Oddo Bhf German Conference

RELAUNCH

ODDO BHF GERMAN CONFERENCE

Frankfurt/Main, 21/22 Feb. 2018 LONG Acquisitions TAKEOVER 100% Founding 1989 per Investor PT 3 TO UP

‐ year TERM CHAMPIONS“ PORTFOLIO salse players established Market „HIDDEN SEGMENTS GROUP 4

edr & leaders GESCO

„MITTELSTAND“

EATRENDS MEGA PROFILE end INDUSTRIAL Future

akt ae on based markets COMPANIES PORTFOLIO 17 German Group

oriented >

MLYE WORLDWIDE EMPLOYEES 500 € SITES ~ GROUP

2,500

WORLDWIDE 36

million SALES 01 IN

BRIEF

2 o rvdr o asmrescoet end to close customers markets mass for providers for Components, fluctuation economic Not technology infrastructure and Health of markets, growing Dynamically technology process Production nes auatrn services manufacturing intense plant and machine in solutions automation and Robotics

innovation,

eycyclical, very

oue n rmr products primary and modules

automation,

eaieyrsletto resilient relatively

construction,

bthsz 1“ size „batch

high

technology SEGMENTS

degree

‐ rnpr n odn technology loading and transport materials, of preparation Customised service customer and o eil industry vehicle for markets, Consolidating technology Resource Tools e. by driven outlook market, automotive Cyclical Mobility

electromobility

n moulds, and

e. technology

aeil supply, materials

ehooia leaps, technological components,

ou on focus

primary

positive

at etc. parts niches

BRIEF

3 01.01.2013 22.68 € 100 120 140 160 180 200 220 240 80 SHARE

GESCO RC DEVELOPMENT PRICE

(incl.

div.)

vs.

SDAX

n DAX and

(%) 5

YEARS 12.02.2018 GESCO DAX SDAX 31.15 €

+61.4%

+124.4%

+51.3% THE 01

4 01.01.2017 22.55 € 100 110 120 130 140 150 160 170 180 90 SHARE ANALYSTS‘ GESCO

RC EEOMN YTD DEVELOPMENT PRICE

(incl.

div.)

STATEMENTS 12.02.2018

31.15 € vs.

SDAX Equinet: GSC SMC BHF: Oddo Bankhaus

n DAX and

Research:

Research: SDAX GESCO DAX

35.80

Lampe:

38.00

(%)

41.00

€/ 35.80

€/

40.00 accumulate

€/ buy

€/

buy

€/ hold /

08.02.2018

buy /

/ 21.11.2017 /

14.12.2017

/ 08.02.2018

08.02.2018 DAX SDAX GESCO

THE 01

+5.9% +22.2%

+38.1% SHARE

5 ic 2012/2013. since momentum losing been had model business Long point Starting of GESCO lead to in actions In Action

2016/2017 profitable ‐ standing

oinin motion

growth.

esta set we

successful back

otepath the to PORTFOLIO order

o of lot

PORTFOLIO STRATEGY 2022

TAEY2022 STRATEGY RELAUNCH TAEY2022 STRATEGY 01 PORTFOLIO

6 • • Q1/2016 DECISION Are SITUATION ANALYSE 01 suitable and role GESCO active realize further the

our our

business

existing role to

part

improvement

had developed

achieve

in to

shareholders

model

business its

take

our shareholder

in a

had

goals?

more order potential

model

still

be to PORTFOLIO

• • Q1/2016 DECISION us? for attractive are markets Which TRENDS MEGA ANALYSE 02 aktsegments market on put focus trends mega to related markets growth

Phase

end

customer

nlssterminated analysis

TA EY2022 STRATEGY • • SEGMENTS OF STRUCTURING 03 • • Q2/2016 DECISION future? our on basis the are competences Which custosper acquisitions 3 to up foresees strategy growth focussed for basis 4 Portfolio identified GESCO

Group

competences

segments

ehpdinto reshaped

hc eshape we which

year

• • • • Q3/2016 DECISION do How COMPANY EACH BENCHMARK 04 oiin n margines? and positions resulting support identified potential optimisation for realised Competitive

escr leading secure we

needs

gaps

each

benchmarking

quantified

substantiated TAEY2022 STRATEGY

01 PORTFOLIO company

FOR

7 • • • DECISION do How MANAGEMENT 05 LEVER uisa a as duties portfolio consultative lcmn of placement for prioritization robust ietr & directors

growth

ebs uflour fulfil best we

organization:

shareholder?

