Enel Green Power 1H 2015 consolidated results. Rome July 29, 2015

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Enel Green Power 1H 2015 consolidated results. Rome July 29, 2015"

Transcription

1 Enel Green Power Rome July 29, 2015

2 Agenda Strategic update Analysis of results Closing remarks 1

3 Enel Green Power strategic levers 1 Plants performance optimization 2 Growth 3 Portfolio management Crucial role of forefront IT systems (big data management) and best practice sharing Scheduled and predictive maintenance as a tool to optimize cost and to increase plant availability Proactive energy management Strong cash-flow generation available for growth Extensive and high quality pipeline supporting sizeable capex plan Best positioned to capture current growth momentum globally Distinctive greenfield developer capabilities as a lever to monetize projects in excess Divestment of operating assets when opportunities arise Selective value creative consolidation options A global player exploiting all strategic levers to create value 2

4 Enel Green Power strategic levers: growth cash-flow generation ( bn) cash-flow utilization ( bn) 7.9 (2.4) (0.9) (7.2) (2.9) (0.3) (0.6) 1 Cash generated Tax & interest Maint. capex FFO Portfolio mgmt Cash available Cash available Growth capex 2 3 Portfolio mgmt 4 Dividends Cash absorption Strong cash-flow generation: growth plan almost fully self-financed 1. Including delta NWC 2. Cash-in associated to France, Enel.si disposals and LaGeo settlement 3. Including North American assets developed under equity framework 4. Including SEASA, TP and ESSE debt consolidation 3

5 Enel Green Power strategic levers: growth cash-flow generation ( bn) cash-flow utilization ( bn) 10.8 (3.4) (0.8) (8.8) (0.6) (1.0) (1.3) Cash 1 generated Tax & interest Maint. capex FFO Portfolio mgmt 2 Cash available Cash available Growth capex Portfolio mgmt 3 Dividends & other Cash absorption Strong cash generation dedicated to growth 1. Including delta NWC 2. Including proceeds from sale of assets or minority stakes 3. Including consolidation of debt 4

6 Enel Green Power strategic levers: growth Additional capacity progression (GW) Growth capex by area In operation North America 15% Rest of World Europe 19% 8.8 bn 13% 53% Latin America COD 1H 2015 ENEOP Projects in execution & contracted Residual target Additional capacity >60% EBITDA from growth exceeding 1 bn 1 at regime 1. Full contribution to EBITDA of planned additional capacity at regime 5

7 COD 2016 COD Investor Relations Paved way to growth: H 2015 additional capacity Latin America Wind 259 MW Solar 31 MW Projects in execution Latin America Wind 172 MW Solar 31 MW Hydro 50 MW North America Wind 274 MW Europe Biomass 20 MW Projects in execution 2 Latin America Wind 341 MW Solar 316 MW Hydro 102 MW North America Wind 150 MW Rest of World Wind 88 MW Solar 313 MW Europe Wind 8 MW 290 MW 547 MW 1,318 MW additional capacity excluding ENEOP consolidation for 0.5GW 2. Excluding hydro refurbishments in Italy 6

8 COD 2018 COD 2017 Investor Relations Paved way to growth: Projects in execution Latin America Wind 292 MW Solar 254 MW Geo 38 MW Rest of World Wind 111 MW Europe Wind 154 MW Projects contracted Latin America Wind 90 MW Rest of World Wind 283 MW Projects in execution Latin America Wind 172 MW 849 MW 373 MW 172 MW Projects contracted Rest of World Wind 422 MW Solar 23 MW 445 MW 7

9 Upcoming renewable tenders 1 Aug Sep Oct Nov Dec Brazil A-3 2,000 MW Morocco 850 MW Mexico A Brazil Reserva 1,000 MW Brazil A-5 1,000 MW Peru --- South Africa Chile --- Italy --- Brazil Reserva 1,000 MW Chile --- Mexico A Brazil Reserva 1,000 MW Egypt 200 MW Peru --- South Africa Morocco 70 MW Kenya 300 MW Peru --- Italy --- Brazil A MW 1. Figures based on public data and EGP s expectations on overall volumes to be tendered by governments Geo Hydro Wind Solar Biomass 8

10 Active portfolio management 1 Greenfield projects monetization 2 Divestment of operating assets 3 Selective value creative consolidation options Proven capabilities to build and operate greenfield projects Projects selection based on strict return criteria Monetization of projects in excess Increasing appetite by financial investors following technology consolidation Accelerated payback period Strategic partnership to accelerate growth Strategic tool to set foot in new markets Selective non organic growth opportunities Opportunistic approach to create incremental value 9

11 Active portfolio management: divestment of operating assets Rationale of Portugal disposal Process update Limited further development after completion of ENEOP portfolio Fully operational platform in a favourable market with stable regulatory framework Expected strong appetite for operating wind assets Financial advisor on board Great interest shown by investors teased Several non-binding offers received by industrial players and financial institutions Process ongoing 10

12 Innovation Key examples Innovative business solutions: microgrids Process innovation: predictive maintenance Product innovation: energy storage Charge controller Innovative business models: micro-, mini-, smart-grids and distributed generation Battery bank Inverter EGP actively engaged in innovative process, product and business solutions 11

13 Agenda Strategic update Analysis of results Closing remarks 12

14 Highlights Robust cash-flow from operations of 900 m Accelerated growth with 1 bn of capex Strong contribution to EBITDA from new additions Completion of US minority sale and 3Sun consolidation 13

15 Cash-flow generation 1H 2015 cash-flow generation ( m) 1H 2015 cash-flow utilization ( bn) 897 (431) (342) (894) (79) 45 (804) Cash generated Delta NWC Tax & interest Maint. capex FFO Portfolio mgmt 1 Cash available Cash available (137) Growh capex Portfolio mgmt 2 (172) Dividends Cash absorption Strong operating cash-flow 1. EGP North America minority stake sale 2. 3SUN net debt consolidation 14

