Sandvik China Mining and Construction Investor presentation 12 May 2010

Transcription

1 Sandvik China Mining and Construction Investor presentation 12 May 2010 Sandvik investor presentation 2009 Page 1

2 Antonin Beurrier President Region East Asia Sandvik Mining and Construction Born in France, 1970 Ecole Nationale d Administration Columbia Business School Ph D in progress at the Paris Mining School China s energy system With Sandvik since 2006 Career: Sandvik President Region East Asia Sandvik Emerging Markets Manager Inspection Generale des Finances Michelin - IRO, Strategy and M&A Pdt Northern Europe Prefet Chief of Staff Navy Officer 1994 Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 2

3 Sandvik Mining and Construction Invoicing, personnel and segments Employees Construction China Invoicing Employees 300 Mining 200 Construction World wide Mining 2009 Invoicing 2,042 MSEK Employees 444 Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 3

4 China Market profile Market transformer for the Mining and Construction industries Fastest growth rate in the world Outstanding accessible market for Sandvik Within China 60 B SEK Coal, iron ore, non ferrous, aggregate, cement Beyond China borders Direct investments in energy and resources 150 B USD in 2009 Large scale equity investments, infrastructure contracts, cooperations World impact on commodities demand and price Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 4

5 Market profile New customers Hebei Iron & Steel Henan Coal Chemical 10 5 Sales 2008, B USD Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 5

6 Market profile Reference customers in mining Our largest fleet of mining crushers in the world Our largest fleet of Bolter Miners in the world Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 6

7 Sandvik s Construction solutions in line with new industry trends Infrastructure investments - Hydropower projects Urbanization and environmental protection - recycling of demolition materials Modern quarry operations - Safety and productivity

8 Market profile New competition Emerging suppliers design a new competitive landscape 8 5 SANY Group 1 Sales 2009, B USD Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 8

9 A favorable terrain for Sandvik Challenging operating conditions Coal mining 95% underground, low recovery rates at 35%, unstable geology, narrow veins. Coking coal : 75% deep underground >400 meters, highly gaseous districts Metals mining low grades in iron ore, hard rocks to crush, moving underground Transportation & maintenance challenges Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 9

10 Favorable industry trends Consolidation: large scale, modern and mechanized operations favorable to Sandvik advanced solutions Internationalisation of Chinese Mining and Construction groups: Sandvik leverages its first class capabilities in Australia, Africa, Latin America and Canada Urbanization: mobile crushing and screening for demolition and recycling solutions, tunneling Safety, a key focus area Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 10

11 Strategy Source : Swedish Trade Council Nov, 2009 Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 11

12 Robust industrial base World s largest assembly center inaugurated in Sept 2009 in Jiading. Rock tools production unit operational in Wuxi since June 2009 Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 12

13 Footprint Wide Sales and Service network 238 sales and service staff 11 offices and service hubs 5 warehouses 50 distributors R&D Center to be launched H Sourcing Organization >30 staff, including global category sourcing managers Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 13

14 Conclusion China offers unique business opportunities for Sandvik Market size 60 B SEK with double-digit growth next 5 years Drive for higher productivity and safety, key differentiators for SMC. Reference Chinese mining and construction groups trust Sandvik s advanced solutions for their operational challenges Holistic, aggressive and long term business plan Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 14

15 Sandvik investor presentation 2009 Page 15

16 Thank you Sandvik investor presentation 2009 Page 16

17 Cautionary statement Some statements herein are forward-looking and the actual outcome could be materially different. In addition to the factors explicitly commented upon, the actual outcome could be materially effected by other factors like for example, the effect of economic conditions, exchange-rate and interest-rate movements, political risks, impact of competing products and their pricing, product development, commercialisation and technological difficulties, supply disturbances, and the major customer credit losses. Investor presentation Shanghai 2010 Sandvik Mining and Construction Page 17