Atlas Arteria · ASX:ALX
Atlas Arteria — Macquarie Australia Conference 2021
14 slides from Atlas Arteria's conference presentation, May 6, 2021
Slide 1: Presentation to Macquarie Australia Conference
6 May 2021 ASX RELEASE Presentation to Macquarie Australia Conference Atlas Arteria (ASX:ALX) attaches the presentation that will be given today by Graeme Bevans (CEO) at the Macquarie Australia Investor Conference. ____________________________________________________________________________________
Slide 2: Macquarie Conference
Macquarie Conference 6 May 2021
Slide 3: Who is Atlas Arteria?
Atlas Arteria | Macquarie Securities Conference 2021 2 Who is Atlas Arteria? We leverage our strategic, operating and financial positions to create value for all stakeholders Global owner and operator of toll roads We have COMPLETELY Strategic position in APRR, a 2,300km road network in France TRANS
Slide 4: The current portfolio
Atlas Arteria | Macquarie Securities Conference 2021 3 The current portfolio Atlas Arteria Portfolio Warnow Dulles APRR ADELAC Tunnel Greenway 31.14% 31.17% 100% 100%2 2,318km 20km commuter 2.1km road 22km commuter motorway road connecting and tunnel in route into the network in Annecy to Rostock, g
Slide 5: How is Atlas Arteria executing its strategy?
Atlas Arteria | Macquarie Securities Conference 2021 4 How is Atlas Arteria executing its strategy? Strategic Framework The last 2 years have 1 Reduce legacy complexity to maximise our value POSITIONED US FOR GROWTH while there 2 Maximise operational efficiencies in existing businesses remains VALUE
Slide 6: In the last 2 years we have…
Atlas Arteria | Macquarie Securities Conference 2021 5 In the last 2 years we have… At the end of 2018 Now CONTINUED Costly and complex external management Fully internalised management team DELIVERY AGAINST STRATEGY to build $114m management costs in 2018 $24m management costs in 2020 resilience, g
Slide 7: The French Traffic Story
Atlas Arteria | Macquarie Securities Conference 2021 6 The French Traffic Story APRR a resilient road network APRR Traffic vs 2019 • Light vehicle traffic impacted by movement restrictions, bouncing back to pre-COVID - levels by the end of the European summer (4.3%) (2.5%) (3.4%) (2.7%) (2.1%) (2.1%
Slide 8: Growth of the APRR business
Atlas Arteria | Macquarie Securities Conference 2021 7 Growth of the APRR business 2006 APRR privatised 2014 2016 Management Contract Maurice Lemaire Tunnel merged with APRR Concession Toll increases (2014-2018) 10 months concession extension 2009 2015 2018 2019 Management Contract 2015 Stimulus Pac
Slide 9: The French Growth Story
Atlas Arteria | Macquarie Securities Conference 2021 8 The French Growth Story APRR well positioned to support governments as they look to reinvigorate the economy • APRR is positioned as a solution provider for all levels The 2018 Infrastructure Agenda of government Indicative Project Value 2018 In
Slide 10: The US remains a work in progress, with potential
Atlas Arteria | Macquarie Securities Conference 2021 The US remains a work in progress, with potential • Capability ‒ Pierce Homer as a board member (Nov 2019) ‒ Renee Hamilton as the new CEO (June 2020) ‒ Growing understanding of traffic and mobility trends • Relationships ‒ Community ‒ Government
Slide 11: The US Opportunity
Atlas Arteria | Macquarie Securities Conference 2021 10 The US Opportunity Performance at the Greenway is currently constrained, but there remains opportunity to release value The Current Situation The Opportunity The Greenway is in lock-up under its debt facilities – Sufficient cash flow available
Slide 12: Attractive Investment Proposition
Atlas Arteria | Macquarie Securities Conference 2021 11 Attractive Investment Proposition Realisation of further turn-around value still to come Strong growth potential within and external to the current portfolio A uniquely experienced team and culture, with a proven track record of executing compl
Slide 13: Thank You
Atlas Arteria | Macquarie Securities Conference 2021 12 Thank You Q&A Photo of APRR, source: APRR
Slide 14: Important Information
Atlas Arteria | Macquarie Securities Conference 2021 13 Important Information Disclaimer Forward Looking Statements No Offer The information in this presentation is given in good faith and This presentation may contain forward-looking statements This presentation does not constitute an offer to sell