Ernst Russ Ag · XETR:ERAG
Ernst Russ — 29th MKK – Munich Capital Market Conference 2020
15 slides from Ernst Russ's conference presentation, Apr 29, 2020
Slide 1: 29th MKK – Munich Capital Market Conference
ERNST RUSS AG 29th MKK – Munich Capital Market Conference 29/04/2020
Slide 2: An experienced team
ERNST RUSS AG 29. MKK An experienced team Photo: Martina van Kann Thomas Deutsch (*1977) Robert Gärtner (*1955) Kai Dührkop (*1968) Authorised signatory, Head of Finance CEO Ernst Russ AG Authorised signatory, Head of Maritime Investments Ernst Russ AG (since 2013) (since 2019) Ernst Russ AG (since
Slide 3: Highlights 2019 / Beginning of 2020
ERNST RUSS AG 29. MKK Highlights 2019 / Beginning of 2020 JUNE 2019 JUNE/OCTOB ER 2019 FEBRUARY 2019 Disposal of Investor Acquisition of m Disposal of Solar Management segment a interest in shipp jority segment ing portfolio, in Pan amax and feeder conta iner ship OCTOBER 2019 MARCH/APRIL 2020 JULY
Slide 4: Key figures
ERNST RUSS AG 29. MKK Key figures 32,434,030 1893 Number of shares Establishment of Ernst Russ traditional shipping company 5,400 81 Shareholders as at Number of 2005 31/12/2019 employees as at Initial public offering 31/12/2019 2017 Listing in Scale segment of the Frankfurt Stock Exchange 71 Ships
Slide 5: Consolidated balance sheet as at 31/12/2019 – Solid capital base for future growth
ERNST RUSS AG 29. MKK Consolidated balance sheet as at 31/12/2019 – Solid capital base for future growth Assets ∑ 149 ∑ 103 22 104 24 Ships 17 Financial assets 13 Liquidity 10 40 22 Other assets 31/12/2018 31/12/2019 ∑ 149 Equity and liabilities 69 Equity ratio 46.2% ∑ 103 51 Equity ratio 49.4% Equi
Slide 6: Key figures – Consolidated and individual financial statements for Ernst Russ AG
ERNST RUSS AG 29. MKK Key figures – Consolidated and individual financial statements for Ernst Russ AG Key figures from the consolidated financial 2019 2018 2017 2016 Ø Change per statements financial financial financial financial annum since in EUR million year year year year 2016 Revenue 58.8 52.7
Slide 7: Increase in revenue with focus on Shipping
ERNST RUSS AG 29. MKK Increase in revenue with focus on Shipping 2019 2018 5.5 (9%) 12.2 (23%) 14.8 (25%) 25.6 ∑∑∑∑∑ (49%) 38.5 (65%) 14.9 (28%) Shipping Real Estate Photo: Adobe Stock © m.mphoto ∑ EUR 58.8 million Others ∑ EUR 52.7 million 7 in EUR million confidential
Slide 8: Why continue to invest in ships in the future?
ERNST RUSS AG 29. MKK Why continue to invest in ships in the future? Ships will always be indispensable for 1 functioning world trade Phase of sustained consolidation on the 2 shipping markets began in 2017 Historically low prices for second-hand vessels 3 compared with the prices of newbuildings Lo
Slide 9: Shipping segment – Our core business
ERNST RUSS AG 29. MKK Shipping segment – Our core business As a major listed company in the international shipping industry, we continuously expand our existing fleet and secure stable and sustainable earnings and added value for investors and shareholders. Photo: Adobe Stock © Kalyakan 9 confidenti
Slide 10: Shipping segment – Our business activities
ERNST RUSS AG 29. MKK Shipping segment – Our business activities Asset and investment management Management of ship operations Transaction team Chartering strategy Asset management Operations Accounting Crewing strategy Financing Selection of technical management Controlling and risk management Insu
Slide 11: Why Ernst Russ?
ERNST RUSS AG 29. MKK Why Ernst Russ? Photo: Martina van Kann Existing portfolio of 28 ship investments in our 1 target segments 30 years’ experience in structuring/management 2 of ship investments Long-term investment horizon enables 3 sustainable and stable generation of income Sound research, lon
Slide 12: Outlook
ERNST RUSS AG 29. MKK Outlook The spread of the new coronavirus is slowing the development of the global economy and will lead to a large-scale collapse of global trade Decline in global raw materials and container trade will lead to a corresponding reduction in charter rates Slight to moderate decl
Slide 13: Thank you for your attention!
ERNST RUSS AG 29. MKK Thank you for your attention! Even in the corona crisis: ‘Always a fair wind and a calm sea!’ Photo: Adobe Stock © Denys 13 confidential
Slide 14: Please feel free to contact us.
ERNST RUSS AG 29. MKK Please feel free to contact us. Basic data for the Ernst Russ share Your contact Share type No-par registered shares (bearer shares) Number of shares 32,434,030 Share capital EUR 32,434,030 Number of shares authorised for 32,434,030 trading on a stock exchange Scale (Frankfurt
Slide 15: Legal Notice
Legal Notice This presentation (“Presentation”) was made only for the internal use of its recipient and is meant to be used for discussion purposes only. The recipient of the Presentation is not entitled to give any information contained in the Presentation to third parties and is obliged to ensure
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