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Version vom 20.02.2006 Commerzbank – Growth & Responsibility 2006 CCR Logistics Systems AG Networking with Competence Achim Winter (CEO)
Version vom 20.02.2006
Commerzbank – Growth & Responsibility 2006
CCR Logistics Systems AGNetworking with Competence
Achim Winter (CEO)
Growth & Responsibility 20062
Contents
1. Business model
2. Core competences
3. Growth strategy
4. Financials
5. Outlook
6. Investment case
Growth & Responsibility 20063
CCR specializes in the management of take-back systems
CCR develops take-back systems with comprehensive logistics processes and IT-supported reporting and clearing as an international outsourcing partner for industry and commerce
Customers of CCR directly benefit from the transition of process responsibilities through improvements in terms of time, quality and budget
CCR is the only market player having a European-wide offering of services from one single source, from concepts to operations
CCR specializes in the management of take-back systems
Summary
Growth & Responsibility 20064
CCR stands for many years of expertise in the management of take-back systemsHistory
Corporate history
1991
1995
1997 2000 2004
1999 2003
Foundation as CCR Car Components Recycling GmbH
Contract BMW
ContractVolkswagen
IPO
Foundation CCR Spain and CCR UK
FoundationCCR Italy
Foundation CCR Switzerland
Contract ERP (Sony, Electrolux, Gillette,Hewlett-Packard)
2005Foundation C Clearing and CCR Austria
FoundationCCR Poland
2006
Growth & Responsibility 20065
CCR is the outsourcing partner for the entireproduct lifecycle of the return chainTake-back logistics
Replacement, guaranty & warranty
Distributionlogistics
Take-backlogisticsRecycling
Processing Collection
Placing on the market (at the PoS)
DistributionProduct creationSupply Chain
Central reportingand clearing
Central control of micrologistics
ReturnChain
Growth & Responsibility 20066
CCR offers customers a regionally optimized collection...Comprehensive coverage
Collection, transport, short-term storage, treatment,reprocessing
Growth & Responsibility 20067
...with a simultaneous central control all over EuropeComprehensive coverage
Collection, transport, recording, treatment,recycling
Growth & Responsibility 20068
CCR has excellent expertise in four industry sectors
Comprehensive waste and warranty parts management
Industry examples
Automotive
Electronics
Industry & Commerce
Construction
Management Waste Electrical and Electronic Equipment and warranty parts
Plant disposal, deposit island solution, deposit clearing
Logistics coordination of large building site
Industries Customer groups Operating services Network
Automotivemanufacturers, dealerships andsuppliers, gas stations
Manufacturers of electrical and electronic equipment, retail store chains, lamp industry
Beverage producers and bottlers, retail and discount, industry
Large building projects
Europe
Europe
Germany
Germany
BMW, VW Group, VARTA, Citroën, Toyota, Porsche
ERP, Osram, Hewlett - Packard, Candy
Red Bull, Linde, Adelholzener, DeTe Immobilien,Kabel Deutschland
Leonhard Weiss, JVs
Customers
Growth & Responsibility 20069
Reporting and clearing
RecyclingLogistics
IT development and integration
CCR generates sales revenues at all levels of the value chain of take-back systemsValue added
Analysis, planning and concept
Analysis of customer needs
Planning and concept of take-back systems
Consulting
Software development
Customizing
Customer integration
Collection
Separation
Physical recycling
Treatment
Reutilization
Disposal
Quantity flow verification
Deposit clearing and distribution
Quality assurance
Growth & Responsibility 200610
Contents
1. Business model
2. Core competences
3. Growth strategy
4. Financials
5. Outlook
6. Investment case
Growth & Responsibility 200611
The performance pyramid of CCR is based on strong core competences and industry solutionsFocal areas
Automotive Electronics
ConstructionIndustry & Commerce
Industry knowledgeIT excellenceLogistics experienceRegulatory knowledge
Serv
ices
Core competences
Industry solutions
Consulting Logistics
IT solutionsReporting & Clearing
Growth & Responsibility 200612
Contents
1. Business model
2. Core competences
3. Growth strategies
4. Financials
5. Outlook
6. Investment case
Growth & Responsibility 200613
CCR pursues three strategic directions of impact to boost sales revenuesStrategic directions
Expansion of existing customers outside Germany
Internationalization
Tapping of volume and process potentialsProcurement optimization
Extension of ERP systemIntroduction of C Clearing on the marketEstablishment of take-back systems for warranty parts
Impact Sales strategies
Broaden impact at value chain
Development of new business lines
Value-driving factors
Customers from the sectors Automotive and Electronics have a European presence
Need for take-back systems results from European legislation
With some 80% of the automotive customers CCR cooperates on more than one national market
Sales revenues increased in Automotive by 20% within 4 years (with existing market leadership)
No Automotive customer uses the whole range of services of CCR so far
New solutions within the process chain
In Electronics the Europe-wide legislation ensures a multiplication of revenue potentials: from 2005 to 2007 we anticipate an increase by EUR 40 million
Launch of national clearing entities for non-refillable packages subject to a deposit; targeted market share 25%.
