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

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

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

Transcription

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

2 AGENDA Speaker: Dr. Jürgen Zeschky, CEO 1. Highlights 2. Market update 3. Business performance 4. Financials 5. Outlook and guidance 6. Appendix 2

3 1. HIGHLIGHTS All major KPIs developing according to plan Order intake momentum still strong OI guidance raised to EUR 1.4 bn EUR 1.5 bn Strategy implementation on track Product development intensified IEC 3 WTG of Generation Delta will be launched soon ( leading light wind efficiency ) 3

4 2. MARKET UPDATE FORECAST AND HIGHLIGHTS Regional development (grid connections in GW) e +4% e e e Sources: GWEC; MAKE Consulting September 26, Americas e Asia-Pac. Europe RoW Market highlights Recent MAKE forecast downgraded but global WTG installations to grow with a mid-term CAGR of ~4% Demand in Northern European focus markets in line with or above global average Southern and Eastern Europe with difficult market dynamics but overall volume stable thanks to Turkey and France Americas: US market as main reason for global market decline in 2013 and increase in 2014; ambitious renewable targets set for LatAm (e.g. recent upgrade in Chile) Asian volume driven by China despite grid connection bottlenecks - Tier II markets slowly developing RoW: tender round 3 in South Africa resulted in >750 MW wind capacity (financial close due in summer 2014) Onshore WTGs account for ~90 % of the market potential 4

5 APAC Americas EMEA 2. MARKET UPDATE CURRENT NX DEVELOPMENTS Continuing demand for N117/2400 in EMEA core markets Installations of Generation Delta in Finland (CC version) First eleven WTGs installed in South Africa third tender round closed High production capacity utilization in nacelle assembly in Rostock Set up of partnership with TPI for NR 58.5 blades in Turkey on track Organizational adjustments in the US implemented Assembly of nacelles for remaining projects end of production and closure of the factory in Jonesboro planned for Q First WTGs in Uruguay installed Ongoing project development and sales activities in LatAm (esp. Uruguay, Chile, Honduras) and the USA Organizational adjustments in China implemented End of production and closure of the factory in Yinchuan Third Pakistan project converted into firm order intake (50 MW) Ongoing sales focus outside China (esp. Pakistan, Philippines, Vietnam, Thailand) 5

6 3. BUSINESS PERFORMANCE ALONG THE VALUE CHAIN Order backlog EUR 1,292 mn (+23 % vs. YE 2012; +76 % yoy) Sales target 2013 fully covered by existing backlog Installations 924 MW (+61 % yoy) already above FY 2012 (920 MW) Major markets in EMEA: Germany (169 MW), Turkey (132.5 MW) and UK (105 MW) Service Sales up 15 % (9m 2013: EUR mn vs 9m 2012 EUR 87.2 mn) Performance in line with budget (sales and EBIT) Global WTG availability >98 % Production Turbine production: 1,002 MW (+64 % yoy) Blade production: 165 MW (-15 % yoy) due to changeover to NR 58.5 blade type 6

7 3. BUSINESS PERFORMANCE R&D FOCUS REMAINS STRONG in EURmn R&D spending EUR p.a. Current R&D focus Successful launch of Generation Delta (IEC 1+2) in H Three test WTGs with different configurations installed, milestone certificates received Further WTGs installed in Finland (CC version): R&D incl. expenditure on tools to develop new products (NXT 8.2; NXT-GEN) will remain the major focus of CAPEX 7

8 3. BUSINESS PERFORMANCE LEADING LIGHT WIND EFFICIENCY IN GENERATION DELTA Product development for NXT 8.2 well on track New Generation Delta WTG for IEC3 sites Strengthen leading position in light wind Teaser campaign started official launch will follow soon 8

9 4. FIRM ORDER INTAKE Development of firm order intake 9m 2013 vs. 9m 2012 (in EUR mn) Order intake distribution 9m % APAC 9% Americas 12% 640 EMEA 79% 9m m 2013 Strong trend remains with a more steady order inflow compared to order intake in total EUR 1,186 mn (+85 % yoy) 79 % from EMEA main markets Germany, Turkey, Scandinavia, S.Africa Bestselling turbine N117/2400 with a share of >50 % 9

10 4. FIRM ORDER BACKLOG Development of firm order backlog 2012 Q (in EUR mn) +23% >1, Q YE 2012 Q YE 2013e Firm order backlog at EUR 1,292 mn ( : EUR 735 mn) Thereof >80 % EMEA but low exposure to Southern European countries affected by the debt crisis (<5% ) 10

