Thyssenkrupp Ag · XETR:TKA
Thyssenkrupp — Investor Presentation (December 2009)
68 slides from Thyssenkrupp's investor presentation, December 2009
Slide 1: Presentation ThyssenKrupp Group December 2009
Presentation ThyssenKrupp Group December 2009 0
Slide 2: ThyssenKrupp Group New organizational structure
ThyssenKruppGroup Neworganizational structure (Inter-segment sales not consolidated) ThyssenKruppAG FY2008/09:Sales€40.6bn • EBT€!2.36#bn • TKVA€!3.42#bn • Employees187,495 Steel Stainless Technologies Elevator Services Sales Umsatz €14.4 €9.9 bn Sales Umsatz €7.4 €4.5 bn Sales €10.6 bn Sales €5.3 b
Slide 3: Disclaimer
DisclaimerThyssenKruppAG “Theinformationsetforthandincludedinthispresentationisnotprovidedinconnectionwithanofferorsolicitationforthepurchase orsaleofasecurityandisintendedforinformationalpurposes only. Thispresentationcontainsforward-lookingstatementsthataresubjecttorisksanduncertainties. Statement
Slide 4: Highlights FY2008/09
HighlightsFY2008/09 Accelerationofmanagementmeasuresin Efficiency– Projects– Portfolio Majorcostreductioninitiated: Reductionofstructuralovercapacitiesacrossallsegments Restructuringandimpairmentchargesof€1,387mbooked Threeconsecutivequarterswithpositivefreecashflow Netdebt€2.06bn Returntoprofitabil
Slide 5: Agenda
Agenda FinancialAchievementsandGroupPerformance Measures:EfficiencyImprovementandPortfolioOptimization SegmentPerformance OutlookforGroupandBusinessAreas Presentation ThyssenKrupp Group December 2009 4
Slide 6: Focus on Accelerated Realization of Liquidity and Value Potentials
FocusonAcceleratedRealizationofLiquidityandValuePotentials Efficiency Projects Portfolio CSA/Vale TKPLuS: Adjustmentof €1.8bn mgmtgains IndustrialConcepts: IndustrialServices €3.6bn NWCrelease CSA TKIN SteelUSA < €4.3bn Capex Safway StainlessUSA Xervon stopped NeO: effectiveOctober1st MarineSystems
Slide 7: Earnings Before Taxes
EarningsBeforeTaxes EBTasreported million€ EBTbeforemajornonrecurringitems million€ 2008/09 2008/09 333 !283# 240 !455# FY:inventory writedowns !452# !772# !734# andwindfall losses !2,364# €1,154m !332# !1,377# thereof 1€m2: Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 Steel 0 33 47 210 Q1 Q2 Q3 Q4 FY Stainl. 264 151
Slide 8: Segment Overview – Quarterly EBT
SegmentOverview– QuarterlyEBT 2007/08 2008/09 million€ Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Steel 353 396 389 402 1,540 251 56 !348# 14452 14862 beforemajornonrec.items 419 462 534 470 1,885 335 86 !183# 12442 162 Stainless !45# 38 93 40 126 !249# !373# !204# 11202 19462 beforemajornonrec.items !42# 42 96
Slide 9: Reconciliation of EBT before Major Nonrecurring Items
ReconciliationofEBTbeforeMajorNonrecurringItems FY2008/09 million€ Majornonrecurringitems2008/09million€ EBT EBT Q1 Q2 Q3 Q4 FY before major asreported nonrecurring • Steel: - project costs: !76# !22# !19# !97# !214# items - restructuring: !8# !3# !146# !80# !237# - impairments: !5# !24# !29# Majorn
Slide 10: Net Financial Debt
NetFinancialDebt Developmentofnetfinancialdebt inFY2008/09 million€ !1,584# !2,059# Gearing Freecashflow:13382 thereof: Gearing 13.8% • Steel 2,593 21.2% thereof: 199 !4,236# TKCSA 1,527 3,699 NAFTASteel 608 • Stainless 342 Divestments thereof: NAFTAStainless 182 • Technologies 812 • Elevator 136 •
