted media campaigns Shared content and traffic Legal, tax, M&A Marketing Corporate services Among the assets Jobs classifieds integration Real-estate classifieds integration Real-estate classifieds integration Real-estate classifieds integration Prospectus integration Performance marketing 16
17 Pushing for market leadership Market position in acquisition year Market position 2012 (DE) 2006: #5 (Europe) 2007: (UK) 2009: (DE) 2009: #2 #3 #2 (DE) 2010: #3 17
18 Broadening the scope for digital activities Acquire Expand Roll out internationally Start up So far Going forward 18
19 kaufda: going fast track international Business model Internationalization Substituting traditional print advertising inserts with digital offerings Research online buy offline (Retailer) Brands Cost per Click Revenues FY 2011 FY 2012 Introduction of international brand bonial France: launch of bonial December 2011 Other markets with local partners: Spain: April 2012 Russia: April 2012 Brazil: July 2012 Additional market entries in preparation 19
20 Our priorities for Digital transformation Digital paymodels Corporate culture...to secure the future of journalism 20
21 Outlook 2013: More investments for growth in digital and optimized structures in print Digital Print Double-digit percent revenue increase EBITDA significantly up yoy Launch costs: low to mid double-digit million euro amount Single-digit percent revenue decline EBITDA significantly down yoy Restructuring expenses: mid double-digit million euro amount Group Low single-digit percent revenue increase Single-digit percent EBITDA decline Adjusted eps below prior year 21
22 Financial performance
23 Start into 2013 in line with expectations 1. Digital Media 47 % of Group EBITDA and 40 % of revenues 2. Digital Media EBITDA up by 34 % Group EBITDA at 132.4m slightly below prior year ( 136.5m) Adjusted earnings per share at 0.54 (Q1/12: 0.68) Challenging start into the year in print Restructuring and launch costs slightly up yoy 7. Paid content initiative with promising start 23
24 Revenue and earnings development reflect company transformation in 2013 in m Q1/13 Q1/12 yoy Revenues up 1.8% yoy Revenues Circulation Advertising Other EBITDA Margin % % +1.8% -5.8% +8.8% -3.9% -3.0% -0.8pp Circulation revenues down by 5.8%, partially due to calendar effects Advertising growth driven by digital media EBITDA down by 3.0% due to higher restructuring and launch costs 24
25 Slight cost increase due to build-up in digital in m Personnel Purchased goods and services Other operating Total Costs Q1/ Q1/ yoy +7.8% -1.5% +2.0% +2.6% Total costs up by 17.2m, due to consolidation effects Adjusted for consolidation effects, total costs slightly down yoy (-1.0%) Increase in personnel costs only driven by build-up in digital and higher restructuring expenses 25
26 Digital Media already 47% of group EBITDA In m Q1/13 Q1/12 yoy Revenue growth of 20.9% in Q1/13 Revenues Advertising Other % +27.1% -8.1% Organic growth of 6.6% in Q1/13 (based on pro forma revenues of 318.2m in Q1/13 versus 298.4m in Q1/12) EBITDA Margin % % +33.9% +1.9pp EBITDA up by 33.9%, already contributing 47.4% of group EBITDA EBITDA margin up from 17.8% to 19.7% 26
27 Newspapers National: Difficult start into the year In m Revenues Circulation Advertising Q1/ Q1/ yoy -9.7% -7.8% -12.3% Total revenues down by 9.7 %, partially due to calendar effects Circulation revenues down by 7.8%, in Q1/13 no significant effects from copy price increases Other EBITDA % -23.9% Advertising revenues down by 12.3%, beginning of the year especially weak Margin 19.7% 23.4% -3.7pp EBITDA down due to revenue decrease and higher restructuring expenses (+ 2.2m yoy) 27
28 Magazines National: Only slight revenue decrease In m Revenues Circulation Advertising Other Q1/ Q1/ yoy -2.9% -2.5% -6.4% +6.9% Circulation revenues only slightly down Calendar effect almost without impact on segment revenues Revenue decrease partly compensated by cost discipline EBITDA % Margin 19.5% 21.1% -1.6pp 28
29 Print International: Revenue decrease mostly compensated by cost reduction In m Revenues Circulation Advertising Q1/ Q1/ yoy -8.1% -5.1% -20.7% yoy adjusted 1) -7.4% -4.4% -20.0% Market environment remains challenging, calendar effects with an additional negativ impact in Q1/13 Circulation revenues (adj.) down by only 4.4% yoy Other EBITDA % -16.9% +29.1% -15.8% Advertising revenues (adj.) down by 20.0% yoy, mostly driven by Czech Republic and Slowakia Margin 10.3% 11.4% -1.1pp - Strict cost discipline compensates most of the revenue decline 1) Adjusted for consolidation and foreign exchange effects 29
