Seche Environnement Sa · EURONEXT:SCHP
Seche Environnement Sa — H1 2012 Earnings Presentation
11 slides from Seche Environnement Sa's earnings presentation, Aug 2, 2012
Slide 1: Revenue as of June 30, 2012
Revenue as of June 30, 2012 Conference call of August 2, 2012 1 Consolidated Revenue as of June 30, 2012
Slide 2: H1 2012 Highlights
H1 2012 Highlights Revenue excluding IFRIC 12* stable compared to a good first half of 2011 Differing evolution of business lines HW business line affected by the decline in PCB activity and the economic slowdown in Q2 Better performance by the NHW business line Continued investments to capture new
Slide 3: Stability of consolidated activity in the first half of 2012
Stability of consolidated activity in the first half of 2012 Change in half year consolidated IFRIC 12 revenue: €4.3m revenue vs. €0.8m as of June 30, 20 11 in €m Increase in concession investments in Strasbourg in Q2 220 212.2 209.6 0,8 4,3 200 193.0 180 160 208,8 207,9 Revenue excluding IFRIC 12:
Slide 4: Activity in French and International Scopes
Activity in French and International Scopes Change in revenue by geographical area International: Revenue at €12.0m in €m vs. €11.7m (up 2.2%) 250 Europe: resilience of activities in Europe 209.6 212.2 (Revenue: + 1.2 % at €11.1m) 0,8 4,3 +2.2% Latin America: recovering PCB markets +16.9% 200 11,7 1
Slide 5: Differing evolution of business lines
Differing evolution of business lines Change in revenue by business line NHW business line : Revenue excluding IFRIC 12 at €76.5m in €m vs. €72.6m (up 5.3%) 250 Strong performance of recovery and rehabilitation 209.6 212.2 businesses 0,8 4,3 Slight decrease in storage businesses 200 Incineration sus
Slide 6: HW business line suffered from a less promising Q2
HW business line suffered from a less promising Q2 Change in quarterly revenue in €m 75 70 65 Revenue Q2: €66.3m 60 vs. €70.7m in Q2 2011 (down 6.1%) Impact of change in PCB: excluding PCB, business 55 declined by 1.1% Less promising economy compared to Q2 2011 : 50 Poorer performance by activities
Slide 7: PCB and the industry's situation: impact on the growth of the HW business line
PCB and the industry’s situation: impact on the growth of the HW business line in Q2 Change in PCB revenue per quarter Economic slowdown in Q2 in €m 9 6% 7,9 8 4,3% 7,3 4% 7 2% Average half year growth of HW 6,0 revenue excluding PCB: +1.5% 6 5,2 0% 5 4,3 4,2 Q1 -0,7% Q2 -1,1% 4 -2% 3 -4% 2 -6% -6,1
Slide 8: Sound and promising NHW business line
Sound and promising NHW business line Change in quarterly revenue (excluding IFRIC 12) in €m 45 40 Q2 revenue excluding IFRIC 12: €38.2m 35 vs. €36.0m in Q2 2011 (up 6.1%) Contribution of incineration (Pau and Oléron) and energy recovery and production activities (Vigeant 30 solar farm) Slight decre
Slide 9: 2012 Outlook
2012 Outlook Uncertainty regarding the second half of the year HW business line: Unfavorable trend in PCB markets but lower impact on H2 Uncertainty over the state of the industry NHW business line: Resilience of local authority markets Soundness of recovery and rehabilitation activities 2012 Object
Slide 10: Hime – Saur: Revenue up 3.3% at current scope (+2.2% at constant scope)
Hime – Saur: Revenue up 3.3% at current scope (+2.2% at constant scope) Cleanliness: Revenue at €170.2m Revenue by division in €m vs. €168.4m or +1.1% 900 +3.3% 850.5 Soundness of activities with local authorities 823.4 Stability of services to industrial companies and 800 170,2 +1.1% unfavorable ch
Slide 11: Q&A
Q&A Manuel Andersen m.andersen@groupe-seche.com www.groupe-seche.com