Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — Investor Day (December 2013)
16 slides from Siemens Aktiengesellschaft's investor day presentation, Dec 5, 2013
Slide 1: The Transformation is well on track
Ralf Christian | CEO Low and Medium Voltage Division The Transformation is well on track Capital Market Day London, December 5, 2013 Unrestricted © Siemens AG 2013. All rights reserved.
Slide 2: Safe Harbour Statement
Safe Harbour Statement This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expects,” “looks forward to,” “an
Slide 3: Low and Medium Voltage Division
Low and Medium Voltage Division Scope: Low and Medium Voltage (LV and MV) Switchgear for Power Distribution LV Control Products & Systems Other LV Solar Inverters €4.0bn …. Siemens LMV Revenue FY 2013: Divisions Door Entry Systems & or not Home Automation served Wiring Accessories LV Power Distribut
Slide 4: Core market of critical power/infrastructure not served in the past
Low and Medium Voltage Division Core market of critical power/infrastructure not served in the past Old structure until FY 2011 % of total LMV market Distribution grids MV 20% Munici- Utilities palities Critical power / infrastructure Missing Critical Data Oil & 50% Infrastr. Center Gas business foc
Slide 5: Combining LV and MV to capture unserved markets
Low and Medium Voltage Division Combining LV and MV to capture unserved markets Distribution grids % of total LMV market Munici- Focus 20% Utilities palities IC LMV Critical power/infrastructure Focus on electrical Critical Data Oil & power distribution Infrastr. Center Gas 50% Com. Mining Chemi- Bu
Slide 6: New IC LMV setup: Clear focus on Products & Components and Systems & Solutions
New IC LMV setup: Clear focus on Products & Components and Systems & Solutions in two distinct Business Units Distributors Panel builders/ National Global Utilities, power OEM1 accounts accounts & municipalities EPCs2 Indirect channels Direct sales 50%3) of Products & Components Systems & Solutions
Slide 7: Successful transformation driven by key action fields
Successful transformation driven by key action fields Power Devices % approx. +160 bps and Components Healthy LV/MV component business with double digit Improve profit margin1): Underlying • Continue invest into portfolio and DTC2 Profit Margin LV Systems LV system business with single digit profit
Slide 8: Driving profit through supply chain synergies within LMV
Transform Driving profit through supply chain synergies within LMV Global consolidation of LV and MV AIS system factories completed by end of FY 2014 MV Air Insulated Joint factories Switchgear Leipzig Drummondville (AIS) Gr. Prairie Burlington Köln Mohelnice Pomona W. Chicago Beijing/Anshan Fort Wo
Slide 9: From commodity switchboards to high end compact switchboards and partners
Transform From commodity switchboards to high end compact switchboards and partners Change of switchboard mix Number of switchboards sold Drive switchboard business through partners +10% p.a. High Switchboards • Develop former LV partners for MV and vice versa margin through • Complete LV and MV por
Slide 10: Innovative technologies develop new markets and increase competitiveness
Innovation Innovative technologies develop new markets and increase competitiveness Stable R&D – investment Intelligent substations Converter-connected Driving critical power with focus on products for cable networks battery storage solutions • Italy: Enhancing grid +1% stability at in-feed from pho
Slide 11: Strong global presence
Strong global presence Further strengthening footprint in emerging markets Revenues by region in €bn Europe Americas CAGR -1% CAGR +11% 1.6 1.6 1.0 1.3 Asia1) CAGR +9% FY 11 FY 13 FY 11 FY 13 1.2 1.0 FY 11 FY 13 Global factory sites as of FY 13 Devel- Global operations oped 46% Emer- Markets 54% gin
Slide 12: Clear differentiation through integrated LV-MV offering
Clear differentiation through integrated LV-MV offering Totally Integrated Power (TIP) Power critical applications OEM and panel-builders Example China in infrastructure and industry TIP: Joint approach Example: Orders Example: for LV-MV license partners China Factory of large Products: +24% interna
Slide 13: Data Centers: A special focus of BT & LMV
Data Centers A special focus of BT & LMV Strong foundation •Emphasis on Data Centers Achievements • Complete solution portfolio (across • Reliable power supply Direct Data Center Orders power supply, HVAC1, Fire Safety • Totally Integrated Power (TIP) (BT & LMV): +59% & Security) • Complete LV/MV po
Slide 14: LMV realizes synergies within IC and Siemens
LMV realizes synergies within IC and Siemens LMV serves the power level for all Siemens markets with a common portfolio City grids Industries Urban infrastructures Totally Total Smart Grid Integrated Automation Building Solutions • Totally Integrated Power 1 Complete and aligned IC LMV LV and MV pro
Slide 15: Clear path to reach Profit Margin of peers and continue growth
Clear path to reach Profit Margin of peers and continue growth The transformation is well on track Profit improvement driven by synergies from new IC LMV setup Critical power is our business: Outperforming a growth market Unrestricted © Siemens AG 2013. All rights reserved. Page 15 December 5, 2013
Slide 16: Reconciliation and definitions for non-GAAP measures
Reconciliation and definitions for non-GAAP measures This document includes supplemental financial measures that are or may be non-GAAP financial measures. Orders and order backlog; adjusted or organic growth rates of revenue and orders; book-to-bill ratio; Total Sectors profit; return on equity (af