Siemens Energy Ag · XETR:ENR
Siemens Energy — 10th Berenberg & Goldman Sachs German Corporate Conference 2021
19 slides from Siemens Energy's conference presentation, Sep 22, 2021
Slide 1: Well placed to lead the energy transformation
Well placed to lead the energy transformation Christian Bruch, Chief Executive Officer Maria Ferraro, Chief Financial Officer 10th Berenberg & Goldman Sachs German Corporate Conference September 22, 2021 Siemens Energy is a trademark licensed by Siemens AG. Unrestricted © Siemens Energy, 2021
Slide 2: Disclaimer
Disclaimer INFORMATION AND FORWARD-LOOKING STATEMENTS This document contains statements related to our future business and financial performance, and future events or developments involving Siemens Energy that may constitute forward-looking statements. These statements may be identified by words suc
Slide 3: The world needs more electricity
The world needs more electricity CAGR: +2% 40,064 TWh Growing electricity market (in TWh)1 26,619 TWh • Increasing electrification of industries2 • Around 750 million people globally without access to electricity • New electrical consumers (data centers, e-mobility) 2018 2040 1 Source: IEA (Stated P
Slide 4: The energy market is in the process of transformation
Howenergy The we deliver market is in the process of transformation We strengthen our operational performance through a more competitive organization Shift of re- source base¹ 2018-2040 Wind Gas Coal Solar Nuclear Oil Hydro • Opportunities for SGRE • Stable service business • Decarbonization of Impl
Slide 5: Diversity of global energy infrastructure offers attractive opportunities for SE
Diversity of global energy infrastructure offers attractive opportunities for SE 4,898 North America 5,186 Europe 1,178 Middle East Transmission network upgrades and Growth in renewables, peaking power, Gas-fired power generation expansion. Shift from coal to gas-fired energy storage, grid stabiliza
Slide 6: Siemens Energy offers more than one solution to cut emissions
Siemens Energy offers more than one solution to cut emissions Baseline Siemens Energy Offering ~ 500 – 900g CO2/kWh ~ 200 – 250g CO2/kWh 0g CO2/kWh Conventional Coal Power Plant Modern Gas Power Plant with combined heat and power technology / H2 co-firing Wind Park C. Bruch & M. Ferraro | 10th Beren
Slide 7: Three pillars underpinning our strategy
Three pillars underpinning our strategy Low- or zero-emission Transport and storage Reducing the CO2 footprint & energy power generation of energy consumption in industrial processes C. Bruch & M. Ferraro | 10th Berenberg & GS German Corporate Conference 7 2021-09-22 Unrestricted © Siemens Energy, 2
Slide 8: Siemens Energy is well positioned to lead the energy transition
Siemens Energy is well positioned to lead the energy transition Siemens Energy AG Revenue by type Revenue FY20: € 27.5 bn 67% owned Gas and Power Service Service share: 42% Gas and Power Siemens Gamesa (“GP”) ~65% Renewable Energy ~35% 34% SGRE Service share: 19% of SE Revenue of SE Revenue (“SGRE”)
Slide 9: Our six levers to deliver shareholder value
Our six levers to deliver shareholder value Leader in Service Reach operational More EBITA Developing future Leading portfolio energy industry Business as a performance and more Cash portfolio with focus in the industry core value driver (after Spin-off) on sustainability and service C. Bruch & M. F
Slide 10: We are #TeamPurple #WeEnergizeSociety
We are #TeamPurple #WeEnergizeSociety Siemens Energy is a trademark licensed by Siemens AG. Unrestricted © Siemens Energy, 2020
Slide 11: Questions & Answers
Questions & Answers C. Bruch & M. Ferraro | 10th Berenberg & GS German Corporate Conference 11 2021-09-22 Siemens Energy is a trademark licensed by Siemens AG. Unrestricted © Siemens Energy, 2021
Slide 12: Financial Calendar / Contact Investor Relations
Financial Calendar 2021 2022 Sep 22 Nov 10 Feb 9 10th Berenberg & GS Q4 FY21 Q1 FY22 German Corporate Conference Contact Investor Relations Michael Hagmann Tobias Hang Harald Albrecht Head of Investor Relations tobias.hang@siemens-energy.com albrecht.harald@siemens-energy.com michael.hagmann@siemens
Slide 13: Appendix
Appendix C. Bruch & M. Ferraro | 10th Berenberg & GS German Corporate Conference 13 2021-09-22 Siemens Energy is a trademark licensed by Siemens AG. Unrestricted © Siemens Energy, 2021
Slide 14: On track with our company program Energy of Tomorrow
On track with our company program Energy of Tomorrow We energize society Leading the energy transformation • Most valued energy technology Accelerating impact company • Focus and deliver on the • Electrifying countries and fundamentals communities • Co-create innovations with • Act as data-driven co
Slide 15: Siemens Energy's ESG performance well received
Siemens Energy´s ESG performance well received Climate protection seal from Prime Rating from MSCI ESG Rating Top ranking by ESG-agency Silver medal by EcoVadis the Science Based Target ISS ESG upgrade Sustainalytics Initiative-(SBTi) • Reduction targets confirmed • Siemens Energy received an Siemen
Slide 16: On track to deliver on what we promised
On track to deliver on what we promised Leader in energy Service Business as Reach operational More EBITA and Developing future Leading portfolio industry a core value driver performance more cash portfolio with focus in the industry (after Spin-off) on sustainability and service Leading market posi
Slide 17: Gas & Power on track, SGRE impacted by onshore wind business
Gas & Power on track, SGRE impacted by onshore wind business Market Environment Q1 – Q3 FY21 • Early signs of market recovery Financial Performance • Rising raw material cost • COVID impact less pronounced • Revenue: +2.3% (+6.2% comp.) at €20.3bn; book-to-bill ratio of 1.18 • Order backlog: at arou
Slide 18: Financial outlook and framework
Financial outlook and framework Actuals Profit forecast 3-year guidance Mid-term target FY19 FY20 FY20 FY21 FY23 Revenue €18.7bn €18.1bn (5)%-(3)% 2%-6% Gas and Power % Growth y-o-y2 (1.4)% (3.1)% Adj. EBITA before Special Items €836m €254m 0%-2% 3.5%-5.5% 6%-8% % Margin before Special Items 4.5% 1.
Slide 19: Framework for value creation
Framework for value creation Performance Portfolio Covered in incentive framework Research and Portfolio Development optimization 6.5-8.5% ≥8% ~€1bn Resize Adj. EBITA margin before Adj. EBITA margin annual spending the portfolio Special Items Siemens Energy Siemens Energy mid-term target1 FY23 targe
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