Porr Ag · VIE:POS
Porr — Q1 2022 Earnings Presentation
10 slides from Porr's earnings presentation, May 2022
Slide 1: Q1 Results 2022 Investor Presentation
Q1 Results 2022 Part of the solution. Investor Presentation May 2022 Investor Presentation May 2022 1
Slide 2: Disclaimer
Disclaimer This presentation was prepared by PORR AG (the "Company") This presentation contains forward-looking statements relating to solely for use at investors’ meetings and is provided solely for the business, financial performance and results of the Company informational purposes. and/or th
Slide 3: Highlights Q1 2022
Highlights Q1 2022 Stable market position in core markets 1 Turning main challenges into opportunities Top order backlog. High production output 2 Focus on cherry picking Q1 EBT of EUR 0.6m on track 3 Steered impact from global challenges Solid balance sheet 4 Improved net debt. High cash. 2022 Outl
Slide 4: Construction Markets Under Tension
Construction Markets Under Tension 110 Oil +65.7% Global Market 105 100 Lumber +156.5% 95 Steel +35.7% 90 85 AT: Construction 80 cost index +27.4% Road construction 75 70 +25.3% Residential construction 12.2019 06.2020 12.2020 06.2021 12.2021 Volume index of production in construction for European U
Slide 5: Sharpened Profile of Order Book
Sharpened Profile of Order Book +23.1% Selective growth in most segments, focus on the right amount of risks and margins 7,920 8,033 6,527 +1.4% +21.3% Moderate increase with +5% 1,850 long-standing EBT track record (22.7%) 1,429 Slight increase, after de-risking in 1,150 +60.9% +2% structural engin
Slide 6: TOP Orders in 2022
TOP Orders in 2022 TOP order backlog TOP order intakes in Q1 2022 Bridge Construction Drammen Bybrua (NO) Industrial ARGE Aircraft hangar Airbus, Construction Hamburg (DE) Arge ÖBB Ebreichsdorf Thulestraße Building Austria Berlin, DE Construction Alte Akademie, Munich (DE) Civil ARGE Stadtstraße, Vi
Slide 7: Strong Performance in Output and EBT
Strong Performance in Output and EBT Production output EBT in EUR m in EUR m 1,161 1,047 1,002 942 0.6 (9.4) (11.8) (25.5) Q1/19 Q1/20 Q1/21 Q1/22 Q1/19 Q1/20 Q1/21 Q1/22 COVID COVID Growth driven by permanent business in Successfully navigated through AT and DE challenging Q1 market environment Str
Slide 8: Right-sizing of Balance Sheet On Track
Right-sizing of Balance Sheet On Track Equity in EUR m Net debt development Equity ratio in % in EUR m 306 (56%) 824 768 IAS 37: 651 634 22m 135 746 135 20.3% 18.5% 19.5% 18.0% 19.1% (65) FY/20 Q1/21 FY/21 Q1/22 FY/20 Q1/21 FY/21 Q1/22 Solid equity ratio of 19.1% EUR 51m hybrid bond redeemed despite
Slide 9: Outlook
Outlook 2022 2025 High order book as stable foundation Production output CAGR +3% per year PORR 2025 roadmap on track Sustainable EBT margin ~3% Current volatile market conditions and insecurity due to geopolitical conflicts Improved balance sheet structure Investor Presentation May 2022 9
Slide 10: Q&A Session
Q&A Session Investor Presentation May 2022 10