30 Comfortable financial situation with significant headroom to finance growth Net financial debt 1) in m 12/31/12 04/30/13 Credit line Volume of 900m Maturity in 2017 Initial margin below 50 bps Leverage with sufficient headroom Leverage of ~0.8x as of April 30, 2013 after dividend payment Self-imposed maximum leverage of x EBITDA leaves sufficient headroom Promissory note 2) Volume of 500m Maturity in 2016/2018 Favorable fixed interest rates for 64% of the volume 1) Excl. pension liabilities (12/31/12: - 344m; 03/31/13: - 344m, ) and treasury shares (12/31/12: 0.2m shares; 03/31/13: 0.2m shares) 2) Schuldscheindarlehen 30
31 Adjusted eps down yoy due to higher non-recurring effects In m Net income Non-recurring effects Amortization and impairments from purchase price allocations Taxes attributable to these effects Adjusted net income Thereof attributable to non-controlling interests Adjusted net income attributable to shareholders of Axel Springer AG Weighted average number of shares outstanding (in m) 1) Adjusted eps (in ) Q1/ Q1/ ) Based on weighted average number of shares outstanding in
32 Appendix
33 Increasing transparency in the Digital Media segment: 3 pillars along core competencies Content portals & other digital media* Major Assets Bild + Welt Online aufeminin Onet Azet finanzen.net Idealo Smarthouse Schwartzkopff TV Performance marketing zanox Digital Window M4N eprofessional Axel Springer Digital Classifieds Real Estate Seloger Immonet Immoweb.be Jobs StepStone Totaljobs meinestadt.de * Includes minority interests in radio participations 33
34 GA-Partnership shows significant value step-up in underlying assets Axel Springer investments Purchase prices and investments Sale of StepStone Solutions business unit Utilized tax effects Net investment ~800 m ~110 m ~50 m ~640 m + ~100% General Atlantic deal Enterprise value Embedded loan Equity value 1,250 m 460 m 790 m 34
35 Axel Springer is Germany s leading print marketer and publisher Market share by circulation 1) Market share by adspend 3) 17% With 17% market share, Axel Springer reaches 52% of the German population 2) 16% 7% 7% 5% 4% 4% 3% 9% 7% 5% 5% 4% Axel Springer Bauer WAZ SWMH DuMont Burda Holtzbrinck Newspapers Magazines Axel Springer G+J Burda Bauer WAZ DuMont (excl. WAZ-Mag.) (incl. MVG/Marquard) Newspapers Magazines 1) Source: Company estimates based on IVW I 2013, paid circulation; weighted market share taking into account different title frequencies 2) Source: ma 2013 Pressemedien I; combined reach among German-speaking 14+ year olds of all covered Axel Springer AG newspapers, magazines and 100% owned subsidiaries 3) Source: Nielsen Media Research; gross adspend, excl. classified ads, supplements and media advertising, 2013 Jan.-March., 100% owned subsidiaries 35
36 Investor Relations contacts Christoph Keese Senior Vice President Investor Relations & Public Affairs Phone: Mobile: Claudia Thomé Head of Investor Relations Phone: Mobile: Daniel Fard-Yazdani Co-Head of Investor Relations Phone: Mobile: Axel Springer AG: Axel-Springer-Str. 65, Berlin, Germany, Fax:
Deutsche Bank European TMT Conference London, September 6, Daniel Fard-Yazdani, Co-Head of Investor Relations
Deutsche Bank European TMT Conference London, September 6, 2012 Daniel Fard-Yazdani, Co-Head of Investor Relations Disclaimer This document, which has been issued by Axel Springer Aktiengesellschaft (the
More informationRoadshow Presentation London, March 15-16, Lothar Lanz, CFO & COO Daniel Fard-Yazdani, Deputy Head of IR
Roadshow Presentation London, March 15-16, 2012 Lothar Lanz, CFO & COO Daniel Fard-Yazdani, Deputy Head of IR Disclaimer This document, which has been issued by Axel Springer Aktiengesellschaft (the "Company"),
More informationBank of America Merrill Lynch TMT Conference London, June 9th, Lothar Lanz, CFO & COO
Bank of America Merrill Lynch TMT Conference London, June 9th, 2011 Lothar Lanz, CFO & COO Disclaimer This document, which has been issued by Axel Springer Aktiengesellschaft (the "Company"), comprises
