Investor Presentation • Nov 26, 2018
Investor Presentation
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since Jan. 1, 2017 appointed until Dec. 31, 2019
since Aug. 10, 2015 appointed until Aug. 9, 2022
| 2015 | CFO, First Sensor AG |
|---|---|
| 2012 | Vice President Group Controlling, EnBW Energie Baden-Württemberg AG |
| 2008 | CFO, Mercedes-Benz France SAS |
| 2006 | Director Corporate Controlling, DaimlerChrysler AG |
| 2005 | CFO, DaimlerChrylser Belgium/Luxembourg NV/SA |
| 2002 | Director Research and Technology, Daimler AG |
| 1999 | CEO, Temic Sprachverarbeitung GmbH |
| 1995 | Director Division Controlling, Telefunken Systemtechnik GmbH |
| 1992 | Expert Adviser Finance/Controlling, Deutsche Aerospace AG |
We are an expert for photonics, pressure & advanced electronics
SALES SHARE MEDICAL 20%
Diagnostics
Advanced driver assistance systems
We are a strategic partner for realizing a new idea of transportation
We improved sales revenues, profitability and financial strength
Devices in the nanometer range for new applications, e.g. ventilators for home use, are no longer merely visions of the future.
The trend towards partially and fully autonomous vehicles is possible only thanks to sensor-based driver assistance systems.
Our growth becomes more scalable and our profitability increases.
www.first-sensor.com | 24
www.first-sensor.com | 27
www.first-sensor.com | 28
| Top Initiatives | |
|---|---|
| T's & C's Harmonization |
|
| Harmonized Core Processes |
|
| OneERP |
Implemented at 4 sites, next 2 sites in 2019 |
| Lead Time, On-Time Delivery, Quality |
Ongoing project |
| Portfolio Optimization |
Continued project execution |
| Portfolio Consolidation |
Review of further product families |
| PRODUCTS | ||||||
|---|---|---|---|---|---|---|
| A products | B products | C products | ||||
| RS E M O T S U C |
ers m o |
11 % products |
8 % | 5 % | ||
| ust A c |
69 % customers |
6 % | > 1 % | |||
| ers m o |
6 % | 12 % | 17 % | |||
| ust B c |
12 % | 9 % | 1 % | |||
| ers m o |
> 1 % | 3 % | 38 % | |||
| ust C c |
> 1 % | > 1 % | 2 % |
| Top Measures | ||||||
|---|---|---|---|---|---|---|
| | Threshold order quantities for new products | |||||
| | Minimum order quantities for existing products |
|||||
| | Bundling of demand | |||||
| | Recommendation of product alternatives |
|||||
| | Last call options if necessary |
We concentrate on three growth drivers
We concentrate on three growth drivers
| Autonomous Levels |
Level 1 | Level 2 | Level 3 | Level 4 | Level 5 | |
|---|---|---|---|---|---|---|
| Assisted Driving |
Partly Automated |
Highly Automated |
Fully Automated |
Driverless | ||
| Functionality | Active Cruise Control (ACC) Lane departure warning system (LDWS) |
Lane Keep Assist (LKA) Park Assist (PA) |
Automatic Emergency Brake (AEB) Driver Monitoring (DM) Traffic Jam Assist (TJA) |
Autopilot on Highway (AP) |
Autopilot everywhere | |
| Sensors | + Ultrasonic Radar (long range) Front Camera |
+ Surround Camera |
+ + Radar (short range) Driver Camera LIDAR |
SENSOR Fusion | SENSOR Fusion |
| Radar | Cameras | ||||||
|---|---|---|---|---|---|---|---|
| Criteria | LiDAR (pulsed ToF) |
Short distance |
Long distance |
Ultra-sonic | Mono | Stereo | PMD |
| Max range (m) | 150 -250 |
55 - 100 |
150 - 200 |
2 - 4 |
40 - 60 (120 coarse) |
60 | 7 - 10 |
| Min range (m) | 1 | 0,25 - 1 |
1 | 0.25 | 0.3 | 0.3 | 0.3 – 0.8 |
| Precision (m) | 0.1 (newer: 0.04) |
0.25 – 0.75 |
0.3 – 3.75 |
Very good | 3 | 0.2 – 0.3 |
good |
| Velocity measurement | Indirectly via distance t1-t0 |
directly via Doppler effect | hardly | hardly | Indirect via dist. |
Indirect via dist. |
|
| Horizontal field of view |
30° - 180° |
55° Scan: 120° |
16°, Scan: 60° |
60° | 45° - 190° |
45° | 40 - 69° |
| Horizontal resolution | 0.01° - 1° |
10.5° | 3.5° | bad | < 0.1° - 0.3° |
< 0.1° |
0.2° |
| Vertical field of view |
3° - 16° |
3° - 13° |
3° - 13° |
30° | 45° | 45° | 40 - 56° |
