Investor Day 12 Novembre 2012 FINAL

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    London November 12, 2012

    Investor Day 2012

    Successfully facing new challenges

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    Investor Day 2012 London November 12, 2012 2PropertyofF

    aurecia-

    Duplication

    prohibited

    November 2011 - November 2012

    New European context with a very weak environment

    Faurecia growing faster than expected in North America and Asia Acceleration of Faurecia globalization

    Validating our strategic priorities

    New European context is impacting mid-term financial targets

    Requiring additional action plan

    New European context, same strategic priorities,

    additional action plan

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    Investor Day 2012 London November 12, 2012 3PropertyofF

    aurecia-

    Duplication

    prohibited

    IHS Automotive production forecast is now significantlylower than 12 months ago

    New European context with very weak environment

    Light vehicle production up to 3.5 tons Source IHS Automotive

    Light vehicle production in Europe (excl. Russia)

    CAGR2011-2016 :

    +0.8%

    CAGR2011-2015 :

    +2.8%

    18.8

    19.8

    18.4

    15.5

    17.4

    17.9

    17.5

    18.3

    19.4

    20.0

    17.8

    18.6

    17.9

    16.616.3

    17.0

    2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

    -12%

    In million vehicles

    IHS October 2011

    IHS October 2012

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    Investor Day 2012 London November 12, 2012 4PropertyofF

    aurecia-

    Duplication

    prohibited

    Faurecia growing faster than expected

    in North America and Asia

    Product sales

    Asia+14% like-for-like9M 2012 vs 9M 2011

    North America+21% like-for-like9M 2012 vs 9M 2011

    In million

    North America

    Accelerated rebound of automotive production

    Faurecia growing faster than expected thanksto rapid expansion with VW, Ford, Nissan,Daimler and Commercial vehicles for FaureciaEmissions Control Technologies

    Asia

    Slower growth in China but impactingmore the low end of the market thanthe core and luxury segments

    In China, Faurecia continued to outperformautomotive production by 5 pp.

    Faurecia sales in China up 12% in 2011 and

    up 13% (like-for-like) after 9 months in 2012

    Faurecia sales in Korea up 34% in 2011 and +8%(like-for-like) at end September 2012 thanks tocontinued development with Hyundai

    2010

    1,860

    9M 2012

    2,659

    1,945

    9M 2011

    2,579

    2011

    +43%+33%

    2011

    790

    9M 2012

    9991,117

    9M 2011

    968

    2010

    +15%+26%

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    Investor Day 2012 London November 12, 2012 5PropertyofF

    aurecia-

    Duplication

    prohibited

    Acceleration of Faurecia's globalization

    64

    20

    5

    9

    2

    9M 2011

    57

    27

    5

    10

    1

    9M 2012

    Europe

    North America

    South America

    AsiaOther

    Europe

    After 9 months 2012, product sales in Europe

    are down 5% (like-for-like) and represented 57%of group total (versus 64% a year ago)

    North America

    After 9 months 2012, product sales are up 43%(21% like-for-like). The acquisit ion in June

    of the Ford Saline business (annual consolidatedsales of approx $ 400m) is boosting the overall growth

    At end of September 2012, product sales in NorthAmerica represented 27% of group total or +7 pointsversus a year ago

    Asia

    At the end of September 2012, product salesare up 26% (14% like-for-like) on the backof a strong organic growth and represented10% of group total product sales

    Product sales breakdown by region (in %)

    19

    5

    9

    9M 2010

    66

    1

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    Investor Day 2012 London November 12, 2012 6PropertyofF

    aurecia-

    Duplication

    prohibited

    4

    2

    3 6

    1

    5

    Keep our focus on 4 core businesses Operational performance as a strategic lever

    Leverage globalization Technology leadership

    as a growth and profitability lever

    Accelerate in Asia Be a cautious consolidator

    Adequate growth and profit potentialfor all the 4 business groups

    Leadership positions and worldwide coverage

    Technology leadership

    Deliver worldwide to customers the same benchmarklevel of service in manufacturing and engineering

    Keep optimizing the cost base to ensure competitivenessand profitability

    Lead competition in global programsand global platforms management

    Outperform market in BRIC countries

    Achieve scale in Russia and India

    Become a Top 5 supplier in North America

    Environment and fuel efficiency solutions

    Breakthrough materials and processes

    Decoration, comfort, end-user interface and connectivity

    Targeted technology acquisitions

    More than double sales in China

    Become fully local in all markets with state-of-the-artR&D capabilities

    Build on worldwide expansion with targeted Asian OEMs

    Target 3.4bn product sales in 2016 (over 25% CAGR 11-16)

    Priority to organic growth

    Small to medium size acquisitions backedby our customers

    Validating our strategic priorities

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    Investor Day 2012 London November 12, 2012 7PropertyofFaurecia-

    Duplication

    prohibited

    Lower European market has 4 main impacts

    on our medium term milestones

    With expected automotive production being cut by 12% for 2014,Faurecia Europe product sales have been significantly lowered

    Delaying our above 5% Group operating marginuntil 2016 (versus 2014)

    Significantly reduced production perspectives

    are requiring additional restructuring action

    Impacting 2013-2014 free cash flow generation

    November 2012 versus November 2011

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    Investor Day 2012 London November 12, 2012 8PropertyofFaurecia-

