SINGULUS TECHNOLOGIES. SINGULUS TECHNOLOGIES AG _ Q1 Presentation

Transcription

1 SINGULUS TECHNOLOGIES _ Q1 Presentation May 2017

2 Agenda May 12, Overview 2 Financials 3 SINGULUS TECHNOLOGIES Segments & New Business Areas 4 SINGULUS TECHNOLOGIES Outlook

3 SINGULUS TECHNOLOGIES - Innovative Technology May 12, THIN FILM DEPOSITION SURFACE ENGINEERING THERMAL PROCESSING WET CHEMICAL

4 Agenda May 12, Overview 2 Financials 3 SINGULUS TECHNOLOGIES Segments & New Business Areas 4 SINGULUS TECHNOLOGIES Outlook

5 Financial Key Figures May 12, in million Q Q Revenues Order Intake Order Backlog (31.03.) EBIT EBITDA Result before Tax Net Result Operating Cash Flow Shareholders Equity Total Assets

6 Profit & Loss Statement May 12, in million Q Q Gross Revenue Net Revenue Gross Profit (in % of Net Revenues) (16.5%) (30.1%) - R&D - Sales & Customer Service - GM & A - Other Income/Expenses - Restructuring result OPEX (Total) EBIT (in % of Net Revenue) -5.8 (-41.7%) 1.4 (5.4%) Net Result EPS (basic)

7 Balance Sheet May 12, in million Dec Q Available Cash Restricted Cash Total Current Receivables and Other Assets Total Inventories Non Current Assets Total Assets Total Current Liabilities Total Non-Current Liabilities Total Equity Equity and Liabilities

8 Cash Flow Development May 12, in million Q Q Cash Flow from Operating Activities Cash Flow from Investing Activities Cash Flow from Financing Activities Total Cash Flow Liquid Funds at the Beginning of the Fiscal Year Effect of Exchange Rate Changes Liquid Funds at the End of the Fiscal Year

9 Employees May 12, Dec March 2017 Δ SINGULUS Group Domestic Abroad

10 Sales Split by Products May 12, Q Q Semiconductor 7.1% Semiconductor 3.8% Optical Disc 16.5% Solar 58.1% Optical Disc 34.8% Solar 79.7%

11 Sales Split by Region May 12, Q Q Africa & Australia 1.4% Europe 19.8% Africa & Australia 0.4% Americas 12.6% Europe 13.4% Americas 63.8% Asia 15.0% Asia 73.6%

12 Agenda May 12, Overview 2 Financials 3 SINGULUS TECHNOLOGIES Segments & New Business Areas 4 SINGULUS TECHNOLOGIES Outlook

13 Crystalline Solar vs. CIGS Thin Film May 12, Crystalline Solar CIGS Thin Film High cell & module efficiency Easy process Advanced technology Production split on different locations (Silicon, ingot, wafer, cell, module) Excellent stability Good low light performance Light soaking effect Reduced sensitivity to overheating Tolerance to shading & low intensity

14 SINGULUS TECHNOLOGIES at Snec 2017 May 12,

15 SILEX II Wet Processing System for Heterojunction Solar Cells May 12, Main Features SILEX II Customer reached % efficiency for heterojunction cells High throughput up to 6000 wph High uptime up to 95 % Low breakage rate down to 0.01 % Ozone-enhanced cleaning and etching processes

16 New Product Development: LINEX Inline Wet Process Equipment May 12, Main Features LINEX From R&D tool to 10-lane facility Integration of ozone in every inline process High uptime up to 99 % Low CoO Low breakage rate down to 0.01 %

17 New Product Development: GENERIS PVD Sputtering Equipment for Heterojunction May 12, SDR/ Texturing a-si Front/Rear ITO Front/Rear Metal Rear * Print Front Curing (Annealing) Test Sorting Wet PECVD PVD Sputter PVD Sputter Thermal SINGULUS TECHNOLOGIES offers key production steps for Heterojunction cell production Main Features GENERIS PVD % efficiency for heterojunction cell reached High throughput & high uptime Inline system Automatic carrier system