16 Total growth capex By geography Main projects under constructions North America % Country: Chile Plant: Finis Terrae Rest of World 139 Europe 78 16% 9% 894 m 62% Latin America 559 Capacity: 160 MW Technology: solar Country: Brazil By technology Plant: Apiacas Capacity: 102 MW Technology: hydro 22% Solar 196 Wind % 894 m 4% 15% 5% Other 35 Hydro 132 Geo 47 Country: South Africa Plant: Gibson Bay Capacity: 111 MW Technology: wind Spread over WACC bps 15

17 Capacity additions in the period Mexico Total installed capacity by area 1 Plant: Dominica II Capacity: 100 MW Technology: wind North America Panama Plant: Sureste Capacity: 102 MW Technology: wind Europe 59% 9.9 GW 21% 20% Latin America Plant: Chiriqui Capacity: 12 MW Technology: solar Total installed capacity by technology 2 Chile Plant: Talinay Poniente Capacity: 61 MW Technology: wind 9.9 GW 5% 27% Solar Hydro Plant: Lalackama II Capacity: 18 MW Technology: solar Wind 60% 8% Geo Strengthened positioning in Latin America 1. Excluding ENEOP for 0.5GW. Including 10MW of solar capacity in South Africa 2. Including 39MW of biomass 16

18 Net production analysis (GWh) +4% Wind resource index 1 16,471 (558) 1, (147) 17, H H 2015 Hydro resource index 1 1H 2014 Resource availability Additional capacity Technical availability Perimeter 2 1H % Load factor 41% 1H H Ratio between actual values for 2014/2015 and historical values (10 years for hydro and 5 years for wind) 2. Mainly related to French assets disposal 17

19 Plant performance maximization Plant energy availability Load factor 97.7% 97.8% Hydro 53% 51% Hydro 98.1% Geo 85% Geo 97.9% 85% 97.2% 97.2% Wind 33% 32% Wind 98.0% 98.0% Solar 15% 16% Solar FY H H H 2015 Opex/MW 1 at 74.5K : -2% in real terms vs. FY KPI LTM and in real terms for comparative purposes with FY 2014 of 76.1K /MW. Nominal figure = 76.2K /MW 18

20 EBITDA analysis ( m) +21% (35) (9) 62 1,078 Growth: +73 m Resource: -22 m Price: -38 m 1H 2014 Energy margin Other revenues Opex Perimeter 1 Forex 1H % EBITDA margin 68% 1. Mainly related to French assets disposal 19

21 EBITDA analysis: Latin America ( m) +95% (7) (2) (23) H 2014 Additional capacity Resource Price Other revenues Opex Forex 1H

22 EBITDA analysis: North America ( m) +34% (22) (7) 24 (9) H 2014 Additional capacity Resource Price Other revenues Opex Forex 1H

23 EBITDA analysis: Europe ( m) Italy Iberia Rest of Europe +8% (50) (24) 131 (9) (3) H 2014 Additional capacity Resource Price Other revenues Perimeter 1 Opex 1H Mainly related to French assets disposal 22

24 Group net income +17% (105) (22) 6 5 (25) 342 1H 2014 EBITDA D&A Net financial expense Equity investment Taxes Discontinued operations Minorites 1H

25 Net debt evolution ( m) FY 2014 (5,361) (677) (6,038) Net debt/ebitda = 3.3x NFCF (804) Average maturity = 5.9yrs +966 m Forex (162) Average cost of gross debt = 5.2% 1H 2015 (6,196) (808) (7,004) Current availability = 2.1 bn Tax partnership liabilities 24

26 Debt structure By currency By interest rate By maturity 1 Euro 65% 7.9 bn 7% 28% USD Other Fixed + Hedged 65% 7.9 bn 35% Floating Long-term 81% 7.9 bn 19% Short-term One-to-one third party - parent company ratio 25

27 Forward sales Italy Spain 1 91% 48% 75% 31% Hedged volumes Unhedged volumes Latin America North America 96% 91% 91% 91% Share of hedged production from capacity <

28 Long-term contracts portfolio 1 By geograhy By credit rating By remaining contract duration North America 31% 69% Latin America AA- AA 23% 27% 18% 9% 7% 3% 4% 9% A+ A A- BBB+ BBB AA yrs 89% 7% 4% >15 yrs 0-10 yrs Balanced and diversified geographical presence High quality average credit rating of A+ (investment grade) 96% with remaining average life above 10 years High quality commercial portfolio 1. Based on power revenues as of 1H

29 Agenda Strategic update Analysis of results Closing remarks 28

30 Closing remarks Visible growth route at global level Growth supported by robust cash generation Selective asset management as a strategic tool On track to achieve 2015 targets 29

31 Enel Green Power Annexes Rome July 29, 2015

32 Gross pipeline (GW) By probability of success By technology Highly confident (90%) Likely (50%) Potential (20%) June 2015 Wind Hydro Geo Solar Biomass June 2015 By geography By COD Europe North America Latin America Rest of World June >2019 June

33 Total projects in execution (MW) Business unit Wind Hydro Geo Solar Other Total Italy Greece Europe Brazil Chile Costa Rica Mexico Uruguay Latin America ,768 USA North America South Africa Rest of World Total 1, ,895 32

34 Projects under construction (MW) Business unit Wind Hydro Geo Solar Other Total Italy Greece Europe Brazil Chile Costa Rica Mexico Uruguay Latin America USA North America South Africa Rest of World Total ,793 33

35 Projects ready to build (MW) Business unit Wind Hydro Geo Solar Other Total Italy Greece Europe Brazil Chile Costa Rica Mexico Uruguay Latin America USA North America South Africa Rest of World Total ,102 34

36 Net installed capacity (MW) Business unit Wind Hydro Geo Solar Other Total Italy 720 1, ,115 Rest of Europe Bulgaria Greece Romania Iberia 1, ,836 Spain 1, ,710 Portugal Europe 3,201 1, ,835 Brazil Chile Costa Rica Mexico Panama Guatemala Latin America 1, ,988 USA 1, ,980 Canada North America 1, ,083 South Africa Rest of World Total 5,956 2, ,916 35

