Press conference on the business development of the MAHLE Group for the business year April 17, MAHLE

Transcription

1 Press conference on the business development of the MAHLE Group for the business year 2013 April 17,

2 Agenda Business environment/economic situation in the automotive industry Business development of the MAHLE Group in 2013 Development of the MAHLE Group Outlook for the 2014 business year MAHLE 2013 business year at a glance 2

3 Business environment/economic situation in the automotive industry Worldwide automobile production 2012/2013 [in 1.000] Difference 2012/2013 in % Difference 2012/2013 in % Pass. cars & light comm. vehicles Pass. cars & light comm. vehicles Pass. cars & light comm. vehicles Commercial vehicles (incl. buses) Commercial vehicles (incl. buses) Commercial vehicles (incl. buses) America 19,725 20, North America 15,434 16, South America 4,291 4, Asia/Pacific 40,774 43, ,991 2, Japan 9,434 9, China 18,568 21, ,055 1, Europe 19,298 19, Germany 5,549 5, Other countries 1,714 1, Total 81,511 84, ,269 3, Source: IHS Automotive, figures for passenger cars and light commercial vehicles (last updated: March 2014); figures for commercial vehicles (last updated: February 2014) 3

4 Business development of the MAHLE Group in 2013 Sales development [in million EUR] 8,000 7,000 6,000 5,000 4, % 5, % 6,002 +3% 6, % 6,941 3,000 3,864 2,000 1,000,

5 Business development of the MAHLE Group in 2013 Group organization Business units and profit centers BUSINESS UNITS Engine Systems and Components Filtration and Engine Peripherals Thermal Management Industry Aftermarket Sales and Application Engineering Advanced Engineering PROFIT CENTERS Motorsports and Special Engines Engineering Services Small Engine Components Mechatronics Thermostats and Valves Control Units Front-end Modules 5

6 Business development of the MAHLE Group in 2013 Sales: Impact on currency exchange translation effect in euro and first consolidation 7,000 6,000 5,000 4,000 3,000 2,000 6, Currency exchange rate effect Major exchange Currency rates exchange rate effects JPY ,941.3 First consolidation effect without currency exchange rate effect 2012 BRL USD ARS INR Organic growth 6

7 Business development of the MAHLE Group in 2013 Financial statements Income statement Difference 2012/2013 million EUR million EUR million EUR Sales 6, , Cost of sales 4, , Gross profit on sales 1, , Selling, general administrative and R&D expenses , Other operating income Other operating expenses Financial result Result from ordinary activities Taxes Net income

8 Business development of the MAHLE Group in 2013 Financial statements Balance sheet Assets million EUR % million EUR % million EUR % million EUR % Equity and liabilities Intangible assets Equity 1, , Property, plant, and equipment 1, , Pension accruals Financial assets Other accruals , Inventories Liabilities to banks , Receivables and other assets Securities and liquid funds 1, , Trade payables Other liabilities Other assets Balance sheet total 4, , Balance sheet total 4, ,

9 Business development of the MAHLE Group in 2013 Development of capital expenditure on fixed assets investments/depreciations million EUR Investments Depreciations Investments Depreciations Investments Depreciations Investments Depreciations Investments Depreciations

10 Business development of the MAHLE Group in 2013 Construction of the logistics and Aftermarket location at Limeira in São Paulo/Brazil 10

11 Business development of the MAHLE Group in 2013 Newly built logistics center in Obninsk/Russia 11

12 Business development of the MAHLE Group in 2013 Development of headcounts [as at Dec. 31] 70,000 60,000 50,000 64,345 40,000 30,000 43,489 47,457 48,818 47,662 20,000 10,000 0,

13 Business development of the MAHLE Group in 2013 Development of headcounts by regions [as at Dec. 31] Difference 2012/2013 in % Europe 20,084 29, Thereof Germany 8,988 14, North America 7,508 10, South America 10,565 10, Asia/Pacific 9,505 12, Africa Total 47,662 64,

14 Business development of the MAHLE Group as of 2003 Long-term trends Sales in billion Euro Income from ordinary activities in million EUR (profit before taxes) Employees in thousand

15 Development of the MAHLE Group Bosch Mahle Turbo Systems starts subsidiary in China 15

16 Development of the MAHLE Group Acquisition of the majority share in the Behr Group, today MAHLE Behr Group 16

17 Development of the MAHLE Group MAHLE acquires share of Kokusan Denki Co., Ltd. Production plant in Gotemba/Japan Headquarter of Kokusan Denki 17

18 Development of the MAHLE Group Increased participation in MAHLE India Pistons Ltd. 18

19 Outlook for the 2014 business year Worldwide automobile production 2013/2014 [in 1.000] Difference 2013/2014 in % Difference 2013/2014 in % Pass. cars & light comm. vehicles Pass. cars & light comm. vehicles Pass. cars & light comm. vehicles Commercial vehicles (incl. buses) Commercial vehicles (incl. buses) Commercial vehicles (incl. buses) America 20,718 21, North America 16,178 16, South America 4,540 4, Asia/Pacific 43,029 44, ,070 2, Japan 9,066 8, China 21,261 23, ,215 1, Europe 19,508 19, Germany 5,631 5, Other countries 1,532 1, Total 84,787 87, ,391 3, Source: IHS Automotive, figures for passenger cars and light commercial vehicles (last updated: March 2014); figures for commercial vehicles (last updated: February 2014) 19

20 Outlook for the 2014 business year Image of new plant in Wuhan/China (Installation under construction) 20

21 Outlook for the 2014 business year Image of new plant in Shenyang/China (Installation under construction) 21

22 Outlook for the 2014 business year Image of MAHLE Technologies Holding (China) in Shanghai, 3rd phase of expansion (New installation under construction) 22

23 Outlook for the 2014 business year Image of new plant in Jakarta/Indonesia (Installation under construction) 23

24 MAHLE 2013 business year at a glance 2012 million EUR 2013 million EUR Difference in % Sales 6,159 6, Europe 2,867 3, North and South America 1,989 2, Asia/Pacific 1,303 1, Africa 0 13 Income from ordinary activities in % of sales 4.3% 4.4% Net income in % of sales 2.4% 3.4% Capital expenditure on tangible fixed assets Expenditure for R&D Balance sheet total 4,248 6, Equity 1,775 2, Equity ratio 41.8% 36.0% Headcount 47,662 64, Germany 8,988 14, Europe (incl. Germany) 20,084 29, North and South America 18,073 21, Asia/Pacific 9,505 12, Africa