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Viscom AG Investor Presentation 2017

Nov 14, 2017

468_ip_2017-11-14_3abec075-8eaa-4a79-9355-7440573c3c96.pdf

Investor Presentation

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Viscom AG – Financial results third quarter 2017

Disclaimer

This presentation is not directed to the investment goals or financial position of any specific individual person or legal person. Investors should obtain independent expert counsel regarding the question of an investment in shares of the Viscom AG and carry out an analysis of the particular situation themselves.

Although Viscom has endeavored to deliver reliable, complete and up-to-date information with this presentation, the company can accept no liability for the accuracy, completeness or topicality of this information.

Certain statements in this presentation which are based on information available at present are forward-looking statements or contain specific expectations for the future. Such statements, by their nature, are subject to risks and uncertainties. Circumstances such as the general economic development, future market conditions, changes in the capital markets and other circumstances can lead to significant deviation of the actual events or results.

The information in this presentation serves general informational purposes and is neither an offer nor part of an offer or any other request to acquire, subscribe to or sell securities issued by Viscom.

Incoming orders and order backlog according to regions

9M 2016 9M 2017
Incoming orders K€ 57,334 65,815 14.8%
thereof Europe K€ 37,600 39,422 4.8%
thereof Americas K€ 8,224 10,657 29.6%
thereof Asia K€ 11,510 15,736 36.7%
Order backlog K€ 18,375 19,365 5.4%

Group revenues

EBIT and EBIT-Margin

Segment information according to regions

* without consideration of consolidation differences in EBIT

Core indicators of consolidated income statement

9M 2016 9M 2017
K€ % to To K€ % to To
Group revenue 50,775 64,519
Total output (To)* 53,036 100.0% 67,586 100.0%
Cost of materials -19,568 -36.9% -25,435 -37.6%
Staff costs -18,575 -35.0% -20,699 -30.6%
EBIT (% to revenue) 4,110 8.1% 9,626 14.9%

*Total output = Group revenue + changes in finished goods and work in progress + other capitalised company-produced assets

Core indicators of balance sheet and cash flow statement

Consolidated balance sheet 31.12.2016
K€
30.09.2017
K€
Cash and cash equivalents 6,517 8,846
Current liabilities 12,047 11,133
Non-current liabilities 2,298 2,153
Interest-bearing liabilities 0 0
Total shareholders' equity 52,292 54,719
Consolidated cash flow statement 30.09.2016 30.09.2017
Cash flow from operating activities K€
-2,043
K€
7,961
Cash flow from investing activities -1,436 -1,330

Group key figures

Key figures on net assets, financial position and
results of operations
30.09.2016 30.09.2017
Return on investment (ROI)
Net profit for period / total assets
4.5% 10.3%
Return on sales
EBT / revenue
8.1% 14.9%
Return on capital employed (ROCE)
EBIT / (total assets - cash and cash equivalents - current
liabilities and provisions)
9.2% 20.0%
Equity ratio
Equity / total assets
79.4% 80.5%

The Viscom share

Listing Regulated market
(Prime Standard)
ISIN DE 000 7846867
Number of shares 9,020,000 pieces
Number of voting shares 8,885,060 pieces
Market capitalisation as of
30.09.2017 *
€ 276.37 million
Share price as of 29.09.2017 * € 30.64

*) all price data on the basis of XETRA daily closing prices

Objectives and Forecast

The electronics market and megatrends offer secure growth perspectives.

  • Autonomous driving vehicles
  • Electromobility
  • Miniaturization of electronic components
  • Further growth potential in global accounts
  • Winning evaluations always in focus
  • Positioning on Approved Vendor List (AVL)
  • Dividend policy: Payout rate of at least 50 % of result

Guidance 2017

Sales target: € 87 to € 92 million EBIT-Margin: 14 to 16 %

Thank you for your attention

Headquarters: Viscom AG Carl-Buderus-Str. 9 - 15 · 30455 Hanover Tel.: +49 511 94996-0 · Fax: +49 511 94996-900 [email protected] · www.viscom.com

Contact Investor Relations: Viscom AG, Anna Borkowski Carl-Buderus-Str. 9 – 15 · 30455 Hanover Tel.: +49 511 94996-861 · Fax: +49 511 94996-555 [email protected] · www.viscom.com

You will find our international subsidiaries and representatives in Europe, the USA and Asia under: www.viscom.com