Continued profitable growth Q results
|
|
- Erick Morgan
- 5 years ago
- Views:
Transcription
1 ABB LTD, ZURICH, SWITZERLAND, JULY 9, 208 Continued profitable growth Q2 208 results Ulrich Spiesshofer, CEO; Timo Ihamuotila, CFO
2 Important notices This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are based on current expectations, estimates and projections about the factors that may affect our future performance, including global economic conditions, and the economic conditions of the regions and industries that are major markets for ABB Ltd. These expectations, estimates and projections are generally identifiable by statements containing words such as expects, believes, estimates, targets, plans, outlook, on track, 208 framework or similar expressions. There are numerous risks and uncertainties, many of which are beyond our control, that could cause our actual results to differ materially from the forward-looking information and statements made in this presentation and which could affect our ability to achieve any or all of our stated targets. The important factors that could cause such differences include, among others: business risks associated with the volatile global economic environment and political conditions costs associated with compliance activities market acceptance of new products and services changes in governmental regulations and currency exchange rates, and such other factors as may be discussed from time to time in ABB Ltd s filings with the U.S. Securities and Exchange Commission, including its Annual Reports on Form 20-F. Although ABB Ltd believes that its expectations reflected in any such forward-looking statement are based upon reasonable assumptions, it can give no assurance that those expectations will be achieved. This presentation contains non-gaap measures of performance. Definitions of these measures and reconciliations between these measures and their US GAAP counterparts can be found in the Supplemental reconciliations and definitions section of Financial Information under Quarterly results and annual reports on our website at Slide 2
3 Agenda Q2 208 financial performance 208 update Slide 3
4 Q2 208 continued profitable growth Profitable Growth Total orders +8%, base orders +9% Order growth up in all divisions and regions Book to bill.07x, >x in all divisions ABB Ability solutions driving growth GEIS integration process well underway Relentless Execution Operational EBITA margin +60 bps to 3.0% Operating EPS growth +27% 2 Ongoing net cost savings Business-led Collaboration Global Strategic Alliance with HPE, Rittal for edge data center solutions Strategic brand migration; ABB Formula-E Slide 4 On a comparable basis, % yoy; 2 Operational EPS growth is in constant currency (204 foreign exchange rates)
5 Q2 208 financial summary Orders Base orders Revenues $9.5 bn $8.8 bn $8.9 bn +8% +9% +% Operational EBITA margin Operational EPS Cash flow from operating activities 3.0% $ bps +27% 2 $,00 mn Slide 5 On a comparable basis, % yoy; 2 Operational EPS growth is in constant currency (204 foreign exchange rates)
6 Q2 208 orders Order growth in all regions Total orders +8% yoy Base orders +9% yoy Growth by region and top 3 country markets in $ terms USA +7% Canada +0% Brazil -3% China +23% India +% S. Korea -7% AMERICAS +7% AMEA 3 +7% EUROPE +2% Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q2 8 Germany +2% Italy +9% Sweden -7% Base orders ($ bn) Large orders ($ bn) 2 Slide 6 Change on a comparable basis; 2 Defined as orders above $5 mn; 3 AMEA: Asia, Middle East and Africa
7 Q2 208 Power Grids Order growth $ mn 2,500 5 % ,000, % ,000 Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q2 8 Large orders 3rd party base orders Comparable total orders (% yoy) -20 Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q2 8 Comparable revenues (% yoy) Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q2 8 Operational EBITA margin (%) Target corridor 205-7, Target corridor to end 207 Target corridor from 208 Orders $2,577 mn Third-party base orders +7% yoy Growth from digital grid solutions, renewables integration Power Up initiatives gaining traction 2 Revenues $2,354 mn Order backlog end Q -7% yoy, weighed on revenues Backlog to -4% yoy end Q2 Operational EBITA $232 mn Margin yoy -40 bps Impacted by lower revenues Cost management initiatives in place Slide 7 Large orders in the chart above includes large orders (defined as orders above $5 mn) and internal Group orders; 2 On a comparable basis
8 Q2 208 Electrification Products Continued operational leverage $ mn % 2,800 2,600 2, % , ,000 Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q2 8-0 Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q2 8 Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q2 8 Large orders 3rd party base orders Comparable total orders (% yoy) Comparable revenues (% yoy) Operational EBITA margin (%) Target corridor Orders $2,727 mn Third-party base orders +4% yoy Broad based growth Growth for data center, e-mobility solutions 2 Revenues $2,673 mn Order backlog end Q2 +5% yoy Operational EBITA $430 mn Margin yoy +00 bps Operating leverage, pricing measures Slide 8 Large orders in the chart above includes large orders (defined as orders above $5 mn) and internal Group orders; 2 On a comparable basis
9 Q2 208 Industrial Automation Exceptional order growth $ mn % 2,000,750,500, % ,000 Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q2 8-5 Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q2 8 Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q2 8 Large orders 3rd party base orders Comparable total orders (% yoy) Comparable revenues (% yoy) Operational EBITA margin (%) Target corridor Orders $2,005 mn Total orders +30% yoy 2 reflects strong B&R contribution Third-party base orders +9% yoy 3 Broad based growth across business units and regions Signs of recovery in process industries Revenues $,839 mn Order backlog end Q -8% yoy; end Q2-4% yoy Strong book-and-bill offsets lower backlog Operational EBITA $260 mn Margin yoy +70 bps Positive mix, strong project execution, some one-time effects Slide 9 Large orders in the chart above includes large orders (defined as orders above $5 mn) and internal Group orders; 2 Reported orders in local currency terms including portfolio changes; 3 On a comparable basis
