Bertelsmann Annual Results 2010 Investor Conference Call

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Bertelsmann Annual Results 2010 Investor Conference Call"

Transcription

1 Bertelsmann Annual Results 2010 Investor Conference Call March 29, 2011 Dr. Thomas Rabe Member of the Executive Board and Chief Financial Officer Bertelsmann AG

2 Summary and highlights Operating performance significantly improved FY 2010» Recovery of advertising markets, in particular TV» Revenues up by 4.5 percent, organic growth >3 percent» Record Operating EBIT of 1.9bn, Group profit 656m» EBITDA Margin 15.2 percent, Return on Sales 11.7 percent» High cash conversion rate, operating free cash flow of 2.1bn, significant debt reduction» Leverage factor of 2.3 times EBITDA» Business and financial risk profile significantly improved over the past two years 2

3 Group key figures Significant revenue growth, key figures at record level in millions 2009 Change 2010 Revenues 15, % 15,786 Operating EBIT 1) 1, ,852 Operating EBITDA 2, ,400 Group profit or loss BVA Operating free cash flow 2) 1, ,075 Cash conversion rate 2) 125% -13%-P. 112% Net financial debt -2, ,913 Economic debt -6,024 1,109-4,915 Leverage factor ) Earnings before interest, taxes and special items (especially impairments and restructuring expenses) 2) Adjusted for one-time effects 3

4 Group key figures Revenues diversified by source and region Revenue sources 2010 (previous year) Revenue by regions 2010 (previous year) Direct-to-consumer 11.4% (12.9%) Advertising 26.4% (25.1%) Other countries U.S. 5.5% (4.8%) 13.4% Germany (12.7%) 34.9% (35.6%) Services 37.5% (36.9%) 24.7% (25.1%) Content 46.2% (46.8%) Rest of Europe 4

5 Divisions High profitability, growth in all divisions except Direct Group ROS in percent Revenues in billions ,102 Operating EBIT in millions Organic growth RTL Group Random House Gruner + Jahr Arvato Direct Group +6.3% +1.6% +0.8% +3.7% -6.7% 5

6 Group profit High group profit due to better performance and lower level of special items in millions 2009 Change 2010 Operating EBIT of divisions 1, ,936 Corporate/consolidation Operating EBIT 1, ,852 Special items Thereof - Restructuring costs Impairments Others Capital gains/losses EBIT ,496 Financial result Income taxes Earnings from discontinued operations Group profit or loss

7 Cash flow High operating cash flow in line with profitability in millions Cash flow from operating activities 1,777 2,052 Taxes paid Investments in intangible and tangible assets Proceeds from the disposal of intangible and tangible assets Restructuring payments Operating free cash flow 1,763 2,103 One-time effects 8-28 Operating free cash flow (adjusted for one-time effects) 1,771 2,075 Cash conversion rate (adjusted for one-time effects) 125% 112% 7

8 Divisional CCR, BVA High cash conversion rate throughout the group, Group BVA substantially improved RTL Group Random House Gruner + Jahr Arvato Direct Group Total Group Cash Conversion Rate in percent BVA in millions

9 Financial status All key ratios met, significant debt reduction in FY 2010 Leverage Factor < 2.5x Economic debt (in millions) 3.4x 3.1x 3.2x 3.2x 2.3x 10,623 HY Interest Coverage Ratio > 4.0x 6.2x 5.0x 4.7x 4.4x 4.1x Equity Ratio > 25% 35% 29% 28% 31% 31% Net debt 7,995 4,582 7,720 4,282 PPC Pensions Operating 1,472 1,558 Leases 1,235 1, ,627 3,445 6, ,409 1, ,793 1,406 1, BBB, stable Outlook 4,915 1, ,565 1, Baa2, stable Outlook 9

10 Financial status High liquidity position despite redemptions in millions 4,878 gross debt 149 1,318 2,052 2, ,919 gross debt 2, Cash-Flow from Operations Investing activities PPC- Buyback, Redemption Interests, others Dividend 2010 Sufficient liquid funds for maturities in 2012 (476 m), 2013 (200 $m) and 2014 (1,245 m) 10

11 Outlook Continued stabilization expected in 2011 Outlook 2011» Economic stabilization» Revenues above previous year» Continued optimization of core businesses and portfolio review» Return on sales in the range of 11 percent» Group profit to exceed previous year s level» Focus on cash flow and target rating 11

12 Q&A-Session March 29, 2011 Dr. Thomas Rabe Member of the Executive Board and Chief Financial Officer Bertelsmann AG

Group Results 2010 and Financing, Thomas Rabe Annual Press Conference, Bertelsmann AG, March 29, 2011 in Berlin

Group Results 2010 and Financing, Thomas Rabe Annual Press Conference, Bertelsmann AG, March 29, 2011 in Berlin Group Results 2010 and Financing, Thomas Rabe Annual Press Conference, Bertelsmann AG, March 29, 2011 in Berlin Group Results 2010 and Financing Thomas Rabe, Chief Financial Officer, Bertelsmann AG Group

