7c Solarparken Ag · XETR:HRPK
7c Solarparken — H1 2017 Earnings Presentation
9 slides from 7c Solarparken's earnings presentation, Sep 27, 2017
Slide 1: H1 2017 Results Analyst Call
H1 2017 Results ANALYST CALL 27 September, 2017 1
Slide 2: Strong performance continued during H1'17
REVIEW H1 2017 CAPACITY OPERATIONAL FINANCIALS WHAT’S NEXT STRONG PERFORMANCE CONTINUED DURING H1’17 Capacity increased from 100 MWp to 107 MWp Increase in clean EBITDA by 23% mainly driven by higher generation output Further improvement of balance sheet: equity ratio rose to 28% Re-financing of the
Slide 3: Capacity growth in H1'17 (incl. assets under construction)
REVIEW H1 2017 CAPACITY OPERATIONAL FINANCIALS WHAT’S NEXT CAPACITY GROWTH IN H1’17 (INCL. ASSETS UNDER CONSTRUCTION) GROSSFURRA 0,7 0,7 107,3 1,2 4,1 100,5 GRAFENTRAUBACH III NETTGAU Installed capacity grew further towards 107 MWp 3
Slide 4: Production data
REVIEW H1 2017 CAPACITY OPERATIONAL FINANCIALS WHAT’S NEXT PRODUCTION DATA H1 2017 H1 2016 % GWh 57 42 33% kWh/kWp 547 492 11% Weighted MWp 103 86 20% Our portfolio generated 33% more output versus H1’16 thanks to increased capacity (+20%) and a higher specific yield (+11%) Our specific yield be
Slide 5: Group P&L (IFRS)
REVIEW H1 2017 CAPACITY OPERATIONAL FINANCIALS WHAT’S NEXT GROUP P&L (IFRS) In Mio EUR H1 2017 H1 2016 Comment Revenues 18,1 15,2 Driven by higher production EBITDA 16,8 13,4 Includes numerous one-tim effects (see: clean EBITDA) D&A -8,6 -7,7 Reflects higher asset base Impairment EBIT 8,3 5,6 Financ
Slide 6: Clean EBITDA and cash flow per share
REVIEW H1 2017 CAPACITY OPERATIONAL FINANCIALS WHAT’S NEXT CLEAN EBITDA AND CASH FLOW PER SHARE In Mio EUR H1 2017 H1 2016 Comment EBITDA 16,8 13,4 Transaction & restructuring expenses 0,1 0,1 Compensation for damage -0,7 -0,0 In the context of OPTIM 2.0 Gain from sale of assets -0,1 Gain on bargain
Slide 7: Group balance sheet (IFRS)
REVIEW H1 2017 CAPACITY OPERATIONAL FINANCIALS WHAT’S NEXT GROUP BALANCE SHEET (IFRS) In Mio EUR 30/06/2017 31/12/2016 Comment ASSETS 287,6 285,1 Land & Property 7,8 7,9 PV Estate (sold off a small unit in H1’17) Solarparks 231,4 233,9 Solar installations incl under construction Financial investment
Slide 8: Strategic agenda on course
REVIEW H1 2017 CAPACITY OPERATIONAL FINANCIALS WHAT’S NEXT STRATEGIC AGENDA ON COURSE PILLARS OF THE PLAN 2016-18 STATUS Capacity growth to 115 MWp at year-end 2017 On track (113 MWp including projects under construction) Optim 2.0 + EUR 0,4 Mio EBITDA p.a. Almost 90% is completed Strategic deal tha
Slide 9: 7C Solarparken AG
7C SOLARPARKEN AG An der Feuerwache 15, 95445 Bayreuth IR Contact: Steven De Proost, CEO info@solarparken.com www.solarparken.com 9