Arena Hospitality Group D.d. · ZSE:ARNT
Arena Hospitality Group D.d — Arena Hospitality Group — FY2018 Earnings Presentation
43 slides from Arena Hospitality Group D.d's earnings presentation, Mar 4, 2019
Slide 1: Presentation of FY 2018 Audited Results
Arena Hospitality Group PRESENTATION OF FY 2018 AUDITED RESULTS March 4th, 2019
Slide 2: Disclaimer
DISCLAIMER This document and the oral presentation do not constitute an offer of securities or a solicitation of an offer to purchase or sell securities in any jurisdiction. The third party information contained herein and orally presented has been obtained from sources the Company believes to be re
Slide 3: Today's Presenters
TODAY’S PRESENTERS Reli Slonim Devansh CEO Bakshi Board Member Luka Arnoud Duin Cvitan General Strategy, Manager capital Germany & markets & IR Hungary 33
Slide 4: Today's Agenda
TODAY’S AGENDA I. About us II. Highlights of FY 2018 III. Financial and operating performance in FY 2018 IV. Debt structure V. Future developments and growth VI. Appendix 44
Slide 5: Arena Hospitality Group at a Glance
ARENA HOSPITALITY GROUP AT A GLANCE 3 4 26 Countries Brands Properties in operation 10.000+ 1.000+ Accommodation units Employees Operations split Revenues breakdown EBITDA breakdown Units breakdown by Country1 5% 4% 32% 23% 25% 68% 72% 71% Croatia Germany&Hungary Croatia Germany&Hungary Management C
Slide 6: Strategy
STRATEGY Capitalize on Upgrade Synergies with Existing German Portfolio Operations Capitalize on Growth Potentials in the CEE region Expand Through Continuously Acquisitions and Other Types of Improve Guest Business Models Experience 66
Slide 7: Highlights of FY 2018
Highlights of FY 2018 77
Slide 8: 2018 – Highlights
2018 – HIGHLIGHTS • We launched our innovative new all glamping concept, pioneering in Croatia such an offering, which transformed an existing campsite into a luxury glamping experience for guests. • Trading in all Company’s shares migrated from the Official Market to the Prime Market of the Zagreb
Slide 9: Financial and operating performance
Financial and operating performance 99
Slide 10: Arena Hospitality Group Revenues and EBITDA
ARENA HOSPITALITY GROUP REVENUES AND EBITDA Revenue evolution EBITDA evolution HRKm HRKm 1 758 760 270 15 740 250 717 24 (16) 720 230 41 700 (6) 215 213 (5) (5) 680 210 (10) 660 190 640 620 170 600 150 Revenues Croatia Germany and Managed and Revenues EBITDA 2017 Revenue Payroll commissions, etc Adm
Slide 11: Croatian Portfolio KPIs
CROATIAN PORTFOLIO KPI’S Financial KPIs Operational KPIs HRKm HRKm 600 40,0% 48,6% 600 50,0% 504 506 521 48,6% 480 35,0% 500 32,8% 45,0% 400 400 33,2% 30,8% 30,0% 300 253 40,0% 246 200 168 159 165 155 200 35,0% 100 0 20,0% 0 30,0% 2017 2018 2017 2018 Total revenue EBITDAR EBITDA ADR (HRK) RevPAR (HR
Slide 12: Dissecting the Croatian Performance Drivers
DISECTING THE CROATIAN PERFORMANCE DRIVERS Revenue evolution EBITDA evolution HRKm HRKm 504 160 159 500 16 (3) 2 155 2 (4) 480 6 480 140 460 440 120 420 400 100 Revenues Hotels Holiday Camps Revenues EBITDA 2017 Hotels Holiday Camps EBITDA 2018 2017 Apartments 2018 Apartments HOTELS HOLIDAY APARTMEN
Slide 13: Arena One 99 Glamping – Case Study
ARENA ONE 99 GLAMPING – CASE STUDY • The first full glamping site, luxury camping in the nature, in Croatia • 199 fully equipped luxury glamping tents for couples or families • Outdoor wellness area with hot tubs, massage, rain room, relaxation areas, and a special deck for yoga • Animation activiti
Slide 14: German and Hungarian Portfolio KPIs
GERMAN AND HUNGARIAN PORTFOLIO KPI’S Financial KPIs Operational KPIs HRKm HRKm 243 250 228 40,0% 800 734 745 84,0% 81,9% 200 700 30,0% 610 82,0% 600 561 150 80,0% 20,3% 500 20,0% 18,8% 400 78,0% 100 71 74 300 76,3% 76,0% 43 49 10,0% 50 200 74,0% 100 0 0,0% 0 72,0% 2017 2018 2017 2018 Total revenue E
