Thyssenkrupp Ag · XETR:TKA
Thyssenkrupp — Investor Presentation (2003)
12 slides from Thyssenkrupp's investor presentation, 2003
Slide 1: Sales Force Briefing – Bankgesellschaft Berlin
Sales Force Briefing – Bankgesellschaft Berlin 0 Tk
Slide 2: Group Overview (I)
Sales Force Briefing – Bankgesellschaft Berlin 1 Group Overview (I) FY 2001/02 2002/03 Change Change in % Order intake €m 36,404 36,047 -357 -1.0 Sales €m 36,698 36,137 -561 -1.5 EBITDA €m 2,648 2,454 -194 -7.3 EBIT €m 1,046 905 -141 -13.5 EBT €m 762 714 -48 -6.3 Normalized EBT €m 419 734 315 75.2 N
Slide 3: Group Overview (II)
Sales Force Briefing – Bankgesellschaft Berlin 2 Group Overview (II) FY 2001/02 2002/03 Change Change in % Capital employed Ø €m 21,001 19,496 -1,505 -7.2 ROCE in % 7.0 6.9 -0.1%-p. -1.4 EVA €m (413) (413) 0 0.0 Capex €m 1,777 1,604 -173 -9.7 Deprec./amort. €m 1,949 1,549 -400 -20.5 Net cash from op
Slide 4: 2002/03 – Overview (I)
Sales Force Briefing – Bankgesellschaft Berlin 3 2002/03 – Overview (I) Major achievements in the segments { Price stabilization in Carbon Steel { Ongoing significant earnings and value contribution from Elevator { Positive value contribution from Automotive { Streamlining of the portfolio at Techno
Slide 5: 2002/03 – Overview (II)
Sales Force Briefing – Bankgesellschaft Berlin 4 2002/03 – Overview (II) Despite an adverse environment ThyssenKrupp held up well and achieved significant performance improvements { Although sales and orders were down (incl. currency effects), we achieved a significant improvement in normalized EBT
Slide 6: The view beyond – Focused industrial group based on 3 pillars
Sales Force Briefing – Bankgesellschaft Berlin 5 The view beyond – Focused industrial group based on 3 pillars Sales in € bn ThyssenKrupp AG 2002/03 €36.1 bn mid-term target €40-46 bn Steel Automotive Elevator Technologies Services Sales mid-term ~13-14 ~8-10 ~5-6 ~4-5 ~10-11 target Materials Serv S
Slide 7: 30+ Portfolio Optimizations in 2002/03
Sales Force Briefing – Bankgesellschaft Berlin 6 30+ Portfolio Optimizations in 2002/03 Corporate Elevator Böhler Thyssen Schweißtechnik (D) Disposal Lift Service Lublin (PL) Acquisition ECE Elevator (India) Acquisition Steel Mahkota (Malaysia) Acquisition Galmed (E) Acquisition Ascensores Causi (E)
Slide 8: Portfolio Optimization – Disposals in 2002/03
Sales Force Briefing – Bankgesellschaft Berlin 7 Portfolio Optimization – Disposals in 2002/03 Number Sales EBT Net Pension Employees of Entities Financial Obligations Debt 9 Months 11* €752 m -€3 m €155 m €13 m 3,707 4th Quarter 1 €167 m €4 m €87 m €6 m 822 Total 12 €919 m €1 m €242 m €19 m 4,529 S
Slide 9: Portfolio Optimization – Major Acquisitions in 2002/03
Sales Force Briefing – Bankgesellschaft Berlin 8 Portfolio Optimization – Major Acquisitions in 2002/03 Sales EBT Transaction Employees Status Volume Galmed, Spain ≈€100 m + €51 m ≈60 consolidated Steel Hot dip galvanizer; access to high-growth Spanish automobile market; further step in internationa
Slide 10: Outlook
Sales Force Briefing – Bankgesellschaft Berlin 9 Outlook { The uncertainties over the economic outlook persist at the beginning of the new fiscal year. Most forecasts predict only a moderate recovery for 2004. If the widely forecast weak economic recovery materializes, this would of course also bene
Slide 11: Conclusion
Sales Force Briefing – Bankgesellschaft Berlin 10 Conclusion { ThyssenKrupp: Focused industrial group based on 3 pillars { Still a conglomerate combining value and growth components { Clear strategic direction: Portfolio optimization will be forced Tk
Slide 12: How to contact ThyssenKrupp Investor Relations
Sales Force Briefing – Bankgesellschaft Berlin 11 How to contact ThyssenKrupp Investor Relations Analysts and institutional investors: { Phone: ++49 211 824-36464 To be added to the IR mailing list, send us a { Fax: ++49 211 824-36467 brief e-mail with your details! { E-mail: [email protected]