    Duplication

    prohibited

    Secure profitability in Europe in a weak

    environment with aggressive cost cutting

    Rapidly increase profitabilityin North America

    Keep a rapid growth paceand high profitability in Asia

    Technology leadership momentumto grow our value content

    2014 and 2016 profit, cash flow

    and debt targets

    Action plan to converge

    on our mid-term financial targets

    1

    2

    4

    5

    3

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    Investor Day 2012 London November 12, 2012 9PropertyofFaurecia-

    Duplication

    prohibited

    Secure profitability in Europe in a weak

    environment with aggressive cost cutting

    Rapidly increase profitabilityin North America

    Keep a rapid growth paceand high profitability in Asia

    Technology leadership momentumto grow our value content

    2014 and 2016 profit, cash flow

    and debt targets

    1

    2

    4

    5

    3

    Yann DelabrireChairman & CEO

    Yann Delabrire

    Chairman & CEO

    Herv GuyotEVP Strategy

    Herv GuyotEVP Strategy

    Frank Imbert

    EVP CFO

    Action plan to converge

    on our mid-term financial targets

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    Investor Day 2012 London November 12, 2012 10PropertyofFaurecia-

    Duplication

    prohibited

    1

    2

    4

    5

    3

    Yann Delabrire

    Chairman & CEO

    Secure profitability in Europe in a weak

    environment with aggressive cost cutting

    Rapidly increase profitabilityin North America

    Keep a rapid growth paceand high profitability in Asia

    Technology leadership momentumto grow our value content

    2014 and 2016 profit, cash flow

    and debt targets

    Action plan to convergeon our mid-term financial targets

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    Investor Day 2012 London November 12, 2012 11Propertyof

    Faurecia-

    Duplication

    prohibited

    Automotive production in Europe (excl. Russia)should stay weak

    Addit ional 2-3% declinein light vehicle productionin 2013

    2011 level is now notexpected to be reachedagain before 2015

    2016 expected lightvehicle productionto be remain below2006-2007 peak

    1

    Light vehicle production in Europe (excl. Russia)

    CAGR2011-2016 :

    +0.8%

    CAGR2011-2015 :

    +2.8%

    18.8

    19.8

    18.4

    15.5

    17.4

    17.917.5

    18.3

    19.4

    20.0

    17.8

    18.6

    17.9

    16.616.3

    17.0

    2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

    -12%

    In million vehicles

    IHS October 2011

    IHS October 2012

    Light vehicle production up to 3.5 tons Source IHS Automotive

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    Investor Day 2012 London November 12, 2012 12Propertyof

    Faurecia-

    Duplication

    prohibited

    Secure profitability in Europe

    Our client portfolio is a real asset:

    50% German OEMs

    40% Premium OEMs

    Fixed cost base adjusted downby 230m in 2009

    Industrial footprint in Western Europeresized in 2008-2009

    Europe is profitable, at group averagein 2011 and 2012

    1

    Europe product salesby OEM

    VWo/w Audi 19%

    BMWPSA

    Renault-Nissan

    12%

    Tata 2%

    GM 2%

    OtherFiat-Chrysler1%Geely-Volvo 3%

    DaimlerPorsche 1%

    H22012e

    8%

    20%7%

    33%

    9%

    2%

    GermanOEMs50%

    Ford

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    Investor Day 2012 London November 12, 2012 13Propertyof

    Faurecia-

    Duplication

    prohibited

    Faurecia sales in Europe (excl. Russia)expected flat between 2011 and 2016

    Product sales in Europe are expected to:

    Decline in 2012 (-4.9% like-for-like

    at end of september 2012)and no rebound expected in 2013

    Gradually recover to 2011 levelfrom 2014 onwards

    1

    Faurecia Europe (excl. Russia)product sales

    7.7

    2011 2016

    7.6

    In billion

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    Faurecia-

    Duplication

    prohibited

    Western Europe industrial footprint adjustment Group restructuring charges expected to reach 100m in 2012

    including 1,500 headcounts reduction in Western Europe

    Group restructuring charges expected to reach 90m in 2013

    Adjusting further the cost base in Western Europe1

    Fixed costs base in Europe to be reducedby 50m in 2013 and 100m in 2014

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    Faurecia-

    Duplication

    prohibited

    Managing the cost base through additional extensionof the Eastern Europe footprint

    7 new manufacturing sites added inEastern Europe between 2012 and 2014

    Poland Legnica

    Gorzow II

    Czech Republic Mlada BoleslavPilsen

    Romania Rmnicu Vlcea

    Craiova

    LCC direct headcounts targeted to increasefrom 39% to 55% of total European(excl. Russia) direct headcounts

    Direct headcounts Europe(excl. Russia)

    2011 2016

    LCC

    HCC

    39%55%

    61% 45%

    1

    Eastern Europefootprint extensionPoland

    Romania

    CzechRepublic

    FASFECT

    FIS

    Craiova

    Legnica

    Gorzow

    Rmnicu Vlcea

    Mlada BoleslavPilsen

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    Investor Day 2012 London November 12, 2012 16Propertyof

    Faurecia-

    Duplication

    prohibited

    Faurecia's growth in Russia is based onglobal customers and programs

    Automotive market

    Russian automotive production is expected to growfrom 1.9m units in 2011 to 2.4m units in 2016

    Localization of components accelerated by taxincentives. Decree 166 requires OEMs to achieve60% local contents within 6 years

    Overall Tier-1 auto components sector is expectedto grow much faster than the OEM market

    OEMs strategy

    Russian OEM industry now well structuredthrough consolidation

    Renault-Nissan partnership with AvtoVAZ consolidated

    with the launch of the new entry platform andintroduction of Renault, Nissan and AvtoVAZ vehicles

