Annual Results 2011 Analyst presentation 29 February 2012

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Annual Results 2011 Analyst presentation 29 February 2012"

Transcription

1 Annual Results Analyst presentation 29 February 2012

2 Forward-looking statement This document contains statements of a forward-looking nature, based on currently available plans and forecasts. Given the dynamics of the markets and the environments of the 31 countries in which Vopak renders logistics services, the company cannot guarantee the accuracy and completeness of forward-looking statements. Unforeseen circumstances include, but are not limited to, exceptional income and expense items, unexpected economic, political and foreign exchange developments, and possible changes to IFRS reporting rules. Statements of a forward-looking nature issued by the company must always be assessed in the context of the events, risks and uncertainties of the markets and environments in which Vopak operates. These factors could lead to actual results being materially different from those expected. 2

3 Global mega trends drive Vopak s markets Population growth, mainly GDP growth in non-oecd Increasing (sustainable) Increasing need transport and non-oecd energy need mobility 3

4 Strengthening Vopak s competitive position in a period of worldwide challenges Financial turmoil and economic uncertainties Socio-economic unrests (e.g. Arab-spring ) Geopolitical challenges 4

5 Contents Achievements Business environment Growth projects Business performance Financing Outlook 5

6 Robust results in Storage capacity In mln cbm Occupancy rate In percent % EBITDA Development* In mln EUR +6% * Excluding exceptional items; including net result from Joint Ventures 6

7 Personal and process safety Total Injury Rate Total injuries per million hours worked by own employees The lost time injury rate (LTIR) Total injuries leading to lost time per million hours worked by own employees and contractors -15% % Process Incidents # incidents +16%

8 Focused strategy to execute A B C Growth Leadership Operational Excellence Customer Leadership Our ability to find or identify the right location for our terminals Our ability to construct, operate and maintain our terminals to deliver our service at competitive costs Our ability to create a relationship with our customers Our Foundation Safety, Health and Environment Our People 8

9 A Various projects completed in Storage capacity decreases by 1.0 million cbm Commissioned Acquired Divestment Terminal Bahamas 3,400,000 cbm; oil products Amsterdam Westpoort (1) 620,000 cbm; oil products Kandla 261,600 cbm; chemicals Altamira Altamira LNG terminal 300,000 cbm; LNG Gate terminal 540,000 cbm; LNG Note: Above examples not representative of all projects completed in. 9

10 B Strengthening competitive position: improve safety performance and efficiency Safety Efficiency Improving safety performance Reinforce our Vopak Fundamentals on Safety Operational efficiency improvements Focus on master plans 10

11 C Serving markets from a product perspective Product strategy Understand basic technology Understand imbalances Understand trade flow dynamics Account Management Customer segmentation Access to the right people Understand customer s strategy Winning clients and ports Portfolio of Terminals Port Attractiveness Relevance for Network Pro-active approach 11

12 Contents Achievements Business environment Growth projects Business performance Financing Outlook 12

13 Global energy product trends drive Vopak s market Oil products Chemical products Biofuels & Vegoils LNG Global Crude oil trade business Europe s gasoline surplus Europe s deficit for middle distillates Asia s deficit for Fuel Oil Feedstock advantage in ME Renewed Gulf re-emerges due to shale gas Rationalization in Europe Politics, annual harvest and demand growth will lead to increased flows between US- Brazil-Europe-Asia A globalizing natural gas market with new business models LNG growth due to imbalances, security of supply and environmental push 13

14 Contents Achievements Business environment Growth projects Business performance Financing Outlook 14

15 Global products trends resulting in company growth through healthy demand for storage capacity Capacity developments In mln cbm Divestments Occupancy rate In percent Expansions New terminals Expansions New terminals %

16 Various projects under construction Total storage capacity under construction 6.0 million cbm Under construction Eemshaven 660,000 cbm; oil products Amsterdam Westpoort (2) 570,000 cbm; oil products Hainan 1,350,000 cbm; oil products Algeciras 403,000 cbm; oil products Europoort 400,000 cbm; oil products Fujairah 606,000 cbm; oil products Pengerang 1,278,000 cbm; oil products Note: Above examples not representative of all projects under construction. 16

17 Vopak expects to realize an EBITDA between EUR million in

18 Contents Achievements Business environment Growth projects Business performance Financing Outlook 18

19 Results in line with outlook Storage capacity In mln cbm Occupancy rate In percent % EBITDA Development* In mln EUR +6% * Excluding exceptional items; including net result from Joint Ventures 19

20 Financial overview 6% EBITDA growth 5% EBIT growth 4% EPS growth Proposal cash dividend of EUR 0.80 per share (+14%) Adequate funding of growth strategy secured Note: Excluding exceptional items; including net result from Joint Ventures 20

21 Global mega trends resulting in a robust demand for tank terminal services Population growth, mainly GDP growth in non-oecd Increasing (sustainable) Increasing need transport and non-oecd energy need mobility 21

22 Contribution of Vopak value drivers in the past and present Past Present Present Future > Occupancy improvements Playing field between 90-95% Operational efficiency gains Capacity expansion 22

23 Focused strategy delivers results EBITDA Development 2006-* In mln EUR +102% Healthy occupancy rate Improved revenue per cubic meter Effective cost management Storage capacity growth 2006 Divestments FX result EBITDA improvements * Excluding exceptional items; including net result from Joint Ventures 23

24 Contract duration portfolio did not change significantly since 2008 Contract position 2008 In percent of revenues Contract position In percent of revenues 20% < 1 year 19% < 1 year > 3 year 39% > 3 year 44% 41% 1-3 year 37% 1-3 year 24

25 Transition year in line with outlook Revenues In million EUR 1, , % EBIT* In million EUR % Net profit* In million EUR % Earnings per share* In EUR % * Including net result from Joint Ventures. Note: Excluding exceptional items. 25

26 Revenue developments supported by robust demand for storage capacity Storage capacity In mln cbm Subsidiaries Joint ventures

27 Healthy occupancy rates between 90-95% Occupancy rate In percent 90-95% Q Q Q Q Q Q Q Q Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 27

28 Except from North America, all divisions contribute to 6% revenue growth North America OEMEA Asia % % % Latin America CEMEA % % Note: Revenues in million EUR. 28

29 EBIT excluding exceptional items increased by 5% to EUR million In mln EUR In mln EUR Delta In percent Operating profit % Net result Joint Ventures % EBIT incl. exceptional items % Exceptional gain (loss) (3.3) EBIT excl. exceptional items % Net profit % 29

30 63% of EBIT generated in non-euro currencies EBIT transactional currencies In percent Other 24% USD 11% FX translation-effect on EBIT In mln EUR OEMEA 0.2 CEMEA 0.4 EUR 37% 28% SGD Transactional currency exchange risks are limited As a rule revenues, costs and financing are denominated in the same currency Asia 5.4 North America 1.6 Latin America 0.7 Non allocated 0.1 Total 2.6 Note: Excluding exceptional items. 30

