Acs, Actividades De Construccion Y Servicios Sa · BME:ACS
Acs, Actividades De Construccion Y Servicios Sa — 9M 2021 Earnings Presentation
12 slides from Acs, Actividades De Construccion Y Servicios Sa's earnings presentation, Nov 12, 2021
Slide 1: 3Q 2021 Results Presentation
3Q 2021 Results Presentation November, May, 1412thth,, 2021 2021
Slide 2: 9M21 Key figures
9M21 Key figures Figures in € million and % variation 9M21 reported YoY Var.* SALES 20,365 -2.8% □ Stable sales, FX adjusted. □ Book-to-bill over 1.1x with backlog at peak BACKLOG 66,380 +8.6% □ Strong order intake across activities and regions EBITDA 1,165 +12.5% □ Raise in contribution from ABE su
Slide 3: Sales breakdown by key geographies
Sales breakdown by key geographies Europe 2,181 €mn North America 3,531 €mn 11% +6.8% 17% +4.2% YoY 664 €mn 3% +4.5% 12,132 €mn -5.4% 260 €mn YoY FX adjusted 1% +28.9% 3% Asia 60% Australia South America 1% 3,953 €mn 19% +8.0% YoY FX adjusted 9M21 – Results Presentation 3
Slide 4: Operating performance by activity
Operating performance by activity SALES EBITDA □ Sales impacted by USD -1.6% YoY FX adj. depreciation and termination of CONSTRUCTION 19,658 18,922 994 large projects in North America 928 □ Margin evolution reflects 5.1% INFRASTRUCTURE conversion to lower risk profile 4.9% contracts both in CIMIC an
Slide 5: Abertis 9M21 results
Abertis 9M21 results 9M21 Highlights Abertis – Key figures Average daily traffic performance of 21.6% yoy. Traffic levels recovery at or above 2019 levels thanks to the normalization of sanitary restrictions in all € Million 9M20 9M21 Var. geographies Revenues 2,989 3,651 +22% Operating performa
Slide 6: Net Profit by activities
Net Profit by activities Figures in € Million 9M20 9M21 YoY Var. Construction (Dragados + HOT1 ex ABE) 205 209 +2.0% Concessions 16 107 n.a Industrial Services2 243 325 +33.7% Services (Clece) 6 20 n.a. HQ Overheads* (32) (115) Attributable Net Profit 437 545 +24.7% (1) Thiess contribution adjusted
Slide 7: 9M Net Debt Evolution
9M Net Debt Evolution 671 14 3,573 295 942 2,679 (215) Adjusted for discontinued operations (815) Improvement of c.400 €mn vs 9M 20 Net Debt FFO (2) Operating Investment Divestment Shareholder Other (3) Net Debt Dec-20 Working Capital in projects in projects remuneration Sep-21 adjusted (1) variatio
Slide 8: Backlog recovery to Pre-pandemic levels
Backlog recovery to Pre-pandemic levels Backlog evolution Order intake trend Europe North America Asia Pacific Other 64.8 7.4% YoY 66.4 Quarterly evolution 3Y evolution 2,3 61.1 60.3 0,8 1,4 0,9 19,2 21,9 18,5 18,9 27,2 27,0 32,1 30,7 29,6 31,7 9,8 18,8 7,9 7,2 11,2 10,6 10,9 12,0 2019 Sep-20 2020 S
Slide 9: Solid backlog at historical highs
Solid backlog at historical highs 5Years Backlog evolution* TOTAL BACKLOG PER ACTIVITY Solid backlog performance over the past 5 years (+36.0%) Infrastructure backlog recovery supported by INFRASTRUCTURE outperformance in contracting activities and the award of large volume projects after the de
Slide 10: Recent awards
Recent awards ASIA PACIFIC ASIA PACIFIC WORKS Construction and operations phase (to 2051) 2,539 Upgrade the Warringah Highway awarded to 499 CIVIL €MN PPP of three-lane twin tunnels of the North East €MN a Joint Venture between CPB Contractors and Link Primary Package PPP in Melbourne Downer, for th
Slide 11: Conclusions
Conclusions Operating resilience across activities + recovery trend in particular lagging regions Risk balanced free cash flow with higher visibility and solid final position Backlog at historical highs underpinned by positive momentum of order intake Recovery trend confirmed in profitability, cash
Slide 12: Legal Disclaimer
Legal Disclaimer This document contains forward-looking statements on the intentions. expectations or forecasts of Grupo ACS or its management at the time the document was drawn up and in reference to various matters including. among others. its customer base. its performance. the foreseeable growth
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