Andritz Ag · VIE:ANDR
Andritz — Investor Day (September 2021)
24 slides from Andritz's investor day presentation, Sep 15, 2021
Slide 1: ANDRITZ Capital Market Day 2021 - ANDRITZ Group
ANDRITZ CAPITAL MARKET DAY 2021 ANDRITZ GROUP WOLFGANG LEITNER SEPTEMBER 15, 2021
Slide 2: Chapter Overview
CHAPTER OVERVIEW 01 REVIEW ON CMD 2019 MAJOR DEVELOPMENTS 02 SINCE CMD 2019 03 ROADMAP 2022-2024 2 / ANDRITZ CMD 2021 - ANDRITZ GROUP, SEPTEMBER 15, 2021
Slide 3: Review CMD 2019: Roadmap 2020-2022 (I)
REVIEW CMD 2019: ROADMAP 2020 -2022 (I) TARGET STATUS • Successful launch of Metris UX – the ANDRITZ all-in-one Promote organic growth • Continue to develop intelligent mill services digital platform (Metris OPP, etc.) • Hydro O&M business: projects in >20 countries worldwide Achieved • Further expa
Slide 4: Review CMD 2019: Roadmap 2020-2022 (II)
REVIEW CMD 2019: ROADMAP 2020 -2022 (II) TARGET STATUS Some improvements in individual business areas/divsions achieved, Reduce negative cost deviations however still some more work to do Achieved • Schuler Squeeze-Out Full integration and exploitation • Re-organization of Metals Processing corporat
Slide 5: Chapter Overview
CHAPTER OVERVIEW 01 REVIEW ON CMD 2019 MAJOR DEVELOPMENTS 02 SINCE CMD 2019 03 ROADMAP 2022-2024 5 / ANDRITZ CMD 2021 - ANDRITZ GROUP, SEPTEMBER 15, 2021
Slide 6: Order Intake: Peak in 2019, Driven by Large Pulp Mill Orders
ORDER INTAKE: PEAK IN 2019, DRIVEN BY LARGE PULP MILL ORDERS Share of large orders >100 MEUR accounts for 10-20% of total order intake per year 7,282 6,646 6,101 1.358 6,018 660 6,108 5,707 5,611 5,569 5,580 666 635 273 832 117 1.423 4,924 393 • Record order intake in 2019 due to large 4,132 710 ord
Slide 7: ANDRITZ Nonwoven
ANDRITZ NONWOVEN Record order intake in 2020, good development continued in H1 2021 • Comprehensive product portfolio: from fiber ORDER INTAKE (IN MEUR) opening/blending, web forming, bonding to finishing and further processing for a wide range of nonwoven 493 end products • Record order intake in 2
Slide 8: Solid Financial Performance Despite Challenging Market Conditions
SOLID FINANCIAL PERFORMANCE DESPITE CHALLENGING MARKET CONDITIONS 2019-H1 2021 in MEUR 2019 2020 H1 2021 Order intake 7,282.0 6,108.0 3,591.8 Revenue 6,673.9 6,699.6 3,027.0 EBITA (EBITA margin / before NOI) 343.2 391.7 237.7 (5.1% / 6.8%) (5.8% / 7.0%) (7.9% / 8.1%) Net income (incl. non-controllin
Slide 9: Cost Reduction Measures Implemented at Very Early Stage of Pandemic
COST REDUCTION MEASURES IMPLEMENTED AT VERY EARLY STAGE OF PANDEMIC Turn temporary cost savings into permanent ones • Introduction of short working weeks in many locations (Austria, Germany, France) GOAL: continue cost containment and keep low cost base • Reduction of staff by ~10% compared to 2019,
Slide 10: EBITA Margin: Good Stability Over the Long-Term
EBITA MARGIN: GOOD STABILITY OVER THE LONG - TERM 2009-H1 2021 (in %) Average EBITA margin adjusted 2009-H1 2021: 6.9% Average EBITA margin reported 2009-H1 2021: 6.4% 8.1** 7,3 7,3 7.5* 7,2 8.3** 6,9 7.1** 6.9** 7.0** 7,9* 6,5 6.7* 6.5* 6.8** 6.0** 5,8* 5.1* 5,1* 3.7** 2.9* 2009 2010 2011 2012 2013
Slide 11: Important Orders Since 2019
IMPORTANT ORDERS SINCE 2019 Pulp & Paper Hydro Metals • Greenfield pulp mill orders from Bracell, • Two pump turbines for the Hatta • Press line for Volkswagen for the Klabin, and UPM Pumped Storage Power Plant production of exterior parts for the new in Dubai ID.3 electric car at the Zwickau plant
Slide 12: ANDRITZ - We Care: Our Approach to Sustainability
ANDRITZ – WE CARE: OUR APPROACH TO SUSTAINABILITY Multi dimensional, comprehensive and practice-oriented Our vision We are leader in sustainability in our chosen markets ENVIRONMENTAL SOCIAL GOVERNANCE Focus • Sustainable solutions • Attractive employer • Fair and ethical business practices • Climat
