PETROL Ljubljana, September 30th, 2014.

Slides:



Advertisements
Similar presentations
Woolworths holdings limited Revenue up 15.1% to R13.0bn Operating profit up 24.3% - R1.3bn Operating profit margin widened from 9.0% to 9.7% Net profit.
Advertisements

2 1 Financial results for H Zagreb July, 2014.
INA Group Results and activities in 2011 Zagreb, February 14, 2012.
Executive Summary Nokia's net sales in 2003 decreased by 2% compared with 2002 and totaled EUR million (EUR million in 2002). Operating.
February 2013 Corporate Presentation. China Gas Overview 2 Natural Gas Services Operator Operates in 172 city concessions with 30-year monopolistic operating.
August 28, 2001 Hong Kong China Petroleum & Chemical Corporation 2001 Interim Results Announcement.
Energy Technologies and Environmental Protection April 3 rd, 2006, Bucharest.
Pwc Performance Measurement Frameworks Acumen Fund - Discussion Document June 16, 2008 *connectedthinking.
Business Portfolio Adding Value to Investors Luiz Fernando Rolla CFO October, 2008.
NORDSTROM, INC. Nicole Conte ACG2021- Sec Welcome to Nordstrom. Would you like to sign in?sign in your accountyour account | shopping bag: 1 item.
Strategic Management Financial Ratios
China Petroleum & Chemical Corporation 1H 2004 Results Announcement 30 August 2004 Hong Kong.
Managing Finance and Budgets Seminar 4. Seminar Four - Activities  Preparation: read Chapter 7 (M & A 2 nd Edition) Or Chapter 6 (M & A 1 st Edition)
Analysing and interpreting financial statements
Polo Ralph Lauren Executive Summary
Chapter 1 Corporate financial strategy: setting the context
Accounting Ratios S4 Accounting. RATIO ANALYSIS Ratio analysis is the process of determining and interpreting numerical relationship based on financial.
Eli Lilly and company Matt Spahlinger ACG
Chevron Greg Hines ACG Executive Summary Chevron has had a great year, they have increased their sales greatly from the previous year. They are.
EVN - Energy and Environment Services
ANNUAL REPORT HEWLETT-PACKARD VICTORIA KENWARD ACG2021 SECTION 002.
Historical Performance Analysis Analysts:. 3-Year Compound Average Growth Rates.
29 April 2010 China Petroleum & Chemical Corporation Q Results Announcement.
CITGO Petroleum Corporation Sheryll Dean ACG2021 Section 0H1 & 008
INTERPRETING FINANCIAL STATEMENTS
 McBride plc Key Message Business Strategy has again delivered Full Year Profit, Cash and Dividends in line with market expectations.
1 April 30,2004 China Petroleum & Chemical Corporation Q Results Announcement.
1 28 April 2006 China Petroleum & Chemical Corporation Q Results Announcement.
Accounting & Financial Analysis 111 Lecture 8 Ratio Analysis, Break-even point.
Tiffany & Co. Ashley Dempsey ACG Executive Summary Although Tiffany’s financial goals were not meet for the year they still had a 10% increase.
What is Raymond James Investment Services?  The Chief Executive Officer for Raymond James is Paul Reilly.  Their Home location is 880 Carillon Parkway,
Wal-Mart Anthony Tornese ACG Wal-Mart.. – Is a publically traded company – Sells a wide variety of products From home goods to car accessories.
