Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — Merger or Acquisition (November 2012)
15 slides from Siemens Aktiengesellschaft's merger presentation, Nov 29, 2012
Slide 1: Strengthen the core of Infrastructure & Cities and Siemens' position in Rail Automation
Strengthen the core of Infrastructure & Cities and Siemens' position in Rail Automation 29 November 2012 Munich, Germany Page 1 Strengthen the core of IC, Analyst & Press Call, November 29, 2012 Copyright © Siemens AG 2012. All rights reserved.
Slide 2: Safe Harbour Statement
Safe Harbour Statement This document includes supplemental financial measures that are or may be non-GAAP financial measures. New orders and order backlog; adjusted or organic growth rates of revenue and new orders; book-to-bill ratio; Total Sectors profit; return on equity (after tax), or ROE (afte
Slide 3: Strengthen the Infrastructure & Cities sector with active portfolio management
Strengthen the Infrastructure & Cities sector with active portfolio management Infrastructure & Cities Power Grid Transportation and Logistics Planned divestment of Postal, Acquisition of Invensys Rail Parcel & Baggage Handling Strengthening the Rail Automation Exiting a non-core business with b
Slide 4: Divestment of Baggage Handling, Postal and Parcel sorting
Divestment of Baggage Handling, Postal and Parcel sorting Portfolio Planned divestment of Baggage Handling, Postal and Parcel Change sorting activities Low synergies of business with other Siemens divisions, due to high mechanical content Strategic Limited own value add and focus on system int
Slide 5: Siemens to acquire 100% of Invensys Rail shares
Siemens to acquire 100% of Invensys Rail shares Compelling strategic rationale Transaction structure Acquisition of 100% of all rail companies of Strengthening of a resilient and high return business Invensys model by combining two businesses with similar cultures and attractive synergy potential:
Slide 6: Siemens Rail Automation is a strong business in the Infrastructure & Cities sector
Siemens Rail Automation is a strong business in the Infrastructure & Cities sector Business Revenues in €bn, Siemens FY1) Diverse product range in Mass Transit and Mainline Product strategy geared towards reliability, optimum 1.3 1.4 1.4 1.2 1.2 availability, fault-free installation and maintena
Slide 7: Invensys Rail has a strong reputation and track record in rail automation
Invensys Rail has a strong reputation and track record in the rail automation industry Business Revenues and Operating Margin % in £m, Invensys Rail FY1) Pure play software based signaling and control 17% 21% 20% 17% 15% 14% company 700 772 775 State-of-the-art railway control and communication
Slide 8: Siemens to acquire Invensys Rail: Creating a global player in Rail Automation
Siemens to acquire Invensys Rail: Creating a global player in Rail Automation Invensys Rail Siemens Rail Automation1) Strong track record as a highly Established and successful player in competent and reliable partner for the Rail Automation industry with complex transportation solutions to 400+
Slide 9: Highly complementary regional activities are basis for growth in new regions and segments
1 Highly complementary regional activities are basis for growth in new regions and segments UK: large D-A-CH: traditional investment Siemens "home program into Rail Eastern Europe countries" Infrastructure Market €0.8bn started Western Europe CAGR 5.7% Market €4.7bn CAGR 1.5% CIS NAFTA Market €0.7bn
Slide 10: Combined, Siemens and Invensys Rail offer an unmatched broad and comprehensive portfolio
Combined, Siemens and Invensys Rail offer an unmatched broad and comprehensive portfolio 2 Strengthened core business Combined offering Invensys Rail Siemens Rail Automation Broader, more Highly flexible Invensys Ability of Siemens comprehensive signaling systems for a signaling systems to off
Slide 11: The transaction results in significant cost and revenue synergies
The transaction results in significant cost and revenue synergies Selected drivers Synergy Impact p.a. Procurement Savings through combined procurement Cost Portfolio Streamlining of portfolio elements Cost synergies synergies ~80% Engineering Streamlining of engineering activities and potential & S
Slide 12: Key factors ensuring the success of an acquisition of Invensys Rail
A combination of key factors will ensure the success of an acquisition of Invensys Rail Rail Automation business model is resilient. Installed base and well established 1 customer relationships provide long-term revenue streams. Siemens and Invensys Rail have long standing experience in Rail Automat
Slide 13: Strengthen the Infrastructure & Cities sector with active portfolio management
Strengthen the Infrastructure & Cities sector with active portfolio management Infrastructure & Cities Power Grid Transportation Planned divestment of Postal, Acquisition of Invensys Rail and Logistics Parcel & Baggage Handling Strengthening the Rail Automation Exiting a non-core business with b
Slide 14: Siemens contact data
Siemens contact data Investor relations Mariel von Drathen +49-89-636-33780 Wolfgang Meyer +49-89-636-36165 Internet: http://www.siemens.com/investorrelations Email: investorrelations@siemens.com Press Contacts Uta Apel +49-89-636-31809 Alexander Becker +49-89-636-36558 Internet: http://www.siemens.
Slide 15: Reconciliation and Definitions for Non-GAAP Measures
Reconciliation and Definitions for Non-GAAP Measures This document includes supplemental financial measures that are or may be non-GAAP financial measures. New orders and order backlog; adjusted or organic growth rates of revenue and new orders; book-to-bill ratio; Total Sectors profit; return on eq