Goldman Sachs BRICs Conference

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Transcription:

Goldman Sachs BRICs Conference Markus Akermann CEO Bandra Worli Sea Link Mumbai Holcim Ltd 2010

Founded back in 1912 Holcim started its internationalisation more than 80 years ago 1953 1912 1925 1990 1955 1925 1974 1951 as the first mover into foreign countries and regions 2

Holcim gradually expanded its footprint over time... 1920 1930 1950 1960 1970 1980 1990 2000 and is today present in the most attractive construction markets worldwide 3

Global construction outlook still rock-solid and dynamic! Largest construction markets 2009E Global ranking USA 1 China 2 Japan 3 Germany 4 Spain 5 France 6 Italy 7 South Korea 8 India 9 UK 10 Canada 11 Brazil 12 Australia 13 Russia 14 Indonesia 15 Largest construction markets 2020E Global ranking China 1 USA 2 India 3 Japan 4 South Korea 5 Germany 6 Spain 7 Russia 8 UK 9 Canada 10 France 11 Italy 12 Indonesia 13 Brazil 14 Australia 15 With a presence in 13 out of 15 top construction markets Holcim is very well positioned to capture growth opportunities Source: Global Construction 2020, Global Construction Perspectives, Oxford Economics, November 2009 4

All BRICs in one basket? Positions and challenges are very different! Holcim influenced capacity 2009 (M tonnes) Holcim BRIC pro-forma op. EBITDA 2009 1 Europe 51.1 18% North America 20.6 7% Latin America 34.2 12% Africa Middle East 27.2 10% Asia Pacific 153.1 54% Total influenced capacity 286.2 100% - of which BRIC 111.4 39% 16% 72% 8% 4% Brazil Russia/CIS India China Brazil platform for growth Russia Shurovo renewal Southeast in % of Brazil Population 53% GDP 73% Cement demand 66% Brasilia Belo Horizonte Sao Paulo Rio de Janeiro ~130km ~85km 1 Pro-forma incl. China (Holcim participation in Huaxin Cement is 39.9 percent therefore it s not fully consolidated) 5

All BRICs in one basket? Positions and challenges are very different! Holcim influenced capacity 2009 (M tonnes) Holcim BRIC pro-forma op. EBITDA 2009 1 Europe 51.1 18% North America 20.6 7% Latin America 34.2 12% Africa Middle East 27.2 10% Asia Pacific 153.1 54% Total influenced capacity 286.2 100% - of which BRIC 111.4 39% 16% 72% 8% 4% Brazil Russia/CIS India China Pan-Indian footprint Delhi China Attractive focus positions on provinces Rauri in the Himalayas >3,000 km Calcutta Mumbai Madras Eight provinces along the Yangtze River Market size of 450M t Huaxin capacity 51M tonnes 1 Pro-forma incl. China (Holcim participation in Huaxin Cement is 39.9 percent therefore it s not fully consolidated) 6

Not only BRICs a lot of other emerging markets show above average growth rates CAGR 2010 2020 construction output 10% Markets with Holcim presence No Holcim presence 5% 0% World Brazil Russia India China Indonesia Mexico Poland Turkey Saudi Arabia UAE Greece Colombia Romania Argentina Czech Republic Philippines South Africa Thailand Egypt Vietnam Hungary Morocco Ukraine Bulgaria Nigeria and Holcim holds top-three market positions in most of them Order of other emerging markets according to construction market size. Source: Global Construction 2020, Global Construction Perspectives, Oxford Economics, November 2009 World average 7

Organic expansion most efficient way to grow USA: Ste Genevieve Mexico: Hermosillo Indonesia: Tuban Java Know how from past projects applied to new expansions 8

Conclusions Early internationalization today, Holcim is truly global with strong positions in the most attractive construction markets worldwide Holcim built up a balanced portfolio approximately 70 percent of operating EBITDA is generated in fast growing countries BRICs account for approximately 30 percent of Holcim s pro-forma operating EBITDA Challenges in the BRICs are very different and need customized approaches Not only BRICs Holcim is also present in many other construction markets with above average growth rates Organic growth leverage know how from former projects to new expansions globally Holcim s strategy has successfully executed on the opportunities offered by the emerging markets 9

Disclaimer Cautionary statement regarding forward-looking statements This presentation may contain certain forward-looking statements relating to the Group s future business, development and economic performance. Such statements may be subject to a number of risks, uncertainties and other important factors, such as but not limited to (1) competitive pressures; (2) legislative and regulatory developments; (3) global, macroeconomic and political trends; (4) fluctuations in currency exchange rates and general financial market conditions; (5) delay or inability in obtaining approvals from authorities; (6) technical developments; (7) litigation; (8) adverse publicity and news coverage, which could cause actual development and results to differ materially from the statements made in this presentation. Holcim assumes no obligation to update or alter forward-looking statements whether as a result of new information, future events or otherwise. 10

Contact information and event calendar Contact information Event calendar Bernhard A. Fuchs Marco Knuchel Binit Sanghvi Investor Relations Phone +41 58 858 87 87 Fax +41 58 858 80 09 investor.relations@holcim.com www.holcim.com/investors August 19, 2010 Half-year results for 2010 November 10, 2010 March 2, 2011 Press and analyst conference for the third quarter 2010 Press and analyst conference for the annual results for 2010 May 4, 2011 Results for the first quarter 2011 May 5, 2011 General meeting of shareholders Mailing list: www.holcim.com/subscribe 11