Viohalco Sa/nv · ATHEX:VIO
Viohalco Sa/nv — Investor Presentation (September 2019)
63 slides from Viohalco Sa/nv's investor presentation, September 2019
Slide 1: Corporate Presentation
VIOHALCO Corporate Presentation
Slide 2: Overview
Overview A Euronext-listed holding company of leading metal processing companies across Europe. 80 EUR 4.4 billion EUR 2.8 billion 8 Business 21 Markets Years Technology Revenue 2018 Investments 2001-2018 segments served history and innovation Providing a wide range of products and solutions tailore
Slide 3: Global Presence
Global Presence N. America: 1 sales office Europe: Asia: 37 plants 2 plants 17 sales 3 sales offices offices Sales in more than Commercial Commitment to Highest quality 105 countries network in environmentally of products 21 countries responsible operations and services 3
Slide 4: Markets
Markets Viohalco companies supply a diverse product range portfolio across a wide range of markets. They are committed to the sustainable manufacture of innovative value added products and solutions that meet the requirements of blue chip customers across the globe. Highly diversified Extensive expe
Slide 5: Segments and main companies
Segments and main companies o Viohalco companies specialise in the manufacture of aluminium, copper, steel, steel pipes and cables. o Viohalco’s portfolio includes companies dedicated to technology and R&D, real estate development and resource recovery. Notes Viohalco & Cenergy Holdings are listed
Slide 6: Production Base - Main Plants & Ports
Production Base - Main Plants & Ports Main plants Oinofyta | (Greece) Bridgnorth | (UK) Oinofyta | (Greece) Mandra | (Greece) Sofia | (Bulgaria) Saint Thomas | (Greece) Oinofyta | (Greece) Oinofyta | (Greece) Sofia | (Bulgaria) Oinofyta | (Greece) Thessaloniki & Almyros | (Greece) Aspropirgos | (Gre
Slide 7: History in Brief
History in Brief ’30s ’40s ’50s Intensive investments ’60s Corporate expansion Incorporation Listing in new machinery (incl. state-of Launch of steel production, cable of Hellenic Copper the-art aluminium rolling mill). operations, sanitary ware and tile on the Athens Stock Industry S.A. in Renaming
Slide 8: 2018 Financial Highlights
2018 Financial Highlights Revenue EUR mil. 4,406 2018 was a year of growth and improved profitability across core 3,763 3,721 business segments, supported by continuous investments to 3,536 3,317 3,275 3,119 meet end market trends. 2,958 2,885 2,943 2,298 • Viohalco’s consolidated revenue was EUR 4,
Slide 9: Sustainability
Sustainability Sustainability is fully integrated into the strategies of Viohalco companies. Each one is committed to improving its environmental performance, operational health and safety, employee development and local community support. People Their health and Viohalco companies The significant T
Slide 10: Aluminium Segment
VIOHALCO Aluminium Segment
Slide 11: Aluminium Segment > At a glance
Aluminium Segment > At a glance 50 Sales in More than 10 manufacturing Technologically advanced & State of the 100+ Turnkey 100 countries 50 years’ plants across innovative for custom made art facilities solutions providers experience 3 countries solutions Viohalco companies offer a wide variety of
Slide 12: Aluminium Segment > Markets & Products
Aluminium Segment > Markets & Products Building & Transportation Lithography Industrial construction Aluminium shates and plates for marine applications, aluminium industry applications Flat rolled aluminium products solutions for trucks, trains, buses, Litho coils for the offset Aluminium rolled pr
Slide 13: Aluminium Segment > Main plants
Aluminium Segment > Μain plants Flat rolled aluminium products and solutions for Foil for flexible packaging, pharmaceutical the packaging, building and construction, sea, packaging, technical applications, semi rigid road and rail transportation, energy, cookware packaging, tea lights, household al
Slide 14: Aluminium Segment > Elval
Aluminium Segment > Company We have the rolling expertise that you need for Sales in your business more than 60 countries Elval is the aluminium rolling division of ElvalHalcor. It processes, manufactures and markets flat rolled aluminium solutions for a number of diverse applications. Elval serves
Slide 15: Aluminium Segment > Elval Colour
Aluminium Segment > Company In-house production of non-flammable core etalbond®A2 Sales in Elval Colour is a leading European coated more than aluminium and composite panel manufacturer 70 countries that produces and sells a full range of building envelope products of superior quality using the late
Slide 16: Aluminium Segment > Bridgnorth Aluminium
Aluminium Segment > Company market share Bridgnorth Aluminium is a fully integrated producer of flat rolled aluminium coils with all 30% EU stages of production contained on one site. 10% globally The Company’s expertise spans the whole supply chain from casting of rolling ingot, to the hot and cold
