Forbo Holding Ag · SIX:FORN
Forbo — Investor Presentation (2013)
35 slides from Forbo's investor presentation, May 15, 2013
Slide 1: The Forbo Group
The Forbo Group Company presentation 2013 – The interface with daily life flooring. movement.
Slide 2: The Forbo Group
The Forbo Group foro) (roabo FLOORING SYSTEMS MOVEMENT SYSTEMS
Slide 3: The Forbo Group
The Forbo Group A global leader in flooring and movement systems. 5,000 employees worldwide International network of 24 production and distribution companies, 6 fabrication centers as well as 37 sales organizations In a total of 34 countries worldwide CHF 1,201.1 million net sales in 2012 CHF 90.1 m
Slide 4: Milestones
Milestones From 1928 to the present 1928 1973 – 1974 1975 – 1994 1994 – 1998 2000 – 2001 3 linoleum manufacturers – Adhesives activities hived off Forbo evolves into a world- Acquisition of Siegling, New strategy focusing on German, Swedish and Swiss from linoleum business to be wide group operating
Slide 5: Milestones
Milestones From 1928 to the present 2002 – 2003 2004 – 2006 2007 2008 2012 Adhesives gains world Strategic focus on three core New branding and growth Acquisition of the lightweight Focus on leading market stature by acquiring Swift, divisions reaffirmed. strategy; three core divisions – PVC conveyo
Slide 6: Net sales 2012 by division
Net sales 2012 By division Total CHF 1,201.1 million Movement Systems CHF 327.2 million 27.2% Flooring Systems CHF 873.9 million 72.8% Company Presentation 6
Slide 7: Net sales 2012 by geographic areas
Net sales 2012 By geographic areas Europe 67,8% CHF 814.5 million Asia/Pacific and Africa CHF 165.4 million North, Central, and 18,4% 13,8% South America CHF 221.2 million Company Presentation 7
Slide 8: Financial overview
Financial overview 2012 Forbo Group 2012 2011 CHF million CHF million Net sales 1,201.1 1,203.8 Operating profit (EBIT) without special items 117.2 148.9 Operating profit (EBIT) 162.6 148.9 EBIT margin without special items 9.8% 12.4% EBIT margin 13.5% 12.4% Net income from operations 90.1 115.0 Gro
Slide 9: Employees
Employees By geographic areas Europe 3,688 74 % Asia/Pacific and North, Central, and Africa South America 12 % 625 687 14 % 5,000 employees worldwide Company Presentation 9
Slide 10: Executive board
Executive board This E. Schneider Delegate of the Board of Directors and CEO Matthias P. Huenerwadel Jean-Michel Wins Andreas Spreiter Executive Vice President Executive Vice President Chief Financial Officer Flooring Systems Movement Systems Executive Vice President Company Presentation 10
Slide 11: Flooring Systems and Movement Systems
Flooring Systems Movement Systems Forbo is a leading producer of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt technology. Company Presentation 11
Slide 12: Flooring Systems
Flooring Systems creating better environments Company Presentation 12
Slide 13: Flooring Systems
Flooring Systems creating better environments A leading global player in high-quality, commercial and resilient floor coverings World leader in linoleum with a market share of over 65% environmentally friendly, functional and design-oriented linoleum high-quality project vinyls for commercial applic
Slide 14: Business segments: Commercial
Business segments Commercial Education Offices, Social Housing Healthcare Retail, Hospitality and and Public Buildings Leisure Thanks to their excellent attributes and attractive designs, our floor coverings are invariably the first choice for schools, hospitals, commercial offices, public buildings
Slide 15: Business segments: Commercial
Business segments Commercial Furniture Surfacing Transport Sports Industry and Cleanroom Outstanding technical specifications coupled with attractive designs make us the flooring partner of choice for a wide range of demanding applications like furniture coverings but also for the transportation and
Slide 16: Business segments: Residential
Business segments Residential Linoleum and Cushion Vinyl Our floors are essential to the way people experience quality of life. With our strong brands Novilon, Novilux and Marmoleum we offer modern, high-quality versatile floors for the home environment. Company Presentation 16
Slide 17: Product range: Forbo Flooring Systems
Product range Forbo Flooring Systems Linoleum Project vinyl Flocked flooring Cushion vinyl Carpet tiles Entrance Needle felt matting Forbo is world leader A complete range A unique durable Leading the For demanding systems Textile floor in linoleum with a including high product which is cushion viny
Slide 18: Building and construction adhesives
Building and construction adhesives Product range eurocol – the strong connection Flooring Ceramic tile Parquetry Leveling Primers and adhesives adhesives and adhesives compounds moisture barriers grouts Non-flammable In- and outdoor use Non-flammable Self-smoothing User friendly Easy to apply Super
Slide 19: 15 manufacturing sites in 6 countries
