James Hardie Industries Plc. · NYSE:JHX
James Hardie Industries — US-UK investor meetings and conferences, September/October 2010
18 slides from James Hardie Industries's conference presentation, Sep 17, 2010
Slide 1: Investor Presentation September/October 2010
For personal use only Investor Presentation September/October 2010 Disclaimer Text goes here This company statement contains forward-looking statements. James Hardie may from time to time make forward-looking statements in its periodic reports filed with or furnished to the United States Securities
Slide 2: Agenda
Agenda Text goes here For personal use only Business overview USA and Europe Fibre Cement Asia Pacific Fibre Cement Group Outlook Summary Appendix In this Management Presentation, James Hardie may present financial measures, sales volume terms, financial ratios, and Non-US GAAP financial measures in
Slide 3: James Hardie – a world leader in fibre cement
James Text goesHardie here – a world leader in fibre cement For personal use only USA Fibre Cement Products Siding Soffit Fascia Trim Backerboard Asia Pacific Fibre Cement Products Residential siding Commercial exteriors Flooring Ceiling and internal walls 5 Fibre Cement Text goes here – superior pr
Slide 4: James Hardie: a growth focused company
James Text goesHardie: here a growth focused company For personal use only Annual net sales US$1.1b Total assets US$1.6b Net debt US$171.9m Operations in North America, Asia Pacific and Europe 2,500 employees Market cap US$1.97b S&P/ASX 100 company NYSE listing Note: Net sales, total assets and net
Slide 5: Business portfolio
Business portfolio Text goes here For personal use only 100% 90% 80% 70% 60% 50% 77% 73% 72% 40% 30% 20% 10% 23% 27% 28% 0% Volume Sales EBIT * USA and Europe Fibre Cement Asia-Pacific Fibre Cement At and for the three months ended 30 June 2010 * EBIT – Excludes Research and Development EBIT and Asb
Slide 6: US siding market – Exterior products
US Text siding market – Exterior products goes here For personal use only Large growth opportunity Wood 17.3% FC 13.5% Vinyl 39.7% Stucco 6.0% Brick, Stone and Other 23.5% Estimated fibre cement terminal share 35% Note: 1) Market and share figures reflect siding only; exclude fascia, soffits & trim;
Slide 7: USA and Europe Fibre Cement – Average Net Sales Price
USA andhere Text goes Europe Fibre Cement For personal use only Average Net Sales Price 680 US$657 600 US$ per MSF 520 440 360 FY05 FY06 FY07 FY08 FY09 FY10 Q1 FY11 13 Product Leadership Example – ColorPlus® Text goes here ColorPlus® Collection (pre-painted siding and trim): Driving growth against v
Slide 8: A challenging US operating environment
Product Leadership Example – HardieZone™ System Text goes here For personal use only 7th Generation versus 2nd Generation generic fibre cement The HardieZone™ System represents a logical extension of Hardie technology 15 A challenging Text goes here US operating environment US housing starts data in
Slide 9: Response to US housing downturn
Response to US housing downturn Text goes here For personal use only Focus on primary demand growth and cost management Business re-set to balance supply and demand production suspended at Blandon PA (October 2007), Summerville SC plants and Fontana CA (November 2008) corporate-wide review of activi
Slide 10: Group Outlook
Asia Pacific Text goes here Fibre Cement For personal use only Ceilings and partitions Exterior cladding Philippines Australia New Zealand Australia Interior walls General purpose flooring 19 Group Text goesOutlook here United States The recovery in the US remains weak and fragile Hopes for an accel
Slide 11: Group Outlook – Asia Pacific and Group Strategy
Group Text goesOutlook here For personal use only Asia Pacific The residential housing markets in Australia, New Zealand and the Philippines are expected to maintain their underlying strength in fiscal year 2011 Softness in the renovation and commercial markets is expected to offset a significant po
Slide 12: Legacy Issues Update
For personal use only Appendix Legacy Text goes Issues here Update Asbestos A contribution of A$72.8m (US$63.7m) was made to the AICF on 1 July 2010. James Hardie’s contributions to AICF since its establishment in early 2007 total A$375.1m James Hardie is continuing to work with the NSW Government a
Slide 13: 1st Quarter 2011 Results – Overview
st Quarter 2011 Results – Overview 1Text goes here For personal use only 1st Quarter operating results reflect a challenging US operating environment, higher input costs (particularly pulp and freight in the US), a strong positive contribution by the Asia Pacific businesses and lower corporate costs
Slide 14: Guidance
USA andhere Text goes Europe Fibre Cement For personal use only Primary Growth Performance 30% 20% 10% 0% Q104 Q304 Q105 Q305 Q106 Q306 Q107 Q307 Q108 Q308 Q109 Q309 Q110 Q310 Q111 -10% -20% -30% -40% %JHBP Growth (sdft) NC/R&R Growth Rolling 4Qtr - JHBP Growth (sdft) Rolling 4Qtr - NC/R&R Growth Al
Slide 15: Endnotes
Endnotes Text goes here For personal use only This Management Presentation forms part of a package of information about the company’s results. It should be read in conjunction with the other parts of this package, including Management’s Analysis of Results, a Media Release and a Financial Report. De
Slide 16: Non-US GAAP Financial Measures
Text goes here For personal use only Non-US GAAP Financial Measures EBIT and EBIT margin excluding asbestos and ASIC expenses – EBIT and EBIT margin excluding asbestos and ASIC expenses are not measures of financial performance under US GAAP and should not be considered to be more meaningful than EB
Slide 17: Non-US GAAP Financial Measures (continued)
Text goes here For personal use only Non-US GAAP Financial Measures (continued) Diluted earnings per share excluding asbestos, ASIC expenses and tax adjustments – Diluted earnings per share excluding asbestos, ASIC expenses and tax adjustments is not a measure of financial performance under US GAAP
Slide 18: Non-US GAAP Financial Measures (continued)
Text goes here For personal use only Non-US GAAP Financial Measures (continued) EBITDA – is not a measure of financial performance under US GAAP and should not be considered an alternative to, or more meaningful than, income from operations, net income or cash flows as defined by US GAAP or as a mea
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