Grupo Empresarial San Jose, S.a. · BME:GSJ
Grupo Empresarial San Jose — Shareholder Meeting (2022)
33 slides from Grupo Empresarial San Jose's shareholder meeting presentation, 2022
Slide 1: AGM 2022 Annual General Meeting
AGM 2022 ANNUAL GENERAL MEETING
Slide 2: Agenda
1 Economic Environment 2 Global Group 3 Business Lines of Activity 4 Financial Information 5 Corporate Social Responsibility AGM 2022 2
Slide 3: Economic Environment
1 ECONOMIC ENVIRONMENT 2 Global Group 3 Business Lines of Activity 4 Financial Information 5 Corporate Social Responsibility AGM 2022 3
Slide 4: Evolution of the markets where the Group operates
ECONOMIC ENVIRONMENT Evolution of the markets where the Group operates •D uring year 2021, the Spanish economy has grown by 5.2%, according to INE data, moving away from the 10.8% fall recorded in 2020. • I n 2021, the government debt ratio has stabilised for most EU countries. Spain’s risk premium
Slide 5: Measures adopted
ECONOMIC ENVIRONMENT Measures adopted • So as to face the pandemic, the European Union has granted member countries a total of EUR 750,000 million, of which EUR 360,000 million will be allocated to low-interest loans and EUR 390,000 million to subsidies. Of this package, Spain will be allocated EUR
Slide 6: Construction Market
ECONOMIC ENVIRONMENT Construction Market • The construction area represents 90% of the Group’s revenue, its main market being Spain. Additionally, it operates in South America, Asia, the Middle East, Africa and the rest of Europe. • Globally, after a decline of 2.4% in 2020, according to the Global
Slide 7: Global Group
1 Economic Environment 2 GLOBAL GROUP 3 Business Lines of Activity 4 Financial Information 5 Corporate Social Responsibility AGM 2022 7
Slide 8: Business Lines - What do we do?
GLOBAL GROUP Business Lines - What do we do? BUILDING CIVIL WORKS ENERGY EFFICIENCY ENGINERRING & RENEWABLE ENERGY INDUSTRIAL CONSTRUCTION HOSPITAL CIVIL ENGINEERING / MAINTENANCE INFRASTRUCTURE BUILDINGS, ENERGY POWER REAL ESTATE PLANTS AND FACILITIES MANAGEMENT CONSERVATION OF PARKS AND GARDENS TE
Slide 9: Main geographic markets
GLOBAL GROUP Main geographic markets SAN JOSE OF MELIPILLA HOSPITAL ADMINISTRATIVE COMPLEX MARTINHAL (CHILE) EXPO OFFICES, LISBON (PORTUGAL). BRANCH OFFICES GRUPO PRESENCE - Spain - Mexico - Germany - Sweden - Portugal - Paraguay - France - Brasil - Cape Verde - Peru - Italy - The United States - Ar
Slide 10: Main markets - Europe
GRUPO GLOBAL Main markets - Europe THE IVENS EXPLORERS 5-STAR HOTEL, OFFICE BUILDING OF ONE PARC LISBON (PORTUGAL) CENTRAL, BARCELONA (SPAIN) STRETCH ÉVORA NORTE - FREIXO OF STRETCH VILABOA - A ERMIDA OF THE THE SOUTHERN INTERNATIONAL CO- FUTURE A-57 DUAL CARRIAGEWAY, RRIDOR (PORTUGAL) PONTEVEDRA (S
