The document summarizes key financial data for MVV Energie for the 2013/14 financial year and the 1st quarter of 2014/15. Some key points:
- Sales decreased 6% to €3.79 billion in 2013/14 due to lower energy prices and mild weather conditions. Adjusted EBIT decreased 17% to €173 million.
- Investments remained high at €321 million following a record previous year. Net income was €85 million, unchanged from the prior year.
- In the 1st quarter of 2014/15, sales decreased 10% to €941 million. Adjusted EBIT decreased 12% to €64 million due to lower electricity prices and milder weather.
MVV Energie is a German energy company that is undergoing a transformation to decentralize and make its energy supply more efficient. It held an analyst conference on December 11, 2014 to discuss its performance in fiscal year 2013/14. Key highlights included over half of its electricity being generated from renewable energies and combined heat and power plants. It also continued expanding its renewable energy generation portfolio.
This document provides a summary of financial data for MVV Energie for the first nine months of the 2013/14 financial year and the full 2012/13 financial year. Key figures show declines in adjusted EBIT, EBITDA, and net income compared to the previous year. Sales excluding energy taxes also declined. Negative factors influencing financial performance included lower electricity and waste prices, the need to auction CO2 emissions allowances, and low wholesale electricity prices. The company maintains a solid financing profile with a balanced maturity schedule and high proportion of fixed-rate loans.
- AT&S reported lower revenue and earnings for the first nine months of the 2019/20 financial year compared to the same period last year, due to market upheavals and the economic climate. Revenue was down 4.7% and EBITDA declined 29.1%.
- While some segments like IC substrates and medical saw increases, declines were seen in the mobile devices and industrial segments due to changes in product mix and price pressure.
- AT&S adjusted its outlook for the full financial year due to the effects of the coronavirus, and now expects revenue of €960 million and an EBITDA margin of 18-20%. Medium-term growth targets were maintained.
Klöckner & Co - Roadshow Presentation August 13, 2013Klöckner & Co SE
Klöckner & Co SE provided a roadshow presentation to HSBC in Paris on August 13, 2013. The presentation included:
- Market conditions remain challenging in Europe and sales declined 9.3% in Q2 2013 due to closures and divestments.
- Restructuring measures have reduced headcount by 1,800 and closed 60 of 70 targeted sites. This contributed €17M to Q2 EBITDA.
- For full year 2013, Klöckner aims to achieve the same operating EBITDA of €140M as 2012, despite weaker first half results, through continued restructuring savings.
Klöckner & Co - 3rd ltaú BBA Commodities Conference 2011Klöckner & Co SE
- The document discusses Klöckner & Co SE, a leading multi-metal distributor, and provides an overview of the company, its business model, and key financial figures.
- It summarizes Klöckner & Co's financial performance in Q2 2011, noting challenging market conditions led to lower EBITDA, but sales volumes and sales increased. Integration of recent acquisitions is progressing with synergies higher than expected.
- The market environment put pressure on margins as import levels rose sharply in both the US and EU, causing price declines that outpaced procurement costs.
Klöckner & Co SE reported Q2 2013 results, with sales down 13.5% year-over-year due to declining steel markets and restructuring efforts. EBITDA improved to €43 million compared to €33 million in Q2 2012, driven by cost reductions of €24 million from the restructuring program despite lower sales. Management expects operating EBITDA of €30-40 million for Q3 2013 and maintains the full-year target of €140 million despite a weaker first half, as restructuring efforts take effect.
The financial report summarizes MVV Energie's key figures for the first half of the 2013/14 financial year. Sales and earnings declined compared to the previous year due to challenging market conditions and unusually mild winter weather. Adjusted EBIT fell 14% to €154 million. Total investments increased slightly to €166 million, with growth investments focused on expanding renewable energy capacity. MVV Energie's share price rose nearly 4% over the last year and the company expects adjusted EBIT to increase in the next financial year, supported by investments in innovative projects.
Klöckner & Co - Roadshow Macquarie/Danske Bank, September 5-6, 2013Klöckner & Co SE
The document is a presentation by Marcus A. Ketter, CFO of Klöckner & Co SE, for a roadshow in Helsinki and Copenhagen on September 5-6, 2013. It provides an overview of Klöckner & Co as a leading multi-metal distributor, highlights from the first half of 2013 including progress on their restructuring program, and an outlook for the rest of the year.
