Disclaimer
2
©2015 GRUPO ANTOLIN-Irausa, S.A. All rights reserved
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Index
1. History
2. Products
3. Financial Strength
4. International Presence
5. Innovation
6. People
7. CSR
Answers to a constantly changing world
5Talent
More than 27,900
individuals drive
us direct to
success
Financial
Strength
Global
Presence
Innovation
Products
2014 Proforma
annual sales of
4,062 million euros
More than 160
production plants
and centers Just in
Time across 26
countries
We innovate today
to obtain a
sustainable future
for the automobile
Overheads
Doors
Seating
Lighting
6
Grupo Antolin is a family owned company fully committed with innovation and high
quality
More than 50 years of industrial tradition
2000´s
Commitment to the future
Evolution from single components to modular products.
Continuous Growth.
Innovation to guarantee leadership. High value added products.
50´s
Rubber-metal steering joint.
80´s
Holding Grupo Antolin. Internationalization.
60´s / 70´s
90´s
Strategy focus on vehicle interiors. Constant innovation policy. New corporate headquarters to develop R&D activities.
2013
Antolín Family becomes sole shareholder.2014
Inaugural Bond Issue.One of the largest global car interior suppliers
2015
Generational change. Acquisition of Magna Interiors.2011
Acquisition of CML. First self-supporting roof linings.New factory ARA: first interiors components. Product diversification.
8
Our Products
5 Strategic Business Units
Overhead System Door Function
Seat Function
Lighting
•
Modular headliner
•
Substrate
•
Sunvisors
•
Lighted headliner
•
Panoramic systems
•
Carrier solutions
•
Door panels
•
Window regulators
•
Central console
•
Complete seats
•
Frames
•
Covers
•
Mechanisms
•
Complete solutions
•
Interior:
Functional
Mood lighting
•
Exterior
Number 1 Worldwide
Multi-Technological
Offer
High Functional
Integration
Innovation Comes to
Light
Cockpits &
Interior Trim
•
Cockpits
•
Instrument panels
•
Soft Trim
We improve life on
board
9
Overheads
Global Leader
We are the largest worldwide supplier of headliner substrates. We have a
large market share, which means that 1 of every 4 cars in the world sports one of our headliners.
The Overhead System (modular headliner, substrate, sunvisors, lighted
headliner, panoramic systems) is a business line that represents 34% of all the
Group's sales.
We provide our clients with global solutions and local support in order to satisfy our client's needs as regards sustainability, weight reduction,
customization, improved safety, design and comfort.
Our multi-technological offer and a complete network of production plants and Just In Time centers allow us to pursue any level of integration anywhere in the world.
Modular
Headliner Sustrate Sunvisors
Lighted headliner
Panoramic Systems
10
Doors
Global supplier of a wide range of specialized plastic parts and mechanisms
In recent years, the door function has led our company's expansion, currently representing 30% of total sales.
Our leadership in this product segment is based on multitechnology, maximum integration, global implementation and flexibility for handling a wide range of versions.
The door is an essential design component in which multiple features
converge. It has transformed into a carrier of diverse components: electric and electronic devices, lighting, padding, and acoustic features which provide
safety and comfort.
At Grupo Antolin, we are experts on door trims and mechanisms, a
technological synergy that allows us to offer a broad scope of modular solutions. We develop, manufacture and sequence door panels that
integrate innovative product-process technologies and materials seeking to reduce weight. Carrier solutions Door Panels Window Regulators Central console
11
Seating
Focused on high added value products
We are technological leaders in the development and manufacturing of
complete, light and articulated seats that can include a built-in, three-point safety belt.
Likewise, we supply foldable and/or removable seats that offer outstanding performance and provide flexibility in the layout of a vehicle's interior. Our technological expertise in removable and/or storable seats allows us to widen our client diversification and expand our market.
Furthermore, we are integrated within our clients' supply chain through sequencing centers in proximity to their assembly plants, thereby optimizing the management of diversity.
Grupo Antolin is committed to technological excellence and high competitive costs in this key part of passenger confort.
Complete
12
Lighting
Leading European group for lighting components
With the acquisition of CML Innovative Technologies, Grupo Antolin
consolidated its position as leader in the overhead function and allowed the company to obtain a place in a market with great expectations through the integration of the advanced technology of CML.
This purchase has leaded Grupo Antolin to increase the added value and functionality of several of our traditional products (headliners, door panels and seats) and this will have a positive effect in helping them to grow beyond their current production levels, contributing to the pursuit of new projects
Complete Solutions Consoles Mood lighting Exterior lighting
13
Cockpits & Interior Trim
Global supplier of cockpit modules, instrument panels and soft trim
We deliver cockpit modules and instrument panels with high perceived quality based on our expertise in design, comfort, convenience, craftsmanship, and safety. For a highly integrated cockpit module, Grupo Antolin offers full
responsibility for design, development and sourcing, including Electric & Electronics components. Our innovations are focus on flexibility, cost-efficiency and weight reduction solutions.
