SinterCast Results October-December 2013

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            First high volume petrol engine begins series production
             Full-year record revenue and installation performance

Fourth Quarter 2013
  * Revenue for Period: SEK 14.4 million (SEK 14.4 million)
  * Operating Result: SEK 2.1 million (SEK 2.0 million)
  * Earnings per Share: SEK 0.3 per share (SEK -0.5 per share)
  * Cashflow from Operations: SEK 7.6 million (SEK 1.8 million)
  * Accolades for SinterCast-CGI engines in year-end automotive awards
      * Ford 2.7L V6 petrol engine with SinterCast-CGI block declared "game
        changer"
      * Ram 1500 wins Motor Trend Truck of the Year award with SinterCast-CGI VM
        Motori 3.0L V6 diesel
      * Ram 1500 3.0L V6 diesel engine captures a coveted Wards 10 Best Engine
        award
      * Navistar Terrastar wins ATD medium-duty Truck of the Year award with
        SinterCast-CGI 6.4L V8

Full year 2013
  * Revenue: SEK 51.9 million (SEK 45.9 million)
  * Operating Result: SEK 7.3 million (SEK 1.0 million)
  * Earnings per Share: SEK 1.2 per share (SEK -0.5 per share)
  * Cashflow from Operations: SEK 14.4 million (SEK 1.3 million)
  * Dividend: Proposed ordinary dividend of SEK 1.2 per share (SEK 1.0)
  * Installed Base: 23 fully automated systems and 16 mini-systems in Europe,
    Asia and the Americas

Series Production*
For graph see PDF
Series  production  remained  stable  at  1.6 million  Engine  Equivalents  (1.2
million) during the fourth quarter, with record production of 1.8 million Engine
Equivalents in October being offset by traditionally low December shipments.

* Annualised average production of Engine Equivalents during the quarter (1
Engine Equivalent = 50 kg)

CEO Comments

Series production increases 33%, led by commercial vehicle gains
Annualised  series production during the  fourth quarter was 1.60 million Engine
Equivalents, providing a 33% year-on-year increase.  The production was led by a
100% increase  in commercial  vehicle volume  compared to  the fourth quarter of
2012, benefitting from resumed production of the Navistar 13L cylinder block and
the  start of series production in the second quarter of 2013 of new high volume
cylinder block programmes for Scania and one other European OEM. Gains were also
realised  in the passenger vehicle sector as the front-running Ford 6.7L V8 used
in  Super Duty pick-up applications  continued to increase and  as the VM Motori
3.0L V6   diesel  became  SinterCast's  fifth  engine  programme  to  crack  the
annualised 100,000 Engine Equivalent barrier early in the year.

During  the fourth  quarter, SinterCast  began series  production of the world's
first  high volume CGI  petrol engine at  the Tupy foundry  in Saltillo, Mexico.
 The  engine was revealed by Ford  at the 2014 North American International Auto
Show on 13 January, as an integral component of the 2015 F150 pick-up truck, and
a  key contributor to  the saving of  up to 700 pounds  (318 kg) compared to the
2014 model.   The 2.7L CGI V6 was  heralded as a "game  changer" in the industry
and,  with application in North America's  best-selling vehicle, provides a high
profile first reference for CGI in petrol applications.  The industry's year-end
awards provided further accolades for SinterCast-CGI engines, with the Ram 1500
becoming  the first pick-up truck  to win back-to-back Motor  Trend Truck of the
Year  Awards  following  the  introduction  of the 3.0L V6 SinterCast-CGI diesel
engine,  while the engine itself received  a coveted Wards 10 Best Engine award.
 After  earning a best-in-class  28 mpg highway (8.4  litres/100 km) rating from
the  EPA on 4 February, sales of the  Ram diesel pic-up began on 7 February.  In
the  commercial vehicle sector,  the American Truck  Dealers association awarded
its  medium-duty  commercial  vehicle  Truck  of  the Year award to the Navistar
Terrastar 4x4 equipped with a SinterCast-CGI 6.4L V8 engine.

Record installation revenue
With the order of a new System 3000 Plus in October, SinterCast achieved a third
consecutive  record year  for new  installation commitments.   The installation,
undisclosed  at the  time due  to a  customer blackout  period, is  destined for
Tupy's  recently commissioned  Foundry C  production line  in Joinville, Brazil.
 The  installation was ordered to accommodate  increased demand for CGI cylinder
blocks  and becomes Tupy's  fifth SinterCast installation,  extending its global
lead  for CGI production  capability.  The Tupy  installation was the third full
System  3000 installation commitment during 2013, following installations at the
Halberg  foundry in Germany and at the  Scania foundry in Sweden.  Combined with
Mini-System  3000 installations at  the University  of Alabama  in the US and at
Jiangling  Motors  Corporation  (JMC)  in  China,  and  the  installation  of an
automatic base treatment station to upgrade an existing System 3000 installation
at  Tupy  to  the  full  System  3000 Plus  capability,  2013 provided  six  new
installations  and  surpassed  the  previous  installation revenue record set in
2012.

