Nordecon As · OMXTSE:NCN1T
Nordecon As — Investor Presentation (2013)
17 slides from Nordecon As's investor presentation, 2013
Slide 1: Investor presentation 12m 2012
Investor presentation 12m 2012 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 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 management that were launched in 2009 in order to secure profitable and rapid growth in the rise phase of the market • To continue building construction operations in
Slide 5: 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 6: 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 7: Nordecon financial information and key facts 12m 2012
Nordecon financial information and key facts 12m 2012 Investor Presentation
Slide 8: Period in brief
Period in brief • Sales exceeded 12m 2011 comparative figure by 8% • Strong Q4 results in 2.2 mEUR gross profit compared to 2011 profit of 0.9 mEUR • Gross margin exceeded 5% and resulted in net profit of 1.9 mEUR (Nordecon AS’s shareholders 1.5 mEUR) • Administrative expenses remained under control
Slide 9: Key figures / ratios
Key figures / ratios Figure / Ratio 12m 2012 12m 2011* Revenue (tEUR) 159,608 147,802 Revenue growth/decrease, % 8.0% 48.8% Net profit/loss (tEUR) 1,931 -4,708 Gross margin, % 5.2% 0.1% EBITDA margin, % 3.0% -1.2% Net margin, % 1.2% -3.2% Earnings per share (EUR) 0.05 -0.17 Equity ratio, % 27.1% 28.
Slide 10: Revenue and profit
Revenue Profit (tEUR) (mEUR) 159 608 Revenue and profit 160 000 147 802 15 000 • Bottom of construction market in 2010 140 000 10 000 • Growth driven by improved competition 120 000 situation in some segments and mainly by 99 312 8 222 public sector investments 100 000 5 000 • 2012 increased share o
Slide 11: Revenue by geographic regions
Revenue by geographic regions 12m 2010 12m 2011 12m 2012 Estonia Estonia Estonia Ukraine Belarus Finland Belarus Finland Finland 12m 2010 12m 2011 12m 2012 • Main focus to remain in Estonia until 2013 (incl.) Estonia 94% 97% 98% • Works in Belarus ended in 2011 and Ukraine 2% 0% 0% will not continue
Slide 12: Order book
Order book Order Book tEUR 140 000 134 043 127 259 • Order book reflects current market situation, 120 000 i.e. 65% related to infrastructure projects (12m 2011: 80%) 100 000 • Order book has decreased due to gradual 85 607 performance of major contracts secured in 80 000 2011 and beginning of 2012.
Slide 13: Revenue distribution by segments
Revenue distribution % of by segments revenue 100 • Buildings segment projects realise faster than 90 civil engineering , i.e. stabilises the segments’ 80 revenue in relation to order book that consists 52 52 mostly of infrastructure projects 70 58 60 • Infrastructure segment increase driven mainly
Slide 14: Revenue distribution – buildings
Revenue distribution – buildings % of revenue 100 • Public sector investments dominate market 90 80 35 36 45 • Industrial facilities (e.g. agriculture 70 investments) also financed by public sector 60 10 3 3 50 • Private investments in commercial buildings 35 showed strongest growth. Group started 4
Slide 15: Revenue distribution – infrastructure
Revenue distribution – infrastructure % of revenue 100 9 8 6 • Road construction and maintenance segment 90 1 strong historically. 10 16 80 28 70 • Large share of EU supported utility network 35 27 (other engineering) and environmental 60 construction 50 40 • Specialist engineering (port constructio
Slide 16: Share and shareholders information OMX TALLINN
Share and shareholders information 740 1,3 Index/share 1.01.2012 31.12.2012 +/-% OMX Tallinn index 531.17 734.20 +38.22 700 NCN1T 0.90 EUR 1.16 EUR +28.89 1,2 660 OMX TALLINN 1,1 NCN1T 620 OMX Tallinn NCN1T 1 580 0,9 540 500 0,8 01.2012 02.2012 03.2012 04.2012 05.2012 06.2012 07.2012 08.2012 09.2012
Slide 17: 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