More informationKepler Capital Markets Media Advertising Conference Paris, December 16, Daniel Fard-Yazdani, Deputy Head of IR Marco Horn, IR
Kepler Capital Markets Media Advertising Conference Paris, December 16, 2011 Daniel Fard-Yazdani, Deputy Head of IR Marco Horn, IR Disclaimer This document, which has been issued by Axel Springer Aktiengesellschaft
More informationLBBW TMT Forum May 17th, Claudia Thomé, Head of IR Daniel Fard-Yazdani, Deputy Head of IR
LBBW TMT Forum May 17th, 2011 Claudia Thomé, Head of IR Daniel Fard-Yazdani, Deputy Head of IR Disclaimer This document, which has been issued by Axel Springer Aktiengesellschaft (the "Company"), comprises
More informationQ1/2016 Results Investor/Analyst Conference Call
Q1/2016 Results Investor/Analyst Conference Call Dr Mathias Döpfner, Chairman & CEO Dr Julian Deutz, CFO Berlin, May 11, 2016 Disclaimer This document, which has been issued by Axel Springer SE (the "Company"),
More informationH1/2018 Results Investor/Analyst Conference Call Berlin, July 27, Dr Mathias Döpfner, Chairman & CEO Dr Julian Deutz, CFO
H1/2018 Results Investor/Analyst Conference Call Berlin, Dr Mathias Döpfner, Chairman & CEO Dr Julian Deutz, CFO Disclaimer This document, which has been issued by Axel Springer SE (the "Company"), comprises
More informationBerenberg TMT Conference 2016 Zurich, June 1, Dr Julian Deutz, CFO Daniel Fard-Yazdani, Co-Head of Investor Relations
Berenberg TMT Conference 2016 Zurich, June 1, 2016 Dr Julian Deutz, CFO Daniel Fard-Yazdani, Co-Head of Investor Relations Disclaimer This document, which has been issued by Axel Springer SE (the "Company"),
More informationRoadshow Presentation March 16 th, Dr Mathias Döpfner, Chairman & CEO Lothar Lanz, CFO & COO
Roadshow Presentation March 16 th, 2011 Dr Mathias Döpfner, Chairman & CEO Lothar Lanz, CFO & COO Disclaimer This document, which has been issued by Axel Springer Aktiengesellschaft (the "Company"), comprises
More informationSociété Générale NICE CONFERENCE 2015 Nice, May 29, 2015
Société Générale NICE CONFERENCE 2015 Nice, May 29, 2015 Claudia Thomé, Co-Head of Investor Relations Daniel Fard-Yazdani, Co-Head of Investor Relations Disclaimer This document, which has been issued
More informationRoadshow Presentation New York, September 18-19, 2014
Roadshow Presentation New York, September 18-19, 2014 Dr Mathias Döpfner, Chairman & CEO Dr Julian Deutz, CFO Daniel Fard-Yazdani, Co-Head of Investor Relations Disclaimer This document, which has been
More informationMorgan Stanley Technology, Media & Telecoms Conference Barcelona, November 19-20, 2014
Morgan Stanley Technology, Media & Telecoms Conference Barcelona, November 19-20, 2014 Dr Mathias Döpfner, Chairman & CEO Dr Julian Deutz, CFO Daniel Fard-Yazdani, Co-Head of Investor Relations Disclaimer
More informationQuarterly Statement as of March 31, 2017
Quarterly Statement as of March 31, 2017 7 Group Key Figures in millions Q1/2017 Q1/2016 Change Group Segments Revenues Liquidity and financial position Share-related key figures 6) Average number of employees
More informationRoadshow with equinet Bank in Frankfurt, March 16, 2016
Roadshow with equinet Bank in Frankfurt, March 16, 2016 Dr Mathias Döpfner, Chairman & CEO Dr Julian Deutz, CFO Daniel Fard-Yazdani, Co-Head of Investor Relations Disclaimer This document, which has been
More informationCheuvreux German Corporate Conference 2009
Cheuvreux German Corporate Conference 2009 Frankfurt, January, 2009 Dr. Mathias Döpfner, Chairman and CEO Overview Axel Springer Axel Springer is the only German multimedia stock 1 2 3 Revenues of 2,577.9m
More informationQuarterly Statement as of September 30, 2018
Quarterly Statement as of September 30, 2018 8 Group Key Figures 3 rd Quarter 9 Months in millions Q3/2018 Q3/2017 Change 9M/2018 9M/2017 Change Group Revenues 1) 765.1 747.9 2.3 % 2,326.0 2,222.0 4.7
More informationQuarterly Statement as of September 30, 2016
6 Quarterly Statement as of September 30, 2016 Group Key Figures 3 rd Quarter 9 Months millions Q3/2016 Q3/2015 Change 9M/2016 9M/2015 Change Group Revenues 801.5 795.4 0.8 % 2,386.8 2,372.7 0.6 % Digital
More informationRoadshow Presentation
Roadshow Presentation May 2006 AXEL SPRINGER AG EBITA/Net income from 1985 to 2005 1) EBITA and net income on all-time high after sucessful turnaround 400 338 300 287 243 2) 231 200 151 100 41 148 0 31
