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Presentation Salvador Alemany - Shareholders' General Meeting 2016

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Presentation of Salvador Alemanty at the Shareholders' General Meeting of Abertis 2016

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Presentation Salvador Alemany - Shareholders' General Meeting 2016

  1. 1. SALVADOR ALEMANY Chairman
  2. 2. Economic context Assesment of 2015 Stock market and shareholder return Foundation, CSR and future challenges Corporate governance
  3. 3. Economic context Assesment of 2015 Stock market and shareholder return Foundation, CSR and future challenges Corporate governance
  4. 4. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance • Changes to Board of Directors in 2015 • Developments in Corporate Governance • Changes to Board of Directors in 2016 • Annual report of Corporate Governance
  5. 5. Economic context Assesment of 2015 Stock market and shareholder return Foundation, CSR and future challenges Corporate governance
  6. 6. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance The Spanish economy in 2015 Negative real interest rate Expansive ECB policy Weak euro Price of oil High unemployment Public and private debt Economic growth slowdown GDP forecast 2016 (Bank of Spain): +2,7% GDP +3.2% Public-Private Partneships
  7. 7. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance The European economy in 2015 +1.6% GDPEurozone
  8. 8. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Rebounf of private consumption Decline in exports +1.6% GDPEurozone +1.9% GDPOverall EU The European economy in 2015
  9. 9. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Global economy in 2015 +3.1% GDP Global Recovery in some of the most advanced economies Lower growth by emerging economies Oil price stability
  10. 10. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Plan de Relance Public-Private Partnerships Imbalances in public finances Public-Private Partnership Ongoing negotiations Next legislative period
  11. 11. Economic context Assesment of 2015 Stock market and shareholder return Foundation, CSR and future challenges Corporate governance
  12. 12. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance IPO of CELLNEXRecovery of traffic on our highways A good year for Abertis
  13. 13. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Salida a bolsa de CELLNEX Sortida a borsa de CELLNEX +6.1% Spain L’economia europea La economía europea Recovery of traffic on our highways A good year for Abertis
  14. 14. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance +8.5% Chile +1.8% France +0.8% Puerto Rico +0.7% Argentina -2.3% Brazil +6.1% Spain Recovery of traffic on our highways A good year for Abertis
  15. 15. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance 4.38€Bn Operating income +5% comparable Results
  16. 16. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance High degree of internationalisation 70% revenues outside Spain 30% Out of total income 37% Out of total income 4.38€Bn Operating income Results
  17. 17. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance 2.69€Bn EBITDA +5% comparable Results
  18. 18. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance EBITDA 2.69€Bn +5% comparable 1.88€Bn Net profit Group +7% comparable Results
  19. 19. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance (4.7x)1.88€Bn Net profit Group +7% comparable 12.55€Bn Net debt Group -9% EBITDA 2.69€Bn +5% comparable Results
  20. 20. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance 1.88€Bn Beneficio Neto del Grupo +7% EBITDA 2.69€Bn +5% comparable comparable (4.7x)12.55€Bn Deuda Neta del Grupo -9% Provision agreement AP7 Results
  21. 21. Economic context Assesment of 2015 Stock market and shareholder return Foundation, CSR and future challenges Corporate governance
  22. 22. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Stock market performance 60 75 90 105 120 ABERTIS IBEX 35 Abertis -7.9% IBEX-35 -7.2% 20162015
  23. 23. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance * reinvesting dividends, bonus issues and revaluation of the portfolio 282% 2003-2016 Cumulative yield* 11.2% annual 2016 60 75 90 105 120 ABERTIS IBEX 35 Abertis -7,9% IBEX-35 -7,2% 2015 Stock market performance
  24. 24. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Free Float 49% Treasury shares 1% 8% 19% 23% Actual2015 Shareholder structure 2015
  25. 25. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Shareholder structure 2015 Free Float 49% Treasury shares 1% 19% 23% Actual2015
  26. 26. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Shareholder structure 2015 Free Float 53% 16% 23% Actual Treasury shares 8% 2016
  27. 27. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Shareholder structure 2015 Free Float 53% 16% 23% Actual Treasury Shares 8% 2016 75.000 Shareholders
  28. 28. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Ordinary
 dividend 0.69 €/share 0.33 on account (paid November 2015) 0.36 Supplementary (payment 19 April 2016) Shareholder return +10% dividend per share 5% nominal increase + 
 5% bonus issue 2015[ ] 1x20 Bonus share issue 2016
  29. 29. Economic context Assesment of 2015 Stock market and shareholder return Foundation, CSR and future challenges Corporate governance
  30. 30. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance A responsible way to act in our daily life Foundation & CSR CSR
  31. 31. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance A responsible way to act in our daily life 2016-2019 CSR Master Plan : - 4 areas 1.Good governance and transparency 2.Eco-efficiency 3.Environmental integration 4.Health and safety - 13 objectives Foundation & CSR CSR
  32. 32. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance A responsible way to act in our daily life New social responsibility policy 2016-2019 CSR Master Plan : - 4 areas - 13 objetivos Foundation & CSR CSR
  33. 33. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance New social responsibility policy Foundation & CSR A responsible way to act in our daily life 2016-2019 CSR Master Plan : - 4 areas - 13 objetivos CSR
  34. 34. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance VIDEO
  35. 35. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Foundation & CSR CSR
  36. 36. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Foundation & CSR CSR
  37. 37. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance Future challenges Rationalisation of the Spanish model of infrastructure financing Group's international growth Renewal and expansion of our concession base Compliance with Strategic Plan
  38. 38. Assesment of 2015Economic context Stock market and shareholder return Foundation, CSR & future challengesCorporate governance

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