Slide 1: Earnings Release 1Q2016
EARNINGS RELEASE 1Q2016 May 23, 2016
Slide 2: Relevant Corporate Events 1Q2016
MULTIPLAZA LA FELICIDAD BOGOTÁ - CUNDINAMARCA RELEVANT CORPORATE EVENTS 1Q2016
Slide 3: Buga–Buenaventura Road
RELEVANT CORPORATE EVENTS Scope Construction Operation Maintenance BUGA – BUENAVENTURA ROAD Construction of Constructora Conconcreto is present into the modernization Calima 26,5 Kilometers of of the country’s infrastructure: it will build Buga – Buenaventura road, Valle del Cauca. Buga double-lane
Slide 4: Conconcreto: Share debut on the COLCAP index
RELEVANT CORPORATE EVENTS CONCONCRETO: Share debut on the COLCAP index After the BVC’s publication of the informative basket on April 22, ETB, GRUPO AVAL and CONCONCRETO were confirmed as new assets in the index basket after ISAGEN and PACIFIC withdrew. The final basket with the stocks was published
Slide 5: Segmented Consolidated Statement of Income
RELEVANT CORPORATE EVENTS Segmented Consolidated Statement of Income Infrastructure: Public Bids and Public-Private Partnerships (PPP) Construction Building: Public Bids and Own Projects Segment Equipment: Renting machines and formworks Designs & Engineering: Own and third party’s Housing Housing: P
Slide 6: Consolidated Income from Ordinary Activities as of March 2016
RELEVANT CORPORATE EVENTS Consolidated Income from Ordinary Activities as of March-2016 Construction Revenues Total Revenues COP 229.955 mill COP 300.174 mill Equipment Eng. & Design 2% 0,3% Construction 76% Building 43% Infrastructure 55% Investment Revenues COP 22.033 mill Housing Subsidiaries 16%
Slide 7: Consolidated EBITDA as of March 2016
RELEVANT CORPORATE EVENTS Consolidated EBITDA as of March- 2016 Construction EBITDA Total EBITDA COP 29.769 mill COP 45.440 mill Equipment Eng. & Design 15% -1,4% Housing Construction 65% 14% Building Infrastructure 21% 62% Investment EBITDA Investment COP 18.579 mill 41% Subsidiaries -0,2% Housing
Slide 8: Relevant Operational Events 1Q2016
HOTEL ESTELAR CARTAGENA - BOLÍVAR RELEVANT OPERATIONAL EVENTS 1Q2016
Slide 9: Construction Services Backlog
CONSTRUCTION SERVICES - RELEVANT EVENTS Historic Backlog $2.551 $2.330 $2.000 $1.900 $1.900 COP Billion $1.300 Execution Backlog Backlog $800 $1.100 $1.024 $833 $327 $126 $18 $2 2009 2010 2011 2012 2013 2014 2015 mar-16 dic-16 2017 2018 2019 2020 2021 49% 29% 22% Infrastructure Building Housing Infr
Slide 10: Concessions - Relevant Events
CONCESSIONS - RELEVANT EVENTS CCFC Concession Tunnel 6th kilometer Medellín – Bogotá highway Ruta del Sol Sector I
Slide 11: Regiotram Faca and Soacha
REGIOTRAM FACA AND SOACHA Scope Construction Operation Maintenance Faca Line Soacha Line Cra. 10A The Project received a technical and financial The project is still in the feasibility stage. clearance from the ANI and entered the Ministry of the Treasury on April 29, 2016.
Slide 12: Darién International Port, Necoclí
DARIÉN INTERNATIONAL PORT, Necoclí - Golfo de Urabá, Antioquia Scope Construction Operation Maintenance The environmental license has been filed and it is in process to obtain the port concession.
Slide 13: Small Hydroelectric Power Plant Patico, Cauca
SMALL HYDROELECTRIC POWER PLANT PATICO , CAUCA Scope Construction Operation Maintenance Requirement of PRIOR CONSULTATION requested by the area’s indigenous communities. Once the prior consultation is complete, the project’s construction can continue.
Slide 14: Housing - Relevant Events
HOUSING - RELEVANT EVENTS Launched units for selling 13 projects under construction 8 projects in pre–sales. and estimated time to market 822 units for sale, which are expected to be 14,55 1.031 sold in a period of 14 months beginning on this date. During the first quarter of 2016, we registered 100
Slide 15: The Real-Estate Portfolio - Relevant Events
THE REAL–ESTATE PORTFOLIO - RELEVANT EVENTS Q1 - 2016 Gross income 44.420 Operating costs (Opex) 13.894 Net Operating Income 30.526 Consolidated EBITDA 27.477 Net Profit 13.020 *Cap rate de los activos productivos estabilizados: 8,6%. Conconcreto stake in Pactia trust as of March 2016 is 60%. This s
Slide 16: Consolidated Financial Results 1Q2016
DREAM PLAZA PANAMÁ COSTA DEL ESTE, PANAMÁ CONSOLIDATED FINANCIAL RESULTS 1Q2016
Slide 17: Consolidated Statement of Results
CONSOLIDATED FINANCIAL RESULTS 1Q2016 Consolidated Statement of Results: Consolidated Statement of Results mar-16 mar-15 Var $ Var % COP millions Income from ordinary activities 300.174 256.768 43.406 17% Cost of sales (257.417) (205.627) (51.790) 25% Gross Profit 42.758 51.141 (8.384) -16% Other inc
Slide 18: Consolidated Statement of Financial Position
CONSOLIDATED FINANCIAL RESULTS 1Q2016 Consolidated Statement of Financial Position Consolidated Statement of Financial Position: mar-16 dec-15 Var $ Var % COP millions Current Assets 1.590.803 1.579.598 11.206 0,7% Non-current Assets 1.463.127 1.494.550 (31.423) -2,1% Total Assets 3.053.930 3.074.14
Slide 19: Net Financial Debt / EBITDA and EBITDA / Financial Expenses
CONSOLIDATED FINANCIAL RESULTS 1Q2016 Net financial debt / EBITDA* EBITDA* / Financial Expenses 4,50 Objective: Lower than 4x 4,00 Objective: Higher than 3.6x 4,00 3,50 3,50 3,00 2,90 2,93 3,00 2,50 2,50 2,00 2,00 1,50 1,50 0,98 1,09 1,00 1,00 0,50 0,50 0,00 0,00 dec-15 mar-16 dec-15 mar-16 Net Fina
Slide 20: Annexes
PLANTA INDUSTRIAL CONCONCRETO GIRARDOTA - ANTIOQUIA ANNEXES
Slide 21: Quarterly Statement of Results 2015
ANNEXES Quarterly Statement of Results 2015: The restatement of the quarterly statement of results 2015 is due to comply with the comparative condition enforced in Colombia’s applicable guidelines for the presentation of the first financial statements under IFRS. The accumulated results as of Decemb
Slide 22: Segmented Consolidated Statement of Income as of March 2016
ANNEXES Segmented Consolidated Statement of Income as of March 2016 Consolidated Statement of Results Total Construction Housing Investment Corporate Eliminations Actual March 2016 Conconcreto Segment Segment Segment Segment (COP millions) Income from ordinary activities 300.174 229.991 48.953 22.03
Slide 23: Question-and-Answer Session
QUESTION-AND- ANSWER SESSION
Slide 24: Thank You
THANK YOU CCE conconcreto