Bekaert SA · EURONEXT:BEKB
Bekaert SA — Investor Day (December 2004)
27 slides from Bekaert SA's investor day presentation, Dec 17, 2004
Slide 1: Analysts' Day 2004
Analysts’ Day 2004 BEKAERT
Slide 2: Welcome at Bekaert Waregem
Analysts’ Day Welcome at Bekaert Waregem 17 December 2004
Slide 3: Activity of advanced wire products
3 Activity of advanced wire products Advanced Advanced metal materials and transformation coatings Advanced wire products Advanced materials Wire Europe Fibre technologies Wire North America Combustion technologies Wire Latin America Composites Wire Asia Building products Steel cord China Steel cord
Slide 4: Activity steel cord others
4 Activity steel cord others Tire Cord Bead Wire Steel wires, cords and other wire products for various Hose polymer reinforcement and Reinforcemen industrial applications. t Wire Belt Cord Woven Steel Cord Waregem plant Fine Cord IR 041217 - p4/31 Analysts’ day – (17 December 2004)
Slide 5: Woven steel cord products
Fine steel cord products Timing belts Automotive cables Hoisting belts Woven steel cord products Conveyor and passenger belts
Slide 6: Fine steel cord product portfolio
6 Fine steel cord product portfolio Distribution (in weight) Distribution (in length) Hoisting Hoisting 5% 19% Control Cable 24% Timing belts Control Cable Timing belts 71% 30% 51% Annual production = 390.000 km = distance earth - moon Automotive : window elevator cable Major market player Timing be
Slide 7: Fine steel cord in timing belts
7 Fine steel cord in timing belts Function transmission of movement and/or power Applications timing belts, V-belts, flat belts Customers Megadyne, Breco, ContiTech, Gates IR 041217 - p7/31 Analysts’ day – (17 December 2004)
Slide 8: Timing belt applications
8 Timing belt applications IR 041217 - p8/31 Analysts’ day – (17 December 2004)
Slide 9: Fine steel cord in automotive cables
9 Fine steel cord in automotive cables Applications • Window elevator cable • Hood and trunk release • Mirror cable Major customers Brose, Küster, Alpes, ArvinMeritor System advantages • Weight saving • Space flexibility IR 041217 - p9/31 Analysts’ day – (17 December 2004)
Slide 10: Fine steel cord in hoisting belts
10 Fine steel cord in hoisting belts Function: hoisting Application: elevators Major customers : Major elevator companies System advantages • Size traction drive wheel • Total space savings • Extended lifetime • Weight savings IR 041217 - p10/31 Analysts’ day – (17 December 2004)
Slide 11: Fine steel cord in hoisting applications
11 Fine steel cord in hoisting applications Conventional elevator Gen2 Otis elevator Controller Machine Machine Controller Cables Steel cord strips IR 041217 - p11/31 Analysts’ day – (17 December 2004)
Slide 12: Steel cord processing
12 Steel cord processing Wire Rod diameter (mm) 0.70-0.80 % C 6.50-5.50 Chemical Pickling Mechanical Descaling 3.70-2.80 1° Dry Drawing 1° Patenting HRW TC BW 2° Dry Drawing 2.90-1.00 2.17-0.76 1.83-0.89 Stress Relieving Bead Wire + bronze coating 2° Patenting + Brass or Zinc coating HRW - SW Hose W
Slide 13: Woven steel cord products
Fine steel cord products Timing belts Automotive cables Hoisting belts Woven steel cord products Conveyor and passenger belts
Slide 14: Bekaert Fleximat product portfolio
14 Bekaert Fleximat® product portfolio • Market leader in transversal reinforced conveyor belts • Annual production surface = 550.000 m² = 110 soccer fields Straight warp Impact weft R cord Woven fabric Impact weft E cord Breaker fabric IR 041217 - p14/31 Analysts’ day – (17 December 2004)
Slide 15: Fleximat woven fabric
15 Fleximat® woven fabric Applications Forest and farm tires Characteristics Steel cord in warp IR 041217 - p15/31 Analysts’ day – (17 December 2004)
Slide 16: Fleximat impact weft and straight warp
16 Fleximat® impact weft and straight warp Reinforcement of (rubber) products A special weave structure with: In the warp direction: specially designed open type steel cords to equalize tension straight (=unbent) warp to enable full strength usage In the weft direction: high elongation cord for (tra
Slide 17: Fleximat impact weft
17 Fleximat® impact weft Applications Bulk handling Long haul transport : ore and lignite Industrial transport : stones and cokes Characteristics Warp: steel cord with low or moderate elongation Weft: steel cord with high elongation (U-shape) IR 041217 - p17/31 Analysts’ day – (17 December 2004)
Slide 18: Fleximat straight warp
18 Fleximat® straight warp Applications Stacker reclaimer Belt bucket elevator Characteristics: 1 or 2 layer weft Warp: steel cord with moderate elongation Weft: either high elongation or regular steel cord IR 041217 - p18/31 Analysts’ day – (17 December 2004)
Slide 19: Fleximat breaker fabric
19 Fleximat® breaker fabric Applications Coverband / Dust seal belts Long haul transport : transversal reinforcement with textile or belt cord Moving walkways Characteristics Steel cord in weft Nylon yarn in warp IR 041217 - p19/31 Analysts’ day – (17 December 2004)
Slide 20: Fleximat metal weft
20 Fleximat® metal weft Applications under development : Stab-free vests Side curtains for lorries Architectural fabrics Industrial doors IR 041217 - p20/31 Analysts’ day – (17 December 2004)
Slide 21: Fleximat insertion strips
21 Fleximat® insertion strips Applications: Handrails for escalator Rubber tracks Under development: Pipe reinforcement Steel reinforced thermoplastics IR 041217 - p21/31 Analysts’ day – (17 December 2004)
Slide 22: Technological leadership
Technological leadership ® BEKAERT
Slide 23: Technological strengths
23 Technological strengths Full control of the production process : • coating or plating • wet wire drawing IR 041217 - p23/31 Analysts’ day – (17 December 2004)
Slide 24: Technological strengths
24 Technological strengths Full control of the production process : • Stranding • Cord making IR 041217 - p24/31 Analysts’ day – (17 December 2004)
Slide 25: Technological leadership
25 Technological leadership Patents The Bekaert group properly protects its valuable technological developments • to strengthen its leadership in the core business • or leading to promising new diversification activities As a proof, since 2000 our plant has filed 12 patents out of which 10 products
Slide 26: Growth ratio
180 160 Growth ratio 140 120 % (00 = 100) 100 167 80 151 135 60 119 112 100 88 82 40 62 61 66 47 20 37 20 0 92 93 94 95 96 97 98 99 00 01 02 03 04 05 year
Slide 27: Evolution of turnover
27 Evolution of turnover Number of people in October 2004 : blue collar : 112 white collar : 24 management : 12 Evolution of turnover relative to 2000 180 160 140 120 % (00 = 100) 100 167 80 151 135 60 119 112 100 88 82 40 62 61 66 47 20 37 20 0 92 93 94 95 96 97 98 99 00 01 02 03 04 05 year IR 0412