Slide 1: Presentation of the results for the first half of 2016
Presentation of the results for the first half of 2016 September 2, 2016
Slide 2: Representatives
Representatives Daniel Janusz president of the Board Piotr Wielesik member of the Board 2
Slide 3: The most important events of the first half of 2016
The most important events of the first half of 2016 The investment program is underway Financial results for the first half of 2016 Directions of sales development Strategy Summary 3
Slide 4: The most important events of the first half of 2016
The most important events of the first half of 2016 Financial results in the first half of 2016 lower than in the corresponding period of the previous year due to the shift of the period of awarding EU funding from ARiMR. The high portfolio of potential orders allows us to look optimistically at
Slide 5: The investment program in implementation
The most important events of the first half of 2016 The investment program in implementation Financial results for the first half of 2016 Directions of sales development Strategy Summary 5
Slide 6: Investments in progress - Program 2016-2017
Investments in progress - Program 2016-2017 Advanced lightweight orthotropic constructions of steel coils of flat bottom silos Strengthening the production potential Research and development The subject of the project is to carry out advanced R & D works in order Expansion of the existing machinery
Slide 7: Investments in progress - Program 2016-2017
Investments in progress - Program 2016-2017 1 Research and development 2 Strengthening the production potential Orthotropic constructions of silos purchase of machinery and equipment Modernizacja hali modernization ofprodukcyjnej the production hall Other works R&D mln PLN planned 3,0 expenditures 3
Slide 8: Production
Production A new layout of machines in connection with the expansion and modernization of the production plant Improving the production planning system - organizational changes 8
Slide 9: Purchasing department
Purchasing department Successfully implemented pneumatic powered Introduced butyl seals for screw connections, A "grain cooling aggregate" has been added devices for current production and offer ensure a establishing direct cooperation with producers. The to the offer - it is an innovative product o
Slide 10: Financial results for the first half of 2016
The most important events of the first half of 2016 The investment program in implementation Financial results for the first half of 2016 Directions of sales development Strategy Summary 10
Slide 11: Sales revenues
Sales revenues (thous. PLN) The decrease in sales revenues was 45 000 mainly due to the shift in the period 40 033 of granting EU subsidies from the 40 000 Agency for Restructuring and 39,1% Modernization of Agriculture to key 35 000 clients of the Company. 30 000 24 391 25 000 20 000 15 000 10 000
Slide 12: The revenue structure by sales directions
The revenue structure by sales directions Geographical structure of revenues Przychody (mln PLN) tys. zł I half 2016 I half 2015 change (thous. zł) change (%) Poland 19 755 36 648 - 16 892 - 46,1% Export 4 636 3 386 + 1 250 + 36,9% Total 24 391 40 033 - 15 642 - 39,1% Source: Consolidated semi-annua
Slide 13: Basic financial results in the first half of 2016
Basic financial results in the first half of 2016 I half I half change (thous. zł) change (%) 2016 2015 thous. PLN 24 391 40 033 - 15 642 - 39,1 % Sales revenues 3 930 8 379 - 4 449 - 53,1 % Gross profit from sales 16,1% 20,9% - - Gross margin on sales 5 346 7 097 - 1 751 - 24,7 % EBITDA 21,9% 17,7%
Slide 14: Balance sheet structure as of June 30, 2016
Balance sheet structure as of June 30, 2016. Assets Liabilities Main items: Główne pozycje: Commitment Short-term liabilities due Financial stocks – 40,2 mln Rotary to deliveries and service 57,3 mln 60,1 mln PLN Receivables– 11,2 mln – 6,7 mln Cash flow – 4,6 mln PLN (36,6%) Long-term loa
Slide 15: Directions of sales development
The most important events of the first half of 2016 The investment program in implementation Financial results for the first half of 2016 Directions of sales development Strategy Summary 15
Slide 16: Assessment of the current situation in the most important markets
Assessment of the current situation in the most important markets The company is observing a further increase in demand for elevators, both on the domestic and foreign markets, The current order portfolio includes 31 contracts with the date of completion in 2016 with a value of PLN 18 million. T
Slide 17: Strategy
The most important events of the first half of 2016 The investment program in implementation Financial results for the first half of 2016 Directions of sales development Strategy Summary 17
Slide 18: Strategy
Strategy Obtaining an important player position on the international arena Dynamic increase in the scale of operations Modern technologies and Sales on the domestic and expansion of the foreign market production base Strengthening Intensification of Investments in Expansion of the sales network and
Slide 19: Summary
The most important events of the first half of 2016 The investment program in implementation Financial results for the first half of 2016 Directions of sales development Strategy Summary 19
Slide 20: FEERUM in the I half of 2016
FEERUM in the I half of 2016 High potential portfolio for the 2016/2017 period Significant production Prestigious awards potential of the company. confirming the High readiness and innovation of the efficiency of operations business. Innovative products on Received EU subsidies with a the global sca
Slide 21: Thank you for your attention
Thank you for your attention 6 Okrzei Street 59-225 Chojnów www.feerum.pl 21
Slide 22: Legal disclaimer
Legal disclaimer This study has been prepared solely for information purposes. It does not constitute advertising or offering securities in public trading. The study uses information sources that FEERUM S.A. considers it credible and accurate, but there is no guarantee that it is comprehensive and f