Nordex SE Conference Call H Hamburg August 15, 2013

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Nordex SE Conference Call H1 2013. Hamburg August 15, 2013"

Transcription

1 Nordex SE Conference Call H Hamburg August 15, 2013

2 AGENDA 1. Highlights Dr. J. Zeschky 2. Market update Dr. J. Zeschky 3. Business performance Dr. J. Zeschky 4. Financials B. Schäferbarthold 5. Summary and guidance 2013 Dr. J. Zeschky 6. Appendix Conference Call H Nordex SE Hamburg August 15,

3 1. HIGHLIGHTS Order Intake, sales and EBIT H1 above targets Strategy implementation on track operational improvements First turbines of the Delta Generation installed Raising Guidance 2013 for all major KPIs Conference Call H Nordex SE Hamburg August 15,

4 2. MARKET UPDATE FORECAST AND HIGHLIGHTS Regional development (grid-connections in GW) e >4% e Sources: GWEC; MAKE Consulting e e e Americas Asia-Pac. Europe RoW Market highlights MAKE forecast for slightly downgraded but global WTG installations to grow with a CAGR of >4% Demand in Northern European focus markets in line or above global average Southern Europe held back by the credit crisis, all in all still stable thanks to Turkey and France USA: Main reason for market decline in 2013 due to late PTC/ITC- extension; pricing pressure from shale gas Asian volume driven by China but market price still under pressure - Tier II markets such as Pakistan, Philippines or Thailand slowly developing RoW: South Africa and countries in North Africa emerging Onshore WTGs account for >90 % of the market potential Conference Call H Nordex SE Hamburg August 15,

5 APAC Americas EMEA 2. MARKET UPDATE CURRENT DEVELOPMENTS Continuing global demand for N117/2400 First major order for the Delta generation from Sweden Strong order book in Germany and rest of Northern Europe, Turkey and South Africa High production capacity utilization in the nacelle assembly in Rostock on a single shift basis Organizational adjustments in the US being implemented Assembly of nacelles for the remaining projects end of production and closure of the factory in Jonesboro planned for Q Sale of own developed project Beebe 1B to Exelon (46.6 MW) Ongoing project development and sales activities in LatAm (esp. Uruguay, Chile, Honduras) and the USA Organizational adjustments in China being implemented Assembly of nacelles for the remaining projects end of production and closure of the factory in Yinchuan planned for Q Sales focus outside China (e.g. Pakistan, Philippines, Vietnam, Thailand) No additional exceptionals in 2013 all costs fully covered in 2012 Conference Call H Nordex SE Hamburg August 15,

6 3. BUSINESS PERFORMANCE ALONG THE VALUE CHAIN Order backlog EUR Mio. (+50 % yoy) Sales target 2013 fully covered by existing backlog Installations MW (+96 % yoy) Major markets in EMEA: Germany (109 MW), UK (100 MW) and Turkey (87.5 MW) Service Sales up 7 % (H1 2013: EUR 63.0 mn vs H EUR 58.7 mn) Performance in line with budget (sales and EBIT) Global WTG availability >98 % Production Turbine production: MW (+93 % yoy) Blade production: 76.1 MW (-38 % yoy) due to changeover to NR 58.5 blade type Conference Call H Nordex SE Hamburg August 15,

7 3. BUSINESS PERFORMANCE STRONG INCREASE IN PRODUCTIVITY Development of turbine production in Rostock H H (in MW) +121% +36% H H H H H Efficiency gains lead to 30 % increase in weekly turbine production Assembly time cut by 25 % as a result of changes in process, improved tooling and changes in the assembly layout Improvements achieved without any disruption to ongoing production Conference Call H Nordex SE Hamburg August 15,

8 3. BUSINESS PERFORMANCE - SIGNIFICANT PROGRESS FOR THE DELTA GENERATION First turbines of the Delta Generation installed in Janneby, Northern Germany (N100/3300 on 100m tower; N117/3000 on 91m tower) Important certificates achieved to ensure the main approvals and permissions: International: DECS/IEC Germany: DIBt First major order from developer O2 for the Swedish project Maevaara (72 MW; 24x N117/3000; 120m tower) Conference Call H Nordex SE Hamburg August 15,

9 4. FIRM ORDER INTAKE Development of firm order intake H H (in EUR mn) Order intake distribution H % 839 Americas APAC 9% 5% Germany 28% 521 EMEA other 58% H H Order intake of EUR mn - best H1 ever 86 % from EMEA region main markets Germany, Turkey, Scandinavia, South Africa Bestselling turbine N117/2400 with a share of 60 % Conference Call H Nordex SE Hamburg August 15,

10 4. FIRM ORDER BACKLOG Development of firm order backlog 2012 H (in EUR mn) +49% % Q H Q FY 2012 Q H Firm order backlog now at EUR 1,300 mn ( : EUR 873 mn) Thereof 90 % EMEA but low exposure to Southern European countries affected by the debt crisis (<5 % ) Conditional order backlog at EUR mn Conference Call H Nordex SE Hamburg August 15,

