Slide 1: Presentation of the results for the third quarter of 2016
Presentation of the results for the third quarter of 2016 December 2, 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 third quarters of 2016
The most important events of the third quarters of 2016 The investment program in implementation Financial results for the third quarter of 2016 Directions of sales development Strategy Summary 3
Slide 4: The most important events of the third quarters of 2016
The most important events of the third quarters of 2016 Financial results for the third quarter of 2016 lower than in the same period last year mainly due to the shift of the period of awarding EU funding from ARiMR. The high portfolio of potential orders allows us to look optimistically at the
Slide 5: The investment program in implementation
The most important events of the third quarters of 2016 The investment program in implementation Financial results for the third quarter of 2016 Directions of sales development Strategy Summary 5
Slide 6: Investments in progress - Program 2016-2018
Investments in progress - Program 2016-2018 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 2016-2018
Investments in progress - Program 2016-2018 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 Other works R&D mln PLN planned 3,0 expenditures 3
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 third quarter of 2016
The most important events of the third quarters of 2016 The investment program in implementation Financial results for the third quarter of 2016 Directions of sales development Strategy Summary 10
Slide 11: Sales of revenues
Sales of revenues (thous. PLN) The decrease in sales revenues was 100 000 94 378 mainly due to the shift in the period of granting EU subsidies from the Agency for Restructuring and 80 000 64,1% Modernization of Agriculture to key clients of the Company. 60 000 40 000 33 913 20 000 0 III quarters 20
Slide 12: The revenue structure by sales directions
The revenue structure by sales directions Geographical structure of revenues (mln PLN) thous. zł III quarters 2016 III quarters 2015 change (thous. zł) change (%) Poland 25 275 79 270 - 53 995 - 68,1% Export 8 638 15 108 - 6 470 - 42,8% Total 33 913 94 378 - 60 465 - 64,1% Source: Consolidated quart
Slide 13: Basic financial results for the third quarter of 2016
Basic financial results for the third quarter of 2016 III quarters III quarters change (thous. zł) change (%) 2016 2015 thous. PLN 33 913 94 378 - 60 465 - 64,1 % Sales revenues 3 384 17 449 - 14 065 - 80,6 % Gross profit from sales 10,0% 18,5% - - Gross margin on sales 5 238 14 876 - 9 639 - 64,8 %
Slide 14: Balance sheet structure as of September 30, 2016
Balance sheet structure as of September 30, 2016 Assets Liabilities Main items: Main items: Commitment Short-term liabilities due Financial stocks – 39,4 mln Rotary to deliveries and 58,3 mln 61,6 mln PLN Receivables– 10,4 mln service– 8,7 mln Cash flow – 7,3 mln PLN (37,7%) Long-term loan
Slide 15: Directions of sales development
The most important events of the third quarters of 2016 The investment program in implementation Financial results for the third 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 24 contracts with a delivery deadline of 2016/2017 with a value of approximate
Slide 17: Strategy
The most important events of the third quarters of 2016 The investment program in implementation Financial results for the third 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 third quarters of 2016 The investment program in implementation Financial results for the third quarter of 2016 Directions of sales development Strategy Summary 19
Slide 20: FEERUM after III quarters of 2016
FEERUM after III quarters of 2016 High potential portfolio for the period 2017/2018 Significant production Prestigious awards potential of the company. confirming the High readiness and efficiency innovation of the of operations business. Innovative products on the Received EU global scale in the Co
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