Sfs Group Ag · SIX:SFSN

Sfs — Investor Day (June 2022)

45 slides from Sfs's investor day presentation, Jun 14, 2022

  1. Slide 1: Value engineering specialist - SFS Investor Day 2022

    Value engineering specialist SFS Investor Day 2022 Nuremberg Germany, June 14, 2022

  2. Slide 2: Today's Speakers

    Today’s Speakers Welcome to the presentation and video webcast Jens Breu Iso Raunjak Martin Reichenecker Volker Dostmann Chief Executive Member of the Group Member of the Group Chief Financial Officer Executive Board Executive Board Officer SFS Investor Day 2022 | June 14, 2022 2

  3. Slide 3: Table of contents

    Table of contents 1. Positioning of SFS 1.00–1.10 pm Jens Breu 2. DIV Distribution & Logistics Switzerland 1.10–1.25 pm Iso Raunjak 3. DIV Distribution & Logistics International 1.25–1.50 pm Martin Reichenecker 4. Recap: Strategic rational of transaction 1.50–2.00 pm Jens Breu 5. Financial implicati

  4. Slide 4: Positioning of SFS

    Positioning of SFS SFS Investor Day 2022 | June 14, 2022 4

  5. Slide 5: We are by your side – 24/7

    Mission critical products for selected niche applications We are by your side – 24/7 SFS Investor Day 2022 | June 14, 2022 5

  6. Slide 6: SFS value proposition: Inventing success together

    SFS value proposition Inventing success together SFS Investor Day 2022 | June 14, 2022 6

  7. Slide 7: SFS value engineering: Creating customer benefit in three dimensions

    SFS value engineering Creating customer benefit in three dimensions Optimizing the product Improving the processes Advantage of digitization • Reduction of product complexity • Lower process cost for SFS and/or • Process automation • Lower cost due use of cold forming customer • Higher product avail

  8. Slide 8: Our focused business activities

    Our focused business activities Tailored solutions for selected niche applications SFS Investor Day 2022 | June 14, 2022 8

  9. Slide 9: Global sales & manufacturing platform

    Over 135 Global sales & manufacturing platform locations, in over 30 Customer proximity supported by local presence countries North America Europe Asia, others >35 Locations >85 Locations >15 Locations SFS Investor Day 2022 | June 14, 2022 9

  10. Slide 10: Our key ESG initiatives

    Our key ESG initiatives Creating value for all our stakeholders Environmental Reduce CO2 emissions by 90% until 2030 Renewable Energy Lean & Green Program Mobility and Transport Sustainable Value Chain Puchase and own production Efficient production, waste reduction Sales, Logistics, Employees Suppl

  11. Slide 11: Division Distribution & Logistics Switzerland

    Division Distribution & Logistics Switzerland SFS Investor Day 2022 | June 14, 2022 11

  12. Slide 12: Organizational structure

    Organizational structure Clear focus on end markets, high level of autonomy SFS Investor Day 2022 | June 14, 2022 12

  13. Slide 13: Vision und Mission: Supply Chain Professionals

    Vision und Mission Supply Chain Professionals Vision Mission We are the Supply Chain Professionals for tools, For Industry, Craftsmen and Retail we are the most reliable fasteners, building materials and fittings. We deliver: fast, supplier and service partner for the Swiss market. With simple and r

  14. Slide 14: Your supply chain professional: fast, simple, reliable

    Your supply chain profi... We deliver: fast, simple and reliable! Specific solutions for selected assortments… … and for all needs the appropriate access. Tools/PSE Fastening Systems Direct sales eShop Architectural Hardware Construction Support Craftsman shops Connectivity/Marketplace SFS Investor

  15. Slide 15: Your supply chain professional: innovative services

    Your supply chain profi... We deliver: fast, simple and reliable! With innovative services... ...adding values for our customers. Efficient logistics Digitization Management systems Merchandising SFS Investor Day 2022 | June 14, 2022 15

  16. Slide 16: Reference Cases

    Reference Cases Creating sustainable benefit in the three dimensions Gotthard tunnel Light installation with Veriset AG Stadler Rail • 40,000 threaded rods supplied for • Installs of about 33,000 lights in • Supply of full Industry & Metal fixing overhead contact line kitchens per year portfolio • T

  17. Slide 17: Division Distribution & Logistics International

    Division Distribution & Logistics International SFS Investor Day 2022 | June 14, 2022 17