11 4. INCOME STATEMENT In EUR mn H H in % Sales Total revenues Cost of materials (534.2) (339.3) 57.4 Gross profit Personnel costs (74.7) (67.2) 11.1 Other operating (expenses)/income (41.6) (27.5) 51.3 EBITDA >100 Depreciation (18.3) (14.5) 25.5 EBIT 15.0 (13.1) >100 Net financial result (12.5) (11.0) 13.3 EBT 2.6 (24.1) >100 Tax (1.3) 0.8 (>100) Net Profit 1.3 (23.3) >100 Sales increase of 57 % due to strong business in EMEA (share of 93 %) Improvement in gross profit by 56 % Increase in structural costs (+23 % yoy) well below sales increase (+57 % yoy), despite additional costs for new country organisations Conference Call H Nordex SE Hamburg August 15,

12 4. CASH FLOW STATEMENT In EUR mn H H Net result 1.3 (23.3) Depreciation Change in working capital (33.4) 19.1 Other cash outflow from operating activities (25.2) (14.3) Cash flow from operating activities (39.1) (4.0) Cash flow from investing activities (33.0) (21.0) Cash flow from financing activities (23.7) (13.1) Change in liquidity from cash flows (95.8) (38.1) Liquidity beginning of period Other (4.3) (1.2) Liquidity end of period Working capital ratio of 9.5% stable since end of 2012(FY 2012: 8.7%) and significantly lower yoy (H1 2012: 21.4 %) Higher cash outflow from financing activities due to a redemption payment (credit facility in China) Investment focus on product development, upgrade of the German plants for the Generation Delta and the NR 58.5 blade Conference Call H Nordex SE Hamburg August 15,

13 4. INVENTORIES AND WORKING CAPITAL DEVELOPMENT Quarterly development of inventories and working capital ratio 2010 Q Inventories in EUR mn % Q Q Q Q Q Strict working capital management resulted in a low working capital ratio of 9.5 % despite higher business volume Inventories stable despite high project volume in the next quarters Conference Call H Nordex SE Hamburg August 15,

14 4. BALANCE SHEET In EUR mn H FY 2012 H FY 2012 Liquid funds Current bank borrowings Trade receivables and future receivables Trade payables Net inventories Other current liabilities Other current assets Current assets Current liabilities Property, plant, equipment Non-current bank borrowings Capitalized R&D expenses Deferred tax liabilities Deferred tax assets Bond Other non-current assets Other non-current liabilities Non-current assets Non-current liabilities Shareholders equity Total assets 1, ,066.1 Total assets 1, ,066.1 Liquid funds decreased due to higher purchasing volume and increased production for the large order backlog Net debt position of EUR -18 mn 1 Bond incl. accrual interest Equity ratio slightly improved slightly to 28.4 % ( : 26.2%) Conference Call H Nordex SE Hamburg August 15,

15 5. SUMMARY AND GUIDANCE 2013 H above our expectations Order intake momentum strong Sales target 2013 fully covered by strong order backlog A yield-driven product mix (esp. N117/2400), improvements in cost-cutting (CORE 15) as well as operational excellence will drive the EBIT-margin Guidance old Upgrade Guidance new Order Intake [EUR] EUR bn + EUR 100 mn EUR bn Sales [EUR] EUR bn + EUR 100 mn EUR bn EBIT 2 3 % % pts % Working capital ratio 15 % Max. - 5 % pts % Conference Call H Nordex SE Hamburg August 15,

16 6. FINANCIAL CALENDAR Date Event 15 August 2013 Interim report for the first half 2013; Analyst Call September 2013 Capital Markets Day (Frankfurt/Main) 25 September 2013 UniCredit German Investment Conference (Munich) 26 September 2013 Macquarie Alternative Energy Conference (London) 8-9 October 2013 Deutsche Börse Sector Conference (Stockholm) 14 November 2013 Interim report for the third quarter 2013; Analyst Call November 2013 Bankhaus Lampe Hamburg Investment Conference 28 November 2013 HSBC Zurich Conference Conference Call H Nordex SE Hamburg August 15,

17 6. SHAREHOLDER STRUCTURE OF NORDEX SE SKion/momentum capital 24.99% Free float 75.01% On the basis of mn shares, as of August 2013 Conference Call H Nordex SE Hamburg August 15,

18 DISCLAIMER The targeted goals in this document reflect forward looking statements which are based solely on estimates and not on predictable risks. Should the estimates with regard to the successful integration of acquisitions and the future internal growth of the company not to be realized or if other unpredictable risks should arise, it cannot be ruled out that the actual financial results of the company will differ substantially from the targeted goals as laid out in this document. In this respect Nordex SE is unable to give a guarantee that the actual financial results of the company will not differ from any forecasts or guidance given. Conference Call H Nordex SE Hamburg August 15,

19 MANY THANKS FOR YOUR ATTENTION. Ralf Peters Head of Corporate Communications Phone: +49 (0) Fax: +49 (0) Oliver Kayser Investor Relations Manager Phone: +49 (0) Fax: +49 (0) Nordex SE Langenhorner Chaussee 600, Hamburg, Germany Conference Call H Nordex SE Hamburg August 15,

Nordex SE Conference Call Q1 2013. Frankfurt/Main May 15, 2013

Nordex SE Conference Call Q1 2013. Frankfurt/Main May 15, 2013 Nordex SE Conference Call Q1 2013 Frankfurt/Main May 15, 2013 AGENDA 1. Highlights Dr. J. Zeschky 2. Market Update and business performance Dr. J. Zeschky 3. Financials B. Schäferbarthold 4. Summary and

More information

Nordex SE Conference Call Q3 2013. Frankfurt/M. November 14, 2013

Nordex SE Conference Call Q3 2013. Frankfurt/M. November 14, 2013 Nordex SE Conference Call Q3 2013 Frankfurt/M. November 14, 2013 AGENDA Speaker: Dr. Jürgen Zeschky, CEO 1. Highlights 2. Market update 3. Business performance 4. Financials 5. Outlook and guidance 6.

