Revenga Ingenieros S.a. · BME:RSS
Revenga Ingenieros — Revenga Smart Solutions — Investor Presentation (November 2023)
54 slides from Revenga Ingenieros's investor presentation, November 2023
Slide 1: Revenga Smart Solutions
Revenga Smart Solutions 1 YOUR SMART MOBILITY PARTNER
Slide 2: Disclaimer
Disclaimer This document (the "Presentation") has been produced by Revenga Ingenieros SA. ("Revenga"). Revenga is a registered trademark. The content and any other information verbally disclosed as part of the Presentation are strictly confidential. This Presentation is intended solely and exclusive
Slide 3: Contents
Revenga Smart Solutions CONTENTS 01 Revenga Smart Solutions Project at a glance 02 Shareholding structure 03 Team Board of 04 Directors and Committees 05 Smart Mobility Market Business lines 06 Solutions 07 50 Years' experience 08 ESG 09 Projects and Clients 10 Competitive Advantages 11 2023-2026 St
Slide 4: Revenga Smart Solutions Project at a glance
Revenga Smart Solutions Project at a glance 4 YOUR SMART MOBILITY PARTNER
Slide 5: Consolidated Smart Mobility Project at a glance
Smart Mobility Technology Safe | Sustainable | Easy | Satisfactory REVENGA SMART SOLUTIONS Consolidated Smart Mobility Project at a glance 5
Slide 6: Opportunity to grow and boost value
The only Smart Mobility investment option in BME Growth REVENGA SMART SOLUTIONS Opportunity to grow and boost value 6
Slide 7: A key player in the future of Smart Mobility
REVENGA SMART SOLUTIONS A key player in the future of Smart Mobility 7
Slide 8: Structure of Revenga Smart Solutions
Structure of Revenga Smart Solutions 8 YOUR SMART MOBILITY PARTNER
Slide 9: Structure of Revenga Smart Solutions
R Revenga E V E N G A S MSmart A R T S OSolutions LUTIONS Revenga Smart Solutions 77.31% held by Grupo Revenga Ingenieros, Structure of Revenga Smart Solutions 22.16% corresponds to Free-Float BME Growth Remainder in treasury stock REVENGA INGENIEROS S.A. RSS Smart Mobility RSS Chile Revenga Brasil
Slide 10: Team
Revenga Smart Solutions Team 10 YOUR SMART MOBILITY PARTNER
Slide 11: Management team
REVENGA SMART SOLUTIONS EDUARDO BONET MARCOS REBOREDO ARTURO REVENGA 11
Slide 12: Management team
REVENGA SMART SOLUTIONS MERCHE ALBACAR LAURA MACHADO ALBERTO FERNÁNDEZ 12
Slide 13: Specialised team committed to RSS objectives
Specialised team committed to RSS objectives • 213 people + 89 people involved in joint ventures. • 53% of staff are university graduates and 83% have some formal training/qualification. • RSS proposal for bespoke training programmes: railway signalling, payment systems, etc. • RSS Train-Tech to att
Slide 14: Board of Directors and Committees
Board of Directors Auditing Committee Appointments and Remuneration Committee Revenga Smart Solutions 14 YOUR SMART MOBILITY PARTNER
Slide 15: Board of Directors
REVENGA SMART SOLUTIONS • Alejandro de la Joya (Independent) Board of • Isabel Pardo de Vera (Independent)* • Enrique Cortés, Chair (Independent) Directors • Ana Revenga (Proprietary Director) • Alberto Fernández (Director) • Arturo Revenga (Proprietary Director/ CEO) • Secretary: Daniel Alaminos De
Slide 16: Board members
REVENGA SMART SOLUTIONS Alejandro de la Joya Ana Revenga Isabel Pardo de Vera 16
Slide 17: Board members
REVENGA SMART SOLUTIONS Enrique Cortés García- Alberto Fernández Paredes Arturo Revenga Herreros 17
Slide 18: Smart Mobility Market Business lines
Smart Mobility Market Business lines Revenga Smart Solutions 18 YOUR SMART MOBILITY PARTNER
Slide 19: Smart Mobility Market CAGR
REVENGA SMART SOLUTIONS Smart Mobility Market Global Smart Mobility (2023-2030) 16.6% Global Digital Railways (2023-2027) 9.7% CAGR Segments that apply to RSS Mobility Technology: 19 Safe | Sustainable | Easy | Satisfactory Global Smart Mobility Market 2017-2030 Facts&Factors Digital Railway Market
Slide 20: Revenga Smart Solutions business lines
REVENGA SMART SOLUTIONS Revenga Smart • Rail & Terminals: • ITS: • Urban traffic Solutions • Inter-urban traffic • Railways • Tunnels • Tolling systems • Metro lines • Buses/Fleets • Ports • Ticketing systems • Airports • Smart Cities Mobility Mobility Technology: 20 Safe | Sustainable | Easy | Sati