10 Q2 208 Robotics and Motion Strong execution $ mn % 3,000 2,500 2,000, ,000 Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q % Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q2 8 Q 7 Q2 7 Q3 7 Q4 7 Q 8 Q2 8 Large orders 3rd party base orders Comparable total orders (% yoy) Comparable revenues (% yoy) Operational EBITA margin (%) Target Corridor Orders $2,540 mn Third-party base orders +6% yoy 2 Growth across all business units and regions Recovery in process industries Revenues $2,36 mn Order backlog end Q2 +6% yoy Solid execution of order backlog and book-and-bill Operational EBITA $374 mn Margin yoy +00 bps Positive volume and mix, continued productivity efforts Slide 0 Large orders in the chart above includes large orders (defined as orders above $5 mn) and internal Group orders; 2 On a comparable basis
11 Q2 208 Operational EBITA Operational EBITA bridge Q2 207 to Q2 208 ($ mn) 2.4% op. EBITA margin 3.0% op. EBITA margin ,042,67 Op. EBITA Q2 207 Net savings Commodities Net Volume Invest growth, incl. digital Mix Other Acq./Div. Forex Op. EBITA Q2 208 Slide
12 Other financial items $ mn unless otherwise stated H 208 FY 208 framework H 208 H2 208 framework Corporate Operational EBITA (278) ~(550) Net finance expense (02) ~(20) Cash flow from operating activities 492 Solid cash delivery Non-operating items Normal restructuring (7) ~(200) Power Up program ~(20) ~(20) Capital expenditure (465) ~(,000) Effective tax rate 27.5% 27% PPA-related amortization (45) ~(45) GEIS PPA-related amortization n.a. ~(25) GEIS inventory revaluation n.a. ~(25) GEIS integration costs (62) ~(20) Slide 2
13 Driving profitable growth in four entrepreneurial divisions Q2 highlights penetration, innovation, expansion Power Grids Electrification Products Industrial Automation Robotics and Motion Power Up driving growth and market expansion Penetration across high growth markets Selective recovery in process industries Expansion of robotics automotive solutions Grid integration and automation solutions Data center solutions, including edge partnership with HPE, Rittal Digitalization of industrial operations Additional expertise in robotics welding solutions 5-year frame agreement, Ørsted, offshore wind, UK Commissioning of Lefdal Mine data center, Norway Partner for greenfield coal to chemical plants for Yitai, China Acquisition of AB Rotech, specialist OEM supplier across Turkey, SE Europe Slide 3
14 ABB Ability making a quantum leap in digital Q2 growth highlights Power Grids Electrification Products Industrial Automation Robotics and Motion ABB Ability Network Manager DERMS ABB Ability MNS Digital 2 ABB Ability MineOptimize ABB Ability Connected Services Smart distribution network software for renewables Scalable, modular LV smart switchgear solution Software solutions for efficient design, build and operation of mining assets Machine-learning / AI based condition diagnostics Up to 25% reduction in total energy supply cost 30% operating cost savings Enhanced productivity, safety, e.g. 24% reduction in downtime Improves security of supply 20% reduction in infrastructure investment >50% reduction in ventilation energy costs 60% faster turnaround Slide 4 DERMS = distributed energy resource management system; 2 MNS = registered trademark for ABB s low voltage switchgear solution
15 Leading position in e-mobility Attractive market Number of EV charging points installed (millions per year) ~2 EV charge points % EV of car sales ABB # OEMs Renewables integration Grid reinforcements EV charging EV manufacturing ~23 24% ABB s position Early mover (start up 20) Technology leadership 350kW DC fast chargers ABB Ability Connected Services Large installed base 7,000+ fast chargers; 60+ countries Unique reach 00+ countries; 30,000+ global service employees 00+ years of customer relationships Global end-to-end electrification leadership Branding reinforced through 4 KEY BUILDING BLOCKS Slide 5 Source: Bloomberg New Energy Finance, ABB assumptions
16 Ongoing portfolio management Shifting ABB s center of gravity Strengthening competitiveness Solutions & service Partnerships: IBM, Azure, HPE, Rittal, Kawasaki, Ballard GEIS Expand in earlier cycle industries Business model change Cable, terminal block, EPC divestitures KEYMILE acquisition Robotics acquisitions, e.g. NUB3D, AT Rotech Discrete B&R acquisition PIE : Expansion in highgrowth markets Lowering risk Driving organic growth Slide 6 PIE: Penetration, Innovation and Expansion
17 ABB completes acquisition of GE Industrial Solutions (GEIS) Global #2 position in electrification strengthened Deal rationale Market access Expanded access to North America Significant installed base globally Performance improvement Non-core business for GE Significant value creation potential: ABB technology leadership Cost synergies Comprehensive electrification portfolio Complementary portfolio and solutions Strategic supply partnership GE to tap ABB s leading portfolio through long-term supply partnership Slide 7
18 GEIS integration process well under way Future Signing Closing Value creation Process Integration Best practice Regulatory approvals completed New EP business unit established Key staff retained Leadership structure in place Clean team drove accelerated road-map and business structure Transition plan in place from Day Resources identified to secure synergies Plans for infusion of ABB technology readied Operating model, ways of working agreed Clear performance targets set, inline with acquisition business case First joint order received Build on strong cultural alignment Expand access to North American market Leverage ABB technology leadership, ABB Ability Create leading global electrification business Product and technology portfolio harmonization Footprint optimization Supply chain savings SG&A cost reduction Build on deep customer relationships and strong brand Raise GEIS performance to peer levels Slide 8
19 GEIS synergy capture update Expected annual cost synergies ($mn) ~200 ~20 H Expected annual costs ($mn) Sources of synergies Approximately $200 mn run-rate by 2022 Product and technology portfolio harmonization Footprint optimization Supply chain savings SG&A cost reduction Post-closing integration costs, H2 8 to 2022 ~$480 mn pre-tax one-off costs 2 of which ~80% non-operational ~$30 mn lower cash taxes versus prior estimate H Slide 9 Pre-tax; 2 Cumulative, pre-tax
