Andritz Ag · VIE:ANDR
Andritz — Non-Deal Roadshow (January 2016)
18 slides from Andritz's roadshow presentation, January 2016
Slide 1: ANDRITZ GROUP Company presentation January 2016
ANDRITZ GROUP Company presentation January 2016
Slide 2: Contents
Contents 1 ANDRITZ GROUP overview 2 Business areas – market update 3 Long-term goals and summary/outlook
Slide 3: The ANDRITZ GROUP Overview
The ANDRITZ GROUP Overview ANDRITZ is a globally leading supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, the metal-working and steel industries, and solid/liquid separation in the municipal and industrial sectors Headquarters: Graz, Austria Global pr
Slide 4: Company profile: Worldwide leading position in four business areas
Company profile Worldwide leading position in four business areas 30-35%* 30-35%* 25%* 10%* Product offerings: Product offerings: Product offerings: Product offerings: electromechanical equipment for presses for equipment for equipment for hydro- production of all types of metalforming (Schuler); so
Slide 5: Strengthening of market position
Strengthening of market position Growth through organic expansion and acquisitions Acquisitions by business area since 1990 Compound Annual Growth Rate (CAGR) of Group sales 2004-2014: +14% p. a. (thereof approximately half organic growth) HYDRO 2011 Tristar Industries 2006 VA TECH HYDRO 2011 Asseli
Slide 6: 2 Business areas – market update
Contents 1 Major developments since last Capital Market Day 2 Business areas – market update 3 Long-term goals and summary/outlook
Slide 7: HYDRO: Challenging, but solid market environment
HYDRO Challenging, but solid market environment Large-scale plants Small-scale plants Pumps >> Solid, but rather slow project activity for Good activity, especially in emerging Demand for special pumps modernizations in Europe and North America markets (high energy demand, low capex to remain at goo
Slide 8: Large-scale hydro projects with potential order values > 100 MEUR
Large-scale hydro projects with potential order values of > 100 MEUR for electro-mechanical equipment Planned projects Country MW Total plant Time frame São Luiz do Tapajós Brazil 8,040 Medium to long term Advance work Inga 3 Congo 4,800 Medium to long term agreement signed. Site C Canada 1,302 Effe
Slide 9: PULP & PAPER: Good project activity, but unchanged challenging competition
PULP & PAPER Good project activity, but unchanged challenging competition Pulp Paper/packaging Nonwoven/plastic film Service >> Investments in greenfield pulp mills to >> Stable demand for tissue and >> Stable and good Good potential to continue containerboard machines, project activity grow organic
Slide 10: PULP & PAPER: Good project activity for greenfield pulp mills
PULP & PAPER Good project activity for greenfield pulps mills Chile: Mozambique: Owner – project Capacity/a.* Planned start-up Owner Capacity/a.* Planned start-up Arauco – Bio-Bio 1.6 2018 et seq. Portucel 1.5 2019 et seq. Brazil: Finland: Owner – project Capacity/a.* Planned start-up Owner – projec
Slide 11: METALS: Unchanged slow project activity in metalforming
METALS Unchanged slow project activity in metalforming Metalforming Carbon Steel / Stainless steel Aluminum >> Good demand from automotive manufacturers, Investment activity to remain at low Stable project activity. especially in Asia and Americas until beginning of level. Market 2015; since Q1 2015
Slide 12: Vehicle density per 1,000 inhabitants – world (2000-2014)
METALS Vehicle density per 1,000 inhabitant – world (2000-2014) 2000 2007 2014 800 804 732 592 554 524 572 557 576 310 230 195 152 107 128 106 11 29 7 10 22 Germany Japan USA Russia Brazil China India Source: IHS Automotive 12 Company presentation January 2016
Slide 13: SEPARATION: Mixed development of markets
SEPARATION Mixed development of markets Municipal Industrial Feed Biomass pelleting Investment activity at reasonable >> Reasonable demand in food Continuing at solid level Stable demand to levels, mainly in developed processing and chemicals continue Market markets update >> Low project activity in
Slide 14: 3 Long-term goals and summary/outlook
Contents 1 Major developments since last Capital Market Day 2 Business areas – market update 3 Long-term goals and summary/outlook
Slide 15: Outlook for 2016
Outlook for 2016 Investment activity expected to remain at last years‘ levels Project activity for Good project activity for Low project and Low project activity in modernizations and new modernizations and investment activity both mining to remain; hydropower stations to capacity increases to in me
Slide 16: Long-term EBITA margin goal per business area
Long-term EBITA margin goal per business area HYDRO PULP & PAPER 14.7 Long-term goal: 7.3 Long-term goal: 6.4 7.5 8.3 8.3 8.1 8.3 7.6 8.5-9.0% 5.9 7.0-8.0% 5.2 2010 2011 2012 2013 2014 Q3 2010 2011 2012 2013 2014 Q3 2015 2015 -1.8 METALS SEPARATION 7.1** 6.2 Long-term goal: Long-term goal: 5.4 5.2 4
Slide 17: Target to continue long-term profitable growth
Target to continue long-term profitable growth Goal: further improve profitability with top-line sales growth Medium-term: Increase EBITA margin to 7-8% Average with sales 2005-2009: growth % Average 6.0% 8.0 2000-2004: 6,204 MEUR 5.3% 7.2 7.2 5,859 6,000 6.9 6.9 7.0 6.5 5,711* 6.3 6.4 6.5 6.4 6.1 6
Slide 18: Group Strategy – Main goals
Group Strategy – Main goals Growth Profitability Focus on growth markets with higher growth Service: increase share of service sales to 35% opportunities EBITA margin: regain 7% and improve to 8% with top-line Expansion of product portfolio through R&D sales growth and acquisitions Dividen