Mersen Sa · EURONEXT:MRN
Mersen Sa — Investor Day (November 2018)
15 slides from Mersen Sa's investor day presentation, Nov 29, 2018
Slide 1: Capital Markets Day
CAPITAL MARKETS DAY NOVEMBER 29, 2018 Changer la photo
Slide 2: Agenda
AGENDA 9:00 – 9:25 Mersen: Creating value for our stakeholders Luc Themelin Philippe Chemin 9:25 – 10:10 Mersen’s contribution to Solar Energy Laurent Marcenac 10:10 – 10:40 Batteries for Energy Storage Systems Philippe Roussel Break 11:10 – 12:00 Energy Efficiency at Mersen Christophe Bommier 12:00
Slide 3: Mersen: Creating Value for Our Stakeholders
MERSEN: CREATING VALUE FOR OUR STAKEHOLDERS CAPITAL MARKETS DAY – NOVEMBER 29, 2018 LUC THEMELIN, CHIEF EXECUTIVE OFFICER Changer la photo
Slide 4: Mersen: Our Mission, Technological Progress
MERSEN: OUR MISSION, TECHNOLOGICAL PROGRESS WE PROVIDE INDUSTRIAL COMPANIES WE ARE DEVELOPING WORLDWIDE WITH INNOVATIVE SOLUTIONS THE BEST TECHNOLOGIES ENHANCING THE PERFORMANCE OF THEIR FOR THE INDUSTRIES OF THE FUTURE PRODUCTS AND SERVICES 4 CMD Mersen – November 2018
Slide 5: Creating the Value That Drives Our Stakeholders
CREATING THE VALUE THAT DRIVES OUR STAKEHOLDERS OUR OUR OUR OUR PARTNERS EMPLOYEES CUSTOMERS SHAREHOLDERS 5 CMD Mersen – November 2018
Slide 6: The Group's Foundation: Human Capital
OUR THE GROUP’S FOUNDATION: HUMAN CAPITAL EMPLOYEES WORK TO KEEP EVERYONE DEVELOP DEVELOP A SENSE OF BELONGING SAFE SKILLS Strengthen the Company’s attractiveness Training, prevention and Golden Rules Management Academy Anchor our values Health and safety weeks OpenExpert Program Promote collaborati
Slide 7: Prestigious and Exacting Customers
OUR PRESTIGIOUS AND EXACTING CUSTOMERS... CUSTOMERS 35% 11% 17% 18% 19% PROCESS as a % of sales in 2017 INDUSTRIES CHEMICALS TRANSPORTATION ELECTRONICS ENERGY > 65% customized products Replacement market 65% of sales Largest client ~3% of sales Longstanding ties 7 CMD Mersen – November 2018
Slide 8: ...Who Benefit from Our Expertise
...WHO BENEFIT FROM OUR EXPERTISE OUR CUSTOMERS FOR GREATER PERFORMANCE AND EFFICIENCY ELECTRICAL POWER ADVANCED MATERIALS NO. 1-2 NO. 1-2 NO. 1-2 NO. 2 WORLDWIDE NO. 2 WORLDWIDE WORLDWIDE Components WORLDWIDE WORLDWIDE Industrial fuses Graphite for power electronics High-temperature Brushes for ind
Slide 9: ...As Well as From Our Global Operations
OUR ...AS WELL AS FROM OUR GLOBAL OPERATIONS CUSTOMERS NORTH Employees: 2,012 AMERICA Production facilities: 13 EUROPE Employees: 2,062 Production facilities: 19 SOUTH Employees: 587 AMERICA - AFRICA Production facilities: 5 ASIA-PACIFIC Employees: 1,723 Production facilities: 13 2017 6,384 employee
Slide 10: Long-Term Relationships with Our Shareholders Based on Trust
LONG-TERM RELATIONSHIPS WITH OUR SHAREHOLDERS THAT OUR SHAREHOLDERS ARE BASED ON TRUST DIVIDEND POLICY: INDIVIDUAL & EMPLOYEE PAYOUT RATIO OF BPI & CDC 15% SHAREHOLDERS AND TREASURY SHARES 10% ARDIAN 10% 30%-40% SHAREHOLDER STRUCTURE AT JUNE 30, 2018 RIGOROUS FINANCIAL OTHER MANAGEMENT: INSTITUTIONA
Slide 11: Partners That Are Critical to Our Development
OUR PARTNERS THAT ARE CRITICAL TO OUR DEVELOPMENT PARTNERS FINANCIAL PARTNERS SUPPLIERS REGIONS Long-term relationships Inclusion of environmental/ethics criteria Extensive delegation of responsibilities across each entity Diversified sources of financing Focus on quality and reliability Respect for
Slide 12: Balanced Governance
BALANCED GOVERNANCE U S D Compliance with Separation of control 3 Specialized Board An 11-member Compliance: the AFEP-MEDEF and management Committees Board Chief Compliance corporate governance functions (Audit and Accounts, 2 representatives from Ardian Officer code (Chairman of the Board, Strategy
Slide 13: From Product Design to Recycling
INSIDE MERSEN: A REDUCED ENVIRONMENTAL FOOTPRINT ...FROM PRODUCT DESIGN TO RECYCLING ECO-FRIENDLY CLEAN PROACTIVE ONGOING RECYCLING PRODUCTS PROCESSES WASTE MANAGEMENT Graphite manufacturing: a “best 100% of graphite powder recycled Percentage of waste recycled: during the process No Mersen product
Slide 14: More Than Half of Mersen Solutions Are for Sustainable Development Markets
MERSEN INSIDE: MORE THAN HALF OF MERSEN SOLUTIONS ARE FOR SUSTAINABLE DEVELOPMENT MARKETS PROCESS INDUSTRIES 34% SUSTAINABLE DEVELOPMENT CHEMICALS MARKETS 9% TRANSPORTATION 17% ELECTRONICS 19% ENERGY 21% Solar Wind Hydro- power 2013 Breakdown of 2017 sales 2018 (estimate) 14 CMD Mersen – November 20
Slide 15: Markets with Major Growth Potential in the Medium Term
MARKETS WITH MAJOR GROWTH POTENTIAL IN THE MEDIUM TERM Sales in €m 1000 900 800 SOLAR PHOTOVOLTAICS ENERGY STORAGE 700 50%+ 50%+ 600 40% 40% SUSTAINABLE Sustainable development markets DEVELOPMENT MARKETS 500 400 SIC LASER MIRRORS SIC SEMICONDUCTEURS 300 CAGR 2018-2023 200 [+10-15%]* 100 0 2013 2014