Ssab Ab Class A · OMXSTO:SSAB_A
Ssab Ab Class A — Investor Day (October 2012)
25 slides from Ssab Ab Class A's investor day presentation, Oct 4, 2012
Slide 1: Capital Markets Day October 4, 2012
Capital Markets Day October 4, 2012
Slide 2: Helena Stålnert, Head of Communications
Helena Stålnert, E.V.P. Head of Communications Capital Markets Day October 4, 2012
Slide 3: Capital Markets Day, October 4, 2012
Capital Markets Day, October 4, 2012 09.30 Martin Lindqvist, President & CEO Marco Wirén, CFO Q&A session Coffee break Karl-Gustav Ramström, CTO Eva Pétursson, Senior specialist, Structural Technology Q&A session 12.30 Lunch 13.30 Melker Jernberg, E.V.P. and Head of Business Area SSAB EMEA Martin Pe
Slide 4: Global Steel Markets & SSAB's Strategy
Global Steel Markets & SSAB’s Strategy Martin Lindqvist, President & CEO Capital Markets Day October 4, 2012
Slide 5: Forward-looking statements
Forward-looking statements The presentation and the materials constituting it contain certain statements that are forward-looking statements within the meaning of the U.S. federal securities laws. Actual results could differ materially from the future results expressed or implied by these forward-lo
Slide 6: SSAB's vision
SSAB’s vision Together with our customers, SSAB will go further than anyone to realize the full potential of lighter, stronger and more durable steel products CMD, October 4, 2012 6
Slide 7: High strength steels; advantages for customers and the environment
High strength steels; advantages for customers and the environment Increased strength Reduced weight Lower fuel consumption Longer productive lifespan Higher load capacity Winner of Swedish Steel Prize 2011 CMD, October 4, 2012 7
Slide 8: An industry unique knowledge offering
An industry unique knowledge offering RESEARCH & DEVELOPMENT INNOVATION SUPPORT Level of support PROACTIVE PROBLEM SOLVING TECH SUPPORT TECH SUPPORT COMPETITORS SSAB CMD, October 4, 2012 8
Slide 9: Close cooperation with customers
Close cooperation with customers January - September 2012: – 900 customers or prospects got extensive support and participated in cases or projects – 2,600 persons have been trained in technical seminars CMD, October 4, 2012 9
Slide 10: Recent trends in the global economy
Recent trends in the global economy 11 12 13 14 15 16 1.5 1.0 1.4 •Double dip recession? Euro 0.6 •Slow growth thereafter area •Downside risks, e.g. PIIGS -0.6 -0.9 4.0 •Flat growth 2012 2.4 2.5 2.7 Sweden 1.9 •Slowdown compared to 0.4 2010-2011 4.0 3.5 3.5 •Growth forecasts adjusted USA 1.7 1.9 2.0
Slide 11: Regional differences in global steel markets
Regional differences in global steel markets North America Nordic CIS Market dynamics Industry export Highly dependent on oil, fairly healthy dependent gas and mining prices Growth from low High exposure to EURO Increased presence of energy prices zone global OEMs Recovery in Increas
Slide 12: Definition of SSAB's target markets
Definition of SSAB’s target markets SSAB’s addressable market is ~ 2% Ordinary Q&T plate plate NAFTA 1% of the global market 7% The narrower view of the market is based on what SSAB can/want to produce Ordinary plate Plate 92% 15% Other steel 39% AHSS Strip Ordinary HR & CR 2% strip, Nordic Stri
Slide 13: Market outlook for quenched and tempered steel positive
Market outlook for quenched and tempered steel positive Q&T market potential, MTON CAGR 2010-20, % 7.2 13 4.9 +8% p.a. 3.6 10 2.3 4 China Rest of Asia EMEA 4 Americas 2010 2015 2020 2030 CMD, October 4, 2012 13
Slide 14: Demand for advanced high strengths steels expected to grow
Demand for advanced high strengths steels expected to grow AHSS Strip market potential, MTON CAGR 2010-20, % 35.4 +5% 29.3 25.7 4 21.4 4 Asia 6 Latin America Europe 8 North America 2010 2012 2015 2020 CMD, October 4, 2012 14
Slide 15: New investment projects brought into operation
New investment projects brought into operation A new quenching line for quenched steel production brought into operation in Mobile, Alabama In Borlänge, commencement of commercial production of quenched steels Investments to produce thick heavy plate in Oxelösund A new finishing line in Kuns
Slide 16: SSAB's strategy going forward
SSAB’s strategy going forward Global leadership in high strength steels What SSAB does Leading home Leading value market positions added services SSAB Taking the Lead! What makes Most flexible Superior customer SSAB successful operations experience High performing organization CMD, October 4, 2012 1
Slide 17: Growth in high strength steels – towards 50% 2015
Growth in high strength steels – towards 50% 2015 Maintain and strengthen SSAB’s No. 1 position Q&T Broaden the offering through recently installed quenching capacity Winning heavy transport and automotive segments AHSS Identifying “niches in the niche” Increased focus on global Marketing
Slide 18: Emerging markets to account for 35% of high strength steels shipments 2015
Emerging markets to account for 35% of high strength steels shipments 2015 CIS/EE 2015 +12% p.a. Latin America 2011 APAC 2015 8% of total 2015 +19% p.a. 40 +24% p.a. 2011 130 2011 7% of total 20% of total CMD, October 4, 2012 18
Slide 19: Leading home market positions
Leading home market positions Nordic Sweden Partnerships with the major OEMs Norway Nr 1 Nr 2 Nr 1 Further improve logistics and delivery performance Finland Strengthen position Strengthen cooperation between SSAB-Tibnor Denmark Strengthen Build Shape in all countries position CMD, October
Slide 20: Leading home market positions
Leading home market positions North America 2,550 2,400 Debottlenecking for additional 140 kton capacity to maintain leadership Expansion of normalized capacity towards railcars and energy segments Secure position as “preferred supplier” 2011 2015 Incl imported material CMD, October 4, 2012 20
Slide 21: Wear - an attractive cycle resilient, fragmented but growing business
Wear - an attractive cycle resilient, fragmented but growing business Extensive world wide network Unique know how in applied wear Well known, highly respected brand at OEM and at end user level CMD, October 4, 2012 21
Slide 22: Mining Excellence Center
Mining Excellence Center Mining center in Chile Additional centers for Canada and South Africa in the pipeline Aspirations to establish centers in important mining areas CMD, October 4, 2012 22
Slide 23: Cost effective operations secures profitability
Cost effective operations secures profitability Maintain low cost and flexible operating model in Americas Increase cost flexibility in EMEA Flexible operations – Profitable at 70% in EMEA – 800 MSEK flexibility program Q&T production specialization – QL1-4 for high-end thick and/or wide plate
Slide 24: Well positioned for the future
Well positioned for the future With the strategic investments in place, SSAB continues to expand in quenched steels Strong focus on flexible operations and productivity Enhanced activities towards emerging markets, where the market penetration of high strength steels is low Secure industry l
Slide 25: Let's shape tomorrow
LET'S SHAPE TOMORROW CMD, October 4, 2012 25 SSAB