wacker neuson group...the wacker neuson group at a glance 5 > 150 sales and service stations...

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Company presentation Date 03/2020 Wacker Neuson Group

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Company presentation

Date 03/2020

Wacker Neuson Group

Overview

2

The Wacker Neuson Group 01

The business model 02

An outlook 03

The Wacker Neuson Group

3

Managing and supervisory board

4

Executive Board and responsibilities

Supervisory board

Hans Neunteufel (chairman)

Prof. Dr. Matthias Schüppen

Ralph Wacker

Kurt Helletzgruber

Elvis Schwarzmair (employee representative)

Christian Kekelj (employee representative)

Martin Lehner (CEO)

Production, technology, quality, procurement, HR,

strategy/M&A, legal matters, compliance, investor

relations, corporate communication, sustainability

Wilfried Trepels (CFO)

Finance, controlling, audit, IT & organization,

supply chain, real estate

Alexander Greschner (CSO)

Sales, service, marketing

The Wacker Neuson Group at a glance

5

> 150 sales and

service stations

Group

headquarters:

Munich, Germany

7 production and

development

locations

> 50 affiliates

worldwide

> 300 product

groups

~ 250 registered

designs and patents

> 6,000 employees Listed since 2007

€ 1.9 billion in

turnover in 2019

Founded: 1848

Global presence

6

SALES

China (Pinghu)

Singapore (Singapore)

India (Bangalore)

LOGISTICS

China (Pinghu)

PRODUCTION

China (Pinghu)

ASSOCIATED COMPANIES

Japan (Tokyo)

SALES

South Africa (Johannesburg)SALES

Australia (Melbourne)

SALES

Norway (Oslo)

Sweden (Malmö)

Denmark (Karlslunde)

Germany (Munich)

United Kingdom (Stafford)

Netherlands (Amersfoort)

Belgium (Asse-Mollem)

France (Paris)

Poland (Warsaw)

Russia (Moscow)

Spain (Madrid)

Switzerland (Zurich)

Italy (Bologna)

Czech Republic (Prague)

Austria (Vienna)

Slovakia (Bratislava)

Hungary (Budapest)

Turkey (Istanbul)

LOGISTICS

Germany (Nuremberg,

Karsfeld)

PRODUCTION

Germany (Reichertshofen,

Korbach, Pfullendorf)

Austria (Hörsching)

Serbia (Kragujevac)

EU

RO

PE

AS

IA

AF

RIC

A

AU

ST

RA

LIA

SALES

Canada (Toronto)

US (Menomonee Falls)

LOGISTICS

US (Germantown)

PRODUCTION

US (Menomonee Falls)

SALES

Mexico (Mexico City)

Peru (Lima)

Brazil (São Paulo)

Chile (Santiago de Chile)

NO

RT

H A

ME

RIC

A

SO

UT

H

AM

ER

ICA

VA

E

ASSOCIATED

COMPANIES

United Arab

Emirates (Dubai)

Production locations

7

NO

RT

H A

ME

RIC

A

EU

RO

PE

AS

IA

R&D, production

Articulated

Hoftracs

Wheel loaders

Telescopic wheel loaders

All-wheel steered

Telehandlers

KORBACH (GER)

R&D, production

All-wheel steered wheel

loaders

Telescopic wheel loaders

Telehandlers

PFULLENDORF (GER)

R&D, production, academy

Internal vibrators, external

vibrators, frequency

converters

Vibratory rammers, vibratory

plates, rollers

Demolition breakers

REICHERTSHOFEN (GER)

Production

Steel components

KRAGUJEVAC (SRB)

R&D, production

Generators, pumps,

heaters, lighting

Rollers, trench rollers

Skid steer loaders,

compact track loaders

MENOMONEE FALLS (USA)

Production

Excavators

Floor saws

Vibratory plates

M-series products

PINGHU (CHN)

R&D, production

Tracked and wheeled

excavators

Track and wheel dumpers

HÖRSCHING (AUT)

Turnover and profitability

8

(in m€)

Turnover and margin development 2015 - 2019

(in %)

1,375 1,361

1,534

1,710

1,901

7.4%6.5%

8.6%9.5%

8.1%

0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

20%

0

500

1000

1500

2000

2015 2016 2017 2018 2019

Revenue EBIT margin

+11.2%

+8.4% CAGR

Distribution of turnover by region 2019

In % (previous year)

25.3 Construction equipment (26.4)

54.8 Compact machines (53.3)

19.9 Services (20.3)

72.5 Europe (73.0)

24.2 Americas (23.5)

3.3 Asia-Pacific (3.5)

Distribution of turnover by business units 2019

In % (previous year)

Strategy 2022

9

Mission – What do we stand for

Everything we do, think and learn is inspired by the success of our customers in the construction and

agricultural sectors. We stay close to our customers around the world so we are always getting quicker and

better at understanding their regional needs, challenges and worksite processes.

