half-year press conference / web call · zeiss group, half-year press conference 2018/19 7 may 2019...

7 May 2019ZEISS Group, Half-Year Press Conference 2018/19

Prof. Dr. Michael Kaschke President & CEO

Dr. Christian MüllerChief Financial Officer

Half-Year Press Conference / Web Call7 May 2019 | Start: 9:00 a.m.

All documents available for download:www.zeiss.com/pressconference

*Image captured on 20 July 1969 with the ZEISS Biogon 5.6/60 wide-angle lens.

7 May 2019ZEISS Group, Half-Year Press Conference 2018/19 2

Prof. Dr. Michael Kaschke President & CEO

Dr. Christian MüllerChief Financial Officer


All figures in euros.

Incoming orders

3,161M+11%

Revenue

3,019M+9%

EBIT

443M+63M

Consolidated profit/loss

281M+27M

Employees

30,475+8%

EVA

238M+33M

ZEISS Group First half of fiscal year at a glance


EMEA

905M+9%

Americas

610M+1%

APAC

796M+16%

Collaborations

708M±0%

of which Germany

308M+5%

ZEISS Group Global revenue distribution

Revenue trendDirect businessin emerging economies

601

1st six months of 2018/19

1st six monthsof 2017/18

682M+13%


Around 90 percent of revenue isgenerated outside Germany


Sustained high demand for measuring technology in the automobile industry and technical services

Microscopy business achieves good growth contributions through product innovations

1,549

2nd HY

1st HY

812

737

820M+11%

Revenue

Metrology shows well-filled order books – GOM acquisition promises additional growth

Microscopy continues positive trend through product launches in light andX-ray microscopy

Industrial Quality & Research


Outlook

2018/192017/18


Further market share achieved through product innovations

Asian and European markets in particular contribute to strong growth

1,546

2nd HY

1st HY

822

724

2018/19

801M+11%

Revenue

Continued positive development

Medical Technology


Outlook

2017/18

Not identical to Carl Zeiss Meditec AG.


Growth in eye care in APAC, LATAM and EMEA well above market dynamics

Camera and cine lens business also makes growth contributions2nd HY

1st HY

593M+10%

Revenue

ZEISS brand essential for further increases in revenue and earnings

Further growth with new products

Consumer Markets


Outlook

568

538

2018/192017/18

1,106


Sustained high demand for Deep Ultra Violet (DUV) lithography systems

Revenue share of Extreme Ultra Violet (EUV) lithography continues to rise

1,531

2nd HY

1st HY

769M+5%

Revenue

Stable business in second half ofthe year

Further growth of EUV

Semiconductor Manufacturing Technology


Outlook

799

732

2018/192017/18


Expectationsexceeded

Dynamic growth above market and competition

Positive key performance indicators

ZEISS Group Summary of first half of fiscal year

Successfulinnovations

Aspiration asserted to become a technological leader in the field of optics and optoelectronics

Portfolio servesmegatrends

All segments contribute to strong growth

Future-proof portfolio makes ZEISS strong and resilient

Focus on future markets

Further growth in rapidly developing economies

Opening up of attractive new growth markets


Expenditure on research and development leads to greater resilience642

2nd HY

1st HY

322M+24M

R&D expenditure

ZEISS Group


344

298

2018/192017/18


ZEISS generates almost half of its revenue throughproducts that are less than three years old

New product rate

ZEISS Group


30 September 2018

31 March2019

42%36%


Investments remain at highest level244

2nd HY

1st HY

2017/18 2018/19

133M+18M

ZEISS Group


129

115

164

87

77

133

105Investmentsin property, plantand equipment

Depreciationson property, plantand equipment

Dublin, USA

Investments in property,plant and equipment


7522nd HY

1st HY

2017/18 2018/19

341M−8M

EBITDA

ZEISS Group

403

349

772

2nd HY

1st HY

2017/18

443M+63M

Free cash flow

392

380

2018/19

EBIT

2017/18

586M+102M

2018/19

1,014

2nd HY

1st HY

530

484


Sustained excellent liquidity position2,327

30 September 2018

31 March2019

2,071M−49M

Gross and net liquidity

ZEISS Group


Gross liquidity

Net liquidity

2,120 2,071

Sufficient financial freedom for future company development

Outlook

2.260


Equity ratio at 46 percent3,763

30 September 2018

31 March2019

3,879M+3%

Equity

ZEISS Group


3,879

Targeted investments, expansions and acquisitions

Outlook


Opportunities

Strong market position

Balanced portfolio driven by megatrends

Opening up of specific dynamic new markets

Further increase in innovative activities

Forecast

Sustained profitable growth with revenue considerably above EUR 6 billion

Maintenance of high EBIT margin vis-à-vis previous year

Economic forecast

Global weakening of economic growth

Economic uncertainty due to protectionism, sanctions and punitive damages

Measures

ZEISS Agenda 2020 helps ensure resilience to competitors as well as further solid and profitable growth

Increased productivity

ZEISS Group Outlook for second half of fiscal year

16


If you have any questions, please do not hesitate to contact us.

Jörg NitschkeCorporate Brand and CommunicationsPhone: +49 (0)7364 20-3242Email: [email protected]

All documents available for download:www.zeiss.com/pressconference

half-year press conference / web call · zeiss group, half-year press conference 2018/19 7 may 2019...

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