    Ford in St Petersburg and Ford-Sollers JV areexpanding fast with 4 production facilities

    VW partnership with GAZ in Nizhny Novgorodin addition to its Kaluga base

    Russia light vehicle production

    1

    CAGR+5%

    1.9

    2.4

    2011 2016

    In million units

    Up to 3.5 tons Source IHS Automotive October 2012

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    Investor Day 2012 London November 12, 2012 18Propertyof

    Faurecia-

    Duplication

    prohibited

    European automotive production slowdownis expected to reduce Faurecia Europeoperating margin by 1.5 point

    Action plan to regain 1.0 point operating

    margin in Europe in a slowly recoveringmarket

    Western European footprint adjustment

    Higher Eastern Europe content

    Fixed costs reduction

    Growth in Russia

    Product sales in global Europe reaching 8.0bnand to secure European profitability

    Global Europe product sales

    1

    In billion

    2016

    8.0

    2011

    7.8

    CAGR+0.5%

    Sales roadmap Profitability roadmap

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    Investor Day 2012 London November 12, 2012 19PropertyofFaurecia-

    Duplication

    prohibited

    1

    2

    4

    5

    3

    Yann DelabrireChairman & CEO

    Secure profitability in Europe in a weak

    environment with aggressive cost cutting

    Rapidly increase profitabilityin North America

    Keep a rapid growth paceand high profitability in Asia

    Technology leadership momentumto grow our value content

    2014 and 2016 profit, cash flow

    and debt targets

    Action plan to convergeon our mid-term financial targets

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    Investor Day 2012 London November 12, 2012 20PropertyofFaurecia-

    Duplication

    prohibited

    Faurecia in North America is to become ranked # 6

    North America product sales Very rapid growth in 2011 (+33%) and 2012e (+42%)

    Ford Saline acquisition is an additional booster

    with $ 400m annual consolidated revenues

    Has pushed Faurecia to become the 6th largestautomotive component supplier in North America

    North America now accounting for over 25%of Faurecias global sales

    Faurecia customer base reinforced and broadenedthrough:

    Expansion with Ford through organic growth and Saline

    acquisition from 370m in 2010 to 850m in 2012e Expansion with Nissan from 13m in 2010

    to 240m in 2012e

    Expansion with Daimler from zero to 230m in 2012e

    Expansion with VW in Mexico and Chattanooga (TN)( +25% in 2011 and +70% in 2012e)

    Commercial vehicles from zero to 90m in 2012e

    North America product sales by OEM

    Ford

    GM

    Chrysler

    BMW

    Daimler VW

    Cummins 2% Other4%

    23%

    21%

    20%

    11%

    7%Nissan

    6%6%

    2

    2012e

    2009 2010 2011 2012e2008

    3.7

    2.6

    1.9

    0.91.5

    In billion

    +42%

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    Investor Day 2012 London November 12, 2012 22PropertyofFaurecia-

    Duplication

    prohibited

    Belvidere

    FAS

    FECT

    FIS

    FAE

    BradfordLansing

    Sterling Heights

    Fountain Inn

    Spartanburg

    TuscaloosaArlington

    Cottondale

    Chattanooga

    Cleveland

    Madison

    Dexter

    Louisville

    Columbus

    Riverside

    Rapid expansion of the manufacturing footprint15 new sites in 2011 and 2012

    2

    Hermosillo

    Ramos Arizpe

    San Luis Potosi

    SilaoQueretaro

    Puebla

    Mexico

    Sizeable footprint expansion in 2011

    and 2012 with 15 sites added Region is now fully covered

    Low cost base is significantwith 43% of the direct workforce in 2011

    38 manufacturing sites in 2012

    10 manufacturing sites(components)US + Canada28 manufacturing sites(14 components / 14 JIT)

    FAS

    FECT

    FIS

    FAE

    SalineFraser

    Franklin

    Toledo

    Taylor

    Troy

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    Investor Day 2012 London November 12, 2012 23Propertyo

    fFaurecia-

    Duplication

    prohibited

    Development with Ford and GMon global programs and premium products(Cadillac) for Faurecia Automotive Seating

    Development with Nissan and Hyundai

    with sales expected to reach 380m in 2016

    Commercial vehicles product salesto account for 210m by 2016

    Development with VW/Audi thanks

    to OEM expansion and global programs

    Product sales expected to reach 4.3bn in 2016 or 11% CAGR 2011-2016

    Faurecia expects to continue to expandits business in North America

    North America product sales

    2011 2016

    2

    CAGR

    +11%

    2.64.3

    In billion

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    Investor Day 2012 London November 12, 2012 24Propertyo

    fFaurecia-

    Duplication

    prohibited

    24

    Only 5 new JIT sites between 2013 and 20162

    After a phase of rapid expansion,

    only 5 new JIT sites to be added between2013 and 2016, 3 JIT in the US and 2 JITsites in Mexico

    Industrial focus will shift from newfootprint launch to industrial efficiency

    44 sites in North America in 2016

    Mexico + 2 JIT sites

    Ramos Arizpe

    Cuernavaca

    FAS

    US + Canada+ 3 JIT sites

    Detroit

    Wentzville

    Louisville

    FAS

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    Investor Day 2012 London November 12, 2012 25Propertyo

    fFaurecia-

    Duplication

    prohibited

    North America profitabili ty to rapidly improve:

