Half-Year Press Conference / Web Call 18 May 2018 | Start: 9:00 a.m. - - PowerPoint PPT Presentation
Half-Year Press Conference / Web Call 18 May 2018 | Start: 9:00 a.m. All documents available for download: www.zeiss.de/pressconference Prof. Dr. Michael Kaschke Thomas Spitzenpfeil Chief Financial Officer President & CEO ZEISS Group,
18 May 2018 ZEISS Group, Half-Year Press Conference 2017/18
President & CEO Thomas Spitzenpfeil Chief Financial Officer
18 May 2018 | Start: 9:00 a.m.
All documents available for download: www.zeiss.de/pressconference
18 May 2018 ZEISS Group, Half-Year Press Conference 2017/18 2
President & CEO Thomas Spitzenpfeil Chief Financial Officer
18 May 2018 ZEISS Group, Half-Year Press Conference 2017/18 3
All figures in euros.
Incoming orders
+3% (+8%*)
Revenue
+9% (+13%*)
EBIT
−4m (+37M*)
Consolidated profit/loss
+7M
Employees
+8%
EVA
−2M
ZEISS Group
First half of the fiscal year at a glance
*Like-for-like.
18 May 2018 ZEISS Group, Half-Year Press Conference 2017/18 4
EMEA
+6%
Americas
+2% APAC
+14% Collaborations
+37%
−1%
All percentages calculated on a like-for-like basis.
ZEISS Group Global revenue distribution
Revenue trend direct business in emerging economies
549 1st six months
1st six months
+17%
1st six months of 2017/18 Around 90 percent of revenue generated outside Germany
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High demand from the automobile industry, pioneer of high-tech Smart Production solutions Microscopy business under pressure
1,538
2nd HY 1st HY 795 743
−1% (+4%*)
Revenue Expansion of Software and Digital portfolios – including acquistions Microscopy with innovation offensive while maintaining cost discipline
Research & Quality Technology
1st six months of 2017/18 Outlook 2017/18 2016/17
*Like-for-like.
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In the harsh competitive arena, our innovative products have helped us gain market share Asia in particular delivered strong growth
1,427
2nd HY 1st HY 745 682
2017/18
+6% (+13%*)
Revenue Continued positive development despite negative currency effects
Medical Technology
1st six months of 2017/18 Outlook 2016/17
*Like-for-like. Not identical to Carl Zeiss Meditec AG.
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Profitable growth of opthalmology with market-shaping innovations Camera lens business under pressure
1,108
2nd HY 1st HY
−3% (+3%*)
Revenue Ophthalmology will see increased revenue and earnings in spite of exchange rate weakness Strategic and operational realignment
pursued further
Vision Care/Consumer Products
1st six months of 2017/18 Outlook
555 553
2017/18 2016/17
*Like-for-like.
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Capacity expansions at semiconductor fabs – high demand for Deep Ultra Violet (DUV) lithography systems Order volume for future-oriented Extreme Ultra Violet (EUV) lithography rose
1,212
2nd HY 1st HY
+35% (+36%*)
Revenue High number of incoming orders leads us to expect stable business in the second half of the year
Semiconductor Manufacturing Technology
1st six months of 2017/18 Outlook
671 541
2017/18 2016/17
*Like-for-like.
18 May 2018 ZEISS Group, Half-Year Press Conference 2017/18 9
Forecast met
Stabile to positive across all key performance indicators Currency scenario puts strain on profits
ZEISS Group Summary of first half of fiscal year
Balanced Portfolio
Semiconductor Manufacturing Technology, Industrial Metrology and Medical Technology contribute to growth Portfolio makes ZEISS strong and robust
Good Position
Incoming orders intake at record high Successful in new growth markets Employee growth provides greater innovative power
Growth thanks to high technologies
Aspiration to become a technological leader in the field of optics and
ZEISS Agenda 2020 as a compass
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R&D expenditure increased to 11 percent of revenue
552
2nd HY 1st HY
+51M
R&D expenditure
ZEISS Group
1st six months of 2017/18
305 247
2017/18 2016/17
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Investments considerably increased
183
2nd HY 1st HY
2016/17 2017/18
+40M
Investments in property, plant and equipment
ZEISS Group
1st six months of 2017/18
108 75
160
84 76 115 77
Investments in property, plant and equipment Depreciations
and equipment
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658
2nd HY 1st HY
2016/17 2017/18
+85M
Free cash flow
ZEISS Group
394 264
770
2nd HY 1st HY
2016/17
−4M
EBIT
386 384
2017/18 EBITDA 2016/17
±0M
2017/18
985
2nd HY 1st HY 501 484
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Positive free cash flow leads to increased net liquidity despite acquisitions and dividends
2,201 30 September 2017 31 March 2018
+50M
Gross and net liquidity
ZEISS Group
1st six months of 2017/18
2,249
Gross liquidity Net liquidity
1,986 2,036
Financial freedom for future development Outlook
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Equity ratio at 47 percent
3,429
+3%
Equity
ZEISS Group
1st six months of 2017/18
3,549
Targeted investments, expansions and acquisitions Outlook
30 September 2017 31 March 2018
18 May 2018 ZEISS Group, Half-Year Press Conference 2017/18
Opportunities
Cater to the great need for digital and networked solutions Focus on innovation, investments and expansion
Forecast
Continued profitable growth Comparatively high
revenue and a similar EBIT margin adjusted for special effects
Economy
Positive, moderate growth
Growth impetus from emerging economies Economic uncertainty due to protectionism and global punitive damages
Measures
Optimize strategies, processes and
in order to further digitalization Increase in profitability Greater customer focus with the ZEISS Agenda 2020
ZEISS Group Outlook for second half of fiscal year
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18 May 2018 ZEISS Group, Half-Year Press Conference 2017/18
If you have any questions, please do not hesitate to contact us.
Jörg Nitschke Corporate Brand & Communication Phone: +49 7364 20-3242 Email: joerg.nitschke@zeiss.com
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All documents available for download: www.zeiss.de/pressconference
18 May 2018 ZEISS Group, Half-Year Press Conference 2017/18