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Monday, March 06, 2017 8:59:33 AM
GKN's Q4 2016 Results - Earnings Call Transcript
The transcript is provided by SeekingAlpha.com - GKN's (GKNCF) CEO Nigel Stein on Q4 2016 Results - Earnings Call Transcript - Mar. 1, 2017
The GKN full year presentation - GKN plc - Results for the year ended 31 December 2016 - Nigel Stein | Chief Executive | 28 February 2017
Excerpts from the transcript:
Nigel Stein - Chief Executive
Additive manufacturing is another area important for the future of GKN with both our aerospace and powder metallurgy divisions building technology expertise and real production experience.
We’re working with selected customers to deliver additive metallic components, manufacturing prototypes for customers as well as tooling for us in our own production plants.
As this picture of an aerospace hinged bracket illustrates, additive technology brings the ability to reengineer optimized components giving weight savings in this example of 42% important in aerospace and increasingly with electrification in cars too.
______________________________________________________________
Nigel Stein - Chief Executive
Kevin, do you want to add something because additive is not just sometimes [indiscernible] and Kevin you want to talk a bit about that.
Kevin Cummings - CEO GKN Aerospace
Yes, I would say that certainly many companies – almost all companies that are involved in metallic structures at this point have to have this capability as it comes. We would project that somewhere over the next 15 to 20 years, about 40% to 50% of the current metallic parts in aerospace can become additive. And if you look at if we related that back to GKN that would be about 25% of our sales can be converted overall in the next 15 or 20 years. So it’s a technology that we have to be a leader at.
The transcript is provided by SeekingAlpha.com - GKN's (GKNCF) CEO Nigel Stein on Q4 2016 Results - Earnings Call Transcript - Mar. 1, 2017
The GKN full year presentation - GKN plc - Results for the year ended 31 December 2016 - Nigel Stein | Chief Executive | 28 February 2017
Excerpts from the transcript:
Nigel Stein - Chief Executive
Additive manufacturing is another area important for the future of GKN with both our aerospace and powder metallurgy divisions building technology expertise and real production experience.
We’re working with selected customers to deliver additive metallic components, manufacturing prototypes for customers as well as tooling for us in our own production plants.
As this picture of an aerospace hinged bracket illustrates, additive technology brings the ability to reengineer optimized components giving weight savings in this example of 42% important in aerospace and increasingly with electrification in cars too.
______________________________________________________________
Nigel Stein - Chief Executive
Kevin, do you want to add something because additive is not just sometimes [indiscernible] and Kevin you want to talk a bit about that.
Kevin Cummings - CEO GKN Aerospace
Yes, I would say that certainly many companies – almost all companies that are involved in metallic structures at this point have to have this capability as it comes. We would project that somewhere over the next 15 to 20 years, about 40% to 50% of the current metallic parts in aerospace can become additive. And if you look at if we related that back to GKN that would be about 25% of our sales can be converted overall in the next 15 or 20 years. So it’s a technology that we have to be a leader at.
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