Credit Suisse Swiss Equities Mid-Cap Conference Zurich, November 21, 2014 Dr. Brice Koch, CEO Oerlikon Group
|
|
- Fay Beasley
- 6 years ago
- Views:
Transcription
1 Credit Suisse Swiss Equities Mid-Cap Conference 2014 Zurich, November 21, 2014 Dr. Brice Koch, CEO Oerlikon Group
2 Agenda 1 Current status 2 Roadmap for the Segments 3 Positioning of the Group outlook 5 Back-up Page 2
3 Oerlikon a global industrial player Oerlikon Group * Manmade Fibers Segment Drive Systems Segment Vacuum Segment Surface Solutions Segment * Advanced Technologies Segment Sales: CHF 3 591m EBIT: CHF 437m CHF 1 130m CHF 734m CHF 396m CHF 1 218m CHF 113m CHF 188m CHF 26m CHF 41m CHF 176m CHF 4m ~ employees > 170 locations 35 countries ~CHF 146m in R&D * 2013 pro-forma figures; Surface Solutions Segment incl. Oerlikon Metco (Metco transaction closed on June 2, 2014) Page 3
4 The Oerlikon Group from various angles* Segment split Regional split Service business Employees 34% 3% 31% 38% 4% 40% 26% 38% 1% 16% 1% 11% 20% 18% 74% 10% 34% Sales: CHF 3 591m Sales: CHF 3 591m Sales: CHF 3 591m ~ employees Manmade Fibers Drive Systems Vacuum Surface Solutions Adv. Technologies Asia / Pacific North America Europe Rest of World Goods, Equipment & Components Service & Spare Parts Manmade Fibers Drive Systems Vacuum Surface Solutions Adv. Technologies Corporate * 2013 pro-forma figures incl. Oerlikon Metco Page 4
5 The Oerlikon Group has undergone a major transformation in the past three years Starting point Manmade Textile Fibers Segment Segment Drive Systems Segment Vacuum Segment Coating Segment Advanced Technologies Segment Solar Segment Page 5
6 The Oerlikon Group has undergone a major transformation in the past three years Today Surface Solutions Segment Manmade Fibers Segment Drive Systems Segment Vacuum Segment Advanced Technologies Segment Additional structural measures: Carding and Melco business sold (former Textile Segment) Footprint optimization in Drive Systems Segment Rox acquisition (regrinding business) in Surface Solutions Segment Page 6
7 Today s structure and performance is the result of... Streamlining of portfolio Divestment of non-operating assets Reduction of cyclicality, volatility and complexity Operational & financial restructuring Reduction of break even costs Operational excellence initiatives to sustainably increase profitability Repositioning of balance sheet Syndicated credit line and three Swiss bonds Unleveraged balance sheet to maintain financial flexibility Investment in organic and inorganic growth Disciplined use of cash and balance sheet capacity as premise for all actions Metco as first major transaction in the context of strengthening around core competencies Page 7
8 Agenda 1 Current status 2 Roadmap for the Segments 3 Positioning of the Group outlook 5 Back-up Page 8
9 Roadmap for Surface Solutions Segment Challenge Speed of new/ combined technologies penetration Opportunities Market penetration: New applications/ solutions in growing end markets Combined R&D strength: Development of multi-layer surface solutions Areas of action Secure Metco integration with dedicated team with detailed actions plan Accelerate synergies realization Page 9
10 Non-cash items Cash items Financial impact of Metco transaction Confirming our cost assessments Top-line synergies Cost synergies (cumulative) <CHF 5 million ~CHF 5 million >CHF 10 million Transaction costs >CHF 20 million, thereof CHF 6 million already booked in 2013 Integration costs >CHF 10 million >CHF 10 million <CHF 10 million Inventory step up >CHF 20 million as of closing Amortization of acquired identified intangibles assets >CHF 20 million >CHF 30 million >CHF 30 million >CHF 30 million H1 14 H ff Page 10
11 Surface Solutions Segment expected to grow ~2x GDP with profitability expansion Sales CAGR: ~2x global GDP around 1,500 1,218 Mid-term expectation Surface Solutions Segment Based on a current global GDP growth assumption of ~3 % EBITDA FY 2013 pro-forma Incl. full absorption of one-time transaction/integration costs and acquisition accounting effects 14.6% 2017E around 22.0% current trading 2017E EBIT Incl. full absorption of one-time transaction/integration costs and acquisition accounting effects 5.7% current trading around 14.5% 2017E Page 11
12 Roadmap for Manmade Fibers Segment Challenge Approaching end of the current 5-year plan (FYP) in China Orders normalizing after the peak levels in 2013 Opportunities Increased installed base Preliminary indications on potential content of 13 th Chinese FYP*: Chemical fibers (high- and new-tech fibers) Develop substitutions for natural fibers Industrial textile proportion in textile industry to exceed 30 % (25 % in 12 th FYP) Areas of action Increase service/ after sales business Leverage regions outside China Expand value chain around core competencies Accelerate innovations * Source: EAC International Consulting: Early Indications on China s 13 th Five Year Plan Page 12
13 Roadmap for Drive Systems Segment Challenge End market performance (agriculture, mining, gas fracking) Operational performance Opportunities Hybridization and E-Drives Start of production of 3 rd plant in India in 2015 to address local demand Areas of action Streamline organization (integration) Further reduce cost base Focus product portfolio Increase value added Leverage global footprint Page 13
14 Roadmap for Vacuum Segment Challenge End market development (i.e. process industry) Profitability Scale/ volume Opportunities High-tech applications for vacuum technologies and solutions New applications in new industries Areas of action Innovation Operational excellence Service and distribution network Page 14
15 Roadmap for Advanced Technologies Segment Challenge Strong market consolidation Adoption of new technologies (nanotechnology) Opportunities Internet of things Digitalization Areas of action Innovation Cost discipline Page 15
16 Agenda 1 Current status 2 Roadmap for the Segments 3 Positioning of the Group outlook 5 Back-up Page 16
17 Looking at future development of Oerlikon from three different perspectives Technology perspective: Invest into complementary or adjacent technologies (organic and inorganic) to strengthen existing portfolio (e.g. Metco transaction) Technologies Deposition technology Yarn formation technology incl. polycondensation Materials technology High rotation speed, torque & balancing technologies Future direction of Oerlikon Megatrends Resource scarcity Productivity increase Global mobility Environmental sustainability Competencies (Process) Engineering Materials and surfaces characteristics Precision machinery & equipment Customers domain knowledge Services expertise Competencies perspective: Use existing competencies to enhance product and services offering Megatrends: Foster products and services offerings supporting and leveraging visible and sustainable megatrends Page 17
