Innovatec Spa · MIL:INC
Innovatec Spa — Investor Presentation (November 2021)
20 slides from Innovatec Spa's investor presentation, Nov 29, 2021
Slide 1: Company Presentation NEXT GEMS Borsa Italiana
1 COMPANY PRES ENTATION Milan, 29 November 2021 NEX T G EMS BORS A I TALI ANA I N N O VAT E C : T O WAR D S A C L E AN E R F U T U R E , T O G E T H E R . 1
Slide 2: Agenda
2 Agenda CleanTech Industry Innovatec Group Performance 2
Slide 3: CleanTech industry: What is CleanTech?
3 CleanTech industry W H AT I S C L E AN T E C H ? Any process, product or service that aims at reducing negative environmental impacts through: significant improvements environmental protection sustainable use of resources: in terms of energy activities – recovery, recycling water, air and the effi
Slide 4: Innovatec Group: Who we are
4 Innovatec Group W H O W E AR E The Italian leading operator providing 360-degree services in circularity and sustainability. We integrate Energy Efficiency services and the full cycle of Environmental services, from recovery to recycling. We also have an impact in helping other Companies to improv
Slide 5: CleanTech industry: We are in an attractive business
5 CleanTech industry W E AR E I N AN AT T R AC T I V E B U S I N E S S As part of a new European strategy heading to “Net Zero”, CleanTech investments are expected to grow sharply and for a long time. EU INVESTMENTS ITALIAN GREEN EVOLUTION OUTLOOK: Piano Nazionale di Ripresa e Resilienza (PNRR) Gree
Slide 6: Our strategic guidelines as a leading operator in CleanTech
6 Innovatec Group O U R S T R AT E G I C G U I D E L I N E S AS A L E AD I N G O P E R AT O R I N T H E C L E AN T E C H I N D U S T RY Focus on value creation and medium-term return ESG driven EE & RENEWABLES CIRCULAR ECONOMY INNOVATION Become a leader in our sector Strengthen our asset base
Slide 7: Milestones
7 Innovatec Group M ILESTONES ALWAY S T H E R E T O S E I Z E T H E N E X T O P P O R T U N I T Y 7
Slide 8: What we do
8 Innovatec Group W H AT W E D O Innovatec develops and provides tailor-made and end-to-end energy solutions to industrial companies, households and building owners in the EE, environmental protection and circular economy sectors. ENERGY EFFICIENCY ENVIRONMENT SERVICES CIRCULAR ECONOMY • Design, imp
Slide 9: Key success factors & assets
9 Innovatec Group K E Y S U C C E S S FAC T O R S & AS S E T S Broad client base with high retention rates, also valuable efficient organizational structure; for cross-selling activities; Consolidated sales force and team of technicians Extensive sorting &treatment facilities combined with a
Slide 10: Operations, capacity and footprint
10 Innovatec Group O P E R AT I O N S , C APAC I T Y AN D F O O T P R I N T Partnership model allows for national coverage while improving efficiency and flexibility. Vertically integrated structure with presence at every step of the cycle ensures cost efficiency and flexibility underpinned by compl
Slide 11: Environment business division – overview
11 Innovatec Group: ENVIRONMENT BUSINESS DIVISION – OVERVIEW Waste service clients Description Collection and Sorting materials into Permanent disposal of Production capacity of transportation of waste from recoverable and non- waste biogas from landfill producers via own fleet and recoverab
Slide 12: EE business division – overview
12 Innovatec Group: EE BUSINESS DIVISION – OVERVIEW ‘‘As is’’ Analysis Energy Efficiency Milan Trieste Energy consumption analysis of Design, installation and management companies that use energy fossil technologies to improve EE to clients fuels and coal. Rome Value Proposition Contractual Analysis
Slide 13: Focus on House Verde project
13 Innovatec Group: EE BUSINESS DIVISION – OVERVIEW FOCUS ON HOUSEVERDE PROJECT Innovatec Power has already Client General Contractor signed agreements with banks for credit assignment End of Zero-cost EE building/house work and discount renovations or securing with anti- invoice seismic renovatio
Slide 14: Our business strategy leading the way to future growth
14 Innovatec Group O U R B U S I N E S S S T R AT E G Y L E AD I N G T H E WAY T O F U T U R E G R O W T H ONE COMPANY ONE BUSINESS INNOVATION Focus on strengthening Innovatec offer in the Clean Tech Business TECHNOLOGICAL as one, united Group, while streamlined Company's processes and technological
Slide 15: Our governance
15 Innovatec Group O U R G O V E R N AN C E Traditional administration and control system (BoD, Statutory Auditors and Shrs’ Meeting). Advisory Board and Supervisory Board with third-party members. Enterprise risk management procedures and controls in place. BOARD OF DIRECTORS ELIO COSIMO CATANIA, R
Slide 16: Half-year key financials
Performance 16 1 H AL F 2 0 2 1 - K E Y F I N AN C I AL S DOUBLE DIGIT GROWTH 64 +68% 38 2.4 >100% REVENUES GROUP NET 1H2020 1H2021 RESULTS 1H2020 1H2021 -3.2 14 +52% 20.5 17.2 +19% EBITDA 9 GROUP NET EBITDA margin % 24% 22% EQUITY 2020 1H2021 1H2020 1H2021 16
Slide 17: Revenues and EBITDA breakdown
17 Performance R E V E N U E S AN D E B I T D A B R E AK D O W N 1H2021 vs 1H2020 Two growth drivers, and more to come from their integration In 1H2021, boost in the contribution of Energy Efficiency area to the Group Revenues of €64 m, driven by the “House Verde” project with the superbonus (€21.2
Slide 18: Cash generation
Performance 18 C AS H G E N E R AT I O N 1H2021 vs 1H2020 16.1 +50% +270% 10.7 NET FINANCIAL POSITION (positive) 2.9 2019 2020 1H2021 STRONG CASH 12.8 GENERATION +300% 5.8 FREE CASH FLOW 3.2 Cash flow from operations and investments 2019 2020 1H2021 22.7 +50% 15.1 12.4 CASH ON HAND 2019 2020 1H2021
Slide 19: The share
19 Performance T H E S H AR E SHAREHOLDERS Stock Data Innovatec S.p.A. Innovatec S.p.A. Listing Market Euronext Growth Milan Sostenya Group S.r.l ISIN IT0005412298 34,35% BIT INC Performance (3m) 95% Floating 53,73% 12M (H/L) 1.44/0.503 Average volumes 20 sessions 3.3M 11,92% Sostenya Group Ltd Aver
Slide 20: Contact details
20 Via Giovanni Bensi, 12/5 Investor Relations 20152 Milano ITALY Raffaele Vanni Tel +39 02 41 30 51 Tel. +39 02 87 21 17 00 fax +39 02 41 27 27 33 Fax. + 39 02 87 21 17 07 20 PEC: innovatecpower@legalmail.it Email: investorrelator@innovatec.it