Slide 13: ESG Goals at a Glance
ESG GOALS AT A GLANCE Reduce lost time Reduce GHG emissions Reduce waste volume accident frequency rate by 50% until 2025 by 10% until 2025 (>1 day absence) by 30% every year Reduce water consumption 50% of revenue from Cover 85% of supply by 10% until 2025 sustainable solutions and volume with audi
Slide 14: Sustainable Solutions and Products
SUSTAINABLE SOLUTIONS AND PRODUCTS ANDRITZ already generates around 45% of its revenue from sustainable solutions and products ANDRITZ’s green products help to protect the environment and contribute towards decarbonization or carbon neutrality. PULP & PAPER METALS HYDRO SEPARATION AUTOMATION • Recov
Slide 15: Chapter Overview
CHAPTER OVERVIEW 01 REVIEW ON CMD 2019 02 03 ROADMAP 2022-2024 15 / ANDRITZ CMD 2021 - ANDRITZ GROUP, SEPTEMBER 15, 2021
Slide 16: Pulp & Paper Capital: Major Achievements and Road Ahead
PULP & PAPER CAPITAL: MAJOR ACHIEVEMENTS AND ROAD AHEAD MAJOR ACHIEVEMENTS SINCE 2019 • Three greenfield pulp mill orders received confirm strong competitive position THE ROAD AHEAD: • Market leader in high-capacity fiberlines • Continue to grow business volume and • Market leader in viscose pulp pr
Slide 17: Pulp & Paper Service: Major Achievements and Road Ahead
PULP & PAPER SERVICE: MAJOR ACHIEVEMENTS AND ROAD AHEAD MAJOR ACHIEVEMENTS SINCE 2019 • Successful integration of Xerium into ANDRITZ Fabrics & Rolls THE ROAD AHEAD: • Maintained high profitability despite global • Continue to grow faster than the market economic crisis caused by the pandemic • Succ
Slide 18: Metals Forming: Major Achievements and Road Ahead
METALS FORMING: MAJOR ACHIEVEMENTS AND ROAD AHEAD MAJOR ACHIEVEMENTS SINCE 2019 • Full restructuring and capacity reductions to adjust cost base to lower market volume THE ROAD AHEAD: → Turnaround achieved in Q1 2021 • Successful development of “B-segment” • Continue implementation of restructuring
Slide 19: Metals Processing: Major Achievements and Road Ahead
METALS PROCESSING: MAJOR ACHIEVEMENTS AND ROAD AHEAD MAJOR ACHIEVEMENTS SINCE 2019 • Market leadership in Advanced high-strength steel (AHSS) and tailor welded blanks THE ROAD AHEAD: • Adjustment of organizational structure and cost base to improve competitiveness • Continue to adjust cost base to b
Slide 20: Hydro: Major Achievements and Road Ahead
HYDRO: MAJOR ACHIEVEMENTS AND ROAD AHEAD MAJOR ACHIEVEMENTS SINCE 2019 • Resizing corporate structure and capacities to market volume THE ROAD AHEAD: • Maintain satisfactory profitability despite decline in revenue • Maintain/improve profitability • Receipt of several reference orders • Further expa
Slide 21: Separation: Major Achievements and Road Ahead
SEPARATION: MAJOR ACHIEVEMENTS AND ROAD AHEAD MAJOR ACHIEVEMENTS SINCE 2019 • Establishment as major global player in growing markets (starch, lithium, sludge separation/drying) THE ROAD AHEAD: • Strong expansion of digital product portfolio and offerings (IIOT solutions) → e.g. Metris • Enter new f
Slide 22: EBITA Margin Goals for Business Areas
EBITA MARGIN GOALS FOR BUSINESS AREAS EBITA margin by business area (in %) PULP & PAPER METALS 9.5 9.9 9.4 9.7 10.4 8.7 8.7 7.1 7.2 6.0 Long-term Long-term 5.2 4.1 4.1 goal: goal: 10.0-11.0% 2.4 6.0-7.0% 1.7 COMFIRMED COMFIRMED 2013 2014 2015 2016 2017 2018 2019 2020 HY21 2013 2014 2015 2016 2017 20
Slide 23: Group Roadmap 2022-2024
GROUP ROADMAP 2022-2024 • Group business volume well above 7 billion EUR, including M&A towards 8 billion EUR • EBITA margin at solid 8% • Net income to increase to >5% • Continue M&A strategy within existing business areas • Reach ESG targets 23 / ANDRITZ CMD 2021 - ANDRITZ GROUP, SEPTEMBER 15, 202
Slide 24: Many Thanks!
ANDRITZ CAPITAL MARKET DAY 2021 MANY THANKS! SEPTEMBER 15, 2021