first half 2007 conference call | august 7 th, 2007 ceo – gerhard wiedemann cfo – dr. jürgen...

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First Half 2007 Conference Call | August 7 th , 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

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Page 1: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

First Half 2007

Conference Call | August 7th, 2007

CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

Page 2: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

2 H1 2007 | August 7th, 2007

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 %

Page 3: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

3 H1 2007 | August 7th, 2007

Key Figures KUKA Group

Positive Development also in Second Quarter

EUR m.

Orders received

Orders backlog

Sales revenues

EBIT

Q2 / 2007 Q2 / 2006 ∆

288.0

603.9

324.4

18.5

312.1

496.5*

264.6

-1.4

-7.7%

21.6%

22.6%

-

-

*12/31/06

% of sales 5.7% -0.5%

Net after tax result

Equity ratio

Net cash / debt

79.6

24.7%

47.0

-55.8

11.8%

-201.7

-

-

-

Page 4: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

4 H1 2007 | August 7th, 2007

Key Figures Robotics

Continuing on targeted Growth Path

EUR m.

Orders received

Sales revenues

EBIT

% of sales

Employees (end of period)

Q2 / 2007 Q2 / 2006 ∆

109.4

105.2

9.1

6.5%

1,939

85.2

91.8

6.0

8.7 %

1,838*

28.4%

14.6%

51.7%

-

5.5%

*12/31/06

Page 5: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

5 H1 2007 | August 7th, 2007

Key Figures Systems

Considerably better earnings

EUR m.

Orders received

Sales revenues

EBIT

% of sales

Employees (end of period)

Q2 / 2007 Q2/ 2006 ∆

191.0

229.0

8.9

3.9 %

3,644

235.7

180.1

-4.5

-2.5 %

3,677*

27.2%

-

-0.9%

*12/31/06

-19.0%

-

Page 6: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

6 H1 2007 | August 7th, 2007

KUKA Group

Continued Growth in Both Divisions

Robotics Systems

EUR m.

H1/06 H1/07

0

100

200

300

400

500

Orders Received

489.9

188.0

519.8

226.2

EUR m.

H1/06 H1/07

0

50

100

150

200

250

300

350

Sales Revenues

327.3

187.8

437.3

196.8

5.4

7.7

H1/07-1

0

1

2

3

4

5

7

EBIT Margin (%)

-1.5

3.4

H1/06

6

%

8

H1/07

H1/06

Page 7: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

7 H1 2007 | August 7th, 2007

Key Figures KUKA Group

Pleasant Development of Operational Results in First Half

EUR m.

Orders received

EBIT

% of sales

H1 / 2006

Net after tax result

659.7

0.5

-62.2

H1 / 2007

-

0.1%

Sales revenues 501.8

724.9

28.3

80.8

4.6%

615.1

9.9%

22.6%

Page 8: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

8 H1 2007 | August 7th, 2007

Key Figures Robotics

Orders received

Sales revenues

EBIT

% of sales

Continuing on Growth Path

Employees (end of period)

*12/31/06

H1 / 2006H1 / 2007 ∆EUR m.

226.2

15.1

1,939

7.7%

196.8

188.0

10.2

1,838*

5.4%

187.8

20.3%

48.0%

5.5%

4.8%

Page 9: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

9 H1 2007 | August 7th, 2007

Key Figures Robotics

Orders Received – Diversification

102,8

Automotive

Customer Service

H1/06

45%

35%

20%

H1/07

45%

36%

19%

General Industry

Page 10: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

10 H1 2007 | August 7th, 2007

Key Figures Systems

Successful First Half

EUR m.

Orders received

Sales revenues

EBIT

% of sales

Employees (end of period)

H1 / 2006H1 / 2007 ∆

*12/31/06

519.8

14.7

3,644

3.4%

437.3

489.9

-4.9

3,677*

-1.5%

327.3

6.1%

-0.9%

33.6%

Page 11: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

11 H1 2007 | August 7th, 2007

Key figures Systems

Orders Received – Unchanged Strong US Business

EUR m.

Assembling

Europe / others

USA

H1/07

519.8

H1/06

489.9

167.2

272.4

50.3

250.5

251.6

17.7

Page 12: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

12 H1 2007 | August 7th, 2007

Outlook

Guidance 2007

Key Figures

Sales revenues (EUR m.)

Equity ratio

ROCE

EBIT margin (CO)

2006

1,162.1

17.0%

8.8%

1.4%

Result from discontinued operations (DO)

>1,250.0

>22%

15.0%

4.6%

63.0 EUR m.

Guidance2007

Page 13: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

13 H1 2007 | August 7th, 2007

Annex

Hubertus von Münchhausen Head of Investor Relations

Phone +49 (821) 797-5325Fax +49 (821) 797-5213

[email protected]

The KUKA share

ISIN DE0006204407Reuters IWKG.DEBloomberg IWK GY (Xetra)

For more detailed information on IWKA please refer to our web-page at

www.kuka-ag.de > Investor Relations

Investor Relations

Page 14: First Half 2007 Conference Call | August 7 th, 2007 CEO – Gerhard Wiedemann CFO – Dr. Jürgen Koch

14 H1 2007 | August 7th, 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.