MVV Energie is a German energy company that is undergoing a transformation to decentralize and make its energy supply more efficient. It held an analyst conference on December 11, 2014 to discuss its performance in fiscal year 2013/14. Key highlights included over half of its electricity being generated from renewable energies and combined heat and power plants. It also continued expanding its renewable energy generation portfolio.
This document provides a summary of financial data for MVV Energie for the first nine months of the 2013/14 financial year and the full 2012/13 financial year. Key figures show declines in adjusted EBIT, EBITDA, and net income compared to the previous year. Sales excluding energy taxes also declined. Negative factors influencing financial performance included lower electricity and waste prices, the need to auction CO2 emissions allowances, and low wholesale electricity prices. The company maintains a solid financing profile with a balanced maturity schedule and high proportion of fixed-rate loans.
- AT&S reported lower revenue and earnings for the first nine months of the 2019/20 financial year compared to the same period last year, due to market upheavals and the economic climate. Revenue was down 4.7% and EBITDA declined 29.1%.
- While some segments like IC substrates and medical saw increases, declines were seen in the mobile devices and industrial segments due to changes in product mix and price pressure.
- AT&S adjusted its outlook for the full financial year due to the effects of the coronavirus, and now expects revenue of €960 million and an EBITDA margin of 18-20%. Medium-term growth targets were maintained.
Klöckner & Co - Roadshow Presentation August 13, 2013Klöckner & Co SE
Klöckner & Co SE provided a roadshow presentation to HSBC in Paris on August 13, 2013. The presentation included:
- Market conditions remain challenging in Europe and sales declined 9.3% in Q2 2013 due to closures and divestments.
- Restructuring measures have reduced headcount by 1,800 and closed 60 of 70 targeted sites. This contributed €17M to Q2 EBITDA.
- For full year 2013, Klöckner aims to achieve the same operating EBITDA of €140M as 2012, despite weaker first half results, through continued restructuring savings.
Klöckner & Co - 3rd ltaú BBA Commodities Conference 2011Klöckner & Co SE
- The document discusses Klöckner & Co SE, a leading multi-metal distributor, and provides an overview of the company, its business model, and key financial figures.
- It summarizes Klöckner & Co's financial performance in Q2 2011, noting challenging market conditions led to lower EBITDA, but sales volumes and sales increased. Integration of recent acquisitions is progressing with synergies higher than expected.
- The market environment put pressure on margins as import levels rose sharply in both the US and EU, causing price declines that outpaced procurement costs.
Klöckner & Co SE reported Q2 2013 results, with sales down 13.5% year-over-year due to declining steel markets and restructuring efforts. EBITDA improved to €43 million compared to €33 million in Q2 2012, driven by cost reductions of €24 million from the restructuring program despite lower sales. Management expects operating EBITDA of €30-40 million for Q3 2013 and maintains the full-year target of €140 million despite a weaker first half, as restructuring efforts take effect.
The financial report summarizes MVV Energie's key figures for the first half of the 2013/14 financial year. Sales and earnings declined compared to the previous year due to challenging market conditions and unusually mild winter weather. Adjusted EBIT fell 14% to €154 million. Total investments increased slightly to €166 million, with growth investments focused on expanding renewable energy capacity. MVV Energie's share price rose nearly 4% over the last year and the company expects adjusted EBIT to increase in the next financial year, supported by investments in innovative projects.
Klöckner & Co - Roadshow Macquarie/Danske Bank, September 5-6, 2013Klöckner & Co SE
The document is a presentation by Marcus A. Ketter, CFO of Klöckner & Co SE, for a roadshow in Helsinki and Copenhagen on September 5-6, 2013. It provides an overview of Klöckner & Co as a leading multi-metal distributor, highlights from the first half of 2013 including progress on their restructuring program, and an outlook for the rest of the year.
Klöckner & Co - Baader Bank AG, Baader Investment Conference, September 24, 2013Klöckner & Co SE
Christian Pokropp, Head of Investor Relations & Corporate Communications at Klöckner & Co SE, presented an overview of the company and its financial results for Q2 and H1 2013. Key highlights include:
- Klöckner & Co saw turnover decline 9.3% in Q2 and 10.3% in H1 due to weaker European markets and its restructuring program, though gross margins improved.
