Cementir Holding N.v. · MIL:CEM
Cementir — Cemetir Holding — Q1 2021 Earnings Presentation
11 slides from Cementir's earnings presentation, May 12, 2021
Slide 1: Cementir Holding N.V. 2021 First Quarter results
Cementir Holding N.V. 2021 First Quarter results May 5th, 2021 Naturalis Biodiverity Center, Leiden, The Netherlands (Architect: Neutelings Riedijk Architects - Photo: Scagliola Brakkee) Conference call | 5 May 2021
Slide 2: 2021 First Quarter results highlights
2021 First Quarter results highlights • Revenues reached 300.5 M€ (+12.6%) thanks to good performance in all geographies − Cement volumes up by 17.5% driven by Turkey, Belgium and Denmark • EBITDA reached 48.1 M€ (+49.4%) − Higher contribution from Belgium, Turkey, Denmark, and to a lesser extent As
Slide 3: Nordic & Baltic
Nordic & Baltic • Denmark 42% − Both grey and white cement volumes up due to increased market activity 56% − White cement exports slightly down due to lower deliveries to Poland, partially set by higher volumes to Belgium and France; grey cement Share of Share of exports declined by 14% due lower sa
Slide 4: Belgium and France
Belgium and France (*) 19% 20% Share of Share of Group Revenue Group Ebitda Q1 2021 Q1 2021 • Belgium • France − Cement and clinker volumes increased by 8%, prices up − RMC: over 20% volumes growth thanks to some important projects getting under way EUR '000 Q1 2021 Q1 2020 Chg % − Aggregates: volum
Slide 5: North America
North America 8% 11% Share of Share of Group Revenue Group Ebitda Q1 2021 Q1 2021 • United States − Sustained volume growth of white cement especially in Florida and York region (PA) also due to a base effect and favorable weather despite a hurricane in Texas and snowfall in York − 4.2% decline in r
Slide 6: Asia Pacific
Asia Pacific 8% 6% • China − Strong demand with white cement and clinker sales volumes up 60%, despite a rainy start of the year, supported by several Share of Share of projects Group Revenue Group Ebitda − EBITDA up by 44.4% driven by higher volumes despite higher Q1 2021 Q1 2021 fixed costs − Chin
Slide 7: Turkey
Turkey 10% 2% Share of Share of Group Revenue Group Ebitda • Turkey (*) Q1 2021 Q1 2021 − Grey cement volumes increased by around 30%, with domestic sales volumes up 38% driven by strong demand in the Marmara, Anatolian and Aegean regions − Exports up 8% with a more favorable sales mix EUR '000 Q1 2
Slide 8: Egypt
Egypt 4% 6% Share of Share of Group Revenue Group Ebitda Q1 2021 Q1 2021 • Egypt − White cement domestic volumes increased by more than 35% − White export volumes increased by 30% after the removal of pandemic restrictions. EUR '000 Q1 2021 Q1 2020 Chg % − EBITDA increased by 48.3% due to higher vol
Slide 9: 2021 Full Year Guidance - unchanged
2021 Full Year Guidance - unchanged • Revenues ~ 1,3 BN€ • EBITDA ~ 285-295 M€ • Net debt ~ 30 M€ • Capex ~ 95 M€ This forward-looking indication does not include new outbreaks of the Covid-19 pandemic in the coming months. The foregoing exclusively reflects the point of view of the company's manage
Slide 10: Consolidated Income Statement
Consolidated Income Statement (EUR million) Q1 2021 Q1 2020 Chg % REVENUE FROM SALES AND SERVICES 300.5 266.9 12.6% Change in inventories (1.2) (1.0) (22.8%) Increase for internal work and other rincomeevenue 5.4 4.1 29.9% TOTAL OPERATING REVENUE 304.6 270.0 12.8% Raw materials costs (123.7) (102.8)
Slide 11: Disclaimer and Other information
Disclaimer and Other information •This presentation has been prepared by and is the sole responsibility of Cementir Holding N.V. (the Investor Relations: “Company”) for the sole purpose described herein. In no case may it or any other statement (oral or otherwise) made at any time in connection here