companies Q4/2016

& e positions key

support

competitiveness on managing

investments

the

PORTFOLIO

• • • 03 DECISION mix Which GROWTH 06 ogtbetter? get to focus new Increase competitiveness concrete and

anchored focus

cash revenue actions

esrshlsus helps measures

‐ LEVER 04/2016 piiain started Optimizations

working flow in

planning developed

growth

through

capital

and TA EY2022 STRATEGY

METHOD MANAGEMENT 07 • 03 DECISION high maintaining while value added generate holding the can How • • sda kick as used meetings strategy annual ehia ois& topics technical miiu 3 ambitious planning strategic aaesin managers portfolio by consulting Directors Managing the with agreed

ere of degrees

‐

‐ ertargets year

f for off iaca and financial 04/2016 liberty?

projects

• • • 03 DECISION at and values preserve we can How DEVELOPED VALUES 08 n results? and a

strong put and stronger freedom operational initiated been has change cultural

in h same the achievement

utr of culture place

focus have &

degrees ‐

04/2016 CULTURE

time

been on TAEY2022 STRATEGY

performance 01 PORTFOLIO

have obligation

develop

retained of

been

8 rcsigof processing ACQUISITION SIGNING: CLOSING: A ihbrass, with

ikl& nickel REFINING BUSINESS FIELD

DEC. JAN.

ti steel strip copper, zinc OF

2017 2016

ACQUISITION electronics, Profile fiesupply, office untr accessories, furniture EIAE UTMRSERVICE CUSTOMER DEDICATED

oeaccessories, home Pickhardt CUSTOMER edn upirin supplier Leading HIDDEN

oshl appliances, household QUALITY

USPs:

priggoods, sporting CHAMPION

EDR& LEADER &

neirfittings, interior SECTORS

Gerlach 2016/2017

Europe

adcat& handicraft

automotive

Group

packaging,

DIY,

automation, ~ ehooyand technology SPECIALTY tt of state high

€30 SALES STAFF 41

ereof degree

h art the production 01

m M&A

site

9 • • • psignificantly up picked has industry goods Business PORTFOLIO in in Gerlach of acquisition Portfolio results show to begin projects in

urn iaca year financial current time first the for P+L progress,

Group,

ciiyin activity teghndby strengthened

TAEY2022 STRATEGY optimisation

Pickhardt FINANCIAL

included

capital

• • • Negative disporportionately grew earnings significantly, increased sales and orders Incoming €+1.7 on agreement to Positive of decison to t divisions: its of one discontinue to Dynamic

one

ER2017/2018 YEAR ‐

€ off

‐ a off

‐

eeomn in development company 2.0

fetdue effect

fetdue effect a

a issue: tax m

• • not currently Dörrenberg proceedings rm5.4% from increased margin EBIT Impact

is iemonths nine first

included

not antitrust

o7.5 to

dlth GmbH Edelstahl

against

in quantifiable,

3figures Q3

‐

Q1 • • • not Dörrenberg proceedings Impact respect increased financial Operating on still sales and intake order expected, than stronger Q4

‐ a included

Q3 high

of to

year

level

antitrust especially guidance earnings

dlth GmbH Edelstahl

against in

significantly

outlook 02 Q1

for with ‐ Q3

full

10 Employees shares of number average Weighted EBIT EBITDA Sales orders Incoming annsper Earnings Group tax before Earnings

e noeafter income net

hr usatt IFRS to pursuant share FINANCIAL

ioiyinterest minority

No. 9,969,471 No. €m €m €m €m €m €m IUE IN FIGURES € 2016/2017 357.5 376.4 2,526 Q1 0.98 17.8 19.9 35.7 9.7 ‐ Q3

2017/2018 10,832,475 404.4 407.9 2,482 Q1 16.4 1.51 29.9 31.5 49.4 ‐ Q3

+68.2 +54.1 +67.7 +57.7 +38.6 +13.1 +8.4 +8.7 ‐

1.7 hneRemark Change DETAIL

% % % % % % % % % tf olne nldd(115) included longer no staff time first the for included staff PGW‘s March from due Increase Disproportional Disproportional organic: organic: due utilisation, capacity aorbeodrmix order favourable

ohge no. higher to

(37

+5.9 +1.2 employees),

2017

ocptlincrease capital to % %

development growth,

fshares of

temporary

Protomaster‘s 02

better Q1 ‐ Q3

11 emn m € Segment TECHNOLOGY MOBILITY HEALTH TECHNOLOGY RESOURCE PRODUCTION TECHNOLOGY TECHNOLOGY INFRASTRUCTURE

PROCESS SEGMENT

EBIT Sales orders Incoming EBIT Sales orders Incoming EBIT Sales orders Incoming EBIT Sales orders Incoming 2016/2017 166.4 173.5 Q1 53.3 59.7 62.3 87.8 87.2 13.7 45.2

