Corporate Presentation 2015

Transcription

1 Corporate Presentation 2015

2 Disclaimer This Confidential Presentation (the Presentation ) has been prepared by Grupo Antolin-Irausa, S.A. (the Group ) for information purposes only. The distribution and use by recipients of the information contained herein and any other information provided to the recipient by or on behalf of the Group or its representatives is strictly confidential and the recipients bind themselves to strictly limit within their respective organization the circulation, copying and disclosure of the information contained in the Presentation. Except with the expressed consent of the Group, you may not use, distribute, sell, modify, revise, republish, post or create derivative works (where applicable) of the trademarks, logos, information or other material or content in this Presentation. The Group has prepared this Presentation with due care based on available information; however, it does not accept any liability whatsoever for the contents or interpretation of the information provided herein. The Group makes no representation or any other form of assurance as to the accuracy or completeness of the information in this document GRUPO ANTOLIN-Irausa, S.A. All rights reserved 2

3 Index 1. History 2. Products 3. Financial Strength 4. International Presence 5. Innovation 6. People 7. CSR

4 1. History

5 Answers to a constantly changing world Financial Global Talent Innovation Products Strength Presence More than 27,900 individuals drive us direct to success 2014 Proforma annual sales of 4,062 million euros More than 160 production plants and centers Just in Time across 26 countries We innovate today to obtain a sustainable future for the automobile Overheads Doors Seating Lighting Cockpits & Interior Trim 5

6 One of the largest global car interior suppliers Grupo Antolin is a family owned company fully committed with innovation and high quality 50 s Rubber-metal steering joint. 80 s Holding Grupo Antolin. Internationalization s Evolution from single components to modular products. Continuous Growth Antolín Family becomes sole shareholder Generational change. Acquisition of Magna Interiors. 60 s / 70 s 90 s First self-supporting roof linings. New factory ARA: first interiors components. Product diversification. Strategy focus on vehicle interiors. Constant innovation policy. New corporate headquarters to develop R&D activities. More than 50 years of industrial tradition 2011 Acquisition of CML Inaugural Bond Issue. Commitment to the future Innovation to guarantee leadership. High value added products. 6

7 2. Products

8 Our Products 5 Strategic Business Units Overhead System Door Function Seat Function Lighting Cockpits & Interior Trim Modular headliner Carrier solutions Complete seats Complete solutions Cockpits Substrate Door panels Frames Interior: Instrument panels Sunvisors Window regulators Covers Functional Soft Trim Lighted headliner Central console Mechanisms Mood lighting Panoramic systems Exterior Number 1 Worldwide Multi-Technological High Functional Innovation Comes to We improve life on Offer Integration Light board 8

9 Overheads Global Leader We are the largest worldwide supplier of headliner substrates. We have a large market share, which means that 1 of every 4 cars in the world sports one of our headliners. The Overhead System (modular headliner, substrate, sunvisors, lighted headliner, panoramic systems) is a business line that represents 34% of all the Group's sales. We provide our clients with global solutions and local support in order to satisfy our client's needs as regards sustainability, weight reduction, customization, improved safety, design and comfort. Our multi-technological offer and a complete network of production plants and Just In Time centers allow us to pursue any level of integration anywhere in the world. Modular Headliner Sustrate Sunvisors Lighted headliner Panoramic Systems 9

10 Doors Global supplier of a wide range of specialized plastic parts and mechanisms In recent years, the door function has led our company's expansion, currently representing 30% of total sales. Our leadership in this product segment is based on multitechnology, maximum integration, global implementation and flexibility for handling a wide range of versions. The door is an essential design component in which multiple features converge. It has transformed into a carrier of diverse components: electric and electronic devices, lighting, padding, and acoustic features which provide safety and comfort. At Grupo Antolin, we are experts on door trims and mechanisms, a technological synergy that allows us to offer a broad scope of modular solutions. We develop, manufacture and sequence door panels that integrate innovative product-process technologies and materials seeking to reduce weight. Carrier solutions Door Panels Window Regulators Central console 10

11 Seating Focused on high added value products We are technological leaders in the development and manufacturing of complete, light and articulated seats that can include a built-in, three-point safety belt. Likewise, we supply foldable and/or removable seats that offer outstanding performance and provide flexibility in the layout of a vehicle's interior. Our technological expertise in removable and/or storable seats allows us to widen our client diversification and expand our market. Furthermore, we are integrated within our clients' supply chain through sequencing centers in proximity to their assembly plants, thereby optimizing the management of diversity. Grupo Antolin is committed to technological excellence and high competitive costs in this key part of passenger confort. Complete Seats Frames Covers Mechanisms 11

