ThyssenKrupp Technologies Strategic Focus – Leading-edge ...
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Tk Technologies
ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
ThyssenKrupp TechnologiesStrategic Focus – Leading-edge Technology – Value Driver
Olaf BerlienChairman of the Executive Board of ThyssenKrupp Technologies AGMember of the Executive Board of ThyssenKrupp AG
ThyssenKrupp Field Day, HamburgMarch 14, 2006
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Tk Technologies
ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Strategic Focus
Leading-edge Technology
Value Driver
ThyssenKrupp Technologies
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
ThyssenKrupp: Focused Industrial Group With Three Pillars
Stainless Services
ServicesCapital Goods
ElevatorTechnologiesAutomotive
Steel
Steel
Sales:€9.6 billionEmployees: 32,000
Sales:€5.6 billionEmployees: 12,000
Sales:€7.9 billionEmployees: 43,000
Sales:€5.8 billionEmployees:28,000
Sales:€12.7 billionEmployees: 35,000
Sales:€3.8 billionEmployees:34,000
Sales: 2004/05; Employees: Sep 30, 2005, rounded
ThyssenKruppSales: €42.9 billion • Employees: 184,000
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Nucleus for Successful Segments and Concentration on Core Business
Thyssen Industrie
Thyssen Industrie
Krupp Hoesch Industries
Krupp Hoesch Industries
Krupp Engineering
Krupp Engineering
Portfoliooptimizations
Portfoliooptimizations
ThyssenKruppTechnologies
ThyssenKruppTechnologies
PlantTechnology
MarineSystems
MechanicalEngineering
ThyssenKrupp Technologies
ThyssenKruppAutomotive
ThyssenKruppAutomotive
ThyssenKruppElevator
ThyssenKruppElevator
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Major Portfolio Changes in the Last Few Months
(+) Atlas Elektronik(+) Atlas Elektronik
(+) Maerz Ofenbau(+) Maerz Ofenbau
(-) G+L Foundry(-) G+L Foundry
(-) Sheffield Measurement
(-) Sheffield Measurement
(-) Autobody ManufacturingSystems
(-) Autobody ManufacturingSystems (+) Inventa-Fischer(+) Inventa-Fischer(-) Novoferm(-) Novoferm
(-) Polymer(-) Polymer
(-) Henschel(-) Henschel
(-) EnCoke Energietechnik(-) EnCoke Energietechnik
(-) Otto India(-) Otto India
(+) HDW-Gruppe(+) HDW-Gruppe
(+) Yara-FertilizerTechnology NL
(+) Yara-FertilizerTechnology NL
(-) Elastomertechnik(-) Elastomertechnik
(-) TK Ingeniería y Sistemas(-) TK Ingeniería y Sistemas
(-) Stahlbau(-) Stahlbau
(-) Turbinenkomponenten(-) Turbinenkomponenten
(-) MetalCutting(-) MetalCutting
Divestments: €1.9 bn in sales
Acquisitions: €1.8 bn in sales
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Strategic Objectives
Sustainable value creation
Market leadership with top-3 positions
Strong international presence
Focus on customers through decentralized company management
Technology leadership and development of innovative products with high customer value
Rapid expansion of service business
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
World Market Leadership with Top-3 Positions
Plant Technology
Marine Systems
Mechanical Engineering
• Uhde
• Polysius
• Fördertechnik
• Rothe Erde
• Berco
• Assembly Systems
• Industrietechnik
• Marine Systems
Transrapid • Transrapid
TOP 1-3
TOP 1-2
TOP 1
TOP 1
TOP 1
TOP 1
TOP 1
TOP 1-2
USP
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Strong International Presence
Employeesoutside Germany
Note: FY 2004/05; locations as of November 2005, incl. branches and offices
Salesoutside Germany
122 locations worldwide
NAFTA 16Europe 25
Asia / Pacific 25
SouthAmerica 9
Africa 5
Germany 42
77 %
50 %
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Technology Leadership and Development of Innovative Products
More than 90 patents and utility models registered each year
Plant Technology
Marine Systems
Mechanical Engineering
ENVINOX®: Reductionin greenhouse gases
Air-independentpropulsion systems
Bearings fore.g. wind energy
Transrapid
Flying on the ground
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Positive Development of Order Intake and Sales
Order Intake (in € billion)Order Intake (in € billion) Sales (in € billion)Sales (in € billion)
04/0504/05 05/06e05/06e 06/07e06/07e 07/08e07/08e 08/09e08/09e 09/10e09/10e 04/0504/05 05/06e05/06e 06/07e06/07e 07/08e07/08e 08/09e08/09e 09/10e09/10e
5.6
7.07.5 7.5
7.0 7.0
5.86.2 6.4 6.5 6.7 7.0
