Solvay Sa · EURONEXT:SOLB
Solvay Sa — Shareholder Meeting (May 2017)
25 slides from Solvay Sa's shareholder meeting presentation, May 9, 2017
Slide 1: Jean-Pierre Clamadieu, Chairman of the Executive Committee & CEO
Jean-Pierre Clamadieu Chairman of the Executive Committee & CEO
Slide 2: Solvay: asking more from chemistry
S SOLVAY asking more from chemistry® MORE FUTU e
Slide 3: Creating a future with more potential
CREATING A FUTURE WITH MORE POTENTIAL OUR AMBITION BECOME A MULTI-SPECIALTY CHEMICAL SOLUTIONS-PROVIDER BUILD A NEW MODEL OF SUSTAINABLE CHEMISTRY TO HELP ANSWER SOME OF SOCIETY’S CHALLENGES Shareholders’ meeting 3 May 9, 2017
Slide 4: A new milestone in our transformation
A NEW MILESTONE IN OUR TRANSFORMATION global Portfolio transformation acceleration Portfolio Successful Cytec transformation integration acceleration sustainable Formulated Resins specialty Indupa Acetow (1) Polyolefin cross linkable VinyThai compounds resilient Inovyn PVC exit 2016 innovative (
Slide 5: A multi-specialty chemical solutions-provider
A MULTI-SPECIALTY CHEMICAL SOLUTIONS-PROVIDER PERFORMANCE CHEMICALS ADVANCED MATERIALS ADVANCED FORMULATIONS & FUNCTIONAL POLYMERS - High performance - Expert in surface chemistry - Leader in chemical materials intermediates - Optimizing and customizing (scale and technology) - Solutions for sustain
Slide 6: A more diversified profile
A MORE DIVERSIFIED 27% 33% PROFILE >50% Regional GEOGRAPHIES in Europe balance 10% Europe Asia & RoW 30% Latin America North America 2010 net sales 2016 net sales € 6.5 bn € 10.9 bn MARKETS 18% 28% Automotive & aerospace Resources & environment Electrical & electronics ~20% ~50% 11% in GDP+ in GDP+
Slide 7: Focus on customer challenges leading to value creation
FOCUS ON CUSTOMER CHALLENGES Innovation & LEADING TO VALUE technology leadership CREATION Application expertise Customer centricity Innovative & Strong entrepreneurial customer talents partnership Shareholders’ meeting 7 May 9, 2017
Slide 8: Focus on customer challenges leading to value creation
FOCUS ON CUSTOMER CHALLENGES Innovation & LEADING TO VALUE technology leadership CREATION Application expertise Customer centricity Innovative & Strong entrepreneurial customer talents partnership Shareholders’ meeting 8 May 9, 2017
Slide 9: Innovation & technology leadership: application expertise
INNOVATION & TECHNOLOGY LEADERSHIP APPLICATION EXPERTISE SUSTAINABLE MOBILITY QUALITY OF LIFE MINING Silica for Next generation fuel efficient guar polymers performance tires & derivatives Premium SW Hair Care platform Lithium extraction • process speed & efficiency Desinfectant • extraction costs r
Slide 10: More and faster innovation
MORE AND FASTER INNOVATION New supramolecular Functionalized materials biomolecules 6 MID-TERM Surface New polymers for composites modification Sulfide chemistry More efficient surfactants GROWTH Anti-soil coatings New generation batteries INITIATIVES Electro-active Breakthrough hybrid formulations
Slide 11: Focus on customer challenges leading to value creation
FOCUS ON CUSTOMER CHALLENGES Innovation & LEADING TO VALUE technology leadership CREATION Application expertise Customer centricity Innovative & Strong entrepreneurial customer talents partnership Shareholders’ meeting 11 May 9, 2017
