WELLTEC 2015 Q1 RESULTS PRESENTED BY MICHAEL KRABBE, ACTING CFO DATE MAY 21, 2015
AGENDA FINANCIALS OPERATIONS QUARTERLY DEVELOPMENTS CAPITAL STRUCTURE BOND PERFORMANCE OUTLOOK UPCOMING INVESTOR EVENTS Q&A SESSION 2
FINANCIALS USD in millions 2015 Q1 2014 Q1 Change Revenues impacted by Industry dynamics Contraction in market activity in response to lower oil price Vacuum prevailing as operators scale back activity and Revenues 68 80 (14%)…
OPERATIONS Growth Revenues by Geographic Region Resilience in activity levels Job count in line with last year despite severe 0% contraction of activity in some geomarkets 15% APAC Underlying growth in Scandinavia and GoM…
CAPITAL STRUCTURE USD in millions 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 Change YoY Cash and Cash Equivalents 44 43 52 34 32 38 % Senior Secured Notes 325 325 325 325 325 0% Total Net Debt 280 281 273 289 281 (1%) Gross…
BOND TRADING PERFORMANCE Bid Price USD Bid Yield % 110 14.0 105 12.0 100 10.0 95 90 8.0 85 6.0 80 4.0 USD 325 million bond offering S&P's Moody's Issuance in February 2012 Bid price and yield generally moved in line…
OUTLOOK Welltec remains unable to offer a qualified guidance on the Full Year 2015 Significant uncertainty prevailing in the market Several opposing factors at play in current low price environment: Reduced oil revenues leading…
UPCOMING INVESTOR EVENTS 2015 Event Location Date Interim Report 2nd quarter, 2015 Denmark August Pareto Securities Oil & Offshore Conference 2015 Oslo, Norway September 2-3 GS EMEA Leveraged Finance Conference London Autumn…
QUESTIONS ..AND THANK YOU FOR YOUR TIME Please contact: Michael Krabbe, Acting Chief Financial Officer Simon Stadil, Director, Treasury and Investor Relations +45 48 14 35 14 investorwelltec.com 10
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