3.4 8.7 1.4 ‐ Q3 DEVEL0PMENT 2017/2018 205.4 202.2 Q1 56.0 54.5 53.3 96.6 96.4 27.8 48.4 ‐ 0.4 9.5 2.0 ‐ Q3 lal agn eidinitial behind lagging clearly of one discontinue delivered 2adQ3; and Q2 GmbH € declining; clearly manufacturing oautomation; to demand; customer Lively oddmn o at o eilproduction, serial for parts for demand Good of development demand, customer Lively environment, strong Extraordinarily ‐ 2.0

odon sold

eas a because

Pickhardt

omlsto of normalisation

akt ls oend to close markets Dec.

3icesn ubrof number increasing Q3

t divisions; its otoi opn eie to decided company portfolio

2017 &

1wt seilyfavourable especially with Q1

Gerlach

emn eeisfo positive from benefits segment emn eeisfo trend from benefits segment

via

expectations;

MBO agn on margins

emn development segment

nlddfrtefrttime first the for included negative

customers

one

Protomaster

a machines

high

‐ but 02 off Q1

ee in level tool fetof effect ‐ Q3

12 expected, Q4: for figures Preliminary 100.000 120.000 140.000 160.000 20.000 40.000 60.000 80.000 €‘000 0 2017/2018

uiesatvt still activity business 1Q 3Q 1Q 3Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 062017 2016

etrthan better

on –Q4

high 122 O

level 125 S oeaigbsns Oct. business (operating ORDER AE Q4: SALES

NAEQ4: INTAKE wtotodrbclgof backlog order (without

+15% ORDER O

hc a ensl in sold been had which = re nae(left) intake order

YOY +17% approx.

AKO END BACKLOG

oDec. to

YOY

ilo S= million €

195 €

Protomaster

2017)

Dec.

OF 2017) 144 O

Q4: ae (right) Sales

GmbH 144 S 02

Q4 million €

13 ENVIRONMENT after IMPROVED rdcinforecast Production German VDMA +1,4%

er of years +3% FORECAST

o+1,8% to GDP

stagnation

2017

OUTLOOK Group Group after acc. per Earnings GESCO year financial full for Expectations 3 1) 

sat as sat as

oIFRS to Outlook urel ttmn 3fo 14 from Q3 statement quarterly

nulacut press accounts annual ioiyinterest minority

sales e income net 4)

GROUP share

asdsgiiatyepcal ihrgr oearnings to regard with especially significantly raised

ofrneon conference

€m €m 2017/2018 €

Feb. 2016/2017

2018 Actual

29 482.5 0.79

June 7.9

2017 no. 2017/2018 6/2017

Outlook of

o1.66 to

hrsicesddue increased shares o530 to o18 to 2) 1.57 sat as 510

1) 17

iaca eotH1 report financial

2017/2018 11/2017 Outlook 1.66 530

ocptlices rmMarch from increase capital to 2) 2017/2018 approx. 2/2018 Outlook o1.94 to

rm14 from o21 to 1.84 545 20

Nov.

o+166% to o+145% to

Change 2017 yoy +153% +133% +13%

OUTLOOK 03

2017

14 OUTLOOK

2017/2018 . . . Ad Impact a quantifiable, In Dörrenberg Antitrust ‐ hoc

90% ‐ depth . .

from

Impact Impact outlook nine subsidiary

analysis proceedings

12.12.2017 earnings

months

dlth GmbH, Edelstahl

therefore:

not not

for

included included full

figures not GESCO. progress.

FY against

yet

2017/2018

in in

2017/2018

OUTLOOK 03

15 TECHNOLOGY MOBILITY TECHNOLOGY INFRASTRUCTURE HEALTH TECHNOLOGY RESOURCE TECHNOLOGY PRODUCTION

PROCESS xetdSegment Expected EBIT Sales EBIT Sales EBIT Sales EBIT Sales OUTLOOK companies by xetdaoeprev. above expected due Segment ae n annsaeepce lal eo prev. below clearly expected are earnings and Sales of demand lively from Benefits and sales Profitable and sales

Development one

oadto of addition to ‐ off

eeisfo rn oautomation, to trend from benefits

annsepce lal bv prev. above clearly expected earnings prev. above expected earnings

rai rwhplus growth organic xessfrgot n piiainpoet in projects optimisation and growth for expenses

