Wartsila Oyj Abp · OMXHEX:WRT1V
Wartsila Oyj Abp — Wärtsilä — Investor Presentation (2011)
35 slides from Wartsila Oyj Abp's investor presentation, 2011
Slide 1: Wärtsilä Corporation Corporate Presentation 2011
WÄRTSILÄ CORPORATION CORPORATE PRESENTATION 2011 1 © Wärtsilä
Slide 2: This is Wärtsilä
This is Wärtsilä SHIP POWER POWER PLANTS SERVICES 2 © Wärtsilä Corporate Presentation
Slide 3: Our mission, vision, and values
Our mission, vision, and values Mission • We provide lifecycle power solutions to enhance the business of our customers, while creating better technologies that benefit both the customers and the environment. Vision • We will be the most valued business partner of all our customers. Values • Energy
Slide 4: Our offering
Our offering … we are seeking growth beyond the organic growth NON-ENGINE RELATED SERVICES Ship services OEM Power services Plants Engines Propulsors Ship Power ADDITIONAL systems PRODUCTS O&M Competitors’ engines ADDITIONAL ENGINE BRANDS 4 © Wärtsilä
Slide 5: Wärtsilä Ship Power
Wärtsilä Ship Power Wärtsilä enhances the business of its customers by providing integrated systems, solutions, and products that are efficient, economically sound, and environmentally sustainable. Being a truly global organisation with an extensive network, we have the ability to create and supply
Slide 6: Our growth strategy
Our growth strategy Seek further growth through offering lifecycle solutions for ship owners and operators Be the leading system integrator in the ship building industry with further enhancement in our offering and capabilities Complement the system integration success with the best product sales an
Slide 7: Market drivers
Market drivers • Global demand for new vessels, in particular regarding ships built for seaborne cargo transportation, offshore oil exploration and support, cruise and ferry services, and for naval contracting. • Development of the global economy and its impact on trade and needed transport capacity
Slide 8: We bring to the marine market:
We bring to the marine market: Operational Excellence World-class engineering and project management capabilities support a unique portfolio of solutions One-stop shopping and support services Global presence and the most efficient and reliable design, construction and operation of installatio
Slide 9: Solution provider with an extensive product portfolio
Solution provider with an extensive product portfolio Power Communication Environmental Automation Power drives distribution and control technologies Merchant Lifecycle Total concepts System deliveries services through: through: Offshore • R&D • System Integration • Ship Design Capabilities Cruise &
Slide 10: Wärtsilä Power Plants
Wärtsilä Power Plants We provide superior value to our customers with our flexible, efficient and environmentally advanced energy solutions, which enable a transition to a more sustainable and modern energy infrastructure. 10 © Wärtsilä
Slide 11: Wärtsilä Power Plants
Wärtsilä Power Plants • We are a major supplier of flexible base load power plants operating on various liquid and gaseous fuels • We provide unique, dynamic solutions for grid stability, reserve, peaking, load following and intermittent power generation • Our multi-fuel solutions for the Oil & Gas
Slide 12: Our target markets and solutions
Our target markets and solutions Flexible base- Grid stability Industrial Solutions for load power and peaking self-generation the oil and gas generation industry Oil, dual-fuel Liquid biofuel Flexible grid Combined heat Pumping and and gas fired power plants stability power & power plants compressi
Slide 13: Customer support
Customer support Development and Financial Services Global service support • Project development • Local service outlets in more than • Financing support 70 countries • Carbon finance expertise • Long-term operation and/or World class Project Management maintenance agreements • Global EPC (Engineeri
Slide 14: Market trends and drivers
Market trends and drivers • Growth of electricity demand • Increasing need for flexibility – Electrification – Increasing daily, weekly and seasonal – GDP growth demand fluctuation – Increasing standard of living – Rapid introduction of intermittent renewable energy (wind & solar) • Search for susta
Slide 15: Smart power generation
Smart power generation Competitive generation cost Energy and high dispatch Efficiency Highest simple cycle electrical efficiency (>46%) High efficiency even in hot ambient conditions Flexicycle™ (Combined cycle combustion engine plant) High part load efficiency Multi-tasking plant prepared
Slide 16: Wärtsilä Services
Wärtsilä Services Preventing the unexpected and optimising our customers operations is our shared passion. We serve you whenever, wherever. We provide the broadest portfolio and best services in the industry for both ship power and power plants. We offer expertise, proximity and responsiveness for a
