YIT Oyj · OMXHEX:YIT
YIT Oyj — Investor Presentation (December 2014)
13 slides from YIT Oyj's investor presentation, December 2014
Slide 1: YIT – Analyst lunch, December 2014
Novo Orlovsky St. Petersburg, Russia YIT – Analyst lunch, December 2014 Co-operation projects as part of YIT’s strategy Kari Kauniskangas, President and CEO
Slide 2: Contents
Contents 1 Co-operation projects, part of the strategy 2 Case example: Tripla project 3 Case example: Naantali CHP YIT | 2 | Analyst lunch, December 2014
Slide 3: Co-operation projects, part of strategy
Co-operation projects, part of strategy • Increasing role of co-operation projects: value added for customers and value creation for owners • Capital efficient business model • Higher profitability from higher value-added combined with less competition No sales risk Sales risk Self- Self- developed
Slide 4: Characteristics of different co-operation project types
Characteristics of different co-operation project types Alliance model Joint venture in development Plot co-operation Project Company Development and Development Construction Project Construction owned by YIT and construction by phase phase development and sales partner(s) YIT Development Progress R
Slide 5: Tripla
PRIPLA BY Yt
Slide 6: The project is advancing well and according to schedule
The project is advancing well and according to schedule • Zoning proceeding well and the project is Estimated timing of land acquisitions, construction and profit recognition on schedule • Helsinki city council to decide on the zoning in Q1/2015 • The zoning completed in Q2/2015 if no Land areas cla
Slide 7: Concept and brand ready, leasing started
Concept and brand ready, leasing started • Current focus on the shopping centre, ”Mall of Tripla” • Very good reception from potential tenants, more than 150 participants attended the launch event in November • Target to have anchor tenants in place by the end of H1/2015 • Formal negotiations with i
Slide 8: Project execution in a capital efficient way
Project execution in a capital efficient way • Plans for using a co-operation One potential structure for project financing in Tripla model for the project • Joint venture • Limited capital requirement, <50% equity stake • Project financing on project Debt financiers Equity investors company level •
Slide 9: Illustration of Naantali CHP power plant
Illustration of Naantali CHP power plant Naantali, Finland YIT | 9 | Analyst lunch, December 2014
Slide 10: Naantali CHP power plant, alliance model (1/2)
Naantali CHP power plant, alliance model (1/2) New multifuel power plant, 435 MW Customer: Turun Seudun Energiantuotanto Oy Total value: EUR 260 million, value for YIT EUR ~40 million Final selection criteria YIT’s project team and references appreciated Project won without the lowest target price
Slide 11: Naantali CHP power plant, alliance model (2/2)
Naantali CHP power plant, alliance model (2/2) Tendering, Tendering, 1st phase: 3rd phase: • Implementation • Capabilities model • Price Development • 6 bidders • 2 bidders phase April Sept Spring 2014 2014 2015 2017 Signing the Tendering, Implementation contract for 2nd phase: • Skills/capabilities
Slide 12: Together we can do it.
Together we can do it.
Slide 13: Disclaimer
Disclaimer This presentation has been prepared by, and the information contained herein (unless otherwise indicated) has been provided by YIT Corporation (the “Company”). By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the fol