Slide 11: ThyssenKrupp Rating
ThyssenKruppRating Longterm- Shortterm- Outlook rating rating Standard&Poor’s BB+ B stable Moody’s Baa3 Prime-3 negative Fitch BBB- F3 negative Restoring/maintaininginvestmentgradestatus withallthreeratingagenciesiskey! Presentation ThyssenKrupp Group December 2009 10
Slide 12: Solid Financial Situation – No Short-Term Refinancing Needs
SolidFinancialSituation– NoShort-TermRefinancingNeeds LiquidityanalysisandmaturityprofileofgrossfinancialdebtasofSeptember30,2009 million€ 9,784 Available committed creditfacilities 4,239 Total:7,604 Cashand cashequivalents 5,545* 2,515 1,738 1,567 963 444 377 2009/10 2010/11 2011/12 2012/13 2013/14
Slide 13: Agenda
Agenda FinancialAchievementsandGroupPerformance Measures:EfficiencyImprovementandPortfolioOptimization SegmentPerformance OutlookforGroupandBusinessAreas Presentation ThyssenKrupp Group December 2009 12
Slide 14: Efficiency Improvement – Restructuring Measures
EfficiencyImprovement– RestructuringMeasures Impairments Restructuringcharges 83 13 1,387 30 million € 643 2 Corporate 28 Elevator, Services,mainly: • Material Services 519 324 mainly: • Escalators International Stainless,mainly: (European site Hamburg • Nirosta consolidation) • AST (Italy) 319 70 1
Slide 15: Efficiency Improvement – Management Gains
EfficiencyImprovement– ManagementGains Realizedmanagementgains Corporate Realizedmanagementgains Sustainabletargeted bysegment billion€ managementgainsbillion€ ~1.8 1.5– 2.0 Corporate Based onexisting Services 4% Steel restructuring 15% ~1.0 measures/ 36% initiatives ~€1.8bn Excluding effects Techno
Slide 16: Portfolio Optimization Overview
PortfolioOptimizationOverview ValuecrystallizationComplexityandriskreductionCashgeneration Measure Salesvolume Strategicrationale ed clos SaleofCSAstaketoVale TighteningofrelationshipwithVale ed sign SaleofTKIndustrieservice €330m Bestowner ed Focusoncoreactivitiesin SaleofTKSafway sign $715m Materi
Slide 17: Agenda
Agenda FinancialAchievementsandGroupPerformance Measures:EfficiencyImprovementandPortfolioOptimization SegmentPerformance OutlookforGroupandBusinessAreas Presentation ThyssenKrupp Group December 2009 16
Slide 18: Steel
Steel FY2008/09Highlights EBTin€m EBTreported Orderintakein€m Majornonrecurring items EBTbefore major nonrecurring items 251 335 84 56 86 30 13482 11832 14452 12442 14862 162 165 480 3,188 3,986 3,765 3,260 2,036 1,651 2,321 2,406 201 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY 2007/08 2008/09 CommentsQ4
Slide 19: Steel: Output, Shipments and Revenues per Metric Ton
Steel:Output,ShipmentsandRevenuesperMetricTon Crudesteeloutput1incl.shareinHKM2 1,000t/month Shipments:Hot-rolledandcold-rolledproducts 1,000t/month HKMshare Cold-rolled Hot-rolled 1,153 1,205 1,239 1,196 1,174 1,161 1,171 1,260 1,308 1,152 1,076 1,115 1,129 1,064 1,104 241 291 307 281 245 277 284 8
Slide 20: Steel: Inventories and Months of Supply
Steel:InventoriesandMonthsofSupply Inventoriesand Inventoriesand Inventories MonthsofSupply- Europe MonthsofSupply- USA China 3.0 7 9 4.5 8 Inventories MOS Inventories MOS Inventories GmtH GmonthsH GmstH GmonthsH GmtH 8 7 2.5 6 4.0 7 6 2.0 5 6 3.5 5 5 1.5 4 3.0 4 4 3 1.0 3 3 2.5 2 2 0.5 2 2.0 1 1 0.