15 manufacturing sites in 6 countries Local entities in over 20 countries Château-Renault Reims France Assendelft Sales offices worldwide Coevorden Krommenie Netherlands Kaluga floor coverings Russia Giubiasco Switzerland Bamber Bridge Cortonwood Kirkcaldy Ripley Telford United Kingdom Erfurt German
Slide 20: Key figures 2012: Flooring Systems
Key figures 2012 Flooring Systems Net sales CHF 873.9 million EBIT without special items CHF 103.6 million EBIT margin without special items 11.8% Employees 3,034 (FTEs) Entities 30 Company Presentation 20
Slide 21: Why people choose Flooring Systems
Flooring Systems Why people choose Flooring Systems Widest sustainable product offer in the world Total solutions for every building from “entrance to back door” Special solutions for high-tech and specialist environments Superior designs in floor products for commercial and residential applications
Slide 22: Movement Systems
Movement Systems Siegling – total belting solutions Company Presentation 22
Slide 23: Movement Systems: Siegling total belting solutions
Movement Systems Siegling – total belting solutions Among the three leading suppliers worldwide Company Presentation 23
Slide 24: Industries and applications
Industries and applications Forbo Movement Systems Food Paper and Paper Printing Industrial Production Raw Materials There is hardly a production process or link in the supply chain that doesn’t use synthetic belts. Company Presentation 24
Slide 25: Industries and applications
Industries and applications Forbo Movement Systems Logistics Tobacco Sports Textile We are connecting flows of goods and people; in factories, supermarkets, bakeries and airports, at postal hubs and printworks. Company Presentation 25
Slide 26: Product range: Forbo Movement Systems
Product range Forbo Movement Systems Transilon Extremultus Prolink Proposition For speeding the flow Optimized for A useful supplement to In modern power of goods and for numerous operations. conventional conveyor transmission and economical Have proved belts in many handling technology our processi
Slide 27: Value creation chain – from fabric to fitted belts
Value creation chain – from fabric to fitted belts Coating Fabrication Fitting “Chemical factory” Workshop Specific Know-how Limiting capacity Customer and application Close to customer specific know-how “Weeks to months” Reaction time Cost determined by Cost dominated by personal cost (80%) Persona
Slide 28: Roll production sites and fabrication centers in 9 countries
9 roll production sites and 6 fabrication centers in 9 countries – local entities in over 25 countries Shanghai China fabrication Garbsen Germany centers Malacky Slovakia Itapevi Brazil Lunderskov Denmark Hanover roll Germany production Tlalnepantla Mexico Wallbach Switzerland Huntersville USA Sheny
Slide 29: Key figures 2012: Movement Systems
Key figures 2012 Movement Systems Net sales CHF 327.2 million EBIT CHF 27.0 million EBIT margin 8.2% Employees 1,925 (FTEs) Entities 29 Company Presentation 29
Slide 30: Why people choose Movement Systems
Movement Systems Why people choose Movement Systems Worldwide 24 hour service On-site service with local Forbo personnel and warehouses for the products required by the market Local production and fabrication on all continents (flexible, market-oriented) Product type diversity in first-class quality
Slide 31: Responsibility and sustainability
Responsibility and sustainability Social responsibility and environmental integrity are core values of Forbo: we are committed to protecting the environment and investing in a sustainable future. Through investments in research and development, we are constantly seeking to improve the environmental
Slide 32: Accountability and transparency
Accountability and transparency Our manufacturing operations have environmental management systems certified under ISO and other international standards. Raw materials and energy are used efficiently; waste is recycled wherever possible. Our state-of-the-art installations are designed to reduce the
Slide 33: Health and safety
Healthy and safety As a responsible manufacturer and employer, Forbo has always complied with health, safety, environmental, and quality standards as a part of our business policy. And we have often been the forerunners in our industries, setting standards and then going several steps beyond. As a r
Slide 34: Education and innovation
Education and innovation Growth does not just mean enlargement – it’s also getting better. Better at deploying the potential of our employees, our resources and meeting the requirements of our fast-changing world. Therefore we need the talents of our employees. To enable excellence, we encourage sel
Slide 35: As a global leader in flooring and movement systems
As a global leader in flooring and movement systems, Forbo creates better solutions for its customers and more rewarding perspectives for all its stakeholders. flooring. movement.