Martifer Sgps · EURONEXT:MAR
Martifer Sgps — H1 2017 Earnings Presentation
13 slides from Martifer Sgps's earnings presentation, 2017
Slide 1: 1H 2017 Earnings Release
1H 2017 EARNINGS RELEASE BUILDING | FORWARD
Slide 2: Disclaimer
HIGHLIGHTS DISCLAIMER This Document (13 pages) was prepared by Martifer SGPS, exclusively for the present disclosure. The financial RESULTS ANALYSIS information herein has not been audited. All communications, enquiries and information requests relating to this document should be addressed to the Ma
Slide 3: Highlights
HIGHLIGHTS
Slide 4: Highlights
HIGHLIGHTS • Revenues reached 96.5 M€ in the 1st half • Positive EBITDA in 3 M€ with margin of 3.2 % RESULTS ANALYSIS • Net Profit attributable to shareholders of 5.7 M€ (which compares with -3.2 M€ YOY) • Net Debt with a 29 M€ decrease compared with December 2016 to 207 M€ • Order Book in Metallic
Slide 5: Results Analysis
RESULTS ANALYSIS
Slide 6: Results (unaudited)
HIGHLIGHTS RESULTS (unaudited) M€ JUNE 2017 RESULTS ANALYSIS Revenues 96.5 EBITDA 3.0 EBITDA margin 3.2% Depreciation & Amortization -5.1 Provisions & Impairment Losses -10.4 EBIT -12.6 EBIT margin -13.4% Financial Results 6.8 ORDER BOOK Results in associated companies 11.7 Profit Before Taxes 5.9 T
Slide 7: Capex and Net Debt
HIGHLIGHTS CAPEX AND NET DEBT CAPEX NET DEBT (M€) RESULTS ANALYSIS 300 283 1% 6% 260 Metallic Constructions 250 236 Renewables 207 200 Naval Industry 93% 150 ORDER BOOK 100 Total Capex of 1.1 M€, 50 mostly applied in the development of wind and solar projects in Central 0 Europe and in Latin America
Slide 8: Balance Sheet Solvency and Liquidity Ratios
HIGHLIGHTS BALANCE SHEET 450 SOLVENCY RATIO (Equity + Non-current Liabilities) / Non-current Assets RESULTS ANALYSIS 400 350 Non 1.3 Current Equity + 300 Non 1.2 Assets 203 Current Liabilities 2016 1H2017 250 239 ORDER BOOK 200 LIQUIDITY RATIO 150 Current Assets / Current Liabilities Current 100 Ass
Slide 9: Order Book
ORDER BOOK
Slide 10: Metallic Constructions and Naval Industry | Order Book
HIGHLIGHTS METALLIC CONSTRUCTIONS AND NAVAL INDUSTRY | ORDER BOOK RESULTS ANALYSIS 5% 2% 7% 34% ORDER BOOK 52% Algeria Sub-Saharan Africa Eastern Europe and Middle East TOTAL ORDER BOOK Western Europe Western Europe (Naval Industry) 292 M€ 10 EARNINGS RELEASE 1H 2017
Slide 11: Metallic Constructions and Naval Industry | Operational Activity
HIGHLIGHTS METALLIC CONSTRUCTIONS AND NAVAL INDUSTRY | OPERATIONAL ACTIVITY Metallic Constructions and Naval Industry currently have several relevant projects in its order book: RESULTS ANALYSIS ORDER BOOK Geneve Airport, Switzerland World Explorer, Antarctica ITER, France Ocean Patrol Vessels, Port
Slide 12: Martifer Renewables | Projects
HIGHLIGHTS MARTIFER RENEWABLES | PROJECTS PROJECTS UNDER DEVELOPMENT: RESULTS ANALYSIS 196.8 MW (Wind) PROJECTS IN OPERATION: 31.2 MW 8 MWp (PV) PROJECTS UNDER DEVELOPMENT: 16.8 MW (Wind) PROJECTS IN OPERATION: 7.23 MWn PROJECTS IN OPERATION: 42.0 MW PROJECTS UNDER CONSTRUCTION: 2.1 MW (Wind) ORDER
Slide 13: Representative for Market Relations
HIGHLIGHTS REPRESENTATIVE FOR MARKET RELATIONS RESULTS ANALYSIS Pedro Moreira T. +351 232 767 700 F. +351 232 767 750 www.martifer.com ORDER BOOK 13 EARNINGS RELEASE 1H 2017