- EBITDA was €43m for Q2 and €72m for H1, meeting guidance due to cost cuts from its restructuring program KCO 6.0.
- The company has closed 60 of 70 targeted sites and reduced employees by 1,800 as part of its
This document contains the consolidated financial statements of AT & S Austria Technologie & Systemtechnik Aktiengesellschaft as of March 31, 2017. It includes the consolidated statement of profit or loss, consolidated statement of comprehensive income, consolidated statement of financial position, consolidated statement of cash flows, and consolidated statement of changes in equity. Notes to the consolidated financial statements provide details on accounting policies, consolidation principles, segment information and other explanatory information. The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards and the Austrian Commercial Code.
Deutsche EuroShop | Conference Call Presentation - Half Year Financial Report...Deutsche EuroShop AG
- Footfall and tenant turnover in the company's shopping centers recovered significantly in Q2 2021 compared to Q1 2021 but remained below pre-pandemic levels. Rent collection rates also improved but concessions were still being negotiated.
- The company reported revenues of €104.9 million in H1 2021, down 6.5% year-over-year due to the pandemic's impact. EBIT decreased 10.2% to €70.5 million and EBT excluding valuation was down 10.2% to €55.7 million.
- Shopping center operations continued to be affected by lockdowns and restrictions across the company's markets in Europe, although regulations were gradually easing in most countries. The company
- Wärtsilä reported lower order intake, net sales, and operating result for Q3 2019 compared to Q3 2018 due to project-related challenges and low demand for equipment.
- Cost overruns on certain complex marine and energy projects resulted in a one-time €150 million charge to Wärtsilä's full-year 2019 results, of which €84 million was recognized in Q3.
- Corrective actions were taken to strengthen project management processes and controls to prevent issues surrounding new technologies, suppliers, and underestimated costs.
The document provides an overview of key economic concepts related to measuring national output and income, including:
1) It defines Gross Domestic Product (GDP) as the total market value of all final goods and services produced within a country in a given period. GDP is calculated using the expenditure and income approaches.
2) The expenditure approach sums consumer spending (C), private investment (I), government spending (G), and net exports (X-M). The income approach sums wages, rents, profits, and other factor incomes.
3) Gross National Product (GNP) differs from GDP by including income from domestic factors working abroad, less income to foreign factors working domestically.
4) Real
Deutsche EuroShop | Conference Call Presentation - Half Year Financial Report...Deutsche EuroShop AG
- Most shopping centers in Germany and abroad reopened in May with safety restrictions like distancing and face masks. Footfall has recovered to around 77% of normal levels.
- Rent collection was 48% in Q2 and 78% in July due to negotiations for relief measures like rent deferrals. Around 6% of tenants have become insolvent since the pandemic began.
- Valuation of investment properties was negatively impacted by higher yields and expected lower rents/longer reletting periods due to the pandemic, leading to a negative revaluation result of €217.9 million.
- EBIT declined 20.1% to €78.5 million due to higher allowances for doubtful rents, while revenues
The document defines key macroeconomic concepts including aggregate expenditure, output, income, consumption, saving, investment, government spending, taxes, imports, exports, and equilibrium. It also discusses the consumption function, marginal propensity to consume, marginal propensity to save, and the multiplier effect.
Klöckner & Co - Roadshow Presentation August 9, 2013Klöckner & Co SE
Klöckner & Co SE is a leading multi-metal distributor that held a presentation for Credit Suisse in London on August 9, 2013. CEO Gisbert Rühl discussed the company's financial results for Q2 2013, including a 9.3% decline in turnover due to weak steel markets and restructuring measures. EBITDA increased to €43 million compared to €33 million in Q2 2012 due to cost cuts of €24 million from the KCO 6.0 restructuring program. The presentation also provided an update on the company's restructuring progress and strategy going forward.
Klöckner & Co - UBS Best of Germany Conference, September 17, 2013Klöckner & Co SE
- Klöckner & Co's Q2 2013 financial results showed declines in turnover, sales, and gross profit compared to Q2 2012 due to weak steel markets and ongoing restructuring efforts. The EBITDA of €43m met guidance due to cost reductions from restructuring measures.
- Turnover decreased 9.3% to €1,698m and sales decreased 13.5% to €1,690m as a result of market declines, site closures, and exiting low-margin business. However, the gross margin improved.
