Chesterfield Special Cylinders Holdings Plc · LSE:CSC
Chesterfield Special Cylinders — Pressure Technologies — Shareholder Meeting (February 2012)
18 slides from Chesterfield Special Cylinders's shareholder meeting presentation, Feb 7, 2012
Slide 1: AGM Presentation
Pressure Technologies plc Pressure Technologies plc John Hayward, Chief Executive AGM Presentation 7 February 2012
Slide 2: Safe Harbour Statement
Pressure Technologies plc Safe Harbour Statement This presentation and the subsequent question and answer session may contain forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. There are risk factors that could cause our actual r
Slide 3: Agenda
Pressure Technologies plc Agenda • Group Structure and Major Markets • Summary and Outlook • Questions and Answers 3
Slide 4: Group Structure and Major Markets
Pressure Technologies plc Group Structure and Major Markets 4
Slide 5: Designer and manufacturer of high pressure engineering systems
Pressure Technologies plc A leading designer and manufacturer of high pressure engineering systems, serving the global energy, defence and industrial gases markets and the UK alternative energy market 5
Slide 6: Business Overview
Pressure Technologies plc Business Overview Cylinders Engineered Alternative Products Energy 6
Slide 7: Business Overview
Pressure Technologies plc Business Overview Oil & Gas Defence Industrial Alternative Gases Energy Chesterfield Special Chesterfield Special Chesterfield Special Chesterfield BioGas Cylinders Cylinders Cylinders Chesterfield Special Hydratron UK and US Hydratron UK Cylinders Al-Met APV systems for Su
Slide 8: Business units and markets
Pressure Technologies plc Markets Alternative Energy Oil & Gas Engineered Products Chesterfield BioGas Hydratron Al-Met Chesterfield Special Cylinders Industrial Gases Defence 8
Slide 9: Markets – Oil & Gas: Cylinders
Pressure Technologies plc Markets – Oil & Gas Cylinders • Main market deepwater Oil & Gas platforms • 2011 financial year impacted by low demand as market still weak following sinking of Deepwater Horizon • Strong recovery in the market in the final quarter of 2011 financial year with significant or
Slide 10: Markets – Oil & Gas: Al-Met valve and flow control
Pressure Technologies plc Markets – Oil & Gas Engineered Products • Al-Met – valve and flow control wear parts – 2011 record sales and profits year – Market flat in 2012 with significant growth forecast 2013 and 2014 – Reorganisation of operations and support functions in 2012 to meet this upturn –
Slide 11: Markets – Oil & Gas: Hydratron
Pressure Technologies plc Markets – Oil & Gas Engineered Products • Hydratron – pumps, boosters, hydraulic control panels, test rigs – 2011 constrained by relocation of UK part of business onto one integrated site but second half performance was excellent – Growing strongly in 2012 financial year in
Slide 12: Markets – Defence: Naval cylinders
Pressure Technologies plc Markets – Defence Naval cylinders – Strong sales performance in the 2011 financial year with projects for BAE, DCN, Navantia and the Canadian Navy – 2012 sales dip due to phasing of projects with next major deliveries for UK and France forecast for 2013 – Good forward visib
Slide 13: Markets – Defence: Aerospace cylinders
Pressure Technologies plc Markets – Defence Aerospace cylinders – Medium term market for steel cylinders to decline as aircraft withdrawn from service and cylinder technology changes – Long term development project underway for light-weight composite cylinder technology to replace steel cylinders En
Slide 14: Markets – Industrial Gases
Pressure Technologies plc Markets – Industrial Gases • Progress maintained in high pressure trailers – Compressed Natural Gas (CNG) trailer supplied to CBG and hydrogen trailer built to new CSC designs – Reconditioning business improved through changed factory layout and strengthening of management
Slide 15: Markets – Alternative Energy
Pressure Technologies plc Markets – Alternative Energy • Long term future of the business secured by extending licence with Greenlane® in perpetuity in 2011 • Significant interest in Biogas upgrading for Biomethane to Grid (“BtG”) – Chesterfield BioGas the BtG industry leader following Didcot projec
Slide 16: Outlook and Summary
Pressure Technologies plc Outlook and Summary 16
Slide 17: Summary and Outlook
Pressure Technologies plc Summary and Outlook • 2011 was a difficult year but improvement in Cylinder division in second half of the year confirms that the “trough” is behind us • Cylinder and Engineered Products divisions giving solid growth in 2012 • Alternative Energy slower to reach its potentia
Slide 18: Questions & Answers
Pressure Technologies plc Questions & Answers Pressure Technologies plc AGM, 7 February 2012
Pressure Technologies — Shareholder Meeting (February 2012) on 6ix