Nordecon As · OMXTSE:NCN1T
Nordecon As — Investor Presentation (2013)
18 slides from Nordecon As's investor presentation, 2013
Slide 1: Investor presentation 6m 2013
Investor presentation 6m 2013 Investor Presentation
Slide 2: Nordecon overview
Nordecon overview Investor Presentation
Slide 3: Nordecon in brief
Nordecon in brief KEY FACTS • Nordecon is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment • Geographically the Group operates currently in Estonia, Ukraine and Finland. The parent of the Gro
Slide 4: Nordecon in brief: vision, mission, values
Nordecon in brief VISION: To be the preferred partner in the construction industry for customers, subcontractors and employees. MISSION: To offer our customers building and infrastructure construction solutions that meet their needs and fit their budget and thus help them maintain and add value to t
Slide 5: Nordecon Group's main strategic objectives until 2013 (incl.)
Nordecon Group’s main strategic objectives until 2013 (incl.) • To complete the significant adjustments to the Group’s structure and governance that were launched in 2009 in order to secure profitable and rapid growth in the rise phase of the market • To operate in Latvia, Lithuania and Belarus on a
Slide 6: Business model
Business model Industrial buildings Commercial buildings Public buildings Residential buildings BUILDINGS OPERATIONAL ACTIVITIES INFRASTRUCTURE Road construction and maintenance Specialist engineering Other infrastructure - road construction - bridges, viaducts - environmental engineering - road mai
Slide 7: Group's strengths
Group’s strengths • An organisation with shareholders oriented towards long-term profitable growth • A flexible, horizontally integrated business model across the Group • Experienced management • Professional and loyal employees • Relative conservatism in risk-taking • Selected support services cent
Slide 8: Nordecon financial information and key facts 6m 2013
Nordecon financial information and key facts 6m 2013 Investor Presentation
Slide 9: Period in brief
Period in brief • Sales exceeded 6m 2012 comparative figure by 20%. Main driver for growth were large road construction projects • Factors contributing to growth of gross margin – increased market volumes (esp. private clients) and stable input prices. Gross margin reached 4.3%, resulting in gross p
Slide 10: Key figures / ratios
Key figures / ratios Figure / Ratio 6m 2013 6m 2012 Revenue (tEUR) 75,497 62,920 Revenue growth/decrease, % 20.0% 16.0% Net profit/loss (tEUR) 812 -390 Gross margin, % 4.3% 3.5% EBITDA margin, % 2.6% 1.5% Net margin, % 1.1% -0.6% Earnings per share (EUR) 0.02 -0.02 Equity ratio, % 27.3% 25.0% Admini
Slide 11: Revenue and profit
Revenue tEUR Profit tEUR Revenue and profit 75 497 80 000 5 000 • Revenue growth driven by infrastructure segment. Large road construction projects 70 000 4 000 62 920 on-going from Q1 3 273 3 000 60 000 54 429 • Smaller part of revenue increase attributed to 2 000 2 188 buildings segment and privat
Slide 12: Revenue by geographic regions
Revenue by geographic regions 6m 2011 6m 2012 6m 2013 Estonia Estonia Estonia Belarus Finland Finland Finland 6m 2011 6m 2012 6m 2013 • Main focus to remain in Estonia until 2013 (incl.) Estonia 96% 99% 98% • Business in Finland remains limited to existing Belarus 3% 0% 0% sub-segment (concrete work
Slide 13: Order book
Order book Order book tEUR 166 367 160 000 • Order book has decreased due to gradual 140 234 performance of major contracts secured in 140 000 2011 and beginning of 2012. Addition of large contracts is irregular and their amount likely to 120 000 decrease in 2013-2014 because of a 103 230 decelerati
Slide 14: Revenue distribution by segments
Revenue distribution % of by segments revenue 100 • Performance of three major road construction 90 projects attributed to increase of 80 infrastructure segment revenue 54 54 70 59 • Buildings segment volumes grew by 9% 60 compared to 6m 2012 50 40 30 46 46 20 41 10 0 6m 2011 6m 2012 6m 2013 Buildin
Slide 15: Revenue distribution – buildings
Revenue distribution – buildings % of revenue 100 • Share of public sector contracts declining because 90 19 of fierce competition and absence of large contracts from prior periods 80 2 49 54 70 • Residential buildings revenue from constructing, 34 not developing of real estate. Share likely to 60 i
Slide 16: Revenue distribution – infrastructure
Revenue distribution – % of revenue infrastructure 100 6 11 16 • Environmental infrastructures get more funding 90 from EU during last years of 2007-2013 budget. 16 8 1 Group has secured lately increased number of 80 environmental engineering contracts 70 27 37 60 • Specialist engineering (port cons
Slide 17: Share and shareholders information
Share and shareholders information Index/share 1.01.2013 30.06.2013 +/-% OMX Tallinn 734.20 812.73 10.70 NCN1T 1.16 1.10 -5.17 Largest shareholders of Nordecon AS at 30 June 2013 Shareholder structure of Nordecon AS by ownership interest at 30 June 2013 Number of Ownership Number of Ownership Shareh
Slide 18: Contact Information
Contact Information Nordecon AS Tel: +372 615 4400 www.nordecon.com Pärnu mnt 158/1 Tallinn 11317 Estonia Head of Finance and Investor Relations Raimo Talviste Tel: +372 615 4445 raimo.talviste@nordecon.com Investor Presentation