18 What does this mean for Oerlikon? Oerlikon will: leverage and strengthen Best-in-Class businesses improve businesses which are not yet Best-in-Class leverage attractive end-markets balance market exposure (regions and end-markets) further strengthen its core competencies further reduce cyclicality and volatility use its cash in a disciplined and value accretive way Page 18
19 Metco transaction in the context of the Group strategy Technologies Deposition technology Yarn formation technology incl. polycondensation Materials technology High rotation speed, torque & balancing technologies Future direction of Oerlikon Competencies (Process) Engineering Materials and surfaces characteristics Precision machinery & equipment Customers domain knowledge Services expertise Megatrends Resource scarcity Productivity increase Global mobility Environmental sustainability The Metco acquisition strengthens Oerlikon from a technological, competencies and megatrends exposure point of view! Page 19
20 Agenda 1 Current status 2 Roadmap for the Segments 3 Positioning of the Group outlook 5 Back-up Page 20
21 2014 outlook for the Oerlikon Group confirmed Upside on profitability >15% Consolidation of Metco for 7 months Sales 2, reported 2014E 2014 Group Guidance Consolidating Metco for seven months and with full absorption of Metco impacts, Oerlikon expects, compared to 2013 reported figures based on stable exchange rates: Order intake growth to exceed 10 % Sales growth to exceed 15 % EBITDA 1 margin to exceed 15 % EBIT 1 margin to exceed 10 % EBITDA EBIT reported reported >15% margin prev.: around 15% 2014E >10% margin prev.: around 10% 2014E Impacted by Metco transaction (one-offs) Gross margin effect from inventory step-up Transaction costs Integration costs Impacted by Metco transaction One-offs (same as for EBITDA) Amortization of acquired identifiable intangible assets 1 including full absorption of all related transaction/integration costs and acquisition accounting effects Page 21
22 Thank you. Page 22
23 Agenda 1 Current status 2 Roadmap for the Segments 3 Positioning of the Group outlook 5 Back-up Page 23
24 Oerlikon delivers strong sales growth and order intake in Q Order intake Sales EBITDA (margin) EBIT (margin) in CHF million in CHF million in CHF million; in % of sales in CHF million; in % of sales 18.7% % % 15.6% % % 10.2% % 90 Q Q Q Q Q at stable FX Q Q Q Q Strong sales growth of 25.8 % and order intake up 18.7 % in Q At stable exchange rates sales increased by 28.3% EBITDA margin of 15.6 % and double-digit EBIT margin (10.2 %) for the 11th consecutive quarter absorbing acquisition accounting effects and one-time integration costs related to Metco transaction Page 24
25 FX impact on Sales, EBIT and EBIT margin Oerlikon Group Sales Q in CHF million Oerlikon Group EBIT Q in CHF million % % EBIT margin in % Q Transaction effects Translation effects Q FX impact adj. Q Transaction effects Translation effects Q FX impact adj. Devaluation of currencies (INR, USD, CNY) EUR with minor deviation against CHF 1.9 % currency impact on sales Impact on EBIT margin negligible Page 25
26 Surface Solutions Segment Overview 1 Surface Solutions Strategic position: Two business units: Oerlikon Balzers and Oerlikon Metco Oerlikon Balzers is the technology leader in Thin Film (PVD) coatings Oerlikon Metco (transaction closed on June 2, 2014) is the technology leader in Thicker Layer Coating (Thermal Spray) Extension of product offer to new coatings and services Market drivers Competitive landscape Customer base Automotive and aerospace sales Usage of adv. surface solutions in various sub-segments for functional and decorative enhancements (watches, medical, aerospace) Substitution of chrome-plating technology on automotive Oerlikon Balzers undisputed technology leader in PVD (Physical Vapor Deposition) coating Oerlikon Metco undisputed technology leader in Thermal Spray (materials and equipment business) Broad customer base worldwide Over 110 coating centers in 35 countries 1 former Coating Segment (before acquisition of Oerlikon Metco) Page 26
27 Leading surface technologies Bulk treatment Surface treatment HEAT TREATMENT HARDENING NITRIDING Plasma nitriding THIN FILM COATING PVD PECVD (PACVD) THICKER LAYER COATING Thermal Spray With the acquisition of Metco Oerlikon covers a broad range of surface treatment technologies Page 27
28 Products Markets served Surface Solutions Segment Leading surface treatment technologies Transportation Tooling Energy General Industry Aviation Automotive Marine Cutting tools for metal machining Forming tools for metal and plastic processing Oil & Gas Power generation Food Pulp & Paper Watches Pharmaceuticals Packaging Consumer goods (e.g. watches) Medical technology Plasma Nitriding Thin Film coatings Thicker Layer coatings Plastic Metallization (epd) Thin Film coatings Plasma Nitriding Thin Film coatings Thicker Layer coatings Plasma Nitriding Thin Film coatings Thicker Layer coatings Page 28
29 Key rationale for Metco deal Creating the global technology leader in surface solutions Combining leading surface technologies Business model Access to end markets Leverage service footprint Balzers with the leading position in Thin Film Coating Metco with the leading position in Thermal Spray Adjacent technologies create a unique global product and service portfolio Customers will be able to develop the best surface solution with one single partner / R&D team Balzers with dedicated service business model and service DNA Metco focused on providing equipment and materials Strengthening the Thermal Spray and Plasma Nitriding services through Balzers proven service experience and global network Increase addressable market to some CHF 9 billion with attractive forecasted growth of more than 5% p.a. Balzers with strong position in automotive, tooling & general industry Deepening access to end markets like aerospace and power generation using Metco s applications know-how Combined network of over 110 coating centers worldwide Globally balanced footprint Leverage stronger Metco footprint in the US Balzers established position in China and India to support market access for Metco Page 29
30 Surface Solutions Segment Q performance in CHF million Q Q Δ Order intake >100 % Key figures Sales (to 3 rd parties) >100 % EBITDA % EBITDA margin % 28.9 % pp EBIT % EBIT margin % 20.4 % pp Asia / Pacific 26% North America RoW 18% 5% Sales Q % Europe Market development Continued growth in services Automotive and tooling industry in Europe, Asia and the United States as driver Solid demand in aviation (some softening in MRO) and growth in the power generation as well as oil & gas industries General Industry Power Generation 21% 12% 6% Sales Q % 23% Aviation Automotive Tooling Operational performance 1 as % of sales; 2 excl. Oerlikon Metco (transaction closed on June 2, 2014) Metco integration well on track Underlying sales growth and continued high underlying profitability Segment profitability impacted by acquisition accounting effects and one-time transaction/integration costs Page 30