Slide 17: Aluminium Segment > Symetal
Aluminium Segment > Company Aluminium foil and aluminium Converter foil Pharmaceutical foil flexible-packaging materials Cable foil with a wide range of end- Foil for food containers Sales in Symetal produces aluminium foil (from 6 to 200 market applications Foil for tea lights more than Foil for he
Slide 18: Aluminium Segment > Etem
Aluminium Segment > Company Architectural aluminium systems for sustainable and energy efficient building envelope Presence A leading aluminium extrusion supplier Etem is a in more than fully integrated designer and producer of 40 countries architectural systems and aluminium profiles for Aluminium
Slide 19: Aluminium Segment > Financials & News
Aluminium Segment > Financials & News Recent news The global FRP market remained Product mix was optimized by focusing on niche, value- As part of the €150 million investment favorable throughout 2018 with added aluminum sheets and coils in all sectors. programme, Elval invested €47 million in a pos
Slide 20: Copper Segment
| VIOHALCO Cu Copper Segment
Slide 21: Copper Segment > At a glance
Copper Segment > At a glance 80 Sales in years 7 manufacturing Technologically advanced & State of the 8 logistics centers ~60 countries of experience plants in 3 countries innovative for custom made art equipment in 6 countries solutions Copper has been at the core of Viohalco companies’ activities
Slide 22: Copper Segment > Main plants
Copper Segment > Μain plants Copper tube plant Foundry Copper tubes with or without plastic coating or Copper billets and slabs industrial insulation Location: Oinofyta - Greece Location: Oinofyta - Greece Capacity: 80,000Tn/year Capacity: 235,000Tn/year Rolled and extruded copper and copper alloy C
Slide 23: Copper Segment > Markets & Products
Copper Segment > Markets & Products Building & Renewable energy Heating, ventilation, air- construction Talos® Geotherm copper tube, conditioning and refrigeration Talos® Ecutherm Solar copper tube Copper sheets and strips, brass market products for internal architecture Plain, inner grooved and ins
Slide 24: Copper Segment > Halcor
Copper Segment > Company Leading supplier of top European Halcor is the copper tubes division of ElvalHalcor S.A., a leading copper industry that specializes in the HVAC&R manufacturers Sales in more than production, processing and marketing of copper and DAIKIN 55 countries copper alloys products w
Slide 25: Copper Segment > Fitco
Copper Segment > Company Sales in more than Active for over thirty-five years, Fitco is an industrial company specialising in copper alloy 25 countries semi-finished products for industrial and architectural applications. Fitco aims to meet customers’ needs and exports the majority of its high-quial
Slide 26: Copper Segment > Sofia Med
Copper Segment > Sofia Med Sales in Europe, Middle East, Asia, Africa, Central Sales in more than Sofia Med produces a wide range of rolled and and North America 62 countries extruded copper and copper alloy products such as sheets, strips, plates, circles, disks, bare and plated copper bus bars, ro
Slide 27: Copper Segment > Financials & News
Copper Segment > Financials & News Recent news All companies in the segment In H2 2018, copper companies in Greece and Halcor’s investment in the copper tubes mill Metal prices for 2018 remained broadly continued to grow sales, Bulgaria successfully renegotiated their loans was successfully complete
Slide 28: ElvalHalcor: leading global producer of aluminium and copper
ElvalHalcor is a leading global industrial producer of aluminium and copper, formed in December 2017 via the merger of Elval and Halcor. The Company has over 80 years of experience, a strong production base across 14 industrial units in Greece, Bulgaria and Turkey, a market presence in over 100 coun
Slide 29: Steel Segment
VIOHALCO Steel Segment
Slide 30: Steel Segment > At a glance
Steel Segment > At a glance Sales in Established Biggest long steel 3,600,000 Tn Meltshops Cost competitive Innovative products 3 ports & 40 countries 1962 producer in SE Europe 3,600,000 Tn Rolling Mills operations for Concrete 13 logistics centers reinforcing construction With more than 55 years o
Slide 31: Steel Segment > Main plants
Steel Segment > Main plants SD concrete reinforcing steel (bars & coils), SD concrete reinforcing steel (in bars), SD rebars merchant bars, wire rod cut-to-length, SD spooled coil, SD stirrup reinforcing mesh, SD wire mesh, Sidefit Special mesh, Sidefor prefabricated stirrup cages Location: Thessalo
Slide 32: Steel Segment > Markets & Products
Steel Segment > Markets & Products Building & construction Industrial Other markets SD integrated concrete reinforcing system (Concrete reinforcing steel, bars and coils, applications Mining & tunneling cut-to-length rebar, spooled coil, mesh, stirrup Merchant bars and wire rods, THN mining and tunn