Slide 15: Park Plaza Nuremberg – Case Study
PARK PLAZA NUREMBERG – CASE STUDY • Park Plaza Nuremberg opened in June 2016 with 177 rooms • The hotel is located in the city prime position near the shopping and business centre of Nuremberg, opposite to the main train station and about 7.7 kilometres (12 minutes by subway) from the city’s interna
Slide 16: Debt structure
Debt structure 16 16
Slide 17: Net Debt as at 31 December 2018
NET DEBT AS AT 31 DECEMBER 2018 Year ended 31.12.2018 HRK m (1) Group Leverage Company Leverage Debt 943,8 4,4x 565,5 3,8x Zagrebačka banka 524,5 2,4x 524,5 3,5x Erste banka 35,0 0,2x 35,0 0,2x Deutsche Hyphothekenbank 379,9 1,8x n/a n/a Accrued interest and capitalized costs 4,4 6,1 Cash 802,5 -3,7
Slide 18: Investments and Strategy
Investments and Strategy 18 18
Slide 19: Capex Overview
CAPEX OVERVIEW • Through the public offering the Group raised HRK 788 million in gross proceeds • Since the public offering the Group is investing 3x more on average than prior to the offering • Total capex of the Group in 2018 and 2019 amounts to c. HRK 400 million (excluding the capex planned for
Slide 20: Capital Investments, Refurbishments and Expansion
CAPITAL INVESTMENTS, REFURBISHMENTS AND EXPANSION • 152 new, fully equipped premium and family Camping Homes featuring ecological and recycled materials Campsite Kažela and offers 37 m2 of interior space, more than 25 m2 of covered terrace and 250 m2 of private garden 2019 HRK 128 million • Guest ex
Slide 21: Investment 2019 – HRK 128 million
INVESTMENT 2019 – HRK 128 million
Slide 22: Arena Kažela Campsite - Camping Villa
ARENA KAŽELA CAMPSITE - Camping Villa
Slide 23: Arena Kažela Campsite - Camping Home Green
ARENA KAŽELA CAMPSITE - Camping Home Green
Slide 24: Arena Kažela Campsite - Camping Home Next
ARENA KAŽELA CAMPSITE - Camping Home Next
Slide 25: Arena Kažela Campsite - Activity pool
ARENA KAŽELA CAMPSITE - Activity pool
Slide 26: Investment 2019 – HRK 53 million
INVESTMENT 2019 – HRK 53 million
Slide 27: art'otel berlin kudamm
art’otel berlin kudamm
Slide 28: art'otel berlin kudamm
art’otel berlin kudamm
Slide 29: art'otel berlin kudamm
art’otel berlin kudamm
Slide 30: art'otel berlin kudamm
art’otel berlin kudamm
Slide 31: Investment 2019 – HRK 60 million
INVESTMENT 2019 – HRK 60 million
Slide 32: Arena Verudela Villas & Beach
ARENA VERUDELA VILLAS & BEACH
Slide 33: Arena Verudela Villas & Beach
ARENA VERUDELA VILLAS & BEACH
Slide 34: Arena Verudela Villas & Beach
ARENA VERUDELA VILLAS & BEACH
Slide 35: Hotel Brioni
HOTEL BRIONI ARENA
Slide 36: Hotel Brioni
> HOTEL BRIONI a NON MINER HU s vz : i Wows), Wa Misty
Slide 37: Hospitality Group
HOSPITALITY GROUP
Slide 38: Appendix
Appendix 38 38
Slide 39: Consolidated and Company Income Statement
CONSOLIDATED AND COMPANY INCOME STATEMENT 39 39
Slide 40: Consolidated and Company Statement of Financial Position
CONSOLIDATED AND COMPANY STATEMENT OF FINANCIAL POSITION 40 40
Slide 41: Consolidated and Company Statement of Cash Flows
CONSOLIDATED AND COMPANY STATEMENT OF CASH FLOWS 41 41
Slide 42: Consolidated and Company Statement of Cash Flows
CONSOLIDATED AND COMPANY STATEMENT OF CASH FLOWS 42 42
Slide 43: Arena Hospitality Group Investor Relations
ARENA HOSPITALITY GROUP INVESTOR RELATIONS Luka Cvitan Arena Hospitality Group d.d. Smareglina ulica 3, 52100 Pula Radnička cesta 39, 10000 Zagreb Croatia – Centar 2000 Tel: +385 1 3496 459 Tel: +385 52 223 811 Fax: +385 52 215 263 E-Mail: ir@arenahospitalitygroup.com 43 43
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