Georg Fischer AG · SIX:GF
Georg Fischer — Investor Presentation (August 2022)
32 slides from Georg Fischer's investor presentation, August 2022
Slide 1: Investors Presentation
August 2022 Investors Presentation Andreas Müller (CEO), Mads Joergensen (CFO) and Daniel Bösiger (IR)
Slide 2: Pioneering industrial technology
Pioneering industrial technology 1802 GF Corporate GF founded in Schaffhausen (Switzerland) 1864 GF Piping Systems First piping systems product 1897 GF Casting Solutions First automotive part 1921 GF Machining Solutions First machinery 1802: Johann Conrad Fischer | 1864: Malleable iron fitting | 189
Slide 3: Today GF stays at the forefront of new technologies
Today GF stays at the forefront of new technologies Sales CHF 3'722 million, EBIT CHF 278 million and 15'111 employees in 2021 Our core strength lies in applying 53% state-of-the-art industrial technologies GF Piping Systems We are specialists in developing tailored solutions to meet the needs of ou
Slide 4: Strong presence in all important regions
Strong presence in all important regions Present in 41 countries 83 production sites 115 sales sites 11 R&D centers Americas Europe Asia Pacific 12 32 39 13 43 59 2 7 2 4 Schaffhausen, August 2022 | Investors Presentation
Slide 5: Key financial figures – five years overview
Key financial figures – five years overview Sales Organic growth EBIT EBIT margin in CHF million in % before one-offs in CHF before one-offs in % million 4,572 4,150 15.9 8.5 8.4 3,720 3,722 352 382 7.6 7.5 3,184 9.8 6.5 281 278 5.8 185 -4.1 -8.4 ROIC FCF bef. acq./divest. Net debt / EBITDA Equity r
Slide 6: H1 2022 results – a further step towards 2025 targets
H1 2022 results – a further step towards 2025 targets Order intake +12% +14% +15% +3% in CHF million 2,048 2,209 1,246 1,115 1,440 462 488 471 478 GF GF Piping Systems GF Casting Solutions GF Machining Solutions Sales +11.1% +14.0% +5.4% +10.7% in CHF million 1,835 1,971 983 1,094 1,528 459 449 393
Slide 7: Our Vision
Our Vision GF is a sustainability and innovation leader providing superior customer value 7 Schaffhausen, August 2022 | Investors Presentation
Slide 8: Strategy 2025 is about profitable growth with emphasis on resilience and learning
Strategy 2025 is about profitable growth with emphasis on resilience and learning GF Piping Systems GF Casting Solutions GF Machining Solutions Sales Sales Sales CHF 2.2 bn CHF 1.1 bn CHF 1.1 bn 1 Drive profitable growth through intelligent and Return on sales Return on sales Return on sales 13 – 15
Slide 9: GF proactively captures global opportunities
GF proactively captures global opportunities Slowbalization Urbanization Water Scarcity Global Warming Energy E-Mobility Digitalization Miniaturization Aging Population 9 Schaffhausen, August 2022 | Investors Presentation
Slide 10: Sustainability investments in production facilities world-wide…
Sustainability investments in production facilities world-wide… A water balance program that includes investment in tanks, reuse of water at GF Piping Systems site in Jawa Barat (Indonesia) 2'000 efficient LED lights installed that reduce electricity consumption by half compared to previous lights a
Slide 11: … with a real impact towards our targets 2025
… with a real impact towards our targets 2025 Product portfolio CO2e emissions Scope 1 + 2 Unrecycled waste intensity index % of total sales with GFMS % of NPI* sales 1'000 tCO2e unrecycled waste per unit of prod vol (%) S&E benefits with S&E benefits +2.6% -21% -20% 63 70 100 330 100 91 92 58 60 68
Slide 12: Our ESG efforts are clearly recognized by leading agencies
Our ESG efforts are clearly recognized by leading agencies Rating Agency Rating Scale External recognition 18% 22% 28% The FT Financial Times has 4% 12% 12% 4% named GF as one of Europe's AA climate leaders for the second year CCC B BB BBB A AA AAA Updated: 22.04.2022 in a row (2021 & 2022) As of Ma
Slide 13: GF Piping Systems
GF Piping Systems 13 Schaffhausen, August 2022 | Investors Presentation
Slide 14: Business overview
Business overview Industry 39% Industry Position: International market leader Sales 37% Utility Major competitors: Simona, Aliaxis, 1'971 Spears, Watts Water, Sekisui, Asahi, 24% Building Technology Yukizai, Agru Utility Position: World #1 for PE electrofusion 36% Europe fittings Sales 32% Asia Majo
Slide 15: Business segments
Business segments Chemical Process Building Water Treatment Water Distribution Industry Technology Gas Distribution Microelectronics Datacenters Marine Cooling Global presence Customized solutions Prefabrication Competitive Strong set of market segments / Brand recognition Advantages applications /
Slide 16: "Antonie" – First green hydrogen-powered cargo ship