  18. Slide 18: Hoffmann Group history and milestones

    1936 1932 1973 The first Hoffmann Franz Hoffmann Introduction of the GARANT brand joins the company catalogue as a „clever alternative“ for machining 1919 Founding of J. Hoffmann K.G. Qualitätswerkzeuge in Munich by Josef Hoffmann. 2000 Start of the eBusiness age: products are now also available onl

  19. Slide 19: Europe's No. 1, there for you throughout the world

    NO MATTER WHERE. NO MATTER WHEN. WE ARE THERE FOR YOU. Europe‘s No. 1, there for you, throughout the world.  1 bn revenue in 2021, 10-yrs. CAGR of ~7%.  135,000 satisfied customers.  3,000 HSE employees.  Global presence - on the spot in more than 50 countries. Endmarket Sales split (2021, indic

  20. Slide 20: Consulting, testing, engineering – we take it personal

    CONSULTING, TESTING, ENGINEERING – WE TAKE IT PERSONAL About 1,400 technical advisors and specialists – always at your side.  Field application engineers  Workstations and Storage technical advisors  Personal protective equipment advisors  Metrology and grinding specialists  eBusiness experts 

  21. Slide 21: Simply everything from one source

    SIMPLY EVERYTHING FROM ONE SOURCE. We cover the 20m around the industrial workplace DIGITALIZATION IN PERSONAL CONSULTING MANUFACTURING SERVICES AND E-BUSINESS AUTOMATION MACHINING AND PERSONAL PROTECTIVE CLAMPING TECHNOLOGY EQUIPMENT HAND AND WORKSTATIONS AND STORAGE AND MEASURING TOOLS GOODS ISSUI

  22. Slide 22: Selected top assortment for our customers

    SELECTED TOP ASSORTMENT FOR OUR CUSTOMERS. The quality tool you cannot find here, you will not find anywhere.  GARANT system brand. HOLEX quality brand.  More than 100,000 catalogue items immediately available.  500 brands from leading manufacturers.  500,000 items listed. 500 of the world's  A

  23. Slide 23: Brand architecture

    BRAND ARCHITECTURE Hoffmann Group | GARANT | HOLEX Pioneering simplicity. Simply personal. My tool. Absolutely straightforward. My system. Strikingly clever. 15.06.2022 23

  24. Slide 24: GARANT: we start by making our tools perfect

    WE START BY MAKING OUR TOOLS  More than 45,000 GARANT top quality products. PERFECT. THEN WE SEE HOW  Successful for almost 50 years. WE CAN IMPROVE THEM. ► GARANT Brand spot 2021 Industrial Tooling and Equipment by Hoffmann Group 15.06.2022 24

  25. Slide 25: HOLEX: for those who want to get on with the job

    FOR ALL THOSE WHO SIMPLY WANT TO GET ON WITH THE JOB.  Rocksolid and proven: Industrial quality for everyday use.  Really clever: Convincing good price and convincing good performance.  A broad range: More than 14,000 tools for standard applications.  Focus on functionality: Exactly the products

  26. Slide 26: 99% delivery capacity: LogisticCity

    99% DELIVERY CAPACITY. NOBODY'S PERFECT. LogisticCity: the world's most efficient center for tool logistics.  60,000 items/day.  Zero error strategy.  Within 24hrs in Germany, 48hrs throughout Europe.  Dedicated workstations and storage centre. 15.06.2022 26

  27. Slide 27: We value delivery availability

    WE VALUE DELIVERY AVAILABILITY. AND THAT‘S WHY WE BUILD LIKE IT. New building LogisticCity in Nuremberg  The most powerful tool logistics system in the world  More than 100,000 sqm logistics area (approx. 25 football pitches)  Capacity up to 40,000 parcels / day 15.06.2022 27

  28. Slide 28: Intelligent services: from us for our customers

    INTELLIGENT SERVICES: FROM US – FOR OUR CUSTOMERS. Calibration service eTool In-production measuring technology Uniform tool data for accurate machining results. for CAD / CAM systems. Planning of workstations ToolScout and storage Intelligent tool selection and determination of technology data. Ind

  29. Slide 29: Digital tools: eShop, eCatalog, ToolScout

    WE EVEN TURN FINGER AND MOUSE INTO HIGHLY EFFICIENT TOOLS.  eShop: Order quickly and securely.  eCatalog: Available in 18 languages.  Simple System: The procurement marketplace for C-parts with around 700 suppliers.  ToolScout: Quick application-related tool selection.  Apps: Calculators for hi

