Slide 1: Presentation of results for Q1-Q3 2017
Presentation of results for Q1-Q3 2017 November 29, 2017
Slide 2: Representatives
Representatives Daniel Janusz president of the Board Piotr Wielesik member of the Board 2
Slide 3: The most important events of the third quarter of 2017
The most important events of the third quarter of 2017 Investment program under implementation Financial results for the first three quarters of 2017 Sales development trends Project Tanzania Strategy Summary 3
Slide 4: The most important events of the third quarter of 2017
The most important events of the third quarter of 2017 On the level of financial results for the third quarters of 2017, it brought nearly 100%. increase in sales revenues compared to the same period last year. In addition, prospects for potential future contracts allow you to optimally assess the
Slide 5: Investment program under implementation
The most important events of the third quarter of 2017 Investment program under implementation Financial results for the first three quarters of 2017 Sales development trends Project Tanzania Strategy Summary 5
Slide 6: Investments in progress - Program 2016-2019
Investments in progress - Program 2016-2019 Advanced lightweight orthotropic constructions of steel coils of flat bottom silos Strengthening the production potential Research and development The subject of the project is to carry out advanced R & D works in order Expansion of the existing machinery
Slide 7: Investments in progress - Program 2016-2019
Investments in progress - Program 2016-2019 1 Research and development 2 Strengthening the production potential Orthotropic constructions of silos purchase of machinery and equipment Modernizacja hali modernization ofprodukcyjnej the production hall Other R&D works mln PLN planned 5,7 expenditures 3
Slide 8: Production
Production The production technologies of individual building elements for the Tanzania project were developed with the use of new Feerum machines - production of all profiles and silo sheets on an automatic line for cutting and profiling Expansion of the machine park with another press for the
Slide 9: Purchasing department
Purchasing depar Developing a procurementand logistics strategy relatedto the implementation of contracts in Tanzaniaalongwith the selection ofthe main logistics operator to servicethe contract. Development of a full strategy for building construction and executive facilities for five investments in
Slide 10: Financial results for the first three quarters of 2017
The most important events of the third quarter of 2017 Investment program under implementation Financial results for the first three quarters of 2017 Sales development trends Project Tanzania Strategy Summary 10
Slide 11: Sales revenues
Sales revenues (tys. PLN) The increase in revenues from sales 75 000 was primarily affected by the 70 000 67 515 resolution of a number of applications for EU funding from the 65 000 Agency for Restructuring and 60 000 Modernization of Agriculture for 55 000 99,1% which recruitment took place at the
Slide 12: The revenue structure by sales directions
The revenue structure by sales directions Geographical structure of revenues Przychody (mln PLN) thous. zł III quarters 2017 III quarters 2016 change (thous. zł) change (%) Poland 43 027 25 275 + 17 752 +70,2% Exsport 24 488 8 638 + 15 850 +183,5% Total 67 515 33 913 + 33 602 +99,1% The export gro
Slide 13: Basic financial results for the third quarters of 2017
Basic financial results for the third quarters of 2017 I-III q. 2017 I-III q. 2016 change (thous. change (%) zł) thous. PLN 67 515 33 913 + 33 602 + 99,1% Sales revenues 14 039 3 384 + 10 655 + 314,9% Gross profit from sales 20,8% 10,0% - + 10,8 p.p. Gross margin on sales 14 191 5 238 + 8 953 + 170,
Slide 14: The structure of the balance sheet as of September 30, 2017
The structure of the balance sheet as of September 30, 2017 Assets Liabilities Main items: Main items: Rotary Commitment Financial stocks – 57,8 mln PLN Short-term liabilities due to deliveries 79,9mln PLN 78,3mln PLN and services – 18,7 mln zł Receivables – 17,1 mln PLN (43,6%) (42,7%) Cash
Slide 15: Sales development trends
The most important events of the third quarter of 2017 Investment program under implementation Financial results for the first three quarters of 2017 Sales development trends Project Tanzania Strategy Summary 15
Slide 16: Assessment of the current situation in the most important markets
Assessment of the current situation in the most important markets The company observes constant demand for elevators, both on the domestic and foreign markets, The current backlog includes 34 contracts with a completion date in the period 2017 to 2019 of approximately 156.1 million PLN. Among
Slide 17: Project Tanzania
The most important events of the third quarter of 2017 Investment program under implementation Financial results for the first three quarters of 2017 Sales development trends Project Tanzania Strategy Summary 17
Slide 18: Project Tanzania - contract with NFRA - ratification of the contract
Project Tanzania - contract with NFRA - ratification of the contract On December 22, 2016, the Company signed a contract with the National Food Reserve Agency based in Dar es Salaam (United Republic of Tanzania) for the construction of five grain silos and storage facilities on the territory of th
Slide 19: Project Tanzania – status
Project Tanzania – status A branch of Feerum Tanzania was registered, which obtained the necessary licenses to conduct activities in Tanzania. The projects of storage and drying complexes along with other infrastructure facilities were carried out for all locations, taking into account seismic a
Slide 20: African market - perspectives
African market - perspectives The African continent is increasingly counting on the international arena as a large market and potential investment market. Sub- Saharan Africa (49 countries out of 54 located on the continent) is not only an area of poverty and poverty, but also a huge potential and e
Slide 21: Activities aimed at the African market
Activities aimed at the African market Economic missions organized by the Polish Chamber of Commerce (KIG), the Polish Investment and Trade Agency (PAIH), the Ministry of Foreign Affairs (Ministry of Foreign Affairs) and individually: 29 -30 November 2017 - 6th EU-Africa Business Forum (EABF) May 20
Slide 22: Activities aimed at the African market
Activities aimed at the African market In September this year we took part in the In March 2017, our company also took economic forum in Krynica where our part in the Poland Africa Business Forum representative was one of the panelists and organized in Warsaw we could share practical knowledge about
Slide 23: Strategy
The most important events of the third quarter of 2017 Investment program under implementation Financial results for the first three quarters of 2017 Sales development trends Project Tanzania Strategy Summary 23
Slide 24: Strategy
Strategy Obtaining an important player position on the international arena Dynamic increase in the scale of operations Modern technologies and Sales on the domestic and expansion of the foreign market production base Strengthening Intensification of Investments in Expansion of the sales network and
Slide 25: Summary
The most important events of the third quarter of 2017 Investment program under implementation Financial results for the first three quarters of 2017 Sales development trends Project Tanzania Strategy Summary 25
Slide 26: Feerum after the third quarters of 2017
Feerum after the third quarters of 2017 High contracted and the potential portfolio for the period 2017-2019. Good market prospects Nearly 100% Intergovernmental increase in sales ratification of the contract revenues y/y with NFRA Tanzania. Continuation of activities on the African market. A new co
Slide 27: Thank you for your attention
Thank you for your attention 6 Okrzei Street 59-225 Chojnów www.feerum.pl 27
Slide 28: Legal disclaimer
Legal disclaimer 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 f