Hera S.p.a. · MIL:HER
Hera — Investor Day (February 2005)
13 slides from Hera's investor day presentation, Feb 23, 2005
Slide 1: Investor Day 2005 - Introduction to the Investor Day
INVESTOR DAY 2005 Bologna - February 23rd, 2005 Introduction to the Investor Day Tomaso Tommasi di Vignano (Chairman) Stefano Aldrovandi (C.E.O.) Hera Group:
Slide 2: Index
Section 1: Overview on Hera main plan assumptions and recent developments Aim of the Investor Day 5 Last 6 months achievements 7 Conclusions 8 Section 2: Overview “on top of Plan” initiatives Activities performed in the last 6 month 10 New initiatives in regulated and un-regulated businesses 11 Conc
Slide 3: Section 1: Overview on Hera main plan assumptions and recent developments
Section 1: Overview on Hera main plan assumptions and recent developments Chairman: T. Tommasi di Vignano Hera Group: 3
Slide 4: Aim of the Investor Day
Hera has organised this Investor Day in order to: Offer an opportunity to gather a deeper insight into Hera business: by giving disclosure on management recent activities that give a higher visibility on plan targets and on the strategic focus of Hera 6 months activities to disclose other developmen
Slide 5: Hera strategy
Hera adopted since establishment a strategy based on 4 main guidance: 1. Top Line Growth of core business by exploiting cross selling opportunities, widening customer base and increasing main businesses through sector integration and upstream integration 2. Profitability increase exploiting synergy
Slide 6: Last 6 months achievements - Growth potentials
The last 6 months activity has mainly been focused on the opportunities to secure the business plan targets: GROWTH POTENTIALS 9 Agea merger and spin-off into a new L.O.C. Change Change Realization and completion of the acquisition of 100% stake of perimeter perimeter C.E. of Ravenna Finalisation of
Slide 7: Last 6 months achievements - Synergy exploitation
The last 6 months activity has mainly been focused on the opportunities to secure the business plan targets: SYNERGY EXPLOITATION Implementation of effective actions to exploit synergies 9 Synergy Synergy Cost cutting (personnel and services) Organizational structuring (SAP implementation, internal
Slide 8: Conclusions
Hera has up to date a better visibility on 2007 planned targets: Main strategic targets have been pursued maintaining a “sustainable development” and confirming Hera low risk profile (recently certified by S&P with an “A+” long term rating) Management efforts are currently focused on year end financ
Slide 9: Section 2: Overview on top of Plan initiatives
Section 2: Overview “on top of Plan” initiatives CEO: Stefano Aldrovandi Hera Group: 9
Slide 10: Hera last 6 month news flow
The last 6 months activity has mainly been focused on the opportunities to secure the business plan targets and also to catch new opportunities Hera news flow of the last 6 month highlight some opportunities pursued because in line with the strategic guidance. Hera last 6 month news flow Partnership
Slide 11: New strategic opportunities in regulated and un-regulated businesses
New strategic opportunities are pursued both in the regulated and in the un-regulated businesses Hera aims to exploit improvement opportunities deriving from changes in regulatory framework. Eni gas release: Further import of 200 mln mc/year gas permit to Done Done develop in gas procurement sources
Slide 12: Pro-active approach to defend and better market positions
New strategic opportunities are pursued both in the regulated and in the un-regulated businesses Hera is improving a pro-active approach to defend and better market positions through multiservices proposals Gas: positive defend against Enel Gas competition (Dual Fuel policy and customer care) acquis
Slide 13: Conclusions
In the last 6 month new opportunities to pursue effectively Hera strategic plans has been engaging the Group The targets of management action are always the same: 1. Strengthening market position (“Top line Growth”) 2. Exploiting higher return opportunities (“synergy exploitation and capital discipl