Singapore Technologies Engineering Ltd · SGX:S63
Singapore Technologies Engineering — Shareholder Meeting (April 2018)
24 slides from Singapore Technologies Engineering's shareholder meeting presentation, Apr 20, 2018
Slide 1: 21st Annual General Meeting
21st Annual General Meeting Vincent Chong President & CEO 20 / 01 APRIL 2018
Slide 2: 2017: Higher Profits…
2017: Higher Profits... £"6 ST Engineering « @ Group PBT (S$623m) Revenue & Net Profit (S$512m) Order Book S$6.6b +6% $$13.2b /2
Slide 3: …doing well commercially… Aerospace
…doing well commercially… Aerospace Continued MRO leadership Secured additional orders for A330-300 Passenger-to- freighter conversions and redelivered the first freighter /3
Slide 4: …doing well commercially… Electronics
…doing well commercially… Electronics Commenced development Launched industry 1st TeLEOS 2 Acquired 51% cyber security product Singapore’s 1st Synthetic Network of Enables safe access Aperture Radar-based fibre optic to networks from a imaging satellite infrastructure single device /4
Slide 5: …doing well commercially… Land Systems
…doing well commercially… Land Systems Completed delivery of 16 Terrex 2 vehicles to the US Marine Corps Awarded contract for the Next Generation Armoured Fighting Vehicle Acquired Aethon, a leading provider of autonomous mobile robots, strengthening our robotics business /5
Slide 6: …doing well commercially… Marine
…doing well commercially… Marine Awarded contract to build America’s first offshore LNG Articulated Tug & Barge Delivered 3rd and 4th Littoral Mission Vessels to the Republic of Singapore Navy /6
Slide 7: …and doing good in our Golden Jubilee year
…and doing good in our Golden Jubilee year Set out to do 50 Good Deeds to celebrate our Golden Jubilee and surpassed our goal /7
Slide 8: Focus Areas for Next Growth Phase
Focus Areas for Next Growth Phase /8
Slide 9: Strengthen Core Businesses | Aerospace
Strengthen Core Businesses | Aerospace Invest in new growth areas Strengthen and grow engineering and MRO Seed the future with unmanned technologies By 2022, we expect steady state revenue of more than S$400m per annum from our Passenger-to-Freighter business /9
Slide 10: Strengthen Core Businesses | Marine
Strengthen Core Businesses | Marine Enhance our product offerings for the future Strengthen US business to position for upturn Grow our environmental engineering business By 2022, we expect Marine sector revenue to recover to 2013 to 2014 levels, subject to the business cycle / 10
Slide 11: Pursue Growth Opportunities | Defence Export
Pursue Growth Opportunities | Defence Export Focus on developing targeted products and solutions Leverage proven successes in defence capabilities and export wins Focus on specific markets / 11
Slide 12: Pursue Growth Opportunities | Smart City
Pursue Growth Opportunities | Smart City Build upon core competencies and end-to-end capabilities Significant and growing market opportunity Leverage Singapore track record; positioned for overseas success Icon to be Expect Smart City revenue of S$1b in 2017 to more than amended to have >2x in doubl
Slide 13: Our Smart City Offerings and Track Records Match Needs of Smart Cities
Our Smart City Offerings and Track Records Match Needs of Smart Cities / 13
Slide 14: Develop Businesses through New Enterprises and Ventures
Develop Businesses through New Enterprises and Ventures Judicious evaluation New growth of growth opportunities opportunities Strategic Analysis 1 Health Tech Market Attractiveness Ability to Win 2 Digital Strategic Fit 3 … Internal Rate of Return Threshold 4 … Net Present Value Go/ No-go Investment
Slide 15: Recognise Challenges and New Realities as We Pursue Growth
Recognise Challenges and New Realities as We Pursue Growth Singapore as Future growth Leverage strength New go-to- important largely from global of integrated market models reference market markets approach and M&A focus / 15
Slide 16: Aspiration: Global Technology, Defence & Engineering Powerhouse
Aspiration: Global Technology, Defence & Engineering Powerhouse / 16
Slide 17: People & Culture
People & Culture People are Strengthen our strengths leadership bench • Build strong sense • Drive key focus areas of purpose and - Shared Services belonging - Digitalisation - New lines of • Strengthen capacity businesses and capability for growth / 17
Slide 18: Customers & Marketing
Customers & Marketing ST Engineering Build marketing presence Develop new Masterbrand and capabilities capabilities / 18
Slide 19: Technology & Innovation
Technology & Innovation Build, partner and acquire to develop technology capabilities / 19
Slide 20: Technology & Innovation Broaden Outreach to Leverage External Capabilities
Technology & Innovation Broaden Outreach to Leverage External Capabilities / 20
Slide 21: Capacity For Growth
Capacity For Growth Financial Efficiency & Portfolio Disciplined Strength Scalability Management Growth • Strong balance • Cost optimisation • Diversified • Disciplined sheet provides through Shared portfolio approach to capacity to grow Services go-to-market • Unlock value and sustain • Cumulative
Slide 22: Strong Order Book
Strong Order Book NEAR TERM Strong order book of S$13.2b provides stability and visibility on near-term revenue and cash flows / 22
Slide 23: Committed to long-term sustainable value creation
Committed to long-term sustainable value creation • Smart City revenue of S$1b to more than double by 2022 • Core and other businesses CAGR 2 to 3 times global GDP growth rate over the next 5 years • Two-thirds of our revenue growth will be from global markets • Net profits to grow in tandem with re
Slide 24: Thank You
WW “,« ST Engineering THANK YOU
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