Wienerberger Group Wienerberger AG 07-2016
Wienerberger at a glance 15,813 Employees Record revenues of 3.0 billion 201 production sites in 30 countries EBITDA of 370 million 6 groups of building material solutions 100% free float company 9/2/2016 2
In 1819 Wienerberger started as a local brick producer in Austria
almost 200 years of history later 1819 Founded by Alois Miesbach 1986 Start of Internationalization 1990 Expansion CEE 1996 Facing bricks (Terca) 1.095 1.338 2003 Expansion of Roofing Systems (Koramic) 1999 Market entry USA 1.827 1.955 2000 Transformation into a Pure Player 2011 Return to profitability and transformation into a supplier of system solutions 2.477 1.817 2009 Restructuring 1.915 2.662 2012 Full takeover of Pipelife 2.972 2015 Best year in history 673 Group revenue in mn. 341 1989 Founding of Pipelife (Joint Venture) 1997 Focus on core business 2005 Issuance of first bond 2010 100% Acquisition of Semmelrock 2014 Acquisition Tondach Gleinstätten 9/2/2016 4
Wienerberger is an International Building Supplier with a strong base in Europe Clay Blocks Nr. 1 worldwide India Plastic Pices Leading in Europe Clay Roof Tiles Nr. 1 in Europe Ceramic Pipes Nr. 1 in Europe Facing Bricks Nr. 1 in Europe, co-leader in USA North America (9%) Europe (91%) Concrete Pavers Nr. 1 in CEE 9/2/2016 5
Wienerberger is a 100% free float company Listing on the Vienna Stock Exchange Switzerland 2% France 13% Norway 2% Others 5% USA 31% Development of the Wienerberger Share Germany 9% Canada 11% UK 18% Austria 9% Investors with Wienerberger shares of >5 % Black Creek, CAN Investors with Wienerberger shares of >4 % FMR LLC (Fidelity), US Marathon Asset Management LLP, UK Status as of reporting year 2015 Pure free float company with 117.5 million shares issued 9/2/2016 6
Building Material and Infrastructure Solutions are our Passion
Building Material and Infrastructure Solutions by Wienerberger ROOF SOLUTIONS FACADE SOLUTIONS WALL SOLUTIONS CERAMIC PIPES PLASTIC PIPES PAVERS 8
Product Portfolio of the Wienerberger Group Wall Solutions Plastic Pipes Roof Solutions Ceramic Pipes Façade Solutions Pavers 9/2/2016 9
Product Portfolio of the Wienerberger Group Wall Solutions High-tech clay blocks for comfortable and healthy indoor climate Plastic Pipes System solutions for building installations and wastewater disposal to speciality products Roof Solutions Design element and protection in many different shapes and colors Ceramic Pipes System solutions for modern municipal wasterwater disposal Façade Solutions Innovative range of products for modern architecture and multi-storey buildings Pavers High resistance and lasting aesthetic for public areas, private homes and gardens 9/2/2016 10
Success through strong local brands 9/2/2016 11
Our innovative product solutions are applicable for buildings and infrastructure MULTI-FAMILY HOUSES Wall, Facade, Roof, Ceramic Pipes, Plastic Pipes, Pavers NON-RESIDENTIAL BUILDINGS Wall, Facade, Roof, Ceramic Pipes, Plastic Pipes, Pavers ONE AND TWO FAMILY HOUSES Wall, Facade, Roof, Ceramic Pipes, Plastic Pipes, Pavers INFRASTRUCTURE Ceramic Pipes, Plastic Pipes, Pavers 9/2/2016 12
Organizational Structure of the Wienerberger Group Wienerberger AG CEO: H. Scheuch CFO: W. Van Riet CLAY BUILDING MATERIALS EUROPE PIPES & PAVERS EUROPE NORTH AMERICA HOLDING & OTHERS CBME: CEO: C. Domenig CFO: S. Menard-Galli Pipelife: CEO: N.R. Solgaard-Nielsen CFO: M.Vandermensbrugghe General Shale: CEO: Ch. Smith CFO: H. Sorger COO: G. Hanke COO: H. Klawatsch Semmelrock: CEO: C. Reingruber Steinzeug-Keramo: CEO: B. Ebbers CFO: F. Franco 9/2/2016 13
One city per year and 11 times around the world 149.000 280.000 470.000 12.500.000 homes built roofs covered km pipes installed m2 pavers laid 9/2/2016 14
Key Data of the Wienerberger Group 2014 2015 Revenue in Mio. 2,834.5 2,927.2 Operating EBITDA in Mio. 317.2 369.7 Net debt in Mio. 621.5 534.1 Free Cashflow in Mio. 134.0 135.1 Revenue: 2,927.2 Mio. + 5 % EBITDA: 370 Mio. + 17 % Total CAPEX in Mio. 163.1 147.8 Ø employees 14,836 15,813 Free Cashflow: 135.1 Mio. + 1 % 9/2/2016 15
Sales figures of Wienerberger Group CLAY BUILDING MATERIALS EUROPE PIPES & PAVERS EUROPE NORTH AMERICA HOLDING & OTHERS 56% 35% 9% 0% EBITDA 2015 Revenue 2015 67% 39% 9% -15% Rounding differences may arise from the automatic processing of data. 9/2/2016 16
