Polimex - Mostostal Sa · GPW:PXM
Polimex - Mostostal Sa — Q1 2019 Earnings Presentation
36 slides from Polimex - Mostostal Sa's earnings presentation, May 2019
Slide 1: Polimex Mostostal Capital Group
Date (Arial 20pt, dark gray) POLIMEX MOSTOSTAL CAPITAL GROUP MAY 2019
Slide 2: Polimex Mostostal Capital Group
Polimex Mostostal Capital Group The company carries out specialized investments in Poland and abroad for the energy, petrochemical, gas and environmental protection industries. It is a producer and an exporter of steel structures and platform gratings. It also provides services in the galvanizing an
Slide 3: Certificate of Incorporation – 10th September 1945
Certificate of Incorporation – 10th September 1945 MAY 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 2
Slide 4: Segments of Polimex Mostostal Capital Group
Segments of Polimex Mostostal Capital Group Polimex Mostostal Capital Group consists of production and service companies operating in the following key sectors: POWER SECTOR OIL, GAS PRODUCTION INDUSTRIAL INFRASTRUCTURE SUPPORT AND SERVICE AND CHEMICALS CONSTRUCTION MAY 2019 WWW.POLIMEX-MOSTOSTAL.PL
Slide 5: International Projects
International Projects LIBYA Azzawiya Oil Terminal Arabian Cement Company and Libyan Cement Company Arabian Gulf Oil Company Cement Plant in Martuba, in cooperation with Mitsubishi, Japan Azzawiya Oil Refinery Company Tajoura Tyre Factory Abu Kammash Chemical Complex EGYPT Egyptian National Railways
Slide 6: Strategic Projects of Polimex Mostostal Capital Group
Strategic Projects of Polimex Mostostal Capital Group Project Kozienice for GK ENEA Project Opole for GK PGE Project Żerań for GK PGNiG Project completed MAY 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 5
Slide 7: Strategic Projects: Kozienice Power Plant, Unit 11
Strategic Projects: Kozienice Power Plant, Unit 11 MAY 2019 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 6
Slide 8: Strategic Projects: Opole Power Plant Units 5 and 6
Strategic Projects: Opole Power Plant Unit, 5 and 6 MAY 2019 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 7
Slide 9: Strategic Projects - Steam and Gas Unit in EC Żerań
Strategic Projects - Steam and Gas Unit in EC Żerań MAY 2019 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 8
Slide 10: Fields of Activity: Oil, Gas and Chemicals
Fields of Activity: Oil, Gas and Chemicals We operate in a wide variety of industries, ranging from refinery, petrochemical, chemical, energy and coke oven. We specialize in the construction and modernization of production facilities and installations for the following: ▪ chemical plants OIL, GAS ▪
Slide 11: Key Entities of Naftoremont-Naftobudowa Sp. z o.o.
Key Entities of Polimex Mostostal Capital Group Naftoremont-Naftobudowa Sp. z o.o. Construction of CDU/VDU installations Neste BTT Botlek Tank Terminal Biodiesel Installation Lotos Group Refinery in Gdańsk for Porvoo, Finland MAY 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 10
Slide 12: Fields of Activity: Production
Fields of Activity: Production Mostostal Siedlce is one of the leading European manufacturers of steel structures. Mostostal Siedlce specializes in the production of steel structures and platform gratings, it also provides services in the corrosion protection of steel structures, particularly using
Slide 13: Key Entities of Mostostal Siedlce Sp. z o.o. Sp. k.
Key Entities of Polimex Mostostal Capital Group Mostostal Siedlce Sp. z o.o. Sp. k. Power plants, Truss structures, frames, poles Public facilities petrochemical industry MAY 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 12
Slide 14: Fields of Activity: Industrial and General Construction
Fields of Activity: Industrial and General Construction Polimex Budownictwo offers comprehensive services in the industrial and general construction sector in the capacity of a General Contractor (GW). The company's offer is based on two main pillars: Industrial construction ▪ production plants ▪ wa
Slide 15: Key Entities of Polimex Mostostal Capital Group
Key Entities of Polimex Mostostal Capital Group Marshall Józef Piłsudski's Municipal Bridgestone factory in Stargard European Solidarity Centre in Gdańsk Stadium of Legia Warsaw Konstrukcje kratownicowe, Obiekty użyteczności publicznej ramy, słupy POLIN Museum of the History of Polish Jews in Warsaw
Slide 16: Fields of Activity: Infrastructure
Fields of Activity: Infrastructure Among the major assets of Polimex Infrastruktura are our subject matter experts with their unparalleled knowledge and solid experience in the infrastructure industry. We offer services in the comprehensive implementation of organizationally and technically challeng
Slide 17: Key Entities of Polimex Infrastruktura Sp. z o.o.
