Voestalpine Ag · VIE:VOE
Voestalpine — FY2012/13 Earnings Presentation
15 slides from Voestalpine's earnings presentation, Jun 5, 2013
Slide 1: Welcome! voestalpine AG Annual Press Conference
Welcome! voestalpine AG Annual Press Conference Vienna, June 5, 2013 voestalpine AG www.voestalpine.com
Slide 2: Business Year 2012/13 – Highlights
voestalpine Group Business Year 2012/13 – Highlights Decrease in revenue of 4.4% due to falling raw materials prices BUT: All results categories significantly improved Investment increased from EUR 575 to EUR 852 million (+ 48%) Equity over EUR 5 billion for the first time Debt reduced by
Slide 3: Business Model
voestalpine Group Business Model From steel company to global technology and industrial goods group High-tech steel is the basis of the voestalpine Group, however, it processes other materials as well Consistent downstream strategy has transformed the Group from a classic steel company to a stee
Slide 4: Overview of Strategy 2020
voestalpine Group Overview of Strategy 2020 Consistently following the path of value-added growth Growth focus in the segments mobility and energy (70% of total revenue), in these most technologically demanding market and product segments voestalpine is striving for a leading global position E
Slide 5: Global Presence
voestalpine Group Global Presence 500 Group companies and sites 50 Countries – 5 Continents voestalpine AG 5 | 06/05/2013 | Annual Press Conference 2013
Slide 6: Business Year 2012/13 – Market Environment
voestalpine Group Business Year 2012/13 – Market Environment No sustained stabilization in the worldwide economy Cooling down of the global economy throughout the entire business year 2012/13; stabilization in the second half of the year does not yet indicate a trend reversal Europe: continuin
Slide 7: Overview of Key Figures
voestalpine Group Overview of Key Figures 2011/12 2012/13 Change in% Revenue €m 12,058.2 11,524.4 –4.4 Operating result (EBITDA) €m 1,301.9 1,441.8 10.7 Profit from operations (EBIT) €m 704.2 853.6 21.2 Profit for the period €m 413.3 521.9 26.3 Earnings per share € 1.98 2.61 31.8 Dividend per share
Slide 8: Revenue Almost Stable
voestalpine Group Revenue Almost Stable Revenue of EUR 11.52 billion fell only slightly Slight drop of 4.4% compared to the previous year (EUR 12.1 billion), primarily due to lower raw materials prices being passed on to customers Significant overall decreases in the price of iron ore (purchas
Slide 9: Revenue by Division
voestalpine Group Revenue by Division Steel Revenue by division EUR 3,921.7 million As percentage of divisional revenue business year 2012/13 Special Steel EUR 2,748.4 million Metal Engineering EUR 2,913.6 million Metal Forming EUR 2,310.2 million voestalpine AG 9 | 06/05/2013 | Annual Press
Slide 10: EBIT margin/EBITDA margin in %
voestalpine Group EBIT margin/EBITDA margin in % 19.6% 14.000 17.3% 17.5% 12.000 15.4% 14.6% 14.6% 14.7% 10.000 12.5% 12.1% 11.6% 11.7% 11.0% 10.8% 8.000 9.6% 8.4% 9.0% 6.000 7.4% 5.3% 5.8% 4.000 4.1% 2.000 0 actual actual actual actual actual * actual actual actual actual actual * excluding discont
Slide 11: Dividend Payments
voestalpine Group Dividend Payments 341,5 Total Volume 1995 – 2012/13: Ø Dividend Yields 1995 – 2012/13: EUR 1,849.4 million 3.9% 234,8 175,5 135,1 145* 134,9 122,7 83 84,2 In millions of euros 60,2 63,2 47,4 * As proposed to the 36 36 39,6 39,6 39,5 31,2 Annual General Dividend Shareholders‘ Meetin
Slide 12: Gearing Ratio
voestalpine Group Gearing Ratio Equity first time 4,836 5,075 4,691 above EUR 5 billion 4,289 4,263 4,262 3,762 88% 3,572 83% 3,037 71% 2,882 2,713 2,547 58% 2,586 54% 2,259 1,786 2,125 1,853 47% 45% 32% 34% 831 684 635 15% 526 18% 377 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10
Slide 13: Direct Reduction Plant in the USA
voestalpine Group Direct Reduction Plant in the USA Start of direct reduction plant project in Corpus Christi, Texas (USA) for the production of HBI (hot briquetted iron) Largest foreign investment in the Group’s history Investment volume: EUR 550 million Annual capacity: 2 million tons HBI
Slide 14: Outlook 2013/14
voestalpine Group Outlook 2013/14 Debt crisis continues to weigh heavily on Europe China’s upswing has slowed, sustainable recovery in the USA uncertain, Japan’s monetary policies risky Construction and automobile industries in Europe remain under pressure, situation better in the rest of the
Slide 15: voestalpine AG
voestalpine AG Annual Press Conference Vienna, June 5, 2013 voestalpine AG www.voestalpine.com