INDUSTRIAL HOLDING BULGARIA AD

Transcription

1 INTEGRITY, HONESTY, BELIEF INDUSTRIAL HOLDING BULGARIA AD Investor s Day December 5, 2017 Daneta Zheleva CEO

2 CONTENTS INDUDSTRIAL HOLDING BULGARIA AT A GLANCE INVESTMENT PORTFOLIO FINANCIAL INFORMATION MARIRIME TRANSPORT SHIPBUILDING AND SHIPREPAIR PORT ACTIVITIES MACHINEBUILDING NON-FINANCIAL INFORMATION CORPORATE GOVERNANCE

3 IHB AT A GLANCE Market positions Strong Brands Indexes SOFIX BGTR30 BG40 Free float 43.7% Market capitaliza tion 72.8 mln. BGN KRZ PORT BOURGAS JSco Information as of Revenue by segments in mln. BGN Effective diversification operational profit by segments in mln. BGN Consolidated data as of

4 INVESTMENT PORTFOLIO MACHINEBUILDING ZMM Bulgaria holding ZMM Sliven ZMM Nova Zagora IHB Metal Casting PORT ACTIVITIES KRZ Port Bourgas Bulport logistics 14.0% Odessos PBM-Varna 3.9% 204 mln. BGN 31.1% 50.7% MARITIME TRANSPORT IHB Shipping Five Ship companies SHIPBUILDING AND SHIPREPAIR BULYARD Shipbuilding industry IHB Shipdesign Information as of

5 FINANCIAL INFORMATION REVENUE Growth 13.0% 2016: -16.5% EBIT Margin 12.5% 2016: -0.6% 70.4 mln. BGN 8.8 mln. BGN EBITDA Margin 29.1% 2016: 17.8% NET PROFIT Margin 5.1% 2016: - 8.9% 20.5 mln. BGN 3.6 mln. BGN Consolidated data as of

6 MARITIME TRANSPORT Skilled management Operational cost 70% of OpCost 3-year CAGR 2016 (in mln. BGN) -18.6% Revenue (as % of 2016) 89.6% Bulgarian crews Volatile market Increasing interests Ecological norms -30.9% 2.8% EBITDA % Net assets % Perspectives 2018

7 SHIPBUILDING AND SHIPREPAIRS Specific assets Ship design capabilities Revenue difersification Personnel Energy and metal prices 3-year CAGR 2016 (in mln. BGN) 12.8% -2.2% Revenue (as % of 2016) 89.2% EBITDA % Crisis in the Maritime sector 2.8% Net assets % Perspectives 2018

8 PORT ACTIVITIES Development potential for two of our ports 3-year CAGR 2016 (in mln. BGN) (as % of 2016) Speed and quality License regime 15.4% Revenue % Dependance on regional economy and demography Competition at regional level Specialization 20.9% 21.5% EBITDA % Net assets % Perspectives 2018

9 MACHINEBUILDING Strong brand Professional team Vertical integration 3-year CAGR 2016 (in mln. BGN) -5.6% Revenue (as % of 2016) 79.0% Personnel Strong competition from Asia Energy and metal prices -11.2% -3.1% EBITDA % Net assets % Perspectives 2018

10 NON-FINANCIAL INFORMATION PERSONNEL Correct legal labor relations Professional qualification and development Dedication and teamwork CLIENTS Honest business relations Reliable and correct partner SHAREHOLDERS Transparency Information Variety of corporate instruments SUPPLIERS Added value beyond our own business SOCIETY Responsive to social problems Corpotare responsibility DIRECTLY EMPLOYED As of NET PROFIT FOR THE PERIOD mln. BGN PAYMENTS TO SUPPLIERS FOR THE PERIOD mln. BGN TAXES AND SOCIAL SECURITY for mln. BGN

11 CORPORATE GOVERNANCE National Code of Corporate Governance Diversity Policy Code of Ethics CGIX (Corporate Governance IndeX)

12 The information, statements and opinions expressed during the meeting (written and oral) regarding future expectations, trends and other similar events are based on current views and estimates of management. They depend on factors beyond the control of Industrial Holding Bulgaria PLC and therefore, are of uncertain nature and shall not be regarded a reliable source of future outcomes. Neither Industrial Holding Bulgaria PLC, nor any of its representatives, directors or employees shall be liable for any losses that may result from use of information provided during the meeting. The information, statements and opinions disclosed during the meeting are given for information purposes only; they cannot be interpreted as a recommendation for purchase of securities or financial instruments, and should not be relied upon as the only basis for making an investment decision. The information and opinions expressed during the meeting are current as of the date of holding the meeting and may be changed without prior announcement. The company undertakes no obligation to update any information or statements made during the meeting unless required to do so by law. office@bulgariaholding.com Тел.: (+359) (2) , Факс: (+359) (2) София, ул. Проф. Фритьоф Нансен 37A, България