BAUER Aktiengesellschaft · HAM:B5A0

BAUER Aktiengesellschaft — Bauer — Investor Day (May 2021)

86 slides from BAUER Aktiengesellschaft's investor day presentation, May 12, 2021

Slide 1: Megatrends as drivers for the focus topics of our strategy
BAUER AG Megatrends as drivers for the focus topics of our strategy Capital Market Day 2021 Michael Stomberg (CEO) May 12, 2021
Slide 2: Three closely interlinked segments – a business model with a future
BAUER Group Three closely interlinked segments – a business model with a future Mission The BAUER Group is a leading provider of services, equipment & products dealing with ground and groundwater. Construction Equipment Resources Global provider for One of the technical leading manufacturer Products
Slide 3: Megatrends as drivers for the focus topics of our strategy
Megatrends as drivers for the focus topics of our strategy Megatrends Infrastructure Urbanization Climate change Environmental awareness 3
Slide 4: Infrastructure – a lot of future projects to come
Infrastructure – a lot of future projects to come…even in established markets Germany Austria Belgium ▪ Elbe Tunnel ( No 4), Hamburg ▪ Danube Crossing, Vienna (Highway) ▪ Oosterweel Ringroad, Antwerp ▪ Koehlbrand Crossing, Hamburg Norway France ▪ Metro Hamburg ▪ Grand Paris, Metro Extension ▪ Rail P
Slide 5: Infrastructure – High Speed Rail HS2, UK is largest project in Europe
Infrastructure – High Speed Rail HS2, UK is largest project in Europe Overview ▪ New High Speed Rail line connecting London with the North ▪ Phase 1: London to West Midlands ▪ Phase 2a: West Midlands to Crewe ▪ Phase 2b: West Midlands to Leeds & Crewe to Manchester ▪ Largest infrastructure project i
Slide 6: Infrastructure – HS2 JV contract Bauer/Keller started in April 2021
Infrastructure – HS2 JV contract Bauer/Keller started in April 2021 JV Bauer/Keller ▪ The contract award is worth £95 million ▪ Contract for main works was signed on 12th April 2021 with first pile being installed also on 12th April 2021 80km 6
Slide 7: Urbanization – Mega-City Manila
Urbanization – Mega-City Manila 7
Slide 8: Urbanization – PASIG River Skyway
Urbanization – PASIG River Skyway 8
Slide 9: Urbanization – PASIG River Skyway
Urbanization – PASIG River Skyway 9
Slide 10: Urbanization – Remediation and Rehabilitation
Urbanization – Remediation and Rehabilitation 10
Slide 11: Urbanization and Remediation: Industrial Park Black Pump, East Germany
Urbanization and Remediation: Industrial Park „Black Pump“, East Germany 11
Slide 12: Urbanization and Remediation: Industrial Park Black Pump, East Germany
Urbanization and Remediation: Industrial Park „Black Pump“, East Germany 12
Slide 13: Environment – Constructed wetland in Oman
Environment – Constructed wetland in Oman ▪ 1.5 billion plants clean the water ▪ 13.5 km2 area (1,600 soccer fields) ▪ 175,000 m3 of water purified daily ▪ In operation for 10 years ▪ 1.28 million tons of CO2 saved ▪ Habitat for 140 animal species ▪ Contract volume 600 million USD 13
Slide 14: Flood Protection – 55.000 sqm Cut-Off Wall, Illinois USA
Flood Protection – 55.000 sqm Cut-Off Wall, Illinois USA East St. Louis 14
Slide 15: Flood Protection – 30km Herbert Hoover Dike Rehabilitation
Flood Protection – 30km Herbert Hoover Dike Rehabilitation 15
Slide 16: Megatrends as drivers for the focus topics of our strategy
Megatrends as drivers for the focus topics of our strategy Megatrends Our focus topics Exploiting opportunities in global fields of the future ▪ Megatrends are driving attractive potentials worldwide Leveraging synergies between the segments ▪ Our interlinking of know-how is unique in the industry ▪
Slide 17: Executive Board – Good handover of the CFO function
BAUER AG Executive Board – Good handover of the CFO function Michael Stomberg (CEO) Florian Bauer Hartmut Beutler (CFO) Peter Hingott ▪ Hartmut Beutler will retire at the end of this year ▪ Hartmut Beutler will hand over the CFO function to Peter Hingott during the year ▪ Peter Hingott is already re
Slide 19: Presentation of the 2021 Q1 figures
BAUER AG Presentation of the 2021 Q1 figures Capital Market Day 2021 Hartmut Beutler (CFO) May 12, 2021
Slide 20: Q1 2021 – Further increase of order backlog
