WE ENGINEER THE FUTURE - First Sensor · INVESTOR PRESENTATION AUGUST, 2015. FIRST SENSOR COMPANY...
Transcript of WE ENGINEER THE FUTURE - First Sensor · INVESTOR PRESENTATION AUGUST, 2015. FIRST SENSOR COMPANY...
WE ENGINEERTHE FUTUREINVESTOR PRESENTATIONAUGUST, 2015
FIRST SENSORCOMPANY PROFILE
First Sensor AG is one of the world's leading suppliers in the field of sensor systems. Our company develops and manufactures standardized and customized sensor solutions for applications in the Industrial, Medical and Mobility growth markets.
− established in Berlin in 1991, listed on the Frankfurt Stock Exchange since 1999
− 830 employees worldwide
− Headquarters in Berlin, Germany
− International development, production and sales locations
− 20,000 sqm manufacturing area, clean room class 100-100,000
− Quality management based on international standards
www.first-sensor.com 3
COMPANY PROFILEWe are a leading provider of sensor solutions.
− Product portfolio ranging from wafers and single sensor components tosensors and smart sensor systems
− Technological expertise to innovatively combine the properties of materialsand components in sophisticated processes
− Services in engineering, development and manufacture of electronic micro-systems
www.first-sensor.com 4
COMPANY PROFILEWe cover the entire value chain for sensor technologies.
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COMPANY PROFILEWe focus on the markets Industrial, Medical and Mobility.
R E V E N U E 2 0 1 4 € 68.5 million
HEA D Q UA RT E RS Berlin
LO C AT I O N S 3
E M P LOY E ES 80
A P P L I C AT I O N S Industrial Process Control
Radiation and Security
Smart Buildings
Length Measurement
Aerospace
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COMPANY PROFILEBusiness Unit Industrial at a glance
R E V E N U E 2 0 1 4 € 20.4 million
H EA D Q UA RT E RS Munich
LO C AT I O N S 2
E M P LOY E ES 60
A P P L I C AT I O N S Diagnostics
Medical Respiration
Medical Hydraulics
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COMPANY PROFILEBusiness Unit Medical at a glance
R E V E N U E 2 0 1 4 € 35.2 million
H EA D Q UA RT E RS Dresden
LO C AT I O N S 1
E M P LOY E ES 100
A P P L I C AT I O N S Automobiles
Smart Cars
Utility Vehicles
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COMPANY PROFILEBusiness Unit Mobility at a glance
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3.0 5.710.7 11.6 12.0
13.8 16.0
32.637.0 38.5
30.2
45.2
65.1
111.9108.5
124.0
132-134*
0
20
40
60
80
100
120
140
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
* Forecast by June 30, 2015
COMPANY PROFILEWe are clearly on a path of growth.
In € million
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90%
95%
100%
105%
110%
115%
120%
125%
130%
135%
COMPANY PROFILEShare price performance improves by 32,5 % since January 2, 2015; doubling in the last 6 years
Jan. 2, 2015 Feb. 2, 2015 Mar. 2, 2015 Apr. 2, 2015 May 2, 2015 Jun. 2, 2015 Jul. 2, 2015 Aug. 2, 2015
Last Price Jan. 2, 2015 € 9,40
Last Price Aug. 18, 2015 € 12,46
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COMPANY PROFILEOverview of shareholder structure as of August 3, 2015
KEY FIGURES
We have successfully implemented a new strategic position and organizational structure in 2014. Our medium-term goal is to lead the market in the areas of automotive, industrial and medical applications.
124.0 MILLIONEURO
Sales revenuesIncrease of 14.2%
year-on-year.
13.5 MILLIONEURO
EBITDAImprovement of more than 17%.
139.3 MILLIONEURO
Incoming ordersIncrease of 14.7%.
49.7Equity ratio%Improvement of
1.4 percentage points.
FISCAL YEAR 2014 AT A GLANCE
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2014
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2014
2013
North America
Germany
Europe
Others
9 %5 %
43 %
41 %47% 43 %
4%8 %
2013
100% 2013 = € 108.5 Mio. 100% 2014 = € 124.0 Mio.
28 %
55 %
21 %
63 %16 %
17 %
Industrial
Medical
Mobility
SMART SENSORS DRIVE OUR BUSINESS Sales share 2014 by segment and region in %
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EBITDA IMPROVES BY MORE THAN 17%
6.7
13.4
11.6
13.5
0
2
4
6
8
10
12
14
16
2011 2012 2013 2014
Development of EBITDA in € million
EBITDA-margin9.4 %
EBITDA-margin11.2 % EBITDA-
margin10.6 %
EBITDA-margin10.8 %
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LOWER DEBT, HIGHER FREE CASH FLOWAchievement of investment grade
35.8
29.7
0
5
10
15
20
25
30
35
40
2013 2014
Net debt in € million
5.9
7.5
0
1
2
3
4
5
6
7
8
2013 2014
Free cash flow in € million
67.2 MILLIONEURO
Sales revenuesIncrease of
13.3%
7.6 MILLIONEURO
EBITDAImprovement of
11.8%.
98.7 MILLIONEURO
Orders on handIncrease of
14.2%.
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FIRST SIX MONTHS 2015 AT A GLANCE
6M 2015
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6M 2015
FIRST SIX MONTHS 2015 AT A GLANCESales share by segment and region
6M 2014
North America
Germany
Europe
Others
6M 2014
100% 6M 2014 = € 59.3 Mio.100% 6M 2015 = € 67.2 Mio.
28 %
55%17%
5%
33%
39%49% 52%
4%
28%
56%16%
56 %
16 %
28 %
55 %
17 %
28 %
Industrial
Medical
Mobility
52 %
33 %
5 %
11 %
49 %
39 %
4 %9 %
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Q2 15: SALES INCREASED BY 11.8% YEAR-ON-YEARAll segments recorded double-digit growth rates
11,08%
5,60%
13,00%
10,70%
0%
2%
4%
6%
8%
10%
12%
14%
0,000
5,000
10,000
15,000
20,000
25,000
30,000
35,000
Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15
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INCOMING ORDERS: CONTINUOUS UPWARD TRENDBook-to-bill ratio of 1.28 in Q2 2015
1,12
0,90
1,60
1,28
0,000
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15
1.70
1.50
1.30
1.10
0.90
0.70
0.50
0.30
0.10
- 0.10
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ORDERS ON HAND OF MORE THAN €98 MILLION
75,741
98,693
00,000
20,000
40,000
60,000
80,000
100,000
Continuous growth in the past years
30.09.13 31.12.13 31.03.14 30.06.14 30.09.14 31.12.14 31.01.15 30.06.15
In € thousand
130 -134 MILLIONEURO
Sales revenues
GUIDANCE
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On the basis of solid first six months, a book-to-bill ratio > 1 and a full order book we are raising our forecast for 2015.
15 -17 MILLIONEURO
EBITDA
DisclaimerThis presentation contains forward-looking statements. This presentationdoes not represent any solicitation to purchase shares of First Sensor AG. Rather it is intended exclusively for information purposes with regard topossible future developments at the company. All future-oriented informationin this presentation was produced on the basis of probability-based planningand represents statements regarding the future which cannot be guaranteed.
THANK YOU
We engineer the future: Investor PresentationDr. Martin U. Schefter / Dr. Mathias GollwitzerAugust, 2015