Slide 1: 2013 Trading Statement – Slides for analysts call
HeidelbergCement 2013 Trading Statement – Slides for analysts call 06 February 2014 Dr. Bernd Scheifele, CEO, and Dr. Lorenz Näger, CFO Union Bridge cement plant, USA Slide 1 - 2013 Trading Statement – Slides for analysts call - 06 February 2014
Slide 2: Group
Group Strong operational performance in 2013 overshadowed by significant negative currency impact Clear year-over-year increase in like-for-like Revenues and Operating Income Higher Operating Income Margin driven by operational improvement in North America, Western Europe and Africa-MB Subst
Slide 3: Group Sales Volumes
Group Sales Volumes 2012 2013 North America Western and Northern Europe Asia-Pacific 0% -3% +5% +6% 104.5 104.1 -2% 72.2 70.0 +12% +7% -3% +1% 37.0 38.8 30.0 31.9 21.3 20.9 13.2 13.4 11.1 12.4 11.7 12.5 6.1 5.9 Cement Aggregates Ready Mix Cement Aggregates Ready Mix Cement Aggregates Ready Mix Easte
Slide 4: Like for like EBITDA development
Like for like EBITDA development +2% 45 2.477 148 2.424 50 2012 EBITDA Operating Currency Scope 2013 EBITDA Like-for-Like EBITDA up by +2%; Underlying operational performance is up by +7% (*) (*) Underlying operational performance excluding: - Gain from exhausted quarry sale: 25m€ (2013); 70m€ (2012
Slide 5: FOX 2013 exceeds expectations
FOX 2013 exceeds expectations 2013 targets overachieved 3-year-period: 1,158 m€ (cash savings in €m) +558 +147 2013 Target (+61%) (+93%) 2013 Actual 1,158 391 243 600 135 138 111 62 66 Original 44 Achievement 30 22 26 Target 0 Working CLIMB OPEX Purchasing Other Total Total FOX 2013 Program Cap. 1,1
Slide 6: Strong operating leverage
Strong operating leverage GROUP North America West / North Europe Cement Aggregates Cement Aggregates Cement Aggregates Revenue EBITDA Revenue EBITDA Revenue EBITDA volume volume volume volume volume volume +1% +3% +7% +7% 0% +3% +20% 0% +8% -1% -2% -5% Eastern Eur. / Central Asia Asia / Pacific Afr
Slide 7: Western and Northern Europe
Western and Northern Europe Full year and Q4 Operating EBITDA clearly above prior year excluding CO2 certificate sales Germany: Successful price increases and good cost control lead to full year result improvement; strong outlook UK: Full year result up clearly, driven by impressive recovery o
Slide 8: North America
North America USA: – Pricing up significantly in all business lines; 2014 price increases announced – Good cement volume growth in Q4 and for the full year, particularly in California and Texas – Successful execution of CLIMB Program improves aggregates EBITDA margin – Strong outlook Canada: – S
Slide 9: Eastern Europe-Central Asia
Eastern Europe-Central Asia Mild weather prolongs the construction season and leads to broadly improved Q4 sales volumes and result excluding CO2 certificate sales Russia: Market demand continues to be strong; volume growth above market average Kazakhstan: Positive pricing from PERFORM project
Slide 10: Asia-Pacific
Asia-Pacific Significantly negative translational currency effect on results due to appreciation of the Euro Indonesia: Market and operational performance continues to be good; cost inflation and depreciation of IDR put pressure on the margin in H2; further price increases implemented China: C
Slide 11: Africa-Mediterranean Basin
Africa-Mediterranean Basin Ghana: Positive volume and price development despite unanticipated heavy rainfall across the country Tanzania: Increased competition from imports but trend is positive; price increases announced in November Togo: Solid pricing and efficient cost management leads posi
Slide 12: Group Services
Group Services After a 28% increase in 2012, international sales volume increased by another 28% and reached 18.7mio tons in 2013 Export clinker prices have increased in the Middle East & Asia whereas they remained steady in Europe and the Mediterranean Southern European surplus of cement was
Slide 13: Currency and consolidation impacts
Currency and consolidation impacts REVENUE Decem ber Year to Date Q4 €m Cons. Decons. Curr. Cons. Decons. Curr. North America 0 -35 -110 0 0 -40 Western / Northern Europe 38 -5 -74 13 -1 -27 Eastern Europe / Central Asia 0 0 -40 0 0 -16 Asia / Pacific 132 0 -352 31 0 -153 Africa / Med. Basin 0 0 -62
Slide 14: Full year volume and price development
Full year volume and price development CEMENT (Gray Domestic) AGGREGATES 2013 vs. 2012 Volume Price 2013 vs. 2012 Volume Price US ++ ++ US - ++ Canada ++ + Canada - ++ Indonesia + ++ Australia + + Bangladesh -- + Hong Kong ++ - India ++ - Indonesia ++ ++ China North - -- Malaysia + ++ China South ++
Slide 15: Management focus 2014
Management focus 2014 Deleveraging with clear goal to reach investment grade metrics Solid steps in disposal program Margin improvement driven by announced programs Targeted growth in Africa, Indonesia and Kazakhstan Slide 15 - 2013 Trading Statement – Slides for analysts call - 06 February
Slide 16: Contact information and event calendar
Contact information and event calendar Event calendar Contact information Investor Relations 19 March 2014 2013 annual results Mr. Ozan Kacar Phone: +49 (0) 6221 481 13925 07 May 2014 2014 first quarter results Fax: +49 (0) 6221 481 13217 07 May 2014 2014 AGM Mr. Steffen Schebesta, CFA Phone: +49 (0
Slide 17: Safe Harbour Statement
Safe Harbour Statement Unless otherwise indicated, the financial information provided herein has been prepared under International Financial Reporting Standards (IFRS). This presentation contains forward-looking statements and information. Forward-looking statements and information are statements th