Alstom Sa · EURONEXT:ALO
Alstom Sa — Investor Presentation (February 2012)
46 slides from Alstom Sa's investor presentation, February 2012
Slide 1: Alstom Renewable Power
Alstom Renewable Power February 2012
Slide 2: Agenda
Agenda Our Group Our Sector Our Offering Our Projects and references ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use or disclosure to third parties without express authority is strictly forbidden.
Slide 3: Alstom: a long lasting history
Alstom: a long lasting history A GROUP BORN IN 1928 • Creation of Alsthom through the merger of Thomson-Houston and Société Alsacienne de Constructions Mécaniques (SACM). • The first factory was based in Belfort, France. ALSTOM © 2011. We reserve all rights in this document and in the information co
Slide 4: Three main activities in four Sectors
Three main activities in four Sectors Equipment & Equipment & services services for for rail transport power generation ALSTOM THERMAL POWER ALSTOM TRANSPORT Equipment & services for power transmission ALSTOM RENEWABLE POWER ALSTOM GRID ALSTOM © 2011. We reserve all rights in this document and in th
Slide 5: Three main activities in four Sectors
Three main activities in four Sectors Grid Thermal Power 17% 3.6 €bn 9.7 €bn 46% 27% Transport 10% 5.6 €bn Renewable Power 2 €bn Total sales 2010/11: Organisation as of 4 July 2011 20.9 €billion ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduct
Slide 6: Transport Sector
Transport Sector DISTANCE Locomotives Very High Speed Tram Interurban Regional Train Metro High Speed SPEED N°2 in urban transportation (metro/tram) N°1 in high and very high speed ALSTOM TRANSPORT, A LEADER IN THE RAILWAY SECTOR ALSTOM © 2011. We reserve all rights in this document and in the infor
Slide 7: Grid Sector
Grid Sector New growth potential for the Group • Among the Top 3 in Transmission business • 20,000 employees, over €3.5 bn in sales, • Over 50 locations worldwide • Leader in key markets and fast-growing technologies (disconnectors, GIS, HVDC…) Strategic offering including Power Generation and Trans
Slide 8: Power Sectors: Thermal & Renewable Power
Power Sectors Thermal & Renewable Power RENEWABLES NUCLEAR LIFECYCLE MANAGEMENT FOSSIL • Largest integrated plant • 40% of the world’s • Most comprehensive range • 100 years of experience base nuclear plants use of renewable technologies in power Alstom equipment • First carbon capture and • World l
Slide 9: A major international presence
A major international presence Power ORDERS BY REGION AND Transport Grid ACTIVITY IN 2010/11 Europe North America 39% 13% Asia-Pacific 26% Africa Middle East 12% Latin America 10% ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use or dis
Slide 10: 93,500 employees worldwide in around 100 countries
93,500 employees worldwide in around 100 countries BY ACTIVITY BY REGION Asia & Pacific 21% Corporate 2% Thermal Grid 20% Africa & Middle Power 41% East - 3% South America - 6% Transport 26% North America - 11% Renewable Europe Power 11% 59% ALSTOM © 2011. We reserve all rights in this document and
Slide 11: Growth in orders
Growth in orders Order intake Order backlog + 28% + 10% 46.8 42.6 19.1 5.1 Grid Grid 3.5 14.9 23.3 22.2 Power 16.5 9.4 9.9 Power 9.4 8.1 19.2 19.5 Transport Transport 5.5 5.7 5.5 2009/10 2010/11 2009/10 2010/11 In billion euros ALSTOM © 2011. We reserve all rights in this document and in the informa
Slide 12: Financial results
Financial results Sales Income from Operations Net income ++6%6% -- 12% 12% - -62% 62% 20.9 20,9 1 779 1,779 1,217 1 217 19.7 1570 1,570 19,7 462 462 2009/10 2009/10 2010/11 2010/11 2009/10 2009/10 2010/11 2010/11 2009/10 2009/10 2009/10 2010/11 4,101 4,152 2,222 (1,286) Shareholders’ 31/03/10 equit
Slide 13: Agenda
Agenda Our Group Our Sector Our Offering Our Projects and references ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use or disclosure to third parties without express authority is strictly forbidden.
