bilfinger the international engineering and services group...outsourcing solution for the...
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Bilfinger
The international engineering and services group
February 11, 2014
Bilfinger corporate presentation
page 3
Bilfinger combines the qualities of its employees like no
other company: the ingenuity of the engineer with the
attitude, customer orientation and passion of the exacting
service provider.
Bilfinger
The best of two worlds
ENGINEERSERVICE
PROVIDER
Bilfinger corporate presentation
page 4
We want to ensure that in
future if Bilfinger is in it, it
says Bilfinger on it.
We offer our clients a diverse
and unique range of services.
All of the companies in the
group are closely networked.
Our clients can access all
services from a single source,
tailored to their individual
needs, almost everywhere in
the world.
Bilfinger
A strong group
Did you know that all
these companies are
also part of Bilfinger?
You've heard of
HSG Zander,
Tebodin,
Steinmüller,
Babcock Borsig
and Wolfferts?
Bilfinger corporate presentation
page 5
Bilfinger
At work around the world for our clients
39% Germany
42% Europe outside Germany
11% America
3% Africa
5% Asia
Output volume by region | 2013
Bilfinger corporate presentation
page 6
Bilfinger
A strong partner
We aspire to be the first choice when it comes to
solving complex tasks for clients in the industrial,
energy, real-estate and infrastructure sectors.
Driven by a 'German Engineering' attitude, we master
demanding tasks – with a tailored approach that is rich
in ideas and innovative.
As a reliable partner we deliver individual and
sustainable results with competence and experience.
Bilfinger enables its clients to focus on their core
competences.
Bilfinger corporate presentation
page 7
Our corporate responsibility to clients, employees, society and the environment is defined by the
following principles:
Bilfinger
Sustainable corporate principles
These principles are binding for the entire Bilfinger Group and anchored in the consciousness of employees
through appropriate management systems.
COMPLIANCE At Bilfinger, compliance is a key component of successful management and good corporate governance.
A Code of Conduct details the general principles of our behavior. Supplementary Group guidelines
contain concrete instructions on the issues of integrity, competition and dealing with business partners.
We create working conditions which maintain the health of our employees, and we make offers for passive
and active preventive health care.
HEALTH
We are convinced that a working without accidents is possible. Consistent compliance with safety
regulations by all employees, responsibility for each individual for him or herself and for the community
as well a sthe impact of role models are key components of our safety culture.
SAFETY
We ensure that negative impact on the environment as a result of our business activities is avoided as
much as possible. Acting in a sustainable manner in all our activities and decisions contributes to the
achievement of constant improvements in environmental protection.
ENVIRONMENT
We provide our clients with products and services in a timely manner which comply with contractually
agreed levels of quality and legal requirements as well as the value benchmarks of the society.
QUALITY
Bilfinger corporate presentation
page 8
Industry: 38,000 engineers, technicians and fitter machinists
provide services for the design, engineering, maintenance and
modernization of industrial plants.
Energy: 10,000 plant designers, engineers, materials testers,
technical employees and fitters execute maintenance,
repair, efficiency enhancements and lifetime extension works
for power plants.
Real Estate: 22,000 building and plant technicians,
administrators, facility managers and service specialists
offer their clients a comprehensive range of services in
technical, commercial and infrastructural real-estate services.
Infrastructure: 4,000 engineers, designers, draftsmen and
specialists carry out major infrastructure projects with a focus
on tunnel and bridge construction, foundation engineering and
foundations for offshore windparks.
Bilfinger
Combining our skills for your success
Bilfinger corporate presentation
page 9
Bilfinger
Combining our skills for your success
WEMAKE
ITWORK
Diverse range
of competences
74,000
Employees
Bilfinger corporate presentation
page 10
Bilfinger
Your success – Our service range
ConstructionBuildingPower SystemsIndustrial
Maintenance
Infrastructure
Industrial
Fabrication and
Installation
Engineering,
Automation and
Control
Piping Systems Facility Services
Real Estate
INDUSTRIAL POWERBUILDING AND
FACILITYCONSTRUCTION
Insulation
Scaffolding and
Painting
Oil and Gas
Support Services
Water
Technologies
Reaching our goals together
Example industry | Huntsman project
Range of services
▪ Engineering
▪ Procurement
▪ Construction management
▪ Scaffolding
▪ Insulation
▪ Corrosion protection
