press conference on the business development of the mahle group ... - mahle aftermarket ·...

© MAHLE

Press conference on the business development of the MAHLE Group for the business year 2015

April 22, 2016

MAHLE GmbH, Press conference on the business year 2015, April 22, 2016

Press conference 2016

Business development of the MAHLE Group in 2015Sales development [in million EUR]

© MAHLE

6,002 6,1596,941

9,942

11,486

0,000

2,000

4,000

6,000

8,000

10,000

12,000

2011 2012 2013 2014 2015

+16%

+43%

+13%+3%

2



© MAHLE

Thermoelectric heat pump

Advantages

Cooling and heating with one component

Independent and simple: No connection to the air conditioning circuit necessary

3



© MAHLE

Scooter with MAHLE electric drives

“Urbanization is a global megatrend, which is generating many new mobility concepts. So it is only a matter of time before the demand for electric scooters and related vehicles will rise considerably.”

Jonathan DörflingerBusiness development and product managementin the Mechatronics division at MAHLE

4



© MAHLE

Integrated Charge Air Subcooling (iCAS)

“iCAS provides more driving pleasure and reduced fuel consumption!”

Dr. Marco WarthCorporate Research and Advanced Engineering

5



© MAHLE

MAHLE expands cooperation with Scuderia Ferrari

“We consider MAHLE an important partner in the ongoing development of our powertrains. We appreciate not only their high level of technological expertise, but also their exceptional reliability.”

James AllisonTechnical Director at Scuderia Ferrari

6



© MAHLE

MAHLE delivers its millionth steel piston for passenger car diesel engines from its Rottweil plant

The MAHLE MONOTHERM steel piston is a high-tech solution that helps to further reduce both fuel consumption and emissions.

High-performance diesel engines are now among the most successful units in endurance races such as the 24 Hours of Le Mans.

7



© MAHLE

Market change in China

“MAHLE has already becomesomewhat Chinese.”

Li MaoGeneral Manager MAHLE Filtration Systems and Engine Peripherals China

8


Sales 2015 by business units[in million EUR]


© MAHLE

Sales 2015: EUR 11,486 million

2,698

2,196

3,761

835

1,996Engine Systems andComponents

Filtration and Engine Peripherals

Thermal Management

Aftermarket

Further business activities(Mechatronics division & profit centers)

9


9,942 +625

+720 +198 11,486

2,000

4,000

6,000

8,000

10,000

12,000

14,000

Changes to the consolidationgroup without

currency exchange rate

effect

Currency exchangerate effect


© MAHLE

Sales: Impact on currency exchange translation effect in euro and first consolidation [in million EUR]

2014

≈

+1,544(+16%)

Organic growth

2015

10



© MAHLE

Development of the automotive industry in 2015Production of passenger cars and light commercial vehicles [in million]

24.0

45.1

3.0

17.5

20.9

88.5

thereof China

Asia/Pacific

South America

North America

Europe

World*

+1.6%

+3.8%

Actual 2015 +1.4%

+2.7%

–20.6%

+4.4%

Source: MAHLE vehicle forecast 02/2016 * Global market including Middle East & Africa

11


Sales 2015 by region[in %]


© MAHLE

Sales 2015: EUR 11,486 million

51%

25%

5%

18%

1%

Europe

North America

South America

Asia/Pacific

Africa <

12


2014 2015Difference2014/2015

in %

Europe 31,431 35,014 +11.4

Thereof Germany 14,179 14,233 +0.4

North America 10,534 15,286 +45.1

South America 9,926 9,644 -2.8

Asia/Pacific 13,454 14,776 +9.8

Africa 889 915 +2.9

Total 66,234 75,635 +14.2


© MAHLE

Development of headcounts by regions [as at Dec. 31]

13


2014 2015 2014 2015million EUR % million EUR % million EUR % million EUR %

Assets Equity and liabilitiesIntangible assets 505.0 7.5 771.4 9.8 Equity 2,554.8 37.8 2,667.3 34.0

