Wilh. Wilhelmsen Holding ASA Class A · OSL:WWI
Wilh. Wilhelmsen Holding ASA Class A — Q3 2010 Earnings Presentation
12 slides from Wilh. Wilhelmsen Holding ASA Class A's earnings presentation, Nov 11, 2010
Slide 1: Market outlook
Market outlook Thomas Wilhelmsen Group CEO Wilh. Wilhelmsen Holding ASA Lysaker, 11 November 2010
Slide 2: Disclaimer
Disclaimer This presentation may contain forward-looking expectations which are subject to risk and uncertainties related to i.a. economic and market conditions in relevant markets, oil prices, currency exchange fluctuations etc. Wilh. Wilhelmsen Holding group undertake no liability and make no repr
Slide 3: Wilh. Wilhelmsen Holding ASA – main group structure
Wilh. Wilhelmsen Holding ASA – main group structure Wilh. Wilhelmsen Holding ASA Wilh. Wilhelmsen ASA Wilhelmsen Maritime (72.7%) Services AS (100%) 3
Slide 4: WWASA highlights
WWASA highlights • Volumes • High and heavy volumes continued to rise, seasonal slowdown in car volumes • Steady overall cargo volumes, improved cargo mix • Growing export out of Asia • Tonnage • High capacity utilisation • All vessels out of lay up • One new PCTC ordered in October • Logistics • Sl
Slide 5: WWASA: Trade and volume development
WWASA: Trade and volume development 22 80 % Foundation trades 20 All trades 75 % % Foundation trades 18 % Foundation trades and all trades 70 % 16 65 % Million CBM 14 60 % 12 55 % 10 50 % 8 6 45 % 4 40 % Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 5
Slide 6: WWASA: Improved cargo mix
WWASA: Improved cargo mix 120 Cars (cbm) 110 H/H (cbm) 100 90 Index 80 70 60 50 40 Q1'08 Q2'08 Q3'08 Q4'08 Q1'09 Q2'09 Q3'09 Q4'09 Q1'10 Q2'10 Q3'10 6
Slide 7: Wilhelmsen Maritime Services
Wilhelmsen Maritime Services An integrated maritime service provider offering solutions, products and services through the most comprehensive network in the industry 7
Slide 8: Wilhelmsen Maritime Services: value chain split
Wilhelmsen Maritime Services: value chain split - estimated relative share of revenue 2010 Approx 20% 7,000 Newbuild 6,000 Total World, contracts, number of ships, 1970- 5,000 4,000 Equipment Forecast 3,000 2,000 1,000 Systems & solutions 0 1970 1973 1976 1979 1982 1985 1988 1991 1994 1997 2000 2003
Slide 9: Wilhelmsen Maritime Services: value chain split
Wilhelmsen Maritime Services: value chain split - estimated relative share of revenue 2010 Approx 80% 60,000 Forecast Vessel and cargo operation Total World fleet, number of ships, 1976-, 1,000gt+ 50,000 40,000 Retrofit service 30,000 20,000 Agency Logistics 10,000 0 Technical 1970 1973 1976 1979 19
Slide 10: Wilh. Wilhelmsen Holding ASA: Strategic position
Wilh. Wilhelmsen Holding ASA: Strategic position A Market leader in main segments Group Global networks and positioned for growth in emerging markets characteristics Increased financial capabilities through new group structure B Macro outlook with rebound in demand expected Group opportunities Conti
Slide 11: ASA: Dividends
Wilh. Wilhelmsen Holding ASA: Dividends 10,00 9,00 8,00 7,00 NOK/Share 6,00 5,00 4,00 3,00 2,00 1,00 - 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Dividend 1 Dividend 2 The intention is to have consistent yearly dividend, paid twice annually. 11
Slide 12: Prospect for Wilh. Wilhelmsen Holding ASA
Prospect for Wilh. Wilhelmsen Holding ASA The board is pleased with the new group structure and underlying business performance. Being cautiously optimistic about further growth, the board expects this to benefit the group’s companies and operating results for the year and into 2011. 12
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