Keppel Ltd. · SGX:BN4
Keppel — Investor Presentation (June 2021)
15 slides from Keppel's investor presentation, June 2021
Slide 1: Presentation to Investors May - Jun 2021
Presentation to Investors May - Jun 2021
Slide 2: Disclaimer
Disclaimer This presentation may contain forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially from such statements. Such risks and uncertainties include those arising from COVID-19, industry and economic conditions, competition,
Slide 3: Keppel's Vision 2030
Keppel’s Vision 2030 Four focus segments in a connected value chain, harnessing synergies as OneKeppel, with sustainability at the core of strategy Transforming ENERGY & ENVIRONMENT URBAN DEVELOPMENT from a conglomerate of diverse parts into one integrated business providing solutions for sustainabl
Slide 4: Sustainability at the Core of our Strategy
Sustainability at the Core of our Strategy Running our business sustainably Making sustainability our business • Set measurable targets to reduce carbon • Guide our portfolio towards sustainable emissions, water and waste intensity urbanisation solutions • Include environmental sustainability in • S
Slide 5: Executing Vision 2030
Executing Vision 2030 Creating value through asset monetisation, business transformation and investments to build new growth engines Transformation office drives execution across 6 workstreams Asset monetisation Business transformation New growth investments Identified pool of monetisable assets OFF
Slide 6: Financial Highlights
Financial Highlights Revenue by Segment • Keppel Corporation recorded a net profit in 1Q 2021, slightly higher yoy 1,889 1,857 • All key business units apart from Keppel O&M were profitable; 30 36 Keppel O&M was EBITDA positive 294 294 • Revenue was S$1.9b, remained stable compared to 1Q 2020 302 51
Slide 7: Energy & Environment
Energy & Environment Offshore & Marine Net Orderbooki • Keppel O&M returned to positive EBITDA for 1Q 2021 due to improving margins and productivity qoq, but recorded a net loss for the quarter 3.3 3.0 • 1Q 2021 revenue was S$412m, lower than S$569m for 1Q 0.2 0.2 0.2 2020 mainly due to termination
Slide 8: Energy & Environment
Energy & Environment • Keppel Infrastructure’s overall performance in 1Q 2021 was steady despite lower revenue • Revenue was S$635m for 1Q 2021, vs S$651m for 1Q 2020 • EBITDA was S$31m for 1Q 2021, vs S$43m for 1Q 2020 • Signed MOU with StarCharge to provide electric vehicle (EV) charging infrastru
Slide 9: Urban Development
Urban Development Home Salesi • Keppel Land’s 1Q 2021 performance improved yoy, underpinned by higher contribution from China and Vietnam property trading projects, as well as divestment gains Sales value: Sales value: S$1,550m S$320m • Home sales tripled yoy, mainly due to stronger performance in C
Slide 10: Urban Development
Urban Development Residential Landbank Commercial GFA 1% 17% 6% 8% 12% 45% 17% ~46,000 7% ~1.6 million 33% units sm 9% 20% 25% Singapore China Vietnam Singapore China Vietnam Indonesia India Indonesia India Philippines Myanmar 80% of the 429 units at The Reef at King’s Dock have been sold as at end-
Slide 11: Connectivity
Connectivity • Bifrost Cable System • Keppel T&T to invest S$467m in joint build agreement with Facebook and Telkom Indonesia to jointly own and develop Bifrost • Complementary growth area under Connectivity segment, in line with Keppel’s Vision 2030 • Unleashes synergy across business units includi
Slide 12: Connectivity
Connectivity • Data Centres • Phase 1A of IndoKeppel Data Centre 1 in Bogor, Indonesia operationally ready • Entered into MOU with industry partners to explore development of liquefied hydrogen supply infrastructure for Keppel’s data centres in Singapore • Logistics • Bidders for logistics & channel
Slide 13: Connectivity
Connectivity • M1’s 1Q 2021 performance was lower yoy mainly M1’s Revenue M1’s Customers due to lower roaming and prepaid revenues • EBITDA was S$55m for 1Q 2021, vs S$73m for 260 254 1Q 2020 2,272 2,108 224 • M1 announced plans at end-Apr 2021 to unlock 78 80 228 capital from network assets with ne
Slide 14: Asset Management
Asset Management • Keppel Capital performed better yoy, mainly due to stronger operating results as well as gains from mark-to-market of investments • Asset management feesi were S$42m for 1Q 2021, vs S$35m for 1Q 2020 • Keppel Capital launched China logistics property fund with a global institution
Slide 15: We will continue to advance towards Vision 2030
We will continue to advance towards Vision 2030, creating value and building a sustainable future for all our stakeholders. 15 Artist’s impression of Bulim district cooling system plant in Jurong Innovation District, Singapore