Slide 1: Investor presentation 12m 2013
Investor presentation 12m 2013 Investor Presentation
Slide 2: Nordecon overview
Nordecon overview Investor Presentation
Slide 3: Nordecon in brief
Nordecon in brief KEY FACTS • Nordecon is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment • Geographically the Group operates currently in Estonia, Ukraine and Finland. The parent of the Gro
Slide 4: Nordecon in brief: vision, mission, values
Nordecon in brief VISION: To be the preferred partner in the construction industry for customers, subcontractors and employees. MISSION: To offer our customers building and infrastructure construction solutions that meet their needs and fit their budget and thus help them maintain and add value to t
Slide 5: Nordecon Group's main strategic objectives until 2013 (incl.)
Nordecon Group’s main strategic objectives until 2013 (incl.) • To complete the significant adjustments to the Group’s structure and governance that were launched in 2009 in order to secure profitable and rapid growth in the rise phase of the market • To operate in Latvia, Lithuania and Belarus on a
Slide 6: Business model
Business model Industrial buildings Commercial buildings Public buildings Residential buildings BUILDINGS OPERATIONAL ACTIVITIES INFRASTRUCTURE Road construction and maintenance Specialist engineering Other infrastructure - road construction - bridges, viaducts - environmental engineering - road mai
Slide 7: Group's strengths
Group’s strengths • An organisation with shareholders oriented towards long-term profitable growth • A flexible, horizontally integrated business model across the Group • Experienced management • Professional and loyal employees • Relative conservatism in risk-taking • Selected support services cent
Slide 8: Nordecon financial information and key facts 12m 2013
Nordecon financial information and key facts 12m 2013 Investor Presentation
Slide 9: Period in brief
Period in brief • Sales exceeded 2012 comparative figure by 9%. Main driver for growth were large road construction projects, increased share of environmental engineering and commercial buildings. • Factors contributing to growth of gross margin – increased market volumes, stable input prices and un
Slide 10: Key figures / ratios
Key figures / ratios Figure / Ratio 12m 2013 12m 2012 Revenue (tEUR) 173,953 159,422 Revenue growth/decrease, % 9.1% 7.9% Net profit/loss (tEUR) 5,200 1,926 Gross margin, % 6.9% 5.2% EBITDA margin*, % 5.5% 3.0% Net margin, % 3.0% 1.2% Earnings per share (EUR) 0.17 0.05 Equity ratio, % 33.7% 27.1% Ad
Slide 11: Revenue and profit
Revenue tEUR Profit tEUR Revenue and profit 173 953 13 000 • Revenue growth driven by infrastructure 159 422 segment. Large road construction projects on- 160 000 147 802 11 930 11 000 going from Q1 and ended in Q4. 140 000 9 000 • Smaller part of revenue increase attributed to buildings segment, es
Slide 12: Revenue by geographic regions
Revenue by geographic regions 12m 2011 12m 2012 12m 2013 Estonia Estonia Estonia Belarus Finland Finland Finland 12m 2011 12m 2012 12m 2013 • Main focus to remain in Estonia until 2013 (incl.) Estonia 97% 98% 95% • Business in Finland remains limited to existing Finland 2% 2% 5% sub-segment (concret
Slide 13: Order book
Order book Order book tEUR 140 000 134 043 • Order book has decreased due to gradual performance of major 127 259 contracts secured in 2011-2012. Addition of large contracts has been irregular. Public investments have decreased in 2013 120 000 because the end current of EU budget (2007-2013). Privat
Slide 14: Revenue distribution by segments
Revenue distribution % of by segments revenue 100 • Performance of three major road construction 90 projects and increased environmental 80 engineering attributed to increase of 52 infrastructure segment revenue 70 58 59 60 • Despite the decline of buildings segment’s 50 share of revenue, the gross
Slide 15: Revenue distribution – buildings
Revenue distribution – buildings % of revenue 100 • Share of public sector contracts declining because of 90 21 fierce competition and the Group has been avoiding 36 80 excess risks. Also the absence of large contracts from 45 5 prior periods influenced the decrease in volumes . 70 • Apartment build
Slide 16: Revenue distribution – infrastructure
Revenue distribution – % of revenue infrastructure 100 8 7 12 • Environmental infrastructure got more funding from 90 10 15 EU during last years of 2007-2013 budget. Group has 8 80 secured lately increased number of environmental engineering contracts. 70 26 35 27 • Specialist engineering (port cons
Slide 17: Share and shareholders information
Share and shareholders information 1,3 850 Index/share 1.01.2013 31.12.2013 +/-% OMX Tallinn 734.20 817.72 11.38 1,25 NCN1T 1.16 1.05 -9.48 800 1,2 OMX Tallinn NCN1T OMX TALLINN 750 NCN1T 1,15 1,1 700 1,05 650 1 600 0,95 1.01.2013 1.04.2013 1.07.2013 1.10.2013 1.01.2014 Largest shareholders of Norde
Slide 18: Contact Information
Contact Information Nordecon AS Tel: +372 615 4400 www.nordecon.com Pärnu mnt 158/1 Tallinn 11317 Estonia Head of Finance and Investor Relations Raimo Talviste Tel: +372 615 4445 raimo.talviste@nordecon.com Investor Presentation