Investors Presentation. February 2018
|
|
- Corey Arnold
- 6 years ago
- Views:
Transcription
1 Investors Presentation Februar 2018
2 Disclaimer This presentation contains statements concerning Sartorius Stedim Biotech Group s future performance. These statements are based on assumptions and estimates. Although we are convinced that these forward-looking statements are realistic, we cannot guarantee that the will actuall materialize. This is because our assumptions harbor risks and uncertainties that could lead to actual results diverging substantiall from the expected ones. It is not planned to update our forwardlooking statements. Throughout this presentation, differences ma be apparent as a result of rounding during addition.
3 Agenda 01 FY 2017 Results FY 2018 Guidance Compan Overview Business Model Mid-term Growth Prospects Appendix
4 Strong order intake; earnings influenced b FX headwinds Sartorius Stedim Biotech Group in millions unless otherwise specified FY 2016 FY 2017 in % in % cc 1 Sales revenue 1, , Order intake 1, , Underling EBITDA Underling EBITDA 2 margin in % pp Underling EPS 3 per share in Dividend per share 4 in Capex ratio in % pp High base after extraordinaril strong 2015 and 2016; temporar destocking b some customers as well as manufacturing (Puerto Rico) and suppl bottlenecks (cell culture media) dampened growth Strong order intake growth in H2 supports positive 2018 outlook 1 Constant currencies 2 Underling = excluding extraordinar items 3 Underling EPS = based on net profit after non-controlling interest, adjusted for extraordinar items, amortization and based on a normalized financial result and tax rate 4 As proposed to AGM 4
5 Different development in the regions Americas in millions EMEA in millions Asia Pacific in millions Sales b regions in % EMEA ~ 43% Americas ~ 34% 1.08bn FY16 FY17 FY 16 FY17 FY16 FY17-3.5% +2.2% +21.4% Acc. to customers location; growth in constant currencies Asia Pacific ~ 23% Particularl the Americas & EMEA compare with a ver high prior-ear base; softer demand in the Americas and parts of Europe, additionall destocking b a few customers especiall in Q Moreover, the Americas also influenced b transient manufacturing (Puerto Rico) and suppl bottlenecks (cell culture media) Dnamic growth in Asia Pacific supported b some large equipment projects 5
6 Health cash flow performance; influenced b acquisitions Sartorius Stedim Biotech Group in millions FY 2016 FY 2017 in % Underling EBITDA Extraordinar items Financial result Underling net profit 1, Reported net profit Change in financial result mainl due to valuation effects of derivatives fx loans Net operating cash flow developed as expected Net investing cash flow primaril reflects the acquisition of Umetrics and capex for capacit expansion Net operating cash flow Net investing cash flow Underling net profit = net profit adjusted for extraordinar items, amortization and based on a normalized financial result and tax rate 2 After non-controlling interest 3 Net cash flow from investing activities and acquisitions disposals 6
7 Financial position remains ver strong Ke Financial Indicators Net Debt to Underling EBITDA Sartorius Stedim Biotech Dec. 31, 2016 Dec. 31, 2017 Equit ratio in % Net debt in millions of Net debt underling EBITDA Q1-Q Q1-Q Q1- Q Q1-Q Q1-Q , , , , ,3 0 0 Net debt in m (lhs) Net debt to underling EBITDA (rhs) 7
8 Outlook for 2018 FY 2017 FY 2018 Guidance Sales revenue growth 1 4.1% ~ 7% - 10% Underling EBITDA margin 27.3% ~ +0.5pp 1 Capex ratio 12.6% ~ 15% 1 In constant currencies Growth guidance includes non-organic contribution b recent acquisition of ~ 0.5pp As a result from the US tax reform, SSB s tax rate is expected to decrease from 2018 onwards b 2pp to around 26% 8
9 Agenda 01 FY 2017 Results FY 2018 Guidance Compan Overview Business Model Mid-term Growth Prospects Appendix
10 Sartorius Stedim Biotech at a glance International leading Bioprocess technologies provider Sales revenue EBITDA 1 margin ~ 1.08bn 27.3% ~34% Americas ~43% EMEA ~23% Asia Pacific Emploees Market cap. 2 >5.100 ~ 5.6bn Shareholder Structure Free Float ~ 26% Sartorius AG ~ 74% Well-balanced revenue base Global sales and service network Production sites in all regions Based on FY 2017 figures; 1 Excluding extraordinar items 2 As of end of December,
11 Unique position in an attractive market Solution Provider for Biomanufacturing Highl regulated environment validated processes Broadest portfolio in the industr; ~75% recurring revenues 11
