Sit S.p.a. · MIL:SIT
Sit — Investor Presentation (March 2023)
24 slides from Sit's investor presentation, March 2023
Slide 1: Company Presentation
COMPANY PRESENTATION
Slide 2: Our Mission
OUR MISSION Our commitment is to create smart solutions for climate control and consumption measurement for a more sustainable world SIT_ Company Presentation Company Confidential
Slide 3: Our Vision
OUR VISION SIT’s vision is to be recognized as the leading sustainable partner for energy and climate control solutions - and to enjoy the journey SIT_ Company Presentation Company Confidential
Slide 4: Today
1953 Pierluigi and Giancarlo de’ Stefani establish SIT La Precisa, a company operating in precision mechanics, in Padova (Italy) Today Today more than 2340 people work for SIT – distributed in production plants, subsidiaries, sales offices, and agencies all over the world. This highly international
Slide 5: Activity and History
ACTIVITY AND HISTORY 1964 - 1997 2009 - 2016 2017 - 2018 INTERNATIONAL EXPANSION START UP IN THE SMART GAS METERING IMPLEMENTATION OF THE PRODUCTION 1964_ The first mechanical gas control is exported to SECTOR CAPACITY INCREASE PLAN Germany 2009_ Establishment of MeteRSit aimed at entering the Avera
Slide 6: Organization
ORGANIZATION SIT is organized into three Business Units Heating & Ventilation Smart Gas Metering components and systems remotely controlled static gas meters for the control, regulation Smart Gas measuring directly the standard volume in cubic meters and safety of gas Metering appliances for domesti
Slide 7: Markets
MARKETS Mechanical Controls Residential/commercial and industrial gas meters Electronic Controls Smart Gas Metering Heating & + Fans Ventilation Water Metering Integrated Systems Residential volumetric water meters Sensors Flue Exhaust Systems SIT_ Company Presentation Company Confidential
Slide 8: Central Heating
CENTRAL HEATING BU Heating & Ventilation BOILERS COMBINING HEATING AND DOMESTIC HOT WATER SIT is the world’s top name in the Innovative solutions for sub-assembled production of multifunctional, and pre-tested integrated systems regulating, safety gas valves (modules) for condensing boilers SIT is t
Slide 9: Direct Heating
DIRECT HEATING BU Heating & Ventilation FIREPLACES AND STOVES (gas & pellet) Main markets are: Nord America, UK and Europe SIT manufactures and markets: _ mechanical controls (gas valves and sensors), _ electronic controls (main boards, remote controls and user interfaces) _ fans for gas fireplaces
Slide 10: Storage Water Heating
STORAGE WATER HEATING BU Heating & Ventilation FOR DOMESTIC WATER HEATING Markets include: North America, Argentina and Australia SIT manufactures and markets: _ mechanical controls _ pilots New efficiency standards provide opportunities to increase technological content and differentiation of offer
Slide 11: Professional Cooking and Catering Appliances
PROFESSIONAL COOKING AND CATERING APPLIANCES BU Heating & Ventilation Main markets: Europe and USA SIT is market leader in Europe SIT manufactures and markets : for: _ mechanical controls - collective and community cooking appliances _ fans - high end cooker hoods SIT_ Company Presentation Company C
Slide 12: Smart Gas Metering BU
SMART GAS METERING BU Metering Innovative thermo-mass flow sensor technology that enables accurate measurement in all conditions without the addition of external conversion and communication devices - truly disruptive, particularly for commercial and industrial applications. A comprehensive range of
Slide 13: Water Metering BU
WATER METERING BU Metering JANZ products are MID certified Measuring Instruments Directive An European Union directive that seeks to harmonize various aspects of legal metrology in all countries of the European Union on measuring instruments. JANZ manufactures and markets: Residential, commercial, i
Slide 14: World-wide Presence
Sales Offices WORLD-WIDE PRESENCE Production Plants Heating Gas Metering Agents/Distributors R&D centres Water Metering Arnsberg, GERMANY Hoogeveen, HOLLAND Brno, CZECH REPUBLIC Manchester, ENGLAND Moscow, RUSSIA Toronto, CANADA Seoul, KOREA Lisbon, PORTUGAL Seville, SPAIN Vadodara, India Milan, ITA
Slide 15: Production Plants
PRODUCTION PLANTS Tunisi (Tunisia) Hoogeveen (The Netherlands) Lisbon (Portugal) Monterrey (Mexico) Electronic and Mechanical Controls, and Electronic Controls Water meters Mechanical Controls, Sensors plastic components Montecassiano (Italy) Suzhou (China) Fans, Exhaust Systems Mechanical Controls
Slide 16: Key Indicators
KEY INDICATORS 74,7% of turnover is made outside Italy Turnover by Employees by geographical areas: geographical areas: 393,3 M€ (year 2022) 2.349 * (year 2022) 25,3% 32,2% ITALY ITALY 43,1% 39,6% EUROPE EUROPE EXTRA ITALY EXTRA ITALY 31,6% 28,2% REST OF THE REST OF THE WORLD WORLD SIT_ Company Pres
Slide 17: SIT Numbers - 2022
SIT NUMBERS - 2022 393,3 M€ 27,1 M€ 5 8 14 TURNOVER INVESTMENTS LOCATIONS OF PRODUCTION COMMERCIAL R&D FACTORIES OFFICES 2.349 114.800 mq 29 M 13,6 M€ 68 EMPLOYEES SQUARE METERS PRODUCTS MADE IN RESEARCH AND COUNTRIES SERVED OF FACILITIES EACH YEAR DEVELOPMENT COMMERCIALLY SIT_ Company Presentation
Slide 18: Business Unit Heating & Ventilation: Customers in Western Europe
BUSINESS UNIT HEATING & VENTILATION BU Heating & Ventilation MAIN CUSTOMERS IN WESTERN EUROPE Italy United Kingdom France Germany The Netherlands Belgium Portugal Spain SIT_ Company Presentation Company Confidential
Slide 19: Business Unit Heating & Ventilation: Customers in Eastern Europe
BUSINESS UNIT HEATING & VENTILATION BU Heating & Ventilation MAIN CUSTOMERS IN EASTERN EUROPE Czech/Slovak Rep., Algeria Russia Hungary Ukraine Poland Turkey SIT_ Company Presentation Company Confidential
Slide 20: Business Unit Heating & Ventilation: Customers in USA and Canada
BUSINESS UNIT HEATING & VENTILATION BU Heating & Ventilation MAIN CUSTOMERS IN USA AND CANADA U.S.A. Canada SIT_ Company Presentation Company Confidential
Slide 21: Business Unit Heating & Ventilation: Customers in Mexico and South America
BUSINESS UNIT HEATING & VENTILATION BU Heating & Ventilation MAIN CUSTOMERS IN MEXICO AND SOUTH AMERICA Mexico South America SIT_ Company Presentation Company Confidential
Slide 22: Business Unit Heating & Ventilation: Customers in Asia and Australia
BUSINESS UNIT HEATING & VENTILATION BU Heating & Ventilation MAIN CUSTOMERS IN ASIA AND AUSTRALIA China Japan Korea Australia SIT_ Company Presentation Company Confidential
Slide 23: Business Unit Metering: Main Customers
BUSINESS UNIT METERING BU Metering MAIN CUSTOMERS SMART GAS METERING WATER METERING SIT_ Company Presentation Company Confidential
Slide 24: Thank you!
Ed SIT Thank you!