Webinar of the Company's performance and results 9 months of

Transcription

1 Webinar of the Company's performance and results 9 months of

2 Contents About the Company Strategy for 2020 Main projects: implementation of strategy Key events in Q3 Financial results for 9 months of This year s top achievement Augustas Dragūnas, CFO Martynas Burba, Head of Communications Your questions Planned duration: 15 minutes + Your questions

3 ESO energy distribution operator taking care of 1.6 mln clients Electricity supply and distribution Natural gas distribution Guarantee supply 121,700 km Electricity line length 8,400 km Gas pipeline length Connection to electricity and gas systems Metering management Operation of distribution networks, maintenance, management and development 94,98 % Main shareholders is Lietuvos Energija, UAB EUR 770,3 million Capitalisation

4 ESO strategy +45% CAPEX Connection to gas system twice as fast Connection to electricity only 50 days GCSI 80 points

5 Main projects: implementation of strategy DISTRIBUTION MANAGEMENT SYSTEM (DMS) Main goal of the project: to establish a unified dispatch in two centers (location: Vilnius and Kaunas) SMALL LNG REGASIFICATION STATION Main goal of the project: to create the necessary infrastructure and to take necessary measures to ensure the continuous, reliable and safe natural gas supply SMART METERING Main goal of the project: SMART meter for all electricity customer and GAS customers consuming >500 m 3

6 Main events in Q3 Separation of public supply of electricity energy Signed contract on the lease of LNG station in Druskininkai Launched installation of internal electricity network at the customer s side Dalius Misiūnas Chairman of the Supervisory Board resignation EUR 41,1 mln. dividends for shareholders

7 Key financial indicators 478,8 Revenue () -6,8 % -32,5 Change in 446,3 EBITDA () 122,9 102,2-16,8 % -20,7 Change in 98,1 Adjusted EBITDA* () +6,5 % +6,3 Change in 104,4 72,4 Net profit () -21,7 % -15,73 Change in 56,7 *EBITDA was adjusted by the difference between the actual profit earned in the current and previous reporting periods and the permitted investment return established by the National Control Commission for Prices and Energy for the corresponding periods OPEX () CAPEX () -4,8 % -3,4 Change in +26,4 % 28,3 Change in Return on equity ratio (ROE) 15,46 % 12,90 % Return on assets (ROA) 8,44 % 6,79 % 71,60 68,1 107,2 135,5 twelve months twelve months

8 Electricity supply and distribution (1) 439,2 Revenue () -6,63 % -29,1 Change in 410,1 Expenses () 336,6-3,06 % -10,3 Change in 326,3 EBITDA () 102,6 83,8-18,32 % -18,8 Change in Distributed electricity via medium and low voltage networks (TWh) +2,88 % 0,19 Change in TWh Public and guarantee supply of electricity (TWh) +2,15 % 0,05 Change in TWh 6,60 6,79 2,33 3,38

9 Electricity supply and distribution (2) SAIDI (Min) SAIFI (Units) -39,2 min +0,03 144,7 105,5 0,96 0,99 New customers connection terms New contracts Twelve months -19,18 % 66,2 days -29,9 Change in days 46,4 days +11,9 %

10 Gas distribution (1) 39,5 Revenue () -8,6 % -3,4 Change in 36,1 19,2 Expenses () -7,8 % -1,5 Change in 17,7 20,3 EBITDA () -8,9 % -1,8 Change in 18,5 Distributed volume of natural gas (TWh) +4,2 % 0,2 Change in TWh SAIDI (Min) 0,41 min SAIFI (Units) 0,0 4,80 5,0 0,46 0,87 0,005 0,005

11 Gas distribution (2) New customers connection terms 6,5 % 145,4 days 9,5 Change in days 154,9 days New contracts +24,96 %

12 TOP achievement this year +22 places Doing business 2018: Getting Electricity 33rd place

13 It s time for your questions Thank you. We are ready for your questions Augustas Dragūnas, CFO Martynas Burba, Head of Communications