31 Surface Solutions Segment Financial impact Financial impact on Surface Solutions Segment Q3 accounts: Transaction/integration costs of ~CHF 6 million Inventory step up of ~CHF 13 million Amortization of acquired identifiable intangible assets of ~CHF 8 million Back-up: Financial impact on Surface Solutions Segment Q2 accounts: Transaction costs of ~CHF 13 million Inventory step up of ~CHF 10 million Amortization of acquired identifiable intangible assets of ~CHF 3 million Page 31
32 Non-cash items Amortization Inventory step up Cash items Transaction & Integration costs Sept. 30, 2014 Financial impact of Metco transaction Reality check Reality check as of Sept. 30, 2014 Guidance FY 2014: > CHF 24m YTD: CHF 19m Transaction costs >CHF 20 million, thereof CHF 6 million already booked in 2013 >CHF 10 million Integration costs Guidance FY 2014: >CHF 20m YTD: CHF 23m Inventory step up >CHF 20 million as of closing Guidance FY 2014: >CHF 20m H1 14 H2 14 Amortization of acquired YTD: identified CHF 11m intangibles assets >CHF 20 million Page 32
33 Manmade Fibers Segment Overview Manmade Fibers Strategic position: High-performing manmade fiber business (high profitable growth potential, less cyclicality) Plant engineering and construction Growing end markets (e.g. apparel, technical applications, home textiles) Market drivers Competitive landscape Customer base Population/GDP growth and increasing per capita consumption Replacement of cost intensive by resource saving equipment Growth in technical textiles Political encouragement in China & India Market growth of 6 % p.a. Concentrated competitor base, only 3 international players in the market for filament spinning (TMT, CTAMP) Local competitors in texturing, staple fibers and nonwovens market Dedicated customer base with long-term investment horizon (upstream integration) and strong balance sheets, predominantly based in China and India 25 leading companies will produce 60 % of world demand thereof 22 companies are Oerlikon customers Page 33
34 Products Markets served Manmade Fibers Segment High-tech equipment for chemical yarn production Functional wear Technical textiles Home textiles Outer wear Sports wear Hosiery & socks (Protective) Apparel Agrotextiles Geotextiles Car interior (incl. seat belts, airbag) Ropes Nets Tarpaulin Carpets Curtains Seat covers Upholstering Napkins Spinning plants Texturing machines Plant engineering Spinning plants Texturing machines Plant engineering BCF plants Tape & Monofilament Spinning plants Texturing machines Plant engineering Page 34
35 Customer example Spinning plant 3 x 200 t/d Polycondensation 504 WINGS POY 144 WINGS FDY 648 spinning positions Plastic melt Polycondensation Winder Page 35
36 Manmade Fibers Segment Q performance in CHF million Q Q Δ Order intake % Key figures Sales (to 3 rd parties) % EBITDA % EBITDA margin % 18.3 % +3.0 pp EBIT % EBIT margin % 16.5 % +2.8 pp Asia / Pacific 72% RoW 3% 13% Sales Q Europe 12% North America Market development Filament equipment with continued high level of deliveries in Q US BCF-market (carpet yarn) shows stable demand Project landscape Normalization in China Potential increasing market demand in India in 2015 BCF carpet yarn / polymer processing 1 as % of sales Staple fiber/nonwoven 2% 20% Sales Q % Filament spinning/texturing Operational performance Order intake development reflects expected normalization in China Sales development impacted by project schedules strong comparable last year Service/spare parts sales up by over 20% Strong profitability attributable to product mix and product cost measures Page 36
37 Drive Systems Segment Overview Drive Systems Strategic position: Niche applications with limited exposure to more commoditized gear component market Focus on difficult-to-produce, highperformance products in high-end applications Expand in high-growth segments such as energy and on-/off-highway market Market drivers Competitive landscape Customer base Population growth, rising middle class and increased mobility Migration towards higher technology in agriculture in emerging markets Construction and infrastructure build-up in developing countries Market growth GDP correlated Many competitors worldwide competing in the niche gear and drives market. Competitors include both global players as well as smaller regional producers Concentrated customer base of global OEMs and producers (CNH, John Deere, Caterpillar, etc.) Develop and expand local Chinese and Indian customers Page 37
38 Products Markets served Drive Systems Segment High-tech gearing solutions Off-Highway Equipment Transportation Energy/Mining Performance Automobile Agriculture Construction Lift equipment Rail Floor buse Hybrid buses Oil & Gas Mining Wind Sports cars Specialty passenger cars Motorcycles Zero-emission vehicles Axles Transmissions Synchronizers Clutch packs Planetary & electric drives Locomotive traction gears & assemblies Bus axles Gear & shaft components for hybrid buses Planetary gearboxes Gear assemblies Large gear components Transmissions Power take-off units Angle drives Gearboxes Page 38
39 Drive Systems Segment Q performance RoW Asia / Pacific 4% 10% North America Performance Automobile Construction 1 as % of sales Q % 55% Europe Energy/Mining 15% 22% 10% Sales Sales Q % 38% Agriculture Transportation Key figures Market development Operational performance in CHF million Q Q Δ Order intake % Sales (to 3 rd parties) % EBITDA % EBITDA margin % 8.7 % +1.6 pp EBIT % EBIT margin % 3.4 % +1.7 pp Construction machinery market continues to be strong in North America Lower trading in agriculture as expected Oil & gas market (primarily off-shore) strong and modest increase in gas fracking equipment demand Strong sales in high-performance auto Strong sales and slight order intake growth Focus on operational performance and cost resulted in margin improvements Strengthened leadership team in China Page 39
40 Vacuum Segment Overview Market drivers Demographics and middle class development driving process industry growth Construction and infrastructure with coating of glass and solar panels Market growth GDP correlated Vacuum Strategic position: Vacuum solutions for process industry, solar/coating and R&D/analytics with limited exposure to semiconductor market Modularization of product offering and streamlining of production process Competitive landscape Highly diversified competitive landscape Big global competitors (Edwards, Pfeiffer, Busch) as well as regional competitors Customer base Highly diversified (more than customers ) Page 40