20 Relentless execution Driving performance and productivity through Lean Six Sigma Power Grids Electrification Products Industrial Automation Robotics and Motion HV factory, Sweden Protection & Connection products across 2 sites Measurement & Analytics factory, Italy Motor factory, U.S.A Resolving SCM issues Raising standards Full site upgrade Moving to best-in-class 67% reduction in leadtime to customers +50% improvement in quality performance 49% cut in inventory +22% increase in productivity +30% lowered lead-time Tripled customer satisfaction score +40% increase in delivery performance months consecutive ontime delivery Supporting ongoing savings equivalent to 3-5% of COGS p.a. Slide 20
21 Strengthening the global ABB brand Brand migration >,000 trademarks under one masterbrand Strategic brand positioning Impact Increase in brand equity >$2.5 bn Recognition as digital leader 2 #2 Employer of choice in the technological sector 3 # Q2: ROME, PARIS, BERLIN, ZURICH Number of job applications 4 +00% Slide 2 Brand Finance reports 25 most valuable engineering and construction brands 208 and 207 combined; 2 Ipsos, Brand Reputation Study 207, global data: survey ranking for digital reputation, digital leadership and association with digitalization versus peers; 3 Universum Student Research 208, Switzerland s most attractive employers in the field of engineering; 4 Source: ABB internal
22 ABB better positioned in a better market Summary Market outlook Q2 highlights Utilities Industry Transport & Infrastructure Renewables Transmission & distribution Conventional power generation O&G upstream Mining Hybrid & discrete O&G mid/downstream, chemicals Metals Other process Data centers Buildings Marine Rail Total orders +8%, base orders +9% 2 Order growth up in all divisions and regions ABB Ability solutions driving growth GEIS integration process well underway Operational EBITA margin +60 bps to 3% Operating EPS growth +27% 3 Key Slide 22 >3% -3% 0-% <0% Source: Bloomberg, Rystad, IMS, AME and others; 2 On a comparable basis; 3 Operational EPS growth is in constant currency (204 foreign exchange rates)
23
24 Key figures Q2 208 Q2 8 Q2 7 Change yoy in $ mn unless stated otherwise $ Local currency Comparable Orders 9,483 8,349 +4% +% +8% Order backlog (end June) 24,24 23,553 +3% +4% -% Revenues 8,889 8,454 +5% +3% +% Operational EBITA,67,042 +2% +8% as % of operational revenues 3.0% 2.4% +0.6 pts Income from operations % as % of revenues 0.8% 0.4% +0.4 pts Net income attributable to ABB % Basic earnings per share ($) % Operational earnings per share ($) Cash flow from operating activities % +27% 2, % Slide 24 Calculated on earnings per share before rounding; 2 Operational EPS growth rate is in constant currency (204 foreign exchange rates)
25 Total and base orders By division Q2 8 Q2 7 Change yoy in $ mn unless stated otherwise Comparable Power Grids Total orders 3 rd party base orders 2,577 2,28 2,427,96 +5% +7% Electrification Products Total orders 3 rd party base orders 2,727 2,553 2,52 2,393 +6% +4% Industrial Automation Total orders 3 rd party base orders 2,005,75,492,32 +5% +9% Robotics and Motion Total orders 3 rd party base orders 2,540 2,363 2,28,966 +% +6% Corporate and Other Total orders 3 rd party base orders (366) 35 (300) 40 n.a. n.a. ABB Group Total orders 3 rd party base orders 9,483 8,749 8,349 7,68 +8% +9% Slide 25
26 Q2 208 orders Total orders +8% yoy Base orders +9% yoy,2 Growth by region and top 3 country markets in $ terms Growth by region and top 3 country markets in $ terms USA +6% Canada +0% Brazil -2% China +20% India +2% UAE +33% USA +7% Canada +0% Brazil -3% China +23% India +% S. Korea -7% AMERICAS +7% AMEA 3 +7% AMERICAS +7% AMEA 3 +7% EUROPE +0% Germany +2% Italy +66% UK +29% EUROPE +2% Germany +2% Italy +9% Sweden -7% Slide 26 Change on a comparable basis; 2 Defined as orders below $5 mn; 3 AMEA: Asia, Middle East and Africa
27 Order backlog by division End June 208 End June 207 Change yoy in $ mn unless stated otherwise $ Comparable Power Grids 0,47,085-6% -4% Electrification Products 4,449 3, % +5% Industrial Automation 5,496 5,578 -% -4% Robotics and Motion 4,262 4,056 +5% +6% Corporate and Other (464) (386) n.a. n.a. ABB Group 24,24 23,553 +3% -% Year of revenue capture for end June 208 backlog Thereafter Backlog conversion estimate 53% 29% 8% Slide 27 including GEIS acquisition
28 Cash flow from operating activities by division in $ mn unless stated otherwise Q2 8 Q2 7 Change yoy Power Grids % Electrification Products % Industrial Automation % Robotics and Motion % Corporate and Other (74) (243) n.a. ABB Group, % Slide 28
29 Operational EPS analysis Q2 8 Q2 7 In $ mn, except per share data in $ EPS EPS Change yoy Net income (attributable to ABB) % Operational adjustments: Acquisition-related amortization Restructuring and restructuring-related expenses Non-operational pension cost (credit) Changes in retained obligations of divested businesses 0 0 Changes in pre-requisition estimates 2 Gains and losses on sale of businesses - 7 Acquisition-related expenses and non-operational integration costs 5 8 Certain non-operational items FX / commodity timing differences in income from operations Tax on operational adjustments Operational net income / Operational EPS % 4 Slide 29 Calculated on earnings per share before rounding; 2 Including White Collar Productivity implementation costs; 3 Tax amount is computed by applying the Adjusted Group effective tax rate to the operational adjustments, except for gains and losses from sale of businesses for which the actual provision for taxes resulting from the gain or loss has been computed; 4 Operational EPS growth rate is in constant currency (204 foreign exchange rates)
30 Regional share of total orders and revenues by division Q2 208, in % terms Power Grids Electrification Products Industrial Automation Robotics and Motion Orders Revenues Slide 30 Key: Europe Americas Asia, Middle East and Africa
31 End-customer and product type revenues by division Q2 208, in % terms Power Grids Electrification Products Industrial Automation Robotics and Motion Orders endcustomer market Orders Product type Slide 3 Key: Utilities Industry Transport & Infrastructure Products Systems Services & other