  30. Slide 30: Joint future with SFS

    JOINT FUTURE WITH SFS Quite some room for synergies Cross-Selling Assortments, customers, industries Possible value-add for customers Supply Chain Best Practice exchange Logistics, Procurement 15.06.2022 30

  31. Slide 31: Recap: Strategic rationale of transaction

    Recap: Strategic rational of transaction SFS Investor Day 2022 | June 14, 2022 31

  32. Slide 32: Strong competences from a single source

    Strong Competences from a Single Source Aiming for a long-term, leading global position Product categories Locations, distribution and release systems Fastening technology eShop Control and optimization of the information and Consumable tools material flow for Logistics systems customers Workshop eq

  33. Slide 33: Overview key growth and synergy potentials

    Overview key Growth and Synergy Potentials Both divisions of D&L segment will benefit Realize Cross- synergies Know-how selling in supply exchange chain • Tools • Procurement Development of improved • Fastening systems • Logistics products and services • Supply chain solutions • Transportation SFS I

  34. Slide 34: Financial implications

    Financial implications SFS Investor Day 2022 | June 14, 2022 34

  35. Slide 35: Financing from a strong position

    Financing from a Strong Position Own funds | capital increase ~ 4% | debt capital • Capital increase and refinancing of transaction: • 1,400,000 new shares issued (total number of shares outstanding new 38,900,000) • In total 1,600,000 shares part of purchase price payment • Issued two listed bonds

  36. Slide 36: Placement of Bonds: Transaction summary

    Placement of Bonds: Transaction summary Two listed Bonds with total volume of CHF 400 million Issuer SFS Group AG, Heerbrugg Issue/Status Domestic public fixed rate bond Current ratings BBB+ (ZKB/CS) Currency/Amount CHF 400 million Maturity Dual tranche, 250m 3 yrs/150m 5 yrs Joint Lead Managers ZKB

  37. Slide 37: Target balance sheet after transaction – Indicative

    Target balance sheet after transaction – Indicative Equity ratio remains >50% Situation after transaction Assets Liabilities Trade payab. • Equity Ratio >50% Cash >10% Other c. liab. • Net Debt/EBITDA <1.5x Receivables • Updated guidance see separate slide Other n-c. liab. • Unused credit lines >200

  38. Slide 38: Breakdown of Sales (Pro Forma 2021)

    Breakdown of Sales (Pro Forma 2021) D&L and Europe are gaining in significance Sales by segment Sales by region ~15% ~18% ~46% ~34% ~21% ~18% ~13% ~16% Before After Before After transaction transaction transaction transaction ~30% ~52% ~20% ~21% ~40% ~56% ■ Switzerland ■ EC ■ Europe ■ FS ■ Americas

  39. Slide 39: Guidance FY2022

    Guidance FY2022 SFS and Hoffmann (8 months of consolidation) 2021A 2022G: 2022G: Initial Updated May 12 (w/o Hoffmann) Gross sales SFS stand-alone CHF 1,893 m Growth 3–6% Growth 3–6% (in local currencies) Sales impact from 8 months + ca. CHF 720–770 m consolidation of Hoffmann EBIT margin SFS stand-

  40. Slide 40: Q&A

    Q&A SFS Investor Day 2022 | June 14, 2022 40

  41. Slide 41: Today's Speakers - Q&A

    Today’s Speakers Welcome to the Q&A Jens Breu Iso Raunjak Martin Reichenecker Volker Dostmann Chief Executive Member of the Group Member of the Group Chief Financial Officer Executive Board Executive Board Officer SFS Investor Day 2022 | June 14, 2022 41

  42. Slide 42: Our IR agenda for FY2022

    Our IR agenda for FY2022 Highlights 2022 • Detailed information on 1H 2022: IR Contact: August 26, 2022 investor.relations@sfs.com • Investor Day II, Heerbrugg (CH) September 15, 2022 SFS Investor Day 2022 | June 14, 2022 42

  43. Slide 43: Thank you for your attention

    Thank you for your attention SFS Investor Day 2022 | June 14, 2022 43

  44. Slide 44: SFS Investor Day 2022 | June 14, 2022

    SFS Investor Day 2022 | June 14, 2022 44

  45. Slide 45: Disclaimer

    Disclaimer This presentation includes forward looking statements. These statements reflect the SFS Group's current assessment of market conditions and future events. The statements are therefore subject to risks, uncertainties and assumptions. Unforeseen events may lead to deviations of the actual r

SFS Group — Investor Day (June 2022) on 6ix