12 The widest product portfolio across the biopharma process chain Process Development Upstream Processing Downstream Processing Media Media Preparation Seed Seed Fermentation Production Fermentation Cell Removal Cell Removal Capture Polishing Virus Viral Clarification Clarification Clearance Clearance Vaccines, monoclonal antibodies,... Cell culture media Cell Antibodies Contaminants such as viruses Simplified diagram 12
13 Leading market positions in ke technolog platforms Filtration TOP 3 Fluid Management #1 Fermentation #1 More than 85% of sales generated from a TOP 1-3 position Strong double-digit market shares in most technolog platforms 13
14 Market fundamentals remain ver attractive Favorable demographics 9bn people b 2050 of which >2bn 60rs or older Rise of biosimilars >50% CAGR of biosimilar sales ~8% CAGR of biopharma market Increasing healthcare spending +6.5% CAGR of worldwide prescription drug sales Favorable R&D pipeline; strong advances in gene and cell therap >50% Share of biologics in pharma R&D pipeline 14
15 Four strong pillars drive above-average growth Pharma market Biopharma market CAGR 4-7% CAGR 8-9% +10% Organic CAGR 1 Single-use penetration Double-digit growth Market share gains Esp. in North America CAGR excl. fx effects and acquisitions 15
16 Portfolio enhanced b seven acquisitions since 2011 Acquisition Criteria Portfolio: Complementar products or technologies Market Position: Either among the Top 3 or unique position Integration: Management capacit; cultural fit Price: Fair value; reach our profitabilit level in 2-3 ears AllPure Technologies TAP Biosstems 2013 Lonza Cell Culture Media ksep Sstems
17 Competence in data analtics recentl strengthened Leading software for bioprocess data analtics Powerful solutions for modeling and optimizing development and manufacturing processes of biopharmaceuticals Successful distribution and co-marketing cooperation with Umetrics since 2012 Acquired in earl April 2017; annual sales of ~$15mn; significant double-digit profitabilit 17
18 Agenda 01 FY 2017 Results FY 2018 Guidance Compan Overview Business Model Mid-term Growth Prospects Appendix
19 Sales revenue more than doubled in the last six ears Sales CAGR ~ +14% EBITDA 1 margin +6.4pp +4.1% +20.4% +19.4% +15.9% +10.8% +10.3% 1.08bn 27.5 ~ m Sales revenue EBITDA 1 margin in % Sales growth and CAGR in constant currencies 1 Excluding extraordinar items 19
20 Our Sartorius 2025 targets and initiatives Strategic initiatives Regional Participate in strong Chinese market growth Continue to outgrow the important U.S. market Portfolio Adding high-impact innovation, e.g. digital tools Enhance process development capabilities Expand into adjacent applications Operations Accelerate workflows across the organization through digitalization Extend manufacturing base in Asia 2025 targets ~ 2.8bn 1 Sales revenue ~30% EBITDA margin 2025 ambition is based on 2017 currenc exchange rates; non-organic revenue growth is accounted for the first 12 months after initial consolidation of companies acquired from 2018 onwards; EBITDA excluding extraordinar items 20
21 Continuous market share gains in the Americas Sales growth Americas ~+15% CAGR Footprint New Oxford Bohemia Sales share America 2017: 34% 2011: 27% Mexico Cit Yauco In constant currencies Production Sales Sales Ke initiatives ( ): Own US sales organization established Investment into optimized go-to-market approach Portfolio enhanced through 6 acquisitions Process development lab opened in Boston 21
22 Business development in Asia in line with strong market growth Sales growth Asia Footprint ~+17% CAGR Beijing Hanoi Seoul Shanghai Toko In constant currencies Bangalore Kuala Lumpur Production Sales Sales Singapore Ke initiatives: Investment into optimized go-to-market approach New sales and marketing headquarter in Shanghai Application and validation lab established Preparation of new process development lab in South Korea 22
23 Infrastructure prepared for further organic growth Yauco, Puerto Rico Doubling of fluid management and filter capacities Goettingen, German Extension of filter capacities Capex ratio in % Capex composition ~ e 1 1 Based on FY 2018 guidance Aubagne, France Capacit extension of bag production ~x% Expansion Capex New ERP and extension of global IT infrastructure ~3% ~2% ~3% Minor expansion Capex Capitalized R&D Maintenance Capex Capex ratio expected to decrease from its aboveaverage levels in as of
24 Agenda 01 FY 2017 Results FY 2018 Guidance Compan Overview Business Model Mid-term Growth Prospects Appendix