Slide 21: Temporary De-Coupling of Ramp-Up of CSA and Steel USA
Temporary De-Coupling ofRamp-Up ofCSAandSteelUSA BASteelAmericas BASteelEurope Europe NAFTA 1 Q1 2010 Duisburg SoP HotStripMill Q22010 SteelUSA 2 3 mid Q2 2010 2011 Temporary slab supply exDuisburg SplitRamp-Up 1 tosupport ramp-up atSteelUSA SoP BlastFurnace #1: Q22010 SoP BlastFurnace #2: Q42011 2
Slide 22: Premium Flat Carbon Steel Multiple Niche Strategy
PremiumFlatCarbonSteelMultipleNicheStrategy SalesbyMaturityFY2008/09 in% Priceindex Index!Q31997=100# Spot 11 CRU 260 Quarterly 15 240 220 ThyssenKrupp 63 Annual& 11 200 Steel Half-year >1year 180 160 140 120 SalesbyIndustryFY2008/09 in% 100 80 Others Automotiveindustry 60 Construction 1incl.supplie
Slide 23: Transatlantic Strategy Based on Optimum Cost-Quality Position
TransatlanticStrategyBasedonOptimumCost-QualityPosition IndustrialCostCurve2012 Hot-RollingCapacities,NAFTA USD/t; m t/yr ThyssenKruppBusinessArea SteelAmericaswith strongcost and USD/t Premiumquality & Ø prices quality position technologyleadership TKBASteel Americas Ø prices NAFTA Evenbased oncons
Slide 24: Stainless
Stainless FY2008/09Highlights EBTin€m EBTreported Orderintakein€m Majornonrecurring items EBTbefore major nonrecurring items 12492 12422 13732 13092 12042 11532 11202 145219462 17492 75 51 7 2,150 2,001 1,732 1,577 966 819 1,207 1,155 64 197 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY 2007/08 2008/09 Com
Slide 25: Stainless: Output, Shipments and Revenues per Metric Ton
Stainless:Output,ShipmentsandRevenuesperMetricTon Crudesteeloutput* 1,000t/month Shipments*:Hot-rolledandcold-rolledproducts 1,000t/month *includingcarbon,forging,Ni-Alloys Hot-rolled,includingslabs *notconsolidated Cold-rolled,includingprecisionstrip 189 192 231 226 170 178 210 208 223 157 34 158 1
Slide 26: Stainless: Market Situation
Stainless:MarketSituation Germany1cold-rolled products2 USA1hot- andcold-rolled products allshapes2 Stocklevel:INDEXJan2005=100 Stocklevel:INDEXJan2005=100 StockReach:Calendar Days StockReach:Calendar Days 160 160 StockLevel StockLevel AverageStockReach StockReach StockReach 140 AverageStockReach 14
Slide 27: Stainless: Restructuring Market Volatility Requires Flexible Cost Base
Stainless:Restructuring MarketVolatilityRequiresFlexibleCostBase Europeancold-rolling production ofTKStainless 1quarter2 U000tV Flexibilization oflabor utilization employment* Technical 1FTE## capacity 400 100%capacity utilization 100% -20% Flexibilization 80%capacity utilization 80% Laborcosts 300
Slide 28: Technologies
Technologies FY2008/09Highlights EBTin€m EBTreported Orderintakein€m Majornonrecurring items ImpactofmajorcancellationsatMarineSystems EBTbefore major nonrecurring items !containerships,megayachts,submarinesGreece# 164 11052 1292 11872 1952 17402 1972 18682 1572 76 92 ~100 ~500 643 811 3,212 3,108 3
Slide 29: Plant Technology & Components Technology: Different Recovery Scenarios
PlantTechnology&ComponentsTechnology: Allrelevantindustriesaffectedwithdifferentrecoveryscenarios PlantTechnology: ComponentsTechnology: Sales€4,450m;EBT€236m1# Sales€4,603m;EBT€!458#m2# PlantEngineering Automotive InfrastructureandEnergy Cement, PassengerCars/ HeavyCommercial Earth-moving WindEnerg
Slide 30: Marine Systems: Planned Target Structure
