Slide 1: 2020-2023 Business Plan guidelines
Stringing Energy Automation TESMEC Railway Trencher 2020-2023 Business Plan guidelines 3 September 2020 www.tesmec.com
Slide 2: Today's speakers / Management team
Today’s speakers / Management team AMBROGIO CACCIA DOMINIONI President & CEO PAOLO MOSCONI General Manager MARCO PAREDI CFO & IR CARLO CACCIA DOMINIONI Energy BU Director 3 September 2020 2
Slide 3: Index
Index > 2020-2023 Business Plan guidelines > Rights issue 3 September 2020 3
Slide 4: Tesmec: a history of growth in technologies
Tesmec: a history of growth in technologies 2010 2010-2019 2020-2023 IPO Investment & Diversification Next development - Historical businesses: - Strategic M&A in the Rail, Energy - Increase recurring Stringing and Trencher Automation and Rental business revenues - Integration of know how & - Focus
Slide 5: Green and digital technology trends drive market opportunities
Market scenario GREEN AND DIGITAL TECHNOLOGY TRENDS DRIVE MARKET OPPORTUNITIES MARKET Energy & Construction Telecom & Fiber Surface mining Rail Pipeline Renewables and utilities* • Increase in • Environmental • Growing attention • Push on • Demographic • Oil and natural internet users issues and gre
Slide 6: Corporate strategy
Corporate strategy Consolidate the position as solution provider in order to gain market shares and to increase Vision the profitability and the cash flows generated by the business 1 2 3 4 Focus on existing Solution provider and Increase recurring Efficient and effective business system integrator
Slide 7: Trencher business strategy
Trencher business strategy EQUIPMENT SUPPLIER FULL-SERVICE PROVIDER INTEGRATED VALUE CHAIN Design & production of trenchers able Digital and connected systems Fiber installation & automatic laying of to work under extreme conditions >> Complete package of business >> energy cables with Clean&Fast so
Slide 8: Rail business strategy
Rail business strategy EQUIPMENT SUPPLIER TECHNOLOGICAL PROVIDER SYSTEM INTEGRATOR with TECHNOLOGICAL PARTNERSHIPS Design & production of railway >> Certified & connected rail vehicles & >> solutions keeping the core services for electrification & Solutions for unmanned diagnostic competence in the
Slide 9: Stringing business strategy
Stringing business strategy COMPLETE TRADITIONAL OFFER NEW DIGITAL CONCEPT GREEN APPROACH & NEW METHODOLOGIES A complete package for the stringing A new range of digital operations >> machines for a safe & faster >> New machines range full electric jobsite New methodologies for reconductoring Enter
Slide 10: Energy Automation business strategy
Energy Automation business strategy COMPLEMENTARY SOLUTIONS EQUIPMENT SUPPLIER SYSTEM INTEGRATOR Design & production of HV solutions Complete portfolio of HV and MV From the development of new products to to strengthen the core competence >> solutions with solid technical >> the management of comple
Slide 11: 2020-2023 Business Plan guidelines
2020-2023 Business Plan guidelines 2019pf 2020pf post COVID 2023 >> Growth in each business line TURNOVER 199.6 M€ ~ 170 M€ 275 ~ 290 M€ >> Significant performance of the Energy Automation segment; Stringing segment back to historical cagr19-23: 8.5%~10.0% performances >> Focus on recurring revenues
Slide 12: Evolution of revenue mix
Evolution of revenue mix 2019pf 2023 CAGR19-23: 8.5%~10.0% Revenues Revenues Trencher - Sales Energy&Rail Trencher - Sales Energy&Rail Trencher - Recurring Trencher - Recurring BACKLOG as at 31 August 2020: 220 M€ + 50 M€ (provisional award of RFI tender in railways business) 3 September 2020 12
Slide 13: Agenda
Agenda > 2020-2023 Business Plan guidelines > Rights issue 3 September 2020 13
Slide 14: Rights issue
Rights issue The Board of Directors resolved that the amount of the share capital increase will be equal to a maximum of 35 M€ MAIN TARGETS >> strengthen the financial structure >> financing special business initiatives with significant growth in volumes & margins STRINGING Strengthening of the Grou
Slide 15: Notes
Notes The pro-forma results were prepared for illustrative purposes only, and were obtained by making appropriate pro-forma adjustments to the historical data to retroactively highlight the effects of the 4Service Group's transaction, as if this transaction had occurred on 1st January 2020, instead
Slide 16: www.tesmec.com
TESMEC www.tesmec.com