Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Investor Presentation (February 2013)
38 slides from Bombardier Inc. Class A's investor presentation, February 2013
Slide 1: Bombardier Transportation Profile, Strategy and Market
BOMBARDIER TRANSPORTATION PROFILE, STRATEGY AND MARKET FEBRUARY 2013
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements, which may involve, but are not limited to: statements with respect to our objectives, guidance, targets, goals, priorities, our market and strategies, financial position, beliefs, prospects, plans, expectations, antici
Slide 3: Agenda
1 OUR PROFILE AGENDA 2 OUR STRATEGY 3 OUR MARKET © Bombardier Inc. or its subsidiaries. All rights reserved.
Slide 4: We Are Leading the Rail Industry
WE ARE LEADING THE RAIL INDUSTRY(1) © Bombardier Inc. or its subsidiaries. All rights reserved. Bombardier Transportation (Fiscal Year ended December 31, 2012) Revenues: $8.1 billion EBIT before special item(2): $453 million (5.6%) EBIT: $290 million (3.6%) Order backlog(3): $33.7 billion Customers
Slide 5: Bombardier Transportation – A Global Player with a European Base
BOMBARDIER TRANSPORTATION – A GLOBAL PLAYER WITH A EUROPEAN BASE © Bombardier Inc. or its subsidiaries. All rights reserved. North America 18% Europe 21% 63% 69% Asia-Pacific Rest of world(1) 12% 7% 8% 2% Total BT revenues 2012: 8.1$B Total BT employees: 36,000 Customers in > 60 countries Global Hea
Slide 6: Diversifying the Portfolio in Growth Areas
TRADITIONALLY STRONG IN ROLLING STOCK, BT IS DIVERSIFYING THE PORTFOLIO IN GROWTH AREAS Transportation Revenues Breakdown by Business (%) Transportation revenues – Fiscal year ended December 31, 2012 © Bombardier Inc. or its subsidiaries. All rights reserved. Systems and Signalling 16% Services Roll
Slide 7: Broadest and Most Innovative Portfolio (1/6)
BT OFFERS ONE OF THE BROADEST AND MOST INNOVATIVE PORTFOLIOS IN THE INDUSTRY (1/6) Rolling Stock LIGHT RAIL VEHICLES Application: Efficient transit in urban centers © Bombardier Inc. or its subsidiaries. All rights reserved. Major products: FLEXITY family (FLEXITY 2, Outlook, Freedom, Berlin, Classi
Slide 8: Broadest and Most Innovative Portfolio (2/6)
BT OFFERS ONE OF THE BROADEST AND MOST INNOVATIVE PORTFOLIOS IN THE INDUSTRY (2/6) Rolling Stock INTERCITY, HIGH SPEED TRAINS, AND VERY HIGH SPEED TRAINS Application: Equipment for medium and long-distance operations Major products: ZEFIRO family, REGINA and TWINDEXX Express © Bombardier Inc. or its
Slide 9: Broadest and Most Innovative Portfolio (3/6)
BT OFFERS ONE OF THE BROADEST AND MOST INNOVATIVE PORTFOLIOS IN THE INDUSTRY (3/6) Rolling Stock BOGIES Application: Complete bogies solutions for our full range of rail vehicles and for our third- party customers’ needs © Bombardier Inc. or its subsidiaries. All rights reserved. Major products: FLE
Slide 10: Broadest and Most Innovative Portfolio (4/6)
BT OFFERS ONE OF THE BROADEST AND MOST INNOVATIVE PORTFOLIOS IN THE INDUSTRY (4/6) Services MATERIAL SOLUTIONS Application: Supply chain and whole asset life management, spare parts inventory management and technical support services for rail operators © Bombardier Inc. or its subsidiaries. All righ
Slide 11: Broadest and Most Innovative Portfolio (5/6)
BT OFFERS ONE OF THE BROADEST AND MOST INNOVATIVE PORTFOLIOS IN THE INDUSTRY (5/6) Systems and Signalling OPERATIONS AND MAINTENANCE OF SYSTEMS Application: Operations and maintenance (O&M) services for fully automated transit and © Bombardier Inc. or its subsidiaries. All rights reserved. mass tran
Slide 12: Broadest and Most Innovative Portfolio (6/6)
BT OFFERS ONE OF THE BROADEST AND MOST INNOVATIVE PORTFOLIOS IN THE INDUSTRY (6/6) Systems and Signalling MASS TRANSIT SIGNALLING Application: Rail control and signalling solutions for mass transit systems such as metros, light rail or APMs © Bombardier Inc. or its subsidiaries. All rights reserved.
