annual press conference · zeiss group, 2015/16 annual press conference 16 december 2016 5 emea...
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16 December 2016 ZEISS Group, 2015/16 Annual Press Conference
Prof. Dr. Michael Kaschke
President & Chief Executive Officer
Thomas Spitzenpfeil
Chief Financial Officer
Annual Press Conference
Stuttgart, 16 December 2016
16 December 2016 ZEISS Group, 2015/16 Annual Press Conference
Prof. Dr. Michael Kaschke President & Chief Executive Officer
Thomas Spitzenpfeil Chief Financial Officer
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16 December 2016 ZEISS Group, 2015/16 Annual Press Conference
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ZEISS Group
FISCAL YEAR 2015/16 AT A GLANCE
Opportunities
seized
Success in new
growth markets
For the first time,
incoming orders
exceeded the
5 billion euro mark
ZEISS exceeds
own expectations
Organic revenue
growth of 8%
Economic value
added (EVA) over
€300 million for
first time
Record revenue
and earnings
Implementation of
Agenda 2016 and
optimized
competitiveness lead
to best earnings in
company’s history
Success across all
segments
Entire portfolio
makes significant
contribution to
healthy earnings
Growth in direct
business, particularly
at Medical
Technology and
Industrial Metrology
16 December 2016 ZEISS Group, 2015/16 Annual Press Conference
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Incoming orders
5,019 M +8%
Revenue
4,881 M +8%
EBIT
615 M +246 M
Consolidated earnings
404 M +196 M
All figures in euros
Employees
25,433 +2%
ZEISS Group
FISCAL YEAR 2015/16 AT A GLANCE
EVA
310 M +195 M
16 December 2016 ZEISS Group, 2015/16 Annual Press Conference
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EMEA
1,611 M +5%
Americas
1,260 M +3%
APAC
1,123 M +17%
Collaborations
887 M +12 %
March
of which Germany
599 M +10 %
883
995 M +16%
2015/16 2014/15
REVENUE TREND OF DIRECT BUSINESS IN
EMERGING MARKETS
ZEISS Group
Revenue distribution
GLOBAL REVENUE TREND
FISCAL YEAR 2015/16
87 percent of revenue generated
outside Germany
Asia/Pacific achieves over
€1 billion as share of revenue for
the first time
995
16 December 2016 ZEISS Group, 2015/16 Annual Press Conference
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FISCAL YEAR 2015/16
Industrial Metrology benefits from strong
automotive market and Smart Production
Microscopy achieves turnaround and is back
on track to growth
1,356
1,466 M +8%
REVENUE
Research & Quality Technology
1,466
2014/15 2015/16
OUTLOOK
Expanding
digitalization and
Smart Production for
customer success
Further strength-
ening leadership in
optics and X-ray
technology
16 December 2016 ZEISS Group, 2015/16 Annual Press Conference
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FISCAL YEAR 2015/16
Asserting position on hard-fought market
Further strengthening leading market
position through innovations
REVENUE
Medical Technology
1,290 M +7%
Not identical to Carl Zeiss Meditec AG.
1,211 1,290
2014/15 2015/16
OUTLOOK
Megatrends
promote market
growth
Innovation driver for
optimized treatment
outcomes and
processes
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FISCAL YEAR 2015/16
Vision Care is growing globally thanks to
ZEISS eyeglasses and product innovations
Consumer Optics responds to high market
pressure with successful product launches
REVENUE
Vision Care/Consumer Products
1,089 M +8%
1,007
1,089
2014/15 2015/16
OUTLOOK
Sustained well-filled
product pipeline
Addressing the
consumer optics
market with
innovations and new
business models
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FISCAL YEAR 2015/16
Solid business with deep ultraviolet (DUV)
lithography systems
15 percent rise in incoming orders
REVENUE
Semiconductor Manufacturing Technology
972 M +9%
2014/15 2015/16
893
972
OUTLOOK
Advancement and
acceleration of
future-oriented EUV
technology through
further R&D
investments in
expanded ASML
partnership
16 December 2016 ZEISS Group, 2015/16 Annual Press Conference
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FISCAL YEAR 2015/16
Expenditure on research and development
maintains prior year’s high level
R&D EXPENDITURE
436 M Recognized in
income
statement*
ZEISS Group
473 485
2014/15 2015/16
* After deduction of subsidies and financing from third parties.
16 December 2016 ZEISS Group, 2015/16 Annual Press Conference
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FISCAL YEAR 2015/16
Investments remain at
high level
INVESTMENTS IN PROPERTY, PLANT AND
EQUIPMENT
154 M
Investments in property, plant
and equipment
Depreciations on property,
plant and equipment
150 160
2014/15 2015/16
ZEISS Group
155 154
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FREE CASH FLOW
709 M +232 M
2014/15 2015/16
477
EBIT
FISCAL YEAR 2015/16
Free cash flow
increase thanks
to better
operating result
ZEISS Group
OUTLOOK
Stronger focus
on profitable
growth and
competitiveness
615 M +246 M
2014/15 2015/16
369
709
615
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FISCAL YEAR 2015/16
Sound financial base with
financial leeway for the entire
Group
GROSS AND NET LIQUIDITY
568 M
30
September
2015
30
September
2016
Gross liquidity
Net liquidity
776
374
ZEISS Group
568
796
OUTLOOK
ZEISS is focusing sharply on
how to strategically
supplement the portfolio
through further investments
and acquisitions
16 December 2016 ZEISS Group, 2015/16 Annual Press Conference
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FISCAL YEAR 2015/16
Equity ratio at 25 percent
ZEISS Group
EQUITY AND PENSION PROVISIONS
1,719 M +16%
1,357
Equity
Pension
provisions
1,416 1,483
1,719
30
September
2015
30
September
2016
OUTLOOK
Further drops in interest rates
can lead to a further increase
in pension provisions
ASML’s minority stake will
have a positive effect on
ZEISS equity
16 December 2016 ZEISS Group, 2015/16 Annual Press Conference
ZEISS Group
Overall outlook for 2016/17
Opportunities
Need for innovative
solutions in:
• Digitalization and
Smart Production
• Health care
Forecast
Slight growth in
revenue
Comparable EBIT
margin
Options for
acquisitions and large
investments are
consistently pursued
Economy
Megatrends promote
business
development
Moderate global
economic growth
Pace of growth differs
from one emerging
economy to another
Measures
Increase in
competitiveness
Greater customer focus
with market-shaping
innovations
Reduced costs of
goods manufactured
and operational cost
structures
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16 December 2016 ZEISS Group, 2015/16 Annual Press Conference
Contact details
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]
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16 December 2016 ZEISS Group, 2015/16 Annual Press Conference