More information

Nordex SE Conference Call 9M 2012. Hamburg, 13/11/2012

Nordex SE Conference Call 9M 2012. Hamburg, 13/11/2012 Nordex SE Conference Call 9M 2012 Hamburg, 13/11/2012 AGENDA 1. Highlights 9M 2012 Dr. J. Zeschky 2. Financials 9M 2012 B. Schäferbarthold 3. Guidance 2012 and market outlook B. Schäferbarthold 4. Strategy

More information

Nordex SE Conference Call FY 2012. Frankfurt/Main, 25/03/2013

Nordex SE Conference Call FY 2012. Frankfurt/Main, 25/03/2013 Nordex SE Conference Call FY 2012 Frankfurt/Main, 25/03/2013 AGENDA 1. Highlights Winds of change Dr. J. Zeschky 2. Reorganisation USA / China Dr. J. Zeschky 3. Business performance and financials 2012

More information

Nordex SE Annual Results 2013

Nordex SE Annual Results 2013 Nordex SE Annual Results 2013 Frankfurt 24 March 2014 AGENDA 1. Highlights 2013 Dr. Jürgen Zeschky 2. Market success and operating milestones Dr. Jürgen Zeschky 3. Business development and key figures

More information

Nordex SE Conference Call Q3 2014. Hamburg 13 November 2014

Nordex SE Conference Call Q3 2014. Hamburg 13 November 2014 Nordex SE Conference Call Q3 2014 Hamburg 13 November 2014 AGENDA 1. Highlights 9m 2014 Dr. Jürgen Zeschky 2. Market snapshots Dr. Jürgen Zeschky 3. Operational progress Dr. Jürgen Zeschky 4. Financials

More information

Nordex SE Conference Call Q1 2015

Nordex SE Conference Call Q1 2015 Nordex SE Conference Call Q1 2015 Hamburg 13 May 2015 AGENDA 1. Highlights Dr. Jürgen Zeschky 2. Operational progress and order intake Dr. Jürgen Zeschky 3. Financials Q1 2015 Bernard Schäferbarthold 4.

More information

Nordex SE Conference Call FY 2014

Nordex SE Conference Call FY 2014 Nordex SE Conference Call FY 2014 Frankfurt 23 March 2015 AGENDA 1. Highlights Dr. Jürgen Zeschky 2. Operational progress Dr. Jürgen Zeschky 3. Financials 2014 Bernard Schäferbarthold 4. Market development

More information

Nordex SE. Analyst Presentation Preliminary Figures FY 2011. Hamburg 28/02/2012

Nordex SE. Analyst Presentation Preliminary Figures FY 2011. Hamburg 28/02/2012 Nordex SE Analyst Presentation Preliminary Figures FY 2011 Hamburg 28/02/2012 Overview Order intake, sales and EBIT before one-off items in line with most recent forecast as of 14 Nov. Guidance 2011p Order

More information

Nordex SE Conference Call 9M 2015. Frankfurt 11 November 2015

Nordex SE Conference Call 9M 2015. Frankfurt 11 November 2015 Nordex SE Conference Call 9M 2015 Frankfurt 11 November 2015 AGENDA 1. Highlights Lars Bondo Krogsgaard 2. Operational progress and order intake Lars Bondo Krogsgaard 3. Financials 9M 2015 Bernard Schäferbarthold

More information

Nordex SE Fiscal 2011 and Outlook. Frankfurt, April 2nd, 2012

Nordex SE Fiscal 2011 and Outlook. Frankfurt, April 2nd, 2012 Nordex SE Fiscal 2011 and Outlook Frankfurt, April 2nd, 2012 AGENDA 1. Global Wind Market Development 2011 and Outlook B. Schäferbarthold 2. Order Intake B. Schäferbarthold 3. Financials 2011 B. Schäferbarthold

More information

Nordex SE Conference Call H1 2015. Hamburg 30 July 2015

Nordex SE Conference Call H1 2015. Hamburg 30 July 2015 Nordex SE Conference Call H1 2015 Hamburg 30 July 2015 AGENDA 1. Highlights Lars Bondo Krogsgaard 2. Operational progress and order intake Lars Bondo Krogsgaard 3. Financials H1 2015 Bernard Schäferbarthold

More information

Nordex SE Conference Call 9M 2010. Hamburg, November 11, 2010

Nordex SE Conference Call 9M 2010. Hamburg, November 11, 2010 Nordex SE Conference Call 9M 2010 Hamburg, November 11, 2010 Overview 9M 2010 Order intake disappointing in Q3 and well below our own expectations Revised guidance for 2010 Sales of ~ EUR 1 billion, stable

