Sika Ag · SIX:SIKA
Sika — Investor Day (2018)
25 slides from Sika's investor day presentation, 2018
Slide 1: Region Global Business – Driving Growth with Global Reach and Local Presence
REGION GLOBAL BUSINESS – DRIVING GROWTH WITH GLOBAL REACH AND LOCAL PRESENCE THOMAS HASLER, HEAD GLOBAL BUSINESS AND INDUSTRY SIKA CAPITAL MARKETS DAY 2018
Slide 2: Table of Contents
TABLE OF CONTENTS 1. NEW REGION GLOBAL BUSINESS 2. EXPANDING AUTOMOTIVE PORTFOLIO THROUGH ACQUISITIONS 3. POWERHOUSE IN AUTOMOTIVE: LIGHTWEIGHT, ACOUSTIC, E-VEHICLE 4. GLOBAL REACH, LOCAL PRESENCE: CONTINUOUS INCREASE IN VEHICLE CONTENT 2
Slide 3: 1. New Region Global Business
1. NEW REGION GLOBAL BUSINESS
Slide 4: New Region Global Business: Capturing Potential of Global Accounts
NEW REGION GLOBAL BUSINESS CAPTURING POTENTIAL OF GLOBAL ACCOUNTS The underlying rationale Perfect set-up for capturing potential of global OEM accounts in Automotive, Transportation and Appliance industries Ideal set-up for Tier 1 and Tier 2 customers in highly consolidated market segments such
Slide 5: New Region Global Business: Strategy Going Forward
NEW REGION GLOBAL BUSINESS STRATEGY GOING FORWARD INCREASE CONTENT PER VEHICLE TO MARKET PENETRATION >CHF 10 BY 2022 INNOVATION >30% OF NET SALES WITH PRODUCTS INTRODUCED LAST 5 YEARS EMERGING MARKETS EMERGING MARKET GROWTH RATES DOUBLE THOSE OF MATURE MARKETS ACQUISITIONS ACTIVE MARKET CONSOLIDATOR
Slide 6: 2. Expanding Automotive Portfolio Through Acquisitions
2. EXPANDING AUTOMOTIVE PORTFOLIO THROUGH ACQUISITIONS
Slide 7: Faist ChemTec Acquisition: Acquisitions as Growth Platform
FAIST CHEMTEC ACQUISITION ACQUISITIONS AS GROWTH PLATFORM Leading manufacturer of high-performance engineered, structure-borne acoustic solutions for automotive and appliances industry Faist ChemTec’s innovations are driven by megatrends, such as increased need for comfort and lightweight constr
Slide 8: Sika and Faist – Ability to Offer the Full Acoustic Package
SIKA AND FAIST – ABILITY TO OFFER THE FULL ACOUSTIC PACKAGE NOISE, VIBRATION AND HARSHNESS IN THE BODY SHOP 3 1 Air-borne noise reduction SikaBaffle® 2 Structure-borne noise 2 damping 1 SikaDamp® 2 1 3 Structural reinforcing Air-borne Structure-borne Reinforcing SikaReinforcer® Sika +++++ ++ +++++ F
Slide 9: Axson Technologies Acquisition: Acquisitions as Growth Platform
AXSON TECHNOLOGIES ACQUISITION ACQUISITIONS AS GROWTH PLATFORM World leader in high-performance resin formulation on epoxy and polyurethane polymer basis Application areas: tooling and prototyping, composites, electronic potting Industries: automotive, transportation, marine, renewable energy,
Slide 10: Sika and Axson – Enabling E-Mobility Solutions for Battery and Electric Components
SIKA AND AXSON – ENABLING E-MOBILITY SOLUTIONS FOR BATTERY AND ELECTRIC COMPONENTS Source: BMW® AG Encapsulation materials for e-motors allow betters designs and higher performance Smaller and lighter motors Extension of service life Increased engine power Thermal conductive materials protect
Slide 11: 3. Powerhouse in Automotive: Lightweight, Acoustic, E-Vehicle
3. POWERHOUSE IN AUTOMOTIVE: LIGHTWEIGHT, ACOUSTIC, E-VEHICLE
Slide 12: Powerhouse in Automotive: Lightweight, Acoustic, E-Vehicle
POWERHOUSE IN AUTOMOTIVE: LIGHTWEIGHT, ACOUSTIC, E-VEHICLE SIKA STRUCTURAL ADHESIVES ENABLE LIGHTWEIGHT VEHICLE CONSTRUCTION FAIST AND SIKA COMBINED – A POWERHOUSE FOR ACOUSTIC SOLUTIONS SIKA HAS THE SOLUTIONS TO MEET THE CHALLENGES OF E-VEHICLE DESIGN AND SOUNDPROOFING 12
Slide 13: SikaPower Structural Adhesives for Lightweight Vehicle Construction