Slide 14: World Power Market
World Power Market Past 60 years Order in GW / Year 350 Steam Plant 300 GT Plant Coal CO2 free Hydro Boom Boom 250 Nuclear Wind CO2 200 1st Nuclear Solar free Wave Geothermal 150 Biomass 100 50 Gas Boom 45% 0 60 62 64 66 68 70 72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08 10 From 1978 exc
Slide 15: World Renewable Power Market
World Renewable Power Market 2001-2010 Order in GW / Year 120 100 Hydro 80 Wind XX55 60 Solar 40 Geothermal Biomass 20 Ocean 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Source: ALSTOM MACA 2011 IMPRESSIVE RENEWABLE GROWTH OVER THE LAST DECADE ALSTOM © 2011. We reserve all rights in this docu
Slide 16: Global Power Market forecast – medium term
Global Power Market forecast – medium term New Power Plants Orders in GW p.a China Russia & CIS NAM Europe India MEA LAM Asia Nuclear Steam Plant GT Plant Hydro Wind Renewable Solar Other DIVERSIFIED MIX, WITH GROWING SHARE OF RENEWABLE ALL ACROSS THE GLOBE Source: Alstom MACA 2011 ALSTOM © 2011. We
Slide 17: Technologies adapted to all Renewable energy sources
Alstom Renewable Power Technologies adapted to all Renewable energy sources WIND OFFSHORE WIND ONSHORE HYDRO TIDAL WAVE SOLAR THERMAL GEOTHERMAL BIOMASS FOR NEW PLANTS AND FOR THE INSTALLED BASE ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduct
Slide 18: Alstom Renewable Power Worldwide Presence
Alstom Renewable Power Worldwide Presence CANADA FRANCE Tracy, Hydro Levallois,Hydro, SWITZERLAND New Energies, Wind CHINA Granby, Hydro Baden, New Energies Grenoble, Hydro Tianjin, Hydro Birr, Hydro Moirans, Hydro Beijing, Wind Nantes, Ocean Energy Belfort, Hydro Tou
Slide 19: Most recent Manufacturing facilities
Most recent Manufacturing facilities High level of Capex in € million x2 Tianjin Hydro factory (China) Wind: US entry ongoing in phase 1 up and running Amarillo Texas FY07 FY08 FY09 FY10 Av FY- 11/12 IMMA Hydro factory (Brazil) Wind: Brazil entry ongoing in Inauguration March 2010 Salvador de Bahia
Slide 20: Alstom Renewable Power Organisation
Alstom Renewable Power Organisation Renewable Power Jérôme Pécresse Sales & Marketing Denis Cochet Finance Project Office Jean-Christophe Juillard Jacques Failliot Risk Management Strategy & Business Development Jacques Failliot Julien Pelcot Human Resources EHS François Roquebrune Philippe Fornage
Slide 21: Alstom Renewable Power Key figures
Alstom Renewable Power Key figures March 2011 In € million Actual Orders Received 1 953 Backlog 4 199 Sales 1 949 Income from operations 174 Operating margin % 8.9% Free Cash Flow (140) ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use
Slide 22: Agenda
Agenda Our Group Our Sector Our Offering Our Projects and references ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use or disclosure to third parties without express authority is strictly forbidden.
Slide 23: Alstom Power positioning since 2004
Alstom Power positioning since 2004 ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use or disclosure to third parties without express authority is strictly forbidden.
