Babcock & Wilcox Enterprises, Inc. · NYSE:BW
Babcock & Wilcox Enterprises — CJS Securities 16th Annual New Ideas Summer Conference 2016
13 slides from Babcock & Wilcox Enterprises's conference presentation, Jul 12, 2016
Slide 1: CJS Securities 16th Annual New Ideas Summer Conference
CJS Securities 16th Annual New Ideas Summer Conference July 12, 2016 © Babcock & Wilcox Enterprises, Inc. All rights reserved. 1
Slide 2: Safe Harbor Statement
Safe Harbor Statement Forward‐looking statements. Babcock & Wilcox Enterprises, Inc. (“B&W”) cautions that this presentation contains forward‐looking statements, including, without limitation, management’s expectations regarding the industries in which we operate; our projected operating margin impr
Slide 3: Company Profile
Company Profile Headquarters: Charlotte, NC • Global leader in energy and Incorporation: Delaware environmental technologies and services for the power and industrial markets Ownership: Public (NYSE:BW) • Installed electricity generation Revenue: ~$1.8B capacity of more than 300,000 MW in more than
Slide 4: Business Model Delivers Maximum Customer Value
Business Model Delivers Maximum Customer Value B&W engineers custom solutions that are difficult to replicate and are fundamental to reliable operations and regulatory compliance Manufacturing Complex Strategic Project Customer Custom Engineering Management Sourcing Technology Relationship and Desig
Slide 5: Consolidated Revenue Overview
Consolidated Revenue Overview 2015 B&W Revenue Breakdown Other Asia 6% 7% US Coal Industrial, 37% Renewable Europe North & Gas 19% America 50% 68% Non‐US Coal 13% Aftermarket coal in the U.S. will be a solid base for the business while our strategy drives growth and diversification © Babcock & Wilco
Slide 6: Business Segments Align with Growth Strategy
Business Segments Align with Growth Strategy Global Services Optimize • Parts and technical services Our Business and • Service projects Improve Efficiency • Construction services • Operations and maintenance Global Power • Utility steam generation Pursue Core Growth in • Renewable power Internation
Slide 7: Global Services Overview
Global Services Overview 2015 Revenue by Segment • Aftermarket products and services for steam generating equipment and associated 74% environmental and auxiliary equipment Service Construction U.S. Projects Services • Servicing B&W installed electricity generation 32% 30% capacity of approximately
Slide 8: Global Power Overview
Global Power Overview 2015 Revenue by Segment • Steam generating systems for fossil fuels and renewable energy conversion for power generation and industrial uses 64% International • Environmental solutions include New Build Environmental emissions control products and 24% related equipment $640.0M
Slide 9: Industrial Environmental Overview
Industrial Environmental Overview 2015 Revenue by Segment • B&W acquired MEGTEC Holdings, Inc. on June 20, 2014 • 40+ year history with ~600 employees across 12 offices globally 64% • Asset‐light flexible manufacturing platform U.S. Aftermarket • Significantly expanded B&W’s industrial environmental
Slide 10: B&W SPIG Overview
B&W SPIG Overview • B&W completed its acquisition of SPIG 2016E Revenue by Segment S.p.A. on July 1, 2016 for €155M, subject to certain adjustments • SPIG provides customized dry and wet 76% Aftermarket International Services cooling solutions and aftermarket services 20% Wet Systems to power genera
Slide 11: Business Segment Realignment in Q3 2016
Business Segment Realignment in Q3 2016 Global Services Power • Parts and technical services • Parts and technical services • Service projects • Service projects • Construction services • Construction services • Operations and maintenance Segment Realignment • Utility steam generation in Q3 2016 • I
Slide 12: Investment Highlights
Investment Highlights Strong Foundation Significant Earnings Upside Great Brand Associated with Quality, Three‐Pronged Growth Strategy Reliable Delivery and Innovation Aligned with Businesses Customer and Strategic Technology Leader in Partner Relationships Global Power Generation Established Platfo
Slide 13: © Babcock & Wilcox Enterprises, Inc. All rights reserved.
© Babcock & Wilcox Enterprises, Inc. All rights reserved. 13
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