Kongsberg Gruppen Asa · OSL:KOG
Kongsberg Gruppen Asa — Investor Day (November 2014)
30 slides from Kongsberg Gruppen Asa's investor day presentation, Nov 5, 2014
Slide 1: Kongsberg Defence Systems
Kongsberg Defence Systems President & EVP Harald Ånnestad © 2014 KONGSBERG – All rights reserved.
Slide 2: Agenda
Agenda • Introduction – This is KDS • Business Model • Achievements since CMD 2013 • Innovation • The Defence Market • A KDS Delta One project © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 2
Slide 3: Sea – Land – Air – Space
Sea – Land – Air – Space • Command and control, surveillance, tactical communication, missiles, space and aero structures • 23 offices in 19 countries • 1 675 employees • LTM Revenues MNOK 4 714 • Order Backlog MNOK 8 856 • International success in selected segments A modern portfolio positioned for
Slide 4: Kongsberg Defence Systems: Integrated Defence Systems and Communications
Kongsberg Defence Systems Integrated Defence Systems Communications Main offerings Main offerings • NASAMS and Air defence solutions • Tactical Communications Systems • NATO programs including AGS and AWACS • Broad range of products for most tactical applications • Artillery fire control and Army Ve
Slide 5: Kongsberg Defence Systems: Naval Systems and Space & Surveillance
Kongsberg Defence Systems Naval Systems Space & Surveillance Main offerings Main offerings • MSI-90U Mk2 CMS, Navigation and Sonar Systems, • Booster attachment & release mechanisms PROTEUS • Mechanisms and electronics for satellites • Turn-key ground stations for satellites • Satellite operations a
Slide 6: Kongsberg Defence Systems: Aerostructures and Missile Systems
Kongsberg Defence Systems Aerostructures Missile Systems Main offerings Main offerings • Composites and metallic structures • NSM, JSM and Penguin • Repair and overhaul • NSM and JSM are the world’s only 5th generation anti-ship missiles Systems typically used for Systems typically used for • Aircra
Slide 7: International success has resulted in improved margins
International success, has resulted in improved margins Revenues, MNOK 1 619 Key revenue and 1,239 1,258 1 291 EBITDA drivers 1,061 1,110 1,178 1,063 920 940 979 988 884 784 884 • International sales • Financed development Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 programs 2011 2012 2013 2014 • S
Slide 8: Agenda
Agenda • Introduction – This is KDS • Business Model • Achievements since CMD 2013 • Innovation • The Defence Market • A KDS Delta One project © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 8
Slide 9: International success in selected markets
International success in selected markets - built on broad position in the home market Competitive position within international The Norwegian industrial partnership position has defense business differs with level of industrial been the cradle to new products and to partnership international market
Slide 10: Our global business system
Our global business system - with local offices in 19 countries, ensures access to all important markets and proximity to customers Revenue split, 2013 Employee split, 2013 MNOK # employees 4,654 1,747 Norway 1,440 1,681 International 3,214 66 Kongsberg Defence Systems © 2014 KONGSBERG – All rights
Slide 11: Our global business system
Our global business system - complemented with key partners in 14 countries. © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 11
Slide 12: Agenda
Agenda • Introduction – This is KDS • Business Model • Achievements since CMD 2013 • Innovation • The Defence Market • A KDS Delta One project © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 12
Slide 13: NASAMS – An international success
NASAMS – An international success © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 13
Slide 14: JSM Phase III contract signed
JSM Phase III contract signed © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 14
Slide 15: Important Commercial Breakthrough Contracts
Important Commercial Breakthrough Contracts © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 15
Slide 16: KARMA; New Satellite Product Family
KARMA; New Satellite Product Family © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 16
Slide 17: Aerostructures ready for the next 20 years
Aerostructures ready for the next 20 years © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 17
Slide 18: KDS has maintained Helicopters for 40 years
KDS has maintained Helicopters for 40 years Agreements signed in 2014 secures the next 40 © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 18
Slide 19: Important contracts with RNoN
Important contracts with RNoN © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 19
Slide 20: NSM firing during RIMPAC
NSM firing during RIMPAC © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 20
Slide 21: Teaming Agreement with Raytheon
Teaming Agreement with Raytheon © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 21
Slide 22: NSM Firing from LCS#4, Coronado
NSM Firing from LCS#4, Coronado © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 22
Slide 23: World Leading Band IV RL
World Leading Band IV RL < © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 23
Slide 24: Agenda
Agenda • Introduction – This is KDS • Business Model • Achievements since CMD 2013 • Innovation • The Defence Market • A KDS Delta One project © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 24
Slide 25: Agenda
Agenda • Introduction – This is KDS • Business Model • Achievements since CMD 2013 • Innovation • The Defence Market • A KDS Delta One project © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 26
Slide 26: 2014-15 is expected to be the turning point
2014-15 is expected to be the turning point +3% -2% 432 442 414 421 393 390 387 393 RoW 30% 44% 33% 42% 43% 38% 41% 43% USA/EUR 70% 67% 62% 58% 57% 56% 59% 57% 2011 2012 2013 2014 2015 2016 2017 2018 Source: Jane's Defence Budgets, 28 Oct 2014. Global top 89 countries. Markets is sum of Procurement
Slide 27: Agenda
Agenda • Introduction – This is KDS • Business Model • Achievements since CMD 2013 • Innovation • The Defence Market • A KDS Delta One project © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and dedication Page 28
Slide 28: KDS Initiative: Titan Spar
KDS Initiative: Titan Spar Change of production method • Today 488 kg titan to 8 kg complete Titan Spar From Water Cutting to Die Forging • Reduce incomming titan fram 488 kg to 147 kg Saving 70 % Titan © 2014 KONGSBERG – All rights reserved. 05.11.2014 WORLD CLASS - through people, technology and d
Slide 29: KDS expects continued growth based on our strong value and performance culture
KDS expects continued growth based on our strong Value and performance culture • Modern well positioned product portfolio – a solid base for business opportunities • Solid backlog of orders – book/bill ratio > 1 • DeltaOne improves competitiveness • Strategic Partnership • We expect growth going for
Slide 30: WORLD CLASS - through people, technology and dedication
05.11.2014 WORLD CLASS - through people, technology and Page dedication 31