Page 1 MAYR-MELNHOF KARTON AG FINANCIAL RESULTS 2002 April 23, 2003.
1 April 29, 2005 China Petroleum & Chemical Corporation Q Results Announcement.
Copyright © 2007 by The McGraw-Hill Companies, Inc. All rights reserved. Analyzing Financial Statements Chapter 14.
National Holding & Emirates International Investment Company Charting a Sustainable Roadmap with Strategic Partnerships.
A Private Distribution-Self Offering, Investment with No Minimum Purchase!
BP ANNUAL REPORT By: Ricky Rieck Mrs. Crosson ACG2021C.
Annual Report Annual Report El mostafa Achar El mostafa Achar ACG2021,section002 ACG2021,section002.
Allete Jonathan A. Hill ACG2021 SECTION 008. Executive Summary Allete is returning to its core business (Energy). In the past 2 years Allete has been.
CEZ GROUP 1 INVESTMENT RECOMMENDATION TO DECEMBER 21, CFA INVESTMENT RESEARCH CHALLENGE MARCH 3, 2011 MADRID.
© Pearson Education 2002 Financial ratio classification Categories Profitability Efficiency Liquidity Gearing Investment.
3.6 Ratio Analysis Chapter 23 – Part 2.
Annual Report Wachovia Stephanie Cagnet 080. Executive Summary Wachovia consists of a diverse banking system designed to benefit its shareholders by operating.
Using Financial Information and Accounting Chapter 14.
Annual Report Jessica Howarth ACG Executive Summary Tiffany & Co. experienced a modest growth in sales and earnings during Tiffany & Co.
“Running by the Numbers”.  Used to “capitalize” the venture  A = L + OE  How much Owners Equity?  How much Debt?
Peter D. Easton Mary Lea McAnally Greg Sommers Xiao-Jun Zhang ©Cambridge Business Publishers, 2015 M ODULE 3 Profitability Analysis and Interpretation.
Financial Results of Technodinamika Holding Company for 2014 Setting New Standards.
29 April 2009 China Petroleum & Chemical Corporation Q Results Announcement.
CHINA GAS HOLDINGS LIMITED FY2013 ANNUAL RESULTS BRIEFING June 26, 2013.
Croda International Plc Results for 6 months to 30 June 2006.
August, 30 th 2013 Presentation HELEX Investor Relations Strategic Planning, Communication & I.R. Division.
Ratio Analysis…. Types of ratios…  Performance Ratios: Return on capital employed. (Income Statement and Balance Sheet) Gross profit margin (Income Statement)
Annual Report Alcoa Co. Dustin Leslie ACG fall A.
Peter Atrill, Financial Management for Decision Makers, 6 th Edition, © Pearson Education Limited 2012 Slide 3.1 Chapter 3 Analysing and interpreting financial.
FTSE 100 Company Unilever Sharon Seys (3AFC)
Financial Ratios.
Historical Performance Analysis
ALi Corporation (3041 TT) 4Q16 Investor Conference
Financial Strategy and Financial Objectives
Channel Management and Logistics
Practice in managing risk. Case studies – petroleum & energy industry
Financial ratio classification
China Petroleum & Chemical Corporation Q Results Announcement
AB “Energijos skirstymo operatorius” Financial results for 6 months of
Regional Expansion: Opportunity & Challenge
Ratio Analysis - Overview
Financial Statements: Basic Concepts and Comprehensive Analysis
Sava Re Group 1-3/2015 Results.
Presentation transcript:

