Rolls-Royce Holdings plc · LSE:RR.
Rolls-Royce — Shareholder Meeting (2009)
16 slides from Rolls-Royce's shareholder meeting presentation, 2009
Slide 1: A Global Business – Annual General Meeting 2009
A Global Business Annual General Meeting 2009 © 2009 Rolls-Royce plc The information in this document is the property of Rolls-Royce plc and may not be copied or communicated to a third party, or used for any purpose other than that for which it is supplied without the express written consent of Rol
Slide 2: Sir John Rose, Chief Executive
A Global Business Annual General Meeting 2009 Sir John Rose, Chief Executive © 2009 Rolls-Royce plc The information in this document is the property of Rolls-Royce plc and may not be copied or communicated to a third party, or used for any purpose other than that for which it is supplied without the
Slide 3: Our consistent strategy
Our consistent strategy Address four global markets Invest in technology, capability and infrastructure | Develop a competitive portfolio of products and services Grow market share and installed product base Add value | for customers through product related services
Slide 4: Strategy underpinned by core characteristics
Strategy underpinned by core characteristics z Understanding our customer’s demands z Domain knowledge z Technological superiority z Integrated Systems z Operational Excellence z Organisational Capability z Brand
Slide 5: Managing challenges
Managing challenges 400% Commodity Financial SARS Inflation Crisis 300% 9/11 9/11 Weakening Programme 200% Gulf War US$ Delays 100% 0% -100% 2000 2001 2002 2003 2004 2005 2006 2007 2008
Slide 6: A well balanced business
A well balanced business Aftermarket services: 52% £4.7bn Energy 4% Marine 16% Civil 20% Defence 8% Original equipment: 48% £4.4bn |
Slide 7: Strong programme positions: providing long-term visibility
Strong programme positions: providing long-term visibility z Major new programmes and increasing installed base underpin long term growth z 58% of the £55bn order book relates to 2012 and later 16% 14% 12% 58%
Slide 8: Investing in technology and capability
Investing in technology and capability Underpinning long-term growth
Slide 9: Civil Aerospace's growing market share
Civil Aerospace’s growing market share: driving increased revenues and value
Slide 10: A cash generative business
A cash generative business z Around £11bn in operating cash flow this decade z £7.1bn invested and £1.3bn on pensions and restructuring
Slide 11: A strong financial position
A strong financial position Strong liquidity z Average net cash £375m z Manageable customer and supplier financing risks Pensions z Early action taken to address deficit and future volatility FX z Long term hedging strategy – capitalising on improving rates
Slide 12: A challenging environment: managing what we can influence
A challenging environment: managing what we can influence z Make – Buy strategy z Cost reduction, efficiency and productivity z Matching capacity with reduced demand z Cash management, working capital and inventory z Through-life service support
Slide 13: Technology creates opportunities
Technology creates opportunities z Core technologies and systems integration skills create high barriers to entry z Expanding and developing Energy and Marine opportunities z Oil & Gas and compression z Power generation – Nuclear and other low carbon technologies z Mixture of organic growth, partner
Slide 14: 2008: A strong performance
2008: A strong performance Underlying revenues £9.1 billion Civil Defence Marine Energy Aerospace Aerospace 49.. 71 9». | 24, 8». pe 526 485 order book increased by 21% to £55.55 underlying profit increased by 10% 0 £880: average net cash £375m shareholder payments increased by 1 0% IR Rolls-Royce
Slide 15: Outlook
Outlook z Consistent investment in technology and capability has delivered value, global market access and new opportunities for the Group z For 2009, we continue to expect: z Underlying revenues to grow, with underlying profits remaining broadly similar to those achieved in 2008 z Average net cash
Slide 16: A Global Business – Annual General Meeting 2009
A Global Business Annual General Meeting 2009 © 2009 Rolls-Royce plc The information in this document is the property of Rolls-Royce plc and may not be copied or communicated to a third party, or used for any purpose other than that for which it is supplied without the express written consent of Rol