CORPORATE PRESENTATION

Transcription

1 CORPORATE PRESENTATION

2 Index 002 Introduction Abertis at a glance 206 Abertis in the world 308 Road Safety 410 Road Tech 512 The best partner for the infrastructure of the future 614 Solid results that grow each year 716 Focused on continuous growth 818 Committed to society and the environment 920 Responsible corporate governance

3 1 XXXXXXX XXXXXXXXXXXXXX 3 Together we move the world Abertis manages thousands of kilometers of high capacity, high quality roads around the world. We have only one priority: the safety of all travelers using our roads. We want to be a part of the solution to challenges associated with increasing global road travel. That s why our commitment to society focuses on long-term investments in high-quality infrastructure. We have been working for over 50 years to become a leader in the sustainable financing and management of the infrastructure of the future. Our track record makes us a trusted partner for governments. This is how we aim to build the foundations of our success, for the benefit of our employees, clients and partners. 2

4 1 International leader Abertis at a glance 5 We manage thousands of kilometers of high capacity, high quality roads around the world. 14 countries 8,650 kilometers 4 More than 16,500 collaborators Partnering with governments Financial strength and industrial experience Our long-term commitment and high quality services make us a trusted partner to governments. Abertis is a leader on one of today s greatest global challenges: the sustainable inancing of the infrastructure of the future. Long-term vision We want to be a part of the solution to problems associated with the increase in global traf ic. More than 50 years of experience Best practices Solid results: Revenue +13% Ebitda +20% Investments ( ) 12,000Mn Management excellence Safe and innovative roads Value creation We invest in technology and smart engineering to make sure our customers have the best experience. We combine commitment to our shareholders and employees with our contribution to the growth of the countries in which we operate. Global road safety campaigns 2016 Figures Mobility innovation Leaders in free-flow toll systems Dividends Committed to ( ) society and the 5,000Mn environment Over 1,800Mn in tax contributions Responsibility and transparency

5 2 Puerto Rico Abertis in the world 90 km 70 Italy 236 km 990 Argentina 175 km 2,220 France 2,039 km 2,700 India 152 km 47. Spain 1,777 km 1,900 Other stakes Brazil Chile 3,250 km 5, km 1, Figures Mobility technology Payment systems Concessions 86km 74km Colombia United Kingdom Telecommunications 91% 34% 7 6

6 8 3 Road Safety, our priority We are committed to continuous improvement in road safety worldwide. 95 Presentación 2. Abertis en el Corporativa mundo 2017 Abertis Road Safety program capitalizes on more than 50 years of knowledge and experience in road construction and management with the highest standards of quality. We invest in technology and smart engineering to make sure our customers have a smooth experience using our roads. We apply advanced construction and management practices and collaborate with world-class institutions and organisations. Each year we launch awareness-raising initiatives for groups such as children and young people, while promoting university research programs. Since 2017 we have been partnering with UNICEF to help them with their initiatives to fight the main cause of death of children in school age: road accidents. Continuous investment 47 Mn in 2016 Accident reduction Reduction in the number of victims 12% 24% TOGETHER FOR SAFER ROADS

7 10 4 Road Tech Toward a smarter, safer and more sustainable mobility Abertis is committed to finding solutions to the mobility challenges of the future Presentación 2. Abertis en el Corporativa mundo 2017 We manage roads in an efficient and modern way, innovating in technology and investing in smart engineering programs for a sustainable future. Abertis Road Tech program drives projects that focus on the new challenges facing mobility, such as electric, connected or self-driving vehicles. The Group also leads on innovation in the digitalization of road payment methods and mobility solutions through the implementation of free flow toll projects in numerous countries. Projects Electric vehicle Connected and self-driving vehicle Generating ideas Issuers of payment methods Free flow and toll charging technology

8 12 5 A Our partners trusted partner for the infrastructure of the future 13 Abertis wants to be the trusted partner to both governments and companies, to contribute to one of today s global challenges: the sustainable financing of the infrastructure of the future. Fostering public-private partnerships Our track record of collaboration with governments brings alive the advantages of public-private partnership systems: Efficient management of public assets Sustainable mobility solutions Boost to economic development Public-private partnerships Investment agreements in exchange for extensions to concession terms France 750 Mn Relance Plan I Relance Plan II Brazil 2,000 Arteris network improvement plan Chile 800 Autopista Central and del Sol Puerto Rico 125 Extension of PR-22 and PR-5 Italy 1,500 North Link Argentina 450 Mn Mn Mn Mn Mn GCO and Ausol network improvements

9 14 6 Solid results that grow each year Growth across all figures (2016) Revenue 4,936 Mn 8% 9% 15% 3% Spain Revenue France Ebitda Net profit Investment 3,240 Mn 796 Mn 2,600 Mn +13% +20% +13% x2.5 5% 5% 26% 34% 5% 11% 11% 2% Ebitda 32% 34% Italy Brazil Chile Rest Hispasat We offer our shareholders the best growth and yield combination Efficient balance sheet management (2016) 2,000 in issued bonds Rating Fitch BBB+ S&P BBB 90% Long-term debt 3.1% Corporate debt cost Increasing shareholder remuneration Dividends 5, Mn Mn Strategic objective +10% per year % Fixed rate debt x4.4 Debt cost/ Ebitda Cumulative share yield 70% third quarter results Revenue 4,186 Mn Ebitda Net profit Investment 2,754 Mn 735 Mn 3,200 Mn +16% +14% +2% Ordinary accrued dividends ( Mn) +11% Dividend per share ( Mn)

10 16 7 Focused on continuous growth Abertis focuses on disciplined growth in markets with solid and trusted legal frameworks. 17 The Group analyzes all projects under a strict financial discipline, from the perspective of the industrial role that characterizes the company. In 2016 Abertis has continued to strengthen its international presence with its entry into two new markets: Italy and India. The Group also seeks growth among its existing asset base through transactions that strengthen control. In 2017, Abertis has increased its stake both in French subsidiary Sanef up to 100% and Italian A4 Holding up to almost 90%. 12,000 Mn in investments in France Italy Chile Puerto Rico India Brazil Acquisition of up to 100% of HIT (Sanef) Acquisition of up to 86% of A4 Holding Control of 100% of Autopista Central 10-year extension to the Metropistas concession Acquisition of two roads Acquisition of Via Paulista

11 18 8 Commitment to Society and the Environment We want to contribute to the growth of the countries in which we operate, not only from a purely economic perspective, but also through the social impact of our activities: with our dividends and salaries, improved road infrastructure resulting from our continuous investment, territorial development in terms of our relationship with suppliers and clients or the financing of wellbeing through taxes, among others. We are commited to a fair and inclusive work environment where the contribution from each employee is valued. We promote diversity through our hiring, internal promotion and training and development programs. Through the Abertis Foundation, we develop a broad program of partnerships with society focusing on projects linked to road safety, the environment, culture and social inclusion. 19 Fiscal contribution 1,825 Mn in % Executive positions filled through internal promotion 18% Workplace accidents

12 20 9 Responsible Corporate Governance Good Corporate Governance is an essential factor for sustainability and long-term growth. 21 Abertis has adjusted the composition of its Board of Directors to its new shareholders structure, where free-float has exceeded 75% in the last two years. As a commitment to transparency, Abertis complies with Good Governance regulations applicable to listed companies and with the majority of the recommendations of the Code of Good Governance. 15 Directors 9 6 Independent (60%) Women (40%) Shareholder structure 78% Total Free Float 22% Criteria Caixa 8.25% Treasury shares

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