31 5% EBIT increase mainly driven by Asia, Global LNG, OEMEA, and Latin America North America OEMEA Asia % % % Latin America CEMEA Global LNG % % Note: EBIT in million EUR; Excluding exceptional items; including net result from Joint Ventures 31

32 Net result from Joint Ventures increases with 8% North America OEMEA Asia %* % % Latin America CEMEA Global LNG % % -2,0 9.9 * Due to the sale of Vopak s 20% equity stake in BORCO (Bahamas). Note: Results JVs in million EUR; Excluding exceptional items. 32

33 IFRS equity accounting versus proportionate consolidation Revenues Subsidiaries (Equity method) 1, , % Revenues Incl. proportionate consolidation JVs tank storage 1, , % EBITDA Subsidiaries* (Equity method) EBITDA Incl. proportionate consolidation JVs tank storage % % * Including net result from Joint Ventures. Note: In million EUR; Excluding exceptional items. 33

34 Further optimizing the organization structure Former situation Current situation CEMEA OEMEA The Netherlands EMEA The former divisions Vopak Chemicals EMEA and Vopak Oil EMEA The current divisions Vopak Netherlands and Vopak EMEA as of 1 January

35 Pro forma results new division structure Netherlands and EMEA Revenues Netherlands EBIT Netherlands* Results JVs Netherlands % % % Revenues EMEA EBIT EMEA* Results JVs EMEA % % % * Including net result from Joint Ventures. Note: In million EUR; Excluding exceptional items. 35

36 Vopak is well positioned to maintain healthy EBIT(DA) margins EBIT(DA) Margin* In percent EBITDA Margin EBIT Margin Focus on logistic efficiency improvements for our clients has led to increased EBIT(DA) margins * Excluding exceptional items; excluding Net result from Joint Ventures. 36

37 Proposed dividend amounts to EUR 0.80 per ordinary share Dividend share of EPS 2006-** In EUR Dividend share of EPS % % * Excluding exceptional items; attributable to holders of ordinary shares. ** Excluding exceptional items; historical figures adjusted for 1:2 share split effectuated May 17,. 37 Dividend policy: Barring exceptional circumstances, the intention is to pay an annual cash dividend of 25-40% of the net profit*

38 Various other topics Net Finance costs aligned with expansion program. I III See appendix for further details Vopak s Pensions. Effective tax rate. Sources and uses of cash in. Accounting consequences: IAS 19 Employee Benefits II effective for V III 38

39 Quarterly EBIT development Solid year-on-year growth EBIT 2009 EBIT EBIT EBIT development per Quarter* In mln EUR % % % % Q1 Q2 Q3 Q4 * Excluding exceptional items. 39

40 Chemicals EMEA Encouraging demand for chemical storage services Capacity developments In mln cbm EBIT development per Quarter* In mln EUR EBIT EBIT End Div. Exp. End Occupancy rate FY FY 89% 90% % % % % 22.2 Q1 Q2 Q3 Q4 * Excluding exceptional items. 40

41 Oil EMEA Robust market conditions in the storage and handling of oil products EBIT development per Quarter* In mln EUR EBIT EBIT Capacity developments In mln cbm End 0.00 Div Exp End Occupancy rate FY FY 95% 94% % % % % 47.3 Q1 * Excluding exceptional items. Q2 Q3 Q4 41

42 Asia Continuous growth in Asia Capacity developments In mln cbm EBIT development per Quarter* In mln EUR EBIT EBIT End Div. Exp. End Occupancy rate FY FY 92% 94% +29% +15% +5% +1% Q1 Q2 Q3 Q4 * Excluding exceptional items. 42

43 North America Encouraging finish in a transition year Capacity developments In mln cbm EBIT development per Quarter* In mln EUR EBIT EBIT End Div. Exp. End Occupancy rate FY FY 94% 93% % % % % 8.9 Q1 * Excluding exceptional items. Q2 Q3 Q4 43

44 Latin America Healthy demand for chemicals and palm oil Capacity developments In mln cbm End Div. Exp. End EBIT development per Quarter* In mln EUR EBIT EBIT Occupancy rate FY FY 90% 89% 0% -10% +6% +60% Q1 Q2 Q3 Q4 * Excluding exceptional items. 44

45 Results in HY2 fuelled by expansions Revenues In million EUR % EBIT* In million EUR % HY2 HY2 HY2 HY2 Net profit* Earnings per share* In million EUR In EUR % +14% HY2 45 HY2 * Including net result from Joint Ventures. Note: Excluding exceptional items. HY2 HY2

46 Capacity growth will continue in the future Capacity developments In mln cbm Divestments* Expansions New terminals Expansions New terminals * Including net change at various terminals (including decommissioning). 46

47 Various projects completed in On time and within budget Commissioned Acquired Divestment Terminal Bahamas 3,400,000 cbm; oil products Amsterdam Westpoort (1) 620,000 cbm; oil products Kandla 261,600 cbm; chemicals Altamira LNG terminal 300,000 cbm; LNG Gate terminal 540,000 cbm; LNG Note: Above examples not representative of all projects completed in. 47

48 Expansion projects progressing well Total storage capacity under construction 6.0 million cbm Under construction Eemshaven 660,000 cbm; oil products Amsterdam Westpoort (2) 570,000 cbm; oil products Hainan 1,350,000 cbm; oil products Algeciras 403,000 cbm; oil products Europoort 400,000 cbm; oil products Fujairah 606,000 cbm; oil products Pengerang 1,278,000 cbm; oil products Note: Above examples not representative of all projects under construction. 48

49 Various projects under study Under study Perth Amboy Oil products Fos-sur-Mer LNG Bahia Las Minas Oil products Bioko Island Oil products West-Java LPG 49

50 Total investments Total investments In mln EUR Total expansion CAPEX Group companies and JVs In mln EUR Remaining Vopak share in Capex (Group Capex / equity share in JVs) ~1400 ~500 Other Capex* ~1,400 ~ Total Capex (6.0 mln cbm under construction) ~1, Average yearly Sustaining Capex ~EUR mln * Group Capex spend; contributed Vopak equity share in JVs; total partners equity share in JVs; total non recourse financing in JVs. 50

51 Contents Achievements Business environment Growth projects Business performance Financing Outlook 51

52 5 Strategic finance Net senior debt : EBITDA ratio * Maximum Ratio under current US PP program Maximum Ratio under other PP programs and syndicated revolving credit facility * Based on Dutch GAAP. 52

53 Various other financing topics VI Debt funding program further strengthened during. Maturity of debt funding further enhanced. VII See appendix for further details Balanced debt repayment schedule. VIII 53