Highlights Q1 2021 – Further increase of order backlog Total Group revenues EBIT* Earnings after tax Order intake Order backlog EUR 356.6 million EUR 1.8 million EUR -5.1 million EUR 516.1 million EUR 1,322 million (-8.6%) (EUR 8.5 million) (EUR -5.0 million) (+13.4%) (+21.0%) Significant financial
Slide 21: Revenues & Earnings – Group
Financials Revenues & Earnings – Group Revenues Development Q1 2021 in EUR million Total Group revenues Sales revenues ▪ Decline in total Group revenues as Q1 2020 was not much ∆ Q1 2,000 -8.6% influenced by the COVID 19 pandemic 1,595 -9.3% 1,600 1,471 1,454 ▪ Correspondingly, sales revenues also b
Slide 22: Order situation – Group
Financials Order situation – Group Order intake Development Q1 2021 In EUR million ▪ Order intake increased again, mainly because of Construction, but 1,609 1,589 also because of Equipment Q4 321 318 ▪ Construction segment with new major orders in Europe, Jordan, Q3 297 450 India and Egypt Q2 518 +1
Slide 23: Construction segment Overview
Construction segment Overview Market environment Q1 2021 and course of business ▪ Typical and good start to the year ▪ Markets in Europe and the USA positive, good workload in the Middle East due to an order in Jordan. ▪ Still exit and travel restrictions in some countries in Far East, however the s
Slide 24: Equipment segment Overview
Equipment segment Overview Market environment Q1 2021 and course of business ▪ The first quarter of 2020 showed only minimal effects of the COVID-19 pandemic. ▪ The customers’ reluctance to invest, resulting from the uncertainty caused by the COVID-19 pandemic is still ongoing ▪ Order situation and
Slide 25: Resources segment Overview
Resources segment Overview Market environment Q1 2021 and course of business ▪ Resources segment still relatively unaffected by the pandemic ▪ Good start into 2021 with lower footprint after restructuring ▪ Revenue decrease compared to Q1 2020 is related to the major Kesslergrube project, which was
Slide 26: Working Capital, liabilities to banks & net debt – Group
Financials Working Capital, liabilities to banks & net debt – Group Working Capital Development Q1 2021 in EUR million ▪ Positive development ongoing in Q1 2021 800 726 700 ▪ Measures to optimize working capital take effect: inventories as well as receivables and other assets reduced 600 556 526 500
Slide 27: Forecast 2021 unchanged – Growth in all segments and the Group
BAUER Group Forecast 2021 unchanged – Growth in all segments and the Group Construction Equipment Resources ▪ Very high demand for infrastructure ▪ Investments expected to pick up from ▪ Measures 2020 are the basis for the characterizes construction activity mid-2021 onwards realignment ▪ Growth in
Slide 29: Digitalization & Innovation
BAUER AG Digitalization & Innovation Capital Market Day Florian Bauer May 12, 2021
Slide 30: Innovation in Construction Past Future
Innovation in Construction Past Future BAUER „BG 1“ 30
Slide 31: So… how do we get to the future?
So… how do we get to the future? 31
Slide 32: The BAUER Anchor
The BAUER Anchor 32
Slide 33: Blankenburgverbindung, Rotterdam, Netherlands
Segment Bau Blankenburgverbindung, Rotterdam, Niederlande 33
Slide 34: The BAUER Anchor
The BAUER Anchor 34
Slide 35: BAUER Digital Load Cell
BAUER Digital Load Cell Dashboard Online monitoring of anchor or strut loads, deviations or water levels to ensure a save structure and reduce the risk of damage of the neighbor environment. In case of danger, alarms of the site personal is possible. Locally at site by horn or light or location inde
Slide 36: Reality
Reality 36
Slide 37: Digital Twin
Digital Twin E 37
Slide 38: Augmented Reality on Site and for Service
Augmented Reality on Site and for Service 38
Slide 39: Foundations – Quality
Foundations – Quality Olympiaturm München 291 m Frauenkirche München 99 m 39
Slide 40: USA Herbert Hoover Dike Rehabilitation – Flood Protection for 30km
USA Herbert Hoover Dike Rehabilitation – Flood Protection for 30km 40
Slide 41: Digital Jobsite
Digital Jobsite Portal | / \ \ \ f N Material Warehouse h ’ —— results CX} Peco se ~~ Silo Mixing Auxiliary Construction Production Reports Measuring Plant Equipment Process Activities data Data Geology Equipment production data
Slide 42: Digitalization at BAUER Spezialtiefbau: Production Data Management with b-project
