Polimex - Mostostal Sa · GPW:PXM
Polimex - Mostostal Sa — Q1 2025 Earnings Presentation
40 slides from Polimex - Mostostal Sa's earnings presentation, May 26, 2025
Slide 1: Financial Results for Q1 2025
Warsaw, 26 May 2025 FINANCIAL RESULTS FOR Q1 2025 POWER SECTOR For almost 80 years, the Polimex Mostostal Capital Group has been among the largest Polish engineering and construction OIL, GAS AND CHEMICALS groups in Europe. We support the energy security and economic INDUSTRIAL AND GENERAL developme
Slide 2: Let's Build the Future Together
Polimex Mostostal S.A. is one of the largest Polish engineering and construction companies. A general contractor in the field of industrial and infrastructure construction. The company implements specialized investments in Poland and abroad for the energy, petrochemical, gas, and environmental prote
Slide 3: Agenda
Agenda 01. About the Polimex Mostostal Capital Group 02. Business segments and selected ongoing projects 03. Order portfolio of the Polimex Mostostal Capital Group 04. Financial results of the Polimex Mostostal Capital Group 3
Slide 4: Notarial Deed No. 1186/45 – the beginning of it all
First Quarter 2025 Report Notarial Deed No. 1186/45 – the beginning of it all Since 1945, we have been building on solid foundations. On September 10, 1945, in post-war Warsaw, before notary Antoni Szymański and by decision of the Ministry of Industry, the founding act of one of the most important i
Slide 5: About us
About us We build the value of the RESPONSIBLE GENERAL Company for our BUSINESS PARTNER CONTRACTOR shareholders by ESG conducting business Polimex Mostostal Capital By making full use of the in key areas Group conducts its business Company's resources, i.e. of the economy activities in well-qualifie
Slide 6: Safety Leader
SAFETY LEADER The Golden Card of Safe Work Leader reward for 2024-2025 is both a reward and a commitment to further continually act on the safety and health of our employees and colleagues in all areas of our business. ZERO ACCIDENTS is our goal. SAFE WORK LEADER Polimex Mostostal effectively combin
Slide 7: Management Board
Jakub Stypuła President of the Management Board Marzena Hebda-Sztandkie Management Board - Vice President of Finance Polimex Mostostal S.A. Management Board Office aleja Jana Pawła II 12, 00-124 Warszawa WWW.POLIMEX-MOSTOSTAL.PL Mirosław Sołtysiak - Vice President of Operations 7
Slide 8: Main Companies of the Capital Group
Main Companies of the Polimex Mostostal Capital Group (PxM CG) Operates in all industries, from petrochemicals and chemicals to power generation, coking and environmental protection in Poland and the other EU countries. This company is the undisputed leader in the construction of liquid fuel tanks.
Slide 9: Main Companies of the Capital Group
Main Companies of the Polimex Mostostal Capital Group (PxM CG) Offers comprehensive services in the industrial and general construction sector. Depending on the scale of the project, we act as a general contractor or in consortia, with leading companies in the energy and industrial sectors. A contra
Slide 10: Main Companies of the Capital Group
Main Companies of the Polimex Mostostal Capital Group (PxM CG) A production and construction company specializing in the design and manufacturing of reinforced concrete precast elements for the industrial, infrastructure, energy, and building sectors, also offering comprehensive investment support i
Slide 11: Shareholding Structure of Polimex Mostostal S.A.
