Agenda Strategy Update and Business Review FY 2014 Financial Review FY 2014 Outlook and Summary Full Year Results Presentation 2014 3 February 12, 2015 Business review 2014 key points Topline and profitability…
Vision to become a leading equipment and service provider We offer customer-focused solutions for performance-critical applications in key markets: Oil and gas, power, and water General Oil and Gas Power Water Industry…
Agenda and key actions as announced in February 2014 Agenda: Key actions: One company: Leverage existing capabilities and assets Creating new Rotating Equipment Services division Efficient and effective group functions Setting up…
Sulzer Full Potential program steers our transformation journey Sulzer Full Potential (SFP) STRATEGY OPERATING OPERATIONAL Oil and Gas MODEL EXCELLENCE Portfolio, Organizational Selling, G&A, focus areas, setup, procurement,…
Key underlying markets development in 2014 from a Sulzer viewpoint Share of Development in last Full year 2014 sales in % quarter of 2014 over 2013 Oil and Gas Increase driven by large Increase driven by RES 54% projects Power…
Margins have stabilized In CHF millions 2014 2013 YOY YOY adj.1) Order intake 3160.8 3249.9 -2.7% -0.6% Order backlog (Dec 31) 1699.6 1672.1 Sales 3212.1 3263.9 -1.6% 0.7% EBITR (EBIT before restructuring and 282.2 280.8 0.5% 1.9%…
Key figures by division Growing sales also in the second half 2014 Sales by division Half yearly sales (in CHF million) Sales 1712 1720 In CHF millions 2014 2013 YOY adj.1) 1552 1492 Pumps Equipment 1754.9 1821.6 -0.6% Rotating…
Agenda Strategy Update and Business Review FY 2014 Financial Review FY 2014 Outlook and Conclusion Full Year Results Presentation 2014 17 February 12, 2015 Financial review 2014 key points Sales and profitability…
Consolidated income statement overview In CHF millions 2014 2013 YOY YOY adj.1) Order intake 3160.8 3249.9 -2.7% -0.6% Delivered on Order backlog (Dec 31) 1699.6 1672.1 guidance for order Sales 3212.1 3263.9 -1.6% 0.7% intake, sales and…
Consolidated income statement overview In CHF millions 2014 2013 YOY YOY adj.1) Order intake 3160.8 3249.9 -2.7% -0.6% Order backlog (Dec 31) 1699.6 1672.1 Sales 3212.1 3263.9 -1.6% 0.7% Gross margin 31.4% 30.7% EBITR (EBIT before…
Sales up 0.7% on an adjusted basis, driven by Rotating Equipment Services and Chemtech Adjusted growth1) YoY -0.6% +3.4% +1.6% +0.7 % 5.3% -0.5% 37 12 -90 3 264 -9 -2 3 212 in CHF millions Sales Actual 2013 PE RES CT FX Impact…
Impairment in relation to wastewater business line within Pumps Equipments Water business unit Sulzer Overall Sulzer goodwill of CHF 1015m1) Of which CHF 622m in Water business unit Almost all of Water BU goodwill resulted Pumps…
Strong sales late in the year and temporary effects result in lower free cash flow in CHF millions 182 (45) 20 (46) 40 2 98 340 (55) - - WIP increase High share of partly due to Fewer large sales late in timing of new…
Long term commitment to optimize capital structure Optimize capital structure Capital Allocation Net debt (cash) / EBITDA1) Sources of cash Excess cash from Metco disposal High cash generative business with Well within solid…
FX volatility could have a significant translation impact in 2015 Sales split by currency Sulzer is in general naturally Others 6% hedged, producing in the region for RUB 2% AUD 2% the region CAD 2% USD 30% SGD 2% INR 3% CHF…
Key markets assessment for 2015 Share of sales in % Activity level 2014 Outlook 2015 Oil and Gas Increase driven by RES Volatile markets, 54% prediction difficult Power 13% Decrease driven by less new Remain stable…
Sulzer is an attractive and sustainable investment opportunity Strong fundamentals Attractive prospects 1 or 2 positions in long-term 4 - 6 percentage points profitability attractive markets improvement from 2017 onwards…
Operational EBITA is our key profitability KPI Operational EBITA EBIT before Amortization Increased transparency Goodwill impairment Restructuring cost Better reflection of the Adjustments for other non-operational items ongoing…
Pumps Equipment In CHF millions 2014 2013 YOY YOY adj.1) Order intake 1725.5 1801.5 -4.2% -1.2% Order backlog (Dec 31) 1209.4 1190.8 Sales 1754.9 1821.6 -3.7% -0.6% EBITR (EBIT before restructuring and 140.9 153.6 8.2% -6.5% impairment…
Chemtech In CHF millions 2014 2013 YOY YOY adj.1) Order intake 718.4 749.9 -4.2% -3.2% Order backlog (Dec 31) 282.0 290.5 Sales 741.5 743.7 -0.3% 1.6% EBITR (EBIT before restructuring) 78.4 81.3 -3.6% -3.2% ROSR % 10.6% 10.9%…
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