Bkw Ag · SIX:BKW
Bkw — Investor Day (November 2024)
123 slides from Bkw's investor day presentation, Nov 8, 2024
Slide 1: Capital Markets Day 2024
Capital Markets Day 2024
Slide 2: Program
Program Welcome and introduction Roger Baillod, Chairman of the Board of Directors Strategy Robert Itschner, CEO Strategic financial plan Martin Zwyssig, CFO Strategy implementation in business areas Members of the Executive Board
Slide 3: Program
Program Welcome and introduction Roger Baillod, Chairman of the Board of Directors Strategy Robert Itschner, CEO Strategic financial plan Martin Zwyssig, CFO Strategy implementation in business areas Members of the Executive Board
Slide 4: Welcome and introduction
Welcome and introduction
Slide 5: BKW looks back on a successful history of over 125 years
BKW – Capital Markets Day 2024 08.11.2024 5 BKW looks back on a successful history of over 125 years
Slide 6: Current strategy period ends in 2026; new Group Executive Board
BKW – Capital Markets Day 2024 08.11.2024 6 Current strategy period ends in 2026 New Group Executive Board and management structure organizational restructuring completed
Slide 7: High Medium Low
BKW – Capital Markets Day 2024 08.11.2024 7 High Medium Low
Slide 8: BKW – Capital Markets Day 2024
BKW – Capital Markets Day 2024 08.11.2024 8 − −
Slide 9: Accelerated transformation of the energy system
BKW – Capital Markets Day 2024 08.11.2024 9 − Accelerated transformation of the energy system − Increasing momentum in the energy market − Sharp rise in electricity demand Adoption of Switzerland’s − Growing need for infrastructure Ukraine war since 2022 net zero target development Nuclear plant out
Slide 10: BKW – Capital Markets Day 2024
BKW – Capital Markets Day 2024 08.11.2024 10
Slide 11: Strategy
Strategy
Slide 12: Program
Program 1 Welcome introduction Roger Baillod, Chairman of the Board of Directors 2 Strategy Robert Itschner, CEO BKW today Megatrends 2030 strategy 3 Strategic financial plan Martin Zwyssig, CFO 4 Strategy implementation in business areas Members of the Executive Board
Slide 13: BKW – Capital Markets Day 2024
BKW – Capital Markets Day 2024 08.11.2024 13
Slide 14: We cover the entire energy transition value chain
BKW – Capital Markets Day 2024 08.11.2024 14 We cover the entire energy transition value chain
Slide 15: We cover the entire energy transition value chain
BKW – Capital Markets Day 2024 08.11.2024 15 We cover the entire energy transition value chain − −
Slide 16: We cover the entire energy transition value chain
BKW – Capital Markets Day 2024 08.11.2024 16 We cover the entire energy transition value chain − − − −
Slide 17: We cover the entire energy transition value chain
BKW – Capital Markets Day 2024 08.11.2024 17 We cover the entire energy transition value chain − − − − − −
Slide 18: New names of business segments emphasize focus on markets
BKW – Capital Markets Day 2024 08.11.2024 18 New names of business segments emphasize focus on markets Energy Grid Services
Slide 19: We are already exceptionally well positioned today
BKW – Capital Markets Day 2024 08.11.2024 19 We are already exceptionally well positioned today − Greater resilience after successfully navigating the energy crisis − Best-in-class risk management − Robust production portfolio − Successful development of large customer business − Sustainable world-c
Slide 20: Program
Program 1 Welcome and introduction Roger Baillod, Chairman of the Board of Directors 2 Robert Itschner, CEO BKW today 2030 strategy 3 Strategic financial plan Martin Zwyssig, CFO 4 Strategy implementation in business areas Members of the Executive Board
Slide 21: Our megatrends
BKW – Capital Markets Day 2024 08.11.2024 21 Our megatrends
Slide 22: Megatrends in numbers
BKW – Capital Markets Day 2024 08.11.2024 22 Megatrends in numbers 15 172 3 141 70 79 104 109 2016 2024 2024 Annual average 2024 Annual average 2026–2030 NZE 2026–2030 NZE Low-emission electricity generation Grids & storage Clean supply (e.g., H2, bioenergy) Source: Investors: Signatory directory |
Slide 23: Program
