Tesmec S.p.a. · MIL:TES
Tesmec — Debt Investor Presentation (February 2014)
19 slides from Tesmec's debt investor presentation, Feb 26, 2014
Slide 1: Tesmec Group Corporate Presentation
Tesmec Group Corporate Presentation Italian Minibond Day - London February 26 , 2014 http://investor.tesmec.com/InvestorHomePage.aspx
Slide 2: Contents
Contents Summary Tesmec History …………………………………….. 3 Tesmec Market & Technology solutions …………………………………….. 4 Tesmec Group Structure …………………………………….. 9 Tesmec Focus on US Market …………………………………….. 11 Tesmec International Presence & Global Customer …………………………………….. 12 Tesmec Key Projects ……………………………………..
Slide 3: Tesmec: 60 years of technical innovation and commercial development
Tesmec: 60 years of technical innovation and commercial development 2012 On July 2012, Tesmec Service S.r.l. leased a business unit of the AMC2 Progetti e Prototipi S.r.l. 1951 1984 2007 2010 2011 company, operating in Establishment 3T Finanziaria Listing on the Italian Tesmec buy a mechanical desig
Slide 4: Markets & Technology solutions
Markets & Technology solutions UNDERGROUND ENERGY RAILWAY INFRASTRUCTURES Power lines Construction & Railway line Construction & Large-scale infrastructure Maintenance Maintenance Underground Cables Laying Special application Shale Gas & Oil Grid Efficiency & Management New eco-friendly technology D
Slide 5: Energy
Energy Stringing Equipment Machines and integrated systems for aerial and underground stringing, power lines and fiber optic cables. Grid Efficiency Local power generation TRANSMISSION LINES SMART GRIDS Grids efficiency HIGH VOLTAGE LINES MEDIUM & LOW VOLTAGE LINES Predictive maintenance Deploy SENS
Slide 6: Railway
Railway Catenary Installation Railway Business untill 2012 Constant Tension Stringing Units specifically designed and manufactured for stringing cables in construction and maintenance of railways lines electrification or refurbishment. Products range upgrade by strategic acquisition in 2012 Catenary
Slide 7: Underground Infrastructures
Underground Infrastructures Trencher High powered tracked trenchers for linear excavation of underground networks and pipelines, and delivery of data, raw materials, and liquid and gaseous materials; high powered tracked trenchers for mining and levelling works (RockHawg). Specialist Digging Service
Slide 8: Production sites
Production sites Production The Group, established in 1951 relies on more than 430 employees and has five production plants: four in Italy, in Grassobbio (Bergamo), Endine Gaiano (Bergamo), Sirone (Lecco), Monopoli (Bari), and one in the USA, in Alvarado (Texas). TOTAL AREA COVERED AREA (m2) PRODUCT
Slide 9: Group Structure
Group Structure Brief description of Subsidiaries, Joint Venture and associated companies Tesmec USA Inc., a company that is 100% owned by Tesmec S.p.A. (with participation in the equity of Simest), is based in Alvarado (Texas) and operates in the Trencher segment and in the Stringing equipment (Rai
Slide 10: International presence in key areas
International presence in key areas Tesmec Group: subsidiaries, participated companies and representative offices 10/18
Slide 11: Strong presence on US Market
Strong presence on US Market Condux-Tesmec Inc JV in Minnesota Condux Tesmec Inc, a joint venture that is 50% owned by Tesmec S.p.A. and 50% by US shareholder Condux, which is based in Mankato (USA), has been active since June 2009 in selling products for the North American stringing equipment marke
Slide 12: International Presence & Global Customer
International Presence & Global Customer 2011 The Group has a commercial presence 2012 globally in most foreign countries and can 13% 4% 6% count on a direct presence in several 24% 22% continents, consisting of foreign 21% 6% companies and sales offices in USA, South Africa, Russia, Qatar, Bulgaria
Slide 13: Key Projects
Key Projects RAILWAY GRIDS EFFICIENCY New technologies for Agreement with FSK RFI in Italy in Russia RAILWAY Catenary Installation in China Americas Europe & Africa Asia TRENCHERS Development in Qatar&Saudi Arabia RAILWAY STRINGING TRENCHERS SPECIALIST Strategic Project with Big Projects Shale Gas p
Slide 14: Group Strategy "3xi" Approach
Group Strategy “3xi” Approach On-going investments in Innovation Research and Technological innovation Development and of the machines -> technological innovation to consolidate its digitalization leading position in the supply of technologically advanced solutions Strategic partnerships to Integrat
Slide 15: Rating assigned to Tesmec from Cerved Group
Rating assigned to Tesmec from Cerved Group A 1.1 Tesmec has been assigned A 1.2 a solicited rating A 1.3 SAFETY by Cerved Group on A 2.1 February 24, 2014, A 2.2 of A 3.1 Classes of B 1.1 SOLVENCY risk for A 2.2 B 1.2 Cerved Group B 2.1 equivalent to B 2.2 VULNERABILITY a high credit rating with a
Slide 16: Main Financial Highlights 2013 and Outlook 2014
Main Financial Highlights 2013 and Outlook 2014 2013 has been impacted by: -> postponement in the implementation of infrastructure projects linked to the crisis in some important markets (Brics Area where local currencies have strongly devaluated against the Euro; - > unfavorable exchange rate Euro
Slide 17: Main Financial Highlights 2013 and Outlook 2014
Main Financial Highlights 2013 and Outlook 2014 EBITDA 24 18 19 20 The Group expects EBITDA growth of more than 10 proportional to the revenues increase thanks to the strong contribution from the new business lines: Railway and Grid Efficiency. 0 Euro Mln 2010 2011 2012 2013* 2014 2015 2016 2017 201
Slide 18: Disclaimer
Disclaimer • The Manager responsible for preparing the company’s financial reports, Andrea Bramani, declares, pursuant to paragraph 2 of Article 154-bis of the Consolidated Law on Finance, that the accounting information contained in this presentation corresponds to the document results, books and a
Slide 19: TESMEC S.p.A - Headquarters
TESMEC S.p.A - Headquarters via Zanica, 17/O - 24050 Grassobbio (BG) - Italy Tel. +39.035.423 2911 - Fax +39.035.4522444 Management and Administration Fax +39.035.4522445 Stringing Equipment Division - Fax +39.035.335664 Trencher Division www.tesmec.com - info@tesmec.it