As a specialist for light and compact equipment, we proactively offer innovative solutions, products and

services that strengthen our customers’ business success in the long term.

Corporate values and strengths – What we build on

CORPORATE

VALUES

STRENGTHS

Expertise Passion Entrepreneurship Agility

Talented

employees

Established

brands

Innovative

products

Diversified

sales

Solid financial

position

Strategy 2022

10

Strategy – What drives us forward

We are the most innovative trendsetter in the industry,

growing twice as fast as the market.

We are the partner of choice for our customers. Our core

strengths lie in closer customer ties, customer-centric

product development, digitalization and product/service

networking.

We maintain a corporate culture that values and

respects individual effort and we channel our efforts into

gaining a leading position in all areas.

Vision 2022 – Where we are headed

Top 3with core products

2 timesMarket growth

>€ 2 bnrevenue

> 11%EBIT margin

≤ 30%NWC

History – company development

11

1848

The Wacker

blacksmith's shop

is founded

1925

Kramer is founded

The world’s first

electric rammer

launches

1937

The first internal

vibrator

The production site

at Menomonee

Falls, USA, opens

1960

The company

Maschinenfabrik

Weidemann is

founded

The production

plant in

Reichertshofen,

Germany, opens

1972

The first articulated

agricultural loader

The first reversible

vibratory plate

1981

Neuson Hydraulik

GmbH is founded

in Linz, Austria

The first hydraulic

mini-excavator

1987

The first all-wheel-

drive wheel loader

1930 1957 1964 1973 1984

History – company development

12

1988

Development of the

VDS (Vertical

Digging System)

1991

The first articulated

vibratory trench

roller

Baumaschinen

GmbH and Kramer

Werke GmbH

merge

2005

Weidemann GmbH

becomes part of

the group of

companies

Merger of Neuson

Kramer

Baumaschinen AG

and Wacker

Construction

Equipment AG

2010

The first compact

telescopic handler

The world’s

strongest vibratory

plate, the DPU130r,

launches

2011

Opening of the

headquarters in

Munich, Germany

2000 2007 2010

The first battery

rammer

2018

The production

plant in Pinghu,

China, opens

The Dual View

dumpers are

launched

2020

The first all-electric

zero tail mini-

excavator EZ17e

2015 2019

The business model

15

Our brands and target groups

16

Construction industry, gardening and landscaping,

municipalities, recycling, railway construction, etc.

Agriculture, horse rearing,

municipalities, tree nurseries, etc.

Three, two, one

17

This formula sums up what the Wacker Neuson Group stands for and where its strengths lie. With

its three brands, it focuses on two industries and pursues one overarching aim.

3 brands Wacker Neuson, Kramer and Weidemann

2 industries The construction industry and agriculture

1 aim Generate added value for the customer.

18

Light towersVibratory platesWheel loaders

Dumpers

Demolition breakersExcavators

Pumps

Heaters

Telehandlers

Rebar tiers

Internal vibrators

Generators

Attachments

Aligned with the customer process in the construction industryinnovative and high quality solutions for every work step

External vibratorsVibratory rammers

Rollers

Saws

Frequency converters

19

Aligned with the customer process in agricultureinnovative and high quality solutions to problems for every work step

Material transport Stable work Material loading Trailer operation Maintenance

Mucking out Cleaning Emission-free work Bale handling Riding arena care Winter service

Estate maintenance

Wide range of products and services

20

Construction equipment

1 The range of services rendered varies

depending on the market and brand.

AcademyUsed machines

Repair &

maintenance

Financial solutions

Rental

E-store

EquipCare

Spare parts

Compact machines Services1

ExcavatorsConcrete technology Compaction

Demolition Pumps

Dumpers

Telehandlers Wheel loaders

Skid steer loaders

Backhoe loaders

Generators &

lighting

Heaters

Selected innovations

21

180° rotatable operator’s seat provides optimum

visibility when transporting, loading and dumping

The optional cabin with front guard offers the

best-possible protection and safety

Dual View

Shorter digging times through exact vertical digging

Usual upright sitting position

Improved productivity and efficiency

Fatigue-free working

Vertical Digging System (VDS)

zero emission – more than just electric

22

15 zero emission machines in the product range

The green “e” of the zero emission series doesn't just stand for the drive, but also for a

completely emission-free working principle.

Ideal in sensitive areas, such as indoors or in inner city construction sites with emissions

restrictions

Comprehensive end user and environmental protection from working without exhaust fumes

and noise

The machines are united by one promise: no compromises when it comes to performance.

