Investor Relations Presentation March 2019
UniCredit - Kepler Cheuvreux: 18th German Corporate Conference, Frankfurt, January 22, 2019
Commerzbank: German Investment Seminar 2019, New York, January 14 - 16, 2019
Investor & Analyst Conference Call on New Five-Year Plan
Key Figures
| €m | 2017 | 2016 | Changes |
| Financial Performance | |||
| Sales revenue | 860.1 | 769.8 | 11.7% |
| thereof outside Germany | 74% | 73% | - |
| thereof in Germany | 26% | 27% | - |
EBITDA before non-recurring charges1) | 90.7 | 69.9 | 29.8% |
| Operating profit/loss (EBIT) before non-recurring charges1) | 40.1 | 20.7 | 93.7% |
| Result from continuing operations before income taxes | -7.8 | -27.2 | 71.3% |
| Consolidated net result (attributable to the shareholders of the parent company) | 138.9 | -111.7 | >100% |
| Return on sales (EBIT-margin)2) | 4.7% | 2.7% | |
| Return on capital employed (ROCE EBITDA)3) | 10.5% | 8.4% | |
| Earnings per share, basic (in €) | 1.14 | -1.19 | >100% |
| Net assets | |||
| Equity attributable to the shareholders of the parent company | 457.0 | 331.8 | 37.7% |
| Total assets | 1,541.7 | 1,899.2 | -18.8% |
| Net financial debt | 139.0 | 449.4 | -69.1% |
| Equity ratio4) | 29.6% | 17.5% | |
| Gearing5) | 0.30 | 1.35 | -77.5% |
| Headcount6) | 4,193 | 5,384 | -22.1% |
| Financial position | |||
| Payments to purchase intangible assets and property, plant and equipment | 52.9 | 34.6 | -52.9% |
| Depreciation/amortization expense | 50.6 | 49.2 | 2.8% |
| Working Capital | 318.5 | 254.2 | 25.3% |
| Free cash flow7) | -144.7 | -48.1 | >-100% |
Key Figures for the Business Areas
Composites - Fibers & Materials (CFM)
| Key Figures | Unit | 2017 | 2016 | Changes |
| Sales Revenue | €m | 331.9 | 317.4 | 4.6% |
| EBITDA before non-recurring charges1) | €m | 44.2 | 41.3 | 7.0% |
| Operating profit/loss (EBIT) before non-recurring charges1) | €m | 22.7 | 20.1 | 12.9% |
| Operating profit/loss (EBIT)1) | €m | 23.1 | 31.8 | -27.4% |
| Return on sales (EBIT-margin)2) | % | 6.8% | 6.3% | - |
| Payments to purchase intangible assets and property, plant and equipment | €m | 11.7 | 10.8 | 8.3% |
| Cash generation1) 3) | €m | 0.7 | 13.3 | -94.7% |
| Depreciation/amortization expense | €m | 21.5 | 21.2 | 1.4% |
| Return on capital employed (ROCE EBITDA)1) 4) | % | 11.3 | 10.9 | +0.4%-points |
| Headcount (year end) | 1,404 | 1,183 | 18.7% |
Graphite Materials & Systems (GMS)
| Key Figures | Unit | 2017 | 2016 | Changes |
| Sales revenue | €m | 510.2 | 444.1 | 14.9% |
| EBITDA before non-recurring charges1) | €m | 70.8 | 49.8 | 42.2% |
| Operating profit/loss (EBIT) before non-recurring charges1) | €m | 47.8 | 27.8 | 71.9% |
| Operating profit/loss (EBIT) | €m | 50.1 | 26.2 | 91.2% |
| Return on sales (EBIT-margin)2) | % | 9.4% | 6.3% | - |
| Payments to purchase intangible assets and property, plant and equipment | €m | 29.1 | 15.0 | 94.0% |
| Cash generation1) 3) | €m | 26.1 | 39.0 | -33.1% |
| Depreciation/amortization expense | €m | 23.0 | 22.0 | 4.5% |
| Return on capital employed (ROCE EBITDA)1) 4) | % | 18.0% | 12.7% | - |
| Headcount (year end) | 2,558 | 2,496 | 2.5% |
Corporate
| Key Figures | Unit | 2017 | 2016 | Changes |
| Sales revenue | €m | 18.0 | 8.3 | >100% |
| EBITDA before non-recurring charges1) | €m | -24.3 | -21.2 | -14.6% |
| Operating profit/loss (EBIT) before non-recurring charges1) | €m | -30.4 | -27.2 | -11.8% |
| Operating profit/loss (EBIT) | €m | -24.2 | -34.3 | 29.4% |
| Headcount (year end) | 231 | 263 | -12.2% |
1) Non-recurring effects of €6.2 million and minus €7.1 million in 2017 and 2016, respectively