Digitalization at BAUER Spezialtiefbau GmbH Production Data Management with b-project Reports / Lists Web based visualization of b-project is a Data Management Production KPI’s Software which stores, operates and Information provided on Dashboards visualize production information for the Reporting,
Slide 43: Digital Twin of Herbert Hoover Dike Construction Site
Digital Twin of Herbert Hoover Dike Construction Site (with location data) 3D Visualisation with ESRI GIS Data Documenation Attached to all Elements 43
Slide 44: Lean Construction – BAUER Construction Process (BCP)
Lean Construction – BAUER Construction Process (BCP) What does BCP stand for? → Standardized production system for planning, execution and continuous improvement of our construction projects worldwide Gate 1 Gate 2 Gate 3 Gate 4 Gate 5 Gate 6 Tender Tender Execution Detailed Start of Lessons Kick-Of
Slide 45: New Business Models – fielddata.io
New Business Models – fielddata.io 45
Slide 46: New Business Models – fielddata.io
New Business Models – fielddata.io 46
Slide 47: New Business Models – fielddata.io
New Business Models – fielddata.io 47
Slide 48: Digitalization in Construction
Digitalization in Construction 48
Slide 49: Research & Development
Research & Development New Products New Business And Methods Models Sustainability Digitalization Research Sensors Automation & Development Electrification Materials 49
Slide 50: Electrification for Sustainability and Noise Reduction
Electrification for Sustainability and Noise Reduction 50
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Slide 52: Motivation for Innovation
Motivation for Innovation Trends: ▪ Urbanization ▪ Electrification ▪ Sustainability ▪… →Demand for new equipment, which can operate ▪ with minimum footprint ▪ with minimum height requirement ▪ with minimum emissions ▪ „invisible“ →without disturbance of the ambiance 52
Slide 53: The BAUER Cube System
The BAUER Cube System 3 5 6 4 1 2 1 Cutter unit 2 Pumping unit 3 Main winch 4 HDS pumping unit 5 HDS mud hose 6 HDS cutting unit 53
Slide 54: The BAUER Cube Cutter
The BAUER Cube Cutter • A complete Bauer cutter with approx. 3.6m height out of a container with 2.9m height • Proven Bauer cutter technology in minimized dimensions • Electric driven • Remote operated • CSC certified cubes: → simple standard logistics • Highest HSE standards • Emergency exits thru
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Slide 62: Enabling construction of D-walls where you never thought before
… to enable the construction of D-walls, where you never thought before Underground parking space Addition of underground space to Working under the city in Logistic space under existing metros/building confined spaces airport/runway Cut-off wall installation for dams Water storage / underground Ext
Slide 65: Potentials of the Resources segment
BAUER Resources GmbH Potentials of the Resources segment Capital Market Day 2021 Dr. Roman Breuer May 12, 2021
Slide 66: Mission & Vision
Mission & Vision Bauer Resources is a Full-Service Provider focusing on Building and Concrete Rehabilitation, Mission Environmental Services, Waste Disposal, Water Management, Mining and Drilling Services. Bauer Resources offers Services and Products predominantly to Industrial and Government Client
Slide 67: Business fields – Overview
Business fields – Overview Drilling Services & Environmental Water Wells Services Constructed Wetlands Rehabilitation Mining Services ▪ Drilling Services ▪ Remediation ▪ Produced Water ▪ Concrete rehabilitation ▪ Mineshafts ▪ Exploration Drilling ▪ Brownfield Remediation ▪ Industrial Waste Water ▪ R
Slide 68: Business field drivers
Business field drivers Drilling Services & Environmental Water Wells Services Constructed Wetlands Rehabilitation Mining Services ▪ Climate Change is ▪ Remediation is a ▪ The carbon footprint of ▪ Rehabilitation of building ▪ New minerals needed, forcing an even more significant contribution to wast
Slide 69: Starting situation and fields of restructuring
Starting situation and fields of restructuring Drilling Services & Water Wells Environmental Services Industrial Water Treatment Brewing & Beverage ▪ Drilling Services ▪ Remediation ▪ Standard Technolgies (BWS) ▪ Esau & Hueber ▪ Project based and market ▪ Project based and market ▪ Project based and
Slide 70: Business field restructuring – on its way