11 4. INCOME STATEMENT In EUR mn 9m m 2012 in % Sales 1, Total revenues 1, Cost of materials (844.6) (576.0) 46.6 Gross profit Personnel costs (113.0) (103.6) 9.1 Other operating (expenses)/income (68.7) (45.7) 50.3 EBITDA >100 Depreciation (29.0) (22.8) 26.6 EBIT >100 Net financial result (20.2) (17.8) 13.5 EBT 10.8 (15.5) n.m. Tax (5.5) (0.1) (>100) Net Profit 5.3 (15.6) n.m. Sales increase of 47 % due to strong business in EMEA (share of 91 %) Improved EBIT due to higher efficiency - Increase in structural costs (+22 % yoy; without depreciation) well below sales increase, despite additional costs for new country organisations (RSA, UY) and increased activity level Profitable order backlog and full effect of lower cost of materials expected for

12 4. GROSS MARGIN DEVELOPMENT AND SELECTED KPIS Gross margin development Q FE2013e (in %) Development of selected KPIs yoy Headcount 0% Personnel costs +9% 17.4 Structural costs +22% Production Output +64% Installations +61% Q Q Q Q FY 2013e Steady gross margin improvement over the last four quarters full year target of 22.5 % Increase in nacelle production output and installed MW with a stable headcount and a disproportional lower increase in structural costs 12

13 4. INVENTORIES AND WORKING CAPITAL DEVELOPMENT Quarterly development of inventories (EUR mn) and working capital ratio (%) 2010 Q EUR mn W/C ratio in % % 400 Inventories in EUR mn % Q Q Q Q Q Improved working capital management resulted in a low working capital ratio of 11.2 % despite high business volume Inventories decreased by 10 % yoy despite higher level of production and installation 13

14 4. CASH FLOW STATEMENT In EUR mn 9m m 2012 Net result 5.3 (15.6) Cash flow from operating activities (58.1) (32.7) Cash flow from investing activities (46.8) (40.0) Cash flow from financing activities (25.7) (20.2) Change in liquidity from cash flows (130.6) (92.9) Liquidity beginning of period Other (5.6) 1.2 Liquidity end of period Higher cash outflow due to increased volume of projects in execution and run-up phase for large projects correction by further operational efficiency and cash inflow expected until the end of the year Investment focus on product development, upgrade of the German plants for the Generation Delta and NR 58.5 blade Higher cash outflow from financing activities due to a redemption payment (credit facility in China) 14

15 4. BALANCE SHEET In EUR mn 9m 2013 YE m 2013 YE 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 liabilities 1, ,066.1 Equity ratio slightly improved to 27.7 % ( : 26.2%) Net debt position at a low level of EUR 54 mn 1 Bond incl. accrued interest 15

16 5. SUMMARY AND GUIDANCE m 2013 fully in line with our recently upgraded guidance Order intake momentum still very strong in Nordex focus markets such as Germany, UK, Ireland and Turkey 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 improved operational excellence support the EBITmargin Guidance 2013 Upgrade Q Order Intake EUR bn EUR 1.4 bn 1.5 bn Sales EUR bn EBIT % Working capital ratio % 16

17 5. OUTLOOK AND TARGETS 2015 Nordex has almost reached its targeted top line level of EUR 1.5 bn and will grow further at a more moderate rate and with more emphasis on profitability Diversification of installations towards LatAm and APAC from ~5% to >20% Sales: Increased sales visibility due to high order backlog EBIT: Strategic measures (esp. CORE 15, operational excellence) with a positive impact on profitability CAPEX: R&D programme with a focus on NXT 8.2 and NXT-Gen ( Tech Boost ) Targets 2015 Sales >EUR 1.5 bn EBIT 5 % CAPEX EUR mn Free Cash flow positive 17

18 6. FINANCIAL CALENDAR 2013 / 2014 (PRELIMINARY) Date Event 14 November 2013 Interim report for the third quarter 2013; Analyst Call & November 2013 Roadshow Frankfurt, London, Paris 28 November 2013 HSBC Zurich Conference 18 March 2014 Publication of preliminary figures March 2014 Publication of the Annual Report 2013 including Press Conference 14 May 2014 Interim report for the first quarter 2014; Analyst Call 3 June 2014 Annual General Meeting 2014 in Rostock 13 August 2014 Interim report for the first half-year 2014; Analyst Call 13 November 2014 Interim report for the third quarter 2014; Analyst Call 18

19 6. SHAREHOLDER STRUCTURE OF NORDEX SE Skion/momentum capital 24.99% JPMorgan Chase 4.89% Free float 70.12% On the basis of mn shares, as of October,

20 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. 20

21 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 NDX1 ISIN: WKN: ISIN: WKN: DE000A0D6554 (share) A0D655 (share) XS (bond) A1H3DX (bond) 21

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

Nordex SE Conference Call H1 2013. Hamburg August 15, 2013 Nordex SE Conference Call H1 2013 Hamburg August 15, 2013 AGENDA 1. Highlights Dr. J. Zeschky 2. Market update Dr. J. Zeschky 3. Business performance Dr. J. Zeschky 4. Financials B. Schäferbarthold 5.

