Annual Press Conference · ZEISS Group, 2015/16 Annual Press Conference 16 December 2016 5 EMEA 1,611 M +5% Americas 1,260 M +3% APAC 1,123 M +17% Collaborations 887 M +12 % March

16 December 2016 ZEISS Group, 2015/16 Annual Press Conference

Prof. Dr. Michael Kaschke

President & Chief Executive Officer

Thomas Spitzenpfeil

Chief Financial Officer

Annual Press Conference

Stuttgart, 16 December 2016


Prof. Dr. Michael Kaschke President & Chief Executive Officer

Thomas Spitzenpfeil Chief Financial Officer

2


3

ZEISS Group

FISCAL YEAR 2015/16 AT A GLANCE

Opportunities

seized

Success in new

growth markets

For the first time,

incoming orders

exceeded the

5 billion euro mark

ZEISS exceeds

own expectations

Organic revenue

growth of 8%

Economic value

added (EVA) over

€300 million for

first time

Record revenue

and earnings

Implementation of

Agenda 2016 and

optimized

competitiveness lead

to best earnings in

company’s history

Success across all

segments

Entire portfolio

makes significant

contribution to

healthy earnings

Growth in direct

business, particularly

at Medical

Technology and

Industrial Metrology


4

Incoming orders

5,019 M +8%

Revenue

4,881 M +8%

EBIT

615 M +246 M

Consolidated earnings

404 M +196 M

All figures in euros

Employees

25,433 +2%

ZEISS Group

FISCAL YEAR 2015/16 AT A GLANCE

EVA

310 M +195 M


5

EMEA

1,611 M +5%

Americas

1,260 M +3%

APAC

1,123 M +17%

Collaborations

887 M +12 %

March

of which Germany

599 M +10 %

883

995 M +16%

2015/16 2014/15

REVENUE TREND OF DIRECT BUSINESS IN

EMERGING MARKETS

ZEISS Group

Revenue distribution

GLOBAL REVENUE TREND

FISCAL YEAR 2015/16

87 percent of revenue generated

outside Germany

Asia/Pacific achieves over

€1 billion as share of revenue for

the first time

995


6

FISCAL YEAR 2015/16

Industrial Metrology benefits from strong

automotive market and Smart Production

Microscopy achieves turnaround and is back

on track to growth

1,356

1,466 M +8%

REVENUE

Research & Quality Technology

1,466

2014/15 2015/16

OUTLOOK

Expanding

digitalization and

Smart Production for

customer success

Further strength-

ening leadership in

optics and X-ray

technology


7

FISCAL YEAR 2015/16

Asserting position on hard-fought market

Further strengthening leading market

position through innovations

REVENUE

Medical Technology

1,290 M +7%

Not identical to Carl Zeiss Meditec AG.

1,211 1,290

2014/15 2015/16

OUTLOOK

Megatrends

promote market

growth

Innovation driver for

optimized treatment

outcomes and

processes


8

FISCAL YEAR 2015/16

Vision Care is growing globally thanks to

ZEISS eyeglasses and product innovations

Consumer Optics responds to high market

pressure with successful product launches

REVENUE

Vision Care/Consumer Products

1,089 M +8%

1,007

1,089

2014/15 2015/16

OUTLOOK

Sustained well-filled

product pipeline

Addressing the

consumer optics

market with

innovations and new

business models


9

FISCAL YEAR 2015/16

Solid business with deep ultraviolet (DUV)

lithography systems

15 percent rise in incoming orders

REVENUE

Semiconductor Manufacturing Technology

972 M +9%

2014/15 2015/16

893

972

OUTLOOK

Advancement and

acceleration of

future-oriented EUV

technology through

further R&D

investments in

expanded ASML

partnership


10

FISCAL YEAR 2015/16

Expenditure on research and development

maintains prior year’s high level

R&D EXPENDITURE

436 M Recognized in

income

statement*

ZEISS Group

473 485

2014/15 2015/16

* After deduction of subsidies and financing from third parties.


11

FISCAL YEAR 2015/16

Investments remain at

high level

INVESTMENTS IN PROPERTY, PLANT AND

EQUIPMENT

154 M

Investments in property, plant

and equipment

Depreciations on property,

plant and equipment

150 160

2014/15 2015/16

ZEISS Group

155 154


12

FREE CASH FLOW

709 M +232 M

2014/15 2015/16

477

EBIT

FISCAL YEAR 2015/16

Free cash flow

increase thanks

to better

operating result

ZEISS Group

OUTLOOK

Stronger focus

on profitable

growth and

competitiveness

615 M +246 M

2014/15 2015/16

369

709

615


13

FISCAL YEAR 2015/16

Sound financial base with

financial leeway for the entire

Group

GROSS AND NET LIQUIDITY

568 M

30

September

2015

30

September

2016

Gross liquidity

Net liquidity

776

374

ZEISS Group

568

796

OUTLOOK

ZEISS is focusing sharply on

how to strategically

supplement the portfolio

through further investments

and acquisitions


14

FISCAL YEAR 2015/16

Equity ratio at 25 percent

ZEISS Group

EQUITY AND PENSION PROVISIONS

1,719 M +16%

1,357

Equity

Pension

provisions

1,416 1,483

1,719

30

September

2015

30

September

2016

OUTLOOK

Further drops in interest rates

can lead to a further increase

in pension provisions

ASML’s minority stake will

have a positive effect on

ZEISS equity


ZEISS Group

Overall outlook for 2016/17

Opportunities

Need for innovative

solutions in:

• Digitalization and

Smart Production

• Health care

Forecast

Slight growth in

revenue

Comparable EBIT

margin

Options for

acquisitions and large

investments are

consistently pursued

Economy

Megatrends promote

business

development

Moderate global

economic growth

Pace of growth differs

from one emerging

economy to another

Measures

Increase in

competitiveness

Greater customer focus

with market-shaping

innovations

Reduced costs of

goods manufactured

and operational cost

structures

15


Contact details

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

Jörg Nitschke

Corporate Communications

Phone: +49 (0)7364 20-3242

Email: [email protected]

16


Documents

Annual Press Conference · ZEISS Group, 2015/16 Annual Press Conference 16 December 2016 5 EMEA 1,611 M +5% Americas 1,260 M +3% APAC 1,123 M +17% Collaborations 887 M +12 % March