First Quarter 2025 Report Shareholding Structure of Polimex Mostostal S.A. 161 900 097 shares 64,92% 16,23% 16,23% 16,23% 16,23% 35,08% Other shareholders holding less than 5% of shares 87 468 705 shares PGE Polska Grupa ENEA S.A. ENERGA S.A. 35,08% Energetyczna S.A. with its registered with its reg
Slide 12: Almost 5,000 Employees
First Quarter 2025 Report Employment in the Capital Group Polimex Mostostal Capital Group employs a wide range of specialists – from highly qualified engineers and project managers to technicians and manual workers across various areas of construction.: ALMOST 5,000 EMPLOYEES ▪ Engineers, designers
Slide 13: Business Segments and Selected Ongoing Projects
Business Segments and Selected Ongoing Projects 13
Slide 14: Power Sector
energy facilities on a "turnkey" basis power sector turnkey energy facilities in Poland and in the European Union, renovation and providing a comprehensive range of services EXPERIENCE modernisation starting from design, completion of deliveries PROFESSIONALISM construction and assembly works, commi
Slide 15: Strategic project: Siechnice, Rybnik, Baltica
Strategic project: Siechnice, Rybnik, Baltica Siechnice New Combined Heat and Power Plant EC Czechnica at ZEW KOGENERACJA S.A Total contract value: PLN 1,159 billion nett. PAC – 21.05.2025 Construction of a gas-steam unit Rybnik for Rybnik 2050 - PGE Group company Total contract value: PLN 3,05 bill
Slide 16: Oil, Gas, Chemicals
a high and stable level of quality of works oil, gas, general contractor chemicals for tanks we have specialized and extensive expertise for liquid fuels in specialist, investment, modernisation and OIL, CHEMICALS, GAS in Poland renovation services for the petrochemical and refinery industry, the ch
Slide 17: Strategic project: Olefiny – Nowa Chemia, Tłocznia Kętrzyn
Strategic project: Olefiny – Nowa Chemia, Tłocznia Kętrzyn Olefiny PACKAGE K-003 of the OSBL expansion package for the Olefins plant Total contract value: PLN 3.9 billion nett. Kętrzyn Construction of a rapeseed oil pressing plant in Kętrzyn for Orlen Południe S.A. Total contract value: PLN 0,706 bi
Slide 18: Industrial Construction
comprehensive implementation of investments industrial wind farms construction PV farms comprehensive implementation of construction projects and installations from design through material deliveries PROFESSIONALISM THE investments and equipment, construction and assembly works HIGHEST STANDARDS in
Slide 19: Strategic project: PANOPTIKUM Lesznowola, LOT AMS Rzeszów-Jasionka
Strategic project: PANOPTIKUM Lesznowola, LOT AMS Rzeszów-Jasionka Lesznowola Central Warehouse of Museum Collections with a park and the necessary infrastructure PANOPTICUM Total contract value: PLN 117,3 million nett. Rzeszów Design and construction of a LOT AMS aircraft maintenance base at the Rz
Slide 20: Infrastructure and Enclosed Buildings
We offer comprehensive infrastructure implementation of projects which are complex from organisational and technical side and enclosed buildings road infrastructure and bridges, Infrastructure and enclosed buildings is part and enclosed buildings, parcel of the Capital Group's history thanks to DESI
Slide 21: Strategic project: Northern Port in Gdańsk, Lubiatowo – Expressway S6
Strategic project: Northern Port in , Lubiatowo – Expressway S6 Port Północny Construction of the Road System in the Area of the Northern Port in Gdańsk Total contract value: PLN 70 mln nett. Lubiatowo Construction of the National Road on the Section Lubiatowo – Expressway S6 Task 1: Lubiatowo – Voi
Slide 22: Renewable Energy Construction
Comprehensive renewable construction of wind and photovoltaic farms from design to commissioning energy Production of components for construction photovoltaic, wind, The company has been involved in the construction PHOTOVOLTAIC and offshore farms. and production of wind farm elements for years. WIN
Slide 23: Photovoltaic Farms PV Żółtańce, PV Krotoszyn
Renewable energy projects: Photovoltaic Farms PV Żółtańce, PV Krotoszyn Żółtańce Żółtańce 1, 2, 3 Photovoltaic Farms Each with a capacity of up to 5 MW Client: PGE Energia Odnawialna S.A. Total contract value: PLN 46 million nett. Krotoszyn PV Krotoszyn with a capacity of up to 5 MW Client: PGE Ener
Slide 24: Wind Farms Zaklików and Żnin-Damasławek
Renewable energy projects: Wind Farms Zaklików i Żnin - Damasławek Zaklików Zaklików Wind Farm GreenVolt Power Location: Zaklików Municipality Turbines: 5 units of Vestas V110, 2 MW each Total Capacity: 10 MW Total contract value: PLN 18.4 million nett Żnin-Damasławek Żnin-Damasławek Wind Farm Eurow
Slide 25: Manufacturing
steel structures, gratings, pallets manufacturing a diversified offer in the manufacturing segment in the Siedlce, Rudnik nad Sanem and Sokołów Podlaski construction supports, manufacturing plants includes: special steel production and supply of steel structures, and aluminium specialized aluminium
Slide 26: Key Products
Production capacity of the Polimex Mostostal Capital Group Key products ▪ The largest manufacturer of steel structures in Poland. ▪ The largest producer of welded and pressed platform gratings in Poland and the third largest in Europe. ▪ Key manufacturer and supplier of pallets, containers, racks an
Slide 27: Energy Nuclear
Production of nuclear power plant structures – Mostostal Siedlce is listed as a supplier for Bechtel and Westinghouse. energy site preparation nuclear EXPERIENCE and construction works Polimex Mostostal Capital Group has the most experience PROFESSIONALISM in the construction of power units in Polan
Slide 28: New Projects as of 01.01.2025
New projects as of 01.01.2025 Net amounts in PLN shown as the share of the PxM CG Construction of a national road on the section Lubiatowo – S6 expressway. Task 1: Lubiatowo – provincial road No. 213 (contract value: PLN 144,6 million), Client: Generalna Dyrekcja Dróg Krajowych i Autostrad (Poland)
Slide 29: Projects implemented by PxM CG from 2012
Strategic project: Projects implemented by PxM CG from 2012 r. PxM CG strategic projects implemented since 2012 – timeline Olefiny Baltica Kętrzyn Rybnik Czechnica Puławy Dolna Odra Opole Żerań Kozienice 2 012 2 013 2 014 2 015 2 016 2 017 2 018 2 019 2 020 2 021 2 022 2 023 2 024 2 025 2 026 2 027
Slide 30: Order Backlog of the Capital Group
Order backlog of the Polimex Mostostal Capital Group Quarterly data for 2024–2025 in billion PLN 8,5 8,1 7,6 7,4 7,1 2024 2024 2024 2024 2025 MARCH JUNE SEPTEMBER DECEMBER MARCH Order backlog after completion of Q1 2025, in million PLN POWER OIL, GAS AND PRODUCTION INDUSTRIAL AND INFRASTRUCTURE SECT
Slide 31: Over PLN 22 billion in tenders
over PLN 22 billion This is the value of projects currently being tendered and those in the process of being prepared for tender submission by companies from the Polimex Mostostal Capital Group.
