Heidelberg Materials Ag · XETR:HEI
Heidelberg Materials — HeidelbergCement — Investor Day (July 2014)
19 slides from Heidelberg Materials's investor day presentation, Jul 2, 2014
Slide 1: HeidelbergCement Capital Markets Day: Region West - Overview
HeidelbergCement Capital Markets Day 02 July 2014 / Cupertino, CA Region West - Overview Kari Saragusa, President Region West Slide 1 - Capital Markets Day – 02 July 2014
Slide 2: Disclaimer
Disclaimer Unless otherwise indicated, the financial information provided herein has been prepared under International Financial Reporting Standards (IFRS). This presentation contains forward-looking statements and information. Forward-looking statements and information are statements that are not h
Slide 3: Contents
Contents 1. Region West: Overview, Footprint and Operations 2. Volumes, Forecast and Trends 3. Permanente, San Francisco Bay Area & Los Angeles 4. Summary Slide 3 - Capital Markets Day – 02 July 2014
Slide 4: Contents
Contents 1. Region West: Overview, Footprint and Operations 2. Volumes, Forecast and Trends 3. Permanente, San Francisco Bay Area & Los Angeles 4. Summary Slide 4 - Capital Markets Day – 02 July 2014
Slide 5: Region West Overview
Region West Overview Historical Sales M€ Revenue Lost Time Incidents reduced 545 from 27 to 5 397 360 347 349 Hot-mix Asphalt 326 Ready-mix Concrete Aggregates Cement 2008 2009 2010 2011 2012 2013 Top Line still with significant headroom Slide 5 - Capital Markets Day – 02 July 2014
Slide 6: Complementary product lines in key markets across CA and AZ
Complementary product lines in key markets across CA and AZ Product Lines % of 2013 Revenue 36.6% Cement 3 gray cement plants with 2.5M mt p.a. capacity 9 cement / slag distribution terminals Reserve position of over 160.0M mt 26.0% Aggregates 23 crushed rock, sand and gravel facilities Re
Slide 7: Strategically located manufacturing sites & distribution points
Strategically located manufacturing sites & distribution points Cement Locations Region West Footprint U.S. Population1 U.S. GDP2 Redding NEVADA CA CA 12% 13% Sacramento San Francisco C ALIFORNIA San Jose Fresno ARIZ ONA Bakersfield San Luis Obispo Cement Production Cement Distribution Los Angeles P
Slide 8: Superior reserves with plants located in growth areas
Superior reserves with plants located in growth areas Aggregates Locations Region West Footprint 4.0% YoY % Change in GDP1 CA USA 3.0% Redding 2.0% NEVADA 1.0% 0.0% Sacramento 2010 2011 2012 2013 2014 San Francisco C ALIFORNIA San Jose Fresno ARIZ ONA Bakersfield San Luis Obispo Aggregates Productio
Slide 9: Efficient & strong local brands, partnerships
Efficient & strong local brands, partnerships Ready Mixed Concrete (RMC) Locations Region West Footprint CA Share of GSP1 Redding Private NEVADA 88% 3% Government 9% Construction Sacramento San Francisco C ALIFORNIA San Jose Fresno ARIZ ONA Bakersfield San Luis Obispo Ready-Mix Concrete Production &
Slide 10: Well-positioned in growth areas
Well-positioned in growth areas Asphalt Locations Region West Footprint CA Construction Spending Composition1 (Mil 2009 $ SAAR) 50,000 Residential 29,882 40,000 Redding 14,952 Nonresidential 30,000 NEVADA 39,510 20,000 Public 10,000 0 05/13 06/13 07/13 08/13 09/13 10/13 11/13 12/13 01/14 02/14 03/14
Slide 11: Contents
Contents 1. Region West: Overview, Footprint and Operations 2. Volumes, Forecast and Trends 3. Permanente, San Francisco Bay Area & Los Angeles 4. Summary Slide 11 - Capital Markets Day – 02 July 2014
Slide 12: 9M mT of cement will be consumed this year in California
9M mT of cement will be consumed this year in California Portland Cement Consumption in the Region California Arizona 70% of regional cement consumption 16% of regional cement consumption -59% 15M mT 6M mT -68% +34% 10M mT 4M mT Others +26% 5M mT 2M mT Others HC HC ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘0
Slide 13: Double-digit growth outlook for key product lines in 2014
Double-digit growth outlook for key product lines in 2014 Region West Volumes – Full Year Ready-mix Cement (M mt) Aggregates (M mt) concrete (M m3) Asphalt (M mt) 1.3 2.5 10.1 1.1 9.1 2.1 1.2 1.0 2012 2013 2014F 2012 2013 2014F 2012 2013 2014F 2012 2013 2014F “The positive growth trend is likely to
Slide 14: Contents
Contents 1. Region West: Overview, Footprint and Operations 2. Volumes, Forecast and Trends 3. Permanente, San Francisco Bay Area & Los Angeles 4. Summary Slide 14 - Capital Markets Day – 02 July 2014
Slide 15: Permanente Cement Plant
Permanente Cement Plant Cupertino Constructed - 1939 – Henry Kaiser Industrialist / Visionary – Shasta (CA) Dam – 12 months to construction – Birthplace of Kaiser Permanente Healthcare System Modernized - 1981 – Preheater / Precalciner – 1.3 M mt p.a. clinker capacity – Complex Environmental a
Slide 16: A diverse footprint enhances market share
A diverse footprint enhances market share San Francisco Bay Area Projects Other Projects Berkeley C ONC ORD Bay Bridge East Span Hot-mix Asphalt Agg (k st) Cmt (k st) - 765k st of aggregates Presidio Pkwy 98 14 B ERKELEY Transbay Transit Ctr 90 13 - 88k st of cement Clayton Crescent Vill Pacific Ctr
Slide 17: Partnering for profitability
Partnering for profitability Los Angeles Ready-Mix Concrete +68% Historical Volumes 3.1 Aggregates M mT 2.4 2.1 1.8 1.2 1.4 Irwindale 1.0 1.3 Eagle Valley 0.9 0.9 0.9 2010 2011 2012 2013 Sunvalley Irwindale Vernon Aggregates Historical Volumes +41% Inland Tehachapi Cement M mT Santa Monica 695 LAX 6
Slide 18: Contents
Contents 1. Region West: Overview, Footprint and Operations 2. Volumes, Forecast and Trends 3. Permanente, San Francisco Bay Area & Los Angeles 4. Summary Slide 18 - Capital Markets Day – 02 July 2014
Slide 19: Summary
Summary Safety is a core focus of each employee – Trust and personal involvement critical to vastly improved results A diversified footprint throughout Region West – Strong in all four product lines…asphalt acquisitions essential for future growth Reorganized to promote Entrepreneurial Spirit