Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — Investor Day (June 2016)
12 slides from Siemens Aktiengesellschaft's investor day presentation, Jun 29, 2016
Slide 1: Together we deliver
Together we deliver Chris Rossi, CEO Dresser-Rand Capital Market Day – Energy and Oil & Gas | Houston, June 29, 2016 Unrestricted © Siemens AG 2016 siemens.com/investor
Slide 2: Notes and forward-looking statements
Notes and forward-looking statements 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 “expect,” “look forw
Slide 3: Dresser-Rand, a Siemens Business – Well positioned to compete and preparing for profitable growth
Dresser-Rand, a Siemens Business – Well positioned to compete and preparing for profitable growth Expanded technology and product portfolio Well positioned Solutions based on full complement of Siemens portfolio Former to compete in the Dresser-Rand Rolls-Royce Energy current challenging market cond
Slide 4: Dresser-Rand is the Siemens channel into the Oil & Gas market
Dresser-Rand is the Siemens channel into the Oil & Gas market, leveraging the combined compression and power generation portfolio Compression Power Generation & Mechanical Drives E-Houses Single-shaft Gear-type Reciprocating Gas Turbine Steam turbines Engines Power and process packages modules Sieme
Slide 5: Ready to deliver solutions based on the complete Siemens portfolio
Ready to deliver solutions based on the complete Siemens portfolio Examples Service incl. Compression FPSO Digital solutions Thruster motors and drives Siemens scope: US$300 – 400m1) LNG Automation, safety, control and telecom Siemens scope: US$400 – 500m2) Power distribution Power generation Pipeli
Slide 6: Dependable high-margin service business annuity tied to the industry's largest installed base
Dependable high-margin service business annuity tied to the industry’s largest installed base Strong services network and capabilities Leveraging the combined PS and D-R Service capability • Industry’s largest installed base secures further profitable service growth opportunities • Industrial steam
Slide 7: Over 80 combined alliances with O&G clients showcase the strength of our value proposition
Over 80 combined alliances with O&G clients showcase the strength of our value proposition Validates the value of bringing Dresser-Rand, Siemens and Rolls-Royce together Strategic partner to our client • Offering single source solutions • Generating pull-through • Earning larger share of client spen
Slide 8: Integration is progressing well with projected synergies clearly above plan
Integration is progressing well with projected synergies clearly above plan Revenue and cost synergies Key synergy drivers New Units Gas turbines into Oil & Gas 250 250 €250m in FY19 New Unit Revenue 15% Product portfolio growth synergies Increased guidance 200 40% of (Dec 2014) Services 170 25% tot
Slide 9: Aggressively focused on taking cost out of the business
Aggressively focused on taking cost out of the business ~% of cost synergies Expense & product R&D program consolidation • Consolidate duplicate programs between D-R and Siemens 10% Cost • Completed sales integration and eliminating redundancies SG&A rationalization 25% synergies • Eliminated D-R pu
Slide 10: Leveraging Siemens combined strength to win additional business and deliver on the synergies
Leveraging Siemens combined strength to win additional business and deliver on the synergies Gas turbines into O&G Product portfolio Cross-selling Services Replaced 3rd party gas Replaced 3rd party motor D-R reciprocating Revamp Siemens com- turbine with Siemens with Siemens technology compressor pa
Slide 11: Well positioned to compete in the current challenging market conditions
Well positioned to compete in the current challenging market conditions Current situation Strength of the combined business • Hardest hit due to drop in oil prices Offshore Upstream • Customer focused on taking cost out, • Legacy D-R strong market position, driving standardization and modularization
Slide 12: The strategy to bring Dresser-Rand, Siemens, and Rolls-Royce together is working
The strategy to bring Dresser-Rand, Siemens, and Rolls-Royce together to serve the O&G industry is working Key takeaways Installed fleet and resilient 50% • Fleet continues to grow organically • Significant installed base added from acquisitions service Service share of • Leveraging the combined PS