Slide 24: Clean Power Today
Clean Power Today® Stabilising Power Emissions is possible …… With solutions that are available today 1. Technology Mix Balancing the generation portfolio by significantly increasing the share of Renewable and CO2 free technology 2. Production Efficiency and Flexibility Efficiency is a key to emissi
Slide 25: Alstom Power offering
Alstom Power offering The cleanest integrated solutions… Architect Engineers (A/E) The optimum of the whole is superior to the sum of the optima Turnkey/EPC Competitor 1 Competitor 3 Competitor 2 Component suppliers …FOR NEW PLANTS AND THE INSTALLED BASE ALSTOM © 2011. We reserve all rights in this
Slide 26: Technologies adapted to all renewable energy sources
Alstom Renewable Power Technologies adapted to all renewable energy sources GAS COAL OIL HYDRO NUCLEAR (conventional Island)) WIND SOLAR THERMAL GEOTHERMAL BIOMASS …FOR NEW PLANTS AND THE INSTALLED BASE ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. R
Slide 27: Renewable Power Portfolio Timeline
Renewable Power Portfolio Timeline Geothermal ECO 100 ECO 110 Wind Off-shore Haliade Ocean Wave Energy 2009 2010 150x6MW 2015 Hydro 2011 Legs: 2007 2010 Hydro, Geothermal 2011 Futur Wind Solar CSP Biomass PSP Vitesse variable Solar Plants ECO 122 Ocean Tidal Energy Biomass 2008 2011 2011 2014 A CONT
Slide 28: Hydro product range
Hydro product range TURBINES GENERATORS CONTROL SYSTEMS HYDRO MECHANICAL …FOR NEW PLANTS, REFURBISHMENT AND SERVICES ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use or disclosure to third parties without express authority is strictly
Slide 29: Hydro product range
Hydro product range BULB KAPLAN FRANCIS PELTON PUMP TURBINE GOVERNING SYSTEM A RANGE OF TURBINES UP TO 900 MW AND GOVERNING SYSTEMS ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use or disclosure to third parties without express authori
Slide 30: Hydro product range
Hydro product range • Large and medium generators • Bulb generators • Small generators • Diesel generators • Motor generators • Excitation systems GENERATORS UP TO 1000 MVA, HIGH EFFICIENCY RATES FOR NEW & REFURBISHMENT PROJECTS ALSTOM © 2011. We reserve all rights in this document and in the inform
Slide 31: Hydro: Single component to full turnkey solutions
Hydro Single component to full turnkey solutions Hydro PlantLife™ Change of Operating Pattern Programme Environmentally Friendly Upgrade As is Replacement Modernisation & Cost of Ownership Lifetime Extension Operation & Maintenance Maintenance & Emergency Repair Condition Monitoring Penstocks & Gate
Slide 32: Wind: Broad product portfolio
Wind Broad product portfolio Output OFFSHORE PLATFORM: NEW 6 MW GENERATION • Power 6MW • Technology Direct Drive PMG • Status Prototypes: 2011-2012 6MW HALIADE 150 – 6MW offshore Preseries: 2013 Series: 2014 ECO 100 PLATFORM: HIGHER ENERGY YIELD • Power 3MW range 3.0MW • Rotor Ø 100m, 110m, 122m 2.7
Slide 33: Wind: Product platform evolution
Wind Product platform evolution 30 YEARS OF EXPERIENCE IN WIND TECHNOLOGY ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use or disclosure to third parties without express authority is strictly forbidden.
