Download - Outokumpu company presentation
This is Outokumpu
Global megatrends call for long lasting and sustainable solutions
Mobility and
urbanization
Medical engineering
Sea water desalination
related investments
Chemical and
pharmaceutical growth
Energy investments
Commercial catering
and household goods
..and many more
Economic and
population growth
Climate change and
limited resources
Buildings
Elevators
Automotive
Aerospace
Train
Transportation
..and many more
+1
Continued growth for stainless steel globally
Americas
+8% +5% +5%
-1% -2% +1%
12 13 14 15f 16f 17f
Europe
+1% 0%
+4%
+1% -2% +1%
12 13 14 15f 16f 17f
APAC +13%
+9% +7%
+2% +2% +4%
12 13 14 15f 16f 17f
Global
+9% +7% +6%
+2% +1% +3%
12 13 14 15f 16f 17f
USA
+8% +6%
0% -2% 0%
12 13 14 15f 16f 17f
+6%
OTHER AMERICAS
+8%
+3% +4%
-4% -2%
+4%
12 13 14 15f 16f 17f
OTHER EMEA
+1%
+8%
-4% -5% +1%
+4%
12 13 14 15f 16f 17f
CHINA +19%
+12%
+8%
+4% +3%
12 13 14 15f 16f 17f
+4%
OTHER APAC
+3% +4%
+6%
-1% +1%
+3%
12 13 14 15f 16f 17f
Data source: SMR, February 2016
Real demand for total stainless steel (rolled & forged products, excl. 13Cr tubes, profiles)
About 1% demand growth expected for 2016
Stainless steels are everywhere
and for almost every need
Heating, cooling
& ventilation Oil & gas Pulp & paper
Chemical
industries Energy
Architecture,
building &
infrastructure
Automotive &
transportation
Catering, food
& beverage
Home
appliances
Stainless steel is
• Strong
• Resistant
• Formable
• Beautiful
• Safe
• Recyclable
Our vision
5 4/7/2016
To be the best
value creator
in stainless steel
by 2020 through
customer orientation
and efficiency.
Our strategic plan
The best value in the industry for customers,
shareholders and employees through:
PORTFOLIO
AMERICAS
MANUFACTURING
EXCELLENCE
WOLRD CLASS
SUPPLY CHAIN SAFETY
HIGH
PERFORMING
ORGANIZATION
VISION 2020:
To be the best value creator
in stainless steel by 2020
through customer orientation
and efficiency.
We work globally together with
our customers and partners
Solar power plant
Crescent Dunes, USA
Cloud gate
Chicago, USA
Chrysler Building
New York, USA
Air Force Memorial
Washington, USA
Coins blanks
Casa de Moneda, Mexico
New Street Station Network Rail
UK
Tanks for energy plant
Torresol, Spain
Waterfront building
Stockholm, Sweden
Storage tanks
Japrotek, Finland
Washing machine drums
Miele, Germany
BMW headquarters
Munich, Germany
Seawater/desalination plants
Abu Dhabi and Dubai
Qatar Foundation HQ
Qatar
Nuclear fusion reactor
Japan
Oil refinery & LNG plants
Sinopec, China
Stonecutters Bridge
Hong Kong
Ping An Finance Center
Shenzhen, China
Marina Bay Bridge
Singapore Gorgon LNG field project
Vantrunk, Australia
Burj Khalifa
Dubai
Our market share 2015 Europe 30% • NAFTA 21% Globally 8%
Integrated melt shop,
hot and cold rolling
Other mills
Mine
Service center
Nyby
Kemi
Tornio Avesta
Degerfors
Sheffield
Krefeld & Benrath
Dillenburg
Dahlerbrück
New Castle
Calvert
Wildwood
San Luis Potosí
Richburg
Our turnover 2015 (m€): 6,384
11,000 professionals in more than 30 countries.
Our operations
Safety is our number one priority in all operations
Safety starts
with me.
Safety comes
before volumes.
No
shortcuts.
No
repeats.
Our safety principles
Lost-time injury target <2.5
Lost-time injury rate 2015 3.0
Listening to our customers helps us focus on the right themes
Other
Commercial terms
Technical expertise
Easy to deal with
Product quality
Delivery reliability
Customer
satisfaction
drivers
1,197 customer satisfaction interviews during 2015
Our technical expertise translates into customer benefits
Over 100 years of innovation
Continuous development
New, better solutions
Increases our customers
competitiveness
Profitability
Higher
efficiency
Sustainability
Our product forms
Ferrochrome Slab Quarto plate Hot rolled black coil
Hot and cold rolled white coil
Precision strip
Cast semis Rolled and forged billet
Bar Rebar Wire rod Welded pipe
Our product portfolio
Outokumpu organization
CTO Pekka Erkkilä
CFO Reinhard Florey(*
HR, IT, Health & Safety
Johann Steiner
Communications
& Marketing
Saara Tahvanainen
Coil EMEA
Olli-Matti Saksi
Coil Americas
Michael Williams
APAC
Jan Hofmann
Quarto Plate
Liam Bates
Long Products Kari Tuutti
President and CEO Roeland Baan
*) Christoph de la Camp as of July 1, 2016
Key figures
Key figures – Quick facts 1) Excluding ferrochrome deliveries
2) EBITDA excluding
non-recurring items, other than
impairments; and inventory
gains/losses, unaudited
3) EBIT excl. non-recurring items and
inventory gains/losses, unaudited
4) Accounting capex
Quick facts 2015 2014
Stainless steel deliveries, 1,000 tonnes 1 2,381 2,554
Sales, EUR million 6,384 6,844
Underlying EBITDA 2, EUR million 196 232
Underlying EBIT 3, EUR million -101 -88
EBIT, EUR million 228 -243
Operating cash flow, EUR million -34 -126
Capital expenditure4, EUR million 154 127
Personnel at the end of the year 11,002 12,125
4/7/2016 16
Key figures – Deliveries by product grade
Austenitic
(CrNi) 55%
Austenitic
(CrNiMo) 22%
Ferritic 14%
Duplex 7% Other 3%
Management estimates full year 2015 4/7/2016 17
Key figures – Sales by segments
End-customers
15%
17%
5% 4%
17%
22%
20%
Consumer goods & medical
Automotive
Architecture, building & construction
Chemical, petrochem. and energy
Metal processing & tubes
Heavy industries
Other
56%
44%
Distributors
Management estimates for full year 2015 4/7/2016 18
Key figures – Market position
Major stainless steel producers
Million tonnes 2014 2016
Tisco 2.6 3.1
Posco 2.5 2.5
Outokumpu 2.4 2.3
Acerinox 2.4 2.5
Yusco 1.8 1.8
Aperam 1.6 1.6
Baosteel 1.2 1.7
Outokumpu’s market share
At the end of 2015
Europe ~30%
NAFTA ~21%
Globally ~8%
Million tonnes, estimated cold rolling capacity, source: SMR, February 2015.
4/7/2016 19
Working towards forever.
20
We work with our customers and partners to create
long lasting solutions for the tools of modern life and
the world’s most critical problems such as clean
energy, clean water, and efficient infrastructure.
Because we believe in a world that lasts forever.
4/7/2016
Thank you!
4/7/2016 21
www.outokumpu.com
choosestainless.outokumpu.com
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