Valmet Corp · OMXHEX:VALMT
Valmet — Investor Day (March 2015)
21 slides from Valmet's investor day presentation, Mar 19, 2015
Slide 1: Turning Paper business line to growth
Turning Paper business line to growth Jari Vähäpesola, President, Paper Business Line Valmet Capital Markets Day March 19, 2015
Slide 2: Agenda
Agenda Capital Markets Day 2015 1 Paper business line in brief 2 Performance in 2014 3 Market and market position 4 Must-Wins in Paper 5 Case examples 6 Summary 2 March 19, 2015 © Valmet | Jari Vähäpesola, Capital Markets Day 2015
Slide 3: Paper business line in brief
Paper business line in brief Valmet <>
Slide 4: Paper business line in brief
Paper business line in brief Net sales (2014) Provides solutions and technologies for board, tissue, 10% and printing paper production. 22% Long history of technical 39% innovations, for example 42% 2% OptiConcept M board and 30% NTT tissue machines. 2014 figures Orders received EUR 671 M 35% Net sa
Slide 5: Paper offering
Paper offering Technologies and solutions for board, paper, and tissue OptiConcept M production line Advantage DCT200 tissue machine Board and Paper Tissue • Standard and modularized technology • Advantage DCT technology: High quality concepts: OptiConcept M tissue with high efficiency and reliabili
Slide 6: Performance in 2014
Performance in 2014 Valmet <>
Slide 7: Key actions and results in 2014
Key actions and results in 2014 Orders received Net sales Employees (EUR million) (EUR million) -22% +43% -21% 671 674 3,906 528 3,098 467 2013 2014 2013 2014 2013 2014 • Orders received increased • Profitability improved - Improvement in Board and Paper, Tissue stable - Capacity costs reduction 20%
Slide 8: Growth in orders received in 2014
Growth in orders received in 2014 Orders received, Orders received, Orders received, split by area split by business split by order type Asia- North Pacific America 13% 24% Tissue Rebuilds China South 32% and 20% America single New 1% Board sections lines EMEA 57% 42% Paper 11% Orders received inc
Slide 9: Additional flexibility as result of restructuring
Additional flexibility as result of restructuring Improved flexibility through decreased capacity cost structure allows high capacity utilization also in low-cycle Increased subcontracting in engineering and manufacturing increase flexibility Own manufacturing focus in high value-added product
Slide 10: Market and market position
Market and market position Valmet <>
Slide 11: Market position
Market position Valmet’s market share Market position • Competition is more intense and Valmet #1-2 margins are lower in the new smaller machine segments 40% • Competition expected to increase #1-2 Board as smaller suppliers combine forces Others 60% #1 Tissue and become more skilled #1-2 Paper Busi
Slide 12: Market drivers
Market drivers Anticipated long-term market growth Estimated market size for the current Printing and writing paper offering Board Tissue and newsprint (EUR) Valmet’s market share ~3% 1.0 ~40% ~3% 0.6 ~35% ~-1% 0.6 ~40% p.a. bn p.a. bn p.a. bn Market • World trade, e-commerce • Growth in emerging ma
Slide 13: Must-Wins in Paper
Must-Wins in Paper Valmet <>
Slide 14: Must-Wins in Paper
Must-Wins in Paper Must-Wins Must-Win initiatives Customer Customer • All our projects achieve a world class reference value with customer excellence excellence excellence Leader in • Maintain technology and market leadership position with modern machines that technology and include modularized and
Slide 15: Case examples
Case examples Valmet <>
Slide 16: Siam Kraft PM 16, Thailand
Siam Kraft PM 16, Thailand The third OptiConcept M containerboard line in operation Latest containerboard making technology. Sompob Witworrasakul Lightweight fluting. Trim width 6,660 mm. Design speed 1,300 m/min. Engineering Director, SCG Paper Raw material 100% recycled fibers. Extended scope of s
Slide 17: Fabrica de Papel San Francisco PM6, Mexico
Fabrica de Papel San Francisco PM6, Mexico Full flexibility and high capacity with Advantage NTT Tissue Technology Valmet Advantage NTT tissue machine Dario Palma y Meza Espinoza, High flexibility with energy and fiber savings Director of Operations Swing from plain to textured mode in a few hours.
Slide 18: Recover energy and return as electrical power
Recover energy and return as electrical power Experiences from first installation of Advantage ReTurne Rebuild of Advantage DCT100 Advantage ReTurne energy recovery system, Sofidel, Italy Start-up August 6 - Reached maximum speed in 5 days Energy recovery 24% better than guaranteed level Rec
Slide 19: Summary
Summary Valmet <>
Slide 20: Paper summary
Paper summary Turning Paper business line to growth Strong market position The cost structure is more flexible than before Full offering of process technology, automation and services Focus on profitability improvement and Must- Wins 20 March 19, 2015 © Valmet | Jari Vähäpesola, Capital Markets Day
Slide 21: FORWARD
FORWARD