Cir S.p.a. - Compagnie Industriali Riunite · MIL:CIR
Cir S.p.a. - Compagnie Industriali Riunite — CIR S.p.A. - Compagnie Industriali Riunite — Q1 2020 Earnings Presentation
22 slides from Cir S.p.a. - Compagnie Industriali Riunite's earnings presentation, April 2020
Slide 1: 1Q 2020 Results
CIR 1Q 2020 Results April 2020 777777 y ARRBREE EE LETT aga 1 93 SF ELEN eee ESS aaa ry ye TFS eee epeteetaaae: PPP IsIsF a oe Caan ; ; Seagaaetad Dy eeaa 64450en PP; 2D yyy, wr
Slide 2: New CIR: streamlined group structure and renewed strategic focus
New CIR: streamlined group structure and renewed strategic focus • • •
Slide 3: New CIR: streamlined group structure
New CIR: streamlined group structure
Slide 4: New CIR: merger of CIR into Cofide completed
New CIR: merger of CIR into Cofide completed • • •
Slide 5: New CIR: disposal of GEDI completed
New CIR: disposal of GEDI completed • • • •
Slide 6: CIR: 1Q 2020 financial highlights
CIR: 1Q 2020 financial highlights • • • • •
Slide 7: CIR Group Consolidated income statement
CIR Group Consolidated income statement • • • •
Slide 8: CIR Group Consolidated income statement by business
CIR Group Consolidated income statement by business €/M
Slide 9: CIR Group - Consolidated balance sheet
CIR Group - Consolidated balance sheet
Slide 10: KOS – A leading operator in Long Term Care
KOS – A leading operator in Long Term Care ≈ SHAREHOLDERS ▪ CIR (59.53%) ▪ F2i (40.47%) LONG TERM CARE DIAGNOSTICS & CANCER CARE ACUTE CARE o REHABILITATION NURSING HOMES NURSING HOMES & PSYCHIATRY (ITALY) (ITALY) (GERMANY) • ≈30 Service Contracts • 1 Hospital • 36 facilities • 52 facilities • 48 fa
Slide 11: KOS – A geographically diversified player
KOS – A geographically diversified player 2019 Pro Forma(1) Revenues 2019 Pro Forma(1) Revenues split (%) (€m) 22% 538 1% Fussen 3% Italy 2019 A 74% 156 Germany 2019 PF(1) 21 Milano New Delhi India 2019 A 10 London 2019 A UK Long Term Care site Diagnostics & Cancer Care site Headquarter (1) 2019 Ful
Slide 12: KOS – Growth strategy and track record
KOS – Growth strategy and track record • Long • Term Care • Diagnos- • tics & Cancer • Care
Slide 13: KOS – 2019 P&L by business
KOS — 2019 P&L by business €/M Number of beds Number of beds under construction/acquired Revenues EBITDAR EBITDA EBITDA w/o IFRS16 EBIT EBITDAR margin EBIT margin IRE Assets Book Value 21,2 IRE Assets Fair Value 270,5 IRE Debt w/o IFRS16 (80,9) 8.406 1.236 492,2 78,3 (2,4) 123,8 23,1 (3,7) 120,6 22,
Slide 14: KOS – 1Q 2020 performance
KOS – 1Q 2020 performance • • • • • •
Slide 15: KOS – Acquisition of Charleston in Germany
KOS – Acquisition of Charleston in Germany • • • •
Slide 16: Sogefi – overview
Sogefi – overview Key financials 1H 201 SUSPENSIONS FILTRATION AIR & COOLING 36% 36% 28% • 11.7% Europe 60.9% 11.2% North America 19.0% • FORD 10.7% South America 10.5% FCA/CNH Industrial 10.1% Asia 9.6% GM 8.1% • DAIMLER 7.6% VOLKSWAGEN/AUDI 5.0% Weight of non-European markets: 39% TOYOTA 3.2% BMW
Slide 17: CIR Group - Consolidated net financial position
CIR Group - Consolidated net financial position €/M • •
Slide 18: Net financial position at CIR Holding level
Net financial position at CIR Holding level • (€ m) (1) (2) (3) Net financial surplus at Dec. 31, Net investments Fair value adjustment Holding costs Net financial surplus at March 31, 2019 2020 (1) Private equity investments (2) Delta fair value of securities + securities income (loss), trading (3)
Slide 19: Composition of net financial position at CIR Holding level
Composition of net financial position at CIR Holding level €/M
Slide 20: Non-core investments
Non-core investments Private equity * Diversified portfolio of private equity funds and direct minority private equity investments, with a fair value of € 59.2 M at 31 March 2020 (+ € 0.9 Mas a result of net investments) * The portfolio has reached its maturity/reimbursement phase, as limited invest
Slide 21: Disclaimer
Disclaimer | This document has been prepared by CIR for information purposes only and for use in presentations of the Group’s results and strategies. For further details on CIR and its Group, reference should be made to publicly available information, including the Annual Report, the Semi-Annual and
Slide 22: CIR
CIR www.cirgroup.com
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