Consti Oyj · OMXHEX:CONSTI
Consti Oyj — Shareholder Meeting (April 2016)
17 slides from Consti Oyj's shareholder meeting presentation, Apr 6, 2016
Slide 1: Consti Group Plc Annual General Meeting
CONSTI GROUP PLC ANNUAL GENERAL MEETING 6 APRIL 2016 CEO Marko Holopainen Building renovation specialist | www.consti.fi
Slide 2: Contents
CONTENTS Consti in brief Consti’s year 2015 Market outlook and guidance for 2016 Building renovation specialist | www.consti.fi
Slide 3: Overview of Consti – one of the leading renovation and technical services provider in Finland
Overview of Consti – one of the leading renovation and technical services provider in Finland Consti in brief Consti business areas Established in 2008, Consti is one of the leading Finnish company focusing on renovation construction and technical services Comprehensive service offering covering tec
Slide 4: Consti was built through acquisitions and has a track of profitable growth
Consti was built through acquisitions and following integration the Company has a track of profitable growth Consti’s three development phases since the foundation in 2008 Key actions taken to drive profitable growth Net sales (EURm) 300 12,0 % Adjusted EBITDA margin1) Adjusted EBIT margin before go
Slide 5: Diverse customer mix and strong track record in project deliveries
Diverse customer mix and strong track record in project deliveries Dispersed customer mix (share of net sales, 2015) Selected referenses As Oy Risto Rytin tie 28 (2014) As Oy Vihtilä (2013) Private housing corporations and ■ 53 apartments ■ 105 apartments their property ■ Pipeline renovation ■ Broad
Slide 6: Contents
CONTENTS Consti in brief Consti’s year 2015 Market outlook and guidance for 2016 Building renovation specialist | www.consti.fi
Slide 7: Consti’s year 2015
Consti’s year 2015 1 2 3 Strong profitable Net sales grew and Successful organic growth market position completion of IPO continued improved in all in December Net sales (EURm) business areas Adjusted EBIT1) (EURm) 256,2 215,9 Technical Building Services Building Facades 7,9 10,5 Renovation 2014 201
Slide 8: Performance by business segment – Strong sales growth in all three business areas
Performance by business segment – Strong sales growth attributable to all three business areas NET SALES ORDER INTAKE ORDER BACKLOG EUR m EUR m EUR m 256,2 227,3 215,9 213,5 89,2 84,4 71,7 181,3 70,5 163,4 55,0 68,7 57,8 54,5 57,9 80,5 57,1 36,5 95,4 102,6 88,8 72,4 69,1 69,2 -4,5 -4,3 -3,9 -11,1 FY
Slide 9: Asset-light business model supporting strong cash conversion, healthy balance sheet
Asset-light business model supporting strong cash conversion, healthy balance sheet going forward Net working capital, 2013 – 2015 Cash conversion1), 2013 – 2015 Balance sheet KPIs as per 31 Dec 2015 Net working capital at year-end (EURm) Free cash flow (EURm) EBITDA (EURm) 3,4 Average cash conversi
Slide 10: Realisation of Consti’s long-term financial targets in 2015
Realisation of Consti’s long-term financial targets in 2015 Growth Profitability Cash flow Capital structure Dividends Net debt to adjusted The Company’s aim EBITDA ratio of less is to distribute as Average annual Adjusted EBIT- Cash conversion than 2.5x while dividends at least 50 growth in net sal
Slide 11: Contents
CONTENTS Consti in brief Consti’s year 2015 Market outlook and guidance for 2016 Building renovation specialist | www.consti.fi
Slide 12: Renovation market resilient through cycles with above average growth
Renovation market resilient through cycles with Consti’s areas seeing above average growth Finnish renovation market development, 2007-2018E Renovation market growth per segment, CAGR 2014-20 (real) Renovation construction (real) Finnish GDP (real, indexed) 2.5% total market Consti presence New buil
Slide 13: Ageing building stock is a key structural market growth driver
Ageing building stock is a key structural market growth driver... Renovation of 1970-1980s building stock in the pipeline Comments Finnish building stock by construction year ■ Almost all of the technical renovation need is expected to be Million also financially justified in the growth centres wher
Slide 14: Supported by energy efficiency, purpose modifications and automation
...further supported by energy efficiency, building purpose modifications and increasing automation Energy efficiency requirements and Purpose modifications to improve Building technology and automation awareness translating into energy economic yield of building stock driving technical renovation m
Slide 15: Consti Group’s strategic themes
Consti Group’s strategic themes 1 Exploit market position and expand full offering to Finland’s growth centers ─ Grow in businesses where Consti has long experience and a strong position ─ Expand full offering to the growth centres of Finland ─ Acquisitions to support growth 2 Strengthen the offerin
Slide 16: Guidance for 2016
Guidance for 2016 “The Company estimates that its total annual sales for 2016 will grow compared to 2015.” 15 06/04/2016 Building renovation specialist | www.consti.fi
Slide 17: AGM
CONSTI GROUP PLC 6 APRIL 2016 AGM CONSTI GROUP PLC HOPEATIE 2 FI-00440, HELSINKI BUSINESS ID 2203605-05 16 06/04/2016 Building renovation specialist | www.consti.fi WWW.CONSTI.FI