The  positive installation activity  continued in January  2014 with a new order
for  a  System  3000 Plus  from  one  of  China's  largest  automotive component
conglomerates.  The installation is planned to  be commissioned at the company's
new  purpose-built  CGI  foundry  in  China  during the second quarter of 2014.
 SinterCast  will also supply  the mechanical infrastructure  for the cored-wire
base  treatment  and  correction  operations  and will provide technical support
during  the  installation  and  start  of  production.  Series production of CGI
engine   components  for  commercial  vehicle,  off-road  and  stationary  power
applications is planned to begin before the end of 2014.

SinterCast  continues  to  provide  technical  support  for  product development
programmes  for  passenger  vehicle,  commercial  vehicle  and  industrial power
applications  in  Europe,  Asia  and  the  Americas.   It  is estimated that the
combined   potential  of  the  current  series  production  programmes  and  the
programmes  currently  under  development  represents  a  market  opportunity of
approximately  4.7 million Engine Equivalents per  year within SinterCast's five
year  planning horizon.  It is  further estimated  that the  programmes that are
currently  in series  production have  the potential  to provide  more than 2.5
million Engine Equivalents when they reach mature volume.

Ductile iron technology
Internal  development and field trials of  the ductile iron technology continued
through  the  quarter,  and  market  opportunities remain under discussion.  The
SinterCast  ductile iron technology is expected to provide an additional benefit
to  customers  by  reducing  magnesium  consumption,  improving  mould yield and
reducing casting defects in the foundry, and by improving machinability.

Financial Summary
Revenue
The revenue for the SinterCast Group relates primarily to income from equipment,
series production and engineering service.

Revenue Breakdown                October-December               January-December

(Amounts in SEK million if not     2013      2012    2013                   2012
otherwise stated)
--------------------------------------------------------------------------------
Number of Sampling Cups shipped  28,600    21,500 118,500                102,400

Equipment (1)                       4.2       7.0    10.1                    9.0

Series Production (2)              10.0       7.2    40.2                   35.8

Engineering Service( 3)             0.2       0.2     1.4                    1.0

Other                               0.0       0.0     0.2                    0.1
--------------------------------------------------------------------------------
Total                              14.4      14.4    51.9                   45.9
--------------------------------------------------------------------------------


Notes: 1. Includes revenue from system sales and leases and sales of
          spare parts

       2. Includes revenue from production fees, consumables and software
          licence fees

       3. Includes revenue from technical support, on-site trials and
          sales of test pieces


The  October-December  2013 revenue  amounted  to  SEK  14.4 million  (SEK 14.4
million).  The revenue is the  same as the fourth  quarter of 2012, despite that
the  installation revenue  was SEK  2.8 million lower.  The revenue  from series
production  increased by 39% to  SEK 10.0 million (SEK  7.2 million), due to the
production   of   approximately  1.6 million  (1.2  million)  annualised  Engine
Equivalents and the shipment of 28,600 (21,500) Sampling Cups. Equipment revenue
amounted  to  SEK  4.2 million  (SEK  7.0 million),  following the shipment of a
complete  System 3000 Plus to Tupy, Brazil.  Engineering Service amounted to SEK
0.2 million  (SEK 0.2 million)  following support  provided primarily to Chinese
customers and to various other customers globally.

The  January-December  2013 revenue  amounted  to  SEK  51.9 million  (SEK 45.9
million).   The revenue  from series  production increased  by 12% to  SEK 40.2
million  (SEK 35.8 million),  due higher  series production  and the shipment of
118,500 (102,400) Sampling Cups.  Equipment revenue amounted to SEK 10.1 million
(SEK  9.0 million), primarily  related to  the new  System 3000 installations at
Tupy  Foundry C in  Brazil, Halberg in  Germany and Scania  in Sweden; the Mini-
System  3000 shipments to  the University  of Alabama  in the  US and  to JMC in
China;  and,  the  automated  base  treatment  control  system (System 3000 Plus
upgrade)  at Tupy, Brazil. The revenue  from the leased installations is accrued
over the lease period.