25 Leading positions in ke technolog platforms Sartorius Merck Millipore Danaher Pall Thermo Fisher GE Top 3 Plaers Filtration 1. Merck Millipore 2. Danaher Pall 3. SSB Fluid Management 1. SSB 2. Thermo Fisher 3. Merck Millipore Fermentation 1. SSB 2. Thermo Fisher 3. GE Purification 1. GE 2. Merck Millipore 3. Danaher Pall Cell Culture Media 1. Thermo Fisher 2. Merck Millipore 3. GE Pie charts indicate completeness of product offering 25
26 Technolog shift towards single use Ke benefits + Capex reduction over entire lifeccle + Lower water and energ consumption + Reduced risk of cross-contamination + Higher flexibilit Single-use market penetration % % % Past Present Future 1 Own estimates 26
27 100% direct business with limited dependence on individual accounts Sales to Top 50 customers in 2017, in millions ~25% ~35% ~45% ~50% ~50% Cumulative Share Top to to to to 50 Long term business relationships with leading global (bio-)pharma companies Limited dependence on individual accounts Approx. half of 2017 revenue was generated with Top 50 customers No individual customer accounts for more than 5% of sales revenue No single drug accounts for more than 3% of sales revenue 27
28 Strong worldwide presence Rotterdam Vilvoorde Roston Epsom Malmö Mexico Cit New Oxford Bohemia Yauco Glasgow Stonehouse Dublin Laupheim Tagelswangen Lourdes Madrid Aubagne Helsinki Goettingen Guxhagen Budapest Vienna Florence M Hamdia Poznan Hanoi Beijing Seoul Shanghai Toko Bangalore Kuala Lumpur Singapore São Paulo Buenos Aires Melbourne Sales Production Production and Sales 28
29 Extract of the product portfolio Filtration Purification Fluid Management Fermentation & Cell Culture Media 29
30 On track to meet 2020 targets Strategic Initiatives Regional Further grow sales force effectiveness Gain share in North America Leverage market growth in Asia 2020 Targets ~ bn 1 Sales revenue Portfolio Alliances and acquisitions Own product development ~ 4 5 Organic ~ 1 5 Acquisitions Infrastructure Continued capacit expansion Drive digitalization and roll-out of efficient IT sstems ~29-30% 1 EBITDA 2 margin 1 Based on 2015 fx rates 2 Excluding extraordinar items 30
31 Sartorius Stedim Biotech Group Executive Committee Joachim Kreuzburg, CEO since 2007 Volker Niebel since 2007 Oscar-Werner Reif since 2009 Reinhard Vogt since 2007 Finance, Legal & Compliance, Communications, Human Resources Production, Business Processes, Suppl Chain Management, IT Research & Development Marketing, Sales & Services 30
32 Financial calendar and contacts April 3, 2018 Annual Shareholders Meeting Aubagne April 24, 2018 Publication of First-quarter 2018 Results Jul 24, 2018 Publication of First-half 2018 Results October 24, 2018 Publication of Nine-month 2018 Results Petra Kirchhoff Vice President Corporate Communications & IR Phone: Benedikt Orzelek Director Investor Relations Phone: Sartorius Corporate Administration GmbH Weender Landstrasse Goettingen, German 31
Investors Presentation. June 2018
Investors Presentation June 2018 Disclaimer This presentation contains statements concerning Sartorius Stedim Biotech Group s future performance. These statements are based on assumptions and estimates.
More informationInvestors Presentation. August 2018
Investors Presentation August 2018 Disclaimer This presentation contains statements concerning Sartorius Stedim Biotech Group s future performance. These statements are based on assumptions and estimates.
More informationInvestors Presentation. April 2017
Investors Presentation April 2017 Disclaimer This presentation contains statements concerning Sartorius Stedim Biotech Group s future performance. These statements are based on assumptions and estimates.
More informationInvestors Presentation. September 2018
Investors Presentation September 2018 Disclaimer This presentation contains statements concerning Sartorius Stedim Biotech Group s future performance. These statements are based on assumptions and estimates.
More informationInvestors Presentation. May 2017
Investors Presentation Ma 2017 Disclaimer This presentation contains statements concerning the future performance of the Sartorius Group. These statements are based on assumptions and estimates. Although
More informationInvestors Presentation. March 2017
Investors Presentation March 2017 Disclaimer This presentation contains statements concerning the future performance of the Sartorius Group. These statements are based on assumptions and estimates. Although
More informationAnnual Shareholder Meeting. Joachim Kreuzburg Chairman of the Board and CEO 03. April 2018
Annual Shareholder Meeting Joachim Kreuzburg Chairman of the Board and CEO 03. April 2018 Disclaimer This presentation contains statements concerning Sartorius Stedim Biotech Group s future performance.
