Viohalco Sa/nv · ATHEX:VIO
Viohalco Sa/nv — FY2022 Earnings Presentation
24 slides from Viohalco Sa/nv's earnings presentation, Mar 10, 2023
Slide 1: Financial Results 2022
FINANCIAL RESULTS 2022
Slide 2: A strong year with robust financial performance
A strong year with robust financial performance Capitalizing on investments of state-of-the-art technology and global sustainability megatrends Sustained Growth in All Viohalco Investment in process Αward of new contracts Growth of the real demand profitability margins segments seized efficiency, ca
Slide 3: Financial Results Consolidated
Financial Results Consolidated Revenue (EUR million) 6,986 5,375 4,406 4,198 3,850 Viohalco's consolidated revenue up 30% year-on year to EUR 7 billion (2021: EUR 5.4 billion), driven by increased sales prices. 2018 2019 2020 2021 2022 a-EBITDA (EUR million) 649 426 Consolidated operating profitabil
Slide 4: Viohalco's divisions
Viohalco’s divisions Industrial division Real estate division Revenue: € 30 m a-EBITDA: € 13 m Aluminium Copper Cables Steel Pipes Steel Revenue: Revenue: Revenue: Revenue: Revenue: € 2,313 m € 1,811 m € 895 m € 457 m € 1,392 m a-EBITDA: a-EBITDA: a-EBITDA: a-EBITDA: a-EBITDA: € 223 m € 75 m € 110 m
Slide 5: Industrial division
Financial Results Industrial division Corporate Presentation | 5
Slide 6: Financial Results Industrial Division
Financial Results Industrial Division Revenue per segment (EUR million) Revenue (EUR million) Aluminium, Steel, 6,955 2,313 m 1,392 m 5,356 4,398 4,187 3,840 Τhe revenue of the industrial Cables, Steel Pipes, 457 m Copper, 895 m division amounted to EUR 7 1,811 m billion versus 5.4 billion in 2021.
Slide 7: Industrial Division 2022 Operating performance
Financial Results Industrial Division 2022 Operating performance: a-EBITDA (EUR thousand) Aluminium Copper Cables Steel Pipes Steel Other @ € 223 m @ € 75 m @ € 110 m @ € 25 m @ € 196 m @ €7m +101 m | +82% +15 m | +24% +20 m | +22% +11 m | +78% +73 m | +59% -2 m|-27% 636 73 20 11 15 101 -2 419 a-EBI
Slide 8: Industrial Division Capex and Net debt
Financial Results Industrial Division Capital expenditure for the period amounted to EUR 317 million Net debt increased to EUR 1,921 million (31 December 2021: EUR 1,569 (2021: EUR 253 million), mainly attributable to the aluminium million) before IFRS 16 adjustment, mainly attributed to the increas
Slide 9: Aluminium
Aluminium segment at a glance Corporate Presentation | 9
Slide 10: Aluminium segment at a glance
Aluminium segment at a glance Revenue (EUR million) 2,313 1,678 1,397 Strong performance mainly due to increased production capacity, 1,319 1,168 continuous upward trend in demand for recyclable product solutions and optimised product portfolio of superior quality. Elval and Symetal performance driv
Slide 11: Copper
Copper segment at a glance Corporate Presentation | 11
Slide 12: Copper segment at a glance
Copper segment at a glance Revenue (EUR million) 1,811 1,564 Continued growth despite a downturn in demand in the second 1,066 1,037 1,066 half of the year, due to unfavourable market conditions. Weaker demand for copper tubes and copper alloy extruded products in second half of the year. In Sofia M
Slide 13: Cables
Cables segment at a glance Corporate Presentation | 13
Slide 14: Cables segment at a glance
Cables segment at a glance Revenue (EUR million) 895 757 Solid growth achieved as a result of cable products sales and 568 569 steady revenues from cable projects. 475 Projects business continued to perform well driven by production and the installation of many projects, such as of 83 km-long submar
Slide 15: Steel Pipes
Steel Pipes segment at a glance Corporate Presentation | 15
Slide 16: Steel Pipes segment at a glance
Steel Pipes Revenue segment at a glance (EUR million) 470 457 376 305 Turnaround in 2022 a consequence of increased energy prices, 225 with the restart of many projects that had been previously postponed. Execution of numerous significant projects and award of new ones, including in Chile, Australia
Slide 17: Steel
Steel segment at a glance Corporate Presentation | 17
Slide 18: Steel segment at a glance
Steel segment Revenue at a glance (EUR million) 1,392 1,068 Key drivers of revenue growth: 917 816 • Ability to maintain a leading position in 678 Greece, Balkans and Cyprus • Entry into new markets • Significant increase in wire rod sales volumes, mainly in Western Europe • 15% increase in concrete
Slide 19: Real estate division
Real estate division Corporate Presentation | 19
Slide 20: Real estate division at a glance
Real estate division Revenue at a glance (EUR million) 30 62 properties of Noval Property at the end of the year 19 – 18 new assets added to the company’s investment portfolio in Greece in the first half of the year; 3 new 11 10 8 assets added during the second half of the year. The portfolio compri
Slide 21: Outlook
Outlook Viohalco companies remain Viohalco companies Viohalco companies well positioned to weather remain well positioned remain focused the challenges, to leverage opportunities on further optimization of their through prudent investment policies across their core markets owing production capacitie
Slide 22: Financial Calendar
Financial Calendar Friday, Thursday, Tuesday, Monday, Tuesday, Wednesday, Thursday, March 10, April 6, May 30, June 19, June 20, June 21, September 21, 2023 2023 2023 2023 2023 2023 2023 Financial results Publication Ordinary Ex-Dividend Dividend Dividend Half yearly 2022 conference of Annual Genera
Slide 23: Disclaimer
Disclaimer. The information contained in this corporate presentation (CP) has been prepared by Viohalco S.A. (the Company). It is based on Forward Looking Statements historical financial data and other information already publicly disclosed by the Company. It also includes information from other Cer
Slide 24: www.viohalco.com
www.viohalco.com