Post on 18-Dec-2021
transcript
2015 INVESTOR DAY
STANLEY ENGINEERED FASTENING
JoAnna Sohovich President, Stanley Engineered Fastening
2015 INVESTOR DAY
STANLEY Engineered Fastening Business Overview
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Value Proposition
Business Model $1.6B
Revenue ~18%
Operating Margin
35%
30%
35%
Americas Europe Asia
Geographic
55% 28%
14%
3%
Auto Ind Electronics Other
End Market
OPTIMIZATION
Conversion Of Existing Assembly Technology To Alternatives That
Improve Production Efficiency
INNOVATION
The Development Of New Assembly Technologies That Enable The
Introduction Of High Strength, Lightweight Materials
CUSTOMIZATION
Application Specific Development That Assesses And Replaces
Assembly Technology In Under Performing Areas To Improve
Production Flow And Warranty Performance
Providing OEMs And Their Partners With Innovative, High Quality,
Value-driven Assembly Technology That Results In Improved
Productivity On A Global Basis
2014 Financials
Revenue Mix
2015 INVESTOR DAY
+19%
$ Content Per Light Vehicle
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Three Year Scorecard
+$0.7B Total +7% Avg. Organic
Revenue Growth
+125 BPS +24% CAGR
Operating Margin
+3%
Avg. Organic Industrial
8.9 +56%
Working Capital Turns
+10%
Avg. Organic Auto
2015 INVESTOR DAY 4
Market Size And Competitive Landscape
28%
5%
14% 7%
46%
Global Fastener Market - $80B
Highly Attractive Diversified Markets
Automotive
Aerospace
Electronics
Construction
General Industry
~$18B Value Add
Market Segments
Competition
Fasteners
Tools
Tools & Fasteners
~$5B Application
Specific
Most Extensive Portfolio Of Assembly Technology And Engineered Solutions
2015 INVESTOR DAY
STANLEY Engineered Fastening
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$1.6B
• Assembly Technology For Light Vehicle Production
• Plastic Applications That Route Wire Harnesses, Fuel And Brake Lines
• Metal Based Retention Devices That Fasten Interior Trim And Provides Electrical Grounding And Current Management
$0.9B Automotive
• Broad Assembly Technology Offering Provides Multiple Alternatives For OEMs To Drive Productivity
• Concentration On Heavy Truck & Trailer, Aerospace, Defense And Renewable Energy Segments Aligns SEF Technology
With Customer Needs
$0.4B Industrial
• Applications For Micro-Mechanical Fastening Solutions Across Multiple Electronic Segments
• Assembly Technology Suitable For High Speed And Short Life Cycle Products
• Flexible, Asset Light Product Production Aligns With OEM’s Market Strategy
$0.2B Electronics
• Asset Tracking And Management For Manufacturing Production Lines And Capital Intensive Environments
• Inventory Management Systems Focused On Indirect Material And Secure Access-Controlled Vending
• Wi-Fi-Based RTLS Technology That Creates Eco-Systems That Monitor And Analyze Manufacturing Productivity
$0.1B Advanced Industrial Solutions
2015 INVESTOR DAY
Automotive – $0.9B
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• “No-hole” Fastening Technology Is A Flexible, High Production, Welding Of
Studs That Are Used To Route Wire Harnesses, Attach Electrical Components
And Retain Fuel And Brake Lines
• Weight Reduction Is A Priority Across The Industry, As New Regulations Push
For Greater Vehicle Efficiency/CO2 Reduction In The US And Europe
• Self Piercing Riveting System “SPR” Is Used To Structurally Assemble
Aluminum Vehicles To Decrease Weight And Increase Vehicle Efficiency/CO2
» Expand Global Leadership In SWS Equipment With Focus On Aluminum
Welding And Joining For Lightweight Vehicle Development
» Leadership Position In SPR Technology
• Plastic Fasteners Are Applied In Conjunction With Welding Technology To
Provide A Full System Approach And Seamless Interface With OEM’s Product
And Manufacturing Engineering Teams And Their Line Building Partners
2015 INVESTOR DAY
Global Electronics – $0.2B
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Customer & Segment Diversification
• Networking & Interconnect Devices
• Mobile Handset Market • Manufacturing Partnerships
Geographic Presence
• Global Program Management
• Micro-mechanical Application Engineering
• Assembly System Integration And Production Efficiency Focus
High Definition Disc-drive
• Laptops And Intense Memory Requirements
• High Performance Finishes To Enhance Assembly Process And Device Functionality
Climb The Value Chain
• Micro-stampings
• Precision Plastics
• Custom Interconnect
• Application Development And Value Analysis
Electronics Engineered Standards Program –
Speeds Access to Technology
To Drive High-Level Global Projects Global Customer Coordination
2015 INVESTOR DAY 8
Emerging Markets – Growth Strategy
Malaysia China India Thailand Poland Brazil
• Accelerate Development Of Emerging Geographic Markets
• Support Global Customers As They Expand Manufacturing
Operations
• Establish Local Commercial And Manufacturing Presence
• Develop Local Customers That Have Global Potential 10% 12%
22% 26% $91
$110
$322
$410
2011 2012 2013 2014
% of Total
Emerging Markets - Revenue
2015 INVESTOR DAY
Advanced Industrial Solutions – $0.1B
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• Leader In Asset Tracking And Inventory Management Solutions In
Production Environments
• Simple Scalable Platform To Manage Indirect Material Inventory
• Global Provider Of Advanced Industrial Technologies
• Enables Efficient Management Of Direct And Indirect Materials In A
Production Environment, Maintenance Intensive And “At Risk” Worker
Safety Locations
• Wi-Fi-Based RTLS Technology
• Creates Eco-systems That Monitor And Analyze Manufacturing Productivity,
Inventory And Transaction Management By Integrating Multi-systems
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Indirect Inventory Mgmt
Software and VMI
Enterprise Asset Tracking
And Worker Safety
Passive RFID Antenna
2015 INVESTOR DAY
Stanley Engineered Fastening Summary
• STANLEY Engineered Fastening Provides Productivity Solutions To An Increasingly Diversified Industrial,
Automotive And Electronics Customer Base
» Global OEMs That Require Seamless Program Management And Application Development
» Development And Application Of Leading Assembly Technologies
» Extensive Product Portfolio That Drives OEM Productivity And Labor Efficiency
• Solid Track Record Of Highly Profitable Organic Growth
» New Technologies Provide Additional Growth Opportunities In Automotive, Industrial And Electronics Segments
• Well Established Position In Emerging Markets Facilitates Accelerated Growth And Market Penetration
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