Cementir Holding N.v. · MIL:CEM
Cementir — Cemetir Holding — 9M 2021 Earnings Presentation
11 slides from Cementir's earnings presentation, Nov 11, 2021
Slide 1: Cementir Holding N.V. 2021 Nine Months results
Cementir Holding N.V. 2021 Nine Months results November 11th, 2021 Naturalis Biodiverity Center, Leiden, The Netherlands (Architect: Neutelings Riedijk Architects - Photo: Scagliola Brakkee) Conference call | 11 November 2021
Slide 2: 2021 Nine Months results highlights
2021 Nine Months results highlights • Revenues reached 1,008.3 M€ (+12.4%) from 2020 − Cement volumes up by 8.2% driven by Turkey, Denmark and Belgium − Aggregates volumes up 9.9% and RMC volumes up 20.6% • EBITDA reached 215.1 M€ (+20.8%) − Improved results in Turkey, Belgium, and to a lesser exten
Slide 3: Nordic & Baltic
Nordic & Baltic • Denmark 41% 51% − Improved trading in all business lines. Domestic cement volumes up 7% due to increased market activity with avg. prices up in line with inflation − White cement exports up 6% due to higher deliveries to UK, Germany, and France Share of Share of Group Revenue Group
Slide 4: Belgium and France
Belgium and France (*) 18% 22% • Belgium • France Share of Share of Group Revenue Group Ebitda 9M 2021 9M 2021 − Cement volumes increased by 3%, thanks to favourable weather, market growth and 2020 comparable figures impacted by Covid19. Positive trend in Belgium and France while Netherlands was wea
Slide 5: North America
North America 8% 10% Share of Share of Group Revenue Group Ebitda • United States 9M 2021 9M 2021 − White cement volume growth of +6% mainly in Florida while York region (PA), California and Texas were in line with 2020, whose figures were impacted by Covid-19 − Revenue broadly unchanged due to slig
Slide 6: Asia Pacific
Asia Pacific 8% 7% • China − White cement and clinker sales volumes up 8%, thanks to several projects, despite bad weather in January and July 2021 Share of Share of Group Revenue Group Ebitda − EBITDA up by 16.1% driven by higher volumes and prices, 9M 2021 9M 2021 despite higher raw materials and
Slide 7: Turkey
Turkey 12% 6% Share of Share of Group Revenue Group Ebitda • Turkey (*) 9M 2021 9M 2021 − Cement sales increased by 63.5% in local FX, with cement volumes up by 8% (+17% domestic; - 23% export). In July and September volumes declined due to bad weather − Avg cement prices up in local currency EUR '0
Slide 8: Egypt
Egypt 3% 3% Share of Share of Group Revenue Group Ebitda 9M 2021 9M 2021 • Egypt − White cement domestic volumes increased by 20% − White export volumes increased by 30% EUR '000 9M 2021 9M 2020 Chg % − EBITDA increased by 6.5% due to higher volumes and export Revenue 37,789 31,279 20.8% prices and
Slide 9: 2021 Full Year Guidance
2021 Full Year Guidance • Revenues ~ 1.35 BN€ • EBITDA ~ 295-305 M€ • Net debt ~ 30 M€ • Capex ~ 95 M€ This forward-looking indication does not include new outbreaks of the Covid-19 pandemic in the coming months. The foregoing exclusively reflects the point of view of the company's management, and d
Slide 10: Consolidated Income Statement
Consolidated Income Statement (EUR million) 9M 2021 9M 2020 Chg % REVENUE FROM SALES AND SERVICES 1,008.3 896.8 12.4% Change in inventories (1.9) (9.0) n.m. Increase for internal work and other income 13.6 10.6 28.2% TOTAL OPERATING REVENUE 1,020.0 898.4 13.5% Raw materials costs (406.8) (341.4) 19.
Slide 11: Disclaimer and Other information
Disclaimer and Other information •This presentation has been prepared by and is the sole responsibility of Cementir Holding N.V. (the Investor Relations: “Company”) for the sole purpose described herein. In no case may it or any other statement (oral or otherwise) made at any time in connection here