Jungheinrich Group—Conference Call
Interim Report as of March 31, 2014
60 Years of Passion for Logistics
Hans-Georg Frey, ...
Highlights—Q1 2014
Conference Call—May 8, 20142
 World material handling equipment market grows by 10%
 Market volume up...
Source: WITS 3/2014.
World Material Handling Equipment Market—3/2014
Growth Rates by Region
in terms of units; compared to...
Incoming Orders of all Business Fields
4 Conference Call—May 8, 2014
in million €
Q1 2013 Q1 2014
+2%587 600
 Incoming or...
Incoming Orders Production
Business Trend—New Truck Business
5 Conference Call—May 8, 2014
in units
22,03920,46919,449 16,...
6
Orders on Hand—New Truck Business
Conference Call—May 8, 2014
in million €
394
12/31/2013 03/31/2014
366 +8%
 The order...
Consolidated Net Sales
7 Conference Call—May 8, 2014
in million €
Q1 2013 Q1 2014
514 575+12%
 New truck business records...
EBIT
8 Conference Call—May 8, 2014
in million €
Q1 2013 Q1 2014
36.0 40.2
7.0%EBIT ROS
+12%
7.0%
 EBIT rises due to good ...
R&D and Capital Expenditures
Conference Call—May 8, 20149
in million €
Capital ExpendituresR&D Expenditures
Capex ratio as...
6,094 6,599
5,167
5,458
Workforce Trend
10
in full-time equivalent (FTE)
12/31/2013 03/31/2014
Germany
Abroad
12,057
11,84...
11
951
2007 2012
380
170
266
191
World
Europe
331
411
20112007 2012
311
-6%
-5%
363
+7%
181
-3%
975
2011
Asia North Americ...
12
€175 million - €185 million1
€45 million - €50 million
Incoming orders
Net sales
Earnings before interest and
taxes (EB...
Conference Call—May 8, 201413
Disclaimer
Since developments cannot be foreseen, the actual business trend may deviate from...
Jungheinrich - Conference Call regarding interim reports as of March 31, 2013
Upcoming SlideShare
Loading in …5
×

Jungheinrich - Conference Call regarding interim reports as of March 31, 2013

341 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
341
On SlideShare
0
From Embeds
0
Number of Embeds
79
Actions
Shares
0
Downloads
4
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Jungheinrich - Conference Call regarding interim reports as of March 31, 2013

  1. 1. Jungheinrich Group—Conference Call Interim Report as of March 31, 2014 60 Years of Passion for Logistics Hans-Georg Frey, Chairman of the Board of Management Dr. Volker Hues, Member of the Board of Management, Finance May 8, 2014
  2. 2. Highlights—Q1 2014 Conference Call—May 8, 20142  World material handling equipment market grows by 10%  Market volume up 10% in Western Europe, but down 7% in Eastern Europe  Net sales and EBIT both rise by 12%  Production significantly expanded  Net sales and EBIT for 2014 forecasts raised
  3. 3. Source: WITS 3/2014. World Material Handling Equipment Market—3/2014 Growth Rates by Region in terms of units; compared to 3/2013 Western Eastern Europe Asia North America World World Market thousands of units 3 3/2013 3/2014 thereof China +18% +7% +10% -7% +17% +10% 247.2 272.3 +14% Conference Call—May 8, 2014 thereof Russia -24%
  4. 4. Incoming Orders of all Business Fields 4 Conference Call—May 8, 2014 in million € Q1 2013 Q1 2014 +2%587 600  Incoming orders +2% following 2013 year-end dash (major new trucks order and bring-forward effects in Q4 2013)
  5. 5. Incoming Orders Production Business Trend—New Truck Business 5 Conference Call—May 8, 2014 in units 22,03920,46919,449 16,616 Q1 2013 Q1 2014 +33%+5% Q1 2013 Q1 2014
  6. 6. 6 Orders on Hand—New Truck Business Conference Call—May 8, 2014 in million € 394 12/31/2013 03/31/2014 366 +8%  The order reach is thus four months
  7. 7. Consolidated Net Sales 7 Conference Call—May 8, 2014 in million € Q1 2013 Q1 2014 514 575+12%  New truck business records disproportionately strong growth (+23%)  After-sales services post 5% rise in net sales  Domestic net sales up 6%  Foreign net sales increased by 14%, driven by France, the United Kingdom and Spain as well as the Czech Republic and Poland  Non-European net sales climb by 38%—supported by marked gains in net sales in Asia; share of consolidated net sales grows from 8% to 10%
  8. 8. EBIT 8 Conference Call—May 8, 2014 in million € Q1 2013 Q1 2014 36.0 40.2 7.0%EBIT ROS +12% 7.0%  EBIT rises due to good level of plant capacity utilization (consequence of high level of incoming orders in Q4 2013)  Reporting quarter takes account of €1.3 million fund transfer recognized as an expense to the assets of the Dr. Friedrich Jungheinrich Foundation
  9. 9. R&D and Capital Expenditures Conference Call—May 8, 20149 in million € Capital ExpendituresR&D Expenditures Capex ratio as a percentage of net salesCapitalization ratio  Focal points: energy efficiency of drive systems, automation of material handling equipment  Capitalization ratio rises owing to increase in major product developments 10.9 12.0 Q1 2013 23 14 4% 2%18% 25% Q1 2014 Q1 2013 Q1 2014  Reporting-quarter figures reflect first effects of construction of new corporate headquarters and training centre  Capex on large-scale strategic projects completed in 2013
  10. 10. 6,094 6,599 5,167 5,458 Workforce Trend 10 in full-time equivalent (FTE) 12/31/2013 03/31/2014 Germany Abroad 12,057 11,840 +2% Conference Call—May 8, 2014 ■ Focus of continued workforce expansion remains on sales—in the first quarter primarily in Europe
  11. 11. 11 951 2007 2012 380 170 266 191 World Europe 331 411 20112007 2012 311 -6% -5% 363 +7% 181 -3% 975 2011 Asia North America 2007 20072013 2011 2012 2013 2011 2012 2013 944 2013 316 +2% +11% 401 +11% 201 +7% 1,010 2014e 2014e 2014e 2014e World Material Handling Equipment Market in thousand units Source: WITS. Estimate. 2006 = 213 Conference Call—May 8, 2014
  12. 12. 12 €175 million - €185 million1 €45 million - €50 million Incoming orders Net sales Earnings before interest and taxes (EBIT) Capital expenditures on tangible assets Research and development expenditures 1 2013 incoming orders: €2.4 billion, net sales: €2.3 billion, 2013 EBIT: €172 million. €85 million - €95 million €2.4 billion - €2.5 billion1 €2.4 billion - €2.5 billion1 15% - 20%ROCE Conference Call—May 8, 2014 2014 Outlook—Net Sales and EBIT Forecasts Raised
  13. 13. Conference Call—May 8, 201413 Disclaimer Since developments cannot be foreseen, the actual business trend may deviate from the expectations presented here based on assumptions and estimates made by Jungheinrich company management. Factors that may lead to such deviations include changes in the economic environment, changes in the political and legal environment and within the material handling equipment sector as well as exchange and interest rate fluctuations. Therefore, no responsibility is taken for forward-looking statements made in this interim Group management report and no ensuing liability is assumed.

×