Schaeffler Ag · XETR:SHA0
Schaeffler — J.P. Morgan European Automotive Conference 2021
30 slides from Schaeffler's conference presentation, Jun 22, 2021
Slide 1: Schaeffler Automotive Technologies – Harvesting the Mature, Growing the New Business
Option 1 Schaeffler Automotive Technologies – Harvesting the Mature, Growing the New Business J.P. Morgan European Automotive Conference Matthias Zink CEO Automotive Technologies June 22, 2021
Slide 2: Agenda
Agenda 1 Where we stand 2 Where we play 3 How we win 4 How we create value June 22, 2021 Schaeffler Automotive Technologies | J.P. Morgan European Automotive Conference 2
Slide 3: Where we stand
1 Where we stand June 22, 2021 Schaeffler Automotive Technologies | J.P. Morgan European Automotive Conference 3
Slide 4: Automotive Technologies – Driving the transition to innovative Propulsion and Chassis Technologies
1 Where we stand Automotive Technologies – Driving the transition to innovative Propulsion and Chassis Technologies Adjusted Comparative Figures 2020 Revenue in EUR mn Electric and Hybrid Engine Components Europe Greater China 9,044 Propulsion and Systems 7,816 13% of sales2 in 2020 26% of sales in
Slide 5: Automotive Technologies – Q1 2021 Exceptional growth in China
1 Where we stand Automotive Technologies – Q1 2021 Exceptional growth in China, strong mature business delivering double-digit EBIT margin2 Sales by business division | yoy growth Key aspects Q1 2020 Q1 2021 ∆1 • Strong sales performance driven by market recovery in China; E-Mobility 243 305 +26.5%
Slide 6: Vision Powertrain 2035 – Electrification is further accelerating
1 Where we stand Vision Powertrain 2035 – Electrification is further accelerating Vision Powertrain 2035 Global Light Vehicle Production We drive the transition to innovative 15% propulsion systems 30% 56% 35% 88% HEV as transition technology will 40% reach tipping point in 2030 32% 50% 30% Electrif
Slide 7: Where we play
2 Where we play June 22, 2021 Schaeffler Automotive Technologies | J.P. Morgan European Automotive Conference 7
Slide 8: We actively manage our Product Portfolio – Harvesting the Mature, Growing the New Business
2 Where we play We actively manage our Product Portfolio – Harvesting the Mature, Growing the New Business Vision Powertrain 2035 Mature Business New Business Global Light Vehicle Production Products for Powertrain agnostic1 Powertrain agnostic1 Products for ICE and HEV products products Electrified
Slide 9: How we win
3 How we win June 22, 2021 Schaeffler Automotive Technologies | J.P. Morgan European Automotive Conference 9
Slide 10: Mature Business – Successfully harvesting our high value-added mature business
3 How we win Mature Business – Successfully harvesting our high value-added mature business Best-in-class System Mature Business HARVEST components understanding at vehicle level Large forging Cold forming & systems Mechatronic and Electrical Systems Mechanical Superior Components Coating Grinding a
Slide 11: Heavy Duty applications – Supplying E-Motors and Hybrid Modules
3 How we win Heavy Duty applications – Supplying E-Motors and Hybrid Modules Modular New Business GROW strategy for Heavy Duty Highly Integrated 3in1 System 1st Nomination for a E-Motor for 1st Nomination for a Hybrid Heavy Duty (2020) Module for Heavy Duty (2021) P1 Hybrid Key Aspects: Module • Mar
Slide 12: Power Electronic Unit Application – Extending our 3in1 Powertrain Portfolio
3 How we win Power Electronic Unit Application – Extending our 3in1 Powertrain Portfolio PEU New Business GROW PEU for E-Axle SiC1 Inverter 3in1 E-Axle 800 V Performance Key Aspects Applications • First Inhouse Power Electronic Unit for Schaeffler • E/E2 Innovations and Competences build up internal
Slide 13: E-Axles – Reinventing E-Axles with a Thermal Management System
3 How we win E-Axles – Reinventing E-Axles by combining all our Components with a Thermal Management System Cross fertilization from ICE New Business GROW mature ICE ICE Business Benefit TMM + Efficiency Drive >25% Avail. Waste Heat>30% Increase of Current market leader for Efficiency and EV TMM in
Slide 14: Industrial applications – Leveraging Schaeffler's Auto and Industrial DNA
3 How we win Industrial applications – Leveraging Schaeffler´s Auto and Industrial DNA, Capturing New Growth Opportunities with Cross-Fertilization Wave-Winding New Business GROW Technology Market entrance in Industrial for E-Motors Market entry in Industrial for Key Aspects eWheel • Modular platfor
Slide 15: Sustainable Investments in Europe – New E-Mobility production plant in Hungary
3 How we win Sustainable Investments in Europe – New E-Mobility production plant in Hungary Competence New Business center for manufacturing Production of systems & components CO2 neutral Key Aspects • 18,000 m3 thereof 15,000 m3 production space (30 hectares area) • DGNB1 Gold certification and hig
