Osai Automation System Spa · MIL:OSA
Osai Automation System Spa — Osai A.S. S.p.A. SB — Investor Presentation (September 2023)
39 slides from Osai Automation System Spa's investor presentation, Sep 28, 2023
Slide 1: Company Presentation 1H23 Osai A.S. S.p.A. SB
Company Presentation 1H23 Osai A.S. S.p.A. SB Parella (TO), 28 September 2023
Slide 2: Agenda
Agenda Disclaimer pag. 3 Company Overview pag. 5 Overview 1H23 pag. 18 Osai Next Products pag. 31
Slide 3: Disclaimer
Disclaimer
Slide 4: You must read the following before continuing
You must read the following before continuing Disclaimer This presentation (the “presentation”) has been prepared by Osai A.S. S.P.A. SB (The “company”) for information purposes only, and contains only summary information. Furthermore, it has been drafted without claiming to be exhaustive. The infor
Slide 5: Company Overview
Company Overview
Slide 6: Board of Directors
Board of Directors MIRELLA FERRERO FABIO BENETTI CARLO FRIGATO MARCO GUOLO SERGIO DUCA DONATELLA BUSSO PAOLA MARINI EXECUTIVE CHAIR CEO EXECUTIVE BOARD MEMBER CTO - EXECUTIVE BOARD MEMBER IND. BOARD MEMBER IND. BOARD MEMBER IND. BOARD MEMBER 1992 - date: Osai A.S. S.p.A. 2016 - date: Osai A.S. S.p.A
Slide 7: Key Manager
Key Manager MARCO GADALETA STEFANO GIORZA MARCO CARNIATO SIMONE FERRARO CFO COO CCO SALES MANAGER 2023 - date: Osai A.S. S.p.A. SB - 2020 - date: Osai A.S. S.p.A. SB - 2023 - date: Osai A.S. S.p.A. SB - 2018 - date: Osai A.S. S.p.A. SB CFO – Chief Financial Officer COO - Chief Operations Officer CCO
Slide 8: Group structure
a Osai_ | gee automation systems 548% j | GREEN TECH OSAI China| AUTOMATION 4 RECYCLING | GAUU? Dalian soning Province, Chine Benefit Company 100% 100% USA Germany Dallas, Texas, USA sai Automation System GmbH Munich, Germany 100% 7 2 f 100% Osai automation systems pag.8
Slide 9: Osai GreenTech, a new story
Osai GreenTech, a new story 1991 2015 2019 2022 2023 Osai A.S., company Participation in The RE4M project is Osai Green Tech SB The expected date of operating in the ADIR project born , an innovative S.r.l. is established with delivery of the first sector for the recovery system for the the aim of a
Slide 10: A Success Story
A Success Story 2015 Oct 2015 2021 Start of the ADIR Upon the untimely Osai takes part to 1994 project for the death of the the "Ecomondo" 1991 Introduction of recovery of founder, his sister fair, a major event 2018 Osai founded laser technology precious metals - Mirella takes over 2019 in Europe f
Slide 11: Business Overview: Introduction
3 fully owned commercial branches Business Overview: Introduction in strategic markets A global presence, with the ability to respond quickly to clients. More than 40 distributors all over the world in key markets, with more than 50 local employees The production plant is located in the municipality
Slide 12: Products Portfolio
Products Portfolio AUTOMATION Automatic assembly lines and systems for small and medium-sized components with high strategic value, made as per specific customer needs through the development of ad hoc solutions. ELECTRONICS A wide catalogue of solutions that allow operations on electronic boards th
Slide 13: Products
Products Divisions AUTOMATION ELECTRONICS SEMICONDUCTOR INDUSTRIAL LASER Test handlers for Burn-in test Standard and PCB Laser marking Assembly Systems General Purpose Workstations Rotary tables MEMS sensors Automation Laser welding customised Laser marking products Complete Power device Tests handl
Slide 14: Products: order range, delivery time and market CAGR
