Slide 1: Presentation of the results for the first half of 2018
Presentation of the results for the first half of 2018 September 25, 2018
Slide 2: Representatives
2 Representatives Daniel Janusz Piotr Wielesik president of the Board member of the Board
Slide 3: The most important events of the first half of 2018
The most important events of the first half of 2018 The most important events of the first half of 2018 Sales development trends Project Tanzania Financial results for the first half of 2018 Foreign markets Strategy Summary 3
Slide 4: The most important events of the first half of 2018
The most important events of the first half of 2018 The first half of 2018 brought about 45%. increase in sales revenues compared to the same period last year. In addition, prospects for potential future contracts allow to assess the prospects of future periods with optimism. The portfolio of con
Slide 5: Project Tanzania
Project Tanzania The most important events of the first half of 2018 Sales development trends Project Tanzania Financial results for the first half of 2018 Foreign markets Strategy Summary 5
Slide 6: FEERUM in Africa
FEERUM in Africa 33.1 million USD is the contract value, under which FEERUM will build five silo complexes on the territory of the United Republic of Tanzania and revitalize existing storage facilities. In the 51 silos, it will be possible to store over 190,000 m3 of grain. The investment is finance
Slide 7: Project Tanzania – in progress
Project Tanzania – in progress No. Scope of work Songea Shinyanga Dodoma Mbozi Makambako 1 geodetic determination of silos and ● ● ● ● ● accompanying infrastructure 2 ● ● ● ● ● execution of detailed geological surveys 3 water and sewage connection ● ● ● ● ● 4 power connection ● ● ● ● ● distribution
Slide 8: Summary of half year works in Tanzania
Summary of half year works in Tanzania Feerum has obtained a construction permit in all five locations. The company also took over all construction sites in June. In all locations, the area for the construction of silos was leveled. In each of the five locations, work has already begun on the co
Slide 9: Over 55% of deliveries of machines and equipment are already in progress
Over 55% of deliveries of machines and equipment are already in progress The company purchased the necessary materials for production - galvanized steel, fasteners, gears, bearing motors, belts and tapes, reinforcing steel. At the moment, about 60% was produced, and over 55% of installations for all
Slide 10: The ceremony of setting the cornerstone
The ceremony of setting the cornerstone
Slide 11: Dodoma/ April 2018
11 Dodoma/ April 2018
Slide 12: Visits of the General Secretary of the Tanzanian Government for Agricultural Engineering
Visits of the General Secretary of the Tanzanian Government for Agricultural Engineering 12 BRONZ KIDS 535 WOLF KIDS 535 Illustration Design Illustration Makambako Songea
Slide 13: FEERUM supports young farmers
FEERUM supports young farmers Agriculture can meet the challenges of reducing youth unemployment in East Africa Best agribusiness practices „ Youth involvement in agriculture is increasingly seen as a potential solution to youth unemployment, food insecurity, rural poverty and migration due to risks
Slide 14: Youth in Africa
Already, about 30 young Tanzanian people work on 14 every FEERUM site in Tanzania. What does cooperation with FEERUM give them? Stable employment in a company with many years of experience and successes in Poland and in many European and Asian countries The possibility of participating in a unique p
Slide 15: Obszar Zakupów
Obszar Zakupów Developing a procurement and logistics strategy Successfully implemented pneumatic powered related to the implementation of contracts in devices for current production and offer Tanzania along with the selection of the main Technological changes in the area of butyl seals for ensure a
Slide 16: Financial results for the first half of 2018
Financial results for the first half of 2018 The most important events of the first half of 2018 Sales development trends Project Tanzania Financial results for the first half of 2018 Foreign markets Strategy Summary 16
Slide 17: Sales revenues (thous. PLN)
17 Sales revenues (thous. PLN) The result for the year 2017 - 96 134 thous. PLN I half of 2018 64 374 sales revenues I half of 2017 44 371 sales revenues
Slide 18: The revenue structure by sales directions
The revenue structure by sales directions I half 2018 I half 2017 2017 Country 16 641 30 422 55 075 Export 47 733 13 948 41 059 Ukraine 5 523 3 728 11 912 Lithuania 10 258 9 752 14 660 Romania 398 200 305 Germany 52 0 46 Tanzania 31 384 13 412 Others 119 268 723 Total 64 374 44 371 96 134 18 Source:
Slide 19: Basic financial results for the first half of 2018
Basic financial results for the first half of 2018 I half 2018 I half 2017 Change in Change thous./p.p. in % Sales revenues 64 374 44 371 20 003 45 Gross profit (loss) on sales 11 182 10 072 1 110 11 Gross margin on sales 17,9% 22,7% -4,8 p.p. EBITDA 9 138 10 310 -1 172 -11,4 Profitability EBITDA 14
Slide 20: The structure of the balance sheet as at June 30, 2018
The structure of the balance sheet as at June 30, 2018 Assets Liabilities Main items: Main items: Short – term liabilities due Rotary Commitment to deliveries and service– Financial stocks – 55,8 mln zł 66,5 mln zł Receivables – 34,7 mln zł 101,7 mln PLN 94,5 mln PLN Cash flow – 8,8 mln zł
Slide 21: Directions of sales development
Directions of sales development The most important events of the first half of 2018 Sales development trends Project Tanzania Financial results for the first half of 2018 Foreign markets Strategy Summary 21
Slide 22: Foreign markets
Foreign markets The company is observing constant demand for elevators, both on the domestic market and abroad. The current order portfolio includes 37 contracts worth approximately 156.5 million PLN with the date of completion in 2018-2019. The Company showed the highest activity abroad on th
Slide 23: Foreign markets – cont.
Foreign markets – cont. The company maintains and develops commercial activities in the Russian Federation and Kazakhstan, where it intensified marketing through participation in exhibitions, agricultural fairs and thematic conferences organized by the governments of both countries. The efforts ma
Slide 24: Strategy
Strategy The most important events of the first half of 2018 Sales development trends Project Tanzania Financial results for the first half of 2018 Foreign markets Strategy Summary 24
Slide 25: Strategy
Strategy Obtaining an important player position on the international arena Dynamic increase in the scale of operations Modern technologies and Sales to the domestic expansion of the market and foreign markets production base Strenghtening sales Intensification of Investments in Expansion of the netw
Slide 26: Summary
Summary The most important events of the first half of 2018 Sales development trends Project Tanzania Financial results for the first half of 2018 Foreign markets Strategy Summary 26
Slide 27: FEERUM after the fourth quarters of 2017
27 FEERUM after the fourth quarters of 2017 High contracted and potential order book for 2017-2019; Good market prospects Realization of over 55% of supplies of machinery and equipment to Tanzania Innovative on a global scale products in the Company's offer; significantly strengthened Nearly 45% inc
Slide 28: FEERUM S.A. contact details
FEERUM S.A. 6 Okrzei Street 59-225 Chojnów Poland +48 76 81 96 738 +48 76 81 88 485 sekretariat@feerum.pl www.feerum.pl
Slide 29: Reservation
Reservation This study has been prepared solely for information purposes. It does not constitute advertising or offering securities in public trading. The study uses information sources that FEERUM S.A. considers it credible and accurate, but there is no guarantee that it is comprehensive and fully