More information

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 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 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 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 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 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 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 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 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 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 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 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 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

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

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

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

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

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

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 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

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

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

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

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

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

Report on the nine-month period ended July 31, 2004 WKN: 330 410 ISIN: DE0003304101

Report on the nine-month period ended July 31, 2004 WKN: 330 410 ISIN: DE0003304101 GERRY WEBER International AG Report on the first nine months of 2003/2004 Report on the nine-month period ended July 31, 2004 WKN: 330 410 ISIN: DE0003304101 The GERRY WEBER share: While the stock market

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

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

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

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 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

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

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

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

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

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

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

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

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

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

Schaeffler Group at a glance

Schaeffler Group at a glance Facts and figures First quarter 2016 Schaeffler Group at a glance Key figures Income statement (in millions) 2016 2015 Change Revenue 3,343 3,339 0.1 % at constant currency 2.4 % EBIT 421 434-3.0 % in

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

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

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 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

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

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

First Half 2015 Results (January-June) Madrid, July 24 th 2015

First Half 2015 Results (January-June) Madrid, July 24 th 2015 First Half 2015 Results (January-June) Madrid, July 24 th 2015 Table of Contents 1. 1H 2015 Highlights 2. Backlog Execution 3. Update on Tulpar Transaction 4. Commercial Activity 5. Profit & Loss 6. Cash

More information

SHARPENING STRATEGIC FOCUS

SHARPENING STRATEGIC FOCUS SHARPENING STRATEGIC FOCUS RESULTS FIRST HALF-YEAR 2014 August 1, 2014 Disclaimer This document contains certain statements and expectations that are forward looking, and which are based on information

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

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

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

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

Interim management statement

Interim management statement Interim management statement 1st quarter of 2016 FIRST QUARTER AT A GLANCE DEUTZ Group: Overview DEUTZ Group: Segments New orders 327.3 321.0 Unit sales (units) 32,112 36,907 Revenue 300.2 318.1 EBITDA

More information

Disclaimer. This document has been prepared by Tele Columbus AG (the "Company") solely for informational purposes.

Disclaimer. This document has been prepared by Tele Columbus AG (the Company) solely for informational purposes. Disclaimer This document has been prepared by Tele Columbus AG (the "Company") solely for informational purposes. This presentation may contain forward-looking statements. These statements are based on

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

FINANCIAL REPORT H1 2014

FINANCIAL REPORT H1 2014 FINANCIAL REPORT H1 2014 HIGH SPEED BY PASSION 02_Key Figures 03_Group Status Report 05_Consolidated Financial Statements 10_Notes 11_Declaration of the Legal Representatives 02 PANKL KEY FIGURES EARNING

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

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

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

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

N O R M A G R O U P S E

N O R M A G R O U P S E NORMA GROUP SE Overview of Key Figures 2016 Q1 2016 Q1 2015 change in % Order situation Order book (31 Mar) EUR millions 284.7 300.0 5.1 Income statement Revenue EUR millions 226.6 221.5 2.3 Gross profit

More information

TO OUR SHAREHOLDERS DYNAMIC FIRST HALF YEAR

TO OUR SHAREHOLDERS DYNAMIC FIRST HALF YEAR HALF YEAR REPORT AS OF JUNE 30, 2015 TO OUR SHAREHOLDERS Patrik Heider, Spokesman of the Executive Board and CFOO The Nemetschek Group maintained its dynamic development from the first quarter of 2015

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

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

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

TO OUR SHAREHOLDERS PROFITABLE GROWTH COURSE INTERNATIONALIZATION FURTHER EXTENDED US MARKET IN FOCUS

TO OUR SHAREHOLDERS PROFITABLE GROWTH COURSE INTERNATIONALIZATION FURTHER EXTENDED US MARKET IN FOCUS QUARTERLY STATEMENT AS OF MARCH 31, 2015 TO OUR SHAREHOLDERS Patrik Heider, Spokesman of the Executive Board and CFOO The Nemetschek Group has made a dynamic start in the 2015 financial year and continues

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

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

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

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

ANALYST PRESENTATION Q2 2015/16

ANALYST PRESENTATION Q2 2015/16 ANALYST PRESENTATION Q2 2015/16 October 22, 2015 This document contains information which is proprietary to FACC or other companies. Any reproduction, disclosure or use of this information without FACC

More information

Grieg Seafood ASA Q3 2015. Andreas Kvame CEO. Atle Harald Sandtorv CFO. 6 November 2015. griegseafood.com