18 SINGULUS TECHNOLOGIES Provides all Key Production Steps for a CIGS Fab May 12, Automation Glass Washing > Wet cleaning Substrate Inspection Si barrier layer & Mo Back Contact > Sputtering 2 Interconnect and Encapsulation >Lamination Scribing P1 > Laser Scribing P3 >Mechanical > Laser Precursor > Sputtering CIS/CIGS 7 3 Front Contact > Sputtering 4 Selen Evaporation > thermal evaporation 6 5 Scribing P2 >Mechanical >Laser 6 Selenezation/ Sulphurization > CISARIS Oven InS & izno > Evaporation& sputtering CdS or. alt. buffer Deposition > Chemical Bath Deposition (CBD) > or ILGAR (In2S3)

19 - OPTICAL DISC May 12, Optical Disc Semi- Conductor Solar Mastering, Molding and Replication for all Disc Formats CD DVD Blu-ray: Total 8,530 systems sold worldwide Market share Blu-ray > 90 %, SINGULUS is Market Leader! Over 220 Blu-ray systems installed base Excellent equipment performance Ready for 100 GB Ultra HD Blu-ray

20 - SEMICONDUCTOR May 12, Optical Disc Semi- Conductor Solar Advanced Vacuum Coating applications TIMARIS is a market-ready machine for MRAM production Excellent prospects for further growth in applications like sensors Modular platform for new applications, e.g. Voltage Regulator, MEMS, Extreme Ultraviolet (EUV) Technology

21 Decorative Coating May 12, Optical Disc Semi- Conductor Solar Advanced Vacuum Coating Applications Brilliant layers on 3-dimensional parts Individual design variety UV-curing for protection lacquer Inline spray coating & metallization Fully automated processing & high productivity and flexibility Low cost of ownership Environment-friendly

22 Agenda May 12, Overview 2 Financials 3 SINGULUS TECHNOLOGIES Segments & New Business Areas 4 SINGULUS TECHNOLOGIES Outlook

23 Process Overview SINGULUS TECHNOLOGIES May 12, THIN FILM DEPOSITION SURFACE ENGINEERING THERMAL PROCESSING Thin Film Deposition - Sputter deposition (DC, RF, MF, Bipolar, pulsed) - Evaporation (thermal evaporation) - CVD - PECVD (ICP, µ-wave) - AACVD (aerosol assisted CVD) SURFACE ENGINEERING - Embossing, imprint nano lithography - Injection molding - Functionalization - Oxidation - Plasma cleaning & etching - Lacquering & bonding Thermal Processing - Rapid thermal processing - Conditioning - Annealing WET CHEMICAL Wet Chemical - Cleaning/washing - Etching/polishing - Texturing - Conditioning - Chemical bath deposition - Developing

24 Forecast 2017/2018 May 12, Year Sales EBIT Doubling of revenues (2016: 68.6 Mio. ) Positive at low singledigit million range Moderate increase in revenues An improvement in the gross margin is expected to lift EBIT further compared with 2017

25 Contact May 12, Hanauer Landstrasse 103 D Kahl/Main Dr.-Ing. Stefan Rinck, President and CEO Tel: Stefan.Rinck@singulus.de Markus Ehret, CFO Tel: Markus.Ehret@singulus.de Maren Schuster, Head of Investor Relations Tel: Maren.Schuster@singulus.de Forward-Looking Statements This presentation contains forward-looking statements based on current expectations, assumptions and forecasts of the executive board and on currently available information. Various known and unknown risks, unpredictable developments, changes in the economic and political environment and other presently not yet identifiable effects could result in the fact that the actual future results, financial situation or the outlook for the company differ from the estimates given here. We are not obligated to update the forward-looking statements made in this presentation unless there is a legal obligation. Bernhard Krause, Communications Worldwide Tel: Bernhard.Krause@singulus.de