Business field restructuring – on its way Drilling Services & Water Wells Industrial Water Treatment Brewing & Beverage Rehabilitation ▪ Drilling Services ▪ Standard Technolgies (BWS) ▪ Esau & Hueber ▪ Reach profitability in 2022 with focus on core business ▪ Financial relief for the ▪ Project based
Slide 71: Chances in the core businesses
Chances in the core businesses Environmental Services Constructed Wetlands Mining ▪ Remediation ▪ Long Term Profitable ▪ Market leader for ▪ German Market has provided Business Model specialized mining services significant profits in the last years ▪ Oman ▪ Increase international ▪ Selective busines
Slide 72: Business Fields Segmentation – 2020
Business Fields Segmentation – 2020 Drilling Services; 12% Mining Services; 20% Constructed Wetlands; 5% Water Wells; 24% Environmental Services; 39% 72
Slide 73: Business Fields Segmentation - long term
Business Fields Segmentation - long term Drilling Services; 5% Mining Services; 15% Water Wells; 20% Rehabilitation; 10% Constructed Wetlands; 15% Environmental Services; 35% 73
Slide 74: Focus topics
Focus topics ▪ Profit before turnover ▪ Focus on Core Competences ▪ Focus on Main Markets ▪ New markets with defined conditions ▪ Remediation business in China ▪ North America for remediation and wetlands ▪ Consistent Risk Management ▪ BAUER Construction Process 74
Slide 76: Mid-term financial targets of the BAUER Group
BAUER AG Mid-term financial targets of the BAUER Group Capital Market Day 2021 Peter Hingott May 12, 2021
Slide 77: Financial ambition – mid-term perspective for year-end 2023
BAUER Group Financial ambition – mid-term perspective for year-end 2023 Key topics Mid-term financial targets ▪ Sustainable profit improvement is our main focus for the next ▪ Revenue growth years ▪ EBIT margin ▪ Top line growth is not our primary focus ▪ Equity ratio ▪ Target is a healthy & strong
Slide 78: Financial ambition – Revenue growth
BAUER Group Financial ambition – mid-term perspective for year-end 2023 Revenue growth ▪ Top line growth is not our primary focus ▪ Growth target for total Group revenues: ▪ 2021 with pent-up effects due to decrease related to the COVID-19 pandemic 3 - 5% (CAGR) ▪ The growth is planned to be reached
Slide 79: Financial ambition – EBIT margin
BAUER Group Financial ambition – mid-term perspective for year-end 2023 EBIT margin ▪ Our goal is to sustainable reach our margin ranges EBIT margin targets unchanged: Action fields ▪ Group: 7 - 9% ▪ Management of project risk & project execution ▪ Construction: 4 - 6% ▪ Stick to margin, cash flow a
Slide 80: Financial ambition – Net debt
BAUER Group Financial ambition – mid-term perspective for year-end 2023 Net debt Action fields ▪ Net debt / EBITDA ratio < 2.5 ▪ Receivables management ▪ Liabilities to banks < 300 Mio. Euro ▪ Consistent contract management to avoid future overdue receivables Liabilities to banks (in EUR million) ▪
Slide 81: Financial ambition – Equity ratio
BAUER Group Financial ambition – mid-term perspective for year-end 2023 Equity ratio Action fields ▪ Equity ratio > 30% (unchanged) ▪ Capital increase ▪ Equity increase of EUR 50 - 75 million ▪ Sustainable profits ▪ Maintain total assets in-line Equity ratio in % 26% 26% 27% 24% 24% 2016 2017 2018 2
Slide 82: Financial ambition – Dividend Payment
BAUER Group Financial ambition – mid-term perspective for year-end 2023 Dividend Payment ▪ We like to come back to a sustainable and reliable dividend policy ▪ Dividend ratio of about 25 to 30% of Group ▪ The dividend policy founded on a reasonable balance between shareholders earnings after taxes (
Slide 83: Financial ambition – Overview
BAUER Group Financial ambition – mid-term perspective for year-end 2023 Overview ▪ Growth: 3 - 5% (CAGR) EBIT margin: ▪ Group: 7 - 9% ▪ Construction: 4 - 6% ▪ Equipment: 10 - 12% ▪ Resources: 6 - 8% ▪ Net debt / EBITDA ratio < 2.5 ▪ Liabilities to banks < 300 Mio. Euro ▪ Equity ratio > 30% ▪ Dividen
Slide 84: Capital increase 2021 for long-term stability
BAUER Group Capital increase 2021 for long-term stability Target ▪ Strengthen equity base and improve balance sheet ratios ▪ Make the Group even more resilient for the future ▪ Increase independence from financial partners 84
Slide 85: Q&A with the Executive Board
BAUER Q&A with the Executive Board