More information

Nordex SE Investor Presentation. Hamburg July, 2015

Nordex SE Investor Presentation. Hamburg July, 2015 Nordex SE Investor Presentation Hamburg July, 2015 AGENDA 1. Intro and corporate strategy 2. Markets and market success 3. Products and R&D 4. Financials 2014 & outlook 5. Appendix (shareholder structure)

More information

Nordex SE Investor Presentation. Hamburg September, 2015

Nordex SE Investor Presentation. Hamburg September, 2015 Nordex SE Investor Presentation Hamburg September, 2015 AGENDA 1. Intro and corporate strategy 2. Markets and market success 3. Products and R&D 4. Financials 2014 & outlook 5. Appendix (shareholder structure)

More information

NORDEX SE CAPITAL MARKETS DAY 2014

NORDEX SE CAPITAL MARKETS DAY 2014 NORDEX SE CAPITAL MARKETS DAY 2014 Hamburg, September 24, 2014 AGENDA 1. Introduction 2. The story at a glance 3. Phase I (2012 2014) Restructuring and Turnaround 4. Phase II (2014 2017) Profitability

More information

Joining forces with. Hamburg, 5 October 2015

Joining forces with. Hamburg, 5 October 2015 Joining forces with Hamburg, 5 October 2015 AGENDA Key facts of the acquisition Acciona S.A. / Acciona Windpower at a glance Key elements of the acquisition Strategic rationale Main areas of value creation

More information

Q1 2014 Earnings Call. April 30 th, 2014

Q1 2014 Earnings Call. April 30 th, 2014 Q1 2014 Earnings Call April 30 th, 2014 Agenda Executive summary Financial data Outlook 2014 Appendix 2 Summary Q1 2014 (1) Revenue growth factors Positive start in FY 2014 with Q1 revenue increase of

More information

08/10/2011, Bremen. Six-Month Results 2011 Analysts Conference Call

08/10/2011, Bremen. Six-Month Results 2011 Analysts Conference Call Conference Call 08/10/2011, Bremen Six-Month Results 2011 Analysts Conference Call Highlights 6M/2011 Highlights Total revenues for the six months 2011 increased by 24 % to around EUR 238 million Operating

More information

Third quarter 2015. Vestas Wind Systems A/S. Copenhagen, 5 November 2015

Third quarter 2015. Vestas Wind Systems A/S. Copenhagen, 5 November 2015 Third quarter Vestas Wind Systems A/S Copenhagen, 5 November Disclaimer and cautionary statement This document contains forward-looking statements concerning Vestas financial condition, results of operations

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 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 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

Third quarter results FY2015. August 17, 2015

Third quarter results FY2015. August 17, 2015 Third quarter results FY2015 August 17, 2015 Disclaimer Stabilus S.A. (the Company, later Stabilus ) has prepared this presentation solely for your information. It should not be treated as giving investment

More information

CONFERENCE CALL RESULTS JANUARY JUNE 2015

CONFERENCE CALL RESULTS JANUARY JUNE 2015 WELCOME DÜRR AKTIENGESELLSCHAFT CONFERENCE CALL RESULTS JANUARY JUNE 2015 Ralf W. Dieter, CEO Ralph Heuwing, CFO Bietigheim-Bissingen, August 6, 2015 www.durr.com DISCLAIMER This presentation has been

More information

Nordex AG. Conference Call June 27, 2007

Nordex AG. Conference Call June 27, 2007 Nordex AG Conference Call June 27, 2007 Situation Major shareholders Goldman Sachs and CMP Capital Management Partners are investigating a possible sale of their shares in the company At this stage, it

More information

Aalberts Industries Net profit and earnings per share +15%

Aalberts Industries Net profit and earnings per share +15% PRESS RELEASE 1 ST HALF YEAR 2015 Aalberts Industries Net profit and earnings per share +15% Langbroek, 13 August 2015 Highlights o Revenue EUR 1,244 million, increase +18% (organic +2%). o Operating profit

More information

2013 Half Year Results

2013 Half Year Results 2013 Half Year Results Erwin Stoller, Executive Chairman Joris Gröflin, Chief Financial Officer Agenda 1. Introduction and summary of first half year 2013 2. Financial results first half year 2013 3. Outlook

More information

CONFERENCE CALL RESULTS JANUARY MARCH 2015

CONFERENCE CALL RESULTS JANUARY MARCH 2015 WELCOME DÜRR AKTIENGESELLSCHAFT CONFERENCE CALL RESULTS JANUARY MARCH 2015 Ralf W. Dieter, CEO Ralph Heuwing, CFO Hanover, May 12, 2015 www.durr.com DISCLAIMER This presentation has been prepared independently

More information

Firstsource Solutions Limited

Firstsource Solutions Limited Profit and Loss account summary Quarter ended 31, 2015 Growth % in Q4 FY16 over Q4 FY15 In INR million, except per share data Quarter ended December 30, 2015 Growth % in Q4 FY16 over Q3 FY16 INCOME Income

