Jungheinrich
Growing with Passion
Hamburg, March 2017
At a Glance
>15,000
We are a
listed
stock corporation with
the characteristics of a
family-owned company.
In
36
countries
employees
worldwide
In
Europe
we are industry’s
number 2.
100,000
unit production
mark surpassed for
the 1st time
in 2016
with proprietary
branch offices
€3.1
4,700
service
technicians
billion in net
sales in 2016
A world-leading intralogistics company
2
Key Figures
2016
2015
Change
in %
109,200
97,100
+12.5
Incoming orders (million €)
3,220
2,817
+14.3
Net sales (million €)
3,085
2,754
+12.0
Earnings before interest and taxes (EBIT)
(million €)
235
213
+10.3
EBIT return on sales (EBIT ROS) %
7.6
7.7
—
- Net income (million €)
154
138
+11.6
- Earnings per preferred share (€)
1.52
1.36*
+11.8
59
87
-32.2
Balance sheet total (million €)
3,643
3,349
+8.8
Shareholders’ equity (million €)
1,114
1,026
+8.6
15,010
13,962
+7.5
Incoming orders (units)
Capital expenditures** (million €)
Employees
* Prior-year figure retroactively adjusted due to the 1:3 stock split implemented on June 22, 2016.
** Tangible and intangible assets excluding capitalized development expenditures.
3
Net Sales
3,085
2,754
76%
72%
1,816
1,645
1,515
72%
64%
53%
2000
2005
2010
Net sales in million €
2015
2016
Foreign share
4
History
1953
1956
Foundation
H. Jungheinrich & Co.
Maschinenfabrik
First foreign sales company
in Austria
1990
1987
One billion
Deutschmarks in
net sales
Initial public
offering
2014
Share included
in the MDAX
2016
36 direct sales companies
3.1 billion euros in net sales
5
Board of Management
Dr. Volker Hues
Hans-Georg Frey
Member of the Board Chairman of the Board
of Management
of Management
Finance
Dr. Lars Brzoska
Dr. Oliver Lücke
Dr. Klaus-Dieter
Rosenbach
Member of the Board
of Management
Sales
Member of the Board
of Management
Engineering
Member of the Board
of Management
Logistics Systems
Employees
EMPLOYEE
TENURE
>5,000
Jungheinrich
11
years
TOP
50
Employer in
Germany*
new
Jobs created
since 2009
Numerous workshops and
trainings for the professional
and personal advancement
International
Graduate
Program
(JIG)
19.6%
of our employees are women
(sector average: 16.4%)
Working
Worldwide
*According to Focus & Kununu
International
programs for
employees
>15,000
employees
worldwide
7
Business Model
8
Industrial Trucks Product Portfolio
Warehouse trucks
Pedestrian
trucks
Electric trucks
Low level
order pickers
Stackers
Diesel/LPG trucks
Reach trucks
Hand pallet trucks
Further solutions
Special build and
small series
Batteries and chargers
Order pickers
Accessories
High-rack stackers
Tugger trains
Tow trucks
Trailers
Logistics Systems and Digital Solutions Product Portfolio
Logistics systems
Automated guided vehicles
Racking and
warehouse equipment
Warehouse management
Stacker cranes
Digital solutions
Conveyor technology
Material Handling Equipment Product Portfolio
Warehousing Technology
Pedestrian
trucks
Low level
order pickers
Electric trucks
Stackers
Reach trucks
Diesel/LPG trucks
Order pickers
Hand-pallet trucks
High-rack stackers
Tugger trains
Tow trucks
Trailers
Further solutions
Special build and
small series
Batteries and chargers
Accessories
11
Logistics Systems and Digital Solutions Product Portfolio
Logistics Systems
Automated guided vehicles
Racking and warehouse
equipment
Warehouse Management
Stacker Cranes
Conveyor
Technology
Digital Solutions
12
The Jungheinrich Group’s Growth Strategy
Focal Points of the Group’s Strategy
Core business
Europe
Growth markets in APAC
focussing on China
Logistics
systems business
Mail-order business
‘Counterbalanced
truck’ product
segment
ZIEL: 2020
4
billion euros in
net sales
1
No. 1 brand
in intralogistics (Europe)
13
Product Milestones
1953
1956
Dr. Jungheinrich presents his
first electric forklift truck with a
driver’s seat, the ‘Ameise 55’
First reach truck bearing
the ‘Ameise Retrak’
name
1984
1968
Driverless forklifts
for assembly applications
1996
EFG-VD electric 4WD forklift
truck—the first electric forklift with
a three-phase AC drive system
First ETX high-rack
stacker with a lifting
height of up to 10 m
2011
First series-ready type EJE 112i
electric pedestrian-controlled pallet
truck with lithium-ion technology
14
Going Global
Group headquarters
36 proprietary sales and service companies worldwide
Over 70 partner companies in further countries
15
Production
Germany
Norderstedt
Reach trucks, pallet
stackers
and order pickers
Lüneburg
Tow trucks, trailers,
Special build, small
series and order pickers
China
Landsberg
Pedestrian trucks
Quingpu
Pedestrian trucks, pallet
stackers, electric
counterbalance trucks and
reach trucks
Dresden
Used equipment
USA
Houston
Design Center
Reach trucks and order
pickers
Charlotte
MIAS*
Load handling devices
*MIAS Group acquired in 2015
Moosburg
Counterbalanced trucks
Degernpoint
System trucks
Munich
MIAS*
Load handling devices
Czech
Republic
Moravany
joint venture
Motor technology
Hungary
Gyöngyös
MIAS*
Stacker cranes
Putian
joint venture
Motor technology
Kunshan
MIAS*
Load handling devices
Stacker cranes
16
Research & Development
R&D Expenditures (in million €)
50
55
62
We constantly expand our range of
highly innovative and market-driven
products for the benefit of our
customers.
f(x) = ax3+bx2+cx+d
ax^2+bx+c = 0
2014
2015
2016
Number of Employees Ø (in FTE)
458
434
418
In 2016:
21 product innovations
2014
2015
2016
17
Corporate Social Responsibility
Cooperation with
action medeor
Support of the Hamburg
Kids’ University
Support of
national and
international
projects
18
Awards
2016
2x
2017
2x
12x
2017
awarded
19
Development of the Jungheinrich Share Price
All-time high
10/06/2016
€30.92*
90
80
70
60
50
40
30
20
10
12/31/
2016
0
2013
2014
* Closing quotation on Xetra.
2015
Jungheinrich
MDAX
DAX
All figures are indexed to Jungheinrich’s share price.
20
Jungheinrich Share
Share price in 2016
Dividend proposed
for preferred shares
+ 7.3%
+ 10%
2015–2016
5 and 10-year
returns
Wide
analyst coverage
better than the DAX
and MDAX
21