More informationInvestors Presentation October 2018
Investors Presentation October 2018 Disclaimer This presentation contains statements concerning the future performance of the Sartorius Group. These statements are based on assumptions and estimates. Although
More informationConference Call Preliminary FY 2017 Results Joachim Kreuzburg, CEO Rainer Lehmann, CFO January 31, 2018
Conference Call Preliminary FY 2017 Results Joachim Kreuzburg, CEO Rainer Lehmann, CFO January 31, 2018 Disclaimer This presentation contains statements concerning the future performance of the Sartorius
More informationCheuvreux 11th German Corporate Conference 2012 Frankfurt Main; January 17, Page 1
Cheuvreux 11th German Corporate Conference 2012 Frankfurt Main; January 17, 2012 Page 1 Disclaimer This presentation contains statements concerning the Sartorius Groups future performance. These statements
More informationConference Call First-Half 2017 Results. Joachim Kreuzburg, CEO July 21, 2017
Conference Call First-Half 2017 Results Joachim Kreuzburg, CEO July 21, 2017 Disclaimer This presentation contains statements concerning the future performance of the Sartorius Group and the Sartorius
More informationConference Call Preliminary FY 2015 Results
Conference Call Preliminary FY 205 Results Joachim Kreuzburg, CEO February, 206 Disclaimer This presentation contains statements concerning the future performance of the Sartorius Group and the Sartorius
More informationConference Call Preliminary Full-Year 2018 Results. Joachim Kreuzburg (CEO), Rainer Lehmann (CFO) January 29, 2019
Conference Call Preliminary Full-Year 2018 Results Joachim Kreuzburg (CEO), Rainer Lehmann (CFO) January 29, 2019 Disclaimer This presentation contains statements concerning the future performance of the
More informationConference Call First-Quarter 2017 Results. Joachim Kreuzburg, CEO April 24, 2017
Conference Call First-Quarter 2017 Results Joachim Kreuzburg, CEO April 24, 2017 Disclaimer This presentation contains statements concerning the future performance of the Sartorius Group and the Sartorius
More informationNine-month figures for 2017: Sartorius continues to grow profitably in a challenging environment
Nine-month figures for : Sartorius continues to grow profitably in a challenging environment Group revenue up 8.6%; despite unfavorable currency effects, earnings 1 up 7.3% The Lab Products & Services
More informationSartorius Stedim Biotech: Growth dynamics temporarily dampened; continued strong mid-term perspectives
Investor Press News 2017 Nine-Month Figures Sartorius Stedim Biotech: Growth dynamics temporarily dampened; continued strong mid-term perspectives in millions unless otherwise specified 9 months 2017 9
More informationFirst-quarter figures: Sartorius Stedim Biotech off to a dynamic start into 2018
First-quarter figures: Sartorius Stedim Biotech off to a dynamic start into Group revenue up 9.8%; driven by positive development in all regions Exchange rate effects dampen profit growth Guidance for
More informationH Sartorius Group Conference Call. Joachim Kreuzburg, CEO July 25, Page 1
H1 2012 Sartorius Group Conference Call Joachim Kreuzburg, CEO July 25, 2012 Page 1 Disclaimer This presentation contains statements concerning the Sartorius and Sartorius Stedim Biotech Group s future
More informationNine-month figures for 2018: Sartorius Stedim Biotech continues to grow by double digits
Nine-month figures for : Sartorius Stedim Biotech continues to grow by double digits Group sales revenue up 13.8%; order intake up 14.5%; earnings margin 28.1% Dynamic development across all product categories
More information0 First-Half Financial Report Key Figures for the First Half and Second Quarter of First-Half Financial Report
0 First-Half Financial Report Key Figures for the First Half and Second Quarter of 2018 First-Half Financial Report First-Half Financial Report Key Figures for the First Half and Second Quarter of 2018
More informationEarnings Release Q1 2017
First-quarter figures: Sartorius starts off with double-digit growth Group sales revenue up 12.2%; earnings 1 up 17.0% Lab Products & Services shows very dynamic performance driven by organic growth and
More informationtwo industry leaders, one solution provider
two industry leaders, one solution provider Sartorius Stedim Biotech Group Six-Month Report January to June 2007 Material Events The Sartorius Stedim Biotech Group (SSB) resulted from the combination of
More informationSartorius Stedim Biotech Group First-Half Financial Report from January to June 2016
Sartorius Stedim Biotech Group First-Half Financial Report from January to June Key Figures for the First Half of in millions of unless otherwise specified 2015 Change in % Change in % cc 1 Sales Revenue
More informationCombined Group Management Report
Combined Group Management Report 22 Group Management Report Structure and Management of the Group Structure and Management of the Group Sartorius AG 100% ~ 74% 100% Service and infrastructure companies
More informationSartorius Stedim Biotech Group First-Half Financial Report from January to June 2014
Sartorius Stedim Biotech Group First-Half Financial Report from January to June Key Figures for the First Half of in millions of unless otherwise specified 2013 Growth in % Growth in % (in const. currencies)
