Sulzer Ag · SIX:SUN
Sulzer — Investor Day (February 2015)
18 slides from Sulzer's investor day presentation, Feb 12, 2015
Slide 1: Capital Market Day 2015 – One Company
Capital Market Day 2015 One Company Zurich | February 12, 2015 THE SAFE HARBOR STATEMENT UNDER THE US PRIVATE SECURITIES LITIGATION REFORM ACT 1995 This presentation may contain forward-looking statements, including but not limited to, projections of financial developments, market activities or futu
Slide 2: Why are we here today? / Agenda – Capital Market Day
Why are we here today? Sulzer’s investment case – strengths and opportunities Roadmap of operational improvement measures Mid-term profitability targets Your questions CEO Message | Capital Market Day 2015 | Slide 3 Agenda – Capital Market Day CEO Message Klaus Stahlmann CFO Message Thomas Dittrich
Slide 3: Sulzer is an attractive investment with strong fundamentals
Capital Market Day 2015 CEO Message Klaus Stahlmann, CEO | February 12, 2015 Sulzer is an attractive investment with strong fundamentals #1 or #2 positions in long-term attractive markets Equipment and services for performance-critical applications Global footprint with a strong presence in em
Slide 4: Operational Structure
Agenda – CEO Message Sulzer Point of Departure Sulzer Full Potential Summary CEO Message | Capital Market Day 2015 | Slide 7 Operational Structure Central group functions Pumps Equipment Rotating Equipment Chemtech Services Pumps technology Repair and maintenance Separation, mixing and solutions ser
Slide 5: Sulzer Group Snapshot
Sulzer Group Snapshot Sales by geography (2014) Sales by market segment APAC 24% EMEA 21% 20% 39% 13% 13% 15% 13% AME 37% 51% 54% Sales by category (2014) 2013 2014 Services Oil and gas Power 45% Equiment Water General industry 55% CEO Message | Capital Market Day 2015 | Slide 9 Long-term fundamenta
Slide 6: Distinctive strengths to win in our key markets
Distinctive strengths to win in our key markets Profitable positions in attractive markets and ability to leverage capabilities Unique global footprint in manufacturing and service Unique service portfolio Long-term relationships with loyal customers Technology / innovation leader in many
Slide 7: Oil and gas market segments expected to see different short-term impacts
Oil and gas market segments expected to see different short-term impacts from oil price drop Upstream Midstream Downstream Segment ~16% ~6% % of Sulzer1) ~30% Our short-term New Equipment New Equipment New Equipment market outlook Services (~45%) Services (~20%) Services (~45%) No direct exposure
Slide 8: Serving the water cycle with mostly standard applications in wastewater
Serving the water cycle with mostly standard applications in wastewater Solutions for water Submersible pumps Mixers and agitators Municipal water Domestic and distribution commercial Aeration systems wastewater collection Compressors Vertical pumps High pressure pumps Control and moni
Slide 9: Megatrends enhance our markets
Megatrends enhance our markets Economic growth, Megatrends drive growth Short-term caution in up- emerging markets in energy and water stream oil and gas External environment supports future growth for Sulzer CEO Message | Capital Market Day 2015 | Slide 17 Profitability performance gap identified S
Slide 10: Vision to become a leading equipment and service provider
Agenda – CEO Message Sulzer Point of Departure Sulzer Full Potential Summary CEO Message | Capital Market Day 2015 | Slide 19 Vision to become a leading equipment and service provider We offer customer-focused solutions for performance-critical applications in key markets: oil and gas, power, and wa
Slide 11: Sulzer Full Potential program to continue the transformation journey
Sulzer Full Potential program to continue the transformation journey started in 2013 2015 Implementation Integrated change program to achieve full potential Capability to continuously adapt 2014 Foundation New organizational setup Metco divestiture H2 2013 Strategic decisions Become one fo
Slide 12: Strategy is the first pillar of our program
Strategy is the first pillar of our program Sulzer Full Potential (SFP) STRATEGY OPERATING OPERATIONAL Oil and Gas MODEL EXCELLENCE Portfolio, Organizational Selling, G&A, focus areas, setup, procurement, One Power M&A roadmap integration manufacturing, focused, service, complexity market-oriented,
Slide 13: Growth opportunities for equipment and services
Growth opportunities for equipment and services Grow flow control solutions Expand in rotating Strengthen core with equipment auxiliaries Pumps Separation Valves technology Compressors Drivers Seals Couplings Equipment Services Expand rotating Expand geographic equipment services footprint Expand se
Slide 14: Operating model with customer-focused organization and efficient support functions
Operating model with customer-focused organization and efficient support functions More effective and efficient organization 1 Customer-focused growth Business units aligned with key markets Aligned with 2 Solutions selling and support Tight PE / RES integration strategic objectives 3 Flexibilit
Slide 15: Operational excellence is the third pillar of our program
Operational excellence is the third pillar of our program Sulzer Full Potential (SFP) STRATEGY OPERATING OPERATIONAL Oil and Gas MODEL EXCELLENCE Portfolio, Organizational Selling, G&A, focus areas, setup, procurement, One Power M&A roadmap integration manufacturing, focused, service, market-oriente
Slide 16: Levers contributing to 4-6 percentage point profitability impact from 2017
Levers contributing to a total of 4-6 percentage point profitability impact from 2017 onwards1) Procurement: 4-6pp opEBITA impact impact1) 130 initiatives defined across categories. Global procurement structure. Productivity, footprint, and complexity: Globalize manufacturing footprint. Improvem
Slide 17: Sulzer is an attractive and sustainable investment opportunity
Agenda – CEO Message Sulzer Point of Departure Sulzer Full Potential Summary CEO Message | Capital Market Day 2015 | Slide 33 Sulzer is an attractive and sustainable investment opportunity Strong fundamentals Attractive prospects #1 or #2 positions in long-term 4 - 6 percentage points profitabil
Slide 18: This document may contain forward-looking statements, including, but not limited to, projections of financial
This document may contain forward-looking statements, including, but not limited to, projections of financial developments and future performance of materials and products, containing risks and uncertainties. These statements are subject to change based on known and unknown risks and various other f