March 2024
Investor Presentation
Disclaimer
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Opinions expressed herein reflect the current judgement of the management of GF. The presentation contains forward-looking statements that involve risks and uncertainties. The actual results of GF may differ materially from those anticipated in these forward-looking statements and forecasts as a result of a number of factors.
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Pioneering industrial technology
Johann Conrad Fischer
Malleable iron fitting
As of 1900 GF develops wheels made of cast steel for trucks and cars
GF acquires the Machine Factory Rauschenbach for agricultural machineryGF acquires the Finnish company Uponor
GF at a glance: 2/3 of Sales in Water & Flow Solutions and majority of sales outside of Europe
Sales per business* (in CHF million)
Sales per region* (in %)
Building Technology
Water & Flow Solutions
GF Piping Systems
Industry & Utility
Rest of World
Europe
*2023 sales pro-forma
Becoming the leader in Water and Flow Solutions; Uponor acquisition major milestone
2023 peers overall and piping sales in EUR billion - pro-forma
5.1
36%
4.1
Source: Company information & filings; Geberit Piping: Piping Systems division; Aalberts Piping: Building Technology division; Wavin is Orbia's Building & Infrastructure division
Legend:
Overall sales
1.0
50%
Other businesses
50%
Piping share
Strong positions in a diverse portfolio of markets andindustries
Legend:
Exposure to business
Chemical Process industry
ICT/ ElectronicsIndustrial applicationsMedicalMarine
Consumer goodsHome appliancesPackagingLife scienceGeneral educationCoolingData Center
Key financial figures - Three years view
Sales
CHF million
Organic growth %
EBITDA-Margin before one-offs in CHF million
Employees
FTE
3'722
3'998
4'026
2021
2022
2023
ROIC %
15.9
13.5
2021
2022
FCF bef. Acq.
CHF million
2023
12.7
12.7*
2021
2022
2023
*comparable (without PPA effects on inventory and items affecting comparability out of the Uponor acquisition)
Net debt / EBITDA
(multiple)
2021
2022
Earnings per share
CHF
19'824
2023
23.4
23.8*
2021 *excl. Uponor
151
146
3.37
134
2022
2023
2021
2022
2023
2022
2.96
2021
2022
2023
2021
2023
Leading the way in corporate sustainability …
Sales with social or environmental benefits1 as % of total sales
80
1 excluding GF Uponor
70
60
50
40
30
20
10
0
Target 2025
CO2e emissions2
Scope 1 and 2, in 1'000 tons
2022
2023
Accident rate (LTIFR)
Baseline
2021
2022
2023
TargTeat r2g0e2t6 2026
… as acknowledged with external awards and ratings
Rating agencyRatingA
(transparency and performance on climate change)
Gold
for GF Piping Systems, GF Uponor, GF Casting Solutions; Silver for GF Machining Solutions
Ranking 121 out of 588
AASuccessfully validated
Targets for greenhouse gas reduction
B- prime status
Source: Company information, Sustainalytics, CDP, ISS and Ecovadis
Sustainability achievements across divisions and regions
Strategy targets 2025 lifted following the acquisition of Uponor
(in CHF)
CHF 4.4 - 5.0 billion* Sales
*including acquisitions
9 - 11%
EBIT margin
20 - 22%
Return on invested capital
10
CHF 5.0 - 5.5 billion* Sales
*including acquisitions / Uponor
13 - 15%
EBITDA margin
10 - 12%
EBIT margin
20 - 24%
Return on invested capital
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Disclaimer
Georg Fischer AG published this content on 25 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2024 15:06:04 UTC.