Orica Limited · ASX:ORI
Orica — Investor Presentation (July 2008)
27 slides from Orica's investor presentation, Jul 2, 2008
Slide 1: Orica Mining Services Europe, Middle East and Africa (EMEA)
Orica Mining Services Europe, Middle East and Africa (EMEA) Knut Reed President Gyttorp, Sweden 2. July 2008
Slide 2: Content
Content Orica EMEA Products Orica EMEA Market Main Competitors
Slide 3: Orica EMEA
Orica EMEA ORICA Europe, Middle East and Africa (EMEA) is organised in 5 subregions. The EMEA HQ is located in Troisdorf, Germany • Europe; [Continental Europe; incl. UK, Ireland and Baltics] HQ Troisdorf, Germany • Middle East & Africa; HQ Johannesburg, Republic of South Africa • Nordics; HQ Oslo,
Slide 4: Orica EMEA
Orica EMEA • 1872 people • 18 different languages • 5% of employees speak English as a first language • Time shift -1 to + 11 GMT • 212 bulk underground and surface units • 6 packaged plants • 7 bulk emulsion production plants • Global IS plant in Gyttorp, Sweden • More than 3000 Customers in total
Slide 5: Orica EMEA
Orica EMEA Oslo Moscow Troisdorf Ankara Johannesburg Blue = own locations & operations Yellow = Trade & Service
Slide 6: Orica EMEA: Nordics
Orica EMEA Greenland Iceland den d Nordics lan Swe Faroe way Fin Islands (DK) Norway No r Oslo Sweden Denmark Denmark Revenue 2007: 270 A$m Employees 2007: 654 Orica is Market Leader Blue = own locations & operations Yellow = Trade & Service
Slide 7: Orica EMEA: Europe
Orica EMEA Europe Ireland UK Germany Poland Troisdorf Germany Czech Rep. UK Slovakia Ireland Spain Bulgaria Bulgaria Poland Czech Rep. Spain Slovakia Estonia Orica Nitro JV, Turkey Revenue 2007including Turkey: 275 A$m Georgia Employees 2007including Turkey: 793 Orica is joint leading supplier Blue
Slide 8: Orica EMEA: CIS
Orica EMEA Russia Moscow CIS Kazakhstan Russia Kazakhstan Kyrgyzstan Kyrgyzstan Revenue 2007: 12 A$m Employees 2007: 255 Growth Opportunity Blue = own locations & operations Yellow = Trade & Service
Slide 9: Orica EMEA: Middle East & Africa
Orica EMEA Middle East & Africa UAE RSA Ghana Tanzania Zambia Ghana UAE Tanzania Growth Opportunity Zambia Revenue 2007: 33 A$m Employees 2007: 170 Johannesburg Blue = own locations & operations RSA Yellow = Trade & Service
Slide 10: EMEA organisation structure
Orica EMEA President EMEA Knut Reed VP Finance VP HR VP SHE & S VP Supply Chain VP Marketing , Fleet & VP Middle East & Orica Nitro , VP Nordics VP Europe VP CIS IS Rationalisation Technical Services Africa Turkey (51 %) Gyttorp /Troisdorf Product Norway Germany Russia United Arab Georgia Management
Slide 11: Content
Content Orica EMEA Products Orica EMEA Market Main Competitors
Slide 12: Products: Gyttorp
Products Gyttorp • Global IS plant for electric and non- electric detonators • Capacity ~50m units • Products: • Elemented caps - Delay compound - Delay element - Shell and delay sleeves - Initiation element • Pack Out • Fuse heads • Shock Tube extrusion • Electrical Assembly • Nonel and Exel Assemb
Slide 13: Products: IS Products
Products IS Products Electric Detonators Non-Electric Detonators
Slide 14: Products: Bulk & Packaged plants
Products Bulk & Packaged plants Bulk plant Packaged plant
Slide 15: Products: Delivery Systems
Products Delivery Systems
Slide 16: Products: Technical Service & Customer Support
Products Technical Service & Customer Support • Blast Based Service • Technical Support • Customer Training • Laser Measurements • Vibration Measurements • Blast Design with SHOTPlus-i
Slide 17: Bulk Explosives in EMEA
Products Bulk Explosives in EMEA • Total market: > 1,5 mio. t • Market Segments: – Surface Mininig: > 800.000 t – Underground Mining: > 400.000 t – Quarry & Construction: > 300.000
Slide 18: Cartridge Explosives EMEA
Products Cartridge Explosives EMEA • Total market: < 1,0 mio. t • Market Segments: – Surface Mininig: > 500.000 t – Underground Mining: > 250.000 t – Quarry & Construction: > 200.000
Slide 19: Content
Content Orica EMEA Products Orica EMEA Market Main Competitors
Slide 20: Orica EMEA Market
Orica EMEA Market Markets 2007 Revenue EMEA has several channels to market, ranging from direct distribution sales to end customers selling via competitors in selected markets Distrib. 27% End User 73% Products Coal 1% Bulk and IS (Nonel and electronic detonators) are the main Metals 14% products. I
Slide 21: Orica EMEA Market
Orica EMEA Market 1 3 5 2 4 7 8 6 11 12 9 10 13 1 Iceland / Greenland 14 2 Sweden, Norway, Denmark 3 Finland 15 4 Baltics 5 North West Russia 6 KMA 7 Urals 16 8 Kuzbass 17 9 Central Asia 10 Western Europe 11 Central Europe 12 Ukraine + Belarus 13 Sourthern Europe 14 Turkey 18 15 Turkey Plus 16 West
Slide 22: Financial Performance
Orica EMEA Market Financial Performance 650 590 600 550 500 450 400 353 350 Sales A$m 300 Ebit 242 250 209 189 200 150 94 100 50 22 26 31 50 0 2003 2004 2005 2006 2007 Actual results to March 2008: Sales A$m 291; EBIT A$m 45
Slide 23: Geographic Strategic initiatives
Orica EMEA Market Geographic Strategic initiatives • Maintain and Protect privileged positions – in Norway, Sweden, Germany, UK, Estonia and Turkey through operational efficiency,distribution networks and customer intimacy – Differentiation • Selectively Grow in Continental Europe – through M&A to i
Slide 24: Opportunities
Orica EMEA Market Opportunities • Arabian Canal Project, Dubai • Mining industry in CIS and Africa EMEX Old factory • EU investments in Eastern Europe area • Infrastructure and mining in Nordics • Orica technologies and technical support • Orica´s global footprint and Limitless A Dubai World Company
Slide 25: Content
Content Orica EMEA Products Orica EMEA Market Main Competitors
Slide 26: Main Competitors
Main Competitors Orica EMEA • HQ in Troisdorf, Germany • Global HQ in Melbourne, Australia • public company „shareholder company“ • ”global player” • Joint leader in EMEA together with Maxam (sales A$600m) EPC • HQ in Paris, France • public company noted on the Paris stock exchange • „only EMEA play
Slide 27: Conclusion
Conclusion • Excellent geographic footprint to fuel growth • Continue to pursue core strategy and expand in emerging markets • Leading industry in innovation and technology • Quality team; proven track record • Serving a robust and growing sector • Delivering sustainable value