European Eltech · RUS:EELT
European Eltech — PJSC Evropeyskaya Elektrotekhnica — Investor Presentation (2019)
17 slides from European Eltech's investor presentation, 2019
Slide 1: Reflection of the Company's Development Strategy in Financial and Operating Results
PJSC Evropeyskaya Elektrotekhnica REFLECTION OF THE COMPANY'S DEVELOPMENT STRATEGY IN FINANCIAL AND OPERATING RESULTS Moscow 2019
Slide 2: Engineering Competencies and Transparency
PJSC Evropeyskaya Elektrotekhnica: Engineering Competencies and Transparency Our Company offers comprehensive solutions for industrial, Operational indicators (9m of 2019): construction and infrastructural purposes. 350 people Highly professional well-balanced team 35% Share of own products in the t
Slide 3: Factors of the Company's investment attractiveness
Factors of the Company's investment attractiveness I Reliable partner IV• Stable financial position: Foundation of companies from Russia for further business growth and other countries • Dividend history and an example of II Growth strategy V transparency in the Russian economic sector new for inves
Slide 4: Economic "champions" trust us: major companies from Russia and other countries
Economic "champions" trust us: I major companies from Russia and other countries The Company has a pool of licenses and certificates (FSB license, license to work at Rosatom facilities, etc.), giving access to work on the largest federal projects. 4
Slide 5: We enjoy the trust of the largest suppliers of electrical engineering products
We enjoy the trust of the largest suppliers of I electrical engineering products in Russia and all over the world The company cooperates with 70+ suppliers, including: Suppliers of the Company represent around 20 countries: United Kingdom, Finland, Sweden, Poland, Czech Republic, Germany, Austria, D
Slide 6: Strong customer base: diversification, growth
I Strong customer base: diversification, growth REGIONS OF THE COMPANY'S CUSTOMER BASE: Current order portfolio of the Company: • Russia, CIS and Central Asia: 750+ customer companies from 20+ industries Kazakhstan, Turkmenistan, Kyrgyzstan, Uzbekistan Share of the largest customers in the current •
Slide 7: We implement growth strategy
II We implement growth strategy COMMERCIALIZATION OF TECHNOLOGICAL INNOVATIONS ORGANIC GROWTH INORGANIC GROWTH PARTICIPATION IN THE IMPORT SUBSTITUTION PROGRAM • Expansion of the engineering centers • The company is analyzing network to 23 centers by 2021 (17 - investment opportunities • We confiden
Slide 8: Stable financial position of the Company: Foundation for further business growth
Stable financial position of the Company: Foundation for further business growth 8
Slide 9: Effective R&D is a driver of business value growth
PJSC Evropeyskaya Elektrotekhnica: effective R&D is a driver of business value’ growth RUB million Expected growth (2019-2024): Revenue: 3.5x (CAGR 23.1 %) EBITDA: 7.3x (CAGR 39.3 %) Profit: 7.7x (CAGR 40.6 %) Source: Management estimates of PJSC Evropeyskaya Elektrotekhnica 9
Slide 10: Emphasis on increasing the project portfolio profitability
III Emphasis on increasing the project portfolio profitability In 2017, the Company changed its approach to the establishment of the project portfolio: • We decided to focus on highly profitable areas and projects • Low margin business opportunities were deliberately declined • Further diversificati
Slide 11: In-house engineering and production base
III In-house engineering and production base Engineering centers provide an increase in the The expansion of its own production capacities provides Company's share in the total value added the Company with both the offer of new products in the created in the market for trade in electrical traditiona
Slide 12: Positive dynamics of indicators growth
Positive dynamics of indicators growth: IV 2019 +49.6% TOP-10 Customers’ share in revenue -1.6% Consolidated growth revenue 10.0% Share of exports +6.6% Profit growth for the period -45.4% CAPEX change 40.8% ROE -65.0% Investments in R&D change 0.3 Net debt/EBITDA 12
Slide 13: Dividend story in the Russian economic sector new for investors
V Dividend story in the Russian economic sector new for investors • Due to the issue of PJSC Evropeyskaya • The Company has approved a dividend policy, Elektrotekhnica shares to the stock market, according to which at least 20% of net profit under investors got the opportunity to diversify their IFR
Slide 14: Corporate transparency: 2018 annual report published
Corporate transparency: V 2018 annual report published Annual report is in the IR section of Debut interactive annual report of the Company: the website: link https://ar2018.euroetpao.ru/en 14
Slide 15: Corporate governance system is being improved on a regular basis
Corporate governance system V is being improved on a regular basis The company is steadily fulfilling its • The roadmap of the Company for the roadmap for developing a corporate development of corporate governance has been governance system. expanded to 128 criteria for assessing compliance with the
Slide 16: Independent Directors participate in the work of the Board of Directors
VI Independent Directors participate in the work of the Company's Board of Directors* 2 out of 6 members of the Board of Directors are independent. Joel Lautier Vladimir Grubenko Senior Independent Director Independent Director Head and founder of RGG Capital with management experience in Work exper
Slide 17: IR@euroet.ru Tel.: +7 (495) 640-93-48 1 Lyotchika Babushkina Str., Building 3, Moscow, Russian Federation,
IR@euroet.ru Tel.: +7 (495) 640-93-48 1 Lyotchika Babushkina Str., Building 3, Moscow, Russian Federation, 129344
PJSC Evropeyskaya Elektrotekhnica — Investor Presentation (2019) on 6ix