▪ Piping systems
page 11Bilfinger corporate presentation
Corporate units
▪ Insulation, Scaffolding and Painting
▪ Industrial Fabrication and Installation
▪ Engineering, Automation and Control
Reaching our goals together
Example power plants | Mannheim power plant project
Range of services
▪ Foundations
▪ Piping construction
▪ High-pressure piping systems
▪ Insulation
▪ Engineering for cooling water
intake
page 12Bilfinger corporate presentation
Corporate units
▪ Insulation, Scaffolding and
Painting
▪ Power Systems
▪ Piping Systems
▪ Water Technologies
▪ Construction
Reaching our goals together
Example real estate | Office building "one“, Oberhausen
Corporate units
▪ Building
▪ Facility Services
Range of services
▪ Consulting
▪ Design
▪ Construction
▪ Operation
▪ Sustainability
page 13Bilfinger corporate presentation
Industrial
Your industry – our experience
Clients
▪ Process and manufacturing
inustry in the core markets oil &
gas
▪ Refineries and petrochemicals
▪ Chemicals and agricultural
chemicals
▪ Pharmaceutical
▪ Food and beverages
▪ Energy production
▪ Steel and aluminum
References
▪ Norsk Hydro | Norway
▪ Siegfried | Switzerland
▪ E.ON Gas Storage | UK
Services
▪ Design, engineering,
maintenance and modernization
of industrial plants over their
entire lifecycle
Areas of activity
▪ Piping systems
▪ Machine and valve service
▪ Plant assembly
▪ Machinery and apparatus
engineering
▪ Electrical instrumentation
and control technology
▪ Laboratory and analysis
technology
▪ Insulation
▪ Scaffolding
▪ Corrosion protection
page 15Bilfinger corporate presentation
Divisions
▪ Industrial Maintenance
▪ Insulation, Scaffolding and
Painting
▪ Oil and Gas
▪ Industrial Fabrication and
Installation
▪ Engineering, Automation and
Control
▪ Support Services
Industrial
Facts and figures
€ million 2012 2013 Change
Output volume 3,705 3,963 7%
Orders received 3,737 4,290 15%
Order backlog 2,733 2,967 9%
EBITA adjusted 206 232 13%
EBITA margin 5.6% 5.9%
Number of employees 37,056 37,945 2%
Key figures Output volume by region | 2013
21%
Germany
59%
Europe outside Germany
17%
America
3%
Asia
page 16Bilfinger corporate presentation
Norsk Hydro aluminum plant |
Norway
▪ Outsourcing solution for
maintenance and refractory lining
▪ Order covers five locations:
Ardal, Holmestrandt, Hayanger,
Karmoy (pictured), Sunndal
Industrial
Your task – our solution
Client Norsk Hydro
Volume €55 million p.a.
Period Since 1998
page 17Bilfinger corporate presentation
Siegfried | Switzerland
▪ Outsourcing solution for the
maintenance of production facilities
and site engineering on the basis
of pharmaceutical guidelines
▪ Continuation of the chemical
defense school as part of the
outsourcing project
Industrial
Your task – our solution
page 18Bilfinger corporate presentation
Client Siegfried
Volume €50 million p.a.
Period 2010 – 2015
Industrial
Your task – our solution
E.ON Gas Storage |
United Kingdom
▪ Delivery of two gas dehydration
units
▪ Package-unit including process
engineering and design of the unit
▪ Complete engineering,
manufacturing, installation
supervision and commissioning
Client E.ON Gas
Storage
Volume €10 million
Period 2009 – 2011
page 19Bilfinger corporate presentation
Power
Your industry – our experience
Clients
▪ Energy producers
▪ Industrial companies
▪ Utilities
▪ Research facilities
Services
▪ Service and components for
power plants throughout their
entire lifecycle
Areas of activity
▪ Repair
▪ Maintenance
▪ Efficiency enhancements and
lifetime extensions for existing
power plants
▪ Manufacture and assembly
of components for power plant
construction with a focus on
boilers and high-pressure piping
systemsReferences
▪ PGE Elektrownia Belchatow |
Poland
▪ GSI Helmholtzzentrum für
Schwerionenforschung |
Germany
page 21Bilfinger corporate presentation
Divisions
▪ Power Systems
▪ Piping Systems
Power
Facts and figures
€ million 2012 2013 Change
Output volume 1,319 1,265 -5%
Orders received 1,178 1,094 -7%
Order backlog 1,311 1,176 -10%
EBITA adjusted 123 123 0%
EBITA margin 9.3% 9.8%
Number of employees 9,278 10,028 8%
Key figures Output volume by region | 2013
34%
Germany
32%
Europe outside Germany
18%
Africa
3%
America
13%
Asia
page 22Bilfinger corporate presentation
PGE, Belchatow power plant |
Poland
▪ Modernization of six power plant
blocks
▪ Renewal of the steam generators
▪ Design, manufacture and assembly
of the modernized firing systems,
pressure section and related
systems
Power
Your task – our solution
Client PGE Elektrownia
Belchatow
Volume €460 million
Period 2007 – 2011
page 23Bilfinger corporate presentation
Power
Your task – our solution
page 24Bilfinger corporate presentation
GSI Helmholtzzentrum für
Schwerionenforschung
Darmstadt | Germany
▪ Manufacturing and delivery of
113 supra-conducting SIS100
dipole magnet modules
▪ Construction of quadropole
modules
Client GSI Helmholtzzentrum für
Schwerionenforschung
Volume €20 million
Period 2012 – 2017
Building and Facility
Your industry – our experience