- Restructuring measures have significantly reduced costs and are on track to achieve the targeted annual EBITDA impact of around €160m, with €17m
Klöckner & Co - German Corporate Conference 2012Klöckner & Co SE
This document summarizes a presentation by Klöckner & Co SE CEO Gisbert Rühl at a German Corporate Conference in Frankfurt on January 18, 2012.
In the first part, it provides an overview of Klöckner & Co as the largest producer-independent steel and metal distributor with 290 locations globally. It discusses the company's business model, markets, products, and key 2010 figures.
The second part reviews Klöckner & Co's financial performance in Q3 2011, showing increases in sales, volumes, gross profit and EBITDA compared to Q3 2010. It also discusses the company's balance sheet, cash flows, and segment performance.
The third part provides
This document provides guidance on summarizing economic data presented in charts and tables for AS and A2 economics exams. It includes examples of summarizing key features of data on UK migration trends, world copper prices, and oil prices. It also demonstrates calculating an index number and explaining causes of trends based on extracted information. The document offers tips for confidently handling different data presentations and accurately describing economic concepts shown in the data.
Klöckner & Co - Roadshow Presentation August 8, 2013Klöckner & Co SE
This document summarizes a presentation by Klöckner & Co SE CEO Gisbert Rühl given on August 8, 2013. It discusses Klöckner & Co's financial results for the second quarter of 2013, including a 9.3% year-over-year decline in turnover due to weak steel markets and restructuring measures. EBITDA increased to €43 million compared to €33 million in the prior year, due to cost cuts of €24 million. The presentation also provides an update on Klöckner & Co's restructuring program KCO 6.0, which has reduced headcount by over 1,800 and closed 60 of 70 targeted sites.
Measuring National Output and National IncomeNoel Buensuceso
The document discusses key concepts related to measuring national output and national income. It defines GDP as the total market value of all final goods and services produced within a country in a given period. GDP can be calculated using the expenditure approach, which sums consumer spending, investment, government spending, and net exports, or the income approach, which sums compensation, profits, interest, and rents. The document also discusses related concepts like GNP, NNP, personal income, and disposable personal income.
European energy markets observatory findings edition #15Capgemini
European Energy Markets Observatory (EEMO) analyzes the European energy markets in 2012 and winter 2012/2013. Key points include:
- Energy consumption is stagnating due to economic slowdown and efficiency measures, while oil prices remain high due to instability in the Middle East.
- Energy efficiency is a strategic priority but challenging to implement, particularly in transportation and buildings.
- Unconventional gas production, like shale gas, continues to develop and could reduce Europe's gas import dependency by 2030.
- Renewable energy development is slowing due to reduced subsidies amid public deficits.
- The coronavirus pandemic significantly impacted the company's results in the first half of 2020. Revenue declined 2.2% due to rent relief provided to tenants.
- Center operating costs rose substantially by €17.9 million primarily due to higher write-downs of rent receivables totaling €19 million resulting from expected rent defaults and tenant insolvencies caused by the pandemic.
- Earnings before interest and taxes (EBIT) fell 20.1% to €78.5 million mainly due to the increase in rent receivable write-downs and lower revenue amid the pandemic.
- Revenue increased 11.6% to €199.6 million due to stable demand and good capacity utilization. EBITDA rose to €29.7 million compared to €18.8 million in the same quarter last year.
- Loss for the period improved to €-11.2 million from €-13.6 million in the prior year quarter. Loss per share declined from €-0.35 to €-0.29.
- Net debt increased to €496.7 million from €380.5 million due to investments of €69.7 million in tangible and intangible assets. The company decided not to further expand its IC substrate plant in China in the current financial year.
Capgemini's European Energy Markets Observatory is an annual report that was initiated in 2002. It tracks the progress of two subjects: the establishment of an open and competitive electricity and gas market in EU-27 (plus Norway and Switzerland) and the reaching of the EU's 3x20 climate change objectives. The report looks at all segments of the value chain and analyzes leading-edge energy themes — digital revolution, customer experience, smart grids and demand response management — to identify key trends in the electricity and gas industries.
The 15th edition of the report covers the whole year 2012 and winter 2012/13 on the following areas: Energy Regulation, Electricity Markets, Gas Markets, Customer Transformation, Renewable Energy Sources & Local Energy Transitions and Companies’ Overview.
