Earnings Release • May 16, 2012
Earnings Release
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Gordon Riske, CEO Harald Pinger, CFO Wiesbaden, May 16th, 2012
Agenda
3 Outlook Gordon Riske
This document has been prepared by KION GROUP GmbH (the "Company") solely for informational purposes. For the purposes of this notice, the presentation that follows shall mean and include the slides that follow, the oral presentation of the slides by the Company or any person on behalf of the Company, any question-and-answer session that follows the oral presentation, hard copies of this document and any materials distributed at, or in connection with the presentation (collectively, the "Presentation"). By attending the meeting at which the Presentation is made, or by reading the Presentation, you will be deemed to have (i) agreed to all of the following restrictions and made the following undertakings, and (ii) acknowledged that you understand the legal and regulatory sanctions attached to the misuse, disclosure or improper circulation of the Presentation.
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| 1 | Highlights & Achievements Q1 2012 Gordon Riske |
||
|---|---|---|---|
| 2 | Update Financials Q1 2012 | Harald Pinger | |
| 3 | Outlook | Gordon Riske |
2 Adjusted for one-off items and PPA
| In € millions |
2008 | 2009 | 2010 | 2011 | Q1/12 |
|---|---|---|---|---|---|
| Revenue | 4,554 | 3,084 | 3,534 | 4,368 | 1,144 |
| EBITDA adj.2 | 709 | 311 | 462 | 665 | 176 |
| Margin | 15.6% | 10.1% | 13.1% | 15.2% | 15.4% |
| EBIT adj.2 | 358 | (29) | 139 | 365 | 101 |
| Margin | 7.9% | (0.9)% | 3.9% | 8.3% | 8.9% |
Order intake increases by 4.3 per cent compared with Q1 2011 to €1.207 billion
Revenue grows by 12.6 per cent year on year to €1.144 billion
Structural improvements made in recent years have consistently delivered margin improvements: EBIT[1] margin hits new record of 8.9 per cent
Market environment stabilising at a high level
Industrial trucks order intake by region (in k units)
1 Highlights & Achievements Q1 2012 Gordon Riske 2 Update Financials Q1 2012 Harald Pinger 3 Outlook Gordon Riske
| in €m | Q1/11 | Q1/12 | vs. Q1/11 in % |
LTM* |
|---|---|---|---|---|
| Order Intake | 1,157 | 1,207 | 4.3% | 4,732 |
| Revenue | 1,016 | 1,144 | 12.6% | 4,497 |
| EBITDA | 141 | 174 | 23.1% | 602 |
| Adjusted EBITDA | 149 | 176 | 18.3% | 692 |
| Margin | 14.6% | 15.4% | 15.4% | |
| EBIT | 60 | 91 | 51.2% | 244 |
| Adjusted EBIT | 75 | 101 | 35.9% | 391 |
| Margin | 7.3% | 8.9% | 8.7% | |
| Free Cash Flow | 46 | -74 | <-100% | 115 |
| TWC | 691 | 775 | 12.2% | |
| % of Revenue | 17.0% | 16.9% | ||
| Capital Expenditures | 22 | 25 | 14.4% | 136 |
| Headcount (FTE) incl. apprentices |
20,154 | 22,052 | 9.4% |
* Based on March 2012
2
Agenda
1 Highlights & Achievements Q1 2012 Gordon Riske 2 Update Financials Q1 2012 Harald Pinger 3 Outlook Gordon Riske
Further improvement in margins; market stable at high level
The KION Group got off to a highly encouraging start to the year in the first quarter of 2012.
Contact person for Investor Relations Silke Glitza-Stamberger Head of Investor Relations Phone +49 (0) 611.770-450 E-mail [email protected]
Contact person for Creditor Relations Maria Babilas Head of Treasury Phone +49 (0) 611.770-462 E-mail [email protected]
Contact person for Media Michael Hauger Head of Corporate Communications Phone +49 (0) 611.770-655 E-mail [email protected]
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