al ' | t Program Welcome and introduction Roger Baillod, Chairman of the Board of Directors Strategy Robert Itschner, CEO BKW today Megatrends 2030 strategy Strategic financial plan Martin Zwyssig, CFO Strategy implementation in business areas Members of the Executive Board ‘ TANG w Hi
Slide 24: Our "BKW Solutions 2030" strategy
BKW – Capital Markets Day 2024 08.11.2024 24 Our “BKW Solutions 2030” strategy
Slide 25: Core elements of our "BKW Solutions 2030" strategy
BKW – Capital Markets Day 2024 08.11.2024 25 Core elements of our “BKW Solutions 2030” strategy − Expand energy solutions and − Profitability before sales − Growth opportunities in strengthen production portfolio growth energy, infrastructure and buildings − Develop distribution system − Consistent
Slide 26: BKW – Capital Markets Day 2024
BKW – Capital Markets Day 2024 08.11.2024 26 − − − − − − − − −
Slide 27: Growth only through profitability
BKW – Capital Markets Day 2024 08.11.2024 27 − Growth only through profitability − Proximity to customers, tailored − Continuous portfolio assessment – approach, flexible and fast companies, products, services − Cost optimization and leveraging economies of scale − Long-term partnerships − Consisten
Slide 28: Committed to achieving net zero emissions across the Group
BKW – Capital Markets Day 2024 08.11.2024 28 We are committed to We invest in renewable We promote natural We create healthy and achieving net zero and efficient energy ecosystems and forward-thinking work emissions across the infrastructures. biodiversity. environments. entire Group.
Slide 29: Climate targets: renewables expansion, fleet electrification, coal phase-out
BKW – Capital Markets Day 2024 08.11.2024 29 − Expansion of renewable energies − Electrification of the vehicle fleet − Assessment of accelerated coal phase-out by 2040 Scope 1 and 2 by 2030 Scope 1 and 2 by 2050 Scope 3 compared to 2022
Slide 30: BKW …
BKW – Capital Markets Day 2024 08.11.2024 30 BKW … … is excellently positioned in the growth markets of energy, infrastructure and buildings. … is driving forward a holistic energy transition through its “BKW Solutions 2030” strategy. … strengthens Swiss base and continues to invest selectively and
Slide 31: Strategic financial plan
Strategic financial plan
Slide 32: BKW – Capital Markets Day 2024
BKW – Capital Markets Day 2024 08.11.2024 32
Slide 33: EBIT targets by business area 2030
BKW – Capital Markets Day 2024 08.11.2024 33 0.5 1’200 1,200 1,200 1’000 1,000 200 800 850 1.0 2.5 620 150 600 400 620 650 200 0 2023 2030 Energy Solutions Power Grid1 Infrastructure & Buildings 1 EBIT 2030 for Power Grid excluding Swissgrid investment
Slide 34: Growth drivers by business area
BKW – Capital Markets Day 2024 08.11.2024 34 800 550 250 150 2023 2030 2023 2030 2023 2030 − Expansion of customer solutions − Transformation of the energy − Increase profitability to 8% business system (increase in RAB2) − Organic growth and selective M&A − Growth of flexibility business − Return b
Slide 35: Impact of the energy crisis; electricity prices and EBIT
BKW – Capital Markets Day 2024 08.11.2024 35 Impact of the energy crisis 1,400 1’400 300 Electricity price 1,200 1’200 1,200 250 market1 1,039 1’000 1,000 200 Electricity prices in CHF/MWh EBIT in CHF m 800 800 850 620 700 150 600 475 417 433 395 384 379 100 400 Hedged 200 electricity price 50 0 0 2
Slide 36: ROCE ambition 2030
BKW – Capital Markets Day 2024 08.11.2024 36 ROCE ambition 2030: A well-diversified portfolio with regards to return on capital ROCE in % 15% 10% BKW 5% 0% Capital Employed
Slide 37: High Medium Low
BKW – Capital Markets Day 2024 08.11.2024 37 High Medium Low
Slide 38: Investments financed through internal cash generation
BKW – Capital Markets Day 2024 08.11.2024 38 2,200 1,000 927 704 37 300 -952 -800 200 200 200 -1,878 100 -3,000 2023 2030 2023 2030 2025 2026 2027 2028 2029 2030 Investments financed through Building up liquidity reserves to Well-diversified maturity profile internal cash generation cover short-term
Slide 39: BKW – Capital Markets Day 2024
BKW – Capital Markets Day 2024 08.11.2024 39 80% 1.25 60% 40% 3.40 2.60 2.80 20% 2.20 2.40 0% 2019 2020 2021 2022 2023 2025 2026 2027 2028 2029 2030
Slide 40: Financial stability is ensured