41 Products Markets served Vacuum Segment Creating something from nothing Process Industry Coating / Solar / Semi Analytics / R&D Industrial furnaces & metallurgy (steel degassing) Automotive (DCT), lighting and refrigeration Laser, energy & electro Apparatus and machinery Architectural glass Optical and decorative coatings Solar energy: thin-film and crystalline technology Displays Semiconductor Mass spectrometers Electron microscopes Leak detectors and residual gas analyzers R&D equipment manufacturers Universities & national labs Space & defense High + Fore-vacuum Systems + Engineering Services High + Fore-vacuum Systems + Engineering Services High + Fore-vacuum Systems + Engineering Services Page 41
42 Vacuum Segment Q performance in CHF million Q Q Δ Order intake % Key figures Sales (to 3 rd parties) % EBITDA % EBITDA margin % 12.6 % -1.4 pp EBIT % EBIT margin % 9.0 % -1.4 pp Asia / Pacific 36% RoW 2% 21% North America Sales Q % Europe Market development Overall challenging market environment resulting in slightly lower order intake Positive trends in process industry in Europe (large-scale projects) and Asia Large-scale order in steel degassing R&D/analytics market sequentially up Others R&D/ Analytics 20% 16% 18% Energy/Coating Sales Q % Process industry Operational performance Sales on previous years level Order intake slightly improved sequentially Profitability stabilized around prior quarters level with potential from investments in internal alignment and organizational effectiveness 1 as % of sales Page 42
43 Advanced Technologies Segment Overview Market drivers Population growth Accelerated demand for mobile devices / touch panels Demand for new, more efficient and clean energy infrastructure 4 % market growth in semiconductor Advanced Technologies Strategic position: High growth and highvalue added applications in clean technology, semiconductors and mobile device markets Incubator for new technologies and applications predominantly in deposition technology Competitive landscape Customer base Big global as well as regional producers with focus on different core markets Concentrated customer base with high concentration in Asia Page 43
44 Products Markets served Advanced Technologies Segment R&D incubator for the Oerlikon Group Semiconductors Advanced Nanotechnology R&D Incubator Compound semi Advanced packaging MEMS IC Interconnets Backside metallization & thin wafer processing Data storage Solar Nanostructure Photovoltaic Touch panels Thermoelectrics Energy storage Energy conversion Energy storage Energy efficiency management Clusterline 200/300 LLS Hexagon Solaris R&D pilots and demonstrators Page 44
45 Advanced Technologies Segment Q performance in CHF million Q Q Δ Order intake % Key figures Sales (to 3 rd parties) % EBITDA 1 0 n/a EBITDA margin % 2.1 % +2.9 pp EBIT 0-1 n/a EBIT margin % n/a n/a Asia / Pacific 35% North America Sales Q % 50% Europe Market development Connectivity and Internet of Things are main drivers in semiconductor industry Slower-than-expected recovery in advanced packaging - growth expected into 2015 Postponement of advanced nanotechnology equipment investments to as % of sales Others Advanced Nano 0% 16% Sales Q % Semiconductor Operational performance Order intake lower due to order push-outs Sales increase driven by semiconductor Profitability at break-even - affected by continued high R&D investments Page 45
46 Oerlikon shares Oerlikon shares Oerlikon shareholder structure 1 Listed on Swiss Exchange (SIX) since 1973 Securities symbol: OERL Securities number ISIN: CH No. of shares outstanding: shares (as of September 30, 2014) Re-entry to Swiss SMIM on April 17, 2012 Addition to STOXX Europe 600 as of June 18, 2012 as of October 14, 2014 Free float (incl. 0.3 % treasury shares) 57.0% 43.0% Renova Group Oerlikon share price development as of October 24, 2014, indexed; 100 percent = closing price per December 30, SMI Stoxx Europe 600 Oerlikon SMIM Based on shares outstanding and latest notification by Renova (as of October 14, 2014 of shares) Page 46
47 Coverage 6 Buy/Accumulate & 4 Hold/Neutral Broker Analyst Recommendation Date of last update Target price AlphaValue Pierre-Yves Gauthier Buy Bank am Bellevue Alessandro Foletti Hold Berenberg Bank Sebastian Künne - suspended - Credit Suisse Patrick Laager Outperform Baader Helvea Reto Amstalden Neutral Kepler Cheuvreux Will Mackie - suspended - MainFirst Michael Inauen Outperform Mirabaud Securities LLP Thomas Baumann Buy Société Générale Christophe Quarante Hold UBS André Rudolf von Rohr Buy Vontobel Michael Foeth Buy Zürcher Kantonalbank Armin Rechberger Marketweight Consensus 6 positive 4 neutral Page 47
48 Oerlikon Customer Base (Selection) Preferred technology supplier to technology leaders in their respective industries Global customer base and world-leading brand names Strong long-term customer relationships Page 48
49 Financial Calendar 2015 February 24, 2015 Q4 / FY 2014 results and publication of Annual Report Annual Press Conference April 8, 2015 April 28, 2015 Annual General Meeting of Shareholders - KKL Lucerne Q Results - Media & Analyst Conference Call August 4, 2015 Q2 / HY 2015 results and publication of Interim Report Media & Analyst Conference Call October 27, 2015 Q3 / 9M 2015 results - Media & Analyst Conference Call Page 49
50 Investor Relations Contact OC Oerlikon Management AG, Pfäffikon Churerstrasse 120 CH 8808 Pfäffikon SZ Switzerland Andreas Schwarzwälder Head of Investor Relations Phone: Mobile: Page 50
51 Disclaimer Oerlikon has made great efforts to include accurate and up-to-date information in this document. However, we make no representation or warranties, expressed or implied, as to the accuracy or completeness of the information provided in this document or any oral communication in connection therewith and we disclaim any liability whatsoever for the use of it. This presentation is based on information currently available to management. The forwardlooking statements contained herein could be substantially impacted by risks and influences that are not foreseeable at present, so that actual results may vary materially from those anticipated, expected or projected. Oerlikon is under no obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise or to correct any inaccuracies therein. All information provided in this document is not intended as, and may not be construed as, an offer or solicitation for the purchase or disposal, trading or any transaction in any Oerlikon securities. Investors must not rely on this information for investment decisions. Page 51
Oerlikon concluded a further strategic milestone and delivered strong sales growth and solid profitability
Oerlikon concluded a further strategic milestone and delivered strong sales growth and solid profitability Dr. Brice Koch, CEO Jürg Fedier, CFO Q2 / H1 2014 Business Update August 5, 2014 Agenda 1 Q2 2014
