Voestalpine Ag · VIE:VOE
Voestalpine — FY2016/17 Earnings Presentation
17 slides from Voestalpine's earnings presentation, Jun 1, 2017
Slide 1: Business Year 2016/17 Press Conference
BUSINESS YEAR 2016/17 Press conference, June 1, 2017 Welcome! voestalpine AG www.voestalpine.com
Slide 2: Environment and Highlights
BUSINESS YEAR 2016/17 ENVIRONMENT AND HIGHLIGHTS voestalpine AG 2 | June 1, 2017 | Press conference business year 2016/17
Slide 3: Economic Environment
BUSINESS YEAR 2016/17 ECONOMIC ENVIRONMENT USA: economy Europe: moderate losing momentum growth China/South East Asia: steady momentum Mexico: continued strong growth (automotive sector) Africa/Middle India: awakening future East: crises instead market Brazil: downwards trend of growth slowing voest
Slide 4: Highlights
BUSINESS YEAR 2016/17 HIGHLIGHTS » Q4: strongest growth since 2011/12 » Revenue + 2% (from EUR 11.1 billion to EUR 11.3 billion) » Only adjusted results meaningful: » EBITDA +6.6% (EUR 1.54 billion) » EBIT +3.1% (EUR 840 million) » Equity at all time high: >EUR 6 billion » Increase in dividend per s
Slide 5: Regions and Industries Worldwide
BUSINESS YEAR 2016/17 REGIONS AND INDUSTRIES WORLDWIDE voestalpine AG 5 | June 1, 2017 | Press conference business year 2016/17
Slide 6: Financial Key Figures
BUSINESS YEAR 2016/17 FINANCIAL KEY FIGURES voestalpine AG 6 | June 1, 2017 | Press conference business year 2016/17
Slide 7: Overview of Key Figures
BUSINESS YEAR 2016/17 OVERVIEW OF KEY FIGURES Adjusted figures In millions of euros BY 2015/16 BY 2016/17 Change BY 2015/16*) BY 2016/17*) Change (in %) (in %) Revenue 11,069 11,295 +2.0 11,069 11,295 +2.0 Operating result (EBITDA) 1,583 1,541 -2.7 1,446 1,541 +6.6 Profit from operations (EBIT) 889
Slide 8: Development of the Gearing Ratio
BUSINESS YEAR 2016/17 DEVELOPMENT OF THE GEARING RATIO 7000 100% 88% 6,060 90% 6000 83% 5,652 5,262 5,115 80% 71% 5,075 4,691 4,836 5000 70% 4,289 58% 58% 4,263 4,262 55% 53% 3,762 54% 60% 4000 3,572 3,037 45% 46% 3,080 3,221 50% 2,882 2,978 3000 2,713 2,586 2,421 40% 2,259 2000 30% 18% 20% 1000 526
Slide 9: Future-Oriented Lightweight Construction Solutions for the Automotive Industry
FUTURE-ORIENTED LIGHTWEIGHT CONSTRUCTION SOLUTIONS FOR THE AUTOMOTIVE INDUSTRY voestalpine AG 9 | June 1, 2017 | Press conference business year 2016/17
Slide 10: Expansion in the NAFTA Region: Automotive Site Cartersville (USA)
EXPANSION IN THE NAFTA-REGION AUTOMOTIVE SITE CARTERSVILLE (USA) » Opening April 2014 » 1st production site for ultra-high strength lightweight automotive components (phs technology) in the NAFTA region » After USD 500 million contract: 2nd expansion phase near completion 3rd expansion phase under
Slide 11: Highlights from the Divisions
HIGHLIGHTS FROM THE DIVISIONS voestalpine AG 11 | June 1, 2017 | Press conference business year 2016/17
Slide 12: Metal Forming Division Highlights 2016/17
METAL FORMING DIVISION HIGHLIGHTS 2016/17 » Successful global automotive expansion » Start of future technology “phs-directform” in Schwäbisch Gmünd (GER) » NAFTA market leader for safety components (acquisition of Summo Corp., Burlington (CA)) » World's largest blanks site in Linz (AT) » New plants
Slide 13: Steel Division Highlights 2016/17
STEEL DIVISION HIGHLIGHTS 2016/17 » Future e-mobility market » High-tech prematerial for “electrical steel strip packages” » Heavy plate innovation for the most exacting requirements (incl. deep-ocean pipelines) » Construction of the world's largest hydrogen electrolysis facility (PEM) – future tech
Slide 14: High Performance Metals Division Highlights 2016/17
HIGH PERFORMANCE METALS DIVISION HIGHLIGHTS 2016/17 » Metal Additive Manufacturing (Düsseldorf, (GER)) » Expansion Singapore, Taiwan, Toronto » Expansion of metal powder production in Kapfenberg (AT) and Hagfors (SE) » Aerospace: EUR 70 million for new high-tech plants » Special steel plant project:
Slide 15: Metal Engineering Division Highlights 2016/17
METAL ENGINEERING DIVISION HIGHLIGHTS 2016/17 » Railway systems: turnout technology sector hits all time high » World's most advanced wire rolling mill Donawitz (AT): transition to full operation » Oil and gas: return to full capacity utilization for high-tech seamless tubes in October 2016 » Overal
Slide 16: Outlook
BUSINESS YEAR 2016/17 OUTLOOK » Increasing momentum in the global economy (esp. China, EU) » Political environment remains challenging » Strong demand from the automotive, consumer goods, mechanical engineering and aerospace industries » Easing in the oil and gas sector Outlook: clearly positive dev
Slide 17: Business Year 2016/17 Press Conference
BUSINESS YEAR 2016/17 Press conference, June 1, 2017 voestalpine AG www.voestalpine.com