Pickhardt

ersfigures, year‘s

o ulFY full for

strong

Gerlach end

customers;

lhuherig r burdened are earnings although

external

Group;

ersfigures year‘s

growth

ae n earnings and sales

year

erslevel year‘s OUTLOOK 03

invidivual

16 curn pt 3 to up acquiring orahteabtosgasagreed goals ambitious the reach to edn GESCO leading profitable mlmnigmaue in measures implementing GESCO ihtemngn directors managing the with per GESCO

erwt intensified with year & activities M&A

rwhb consistently by growth

ACQUISITIONS

GOALS PORTFOLIO

back

Hidden

otept of path the to

Champions

order

PORTFOLIO

EXTERNAL INTERNAL GROWTH GROWTH ≥

8% TA EY2022 STRATEGY utial ecigthe reaching sustainably agtdEBIT targeted crepnst a to (corresponds GESCO 4% after

of y2022 by

ioiyinterest) minority Group

GROUP

agnof margin e income net

margin TAEY2022 STRATEGY Strategy2022 0503 PORTFOLIO

roughly Portfolio

17 (private

investor, ebrsne2013) since member ~ STEFAN te private other uevsr board supervisory 13.7 35.9

entrepreneur,

HEIMÖLLER

investors

% %*

Shareholder ACC. APPENDIX DEUTSCHE 86.3%

FREEFLOAT TO

DEFINITION

Structure BÖRSE

te ntttoa investors institutional other ~ 36.0 in investor, (institutional FÜR INVESTMENTAKTIENGESELLSCHAFT 14.4

uevsr or ic 2017) since board supervisory

LANGFRISTIGE

%* %

INVESTOREN

represented *

estimate

TGV

18 emn Company/Group Segment TECHNOLOGY MOBILITY HEALTH TECHNOLOGY RESOURCE TECHNOLOGY PRODUCTION TECHNOLOGY INFRASTRUCTURE

PROCESS infcn GESCO Significant ul1,8 1 80% 80% 111 69 13,583 13,760 Setter Hubl Haseke Franz W 2301280% 112 12,330 VWH öe 52910100% 100 15,229 90% 100% 184 85 41,035 12,993 Modell Dömer Paul Frank AstroPlast SVT Pickhardt Dörrenberg MAE Georg C.F.K. Werkzeugbau

ee 04913100% 113 10,469 Beier Group

uk 6758 80% 82 16,705 Funke

Group Group Kesel

ehi 13915100% 115 11,399 Technik

Group Gerlach

ru 0745 90% 58 10,784 Group

APPENDIX Laichingen

ru 9504 100% 41 29,500 Group

Group

companies ae 2016 Sales 8,0 2 90% 523 181,108 €‘000 68510100% 100 26,805 9932590% 285 29,993 28622100% 222 42,886 34812100% 172 23,448 ,8 680% 66 8,586 31.12.2016 Staff GESCO Share

19 1 Financial OPERATING st Jan

year

0731 2017

COMPANIES 1 Financial GESCO st Apr

AG/GESCO laenote: Please

year

0731 2017

GROUP APPENDIX

different

iaca year financial st e 2017 Dec st Mar

2018

20 eintdSosr:euntBank equinet Sponsors: Designated End Sec. hrs 10,839,499 1989 Shares: Share Founded: GESCO FOR FIGURES AND FACTS P:24 DE000A1K0201 IPO: ISIN: Stock

of dniiainNme:A1K020 Number: Identification

akt:Xetra; markets: aia:€10,839,499 € capital:

iaca er 31 year: financial Oddo München, Berlin,

March March

ede Bank Seydler

Frankfurt Düsseldorf,

1998

Stuttgart

AG registered

rgltdmarket); (regulated

Hamburg,

(open

shares GESCO

market)

APPENDIX Hannover,

Facts

n Figures and

21 21/22 14 CALENDER FINANCIAL 14 28 14 30

eray21 Q3 2018 February November June August August

eray2018 February

08Annual 2018

08Annual 2018 08Q iue (01.04. figures Q1 2018

08Q iue (01.04. figures Q2 2018

doBFGerman BHF Oddo Analysts’

iue (01.04. figures

Accounts General

Meeting

Meeting,

Press ‐ ‐ ‐

Conference, 31.12.2017) 30.09.2018) 30.06.2018)

ofrne/ Conference

Wuppertal Financial APPENDIX

Frankfurt/Main

Calender

22 GESCO INVESTOR 42103 oanseg7 Johannisberg Oliver Investor Germany

olrctEal [email protected] Email: Vollbrecht

Wuppertal GPhone: AG

eain Fax: Relations

RELATIONS

e:www.gesco.de Web:

+49 +49

202 202 Investor

24820 24820 APPENDIX

‐ ‐ 18 49

Relations

Contact

23 www.gesco.de