INDUSTRIAL HOLDING BULGARIA AD · 5 December 2017 Investor’s Day Daneta Zheleva, CEO The...
Transcript of INDUSTRIAL HOLDING BULGARIA AD · 5 December 2017 Investor’s Day Daneta Zheleva, CEO The...
INDUSTRIAL HOLDING BULGARIA AD
Investor’s Day December 5, 2017
Daneta Zheleva CEO
INTEGRITY, HONESTY, BELIEF
CONTENTS
INDUDSTRIAL HOLDING BULGARIA AT A GLANCE
INVESTMENT PORTFOLIO
FINANCIAL INFORMATION
MARIRIME TRANSPORT
SHIPBUILDING AND SHIPREPAIR
PORT ACTIVITIES
MACHINEBUILDING
NON-FINANCIAL INFORMATION
CORPORATE GOVERNANCE
IHB AT A GLANCE
5 December 2017 Investor’s Day Daneta Zheleva, CEO
KRZ PORT BOURGAS JSco
Strong Brands Market positions
Effective diversification
Indexes
SOFIX BGTR30
BG40
Free float
43.7%
Market
capitalization
72.8 mln. BGN
… Revenue by segments in mln. BGN … operational profit by segments in mln. BGN
25.0
12.0
8.8
23.9
0.7
1.9
0.5
3.1
3.9
-0.6
Information as of 30.11.2017
Consolidated data as of 30.09.2017
INVESTMENT PORTFOLIO
MARITIME
TRANSPORT
IHB Shipping
Five Ship companies
PORT ACTIVITIES KRZ Port Bourgas
Bulport logistics
Odessos PBM-Varna
MACHINEBUILDING ZMM Bulgaria holding
ZMM Sliven
ZMM Nova Zagora
IHB Metal Casting
SHIPBUILDING AND SHIPREPAIR
BULYARD Shipbuilding industry
IHB Shipdesign
3.9%
50.7% 14.0%
31.1%
204 mln. BGN
Information as of 30.11.2017
5 December 2017 Investor’s Day Daneta Zheleva, CEO
FINANCIAL INFORMATION
EBITDA
20.5
mln. BGN
Margin
29.1% 2016: 17.8%
NET PROFIT
3.6
mln. BGN
Margin
5.1% 2016: - 8.9%
EBIT
8.8
mln. BGN
Margin
12.5% 2016: -0.6%
REVENUE
70.4
mln. BGN
Growth
13.0% 2016: -16.5%
Consolidated data as of 30.09.2017
5 December 2017 Investor’s Day Daneta Zheleva, CEO
Skilled management
Operational cost 70% of OpCost
Bulgarian crews Volatile market
Increasing interests
Ecological norms
MARITIME TRANSPORT
Revenue
27.9
3-year CAGR 2016 (in mln. BGN)
… Perspectives 2018
89.6%
30.09.2017 (as % of 2016)
-18.6%
EBITDA
5.0 174.1% -30.9%
Net assets
129.5 88.6% 2.8%
5 December 2017 Investor’s Day Daneta Zheleva, CEO
Specific assets
Ship design capabilities
Revenue difersification Personnel
Energy and metal prices
Crisis in the Maritime sector
SHIPBUILDING AND SHIPREPAIRS
Revenue
13.4
3-year CAGR 2016 (in mln. BGN)
… Perspectives 2018
89.2%
30.09.2017 (as % of 2016)
12.8%
EBITDA
0.5 493.1% -2.2%
Net assets
87.5 100.6% 2.8%
5 December 2017 Investor’s Day Daneta Zheleva, CEO
Development potential for two of our ports
License regime
Speed and quality Dependance on regional economy and demography
Competition at regional level
Specialization
PORT ACTIVITIES
Revenue
10.7
3-year CAGR 2016 (in mln. BGN)
… Perspectives 2018
82.4%
30.09.2017 (as % of 2016)
15.4%
EBITDA
5.7 84.0% 20.9%
Net assets
84.0 101.3% 21.5%
5 December 2017 Investor’s Day Daneta Zheleva, CEO
Strong brand
Professional team
Vertical integration Personnel
Strong competition from Asia
Energy and metal prices
MACHINEBUILDING
Revenue
30.3
3-year CAGR 2016 (in mln. BGN)
… Perspectives 2018
79.0%
30.09.2017 (as % of 2016)
-5.6%
EBITDA
4.4 113.2% -11.2%
Net assets
41.3 103.2% -3.1%
5 December 2017 Investor’s Day Daneta Zheleva, CEO
NON-FINANCIAL INFORMATION
PERSONNEL Correct legal labor relations Professional qualification and development Dedication and teamwork
DIRECTLY EMPLOYED As of 30.09.2017
1 081 CLIENTS Honest business relations Reliable and correct partner SHAREHOLDERS Transparency Information Variety of corporate instruments
NET PROFIT FOR THE PERIOD 01-09.2017
3.6 mln. BGN
SUPPLIERS Added value beyond our own business
PAYMENTS TO SUPPLIERS FOR THE PERIOD 01-09.2017
32.0 mln. BGN
SOCIETY Responsive to social problems Corpotare responsibility
TAXES AND SOCIAL SECURITY for 2016
4.5 mln. BGN
5 December 2017 Investor’s Day Daneta Zheleva, CEO
CORPORATE GOVERNANCE
CGIX (Corporate
Governance IndeX)
National Code of
Corporate Governance
Diversity Policy
Code of Ethics
5 December 2017 Investor’s Day Daneta Zheleva, CEO
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.
www.bulgariaholding.com
E-mail [email protected]
Тел.: (+359) (2) 980 71 01, 981 55 06
Факс: (+359) (2) 980 70 72
1142 София, ул. Проф. Фритьоф Нансен 37A,
България