Ssab Ab Class A · OMXSTO:SSAB_A
Ssab Ab Class A — Investor Day (October 2014)
18 slides from Ssab Ab Class A's investor day presentation, Oct 1, 2014
Slide 1: SSAB Special Steels
SSAB Special Steels Per Olof Stark EVP & Head of SSAB Special Steels
Slide 2: Global steel and service partner in AHSS and Q&T steels
Global steel and service partner in Advanced High Strength Steels and Quenched & Tempered steels 2 October 1, 2014 Per Olof Stark
Slide 3: Our Special Steels product offering
Our Special Steels product offering Wear steels for maximum payload Wear Steels and service life Know-how and services High strength steels Structural for demanding, Steels sustainable & lightweight solutions Ready-to-use Protection steel for Protection engineering tool the safety of life and and To
Slide 4: SSAB Special Steels – a subset of former SSAB and Ruukki definitions
SSAB Special Steels – a subset of former SSAB and Ruukki definitions Scope of new Special Steels division Only Hot Rolled products All Quenched and Tempered products Highest grades of Advanced High Strength Steels (AHSS products ≥700 MPa) Former Ruukki Former SSAB “special” definition “niche”
Slide 5: Global production system for improved service
Global production system for improved service Mobile Raahe Two Q&T lines for plate Two Q&T lines, one for strip Cost effective production for and one for plate products the Americas and Asian Integrated site with markets advanced metallurgy Long experience in direct quenching Borlänge Oxel
Slide 6: Merged product portfolio is the widest in the world
Merged product portfolio is the widest in the world High strength plates High strength strips Yield strength(MPa) Yield strength(MPa) 1300 1300 Extreme 1100 1100 strength 960 960 900 Thin Typical high Thick 900 Wider range plates strength steel plates with plate range SSAB-Ruukki 700 700 combination
Slide 7: Sales split and development
Sales split and development Quarterly Net sales Net sales by market area MSEK 4 000 Rest of the 3 500 world 3 000 Europe 2 500 2 000 1 500 1 000 500 0 North 1/13 2/13 3/13 4/13 1/14 2/14 America Sales development reflects a stable Shipments 2013: 1.1 million tonnes demand at somewhat low level
Slide 8: Profitability
Profitability EBIT and EBITDA MSEK 500 16% H1/14 H1/13 2013 14% 400 12% EBITDA 848 812 1051 300 10% 200 8% EBITDA, % 12% 12% 8% 6% 100 4% EBIT 580 538 501 0 2% 0% EBIT % 8% 8% 4% -100 -2% -200 -4% -300 -6% Positive effect from cost savings 1/13 2/13 3/13 4/13 1/14 2/14 program EBIT EBITDA EBITDA %
Slide 9: We expect to capture MSEK 250 in synergies over the next 3 years
We expect to capture MSEK 250 in synergies over the next 3 years We have identified and verified Impact of synergies (MSEK) MSEK 250 of cost synergies Most of the synergies are deriving 250 from production/raw material 225 optimization and integration of sales and support functions 150 Full ef
Slide 10: Short-term demand outlook for special steels improving slightly in several geographies
Short-term demand outlook for special steels improving slightly in several geographies North America Europe Improving demand in recycling, construction machinery and heavy Heavy transport demand stable – transport expect gradual improvement Modest recovery in lifting Construction lifting equ
Slide 11: Our strategic priorities
Our strategic priorities 1 Accelerate growth in Q&T and AHSS using the strengthened capabilities from the combination Global leadership in 3 high strength steels 2 Improve customer Leading home Leading value Build new businesses in service and market positions added services wear services and use of
Slide 12: Global position and ambition for accelerated growth
Global position and ambition for accelerated growth Current strong market positions Key regions for future growth SSAB sales presence, leverage through expanded product portfolio Trend to upgrade into high strength steels drives the demand growth 12 October 1, 2014 Per Olof Stark
Slide 13: Developing the downstream business model with Wear Services
Developing the downstream business model with Wear Services Products and applications for the wear market and aftermarket “One stop shop” for Wear Services within, e.g. infrastructure and recycling Strengthen presence within the mining sector By expanding our offering, we become a more compl
Slide 14: Full service offering in Wear Management gives higher effectiveness for customers
Full service offering in Wear Management gives higher effectiveness for customers Spare parts Hard Facing Wear Monitoring On Site Service Fabrication Reverse engineering 14 October 1, 2014 Per Olof Stark
Slide 15: Customers will benefit from combined product portfolio: Serin Treyler, Turkey
Customers will benefit from combined product portfolio: Serin Treyler, Turkey Case Example Design combines Hardox 400&450 for bottom and side walls, and Optim 700MC for flanges and web 500kg lower weight and 3x longer lifetime expected as benefits, compared to design based on standard S355 steel 15
Slide 16: Thick plate quenching line opens up new segments
Thick plate quenching line opens up new segments Case Example New thick plate Weldox application Projects ongoing in US and Asia SSAB to provide Weldox 700 EQ70 up to 6.5” thick for side/back plates on Cameron jack- up’s 16 October 1, 2014 Per Olof Stark
Slide 17: Summary
Summary Market leading product portfolio Innovation leader – Applications – Product development – Fabrication Broad geographic coverage – Own sales and marketing resources in >50 countries Global production system – Improved service to customers – Synergies to be captured 17 October 1, 2014
Slide 18: A stronger, lighter and more sustainable world
A stronger, lighter and more sustainable world SSAB