Orell Fussli Ag · SIX:OFN
Orell Fussli — FY2021 Earnings Presentation
26 slides from Orell Fussli's earnings presentation, Mar 10, 2022
Slide 1: Annual Results 2021
Annual Results 2021 Analyst & Media Conference 10 March 2022 Zurich - online
Slide 2: Agenda
01 Welcome Dr Martin Folini, Chairman of the Board of Directors Orell Füssli 02 Financial results 2021 Reto Janser, CFO Orell Füssli 03 Business year 2021 Daniel Link, CEO Orell Füssli 04 Strategy update & outlook Daniel Link, CEO Orell Füssli 05 Q&A
Slide 3: Welcome
Welcome Dr Martin Folini Chairman of the Board of Directors, Orell Füssli
Slide 4: Evolving from a printing company to a security and education solutions provider
"We are evolving from a printing company to a leading solutions provider in security and education." Dr Martin Folini Chairman of the Board of Directors
Slide 5: 2021 - Increase profitability and dividend
Analyst & Media Conference 2022 10 March 2022 5 2021 - Increase profitability and dividend Stable business development in line with expectations Competence centre for security technologies and individualisation of Operational profitability increased valuable documents Security Negative currenc
Slide 6: Strategic focus and development of Orell Füssli Group
Analyst & Media Conference 2022 10 March 2022 6 Strategic focus and development of Orell Füssli Group Strengthen resilience to market cycles, focus on growth Innovation and quality leader for banknotes and value documents businesses and profitability of the Group Linking physical and digital doc
Slide 7: Financial Results 2021
Financial Results 2021 Reto Janser CFO, Orell Füssli
Slide 8: Financial key figures Group 2021
Financial key figures Group 2021 CHF m 2021 2020 % Revenues 210.4 218.6 -3.8% Revenues in line with expectations EBITDA 25.4 24.1 5.4% Order backlog and order intake at a good level at the end of the year Operating result (EBIT) 15.4 14.4 6.9% Operational profitability increased thanks to effi
Slide 9: Key financial figures divisions 2021
Key financial figures divisions 2021 CHF m 2021 2020 % Security Printing Revenues 73.8 87.3 -15.5% Security Printing with lower revenues due to export business, cyclicality but improved profitability thanks to EBIT 6.1 5.5 10.9% favorable product mix and efficiency improvements Industrial Systems
Slide 10: Financial Situation as of 31 December 2021
Analyst & Media Conference 2022 10 March 2022 10 Financial Situation as of 31 December 2021 Total assets Equity financing ratio CHF 185.9 m (CHF 211.1 m) 74.7% Solid balance sheet and high equity (68.4%) financing ratio Cash flow from Freely available Reassuring cash base to operate the Free Cas
Slide 11: Value Generation
Value Generation Cash flow from Yield on share P/E ratio operating activities 46.2 6.9% 43.2 (in CHF m) 6.0% 39.4 3.5% 3.8% 23.0 26.4 18.8 20.8 2.8% 16.2 16.5 11.9 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 The profitable core business is The share is traded at an att
Slide 12: Business Year 2021
Business Year 2021 Daniel Link CEO, Orell Füssli
Slide 13: We want to grow and create value sustainably
"We want to grow and continue to create value - sustainably and with a long-term perspective." Daniel Link CEO
Slide 14: Highlights 2021
Highlights 2021 4 Largest 5 acquisitions and order ever for new bookstores Zeiser numbering investments systems New Launch New generation of security printing of several and eco friendly production bestsellers in the Zeiser headquarter systems publishing house in Emmingen/D
Slide 15: Security Printing - Healthy but cyclical banknote market
Analyst & Media Conference 2022 10 March 2022 15 Security Printing - Healthy but cyclical banknote market Presentation of Focus 2022 “Utopian Dual” Strong ID Business banknote concept (analogue / digital) Increased demand post Covid expected Acquisition of additional anchor customers remains tar
Slide 16: Industrial Systems - Business stabilized at a high level
Analyst & Media Conference 2022 10 March 2022 16 Industrial Systems - Business stabilized at a high level Focus 2022 HQ Building Market Leader completed on time (> 80 % MS) during pandemic Increased marked activities since Q1’22 recognized Exploiting synergies and growth potential by leveraging
Slide 17: Orell Füssli Thalia - Good business year despite difficult conditions
Analyst & Media Conference 2022 10 March 2022 17 Orell Füssli Thalia - Good business year despite difficult conditions Focus 2022 6.5% Increase book market growth of (yty) in Switzerland Market Share Optimize shop network and surfaces Opening of new retail shops in highly frequented locations
Slide 18: Orell Füssli Publishing - Paved the way to next phase
Analyst & Media Conference 2022 10 March 2022 18 Orell Füssli Publishing - Paved the way to advance next phase Successful focus on learning and Focus 2022 Strategy Process educational media, initiated legal media and Development towards a digital content provider in learning media based on childre
Slide 19: Strategy & Outlook
Strategy & Outlook Daniel Link CEO, Orell Füssli
Slide 20: Serving attractive markets where digitalization offers growth
Analyst & Media Conference 2022 10 March 2022 20 Serving attractive markets where digitalization offers sizeable growth opportunities Security printing Industrial Systems Development from security printing to Adding digital track & trace solution to the security solution provider mechatronic seriali
Slide 21: Building a leader in Digital Trust Services
Analyst & Media Conference 2022 10 March 2022 21 Leveraging our core strength to build a leader in Digital Trust Services Competence as innovation leader in traditional security printing Competence combined with acquired digital competences Long-standing brand with highest trust Brand & Centra
Slide 22: Strategic Partnership with Swisscom for Digital Certificates
Analyst & Media Conference 2022 10 March 2022 22 Strategic Partnership with Swisscom for Digital Certificates System provider for security technologies and identity Provider of digital services and solutions infrastructure Provide users, businesses and Mobile solutions government agencies trustwor
Slide 23: Sustainability: Focus areas and key initiatives 2021
Analyst & Media Conference 2022 10 March 2022 23 Sustainability: Focus areas and key initiatives 2021 Key initiatives and achievements 2021: Training and education programs of employees to be a Support of public transport and sustainable mobility solutions modern employer for employees Conduct
Slide 24: Dividend FY 21 & Outlook 2022
Dividend FY 21 & Outlook 2022 Distribution of 60 - 80% of net Dividend profit to Policy shareholders Revenue Dividend 24.11.22 Investor Day CHF 3.40 Zürich Moderate increase in revenues at EBIT Margin EBIT margin slightly Group level lower due to investments in the digital business and higher deprec
Slide 25: Contact
Contact Orell Füssli Ltd Dietzingerstrasse 3 8036 Zurich +41 44 466 72 73 [email protected] [email protected] orellfuessli.com
Slide 26: Disclaimer
Analyst & Media Conference 2022 10 March 2022 26 Disclaimer US PRIVATE SECURITIES LITIGATION REFORM ACT 1995 This presentation contains forward-looking statements, including but not limited to, projections of future performance of materials and products, which involve risks and uncertainties. These