Slide 11: Main markets - America
GLOBAL GROUP Main markets - America HOMETOWN CONDOMINIUM SAN CARLOS CASADO (PARAGUAY) BORJA (PERU) SAN JOSE OF MELIPILLA HOSPITAL GENERAL BELGRANO WATER TREAT- (CHILE) MENT PLANT, BUENOS AIRES (ARGEN- TINA) AGM 2022 11
Slide 12: Main markets - Asia and Africa
GLOBAL GROUP Main markets - Asia and Africa HILTON ABU DHABI YAS ISLAND 5-STAR HOTEL - RESORT (UAE). AL AIN HOSPITAL (UNITED ARAB EMI- RATES) HEADQUARTERS OF THE CENTRAL BANK OF CAPE VERDE IN PRAIA, ISLAND OF SANTIAGO (CAPE VERDE) AGM 2022 12
Slide 13: Revenue by country
GLOBAL GROUP Revenue by country Net Revenue 2021 2020 Spain 678,346 603,105 Portugal 129,926 131,120 Chile 72,289 82,868 Peru 21,053 12,271 Argentina 6,796 5,518 Others 19,277 127,099 TOTAL 927,687 961,981 BREAKDOWN INTERNATIONAL REVENUE 2021 1% 678,348 2% 3% 1% 3% 52% 9% Domestic mark International
Slide 14: Business Lines of Activity
1 Economic Environment 2 Global Group 3 BUSINESS LINES OF ACTIVITY 4 Financial Information 5 Corporate Social Responsibility AGM 2022 14
Slide 15: Contribution by business lines of activity
LÍNEAS DE ACTIVIDAD Contribution by business lines of activity REVENUE EBITDA 90.1 16.6 Construction 37.8 Others business 837.6 • Net revenue in 2021 amounted to EUR 927.7 million with an associated EBITDA of EUR 54.4 million. • The Group’s main business line, construction, accounted for 90.3% of re
Slide 16: Real Estate
BUSINESS LINES OF ACTIVITY Real Estate 17,193 Net Revenue 8,568 21.2% EBITDA % on turnover 5.5% 2020 2021 Nuevavista Condominium, Lima (Peru) • Activity corresponding, mainly, to the “Nuevavista Condominium” located in Lima (Peru) for a total of 1,104 housing units, arranged into 10 phases. • The Pa
Slide 17: Energy
BUSINESS LINES OF ACTIVITY Energy 11,481 Net Revenue 10,804 20.8% EBITDA % on turnover 33.7% 2020 2021 5,4 MW photovoltaic plant in Alcaudete, Jaen • This business line recorded a turnover in 2021 amounting to EUR11.5 million with an associated EBITDA standing at EUR €2.4 million (20.8% of revenue).
Slide 18: Concessions and Services
BUSINESS LINES OF ACTIVITY Concessions and Services 72,532 52,162 Net Revenue 13.9% EBITDA % on turnover 5.5% 2020 2021 El Carmen Dr. Luis Valentin Ferrada Hospital of Maipu, Santiago de Chile • Revenue corresponding to FY2021 for this line of activity stands at EUR 52.2 million. • The associated EB
Slide 19: Construction
BUSINESS LINES OF ACTIVITY Construction 867,580 837,557 Net Revenue 6.0% 4.5% EBITDA % on turnover 2020 2021 Fontan Building of the City of Culture of Galicia in Santiago de Compostela, A Coruña • Accumulated revenue in 2021 amounted to EUR 837.6 million with an associated EBITDA standing at EUR 37.