    Finalization of the Emcon integration

    Stabilization of the manufacturing footprintin North America after 15 new manufacturing

    sites opened in 2011 - 2012 Fixed costs stabilization after a high number

    of new programs launches

    Synergies expected from revenue growth

    Leverage further the low cost base

    Faurecia is targeting a fast improvementof its North American profitability

    North America direct labor

    LCC

    HCC

    2011 2016

    43%54%

    57% 46%

    2

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    Investor Day 2012 London November 12, 2012 27Propertyo

    fFaurecia-

    Duplication

    prohibited

    1

    2

    4

    5

    3 Herv GuyotEVP Strategy

    Secure profitability in Europe in a weak

    environment with aggressive cost cutting

    Rapidly increase profitabilityin North America

    Keep a rapid growth paceand high profitability in Asia

    Technology leadership momentumto grow our value content

    2014 and 2016 profit, cash flow

    and debt targets

    Action plan to convergeon our mid-term financial targets

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    Investor Day 2012 London November 12, 2012 28Propertyo

    fFaurecia-

    Duplication

    prohibited

    China: CAGR 11-16: 9%

    Excellent mid-term prospects(volume & value)

    Favorable mix trend with growthin medium and high segments

    above average Worlds largest commercial

    vehicle market

    Japan

    Temporary recovery after

    Fukushima disaster in 2011 Globalization is pushing Japanese

    OEMs to expand production abroad

    Asean: CAGR 11-16: 11%

    Thailand is becoming a major hubfor automotive production in Asia

    Indonesian market expected to grow fast

    India: CAGR 11-16: 10%

    Automotive market growthis expected to remain strong

    Average value to increasebut will remain very low

    Very large commercial vehicle market

    South Korea

    Hyundai-Kia are increasing global marketshare though footprint globalization

    Auto production in Korea expectedto remain broadly stable

    Asia remains a key driverfor automotive market expansion

    Light vehicle production in Asia

    Other Asian Countries**ASEAN*South KoreaJapanIndiaChina

    15.8

    3.5

    7.7

    4.6

    2.80.7

    2011

    35.1

    24.5

    5.7

    8.1

    4.3

    4.71.0

    2016

    48.3

    3

    In million units

    *ASEAN : Indonesia, Malaysia, Philippines, Thailand, Vietnam

    ** Other Asian Countries : Australia, Pakistan, Taiwan Light vehicle production up to 3.5 tons Source IHS Automotive October 2012

    CAGR+7%

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    Investor Day 2012 London November 12, 2012 29Propertyo

    fFaurecia-

    Duplication

    prohibited

    Key drivers of the Chinese marketare favorable for Faurecia

    New emission regulationsto be introduced

    2009 2010 2011 2012 2013 2014 2015 2016

    Euro 3 Euro 4 Euro 5

    3

    Source: IHS Automotive, October 2012

    Light vehicle production in mil lion units

    Premium segment to continue to grow faster than market

    Overall mix to improve further

    International OEMs are expected to maintain their leadership and few Chinese OEMsmay emerge as key players

    Emissions standard are converging with European ones offering huge opportunities to FaureciaEmissions Control Technologies business for both passenger cars and commercial vehicles

    CAGR (11-16)

    LCV

    A

    B

    C

    DE+

    MPV/SUV

    20162011

    15.8

    24.5

    8%

    9%

    6%

    6%

    5%

    18%

    11%

    22%

    4%10%

    35%

    12%2%15%

    18%

    3%9%

    35%

    11%2%

    21%CAGR+9%

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    Investor Day 2012 London November 12, 2012 30Propertyo

    fFaurecia-

    Duplication

    prohibited

    Faurecia has already a solid presence in China3

    Total sales

    2009 2010 2011 2012e

    1.0

    1.2+25%

    In billion

    Ford

    PSA

    VW

    HyundaiOthers

    Nissan

    GM

    2011

    Total sales by OEM

    0.6

    1.5

    Industrial footprint

    Changchun

    Shenyang

    Lanzhou

    Chengdu

    ChongqingWuhan

    Lanzhou

    Huadu

    YantaiQingdao

    ShanghaiWuxi Jinan YanchengBeilun Cixi Nanjing

    Sou thwes t Cent ral North

    Northeast

    East

    South

    FASFECTFIS

    FAE

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    Investor Day 2012 London November 12, 2012 31PropertyofFaurecia-

    Duplication

    prohibited

    A fully owned R&D assets

    R&D Strategy

    R&D headcounts

    Fully owned R&D centers in Shanghaiintegrated in the global Faurecianetwork and regional footprintsfor programs deployment

    Strong local teams with a very largerange of skills, able to realize completelocal developments

    Industrial style as di fferentiation factor

    Innovation capabilities localized in China

    400

    1,200

    2011 2016

    3

    New Tech Centers in Shanghai

    opened in 2011 opening in 2013

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    Duplication

    prohibited

    Emissions contro l market for light vehicle expectedto grow faster than automotive production thanksto the convergence with European norms (13% CAGR 11-16)

    Market share 2011 2016

    Passenger cars 25% 27%

    Market share in light vehicle to increase slightlyfrom 25% to 27%

    Strong portfolio of western OEMs(top 3 customers: VW, PSA, GM)

    Development with Chinese OEMs:Geely, Chery, FAW, SAIC

    Commercial vehicles business to reach 60m in 2016

    Market share 2011 2016

    Mechanisms 15% 20%

    Frames 20% 20%

    Market share 2011 2016

    Passengers cars 4% 10%

    JV with ChangAn under final discussionfor Ford and PSA new businesses

    Selected development with chinese OEMs:Faurecia-Geely JV for Geely Volvo programs

