Polimex - Mostostal Sa · GPW:PXM
Polimex - Mostostal Sa — Investor Presentation (November 2018)
30 slides from Polimex - Mostostal Sa's investor presentation, November 2018
Slide 1: Polimex Mostostal Capital Group
Date (Arial 20pt, dark gray) POLIMEX MOSTOSTAL CAPITAL GROUP NOVEMBER 2018
Slide 2: Polimex Mostostal Capital Group
Polimex Mostostal Capital Group Polimex Mostostal Capital Group is one of the leaders in the Polish construction sector, recognised on the market for its impressive order portfolio, unique expertise marked by several decades of the market presence, impeccable quality of delivered services and solid
Slide 3: Polimex Mostostal Capital Group in numbers
Polimex Mostostal Capital Group Polimex Mostostal Capital Group in numbers Almost 5,000 highly-qualified employees Over 70 years of market presence in Poland A publicly-traded company listed on the Warsaw Stock Exchange since 1997 November 2018 2
Slide 4: Segments of Polimex Mostostal Capital Group
Segments of Polimex Mostostal Capital Group Polimex Mostostal Capital Group consists of production and service companies operating in the following key sectors: POWER SECTOR OIL, GAS, INDUSTRIAL PRODUCTION INFRASTRUCTURE CHEMICALS CONSTRUCTION November 2018 3
Slide 5: Key Entities of Polimex Mostostal Capital Group
Key Entities of Polimex Mostostal Capital Group November 2018 4
Slide 6: Fields of Activity: Oil, Gas, Chemicals
Fields of Activity: Oil, Gas, Chemicals We operate in a wide variety of industries, ranging from refinery, petrochemical, chemical, energy and coke oven. We specialize in the construction and modernization of production facilities and installations for the following: ▪ chemical plants ▪ kerosene ref
Slide 7: Naftoremont-Naftobudowa Sp. z o.o.
Key Entities of Polimex Mostostal Capital Group Naftoremont-Naftobudowa Sp. z o.o. Construction of CDU/VDU installations Neste BTT Botlek Tank Terminal Biodiesel Installation Lotos Group Refinery in Gdańsk for Porvoo, Finland www.naftoremont.pl November 2018 6
Slide 8: Fields of Activity: Power Sector
Fields of Activity: Power Sector Our excellent industry expertise and knowledge of energy facilities, combined with our experienced and highly-qualified workforce allow us to comprehensively implement organizationally and technically challenging, highly complex turn-key projects in the power sector.
Slide 9: Strategic Projects of Polimex Mostostal Capital Group
Strategic Projects of Polimex Mostostal Capital Group Project Kozienice for GK ENEA Project Opole for GK PGE Project Żerań for GK PGNiG Project completed November 2018 8
Slide 10: Strategic Projects: Kozienice Power Plant Unit 11
Strategic Projects: Kozienice Power Plant Unit 11 In December 2017 Kozienice Power Plant, the entity of Enea Wytwarzanie, ceremoniously opened a new power unit for ultra-supercritical parameters with a capacity of 1075 MW. The unit was a high-profile turn-key investment by Polimex-Mostostal and it w
Slide 11: Strategic Projects: Opole Power Plant Unit 5 and 6
Strategic Projects: Opole Power Plant Unit 5 and 6 Polimex-Mostostal is currently involved in the construction of two new power blocks in Opole Power Plant. Each block will have the capacity of 900 MW. The contract value is estimated at PLN 11.5 billion gross, of which approximately 42%, i.e. PLN 4.
Slide 12: Strategic Projects - Steam and Gas Unit in EC Żerań
Strategic Projects - Steam and Gas Unit in EC Żerań The construction of a steam and gas unit for the CHP plant EC Żerań, an entity of PGNiG TERMIKA, is a strategic energy investment for the Warsaw agglomeration. It is going to be the second largest gas and steam block in Poland. The contract value i
Slide 13: Fields of Activity: Industrial and General Construction
Fields of Activity: Industrial and General Construction Polimex Budownictwo offers comprehensive services in the industrial and general construction sector in the capacity of a General Contractor (GW). The company's offer is based on two main pillars: Industrial construction ▪ production plants ▪ wa
Slide 14: Polimex Budownictwo Sp. z o.o. Sp.k.
Key Entities of Polimex Mostostal Capital Group Polimex Budownictwo Sp. z o.o. Sp.k. Marshall Józef Piłsudski's Municipal Bridgestone factory in Stargard European Solidarity Centre in Gdańsk Stadium of Legia Warsaw Konstrukcje kratownicowe, Obiekty użyteczności publicznej ramy, słupy OutletPark Outl
Slide 15: Fields of Activity: Production
Fields of Activity: Production Mostostal Siedlce is one of the leading European manufacturers of steel structures. Mostostal Siedlce specializes in the production of steel structures and platform gratings, it also provides services in the corrosion protection of steel structures, particularly using
Slide 16: Mostostal Siedlce Sp. z o.o. Sp. k.
Key Entities of Polimex Mostostal Capital Group Mostostal Siedlce Sp. z o.o. Sp. k. Power plants, Truss structures, frames, poles Public facilities petrochemical industry www.mostostal.siedlce.pl November 2018 15
Slide 17: Fields of Activity: Infrastructure
Fields of Activity: Infrastructure Among the major assets of Polimex Infrastruktura are our subject matter experts with their unparalleled knowledge and solid experience in the infrastructure industry. We offer services in the comprehensive implementation of organizationally and technically challeng
Slide 18: Polimex Infrastruktura Sp. z o.o.
