Slide 1: Presentation of the results for the first quarter of 2016
Presentation of the results for the first quarter of 2016 May 24, 2016
Slide 2: Representatives
Representatives Daniel Janusz president of the Board Piotr Wielesik member of the Board 2
Slide 3: The most important events of the first quarter of 2016
The most important events of the first quarter of 2016 The investment program is underway Financial results for the first quarter of 2016 Directions of sales development Strategy Summary 3
Slide 4: The most important events of the first quarter of 2016
The most important events of the first quarter of 2016 Financial results in the first quarter of 2016 were lower than in the corresponding period of the previous year due to the shift of the period of awarding EU funding from ARiMR. The high portfolio of potential orders allows you to look optim
Slide 5: The investment program is underway
The most important events of the first quarter of 2016 The investment program is underway Financial results for the first quarter of 2016 Directions of sales development Strategy Summary 5
Slide 6: Investments in progress - Program 2016-2017
Investments in progress - Program 2016-2017 Advanced lightweight orthotropic constructions of steel coils of flat bottom silos Strengthening the production potential Research and development The subject of the project is to carry out advanced R & D works in order Expansion of the existing machinery
Slide 7: Investments in progress - Program 2016-2019
Investments in progress - Program 2016-2019 1 Research and development 2 Strengthening the production potential Orthotropic constructions of silos purchase of machinery and equipment Modernizacja hali modernization ofprodukcyjnej the production hall mln PLN planned 3,0 expenditures 3,0 6,0 expenditu
Slide 8: Production
Production A new layout of machines in connection with the expansion and modernization of the production plant Improving the production planning system - organizational changes 8
Slide 9: Purchasing department
Purchasing department Successfully implemented pneumatic powered Introduced butyl seals for screw connections, A "grain cooling aggregate" has been added devices for current production and offer ensure a establishing direct cooperation with producers. The to the offer - it is an innovative product o
Slide 10: Financial results for the first quarter of 2016
The most important events of the first quarter of 2016 The investment program is underway Financial results for the first quarter of 2016 Directions of sales development Strategy Summary 10
Slide 11: Sales revenues
Sales revenues (thous. PLN) The decline in the period of 18 000 granting EU subsidies from the 15 268 Agency for Restructuring and Modernization of Agriculture for 15 000 key clients of the Company was 26,6% affected by the drop in sales 11 202 revenues. 12 000 9 000 6 000 3 000 0 I quarter 2015 I q
Slide 12: The revenue structure by sales directions
The revenue structure by sales directions Geographical structure of revenues Przychody (mln PLN) thous.. zł I quarter 2016 I quarter 2015 change (thous. zł) change (%) Poland 10 717 14 898 - 4 181 - 28,1% Export 485 370 + 115 + 31,1% Total 11 202 15 268 - 4 066 - 26,6% Source: Consolidated quarterly
Slide 13: Basic financial results
Basic financial results in the first half of 2017 I quarter 2016 I quarter 2015 change (thous. zł) change (%) thous. PLN 11 202 15 268 - 4 066 - 26,6% Sales revenues 2 101 3 435 - 1 335 - 38,8% Gross profit from sales 18,8% 22,5% - - Gross margin on sales 2 976 3 196 - 220 - 6,9 % EBITDA 26,6% 20,9%
Slide 14: Balance sheet structure as at March 31, 2016
Balance sheet structure as at March 31, 2016. Assets Liabilities Main items: Main items: Rotary Commitment Short-term liabilities due to Financial stocks – 39,6 mln 57,0 mln deliveries and service – 8,9 mln 62,0 mln PLN Receivables– 14,1 mln PLN (37,4%) Long-term loan – 15,7 Cash flow – 2,
Slide 15: Directions of sales development
The most important events of the first quarter of 2016 The investment program is underway Financial results for the first quarter of 2016 Directions of sales development Strategy Summary 15
Slide 16: Assessment of the current situation in the most important markets
Assessment of the current situation in the most important markets The company is observing a further increase in the demand for elevators both on the domestic and foreign markets, The current order portfolio includes 21 contracts with a delivery date in 2016 with a value over Revenues of PLN 18
Slide 17: Strategy
The most important events of the first quarter of 2016 The investment program is underway Financial results for the first quarter of 2016 Directions of sales development Strategy Summary 17
Slide 18: Strategy
Strategy Obtaining an important player position on the international arena Dynamic increase in the scale of operations Modern technologies and Sales on the domestic and expansion of the foreign market production base Strengthening Intensification of Investments in Expansion of the sales network and
Slide 19: Summary
The most important events of the first quarter of 2016 The investment program is underway Financial results for the first quarter of 2016 Directions of sales development Strategy Summary 19
Slide 20: FEERUM after I quarter of 2016
FEERUM after I quarter of 2016 High portfolio of potential orders for 2016/2017. Significant production Prestigious awards potential of the confirming the company. innovation of the High efficiency of business. operations. Innovative products on the EU subsidies received global scale in the Company'
Slide 21: Thank you for your attention
Thank you for your attention 6 Okrzei Street 59-225 Chojnów www.feerum.pl 21
Slide 22: Legal disclaimer
Legal disclaimer This study has been prepared solely for information purposes. It does not constitute advertising or offering securities in public trading. The study uses information sources that FEERUM S.A. considers it credible and accurate, but there is no guarantee that it is comprehensive and f