Gaztransport & Technigaz Sa · EURONEXT:GTT
Gaztransport & Technigaz Sa — Q1 2015 Earnings Presentation
13 slides from Gaztransport & Technigaz Sa's earnings presentation, April 2015
Slide 1: Investor Presentation First Quarter 2015
Investor Presentation First Quarter 2015 April 2015
Slide 2: Disclaimer
Disclaimer This document contains information resulting from testing, experience and know-how of GTT, which are protected under the legal regime of undisclosed information and trade secret (notably TRIPS Art. 39) and under Copyright law. This document is strictly confidential and the exclusive prope
Slide 3: Disclaimer
Disclaimer This presentation does not contain or constitute an offer of securities for sale or an invitation or inducement to invest in securities in France, the United States or any other jurisdiction. It includes only summary information and does not purport to be comprehensive. No representation,
Slide 4: Key highlights of the first quarter 2015
Key highlights of the first quarter 2015 25 LNGC orders All 2015 orders will use the NO 96 GW technology 5 new ice-breaker LNGC ordered Long term relationship with DSME First order for an LNG bunker barge dedicated to the North-American marine market 100% designed by GTT Will be equipped with the in
Slide 5: 26 orders received since the beginning of 2015
26 orders received since the beginning of 2015 Technology Ship owner Number Shipyard/EPC Type Delivery Year NO 96 GW Teekay LNG 4 Daewoo LNGC 2017-2018 NO 96 GW Maran Gas Maritime 4 Daewoo LNGC 2018-2019 NO 96 GW Yamal Trade 5 Daewoo Ice-breaker LNGC 2017-2019 NO 96 GW Chandris (Hellas) INC. 1 Daewo
Slide 6: Deliveries: strong order book as at March 31, 2015
A well-balanced portfolio and strong order book as at March 31, 2015 Strong order book of 129 units Long term visibility, deliveries up to 2020 116 LNGC/VLEC 3 FLNG 40 36 36 6 FSRU/RV 3 onshore storage 31 30 Deliveries 1 LNG bunker barge 22 20 11 Q1 2015 movements in the order book 10 2 Deliveries:
Slide 7: First quarter 2015 revenues at €54.7 million
First quarter 2015 revenues at €54,7 million Summary financials Key comments As of 31/03, in € M Q1 2014 Q1 2015 Change (%) Total revenues: €54.7 million Revenues from royalties: €50.6 million Revenues 59.1 54.7 -7.5% Driven mainly by LNGC/VLEC Royalties 56.4 50.6 -10.3% Slight decrease linked to a
Slide 8: Strategic Roadmap - Develop promising new business areas and products
Strategic Roadmap - Develop promising new business areas and products Enlargement LNG as a fuel REACH4 Small / Very small New concepts: onshore tanks e.g. inspection equipment and services New applications HEARS Assistance & Intervention Enhancement TIBIA New TAMI customers / geographies Onshore Off
Slide 9: First order for an LNG bunker barge dedicated to the North American market
First order for an LNG bunker barge dedicated to the North American market A strong partnership: Shipyard Shipowner Shipowner Classification society Fully designed by GTT, this barge will be built with the innovative Mark III Flex technology and will be equipped with the bunker mast REACH4 Delivery
Slide 10: Outlook for 2015
Outlook for 2015(1) Expected 2015 revenue close to €227 M Net margin of c. 50% 2015 dividend payout of at least 80%(2) April 2015 (1) Notwithstanding further changes in GTT’s markets (2) GTT by-laws provide that dividends may be paid in cash or in shares based on each shareholder’s preference and su
Slide 11: Medium-term outlook
Medium-term outlook(1) 270-280 LNGC New GTT 25-35 FSRU Orders over 2015-2024 3-7 FLNG 15-20 onshore storage tanks (large tanks) 2016 revenue growth of at least 10% vs 2015, which represents GTT revenue(2) more than €250 M c. €590 M of revenue secured(3) between 2015 and 2020 Dividend Dividend payout
Slide 12: Q&A Session
Q&A Session < = [_irmovation Teamwork transparency April 2015
Slide 13: Thank you for your attention
Thank you for your attention information-financiere@gtt.fr April 2015 13
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