Viscom AG: Annual Financial Statement 2018

Hannover, 19 March 2019

Carsten Salewski

Dirk Schwingel

This presentation is not directed to the investment goals or financial position of any specific individual person or legal person. Investors should obtain independent expert counsel regarding the question of an investment in shares of the Viscom AG and carry out an analysis of the particular situation themselves.

Although Viscom has endeavored to deliver reliable, complete and up-to-date information with this presentation, the company can accept no liability for the accuracy, completeness or topicality of this information.

Certain statements in this presentation which are based on information available at present are forward-looking statements or contain specific expectations for the future. Such statements, by their nature, are subject to risks and uncertainties. Circumstances such as the general economic development, future market conditions, changes in the capital markets and other circumstances can lead to significant deviation of the actual events or results.

The information in this presentation serves general informational purposes and is neither an offer nor part of an offer or any other request to acquire, subscribe to or sell securities issued by Viscom.

2

Disclaimer

3

Contents

Strategy and Market

Technology

Financial Results 2018

Outlook

4

2018 – a good year for Viscom

SALES € 93.6 million

EBIT € 10.9 million

EBIT-Margin 11.7%

ORDERS RECEIVED € 98.7 million

Market: Automotive electronics

5

Electronics for passenger cars expected to account for up to 50% of sales

100 control units per car in the premium segment

Autonomous driving and driver assistance systems

More cameras and sensors

More electronics with high inspection requirements

China and the USA leading

New electrical components with inspection requirements

Comparable components for renewable energies

Growth potential for inspection products/services

Global trend

Market: Electromobility

6

86%62%

37%

12%

28%

44%

2% 10% 19%

0

20

40

60

80

100

120

2020 2025 2030

Million vehicles

Pure Combustion Electrified Combustion Pure Electric

102 110 114

Networking of passenger cars (C2C and C2I)

Construction of the network infrastructure as well as antennas for transmission and

reception

New production lines for very large printed circuit boards

Increasing number of end devices

5G mobile technology

Market: Computer, Communication, Consumer

7

Global smartphone market

8

Volume (>1 billion devices/year) determines the components market

High-quality mobile devices with inspection requirements

Large investments in the medium term despite maturity phase

Market: Computer, Communication, Consumer

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Contents

Strategy and Market

Technology

Financial Figures 2018

Outlook

Viscom's core business

Software technology

10

Image analysis

3D computed tomography processes

Integration and networking with Industry 4.0

Artificial intelligence as an assistance function

Experience Image recording Software

Research and development

New Viscom inspection systems introduced

11

Void inspection

AXI application

12

Significantly increased demand for pore measurement for surface soldering

Ensuring heat transfer

Fields of application: E-mobility, LED technology and high-current applications

THT-Inspection

13

Reliability of soldered THT connections (through-hole technology)

Ensuring solder quality and pin position

Application areas: E-mobility, telecommunications and high-voltage applications

3D AOI application

Battery inspection

New fields of application

14

Button cell Round cell Prismatic cell Pouch cell

Battery inspection

15

X-ray technology sales

Competitive advantage through integration know-how

16

Viscom sales development with X-ray systems worldwide

Use in automotive, CCC, battery and industrial applications

Future technology with potential

in T€

22.150

30.755

37.121

2016 2017 2018

Global presence

17

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Contents

Strategy and Market

Technology

Business Figures 2018

Outlook

90,250

98,750

FY 2017 FY 2018

19,777

24,970

FY 2017 FY 2018

Incoming orders and order backlog

Order backlog*Incoming Orders

19* Reference date 31 December

in K€ in K€

Incoming orders by region*

20

* Accounting statement

** Reference date 31 December

Group sales by year

77.2

88.593.6

2016 2017 2018 in millions of €

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EBIT and EBIT-Margin

15.6

11.7

FY 2017 FY 2018 in %in K€

EBIT EBIT-Margin

22

13,829

10,944

FY 2017 FY 2018

Segment information by product group

61,137

12,983 14,422

65,029

14,790 13,738

SP NP Service

FY 2017

FY 2018

-4.7%

SP

Series inspection systems for electronic assemblies

NP

Special optical and X-ray inspection systems

Service

Services and after-sales support

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in K€

+6.4%

SP NP Service

+13.9%

Segment information by region

56,489

26,297

10,771

13.9

9.1

6.4

7,870

2,385

689

24

Sales in K€ EBIT* in K€ EBIT-Margin* in %

* Accounting for consolidation differences

2018 2018 2018

Europe Asia America

Key figures from the consolidated income statement

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* Total output = sales revenues + change in inventories + capitalized development costs

** based on sales revenues

Key balance sheet figures and cash flow statement

Consolidated Balance Sheet2017/12/31

K€

2018/12/31

K€

Cash and cash equivalents 11,506 5,740

Short-term Liabilities 11,804 15,276

Long-term Liabilities 2,778 3,846

Interest-bearing Liabilities 0 3,383

Equity 56,760 59,298

Consolidated Cash Flow Statement2017/12/31

K€

2018/12/31

K€

Cash Flow from Operating Activities 12,752 1,232

Cash Flow from Investment Activities -3,428 -5,076

Cash Flow from Financing Activities -3,999 -5,422

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Key figures for earnings, financial situation and net worth

Key Performance Indicators 2017/12/31 2018/12/31

Return on Equity 16.0% 13.2%

Period Result / Equity

Return on Investment (ROI) 12.7% 9.6%

Period Result / Balance Sheet Total

Return on Sales 15.6% 11.7%

EBT / Sales

Return on Capital Employed (ROCE) 28.8% 19.1%

EBIT / (balance sheet total - cash and cash equivalents -

short-term liabilities and provisions)

Equity Ratio 79.6% 72.5%

Equity / Balance Sheet Total

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full-time part-timeEurope Asia Americas

Personnel

444

36

337

5622

391

7019

Sales per Staff*

in K€

* Based on the annual average 28

Personnel Distribution by Region

Personnel Distribution by Full-time and Part-time

381

34

2018 201820172017

195 206 220 203

2015 2016 2017 2018

Dividends

Dividend policy: Distribution of at least 50 % of the profit achieved for the period for the 2018 financial year

The proposed dividend of € 0.45 per participating share for 2018 corresponds to a payout ratio of around 51%

Dividend yield of 3.3% at year-end price 2018

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Share 2017 2018

Earnings per share € 1.02 € 0.88

Dividends per share * € 0.60 € 0.45

* posed dividend 2018

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Contents

Strategy and Market

Technology

Financial Results 2018

Outlook

Outlook

31

Sales: 94 – 100 Mio. €

EBIT-Margin*: 10 – 13 %Guidance 2019

* Without consideration of effects due to IFRS 16

Zentrale:

Viscom AG

Carl-Buderus-Str. 9 - 15 · 30455 Hannover

Tel.: +49 511 94996-0 · Fax: +49 511 94996-900

info@viscom.de · www.viscom.de

Kontakt Investor Relations:

Viscom AG, Anna Borkowski

Carl-Buderus-Str. 9 – 15 · 30455 Hannover

Tel.: +49 511 94996-861 · Fax: +49 511 94996-555

investor.relations@viscom.de · www.viscom.de

Weitere Informationen über Viscom und unsere

internationalen Niederlassungen sowie

Repräsentanten in Europa, USA und Asien

finden Sie unter:

www.viscom.com

Thank you for your attention!