Polimex - Mostostal Sa · GPW:PXM
Polimex - Mostostal Sa — Q3 2022 Earnings Presentation
29 slides from Polimex - Mostostal Sa's earnings presentation, November 2022
Slide 1: Polimex Mostostal Capital Group Financial Results for 1-3Q 2022
Date (Arial 20pt, dark gray) POLIMEX MOSTOSTAL CAPITAL GROUP FINANCIAL RESULTS FOR 1-3Q 2022 Ec Czechnica
Slide 2: Polimex Mostostal Capital Group
Polimex Mostostal Capital Group The company carries out specialized investments in Poland and abroad for the energy, petrochemical, gas and environmental protection industries. It is a producer and an exporter of steel structures and platform gratings. It also provides services in the galvanizing an
Slide 3: Segments of Polimex Mostostal Capital Group
Segments of Polimex Mostostal Capital Group Polimex Mostostal Capital Group consists companies operating in the following key sectors: POWER SECTOR OIL, GAS INDUSTRIAL PRODUCTION INFRASTRUCTURE EQUIPMENT AND SERVICE AND CHEMICAL CONSTRUCTION BASE November 2022 WWW.POLIMEX-MOSTOSTAL.PL 2
Slide 4: Business segments (1/2)
Business segments (1/2) Polimex Energetyka – our excellent industry expertise and knowledge of energy facilities allow us to comprehensively implement organizationally and technically challenging, highly complex turnkey projects in the power sector. We operate both in Poland and the EU providing ser
Slide 5: Business segments (2/2)
Business segments (2/2) Polimex Budownictwo and Polimex Infrastruktura – we offer comprehensive services in the segment of industrial and general construction in the formula of a General Contractor (GC). The Company’s offer is based on the following pillars: Industrial and cubature construction ▪ pr
Slide 6: Polimex Mostostal Capital Group 2022: 3rd Quarter Summary
Polimex Mostostal Capital Group 2022: 3rd Quarter Summary ▪ PLN 118 million net profit for the third quarter of 2022 – an increase of PLN 49 million (+71% y/y) ▪ 2 873 mln PLN sales revenue for Q3 2022– an increase of PLN 1 285 million (+81% y/y) ▪ Order backlog worth - PLN 4,05 billion ▪ Agreements
Slide 7: Selected Currently Implemented Projects
SELECTED CURRENTLY IMPLEMENTED PROJECTS November 2022 WWW.POLIMEX-MOSTOSTAL.PL 6
Slide 8: Strategic coal project - Puławy
Strategic coal project - Puławy Puławy New coal power unit with the capacity of 100 MWe and 300 MWt in Grupa Azoty PUŁAWY ▪ Total net value of the contract: PLN 1 162 million. ▪ Net share of Polimex Mostostal and Polimex Energetyka PLN 1 152 million ▪ Time frame for implementation: 10.2019 – 10.2022
Slide 9: Strategic gas project - Dolna Odra
Strategic gas project - Dolna Odra Dolna Odra Two new gas and steam power units at Dolna Odra Power Plant Branch ▪ Total value of the contract PLN 3 650 million ▪ Net share of Polimex Mostostal PLN 1 517 million ▪ Time frame for implementation 02.2020 – 12.2023 Contractors: November 2022 WWW.POLIMEX
Slide 10: Strategic gas project – EC Czechnica
Strategic gas project – EC Czechnica Siechnice Gas and steam power unit for ZEW KOGENERACJA S.A. ▪ Total value of the contract PLN 1 159 million ▪ Service contract value PLN 118 million ▪ Time frame for implementation 07.2021 – 04.2024 Contractors: November 2022 WWW.POLIMEX-MOSTOSTAL.PL 9
Slide 11: Order Book and Value of Currently Offered Projects
ORDER BOOK AND VALUE OF CURRENTLY OFFERED PROJECTS November 2022 WWW.POLIMEX-MOSTOSTAL.PL 10
Slide 12: Polimex Mostostal Capital Group Order Book (in billion PLN)
Polimex Mostostal Capital Group Order Book (in billion PLN) 5,3 4,9 4,8 4,4 4,0 2021 2021 2022 2022 2022 SEPTEMBER DECEMBER MARCH JUNE SEPTEMBER Portfel Order portfolio after Q3 2022 in million PLN POWER SECTOR OIL, GAS, PRODUCTION OTHERS CHEMICALS 2 581 366 333 764 November 2022 WWW.POLIMEX-MOSTOST
Slide 13: Value of Currently Offered Projects in the Companies (gross)
Value of Currently Offered Projects in the Companies (gross) 18 000 16 863 16 000 14 000 11 850 12 000 10 000 8 000 6 000 4 556 3 726 4 000 2 541 2 428 2 000 715 1163 1163 651 0 Szacowana Estimated Udział na value Company’s Szacowana Estimated Udział na Estimated value Company’s Szacowana Udział na
