Growth  engineHannu Kasurinen, EVP, Building and Living
Wood with superior carbon footprintg/kg                              Source: Puuinfo / Finnish Forest Industries
If European homes were built out of wood…    100     80     60     40     20      0                       Source: Building...
MARKETS          6
European construction market Construction value in 2010 prices; 2007 = 100                                                ...
Global construction market forecastCAGR 4.9%     9180 bn €      5400 bn €      Share in 2009, %       25    17    13      ...
Global soft wood resources
Rethinking base sawn timber…
RETHINK          11
NPS development 2010 – 2012  2010         2011           2012                                     12
Building and Living        Key Figures 2008 - 2011                                         EBIT exc. NRI, ROOC% 2008-2011 ...
Building & Living compared withcompetition EBIT%                                  14
PRODUCTS AND INNOVATION                          15
Today…
…5-7 YEARS…
HOW TO WIN THIS GAME?                        18
Cash flow generation from base sawmilling  NORDIC –  importance in fibre  supply                               BALTIC AND ...
Growing with customersOverseas and distribution    Industrial components expand offering by          expand outside of N...
Big potential Building solution• from single family  houses to multi-  storey buildings• Current focus in  Europe, grow wi...
10% increase in wood construction use…   MULTI-STOREY                       1+2 FAMILY HOUSES• 78 500 new appartments     ...
Heat and lit for 29 years
From saw milling to Building & Living2007          TODAY            by 2015                                          24
Conclusions Construction continues to grow globally Wood winning market share Continuous improvement for every unit eve...
It should be noted that certain statements herein which are not historical facts. including. withoutlimitation those regar...
Stora Enso CMD - Presentation by Hannu Kasurinen, EVP, Building and Living
Stora Enso CMD - Presentation by Hannu Kasurinen, EVP, Building and Living
Stora Enso CMD - Presentation by Hannu Kasurinen, EVP, Building and Living
Upcoming SlideShare
Loading in …5
×

Stora Enso CMD - Presentation by Hannu Kasurinen, EVP, Building and Living

1,112 views

Published on

Stora Enso's Capital Markets Day on 22 March 2012

Published in: Business
  • Be the first to comment

  • Be the first to like this

Stora Enso CMD - Presentation by Hannu Kasurinen, EVP, Building and Living

  1. 1. Growth engineHannu Kasurinen, EVP, Building and Living
  2. 2. Wood with superior carbon footprintg/kg Source: Puuinfo / Finnish Forest Industries
  3. 3. If European homes were built out of wood… 100 80 60 40 20 0 Source: Building information environmental declarations
  4. 4. MARKETS 6
  5. 5. European construction market Construction value in 2010 prices; 2007 = 100 Source: Euroconstruct 2011
  6. 6. Global construction market forecastCAGR 4.9% 9180 bn € 5400 bn € Share in 2009, % 25 17 13 8 37 Share in 2020, % 20 18 20 5 37 % of growth, 2009-20 13 19 30 1 37 CAGR, %, 2009-20 2.8 5.5 9.1 0.6 4.9 Source: Euroconstruct 2010
  7. 7. Global soft wood resources
  8. 8. Rethinking base sawn timber…
  9. 9. RETHINK 11
  10. 10. NPS development 2010 – 2012 2010 2011 2012 12
  11. 11. Building and Living Key Figures 2008 - 2011 EBIT exc. NRI, ROOC% 2008-2011 EBIT excl. NRI, ROOC% 2008 - 2011 Sales 2010-2011 MEUR EBIT, MEUR EBIT % (4 quarters average) ROOC % (4 quarters average) % 50 25,0 40 35 20,0 30 30 25 15,0 20 15 10,0 9 10 12 10 10 5 6 5,0 0 0,0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 08 08 08 08 09 09 09 09 10 10 10 10 11 11 11 11 -10 -5,0 -11 -9 -20 -15 -10,0 -18 -30 -24 -24 -15,0Sales 1000 eur/person 2010-2011 Fixed costs 2008-2011
  12. 12. Building & Living compared withcompetition EBIT% 14
  13. 13. PRODUCTS AND INNOVATION 15
  14. 14. Today…
  15. 15. …5-7 YEARS…
  16. 16. HOW TO WIN THIS GAME? 18
  17. 17. Cash flow generation from base sawmilling NORDIC – importance in fibre supply BALTIC AND RUSSIA - continue to develop CENTRAL EUROPE - maintain cash flow
  18. 18. Growing with customersOverseas and distribution Industrial components expand offering by  expand outside of Nordicexternal products based on regioncustomer needs  take market share by modified products 20
  19. 19. Big potential Building solution• from single family houses to multi- storey buildings• Current focus in Europe, grow with customers in Japan & China• target to double, even triple sales by 2015
  20. 20. 10% increase in wood construction use… MULTI-STOREY 1+2 FAMILY HOUSES• 78 500 new appartments • 67 000 new building units• using 25 m3 of CLT per appartment • using 50 m3 of CLT per unit 2 million m3 more CLT  3,4 million m3 more CLT
  21. 21. Heat and lit for 29 years
  22. 22. From saw milling to Building & Living2007 TODAY by 2015 24
  23. 23. Conclusions Construction continues to grow globally Wood winning market share Continuous improvement for every unit every day Cash flow generation from low cost saw mills Growing with Building solutions, components and modification
  24. 24. It should be noted that certain statements herein which are not historical facts. including. withoutlimitation those regarding expectations for market growth and developments; expectations for growthand profitability; and statements preceded by “believes”. “expects”. “anticipates”. “foresees”. or similarexpressions. are forward-looking statements within the meaning of the United States Private SecuritiesLitigation Reform Act of 1995. Since these statements are based on current plans. estimates andprojections. they involve risks and uncertainties which may cause actual results to materially differ fromthose expressed in such forward-looking statements. Such factors include. but are not limited to: (1)operating factors such as continued success of manufacturing activities and the achievement ofefficiencies therein. continued success of product development. acceptance of new products or servicesby the Group’s targeted customers. success of the existing and future collaboration arrangements.changes in business strategy or development plans or targets. changes in the degree of protectioncreated by the Group’s patents and other intellectual property rights. the availability of capital onacceptable terms; (2) industry conditions. such as strength of product demand. intensity of competition.prevailing and future global market prices for the Group’s products and the pricing pressures thereto.price fluctuations in raw materials. financial condition of the customers and the competitors of theGroup. the potential introduction of competing products and technologies by competitors; and (3)general economic conditions. such as rates of economic growth in the Group’s principal geographicmarkets or fluctuations in exchange and interest rates. 27

×