Royal Vopak NV · EURONEXT:VPK
Royal Vopak NV — Investor Day (November 2007)
28 slides from Royal Vopak NV's investor day presentation, November 2007
Slide 1: Professionals in liquid bulk logistics
Analyst Meeting Singapore November 2007 Professionals in liquid bulk logistics www.vopak.com 1
Slide 2: John Paul Broeders, Chairman of the Executive Board
John Paul Broeders Chairman of the Executive Board 2
Slide 3: Introduction
Introduction Vopak www.vopak.com 3
Slide 4: Vopak performs well, capacity increase
Vopak performs well, capacity increase Revenues EBIT 430 160 420 410 140 400 120 390 100 380 370 80 1H06 2H06 1H07 1H06 2H06 1H07 2H07 Capacity additions 21.224.300 + 248.100 + > 500.000 + +/- 1.5M + +/- 0.9M FY2006 1H 2007 2H 2007 2008 2009 4
Slide 5: Market environment
Market environment | www.vopak.com 5
Slide 6: Markets continue to be favourable
ONLY VERBAL : Markets continue to be favourable • Growth in economies – Possible slowdown in US, high oil price and currency change is not (yet) effecting the world energy trade • Current expectation that changes might have only relative small effect on Asia emerging markets • Imbalances, still beco
Slide 7: World GDP to grow 3.6% per year
World GDP to grow 3.6% per year Developing countries to set the pace of economic growth World Real GDP Growth in the Reference Scenario 1980-1990 1990-2005 2005-2015 2015-2030 8 Average annual growth rates, % 6 4 2 0 -2 OECD Transition Developing World economies countries OECD: North America, Europe
Slide 8: Developing countries to contribute around 74% of increase in energy consumption
Developing countries to contribute around 74% of the increase in global energy consumption between 2005 and 2030 Source: IEA 8
Slide 9: Biggest increase in net oil exports: the Middle East
The biggest increase in net oil exports: the Middle East The biggest increase in net oil imports: China Source: IEA 9
Slide 10: LNG accounts for 84% of increase in inter-regional gas trade
LNG accounts for 84% of the increase in total inter-regional gas trade Source: IEA 10
Slide 11: Competition
Competition • Independent trading companies buy/build terminals • Financial institutions buy terminals especially USA & Europe • Independent storage companies are also investing in capacity 11
Slide 12: Vopak's strategy
Vopak’s strategy | em ee oe ae _ SP eee ae ———— www.vopak.com 12
Slide 13: Strategic Focus Vopak
Strategic Focus Vopak Growth Leadership Customer Leadership Cost Efficient Operations Pursue and strengthen Attain service excellence leadership in key locations across the network Attain low cost position compared to key Invest in partnerships with Become preferred provider competitors strategic cu
Slide 14: Growth
Growth DF AEE ABET ATS a pe su Pe ee ee T el] www.vopak.com 14
Slide 15: Focus on growth is delivering
ONLY VERBAL Focuss on growth is delivering It is not so much about will we develop a projects, it is more about priority setting. Analysis last year showed us more then a hundred opportunities around the world. Those have been prioritised, and we ensured that only the top priority project are being
Slide 16: Growth leadership
Growth leadership Product / Service Existing New Existing Market penetration Product development Market New Market development Diversification New concept Merger Growth Acquisition Optimization Expansion Joint venture 16
Slide 17: Market penetration: Most projects
x Market penetration: Most projects Market penetration Vopak Terminal Linkeroever in Antwerp Belgium 17
Slide 18: Market penetration: many more
Market penetration: …many more… London Amsterdam Teesside Europoort Rotterdam Gothenburg Biodiesel LNG (R’dam) Zhangjiagang Botlek pit 11 Botlek pit 19 Pakistan Korea Houston Vlaardingen Lanshan Antwerp Fujairah Caojing Altamira Thailand Banyan Suape Biodiesel Vietnam Banyan Venezuela Sebarok Penjur
Slide 19: Market development: China, Vietnam and Indonesia
x Market development: Market China, Vietnam and Indonesia penetration Vopak China – Zhangjiagang Terminal 19
Slide 20: New service development: LNG
New service development: LNG x LNG storage & process Status: Final negotiation stage with customers LNG channel 20
Slide 21: Strategic Initiatives
Strategic Initiatives www.vopak.com 21
Slide 22: Accelerated growth demands new Vopak
ONLY VERBAL: Accelerated growth – Demands new Vopak • A strategic program of several initiatives has been launched this year to support the acceleration in growth and to support the continuous improvement focusing on: • Customers • Operational Efficiency • People, recruitment and communication • Thi
Slide 23: Strategic Initiatives
Strategic Initiatives Growth Leadership Customer Leadership Cost Efficient Operations Pursue and Customer Metrics strengthen Benchmark leadership in key Become preferred operational process locations provider for strategic with best available accounts (KAM) technology Standard design practices Impro
Slide 24: Strategic Initiatives
Strategic Initiatives Improvement Monitoring Global Implementation Development 2007 2008 2009 2010 24
Slide 25: Why are we in Asia today?
Why are we in Asia today? | PG aere = Vopak www.vopak.com 25
Slide 26: Organization in an exciting stage of development
ONLY VERBAL • The Vopak organization is currently in an exiting stage of the development of the company • All our people are energized by the many prospects around us • The strategy is clearly understood and now it is all about implementation and execution • The Asian region is an example with regar
Slide 27: Why Asia today?
Why Asia today? • Singapore is the fastest growing market • Supporting many emerging markets in Asia • Illustrative of our leadership role – Hub terminal(s) – Industrial terminal – Import/export facilities 27
Slide 28: The world of Vopak
The world of Vopak www.vopak.com