SikaPower® STRUCTURAL ADHESIVES FOR LIGHTWEIGHT VEHICLE CONSTRUCTION SikaPower® structural adhesive for the automotive industry Lightweight construction and multi- material design are megatrends in the automotive industry Adhesive bonding is becoming the supreme joining technology More safety,
Slide 14: Megatrend – Lightweight Vehicles, Multi-Material Body: BMW 7 Series
MEGATREND – LIGHTWEIGHT VEHICLES, MULTI-MATERIAL BODY EXAMPLE BMW 7 SERIES APPLICATION HIGHLIGHT: Mixed material bonding; steel – CFRP – aluminum CHALLENGE: Solving the effect of high forces in bond lines due to different thermal expansions of metals and CFRP SOLUTION: Crash-resistant SikaPower® MBX
Slide 15: SikaPower Sales Development
SikaPower® SALES DEVELOPMENT 2014 2015 2016 2017 FC 2018 21% ANNUAL AVERAGE GROWTH 15
Slide 16: Megatrend – Electric Vehicles: Established Applications and New Opportunities
MEGATREND – ELECTRIC VEHICLES ESTABLISHED SIKA APPLICATIONS AND NEW OPPORTUNITIES POTENTIAL OF 20% MORE SIKA SOLUTIONS IN ELECTRIC VEHICLES E-platforms require lightweight construction Unique body structures require refined reinforcement solutions to ensure crash performance Comprehensive acou
Slide 17: Megatrend – Electric Vehicles: Sika Offers the Solutions
MEGATREND – ELECTRIC VEHICLES SIKA OFFERS THE SOLUTIONS CHALLENGE The success of electric cars depends on powerful batteries. More powerful batteries generate more heat and present a risk of overheating. Conventional adhesives have an insulating effect and retain heat. SOLUTION The Sika-developed te
Slide 18: Megatrend – Electric Vehicles: Sika Offers the Solutions (Buses)
MEGATREND – ELECTRIC VEHICLES SIKA OFFERS THE SOLUTIONS CHALLENGE In electric buses the battery is a particular concern given the possible risk of a heat build-up. Therefore fire safety requirements are stringent. SOLUTION Applying the fire protection coating Sika® Unitherm® Platinum to the battery
Slide 19: 4. Global Reach, Local Presence: Continuous Increase in Vehicle Content
4. GLOBAL REACH, LOCAL PRESENCE: CONTINUOUS INCREASE IN VEHICLE CONTENT
Slide 20: Sika Automotive: Global Reach, Local Presence
SIKA AUTOMOTIVE GLOBAL REACH, LOCAL PRESENCE
Slide 21: New Automotive Factory in Queretaro, Mexico
NEW AUTOMOTIVE FACTORY IN QUERETARO, MEXICO STRATEGICALLY LOCATED TO SERVE FAST GROWING MARKET Mexico to become the sixth largest car manufacturer in the world Manufacture of full range of acoustic treatments and body structural products for growing number of Original Equipment Manufacturer (OEM
Slide 22: Continuous Increase in Vehicle Content
CONTINUOUS INCREASE IN VEHICLE CONTENT STRONG LOCAL PRESENCE WITH ALL TECHNOLOGIES AVERAGE VEHICLE CONTENT VW GOLF 7, E-GOLF DODGE RAM 1500 CONTENT: > CHF 40 CONTENT: > CHF 30 TESLA MODELS X, S AUDI A3, A4, A5 10.68 9.79 CONTENT: > CHF 70 CONTENT: > CHF 40 8.89 8.06 JAGUAR F-PACE MERCEDES S-CLASS 7.
Slide 23: Thank You for Your Attention
THANK YOU FOR YOUR ATTENTION
Slide 24: Breakout Sessions Timeline - Group Rotation
BREAKOUT SESSIONS TIMELINE - GROUP ROTATION 10:30 - 11:05 11:10 - 11:45 11:50 – 12:25 12:30 – 1:05 2:10 – 2:50 1:05 – 2:05 Group 1 Plant Concrete Retail Going for megacities Industry Going for megacities Group 2 Concrete Retail Plant Industry Lunch Group 3 Retail Going for megacities Plant Concrete
Slide 25: Forward-Looking Statement
FORWARD-LOOKING STATEMENT This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as ‘expects’, ‘believes’, ‘estimates’, ‘anticipates’, ‘projects’, ‘intends’, ‘should’, ‘seeks’, ‘future’ or similar expressions or by discussion o