Sustained growth Q results
ABB LTD, ZURICH, SWITZERLAND, OCTOBER 25, 208 Sustained growth Q3 208 results Ulrich Spiesshofer, CEO; Timo Ihamuotila, CFO Important notices This presentation includes forward-looking information and
More informationBERNSTEIN STRATEGIC DECISIONS CONFERENCE 2018
ABB LTD, NEW YORK CITY, USA, 31 MAY 2018 Positioned for profitable growth BERNSTEIN STRATEGIC DECISIONS CONFERENCE 2018 Ulrich Spiesshofer, CEO Important notice This presentation includes forward-looking
More informationUlrich Spiesshofer, President and CEO, ABB LTD
BERNSTEIN STRATEGIC DECISION CONFERENCE, NEW YORK, JUNE 1, 2017 Committed to unlocking value Leadership in the digital revolution Ulrich Spiesshofer, President and CEO, ABB LTD Important Notices This presentation
More informationABB delivers growth in fourth quarter Solid transformation progress in 2016
ABB LTD, ZURICH, SWITZERLAND, FEBRUARY 8, 2017, FULL-YEAR AND Q4 2016 RESULTS ABB delivers growth in fourth quarter Solid transformation progress in 2016 Ulrich Spiesshofer, CEO; Eric Elzvik, CFO Important
More informationABB LTD, ZURICH, SWITZERLAND, OCTOBER 26, 2017, Q RESULTS Continuing growth. Ulrich Spiesshofer, CEO; Timo Ihamuotila, CFO
ABB LTD, ZURICH, SWITZERLAND, OCTOBER 26, 2017, Q3 2017 RESULTS Continuing growth Ulrich Spiesshofer, CEO; Timo Ihamuotila, CFO Important notices This presentation includes forward-looking information
More informationSlide 1. ABB September 9, 2015
Tarak Mehta, Head of Low Voltage Products, ABB Ltd., Capital Markets Day, Next Level Stage 2 New Electrification Products division: Power & Automation for the site Slide 1 Important notices Presentations
More informationABB delivers strong order growth and cash in Q2
ABB delivers strong order growth and cash in Orders up 13% 1 ; book-to-bill ratio of 1.04x 2 Group operational EBITDA 3 impacted by loss in Power Systems (PS) Decisive step change actions implemented in
More informationABB: Continuing growth
ZURICH, SWITZERLAND, OCTOBER 26, 2017: THIRD QUARTER HIGHLIGHTS ABB: Continuing growth Total orders up 5% 1 ; base orders up 6%; higher in all regions Services and software orders up 11%; ABB Ability TM
More informationSolid transformation progress in 2016
ABB LTD, ZURICH, SWITZERLAND, FEBRUARY 8, 2017, FULL-YEAR AND Q4 2016 RESULTS ABB delivers growth in fourth quarter Solid transformation progress in 2016 Ulrich Spiesshofer, CEO; Eric Elzvik, CFO Important
More information2003 fourth quarter and full-year results
Dinesh Paliwal Member of Group Executive Committee, Head of Automation Technologies Division 2003 fourth quarter and full-year results Automation Technologies Copyright 2003 ABB. All rights reserved. -
More informationZurich, February 16, 2012, Ulrich Spiesshofer Discrete Automation and Motion Driving profitable growth. ABB Group February 16, 2012 Slide 1
Zurich, February 16, 2012, Ulrich Spiesshofer Discrete Automation and Motion Driving profitable growth February 16, 2012 Slide 1 2011 a year of profitable growth Highlights Discrete automation Build sizeable
More informationOrlando, Florida March 25 th, 2013 Automation and Power World 2013 Investor Event
Orlando, Florida March 25 th, 2013 Automation and Power World 2013 Investor Event Safe-harbor statement This presentation includes forward-looking information and statements including statements concerning
More informationZURICH, SWITZERLAND, OCTOBER 25, 2018: THIRD QUARTER HIGHLIGH TS
ZURICH, SWITZERLAND, OCTOBER 25, 2018: THIRD QUARTER HIGHLIGH TS Sustained growth Total orders +9% 1, up in all divisions and regions Base orders +7%, up in all divisions and regions Revenues +3%; service
More informationPositioned for profitable growth
ZURICH, SWITZERLAND, FEBRUARY 8, 2018 Positioned for profitable growth Transition delivers streamlined and strengthened portfolio and operations FULL YEAR 2017 HIGHLIGHTS Base orders up 5% 1, higher in
More informationABB accelerates transformation Stage 2 of Next Level Strategy
ABB accelerates transformation Stage 2 of Next Level Strategy London, United Kingdom, September 9, 2015: Capital Markets Day Unlocking additional value through realignment of unique power & automation
More informationABB Fact Sheet Full-year ABB Slide 1
ABB Fact Sheet Full-year 2014 Slide 1 ABB at a glance ABB is a global leader in power and automation technologies with over 120 years of experience. Our success has been driven by a strong focus on R&D
More informationPositioned for profitable growth
Florida, May 21st, 2014 Electrical Products Group Conference Positioned for profitable growth Ulrich Spiesshofer, CEO ABB Ltd. Chart 1 Important notices This presentation includes forward-looking information
More informationSolid transformation progress in 2016
ZURICH, SWITZERLAND, FEBRUARY 8, 2017 ABB delivers growth in fourth quarter Solid transformation progress in 2016 Fourth quarter highlights 3% 1 orders growth driven by large contract awards 9% orders
More informationProposed acquisition of Areva Distribution. December 2, 2009
Proposed acquisition of Areva Distribution December 2, 2009 Disclaimer All forward-looking statements are Schneider Electric management s present expectations of future events and are subject to a number
More informationValvoline Fourth-Quarter Fiscal 2016 Earnings Conference Call. November 9, 2016
Valvoline Fourth-Quarter Fiscal 2016 Earnings Conference Call November 9, 2016 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the
More informationABB: Solid progress on profitability
ABB: Solid progress on profitability Zurich, Switzerland, July 21, 2016: Second-quarter highlights Operational EBITA margin 1 up +100 basis points to 12.7% All divisions in target margin corridor White
More informationABB Innovation & Technology Day
AUBURN HILLS, SEPTEMBER 6, 2017 Writing the digital future takes ability. ABB Ability. ABB Innovation & Technology Day Guido Jouret, CDO Important Notices Presentations given during the ABB Innovation
More informationBernstein Strategic Decisions Conference 2018
Bernstein Strategic Decisions Conference 2018 Forward-Looking Statements Certain statements in this presentation, other than statements of historical fact, including estimates, projections, statements
More informationReport for Q Mr. Tom Erixon President and CEO Alfa Laval Group.
