Sulzer Ag · SIX:SUN
Sulzer — Investor Presentation (November 2014)
16 slides from Sulzer's investor presentation, November 2014
Slide 1: Transforming Sulzer into a Market-Oriented Company
Sulzer Investor Presentation Transforming Sulzer into a Market-Oriented Company 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 a
Slide 2: Agenda; Sulzer at a Glance
Agenda Introduction to Sulzer Vision and Strategy Update on Transformation Key Financials Outlook 2014 Sulzer Investor Presentation 3 Sulzer at a Glance Who we are and what we do Investment highlights Global partner with reliable and Present in highly attractive markets sustainable solutions for
Slide 3: Operational Structure; Sales Profile
Operational Structure Central group functions Pumps Equipment Rotating Equipment Chemtech Services Pumps technology Repair and maintenance Separation, mixing and solutions services for rotating equipment and service solutions Market segment focus Geographical/regional focus Market segment focus Sale
Slide 4: Global Presence; Recent Acquisitions
Global Presence Europe, Middle East, Africa: 43% Americas: Asia-Pacific: 35% 22% 42% of sales in emerging markets Sulzer Investor Presentation 7 Recent Acquisitions Cardo’s Flow Business , a Saudi Pump Factory (75% Advanced Separation full-line supplier of pumps stake), a complete API Company (ASCOM
Slide 5: Executive Committee
Executive Committee CEO Klaus Stahlmann CFO Thomas Dittrich Rotating Equipment Pumps Equipment Chemtech Services Cesar Montenegro Peter Alexander Oliver Bailer Sulzer Investor Presentation 9 Agenda Introduction to Sulzer Vision and Strategy Update on Transformation Key Financials Outlook 2014 Sulzer
Slide 6: Sulzer Vision
Sulzer Vision Customer-focused solutions in key markets Sulzer vision We offer customer-focused solutions for performance- critical applications in key markets: Oil & Gas, Power, and Water General Oil & Gas Power Water Industry Equipment for our selected markets Equipment: Service intense, high ma
Slide 7: Key Markets with Strong Long Term Growth Drivers
Key Markets with Strong Long Term Growth Drivers Oil and Gas Power Water General Industry ~53% ~14% ~13% ~20% Population growth Megatrends Urbanization Energy efficiency and sustainability ■ Global supply and demand ■ Global power capacity ■ Water scarcity: increased Industry–specific drivers ■ Expl
Slide 8: Strong Position in Power Market
Strong Position in Power Market Renewables Nuclear Coal and gas Hydro (e.g. solar, biomass) Pumps Pumps for boiler feed, Pumps for hydro Equipment Pumps for nuclear Pumps for cooling condensate extraction, storage incl. reverse- and turbine islands water, molten salt Presence of Sulzer and cooling w
Slide 9: Organic Growth Supplemented by Acquisitive Growth
Organic Growth Supplemented by Acquisitive Growth Leverage the organic potential Leverage acquisition potential Transform into one company with Target acquisitions fitting the optimized market segment strategy, to enhance customer focused organization value proposition Use strong service footp
Slide 10: Transformation Journey to Achieve our Strategy
Transformation Journey to Achieve our Vision and Strategy – Where We Stand Today Focus on three key markets Transforming Sulzer from a regional into a market-oriented company focused on oil and gas, power, and water Strategy One company Creating one company to leverage existing capabilities and
Slide 11: Rotating Equipment Services
Adding Pump Services Created Comprehensive Offering for Rotating Equipment Rotating Equipment Services Turbomachinery Electromechanical Pump services Turbines and compressors Generators and motors Pumps ■ Repair and components ■ Repair and components ■ Repair and components ■ Replacement parts ■ Coi
Slide 12: Pumps Equipment: Focus on Markets – Leverage Global Operations
Pumps Equipment Focus on Markets – Leverage Global Operations Pumps Equipment From a regional set-up . . . . . . to a market-oriented organization in 2015 BU O&G BA AME BA EMEA BA APAC Upstream Midstream Downstream BU Water BU Power Fossil Renewables Nuclear Engineered Configured Water Solutions Sul
Slide 13: Key Figures H1 2014 – Total Sulzer
Key Figures H1 2014 – Total Sulzer In CHF millions H1 2014 H1 2013 YOY YOY adj.1) Order intake lower on Order intake 1583.4 1738.4 -8.9% -3.7% weaker Q2 Order backlog (June 30 vs Dec 31) 1772.7 1672.1 Adjusted sales increased Sales 1491.7 1551.6 -3.9% 1.2% slightly EBIT Divisions 107.5 106.8 0.7
Slide 14: Quarterly Order Development
Quarterly Order Development Order intake (in CHF millions ) Q3 14 order intake compared to Q3 13 was: flat in PE 932 Average quarter positive (+4% adj.) in RES in 2013 = 812 828 807 significantly lower in CT (-18% adj.) on lower 753 755 demand in Mass Transfer Technology and Process 758 719
Slide 15: Activity in Oil and Gas Markets Expected to Decline
Activity in Oil and Gas Markets Expected to Decline but Remains Historically on a High Level Estimates Capex of global 300 listed Oil and Gas companies is expected to decline over the next three years, but are still expected to be above the 2013 level There is a discrepancy between analysts oil
Slide 16: Financial Outlook for 2014; Financial Calendar and IR Contact
Financial Outlook for 20141) – Total Sulzer 2013 Outlook Full Year 2014 reference point (on an adjusted basis): Order intake CHF 3249.9m slight decrease Sales CHF 3263.9m flat to slightly up EBITR CHF 280.8m flat to slightly up 1) Published on October 16, 2014; growth for order intake, sales and ope