Jenoptik Ag · XETR:JEN
Jenoptik — ESG Presentation (May 2024)
31 slides from Jenoptik's sustainability presentation, May 2024
Slide 1: Our Sustainability Strategy: Jenoptik as Enabler
Our Sustainability Strategy: Jenoptik as Enabler ESG Investor Presentation | May 2024
Slide 2: Jenoptik at a glance – a leading globally operating photonics group
Jenoptik at a glance – a leading globally operating photonics group 1991 Year of foundation Our Mission >80 Represented in countries The Leading Light In the Application of >4,600 Employees worldwide Photonics 1.8 billion1 Market capitalization in euros Fiscal year 2023 Focus on three core markets 1
Slide 3: Delivering high-quality photonics-based products and solutions
Delivering high-quality photonics-based products and solutions … Semiconductor & Life Science & Non-core Medical Technology Smart Mobility Electronics businesses Optics, Micro-optics Diode lasers Equipment for traffic surveillance Automation systems and Precision components Microscope cameras Softwa
Slide 4: Addressing multiple mega-trends with our strong photonics expertise
Addressing multiple mega-trends with our strong photonics expertise and enable customers to be more sustainable We enable the digital age We enable modern communication We enable our customers to be more sustainable We drive life science and We make roads and cities safer healthcare development Jeno
Slide 5: Jenoptik's ESG strategy: As an enabler, committed to more sustainability
Jenoptik’s ESG strategy: As an “enabler”, we are committed to more sustainability and resource efficiency Innovation and responsibility as core of Jenoptik’s sustainability strategy. We enable our customers to contribute to greater resource conservation and climate protection more efficiently and su
Slide 6: Jenoptik's photonic contribution to the SDGs
Jenoptik’s photonic contribution to the SDGs Responsible Good health Industry innovation Sustainable cities consumption and and well-being and infrastructure and communities production Biophotonics: Optical systems for Traffic safety: Metrology systems − Lasers for − Semiconductor − Stationary and s
Slide 7: Jenoptik's internal contribution to the SDGs and sustainability targets
Jenoptik’s internal contribution to the SDGs and sustainability targets Quality Gender Decent Work and Industry Innovation Climate Partnership Education Equality Economic Growth and Infrastructure Action for the goals 2.9 million euros Diversity is reflected in Decent working Increasing R+D Commitme
Slide 8: Continued focus on sustainability: Non-financials 2025 partly reached
Continued focus on sustainability: Non-financials 2025 partly reached Partnership Jenoptik’s Selected theme KPI 2023 Target 2025 for the goals sustainability ratings Share of green 93.6% (75%) New >90% electricity Environment CO2 reduction 50.5% (30%) New >55% Diversity rate 29.4% 33% (unchanged) 12
Slide 9: Environmental topics of importance
Environmental topics of importance CO2 Emissions Energy Consumption Water Comsumption Scope 1: 2,254 t 2023: 67,477 MWh 2023: 92,444 m³ Scope 2: 2,778 t → Jenoptik is not energy/emission → mainly used as a coolant, as a process medium Total: 5,031 t (2023) intensive compared to other and for sanitar
Slide 10: Social issues and employee matters
Social issues and employee matters Employee matters Diversity Engagement score respect for diversity and equal opportunities − 2023: 75% above global benchmark Measures & Targets Work-life balance − diversity rate: women and internationals in management positions − Flex-time, part-time and flexible
Slide 11: Governance issues and other Jenoptik specific topics
Governance issues and other Jenoptik specific topics Responsible Corporate Governance Other Jenoptik specific topics − UN Global Compact signed in 2021 for responsible corporate governance Innovation & Responsibility − Code of Conduct to ensure compliance − LkSG / supply chain act is currently being
Slide 12: Jenoptik as enabler: We empower our customers
Jenoptik as “enabler”: We empower our customers to contribute to greater resource conservation and climate protection more efficiently and sustainably Our biophotonic products enhance health and well-being of Optical systems for semiconductor equipment, information and society: Jenoptik lasers are u
Slide 13: Jenoptik as enabler: We empower our customers
Jenoptik as “enabler”: We empower our customers to contribute to greater resource conservation and climate protection more efficiently and sustainably Virtual Reality – Enabling innovative prototypes: AR/VR applica- Enabling solar production: Thermography enables our clients to tions allowing fast i
Slide 14: Jenoptik as enabler: We empower our customers
Jenoptik as “enabler”: We empower our customers to contribute to greater resource conservation and climate protection more efficiently and sustainably Jenoptik traffic safety technology increases safety on roads and in TraffiPole – environmentally friendly and sustainable traffic public places, crea
Slide 15: ESG Memberships and Ratings
