Wartsila Oyj Abp · OMXHEX:WRT1V
Wartsila Oyj Abp — Wärtsilä — Investor Presentation (2012)
34 slides from Wartsila Oyj Abp's investor presentation, 2012
Slide 1: Corporate Presentation 2012
CORPORATE PRESENTATION 2012 1 © Wärtsilä
Slide 2: Our roots and heritage
Our roots and heritage Passion for engines. 2 © Wärtsilä
Slide 3: Today we are much more than an engine company
Today we are much more than an engine company Passion for optimising lifecycle value for our customers with modern and sustainable power solutions. 3 © Wärtsilä
Slide 4: Our mission, vision, and values
Our mission, vision, and values MISSION We provide lifecycle power solutions to enhance the business of our customers, while creating better technologies that benefit both the customers and the environment. VISION We will be the most valued business partner of all our customers. VALUES ENERGY EXCELL
Slide 5: This is Wärtsilä
This is Wärtsilä POWER PLANTS SHIP POWER SERVICES 5 © Wärtsilä
Slide 6: This is what we bring to the market
This is what we bring to the market ENVIRONMENTAL FUEL EFFICIENCY SOLUTIONS FLEXIBILITY 6 © Wärtsilä
Slide 7: Our offering
Our offering Ship Power Services CUSTOMERS integrated solutions solutions Equipment Lifecycle sales Power Plants From spare solutions customised parts to solutions service agreements 7 © Wärtsilä
Slide 8: Financial highlights
Financial highlights MEUR 2011 2010 2009 2008 Order intake 4 516 4 005 3 291 5 573 Order book at the end of the 4 007 3 795 4 491 6 883 period Net sales 4 209 4 553 5 260 4 612 Operating result1 469 487 638 525 % of net sales1 11.1 10.7 12.1 11.4 Earnings/share, EUR 1.44 1.96 1.97 1.94 1 2009-2011 f
Slide 9: Net sales by market area
Net sales by market area MEUR 6000 5000 4000 3000 2000 1000 0 2008 2009 2010 2011 Asia Europe Americas Other 9 © Wärtsilä
Slide 10: Solid profitability
Solid profitability MEUR 800 16% 700 15% 600 14% 500 400 13% 300 12% 200 11% 100 0 10% 2008 2009 2010 2011 EBIT EBIT % EBITA % *) Operating result before nonrecurring restructuring items 10 © Wärtsilä
Slide 11: Power Plants: superior value to our customers
We provide superior value to our customers with our flexible, efficient and environmentally advanced energy solutions, which enable a transition to a more sustainable and modern energy infrastructure. 11 © Wärtsilä
Slide 12: Power Plants offering
Power Plants offering • We are a major supplier of flexible baseload power plants operating on various liquid and gaseous fuels • We provide unique, dynamic solutions for grid stability, reserve, peaking, load following and intermittent power generation • Our multi-fuel solutions for the oil & gas i
Slide 13: Market trends and drivers
Market trends and drivers • GDP growth, electrification and increasing standard of living drive the growth of electricity demand • Demand for sustainability and focus on climate change • Rapid growth of intermittent renewable generation • Increasing daily, weekly and seasonal demand fluctuation incr
Slide 14: Smart Power Generation – unique features
Smart Power Generation – unique features Energy efficiency Energy • Highest simple cycle electrical efficiency efficiency • High efficiency regardless of ambient conditions Operational flexibility • Unlimited, super fast, reliable • High plant efficiency over a wide starting and stopping with no loa
Slide 15: Smart Power Generation optimises energy systems
Smart Power Generation optimises energy systems In emerging markets, economic Affordable growth requires increasing investments in energy. In developed countries, the transition to solar and wind power brings daily variations that need to be balanced. Smart Power System Efficient and flexible Smart
Slide 16: Ship Power: optimising lifecycle value
We are passionate about optimising lifecycle value by offering what our customers need. We deliver on this promise because we provide the only true total offering of marine products, integrated solutions and services in the industry – worldwide. We help our customers find the shorter route to robust
Slide 17: Key trends and drivers
Key trends and drivers • High oil prices represent a risk for global economic growth; however, they also stimulate investments in exploration and production for oil and gas • Expansion of emerging economies continues to support growth of demand for transportation of raw materials and energy • Ship o
Slide 18: Ship Power's focus on growth
Ship Power’s focus on growth OUR STRATEGIC GOAL To be recognised as the leading solutions provider in the marine industry for: Gas and dual-fuel Environmental Efficiency solutions solutions LEADER IN OFFERING THROUGH • Lifecycle solutions for ship owners and operators • Enhanced system integration f
