Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — Investor Day (March 2010)
18 slides from Siemens Aktiengesellschaft's investor day presentation, Mar 26, 2010
Slide 1: Siemens Industry – OSRAM Division
Siemens Industry – OSRAM Division Martin Goetzeler CEO OSRAM Division Capital Market Days 'Industry' Munich, March 26, 2010 © Siemens AG 2010. All rights reserved
Slide 2: Safe Harbour Statement
Safe Harbour Statement This document contains forward-looking statements and information – that is, statements related to future, not past, events. These statements may be identified by words such as "expects," "looks forward to", "anticipates", "intends", "plans", "believes", "seeks", "estimates",
Slide 3: OSRAM: Acted fast in 2009 and the results show it
OSRAM: Acted fast in 2009 and the results show it Fiscal Year First Quarter Execution of OSRAM 2010 €bn Strengthened Green and LED product portfolio Revenue 4.6 4.0 1.1 1.1 Streamlined organization 2008 2009 Q1 2009 Q1 2010 €m Further improved global 8.7% footprint Profit (% of 13.5% 401 8.4%
Slide 4: Major shift to low-cost countries increases our competitiveness
Major shift to low-cost countries increases our competitiveness OSRAM sales split Global footprint Strong presence in emerging markets Headcount in low-cost countries: - R&D 24% Emerging 32% markets - Manufacturing 63% Developed markets 68% Purchasing: 40% of external volume and 80% of merchandi
Slide 5: OSRAM is well positioned for the LED transition
OSRAM is well positioned for the LED transition Leading in all technologies – Choice for our customers Market Dynamics Technology transition OSRAM – the only lighting player with #1 or #2 positions in all technologies > 60% > 30% R&D in 2009: 6.6% of sales As trendsetter we are driving the tec
Slide 6: OSRAM proactively addresses the changes in the lighting industry
OSRAM proactively addresses the changes in the lighting industry Lighting industry OSRAM's actions Solutions Changes in sales channels Drive partnering with customers New LED lighting players Push project and service business Backward integration of e.g. BT, Amtech LED Value Chain existing
Slide 7: The OSRAM LED strategy: Preferred partner of our customers
The OSRAM LED strategy: Preferred partner of our customers Integrated LED offerings along entire value chain Illumination Market Tight customer relationships Size in €bn Project and service business 2) Light management portfolio CAGR 50%1) 9.8 World-class offerings incl. Traxon Fast expandin
Slide 8: The OSRAM LED backbone: Continual innovations, market-leading IP portfolio, further standardization
The OSRAM LED backbone: Continual innovations, market-leading IP portfolio, further standardization Innovation ORBEOS: 1st fully qualified OLED panel Joule: Standardized LED headlight e.g. VW L1, BMW motorcycles Building Management Systems IP and standardization Lighting player with highest
Slide 9: Traxon strategy succeeds – Over 200 projects in 2009 and strong revenue growth
Traxon strategy succeeds – Over 200 projects in 2009 and a strong revenue growth Flexibility Palazzo Grassi Museum, Venice / Italy Customized solutions Light management Revolving Christmas Energy efficiency Star, Munich / Germany Page 9 March 26, 2010 Capital Market Days 'Industry' © Siemens
Slide 10: Fascinating lighting opportunities with LED and light management systems
Fascinating lighting opportunities with LED and light management systems Marina Hotel, Yas Island Abu Dhabi (UAE) OSRAM indoor cove lighting and e:cue controls for animated videos on grid shell and outdoor fixtures Meydan, Dubai (UAE) Hotel and racetrack equipped with 23 km of LED lighting solutions
Slide 11: Energy saving drives business: A triple win
Energy saving drives business: A triple win – For the environment, the customer and OSRAM Energy saving for retail LED technology for freezer and cooler applications Proximity sensors and LED fixtures for sales floors Reduce energy consumption by 50% to 80% Energy audits for industries Energ
Slide 12: We are close to our customers
We are close to our customers Moses Mabhida Stadium in Durban 'The Arch' 350-meter, 2,600-ton, 30 stories high, equipped with OSRAM LEDs and electronics Copyrights picture: gmp · Architects von Gerkan, Marg and Partner; Rendering: Macina; Video Schréder / BEKA Page 12 March 26, 2010 Capital Market D
Slide 13: OSRAM is leading the technology transition by building on our strengths
OSRAM is leading the technology transition by building on our strengths OSRAM strategy Solid and fast execution of OSRAM 2010 – Extended the future platform and returned to stronger financial performance OSRAM is leading the technology transition with sustainable products that provide choice for
Slide 14: Reconciliation and Definitions for Non-GAAP Measures (I)
Reconciliation and Definitions for Non-GAAP Measures (I) To supplement Siemens’ Consolidated Financial Statements presented in accordance with International Financial Reporting Standards, or IFRS, Siemens presents the following supplemental financial measures: New orders and order backlog Adjust
Slide 15: Reconciliation and Definitions for Non-GAAP Measures (II)
Reconciliation and Definitions for Non-GAAP Measures (II) New orders and order backlog (continued) New orders are generally recognized immediately when the relevant contract becomes legally effective and binding. The only exception are orders with short overall contract terms. In this case, a separa
Slide 16: Reconciliation and Definitions for Non-GAAP Measures (III)
Reconciliation and Definitions for Non-GAAP Measures (III) Return on equity, or ROE In line with common practice in the financial services industry, Siemens Financial Services (SFS) uses return on equity, or ROE, as one of its key profitability measures. Siemens defines ROE as annualized Income befo
Slide 17: Reconciliation and Definitions for Non-GAAP Measures (IV)
Reconciliation and Definitions for Non-GAAP Measures (IV) EBITDA (adjusted) and EBIT (adjusted) Siemens defines EBITDA (adjusted) as EBIT (adjusted) before amortization (which in turn is defined as Amortization and impairments of intangible assets other than goodwill) and Depreciation and impairment
Slide 18: Reconciliation and Definitions for Non-GAAP Measures (V)
Reconciliation and Definitions for Non-GAAP Measures (V) Limitations Associated with Siemens’ Supplemental Financial Measures The supplemental financial measures reported by Siemens may be subject to limitations as analytical tools. In particular: With respect to adjusted or organic growth rates o