More informationOerlikon Investor Presentation
Oerlikon Investor Presentation Jürg Fedier, CFO Helvea 2014 Swiss Equities Conference, Bad Ragaz January 16, 2014 Agenda 1 Overview 2 Business Segments 3 Outlook 4 Appendix Page 2 Oerlikon a global industrial
More informationSurface Solutions Segment s solid performance confirms strategic direction
Surface Solutions Segment s solid performance confirms strategic direction Dr. Roland Fischer, CEO Jürg Fedier, CFO Q3 / 9M 2016 Business Update November 2, 2016 Agenda 1 Q3 2016 Business Update 2 Q3 /
More informationOerlikon reports strong operating performance in Q2 2012
Oerlikon reports strong operating performance in Q2 2012 Dr. Michael Buscher, CEO Jürg Fedier, CFO Oerlikon Q2 and H1 Results 2012 August 3, 2012 Agenda 1 Business Update Q2 2012 2 Financials Q2 2012 and
More informationIncrease of profitability
Increase of profitability Dr. Michael Buscher, CEO Jürg Fedier, CFO Oerlikon Q1 Results 2012 April 30, 2012 Agenda 1 Business Update Q1 2012 2 Financials Q1 2012 3 Outlook 4 Appendix Page 2 Increase transparency
More informationOerlikon continues strong profitable sales growth
Oerlikon continues strong profitable sales growth Helvea Swiss Equities Conference 2012 Bad Ragaz Dr. Michael Buscher, CEO January 12, 2012 Agenda 1 Business Update 2 Oerlikon Share Page 2 Oerlikon Business
More informationOerlikon reports strong operating performance in Q2 2012
Oerlikon reports strong operating performance in Q2 2012 Investor Presentation Oerlikon Q2 and H1 Results 2012 September 2012 Agenda 1 Business Overview 2 Business Update and Financials Q2 2012 / H1 2012
More informationStrong quarterly growth and improved operating profitability outlook raised
Strong quarterly growth and improved operating profitability outlook raised Dr. Roland Fischer, CEO Jürg Fedier, CFO Q2 208 Business Update August 7, 208 Agenda Q2 208 Business Update 2 Q2 208 Financial
More informationShaping the Portfolio
Shaping the Portfolio Dr. Michael Buscher, CEO Jürg Fedier, CFO Annual Media and Analyst Conference March 5, 2013 Agenda 1 Business Review 2012 2 Financial Year 2012 Results 3 Outlook 4 Appendix Page 2
More informationIncrease of profitability
Increase of profitability UBS Pan European Conference Andreas Schwarzwälder, Head of Investor Relations June 1, 2012 Agenda 1 Business Overview 2 Business Development Q1 2012 3 Outlook 4 Appendix Page
More informationOerlikon reports continued strong level of profitability
Oerlikon reports continued strong level of profitability Investor Presentation Roadshow Paris Oerlikon Q3 November 27, 2012 Agenda 1 Business Overview 2 Business Update Q3 2012 3 Financials Q3 2012 4 Outlook
More informationOerlikon delivers solid profitability and progresses with its strategic initiatives
Media Release Second quarter 2015 results Oerlikon delivers solid profitability and progresses with its strategic initiatives Order intake slightly increased by 1.0 % to CHF 731 million Sales stabilized
More informationStrong increase in Group orders and sales in the second quarter
Second quarter and half-year 2017 results Media Release Strong increase in Group orders and sales in the second quarter Increase in order intake and sales in all Segments Continued top line growth in Surface
More informationOerlikon reports strong Q2 operating performance: guidance increased for FY 2012
Media Release Q2 2012 results show significant increase in profitability Oerlikon reports strong Q2 operating performance: guidance increased for FY 2012 Q2 EBIT increased by 24 % to CHF 115 million EBIT
More informationStrong growth momentum continued in all businesses
Media Release Third quarter 208 results Strong growth momentum continued in all businesses 22.2 % growth in Group Q3 order intake 28.9 % increase in Group Q3 sales Group Q3 EBITDA margin: 5.0 % Double-digit
More informationOn the way to a sustainable Comeback
On the way to a sustainable Comeback Dr. Michael Buscher, CEO Jürg Fedier, CFO Annual Media and Analyst Conference March 23, 2011 Agenda 1 Review 2010 2 Fiscal year 2010 results 3 Business Strategy 4 Outlook
More informationOerlikon Focus on surface solutions and additive manufacturing. Dr. Roland Fischer, CEO 18 th Kepler Cheuvreux Swiss Seminar Zurich, March 28, 2017
Oerlikon Focus on surface solutions and additive manufacturing Dr. Roland Fischer, CEO 18 th Kepler Cheuvreux Swiss Seminar Zurich, March 28, 2017 Agenda 1 Oerlikon Group - Strategic Priorities 2 Surface
More informationInvesting in a global industry leader with profitable growth and a transforming portfolio
Investing in a global industry leader with profitable growth and a transforming portfolio Investor Presentation February 2018 Agenda 1 Investment Proposition 2 Surface Solutions Segment 2.1 Attractive
More informationRieter - Investor Update 2017
Rieter - Investor Update 2017 Baader Swiss Equities Conference January 2018 Rieter Group Key Messages Order intake up on previous year Third quarter with order growth in all business groups Rieter confirms
More informationInvesting in a global industry leader with profitable growth and a transforming portfolio
Investing in a global industry leader with profitable growth and a transforming portfolio Investor Presentation April 2018 Agenda 1 Investment Proposition 2 Surface Solutions Segment 2.1 Attractive End
More informationLetter to Shareholders from the Chairman of the Board of Directors and the CEO
Interim Report HY2018 2 Letter to Shareholders from the Chairman of the Board of Directors and the CEO Dear Shareholders In the first half of 2018, we delivered on our strategy and achieved a record performance.
More informationCapital Market Days 2011 August 23-24
Capital Market Days 2011 August 23-24 Oerlikon Group Disciplined Comeback to Financial Performance Jürg Fedier, CFO August 23, 2011 Financial achievements New profitability level in CHF m Order intake
More informationInformation for shareholders
68 Annual Report 2016 Information for shareholders 2016 capital market development Overall, 2016 threw an exceptional number of economic and political curveballs at investors, especially at the beginning
More information2011 Annual Results. Martin Hirzel, Chief Executive Officer (CEO)
2011 Annual Results Martin Hirzel, Chief Executive Officer (CEO) Independent company since May 13, 2011 Autoneum successfully mastered its first year of independence in 2011 and enjoys the ongoing confidence
More informationGlobal leader in high-end vacuum valve technology
FOURTH QUARTER AND FULL-YEAR 2016 RESULTS Global leader in high-end vacuum valve technology Heinz Kundert, CEO and Andreas Leutenegger, CFO March 31, 2017 1 Agenda 1 2 3 Highlights Fourth quarter and full-year
More informationInvestor Update Investor presentation, October 27, Dr. Norbert Klapper, Group CEO. Joris. Gröflin,.. Group. CFO...