54 Contents Achievements Business environment Growth projects Business performance Financing Outlook 54

55 Contribution of Vopak value drivers in the future Past Present Present Future > Occupancy improvements Playing field between 90-95% Operational efficiency gains Capacity expansion 55

56 Outlook assumptions ~x% Share of EBIT Oil products Chemicals Industrial terminals Biofuels & Vegoils LNG ~60% ~ % ~12.5% ~7.5-10% <1% Robust Encouraging Solid Mixed Solid 2013 ~60-65% ~ % ~7.5-10% ~5-7.5% 2.5-5% Note: width of the boxes do not represent actual percentages. 56

57 Vopak expects to realize an EBITDA of between EUR million in 2013 EBITDA Development and guidance In EUR mln Historical results Guidance/Outlook Long-term guidance ROCE average 16% Note: Excluding exceptional items; including Net result from Joint Ventures 57

58 Vopak expects to realize an EBITDA of between EUR million in % EBITDA growth 5% EBIT growth 4% EPS growth Proposal cash dividend of EUR 0.80 per share (+14%) Adequate funding of growth strategy secured Note: Excluding exceptional items; including net result from Joint Ventures 58

59 Forward-looking statement This document contains statements of a forward-looking nature, based on currently available plans and forecasts. Given the dynamics of the markets and the environments of the 31 countries in which Vopak renders logistics services, the company cannot guarantee the accuracy and completeness of forward-looking statements. Unforeseen circumstances include, but are not limited to, exceptional income and expense items, unexpected economic, political and foreign exchange developments, and possible changes to IFRS reporting rules. Statements of a forward-looking nature issued by the company must always be assessed in the context of the events, risks and uncertainties of the markets and environments in which Vopak operates. These factors could lead to actual results being materially different from those expected. 59

60 Royal Vopak Westerlaan 10 Tel: CK Rotterdam Fax: The Netherlands

61 I Net Finance costs aligned with expansion program Net finance costs In mln EUR Net finance costs * In mln EUR Interest and dividend income 4.6 Finance costs Net finance costs Net interest bearing debt In mln EUR Average interest rate In percent , , , * The increase is mainly attributable to the exceptional loss of EUR 5.0 million related to the sale of Vopak s 20% equity stake in BORCO (Bahamas). 61

62 II Effective tax rate Tax In mln EUR % Effective Tax Rate In percent EUR million of book gain on the sale of our 20% equity stake in BORCO (Bahamas) is exempted for tax purposes Excluding exceptional items, the effective tax rate for amounted to 19.5% 62

63 III Sources and uses of cash in Consolidated Statement of Cash Flows In mln EUR Net Cash position 1/1/* Gross operating cash flow Net finance costs Tax paid Divestments Investments Derivative Settlement Financing activities FX / (de)consolidation Net Cash position 31/12/* * Including bank overdrafts. 63

64 IV Vopak s Pensions Vopak s Pension obligations In percent Other 20% Dutch 83% Cover ratio ultimo Other 17% is 106% 80% Dutch Dutch Pension Fund Highlights Return was 5% in Pension contribution to remain at the same, maximum level of 30% An additional contribution of EUR 50 million in 64

65 V Accounting consequences: IAS 19 Employee Benefits effective for 2013 Removal 10% corridor approach Only service and net finance cost in P&L Higher volatility in net pension liability Rest of changes (i.e. remeasurements) in other comprehensive income, including the first time recognition of the 10% corridor (EUR million) Immediate recognition of the unrecognized actuarial gains and losses through equity, which amounted to EUR million at 1 January 2012 for the financial statements 2013 (comparable figures 2012)* Discount rate expected return plan assets The discount rate used to measure the defined benefit obligation will also be used for the expected returns on plan assets, which generally is a lower rate than used under current IAS 19 * See page 90 Annual Report. Note: Effectively at 1 January

66 VI Debt funding program further strengthened during Renewal RCF 2 February EUR 1.2 bln revolving credit facility (RCF) Maturity years Extension with 1 year Renewal RCF 2 February 2012 EUR 1.1 bln revolving credit facility (RCF) Maturity years 66

67 VII Maturity of debt funding further enhanced Covenant US PP Asian PP RCF Term Maximum Net Senior Debt/ EBITDA SGD2009 SGD JPY PP EUR 1.2 bln Additional headroom when financed with subordinated debt Minimum EBITDA / Net Interest Payable - Up to 4.25 > > 3.75 > Amount outstanding USD USD USD 65 mln 375 mln 674 mln SGD SGD JPY 210 mln 225 mln 20 bln EUR 100 mln Redemption payment * * On 2 February 2012, extension of the facility with one additional year (EUR 1.1 billion). Note: PP = Private Placement and RCF = Revolving Credit Facility 67

68 VIII Balanced debt repayment schedule Overall weighted average interest rate 4.7% 50 Debt repayment schedule In mln EUR * * On 2 February 2012, revolving credit facility extension with one additional year (EUR 1.1 billion). 68

21 AUGUST 2015 ANALYST PRESENTATION. HY1 2015 results

21 AUGUST 2015 ANALYST PRESENTATION. HY1 2015 results 21 AUGUST ANALYST PRESENTATION results Forward-looking statements This presentation contains forward-looking statements, based on currently available plans and forecasts. By their nature, forward-looking

More information

TRADING UPDATE YTD Q3 2015 RESULTS ROYAL VOPAK 6 NOVEMBER 2015 ANALYST PRESENTATION

TRADING UPDATE YTD Q3 2015 RESULTS ROYAL VOPAK 6 NOVEMBER 2015 ANALYST PRESENTATION TRADING UPDATE YTD Q3 RESULTS ROYAL VOPAK 6 NOVEMBER ANALYST PRESENTATION FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements, based on currently available plans and forecasts.

More information

Vopak reports on 2014

Vopak reports on 2014 Vopak reports on 2014 Rotterdam, the Netherlands, 27 February 2015 In EUR millions 2014 2013 Revenues 1,322.5 1,295.2 2% Results -excluding exceptional items- Group operating profit before depreciation

More information

Full Year Results 2014

Full Year Results 2014 Full Year Results 2014 18 March 2015 Conference call on FY Results 2014 Corporate Finance & Investor Relations AGENDA FY 2014 results presentation Highlights 2014 Financials 2014 Outlook 2015 Appendix

More information

Full Year Results 2012. Conference Call Presentation, 21 st March 2013

Full Year Results 2012. Conference Call Presentation, 21 st March 2013 Full Year Results 2012 Conference Call Presentation, 21 st March 2013 0 Disclaimer This presentation may contain forward-looking statements based on current assumptionsandforecastsmadebybrenntag AG and

More information

Half year results 2011

Half year results 2011 Half year results 2011 29 July 2011 Bert De Graeve, Chief Executive Officer Bruno Humblet, Chief Financial Officer Address by Bert De Graeve, Chief Executive Officer Introductory remark The consolidated