Slide 13: Our Game-Changing Products Shape the Market
OUR GAME-CHANGING PRODUCTS SHAPE THE MARKET Game Changers PRIMOVE – NO EMISSIONS, NO WIRES, NO HASSLE Novel and unique, commercially-tested technology for contactless power transmission to drive all types of urban transportation © Bombardier Inc. or its subsidiaries. All rights reserved. TRAXX MULTI
Slide 14: PRIMOVE – No Emissions, No Wires, No Hassle
PRIMOVE – NO EMISSIONS, NO WIRES, NO HASSLE E-mobility redefined PRIMOVE is a game-changing technology that enables the wireless charging of electric vehicles and efficient energy management Based on inductive power transmission, the © Bombardier Inc. or its subsidiaries. All rights reserved. PRIMOV
Slide 15: TRAXX Multi-Engine Locomotives
TRAXX MULTI-ENGINE LOCOMOTIVES – ADAPTABLE, COST-EFFICIENT, AND GREEN Multi engine (ME) technology enables scalable power output Instead of one big engine, ME locomotives have several smaller sized engines © Bombardier Inc. or its subsidiaries. All rights reserved. Depending on actual capacity need
Slide 16: ZEFIRO Redefines Very High Speed
ZEFIRO REDEFINES VERY HIGH SPEED – OPTIMIZED EFFICIENCY, EASY CUSTOMIZATION A new generation of VHS trains ZEFIRO is a new generation VHS train with scalable traction power for operating speeds between 250 and 380 km/h, allowing for customized solutions © Bombardier Inc. or its subsidiaries. All rig
Slide 17: Agenda
1 OUR PROFILE AGENDA 2 OUR STRATEGY 3 OUR MARKET © Bombardier Inc. or its subsidiaries. All rights reserved.
Slide 18: We Innovate for Customer Needs Over the Whole Lifecycle
AT BT, WE INNOVATE FOR CUSTOMER NEEDS OVER THE WHOLE LIFECYCLE We continue to leverage our technology leadership to respond to our customers’ needs – taking a comprehensive and long-term perspective We are a trusted partner for our customers worldwide – and we work hard to earn this distinction agai
Slide 19: Innovation, Local Presence and Flawless Execution
INNOVATION, LOCAL PRESENCE AND FLAWLESS EXECUTION WILL ENABLE US TO REMAIN THE INDUSTRY LEADER DEVELOP INNOVATIVE AND COST OPTIMIZED SOLUTIONS We are committed to invest in R&D to continue to develop innovations such as: WAKO tilting bogie with active radial steering, to increase transport capacity
Slide 20: Double Deck Trains Meet Passengers' Need for Comfort and Capacity
DOUBLE DECK TRAINS MEET PASSENGERS’ NEED FOR 1 COMFORT AND HIGH CAPACITY CASE EXAMPLES DOUBLE DECK TRAINS – PACKED WITH INNOVATIONS © Bombardier Inc. or its subsidiaries. All rights reserved. Investment: BT has invested in double deck projects in the past years, featuring cutting-edge technology: Ré
Slide 21: INNOVIA Family Moves Millions of People in Urban Centers
IN FAST-GROWING MARKETS, THE INNOVIA FAMILY MOVES 2 MILLIONS OF PEOPLE IN URBAN CENTERS CASE EXAMPLES INNOVIA URBAN MASS TRANSIT SYSTEMS Investment: - Building on 40 years of experience in driverless transit systems, the development of the INNOVIA family started in © Bombardier Inc. or its subsidiar
Slide 22: Signalling Solutions Without Interrupting Service
BT DELIVERS SIGNALLING SOLUTIONS FOR MASS AND 3 MAINLINE TRANSIT – WITHOUT INTERRUPTING SERVICE CASE EXAMPLES STATE-OF-THE-ART STATE-OF-THE-ART SIGNALLING SIGNALLING SOLUTIONS SOLUTIONS Investment: - ERTMS(1) is a signalling solution for mainline traffic, allowing trains to cross borders easily. BT
Slide 23: A Clear Strategy to Lead the Industry
WITH A CLEAR STRATEGY, WE CONTINUE TO LEAD THE INDUSTRY AS OUR CUSTOMERS´ PARTNER OF CHOICE © Bombardier Inc. or its subsidiaries. All rights reserved. DEVELOP INNOVATIVE CAPTURE THE FULL ACHIEVE FLAWLESS AND COST OPTIMIZED POTENTIAL OF FAST- EXECUTION SOLUTIONS GROWING MARKETS We lead by innovation
Slide 24: Agenda
1 OUR PROFILE AGENDA 2 OUR STRATEGY 3 OUR MARKET © Bombardier Inc. or its subsidiaries. All rights reserved.
Slide 25: Product Portfolio and Global Presence Position Us for Growth
OUR PRODUCT PORTFOLIO AND GLOBAL PRESENCE POSITION US FOR LONG-TERM GROWTH… © Bombardier Inc. or its subsidiaries. All rights reserved. BT continues to secure large and strategic orders around the world BT remains the provider with the most differentiated portfolio to withstand international competi
Slide 26: Record Order Backlog and Solid Revenues
…AND HAVE LED TO A RECORD ORDER BACKLOG AND SOLID REVENUES BT order backlog (in $B) and book-to-bill (1) BT revenues (in $B) Canadian GAAP IFRS Canadian GAAP IFRS 33.5 33.7 9.8 10.0 9.8 © Bombardier Inc. or its subsidiaries. All rights reserved. 31.9 9.1 27.1 8.1 24.7 B 2008 2009 2010 2011 2012 2008
Slide 27: BT Continues to Secure Large and Strategic Orders
BT CONTINUES TO SECURE LARGE AND STRATEGIC ORDERS AROUND THE WORLD O&M for commuter ICx high speed trains SunRail in Florida with Siemens for DB 195 $M (2013) 2.2 $B (2011)1) 90 commuter trains Up to 450 TRAXX for DB Rhein-Main locomotives for DB3) 2.0 $B (2013) © Bombardier Inc. or its subsidiaries
Slide 28: Backlog Includes Several Very High-Volume Projects
BT’S BACKLOG INCLUDES SEVERAL VERY HIGH-VOLUME PROJECTS TO BE EXECUTED UNTIL 2015 AND BEYOND Selection of BT’s order backlog – projects with BT share of >650 $M 450 locomotives for DB, Germany1) 384 metro cars for Stockholm, Sweden 410 metro cars for San Francisco, USA © Bombardier Inc. or its subsi
Slide 29: Differentiated Portfolio to Withstand Competition
BT HAS A VERY DIFFERENTIATED PORTFOLIO TO WITHSTAND COMPETITION Bombardier Transportation’s main competitors Rolling stock Commuter High speed © Bombardier Inc. or its subsidiaries. All rights reserved. and and Loco- System Head- Light-rail Metros Regional Intercity motives Monorail integration Sign
Slide 30: Market Overview: Accessible Market Growing 2.8% per Year
MARKET OVERVIEW OUR ACCESSIBLE MARKET IS EXPECTED TO GROW BY 2.8% PER YEAR, REACHING $112.4$B PER YEAR IN 2015-17 Annual accessible market1) by segment Annual accessible market1) by region [3-year averages, $B] [3-year averages, $B] © Bombardier Inc. or its subsidiaries. All rights reserved. 112.4 1
Slide 31: Europe – The Largest Market for Rail
MARKET OVERVIEW EUROPE – THE LARGEST MARKET FOR RAIL MAINTAINS ITS HIGH LEVEL OF INVESTMENT Annual accessible market1) by segment Outlook © Bombardier Inc. or its subsidiaries. All rights reserved. [3-year averages, $B] 42.5 Following large orders in the regional and 37.9 intercity segment, France a
Slide 32: North America – High Level of Investment in Metros
MARKET OVERVIEW NORTH AMERICA – HIGH LEVEL OF INVESTMENT IN METROS IS EXPECTED TO BE SUSTAINED, GROWTH FOR HIGH-SPEED AND SIGNALLING FORECASTED Annual accessible market1) by segment Outlook © Bombardier Inc. or its subsidiaries. All rights reserved. [3-year averages, $B] The market has been resilien
Slide 33: Asia-Pacific – Focus on Urban Mass Transit
MARKET OVERVIEW ASIA-PACIFIC – FOCUS WILL BE ON URBAN MASS TRANSIT Annual accessible market1) by segment Outlook © Bombardier Inc. or its subsidiaries. All rights reserved. [3-year averages, $B] The slight decline in Asia is partly driven by 24.6 24.0 a forecasted decrease in Japan, which is System
Slide 34: Rest of World – Mega-Events, Aging Fleets and Commodity Freight
MARKET OVERVIEW REST OF WORLD – MEGA-EVENTS, AGING FLEETS AND COMMODITY FREIGHT ARE CONTINUOUS DRIVERS OF RAIL INVESTMENT Annual accessible market1) by segment Outlook © Bombardier Inc. or its subsidiaries. All rights reserved. [3-year averages, $B] In light of upcoming Olympic Games and 26.3 FIFA W
Slide 35: Selection of Upcoming Key Opportunities for BT by Region
SELECTION OF UPCOMING KEY OPPORTUNITIES FOR BT BY REGION Top projects Europe Top projects North America Metro projects in London and United Metro and commuter USA the Crossrail project Kingdom opportunities © Bombardier Inc. or its subsidiaries. All rights reserved. Options for regional and France L
Slide 36: Global Trends Continue to Favour Rail (1/2)
GLOBAL TRENDS CONTINUE TO FAVOUR RAIL (1/2) Bombardier Transportation Market Drivers Market driver Description Outlook © Bombardier Inc. or its subsidiaries. All rights reserved. According to the McKinsey Global Institute(1), by 2025, the 600 largest cities by GDP will represent nearly 65% of world
Slide 37: Global Trends Continue to Favour Rail (2/2)
GLOBAL TRENDS CONTINUE TO FAVOUR RAIL (2/2) Bombardier Transportation Market Drivers Market driver Description Outlook Governments responded to the 2008 financial crisis through stimulus packages and rescue plans which partly targeted rail. Nevertheless, since over 90% of the © Bombardier Inc. or it
Slide 38: PRIVATE AND CONFIDENTIAL
PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.