37 Additional capacity (MW) Business unit Wind Hydro Geo Solar Other Total Italy Rest of Europe Bulgaria Greece Romania Iberia Spain Portugal Europe Brazil Chile Costa Rica Mexico Panama Guatemala Latin America USA Canada North America South Africa Rest of World Total

38 Net production (GWh) Business unit Wind Hydro Geo Solar Other Total Italy 691 3,466 2, ,104 Rest of Europe ,084 Bulgaria Greece Romania Iberia 2, ,317 Spain 1, ,152 Portugal Europe 3,828 3,539 2, ,505 Brazil Chile Costa Rica Mexico Panama Guatemala Latin America 1,197 1, ,088 USA 2, ,433 Canada North America 2, ,582 South Africa Rest of World Total 7,900 5,786 3, ,184 37

39 Net production by technology (GWh) +4% Load factor 16,471 (222) , ,942 3,085 7,310 7,900 6,008 5,786 1H 2014 Hydro Wind Geo Solar Other 1H H H 2015 Hydro 53% 51% Wind 33% 32% Geo 85% 85% Solar 15% 16% Total 43% 41% Top notch load factor Hydro Wind Geo Solar Other 38

40 Net production by geography (GWh) +4% Load factor 16,471 (561) 1, ,184 1H H ,524 1,872 3,582 3,088 Europe 43% 41% Latin America 40% 42% 11,075 10,514 North America 45% 40% Total 43% 41% 1H 2014 Europe 1 Latin America North America 1H Includes South Africa Europe Latin America North America 39

41 Total operating capex ( m) By geography By technology By activity North America 129 Rest of World 139 Europe % 14% 14% 59% Latin America 569 Wind % 21% 5% 16% 7% Solar 202 Other 45 Hydro 152 Geo 74 Growth % 8% Maintenance 79 Total operating capex for the period = 973 m 40

42 Profit & loss ( m) 1H H 2014 Energy revenues % Revenues from incenives (43) -10% Other revenues n.m. Total revenues 1,593 1, % Direct costs (65) -33% Energy & fuel puchases (74) -46% Transmission costs % Other % Personnel costs % Operation & maintenance % G&A and other % Total costs (1) - 1H H 2014 EBITDA 1, % D&A (425) (320) (105) +33% EBIT % Net financial expense (129) (135) 6-4% Income from equity investment 6 28 (22) -79% EBT % Income tax (133) (139) 6-4% Continuing operations % Discontinued operations - (5) 5 n.m. Net income % Minorities % Group net income % 1. 1H 2014 includes a managerial reclassification of some G&A costs 41

43 Debt structure From net to gross debt ( bn) Third party debt breakdown Structured finance 0.3 bn 7% 29% Bank loans & other 1.1 bn 50% 50% Development institutions & ECAs 1.8 bn 44% 4.0 bn 20% Tax partnerships 0.8 bn Net debt June 30, 2015 Cash & equivalent Financial receivables Gross debt June 30, 2015 Third party Parent company Average maturity = 5.9yrs Average cost of debt = 5.2% Current availability = 2.1 bn 42

44 Long-term debt maturity ( m) >2019 Total Third party ,026 3,952 Parent company ,455 2,467 Total ,481 6,419 43

45 Capital structure ( m) Net fixed assets 17,106 14,337 16,672 2, (498) 9,668 7,004 Assets WIP Equity Investments NWC Other provisions Net invested capital Total equity Net debt 58% 42% 44

46 Disclaimer This presentation contains certain forward-looking statements that reflect the Company s management s current views with respect to future events and financial and operational performance of the Company and its subsidiaries. These forward looking statements are based on Enel Green Power S.p.A. s current expectations and projections about future events. Because these forward-looking statements are subject to risks and uncertainties, actual future results or performance may differ materially from those expressed in or implied by these statements due to any number of different factors, many of which are beyond the ability of Enel Green Power S.p.A. to control or estimate precisely, including changes in the regulatory environment, future market developments, fluctuations in the price and other risks. You are cautioned not to place undue reliance on the forward-looking statements contained herein, which are made only as of the date of this presentation. Enel Green Power S.p.A. does not undertake any obligation to publicly release any updates or revisions to any forward-looking statements to reflect events or circumstances after the date of this presentation. This presentation does not constitute a recommendation regarding the securities of the Company. Pursuant to article 154-bis, par 2, of the Consolidated Financial Act of February 24, 1998, the executive in charge of preparing the corporate accounting documents at Enel Green Power S.p.A., Giulio Antonio Carone, declares that the accounting information contained herein correspond to document results, books and accounting records. 45

47 Contact us Donatella Izzo, IR manager Elena Accorinti Federico Caggia Alessandro Marchi Etienne Martoïa T: F: Web site: 46

1Q 2014 Results. May 8, 2014

1Q 2014 Results. May 8, 2014 1Q 2014 Results May 8, 2014 Opening remarks Italian and Iberian operations EBITDA up by 7%, despite weak demand and negative regulatory framework in Spain Strong increase in demand in Latam, up by ca.

More information

2015 Investor day 2015-19 Strategic Plan New foundations for growth

2015 Investor day 2015-19 Strategic Plan New foundations for growth 2015 Investor day 2015-19 Strategic Plan New foundations for growth March 19, 2015 2015 Investor day Agenda 2014 main developments Francesco Starace CEO FY 2014 results Alberto De Paoli CFO 2015-2019 strategic

More information

9M2005 Consolidated Results Fulvio Conti Chief Executive Officer

9M2005 Consolidated Results Fulvio Conti Chief Executive Officer 9M2005 Consolidated Results Fulvio Conti Chief Executive Officer Rome, 9 November 2005 Agenda 1. 9M2005 Results 2. 2005 and 2006 outlook 3. Questions & Answers 1 9M2005 results - Highlights Results 9M05/9M04

More information

Enersis* FY 2015 results

Enersis* FY 2015 results *On Feb the 1 st 2016, it was announced the spin off Enersis into Enersis Americas and Enersis Chile for legal & accountant purposes. Both companies continue to be traded under the same ticker until the