More informationEarnings Release 9M 2016
Nine-month Figures for : Sartorius Continues to Grow by Strong Double Digits Dynamic growth for the Bioprocess Solutions Division; positive development of the Lab Products & Services Division Earnings
More informationSartorius Group First-Half Financial Report from January to June 2017
Sartorius Group First-Half Financial Report from January to June Key Figures for the First Half of In millions of unless otherwise specified Group Bioprocess Solutions Lab Products & Services reported
More informationSartorius Stedim Biotech Group Nine-Month Report from January to September 2011
Sartorius Stedim Biotech Group Nine-Month Report from January to September 2011 Business Development and Outlook Double-digit increase in sales revenue Underlying EBITA soared 22.0% Guidance for fiscal
More informationSartorius Group 2015 Annual Report
Sartorius Group 2015 Annual Report Order Intake and Sales Revenue in millions 1,200 749.5 866.8 912.3 819.6 929.2 1,172.7 733.1 845.7 887.3 791.6 891.2 1,114.8 Underlying EBITDA and Margin 1) 136.6 161.1
More informationSartorius Stedim Biotech Group First-Half Financial Report January to June 2012
Sartorius Stedim Biotech Group First-Half Financial Report January to June 2012 Macroeconomic Environment and Sector Conditions Macroeconomic Environment The global economy continued to grow in the first
More information0 First-Half Financial Report Key Figures for the First Half and Second Quarter of First-Half Financial Report
0 First-Half Financial Report Key Figures for the First Half and Second Quarter of First-Half Financial Report First-Half Financial Report Key Figures for the First Half and Second Quarter of 1 Key Figures
More informationSartorius Group 2018 Annual Report
Sartorius Group 2018 Annual Report Order Intake and Sales Revenue in millions 1,800 929.2 1,172.7 1,334.7 1,501.4 1,662.5 891.2 1,114.8 1,300.3 1,404.6 1,566.0 Underlying EBITDA and Margin 1) 186.8 263.2
More informationSartorius Stedim Biotech Group Reference Document 2013
Sartorius Stedim Biotech Group Reference Document 2013 Order Intake and Sales Revenue in millions Underlying EBITDA and EBITA in millions 700 409.9 442.6 500.2 553.9 614.9 401.2 432.9 477.3 544.0 588.4
More informationDANAHER TO ACQUIRE GE LIFE SCIENCES BIOPHARMA BUSINESS ( GE Biopharma ) February 25, 2019
DANAHER TO ACQUIRE GE LIFE SCIENCES BIOPHARMA BUSINESS ( GE Biopharma ) February 25, 2019 Forward Looking Statements Statements in this presentation and the accompanying call that are not strictly historical,
More informationSartorius Group 2014 Annual Report
Sartorius Group 2014 Annual Report Order Intake and Sales Revenue in million 950 681.1 749.5 866.8 912.3 819.6 929.2 659.3 733.1 845.7 887.3 791.6 891.2 Underlying EBITDA 1) in million 200 110.2 136.6
More informationLonza Reports Best First Half in History with Continued Strong Momentum
Pharma&Biotech Lonza Reports Best First Half in History with Continued Strong Momentum Richard Ridinger CEO Lonza Additional Information and Disclaimer Lonza Group Ltd has its headquarters in Basel, Switzerland,
More information27 February 2017 «BULLETIN DES ANNONCES LEGALES OBLIGATOIRES» Form n 25 NOTICE SHAREHOLDERS AND SHARES BEARERS ANNUAL SHAREHOLDERS MEETING
27 February 2017 «BULLETIN DES ANNONCES LEGALES OBLIGATOIRES» Form n 25 NOTICE SHAREHOLDERS AND SHARES BEARERS ANNUAL SHAREHOLDERS MEETING SARTORIUS STEDIM BIOTECH A Société Anonyme with capital of 18,436,038
More informationBOARD OF DIRECTORS REPORT ON RESOLUTIONS SUBMITTED TO THE COMBINED ORDINARY AND EXTRAORDINARY ANNUAL SHAREHOLDERS MEETING 7 APRIL 2015
BOARD OF DIRECTORS REPORT ON RESOLUTIONS SUBMITTED TO THE COMBINED ORDINARY AND EXTRAORDINARY ANNUAL SHAREHOLDERS MEETING 7 APRIL 2015 We have summon you in a combined Shareholders Meeting in order to
More information2016 FULL YEAR RESULTS. February 28th, 2017
2016 FULL YEAR RESULTS February 28th, 2017 INTRODUCTORY MATERS Forward-Looking Information This document contains certain forward-looking statements which speak only as of the date on which they are made.
More informationSartorius Group 2013 Annual Report
Sartorius Group 2013 Annual Report Order Intake and Sales Revenue in millions Underlying EBITDA and EBITA in millions 950 615.1 681.1 749.5 866.8 912.3 602.1 659.3 733.1 845.7 887.3 175 85.1 110.2 136.6
More information2007 Revenue and Results. 2007: strong increase in results Strengthened growth momentum. February 15 th, 2008
2007 Revenue and Results 2007: strong increase in results Strengthened growth momentum February 15 th, 2008 2007 revenue and results Agenda A successful 2007 Be the recognized industry leader John Glen
More informationFinancial Statements of the Parent Company. Sartorius Stedim Biotech S.A. as of December 31, 2016
64 To Our Shareholders Financial Statements of the Parent Company Sartorius Stedim Biotech S.A. as of December 31, 2016 Financial Statements of the Parent Company Sartorius Stedim Biotech S.A. as of December
More informationMERCK KGAA, DARMSTADT, GERMANY
MERCK KGAA, DARMSTADT, GERMANY PREPARING STRATEGIC OPTIONS FOR CONSUMER HEALTH Belén Garijo, CEO Healthcare Marcus Kuhnert, CFO September 5, 2017 Disclaimer Publication of Merck KGaA, Darmstadt, Germany.