Investor Update 2017 Investor presentation, October 27, 2017 Dr. Norbert Klapper, Group CEO. Joris. Gröflin,.. Group. CFO Rieter Group Key Messages Order intake up on previous year Third quarter with order
More informationGlobal leader in high-end vacuum valve technology
HALF YEAR 2017 RESULTS Global leader in high-end vacuum valve technology Heinz Kundert, CEO, Andreas Leutenegger, CFO and Jürgen Krebs, COO August 24, 2017 1 Agenda 1 2 3 Highlights Second quarter and
More informationFull-Year / Fourth Quarter 2010 Results
Full-Year / Fourth Quarter 2010 Results 16 February 2011 Disclaimer This presentation contains certain statements that are neither reported financial results nor other historical information. This presentation
More informationSINGULUS TECHNOLOGIES. Results for the First Quarter 2015
SINGULUS TECHNOLOGIES Results for the First Quarter 2015 May 2015 Agenda 05/2015-2 - 1 Financials First Quarter 2 Capital Measures 3 Strategic Development 4 Appendix Key Financials 05/2015-3 - In million
More informationIncrease of profitability
Increase of profitability OC Oerlikon Investor Presentation July 2012 Agenda 1 Business Overview 2 Business Development Q1 2012 3 Refinancing 2012 4 Outlook 5 Appendix Page 2 More than 100 years of history
More informationVERSUM MATERIALS. GUILLERMO NOVO EXECUTIVE VICE PRESIDENT, MATERIALS TECHNOLOGIES, AIR PRODUCTS Will be - CEO, VERSUM MATERIALS
VERSUM MATERIALS GUILLERMO NOVO EXECUTIVE VICE PRESIDENT, MATERIALS TECHNOLOGIES, AIR PRODUCTS Will be - CEO, VERSUM MATERIALS Jefferies Industrials Conference August 2016 FORWARD-LOOKING STATEMENTS This
More informationInvestor Update Michael Willome, Group CEO Alex Waser, CEO Bystronic
Investor Update Michael Willome, Group CEO Alex Waser, CEO Bystronic d Baader Swiss Equities Conference Bad Ragaz, January 11, 2018 Seite 1 Investor Konzernleitungs-Sitzung Update, Baader vom Helvea 9.
More informationMedia release. Winterthur, March 18, 2015 Page 1/7
Media release Rieter Holding Ltd. Klosterstrasse 32 P.O. Box CH-8406 Winterthur T +41 52 208 71 71 F +41 52 208 70 60 www.rieter.com Winterthur, March 18, 2015 Page 1/7 2014 financial year: double-digit
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q4 2016 RESULTS March 2, 2017 October 26, 2016 ASM proprietary information 2017 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary note regarding forward-looking
More informationQ and Full Year 2016 EARNINGS CONFERENCE. March 14, 2017 Zürich, Switzerland
Q4 2016 and Full Year 2016 EARNINGS CONFERENCE March 14, 2017 Zürich, Switzerland Speakers Lukas Winkler, President and CEO Key figures Q4 2016 and FY 2016 Target market business review Expectations 2017
More informationInvestor and Analyst Briefing
Investor and Analyst Briefing 2014 Agenda 1. Welcome and program 2. Market trends and growth 3. Rieter position 4. Strategic focus 5. Outlook Investor and Analyst Briefing 2014 2 Schedule 09.15 10.15 Presentation
More informationInvestor Presentation HY 1/18. Metall Zug Group, August 20, 2018
Investor Presentation HY 1/18 Metall Zug Group, August 20, 2018 1 Metall Zug Group Content 1. Metall Zug Group - Overview HY 1/18 2. Business Units Household Appliances Infection Control Wire Processing
More informationQ EARNINGS CONFERENCE CALL. October 18, 2018 Bad Ragaz, Switzerland
Q3 2018 EARNINGS CONFERENCE CALL October 18, 2018 Bad Ragaz, Switzerland Speakers Lukas Winkler, President and CEO Key figures Q3 2018 Target market business review Expectations 2018 Matthias Tröndle,
More informationABB Q results Joe Hogan, CEO Michel Demaré, CFO
October 27, 2011 ABB Q3 2011 results Joe Hogan, CEO Michel Demaré, CFO ABB Group Q3 2008 investor presentation October 26, 2011 Chart 1 Safe-harbor statement This presentation includes forward-looking
More informationPress Release December 15, 2017
ISRA VISION AG: 2016 / 2017 financial year Revenues and EBT +11 %, cash flow significantly stronger ISRA again matches full year guidance: Heading for the next revenue level with double-digit growth rates
More informationInvestor Presentation. March 2013
Investor Presentation March 2013 1 Important Disclosures NOTE ON FORWARD-LOOKING STATEMENTS: This presentation and related discussions contain forward-looking statements about such matters as: our outlook
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q1 2018 RESULTS April 19, 2018 October 26, 2016 ASM proprietary information 2018 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking
More informationHalf year presentation. Rorschacherberg, 27 July 2017
Half year presentation Rorschacherberg, 27 July 2017 Agenda Market and business review Financial review Outlook 1 Agenda Market and business review Financial review Outlook 2 Significant improvement in
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q3 2017 RESULTS October 31, 2017 October 26, 2016 (updated on November 8, 2017) ASM proprietary information 2017 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary
More informationSTRUCTURE AND MARKET SHARE GAINS BUFFER SOFTER SECOND- HALF MARKET
Media Release Haag, Switzerland, March 8, 2019 VAT REPORTS SOLID 2018 RESULTS AS FLEXIBLE OPERATING STRUCTURE AND MARKET SHARE GAINS BUFFER SOFTER SECOND- HALF MARKET Full year 2018 - Net sales up 1% to
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q2 2017 RESULTS July 25, 2017 October 26, 2016 ASM proprietary information 2017 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking
More informationSchaeffler Group Mobility for tomorrow Klaus Rosenfeld Chief Executive Officer
Schaeffler Group Mobility for tomorrow Klaus Rosenfeld Chief Executive Officer Capital Markets Day July 20 th, 2016 London Agenda 1 Overview 2 Our Strategy 3 Our Action Plan 4 Our Financial Ambitions 5
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q2 2018 RESULTS July 24, 2018 October 26, 2016 ASM proprietary information 2018 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking
More informationSecond quarter results FY2016. May 13, 2016
Second quarter results FY2016 May 13, 2016 Disclaimer Stabilus S.A. (the Company, later Stabilus ) has prepared this presentation solely for your information. It should not be treated as giving investment
More informationSchaeffler AG 17 th GCC Kepler Cheuvreux. Jan 17, 2018 Frankfurt
Schaeffler AG 17 th GCC Kepler Cheuvreux Jan 17, 2018 Frankfurt Disclaimer This presentation contains forward-looking statements. The words "anticipate", "assume", "believe", "estimate", "expect", "intend",
More informationInvestor Presentation
Investor Presentation Urs Leinhäuser, Chief Financial Officer & Deputy CEO, January 2014 Agenda Who is Autoneum? / Positioning Highlights of HY1 2013 Industry and strategic priorities Mid term financial
More informationVeeco Acquires Solid State Equipment Holdings LLC. December 5, 2014 Investor Conference Call
Veeco Acquires Solid State Equipment Holdings LLC December 5, 2014 Investor Conference Call Safe Harbor To the extent that this presentation discusses expectations or otherwise makes statements about the
More informationInvestor Update Media and Investor presentation, October 31, Dr. Norbert Klapper, Group CEO. Joris. Gröflin,.. Group. CFO...