El Comité de Inversiones Extranjeras de Chile representa al Estado en las inversiones extranjeras y se compone de varios ministros. Su misión es posicionar a Chile como un destino atractivo para las inversiones mediante la administración de las leyes de inversión, actividades de promoción y reportes de información. La Vicepresidencia Ejecutiva lidera el Comité y provee información a los inversionistas sobre Chile y cómo establecer negocios, además de coordinar misiones y publicaciones para promover las inversiones.
Profender was established in 1976 in Thailand specializing in shock absorbers and suspensions. It has an R&D department that develops products for off-road vehicles like SUVs and pickup trucks. With over 30 years of experience, Profender offers a full range of off-road shocks and continues researching to meet customer needs. It has received ISO 9000 and TS 16949 certifications for quality manufacturing.
A virtual private data center can reduce IT capital costs and allow a company to focus on its business rather than managing infrastructure. JDA, a global supply chain management company, uses Layered Tech's cloud computing platform which provides scalability and a pay-as-you-go model that offers fast value without large upfront costs, according to JDA. Contact us to learn more about how outsourcing your data center can help your company focus on core objectives.
In early July 2015, Newmarket Gold completed a transformational merger with Crocodile Gold to form a new top 20 Canadian listed gold mining company with three 100% owned operating mines across Australia producing more than 200,000 ounces annually.
This document provides guidance for Southern Polytechnic State University students studying abroad. It outlines important preparations including obtaining a passport and required visas, acquiring health insurance, registering with the U.S. embassy, considering safety abroad, and packing appropriately for the destination country and climate. Students are advised to be flexible, plan extensively, and learn about the host country's culture and laws.
Klöckner & Co - Baader Bank AG, Baader Investment Conference, September 24, 2013Klöckner & Co SE
Christian Pokropp, Head of Investor Relations & Corporate Communications at Klöckner & Co SE, presented an overview of the company and its financial results for Q2 and H1 2013. Key highlights include:
- Klöckner & Co saw turnover decline 9.3% in Q2 and 10.3% in H1 due to weaker European markets and its restructuring program, though gross margins improved.
- EBITDA was €43m for Q2 and €72m for H1, meeting guidance due to cost cuts from its restructuring program KCO 6.0.
- The company has closed 60 of 70 targeted sites and reduced employees by 1,800 as part of its
This document contains the consolidated financial statements of AT & S Austria Technologie & Systemtechnik Aktiengesellschaft as of March 31, 2017. It includes the consolidated statement of profit or loss, consolidated statement of comprehensive income, consolidated statement of financial position, consolidated statement of cash flows, and consolidated statement of changes in equity. Notes to the consolidated financial statements provide details on accounting policies, consolidation principles, segment information and other explanatory information. The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards and the Austrian Commercial Code.
Deutsche EuroShop | Conference Call Presentation - Half Year Financial Report...Deutsche EuroShop AG
- Footfall and tenant turnover in the company's shopping centers recovered significantly in Q2 2021 compared to Q1 2021 but remained below pre-pandemic levels. Rent collection rates also improved but concessions were still being negotiated.
- The company reported revenues of €104.9 million in H1 2021, down 6.5% year-over-year due to the pandemic's impact. EBIT decreased 10.2% to €70.5 million and EBT excluding valuation was down 10.2% to €55.7 million.
- Shopping center operations continued to be affected by lockdowns and restrictions across the company's markets in Europe, although regulations were gradually easing in most countries. The company
- Wärtsilä reported lower order intake, net sales, and operating result for Q3 2019 compared to Q3 2018 due to project-related challenges and low demand for equipment.
- Cost overruns on certain complex marine and energy projects resulted in a one-time €150 million charge to Wärtsilä's full-year 2019 results, of which €84 million was recognized in Q3.
- Corrective actions were taken to strengthen project management processes and controls to prevent issues surrounding new technologies, suppliers, and underestimated costs.
The document provides an overview of key economic concepts related to measuring national output and income, including:
1) It defines Gross Domestic Product (GDP) as the total market value of all final goods and services produced within a country in a given period. GDP is calculated using the expenditure and income approaches.
2) The expenditure approach sums consumer spending (C), private investment (I), government spending (G), and net exports (X-M). The income approach sums wages, rents, profits, and other factor incomes.
