| 1 dh group may 08 the daetwyler group component and solution provider to manufacturing,...

31
| 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

Upload: brittany-harris

Post on 17-Dec-2015

215 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 1DH Group May 08

The Daetwyler Group

Component and Solution Providerto Manufacturing, Pharmaceutical and Datacom Industries

Page 2: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 2DH Group May 08

International multi-niche player

Component and solution providerto manufacturing, pharmaceutical and datacom industries

Global presence

Four divisions

Revenue of some CHF 1 400 million

More than 4 700 employees

Established in 1915

Listed on the SWX Swiss Exchange, Zurich

Highlights

Page 3: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 3DH Group May 08

Our Strategic Focus

Growing as a multi-niche player

Focusing on niches with growth potential opportunities for differentiation high entry barriers

Consolidating or building a leading position in each niche

Continuously improving productivity

Increasing value added

Fostering an ‘entrepreneurial culture' througha decentralised organisation

Page 4: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 4DH Group May 08

Global Market Niches

Global market niches Daetwyler’s

Sizein CHFm

Growthpotential

marketposition

Closures for injectable drugs 800 +++ 2

Sealing systems for civil engineering and tunnel applications

100 ++ 2

Moulded safety components for braking systems

300 ++ 2

System solutions for the elevator industry 250 + 3

About one third of revenue generated as a global niche leader

Strategic thrusts Geographical expansion Differentiation through innovation Increasing value added

Page 5: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 5DH Group May 08

Regional Market Niches

Regional market niches Daetwyler’s

Sizein CHFm

Growthpotential

Marketposition

Specialist distribution of engineering components in Switzerland 700 ++ 1

Catalogue distribution of electronic components in Switzerland, Scandinavia and Baltic states 500 ++ 1

Safety cabling systems in Europe 300 +++ 2

Sealing systems for building construction in Switzerland, France and Germany 150 ++ 2

System solutions for data networks in Germany, Austria and Switzerland 450 ++ 3

About two thirds of revenue generated as a regional niche leader

Strategic thrusts Deepening market penetration Expanding the range of products and services Positioning as a solution and service provider

Page 6: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 6DH Group May 08

2007 2006 2005

Net revenue CHFm 1 429.4 1 214.8 1 091.8

EBIT CHFm 136.9 90.0 64.7

Cash flow CHFm 283.7 144.1 117.6

Profit for the year CHFm 219.5 76.5 40.4

Capital expenditure CHFm 77.6 73.5 61.2

Employees Number 4 340 4 510 4 626

Key Statistics

Figures incl. Precision Tubes Division (sold on 28 December 2007)Figures incl. Precision Tubes Division (sold on 28 December 2007)

Page 7: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 7DH Group May 08

Focus on niches pays off 2007 net profit includes gain on disposal of Precision Tubes Division

Profitable Growth and Record Earnings

+186.9%

+17.7%EBITDAEBITDA

+27.7%

EBITEBIT

+52.1%

CHFm

Net Profit Net Profit Net revenueNet revenue

219.5

Tax asset 15.9

Gain on disposal of Precision Tubes Division111.5

Figures incl. Precision Tubes Division (sold on 28 December 2007)Figures incl. Precision Tubes Division (sold on 28 December 2007)

Page 8: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 8DH Group May 08

OPERATING COMPANIES ONLY

Global Presence

Rest of EuropeAustria 2Baltic States 3Belgium 1Czech Republic 2France 4 Germany 6Italy 3Luxembourg 1Netherlands 2Poland 1Scandinavia 3UK 1Ukraine 2

AmericaUSA 2

Switzerland12 companies

AsiaChina 2Singapore 1

Page 9: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 9DH Group May 08

Generated outside Switzerland 2007 69.7% (i.V. 69.7%)

Net Revenue Performance by Region

2004 2005 2006 20072004 2005 2006 2007

+19.8%

+17.7%

Asia / other 8%Europe 85%Swiss share 35.7 %

North America 7%

2004 2005 2006 2007

+/-0%

CHFm

+12.9%

figures incl. Precision Tubes Division (sold as at 2007-12-28 )figures incl. Precision Tubes Division (sold as at 2007-12-28 )

Page 10: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 10DH Group May 08

Shareholders’ agreementbetween the shareholders of

Daetwyler Fuehrungs AG, who are alsoDirectors of Pema Holding AG

and Daetwyler Holding Inc.

