Andritz Ag · VIE:ANDR
Andritz — Investor Day (January 2024)
29 slides from Andritz's investor day presentation, Jan 24, 2024
Slide 1: Andritz Capital Markets Day: Metals
ANDRITZ CAPITAL MARKETS DAY METALS JOACHIM SCHÖNBECK PRESIDENT & CEO JANUARY 24, 2024
Slide 2: Agenda: Introduction
AGENDA 1 INTRODUCTION 2 / ANDRITZ METALS / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 3: Industries We Serve
INDUSTRIES WE SERVE METALS PROCESSING METALS FORMING COLD ROLLING & STRIP PROCESSING COLD FORMING COLD FORMING HOT FORMING BATTERY LINES FINISHING Cold rolling mills in 2-high, Processing lines and strip Press lines, single presses, Ring and wheel rollers, hot Turnkey production equipment 4-high, 6-
Slide 4: Around 6,000 Employees Working for Business Area Metals
AROUND 6,000 EMPLOYEES WORKING FOR BUSINESS AREA METALS RoW China 0.7% 21.2% Mexico 1.2% 48.7% Germany Brasilien 7.7% 9.8% USA 10.7% Europe w/o Germany 4 / ANDRITZ METALS / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 5: Strong Demand for METRIS Solutions
STRONG DEMAND FOR METRIS SOLUTIONS ASSET OPTIMIZATION PROCESS OPTIMIZATION PLANT MANAGEMENT PURPOSE Maximize productivity Maximize process Maximize operations and assets availability performance efficiency CLOUD SOLUTIONS/ VISUAL DIE TRACK & EDGE CONNECTIVITY PROTECTION TRACE Cloud solutions are sta
Slide 6: Agenda: Our Sustainable Products
AGENDA 2 O U R S U S TAI N AB L E P R O D U C T S 6 / ANDRITZ METALS / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 7: Sustainable Solutions Reduce the Carbon Footprint
METALS SUSTAINABLE SOLUTIONS REDUCE THE CARBON FOOTPRINT METALS PROCESSING METALS FORMING COLD ROLLING & STRIP PROCESSING COLD FORMING HOT FORMING BATTERY LINES FINISHING COLD ROLLING & FINISHING Rolling Mills for GO/NGO Acid Regeneration Plants for Hydraulic presses, press lines Hot stampin
Slide 8: Agenda: Review CMD 2021
AGENDA 3 REVIEW CMD 2021 8 / ANDRITZ METALS / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 9: Forming: Restructuring Program Successfully Completed
METALS FORMING: RESTRUCTURING PROGRAM SUCCESSFULLY COMPLETED What did we promise / What have we achieved? TARGET STATUS Spin-off of Business Unit Body Panel Achieved Closure of PTW Weingarten Achieved Downsizing of AWEBA / WVL Achieved Reorganization of Hydraulic Achieved Streamlining of divisions a
Slide 10: Forming: Personnel Cost Savings of 71 MEUR Achieved
METALS FORMING: PERSONNEL COST SAVINGS OF 71 MEUR ACHIEVED Personnel Measures 6,226 214 5,946 66 Downsizing Germany -280 -1,668 621 Downsizing abroad 159 5,166 -780 493 4,664 37 4,558 9 4,521 -502 28 115 18 19 -143 ACT 2018 ACT 2019 ACT 2020 ACT 2021 ACT 2022* ACT Sept 2023* *without acquisition of
Slide 11: Processing: Strengthened Our Market Position
METALS PROCESSING: STRENGTHENED OUR MARKET POSITION What did we promise / What have we achieved? TARGET STATUS Stabilized business volume at 700 MEUR Achieved Continued strong market position in solutions for annealing and galvanizing of AHSS steel grades (Advanced High Strength Steel) Achieved Stre
Slide 12: Agenda: Market Development / Frame Conditions
AGENDA 4 M AR K E T D E V E L O P M E N T / F R AM E C O N D I T I O N S 12 / ANDRITZ METALS / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 13: Forming: Global Market Outlook
METALS FORMING: GLOBAL MARKET OUTLOOK AUTOMOTIVE E-MOBILITY BATTERY NON-AUTOMOTIVE INDUSTRY INDUSTRY Underlying mid-term 2% 15% 20-25% 2% market growth Current strong regional USA, Europe, China Europe, USA, China Europe, USA USA, Europe, Asia markets Special growth Global megatrend towards New appl
Slide 14: Forming: Strong Increase in Global Sales of Battery Electric Vehicles Expected
METALS FORMING: STRONG INCREASE IN GLOBAL SALES OF BATTERY ELECTRIC VEHICLE EXPECTED In million cars + light trucks GLOBAL LIGHT VEHICLE PRODUCTION GLOBAL SALES OF BATTERY ELECTRIC VEHICLE +2% 100.6 16% 40.8 88.5 87.7 90.9 76.6 81.9 74.3 19.4 14.3 10.8 6.7 2.3 3.2 2019 2020 2021 2022 2023e 2024e 203
Slide 15: Forming: Global Demand for Batteries for Electric Vehicles Expands
METALS FORMING: GLOBAL DEMAND FOR BATTERIES FOR ELECTRIC VEHICLES EXPANDS Realistic Scenario; in GWh China Europe USA/Canada RoW By 2030, around 40% of all light vehicles will have a BEV TOP-5 Players platform. Global demand for batteries for electric vehicles is expected to rise to 4.3 TWh by 2030.
