Teraplast Sa · BVB:TRP
Teraplast Sa — H1 2020 Earnings Presentation
13 slides from Teraplast Sa's earnings presentation, Jul 28, 2020
Slide 1: 1H20 results TeraPlast Group
1H20 results TeraPlast Group July 28, 2020
Slide 2: Disclaimer
DISCLAIMER This presentation does not, and is not intended to, constitute or form part of, and should not be construed as, constituting or forming part of, any actual offer to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares issued by the TeraPlast SA or any o
Slide 3: Agenda
AGENDA TERAPLAST GROUP STRUCTURE LOCAL CONSTRUCTION SECTOR H1 KEY FIGURES – TERAPLAST GROUP H1 KEY FIGURES – GROUP’S COMPANIES GROUP’S COMPANIES IN H1 STEEL DIVISION TRANSACTION Q&A 3
Slide 4: TeraPlast Group Structure
TERAPLAST GROUP STRUCTURE Steel Division Plastics Division ➢ Rigid PVC recycling ➢ Complete roof ➢ #1 in Romania systems ➢ Top 10 in Europe ➢ #2 on the market ➢ Sandwich panels, galvanized steel ➢ Windows & doors purlins, turnkey ➢ Largest exporter of halls the Group ➢ #1 on the sandwich panels mark
Slide 5: Local Construction Sector
LOCAL CONSTRUCTION SECTOR Despite the lack of visibility regarding the impact, the spread of the virus and delays in payments, most of the construction sites remained operational and the construction sector performed especially in the European funds financed areas. Thus, the total volume of the cons
Slide 6: H1 Key Figures – TeraPlast Group
H1 KEY FIGURES – TERAPLAST GROUP H1/2020 H1/2019 +17% +49% TURNOVER EBITDA EBITDA TURNOVER EBITDA EBITDA MARGIN MARGIN 486,6 52,7 416,3 35,3 Mil. LEI Mil. LEI 10,8% Mil. LEI Mil. LEI 8,5% ➢ Turnover above estimated → +17% compared to +15% ➢ EBITDA above estimated → +49% compared to +32% ➢ Profitabil
Slide 7: H1 Key Figures – Group's Companies
H1 KEY FIGURES – GROUP’S COMPANIES million LEI H1 2020 H1 2019 Evolution Turnover 199 167,7 19% TeraPlast EBITDA 31,2 15,2 105% Turnover 155,8 130,8 19% TeraSteel Romania & Serbia EBITDA 16,2 13,1 24% Turnover 116,3 105,2 11% Wetterbest EBITDA 5,1 4,9 2% Turnover 15,5 12,7 22% TeraGlass EBITDA 0,2 1
Slide 8: Group's Companies in H1
GORUP’S COMPANIES IN H1 ➢ Increases mainly due to the Installation business line’s sales thanks to the constant and upward trend of the infrastructure works ➢ Doubling of the EBITDA and profitability margin above market average (15,7%) ➢ Benefited from the reduced prices for the raw materials during
Slide 9: Group's Companies in H1
GROUP’S COMPANIES IN H1 ➢ Though affected by the state of emergency, had a positive evolution ➢ Despite the imposed restrictions the relocation of the new production facility was completed in March and the effects are already visible in the improved logistics and production flows ➢ The profitability
Slide 10: Steel Division Transaction
STEEL DIVISION TRANSACTION Key information: ➢ Buyer: Kingspan Group ➢ Leader on the high-performance insulation market ➢ Listed on the London Stock Exchange ➢ 11 billion GBP market capitalization ➢ Estimated value of the Steel division (headline price): RON 410 million – net debt +/- adjustments on
Slide 11: Steel Division Transaction
STEEL DIVISION TRANSACTION - The Steel division generated 40% of the Group’s EBITDA in H1/2020 and represents 40% of the net assets - The final price will be set at the date of the registration of Kingspan’s stake at the Trade Register - The main elements of the final price calculation: • Headline p
Slide 12: TeraPlast Group
TERA PLAST GROUP
Slide 13: Contact
©2020 TeraPlast SA. All rights reserved. investor.relations@teraplast.ro +40 741 270 439 TeraPlast Industrial Park www.teraplast.ro Saratel village, Sieu-Magherus commune Bistrita-Nasaud county, DN15A km 45+500 Bucharest Stock Exchange symbol: TRP