Mikron Holding Ag · SIX:MIKN
Mikron — Investor Presentation (September 2013)
40 slides from Mikron's investor presentation, September 2013
Slide 1: Mikron Group
Mikron Group
Slide 2: Agenda
Agenda 1 Group overview 2 Markets and customers 3 Corporate Governance 4 Operational performance 5 Financial transparency 6 Mikron Machining 7 Mikron Automation 2 September 2013 Mikron Group
Slide 3: Agenda
Agenda 1 Group overview 2 Markets and customers 3 Corporate Governance 4 Operational performance 5 Financial transparency 6 Mikron Machining 7 Mikron Automation 3 September 2013 Mikron Group
Slide 4: The Mikron Group
The Mikron Group We market machining and automation solutions, enabling customers around the world to master their precision manufacturing processes. Mikron Machining Mikron Automation Machining systems and solutions, Assembly systems and automation Cutting Tools solutions 4 September 2013 Mikron Gr
Slide 5: Our major milestones
Our major milestones 1908 Watch manufacturer Karl Lüthy establishes Maschinenfabrik Mikron AG in Biel/Bienne. 1962 Mikron acquires Haesler SA of Boudry, Switzerland, the producer of transfer machines. 1978 Mikron US Corporation establishes as a sales company at South Norwalk, CT/USA. Four years late
Slide 6: Agenda
Agenda 1 Group overview 2 Markets and customers 3 Corporate Governance 4 Operational performance 5 Financial transparency 6 Mikron Machining 7 Mikron Automation 6 September 2013 Mikron Group
Slide 7: End user markets
End user markets Automotive Pharma/ Electric/ Consumer goods Medical Electronics Hydraulic/ Industrial / Writing Others Pneumatic Building 7 September 2013 Mikron Group
Slide 8: End user markets
End user markets Mikron Group: Sales by industry in % Total CHF 235 million (2012) Writing: 5% Consumer Goods: 12% Other: 17% Pharma/Medical Devices: 22% Automotive: 44% 8 September 2013 Mikron Group
Slide 9: Creating value for our customers – an extract from our customer portfolio
Creating value for our customers – an extract from our customer portfolio 9 September 2013 Mikron Group
Slide 10: Production sites and representatives around the world
Production sites and representatives around the world Switzerland: Germany: USA: Denver Agno, Boudry Berlin, Rottweil P.R. China: Shanghai Singapore Production sites Sales and service representatives Mikron Automation Mikron Machining Mikron Holding AG Biel, Switzerland 10 September 2013 Mikron Grou
Slide 11: Geographical markets
Geographical markets Mikron Group: Sales by region in % Total CHF 235 million (2012) Other markets: 1% Asia/Pacific, India: 10% North America: 11% Switzerland: 14% Europe: 64% 11 September 2013 Mikron Group
Slide 12: Employees
Employees 1,100 employees worldwide who provide customers with an experience that reflects over 100 years of leadership in high-performance and high-precision production. 3% Quality 4% Apprentices/Trainees 6% Logistics 8% After Sales Services 9% General Management & Administration 10% Sales & Market
Slide 13: Agenda
Agenda 1 Group overview 2 Markets and customers 3 Corporate Governance 4 Operational performance 5 Financial transparency 6 Mikron Machining 7 Mikron Automation 13 September 2013 Mikron Group
Slide 14: Swiss group of industrial investors secures stable ownership
Swiss group of industrial investors secures stable ownership Board and Group Management: 1% Public shareholders: 29% Group of investors: 70% Group of investors Ammann Group Holding AG Mr Rudolf Maag Tegula AG Personalfürsorgestiftung Rieter AG Affentranger Holding AG 14 September 2013 Mikr
Slide 15: Board of Directors
Board of Directors Heinrich Spoerry 1) Patrick Kilchmann 1) Chairman, Member, non-executive non-executive Eduard Andreas Steiner Rikli Member, Vice-Chairman, non-executive non-executive Andreas Casutt Member, non-executive 1) Representative of investors' group 15 September 2013 Mikron Group
Slide 16: Group Management
Group Management Bruno Cathomen Rolf Rihs Martin Blom CEO Mikron Group & COO Mikron COO Mikron Automation CFO Mikron Group Machining Dipl. Ing. ETH Dipl. Wirtschaftsprüfer, Dipl. Ing. ETH Betriebsökonom FH 20 years of industry experience 20 years of industry experience 15 years of finance experience
Slide 17: Agenda
Agenda 1 Group overview 2 Markets and customers 3 Corporate Governance 4 Operational performance 5 Financial transparency 6 Mikron Machining 7 Mikron Automation 17 September 2013 Mikron Group
Slide 18: Growing volumes …
Growing volumes … Mikron Group: Volumes in CHF million Net sales + 11% vs. 2011 300 250 264 235 200 211 183 150 150 100 50 0 2008 2009 2010 2011 2012 Net sales 18 September 2013 Mikron Group
Slide 19: … and profitability …
… and profitability … Mikron Group: EBIT in CHF million EBIT- Margin: 4.5% 20 10 9.4 11.2 0 3.1 -10 -14.3 -20 -30 -31.8 -40 2008 2009 2010 2011 2012 19 September 2013 Mikron Group
Slide 20: … supported by a solid equity position
… supported by a solid equity position Mikron Group: Equity ratio At year-end, in % of total assets (2012) Solid equity position: CHF 153 80 million 67.3 67.1 68.2 67.6 66.2 60 40 20 0 2008 2009 2010 2011 2012 20 September 2013 Mikron Group
Slide 21: Key figures
Key figures in CHF million 2008 2009 2010 2011 2012 Order intake 233.6 129.7 219.8 225.0 236.3 Net sales 264.2 150.1 182.5 210.9 235.3 Order backlog 82.0 51.2 84.2 95.9 109.5 Operating result -15.8 -32.8 0.5 7.4 9.1 EBIT -14.3 -31.8 3.1 9.4 11.2 Cash flow -8.2 1.4 14.9 8.0 9.8 Number of employees 1,
