Scana Asa · OSL:SCANA
Scana Asa — Investor Presentation (May 2022)
31 slides from Scana Asa's investor presentation, May 2022
Slide 1: Scana ASA Investor presentation
Scana ASA Investor presentation Bergen May 2022
Slide 2: Our strategy: an active owner in the ocean industries
OUR STRATEGY: AN ACTIVE OWNER IN THE OCEAN INDUSTRIES Positioned for the Long industrial history Strong profitable low-emission society and competence growth
Slide 3: Ambition of yearly growth ~15% towards 2025 with transition towards Energy & Maritime
Ambition of yearly growth ~15% towards 2025 with transition towards Energy & Maritime Ambition of double digits annual organic growth towards 2025 1.7x Strong position in Energy expected to drive transition in revenue mix going forward 2025 ambition of double digits <40% 1.7 EBITDA margin Offs
Slide 4: Scana history
Scana history 1987 1987 – 95 1995 1995 – 2005 2006 Established Expansion Stock listed Expansion continues Smedvig sells majority Establishment of Scana Growth through Public listing of Scana acquires companies Smedvig sells its majority Industrier. acquisitions of several the company, Oslo Børs in N
Slide 5: Board
Board DAG SCHJERVEN MORTEN BLIX MARGARET HYSTAD MARIANNE LIE RUNE M. LUNDETRÆ Chairman of the board Deputy Chairman Board member Board member Board member Dag Schjerven (b.1954) has Morten Blix (b. 1961) Margaret Hystad (b. 1969) Marianne Lie (b. 1962) has Lundetræ (b. 1977) was more than 30 years o
Slide 6: Management
Management STYRK BEKKENES TORVALD REIESTAD ODDBJØRN HAUKØY Chief Executive Officer Chief Financial Officer Chief Commercial Officer Scana ASA Scana ASA Scana ASA ODDBJØRN HAUKØY ERLEND EINEVOLL PETER JANSSON EIRIK SØRENSEN TROND BØ TORKJELL LISLAND Managing Director Managing Director Managing Direct
Slide 7: Our business areas and portfolio companies
Our business areas and portfolio companies ~50%* ~30%* ~20%* Throughout the entire lifetime of offshore All the way from shoreline to seabed, we Sophisticated and dependable valve assets, we provide products, services and power the ocean industry with sustainable remote control systems and moo
Slide 8: Offshore
Offshore PSW Technology PSW Solutions Subseatec
Slide 9: Offshore
Offshore Products, services and life-time extensions to critical equipment for offshore industries. Maintenance solutions and tools enabling customers to reduce their CO2 footprint Unique facilities with the capacity to harvest the expected increased level of activity Solving subsea complexity
Slide 10: Offshore: Well-positioned for strong offshore project pipeline
Offshore: Well-positioned for strong offshore project pipeline through unique infrastructure and carbon reducing solutions Key growth drivers Maintenance & modification spending on NCS climbing back to levels not seen since 2014 Rising demand for service and products with low carbon footprint 2021 2
Slide 11: PSW Technology
PSW Technology PSW Technology offers a wide range of services and solutions to the global drilling industry. SUBSEA AND WELL CONTROL YARD AND FACILITIES LIFECYCLE SERVICES Design/engineering and fabrication of specialized One stop shop yard services with strategic location to Engineering, maintenanc
Slide 12: PSW Solutions
PSW Solutions With extensive experience from on- and offshore installations, PSW Solutions provide a unique expertise in the planning and execution of ISS (Insulation, Scaffolding and Surface treatment) services. SURFACE TREATMENT NDT SERVICES CONTROL OF LIFTING EQUIPMENT Treatment at our state-of-t
Slide 13: Subseatec
Subseatec Subseatec is one of the most experienced specialist companies in the world regarding riser applications in the oil and gas industry. RISER FORGINGS BODIES PIPE & FLANGES OTHER SUBSEA In terms of pipes, flow lines and flanges, In addition to pressure containing We produce a wide range of ri
Slide 14: Energy
Energy PSW Power & Automation ATC
Slide 15: Energy
Energy From shoreline to seabed, we power the ocean industry with sustainable energy solutions. Leading in electrification of ports Enabling green shipping by providing innovative energy storage systems (ESS) Well positioned for international expansion NOK million Revenue Q1 22 85.1 85 million
Slide 16: Energy: Complete solutions for electrification in fast-growing markets