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Sales for 05/06 Secured Since January (After 4 Months) by Orders in Hand
05/06e05/06e 07/08e07/08e06/07e06/07e 09/10e09/10e08/09e08/09e
Sales cover from orders in hand (Jan. 31, 2006)
Order intake
34%44%
22%9% 8%
55%
Salescoverage= 89 %
Sales realized to January
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Strategic Focus
Leading-edge Technology
Value Driver
ThyssenKrupp Technologies
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Plant Technology
ThyssenKrupp TechnologiesSales: €6 billion Employees: 27,700
Marine Systems Mechanical Engineering
Sales: €2.1 billionEmployees: 8,600
Sales: €1.7 billionEmployees: 11,600
Marine Systems
• Rothe Erde• Berco• Assembly Systems• B+V Industrie
Transrapid
Plant Technology
Sales: €2.2 billionEmployees: 7,200
• Uhde• Polysius• Fördertechnik
Note: Numbers based on fiscal year 2005/06 as planned; rounded
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Plant Technology: Engineering Expertise in Large-Scale Plant Construction
Uhde: Chemical and industrial plants
World market position: TOP 1-3
Polysius: Cement plants
World market position: TOP 1-2
Fördertechnik: Plants for mining,processing, and materials handling
World market position: TOP 1
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Plant Technology: Worldwide Network of Engineering and R&D Centers
South Africa (160)
Mexico(330) Thailand
Australia
India (1,100)
Russia (240)
Singapore
Europe (4,050)Canada
Brazil
USA
Chile
Argentine
Saudi Arabia
China
Figures in brackets = no. of employees at Sep. 30, 2005, roundedOther engineering and R&D centers <100 employees
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Worldwide reserves of approx. 650 bn barrels, thereof >80% in Canada (Alberta)
These oil reserves are bigger than those of Saudi Arabia
With Canada’s deposits, today’s world demand for oil could be met for the next 55 years
With rising oil prices,mining has now become profitable as breakeven lies around US$19/barrel
Plant Technology: Oil Sand Mining “Canadian Natural Resources” (I)
Oil sand deposits in Canada
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Plant Technology: Oil Sand Mining “Canadian Natural Resources” (II)
Conveyor System
The longest connected conveyor system of the world of 19 km was
delivered by TK Fördertechnik!
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Plant Technology: Multi-Level Risk Management
Operatingrisks
Business risks atPlant Technology
Financial risks
Competitiverisks
Projectmanagement
Financialinstruments
Flexibility& service
Order selectionOffer controllingSystematic project/order controlling Risk provision in offerBoard reporting (BU, TKT, TKAG)Project auditing
Prepayments & claim managementAssembly, planning liability insuranceHermes guaranteeLetters of creditHedging via currency derivatives
Labor market instrumentssuch as engineering in Russia and India(low cost and flexible)Operations: Expand services
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Marine Systems
ThyssenKrupp TechnologiesSales: €6 billion Employees: 27,700
Plant Technology Mechanical Engineering
Sales: €1.7 billionEmployees: 11,600
Sales: €2.2 billionEmployees: 7,200
• Uhde• Polysius• Fördertechnik
Marine Systems
Sales: €2.1 billionEmployees: 8,600
Marine Systems
• Rothe Erde• Berco• Assembly Systems• B+V Industrie
Transrapid
Note: Numbers based on fiscal year 2005/06 as planned; rounded
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Blohm + VossBlohm + Voss Repair
Nordseewerke
HDWKockums
HellenicShipyards
Nobiskrug
Blohm + VossBlohm + Voss Repair
Nordseewerke
HDWKockums
HellenicShipyards
Nobiskrug
Marine Systems: Creating a European Maritime Systems House under the Leadership of ThyssenKrupp Within Only One Year
First and only European group of shipyards and electronics industry
100% privately owned marine group
Leading world market positions in:- Conventional submarines, frigates, corvettes,
and mega-yachts- Command, control and sonar systems
Leadership in technology and systems integration, including:
- Integrated electronics and sonar systems - Stealth technology - Fuel cells for submarines
European Maritime Systems House
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
The drive rating of approx. 50,000 HP corresponds to the output of a power station for a city with approx. 50.000 inhabitants.
