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Presentation on theme: "This document contains information which is proprietary to FACC or other companies. Any reproduction, disclosure or use of this information without FACC‘s."— Presentation transcript:

1 This document contains information which is proprietary to FACC or other companies. Any reproduction, disclosure or use of this information without FACC‘s prior written consent is expressly prohibited. Page 1 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 Österreichischer Kapitalmarkttag Hamburg, Mai 2016

2 Page 2 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 FACC at a glance FACC at a glance Market & Operations Update Financial Highlights 1 2 3

3 Page 3 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 FACC has pioneered the aerospace composite industry over the last 30 years Source: Company information Note: Bars represent FACC revenues; Financials as of February year end FISCHER SKI EXPLORES NEW APPLICATIONS OF COMPOSITES – FIRST AVIATION CONTRACT 1981 FACC CHANGES ITS CORPORATE STRUCTURE TO A JOINT-STOCK COMPANY (“AG”) 1999 1981 50% OF FACC IS SOLD TO AUSTRIAN SALINEN 1991 1989 FACC BECOMES AN INDEPENDENT COMPANY 2015+ GROWTH TO BE CONTINUED 1987 FACC BECOMES TIER I SUPPLIER FOR THE A380, B787 AND ARJ21 2000s FACC IS ACQUIRED BY AVIC GROUP TIER I SUPPLIER FOR THE A350XWB 2009 2010/11 2015/16E 547 585 272

4 Page 4 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 FACC Business Overview Three divisions focused on a defined product portfolio Aerostructures / ~ 50% of sales Engines & Nacelles /~ 20% of sales Interiors / ~ 30% of sales

5 Page 5 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 FACC Montreal (Canada) Mubadala (Abu Dhabi) FACC Wichita (US) TAML (India)ACM (Malaysia) Engineering International supply chain partners From Austria to the world Global engineering and production footprint to meet customers’ needs worldwide Manufacturing/Engineering FACC Slovakia (Slovakia) Fesher (China) BTC (China) FACC Germany (Germany) FACC India (India) FACC AG (Austria)

6 Page 6 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 FACC at a glance Market & Operations Update Financial Highlights 1 2 3

7 Page 7 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 FACC is strongly positioned to benefit from the OE „super cycle“…

8 Page 8 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 Utilization of composite technology in aerospace Weight, fuel efficiency and low production costs Use of composite materials as % of weight 1 Increased utilization of composite technology in aerospace due to its weight, fuel efficiency and low production costs characteristics B777 B767 B747 A320A330/340 A380 A350 A300/310 B787 B737 Source: Roland Berger 1 Year of entry in service of first version of aircraft Composite Aerostructures Market Size £mm CAGR 13–18E : 12.0%

9 Page 9 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 Long-Term Market Outlook Strong long-term growth 20 years forecast Airbus and Boeing predict strong growth for the next 20 years Average of 35,000 new airplanes 20 years forecast Airplane deliveries by region

10 Page 10 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 AEROSTRUCTURES Airbus 350XWBAirbus A330/340 Family Airbus A320 Family  Ram Air Inlets  Vertical Stabilizer Angles  A321 Outboard Flap  Sharklets  Aft Belly Fairing  Flap Track Fairings  Spoilers  Wingtips & Winglets  Spoilers  Composite Frames

11 Page 11 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 Boeing 747Boeing 737 Airbus A380  Flap Track Fairings  Flap Ribs  Bathtub Panels  Winglets & Split Winglets  Fixed Leading Edge Panels  Articulated Cove Panels  Upper Wing Panels  Horizontal Stabilizer Seal Door AEROSTRUCTURES

12 Page 12 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 Boeing B787Boeing B767/777 Boeing B757  Spoilers  Bonded Panels  Horizontal Stabilizer Panels  Winglets for retrofit market  Fixed Leading Edge Panels AEROSTRUCTURES

13 Page 13 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 INTERIORS Customer: Airbus Deutschland Components Airbus A320 Family Customers: Diehl Aircabin, Airbus Helicopter, Siemens SAS Components Customers: Diehl Aircabin, Mitsubishi Heavy Industries Components Airbus A350 XWB  Ceiling Panels  OSC  Cove Light Panels  Overhead Bins  Passenger Door Linings  Smoke Detector Panels  Overhead Stowage Compartments  Cargo Door Linings Airbus A380

14 Page 14 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 Customer: Bombardier Components Bombardier Challenger 300 Customer: Bombardier Components Bombardier Challenger 350  Cabin Linings  Cabinets  Baggage Compartment  Cabin Linings  Cabinets  Baggage Compartment Customer: Bombardier Components Bombardier Global 7000/8000  Mechanism INTERIORS