More information

Enersis: corporate reorganization update and 1H 2015 results. July 28, 2015

Enersis: corporate reorganization update and 1H 2015 results. July 28, 2015 : corporate reorganization update and 1H 2015 results July 28, 2015 Corporate Reorganization Update 2 Corporate structure reorganization Objectives of the transaction under analysis To simplify the Corporate

More information

2011 Results 2012-2016 Plan

2011 Results 2012-2016 Plan 2011 Results 20122016 Plan Rome March 8, 2012 2011 Results & 20122016 Plan Agenda 2011 macro scenario Worldwide Energy industry 2011 results 2012 outlook 20122016 strategic update Macro assumptions Key

More information

Earnings Release 9M2015

Earnings Release 9M2015 Earnings Release 9M2015 19 November 2015 Results overview Regional segments Final remarks PAGE 3 PAGE 12 PAGE 22 Europe Africa Latin America 2 Key highlights Consolidation of EGF in the 3Q15, according

More information

9M10 Results Presentation

9M10 Results Presentation 9M10 Results Presentation November 5th, 2010 9M10: Highlights of the period EBITDA: 2,651m, +9% YoY EBITDA from Brazil: +28% YoY: 19% of EDP Group EBITDA in 9M10 Electricity distributed +15% YoY EBITDA

More information

Presentation of Grupo ACS. September 2009

Presentation of Grupo ACS. September 2009 Presentation of Grupo ACS September 2009 Strategic vision A global leader in infrastructure development In the fields of civil and industrial engineering activities With sustainable and profitable growing

More information

9M2004 Consolidated Results

9M2004 Consolidated Results 9M2004 Consolidated Results Fulvio Conti Chief Financial Officer Rome, 11 November 2004 Income statement (Euro Mn) 9M2004 9M2003 % change 3Q2004 3Q2003 % change 25,984 23,293 11.6% Revenues 9,036 7,872

More information

Innovative Technology Solutions for Sustainability ABENGOA. Understanding the Value in Concessions. Analyst & Investor Day.

Innovative Technology Solutions for Sustainability ABENGOA. Understanding the Value in Concessions. Analyst & Investor Day. Innovative Technology Solutions for Sustainability ABENGOA Understanding the Value in Concessions Eduard Soler Analyst & Investor Day May 2012 1 Our Portfolio of Concessions today 2 Our Business Model

More information

1. H1 2014 key highlights

1. H1 2014 key highlights 30 th July 2014 Disclaimer This document has been prepared by ACCIONA, S.A. ( ACCIONA or the Company ) exclusively for use during the presentation of financial results for the firsthalf of 2014 (H1 2014).

More information

Enersis 1H 2014 results 28/07/2014

Enersis 1H 2014 results 28/07/2014 Enersis 1H 2014 results 28/07/2014 Consolidated results 1H 2014 Highlights EBITDA in 1H14 was 1.7 bn USD decreasing by 14.8% vs 1H13 and includes important non-recurring effects mainly in our distribution

More information

Transcript 9M 2015 consolidated results November 13, 2015. Transcript 9M 2015 consolidated results November 13, 2015 M BP2013-2017

Transcript 9M 2015 consolidated results November 13, 2015. Transcript 9M 2015 consolidated results November 13, 2015 M BP2013-2017 Transcript 9M 2015 consolidated results November 13, 2015 M BP2013-2017 1 Corporate Participants Francesco Venturini Enel Green Power SpA - CEO Donatella Izzo Enel Green Power SpA - Head of IR Conference

More information

Results Presentation Jan-Sep 2014. November 25 th, 2014

Results Presentation Jan-Sep 2014. November 25 th, 2014 Results Presentation Jan-Sep 2014 November 25 th, 2014 Disclaimer This document has been prepared by Grupo Isolux Corsán, S.A.; therefore no part of it may be published, disclosed or distributed in any

More information

2014 HALF YEAR RESULTS 4 September 2014

2014 HALF YEAR RESULTS 4 September 2014 862m H1 2014 Revenues 2014 HALF YEAR RESULTS 4 September 2014 57% of Revenues for International in H1 2014 21,657 Employees In H1 2014 Disclaimer This presentation contains forward-looking statements (as

More information

FINANCIAL OVERVIEW. Juan Carlos Baena

FINANCIAL OVERVIEW. Juan Carlos Baena 07 FINANCIAL OVERVIEW Juan Carlos Baena Disclaimer This presentation has been produced by Indra for the sole purpose expressed therein. Therefore, neither this presentation nor any of the information contained

More information

João Manso Neto. EDP Renováveis

João Manso Neto. EDP Renováveis João Manso Neto EDP Renováveis EDPR is a market leader with 8.6 GW of installed capacity worldwide #4 worldwide wind player EDP Group company focused on wind and solar investments 77.5% EDP SHAREHOLDING

More information

Press release March 5, 2015

Press release March 5, 2015 2014 FULL YEAR RESULTS: GROWTH MOMENTUM CONFIRMED Acceleration of organic sales growth Further growth in Recurring Operating Income, up by +10.6% Net income from continuing operations up by +24.6% Increase

More information

Impregilo Presentation of the Business Plan 2013-2015. Pietro Salini Chief Chief Executive Officer

Impregilo Presentation of the Business Plan 2013-2015. Pietro Salini Chief Chief Executive Officer Impregilo Presentation of the Business Plan 2013-2015 Pietro Salini Chief Chief Executive Officer Milan, 11 December 2012 Disclaimer 2 This document has been prepared by Impregilo S.p.A. (the Company )

More information

Disclaimer. purposes only. Not for distribution in the United States, Japan, Australia, Italy or Canada.