PETROL Ljubljana, September 30th, 2014

Contents Petrol Group’s Results Strategy 2014 - 2018 Investor Information Appendix Ljubljana, September 30th, 2014

1. PETROL GROUP‘S RESULTS

Introduction of the Petrol Group 4 The leading Slovenian energy company and the principal strategic supplier of petroleum products and other energy products in Slovenia. Main business areas: oil trading activity, gas, electricity and other energy and environmental activities. The largest company and largest group in Slovenia by turnover in 2013. Third largest company by market capitalisation on the Ljubljana Stock Exchange as per 31.8.2014. 39.7% indirectly owned by the Slovenian government, primarily through two state- owned funds (Slovenska odškodninska družba d.d. and Kapitalska družba d.d.). Sales revenue in 2013: EUR 3,947 million EBITDA in 2013: EUR 134 million Ljubljana, September 30th, 2014

The Petrol Group – 25 companies in 8 countries Parent Company Petrol d.d., Ljubljana Subsidiaries in Slovenia Petrol Maloprodaja Slovenija d.o.o., Ljubljana Petrol Tehnologija d.o.o., Ljubljana Petrol Energetika d.o.o., Ravne na Koroškem IGES d.o.o., Ljubljana (with GEN-I d.o.o.) Eltec Petrol d.o.o., Bled Petrol Geoterm d.o.o., Lendava Subsidiaries abroad AUSTRIA: Petrol-Trade Handelsges.m.b.H., Vienna CROATIA: Petrol d.o.o., Zagreb Petrol Plin d.o.o., Šibenik BOSNIA AND HERZEGOVINA: Petrol BH Oil Company d.o.o., Sarajevo Intrade – energija d.o.o., Sarajevo SERBIA: Petrol d.o.o., Beograd Petrol Gas Group d.o.o., Novi Sad Rodgas AD, Bačka Topola Beogas Invest d.o.o., Beograd MONTENEGRO: Petrol Crna Gora MNE d.o.o., Cetinje MACEDONIA: Petrol-Energetika DOOEL, Skopje Joint Ventures Geoenergo d.o.o., Lendava, Slovenia Soenergetika d.o.o., Kranj, Slovenia Petrol – Oti – Slovenija L.L.C., Priština, Kosovo Petrol LPG d.o.o., Beograd, Serbia Affiliated companies Aquasystems d.o.o., Maribor, Slovenia Geoplin d.o.o., Ljubljana, Slovenia Marche Gostinstvo d.o.o., Logatec, Slovenia Legend: Physical presence Sales reach Ljubljana, September 30th, 2014

The Petrol Group – Two Key Activities 6 Oil Trading Activity Petroleum products: Motor fuels Heating oil Air fuels Motor oils and lubricants Merchandise: Food & beverages Car products Cosmetics & personal care Gifts & toys Tobacco products Lottery, coupons, cards Products for industry Chemical products Energy Activity Gas and heat Electricity Environmental solutions Energy solutions Ljubljana, September 30th, 2014

The Petrol Group Independence and flexibility in sourcing of 7 Independence and flexibility in sourcing of petroleum products. Own storage facilities and optimal logistic network for oil trading activity. Wide retail network of service stations in Slovenia and across SE Europe. Concept of convenience model of service stations. Comprehensive energy supply (oil products, gas, heat, electricity, energy and environmental solutions). Energy supply center (supplying a wide range of energy solutions). Our supply is reliable, with long tradition. Stable dividend policy. Financial stability. Ljubljana, September 30th, 2014

Financials: Results in 2Q 2014 8 Ljubljana, September 30th, 2014

Revenues and Gross Profit: 2009 – Plan 2014 in EUR mm CAGRsales rev.13/09 = 11% CAGRgross pr.13/09 = 4% Ljubljana, September 30th, 2014

EBITDA and Net Profit: 2009 – Plan 2014 10 EBITDA in EUR mm Net profit in EUR mm CAGR13/09 = 7% CAGR13/09 = 46% Ljubljana, September 30th, 2014

Balance Debt Profile: 2011 – Plan 2014 in EUR mm Gearing ratio = Net debt / (Net debt + Equity and provisions) Net debt = Total debt – Cash and cash equivalents Ljubljana, September 30th, 2014

Oil Trading Activity in 2Q 2014 12 1.30 million tons of oil products sold in 1-6/2014: Retail: 46%, Wholesale: 54%. 98% of service stations are company owned. Market share by number of service stations: #1 in Slovenia with 58.6%; #2 in Croatia with 11.3%; #4 in Bosnia & Herzegovina with 3.3%; #11 in Serbia with 0.6%; #4 in Montenegro with 8%; #4 in Kosovo with 0.8% (source: Petrol). Retail fuel prices are government regulated in Slovenia and Montenegro, while in Croatia, Bosnia and Herzegovina, Serbia and Kosovo the prices are set freely. Ljubljana, September 30th, 2014

