Slide 1: Presentation of the results for the first quarter of 2018
Presentation of the results for the first quarter of 2018 May 30, 2018
Slide 2: Representatives
2 Representatives Daniel Janusz Piotr Wielesik president of the board member of the board
Slide 3: The most important events of the first quarter of 2018
The most important events of the first quarter of 2018 The most important events of the first quarter of 2018 Directions of sales development Project Tanzania Financial results for the first quarter of 2018 Foreign markets Strategy Summary 3
Slide 4: The most important events of the first quarter of 2018
The most important events of the first quarter of 2018 On the level of financial results, the first quarter of 2018 brought nearly 41%. increase in sales revenues compared to the same period last year. In addition, potential future contracts allow optimism to assess perspectives of subsequent peri
Slide 5: Project Tanzania
Project Tanzania The most important events of the first quarter of 2018 Directions of sales development Project Tanzania Financial results for the first quarter of 2018 Foreign markets Strategy Summary 5
Slide 6: FEERUM in Africa
FEERUM in Africa USD 33.1 million is the value of the contract under which FEERUM will build five silo complexes in the United Republic of Tanzania and revitalize existing storage facilities. In total, in the 51 silos, it will be possible to store over 190,000 m3 of grain. The investment is financed
Slide 7: Project Tanzania - advanced works
Project Tanzania - advanced works No. Scope of work Songea Shinyanga Dodoma Mbozi Makambako 1 geodetic determination of silos and accompanying infrastructure ● ─ ● ● ● 2 execution of detailed geological surveys ● ● ● ● ● 3 water and sewage connection ● ● ● ● ● 4 power connection ● ● ● ● ● 5 distribu
Slide 8: Six months of work
Six months of work The branch of the company, FEERUM Tanzania Branch, is registered and operated in accordance with Tanzanian law. He obtained all the licenses and permits required for the implementation of the silo construction project. The branch is managed by a local manager who is supervised o
Slide 9: Detailed geological surveys
9 Detailed geological surveys Illustration 1 Illustration 2 Illustration 3 Illustration 4 Illustration 5 Illustration 6
Slide 10: Preparatory work
Preparatory work Immediately after the completion of the gating of the squares, we began foundation works for containers, which will provide social and office facilities (35 pieces). In all locations it was necessary to make an electrical connection and build a distribution station for the existin
Slide 11: Preparatory work
11 Preparatory work Illustration 1 Illustration 2 Illustration 3 Illustration 4 Illustration 5 Illustration 6
Slide 12: We have completed over 48% of deliveries in the field of machinery and equipment
We have completed over 48% of deliveries in the field of machinery and equipment complexes The company purchased the necessary materials for production - galvanized steel, fasteners, gears, motors, bearings, belts and tapes, and reinforcing steel. At the moment, about 60% has been produced, and more
Slide 13: Unloading containers
13 Unloading containers Illustration 1 Illustration 2 Illustration 3 Illustration 4 Illustration 5 Illustration 6
Slide 14: Elements of complexes on construction sites
14 Elements of complexes on construction sites Illustration 1 Illustration 2 Illustration 3 Illustration 4 Illustration 5 Illustration 6
Slide 15: Connection of concrete plants
15 Connection of concrete plants
Slide 16: Setting containers for residential and office purposes
16 Setting containers for residential and office purposes
Slide 17: Container finishing for residential and office purposes
17 Container finishing for residential and office purposes Illustration 1 Illustration 2 Illustration 3 Illustration 4 Illustration 5 Illustration 6
Slide 18: Container roofing
18 Container roofing
Slide 19: Leveling of land
19 Leveling of land
Slide 20: Transfer of construction sites
20 Transfer of construction sites Songea Dodoma
Slide 21: Transfer of construction sites cont.
21 Transfer of construction sites cont. Makambako Mbozi
Slide 22: Project Tanzania – timeline
22 Project Tanzania – timeline Most important dates Tender June 2016
Slide 23: Tanzania Project Timeline
23 Tanzania Project Timeline Entry into force of Takeover of the the contract Obtaining building Shinyanga permits construction site Registration FEERUM Tanzania Branch / office Acquisitions of opening in Dar es Transport - firstparts construction sites - Salaam four locations October/November 2016
Slide 24: Termination of the contract
24 Termination of the contract 2019
Slide 25: Africa - production of cereals present and forecast
Africa - production of cereals present and forecast Forecasted increase in demand for cereals - by 2050 Currently, 40% of food produced in Africa is actual yield of area of arable growth of arable wasted due to poor population in population in demand for grain in maize (2003 - fields (2010; fields
Slide 26: Obszar Zakupów
Obszar Zakupów Developing a procurement and logistics strategy Successfully implemented pneumatic powered related to the implementation of contracts in devices for current production and offer Tanzania along with the selection of the main Technological changes in the area of butyl seals for ensure a
Slide 27: Financial results for the first quarter of 2018
Financial results for the first quarter of 2018 The most important events of the first quarter of 2018 Directions of sales development Project Tanzania Financial results for the first quarter of 2018 Foreign markets Strategy Summary 27
Slide 28: Sales revenues (PLN thous.)