MarineSystems:PlannedTargetStructure ExitFromCivilShipbuilding;FocusonNavalEngineeringandSubmarines Howaldtswerke DeutscheWerft Blohm+VossNordseewerke Blohm+VossShipyards &Services !HDW# !BVN# !BVSS# Kiel Hamburg Emden Hamburg Submarines Naval Mega Yachts Container Naval Mega Yachts Service Componen
Slide 31: Elevator
Elevator FY2008/09Highlights EBTreported EBTin€m Majornonrecurring items Orderintakein€m EBTbefore major nonrecurring items 592 156 158 146 163 558 34 2 148 2 123 93 30 1,466 1,464 1,324 1,281 1,562 1,189 1,186 1,101 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY 2007/08 2008/09 CommentsQ42008/09 Currenttra
Slide 32: New Infrastructure Orders (I) Metro Lines and Airports
NewInfrastructureOrders!I# MetroLinesandAirports Mod Baku,Azerbaijan 6 escalators NI Rome,Italy 41 elevators 88 escalators Rome,LineC Chongqing,Line3 NI Cairo,Egypt 13 elevators 64 escalators NI Chongqing,China 87 escalators NI SaoPaulo,Brazil 65 escalators SaoPaulo,Linha Verde Madrid Mod Madrid,Spa
Slide 33: New Infrastructure Orders (II) Buildings
New Infrastructure Orders!II# Buildings PalaisQuartier,Frankfurt,Germany NI Madinaty/AlRehab 584 elevators Cairo,Egypt NI PalaisQuartier 48 elevators Frankfurt,Germany !incl.1TWIN# 28escalators NI DeutscheBörse 15 elevators Eschborn,Germany NI UniversityofKentucky 24 elevators Lexington,USA NI Latif
Slide 34: Services
Services FY2008/09Highlights EBTin€m EBTreported Majornonrecurring items Orderintakein€m EBTbefore major nonrecurring items 30 1782 11232 11112 11002 1172 12712 11762 83 12 3,951 4,322 4,677 4,503 3,746 2,514 2,256 2,650 95 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY 2007/08 2008/09 CommentsQ42008/09 Cur
Slide 35: Services: Price Developments
Services:PriceDevelopments Rolled Steel €/t Stainless Steel€/t 1,000 4,500 940 Delta Sections /broad flanged beam 4,338 900 855 Cold rolled sheets 2,033 800 Galvanized sheets 4,000 800 Quartoplates !R37-2# 700 3,500 3,248 600 455 3,000 500 420 420 385 2,305 400 2,500 Stainlesscold-rolledsheets 300 i
Slide 36: Agenda
Agenda FinancialAchievementsandGroupPerformance Measures:EfficiencyImprovementandPortfolioOptimization SegmentPerformance OutlookforGroupandBusinessAreas Presentation ThyssenKrupp Group December 2009 35
Slide 37: Outlook FY2009/10 – Group
OutlookFY2009/10– Group Sales Moderatestabilization Significantimprovementinearnings,despitenegativeimpactofAmericasprojects: Lowthree-digitmillion€ positive, Adjusted EBT incl. project costs, startup losses, depreciation and interest expenses of Americas projects 1mid-rangethree-digitmillion€2 High
Slide 38: Reconciliation of EBT 2008/09
ReconciliationofEBT2008/09 EBT EBT EBT bef.mjr nritems asreported Internalreallocation asreported andbeforeinternal beforeinternal ofinterestand afterinternal reallocation reallocation admin.expenses reallocation* SteelEurope!SE# 16 !241# !44# !197# SteelAmericas!AM# !2# !216# 0 !216# StainlessGloba
Slide 39: Outlook FY2009/10 – Business Areas (I)
OutlookFY2009/10– BusinessAreas!I# FY2008/09 OutlookFY2009/10 Sales* EBTasreported* Steel Improvementinvolumesandcapacity Europe €9,570m €!197#m utilizationwithaveragerevenuesperton !SE# belowprior-yearlevel Steel NegativeEBTcontribution!mid-rangethree- Americas €0m €!216#m digitmillion€#duetoprojec
Slide 40: Outlook FY2009/10 – Business Areas (II)
OutlookFY2009/10– BusinessAreas!II# FY2008/09 OutlookFY2009/10 Sales* EBTasreported* Elevator Continuedhighearningscontributions Technology €5,308m €570m thankstostrongorderbacklogandstable !ET# modernizationandmaintenancebusiness Plant Goodrevenuesandearningsexpectedfrom Technology €4,450m €236m pr
