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Masterflex SE — Investor Presentation 2017
May 5, 2017
276_ip_2017-05-05_30d5dee4-ec50-425c-a20c-61d6ccc185f6.pdf
Investor Presentation
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At a glance
Technology leader for high-tech hoses and connection systems
- 1987 established in Germany/Ruhr region
- 13 sites in Europe, North & South America and Asia Award-winning leader in technology for hoses
- Sustainable good EBIT margin
- Since 2000 listed in the Prime Standard segment
- 42% freefloat, more than 58% with 6 major shareholders (thereof a good 5% to the Executive Board) First-time consolidation of APT in Q1/2017
Figures for Q1/2017
In der Medizin nicht
Klasse 6 gefertigt.
wegzudenken: Schläuche, mit
denen Kranke sicher versorgt
werden. Die medizinischen
Schläuche aus der Masterflex
Group werden nach strengsten
Regeln in Reinräumen bis zur
Financial Figures –Sales Trend
Financial Figures –Operational Results
Group EBIT & EBIT Margin
€ million
Financial Figures –Results
Our business model
The Market for Hoses
Total market volume: € 21 billion (Europe, Americas, Asia) Market for special hoses: € 2 billion Our long-term goal: € 200 million Our solutions: Durable connections for transport of gases, fluids and solids under special requirements Consultation driven sale and development work Standard products (big series) Hoses and Connecting Parts Customerdriven solutions for OEM Special applications, small batches
Data: ProdCom/Eurostat; own survey
Masterflex Group products –a one stop shop © Masterflex SE 8
Our extended product portfolio
| Brand | Product | Materials | Market Participants | ||
|---|---|---|---|---|---|
| PU, PVC, textiles |
Schauenburg, Norres, Merlett |
||||
| VMQ (silikone), CMS (Hypalon®) |
Hutchinson, MST, Flexfab |
||||
| PU, PVC, PA, PE |
Modenplast, Medi-Line, Raumedic |
||||
| PC ABS, PVC |
Borla, Promepla, diverse |
||||
| PU, PVC, metals |
Hi-tech Duravent, Flexaust, Kanaflex |
||||
| FEP, PFA, PTFE |
Optinova, Saint Gobain | ||||
| © Masterflex SE |
9 |
Our customer sectors
Our Growth Strategy
M & A in the hose business Growth combined with high profitability High-tech hoses & connection systems I N N O V A T I O N E N G L O B A L I S A T I O N
Outlook
Forecast for 2017
Growth of revenue between 6% and 10% (thus turnover: € 70.5 million - € 73.2 million)
EBIT margin above 10% (thus: EBIT more than € 7 million)
After Q1/207: outlook confirmed
Long term perspective
Market leader in all addressed markets
Growth also by further acquisitions
Consolidation on the market for hightech-hoses
Our Shareholders
Division of the capital of 9.8 million shares
- Free flow (41.5%)
- SVB GmbH & Co. KG/ Family Schmidt (18.2%)
- Stichting Administratiekantoor Monolith (13.1%)
- J.F. Müller & Sohn (11.9%)
- BBC GmbH/ Dr. Bastin, Becks (5.6%)
- Reinhart Zech/ Grondbach GmbH (5.4%)
- Families Bischoping (3.0%)
- Treasury shares (1.4%)
Annex
| Financial calendar 2017 |
|
|---|---|
| 27th March |
Financial Press Conference, Annual Report |
| 31th March |
DFVA Analysts conference |
| th 5 May |
Release for Q1/2017 |
| 27th June |
AGM, Gelsenkirchen |
| th 7 August |
Half Year Report 2017 |
| th 6 November |
Release for Q3/2017 |
| 27th 29th til November |
Deutsches Eigenkapitalforum |
| Contact – [email protected] |
|
| CFO | Mark Becks |
| IR | Dr. Annette Littmann |
The Masterflex Group
Organisation chart of the Group
Annex –Corporate Bodies of the Masterflex SE
Executive Board
Dr. Andreas Bastin CEO
Mark Becks CFO
Supervisory Board
Deputy Chairman
Member
Annex –Key figures in comparion y/o/y
| Financial year 2016 versus 2015 (in € k) | 31.12.2016 | 31.12.2015 | Change |
|---|---|---|---|
| Revenue | 66,486 | 64,112 | 3.7% |
| EBITDA | 8,811 | 7,672 | 14.8% |
| EBIT (operational) | 6,097 | 4,870 | 25.2% |
| EBIT (adjusted) | 5,897 | 21.1% | |
| EBT | 4,574 | 3,872 | 18.1% |
| Consolidated net income from continued business units | 3,418 | 2,252 | 51.8% |
| Consolidated net income from discontinued business units | -555 | -374 | -48.4% |
| Consolidated net income shareholder | 2,928 | 1,948 | 50.3% |
| Earnings per share (€) | |||
| from continued business units | 0.40 | 0.26 | 53.8% |
| from discontinued business units | -0.06 | -0.04 | -50.0% |
| from continued and discontinued business units | 0.34 | 0.22 | 54.5% |
| EBIT margin (%) | 9.2 | 7.6% | |
| Staff | 601 | 609 | -1.3% |
| Consolidated equity | 28,701 | 26,012 | 10.3% |
| Consolidated total assets | 60,412 | 54,484 | 10.9% |
| Consolidated equity ratio | 47.5% | 47.7% |
Annex –Disclaimer
This report contains forward-looking statements regarding future developments which are based on current assessments and planning of the management. Such forward-looking statements are characterised by words such as "expect", "would", "up to", "possible", "anticipate"and similar expressions. These statements are subject to risks and uncertainties. Should one of these factors of uncertainty or other imponderables occur or should the assumptions underlying the statements prove to be incorrect, the actual developments could differ significantly from the possible developments specified or implied in these statements. The Company does not intend to and assumes no obligation to update forward-looking statements on an ongoing basis, as these statements are based exclusively on the circumstances at the date of their publication.
Picture credits: All pictures © Masterflex SE except Slide 2 © Handelsblatt-Verlag, www.top-100
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