Solvay Sa · EURONEXT:SOLB
Solvay Sa — Shareholder Meeting (May 2014)
26 slides from Solvay Sa's shareholder meeting presentation, May 13, 2014
Slide 1: Annual General Meeting
Annual General Meeting Jean-Pierre Clamadieu Chief Executive Officer May 13, 2014
Slide 2: Our strengths in the world of Chemistry
Our strengths in the world of Chemistry General Shareholders Meeting 2 13/05/2014
Slide 3: Global chemical demand growth driven by Asia and megatrends
Global chemical demand growth driven by Asia and megatrends… Climate Resource change scarcity Global Demand chemical from Asia demand > 60% in 2030 > 50% €3 in 2013 trillion +4% in 2013 CAGR 2013 - 2030 Health and Expanding well-being middle class Source: BCG General Shareholders Meeting 3 13/05/201
Slide 4: …in a contrasted macro-economic environment
…in a contrasted macro-economic environment United States Europe China Gas price in 2013 in US$/million BTU 3.7 11.1* 9.7 GDP CAGR 2013 - 2017 2.9% 1.4% 7.1% INVESTMENTS RATIONALIZATION INVESTMENTS Chemical industry output over 2012 - 2020 +40% +2% +48% * Germany Source: ACC April 2014, IMF April 20
Slide 5: Solvay very well positioned on growing markets
Diversified end-markets* Solvay very well positioned on growing markets 25% Consumer Goods & Healthcare Balanced 17% geographic exposure* Automotive & Aeronautics North Europe Food, Agro 12% America & Feed Solutions 25% 33% Energy 11% & Environment Asia- Building 10% Latin & Construction Pacific Ame
Slide 6: 90% of our sales from businesses where Solvay ranks among the top 3
90% of our sales from businesses where Solvay ranks among the top 3 players Advanced Advanced Formulations Materials Performance Functional Chemicals Polymers General Shareholders Meeting 6 13/05/2014
Slide 7: A responsible value creating transformation
A responsible value creating transformation General Shareholders Meeting 7 13/05/2014
Slide 8: Building a new model of sustainable chemistry
Building a new model of sustainable chemistry Building a strong leader contributing to the reshaping € 9,938 m 29,400 of the global chemical industry. net sales* employees** Asserting ourselves as a model of sustainable chemistry attracting and developing talented people who conceive, design and pro
Slide 9: Boosting our performance levers
Boosting our performance levers General Shareholders Meeting 9 13/05/2014
Slide 10: Creating responsible value
Creating responsible value General Shareholders Meeting 10 13/05/2014
Slide 11: Enhancing our business profile
Enhancing our business Solvay’s position profile in the global chemical market GROW Chemlogics PVC Chlor Chemicals IMPROVE OUR COMPETITIVENESS Indupa REDUCE OUR EXPOSURE Value-creation potential Solvay businesses of market segments Evolution of the Group’s average position General Shareholders Meeti
Slide 12: Growing by developing our production capacities
Growing by developing our production capacities Novecare > Specialty Surfactants plant in Germany Aroma Performance > Vanillin plant in China Specialty Polymers > Fluoro-polymers JV with 3F Silica > HDS plant in Poland 2014 85 ktonnes/year Expected Rusvinyl* > PVC plant in Russia (in JV with Sibur)
Slide 13: Innovating to create more sustainable solutions
Innovating to create more sustainable solutions 15 R&I centers 6 major Innovation fields allowing Solvay to meet the challenges of the next 20 years Advanced Eco- 1,960 R&I staff materials processes € 280 m Sustainable Advanced R&I efforts energy MEGATRENDS formulations 252 patents filed Organic Ren
Slide 14: Striving for excellence across all areas
Striving for excellence across all areas Positive impacts of excellence programs on REBITDA between 2013 and 2016 Commercial Innovation Operational excellence excellence + € 120 m + € 250 m + € 300 m Overall + € 670 m by 2016 General Shareholders Meeting 14 13/05/2014
Slide 15: Making commitments for a more sustainable chemistry
Making commitments for a more sustainable chemistry • Reach excellence in safety & health Planet • Deploy unmatched sustainable portfolio management • Reduce our environmental impact by 2020 Customers Emissions to water Investors Energy consumption Greenhouse gas emissions Groundwater consumption Su
Slide 16: A company culture focused on performance
A company culture focused on performance General Shareholders Meeting 16 13/05/2014
Slide 17: A strong management team with a proven track record
Executive Committee A strong management Leadership team with a Council proven track record General Shareholders Meeting 17 13/05/2014
Slide 18: Our financial and non-financial results
Our financial and non-financial results General Shareholders Meeting 18 13/05/2014
Slide 19: FY 2013 results: delivery in a challenging economic environment
FY 2013 results: delivery in a challenging economic environment Net Sales* REBITDA* € 9.9 bn € 1,663 m (5) % vs. 2012 (12) % vs. 2012 Net Income Free Cash Flow Net Debt € 378 m € 524 m € 1,102 m Adjusted, Group share At December 31, 2013 * Before restatement resulting from the application of IFRS 11
Slide 20: Social and environmental results
Social and environmental results 15.1 14.9 13.5 Accidents 2.92 Greenhouse involving 2.59 gas emissions(2) 2013 2012 2011 MtCO2 equivalent persons at Group’ sites(1) Accidents per million working hours. 227 222 1.06 168 MTAR : Medical Treatment Accident Rate Energy 2013 2011 2012 2011 2012 2013 Numbe
Slide 21: Q1 2014 results: encouraging start to the year
Q1 2014 results: encouraging start to the year Net Sales REBITDA +1% +11% € 2.6 bn yoy € 467 m yoy Net Income Free Cash Flow € 107 m +24% € (97) m yoy Adjusted, Group share General Shareholders Meeting 21 13/05/2014
Slide 22: Confident in our ability to build a new model of sustainable chemistry
Confident in our ability to build a new model of sustainable chemistry Poised On track towards Stronger for growth 2016 targets General Shareholders Meeting 22 13/05/2014
Slide 23: Asking more from chemistry
asking more from chemistry General Shareholders Meeting 23 13/05/2014
Slide 24: Annexes
Annexes General Shareholders Meeting 24 13/05/2014
Slide 25: Glossary
Glossary Adjusted performance indicators exclusively exclude non-cash Purchase Price Allocation (PPA) accounting impacts related to the Rhodia acquisition Adjusted net income (Solvay share) Net income (Solvay share) excluding non-cash Purchase Price Allocation (PPA) accounting impacts related to the
Slide 26: www.solvay.com
www.solvay.com S Oo LVAY asking more from chemistry®