3) Gross National Product (GNP) differs from GDP by including income from domestic factors working abroad, less income to foreign factors working domestically.
4) Real
Deutsche EuroShop | Conference Call Presentation - Half Year Financial Report...Deutsche EuroShop AG
- Most shopping centers in Germany and abroad reopened in May with safety restrictions like distancing and face masks. Footfall has recovered to around 77% of normal levels.
- Rent collection was 48% in Q2 and 78% in July due to negotiations for relief measures like rent deferrals. Around 6% of tenants have become insolvent since the pandemic began.
- Valuation of investment properties was negatively impacted by higher yields and expected lower rents/longer reletting periods due to the pandemic, leading to a negative revaluation result of €217.9 million.
- EBIT declined 20.1% to €78.5 million due to higher allowances for doubtful rents, while revenues
The document defines key macroeconomic concepts including aggregate expenditure, output, income, consumption, saving, investment, government spending, taxes, imports, exports, and equilibrium. It also discusses the consumption function, marginal propensity to consume, marginal propensity to save, and the multiplier effect.
Klöckner & Co - Roadshow Presentation August 9, 2013Klöckner & Co SE
Klöckner & Co SE is a leading multi-metal distributor that held a presentation for Credit Suisse in London on August 9, 2013. CEO Gisbert Rühl discussed the company's financial results for Q2 2013, including a 9.3% decline in turnover due to weak steel markets and restructuring measures. EBITDA increased to €43 million compared to €33 million in Q2 2012 due to cost cuts of €24 million from the KCO 6.0 restructuring program. The presentation also provided an update on the company's restructuring progress and strategy going forward.
Klöckner & Co - UBS Best of Germany Conference, September 17, 2013Klöckner & Co SE
- Klöckner & Co's Q2 2013 financial results showed declines in turnover, sales, and gross profit compared to Q2 2012 due to weak steel markets and ongoing restructuring efforts. The EBITDA of €43m met guidance due to cost reductions from restructuring measures.
- Turnover decreased 9.3% to €1,698m and sales decreased 13.5% to €1,690m as a result of market declines, site closures, and exiting low-margin business. However, the gross margin improved.
- Restructuring measures have significantly reduced costs and are on track to achieve the targeted annual EBITDA impact of around €160m, with €17m
Klöckner & Co - German Corporate Conference 2012Klöckner & Co SE
This document summarizes a presentation by Klöckner & Co SE CEO Gisbert Rühl at a German Corporate Conference in Frankfurt on January 18, 2012.
In the first part, it provides an overview of Klöckner & Co as the largest producer-independent steel and metal distributor with 290 locations globally. It discusses the company's business model, markets, products, and key 2010 figures.
The second part reviews Klöckner & Co's financial performance in Q3 2011, showing increases in sales, volumes, gross profit and EBITDA compared to Q3 2010. It also discusses the company's balance sheet, cash flows, and segment performance.
The third part provides
This document provides guidance on summarizing economic data presented in charts and tables for AS and A2 economics exams. It includes examples of summarizing key features of data on UK migration trends, world copper prices, and oil prices. It also demonstrates calculating an index number and explaining causes of trends based on extracted information. The document offers tips for confidently handling different data presentations and accurately describing economic concepts shown in the data.
Klöckner & Co - Roadshow Presentation August 8, 2013Klöckner & Co SE
This document summarizes a presentation by Klöckner & Co SE CEO Gisbert Rühl given on August 8, 2013. It discusses Klöckner & Co's financial results for the second quarter of 2013, including a 9.3% year-over-year decline in turnover due to weak steel markets and restructuring measures. EBITDA increased to €43 million compared to €33 million in the prior year, due to cost cuts of €24 million. The presentation also provides an update on Klöckner & Co's restructuring program KCO 6.0, which has reduced headcount by over 1,800 and closed 60 of 70 targeted sites.
Measuring National Output and National IncomeNoel Buensuceso
The document discusses key concepts related to measuring national output and national income. It defines GDP as the total market value of all final goods and services produced within a country in a given period. GDP can be calculated using the expenditure approach, which sums consumer spending, investment, government spending, and net exports, or the income approach, which sums compensation, profits, interest, and rents. The document also discusses related concepts like GNP, NNP, personal income, and disposable personal income.