Report for Q3 2018 Mr. Tom Erixon President and CEO Alfa Laval Group Key figures July September 2018 Orders received grew 35% to SEK 11,357 million. Net sales increased 24% to SEK 10,131 million. Adjusted
More informationthird QUARTER 2012 October 26, 2012
third QUARTER 212 October 26, 212 Helena norrman Senior Vice President Communications third QUARTER 212 October 26, 212 This presentation contains forward-looking statements. Such statements are based
More informationThird Quarter 2018 Performance and Business Update. October 24, 2018
Third Quarter 2018 Performance and Business Update October 24, 2018 1 Important Notice Please read this management presentation together with the Company s press release issued earlier today announcing
More informationABB: Next stage of unlocking value
ZURICH, SWITZERLAND, OCTOBER 4, 2016 ABB: Next stage of unlocking value Shaping four focused, market-leading, entrepreneurial divisions: Electrification Products Robotics and Motion Industrial Automation
More informationABB Innovation & Technology Day
AUBURN HILLS, SEPTEMBER 6, 2017 From automated to autonomous ABB Innovation & Technology Day Bazmi Husain, CTO Important Notices Presentations given during the ABB Innovation & Technology Day 2017 includes
More informationGROUPE RENAULT NATIXIS CONFERENCE INDUSTRIALS PLENARY SESSION
GROUPE RENAULT NATIXIS CONFERENCE INDUSTRIALS PLENARY SESSION DISCLAIMER Information contained within this document may contain forward looking statements. Although the Company considers that such information
More informationABB: Steering through challenging markets
ABB: Steering through challenging markets Zurich, Switzerland, October 21, 2015: Third-quarter highlights Order pattern reflects adverse market conditions Base orders -3% 1,2 total orders comparison impacted
More informationThird Quarter 2017 Performance and Business Update. October 26, 2017
Third Quarter 2017 Performance and Business Update October 26, 2017 1 Important Notice Please read this management presentation together with the Company s press release issued earlier today announcing
More informationRoadshow Presentation
Roadshow Presentation June 2, Wilfried Trepels, CFO 1 SAF-HOLLAND - Components Fifth Wheels Kingpins Suspensions Landing Gear Axle Systems 2 SAF-HOLLAND - Business Units Trailer Systems Powered Vehicle
More informationEarnings conference call
Earnings conference call Full year 2017 Åke Bengtsson, President & CEO Andreas Ekberg, Acting CFO February 14, 2018 1 Agenda Business Summary Market Update Sales Financials Way forward 2 Business Summary
More informationThird quarter AB Volvo
Third quarter 2013 Third quarter 2013 TRUCKS EUROPE Excellent reception of the new products decision to optimize manufacturing Highlights in Commercial launch of the new product ranges Strong order situation
More informationQ SALES Strong organic growth, confirmed momentum. October 12, 2017
Q3 2017 SALES Strong organic growth, confirmed momentum October 12, 2017 Q3 2017 Sales Key facts Sales Since January 1, 2017, Faurecia reports on value-added sales, which are total sales less monolith
More informationDeutsche Bank Auto Industry Conference. January 17, 2018
Deutsche Bank Auto Industry Conference January 17, 2018 Safe Harbor Statement Statements contained in, or incorporated by reference into this presentation, future filings by us with the Securities and
More informationVolkswagen Group Capital Markets Day 2017 Volkswagen Truck & Bus
Volkswagen Group Capital Markets Day 2017 Volkswagen Truck & Bus Andreas Renschler Board of Management, Commercial Vehicles Capital Markets Day, 14 th of March 2017 Disclaimer The following presentations
More informationEXANE BNP PARIBAS 13th European Seminar June 8, 2011
EXANE BNP PARIBAS 13th European Seminar June 8, 2011 This presentation may contain forward-looking statements. Such forward-looking statements do not constitute forecasts regarding the Company s results
More informationFISCAL YEAR MARCH 2014 FINANCIAL RESULTS
FISCAL YEAR MARCH 214 FINANCIAL RESULTS Mazda CX-5 Mazda Atenza Mazda Motor Corporation April 25, 214 New Mazda Axela 1 PRESENTATION OUTLINE Highlights Fiscal Year March 214 Results Fiscal Year March 215
More informationEarnings conference call Q4 & FY 2016
Earnings conference call Q4 & FY 2016 Bo Annvik, CEO / Åke Bengtsson, CFO February 10, 2016 1 Agenda Business Highlights Market Update Sales Financials Way forward 2 Business Summary FY 2016 A year with
More informationBRINGING BUILDINGS TO LIFE
2017 Q3 Mattias Johansson, CEO Nils-Johan Andersson, CFO 10 November 2017 BRINGING BUILDINGS TO LIFE Today s presenters Mattias Johansson, CEO and Group President Nils-Johan Andersson, CFO CEO since 1
More informationConference Call H Düsseldorf August 4, 2016
R H E I N M E TA L L A G T H E T EC H N O LO GY G RO U P FO R S EC U R I T Y A N D M O B I L I T Y Conference Call Düsseldorf August 4, 2016 RHEINMETALL AG 2016 Rheinmetall Group Highlights Increased sales,
More informationFISCAL YEAR END MARCH 2013 FIRST HALF FINANCIAL RESULTS. New Mazda6 (Atenza)
FISCAL YEAR END MARCH 2013 FIRST HALF FINANCIAL RESULTS New Mazda6 (Atenza) Mazda Motor Corporation October 31, 2012 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2013 First Half Results Fiscal Year
More informationABB Next Level Big shift in power attractive opportunities
Bernhard Jucker and Claudio Facchin, Capital Markets Day, London, ABB Next Level Big shift in power attractive opportunities Slide 1 Agenda Profitably growing ABB s power business Shifting the center of
More informationCONFERENCE CALL RESULTS Q1 2017
CONFERENCE CALL RESULTS Q1 2017 May 5, 2017 Marc Bunz (CFO) Nicolas-Fabian Schweizer (CTO) AGENDA Market & Strategy Update Financials 2016 Financials Q1 2017 Outlook SCHWEIZER Share Schweizer Electronic
More informationABB: Shaping a leader focused in digital industries