Marine Systems: Export Market Leader for Frigates, Corvettes, and Submarines
Frigates, corvettes, and submarinesWorld market position TOP 1 in naval shipbuilding
Powerfulpropulsion
Almostimpossible to locate
successfuldesignconcept
For normal maritime traffic, additional reflectors are needed to allow other ships to recognizethe frigates
Gas turbine
• Acceleration to over 30 knots
• “Crash Stop” (3 ship lengths)
Longsubmerged
time
Air-independent propulsion (fuel cell, diesel) allows submarines to remain submergedfor 4 to 5 timeslonger
Stealth
MEKO®
Fuelcells
Pro-pulsion
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Marine Systems: Capabilities in Mega-Yachts and After Sales Service
Capability in Mega-yacht BuildingWorld’s Biggest Yachts (over 100 meters)
Capability in Time-challenging RefitsWorld’s Biggest Cruise Liner “Queen Mary 2”
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Mechanical Engineering
ThyssenKrupp TechnologiesSales: €6 billion Employees: 27,700
Plant Technology Marine Systems
Sales: €2.1 billionEmployees: 8,600
Sales: €2.2 billionEmployees: 7,200
• Uhde• Polysius• Fördertechnik
Transrapid
Marine Systems
• Rothe Erde• Berco• Assembly Systems• B+V Industrie
Mechanical Engineering
Sales: €1.7 billionEmployees: 11,600
Note: Numbers based on fiscal year 2005/06 as planned; rounded
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Rothe Erde: Large-diameter bearings and rings, e.g. for
World market position: TOP 1
Berco: Crawlers for excavators and bulldozers
World market position: TOP 1
Mechanical Engineering: High-Tech Components (I)
Cranes/construction machineryMedical technology (CT)Offshore equipmentWind turbines
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Mechanical Engineering: Worldwide Growth of Wind Energy
Installed Capacity for Wind Energy per Year Rothe Erde Bearings in Wind Energy Plants
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Mechanical Engineering: High-Tech Components (II)
Assembly Systems: Automated assembly and test systems for engines, transmissions, and axles
World market position: TOP 1
B+V Industrie: Components for shipbuilding
World market position: TOP 1-2
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Strategic Focus
Leading-edge Technology
Value Driver
ThyssenKrupp Technologies
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Concentration on High-Profit Business Units
Plant Technology Marine Systems Mechanical Engineering
Transrapid
ThyssenKrupp TechnologiesSales: €6 billion Employees: 27,700
Sales: €2.1 billionEmployees: 8,600
Sales: €1.7 billionEmployees: 11,600
Sales: €2.2 billionEmployees: 7,200
Note: Numbers based on fiscal year 2005/06 as planned; rounded
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Growth in Core Business
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
98/99 99/00 00/01 01/02 02/03 03/04 04/05 05/06 06/07 07/08 08/09 09/10
million €
average growth in core business: +8% p.a.
average growth in core business: +8% p.a.