More information

Full Year 2015 Results

Full Year 2015 Results Full Year 2015 Results 16 March 2016 Conference call on FY 2015 results Corporate Finance & Investor Relations AGENDA FY 2015 results presentation Highlights 2015 Financials 2015 Outlook 2016 Appendix

More information

Conference Call Q3-2015/2016 GEROLD LINZBACH, CEO I DIRK KALIEBE, CFO. February 10, 2016 ON THE RIGHT TRACK

Conference Call Q3-2015/2016 GEROLD LINZBACH, CEO I DIRK KALIEBE, CFO. February 10, 2016 ON THE RIGHT TRACK Conference Call Q3-2015/2016 GEROLD LINZBACH, CEO I DIRK KALIEBE, CFO February 10, 2016 ON THE RIGHT TRACK On the right track Heidelberg is on track - the improvement in results due to the strategic realignment

More information

Conference Call Q1-2015/2016

Conference Call Q1-2015/2016 Conference Call Q1-2015/2016 DIRK KALIEBE August 12, 2015 Highlights Q1-2015/2016 Strategic reorientation is taking effect Good order situation, improved backlog Strong revenue growth due to solid order

More information

2013 Half Year Results

2013 Half Year Results 2013 Half Year Results Erwin Stoller, Executive Chairman Joris Gröflin, Chief Financial Officer Agenda 1. Introduction and summary of first half year 2013 2. Financial results first half year 2013 3. Outlook

More information

2013 Second Quarter Review July 26, 2013 1

2013 Second Quarter Review July 26, 2013 1 213 Second Quarter Review July 26, 213 1 Panalpina Group Basel, July 26, 213 213 Second Quarter Review 213 Second Quarter Review July 26, 213 2 Highlights and key figures Operating and financial review

More information

Conference call on 2014 half year results 13 August 2014

Conference call on 2014 half year results 13 August 2014 Conference call on 2014 half year results 13 August 2014 IMCD IMCD Group N.V. Disclaimer Forward looking statements This half year report contains forward looking statements. These statements are based

More information

Year-end Report January-December 2015

Year-end Report January-December 2015 Year-end Report January-December 20 Johan Dennelind, President & CEO Q4 20 high pace towards the new TeliaSonera Started to reduce presence in region Eurasia Continued business transformation Solid development

More information

Vopak: HY1 2013 Group operating profit -excluding exceptional items- in line with HY1 2012. restated * In EUR millions HY1 2013 HY1 2012

Vopak: HY1 2013 Group operating profit -excluding exceptional items- in line with HY1 2012. restated * In EUR millions HY1 2013 HY1 2012 oyal Vopak Westerlaan 10 3016 CK otterdam The Netherlands ress release Vopak: HY1 2013 Group operating profit -excluding exceptional items- in line with HY1 2012 otterdam, the Netherlands, 23 August 2013

More information

Aalberts Industries increases earnings per share +10%

Aalberts Industries increases earnings per share +10% Aalberts Industries increases earnings per share +10% Langbroek, 26 February 2015 Highlights o Revenue EUR 2,201 million, increase +8% (organic +3.1%) o Operating profit (EBITA) +10% to EUR 247 million;

More information

A Leading Global Health Care Group

A Leading Global Health Care Group A Leading Global Health Care Group Commerzbank German Investment Seminar January 11/12, 2016 For detailed financial information please see our annual/quarterly reports and/or conference call materials

More information

2013 Third Quarter Review October 25, 2013 1

2013 Third Quarter Review October 25, 2013 1 October 25, 213 1 Panalpina Group October 25, 213 213 Third Quarter Review October 25, 213 2 Highlights and key figures Operating and financial review Outlook Growth in profitability and margins in the

More information

Software AG Results 1 st Quarter 2015 (IFRS, unaudited)

Software AG Results 1 st Quarter 2015 (IFRS, unaudited) Software AG Results 1 st Quarter (IFRS, unaudited) April 29, 1 Safe Harbor This presentation includes forward-looking statements based on the beliefs of Software AG management. Such statements reflect

More information

Ludwigshafen, February 25, 2014

Ludwigshafen, February 25, 2014 Ludwigshafen, February 25, 2014 Analyst Conference FY2013 Cautionary note regarding forward-looking statements This presentation may contain forward-looking statements that are subject to risks and uncertainties,

More information

Financial Results. siemens.com

Financial Results. siemens.com s Financial Results Fourth Quarter and Fiscal 2015 siemens.com Key figures (in millions of, except where otherwise stated) Volume Q4 % Change Fiscal Year % Change FY 2015 FY 2014 Actual Comp. 1 2015 2014

More information

ASM INTERNATIONAL N.V. REPORTS THIRD QUARTER 2015 RESULTS

ASM INTERNATIONAL N.V. REPORTS THIRD QUARTER 2015 RESULTS Almere, The Netherlands October 28, 2015 ASM INTERNATIONAL N.V. REPORTS THIRD QUARTER 2015 RESULTS ASM International N.V. (Euronext Amsterdam: ASM) today reports its third quarter 2015 operating results

More information

Q1/2015 Results VTG AG Connecting worlds. Dr. Heiko Fischer, CEO Dr. Kai Kleeberg, CFO May 21, 2015

Q1/2015 Results VTG AG Connecting worlds. Dr. Heiko Fischer, CEO Dr. Kai Kleeberg, CFO May 21, 2015 Q1/2015 Results VTG AG Connecting worlds Dr. Heiko Fischer, CEO Dr. Kai Kleeberg, CFO May 21, 2015 Table of content 1 Discussion of Q1/2015 2 Outlook FY 2015 3 Questions & Answers 4 Financial Calendar

More information

Metsä Board Metsä Board

Metsä Board Metsä Board Metsä Board Financial 215 Financial statements statements review review 215 Highlights in 215 Paperboard delivery volumes increased by 12% compared to 214 Operating profit improved 32% Strong operating

More information

Conference Call Q2-2015/2016

Conference Call Q2-2015/2016 Conference Call Q2-2015/2016 DIRK KALIEBE, CFO November 13, 2015 Update strategy implementation: Services Consumables Sheetfed Digital Heidelberger Druckmaschinen AG 2 Update strategy implementation 1/4

More information

Earnings Release Q2 FY 2015 January 1 to March 31, 2015

Earnings Release Q2 FY 2015 January 1 to March 31, 2015 Munich, Germany, May 7, 2015 Earnings Release FY 2015 January 1 to March 31, 2015 Portfolio gains drive income»for business volume, we performed well in our markets. The profitability of our Industrial

More information

5N PLUS INC. Condensed Interim Consolidated Financial Statements (Unaudited) For the three month periods ended March 31, 2016 and 2015 (in thousands