BKW – Capital Markets Day 2024 08.11.2024 40 Financial stability is ensured
Slide 41: Program
Program Welcome and introduction Roger Baillod, Chairman of the Board of Directors Strategy Robert Itschner, CEO Strategic financial plan Martin Zwyssig, CFO Strategy implementation in business areas Members of the Executive Board
Slide 42: Energy Solutions
BKW – Capital Markets Day 2024 08.11.2024 42 Energy Solutions We provide standardized and structured customer solutions, along with the generation and marketing of energy.
Slide 43: Energy Solutions
——— Energy Soluti Energy Weis catia YG : = mena
Slide 44: BKW – Capital Markets Day 2024
BKW – Capital Markets Day 2024 08.11.2024 44
Slide 45: Energy Markets portfolio
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 45 Energy Markets portfolio − − − − −
Slide 46: Portfolio value
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 46 Portfolio value − Full supply − Structured supply (e.g., corporate PPAs) − Structured offtake (e.g., offtake PPAs) − Additional solutions: Direct marketing, gas storage and flexibility management (flexible purchase agreements) − − Sale of
Slide 47: Large customer business
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 47 Large customer business EUR/MWh − and MW MW − − Mon Tue Wed Thu Fri Sat Sun 0 12 24 h Wind PV Price Source: Energy-Charts (https://www.energy-charts.info)
Slide 48: Energy Solutions
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 48 − − − −
Slide 49: Energy Solutions: flexibility and price volatility
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 49 − EUR/MWh and MW % Low RE production, High RE production, high price → flexible low price → flexible use of production use of storage − High Medium − Low Mon Tue Wed Thu Fri Sat Sun Prior to 2021 During Future energy crisis Wind PV Price
Slide 50: Wind and PV outlook
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 50 − − − 2025 2030 2050 Wind PV Source: BKW
Slide 51: Expansion of standardized and structured customer solutions
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 51 Expansion of standardized and Scaling up management of structured customer solutions own and third-party flexibilities for a green future
Slide 52: Energy Solutions
1 Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 52
Slide 53: Butendiek wind farm purchase agreement
1 Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 53 Purchase agreement Installed capacity Purchase of around 20% of Butendiek wind farm total production at fixed price
Slide 54: Reliable green electricity supply
1 Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 54 Reliable green electricity supply Baseload wind energy at fixed price
Slide 55: Flex solutions
2 Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 55 Flex solutions − − − −
Slide 56: Co-located batteries
2 Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 56 Co-located batteries with total installed capacity Fixed purchase price
Slide 57: Growth through expansion of customer solutions business
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 57 We are driving growth through expansion of our customer solutions business Attractive market with high growth potential. We expand our renewable energy and flexibility activities across Europe. We support large customers on their decarbon
Slide 58: Slide 58
Slide 59: BKW – Capital Markets Day 2024
BKW – Capital Markets Day 2024 08.11.2024 59
Slide 60: Diversified production portfolio
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 60 − Diversified across technologies and geographies − Balanced between regulated and merchant markets − Focused on renewable energy and flexibility 3.4 GW − Characterized by high availability and excellence 1: Direct emissions
Slide 61: Energy Solutions
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 61 − − −
Slide 62: Portfolio mix by technology 2025–2050
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 62 86% 46% 130 35% 50 20 2025 2030 2050 2025 2030 2050 2025 2030 2050 PV Wind Hydro Biomass Batteries Sustainable Other flexibility Batteries flexibility Other Source: BKW
Slide 63: Our strategic directions