Slide 16: Forming: Successful Milestones Achieved in Battery Division
METALS FORMING: SUCCESSFUL MILESTONES ACHIEVED IN BATTERY DIVISION Strategically important order intakes in the division battery: • Fraunhofer FFB Münster: Cell assembly pilot line for large-format Lithium-Ion pouch cells. Order intake 10/2022 • German OEM: Cell assembly pilot line for innovative Al
Slide 17: Metals Processing: Market Growth in Niches and Some Regions
METALS PROCESSING Market growth in niches and some regions CARBON STEEL INCL. STAINLESS STEEL ALUMINIUM WELDING STAMPING ELECTRICAL STEEL (GO/NGO) Mid-term market growth 2% for C-steel, 3% 4% 4% 2% 2-3% for GO/NGO (low growth in weight but demand for more lines due to lower thickness) Current strong
Slide 18: Agenda: Strategic Direction
AGENDA 5 S T R AT E G I C D I R E C T I O N 18 / ANDRITZ METALS / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 19: Forming: CORE Is Our Strategy to Succeed
METALS FORMING: CORE IS OUR STRATEGY TO SUCCEED 19 / ANDRITZ METALS / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 20: Metals: Our Key Challenges Are in Focus with Combined Efforts
METALS: OUR KEY CHALLENGES ARE IN FOCUS WITH COMBINED EFFORTS 20 / ANDRITZ METALS / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 21: Metals: Focus on Improve Profitability and Press Business & New Markets
METALS: FOCUS ON “IMPROVE PROFITABILITY” AND “PRESS BUSINESS & NEW MARKETS” Improve Press Business & Profitability New Markets Adaptation of the Get Turnkey-Supplier for Introduction of modular Strengthening product portfolio and Battery Cell Assembly system for products high- margin Service technic
Slide 22: Agenda: Financials
AGENDA 6 F I N AN C I AL S 22 / ANDRITZ METALS / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 23: Order Intake
ORDER INTAKE IN MEUR 2,072 2,009 1,932 1,779 1,582 1,277 1,255 1,318 1,144 1,109 Metals Forming 1,091 Metals Processing 867 691 795 677 670 491 277 2018 2019 2020 * 2021 2022 last 4 quarters * COVID-19 23 / ANDRITZ METALS / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 24: Metals Financial Development
METALS FINANCIAL DEVELOPMENT FINANCIAL OVERVIEW REVENUE BY SEGMENT in MEUR 2018 2019 2020 2021 2022 last 4Q Order Intake 1,932 1,582 1,144 1,779 2,009 2,072 1,203 Order backlog (as of end of period) 1,592 1,533 1,182 1,542 1,938 2,201 1,087 Revenue 1,635 1,637 1,421 1,366 1,621 1,836 Metals 928 Form
Slide 25: Financial Targets & Ambitions
FINANCIAL TARGETS & AMBITIONS Revenue (in MEUR) EBITA margin (in %) Growth ambition: CAGR >5% 1,836 Target 1,635 1,637 1,621 6-8% 1,421 1,366 4.7 3.9 2.8 1.7 2018 2019 2020 2021 2022 Last 4Q 2026 2018 2019 2020 2021 2022 Last 4Q -3.3 -4.5 25 / ANDRITZ METALS / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 26: Agenda: Outlook
AGENDA 7 OUTLOOK 26 / ANDRITZ METALS / CAPITAL MARKETS DAY, JANUARY 24, 2024
Slide 27: Positive Outlook for Metals
POSITIVE OUTLOOK FOR METALS High quality products with leading technology differentiate Metals from MARKET POSITION competitors Promising market opportunities in battery business and new products and GROWTH DRIVER solutions with focus on environment and energy saving create new potential, service bu
Slide 28: Questions?
QUESTIONS?
Slide 29: Legal Disclaimer
LEGAL DISCLAIMER © ANDRITZ AG 2024 This presentation contains valuable, proprietary property belonging to ANDRITZ AG or its affiliates (“the ANDRITZ GROUP”), and no licenses or other intellectual property rights are granted herein, nor shall the contents of this presentation form part of any sales c