Inter Rao Lietuva Ab · GPW:IRL
Inter Rao Lietuva Ab — Q1 2018 Earnings Presentation
14 slides from Inter Rao Lietuva Ab's earnings presentation, May 11, 2018
Slide 1: Investors Presentation 1Q 2018
INVESTORS PRESENTATION 1Q 2018 11 May 2018
Slide 2: 1. Introduction
INTER RAO LIETUVA 1. INTRODUCTION LL LSSTS LEA LL exo i) \ Q\ ql ql \ a! N) a’ WN a’ NY \ ooo
Slide 3: Company Profile
COMPANY PROFILE Trading position Purchase Sale Renewables Leading wholesale electricity 7% INTER RAO Lietuva Lietuvos energijos gamyba 13% 30MW wind park in Vydmantai 11% trader in Lithuania and the 4% 31% Energijos tiekimas 8% with a guaranteed feed-in tariff Elektrum Lietuva Baltic States 17% Ener
Slide 4: 2. Financial Performance
INTER RAO LIETUVA 2. FINANCIAL PERFORMANCE
Slide 5: Electricity Sales and Purchases in 2017
ELECTRICITY SALES AND PURCHASES IN 2017 Total volume of traded electricity ↘ Electricity sales volume increased to 4 758 GWh in 2017 4.800 4.690 4.644 4.758 versus 4 644 GWh in 2016. 4.600 4.374 ↘ During 2017 the client base of the Group increased to 1 433 4.400 4.273 (1 191 in 2016). 4.200 4.000 ↘
Slide 6: Electricity Sales and Purchases in 2017
ELECTRICITY SALES AND PURCHASES IN 2017 Sales in Lithuania (GWh) Purchases in Russia (GWh) 3.700 3.750 3.568 3.698 3.600 3.700 3.650 3.616 3.500 3.600 3.600 3.400 3.550 3.300 3.215 3.500 3.452 3.200 3.131 3.450 3.385 3.100 3.019 3.400 2.995 3.350 3.000 3.300 2.900 3.250 2.800 3.200 2.700 2013 2014 2
Slide 7: Electricity Sales and Purchases in 1Q 2018
ELECTRICITY SALES AND PURCHASES IN 1Q 2018 Sales by country 1Q (GWh, except Lithuania) ↘ Electricity sales volume increased to 1 481 GWh, compared to 160 147 1 321 GWh in 1Q 2017. 140 ↘ The largest volume of electricity was sold in Lithuania, 120 114 followed by Latvia, Poland and Estonia. 100 97 87
Slide 8: Electricity Sales and Purchases in 2017 (1Q)
ELECTRICITY SALES AND PURCHASES IN 2017 Sales in Lithuania 1Q (GWh) Purchases in Russia 1Q (GWh) 1400 1000 1232 892 900 841 1200 805 805 1034 800 1000 926 898 700 827 618 800 600 500 600 400 400 300 200 200 100 0 0 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 Total volume of traded electricity
Slide 9: The Group Results for 2017
THE GROUP RESULTS FOR 2017 Financial figures 2017 2016 2015 2014 2013 • Revenue from sales increased to EUR 179.4 Sales (EUR thousand) 179 378 178 880 186 694 210 362 219 498 million, compared to EUR 178.9 million in Gross profit (EUR thousand) 18 354 18 943 29 602 21 769 7 474 2016, thanks to a hig
Slide 10: The Group Results for 1Q 2018
THE GROUP RESULTS FOR 1Q 2017 1st 1st 1st 1st 1st • Revenues from sales in 1Q 2018 increased by Financial figures quarter quarter quarter quarter quarter 23 per cent y/y to EUR 59.5 million thanks to 2018 2017 2016 2015 2014 higher volume of electricity sold. Sales (EUR thousand) 59,457 48,515 46,05
Slide 11: The Group and the Company Results for 2017
THE GROUP AND THE COMPANY RESULTS FOR 2017 Group Company 2017 2016 2017 2016 Sales (EUR thousand) 179 378 178 880 141 787 138 932 Cost of Sales (EUR thousand) (161 024) (159 937) (128 143) (123 866) Gross profit (EUR thousand) 18 354 18 943 13 644 15 066 Gross profit margin (%) 10.23% 10.59% 9.62% 1
Slide 12: Stock Performance
STOCK PERFORMANCE Stock performance in WSE Dividens for FY2016 announced Ex-dividend day (yield 17.89%) ↘ The Company’s shares are included in the Main list on Warsaw Stock Exchange 2016 financial results published ↘ In May 2018 the Company will pay EUR 0.355 dividend per share (13.7% dividend yield
Slide 13: Dividend Policy
DIVIDEND POLICY ↘ The dividends are paid from the net profit of the Company AB INTER RAO Lietuva (not of the Group) ↘ In May 2018 the Company will pay to shareholders EUR 0.355 dividend per share (13.7% dividend yield) ↘ Dividends for 2017, 2016, 2015, 2014, 2013, 2012, 2011 and 2010 amounted to EUR
Slide 14: Thank You for Your Attention!
THANK YOU FOR YOUR ATTENTION!