5N PLUS INC. Condensed Interim Consolidated Financial Statements (Unaudited) For the three month periods ended March 31, 2016 and 2015 (in thousands Condensed Interim Consolidated Financial Statements (Unaudited) (in thousands of United States dollars) Condensed Interim Consolidated Statements of Financial Position (in thousands of United States dollars)

More information

SAGICOR FINANCIAL CORPORATION

SAGICOR FINANCIAL CORPORATION Interim Financial Statements Nine-months ended September 30, 2015 FINANCIAL RESULTS FOR THE CHAIRMAN S REVIEW The Sagicor Group recorded net income from continuing operations of US $60.4 million for the

More information

Earnings Release Q3 FY 2015 April 1 to June 30, 2015

Earnings Release Q3 FY 2015 April 1 to June 30, 2015 Munich, Germany, July 30, 2015 Earnings Release FY 2015 April 1 to June 30, 2015 Solid performance, softening market environment»overall our businesses delivered solid underlying profitability despite

More information

K+S Group FY/Q4 2014 Analyst conference. 12 March 2015, Frankfurt am Main. Norbert Steiner, CEO Dr. Burkhard Lohr, CFO

K+S Group FY/Q4 2014 Analyst conference. 12 March 2015, Frankfurt am Main. Norbert Steiner, CEO Dr. Burkhard Lohr, CFO Experience growth. FY/Q4 2014 Analyst conference 12 March 2015, Frankfurt am Main Norbert Steiner, CEO Dr. Burkhard Lohr, CFO Agenda A. FY 2014 Financials B. Projects and initiatives C. Q4 Financials D.

More information

Report of the Executive Board. In millions of EUR 2014 2013

Report of the Executive Board. In millions of EUR 2014 2013 Review Results from operating activities Revenue 19,257 19,203 income 93 226 Raw materials, consumables and services (12,053) (12,186) Personnel expenses (3,080) (3,108) Amortisation, depreciation and

More information

1Q 2016 Highlights Total volume (kmt) Adjusted EBITDA (EUR/Millions) Adjusted EPS (EUR) 1Q16 1Q15 Y-o-Y Comparison 277.8 252.9 9.9% 54.0 53.9 0.1% 0.28 0.33-15.2% Strong volume gains from both Specialty

More information

Dr. Burkhard Lohr, CFO

Dr. Burkhard Lohr, CFO Experience growth. K+S Group Q2/15 Results 13 August 2015 Dr. Burkhard Lohr, CFO K+S Group Highlights Rejection of Potash Corp s unsolicited proposal The proposed transaction does not reflect the fundamental

More information

A X A L T A C O A T I N G S Y S T E M S. Q1 2016 FINANCIAL RESULTS April 28, 2016

A X A L T A C O A T I N G S Y S T E M S. Q1 2016 FINANCIAL RESULTS April 28, 2016 A X A L T A C O A T I N G S Y S T E M S Q1 2016 FINANCIAL RESULTS April 28, 2016 Legal Notices Forward-Looking Statements This presentation and the oral remarks made in connection herewith may contain

More information

Key data 2010 EUR 1,106.3 million EUR 445.3 million * EUR 270.1 million 2.08 * 3,763 80 (in 31 countries)

Key data 2010 EUR 1,106.3 million EUR 445.3 million * EUR 270.1 million 2.08 * 3,763 80 (in 31 countries) Royal Vopak Annual Report 2010 Key data 2010 Revenues EUR 1,106.3 million Group operating profit EUR 445.3 million * Net profit attributable to shareholders EUR 270.1 million Earnings per ordinary share

More information

Measuring performance Update to Insurance Key Performance Indicators

Measuring performance Update to Insurance Key Performance Indicators Measuring performance Update to Insurance Key Performance Indicators John Hele Member of Executive Board and CFO of ING Group Madrid 19 September 2008 www.ing.com Agenda Performance Indicators: Background

More information

Condensed Consolidated Interim Financial Statements Q4 2014. aegon.com

Condensed Consolidated Interim Financial Statements Q4 2014. aegon.com Condensed Consolidated Interim Financial Statements Q4 2014 aegon.com The Hague, February 19, 2015 Table of contents Condensed consolidated income statement 2 Condensed consolidated statement of comprehensive

More information

Drägerwerk AG & Co. KGaA Analyst Conference 2015. Frankfurt, March 11, 2015

Drägerwerk AG & Co. KGaA Analyst Conference 2015. Frankfurt, March 11, 2015 Drägerwerk AG & Co. KGaA Analyst Conference 2015 Frankfurt, March 11, 2015 Disclaimer This presentation does not constitute an offer of securities for sale or a solicitation of an offer to purchase any

More information

Earnings Release Q1 FY 2016 October 1 to December 31, 2015

Earnings Release Q1 FY 2016 October 1 to December 31, 2015 Munich, Germany, January 25, 2016 Earnings Release FY 2016 October 1 to December 31, 2015 Strong start into the fiscal year earnings outlook raised»we delivered a strong quarter and are well underway in

More information

2015 HALF YEAR RESULTS

2015 HALF YEAR RESULTS 19 AUGUST 2015 Delivering better nutrition for every step of life s journey CAUTIONARY STATEMENT This presentation contains forward-looking statements. These statements have been made by the Directors

More information

4Q Fornebu, February 12, 2016 Luis Araujo and Svein Stoknes

4Q Fornebu, February 12, 2016 Luis Araujo and Svein Stoknes 4Q 2015 Fornebu, February 12, 2016 Luis Araujo and Svein Stoknes Agenda 4Q 2015 Introduction Luis Araujo Chief Executive Officer Financials Svein Stoknes Chief Financial Officer Q&A Session Fourth-Quarter

More information

Conference Call Third Quarter 2003 Financial Results. Jorma Ollila Chairman and CEO

Conference Call Third Quarter 2003 Financial Results. Jorma Ollila Chairman and CEO Conference Call Third Quarter 2003 Financial Results Jorma Ollila Chairman and CEO Olli-Pekka Kallasvuo Executive Vice President and CFO Ulla James Vice President, Investor Relations October 16, 2003 15.00

More information

Schaeffler Group at a glance

Schaeffler Group at a glance Facts and figures First quarter 2016 Schaeffler Group at a glance Key figures Income statement (in millions) 2016 2015 Change Revenue 3,343 3,339 0.1 % at constant currency 2.4 % EBIT 421 434-3.0 % in

More information

Q2 / H1 2015 results. Investor Presentation 30 July 2015

Q2 / H1 2015 results. Investor Presentation 30 July 2015 Q2 / H1 2015 results Investor Presentation 30 July 2015 Information Full year consolidated financial statements at 31 December are audited Half year financial statements are subject to limited review by

