Trelleborg Ab Class B · OMXSTO:TREL_B
Trelleborg Ab Class B — Investor Day (2014)
27 slides from Trelleborg Ab Class B's investor day presentation, Jul 8, 2014
Slide 1: Trelleborg
TAMA ene TRELLEBORG
Slide 2: Trelleborg Capital Markets Day 2014
Trelleborg Capital Markets Day 2014 Update on TrelleborgVibracoustic
Slide 3: Successful integration
Successful integration Stand-alone company Global organization established Successful integration Stand-alone financing Solid performance 3
Slide 4: All focus on operational excellence
All focus on operational excellence Development according to plan Operational excellence and footprint optimization Integration benefits according to plan Cooperation with Freudenberg works well – agenda going forward aligned Guest speaker today is Hans-Jürgen Goslar, CEO TrelleborgVibracoustic 4
Slide 5: Trelleborg Capital Markets Day 2014
Trelleborg Capital Markets Day 2014 Update on TrelleborgVibracoustic Hans-Jürgen Goslar, CEO TrelleborgVibracoustic
Slide 6: Agenda
Agenda 1 Introducing TrelleborgVibracoustic 2 Tackling a challenging market 3 Gearing up for growth in 2013 and beyond 6 Agenda © TrelleborgVibracoustic, Capital Markets Day 2014
Slide 7: TrelleborgVibracoustic: Taking the lead in AVS
TrelleborgVibracoustic: Taking the lead in AVS Top global supplier of automotive anti-vibration solutions Joint Venture founded in 2012 Market leader with 16% global market share Approximately EUR 1.7bn in sales >10,000 employees, 32 production sites, 6 R&D centres in 18 countries Servin
Slide 8: Anti-vibration solutions are essential to ensure comfort, safety and durability
Anti-vibration solutions are essential to ensure comfort, safety and durability in vehicle systems Anti-vibration solutions… ▼ provide a damping and spring function ▼ prevent the engine mass from shifting, thus improve vehicle ride, handling and safety ▼ prevent noise transfer through the vehicle’s
Slide 9: TrelleborgVibracoustic AVS solutions in action
TrelleborgVibracoustic AVS solutions in action 9 Introducing TrelleborgVibracoustic © TrelleborgVibracoustic, Capital Markets Day 2014
Slide 10: Highlight products in recent model launches
Highlight products in recent model launches BMW 4-series Range Rover Sport Porsche Macan Hydro engine mounts World’s strongest hydro bushings First air suspension compact SUV © OEM/TBVC 10 Introducing TrelleborgVibracoustic © TrelleborgVibracoustic, Capital Markets Day 2014
Slide 11: Offering the broadest AVS product range
Offering the broadest AVS product range Engine Mounts Chassis Mounts Air Springs 30% 40% 10% Torsional Vibration Dampers Isolators & Dampers Micro Cellular Urethane 10% 10% <5% Note: Percentages represent BA’s approximate share in 2013 sales 11 Introducing TrelleborgVibracoustic © TrelleborgVibracou
Slide 12: Ahead of competition: most comprehensive product portfolio in AVS
Ahead of competition: most comprehensive product portfolio in AVS Chassis Engine Isolators & Air Springs MCU TVD Mounts Mounts Dampers 12 Introducing TrelleborgVibracoustic © TrelleborgVibracoustic, Capital Markets Day 2014
Slide 13: Unique global footprint as competitive edge
Unique global footprint as competitive edge Darmstadt, DE Forsheda, SE Hamburg, DE Zavolzhye, RU Weinheim, DE Breuberg, DE Neuenburg, DE Środa Śląska I+II, PL South Haven, MI Sandusky, MI Nantes, FR Dej, RO Yantai, CN Daegu, KR Benton Harbor, MI Manchester, NH Burgos, ES Martorell, ES Çerkezköy, TR
Slide 14: A solid customer base serving all top OEMs
A solid customer base saving all top OEMs All customers (total sales approx. EUR 1.7 bn) Trucks VW Other Ford Tata Fiat Renault- Nissan GM BMW Mercedes Note: As of 2013 14 Introducing TrelleborgVibracoustic © TrelleborgVibracoustic, Capital Markets Day 2014
Slide 15: TrelleborgVibracoustic is number 1 in the automotive AVS market
