Essentra Plc · LSE:ESNT
Essentra — Investor Day (November 2014)
22 slides from Essentra's investor day presentation, Nov 20, 2014
Slide 1: Specialist Technologies
SPECIALIST TECHNOLOGIES Colin Day – Chief Executive 20 NOVEMBER 2014
Slide 2: Overview
OVERVIEW
Slide 3: Specialist Technologies at a Glance
SPECIALIST TECHNOLOGIES AT A GLANCE WHO WE ARE WHAT WE DO Industrial Electronics Paper, Board & POS Household Health & Personal Care Construction Food & Beverage WHERE WE OPERATE KEY STATISTICS • 2014 PF* revenue = £153m Europe ‒ 13% Group total Asia • Physical presence in 12 countries Americas ‒ 10
Slide 4: Global: Market Growth vs Essentra Relative Strength
SPECIALIST TECHNOLOGIES GLOBAL: MARKET GROWTH VS ESSENTRA RELATIVE STRENGTH Market growth rate (%) Bubble = Size of addressed markets Essentra relative strength PPT = NA, Brazil, CIS & Europe Increasing relative strength Extruded Plastics = Europe only Specialised capabilities across target end-mark
Slide 5: Drive for 2020 – The Direction of Travel – Specialist Technologies SBU
DRIVE FOR 2020 – THE DIRECTION OF TRAVEL – SPECIALIST TECHNOLOGIES SBU 2014 Estimate Market Growth PPT Product Commercial 2020 Estimate Development Synergies Mid single digit organic growth NOTE: Chart for illustrative purposes only, does not represent a financial forecast 5 2014PF based on latest c
Slide 6: Specialist Technologies "Drive for 2020"
SPECIALIST TECHNOLOGIES “DRIVE FOR 2020” Develop key strategic platforms • Focus on the scalable market opportunities and maximise returns Operate as “One Essentra” • Leverage capabilities to provide customer solutions (e.g, insecticide) Become more relevant to • Drive category management customers
Slide 7: Porous Technologies
POROUS TECHNOLOGIES
Slide 8: Air Care – Insecticide
COMMERCIAL OPPORTUNITY AIR CARE – INSECTICIDE Developing key strategic platforms 8
Slide 9: The Insecticide Market
THE INSECTICIDE MARKET Other Europe Coil Asia Electrical Americas Spray SOURCE: DATA MONITOR
Slide 10: Delivery Systems
DELIVERY SYSTEMS CLEAR SYNERGY WITH CURRENT CAPABILITIES IN SOME APPLICATIONS Wicks & Wicks & reservoirs reservoirs Cap Wicks & Collar Labels Casing reservoirs Doubles Essentra’s addressable market and potential sales Double-sided Leaflets Cartons Bottle tape
Slide 11: Extrusion
EXTRUSION 11
Slide 12: Video
VIDEO One of Europe’s most advance suppliers of co-extrusions and tri-extrusions 12
Slide 13: Developing the Opportunity in Technical Extrusion
DEVELOPING THE OPPORTUNITY IN TECHNICAL EXTRUSION The opportunity • Increasing demand for fully-engineered solutions Our response • Increase expert design contribution to reduce lead time and enhance flexibility to customers • Further investment in high value-added tooling and technical sales resour
Slide 14: Pipe Protection Technologies
PIPE PROTECTION TECHNOLOGIES 14
Slide 15: Framing the Potential Opportunity
FRAMING THE POTENTIAL OPPORTUNITY Significant future opportunities in the energy industry 15
Slide 16: A Growing Need for Pipe Protection: Products
A GROWING NEED FOR PIPE PROTECTION PRODUCTS … The situation: • Significant increase in shale gas and oil – New technologies – More efficient drilling rigs • Significant capacity increase in the US (2014 – 2017E) – Eight new pipe mills 1 pad, 50+ wells = a lot of pipe – Additional c. 2.7m tonnes OCTG
Slide 17: ... and How We Can Respond
… AND HOW WE CAN RESPOND The solutions: • Significant investment to support industry growth – 136,000 sq ft state-of-the-art manufacturing facility in Houston – Recent addition of automation and robotics to the manufacturing process • Capacity – Financial capability to add further capacity to meet d
Slide 18: Where We Are / Where We Are Going
WHERE WE ARE / WHERE WE ARE GOING Essentra North America, $215m Middle India, East, $10m $10m Brazil, Europe, Asia, $20m $50m $50m 18
Slide 19: Q&A
Q&A
Slide 20: Appendix
APPENDIX
Slide 21: John Boben – President, Pipe Protection Technologies
John Boben – President, Pipe Protection Technologies With nearly four decades of experience in the oil and gas industry including various management positions with Spang and Company, Reed Tubular, Baker Hughes and ICO Oilfield Services, John Boben has led Essentra’s Pipe Protection Technologies busi
Slide 22: Specialist Technologies
SPECIALIST TECHNOLOGIES Colin Day – Chief Executive 20 NOVEMBER 2014