Target:€7 billion
Portfolio optimization
Reallocations within the Group
Core businessCore business
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Sustainable Value Enhancement as Value Driver
2. Generate a high free cash flow to finance the Group and fund pensions and dividends
1. Create positive TKVA
3. Significant increase in prepayments to reduce the net financial debt of the ThyssenKrupp Group
At €563 million TKT generated one of the highest free cash flows in the Group
A significant improvement of the TKVA to €151 million
With a net financial credit of €2.2 billion (at Sep. 30, 2005), TKT contributed to reducing the Group’s debt
TKT financial goals Achievement in 2004/052003/04
FCF €392 m
TKVA€69 m
NFC€1.3 bn
03/04 and 04/05 continued operations, US GAAP
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Value Driver for the GroupThyssenKrupp Technologies adds sustainable value to the ThyssenKrupp Group interms of TKVA, in terms of Free Cash Flow, and in terms of Net Financial Funds.
Dominant Market Positions through Leading-edge TechnologyThrough innovative and patented technologies the segment has achieved competitive advantages, which have created dominant market positions worldwide.
Clearly Focused SegmentThrough strong portfolio optimizations within the last few months ThyssenKrupp Technologies now is a clearly focused segment.
Conclusion
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
ThyssenKrupp Technologies
Leading-edge Technology
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Appendix
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
ThyssenKrupp Technologies is a manufacturer of high-tech plant and machinery.
As world leader in innovative system and engineering capabilities, the segment supplies systems, facilities, specialized machinery, and
components, together with associated services.
ThyssenKrupp Technologies is a manufacturer of high-tech plant and machinery.
As world leader in innovative system and engineering capabilities, the segment supplies systems, facilities, specialized machinery, and
components, together with associated services.
Mission Statement
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Executive Board
Personnel Service
Executive Development
Public Relations
Legal/Patents
Corp. Dev.
Controlling
Purchasing
Inv./ TK bestIT
Accounting
Plant Technology
Transrapid
Marine Systems
MechanicalEngineering
Dr. BerlienCEO
Dr. Borgschulte Mr. BrekerDr. Atzpodien
ThyssenKrupp Technologies AGMr. Labonte
Cor
pora
teC
ente
r
Bus
ines
sU
nits
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Key Figures
Sales
EBIT
Free cash flow
Employees (Sep 30/Dec 31)
* not adjusted for discontinued operations; ROCE 2004/05 impacted by disposal loss of MetalCutting2000/01 – 2003/04 as reported under US GAAP; 2004/05 and Q1 2005/06 as reported under IFRS except ROCE
ROCE
5,806
97
75
32,781
2001/02*
11.7
5,733
195
332
32,249
2000/01*
14.2
4,636
37
316*
2003/04
14.7*
5,382
(5)
531
29,871
2002/03*
4.2
EBT 112203 6742
Order intake 5,3045,705 5,4184,984€m
€m
€m
€m
%
€m
25,229
5,765
21
551*
2004/05
(3.7)*
40
5,643
28,042
1,603
81
(1)
Q12005/06
–
92
1,648
27,404
EBITDA 267371 152159€m 193 116
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Sales and Employees by Region
Germany50 %
Rest of World1%
North America 5%
Europe(excl. Germany)
33 %
South America1%
Asia10 %
North America11 %
Germany23 %
Europe(excl. Germany)29 %
SouthAmerica
2%
Rest of World14 %
Sales 2004/05 by region Employees (Sep. 30, 2005) by region
Asia21 %
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Competencies
Industrial plants High-tech components
Overarchingcompetencies
Plant Technology Marine Systems Mechanical Engineering(incl. Transrapid)
ThyssenKrupp TechnologiesSales: approx. €6 billion Employees: 27,700
€2.1 billion €1.7 billion€2.2 billion
Shipbuilding
