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Charts on Q4 and FY 2017/18 Facts & Figures Ticker: TKA (Share) TKAMY (ADR ) November 2018
Charts on Q4 and FY 2017/18
Ticker: TKA (Share) TKAMY (ADR )
| November 2018 Despite sig. FX headwinds, robust demand at CapGoods, especially at ET
Group1: €11,631 mn; +3% (+6%)2 yoy
•CT: €1,972 mn; +2% (+ 6%)2; still robust growth at automotive, further improved conditions for construction equipment and heavy vehicles
vs. headwinds from FX and lower volumes bearings (for wind turbines)
•ET: €2,039 mn; +14% (+20%)2; demand driven by NI and Service in US; adverse FX; continued price pressure in NI in China
•IS: €2,365 mn; +1% (+3%)2; highest order intake since 6 years supported by large scale chemical plant in Hungary for MOL and strong demand at Mining
•MX: €3,587 mn; +2% (+4%)2; benefiting from higher warehousing shipments and favorable spot-price environment
•SE: €2,127 mn; -7% ( -6%)2; benefiting from volume and favorable spot -price environment; affected by low water levels at Rhine and WL TP Q4 figures
Burdened by operational expenses at CT and SE as well as market headwinds at ET
Group1: €275 mn; -45% yoy
•CT: €(71) mn; €(173) mn; risk provisions arising from quality issues ( Q4 >€100 mn), underperformance at Springs & Stabilizers, customer induced
slower ramp -up new plants in China
•ET: €224 mn; -14%; significantly impacted by continued raw material costs; adverse FX
•IS: €-31 mn; €(71) mn; lower sales, weaker margin mix on billed projects and partial underutilization
•MX: €81 mn; +22%; benefitting from favorable market conditions, performance programs and productivity gains
•SE: €101 mn; -48%; burdened by production losses due to low water levels at Rhine and negative effects due to WL TP (< €100 mn)
•Corporate: €(140) mn; +15%; faster than planned admin cost reduction; lower costs for transformation initiatives
Group1: €1,459mn; €124 mn yoy €330 mn in Q4 enhancing efficiency Group1: €(170) mn; €(115) mn yoy; incl. provisions for cartel proceedings at SE in Q4 Order Intake
FCF bef. M&A ‘impact’ Net income
1. Group without Steel Americas | 2. Adjusted for FX and portfolio effects 3
| November 2018 Order Intake Despite sig. FX headwinds CT with record, ET on high prior year level; Group1: €42,754 mn; +0% (+ 2%)2 yoy
•CT: €7,861 mn; +2% (+ 6%)2; still robust growth at automotive, further improved conditions for construction equipment and heavy vehicles vs.
lower volumes bearings
•ET: €7,853 mn; +0% (+5%)2; NI demand mainly from Americas; Europe and Korea slightly lower; China in number of NI steady
•IS: €5,188 mn; -20% ( -21%)2; all Business Units up yoy except Cement and Marine Systems with big tickets in prior year
•MX: €14,544 mn; +6% (+ 8%)2; benefiting from volume and favorable spot -price environment
•SE: €9,157 mn; +2% (+ 3%)2; benefiting from favorable spot -price environment FY figures
Below expectations due to FX, material costs inflation and one -time expenses in H2; Group1: €1,551 mn; -10% yoy
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