Kongsberg Gruppen Asa · OSL:KOG
Kongsberg Gruppen Asa — Investor Day (2016)
21 slides from Kongsberg Gruppen Asa's investor day presentation, 2016
Slide 1: Kongsberg Maritime
KONGSBERG MARITIME Egil Haugsdal, President
Slide 2: Disclaimer
DISCLAIMER This presentation contains certain forward-looking information and statements. Such forward-looking information and statements are based on the current, estimates and projections of the Company or assumptions based on information currently available to the Company. Such forward-looking in
Slide 3: We act in a weak market
WE ACT IN A WEAK MARKET We introduce new products and solutions for the future We appraoch new markets, expand our scope, maintain strong order intake We align cost and capacity We maintain our strong customer focus © 2016 KONGSBERG – All rights reserved.
Slide 4: Agenda
AGENDA THIS IS KONGSBERG MARITIME MARKET DEVELOPMENT SINCE CMD 2015 KEY TAKEAWAYS © 2016 KONGSBERG – All rights reserved.
Slide 5: Kongsberg Maritime
59 offices in 20 countries 4,345 employees Revenues LTM 9.2 BNOK Order backlog 6.0 BNOK Installed base more Offshore, than 18,000 vessels KONGSBERG MARITIME Merchant Marine, Subsea and Emerging Business Dynamic positioning, navigation, automation, engineering, subsea and seismic instrumentation, mar
Slide 6: Offshore market decline impacts 2016 revenues
OFFSHORE MARKET DECLINE IMPACTS 2016 REVENUES REVENUES EBITDA CAGR 1 420 11.8% −9.4% 1 170 1 109 10 197 1 040 9 568 9 234 8 148 7 303 443 14,2% 14,4% 14,8% 10,9% 4,8% 2012 2013 2014 2015 2016* 2012 2013 2014 2015 2016* EBITDA 2015 reflects net non-recurring costs of MNOK 60 EBITDA 2016* reflects net
Slide 7: Relatively resilient order intake so far despite the weak market
RELATIVELY RESILIENT ORDER INTAKE SO FAR DESPITE THE WEAK MARKET Offshore BACKLOG Offshore 30% 25% 7 081 20% 6 791 Offshore 6 217 5 952 5 827 15% Subsea Merchant Subsea Merchant Emerging Subsea 10% Merchant Emerging Emerging 5% 0% 5 952 2016 2017 2018+ 26% 45% 29% 2012 2013 2014 2015 16Q3 BREAKDOWN
Slide 8: Agenda
AGENDA THIS IS KONGSBERG MARITIME MARKET DEVELOPMENT SINCE CMD 2015 KEY TAKEAWAYS © 2016 KONGSBERG – All rights reserved.
Slide 9: Market outlook
MARKET OUTLOOK SEPTEMBER 2016 FORECAST: 763 APRIL 2016 FORECAST: 1,401 © 2016 KONGSBERG – All rights reserved.
Slide 10: Customer support is more important than ever
CUSTOMER SUPPORT IS MORE IMPORTANT THAN EVER 3 500 3 000 2 500 2 000 1 500 1 000 500 - 2013 2014 2015 2016E Offshore © 2016 KONGSBERG – All rights reserved.
Slide 11: Agenda
AGENDA THIS IS KONGSBERG MARITIME MARKET DEVELOPMENT SINCE CMD 2015 KEY TAKEAWAYS © 2016 KONGSBERG – All rights reserved.
Slide 12: Development since CMD 2015
DEVELOPMENT SINCE CMD 2015 ADAPTING COSTS AND EXPANDING OUR SCOPE – POWER HANDLING CAPACITY WORLD WIDE NEW CONCEPTS SUBSEA DIGITAL SOLUTIONS AND – MARINE ROBOTICS AUTONOMOUS SHIPS AQUACULTURE SERVICES © 2016 KONGSBERG – All rights reserved.
Slide 13: Proactively adapting to changing markets
PROACTIVELY ADAPTING TO CHANGING MARKETS CEASING NEW OPPORTUNITIES ALIGNING ORGANISATION TO PROACTIVE CAPACITY EXPANDING SCOPE THE CHANGING MARKET ADJUSTMENTS World-wide capacity adjustments Permanent staff and consultants • Introducing unique, integrated • Proactively adapting to the • Reduced ~600
Slide 14: Expanding our scope
EXPANDING OUR SCOPE Handling Energy Operational Performance ©© 2016 KONGSBERG KONGSBERG – All rights reserved. - All rights reserved
Slide 15: Handling
HANDLING © 2016 KONGSBERG – All rights reserved.
Slide 16: K-Power products – switchboards & drives
K-POWER PRODUCTS – SWITCHBOARDS & DRIVES Water Cooled Unit Designed by KONGSBERG Power Electronics by SIEMENS Digital Configuration Unit Developed by KONGSBERG Starters & Feeders by SCHNEIDER ACB (Breakers) by SCHNEIDER © 2016 KONGSBERG – All rights reserved.
Slide 17: Products – switchboards & drives
PRODUCTS – SWITCHBOARDS & DRIVES K-POWER APPLICATION K-WHEEL Water Cooled Unit Designed by KONGSBERG H D Power Electronics by SIEMENS K-WHEEL Digital Configuration Unit Developed by KONGSBERG Starters & Feeders by SCHNEIDER Mode Wheel ACB (Breakers) Response Wheel by SCHNEIDER © 2016 KONGSBERG – All
Slide 18: Information management
REMOTE SERVICES CONDITION MONITORING INFORMATION MANAGEMENT VESSEL & FLEET Smart Data in Ocean Space PERFORMANCE © 2016 KONGSBERG – All rights reserved.
Slide 19: Agenda
AGENDA THIS IS KONGSBERG MARITIME MARKET DEVELOPMENT SINCE CMD 2015 KEY TAKEAWAYS © 2016 KONGSBERG – All rights reserved.
Slide 20: Key takeaways
KEY TAKEAWAYS…. WE ACT! We introduce new products and solutions for the future We appraoch new markets, expand our scope, maintain strong order intake We align cost and capacity We maintain our strong customer focus © 2016 KONGSBERG – All rights reserved.
Slide 21: Kongsberg
_ KONGSBERG