Results
The  business  activities  of  SinterCast  are  best  reflected by the Operating
Result.  This is because the "Result for the period after tax" and the "Earnings
per  Share"  are  influenced  by  the  financial  income  and  costs  and by the
revaluation of tax assets.

Results Summary                               October-December January- December

(Amounts in SEK million if not otherwise      2013        2012 2013         2012
stated)
--------------------------------------------------------------------------------
Operating Result                               2.1         2.0  7.3          1.0

Result for the period after tax                2.1        -3.6  8.1         -3.7

Earnings per Share (SEK)                       0.3        -0.5  1.2         -0.5
--------------------------------------------------------------------------------


The  October-December 2013 Operating Result of SEK 2.1 million (SEK 2.0 million)
increased  as a result of  higher gross results of  SEK 0.6 million derived from
higher  revenue,  higher  operational  expenses  of  SEK  0.4 million, and lower
exchange gains from operating receivables and liabilities of SEK 0.1 million.

The  Result  for  the  period  after  tax  amounted to SEK 2.1 million (SEK -3.6
million),  primarily related to an increase in  the Operating Result of SEK 0.1
million,  the increased financial  net of SEK  0.3 million and decreased tax net
expense of SEK 5.3 million.

The January-December 2013 Operating Result of SEK 7.3 million (SEK 1.0 million),
increased  as a result of  higher gross results of  SEK 5.1 million derived from
higher  revenue  and  lower  operational  expenses  of SEK 1.3 million and lower
exchange gains from operating receivables and liabilities of SEK 0.1 million.

The  Result  for  the  period  after  tax  amounted to SEK 8.1 million (SEK -3.7
million),  primarily related to an increase in  the Operating Result of SEK 6.3
million,  the decreased financial  net of SEK  0.8 million and decreased tax net
expense of SEK 6.3 million.

Deferred Tax Asset
Tax  amounted to SEK 0.6 million (SEK  -5.7 million) during the January-December
2013 period,  of which  SEK 5.4 million  of the  difference is  explained by the
change  in  the  Swedish  corporate  tax  rate from 26.3% to 22% as of 1 January
2013, SEK  0.8 million is  explained by  the increase  of the deferred tax asset
that was made during the first quarter 2013 and SEK 0.1 million is tax in China.
The  estimated  future  taxable  profit  and  deferred  tax asset calculation is
reassessed  every quarter. As of 31 December 2013, SEK 128.5 million (SEK 125.1
million)  of SinterCast's total carried-forward tax losses have been used as the
basis  of  the  updated  calculation,  resulting  in SEK 28.3 million (SEK 27.5
million)  being capitalised as a deferred tax asset. The main uncertainty factor
for  SinterCast continues to be  the timing of the  CGI market ramp-up.  This is
the main reason not to increase the estimated carried-forward tax at this time.

Employee Stock Option Programme
As  of 31 December 2013, the  total cost of  the employee stock option programme
2009-2013 was  SEK 3.5 million (SEK 2.9 million).  During  2013, SEK 0.8 million
(SEK  0.4 million) was accounted  for as IFRS-2 and  social costs related to the
option  programme. The final tranche of the options in the employee stock option
programme  2009-2013 was  exercised  during  the  fourth quarter.  The employees
exercised  114,480 warrants at the  subscription price of  SEK 50.34 and a total
amount  of SEK 5.8 million was  paid to the Company.  The increase of the equity
and cash was SEK 5.6 million, after expenses and fees related to the exercise of
the options.


Cashflow, Liquidity and Investments

Cashflow Summary                              October-December January- December

(Amounts  in  SEK  million  if  not otherwise 2013        2012 2013         2012
stated)
--------------------------------------------------------------------------------
Cashflow from operations                       7.6         1.8 14.4          1.3

Cashflow from investment activities           -0.1        -1.4 -0.6         -1.6
Cashflow from financing activities             5.6           - -1.4        -11.9
--------------------------------------------------------------------------------
Cashflow total                                13.1         0.4 12.4        -12.2

Liquidity                                     47.8        35.4 47.8         35.4
--------------------------------------------------------------------------------

The October-December 2013 cashflow from operations was SEK 7.6 million (SEK 1.8
million).  The SEK  5.8 million increase  in cashflow  was primarily  related to
increased  operating liabilities (SEK 4.6 million)  linked to accrued social tax
and  income tax cost (SEK 2.1 million),  payable in January 2014, related to the
employee  stock  option  programme  2009-2013 and  to  other  accrued  personnel
expenses.

