Endur Asa · OSL:ENDUR
Endur Asa — Investor Presentation (November 2021)
11 slides from Endur Asa's investor presentation, November 2021
Slide 1: Endúr ASA Company Presentation
Endúr ASA Company Presentation November 2021
Slide 2: Introduction to Endúr
Introduction to Endúr Company highlights Portfolio companies and locations • Leading full-service provider for marine infrastructure and aquaculture solutions in Norway and Sweden with ability to win large public and private sector projects • Listed on Oslo Stock Exchange with a MCAP of NOK 810m1) L
Slide 3: Company highlights
Company highlights 1 Substantial financial improvement in Q3 with an EBITDA of NOK 64m and a solid backlog of NOK ~2,200m 2 Attractive growth and vast maintenance overhang in public infrastructure in Marine Infrastructure segment 3 Unique competence and experience in near-water engineering and const
Slide 4: Leading player in rehabilitation and concrete structures
Leading player in rehabilitation and concrete structures About BMO Entreprenør Key figures1) Revenues EBITDA EBITDA-margin • Leading Norwegian player in the rehabilitation of bridges, quays, dams and other concrete and steel structures 19.4% 18.0% 17.0% 14.1% 7.8% 17.2% since 1996 500 479 • Nationwi
Slide 5: A multi-service marine infrastructure provider
A multi-service marine infrastructure provider About Marcon Key figures1) Revenues EBITDA EBITDA-margin • Leading Swedish company engaged in marine construction and civil engineering activities 18.7% 18.7% 18.7% 20.2% 19.9% 19.9% 417 433 • Established in 1982 by Jörn Ryberg 381 357 • Footprint acros
Slide 6: A leading turnkey supplier for onshore aquaculture
A leading turnkey supplier for onshore aquaculture About Artec Aqua Key figures • Established in 2002. Founders still active in the company and Revenues EBITDA EBITDA-margin collectively Endúrs largest shareholders 9.3% 11.2% 8.3% 6.6% 6.1% 10.1% • Located in Ålesund, a region with a cluster of fish
Slide 7: Substantial potential in growing infrastructure market
Substantial potential in growing infrastructure market Attractive market environment Norwegian infrastructure market and current state Swedish infrastructure market Public sector investments, NOKbn Public sector investments, SEKbn 1 Long-term prospects and market visibility • Inferior condition +15%
Slide 8: Well positioned for future profitability
Well positioned for future profitability Firm contract backlog and prospects pipeline Order backlog growth 2,200 Client prospects +73% NOK 49.9bn 1,270 Backlog NOK 2.2bn Firm contracts without any reservations Q3 ’20 Q3 ’21 8
Slide 9: Experienced management and Board of Directors
Experienced management and Board of Directors Management Board Jeppe Råholt Lasse B. Kjelsås Pål R. Olsen Bjørn Finnøy CEO Endúr CFO Endúr Chairman Board member • Former CEO of BMO • Extensive experience as • Over 30 years of • Founder of Artec Aqua Entreprenør CFO for several companies experience f
Slide 10: Substantial financial improvement in Q3
Substantial financial improvement in Q3 Financials (NOKm) Prospects and agreements 542 566 413 Artec Aqua has signed a total enterprise agreement with Råknes Revenues Gård, Sjømat AS for the development of an on-growth farming facility. 1 The agreement, which is subject to the developer obtaining th
Slide 11: Endúr is an Old Norse word
Endúr is an Old Norse word derived from the word ‘endurnýja’ – which means to renew, to refresh, to change. But endúr also has several other meanings – not least ‘enduring’ or ‘persisting’ – and can be read as a short form of the English word endurance, which means tireless perseverance; to withstan