half-year press conference 2017/18 – web call · 2020-07-23 · zeiss group, half -year press...

18 May 2018ZEISS Group, Half-Year Press Conference 2017/18

Prof. Dr. Michael Kaschke President & CEO

Thomas SpitzenpfeilChief Financial Officer

Half-Year Press Conference / Web Call18 May 2018 | Start: 9:00 a.m.

All documents available for download:www.zeiss.de/pressconference

18 May 2018ZEISS Group, Half-Year Press Conference 2017/18 2

Prof. Dr. Michael Kaschke President & CEO

Thomas SpitzenpfeilChief Financial Officer


All figures in euros.

Incoming orders

2,839M+3% (+8%*)

Revenue

2,773M+9% (+13%*)

EBIT

380M−4m (+37M*)

Consolidated profit/loss

254M+7M

Employees

28,273+8%

EVA

205M−2M

ZEISS Group First half of the fiscal year at a glance

*Like-for-like.


EMEA

837M+6%

Americas

613M+2%

APAC

646M+14%

Collaborations

678M+37%

of which Germany

300M−1%

All percentages calculated on a like-for-like basis.

ZEISS Group Global revenue distribution

Revenue trenddirect businessin emerging economies

549

1st six months of 2017/18

1st six monthsof 2016/17

601M+17%


Around 90 percent of revenue generated outside Germany


High demand from the automobile industry, pioneer of high-tech Smart Production solutions

Microscopy business under pressure

1,538

2nd HY

1st HY

795

743

737M−1% (+4%*)

Revenue

Expansion of Software and Digital portfolios – including acquistions

Microscopy with innovation offensive while maintaining cost discipline

Research & Quality Technology


Outlook

2017/182016/17

*Like-for-like.


In the harsh competitive arena, our innovative products have helped us gain market share

Asia in particular delivered stronggrowth

1,427

2nd HY

1st HY

745

682

2017/18

724M+6% (+13%*)

Revenue

Continued positive development despite negative currency effects

Medical Technology


Outlook

2016/17

*Like-for-like. Not identical to Carl Zeiss Meditec AG.


Profitable growth of opthalmology with market-shaping innovations

Camera lens business under pressure

1,108

2nd HY

1st HY

538M−3% (+3%*)

Revenue

Ophthalmology will see increased revenue and earnings in spite of exchange rate weakness

Strategic and operational realignmentof the consumer business is being pursued further

Vision Care/Consumer Products


Outlook

555

553

2017/182016/17

*Like-for-like.


Capacity expansions at semiconductor fabs – high demand for Deep Ultra Violet (DUV) lithography systems

Order volume for future-oriented Extreme Ultra Violet (EUV) lithography rose

1,212

2nd HY

1st HY

732M+35% (+36%*)

Revenue

High number of incoming orders leads us to expect stable business in the second half of the year

Semiconductor Manufacturing Technology


Outlook

671

541

2017/182016/17

*Like-for-like.


Forecast met

Stabile to positive across all key performance indicators

Currency scenario puts strain on profits

ZEISS Group Summary of first half of fiscal year

BalancedPortfolio

Semiconductor Manufacturing Technology, Industrial Metrology and Medical Technology contributeto growth

Portfolio makes ZEISS strong and robust

GoodPosition

Incoming orders intake at record high

Successful in new growth markets

Employee growth provides greater innovative power

Growth thanks tohigh technologies

Aspiration to become a technological leader in the field of optics and optoelectronics

ZEISS Agenda 2020 asa compass


R&D expenditure increased to 11 percent of revenue552

2nd HY

1st HY

298M+51M

R&D expenditure

ZEISS Group


305

247

2017/182016/17


Investments considerably increased183

2nd HY

1st HY

2016/17 2017/18

115M+40M

Investments in property,plant and equipment

ZEISS Group


108

75

160

84

76115

77

Investmentsin property, plantand equipment

Depreciationson property, plantand equipment


658

2nd HY

1st HY

2016/17 2017/18

349M+85M

Free cash flow

ZEISS Group

394

264

770

2nd HY

1st HY

2016/17

380M−4M

EBIT

386

384

2017/18

EBITDA

2016/17

484M±0M

2017/18

985

2nd HY

1st HY

501

484


Positive free cash flow leads to increased net liquidity despite acquisitions and dividends

2,201

30 September 2017

31 March 2018

2,036M+50M

Gross and net liquidity

ZEISS Group


2,249

Gross liquidity

Net liquidity

1,986 2,036

Financial freedom for future development

Outlook


Equity ratio at 47 percent3,429

3,549M+3%

Equity

ZEISS Group


3,549

Targeted investments, expansions and acquisitions

Outlook

30 September 2017

31 March 2018


Opportunities

Cater to the great need for digital and networked solutions

Focus on innovation,investments and expansion

Forecast

Continued profitable growth

Comparatively high organic increase in revenue and a similar EBIT margin adjusted for special effects

Economy

Positive, moderate growth on the whole

Growth impetus from emerging economies

Economic uncertainty due to protectionism and global punitive damages

Measures

Optimize strategies, processes and organizational structures in order to further digitalization

Increase in profitability

Greater customer focus with the ZEISS Agenda 2020

ZEISS Group Outlook for second half of fiscal year

15


If you have any questions, please do not hesitate to contact us.

Jörg NitschkeCorporate Brand & CommunicationPhone: +49 7364 20-3242Email: [email protected]

16

All documents available for download:www.zeiss.de/pressconference

half-year press conference 2017/18 – web call · 2020-07-23 · zeiss group, half -year press...

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