Sigmaroc Plc · LSE:SRC
Sigmaroc — Merger or Acquisition (October 2019)
15 slides from Sigmaroc's merger presentation, October 2019
Slide 1: Investor Presentation: Project Blue
INVESTOR PRESENTATION PROJECT BLUE October 2019 Abu Dhabi Louvre Museum © SigmaRoc plc – 2019
Slide 2: AIM Quoted Building Materials Group SigmaRoc
AIM QUOTED BUILDING MATERIALS GROUP SIGMAROC 1 THE OPPORTUNITY: AGGREGATE CONSTRUCTION MATERIALS SECTOR Construction materials remain fragmented across Europe. The businesses are local and often inefficiently run. Consolidating them brings synergies and opportunities for improved performance. 2 THE S
Slide 3: Strong Belgian Construction Materials Market
STRONG BELGIAN CONSTRUCTION MATERIALS MARKET HIGH DENSITY One of the highest infrastructure densities in the EU. 189% MORE PER CAPITA PRODUCTION THAN UK Aggregates per capita is 5.2 tonnes in Belgium vs 2.8 tonnes in the UK. GROWING CONSTRUCTION MARKET +2.3% growth predicted for 2020 and +4.6% growt
Slide 4: European Geological Map
EUROPEAN GEOLOGICAL MAP Limestone INVEST: Acquire Project Blue Sand & Gravel Slate PROJECT BLUE 2019 SIGMAROC PLC 4
Slide 5: Acquisition Overview
ACQUISITION Overview PROJECT BLUE 2019 SIGMAROC PLC 5
Slide 6: Aerial of Quarry: Larger Than the City of London
AERIAL OF QUARRY: LARGER THAN THE CITY OF LONDON INVEST: Acquire Project Blue PROJECT BLUE 2019 SIGMAROC PLC 6
Slide 7: What Is Project Blue?
WHAT IS PROJECT BLUE? 1 TWO BUSINESSES FOR THE PRICE OF ONE: A major dimension stone business with 50% global market share and optionality in a major aggregates quarry. 2 ONE OF FOUR GLOBAL PRODUCERS OF BLUE STONE: Unique high value sought after material used in major projects, infrastructure and in
Slide 8: Significant Dimension Stone & Aggregates Assets
SIGNIFICANT DIMENSION STONE & AGGREGATES ASSETS 1 EUROPE’S LARGEST DIMENSION STONE QUARRY A €10-12m EBITDA company with 150 years of reserve and 352Ha of freehold land and mineral (subject to current consultation on extension), located in an attractive market for aggregates and construction founded
Slide 9: Two Businesses for the Price of One
TWO BUSINESSES FOR THE PRICE OF ONE Sell to Scandinavia ● 50% global market share ● Scope to improve efficiencies ● Scope to to improve selling e.g. Sell into UK to UK and Scandinavia Blue Limestone Expand in existing markets ● One of closets quarries to Aggregates Re-negotiate 3rd party contract Bru
Slide 10: Technical Overview
TECHNICAL Overview PROJECT BLUE 2019 SIGMAROC PLC 10
Slide 11: Operations: Dimension Stone Overview
OPERATIONS: DIMENSION STONE OVERVIEW 1 >150 YEARS RESERVES 352 Ha freehold land subject to current consultation on extension. 2 4 END MARKETS Residential, commercial, infrastructure projects, and architectural and cosmetic applications. 3 27% REVENUE INTERNATIONAL Products network supported by over
Slide 12: Operations: Aggregates Quarry
OPERATIONS: AGGREGATES QUARRY 1 190mt RESERVES 1.5mt sold per year into the Belgian market. 2 CLOSEST QUARRY TO BRUSSELS With approved rail access to develop wider distribution networks. 3 30%-35% EBITDA MARGIN Range of EBITDA margins achievable in an aggregates business. 4 30mt AGGREGATES SALES Agg
Slide 13: SigmaRoc Post Completion
SIGMAROC POST COMPLETION 1 FOUR LOCAL MARKETS Four platforms with organic growth potential. 2 NEW BENELUX PLATFORM Great market for aggregates and dimension stone. 3 £100m MARKET CAP Key market cap threshold. 4 OVER £20m EBITDA ACROSS THE GROUP With significant operational cash generation. 5 SIGNIFIC
Slide 14: Disclaimer
DISCLAIMER “The information set out in this presentation document (the “presentation”, which term includes any information provided verbally in connection with this presentation document) is in draft form and is subject to further verification, updating, completion, revision and amendment and such i
Slide 15: SigmaRoc plc
SigmaRoc plc Contact us: 7 - 9 Swallow Street, W1B 4DE London +44 207 129 78 28 ir@sigmaroc.com