Feerum S.a. · GPW:FEE
Feerum — Q1 2020 Earnings Presentation
36 slides from Feerum's earnings presentation, Jun 30, 2020
Slide 1: Presentation of results for the first quarter of 2020
Presentation of results for the first quarter of 2020 June 30, 2020
Slide 2: The most important events of the first quarter of 2020
The most important events of the first quarter of 2020 The most important events of the first quarter of 2020 Financial results for the first quarter of 2020 FEERUM in Ukraine Tanzania project Strategy Summary 2
Slide 3: The most important events of the first quarter of 2020
The most important events of the first quarter of 2020 ✓ In the first quarter of 2020, the Group obtained sales revenues higher by over 34% compared to the same period last year. Net profit increased by over 195% to 4,2 million PLN compared to the first quarter of last year. ✓ The Ukrainian contract
Slide 4: Financial results for the first quarter of 2020
Financial results for the first quarter of 2020 The most important events of the first quarter of 2020 Financial results for the first quarter of 2020 FEERUM in Ukraine Tanzania project Strategy Summary 4
Slide 5: Sales revenues (thous. PLN)
Sales revenues (thous. PLN) 5 I quarter 2020 35 905 sales revenues I quarter 2019 26 735 sales revenues Results for the year 2019 – 242 874 thousand PLN Source: Consolidated quarterly report for the period from January 1, 2020 to March 31, 2020
Slide 6: The Group's revenues in geographical terms
6 The Group's revenues in geographical terms Country 01.01 -31.03.2020 01.01 -31.03.2019 Poland 5 124 8 753 Export 30 782 17 982 Ukraine 29 668 9 729 Tanzania 492 7 909 Lithuania 607 0 Other countries 15 344 Total 35 905 26 735 Source: Consolidated quarterly report for the period from January 1, 202
Slide 7: Foreign sales
7 Foreign sales I quarter 2020 85,7% 14,3% domestic sales I quarter 2019 67,3% 32,7% domestic sales Source: Consolidated quarterly report for the period from January 1, 2020 to March 31, 2020
Slide 8: Basic financial results for I quarter of 2020
Basic financial results for I quarter of 2020 thous. PLN I quarter 2020 I quarter 2019 Change in % Sales revenues 35 905 26 735 34,3% Gross profit (loss) on sales 5 828 4 188 39,2% Gross margin on sales 16,2% 15,7% 0,57 p.p. EBITDA 5 665 3 593 57,7% Profitability EBITDA 15,8% 13,4% 2,34 p.p. Profit
Slide 9: The structure of the balance sheet as at March 31, 2020
The structure of the balance sheet as at March 31, 2020 9 Assets Liabilities 36,1% fixed 52,1% equity capital 63,9% rotary 47,9% commitment 50% 50% Main items: Main items: 62% 62% 61,8 mln PLN financial stocks 45,9 mln PLN short terms liabilities due to deliveries and service 59,1 mln PLN receivable
Slide 10: FEERUM in Ukraine
FEERUM in Ukraine The most important events of the first quarter of 2020 Financial results for the first quarter of 2020 FEERUM in Ukraine Tanzania project Strategy Summary 10
Slide 11: FEERUM in Ukraine
FEERUM in Ukraine
Slide 12: Ivanovka facility for Epicentr K LLC before commissioning
Ivanovka facility for Epicentr K LLC before commissioning Capacity - nearly 150 thousand m3
Slide 13: Modern grain drying technology
Modern grain drying technology In EpicentrK LLC facilities we used dryers with a total drying capacity of over 200 MW. Thanks to them, it is possible to dry up to 40 thousand tons of corn per day. At the Ivanovka facility, it will be possible to dry 4,5 thousand tons of corn grain per day.
Slide 14: 1 million tons
1 million tons The total capacity of the facilities manufactured for Epicentr K LLC is nearly 1 million tons Winnica object
Slide 15: Zakupne object
Zakupne object
Slide 16: Warranty, employee training and after-sales service guarantee support for Epicenter K LLC
Warranty, employee training and after-sales service guarantee that FEERUM will support Epicenter K LLC for several decades.
Slide 17: Transport devices have been fully adapted for work in industrial facilities.
Transport devices have been fully adapted for work in industrial facilities. We are the only company in the industry we use hot polymer processing - valves, valves, conveyors and elevators. This will extend their continuous operation up to five times.
Slide 18: The potential of the Ukrainian market is enormous
The potential of the Ukrainian market is enormous, 30-40 million tons of cereals require storage. The key to success is the comprehensive offer: product plus financing. FEERUM's offer, supported by financing under the "supplier loan" scheme, perfectly fits the needs of this market.
Slide 19: We also carry out investments for other clients in the Ukrainian market
19 We also carry out investments for other clients in the Ukrainian market Oratov object
Slide 20: Cooperation with Epicentr K LLC
20 Daniel Janusz Cooperation with Epicentr K LLC „The agro sector is a very promising area of activity of Epicentr K, and further projects with the participation of Feerum, which will increase the storage capacity of our client, are in our opinion only a matter of time.”
Slide 21: Tanzania project
Tanzania project The most important events of the first quarter of 2020 Financial results for the first quarter of 2020 FEERUM in Ukraine Tanzania project Strategy Summary 21
Slide 22: FEERUM in Tanzania
FEERUM in Tanzania
Slide 23: Dodoma
Dodoma
Slide 24: Mbozi
Mbozi
Slide 25: Songea
Songea
Slide 26: Makambako
Makambako
Slide 27: Shinyanga
a7 ttn, a_i aN a) Shinyanga -
Slide 28: Contract extension
Contract extension Prolonged approval procedures by the Tanzanian institutions participating in the project resulted in its extension until December 31, 2020.
Slide 29: In parallel with the installation of roofs and sheathing, we conduct further foundation works
In parallel with the installation of roofs and sheathing, we conduct further foundation works for another silos, flat warehouses, other parts of warehouse complexes and social buildings.
Slide 30: Strategy
Strategy The most important events of the first quarter of 2020 Financial results for the first quarter of 2020 FEERUM in Ukraine Tanzania project Strategy Summary 30
Slide 31: FEERUM strategy: Obtaining an important player position on the international arena
31 FEERUM strategy: Obtaining an important player position on the international arena Dynamic increase in the scale of operations Strenghtening sales network Investments in modern and design department technological solutions Sales to the Modern domestic market technologies and and foreign expansion
Slide 32: Innovative solutions for agriculture
Innovative solutions for agriculture Foreign markets offering attractive growth prospects, due to the potential for the development of the agricultural industry and processing of agricultural production, and in particular noting the needs associated with their modernization, constitute the target ex
Slide 33: Summary
Summary The most important events of the first quarter of 2020 Financial results for the first quarter of 2020 FEERUM in Ukraine Tanzania project Strategy Summary 33
Slide 34: FEERUM after I quarter 2020
34 FEERUM after I quarter 2020 High contracted and potential Prolongation of the contract order book for 2020-2021; implementation for NFRA – by the Good market prospects end of year 2020. Innovative on a global scale products in the Company's offer; Over 34% increase in sales revenues significant s
Slide 35: 59-225 Chojnów
FEERUM JSC. 6 Okrzei Street 59-225 Chojnów Polska +48 76 81 96 738 +48 76 81 88 485 sekretariat@feerum.pl www.feerum.pl
Slide 36: Reservation
Reservation This study has been prepared solely for information purposes. It does not constitute advertising or offering securities in public trading. The study uses information sources that FEERUM S.A. considers it credible and accurate, but there is no guarantee that it is comprehensive and fully