First Sensor Ag · XETR:SIS
First Sensor — FY2014 Earnings Presentation
33 slides from First Sensor's earnings presentation, 2015
Slide 1: We Engineer the Future: Presentation of the Financial Year 2014
WE ENGINEER THE FUTURE PRESENTATION OF THE FINANCIAL YEAR 2014
Slide 2: Engineering the Future
ENGINEERING THE FUTURE Together developing the products of tomorrow
Slide 3: Vision
VISION Our innovation and excellence are your success. Leading provider of certified top- quality sensor technology Development and production of standardized and tailor-made sensor solutions Applications in the industrial, medical and mobility growth markets www.first-sensor.com 3
Slide 4: Positioning
POSITIONING We have 750 employees worldwide. Headquarters in Berlin Six German locations Sales and production locations in the USA, Canada, Singapore, the UK, France, Sweden, Denmark and the Netherlands Global sales partner network www.first-sensor.com 4
Slide 5: Product Portfolio
PRODUCT PORTFOLIO We cover the entire value chain for sensor technology. Product portfolio ranging from wafers and individual sensor components to conventional sensors and smart sensor systems Technological expertise to innovatively combine the properties of materials and components in sophistic
Slide 6: Corporate Structure
CORPORATE STRUCTURE We are organized in three business units. Three business units for greater market orientation and customer focus Focus on the industrial, medical and mobility growth markets Two competence centers for development and production Comprehensive sales organization www.first-s
Slide 7: Engineering the Future
ENGINEERING THE FUTURE Innovative solutions for the automation of industry
Slide 8: Engineering the Future
ENGINEERING THE FUTURE Reliable technology whenever it is needed
Slide 9: Engineering the Future
ENGINEERING THE FUTURE New ideas for intelligent mobility
Slide 10: Key Figures
KEY FIGURES
Slide 11: Fiscal Year 2014 at a Glance
FISCAL YEAR 2014 AT A GLANCE Sales revenues Increase of 14.2% year-on-year. 124.0 MILLION EURO EBITDA Improvement of more than 17%. 13.5 MILLION EURO Incoming orders Increase of 14.7%. 139.3 MILLION EURO Equity ratio Improvement of 1.4 percentage points. 49.7 % www.first-sensor.com 11
Slide 12: First Sensor Clearly on a Path of Growth
FIRST SENSOR CLEARLY ON A PATH OF GROWTH Development of sales since IPO in € million 140 124.0 120 111.9* 108.5 100 80 65.1 60 45.2 37.0 38.5 40 32.6 30.2 20 16.0 10.7 11.6 12.0 13.8 3.0 5.7 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 *Acquisition of Sensortechn
Slide 13: Strongest Growth: BU Mobility
STRONGEST GROWTH: BU MOBILITY Sales distribution by segment in € million 80 2013 2014 68.3 68.5 60 +0.2% 40 35.2 22.6 20.4 20 17.7 +55.7% +15.4% 0 BU Industrial BU Medical BU Mobility www.first-sensor.com 13
Slide 14: Strongest Markets: Germany & Europe
STRONGEST MARKETS: GERMANY & EUROPE Sales distribution by region in € million 60 53.9 52.9 50.9 2013 2014 44.5 40 +6.0% +18.7% 20 11.2 9.2 6.0 4.1 +24.5% +44.4% 0 Germany Europe North America Others www.first-sensor.com 14
Slide 15: EBITDA Improves by More Than 17%
EBITDA IMPROVES BY MORE THAN 17% Development of EBITDA in € million 16 13.4 13.5 14 11.6 12 EBITDA- EBITDA- Marge Marge 10 11.2 % EBITDA- 10.6 % Marge 10.8 % 8 6.7 6 EBITDA- 4 Marge 9.4 % 2 0 2011 2012 2013 2014 www.first-sensor.com 15
Slide 16: Incoming Orders Up 14.7%
INCOMING ORDERS UP 14.7% Book-to-bill ratio 1.12 Incoming orders in € million Orders on hand in € million 145 90 139.3 86.4 140 85 135 80 130 125 75 121.4 73.7 120 70 115 110 65 2013 2014 2013 2014 www.first-sensor.com 16
