Siemens Energy Ag · XETR:ENR
Siemens Energy — Investor Day (2020)
19 slides from Siemens Energy's investor day presentation, 2020
Slide 1: Capital Market Day 2020 - Industrial Applications Section
Capital Market Day 2020 Industrial Applications Section Jochen Eickholt, Member of the Executive Board of Siemens Energy Siemens Energy is a registered trademark licensed by Siemens AG. © Siemens Energy, 2020
Slide 2: Notes and forward-looking statements (I)
Notes and forward-looking statements (I) This presentation and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell or a solicitation of an offer to buy or subscribe for any securities of Siemens AG or Siemens Energy AG. This prese
Slide 3: Notes and forward-looking statements (II)
Notes and forward-looking statements (II) This presentation contains forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the management of Siemens AG and Siemens Energy AG. Forward-looking statements involve known and unknown risk
Slide 4: Our Management Team
Our Management Team What we stand for Jochen Eickholt Member of the Executive Board Better performance through Operational Excellence CMD | J. Eickholt | Industrial Applications 4 2020-09-01 © Siemens Energy, 2020
Slide 5: Creating customer value across the value chain
Creating customer value across the value chain Order intake split 35% 15% 20% 30% Down- Mid- Industries Upstream stream stream Process Industries Unique, integrated R-EAD (Rotating – Electrical, Automation, Digitalization) portfolio Service: revenue share of 60% with >79 k installed fleet1 Service r
Slide 6: Strong presence beyond oil and gas
Strong presence beyond oil and gas Industries and Process Industries Upstream Distributed Generation (Service) Onshore and offshore drilling, conventional and Service of entire Siemens Energy distributed generation unconventional production and processing fleet across municipalities, IPPs, industria
Slide 7: Siemens Energy Industrial Applications by numbers
Siemens Energy Industrial Applications by numbers Siemens Energy total revenue (FY19) Key figures (FY19) €28.8 bn ~18% Share of Siemens Energy total €11 bn €6.8 bn revenue Order backlog Orders Industrial Applications total revenue (FY19)1 New Unit2 €5.1 bn ~17 k 40% Total revenue Employees €5.1 bn 6
Slide 8: Siemens Energy Industrial Applications Who we are
Siemens Energy Industrial Applications Who we are Leading market positions with diversified Positioning customer base across industries and regions Highly resilient and growing service business Service reinforced by strong partnerships with customers Leading innovations in additive manufacturing, In
Slide 9: Leading market positions across our offer spectrum
Leading market positions across our offer spectrum Products1 Solutions Service2 60% Rotating equipment Electrical, Automation, Digitalization Rotating Equipment and EAD Service • Small industrial and aeroderivative • EAD solutions for Onshore-, • Modernizations and upgrades gas turbines (SGT, AGT) O
Slide 10: Balanced business mix across customers, industries and geographies
Balanced business mix across customers, industries and geographies Order intake By customer volume1 By industry2 By region2 >5,000 customers Asia, Australia 80% Industries Upstream 17% 30% 35% 37% Middle East 10% Americas 15% 20% 36% 20% Europe, Downstream Midstream Africa Top 15 accounts 1 Order in
Slide 11: Our end markets are growing
Our end markets are growing • Global GDP growth drives demand in industrial Our addressable market (€ bn1) markets esp. chemicals, marine, fiber, air separation Industries • Increasing switch to gas facilitating growth in OPEX and CAPEX driven distributed generation services CAGR: 2.0% CAGR: • Decli
Slide 12: We are strongly positioned in all key regions
We are strongly positioned in all key regions Americas Europe, Africa Middle East Asia, Australia CAGR FY19-25 1.1% 1.5% 2.2% 3.7% 8.8 8.8 9.6 7.6 8.2 2.4 6.1 Addressed 2.1 market (€ bn) FY19 FY25 FY19 FY25 FY19 FY25 FY19 FY25 FY19 market #2 #2 #1 #2 position Project Rotating equipment FPSO Topsides
Slide 13: We run a highly resilient lifecycle business model
We run a highly resilient lifecycle business model Unique, integrated portfolio Long-term programs Long-lasting partnerships R-EAD Share of gas turbine LTPs in Number of customers with active total order backlog2 frame agreements2 Innovative, reliable and safe rotating equipment (e.g. turbines, comp
Slide 14: Strong track record and momentum in our service business
Strong track record and momentum in our service business Track record of growing and improving our service business 60% Service share of revenue Build-up of largest Service orders Service order backlog installed fleet via (€ bn) (€ bn) organic growth and buy-and-build CAGR: 3% CAGR: 14% • Full integ
Slide 15: Innovation leader in additive manufacturing, digitalization and decarbonization
Innovation leader in additive manufacturing, digitalization and decarbonization Additive Manufacturing Helping customers front runner Delivering on digitalization to decarbonize >1.2 m operating hours Topsides 4.0 Digital: SGT-800 upgrade of additive manufac- Improvement in delivers: turing parts in
Slide 16: Our innovations in action
Our innovations in action Differentiated value to our customers Gas turbine brownfield H2 co-firing turbine exchange BlueVault™ and DC power grid H2 in fuel mix ≤60% Electrical output +10% Diesel fuel 20% 1 CO2 reduction 6% Power plant CO2 17pp CO2 reduction 20% • Additive manufactured gas turbine b
Slide 17: Recent performance: Topline turnaround achieved, profitability addressed
Recent performance Topline turnaround achieved, profitability addressed Siemens Energy Industrial Applications Positive order backlog development Order backlog 9 9 11 10 supporting stable revenue trend (€ bn) Book-to-Bill 1.1x 1.2x 1.3x 1.3x 1.2x Maintaining strong Book-to-Bill levels Total revenue
Slide 18: Full focus on value generation
Full focus on value generation Profitability Growth Footprint Project excellence Portfolio Cost optimization • Service-led growth • Elimination of overca- • Project management • AGT – streamlining • Cost outs targeting • Growing share pacity and complexity excellence reducing offering1 SG&A efficien
Slide 19: We are ... Conclusion
Conclusion 1 Much more than oil and gas ~50% of order intake from Industries and Process industries We are ... 2 Market leaders across our spectrum #1 or #2 positions 3 A service powerhouse 60% of total revenue 4 An innovation leader Helping our customers to decarbonize 5 On a clear path to profitab