Vossloh Aktiengesellschaft · XETR:VOS
Vossloh Aktiengesellschaft — Investors Conference – Kepler Cheuvreux, Frankfurt (January 2015)
18 slides from Vossloh Aktiengesellschaft's conference presentation, Jan 19, 2015
Slide 1: Investors Conference – Kepler Cheuvreux
Investors Conference – Kepler Cheuvreux January 19, 2015, Frankfurt Oliver Schuster – CFO
Slide 2: Disclaimer
Disclaimer Note: This presentation contains statements concerning the future business trend of the Vossloh Group which are based on assumptions and estimates of the Company’s management. If the assumptions underlying the forecasts fail to materialize, the actual results can significantly deviate fro
Slide 3: Vossloh 2014
Vossloh 2014 Vossloh-subsidiaries– projects in over 100 countries, worldwide Group Financial Data (in € mill) 1-9/2014 1-9/2013 Orders received 969.8 1,136.9 Order backlog 1,730.4 1,726.1 Net Sales 967.7 958.5 EBIT (150.4) 34.6 EBIT pro forma ~ 23.0 n.a. Capital expenditures 41.6 42.5 Free Cash Flow
Slide 4: Group Overview: Organisation by business model
Group Overview Organisation by business model Vossloh AG Core Components Customized Modules Lifecycle Solutions Transportation Vossloh Fastening Systems Vossloh Switch Systems Vossloh Rail Services Vossloh Locomotives Vossloh Rail Vehicles Vossloh Electrical Systems Focus on: Focus on: Focus on: Foc
Slide 5: Financial Key Data by Segment
Financial Key Data by Segment Core Components Customized Modules Lifecycle Solutions Transportation In € mill. 9 m 2014 9 m 2013 9 m 2014 9 m 2013 9 m 2014 9 m 2013 9 m 2014 9 m 2013 Orders received 238.7 189.7 350.4 351.8 54.2 41.6 330.7 553.9 Order backlog 156.6 182.1 352.3 335.7 9.3 5.5 1,214.0 1
Slide 6: 2014 Chronology (1 of 2)
2014 Chronology (1 of 2) Point of time Measures / Decisions 2/14 Initial guidance of > 10% revenue growth, EBIT margin 5-7% 3/14 Exchange of Management Board 3/14 Placement of treasury shares, gross proceeds of €91 million 4/14 Adjustment of guidance to EBIT margin around 5% 6/14 Reassessm
Slide 7: 2014 Chronology (2 of 2)
2014 Chronology (2 of 2) Point of time Measures / Decisions 9/14 Analysts’ and investors’ event at Innotrans fair. Presentation of measures: - Start of US production plant Waco (Texas). Fullfillment of Buy American Act - Foundation of JV BetelTrans for direct access to Russian railway market - Con
Slide 8: Vossloh 2015 Core Components
Vossloh 2015 Core Components A worldwide market leader in rail fastening systems Products used in over 65 countries More than 90% of sales outside Germany Elastic rail fastening systems, screwed and maintenance-free, for ballast and ballastless tracks (high-speed), for mainline & conventiona
Slide 9: Vossloh 2015 Customized Modules
Vossloh 2015 Customized Modules A worldwide market leader in switch and crossing systems Over 75% of sales outside the French home market Standard, high-speed and specialty (heavy-haul) switches to all international standards Signaling components, switch actuators, locking devices and rail m
Slide 10: Vossloh 2015 Lifecycle Solutions
Vossloh 2015 Lifecycle Solutions Rail grinding, especially high-speed grinding, rail welding, rail logistics, rail testing, rail milling, rail reconditioning Customers: rail producers and rail operators, e.g. Deutsche Bahn, China Railways A leader in the German market for comprehensive rail se
Slide 11: Transportation: Vossloh Locomotives
Vossloh 2015 Transportation: Vossloh Locomotives A leader in the European market for ultramodern diesel-hydraulic and diesel-electric locomotives for shunting and mainline applications Locomotives from 400 to 2700 kW that regularly set new standards in their respective fields One-stop provider
Slide 12: Transportation: Vossloh Rail Vehicles
Vossloh 2015 Transportation: Vossloh Rail Vehicles Europe’s leading manufacturer of diesel-electric locomotives Metro and LRV systems Bogies for locomotives and passenger trains Manufacturer of Europe’s most powerful diesel-electric locomotive, the EURO 4000 Provision of maintenance servic
Slide 13: Transportation: Vossloh Electrical Systems
Vossloh 2015 Transportation: Vossloh Electrical Systems Vossloh Electrical Systems supplies innovative equipment for urban transport vehicles as well as traction systems for electric buses and trains Product range includes integrated systems for new vehicles, vehicle overhaul work, turnkey proje
Slide 14: Market for rail technology
Market for rail technology Faster than average growth in markets with Vossloh product groups Market for rail technology – average annual volume of the accessible market in € million and forecast average growth according to segments (in € million) Rolling Stock Services** Infrastructure Rail Control
Slide 15: Market for rail technology, rail infrastructure segment
Market for rail technology, rail infrastructure segment Growth expected in all focus markets Americas Western Europe Africa/ Eastern Europe Asia/Pacific Middle East ∑+4.5 %* ∑+3.1 %* 4.670 4,670 9,112 ∑+3.4 %* 4,179 7,735 14,252 3,029 12,086 2,034 ∑ +3.1 %* 8,373 6,708 5,686 5,214 4,712 3,637 2,204
Slide 16: 2014 – 2017
Vossloh 2014 – 2017 Gradual improvement of the profitability 2014e: Sales approx. €1.34 billion; adjusted EBIT margin approx. 2%* 2015e**: Sales growth of 3% to 4%, EBIT margin approx. 3% to 4%, positive free cash flow expected 2015e** and 2016e**: Still below target margin for EBIT, since res
Slide 17: Financial calendar and contact
Financial calendar and contact Financial calendar March 26, 2015 Publication of Group financial statements 2014 April 30, 2015 Publication of interim report as of March 31, 2015 May 20, 2015 Annual General Meeting July 30, 2015 Publication of semiannual report October 29, 2015 Publication
Slide 18: Thank you
Thank you vussloh 17