Property, plant, and equipment 2,446.2 36.2 2,888.4 36.8 Badwill - - 1.9 0.0

Financial assets 170.5 2.5 152.3 1.9 Pension accruals 503.2 7.4 544.0 6.9

Fixed assets 3,121.6 46.2 3.812.2 48.6 Other accruals 1,168.2 17.3 1,412.9 18.0

Inventories 1,097.4 16.2 1,242.3 15.8 Liabilities to banks 898.2 13.3 887.3 11.3

Receivables and other assets 1,785.4 26.4 2,239.6 28.5 Bonds 329.0 4.9 829.0 10.6

Securities and liquid assets 527.0 7.8 310.0 4.0 Trade payables 888.0 13.1 1,096.5 14.0

Current assets 3,409.9 50.5 3,791.9 48.3 Other liabilities 417.0 6.2 410.0 5.2

Other assets 226.9 3.4 244.7 3.1

Balance sheet total 6,758.4 100.0 7,848.8 100.0 Balance sheet total 6,758.4 100.0 7,848.8 100.0


Financial statementsBalance sheet

© MAHLE14



Business development of the MAHLE Group in 2015Capital expenditure on tangible fixed assets (without first consolidation)[in million EUR]

© MAHLE

488

564

2014 2015

47 %

25 %

7 %

21 %

>1 %

Europe

North America

South America

Asia/Pacific

Africa

+76(+16%)

15



© MAHLE

Safeguarding employment creates safety and stability

Key elements of the job security agreement Safeguarding employment

Compulsory redundancies have been excluded until the end of 2019 for all 30 German MAHLE locations with approximately 14,000 employees overall.

Flexibility & competitivenessIf necessary, tools can be used to respond more flexibly to market fluctuations, thereby improving our competitiveness.

DemographyThe majority of our trainees and students in cooperative studies are taken on for an unlimited period. This gives us the opportunity of meeting the requirement for qualified specialists in the future.

17



© MAHLE

Networks for new ideas

6,000 development engineers

15 major development locations

EUR 657 million invested in research and development

5,7 percent research and development ratio

18



© MAHLE

Developing new technologies with a spirit of entrepreneurship

FUNDINVESTMENTS

STIMULATE INNOVATIONS

START-UPINVESTMENTS

MAHLE VENTURE CAPITAL

VISIBILITY &NETWORKING

19



© MAHLE

Mechatronics launched as a new division

Mechatronics is an important example of how MAHLE is positioned to address market changes affecting the powertrain. 11 production locations 2 development locations > 3.000 employees > EUR 350-400 million sales (forecast 2016)

20



© MAHLE

Development of the automotive industry 2015/2016 – Production of pass. cars and light comm. vehicles in comparison with the previous year [in millions]

24.0

45.1

3.0

17.5

20.9

88.5

24.8

46.2

2.8

17.9

21.3

90.4

thereof China

Asia/Pacific

South America

North America

Europe

World*

+1.6%

+2.1%

+3.8%

Forecast 2016Actual 2015

+1.8%

+1.4%

+2.7%+2.5%

-20.6%

-7.6%

+2.4%

+4.4%

+3.5%


21



© MAHLE

Development of the automotive industry 2015/2016 – Production of trucks and buses (>6 t) in comparison with the previous year [in thousands]

910

1,809

112

562

589

3,073

929

1,825

111

479

599

3,015

thereof China

Asia/Pacific

South America

North America

Europe

World*

-10.3%

-1.9%

+3.5%

Forecast 2016Actual 2015

+1.7%

-7.2%

+6.3%-14.8%

-41.4%

-1.0%

+0.8%

-21.8%+2.0%


22



Outlook sales development 2016[in million EUR]

© MAHLE

6,002 6,1596,941

9,942

11,486 >12,000

,000

2,000

4,000

6,000

8,000

10,000

12,000

14,000

2011 2012 2013 2014 2015 2016(Forecast)

+3%+13%

+43%

+16%+4-5%

23

press conference on the business development of the mahle group ... - mahle aftermarket ·...

Documents