Grieg Seafood ASA Q3 2015. Andreas Kvame CEO. Atle Harald Sandtorv CFO. 6 November 2015. griegseafood.com Grieg Seafood ASA Q3 2015 Andreas Kvame CEO Atle Harald Sandtorv CFO 6 November 2015 1 Agenda Highlights Business Units (Regions) Financials Outlook 2 HIGHLIGHTS Q3 2015 3 Highlights Q3 2015 Operational

More information

telegate group: 6-months results 2010

telegate group: 6-months results 2010 telegate group: 6-months results 2010 Munich, August 3, 2010 Agenda The new telegate: Transformation towards local search provider Financials 6-months 2010 Business development & objectives 2 Transformation

More information

EBITDA, EBITDA margin, EBIT and EBIT margin

EBITDA, EBITDA margin, EBIT and EBIT margin Interim Group Report 0106/2016 Key financial performance indicators for the Lenzing Group will be described here in detail. For the most part, they are derived from the Lenzing Group s condensed consolidated

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

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

Eigenkapitalforum Company Presentation

Eigenkapitalforum Company Presentation Eigenkapitalforum Company Presentation Frankfurt, November 22rd 2011 www.envitec-biogas.de 1 Agenda I. Introduction II. Financials III. Renewable Energy Law 2012 IV. Forecast 2 2 EnviTec at a glance Company

More information

Group sales stable on a currency-neutral basis Results significantly impacted by negative currency effects adidas Group confirms full year guidance

Group sales stable on a currency-neutral basis Results significantly impacted by negative currency effects adidas Group confirms full year guidance For immediate release Herzogenaurach, May 6, 2014 First Quarter 2014 Results: Group sales stable on a currency-neutral basis Results significantly impacted by negative currency effects adidas Group confirms

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

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

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

Group 9-month report Bastei Lübbe AG 1 Apr - 31 Dec 2015

Group 9-month report Bastei Lübbe AG 1 Apr - 31 Dec 2015 Group 9-month report Bastei Lübbe AG 1 Apr - 31 Dec 2015 At a Glance Key figures (IFRS) 01/04/2015-2015 01/04/- Change in % Business development in million Group turnover 79.4 86.8-8.5 % EBITDA 14.0 11.5

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

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

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

THE WAY TO MAKE IT. Results 2013 and Outlook 2014. Agenda. 26 March 2014. Results 2013. Focus and outlook 2014 Discussion

THE WAY TO MAKE IT. Results 2013 and Outlook 2014. Agenda. 26 March 2014. Results 2013. Focus and outlook 2014 Discussion Results 2013 and Outlook 2014 26 March 2014 26 March 2014 / Results 2013 and Outlook 2014 / 1 Agenda Results 2013 Operational performance Financial performance Focus and outlook 2014 Discussion 26 March

More information

Aalberts Industries realises strong growth in revenue (15%) and earnings per share (24%)

Aalberts Industries realises strong growth in revenue (15%) and earnings per share (24%) date 23 February 2012 more information e-mail Jan Aalberts / John Eijgendaal info@aalberts.nl phone +31 (0)343 565 080 Press Release Aalberts Industries realises strong growth in revenue (15%) and earnings

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

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

OSRAM pushes on company transformation

OSRAM pushes on company transformation www.osram-licht.ag OSRAM pushes on company transformation Management Presentation (preliminary figures) OSRAM Licht AG July 29, 2014 Safe Harbor Statement This presentation may contain forward-looking

More information

For the year ended: 31 Mar 31 Mar (million ) 2011 2012 Change Net sales. 772.3 913.4 +18.3% Gross profit 637.0 755.5 +18.6%

For the year ended: 31 Mar 31 Mar (million ) 2011 2012 Change Net sales. 772.3 913.4 +18.3% Gross profit 637.0 755.5 +18.6% Results highlights For the year ended: 31 Mar 31 Mar (million ) 2011 2012 Change Net sales 772.3 913.4 +18.3% Gross profit 637.0 755.5 +18.6% % of Net sales 82.5% 82.7% +0.2 pp Operating profit 132.1 152.3

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

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

Investor Presentation. April 2014

Investor Presentation. April 2014 Investor Presentation April 2014 Safe Harbor Statement This document includes supplemental financial measures that are or may be non-gaap financial measures. These supplemental financial measures should

More information

GERRY WEBER International AG Report on the first three months of 2005/2006 Report on the three-month period ended January 31, 2006 ISIN: DE0003304101

GERRY WEBER International AG Report on the first three months of 2005/2006 Report on the three-month period ended January 31, 2006 ISIN: DE0003304101 GERRY WEBER International AG Report on the first three months of 2005/2006 Report on the three-month period ended January 31, 2006 ISIN: DE0003304101 The GERRY WEBER share Building on its excellent price

More information