Slide 1: Q1 sales
Tuesday 7 May 2019 2019 Q1 sales Hugues Chomel Chief Financial Officer Stéphane Bisseuil Investor Relations Officer
Slide 2: Disclaimer
Disclaimer ▼ This presentation may contain forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets. ▼ These statements are by their nature subject to risks and uncertainties as describe
Slide 3: Q1 2019 Highlights
Q1 2019 Highlights Increase in selling prices across almost all regions Sales up +4.7% and stable (+0.3%) at constant Ciplan acquisition in scope and exchange rates Brazil finalised to €600 million €290 million refinancing completed successfully -3-
Slide 4: Analysis by region: France
Analysis by region France Change Change (€ million) 31/03/2019 31/03/2018 (reported) (at constant scope and exchange rates) Sales 225 208 +8.1% +8.1% ▼ Very strong business trends ▼ In Concrete & Aggregates, operational – Favourable macroeconomic and industry sales grew by +10.9% with improved condi
Slide 5: Analysis by region: Europe: Switzerland and Italy
Analysis by region Europe: Switzerland and Italy Change Change (€ million) 31/03/2019 31/03/2018 (reported) (at constant scope and exchange rates) Sales 75 74 +2.0% -0.6% SWITZERLAND ▼ Sales declined -3.8% at constant scope and ▼ Precast operational sales -14.1% exchange rates (-1.1% on a reported b
Slide 6: Analysis by region: Americas: United States and Brazil
Analysis by region Americas: United States and Brazil Change Change (€ million) 31/03/2019 31/03/2018 (reported) (at constant scope and exchange rates) Sales 115 87 +31.8% -3.7% UNITED-STATES BRAZIL ▼ Macroeconomic and industry environment ▼ Sales of €23.9 million generated following continued to im
Slide 7: Analysis by region: Asia: India and Kazakhstan
Analysis by region Asia: India and Kazakhstan Change Change (€ million) 31/03/2019 31/03/2018 (reported) (at constant scope and exchange rates) Sales 90 94 -4.3% -2.5% INDIA KAZAKHSTAN ▼ Consolidated sales of €81 million (-6.3%) ▼ Dynamic industry environment at the in a fast-moving and competitive
Slide 8: Analysis by region: Mediterranean: Turkey and Egypt
Analysis by region Mediterranean: Turkey and Egypt Change Change (€ million) 31/03/2019 31/03/2018 (reported) (at constant scope and exchange rates) Sales 34 49 -31.4% -18.5% TURKEY EGYPT ▼ Sales at €23.6 million, -27.3% ▼ Sales at €10.1 million, up +35.9% – Reflecting the impact of the August 2018
Slide 9: Analysis by region: Africa: Senegal, Mali and Mauritania
Analysis by region Africa: Senegal, Mali and Mauritania Change Change (€ million) 31/03/2019 31/03/2018 (reported) (at constant scope and exchange rates) Sales 61 61 +0.5% +0.1% ▼ Business trends supported by a positive ▼ In Cement, volumes down close to -6% industry environment across Africa ▼ The
Slide 10: Changes in consolidated financial position at 31 March 2019
Changes in consolidated financial position at 31 March 2019 ▼ Historically the first quarter has not been representative of the Group’s full-year financial performance ▼ After including the effects arising from the first-time adoption of IFRS 16, net debt stood at 57.4% of consolidated equity at 31
Slide 11: Recent events
Recent events ▼ The Vicat group successfully completed a €290 million Schuldscheindarlehen issue (German private placement) on 26 April 2019 to refinance its debt while lowering its average borrowing costs, extending its average debt maturity and diversifying its funding sources ▼ This financing con
Slide 12: 2019 outlook
2019 outlook ▼ In 2019, the macroeconomic context is likely to include broadly firm economic growth, although certain emerging-market regions will continue to face an uncertain political and sector environment ▼ The Group expects wide seasonal variations in 2019 ▼ Energy prices are likely to show a
Slide 13: 2019 outlook
2019 outlook ▼ The detailed information concerning the 2019 outlook for the Group’s various markets is available in the Q1 2019 press release on our website www.vicat.com - 13 -