Extend and grow second brands Acquisitions
səhifə 2/2 tarix 09.01.2022 ölçüsü 451 b. #91984
Acquisitions SKF Group Vision SKF BeyondZero SKF launched the BeyondZeroTM portfolio with products and solutions, which will both improve energy efficiency and reduce the environmental impact. SKF revised targets for its climate strategy and also partnered with the WWF in their Climate Savers Programme. 23 SKF Solution Factories 2013
SKF Solution Factory Slab continuous caster – metal industry Peru Peru Industria Textil Piura 60,000 E2 deep groove ball bearing
Acquisition 2003-2013 Identifying gaps and opportunities in all platforms SKF Half-year results 2013 Tom Johnstone, President and CEO Highlights Q2 2013 Highlights Q2 2013 New products - examples SKF Group – Q2 2013 Financial performance 2013 2012 Net sales, SEKm 16,392 17,174 Operating profit, SEKm 1,837 2,049 Operating margin, % 11.2 11.9 Operating margin excl. restructuring,% 12.4 12.7 Profit before tax, SEKm 1,627 1,774 Cash flow, SEKm 1,147 686 Organic sales growth in local currency: SKF Group: -2.2% Strategic Industries: -7.6% Regional Sales and Service: -4.8% Automotive: 7.7% Sales volumes down by -1.6% y-o-y Manufacturing relatively unchanged compared to last year Inventories 21.6% of sales
Growth development by geography Organic growth in local currency Q2 2013 vs Q2 2012Growth development by geography Organic growth in local currency YTD 2013 vs YTD 2012Components in net sales Operating profit
Operating margin
Operating margin Operating margin per business area Inventories as % of annual sales Return on capital employed Cash flow, after investments before financing Net debt Second quarter 2013 Half year 2013 July 2013: SKF demand outlook Q3 2013 SKF demand outlook Q3 2013, regions SKF demand outlook Q3 2013, business areas SKF sequential volume trend Q3 2013, main segments Guidance for the third quarter 2013* Tax level: around 30% Financial net for the third quarter: Around SEK -200 million Currency impact on operating profit versus 2012 Q3: SEK -100 million Full year: SEK -450 million Additions to PPE: Around SEK 1.7 billion for 2013 Key focus areas 2013 Managing the uncertain and different demand environment - Profit and cash flow Initiatives and actions to support long-term financial targets - New factories in Mysore and Bengaluru in India - New warehouse in Shanghai, China - SKF Campus in Shanghai , China, including: ‣ New factory for automotive ‣ Global Technical Centre China ‣ SKF Solution Factory ‣ SKF College - Integration of new acquisitions, GBC and BVI - Cost reduction and efficiency programme - New IT systems Business Excellence and competence development Cost reduction – specific programme 2012-2015 Main activities: Consolidation of manufacturing - merger between sites - transfer to faster growing markets with more local production Optimization and productivity improvements - in the manufacturing and demand chain processes - in administration and support functions Reduction in purchasing cost - mainly through standardization and rationalization of the supplier base. Reduction of annual cost by SEK 3 billion by the end of 2015 - Total cost for the programme around SEK 1.5 billion - 2,500 people impacted, SKF’s priorities Sustainable profitable growth Expand the platform concept Develop new products and grow SKF BeyondZero portfolio Extend and grow second brands Acquisitions Cautionary statement This presentation contains forward-looking statements that are based on the current expectations of the management of SKF. Although management believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those implied in the forward-looking statements as a result of , among other factors, changes in economic, market and competitive conditions, changes in the regulatory environment and other government actions, fluctuations in exchange rates and other factors mentioned in SKF's latest annual report (available on www.skf.com) under the Administration Report; “Important factors influencing the financial results", "Financial risks" and "Sensitivity analysis”. Welcome to the IR website – www.skf.com > Investors Dostları ilə paylaş:
