Martifer Sgps · EURONEXT:MAR

Martifer Sgps — FY2018 Earnings Presentation

14 slides from Martifer Sgps's earnings presentation, 2018

  1. Slide 1: A New Era: Focusing on Our Strengths - Earnings Release 2018

    ~~ N NN , A NEW ERA: FOCUSING MARTIFER » N ON OUR STRENGTHS EARNINGS RELEASE > 2018 YT 4 . 4 4 A A 4

  2. Slide 2: Disclaimer

     HIGHLIGHTS DISCLAIMER  RESULTS ANALYSIS This Document (14 pages) was prepared by Martifer SGPS, S.A. exclusively for the present disclosure. The financial information herein has not been audited. All communications, enquiries and information requests relating to this document should be addressed

  3. Slide 3: Highlights

    HIGHLIGHTS

  4. Slide 4: Highlights

     HIGHLIGHTS • Operating Income reached 217.4 M€ of which 125.7 M€ in Metallic Constructions, 82.2 M€ in the Naval Industry and 14.1 M€ in Renewables  RESULTS ANALYSIS • Revenue generated outside Portugal and exports total more than 66% of the Group's total Revenue • Significant improvement in oper

  5. Slide 5: Results Analysis

    RESULTS ANALYSIS

  6. Slide 6: Results (unaudited)

     HIGHLIGHTS RESULTS (unaudited)  RESULTS ANALYSIS MARTIFER Operating Profit 2018 M€ CONSOLIDATED Operating Profit 217.4 7% 9% EBITDA 15.2 EBITDA margin 7.6% Depreciation & Amortisation -8.8 Provisions & Impairment Losses 1.3  ORDER BOOK EBIT 7.7 37% 56% EBIT margin 3.9% Financial Results -5.6 Res

  7. Slide 7: Capex and Net Debt

     HIGHLIGHTS CAPEX AND NET DEBT  RESULTS ANALYSIS CAPEX NET DEBT (M€) 369 362 2% Metallic Constructions 289 300 283 41% Renewables 260 57% 236  ORDER BOOK 250 236 219 Naval Industry 200 189 186 150  FUTURE PROSPECTS 100 Total Capex of 1.8 M€, with 1 M€ in Metallic 50 Constructions and 0.8 M€ in R

  8. Slide 8: Order Book

    ORDER BOOK

  9. Slide 9: Metallic Constructions + Naval Industry | Order Book

     HIGHLIGHTS METALLIC CONSTRUCTIONS + NAVAL INDUSTRY | ORDER BOOK  RESULTS ANALYSIS  ORDER BOOK BY GEOGRAPHY BY PRODUCT BY YEAR 5% 6% 5% 1% WESTERN EUROPE 22% NAVAL INDUSTRY  FUTURE PROSPECTS 39% WESTERN EUROPE FAÇADES 38% NAVAL INDUSTRY 2019 3% STEEL ALGERIA 2020 39% STRUCTURE AND SUBSEQUENT SUB

  10. Slide 10: Metallic Constructions + Naval Industry | Operational Activity

     HIGHLIGHTS METALLIC CONSTRUCTIONS + NAVAL INDUSTRY | OPERATIONAL ACTIVITY  RESULTS ANALYSIS The Metallic Constructions and the Naval Industry currently have several relevant projects in their order book:  ORDER BOOK Stories Building, France Geneva Airport, Switzerland World Navigator, Antarctica

  11. Slide 11: Martifer Renewables | Projects

     HIGHLIGHTS MARTIFER RENEWABLES | PROJECTS  RESULTS ANALYSIS PROJECTS UNDER DEVELOPMENT: PROJECTS IN OPERATION: 196.8 MW (Wind) 31.2 MW (Wind) 8 MWp (PV) PROJECTS UNDER DEVELOPMENT: 13 MW (Wind) PROJECTS IN OPERATION: PROJECTS IN OPERATION:  ORDER BOOK 7 MWp (PV) 42 MW (Wind) NEW MARKET  FUTURE

  12. Slide 12: Future Prospects

    FUTURE PROSPECTS

  13. Slide 13: Future Prospects: Strategic Plan Pillars

     HIGHLIGHTS  Implementation of the strategic plan approved in 2018, based on the following pillars:  RESULTS ANALYSIS • Reinforcement of the organizational culture and consolidation of the governance model; • Increase in operational efficiency, planning and productivity in particular in Metallic

  14. Slide 14: Representative for Market Relations

     HIGHLIGHTS REPRESENTATIVE FOR  RESULTS ANALYSIS MARKET RELATIONS Pedro Moreira T. +351 232 767 700 F. +351 232 767 750  ORDER BOOK www.martifer.com  FUTURE PROSPECTS 14 EARNINGS RELEASE 2018

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