"Antonie" – First green hydrogen-powered cargo ship 3 piping loops needed in the ship Dutch inland shipping must reach zero emission by 2050 Water (cooling) First green hydrogen-powered cargo ship to be launched in 2023 Hydrogen All piping systems for fuel cell supplied by GF in PROGEF Standar
Slide 17: HEAT-FIT - Ultimate fire protection
HEAT-FIT - Ultimate fire protection Fire retardant pipe jacket system to bring lightweight, corrosion- 1 30% less weight free plastic piping Ultra light alternative to standard systems for essential metal piping systems. applications onboard. ecoFIT Inside 2 Zero hazardous materials compatible with
Slide 18: GF Casting Solutions
GF Casting Solutions 18 Schaffhausen, August 2022 | Investors Presentation
Slide 19: Business overview
Business overview Automotive Position: Europe Top 3 80% Automotive Sales Major competitors: 12% Industrial Applications Light-metal: Nemak, Handtmann, DGS, KSM 880 8% Aerospace / Energy Castings, Bocar, Ryobi, Meridian Iron: Fujiwa Machinery Industry, Infun Industrial Applications Position: Europe T
Slide 20: Business segments
Business segments Light Vehicle E-Mobility Off Highway & Trucks Industrial Applications Aerospace Energy Global presence Development partner Solution provider Competitive Advantages Light Metal competence Sustainable logistics 20 Schaffhausen, August 2022 | Investors Presentation
Slide 21: Strong expertise in e-drive solutions and lightweight structural parts
Strong expertise in e-drive solutions and lightweight structural parts Transmission Housing Shock Tower Rear Door Frame Cross Car Beam VW MEB Platform Audi E-Tron Mercedes-Benz EQC Jaguar I-Pace Source: VW, Audi, Mercedes Benz, Jaguar 21 Schaffhausen, August 2022 | Investors Presentation
Slide 22: Visible magnesium parts with A surface quality
Visible magnesium parts with A surface quality The very high surface quality requirements can only be met through long-standing experience in Magnesium casting and very reliable manufacturing processes. Defender – Land Rover High surface requirements Visible edges partly ready cast and punched w
Slide 23: Noor III – Stable foundation in rough terrain
Noor III – Stable foundation in rough terrain Noor III Project - Marocco 250m high tower, surrounded by 7'400 heliostats Each heliostats with a reflective area of ~ 175m2 Turbine Power: 150 Megawatt Continues to provide energy for 7 hours after sunset Provides power for 1.2 million people
Slide 24: GF Machining Solutions
GF Machining Solutions 24 Schaffhausen, August 2022 | Investors Presentation
Slide 25: Business overview
Business overview EDM 29% EDM Position: Top 3 25% Milling Sales Major competitors: Sodick, Fanuc, 16% Adv. Manufacturing 873 Mitsubishi, Makino / Automation & Tooling ICT 30% Customer Services Milling Position: HSM Top 5 Major competitors: Makino, Hermle, Röders, 46% Europe DMG Mori, Exeron Sales 34
Slide 26: Business segments
Business segments Aerospace & Air ICT & Electronics Automotive Medical Defense New Energy Packaging Consumer Goods Home Appliances Machinery Vehicles Automation Integrated technical Customer proximity solution provider Competitive Advantages Global presence Center of competence Customer Service 26 S
Slide 27: Tool technology of tomorrow - fully automized tool technology centers
Tool technology of tomorrow - fully automized tool technology centers System 3R Fanuc linear cell with milling & wire EDM machines and System 3R Tooling packages, installed at a Schaeffler Group factory Multi-technology integration Scalable Overall efficiency above standard Standard docking station
Slide 28: Laser texturing – functional surfaces with digital precision
Laser texturing – functional surfaces with digital precision Laser S 1000 Replaces manual sandblasting with a digital machine process Avoids manual work No contamination by chemical components 100% Reproducibility No fading of the logo and UDI marking Functional surface (hydrophobic / lo
Slide 29: GF at a glance
GF at a glance Strategy focus on profitable growth with emphasis on resilience and learning through intelligent and sustainable solutions, a resilient portfolio, operational excellence and evolving culture towards more performance and learning Products and services addressing demand of global mega t
Slide 30: Our Purpose
Our Purpose Becoming better every day – since 1802 30 Schaffhausen, August 2022 | Investors Presentation
Slide 31: Thank you!
Thank you! 31 Schaffhausen, August 2022 | Investors Presentation
Slide 32: Disclaimer
Disclaimer This document is for presentation purposes only and should not be construed as an offer, invitation or solicitation to subscribe for, purchase or sell any investment. Neither it nor anything it contains shall form the basis of any contract whatsoever. Opinions expressed herein reflect the