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