Slide 41: The Way Forward to Sustainable Value Creation
The WayForwardtoSustainable Value Creation FY2008/09 FY2009/10 FY2010/11etseq. Profitability Value Creation Liquidity EBT>0 TKVAandFCF>0 Operatingcashflow:€3.7bn Reductionofrisk Growthinvestmentsof Capex reduction: throughrealizedasset ~€2.5bn inFY2009/10 <€4.3bn spent impairments StartupofSteel&Sta
Slide 42: Financial Calendar – 2009/2010
FinancialCalendar– 2009/2010 January21,2010 AnnualGeneralMeeting,Bochum/Germany February12,2010 InterimReport1stquarter2009/10!OcttoDec# ConferenceCallwithanalystsandinvestors May12,2010 InterimReport1sthalf2009/10!OcttoMar# ConferenceCallwithanalystsandinvestors August13,2010 InterimReport9months20
Slide 43: How to Contact ThyssenKrupp AG Investor Relations
HowtoContactThyssenKruppAGInvestorRelations InstitutionalInvestorsand Analysts: Phone:+49211824-36464 Tobeaddedtothe IRmailinglist,sendusa Fax:+49211824-36467 briefe-mailwithyour details! E-mail:[email protected] Internet:www.thyssenkrupp.com Presentation ThyssenKrupp Group December 2009 42
Slide 44: Agenda Appendix
Agenda Appendix Presentation ThyssenKrupp Group December 2009 43
Slide 45: Group Overview (I)
GroupOverview!I# 2007/08 2008/09 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Orderintake €m 13,270 14,084 14,181 13,670 55,205 12,887 7,642 7,926 7,515 35,970 Sales €m 12,270 13,199 14,181 13,776 53,426 11,522 9,859 9,299 9,883 40,563 EBITDA €m 1,083 1,197 1,366 1,330 4,976 764 142 !180# !534# 192 EBIT €m 748 849
Slide 46: Group Overview (II)
GroupOverview!II# 2007/08 2008/09 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Capitalexpenditures* €m 889 1,014 975 1,349 4,227 1,105 1,090 898 1,143 4,236 Depreciation/amort. €m 335 349 346 374 1,404 357 418 417 663 1,854 Operatingcashflow €m !170# 1,003 676 2,170 3,679 !860# 1,483 1,331 1,745 3,699 +Cashflowfro
Slide 47: Balance Sheet Structure
BalanceSheetStructure Netfinancialposition,equityandratios million€ 25.4% 26.7% 22.1% 24.5% 27.4% 27.6% 23.4% Equityratio 55.2% 34.0% 2.2% 18.42% 12.12% 13.8% 21.2% Gearing 11,489 10,447 Equity 9,696 8,927 8,327 7,944 7,671 4,235 2,833 2,059 1,584 Netfinancial 177 !747#* !223#* position Sep2003 Sep2
Slide 48: Steel: Segment Overview
Steel:SegmentOverview Steel 2007/08 2008/09 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Orderintake €m 3,188 3,986 3,765 3,260 14,199 2,036 1,651 2,321 2,406 8,414 Sales €m 3,214 3,639 3,902 3,603 14,358 2,925 2,405 2,272 2,343 9,945 EBITDA €m 561 599 587 599 2,346 475 255 !144# !196# 390 EBIT €m 392 434 426 448
Slide 49: TKCSA: One of the Most Cost-Efficient Slab Plants in the World
TKCSA:OneoftheMostCost-EfficientSlabPlantsintheWorld IndustrialCostCurve2012 IndustrialCostCurve2012 SlabCapacities,Brazil GlobalSlabCapacities vertically integrated steel plants !ore and/or coal# cash cash cost ThyssenKrupp cost UUSD/tV CSA UUSD/tV TK CSA 0 10 20 30 40 50 0 500 1,000 slab capacitie
Slide 50: CSA: Split Ramp-Up Maximizes Flexible Response to Market Changes
CSA:SplitRamp-Up Maximizes FlexibleResponsetoMarketChanges 2010 2011 2012 UmtV 5 potentialmarket- TKCSA: slab production 4 oriented upside Line#2 run-rate Split 3 Ramp-Up 2 Line#1 1 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 BF#1 Ready Start Ramp-Up BF#2 Ready Start Start by Key Converter/ #1 Ready Start Cont.
