Koninklijke Bam Groep Nv · EURONEXT:BAMNB
Koninklijke Bam Groep Nv — Royal BAM Group — Investor Day (March 2024)
24 slides from Koninklijke Bam Groep Nv's investor day presentation, Mar 28, 2024
Slide 1: BAM Strategy Insights
BAM Strategy Insights Royal BAM Group nv Utrecht, the Netherlands, 28 March 2024 Langeveld Building, Rotterdam
Slide 2: Disclaimer
Disclaimer • This presentation contains ‘forward-looking statements’, based on currently available plans and forecasts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future, and B
Slide 3: internal use only
3 internal use only
Slide 4: Executive Committee
Executive Committee Agenda topics Walk-in Welcome by Ruud Joosten Strategy 2024-2026 Focus, Transform, Expand and People Financials and Sustainability Ruud Joosten Frans den Houter Sabine van Hooijdonk Q&A CEO CFO CHRO Break Tour Homestudios Drinks John Wilkinson Joost Nelis BAM Strategy Insights 28
Slide 5: Homestudios helps residents to make their house a home
Homestudios helps residents to make their house a home • 5,000 m2 experience centre • 11 homes for inspiration • 3D studio • 50 specialists BAM Strategy Insights 28 March 2024 5
Slide 6: All strategic targets set for 2023 realised
All strategic targets set for 2023 realised Key performance indicators 2021 2022 2023 Target 2023 Adjusted EBITDA margin 3.8% 4.5% 1 4.9% Approx. 5% Revenue €7.3 bn €6.6bn €6.3bn Approx. €5.5bn Return on average capital employed 5.6% 16.8% 13.7% >10% Trade working capital efficiency -16.9% -15.8% -1
Slide 7: BAM is ready for the next phase in Building a sustainable tomorrow
BAM is ready for the next phase in Building a sustainable tomorrow 7
Slide 8: Building a sustainable tomorrow: Strategy 2024-2026
Building a Focus sustainable Focus on selected markets with favourable risk- reward profile and sustainable impact tomorrow Transform Strategy 2024-2026 Transform in markets through differentiation on sustainable and industrialised products and services Expand Expand in growth markets that are align
Slide 9: Division United Kingdom and Ireland
Division United Kingdom and Ireland 2023: revenue €3.1 billion, adjusted EBITDA €122 million (3.9%) Revenue per segment (in € million) 463 Order book and market trends 1046 323 • Solid order book of €4.5 billion Construction UK Civil engineering UK Ventures 1363 • Construction UK: stable volumes, fo
Slide 10: Focus
Focus Adjust foto Differentiate on process capability Focus on framework agreements Focus on <€150m infrastructure Focus on selective multi-assets in economic core projects clients UK&I and NL Non-residential NL Non-residential and infrastructure UK&I Infrastructure NL Non-residential NL Zalmhaven,
Slide 11: Strategy division United Kingdom and Ireland
Strategy division United Kingdom and Ireland Strategy United Kingdom and Ireland consists of selectivity, key client approach, enhanced (value chain) capability, standardised designs and expansion in energy Non-residential UK Infrastructure UK Ireland Focus to improve Focus on relationships with top
Slide 12: Division Netherlands
Division Netherlands 2023: revenue €3.0 billion, adjusted EBITDA €179 million (6.0%) Revenue per segment (in € million) Order book and market trends 964 • Strong order book of €4.9 billion Construction and property 2072 Civil engineering • Residential: strong demand for sustainable and affordable El
Slide 13: Transform
Transform Industrialise housing through Transform education and health Innovate roads through sustainable Unlock advantages through cross Flow concept through standardised designs asphalt segment collaboration Residential NL Non-residential UK&I Infrastructure NL Non-residential UK&I BAM Wood Concep
Slide 14: Strategy division Netherlands
Strategy division Netherlands Strategy division Netherlands: leading in construction and civil through sustainability, industrialisation and digitalisation Residential Non-residential Infra Focus civil on <€150m Focus to protect Focus on (cost)efficiency projects with increased profitability Differe
Slide 15: Expand
Expand Adjust picture and/or project for best visual Expand in grids and EV charging Expand in green infra rail and grids Expand in housing renovations Expand in commercial renovation and retrofitting Infrastructure NL Infrastructure UK&I Residential NL Non-residential UK&I Transformation station Wi
Slide 16: Financial targets 2024-2026
Financial targets 2024-2026 BAM aims to deliver: • Predictable performance on >€6 billion revenue • Strong capital ratio: ~25 per cent • Adjusted EBITDA margin: 4-6 per cent • Return to shareholders: 30-50 per cent of net income from operations for dividend, potentially additional cash returns via s
Slide 17: Sustainability targets 2026/2030
Sustainability targets 2026/2030 BAM Strategy Insights 28 March 2024 17
Slide 18: People
People BAM Strategy Insights 28 March 2024 18
Slide 19: The BAM Experience
The BAM Experience BAM Strategy Insights 28 March 2024 19
Slide 20: The BAM Experience
The BAM Experience Guided by Values, United by Embracing Diversity & Sustainable Career Building Our Communities Culture Fostering Inclusion Development What if we could build a company What if our workplace was as diverse What if our people could thrive and What if BAM could extend its culture root
Slide 21: Building a sustainable tomorrow: 2024-2026 and beyond
Building a sustainable tomorrow 2024-2026 and beyond Revenue development BAM in 2030 Leading construction company in selected Rail markets that are Renovation sustainable and profitable Green asphalt Grids and EV Driven by high performance organisation with highly Biobased Residential engaged people
Slide 22: Investment proposition
Investment proposition Building a sustainable • Focus on selected markets with favourable risk-reward profile and sustainable impact tomorrow • Transform in markets through differentiation on sustainable and industrialised products and services Strategy 2024-2026 • Expand in growth markets that are
Slide 23: Contact
Contact Michel Aupers (Investor Relations) Runnenburg 9 PO Box 20 +31 (0)30 659 89 88 3981 AZ Bunnik 3980 CA Bunnik ir@bam.com The Netherlands The Netherlands www.bam.com BAM Strategy Insights 28 March 2024 23
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