Strabag Se · VIE:STR
Strabag — 9M 2008 Earnings Presentation
8 slides from Strabag's earnings presentation, Nov 28, 2008
Slide 1: STRABAG SE – 9M 2008 results
STRABAG SE – 9M 2008 results 28 November 2008
Slide 2: Highlights 9M 2008
Highlights 9M 2008 Order Record level of € 14 billion, +29 % compared to 9M 2007 backlog Total CEE share 41 % Output / Output volume up 23 % in 9M 2008 to € 9,382 million Earnings EBITDA and EBIT up 22 % and 16 % respectively – net income after minorities up 73 % Net Debt / From Net Cash in FY 2007
Slide 3: 9M 2008 results reflecting growth
9M 2008 results reflecting growth 9M 9M Growth Illustrative development of STRABAG’s (€m) 2008 2007 % operational results intra-year Output volume 9,382 7,615 23% Order backlog 13,967 10,806 29% Revenue 8,315 6,861 21% EBITDA 391 321 22% Margin 4.7% 4.7% EBIT 148 128 16% Margin 1.8% 1.9% 31 Jan 31 M
Slide 4: Growth path carried on
Growth path carried on Output volume (€m) Order backlog (€m) +29.2% 13,967 10,806 10,742 +23.2% 10,746 9,382 7,615 9M/07 9M/08 2007 9M/07 9M/08 2007 Ebit (€m) Ebitda (€m) 596 312 +22.1% 391 321 +15.7% 128 149 9M/07 9M/08 2007 9M/07 9M/08 2007 4
Slide 5: Output volume by segment and region 9M 2008
Output volume by segment and region 9M 2008 Building Construction & Civil Engineering Transportation Infrastructures Rest of Rest of World Rest of World Rest of 10% Europe 3% Europe 4% 11% Germ any 33% CEE Germ any 38% 40% CEE 27% Austria 19% Austria Total: € 4,240 million 15% Total: € 4,226 million
Slide 6: Building Construction & Civil Engineering
Building Construction & Civil Engineering Key Indicators Comments 45% of group output volume – 54 % of group order backlog Russian output volume +115 %, CEE up 42%, compared to growth in segment’s output volume of +9% Order backlog increased by 22 % - Polish order backlog increased by 123 %, Russia’
Slide 7: Transportation Infrastructures
Transportation Infrastructures Key Indicators Comments Output volume rose by 32 % - largely due to increases in Germany and Czech republic Order backlog up 53 % (acquisition of Kirchhoff) Slight decrease of EBIT margin New large projects: – Moscow Raceway (€ 53 million) – Poland: Slupsk, DK 16, A1 f
Slide 8: Special Divisions & Concessions
Special Divisions & Concessions Key Indicators Comments Output volume +78 %, revenue +165 % (due to consortia) EBIT margin from +5.3 % in 9M 2007 to -1.3 % in 9M 2008 Order backlog increased by 21%, due to several new PPP projects in Germany and the project M6 in Hungary Output volume (€m) New large