annual general meeting 19 march 2012 - cargotec...eps dividend 19 mar 2012 8 * dividend proposal by...
TRANSCRIPT
Annual General Meeting 19 March 2012
President and CEO Mikael Mäkinen
2011 financials
19 Mar 2012 3
Orders received grew 18 percent
2006 2007 2008 2009 2010 2011
19 Mar 2012 4
MEUR
5,000
4,000
3,000
2,000
1,000
0
Sales grew 22 percent
2006 2007 2008 2009 2010 2011
19 Mar 2012 5
MEUR
4,000
3,000
2,000
1,000
0
Profitability improved to 6.6 percent
0
2
4
6
8
10
2006 2007 2008 2009 2010 2011
19 Mar 2012 6
%
Cash flow from operations healthy in growing
markets
250 235
134
290 293
166
0
100
200
300
400
2006 2007 2008 2009 2010 2011
19 Mar 2012 7
MEUR
Earnings per share and dividend for class B share
2.57
2.17
1.91
0.05
1.21
2.42
1.00 1.05
0.60
0.40
0.61
1.00*
2006 2007 2008 2009 2010 2011
EPS Dividend
19 Mar 2012 8 * Dividend proposal by the Board of Directors
3.00
0.50
0.00
1.00
1.50
2.00
2.50
EUR
Sales and personnel by geographical area
40 %
39 %
21 %
Sales
EMEA APAC Americas
(42)
19 Mar 2012 9
59 % 28 %
13 %
Personnel (end of period)
EMEA APAC Americas
(40)
(18)
(63)
(25)
(11)
Achievements in 2011
19 Mar 2012 10
Marine – very good execution
19 Mar 2012
Very strong results Best Supplier 2010 award Offshore services
11
Terminals – strong strategic foundation
Navis acquisition
Rainbow-Cargotec Industries
Tampere Technology and Competence Centre
Singapore Competence Centre
TraPac Inc, Los Angeles, USA London Gateway
Port 2060 19 Mar 2012
Strong order intake 12
19 Mar 2012
Port 2060 – the future of cargo handling
13
Load Handling – opportunities outside traditional
markets
19 Mar 2012
Siemens Wind Power
Order for 80 loader cranes from Mexico Healty order intake in the USA
14
Services – back to growth
19 Mar 2012
RTG electrification Ship-to-shore crane heightening
Inbound flow of
spare parts
Spare parts flow
to customers
Spare parts logistics
15
Future
19 Mar 2012 16
Towards customer solutions
Project execution Performance culture Profitability
Mission: To improve the efficiency of cargo flows
Internal
clarity
Emerging
markets
Services
Customers
Working together
Themes 2012
Sustainable performance Global presence, local service
Vision: To be the world’s leading provider of cargo handling solutions
Sales growth
Operating profit
margin
Gearing
Dividend
19 Mar 2012 17
Outlook published on 7 February still valid
• Cargotec expects its 2012 sales to
grow and operating profit margin to
improve compared to 2011.
19 Mar 2012 18
Cargotec to evaluate listing of Cargotec Marine on
the Singapore Exchange to secure further growth
• Potential listing would strengthen Cargotec Marine’s business
presence in Asia and secure profitable growth.
• Already today more than 70 percent of Cargotec Marine’s sales are
generated in Asia-Pacific.
• A strong presence in Singapore could open new business
opportunities especially in offshore.
• It is currently envisaged that Cargotec Corporation would own the
majority of Cargotec Marine, which would remain consolidated to
Cargotec Corporation following the possible listing.
• The Board of Directors expects the evaluation be completed by the
end of the third quarter 2012.
19 Mar 2012 19
