Slide 1: Presentation of results for the first half of 2019
Presentation of results for the first half of 2019 1 October 2019
Slide 2: Representing person
2 Representing person Piotr Wielesik member of the board
Slide 3: The most important events of the first half of 2019
The most important events of the first half of 2019 The most important events of the first half of 2019 Financial results for the first half of 2019 FEERUM in Ukraine Tanzania project Strategy Summary 3
Slide 4: The most important events of the first half of 2019
The most important events of the first half of 2019 In the first half of 2019, the company generated 38% increase in revenues, up to 89 million PLN. The portfolio of contracts under implementation and potential new contracts allow optimism to assess the perspectives of subsequent periods. The Ta
Slide 5: Financial results for the first half of 2019
Financial results for the first half of 2019 The most important events of the first half of 2019 Financial results for the first half of 2019 FEERUM in Ukraine Tanzania project Strategy Summary 5
Slide 6: Sales revenues (thous. PLN)
6 Sales revenues (thous. PLN) Result for the year 2018 – 128 714 thous. PLN I half ot the 2019 89 002 sales revenues I half of the 2018 64 374 sales revenues Source: Consolidated semi-annual report for the period from January 1, 2019 to June 30, 2019
Slide 7: The Group's revenues in cross-section of geographical areas
7 The Group's revenues in cross-section of geographical areas Country I half of the 2019 I half of the 2018 2018 Poland 20 275 16 641 38 063 Ukraine 56 524 5 523 11 628 Tanzania 10 879 31 384 63 305 Lithuania 969 10 258 13 975 Other countries 355 569 1 744 Total 89 002 64 374 128 714 Source: Consoli
Slide 8: Poland vs the World
8 Poland vs the World In the first half of 2019, the Group achieved sales revenues 38% higher than those achieved in the first half a year ago. The significant progressive impact of the agreement with Epicentr K LLC on the achieved financial results will be visible in the second half of 2019.
Slide 9: Financial results for the I half of 2019
Financial results for the I half of 2019 thous. PLN I half of 2019 I half of 2018 change in % change in thous. Sales revenues 89 002 64 374 38,3% 24 628 Gross profit (loss) on sales 16 846 11 182 50,6% 5 664 Gross margin on sales 18,9% 17,4% 1,56% EBITDA 15 212 9 138 66,5% 6 074 Profitability EBITDA
Slide 10: The structure of the balance sheet as at June 30 2019
10 The structure of the balance sheet as at June,30 2019 Assets Liabilities 34,4% fixed 43,7% commitment Ak 65,6% rotary 56,3% equity capital 50% 50% Main items: Main items: 62% 62% 74,7 mln zł financial stocks 67,2 mln zł short – term liabilities due to deliveries and service 89,6 mln receivables 7
Slide 11: FEERUM in Ukraine
FEERUM in Ukraine The most important events of the first half of 2019 Financial results for the first half of 2019 FEERUM in Ukraine Tanzania project Strategy Summary 11
Slide 12: FEERUM in Ukraine
FEERUM in Ukraine
Slide 13: Large scale construction
13 Large scale construction BRONZ KIDS 535 WOLF KIDS 535 Illustration Design Illustration The total capacity of the facilities manufactured for Epicentr K LLC is nearly 1 million tons. The photo on the right shows the control cabinets needed to start / operate one of the Epicentr K LLC facilities.
Slide 14: Performance of the Epicentr K LLC contract
14 Performance of the Epicentr K LLC contract Value of contracts 1st contract - 35,6 million EUR (advanced implementation); Second contract – 14,3 million EUR (in progress) Facilities capacity - nearly 1 million tons We used 14 000 tons of steel for the production of elements of 5 complexes under th
Slide 15: We produce with full power
15 We produce with full power Illustration 1 Illustration 2 Illustration 3 Illustration 4 Illustration 5 Illustration 6
Slide 16: Negotiations on the Ukrainian market
16 Daniel Janusz Negotiations on the Ukrainian market „We work with several recommended Ukrainian clients in terms of their ability to use financing under the "supplier loan" scheme. The Export Credit Insurance Corporation (KUKE) is also following these customers. They are big producers, comparable
Slide 17: Tanzania project
Tanzania project The most important events of the first half of 2019 Financial results for the first half of 2019 FEERUM in Ukraine Tanzania project Strategy Summary 17
Slide 18: FEERUM in Tanzania
FEERUM in Tanzania
Slide 19: Another FEERUM silos in Africa
Another FEERUM silos in Africa
Slide 20: Successful cooperation
Successful cooperation We have created a network of reliable subcontractors for each of the 5 construction sites. We consider working with Tanzanian people very fruitful. Thanks to it, we can have a real and positive impact on the development of the Tanzanian economy.
Slide 21: Summary of production and shipments
21 Summary of production and shipments 97% of production At present, we have manufactured 97% of machines and equipment needed to complete and commission the facilities in all locations. 84% of shipments We sent to Tanzania 84% of the entire installation for all 5 construction sites 304 containers T
Slide 22: Good preparation gives results!
Good preparation gives results! A group of various employees is involved in the implementation of the Tanzanian contract management levels and departments, both in Tanzania and in Poland. Our own machine park gives us full independence. In turn, cooperation with subcontractors allows you to build go
Slide 23: We are building a Polish brand in Africa
23 We are building a Polish brand in Africa Our commitment in Africa is not empty words, but real actions. In each of the five places in Tanzania, we share our knowledge and experience, build relationships with the local community and change their surroundings for the better. Africa is a very good p
Slide 24: Strategy
Strategy The most important events of the first half of 2019 Financial results for the first half of 2019 FEERUM in Ukraine Tanzania project Strategy Summary 24
Slide 25: FEERUM strategy: Obtaining an important player position on the international arena
25 FEERUM strategy: Obtaining an important player position on the international arena Dynamic increase in the scale of operations Strenghtening sales network Investments in modern and design department technological solutions Sales to the Modern domestic market technologies and and foreign expansion
Slide 26: Summary
Summary The most important events of the first half of 2019 Financial results for the first half of 2019 FEERUM in Ukraine Tanzania project Strategy Summary 26
Slide 27: FEERUM – I half of the year 2019
27 FEERUM – I half of the year 2019 High contracted and potential The contract to Tanzania is order backlog for the period already practically completed 2019-2020; good market in terms of production. We prospects complete and send the last deliveries Products that are innovative on a global scale; 3
Slide 28: FEERUM S.A. contact details
FEERUM JSC. 6 Okrzei Street 59-225 Chojnów Polska +48 76 81 96 738 +48 76 81 88 485 sekretariat@feerum.pl www.feerum.pl
Slide 29: Reservation
Reservation 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 fully