More informationQuarterly Statement as of September 30, 2017
Quarterly Statement as of September 30, 2017 7 Group Key Figures in millions Q3/2017 Q3/2016 Change 9M/2017 9M/2016 Change Group Segments 3) Revenues Liquidity and financial position Share-related key
More informationCompany presentation
Company presentation Morgan Stanley Consumer Magazine Day London, October 1, 2007 AXEL SPRINGER AG Andreas Wiele President Magazines and International, Member of the Management Board Axel Springer is the
More informationAnnual General Meeting April 14, Dr Mathias Döpfner Chairman and Chief Executive Officer, Axel Springer AG
Annual General Meeting April 14, 2011 Dr Mathias Döpfner Chairman and Chief Executive Officer, Axel Springer AG Highlights of the record year 2010 for Axel Springer 1. 2. 3. 4. 5. 6. 7. Group revenues
More informationAxel Springer AG. Company Presentation. November 2005
Axel Springer AG Company Presentation November 2005 EBITA / Net Income from 1985 to 2004 in EURm 1) Successful turnaround story and EBITA on all-time high 336 287 262 223 217 215 167 113 96 80 89 101 134
More informationQuarterly Financial Report
3 Quarterly Financial Report as of September 30, 2013 Group Key Figures Quarterly Financial Report as of September 30, 2013 Axel Springer AG 2 3rd Quarter 9 Months millions Q3/2013 Q3/2012 Change 9M/2013
More informationRoadshow. London, March 28/29, 2018
Roadshow London, March 28/29, 2018 Disclaimer This document, which has been issued by Axel Springer SE (the "Company"), comprises the written materials/slides for a presentation of the management. Whilst
More informationCapital Markets Day ProSiebenSat.1 Media AG. Financials. Axel Salzmann, October 5, 2011
Capital Markets Day ProSiebenSat.1 Media AG Financials Axel Salzmann, October 5, 211 P7S1 has transformed its financial profile 1 We achieved a significant cost reduction and margin uplift 2 We optimized
More informationUniCredit / Kepler Cheuvreux German Corporate Conference 2018
UniCredit / Kepler Cheuvreux German Corporate Conference 2018 Frankfurt, January 15, 2018 Dr Julian Deutz, CFO Claudia Thomé, Co-Head of Investor Relations Disclaimer This document, which has been issued
More informationInterim Financial Report
7 Interim Financial Report as of June 30, 2017 Group Key Figures in millions Q2/2017 Q2/2016 Change H1/2017 H1/2016 Change Group Segments Revenues Liquidity and financial position Share-related key figures
More informationBerenberg Goldman Sachs Sixth German Corporate Conference
Berenberg Goldman Sachs Sixth German Corporate Conference Munich, September 18, 2017 Dr Julian Deutz, CFO Daniel Fard-Yazdani, Co-Head Investor Relations Disclaimer This document, which has been issued
More informationThe power of television
The power of television November 3, 2016 Q3 2016 Press Presentation October 13, 2016 The power of television November 3, 2016 Q3 2016 At a Glance Thomas Ebeling Chief Executive Officer Press Presentation
More informationInvestor Presentation
Investor Presentation (NASDAQ: TRIP) Q3 2012 Safe Harbor Statement Forward-Looking Statements. Our presentation today, including the slides contained herein, contains "forward-looking statements" within
More informationFACT SHEET Q1 2018/19
FACT SHEET Q 208/9 Sales adjusted for currency effects and portfolio changes grew by +2.8%; reported sales increased by +.7% to 6,879 m (+2.4% on a like-for-like basis); sound sales momentum with market
More informationCompany presentation. August Dr Julian Deutz, CFO xxx
Company presentation Dr Julian Deutz, CFO xxx Disclaimer This document, which has been issued by Axel Springer SE (the "Company"), comprises the written materials/slides for a presentation of the management.
More informationQ th May 2017 Ströer SE & Co. KGaA
Q1 2017 11th May 2017 Ströer SE & Co. KGaA Results Q1 2017 EURm Q1 2017 Q1 2016 Revenues Reported (1) 281.2 226.2 +24% Organic (2) 8.8% 11.5% -2.6%pts Operational EBITDA 55.6 46.2 +20% Operational EBITDA
More informationFY18 RESULTS PRESENTATION. February 26 th, 2019
FY18 RESULTS PRESENTATION February 26 th, 2019 0 Disclaimer The information contained in this presentation has not been independently verified and is, in any case, subject to negotiation, changes and modifications.
