Grupo Empresarial San Jose, S.a. · BME:GSJ
Grupo Empresarial San Jose — Shareholder Meeting (2020)
34 slides from Grupo Empresarial San Jose's shareholder meeting presentation, 2020
Slide 1: 2020 Annual General Meeting
IDR Family 5* Hilton Hotel - Resort and leisure entertainment areas at Yas Island, Abu Dhabi (United Arab Emirates) 2020 ANNUAL GENERAL MEETING
Slide 2: Agenda
1. ECONOMIC ENVIRONMENT 2. GLOBAL GROUP 3. BUSINESS LINES OF ACTIVITY 4. FINANCIAL INFORMATION 5. CORPORATE SOCIAL RESPONSIBILITY Al Ain Hospital, Abu Dhabi (UAE) 2020 ANNUAL GENERAL MEETING 2
Slide 3: 1. Economic Environment
1. ECONOMIC ENVIRONMENT 2. Global Group 3. Business Lines of Activity 4. Financial Information 5. Corporate Social Responsibility New Headquarters of the special office of the Tax State Agency in Murcia 2020 ANNUAL GENERAL MEETING 3
Slide 4: Main accomplishments in 2019
ECONOMIC ENVIRONMENT Main accomplishments in 2019 The world GDP growth during 2019 was 2.9%, what meant a slight weakening compared to the growth of the previous year (3.7%). Some of the most outstanding events that have characterised year 2019 have been: Trade and tariff tensions between the US and
Slide 5: Main macroeconomic data
ECONOMIC ENVIRONMENT 2019 2020E 2021E Main macroeconomic data WORLD GDP 2.9 -3.0 5.8 ADVANCED ECNOMIES 1.7 -6.1 4.5 The United States 2.3 -5.9 4.7 Euro Zone 1.2 -7.5 4.7 Germany 0.6 -7.0 5.2 France 1.3 -7.2 4.5 In 2020 the world economy is estimated to ex- Italy 0.3 -9.1 4.8 perience the greatest re
Slide 6: Main Macroeconomic Data - Spain
ECONOMIC ENVIRONMENT Main Macroeconomic Data - Spain The Bank of Spain, in its latest published study, estimates a longer duration of the crisis than initially anticipated, predicts that lockdown will cause a “very severe” contraction in GDP of between 9.5% and 12.4% this year, with a recovery in 20
Slide 7: Main Macroeconomic Data - Spain
ECONOMIC ENVIRONMENT Main Macroeconomic Data - Spain China 1 United States Real GDP, indexed Eurozone Local Currency Units, 2019 Q4=100 World 110 Spain 105 The recovery (in V) could start in the se- cond quarter of 2020 and last until 2022. 100 According to estimates, the unemployment 95 rate will s
Slide 8: 2. Global Group
1. Economic Environment 2. GLOBAL GROUP 3. Business Lines of Activity 4. Financial Information 5. Corporate Social Responsibility Mamsha Al Saadiyat Residential, Abu Dhabi (UAE) 2020 ANNUAL GENERAL MEETING 8
Slide 9: Business Lines - What do we do?
