Martifer Sgps · EURONEXT:MAR

Martifer Sgps — H1 2018 Earnings Presentation

13 slides from Martifer Sgps's earnings presentation, 2018

  1. Slide 1: Earnings Release 1H 2018

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  2. Slide 2: Disclaimer

     HIGHLIGHTS DISCLAIMER  RESULTS ANALYSIS This Document (13 pages) was prepared by Martifer SGPS, S.A. exclusively for the present disclosure. The financial information herein has not been audited. All communications, enquiries and information requests relating to this document should be addressed

  3. Slide 3: Highlights

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  4. Slide 4: Highlights

     HIGHLIGHTS • Revenues reached 104.1 M€, of which 56.3 M€ in Metallic Constructions, 43 M€ in the Naval Industry and 5.6 M€ in Renewables  RESULTS ANALYSIS • Turnover generated outside Portugal and exports represent about 70 % of the Group's total turnover • Positive EBITDA in 5.8 M€ (margin of 6

  5. Slide 5: Results Analysis

    RESULTS ANALYSIS

  6. Slide 6: Results

     HIGHLIGHTS RESULTS (unaudited)  RESULTS ANALYSIS MARTIFER Revenues 1H 2018 M€ CONSOLIDATED Revenues 104.1 5% EBITDA 5.8 EBITDA margin 6.0% Depreciation & Amortization -4.5 Provisions & Impairment Losses 2.8 54%  ORDER BOOK 41% EBIT 4.2 EBIT margin 4.3% Financial Results -3.7 Results in associate

  7. Slide 7: Capex and Net Debt

     HIGHLIGHTS CAPEX AND NET DEBT  RESULTS ANALYSIS CAPEX NET DEBT (M€) 300 283 2% 260 Metallic Constructions 250 236 34% Renewables 189 186  ORDER BOOK 64% 200 Naval Industry 150 Total Capex of 1.4 M€, 100 of which 0.9 M€ of Metallic Constructions and 0.5 M€ 50 of Renewables, being in this last seg

  8. Slide 8: Balance Sheet

     HIGHLIGHTS BALANCE SHEET  RESULTS ANALYSIS 400 SOLVENCY RATIO (Equity + Non-current Liabilities) / Non-current Assets 350 300 Non Equity + 1.1  ORDER BOOK Current Non 250 Assets Current 195 Liabilities 212 200 150 LIQUIDITY RATIO Current Assets / Current Liabilities 100 Current Current Assets Li

  9. Slide 9: Order Book

    ORDER BOOK

  10. Slide 10: Metallic Constructions + Naval Industry | Order Book

     HIGHLIGHTS METALLIC CONSTRUCTIONS + NAVAL INDUSTRY | ORDER BOOK  RESULTS ANALYSIS 2% 5% 3% 23%  ORDER BOOK 67% Algeria Sub-Saharan Africa Eastern Europe and Middle East TOTAL ORDER BOOK Western Europe Western Europe (Naval) 297 M€ 10 EARNINGS RELEASE 1H 2018

  11. Slide 11: Metallic Constructions + Naval Industry | Operational Activity

     HIGHLIGHTS METALLIC CONSTRUCTIONS + NAVAL INDUSTRY | OPERATIONAL ACTIVITY  RESULTS ANALYSIS The Metallic Constructions and the Naval Industry currently have several relevant projects in their order book:  ORDER BOOK Geneva Airport, Switzerland World Explorer, Antarctica Porte de Versailles, Fran

  12. Slide 12: Martifer Renewables | Projects

     HIGHLIGHTS MARTIFER RENEWABLES | PROJECTS  RESULTS ANALYSIS PROJECTS UNDER DEVELOPMENT: PROJECTS IN OPERATION: 196.8 MW (Wind) 31.2 MW (Wind) 8 MWp (PV) PROJECTS UNDER DEVELOPMENT: 13 MW (Wind) PROJECTS IN OPERATION: PROJECTS IN OPERATION:  ORDER BOOK 7 MWp (PV) 42 MW (Wind) NEW MARKET PORTUGAL

  13. Slide 13: Representative for Market Relations

     HIGHLIGHTS REPRESENTATIVE FOR  RESULTS ANALYSIS MARKET RELATIONS Pedro Moreira T. +351 232 767 700 F. +351 232 767 750  ORDER BOOK www.martifer.com 13 EARNINGS RELEASE 1H 2018

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