Atlas Arteria · ASX:ALX
Atlas Arteria — Macquarie Australia Conference 2024
14 slides from Atlas Arteria's conference presentation, May 8, 2024
Slide 1: Macquarie Australia Conference 2024
MACQUARIE AUSTRALIA CONFERENCE 2024 8 May 2024 Atlas Arteria → Results Presentation for the six months ending 30 June 2022 → 1 NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
Slide 2: Important Information
Important Information Disclaimer Forward Looking Statements Basis of Preparation The information in this presentation is given in good faith and This presentation may contain forward-looking statements All financial results are presented in Australian dollars unless derived from sources believed to
Slide 3: Important Information: U.S. Ownership Restrictions
Important Information U.S. Ownership Restrictions Investors should note that neither of the Atlas Arteria entities To monitor compliance with these foreign ownership has been, or will be, registered under the U.S. Investment restrictions, the ASX’s settlement facility operator (“ASTC”) has Company A
Slide 4: Who is Atlas Arteria
WHO IS ATLAS ARTERIA A global owner and operator of toll roads focused on value creation, cash flow and distributions Our purpose is to benefit the communities in which we operate through reduced travel time, greater time certainty, reduced fuel consumption and carbon emissions and to provide an enj
Slide 5: The Atlas Arteria Business
THE ATLAS ARTERIA BUSINESS Ownership: 31.14% APRR 2,316km motorway network in Eastern France Virginia, United States 2035 concession Ownership: expiry1 31.14% Dulles Greenway Luxembourg APRR 2,404km motorway network in Eastern France United States HQ European HQ GROUP 2035 concession expiry1 Rostock
Slide 6: Business Strategy – Refined Strategic Priorities
BUSINESS STRATEGY – REFINED STRATEGIC PRIORITIES Non-associated growth opportunities are not being considered Business optimisation • Optimising business activities across operations, maintenance, toll management and revenue recovery • Innovation to enhance efficiency and lower costs Associated grow
Slide 7: Distributions Overview
DISTRIBUTIONS OVERVIEW Short term distributions continue to be supported by capital releases from the 2023 Chicago Skyway regearing Subsequent distributions will be funded by operating business cash flows only and will not be supported by capital releases Approach to distributions Distribution guida
Slide 8: Q1 2024 Traffic Performance
Q1 2024 TRAFFIC PERFORMANCE Weighted average traffic for Q1 2024 was 0.7% lower than Q1 2023, while weighted average toll revenue was up 2.9% APRR Group traffic1 – Q1 2024 0.7% lower than Q1 2023 Warnow Tunnel traffic – Q1 2024 0.7% higher than Q1 2023 Heavy vehicle VKT Light vehicle VKT Traffic Tol
Slide 9: APRR Group Operational Update
APRR GROUP OPERATIONAL UPDATE Focused on challenging the new French transportation tax and outlook for future concessions Two-step approach to fighting the new French tax Outlook for future concessions • In December 2023, the French Government enacted a new tax (TEILD) • It has previously been ackno
Slide 10: North America Operational Update
NORTH AMERICA OPERATIONAL UPDATE Amanda Baxter will join Atlas Arteria on 20 May as Group Executive North America and Corporate Development Amanda has deep experience in the North American toll road market joining us from a senior role with Transurban and having previously worked for the Virginia De
Slide 11: Chicago Skyway Transition 12-Month Plan Complete
CHICAGO SKYWAY TRANSITION 12-MONTH PLAN COMPLETE Will deliver long-term cost savings and enhancements to asset quality as well as capital efficiency 2023 achievements – delivering on acquistions strategy 2024 progress – key workstreams on track Asset Management Capital Operational Safety & Optimisin
Slide 12: Dulles Greenway Operational Update
DULLES GREENWAY OPERATIONAL UPDATE Atlas Arteria is advocating for the Greenway to move to distance-based tolling, which is in the best interests of its customers and would put the business on a more sustainable financial path Approach to legislative change in Virginia Key people engaged in both pro
Slide 13: The Atlas Arteria Value Proposition
THE ATLAS ARTERIA VALUE PROPOSITION Mature, established Geographically diverse, High-quality brownfield global toll road business cash generative business of scale asset base A unique investment opportunity Positively leveraged to Attractive distribution High EBITDA margins, inflation yield limited
Slide 14: Thank You Q&A
THANK YOU Q&A Contact for investors Chloe Heazlewood Acting Director, Investor Relations +61 (0) 438 493 692 investors@atlasarteria.com Atlas Arteria → 2024 Macquarie Australia Conference → 14