Key Entities of Polimex Mostostal Capital Group Polimex Infrastruktura Sp. z o.o. INFRASTRUKTURA INFRASTRUKTURA Polimex Infrastruktura Sp. z o.o. A4 highway section Wielicka-Szarów A1 highway section Sośnica-Maciejów A2 highway section Stryków-Konotopa MAY 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 16
Slide 18: Domestic Market – Our Clients & Partners
Domestic Market – Our Clients & Partners Klienci Partnerzy MAY 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 17
Slide 19: International Markets – Our Clients
International Markets – Our Clients MAY 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 18
Slide 20: International Markets – Our Partners
International Markets – Our Partners MAY 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 19
Slide 21: Polimex-Mostostal - Safety Leader in 2019
Polimex-Mostostal - Safety Leader in 2019 All subcontractors’ employees working on Polimex Mostostal construction sites undergo mandatory training in internal OHS procedures and are obliged to comply with them. During performance of each contract, the subcontractors are often subjected to inspection
Slide 22: Polimex-Mostostal - Safety Leader in 2019
Polimex-Mostostal - Safety Leader in 2019 This year the jury of „Infrastructure and Construction Diamonds” has granted an award to Polimex-Mostostal SA in the „Safety Leader” category. The title of the Safety Leader indicates that the whole Polimex Mostostal Capital Group has been recognized as a so
Slide 23: New Projects from 01.01.2019
New Projects from 01.01.2019 ▪ Construction of a coal-fired power unit with the capacity of 100 MW in Zakłady Azotowe Puławy (contract value: PLN 1,116 billion), Client: Grupa Azoty Puławy** (Poland) ▪ Construction of the oil terminal in Gdańsk, 2nd stage (contract value: PLN 228,8 mln), Client: PER
Slide 24: Selected Financial Data for IQ 2019
SELECTED FINANCIAL DATA FOR IQ 2019 MAY 2019 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 23
Slide 25: Selected Financial Data for IQ 2019 in MLN PLN
Selected Financial Data for IQ 2019 in MLN PLN Polimex Mostostal Capital Group in mln PLN IQ 2018 IQ 2019 OPERATING INCOME 348 353 OPERATING PROFIT 4 -12 EBITDA 10 -3 GROSS INCOME -2 -18 NET INCOME -1 -18 NOTES ▪ The operating income of Polimex Mostostal Capital Group (the „Capital Group”) for Q1 20
Slide 26: Selected Financial Data for IQ 2019 in MLN PLN
Selected Financial Data for IQ 2019 in MLN PLN Polimex-Mostostal S.A. in mln PLN IQ 2018 IQ 2019 OPERATING INCOME 96 114 OPERATING PROFIT -2 2 EBITDA -1 4 GROSS INCOME 10 -14 NET INCOME 9 -12 NOTES ▪ The operating income of Polimex-Mostostal S.A. (the „Company”) for Q1 2019 is PLN 114 mln, which is
Slide 27: Segments of the Capital Group in IQ of 2019 (in MLN PLN)
Segments of the Capital Group in IQ of 2019 (in MLN PLN) Oil, Gas, Industrial Infrastructure Other in mln PLN Power* Production Exclusions Total Chemicals Construction Construction Activities SALES TO EXTERNAL CUSTOMERS EXCLUDING SALES REVENUE BETWEEN THE SECTORS 140 169 36 5 0 3 353 TOTAL INCOME PE
Slide 28: Revenues IQ of 2019 (in million PLN)
Polimex Mostostal Capital Group Revenues IQ of 2019 (in million PLN) 2% 0% 1% 1% 0% 0% POWER SECTOR 13% 10% PRODUCTION 37% OIL, GAS, CHEMICALS 40% INDUSTRY IQ 2018 IQ 2019 INDUSTIAL CONSTRUCTION INFASTRUCTURE 48% 48% OTHER ACTIVITIES 166 169 140 128 IQ 2018 IQ 2019 46 36 7 5 3 0 0 1 Energetyka POWER
Slide 29: Order Book (in billion PLN)
Polimex Mostostal Capital Group Order Book (in billion PLN) 2,5 ** 1,5 1,2 0,5 Sptember 2018 December 2018 March 2019 Order book as of the end of March 2019 (in mln PLN) Power sector*/ ** Oil, Gas and Chemicals Production Others 1 911 346 188 13 * Including strategic projects ** including (contract
Slide 30: MAY 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN
MAY 2019 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 29
Slide 31: Detailed Financial Data for IQ 2019 in MLN PLN
Detailed Financial Data for IQ 2019 in MLN PLN Polimex Mostostal Capital Group In mln PLN IQ 2018 r. IQ 2019 r. OPERATING REVENUE 348,3 352,9 OWN SALES COSTS -321,7 -341,2 GROSS SALES PROFITS 26,6 11,7 SALES COSTS -6,9 -5,5 GENERAL MANAGEMENT COSTS -18,1 -18,6 PROFITS 0,9 -2,3 OTHER OPERATING REVENU
Slide 32: Detailed Financial Data for IQ 2019 in MLN PLN
Detailed Financial Data for IQ 2019 in MLN PLN Polimex-Mostostal S.A. in mln PLN IQ 2018 r. IQ 2019 r. OPERATING REVENUE 95,6 113,7 OWN SALES COSTS -92,3 -103,5 GROSS SALES PROFITS 3,3 10,2 SALES COSTS 0,0 0,0 GENERAL MANAGEMENT COSTS -8,9 -9,5 PROFITS 0,7 0,6 OTHER OPERATING REVENUES 3,2 1,4 OTHER
Slide 33: Summary – The Goals of the Capital Group for 2019
SUMMARY – THE GOALS OF THE CAPITAL GROUP FOR 2019 MAY 2019 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 32
Slide 34: The Goals of the Capital Group for 2019
The Goals of the Capital Group for 2019 ▪ Implementation of the initiatives from the Development Plan of Polimex Mostostal Capital Group. ▪ Further expansion abroad – establishing special purpose vehicles (Germany, Benelux), acquiring new Clients on the Scandinavian markets. ▪ Timely completion of t
Slide 35: Legal Disclaimer
Polimex Mostostal Capital Group – Legal Disclaimer This material is not part of, nor should be considered an offer or an incentive to purchase the securities of "Polimex–Mostostal" S.A. (the "Company"). The material should not constitute, in whole or in part, any grounds for, nor should it be referr
Slide 36: Kontakt
KONTAKT „Polimex-Mostostal” S.A. al. Jana Pawła II 12 00-124 Warszawa Tel. +48 22 829 71 00 www.polimex-mostostal.pl MAY 2019 WWW.POLIMEX-MOSTOSTAL.PL/EN 35