Slide 16: Fuel Cells – Joining Forces with Refire
3 How we win Fuel Cells – Joining Forces: Schaeffler´s Industrialization Power Combined with Refire Fuel Cell System Know-How Strategic New Business Cooperation Development of Key Components & Accelerating time to market Key Aspects • Development of Bipolar plates and Thermal Management Systems • In
Slide 17: Chassis Systems – Schaeffler will drive the expansion of chassis mechatronics
3 How we win Chassis Systems – Schaeffler will drive the expansion of chassis mechatronics Proven expert in the fields of New Business GROW electronics and mechatronics Powertrain agnostic business Future growth Viktor Molnar potential for • Various global managerial positions at Key Aspects: Chassi
Slide 18: Eco-system – Creating a leading technological platform
3 How we win Eco-system – Creating a leading technological platform with strong industrialization capabilities Mature Business New Business Key aspects • We continuously leverage our Automotive + Industrial supplier eco- We system by following our portfolio logic of Build, Grow, Harvest and We Exit/
Slide 19: How we create value
4 How we create value June 22, 2021 Schaeffler Automotive Technologies | J.P. Morgan European Automotive Conference 19
Slide 20: How we fund our own growth and create value
4 How we create value How we fund our own growth and create value Mature Business Order Intake2 FY 2019 & FY 2020 New Business Products for Powertrain Powertrain Products for ICE and HEV agnostic1 agnostic1 Electrified products products Powertrains 41% Priority Margin HEV Priority Growth xEV Order 2
Slide 21: Conquer leadership positions in New Business
4 How we create value We drive the transition to innovative propulsion and chassis technologies, to conquer leadership positions in New Business We plan conservatively with a disciplined view on costs in a highly uncertain market 1 environment We aim to outperform the market thanks to our system und
Slide 22: June 22, 2021 Schaeffler Automotive Technologies | J.P. Morgan European Automotive Conference
June 22, 2021 Schaeffler Automotive Technologies | J.P. Morgan European Automotive Conference 22
Slide 23: Backup
SCHAEFFLER We pioneer motion
Slide 24: Semiconductor shortage – Evaluation and impact on our business
Backup Semiconductor shortage – Evaluation and impact on our business We have a balanced customer portfolio in Light Vehicles and Heavy Duty, but the 1 semiconductor shortage is hitting the market across the board 2 According to industry sources, and to our own evaluation, the supply of semiconducto
Slide 25: Schaeffler Group at a glance
Backup Schaeffler Group at a glance – We are an Automotive and Industrial supplier 3 Divisions Schaeffler Group 4 Regions In % of FY 2020 In % of FY 2020 • Leading position in technology and Asia Pacific innovation 13% Industrial 25% • Diversified customer base serving 10 customer sectors Europe • M
Slide 26: Focused and fast-paced E-Mobility portfolio expansion since 2019
Backup Focused and fast-paced E-Mobility portfolio expansion since 2019 First SOP for First E-Motor First 3in1 DHT HEV Construction start First 3in1 Hybrid First Power Electronic HEV Hybrid Module xEV nomination HEV nomination HEV Module xEV Unit nomination for xEV E-Mobility plant, with Torque Szom
Slide 27: We will capture further market potential with high quality components and systems
Backup We will capture further market potential with high quality components and systems Mature Business HARVEST System understanding at vehicle level Hybrid Module with Torque Converter Mechatronic and Electrical Systems Mature Mechanical Damper New + CVT Chain Components and Systems We deliver Sig
Slide 28: We actively manage the transition by ensuring profitability in Mature Business
Backup We actively manage the transition by ensuring profitability in Mature Business and a strong growth in New Business Mature Business Automotive Technologies – New Business Driving the transition to innovative propulsion and chassis technologies We We HARVEST Build BUILD Growth with our Competen
Slide 29: E-Mobility Propulsion portfolio today – Components and Systems
Backup E-Mobility Propulsion portfolio today – Components and Systems Powertrain Systems DHT, Hybrid Modules, E-Axles etc. Thermal Management Fuel Cell Mechatronic and Electrical Systems Power Electronic, Actuator Systems, etc. Mechanical Systems E-Motors, Gearboxes, Wet Clutches etc. Components Rot
Slide 30: Automotive Technologies (AT) outperformance by quarters
Backup Automotive Technologies (AT) outperformance by quarters YTD 21 Q1 21 Outperformance: +1.8pp Outper- IHS1 AT2 formance World +14.0% +15.8% +1.8pp Europe -1.1% +3.4% +4.5pp Americas -2.8% +6.0% +8.8pp Greater China +76.5% +74.3% -2.2pp Asia/Pacific +3.1% +13.6% +10.5pp FY 20 Q1 20 Q2 20 Q3 20 Q
Schaeffler — J.P. Morgan European Automotive Conference 2021 on 6ix