BILFINGER SE INTO SUSTAINABLE PROFITABLE GROWTH
Thomas Schulz | Group CEO
Matti Jäkel | Group CFO
June 12, 2024
Capital Markets Day 2024
NO. 1 FOR OUR CUSTOMERS IN ENHANCING EFFICIENCY & SUSTAINABILITY
No. 1 for our customers in enhancing efficiency & sustainability
Positioning | Years |
… | |
2027 | |
Bilfinger
Future
2025 |
FY 2023
+7%
2023 4.3%
78%
Bilfinger
CMD
2023 EfficiencyProgram ✓ Q4 2023
CMD 2024
- Strategy
- Cash
- Stork
Q2 2024
2025/2027
4-5% CAGR
6-7%
>80%
Q4 2024 | … | Quarters |
Operational Excellence
2 Bilfinger | Capital Markets Day 2024 | June 12, 2024
Growth | EBITA margin | Cash Conversion | ||
Agenda
Morning SessionsAfternoon Sessions
Into Sustainable Profitable Growth | Driving Market Expansion |
Jürgen Liedl, President E&M Europe | |
Thomas Schulz, Group Chief Executive Officer | |
Matti Jäkel, Group Chief Financial Officer | Transformation into Core Service Business |
Christian Rugland, President E&M International |
The Perfect Fit: Bilfinger & Stork | Leveraging Trends for Growth |
Jürgen Liedl, President E&M Europe | Thorsten Hoppe, President Technologies |
03:30 - 04:30 PM
Joint visit of Bilfinger ACHEMA booth
Leading Engineering and Maintenance in Energy Transition
Massimo Pardocchi and Oksana Roman
3 Bilfinger | Capital Markets Day 2024 | June 12, 2024
Bilfinger Company Profile
Consultancy | Engineering | New builds | Maintenance & Turnarounds |
& modifications | |||
Digitalization |
83%
Engineering & Maintenance
17%
Technologies
~€5 bn
revenue
>90%
customer
retention rate
>30,000
employees
~65%
frame- and
service contracts
Europe
BeNe | DACH | Eastern Europe | Nordic | UK
Energy Transition | Life Science | Nuclear
International
North America | Middle East
~80%
similar business
across all industries
>90%
revenue in
sustainable services
Industries | ||||
Energy | Chemicals & | Pharma & | Oil & Gas | Adjacent |
Petrochemicals | Biopharma | Industries | ||
No. 1 for our customers in enhancing efficiency & sustainability
>140
years of
expertise
MDAX
listed in Germany
>30
countries
active in
Asset-light
service
provider
4 Bilfinger | Capital Markets Day 2024 | June 12, 2024
Trends and drivers
Outsourcing
Volatility
Overregulation
Efficiency
Bilfinger's business
Sustainability
Decomplexing
model benefits
Labor shortage | Competence transfer |
from both growing
Climate change
Digitalization
Energy costs
as well as declining
Artificial Intelligence
…
…
markets
5 Bilfinger | Capital Markets Day 2024 | June 12, 2024
Our industries
Energy
Addressable
markets | 62 |
[USD bn] | |
Bilfinger | |
CAGR | ~2% |
2024 to | |
2025/27 |
Outsourcing | Good / |
potential | Stable |
6 Bilfinger | Capital Markets Day 2024 | June 12, 2024
Chemicals & | Pharma & | Oil & | ||
Petrochemicals | Biopharma | Gas | ||
34 | 21 | 22 |
~1.5% | ~3% | ~2% |
CAGR in addressable markets: ~2% | ||
Good / | Good / | Good / |
Increasing | Increasing | Increasing |
Adjacent
Industries
>50
© Audrey - stock.adobe.com
~2%
Good /
Stable
Attractive growth
+7%
revenue
growth
2023
CAGR in | 2-3% | |||||
addressable | ||||||
market | 4-5% | |||||
▪ | Outsourcing | |||||
CAGR | ||||||
▪ | Offering | |||||
~2% | ||||||
▪ | Geography | |||||
M&A ▪ Funded by sound balance sheet
- Total Shareholder return and EPS accretion
- Attractive top-line and bottom- line contribution
- Driver of full line offering in our core regions
- Access to skilled labor
- Integrative
2022 | Market growth Self-propelled2023-2025/27 |
growth |
7 Bilfinger | Capital Markets Day 2024 | June 12, 2024
Strategic levers
Capital Markets Day 2024 | |||||
Capital Markets Day 2023 | |||||
Efficiency | ✓ | Operational | |||
1. Program | Excellence | ||||
2. OperationalExcellence
3. Positioning | Positioning |
8 Bilfinger | Capital Markets Day 2024 | June 12, 2024
Operational Excellence
Progress
Competence
Development | Deep Dive |
KPI
Growth
Profitability
Cash
Procurement
Profitability
Cash
Standardization
- Bundling De-Risking
Growth
Profitability
Cash
Profitability
Cash
Automation
& Digitalization
Profitability
Cash
9 Bilfinger | Capital Markets Day 2024 | June 12, 2024
Competence development
Deep Dive
Investment in training
> 0.5%
of Revenue
p.a.
More upskilling
Higher attraction
Reduced labor shortage
Improved safety
& education
10 Bilfinger | Capital Markets Day 2024 | June 12, 2024
Increased digitalization
More standardization
Higher customer and employee attraction
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Disclaimer
Bilfinger SE published this content on 12 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 June 2024 05:24:09 UTC.
