annual press conference · brand eyeglass lenses, slightly above market process for realigning...
TRANSCRIPT
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference
Prof. Dr. Michael Kaschke President & CEO
Thomas Spitzenpfeil Chief Financial Officer
Annual Press Conference
Stuttgart, 13 December 2017
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 2
Prof. Dr. Michael Kaschke President & CEO
Thomas Spitzenpfeil Chief Financial Officer
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 3
All figures in euros.
Order intake
5,625 m +12%
Revenue
5,348 m +10%
EBIT
770 m +155 million
Consolidated profit/loss
561 m +157 million
Employees
26,945 +6%
EVA
412 m +102 million
ZEISS Group Fiscal year 2016/17 at a glance
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 4
EMEA
1,637 m +3%*
Americas
1,316 m +3%*
APAC
1,270 m +15%*
Collaborations
1,125 m +27%
of which Germany
608 million +2%
* Like-for-like.
ZEISS Group Global revenue distribution
Revenue trend Direct business in emerging economies
995
2016/17
2015/16
1,181 m +20%*
2016/17
Just under 90 percent of revenue generated outside Germany
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 5
Measuring Technology benefited from the continued positive development of the global automotive markets
Microscopy stable thanks to good industrial business
1,466
2015/16 2016/17
1,538 m +5%
Revenue
Growing need for digitalization and Smart Production solutions
Increasing competitive pressure
Research & Quality Technology
Fiscal year 2016/17
Outlook
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 6
Market-shaping innovations developed jointly with customers and strong competitors countered
China, Southeast Asia and South Korea drive growth
1,290 1,427 m +11%
Revenue
Megatrends like demographic development and population growth provide crucial boost
Medical Technology
Fiscal year 2016/17
Outlook
2015/16 2016/17
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 7
Profitable growth worldwide with ZEISS brand eyeglass lenses, slightly above market
Process for realigning Camera Lenses and Sports Optics initiated 1,089
1,108 m +2%
Revenue
Strong development in emerging economies like China and Brazil
Strategic initiatives to adapt to market environment
Vision Care/Consumer Products
Fiscal year 2016/17
Outlook
2015/16 2016/17
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 8
Continued high demand for Deep Ultra Violet (DUV) lithography systems
Investments in future-oriented Extreme Ultra Violet (EUV) lithography continue to pay off 972 1,212 m
+25%
Revenue
Development boost by virtue of ASML investments in research and development
EUV volumes at DUV level
Semiconductor Manufacturing Technology
Fiscal year 2016/17
Outlook
2015/16 2016/17
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 9
Revenue and earnings grow Best year in the company’s history Asia continues to ensure dynamic growth
ZEISS Group Summary of fiscal year 2016/17
Success across all segments Entire portfolio contributes to positive result Excellent position in new growth markets
Implementation of ZEISS Agenda 2020 Customer sharply in focus Focus on innovation, investments and expansion
The customer in focus ZEISS Agenda 2020: Spotlight on customer success Success stories for greater customer orientation across all segments
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 10
10 percent of revenue for research and development
436
R&D expenditure
ZEISS Group
Fiscal year 2016/17
552 m +116 m
2015/16 2016/17
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 11
Investments raised to high level
154
2015/16 2016/17
183 m +29 m
Investments in property, plant and equipment
ZEISS Group
Fiscal year 2016/17
155
Investments in property, plant and equipment
Depreciations on property, plant and equipment
183
160
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 12
709
658 m −51 m
Free cash flow
ZEISS Group
EBITDA
615
2015/16
770 m +155 m
EBIT
2016/17 2015/16 2016/17
819
2015/16
985 m +166 m
2016/17
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 13
Liquidity strengthened through special effects of ASML’s stake in Carl Zeiss SMT and capital increase at Carl Zeiss Meditec AG
796
30 Sep 2016 30 Sep 2017
1,986 m +1,418 m
Gross and net liquidity
ZEISS Group
Fiscal year 2016/17
2,201
Gross liquidity
Net liquidity
568
Consistent cost management is the focus of the ZEISS Agenda 2020
Outlook
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 14
Sale of stake to ASML had a positive effect on company’s equity
Equity ratio almost doubled to 47 percent
1,416
30 Sep 2016 30 Sep 2017
3,429 m +142%
Equity
ZEISS Group
Fiscal year 2016/17
Solid financial base provides scope for driving further investments, expansions and acquisitions
Outlook
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference
Opportunities
Digitalization and networking in Smart Production and healthcare Further leveraging the potential of optics, optoelectronics and photonics
Forecast
Slight organic increase in revenue and a similar EBIT margin Focus on innovations, investments and expansion
Economy
Tailwinds thanks to global economic growth Fewer risk factors Pace of growth differs from one emerging economy to another
Measures
Increase our competitiveness Greater customer focus with the ZEISS Agenda 2020 Cater to the great need for digital and networked solutions
ZEISS Group Outlook for fiscal year 2017/18
15
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference 16
If you have any questions, please do not hesitate to contact us.
Jörg Nitschke Corporate Communications Phone: +49 (0)7364 20-3242 Email: [email protected]
13 December 2017 ZEISS Group, 2016/17 Annual Press Conference