Clients
▪ Public and private clients of all
types, particularly professional
real estate owners
Services
A full range of real-estate related
services:
Building services: All development,
design and construction services
throughout the lifecycle of real-estate
properties
Facility services: All technical,
commercial and infrastructural
services throughout the lifecycle of
real-estate properties
Areas of activity
Building:
▪ Development, design, consulting
▪ Logistics
▪ Turnkey construction
▪ Rehabilitation
▪ Portfolio optimization, expansion,
▪ Cold storage construction
▪ Public Private Partnership
Facility Services:
▪ Asset and property management
▪ Integrated facility management
▪ Building technology
▪ Infrastructural and health care
services
▪ Water technology
References
▪ BASF | Germany
▪ IVG Immobilien | Germany
page 26Bilfinger corporate presentation
Divisions
▪ Building
▪ Facility Services
▪ Real Estate
▪ Water Technologies
Building and Facility
Facts and figures
€ million 2012 2013 Change
Output volume 2,249 2,346 4%
Orders received 2,373 2,181 -8%
Order backlog 2,147 2,304 7%
EBITA adjusted 106 116 9%
EBITA margin 4.7% 4.9%
Number of employees 15,292 22,069 44%
Key figures Output volume by region | 2013
68%
Germany
19%
Europe
outside
Germany
9%
America
3%
Asia
page 27Bilfinger corporate presentation
1%
Africa
BASF | Germany, Switzerland,
Austria and Eastern Europe
▪ Integrated technical, commercial
and infrastructural facility
management
▪ Administration and production
buildings at 47 locations in 14
countries
▪ Total floor space under manage-
ment: approximately 500,000 m²
▪ Basic services via framework
agreeement
Building and Facility
Your task – our solution
Client BASF
Volume €55 million
Period 2010 – 2015
page 28Bilfinger corporate presentation
Building and Facility
Your task – our solution
IVG Immobilien | Germany
▪ Bilfinger Real Estate manages 66
percent of IVG Immobilien‘s
German real estate portfolio
▪ Property management
▪ Center management
▪ Rental management
▪ For THE SQUAIRE at the Frankfurt
Airport (pictured) among other
properties
Client IVG Immobilien
Volume €50 million
Period 2010 – 2018
page 29Bilfinger corporate presentation
Construction
Your industry – our experience
Clients
▪ Public and private sector clients
Services
Demanding civil engineering
services in the areas of mobility
and energy
Areas of activity
▪ Tunneling
▪ Bridge construction
▪ Roads
▪ Hydraulic engineering
▪ Prestressing technology
▪ Steel construction
▪ Foundation engineering
References
▪ Dong Energy, E.ON und Masdar |
UK
▪ Underground rail line U5 |
Germany
page 31Bilfinger corporate presentation
Divisions
▪ Construction
▪ Infrastructure
Construction
Facts and figures
€ million 2012 2013 Change
Output volume 1,404 1,038 -26%
Orders received 1,099 817 -26%
Order backlog 1,224 987 -19%
EBITA adjusted 25 1 -96%
Number of employees 4,490 3,673 -18%
Key figures Output volume by region | 2013
52%
Germany
41%
Europe
outside Germany
7%
Other
regions
page 32Bilfinger corporate presentation
Construction
Your task – our solution
London Array Windpark |
United Kingdom
▪ Construction of the foundations
for 175 wind turbines and two
transformer stations
▪ 20 – 35 kilometers from the coast
▪ Monopiles up to 60 meters in
length
Client Dong Energy,
E.ON and Masdar
Volume €400 million
Period 2009 – 2012
page 33Bilfinger corporate presentation
Construction
Your task – our solution
page 34Bilfinger corporate presentation
Underground rail line U5 |
Germany
▪ Construction of a 1.6 kilometer
twin-tube tunnel and framework
construction of two rail stations in
the center of Berlin
▪ Connection from Alexanderplatz to
the Brandenburg Gate with a link to
the main station
Client Berlin's Transit Authority
Volume €160 million
(design and construction)
Period 2012 – 2018 (72 months)
Key figures for the Group
Bilfinger corporate presentation page 35
€ million 2012 2013
Output volume 8,586 8,509
Orders received 8,304 8,296
Order backlog 7,388 7,411
EBITA adjusted1,2 387 409
EBITA margin adjusted1,2 4.5% 4.8%
EBITA 432 338
Adjusted net profit from
continuing operations3 241 249
Net profit4 276 173
Number of Employees 66,830 74,386
1) Adjusted in 2013 for one-time expenses in connection with the efficiency enhancement program Bilfinger Excellence and burdens from the sale of
the German road construction activities as well as for earnings contributions from the sale of shares in the Nigerian business
2) Adjusted in 2012 for earnings contributions from the sale of shares in the Nigerian business (full-year 2012: €45 million before taxes and €37 million after taxes; Q4 2012: €0 million before and after taxes)
3) Adjusted for the exceptional items referred to under 1) and 2) and for the amortization of intangible assets from acquisitions (full-year 2013:
€35 million (previous year: €35 million) after taxes; Q4 2013: €9 million (previous year: €11 million) after taxes)
4) Includes continuing and discontinued operations