Kongsberg Maritime ASA · OSL:KMAR

Kongsberg Maritime ASA — Investor Day (November 2010)

24 slides from Kongsberg Maritime ASA's investor day presentation, Nov 11, 2010

Slide 1: Kongsberg Maritime Capital Markets Day 2010
Kongsberg Maritime Capital markets day 2010 /1/ 11-Nov-2010 WORLD CLASS – through people, technology and dedication © 2010 KONGSBERG – All rights reserved.
Slide 3: New president
Kongsberg Maritime New president  Born in 1966  Broad international experience from different positions in Kongsberg Maritime:  Executive Vice President for Global Customer Support over the past year  Head of Kongsberg Maritime’s sales and service activities in: ― Busan, South-Korea — Singapore
Slide 5: Core business areas and services
Kongsberg Maritime Core business areas and services Dynamic positioning Navigation systems Monitoring & control Process automation Subsea systems systems Automatic positioning Systems for navigation Systems for monitoring Systems for control and High-tech underwater of vessels, regardless and identi
Slide 7: Forging a strong culture
Kongsberg Maritime Forging a strong culture Forging a strong culture; • Albatross • Norcontrol • Simrad • Autronica • Seatex to Kongsberg Maritime From Houston in the early 80’s to 17 countries and 56 locations in 2010 /7/ 11-Nov-2010 © 2010 KONGSBERG – All rights reserved.
Slide 8: Strategic initiatives
Kongsberg Maritime Strategic initiatives Our offshore initiative Our subsea initiative Our merchant initiative Our integrated control •Growth strategy • Complete suite of solution applied for deep • Acquisition of Hydroid optimized control sea drilling has earned solutions • Broader product portfoli
Slide 10: Product releases in 2010
Product releases in 2010 Focus on increased safety and improved operational efficiency We have improved our market position by introducing several new products, e.g.: K-Master New bridge concept for offshore support vessels eBird® New steerable device Part of the geostreamer concept Developed in clo
Slide 11: Highlights 2010
Highlights 2010 Some of the many successful wins in 2010  Continuous success for our integrated control solution to the high end offshore market  U.S. Naval Oceanographic Office (NAVOCEANO) signs frame contract for EM2040  Autonomous Undersea Vehicles (AUVs) and associated support equipment to th
Slide 12: Continuously improved earnings
Kongsberg Maritime Continuously improved earnings Operating revenues EBITA year to date year to date 6 000 800 4 996 5 000 4 682 648 4 226 598 600 554 4 000 3 539 3 000 377 400 2 000 200 1 000 0 0 2007 2008 2009 2010 2007 2008 2009 2010 New orders year to date 8 000 5 886 6 049 6 000 4 425 4 143 4 0
Slide 13: The Offshore market
The Offshore market Positive outlook in the longer term for oil services • < 60 % of Kongsberg Maritime’s business is related to offshore / oil services • Trend towards deepwater and more advanced operations is positive for us / 13 / 11-Nov-2010 © 2010 KONGSBERG – All rights reserved.
Slide 14: Drilling activity
Drilling activity an important part of Kongsberg Maritime’s business • Even with the predicted overcapacity in 2011-2013, we see signs of investment willingness and interest towards other types of ―compact‖ drilling units. • The market is predicted to be in balance towards 2014, however; • New requi
Slide 15: Offshore support vessels
Offshore support vessels • Cautious due to demonstrated overcapasity… • …however, multi purpose and other special tonnage remains comparatively strong / 15 / 11-Nov-2010 © 2010 KONGSBERG – All rights reserved.
Slide 16: FPSO - strategic market for Kongsberg Maritime
FPSO - strategic market for Kongsberg Maritime High activity and is expected to remain strong We are investing and building capacity and competence within engineering / 16 / 11-Nov-2010 © 2010 KONGSBERG – All rights reserved.
Slide 17: Subsea field development
Subsea field development The deeper water – the more positive for us Projected development will require increased subsea activities such as seabed mapping followed by field development, supported by a variety of support and construction vessels / 17 / 11-Nov-2010 © 2010 KONGSBERG – All rights reserv
Slide 18: Merchant marine ship delivery schedule forecast
Merchant marine Ship delivery schedule forecast Approximately 20 % of Kongsberg Maritime’s business is related to merchant marine World merchant shipbuilding Delivery schedule per September 2010 3500 Delivered Forecasted deliveries 3000 2500 No. of vessels 2000 1500 1000 500 0 2004 2005 2006 2007 20
Slide 19: After sales is growing
After sales is 33 % …and growing Vessel installation base 16 000 14 000 12 000 No. of vessels 10 000 8 000 6 000 4 000 2 000 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Year installed Offshore fleet Merchant fleet / 19 / 11-Nov-2010 © 2010 KONGSBERG – All rights reserved.
Slide 21: Staying ahead in challenging times – strategic direction
Kongsberg Maritime Staying ahead in challenging times – strategic direction  Strengthening of core and expansion of product scope  Further strengthening of Asia and Brazil positions and presence  Strengthening of customer interface  Proactively adjust to new business volume / 21 / 11-Nov-2010 ©
Slide 22: Improving our operations
Improving our operations and positioning towards new opportunities Improving vessel Improving marine Subsea - an ocean of operations operations offshore opportunities • Voyage and ship performace Increased safety - improves • Wind farming • Fuel management efficiency • Offshore subsea installations
Slide 23: Conclusion
Conclusion • Over time, we believe in continually growth for all our 4 main segments • We will continue to focus on core business areas, supported by extended engineering capability • We see a growing after sales market • We will continue to expand our geographical footprint • From surface to subsea

Kongsberg Maritime — Investor Day (November 2010) on 6ix

Kongsberg Maritime ASA — Investor Day (November 2010)

Slide 1: Kongsberg Maritime Capital Markets Day 2010

Slide 2: Agenda

Slide 3: New president

Slide 4: Kongsberg Maritime's market segments

Slide 5: Core business areas and services

Slide 6: Our future success is rooted in the achievements of our past

Slide 7: Forging a strong culture

Slide 8: Strategic initiatives

Slide 9: Current situation & market outlooks

Slide 10: Product releases in 2010

Slide 11: Highlights 2010

Slide 12: Continuously improved earnings

Slide 13: The Offshore market

Slide 14: Drilling activity

Slide 15: Offshore support vessels

Slide 16: FPSO - strategic market for Kongsberg Maritime

Slide 17: Subsea field development

Slide 18: Merchant marine ship delivery schedule forecast

Slide 19: After sales is growing

Slide 20: Strategic direction

Slide 21: Staying ahead in challenging times – strategic direction

Slide 22: Improving our operations

Slide 23: Conclusion

Slide 24: Any questions?