Disclaimer. purposes only. Not for distribution in the United States, Japan, Australia, Italy or Canada. 8 April 2011 Disclaimer THIS PRESENTATION MAY NOT BE DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, JAPAN, ITALY, AUSTRALIA, CANADA OR ANY OTHER COUNTRY IN WHICH THE DISTRIBUTION OR DIFFUSION

More information

2005 Results 2006-2010 Plan. London, 23 March 2006

2005 Results 2006-2010 Plan. London, 23 March 2006 2005 Results 2006-2010 Plan London, 23 March 2006 0 Agenda 2005 Results Luigi Ferraris 2006-2010 plan Market Francesco Starace Generation & Energy Management Sandro Fontecedro Infrastructure & Network

More information

Cash Drivers and Enterprise Value

Cash Drivers and Enterprise Value Cash Drivers and Enterprise Value Global Investor Forum 2009, Broughton, 1 st & 2 nd April 2009 Gérard Adsuar Corporate Executive Finance & Treasury, EADS 1 1 Safe Harbour Statement Disclaimer This presentation

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

FY2008 RESULTS. 1 February 2008 to 31 January 2009

FY2008 RESULTS. 1 February 2008 to 31 January 2009 FY RESULTS 1 February to 31 January 2009 Net sales for FY reached 10,407 million. Net sales in local currencies and constant perimeter increased by 12%. INDITEX outperformed the sector in a challenging

More information

Investing for growth. 1 Tel: f u l l y e a r r e s u l t s

Investing for growth. 1   Tel: f u l l y e a r r e s u l t s Investing for growth 2013 1 E-mail: ir@ferrovial.es Tel: +34 91 586 27 30 f u l l y e a r r e s u l t s Disclaimer This document may contain statements that constitute forward looking statements about

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

Kuehne + Nagel International AG Analyst Conference Call Q1 results 2015. April 14, 2015 (CET 14.00) Schindellegi, Switzerland

Kuehne + Nagel International AG Analyst Conference Call Q1 results 2015. April 14, 2015 (CET 14.00) Schindellegi, Switzerland Kuehne + Nagel International AG Analyst Conference Call Q1 results 2015 (CET 14.00) Schindellegi, Switzerland Forward-looking statements This presentation contains forward-looking statements. Such statements

More information

Legal Notice / 2 DISCLAIMER

Legal Notice / 2 DISCLAIMER Legal Notice DISCLAIMER This document has been prepared by Iberdrola, S.A. exclusively for use during the presentation of financial results of the first semester of the 2016 fiscal year. As a consequence

More information

1Q15 Results Presentation May 13 th, 2015

1Q15 Results Presentation May 13 th, 2015 1Q15 Results Presentation May 13 th, 2015 Results Highlights Revenues growth & solid backlog Relevant projects awarded Operating margins increase Reorganization is paying off Solid operating cash flow

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

An Introduction to FleetCor Technologies

An Introduction to FleetCor Technologies An Introduction to FleetCor Technologies A Leading Global Provider of Fleet Cards and Specialty Payments to Businesses March 2012 Safe Harbor Provision This presentation contains statements that express

More information

2013 Results 2014-2018 Plan. March 12, 2014

2013 Results 2014-2018 Plan. March 12, 2014 2013 Results 20142018 Plan March 12, 2014 Agenda Opening remarks Fulvio Conti CEO & General Manager 2013 results Luigi Ferraris CFO 20142018 Strategic update Fulvio Conti Overall financial targets 1 Opening

More information

Public Offer on Eiffage

Public Offer on Eiffage Public Offer on Eiffage Creation of a leading Group in the Construction sector Important notice This presentation has been prepared by Sacyr Vallehermoso solely for the purpose of presenting the proposed

More information

Logista Q Results. February 9, 2016

Logista Q Results. February 9, 2016 Logista Q1 2016 Results February 9, 2016 Logista reports Q1 2016 Results Logista announces today its First Quarter Results for 2016. Main highlights: Revenues growing by 2.3% Good performance of Economic

More information

FINANCIAL RESULTS Q1 2016

FINANCIAL RESULTS Q1 2016 FINANCIAL RESULTS Q1 2016 CFO Hallvard Granheim 28 th April 2016 Highlights Q1 Increase in underlying results (EBITDA) - Nordic prices are down 15% Q-on-Q - High production from Nordic hydropower assets

More information

Kuehne + Nagel International AG Analyst Conference Call Full-year 2015 results. March 2, 2016 (CET 14.00) Schindellegi, Switzerland

Kuehne + Nagel International AG Analyst Conference Call Full-year 2015 results. March 2, 2016 (CET 14.00) Schindellegi, Switzerland Kuehne + Nagel International AG Analyst Conference Call Full-year results March 2, 2016 (CET 14.00) Schindellegi, Switzerland Forward-looking statements This presentation contains forward-looking statements.

More information

Iberian Regulated Energy Networks

Iberian Regulated Energy Networks Iberian Regulated Energy Networks António Martins da Costa Board Member EDP Investor Day May 20th, 2010 EDP Energy Regulated Networks Iberia: Geographical footprint Geographical Presence 2010E Regulated

More information

ABENGOA. 2014: Financial Review. Barbara Zubiria. 8th Annual Analyst and Investor Day. EVP, Capital Markets & IR

ABENGOA. 2014: Financial Review. Barbara Zubiria. 8th Annual Analyst and Investor Day. EVP, Capital Markets & IR Innovative Technology Solutions for Sustainability ABENGOA 2014: Financial Review Barbara Zubiria EVP, Capital Markets & IR 8th Annual Analyst and Investor Day April 3 & 4, 2014 Forward-looking Statement

More information

FURTHER PROFIT GROWTH IN FIRST-HALF 2015

FURTHER PROFIT GROWTH IN FIRST-HALF 2015 FURTHER PROFIT GROWTH IN FIRST-HALF 2015 Net sales of 37.7bn, up +5.2% (+2.9% on an organic basis) Growth in Recurring Operating Income: 726m, +2.6% at constant rates Strong growth in adjusted net income,

More information

First Half 2015 Results (January-June) Madrid, July 24 th 2015

First Half 2015 Results (January-June) Madrid, July 24 th 2015 First Half 2015 Results (January-June) Madrid, July 24 th 2015 Table of Contents 1. 1H 2015 Highlights 2. Backlog Execution 3. Update on Tulpar Transaction 4. Commercial Activity 5. Profit & Loss 6. Cash