Investor Update 2018 Media and Investor presentation, October 31, 2018 Dr. Norbert Klapper, Group CEO. Joris. Gröflin,.. Group. CFO Agenda 1. Key Messages Dr. Norbert Klapper 2. Order Intake 2018 Joris
More informationAnnual Results Press Conference 8 March Alexander Hagemann (CEO) & Patric Schoch (CFO)
Press Conference 8 March 2018 Alexander Hagemann (CEO) & Patric Schoch (CFO) Disclaimer 8 March 2018 The information in this presentation does not constitute an offer or invitation and may not be construed
More informationRecord-high Last Quarter Leads to Attractive Year-end Results 2014
Corporate Contact Matthias Tröndle Chief Financial Officer +423 388 3510 matthias.troendle@inficon.com Record-high Last Quarter Leads to Attractive Year-end Results 2014 Record-high sales in Q4 2014: Sales
More informationH a l f - y e a r r e p o r t
Half-year Report Company Overview INFICON provides world-class instruments for gas analysis, measurement and control. These analysis, measurement and control products are essential for gas leak detection
More informationOSRAM with continued good profitability
www.osram.com OSRAM with continued good profitability Q3 FY15 Management Presentation (preliminary figures) July 29, 2015 Light is OSRAM Safe Harbor Statement This presentation may contain forward-looking
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q4 2017 RESULTS February 28, 2018 October 26, 2016 ASM proprietary information 2018 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q3 2018 RESULTS October 31, 2018 October 26, 2016 ASM proprietary information 2018 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking
More informationSchaeffler AG Deutsche Bank dbaccess IAA Cars Conference
Schaeffler AG Deutsche Bank dbaccess IAA Cars Conference September 12, 2017 Disclaimer This presentation contains forward-looking statements. The words "anticipate", "assume", "believe", "estimate", "expect",
More informationFinancial Review FIRST QUARTER
Financial Review FIRST QUARTER CLARIANT INTERNATIONAL LTD Rothausstrasse 61 4132 Muttenz Switzerland Page 1 of 20 Key Financial Group Figures Continuing operations: CHF m 2015 % of sales CHF m 2014 % of
More informationHalf year presentation. Rorschacherberg, 27 July 2016
Half year presentation Rorschacherberg, 27 July 2016 Legal note Starrag Group is making great efforts to include accurate and up-to-date information in this presentation, however we make no representations
More informationthyssenkrupp Equity Story Components Technology November 2017
thyssenkrupp Equity Story Components Technology November 2017 thyssenkrupp a diversified industrial group Sales 41.4 bn 1 ; EBIT adj. 1.7 bn 1 Continuing operations Components Technology (CT) 7.6 bn 377
More informationInvestor Presentation November 2011
Investor Presentation November 2011 For further information contact: aston.swift@intertek.com +44 (0)20 7396 3400 1 Cautionary statement regarding forward-looking statements This presentation contains
More informationSMA SOLAR TECHNOLOGY AG Analyst / Investor Presentation Financial Results 2017
SMA SOLAR TECHNOLOGY AG Analyst / Investor Presentation Financial Results 2017 Pierre-Pascal Urbon, CEO Ulrich Hadding, CFO March 28, 2018 Date, Author SMA Solar Technology AG Disclaimer IMPORTANT LEGAL
More informationPress Release February 28, 2018
ISRA VISION AG: First quarter 2017 / 2018 revenues grow by approx. +10 %, EBT by +11 % ISRA starts dynamically into the new financial year: Guidance again double-digit Revenues at 31.2 million euros, plus
More informationInvestor Presentation. August 2014
Investor Presentation August 2014 1 Important Disclosures NOTE ON FORWARD-LOOKING STATEMENTS: This presentation and related discussions may contain forward-looking statements about such matters as: our
More informationSchaffner Group Half-Year Report 2017/18
Schaffner Group Half-Year Report 2017/18 To our shareholders 1 Schaffner posts strong growth and significant increase in EBIT in the first half of 2017/18 The Schaffner Group recorded strong growth and
More informationPart 1 Executing our strategy
Entwurf 19.09.018 15h00 Part 1 Executing our strategy Klaus Rosenfeld Chief Executive Officer Capital Markets Day 018 Berlin Disclaimer This presentation contains forward-looking statements. The words
More informationSolid performance in an uncertain market
Solid performance in an uncertain market Group operational EBITDA 1 margin stable vs Q2 2012, including Power Products Orders and revenues supported by better geographic balance in automation Strong divisional
More informationAFG Arbonia-Forster-Group Integrated solutions for premium buildings
AFG Arbonia-Forster-Group Integrated solutions for premium buildings Half-year results presentation 2012 07 August 2012 Daniel Frutig, CEO Felix Bodmer, CFO Disclaimer AFG Arbonia-Forster-Holding AG is
More informationBaader Helvea Swiss Equities Conference 2017 Andreas Leutenegger, CFO Bad Ragaz, January 12, 2017
PASSION.PRECISION.PURITY Baader Helvea Swiss Equities Conference 2017 Andreas Leutenegger, CFO Bad Ragaz, January 12, 2017 1 Agenda 1 2 3 VAT Group AG at a glance Financial review Strategic drivers and
More informationINVESTOR PRESENTATION
INVESTOR PRESENTATION Q1 2016 RESULTS April 21, 2016 April 24, 2015 ASM proprietary information 2016 ASM CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Cautionary Note Regarding Forward-Looking Statements:
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 informationInvestor Presentation. February 2018
Investor Presentation February 2018 1 Forward Looking Statements Important Information About Littelfuse, Inc. This presentation does not constitute or form part of, and should not be construed as, an offer
More informationFinancial Review NINE MONTHS / THIRD QUARTER. 29 October Rothausstrasse Muttenz Switzerland CLARIANT INTERNATIONAL LTD
Financial Review NINE MONTHS / THIRD QUARTER CLARIANT INTERNATIONAL LTD Rothausstrasse 61 4132 Muttenz Switzerland Page 1 of 21 Key Financial Group Figures Continuing operations: Nine Months Third Quarter
More informationQ1 FY14 Management Presentation
www.osram-licht.ag FY14 Management Presentation (preliminary figures) Solid start into FY14 OSRAM Licht AG January 29, 2014 Safe Harbor Statement This presentation may contain forward-looking statements
More informationCCL Industries Announces Second Quarter Results
