Engineering balanced sustainability. Vision 2020 launch December 2, 2009

Transcription

1 1 Engineering balanced sustainability Vision 2020 launch December 2, 2009

2 2 Pöyry in 2020 Pöyry preparing the future Pöyry accelerating profitable growth

3 3 Headline Pöyry 2020 in Trade Gothic Light 74/66 Bodycopy in Trade Gothic Light 22/30. Bullets in orange. Trade Gothic Light 22/30

4 By 2020 Pöyry is The global thought leader in engineering balanced sustainability for a complex world 4

5 5 The big leap forward From midsized leading sector specialist to one of the world s leading consulting engineering companies by 2020

6 6 The Pöyry 3.0 megatrends Population growth and urbanisation Shift in economic balance Environmental degradation Redirection of technological innovation Accelerating urbanisation Scarcity of all resources Accumulating environmental constraints Globalisation of knowledge New markets/new competitors Global clients The ultimate challenge for the planet Not enough resources to continue developing as before Sustainability is the starting point for all new projects and future growth Continued rapid pace of technological innovations Continued convergence of technology and services New focus areas: Sustainable energy Environmental technologies Intelligent transportation technologies

7 7 Growing complexity is an opportunity Global megatrends Growing sustainability thinking Need for new and broader knowledge Changing business climate Growing complexity in customers needs Need for a capable partner with expertise in sustainable solutions Opportunities for Pöyry New complexity, scope, interdisciplinary in projects Ability to solve customers complex challenges

8 8 Total offering DESIGN AND SUPERVISION SOCIAL ENVIRONMENT CLIENT TOTAL SOLUTIONS ECONOMY MANAGEMENT CONSULTING

9 9 Pöyry preparing the future

10 10 Pöyry is entering its 3rd era Jaakko Pöyry one man s dream Global business Engineering balanced sustainability 1958 > Focus on forest industry 1990 > Diversifying businessmodel to energy, infrastructure, water & environment 2009 > Leveraging the accumulated expertise in selected sectors and new opportunities in balanced sustainability

11 11 Sector focus in 2010 urban & MOBILITY water & ENVIRONMENT industry energy

12 12 Synergy potential Urban ecology Sustainable land use Flood management Eco-industrial zones Intelligent transport Green buildings Recycling Energy efficiency Waste-to-energy Biofuels Biochemicals urban & MOBILITY industry MANAGEMENT CONSULTING water & ENVIRONMENT energy Desalination Water efficiency in energy production Tidal power Solar hydrogen Strategy Public policy Performance improvement

13 13 Clear geographic focus Markets with full Pöyry platform of services markets with several key business lines Project based presence

14 14 Sustainability We recognise the three dimensions of sustainability, as defined by the UN Social BEARABLE EQUITABLE SUSTAINABLE Environment VIABLE Economy

15 15 Headline Balanced in sustainability Trade Gothic Light 74/66 Environment Social Balanced Sustainability Economy Environment Sustainability Bodycopy in Trade Gothic Light 22/30. Bullets in orange. Trade Gothic Light 22/30 Environment Balanced Sustainability Economy Social Balanced Economy Social

16 16 Pöyry accelerating profitable growth

17 17 Accelerated growth Annual net sales growth target 15 % Organic growth and M&A Capture full potential of existing clients and existing areas of synergy Management consulting Focus on larger projects and project management capabilities Development of new synergetic services and products

18 18 Integrated management consulting DESIGN AND SUPERVISION SOCIAL ENVIRONMENT Leverage full synergy potential Become a true knowledge network CLIENT Invest in thought leadership TOTAL SOLUTIONS ECONOMY MANAGEMENT CONSULTING

19 19 Stronger focus on large projects DESIGN AND SUPERVISION SOCIAL ENVIRONMENT Focus on larger & more complex projects CLIENT Build truly world class project management capability TOTAL SOLUTIONS ECONOMY MANAGEMENT CONSULTING Combining with our strong engineering base

20 20 Delivering excellence and cost competitiveness DESIGN AND SUPERVISION SOCIAL ENVIRONMENT Strengthen our unique and specialised engineering expertise CLIENT Leverage our excellent client base Create strong and competitive engineering centers TOTAL SOLUTIONS ECONOMY MANAGEMENT CONSULTING Harmonise global processes

21 21 New way of working One Pöyry Strengthening the brand Simplifying business and legal structure Strong global community Agenda setting expertise Shared vision and combined cross-border knowledge Employer of choice Investment in thought leadership and expert capabilities Exciting professional opportunities Investments in new platforms

22 22 An organisation reflecting our vision Heikki Malinen, President and CEO CONSULTING ENGINEERING & PROJECTS STRATEGIC GROWTH Richard Pinnock MANAGEMENT CONSULTING BG Bernd Kordes, acting ENERGY BG Ari Asikainen INDUSTRY BG Martin Kuzaj URBAN & MOBILITY BG Andy Goodwin WATER & ENVIRONMENT BG Bernd Kordes, W&E GLOBAL GROUP FUNCTIONS Esa Ikäheimonen, CFO Anne Viitala, Legal & Commercial Camilla Grönholm, HR

23 23 Focus on growth Net sales but not compromising the profitability Operating margin 15 % p.a. > 8 %, medium term > 10 %, long term Return on investment* 20 % Earnings per share 15 % Gearing < 30 % EPS 15 % Dividend per share 50 % * Pre-tax profit + interest + other financial expenses/ balance sheet total - non-interest bearing liabilities quarterly average x 100

24 24 Focal points of the vision BALANCED SUSTAINABILITY BUSINESS SECTORS TOTAL OFFERING GEOGRAPHIC FOCUS WAY OF WORKING

25 Thank you 25

26 Appendixes 26

27 27 Net sales Growth target 15% < Long term CAGR : 12% L12M/Q32009 Until 2003 according to FAS and from 2004 on according to IRFS

28 28 Operating profit & margin % % Long term target 10 % < 10 % Medium term target 8 % < 8 % 6 % 30 4 % % L12M/Q32009 Until 2003 according to FAS and from 2004 on according to IRFS

29 29 Return on investment 50 * Target 20% < Q32009 annualised * Calculation principle was changed in 2008 figures revised from Until 2003 according to FAS and from 2004 on according to IRFS.

30 30 Headline Net debt, in equity Trade & gearing Gothic Light 74/66 Equity Net debt Gearing Gearing target < 30% Bodycopy in Trade Gothic Light 22/30. Bullets in orange Trade Gothic Light 22/ Q % 30 % 20 % 10 % 0 % - 10 % - 20 % - 30 % - 40 % - 50 % Until 2003 according to FAS and from 2004 on according to IRFS

31 31 Earnings per share & pay out Pay-out ratio target 50% < % EPS Dividend Pay-out ratio 1,8 90 % 1,6 80 % 1,4 70 % 1,2 60 % 1 50 % 0,8 40 % 0,6 30 % 0,4 20 % 0,2 10 % 0 0 % Until 2003 according to FAS and from 2004 on according to IRFS

32 Engineering balanced sustainability 32

33 33