Slide 12: Addressing the needs of leading customers
ADDRESSING THE NEEDS OF LEADING CUSTOMERS MORE value Shareholders’ meeting 12 May 9, 2017
Slide 13: Focus on customer challenges leading to value creation
FOCUS ON CUSTOMER CHALLENGES Innovation & LEADING TO VALUE technology leadership CREATION Application expertise Customer centricity Innovative & Strong entrepreneurial customer talents partnership Shareholders’ meeting 13 May 9, 2017
Slide 14: Entrepreneurial mindset
ENTREPRENEURIAL MINDSET Dentivera TM milling disk made with Ultaire TM AKP SOLVAY DENTAL 360TM a unique business line for dental care Metal free Biocompatible Removable Partial Denture RPD Natural looking >60% lighter than a metal frame Digital workflow efficiency for dentists and lab tech
Slide 15: Developing committed & innovative talents
DEVELOPING COMMITTED & INNOVATIVE TALENTS Talent acquisition and development Talent Days: develop our people, encourage networking to facilitate mobility International Management Seminar: *foster a collaborative culture among our teams Diversity and inclusion By 2020 • 20% of senior executive positi
Slide 16: Our 2016 achievements
OUR 2016 ACHIEVEMENTS Shareholders’ meeting 16 May 9, 2017
Slide 17: Sustainability commitments embedded in our strategy
SUSTAINABILITY COMMITMENTS EMBEDDED IN OUR OCCUPATIONAL STRATEGY ACCIDENT RATE Objective 2025: reduce by 50% the number of accidents OF EMPLOYEES INVOLVED GREENHOUSE IN SOCIETAL ACTIONS* GAS INTENSITY Objective 2025: to reach 40% Objective 2025: a 40% drop OF SUSTAINABLE PEOPLE SOLUTIONS IN GROUP SA
Slide 18: Solid financial performance in 2016
SOLID FINANCIAL PERFORMANCE EBITDA IN 2016 € 2.3 bn +7.5% vs 2015 NET SALES € 10.9 bn (4.7)% vs 2015 FREE CASH FLOW € 876 m vs 2015 PROFIT FOR THE PERIOD € 492 m Attributable to Solvay share € 846 m +10% vs 2015 DIVIDEND per share +4.5% € 3.45 vs 2015 Underlying 2016 data Shareholders’ meeting 18 Ma
Slide 19: Our model for creating value
OUR MODEL FOR CREATING VALUE THE RESOURCES THE VALUE WE USE WE CREATE ECONOMIC ECONOMIC Asking ENVIRONMENTAL MORE ENVIRONMENTAL from chemistry SOCIAL SOCIAL Strategic objective ECONOMIC INPUT INPUT SOCIAL INPUT ENVIRONMENTAL Greenhouse gas intensity Underlying ECONOMIC Underlying profitENVIRONMENTAL
Slide 20: Shareholders' meeting May 9, 2017
Shareholders’ meeting 20 May 9, 2017
Slide 21: Shareholders' meeting May 9, 2017
Shareholders’ meeting 21 May 9, 2017
Slide 22: Shareholders' meeting May 9, 2017
Shareholders’ meeting 22 May 9, 2017
Slide 23: More success to come
MORE SUCCESS TO COME Shareholders’ meeting 23 May 9, 2017
Slide 24: Strong start into 2017
STRONG START INTO 2017 NET SALES EBITDA € 2.97 bn € 616 m +12% vs Q1 2016 vs Q1 2016 +9.7 % EBITDA margin: 21% FREE PROFIT FOR THE PERIOD CASH FLOW Attributable to Solvay share € 164 m vs Q1 2016 € 256 m +33% vs Q1 2016 €9m Underlying 2017 data Shareholders’ meeting 24 May 9, 2017
Slide 25: Priorities and perspectives 2017
PRIORITIES AND PERSPECTIVES 2017 EBITDA Free cash flow Mid-single digit growth Asking > € 800 million (on basis of existing MORE from chemistry continuing businesses) Continuing to Create improve the quality value for our of our portfolio shareholders Shareholders’ meeting 25 May 9, 2017