More informationHenkel Shaping Henkel towards 2020 and beyond. Hans Van Bylen, Carsten Knobel German Investment Seminar 2017 January 2017
Henkel 2020 + Shaping Henkel towards 2020 and beyond Hans Van Bylen, Carsten Knobel German Investment Seminar 2017 January 2017 Disclaimer This information contains forward-looking statements which are
More informationA Step Change in Sales with Improved Performance Airgas Synergies Ahead of Plan
Full Year 2017 Results A Step Change in Sales with Improved Performance Airgas Synergies Ahead of Plan Paris, 15 February 2018 Agenda 1. Highlights 2. 2017 performance 3. 2018 priorities and outlook 2
More information112 Consolidated Financial Statements and Notes Independent Auditors' Fees. Consolidated Financial Statements and Notes
112 Consolidated Financial Statements and Notes Independent Auditors' Fees 04 Consolidated Financial Statements and Notes Consolidated Financial Statements and Notes Statement of Profit or Loss and Other
More informationInvestor Relations News November 16, Henkel presents growth strategy and financial targets for Outperform Globalize Simplify Inspire
Investor Relations News November 16, 2012 Outperform Globalize Simplify Inspire Henkel presents growth strategy and financial targets for 2016 Strong potential for accelerated growth and increased profitability
More informationQ3 15 Results. 25 November 2015
Q 15 Results 25 November 2015 Q 15 Results Company overview A leading global provider of T&CS with strong market position Highly educated workforce providing high-value services worldwide Diversified client
More informationMerck FY/Q Financial Summary for Investors and Analysts
Merck FY/Q4 2014 Financial Summary for Investors and Analysts Strategic progress and delivery of results in 2014: Closing and successful integration of AZ Electronic Materials Announcement of Sigma-Aldrich
More informationHenkel Our strategic priorities for the future. Hans Van Bylen / Carsten Knobel Press Conference, November 17, 2016
Henkel 2020 + Our strategic priorities for the future Hans Van Bylen / Carsten Knobel Press Conference, November 17, 2016 Disclaimer This information contains forward-looking statements which are based
More informationHenkel AG & Co. KGaA. Klaus Keutmann Frankfurt,
Henkel AG & Co. KGaA Klaus Keutmann Frankfurt, 21.01.2015 Disclaimer This information contains forward-looking statements which are based on current estimates and assumptions made by the corporate management
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 informationJEFFERIES GLOBAL HEALTHCARE CONFERENCE
JEFFERIES GLOBAL HEALTHCARE CONFERENCE November 20, 2014 2014 PAREXEL INTERNATIONAL CORP. ALL RIGHTS RESERVED. SAFE HARBOR This presentation contains forward-looking statements within the meaning of Section
More informationSartorius AG Financial Statements
Sartorius AG 2012 Financial Statements Contents 01 Financial Statements and Notes 4 Balance Sheet 5 Income Statement 6 Notes to the Individual Balance Sheet Items 10 Notes to the Income Statement 13 Remuneration
More informationAcquisition of GE Water
Acquisition of GE Water Stepping up into the Industrial Water Services Market March 8 th, 2017 Disclaimer Certain information included in this press release and other statements or materials published
More informationMerck FY/Q Financial Summary for Investors and Analysts
Merck FY/Q4 2017 Financial Summary for Investors and Analysts Performance amid headwinds: Healthcare sound core business; successful launches of Mavenclad & Bavencio Life Science strong performance above
More informationAcquisition of Wood Mackenzie. March 10, 2015
Acquisition of Wood Mackenzie March 10, 2015 Forward Looking Statements, Safe Harbor & Non- GAAP Financial Measures Forward-Looking Statements This presentation contains forward-looking statements. These
More informationBankhaus Lampe German Conference
Bankhaus Lampe German Conference April 19, 2018 Dr. Dominik Heger SVP IR & CC Robert Adolph Director IR 1 Safe harbor statement: This presentation includes certain forward-looking statements within the
More informationGerresheimer A Leading Partner for the Pharma & Life Science Industry. Eigenkapitalforum Deutsche Börse AG. Frankfurt, November 11, 2008
Gerresheimer A Leading Partner for the Pharma & Life Science Industry Eigenkapitalforum Deutsche Börse AG Frankfurt, November 11, 2008 Hans-Jürgen Wiecha, CFO 0 Disclaimer This presentation may contain
More informationInvestor Presentation
Investor Presentation May 2013 48,000 employees 200 offices 70 countries 1 global platform Table of Contents I. Company Description II. Global Growth Strategy III. Financial Overview IV. Appendix 2 Company
More informationStrengthening the economic model
Strengthening the economic model Cécile CABANIS Executive Vice President, Chief Financial Officer Strategy and Information Systems DISCLAIMER This document is presented by Danone. It contains certain forward-looking
More informationConsolidated Financial Statements and Notes Statutory Auditors' Report on the Consolidated Financial Statements 161
