Cenergy Holdings Sa · EURONEXT:CENER
Cenergy Holdings Sa — Q3 2024 Earnings Presentation
14 slides from Cenergy Holdings Sa's earnings presentation, Nov 18, 2024
Slide 1: Q3 2024 Trading Update
Q3 2024 Trading Update November 18, 2024 November 19, 2024
Slide 2: Agenda
AGENDA 01 Group Key Financial Figures 02 Outlook 03 Appendix 2024 Q3 Trading Update 2
Slide 3: Group Key Financial Figures
Group Key 01 Financial Figures 2024 Q3 Trading Update 3
Slide 4: Group Key Financial Figures
Strong margins - Steadily high backlog €1.26bn €194m GROUP KEY FINANCIAL FIGURES FY 2024 guidance confirmed 15.4% margin Revenue a-EBITDA 01/ Revenue reaches €1.26bn (+8% y-o-y) 02/ Adjusted EBITDA: €194m (+34% y-o-y); €100m €3.48bn margin for Q3 2024 exceeds 16% Net profit Order backlog 03/ Order b
Slide 5: Q3 2024 Record-high margins driven by steel pipes segment
Q3 2024 / Record-high margins driven by steel pipes segment GROUP KEY FINANCIAL FIGURES Amounts in EUR million Adjusted EBITDA ΕΒITDA Turnover Profits before tax Profits after tax (%) as percentage of revenue (%) as percentage of revenue +8% +5% 448 416 +14% 396 +20% +12% +26% 74 65 (16.6%) 76 68 (1
Slide 6: 9M 2024 Solid performance of steel pipes segment
9M 2024 / Solid performance of steel pipes segment GROUP KEY FINANCIAL FIGURES Improved products and projects mix in cables segment Amounts in EUR million Adjusted EBITDA ΕΒITDA Turnover Profits before tax Profits after tax (%) as percentage of revenue (%) as percentage of revenue +12% +8% 1,260 1,1
Slide 7: Backlog: Significant awards during the last months
Backlog / Significant awards during the last months GROUP KEY FINANCIAL FIGURES Dec 2023 Jun 2024 €3.15bn €3.38bn Dec 2022 Sep 2024 FRAME ENEXIS (NL) MV and LV land cables €2.00bn €3.48bn FRAME RTE (FR) 90kV and 225kV land cables Strong potential for further increase IONIAN ISLANDS (GR) Turnkey cont
Slide 8: Backlog: Significant awards during the last months
Backlog / Significant awards during the last months GROUP KEY FINANCIAL FIGURES Dec 2023 Jun 2024 €3.15bn €3.38bn LEADING LIGHT WIND (US) Inter-array cables Dec 2022 Sep 2024 €2.00bn €3.48bn TRION OFFSHORE PROJECT (MX) HFW pipes Strong potential for further increase 2024 Q3 Trading Update 8
Slide 9: CAPEX: Investment plans on track
CAPEX / Investment plans on track GROUP KEY FINANCIAL FIGURES Major expansion US Expansion progressing as planned Construction of land cables Capacity increase for plant to start by year end subsea MV-HV-EHV power Secured financing from SCI cables Corinth plant Maryland plant Orders for additional S
Slide 10: Outlook
02 Outlook 2024 Q3 Trading Update 10
Slide 11: Outlook
OUTLOOK Adjusted EBITDA range for FY 2024 245 265 Cables Steel Pipes Amounts in EUR million Electrification – Grids - Interconnections Gas fuels – New applications CONFIRMED • Capacity upgrade (onshore & offshore) • Dynamic growth for Gas fuel sector • Growing demand for CCS and H2 PROJECTS • De-bot
Slide 12: Financial Calendar
FINANCIAL CALENDAR Financial results FY Ordinary General 2024 – Press release Meeting 2025 6 March 2025 5 March 2025 27 May 2025 Financial results FY 2024 – Conference Call 2024 Q3 Trading Update 12
Slide 13: The world runs on Cenergy
= CENERGY | NG os CORINTH HELLENIC. PIPEWORKS CABLES ~=fiest fx.
Slide 14: Appendix: Disclaimer
Disclaimer APPENDIX The information contained in this corporate presentation (CP) has been prepared by Cenergy Holdings (the Forward Looking Statements Company). It is based on historical financial data and other information already publicly disclosed by the Certain statements in the CP are forward-