Slide 1: Cementir Holding Group 2019 Nine Months results and 2022 Industrial Plan
Cementir Holding Group 2019 Nine Months results and 2022 Industrial Plan November 13th, 2019 Conference call | Rome, 13 November 2019
Slide 2: 2019 Nine months results highlights
2019 Nine months results highlights • Revenue rose by 1.5% to 906.1 M€ − Like-for-like Revenue declined by 2.2% due to difficult trading in Turkey • EBITDA increased by 11.6% to 181.8 M€ including 18.9 M€ from IFRS 16 impact − Higher contribution from Nordic & Baltic, Belgium, China, lower from Turk
Slide 3: Nordic & Baltic
Nordic & Baltic • Denmark − Domestic grey cement volumes were up thanks to renewed activity in the 43% prefab market. Prices up with inflation 50% − White cement exports increased overall, driven by the UK and Germany Prices up with inflation. − Ready-mix concrete volumes slightly down due to large
Slide 4: Belgium and France
Belgium and France • Belgium / France − Dynamic construction sector with increase in new housing permits and public works benefitting from the main road network infrastructure 19% 23% projects Share of Share of − Cement and clinker volumes increased alongside prices 2018 Group Revenue 2018 Group Ebi
Slide 5: North America
North America 7% 9% • United States − Comparisons with 2018 are meaningless due to the first-time consolidation of LWCC from Q2 2018 − Challenging market conditions due to weather and growing Share of Share of competition from imports in southern states 2018 Group Revenue 2018 Group Ebitda − Cement
Slide 6: Turkey and Egypt
Turkey and Egypt • Turkey 11% − Domestic cement volumes dropped by 35% with cement prices broadly 16% flat with different dynamics across our plants − RMC volumes were down by 50% YoY also due to the closure of 4 plants, with local currency prices up by 15% Share of Share of − TRY devaluation (-15%)
Slide 7: Asia Pacific
Asia Pacific 7% 8% • China − Good, stable growth in both volumes and pricing in the domestic market, helped by some competitors operating problems − Good cost control underpinned an 11.5% EBITDA progression YoY Share of Share of 2018 Group Revenue 2018 Group Ebitda • Malaysia − Domestic cement and c
Slide 8: Industrial Plan 2022 Targets
Industrial Plan 2022 Targets Data in EUR Millions KPI 2019 guidance 2022 Comment ➢ Increase in volumes of grey and white cement in all Sales ~1,250 1,300 - 1,350 geographical areas; prices in line with relevant markets ➢ Cementir 4.0 digitalization program to contribute 15M€ EBITDA 250-260 > 300 ➢ 2
Slide 9: Digitalization Program
Digitalization Program Cementir 4.0 program is focused on 4 different areas of manufacturing P.6 P.5 S.5 S.4 S.2 S.8 S.10 S.9 S.13 P.2 M.6 P.1 KPI M.7 P.3 S.6 M.10 E.3 P.4 S.7 S.3 M.1 S.1 S.11 E.2 M.2 S.12 E.1 M.4 KPI M.3 M.5 M.8 M.9 M.11 M.12 9
Slide 10: Cementir 4.0 master plan
Cementir 4.0 master plan Intense and detailed Master plan to be executed in the next 24 months Automatic advanced process parameters optimization Future-ready Production Improve quarry operations Increase mill throughput Digitize maintenance processes Smart Maintenance Predictive maintenance on gray
Slide 11: Sustainability Targets to 2030
Sustainability Targets to 2030 30% CO2 emission reduction per ton of cement produced thanks to: alternative fuels, clinker content reduction, product innovation, heat consumption reduction, heat recovery 100M€ investment between 2020 and 2022 in sustainability and digitalization, which will bring ar
Slide 12: Consolidated income statement
Consolidated income statement * J a n- Sept J a n- Sept (EUR million) Chg % 2019 2018 REV EN U E F ROM SA LES A N D SERV ICES 906.1 893.1 1.5% Change in inventories 0.3 8.6 (96.1%) Other revenue 11.9 12.1 (1.4%) TOTA L OPERA TIN G REV EN U E 918.4 913.8 0.5% Raw materials costs (346.6) (361.9) (4.2%
Slide 13: Disclaimer and Other information
Disclaimer and Other information •This presentation has been prepared by and is the sole responsibility of Cementir Holding N.V. (the Investor Relations: “Company”) for the sole purpose described herein. In no case may it or any other statement (oral or otherwise) made at any time in connection here