Tallinna Sadam AS · OMXTSE:TSM1T

Tallinna Sadam AS — AS Tallinna Sadam — Q1 2019 Earnings Presentation

9 slides from Tallinna Sadam AS's earnings presentation, May 17, 2019

  1. Slide 1: Results of Q1 2019

    Results of Q1 2019 Webinar 17.05.2019

  2. Slide 2: Presenter

    Presenter Marko Raid CFO Member of the Management Board

  3. Slide 3: Highlights (1/2)

    Highlights (1/2) of Q1 2019 • PAX vessels maintenance –> decline in PAX, vessel calls and revenues • Eckerö new ROPAX vessel on Vuosaari line • Decline in cagro volume liquid bulk and ro-ro in decline, containers and dry bulk increased • Vopak E.O.S. acquired by Liwathon • MPSV Botnica charter for s

  4. Slide 4: Highlights (2/2)

    Highlights (2/2) of Q1 2019 • The state ordered 536 additional ferry trips on Saaremaa line in summer peak period • SLK and Väinamere Liinid 24 mEUR claim against TS Laevad and TS Shipping was dismissed • Increased investments passenger terminal D reconstruction • Dividend for 2018 35.242 mEUR (EUR

  5. Slide 5: Cargo and PAX volumes

    Cargo and PAX volumes Q1 2019 by cargo type and routes Cargo Passengers 6 -6,0% 5,0 -7,0% 5 0,2 4,7 2 000 2 336 0,2 19 2 314 0,5 216 20 0,5 151 2 4 0,9 1 500 2 0,8 Thousand PAX Million tons 3 1,3 1,3 1 000 1 686 1 616 2 500 1 2,2 2,0 0 0 Q1 2018 Q1 2019 Q1 2018 Q1 2019 Liquid bulk Ro-Ro Dry bulk Con

  6. Slide 6: Results of the Group

    Results of the Group Segments Q1 In thousands Q1 2018 Q1 2019 +/- Passenger H 8,2 Revenue 29 414 28 527 -3.0% 8,8 Cargo H 10,0 Adjusted EBITDA 17 603 16 870 -4.2% 10,5 Adjusted EBITDA margin 59.8% 59.1% 0.7 Ferry 6,9 Operating profit 12 339 11 458 -7.1% 6,7 Other 3,5 Income tax 0 0 - 3,4 Profit/loss

  7. Slide 7: Cash Flow and Financial Position

    Cash Flow and Financial Position Cash Flow statement Financial position 700 In thousands Q1 2018 Q1 2019 600 Cash from operating activities 22 637 15 255 500 368 379 Cash used in investing 400 -3 114 -3 914 activities 573 571 300 Free cash flow (FCF) 19 523 11 341 42 41 200 Cash from/used in financi

  8. Slide 8: Questions?

    @ Questions?

  9. Slide 9: Thank You!

    Thank You! IR related questions: Marju Zirel Head of Investor Relations m.zirel@ts.ee portoftallinn.com • investor.ts.ee

AS Tallinna Sadam — Q1 2019 Earnings Presentation on 6ix