    Faurecia growth strategy in China3

    Faurecia to double its market share in complete seats

    Nissan, PSA and BMW

    VW as a new customer

    Premium vehicles

    Faurecia leading position in mechanisms and frames

    Global platform deployment with VW, Nissan, PSA, GM

    Mechanisms localization and vertical integration

    Overall globalization

    Market share 2011 2016

    Complete seats 5% 10%

    Follow our key customers in their worldwide programs.Existing business with: Ford VW

    PSA

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    Duplication

    prohibited

    Faurecia in China in 20163

    China product sales

    in billion

    0.9

    2.6

    20162011

    CAGR+24%

    20162011

    30

    55

    To support growth 25 new manufacturingsites to be added by 2016 or a totalof 55 manufacturing sites

    To continue to grow 15 pointsfaster than automotive production

    China manufacturing sites

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    Duplication

    prohibited

    Competitive developments in India and Thailand

    To supply Ford, Renault-Nissan, Hyundai and VW

    Opportunities in commercial vehicles

    New development center in Pune

    working for worldwide programs(600 engineers)

    3

    2011 2016

    54

    250

    India product salesIn million

    2011 2016

    18

    140

    Thailand product salesIn million

    IndiaTo accompany key customers with optimized and limited

    investment and leverage a very efficient and low cost D&D base

    Expanding interior systems business (Nissan, Ford)

    Expanding in emissions control (Ford, GM)

    ThailandTo follow OEMs as it is becoming

    a major production hub for Ford, GM and Nissan

    CAGR+36%

    CAGR+51%

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    ofFaurecia-

    Duplication

    prohibited

    Worldwide business expansionwith Nissan and Hyundai

    Nissan already represents 3.5% of Faurecia product sales Faurecia nominated Alliance Growth Partner

    Strategic partnership with NHK Spring in automotive seatingfor Nissan leading to rapid development in North America,Brazil, Russia, China and Europe

    Partnership with Howa Textile for Interior systems

    3

    2011 2016

    345

    1,000

    In million

    CAGR+24%

    Product sales with

    Hyundai-Kia: strong emissions control businessand opportunities in other activities

    Strategic development with Nissan and strong growththrough the Alliance and agreements with Nissan's suppliers

    Emissions control: 200m product sales targeted in 2016,already 24% market share

    Technology and business opportunitieswith other business group

    2011 2016

    171300

    In million

    CAGR+12%

    Product sales with

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    Duplication

    prohibited

    Sustained and profitable growth in Asia

    China Continue strong strategic development in worlds largest auto market

    Japan & Korea Be a partner of Japanese & Korean OEMs in their globalization

    India Follow key customers with limited investment and expand the low cost D&D base

    Thailand To accompany strategic customers

    Roadmap & objectives

    Product sales to reach 3.4bn by 2016

    Profitabili ty to stay significantlyabove group average

    Asia product sales

    Faurecia in Asia

    1.1

    2011

    3.4

    2016

    3

    CAGR+25%

    In billion

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    ofFaurecia-

    Duplication

    prohibited

    Faurecia technology strategyis based on 4 pil lars

    Faurecia product offer

    4

    Faurecia Innovation key drivers

    CO2 and fuel consumptionreduction

    60 kg weight saving equivalent to 6 g/km CO2 reduction

    40 kg additional savings with composite solutions

    Energy recovery solutions

    Emissions regulation NOx reduction for passenger cars

    Commercial vehicles business development

    Attractiveness for the end user

    Premium decoration

    Electronics integration to add new functions and value content

    Platform solut ions Generics solutions

    Product and process standardization

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    Duplication

    prohibited

    Faurecia lightweight solutions

    Gain of induction brazing on an European B-Segment car

    13.3 kg 8.8 kg (- 33%)

    4

    5.9

    4.8

    0.35(7%)

    1.5(25%)

    2012 2016

    Lightweight

    Regular

    0.2bn 0.9bn

    Faurecia market share of lightweightmarket and product sales

    Worldwide Market for Cold EndIn billion

    Thickness reductionfrom 1.2 to 0.8 mm

    Gain of on an American C-Segment car

    Chevrolet Cruze1.4L gasoline turbo

    Ford B-Max

    60%57%

    2012 2016

    Source: Faurecia

    29 L

    15.5 kg 9.0 kg (- 42%)

    19 L (- 34%)

    Reduction ofinterfaces overlap

    Muffler sizereduction

    Over 10 kg saved with induction brazing & adaptive valves

    CAGR46%

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    Duplication

    prohibited

    Faurecia lightweight solutions

    40% weight reduction (11 kg per car) with new generation of frames

    - 40% weight reduction,based on major materials,

    product concept andindustrial processesinnovation

    BMW Mini VW Up!

    High Strength Steel

    Laser welding

    Material hybridation

    4

    OEM 1OEM 1

    Global &Modular

    Previous Front SeatStructure - Metal

    Global & Modular IMetal

    2007 20162011

    2016

    Global & Modular IIMetal/Hybrid

    of Front Seat Nextgeneration Structures

    M0

    OEM 2OEM 2

    OEM 3OEM 3

    OEM 1OEM 1

    OEM 2OEM 2

    OEM 3OEM 3

    Prod. Dev.

