Slide 1: Presentation of results for 2019
Presentation of results for 2019 May 19, 2020
Slide 2: The most important events of 2019
The most important events of 2019 The most important events of 2019 Financial results for 2019 FEERUM in Ukraine Project Tanzania Strategy Summary 2
Slide 3: The most important events of 2019
The most important events of 2019 ✓ In 2019, the Company generated record-breaking financial results at all levels, increasing revenues by 88%, to nearly 243 million PLN and net profit by 148%, to 18.6 million PLN. ✓ In accordance with the adopted strategy, the Company is consistently developing sal
Slide 4: Financial results for 2019
Financial results for 2019 The most important events of 2019 Financial results for 2019 FEERUM in Ukraine Project Tanzania Strategy Summary 4
Slide 5: Sales revenues (thous. PLN)
Sales revenues (thous. PLN) 5 year 2019 242 874 sales revenues year 2018 128 714 sales revenues Result for the year 2017 – 96 134 thousand PLN Source: Consolidated annual report for the period from January 1, 2019 to December 31, 2019
Slide 6: The Group's revenues in cross-section of geographical areas
6 The Group's revenues in cross-section of geographical areas Country 01.01 -31.12.2019 01.01 -31.12.2018 Poland 33 824 38 063 Export 209 050 90 651 Ukraine 184 825 11 628 Tanzania 22 587 63 305 Lithuania 1 260 13 975 Other countries 377 1 743 Total 242 874 128 714 Source: Consolidated annual report
Slide 7: Basic financial results for 2019
Basic financial results for 2019 Thous. PLN 2019 2018 change in % change in thous. Sales revenues 242 874 128 714 88,7% 114 160 Gross profit (loss) on sales 39 775 19 343 105,6% 20 432 Gross margin on sales 16,4% 15,0% 1,35 p.p. EBITDA 31 637 15 924 98,7% 15 713 Profitability EBITDA 13,0% 12,4% 0,65
Slide 8: The structure of the balance sheet as at December 31, 2019
The structure of the balance sheet as at December, 31 2019 8 Assets Liabilities 37,7% fixed 51,9% equity capital Ak 62,3% rotary 48,1% commitment 50% 50% Main items: Main items: 62% 62% 65,9 mln PLN financial stocks 44,6 mln PLN short terms liabilities due to deliveries and service 58,1 mln PLN rece
Slide 9: FEERUM in Ukraine
FEERUM in Ukraine The most important events of 2019 Financial results for 2019 FEERUM in Ukraine Project Tanzania Strategy Summary 9
Slide 10: FEERUM in Ukraine
FEERUM in Ukraine
Slide 11: The first facility for Epicentr K LLC ready for work
The first facility for Epicentr K LLC ready for work
Slide 12: Modern grain drying technology
Modern grain drying technology In Epicentr K LLC facilities we used dryers with a total drying capacity of over 200 MW. Thanks to them, it is possible to dry up to 40 thousand tons of corn per day.
Slide 13: 1 million tonnes
1 milion tonnes Total capacity of facilities manufactured for Epicentr K LLC is nearly 1 million tons.
Slide 14: Transport devices fully adapted to work in industrial facilities
Transport devices fully adapted to work in industrial facilities
Slide 15: FEERUM innovations
FEERUM innovations 15 We are the only company in the industry to use hot polymer processing - valves, gate valves, conveyors and elevators. This will extend the period of their continuous, long-term work by up to five times. Conveyor drive drum Conveyor discharge hopper Polymer coatings have been us
Slide 16: Regular FEERUM guarantee, employee training and service
Regular FEERUM guarantee, employee training and service guarantee that the objects we manufacture will serve Epicenter K LLC for several decades.
Slide 17: The potential of the Ukrainian market is enormous
The potential of the Ukrainian market is enormous, 30-40 million tons of cereals require storage. The key to success is the comprehensive offer: product plus financing. FEERUM's offer, supported by financing under the "supplier loan" scheme, perfectly fits the needs of this market.
Slide 18: Cooperation with Epicentr K LLC
18 Daniel Janusz Cooperation with Epicentr K LLC „I consider cooperation with Epicentr K LLC to be very promising. The Ukrainian contractor is interested in further development, and above all in the purchase of the best and innovative technologies.”
Slide 19: Project Tanzania
Projekt Tanzania The most important events of 2019 Financial results for 2019 FEERUM in Ukraine Project Tanzania Strategy Summary 19
Slide 20: FEERUM in Tanzania
FEERUM in Tanzania
Slide 21: Installation of roofs and sheathing, further foundation works
In parallel with the installation of roofs and sheathing, we conduct further foundation works for another silos, flat warehouses, other parts of warehouse complexes and social buildings. 21
Slide 22: Dodoma
Dodoma
Slide 23: Mbozi
Mbozi
Slide 24: Songea
Songea
Slide 25: Makambako
25 Makambako
Slide 26: Shinyanga
Shinyanga
Slide 27: Contract extension
Contract extension 27 Due to the lengthy acceptance procedures by the Tanzanian institutions involved in the project implementation, the project had to be extended. Currently, the contract implementation period has been extended to June 30, 2020. 20,84 mln USD Total value of payments received under
Slide 28: Tanzanians appreciate FEERUM's work for NFRA
Tanzanians appreciate FEERUM's work for NFRA 28 date of publication: November 6, 2019 r.
Slide 29: FEERUM initiates the agricultural revolution in Tanzania
29 FEERUM initiates the agricultural revolution in Tanzania In Tanzania they fight with hunger, in Senegal they supply electricity. Lower Silesian companies in Africa. Lower Silesian companies are finalizing work in Africa. BRONZ KIDS 535 WOLF KIDS 535 Illustration Design Illustration Client: Irrepm
Slide 30: Strategy
Strategy The most important events of 2019 Financial results for 2019 FEERUM in Ukraine Project Tanzania Strategy Summary 30
Slide 31: FEERUM strategy: Obtaining an important player position on the international arena
31 FEERUM strategy: Obtaining an important player position on the international arena Dynamic increase in the scale of operations Strenghtening sales network Investments in modern and design department technological solutions Sales to the Modern domestic market technologies and and foreign expansion
Slide 32: Summary
Summary The most important events of 2019 Financial results for 2019 FEERUM in Ukraine Project Tanzania Strategy Summary 32
Slide 33: FEERUM after 2019
33 FEERUM after 2019 High contracted and potential Prolongation of the contract order book for 2020-2021; implementation for NFRA – by the Good market prospects end of June 2020. Innovative on a global scale products in the Company's offer; Over 88% increase in sales revenues significant strengtheni
Slide 34: FEERUM JSC, Chojnów
FEERUM JSC. 6 Okrzei Street 59-225 Chojnów Polska +48 76 81 96 738 +48 76 81 88 485 sekretariat@feerum.pl www.feerum.pl
Slide 35: Reservation
Reservation This study has been prepared solely for information purposes. It does not constitute advertising or offering securities in public trading. The study uses information sources that FEERUM S.A. considers it credible and accurate, but there is no guarantee that it is comprehensive and fully