Orge Enerji Elektrik Taahhut As · BIST:ORGE
Orge Enerji Elektrik Taahhut As — Investor Presentation (April 2017)
18 slides from Orge Enerji Elektrik Taahhut As's investor presentation, April 2017
Slide 1: Investor Presentation April 2017
Investor Presentation April 2017
Slide 2: Milestones
Milestones 2016 2014 • Completed electrical 2012 • First contracting subway works 1998 • IPO of project since 1998 ORGE on • First 1985 • ORGE Borsa reached 3 founded metalux million Istanbul 1979 • AND Cons. project sqm. founded Quasar • First 1978 GALDEM Inc. Istanbul subway founded and started. 1
Slide 3: At a glance
At a glance INCORPORATION 1998 IPO May 2012 # OF EMPLOYEES 400 ~ 500 CAPITAL 20.000.000,-TRY BIST STOCK CODE ORGE EQUITY GROUP A INDICES BIST MAIN/BIST ALL SHARES/BIST SERVICES/BIST CONSTRUCTION/ZPYKAT FREE FLOAT 46,18 SHAREHOLDER STRUCTURE Orhan Gündüz %32,50 Nevhan Gündüz %21,32 Free Float %46,18
Slide 4: Business Principles
Business Principles • Lean Management- Customer Oriented-Flexible-No Defects- On Time Delivery • ECI-Early Contractor Involvement- Subways • Value Engineering-ECI-Subways Company+ Investor Value Maximization • Micro Management – Daily Central + On Site Project Surveillance – Continuous Enhancement •
Slide 5: Major Completed Projects
Major Completed Projects (2016Q4 3.000.000 m2) CONRAD Hotel Prime Mall Renovation Antakya / 2011 Project / 2015 Evora Istanbul Pendorya Project / 2015 Mall / 2009 Askaynak Mall of Istanbul Industrial Project / 2014 Plant / 2007 ThyssenKrupp RonesansBiz Industrial Mecidiyekoy / 2013 Plant / 2009 Kart
Slide 6: Latest Projects in Service
Latest Projects in Service Tamamlanan Başlıca Projeler Project Project Quasar İstanbul / Fairmont Hotel Kartal-Kaynarca Subway Line Venue Venue Mecidiyeköy / İstanbul / Türkiye Kartal / İstanbul / Türkiye Completion Date Completion Date December 2016 November 2016 Construction Area Construction Area
Slide 7: Ongoing Projects
Ongoing Projects QUASAR KARTAL- İSTANBUL KAYNARCA SUBWAY İNİSTANBUL THE MANDARINS ACIBADEM CONCORD İSTANBUL EPIQUE ISLAND PROJECT CONTRACT AMOUNT EST. COMPLETION DATE KARTAL-KAYNARCA SUBWAY 11.242.942 EUR JULY 2017 QUASAR İSTANBUL 16.834.657,01 EUR + 4.150.527,72 USD JULY 2017 CONCORD İSTANBUL 12.97
Slide 8: New Projects
New Projects Tamamlanan Başlıca Projeler Project Project Epique Island The Mandarins Acıbadem Venue Venue Bodrum / Muğla / Türkiye Acıbadem / İstanbul / Türkiye Est. Completion Date Est. Completion Date Nisan 2018 Mart 2018 Construction Area Construction Area 80.000 m2 75.000 m2 Main Contractor Main
Slide 9: Financial Statement&KPI
Financial Statement&KPI BALANCE SHEET 2014/12 2015/12 2016/12 Operating Capital (MTL) ASSETS TRY TRY TRY Current Assets 32.250.256 55.507.023 72.783.914 36,8 48,3 19,7 Cash & Equivalents 1.141.123 14.565.104 35.698.991 Non-current Assets 6.745.514 5.803.530 24.700.909 2014 2015 2016 Long Term Invest
Slide 10: Financial Highlights
Financial Highlights Net Revenue EBITDA 100.000.000 30.000.000 27.789.041 86.335.927 25.000.000 80.000.000 20.000.000 60.000.000 16.280.035 49.816.340 15.000.000 40.000.000 24.785.245 20.817.220 10.000.000 5.435.300 20.000.000 15.141.507 5.000.000 2.316.976 1.865.698 0 0 2012/12 2013/12 2014/12 2015
Slide 11: Financial Highlights
Financial Highlights EBITDA Margin Net Profit Margin 33% 32% 29% 22% 21% 15% 15% 14% 9% 8% 2012/12 2013/12 2014/12 2015/12 2016/12 2012/12 2013/12 2014/12 2015/12 2016/12 Credit Limits (Mn) Revenue vs. EBITDA 100.000.000 35% Yıl 2014 / 12 2015 / 12 2016 / 12 90.000.000 30% 80.000.000 70.000.000 25%
Slide 12: Business Development- Railway Systems
Business Development- Railway Systems • ECI- Early Contractor Involvement • 2016/150 km-2019/489,5 km • Ongoing Construction 156 km • Finalized 10 subway tenders est. amount to 4.161 million € • Total est. electrical scope %12-20 Investor Presentation- April 2017 12
Slide 13: Business Development- Metalux-Smart Buildings/IFC
Business Development- Metalux-Smart Buldings/IFC • Istanbul Finance Center • TCMB, SPK,BDDK, Ziraat Bankası, Halkbank, Vakıfbank, Halk GYO,vd. • 800.000 m2 area, 2,5 milyon m2 construction • Total est. investment 2 billion USD • Total est. electrical scope %12-20 13
Slide 14: Business Development- PPP Hospitals
Business Development- PPP Hospitals • PPP Hospitals • Finalized 21 tenders • Ongoing 5 tenders • Total est. construction 11.788.000 m2 • Total est. investment 10 billion USD • Total est. electrical scope %15-25 14
Slide 15: Risk Protection
Risk Protection • Business Contracts • %100 FX contracts • Contracts Supply & General Expense scope on FX • Inflation and Currency adjustment terms • Extra claim terms on price changes • Natural Hedge • FX Assets-TRY Liabilities • Fixed rate/ TRY loans • Low Debt/Assets Ratio • Forward Contracts • L
Slide 16: Strategy and Vision
Strategy and Vision Qualified projects with high margins in stead of numerous low qualified&margined ones Financially solid and reputable employers and main&sub contractors Growth focused on operational profit Pro-active risk awareness-transfer and mitigation strategies Deep search for Renewable Ene
Slide 17: Disclaimer
Disclaimer Disclaimer Orge Electrical Contracting Inc. (the “Company”) has prepared this e-mail/review/presentation (the “Presentation”) in order to provide investors general information about the Company. The contents of this Presentation is based on public information and on data provided by the C
Slide 18: Contact Information
Contact Information Investor Relations Dept. Phone : +90 216 457 32 63 e-mail : yatirimciiliskileri@orge.com.tr ORGE ENERJİ ELEKTRİK TAAHHÜT A.Ş. Address : Kozyatağı Mah. Değirmen Sokak Nida Kule No:18 Kat:A 34742 Kadıköy, Istanbul / TR Website : www.orge.com.tr Investor Presentation - April 2017 18
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