Kloeckner & Co SE · XETR:KCO
Kloeckner & — Klöckner & — Investor Presentation (December 2011)
23 slides from Kloeckner &'s investor presentation, December 2011
Slide 1: Klöckner & Co SE – A Leading Multi Metal Distributor
Klöckner & Co SE A Leading Multi Metal Distributor Company presentation December 2011
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements which reflect the current views of the management of Klöckner & Co SE with respect to future events. They generally are designated by the words “expect”, “assume”, “presume”, “intend”, “estimate”, “strive for”, “aim for”, “plan”, “will
Slide 3: Our ambition
Our ambition We want to TO CREATE AN OUTSTANDING COMPANY THAT WILL BE NUMBER ONE IN TERMS OF SIZE AND GLOBAL POSITION, GROWTH, PROCESSES AND SYSTEMS AS WELL AS MANAGEMENT AND EMPLOYEES IN THE STEEL AND METAL DISTRIBUTION INDUSTRY WORLDWIDE. 3
Slide 4: Agenda: Klöckner & Co SE – The Group
Agenda 01 Klöckner & Co SE – The Group Overview Business model Locations Strategy Acquisitions History 02 Products and Services 03 Facts and Figures 4
Slide 5: Klöckner & Co SE at a glance
01 Klöckner & zweizeiliger Ein- bis Co SE at a glance Folientitel Producers Distributor/ Service Center Customers Products: Commercial/ residential construction Infrastructure Services: Machinery and mechanical engineering Klöckner & Co SE Largest producer-independent steel and metal Autom
Slide 6: Business model
01 Business Businessmodel model Products Logistics / Suppliers Sourcing Customers and services distribution • As a producer- • Procurement of • Extensive product • Local presence • More than 170,000 independent large quantities range • Individual delivery, customers distributor, our • Strategic • Ex
Slide 7: Extensive distribution and service network
01 Extensive distribution and service network Country Subsidiaries Belgium Buysmetal N.V. Brazil Frefer Metal Plus S.A Bulgaria Klöckner Metalsnab AD China Kloeckner Metals Co., Ltd. Germany Klöckner Stahl- und Metallhandel GmbH Becker Stahl-Service GmbH France Klöckner Distribution Industrielle SA
Slide 8: Strategy Klöckner & Co 2020
01 Strategy “Klöckner & Co 2020“ Globalization Being the first global multi metal distributor Growth Being the fastest growing multi metal distributor Business Having leading edge processes and systems optimization Management & Having “best in class” management and employees employees 8
Slide 9: Acquisition strategy suspended
01 24 acquisitions since the IPO, 2 in 2011 Country Acquired 1) Company Sales (FY)2) Acquisitions1) Acquired sales1),2) €1.15bn Brazil May 2011 Frefer €150m USA Apr 2011 Macsteel €1bn 2011 2 acquisitions so far €1.15bn USA Dec 2010 Lake Steel €50m USA Sep 2010 Angeles Welding €30m GER Mar 2010 Becke
Slide 10: History
01 History June 28, 1906 Founding of the Klöckner & Co trading company 1990 VIAG acquires Klöckner & Co 1997 Klöckner & Co focuses its core business on the distribution of 2005 steel and other metals Lindsay Goldberg acquires Klöckner & Co June 28, 2006 Initial public offering of Klöckner & Co on th
Slide 11: History
01 History 2008 Changing the legal status of Klöckner & Co AG 2009 (Aktiengesellschaft) to Rights issue / Placement convertible Klöckner & Co SE bond, preliminary agreement for (Societas Europaea) acquisition of Becker Stahl-Service Group concluded March 1, 2010 Successful completion of so far large
Slide 12: History
01 History April 29, 2011 Largest acquisition in the recent history of Klöckner & Co with Macsteel Service Centers USA successfully completed May 6, 2011 Entry into emerging markets: Acquisition of the majority of Frefer, the third-largest independent steel and metal distributor in Brazil June 9, 20
Slide 13: Agenda: Products and Services
Agenda 01 Klöckner & Co SE – The Group 02 Products and Services Performance list Sectors and markets Product range 03 Facts and Figures 13
Slide 14: Performance list
02 Performance list As the largest producer-independent steel and metal distributor and one of the leading steel service center companies in the European and American markets combined: • we are producer-independent, which means our customers benefit from our wide range of local and international pro
Slide 15: Our sectors and markets
02 Our sectors and markets Internationality marks our sectors and markets: • Our customers are primarily from the construction industry as well as machinery and mechanical engineering. We also supply primary products for the automotive, ship-building and the consumer goods industries • More than 3/4
Slide 16: Our products and services
02 Our products and services Our product range is divided into following areas: • Long products (e.g. heavy sections for the construction industry) • Flat products (e.g. sheets and plates for machine builders or for the automotive industry) • Hollow sections (e.g. structural hollow sections) • Stain
Slide 17: Typical products and services
02 Typical products and services Flat products Profile Steel / Hollow Long Products / Stainless / Aluminium Profiles / Tubes Structural Steel Cutting to Length / Miter Grinding Laser cutting / Flame Decoiling / Cutting / Cutting / Bending cutting Splitting 17
Slide 18: Agenda: Facts and Figures
Agenda 01 Klöckner & Co SE – The Group 02 Products and Services 03 Facts and Figures Key figures Balance sheet Shareholder structure Contact 18
Slide 19: Key figures
03 Key figures (in € million) 2010 2009 Sales 5,198 3,860 Earnings before interest, taxes, depreciation and 238 -68 amortization (EBITDA) Earnings before interest and taxes (EBIT) 152 -178 Earnings before taxes (EBT) 84 -240 Earnings after taxes (EAT) 80 -186 Earnings per share (basic in €) 1.17 -3.
Slide 20: Balance sheet as of December 31
03 Balance sheet as of December 31 Balance sheet total 2010: €3,491 million Balance sheet total 2009: €2,713 million 100% 100% Non-current Non-current assets 24.5% assets 26.2% 37.0% Equity 41.4% Equity Inventories 21.0% Inventories 25.7% Non-current Non-current 34.2% liabilities 39.0% 50% 50% Trade
Slide 21: Shareholder structure
03 Shareholder structure Shareholder structure of Klöckner & Co • Institutional investors own 52 percent of all shares SE • Most of the institutional shareholders are located in Germany and the United States • Private investors hold 26 percent Geographic distribution of Klöckner & Co SE institutiona
Slide 22: Contact
03 Contact Klöckner & Co SE, Am Silberpalais 1, 47057 Duisburg, Germany Dr. Thilo Theilen, Head of Investor Relations & Corporate Communications Telephone: +49 (0) 203-307-2050 Fax: +49 (0) 203-307-5025 E-Mail: thilo.theilen@kloeckner.de Homepage: www.kloeckner.de 22
Slide 23: Our Symbol
Our Symbol the eyes the ears looking forward to new developments attentive to customer needs the nose sniffing out opportunities to improve performance the ball the legs symbolic of our role to fetch always moving fast to keep up with and carry for our customers the demands of the customers