Growth & Responsibility 200614
Contents
1. Business model
2. Core competences
3. Growth strategy
4. Financials
5. Outlook
6. Investment case
Growth & Responsibility 200615
Key data of the Group 2005 (preliminary)
Sales revenues (IFRS) 32,564 T EUR + 30 %
Operating result (EBIT) 1,583 T EUR + 34 %
Group result 1,616 T EUR + 41 %
EBIT Margin 4,86 % + 2.75 %
Cash flow 1,213 T EUR + 38 %
Equity ratio 51,82 % - 0.42
Key data
Growth & Responsibility 200616
Forecast2006
Sales revenues
EBIT
YTD YTD
Sept 05 Sept 04 Dec 04
53.0 +70%
2.5 +60%
FY
2006
Difference in
percentage
Growth & Responsibility 200617
Contents
1. Business model
2. Core compentences
3. Growth strategy
4. Financials
5. Outlook
6. Investment case
Growth & Responsibility 200618
Growth in core business and projects in future-relevant markets will determine the next 12 months
Growth in sales revenues in the core business 2006: ~10% p.a.
Disproportionately high sales revenue potentials
in Electronics
in Clearing of non-refillable packages
in the field of warranty
Selected individual projects until the end of 2006
Building up of the structures for market development in the field of WEEE, with new CCR companies in Austria and Poland
C Clearing GmbH
Building up / management of take-back systems of warranty parts
Outlook 2006
Growth & Responsibility 200619
Stock exchange listings
Stock exchange listing
November 16, 1999: IPO (prime market) Munich Stock Exchange
June 10, 2004: Regular market (General Standard) Frankfurt Stock Exchange
June 01, 2005: m:access Munich Stock Exchange
June 30, 2005: Regular market (Prime Standard) Frankfurt Stock Exchange
September 2005: German Enterpreneurial Index (GEX)
Milestones
Growth & Responsibility 200620
Contents
1. Business model
2. Core competences
3. Growth strategy
4. Financials
5. Outlook
6. Investment Case
Growth & Responsibility 200621
There is no competitor who offers our services in such a comprehensive and international mannerCompetitors
Automotive
Electronics
Industry & Commerce
Construction
Industries Competitors
ZentekRSTvan Gansewinkel
GeodisInterserohRemondis
VfW, Rhenus, Interseroh, DSD, Local logistics and waste management companies
Local logistics and waste management companiesZentek
Growth & Responsibility 200622
The peer group at the capital market is rather characterized by distribution logistics
Dt. Post
Thiel-Logistik
Müller – die lila Logistik
D.Logistics
Interseroh
Peer group
Peer group
Take-back logistics
Capital market
Take-back logistics tend to be under-represented on the capital market
Growth & Responsibility 200623
The share illustrates the appreciation of the capital marketCCR share
Share price on Feb. 24th,2006 EUR 7.10
52 week high EUR 7.25
52 week low EUR 2.77
Market capitalization EUR 53.97 million
Overview of share prices
Growth & Responsibility 200624
Globally operating blue chips represent a significant share of CCR’s customer portfolioCustomers
EuropeanRecyclingPlatform
Growth & Responsibility 200625
Thank you for your attention! CCR Logistics Systems AGKarl-Hammerschmidt-Str. 36D 85609 DornachTel +49 89 49049 100Fax +49 89 49040 101Email [email protected]
Contact
CCR specializes in the management of take-back systems