Slide 32: Selected Financial Data
Selected Financial Data Discussion of the Income Statement, Balance Sheet, and Cash Flow Statement Analysis of Selected Indicators 32
Slide 33: Selected Financial Data (PLN million)
Financial results of the Polimex Mostostal Capital Group for Q1 2025 Selected Financial Data (PLN million) Polimex Mostostal Capital Group 50 60 30 900 875 52 27 +45% 39 50 25 850 40 800 40 20 30 30 15 750 20 20 10 700 10 5 650 10 603 1 0 0 600 0 QI 2024 QI 2025 QI 2024 QI 2025 -5 550 -10 -10 -9 -10
Slide 34: Selected Financial Data Over the Last 5 Years
Financial results of the Polimex Mostostal Capital Group for Q1 2025 Selected Financial Data (PLN million) Over the Last 5 Years Polimex Mostostal Capital Group OPERATING REVENUE OPERATING PROFIIT EBITDA NET PROFIT 1 000 50 60 30 27 860 875 52 23 900 825 39 25 40 50 19 800 20 29 700 30 40 15 603 22
Slide 35: Selected Segment Results (in PLN million)
Financial results of the Polimex Mostostal Capital Group for Q1 2025. Selected Segment Results (in PLN million) Revenues of PxM CG EBITDA of PxM CG Revenues of PxM CG Segments Segments Domestic/Abroad 1 000 60 2 1 000 2 COMMENT 43 2 900 900 ▪ The highest sales revenues were 50 achieved in the Oil, G
Slide 36: Financial Results of the PxM CG for Q1 2025 – Net Debt
Financial results of the Polimex Mostostal Capital Group for Q1 2025. Financial Results of the PxM CG for Q1 2025 Net debt* 1H 2024 r. 3Q 2024 r. 2024 r. 1Q 2025 r. 0 120% -100 100% -200 80% -222 -300 60% -302 -341 -400 40% -500 20% -506 -600 0% Net debt Comment: The Polimex Mostostal Capital Group
Slide 37: Summary of Results for Q1 2025
First Quarter 2025 Report Summary of Results for Q1 2025 ▪ PLN 27 million net profit for Q1 2025 – an increase of PLN 39 million year-on-year (y/y) ▪ PLN 875 million in sales revenue for Q1 2025 – an increase of PLN 272 million (+45% y/y) ▪ Order backlog as of 31 March 2025 with a value of PLN 7.1 b
Slide 38: Versatility, Experience – Construction Leader
Versatility WWW. POLIMEX-MOSTOSTAL.PL Polimex Mostostal operations • CONSTRUCTION LEADER focus on four areas: energy, • PLN 7.1 BILLION ORDER BOOK oil, gas and chemicals, as well as industrial construction and • 80 YEARS OF ACTIVITY manufacturing. • 5,000 EMPLOYEES • 5 CONTINENTS • 70 COUNTRIES Expe
Slide 39: Legal Notice and Disclaimer
Polimex Mostostal Capital Group Legal Notice and Disclaimer “This material does not constitute and should not be construed as an offer, solicitation, or invitation to acquire any securities of Polimex Mostostal S.A. (the “Company”) in any form. It should not, in whole or in part, serve as a basis fo
Slide 40: Thank You
THANK YOU We bet on honesty, transparency, mutual respect and professionalism. The idea of whether we are doing enough for society and the environment is at the onset of our every action. This is the foundation of our daily work. WWW.POLIMEX-MOSTOSTAL.PL 40