Slide 21: Solutions of Revenga Smart Solutions
Solutions of Revenga Smart Solutions 21 YOUR SMART MOBILITY PARTNER
Slide 22: Sensors, IoT, Big Data & AI
REVENGA SMART SOLUTIONS Sensors, IoT, Big Data & AI 22
Slide 23: Open ITS
REVENGA SMART SOLUTIONS Open ITS • • • • • • • • • • • • 23 •
Slide 24: Open ITS
REVENGA SMART SOLUTIONS Open ITS 24
Slide 25: RT2P Platform
REVENGA SMART SOLUTIONS RT2P Platform Transport company (Receive a remittance) Transport Concession holders Transport operator consortium Private operator Public authority RT2P Generation of senders Business Client intelligence Algorithm-based cost distribution Big Data Loyalty module Dynamic pricin
Slide 26: RailRox level crossings, Egyptian National Railways
Pasos a nivel de ultima generacién RailRox de Revenga Smart Solutions en red ferroviaria de Egyptian National Railways wy 3; REVENGA Smart Solutions
Slide 27: RailXcan on Marmaray
Solucion RailXcan para control parametro del tren en tiempo real de Revenga Smart Solutions en Marmaray (Tunel bajo el Bosforo), TCDD/Siemens) » REVENGA Smart Solutions = “RailXcan
Slide 28: RT2P ticketing, Quito Metro Line 1
Ticketing & back office RT2P de Revenga Smart Solutions en L1 Metro de Quito (Municipalidad de Quito/Acciona) REVENGA Smart Solutions
Slide 29: REVENGA SMART SOLUTIONS
REVENGA SMART SOLUTIONS 29
Slide 30: Revenga Smart Solutions: safety and payment technology
REVENGA SMART SOLUTIONS • Every year the lives of more than 1.3 million people Revenga Smart worldwide are cut short as a result of road traffic accidents. Solutions • More than 30 million people suffer non-fatal injuries. • RSS technology reduces accidents: • RailRox: smart level crossing • SmartTu
Slide 31: 50 years' experience
50 years' experience Revenga Smart Solutions 31 YOUR SMART MOBILITY PARTNER
Slide 32: Proven Track Record spanning 50+ years
REVENGA SMART SOLUTIONS • Breaking ground in the digitalisation of rail networks for more than 20 Proven Track years • Zaragoza-Huesca High-speed Line (AVE), ERTMS Level 1 in JV with Record Alstom in 2002 • 1st TETRA digital radio network on Madrid Metro line in 2003 with spanning 50+ Motorola • 100
Slide 33: ESG
ESG Revenga Smart Solutions 33 YOUR SMART MOBILITY PARTNER
Slide 34: Commitment to SDGs + 2030 Agenda
REVENGA SMART SOLUTIONS Commitment to SDGs + 2030 Agenda SDGs 2030 34
Slide 35: Commitment to SDGs + 2030 Agenda
REVENGA SMART SOLUTIONS • FORBES/Credit Suisse Award in 2022 for sustainability in the Commitment to Technology category • SME award for commitment to technological innovation for SDGs + 2030 Expansion-IFEMA-IESE • Members of the UN Global Compact since 2007. • Signatories of the Commitment to the B
Slide 36: Projects & Clients of Revenga Smart Solutions
Projects & Clients of Revenga Smart Solutions 36 YOUR SMART MOBILITY PARTNER
Slide 37: ADIF Monforte del Cid-Murcia high-speed line
ADIF MONFORTE Del CID – MURCIA HIGH-SPEED LINE SPAIN Project amounting to € 128 million PROJECT RSS share: € 32 million Interlocking Systems (ERTMS-1 and ERTMS-2), train protection, CAFS JV (50%) fixed telecommunications, GSM-R mobile RSS (26%) and FCC (24%) telecommunications, centralised traffic c
Slide 38: Cintra-Ferrovial D4R7 ITS motorway
CINTRA - FERROVIAL D4R7 ITS MOTORWAY 60 Km SLOVAKIA Amounting to € 15.8 million SCOPE OF INTERVENTION The scope includes the design, supply, installation and launch of ITS equipment, as well as the control centre on the new D4R7 motorway in Bratislava (60 km): • 102 VMS gantries and panels with pris
Slide 39: Consortium for Central Railway, Uruguay
SACYR, SACEEM, NGE, BERKES CONSORTIUM FOR CENTRAL RAILWAY 270 KM URUGUAY Amounting to € 17.2 million Overall project of $ 52 million as PROJECT part of a Consortium with CAFS Communications systems, 190 RailRox level crossings and RailXcan railway inspection systems, Central Railway, 270 km. SCOPE O
Slide 40: ADIF Tarragona-Vandellós high-speed line
