Bulten Ab · OMXSTO:BULTEN
Bulten Ab — Investor Day (2020)
14 slides from Bulten Ab's investor day presentation, 2020
Slide 1: Sustainable Growth
Sustainable Growth Anders Nyström PRESIDENT AND CEO
Slide 2: Bulten was founded in 1873 and has developed into one of the largest fastener suppliers
Bulten was founded in 1873 and has since then developed into one of the largest suppliers of fasteners to the automotive industry. 1873 2020 It has been 147 years since young engineers Today Bulten has a strong position as supplier Nils Petersson and Gottfrid Rystedt saw and partner of sustainable f
Slide 3: Strong customer base and relationships with major vehicle OEMs and Tier 1 suppliers
Strong customer base and relationships with major vehicle OEMs as well as Tier 1 suppliers Heavy Vehicle OEM’s Light vehicle OEM’s Mack Trucks Audi Nissan MAN UD Trucks 13% Avtovaz Opel Renault Volvo BAIC Polestar Scania BMW Porsche 8% Fiat Renault Ford Seat Suppliers Gaz Skoda Geely UAZ Autoliv Nem
Slide 4: Bulten's offer
BULTEN’S OFFER Other types of Services linked to fasteners fasteners Bulten is one of few companies that can PINS ENGINEERING assume total responsibility for all fasteners Core products RIVET DESIGN for an entire platform, vehicle model or RIVET NUTS TESTING factory. METALLIC CLIPS PROCUREMENT With
Slide 5: Core values: Our way to success we make a difference
CORE VALUES Our way to success we make a difference Professional Innovative Dedicated Empowered BULTEN CMD 2020 7
Slide 6: Strong geographical footprint
Strong geographical footprint SWEDEN Gothenburg, Arendal, Hallstahammar Production Head office ‐ Gothenburg Logistics Sales Development GREAT BRITAIN Scunthorpe, Wolverhampton, Meriden, Halewood USA Hudson, Hagerstown POLAND Bielsko‐Biala, Wilkowice GERMANY AUSTRIA SLOVAKIA ROMANIA RUSSIA CHINA Berg
Slide 7: Bulten 2019
Bulten 2019 Bulten ramp‐up of new contracts Inaugurates new Complete land factory in Tianjin purchase in Poland Anders Nyström new CEO Agreement on Bulten ready acquisition of PSM for growth Q1 Q2 Q3 Q4 Q1 2020 Transfer of China production to Tianjin ‐17 MSEK Strategic initiatives affected comparabi
Slide 8: Bulten in figures 2019
Bulten in figures 2019 NET SALES ADJ EBIT ORDER INTAKE ADJ ROCE 3.1 BSEK 147 MSEK 3.1 BSEK FY 2019 8.1% ‐1.2% vs 2018 4.8% of sales +0.2% vs 2018 784 MSEK 42 MSEK 841 MSEK Q4 2019 +5.0% vs 2018 5.4% of sales +13.6% vs 2018 BULTEN CMD 2020 10
Slide 9: Stronger 24
Stronger 24
Slide 10: Vision and business concept
VISION We create and supply the most innovative and sustainable fastening solutions. BUSINESS CONCEPT • We continuously deliver market leading fastening solutions that meet customer requirements on efficiency, quality, price and sustainability. • With clear objectives, global presence, responsible c
Slide 11: Mission
Mission We draw from Bulten’s close to 150 years of fastener knowledge to deliver, not merely fasteners, but complete solutions. Our experienced and dedicated people help our customers around the globe succeed in everything from product design to production, procurement and service. Our nature is to
Slide 12: Bulten a truly global company
Stronger 24 Bulten a truly global company ADDING PSM BULTEN 2019 • Turnover 0.5 BSEK • EBIT margin ~10% Bulten • Strong position in Asia‐Pacific and US • Turnover 3.1 BSEK • Adj EBIT margin ~5 % Business Potential Stronger 24 • Strong balance sheet • Headroom in market • Strong position in Europe •
Slide 13: New vision and financial targets
Stronger 24 New financial targets New vision and financial targets Growth: 5 BSEK 2024 ‐ CAGR of 10% EBIT: > 8% ROCE: > 15% We create and supply the most Values innovative and sustainable fastening solutions Professional Innovative Dedicated Empowered Strong customer offer Full Service Provider Inno
Slide 14: Investment highlights
Stronger 24 Investment highlights Strong financial Strong position Growth Margin expansion platform FSP concept Organic growth Acquisition synergies Financial leverage continued One of the few players that Leveraging strong position and ramp‐up of existing distribution of dividends offers complete s