    FaureciaElectronics

    Inside

    FaureciaElectronics

    Inside

    FaureciaElectronics

    Inside

    15.0 kg 11.5 kg 9.5 kg

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    Investor Day 2012 London November 12, 2012 41Property

    ofFaurecia-

    Duplication

    prohibited

    Cellular polypropyleneinstrument panel carrier

    Injected naturalfiber door panel

    Faurecia lightweight solutions

    Wood fiberdoor panel

    Thin slush skin

    "Lightweightconceptacoustic package

    Ford Kuga

    PEUGEOT 208

    Mercedes-Benz SL

    2013 GlobalC Segment Car

    2013 Premium Sedan(Germany)

    Synthetic premium skin

    2013 Luxury SUV(USA)

    2013 European CSegment Car

    4

    - 20%

    - 20%

    - 40%

    - 20%

    - 15%

    - 60%

    Up to 22 kg weight reduction in car interiorwith new technologies & materials

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    ofFaurecia-

    Duplication

    prohibited

    Composite chassisUp to 5 000 vehicle / year

    Mass market

    > 50 000 vehicles / year

    StructuralThermoplastic Front

    End Carrier

    Faurecia lightweight solutions

    -20% weight reduction,based on major materials,

    product concept andindustrial processes

    innovation

    Composite hybridbody panels

    Thermoplastic - RTM

    SMC, RTM, RIM,

    Injection molding

    Carbon fiberBody panels

    Automotive Composite

    4

    Structural thermoset

    Composite chassis

    Composite body parts

    Thermoset body parts

    Thermoplastic body parts

    Target: - 35 kg(C-Segment sedan)

    - 15 kg

    Complete composite technologies and preparingfuture light weight solutions

    St t f th t l ti t dd

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    Duplication

    prohibited

    Faurecia market shareof the heat recovery market

    and product sales

    Acting as working temperature optimizer or direct power supplyto the powertrain, heat recovery systems are key contributorsto Hybrids overall efficiency.Faurecia is aiming at 20% market share in 2016and targeting 25% by 2020.

    State-of-the-art solutions to addressnew energy recovery market

    25 %Traction

    40 %Exhaust

    Heat

    35 %Friction

    2012: Serialproductionon FORD C-Max

    Hybrid

    Heat recovery marketHeat to Power(H2P)

    Medium term

    Heat to Heat(H2H)

    Hybrid engines,Diesel engines

    4

    In million

    20%

    30m

    2016

    75m

    25%

    2020

    Hybrid engines,Diesel engines

    40% of the energy createdby the internal combustion

    engine is wastedin exhaust heat

    Direct positive impact onhomologation CO2 testlevels (NEDC, WLTP,).

    Source: Faurecia

    Energy recovery technologies reduce fuel consumption

    150

    2016

    300

    H2P

    180

    2020

    H2H H2H

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    Duplication

    prohibited

    Faurecia NOx treatment breakthrough

    BlueBox: A c lose coupled architecture providing a complete SCR systemwithin the packaging of a conventional Diesel Oxidation Catalyst

    4

    SCR world marketIn million

    Diesel oxidation catalyst (DOC)

    Urea injector

    Urea mixing device

    SCR catalyst or SCRF(SCR coated DPF)

    ConventionalLayout

    Closed coupled -

    BlueBox

    Proximity to engine(close coupling)

    Earlier catalyst activation, better NOx treatment Reduction of catalyst cost

    Compact packaging Easier installation in vehicle Weight saving Reduced complexity

    425

    2011 2016

    110

    ClosecoupledSCR100%

    35%

    65%

    ConventionalSCR

    Faurecia market share

    CAGR

    +31 %

    BlueBox10 contracts pending in 2013

    Faurecia expertise in system design and manufacturing are key assetsto meet the technical challenges imposed by close coupled SCR.

    With BlueBox, Faurecia is aiming at 40% of the close coupled market by 2016.

    20112016

    Source: Faurecia

    Faurecia BlueBox allows a faster & better treatment of NOx,weight saving and cost optimization

    12 % ofConventionalSCR

    40% ofClosecoupledSCR

    Major position in the

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    ofFaurecia-

    Duplication

    prohibited

    Major position in theCommercial Vehicles Engines (CVE) market

    DOC/DPF systems

    for Euro VI

    Thermalregenerators

    Selective Catalytic

    Reduction systems

    Off Highway On Highway

    Truck

    Off road

    Complete CVE product offering

    After-Treatment engineeringand manufacturing

    World leader in medium-to-heavy dutyon and off-road diesel engines

    More than 1m engines produced in 2012

    Strong positions in North & South America,India and China

    System integrationMarketing and sales

    CVE product salesIn million

    4

    20162011

    425

    150

    CAGR+ 23 %

    Source: Faurecia

    PartnershipFaurecia-Cummins

    Generating more value4

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    Duplication

    prohibited

    Generating more valuewith interior decoration

    Aluminum surfaces

    Acquisition of Angell-Demmelcompleted in 2011

    60% market share on Premium market

    Large wood surfaces

    Proprietary technology for 3D shapingof large wood surfaces

    Films

    Exclusive partnership establishedwith

    Decoration Product Lineat 320m product sales

    by 2016

    2011 2016

    50

    320

    4

    Decoration product line salesIn million

    CAGR+ 45 %

    Faurecia masters all decoration technologies

    Developing electronics technologies4

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    ofFaurecia-

    Duplication

    prohibited

    Opening of the new electroniclab in Brires (France)on October 3rd 2012

    Appropriate time to market Modular architecture

    with integrationof the latest standards

    Connectivity to centralelectronic architecture

    but not competingwith core electronics

    Developing electronics technologiesfor Automotive Seating

    Modular & decentralized CPU archi tecture

    Heatingcontrol Unit

    Ventilationcontrol Unit

    Pneumaticcontrol Unit

    State of the art standardized actuators

    Brushlessmotor

    Self poweredseat mechanism

    Rare Earth - freeGear motors

    4

    Deployment through internal and external innovation

    4

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    Investor Day 2012 London November 12, 2012 48PropertyofFaurecia-