More information

Bertelsmann Annual Results 2015

Bertelsmann Annual Results 2015 Bertelsmann Annual Results Investor Conference Call March 22, 2016 Thomas Rabe Chairman and CEO of Bertelsmann Summary and highlights Financial year Group key figures Revenues up 2.8 percent, highest level

More information

Financial Results. siemens.com

Financial Results. siemens.com s Financial Results Fourth Quarter and Fiscal 2015 siemens.com Key figures (in millions of, except where otherwise stated) Volume Q4 % Change Fiscal Year % Change FY 2015 FY 2014 Actual Comp. 1 2015 2014

More information

Investors Presentation Final Figures Financial Year 2014 / 2015. Solutions made in plastic

Investors Presentation Final Figures Financial Year 2014 / 2015. Solutions made in plastic Page 1 Investors Presentation, Final Figures Financial Year 2014 / 2015 Investors Presentation Final Figures Financial Year 2014 / 2015 Solutions made in plastic Page 2 Investors Presentation, Final Figures

More information

European Corporate Day / Commerzbank AG / London

European Corporate Day / Commerzbank AG / London Education European Corporate Day / Commerzbank AG / London Roger Schweitzer EVP Corporate Treasury and Finance Henrik Pahls SVP Corporate Finance June 10, 2015 Agenda Bertelsmann at a Glance Divisional

More information

Conference Call Q1-2015/2016

Conference Call Q1-2015/2016 Conference Call Q1-2015/2016 DIRK KALIEBE August 12, 2015 Highlights Q1-2015/2016 Strategic reorientation is taking effect Good order situation, improved backlog Strong revenue growth due to solid order

More information

Q1/2015 Results VTG AG Connecting worlds. Dr. Heiko Fischer, CEO Dr. Kai Kleeberg, CFO May 21, 2015

Q1/2015 Results VTG AG Connecting worlds. Dr. Heiko Fischer, CEO Dr. Kai Kleeberg, CFO May 21, 2015 Q1/2015 Results VTG AG Connecting worlds Dr. Heiko Fischer, CEO Dr. Kai Kleeberg, CFO May 21, 2015 Table of content 1 Discussion of Q1/2015 2 Outlook FY 2015 3 Questions & Answers 4 Financial Calendar

More information

Year-end Report January-December 2015

Year-end Report January-December 2015 Year-end Report January-December 20 Johan Dennelind, President & CEO Q4 20 high pace towards the new TeliaSonera Started to reduce presence in region Eurasia Continued business transformation Solid development

More information

DB2020 guiding us toward the future Annual Results Press Conference 2014. Deutsche Bahn AG DB Mobility Logistics AG Frankfurt, March 27, 2014

DB2020 guiding us toward the future Annual Results Press Conference 2014. Deutsche Bahn AG DB Mobility Logistics AG Frankfurt, March 27, 2014 DB2020 guiding us toward the future Annual Results Press Conference 2014 Deutsche Bahn AG DB Mobility Logistics AG Frankfurt, March 27, 2014 2013 Financial Year At a glance Weak development in 2013 2013

More information

Q1 RESULTS 2015 30 APRIL 2015. Harald Wilhelm I Chief Financial Officer

Q1 RESULTS 2015 30 APRIL 2015. Harald Wilhelm I Chief Financial Officer 1 Q1 RESULTS 2015 30 APRIL 2015 Harald Wilhelm I Chief Financial Officer SAFE HARBOUR STATEMENT 2 Disclaimer This presentation includes forward-looking statements. Words such as anticipates, believes,

More information

Results on Q1/2015. Conference Call. 29 April 2015. Investor Relations

Results on Q1/2015. Conference Call. 29 April 2015. Investor Relations Results on Q1/2015 Investor & Analyst Conference Call 29 April 2015 Investor Relations Agenda. 1. Review Q1/2015 2. Financials Q1/2015 3. Outlook 2015 Page 2 SGL Group Investor Relations 29 April 2015

More information

FY RESULTS 27 FEBRUARY 2015. Tom Enders I Chief Executive Officer Harald Wilhelm I Chief Financial Officer

FY RESULTS 27 FEBRUARY 2015. Tom Enders I Chief Executive Officer Harald Wilhelm I Chief Financial Officer 1 FY RESULTS 27 FEBRUARY 2015 Tom Enders I Chief Executive Officer Harald Wilhelm I Chief Financial Officer SAFE HARBOUR STATEMENT 2 Disclaimer This presentation includes forward-looking statements. Words

More information

Analyst Conference Call

Analyst Conference Call 1 st December 2015 Analyst Conference Call Dr Wolfgang Büchele - CEO Disclaimer This presentation contains forward-looking statements about Linde AG ( Linde ) and their respective subsidiaries and businesses.