Cashflow  from financing activities increased by SEK 5.6 million calculated from
net  contribution from the new  share issue in conjunction  with the exercise of
the  employee stock  option programme  2009-2013, resulting in  a total cashflow
result  of SEK  13.1 million (SEK  0.4 million), after  investments of  SEK 0.1
million (SEK 1.4 million).

The  January-December 2013 cashflow  from operations  was SEK  14.4 million (SEK
1.3 million). The increased cashflow of SEK 13.1 million was primarily linked to
the  operations before  change in  working capital  (SEK 4.6 million) and due to
change  in  working  capital  (SEK  8.5 million),  of  which SEK 6.9 million was
related to increased operating liabilities.

Cashflow  from financial activities was SEK -1.4 million, as a result of the new
share issue in the amount of SEK 5.6 million, less the dividend that was paid to
shareholders  in the  amount of  SEK 7.0 million  (SEK 11.9 million).  The total
cashflow  result  for  the  period  was  SEK  12.4 million  (SEK -12.2 million),
resulting  in SEK  47.8 million (SEK  35.4 million) in  liquidity on 31 December
2013. Investments amounted to SEK 0.6 million (SEK 1.6 million).
Risks and Uncertainty Factors
The main uncertainty factor for SinterCast continues to be the timing of the CGI
market  ramp-up.  This primarily depends on  OEM decisions for new CGI products,
the  global economy for new  vehicle sales, and the  individual sales success of
vehicles  equipped  with  SinterCast-CGI  components.  The  European  and  Asian
economies  continue to  be uncertain  and this  may impact passenger vehicle and
commercial  vehicle sales. SinterCast's diversification between V-diesel engines
for   passenger   vehicles,  commercial  vehicle  engines,  exhaust  components,
industrial  power engines  and most  recently, the  first high volume CGI petrol
engine  launch, combined  with its  presence in  Europe, Asia  and the Americas,
reduces  the  dependence  on  individual  product  applications and geographical
regions.

SinterCast  enjoys global  brand recognition  and respect  as the CGI technology
leader  and is welcomed by  the industry as a  reliable and trustworthy partner.
However,  virtually every company  encounters competition, and  SinterCast is no
exception.   SinterCast  judges  that  its  technology  and engineering know-how
provides  the most reliable and cost-effective solution for series production of
high quality CGI.

New powertrain technologies, such as vehicle electrification (hybrid and plug-in
vehicles)  and  fuel  cells  attract  significant  media attention; however, the
development and implementation of these technologies remain a long-term prospect
and  SinterCast does not expect these  technologies to have a significant effect
on the Company's competitive position for the foreseeable future.

For  full risk and uncertainty factor information, please see note 26 on p.42 in
SinterCast's Annual Report 2012

Organisation
With  successful high volume CGI production in foundries located in Europe, Asia
and  the  Americas,  SinterCast  has  established  a  global  organisation  with
employees  and offices in  Sweden, the United  Kingdom, the United States, China
and  Korea. As of  31 December 2013, the Group  had 17 (19) employees, following
the  reassignment  of  two  individuals  from employees to retained consultants.
 Three  (three) of the employees  are female. The Company  is well positioned to
support global market activities and to drive SinterCast's future growth.

Parent Company
SinterCast  AB (publ) is  the Parent Company  of the SinterCast  Group, with its
registered  office located in Stockholm, Sweden.  The Parent Company has 12 (15)
employees,  due  in  part  to  reassignment  of  Chinese  personnel to the local
company.  The majority of the operations are managed by the Parent Company while
local  operations  in  the  UK,  USA,  Korea  and China are managed by the local
companies.   The information given  for the Group  in this report corresponds in
all material respects to the Parent Company.

Patents
SinterCast  currently holds 13 (11)  patents, granted or  pending, and maintains
44 (43)  individual  national  phase  patents  worldwide.  These patents address
SinterCast's  metallurgical  technology,  thermal  analysis,  the  Sampling Cup,
product applications and machining.

Accounting Principles
The  information provided on behalf of the Group in this interim report has been
prepared  in accordance  with Sweden's  Annual Accounts  Act and  IAS 34 Interim
Financial  Reporting. The reporting for the  Parent Company has been prepared in
accordance  with Sweden's Annual Accounts Act  and RFR 2. Except for the change,
described  in  the  first  quarter  report  2013, of  the  amendment  in  IAS 1
(Presentation  of Financial Statements), the  accounting policies that have been
applied  for  the  Group  and  the  Parent  Company  are  in  agreement with the
accounting policies used in preparation of the Company's latest annual report.