Key Entities of Polimex Mostostal Capital Group Polimex Infrastruktura Sp. z o.o. INFRASTRUKTURA Polimex Infrastruktura Sp. z o.o. A4 highway section Wielicka-Szarów A1 highway section Sośnica-Maciejów A2 highway section Stryków-Konotopa www.polimex-mostostal.pl November 2018 17
Slide 19: Selected Financial Data for Q1-3 2018
SELECTED FINANCIAL DATA FOR Q1-3 2018 POLIMEX MOSTOSTAL CAPITAL GROUP November 2018 18
Slide 20: Selected Financial Data for Q1-3 2018 in million PLN
Selected Financial Data for Q1-3 2018 in million PLN Polimex Mostostal Capital Group IN MLN PL Q1-2 2018 Q1-3 2018 OPERATING INCOME 810 1 198 OPERATING PROFIT -7 -7 EBITDA 6 13 GROSS INCOME -17 -25 NET INCOME -21 -10 NOTES ▪ After Q3 2018 Polimex Mostostal Capital Group (the „Capital Group”) had the
Slide 21: Selected Financial Data for Q1-3 2018 in million PLN
Selected Financial Data for Q1-3 2018 in million PLN „Polimex-Mostostal” S.A. IN MLN PL Q1-2 2018 Q1-3 2018 OPERATING INCOME 230 351 OPERATING PROFIT -18 -8 EBITDA -17 -6 GROSS INCOME -13 -20 NET INCOME 0 -1 NOTES ▪ After Q3 2018 „Polimex-Mostostal” S.A. (the „Company”) had the operating income of P
Slide 22: Segments of the Capital Group for Q1-3 2018 in million PLN
Segments of the Capital Group for Q1-3 2018 in million PLN Oil, Gas, Industrial Infrastructure Other In mln PLN Power* Production Chemicals Construction Construction Activities Exclusions Total SALES TO EXTERNAL CUSTOMERS EXCLUDING SALES REVENUE BETWEEN THE 437 515 192 49 0 5 1 198 SECTORS TOTAL INC
Slide 23: Revenues Q1-3 2018 (in million PLN)
Polimex Mostostal Capital Group Revenues Q1-3 2018 (in million PLN) 1% 1% 3% 1% 0% 0% POWER SECTOR 9% 16% PRODUCTION 37% OIL, GAS, CHEMICALS 2018 INDUSTRY 28% 2017 INDUSTIAL CONSTRUCTION 61% INFASTRUCTURE 43% OTHER ACTIVITIES 1 019 Q1-3 I-III Q 2017 2017 I-III Q 2018 Q1-3 2018 515 437 467 153 192 18
Slide 24: Order Book (in billion PLN)
Polimex Mostostal Capital Group Order Book (in billion PLN) 2,6 Strategic 1,3 projects 1,2 0,5 1,3 0,5 Other projects 0,7 September 2017 September 2018 Order book as of the end of September 2018 (in mln PLN) Power sector* Oil, Gas, Chemicals Production Others 991 72 141 27 * Including strategic proj
Slide 25: New Projects Within the Capital Group
New Projects Within the Capital Group ▪ Construction of 4x32.000 m3 tanks at the fuel depot no 1 in Koluszki and at the fuel depot no 2 in Nowa Wieś Wielka (contract value: PLN 67,6 mln), Client: PERN (Poland) ▪ Delivery and assembly of a catalytic denitrogenation system for the OP-650 boilers in un
Slide 26: Estimated Value of Currently Quoted Projects in the Group
Estimated Value of Currently Quoted Projects in the Group PxE NN PxB 2750 2600 2500 2250 2040 2000 1750 1500 1250 1000 793 750 655 540 500 446 250 143 143 0 Szacowana Estimated wartość value Udział na spółkę Company’s share Szacowana Estimated wartość value Udział na spółkę Company’s share Szacowana
Slide 27: Initiatives to Increase Operational Efficiency
INITIATIVES WITHIN POLIMEX MOSTOSTAL CAPITAL GROUP TO INCREASE OPERATIONAL EFFICIENCY – IMPLEMENTATION OF THE DEVELOPMENT PLANNING GUIDELINES November 2018 26
Slide 28: The Capital Group Goals Accomplished in Q1-Q3 2018
The Capital Group Goals Accomplished in Q1-Q3 2018 ▪ Improvement of project management competencies (planning, scheduling, introduction of a new organizational structure within the Group’s entities; responsibility for budgeting – the Business Line), implementation of “contract administration” functi
Slide 29: Legal Disclaimer
Polimex Mostostal Capital Group – Legal Disclaimer This material is not part of, nor should be considered an offer or an incentive to purchase the securities of "Polimex–Mostostal" S.A. (the "Company"). The material should not constitute, in whole or in part, any grounds for, nor should it be referr
Slide 30: Contact
CONTACT „Polimex-Mostostal” SA al. Jana Pawła II 12 00-124 Warszawa Phone no: +48 22 829 71 00 November 2018 29
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