More information

Focus on fleet customers SAF-HOLLAND 1st half-year results 2014

Focus on fleet customers SAF-HOLLAND 1st half-year results 2014 Focus on fleet customers SAF-HOLLAND 1st half-year results 214 Detlef Borghardt, CEO Wilfried Trepels, CFO August 7, 214 Executive Summary 1 Increase in group sales by 1.7% to 482.mn (previous year: 435.6)

More information

Klöckner & Co SE. FY 2013 Results

Klöckner & Co SE. FY 2013 Results Klöckner & Co SE A Leading Multi Metal Distributor Gisbert Rühl CEO FY 2013 Results Press Conference March 6, 2014 Disclaimer This presentation contains forward-looking statements which reflect the current

More information

CONFERENCE CALL RESULTS JANUARY MARCH 2014

CONFERENCE CALL RESULTS JANUARY MARCH 2014 WELCOME DÜRR AKTIENGESELLSCHAFT CONFERENCE CALL RESULTS JANUARY MARCH 2014 Ralf W. Dieter, CEO Ralph Heuwing, CFO Bietigheim-Bissingen, May 6, 2014 www.durr.com DISCLAIMER This presentation has been prepared

More information

CONFERENCE CALL RESULTS JANUARY SEPTEMBER 2015

CONFERENCE CALL RESULTS JANUARY SEPTEMBER 2015 WELCOME DÜRR AKTIENGESELLSCHAFT CONFERENCE CALL RESULTS JANUARY SEPTEMBER 2015 Ralf W. Dieter, CEO Ralph Heuwing, CFO Bietigheim-Bissingen, November 3, 2015 www.durr.com DISCLAIMER This presentation has

More information

Nordex SE Investor Presentation. Status: January 2016

Nordex SE Investor Presentation. Status: January 2016 Nordex SE Investor Presentation Status: January 2016 AGENDA 1. Intro and corporate strategy 2. Markets and market success 3. Products and R&D 4. Financials 9M 2015 and Guidance 2015 5. AWP merger transaction

More information

DATRON AG. Investor day supports our positive view. Buy (Buy) 12.50 EUR (12.50 EUR ) BANKHAUS LAMPE // 1 17/09/2015

DATRON AG. Investor day supports our positive view. Buy (Buy) 12.50 EUR (12.50 EUR ) BANKHAUS LAMPE // 1 17/09/2015 BANKHAUS LAMPE // 1 DATRON AG Investor day supports our positive view 17/09/2015 Buy (Buy) 12.50 EUR (12.50 EUR ) Close 15/09/2015 9.75 EUR Bloomberg: DAR GY WKN: A0V9LA Sector Engineering Share price

More information

Nordex SE Capital Markets Day 2012. Frankfurt, 13/09/2012

Nordex SE Capital Markets Day 2012. Frankfurt, 13/09/2012 Nordex SE Capital Markets Day 2012 Frankfurt, 13/09/2012 BOARD LED BY NEW CEO, JÜRGEN ZESCHKY Jürgen Zeschky Previously Executive Vice President of Voith Turbo in Heidenheim, Germany between 2003-2012

More information

Focus on fleet customers SAF-HOLLAND Annual Financial Statements 2013

Focus on fleet customers SAF-HOLLAND Annual Financial Statements 2013 Focus on fleet customers SAF-HOLLAND Annual Financial Statements 213 Detlef Borghardt, CEO Wilfried Trepels, CFO March 13, 214 Agenda 1 Financials 3 2 Appendix 21 2 Executive Summary 1 2 3 Group sales

More information

WINCOR NIXDORF ANALYST CONFERENCE CALL April 23, 2015

WINCOR NIXDORF ANALYST CONFERENCE CALL April 23, 2015 WINCOR NIXDORF ANALYST CONFERENCE CALL April 23, 2015 Disclaimer This document has been prepared by Wincor Nixdorf AG solely for use in this presentation. The information contained in this document has

More information

Full Year Results 2012. Conference Call Presentation, 21 st March 2013

Full Year Results 2012. Conference Call Presentation, 21 st March 2013 Full Year Results 2012 Conference Call Presentation, 21 st March 2013 0 Disclaimer This presentation may contain forward-looking statements based on current assumptionsandforecastsmadebybrenntag AG and

More information

OHB SE Marco Fuchs, CEO May 13, 2015, Bremen. Three-month results 2015 Analysts conference call

OHB SE Marco Fuchs, CEO May 13, 2015, Bremen. Three-month results 2015 Analysts conference call OHB SE Marco Fuchs, CEO May 13, 2015, Bremen Three-month results 2015 Analysts conference call Highlights 2015 Page 2 Recent business highlights Successful launch of the Galileo FOC* satellites Adam and

More information

KONE s interim report for January March 2016 APRIL 21, 2016 HENRIK EHRNROOTH, PRESIDENT & CEO

KONE s interim report for January March 2016 APRIL 21, 2016 HENRIK EHRNROOTH, PRESIDENT & CEO KONE s interim report for January March 2016 APRIL 21, 2016 HENRIK EHRNROOTH, PRESIDENT & CEO Figures for January March 2016 Q1 2016 Key figures STRONG OPERATING PERFORMANCE; ORDERS DECLINED FROM A HIGH