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

Kuehne + Nagel International AG Analyst Conference Call Q1 Results 2014

Kuehne + Nagel International AG Analyst Conference Call Q1 Results 2014 Kuehne + Nagel International AG Analyst Conference Call Q1 Results 2014 April 14, 2014 Schindellegi, Switzerland Forward-Looking Statements This presentation contains forward-looking statements. Such statements

More information

RESULTS AT SEPTEMBER 30, 2015

RESULTS AT SEPTEMBER 30, 2015 BOARD OF DIRECTORS EXAMINES CONSOLIDATED RESULTS AT SEPTEMBER 30, 2015 RESULTS AT SEPTEMBER 30, 2015 CONSOLIDATED REVENUE: 3,217.0 MILLION EURO (3,115.7 MILLION EURO AT SEPTEMBER 30, 2014) RECURRING EBITDA:

More information

FY2011 RESULTS. 1 February 2011 to 31 January INDITEX continues its global, multi-concept, multi-channel growth.

FY2011 RESULTS. 1 February 2011 to 31 January INDITEX continues its global, multi-concept, multi-channel growth. FY RESULTS 1 February to 31 January 2012 INDITEX continues its global, multi-concept, multi-channel growth. Net sales for FY reached 13.8 billion, 10% higher. Net sales in local currencies increased by

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

Enel Russia Investor Day Strategic Plan 2015-19. Moscow, 8 April 2015

Enel Russia Investor Day Strategic Plan 2015-19. Moscow, 8 April 2015 Enel Russia Investor Day Strategic Plan 2015-19 Moscow, 8 April 2015 2 Enel Russia Investor Day Agenda 2014 main developments and strategic plan for 2015-19 2015-19 key financial figures Closing remarks

More information

INTERIM HALF YEAR 2016 RESULTS

INTERIM HALF YEAR 2016 RESULTS INTERIM HALF YEAR 2016 RESULTS 1 February 2016 to 31 July 2016 Inditex continues to expand its global, fully integrated store and online sales platform. In 1H2016 Inditex achieved a strong operating performance.

More information

BMO 2016 Fixed Income Infrastructure & Utilities Conference

BMO 2016 Fixed Income Infrastructure & Utilities Conference BMO 2016 Fixed Income Infrastructure & Utilities Conference 1 Forward Looking Statements This presentation may include forward-looking statements or information (collectively referred to herein as forward-looking

More information

March 2015 Debt Investor Update

March 2015 Debt Investor Update March 2015 Debt Investor Update E u r o p e s O n l y U l t r a L o w C o s t C a r r i e r Proven, resilient business model Europe s lowest fares/lowest unit costs Europe s No 1, Traffic Europe s No 1,

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

Electricity Supply Board

Electricity Supply Board Electricity Supply Board Investor Presentation 2012 Interim Results December 2012 Disclaimer Forward looking statements: This presentation contains certain forward-looking statements with respect to ESB

More information

Financial Results Q1 2014. Jacques Purnode, Chief Finance Officer

Financial Results Q1 2014. Jacques Purnode, Chief Finance Officer Financial Results 2014 Jacques Purnode, Chief Finance Officer Forward Looking Statements This Presentation may include forward-looking statements. Forward-looking statements are statements regarding or

More information

FULL YEAR RESULTS March 2016

FULL YEAR RESULTS March 2016 FULL YEAR RESULTS 2015 15 March 2016 DISCLAIMER THIS COMMUNICATION CONTAINS STATEMENTS THAT CONSTITUTE FORWARD-LOOKING STATEMENTS INCLUDING, BUT NOT LIMITED TO, THOSE USING THE WORDS BELIEVES, ASSUMES,

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

Europe: Growth of +7.8% in Recurring Operating Income France: New half of improved profitability

Europe: Growth of +7.8% in Recurring Operating Income France: New half of improved profitability 2014 FIRST HALF RESULTS: CONTINUED GROWTH Organic sales growth of 4.3% Increase in Recurring Operating Income of +13.8% Strong increase in adjusted net income, Group share of +16.7% Strong profit growth

More information

5 th Regulatory Period & Acquisition of FS HV Grid

5 th Regulatory Period & Acquisition of FS HV Grid 5 th Regulatory Period & Acquisition of FS HV Grid December 30 th, 2015 MATTEO DEL FANTE CHIEF EXECUTIVE OFFICER PIERPAOLO CRISTOFORI CHIEF FINANCIAL OFFICER LUIGI DE FRANCISCI CHIEF REGULATORY OFFICER

More information

GENERALI GROUP 1Q 2016 Results

GENERALI GROUP 1Q 2016 Results GENERALI GROUP 1Q 2016 Results The like for like change of written premiums, life net inflows, APE and NBV is on equivalent terms (on equivalent exchange rates and consolidation area). Agenda 2 I. Profit

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

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

FINANCIAL RESULTS Q2 2015

FINANCIAL RESULTS Q2 2015 FINANCIAL RESULTS Q2 2015 CEO CHRISTIAN RYNNING-TØNNESEN CFO HALLVARD GRANHEIM 23 July 2015 Highlights Solid underlying results (EBITDA) - Lower Nordic prices offset by increased production and contribution

More information

PIERRE JEAN SIVIGNON FINANCIAL. Deputy Chief Executive Officer, Chief Financial Officer RESULTS

PIERRE JEAN SIVIGNON FINANCIAL. Deputy Chief Executive Officer, Chief Financial Officer RESULTS FULL YEAR RESULTS FINANCIAL RESULTS PIERRE JEAN SIVIGNON Deputy Chief Executive Officer, Chief Financial Officer FURTHER PROFIT GROWTH IN 2015 Variation at (in m) 2014 2015 (1) constant exch. rates Variation