No  material transactions have  taken place between  SinterCast and the Board or
the  Management during the period, except for  the exercise of the final tranche
of the employee stock option programme 2009-2013.

Events after the Balance Sheet Date
There  have  been  no  significant  events  since  the balance sheet date of 31
December  2013 that  could  materially  change  these financial statements.  The
following press releases have been issued:

14 January 2014 - SinterCast technology features at North American International
Auto Show
16 January  2014 - SinterCast secures process  control contract for new purpose-
built Compacted Graphite Iron foundry in China
29 January  2014 - Tupy  begins series  production of  CGI cylinder head for MTU
industrial power engine

Nomination Committee
The Nomination Committee, elected by the Annual General Meeting 2013, consists
of Karl-Arne Henriksson, Chairman, Ulla-Britt Fräjdin-Hellqvist and Andrea
Fessler. Shareholders wishing to provide input or proposals should provide
written submissions to the Nomination Committee before 1 March 2014 at the
following e-mail address:  nomination.committee@sintercast.com).

Annual General Meeting
The  Annual General Meeting 2014 of SinterCast AB (publ) will be held on Tuesday
20 May 2014.

Shareholders  wishing to have a matter  considered at the Annual General Meeting
should  provide written submissions to agm.registration@sintercast.com or to the
Company:  SinterCast AB (publ), P.O.  Box 10203, SE-100 55 Stockholm, Sweden, at
least  seven weeks prior  to the Annual  General Meeting for  the proposal to be
included  in  the  notice  to  the  meeting.  Further details on how and when to
register will be published in advance of the Annual General Meeting.

Dividend 2013
The  Annual General Meeting of SinterCast AB (publ) held on 15 May 2013 approved
an  ordinary dividend for 2013 amounting to SEK 1.0 per share. A total amount of
SEK 7.0 million was transferred to the shareholders.

Proposed Dividend        2014
The  Board's intention  is to  continue to  provide an  ordinary dividend to the
shareholders, based primarily on the cashflow from operations. In the event that
the  Board considers that the liquidity exceeds the amount needed to support the
operational  requirements and strategic objectives, the  Board has the option to
propose  an extraordinary  dividend or  a share  buy-back to  further adjust the
liquidity.

The  Board of Directors propose  an ordinary dividend of  SEK 1.2 per share (SEK
1.0), representing  a  transfer  of  SEK  8.4 million  (SEK  7.0 million) to the
shareholders  of SinterCast  AB (publ).  The Board  proposes 23 May, 2014 as the
record  date for entitlement to receive dividends. In deciding the amount of the
ordinary  dividend to be proposed to the AGM 2014, the Board considered cashflow
from  operations,  the  financial  position,  investment  requirements and other
factors,  such as  market outlook,  growth strategy  and the  internal financial
forecast for the Company and for the Group.

Information
The Interim Report January-March 2014 will be published on 23 April 2014
The Interim Report April-June 2014 will be published on 20 August 2014
The Interim Report July-September 2014 will be published on 5 November 2014
The Interim Report October-December and Full Year Results 2014 will be published
on 11 February 2015

Annual Report 2013
The Annual Report 2013 will be published on 3 April 2014.

This report has not been reviewed by the Company's Auditors.


Stockholm 26 February 2014

For further information please contact:

Dr. Steve Dawson

President & CEO

SinterCast AB (publ)

Office:  +46 8 660 7750

Mobile:  +44 771 002 6342

e-mail:  steve.dawson@sintercast.com

website: www.sintercast.com




SinterCast is the world's leading supplier of process control technology for the
reliable  high volume production of Compacted Graphite Iron (CGI). With at least
75% higher  tensile strength, 45% higher stiffness  and approximately double the
fatigue strength of conventional grey cast iron and aluminium, CGI allows engine
designers  to improve  performance, fuel  economy and  durability while reducing
engine  size, weight, noise and  emissions. The SinterCast technology, installed
in  39 foundries  in  12 countries,  is  used  for the high volume production of
petrol  and diesel engine  cylinder blocks and  exhaust components for passenger
vehicles,  medium-duty and heavy-duty  cylinder blocks and  heads for commercial
vehicles,  and industrial power engine components for marine, rail, off-road and
stationary engine applications.  SinterCast's series production components range
from  2 kg to 9 tonnes,  all using the  same proven process control technology.
The  SinterCast share is quoted on the Small Cap segment of the Stockholm NASDAQ
OMX   stock   exchange   (Stockholmsbörsen:   SINT).   For   more   information:
www.sintercast.com


                                      END

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