Slide 1: EVN conference call Q. 1 2020/21 results
EVN conference call Q. 1 2020/21 results 26 February 2021
Slide 2: Highlights Q. 1 2020/21
Highlights Q. 1 2020/21 Positive business development − Revenue (+4.8%), EBIT (+14.4%) and Group net result (+12.7%) Higher earnings contribution from equity accounted investees with operational nature Covid-19 pandemic had only limited influence Increase in installed wind power capacity to 376 MW C
Slide 3: Key financials Q. 1 2020/21
Key financials Q. 1 2020/21 Q. 1 2020/21 +/– Improvement in revenue EURm % Revenue 604.1 4.8 − Start of wastewater project in Kuwait EBITDA 333.8 75.1 − Higher temperature-related network sales Depreciation and amortisation -84.8 -18.3 volumes in Austria, Bulgaria and North Effects from impairment t
Slide 4: Solid balance sheet structure
Solid balance sheet structure Gearing decreased from 22.8% to 19.3% Strong balance sheet as basis for extensive investment programme in the coming years (annually up to EUR 450m) Committed, undrawn credit facilities in the amount of EUR 571m as of 31.12.2020 Conference call Q. 1 2020/21 results 4
Slide 5: EBITDA development by segments
EBITDA development by segments Generation Energy Networks South East Europe Environment 80 80.0% 71.0 71.4% 68.6 56.8 53.6 47.4% 48.5% 57.1% 46.7% 31.7 33.3 33.6 30 34.5 24.2% 17.9 14.0% 13.7% 14.9% 19.0% 5.5 19/20 20/21 19/20 20/21 19/20 20/21 19/20 20/21 19/20 20/21 -20 -20.0% Q. 1 EBITDA in EURm
Slide 6: Generation
Generation Q. 1 2020/21 +/– Decline in electricity generation Electricity generation volumes GWh % Total 870 -4.8 − Increase in renewable generation Renewable energy sources 465 0.7 − Good water flows Thermal energy sources 405 -10.4 − Decline in wind flows Q. 1 2020/21 +/– − Reduced use of Walsum 1
Slide 7: Energy
Energy Sales volumes to Q. 1 2020/21 +/– Positive development of energy sales end customers GWh % volumes Electricity 2,259 6.8 Natural gas 1,790 5.6 − Acquisition of new industrial customers Heat 722 10.4 − Weather-related increase for natural gas and heat Q. 1 2020/21 +/– Financial performance EUR
Slide 8: Networks
Networks Network distribution Q. 1 2020/21 Increase in network sales volumes +/– volumes GWh % − Increase in electricity and natural gas Electricity 2,326 1.8 1) (household customers) Natural gas 5,162 5.4 − Decrease in electricity (commercial customers) Q. 1 2020/21 +/– Revenue, EBITDA and EBIT abo
Slide 9: South East Europe
South East Europe Key energy business Q. 1 2020/21 +/– Increase in network sales volumes indicators GWh % Electricity generation volumes 98 -2.9 Decrease in energy sales volumes Network distribution volumes 3,639 -4.5 − Market liberalisation for commercial Electricity sales volumes 3,012 -0.6 Heat s
Slide 10: Environment
Environment Q. 1 2020/21 +/– Improvement in revenue, EBITDA Financial performance EURm % and EBIT Revenue 94.3 - EBITDA 17.9 - − Positive development of international EBIT 8.4 - project business, mainly due to start of Financial results -0.5 58.3 Result before income tax 7.9 - Kuwait wastewater proj
Slide 11: Cash flows
Cash flows Q. 1 2020/21 +/– Gross cash flow EURm in % Gross cash flow 407.8 - − Takeover of electricity procurement right Net cash flow from operating activities 43.7 - Net cash flow from investing activities -174.7 - CF from operating activities Net cash flow from financing activities 87.2 - Net ch
Slide 12: Outlook for 2020/21 confirmed
Outlook for 2020/21 confirmed Group net result for 2020/21 is expected to range from approximately EUR 200m to EUR 230m − Assuming average conditions in the energy business environment − Further course of corona crisis and resulting macroeconomic effects could have negative influence on individual b
Slide 13: Contact details
Contact details Stefan Szyszkowitz, CEO Information on the internet − www.evn.at IR contact partners: − www.investor.evn.at − Gerald Reidinger − www.responsibility.evn.at − Matthias Neumüller − Karin Krammer Headquarters of EVN AG − Doris Lohwasser (maternity leave) − EVN Platz 2344 Maria Enzersdorf
Slide 14: Disclaimer
Disclaimer Certain statements made in this presentation may constitute „Forward-Looking Statements” within the meaning of the U.S. federal securities law. Forward- looking information is subject to various known and unknown risks and uncertainties. These include statements concerning our expectation