GN Store Nord A/S · OMXCOP:GN
GN Store Nord A/S — Credit Suisse European Technology Conference 2007
12 slides from GN Store Nord A/S's conference presentation, May 10, 2007
Slide 1: GN Store Nord
GN Store Nord Toon Bouten, President & CEO At Credit Suisse European Technology Conference May 10, 2007
Slide 2: Safe harbor statement
Safe harbor statement The forward-looking statements in this interim report reflect management's current expectations of certain future events and financial results. Statements regarding 2007 are, of course, subject to risks and uncertainties which may result in material deviations from the outlook
Slide 3: Profile GN
Profile GN • Founded in 1869 - Telegraph land & sea lines • Now the world’s leading provider of headsets: • Contact Centre 35% Marketshare • Office • Bluetooth Mobile 25% Marketshare • Revenue in 2006 was DKK 3.413 million • End of 2006: 1,800 employees • Sales in approx. 70 countries • R&D centers
Slide 4: Headset is an attractive market opportunity
Headset is an attractive market opportunity Total market value, manufacturer value DKK bn 25 Contact Center: 2% CAGR . K 24 bn Office and Mobile: 20% CAGR o DK p .a. t 20 AGR 17%C > 15 10 5 0 2005 2006 2007 2008 2009 2010 BT Mobile Office CC Market share: CC&O~ 35%, BT Mobile ~ 25% Source: Datamonit
Slide 5: Status – end of 2006
Status – end of 2006 DKKm EBITA % 2500 25 • The world’s leading provider of 20 headsets 2000 15 • 1,800 employees 1500 10 • Low cost manufacturing in China 5 • Sales in 70 countries 1000 0 • R&D centers in Denmark and China -5 500 • Product brand name Jabra -10 • OEM for the mobile phone industry 0
Slide 6: Headset strategy plan
Headset strategy plan Goals: Extend: Add New Activities 1. Expand the leadership in the Accelerate: headset market Accelerate the Headset Businesses 2. Achieve competitive Reengineer: profitability and attractive Build Scalable Business return on capital employed 2007 2008 2009 Reengineer – build sc
Slide 7: The Market-Oriented Organization is in place
The Market-Oriented Organization is in place Toon Bouten, CEO Jens Due Olsen, CFO Contact Office Premier Mainstream Center Marketing Market Market Market Market R&D growth growth growth growth Supply currently currently currently currently Chain 2-4% 10-20% 30% 30-40% Sales Profit Profit Profit Prof
Slide 8: Operational excellence – Supply Chain
Operational excellence – Supply Chain from a Fragmented to Main partner model How: Advantages: • Reduce working capital • One main partner for total • Improved service levels supply chain. Manufacturing • Transfer from fixed to and physical distribution variable cost • 60% reduction in vendors • Inc
Slide 9: Productivity Update
Productivity Update People • Market-Oriented organization is in place • Sales per employee • No. of employees reduced from approx. 1,800 end of 2006 to approx. 1,650 Products • Two platforms ready end Q2 • Some R&D activities will move from • Sales per product/Platform development Mobile into CC&O •
Slide 10: Key headset announcements in 2007
Key headset announcements in 2007 JX10 with S5010 – Stereo Bluetooth hub – speaker for music dual connection to phones, MP3 desk phone and players and PCs. Bluetooth mobile phone. BT5010 – Sliding BT5020 – Behind boom arm. the ear. Discreet and comfortable. JX10 Cara – Gold T5330 – Light weight plat
Slide 11: GN at a glance – Q1 2007
GN at a glance – Q1 2007 • GN’s financial results for both its continuing and discontinuing operations were better than expected. • Full-year revenue and EBITA guidance are unchanged for continuing operations. • The German Federal Cartel Office has prohibited the sale of GN ReSound to Phonak. The de
Slide 12: GN Store Nord
GN Store Nord Toon Bouten, President & CEO May 10, 2007 12
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