“e” as in easy, electric, emission-free

zero emission – broad product offer

23

1 rechargeable battery - 7 devices

ACBe AS60e AP1840e AP1850eAS50e AP2560e

EZ17e eHoftrac DT10eWL20e 5055e DW15e

AS30e

KL25.5e803 dual power

zero emission – diverse application areas

24

On the construction site

Wacker Neuson AP2560e Wacker Neuson ACBe Wacker Neuson 803 dual power and AS50e

zero emission – diverse application areas

25

Indoors

Wacker Neuson EZ17e Kramer 5055e Weidemann 1160 eHoftrac

zero emission – diverse application areas

26

In noise-sensitive areas

Wacker Neuson DW15e Kramer KL25.5e Weidemann 1160 eHoftrac

Society

Social responsibility

Responsible handling with our

colleagues

Social services

Disaster relief for people in need

Ecology

Active environmental protection

Environmental friendly products and

solutions for our customers

Energy and resource-efficient

processes in production, sales and

administration

Sustainability management

27

Safety

Sustainable working conditions

Operational safety according to the

highest standards

User safety and protection

Quality in all processes (ISO 9001,

ISO14001, ISO50001)

Economy

Sustainable management

Sustainable value chain

Legal compliance and anti-corruption

Reduced operating costs for customers

through energy-efficient products

Strategic alliances and partnerships

28

1 Commonwealth of Independent States. 2 Not in Japan, phasing out. 3 Kramer only “green line.”

OEM (APAC)OEM (global2)Sales (EMENA & CIS1)

Wacker Neuson produces

for Caterpillar2

Kramer3 distributes

via John Deere’s dealer network

Wacker Neuson produces

for John Deere

An outlook

29

Trends that favor the Group's business

30

Urbanization Population growth Digitization

Expansion and modernization of

infrastructure

Reconstruction (maintenance,

renovation, modernization)

Air pollution regulations

Growing middle class

Sharing economy

Rising demand for food and animal

feed

Growing residential and non-

residential construction

Mechanization

Energy efficiency

Waste management

Process automation

Internet of Things (IoT) and

telematics solutions

Construction 4.0, smart products

and solutions

Expansion of broadband networks

Building Information Modeling (BIM)

Our answers to these trends – insights

31

Electric mini-excavator EZ17e

Solution for working in emission- and noise-restricted

areas, such as indoors, inner cities or residential areas

Same efficiency output as diesel-powered mini-excavator

Intelligent use and charge management: Operation via

battery or mains connection, charging via household

socket or high-voltage power connection

Zero tail excavator for working in the tightest spaces

EquipCare

EquipCare provides transparency in fleet management

Allows networking with the machines and access to all

important information in real time

Machines report when maintenance is required, in the

event of operational faults or unexpected relocations

Minimization of downtimes, optimization of repair

processes, increase of resource use

Our answers to these trends – outlook

32

Autonomous vibratory plate Rental solution OnSite Box

Autonomously controlled vibratory plate DPU110r

equipped with compaction control

The vibratory plate is controlled by a tablet. The area to be

compacted is easily drawn in on the touchscreen using

your finger.

The compaction work is seamlessly documented, since

the vibratory plate with all steps are digitally recorded.

Mobile rental solution: easily and flexibly rent construction

machines and equipment for short periods of time

The box can be equipped with various rental machines

Payment is made according to the “pay-per-use” principle

Therefore increases the short-term availability of machines

Outlook for 2020 and goals for 2022

33

Turnover and EBIT margin 2019-2020e-2022

1,707

2019 2020e 2022

EBIT margin

6.5–8.5%

>2,0001,901

(in millions of €)

-11 to -0%

EBIT margin

8.1%

1,700 –1,900

EBIT margin

> 11%

Investments (2020e) of EUR 80 to 100 million

Contact and additional information

34

Contact

Wacker Neuson SE

Preußenstrasse 41, 80809 Munich, Germany

Tel: +49-89-35402-0

[email protected]

More information

www.wackerneusongroup.com

www.wackerneuson.com www.kramer-online.com www.weidemann.de

Disclaimer

35

Cautionary notices regarding forward-looking statements

The information contained in this document has not been independently verified and no representation or warranty

expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or

correctness of this information or opinions contained herein.

Certain statements contained in this document may be statements of future expectations and other forward looking

statements that are based on management‘s current view and assumptions and involve known and unknown risks and

uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in

such statements.

None of Wacker Neuson SE or any of its affiliates, advisors or representatives shall have any liability whatsoever (in

negligence or otherwise) for any loss howsoever arising from any use of this document or its content or otherwise arising

in connection with this document.

This document does not constitute an offer or invitation to purchase or subscribe for any securities and neither it nor any

part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever.