Essentra Plc · LSE:ESNT
Essentra — Investor Day (November 2014)
13 slides from Essentra's investor day presentation, Nov 20, 2014
Slide 1: Asia
ASIA PT Sreekumar – Managing Director 20 NOVEMBER 2014
Slide 2: Asia at a Glance
ASIA AT A GLANCE Key statistics: • 2014 PF* revenue = £185m – 16% Group total • Physical presence in 10 countries – 12 manufacturing facilities – 1 R&D centre – c. 1,800 employees • Regional strength in Filters … Industrial • … BUT substantially underweight in most Electronics other businesses Paper
Slide 3: Regional Strategic Framework
REGIONAL STRATEGIC FRAMEWORK End market Sourcing Manufacturing China / India China / India / Indonesia / Thailand Three models of growth 3
Slide 4: End-Market Exposure: Asia Market Growth vs Essentra Relative Strength
END-MARKET EXPOSURE ASIA: MARKET GROWTH VS ESSENTRA RELATIVE STRENGTH Market growth rate (%) Bubble = Size of addressed markets Increasing relative strength Essentra relative strength 4 Source: Industry data, management estimates
Slide 5: Key Commercial Opportunities
KEY COMMERCIAL OPPORTUNITIES POROUS POROUS FILTERS POROUS Pregnancy test wicks Air care / air freshener Cigarette filters Wipes wicks Diagnostic media Testing services Writing instruments Surgical canister vent RYO, SND Printing systems Woundcare COMPONENTS Wipes Access hardware, Insecticide electri
Slide 6: Key Operational Opportunities
KEY OPERATIONAL OPPORTUNITIES Sourcing • Asia presents a key opportunity to source non-manufactured products across the Essentra Group – Predominantly India and China • Dedicated sourcing teams to be created in Bangalore, India and Ningbo, China → Significant increase in group sourcing from Bangalor
Slide 7: Case Study – Distribution
CASE STUDY – DISTRIBUTION Benefits of regionalisation • Enabled 2 acquisitions in Asia within 6 months (Kelvindale, Abric) • Allowed appointments of more senior country managers to support business (Australia, Japan) • Allows faster geographical expansion into new markets, by leveraging existing inf
Slide 8: Drive for 2020 – The Direction of Travel - Asia
DRIVE FOR 2020 – THE DIRECTION OF TRAVEL - ASIA 2014 Estimate Market Growth Product/ Offer Geographic Commercial 2020 Estimate Expansion Expansion Synergies High single digit organic growth NOTE: Chart for illustrative purposes only, does not represent a financial forecast 8 2014PF based on latest c
Slide 9: Asia "Drive for 2020"
ASIA “DRIVE FOR 2020” • Redress balance between Filters and non-Filters - Enter new markets and categories Develop key strategic platforms - Expand product offering • Complement organic growth with value-adding regional M&A Operate as “One Essentra” • Develop sourcing with global reach and competiti
Slide 10: Q&A
Q&A 10
Slide 11: Appendix
APPENDIX 11
Slide 12: PT Sreekumar – Managing Director, Asia
PT Sreekumar – Managing Director, Asia PT Sreekumar joined Essentra in 1995, being initially responsible for the Company's joint venture in India. Before being appointed to his current role in 2005, Sreekumar was Regional Director for Asia Pacific, responsible for the business in Asia and the Middle
Slide 13: Asia
ASIA PT Sreekumar – Managing Director 20 NOVEMBER 2014