Slide 1: 1Q2019 Trading Update
1Q2019 Trading Update Scanship Holding ASA Hotel Continental – May 6th 2019 Henrik Badin CEO
Slide 2: About us
About us • technology provider for waste resource recovery, waste to energy and prevention of pollution • well positioned with unique track record equipped more than 100 cruise ships • expanding into aquaculture industry and landbased waste management • headquartered in Norway with subsidiaries in U
Slide 3: Financial performance 1Q
Revenues Financial performance 1Q 93,3 • total revenues increased with 21% to 93.3 77,4 MNOK from 1Q2018 66,3 • EBITDA increased with 23% to 11.1 MNOK from 1Q2018 1Q2017 1Q2018 1Q2019 • revenues increased with 40.7% and EBITDA are EBITDA up 94.7% from 1Q2017 EBITDA • recurring lifecycle service reve
Slide 4: Order backlog
Order backlog Order Backlog 800 680 • growth in backlog to new all-time high including 656 700 Options and Ordered sisterships equipment supplies to 36 cruise newbuilds, 600 three AWP Cruise retrofits and four aquaculture 513 469 projects 500 • shipowner have placed firm orders and options 400 360 w
Slide 5: Cruise market
Cruise market • tripled in size last twenty years reaching 28.5 million going cruising in 2018 • to maintain CAGR 5.7% until 2030, another 100 ships needs to be added to current industry orderbook of 125 • high Scanship activity with firm orders to 36 newbuilds, 9 options for future newbuilds, and c
Slide 6: New markets for growth
New markets for growth Cruise • unique “total solution” experience, process competence and robust delivery model provides opportunities outside cruise • already in Aquaculture with 8 projects on smolt, close cage and landbased • technology offering relevant for landbased waste handling, wastewater t
Slide 7: Positioning for megatrends
Positioning for megatrends • prevention of pollution and “zero discharge” • recovery of valuable resources in waste • plastic pollution, micropollutants and “end-of- waste” • waste to energy to replace fossil fuels reducing CO2 emissions • biochar as carbon capture, soil enrichment, soil remediation
Slide 8: The Scanship solution as response
The Scanship solution as response • environmental impact driven solution to meet requirements of efficiency and regulatory compliance • seamless integration of all waste streams • complete offering in waste and wastewater processing • high focus on the shift towards «green & blue” outputs with zero
Slide 9: Largest shareholders
largest shareholders INGERØ REITEN INV. COMPANY AS BADIN INVEST LIMITED 31 500 000 10 500 000 32,8 % 10,9 % NOR NOR DALER INN LIMITED 10 500 000 10,9 % NOR EXPROCO LIMITED 10 500 000 10,9 % NOR • management and board invested in Scanship TRETHOM AS GOLDMAN SACHS INTERNATIONAL 4 341 111 2 408 246 4,5
Slide 10: Summary
Summary • profitable growth continues backed by all time high orderbook from cruise newbuild activities • growth in life cycle services continues with increase of installed base • demand for AWP retrofits to accelerate growth in shorter run • relevant technology offering for landbased applications t
Slide 11: Thank you for the attention!
Thank you for the attention ! www.scanship.no