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 63 Our strategic directions Version 3 1 2 3 2023 20301 Nuclear Hydro Wind & PV Batteries H2-ready gas Gas Coal 1 Scenario: Accelerated coal phase-out
Slide 64: Swiss roots
1 Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 64 Swiss roots Hydro continues to be a key technology in our Swiss production portfolio Further expansion of wind & PV Overall increase in winter electricity share (hydro, wind, alpine PV) Coverage of entire value chain
Slide 65: Swiss capacity, production and winter share
1 Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 65 Installed capacity Annual production Share of winter production
Slide 66: 10% of winter electricity expansion targets in energy strategy 2050
1 Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 66 10% of winter electricity expansion targets in energy strategy 2050 Installed Storage capacity capacity
Slide 67: Green Growth
2 Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 67 Green Growth
Slide 68: Largest wind farm under construction in Italy
2 Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 68 Largest wind farm under construction in Italy Planned Installed Annual Supplied with commission- capacity production electricity ning
Slide 69: Large-scale battery portfolio and fuel switch to H2-ready gas
3 Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 69 Development of large-scale battery portfolio Fuel switch from coal to H2-ready gas We maintain a high share of flexibility in BKW’s production portfolio 1: Scenario Accelerated coal phase-out
Slide 70: Flexibility of the future
3 Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 70 Flexibility of the future Installed Storage Planned capacity capacity commissioning
Slide 71: Our growth strategy benefits the environment and earnings
Energy Solutions BKW – Capital Markets Day 2024 08.11.2024 71 Our growth strategy benefits the environment and strengthens our earnings potential
Slide 72: Power Grid
BKW – Capital Markets Day 2024 08.11.2024 72 Power Grid We plan, build and operate grid infrastructures and provide our customers reliably with electricity.
Slide 73: Power Grid
anneal Power Grid’
Slide 74: Power Grid
BKW – Capital Markets Day 2024 08.11.2024 74 Power Grid Switzerland’s largest distribution grid operator Operates 22,000 km of power grid Supplies over 1 m people & companies Ensures high grid availability: 99.997%
Slide 75: Trends require strengthening and expanding the distribution grid
Power Grid BKW – Capital Markets Day 2024 08.11.2024 75 Trends: Changing customer behavior and new peak loads require strengthening and expanding the distribution grid − − − −
Slide 76: Growth in PV, mobility and heat pumps to 2050
Power Grid BKW – Capital Markets Day 2024 08.11.2024 76 45 4,000 1,250 669 21 445 885 5 240 2023 2030 2050 2023 2030 2050 2023 2030 2050 Source: PV: BKW estimates based on Electricity Act | Mobiliy: Swiss Federal Statistical Office (BFS); Energy Perspectives 2050+ | Heating: Statista & Fachvereinigu
Slide 77: Goal: Maintain our high level of grid availability
Power Grid BKWCAPITAL – CapitalMARKETS Markets DAY Day 2024 08.11.2024 77 1 128’000 2030 2 74,000 2030 Goal: Maintain our high level of grid availability 75,000 2030
Slide 78: Installed PV capacity in the distribution grid
1 Power Grid BKW – Capital Markets Day 2024 08.11.2024 78 Grid reinforcement Installed PV capacity projects for PV in the distribution Connected systems (low and medium grid per workday voltage)
Slide 79: Investments in a future-proof supply
1 Power Grid BKW – Capital Markets Day 2024 08.11.2024 79 Investments in a future-proof supply customers in the region higher transformer capacity benefit from the increased than before capacity
Slide 80: Pioneering solutions for the energy system of tomorrow
2 Power Grid BKW – Capital Markets Day 2024 08.11.2024 80 Pioneering solutions for the energy system of tomorrow
Slide 81: Power Grid
Power Grid BKW – Capital Markets Day 2024 08.11.2024 81
Slide 82: Infrastructure & Buildings
BKW – Capital Markets Day 2024 08.11.2024 82 Infrastructure & Buildings We plan, implement and maintain forward-looking infrastructures and climate-friendly buildings.
