Andritz Ag · VIE:ANDR
Andritz — Investor Day (January 2024)
29 slides from Andritz's investor day presentation, Jan 24, 2024
Slide 1: ANDRITZ Capital Markets Day – Environment & Energy
ANDRITZ CAPITAL MARKETS DAY ENVIRONMENT & ENERGY DIETMAR HEINISSER EXECUTIVE BOARD MEMBER JANUARY 24, 2024
Slide 2: Agenda: Introduction
AGENDA 1 INTRODUCTION 2 / ANDRITZ ENVIRONMENT & ENERGY / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 3: Empowering Tomorrow – Today!
EMPOWERING TOMORROW – TODAY! Turning challenges into sustainable solutions ANDRITZ ENVIRONMENT & ENERGY • Supports its customers in achieving their goals • Is dedicated to environmental responsibility • Works towards a clean and more sustainable world • Leverages on existing expertise and strengths
Slide 4: Unmatched Process and Engineering Expertise
UNMATCHED PROCESS AND ENGINEERING EXPERTISE We provide an exceptionally broad product portfolio and are well positioned in our markets SEPARATION FEED & BIOFUEL PUMPS CLEAN AIR TECHNOLOGIES GREEN HYDROGEN ~EUR 6 bn* ~EUR 2 bn* ~EUR 5 bn* ~EUR 2 bn* ~EUR 3 bn* Mechanical & thermal separation Processi
Slide 5: Resources and Volume Globally Well Balanced
RESOURCES AND VOLUME GLOBALLY WELL BALANCED Regional split of employees Share of business by region and segment 1% 100% 3% 1% 7% 8% 9% 90% 8% 23% 22% 27% EMERGING MARKETS 80% 14% • Revenue: 52% 70% 69% • Employees: 42% 60% 11% 13% 100% 56% 50% 26% 30% 6% DEVELOPED MARKETS 40% • Revenue: 48% 30% 68%
Slide 6: Agenda: Our Sustainability Products
AGENDA 2 O U R S U S TAI N AB I L I T Y P R O D U C T S 6 / ANDRITZ ENVIRONMENT & ENERGY / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 7: Creating Sustainable Value with Our Process Technologies
CREATING SUSTAINABLE VALUE WITH OUR PROCESS TECHNOLOGIES Meeting the needs of environmentally conscious industries and green energy sectors OUR TECHNOLOGIES ARE PAVING THE WAY FOR BREAKTHROUGH SOLUTIONS FOR MULTIPLE INDUSTRIES AND PROCESSES SUCH AS • Water management • Desalination • Irrigation • Wa
Slide 8: Agenda: Review CMD 2021
AGENDA 3 REVIEW CMD 2021 8 / ANDRITZ ENVIRONMENT & ENERGY / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 9: Review CMD 2021
REVIEW CMD 2021 What did we promise / What have we achieved? TARGET STATUS Further establish ANDRITZ as a premium brand in the market and • First orders received participate in megatrends, e.g. alternative proteins and e-mobility • Acquisition of Dedert: Improves our readiness for growing markets su
Slide 10: Agenda: Market Development / Frame Conditions
AGENDA 4 M AR K E T D E V E L O P M E N T / F R AM E C O N D I T I O N S 10 / ANDRITZ ENVIRONMENT & ENERGY / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 11: Our Markets Are Growing, and Overall Drivers and Trends Grant Additional Growth Opportunities
OUR MARKETS ARE GROWING, AND OVERALL DRIVERS AND TRENDS GRANT ADDITIONAL GROWTH OPPORTUNITIES SEPARATION FEED & BIOFUEL PUMPS CLEAN AIR TECHNOLOGIES GREEN HYDROGEN Underlying mid-term 4.5-5% 3-4% 4% 3-10% 25-30% market growth (10% incl. carbon capture market with ~15% growth per year) Current strong
Slide 12: Green Hydrogen Demand Expected to Grow to >30 Mio. Tons by 2030
GREEN HYDROGEN DEMAND IS EXPECTED TO GROW TO >30 MIO. TONS PER ANNUM BY 2030 12 / ANDRITZ ENVIRONMENT & ENERGY / CAPITAL MARKETS DAY, JANUARY 24, 2024 Source: Estimated green hydrogen demand by 2030, Hydrogen Council Dec 2023
Slide 13: Market Setting: Fragmented, Not Consolidated
MARKET SETTING: FRAGMENTED, NOT CONSOLIDATED Good growth potential 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 8% 14% 4% 5% 5% 0% SEPARATION FEED & PUMPS CLEAN AIR GREEN HYDROGEN BIOFUEL TECHNOLOGIES ANDRITZ Main competitors Others 13 / ANDRITZ ENVIRONMENT & ENERGY / CAPITAL MARKETS DAY, JANUARY 24, 20
Slide 14: Agenda: Strategic Direction
AGENDA 5 S T R AT E G I C D I R E C T I O N 14 / ANDRITZ ENVIRONMENT & ENERGY / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 15: The Pillars of Our Business Model
THE PILLARS OF OUR BUSINESS MODEL • Market / customer focus • Solution oriented • Service driven • Automation and digitalization • R&D and innovation • Operational excellence 15 / ANDRITZ ENVIRONMENT & ENERGY / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 16: Market / Customer Focus: Green Hydrogen