15 Page 15 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 Customer: Embraer Components Embraer Phenom 100 Customer: Embraer Components Customer: Embraer Components Embraer Phenom 300  Table Mechanism  Cockpit  Cabin Linings  Baggage Compartment  Cabin Linings  Cabinets  Cockpit Linings  Baggage compartment Embraer Legacy 450 / 500 INTERIORS

16 Page 16 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 Engines & Nacelles Airbus A380 Family  A380: Rear Secondary Structure  Trent/GP: Inlet Outer Barrel  GP7200: Spinner & LPC Fairing  Trent 900: var. Engine Components Airbus A350 XWB  Trent XWB: Translating Sleeve  Trent XWB: var. Engine Components Airbus Long Range A330 / 340  Trent 500: var. Engine Components  Trent 500: Blocker Doors & Ext Pnl  Trent 700: var. Engine Components

17 Page 17 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 Boeing 787  Trent / GENX: Translating Sleeve  Trent 1000: var. Engine Components Boeing 777  Trent 800: var. Engine Components Airbus A320 Family  CFM56-5A / -5B: Fan Cowls Engines & Nacelles

18 Page 18 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 FACC at a glance Market Update Financial Highlights 1 2 3

19 Page 19 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 HIGHLIGHTS – Q1-Q3 2015/16 FURTHER EARNINGS IMPROVEMET EBIT improved by +23 mill. EUR versus Q3 2014/15 12.2% SALES INCREASE 385.7 mill. EUR – Continuous strong RC sales USD 5.2 BN ORDER BACKLOG USD 5.2 BN ORDER BACKLOG Orders for new generation aircrafts

20 Page 20 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 SALES BRAKE-DOWN BY SEGMENT + 1 % + 28 % + 23 % Product revenues grew by 12,2 % in the first nine months of the business year. HIGHLIGHTS  12.2 % overall increase in production output  1% growth in Aerostructures  28% growth in Engine & Nacelle  23% growth in Interiors Growth drivers  Further A350 XWB ramp up  Increase of A321 rates benefiting FACC’s A321 product portfolio  New Business Jet Interiors at serial production rate HIGHLIGHTS  12.2 % overall increase in production output  1% growth in Aerostructures  28% growth in Engine & Nacelle  23% growth in Interiors Growth drivers  Further A350 XWB ramp up  Increase of A321 rates benefiting FACC’s A321 product portfolio  New Business Jet Interiors at serial production rate in EUR mill.

21 Page 21 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 INCOME STATEMENT In EUR mill. 2012/132013/142014/15Q1-Q3 2014/15Q1-Q3 2015/16 Revenue434.6547.4528.9 381.8427.8 Changes in inventories5.5-8.22.8 11.710.5 Own work capitalised4.59.818.8 12.114.6 Cost of materials-257.1-308.0-330.2 -247.8-274.9 Staff costs-110.5-142.6-162.3 -120.3-118.2 Other income/expenses-25.3-37.5-39.2 -30.7-27.1 Depreciation-17.2-18.0-23.3 -15.9-18.7 EBIT 1 34.741.9-4.5 -9.014.0 EBIT margin (in %) 8.07.7 - -3.3 Financial result-7.7-5.4-10.0 -3.1-5.6 EBT27.036.5-14.6 -17.58.5 Taxes-6.3-7.65.0 4.7 Periodic result20.828.9-9.6 -12.77.5 1) Earnings before interest. taxes and fair value measurement of derivative financial instruments

22 Page 22 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 BALANCE SHEET In EUR mill. Feb. 28. 2013Feb. 28. 2014Feb. 28. 2015 November 30. 2015 ASSETS Non-current assets217.7274.6334.9348.9 Current assets230.1294.7383.3411.8 Total assets447.8569.3718.2760.7 EQUITY & LIABILITIES Equity (incl. non- controlling interest) 198.5224.8314.9325.6 Non-current liabilities105.2238.4192.4239.7 Current liabilities144.1106.1210.9195.4 Total assets447.8569.3718.2760.7 Ratios Net debt (in EUR mill.)76.0150.7102.6179.4 Equity ratio (in %)44.339.543.842.8

23 Page 23 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 THANK YOU…

24 Page 24 137 91 93 180 151 149 103 173 147 165 218 208 100 100 100 200 200 200 56 129 139 155 229 227 IR-Information ISINAT00000FACC2 Official marketVienna Stock Exchange / prime-market Ticker symbolFACC ReutersFACC.VI BloombergFACC AV Shares outstanding45,790,000 Market capitalisationEUR 290.8 mill. Share Information January 21, 2016Q3 2015/16 May 25, 2016Full year results 2015/16 Financial Calendar 2015/16 IR Contact Shareholder Structure Manuel Taverne Director Investor Relations Phone: +43/59/616-2819,. Mobile: +43/664/80119 2819 e-mail: m.taverne@facc.com­


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