Grupo Empresarial San Jose, S.a. · BME:GSJ
Grupo Empresarial San Jose — Shareholder Meeting (June 2019)
31 slides from Grupo Empresarial San Jose's shareholder meeting presentation, June 2019
Slide 1: Annual General Meeting 2019
Strech Vilaboa - A Ermida of the future Highway A-57, Pontevedra Mamsha Al Saadiyat Residential Complex, Abu Dhabi (United Arab Emirates) ANNUAL GENERAL MEETING 2019 Wind Farms for Enel Green Power in Teruel (176,4MW)
Slide 2: Agenda
01 Economic Environment 02 Global Group 03 Business Lines of Activity 04 Economic-Financial Information 05 Corporate Social Responsibility ANNUAL GENERAL MEETING 2019 2
Slide 3: Economic Environment
01 Economic Environment 02 Global Group 03 Business Lines of Activity 04 Economic-Financial Information 05 Corporate Social Responsibility ANNUAL GENERAL MEETING 2019 3
Slide 4: Main accomplishments
ECONOMIC ENVIRONMENT Main accomplishments The world GDP growth during 2018 was 3.7%, what meant a slight weakening compared to the growth of the previous year. Some of the most outstanding events that have characterised year 2018 have been: Increased trade tensions between the US and China. Increase
Slide 5: Main macroeconomic data
ECONOMIC ENVIRONMENT Main macroeconomic data The GDP growth (%) in 2018, as well as the estimate for 2019 and 2020, according to the data collected in the latest WEO economic report published by the IMF, for those countries where Grupo SANJOSE currently maintains a recurring and continuous activity
Slide 6: Main Macroeconomic Data - Spain
ECONOMIC ENVIRONMENT Main Macroeconomic Data - Spain Evolution by sub-sectors within the Spanish market Production index at constan prices, 2014=100 basis GDP will grow 2.4% in 2019 and 2.1% in Forecast 2020. Residential According to estimates, the unemploy- ment rate will stand at 13.8% and 12.6% f
Slide 7: Global Group
01 Economic Environment 02 Global Group 03 Business Lines of Activity 04 Economic-Financial Information 05 Corporate Social Responsibility ANNUAL GENERAL MEETING 2019 7
Slide 8: Business Lines
GLOBAL GROUP Business Lineas BUILDING | CIVIL WORKS | ENGINEERING & INDUSTRIAL CONSTRUCTION ENERGY EFFICIENCY AND RENEWABLE ENERGY Health Care Developer and contractor that: Culture, Sports & Education Hotels - Boosts clean energy Offices - Respects the Environment. Shopping Centres - Commits to sus
Slide 9: Strengths and attractions
GLOBAL GROUP Strengths and attractions Strategic partner of clients and Stable and solid shareholder structure. maximisation of their satisfaction Committed top-level management team Focused on traditional business Commitment to Quality & lines of the Group, where it has Profitability proven experie
Slide 10: Countries with ongoing projects
GLOBAL GROUP Countries with ongoing projects SPAIN EUROPE & AFRICA PORTUGAL CAPE MALTA VERDE ANNUAL GENERAL MEETING 2019 10
Slide 11: Countries with ongoing projects
GLOBAL GROUP Countries with ongoing projects ASIA INDIA UNITED ARAB EMIRAES ANNUAL GENERAL MEETING 2019 11
Slide 12: Countries with ongoing projects
GLOBAL GROUP Countries with ongoing projects AMERICA PARAGUAY PERU MEXICO ARGENTINA CHILE ANNUAL GENERAL MEETING 2019 12
Slide 13: Turnover by country
GLOBAL GROUP Turnover by country 2017 2018 Thousands of euros INCN INCN Variation INCN-2018 Spain 297,444 372,893 25.4% 14% Spain Abu Dhabi 139,360 166,920 19.8% Remaining countries UE Chile 98,179 73,584 -25.1% Africa Asia Portugal 68,705 78,463 14.2% 24% America Cape Verde 27,561 21,138 -23.3% 49%
Slide 14: Business Lines of Activity
01 Economic Environment 02 Global Group 03 Business Lines of Activity 04 Economic-Financial Information 05 Corporate Social Responsibility ANNUAL GENERAL MEETING 2019 14
Slide 15: Contribution by business line of activity
BUSINESS LINES OF ACTIVITY Contribution by business line of activity Distribution of revenue Revenue (MM €) 11% 11% 14% 385.5 7% 385.4 361.3 11% 313.1 2% 1% 1% Construction 223.0 252.1 297.4 372.9 89% 2015 2016 2017 2018 Concessions Others Energy Real State International National Construction remain
Slide 16: Real Estate
BUSINESS LINES OF ACTIVITY Real Estate MM € 6.8 3.8 1.8 0.0 2017 2018 Revenue EBITDA As a result of the success of the Group with the sale of the “Parques de la Huaca” real estate development (3,072 housing units built and commissioned), the construction of a new real estate development began in 201
Slide 17: Energy
BUSINESS LINES OF ACTIVITY Energy MM € 11.2 9.7 3.6 2.7 2017 2018 Revenue EBITDA The EBITDA/sales margin stands at 27.9%. Contracted backlog at the end of the year stands at EUR 395 M. ANNUAL GENERAL MEETING 2019 17