ZURICH, SWITZERLAND, DECEMBER 17, 2018 ABB: Shaping a leader focused in digital industries Fundamental actions to focus, simplify and lead in digital industries for enhanced customer value and shareholder
More informationConférence d Automne - Cheuvreux. Paris, September 26 th, 2011
Conférence d Automne - Cheuvreux Paris, September 26 th, 2011 This presentation may contain forward-looking statements. Such forward-looking statements do not constitute forecasts regarding the Company
More informationReport for Q Key figures - Orders received and margins - Development per segment - Geographical development - Financials - Outlook
Report for Q4 2017 - Key figures - Orders received and margins - Development per segment - Geographical development - Financials - Outlook Mr. Tom Erixon President and CEO Alfa Laval Group Key figures
More informationKongsberg Automotive ASA. Fourth quarter February 28, 2019
Kongsberg Automotive ASA Fourth quarter - February 28, 2019 Highlights Q4 Sales Revenues grew by 21 (7.3%) YoY to 288 including negative FX effects of 1. We booked new business with 77 in expected annual
More information3 rd Quarter 2017 Results
Inside your life! 3 rd Quarter 2017 Results October 25, 2017 Mobile Automotive Display Semiconductor IoT LED Contents Ⅰ. Q3 2017 Earnings Summary Ⅱ. Earnings Highlight & Outlook Ⅲ. Results & Outlook by
More informationH1 2018: Strong organic order growth and profitability increase
Sulzer Management Ltd Neuwiesenstrasse 15 8401 Winterthur Switzerland Phone +41 52 262 30 00 Fax +41 52 262 31 00 In the first half of 2018, Sulzer s rebound continued. Order intake increased by 11.6%
More informationFISCAL YEAR MARCH 2015 FIRST QUARTER FINANCIAL RESULTS. Mazda Roadster 25 th Anniversary Model
FISCAL YEAR MARCH 2015 FIRST QUARTER FINANCIAL RESULTS Mazda Roadster 25 th Anniversary Model Mazda Motor Corporation July 31, 2014 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015 First Quarter
More informationRespect for customers, partners and staff. Service: another name for the respect that a company owes its customers, partners and staff.
Respect for customers, partners and staff Service: another name for the respect that a company owes its customers, partners and staff. Vehicle glass KEY FIGURES (in EUR million) 2004 2003 % change Total
More informationElectrical Products Group Conference, May 21, 2013, Longboat Key, Florida Executing on our strategy to drive higher returns through the cycle Eric
Electrical Products Group Conference, May 21, 2013, Longboat Key, Florida Executing on our strategy to drive higher returns through the cycle Eric Elzvik, CFO Safe-harbor statement This presentation includes
More informationAlfa Laval Slide 3.
Report for Q1 2010 - Orders received and margins - Highlights - Development per segment -Geographical development - Financials - Outlook Mr. Lars Renström President and CEO Alfa Laval Group Key figures
More informationFISCAL YEAR END MARCH 2013 FIRST QUARTER FINANCIAL RESULTS
FISCAL YEAR END MARCH 213 FIRST QUARTER FINANCIAL RESULTS New MAZDA CX-5 Mazda Motor Corporation July 31, 212 1 PRESENTATION OUTLINE Highlights Fiscal Year End March 213 Results Update of Structural Reform
More informationFirst in Mind First in Choice. Capital Markets Day 2006 Gunnar Brock, President and CEO
First in Mind First in Choice Capital Markets Day 26 Gunnar Brock, President and CEO 1 December 4, 26 www.atlascopco.com Atlas Copco in a Snapshot Continuing operations A world leading provider of industrial
More informationFY17 RESULTS BUSINESS UPDATES FY18 OUTLOOK. Nissan Motor Co., Ltd. May 14 th, 2018
Nissan Motor Co., Ltd. May 14 th, 2018 RESULTS BUSINESS UPDATES FY18 OUTLOOK www.nissan-global.com Copyright NISSAN MOTOR CO., LTD. All rights reserved. 2 GLOBAL 91.81 5.08 TIV * 1 vs. 93.52 GLOBAL +1.9%
More information1 st Half 2018 Results. August 1 st, 2018
1 st Half 2018 Results August 1 st, 2018 H1 HIGHLIGHTS & CATEGORY SPOTLIGHTS Gonzalve BICH 2 First Half 2018 Key Messages Challenging market and business environment Continued investment in targeted Brand
More informationZF posts record sales in 2017; announces increased research and development activities
Page 1/5, March 22, 2018 ZF posts record sales in 2017; announces increased research and development activities ZF chief executive officer announces further expansion of research and development activities
More informationFISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS. New Mazda Demio
FISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS New Mazda Demio Mazda Motor Corporation October 31, 2014 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015 First Half Results Fiscal Year March
More informationFY16 results. Business updates. FY17 outlook. Nissan Motor Co., Ltd. May 11 th, 2017
Nissan Motor Co., Ltd. May 11 th, 2017 results Business updates FY17 outlook www.nissan-global.com Copyright NISSAN MOTOR CO., LTD. All rights reserved. 2 (TSE REPORT BASIS CHINA JV EQUITY BASIS) NET REVENUE
More informationResults 1st Quarter 2018/19 1 April 2018 to 30 June 2018
Results 1st Quarter 2018/19 1 April 2018 to 30 June 2018 31 July 2018 Agenda 1. LEM at a Glance 2. Highlights and Business Review 3. Financial Review 4. Strategy HOY / HOYA 2 1. Global Market Leader Market
More informationfy05i06 final results ESPRIT HOLDINGS LIMITED
fy05i06 final results HOLDINGS LIMITED Forward-looking statements This presentation and subsequent discussion may contain certain forward-looking statements with respect to the financial condition, results
More informationManz Automation AG. Conference Call, Full Year Results 2009 March 30, 2010, Reutlingen Dieter Manz/CEO, Martin Hipp/CFO
Manz Automation AG Conference Call, Full Year Results 2009 March 30, 2010, Reutlingen Dieter Manz/CEO, Martin Hipp/CFO Manz Automation is a high-tech equipment supplier for high growth industries is an