More information

Strong margin performance despite headwinds on topline

Strong margin performance despite headwinds on topline Strong margin performance despite headwinds on topline Q2 HIGHLIGHTS (Q2 08 vs. Q2 07) Revenues of 5.2 billion, down 1% ( -1% organically 1 ) Gross margin up 50 bps to 18.1% on an underlying 2 basis EBITA

More information

GE Capital. Liquidity and Funding Overview. Global issuer of long and short term debt. 2012 third quarter

GE Capital. Liquidity and Funding Overview. Global issuer of long and short term debt. 2012 third quarter Liquidity and Funding Overview Global issuer of long and short term debt This document contains forward-looking statements - that is, statements related to future, not past, events. In this context, forward-looking

More information

November 14 th, 2014. 3Q/14 Results Presentation

November 14 th, 2014. 3Q/14 Results Presentation November 14 th, 2014 3Q/14 Results Presentation Results Highlights Good operating performance Sound contracting activity Stable net debt despite investment expansion HOCHTIEF restructuring process is starting

More information

July 30 th, 2015 2015 HALF-YEAR RESULTS

July 30 th, 2015 2015 HALF-YEAR RESULTS Disclaimer Confidential IMPORTANT NOTICE: By attending the meeting where this presentation is given, or by reading the presentation slides, you agree to be bound by the following limitations and qualifications:

More information

1H15 Results Presentation July 31 st, 2015

1H15 Results Presentation July 31 st, 2015 1H15 Results Presentation July 31 st, 2015 Results Highlights Increasing visibility on revenues Strong order intake 1H15 Good operating results Operating margins increase Positive operating cash flow Working

More information

FINANCIAL INFORMA TION INFORMA AS OF MARCH 31, 2015

FINANCIAL INFORMA TION INFORMA AS OF MARCH 31, 2015 FINANCIAL INFORMATION AS OF MARCH 31, 2015 KEY MESSAGES Q1 2015 figures in line with full year expected trajectory given timing impact of a number of drivers Doel 3/Tihange 2 outages in Q1 2015 while they

More information

THE LOW INTEREST RATE ENVIRONMENT AND ITS IMPACT ON INSURANCE MARKETS. Mamiko Yokoi-Arai

THE LOW INTEREST RATE ENVIRONMENT AND ITS IMPACT ON INSURANCE MARKETS. Mamiko Yokoi-Arai THE LOW INTEREST RATE ENVIRONMENT AND ITS IMPACT ON INSURANCE MARKETS Mamiko Yokoi-Arai Current macro economic environment is of Low interest rate Low inflation and nominal wage growth Slow growth Demographic

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

Press Release. FY 2012/13 Alstom achieves a solid commercial and operational performance and free cash flow turns positive

Press Release. FY 2012/13 Alstom achieves a solid commercial and operational performance and free cash flow turns positive Press Release 7 May 2013 FY 2012/13 Alstom achieves a solid commercial and operational performance and free cash flow turns positive Between 1 April 2012 and 31 March 2013, Alstom booked 23.8 billion of

More information

Eutelsat Communications Full Year 2013-2014 Results. July 31, 2014

Eutelsat Communications Full Year 2013-2014 Results. July 31, 2014 Eutelsat Communications Full Year 2013-2014 Results July 31, 2014 1 Agenda FY 2013-2014 highlights Operational performance Financial overview Outlook -2- FY 2013-2014: Key Figures Revenue Revenues of 1,348

More information

BROOKFIELD RENEWABLE ANNOUNCES 7% DISTRIBUTION INCREASE AND FOURTH QUARTER RESULTS Distribution increased from $1.66 to $1.

BROOKFIELD RENEWABLE ANNOUNCES 7% DISTRIBUTION INCREASE AND FOURTH QUARTER RESULTS Distribution increased from $1.66 to $1. PRESS RELEASE BROOKFIELD RENEWABLE ANNOUNCES 7% DISTRIBUTION INCREASE AND FOURTH QUARTER RESULTS Distribution increased from $1.66 to $1.78 per share BROOKFIELD, News, February 4, 2016 Brookfield Renewable

More information

Star Conference London

Star Conference London Star Conference London London, October 2 Luogo e data nd 2014 Group Overview Strategy Financial Highlights Conclusions Falck Renewables at a glance A pure player in the renewable energy sector Industrial

More information

Deutsche Wohnen AG.» 1st Quarter 2010. Conference Call, 31 May 2010

Deutsche Wohnen AG.» 1st Quarter 2010. Conference Call, 31 May 2010 Deutsche Wohnen AG» 1st Quarter 2010 Conference Call, 31 May 2010 1 » Agenda 1. Highlights 2. Operative development 3. Financials 2 » 1 Highlights 3 » Capitalizing on the completed restructuring > Adjusted

More information

Credit Suisse - Global Health Care Conference. March 1, 2012

Credit Suisse - Global Health Care Conference. March 1, 2012 Credit Suisse - Global Health Care Conference March 1, 2012 Safe Harbor Statement This presentation contains forward-looking statements that are subject to various risks and uncertainties. Future results

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

GLOBAL BANKING & MARKETS

GLOBAL BANKING & MARKETS GLOBAL BANKING & MARKETS Investors Day Boadilla del Monte. September 14 th, 2007 Important information 2 Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements

More information

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO Reed Elsevier Results Erik Engstrom, CEO Duncan Palmer, CFO FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the US Securities Act of

More information

Health Care Worldwide

Health Care Worldwide Health Care Worldwide Credit Suisse Global Credit Products Conference September 18, 2014 Miami Credit Suisse Global Credit Products Conference, September 18, 2014 Copyright Page 1 Safe Harbor Statement

More information

Conference call on the first nine months 2015»

Conference call on the first nine months 2015» Conference call on the first nine months» EnBW Energie Baden-Württemberg AG Karlsruhe, 13 November Thomas Kusterer, Chief Financial Officer Ingo Peter Voigt, Senior Vice President, Head of Finance, M&A

More information

FINANCIAL RESULTS Q1 2012. 16 May 2012

FINANCIAL RESULTS Q1 2012. 16 May 2012 FINANCIAL RESULTS Q1 2012 16 May 2012 Highlights Q1 2012 Satisfactory Q1 financials underlying EBITDA and profit before tax on a par with Q1 2011 - Lower power prices partly offset by increased power generation