We present a global portfolio of premium Door Trim technologies to
differentiate vehicles and maximize customer value. Innovative solutions
improve functionality, comfort, and aesthetics, to fulfil the OEMs’ concept of the visual and haptic experience.
Our expertise in decorative surface design parts allows us to customize our products and make them unique.
Our deep knowledge in acoustics and textile surface materials and world class soft trim products, make passengers feel at home. Trunk trim, floor carpets,
package trays, load floors and decorated pillar trims complete our product portfolio. Cockpit Modules Instrument panels Surface
1,248 1,637 1,876 2,087 2,128 2,085 4,062 0,000 1,000 2,000 3,000 4,000 5,000 2009 2010 2011 2012 2013 2013* 2014* 15
Revenues
Consolidated sales
mill (€)* 2013 restated according IFRS 10 and 11 (mandatory application 1 January 2014)
16
Capex
Focused investment plan oriented towards value added products
* 2013 restated according IFRS 10 and 11 (mandatory application 1 January 2014)
* 2014 Proforma Adjusted Capex
93
85
117
121
120
116
240
2009
2010
2011
2012
2013
2013*
2014
17
Highly diversified business model
Geography
2014
2014 PF with
Magna Interiors
Europe
56%
Asia-Pacific
7%
Mercosur
2%
NAFTA
34%
Africa
1%
Rest of
Europe
41%
Spain
18%
Asia-Pacific
7%
Mercosur
3%
NAFTA
30%
Africa
1%
18
Highly diversified business model
Clients
Ford Motor Co 19% Volkswagen Group 18% Renault-Nissan 15% Fiat-Chrysler 12% PSA Peugeot Citroën 11% Daimler 5% Hyundai Kia 4% General Motors 3% Tata Group 3% BMW Group 3% Others 7% Volkswagen Group 16% Fiat-Chrysler 13% Ford Motor Co 11% Others 11% BMW Group 10% Renault-Nissan 9% General Motors 8% Daimler 8% PSA Peugeot Citroën 6% Tata Group 5% Hyundai Kia 2% Toyota 1%2014
2014 PF with
Magna Interiors
19
Highly diversified business model
Products
Overheads 54% Doors 31% Seating 9% Lighting 8% Overheads 34% Doors 30% Seating 5% Lighting 4% Cockpits & Interior Trim 27%2014
2014 PF with
Magna Interios
21
We are where the cars are manufactured
161 facilities and 25 Technical Commercial Offices
Spain Argentina Austria Brazil Canada China Czech Republic France Germany Hungary India Italy Japan Mexico Morocco Poland Portugal Romania Russia Slovakia South Africa South Korea Thailand Turkey United Kingdom United States
26 Countries
22
Grupo Antolin in Europe
Internationalization process started in 90s
15,346
Market leader
GA is equipping 65% of vehicles produced in Europe
Revenues
(€ IN MILLIONS)Employees:
2,274
90
Grupo Antolin in Spain
Committed to our origins
23
Vitoria
Valladolid
Almussafes
Martorell
Barcelona
Vigo
Pamplona
Burgos
Madrid
2,546
Revenues
(€ IN MILLIONS)400
Employees:
Factories:
17
Solid industrial role
Grupo Antolin in NAFTA
Present in USA since 1994
24
7,237
Solid presence
GA equips 41% of vehicles produced in NAFTA
Revenues
(€ IN MILLIONS)1,381
Employees:
Factories:
25
Grupo Antolin in Mercosur
Operating in Brazil since 1996
771
Revenues
(€ IN MILLIONS)82
Employees:
OEM’s South America
GA is equipping 56% of vehicles produced in Mercosur
Factories:
Grupo Antolin in Africa-Asia-Pacific
Operating in India since 1996
26
Revenues
(€ IN MILLIONS)324
Employees:
4,599
Factories:
Significant expansion
GA is equipping 18% of vehicles produced in AAP
39
27
International presence
EUROPE SPAIN NAFTA Technical-Commercial OfficesProduction / Assembly Sequencing
Magna Interiors Centers
