Nordecon As · OMXTSE:NCN1T
Nordecon As — 9M 2015 Earnings Presentation
19 slides from Nordecon As's earnings presentation, 2015
Slide 1: Investor presentation 9m 2015
Investor presentation 9m 2015 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: Strategic agenda for 2014-2017
Strategic agenda for 2014-2017 Business activities • Our business operations in Estonia will be equally divided between two segments, building and infrastructure construction, where we will compete in all major sub-segments. • Our chosen foreign markets are Finland, Ukraine, Latvia and Lithuania. In
Slide 6: Strategic agenda for 2014-2017
Strategic agenda for 2014-2017 Group structure and organisation • The Group’s structure is optimal and we are not going to change it unless significant changes take place in the construction market. • We will continue consistent investment in our IT-capabilities and -integration both at the level of
Slide 7: 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 8: 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 9: Nordecon financial information and key facts 9m 2015
Nordecon financial information and key facts 9m 2015 Investor Presentation
Slide 10: Period in brief
Period in brief • 2015 nine months revenue below 2014 comparative figure by 6.1%. Revenue declined in both the Buildings and the Infrastructure segment. • Gross margin decreased compared to previous period (5.5% vs 7.3%), as did operating margin (2.5% vs 3.6%). Compared with the same period last yea
Slide 11: Key figures / ratios
Key figures / ratios Figure / Ratio 9m 2015 9m 2014 Revenue (tEUR) 113,553 120,936 Revenue growth/decrease, % -6.1% -10.2% Net profit (tEUR) 2,317 3,250 Gross margin, % 5.5% 7.3% EBITDA margin, % 3.7% 4.9% Net margin, % 2.0% 2.7% Earnings per share (EUR) 0.08 0.08 Equity ratio, % 35.9% 34.2% Adminis
Slide 12: Revenue and profit
Revenue tEUR Profit tEUR Revenue and profit 140 000 134 733 12 000 • Revenue decrease in the Buildings segment (-7.5%) has been affected by the contraction in industrial and 120 936 warehouse facilities sub-segment. 11 000 120 000 113 553 • Revenue decrease in the Infrastructure segment (-2.8%) 10 0
Slide 13: Revenue by geographic regions
Revenue by geographic regions 9m 2013 9m 2014 9m 2015 Estonia Estonia Estonia Finland Finland Finland Ukraine Ukraine • Main focus are the operations in Estonia 9m 2013 9m 2014 9m 2015 • Finnish revenue comprises revenue from concrete works in the building Estonia 98% 94% 96% construction segment. T
Slide 14: Order book
Order book Order book tEUR 100 000 • Order book total has decreased by 18% as compared to 92 455 30.09.2014. The order book decreased in both the Buildings 90 000 85 765 segment and the Infrastructure segment. • In the Infrastructure segment, there was a slight increase in the 80 000 76 261 order bo
Slide 15: Revenue distribution by segments
Revenue distribution % of by segments revenue 100 • We strive to maintain the revenues of our operating 90 segments (Buildings and Infrastructure) in balance as this helps disperse risks and provides better opportunities for 80 37 39 continuing construction operations also in stressed circumstances
Slide 16: Revenue distribution – buildings
Revenue distribution – buildings % of revenue 100 • Compared with the same period last year, the revenue 6 structure of the Buildings segment has changed 13 90 20 considerably. 14 80 • In the industrial and warehouse facilities sub-segment 4 20 volumes have declined due to a decrease in both 70 agri
Slide 17: Revenue distribution – infrastructure
Revenue distribution – % of revenue infrastructure 100 8 4 12 1 • We expect that road construction will remain the main 90 3 13 revenue source in the infrastructure segment and, 8 similarly to last year, most of the road construction 80 15 revenue will result from small or medium-sized reconstructio
Slide 18: Share and shareholders information
Share and shareholders information Index/share 1.01.2015 30.09.2015 +/-% 950 1,12 OMX Tallinn 755.05 863.21 14.32 NCN1T 1.06 EUR 1.00 EUR -5.66 900 OMX TALLINN 1,07 NCN1T 850 1,02 800 OMX Tallinn NCN1T 750 0,97 1.01.2015 1.02.2015 1.03.2015 1.04.2015 1.05.2015 1.06.2015 1.07.2015 1.08.2015 1.09.2015
Slide 19: Contact Information
Contact Information Nordecon AS Tel: +372 615 4400 www.nordecon.com Pärnu mnt 158/1 Tallinn 11317 Estonia Head of Investor Relations Andri Hõbemägi Tel: +372 615 4400 [email protected] Investor Presentation