More information

José Antonio Álvarez CFO Santander Group

José Antonio Álvarez CFO Santander Group José Antonio Álvarez CFO Santander Group Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements. These forward-looking statements are found in

More information

Iberdrola USA-UIL merger. February 2015

Iberdrola USA-UIL merger. February 2015 Iberdrola USA-UIL merger February 2015 11 Legal Notice DISCLAIMER This document has been prepared exclusively for information purposes by Iberdrola, S.A. in connection with the proposed combination of

More information

Izmit Bay Bridge (Turkey) Opened to the traffic on June 2016 H results

Izmit Bay Bridge (Turkey) Opened to the traffic on June 2016 H results Izmit Bay Bridge (Turkey) Opened to the traffic on June 2016 H1 2016 results 3 rd August 2016 Agenda H1 2016 results FY 2016 outlook Appendix 2 Fit for the Future our Strategy Plan Sustainable growth strategy

More information

2016 Q1 results. Mauricio Ramos, CEO Tim Pennington, CFO 26 th April 2016

2016 Q1 results. Mauricio Ramos, CEO Tim Pennington, CFO 26 th April 2016 2016 Q1 results Mauricio Ramos, CEO Tim Pennington, CFO 26 th April 2016 Disclaimer This presentation may contain certain forward-looking statements with respect to Millicom s expectations and plans, strategy,

More information

Société Générale's Premium Review Conference

Société Générale's Premium Review Conference Strength. Performance. Passion. Société Générale's Premium Review Conference Bernard Fontana, CEO Holcim Group Société Générale's Premium Review Conference 2012 Holcim Ltd Agenda Assessing our strategy

More information

Bertelsmann Annual Results 2010 Investor Conference Call

Bertelsmann Annual Results 2010 Investor Conference Call Bertelsmann Annual Results 2010 Investor Conference Call March 29, 2011 Dr. Thomas Rabe Member of the Executive Board and Chief Financial Officer Bertelsmann AG Summary and highlights Operating performance

More information

Investor presentation

Investor presentation Investor presentation May 2016 Our values Predictable Driving results Changemakers Working together Disclaimer The following presentation is being made only to, and is only directed at, persons to whom

More information

Q1 2016 Results Conference Call

Q1 2016 Results Conference Call Q1 2016 Results Conference Call Karim Bohn, CFO 10 May 2016 PATRIZIA Immobilien AG PATRIZIA Bürohaus Fuggerstrasse 26 86150 Augsburg T +49 821 50910-000 F +49 821 50910-999 immobilien@patrizia.ag www.patrizia.ag

More information

Deutsche Wohnen AG.» Investor Presentation. September 2010

Deutsche Wohnen AG.» Investor Presentation. September 2010 Deutsche Wohnen AG» Investor Presentation September 21 1 » Agenda 1 2 3 4 Introduction to Deutsche Wohnen Portfolio Overview and Operations Financial Highlights Guidance and Strategic Objectives 2 » 1

More information

2012 1ST QUARTER RESULTS

2012 1ST QUARTER RESULTS Al Hidd,Bahrain 2012 1ST QUARTER RESULTS Dunamenti, Hongrie, CCGT Laja, Chile 2011 RÉSULTATS ANNUELS April 23, 2012 9 février 2012 Solid Q1 performance on track to achieve 2012 guidance In bn Q1 2012 Q1

More information

Kuehne + Nagel International AG Analyst Conference Call First quarter 2016 results. April 19, 2016 (CET 14.00) Schindellegi, Switzerland

Kuehne + Nagel International AG Analyst Conference Call First quarter 2016 results. April 19, 2016 (CET 14.00) Schindellegi, Switzerland Kuehne + Nagel International AG Analyst Conference Call First quarter 2016 results April 19, 2016 (CET 14.00) Schindellegi, Switzerland Forward-looking statements This presentation contains forward-looking

More information

Interim Nine Months 2015 Results

Interim Nine Months 2015 Results 1 February 2015 to 31 October 2015 Inditex continues to expand its global, fully integrated store and online sales platform. Strong operating performance: Store & Online sales in local currencies increased

More information

2015 annual results. 16 th March 2016

2015 annual results. 16 th March 2016 2015 annual results 16 th March 2016 Legal disclaimer Certain statements in this document are forward-looking statements. These forward-looking statements speak only as at the date of this document. These

More information

FY RESULTS 27 FEBRUARY 2015. Tom Enders I Chief Executive Officer Harald Wilhelm I Chief Financial Officer

FY RESULTS 27 FEBRUARY 2015. Tom Enders I Chief Executive Officer Harald Wilhelm I Chief Financial Officer 1 FY RESULTS 27 FEBRUARY 2015 Tom Enders I Chief Executive Officer Harald Wilhelm I Chief Financial Officer SAFE HARBOUR STATEMENT 2 Disclaimer This presentation includes forward-looking statements. Words

More information

9M 2015 Results 11 November 2015. 9M 2015 Results 1

9M 2015 Results 11 November 2015. 9M 2015 Results 1 11 November 2015 1 Agenda 1 Greentech at a glance 2 3 2015 Outlook 4 Appendix 2 Agenda 1 Greentech at a glance 2 3 2015 Outlook 4 Appendix 3 Greentech at a glance Vision A leading GREEN PLAYER generating

More information

VERBUND AG, www.verbund.com

VERBUND AG, www.verbund.com VERBUND Results quarter 1/2015 Vienna, 06/05/2015 Results quarter 1/2015 Page 3 At a glance Influencing factors Water supply 3% above long-term average and 10%-points above Q1/2014 Reduction of average

More information

UBS Global Financials Conference

UBS Global Financials Conference UBS Global Financials Conference George Culmer, Group CFO Simon Lee, CEO International 11 May 21 AGENDA Overview George Culmer, CFO UK International Simon Lee, CEO International Emerging Markets Wrap up

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