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

CONFERENCE CALL H1 2009. 12 August 2009

CONFERENCE CALL H1 2009. 12 August 2009 CONFERENCE CALL H1 2009 12 August 2009 Agenda Dr Margarete Haase, CFO Overview H1 2009 Key financials H1 2009 "MOVE" programme and outlook Appendix 2 Highlights of H1 2009 "MOVE" programme with very good

More information

CONFERENCE CALL PRELIMINARY FIGURES FISCAL YEAR 2014

CONFERENCE CALL PRELIMINARY FIGURES FISCAL YEAR 2014 WELCOME DÜRR AKTIENGESELLSCHAFT CONFERENCE CALL PRELIMINARY FIGURES FISCAL YEAR 2014 Ralf W. Dieter, CEO Ralph Heuwing, CFO Bietigheim-Bissingen, March 9, 2015 www.durr.com DISCLAIMER This presentation

More information

Interim Report of the Nordex Group as of 30 September 2013

Interim Report of the Nordex Group as of 30 September 2013 Interim Report of the Nordex Group as of 30 September 2013 Contents 3 Key figures 4 Letter to the shareholders 5 The stock Group interim management report as of 30 September 2013 7 Economic conditions

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

People & Print Conference Call Q1 Results 2015 12 May 2015

People & Print Conference Call Q1 Results 2015 12 May 2015 People & Print Conference Call Q1 Results 2015 12 May 2015 Claus Bolza-Schünemann, CEO Mathias Dähn, CFO Agenda Highlights Q1 2015 Business performance Q1 2015 Outlook and strategy KBA Conference Call

More information

2013 Second Quarter Review July 26, 2013 1

2013 Second Quarter Review July 26, 2013 1 213 Second Quarter Review July 26, 213 1 Panalpina Group Basel, July 26, 213 213 Second Quarter Review 213 Second Quarter Review July 26, 213 2 Highlights and key figures Operating and financial review

More information

Q 2/2014. Interim Report of the Nordex Group as of 30 June 2014

Q 2/2014. Interim Report of the Nordex Group as of 30 June 2014 Q 2/2014 Interim Report of the Nordex Group as of 30 June 2014 Contents 3 Key figures 4 Letter to the shareholders 5 The stock Group interim management report as of 30 June 2014 7 Economic conditions 7

More information

Vertical and Horizontal Analysis. Financial Analysis. Lecturer: Dr. Constantinos Adamides

Vertical and Horizontal Analysis. Financial Analysis. Lecturer: Dr. Constantinos Adamides Vertical and Horizontal Analysis Financial Analysis Lecturer: Dr. Constantinos Adamides Horizontal Analysis Comparison of financial information of a single company for two more years Examination of absolute

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

CONFERENCE CALL PRELIMINARY FIGURES FISCAL YEAR 2013

CONFERENCE CALL PRELIMINARY FIGURES FISCAL YEAR 2013 WELCOME DÜRR AKTIENGESELLSCHAFT CONFERENCE CALL PRELIMINARY FIGURES FISCAL YEAR 2013 Ralf W. Dieter, CEO Ralph Heuwing, CFO Bietigheim-Bissingen, February 25, 2014 www.durr.com DISCLAIMER This presentation

More information

Q1/2014. Interim Report of the Nordex Group as of 31 March 2014

Q1/2014. Interim Report of the Nordex Group as of 31 March 2014 Q1/2014 Interim Report of the Nordex Group as of 31 March 2014 Contents 3 Key figures 4 Letter to the shareholders 5 The stock Group interim management report as of 31 March 2014 7 Economic conditions

More information

Q1/2015. Interim Report of the Nordex Group as of 31 March 2015

Q1/2015. Interim Report of the Nordex Group as of 31 March 2015 Q1/2015 Interim Report of the Nordex Group as of 31 March 2015 Contents 3 Key figures 4 Letter to the shareholders 5 The stock Interim consolidated management report as of 31 March 2015 7 Economic conditions

More information

Full-year results 2014. December 02, 2014

Full-year results 2014. December 02, 2014 Full-year results 2014 December 02, 2014 Disclaimer Stabilus S.A. (the Company, later Stabilus ) has prepared this presentation solely for your information. It should not be treated as giving investment

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

Significant reduction in net loss

Significant reduction in net loss press release 12 May 2015 Royal Imtech publishes first quarter 2015 results Significant reduction in net loss Order intake in Q1 at a satisfactorily level of 912 million Revenue 3% down excluding Germany

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

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

Herzogenaurach, Germany, July 27, 2004 PUMA AG announces its consolidated nd

Herzogenaurach, Germany, July 27, 2004 PUMA AG announces its consolidated nd P Quarter P Half-Year For immediate release MEDIA CONTACT: INVESTOR CONTACT: U.S.A.: Lisa Beachy, Tel. +1 617 488 2945 Europe: Ulf Santjer, Tel. +49 9132 81 2489 Dieter Bock, Tel. +49 9132 81 2261 Herzogenaurach,

More information

Interim report January - March 2015

Interim report January - March 2015 Interim report January - March 2015 April 22 th 2015 Lars Wollung, CEO Erik Forsberg, CFO Q1 Key highlights Strong financial performance EBIT excluding revaluations and fx-impact +12% Investment grade