Free float20% of votes / 48.2% of capital

Daetwyler Holding Inc.CHF 85m share capital (incl. unissued shares)

Pema Holding AG

CHF 1.1m share capital (holds 80% of votes /51.8% of capital in Daetwyler Holding Inc.)

Daetwyler Fuehrungs AGCHF 0.1m share capital

Ownership Structure

Page 11: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 11DH Group May 08

Milestones in Company History

1915: Adolf Daetwyler took over the management of the Swiss Wire and Rubber works in Altdorf

1920: Adolf Daetwyler became majority shareholder (management buyout)

1958: Incorporation of Daetwyler Holding Inc.; Peter und Max Daetwyler took over the operational management

1976: Incorporation of Helvoet Pharma in Belgium

1979: Technical Components set up as an independent Group Division

1986: IPO, listing on the SWX Swiss Exchange

1990: Succession plan put in place; Peter and Max Daetwyler withdrew from the operational management

2007: Daetwyler Precision Tubes Division sold to theGerman Benteler Group

2008: Catalogue distribution business strengthened with the acquisition of the Swedish ELFA Group

Page 12: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 12DH Group May 08

Organisational Structure of the Group

CHIEF EXECUTIVE OFFICER

C E O

Paul J. Haelg

CHIEF EXECUTIVE OFFICER

C E O

Paul J. Haelg

TECHNICALCOMPONENTS

Paul J. Haelg

TECHNICALCOMPONENTS

Paul J. Haelg

PHARMACEUTICALPACKAGING

Guido Wallraff

PHARMACEUTICALPACKAGING

Guido Wallraff

CABLES

Johannes Mueller

CABLES

Johannes Mueller

RUBBER

Dirk Lambrecht

RUBBER

Dirk Lambrecht

CHIEF FINANCIAL OFFICERC F O

Silvio A. Magagna

CHIEF FINANCIAL OFFICERC F O

Silvio A. Magagna

Page 13: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 13DH Group May 08

Our Four Divisions

Cables Rubber PharmaceuticalPackaging

Technical Components

Cabling and systems for data transmission, safety and elevators

Precision moulded components,special profiles

Rubber and aluminium/plastic closures

Engineering and elec-tronic components, specialist and catalogue distribution

Non-residential buildings

Automotive,construction, manufacturing industries

Pharmaceuticalindustry

Industry,small to medium-sized businesses

Products

Markets

Page 14: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 14DH Group May 08

PY

PY

PY

PY

Cables RubberPharmaceutical

PackagingTechnical

Components

271.2224.9

153.9140.5

260.8241.4

491.1392.1

7.6 %3.0%

5.7 %4.7 %

11.3 %11.1 %

9.9 %8.6 %

1.991.82

1.601.46

0.750.90

1.331.35

781778

1 038993

1 3171 247

1 112843

Netrevenuein CHFm

Capitalturnover

EBIT as% of NR

Employeenumbers

Our Divisions in 2007

Page 15: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 15DH Group May 08

Cables

Page 16: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 16DH Group May 08

Cables

Manufacturing facilities Altdorf (cables) Altdorf (cable harnessing, Kaved) Shanghai (cables) Suzhou (cable harnessing)

Distribution companies Switzerland Germany Austria

UK Singapore China (2)

Shanghai plant (China)Shanghai plant (China)

Suzhou plant (China)Suzhou plant (China)

Altdorf headquarters (Switzerland)Altdorf headquarters (Switzerland)

Page 17: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 17DH Group May 08

Cables

Products and services: System solutions and services for electrical building infrastructure including data networks, safety cabling systems, elevator cabling systems and building automation

Target groups:Manufacturing industry, banks, insurance companies, telecom carriers, public authorities, transport infrastructure, general contractors

2007 net revenue: CHF 271 Mio.

2007 employees: 781

Company: Daetwyler Cables

Page 18: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 18DH Group May 08

Strong organic growth – gains in market share

Highlights

Market position strengthened in core markets

Promising market development in Eastern Europe, the Middle East and Asia

Strategic expansion of systems expertise

Productivity enhancement project successfully implemented at the main Altdorf facility

Cables

+20.6%

(8.9%)(8.9%) (3.2%)(3.2%) 3.0%3.0% 7.6%7.6%

Net revenue in CHFmEBIT as % of net revenue

Page 19: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 19DH Group May 08

Rubber

Page 20: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 20DH Group May 08

Rubber

Manufacturing facilities

Schattdorf (automotive, construction, industry)

Germany (construction) Czech Republic (automotive) USA (automotive) Ukraine (construction, industry)