Slide 18: Concessions and services
BUSINESS LINES OF ACTIVITY Concessions and services MM € 50.9 47.7 2.3 1.6 2017 2018 Revenue EBITDA Business line with a recurring and stable activity, both in sales and EBITDA (Growth in revenues of 6.6% and EBITDA improved by 42.3% with respect to the previous year). Improvement of the EBITDA / Sa
Slide 19: Construction
BUSINESS LINES OF ACTIVITY Construction MM € Revenue by type of work 676.0 International National 601.0 33% 36.7 15% 32.7 5% 12% 29% 2% 4% 2017 2018 Revenue EBITDA Industrial Civil Works Residential Non-Residential EBITDA/Sales Margin stands at 5.4%. Profit before tax amounts to EUR 28.7 M (over twi
Slide 20: Economic-Financial Information
01 Economic Environment 02 Global Group 03 Business Lines of Activity 04 Economic-Financial Information 05 Corporate Social Responsibility ANNUAL GENERAL MEETING 2019 20
Slide 21: Consolidated Management Income Statement
ECONOMIC-FINANCIAL INFORMATION Consolidated Management Income Statement 2017 2018 MM€ % MM€ % Variation Revenue 682.9 100.0% 758.4 100.0% 11.1% Other operating Income 9.4 1.4% 11.8 1.6% 25.4% Other operating Expenses -646.0 -94.6% -718.6 -94.7% 11.2% EBITDA 46.3 6.8% 51.7 6.8% 11.6% Amortisation cha
Slide 22: Consolidated Management Balance Sheet
ECONOMIC-FINANCIAL INFORMATION Consolidated Management Balance Sheet 2017 2018 ASSETS MM€ % MM€ % Variation Intangible Assets 19.6 2.0% 18.1 1.8% -7.7% Items of property, plant and equipment 45.3 4.7% 71.0 7.1% 56.6% Real state investments 3.3 0.3% 10.7 1.1% 225.5% Other non-current assets (associat
Slide 23: Balanced structure of the balance sheet
ECONOMIC-FINANCIAL INFORMATION Balanced structure of the balance sheet 2017 2018 MM€ MM€ Management Balance Sheet 2018 Cash flow from operating activities 49,874 56,552 Working capital -18,156 41,290 Net Equity 11% Non-Current Others -8,206 -12,467 Assets Non-Current Net operating cash flow 23,512 8
Slide 24: Net Cash Position
ECONOMIC-FINANCIAL INFORMATION Net Cash Position Net Cash Position 23.4 -167.2 -97.1 -66.7 2015 2016 2017 2018 At the end of 2018, the Net Cash Position corresponds to a positive cash amounting to EUR 23.4 million compared to the net financial debt existing at the end of 2017 amounting to EUR 66.7 m
Slide 25: Backlog of the Group
ECONOMIC-FINANCIAL INFORMATION Backlog of the Group Type Geographic area Client 10% Construction National Public Energy International Private 57% Concessions 43% 20% 70% 43% 57% 2018 1.916 MM € Backlog by segment MM€ % Construction 1.334 70% 187 Civil works 169 9% 395 Non residential building 829 43
Slide 26: Summary (MM €)
ECONOMIC-FINANCIAL INFORMATION Summary (MM €) Revenue Project Backlog 1,916 MM € Net Financial Debt / Net Cash Position 12.0 % 2018: Deuda Financiera Neta / Posición Neta de Tesorería 2 0 1 5- TAC C 60 758.4 17,6% 20 23,4 682.9 70% -20 60% 613.4 56% 56% -60 -66,7 -97,1 -100 536.1 -140 -167,2 31% 30%
Slide 27: Share price
ECONOMIC-FINANCIAL INFORMATION Share price 2019 2015 2016 2017 2018 at 20/06 9,00 Cotización acción GSJ Volumen negociado Capitalisation (thousands of Euros) 58,824 210,034 230,843 299,120 508,504 8,00 Cotización cierre 7,00 Number of shares (x 1,000) 65,026 65,026 65,026 65,026 65,026 6,00 Price at
Slide 28: Corporate Social Responsibility
01 Economic Environment 02 Global Group 03 Business Lines of Activity 04 Economic-Financial Information 05 Corporate Social Responsibility ANNUAL GENERAL MEETING 2019 28
Slide 29: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY MAXIMUM SUPPORT AND RESPECT FOR PEOPLE AND HUMAN RIGHTS CALIDAD RESPECTEFOR INNOVACIÓN DIVERSITY COMMITMENT TO AND EQUAL QUALITY AND OPPORTUNITIES INNOVATION (R&D+I) PREVENTION OF OCCUPATIONAL RISKS INFORMATION AND COMPREHENSIVE TRANSPARENCY RISK MANAGEMENT SUSTAINABL
Slide 30: Annual General Meeting
Strech Vilaboa - A Ermida of the future Highway A-57, Pontevedra Mamsha Al Saadiyat Residential Complex, Abu Dhabi (United Arab Emirates) ANNUAL GENERAL MEETING 2019 Wind Farms for Enel Green Power in Teruel (176,4MW)
Slide 31: Aviso Legal
AVISO LEGAL This document, including future estimates, Is provided solely and exclusively for the event taking place today. Grupo SANJOSE expressly declines any obligation or commitment to provide any update or review on the infor- mation contained herein, any changes in its forecasts or expectation
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