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This presentation contains statements relating to future results of the company (including certain projections and business trends) that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words or phrases such as “believe,” “expect,” “anticipate,” “estimate,” “should,” “are likely to be,” “will,” and similar expressions. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including, but not limited to, global economic and market cycles and conditions; the demand for commercial, specialty and light vehicles for which the company supplies products; risks inherent in operating abroad (including foreign currency exchange rates and potential disruption of production and supply due to terrorist attacks or acts of aggression); availability and cost of raw materials, including steel; OEM program delays; demand for and market acceptance of new and existing products; successful development of new products; reliance on major OEM customers; labor relations of the company, its customers and suppliers, including potential disruptions in supply of parts to our facilities or demand for our products due to work stoppages; the financial condition of the company’s suppliers and customers, including potential bankruptcies; Possible adverse effects of any future suspension of normal trade credit terms by our suppliers; potential difficulties competing with companies that have avoided their existing contracts in bankruptcy and reorganization proceedings; successful integration of acquired or merged businesses; the ability to achieve the expected annual savings and synergies from past and future business combinations and the ability to achieve the expected benefits from restructuring actions; success and timing of potential divestitures; potential impairment of long-lived assets, including goodwill; competitive product and pricing pressures; the amount of the company’s debt; the ability of the company to continue to comply with covenants in its financing agreements; the ability of the company to access capital markets; credit ratings of the company’s debt; the outcome of existing and any future legal proceedings, including any litigation with respect to environmental or asbestos-related matters; as well as other risks and uncertainties, including, but not limited to, those detailed from time to time in the filings of the company with the Securities and Exchange Commission.

Forward-Looking Statements

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Phil Martens Buddy Wacaser Carsten ReinhardtPresident, LVS President, ET President, CVS

• Former President and COO of Plastech

• Former Group VP of Product Creation for Ford Motor Company

• 20 years industry experience

• Former CEO of Meridian Automotive Systems

• Former VP of European Operations & Emerging Markets for Alcoa Fujikura

• 33 years industry experience

• Former CEO of Detroit Diesel, a subsidiary of DCX

• Former General Manager of Western Star, held other mgt. positions at Freightliner

• Educated in Germany and England

Three New Division Presidents

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Commercial Vehicles Light Vehicles

Broad Product Portfolio

Sales from Continuing Operations $8.8 Billion in FY05

#1 or #2 inmost major

markets

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Diverse Customer Base

Minimizes Reliance on Any Single Customer

Commercial Vehicle Customers Light Vehicle Customers

DaimlerChrysler13%

General Motors9%

Volkswagen9%

Ford 7%

Asian Based OEMs 3%BMW 3%

PSA 2%Fiat 2%Other LVS 6%

Other CVS16%

Fiat 1%Asian Based OEMs 1%

Ford 1%Volkswagen 1%

General Motors 1%

PACCAR 2%Renault 3%

International 3%

Volvo 8%

DaimlerChrysler9%

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Strong Global Presence

North America – 51%• FY05 sales $4.5 billion• 46 manufacturing facilities• 7 joint ventures*• 6 technical centers

Europe – 38%• FY05 sales $3.3 billion• 41 manufacturing facilities• 7 joint ventures*• 12 technical centers

South America – 5%• FY05 sales $0.5 billion• 12 manufacturing facilities• 2 joint ventures*• 2 technical centers

Asia Pacific & ROW – 6%• FY05 sales $0.5 billion• 20 manufacturing facilities• 9 joint ventures*• 1 technical center

* Includes consolidated and non-consolidated joint ventures

119 Manufacturing Facilities

25 Joint Ventures*21 Technical

Centers

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Current Operations in Europe

• 2005 FY sales of $3.3 billion• 10,289 employees

– 2,991 CVS• 52 Emissions

– 6,075 LVS• 2,860 Emissions

– 1,219 LVA• 41 operating facilities*• 7 joint ventures*• 12 technical centers*• Strong and growing presence

in Eastern Europe

* Includes consolidated and non-consolidated joint ventures

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Strong Growth in Europe

11%8%Asia, S. America and Other

38%29%Europe

51%63%North America

Today5 Years AgoPercentage of Total Sales

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Close/Sell/Restructure OpenAugsburg, Germany #2 & 3 (Exhaust – 2005) St. Priest, France (Axles – 2005)

Valladolid, Spain (Doors – 2005) Venisseux, France (Axles – 2005)

Villaverde, Spain CVC (Exhaust – 2005) Poznan, Poland (Doors – 2005)

Asti, Italy (LV Ride Control – 2005) Bratislava, Slovakia (Roofs – 2005)

Sheffield, UK (Suspension – 2006) Kysucke Nove Mesto, Slovakia (Doors – 2006)

Mosciano, Italy (Exhaust – 2006) Eastern Europe (LVS – TBA)

Redditch UK (Exhaust – 2006)

Wrexham, UK (Trailers – 2006)

Joigny, France (Exhaust – 2006)

Birmingham, UK (Doors/Roofs – 2006)

Blackpool, UK (Exhaust – 2007)

European Footprint Evolution Including JVs(FY 2005 - 2007)

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Employment and Efficiency

10,28911,017Total

1,2191,647Light Vehicle Aftermarket

6,0756,833Light Vehicles

2,9912,534Commercial Vehicles

Today5 Years AgoEurope Employment

+18%+18%

38%29%Sales$374 k$184 kSales per employee (incl. LVA)

