Polimex - Mostostal Sa · GPW:PXM
Polimex - Mostostal Sa — 9M 2021 Earnings Presentation
30 slides from Polimex - Mostostal Sa's earnings presentation, November 2021
Slide 1: Polimex Mostostal Capital Group Financial Results for 1-3Q 2021
Date (Arial 20pt, dark gray) POLIMEX MOSTOSTAL CAPITAL GROUP FINANCIAL RESULTS FOR 1-3Q 2021
Slide 2: We Build the Future
November 2021 WE BUILD THE FUTURE WWW.POLIMEX-MOSTOSTAL.PL 1
Slide 3: Polimex Mostostal Capital Group – 2021: 3rd Quarter Summary
Polimex Mostostal Capital Group – 2021: 3rd Quarter Summary ▪ PLN 69 million net profit for the third quarter of 2021– an increase of PLN 35 million (+103% y/y) ▪ PLN 1 588 million of sales revenues in the third quarter of 2021– an increase of PLN 484 million (+44% y/y) ▪ Order backlog worth - PLN 5
Slide 4: Polimex Mostostal Capital Group
Polimex Mostostal Capital Group The company carries out specialized investments in Poland and abroad for the energy, petrochemical, gas and environmental protection industries. It is a producer and an exporter of steel structures and platform gratings. It also provides services in the galvanizing an
Slide 5: Segments of Polimex Mostostal Capital Group
Segments of Polimex Mostostal Capital Group Polimex Mostostal Capital Group consists companies operating in the following key sectors: POWER SECTOR OIL, GAS INDUSTRIAL PRODUCTION INFRASTRUCTURE EQUIPMENT AND SERVICE AND CHEMICAL CONSTRUCTION BASE November 2021 WWW.POLIMEX-MOSTOSTAL.PL 4
Slide 6: Business segments (1/2)
Business segments (1/2) Polimex Energetyka – our excellent industry expertise and knowledge of energy facilities allow us to comprehensively implement organizationally and technically challenging, highly complex turnkey projects in the power sector. We operate both in Poland and the EU providing ser
Slide 7: Business segments (2/2)
Business segments (2/2) Polimex Budownictwo and Polimex Infrastruktura – we offer comprehensive services in the segment of industrial and general construction in the formula of a General Contractor (GC). The Company’s offer is based on the following pillars: Industrial and cubature construction ▪ pr
Slide 8: Segment of Activity: Equipment base
Segment of Activity: Equipment base Polimex Operator Sp. z o.o. Sp. k. deals with the rental and lease of construction equipment with operator services, including self-propelled cranes with lifting capacities from 16 tons to 220 tons and other equipment, including loaders, telescopic lifts, as well
Slide 9: Employment in companies of the Polimex Mostostal Capital Group
Employment in companies of the Polimex Mostostal Capital Group Number of emplyees Employment structure 4700 4589 + 81 person 4600 4518 4500 4400 33% 4300 4200 67% 4100 4000 1 2 worker positions Non-worker position 30.06.2021 31.12.2020 Work experience in the companies of the Polimex Mostostal Capita
Slide 10: Selected Currently Implemented Projects
SELECTED CURRENTLY IMPLEMENTED PROJECTS November 2021 WWW.POLIMEX-MOSTOSTAL.PL 9
Slide 11: Strategic coal project - Puławy
Strategic coal project - Puławy Puławy New coal power unit with the capacity of 100 MWe and 300 MWt in Grupa Azoty PUŁAWY ▪ Total net value of the contract: PLN 1 160 million ▪ Net share of Polimex Mostostal and Polimex Energetyka - PLN 1 150 million ▪ Time frame for implementation: 10.2019 – 10.202
Slide 12: Strategic gas project - Żerań
Strategic gas project - Żerań Żerań Gas and steam power unit with the capacity of 497 MWe at the Żerań CHP Plant in Warsaw ▪ Total net value of the contract: PLN 909 million, EURO 91 million ▪ Net share of Polimex Mostostal PLN 352 million ▪ Time frame for implementation 06.2017 – 11.2021 Contractor
Slide 13: Strategic gas project - Dolna Odra
Strategic gas project - Dolna Odra Dolna Odra Two new gas and steam power units at Dolna Odra Power Plant Branch ▪ Total value of the contract PLN 3 650 million ▪ Net share of Polimex Mostostal PLN 1 506 million ▪ Time frame for implementation 02.2020 – 12.2023 Contractors: November 2021 2021 WWW.PO
Slide 14: Strategic gas project – EC Czechnica
