Skip to main content Q1 2015 to 2016 Conference Call – CropEnergies AG Investor Presentation | Shale Experts
Loading...
Pm

Q1 2015 to 2016 Conference Call – CropEnergies AG

CropEnergies AG · Jul 8, 2015 · 17 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 1
    1st quarter 2015/16 conference call presentation Joachim Lutz (CEO) Dr. Stephan Meeder (CFO) 8 July 2015
  2. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 2
    Agenda Highlights Developments in the markets and in the company Financials and outlook Conference Call, 8 July 2015 2
  3. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 3
    Highlights Corporate environment EU: Agreement on policy framework until 2020 European ethanol prices recover from lows EU considers regulating benchmarks Developments in the CropEnergies Group Decrease of production volumes…
  4. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 4
    EU: agreement on framework for 2020 EU: Marktpotential und Marktrealitt Amendment of current legal framework EU: market potential and market reality 15,000 Of 10% target for 2020, up to 7% can be 12,500 conventional biofuels Market…
  5. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 5
    EU: surplus in bioethanol market remains Consumption of bioethanol 10.0 Installation of EU production capacities Fuel ethanol Non-fuel ethanol 8.0 based on environmental policy targets (in million m3) 6.0 4.0 Increase of…
  6. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 6
    Germany: bioethanol sales in 2014 and 2015 Bioethanol consumption in Germany Bioethanol consumption in Germany 180 6% In 2014, consumption of fuel ethanol 150 4.5% 5% 4.2% 4,1% increased by 1.9% to 1.55 million m3 3.9% 4.0% 4.0%…
  7. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 7
    Price developments on the relevant markets EU bioethanol prices recover from lows All-time low of 417 /m 3 in Jan 2015 Increase to approx. 540 /m 3 (May 2015) (equivalent of gasoline + 0,10 /litre) Sustainability of price recovery…
  8. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 8
    Developments in the CropEnergies Group Production of bioethanol decreased to 205,000 (262,000) m3 as expected Production of bioethanol Temporary production pause of the plant in Wilton 300 Scheduled maintenance phase in Wanze 250…
  9. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 9
    Agenda Highlights Developments in the markets and in the company Financials and outlook Conference Call, 8 July 2015 9
  10. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 10
    Overview 1st quarter 2015/16 Revenues 198 (208) million - 5% Bioethanol production 205 (262) ,000 m - 22% EBITDA 22.2 (13.5) million + 8.8 million Operating profit 13.7 (4.5) million + 9.2 million Income from operations 8.7 (4.5)…
  11. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 11
    Income statement (I) Revenues 300 (in million) Q1 15/16 Q1 14/15 250 222 208 201 Revenues 197.8 207.9 -10.1 - 5% 197 198 (in million) 200 EBITDA* 22.2 13.5 8.8 + 65% Margin 11.2% 6.5% 150 Depreciation* -8.6 -9.0 0.4 - 4%…
  12. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 12
    Operating profit EBITDA 25 22 (in million) Q1 15/16 Q1 14/15 20 Revenues 197.8 0.0 207.9 0.0 -+10.1 0.0 +- 0% 5% 13 Total output 185.1 0.0 213.9 -+28.8 0.0 13% - 19% 15 (in million) Cost of materials* -142.9 -175.9 +…
  13. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 13
    Income from operations (in million) Q1 15/16 Q1 14/15 Income from operations 20 Revenues 197.8 207.9 -10.1 - 5% 9 10 EBITDA* 22.2 13.5 8.8 + 65% 4 (in million) Margin 11.2% 6.5% 0 Depreciation* -8.6 -9.0 0.4 - 4% -1…
  14. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 14
    Income Statement (II) Net earnings for the period (in million) Q1 15/16 Q1 14/15 10 4.9 0.6 Revenues 197.8 207.9 - 10.1 0 Operating profit 13.7 4.5 + 9.2 -3.4 (in million) -10 Margin 6.9% 2.2% -10.0 Restructuring costs /…
  15. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 15
    Cash flow (in million) Q1 15/16 Q1 14/15 Cash flow (+) / Investments (-) 20 Cash flow 14.6 12.0 + 2.6 15 Change in net working capital -3.3 9.0 - 12.3 15 12 Net investments -8.0 -2.7 - 5.3 10 (in million) Exchange rate…
  16. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 16
    Balance sheet structure and financial ratios Net financial debt 0 (in million) 31/05/2015 31/05/2014 -25 -50 Assets Non-current assets 493.7 496.5 - 2.8 - 1% -75 (in million) Current assets 140.6 156.6 - 16.0 - 10% -100…
  17. Q1 2015 to 2016 Conference Call – CropEnergies AG – slide 17
    Outlook 2015/16e High volatility of bioethanol prices makes outlook difficult Price recovery not yet visible in future prices Implementation of EU targets for renewable energies in transport sector takes time Production of…

From the store

Browse maps, data & reports in the Shale Experts store