    Duplication

    prohibited

    Innovation in new end-userfunctions, increasing the valueto the end customer

    Electronic integration addingnew functionalities associatedwith attractive style and perceivedquality

    Easy integration into existingproducts

    Enhancing product function & value content

    Enhanced Life On Board

    SmartFitTM high end customized features

    Cushion Massage Adjustable Firmness

    New gen Climate SeatBack Adv. MassageNew gen pneumatics

    Soft Adjustments

    4

    Tailor Fit Back Fit GPS FitSmart

    Fit

    Growing demand for smart andhigh perceived quality functions

    S d d l i f f l f4

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    Investor Day 2012 London November 12, 2012 49PropertyofFaurecia-

    Duplication

    prohibited

    Standard solutions for seat frame platforms

    Faurecia generic seat frames design

    Apollo Dragon

    High to medium specifications Optimized weight Laser welding

    Low to medium specifications Mono or bi-recliner Magnetic welding

    (*) per year in 2016

    OEMbenefits

    Lower development cost Improved yield Competitive cost Shorter time to market

    4

    625 000B & CApollo

    Apollo

    Apollo

    Apollo

    Apollo - Dragon

    Apollo - Dragon

    Generic

    D& E

    Truck

    B, C, D

    C, D & Entry

    B,C & Entry

    Segments

    1 900 000American

    2 050 000American

    4 450 000German

    1 550 000French

    2 700 000Asian / European

    Car sets*OEM

    German Premium

    Standard jig & tool

    Standard equipment

    Standard workstation

    Faurecia generic seat process

    Standard layout

    Standard process

    Standard design

    Standard process to reduce Capexand reach full use of industrial capacity

    Standardized process

    Higher flexibility Full use of industrial capacity Lower Capex Leverage on material purchasing

    Faurecia

    benefits

    T h l i l d k t l d i t h i

    4

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    Duplication

    prohibited

    Technological and market leader in seat mechanisms

    NTG 36 NTG 30 NTG 24

    FaureciaElectronics

    Inside

    New TrackGeneration

    M3 M3

    2016

    2016

    New TrackGeneration

    New TrackGeneration

    449

    Ultima

    4CB 4CBII

    Current Track Portfolio

    M3

    2013

    G3 and G3 v3 E-Pump I & II

    Faurecia

    ElectronicsInside

    M2Nano

    RD 77KEZE 70

    KEZE Light

    M4 M2 M1

    RC 70

    M4

    New ReclinerGeneration

    2013 2016

    M4

    RD 70Faurecia

    Electronics

    Inside

    New ReclinerGeneration

    KEZE

    RC 83

    RD 83

    Current ReclinerPortfolio

    New Pump GenerationPump mechanisms

    Product plan continuous evolution

    4

    Patent

    Pending

    By continuously setting the performance benchmark through a renewed product portfolio, Faurecia is increasing its leadership.Between 2011 & 2016, a 7% turnover CAGR is exceeding a 3% market CAGR for the same period.

    Source: Faurecia

    Global leadership & increasing market share throughcontinuous performance & weight reduction

    Seat mechanisms marketIn billion

    25%

    696m 960m

    2011 2016

    21%

    Faurecia market share and product sales

    3.8

    2011 2016

    3.3

    CAGR+ 3%

    CAGR7%

    T h l l d hi t l t t4

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    Investor Day 2012 London November 12, 2012 51PropertyofFaurecia-

    Duplication

    prohibited

    Technology leadership to grow our value content

    Short term

    CO2 and fuel consumption reduction with lightweight solutions

    and energy recovery systems

    Emissions regulations with NOx reduction solutions for passenger cars (BlueBox)and complete product offering for commercial vehicles

    Attractiveness for end user with premium decoration and electronics integration

    Platform solutions with generics solutions and product and process standardization

    Medium term

    CO2 reduction to 95g in 2020 in Europe Structural composites

    Pollutants for Euro 7

    4

    Action plan to converge

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    Investor Day 2012 London November 12, 2012 52Propert

    yofFaurecia-

    Duplication

    prohibited

    1

    2

    4

    5

    3

    Frank ImbertEVP CFO

    Secure profitability in Europe in a weak

    environment with aggressive cost cutting

    Rapidly increase profitabilityin North America

    Keep a rapid growth paceand high profitability in Asia

    Technology leadership momentumto grow our value content

    2014 and 2016 profit, cash flowand debt targets

    p gon our mid-term financial targets

    Rapid growth at +6/7% p.a.5

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    Investor Day 2012 London November 12, 2012 53Propert

    yofFaurecia-

    Duplication

    prohibited

    p g pto reach 22 billion total sales in 2016

    Faurecia sales

    In billion

    2011

    12.4

    2016

    17.0CAGR+7%

    5

    Faurecia outside Europe product salesIn billion

    CAGR14%

    Europe (incl. Russia) product sales

    7.8 8.0

    In billion

    2011 2016

    2011 2016

    2011

    16.2

    2016

    22.0

    CAGR

    +6%

    4.6

    9.0

    Product salesTotal sales

    Out of Europe sales to represent 55%5

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    Investor Day 2012 London November 12, 2012 54PropertyofFaurecia-

    Duplication

    prohibited

    50%37%55%

    p pof our product sales by 2016

    5

    Product sales by region

    Europe to decline in relative value from 63% to 45% due sales stability in this region

    North America to grow to 25%, stabilizing after a strong growth period in recent years

