2011年Bohler 财务分析

Financial Year 2011/12Investor Relations May 2012

voestalpine AG

voestalpine GroupBusiness conceptFirst choice for high tech steel solutions Steel is– and will always be - the base of voestalpine Group Our downstream strategy is strongly driving evolution from a steel maker to a processing and technology group We offer custom made solutions based on most advanced products and perfect service We focus on strategic markets with utmost technological and quality requirements, such as energy and mobility (automotive, railway and aircraft industry) Long term relationships with customers, suppliers and R&Dinstitutions are key drivers for innovation and progression Number 3 in Europe by size– market capvoestalpine AG| May 2012 2|Investor Relations

voestalpine GroupActualities not expected from a“steel company”Amongst others we deliver parts, components and complete solutions forSpace programsStarter housing for Ariane Spaceship/ Europe Special sections for Space Shuttle/ USA

Aircraft industryDifferent parts of special steel for airplanes Aluminium stringers of airplane bodies Titanium seat tracks of Boeing Dreamliner

Special engineeringTurn-key high speed turnout systems Hot box detectors for high speed trains

Steel is the base, demanding customized solutions are our businessvoestalpine AG| May 2012 3

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Investor Relations

voestalpine GroupGlobal footprintBusiness Year 2011/12Revenue by regions30% Germany 4% Rest of world 8% North America 8% Asia 4% Brazil 20% Other Europe 10% Austria 5% Benelux 6% Italy 5% France

Revenue by industries30% Automotive

13% Civil& mechanical engineering 2% Aviation

12% Railway infrastructure 15% Energy industry

13% Other 6% White goods/ consumer goods 9% Building& construction subsuppliers

No significant exposure to ailing countries and industries

voestalpine AG| May 2012 4

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Investor Relations

voestalpine GroupLeading position in core segments

Steel Division Top European player Top three European supplier of high quality sheet and global top position in heavy plate for the most demanding applications.

Special Steel Division Global leadership Worldwide leader in tool steel. Leading position in high-speed steel and forgings.

Metal Engineering Division (formerly Railway Systems) Global leadership European market leader for rails and processed wire, world market leader for turnouts and complete railway systems; leading position in welding consumables and seamless tubes.

Profilform Division Global leadership Worldwide market leader in special sections and custom rollforming; leading position in precision strip.

Automotive Division Top European player Top three European player in the automotive supply industry for special components.

as of April 1, 2012

Metal Forming DivisionGlobal leadership Leading worldwide provider of high-quality metal processing solutions, in particular special sections and precision steel coil as well as special component

s for the automobile industry

voestalpine AG| May 2012 5

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Investor Relations

voestalpine GroupHighlightsUneven development of global markets in FY 2011/12 Softening of dynamics in growth regions, in particular in China and Brazil US market showing marked improvement Europe– with exception of export oriented countries– suffering from debt and Euro-crises Within this challenging environment, voestalpine Group raised turnover by 10% to over 12€bn stabilized“clean” EBIT figure at above 900€m reduced Gearing from 57.8% to 53.5% generated Free cash flow of 341€mQ1FY 11/12

voestalpine Group in figuresSales(€m)

EBIT(€m)

EBIT(%)

3,052

318

10.4

Q2FY 11/12

2,926

214

7.3

Q3FY 11/12

2,899

145 * 28 * 704

5.0

Q4FY 11/12

3,181

0.9

Q1– Q4FY 11/12

12,058

5.8

Q1– Q4FY 10/11

10,954

985

9.0

* including one-offs of 205€m in Metal Engineering Division

voestalpine AG| May 2012 6

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Investor Relations

Steel DivisionBusiness developmentThroughout FY 2011/12 difficult demand/supply-situation for European steel industrySales EBIT(€m)

Steel Division in figuresEBIT(%)

Customers increasingly cautious from Q2 FY 2011/12 after solid start into FY 2011/12 Trough of cost-price margin in autumn/winter 2011 due to lagging effect of declining raw material costs Rebound in order intake since turn of the yearQ2FY 11/12

(€m)

Q1FY 11/12

1,038

101

9.8

978

60

6.1

Q3FY 11/12

995 1,119 4,130 3,839

10 56 227 372

1.0 5.0 5.5 9.7

Focus on premium segment stabilizing outstanding position of voestalpine Steel DivisionAutomotive, energy, machine building on solid level Building/construction, household appliance still lagging behind

Q4FY 11/12

Q1– Q4FY 11/12

Q1– Q4FY 10/11

voestalpine AG| May 2012 7

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Investor Relations

Special Steel DivisionBusiness developmentExtended volumes in FY 2011/12 due to debottlenecking and widely full utilization rates Global exposure of Special Steel Division supporting favourable developmentStable strong situation in most important single market Germany, however Southern Europe lagging behind US exceeds expectations whereas Asia showing only modest progress South America stable on average levels Special Steel Division in figures (past ppa)Sales(€m)

EBIT(€m)

EBIT(%)

Q1FY 11/12

751

83

11.0

Q2FY 11/12

713

59

8.3

Encouraging order intake from automotive, oil& gas exploration and aircraft segments Consumer goods and machine building industries on solid level as well Demand from power plant construction still weak Solid order intake indicates stable devel …… 此处隐藏：9239字，全部文档内容请下载后查看。喜欢就下载吧 ……