More informationB. Riley FBR Investor Conference May 24, 2018
B. Riley FBR Investor Conference May 24, 2018 Safe Harbor Statement Forward-Looking Statements All statements other than statements of historical fact are forward-looking statements. These forward-looking
More informationGannett. Company Overview July 2016
Gannett Company Overview July 2016 FORWARD-LOOKING STATEMENTS Certain statements in this presentation may be forward looking in nature or constitute forward-looking statements as defined in the Private
More information1Q 2013 INVESTOR PRESENTATION
1Q 2013 INVESTOR PRESENTATION APRIL 2013 FORWARD-LOOKING STATEMENTS The following discussion contains forward-looking statements, including those about Nielsen s outlook and prospects, in the meaning of
More informationJuly 26, 2017 LafargeHolcim Ltd 2015
Second Quarter 2017 Results Beat Hess, Chairman and Interim CEO Roland Köhler, Interim COO and Regional Head of Europe, Australia/NZ & Trading Ron Wirahadiraksa, CFO July 26, 2017 LafargeHolcim Ltd 2015
More informationCompany Presentation. March 2018 Ströer SE & Co. KGaA
Company Presentation March 2018 Ströer SE & Co. KGaA INDEX 01 02 03 04 Company Overview Financials and Strategy Guidance 2018 Financial Calendar 2 Ströer At a Glance 2018 Multichannel Media Sales House
More informationContents. 76 Report of the Supervisory Board. 4 Foreword
Annual Report 3 Contents 4 Foreword 76 Report of the Supervisory Board 6 Executive Board 8 The Axel Springer share 10 Combined Management Report 12 Fundamentals of the Axel Springer Group 22 Economic report
More information1Q18 Results. Investors Presentation. Ernesto Mauri CEO Oddone Pozzi CFO. Segrate, 15 May 2018 GRUPPO MONDADORI
1Q18 Results Investors Presentation Ernesto Mauri CEO Oddone Pozzi CFO Segrate, 15 May 2018 AGENDA 1. 1Q 2018 Results 2. 1Q 2018 Business 3. 1Q 2018 Headcount 4. FY 2018 Outlook Disclaimer Beginning from
More information1H18 Results. Investors Presentation. Ernesto Mauri CEO Oddone Pozzi CFO. Segrate, 31 July 2018 GRUPPO MONDADORI
1H18 Results Investors Presentation Ernesto Mauri CEO Oddone Pozzi CFO Segrate, 31 July 2018 AGENDA 1. 1H 2018 Highlights 2. 1H 2018 Results 3. 1H 2018 Business 4. FY 2018 Outlook Disclaimer Beginning
More informationRCS MediaGroup First Half Results. J.P. Morgan Italian Conference Milano, September 29, 2014
RCS MediaGroup 2014 First Half Results J.P. Morgan Italian Conference Milano, September 29, 2014 Agenda Highlights Market & Business Trends 2014 First Half Results Business Units Focus 2 1H 2014 Delivery
More information9M 2018 RESULTS PRESENTATION. October 30 th, 2018
9M 2018 RESULTS PRESENTATION October 30 th, 2018 0 Disclaimer The information contained in this presentation has not been independently verified and is, in any case, subject to negotiation, changes and
More informationFY17 Results. Investors Presentation. Ernesto Mauri CEO Oddone Pozzi CFO. Milan, 13th March 2018
FY17 Results Investors Presentation Ernesto Mauri CEO Oddone Pozzi CFO Milan, 13th March 2018 AGENDA 1. FY 2017 Highlights 2. FY 2017 Results 3. FY 2017 Headcount 4. FY 2018/2019 Outlook 5. FY 2017 Business
More informationHürriyet Investor Presentation. July 2007
Hürriyet Investor Presentation July 2007 1 Notice This presentation does not constitute an offer or invitation to purchase or subscription for any securities and no part of it shall form the basis of or
More information1 INVESTOR PRESENTATION INCLUDES: INCLUDES: INCLUDES: 3 INVESTOR PRESENTATION 4 INVESTOR PRESENTATION 5 INVESTOR PRESENTATION Positioning Domain Group as a strong platform at the centre of the real estate
More informationBank of America Merrill Lynch Technology Conference
Bank of America Merrill Lynch Technology Conference NASDAQ - TRIP 5/9/2012 Safe Harbor Statement Forward-Looking Statements. Our presentation today, including the slides contained herein, contains "forward-looking
More informationPreliminary Figures FY February 2017 Ströer SE & Co. KGaA
Preliminary Figures FY 2016 22 February 2017 Ströer SE & Co. KGaA Preliminary Results FY 2016 EURm FY 2016 Q4 2016 Revenues Reported (1) 1,123.3 +36% 357.6 +32% Organic (2) +7.2% +6.9% Operational EBITDA
More informationEuskaltel 1H15 update and R Cable transaction. 28 July 2015
Euskaltel 1H15 update and R Cable transaction 28 July 2015 0 Strong momentum across our residential KPIs Inflexion point in Residential subs Residential subs (1) ( 000) 3P & 4P % of total subs Annual churn
More informationQ1 2017/18 RESULTS PRESENTATION. 13 February 2018
Q1 2017/18 RESULTS PRESENTATION 13 February 2018 DISCLAIMER AND NOTES To the extent that statements in this presentation do not relate to historical or current facts, they constitute forward-looking statements.
