Taqa Morocco Sa · CSEMA:TQM
Taqa Morocco Sa — H1 2024 Earnings Presentation
17 slides from Taqa Morocco Sa's earnings presentation, Sep 19, 2024
Slide 1: Casablanca, September 19, 2024
Casablanca, September 19, 2024
Slide 2: Disclaimer
This presentation ("Presentation") has been prepared by TAQA Morocco S.A. ("TAQA Morocco" or the "Company"). The information contained in the Presentation may not have been reviewed or audited by the Company's auditors. The Company relies on information obtained from sources believed to be reliable,
Slide 3: TAQA Morocco: Review of H1 2024, Key Success Factors, 2024 Financial Calendar
TAQA MOROCCO REVIEW OF H1 2024 KEY SUCCESS 2024 FINANCIAL A MAJOR OPERATIONAL AND FACTORS CALENDAR NATIONAL PLAYER FINANCIAL PERFORMANCE 3
Slide 4: TAQA Morocco, a major national player
TAQA MOROCCO, A MAJOR NATIONAL PLAYER 4
Slide 5: TAQA Morocco key figures and strengths
27 years of industrial 92.8 % Average availability 18% of the installed national Top decile worldwide in excellence rate capacity for 35% of the technical performance national demand Unparalleled Development of Units 5 & 6 in Securing 1.4 Bn $ in multi- Ability to structure and finance proficiency i
Slide 6: Strategic ambitions and sustainability impacts
STRATEGIC AMBITIONS OUR SUSTAINABILITY IMPACTS PILLARS / Promote the Kingdom's low-carbon strategy / Strengthen our position as the leading private electricity producer in Morocco with a diversified energy mix in low-carbon energies and desalination. Preserving the environment / Leverage a reference
Slide 7: Mission, ambition and sustainability axes
Leverage our expertise as a major national player, the Group's know-how in the utilities sector, and our financial MISSION strength to support Morocco's sustainability roadmap. AMBITION Actively contribute to the energy transition and water strategy of the Kingdom of Morocco. SUSTAINABILITY Environm
Slide 8: H1 2024 Financial & Operational Performance Review
H1 2024 FINANCIAL & OPERATIONAL PERFORMANCE REVIEW 8
Slide 9: H1 2024 key figures
94.1% 7,222 GWh 5,651MDH (vs 94.9% in H1 (vs 7,375 GWh (vs 7,448 MDH 2023) in H1 1 2023) in H1 2023) AVAILABILITY RATE POWER GENERATION REVENUE 1,825 MDH 686 MDH 44% (vs 1,784 MDH (vs 606 MDH (vs 37% in H1 2023) in H1 2023) in H1 2023) EBITDA CONSOLIDATED NET INCOME GEARING 9
Slide 10: Operational performance and availability
/ Strong operational 97.0% performance, showcasing 94.9% 95.1% the industrial excellence of 94.1% 93.7% units 1 to 6. / Significant contribution of 90.7% units 5 and 6 to overall performance. / Positive outcomes from the predictive and preventive maintenance strategy. Global availability. Availabili
Slide 11: H1 2024 income statement vs H1 2023
In MDH H1 2024 H1 2023 Variance / Changes in the operating margin primarily driven by the strong Revenue 5,651 7 ,448 -24.1% operational performance of the units and the evolution of the international coal price reference EBITDA 1,825 1 ,784 2.3% index. / Positive evolution of the financial Operatin
Slide 12: Net debt, gearing and liquidity
19% 6,592 1.9x 4.2 +0.3 Pt +400 bp 44% +16% 1.6x 40% 14% 2.9 5,522 Net Debt to EBITDA Gearing Liquidity in M MAD and as % of Net Debt in MDH Total Asset H1 2023 H1 2024 Continuous strengthening of financial stability following: / Restructuring of the debt for the JLEC 5 & 6 subsidiary. / Financial p
Slide 13: Key Success Factors
KEY SUCCESS FACTORS 13
Slide 14: Key success factors
Strengthening of operational excellence initiatives. 1 Industrial Growing momentum of digitalization projects. Excellence. 2 3 6th largest market capitalization on the Casablanca Stock Exchange. 4 Available liquidity and capacity for recurring cash Financial Strength. generation. 5 Affiliation with
Slide 15: 2024 Financial Calendar
04 2024 FINANCIAL CALENDAR © TiN\QaN
Slide 16: 2024 financial calendar dates
S E P T E M B E R 1 3 th S E P T E M B E R 1 9 th N O V E M B E R 1 2 th Press Release and Financial Press Conference and Financial Statements - Results as of June Press Release – Q3 2024 Results. Analysts Meeting. 30, 2024. 16
Slide 17: TAQA Morocco
TrNQuN Morocco