Products Divisions AUTOMATION ELECTRONICS SEMICONDUCTOR INDUSTRIAL LASER Order range 500K - 4M 70K - 300K 500K - 1.2M 200K - 700K Delivery time 6 - 18 months 3 - 12 months 8 - 12 months 8 - 12 months Competitors %CAGR Advanced Home Jewellery and 2021-2028 Medical Green mobility TLC Green Energy IoT
Slide 15: Highlights
Highlights TAYLOR MADE SOLUTIONS WITH HIGH-TECH ITALIAN PRODUCTION TURNKEY PROJECTS STRONG PRESENCE INSIDE LOCAL LEADERSHIP IN MANUFACTURING AREA MEMS TESTING MACHINES AMONG THE FIRST INNOVATIVE SMEs TO FOCUS ON STAFF’S WELLBEING DRAW UP THE 3nd SUSTAINABILITY AND WELFARE REPORT REVIEWED BY BDO HIGH
Slide 16: Business Overview: Turnover and Value of Production
Business Overview: Turnover and Value of Production 16,9% Ebitda Margin 14,3% 14,7% 13,79% 12,6% 13,82% 12,7% 12,99% 11,7% 10,36% 48% 11% 9,22% 48% 48% 39% 42% 39% 39% 45% 45% 45% 36% 36% 36% Value of Production Total direct variable cost * * * * Value of Production OIC IFRS * Consolidated Revenues
Slide 17: Our sustainability approach
DECARBONIZATION PLAN Our sustainability approach - GHG emission reduction plan in progress - Carbon footprint already in place INVESTMENT ON FACILITES AWARD BOARD - 100% Renewable energy Leader della Sostenibilità 2023 - EV charging infrastructure Il Sole 24 Ore - Substitution of gas boiler with Ris
Slide 18: Overview 1H23
Overview 1H23
Slide 19: Comments about the first semester
Highlights 1H23 Comments about the first semester • Positive Growth for the Production Value (+ 15% vs 1H22) and Stable Revenues (+1% vs 1H22); • Slight decrease (-9% vs 1H22) of a still Great Order Intake (22,8 mln Euro), especially in the Automation Sector (+13% vs 1H22), with the long-awaited ent
Slide 20: Main Consolidated Results 1H23
Main Consolidated Results 1H23 Production value 23.6 mln Euro of group as of 30 june 2023 20.59 mln Euro at 1H22 Revenues 16.8 mln Euro of group as of 30 june 2023 16.6 mln Euro at 1H22 EBITDA / EBITDA% 0.99 mln Euro / 4.22% of group as of 30 june 2023 1.83 mln Euro / 8,88% at 1H22 EBIT (0.78) mln E
Slide 21: Consolidated Income Statement
Consolidated Income Statement (Euro/000) June 30, 2023 June 30, 2022 ▵ TOTAL SALES 16.759 16.601 158 Change in finished goods and W.I.P. stock 4.875 2.560 2.315 Other operating revenues 1.970 1.427 543 VALUE OF PRODUCTION 23.604 20.588 3.016 Product cost (raw materials and outsourcing) (10.874) (8.4
Slide 22: Consolidated Financial Statements
Consolidated Financial Statements ASSETS LIABILITIES (Euro/1000) June 30, 2023 December 31, 2022 ▵ (Euro/1000) June 30, 2023 December 31, 2022 ▵ SHAREHOLDERS EQUITY Share capital 1.613 1.613 14 ASSETS Share premium reserve 8.681 8.677 249 NON-CURRENT ASSETS Legal reserve 299 257 44 Property, plant a
Slide 23: Key Figures by Division 30/06/2023
Key Figures by Division 30/06/2023 SERVICE AUTOMATION 1.857 2.962 11% 18% ELETTRONICS & LASER AUTOMATION 1.008 5.441 SEMICONDUCTORS REVENUES 9.665 6% 23% 15% by Division VALUE OF 41% 1H23 7% PRODUCTION 16.8 Mln by Division 17% 13% 1H23 65% SEMICONDUCTORS ITALY 23.6 Mln 10.932 3.236 OTHERS 8% ASIA +
Slide 24: Orders & Backlog
16.8 15.4 Orders & Backlog 12.7 12.5 Orders - (€m) 10.7 9.7 8.1 7.2 6 6 Orders by Quarter 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 2021 2022 2023 Commercial Backlog CIRCULAR ECONOMY Operative Backlog SERVICE 44.8 1.238 41.6 1.866 5% 36.9 8% SEMICONDUCTORS 31.6 ELETTRONICS 6.910 25.1 & LASER 30% 20.4 20 23.2 22
Slide 25: Operative Profit & Loss by Division 30/06/2023
Operative Profit & Loss by Division 30/06/2023 Total Sales Operative Value of MOL 3rd Level MOL 3rd Margin (Euro/000) Production (1) (Euro/000) % (Euro/000) AUTOMATION 18% 2.962 5.441 1.017 19 ELECTRONICS & LASER 6% 1.008 3.567 620 17 SEMICONDUCTORS 65% 10.932 9.665 2.136 22 SERVICE 11% 1.857 1.857
Slide 26: R&D 1H23