    Asia to keep growing steadily doubling from 9% to 20%, through China, India and Thailand

    South America will grow from 6% to 8%

    Europe (excl. Russia) North America Asia RoW

    21%

    9%

    63%

    7%

    27%

    15%

    50%

    8%

    45%

    25%

    20%

    10%

    2011 2014 2016

    Faurecia targets over 5.0% operating margin5

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    Investor Day 2012 London November 12, 2012 55PropertyofFaurecia-

    Duplication

    prohibited

    by 2016

    Around 4.0%

    2014 2016

    > 5.0%

    Operating margin Profitability roadmap

    5

    As % of total sales

    Europe European automotive production slowdown

    is expected to reduce Faurecia Europe operating margin by 1.5 point

    Action plan to adapt costs and additional restructuring will allowto regain 1.0 point profitability

    North America

    Fixed costs will stabilize after a phase of very rapid expansion

    Low cost footprint will help to leverage profitability

    Profitability to rapidly increase to 5.0% operating margin

    Asia

    Will keep a high level of profitability thanks to a steady growth

    Profit generated outside out of Europe5

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    Investor Day 2012 London November 12, 2012 56PropertyofFaurecia-

    Duplication

    prohibited

    will represent 2/3 by 20165

    Out ofEurope

    Europe64%

    36% Europe

    64%

    36%Out of

    Europe

    Operating profit by region

    2011 2016

    Profit generated out of Europe will grow from 36% to 64% of total profit

    Cap Capex at present level with5

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    Investor Day 2012 London November 12, 2012 57PropertyofFaurecia-

    Duplication

    prohibited

    selective approach of new contracts

    Business selectivity Focus on strategic regions:

    Asia, North America

    Focus on strategic OEMs

    Footprint extension limited to Asia

    Cap upfront investments

    Seek limited capex and development costsand/or obtain pre-financing

    Manage tendering portfolio Strict limit on overall 2013-2014

    spending on Capex + Capitalized R&DCapex capped below 550m

    5

    Selective approachCapex

    0

    100

    200

    300

    400

    500

    600

    2011 2012 2013 2014 2015 2016

    550m

    In million

    Positive free cash flow from 20145

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    Investor Day 2012 London November 12, 2012 58Proper

    tyofFaurecia-

    Duplication

    prohibited

    Positive free cash flow from 20145

    Capex coverage by depreciation

    Capex Depreciation

    In million

    0

    100

    200

    300

    400

    500

    600

    2011 2012 2013 2014 2015 2016

    550m

    Cash flow roadmap

    2013 cash flow wi ll be impacted byrestructuring spending

    Balanced cash flow in 2014 targeted

    From 2014, free cash flow to grow thanks to:

    Operating income growth(+60% between 2011 and 2016)

    Depreciation and amortization growth

    (+70% between 2011 and 2016)

    Capex coverage to reach 87% by 2016

    Targeting Net Debt / EBITDA 0.5x in 20165

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    Investor Day 2012 London November 12, 2012 59Proper

    tyofFaurecia-

    Duplication

    prohibited

    Targeting Net Debt / EBITDA 0.5x in 2016

    Net Debt / EBITDA

    June 2012 2014 2016

    1.4

    1.3

    0.5

    In x

    Net debt reduction

    Positive free cash flow from 2014onwards

    Operating margin improvement

    Higher depreciation and amortization

    EBITDA improvement

    Liquidity secured by long term financing5

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    tyofFaurecia-

    Duplication

    prohibited

    Liquidity secured by long term financing

    Initialmaturity

    Maturityextended

    0

    0.5

    1.0

    1.5

    2.0

    2013 2014 2015 2016 2017 2018 2019

    3-yeartranche

    Available long-term financial resources 3.1bn long term financing secured

    Syndicated banking credit facility 1,150

    Bonds 740

    Convertible bonds 460

    Medium term banking facilities 250

    Factoring programs 500

    Total 3,100

    Average maturity of bondsand banking credit of 4.2 years

    No major refinancing before 2016

    In billion In million

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    Contact & Share data

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    Duplication

    prohibited

    Investor Relations

    Eric-Alain Michelis2, rue Hennape92735 NanterreFrance

    Tel: +33 1 72 36 75 70Fax: +33 1 72 36 70 30E-mail: [email protected] site: www.faurecia.com

    Share Data

    Bloomberg Ticker: EO:FPReuters Ticker: EPED.PADatastream: F:BERT

    ISIN Code: FR0000121147

    62

    Safe Habor Statement

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    Duplication

    prohibited

    This report contains statements that are not historical facts but rather forward-looking statements. The words

    "will," "may," "designed to," "outlook," "believes," "should," "anticipates," "plans," "expects," "intends,""estimates" and similar expressions identify these forward-looking statements. All such statements are basedupon our current expectations and various assumptions, and apply only as of the date of this report.

    Our expectations and beliefs are expressed in good faith and we believe there is a reasonable basis for them.

    However, there can be no assurance that forward-looking statements will materialize or prove to be correct.Because such statements involve risks and uncertainties such as automotive vehicle production levels, mixand schedules, financial distress of key customers, energy prices, raw material prices, the strength of theEuropean or other economies, currency exchange rates, cancellation of or changes to commercial contracts,liquidity, the ability to execute on restructuring actions according to anticipated timelines and costs, theoutcome could differ materially from those set out in the statements.

    Except for our ongoing obligation to disclose information under law, we undertake no obligation to updatepublicity any forward-looking statements whether as a result of new information or future events.

    63

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