Chesterfield Special Cylinders Holdings Plc · LSE:CSC
Chesterfield Special Cylinders — Pressure Technologies — Shareholder Meeting (February 2010)
12 slides from Chesterfield Special Cylinders's shareholder meeting presentation, Feb 10, 2010
Slide 1: Pressure Technologies plc Annual General Meeting
Pressure Technologies plc Annual General Meeting 10 February 2010 Engineering solutions for high pressure markets 1
Slide 2: Products and Services
Products and Services Design and manufacture of high pressure seamless steel cylinders Ultra Large Cylinders Small Cylinders Retest, recondition & re-certification Added value assembly and supply chain management Refurbishment of cylinder trailers Sale of factored products Biogas upgrading Al-Met fl
Slide 3: Market Characteristics
Market Characteristics Niche markets with limited competition High added value with no commodity price risk Safety critical High specification and technical input Long lead time Barriers to entry Engineering solutions for high pressure markets 3
Slide 4: Markets: Chesterfield Special Cylinders - Oil & Gas, Naval
Markets Chesterfield Special Cylinders Oil & Gas Motion compensation systems Significant market share Supply chain management Cable laying and diving support Naval Wide range of applications High value but lumpy Long lead times provide good visibility Higher margin Engineering solutions for high pre
Slide 5: Markets: Chesterfield Special Cylinders - Aircraft, Storage & Transport
Markets Chesterfield Special Cylinders Aircraft Multiple applications Sales direct to UK OEMs for worldwide markets Major retest opportunities Opportunities for composites Storage & Transport Diverse project based markets Integrated refurbishment service Opportunities in Hydrogen and CNG Opportuniti
Slide 6: Markets: Retest, Recondition and Re-certify; Factored Products
Markets Chesterfield Special Cylinders Retest, Recondition and Re-certify All markets/OEMs Predictable demand Specialist testing facilities and expertise Factored Products Stockholder of bought in commodity products Fills gap in market Predictable market with high margins Engineering solutions for h
Slide 7: Markets - Chesterfield BioGas
Markets - Chesterfield BioGas 1 2 3 1) Anaerobic Digestion 2) Upgrading 3) Compressing 4) High Pressure 5 Storage 4 5) Dispensing Engineering solutions for high pressure markets 7
Slide 8: Markets: Chesterfield BioGas
Markets Chesterfield BioGas Cleaning biogas from waste water treatment and anaerobic digesters to give fuel grade methane 5 year licence signed with Greenlane® Biogas for supply of upgrading equipment No technology risk Two areas of use: vehicle fuel and injection into the gas grid (BtG) Significant
Slide 9: Markets: Al-Met, Acquired February 2010
Markets Al-Met Acquired 5 February 2010 Niche supplier of flow control and valve wear parts for Oil and Gas sector Capability to combine Steel and Carbide £4.2 million turnover £0.5 million EBITDA Grow by expanding customer base and product portfolio Engineering solutions for high pressure markets 9
Slide 10: Organic Growth Opportunities
Organic Growth Opportunities Scalable operations Increased in-house manufacture New geographies Overseas defence markets Growing CNG and hydrogen opportunity Integrated systems capability In-situ testing Engineering solutions for high pressure markets 10
Slide 11: Acquisition Opportunities
Acquisition Opportunities Earnings enhancing with growth potential Related market sectors Application of existing core skills and expertise Initially UK based Areas of interest identified Management and systems capability in place Engineering solutions for high pressure markets 11
Slide 12: 2010 Pressure Technologies Emerging
2010 Pressure Technologies Emerging Aerospace Cylinders Ultra Large Cylinders Acquisitions BioGas Engineering solutions for high pressure markets 12
Pressure Technologies — Shareholder Meeting (February 2010) on 6ix