Slide 17: Our strategic goal
Our strategic goal To be recognised by customers as their services partner: competitive, trusted and easy to deal with. • Wärtsilä Services strategy is to strengthen its leading position in the marine and power plant markets and to broaden its offering in order to better support its customers. • Whi
Slide 18: Market drivers
Market drivers • Companies focus on efficiency and impact of their operational expenses • Accelerating technological development • Increasing appeal of modernisation and efficiency improvement projects • Increasingly strict environmental regulations means a strong focus on sustainable solutions • In
Slide 19: Lifecycle efficiency focus
Lifecycle efficiency focus Preventing the unexpected Guaranteed performance and risk management are identified as key needs of our customers. Preventing the unexpected is vital to ensure cost efficiency and smooth operations. Environmental efficiency Environmental legislation and the need for energy
Slide 20: Services expertise areas
Services expertise areas Service Agreements Wärtsilä Services becomes the most valued business partner by understanding customers’ problems and assembling the appropriate solution to solve them. 20 © Wärtsilä
Slide 21: Wärtsilä Services
Wärtsilä Services 70 countries 160 locations 11’000 people 7’500 field service forces We are the only player in the market able to offer our clients 24/7 support, globally, in the fields of logistics, technical support and field service from a single source. 21 © Wärtsilä
Slide 22: Wärtsilä Industrial Operations
Wärtsilä Industrial Operations We provide market leading products 22 © Wärtsilä
Slide 23: Wärtsilä Industrial Operations
Wärtsilä Industrial Operations • We offer innovative technologies that benefit both the customer and the environment • Our manufacturing operations are flexible, agile and close to the customer • We prioritise quality, delivery and cost – in that order • Through our people we strive to build a stron
Slide 24: Our strategy
Our strategy Our top priorities are to secure competitive product quality, delivery accuracy and total cost of ownership for our customers. We emphasise product development and product delivery processes in close co-operation with the customers. Our strengths • Innovation • Competitive product portf
Slide 25: Flexible manufacturing close to customers
Flexible manufacturing close to customers Our competitive product portfolio consists of products related to medium-speed engines, low- speed engines, propulsion equipment, electrical & automation equipment, as well as emission abatement & energy efficiency products. Our products are reliable, lifecy
Slide 26: Research & Development
Research & Development • Wärtsilä develops, designs and manufactures competitive products and solutions for the marine and energy markets. • In our Research & Development activities the objective is to achieve a leading position in engine and propulsion technology, specifically in the areas of envir
Slide 27: Wärtsilä R&D footprint
Wärtsilä R&D footprint Trondheim, Norway Frequency converters Stord, Norway Electrical & Vaasa, Finland Automation systems W20; W32/32DF/34SG, Ecotech Turku, Finland Rubbestadneset, Ecotech Norway CPP, Gears Espoo, Finland Fuel cells, Ecotech Drunen, The Netherlands CPP, FPP, Thrusters Havant, UK; S
Slide 28: Sustainability has a key role in our strategy
Sustainability has a key role in our strategy 28 © Wärtsilä
Slide 29: Wärtsilä in sustainability indices
Wärtsilä in sustainability indices 29 © Wärtsilä
Slide 30: Financial highlights
Financial highlights MEUR 2010 2009 2008 2007 Order intake 4 005 3 291 5 573 5 633 Order book at the end of the period 3 795 4 491 6 883 6 308 Net sales 4 553 5 260 4 612 3 763 Operating result1 487 638 525 380 % of net sales1 10.7 12.1 11.4 10.1 Profit before taxes 548 558 516 372 Earnings/share, E
Slide 31: Net sales by market area
Net sales by market area Strong presence in Asia 6000 MEUR 5000 4000 3000 2000 1000 0 2006 2007 2008 2009 2010 Asia Europe Americas Other 31 © Wärtsilä
Slide 32: Solid profitability
Solid profitability 800 16% MEUR 700 14% 600 12% 500 10% 400 8% 300 6% 200 4% 100 2% 0 0% 2006 2007 2008 2009* 2010* EBIT EBIT % *) Operating result before nonrecurring restructuring items 32 © Wärtsilä
Slide 33: Personnel development
Personnel development 20000 18000 16000 14000 12000 10000 8000 6000 4000 2000 0 2006 2007 2008 2009 2010 Services Ship Power Power Plants Industrial Operations Administration 33 © Wärtsilä
Slide 34: Prospects for 2011
Prospects for 2011 Wärtsilä expects its net sales for 2011 to grow 3-5% and operational profitability (EBIT% before nonrecurring items) to be around 11%. 34 © Wärtsilä
Slide 35: WARTSILA.COM
WARTSILA.COM © WARTSILA