Andritz Ag · VIE:ANDR
Andritz — Investor Day (2008)
14 slides from Andritz's investor day presentation, 2008
Slide 1: Feed & Biofuel – Capital Market Days 2008
Feed & Biofuel Capital Market Days 2008, Austria Disclaimer Certain statements contained in this presentation constitute ‛forward-looking statements.’ These statements, which contain the words ‛believe’, ‛intend’, ‛expect’ and words of similar meaning, reflect management’s beliefs and expectations a
Slide 2: Andritz Feed & Biofuel at a glance
Contents ANDRITZ FEED & BIOFUEL – OVERVIEW Feed and biofuel market and growth drivers Strategy and outlook 2009 Capital Market Days 2008/Feed & Biofuel_Friedrich Papst Slide No. 3 Andritz Feed & Biofuel at a glance Applications and sales split 2007 Products and services Conventional feed: 57% Servic
Slide 3: Strong growth through organic expansion and acquisitions
Strong growth through organic expansion and acquisitions Sales Andritz Feed & Biofuel (MEUR) 137.8 120.6 107.0 108.4 99.2 99.6 93.6 69,0 67.8 59.6 Acquisitions 1995 Jesma-Matador 2000 UMT 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2005 Chemes Strojarne Development of order mix 1998 2003 2007
Slide 4: Global presence
Global presence Sales 2007: 137.8 MEUR Main locations Sales by region: Esbjerg, Denmark Divisional headquarter: R&D, manufacturing and Europe: 47% engineering of machines and systems. North America: 27% Humenne, Slovakia South America: 15% Machines and components. Manufacturing source Asia: 7% f
Slide 5: Competitors (I)
Competitors (I) Conventional feed Total market: ~ 620 mill. tons p.a. feed ~ 500 mill. EUR p.a. technology business Andritz: 18% Bühler: 12% CPM: 10% Muyang: 8% Van Aarsen: 4% Others: 48% Source: Andritz estimate Capital Market Days 2008/Feed & Biofuel_Friedrich Papst Slide No. 9 Competitors (II
Slide 6: Competitors (III) / Animal feed market growth
Competitors (III) Biofuel/wood pelleting Total market: ~ 15 mill. tons p.a. pellets ~ 100 mill. EUR p.a. technology business* Andritz: 52% Bühler: 14% CPM: 14% A. Kahl: 6% Others: 14% Source: Andritz estimate; * pelleting lines Capital Market Days 2008/Feed & Biofuel_Friedrich Papst Slide No. 11
Slide 7: Andritz technology in the animal feed industry
Andritz technology in the animal feed industry Andritz market position: top 3 Andritz market share: 18% Feed ingredients Animal feed factory Human Food Animal Human food processing production Animal Feed Capital Market Days 2008/Feed & Biofuel_Friedrich Papst Slide No. 13 Important animal feed r
Slide 8: Aquatic feed market growth
Aquatic feed market growth Customer profile trend: Vertically integrated international/regional fish Mill. tons/year farming and fish processing companies growing. Growth 2006-2008: ~6-8% p.a. Regional commercial aquatic feed producers stagnating/reducing. 45 Main growth regions: Asia (Tilapia
Slide 9: Important aquatic feed reference: Emsland Aller Aqua
Important aquatic feed reference: Emsland Aller Aqua Greenfield aquatic feed extrusion plant in Germany (completion September 2008), 60,000 tons/year. Capital Market Days 2008/Feed & Biofuel_Friedrich Papst Slide No. 17 Andritz in the pet-food industry Pet-food Pet-food ingredients factory Pet-food
Slide 10: Important pet-food references / Biofuel market growth
Important pet-food references: Wagg Foods and Kormotech Wagg Foods, UK: 2x8 tph, Kormotech, Ukraine: handover 2003 + 2006 5-7 tph, handover 2005 Capital Market Days 2008/Feed & Biofuel_Friedrich Papst Slide No. 19 Biofuel/wood pelleting market growth Customer profile trend: Number of large project
Slide 11: Andritz in the biofuel/wood pelleting industry
Andritz in the biofuel/wood pelleting industry Andritz market position: top 1 Andritz market share: 50% Wood Raw powder and Municipal heating materials pellet factory and electricity production Wood powder and wood pellets Domestic heasting Capital Market Days 2008/Feed & Biofuel_Friedrich Papst
Slide 12: Andritz in the recycling and fuel industry
Andritz in the recycling and fuel industry Raw Waste processing materials station Pelleting plant Energy consumers Energy production Waste pellets Capital Market Days 2008/Feed & Biofuel_Friedrich Papst Slide No. 23 Important recycling and fuel reference: AVR Waste pelleting, Netherlands: 8 tph, han
Slide 13: Strategic goals
Contents Andritz Feed & Biofuel – overview Feed and biofuel market and growth drivers STRATEGY AND OUTLOOK 2009 Capital Market Days 2008/Feed & Biofuel_Friedrich Papst Slide No. 25 Strategic goals Maintain profitability above 8% (EBITA margin). Continuation of organic growth at > 5%. Being the
Slide 14: Outlook 2009
Outlook 2009 Current market development: So far no substantial slow down in inquiries or order intake. Animal feed: Generally good investment activities in emerging regions like South America or Eastern Europe. Aquatic feed: Slow down of Asian aquatic feed growth (regional saturation). Increased gro