Transcript Company presentation
First Half 2007
Conference Call | August 7 th , 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch
Highlights Q2/2007
Net after tax result: 79.6 EUR m Therein result from discontinued operations from sale of packaging division (66.5 Mio EUR) Equity ratio of 24.7 % Positive net cash of 47.0 Mio EUR Operational Business further improved: - Sales revenues + 21.6 % (Q2/07 compared to Q2/06) - EBIT + 19.9 Mio EUR (Q2/07 compared to Q2/06) - EBIT margin: + 5,7 % 2 H1 2007 | August 7 th , 2007
Key Figures KUKA Group
Positive Development also in Second Quarter EUR m.
Orders received Orders backlog Sales revenues EBIT % of sales Net after tax result Equity ratio Net cash / debt
Q2 / 2007
288.0
603.9
324.4
18.5
5.7% 79.6
24.7% 47.0
Q2 / 2006
312.1
496.5* 264.6
-1.4
-0.5% -55.8
11.8% -201.7
-7.7%
∆
21.6% 22.6% *12/31/06 3 H1 2007 | August 7 th , 2007
Key Figures Robotics
Continuing on targeted Growth Path EUR m.
Orders received Sales revenues EBIT % of sales Employees (end of period)
Q2 / 2007
109.4
105.2
9.1
8.7 % 1,939
Q2 / 2006
85.2
91.8
6.0
6.5% 1,838*
∆
28.4% 14.6% 51.7% 5.5% *12/31/06 4 H1 2007 | August 7 th , 2007
Key Figures Systems
Considerably better earnings EUR m.
Orders received Sales revenues EBIT % of sales Employees (end of period)
Q2 / 2007
191.0
229.0
8.9
3.9 % 3,644
Q2/ 2006
235.7
180.1
-4.5
-2.5 % 3,677*
∆
-19.0% 27.2% -0.9% *12/31/06 5 H1 2007 | August 7 th , 2007
KUKA Group
Continued Growth in Both Divisions
Orders Received EUR m.
500 400 300 200 100 0 489.9
519.8
188.0
226.2
EUR m.
350 300 250 200 150 100 50 0 Sales Revenues 327.3
437.3
187.8
196.8
H1/06 H1/07 H1/06 H1/07 Robotics Systems 6 H1 2007 | August 7 th , 2007 EBIT Margin (%) 0 -1 2 1 4 3 6 5 8 % 7 5.4
7.7
H1/06 H1/07 -1.5
3.4
H1/07 H1/06
Key Figures KUKA Group
Pleasant Development of Operational Results in First Half EUR m.
Orders received Sales revenues EBIT % of sales Net after tax result
H1 / 2007
724.9
615.1
28.3
4.6% 80.8
H1 / 2006
659.7
501.8
0.5
0.1% -62.2
∆
9.9% 22.6% – – 7 H1 2007 | August 7 th , 2007
Key Figures Robotics
Continuing on Growth Path EUR m.
Orders received Sales revenues EBIT % of sales Employees (end of period)
H1 / 2007
226.2
196.8
15.1
7.7% 1,939
H1 / 2006
188.0
187.8
10.2
5.4% 1,838*
∆
20.3% 4.8% 48.0% – 5.5% *12/31/06 8 H1 2007 | August 7 th , 2007
Key Figures Robotics
Orders Received – Diversification
Automotive General Industry Customer Service 45% 102,8 35% 20%
H1/06
9 H1 2007 | August 7 th , 2007 45% 36% 19%
H1/07
Key Figures Systems
Successful First Half EUR m.
Orders received Sales revenues EBIT % of sales Employees (end of period)
H1 / 2007
519.8
437.3
14.7
3.4% 3,644
H1 / 2006
489.9
327.3
-4.9
-1.5% 3,677*
∆
6.1% 33.6% – – -0.9% *12/31/06 10 H1 2007 | August 7 th , 2007
Key figures Systems
Orders Received – Unchanged Strong US Business
519.8
EUR m.
USA 489.9
167.2
250.5
Europe / others 272.4
251.6
Assembling 50.3
H1/06
17.7
H1/07
11 H1 2007 | August 7 th , 2007
Outlook
Guidance 2007 Key Figures
Sales revenues (EUR m.) Equity ratio ROCE EBIT margin (CO) Result from discontinued operations (DO)
2006
1,162.1
17.0% 8.8% 1.4%
Guidance 2007
>1,250.0
>22% 15.0% 4.6% 63.0 EUR m.
12 H1 2007 | August 7 th , 2007
Annex
Investor Relations The KUKA share
ISIN DE0006204407 Reuters IWKG.DE
Bloomberg IWK GY (Xetra)
Hubertus von Münchhausen
Head of Investor Relations Phone +49 (821) 797-5325 Fax +49 (821) 797-5213 v.muenchhausen@ kuka.com
For more detailed information on IWKA please refer to our web-page at www.kuka-ag.de
> Investor Relations 13 H1 2007 | August 7 th , 2007
Disclaimer
This presentation contains forward-looking statements based on current assumptions and forecasts made by KUKA Group management. Any forward-looking statements contained in this presentation represent our best judgment as to what will occur in the future. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or development.
14 H1 2007 | August 7 th , 2007