Sfs Group Ag · SIX:SFSN
Sfs — Investor Day (September 2024)
57 slides from Sfs's investor day presentation, Sep 5, 2024
Slide 1: Value Engineering Specialist – Investor Day 2024
Value Engineering Specialist Investor Day 2024 Heerbrugg, Switzerland | September 5, 2024 Investor Day 2024 | 05.09.2024 | Public
Slide 2: Today’s speakers
Today’s speakers Welcome to the presentation and video webcast Jens Breu Volker George Poh Urs Langenauer Martin Thomas Jung Iso Raunjak Chief Executive Dostmann Member of the Member of the Reichenecker Member of the Member of the Officer Chief Financial Group Executive Group Executive Member of the
Slide 3: Agenda
Agenda Investor Day 2024 01 Positioning of SFS Jens Breu 09:00–09:10 02 Organizational development Jens Breu 09:10–09:25 03 Guidance & Group priorities Volker Dostmann 09:25–09:35 04 Electronics division update George Poh 09:35–09:50 05 Automotive division update Urs Langenauer 09:50–10:05 06 Distri
Slide 4: Positioning of SFS
Positioning of SFS Investor Day 2024 | 05.09.2024 | Public 4
Slide 5: We are by your side – 24/7
Mission-critical products for selected end markets We are by your side – 24/7 Investor Day 2024 | 05.09.2024 | Public 5
Slide 6: Our value proposition: Inventing success together
Our value proposition Inventing success together Investor Day 2024 | 05.09.2024 | Public 6
Slide 7: SFS value engineering: creating customer benefit in three dimensions
SFS value engineering Creating customer benefit in three dimensions Elec- Con- D&L tronics struction Int. update update update Optimizing the product Improving the processes Leverage advantages • Reduction of product complexity • Lower process cost for SFS of digitization • Lower cost due to use of
Slide 8: Our focused business activities
Our focused business activities Sustainable growth through the cycle Auto- motive update D&L Int. update Con- struction update Investor Day 2024 | 05.09.2024 | Public 8
Slide 9: Global sales & manufacturing platform
Global sales & manufacturing platform 140 locations Customer proximity supported by local presence in 35 countries North America Europe Asia, others 40 Locations 85 Locations 15 Locations (7 production sites) (20 production sites) (5 production sites) Investor Day 2024 | 05.09.2024 | Public 9
Slide 10: Organizational development
Organizational development Investor Day 2024 | 05.09.2024 | Public 10
Slide 11: Organizational change as of January 2025
Organizational change as of January 2025 Strengthen end market focus in D&L and FS segments • The D&L and FS segments will no longer have divisions • The industrial business from D&L Switzerland (D-IM) as well as Allchemet and D&L International will become the D&L segment • The D&L segment will focu
Slide 12: Today’s organization
Group structure Today’s organization Investor Day 2024 | 05.09.2024 | Public 12
Slide 13: Group structure
Group structure Organization as of January 1, 2025 Investor Day 2024 | 05.09.2024 | Public 13
Slide 14: Group structure
Group structure Organization as of January 1, 2025 Investor Day 2024 | 05.09.2024 | Public 14
Slide 15: Vision 2030
Vision 2030 Preparing the organization for future growth Purpose of the project “Step-up”: We want to make our organization ready for future growth by… • simplifying and streamlining the organization • sharpening our focus on end markets • fostering the collaboration within the FS and D&L segments •
Slide 16: Benefits of the new organization
Benefits of the new organization Sharpens focus, increases efficiency and speed “Step-up” strengthens the SFS Group because… • it makes us faster and more efficient in decision- making by pooling areas with similar needs and challenges • it increases our customer centricity and thus our customers’ l
Slide 17: Guidance & Group priorities
Guidance & Group priorities Volker Dostmann Chief Financial Officer Investor Day 2024 | 05.09.2024 | Public 17
Slide 18: Confirm guidance 2024
Confirm guidance 2024 from Half-Year Report FY2024 with slight growth and profitability improvement 2023A 2024G Gross sales SFS development CHF 3,090.8 million Confirm slight growth* *(in local currencies, incl. scope effects) Slight improvement EBIT margin 11.7% of EBIT margin This outlook is based
Slide 19: Our key ESG initiatives
Our key ESG initiatives Creating value for all our stakeholders Environmental Renewable Energy Lean & Green Program Mobility and Transport Sustainable Value Chain Social Training and Education Occupational Health & Safety Social Engagement Promotion of Dual Education Governance Compliance Ethics Tra
Slide 20: Environment
Environment Share of renewable electricity substantially increased Investor Day 2024 | 05.09.2024 | Public 20
Slide 21: Our ESG spirit
Our ESG spirit We care together Investor Day 2024 | 05.09.2024 | Public 21
Slide 22: Strategic priorities
Strategic priorities Focusing on our main strengths Diversi- Mega- “Local-for- Focus on Solid fication trends local” technology financing Balanced focus on Focus on application Close customer relation- Focus on a core set of Good profitability and a different regions, end areas with strong under- sh
