Bodycote Plc · LSE:BOY
Bodycote — Shareholder Meeting (May 2006)
22 slides from Bodycote's shareholder meeting presentation, May 23, 2006
Slide 1: Bodycote – Globalisation: Presentation to the Shareholders
Bodycote – Globalisation Presentation to the Shareholders John D Hubbard CEO / Metallurgist P. E. AGM - 23rd May 2006
Slide 2: Group Organisational Structure
Group Organisational Structure Thermal Processing Testing Engineering & Heat Surface Materials Health HIP Technology Environmental Metrology Treat Engineering Testing Sciences Services Bodycote is currently operating 300+ facilities in 30 countries with 8500 colleagues
Slide 3: Vital Thermal Processing and Testing Services
Vital Thermal Processing and Testing Services • Providing our Customers with: – Added value for their products – Production Efficiency – Technical Support • By applying: – Continuous development of our people – The best technology – The Bodycote Management System, satisfying the highest global quali
Slide 4: A Global Client Base
A Global Client Base • The Group has more than 60,000 clients • Many clients use services from more than one Business Unit • Multi-national interest in our specialist services • Our services are used for: – manufacturing and production support – product release – research & development – failure ana
Slide 5: Markets Served
Markets Served Car & Light Truck Heavy Truck & Bus Aerospace Construction Tooling Oil & Gas Power Generation Consumer Products Health Science & Enviro Electronics & Telecoms Miscellaneous
Slide 6: Automotive
Automotive Comprehensive Services Airbag deployment testing Gear, PVD Coated Ballpins, Bodycote Corr-i-Dur® Drive shaft, Electron Beam Welded and case hardened Engine Testing Block Densal® HIP
Slide 7: Aerospace
Aerospace Critical Services Landing gear arm, plasma coated to replace Cr plate. Hipped MMC Creep Testing component Radiography Vane assembly, vacuum brazed, and heat treated
Slide 8: Construction
Construction Equipment and site related services Sherardized fittings For tunnel projects Testing bridge damper Heat treated steering gear
Slide 9: Sales by Geography
Sales by Geography Europe Americas Asia
Slide 10: Strategy for Growth
Strategy for Growth • Continued focus on Outsourcing • Aggressively expand Testing • Further develop Thermal Processing • Roll out unique offerings • Migrate with Clients to low cost regions
Slide 11: European Development
European Development • Outsource Projects • Eastwards Development to Reduce Cost • Technology Transfer • New Technology
Slide 12: Americas Development
Americas Development • Outsource Projects • Technology Transfer • New Technology • Enter Low Cost Markets
Slide 13: Asian Development
Asian Development • China (Wuxi) facility • Develop further JV opportunities • Capture outsource before in-sourced
Slide 14: Testing Emphasis
Testing Emphasis • Underlying Concepts: – Less cyclical – Legislation / Regulation drives growth – Less capital intensive – Acquisitions bring new technology services, as well as geographical expansion
Slide 15: Materials Testing
Materials Testing Tensile testing Impact testing Exposure cabinet CNC specimen machining Microscopy Micro-focus radiography
Slide 16: Engineering & Technology
Engineering & Technology High load test on Airbag activation test Fracture mechanics – aircraft skin bridge damper Turbine blade test Vehicle testing Corrosion testing
Slide 17: Health Sciences
Health Sciences Food testing Advisory services Testing and surveying Testing and evaluating for asbestos in buildings pharmaceuticals
Slide 18: Environmental
Environmental Sampling hazardous substances Testing soil and water Stack emission testing Eco-toxicology Lagoon water sampling
Slide 19: Metrology
Metrology Telecommunications Healthcare Metrology Avionics
Slide 20: Technology Transfer – Bodycote Testing Group
Technology Transfer – Bodycote Testing Group • Objectives – Promote organic growth – Extend global reach of our services • Recent Example – Transfer of sour gas testing for the oil industry – From our UK Corrosion Centre to our laboratories in: • Norway • Italy • Middle East • USA
Slide 21: Continuous ‘Self Help’ Programme
Continuous ‘Self Help’ Programme • Continuous cost control • On-going improvement of under-performing facilities • Financing Expansion from our own resources • Focussed on ROCE improvement
Slide 22: Bodycote
Bodycote Testing Thermal Processing