Grupa Kety Sa · GPW:KTY

Grupa Kety Sa — Q3 2015 Earnings Presentation

14 slides from Grupa Kety Sa's earnings presentation, 2015

  1. Slide 1: Financial Results for 3rd Quarter 2015

    FINANCIAL RESULTS FOR 3rd QUARTER 2015 DARIUSZ MAŃKO PRESIDENT&CEO ADAM PIELA BOARD MEMBER&CFO 1

  2. Slide 2: Another Quarter of Sale Growth

    ANOTHER QUARTER OF SALE GROWTH The high share of export in consolidated sales - 43% after nine months. Maintaining last year's profit levels. The high level of budget implementation. 2

  3. Slide 3: Macro Factors in the 3rd Quarter 2015

    MACRO FACTORS IN THE 3rd QUARTER 2015 Price of aluminium 3M on LME (in USD/t) EUR/PLN 2 200 4,4 4,3 2 000 4,2 1 800 4,1 1 600 4 1 400 3,9 Price of aluminium 3M on LME (in PLN/t) USD/PLN 7500 4,1 7000 3,9 3,7 6500 3,5 6000 3,3 5500 3,1 5000 2,9 3

  4. Slide 4: Extruded Products Segment – strong exports, stable domestic sale

    EXTRUDED PRODUCTS SEGMENT– strong exports, stable domestic sale Sales revenues (PLN milion) Q3_2015 Q3_2014 change 3Q_2015 3Q_2014 change Sales 228,5 199,8 14% 645,3 538,0 20% 250 increase by 14% y/y 228,5 Domestic 143,1 130,0 10% 405,4 340,7 19% 201,8 215,0 200 199,8 192,7 Export 85,3 69,8 22% 239,

  5. Slide 5: Aluminium Systems Segment – maintained an upward trend

    ALUMINIUM SYSTEMS SEGMENT – maintained an upward trend Sales revenues (PLN milion) Q3_2015 Q3_2014 change 3Q_2015 3Q_2014 change Sales 240,3 208,2 15% 608,4 512,5 19% 250 increase by 15% y/y 240,3 208,2 Domestic 155,1 132,9 17% 397,1 330,5 20% 200 185,0 197,8 Export 85,2 75,3 13% 211,2 182,0 16% 170

  6. Slide 6: Flexible Packaging Segment – stabilization in the markets of Western Europe

    FLEXIBLE PACKAGING SEGMENT – stabilization in the markets of Western Europe Sales revenues (PLN milion) Q3_2015 Q3_2014 change 3Q_2015 3Q_2014 change Sales 109,2 100,0 9% 320,3 293,8 9% increase by 9% y/y 150 Domestic 65,7 57,7 14% 186,4 173,9 7% 109,2 Export 43,5 42,3 3% 133,9 119,9 12% 100,0 103,6

  7. Slide 7: Building Services Segment – better second half of the year

    BUILDING SERVICES SEGMENT – better second half of the year Sales revenues (PLN milion) Q3_2015 Q3_2014 change 3Q_2015 3Q_2014 change Sales 28,0 26,8 4% 82,0 104,7 -22% 60 increase by 4% y/y Domestic 15,0 14,1 7% 36,5 68,5 -47% Export 13,0 12,7 2% 45,6 36,2 26% 45 37,1 26,8 24,1 30,0 28,0 30 15 0 3Q_

  8. Slide 8: Building Accessories Segment – difficult second half

    BUILDING ACCESSORIES SEGMENT– difficult second half Sales revenues (PLN milion) Q3_2015 Q3_2014 change 3Q_2015 3Q_2014 change decrease by 8% y/y Sales 13,4 14,5 -8% 33,4 34,6 -3% 20 Domestic 9,0 9,3 -4% 24,8 24,2 2% 14,5 Export 4,4 5,1 -15% 8,5 10,3 -17% 15 13,4 9,8 11,1 8,9 10 5 0 3Q_2014 4Q_2014 1

  9. Slide 9: Implementation of Major Investment Projects

    IMPLEMENTATION OF MAJOR INVESTMENT PROJECTS Progress in 2015 EXTRUDED PRODUCTS SEGMENT (from the perspective of payments) 18MN Extrusion press 100% - start up in third quarter ALUMINIUM SYSTEMS SEGMENT The construction and extension of buildings 45% Machinery and equipment 65% Automation of logistic

  10. Slide 10: Stable Profits

    STABLE PROFITS PLN million Q3 2015 Q3 2014 change 3Q 2015 3Q 2014 change Revenues 541,1 489,0 +11% 1 502,0 1 340,6 +12 Operating profit 80,5 81,6 -1% 195,0 191,1 +2% margin 14,9% 16,7% 13,0% 14,2% EBITDA 104,4 103,0 +1% 262,3 252,2 +4% margin 19,3% 21,0% 17,5% 18,8% Result on financial activity -3,5

  11. Slide 11: Spectacular Growth of Cash-Flow from Operating Activities

    SPECTACULAR GROWTH OF CASH-FLOW FROM OPERATING ACTIVITIES Working capital (PLN million) (PLN million) 3Q_2014 4Q_2014 1Q_2015 2Q_2015 3Q_2015 600 580 Working Capital 509 496 532 551 580 551 509 496 532 Inventories 285 308 305 327 333 500 Receivables 399 363 405 410 431 400 Liabilities 174 175 178 18

  12. Slide 12: Stable Financial Position

    STABLE FINANCIAL POSITION Bank debt (PLN milion) The increase in debt resulting from the need to finance the 350 investment program and record dividend payment. 300 254,3 250 225,6 233,0 233,4 Net debt at around 260 million zł. 200 211,9 150 100 Safe indicators net debt/equity (0.21) and net debt /

  13. Slide 13: Summary

    SUMMARY A good third quarter Major projects of the new strategy in line with the schedule The Board maintains the year forecast 13

  14. Slide 14: Legal Note

    Legal Note. This presentation has been prepared by Grupa Kęty S.A. only for informational purposes and it does not form a purchase or sale offer or an offer aiming at soliciting a purchase or sale offer as regards any securities or financial instruments, or the participation in any commercial undert

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