News Release For Immediate Release, Thursday, August 9, 2018 Stock Symbol: TSX CCL.A and CCL.B CCL Industries Announces Second Quarter Results Second Quarter Highlights Adjusted basic earnings per Class
More informationHalf-year Report 2013
Half-year Report 2013 Company Overview INFICON provides world-class instruments for gas analysis, measurement and control. These analysis, measurement and control products are essential for gas leak detection
More informationExcellence in Connectivity Solutions
Half-year conference 2018 Agenda Overview 1 st half-year 2018 Financial results Outlook 2018 Questions Buffet lunch Urs Ryffel (CEO) Ivo Wechsler (CFO) Urs Ryffel (CEO) Overview 1 st half-year 2018 Strong
More informationMedia and Analysts' Conference
Media & Analysts Conference Tornos Holding Ltd. Zurich, Media & Analysts Conference Speakers François Frôté Chairman of the Board Bruno Edelmann Chief Financial Officer Michael Hauser Chief Executive Officer
More informationQ Conference Call
Q4 2017 Conference Call > Veeco Instruments Inc. > February 12, 2018 1 Q4 2017 / FY 2017 Conference Call Veeco Instruments Inc 2018 Safe Harbor To the extent that this presentation discusses expectations
More informationPress Release May 31, 2017
ISRA VISION AG: 1st half year 2016 / 2017 A further step to 150 +: Revenues and EBT each grow by +11% Double-digit growth in the first six months ISRA continues growth path with high order backlog Revenues
More informationAgenda. 1. Review of business year 2013 Martin Hirzel, CEO. 2. Financial results 2013 Urs Leinhäuser, CFO & Deputy CEO
1 Agenda 1. Review of business year 2013 Martin Hirzel, CEO 2. Financial results 2013 Urs Leinhäuser, CFO & Deputy CEO 3. Outlook 2014 Martin Hirzel, CEO Welcome to the 2013 Annual Results Conference March
More informationMANZ AG WEBCAST FINANCIAL FIGURES 3M/2016 MAY 12, 2016 / DIETER MANZ, MARTIN HIPP, MARTIN DRASCH
MANZ AG WEBCAST FINANCIAL FIGURES 3M/2016 MAY 12, 2016 / DIETER MANZ, MARTIN HIPP, MARTIN DRASCH SUMMARY Good start in the current fiscal year with an increase of revenues by 19.5 % to EUR 64.5m (Q1/2015:
More informationRieter Holding Investor Presentation
Rieter Holding Investor Presentation Helvea Conference January 2014 Agenda 1. Rieter s market: Short staple 2. Rieter s position 3. Rieter s investment program 2012/2013 4. Half-year results 2013 5. Market
More informationSteve Martens VP Investor Relations FY13 Q3
Steve Martens VP Investor Relations steve.martens@molex.com FY13 Q3 Forward-Looking Statement Statements in this presentation that are not historical are forward-looking and are subject to various risks
More informationInvestor Presentation
Investor Presentation March 2014 Agenda 1. Autoneum at a glance 2. Review of business year 2013 3. Outlook 2014 1. Autoneum at a glance Who we are 4 Key Facts & Figures * before one-time expenses 5 Organization
More informationHELLA Investor Update Q1 2015/16
HELLA Investor Update Q1 2015/16 Conference Call on September 25th, 2015 Dr. Wolfgang Ollig, Chief Financial Officer Carl Pohlschmidt, Finance Director HF-7761DE_C (2012-12) Disclaimer This document was
More information2017 Interim Results Corporate Presentation. 25 August 2017
2017 Interim Results Corporate Presentation 25 August 2017 0 Disclaimer This document may contain forward-looking statements that reflect risks and uncertainties. These forward-looking statements are generally
More informationRBC Capital Markets-Global. Conference. Las Vegas
RBC Capital Markets-Global Industrial Conference September 10 2013 September 10, 2013 Las Vegas Safe Harbor Statements in this presentation that are not historical are considered forwardlooking statements
More informationOrders received in CHF million. Sales in CHF million. EBIT in CHF million. Capital expenditures in CHF million
Semi-Annual Report 2 Rieter. Semi-Annual Report. Rieter at a glance Rieter at a glance Orders received in Sales in EBIT in Capital expenditures in HY1 15 HY2 15 HY1 16 HY1 15 HY2 15 HY1 16 HY1 15 HY2 15
More informationESI Announcement 10/30/2018
ESI Announcement 10/30/2018 Safe Harbor for Forward Looking Statements Statements in this presentation regarding the proposed transaction between MKS Instruments, Inc. ( MKS ) and Electro Scientific Industries
More informationPhilips Lighting reports 0.5% full year comparable sales growth, 10% operational profitability and EUR 403 million free cash flow
Philips Lighting reports 0.5% full year comparable sales growth, 10% operational profitability and EUR 403 million free cash flow Q4 & Full Year 2017 presentation February 2, 2018 Important information
More informationVERSUM MATERIALS. Air Products Electronic Materials Division Spin-off Form 10 Highlights August 2016
VERSUM MATERIALS Air Products Electronic Materials Division Spin-off Form 10 Highlights August 2016 FORWARD-LOOKING STATEMENTS This presentation and materials Air Products and Versum have filed or will
More informationH Financial Results. Milan July 28th, 2016
H1 2016 Financial Results Milan July 28th, 2016 Agenda H1 2016 Highlights o o o Group overview Results by business Outlook Financial results Appendix H1 2016 Financial Results 2 H1 2016 Highlights Organic
More informationMeetings with Investors 2 nd Quarter, May 2012 WEGE3 / WEGZY
Meetings with Investors 2 nd Quarter, 2012 May 2012 WEGE3 / WEGZY Disclaimer The information contained herein has been prepared by WEG S.A. ( WEG or the Company ) solely for meetings held with investors
More informationFUCHS GROUP. In Motion. Investor Presentation, November 2017 Dagmar Steinert, CFO Thomas Altmann, Head of Investor Relations
FUCHS GROUP In Motion Investor Presentation, November 2017 Dagmar Steinert, CFO Thomas Altmann, Head of Investor Relations Agenda 01 02 03 04 The Leading Independent Lubricants Company Q1-3 2017 Shares
More information1HY 2017 Results Presentation & Business Update. August 11, Seite 1
August 11, 2017 Seite 1 1HY Konzernleitungs-Sitzung 2017 Results Presentation vom 9. & November Business 2011 Update - Robert Suter Disclaimer The information in this presentation about the business performance
More informationMarch. Roth Capital Partners 31 st Annual Growth Stock Conference. Investor Presentation
March 2019 Roth Capital Partners 31 st Annual Growth Stock Conference Investor Presentation Safe Harbor Statement This Presentation may contain certain statements or information that constitute forward-looking
More information