More information

Consolidated and Non-Consolidated Financial Statements

Consolidated and Non-Consolidated Financial Statements May 13, 2016 Consolidated and Non-Consolidated Financial Statements (For the Period from April 1, 2015 to March 31, 2016) 1. Summary of Operating Results (Consolidated) (April 1,

More information

ASM INTERNATIONAL N.V. REPORTS FOURTH QUARTER 2014 RESULTS

ASM INTERNATIONAL N.V. REPORTS FOURTH QUARTER 2014 RESULTS Almere, The Netherlands March 4, 2015 ASM INTERNATIONAL N.V. REPORTS FOURTH QUARTER 2014 RESULTS ASM International N.V. (NASDAQ: ASMI and Euronext Amsterdam: ASM) reports today its fourth quarter 2014

More information

GrandVision reports 2.8 billion Revenue and 449 million EBITDA for 2014

GrandVision reports 2.8 billion Revenue and 449 million EBITDA for 2014 GrandVision reports 2.8 billion Revenue and 449 million EBITDA for 2014 Schiphol, the Netherlands 18 March 2015. GrandVision N.V. publishes Full Year and Quarter 2014 results. 2014 Highlights Revenue grew

More information

HP Q4 FY15 Earnings Announcement

HP Q4 FY15 Earnings Announcement HP Q4 FY15 Earnings Announcement November 24, 2015 http://www.hp.com/investor/home Forward-looking statements This presentation contains forward-looking statements that involve risks, uncertainties and

More information

FY 2014 Results March 19, 2015

FY 2014 Results March 19, 2015 FY 2014 Results March 19, 2015 1 This document has been prepared by Maire Tecnimont S.p.A. (the Company ) solely for use in the presentation of its results. This document does not constitute or form part

More information

Second Quarter 2015 Investor Conference Call

Second Quarter 2015 Investor Conference Call Second Quarter 2015 Investor Conference Call August 20, 2015 December 13, 2012 DRAFT 5 Safe Harbor Basis of Presentation Unless otherwise noted or unless the context otherwise requires, all references

More information

2 N D Q U A R T E R 2 0 1 6. O s l o, 1 8 J u l y 2 0 1 6

2 N D Q U A R T E R 2 0 1 6. O s l o, 1 8 J u l y 2 0 1 6 2 N D Q U A R T E R 2 1 6 O s l o, 1 8 J u l y 2 1 6 Agenda Per A Sørlie, President & CEO Highlights Business areas Outlook Per Bjarne Lyngstad, CFO Financial performance 2 Highlights 2 nd quarter 216

More information

Q1 2014 Earnings Call. April 30 th, 2014

Q1 2014 Earnings Call. April 30 th, 2014 Q1 2014 Earnings Call April 30 th, 2014 Agenda Executive summary Financial data Outlook 2014 Appendix 2 Summary Q1 2014 (1) Revenue growth factors Positive start in FY 2014 with Q1 revenue increase of

More information

Q1 Trading Update, FY 2011

Q1 Trading Update, FY 2011 ARYZTA AG Q1 Trading Update, FY 2011 29 November 2010 Forward Looking Statement This document contains forward looking statements which reflect management s current views and estimates. The forward looking

More information

Notes on the parent company financial statements

Notes on the parent company financial statements 316 Financial statements Prudential plc Annual Report 2012 Notes on the parent company financial statements 1 Nature of operations Prudential plc (the Company) is a parent holding company. The Company

More information

First quarter 2015 results 1

First quarter 2015 results 1 First quarter results 1 Luxembourg, May 5, Highlights Health and Safety frequency rate 2 of 1.3x in Q1 compared to 1.8x in Q4. Shipments of 469 thousand tonnes in Q1 compared to shipments of 439 thousand

More information

ITW Conference Call Third Quarter 2013

ITW Conference Call Third Quarter 2013 ITW Conference Call Third Quarter 2013 October 22, 2013 SOLID GROWTH. STRONG RETURNS. BEST-IN-CLASS OPERATOR. Forward-Looking Statements Safe Harbor Statement This conference call contains forward-looking

More information

SBERBANK GROUP S IFRS RESULTS. March 2015

SBERBANK GROUP S IFRS RESULTS. March 2015 SBERBANK GROUP S IFRS RESULTS 2014 March 2015 SUMMARY OF PERFORMANCE FOR 2014 STATEMENT OF PROFIT OR LOSS Net profit reached RUB 290.3bn (or RUB 13.45 per ordinary share), compared to RUB 362.0bn (or RUB

More information

Full year and fourth quarter 2014 results 1

Full year and fourth quarter 2014 results 1 Full year and fourth quarter results 1 Luxembourg, February 12, 2015 Highlights Health and Safety frequency rate 2 of 1.1x in compared to 1.3x in 2013. Shipments of 1,813 thousand tonnes in full year,

More information

Health Care Worldwide. Citi - European Credit Conference September 24, 2015 - London

Health Care Worldwide. Citi - European Credit Conference September 24, 2015 - London Health Care Worldwide Citi - European Credit Conference September 24, 2015 - London Safe Harbor Statement This presentation contains forward-looking statements that are subject to various risks and uncertainties.

More information

Vattenfall Q2 2013 results

Vattenfall Q2 2013 results Vattenfall Q2 2013 results Øystein Løseth, CEO and Ingrid Bonde, CFO Conference call for analysts and investors, 23 July 2013 Q2 Highlights Impairment charges on thermal assets and goodwill amounting to

More information

Company Presentation VTG AG Connecting worlds. Analyst Conference April 14, 2015

Company Presentation VTG AG Connecting worlds. Analyst Conference April 14, 2015 Company Presentation VTG AG Connecting worlds Analyst Conference April 14, 2015 Table of content 1 Highlights 2014 2 Performance & Financials 2014 3 Update on Strategy 4 Outlook 2015 5 Appendix 1 Executive

More information

Income Statement (1) First Quarter 2002

Income Statement (1) First Quarter 2002 Income Statement (1) (in millions of EUR) 1 st Q 2002 1 st Q 2001 2002/2001 Sales 5,402.2 4,993.6 +8.2% (2) EBITDA (FIFO) 408.7 366.1 +11.6% EBITDA margin 7.6% 7.3% - Depreciation (145.5) (134.6) +8.1%

More information

Health Care Worldwide

Health Care Worldwide Health Care Worldwide Goldman Sachs - Leveraged Finance Healthcare Conference March 4, 2014 New York Goldman Sachs Leveraged Finance Conference, Fresenius SE & Co. KGaA Copyright, March 4, 2014 Page 1

More information

Analyst presentation H1 2015/16

Analyst presentation H1 2015/16 Analyst presentation H1 2015/16 Half year ended 30 September 2015 18 November 2015 Disclaimer DISCLAIMER THIS PRESENTATION may contain forward looking statements. These statements are based on current