12 Lighting Leading European group for lighting components With the acquisition of CML Innovative Technologies, Grupo Antolin consolidated its position as leader in the overhead function and allowed the company to obtain a place in a market with great expectations through the integration of the advanced technology of CML. This purchase has leaded Grupo Antolin to increase the added value and functionality of several of our traditional products (headliners, door panels and seats) and this will have a positive effect in helping them to grow beyond their current production levels, contributing to the pursuit of new projects Complete Solutions Consoles Mood lighting Exterior lighting 12

13 Cockpits & Interior Trim Global supplier of cockpit modules, instrument panels and soft trim We deliver cockpit modules and instrument panels with high perceived quality based on our expertise in design, comfort, convenience, craftsmanship, and safety. For a highly integrated cockpit module, Grupo Antolin offers full responsibility for design, development and sourcing, including Electric & Electronics components. Our innovations are focus on flexibility, costefficiency and weight reduction solutions. We present a global portfolio of premium Door Trim technologies to differentiate vehicles and maximize customer value. Innovative solutions improve functionality, comfort, and aesthetics, to fulfil the OEMs concept of the visual and haptic experience. Our expertise in decorative surface design parts allows us to customize our products and make them unique. Our deep knowledge in acoustics and textile surface materials and world class soft trim products, make passengers feel at home. Trunk trim, floor carpets, package trays, load floors and decorated pillar trims complete our product portfolio. Cockpit Modules Instrument panels Surface Design Parts Soft trim 13

14 3. Financial Strength

15 Revenues Consolidated sales mill ( ) 5,000 4,000 3,000 4,062 2,000 1,000 1,248 1,637 1,876 2,087 2,128 2,085 0, * 2014* * 2013 restated according IFRS 10 and 11 (mandatory application 1 January 2014) * 2014 Proforma Grupo Antolin and Magna Interiors 15

16 Capex Focused investment plan oriented towards value added products mill ( ) * 2014 * 2013 restated according IFRS 10 and 11 (mandatory application 1 January 2014) * 2014 Proforma Adjusted Capex 16

17 Highly diversified business model Geography Africa 1% Africa 1% NAFTA 30% Rest of Europe 41% NAFTA 34% Mercosur 3% Asia-Pacific 7% Spain 18% Mercosur 2% Asia-Pacific 7% Europe 56% PF with Magna Interiors 17

18 Highly diversified business model Clients General Motors 3% Hyundai Kia 4% Daimler 5% Others 7% BMW Group 3% Tata Group 3% Ford Motor Co 19% PSA Peugeot Citroën Daimler 6% 8% General Motors 8% Renault-Nissan 9% Tata Group 5% Hyundai Kia 2% Toyota 1% Volkswagen Group 16% PSA Peugeot Citroën 11% Volkswagen Group 18% BMW Group 10% Fiat-Chrysler 13% Fiat-Chrysler 12% Renault-Nissan 15% Others 11% Ford Motor Co 11% PF with Magna Interiors 18

19 Highly diversified business model Products Seating 9% Lighting 8% Cockpits & Interior Trim 27% Overheads 54% Lighting 4% Seating 5% Overheads 34% Doors 31% Doors 30% PF with Magna Interios 19

20 4. International Presence

21 We are where the cars are manufactured 161 facilities and 25 Technical Commercial Offices We are the providers for 1 of every 4 cars manufactured worldwide 26 Countries Spain Argentina Austria Brazil Canada China Czech Republic France Germany Hungary India Italy Japan Mexico Morocco Poland Portugal Romania Russia Slovakia South Africa South Korea Thailand Turkey United Kingdom United States 21

22 Grupo Antolin in Europe Internationalization process started in 90s Revenues ( IN MILLIONS) 2,274 Employees: 15, Factories: Market leader GA is equipping 65% of vehicles produced in Europe 22

23 Grupo Antolin in Spain Committed to our origins Revenues ( IN MILLIONS) Vigo Vitoria Pamplona 400 Employees: Valladolid Burgos Martorell Barcelona 2,546 Madrid Factories: Almussafes 17 Solid industrial role GA equips 98% of vehicles produced in Spain 23

24 Grupo Antolin in NAFTA Present in USA since 1994 Revenues ( IN MILLIONS) 1,381 Employees: 7, Factories: Solid presence GA equips 41% of vehicles produced in NAFTA 24

25 Grupo Antolin in Mercosur Operating in Brazil since Revenues ( IN MILLIONS) Employees: Factories: OEM s South America GA is equipping 56% of vehicles produced in Mercosur 25

26 Grupo Antolin in Africa-Asia-Pacific Operating in India since Revenues ( IN MILLIONS) Employees: 4, Factories: Significant expansion GA is equipping 18% of vehicles produced in AAP 26