Slide 51: Competitive Advantage – Example: Technology of Hot Strip Mill
CompetitiveAdvantage– Example:TechnologyofHotStripMill Head-to-HeadComparisonofUSHotStripMills ThyssenKruppSteelUSA 7 #Stands BestinClass e.g.,superior defect free surface and more consistent e.g.,coiled plate mechanical properties 6 market entry 1 Thickness 6 JinchK 6 5 0.685 0.625 0.50 6 0.375 6 e
Slide 52: Stainless: Segment Overview
Stainless:SegmentOverview Stainless 2007/08 2008/09 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Orderintake €m 2,150 2,001 1,732 1,577 7,460 966 819 1,207 1,155 4,147 Sales €m 1,838 1,955 1,933 1,694 7,420 1,173 988 1,030 1,295 4,486 EBITDA €m 8 98 154 103 363 !189# !251# !98# !62# 16002 EBIT €m !23# 60 115 62 21
Slide 53: Increasing Non-Volatile Customer Bases
Increasing Non-Volatile Customer Bases Salesstructure within ThyssenKruppStainless StainlessSteelSalesbyCustomerGroup StainlessSteelContractStructure Household Others Tubes Applications 7 10 4 Automotive ShortTermContracts 11 +<0.5year- 40% Metal Processing 7 8 53 WhiteGoods SSC/Trading based on shi
Slide 54: Stainless: Price Development and Import Situation
Stainless:PriceDevelopment andImportSituation Pricedevelopment:recoverygainingsustainability Cold-rolled imports from third countries U000t/MonthV BasePriceEU* 51.9 Asia Americas Others 41.9 Alloy Surcharge EU 36.1 36.4 EUR/t Nickel US$/t 21.5 22.5 19.9 20.2 16.9 20.2 17.1 19.3 18.9 5,000 55,000 4,5
Slide 55: Cash- and Market-Oriented Adjustments with Maximum Flexibility
Cash- andMarket-OrientedAdjustmentswithMaximumFlexibility! Ramp-UpCurveofCold-RolledShipmentsandMeltShop 1,000 t/quarter Cash- andmarket-oriented Ramp-upofStainlessUSA 260 1,000t/ Meltshopcapacity:~900,000t/year SoP 1stCRMincalendarQ42010 240 quarter Cold-rolledcapacity:~350,000t/year 220 installati
Slide 56: Technologies: Segment Overview
Technologies:SegmentOverview Technologies 2007/08 2008/09 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Orderintake €m 3,212 3,108 3,397 3,773 13,490 4,897 1,723 1,367 593 8,580 Sales €m 2,822 3,029 3,357 3,204 12,412 2,921 2,656 2,483 2,580 10,640 EBITDA €m 256 261 272 257 1,046 245 5 !55# !333# 11382 EBIT €m 170
Slide 57: Plant Technology: Excellent Market Positions
PlantTechnology:Excellent MarketPositions !Selected Examples# Fertilizer Electrolysis Polymers (Ammonia & Urea) (Chlorine, Sodium hydroxide) (PVC, HDPE, PET) Uhde No.1 Uhde No.1 Uhde No.2 Cokeplanttechnologies Miningand Cementproduction (Coke oven batteries) MaterialHandling Uhde No.1 Polysius No.3
Slide 58: Uhde: Focus on Plastics
Uhde:FocusonPlastics Aboveaveragegrowthforplasticsingrowthregionsexpected 259 1980 2004 2010 Per-capita consumption ofplastics !inkg# 2010 Consumption ofplastics !inmillion tpa# 96 129 124 108 60 100 101 49 87 21 32 13 18 26 26 13 37 45 50 13 10 13 15 8 20 10 25 40 3 9 2 NorthAmerica WesternEurope J
Slide 59: Naval Shipbuilding: Leading Market Positions and Technologies
NavalShipbuilding:LeadingMarketPositionsandTechnologies MarketshareThyssenKruppMarineSystems TechnologyLeadership Air-independentpropulsionsystem Fuelcell Submergedtime4-5x techno- greaterthanwith ~40% ~60% logy commonbatteryoperation Gasturbinesandwater Modern Navalsurfacevessels Non-nuclearsubmari
