Slide 1: STRABAG SE January–September 2017 Results
STRABAG SE JANUARY–SEPTEMBER 2017 RESULTS 30 NOVEMBER 2017
Slide 2: Disclaimer
DISCLAIMER This presentation is made by STRABAG SE (the "Company") solely for This presentation contains forward-looking statements relating to the use at investor meetings and is furnished to you solely for your business, financial performance and results of the Company and/or the information. indu
Slide 3: Output volume rose by 9%
OUTPUT VOLUME ROSE BY 9% OUTPUT VOLUME (€M) 20000 ● Driven especially by 9% 13,491 − German transportation infrastructure business 10,383 9,561 − building construction and civil engineering in Austria − growth in CEE core markets 0 9M/17 9M/16 2016 ORDER BACKLOG (€M) 7% 20000 ● Large orders from the
Slide 4: Operating earnings stable despite positive one-off last year
OPERATING EARNINGS STABLE DESPITE POSITIVE ONE- OFF LAST YEAR EBITDA (€M) 1000 8551) ● EBITDA unchanged despite non-operating profit of € 27.81 million which had positively impacted 0% EBITDA and EBIT in 2016 448 4501) ● 6% increase in EBITDA compared to adjusted 9M/16 figure 0 9M/17 9M/16 2016 EBIT
Slide 5: Much more negative exchange rate differences
MUCH MORE NEGATIVE EXCHANGE RATE DIFFERENCES NET INCOME AFTER MINORITIES (€M) EARNINGS PER SHARE (€) 500 5 278 2.71 -29% -29% 104 1.02 74 0.72 0 0 9M/17 9M/16 2016 9M/17 9M/16 2016 ● Net interest income at € -43 million (after € -13 million in 9M/16), due to negative FX differences ● Effective incom
Slide 6: High equity ratio and net cash position
HIGH EQUITY RATIO AND NET CASH POSITION ASSETS(1) LIABILITIES AND EQUITY(1) (€m) 9M/17 2016 (€m) 9M/17 2016 Intangible assets 497 496 Share capital 110 110 PP&E & investment property 1,950 1,936 Capital reserves 2,315 2,315 Associated companies 352 348 Retained earnings 761 761 Other financial asset
Slide 7: All cash flows improved
ALL CASH FLOWS IMPROVED (€m) 9M/17 ∆% 9M/16 Cash – beginning of period 1,998 -27 2,727 Cash flow from earnings 307 -12 350 ∆ Working Capital -392 57 -920 Cash flow from operating activities -85 85 -570 Cash flow from investing activities -242 0 -243 Cash flow from financing activities -199 53 -422 N
Slide 8: North + West moved into positive territory
NORTH + WEST MOVED INTO POSITIVE TERRITORY KEY INDICATORS COMMENTS (€m) 9M/17 ∆% 9M/16 ● Output volume increased by 10% Output volume 4,814 10 4,387 ● EBIT moved from negative into positive territory, Revenue 4,517 8 4,168 among others thanks to improved project earnings Order backlog 7,697 9 7,083
Slide 9: South + East with high order backlog and earnings growth
SOUTH + EAST WITH HIGH ORDER BACKLOG AND EARNINGS GROWTH KEY INDICATORS COMMENTS (€m) 9M/17 ∆% 9M/16 ● Output volume climbs by 5% thanks to Austria, Output volume 3,044 5 2,886 Hungary and Slovakia Revenue 2,769 0 2,778 ● EBIT continued to improve due to Hungary and Order backlog 4,238 19 3,548 Russ
Slide 10: International + Special Divisions affected by real estate development and Chile
INTERNATIONAL + SPECIAL DIVISIONS AFFECTED BY REAL ESTATE DEVELOPMENT AND CHILE KEY INDICATORS COMMENTS (€m) 9M/17 ∆% 9M/16 ● Output volume up by 10% due to large projects in Output volume 2,419 10 2,196 core markets Austria, Germany and the Americas Revenue 2,051 4 1,973 ● EBIT -54%; sale of a real
Slide 11: Outlook for output volume 2017 amended
OUTLOOK FOR OUTPUT VOLUME 2017 AMENDED ● Output volume 2017 of € 14.5 billion forecasted (+7%) − previous forecast: ≥ € 14.0 billion − 2016: € 13.5 billion ● EBIT margin (EBIT/revenue) 2017 expected at ≥ 3% 11 9M/2017, November 2017
Slide 12: STRABAG SE January–September 2017 Results
STRABAG SE JANUARY–SEPTEMBER 2017 RESULTS 30 NOVEMBER 2017