GLOBAL GROUP Business Lineas - What do we do? - Health Care BUILDING Culture, Sports and Education Hotels and Offices Unique CIVIL WORKS Buildings Residential ENGINERRING & INDUSTRIAL Developments CONSTRUCTION Refurbishment Infrastructure Developer and contractor that: ENERGY EFFICIENCY - Boosts cle
Slide 10: Strengths and attractions
GLOBAL GROUP Strengths and attractions Stable shareholding structure over Diversified group, focused on time together with the dedication and traditional business lines, where it professionalism of the management has extensive experience team Flexible, efficient and coordinated Commitment to sustain
Slide 11: Countries with ongoing projects
GLOBAL GROUP Countries with ongoing projects 5* H10 The One Great Luxury 5* Palacio da Anunciada Mandarin Oriental Ritz Hotel, Lisbon Madrid Hotel Residences Monte Rei Strech Vilaboa - A Golf & Country Club in Ermida of the future Vila Nova de Cacela, El Highway A-57, Algarve Pontevedra. 2020 ANNUAL
Slide 12: Countries with ongoing projects
GLOBAL GROUP Countries with ongoing projects Stage IV earthworks Al Ain Hospital, and soil stabilisation Abu Dhabi New Airport Navi Mumbai IDR Family 5* Hilton Stretch Raebarely - Hotel - Resort and leisure Highway NH-232, Uttar entertainment areas at Padresh Yas Island, Abu Dhabi 2020 ANNUAL GENERA
Slide 13: Countries with ongoing projects
GLOBAL GROUP Countries with ongoing projects General Hospital Zone Carlos Casado # 5 in Zapatec, State of Morelos Nuevavista Condomi- nium at the district of Bellavista in Callao, Lima Expansion of the San Jose Hospital of General Belgrano Melipilla Water Treatment Plant, Buenos Aires 2020 ANNUAL GE
Slide 14: Countries with ongoing projects
GLOBAL GROUP Countries with ongoing projects 4* Robinson Club Resort, Salt Island Headquarters of the Central Bank of Cape Verde in Praia, Island of Santiago 2020 ANNUAL GENERAL MEETING 14
Slide 15: Turnover by country
GLOBAL GROUP Turnover by country 2018 2019 € Zone 620.5 64.8% Data in thousands of Euros TURNOVER TURNOVER Changes Other Currency 337.8 35.2% Spain 372,893 521,532 39.9% Abu Dhabi 166,920 150,917 -9.6% Chile 73,584 59,718 -18.8% Portugal 78,463 98,936 26.1% Cape Verde 21,138 56,357 166.6% Spain 54%
Slide 16: 3. Business Lines of Activity
1. Economic Environment 2. Global Group 3. BUSINESS LINES OF ACTIVITY 4. Financial Information 5. Corporate Social Responsibility Stretch Highway Reguerón Ring Road MU-30 of Murcia 2020 ANNUAL GENERAL MEETING 16
Slide 17: Contribution by business line of activity
BUSINESS LINES OF ACTIVITY Contribution by business line of activity TURNOVER EBITDA 2019 2019 Construction 76% Concessions 5% Sundry 10% Construction 90% Real Estate 3% Outstanding lines of Energy 6% activity 10% Construction remains to be the main activity of the Group during 2019, and contributes
Slide 18: Real Estate
BUSINESS LINES OF ACTIVITY Real Estate M€ 12.8 Income 3.8 EBITDA 1.8 0.0 2018 2019 Works of the real estate development “Condominio Nuevavista” (1,104 housing units), started in 2018, allow Grupo SANJOSE to start a progressive recovery of both, income and EBITDA due to the contribution of this line
Slide 19: Energy
BUSINESS LINES OF ACTIVITY Energy M€ 9.7 9.5 Income EBITDA 3.1 2.7 2018 2019 EBITDA of the energy business line of activity improved 15.2% within the period. EBITDA / Sales margin stands at 32.8% (27.9% in the previous year). Contracted backlog at the end of the year stands at EUR 392 M. 2020 ANNUAL
Slide 20: Concessions and Services
BUSINESS LINES OF ACTIVITY Concessions and Services M€ 50.9 49.8 Income EBITDA 2.5 2.3 2018 2019 Stable and recurrent business line, both in sales and EBITDA. (EBITDA growth improving in 8.8% with regards to the previous year.) Improvement of EBITDA / Sales margin which stands at 5% (4.5% in the pre
Slide 21: Construction