More information

DEUTSCHE TELEKOM Q3/14 Results

DEUTSCHE TELEKOM Q3/14 Results DEUTSCHE TELEKOM Results DISCLAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forwardlooking

More information

EVN Conference Call HY. 1 2014/15 Results. 28 May 2015

EVN Conference Call HY. 1 2014/15 Results. 28 May 2015 EVN Conference Call HY. 1 2014/15 Results 28 May 2015 Business development HY. 1 2014/15 Significant increase in electricity generation expansion of renewable energy production full operations in the Duisburg-Walsum

More information

Hewlett Packard Securities Analyst Meeting 2015. #hpesam2015

Hewlett Packard Securities Analyst Meeting 2015. #hpesam2015 Hewlett Packard Securities Analyst Meeting 2015 #hpesam2015 1 Financial Review Tim Stonesifer Executive Vice President and Chief Financial Officer 2 Hewlett Packard Enterprise is an attractive investment

More information

Financial Data Supplement 1Q2016

Financial Data Supplement 1Q2016 Deutsche Bank Financial Data Supplement 1Q2016 28 April 2016 1Q2016 Financial Data Supplement Due to rounding, numbers presented throughout this document may not add up precisely to the totals we provide

More information

2015 Results and Prospects

2015 Results and Prospects PRESS RELEASE Paris, 23 March 2016 2015 Results and Prospects Revenues: 2,579.3 million, up 3.2% EBITDA: 342.0 million, an operating margin of 13.3% 2016 Objectives: revenues close to 3 billion and an

More information

PRESS RELEASE. Board of Directors approves results as of December 31 2014

PRESS RELEASE. Board of Directors approves results as of December 31 2014 PRESS RELEASE Board of Directors approves results as of December 31 2014 SOGEFI (CIR GROUP): REVENUES AT OVER 1.3 BLN (+1.1%; +4.7% AT SAME EXCHANGE RATES), NET INCOME AT 3.6 MLN MARGINS LOWER BECAUSE

More information

Pfeiffer Vacuum announces results for FY 2014

Pfeiffer Vacuum announces results for FY 2014 PRESS RELEASE Pfeiffer Vacuum announces results for FY 2014 Total sales of 406,6 million EBIT margin at 11,0 percent Dividend proposal of 2.65 euros Asslar, Germany, March 26, 2015. Total sales for FY

More information

Management Presentation Q2/2012 Results. 8 August 2012

Management Presentation Q2/2012 Results. 8 August 2012 Management Presentation Q2/2012 Results 8 August 2012 Cautionary statement This presentation contains forward-looking statements which involve risks and uncertainties. The actual performance, results and

More information

DEUTSCHE TELEKOM Q4/14 Results

DEUTSCHE TELEKOM Q4/14 Results DEUTSCHE TELEKOM Results DISCLAIMER This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forward-looking

More information

Conference Call Q3-2015/2016 GEROLD LINZBACH, CEO I DIRK KALIEBE, CFO. February 10, 2016 ON THE RIGHT TRACK

Conference Call Q3-2015/2016 GEROLD LINZBACH, CEO I DIRK KALIEBE, CFO. February 10, 2016 ON THE RIGHT TRACK Conference Call Q3-2015/2016 GEROLD LINZBACH, CEO I DIRK KALIEBE, CFO February 10, 2016 ON THE RIGHT TRACK On the right track Heidelberg is on track - the improvement in results due to the strategic realignment

More information

Health Care Worldwide. Citi - European Credit Conference September 24, 2015 - London

Health Care Worldwide. Citi - European Credit Conference September 24, 2015 - London Health Care Worldwide Citi - European Credit Conference September 24, 2015 - London Safe Harbor Statement This presentation contains forward-looking statements that are subject to various risks and uncertainties.

More information

Conference call Fiscal year 2014»

Conference call Fiscal year 2014» Conference call Fiscal year» EnBW Energie Baden-Württemberg AG Karlsruhe, 17 March 2015 Frank Mastiaux, Chief Executive Officer Thomas Kusterer, Chief Financial Officer Ingo Peter Voigt, Senior Vice President,

More information

Société Générale The Premium Review Conference. 02 December 2009

Société Générale The Premium Review Conference. 02 December 2009 Société Générale The Premium Review Conference 02 December 2009 Chris Lucas Group Finance Director Group performance Nine months ended September 2009 m 2008 m % change Income 23,786 18,830 26 Operating

More information

Investors Presentation Solutions made in plastic

Investors Presentation Solutions made in plastic Page 1 Investors Presentation, Q3: Nine Month Figures 2014 / 2015 Investors Presentation Q3: Nine Month Figures 2014 / 2015 Solutions made in plastic Page 2 Investors Presentation, Q3: Nine Month Figures

More information

January February March April May June Interim Report 2004

January February March April May June Interim Report 2004 January February March April May June Interim Report 2004 2 Business Development Bertelsmann Interim Report January June 2004 Business Development January through June 2004 Bertelsmann Significantly Improves

More information

Europe: Growth of +7.8% in Recurring Operating Income France: New half of improved profitability

Europe: Growth of +7.8% in Recurring Operating Income France: New half of improved profitability 2014 FIRST HALF RESULTS: CONTINUED GROWTH Organic sales growth of 4.3% Increase in Recurring Operating Income of +13.8% Strong increase in adjusted net income, Group share of +16.7% Strong profit growth

More information

Conference call First half of fiscal year 2014

Conference call First half of fiscal year 2014 Conference call First half of fiscal year EnBW Energie Baden-Württemberg AG Karlsruhe, 1 August Thomas Kusterer, Chief Financial Officer Ingo Peter Voigt, Senior Vice President, Head of Finance / Investor

