Georg Fischer Ag · SIX:GF
Georg Fischer — Investor Presentation (October 2019)
35 slides from Georg Fischer's investor presentation, October 2019
Slide 1: Investor Presentation
GF Corporation Investor Presentation October 2019
Slide 2: Pioneering industrial technology for more than 200 years
GF Corporation Pioneering industrial technology for more than 200 years 1802 1864 1897 1921 GF Corporate GF Piping Systems GF Casting Solutions GF Machining Solutions Georg Fischer First Piping Systems First Automotive Part First Machinery founded in Schaffhausen product As of 1900 GF develops wheel
Slide 3: Today GF stays at the frontier of new technologies
GF Corporation Today GF stays at the frontier of new technologies … Sales 2018 CHF 4.6 billion, EBIT CHF 382 million and 15'047 employees 1 Our core strength lies in applying state 46% of the art industrial technologies GF Piping Systems We specialize in developing tailored solutions to meet t
Slide 4: … with a worldwide presence
GF Corporation … with a worldwide presence … Americas Europe Asia Pacific 10 production sites 35 production sites 36 production sites 13 sales sites 42 sales sites 55 sales sites 2 R&D centers 6 R&D centers 2 R&D centers Present in 39 countries: 81 production sites, 110 sales sites, 10 R&D centers 4
Slide 5: … having an impact on every day life
GF Corporation … having an impact on every day life 6am 7am 9am 2pm 8pm 5 Investor Presentation | October 2019
Slide 6: Key figures H1 2019
GF Corporation Key figures H1 2019 Sales Corporation Sales GF Piping Systems EBIT CHF / ROS % EBIT 139m CHF 1.9b CHF 913m EBIT before one off 153m - 20.1% nom. - 2.7% nom. ROS 7.3% - 5.5% org. - 0.2% org. ROS before one off 8.0% Sales GF Casting Solutions Sales GF Machining Solutions ROIC CHF 505 m
Slide 7: Global mega trends provide growth opportunities for GF…
Global mega trends provide growth opportunities for GF… 7 Investor Presentation | October 2019
Slide 8: Urbanization drives need for piping systems
GF Corporation Urbanization drives need for piping systems Speed of urbanization Substantial water loss reduction with Sabesp, Brazil More than 33% of the world’s drinking water is lost due to leakages* Reduction of water loss by leakages from 34% to 28% until 2021 ~ -17% Replacement of 760 km o
Slide 9: Increased environmental regulations drive demand for lighter components
GF Corporation Increased environmental regulations drive demand for lighter components CO2-regulations EU for More than 50% weight reduction passenger cars Previous sheet metal part 9.6 kg 9,6 kg Weight reduction by 56% or 10.8 kg per vehicle: Lightweight cast Reduced CO2-emissions solution in ove
Slide 10: Digitalization and miniaturization increase need for precision
GF Corporation Digitalization and miniaturization increase need for precision Mobile computing with continuously evolving technology In over 50 countries 66% of all GFMS preferred partner FORM X 400 people have a smartphone (2016: 58%) of leading suppliers Source: Zenith Mobile Avertising Forecast
Slide 11: Strategy 2020 – Pursue profitable expansion … Objectives
GF Corporation Strategy 2020 – Pursue profitable expansion … Widen presence in growth markets, adapt portfolio & footprint in Europe Objectives Shift divisions’ portfolio to higher margin businesses ROIC 20-24% Anchor Design Thinking / Value Selling in GF’s culture ROS 9-10% Annual Growth 3-5% 11 In
Slide 12: … with a strong focus on sustainability
GF Corporation … with a strong focus on sustainability GF Piping Systems GF Casting Solutions GF Machining Solutions Safe & hygienic Reduction of CO2- Highest machining transport of water emission through precision leads to lightweight design & more energy-efficient materials and safer components ba
Slide 13: GF Piping Systems
GF Piping Systems 13 Investor Presentation | October 2019
Slide 14: GF Piping Systems
GF Corporation GF Piping Systems We are a leading supplier of piping systems made of plastics and metal We focus on system solutions and high- quality components for the safe transport of water, chemicals and gases Our product portfolio of fittings, valves, pipes, automation, and jointing Pont
Slide 15: Partnering with our customers …
GF Piping Systems Partnering with our customers … Industry Utility Building Technology 15 Investor Presentation | October 2019
Slide 16: … to conserve water and avoid contamination through safe and secure piping systems …
GF Piping Systems … to conserve water and avoid contamination through safe and secure piping systems … Hycleen Automation System Latest actuator generation 16 Investor Presentation | October 2019
