James Hardie Industries Plc. · NYSE:JHX
James Hardie Industries — Corporate Update (June 2018)
29 slides from James Hardie Industries's corporate update, Jun 26, 2018
Slide 1: James Hardie Systems – Asia Pacific Investor and Analyst Tour
Exhibit 99.4 James Hardie Systems Steven Terzian, General Manager JHS Asia Pacific Investor and Analyst Tour Sunshine Coast, Australia June 25-26, 2018
Slide 2: Cautionary Note on Forward-Looking Statements
CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS This Management Presentation contains forward-looking statements. James Hardie Industries plc (the “Company”) may from time to time make forward-looking statements in its periodic reports filed with or furnished to the Securities and Exchange Commission,
Slide 3: Cautionary Note on Forward-Looking Statements (continued)
CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS (continued) Words such as “believe,” “anticipate,” “plan,” “expect,” “intend,” “target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “aim,” “will,” “should,” “likely,” “continue,” “may,” “objective,” “outlook” and similar expressions are i
Slide 4: Agenda
AGENDA 1. JHS Strategy 2. Alignment to segmentation 3. Current market performance 4. HD construction methodology and PFW 5. Why Ritek? 6. JHS Performance PAGE 4
Slide 5: Recap on the Acquisition
Recap on the Acquisition Ritek Wall Systems was acquired in February 2017, forming a new business unit within the JH group Alignment to the JH business model Expansion into a growing residential High Density (HD) segment Technically superior walling system Opportunity to pull through fibre
Slide 6: JHS Strategy
JHS Strategy Vision: Transform the Australian way to build APPROACH 1. Zero Harm : Build on momentum. 2. Market Led : Continue to build insight into the segment and its stakeholder requirements 3. Innovative Solutions : Expand on system offer and incorporation of FC cladding options 4. World class m
Slide 7: Zero Harm at the Core of Our Strategy
ZERO HARM AT THE CORE OF OUR STRATEGY Safe People Safe Places Safe Systems • Everyone at JH is a Safety • 5S and housekeepingvisibly • Safety integrated intoevery Leader demonstrates ZeroHarm function across the business • Every employee in the • Engineering controls are business is empowered implem
Slide 8: Aligning with the organisation's Zero Harm culture
Aligning with the organisations Zero Harm culture Example of improvements within mobile plant interaction PAGE 8
Slide 9: Residential Construction Market
Residential Construction Market Renovation Single Medium Medium High Ultra High Detached Density Density Density Density (Townhouses) (Up to 3 levels) (4-12 Levels) ( >12 Storey) Densification PAGE 9
Slide 10: Densification and Growth Corridors aligned with Transport Hubs
Densification and Growth Corridors aligned with Transport Hubs Social and economic factors driving densification into our suburban hubs PAGE 10
Slide 11: High rise starts predicted to fall but still above historical average
Although high rise starts are predicted to fall – they are still above the historical average High Rise Starts 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 - Dec 98 Dec 99 Dec 00 Dec 01 Dec 02 Dec 03 Dec 04 Dec 05 Dec 06 Dec 07 Dec 08 Dec 09 Dec 10 Dec 11 Dec 12 Dec 13 Dec 14 Dec 15 Dec 1
Slide 12: The pipeline of work remaining is large
Moreover the pipeline of work remaining is large High Rise Pipeline 35000 30000 The pipeline consists of both: 25000 1. Value of work 20000 yet to be done 15000 2. Value of work Value of Pipeline ($m) Pipelineof Value yet to be 10000 commenced 5000 0 Sep-01 Sep-02 Sep-03 Sep-04 Sep-05 Sep-06 Sep-07
Slide 13: JH achieves access across all segments
JH achieves access across all segments Renovation Single Medium Medium High Ultra High Detached Density Density Density Density (Townhouses) (Up to 3 levels) (4-12 Levels) ( >12 Storey) PAGE 13
Slide 14: Methods of Construction within the HD Segment
Methods of Construction within the HD Segment Traditional Core Filled Block Pre Cast Permanent Form Work Temporary Formwork Double Brick PAGE 14
Slide 15: Permanent Formwork (PFW)
Permanent Formwork (PFW) What is PFW? PFW is a structural walling system that consists of braces or moulds, put in place to contain concrete as it sets, however not removed after the fact. PAGE 15
Slide 16: Product Maturity within the HD Segment
Product Maturity within the HD Segment Adoption / Penetration rate HD Market Share % of area using Temporary Pre-cast Formwork 100 MATURITY DECLINE 90 Core Filled PFW, 33% 50 GROWTH Block Traditional, 67% Permanent Form Work 10 0 INTRODUCTION Life Cycle progression Source: JHA Analysis Issues faced
Slide 17: PFW Construction Benefits
PFW Construction Benefits Offering strong benefits against traditional methods Speed of construction Smaller crane Reduces cost Improved logistics Customization promotes better managing of materials and waste Resolves site access challenges Building within tight sites Minimizing tr
Slide 18: Why Ritek?
Why Ritek? Concrete Durability Fill Finished Minimum Wall Blowouts Capability In our view Ritek delivers the most advanced PFW solution PAGE 18
Slide 19: JHS System Offering – XL and XLT
JHS System Offering – XL and XLT Patented solution System Details and Benefits Accessories delivering on water management and aesthetic benefits Internal core structure providing durability and concrete management In-situ thermal capabilities R1.5 – 4.8 Reduce wall thickness and increase f
Slide 20: JHS – Business Model
JHS – Business Model PAGE 20
Slide 21: JHS System Applications
JHS System Applications Exterior Interior Blade Walls Lift Shafts Stair Wells Columns PAGE 21
Slide 22: Creating Value via the Finished Wall Capability
Creating Value via the Finished Wall Capability JHS patented stud configuration with JH’s superior fibre cement provides value in the reduction of building cost and creates additional space System Installed Wall Cost Wall Installed System Delivered Price Installation Cost Battens & Lining Joint Se
Slide 23: JHS PFW has a compelling value proposition relative to traditional methods
JHS PFW has a compelling value proposition relative to traditional methods While apartment sizes are decreasing, JHS provides the opportunity for more space PAGE 23
Slide 24: Increasing the Value of Fibre Cement into each HD build
Increasing the Value of Fibre Cement into each HD build Expanding the Bundle – Structure & Cladding Increasing the Penetration of FC into HD Aligning and influencing Architectural project Design stakeholders PAGE 24
Slide 25: Increasing fibre cement penetration into the HD segment
Increasing fibre cement penetration into the HD segment Enabling a fibre cement bundle within the HD segment while providing the opportunity to differentiate the look PAGE 25
Slide 26: Leveraging off operational excellence within the JH business
Leveraging off operational excellence within the JH business Phase 1: Focusing on key areas to reduce cost and increase profitability Phase 2: Introduce Hardie Advantage to continue to drive improvement PAGE 26
Slide 27: JHS Business Performance
JHS Business Performance Since the acquisition the following has been achieved: “One Organisation” has been formed Key staff retained Immediate focus on safety with positive shift in culture Strategy is playing out with growth achieved Successful entry into the HD segment Conversion of
Slide 28: JHS Strategy
JHS Strategy Vision: Transform the Australian way to build APPROACH 1. Zero Harm : Build on momentum. 2. Market Led : Continue to build insight of the segment and its stakeholder requirements 3. Innovative Solutions : Expand on system offer and incorporation of FC cladding options 4. World class man
Slide 29: Questions
(@) sames Hardie QUESTIONS
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