Energy Activity in 2Q 2014 Market share by volumes: Slovenia Croatia 13 Market share by volumes:   Slovenia Croatia Serbia Natural gas 7% - 1% LPG 29% 22% 4% Electricity 9% Source: Petrol; Energy Agency of Slovenia, 2013 Ljubljana, September 30th, 2014

Structure of Investments: 2009 – Plan 2014 CAPEX in EUR mm 44.5 65.9 82.1 117.4 86.1 27.2 75.0 Ljubljana, September 30th, 2014

Key Activities in 2014 15 To monitor and manage consistenly all business processes within the Petrol Group (business optimisation and rationalisation). Growth and development on existing markets of SE Europe in oil trading activity and in other energy activities. To strengthen position in oil trading activity in the Slovenian market. Consolidation of the new companies and activities into the Petrol Group. To provide own financial resourses through the management of stocks, operating receivables and payables, and other financial resources. To manage financial risks. Ljubljana, September 30th, 2014

2. STRATEGY 2014 - 2018 2. STRATEGY 2014 - 2018

Key Strategic Directions and Strategies 17 Strategic Directions high growth in sales, increase in net profit and profitability, increase in added value per employee, increase in return on assets, long-term financial stability, and focus on quality. Strategies To strengthen the Petrol Group’s oil-trading position on the Slovenian market. To expand the Petrol Group’s business on SE European markets in order to develop and improve its market position. To develop all energy activities in Slovenia and transfer successful business models to SE European markets. Ljubljana, September 30th, 2014

Plan 2014 and Strategy 2018 18 Ljubljana, September 30th, 2014

Retail Network of the Petrol Group 31.12.2013 – Strategy 2018 19 Growth of the retail network 476 526 +10% Ljubljana, September 30th, 2014

Basic Financial Goals of the Petrol Group – Growth of the Net Revenue in EUR bn 20 +12% Ljubljana, September 30th, 2014

Basic Financial Goals of the Petrol Group – Growth of the EBITDA in EUR mm 21 +26% Ljubljana, September 30th, 2014

Basic Financial Goals of the Petrol Group – Growth of the Net Profit in EUR mm 22 +43% Ljubljana, September 30th, 2014

Total CAPEX in period 2014 – 2018: Assurance of the Long-term Development and Growth 23 Total CAPEX in period 2014 – 2018: EUR 308 million Ljubljana, September 30th, 2014

3. INVESTOR INFORMATION 3. INVESTOR INFORMATION

Shareholders’ Structure as per 31 August 2014 25 Ljubljana, September 30th, 2014

Petrol (PETG) on the Stock Exchange – Ratios I. 26 30.12.13-31.08.14 Index SBI TOP: 25% Petrol: 37% Ljubljana, September 30th, 2014

Petrol (PETG) on the Stock Exchange – Ratios II. 27 Petrol comprised 9.7% of the total Market Capitalisation on LJSE/shares and ranked third by Market Capitalisation as per 31.8.2014. 34,871 shareholders. Ljubljana, September 30th, 2014

Appendix: Slovenian Pricing Model 28 Legal basis: Regulation on Oil Product Prices (Official Gazette RS No. 81/2013); valid until 8.10.2014. The regulation provides measures and mechanisms for defining the highest level of net selling prices. The conversion of selling prices is carried out each 14 days (on Mondays) in accordance with the shown formula. The established model selling price, valid as from Tuesday, is based on average quotations and EUR/USD exchange rate valid in the past 14-day period. Margin (M) is fixed and amounts to: Motor gasoline: 8.530 €cent/litre, Diesel: 7.998 €cent/litre, Gasoil 0.1: 5.265 €cent/litre. Formula for the calculation of net selling prices: Ljubljana, September 30th, 2014

CONTACT PERSONS Janez Živko, MBA Barbara Jama Živalič, M.Sc. Member of the Management Board, CFO Tel: +386 1 471 4415 Fax: +386 1 471 4660 E-mail: janez.zivko@petrol.si Barbara Jama Živalič, M.Sc. Tel: +386 1 471 4880 Fax: +386 1 471 4108 E-mail: barbara.jama-zivalic@petrol.si