際際滷

際際滷Share a Scribd company logo

Axel Springer - NOAH12 London

Marco Rodzynek
Marco Rodzynek

Axel Springer卒s Internet Strategy: Presentation by Dr. Jens M端ffelmann, Head of Electronic Media of Axel Springer at the NOAH 2012 Conference in London, Old Billingsgate on the 7th of November 2012.

1 of 16
Axel Springer's Internet Strategy Dr. Jens M端ffelmann, Head of Electronic Media London, November 7, 2012
Axel Springer's Internet Strategy Execution / Value Creation Dr. Jens M端ffelmann, Head of Electronic Media London, November 7, 2012
Axel Springer about a decade ago With regard to Europes largest press ... the chaotic web- electronic media, conglomerate a mere sandbox of Springer... Springer is completely internet midget. At least underdeveloped they have a strategy now May 1999 October 2000 May 2000 3
We want to be the winners of digitization in the European media business. Mathias D旦pfner, CEO Axel Springer AG since 2002
Attack since 2006 Organic Organic 89 By acquisition 57 Divestments 8 138 2006 2007 2008 2009 2010 2011 2012 By acquisition 5
Joining forces with General Atlantic 30% 70% Axel Springer Digital Classifieds 6
Joining forces with General Atlantic 30% 70% Axel Springer Digital Classifieds 11.3% 6
We believe in partnerships Corporates Private Equity / Founders Venture Capital 7
Pushing for market leadership Market position Market position in acquisition year 2012 (DE) 2006: #5 (Europe) 2007: #2 (UK) 2009: #3 (DE) 2009: #2 (DE) 2010: # 3 8
Portfolio of market leaders Women portal Infotainment portal Price comparison Affiliate marketing Car and motor community Finance portal Real-estate marketplace Online prospectus/ coupons Soccer community Financial web applications Job board Affiliate marketing UK 9
Digital reach in Europe European media peers in million unique visitors 76.0 46.1 33.3 31.2 28.7 24.6 22.1 21.4 16.1 9.8 Source: comScore top 100 properties, September 2012 10
Digital Media: top-line / bottom-line Revenues in m 962 EBITDA in m 158 712 86 470 378 43 208 21 14 24 1 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 11
Our principles as digital shareholder Operational independency of management Maintaining growth momentum Realistic view on synergy potential Retaining founders / management Slim holding structure No colonial masters, no smart-ass habits No cultural clash 12
What we are looking for as an investor Strategic fit: where we can provide leverage Proven and scalable business models Clear path to profitability / profitable businesses Experienced management / commitment Reasonable valuation jens.mueffelmann@axelspringer.de 13
- w . a-o f ec. m w wn hc n r e o o en c - wt ro n ac n r c ti . m/o ho f e e tc e en - w .cb o. m/O H o f ec w wf e o k o N A C n r e a c en
- w . a-o f ec. m w wn hc n r e o o en c - wt ro n ac n r c ti . m/o ho f e e tc e en - w .cb o. m/O H o f ec w wf e o k o N A C n r e a c en

More Related Content

Axel Springer - NOAH12 London

  • 1. Axel Springer's Internet Strategy Dr. Jens M端ffelmann, Head of Electronic Media London, November 7, 2012
  • 2. Axel Springer's Internet Strategy Execution / Value Creation Dr. Jens M端ffelmann, Head of Electronic Media London, November 7, 2012
  • 3. Axel Springer about a decade ago With regard to Europes largest press ... the chaotic web- electronic media, conglomerate a mere sandbox of Springer... Springer is completely internet midget. At least underdeveloped they have a strategy now May 1999 October 2000 May 2000 3
  • 4. We want to be the winners of digitization in the European media business. Mathias D旦pfner, CEO Axel Springer AG since 2002
  • 5. Attack since 2006 Organic Organic 89 By acquisition 57 Divestments 8 138 2006 2007 2008 2009 2010 2011 2012 By acquisition 5
  • 6. Joining forces with General Atlantic 30% 70% Axel Springer Digital Classifieds 6
  • 7. Joining forces with General Atlantic 30% 70% Axel Springer Digital Classifieds 11.3% 6
  • 8. We believe in partnerships Corporates Private Equity / Founders Venture Capital 7
  • 9. Pushing for market leadership Market position Market position in acquisition year 2012 (DE) 2006: #5 (Europe) 2007: #2 (UK) 2009: #3 (DE) 2009: #2 (DE) 2010: # 3 8
  • 10. Portfolio of market leaders Women portal Infotainment portal Price comparison Affiliate marketing Car and motor community Finance portal Real-estate marketplace Online prospectus/ coupons Soccer community Financial web applications Job board Affiliate marketing UK 9
  • 11. Digital reach in Europe European media peers in million unique visitors 76.0 46.1 33.3 31.2 28.7 24.6 22.1 21.4 16.1 9.8 Source: comScore top 100 properties, September 2012 10
  • 12. Digital Media: top-line / bottom-line Revenues in m 962 EBITDA in m 158 712 86 470 378 43 208 21 14 24 1 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 11
  • 13. Our principles as digital shareholder Operational independency of management Maintaining growth momentum Realistic view on synergy potential Retaining founders / management Slim holding structure No colonial masters, no smart-ass habits No cultural clash 12
  • 14. What we are looking for as an investor Strategic fit: where we can provide leverage Proven and scalable business models Clear path to profitability / profitable businesses Experienced management / commitment Reasonable valuation jens.mueffelmann@axelspringer.de 13
  • 15. - w . a-o f ec. m w wn hc n r e o o en c - wt ro n ac n r c ti . m/o ho f e e tc e en - w .cb o. m/O H o f ec w wf e o k o N A C n r e a c en
  • 16. - w . a-o f ec. m w wn hc n r e o o en c - wt ro n ac n r c ti . m/o ho f e e tc e en - w .cb o. m/O H o f ec w wf e o k o N A C n r e a c en