Slide 14: New project as from 01.01.2022 (net amounts in PLN)
New project as from 01.01.2022 (net amounts in PLN) ▪ Manufacturing from materials and prefabricated raw-materials of the Contractor, steel fences protected against corrosion (Contract amount: PLN 478,9 million), Client: Skarb Państwa – Komendant Główny Straży Granicznej (Poland) ▪ Construction of a
Slide 15: New project as from 01.01.2022 (net amounts in PLN)
New project as from 01.01.2022 (net amounts in PLN) ▪ Reconstruction of ammonia oxidation reactor domes d-2201 na l.a oraz l.b (Contract amount: PLN 24,22 million), Client: Anwil S.A. (Poland) ▪ Delivery and assembly cable trays on TATA Steel Blast Furnance no. 6-ljmuiden Phase III (Contract amount:
Slide 16: Selected Financial Data for Q3 2022
SELECTED FINANCIAL DATA FOR Q 3 2022 November 2022 WWW.POLIMEX-MOSTOSTAL.PL 15
Slide 17: Selected financial data for 3Q.2022 (in million PLN)
Selected financial data for 3Q.2022 (in million PLN) Polimex Mostostal Capital Group 3 500 160 180 167 140 138 118 3 000 2 873 +81% 140 +45% 160 +37% 120 +71% 140 120 122 2 500 100 95 120 100 2 000 100 80 69 1 588 80 1 500 80 60 60 60 1 000 40 40 40 500 20 20 20 0 0 0 0 OPERATING PRZYCHODY INCOME OP
Slide 18: Segments of the Capital Group in 3Q 2022
Segments of the Capital Group in 3Q. 2021 r. (in mln PLN) Segment Revenue EBITDA PxM CG Income GK.PxM PxM CG Segments Country/Abroad Q3.2022 vs Q3.2021 Q3.2022 vs Q3.2021 Q3.2022 vs Q3.2021 KOMENTARZ 3 500 230 3 500 ▪ The highest sales revenues were generated by Production and Power 4 143 Sector – t
Slide 19: Financial flows and indebtedness of Capital Group 3Q 2022
Financial flows and indebtedness of Capital Group 3Q. 2022 (in million PLN) Net debt* in relations to EBITDA LTM Net cash flow** 0 0% 600 YE 2021 r. 1Q 2022 r. IH 2022 r. 3Q 2022 r. 516 -50% 500 -100 -100% 400 -200 -150% 300 -300 -200% 200 -232% -241% -250% 100 -400 -300% 0 -500 YE 2021 r. 1Q 2022 r
Slide 20: Financial results compared with companies listed in WIG-BUD
Financial results of Polimex Mostostal Capital Group compared with the companies listed in WIG-BUD in billion PLN Comparative analysis to WIG-BUD listed companies 8,4% 9,0% 12,0 8,0% 10,0 7,0% 5,5% 5,3% 5,3% 6,0% 8,0 5,0% 12,5 3,7% 6,0 4,0% 8,7 2,4% 3,0% 4,0 2,0% 2,0 4,0 3,4 3,7 1,1 1,2 2,5 2,2 1,5
Slide 21: Tasks for the Capital Group in 2022
Zadania dla Grupy Kapitałowej na 2022 r. ▪ Maintaining the position of the EPC leader in the Power Sector with regards to large-scale energy investments on the Polish market based on our competences, our skilled personnel and our experience from the implemented projects, as well as from the projects
Slide 22: Technical Safety Leader
TECHNICAL SAFETY LEADER November 2022 WWW.POLIMEX-MOSTOSTAL.PL 21
Slide 23: Polimex Mostostal - Leader of Safety
Polimex Mostostal - Leader of Safety The primary goal of Polimex Mostostal Capital Group is to implement projects that fulfil the expectations of our Clients, while adhering to the highest international quality, environmental protection and occupational health and safety standards, with due regard f
Slide 24: Domestic Market – Our Clients and Partners
Domestic Market – Our Clients and Partners Klienci Partnerzy November 2022 WWW.POLIMEX-MOSTOSTAL.PL 23
Slide 25: International Markets – Our Clients
International Markets – Our Clients November 2022 WWW.POLIMEX-MOSTOSTAL.PL 24
Slide 26: International Markets – Our Partners
International Markets – Our Partners November 2022 WWW.POLIMEX-MOSTOSTAL.PL 25
Slide 27: Build the Future with Us
BUILD THE FUTURE WITH US
Slide 28: Polimex Mostostal Capital Group – Legal Disclaimer
Polimex Mostostal Capital Group – Legal Disclaimer This material is not part of, nor should be considered an offer or an incentive to purchase securities of Polimex Mostostal S.A. (the "Company"). The material should not constitute, in whole or in part, any grounds for, nor should it be referred to
Slide 29: Contact
CONTACT Polimex Mostostal S.A. al. Jana Pawła II 12 00-124 Warszawa tel. +48 22 829 71 00 www.polimex-mostostal.pl www.polimex-mostostal.pl November 2022 WWW.POLIMEX-MOSTOSTAL.PL 28