More information

QBE increases North American claims provision and writes down North American goodwill, identifiable intangibles and other assets

QBE increases North American claims provision and writes down North American goodwill, identifiable intangibles and other assets QBE Insurance Group Limited ABN 28 008 485 014 Level 02, 82 Pitt Street, SYDNEY NSW 2000 Australia GPO Box 82, Sydney NSW 2001 telephone + 612 9375 4444 facsimile + 612 9231 6104 www.qbe.com 9 December

More information

Metsä Board Debt investor presentation Q2/2015. 6 August 2015

Metsä Board Debt investor presentation Q2/2015. 6 August 2015 Metsä Board Debt investor presentation Q2/2015 Strong financing situation continues EUR million 1000 750 Net debt Gross debt EUR 671 million and net debt EUR 389 million at the end of Q2/2015 (EUR 319

More information

Earnings Release Q2 FY 2015 January 1 to March 31, 2015

Earnings Release Q2 FY 2015 January 1 to March 31, 2015 Munich, Germany, May 7, 2015 Earnings Release FY 2015 January 1 to March 31, 2015 Portfolio gains drive income»for business volume, we performed well in our markets. The profitability of our Industrial

More information

Earnings Release Q1 FY 2016 October 1 to December 31, 2015

Earnings Release Q1 FY 2016 October 1 to December 31, 2015 Munich, Germany, January 25, 2016 Earnings Release FY 2016 October 1 to December 31, 2015 Strong start into the fiscal year earnings outlook raised»we delivered a strong quarter and are well underway in

More information

RTL Group reports strong digital growth and a record fourth quarter EBITA in 2014

RTL Group reports strong digital growth and a record fourth quarter EBITA in 2014 RTL Group reports strong digital growth and a record fourth quarter EBITA in 2014 Q4/2014: EBITA up 7.1 per cent to 466 million, driven by Mediengruppe RTL Deutschland and Groupe M6 Full-year revenue and

More information

FURTHER PROFIT GROWTH IN FIRST-HALF 2015

FURTHER PROFIT GROWTH IN FIRST-HALF 2015 FURTHER PROFIT GROWTH IN FIRST-HALF 2015 Net sales of 37.7bn, up +5.2% (+2.9% on an organic basis) Growth in Recurring Operating Income: 726m, +2.6% at constant rates Strong growth in adjusted net income,

More information

Drägerwerk AG & Co. KGaA Analyst Conference 2015. Frankfurt, March 11, 2015

Drägerwerk AG & Co. KGaA Analyst Conference 2015. Frankfurt, March 11, 2015 Drägerwerk AG & Co. KGaA Analyst Conference 2015 Frankfurt, March 11, 2015 Disclaimer This presentation does not constitute an offer of securities for sale or a solicitation of an offer to purchase any

More information

Conference call on the first nine months 2015»

Conference call on the first nine months 2015» Conference call on the first nine months» EnBW Energie Baden-Württemberg AG Karlsruhe, 13 November Thomas Kusterer, Chief Financial Officer Ingo Peter Voigt, Senior Vice President, Head of Finance, M&A

More information

PIERRE JEAN SIVIGNON FINANCIAL. Deputy Chief Executive Officer, Chief Financial Officer RESULTS

PIERRE JEAN SIVIGNON FINANCIAL. Deputy Chief Executive Officer, Chief Financial Officer RESULTS FULL YEAR RESULTS FINANCIAL RESULTS PIERRE JEAN SIVIGNON Deputy Chief Executive Officer, Chief Financial Officer FURTHER PROFIT GROWTH IN 2015 Variation at (in m) 2014 2015 (1) constant exch. rates Variation

More information

Earnings And Cash Flow Improvements Expected in the next 12-18 Months, But Planned Deleveraging Remains Critical

Earnings And Cash Flow Improvements Expected in the next 12-18 Months, But Planned Deleveraging Remains Critical Bertelsmann SE & Co. KGaA - Diversified Media ISSUER IN-DEPTH Earnings And Cash Flow Improvements Expected in the next 12-18 Months, But Planned Deleveraging Remains Critical RATINGS Bertelsmann SE & Co.

More information

I know it s a busy day as HSBC are also reporting. and we re doing the same again today. with the equivalent period in 2008

I know it s a busy day as HSBC are also reporting. and we re doing the same again today. with the equivalent period in 2008 Barclays Interim Management Statement 10 November 2009 Chris Lucas Good morning and thanks for joining us I know it s a busy day as HSBC are also reporting so I m going to talk for about fifteen minutes

More information

Health Care Worldwide

Health Care Worldwide Health Care Worldwide Credit Suisse Global Credit Products Conference September 18, 2014 Miami Credit Suisse Global Credit Products Conference, September 18, 2014 Copyright Page 1 Safe Harbor Statement

More information

Consolidated Statement of Profit or Loss (in million Euro)

Consolidated Statement of Profit or Loss (in million Euro) Consolidated Statement of Profit or Loss (in million Euro) FY 2014 FY 2015 % change Q4 2014 Q4 2015 % change un Revenue 2,620 2,646 1.0% 711 672-5.5% Cost of sales (1,813) (1,804) -0.5% (489) (464) -5.1%