BUSINESS LINES OF ACTIVITY Construction Revenue by type of project M€ 2% 862.3 5% 7% 676.0 39.8 Domestic International 36.7 market 27% market 24% 54% 46% 17% 18% 2018 2019 Non residential Residential Income Building Civil EBITDA Works Industrial Income growth of 27.6% compared to the previous year,
Slide 22: 4. Financial Information
1. Economic Environment 2. Global Group 3. Business Lines of Activity 4. FINANCIAL INFORMATION 5. Corporate Social Responsibility The City of Justice of Vigo 2020 ANNUAL GENERAL MEETING 22
Slide 23: Consolidated Management Income Statements
FINANCIAL INFORMATION Consolidated Management Income Statements 2018 2019 M€ % M€ % Change Net Revenue 758.4 100.0% 958.2 100.0% 26.3% Other Operating Income 11.8 1.6% 15.4 1.6% 30.3% Operating gross Expense -718.6 -94.7% -921.5 -96.2% 28.2% OPERATING PROFIT/(LOSS) (EBITDA) 51.7 6.8% 52.2 5.4% 1.0%
Slide 24: Consolidated Balance Sheet
FINANCIAL INFORMATION Consolidated Balance Sheet 2018 2019 ASSETS M€ % M€ % Changes Intangible assets 18.1 1.8% 17.6 1.8% -2.8% Property, plant and equipment 71.0 7.1% 76.9 7.7% 8.3% Investment property: 10.7 1.1% 9.5 1.0% -11.1% Other non-current Assets (Associates, deferrals, other) 174.7 17.5% 11
Slide 25: Balanced structure of the balance sheet
FINANCIAL INFORMATION Balanced structure of the balance sheet 2018 2019 M€ M€ Resources generated by operations 56,552 49,252 Management balance sheet 2019 Changes in working capital 41,290 -489 Other -12,467 -31,328 Non-current Net Equity 16% NET OPERATING CASH 85,375 17,435 Assets 22% Divestments
Slide 26: Cash position
FINANCIAL INFORMATION Cash position Consolidated Net Cash Position 126.9 2018 2019 M€ % M€ % Cash and cash equivalents 341.6 100.0% 315.8 100.0% 23.4 TOTAL ASSET POSITIONS 341.6 100.0% 315.8 100.0% Non-current Financial Debt 252.1 79.2% 132.8 70.3% -66.7 Derivative Financial Instruments Non-current
Slide 27: Backlog of the Group
FINANCIAL INFORMATION Backlog of the Group 2019 BACKLOG BY TYPE OF PROJECT M€ % CONSTRUCTION 1,312 70% Civil works 221 12% Non residential building 721 38% 38% Residential building 357 19% 38% Geographical 62% Client Industrial 13 1% Environment 62% CONCESSIONS & SERVICES 164 9% Maintenance 24 1% Co
Slide 28: Summary
FINANCIAL INFORMATION Summary Income (M €) Income Distribution 2019 EBITDA (M €) 52.2 51.7 % 46.3 019 : 16.0 45.9 2 015-2 43.8 TA CC 436.7 5% 385.5 385.4 90% 10% 361.3 3% 313.1 1% 521.5 372.9 1% 297.4 223.0 252.1 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 Concessions Energy Sundry Real Estate
Slide 29: Summary - main figures
FINANCIAL INFORMATION Summary - main figures Sales Backlog 958.2 M € 1,868 M € 26.3% BDI NCP 163.2 M € 126.9 M € 2020 ANNUAL GENERAL MEETING 29
Slide 30: GSJ's Share
FINANCIAL INFORMATION GSJ’s Share 2020 2015 2016 2017 2018 2019 10,00 Up to 16/07 GSJ’s Share Cotización PriceGSJ acción 9,00 Volumen negociado Capitalisation (Thousand of Euros) 59,824 210,034 230,843 299,120 390.156 304,972 Cotización cierre 8,00 No of shares (x 1,000) 65,026 65,026 65,026 65,026
Slide 31: 5. Corporate Social Responsibility
1. Economic Environment 2. Global Group 3. Business Lines of Activity 4. Financial Information 5. CORPORATE SOCIAL RESPONSIBILITY Wind farms for Enel Green Power in Teruel (176.6 MW) 2020 ANNUAL GENERAL MEETING 31
Slide 32: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY Commitment to quality Information and innovation (R&D+i) transparency Prevention of occupational Sustainable development risks and comprehensive and environment risk management Maximum support and respect for people and Respect for diversity and human rights equal opp
Slide 33: Annual General Meeting
IDR Family 5* Hilton Hotel - Resort and leisure entertainment areas at Yas Island, Abu Dhabi (United Arab Emirates) 2020 ANNUAL GENERAL MEETING
Slide 34: 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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