Sika AG · SIX:SIKA
Sika — Media Conference 2010
16 slides from Sika's conference presentation, Mar 2, 2010
Slide 1: Media Conference, March 2nd, 2010
Media Conference March 2nd, 2010 Ernst Bärtschi, CEO Outlook 2010 / 2011
Slide 2: First 3 Anecdotes from 2009
First 3 Anecdotes from 2009 In order to have real time reaction in the market and uniform communication, we decided to have “Friday Letters” starting in March 2009 and ending in October 2009. 3 events…. and the anecdotes! 1. Announcement of delayed and potentially lower bonus payments 2. Easter 2009
Slide 3: Market Position
Market Position Selected Market Position Improvements 2004 ranking 2009 ranking Concrete 450 3 800 2 Biggest competitor: BASF 1’150 1 1’400 1 Roofing 150 4 680 1 Biggest competitor: Firestone 300 2 550 2 Waterproofing 200 2 400 1 Biggest competitor: Grace 350 1 250 2 Flooring 200 2 320 1 Biggest com
Slide 4: Economic Expectations
Economic Expectations Europe: Unstable, aftershocks probable USA: 21 states at the brink of bankruptcy Latin America: Stable to good with few exceptions (Venezuela) IMEA: Good with few exceptions (Turkey) Asia Pacific: OECD countries stable, China and others good 4
Slide 5: Market Positions: Expected Trends
Market Positions: Expected Trends Concrete: - The big players will be more dominant in a growing market Contractors / - Innovation in new technologies will drive Distribution: the global sustainability trends. - New markets and higher penetration in emerging markets will add new business opportuniti
Slide 6: Global Megatrends in Sustainability
Global Megatrends in Sustainability Megatrend 1 The demand for limited resources is increasing Sika solutions - Admixtures for quality concrete made with recycled aggregates - Admixtures for on-site recycling of excavated material - Grinding aids for energy-efficient cement production - Special seal
Slide 7: Global Trends in Sustainability
Global Trends in Sustainability Megatrend 2 The climate is changing faster than ever before Sika solutions - Structural adhesives - Reinforcers - Adhesives for the solar industry - Solar roofs - Highly reflective liquid and sheet roofing membranes - Adhesives for the development of long-lasting wind
Slide 8: Global Trends in Sustainability
Global Trends in Sustainability Megatrend 3 Water is in increasingly short supply Sika solution - Admixtures and mortars for watertight concrete - Joint sealing for waterproof structures - Internal coatings for the storage of potable water - Membranes systems - Mortars for concrete repair - Coatings
Slide 9: Global Trends in Sustainability
Global Trends in Sustainability Megatrend 4 The need for efficient infrastructure is rising Sika solutions - Construction chemicals - Technical equipment - Waterproofing membranes - Composite systems for durable infrastructure - Membranes for cool roofs in hot climates - Membranes for green roofs fo
Slide 10: Global Trends 2010/11
Global Trends 2010/11 - Emerging markets will continue to grow - Construction activities have unstable developments in particular in USA and Europe. Aftershocks may influence the business. Distribution continues to be stable - Automotive will grow moderately in Europe and stronger in emerging market
Slide 11: Trends Europe 2010/11
Trends Europe 2010/11 1. Construction activities stabilize on low level in particular in markets with massive declines over the last 2 to 3 years (Spain, UK, Eastern Europe, etc.) 2. Sika will increase market shares, however with moderate growth rates 3. Pricing will remain difficult in particular i
Slide 12: Trends Americas 2010/11
Trends Americas 2010/11 1. Construction activities US at best continue on low level, Latin America will show heterogeneous developments with Brazil in the lead for growth 2. Automotive and Industry will only slightly grow 3. Sika will increase market shares with moderate growth rates 4. Cash collect
Slide 13: Trends India Middle East Africa (IMEA) 2010/11
Trends India Middle East Africa (IMEA) 2010/11 1. Construction activities in India, Abu Dhabi and some African countries will grow, others will be flat 2. Sika will continue to increase market shares 3. Cash collection will remain difficult 4. Assuming there will be no aftershocks, results will impr
Slide 14: Trends Asia Pacific 2010/11
Trends Asia Pacific 2010/11 1. Construction activities in China will grow. OECD countries will have a low recovery only – all others have good growth prospects 2. Automotive and Industry are on low level and have growth potentials 3. Sika will continue to increase market shares with moderate growth
Slide 15: Other developments
Other developments 1. The “Fit 4 Future” strategy will show good effects in 2011 onwards – if no aftershocks disturb the development - refocus in technologies and products - refocus in markets - adapt organization and processes (push and pull, supply chain, training, HR) 2. European Supply Chain Opt
Slide 16: Summary
Summary 1. Economic situation unstable in various areas of the world: Aftershocks cannot be excluded 2. Sika demonstrated in 2009 agility and will continue to: • Take advantage of market potentials • Expand sustainability solutions • Adapt structures in case of aftershocks • Grow market shares with