Mission Statement of the Wienerberger Group VISION Most highly regarded producer of building materials and infrastructure solutions and preferred employer in our markets MISSION Improve people s quality of life by providing outstanding, sustainable building material and infrastructure solutions GOAL A sustainable increase in the value of the company in accordance with ecological, social and economic principles VALUES Expertise Passion Integrity & Respect Customer Orientation Entrepreneurship Quality Responsibility 17
Our success is the result of a clear strategy and its consistent implementation! Optimization of Structures Diversification Innovation We continuously work on improvements in the efficiency of our production systems as well as our processes and procedures in the areas of production, sales, administration systems and organization. Our current industrial portfolio provides us with a sound basis for strong organic growth. Looking to the future, we shall continue to explore Wienerberger s growth potential. We are continually improving the offer for our customers and developing future-oriented products and services, ranging from energy-efficient buildings to eco-friendly pavers to durable and safe utility networks. 9/2/2016 18
Financial Targets 2020 Revenues EBITDA CFROI Net Debt / EBITDA Dividend ~ 4 bn > 600 mn 11.5 % < 2.0 10-30% of free cash flow post hybrid coupon 9/2/2016 19
Non-Financial Targets (Sustainability Roadmap 2020) SUSTAINABILITY IN SUPPLY CHAIN ENVIRONMENTAL ASPECTS IN PRODUCTION SOCIAL ASPECTS IN PRODUCTION SUSTAINABLE PRODUCTS Availability of raw materials Use of recycled material Avoidance of hazardous substances Protection of local residents and employees, nature protection and reasonable follow-up use of clay pits Energy Efficiency Climate Change Resource efficiency and waste management Water Saving Safety & Health of our Employees Business ethics and compliance Employee Satisfaction Innovative and sustainable products Recyclability, Recycling & Re-Use Ease of installation Renewable energy for buildings Contribution to energy efficiency of buildings http://sustainabilityreport14.wienerberger.com/pdf/wienerberger-en.pdf 9/2/2016 20
Success Stories: We count on a special kind of success the success of our customers.
A Breathing Office Building Office building 2226 in Lustenau (AT) 6-story office building without heating/cooling systems Average temperature between 22 and 26 C 50,000 Porotherm Bricks used for inner & outer layers The underlying idea for this office building was to translate the fundamental principles of sustainability into reality, Dietmar Eberle, principal and architect 9/2/2016 22
A Home for Generations E4-house in Budapest (HU) The Wienerberger e4-houses exceed the requirements of the EU Energy Performance of Buildings Directives 2020 44 cm bricks for thermal insulations, clay roof tiles for maximum heat storage capacity Comfortable heating with biomass We wanted to build a house that not only meets our expectations but is environmentally friendly and economically efficient at the same time, Réka, homeowner
High Voltage Underground Underground high voltage lines in Järfälla (SE) 80 km Pipelife cable protection pipes Optimal SRS laid with a weight of 355 tons Fewer welding points due to pipe lenght of 120m Innovative solution allows longer construction season, easy maintanance and lower costs Pipelife supplied us with an excellent product and actively contributed to the implementation of the project. This is an example of a supplier turning into a long-term partner, Henrik Bolinder, project manager 9/2/2016 24
Bricks for a Quiet Learning Environment Student Hostel in Angers (FR) The six-storys, 131 rooms and 82 apartments can accommodate 30,000 students Porotherm clay blocks used for multi-story buildings Low noise permeability between rooms and high insulation from street noise For a student hostel located between a busy highway and an urban tram line, there was no other solution but bricks, Jérôme de Crozé, architect 9/2/2016 25
Wienerberger AG A-1100 Wien, Wienerberg City, Wienerbergstrasse 11 T +43 1 601920 communications@wienerberger.com www.wienerberger.com Thank you for your attention!