More informationReview of FY 2012 Results 5 April 2013
Review of FY 2012 Results 5 April 2013 From a leading newspaper to a 7/24 Hürriyet World 2 FY12 Major Developments 3 2012 : A Year of Transformation Leadership is hard to achieve, sustaining leadership
More informationKION Q3 UPDATE CALL Gordon Riske, CEO Thomas Toepfer, CFO Wiesbaden, 14 November 2013
KION Q3 UPDATE CALL 2013 Gordon Riske, CEO Thomas Toepfer, CFO Wiesbaden, 14 November 2013 AGENDA 1 Highlights 2013 Gordon Riske 2 Financial Update Thomas Toepfer 3 Outlook Gordon Riske 14 November 2013
More informationSTRATEGICALLY POSITIONED FOR GROWTH.
STRATEGICALLY POSITIONED FOR GROWTH. ANNUAL REPORT 2017 SHOP APOTHEKE EUROPE N.V. DR. ULRICH WANDEL, CFO 12 MARCH 2018 DISCLAIMER. 2 THIS PRESENTATION AND ITS CONTENTS ARE NOT FOR RELEASE, PUBLICATION
More informationInvestor Presentation
Investor Presentation (NASDAQ: TRIP) Q4 2012 Safe Harbor Statement Forward-Looking Statements. Our presentation today, including the slides contained herein, contains "forward-looking statements" within
More informationDEUTSCHE TELEKOM Q2/14 Results
DEUTSCHE TELEKOM Results DISCLAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forwardlooking
More informationThird Quarter 2017 Results Jan Jenisch, CEO Ron Wirahadiraksa, CFO. October 27, 2017 LafargeHolcim Ltd 2015
Third Quarter 2017 Results Jan Jenisch, CEO Ron Wirahadiraksa, CFO October 27, 2017 LafargeHolcim Ltd 2015 01 Initial views Q3 2017 and Outlook Jan Jenisch, Chief Executive Officer 2017 LafargeHolcim 2
More informationResults for January - September November 2008
Results for January - September 2008 11 November 2008 Unbeatable Position for Capturing Growth Financial strength and business strength Capacity for strategy execution Sound financial position Flexible
More informationFY 2017 Results STAR Conference
FY 2017 Results STAR Conference Investors Presentation Milan, 27 th and 28 th March 2018 Mondadori in a nutshell Business Books Retail Magazines Italy Magazines France Brands % on 2017 Group sales 2017
More informationResults Presentation 2012 Lippert/Heilshorn & Associates Roadshow Ströer Media AG 9-11 April 2013, Boston / New York
1 Results Presentation 2012 Lippert/Heilshorn & Associates Roadshow Ströer Media AG 9-11 April 2013, Boston / New York Ströer group developments in 2012 FY organic revenue growth (-4.0%) and operational
More informationQ Interim results
Q3 28 Interim results Guillaume de Posch, Chief Executive Officer Patrick Tillieux, Chief Operating Officer Axel Salzmann, Chief Financial Officer Munich, November 6, 28 1 ProSiebenSat.1 Group: Interim
More informationQ4/FY 2014 RESULTS PRESENTATION. 25 th March 2015 Ströer Media SE
Q4/FY 2014 RESULTS PRESENTATION 25 th March 2015 Ströer Media SE Agenda Q4/FY 2014 1 Key developments - Udo Müller, CEO 2 Operational highlights - Christian Schmalzl, COO 3 Financials - Dr. Bernd Metzner,
More informationStrategy 2013 highlights. Business. segments
1 1 2 3 4 2014 Full-year Group Business Outlook 2014 Strategy 2013 highlights financials segments update 2 1 2 3 4 Revenue Cash conversion rate YoY growth: +6.9% EBITA Margin YoY growth: +4.7% Reported
More informationAgenda. I. FY11 Highlights 4 II. Publishing 8 III. Broadcasting 13. V. Investments & Financing 24 VI. Outlook 27
Business Review & FY11 Financial Results Apr 11, 2011 www.dyh.com.tr Notice The financial statements are reclassed for presentation purposes, the CMB format is also available through ISE and DYH websites.
More informationDeutsche Bank 24 th Annual Media, Internet & Telcom Conference. March 8, 2016
Deutsche Bank 24 th Annual Media, Internet & Telcom Conference March 8, 2016 Safe Harbor for Forward-Looking Statements Certain statements in this presentation are forward-looking statements within the
More informationFY 2017 Results Rocket Internet Group & Selected Companies 13 APRIL 2018
FY Results Rocket Internet Group & Selected Companies 13 APRIL 2018 Disclaimer This document is being presented solely for informational purposes and should not be treated as giving investment advice.
