Avax S.A. · ATHEX:AVAX
Avax — FY2022 Earnings Presentation
8 slides from Avax's earnings presentation, May 11, 2023
Slide 1: Group Presentation 2022 Financial Results
Group Presentation 2022 Financial Results 11.05.2023
Slide 2: Headline Group Financial Figures
Headline Group Financial Figures % of % of amounts in € million 2022 2021 turnover turnover INCOME STATEMENT Turnover 402.7 592.2 Gross profit 20.9 5.2% 31.6 5.3% EBIT 39.3 9.8% 22.2 3.8% Pre Tax Earnings 18.5 4.6% 0 0% Net Earnings. continuing operations 12.9 3.2% 2.0 0.3% - continuing + discontinu
Slide 3: Bank Debt
Bank Debt amounts in € million -51.4% -32.9% 3
Slide 4: Work-in-Hand
Work-in-Hand amounts in € million 4
Slide 5: Group Strategy
Group Strategy Focused on construction and concessions ▪ disinvestment from non-core activities and mature participations in concessions, to recycle funds into new concessions/PPPs offering superior returns ▪ transfer of Company participations to 100% subsidiary «ΑVAX Concessions» along with related
Slide 6: Group Structure
Group Structure Construction activity is distinguished in three business units: ▪ Infrastructure & Buildings [complex infrastructure projects and building facilities, with substantial MEP works] ▪ Energy & Industrial [technologically advanced and complex, large-scale energy and industrial projects,
Slide 7: Concession/PPP portfolio
Concession/PPP portfolio Salonica Flyover [PPP, 50%] Aegean Motorway [concession 23.61%] Athens Ring Road [concession 34.25%] Various Underground Car Ilia Waste Management Parks in Athens and [PPP, 50%] Salonica [concession, ~25%-55%] Moreas Motorway [concession, 15%] Olympia Motorway [concession 19
Slide 8: Shareholder Base – Share Statistics
Shareholder Base – Share Statistics Increasing stock liquidity • two Market Makers (MM) appointed • futures trading started in Feb 2023, with two MMs appointed AVAX General price change share Index during 2023 27.0% 20.8% last 12Μ 16.3% 30.7% The families of main shareholders control 70.8% of AVAX s