More informationVolvo Group THIRD QUARTER 2015 JAN GURANDER. Volvo Group Headquarters Third quarter
Volvo Group THIRD QUARTER 2015 JAN GURANDER 1 VOLVO GROUP Third quarter highlights NET SALES SEK bn 12 months 310 bn IMPROVED PROFITABILITY ON FLAT VOLUMES UNDERLYING OPERATING MARGIN 6.9% 67 73 OPERATING
More informationPresentation to Investors Q results ROYAL DSM HEALTH NUTRITION MATERIALS
Presentation to Investors Q3 2016 results ROYAL DSM HEALTH NUTRITION MATERIALS Safe harbor statement This presentation may contain forward-looking statements with respect to DSM s future (financial) performance
More informationAcquisition of Frank Mohn AS 07/04/2014. Alfa Laval 1
Acquisition of Frank Mohn AS Alfa Laval acquires Frank Mohn AS, a leader in marine and offshore pumping systems, and strengthens its fluid handling portfolio Lars Renström President and CEO Alfa Laval
More informationQ Results Conference Call
Q1 2018 Results Conference Call May 2, 2018 Nasdaq & TSX Ticker: BLDP Power to Change the World 1 Conference Call Participants Randy MacEwen President & CEO Tony Guglielmin CFO Power to Change the World
More informationConsolidated Financial Results for 1Q FY2016 July 29, 2016 Fuji Electric Co., Ltd.
Consolidated Financial Results for 1Q FY2016 July 29, 2016 Fuji Electric Co., Ltd. 2016Fuji Electric Co., Ltd. All rights reserved. 1 Summary of Consolidated Financial Results for 1Q FY2016 (YoY Comparison)
More informationAnnual Press Conference
Annual Press Conference Stuttgart, 16 December 2016 Prof. Dr. Michael Kaschke President & Chief Executive Officer Thomas Spitzenpfeil Chief Financial Officer ZEISS Group, 2015/16 Annual Press Conference
More informationthyssenkrupp Equity Story Components Technology May 2018
thyssenkrupp Equity Story Components Technology May 2018 thyssenkrupp a diversified industrial group Sales 41.4 bn 1 ; EBIT adj. 1.7 bn 1 Continuing operations Components Technology (CT) 7.6 bn 377 mn
More informationFISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS
FISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 First Half Results Fiscal Year March 2018 Full Year Forecast Progress of Key Initiatives/ Business
More informationSolar Group Update on our strategy and value drivers Group revenue and group EBITA in Q2 met expectations. Michael H. Jeppesen, Group CFO
Solar Group Update on our strategy and value drivers Group revenue and group EBITA in Q2 met expectations Michael H. Jeppesen, Group CFO ABG Sundal Collier Q2 seminar, Copenhagen, 27 September 2012 Agenda
More informationNancy Gioia Director, Global Electrification Ford Motor Company
Electrification of Transportation It s s a matter of when, not if Key Trends and Drivers for the Future June 14, 2011 Nancy Gioia Director, Global Electrification Ford Motor Company From our Executive
More informationReport for Q Key figures - Orders received and margins - Development per segment - Geographical development - Financials - Outlook
Report for Q2 2017 - Key figures - Orders received and margins - Development per segment - Geographical development - Financials - Outlook Mr. Tom Erixon President and CEO Alfa Laval Group 1 Key figures
More informationQ3 & 9M 2018 Results Presentation. October 24 th, 2018
Q3 & 9M 2018 Results Presentation October 24 th, 2018 Q3 & 9M HIGHLIGHTS & CATEGORY SPOTLIGHTS Gonzalve BICH 3Q and 9M 2018 Results Presentation 2 9 Months 2018 Key Messages Continued challenging trading
More informationEstablishment of Joint Venture with PSA for EV Traction Motor Business
NIDEC CORPORATION Establishment of Joint Venture with PSA for EV Traction Motor Business Nidec Corporation December 4 th, 2017 Note Regarding Forward-looking Statements These presentation materials and
More informationQ2 and Half-Year 2013 Results
Q2 and Half-Year 2013 Results July 24, 2013 Contents Results for Q2 2013 Outlook for 2013 Information on the Divisions 2 Results Q2 2013 Highlights of Q2 2013 Group unit sales 605,800 (+6%) Record unit
More informationRESULTS 3RD QUARTER AND NINE MONTHS OF 2017/18 1 APRIL 2017 TO 31 DECEMBER 2017
RESULTS 3RD QUARTER AND NINE MONTHS OF 1 APRIL 2017 TO 31 DECEMBER 2017 8 February 2018 Agenda 1. LEM at a Glance François Gabella 2. Highlights and Business Review François Gabella 3. Financial Review
More informationFISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS. New Mazda Axela (Overseas name: New Mazda3)
FISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS New Mazda Axela (Overseas name: New Mazda3) Mazda Motor Corporation October 31, 2013 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2014 First Half
More informationStrong performance by the Bolloré Group s operating activities in 2018 Mr Cyrille Bolloré unanimously appointed Chairman and Chief Executive Officer
PRESS RELEASE 2018 results (1) March 14, 2019 Strong performance by the Bolloré Group s operating activities in 2018 Mr Cyrille Bolloré unanimously appointed Chairman and Chief Executive Officer Revenue:
More informationJahrespressekonferenz Annual Press Conference February 6, 2014
Jahrespressekonferenz Annual Press Conference February 6, 2014 1 Jahrespressekonferenz Annual Press Conference February 6, 2014 Dr. Dieter Zetsche Chairman of the Board of Management Head of Mercedes-Benz
More information20 th Annual Needham Growth Conference. January 17, 2018
20 th Annual Needham Growth Conference January 17, 2018 1 Safe Harbor Statements made during this presentation that are forward-looking statements are based on current expectations and assumptions that
More informationQ Financial Results
Q3 2018 Financial Results 1 Forward-looking statement The statements on the future in this presentation, including expected sales and earnings, are associated with risks and uncertainties and may be affected
More informationAlfa Laval Slide 3.
