Vonovia Se · XETR:VNA
Vonovia — Investor Day (June 2019)
19 slides from Vonovia's investor day presentation, Jun 5, 2019
Slide 1: Capital Markets Day 2019
-~ y) ~ YONOVIA Capital Markets Day 2019
Slide 2: Capital Markets Day 2019 Management Presentation
Capital Markets Day 2019 Management Presentation Frankfurt June 05, 2019
Slide 3: Today's Breakout Sessions
Today’s Breakout Sessions Digitalization around Digitalization around Strategy execution the customer the assets in Southern Germany Vonovia Page 3 Management Presentation Capital Markets Day 2019
Slide 4: We Have Built a Business around Megatrends: Urbanization
We Have Built a Business around Megatrends Urbanization Increasing urbanization in Germany and Europe meets a structural supply/demand imbalance in most European cities Owning apartments in the right locations is key to sustainable long-term organic growth 87% 84% % of 79% population 77% living in c
Slide 5: We Have Built a Business around Megatrends: Demographic change
We Have Built a Business around Megatrends Demographic change Demographic changes demand the refurbishment of apartments to enable an ageing population to stay in their homes with little or no assistance for longer Ca. 3 million additional apartments for elderly people will be needed by 2030 21% 18%
Slide 6: We Have Built a Business around Megatrends: Energy efficiency
We Have Built a Business around Megatrends Energy efficiency Ca. 35% of greenhouse gas emissions in Germany originate in real estate Energy efficient modernization of the housing stock with a view towards reducing CO2 emissions is paramount for Germany to achieve its climate protection targets ~5% ~
Slide 7: Our Sustainability Report
Our Sustainability Report Sustainability management at Vonovia has four dimensions Corporate Governance Society and Customers Trust, transparency and reliability are crucial for our The satisfaction of our customers, the quality of our long-term success portfolio and our ability to provide new homes
Slide 8: Increased Energy Efficiency on a Larger Portfolio
Increased Energy Efficiency on a Larger Portfolio Declining energy intensity and consumption Average portfolio size Total energy intensity +4% -3% 2017 2018 2017 2018 Total consumption of natural gas Total consumption of heating oil -3% -13% 2017 2018 2017 2018 Note: See Sustainability Report for fu
Slide 9: Waste Management
Waste Management Reduction of volume across all waste types Our customers can protect the environment by creating less waste and increasing the amounts they recycle We actively support these efforts and are developing standardized, modular concepts for outdoor garbage collection points to facilitate
Slide 10: Renewable Energy Generation
Renewable Energy Generation Increasing capacity Lower resource consumption and higher energy efficiency are important strategies for reducing greenhouse gas emissions Increasing renewable energy sources and decentralized energy generation Total renewable energy generation (MWh) 15,088 Heat from coge
Slide 11: Megatrend Digitalization
Megatrend Digitalization Digitalization is transforming entire industries, and the Internet and digital applications have profoundly reshaped the way we live and communicate 2018 – One Minute on the Internet % of Smartphone Users in Germany 81% 74% 65% 59% 55% 41% 36% 2012 2013 2014 2015 2016 2017 2
Slide 12: Digitalization at Vonovia
Digitalization at Vonovia Two main areas: customers and assets How we interact with our customers How we manage our assets Our customers today and even more so tomorrow Technical property management aims to digitalize increasingly engage in digital communication. They the entire asset life cycle alo
Slide 13: Operating Platform
Operating Platform Single integrated IT system forms the backbone One integrated property management platform for automated and integrated processes in a mass business Central and local services all SAP-based with every satellite system connected to one single platform Data storage on Vonovia server
Slide 14: Digitalization of a High-volume Service Business
Digitalization of a High-volume Service Business Scale as key lever in digital transformation The lever for digitalization increases with size and becomes particularly powerful when you can digitally transform high volumes of standardized mass processes 3,300 714,000 elevators recoverable 8,000,000
Slide 15: Digitalization Benefits
Digitalization Benefits Two main positive effects Improved customer satisfaction Cost per unit reduction Following cost reduction from scale and process Up-to-date, multichannel communication improvements, digitalization can be one of the with our customers next drivers 1,000 € Shorter response time
Slide 16: Peer Comps: Leading rent growth and highest maintenance level
Peer Comps Leading rent growth and highest maintenance level Organic rent growth Maintenance expense (€/sqm) 5% 13 12 4% 11 10 3% 9 8 2% 7 1% 6 2013 2014 2015 2016 2017 2018 2019(E) 2013 2014 2015 2016 2017 2018 VNA (Germany) DW LEG VNA (Germany) DW LEG Source: Company data as published. Vonovia Pag
Slide 17: Peer Comps: No valuation differences
Peer Comps There are no valuation differences – only exposure to different markets Fair value (€/sqm) – Berlin portfolio Fair value (€/sqm) – NRW portfolio 2,370 2,404 1,295 1,279 VNA (Berlin Regional Market) DW (Greater Berlin) VNA LEG Including and weighted on the basis of the eight specific locat
Slide 18: Agenda for Today
Agenda for Today Team Vision Team Digital Team Future 8:30 – 9:00 Registration / Coffee 9:00 – 9:40 Management presentation 9:40 – 10:00 Coffee break Breakout session Round I 10:00 – 10:45 Strategy execution Digitalization around the customer Digitalization around the assets in Southern Germany Brea
Slide 19: Disclaimer
Disclaimer Statement of Confidentiality This presentation has been prepared by Vonovia SE and/or its subsidiaries (collectively referred to as “Vonovia”) for internal purposes. As a result, it cannot be considered a sufficient or appropriate basis for third-party purposes. This presentation has been