More information

Report of the Executive Board. In millions of EUR 2014 2013

Report of the Executive Board. In millions of EUR 2014 2013 Review Results from operating activities Revenue 19,257 19,203 income 93 226 Raw materials, consumables and services (12,053) (12,186) Personnel expenses (3,080) (3,108) Amortisation, depreciation and

More information

Company Presentation VTG AG Connecting worlds. Analyst Conference April 14, 2015

Company Presentation VTG AG Connecting worlds. Analyst Conference April 14, 2015 Company Presentation VTG AG Connecting worlds Analyst Conference April 14, 2015 Table of content 1 Highlights 2014 2 Performance & Financials 2014 3 Update on Strategy 4 Outlook 2015 5 Appendix 1 Executive

More information

2015 HALF YEAR RESULTS

2015 HALF YEAR RESULTS 19 AUGUST 2015 Delivering better nutrition for every step of life s journey CAUTIONARY STATEMENT This presentation contains forward-looking statements. These statements have been made by the Directors

More information

Collection House Limited

Collection House Limited Matthew Thomas Managing Director / Chief Executive Officer Collection House Limited 2014 Morgans QLD Conference Collection House limited is a leading Australasian receivables management provider, utilising

More information

Interim Financial Report 9M/2015

Interim Financial Report 9M/2015 Interim Financial Report 9M/2015 Investor & Analyst Conference Call 5 November 2015 Investor Relations Agenda. 1. Financials 9M/2015 2. Outlook Page 2 SGL Group Investor Relations 05 November 2015 Performance

More information

9m RESULTS OCTOBER Harald Wilhelm I Chief Financial Officer

9m RESULTS OCTOBER Harald Wilhelm I Chief Financial Officer 1 9m RESULTS 2015 30 OCTOBER 2015 Harald Wilhelm I Chief Financial Officer SAFE HARBOUR STATEMENT 2 Disclaimer This presentation includes forward-looking statements. Words such as anticipates, believes,

More information

ARION BANK S 2014 FINANCIAL RESULTS

ARION BANK S 2014 FINANCIAL RESULTS Press release, 24 February 2015 ARION BANK S 2014 FINANCIAL RESULTS Arion Bank reported net earnings of ISK 28.7 billion for the year 2014, compared with ISK 12.7 billion for the year 2013. Return on equity

More information

Income statement, 5-year summary Q1, 2013

Income statement, 5-year summary Q1, 2013 00B 0B, 5-year summary Financial information, Group, Group FY FY FY FY FY SEKm 2012 2) 2011 2010 1) 2009 2008 Net interest income 1) 20 361 19 014 16 228 20 765 21 702 Net commission income 1) 9 614 9

More information

Agasti Holding ASA. Agenda. 3 rd quarter 2014 Oslo, November 4 th 2014 03.11.2014

Agasti Holding ASA. Agenda. 3 rd quarter 2014 Oslo, November 4 th 2014 03.11.2014 Agasti Holding ASA 3 rd quarter 2014 Oslo, November 4 th 2014 Jørgen Pleym Ulvness, Chief Executive Officer Christian Dovland, Chief Financial Officer Disclaimer: Unaudited Q3 figures. This presentation

More information

ACCOUNTING FOR NON-ACCOUNTANTS

ACCOUNTING FOR NON-ACCOUNTANTS Deutsch and Chikarovski's ACCOUNTING FOR NON-ACCOUNTANTS A Question and Answer Handbook Robert Deutsch and Kris Chikarovski THE FEDERATION PRESS 2012 Preface - x Who is this book for? x What is in this

More information

Siemens Financial Services

Siemens Financial Services Siemens Financial Services Stability in Turbulent Times Siemens Analyst Call, June 4, 2009 Safe Harbour Statement This document contains forward-looking statements and information that is, statements related

More information

Ludwigshafen, February 25, 2014

Ludwigshafen, February 25, 2014 Ludwigshafen, February 25, 2014 Analyst Conference FY2013 Cautionary note regarding forward-looking statements This presentation may contain forward-looking statements that are subject to risks and uncertainties,

More information

GUD half year results Six months ended 31 December 2015. Jonathan Ling Managing Director

GUD half year results Six months ended 31 December 2015. Jonathan Ling Managing Director GUD half year results Six months ended 31 December 2015 Jonathan Ling Managing Director Result key points Reported NPAT of $1.7 million down from $17.3 million previously Includes $18.5 million after tax

More information

NOME COGNOME DEL RELATORE. Safe Harbour

NOME COGNOME DEL RELATORE. Safe Harbour MARCO PATUANO Safe Harbour These presentations contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements

More information

Earnings Release Q3 FY 2015 April 1 to June 30, 2015

Earnings Release Q3 FY 2015 April 1 to June 30, 2015 Munich, Germany, July 30, 2015 Earnings Release FY 2015 April 1 to June 30, 2015 Solid performance, softening market environment»overall our businesses delivered solid underlying profitability despite

