Evn Ag · VIE:EVN

Evn — FY 2019/20 Earnings Presentation

14 slides from Evn's earnings presentation, Dec 16, 2020

  1. Slide 1: EVN conference call FY 2019/20 results

    EVN conference call FY 2019/20 results 16 December 2020

  2. Slide 2: Highlights FY 2019/20

    Highlights FY 2019/20  Sound Group net result: EUR 199.8m  Corona crisis − Selective negative influence on EVN’s operating results − Stabilising effects: integrated business model, diversified customer base  Strategy 2030: sustainable growth and performance improvement − Increase in renewable gen

  3. Slide 3: Key financials FY 2019/20

    Key financials FY 2019/20 FY 2019/20 +/-  Different developments in revenue EURm % Revenue 2,107.5 -4.4 − Positive trend from South East Europe and EBITDA 590.4 -6.5 international project business Depreciation and amortisation -296.7 -10.0 Effects from impairment tests − Decrease in thermal generat

  4. Slide 4: Solid balance sheet structure

    Solid balance sheet structure Net debt (EURm) and Gearing (%) 100% 1,037.7 963.7 999.5 80% 1,000 60% 500 40% 20% 22.8% 23.5% 22.0% 0 0% 30.09.2018 30.09.2019 30.09.2020  Increase of net debt includes effect of ~EUR 73m in connection with initial application of IFRS 16  Strong balance sheet as a ba

  5. Slide 5: EBITDA development by segments

    EBITDA development by segments Generation Energy Networks South East Europe Environment  Electricity generation  Return to positive  Negative volume and  Lower procurement  Y-o-y comparison below previous year earnings contributions tariff effects costs for grid losses influenced by positive 

  6. Slide 6: Generation

    Generation FY 2019/20 +/-  Decline in electricity generation Electricity generation volumes GWh % − Renewable generation lower y-o-y Total 3,083 -36.4 Renewable energy sources 1,888 -2.7 (additional wind capacity, but lower water Thermal energy sources 1,195 -58.9 flows) Key financial indicators EU

  7. Slide 7: Energy

    Energy Sales volumes to FY 2019/20 +/-  Different development of energy end customers % GWh sales volumes Electricity 8,463 6.6 Natural gas 4,839 -2.8 − Corona-related declines in electricity demand Heat 2,111 5.9 of industry were offset by new industrial Key financial indicators EURm customers Rev

  8. Slide 8: Networks

    Networks Network distribution FY 2019/20 +/-  Decline in network distribution volumes GWh % volumes Electricity 8,411 -1.2 Natrual gas 14,967 -5.5 − Decline in electricity consumption caused by Covid-19 (volume effects to be offset in Key financial indicators EURm future tariffs according to Austri

  9. Slide 9: South East Europe

    South East Europe Key energy business FY 2019/20 +/-  Network and energy sales volumes indicators GWh % Electricity generation volumes 399 -6.2 declined y-o-y thereof renewable energy 128 2.9 − Unusually mild temperatures and corona thereof thermal power plants 270 -9.9 Network distribution volumes

  10. Slide 10: Environment

    Environment FY 2019/20 +/-  Higher revenue y-o-y Key financial indicators GWh % − Increase in drinking water sales volumes Revenue 208.1 98.0 EBITDA 17.3 -35.4 − Positive development of international EBIT 0.6 -96.3 project business Financial results -5.9 49.6 Result before income tax -5.3 -  EBITD

  11. Slide 11: Cash flows

    Cash flows FY 2019/20 +/–  CF from operating activities EURm in % Gross cash flow 497.1 -9.7 − Decrease due to lower result Net cash flow from operating activities 412.0 -4.1 Net cash flow from investing activities -428.6 -  CF from investing activities Net cash flow from financing activities -88.

  12. Slide 12: Outlook for 2020/21

    Outlook for 2020/21  Group net result for 2020/21 is expected to range from approximately EUR 200m to EUR 230m − Assuming average conditions in the energy business environment − Further course of corona crisis and the resulting macroeconomic effects could have a negative influence  Investment stra

  13. Slide 13: Contact details

    Contact details  Stefan Szyszkowitz, CEO  Information on the internet − www.evn.at  IR contact partners: − www.investor.evn.at − Gerald Reidinger − www.responsibility.evn.at − Matthias Neumüller − Doris Lohwasser  Headquarters of EVN AG − Karin Krammer − EVN Platz 2344 Maria Enzersdorf  IR cont

  14. Slide 14: Disclaimer

    Disclaimer Certain statements made in this presentation may constitute „Forward-Looking Statements” within the meaning of the U.S. federal securities law. Forward- looking information is subject to various known and unknown risks and uncertainties. These include statements concerning our expectation

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