Vallourec Sa · EURONEXT:VK
Vallourec Sa — Investor Presentation (November 2018)
27 slides from Vallourec Sa's investor presentation, Nov 30, 2018
Slide 1: Leader in Premium Tubular Solutions
LEADER IN PREMIUM TUBULAR SOLUTIONS 2019 Group presentation 2018 Financial year 1
Slide 2: Table of Contents
TABLE OF CONTENTS 1 Who we are? 2 Our activities 3 Our assets and commitments 2019 Group Presentation November 30, 2018 2
Slide 3: Who We Are?
Y vallourec WHO WE ARE?
Slide 4: Solution-Makers
SOLUTION-MAKERS The benchmark reference The largest portfolio of tubular solutions on our markets for the energy sector and other applications products and services for every segment, that present the most demanding challenges from standard to premium Close to our customers Highly innovative in more
Slide 5: A Trusted Partner
A TRUSTED PARTNER 2,364 3,921m 150m Sales kt Volume € Sales € EBITDA Asia & Middle East 27.7% Europe Turnover 15% Rest of the world 8.7% 2018 South America North America 15.9% 32.7% 2019 Group Presentation November 30, 2018 5
Slide 6: Wherever Our Customers Need Us
WHEREVER OUR CUSTOMERS NEED US Pipe mills Steel mills R&D centers Finishing units Sales and services offices Forest and mine VALLOUREC’S NEW INDUSTRIAL FOOTPRINT FEATURES EQUIVALENT CAPACITIES IN FOUR REGIONS. EACH SERVES ITS MARKETS THROUGH ROUTES OPTIMIZED FOR COST AND TIME, FROM PRODU
Slide 7: Our Businesses
OUR BUSINESSES 71.7% 7.4% 20.9% OIL & GAS POWER GENERATION INDUSTRY AND OTHERS (including petrochemicals) 2019 Group Presentation November 30, 2018 7
Slide 8: Our Activities
Y vallourec y, OUR ACTIVITIES
Slide 9: At the Heart of the Most Complex Industrial Applications
AT THE HEART OF THE MOST COMPLEX INDUSTRIAL APPLICATIONS OIL & GAS Premium tubes, connections and services for exploration and operation of oil and gas fields, including the most complex ones POWER GENERATION A wide range of tubes needed to build conventional and nuclear power plants INDUSTRY Hollow
Slide 10: All Tubes, from Shafts to Refining Units
ALL TUBES, FROM SHAFTS TO REFINING UNITS Exploration Tubes for umbilicals and production OCTG*: Risers Premium welded stainless steel casing, tubing Services tubes with high-performance and VAM® technical characteristics premium Accessories connections Drill pipes** Transport for oil and
Slide 11: Solution-Makers
SOLUTION-MAKERS ►Deep wells ►HP/HT (High pressure/High ►Corrosive environments temperature) ►Deviated and horizontal wells ►Offshore Shale Gas Arctic Extended Reach HP/HT Deep Well • VAM® SG • Low Temp Grades • VAM® HTF- NR • VAM® HP • VAM® 21 • VAM® EDGE SF • CLEANWELL® • VAM® HTTC • VAM® 21 • Expa
Slide 12: Focus on Our Offer for Platforms
FOCUS ON OUR OFFER FOR PLATFORMS 1 Drill pipe* 2 Tool joint 9 3 Casing 4 Tubing 6 3 4 Production 1 78 5 Connection 6 riser 5 2 7 Flowline 8 Umbilicals Serimax welding 9 solutions Platform during Platform during drilling process production process A WIDE RANGE OF PRODUCTS AND SERVICES FOR OFFSHORE AN
Slide 13: The World's Broadest Portfolio of Seamless Tubes for Power Plants
THE WORLD’S BROADEST PORTFOLIO OF SEAMLESS TUBES FOR POWER PLANTS Market leader Premium supplier Fully engaged in in conventional thermal and nuclear power plants Integrated production process Enhancing efficiency with a complete range for steel tubes and reliability of all type of power plant o
Slide 14: Light-Weight, High-Strength for a Wide Range of Applications
LIGHT-WEIGHT, HIGH-STRENGTH FOR A WIDE RANGE OF APPLICATIONS ► Hollow sections, tubes and hollow bars for industrial markets: • Mechanical engineering Cranes, hydraulic cylinders, agricultural machinery, OCTG mechanicals parts, etc. • Automotive All types of vehicles, both light or heavy • Construct