More information

Earnings Release Q4 FY 2015 July 1 to September 30, 2015

Earnings Release Q4 FY 2015 July 1 to September 30, 2015 Munich, Germany, November 12, 2015 Earnings Release FY 2015 July 1 to September 30, 2015 Strong finish for fiscal 2015»We delivered what we promised, and are well positioned to deliver on our plans for

More information

Revenue up 12% (17% in local currency), adjusted EBITDA up 52% (60% in local currency)

Revenue up 12% (17% in local currency), adjusted EBITDA up 52% (60% in local currency) COMPANY CONTACTS: Jay S. Hennick Chairman & CEO John B. Friedrichsen Senior Vice President & CFO (416) 960-9500 FOR IMMEDIATE RELEASE Colliers International reports strong first quarter results Revenue

More information

Key performance indicators

Key performance indicators The information included in the following sheets of this Excel file forms an integral part of the Aegon press release on the Q2 results 2013 as published on August 8, 2013. Cautionary note regarding non-ifrs

More information

Driving Profitable Growth

Driving Profitable Growth DSM STRATEGY 2018 Driving Profitable Growth GERALDINE MATCHETT - CFO ROYAL DSM CAPITAL MARKETS DAY 4 NOVEMBER 2015 AMSTERDAM Safe harbor statement This presentation may contain forward-looking statements

More information

INDUSTRIAL-ALLIANCE LIFE INSURANCE COMPANY. FIRST QUARTER 2000 Consolidated Financial Statements (Non audited)

INDUSTRIAL-ALLIANCE LIFE INSURANCE COMPANY. FIRST QUARTER 2000 Consolidated Financial Statements (Non audited) INDUSTRIAL-ALLIANCE LIFE INSURANCE COMPANY FIRST QUARTER 2000 Consolidated Financial Statements (Non audited) March 31,2000 TABLE OF CONTENTS CONSOLIDATED INCOME 2 CONSOLIDATED CONTINUITY OF EQUITY 3 CONSOLIDATED

More information

Aalberts Industries Net profit and earnings per share +15%

Aalberts Industries Net profit and earnings per share +15% PRESS RELEASE 1 ST HALF YEAR 2015 Aalberts Industries Net profit and earnings per share +15% Langbroek, 13 August 2015 Highlights o Revenue EUR 1,244 million, increase +18% (organic +2%). o Operating profit

More information

Airbus Group Reports Robust First Quarter 2015 Results

Airbus Group Reports Robust First Quarter 2015 Results Airbus Group Reports Robust First Quarter Results Solid operational performance supports EPS and cash flow, further enhanced by divestments Revenues 12.1 billion, EBIT* before one-off 651 million Earnings

More information

Klöckner & Co SE. Q3 2014 Results

Klöckner & Co SE. Q3 2014 Results Klöckner & Co SE A Leading Multi Metal Distributor Gisbert Rühl CEO Marcus A. Ketter CFO Results Analysts and Investors Conference November 6, Disclaimer This presentation contains forward-looking statements

More information

A Leading Global Health Care Group

A Leading Global Health Care Group A Leading Global Health Care Group Credit Suisse Global Health Care Conference, March 4, 2015 For detailed financial information please see our annual/quarterly reports and/or conference call materials

More information

Prologis Announces Fourth Quarter and Full Year 2013 Earnings Results

Prologis Announces Fourth Quarter and Full Year 2013 Earnings Results January 30, 2014 Prologis Announces Fourth Quarter and Full Year 2013 Earnings Results - Leased record 43.7 million square feet in Q4 and 152 million square feet in 2013 - - Occupancy increased to 95.1

More information

Fourth quarter 2007. February 19, 2008 (1)

Fourth quarter 2007. February 19, 2008 (1) Fourth quarter 1 3 2 4 February 19, 2008 (1) Highlights Strong year for Hydro hit by lower aluminium prices in NOK and weaker downstream markets Solid operational performance Qatalum on track, 9% complete

More information

Consolidated Statement of Profit or Loss (in million Euro)

Consolidated Statement of Profit or Loss (in million Euro) Consolidated Statement of Profit or Loss (in million Euro) FY 2014 FY 2015 % change Q4 2014 Q4 2015 % change un Revenue 2,620 2,646 1.0% 711 672-5.5% Cost of sales (1,813) (1,804) -0.5% (489) (464) -5.1%

More information

9m RESULTS OCTOBER Harald Wilhelm I Chief Financial Officer

9m RESULTS OCTOBER Harald Wilhelm I Chief Financial Officer 1 9m RESULTS 2015 30 OCTOBER 2015 Harald Wilhelm I Chief Financial Officer SAFE HARBOUR STATEMENT 2 Disclaimer This presentation includes forward-looking statements. Words such as anticipates, believes,

More information

Our results at a glance

Our results at a glance 1Report 15 AkzoNobel I Report for the first quarter 2015 2 AkzoNobel around the world Revenue by destination (44 percent in high growth markets) A North America B Emerging Europe C Mature Europe D Asia

More information

Fourth quarter 2014. February 13, 2015

Fourth quarter 2014. February 13, 2015 Fourth quarter February 13, 215 Overview of results SEKm 213 FY FY 213 Net sales 1,6 1,638 % 39,95 39,533 1% EBITDA 52 621-16% 2,198 2,31-5% Adjusted EBIT 1) 44 344 28% 861 826 4% EBIT -7 18 351 662-47%

More information

Investors/Analysts Conference London/New York, February 2012 Ian Bishop

Investors/Analysts Conference London/New York, February 2012 Ian Bishop Investors/Analysts Conference London/New York, February 2012 Ian Bishop This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as

More information

TO OUR SHAREHOLDERS PROFITABLE GROWTH COURSE INTERNATIONALIZATION FURTHER EXTENDED US MARKET IN FOCUS

TO OUR SHAREHOLDERS PROFITABLE GROWTH COURSE INTERNATIONALIZATION FURTHER EXTENDED US MARKET IN FOCUS QUARTERLY STATEMENT AS OF MARCH 31, 2015 TO OUR SHAREHOLDERS Patrik Heider, Spokesman of the Executive Board and CFOO The Nemetschek Group has made a dynamic start in the 2015 financial year and continues

More information

Q1 RESULTS 2015 30 APRIL 2015. Harald Wilhelm I Chief Financial Officer

Q1 RESULTS 2015 30 APRIL 2015. Harald Wilhelm I Chief Financial Officer 1 Q1 RESULTS 2015 30 APRIL 2015 Harald Wilhelm I Chief Financial Officer SAFE HARBOUR STATEMENT 2 Disclaimer This presentation includes forward-looking statements. Words such as anticipates, believes,

More information

(2) Application of special accounting treatments for quarterly financial statements: Yes

(2) Application of special accounting treatments for quarterly financial statements: Yes Name of listed company: JSR Corporation Code # 4185 Representative: Mitsunobu Koshiba, President Consolidated Business Results for the 1st Half, FY March 2015 Stock Exchange: Tokyo URL http://www.jsr.co.jp

More information

THE WAY TO MAKE IT. Results 2013 and Outlook 2014. Agenda. 26 March 2014. Results 2013. Focus and outlook 2014 Discussion

THE WAY TO MAKE IT. Results 2013 and Outlook 2014. Agenda. 26 March 2014. Results 2013. Focus and outlook 2014 Discussion Results 2013 and Outlook 2014 26 March 2014 26 March 2014 / Results 2013 and Outlook 2014 / 1 Agenda Results 2013 Operational performance Financial performance Focus and outlook 2014 Discussion 26 March

More information

A Leading Global Health Care Group

A Leading Global Health Care Group A Leading Global Health Care Group JP Morgan Milan Investor Forum October 1, 2015 For detailed financial information please see our annual/quarterly reports and/or conference call materials on www.fresenius.com/ir.

