Vantris Energy Bhd · MYX:VANTNRG
Vantris Energy Bhd — Sapura Energy Berhad — Q4 FY2025 Earnings Presentation
18 slides from Vantris Energy Bhd's earnings presentation, Mar 27, 2025
Slide 1: Q4 FY2025 Investor Relation Pack
Q4 FY2025 Investor Relation Pack Sapura Energy Berhad | 27 March 2025 WWW.SAPURAENERGY.COM
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements. All statements other than statements of historical facts included in this presentation, including, without limitation, those regarding our financial position, financial estimates, business strategies, prospects, plans and objectives f
Slide 3: Content
Content 01 Leadership Team 02 Q4 FY25 Financial Performance 03 Business Updates 04 Sapura Energy Reset Updates
Slide 4: 01 Leadership Team
01 Leadership Team SAPURA ENERGY BERHAD | Q4 FY2025 Presentation to BAC
Slide 5: Sapura Energy Berhad Leadership Team
Sapura Energy Berhad Leadership Team Zamri Group CEO Ganesh Stephane Louay Nasri Group CFO CEO CEO CEO Engineering & Operations & Construction Maintenance, Group Drilling QHSE Finance Andy Kasmariza Pandai Shazwan Azmanira CRO CPO CSTO General General Litigation Counsel Governance Counsel People Gro
Slide 6: 02 Q4 FY2025 Financial Performance
02 Q4 FY2025 Financial Performance SAPURA ENERGY BERHAD | Q4 FY2025 Presentation to BAC
Slide 7: SEB marks its first return to full year profitability in 6 years
SEB marks its first return to full year profitability in 6 years Amounts in Q4 Q4 FY FY Key highlights: RM million FY25 FY24 FY25 FY24 ▪ FY25 PATAMI RM190 million ▪ EBITDA stands at RM524 million Revenue 1,186 1,120 4,703 4,318 ▪ Overall, all business segments demonstrated resilience operations. ▪ E
Slide 8: Resilient Financial Performance whilst in Restructuring
Resilient Financial Performance whilst in Restructuring Amounts in FY20 FY21 FY22 FY23 FY24 FY25* RM million Revenue 6,449 5,348 4,100 4,551 4,318 4,703 (LBITDA)/ (252) 810 (2,276) 713 468 524 EBITDA (LATAMI)/ (4,561) (161) (9,051) (3,158) (509) 190 PATAMI Free Cash 9 94 443 248 698 655** Flow *Repr
Slide 9: Group EBITDA margins remained stable at 11% between both years
Group EBTIDA margins remained stable at 11% between both years. Decline in Drilling margins was offset against growth in O&M and a turnaround in E&C margins Q4 Q4 Q4 Q4 FY25 FY24 FY25 FY24 Amounts in RM million FY25 FY24 FY25 FY24 % Margin EBITDA 143 (283) 524 468 12% -25% 11% 11% E&C (6) (258) 428
Slide 10: Group Bid Book and Orderbook
Group Bid Book and Orderbook Orderbook replenishment remains challenging, but possible with trusted partnerships Western Hemisphere Eastern Hemisphere RM8.5bn Orderbook insights 20% 31% E&C Division Drilling O&M 49% Amounts in RM billion 36.9 32% RM12.0 bn 68% RM24.9 bn 35% FY26 Total bids Recogniti
Slide 11: Order book – Highest in years and derisked…
Order book – Highest in years and derisked… FY21 FY22 FY23 FY24 FY25 Group Order 6.4 6.6 5.6 6.6 8.5 Book* (RM billion) Engineering & 68% 63% 49% 31% Construction 86% Operations & 8% 2% 25% 20% Maintenance Drilling 14% 24% 35% 26% 49% * Excludes the order book of JVs and associates Amounts in RM bil
Slide 12: 03 Business Updates
03 Business Updates SAPURA ENERGY BERHAD | Q4 FY2025 Presentation to BAC
Slide 13: Business Updates | E&C Continued delivery despite challenges
Business Updates | E&C Continued delivery despite challenges Keys to Turnaround 0 7 1 Completed Ongoing Commencement ▪ Enhance Organizational Structure to Drive Projects Projects of New Project Operational Excellence ▪ Optimize Cash Flow Across Projects and Regions to ▪ Key offshore activities in Q4
Slide 14: Business Updates | E&C - Brazil
Business Updates | E&C - Brazil Brazil operations continue to be resilient Location/Field worked (Basin) Key highlights Sapura Esmeralda Sapura Onix Santos Santos ▪ Fleet uptime 98.7% Sapura Rubi Sapura Jade ▪ 74.19% QHSE perfect days Campos Campos 6 Sapura Diamante Sapura Topazio PLSVs are working
Slide 15: Business Updates | Drilling Maintaining Stable Performance
Business Updates | Drilling Rig activity Trend Maintaining Stable Performance # of active rigs in the quarter Technical Utilisation Rigs Client Location (Operational Performance) Alliance PCSB Malaysia 99.93% Off-contract rigs Berani JX Nippon Malaysia 97.40% Esperanza PCSB Malaysia 98.88% Jaya Chev
Slide 16: Business Updates | O&M
Business Updates | O&M Maintain/deliver contracts and progressing on claims Technology & Subsea Hook Up & Commissioning Geosciences & OSV Services 4 1 2 3 9 9 Ongoing Completed Ongoing Completed Ongoing Completed Projects Project Projects Projects projects Projects ▪ Ongoing projects : PM MCM (Exxon
Slide 17: 04 Sapura Energy Reset Updates
04 Sapura Energy Reset Updates SAPURA ENERGY BERHAD | Q4 FY2025 Presentation to BAC
Slide 18: Progress and ongoing efforts to regain stable platform
Progress and ongoing efforts to regain stable platform Cash Legacy Debt New PN17 Ongoing efforts Conservation contracts restructuring funding regularization plan Manage working Achieved Address Secured source for Finalize and submit the capital and reduce cost amicably unsustainable debts new fundin
Sapura Energy Berhad — Q4 FY2025 Earnings Presentation on 6ix