R&D 1H23 R&D 1H23 1.84 Mln Capitalized costs 1.355 KEuro Capitalized costs 1.36 mln Euro R&D Bonus amount 135 KEuro European Grants 350 KEuro Semiconductor Test Handling SEMICONDUCTORS - New processes or applications for MEMS stimulation and test systems for the semiconductor market Silicon Carbide
Slide 27: 1H23 People in Staff
1H23 People in STAFF Staff LOGISTIC WAREHOUSE OTHER IN STAFF & POURCHASING 22 IN R&D DEPARTMENT 6 OUT 32 22 SALES & MARKETING 5 10 232 OUR STAFF FY22 232 people 32 68 +16 people SOFTWARE DEVELOPMENT DESIGN 80% for Production 12 FINANCE & ADMINISTRATION 35 16 Units 1H20 1H21 1H22 1H23 AFTER SALES ASS
Slide 28: Operative NFP – without IFRS16
Operative NFP – without IFRS16 - Net Financial Position (€m) INTERNAL CAPITALISATION NFP euro -5.000 NFP at 31/12/2022 (16.004) EBITDA 997 Internal capitalisations (1.355) PROVISION FOR SEVERANCE PAY TAXES AND FINANCIAL CHARGES -10.000 DELTA WORKING CAPITAL NFP at 31/12/22 Investment (CAPEX) (3.877)
Slide 29: NFP (€m)
NFP (€m) Activities Description 15.000 - 10.000 (5.000) CASH 5.000 - (10.000) DEBTS (5.000) (15.000) NFP (10.000) (15.000) (20.000) (20.000) (25.000) (25.000) (30.000) 2 (30.000) 02 _2 ar (35.000) (35.000) S Sm IA A 19 20 19 20 21 9 0 1 AS S 9 0 1 22 2 I AS S 21 IA 01 02 02 01 02 02 IA 20 20 20 20 2
Slide 30: Operative and Commercial Backlog (€m)
Operative and Commercial Backlog (€m) Activities Description 45.000 42.000 40.000 35.000 30.000 25.000 23.000 20.000 19.000 15.000 10.000 5.000 Value of activities already done but not yet invoiced - 21 22 22 22 22 22 22 22 22 22 22 22 22 23 23 23 23 23 23 te no 2/ 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 0/ 1/ 2
Slide 31: Osai Next Products
Osai Next Products Osai automation systems
Slide 32: Osai doesn’t stop!
Osai Existing Business Osai doesn’t stop! growth focused on 5 trading areas and 6 new products in 2022-2023 Semiconductor Silicon Carbide E-mobility Biomedical & Life CircularEconomy Test Handling Addition Factory Science Automation Automation Development of new systems Precision, accuracy and Conce
Slide 33: A Family of new innovative solutions
A Family of new innovative solutions PCB HARD DISK BATTERY PHOTOVOLTAIC OSAI's experience within the Innovative project designed to We are witnessing the E-mobility By 2050, it is estimated that there will European ADIR project enabled the automate the process of extracting, explosion, with exponent
Slide 34: RE4M Processing stages
RE4M Processing stages 800 kg/day of detached and WEEE ground components 12 2.000 1.200 Millions of tonnes kg/day of PCB kg/day of boards without High concentration in Europe chopped components of precious metals (gold, silver, copper and palladium) pag. 34
Slide 35: RE4M Processing stages
RE4M Processing stages MODULE 1 PCB loading from bulk 2 - separation/ detachment thermo-mechanical component MODULE 2 Thermomechanical separation/detachment of components Output Output 6 - Shredding PCB Mix of detached PCB 7 - Mechanical components separation of Cu MODULE 3 OPTIONAL MODULE 6 OPTIONA
Slide 36: Automation is a vehicle for the new recycling era
Automation is a vehicle for… the new recycling era! pag. 36
Slide 37: Worldwide Exhibitions 2023
Worldwide Exhibitions 2023 pag. 37
Slide 38: Contacts
Contacts HEADQUARTER OSAI A.S. S.p.A. SB Via della Cartiera 4, 10010 Parella (TO) Italy https://goo.gl/maps/SvkTBjtbeb8vpfih9 NEWSLETTER Subscribe to our newsletter for any update! click here CONTACTS Tatiana Chieno [email protected] - +39 342 3404068 pag. 38
Slide 39: OSAI A.S. S.p.A. Società Benefit
OSAI A.S. S.p.A. Società Benefit Via Cartiera, 4 - 10010 Parella (TO) ITALY Phone: +39 0125 66.83.11 www.osai-as.com - [email protected]
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