ASIA-PACIFIC AFRICA MERCOSUR Burgos Burgos Almussafes Barcelona Burgos Madrid Martorell Pamplona Porriño Sollana Valladolid Vigo Vitoria Bad Dürkheim Bamberg Cologne Stuttgart Weyhausen Wolnzach Bad Dürkheim Bamberg Cologne Emden ALEMANIA Ebergassing Steyr AUSTRIA Bratislava Trnava Zilina SLOVAKIA Besançon Guyancourt Roche La Molière Rupt-Sur-Moselle Besançon Cambrai FRANCE Turin Turin Benevento ITALY Poznan Wroclaw POLAND Palmela Valença Vila Nova de Cerveira PORTUGAL Bury St Edmuns Leamington Spa Barton Bury St Edmuns Droitwich Hartlip Leamington Spa Oxford UNITED KING. Sibiu ROMANIA Naberezhnye Nizhni Nóvgorod San Petersburgo RUSSIA Bursa Bursa Gölcük Başiskele TURKEY Brampton Oshawa CANADA Auburn Hills Belvidere Benzonia Cottondale Hopkinsville Howell Kansas City Louisville Marlette Nashville Spartanburg St. Clair Warren Wayne USA. Silao El Derramadero Hermosillo Puebla Saltillo Saltillo Silao Tlaxcala Toluca MEXICO Buenos Aires ARGENTINA Caçapava Caçapava Curitiba Salvador de Bahía São Bernardo Taubaté BRAZIL CHINA Seoul Ansan Pusan SOUTH KOREA Pune Chennai Gurgaon Pune Pune Sanand INDIA Tokyo JAPAN Bangkok Rayong THAILAND Tangier Tangier MOROCCO Uitenhage Durban Rosslyn Uitenhage SOUTH AFRICA Massen Munich Rastatt Regensburg Regenstauf Roitzsch Saarlouis Sachsen Sailauf Straubing Wolfsburg Chrastava Chrastava Hranice Libáň Liberec Mlada Boleslav Nošovice Ostrava Příšovice Rychnov Turnov Valašské Meziříčí CZECH REP. Esztergom Kecskemet Henin Beaumont Jarny Sandouville Roche La Molière Rupt-Sur-Moselle Redditch Solihull Sunderland Warwick HUNGARY Shanghai Guangzhou Beijing Changchun Changshu Changshu Chengdu Chongqing Dalian Dongguan Foshan Gongzhuling Guangzhou Hangzhou Kunshan Nanchang Nanjing Ningbo Shanghai Shenyang Wuhan Wuhu Xiangyang Yangzhou Zhengzhou
Innovative solutions
Materials & Processes
Focused mainly on weight
reduction to minimize
CO
2emissions and the use of green
materials (recyclable/recycled)
Industrial flexibility
Innovative processes to produce
different functions. Adapting to
meet evolving market demands
with minimum investment
Smart Interiors
Supporting our customers’
brand strategy is key to end
user experience and perceived
quality based on customization
30
Research, Development and Innovation
Total effort in R&D&i
Grupo Antolin filled over 1,670 patent applications related to 455 technical processes
Number of engineers
% sales
Spain Row
* 2013 restated according IFRS 10 and 11 (mandatory application 1 January 2014)
300 322 313 316 314 250 315 335 481 560 0 200 400 600 800 1000 2010 2011 2012 2013 2014 0 1 2 3 2010 2011 2012 2013 2013 2014 2.7% 2.6% 2.6% 2.9% 2.8% 3.1%
* 2013 restated according IFRS 10 and 11 (mandatory application 1 January 2014)
31
Global full service supplier to OEMs
• Global solutions adapted to our clients
• Taking account the whole project life cycle
• Covering any time-slot
• 24 Design & Simulation centers
Diversity
3327,953
Employees
37.9
Average age
35,72
Porcentaje de mujeres
29
Native languages
60
Nacionalidades
35.7
Percentage of women
61
Nationalities
Workforce increasing
34
Aggregate average workforce
11,788 12,649 14,374 14,833 15,260 12,693 0,000 5,000 10,000 15,000 20,000 25,000 30,000 2010 2011 2012 2013 2014*
* 2014 Aggregate workforce with Magna
Spain 9% Rest of Europe 45% North America 26% Asia-Pacific 14% South America 3% Africa 3% 27,953
CSR action principles
CSR in figures
37
2004
Grupo Antolin became “Global Compact
network” partner
93.04%
5
100%
11%
35%
3
year in a row graded
Advance level in
Progress report Global Compact
acceptance of
Ethics & Conduct Code
years collaborating with clients on CSR
issues
chain of supply qualified with responsible criteria/guideline worldwide reduction of work-related accidents frequency index in 2014 of dangerous waste reduction in 2014
rd
2010
launch of the Grupo Antolin Ethical Management Code
2.87%
satisfaction index (over 4) in the Employee Climate
Survey near 90% participation
2014-16
Green Program: campaign to minimize the
environmental impact of the products and processes