Compagnie De Saint-gobain Sa · EURONEXT:SGO
Compagnie De Saint-gobain Sa — Saint-Gobain — Investor Day (November 2023)
18 slides from Compagnie De Saint-gobain Sa's investor day presentation, Nov 13, 2023
Slide 1: Saint-Gobain France Site Visits
SAINT-GOBAIN FRANCE SITE VISITS NOVEMBER 13-14, 2023 Benoit BAZIN Chief Executive Officer
Slide 2: Now 2/3 of Group operating income
Now 2/3 of Group operating income North America, Asia & Emerging Countries Construction Chemicals September 2023 – Site visit in the United States Focus on Construction Chemicals in today’s program €7.3bn spent in acquisitions in North America, Asia & Emerging Countries and Construction Chemicals si
Slide 3: Delivering consistently strong performance
We have delivered a successful 01 strategic transformation We have positioned ourselves on 02 growing global trends DELIVERING CONSISTENTLY STRONG PERFORMANCE We are building a growth platform in 03 Construction Chemicals 3 FRANCE SITE VISITS | NOVEMBER 2023
Slide 4: A lean organization with local empowerment
A lean organization 90% of CEOs native to their country with local empowerment In-depth understanding of local markets Rapid-decision making Value-creation driven decisions aligned with local performance Solutions-based approach with the development of a full range offer in each country Consistent d
Slide 5: A balanced geographical exposure
Since Last 12 transformation A balanced geographical exposure months1 Continued dynamic investment Share of Group operating income of growth capex allocated in North 30% North America 2/3 America, Asia & emerging countries Asia & emerging 18% 32% x2 countries New lines and plants in North 24% in € +
Slide 6: Dynamic optimization of Group profile
Since Last 12 transformation 1/3 of sales rotated1 months2 Dynamic optimization of Group profile €2.0bn (JV in Turkey) ~20% EBITDA / Sales CRYSTALS STEEL CERAMICS €3.4bn DISTRIBUTION IN <5% POLAND AND DENMARK (France, Portugal, Switzerland, Slovakia) EBITDA / Sales 1. Transactions completed or signe
Slide 7: Delivering consistently strong performance
DYNAMIC EXCELLENT OPERATING RECURRING NET FREE CASH FLOW VALUE CREATION SALES GROWTH INCOME MARGIN INCOME DOUBLED GENERATION TRIPLED (ROCE) UP 50% +270 +540 +23% x2 x3 bp bp €51.2bn €41.8bn €5.3bn 16.1% €3.8bn €3.3bn €3.2bn 10.7% €1.7bn €1.2bn 7.7% 10.4% 7.7% 10.4% 2018 2022 2018 2022 2018 2022 2018
Slide 8: Delivering consistently strong performance
We have delivered a successful 01 strategic transformation We have positioned ourselves on 02 growing global trends DELIVERING CONSISTENTLY STRONG PERFORMANCE We are building a growth platform in 03 Construction Chemicals 8 FRANCE SITE VISITS | NOVEMBER 2023
Slide 9: Global trends in construction
40% of global CO2 emissions linked to construction Energy-efficient renovation x3 increase in natural resource consumption in the last 50 years Light construction +2 billion urban population in emerging markets Industry & Construction in the next 30 years decarbonization Sources: World Green Buildin
Slide 10: Strong structural drivers for renovation in Europe
Strong structural drivers for Strong regulatory support for A demonstrated resilience renovation in Europe renovation with increased subsidies RESIDENTIAL RENOVATION Awareness of the need for energy European residential renovation renovation across EU households MaPrimeRénov’ – x2 in 2024 vs. market
Slide 11: Increased adoption of light construction
Increased adoption of light construction Structural needs for new build are well documented in all geographies Netherlands 0.3 Housing shortage Germany 0.4 (million units) United Kingdom 1.2 Documented structural housing shortages Canada 1.8 embedded carbon1 in many countries Poland 2.2 US 3.8 India
Slide 12: Added value and pricing power
x10 Frame Aluminum frame Glass wool insulation Glass wool insulation x50 Added value and Vinyl or wood siding BIPV pricing power Ventilated façade Building integrated photovoltaic façade Solutions for light & Solutions for ©Krook & Tjäder sustainable construction global renovation Habitat 7, Sweden
Slide 13: Delivering consistently strong performance
We have delivered a successful 01 strategic transformation We have positioned ourselves on 02 growing global trends DELIVERING CONSISTENTLY STRONG PERFORMANCE We are building a growth platform in 03 Construction Chemicals 13 FRANCE SITE VISITS | NOVEMBER 2023
Slide 14: Sustainable construction and urbanization trends
SUSTAINABLE CONSTRUCTION URBANIZATION AND INFRASTRUCTURE NEEDS CO2 footprint and harmful substances reduction Ready-to-use solutions penetration Resource optimization COST AND LABOUR SHORTAGES LOW-CARBON BUILDING Ergonomic upgrade Necessary solutions for Improved installation experience energy effic
Slide 15: Construction Chemicals: a market driven by powerful trends
Construction Chemicals markets A market driven by powerful trends Admixtures and Construction Chemicals additives ~6-7% estimated growth Adhesives & Technical Sophistication - developed markets sealants 2% Emissions reduction and added value waterproofing Penetration - emerging markets ~€100bn 2% Re
Slide 16: A worldwide footprint in Construction Chemicals
Construction Chemicals markets Saint-Gobain’s historical presence A global leader in A worldwide footprint mortars Admixtures and Flooring & tiling, Façade and ETICS, additives Concrete works Adhesives & Technical >60 countries sealants waterproofing ~€100bn A proven expertise in A growing player in
Slide 17: A €5.6bn sales platform with global coverage
Construction Chemicals markets A €5.6bn1 sales platform with global coverage 1 Admixtures and additives Adhesives & Enrich our growth platform in admixtures & Technical sealants waterproofing additives, notably in Europe and Middle-East Africa ~€100bn Flat roofing 2 Façade & ETICS Strengthen our geo
Slide 18: Construction Chemicals product range
Formulations and finished chemical products for bonding, grouting, sealing, protecting, reinforcing and finishing various construction materials, for buildings and infrastructure Tile fixing adhesives Waterproofing Concrete repair and waterproofing beneath tiles membranes mortars and grouting for we