TrelleborgVibracoustic is number 1 in the automotive AVS market TBVC 16% Others 38% Tokai 15% Bridgestone 6% CSA Toyo Contitech 2% EKT 4% 6% 2% Paulstra Yamashita ZF-Boge 3% 3% 5% Notes: 1) Shares based on estimated sales 2013; 2) ZF Boge has been acquired by Chinese competitor TMT 15 Introducing Tr
Slide 16: Various factors influencing the automotive market
Various factors influencing the automotive market Solid growth for automotive production expected, regional markets will perform differently OEMs’ platform strategy opens opportunities for suppliers with global R&D and production footprint Technological trends focus on greener solutions Market Trend
Slide 17: Solid growth potential in the automotive market
Solid growth potential in the automotive market CAGR 2013-2018 for produced vehicles of 4.9% +27% 109.5 Trucks (in m units) 107.0 3.7 Cars (in m units) 3.5 102.4 3.3 96.8 3.1 91.5 2.9 86.2 2.7 103.5 105.8 99.1 93.7 88.6 83.6 2013 2014 2015 2016 2017 2018 Source: LMC (formerly J.D. Power) as used in
Slide 18: 2013 Milestones: Successful integration and strong, stand-alone organization
2013 Milestones: Successful integration and strong, stand-alone organization Stand-alone financing TrelleborgVibracoustic headquarter Full operative matrix organization in place Consolidation of Joint Ventures Among top 100 global automotive suppliers1) Notes: 1) Source: Automotive News 18 Gearing u
Slide 19: Restructuring projects and footprint optimization
Restructuring projects and footprint optimization Admin Consolidation (US) Germany South & North Consolidation tech centers & America relocation of production Optimization to come Sweden France Focused factory concept Focused factory concept Relocation of production Relocation of production 2014 and
Slide 20: Expansion projects
Expansion projects China Thailand Construction of new plant Building additional capacity for global OEMs China Construction of new plant 2014 and 2012 2013 beyond Romania China Capacity expansion Business case for additional plant currently under review 20 Gearing up for growth in 2013 and beyond ©
Slide 21: Joint Venture for commercial vehicle air springs
Joint Venture for commercial vehicle air springs: Improved impact on an attractive market ▼ TrelleborgVibracoustic owns 50.1% of the dedicated commercial JV founded in June 2013 ▼ Broadest range of commercial vehicle air springs ▼ Improved stronghold on high margin Independent Aftermarket For premiu
Slide 22: TrelleborgVibracoustic had a successful 2013 and Q1 2014
TrelleborgVibracoustic had a successful 2013 and Q1 2014 Item1) 2012 2013 Q4 2013 Q1 2014 Sales 1,633 €m 1,713 €m 419 €m 447 €m Operating 99 €m 125 €m 35 €m 39 €m Profit EBIT Margin 6.0% 7.3% 8.2% 8.6% Operating n.a. 97 €m 37 €m 21 €m Cash Flow Source: Trelleborg AB Fourth Quarter and Year-End Repor
Slide 23: Strategic priorities
Strategic priorities Sustainable, profitable growth Solutions Excellence Expansion ▼ New and improved ▼ Efficiency ▼ Asia products improvement ▼ Commercial vehicles ▼ New and innovative ▼ Footprint ▼ Existing products processes optimization ▼ Broaden product ▼ New material ▼ Material cost scope solu
Slide 24: Outlook: Growing faster than the automotive market
Outlook: Growing faster than the automotive market TrelleborgVibracoustic well Significantly better than positioned to outgrow the market market performance Unique global footprint and leveraging synergies will ensure attractive returns Present on 19 of the 20 global top OEM platforms CAGR Str
Slide 25: Summary of achievements and the way forward
Summary of achievements and the way forward Solid financial performance Successful integration and realization of synergies Leading position in AVS market supported by consistent expansion in growth markets Outstanding system expertise and excellent reputation as AVS supplier of choice Unique global
Slide 26: Gearing up for growth
Gearing up for growth Wi TrelleborgVibracoustic
Slide 27: Trelleborg
%;" Loaner oT TRELLEBORG