Slide 20: Construction - Revenue by type of work
BUSINESS LINES OF ACTIVITY Construction - Revenue by type of work 2020 2021 3% 4% 6% 4,389 7% Industrial 27,604 57% 54% Residential 65,771 building 233,528 Non- 131,216 residential 319.408 building 12,074 Civil Works 43,567 33% 36% Domestic market International market Civil Works Non-residential bui
Slide 21: Construction - Backlog detail
BUSINESS LINES OF ACTIVITY Construction - Backlog detail 1,531 59 1,234 56 347 798 649 486 182 188 2020 2021 Civil Works Non-residential building Residential building Industrial • The construction backlog amounted to EUR 1,531 million at 31.12.21, recording a 24% increase compared to 31.12.20. • Of
Slide 22: Financial Information
1 Economic Environment 2 Global Group 3 Business Lines of Activity 4 FINANCIAL INFORMATION 5 Corporate Social Responsibility AGM 2022 22
Slide 23: Consolidated Management Income Statement
FINANCIAL INFORMATION Consolidated Management Income Statement 2020 2021 Data in millions of euros 2020 % 2021 % Changes Turnover 962.0 100.0% 927.7 100.0% (3.6%) Other operating income 20.9 2.2% 22.3 2.4% 6.7% Operating gross expense (908.1) (94.4%) (895.6) (96.5%) (1.4%) EBITDA 74.8 7.8% 54.4 5.9%
Slide 24: Consolidated Balance Sheet
FINANCIAL INFORMATION Consolidated Balance Sheet 2020 2021 Data in millions of euros M€ % M€ % Changes Intangible assets 16.1 1.6% 17.6 1.9% 9.9% Property, plant and equipment 71.4 7.2% 74.1 7.9% 3.8% Investment property 11.9 1.2% 14.0 1.5% 17.7% Investment in associates and joint ventures 19.6 2.0%
Slide 25: Structure of the balance sheet
FINANCIAL INFORMATION Structure of the balance sheet 2020 2021 M€ M€ Resources generated by operations 75.4 53.8 Changes in working capital 14.3 (9.3) Other (15.2) (13.6) Non-current Net equity 19% NET CASH FLOW FROM OPERATIONS 74.5 30.9 assets 20% Disinvestments / (Investments) (25.3) (7.8) Non-cur
Slide 26: Cash position
FINANCIAL INFORMATION Cash position 194.6 199.7 2020 2021 125.7 Data in millions of euros M€ % M€ % Changes 23.4 Other current financial assets 75.9 21.0% 18.4 5.9% (75.7%) Cash and cash equivalents 285.3 79.0% 295.5 94.1% 3.6% TOTAL ASSET POSITIONS 361.2 100.0% 313.9 100.0% (13.1%) Non-Current bank
Slide 27: Backlog of the Group
FINANCIAL INFORMATION Backlog of the Group 22% 19% 78% 2,118 1,821 368 383 219 204 1,531 1,234 81% 2020 2021 Domestic market Private Construction Concessions and Services Energy International market Public • The backlog of the Group amounted to EUR 2,118 million at 31.12.21., recording a 16.3% incre
Slide 28: Summary
FINANCIAL INFORMATION Summary Revenue Revenue distribution EBITDA 837.5 962.0 74.8 958.2 927.7 17.2 54.4 758.4 603.1 52.2 682.8 521.5 678.4 11.5 51.7 613.4 536.1 45.9 46.3 385.4 385.5 436.7 90.2 43.8 361.3 372.9 313.1 297.4 358.9 52.2 252.1 223.0 249.3 9.3 2015 2016 2017 2018 2019 2020 2021 2015 201
Slide 29: Corporate Social Responsibility
1 Economic Environment 2 Global Group 3 Business Lines of Activity 4 Financial Information 5 CORPORATE SOCIAL RESPONSIBILITY AGM 2022 29
Slide 30: Strengths and attractions
CORPORATE SOCIAL RESPONSIBILITY Strengths and attractions Diversified group, focused Commitment to digital transfor- on traditional business lines, mation and innovation (R&D in which it has extensive and innovation) experience Reduction of debt levels and Flexible, efficient and strengthening of li
Slide 31: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY COMMITMENT TO QUALITY INFORMATION AND INNOVATION (R&D AND TRANSPARENCY INNOVATION) PREVENTION OF OCCUPATIONAL SUSTAINABLE RISKS AND COM- DEVELOPMENT AND PREHENSIVE RISK ENVIRONMENT MANAGEMENT MAXIMUM SUPPORT AND RESPECT FOR RESPECT FOR PEOPLE DIVERSITY AND EQUAL AND H
Slide 32: AGM 2022 Annual General Meeting
AGM 2022 ANNUAL GENERAL MEETING
Slide 33: Legal Disclaimer
LEGAL DISCLAIMER This document contains forward-looking statements regarding the intentions, forecasts or expectations of Grupo SANJOSE or its management at the date of its execution, relating to the activity and situation of the Group. These forward-looking statements or forecasts do not constitute
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