Consolidated Financial Statements and Notes Statutory Auditors' Report on the Consolidated Financial Statements 161 Annual Financial Statements of SSB S.A. and Notes 05 162 Consolidated Financial Statements
More informationBB&T Capital Markets Commercial
The Original Clean Technology Company BB&T Capital Markets Commercial & Industrial Conference Eric Krasnoff CEO & President April 7, 2011 1 Forward-Looking Statements The matters discussed in this presentation
More informationZEBRA TECHNOLOGIES. William Blair Growth Stock Conference June 16, 2016
ZEBRA TECHNOLOGIES William Blair Growth Stock Conference June 16, 2016 Safe Harbor Statement Statements made in this presentation which are not statements of historical fact are forward-looking statements
More informationJefferies Global Healthcare Conference
Jefferies Global Healthcare Conference June 7, 2012 2012 PAREXEL International Safe Harbor This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act
More informationFull Year 2011 Results
Full Year 2011 Results Nancy McKinstry CEO and Chairman of the Executive Board Boudewijn Beerkens CFO and Member of the Executive Board Jack Lynch Member of the Executive Board February 22, 2012 Forward-looking
More informationUDG Healthcare plc Interim Results Presentation FY17. London Stock Exchange, 23 rd May 2017
UDG Healthcare plc Interim Results Presentation FY17 London Stock Exchange, 23 rd May 2017 Forward looking statements This Presentation has been prepared by UDG Healthcare plc and contains certain forward-looking
More informationFiscal Year st Quarter Earnings Conference Call
Fiscal Year 2018 1 st Quarter Earnings Conference Call February 7, 2018 www.jacobs.com worldwide Forward-Looking Statement Disclaimer Certain statements contained in this presentation constitute forward-looking
More informationSartorius AG 2016 Financial Statements
Sartorius AG Financial Statements Forward-looking Statements Contain Risks This annual report contains statements concerning the future performance of Sartorius AG. These statements are based on assumptions
More informationFY2017 Earnings presentation. Landis+Gyr June 5, 2018
FY2017 Earnings presentation Important notices This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are
More informationCONFERENCE CALL First nine months 2018 results. IMCD N.V. 7 November 2018
CONFERENCE CALL First nine months 2018 results IMCD N.V. 7 November 2018 Page 2 Disclaimer This presentation may contain forward looking statements. These statements are based on current expectations,
More informationBARCLAYS GLOBAL CONSUMER STAPLES CONFERENCE
I 1 I BARCLAYS GLOBAL CONSUMER STAPLES CONFERENCE September 6, 2017 Emmanuel Faber, CEO I 2 I This document contains certain forward-looking statements concerning Danone. In some cases, you can identify
More informationHeading back to profitable growth
Commerzbank German Investment Seminar 2010 New York January 12, 2010 Dr. Kurt Bock, CFO Heading back to profitable growth 1 Forward-looking statements This presentation includes forward-looking statements
More informationQ2 FY 2009 Sales & Earnings. March 12, 2009
Q2 FY 2009 Sales & Earnings March 12, 2009 Forward-Looking Statements The matters discussed in this presentation contain forward-looking statements as defined in the Private Securities Litigation Reform
More informationWolters Kluwer 2016 Full-Year Results
Wolters Kluwer 2016 Full-Year Results Nancy McKinstry CEO Kevin Entricken CFO February 22, 2017 2016 Full-Year Results 1 Forward-looking Statements This presentation contains forward-looking statements.
More informationFinancing Business - Bank Partnering in Vietnam. CEEC Breakfast Meeting
Financing Business - Bank Partnering in Vietnam CEEC Breakfast Meeting 21.09.2017 Agenda 1 Commerzbank Introduction Slide 2 2 Bank Partnering Concept Slide 8 3 Techcombank Introduction Slide 11 1 1 Commerzbank
More informationVontobel Summer Conference
Pierre L. Ozendo Member of the Executive board Head of Asia Division Cautionary note on forward-looking statements Slide 2 Certain statements contained herein are forward-looking. These statements provide
More informationMid-Term Financial Targets & Capital Allocation
Mid-Term Financial Targets & Capital Allocation Matthias Zachert Chief Financial Officer Darmstadt, 15 May, 2012 Agenda 1. Introduction 2. Savings 3. Financial Targets 4. Capital Allocation & Others 3
More informationJoint spin-off report. as of 10 March of the Executive Board of Sartorius Aktiengesellschaft. and
Joint spin-off report as of 10 March 2011 of the Executive Board of Sartorius Aktiengesellschaft and the management of Sartorius Weighing Technology GmbH pursuant to 127 of the German Reorganization and
More informationSchroders. KBW European Financials Conference. Massimo Tosato Vice Chairman. 17 September trusted heritage advanced thinking
Schroders KBW European Financials Conference Massimo Tosato Vice Chairman trusted heritage advanced thinking 17 September 2008 Schroders plc Overview Independent Exclusive focus on asset management Global
More informationJEFFERIES 2018 LONDON HEALTHCARE CONFERENCE. London November 14, 2018
JEFFERIES 2018 LONDON HEALTHCARE CONFERENCE London November 14, 2018 SAFE HARBOR STATEMENT Forward-looking statements involve risks. This company presentation contains various statements concerning the