More informationCompany Presentation. September 2016
Company Presentation September 216 Forward Looking Statement Disclaimer This presentation contains forward-looking statements that involve risks and uncertainties. These include statements regarding the
More informationEarnings Call Q4 and FY February 2017
Earnings Call Q4 and FY 2016 24 February 2017 Disclaimer The following applies to the information following this page, which is the information of trivago N.V. and its subsidiaries. This presentation shall
More informationScout24 AG FY 2016 Results Conference Call
www.scout24.com Scout24 AG FY 2016 Results Conference Call March 29, 2017 Disclaimer This document has been issued by Scout24 AG (the Company and, together with its direct and indirect subsidiaries, the
More informationLondon, 6 September 2018
London, 6 September 2018 NOTICE TO RECIPIENTS This presentation and any materials distributed in connection herewith (together, the Presentation ) have been prepared by Douglas GmbH (the Company ) solely
More informationQ Results. Lars Brorsen (CEO) Christoph Hobo (CFO) November 22, 2018
Q3 2018 Results Lars Brorsen (CEO) Christoph Hobo (CFO) November 22, 2018 Agenda 1. Highlights Q3 2018 2. Market outlook 3. Detailed results review 4. Company outlook 5. Q&A Appendix 1 Business summary
More informationStröer Out-of-Home Media AG Company Presentation Commerzbank AG Roadshow 21 st November 2012, Frankfurt
1 Ströer Out-of-Home Media AG Company Presentation Commerzbank AG Roadshow 21 st November 2012, Frankfurt Ströer developments in Q3 2012 Group organic revenue growth rate at -5.4% Sales increase in German
More informationQ Results. May 2015
Q1 2015 Results May 2015 Safe Harbor Forward-Looking Statements. Our presentation today, including the slides contained herein, contains "forwardlooking statements" within the meaning of the Private Securities
More informationFY 2015 RESULTS PRESENTATION. Madrid, 29 th February 2016
FY 2015 RESULTS PRESENTATION Madrid, 29 th February 2016 Disclaimer In addition to figures prepared in accordance with IFRS, PRISA presents non-gaap financial performance measures, e.g., EBITDA, EBITDA
More informationInvestor Presentation
Investor Presentation (NASDAQ: TRIP) Q2 2013 Safe Harbor Statement Forward-Looking Statements. Our presentation today, including the slides contained herein, contains "forward-looking statements" within
More informationBUSINESS AND FINANCIAL REVIEW JANUARY DECEMBER Analyst presentation 21 FEBRUARY 2018
BUSINESS AND FINANCIAL REVIEW JANUARY DECEMBER 2017 Analyst presentation 21 FEBRUARY 2018 Disclaimer These materials and the oral presentation do not constitute or form part of any offer or invitation
More information2017 GENERAL MEETING. Arnaud Lagardère General and Managing Partner. 4 May 2017
2017 GENERAL MEETING Arnaud Lagardère General and Managing Partner 4 May 2017 CONTENTS 1 2 3 4 OUR MARKETS AND TRENDS OUR GROUP TODAY OUR VALUE CREATION STRATEGY OUR PERFORMANCE 5 OUR OUTLOOK 2 OUR MARKETS
More information2011 Interim Result. 18 August CEO Brett Chenoweth CFO Peter Myers
2011 Interim Result 18 August 2011 CEO Brett Chenoweth CFO Peter Myers 1 Key financial results H1 2011 (pre-exceptionals) AUD millions June 2011 Δ% Revenue 508.1 0% EBITDA 85.0 (22%) EBIT 66.5 (24%) NPAT
More informationCAGNY Conference. February 22, 2018
CAGNY Conference February 22, 2018 Disclaimer This presentation has been prepared and issued by Nomad Foods Limited (the "Company"). This Presentation has been provided solely for information and background.