Slide 34: 6MW offshore wind turbine: Product roadmap and progress
6MW offshore wind turbine Product roadmap and progress 2011 2012 2013 2014 Onshore Offshore Pre-series Series prototype prototype BUILDING THE FIRST NEW GENERATION OF 6 MW OFFSHORE TURBINES ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction,
Slide 35: Biomass co-firing energy: significant potential to reduce CO2
Biomass co-firing energy: significant potential to reduce CO2 emissions POTENTIAL OF THE BIOMASS • Up to 20 % CO2 avoided • Retrofitable to existing coal plants • Flexibility – low incremental cost • Biomass combusted in highly efficient boilers • DRAX- UK’s largest coal fired plant – 4GW • 1.5 mill
Slide 36: Solar Thermal
Solar Thermal Solar Market BUSINESS • Develop an integrated solar thermal power plant solution PRODUCT PORTFOLIO FIT • ST • Generators • Boiler • EPC Capabilities HYBRID SOLUTIONS • New Plant & Retrofit BUSINESS COOPERATION WITH ALSTOM © 2011. We reserve all rights in this document and in the inform
Slide 37: Solar Thermal Technology
Solar Thermal Technology ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use or disclosure to third parties without express authority is strictly forbidden.
Slide 38: Geothermal energy: low in cost, low in GHG
Geothermal energy: low in cost, low in GHG Potential of the geothermal energy • Low in greenhouse gases • Provides a steady, continuous, 24/7 source of energy • Immune to fuel prices fluctuations • Low cost electricity generation • Los Humeros II, Mexico, geothermal project represents the return of
Slide 39: Ocean Energy: a clean and natural source of energy
Ocean Energy: a clean and natural source of energy • Potential to 100TWh of electricity worldwide (consumption equiv. 20 Million westerns) • Clean, natural, invisible • No greenhouse gases • 100% predictable and inexhaustible Southern Alaska, USA Pentland Firth, Scotland Anglesey, UK Channel Islands
Slide 40: Agenda
Agenda Our Group Our Sector Our Offering Our Projects and references ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use or disclosure to third parties without express authority is strictly forbidden.
Slide 41: Hydro main projects under execution
Hydro main projects under execution CANADA La Sarcelle 3 x 46 MW FRANCE SWITZERLAND CHINA La Romaine 2 2 x 320 MW Rizzanese 2 x 27 MW Linthal 2015 4 x 250 MW Xiang Jia Ba 4 x 800 MW Shipshaw 1 x 256 MW Nant de Drance 6 x 157 MW Three Gorges Und 2 x 700 MW SPAIN Ahai 5 x 400 MW La Muela II 4 x 215 MW
Slide 42: Our main references in Hydro
Our main references in Hydro CANADA FRANCE TURKEY CHINA La Grande 33 units, 8654 MW Grand Maison 12 units, 1800 MW 3 Gorges 14 x 700 MW Birecik 6 x 112 MW Peribonka 3 x 130 MW 3PSP 16 x 306 MW NORWAY Yedigoze 2 x 150MW Eastmain 3 x 160 MW Peng Shui 5 x 350 MW New Tyin 2 x 220 MVA Kavsakbendi 3 x 61
Slide 43: Wind projects under execution
Wind projects under execution UK TURKEY Maegswyn 26 MW Senkoy 27 MW Whitelee 217 MW JAPAN SPAIN Higashi Izu II 18 MW Sierra Lacera 38 MW FRANCE Vallée du Moulin 24 MW Landes de Couesmé 33 MW BRAZIL Brotas 95 MW Rei Dos Ventos 118 MW Miassaba 68 MW MOROCCO Akhfainir 102 MW ETHIOPIA Ashegoda 90 MW ALS
Slide 44: Our references in Wind
Our references in Wind USA 45 MW UK 258 MW INDIA 2 MW JAPAN 15 MW FRANCE 219 MW ITALY 184 MW SPAIN 1691 MW TURKEY 24 MW PORTUGAL 105 MW ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use or disclosure to third parties without express aut
Slide 45: Our references in Geothermal
Our references in Geothermal EL SALVADOR 10MW INDONESIA 20MW MEXICO 111MW NEW ZEALAND 191MW FRENCH WEST INDIES 5MW Los Azufres, Mexico ALSTOM © 2011. We reserve all rights in this document and in the information contained therein. Reproduction, use or disclosure to third parties without express auth
Slide 46: www.alstom.com
www. alstom.co ALSTOM