Agenda 1 Group overview 2 3 4 5 6 7 Markets and customers Corporate Governance Operational performance Financial transparency Mikron Machining Mikron Automation 2
Agenda 1 Group overview 2 3 4 5 6 7 Markets and customers Corporate Governance Operational performance Financial transparency Mikron Machining Mikron Automation 3
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The Creating value with passion for precision Mikron Machining Machining systems and solutions, Cutting Tools Mikron Automation Assembly systems and automation solutions 5
Our major milestones 1908 Watch manufacturer Karl Lüthy establishes Maschinenfabrik Mikron AG in Biel/Bienne. 1962 Mikron acquires Haesler SA of Boudry, Switzerland, the producer of transfer machines. 1978 1983 1986 Mikron US Corporation establishes as a sales company at South Norwalk, CT/USA. Four years later, it relocated to Monroe, CT/USA and became a production facility. Mikron becomes a 100% public corporation with the public placement of the majority package of registered shares by the Gasser family. Mikron acquires Albe SA of Agno, Switzerland, together with its sales branch in Tokyo, Japan. 1990 Establishment of Mikron GmbH Rottweil (Germany) as a sales and service company. 1998 2007 2010 With the establishment of Mikron Tool SA Agno in 1998. The same year saw the acquisition of CEI Automation Inc. of Aurora, CO/USA, renamed as Mikron Corp. Denver. Mikron opens its own production site in Singapore. Mikron opens its subsidiary in Shanghai. 2012 2015 Mikron expands the automation business by acquiring the IMA Automation Berlin GmbH. Mikron moves to its new and larger production facility in Denver area, USA. 6
Agenda 1 Group overview 2 3 4 5 6 7 Markets and customers Corporate Governance Operational performance Financial transparency Mikron Machining Mikron Automation 7
End user markets Automotive Pharma/ Medtech Electric/ Electronics Consumer goods Hydraulic/ Pneumatic Industrial/ Building Writing Others 8
End user markets : Sales by industry in % Total CHF 256 million (2016) Writing: 6% Consumer Goods: 8% Others: 13% Automotive: 30% Pharma/Medtech: 43% 9
Production sites and representatives around the world 10
Geographical markets : Sales by region in % Total CHF 256 million (2016) Other markets: 2% Asia/Pacific: 12% North America: 23% Europe: 63% 11
Agenda 1 2 3 4 5 6 7 Group overview Markets and customers Corporate Governance Operational performance Financial transparency Mikron Machining Mikron Automation 13
Ownership of Mikron Holding AG Other public shareholders: 34.3% Ammann Group Holding AG: 41.6% Rudolf Maag: 14.1% Veraison SICAV: 10.0% 14
Board of Directors Heinrich Spoerry Chairman, non-executive Andreas Casutt Member, non-executive Eduard Rikli Vice-Chairman, non-executive Patrick Kilchmann Member, non-executive Hans-Michael Hauser Member, non-executive 15
Group Management Bruno Cathomen CEO & COO Mikron Machining Dipl. Ing. ETH 25 years of industry experience Rolf Rihs COO Mikron Automation Dipl. Ing. ETH 25 years of industry experience Martin Blom CFO Dipl. Wirtschaftsprüfer, Betriebsökonom FH 20 years of finance experience 16
Agenda 1 2 3 4 5 6 7 Group overview Markets and customers Corporate Governance Operational performance Financial transparency Mikron Machining Mikron Automation 17
Volumes : Net sales in CHF million 300 +12% vs. 2015 250 200 235 241 249 229 256 150 100 50 0 2012 2013 2014 2015 2016 18
Profitability : EBIT in CHF million 20 EBIT margin: 1.6% 15 10 5 0 5.2 4.6 2.5 4.1 2013 2014 2015 2016 19
Solid equity position : Shareholders equity At year-end (2016) Equity ratio: 62% 180 160 140 120 100 80 60 40 20 0 154 155 155 156 2013 2014 2015 2016 20
Key figures in CHF million 2012 2013 2014 2015 2016 Order intake 236.3 246.4 244.8 264.6 243.6 Net sales 235.3 241.1 249.1 228.6 256.0 Order backlog 109.5 122.4 117.4 142.9 122.9 Operating result 9.1 3.0 2.7 1.1 2.8 EBIT 11.2 5.2 4.6 2.5 4.1 Cash flow 9.8 10.6 6.7 15.5 12.8 Number of employees Shareholders' equity 1,093 1,109 1,162 1,181 1,249 153.0 153.5 155.3 154.6 156.3 21
Agenda 1 2 3 4 5 6 7 Group overview Markets and customers Corporate Governance Operational performance Financial transparency Mikron Machining Mikron Automation 22
High financial transparency through public listing since 1983 Share capital CHF 1.67 Mio. Number of shares outstanding 16,712,744 Nominal value CHF 0.10 Stock-market Symbol SIX Swiss Exchange, Zurich (Domestic Standard) MIKN ISIN number CH0003390066 Index SPI 23
Mikron Financial Calendar 2017 Annual General Meeting 2017 25 April 2017 Semiannual results 2017 25 July 2017 24
Agenda 1 2 3 4 5 6 7 Group overview Markets and customers Corporate Governance Operational performance Financial transparency Mikron Machining Mikron Automation 25
Machining solutions We are the leading supplier of customized, highly productive machining solutions for the manufacturing of complex highprecision components made of metal. 26
Mikron Machining customized and highly productive Machining systems Cutting solutions Service solutions 27
Mikron Machining for the manufacturing of complex high-precision components made of metal Guide for fuel injection Compressor housing Connector pin 28
Mikron Machining key facts Headquarters Foundation Mikron SA Agno 1908: Mikron AG, Biel 1957: Albe SA, Viganello (acquired 1986) Number of employees 600 FTE (31.12.2016) Net sales Main end user markets Main markets Experience 2016: CHF 116 million 2015: CHF 114 million Automotive, writing instruments, consumer goods Europe, Asia & Pacific, North America Over 100 years worldwide Systems installed More than 7,000 Order value Projects per year CHF 0.4 to 6.0 million 80 to 150 (machines) 29
Mikron Machining production sites, strategic partnership and representatives Switzerland: Agno Germany: Rottweil Production sites Sales and service representatives HQ Mikron Machining Mikron SA Agno, Switzerland 30
Agenda 1 2 3 4 5 6 7 Group overview Markets and customers Corporate Governance Operational performance Financial transparency Mikron Machining Mikron Automation 31
Automation solutions We are one of the world's leading manufacturers of customized, highly productive automation solutions for high-precision assembly and testing of products up to hand-size. 32
Mikron Automation customized and highly productive Engineering and project management Process integration Documentation and services 33
Mikron Automation for high-precision assembly and testing of products up to hand-size Autoinjector for growth hormones Gazoline injector Cosmetic dispenser 34
Mikron Automation key facts Headquarters Foundation Mikron SA Boudry 1908: Mikron AG, Biel 1918: Haesler SA, Le Locle (acquired 1962) Number of employees 650 FTE (31.12.2016) Net sales Main end user markets Main markets Experience 2016: CHF 140 million 2015: CHF 115 million Pharma/Medtech, automotive Europe, North America, South East Asia & China 40 years worldwide Systems installed More than 3,000 Order value CHF 0.5 to 15 million Projects per year More than 60 35
Mikron Automation production sites, strategic partnership and representatives USA: Denver Switzerland: Boudry Germany: Berlin P.R. China: Shanghai Singapore Production sites Sales and service representatives HQ Mikron Automation Mikron SA Boudry, Switzerland 36
For more information visit our website www.mikron.com 37
Creating value with passion for precision 38