More informationAlma Media Q4 and FY2014. Kai Telanne, President and CEO Juha Nuutinen, CFO 13 February 2015
Alma Media Q4 and FY2014 Kai Telanne, President and CEO Juha Nuutinen, CFO 13 February 2015 Agenda Highlights Market development Financial development Dividend proposal Strategy and outlook Q & A 2 Q4/2014
More informationQ Trading Update. May 4, 2016
Q1 2016 Trading Update May 4, 2016 Forward looking statements This Presentation may include forward-looking statements. Forward-looking statements are statements regarding or based upon our management
More informationReview of 1H13 Results 23 August 2013
Review of 1H13 Results 23 August 2013 2Q13 : Highlights #1 National online player in Turkey Outstanding domestic online revenue growth of 35% in 1Q13 is continued in 2Q13 3 mn TL EBITDA improvement in
More informationReview of 9M12 Results
Review of Results 13November 2012 Notice This presentation does not constitute an offer or invitation to purchase or subscription for any securities and no part of it shall form the basis of or be relied
More informationNOT FINANCIAL PRODUCT ADVICE
1 SUMMARY INFORMATION This presentation contains summary information about Fairfax Media Limited and its activities current as at 16 August 2017. The information in this presentation is of a general background
More informationQ Results presentation
Q1 2016 Results presentation 12 May 2016 1 Disclaimer This presentation (the "Presentation") has been prepared and is issued by, and is the sole responsibility of Telepizza Group, S.A. ( Telepizza" or
More informationWilliam Blair Growth Stock Conference. June 13, 2012
NLSN @ William Blair Growth Stock Conference June 13, 2012 Forward Looking Statements The following discussion contains forward-looking statements, including those about Nielsen s outlook and prospects,
More informationDEUTSCHE TELEKOM CAPITAL MARKETS DAY 2012 GROUP STRATEGY & OUTLOOK RENÉ OBERMANN
DEUTSCHE TELEKOM CAPITAL MARKETS DAY 2012 GROUP STRATEGY & OUTLOOK RENÉ OBERMANN DISCLAIMER. This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management
More information1H16 Results 26 July 2016
Results 26 July 2016 1 Disclaimer This document contains forward-looking statements regarding intention, expectations or estimates of the Company or its management at the date of issue thereof, relating
More informationPostmedia to Acquire Sun Media s English Language Newspapers and Digital Properties
Postmedia to Acquire Sun Media s English Language Newspapers and Digital Properties October 6, 2014 (TORONTO) Postmedia Network Canada Corp. ( Postmedia or the Company ) today announced it has entered
More informationBusiness Review & FY12 Financial Results
Business Review & FY12 Financial Results Apr 12, 2013 www.dyh.com.tr Notice The financial statements are reclassed for presentation purposes, the CMB format is also available through ISE and DYH websites.
More informationPostmedia Network Canada Corp. Q1 F2016 Investor and Analyst Conference Call January 13, 2016
Postmedia Network Canada Corp. Q1 F2016 Investor and Analyst Conference Call January 13, 2016 Forward Looking Statements This presentation may include certain information that is forward-looking information
More informationTURKEY: RECENT DEVELOPMENTS January September 2018
TURKEY: RECENT DEVELOPMENTS January September 218 3 81 4 698 961 7 34 7 96 9 66 8 98 1 931 1 6 11 11 88 11 19 1 883 1 97 12 48 12 112 Per capita GDP tripled while nominal GDP quadrupled in last 1 years
More informationContents. 82 Report of the Supervisory Board. 4 Foreword. 90 Consolidated Financial Statements. 6 Executive Board
Annual Report 7 Contents 4 Foreword 6 Executive Board 8 The Axel Springer share 10 Combined Management Report 12 Fundamentals of the Axel Springer Group 22 Economic Report 39 Economic Position of 42 Report
More informationFor personal use only
Full Year 2017 Results Presentation February 2018 A leading player in the global online classifieds industry FY2017 was another year of strong profitable growth for Mitula Revenue +20% A$33.6m Visits 807m
More informationThe power of television
The power of television Capital Markets Day October 13, 2016 Financials Dr. Gunnar Wiedenfels We have made significant progress since last year s Capital Markets Day Revenue growth 1) Rec. EBITDA increase
More informationH Results for Rocket Internet Group & Selected Companies 20 SEPTEMBER 2018
H1 Results for Rocket Internet Group & Selected Companies 20 SEPTEMBER Disclaimer This document is being presented solely for informational purposes and should not be treated as giving investment advice.
More informationCABOT CREDIT MANAGEMENT Financial Results. For the nine months ended 30 September 2018
CABOT CREDIT MANAGEMENT Financial Results For the nine months ended 30 September 2018 8 November 2018 DISCLAIMER This presentation has been prepared by Cabot Credit Management ( the Company ) solely for
More informationSanoma acquires Iddink, a leading Dutch educational platform and service provider
Sanoma acquires Iddink, a leading Dutch educational platform and service provider News conference, 12 December 2018 Susan Duinhoven, President & CEO Markus Holm, CFO & COO Iddink provides Sanoma Learning
More informationFull-year results Cologne, 10 March Entertain. Inform. Engage.
Full-year results 2015 Cologne, 10 March 2016 Entertain. Inform. Engage. Agenda 1 2 3 4 2016 Full-year 2015 highlights Group financials Business update Strategy & Outlook 2016 2 Highlights 2015 in a nutshell
More informationCompany Presentation. October 2018 Ströer SE & Co. KGaA
Company Presentation October 2018 Ströer SE & Co. KGaA INDEX Q2 2018 01 02 03 04 05 Overview Challenges Segment Update Financial Update Appendix 2 The most customer-centric, multi-channel media company
More information