27 International presence EUROPE NAFTA MERCOSUR ASIA-PACIFIC AFRICA SPAIN Burgos Burgos Almussafes Barcelona Burgos Madrid Martorell Pamplona Porriño Sollana Valladolid Vigo Vitoria ALEMANIA Bad Dürkheim Bamberg Cologne Stuttgart Weyhausen Wolnzach Bad Dürkheim Bamberg Cologne Emden Massen Munich Rastatt Regensburg Regenstauf Roitzsch Saarlouis Sachsen Sailauf Straubing Wolfsburg AUSTRIA Ebergassing Steyr SLOVAKIA Bratislava Trnava Zilina FRANCE Besançon Guyancourt Roche La Molière Rupt-Sur-Moselle Besançon Cambrai Henin Beaumont Jarny Sandouville Roche La Molière Rupt-Sur-Moselle HUNGARY Esztergom Kecskemet ITALY Turin Turin Benevento POLAND Poznan Wroclaw PORTUGAL Palmela Valença Vila Nova de Cerveira UNITED KING. Bury St Edmuns Leamington Spa Barton Bury St Edmuns Droitwich Hartlip Leamington Spa Oxford Redditch Solihull Sunderland Warwick CZECH REP. Chrastava Chrastava Hranice Libáň Liberec Mlada Boleslav Nošovice Ostrava Příšovice Rychnov Turnov Valašské Meziříčí ROMANIA Sibiu RUSSIA Naberezhnye Nizhni Nóvgorod San Petersburgo TURKEY Bursa Bursa Gölcük Başiskele CANADA Brampton Oshawa USA. Auburn Hills Belvidere Benzonia Cottondale Hopkinsville Howell Kansas City Louisville Marlette Nashville Spartanburg St. Clair Warren Wayne MEXICO Silao El Derramadero Hermosillo Puebla Saltillo Saltillo Silao Tlaxcala Toluca ARGENTINA Buenos Aires BRAZIL Caçapava Caçapava Curitiba Salvador de Bahía São Bernardo Taubaté CHINA Shanghai Guangzhou Beijing Changchun Changshu Changshu Chengdu Chongqing Dalian Dongguan Foshan Gongzhuling Guangzhou Hangzhou Kunshan Nanchang Nanjing Ningbo Shanghai Shenyang Wuhan Wuhu Xiangyang Yangzhou Zhengzhou SOUTH KOREA Seoul Ansan Pusan INDIA Pune Chennai Gurgaon Pune Pune Sanand JAPAN Tokyo THAILAND Bangkok Rayong MOROCCO Tangier Tangier SOUTH AFRICA Uitenhage Durban Rosslyn Uitenhage Technical-Commercial Offices Production / Assembly Sequencing Magna Interiors Centers 27

28 5. Innovation

29 Innovative solutions Materials & Processes Industrial flexibility Smart Interiors Focused mainly on weight reduction to minimize CO 2 emissions and the use of green materials (recyclable/recycled) Innovative processes to produce different functions. Adapting to meet evolving market demands with minimum investment Supporting our customers brand strategy is key to end user experience and perceived quality based on customization

30 Research, Development and Innovation Total effort in R&D&i Number of engineers % sales % 2.6% 2.6% 2.7% 2.8% 3.1% Row Spain * * 2013 restated according IFRS 10 and 11 (mandatory application 1 January 2014) Grupo Antolin filled over 1,670 patent applications related to 455 technical processes 30

31 Global full service supplier to OEMs Engineering and technological centers Global solutions adapted to our clients Taking account the whole project life cycle Covering any time-slot 24 Design & Simulation centers 31

32 6. People

33 Diversity 27,953 Employees 29 Native languages 37.9 Average age Nacionalidades Nationalities 35, Porcentaje de mujeres Percentage of women 33

34 Workforce increasing Aggregate average workforce 30,000 27,953 South America 3% Africa 3% Spain 9% 25,000 20,000 12,693 Asia-Pacific 14% 15,000 10,000 5,000 11,788 12,649 14,374 14,833 15,260 North America 26% Rest of Europe 45% 0, * * 2014 Aggregate workforce with Magna 34

35 7. CSR

36 CSR action principles 36

37 CSR in figures rd % 5 Grupo Antolin became Global Compact network partner year in a row graded Advance level in Progress report Global Compact launch of the Grupo Antolin Ethical Management Code acceptance of Ethics & Conduct Code years collaborating with clients on CSR issues 2.87% 100% 11% 35% satisfaction index (over 4) in the Employee Climate Survey near 90% participation chain of supply qualified with responsible criteria/guideline worldwide reduction of work-related accidents frequency index in 2014 of dangerous waste reduction in 2014 Green Program: campaign to minimize the environmental impact of the products and processes 37

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