Jungheinrich AG · XETR:JUN3
Jungheinrich — Investor Presentation (August 2008)
39 slides from Jungheinrich's investor presentation, August 2008
Slide 1: Jungheinrich Group
Jungheinrich Group Company presentation Hamburg, August 2008 On the road to the future
Slide 2: Contents
Contents 1. Company profile 2. Business sectors 3. Jungheinrich Group in figures 4. Company history 5. Information on the Jungheinrich share
Slide 3: 1. Company profile
1. Company profile DUNGHEINRICH
Slide 4: Company profile
Company profile Jungheinrich, founded in 1953 and located in Hamburg, ranks among the world’s leading companies in the material handling equipment, warehousing and material flow engineering sectors – intralogistics.
Slide 5: Board of management
Board of management Chairman Marketing & Sales Hans-Georg Frey Dr. Helmut Limberg Dr. Klaus-Dieter Rosenbach Hans-Georg Frey temporarily Engineering & Production Finance/Human Resources
Slide 6: World league table 2007
World league table 2007 Sales in € million In relation to industry branches, Jungheinrich is ranked second in Europe and third in the world 4,751 4,312 2,001 1,984 Toyota adjusted Jan. – Dec. 2007 Toyota KION Jungheinrich Nacco Source: Annual reports, company information
Slide 7: All around the stacker
„All around the stacker“ • Jungheinrich has become a logistics service provider with manufacturing operations, which offers its customers a comprehensive range of forklift trucks, shelving systems and services covering the entire field of intralogistics. • Services include product rental and sales f
Slide 8: Jungheinrich worldwide
Jungheinrich worldwide Jungheinrich relies on a worldwide, efficient direkt sales and service network • Jungheinrich is represented in Europe, Asia and America with 31 Group-owned sales and service companies • Jungheinrich is also represented by a number of dealers, especially in overseas markets •
Slide 9: 2. Business sectors
2. Business sectors DUNGHEINRICH
Slide 10: New business
New business Warehousing equipment Logistic systems* Counterbalanced trucks *Trucks included
Slide 11: Jungheinrich – a full-line supplier
Jungheinrich – a full-line supplier Special design trucks Electric-pedestrian controlled and small series trucks trucks and stackers Battery-powered reach trucks Hand pallet trucks Battery-powered The right counterbalanced machine for trucks every application Racking systems Diesel- and LPG- High ra
Slide 12: Production plants in Germany
Production plants in Germany Norderstedt Landsberg Lüneburg New plant under construction commissioning from mid-2009 Moosburg Degernpoint Dresden New plant planned Central commissioning from refurbishment factory the end of 2009 for used trucks
Slide 13: Other plants / Joint Ventures
Other plants / Joint Ventures Qingpu / China Moravany / Czech Republic 50% Joint venture Zhejiang / China 25% Joint venture
Slide 14: Logistics from one supplier
„Logistics from one supplier“ • Jungheinrich offers customised "all-round solutions" for stacking, transporting, warehousing and commissioning. • This includes: Low lift platform trucks, stackers and commissioners with a loading capacity of up to 9t Racking systems – from small parts shelving to can
Slide 15: Services
Services • This includes a broad spectrum of services which offer an economical solution for every kind of need. • Ranging from rental to used trucks with diverse financing possibilities right up to fleet management with "full service.
Slide 16: Services
Services Spare parts Logistic services Mail order systems PROFISHOP Customer Comprehensive Used- service set of services trucks Fleet and project Rental- manage- Financial fleet ment services
Slide 17: Logistic systems
Logistic systems Planning and Design Forklift Trucks Warehouse Management Systems: Racking and Storage Equipment • Warehouse Administration Conveyor Systems • Warehouse Control • Radio Data Transmission, Stacker Cranes Terminals, Scanner System Integration Maintenance and Service
Slide 18: Jungheinrich Financial Services
Jungheinrich Financial Services Solutions for all demands • Customised financial services for lift trucks, pallet racks and warehousing equipment • Flexible contract terms from 1 to 120 months • Individual service package consisting of financing, full-service, fleet management and flexibility Inhous
Slide 19: Hire
Hire More than 30 years of experience in industrial truck rentals • The European rental fleet consists of more than 24,000 industrial trucks, which translates into quick availability • Over 600 truck variations, with load capacities ranging from 1t to 42t, with lift heights up to 14m as well as spec
Slide 20: Hire fleet development
Hire fleet development average quantity • Close-knit market coverage throughout Europe in thousand units • Duration of hire: 1 day to 24 months • Target degree of capacity utilisation 70-75% 22,2 ~25,0 16,6 18,6 2005 2006 2007 2008e