Slide 15: A New Offer Bringing Together the Group's Digital and Services Offering
A NEW OFFER BRINGING TOGETHER THE GROUP’S DIGITAL AND SERVICES OFFERING 2019 Group Presentation November 30, 2018 15
Slide 16: Vallourec.Smart: Accompany You Along Each Step of the Value Chain
VALLOUREC.SMART: TO ACCOMPANY YOU ALONG EACH STEP OF THE VALUE CHAIN Receive online Get all you require, Get your tubes Enhance Extend or expert support call for what ready for use efficiency your asset life to optimize you need on time while and improve your design preserving integrity integrity OP
Slide 17: Partnering with Our Customers to Meet All Their Challenges
PARTNERING WITH OUR CUSTOMERS TO MEET ALL THEIR CHALLENGES OIL & GAS POWER GENERATION INDUSTRY 2019 Group Presentation November 30, 2018 17
Slide 18: Smartengo: The New E-Commerce Platform of Vallourec
SMARTENGO : THE NEW E-COMMERCE PLATFORM OF VALLOUREC Smartengo is Vallourec new e-commerce platform to streamline OCTG (Oil Country Tubular Goods) solutions sourcing. An ambition driven by 3 key aspects : ► Fast inquiry: you get in only a few clicks an official quote from a known manufacturer with g
Slide 19: Our Assets and Commitments
3 OUR ASSETS AND COMMITMENTS 19
Slide 20: Safety Our First Priority
SAFETY OUR FIRST PRIORITY The 8 Golden Rules 1 Safety attitude 5 Working at heights Traffic of engines 2 & pedestrians 6 Confined spaces 3 Lifting of loads 7 Energy management/LOTO* 4 Hand tools 8 Health protection * LOTO = Lock Out, Tag Out 2019 Group Presentation November 30, 2018 20
Slide 21: Safety: A Continuous Improvement Program
SAFETY A CONTINUOUS IMPROVEMENT PROGRAM TRIR 2018 SEVERITY RATE Accident frequency rate 2018 0 with and without lost time 0.056 2.95 LTIR 2018 Accident frequency rate Accidents: with lost time The ultimate 1 objective 2019 objectives LTIR: 1 TRIR: 2.5 2019 Group Presentation November 30, 2018 21
Slide 22: Strong Innovation Culture Serving Customers
STRONG INNOVATION CULTURE SERVING CUSTOMERS ► Maintaining our technological leadership and anticipating our customers’ needs ► Providing innovative solutions and products, improving manufacturing processes ► Key technological challenges: OIL & GAS POWER GENERATION INDUSTRY responding to the increasi
Slide 23: At the Forefront of Innovation
AT THE FOREFRONT OF INNOVATION 500 researchers and technicians 6 research centers and test centers 23 new patents filed €45 million devoted to R&D in 2018 2019 Group Presentation November 30, 2018 23
Slide 24: A Strong Commitment to Environmental Responsibility
A STRONG COMMITMENT TO ENVIRONMENTAL RESPONSIBILITY Limit the use of natural resources Respect our environment and implement clean and protect biodiversity and safe technologies ►Preventing all pollution ►Reducing water consumption ►Recovering waste ► Reducing disturbances Improve the energy efficie
Slide 25: Environmental Responsibility Key Figures
ENVIRONMENTAL RESPONSIBILITY KEY FIGURES * 38% 95.5% of energy consumed of waste recycled from renewable sources 57% of steel produced from recycled scrap 40% 98% of production of production from ISO 50001 from ISO 14001 certified sites certified sites 2019 Group Presentation November 30, 2018 25
Slide 26: The Men and Women of Vallourec: Passionate and Committed
THE MEN AND WOMEN OF VALLOUREC: PASSIONATE AND COMMITTED ► The expertise and diversity of our employees are key to Vallourec’s success ► Respect, fairness and skills development are at the heart of our human resources philosophy ► Vallourec University is open to all employees ► The Experts program b
Slide 27: www.vallourec.com
www.vallourec.com 2019 Group Presentation November 30, 2018 27