More information

FINANCIAL RESULTS Q2 2015

FINANCIAL RESULTS Q2 2015 FINANCIAL RESULTS Q2 2015 CEO CHRISTIAN RYNNING-TØNNESEN CFO HALLVARD GRANHEIM 23 July 2015 Highlights Solid underlying results (EBITDA) - Lower Nordic prices offset by increased production and contribution

More information

1stH 2014 CONSOLIDATED RESULTS

1stH 2014 CONSOLIDATED RESULTS Gruppo 1stH 2014 CONSOLIDATED RESULTS Conference Call 1 Contents Financial highlights Ascopiave Group structure as of June, 30th 2014 Application of IFRS 11 international accounting standard 1stH 2013

More information

H1/2014 Results VTG AG Growing together. Dr. Heiko Fischer, CEO Dr. Kai Kleeberg, CFO August 21, 2014

H1/2014 Results VTG AG Growing together. Dr. Heiko Fischer, CEO Dr. Kai Kleeberg, CFO August 21, 2014 H1/2014 Results VTG AG Growing together Dr. Heiko Fischer, CEO Dr. Kai Kleeberg, CFO August 21, 2014 Table of content 1 Discussion of H1/2014 2 Outlook FY 2014 3 Questions & Answers 4 Financial Calendar

More information

The Annual Analyst Conference will take place in London, on November 9, at 11 a.m. UK time, and will be webcast on www.siemens.com/investorrelations

The Annual Analyst Conference will take place in London, on November 9, at 11 a.m. UK time, and will be webcast on www.siemens.com/investorrelations Siemens Q4 FY07 Flashlight The Annual Analyst Conference will take place in London, on November 9, at 11 a.m. UK time, and will be webcast on www.siemens.com/investorrelations The Press Conference will

More information

Q3 2007 Results Conference Call October 25, 2007. Bodo Uebber. Member of the Board of Management Finance & Controlling and Daimler Financial Services

Q3 2007 Results Conference Call October 25, 2007. Bodo Uebber. Member of the Board of Management Finance & Controlling and Daimler Financial Services Q3 2007 Results Conference Call October 25, 2007 Bodo Uebber Member of the Board of Management Finance & Controlling and Daimler Financial Services Impact of Chrysler transaction YTD 2007 Cash impact:

More information

Ahlers AG, Herford. ISIN DE0005009708 and DE0005009732 INTERIM REPORT

Ahlers AG, Herford. ISIN DE0005009708 and DE0005009732 INTERIM REPORT Ahlers AG, Herford ISIN DE0005009708 and DE0005009732 I N T E R I M R E P O R T for the first six months of the 2006/07 financial year (December 1, 2006 to May 31, 2007) BUSINESS DEVELOPMENT IN THE FIRST

More information

SAF-HOLLAND Annual Financial Statements 2012. Detlef Borghardt, CEO Wilfried Trepels, CFO. March 14, 2013

SAF-HOLLAND Annual Financial Statements 2012. Detlef Borghardt, CEO Wilfried Trepels, CFO. March 14, 2013 SAF-HOLLAND Annual Financial Statements 212 Detlef Borghardt, CEO Wilfried Trepels, CFO March 14, 213 Executive Summary business volume successfully expanded in 212 1 Group sales increased yoy by 3.4%

More information

Semi-Annual Financial Statements 1/2012 of TELES Group

Semi-Annual Financial Statements 1/2012 of TELES Group Semi-Annual Financial Statements 1/ of TELES Group (IFRS, unaudited) Key Figures January 1 through June 30, - Semi-annual figures confirm consolidation measures initiated during the preceding year - Significant

More information

CB Richard Ellis Group, Inc. Investor Presentation

CB Richard Ellis Group, Inc. Investor Presentation CB Richard Ellis Group, Inc. Investor Presentation February 2009 Forward Looking Statements This presentation contains statements that are forward looking within the meaning of the Private Securities Litigation

More information

Klöckner & Co SE. Q3 2014 Results

Klöckner & Co SE. Q3 2014 Results Klöckner & Co SE A Leading Multi Metal Distributor Gisbert Rühl CEO Marcus A. Ketter CFO Results Analysts and Investors Conference November 6, Disclaimer This presentation contains forward-looking statements

More information

Notice of Funds to be Procured through Hybrid Financing (Subordinated Loan)

Notice of Funds to be Procured through Hybrid Financing (Subordinated Loan) Name of Listed Company: Yokogawa Electric Corporation (URL: http://www.yokogawa.com) (Stock code: 6841, listed in TSE 1st section) Name and Position of the Representative: Shuzo Kaihori, President and

More information

Health Care Worldwide

Health Care Worldwide Health Care Worldwide Barclays European High Yield and Leveraged Finance Conference October 30, 2014 London Barclays European High Yield and Leveraged Finance Conference, October 30, 2014 Copyright Page

More information

Investor & Analyst Conference Call

Investor & Analyst Conference Call Interim Financial i lreport H1/2015 Investor & Analyst Conference Call 06 August 2015 Investor Relations Agenda. 1. Financials H1/2015 2. Review and outlook 2015 Page 2 SGL Group Investor Relations 06

