The Renaissance Group Investors and analysts meeting March 2015 www. renaissanceoman.com
The Renaissance Group today 2014 was a good year and the two companies are set to grow S a f e t y, e f f i c i e n c y, g r e e n a w a r e n e s s and local value drive our operations Unlocking value and fiscal discipline drive…
The Renaissance Two businesses. Group today Each focused on achieving its vision. Vision: Vision: to be the global local quality to deliver world-class services champion and top five OSV player, to a worldwide market. with…
Our management, our enterprise and our record of successful performance in good times and tough times, has given our group an excellent reputation. Our values Underpinning this reputation are our values and an ethos of sustainable…
2014 was a good year. 2014 group 2015 sees short-term challenges, but both financials companies are generating sustainable cash-flows Our strategy remains investment in long-term growth Revenue RO 252 m 2013 2014 Employees USD 655 m…
One group: two companies www. renaissanceoman.com
Topaz International off-shore support vessel (OSV) fleet: 98 vessels - Market lead in Caspian - Growing leadership in MENA - Developing market position in West Africa - Leading the market with a younger, more efficient fleet. - Blue…
Younger vessels have less downtime, more capacity and better fuel use. Topaz Our fleet leads the market in efficiency, with an average age of 7.1 years, well below the market average of 15 years. This is real added value for clients…
Topaz Efficient fleet and proven record with major players: ideally placed to exploit OSV growth outlook Particularly new development in West Africa, the Caspian and the Persian Gulf. Oil and gas sector 1,000 Offshore exploration (rig…
Topaz strategy We will How Nearly 1bn invested in the fleet over take advantage of the the past five years. required long-term This investment maintains our market capex in off-shore lead in efficiency, and builds our hydrocarbon…
Renaissance 50 million meals+ per year Our PACs can house over 8,000 people Branded retail solutions Our business comes from: Over 25 years Contract services experience in Oman Accommodation solutions Integrated facilities management…
Our current clients include ports, universities, hospitals and defence, as well as oil and gas. Renaissance: 30% of our business volume comes from the PACs. three services models Turnkey integrated cleaning, facilities…
Performance spotlight: Duqm PAC in numbers: Duqm Permanent Accommodation for Contractors (PAC) Over 16,000 beds Focus on Renaissance: 3,710 rooms 192,480 square meters Real living spaces, proper medical facilities, Construction…
Renaissance outlook: We service large operations to international standards of safety and comfort at market-leading prices. diversify to grow This model has a lot of natural potential. Flexible models With a wide range of PAC model…
We have established leadership in our home market of Oman. We want to grow this success, at home and abroad. Mozambique Renaissance Qatar Angola Tanzania Oman Norway UAE Our home Other current New target market markets markets Our…
Financial performance www. renaissanceoman.com
Investment and We have invested successfully to build the businesses fiscal discipline 142 Rial M 123 1.5 billion of new capital has been invested 86 90 81 Investment over the past six years 52 2009 2010 2011 2012 2013…
Revenue Progression This investment has accompanied increasing revenues continuing operations Rial M 252 Revenue grows year on year 250 Long-term contracts offer revenue stability: Topaz 239 240 enters 2015 with over 1 billion…
We have experience of global operations in both Group revenue businesses and will continue our international expansion segmentation into targeted markets. Rial M Others 58 Oman 69 MENA 39 Caspian 86 19
EBITDA Our strong cash-flows remain a key strength and support continuing operations the growth potential of our business Rial M Rial M 91 73 72 68 2011 2012 2013 2014 After one offs. 20
Renaissance margins are affected by business costs in Oman. Operating Oil price will bring pressure in the short term, particularly in Topaz spot markets in West Africa. Margins However, in the long term, particularly as we grow and…
We are seeing profit growth following strong performance of contracts in each business. Growth This growth will be further enhanced by expanding both businesses in their existing and and profit new markets. This expansion is at the…
We regularly review our capital structure, unlocking value Investing for future growth because we are financed as efficiently as possible Rial M Term Loans Rial M Net Fixed Assets 388 592 361 372 326 503 455 456 285 392…
Summary Topaz and Renaissance each have a clear vision and the businesses performed well in 2014. The pressure from oil price may affect us early in 2015, but this is temporary. In the long term, increasing hydrocarbon demand will…
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