Slide 23: Electronics division update
Electronics division update George Poh Head of Electronics division Investor Day 2024 | 05.09.2024 | Public 23
Slide 24: Positioning and market trends
Positioning and market trends Positioned to serve above average growing segments Position within electronics market Key trends in industry • Supplying the electronics industry based on 7 core technologies and with 7 core products Lifestyle Nearline Local-for- Mobile • Focus on end market segments: e
Slide 25: Electronics priorities
Electronics priorities Key initiatives to grow top and bottom line Customer HDD eco- Nantong Employ- new system platform ees perspec- pene- tive tration Support other SFS Human capital develop- Increase share of wallet Ride on growth of data divisions to leverage ment and cross selling center > HDD
Slide 26: Project Starlight 2 – Nantong phase 2 expansion
Project Starlight 2 Nantong phase 2 expansion, plant started production • Completed in Q3-2023 • Growth of Electronics business with penetration of new stamping components for smartphone • Manufacturing platform with higher space utilization to support other divisions • Relocation of Riveting from N
Slide 27: Project Starlight 2 – Nantong phase 3 expansion
Project Starlight 2 Nantong phase 3 expansion • Completed in Q1-2024 • Located approx. 1 km away from main site • Phase 3: Production plant and warehouse • Support further localization growth potential: • Automotive Ball Screw Drives, first line installation in progress to support local customer • M
Slide 28: Project Sprint – India expansion
Project Sprint – India expansion Why, need and rationale • India – opportunity of existing customers’ China plus strategy and new emerging electronic opportunities • OCOC strategy, synergy and resource maximization, creates a sizeable operation in India for future consolidating all sites under one c
Slide 29: Value proposition, up-selling, cross-selling
Value proposition, up-selling, cross-selling Increase value content • Cross-selling into stamping parts for smartphone • Value enhancement of laser welding, lamination shielding of stamping components • Increase penetration of proprietary fastener sealant • Increase usage of coil spring Lamination s
Slide 30: Automotive division update
Automotive division update Urs Langenauer Head of Automotive division Investor Day 2024 | 05.09.2024 | Public 30
Slide 31: Positioning and market trends
Positioning and market trends Positioned to serve above average growing segments Position within automotive market Key trends in industry • Supplying the automotive industry and its supply chain with precision components • Focus on areas of: Electri- Auto- Safety nomous • Active and passive safety f
Slide 32: Automotive division priorities
Automotive division priorities Key initiatives to grow top and bottom line Leverage Leader in Capacity on Employ- BSD Global manage- inno- ees tech- platform ment vations nology Match production Maintain focus Continue with Foster global Leverage global capacity and on identified preventive meas- le
Slide 33: Participation in the braking circuit
Participation in the braking circuit Market penetration/Manufacturing locations Market penetration 2020/2022/2024 Manufacturing locations ABS/ ABS ESC EPB ABS IBS ABS EPB EPB IBS IBS1) Electric EPB2) Parking Brake (EPB) Integrated Brake System (IBS) 1) Starting 2025 2020 2022 2024 2) Estimated 2026
Slide 34: Global Technology map
Global Technology map Create value with local competence Cold forming Project driven Cold forming capex Strategic capex Assemblies Cold forming Cold forming Assemblies Deep drawing Assemblies Precision machining Riveting Riveting Threaded fasteners Deep drawing Riveting Threaded fasteners Plastic in
Slide 35: D&L International division update
D&L International division update Martin Reichenecker Head of D&L International division Investor Day 2024 | 05.09.2024 | Public 35
Slide 36: Positioning and market trends
Positioning and market trends Enabling our customers to perform at their best Position within industrial production Key trend in industry Increasing customers productivity as a reliable partner for quality tools and digital innovations around the pro- Increase Digitiza- duction process. tion of Skil
Slide 37: D&L International division priorities
D&L International division priorities Key initiatives to grow top and bottom line Customer Supply Employees Products proximity chain Global concept with Maintain high level of 3-Brand-strategy Best product availability local value creation employee engagement Pioneer on digital Lean and fast deliver
Slide 38: In-house fair World of Tools
In-house fair World of Tools Focus: efficient production, digitalization and automation • More than 7,000 m2 of event space • 115 exhibitor brands • Showroom with GARANT and HOLEX • Approximately 6,000 international visitors Investor Day 2024 | 05.09.2024 | Public 38
Slide 39: 3-Brand-strategy – top assortment for our customers
