James Hardie Industries Plc. · NYSE:JHX
James Hardie Industries — Investor Day (September 2019)
10 slides from James Hardie Industries's investor day presentation, Sep 12, 2019
Slide 1: Profitable Growth in Europe and in Asia Pacific
Exhibit 99.2 Profitable Growth in Europe and in Asia Pacific Jack Truong, CEO 1
Slide 2: Cautionary Note on Forward-Looking Statements
CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS This Management Presentation contains forward-looking statements. James Hardie Industries plc (the “Company”) may from time to time make forward-looking statements in its periodic reports filed with or furnished to the Securities and Exchange Commission,
Slide 3: Cautionary Note on Forward-Looking Statements (continued)
CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS (continued) Words such as “believe,” “anticipate,” “plan,” “expect,” “intend,” “target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “aim,” “will,” “should,” “likely,” “continue,” “may,” “objective,” “outlook” and similar expressions are i
Slide 4: Europe is Our Most Compelling Region for Geographic Expansion
Europe is Our Most Compelling Region for Geographic Expansion… …However, We Struggled to Gain Traction, prior to Fermacell Acquisition $50,000 JH Presence pre- 2018 $41 $45,000 Strong USA/Canada Aus / NZ, Weak $326 $40,000 None Europe, $35,000 400 $30,000 ANZ Western Europe $25,000 Northeast Asia (J
Slide 5: Transforming European Business with Fermacell Acquisition
Transforming European Business with Fermacell Acquisition Before Day 1 After Day 1 Revenue • ~€30 MM • ~€300 MM Market • UK, FR, DK, DE • 12+ countries Coverage • Fiber Gypsum Products • Niche Fiber Cement • Cement Bonded (US products) • Capability to Develop Fiber Cement Products for European Marke
Slide 6: We Are an Organic Growth Company with Global Reach
We Are an Organic Growth Company with Global Reach… EUROPE Net Sales $368MM EBIT $10MM EBIT % 2.7% # Employees 1,000 EBIT included Integration costs ASIA PACIFIC NORTH AMERICA Net Sales $447MM Net Sales $1,677MM EBIT $100MM EBIT $388MM EBIT % 22.3% EBIT % 23.1% # Employees 1,100 # Employees 2,700 FY
Slide 7: We Have Clear Objectives for Long Term Value Creation
We Have Clear Objectives for Long Term Value Creation Growth Above Market with Strong Returns EUROPE BILLION EBIT €1REVENUE with 20% MARGIN NORTH AMERICA EBIT 35/90 with 20-25% MARGIN ASIA PACIFIC DELIVER EBIT GROWTH with 20-25% MARGIN 7 ABOVE MARKET
Slide 8: EUROPE: €1B Revenue at 20% EBIT Margin by FY2029
EUROPE: €1B Revenue at 20% EBIT Margin by FY2029 Growth Pathway €1B European Manufacturing Footprint New Fiber Cement Existing Fiber Cement €320MM Fiber Gypsum Unlocking Plant Capacity to Improve Margin + ~200-300 bps margin improvement + ~200 bps margin improvement 8
Slide 9: APAC: 3-5% Growth Above Market at 20-25% EBIT Margin
APAC: 3-5% Growth Above Market at 20-25% EBIT Margin FROM: TO: Consumer Survey: Cladding Preference (June 2018, n = 6,500, JH Insights) 9
Slide 10: James Hardie Sustainability Highlights
James Hardie Sustainability Highlights Zero to Landfill Zero Harm Culture Manufacturing process produces zero landfill waste Commitment to providing a safe and healthy in Fiber Gypsum Plants working environment for every individual (employee, vendor, and visitor) 100% Recycled Fibers 100% of fibers
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