Earnings Release • Aug 8, 2013
Earnings Release
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Conference Call Interim Report as of June 30, 2013
60 Years of Passion for Logistics
Dr. Volker Hues, CFO August 8, 2013
in terms of units; compared to 6/2012
Source: WITS 6/2013.
Furthermore: reclassifications to increase transparency
Interest income and interest expenses associated with finance lease customer contracts (Financial Services segment)
in million €
Half of the rise was driven by growth in after-sales services
in units
in units
Production
Year-on-year drop in production markedly reduced (after -17% in Q1 2013)
in million €
Interest income on finance lease customer contracts is included in net sales from 2013 onwards (effect in Q2 2012: +€11 million)
*After the reclassification of interest income on finance lease customer contracts.
*Adjusted due to the first-time adoption of the revised version of IAS 19 and various changes in the disclosure of interest income and interest expenses (affects finance lease customer contracts, the net pension obligation and non-current provisions for personnel, trucks for short term hire).
in million €
Focal points: energy efficiency of drive systems, automation of material handling equipment & refinement of IC engine-powered counterbalanced trucks
Capital expenditures nearly 60% over prior year's level due to large-scale strategic projects for the expansion of spare parts logistics and production capacity
*After the reclassification of interest expenses.
in full-time equivalent (FTE)
2 therein 67 FTE from ISA
in thousands of units
Jungheinrich Group—Outlook for 2013
Net sales
Earnings before interest and taxes (EBIT)
Capital expenditures on tangible assets
1 2012 incoming orders: €2.3 billion, like-for-like basis net sales: €2.3 billion. 2 2012 like-for-like basis EBIT: €177 million.
In the order of last year's level1
In the order of last year's level1
Between €165 and €175 million2
Between €80 and €100 million
~ €45 million
Since developments cannot be foreseen, the actual business trend may deviate from the expectations—some of which are forward-looking—based on assumptions and estimates made by Jungheinrich company management. Factors that can lead to such deviations include changes in the economic, political, legal and business environment, exchange and interest rate fluctuations, unforeseeable consequences of the high national debt levels of individual countries, and the resulting political and economic changes. Jungheinrich assumes no obligation to update the forward-looking statements contained in this presentation.
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