Slide 19: Increasing environmental regulation and alternatives for decreasing emissions
Increasing environmental regulation and alternatives for decreasing emissions NOx SOx PM GHG BALLAST- WATER Acid rains Acid rains Impact on air quality Global warming Damage to local Ozone depletion eco-systems Tier II (2011) 3.5% (2012) Along with SOx Under evaluation Global ballast Tier III in ECA
Slide 20: The only complete marine offering
The only complete marine offering Ship Design Service agreements Communication and control Flow & Gas Solutions Propulsion Environmental Automation Solutions Power drives Engines Seals & Power bearings distribution 20 © Wärtsilä
Slide 21: Services: preventing the unexpected
Preventing the unexpected and optimising our customers operations is our shared passion. We serve you whenever, wherever. We provide the broadest portfolio and best services in the industry for both shipping and power generation. We offer expertise, proximity and responsiveness for all customers reg
Slide 22: Our strategic goal
Our strategic goal We will: • Maximise our market share with our present customer base • Constantly develop our offering proposition with value-enhancing solutions • Grow by providing more service agreements with new Ship Power and Power Plants deliveries • Become our industry’s market leader in env
Slide 23: Current key market drivers
Current key market drivers • Growth of gas as a fuel in power generation and in shipping • Stricter environmental regulations • Increased focus on total cost of ownership • Accelerating technological development • High demand for expertise 23 © Wärtsilä
Slide 24: Improving lifecycle efficiency
Improving lifecycle efficiency Performance optimization Our customers are currently looking for longer-term efficiency increasing strategies to improve business efficiency and reducing operational expenses. Preventing the unexpected Reliable performance and risk management are identified as key need
Slide 25: Wide range of expertise
Wide range of expertise Electrical & Engine services Propulsion services Boiler services automation services Environmental Service agreements Service projects Training services services 25 © Wärtsilä
Slide 26: Wärtsilä Services global network
70 countries, 160 locations, 5000 field service experts Installed Wärtsilä Services global network base 180,000 MW Widest range of offering and expertise 26 © Wärtsilä
Slide 27: We provide market leading products
We provide market leading products 27 © Wärtsilä
Slide 28: Strategy and strengths
Strategy and strengths STRENGTH STRATEGY Leading Operational Flexible and agile technologies & products excellence operations Technology Competitive Manufacturing and Flexible and agile leadership product portfolio engineering expertise operations •High quality and •Broad portfolio •Best •Global pre
Slide 29: Key activities
Key activities Technology & product development Fundamental Technology Product Product Market research development development management Research and Development; Product management and Engineering A streamlined, broad and competitive Product delivery product portfolio Component Raw material Testin
Slide 30: Competitive product portfolio
Competitive product portfolio 4-stroke 2-stroke Gensets & Propellers Steerable Transverse Energy engines engines auxpacs FPP/CPP thrusters thrusters efficiency systems Frequency Propulsion Automation, I/O cabinets Switchboards Gears Fuel cells converters controls monitoring & control Flue gas Cataly
Slide 31: Clear leadership in dual-fuel applications
Clear leadership in dual-fuel applications POWER MERCHANT OFFSHORE CRUISE PLANTS AND FERRY DF Power plants LNG Carriers PSVs/FPSOs LNG ferries 51 installations • 108 vessels • 20 vessels • 4 engines 186 engines • 429 engines • 96 engines • Complete gas train Online since 1997 • Online since 19
Slide 32: Global manufacturing and R&D locations
Trondheim, Norway Aalborg, Denmark Moss, Norway Frequency converters Sveanehoij & pumps Oil & gas systems AS Vaasa, Finland Rubbestadneset, Norway Propulsion, gears, R&D 4-stroke engines, Ecotech, R&D Stord, Norway QMD (Qingdao, China) Electrical & automation systems 2-stroke engines Turku, Finland
Slide 33: Profitable growth by focusing on three areas
Profitable growth by focusing on three areas Smart Power Gas as a fuel Environmental Generation solutions The transition to Economic and Environmental regulation sustainable and modern environmental reasons and increased focus on energy systems drives the increase the growth optimised lifecycle dema
Slide 34: Passion for optimising lifecycle value with modern and sustainable power solutions
Passion for optimising lifecycle value with modern and sustainable power solutions. 34 © Wärtsilä