Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
PRESS CONFERENCE Shareholders’ General Meeting 2016
• Reduce the number of directors to 15 

(6 independents)
• Nomination and Remuneration, Audit and Control and
Social Resp...
Public-private partnership
Imbalances 

Public finances
Public-private
partnership
Plan de Relance
Ongoing
negotiations
Ne...
Results
Group's Net Debt
12.55€Bn2.69€Bn
EBITDA
+5%
comparable
Group's Net Profit
1.88€Bn
+7%
comparable
-9%
Stock market performance
60
70
80
90
100
110
120
ABERTIS IBEX 35 * reinvesting dividends, bonus issues and
revaluation of ...
Shareholder structure
Shareholders: ~75,000 Market cap.: ~13.6 €Bn
Averagedailytrading
(thousandshares)
Growing free float...
Shareholder return
Ordinary
dividend
0.69
€/share
0.33
on account
(paid November 2015)
0.36
Supplementary
(payment 19 Apri...
CSR
Foundation & CSR
Key figures (compared to 2014):
No. of victims 15%
Net debt 9%
Revenue 5%
EBITDA 5%
Net profit 7%
Dividends 10%
Another ye...
Accident rate (IF1) No. of victims
Reduction in
no. accidents
4%
Reduction in
no. victims
15%
Continued improvement in roa...
%
comparable
Revenue 4,378 +5%
Operating costs -1,686
Gross margin (EBITDA)
2,692
62%
+5%
Depreciation and provisions
Fina...
87
19
145
253
409
161
Other
Over 1 Mn invested to generate future income
Investment ( Bn)
1,074
19 -5 +5 19
20
december
2010
Years elapsed Years for new
investments
december 2015 april 2016
Constantly investing to ensu...
• Cellnex IPO for its 

international 

development
• 2nd savings plan of 

400Bn in 3 years
• Special focus on

France & ...
Túnels (control taken in December 2015) Minority purchases and extension of concessions
Plan Relance (extending concession...
Promoting safer toll roads, with better technology
Good business in 2015 with a historic result and good perspectives for ...
Upcoming SlideShare
Loading in …5
×

Press Conference - Shareholders' General Meeting 2016

25,275 views

Published on

Press conference Shareholders' General Meeting of Abertis 2016

Published in: Economy & Finance
  • Be the first to comment

  • Be the first to like this

Press Conference - Shareholders' General Meeting 2016

  1. 1. PRESS CONFERENCE Shareholders’ General Meeting 2016
  2. 2. • Reduce the number of directors to 15 
 (6 independents) • Nomination and Remuneration, Audit and Control and Social Responsibility committees comprise 5 members 
 (3 independent directors, including its President) • Reduce the Executive Committee from 9 to 6 members
 (2 independents) • Creation of the Chief Compliance Officer position Corporate governance
  3. 3. Public-private partnership Imbalances 
 Public finances Public-private partnership Plan de Relance Ongoing negotiations Next legislative period
  4. 4. Results Group's Net Debt 12.55€Bn2.69€Bn EBITDA +5% comparable Group's Net Profit 1.88€Bn +7% comparable -9%
  5. 5. Stock market performance 60 70 80 90 100 110 120 ABERTIS IBEX 35 * reinvesting dividends, bonus issues and revaluation of the portfolio 282% 2003-2016 Abertis -7.9% IBEX-35 -7.2% 20162015 Cumulative yield* 11.2% annual
  6. 6. Shareholder structure Shareholders: ~75,000 Market cap.: ~13.6 €Bn Averagedailytrading (thousandshares) Growing free float and more liquidity Liquidity Treasury shares Free Float 3% Lazard 3% BlackRock 5% Capital 23% 8% 16% 53% 2014 2015 64% 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0
  7. 7. Shareholder return Ordinary dividend 0.69 €/share 0.33 on account (paid November 2015) 0.36 Supplementary (payment 19 April 2016) +10% dividend per share 5% nominal increase + 
 5% bonus issue 2015[ ] 1x20 Bonus share issue 2016
  8. 8. CSR Foundation & CSR
  9. 9. Key figures (compared to 2014): No. of victims 15% Net debt 9% Revenue 5% EBITDA 5% Net profit 7% Dividends 10% Another year of growth, with over 1 billion in investment,
 and improvements in key figures
  10. 10. Accident rate (IF1) No. of victims Reduction in no. accidents 4% Reduction in no. victims 15% Continued improvement in road safety on all our toll roads Road safety in 2015 2013 2014 2015 1,131 1,037 887 25.2 22.5 23.4
  11. 11. % comparable Revenue 4,378 +5% Operating costs -1,686 Gross margin (EBITDA) 2,692 62% +5% Depreciation and provisions Financial costs and corporate income tax Associates and discontinued operations Minority interests -2,757 -1,114 2,680 378 Net profit 1,880 +7% Improvement in gross margin and greater geographical diversification P&L account ( Bn) 6% 6% 13% 38% 3% 34%
  12. 12. 87 19 145 253 409 161 Other Over 1 Mn invested to generate future income Investment ( Bn) 1,074
  13. 13. 19 -5 +5 19 20 december 2010 Years elapsed Years for new investments december 2015 april 2016 Constantly investing to ensure the future Average equivalent proportional length of concessions (years)
  14. 14. • Cellnex IPO for its 
 international 
 development • 2nd savings plan of 
 400Bn in 3 years • Special focus on
 France & Brazil • Extensions and 
 new acquisitions • Maintaining our 
 financial discipline • Dividend: +10% annual 
 ( 2,100Mn to distribute 
 in 2015-17 period) • Treasury stock Commitments to value creation for shareholders Our commitments We are delivering FOCUS EFFICIENCIES GROWTH SHAREHOLDER REMUNERATION
  15. 15. Túnels (control taken in December 2015) Minority purchases and extension of concessions Plan Relance (extending concession to 2032) Concession readjustments in negotiation Infrastructure plan (PIL) in 2016 Investment programme in exchange for extensions A4 Holding (exclusivity agreement) Others under study Growth orientation with financial discipline Growth Through investments in the current asset base and corporate deals
  16. 16. Promoting safer toll roads, with better technology Good business in 2015 with a historic result and good perspectives for 2016 Fulfillment of the Strategic Plan 2015-17 underway 1 billion invested in 2015 and 2 billion in 2016 (without considering possible new M&A operations) Extension of the average length of concessions Extensive pipeline of new projects in counties in portfolio and in new markets Conclusions Attractive shareholder’s remuneration

×