Project management, system integration
Engineering
Material processing (esp. steel)
Technical services (consulting, training, maintenance, repair, refit)
Process technology
BusinessUnits
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Markets
Plant Technology Marine Systems Mechanical Engineering(incl. Transrapid)
€2.1 billion €1.7 billion€2.2 billion
ThyssenKrupp TechnologiesSales: approx. €6 billion Employees: 27,700
EnergyFuel cell technology
EnergyAntifriction bearings for wind energy systems
EnergyMining systems for coal/oil sands, coke plants,
refinery/gas technology, tank farms
MarineFrigates, submarines
MarineMarine equipment
TransportationBelt conveyors, port handling facilities
TransportationContainer ships, yachts
TransportationTransrapid
Production FacilitiesFertilizer, polyester, vinyl plants
Production FacilitiesTransfer lines for engines and transmissions
ConstructionTracks and bearings for excavators and cranes
ConstructionCement plants, crushers/grinders, cable cranes
Markets
Technical ServicesConsulting, training, maintenance, repair, refit
Technical ServicesConsulting, training, maintenance, repair, refit
Technical ServicesConsulting, training, maintenance, repair, refit,
BusinessUnits
ConstructionDredgers
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Market Volumes and Main Peers
* only accessible market: “Marine”; to be added: mega-yachts and after-sales business
ThyssenKrupp TechnologiesSales: approx. €6 billion Employees: 27,700
Plant Technology Marine Systems Mechanical Engineering
Market volume p.a.~ €10 billion
Market volume p.a.~ €6 billion*
Market volume p.a.~ €4 billion
•Fertilizer Plants: Snamprogetti (I), Toyo Engineering (J)
•Petrochemical Plants: Tecnimont (I), Zimmer (D)
•Cement Plants: FLS (DK)
•Submarines: DCN (F)
•Surface vessels: DCN (F), Navantia, formerlyIzar (E), BAE (UK),Fincantieri (I), Vosper (UK)
•Mega-yachts: Lürssen (D)
•Bearings and rings: RKS (F), Forgital (I, F)
•Undercarriages: Passini (I), Japanese/Koreans
•Assembly plant: LSW (D), Comau (I)
•Ship components: Kemel (J), Brown Broth. (UK)
BusinessUnits
MarketVolume
MainPeers
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Product Portfolio (I): Plant Technology
ElectrolysisFertilizersOrganic chemistry/polymers
Pharmaceuticals
Gas technology
Coking plant technology
Refinery technologyPolyester
Foodstuffs Plastics Energy
Mobility Health
Steel
Textiles
Household goods
Cement
Construction
Minerals Mining and handling
Gold, copper, nickel Coal, ore
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Frigates/corvettes Submarines Mega-yachts
Container ships
RepairsSpecial ships
Corvettes (steel & carbon fiber-reinforced plastics)
Patrol boats (OPVs)
Naval support ships
Product Portfolio (II): Marine Systems
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Product Portfolio (III): Mechanical Engineering
Large-diameter antifriction bearings and rings
Track chains, idlers, sprockets, sprocket rims, rollers, undercarriage systems
Sterntube seals, stabilizers, sterntube bushes, steering gear, bearings, separators
Assembly systems for engines, transmissions, and axles/steerings as well as test systems
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Innovations (I): EnviNOx® Process
Reduction in greenhouse gases through almost complete elimination of harmful nitrogen oxides (NOx) and laughing gas (N2O)
Protected by patents and trademarks
First large-scale implementation completed in Linz, Austria (2003)
- > 90% reduction in NOx (since Nov. 04 >98%)
- > 98% reduction in N2O
- Reduction in N2O in the first year of operation:approx. 2400 t N2O = 750,000 t CO2
The operator won the Austrian “save the climate” award for the largest action by an individual company in Austria.
Inclusion in the BAT (Best Available Technique) reference document of the EU Commission for integrated environmental protection.