Energy: Complete solutions for electrification in fast-growing markets with powerful underlying drivers Key growth drivers Leading position in growing Large opportunity in untapped Norwegian market European market ~40% market share ~10% shore power adoption1) Strong regulations & stakeholder push Ma
Slide 17: PSW Power & Automation / ATC
PSW Power & Automation / ATC Specializes in the design and integration of electrical power systems, electrical infrastructure, energy storage systems and control systems. ELECTRICAL INTERGRATION ENERGY PRODUCTS E-HOUSE SOLUTIONS SERVICE AND AFTERMARKET Complete electrical integration for safe Comple
Slide 18: Maritime
Maritime Seasystems Skarpenord
Slide 19: Maritime
Maritime Valve control systems and mooring solutions to vessels, rigs, and floating structures. A leading provider of innovative mooring solutions and valve remote control systems for vessels, rigs and floating structures Since 2015 diversifying into offshore aquaculture and wind with milestone
Slide 20: Maritime: Niche leader with strong track record in growing market segments
Maritime: Niche leader with strong track record in growing market segments Solid pipeline for Scana target vessel segments1) Continued growth in LNG (FSRU) as a catalyst for long-term energy transition 2021 2025 2.6k 3.3k vessels worldwide vessels worldwide Growth in global offshore wind capacity Th
Slide 21: Seasystems
Seasystems High internal competence within project management, engineering, fabrication and installation, we offer sophisticated and reliable mooring solutions to floating structures. MOORING SYSTEMS OFFLOADING SYSTEMS SEA FASTENING SYSTEM OTHER PRODUCTS AND SERVICES Spread mooring Used to transfer
Slide 22: Skarpenord
Skarpenord One of the world’s leading suppliers of valve remote control systems for shipping and the oil and gas industry. ACTUATORS HYDRAULIC POWER UNITS SOLENOID VALVE CABINETS SPARES/OTHER SERVICES Offers, among other things, annually Our actuators can be delivered as The HPU plays a huge r
Slide 23: Key numbers
Key numbers
Slide 24: Tailwind from market trends and new companies
Tailwind from market trends and new companies 230 Revenues & EBITDA margin - quarterly 0 Q1 2022 vs Q1 2021 Revenues YTD - NOK mill. Revenues 207.8 +126% 2022 8.8 % 0 7.8 % 18 0 208 7.4 % 2021 91.9 to NOK mill. 0 0 50 100 150 200 250 5.0 % 130 0 EBITDA margin 80 0 7.8% EBITDA YTD - NOK mill. 0 EBITD
Slide 25: Business areas – revenues & EBITDA
Business areas – revenues & EBITDA Revenues YTD – NOK mill. EBITDA YTD – NOK mill. MARITIME 38.9 MARITIME 3.4 OFFSHORE 84.4 OFFSHORE 13.7 ENERGY 85.1 ENERGY 6.0 0 10 20 30 40 50 60 70 80 90 0 2 4 6 8 10 12 14 16 26
Slide 26: Order backlog and intake
Q1 2022 total order backlog +119% Order backlog and intake to NOK 399 mill. Offshore order backlog Energy order backlog Maritime order backlog Order Backlog Order Intake % total % total % total 248 400 250 25% 350 47% 200 28% 300 250 150 Offshore NOK mill Energy NOK mill Maritime NOK mill 200 Order
Slide 27: Robust liquidity position
Robust liquidity position Liquidity reserve at end of March of 1 200 Funding, 31 March 2022 NOK 156 million NOK mill 1,048 1,048 Long term leases of strategi premises 1 000 Other financial assets: 66 at Mongstad and Ågotnes increased Net working capital: 82 Net interest bearing debt: 179 balance
Slide 28: Shareholders
Shareholders nos. of shares % of total % of 20 largest Herkules private equity IV LP2 89 309 276 22,70 % 32,49 % Herkules private equity IV LP1 31 690 724 8,06 % 11,53 % Krefting AS 25 137 610 6,39 % 9,14 % Sirena II AS 25 000 000 6,35 % 9,09 % Makrella holding AS 14 285 714 3,63 % 5,20 % Stolen AS
Slide 29: Sustainability
Sustainability In September 2015, 193 countries came together to ratify a set of 17 Sustainable Development Goals (SDGs) to serve as a roadmap towards a more sustainable future for the world. Scana actively uses this roadmap to fight for a more sustainable planet. Scana has selected four goals to gu
Slide 30: Scana takes responsibility
Scana takes responsibility 5. Gender equality 12. Responsible consumption and production Strong focus on gender equality, and to prevent any kind of Focus on reducing waste and establishing targets for energy management discrimination. Adopting sustainable practices throughout the company, and
Slide 31: Thank you
Thank you Scana ASA | Wernersholmvegen 49 | NO-5232 Paradis, Norway | E post@scana.no scana.no