Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — Investor Day (July 2008)
17 slides from Siemens Aktiengesellschaft's investor day presentation, Jul 1, 2008
Slide 1: Siemens Energy: Fossil Power Generation Division
Siemens Energy: Fossil Power Generation Division Michael Süss, CEO Fossil Power Generation Capital Market Days “Energy” Munich, July 1, 2008 Copyright © Siemens AG 2008. All rights reserved.
Slide 2: Safe Harbour Statement
Safe Harbour Statement This document contains forward-looking statements and information – that is, statements related to future, not past, events. These statements may be identified by words such as “expects,” “looks forward to,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,”
Slide 3: Strong market demand for gas fired power plants
Strong market demand for gas fired power plants Combined Cycle Power Plant Simple Cycle Power Plant Heat Recovery Steam Generator (HRSG) Gas turbine Generator Steam turbine Typical size: >400 MW Typical size: ~280 MW EPC volume: € 290-320m EPC volume: € 90-110m Siemens component value: 30-
Slide 4: Coal and conventional island completes our portfolio
Coal and conventional island completes our portfolio Coal fired power plant Nuclear: Conventional Island coal supply Boiler FGD Turbine hall Filter Transformer Typical size: 800-1,000 MW Typical size: 1,700 MW EPC volume: €1,200-1,400m EPC volume: €1,000-1,300m Siemens component value: 8-1
Slide 5: The face of fossil power: Products and Solutions
The face of fossil power: Products and Solutions Instrumentation Products 9.500 Energy Solutions 4.000 2.500 & Electrical Large gas turbines All solutions through to Instrumentation and control Large steam turbines complete power plants: systems for all types of Generators CCPP, GTPP pow
Slide 6: Profit with improvement potential
Profit with improvement potential Key financials €m FY06 FY07 HY08 hy-t-hy Risk balanced order intake Order intake 8,104 11,721 7,623 +6% Revenue 6,764 8,129 3,633 -9% Revenue impacted by charges in Q2 Profit as % of sales 584 792 -303 -180% 8.6% 9.7% -8.3% Margin development (in %) Project charges
Slide 7: Fossil is the backbone of global power generation
Fossil is the backbone of global power generation Overall +6% p.a. 220 310 Market driver market in GW/a 190 Highly efficient products for gas fired +7% p.a. and coal fired power plants 83 130 Replacement and upgrade of +8% p.a. existing fossil power plants Gas fired 52 Revival of nuclear power
Slide 8: Main focus: Gas fired power plants
Main focus: Gas fired power plants Gas fired power plants Market Our approach in GW/a 83 Flexible operation: Comprehensive gas 52 Base, intermediate, and turbine portfolio for 50 peak load and 60 Hz market +8% p.a. High reliability and Core competence in availability advanced frames Ø 2002-0
Slide 9: We have the right products for our customers
We have the right products for our customers SGT5-2000E SGT5-4000F SGT6-5000F Steam Turbine >300 GT >200 GT ~250 GT sold sold sold Over 6.4 mn Low investment > 3.2 mn operating operating hours cost/kW hours Generators Outstanding State-of-the-art- Highest performance reliability technolo
Slide 10: Well stocked innovation pipeline
Well stocked innovation pipeline Service business Market introduction Development Return 5-2000E/ 5-4000F 6-5000F 6-4000F 6-3000E (5-6) 5-4000F (1-4) New Frame ~5 6-8000 H ~7 >30 years Invest 5-8000 H Most efficient and most powerful gas turbine worldwide: 60% efficiency and 530MW power output in
Slide 11: Clear set-up in coal
Clear set-up in coal Coal Nuclear Coal - Market Our approach in GW/a China: biggest market Leading market player in Europe: high the high-end segment modernization demand JV with SEC, the leading CO2 discussion demands player for steam turbines in highly efficient products the Chinese mark
Slide 12: Energy Solutions: Disciplines reinforced
Energy Solutions: Disciplines reinforced Systematic approach Output Structure and processes More effective and efficient → Selected organizational / management changes organization Supply chain management → Setup strategic supply management for Stabilized supply base commodities Closed res
Slide 13: Dual sales channel strategy boosts GT ramp-up
Dual sales channel strategy boosts GT ramp-up Gas turbine +77% order Business Unit ramp-up 110 Energy Solutions 90 61 Energy Solutions Business Unit Products Products FY07 FC FY08 Target 2010 Dual sales channel strategy Recent Orders Customer segmentation shows clear demand for UK: 850 MW CCPP f
Slide 14: Strong markets - great products - positioned for high performance
Strong markets - great products - positioned for high performance Revenue Growth: We operate in excellent markets > 2x GPD with focus on margin quality We are well positioned with high efficient and flexible products Profit Margin Range: We have a well stocked innovation pipeline 3 11-15% 3 ↯ We boo
Slide 15: Reconciliation and Definitions for Non-GAAP Measures (I)
Reconciliation and Definitions for Non-GAAP Measures (I) Profit Total Sectors is defined as the sum of the profits of each of the three new Sectors that Siemens uses for purposes of reporting IFRS segment results commencing with the third quarter of fiscal 2007. For a reconciliation of Profit Total
Slide 16: Reconciliation and Definitions for Non-GAAP Measures (II)
Reconciliation and Definitions for Non-GAAP Measures (II) Average calculation for CE*: Year-to-Date Q1 2 Point average: (CE ending Q4 Prior year + CE ending Q1) / 2 Q2 3 Point average: (CE ending Q4 Prior year + CE ending Q1 + CE ending Q2) / 3 Q3 4 Point average: (CE ending Q4 Prior year + CE endin
Slide 17: Siemens Investor Relations Team
Siemens Investor Relations Team Michael Sen +49-89-636-33780 Gerald Brady +1-408-492-4439 Florian Flossmann +49-89-636-34095 Sabine Groß +49-89-636-35755 Dr. Martin Meyer +49-89-636-33693 Christof Schwab +49-89-636-32677 Dr. Gerd Venzl +49-89-636-44144 Webpage: http://www.siemens.com/investorrelatio