analyst & investor site visit/media/files/h/halma-plc-v2/... · 9/17/2015 · protecting...
TRANSCRIPT
Analyst & Investor Site Visit
Crowcon Detection Instruments 17 September, 2015
11.00 Introduction Andrew Williams, CEO
11.15 Process Safety sector review Philippe Felten, SCE
11.45 Break
12.15 Introduction to Crowcon Detection Instruments Mike Ophield, MD
12.45 Lunch
1.45 Tour of Crowcon facility Crowcon team
2.45 Break
3.00 Final Q&A / round-up Andrew Williams, CEO
3.45 Close
Agenda
Strategy
Financial Model
Agile organisation
Niche products, strong positions
Diverse portfolio
Long-term market growth
drivers
Investment Priorities
Innovation
Talent
International Expansion
Acquisitions
Process
Safety
Medical Environmental
& Analysis
46%
Revenue £ Profit* £
Infrastructure
Safety
Medical
Infrastructure
Safety
• Profit before amortisation of acquired intangible assets, acquisition items and profit or loss on disposal of operations
Environmental
& Analysis
Process
Safety
Sectors 2014/15
726m 154m
46%
Revenue £ Profit* £
22%
• Profit before amortisation of acquired intangible assets, acquisition items and profit or loss on disposal of operations
27%
Sectors 2014/15
726m 154m
Process
Safety
Medical Environmental
& Analysis
Infrastructure
Safety Process
Safety
Medical Environmental
& Analysis
Infrastructure
Safety
0
50
100
150
200
2011 2012 2013 2014 2015
0
10
20
30
40
50
2011 2012 2013 2014 2015
159
45
£m £m
Process Safety: Strong growth, high returns
Core companies Disposed since FY11 Acquired since FY11
Revenue Profit
Philippe Felten Sector Chief Executive
Mike Dakin Sector Vice President
PROCESS SAFETY SECTOR
Protecting people and assets at work Process Safety Sector
per 2014/15 Final Results
PROCESS SAFETY SECTOR
Video introducing the Halma Process Safety Sector – Click Here.
Health, safety and environmental regulations
Population growth rising energy demand
Upgrade, maintenance and service
Global approvals
Market characteristics PROCESS SAFETY SECTOR
Pipeline Management
Gas Detection
Pressure Relief
Safety Interlocks
What we make PROCESS SAFETY SECTOR
Revenue PROCESS SAFETY SECTOR
Gas Detection 23% Safety
Interlocks 26% Pressure Relief
22% Pipeline Management
29%
Expanding opportunities PROCESS SAFETY SECTOR
Evolution
20152012200920062003200019971994199119881985198219791976
Revenue £160m
£0m
*growth averaged 1976-2000
PROCESS SAFETY SECTOR
Management PROCESS SAFETY SECTOR
Group CEO
Sector FD Sector CEO
Sector VP Sector VP
Acquisition Executive
Worldwide PROCESS SAFETY SECTOR
Gas Detection Safety Interlocks
Pressure Relief Pipeline Management
Revenue PROCESS SAFETY SECTOR
UK 18% USA 25% EU 22%
APAC 17% ROW 18%
Diversification
Gas Detection
Safety Interlocks
Pipeline Management
Pressure Relief
Energy Utilities Buildings Chemical process Pharmaceuticals Food & beverage Railways Logistics
Historical markets Diversification markets
PROCESS SAFETY SECTOR
70%
30%
Growth strategy Geographic expansion
Localised products
New products
Acquisitions
PROCESS SAFETY SECTOR
Acquisition focus Gas Detection
Machine Guarding
Electrical Safety
Test Equipment
Explosion Protection
PROCESS SAFETY SECTOR
Process Safety Sector –
Positioned as a key player in its market
A model for all of our Process Safety companies