Report for Q3 2009 - Orders received and margins - Highlights - Development per segment - Geographical development - Financials - Outlook Mr. Lars Renström President and CEO Alfa Laval Group Key figures
More informationInvestor Presentation. November 2018
Investor Presentation November 2018 Safe Harbor Statement Statements in this presentation may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that
More informationPresentation on the acquisition of Torqeedo GmbH: On our way to becoming market leader for innovative drive systems
Presentation on the acquisition of Torqeedo GmbH: On our way to becoming market leader for innovative drive systems 28 September 2017 Dr Frank Hiller, CEO Dr Margarete Haase, CFO Fast Forward looking Sustainable
More informationVeli-Matti Reinikkala, Head of Process Automation Hammerfest press trip 2012 Strategy Oil & Gas opportunity
Veli-Matti Reinikkala, Head of Process Automation Hammerfest press trip 2012 Strategy 2011-2015 Oil & Gas opportunity June 17, 2012 2011 sales above $ 4 billion 7,500 employees more than 40 countries #1
More informationRecord CY 2016 EPS-diluted-adjusted of $6.12, an increase of $1.10 Y-O-Y. Q EPS-diluted-adjusted of $1.28, a decrease of $0.11 Y-O-Y.
1 2 3 Q4 2016 global deliveries up 0.1 million units year-over-year (Y-O-Y), a 3.3% increase. Volume gains primarily in North America and China, offset by reductions in International Operations (excluding
More informationABLC! Advancing Renewable Chemicals! November 10, 2014! Copyright 2014 Renewable Energy Group, Inc.
ABLC! Advancing Renewable Chemicals! November 10, 2014! Safe Harbor Statement! This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform
More informationStrong growth in orders received
19 July 2018 Strong growth in orders received Cargotec s January June 2018 half year financial report Mika Vehviläinen, CEO Mikko Puolakka, CFO Cargotec s January June 2018 half year financial report 19/07/2018
More informationJointly towards a long term sustainable energy supply
Jointly towards a long term sustainable energy supply Lars G. Josefsson, CEO Vattenfall, CEO Nuon 23 February 2009 Agenda Nuon & Vattenfall: a great partnership Rationale for Nuon Rationale for Vattenfall
More informationQ2 and Half-Year 2017 Results. July 26, Q2 and Half-Year 2017 Results / July 26, 2017 /
Q2 and Half-Year 2017 Results July 26, 2017 Q2 and Half-Year 2017 Results / July 26, 2017 / Contents Results for Q2 2017 Outlook for 2017 Development at the divisions Q2 and Half-Year 2017 Results / July
More informationInterim Review Q1 2007
Interim Review Q1 2007 25 April 2007 25 April 2007 www.ruukki.com Ruukki today Net sales in 2006: 3.7 billion 13,000 employees in 23 countries Supplies metal-based components, systems and integrated systems
More information2017 Q3 REVENUE. October 25 th, 2017
2017 Q3 REVENUE October 25 th, 2017 DISCLAIMER This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, PEUGEOT SA ( Company ) shares. This presentation may contain
More informationDARING TO ADAPT 2015 Half-Year Results 31 August 2015
DARING TO ADAPT 2015 Half-Year Results 31 August 2015 SUMMARY Very good H1 2015 results: Sales: EUR 3.2 billion, +8.6% Current consolidated result before tax, group s share: EUR 140.0 million, +61.5% D
More informationRESULTS 3RD QUARTER AND NINE MONTHS OF 2016/17 1 APRIL 2016 TO 31 DECEMBER 2016
RESULTS 3RD QUARTER AND NINE MONTHS OF 2016/17 1 APRIL 2016 TO 31 DECEMBER 2016 16 February 2017 Agenda 1. LEM at a Glance 2. Highlights and Business Review 3. Financial Review 4. Strategy and Outlook
More informationEarnings conference call. Q4 and Full year 2015
Earnings conference call Q4 and Full year 2015 Bo Annvik, CEO / Åke Bengtsson, CFO 11 February 2016 1 Agenda Business Highlights Market Update Sales Financials Outlook 2 2015 in numbers Operating margin
More informationInvestor Presentation. March 2017
Investor Presentation March 2017 Disclaimer During this presentation management may discuss certain forwardlooking statements concerning Nemak s future performance that should be considered as good faith
More information