28
1/28

Presentation Semperit April2008 · PDF file · 2009-02-257/28 DIVISION SEMPERFLEX • HYDRAULIC HOSES: Approx. 15% market share in Europe • INDUSTRIAL HOSES: Top 3-5 in Europe with

  • Upload
    dangnhi

  • View
    215

  • Download
    2

Embed Size (px)

Citation preview

1/28

2/28

SEMPERIT AT GLANCESEMPERIT AT GLANCE

Worldwide leading manufacturer of rubber products with four divisions

Top market positions in all divisions

Synergies in:

Production

R&D

Purchasing

Sales

17 years of uninterrupted record earnings

3/28

CORPORATE STRATEGYCORPORATE STRATEGY

FOCUS To concentrate on four core business areas and be a dominant player in each sector

INTERNATIONALISATION To consistently internationalize operations by setting up new production sites and developing new markets.

COST LEADERSHIPTo pursue rigorous cost management combined with major increases in productivity.

4/28

SEMPERTRANSSEMPERFORMSEMPERFLEXSEMPERMED

Rubber conveyorbelts with textile and steel-cablereinforcement

Handrails, Railroad, Sheave liners, moulded parts, profiles, spongerubber

Hydraulic hoses, industrial hoses, rubber sheeting

Surgical gloves, examinationgloves, industrialgloves

Products

7777451,4974,074Employees

115.6 EUR m19.0%

111.4 EUR m18.3%

161.7 EUR m26.6%

219.1 EUR m36.1%

Sales 2007in % of the Group

THE DIVISIONSTHE DIVISIONS

5/28

DIVISION SEMPERMEDDIVISION SEMPERMED

• SURGICAL GLOVES:20-25% market share in Europe (market leader)worldwide market share: > 10%

• EXAMINATION GLOVES:15% market share in Europe, 12-14% in USA and 10-15% worldwide

• PRODUCTION SITES:Austria, Thailand, China, Hungary

• TARGET INDUSTRIES: Medical supply, food processing, lab & chemical industry

• COMPETITORS:Ansell, Cardinal Health, Kimberly-Clark Safeskin

6/28

EUR million

Sales 1996 - 2007

DIVISION SEMPERMEDDIVISION SEMPERMED

0

50

100

150

200

250

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

75.085.0

111.7

130.1 135.8

155.3

180.8 179.1 177.4186.4

209.9219.1

7/28

DIVISION SEMPERFLEXDIVISION SEMPERFLEX

• HYDRAULIC HOSES:Approx. 15% market share in Europe

• INDUSTRIAL HOSES:Top 3-5 in Europe with approx. 10% market share

• RUBBER SHEETING:Most important markets are Germany, France, UK, Austria

• PRODUCTION SITES:Austria, Czech Republic, Thailand, Italy, China

• TARGET INDUSTRIES: Machinery/construction equipment, mining, industrial applications

• COMPETITORS:ITR Parker, Gates, Manuli, Alfagomma, Rapisarda, Aeroquip, Trelleborg, Hutchinson

8/28

EUR million

Sales 1996 - 2007

DIVISION SEMPERFLEXDIVISION SEMPERFLEX

0

20

40

60

80

100

120

140

160

180

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

45.852.5

58.4

81.387.3

93.7

108.3114.2

123.7

139.1145.7

161.7

9/28

DIVISION SEMPERFORMDIVISION SEMPERFORM

• PROFILES: Semperit is a prominent supplier of rubber profiles and seals for doors,windows and building construction in Europe

• MOULDED PARTS: Products range from automotive and industrial moulded parts to sanitary and pipe fittings

• HANDRAILS: Approx. 30% market share worldwide• SHEAVE LINERS: Approx. 85% market share worldwide• SKIS FOILES: Approx. 90% market share worldwide• PRODUCTION SITES:

Austria, Germany, Hungary, China, Thailand, USA • TARGET INDUSTRIES:

Construction, public transport, equipment and machinery manufacturers• COMPETITORS:

EHC, Trelleborg, Continental/Phoenix, Hutchinson

10/28

EUR million

Sales 1996 - 2007

DIVISION SEMPERFORMDIVISION SEMPERFORM

0

20

40

60

80

100

120

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

60.364.0 66.5

72.5

45,8

76.4 79.4 81.285.5

90.694.9

108.6 111.4

11/28

DIVISION SEMPERTRANSDIVISION SEMPERTRANS

• CONVEYOR BELTS:Market share of approx. 20% in Europe with conveyor belts enforcedwith textiles or steel ropes; Export worldwide

