Kingspan Group PLC · EURONEXT:KRX

Kingspan — 7th HSBC SRI Conference 2012

23 slides from Kingspan's conference presentation, Feb 1, 2012

  1. Slide 1: 7th HSBC SRI Conference, Frankfurt, February 1st 2012

    7th HSBC SRI Conference Frankfurt February 1st 2012 1

  2. Slide 2: Disclaimer

    Disclaimer Forward Looking Statements This presentation contains certain forward-looking statements. Actual results may differ materially from those projected or implied in such forward-looking statements. Such forward-looking information involves risks and uncertainties that could affect expected r

  3. Slide 3: At a Glance

    At a Glance  A world leader in high performance insulation  Market leading positions in UK, Mainland Europe, North America and Australia  Proprietary technology drives differentiation in product performance  80 sales and manufacturing locations globally 3

  4. Slide 4: A Growth Model

    A Growth Model  The leader in high performance insulation solutions throughout Europe, North America & Australasia  The Kingspan Model has driven penetration, even without the full benefit of Regulation changes (e.g. 1990 – 2010 CAGR is 15%)  An unequalled geographic footprint in emerging & under

  5. Slide 5: Strategic Goals

    Strategic Goals  Lead the field in high performance insulation globally with a greater emphasis on proprietary and differentiating technologies  Kooltherm®  Next Generation Insulation  Benchmark® Architectural  Become the world’s leading provider of low energy building solutions  The “Insulate

  6. Slide 6: Key Growth Platforms

    Key Growth Platforms  Penetration  New Product/R&D  Refurbishment/RMI  Wider Geography Yealands Estate Winery, New Zealand 6

  7. Slide 7: Sales by Geography

    Sales by Geography €mn H1 11 H1 10 % Change at YoY % Constant Change Rates H1 2010 Republic of Ireland 36.2 32.4 +12% +12% Britain & Northern Ireland 308.1 248.5 +24% +24% 4% 3% 6% Mainland Europe 258.6 147.6 +75% +75% Americas 100.0 93.9 +11% +6% 17% Australasia 27.1 22.0 +13% +23% Other 6.0 14.3 -

  8. Slide 8: Sales by Sector

    Sales by Sector 12% 20% 68% Residential Industrial/Commercial Office 24% 76% Refurbishment New Build 8

  9. Slide 9: Building Regulations by Region

    Building Regulations by Region Percentage improvement in standards from 2005 250% 200% 150% 100% 50% 0% 2005 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 UK US Germany Poland *Note: 2011/16 are estimates in UK & US 9

  10. Slide 10: Route to Net-Zero: Kingspan

    Route to Net-Zero : Kingspan

  11. Slide 11: Insulated Panels

    Insulated Panels  Structural Insulation – largely non-residential; Industrial; Commercial; Office; Roof & Wall Panels and Façade Systems  85% New Build  Global presence  48% Group Turnover  Key advantages of Kingspan Insulated Panels  Insulation for life of the building  Air-tightness  Speed

  12. Slide 12: Insulated Panels: Performance vs Construction Macro's US Panels

    Insulated Panels: Performance vs Construction Macro’s US Panels 140 120 100 Kingspan US Panels Sales 80 60 US Commercial Warehouse and Shopping Centre Construction (total market) * 40 20 0 2006 2007 2008 2009 2010 Growth in penetration *Source: McGraw Hill Construction 12

  13. Slide 13: Insulation

    Insulation  Non-Structural Insulation  50% Residential/50% Non- Residential  70% New Build/30% Refurbishment  Geographic Markets: UK, Western Europe, CEE, Australia  30% Group Turnover ExCel, London, UK  Key advantages of Kingspan Insulation:  Depth of Insulation versus traditional alternativ

  14. Slide 14: Insulation Boards: Performance vs Construction Macro's UK Insulation

    Insulation Boards: Performance vs Construction Macro’s UK Insulation “Conversion” enabling out-performance 15

  15. Slide 15: CRH Insulation Acquisition

    CRH Insulation Acquisition  Market leading positions in key PIR across Western Europe  Acquisition completed in March 2011  Integration fully complete  Strengthens Kingspan’s position as a leading provider of high performance insulation in Europe 16

  16. Slide 16: Environmental & Renewables

    Environmental & Renewables  Renewable Energy/Hot Water Systems; Fuel storage/Pollution Control; Rainwater Harvesting  Market Sector – Residential; Non- residential  40% New Build/60% Replacement/Refurbishment  No. 1 in UK/Ireland and a growing international presence George Washington University,

  17. Slide 17: E&R Sales Value Trends

    E&R Sales Value Trends Expressed as % of previous year 140% 130% 120% 110% 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 18

  18. Slide 18: Access Floors

    Access Floors  Raised Access Floors  100% Office/Data Centre Markets  90% New Build  Captive operating model Kansas City Power & Light, USA  Manufacturing and sales in the UK & US  9% Group Turnover 19

  19. Slide 19: Access Floors Sales Volume Trends

    Access Floors Sales Volume Trends Expressed as % of previous year 110% 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 20

  20. Slide 20: Penetration Potential 2005A 2010A 2015F

    Penetration Potential 2005A 2010A 2015F Insulated Panels UK 55% 62% 75% Insulated Panels NA 5% 8% 11% UK Insulation 30% 34% 38% Germany External Wall 0% 2% 10% CEE Insulation Board 0% 0.7% 6% 21

  21. Slide 21: Strong Balance Sheet

    Strong Balance Sheet  H1 2011 Net Debt €216.5m – Profile of Available Facilities €m headroom c. €434m  Revolving Credit Facility of €330m 350 330  2005 Private placement €151mn 300 (USD200m) 250  2011 Private placement €139m (USD200m) 200 150 139  Significant headroom on covenants 119  Max 3.5

  22. Slide 22: Questions

    ) cS Questions Kingspan.

  23. Slide 23: Kingspan Group plc contact details

    xz ww Kingsp n. Kingspan Group plc Dublin Road, Kingscourt, Co. Cavan, Ireland Telephone: +353 42 969 8000 Fax: +353 42 966 7501 Email: admin@kingspan.ie © www.kingspan.com

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