36%34%Employment

Memo: Percent of World

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LVS Operations in EuropeWholly-Owned Operations• Brussels, Belgium (door modules) • Liberec, Czech Republic (door

modules)• Esson, France (window regulators)• Saint-Die, France (latches)• Sully-sur-Loire, France (window

regulators)• Dietzenbach, Germany (sales and

engineering offices)• Frankfurt, Germany (roofs)• Gifhorn, Germany (roofs)• Poznan, Poland (door modules)• Bratislava, Slovakia (roofs)• Abrera, Spain (window regulators,

door modules)• Birmingham, United Kingdom

(apertures)

Joint Ventures• ArvinMeritor – PHA Door Systems

s.r.o, Kysucke Nove Mesto, Slovakia (door modules)

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LVS Operations in Europe – Customers

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ET Operations in EuropeWholly-Owned Operations• Mlada Boleslav, Czech Republic• Augsburg, Germany• Finnentrop, Germany • Jaszarokszallas, Hungary • Terni, Italy • Turin, Italy • Roermond, Netherlands• Orcoyen (Pamplona), Spain • San Esteve de Sesrovires, Spain• Valencia, Spain • Golcuk, Turkey • Redditch, United Kingdom • Warton, England, United Kingdom

Joint Ventures• Arvin Exhaust s.r.o., Prague, Czech

Republic

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ET Operations in Europe – Customers

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CVS Operations in EuropeWholly-Owned Operations• Mitry-Mory, France (axles, suspension systems)• Koblenz, Germany (sales and engineering office) • Cameri, Italy (axles, housings, gears, carriers and

caps, diff cases, wedge brakes)• Verona, Italy (axles, suspension systems, tire

inflation systems)• Amsterdam, Netherlands (procurement and IT office)• Helmond, Netherlands (axles, suspension systems,

tire inflation systems)• Barcelona, Spain (axles, suspension systems, tire

inflation systems)• Lindesberg, Sweden (axles, carriers, gears, bevel

sets, diff cages, housings)• Zurich, Switzerland (brakes, axles, StopMaster and

Allmakes products)• Istanbul, Turkey (sales office)• Cwmbran, Wales, United Kingdom (brakes, off-

highway, hydraulic actuation)

Joint Ventures• Ege Fren Sanayii ve Ticaret, Izmir, Turkey (brakes)• ArvinMeritor CVS Axles France SAS, St. Priest,

Franc (axles)• Fonderie Venissieux SAS, Venissieux, France (axle

foundry)

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CVS Operations in Europe – Customers

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Western Europe Heavy Truck Volume Forecast

CY 2005 CY 2006 CY 2007

Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

84 88 86 74 82 83 81 69 82

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

FY 2006 FY 2007 FY 2008

315

315(Thousands of vehicles)

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Balance Sheet Strengthening

61%59%

63%

2003 2004 2005 2006 E

$561

$469

$659

2003 2004 2005 2006 E

$299

$948

$696

2003 2004 2005 2006 E

$1,647

$1,354 $1,378

2003 2004 2005 2006 E

Debt-to-capitalization ratio

Unfunded pension liability(millions)

Term debt due within 5 years(millions)

Net debt (1)

(millions)

(1) Excludes any potential divestiture proceeds

$980

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In ProcessLVA Europe

$9 millionSoldEquity share in Purolator India

In ProcessN.A. Ride Control

Close 4QAnnouncedS. Africa Ride Control

SoldN.A. Purolator filters

SoldN.A. Exhaust

Announced LVS MSSC suspension components

Close 4QAnnouncedN.A. Motion Control

$39 millionSoldCVS Off-Highway Brakes

ProceedsStatus

Divestiture Status

$198 million

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FY 2006 Outlook –Continuing Operations Before Special Items

(in millions, except EPS)

Sales 9,000$ - 9,100$

Operating Margin 2.9% - 3.0%

Interest Expense (125) - (124)Effective Tax Rate 24% - 23%

Income from Continuing Operations 116$ - 123$

Diluted Earnings Per Share 1.65$ - 1.75$

Free Cash Flow (Total Company) 200$ - 225$

Full Year Outlook (1)FY 2006

(1) Outlook does not include the impact of any future acquisitions or divestitures, the impact of additional restructuring actions and any other special items.

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“Activate” existing mechanical products

Pursuing Profitable Business Expansion

Increase presence in emerging

markets

Grow commercial vehicle emissions,

specialty and aftermarket businesses

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• U.S. may adopt SCR solution– Improves fuel efficiency– Low sulfur diesel capacity

constraint

• Lean NOx Traps• Combined PM and NOx Traps

– SCRT (SCR+DPF)– Lean NOx Trap with Plasma

Fuel Reformer

2007U.S.

Solution

2006Europe

Solution

EGRExhaust Gas Recirculation (EGR)• Reduces NOx

Diesel Particulate Filter (DPF)• Reduces PM• Vocational application uses actively regenerated filter

Urea

ControlSelective Catalytic Reduction (SCR)• Reduces NOx• Reduces PM• Improves fuel economy

Beyond2007

Diesel Emissions Solutions

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Emissions Technologies Business Unit

2006 AND PRIOR

Light Vehicle Emissions• Technology• Scale and capacity• Resources

Commercial Vehicle Emissions• New regulations• New products• Explosive growth

EmissionsTechnologies

• Leverage technology and products

• Align capacity• Mobilize resources for

growth

2007 AND BEYOND

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Phil Martens Buddy Wacaser Carsten ReinhardtPresident, LVS President, ET President, CVS

Three New Division Presidents

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• Diversified product portfolio and customer base

• Leading and expanding positions in Europe and elsewhere

• Strengthened balance sheet

• Ideal position to seize key growth opportunities, providing offsets for projected heavy truck downturn

Investment Highlights

www.arvinmeritor.com