Infortar As · OMXTSE:INF1T
Infortar As — AS Infortar — Q1 2024 Earnings Presentation
15 slides from Infortar As's earnings presentation, May 6, 2024
Slide 1: Q1 2024 of AS Infortar
INFORTAR Q1 2024 of AS Infortar 6 May 2024
Slide 2: Today's presenters
Today's presenters INFORTAR Martti Talgre Kadri Laanvee Managing Director Head of Investor Relations
Slide 3: Infortar group at a glance
1997 • • EUR 1 085 million • EUR 143 million • • EUR 294 million • EUR 1 462 million • • • EUR 822 million • 6 • •
Slide 4: Q1 2024 highlights
Q1 2024 Real estate ¢ Highest energy sales volumes and market share in history ¢ Strong recovery in infrastructure segment Finnish gas supply secured, Balticconnector opened Profitable Q1 Strong financial position Low leverage Expansion of Tallink's logistics center completed, added rental area 3 80
Slide 5: Q1 2024 financial results
012024 INFORTAR Milions of euros = == 6 6lCREE }2months 2023] Revenue 1085 7% 72% EBITDA 74 53 41 143 40% 80% Net profit (EBIT) 68 50 38 124 36% 79% Total profit 62 47 24 294 32% 158% Earnings per share, in euros 2,9 2,2 11 13.9! Assets 1399 1053 912 1461 33% 53% Including cash and cash eqvivalents
Slide 6: Financial Performance Dynamics for 2020-2024
INFORTAR Financial Performance Dynamics for 2020-2024 Dynamics of Assets and Equity, Million Euros Dynamics of Revenue and EBITDA, Million Euros Average asset growth, 2020-2023: 28% Average revenue growth, 2020-2023: 73% Average equity growth, 2020-2023: 30% Average EBITDA growth, 2020-2023: 58% ‘46
Slide 7: Energy: Infortar's investment rationale
INFORTAR ENERGY Infortar’s investment rationale Geographic expansion of proven business models Balanced investments in transitional and renewable energy Robust synergies between the existing and new businesses
Slide 8: Key energy supplier in the region
Key energy supplier in the region elenger | eesti gaas Revenue, EURm 1014 1025 | | 336 358 Yd 2022 2023 Q123. Q124 EBITDA, EURm 14.136 50 73 | a 2022 2023 Q123. Q124 Market share of Eesti Gaas 94 14% 25% 179% 26% a oe 2022 2023 Q123 Q124 Energy sales volumes, TWh 8) 81 43 a hCUu | 2019 2020 a 2021 2
Slide 9: Shipping: Infortar's investment rationale
SHIPPING Infortar’s investment rationale Strong market position in the Baltic Sea region creates “= — attractive long-term investment thesis YY YL Crisis forged agile business operations aw) Significant synergies with other Group operations
Slide 10: Long term debt, overdraft and net debt to EBITDA
900 84.2 90 800 80 700 70 600 16 60 500 50 400 40 746 663 300 587 555 30 539 476 200 20 11.2 5.4 100 3.1 10 2.8 2.6 0 0 31.12.2019 31.12.2020 31.12.2021 31.12.2022 31.12.2023 31.03.2024 Long term debt Overdraft Net debt to EBITDA
Slide 11: Shipping passengers, cargo, revenue and EBITDA
Number of passengers (in millions) Cargo volume (in thousand units) 10 9.8 500 410 2.3 400 380 360 369 8 96 324 94 82 101 6 3.0 5.5 5.7 300 76 Q4 102 3.7 1.3 1,3 93 92 91 4 200 76 Q3 3.0 1.9 1.8 109 2.7 100 87 1.3 92 85 2 1.1 1.5 1.1 100 85 Q2 1.1 1.6 1.9 1.6 1.1 93 100 85 102 87 85 1.0 Q1 0 0 2019
Slide 12: Real estate: Infortar's investment rationale
INFORTAR REAL ESTATE Infortar’s investment rationale 72> . se . . Key Diversified and modern portfolio across various segments = Secure assets providing stable cash flow generation &%> Sustainable tenant base with long-term contracts
Slide 13: 66,000 square meters in development with building permit
66,000 square meters in development, for which a building permit has been issued • • • • 13
Slide 14: Infortar as an investment
Infortar as an investment 72s Diversified and expanding portfolio with strong asset base Xo” _ through prudent investments eA Further growth with focus on international expansion and finding new investment opportunities <==, Agile business mindset targeting shared value creation and synergies across
Slide 15: Q&A
INFORTAR Q&A