Keppel Ltd. · SGX:BN4
Keppel — Investor Presentation (June 2024)
9 slides from Keppel's investor presentation, June 2024
Slide 1: Presentation to Investors June 2024
Presentation to Investors June 2024
Slide 2: Transformed for growth
Transformed for growth Delivered on strategy with strong shareholder returns. 2023: One of the most transformational years in Keppel’s history Total shareholder return Embarked on Exceeded asset Announced major transformation monetisation target highest profit Keppel: Shed conglomerate structure and
Slide 3: Transforming earnings with more recurring income
Transforming earnings with more recurring income 54% Recurring income Recurring income growth in recurring income yoy, by sources by segments reflecting Keppel’s strategy, and our $773m shift away from lumpy EPC and $773m development profits 114 $503m $503m 88% 687 92 44 696 412 of net profit from c
Slide 4: Driving capital-efficient growth through asset-light model
Driving capital-efficient growth through asset-light model Focused on achieving $10-$12b in asset monetisation by end-2026 Asset monetisation announced since Oct 2020 >$5.5b Includes ~$170m in YTD 2024, mainly from the proposed divestment of a residential project in Wuxi, Chinai Cash payment receive
Slide 5: Fueling organic growth through flagship funds
Fueling organic growth through flagship funds Presently, we have 19 active private funds and plan to launch 3 new funds for data centres, education assets and private credit in 2024. Assets and M&A >$14b deals being pursued Keppel Core Infrastructure Infrastructure Fund Fund Series continues to rece
Slide 6: Accelerating growth: Completed acquisition of leading European asset manager Aermont
Accelerating growth: Completed acquisition of leading European asset manager Aermont Immediate, significant foothold in Accelerating FUMi growth Europe Expands asset mgmt capabilities beyond $60b $200b Asia Pacific, bolstering Keppel’s presence Potential to further grow and value proposition to glob
Slide 7: Strong interest in Keppel's real assets
Strong interest in Keppel’s real assets Increase in fundraising and dealmaking activities expected as inflation eases and interest rates stabilise in 2024. Infrastructure Real estate Connectivity Keppel Sakra Cogen Plant Keppel South Central DataPark+ • Global energy transition and • Pressing need t
Slide 8: Conclusion
Conclusion • Harnessed Keppel’s deep industrial roots to transform the Company into a global asset manager and operator • Providing unparalleled value proposition to investors with our strong investment track record, operating capabilities and domain knowledge • Investors also find Keppel’s active v
Slide 9: Disclaimer
Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. THIS PRESENTATION SHALL NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL, SUBSCR