More informationZEBRA TECHNOLOGIES FIRST QUARTER 2016 RESULTS May 10, 2016
ZEBRA TECHNOLOGIES FIRST QUARTER 2016 RESULTS May 10, 2016 Anders Gustafsson Chief Executive Officer Mike Smiley Chief Financial Officer 2 Safe Harbor Statement Statements made in this presentation which
More informationInvestor Call Half-Year Results 2016
Investor Call Half-Year Results 2016 September 22th, 2016 Philipp Kuckuck, Vice President Corporate Finance Disclaimer This presentation was prepared with reasonable care. However, no responsibility can
More information2015 First Quarter Business Review (unaudited) April 23, 2015
2015 First Quarter Business Review (unaudited) April 23, 2015 1 Forward Looking Statement This presentation contains forward-looking information about 3M's financial results and estimates and business
More informationMay Global Growth Strategy
May 2012 Global Growth Strategy Jones Lang LaSalle Global Growth Strategy G1 G3 Build our local and regional leasing and capital markets businesses G5 Connections Capture the leading share of global capital
More information2017 Full Year Results Strong financial performance Investing for the future. 26 January 2018
Strong financial performance Investing for the future 26 January 2018 Gilles Andrier Chief Executive Officer 26 January 2018 2 Performance highlights Sales of CHF 5.1 billion, up 4.9% on a like-for-like*
More informationSolid performance in a mixed environment
2014 Full Year Solid performance in a mixed environment Paris, 2014 Full Year Paris, Solid performance and sustained shareholder return in a mixed environment Sales growth, enhanced competitiveness Strong
More informationROADSHOW AMSTERDAM MARCH 27, Copyright
ROADSHOW AMSTERDAM MARCH 27, 2019 Copyright Safe harbor statement: This presentation includes certain forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as
More informationSecond Quarter 2017 Financial Results
Technology Insight Innovation Second Quarter 2017 Financial Results August 9 th, 2017 Technology Insight Innovation Disclaimer Forward Looking Statements Certain statements included in this presentation
More informationAgenda. 1. Highlights 9M 2013 Results. 2. Financials. 3. Conclusion
1November 2013 Legal Disclaimer Information in this presentation may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve
More informationAgenda. 1. Highlights FY 2012 Results. 2. Operational Performance Priorities for Financials. 5. Conclusion
1MARCH 2013 Legal Disclaimer Information in this presentation may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve
More informationKION UPDATE CALL Q Gordon Riske, CEO Thomas Toepfer, CFO Wiesbaden, 7 May 2015
KION UPDATE CALL 2015 Gordon Riske, CEO Thomas Toepfer, CFO Wiesbaden, 7 May 2015 AGENDA 1 Highlights Gordon Riske 2 Market update Gordon Riske 3 Financial update Thomas Toepfer 4 Outlook Gordon Riske
More informationZEBRA TECHNOLOGIES SECOND-QUARTER 2016 RESULTS. August 9, 2016
ZEBRA TECHNOLOGIES SECOND-QUARTER 2016 RESULTS August 9, 2016 Anders Gustafsson Chief Executive Officer Mike Smiley Chief Financial Officer 2 Safe Harbor Statement Statements made in this presentation
More informationContinued growth in a more contrasted economic environment
2014 3 rd Quarter Continued growth in a more contrasted economic environment Paris, 2014 Q3 activity Paris, Fabienne Lecorvaisier l Chief Financial Officer Continued growth in a more contrasted economic
More information2010 Results. Solid performance New momentum established. Paris, February 15, Benoît Potier, Chairman and CEO
2010 Results Solid performance New momentum established Paris, February 15, 2011 Benoît Potier, Chairman and CEO Solid 2010 performance Back to more sustained growth Further improvement in operating performance
More informationForward Looking Statements
Kingspan 2015 Full Year Results 22 nd February 2016 Disclaimer Forward Looking Statements This presentation contains certain forward-looking statements including, without limitation, regarding the Group
More informationPERFORMANCE AMID HEADWINDS
Stefan Oschmann, CEO Marcus Kuhnert, CFO PERFORMANCE AMID HEADWINDS March 8, 2018 We have met all financial targets for 2017 15.3 bn 15.7 bn 4,400 m 4,600 m 6.15 6.50 15,327 m 4,414 m 6.16 Totals may not
More informationDONALDSON COMPANY Investor Presentation
DONALDSON COMPANY Investor Presentation For more information, contact: Brad Pogalz Director, Investor Relations and Corporate Communications brad.pogalz@donaldson.com 952-887-3753 SAFE HARBOR STATEMENT
More informationOur Transformation Continues. March 21, 2018
Our Transformation Continues March 21, 2018 Disclosure Regarding Forward-Looking Statements Forward-Looking Statements and Factors That May Affect Future Results: Throughout this presentation, we make
More informationCredit Suisse 6 th Annual Industrials Conference November 2018
Credit Suisse 6 th Annual Industrials Conference November 2018 Safe Harbor This presentation includes forward-looking statements which are statements that are not historical facts, including statements
More information