Smiths Group PLC · LSE:SMIN
Smiths — Investor Day (April 2006)
23 slides from Smiths's investor day presentation, Apr 25, 2006
Slide 1: Smiths Group Investor Day: John Crane Overview
Smiths Group Investor Day 25th April 2006 John Crane Overview Mike Mansell www.smiths-group.com
Slide 2: John Crane
John Crane John Crane is the global technology leader in mechanical seals. Its unique competitive advantage is its world-wide sales and service footprint. www.smiths-group.com www.smiths-group.com I.D./25042006 2
Slide 3: John Crane - Sales by product
John Crane - Sales by product www.smiths-group.com I.D./25042006 3
Slide 4: John Crane - Mechanical Seals
John Crane - Mechanical Seals www.smiths-group.com I.D./25042006 4
Slide 5: John Crane - Sales by market
John Crane - Sales by market www.smiths-group.com I.D./25042006 5
Slide 6: Strong Industry Fundamentals
Strong Industry Fundamentals • Base oil price increased from $20pb to $75pb • Oil Majors inherent profitability • Investment in Oil & Gas equipment over $120bn p.a. www.smiths-group.com I.D./25042006 6
Slide 7: Market Trends
Market Trends www.smiths-group.com I.D./25042006 7
Slide 8: Market Trends
Market Trends • Increasing energy requirements - Oil & Gas, Petrochemical and Power • Focus on Asia & Non Middle-East resources • Move to Asia Pacific www.smiths-group.com I.D./25042006 8
Slide 9: John Crane - Financials
John Crane - Financials Organic growth at accelerated rates • 5% sales CAGR • 11% profit CAGR • Strong Cash Conversion www.smiths-group.com I.D./25042006 9
Slide 10: John Crane - Intrinsic Strengths
John Crane - Intrinsic Strengths www.smiths-group.com I.D./25042006 10
Slide 11: Major Competitors and Customers
John Crane Major Competitors and Customers Major Competitors Major Customers www.smiths-group.com I.D./25042006 11
Slide 12: Market Opportunities
John Crane Market Opportunities West Africa Increased Global Investment in Oil & Gas • Offshore West Africa • Canadian Tar Sands • Nanhai Petrochemical plant Other Growth Markets • Power & Water Tar Sands - Canada • Pulp & Paper Value Added Services • Performance Plus • E-business Nanhai – South Eas
Slide 13: John Crane - Business Performance Improvements
John Crane – Business Performance Improvements Business Process Low cost Lean business Re-Engineering manufacturing • Single largest investment • Manufacturing in China, India, • Continuous improvement Mexico and Czech Republic culture • Integrate whole business into one • Back office support, drawi
Slide 14: John Crane Technology
Smiths Group Investor Day 25th April 2006 John Crane Technology Michael Hall www.smiths-group.com
Slide 15: John Crane - A Passion for Innovation
John Crane - A Passion for Innovation www.smiths-group.com I.D./25042006 15
Slide 16: Upstream Pumping Technology
Upstream Pumping Technology Cutting edge dry gas seal technology applied to wet seals www.smiths-group.com I.D./25042006 16
Slide 17: Technology Leadership - Wet Seals
Technology Leadership – Wet Seals www.smiths-group.com I.D./25042006 17
Slide 18: Technology Leadership
Technology Leadership www.smiths-group.com I.D./25042006 18
Slide 19: Fluid Control Systems
Fluid Control Systems • Complements John Crane gas seals • Monoblock design for ease of installation • Controls the seal environment • Advanced system centre in Singapore • Broadband virtual private network • 24 hour support - maintenance and monitoring • John Crane engineers notified through SMS •
Slide 20: Wireless Remote Monitoring
Wireless Remote Monitoring • Independent power ...No wires! • Dynamic vibration measurement and analysis • Real time transient operating data • Static operating data eg. manufacturing drawings • Vibration analysis • Simple RFID data storage • Operating temperature and retrieval • Dynamic run history
Slide 21: Added Value to End Users
Added Value to End Users Performance Plus • Performance Plus provides the solution to close the gap in performance on rotating equipment and associated process plant • Solutions are delivered on a Risk-Reward basis • Clients face differing challenges in striving to be World Class • We will align wit
Slide 22: John Crane - Summary
John Crane - Summary Growth Service support Performance Technology opportunities Enhancement • Oil, gas and power • Performance • Gas seals • Low cost based solutions manufacturing • Canada, Venezuela, • Wet seals • Control and • Business process West Africa monitoring • Support systems re-engineeri
Slide 23: Agenda
Agenda • Questions and Answers • Break • Factory Tour • Buffet Lunch • Close at 1pm www.smiths-group.com I.D./25042006 23