| Vertical resolution |
0.8° - 1° |
4.5° | 4.5° | bad | < 0.1° | < 0.1° |
0.2° |
First Sensor is an important supplier for detectors in LiDAR systems
| 1 | 2 | 3 | 4 |
|---|---|---|---|
| 20+ years experience in APDs |
Customizing capability for die, package and modules in-house |
ISO TS 16949 certified production and testing |
Chip & packaging company |
| 5 | 6 | 7 | 8 |
| Lowest noise | Highest sensitivity for 905nm |
AEC-Q 101 qualified APD arrays |
Innovative roadmap |
With our APD we have captured a leading share for more than 10 years
We concentrate on three growth drivers
Besides LiDAR, cameras are irreplaceable for a safe surround view
| On Board Sensor Capability | LIDAR (Detection & ranging) |
Camera (Monitoring & classification) |
RADAR (Detection & ranging) |
V2X & Cellular* (Information) |
Map & Location (Information) |
||
|---|---|---|---|---|---|---|---|
| Detection | Traffic objects |
Car/Trucks | |||||
| Performance | Motorcycle | ||||||
| Bicycle | |||||||
| Pedestrian | |||||||
| Animal | |||||||
| Debris | |||||||
| Infrastructure | Road marking | ||||||
| traffic constraints | Traffic signs | ||||||
| Traffic lights | |||||||
| Path/Road | Curve | ||||||
| structure | Guard rails | ||||||
| Wall/Obstacle | Dynamic | Static | |||||
| 360° View |
|||||||
| Robustness | Rain/Snow | ||||||
| Fog | |||||||
| Night |
* Depends on coverage
| 1 | 2 | 3 | 4 |
|---|---|---|---|
| Long-standing camera experience |
Automotive network in new markets |
Specialist for harsh environment and low light applications |
Tailor maid solutions also possible in small scale production |
| 5 | 6 | 7 | 8 |
With our expertise we participate in the growing camera market
| Segments Customers |
LIDAR | Cameras | Camera Systems |
ADAS Systems Multiple Sensors Sensor Fusion |
|---|---|---|---|---|
| Car OEM & Tier 1 |
Components | Customized cameras |
||
| Commercial & Special vehicles OEM & Tier 1 |
Components, Subsystems and Manufacturing services |
Standard cameras, tailor made solutions |
Surround view, Mirror replacement, Blind spot detection |
Turn assist, Break assist, Platooning, Pedestrian recognition, Autonomous driving |
We concentrate on three growth drivers
We offer a broad range from ultra-low to high pressure sensors
Total sales in € million
Sales by region in %
This success is also reflected by our net profit and earnings per share
6000 Net profit for the period in € million Earnings per share (EUR)
0.55
Despite turbulences at stock exchanges our share is back on track
| Key facts* | |
|---|---|
| Market Cap: | € 189.5 m |
| Traded Stocks/Day: |
22,897 |
| 30 Day High: | €19.75 |
| 30 Day Low: | €14.00 |
| Index Ranking Free Float Market Capitalization: |
60 |
| Index Ranking Turnover: | 48 |
| * November 15, 2018 |
| When?* | What? |
|---|---|
| 10./11.01.2019 | Oddo BHF Forum 2019, Lyon |
| 19./20.02.2019 | Oddo BHF German Conference 2019, Frankfurt |
| 21.03.2019 | Annual Report 2018 & Press Conference, Berlin |
| 03.05.2019 | Annual General Meeting 2019, Berlin |
| 14.05.2019 | Interim Report Q1 2019 |
| 14./15.05.2019 | German Spring Conference 2019, Frankfurt |
| 14.08.2019 | 6M Financial Report 2019 |
| 14.11.2019 | Interim Report Q3 2019 |
*As we can not rule out the possibilities of delays, we recommend that you consult the latest set of dates at www.first-sensor.com.
This presentation contains forward-looking statements. This presentation does not represent any solicitation to purchase shares of First Sensor AG. Rather it is intended exclusively for information purposes with regard to possible future developments at the company. All future-oriented information in this presentation was produced on the basis of probability-based planning and represents statements regarding the future which cannot be guaranteed. Rounding differences may occur.
First Sensor AG, Investor Relations T +49 30 63 99 23 760 E [email protected]
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