ESG Memberships and Ratings Memberships and Initiatives: 2022 – increase to 83 index points Employer initiative to promote diversity Ensuring freedom of association and Jenoptik contribution to selected SDGs above average signed in August 2022 collective bargaining 11/2021 Accession to the UN Global
Slide 16: Sustainability inside Jenoptik: Anchoring in the organization
Sustainability inside Jenoptik: Anchoring in the organization Environment, Health and Safety Finance / Controlling Global Procurement Compliance & Risk Sustainability Committee established to discuss current ESG topics cross-departmentally Innovation / R+D Communication Quality Management Human Reso
Slide 17: Financial overview
Financial overview —- JENOPTIK
Slide 18: Sound growth platforms drive organic growth ahead of mid-term plan
Sound growth platforms drive organic growth ahead of mid-term plan; profitability expanded faster than originally expected on organic growth Organic growth evolution (revenue) EBITDA & EBITDA margin evolution CAGR ~10% 250 19.7% COVID pandemic 18.8% 200 impacts COVID pandemic 150 CAGR ~5% impacts 16
Slide 19: Sound growth platforms drive organic growth ahead of mid-term plan
Sound growth platforms drive organic growth ahead of mid-term plan; profitability expanded faster than originally expected on organic growth Organic growth evolution (revenue) EBITDA & EBITDA margin evolution CAGR ~10% 250 19.7% COVID pandemic 18.8% 200 impacts COVID pandemic 150 CAGR ~5% impacts 16
Slide 20: Priorities shift from portfolio transformation and M&A to organic growth
Priorities shift from portfolio transformation and M&A to organic growth and operational excellence Priorities 2017-2023 Priorities to 2025 Growth M&A & organic growth Organic growth driver Jenoptik today: Business Series of M&A for Leveraging growth Operational excellence focus portfolio transforma
Slide 21: Order intake lower than in prior year, continued solid order backlog
Order intake lower than in prior year, continued solid level of order backlog Order intake in MEUR Order backlog in MEUR 400,0 −14.5% 900 −1.8% 300,0 745.0 731.3 283.0 600 242.0 200,0 300 100,0 0,0 0 Q1/2023 Q1/2024 Dec 31,2023 Mar 30,2024 − Weaker demand in Optical Test & Measurement area and in −
Slide 22: Revenue increase drives substantial improvement in profitability
Revenue increase drives substantial improvement in profitability Revenue in MEUR EBITDA in MEUR 300 60 9.4% 21.6% 256.1 234.1 200 40 44.5 36.6 100 20 0 0 Q1/2023 Q1/2024 Q1/2023 Q1/2024 − Strong revenue performance driven by Advanced Photonic − EBITDA margin grew to 17.4% (prior year 15.6%) Solution
Slide 23: Earnings per share increased by 28.6%
Earnings per share increased by 28.6% In million euros Q1/2024 Q1/2023 Change in % − Gross margin influenced in particular by higher Revenue 256.1 234.1 9.4 depreciation/amortization − Functional cost ratio amounted to 23.5% (prior year Gross margin 32.8% 33.2% 24.1%) Functional costs 60.2 56.4 6.7
Slide 24: Continued sound financial basis and balance sheet
Continued sound financial basis and balance sheet In million euros Q1/2024 Q1/2023 Change in % Cash flows from operating activities − Cash flows from operating activities mainly 36.9 49.6 −25.7 influenced by increase in working capital before income taxes − Working capital ratio at 28.7% Cash flows
Slide 25: Advanced Photonic Solutions: Substantial growth in revenue and EBITDA
Advanced Photonic Solutions: Substantial growth in revenue and EBITDA Order intake in MEUR Revenue in MEUR EBITDA in MEUR 300 300 50 − 6.7% 10.3% 9.2% 40 200 200 40.1 30 36,7 212.1 197.9 200.5 181.2 20 100 100 10 0 0 0 Q1/2023 Q1/2024 Q1/2023 Q1/2024 Q1/2023 Q1/2024 − Order intake: continued robust
Slide 26: Smart Mobility Solutions: revenue and margin improved
Smart Mobility Solutions: revenue and margin improved; continuing good order backlog Order intake in MEUR Revenue in MEUR EBITDA in MEUR 50 30 0,2 −24.3% 4.6% 40 0.1 0,1 20 24.0 30 38.9 22.9 -0.1 0 29.4 20 10 -0,1 10 0 0 -0,2 Q1/2023 Q1/2024 Q1/2023 Q1/2024 Q1/2023 Q1/2024 − Order intake is subject
Slide 27: Non-Photonic Portfolio Companies: earnings strongly improved
Non-Photonic Portfolio Companies: order intake affected by project postponements; earnings strongly improved Order intake in MEUR Revenue in MEUR EBITDA in MEUR 50 50 8 − 54.1% 9.4% 68.7% 40 40 6 30 30 4 5.4 30.6 30.9 20 20 28.3 2 10 10 14.0 3.2 0 0 0 Q1/2023 Q1/2024 Q1/2023 Q1/2024 Q1/2023 Q1(2024
Slide 28: Fiscal year 2024: Further profitable organic growth
Outlook 2024 confirmed Expected development of key performance indicators in 2024 − Revenue growth in mid single-digit percentage range (2023: 1,066.0 million euros) Fiscal year 2024: − EBITDA margin of 19.5 to 20.0 percent, including expected negative impact of approx. 0.5 percentage points for mov
Slide 29: Appendix
Appendix
Slide 30: Environmental insights 2023
Environmental insights 2023 Jenoptik ESG Investor Presentation 30
Slide 31: Environmental insights 2023
Environmental insights 2023 Jenoptik ESG Investor Presentation 31