Slide 22: Agenda
Agenda 1 Group overview 2 Markets and customers 3 Corporate Governance 4 Operational performance 5 Financial transparency 6 Mikron Machining 7 Mikron Automation 22 September 2013 Mikron Group
Slide 23: High financial transparency through public listing since 1983
High financial transparency through public listing since 1983 Share capital CHF 1.67 Mio. Number of shares outstanding 16,712,744 Nominal value CHF 0.10 Stock-market SIX Swiss Exchange, Zurich (Domestic Standard) Symbol MIKN ISIN number CH0003390066 Index SPI 23 September 2013 Mikron Group
Slide 24: Mikron Financial Calendar
Mikron Financial Calendar 2013 Semi-annual results 2013 19 July 2013 2014 Preliminary volume figures for 2013 23 January 2014 Publication of the 2013 Annual Report 10 March 2014 Press Conference and Conference for Financial Analysts 10 March 2014 Annual General Meeting 2014 8 April 2014 24 September
Slide 25: Agenda
Agenda 1 Group overview 2 Markets and customers 3 Corporate Governance 4 Operational performance 5 Financial transparency 6 Mikron Machining 7 Mikron Automation 25 September 2013 Mikron Group
Slide 26: Machining solutions
Machining solutions We are the leading supplier of customized, highly productive machining solutions for the manufacturing of complex high- precision components made of metal. 26 September 2013 Mikron Group
Slide 27: Mikron Machining – customized and highly productive
Mikron Machining – customized and highly productive Machining Systems Cutting Solutions Service Solutions Our mission Lead by the requests and financial possibilities of our customers we supply worldwide the best production solutions for specific high volume and high precision machining applications
Slide 28: Mikron Machining – for the manufacturing of complex high-precision components
Mikron Machining – for the manufacturing of complex high-precision components made of metal ABS case Watch platine Connector socket 28 September 2013 Mikron Group
Slide 29: Mikron Machining – sustainable value creation for customers
Mikron Machining – sustainable value creation for customers Case study Multistep™ XT-200 300 m2 165 m2 12 FTE 6 FTE 29 September 2013 Mikron Group
Slide 30: Mikron Machining – key facts
Mikron Machining – key facts Headquarters Mikron SA Agno Foundation 1908: Mikron AG, Biel 1957: Albe SA, Viganello (acquired 1986) Number of employees 535 FTE (31.12.2012) Net sales 2012: CHF 134 million 2011: CHF 123 million Main end user markets Automotive (51% in 2012), writing instruments, consu
Slide 31: Mikron Machining – production sites, strategic partnership and representatives
Mikron Machining – production sites, strategic partnership and representatives Switzerland: Agno Germany: Rottweil Production sites Sales and service representatives HQ Mikron Machining Mikron SA Agno, Switzerland Mikron GmbH Rottweil, Germany 31 September 2013 Mikron Group
Slide 32: Agenda
Agenda 1 Group overview 2 Markets and customers 3 Corporate Governance 4 Operational performance 5 Financial transparency 6 Mikron Machining 7 Mikron Automation 32 September 2013 Mikron Group
Slide 33: Automation solutions
Automation solutions We are one of the world's leading manufacturers of customized, highly productive automation solutions for high-precision assembly and testing of products up to hand-size. 33 September 2013 Mikron Group
Slide 34: Mikron Automation – customized and highly productive
Mikron Automation – customized and highly productive Excellence in engineering Expertise in process Documentation and project management integration and Services 34 September 2013 Mikron Group
Slide 35: Mikron Automation – for high-precision assembly and testing of products up to hand-size
Mikron Automation – for high-precision assembly and testing of products up to hand-size Inhaler for Igniter for airbag Terminal block for asthma treatment activation electrical installation 35 September 2013 Mikron Group
Slide 36: Mikron Automation – sustainable value creation for customers
Mikron Automation – sustainable value creation for customers Case study Mikron G05TM Faster time to market thanks to shorter delivery time compared with competitors Proven and validated platforms Higher flexibility to implement product changes if needed Long-term reliability and wide range o
Slide 37: Mikron Automation – key facts
Mikron Automation – key facts Headquarters Mikron SA Boudry Foundation 1908: Mikron AG, Biel 1918: Haesler SA, Le Locle (acquired 1962) Number of employees 554 FTE (31.12.2012) Net sales 2012: CHF 101 million 2011: CHF 88 million Main end user markets Pharma/medical devices (50% in 2012), automotive
Slide 38: Mikron Automation – production sites, strategic partnership and representatives
Mikron Automation – production sites, strategic partnership and representatives USA: Denver Switzerland: Boudry Germany: Berlin P.R. China: Shanghai Singapore Production sites Sales and service representatives HQ Mikron Automation Mikron SA Boudry Boudry, Switzerland 38 September 2013 Mikron Group
Slide 39: For more information visit our website www.mikron.com
For more information visit our website www.mikron.com 39 September 2013 Mikron Group
Slide 40: Creating value with passion for precision
Creating value with passion for precision 40 September 2013 Mikron Group
Mikron Group — Investor Presentation (September 2013) on 6ix