Slide 83: Infrastructure & Buildings
Slide 84: Engineering
BKW – Capital Markets Day 2024 08.11.2024 84 Engineering Over 90 locations in Germany 3,120 employees Largest provider of integrated architectural and engineering services in the DACH region with 4,000 employees Plans forward-looking, livable, climate- friendly infrastructures and buildings as a “Ne
Slide 85: Engineering services
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 85 Engineering services − − − − − − − − − − − − − − − − − − − − − −
Slide 86: "Network of Excellence"
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 86 “Network of Excellence” − − − − − Consulting Buildings Infrastructure
Slide 87: Engineering market trends
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 87 − Outsourcing the − Modular planning and − Sustainable and resilient management of complex construction with a high infrastructures projects due to a lack of degree of prefabrication − Energetic refurbishment internal capabiliti
Slide 88: Market size
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 88 Market size Roads Transport Other Energy Other Residential Health Storage Commercial Other Railways Telco Water Education Indust. Office Agriculture Source: Market size 2023: Euroconstruct, German Federal Logistics and Mobility
Slide 89: Market size in CHF bn 2023–2030
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 89 In CHF bn − 60 48 51 50 − 40 30 20 10 0 2023 2030 Germany Austria Switzerland Source: Market size: Euroconstruct, German Federal Logistics and Mobility Office, German Federal Ministry of Transport and Digital Infrastructure, Des
Slide 90: Our strategic directions
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 90 Our strategic directions 1 2 3
Slide 91: Design of CO2-efficient structural frameworks
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 91 Design of CO2-efficient structural frameworks of softwood regrows in Germany in around 25min Height Gross floor area
Slide 92: Design of forward-looking, livable, climate-friendly neighborhoods
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 92 Design of neighborhoods that are for- ward-looking, livable & climate-friendly Area Residential units Boat docks
Slide 93: Significant critical infrastructure expertise
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 93 Significant critical infrastructure expertise bridges in Deutsche Bahn’s are over network 100 years old
Slide 94: Design of resilient adaptations for technical infrastructures
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 94 Design of resilient adaptations for technical infrastructures House connections Route length (total)
Slide 95: Design of innovative energy management concepts
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 95 Design of innovative energy management concepts Area Operations building Thermal output
Slide 96: We design the infrastructures and buildings of tomorrow
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 96 We design the infrastructures and buildings of tomorrow
Slide 97: Infrastructure & Buildings: Infra Services
We Infrastructun & Buildings Infra service
Slide 98: Infra Services
BKW – Capital Markets Day 2024 08.11.2024 98 Infra Services
Slide 99: Infra Services
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 99 – – – – – – – – – − − − − – − – − − – − − – – –
Slide 100: Full-service provider for critical grid infrastructures
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 100 Full-service provider for critical grid infrastructures − − − − −
Slide 101: Infra Services market trends
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 101 − Sustainability, supply − Efficiency in planning, − Decarbonization and security and costs managing, operating electrification of heating − Complex requirements – and maintaining and transport solutions from a single infrastru
Slide 102: Market size
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 102 Market size Energy Mobility Energy Mobility Telecom Water Source: Market size 2023: BKW’s calculation on the basis of Euroconstruct, German Federal Logistics and Mobility Office, German Federal Network Agency, Swiss Federal Off
Slide 103: Addressable market potential
