Nordecon As · OMXTSE:NCN1T
Nordecon As — Investor Presentation (2013)
18 slides from Nordecon As's investor presentation, 2013
Slide 1: Investor presentation 9m 2013
Investor presentation 9m 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 9m 2013
Nordecon financial information and key facts 9m 2013 Investor Presentation
Slide 9: Period in brief
Period in brief • Sales exceeded 9m 2012 comparative figure by 15%. Main driver for growth were large road construction projects • Factors contributing to growth of gross margin – increased market volumes, stable input prices and unrealised risks in completion phase of utility networks and environme
Slide 10: Key figures / ratios
Key figures / ratios Figure / Ratio 9m 2013 9m 2012 Revenue (tEUR) 134,733 117,054 Revenue growth/decrease, % 15.1% 13.4% Net profit/loss (tEUR) 5,309 1,988 Gross margin, % 7.0% 5.1% EBITDA margin, % 5.3% 3.2% Net margin, % 3.9% 1.7% Earnings per share (EUR) 0.17 0.05 Equity ratio, % 27.0% 25.7% Adm
Slide 11: Revenue and profit
Revenue tEUR Profit tEUR Revenue and profit 134 733 140 000 11 000 • Revenue growth driven by infrastructure segment. Large road construction projects 117 054 120 000 9 000 on-going from Q1, but expected to finish by 9 426 end of 2013 103 260 7 000 100 000 • Smaller part of revenue increase attribut
Slide 12: Revenue by geographic regions
Revenue by geographic regions 9m 2011 9m 2012 9m 2013 Estonia Estonia Estonia Belarus Finland Finland Finland 9m 2011 9m 2012 9m 2013 • Main focus to remain in Estonia until 2013 (incl.) Estonia 96% 99% 98% • Business in Finland remains limited to existing Belarus 2% 0% 0% sub-segment (concrete work
Slide 13: Order book
Order book Order book tEUR 160 000 155 421 • Order book has decreased due to gradual 146 070 performance of major contracts secured in 2011- 140 000 2012. Addition of large contracts is irregular. Public investments have decreased in 2013 because the end current of EU budget (2007- 120 000 2013). Pr
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 52 70 58 62 • Buildings segment volumes grew by 5% 60 compared to 9m 2012 50 40 30 48 20 42 38 10 0 9m 2011 9m 2012 9m 2013 Buildin
Slide 15: Revenue distribution – buildings
Revenue distribution – buildings % of revenue 100 • Share of public sector contracts declining because of 90 20 fierce competition and the Group has been avoiding 80 excess risks. Also the absence of large contracts from 45 44 4 prior periods influences the decrease in volumes 70 • Apartment buildin
Slide 16: Revenue distribution – infrastructure
Revenue distribution – % of revenue infrastructure 100 5 10 12 • Environmental infrastructures get more funding 90 1 15 from EU during last years of 2007-2013 budget. 8 Group has secured lately increased number of 80 environmental engineering contracts 33 70 24 31 60 • Specialist engineering (port c
Slide 17: Share and shareholders information
Share and shareholders information 1,3 Index/share 1.01.2013 30.09.2013 +/-% 850 OMX Tallinn 734.20 836.51 13.93 1,25 NCN1T 1.16 1.07 -7.76 800 OMX Tallinn NCN1T 1,2 OMX TALLINN 750 NCN1T 1,15 700 1,1 650 1,05 600 1 1.01.2013 1.02.2013 1.03.2013 1.04.2013 1.05.2013 1.06.2013 1.07.2013 1.08.2013 1.09
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 [email protected] Investor Presentation