Strategic gas project – EC Czechnica Siechnice Gas and steam power unit for ZEW KOGENERACJA S.A. ▪ Total value of the contract PLN 1 159 million net ▪ Service contract value PLN 118 miLlion ▪ Time frame for implementation 07.2021– 04.2024 Contractors: November 2021 2021 WWW.POLIMEX-MOSTOSTAL.PL 13
Slide 15: Order Book and Value of Currently Offered Projects
ORDER BOOK AND VALUE OF CURRENTLY OFFERED PROJECTS November 2021 2021 WWW.POLIMEX-MOSTOSTAL.PL 14
Slide 16: Polimex Mostostal Capital Group Order Book (in billion PLN)
Polimex Mostostal Capital Group Order Book (in billion PLN) 5,3 5,1 5,0 4,9 3,9 2020 2020 2021 2021 2021 SEPTEMBER DECEMBER MARCH JUNE SEPTEMBER Portfel Order portfolio after Q3 2021 in million PLN POWER SECTOR OIL,GAS, PRODUCTION OTHERS CHEMICALS 3 619 484 226 593 November 2021 WWW.POLIMEX-MOSTOSTA
Slide 17: Value of Currently Offered Projects in the Companies (gross)
Value of Currently Offered Projects in the Companies (gross) 5 900 5 500 5 000 4 500 4 000 3 500 3 500 3 000 2 500 1 983 2 000 1 701 1 542 1 542 1 568 1 500 900 1 066 1 000 746 500 0 Szacowana Udział na Company's Szacowana Company's Udział na Szacowana Udział na Szacowana Company's Udział na Szacowa
Slide 18: New project as from 01.01.2021 (net amounts in PLN)
New project as from 01.01.2021 (net amounts in PLN) ▪ Implementation on Turn-key basis of a Steam and Gas-Heat Power Plant for Kogeneracja S.A. in Siechnice, Poland (Contract amount: PLN 1 billion 159 mln plus PLN118 million service contract) Client: PGE Energia Ciepła (Poland) ▪ Extension of tram l
Slide 19: Selected Financial Data for Q3 2021
SELECTED FINANCIAL DATA FOR Q 3 2021 November 2021 2021 WWW.POLIMEX-MOSTOSTAL.PL 18
Slide 20: Selected financial data for 3Q.2021 (in mln PLN)
Selected financial data for 3Q.2021 r. (in mln PLN) Polimex Mostostal Capital Group 1 800 100 95 140 80 1 588 122 69 90 1 600 +44% +94% 120 +58% 70 +103% 1 400 80 60 70 100 1 200 1 104 60 77 50 1 000 80 49 50 40 34 800 60 40 30 600 30 40 400 20 20 20 10 200 10 0 0 0 0 OPERATING PRZYCHODY INCOME OPER
Slide 21: Segments of the Capital Group in 3Q 2021 (in mln PLN)
Segments of the Capital Group in 3Q. 2021 r. (in mln PLN) EBITDA PxM CG Income PxM CG KOMENTARZ Segment Revenue PXM CG Segments Country/Abroad ▪ The highest sales revenues were 3Q.2021 vs 3Q.2020 3Q.2021 vs 3Q.2020 generated in Q3’21 by Production and 3Q.2021 vs 3Q.2020 the Power Sector - 74% total,
Slide 22: Financial flows and indebtedness of Capital Group 3Q 2021
Financial flows and indebtedness of Capital Group 3Q. 2021 r. (in million PLN) Net debt* in relation to EBITDA LTM Net cash flow** 0 0% 450 YE 2020 r. 1Q 2021 r. IH 2021 r. 3Q 2021 r. 389 -50% 400 -100 350 -149 -100% 301 -200 300 -215 -150% 250 -300 -117% -200% 200 -170% -400 150 -250% -264% 100 83
Slide 23: Financial results compared with the companies listed in WIG-BUD
Financial results of Polimex Mostostal Capital Group compared with the companies listed in WIG-BUD in billion PLN Comparative analysis to WIG-BUD listed companies 10,8% 12,0% 12,0 8,7% 8,2% 10,0% 7,2% 10,0 8,0% 4,7% 6,0% 8,0 3,7% 2,6% 4,0% 6,0 12,8 2,0% 4,0 0,0% 7,7 -4,3% 5,0 -2,0% 2,0 4,9 1,3 2,8 2
Slide 24: Technical Safety Leader
TECHNICAL SAFETY LEADER November 2021 2021 WWW.POLIMEX-MOSTOSTAL.PL 23
Slide 25: Polimex Mostostal - Leader of Safety
Polimex Mostostal - Leader of Safety The primary goal of Polimex Mostostal Capital Group is to implement projects that fulfil the expectations of our Clients, while adhering to the highest international quality, environmental protection and occupational health and safety standards, with due regard f
Slide 26: Domestic Market – Our Clients and Partners
Domestic Market – Our Clients and Partners Klienci Partnerzy November 2021 WWW.POLIMEX-MOSTOSTAL.PL 25
Slide 27: International Markets – Our Clients
International Markets – Our Clients November 2021 WWW.POLIMEX-MOSTOSTAL.PL 26
Slide 28: International Markets – Our Partners
International Markets – Our Partners November 2021 WWW.POLIMEX-MOSTOSTAL.PL 27
Slide 29: Polimex Mostostal Capital Group – 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 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 referred to
Slide 30: Contact
CONTACT Polimex Mostostal S.A. al. Jana Pawła II 12 00-124 Warszawa Tel. +48 22 829 71 00 www.polimex-mostostal.pl November 2021 WWW.POLIMEX-MOSTOSTAL.PL 29