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

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 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

Preliminary results FY2015. November 27, 2015

Preliminary results FY2015. November 27, 2015 Preliminary results FY2015 November 27, 2015 Disclaimer Stabilus S.A. (the Company, later Stabilus ) has prepared this presentation solely for your information. It should not be treated as giving investment

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 Q3 2014 Results Press Telephone Conference November 6, 2014 Disclaimer This presentation contains forward-looking statements which 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

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

Jan-December 2014 Results. Madrid, May 2015

Jan-December 2014 Results. Madrid, May 2015 Jan-December 2014 Results Madrid, May 2015 January- December 2014 Highlights Reported Net profit exc. PPA reaches 8.3 million, from the -3.2 million losses accounted in 2013. 2014 has been a year of transformation

More information

Presentation. for Q2 2014 2014-08-22

Presentation. for Q2 2014 2014-08-22 Presentation for Q2 2014 2014-08-22 Agenda 1 2 3 4 technotrans business model technotrans strategy technotrans finances and outlook technotrans share page 2 technotrans group of companies leading system

More information

HMS Group 3 months 2015 IFRS Results Conference call presentation. 16 June 2015

HMS Group 3 months 2015 IFRS Results Conference call presentation. 16 June 2015 HMS Group 3 months 2015 IFRS Results Conference call presentation 16 June 2015 Financial results Business & Outlook Appendix Financial Highlights Financial highlights, Rub mn 3m 2015 3m 2014 chg, yoy Revenue

More information

Nordex SE Capital Markets Day 2013. Frankfurt 17/09/2013

Nordex SE Capital Markets Day 2013. Frankfurt 17/09/2013 Nordex SE Capital Markets Day 2013 Frankfurt 17/09/2013 AGENDA 1. Overview and strategy update Dr. Jürgen Zeschky 2. Financials Bernard Schäferbarthold 3. Market Update Lars Bondo Krogsgaard 4. Germany

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

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

H1 RESULTS. Paris July 30th, 2015

H1 RESULTS. Paris July 30th, 2015 2015 H1 RESULTS Paris July 30th, 2015 Disclaimer This presentation may contain forward-looking statements. Such statements may include projections, estimates, assumptions, statements regarding plans, objectives,

More information

Aalberts Industries increases earnings per share +10%

Aalberts Industries increases earnings per share +10% Aalberts Industries increases earnings per share +10% Langbroek, 26 February 2015 Highlights o Revenue EUR 2,201 million, increase +8% (organic +3.1%) o Operating profit (EBITA) +10% to EUR 247 million;

More information

Company Presentation Conference Call Q1 2005, May 13 REpower Systems AG

Company Presentation Conference Call Q1 2005, May 13 REpower Systems AG Company Presentation Conference Call Q1 2005, May 13 REpower Systems AG Speakers today Prof. Dr. Fritz Vahrenholt Pieter Wasmuth CEO & Corporate Strategy Finance & Personnel Former member of the board

More information

Half-yearly Financial Report. January 1 June 30, 2014. engineering for a better world

Half-yearly Financial Report. January 1 June 30, 2014. engineering for a better world Half-yearly Financial Report January 1 June 30, engineering for a better world GEA Group: Key IFRS figures GEA Group: Key IFRS figures (EUR million) Q2 Q2 1 Q1-Q2 Q1-Q2 1 Results of operations Order intake

More information

Debt Investors Call First Quarter 2015. Walldorf, Germany Monday, May 4, 2015

Debt Investors Call First Quarter 2015. Walldorf, Germany Monday, May 4, 2015 Debt Investors Call First Quarter 2015 Walldorf, Germany Monday, May 4, 2015 Safe Harbor Statement Any statements contained in this document that are not historical facts are forward-looking statements

More information

Q3 2013 Conference Call. Dr. Tobias Wagner 31 October 2013

Q3 2013 Conference Call. Dr. Tobias Wagner 31 October 2013 Q3 2013 Conference Call Dr. Tobias Wagner 31 October 2013 Agenda Executive summary Financial data Brands and projects Outlook Appendix 1 Highlights in the first nine months 2013 New executive board Dr.

More information

2013 Third Quarter Review October 25, 2013 1

2013 Third Quarter Review October 25, 2013 1 October 25, 213 1 Panalpina Group October 25, 213 213 Third Quarter Review October 25, 213 2 Highlights and key figures Operating and financial review Outlook Growth in profitability and margins in the

More information

Conference call on 2014 half year results 13 August 2014

Conference call on 2014 half year results 13 August 2014 Conference call on 2014 half year results 13 August 2014 IMCD IMCD Group N.V. Disclaimer Forward looking statements This half year report contains forward looking statements. These statements are based

More information

EUROPE S LEADING ONLINE FASHION DESTINATION Q4 / Full-Year 2014 Earnings Call 5 March 2015

EUROPE S LEADING ONLINE FASHION DESTINATION Q4 / Full-Year 2014 Earnings Call 5 March 2015 EUROPE S LEADING ONLINE FASHION DESTINATION Q4 / Full-Year 2014 Earnings Call 5 March 2015 Results highlights and business update 1 CONTINUED CLEAR FOCUS ON EXECUTION Strong revenue growth outperforms