Slide 33: Steel Segment > Sidenor
Steel Segment > Company Long experience in multimodal logistic Sidenor is a leading producer of steel products across Balkans Wide in South East Europe. Its extensive product portfolio, which includes long, flat and portfolio downstream steel products, is manufactured of merchant bars squares, circu
Slide 34: Steel Segment > Sovel
Steel Segment > Company low environmental Sovel’s Almyros production facility footprint State of the art manufactures SD concrete reinforcing steel in bars, spooled coils and mesh as well as the facilities Sidefit, Sidefor and Sidefor Plus lines of products Own port facilities Investments in high-en
Slide 35: Steel Segment > Stomana Industry
Steel Segment > Company Stomana Industry is a leading steel Main markets: manufacturer in Bulgaria. The company has Central Europe, Balkans, been present in the Balkan and international US, MENA markets for more than 60 years, and produces a wide range of products, including reinforcing steel, quatr
Slide 36: Steel Segment > Financials & News
Steel Segment > Financials & News Recent news Amidst a mixed and volatile environment in 2018, the segment Increased sales led to It should also be noted that throughout 2018, the successfully increased sales volumes by c.6% and revenue by improved plant utilisation, steel segment contended with pri
Slide 37: Steel Segment > News (contd)
Steel Segment > News R e c e n t n e w s (contd) In the USA, steel import tariffs affected the steel With regards to key operational segment indirectly, especially after tariffs to Turkish developments, strategic expansion in steel imports were doubled. Quotas imposed by the EU SBQ steels progressed
Slide 38: Steel Pipes Segment
VIOHALCO <4 Steel Pipes Segment
Slide 39: Steel Pipes Segment > At a glance
Steel Pipes Segment > At a glance Member of Supplier of choice >22,000 km total Sales in more than Established Annual capacity >2,500 km in offshore to the largest international pipe production 2002 45 countries 1969 925,000 Tn pipelines 2002 - 2018 oil & gas companies - 2018 Corinth Pipeworks is on
Slide 40: Steel Pipes Segment > Plants
Steel Pipes Segment > Plants Production base LV power cables, MV Products: power Steel pipescables, HV power cables, EHV cables up to 500kV, Fiber optic Products: Steel pipes Markets: cables Oil & gas pipelines, construction Markets: Oil & gas pipelines, construction Location: Thiva plant - Greece C
Slide 41: Steel Pipes Segment > Highlights
Steel Pipes Segment > Highlights Global presence Europe: Russia: JSC CPW-TMK plant >5,200Km Greece: HQ Athens Thisvi plant N. America: >8,000Km Asia: 250Km Middle East: >2,300Km Africa: >4,300Km S. America: 200Km Plants HQ offices Sales in Km (2002-2018) Find more in www.cpw.gr Oil & gas companies –
Slide 42: Steel Pipes Segment > Corinth Pipeworks
Steel Pipes Segment > Company Unique With over a half century of experience, Corinth production range Pipewoks has worked with major energy worldwide companies across the globe on highly demanding projects. The company’s client based philosophy has resulted in strong, long term mutually beneficial r
Slide 43: Steel Pipes Segment > Financials & News
Steel Pipes Segment > Financials & News Member of Recent news In 2018, the steel pipes segment commenced its first deep- Our market position was further enhanced by: sea offshore pipes project, Karish, a strategic and highly demanding project in the SE Mediterranean, at a maximum • Qualifications fr
Slide 44: Cables Segment
VIOHALCO | Cables Segment
Slide 45: Cables Segment > At a glance
Cables Segment > At a glance Member of Sales in more than Established 6 manufacturing 180,000 Tn 120,000 Tn State of the 100+ Turnkey 50 countries 1950 plants in 3 countries in power cables in copper wire rod art facilities Solutions providers Cablel ® Hellenic Cables, its subsidiary Fulgor and Icme
Slide 46: Cables Segment > Plants
Cables Segment > Plants LV power cables, MV power cables, HV power Copper & aluminium rod, LV power cables, MV cables, EHV cables up to 500kV, fibre optic power cables, HV cables, fibre optic submarine cables cables, submarine MV cables, HV & EHV submarine cables up to 400kV Location: Thiva - Greece
Slide 47: Cables Segment > Markets & Products
Cables Segment > Markets & Products Construction & Power transmission, Industrial distribution & renewables Power generation & distribution High and extra high voltage submarine and cables, power substation cables, land cables, overhead conductors and turnkey instrumentation, data and fibre optic in
Slide 48: Cables Segment > Financials & News
Cables Segment > Financials & News Member of Recent news A steady pipeline of new projects was built up during H2 2018, while significant assignments, Investments in the cables segment amounted to EUR 44 such as the interconnection of Tennet’s wind parks, Borkum Riffgrund 2 and Trianel, were million
Slide 49: Cenergy Holdings S.A.