More information

Financials at a glance: Strong growth in topline and net adjusted income

Financials at a glance: Strong growth in topline and net adjusted income 1 Ströer Financials Financials at a glance: Strong growth in topline and net adjusted income Change Revenues Organic growth (1) Operational EBITDA 282.3 242.2 +16.6% 7.3% 10.0% 59.8 52.4 +14.0% Net adjusted

More information

Conference call on the first six months 2015»

Conference call on the first six months 2015» Conference call on the first six months 2015» EnBW Energie Baden-Württemberg AG Karlsruhe, 30 July 2015 Thomas Kusterer, Chief Financial Officer Ingo Peter Voigt, Senior Vice President, Head of Finance,

More information

Consolidated Statement of Profit or Loss (in million Euro)

Consolidated Statement of Profit or Loss (in million Euro) Consolidated Statement of Profit or Loss (in million Euro) FY 2013 FY 2014 % change Q4 2013 Q4 2014 % change un Revenue 2,865 2,620-8.6% 739 711-3.8% Cost of sales (2,031) (1,813) -10.7% (511) (489) -4.3%

More information

CONFERENCE CALL Q1-Q3 2010. 10 November 2010

CONFERENCE CALL Q1-Q3 2010. 10 November 2010 CONFERENCE CALL Q1-Q3 2010 10 November 2010 Agenda Overview Q1-Q3 Q3 2010 Dr Helmut Leube, Chairman of the Management Board Key financials i Q1-Q3 Q3 2010 Dr Margarete Haase, CFO Outlook Dr Helmut Leube,

More information

Financial ratios can be classified according to the information they provide. The following types of ratios frequently are used:

Financial ratios can be classified according to the information they provide. The following types of ratios frequently are used: Financial Ratios Financial ratios are useful indicators of a firm's performance and financial situation. Most ratios can be calculated from information provided by the financial statements. Financial ratios

More information

3 M O N T H S R E P O R T 2 O O 3 / 2 O O 4

3 M O N T H S R E P O R T 2 O O 3 / 2 O O 4 3 M O N T H S R E P O R T 2 O O 3 / 2 O O 4 Content 03 Hönle at a glance 04 Letter to the Shareholders 06 Management Report 09 Consolidated financial statement 17 Shareholdings of the corporate bodies

More information

Conference Call Q2-2015/2016

Conference Call Q2-2015/2016 Conference Call Q2-2015/2016 DIRK KALIEBE, CFO November 13, 2015 Update strategy implementation: Services Consumables Sheetfed Digital Heidelberger Druckmaschinen AG 2 Update strategy implementation 1/4

More information

BASIC FINANCIAL ANALYSIS. Yves HEIJMANS

BASIC FINANCIAL ANALYSIS. Yves HEIJMANS BASIC FINANCIAL ANALYSIS Yves HEIJMANS 1 Agenda Solvability (balance sheet) Liquidity (balance sheet) Profitability (profit & loss statement) Other financial ratios Ratings Practice 2 Balance sheet Assets

More information

Financial Information

Financial Information Financial Information Solid results with in all key financial metrics of 23.6 bn, up 0.4% like-for like Adjusted EBITA margin up 0.3 pt on organic basis Net profit up +4% to 1.9 bn Record Free Cash Flow

More information

DAIMLERCHRYSLER Q1 2007 RESULTS CONFERENCE CALL

DAIMLERCHRYSLER Q1 2007 RESULTS CONFERENCE CALL DAIMLERCHRYSLER Q1 2007 RESULTS CONFERENCE CALL Bodo Uebber Member of the Board of Management Finance & Controlling / Financial Services May 15, 2007 DaimlerChrysler Group SUMMARY Unit sales down 5% to

More information

RTL Group s growth accelerates in Q3/2015

RTL Group s growth accelerates in Q3/2015 RTL Group s growth accelerates in Q3/2015 Revenue up 7.5 per cent, digital revenue up 86.6 per cent, EBITA up 13.8 per cent in Q3/2015 to record levels FremantleMedia broadens content portfolio with investments

More information

High Yield Market and Bumble Bee Credit Analysis. Amil V. Schiaffino, CFA High Yield Strategist

High Yield Market and Bumble Bee Credit Analysis. Amil V. Schiaffino, CFA High Yield Strategist High Yield Market and Bumble Bee Credit Analysis Amil V. Schiaffino, CFA High Yield Strategist UPCOMING EVENTS SAVE THE DATE Wednesday, October 1, 2014*: Mike Trihy, CFA, Vice President of Portfolio Strategy

More information

VERBUND AG, www.verbund.com

VERBUND AG, www.verbund.com VERBUND Results quarter 1/2015 Vienna, 06/05/2015 Results quarter 1/2015 Page 3 At a glance Influencing factors Water supply 3% above long-term average and 10%-points above Q1/2014 Reduction of average

More information

Q1 2016 Results Conference Call

Q1 2016 Results Conference Call Q1 2016 Results Conference Call Karim Bohn, CFO 10 May 2016 PATRIZIA Immobilien AG PATRIZIA Bürohaus Fuggerstrasse 26 86150 Augsburg T +49 821 50910-000 F +49 821 50910-999 immobilien@patrizia.ag www.patrizia.ag

More information

Commerzbank: Operating profit improved after nine months of 2015 to EUR 1.5 bn CET 1 ratio increased to 10.8%

