we engineer the future - first sensor · investor presentation august, 2015. first sensor company...

WE ENGINEERTHE FUTUREINVESTOR PRESENTATIONAUGUST, 2015

FIRST SENSORCOMPANY PROFILE

First Sensor AG is one of the world's leading suppliers in the field of sensor systems. Our company develops and manufactures standardized and customized sensor solutions for applications in the Industrial, Medical and Mobility growth markets.

− established in Berlin in 1991, listed on the Frankfurt Stock Exchange since 1999

− 830 employees worldwide

− Headquarters in Berlin, Germany

− International development, production and sales locations

− 20,000 sqm manufacturing area, clean room class 100-100,000

− Quality management based on international standards

www.first-sensor.com 3

COMPANY PROFILEWe are a leading provider of sensor solutions.

− Product portfolio ranging from wafers and single sensor components tosensors and smart sensor systems

− Technological expertise to innovatively combine the properties of materialsand components in sophisticated processes

− Services in engineering, development and manufacture of electronic micro-systems

www.first-sensor.com 4

COMPANY PROFILEWe cover the entire value chain for sensor technologies.

www.first-sensor.com 5

COMPANY PROFILEWe focus on the markets Industrial, Medical and Mobility.

R E V E N U E 2 0 1 4 € 68.5 million

HEA D Q UA RT E RS Berlin

LO C AT I O N S 3

E M P LOY E ES 80

A P P L I C AT I O N S Industrial Process Control

Radiation and Security

Smart Buildings

Length Measurement

Aerospace

www.first-sensor.com 6

COMPANY PROFILEBusiness Unit Industrial at a glance

R E V E N U E 2 0 1 4 € 20.4 million

H EA D Q UA RT E RS Munich

LO C AT I O N S 2

E M P LOY E ES 60

A P P L I C AT I O N S Diagnostics

Medical Respiration

Medical Hydraulics

www.first-sensor.com 7

COMPANY PROFILEBusiness Unit Medical at a glance

R E V E N U E 2 0 1 4 € 35.2 million

H EA D Q UA RT E RS Dresden

LO C AT I O N S 1

E M P LOY E ES 100

A P P L I C AT I O N S Automobiles

Smart Cars

Utility Vehicles

www.first-sensor.com 8

COMPANY PROFILEBusiness Unit Mobility at a glance

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3.0 5.710.7 11.6 12.0

13.8 16.0

32.637.0 38.5

30.2

45.2

65.1

111.9108.5

124.0

132-134*

0

20

40

60

80

100

120

140

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

* Forecast by June 30, 2015

COMPANY PROFILEWe are clearly on a path of growth.

In € million

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90%

95%

100%

105%

110%

115%

120%

125%

130%

135%

COMPANY PROFILEShare price performance improves by 32,5 % since January 2, 2015; doubling in the last 6 years

Jan. 2, 2015 Feb. 2, 2015 Mar. 2, 2015 Apr. 2, 2015 May 2, 2015 Jun. 2, 2015 Jul. 2, 2015 Aug. 2, 2015

Last Price Jan. 2, 2015 € 9,40

Last Price Aug. 18, 2015 € 12,46

www.first-sensor.com 11

COMPANY PROFILEOverview of shareholder structure as of August 3, 2015

KEY FIGURES

We have successfully implemented a new strategic position and organizational structure in 2014. Our medium-term goal is to lead the market in the areas of automotive, industrial and medical applications.

124.0 MILLIONEURO

Sales revenuesIncrease of 14.2%

year-on-year.

13.5 MILLIONEURO

EBITDAImprovement of more than 17%.

139.3 MILLIONEURO

Incoming ordersIncrease of 14.7%.

49.7Equity ratio%Improvement of

1.4 percentage points.

FISCAL YEAR 2014 AT A GLANCE

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2014

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2014

2013

North America

Germany

Europe

Others

9 %5 %

43 %

41 %47% 43 %

4%8 %

2013

100% 2013 = € 108.5 Mio. 100% 2014 = € 124.0 Mio.

28 %

55 %

21 %

63 %16 %

17 %

Industrial

Medical

Mobility

SMART SENSORS DRIVE OUR BUSINESS Sales share 2014 by segment and region in %

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EBITDA IMPROVES BY MORE THAN 17%

6.7

13.4

11.6

13.5

0

2

4

6

8

10

12

14

16

2011 2012 2013 2014

Development of EBITDA in € million

EBITDA-margin9.4 %

EBITDA-margin11.2 % EBITDA-

margin10.6 %

EBITDA-margin10.8 %

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LOWER DEBT, HIGHER FREE CASH FLOWAchievement of investment grade

35.8

29.7

0

5

10

15

20

25

30

35

40

2013 2014

Net debt in € million

5.9

7.5

0

1

2

3

4

5

6

7

8

2013 2014

Free cash flow in € million

67.2 MILLIONEURO

Sales revenuesIncrease of

13.3%

7.6 MILLIONEURO

EBITDAImprovement of

11.8%.

98.7 MILLIONEURO

Orders on handIncrease of

14.2%.

www.first-sensor.com 17

FIRST SIX MONTHS 2015 AT A GLANCE

6M 2015

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6M 2015

FIRST SIX MONTHS 2015 AT A GLANCESales share by segment and region

6M 2014

North America

Germany

Europe

Others

6M 2014

100% 6M 2014 = € 59.3 Mio.100% 6M 2015 = € 67.2 Mio.

28 %

55%17%

5%

33%

39%49% 52%

4%

28%

56%16%

56 %

16 %

28 %

55 %

17 %

28 %

Industrial

Medical

Mobility

52 %

33 %

5 %

11 %

49 %

39 %

4 %9 %

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Q2 15: SALES INCREASED BY 11.8% YEAR-ON-YEARAll segments recorded double-digit growth rates

11,08%

5,60%

13,00%

10,70%

0%

2%

4%

6%

8%

10%

12%

14%

0,000

5,000

10,000

15,000

20,000

25,000

30,000

35,000

Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15

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INCOMING ORDERS: CONTINUOUS UPWARD TRENDBook-to-bill ratio of 1.28 in Q2 2015

1,12

0,90

1,60

1,28

0,000

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

50,000

Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14 Q3 14 Q4 14 Q1 15 Q2 15

1.70

1.50

1.30

1.10

0.90

0.70

0.50

0.30

0.10

- 0.10

www.first-sensor.com 21

ORDERS ON HAND OF MORE THAN €98 MILLION

75,741

98,693

00,000

20,000

40,000

60,000

80,000

100,000

Continuous growth in the past years

30.09.13 31.12.13 31.03.14 30.06.14 30.09.14 31.12.14 31.01.15 30.06.15

In € thousand

130 -134 MILLIONEURO

Sales revenues

GUIDANCE

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On the basis of solid first six months, a book-to-bill ratio > 1 and a full order book we are raising our forecast for 2015.

15 -17 MILLIONEURO

EBITDA

DisclaimerThis presentation contains forward-looking statements. This presentationdoes not represent any solicitation to purchase shares of First Sensor AG. Rather it is intended exclusively for information purposes with regard topossible future developments at the company. All future-oriented informationin this presentation was produced on the basis of probability-based planningand represents statements regarding the future which cannot be guaranteed.

THANK YOU

We engineer the future: Investor PresentationDr. Martin U. Schefter / Dr. Mathias GollwitzerAugust, 2015