Cenergy Holdings S.A. invests in industrial companies positioned at the forefront of high growth sectors, such as energy transfer, telecommunications and construction. Based in Belgium, the Company was founded in 2016 and is listed on Euronext Brussels and the Athens Stock Exchange (Athex). Cenergy
Slide 50: Real Estate Segment
| VIOHALCO =e Es Real Estate Segment
Slide 51: Real Estate Segment > At a Glance
Real Estate Segment > At a Glance 41 investment properties shopping centers, main assets: River West Shopping Center, extensive knowledge & >400,000m2 ~ 180 tenants (future REIC portfolio) hotels, office Mare West Retail Park, Wyndham Grand Athens experience in the real total built area buildings &
Slide 52: Real Estate Segment > Highlights
Real Estate Segment > Highlights Real estate development expertise in the commercial and hospitality sectors Mare West retail park | Corinth (Greece) River West shopping center | Athens (Greece) “Wyndham Grand Athens” Hotel | “East Park Trade Center” Butterfly Office building| Athens Orbit Office co
Slide 53: Real Estate Segment > Financials & News
Real Estate Segment > Financials & News Recent news The loss before income tax River West shopping center Other notable developments include: is due to the decrease in recorded increases in rental • Completion of demolition works on the long-term leased Mouzaki property revenue in combination income
Slide 54: Resource Recovery Segment
VIOHALCO O, Se Resource Recovery Segment
Slide 55: Resource Recovery Segment > At a Glance
Resource Recovery Segment> At a Glance 50 Active in years 9 sites of operation More than 600,000 Tn of 3 major environmental More than 300,000 Tn of 45 countries of experience across the Balkans waste received annually awards scrap metal sold annually Viohalco’s resource recovery segment trades and
Slide 56: Resource Recovery Segment > Aeiforos
Resource Recovery Segment> Company Contributor to natural resources, energy saving and 3 recycling and Aeiforos S.A. and its subsidiary Aeiforos Bulgaria CO2 emission reduction 1 port facility S.A. process more than 400,000Tn of industrial Environmentally waste per year through 3 recycling plants in
Slide 57: Resource Recovery Segment > Anamet
Resource Recovery Segment> Company Expertise in integrated dismantling of old industrial facilities metal trading in 45 countries Anamet S.A. is Greece’s leading metals recycling company. Together with its subsidiaries, it offers a wide range of waste management services for the public sector, indus
Slide 58: Resource Recovery Segment > Financials & News
Resource Recovery Segment> Financials & News Recent news Revenue in the resource recovery segment decreased Protectionist trade policies adopted by China and Serbia, both 31% year-on-year, while the result before income tax key markets for non-ferrous and ferrous, respectively, caused amounted to a
Slide 59: Technology and R&D Segment
VIOHALCO Technology and R&D Segment
Slide 60: Technology and R&D Segment > At a Glance
Technology and R&D Segment > At a Glance Development of high value added products Efficient solutions for the optimization of industrial and business processes Viohalco’s R&D work focuses on developing new, innovative and high value added products, and efficient solutions to optimise industrial and
Slide 61: Technology and R&D Segment > Elkeme
Technology and R&D Segment > Company Elkeme’s main focus is applied industrial research and the technological development and analysis of four major metals sectors (aluminium, copper, steel and zinc). The Centre provides value added R&D services and technical solutions for new products and the optim
Slide 62: Technology and R&D Segment > Teka Systems
Technology and R&D Segment > Company Teka Systems S.A. undertakes highly demanding engineering projects in the steel, aluminium, copper, power and telecommunication cables industries. It is active in engineering and construction, the commissioning of industrial equipment and the process and automati
Slide 63: VIOHALCO
VIOHALCO