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Innovations (II): Air-independent Propulsion Systems
Increase in time submerged by a factorof 4 to 5, i.e., from a few days to several weeks
Differentiation from competitors
Significant market potential through focus on refitting of existing submarine fleets around the world
Closed-cycle diesel system (on-land test facility)
Fuel cells
Air-independent propulsion systems for non-nuclear submarines
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Innovations (III): New De-oiler
New International Maritime Organization (IMO) regulation for new ships from January 01, 2005Bilge water de-oilers < 15 ppm residual oil content
B+V Industrietechnik solution:Turbulo Mechanical Phase Breaker (TMPB)Bilge water de-oiler < 1 ppm residual oil content
Significant contribution to environmental protection in shipping
High demand exceeding all expectations
Often also refitting of existing container ships by shipping companies
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Acquisitions (I): Howaldtswerke-Deutsche Werft (HDW) in 2005
Overview Strategic Fit
Securing the long-lasting cooperation between the shipyards (B+V, Nordseewerke, and HDW) within a single legal entity instead of in a consortium
Strengthening in financial position through high potential of synergies and cash pooling
Creating a strong German marine shipyard as a starting position for expected European consolidation
Sales €1.4 billion
Workforce 6,600
Main fields of operation
•Naval ships•Yacht building•Merchant ships•Repairs
Companies/locations
•HDW, GmbH (Kiel, Germany)•Kockums AB, (Malmö and Karlskrona, Sweden)
•Hellenic Shipyards Co.(Skaramanga, Greece)
•HDW-Nobiskrug GmbH(Rendsburg, Germany)
•HDW Fuel Cell Systems(Kiel, Germany)
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Acquisitions (II): Atlas Elektronik in 2005/2006
Overview Strategic Fit
Securing mutual key business relations
Extending technology leadership in conventional submarines
Continuing consolidation in naval industry
Sales €0.3 billion
Workforce 1,750
Main fields of operation
•Command and control systems•Sonar systems•Autonomous and unmanned underwater vehicle systems
•Maritime Systems- Port & coastal surveillance systems- Underwater inspection & control systems
Partnershipwith EADS
(40 % share)
•Integration in an electronics group for successful development
•Joint, coordinated servicing of customers on the world market
•Consolidation of German maritime systems technology including maritime activities of EADS
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Sales in the Middle East and Egypt
Growth (I): Strong Position in the Middle East
Plant Technologyorders
Note: sales to customers in the region; sales growth p.a. = CAGR
Cement plantEgypt
Large-scale plants(examples)
PVC plantQatar
Cement plantSaudi Arabia
Fertilizer plantSaudi Arabia
orders currently under construction
already completed orders
03/04 09/10e
€500 m
€1,500 m
+20% p.a.
Continued operations, rounded
€1,100 m
04/05
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Growth (II): Expanding in Asia Pacific
Involvement in Asia Pacific(example: Rothe Erde)
Rothe Erde, Chinasince 2002~ 900 employees
Note: sales with customers in the region; sales growth p.a. = CAGR
Sales in Asia Pacific
Rothe Erde, Japansince 1968~ 100 employees
Rothe Erde, Indiain formation
Continued operations, rounded
€590 m
€1,000 m
+9% p.a.
03/04 09/10e04/05
€610 m
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ThyssenKrupp Field Day Technologies and Elevator, Hamburg, March 14/15, 2006
Growth (III): Increase in Service Sales
€800 m
€1,900 m
Technologies service sales
Marine Systems
Mechanical Engineering
Plant Technology
Establish and expand contracting by operations centerExpand revamping/plant optimization activitiesEstablish and expand spare parts maintenance and training center businessComprehensive lifecycle support (longer-term maintenance and service agreements)
After-sales service (maintenance and repairs)Material packages for foreign customers
Increase after-sales-market:- Spare parts- Conversion, repairIntensify consulting and trainingNote: sales growth p.a. = CAGR
Continued operations, rounded
+15% p.a.
03/04 09/10e04/05
€1,000 m
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Disclaimer
In this presentation all figures are prepared in accordance with IFRS. Moreover the figures in the income statement refer to continuing operations unless otherwise stated.
Due to the conversion process figures included here should be seen as provisional as the IASB may still enact provisions that could be applied retroactively. The audit of the restated figures will be in conjunction with the audit of the full financial statements under IFRS for the fiscal year ending September 30, 2006.
This presentation contains certain statements that are neither reported financial results nor other historical information. These statements are forward-looking statements and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond ThyssenKrupp’s ability to control or estimate precisely, such as future market and economic conditions, the behavior of other market participants, the ability to successfully integrate acquired businesses and achieve anticipated synergies and the actions of government regulators. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this presentation. ThyssenKrupp does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of these materials.