Miba Group Innovation in Motion Technologies for a cleaner planet
History of Miba Group 2014 Expansion of plants in China and the USA 2010 Acquisition of EBG / DAU and Hoerbiger Friction Off-Highway Business 2011 Foundation of New Technologies Group 2013 Peter Mitterbauer takes over the Chairmanship of the Management Board 2007 Opening of sites in China and Slovakia 2005 Start of coating production 1989 International expansion starts 1986 Miba IPO 1927 Company founded by Franz Mitterbauer 1949 Start of Engine Bearing activities 1955 Introduction of the Miba brand 1963 Start of Sinter activities 1975 Start of Friction activities 2
Miba 2020 Dynamic Evolution Our Mission Innovation in Motion Technologies for a Cleaner Planet Our Vision No power train without Miba technology Our Goals Profitable growth to over EUR 1 billion Increase in revenue from core business and through M&A Global number 1 in our market segments Our Strategy Strive for technology leadership in demanding, financially attractive market segments Dynamic Evolution as the overarching guiding concept supported by three main pillars: Global Growth, Innovation and Technology, People Our Values Technology Leadership Lifelong Learning Entrepreneurship Passion for Success 3
Global Growth Miba is determined to grow globally 260,000 m 2 Production area worldwide EUR 83 million in fiscal year 2014 15 for investments in innovation and technology, capacity as well as training Our goal: global number 1 In our demanding market segments, we are growing in our existing divisions as well as through the acquisition of new businesses. Local to local Because of our production in close proximity to customers on three continents, we are a strong and reliable partner for our customers worldwide. Stand FY 2014-15 4
Innovation and Technology Miba is a technology-driven company Employees in R&D 235 Investments in R&D EUR 27.9 million Research ratio 4.2 % of total revenue Cooperation with academic institutions With more than 40 universities and research institutes Patents 233 valid patents, of which 18 new ones in fiscal year 2014 15 Revenue through new technologies > 20% of total revenue As of fiscal year 2014 15 5
People Miba s growth is also about our people s growth Employees worldwide 5,200 Training and continuing education expenses EUR 1.7 million 33% of all Miba employees started as apprentices at Miba Apprentices 205 young people in training (in A and SK) Customized management development Miba Leadership Academy Miba Management Academy Work-life balance Miba day care center for children aged one to three As of fiscal year 2014 15 6
Facts and Figures 2014 15
669.3 53.4 5,200 Revenue (in EUR million) Investments in property, plant and equipment and intangible assets (in EUR million) Employees (31/1/2015) 56.9 27.9 22 Equity ratio (in percent) Investments in Research & Development (in EUR million) Production sites (worldwide) 8
22 Production Sites worldwide Miba Sinter Group Miba Bearing Group Miba Friction Group Miba Coating Group New Technologies Group Miba Automation Systems Americas 630 employees 6 sites Europe 3,800 employees 12 sites Asia 760 employees 4 sites 9
Customers 10
From Product to End Application Sintered components Engine bearings Friction materials Coatings Power electronics components Special machinery 11
Committed to Dual Education 12
Our commitment Proven and Strategic Dual Education started in 1927 More than 1.300 apprentices graduated, large percentage of workforce started as apprentice Several national and international awards Continuous investments Extra-curricular activities International activities since 2007 Clear Vision Technical qualification as a CSF for Miba 2020 Embedded in strategic activities Miba 2020 Focal Point 2015/16 13
Project YoungSTAR Fundamental change in qualfication Miba started own dual education in Slovakia in 2007 within limitations, but with high flexibility and experiences on all sides. Experiences and needs were publically shared the (European) economic development gave additional momentum. Common ground with both Slovak government and WKO commitment for a pilot project in 2013. Start September 2014 14
Achievements Project YoungSTAR Introduction of a 40:60 split in dual education, 60% of education in company. Contribution of companies in designing the curricula. September 1, 2014: first class of dual education starting with vocational school and seven companies. Common standards in dual education, new legislation as new standard for Slovakia. Joint marketing-activities for promotion. 15
Challenges Project YoungSTAR Position of technical training in society and educational system (partly) Driving forces in educational system myth of university education Lack of active contribution within business community Title / Occasion of Presentation: To Change -> Insert -> Header & Footer -> Footer 16
Critical Sucess Factors Project YoungSTAR Strong political will, commitment, execution and professionalism (Few) Strong partners, highly professional project management Commitment of and contribution from companies Title / Occasion of Presentation: To Change -> Insert -> Header & Footer -> Footer 17
Miba AG Dr. Mitterbauer-Straße 3 A-4663 Laakirchen, Austria +43 7613 2541-0 info@miba.com 18