EARNINGS CALL RESULTS HY1 2021 - AUGUST 6, 2021 NICOLAS-FABIAN SCHWEIZER (CEO) PETER BOSENIUS (DIRECTOR FINANCE & CONTROLLING)
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EARNINGS CALL RESULTS HY1 2021 AUGUST 6, 2021 NICOLAS-FABIAN SCHWEIZER (CEO) PETER BOSENIUS (DIRECTOR FINANCE & CONTROLLING)
FINANCIALS HY1 2021IN MIO. EURO / GROWTH
RATE
Sales by Region
in million EUR
+30.9%
America
0.3 9%
5.1
+4,2% +3,7%
0.2 Asia Germany
16.8
-3,7% 47%
2.8 28%
Others
6.1
-18,6%
9.2 America
11.6
Europe (w/o
Asia Germany)
16%
Europe (w/o
Germany)
28.0
24.7 Germany
HY1 2020 HY1 2021
Aug 6, 2021 | SE-IR Circulation and publication subject to prior approval by SCHWEIZER Page 2FINANCIALS HY1 2021IN MIO. EURO / GROWTH
RATE
Sales by Customer Segment
in million EUR
3.5
12.2 Automotive
Others
6% 74%
4.7
9.8
Industry
Others 20%
Industry
Automotive
43.7
30.9
HY1 2020 HY1 2021
Aug 6, 2021 | SE-IR Circulation and publication subject to prior approval by SCHWEIZER Page 3FINANCIALS HY1 2021IN MIO. EURO / GROWTH
RATE
Revenues
in million Euro / Growth rate+30.9%
-2.0% +0.5% +12.3%
+16.5%
-25.0%
60.2 60.5 59.4
52.9
45.4
HY1 2019 HY2 2019 HY1 2020 HY2 2020 HY1 2021
Aug 6, 2021 | SE-IR Circulation and publication subject to prior approval by SCHWEIZER Page 4FINANCIALS HY1 2021
Order Intake Open Orders
IN MIO.Euro
in million EURO / GROWTH RATE in million EUR
95.9 155.4
143.0
126.7
109.2
63.1 96.0
44.6
30.3
15.3
HY1 2019 HY2 2019 HY1 2020 HY2 2020 HY1 2021 HY1 2019 HY2 2019 HY1 2020 HY2 2020 HY1 2021
Aug 6, 2021 | SE-IR Circulation and publication subject to prior approval by SCHWEIZER Page 5FINANCIALS HY1 2021
Income Statement
in million EUR
IN MIO. EURO / GROWTH RATE
HY1 2021 HY1 2020 Change
Revenues 59.4 45.4 +30.9%
Material Costs 37.3 25.5 +46.3%
Personnel Costs 23.3 19.7 +18.4%
Other Costs and Income 4.0 5.8 -2.1%
EBITDA -5.2 -5.6 +6.6%
Depreciation and 5.5 3.9 +40.6%
Amortisation
EBIT -10.7 -9.5 -12.7%
Aug 6, 2021 | SE-IR Circulation and publication subject to prior approval by SCHWEIZER Page 6FINANCIALS HY1 2021
Balance Structure
IN MIO. EURO / GROWTH RATE
in million EUR 30.06.2021 31.12.2020
13% 17% Equity Assets 194.8 196.7
Capital
Equity 24.7 34.3
Fixed
Assets Equity Ratio (%) 12.7 17.4
57% 60%
Long-term
Net Gearing (%) 269.5 180.8
58% borrowed
58% Capital
Current
Short-term
Assets 43% 40% borrowed
29% 25% Capital
Dec 2020
31.12.2020 Jun 2021 30.06.2021
30.06.2021 Jun 2021 31.12.2020
Dec 2020
Aug 6, 2021 | SE-IR Circulation and publication subject to prior approval by SCHWEIZER Page 7OUTLOOK
Target 2021 Target 2021
Actual 2020
(April 2021) (adjusted July 2021)
Sales / Growth Rate 98.3 mill. EUR / -18.6% +20% to +30% +20% to +30%
EBITDA Margin -9,7% 0% to -6% -5% to -10%
increasing
increasing according
Working Capital 18.4 mill. EUR according
to change in sales
to change in sales
Net Gearing 181% significant increase significant increase
Equity Ratio 17.4% 10% to 15% 10% to 15%
Aug 6, 2021 | SE-IR Circulation and Publication subject to prior approval by SCHWEIZER Page 8APPENDIX
EXECUTIVE BOARD Nicolas-Fabian Schweizer Chief Executive Officer Ass. Jur. Nicolas-Fabian Schweizer is member of the Board since April 2011 and appointed until June 2022. In charge of Technology R&D, Business Development, Operations & Quality, Human Resources, Legal and Media & Communications (PR). Marc Bunz Chief Financial Officer Dipl.Kfm. Marc Bunz is member of the Board since April 2010 and appointed until March 2023. In charge of Sales & Marketing, Operations & Quality, Finance & Controlling, Global Supply Chain, Information Technologies and Investor Relations. Aug 6, 2021 | SE-IR Circulation and publication subject to prior approval by SCHWEIZER Page 10
FINANCIAL CALENDAR IR CONTACT
Date Publication / Event
Elisabeth Trik
2021-08-06 Financial Report (half-year) Investor Relations
2021-11-05 Interim Report 3rd Quarter 2021 Schweizer Electronic AG
Einsteinstrasse 10
2022-06-24 Annual General Meeting
78713 Schramberg
Germany
Phone: +49 7422 512 302
Fax: +49 7422 512 777 302
e-mail: ir@schweizer.ag
Aug 6, 2021 | SE-IR Circulation and publication subject to prior approval by SCHWEIZER Page 11SAFE HARBOUR STATEMENT This communication contains forward-looking statements and information – that is statements about events that lie in the future, not the past. These forward-looking statements can be identified by formulations such as “expect”, “wish to”, “anticipate”, “propose”, “plan”, “believe”, “seek to”, “estimate”, “become” or similar terms. While such forward-looking statements represent our current expectations and particular assumptions, they are subject to various risks and uncertainties. A number of factors, many of which are outside the control of Schweizer, have an impact on Schweizer’s business activities, strategy and results. These factors could cause the actual results and performance of the Schweizer Group to differ materially from the information on results and performance made explicit or implied in these forward-looking statements. On our part these uncertainties arise in particular due to the following factors: Changes to the overall economic and business position (including margin developments in the major divisions), challenges posed by the integration of important acquisitions and the implementation of joint ventures and other major portfolio measures, changes to exchange and interest rates, the introduction of competing products or technologies by other companies, failure to find acceptance of new products and services among Schweizer’s target client groups, changes to the business strategy and various other factors. Should one or more of these risks or uncertainties be realised or it becomes apparent that the underlying assumptions were incorrect, this could cause the actual results to differ materially both in a positive and negative sense from the results referred to in forward-looking statements as expected, anticipated, proposed, planned, projected or estimated. Schweizer does not obligate itself and does not intend to revise or correct these forward-looking statements in light of developments which differ from those anticipated. Aug 6, 2021 | SE-IR Circulation and publication subject to prior approval by SCHWEIZER Page 12
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