Komax Holding AG · SIX:KOMN
Komax — Kepler Cheuvreux – 15th Swiss Seminar (April 2014)
13 slides from Komax's conference presentation, Apr 1, 2014
Slide 1: Komax – focused on markets in the automation sector
THE WAY TO MAKE IT Komax – focused on markets in the automation sector Kepler Cheuvreux – 15th Swiss Seminar 1st April 2014 / Kepler Cheuvreux – 15th Swiss Seminar / 1 Agenda THE WAY TO MAKE IT Results 2013 Komax Wire – innovative solutions for the wire-processing industry Komax Medtech – efficient
Slide 2: 2013 in brief; Key figures
2013 in brief THE WAY TO MAKE IT Significant improvement in results Revenues increased to CHF 341.7 million (+18.5%), internal growth of 11.4% EBIT increased to CHF 33.2 million (+144.0%) Corporate costs declined by CHF 1.9 million primarily owing to application of IAS 19 Significant write-downs on
Slide 3: High profitability; Three business units
High profitability THE WAY TO MAKE IT EBITD and EBIT in % of revenues RONCE and Net Capital Employed 23.4 Margin 16.7 6.5 80 14.8% 12.8% 12.8% 7.7% 9.7% 70 60 4.7% 220.2 199.1 199.2 50 54.9 47.5 40 43.8 33.2 30 20 22.2 10 13.6 0 2011 2012 2013 2011 2012 2013 in CHF million in CHF million EBITD NCE E
Slide 4: Komax Wire – market rewards outstanding performance
Agenda THE WAY TO MAKE IT Results 2013 Komax Wire – innovative solutions for the wire-processing industry Komax Medtech – efficient systems for the manufacture of self-medication solutions Komax Solar – leading provider of systems for the production of solar modules Focus 2014 and Outlook 1st April
Slide 5: Komax Wire covers the most capital intensive parts of the value chain
Komax Wire covers the most capital intensive parts of the value chain THE WAY TO MAKE IT Market share Komax Wire ~40% Market shares Technological leadership Others Komax Wire High level of innovation Competitor 4 Comprehensive product range – complete solution provider Competitor 3 Global presence C
Slide 6: Automotive industry is the most important market for wire processing
Automotive industry is the most important market for wire processing THE WAY TO MAKE IT Market segmentation by industry Growth drivers for Komax Wire’s business Electronic based innovation cyle Others Electric devices Automotive of the automotive industry • vehicles networks and networking vehicles
Slide 7: Complete solutions provider – broad product range from a single hand
Complete solutions provider – broad product range from a single hand THE WAY TO MAKE IT Komax Wire – universal contact partner for whatever Unique network with partners wire-processing challenge Standard machines and customer specific solutions Accessories including quality monitoring tools and netw
Slide 8: Komax Medtech – profitable recovery
Komax Medtech – profitable recovery THE WAY TO MAKE IT Net sales by region 4% 2% Asia Switzerland 68.1 in CHF million 81% Net sales 13% Europe 49.8 EBIT North/ South America -8.6 3.1 2012 2013 Change from previous year -80% -40% 0% 40% 80% 120% 160% Sales recovery and return to profits Switzerland B
Slide 9: Strategy Komax Medtech – profitability is the top priority
Strategy Komax Medtech – profitability is the top priority THE WAY TO MAKE IT Profitability Focus on self-medication Development of additional niche markets 1st April 2014 / Kepler Cheuvreux – 15th Swiss Seminar / 17 Agenda THE WAY TO MAKE IT Results 2013 Komax Wire – innovative solutions for the wi
Slide 10: Komax Solar – evading the negative industry trend
Komax Solar – evading the negative industry trend THE WAY TO MAKE IT No recovery in demand for equipment yet in USD million 2’500 20.2 in CHF million Net sales EBIT 2’000 Worldwide orders 9.9 for solar equipment 1’500 -21.2 -9.7 2012 2013 1’000 500 0 2010 2011 2012 2013 Demand for equipment still we
Slide 11: Strategy geared to long-term profitable growth; Focus 2014
Strategy geared to long-term profitable growth THE WAY TO MAKE IT Business Unit Revenues growth target EBIT margin target Acquisitions Business Unit Wire 3 – 5% ~20% selective Business Unit Medtech -- ~5% -- Komax is willing to sell the solar business and is in contact with interested parties. Targe
Slide 12: Outlook; Contact/Financial calendar
Outlook THE WAY TO MAKE IT We continue to expect an economic environment that is characterized by uncertainty, and envisage a year full of challenges. We will meet these challenges with a focused strategy that is geared to resolutely pursue opportunities. From today’s standpoint, the Group expects t
Slide 13: Disclaimer
Disclaimer THE WAY TO MAKE IT This presentation contains forward-looking statements in relation to Komax which are based on current assumptions and expectations. Unforeseeable events and developments could cause actual results to differ materially from those anticipated. Examples include: changes in
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