Commerzbank: Operating profit improved after nine months of 2015 to EUR 1.5 bn CET 1 ratio increased to 10.8% IR release 2 November 2015 Commerzbank: Operating profit improved after nine months of 2015 to EUR 1.5 bn CET 1 ratio increased to 10.8% Operating profit in Group in third quarter at EUR 429 m (Q3 2014:

More information

Full Year 2015 Results

Full Year 2015 Results Full Year 2015 Results 16 March 2016 Conference call on FY 2015 results Corporate Finance & Investor Relations AGENDA FY 2015 results presentation Highlights 2015 Financials 2015 Outlook 2016 Appendix

More information

B.C. INTESA SANPAOLO ROMANIA S.A. 31/3/2008 Accounting & Balance Sheet Dept BALANCE SHEET * as at 31.12.2011 ASSETS - RON / 000 - Closing balance : 31.12.2010 restated 31/12/2011 10 Cash and cash equivalents

More information

Subject: Preliminary consolidated financial statements of the Capital Group of Bank Handlowy w Warszawie S.A. for the 2014

Subject: Preliminary consolidated financial statements of the Capital Group of Bank Handlowy w Warszawie S.A. for the 2014 Warsaw, February 12, 2015 Subject: Preliminary consolidated financial statements of the Capital Group of Bank Handlowy w Warszawie S.A. for the 2014 Legal basis: Art. 5 section 1 item 25) of the Ordinance

More information

Morgan Stanley Leveraged Finance Conference

Morgan Stanley Leveraged Finance Conference Morgan Stanley Leveraged Finance Conference June 12, 2014 2014 Level 3 Communications, LLC. All Rights Reserved Cautionary Statement & Pro Forma Adjustment Some statements made in this presentation are

More information

EVN Conference Call Q. 1 3 2012/13 Results. August 29 th, 2013

EVN Conference Call Q. 1 3 2012/13 Results. August 29 th, 2013 EVN Conference Call 2012/13 Results August 29 th, 2013 Business highlights Key financials Operating result at last year s level Group net profit 34.8% below prior-year level due to one-off effects in financial

More information

Software AG Results 1 st Quarter 2015 (IFRS, unaudited)

Software AG Results 1 st Quarter 2015 (IFRS, unaudited) Software AG Results 1 st Quarter (IFRS, unaudited) April 29, 1 Safe Harbor This presentation includes forward-looking statements based on the beliefs of Software AG management. Such statements reflect

More information

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS ATTACHMENTS TO THE PRESS RELEASE The consolidated Income Statements, consolidated Statements of Financial Position and the Consolidated Statements of Cash Flows as well as the Net Financial Debt of INWIT,

More information

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO Reed Elsevier Results Erik Engstrom, CEO Duncan Palmer, CFO FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the US Securities Act of

More information

Financial Statement Analysis!

Financial Statement Analysis! Financial Statement Analysis! The raw data for investing Aswath Damodaran! 1! Questions we would like answered! Assets Liabilities What are the assets in place? How valuable are these assets? How risky

More information

Full Year Results 2014

Full Year Results 2014 Full Year Results 2014 18 March 2015 Conference call on FY Results 2014 Corporate Finance & Investor Relations AGENDA FY 2014 results presentation Highlights 2014 Financials 2014 Outlook 2015 Appendix

More information

9M2005 Consolidated Results Fulvio Conti Chief Executive Officer

9M2005 Consolidated Results Fulvio Conti Chief Executive Officer 9M2005 Consolidated Results Fulvio Conti Chief Executive Officer Rome, 9 November 2005 Agenda 1. 9M2005 Results 2. 2005 and 2006 outlook 3. Questions & Answers 1 9M2005 results - Highlights Results 9M05/9M04

More information

PRESENTATION OF THE FOURTH QUARTER AND PRELIMINARY FULL YEAR RESULTS Acting CEO and CFO Roar Østbø

PRESENTATION OF THE FOURTH QUARTER AND PRELIMINARY FULL YEAR RESULTS Acting CEO and CFO Roar Østbø PRESENTATION OF THE FOURTH QUARTER AND PRELIMINARY FULL YEAR RESULTS 2015 Acting CEO and CFO Roar Østbø Q4 2015 / 2015 OPERATIONAL HIGHLIGHTS Q4 Revenues NOK 211 million, down 18 % QoQ EBITDA NOK -71 million,

More information

Credit Opinion: Akzo Nobel N.V.

Credit Opinion: Akzo Nobel N.V. Credit Opinion: Akzo Nobel N.V. Global Credit Research - 25 Oct 2012 Amsterdam, Netherlands Ratings Category Outlook Senior Unsecured -Dom Curr Commercial Paper Bkd Other Short Term -Dom Curr Akzo Nobel

More information

IAG results presentation. Quarter Four 2014 27 th February 2015

IAG results presentation. Quarter Four 2014 27 th February 2015 IAG results presentation Quarter Four 2014 27 th February 2015 2014 full year financial summary OPERATING PROFIT 1,249m (pre-vueling, pre-exceptional items) 1,390m (reported, pre-exceptional items) + 620m

More information