More information

Conference Call May 14, 2014, Bremen. Three-month results 2014 Analysts conference call

Conference Call May 14, 2014, Bremen. Three-month results 2014 Analysts conference call Conference Call May 14, 2014, Bremen Three-month results 2014 Analysts conference call Financial highlights 3M/2014 Total revenues up 45 % to a level of EUR 207.9 million EBIT comes up to EUR 10.4 million

More information

FINANCIAL INFORMATION CONSOLIDATED FINANCIAL STATEMENTS. Risk management

FINANCIAL INFORMATION CONSOLIDATED FINANCIAL STATEMENTS. Risk management 167 Risk management Group risk management Group Risk Management supports the Board of Directors, the Executive Committee and the management teams of the Group companies in their strategic decisions. Group

More information

Company announcement from Vestas Wind Systems A/S

Company announcement from Vestas Wind Systems A/S Company announcement from Aarhus, 9 February 2016 Company announcement No. 3/2016 Page 1 of 9 Annual report 2015 - Yet another year with strong financial and operational results Summary: For full-year

More information

Quarterly Financial Report

Quarterly Financial Report 3/2012 Quarterly Financial Report Sales up by over 27 % to more than 35 million EBIT improved by 20 % to 3.4 million Quarterly Financial Report 3/2012 Dear shareholders, employees, partners and friends

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

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

2014 FIRST QUARTER RESULTS CONFERENCE CALL. May 15th, 2014

2014 FIRST QUARTER RESULTS CONFERENCE CALL. May 15th, 2014 2014 FIRST QUARTER RESULTS CONFERENCE CALL May 15th, 2014 DISCLAIMER This presentation has been prepared by Eurotech S.p.A.(or Eurotech ) and has to be read in conjunction with its oral presentation. The

More information

Investor & Analyst Presentation Semi-Annual Report 2014. Dr. Cornelius Patt, CEO Andreas Grandinger, CFO August 19th, 2014

Investor & Analyst Presentation Semi-Annual Report 2014. Dr. Cornelius Patt, CEO Andreas Grandinger, CFO August 19th, 2014 Investor & Analyst Presentation Semi-Annual Report 2014 Dr. Cornelius Patt, CEO Andreas Grandinger, CFO August 19th, 2014 Safe Harbor Statement This document includes supplemental financial measures that

More information

Consolidated balance sheet

Consolidated balance sheet Consolidated balance sheet Non current assets 31/12/2009 31/12/2008 (*) 01/01/2008 (*) Property, plant and equipment 1,352 1,350 1,144 Investment property 7 11 11 Fixed assets held under concessions 13,089

More information

PNE WIND AG. WEBCAST presentation November 9, 2015

PNE WIND AG. WEBCAST presentation November 9, 2015 PNE WIND AG WEBCAST presentation November 9, 2015 Windpark Windpark Buchholz Buchholz 9M 2015 HIGHLIGHTS The first nine months of 2015 was characterized by 1. the successful sale of PNE WIND UK to Brookfield

More information

Q2/2015. Interim Report of the Nordex Group as of 30 June 2015

Q2/2015. Interim Report of the Nordex Group as of 30 June 2015 Q2/2015 Interim Report of the Nordex Group as of 30 June 2015 Contents 3 Key figures 4 Letter to the shareholders 6 The stock Interim Group management report as of 30 June 2015 8 Economic conditions 8

More information

C O N F E R E N C E C A L L Q April 2008

C O N F E R E N C E C A L L Q April 2008 C O N F E R E N C E C A L L Q1 2008 30 April 2008 Agenda Highlights Q1 2008 Dr Helmut Leube, Chairman of Management Board Key performance indicators Q1 2008 Helmut Meyer, CFO Outlook for 2008 Dr Helmut

More information

Results Presentation Jan-Sep 2014. November 25 th, 2014

Results Presentation Jan-Sep 2014. November 25 th, 2014 Results Presentation Jan-Sep 2014 November 25 th, 2014 Disclaimer This document has been prepared by Grupo Isolux Corsán, S.A.; therefore no part of it may be published, disclosed or distributed in any

More information

Debt Investors Call Second-Quarter Walldorf, Germany Thursday, July 30, 2015

Debt Investors Call Second-Quarter Walldorf, Germany Thursday, July 30, 2015 Debt Investors Call Second-Quarter 2015 Walldorf, Germany Thursday, July 30, 2015 Safe Harbor Statement Any statements contained in this document that are not historical facts are forward-looking statements

More information

Nemetschek Group Company Presentation. July 2014

Nemetschek Group Company Presentation. July 2014 Nemetschek Group Company Presentation July 2014 Agenda Nemetschek Group: In brief Strategy Internationalization Industry mega trends Innovations Financial data Q1 2014 Nemetschek share Why invest? 2 A

More information

APPENDIX 1 The Statement of Financial Position

APPENDIX 1 The Statement of Financial Position APPENDIX 1 The Statement of Financial Position 1. Assets: the resources of the organization which are used to provide service and generate value 2. Current assets: assets which can be converted to cash

More information