ADIF TARRAGONA-VANDELLÓS HIGH-SPEED LINE SPAIN PROJECT AMOUNTING TO € 81 MILLION PROJECT RSS SHARE: € 21 million Interlocking Systems (ERTMS-1 and ERTMS-2), train protection, CAFS JV (50%) RSS (26%) and FCC (24%) fixed telecommunications, centralised traffic control, auxiliary systems, security and
Slide 41: Sacyr-Aleática Américo Vespucio Oriente
SACYR-ALEÁTICA AMÉRICO VESPUCIO ORIENTE - 9.5 Km Urban tunnel CHILE AMOUNTING TO € 10.6 MILLION PROJECT Maintenance: 2 years ITS Traffic System for the Américo Vespucio Oriente urban Consortium Globe (50%)-RSS(50%) highway (Chile). SCOPE OF INTERVENTION The scope includes the supply, installation, l
Slide 42: Provincial Government of Gipuzkoa
PROVINCIAL GOVERNMENT OF GIPUZKOA LURRALDEBÚS, 8 operators, 254 buses BASQUE COUNTRY AMOUNTING TO € 19.75 MILLION JV 40% RSS – 40% Gertek, 20% PROJECT Datik Design, supply, installation, configuration, launch, operation and maintenance of the operational assistance, passenger information and validat
Slide 43: DGT maintenance, East Andalusia
DGT DIRECTORATE-GENERAL OF TRAFFIC (DGT) MAINTENANCE EAST ANDALUSIA, SPAIN AMOUNTING TO € 7 MILLION JV 50% RSS – 50% Aceinsa PROJECT Services, works and supplies for the conservation, adaptation and operation of DGT's ITS facilities on roads controlled and managed from the management centres of DGT
Slide 44: Siemens Marmaray rail tunnel
SIEMENS MARMARAY: RAIL LINE TUNNEL UNDER THE BOSPORUS TURKEY AMOUNTING TO € 9.5 MILLION PROJECT RailXcan rail inspection systems and Aguterm+ switch heater systems in the rail line tunnel under the Bosporus. SCOPE OF INTERVENTION • Hot box detection system. • Flat wheel detection system. • Gauge exc
Slide 45: RSS clients: one of our greatest assets
REVENGA SMART SOLUTIONS RSS clients: one of our greatest assets 45
Slide 46: Competitive advantages
Competitive advantages Revenga Smart Solutions 46 YOUR SMART MOBILITY PARTNER
Slide 47: Competitive advantages RSS
REVENGA SMART SOLUTIONS • Export of solutions developed internally (Hw+Sw ) + partnerships with industry leaders (Cisco, Nokia, Huawei) comprehensive end-to-end offer • Developments with maximum functional security (SIL-4): extended life Competitive cycles and barriers to entry for those who do NO
Slide 48: 2023-2026 Strategic Plan, BME Growth listing
2023-2026 Strategic Plan BME Growth listing Revenga Smart Solutions 48 YOUR SMART MOBILITY PARTNER
Slide 49: Revenues up 20% in 2022, EBITDA up 1.7%
Revenues were up 20% in 2022 EBITDA was up 1.7% in 2022 Revenues Ebitda 46,80 4,21 38,80 TRACK RECORD OF RSS 31,23 27,49 2,61 2,52 2,06 REVENGA SMART SOLUTIONS 2019 2020 2021 2022 2019 2020 2021 2022 2019 and 2020 according to the individual audited financial statements of Revenga Ingenieros S.A. 20
Slide 50: RSS turnover in 2022
REVENGA SMART SOLUTIONS RSS turnover in 2022 (€) 55% outside of Spain Geographic area Business Line 50
Slide 51: 2026 forecast: revenues €71.1 million, EBITDA €7.5 million
2026 Revenues of € 71.1 million EBITDA of € 7.5 million FORECAST 2026 CAGR (2023-2026) of 11.4% Revenues REVENGA SMART SOLUTIONS CAGR (2023-2026) of 15.7% EBITDA Projection based on organic growth Note: These provisional figures may be adjusted in line with market conditions, auditors' reviews and o
Slide 52: Smart Mobility Project Portfolio
Revenga Smart Solutions SMART MOBILITY PROJECT PORTFOLIO Current portfolio of € 103 million 51% outside of Spain 52
Slide 53: BME Growth Listing
REVENGA SMART SOLUTIONS • 100% capital increase • Retaining the best talent • Further stimulus RSS needs to become the smart mobility leader, following the generational change in BME Growth Listing 2022 • Organic growth: • Foothold in US and Australian markets • Access to larger projects: • Dynamic
Slide 54: Thank you for your attention
Smart mobility technology can help us to make the world a better place The opportunity to invest in smart mobility THANK YOU FOR YOUR ATTENTION 54 YOUR SMART MOBILITY PARTNER
Revenga Smart Solutions — Investor Presentation (November 2023) on 6ix