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 103 Addressable market potential In CHF bn 14 − 12 12 10 8 − 8 6 − 4 2 0 2023 2030 Germany Switzerland Source: Market size: BKW’s calculation on the basis of Euroconstruct, German Federal Logistics and Mobility Office, German Feder
Slide 104: Our strategic directions
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 104 Our strategic directions 1 2 3 4
Slide 105: Pioneer for a climate-neutral future
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 105 Pioneer for a climate-neutral future Deutschland Order volume Completion period
Slide 106: Innovative storage solutions for the grid of tomorrow
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 106 Innovative storage solutions for the grid of tomorrow Storage capacity Order volume Completion period
Slide 107: Unique bundling of expertise across multiple domains
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 107 Unique bundling of expertise across multiple domains Tunnel length Order volume Construction period
Slide 108: We offer full-service infrastructure solutions
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 108 We offer full-service infrastructure solutions
Slide 109: Infrastructure & Buildings: Building Solutions
Infrastn : 7 & Buildi Building
Slide 110: Building Solutions
BKW – Capital Markets Day 2024 08.11.2024 110 Building Solutions
Slide 111: Building Solutions services
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 111 Building Solutions services − − − − − − − − − − − − − − − − − − − − − − − − − − 1 Refers only to IT
Slide 112: Business platform
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 112 Business platform − expertise across multiple trades − Strong regional presence with customer proximity − Scalability (e.g., purchasing) and synergies (e.g., HR, IT) − Talent development
Slide 113: Building Solutions market trends
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 113 − Need for independence − Increased energy − Electrification of heating − Cross-trade building efficiency and transport technology solutions − Building automation − Expansion of decentralized renewable energy sources (especiall
Slide 114: Market Size
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 114 Market Size 26 Hardware Software (on premise) Communication PV & Solar Electrotechnology Heating, cooling, ventilation Sanitation Automation Services incl. Cloud und Custom Software Source: Market size 2023: BKW’s calculation o
Slide 115: Addressable market potential
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 115 Addressable market potential In CHF bn − 35 30 30 26 − 25 20 17 15 13 10 5 0 2023 2030 2023 2030 PV & Solar Electrotechnology Heating, cooling, ventilation Sanitation Automation IT Source: Market size: BKW’s calculation on the
Slide 116: Our strategic directions
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 116 Our strategic directions 1 2 3 4
Slide 117: Process and building automation in critical applications
1 Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 117 Process and building automation in critical applications
Slide 118: Digitalization and robotics in modern office buildings
1 Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 118 Digitalization and robotics in modern office buildings 1: Building Information Modeling
Slide 119: Trusted partner for sustainable and decentralized electricity generation
2 Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 119 Trusted partner for sustainable and decentralized electricity generation
Slide 120: We create climate-friendly and energy-efficient buildings
Infrastructure & Buildings BKW – Capital Markets Day 2024 08.11.2024 120 We create climate-friendly and energy-efficient buildings
Slide 121: We cover the entire energy transition value chain
BKW – Capital Markets Day 2024 08.11.2024 121 We cover the entire energy transition value chain
Slide 122: Capital Markets Day 2024
Capital Markets Day 2024
Slide 123: Forward-looking statements
BKW – Capital Markets Day 2024 08.11.2024 123 This presentation contains forward-looking statements which are made on the basis of current expectations and assumptions. The forward-looking statements involve risks and uncertainties that can cause actual results to differ materially from those contai