Sales revenues (PLN thous.) I q. 2017 I q. 2018 30 000 The increase in revenues from sales was mainly due to the granting of EU subsidies from the 25 000 Agency for Restructuring and Modernization of Agriculture to 20 000 key clients 15 000 10 000 5 000 0 1 2 28 Source: Consolidated quarterly report
Slide 29: The revenue structure by sales directions
The revenue structure by sales directions Geographical structure of revenues I q 2018 I q 2017 change in thous. change in % Polska 6,0 16,0 -10 -62,5 Exsport 21,6 3,5 18 517,1 Total 27,6 19,5 8 41,5 The export growth was mainly driven by sales on Eastern European markets (Ukrainian and Lithuanian)
Slide 30: The basic financial results for the first quarter of 2018
The basic financial results for the first quarter of 2018 thous. PLN I q. 2018 I q. 2017 change in thous. change in % Sales revenues 27 583 19 507 8 076 41% Gross profit from sales 4 946 4 503 443 9,8% Gross margin on sales 17,9 23 - 5,1 p.p. EBITDA 7 159 4 343 2 816 64,8% EBITDA profitability 26,0
Slide 31: The structure of the balance sheet as at 31 March 2018
The structure of the balance sheet as at 31 March 2018 Assets Liabilities Main items: Main items: Commitment Short-term liabilities due to Rotary deliveries and services – Financial stocks – 59,1 mln PLN 104,7 mln PLN 103,7 mln PLN 29,1 mln PLN Receivables – 39,2 mln PLN (49,6%) Cash flow –
Slide 32: Foreign markets
Foreign markets The most important events of the first quarter of 2018 Directions of sales development Project Tanzania Financial results for the first quarter of 2018 Foreign markets Strategy Summary 32
Slide 33: Foreign markets
Foreign markets The company observes a constant demand for elevators, both on the domestic market and abroad. The current order portfolio includes 39 contracts worth approximately PLN 132.9 million with the completion date in 2018-2019. The Company showed the highest activity abroad on the Eur
Slide 34: Foreign markets
Foreign markets We are active on the Romanian market, where we have already completed the first projects. The commercial activities undertaken with the participation of two intermediaries resulted in the submission of bids totaling over PLN 5 million. As in other EU countries, a significant part o
Slide 35: Strategia
Strategia The most important events of the first quarter of 2018 Directions of sales development Project Tanzania Financial results for the first quarter of 2018 Foreign markets Strategy Summary 35
Slide 36: Strategy
Strategy Obtaining an important player position on the international arena Dynamic increase in the scale of operations Modern technologies and Sales to the domestic expansion of the market and foreign markets production base Strenghtening sales Intensification of Investments in Expansion of the netw
Slide 37: Strategy
Strategy The most important events of the first quarter of 2018 Directions of sales development Project Tanzania Financial results for the first quarter of 2018 Foreign markets Strategy Summary 37
Slide 38: Improving the production process - the idea of Industry 4.0 integrated B2B system
38 Improving the production process - the idea of Industry 4.0 integrated B2B system Thanks to the use of a uniform software plane SolidWorks and IMPULS ERP are possible: Full integration of the construction stage, machinery and equipment as well as the design of facilities SolidWorks Integration wi
Slide 39: FEERUM after the first quarter of 2018
39 FEERUM after the first quarter of 2018 High contracted and potential order book for 2018-2019; Good market prospects Realization of over 48% of supplies to Tanzania in the field of machinery and equipment complexes Nearly 41% increase in revenues from sales y / y Innovative on a global scale prod
Slide 40: FEERUM S.A. contact details
FEERUM S.A. 6 Okrzei Street 59-225 Chojnów Poland +48 76 81 96 738 +48 76 81 88 485 sekretariat@feerum.pl www.feerum.pl
Slide 41: Reservation
Reservation This study has been prepared solely for information purposes. It does not constitute advertising or offering securities in public trading. The study uses information sources that FEERUM S.A. considers it credible and accurate, but there is no guarantee that it is comprehensive and fully