Distribution companies Switzerland Germany

France USA Czech Republic

Schattdorf mixing facility (Switzerland)Schattdorf mixing facility (Switzerland)

Marion plant (SC/USA)Marion plant (SC/USA)

Main Schattdorf plant (Switzerland)Main Schattdorf plant (Switzerland)

Page 21: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 21DH Group May 08

Rubber

Products and services: Precision moulded rubber components and extruded profiles for sealing solutions

Target groups:Automotive, construction and manufacturing industries

2007 net revenue: CHF 154m

2007 employees: 1 038

Company: Daetwyler Rubber

Page 22: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 22DH Group May 08

Rubber

Market position strengthened – healthy project pipeline

Highlights

Position strengthened as a development partner for global automotive suppliers

Honoured with the "Bosch Supplier Award"

Increased manufacturing at facilities in low-cost countries – including Mexico from 2008

Focus on speciality profiles for civil engineering – disposal of sheet products

+9.5%

2.5%2.5% 5.9%5.9% 4.7%4.7% 5.7%5.7%

Net revenue in CHFmEBIT as % of net revenue

Page 23: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 23DH Group May 08

Pharmaceutical Packaging

Page 24: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 24DH Group May 08

Manufacturing facilities Belgium Germany Italy USA Netherlands (mould design and manufacture)

Distribution companies/organisations Belgium Italy USA

Pregnana Milanese plant (Italy)Pregnana Milanese plant (Italy)

Ittersbach plant (Germany)Ittersbach plant (Germany)

Alken plant (Belgium)Alken plant (Belgium)

Pharmaceutical Packaging

Page 25: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 25DH Group May 08

Products and services: Rubber, plastic and aluminium closures for injectable drugs, diagnostics and drug delivery systems

Target groups:Pharmaceutical industry: drug and system manufacturers

2007 net revenue: CHF 261m

2007 employees: 1 317

Companies: Helvoet Pharma

Pharmaceutical Packaging

Page 26: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 26DH Group May 08

+8.0%

Solid organic growth – investing in a stronger market position

Highlights

Expansion of business with major strategic customers

Focus on high-end pharmaceutical and biotech applications

Successful enhancements to the Omniflex coated product line

Substantial capital expenditure programme

12.1%12.1% 13.3%13.3% 11.1%11.1% 11.3%11.3%

Net revenue in CHFmEBIT as % of net revenue

Pharmaceutical Packaging

Page 27: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 27DH Group May 08

Technical Components

Page 28: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 28DH Group May 08

Specialist distribution (Maagtechnic)Subsidiaries Switzerland Southern Germany France Eastern Europe and exports

Catalogue distribution (Distrelec/ELFA)Subsidiaries Switzerland Germany Italy Austria

Scandinavia Baltic States Poland Ukraine

Technical Components

Distrelec in Nänikon-Uster (Switzerland)Distrelec in Nänikon-Uster (Switzerland)

Maagtechnic in Dübendorf (Switzerland)Maagtechnic in Dübendorf (Switzerland)

ELFA in Järfälla (SwedenELFA in Järfälla (Sweden))

Page 29: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 29DH Group May 08

Products and services: Specialist and catalogue distribution of engineering and electronic components (more than 300,000 standard items)

Target groups:Manufacturing industry and small to medium-sized businesses, maintenance repair operations (MRO), original equipment manufacturers (OEMs)

2007 net revenue: CHF 491m

2007 employees: 1 112

Companies: Maagtechnic, Daetwyler Electronics, RevolDistrelec, ELFA, Schuricht, Proditec

Technical Components

2007 figures excl. ELFA (acquired in 2008)2007 figures excl. ELFA (acquired in 2008)

Page 30: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 30DH Group May 08

+25.2%

Growth accelerated by acquisitions

Highlights

Integration of acquisitions (Revol and Proditec) and realisation of synergy potential according to plan

Maagtechnic’s market activities extended to France and the Czech Republic

Distrelec’s market positions strengthened in EastEuropean countries

Catalogue distribution reinforced by the ELFA acquisition in 2008

Net revenue in CHFmEBIT as % of net revenue

4.3%4.3% 5.3%5.3% 8.6%8.6% 9.9%9.9%

2007 figures excl. ELFA (acquired in 2008)2007 figures excl. ELFA (acquired in 2008)

Technical Components

Page 31: | 1 DH Group May 08 The Daetwyler Group Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries

| 31DH Group May 08

Daetwyler – Component and Solution Provider to Manufacturing, Pharmaceutical and Datacom Industries