Georg Fischer AG · SIX:GF
Georg Fischer — Kepler Cheuvreux 25th Swiss Seminar (March 2024)
12 slides from Georg Fischer's conference presentation, Mar 20, 2024
Slide 1: Investor presentation
Zurich, 20 March 2024 Investor presentation Andreas Müller, CEO | Mads Joergensen, CFO © GF v3.0
Slide 2: Disclaimer
Disclaimer This publication constitutes neither an offer to sell nor a solicitation to buy securities of Georg Fischer AG or of any other company and it does not constitute a prospectus or similar notice within the meaning of articles 35 et seqq. or 69 of the Swiss Financial Services Act. Copies of
Slide 3: Pioneering industrial technology
Investor presentation Pioneering industrial technology GF Corporate GF Piping Systems GF Casting Solutions GF Machining Solutions GF Uponor 1802 1864 1897 1921 2023 GF founded First piping First automotive First A fourth division in Schaffhausen systems product part machinery Johann Conrad Fischer M
Slide 4: Strong performance on par with last year's record level
Investor presentation Strong performance on par with last year’s record level (in CHF) Sales EBITDA margin Dividend proposed 4.0 billion 3.9 billion 3.7% 12.7 % 1.30 consolidated excl. Uponor organic growth comparable* CHF per share EBIT margin Free cash flow ROIC 9.1% 9.7% 9.8% 134 million 23.8% co
Slide 5: Going forward: A strong global presence with focus on flow solutions
Investor presentation Going forward: A strong global presence with focus on flow solutions 2023 sales pro forma* / (full-year 2022) 2023 sales pro forma* per region (in %) per division (in CHF million) Water and Flow Rest of world solutions share GF Machining 4% Solutions 64% (5%) 887 Asia 23% Europ
Slide 6: Strong positions in a diverse portfolio of markets and industries
Investor presentation Strong positions in a diverse portfolio of markets and industries Consumer goods Aerospace Industrial Home appliances water treatment Infrastructure Chemical Process industry Packaging Building ICT/ Electronics Life science technology Microelectronics Industrial applications Ge
Slide 7: Becoming the leader in Water and Flow Solutions; Uponor acquisition major milestone
Investor presentation Becoming the leader in Water and Flow Solutions; Uponor acquisition major milestone 2023 peers overall and piping sales in EUR billion – pro-forma 5.1 36% 4.1 3.3 3.2 46% 2.5 46% 100% 67% 1.9 Legend: 64% 1.3 Overall sales 1.0 54% 54% 50% Other businesses 100% 100% 33% 100% 50%
Slide 8: Leader in corporate sustainability
Investor presentation Leader in corporate sustainability 3x Sales with social or environmental benefits1 as % of total sales CO2e emissions2 Scope 1 and 2, in 1'000 tonnes 80 350 330 70% 70 68% 300 63% 273 60 250 236 231 31% newly appointed 50 200 214 40 managers are women2 150 (Target 2025: 25%) 30
Slide 9: Strong ESG profile with proven track record well aligned with recent acquisitions and ratings
Investor presentation Strong ESG profile with proven track record well aligned with recent acquisitionsand ratings Rating agency Rating Sustainability achievements across divisions and regions A (transparency and performance on climate change) Gold for GF Piping Systems, GF Uponor, GF Casting Soluti
Slide 10: Strategy targets 2025 lifted following the acquisition of Uponor
Investor presentation Strategy targets 2025 lifted following the acquisition of Uponor (in CHF) CHF 4.4 – 5.0 billion* CHF 5.0 – 5.5 billion* Sales Sales *including acquisitions *including acquisitions / Uponor 13 – 15% EBITDA margin 9 – 11% 10 – 12% EBIT margin EBIT margin 20 – 22% 20 – 24% Return
Slide 11: Outlook 2024: GF is well positioned to benefit from global long-term trends
Investor presentation Outlook 2024: GF is well positioned to benefit from global long-term trends Despite subdued economic conditions, gradual improvement expected during the year. Energy efficiency in buildings Urbanization & immigration Digitalization & AI Further organic growth for the full year
Slide 12: Thank you
Investor presentation Thank you Becoming better every day – since 1802 © GF v3.0 12 Zurich, March 20 2024 | Investor presentation | Kepler Cheuvreux 25th Swiss Seminar
Georg Fischer — Kepler Cheuvreux 25th Swiss Seminar (March 2024) on 6ix