Slide 60: Rothe Erde: Expansion Strategy
RotheErde:ExpansionStrategy Marketoutlook for windenergy +annual growthinGWaccording toBTM-Study 2009- NorthAmerica Europe Asia thereof China GW GW GW GW 25 25 25 25 20.2 20 17.0 20 20 15.3 20 15 15 15 15 8.9 9.2 10.5 10 10 10 8.2 10 6.2 5 5 5 5 0 0 0 0 2008 2009 2010 2011 2012 2013 2008 2009 2010 2
Slide 61: Elevator: Segment Overview
Elevator:SegmentOverview Elevator 2007/08 2008/09 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Orderintake €m 1,466 1,464 1,324 1,281 5,535 1,562 1,189 1,186 1,101 5,038 Sales €m 1,184 1,164 1,211 1,371 4,930 1,343 1,293 1,328 1,344 5,308 EBITDA €m 134 112 113 150 509 173 164 183 117 637 EBIT €m 126 94 98 132 450
Slide 62: Services: Segment Overview
Services:SegmentOverview Services 2007/08 2008/09 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Orderintake €m 3,951 4,322 4,677 4,503 17,453 3,746 2,514 2,256 2,650 11,166 Sales €m 3,867 4,232 4,603 4,634 17,336 3,726 2,903 2,539 2,728 11,896 EBITDA €m 190 195 306 297 988 94 !21# !62# !41# 1302 EBIT €m 153 156 268
Slide 63: Corporate/Consolidation: Overview
Corporate/Consolidation:Overview Corporate/Consolidation 2007/08 2008/09 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Orderintake €m !697# !797# !714# !724# 12,9322 !320# !254# !411# !390# 11,3752 Sales €m !655# !820# !825# !730# 13,0302 !566# !386# !353# !407# 11,7122 EBITDA €m !66# !68# !66# !76# 12762 !34# !10#
Slide 64: Major Nonrecurring Items (I)
MajorNonrecurringItems!I# 2008/09 Segment BusinessArea Q1 Q2 Q3 Q4 FY Steel: ProjectcostsTKCSA !57# !17# !8# !88# 11702 ProjectcostsNAFTASteel !19# !5# !11# !9# 1442 RestructuringMetalForming SteelEurope !8# !3# !11# !37# 1592 RestructuringTKSteel SteelEurope !126# !1# 11272 RestructuringColor/Const
Slide 65: Major Nonrecurring Items (II)
MajorNonrecurringItems!II# 2008/09 Segment BusinessArea Q1 Q2 Q3 Q4 FY Technologies: RestructuringSystemEngineering PlantTechnology !1# !22# 1232 RestructuringTransrapid PlantTechnology !5# !10# 1152 RestructuringForgingGroup ComponentsTechnology !19# !12# !97# 11282 RestructuringBilstein Components
Slide 66: Major Nonrecurring Items (III)
MajorNonrecurringItems!III# 2008/09 Segment BusinessArea Q1 Q2 Q3 Q4 FY Elevator: RestructuringFahrtreppenHamburg ElevatorTechnology !26# 1262 OtherRestructuring !2# !2# !2# 162 ImpairmentFahrtreppenHamburg ElevatorTechnology !2# 122 Services: RestructuringMaterialServicesInternational MaterialsServ
Slide 67: Overview Business Areas – FY2008/09
OverviewBusinessAreas– FY2008/09 Steel Steel Stainless Materials Elevator Plant Components Marine Europe Americas Global Services Technology Technology Technology Systems Orderintake €m 7,892 0 4,147 12,085 5,038 3,538 4,177 870 Sales €m 9,570 0 4,486 12,815 5,308 4,450 4,603 1,594 EBITDA €m 487 !73
Slide 68: Disclaimer
DisclaimerThyssenKruppAG “Theinformationsetforthandincludedinthispresentationisnotprovidedinconnectionwithanofferorsolicitationforthepurchase orsaleofasecurityandisintendedforinformationalpurposes only. Thispresentationcontainsforward-lookingstatementsthataresubjecttorisksanduncertainties. Statement