Analyst Presentation - Q3 2018/19 January 17, 2018
HIGHLIGHTS Q3 2018/19 MARKET & OPERATIONS
HIGHLIGHTS FACC`s continuous growth path Financial summary Fina ry REVENUES 4% growth in revenues to EUR 589.2 mill. EUR 589.2 mill. Operating results increased by 5.3% to EUR 42.2 mill. Outlook for the fiscal year 2018/19 confirmed EBIT EUR 42.2 mill. Major Maj or pr prog ogram mi mile lestones in n Q3 2018/1 /19 – First delivery of the AIRBUS A320 Airspace cabin Order – AIRBUS A220 ramp up Backlog – Embraer E2 and COMAC C919 part testing & USD 6.5 bn qualification completed – Strategic partnership signed with Ehang for „Urban Air Mobility“
EHANG - STRATEGIC PARTNERSHIP Joi Joint De Development FACC engineering, certification and technology leadership in lightweight composite systems supports industrialisation of product. St Step by y St Step pen penetratio ion of of ma market Cargo vehicle delivery for oil platform support and other missions considered first. Certification for further use to follow with market readiness in 3-5 years. Mar Market pen penetratio ion Step by step increase of units built from 300 in 2021 up to > 1.000 p.a. before 2025
AEROSPACE MARKET SUMMARY Positive market trend confirmed by major customers > 1,608 aircraft delivered in calendar year 2018 > Airbus over fulfilled 2018 market expectations > Long term guidance confirmed by all OEMs > Boeing-Embraer merger in its final stage > EIS (entry into service) of the Bombardier Global 7500 business jet family
KEY FINANCIALS 1-9 2018/19
REVENUES 1-9 2018/19 Strong increase in overall revenues by 4.5% Interior division driving the business expansion GROUP REVENUES REVENUES BY BUSINESS SEGMENT in Mio. EUR in Mio. EUR 18,5 589,2 3,3 3,3 564,1 254,6 251,3 209,6 191,1 125,0 121,7 AEROSTRUCTURES ENGINES & NACELLES CABIN INTERIORS Revenues 1-9 Aerostructures Engines & Cabin Interiors Revenues 1-9 17/18 Nacelles 18/19 1-9 17/18 1-9 18/19
EBIT 1-9 2018/19 Positive EBIT contribution in Aerostructures due to higher NRC share Interior profit lower than last year due to new versions introduction GROUP EBIT EBIT BY BUSINESS SEGMENT in Mio. EUR in Mio. EUR 61,7 -21,6 -5,8 0,3 7,6 42,2 37,2 29,6 15,9 5,7 6,0 4,8 4,5 0,2 EBIT 1-9 One-Offs Aerostructures Engines & Cabin Interiors EBIT 1-9 AEROSTRUCTURES ENGINES & NACELLES CABIN INTERIORS 2017/18 Nacelles 2018/19 1-9 2017/18 One-offs 1-9 2018/19
CASHFLOW UND INVESTMENTS Solid cashflow generation from operations Investments on constant levels CASHFLOW DEVELOPMENT 1-9 2018/19 INVESTMENTS in Mio. EUR in Mio. EUR 40,6 -20,7 24,0 -16,5 20,9 20,7 -1,5 65,3 63,5 FREE CASHFLOW EUR 19,9 MILL. Cash and cash CF from CF from CF from FX Cash and cash 1-9 2016/17 1-9 2017/18 1-9 2018/19 equivalents at operating investing financing equivalents at the beginning activities activities activities the end of the of the period period
BALANCE SHEET RATIOS Equity ratio impacted by new accounting standard - IFRS 15 Net debt trend decreasing EQUITY AND EQUITY RATIO NET FINANCIAL DEBT in Mio. EUR in Mio. EUR 39% 44% 42% 197,0 189,4 325,6 186,8 294,2 269,7 1-9 2016/17 1-9 2017/18 1-9 2018/19 1-9 2016/17 1-9 2017/18 1-9 2018/19
OUTLOOK FISCAL YEAR 2018/19 Continuous growth and new programs Execution of phase two of the investment program Implementation of required capacity in production Automation and I4.0 initiatives Investments into new programs Financial targets Revenues: EUR 760 - 770 mill EBIT : EUR 52 - 55 mill. Gain new market shares in all business segments New materials and production technologies
SHARE INFORMATION 145 IR Contact 135 Manuel Taverne 125 Director Investor Relations 115 Tel.: +43/59/616-2819 105 Mobil: +43/664/80119 2819 95 e-mail: m.taverne@facc.com 85 75 65 55 FACC ATX
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