Slide 17: Lower Debt, Higher Free Cash Flow
LOWER DEBT, HIGHER FREE CASH FLOW Achievement of investment grade Net debt in € million Free cash flow in € million 40 8 7.5 35.8 35 7 29.7 5.9 30 6 25 5 20 4 15 3 10 2 5 1 0 0 2013 2014 2013 2014 www.first-sensor.com 17
Slide 18: 2014 Income Statement
2014 ANNUAL FINANCIAL STATEMENTS 2014 income statement www.first-sensor.com 18
Slide 19: 2014 Balance Sheet - Assets
2014 ANNUAL FINANCIAL STATEMENTS 2014 balance sheet - assets www.first-sensor.com 19
Slide 20: 2014 Balance Sheet – Equity and Liabilities
2014 ANNUAL FINANCIAL STATEMENTS 2014 balance sheet – equity and liabilities www.first-sensor.com 20
Slide 21: 2014 Cash Flow Statement
2014 ANNUAL FINANCIAL STATEMENTS 2014 cash flow statement www.first-sensor.com 21
Slide 22: The Share
THE SHARE
Slide 23: First Sensor Share Price Performance
FIRST SENSOR SHARE PRICE PERFORMANCE 01.01.2013 – 31.12.2014 www.first-sensor.com 23
Slide 24: Overview of Shareholder Structure
OVERVIEW OF SHAREHOLDER STRUCTURE As of 31.12.2014 3.5% 5.6 % Freefloat FS Technology Holding S.à.r.l. 18.9 % 41.4 % DAH Beteiligungs GmbH Lampe Beteiligungsgesellschaft Midlin NV 30.6 % www.first-sensor.com 24
Slide 25: Financial Calendar for 2015
FINANCIAL CALENDAR FOR 2015 Date Feature May 12, 2015 Publication of consolidated quarterly financial report as at March 31, 2015 May 28, 2015 Annual General Meeting Aug. 13, 2015 Publication of consolidated interim financial report as at June 30, 2015 Nov. 12, 2015 Publication of consolidated quart
Slide 26: Outlook for 2015
OUTLOOK FOR 2015
Slide 27: Guidance for 2015
GUIDANCE FOR 2015 We will continue to grow. Sales revenues 128 -132 MILLION EURO EBITDA 14 -16 MILLION EURO Employees 800 www.first-sensor.com 27
Slide 28: Growth Strategy of First Sensor AG: Value Chain
GROWTH STRATEGY OF FIRST SENSOR AG We will grow along the value chain. Added Value Integration www.first-sensor.com 28
Slide 29: Growth Strategy: Growth Regions
GROWTH STRATEGY OF FIRST SENSOR AG We will expand sales in growth regions. Home Market High Potentials Mid Potentials Cash & Carry BRI States China Other Areas www.first-sensor.com 29
Slide 30: Growth Strategy of Industrial BU
GROWTH STRATEGY OF INDUSTRIAL BU We will focus on growing markets. Safety systems Smart Building AOPD Room pressure LIDAR safety scanner Filter control measurement Luggage scanner Leakage detection Cargo scanner Gas analysis Automation Process Instrumentation Hydraulic Pressure detection Pneumatic L
Slide 31: Growth Strategy of Medical BU
GROWTH STRATEGY OF MEDICAL BU We will extend on our core segments. Safety systems Smart Building Medical Pneumatics Optical Diagnostics AOPD, Room Pressure, LIDAR safety scanner, Filter control measurement, Respiratory Equipment SpO2 Luggage scanner, Leakage detection, Anaesthesia Devices BGM Cargo
Slide 32: Growth Strategy of Mobility BU
GROWTH STRATEGY OF MOBILITY BU We will break into the market segment of smart cars. Safety systems Smart Building Medical Pneumatics Optical Diagnostics AOPD, Room Pressure, LIDAR safety scanner, Filter control measurement, Respiratory Equipment SpO2 Luggage scanner, Leakage detection, Anaesthesia D
Slide 33: Thank You for Listening
THANK YOU FOR LISTENING Disclaimer This presentation contains forward-looking statements. This presentation does not represent any solicitation to purchase shares of First Sensor AG. Rather it is intended exclusively for information purposes with regard to possible future developments at the company