3-Brand-strategy – top assortment for our customers Quality and price positioning – Revenue split • Wide pre-selected portfolio Leading • Always the right quality Manufacturers • GARANT one of the biggest brands in Europe TOP STANDARD QUALITY LOW-COST PRICE Investor Day 2024 | 05.09.2024 | Public 39
Slide 40: Networking and control of customer’s production via CM
Digital Products Networking and control of customer’s production via CM Customer benefit: Simple, transparent, integrated steering Investor Day 2024 | 05.09.2024 | Public 40
Slide 41: LogisticsUnited
LogisticsUnited Leverage LogisticCity as partner for our GSA partners • LogisticCity in Nuremberg (Germany): The most powerful tool logistics system in the world • More than 100,000 m2 logistics area, up to 40,000 parcels per day LogisticsUnited Handling of HoG Partner business • Even more customer
Slide 42: Fasteners: Hoffmann will enter fastener business from 2026
Fasteners Hoffmann will enter fastener business from 2026 on Fastening solutions Supply system: Kanban Supply system software: eLogisticNXT Building a value-creating solution for Fasteners incl. supply systems is as major synergy within SFS. Investor Day 2024 | 05.09.2024 | Public 42
Slide 43: Construction division update
Construction division update Thomas Jung Head of Construction division Investor Day 2024 | 05.09.2024 | Public 43
Slide 44: Construction division in a nutshell
Construction division in a nutshell Clear orientation in a fragmented market Position within construction market Peculiarities of business • “The building envelope specialist” • No dependence on individual large customers • Fastening technology in the building envelope, timber • Regional or national
Slide 45: Construction division priorities
Construction division priorities Key initiatives to grow top and bottom line Clear Employ- Supply Inno- focus ees chain vation Clear positioning as Decentralized organiza- Supply chain with focus Innovations of products, “Building Envelope tion with entrepreneurial on high product availability syste
Slide 46: Key figures Construction division
Key figures Construction division Close to the market for best understanding 12 15 50 2,000 competence production market Value centers plants organizations Creators Investor Day 2024 | 05.09.2024 | Public 46
Slide 47: The building envelope specialist
The building envelope specialist Profound application expertise Roofing & Cladding Flat Roof Rainscreen Cladding Timber Work Building Components Hinge Technology Fall Protection Calculation tools & eShop Investor Day 2024 | 05.09.2024 | Public 47
Slide 48: Key products & innovation 1/2
Key products & innovation 1/2 Innovations across product lines Flat Roof Building Components BSA isoweld® battery tool SPTR-V8 TDBL Adjustable fastening sys- Induction welding tool for Adjustable window Structural steel tem for tapered insulation the fastening of water- installation fastener connect
Slide 49: Key products & innovation 2/2
Key products & innovation 2/2 Innovations across product lines Roofing & Cladding Rainscreen CX Tightlapper MXC CXCW Center Point System Fastener for Fastener for Fastener for Fastener for Rainscreen panel fastening with centering sleeve solar rail thin metal sandwich- sandwich- fixation sheets pane
Slide 50: Q&A
Q&A Investor Day 2024 | 05.09.2024 | Public 50
Slide 51: Our IR agenda for FY2024
Our IR agenda for FY2024 Publication of first information on financial year 2024 Friday, January 24, 2025 Publication of financial year results 2024 Friday, March 7, 2025 32nd Annual General Meeting Wednesday, April 30, 2025 IR Contact investor.relations@sfs.com Investor Day 2024 | 05.09.2024 | Publ
Slide 52: Thank you for your attention
Thank you for your attention Investor Day 2024 | 05.09.2024 | Public 52
Slide 53: Further program
Further program Plant tour in Heerbrugg & visit of hardware store in Au Plant tour Heerbrugg Hardware store Au Group 1: with Tobias Loher, in English Address: Starting at 11.20 a.m. HandwerkStadt Au SG Auenstrasse 3 Group 2: with Sergio Quidiello, in German CH-9434 Au SG Starting at 11.25 a.m. • Sta
Slide 54: Safety instructions
Safety instructions General • Your visitor’s ID card must be worn so that it is easily visible. • Follow the instructions given by the person accompanying you. • Personal protective equipment must be worn in accordance with the instructions given. • Keep on the marked walkways. • Check out at the re
Slide 55: Safety instructions
Safety instructions General Filming and taking photos prohibited Don’t touch any components or equipment No smoking inside the buildings Mind the danger areas Beware of internal forklift traffic Investor Day 2024 | 05.09.2024 | Public 55
Slide 56: Safety instructions
Safety instructions General Keep calm → provide first-aid → alert 144 In the event of an evacuation alarm, follow the marked escape routes out of the building. Gather at the designated assembly point and wait for further instructions. First aid and the first-aid room are located at the reception. In
Slide 57: Inventing success together
Inventing success together