Erria A/s · OMXCOP:ERRIA
Erria A/s — Investor Presentation (March 2023)
23 slides from Erria A/s's investor presentation, Mar 9, 2023
Slide 1: Erria – Introduktion til aktien
HC ANDERSEN CAPITAL 9 marts 2023 ERRIA – INTRODUKTION TIL AKTIEN SERVICE OF CONTAINER LIFE-SAVING & FIRE SHIPPING OFFSHORE SERVICES FIGHTING EQUIPMENT
Slide 2: ERRIA at a glance
ERRIA at a glance The Company • Founded in 1992, Erria A/S was listed on NASDAQ First North Copenhagen in 2007. Denmark 9 • Today, Erria is a maritime ‘one stop shop’ with presence ECS 169 in several countries around the world. Mermaid 37 • Erria provides services internationally within sectors such
Slide 3: Experienced Leadership Team
Experienced Leadership Team Following a change of ownership control, Erria brought in top experienced people to the board in July 2018. At the same time, the Erria Group CEO Henrik N. Andersen acquired 6 percent of the shares of Erria A/S. Søren Storgaard Kristian Svarrer Sing King Ng (Paul) Chairma
Slide 4: Business Areas Overview
Business Areas Overview Key Business Activities International Subsidiaries Shipping Offshore Personnel Marine Warranty Services Surveying ERRIA Container Services Ltd. Revenue 2022 = Dkk 44 mio. Mermaid Maritime Vietnam Company Limited Revenue 2022 = Dkk 19 mio. Revenue 2022 Revenue 2022 Revenue 202
Slide 5: Shipping
Shipping Main activities • Erria is asset light service provider • Technical management, crewing, inspections and dockings Ørsted contract contributes to green transition • Erria won 5-year (+2 years) with Ørsted 1st of July 2022 • Contract value estimated to be DKK 450 mio. • The agreement includes
Slide 6: Offshore Personnel Services
Offshore Personnel Services Customers and long lasting relationships Main activities Providing specialized personnel for: ASN - 9 years SGRE - 2 years • Cable laying vessels • Survey- and installation vessels 6 years Market focus • Being the link between major fiber optic installation companies and
Slide 7: Marine Warranty Surveying
Marine Warranty Surveying. Plays a critical role in risk reduction. • Rig Move Attendance - Warranty Survey on behalf of MODU Operators and Interested Underwriters. • Jack-up Location Approval - Certificate of Approval (CoA) including studies of soil investigation, site specific assessments and vess
Slide 8: Why Vietnam and Asia
Why Vietnam and Asia Vietnam is turning into a key logistics and trade hub due to its strategic The main challenges of doing business position as the transshipment and manufacturing hub of the region. with Vietnam are: Wages are considerably lower than in China: • corruption. • bureaucracy. • grey a
Slide 9: Erria Container Services (ECS)
Erria Container Services (ECS) Main activities The Company has 169 employees, operates across 7 locations, and handles more than 150.000 containers per year. • Container Depot: • Container Storage, Lift On/Lift Off services, Container Cleaning • EMR (Equipment Maintenance Repair): • Dry and reefer b
Slide 10: Empty Container Depot?
Empty Container Depot? Empty containers are stored in a depot A depot serves as a temporary storage facility for shipping containers until it's time for the reloading cargo. ECS offer a centralized facility for the collection, storage and maintenance of containers Two types of customers 1. Shipping
Slide 11: Mermaid Maritime Vietnam
Mermaid Maritime Vietnam Sales and service of life-saving and fire fighting equipment for marine and offshore industry • Established in 2004 – Today 37 employees • Head office and workshop in Vung Tau City, South Vietnam • Authorized sales and service partner for Viking Lifesaving Equipment A/S • Bu
Slide 12: Cathay Seal Singapore
. Cathay Seal Singapore • Manufacture and global distribution of security seals, tamper evident bags and labels (14 mio. pcs per year) • Established in 2010 - Head office in Singapore. • Third-party owned and operated factories located in Ningbo, China, and Batam, Indonesia • ISO 9001, 17712:2013 an
Slide 13: Clients We Proudly Service
Clients We Proudly Service SHIPPING OFFSHORE PERSONEL SERVICES WARANTY SURVEY ERRIA CONTAINER SERVICES CATHAY SEAL MERMAID MARITIME VIETNAM erria.dk 13
Slide 14: 2022 was an exceptionally strong year for Erria
Year-end report 2022 2022 was an exceptionally strong year for Erria The best performance in years was driven by solid results across all 4 companies (Erria A/S, Erria Container Services, Mermaid Maritime Vietnam & Cathay Seal). The overall result for the year was in line with the company's expectat
Slide 15: Highlights 2022
Highlights 2022 • Erria won an EU tender in the summer 2022 and entered into a 5-year contract with Ørsted 1st of July 2022. • Mermaid Maritime Vietnam became a part of the Erria Group 1st of January 2022. • The acquisition of Cathay Seal took place 7th of April and has contributed to Erria’s furthe
Slide 16: Financial Key Figures 2022
Financial Key Figures 2022 Development in the year The past year and follow-up on development expectations from last year Profit 2022 Equity Revenue EBITDA (kDKK) (kDKK) (DKK million) (DKK million) 157.9 13.2 9,344 3,855 59.1 1.8 2021 2022 2021 2022 The increase in turnover is due to the acquisition
Slide 17: Financial results 2022
Financial results 2022 Group DKK'000 2022 2021 Revenue 157.931 59.076 Gross profit/loss 57.845 29.440 Profit/loss before depreciations and amortisations (EBITDA) 13.214 1.785 Profit/loss before financial income and expenses (EBIT) 12.058 1.180 Profit/loss before tax 11.319 1.020 Net profit/loss for
Slide 18: Financial development 2018-2022
Financial development 2018-2022 180 15 15 10% 160 10 10 5% 140 120 5 5 0% 100 0 0 -5% 80 60 -5 -5 -10% 40 -10 -10 -15% 20 0 -15 -15 -20% 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Revenue EBITDA EBIT EBIT margin (%) mio. DKK: 2022 2021 2020 20
Slide 19: Targets and expectations for 2023
Targets and expectations for 2023 Erria expects another strong Erria will continue to pursue External environment year in 2023 growth opportunities in Asia ___ within the terminal business ___ ___ With the acquisitions of Mermaid & Cathay Seal fully integrated and with an Ørsted Erria expects lower
Slide 20: The ERRIA share
Henrik N Andersen The ERRIA share 4,5% Others Harbour • ERRIAs shares are listed on the NASDAQ First North 46% Group 24% GM Denmark stock exchange • The largest shareholders 1. Harbour Group 2. Ellegaard PTE 3. JPJ Invest Share Ownership 4. Henrik N. Andersen Distribution Development in Erria share
Slide 21: Kilde: Udarbejdet af Vaekstaktier
Kilde:Udarbejdet af Vaekstaktier
Slide 22: What do you invest in – why Erria?
Recap and questions What do you invest in – why Erria? • An asset light international mini-conglomerate • Solid foundations with several business areas that minimize risks • Stable business in Denmark - Growth potential in Asia • A company that has complied with its guidance 16 quarters in a row Whi
Slide 23: Contact us
Contact us Head Office Erria A/S Torvet, 21 1. sal DK-4600 Køge, Denmark Phone: +45 3336 4400 Email: info@erria.dk | www.erria.dk ERRIA Container Service (ECS) MERMAID MARITIME VIETNAM CATHAY SEAL COMPANY LIMITED 7-9-11 Mai Thi Luu Street, District 1, 167 Jalan Bukit Merah, #05-12 (SR11) Tower 4, Ho