Slide 17: … matching our customers needs by investing in regional production capacity …
GF Piping Systems … matching our customers needs by investing in regional production capacity … Yangzhou Shanghai Footprint 25,000 sqm CHF 28 million investment Start of operation end 2020 New Yangzhou plant: pipe, fittings and instrumentation for Industrial and Building Technology application
Slide 18: … making your flow sustainable
GF Piping Systems … making your flow sustainable 3 GOOD HEALTH AND 6 CLEAN WATER 9 INDUSTRY, INNOVATION WELL-BEING AND SANITATION AND INFRASTRUCTURE 9 11 12 13 11 SUSTAINABLE CITIES 12 RESP. CONSUMPTION 13 CLIMATE ACTION AND COMMUNITIES AND PRODUCTION 18 Investor Presentation | October 2019
Slide 19: GF Casting Solutions
GF Casting Solutions 19 Investor Presentation | October 2019
Slide 20: GF Casting Solutions
GF Casting Solutions GF Casting Solutions We are a technologically pioneering development partner and manufacturer of cast and additive components for the global automotive industry, aerospace and energy markets, off-highway vehicles and for industrial applications Our highly complex lightweight
Slide 21: Partnering with leading manufacturers worldwide …
GF Casting Solutions Partnering with leading manufacturers worldwide … Aerospace / Passenger Cars Industrial Applications Industrial Gas Turbines 21 Investor Presentation | October 2019
Slide 22: AMotion Center
GF Casting Solutions … and focusing on new manufacturing technologies in the aerospace sector AMotion Center Additive Manufacturing in Motion: From concept to serial production Turbine Rear Vane: 48h print-job, 500x500x500 GFMS/3DS DMP Factory500 22 Investor Presentation | October 2019
Slide 23: Swift actions to address automotive drop…
GF Casting Solutions Swift actions to address automotive drop… Werdohl Herzogenburg Altenmarkt Scornicesti Pitesti Consolidation of production Strengthening of production capacity in Europe footprint in Eastern Europe 23 Investor Presentation | October 2019
Slide 24: …yet accelerated investments in the future…
GF Casting Solutions …yet accelerated investments in the future… New tool shop in Expansion & construction of Suzhou, China magnesium module 1B at our JV plant GF Linamar, USA 24 Investor Presentation | October 2019
Slide 25: … leading to lower CO2-emissions worldwide by providing light weight components
GF Casting Solutions … leading to lower CO2-emissions worldwide by providing light weight components Climate Action 25 Investor Presentation | October 2019
Slide 26: GF Machining Solutions
GF Machining Solutions 26 Investor Presentation | October 2019
Slide 27: GF Machining Solutions
GF Machining Solutions GF Machining Solutions We are one of the world’s leading providers of complete solutions to the tool and mold making industry and to manufacturers of precision components Our portfolio includes milling, wire-cutting and die- sinking EDM machines We offer spindles, laser
Slide 28: We offer our customers …
GF Machining Solutions We offer our customers … ICT Medical Aerospace 28 Investor Presentation | October 2019
Slide 29: … solutions applying the latest technology to their precision needs …
GF Machining Solutions … solutions applying the latest technology to their precision needs … DMP350 assembly in Losone, Switzerland ML10 machine in the US 29 Investor Presentation | October 2019
Slide 30: … and focusing on operational excellence in our facilities …
GF Machining Solutions … and focusing on operational excellence in our facilities … New milling plant in Changzhou, China New innovation and production center in Biel, Switzerland 30 Investor Presentation | October 2019
Slide 31: … to address energy efficiency
GF Machining Solutions … to address energy efficiency 31 Investor Presentation | October 2019
Slide 32: GF in short …
GF in short … 32 Investor Presentation | October 2019
Slide 33: GF's investment proposition
GF Corporation GF's investment proposition Strategy focused on higher value businesses - widening presence in growth markets and adaption of portfolio in Europe supported by addressing new market segments Products and services addressing demand of global mega trends - global mega trends with dir
Slide 34: Thank you for your attention
Thank you for your attention
Slide 35: Disclaimer
Disclaimer This document is for presentation purposes only and should not be construed as an offer, invitation or solicitation to subscribe for, purchase or sell any investment. Neither it nor anything it contains shall form the basis of any contract whatsoever. Opinions expressed herein reflect the