STRATEC SE

Investor Presentation • Apr 26, 2016

Q1 2016 Financial Results

as of March 31, 2016

Conference Call April 26, 2016

Forward-looking statements involve risks.

This company presentation contains various statements concerning the future performance of STRATEC. These statements are based on both assumptions and estimates. Although we are convinced that these forwardlooking statements are realistic, we can provide no guarantee of this.

This is because our assumptions involve risks and uncertainties which could result in a substantial divergence between actual results and those expected.

It is not planned to update these forward-looking statements.

• 1. Overview of the first three months of 2016
• 1. Financials
• 1. Outlook & Focus in 2016
• 1. Q&A

Overview Q1 2016

• Important strategic decisions for STRATEC's future made
• Acquisition of Diatron
• Hematology
• Smaller instruments, modules
• Disposables & Consumables
• Financial guidance 2016 (organic): € 150 million to € 154 million
• Q1|2016: Sales of € 31.2 million (Q1|2015: € 34.5 million) - EBIT margin of 14.5% (Q1|2015 : 16.9%)
• Promising development projects & ongoing contract negotiations
• Dividend proposal at € 0.75 per share (previous year: € 0.70)

TRANSLATING VISIONS INTO SOLUTIONS

Quarterly Statement Q1|2016 Conference Call – April 26, 2016 ⁵

www.stratec.com

1. Overview of the first three months of 2016

2. Financials

• 1. Outlook & Focus in 2016
• 1. Q&A

FINANCIALS AT A GLANCE

Key figures after the first three months

(€ million)	March 31, 2016	March 31, 2015	Change
Sales	31.2	34.5	- 9.6%
EBIT	4.5	5.8	- 22.4%
EBIT margin (%)	14.5	16.9	- 240 bps
Consolidated net income	3.4	4.7	- 22.7%
Earnings per share (€)	0.29	0.40	- 28.1%

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SALES

3-Months Sales compared to Annual Sales

• Lower than expected instrument sales
• Stable sales from other activties
• Weakest quarter of the current fiscal year

Quarterly Statement Q1|2016 Conference Call – April 26, 2016

EBIT & EBIT MARGIN

As of March 31

• • EBIT margin at 14.5%
• Development expenditures on high level
• Service parts business on stable level
• Margin to improve in 2016

EARNINGS AFTER THREE MONTHS

* 2012 and 2014 adjusted by one-off non operational items

• Dividend proposal per share at € 0.75 (previous year : € 0.70)

• Q1 tax rate at 22.4% (previous year: 19.8%)

Quarterly Statement Q1|2016 Conference Call – April 26, 2016

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• 1. Overview of the first three months of 2016
• 1. Financials
• 1. Outlook & Focus in 2016
• 1. Q&A

FINANCIAL GUIDANCE

• Guidance to be updated with H1 results in July 2016
• Sales guidance for 2016: €150 million to €154 million
• Profitability in 2016 on a stable level
• Sales mid term guidance: 6% CAGR (2014 to 2017)

	Overview	Q1 2016		Financials			Outlook & Focus in 2016	Q&A

Focus in 2016

• Successful Integration of Diatron
• M&A Opportunities
• Implement development and manufacturing capacities
• Sign new projects

Business Development

• Product launches and ramp-ups
• Development projects
• Revenues from new business

Revenue Growth Profitability and Cash Flow

• Diatron: Integration cost, investments and synergy effects
• Efficiency improvements
• Continue to build up consumable business

• Reduction of working capital

• 1. Overview of the first three months of 2016
• 1. Financials
• 1. Outlook & Focus in 2016
• 1. Q&A

QUESTIONS & ANSWERS

STRATEC Biomedical AG Gewerbestr. 37 75217 Birkenfeld Germany Tel: +49 7082 7916-0 Fax: +49 7082 7916-999 www.stratec.com

Marcus Wolfinger Chairman, Board of Management m.wolfinger@stratec.com

TICKER
Symbol:	SBS.DE
Bloomberg:	SBS:GR
Reuters:	SBSG.DE
ISIN:	DE000STRA555
WKN:	STRA55

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