MARKET / CUSTOMER FOCUS Green hydrogen PROJECT Salzgitter Flachstahl, Germany. One of Europe’s largest green hydrogen plants. SCOPE 100 MW green hydrogen plant on an EPC basis, incorporating pressurized alkaline electrolyzers from HydrogenPro ENERGY 9,000 tons of green hydrogen per year 16 / ANDRITZ
Slide 17: Market / Customer Focus: Carbon Capture for Industrial Processes
MARKET / CUSTOMER FOCUS Carbon capture for industrial processes © Rohrdorfer plant, © myrzikundjarisch tower PROJECT Rohrdorfer, Germany. CO2 capture plant in Germany based on amins in the cement industry. SCOPE CO2 absorption / desorption process OUTPUT Cement kiln producing approx. 1 Mton clinker/
Slide 18: Market / Customer Focus: Municipal Wastewater Treatment
MARKET / CUSTOMER FOCUS Municipal wastewater treatment (c) Photo Eric Labruyère pour Suez PROJECT Wastewater treatment plant in southwest France. An innovative treatment process making the plant an energy-positive biofactory, with low carbon footprint. SCOPE 2 screw presses (C-Press C-10050) to pre-
Slide 19: Market / Customer Focus: Desalination
MARKET / CUSTOMER FOCUS Desalination PROJECT Tseung Kwan O, Hong Kong. Desalination plant. SCOPE The plant has 61 pumps and is based on reverse osmosis. Capacity 135,000 m³/day. Two filter presses for sludge dehydration. WATER Production ~135 million liters per day of potable water. 19 / ANDRITZ ENV
Slide 20: R&D and Innovation: Guaranteeing Success in Our Business Model
R&D AND INNOVATION: GUARANTEEING SUCCESS IN OUR BUSINESS MODEL New products / automation and digitalization / plant solutions / service Novel solutions Smart operation End-to-end value optimization Customer care improvement Turbex Metris addIQ RheoScan Modular plant solution Intelligent service solu
Slide 21: Targets & Ambitions
TARGETS & AMBITIONS TARGETS & AMBITIONS STRATEGIC INITIATIVES Grow business ~10% p.a. • Increase market share in focus industries • Participate in megatrends such as green hydrogen • Partner with our customers to achieve common strategic targets • Further extend scope from single equipment to plant
Slide 22: Agenda: Financials
AGENDA 6 F I N AN C I AL S 22 / ANDRITZ ENVIRONMENT & ENERGY / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 23: Order Intake
ORDER INTAKE IN MEUR 1,431 1,352 127 114 83 1,022 1,049 1,053 236 239 976 29 21 100 Green Hydrogen 33 182 213 Clean Air Technologies 180 206 306 260 236 Pumps 194 199 201 Feed & Biofuel Separation 696 722 569 590 606 542 2018 2019 2020 2021 2022 Last 4Q 23 / ANDRITZ ENVIRONMENT & ENERGY / CAPITAL MA
Slide 24: Financial Development
FINANCIAL DEVELOPMENT REVENUE BY SEGMENT FINANCIAL OVERVIEW in MEUR 2018 2019 2020 2021 2022 last 4Q 676 607 Order Intake 976 1,022 1,049 1,053 1,352 1,431 556 Separation 520 Order backlog (as of end of period) 791 784 854 909 1,077 1,248 581 520 Revenue 982 998 941 1,011 1,177 1,265 277 EBITA 53 69
Slide 25: Financial Targets & Ambitions
FINANCIAL TARGETS & AMBITIONS Revenue (in MEUR) EBITA margin (in %) Growth ambition: CAGR ~10% 11.8 11.6 Target (rev) 10.8 10-13% 9.5 1,265 (former SE 9-11%) 1,177 982 998 1,011 6.9 941 5.4 2018 2019 2020 2021 2022 Last 4Q 2026 2018 2019 2020 2021 2022 Last 4Q 25 / ANDRITZ ENVIRONMENT & ENERGY / CAP
Slide 26: Agenda: Outlook
AGENDA 7 OUTLOOK 26 / ANDRITZ ENVIRONMENT & ENERGY / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 27: Well Positioned for Profitable Business Development
WELL POSITIONED FOR PROFITABLE BUSINESS DEVELOPMENT • Global presence including service network • Proven track record and good growth potential in core segments and megatrends • Strong positioning in emerging markets and promising market segments with high demand • Well-balanced portfolio, combining
Slide 28: Questions?
QUESTIONS?
Slide 29: Legal Disclaimer
LEGAL DISCLAIMER © ANDRITZ AG 2024 This presentation contains valuable, proprietary property belonging to ANDRITZ AG or its affiliates (“the ANDRITZ GROUP”), and no licenses or other intellectual property rights are granted herein, nor shall the contents of this presentation form part of any sales c