Nordecon As · OMXTSE:NCN1T
Nordecon As — Investor Presentation (2013)
18 slides from Nordecon As's investor presentation, 2013
Slide 1: Investor presentation 3m 2013
Investor presentation 3m 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, shared 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 3m 2013
Nordecon financial information and key facts 3m 2013 Investor Presentation
Slide 9: Period in brief
Period in brief • Sales exceeded 3m 2012 comparative figure by 20%. Higher than usual amount of infrastructure projects that where work could be done also during the winter months • Higher infrastructure revenue helped to reduce segment’s fixed costs exposure that is usually highes in Q1. Gross prof
Slide 10: Key figures / ratios
Key figures / ratios Figure / Ratio 3m 2013 3m 2012 Revenue (tEUR) 27,081 22,475 Revenue growth/decrease, % 20.0% 27.0% Net profit/loss (tEUR) -652 -1,408 Gross margin, % 2.2% 0.2% EBITDA margin, % -0.1% -2.9% Net margin, % -2.4% -6.3% Earnings per share (EUR) -0.02 -0.04 Equity ratio, % 29.5% 29.9%
Slide 11: Revenue and profit
Revenue tEUR Profit tEUR Revenue and profit 30 000 27 081 2 000 • Revenue growth driven by infrastructure segment projects where the winter allowed to 1 500 perform more work than usually 25 000 22 475 1 000 • Smaller part of revenue increase attributed to 593 buildings segment and private sector cl
Slide 12: Revenue by geographic regions
Revenue by geographic regions 3m 2011 3m 2012 3m 2013 Estonia Estonia Estonia Belarus Finland Finland Finland 3m 2011 3m 2012 3m 2013 • Main focus to remain in Estonia until 2013 (incl.) Estonia 92% 98% 97% • Business in Finland remains limited to existing Belarus 5% 0% 0% sub-segment (concrete work
Slide 13: Order book
Order book Order book tEUR 140 000 136 235 125 740 • Order book reflects current market situation, 120 000 i.e. majority related with infrastructure projects (3m 2013: 56%). A strong increase of 100 000 buildings segment projects compared to last 91 974 year (3 m 2012: 22%) due to private clients in
Slide 14: Revenue distribution by segments
Revenue distribution % of by segments revenue 100 • Large infrastructure contracts (e.g. road 90 constrction) included sections where works 80 could continue in winter months (earth works, 49 46 54 construction of structures) 70 60 50 40 30 51 54 46 20 10 0 3m 2011 3m 2012 3m 2013 Buildings Infrastr
Slide 15: Revenue distribution – buildings
Revenue distribution – buildings % of revenue 100 • Share of public sector contracts declining 90 18 because of competition and absence of large 80 42 7 contracts 70 58 60 28 • Industrial facilities also partly financed by 7 public sector (e.g. agriculture investments) 50 40 3 • Commercial buildings
Slide 16: Revenue distribution – infrastructure
Revenue distribution – % of revenue infrastructure 100 4 14 90 • Road construction and maintenance segment 28 19 strong historically. Share increased as major 80 10 contracts continued partly during winter 70 1 60 32 • Large share of EU supported utility networks 41 (other engineering) and environme
Slide 17: OMX Tallinn share and shareholders information
Share and shareholders information 860 1,3 Index/share 1.01.2013 31.03.2013 +/-% 840 OMX Tallinn NCN1T OMX Tallinn index 734.20 838.20 +14.17 NCN1T 1.16 EUR 1.18 EUR +1.72 820 1,25 OMX TALLINN 800 NCN1T 780 1,2 760 740 1,15 720 700 1,1 1.01.2013 1.02.2013 1.03.2013 1.04.2013 Largest shareholders of
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