• PRODUCTION SITES:France, Poland, India

• TARGET INDUSTRIES: Mining, material handling

• COMPETITORS:Fenner, Continental/Phoenix, Goodyear, Bridgestone

12/28

EUR million

Sales 1996 - 2007

DIVISION SEMPERTRANSDIVISION SEMPERTRANS

0

20

40

60

80

100

120

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

46.8 46.0 47.7 46.0

64.5

80.4 80.884.3 85.4

94.5

109.2115.6

13/28

PRICE FOR NATURAL RUBBERPRICE FOR NATURAL RUBBER

Source: Weber & Schaer

14/28

SEMPERITSEMPERIT’’S WORLDS WORLD--WIDE WIDE PRESENCEPRESENCE

Singapore

15/28

GLOBAL PRESENCEGLOBAL PRESENCE

Wimpassing, Austria Sempermed/-flex/-formDeggendorf, Germany SemperformWaldböckelheim, Germany SemperflexParis-Argenteuil, France SempertransRovigo, Italy SemperflexSopron, Hungary Sempermed/-formHatyai, Thailand Sempermed/- flex/-formShanghai, China Sempermed/-flex/-formOdry, Czech Republic SemperflexNew Jersey, USA SemperformBelchatow, Poland SempertransRoha, India Sempertrans

PRODUCTION SITES

16/28

FINANCIAL OVERVIEWFINANCIAL OVERVIEW

17/28

CONTINUALLY SALES GROWTHCONTINUALLY SALES GROWTH

0

100

200

300

400

500

600

700

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

EUR million

Sales 1996 - 2007

227.9247.5

284.4329.9

363.9

409.1451.2 463.5 477.4

515.0

574.1607.8

18/28

SALES BY REGIONSALES BY REGION

409.1 EU excl. Austria56.7%

Austria5.7%

Rest of Europe7.3%

America19.3%

Asia and the rest of the world11.0%

19/28

RISING EARNINGS BEFORE TAXRISING EARNINGS BEFORE TAX

0

10

20

30

40

50

60

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

EUR million

Earnings before tax 1996 - 2007

11.8

19.9

29.432.7

36.938.3

41.644.3

52.053.6 54.3

59.6

20/28

THE SEMPERIT WORKFORCETHE SEMPERIT WORKFORCE

0

1000

2000

3000

4000

5000

6000

7000

8000

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

Increase in employees since 1996 and a steady level of employment in Austria

Total on average

In Austria5,065

3,758

4,9505,283 5,073 5,284

5,6915,886

5,710

6,1856,689

7,118

21/28

FOCUS PRODUCTIVITYFOCUS PRODUCTIVITY

0

5

10

15

20

25

30

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

26.6

29.027.4

25.2

22.8 22.321.4 21.1

19.8

18.116.8

Decline in personnel costs as a % of sales

16.7

22/28

BUSINESS DEVELOPMENT 2007BUSINESS DEVELOPMENT 2007

• Consolidated sales increased by 6% to EUR 608 m • EBIT up 26% to EUR 64 million• Favourable market environment, particularly in Europe and Asia• High capacity utilization in all factories• Started with the production of synthetic surgical gloves in Wimpassing• Further growth in all divisions

– Sempermed +4.4 %– Semperflex +11.0 %– Semperform +2.6 %– Sempertrans +5.9 %

• Price rises for raw materials successfully offset by productivity improvements, material savings and increases in Semperit’s selling prices

• EBIT margin rose to 10.5%• Unfavourable development of important exchange rates (EUR/USD, BAHT/USD)

23/28

KEY FIGURESKEY FIGURES

6,185

38.8

1.79

36.7

53.6

515.0

2005

7,1186,6895,7105,8865,6915,2845,0735,283Employees on average

25.050.825.015.226.138.227.225.4Investments in EUR million

2.171.951.511.321.181.101.070.80Earnings/sharein EUR

44.640.030.826.923.922.321.916.0Net profit afterminorities in EUR million

59.654.352.044.341.638.336.932.7EBT in EUR million

607.8574.1477.4463.5451.2409.1363.9329.9Sales in EUR million

20072006200420032002200120001999

24/28

OUTLOOK 2008OUTLOOK 2008

• Further improvements in sales and profits

• Efficiency improvements through further optimization of the production processes

• Capacity expansion in selected production plants

• High volatility for raw material prices

• Unfavourable development of important currencies

25/28

PERFORMANCE OF THE SEMPERIT SHAREPERFORMANCE OF THE SEMPERIT SHARE

26/28

Free float < 50%

B&C Holding> 50%

SHAREHOLDER STRUCUTRESHAREHOLDER STRUCUTRE

27/28

FINANCIAL CALENDERFINANCIAL CALENDER

119th Annual General Meeting May 20, 20081st quarter report 2008 May 20, 2008Ex-dividend day May 26, 2008Dividend payout May 30, 20081st half-year report 2008 August 22, 20083rd quarter report 2008 November 21, 2008

28/28

Thank you for your attentionThank you for your attention