Feerum S.a. · GPW:FEE
Feerum — H1 2020 Earnings Presentation
28 slides from Feerum's earnings presentation, Sep 30, 2020
Slide 1: Presentation of results for the first half of 2020
Presentation of results for the first half of 2020 September 30, 2020
Slide 2: The most important events of the first half of 2020
The most important events of the first half of 2020 The most important events of the first half of 2020 Financial results for the first half of 2020 FEERUM in Ukraine Tanzania project Strategy Summary 2
Slide 3: The most important events of the first half of 2020
The most important events of the first half of 2020 ✓ In the first half of 2020, the Group maintained sales revenues at a very satisfactory level and, despite the difficult situation caused by the SARS- CoV-2 pandemic, continued the assumptions of the strategy of strengthening FEERUM's position on i
Slide 4: Financial results for the first half of 2020
Financial results for the first half of 2020 The most important events of the first half of 2020 Financial results for the first half of 2020 FEERUM in Ukraine Tanzania project Strategy Summary 4
Slide 5: Sales revenues (thous. PLN)
Sales revenues (thous. PLN) 5 I half of 2020 73 651 sales revenues I half of 2019 89 002 sales revenues Results for the year 2019 – 242 874 thous. PLN Source: Consolidated semi-annual report for the period from January 1, 2020 to June 30 , 2020.
Slide 6: The Group's revenues in cross-section of geographical areas
6 The Group’s revenues in cross – section of geographical areas Country 01.01 -30.06.2020 01.01 -30.06.2019 Poland 18 221 20 275 Export 55 430 68 728 Ukraine 49 788 56 524 Tanzania 4 373 10 879 Lithuania 1 254 969 Other countries 15 356 Total 73 651 89 002 Source: Consolidated semi-annual report for
Slide 7: Foreign sales
7 Foreign sales I half of 2020 75,3% 24,7% domestic sales I half of 2019 77,2% 22,8% domestic sales Source: Consolidated semi-annual report for the period from January 1, 2020 to June 30 , 2020
Slide 8: Financial results for the first half of 2020
Finacial results for the first half of 2020 thous. PLN I half of 2020 I half of 2019 change in % Sales revenues 73 651 89 002 -17,2% Gross profit (loss) on sales 17 196 16 846 +2,1% Gross margin on sales 23,3% 18,9% +4,42 p.p. EBITDA 15 500 15 212 +1,9% Profitability EBITDA 21,0% 17,1% +3,95 p.p. Pr
Slide 9: The structure of the balance sheet as at June 30, 2020
The structure of the balance sheet as at June 30, 2020 9 Assets Liabilities 35,3% fixed 52,4% commitment Ak 64,7% rotary 47,6% equity capital 50% 50% Main items: Main items: 62% 62% 59,5 mln PLN financial stocks 47,0 mln PLN short terms liabilities due to deliveries and service 57,5 mln PLN receivab
Slide 10: FEERUM in Ukraine
FEERUM na Ukrainie The most important events of the first half of 2020 Financial results for the first half of 2020 FEERUM in Ukraine Tanzania project Strategy Summary 10
Slide 11: FEERUM in Ukraine
FEERUM in Ukraine
Slide 12: In the first half of 2020, we launched facilities with a total capacity of nearly 260 thous. m3
In the first half of 2020, we launched facilities with a total capacity of nearly 260 thous. m3 The total capacity of the facilities ordered by Epicentr K LLC is nearly 1 million tons
Slide 13: The potential of the Ukrainian market is huge - warehousing
The potential of the Ukrainian market is huge - warehousing requires 30-40 million tons of cereals. Epicentr K in 2015 - 2020 spent on investments related to, among others, grain storage over 350 mln $.
Slide 14: Comprehensive offer - a high-class product + financing
Comprehensive offer - a high-class product + financing FEERUM's offer, supported by financing under the "supplier's loan" scheme or a bank letter of credit (for smaller entities), fits perfectly with the needs of this market.
Slide 15: FEERUM dryers
FEERUM dryers FEERUM's offer, supported by financing under the "supplier's loan" scheme or a bank letter of credit (for smaller entities), fits perfectly with the needs of this market.
Slide 16: Online service and automatic facility control system
Online service and automatic facility control system We support our clients with employee training, after-sales and warranty service. This ensures long-term, reliable operation of the facilities.
Slide 17: Industry media appreciate our investments
17 Industry media appreciate our investments BRONZ KIDS 535 WOLF KIDS 535 Illustration Design Illustration Source: https://www.millermagazine.com/english/feerum-has-launched-another-facility-in-ukraine/.html / https://elevatorist.com/novosti/11056-feerum-zapustil-dlya-epitsentr-k-zernohranilische-na
Slide 18: Tanzania project
Tanzania project The most important events of the first half of 2020 Financial results for the first half of 2020 FEERUM in Ukraine Tanzania project Strategy Summary 18
Slide 19: FEERUM in Tanzania
FEERUM in Tanzania
Slide 20: Contract extension
Contract extension Long-term approval procedures on the part of Tanzanian institutions participating in the project implementation resulted in its extension until December 31, 2020.
Slide 21: The earth and foundation works are well advanced
The earth and foundation works are well advanced, the assembly of steel structures and the construction of additional infrastructure are in progress, including social and office buildings. 21 As originally planned, the works are carried out simultaneously in each of the five locations. Illustration
Slide 22: Strategy
Strategy The most important events of the first half of 2020 Financial results for the first half of 2020 FEERUM in Ukraine Tanzania project Strategy Summary 22
Slide 23: FEERUM strategy: Obtaining an important player position on the international arena
23 FEERUM strategy: Obtaining an important player position on the international arena Dynamic increase in the scale of operations Strenghtening sales network Investments in modern and design department technological solutions Sales to the Modern domestic market technologies and and foreign expansion
Slide 24: Food storage has a future!
Food storage has a future! The SARS-CoV-2 coronavirus pandemic, climate change and significant population growth in various parts of the world have caused a major revival in the construction of investments for safe food storage. We are strengthening our position on international markets, while not g
Slide 25: Summary
Summary The most important events of the first half of 2020 Financial results for the first half of 2020 FEERUM in Ukraine Tanzania project Strategy Summary 25
Slide 26: FEERUM – I half of the year 2020
26 FEERUM – I half of the year 2020 Significant production High contracted and potential potential of the company order book for 2020-2021; and high production Good market prospects efficiency. Innovative on a global scale The company's revenues are once products in the Company's offer; again very h
Slide 27: FEERUM S.A. contact details
FEERUM JSC. 6 Okrzei Street 59-225 Chojnów Polska +48 76 81 96 738 +48 76 81 88 485 sekretariat@feerum.pl www.feerum.pl
Slide 28: Reservation
Reservation 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 fully