Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating...

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Transcript of Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating...

Page 1: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 2: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 3: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share

Agenda

Highlights: Stephen Harris

Financial Review: David Landless

Business Review: Stephen Harris

2010 Full Year Results3

Page 4: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share

Demand: - Good recovery in Automotive and General Industrial

- Aerospace and Energy yet to recover meaningfully

- Defence flat

Revenue: 14.8% higher than 2009 (17.8% like for like)

Headline Margin: 10.4% (1.8% in 2009)

Restructuring: Cost savings £14.1m higher than 2009

Cash: Profit to cash conversion at 148%

Capital expenditure: Tightly controlled and 0.8x depreciation

Strategy: Delivering results, with more to come in 2011

Dividend: Final dividend increased to 5.75p, total of 8.7p for

the year

Highlights

2010 Full Year Results4

Page 5: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 6: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 7: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 8: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 9: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 10: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 11: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 12: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 13: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share

Business Review

Demand and cost trends

Strategy and outlook

2010 Full Year Results13

Page 14: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share

Business Review

Demand and cost trends

Strategy and outlook

2010 Full Year Results14

Page 15: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 16: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 17: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 18: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 19: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 20: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 21: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 22: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 23: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 24: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 25: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share

Business Review

Demand and cost trends

Strategy and outlook

2010 Full Year Results25

Page 26: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 27: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 28: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 29: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 30: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 31: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 32: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 33: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share
Page 34: Agenda - Bodycote · Headline operating profit2 Headline profit before taxation Headline operating cash flow Net debt Headline earnings per share (pence) ROCE 0/0 Dividend per share