KONTRON RESULTS PRESENTATION Q2/2016 July 26, 2016 1
KONTRON RESULTS PRESENTATION 01 02 03 FINANCIAL OVERVIEW DEVELOPMENT OF KEY PROFIT & LOSS Q2/2016 FINANCIALS FOR STATEMENT GLOBAL BUSINESS UNITS 04 05 06 07 CASH FLOW REVENUE AND COST OPERATIONAL UPDATE FISCAL YEAR 2016 STATEMENT MEASURES // 2
01 FINANCIAL OVERVIEW Q2/2016 Q2/2015 Q2/2016 In € m and % / rounded figures / *excl. impairment, OTEs, restructuring costs / *2 OPEX includes fixed asset impairment, One timer Revenue Gross Margin (rep.) Gross Profit (rep.) 108.5 27.0 24.9% -17.6 -10.1 -6.3PPT (-16.2%) (-37.5%) 90.9 16.9 18.6% OPEX* 2 Order Intake 28.1 100.1 +9.0 +4.5 +32.0% (+4.5%) 37.1 104.6 EBIT (adj.)* EBIT (rep.) -1.8 -4.4 -8.2 -75.5 -10.0 -79.9 // 3
02 DEVELOPMENT OF KEY FINANCIALS FOR GLOBAL BU S Q2/2016 In € m and % / rounded figures Order Intake Q2/2016 Q2/2015 Δ Industrial 47.9 51.5 -7.5 % Communication 20.8 20.3 2,0% Avionics/ Transportation/ 35.9 28.3 26,9 % Defense Total 104.6 100 . 1 4,5 % Revenues Q2/2016 Q2/2015 Δ Industrial 45.9 53.4 -14,0 % Communication 22.3 26.2 -14,9 % Avionics/ Transportation/ 22.7 28.9 -21,4 % Defense Total 90.9 108.5 -16,2 % // 4
03 PROFIT & LOSS STATEMENT Q2/2016 In € m and % / rounded figures Q2/2016 Q2/2015 Δ Order Intake 104.6 100.1 4.5 % Order Backlog 270.2 322.5 -16.2 % Revenues 90.9 108.5 -16.2 % Gross Margin 16.9 27.0 -37.4 % in % 18.6 % 24.9 % -6.3 ppt OPEX 37.1 28.1 +32.0 % EBIT (adjusted) -10.0 -1.8 -8.2 in % -11.0 % -1.7 % -9.3 ppt OTE/ Restructuring costs 3.0 2.6 +0.4 EBIT (reported) -79.9 -4.4 -75.5 in % -87.9 % -4.1 % -83.8 ppt Net Income (reported) -81.1 -6.4 -74.7 // 5
04 CASH FLOW STATEMENT Q2/2016 In € m Q2/2016 Q2/2015 Cash Flow from operating activities -8.8 -9.3 Cash Flow from investing activities -4.8 -9.0 Net Cash (Net Debt) 9.4 (-31.6) 6
05 REVENUE AND COST MEASURES Q2/2016 � REVENUE: � Intensified sales for Standard Products and Services � Optimization of resource allocation to customer projects � Continued software/IoT business development (as already announced) � COST: � Immediate cost avoidance and cost savings measures already in implementation � Defined cost savings program under review due to changes in the management board as announced on July 25, 2016 // 7
06 OPERATIONAL UPDATE Q2/2016 � STATUS QUO: STRATEGIC PARTNERSHIP WITH ENNOCONN / VOLUME TRANSFER � Production volume transfer is ongoing � Kontron expects the transfer to be completed in 2017 as planned � Positive net effect as of 2017 � Ongoing discussion with Ennoconn/Foxconn regarding incremental business // 8
07 FISCAL YEAR 2016 � The guidance for 2016 was withdrawn on July 15, 2016 � No quantitative guidance for the rest of the year � Revenues in H2 are expected to be similar like in H1 � Adjusted EBIT and gross margin are expected at the same level as H1 Possibilities start here // 9
DISCLAIMER This document contains certain statements that related to future business and financial performance and future events or developments in relation to Kontron AG that may constitute forward-looking statements and expectations. Such statements are based on the current expectations and certain assumptions of the management of Kontron AG, and are, therefore, subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond Kontron AG’s ability to control or estimate precisely, such as future market and economic conditions, the behavior of other market participants, the ability to successfully integrate acquired businesses and achieve anticipated synergies and the actions of government regulators. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this presentation. Kontron AG does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation. Kontron AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. Information about risks and uncertainties affecting Kontron AG is included throughout our most recent annual and quarterly reports which are available on the website: www.kontron.com. Due to rounding, numbers presented throughout this document may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. 10
THANK YOU FOR YOUR ATTENTION www.kontron.com // 11
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