Bauer — Investor Day (May 2021) on 6ix

BAUER Aktiengesellschaft — Bauer — Investor Day (May 2021)

Slide 1: Megatrends as drivers for the focus topics of our strategy

Slide 2: Three closely interlinked segments – a business model with a future

Slide 3: Megatrends as drivers for the focus topics of our strategy

Slide 4: Infrastructure – a lot of future projects to come

Slide 5: Infrastructure – High Speed Rail HS2, UK is largest project in Europe

Slide 6: Infrastructure – HS2 JV contract Bauer/Keller started in April 2021

Slide 7: Urbanization – Mega-City Manila

Slide 8: Urbanization – PASIG River Skyway

Slide 9: Urbanization – PASIG River Skyway

Slide 10: Urbanization – Remediation and Rehabilitation

Slide 11: Urbanization and Remediation: Industrial Park Black Pump, East Germany

Slide 12: Urbanization and Remediation: Industrial Park Black Pump, East Germany

Slide 13: Environment – Constructed wetland in Oman

Slide 14: Flood Protection – 55.000 sqm Cut-Off Wall, Illinois USA

Slide 15: Flood Protection – 30km Herbert Hoover Dike Rehabilitation

Slide 16: Megatrends as drivers for the focus topics of our strategy

Slide 17: Executive Board – Good handover of the CFO function

Slide 18: © 2020 BAUER AG. All rights reserved.

Slide 19: Presentation of the 2021 Q1 figures

Slide 20: Q1 2021 – Further increase of order backlog

Slide 21: Revenues & Earnings – Group

Slide 22: Order situation – Group

Slide 23: Construction segment Overview

Slide 24: Equipment segment Overview

Slide 25: Resources segment Overview

Slide 26: Working Capital, liabilities to banks & net debt – Group

Slide 27: Forecast 2021 unchanged – Growth in all segments and the Group

Slide 28: © 2020 BAUER AG. All rights reserved.

Slide 29: Digitalization & Innovation

Slide 30: Innovation in Construction Past Future

Slide 31: So… how do we get to the future?

Slide 32: The BAUER Anchor

Slide 33: Blankenburgverbindung, Rotterdam, Netherlands

Slide 34: The BAUER Anchor

Slide 35: BAUER Digital Load Cell

Slide 36: Reality

Slide 37: Digital Twin

Slide 38: Augmented Reality on Site and for Service

Slide 39: Foundations – Quality

Slide 40: USA Herbert Hoover Dike Rehabilitation – Flood Protection for 30km

Slide 41: Digital Jobsite

Slide 42: Digitalization at BAUER Spezialtiefbau: Production Data Management with b-project

Slide 43: Digital Twin of Herbert Hoover Dike Construction Site

Slide 44: Lean Construction – BAUER Construction Process (BCP)

Slide 45: New Business Models – fielddata.io

Slide 46: New Business Models – fielddata.io

Slide 47: New Business Models – fielddata.io

Slide 48: Digitalization in Construction

Slide 49: Research & Development

Slide 50: Electrification for Sustainability and Noise Reduction

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Slide 52: Motivation for Innovation

Slide 53: The BAUER Cube System

Slide 54: The BAUER Cube Cutter

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Slide 62: Enabling construction of D-walls where you never thought before

Slide 63: BAUER Cube System

Slide 64: © 2020 BAUER AG. All rights reserved.

Slide 65: Potentials of the Resources segment

Slide 66: Mission & Vision

Slide 67: Business fields – Overview

Slide 68: Business field drivers

Slide 69: Starting situation and fields of restructuring

Slide 70: Business field restructuring – on its way

Slide 71: Chances in the core businesses

Slide 72: Business Fields Segmentation – 2020

Slide 73: Business Fields Segmentation - long term

Slide 74: Focus topics

Slide 75: © 2021 BAUER Resources GmbH. All rights reserved.

Slide 76: Mid-term financial targets of the BAUER Group

Slide 77: Financial ambition – mid-term perspective for year-end 2023

Slide 78: Financial ambition – Revenue growth

Slide 79: Financial ambition – EBIT margin