Slide 21: Used equipment
Used equipment • Professional refurbishment at central location in Dresden before: • Large selection for every budget and application • Optional degrees of overhauling • Manufacturer´s guarantee • Numerous financing options after: • Fast delivery • Leading Internet marketplace: www.Supralift.com
Slide 22: Used equipment
Used equipment Centralization of refurbishment of used trucks at the Dresden location Rebuilding, repair and conversion of used trucks for all Jungheinrich sales companies in Europe
Slide 23: Customer service
Customer service • Ample service network More than 3,300 mobile service technicians guaranteeshort response times • Individual services From safety-checks up to a complete Full-Service – we secure the productivity of customer-truck fleets • Latest technologies Dispatching of service technicians, inf
Slide 24: Spare parts supply – In-Night delivery within Europe
Spare parts supply – „In-Night“-delivery within Europe Expansion of spare parts network: New spare parts logistics centre in Bratislava Norderstedt Lahr Bratislava Expanded overnight delivery for Middle- and Eastern Europe 95% of all service technicians in Europe are supplied overnight
Slide 25: Jungheinrich's business model
Jungheinrich‘s business model Short- term hire fleet After-sales service • Full service Used New trucks • Maintenance equipment • Spare parts supply Financial Services Customer care from one source throughout the entire truck life cycle
Slide 26: Mail order
Mail order Jungheinrich Katalog GmbH & Co. KG provides companies in industry, commerce and trade with an attractive range for stacking and lifting, transporting, storage, operational and office pa ges equipment, industrial safety and environment with r 1000 8,000 the catalogue "Jungheinrich PROFISHO
Slide 27: Development of Intralogistics and Jungheinrich
Intralogistics and Jungheinrich in the change Development Jungheinrich Product portfolio of tomorrow Planning and design Expansion of the Automatic product portfolio with high-bay systems new technologies Complete supplier of WMS, radio data fork lift trucks and transmission systems New technologies
Slide 28: 3. Jungheinrich Group in figures
3. Jungheinrich Group in figures
Slide 29: Development Jungheinrich Group
Development Jungheinrich Group Sales (in € million) Employees 2,001 10,178 9,248 7,905 1,476 1,308 72% 6,521 5,330 72% 53% 832 52% 62% 52% 517 44% 53% 43% 59% 1987 1992 1997 2002 2007 1987 1992 1997 2002 2007 Foreign share
Slide 30: Fiscal Year 2007
Fiscal Year 2007 Change 2007 2006 in % in € million Incoming orders 2,120 1,864 14 Sales 2,001 1,748 14 Total assets 2,073 1,813 14 Shareholder‘s equity 554 485 14 Capital expenditures1 52 52 -- EBIT 140 118 19 EBIT-Return on sales (ROS) % 7.0 6.8 -- Employees (31/12) 10,178 9,274 10 1 Not including
Slide 31: Turnover structure 2007
Turnover structure 2007 New business Services After-sales 29% service 56% 44% Used equipment 15% and hire fleet Total sales: € 2,001 million
Slide 32: Current development: 1st half 2008
Current development: 1st half 2008 1st half 1st half Change 2008 2007 in % in € million Incoming orders 1,120 1,041 8 Sales 1,038 955 9 Total assets 2,188 1,908 15 Shareholder‘s equity 586 503 17 Capital expenditures1 21 22 -5 EBIT 63.5 62.2 2 EBIT-Return on sales (ROS) % 6.1 6.5 -- Employees (6/30)
Slide 33: 4. Company history
4. Company history DUNGHEINRICH
Slide 34: Milestones of the Jungheinrich Group
Milestones of the Jungheinrich Group 1953 1956 1996 2004 2007 Centralised First foreign refurbishment of Sales and industrial trucks in Establishment Jungheinrich Joint Venture Dresden H. Jungheinrich Service company Forklift with with Ningbo & Co. in Austria Realignment of three-phase Ruyi company
Slide 35: 5. Information on the Jungheinrich share
5. Information on the Jungheinrich share
Slide 36: Structure of shareholders (preferred shares)
Structure of shareholders (preferred shares) As of November 2007 Total 8,800 shareholders Germany 31% Institutional France 17% Investors Luxemburg* 15% 74% 16 million shares Belgium 12% (€ 48 million Euro) Other 5% Scandinavia 8% Great Britain 7% Private 21% thereof Investmentfunds GER 5% 90% 8% USA
Slide 37: Share price and dividend development
Share price and dividend development 36 As of June 30, 2008 € 17.70 Dividend per preferred share 0.58 € 34 32 30 0.54 € 28 0.51 € 26 24 0.48 € 22 0.45 € 20 18 16 14 12 10 8 6 2003 2004 2005 2006 2007 2008
Slide 38: General information
General information Subscribed capital: Stock exchanges € 102 million subdivided into Frankfurt and Hamburg and all other 18 million units ordinary shares German stock exchanges 16 million units preferred shares (listed) Segment: Prime Standard Branch: Industrie Securities identification numbers Sto
Slide 39: Well worthwhile
Well worthwhile Assurément GUNGHEINRICH Das lohnt sich. Conviene Convence