Infortar As · OMXTSE:INF1T
Infortar As — AS Infortar — H1 2024 Earnings Presentation
14 slides from Infortar As's earnings presentation, Aug 5, 2024
Slide 1: 6 months 2024 of AS Infortar
INFORTAR 6 months 2024 of AS Infortar 5 August 2024
Slide 2: Today's presenters
Today's presenters INFORTAR Martti Talgre Kadri Laanvee Managing Director Head of Investor Relations
Slide 3: EUR 1 085 million EUR 143 million EUR 294 million
1997 • • EUR 1 085 million • EUR 143 million • • EUR 294 million • EUR 1 462 million • • • EUR 822 million • 6 • •
Slide 4: Highlights
Q1 2024 Real estate ¢ Increasing energy sales volumes, seasonality ¢ Strong results in infrastructure segment * Commissioning of our first solar park in Latvia * Q2 results reflect current macro economic situation * Strong financial position * Moderate leverage ¢ Stable results in real estate segmen
Slide 5: Key financials
Q1 2024 INFORTAR Millions of euros 6 months 2024 oe 12 months 2023 oe oe Revenue EBITDA Operating profit (EBIT) Net profit Earnings per share, in euros Assets Including Equity Total liabilities Net debt Investment loans to EBITDA 76 63 73 3,6 1495 185 840 448 263 21x 87 80 84 4] 1053 136 576 300 164
Slide 6: Energy: Infortar's investment rationale
INFORTAR ENERGY Infortar’s investment rationale Geographic expansion of proven business models Balanced investments in transitional and renewable energy Robust synergies between the existing and new businesses
Slide 7: Key energy supplier in the region
Key energy supplier in the region i E lesvolumes.TWh ee elenger | eesti gaas nergy sales volumes, ! 159 ! Revenue, EURm 43 SI _ S| [| 72 ce | ] 537.535 2019 2020 2021 2022 2023 ) W123 H124 Mm 2022 2023 «HI23.—s« 124 ft a & > Natural gas and electricity sales volumes 10 TWh (y-o-y +39%) EBITDA, EURm
Slide 8: Shipping: Infortar's investment rationale
SHIPPING Infortar’s investment rationale ?\y Strong market position in the Baltic Sea region creates “e= attractive long-term investment thesis We N ‘ BD) Crisis forged agile business operations aw) Significant synergies with other Group operations
Slide 9: Long-term bank loans, overdraft and net debt to EBITDA
900 84.2 90 800 80 700 70 600 16 60 500 50 400 40 746 663 300 587 555 30 476 522 200 20 11.2 5.4 100 3.1 10 2.8 2.7 0 0 (1) 31.12.2019 31.12.2020 31.12.2021 31.12.2022 31.12.2023 30.06.2024 Long-term bank loans Overdraft Net debt to EBITDA
Slide 10: Shipping passengers, cargo, revenue and EBITDA
Passenger (millions) Cargo (th. units) 10 9.8 500 410 2.3 400 380 360 369 8 96 324 94 82 101 6 3.0 5.5 5.7 300 76 Q4 102 3.7 1.3 1,3 93 92 91 4 200 76 172 Q3 3.0 1.9 1.8 2.6 109 2.7 100 87 1.3 1.1 92 85 87 Q2 2 1.5 1,5 100 1.1 1.6 1.9 1.6 1.1 93 100 85 102 87 85 1.0 Q1 0 0 2019 2020 2021 2022 2023 2
Slide 11: Real estate: Infortar's investment rationale
INFORTAR REAL ESTATE Infortar’s investment rationale 72> . se . . <p Diversified and modern portfolio across various segments = Secure assets providing stable cash flow generation &%>_ Sustainable tenant base with long-term contracts
Slide 12: 66,000 square meters in development, with building permits issued
66,000 square meters in development, with building permits issued • • • • 12
Slide 13: Infortar as an investment
Infortar as an investment 72 Diversified and expanding portfolio with strong asset base Xo” _ through prudent investments 2 Further growth with focus on international expansion and finding new investment opportunities “==, Agile business mindset targeting shared value creation and synergies across i
Slide 14: Q&A
INFORTAR Q&A