More information

Third quarter results 2012

Third quarter results 2012 Q3 Third quarter results 2012 Fornebu, Øyvind Eriksen and Leif Borge 2012 Aker Solutions Slide 1 Agenda Q3 2012 Introduction Øyvind Eriksen Executive chairman Financials Leif Borge President & CFO Q&A

More information

Analyst Conference Call Q1-3/12 Results. October 31, 2012

Analyst Conference Call Q1-3/12 Results. October 31, 2012 Analyst Conference Call Q1-3/12 Results October 31, 2012 Safe Harbor Statement This presentation contains forward-looking statements that are subject to various risks and uncertainties. Future results

More information

First Quarter 2011 Results Underlying net profit increased 61.6% to EUR 1,492 mln

First Quarter 2011 Results Underlying net profit increased 61.6% to EUR 1,492 mln First Quarter 2011 Results Underlying net profit increased 61.6% to EUR 1,492 mln Jan Hommen CEO Amsterdam 5 May 2011 www.ing.com ING Group posted strong first-quarter results ING Group underlying net

More information

Deutsche Telekom wins droves of customers in the second quarter

Deutsche Telekom wins droves of customers in the second quarter MEDIA INFORMATION Bonn, August 8, 2013 Deutsche Telekom wins droves of customers in the second quarter 1.38 million mobile contract net additions Group-wide Net total of 688,000 new branded postpaid customers

More information

Analyst Conference Call

Analyst Conference Call 1 st December 2015 Analyst Conference Call Dr Wolfgang Büchele - CEO Disclaimer This presentation contains forward-looking statements about Linde AG ( Linde ) and their respective subsidiaries and businesses.

More information

Speech of the Board of Management. General Shareholders Meeting, 9 June 2015

Speech of the Board of Management. General Shareholders Meeting, 9 June 2015 Speech of the Board of Management General Shareholders Meeting, 9 June 2015 AGENDA Overview of the financial year Steven Holland, CEO Financial figures 2014 Georg Müller, CFO ConnectingChemistry Steven

More information

Health Care Worldwide

Health Care Worldwide Health Care Worldwide Barclays European High Yield and Leveraged Finance Conference October 30, 2014 London Barclays European High Yield and Leveraged Finance Conference, October 30, 2014 Copyright Page

More information

Third quarter results as of December 31, 2014. Investor presentation

Third quarter results as of December 31, 2014. Investor presentation Third quarter results as of December 31, 2014 Investor presentation February, 26 th 2015 Disclaimer Certain statements included or incorporated by reference within this presentation may constitute forwardlooking

More information

Annual Press Conference 2015. 18 March 2015

Annual Press Conference 2015. 18 March 2015 Annual Press Conference 2015 18 March 2015 AGENDA Annual Press Conference 2015 Topic Speaker Time 1. Welcome Hubertus Spethmann 10.00 am 2. 2014 at a glance 2.1. Highlights Steven Holland 2.2. Financial

More information

Fourth Quarter 2008 Earnings Acquisition of Communication Services Group Supplemental Information

Fourth Quarter 2008 Earnings Acquisition of Communication Services Group Supplemental Information Fourth Quarter 2008 Earnings Acquisition of Communication Services Group Supplemental Information Forward Looking Statements The statements contained in this release that are not historical facts are forward-looking

More information

Key data 2011 EUR 1,171.9 million EUR 469.4 million * EUR 275.4 million * EUR 2.16 * 3,921 83 (in 31 countries)

Key data 2011 EUR 1,171.9 million EUR 469.4 million * EUR 275.4 million * EUR 2.16 * 3,921 83 (in 31 countries) Royal Vopak Annual Report 2011 Key data 2011 Revenues EUR 1,171.9 million Group operating profit EUR 469.4 million * Net profit attributable to holders of ordinary shares EUR 275.4 million * Earnings per

More information

CEO Terje Mjøs. Oslo, 16 July 2014. Q2 2014 Presentation

CEO Terje Mjøs. Oslo, 16 July 2014. Q2 2014 Presentation CEO Terje Mjøs Oslo, 16 July 20 20 Presentation Part I ` Report o Highlights o Group o Segments Part II o Outlook Summary Appendix 20 presentation 2 Highlights Record high order backlog Strategic wins

More information

Deutsche Bank 17th Annual European Leveraged Finance Conference. June 14, 2013 London

Deutsche Bank 17th Annual European Leveraged Finance Conference. June 14, 2013 London Deutsche Bank 17th Annual European Leveraged Finance Conference June 14, 2013 London Safe Harbor Statement: This presentation includes certain forward-looking statements within the meaning of Section 27A

More information

Consolidated Statement of Profit or Loss (in million Euro)

Consolidated Statement of Profit or Loss (in million Euro) Consolidated Statement of Profit or Loss (in million Euro) FY 2013 FY 2014 % change Q4 2013 Q4 2014 % change un Revenue 2,865 2,620-8.6% 739 711-3.8% Cost of sales (2,031) (1,813) -10.7% (511) (489) -4.3%

More information

Austrian Post Group. Anton Wais, CEO. Investor Presentation UniCredit Investors Conference Kitzbühel January 22, 2009

Austrian Post Group. Anton Wais, CEO. Investor Presentation UniCredit Investors Conference Kitzbühel January 22, 2009 Austrian Post Group Anton Wais, CEO Investor Presentation UniCredit Investors Conference Kitzbühel January 22, 2009 Austrian Post Group at a glance Mail Parcel & Logistics Branch Network Group 7,9% 0,1%

More information

IMCD reports strong results for 2014

IMCD reports strong results for 2014 IMCD reports strong results for 2014 Rotterdam, The Netherlands 11 March 2015 - IMCD N.V. ( IMCD or Company ), a leading international speciality chemicals-focused distributor, today announces the 2014

More information