European energy markets observatory findings edition #15Capgemini
European Energy Markets Observatory (EEMO) analyzes the European energy markets in 2012 and winter 2012/2013. Key points include:
- Energy consumption is stagnating due to economic slowdown and efficiency measures, while oil prices remain high due to instability in the Middle East.
- Energy efficiency is a strategic priority but challenging to implement, particularly in transportation and buildings.
- Unconventional gas production, like shale gas, continues to develop and could reduce Europe's gas import dependency by 2030.
- Renewable energy development is slowing due to reduced subsidies amid public deficits.
- The coronavirus pandemic significantly impacted the company's results in the first half of 2020. Revenue declined 2.2% due to rent relief provided to tenants.
- Center operating costs rose substantially by €17.9 million primarily due to higher write-downs of rent receivables totaling €19 million resulting from expected rent defaults and tenant insolvencies caused by the pandemic.
- Earnings before interest and taxes (EBIT) fell 20.1% to €78.5 million mainly due to the increase in rent receivable write-downs and lower revenue amid the pandemic.
- Revenue increased 11.6% to €199.6 million due to stable demand and good capacity utilization. EBITDA rose to €29.7 million compared to €18.8 million in the same quarter last year.
- Loss for the period improved to €-11.2 million from €-13.6 million in the prior year quarter. Loss per share declined from €-0.35 to €-0.29.
- Net debt increased to €496.7 million from €380.5 million due to investments of €69.7 million in tangible and intangible assets. The company decided not to further expand its IC substrate plant in China in the current financial year.
Capgemini's European Energy Markets Observatory is an annual report that was initiated in 2002. It tracks the progress of two subjects: the establishment of an open and competitive electricity and gas market in EU-27 (plus Norway and Switzerland) and the reaching of the EU's 3x20 climate change objectives. The report looks at all segments of the value chain and analyzes leading-edge energy themes — digital revolution, customer experience, smart grids and demand response management — to identify key trends in the electricity and gas industries.
The 15th edition of the report covers the whole year 2012 and winter 2012/13 on the following areas: Energy Regulation, Electricity Markets, Gas Markets, Customer Transformation, Renewable Energy Sources & Local Energy Transitions and Companies’ Overview.
El Comité de Inversiones Extranjeras de Chile representa al Estado en las inversiones extranjeras y se compone de varios ministros. Su misión es posicionar a Chile como un destino atractivo para las inversiones mediante la administración de las leyes de inversión, actividades de promoción y reportes de información. La Vicepresidencia Ejecutiva lidera el Comité y provee información a los inversionistas sobre Chile y cómo establecer negocios, además de coordinar misiones y publicaciones para promover las inversiones.
Profender was established in 1976 in Thailand specializing in shock absorbers and suspensions. It has an R&D department that develops products for off-road vehicles like SUVs and pickup trucks. With over 30 years of experience, Profender offers a full range of off-road shocks and continues researching to meet customer needs. It has received ISO 9000 and TS 16949 certifications for quality manufacturing.
A virtual private data center can reduce IT capital costs and allow a company to focus on its business rather than managing infrastructure. JDA, a global supply chain management company, uses Layered Tech's cloud computing platform which provides scalability and a pay-as-you-go model that offers fast value without large upfront costs, according to JDA. Contact us to learn more about how outsourcing your data center can help your company focus on core objectives.
In early July 2015, Newmarket Gold completed a transformational merger with Crocodile Gold to form a new top 20 Canadian listed gold mining company with three 100% owned operating mines across Australia producing more than 200,000 ounces annually.
This document provides guidance for Southern Polytechnic State University students studying abroad. It outlines important preparations including obtaining a passport and required visas, acquiring health insurance, registering with the U.S. embassy, considering safety abroad, and packing appropriately for the destination country and climate. Students are advised to be flexible, plan extensively, and learn about the host country's culture and laws.
CzechInvest - Georgia Trade Mission to the Czech RepublicJan Fried
The document summarizes CzechInvest's services to support foreign investment and trade in the Czech Republic, including information assistance, site visits, handling of investment incentives, and aftercare services. It provides an overview of the Czech economy and business environment, highlighting the country's skilled labor force, cost competitiveness, geographic location in central Europe, and sectors of focus like aerospace, automotive, IT, energy, and life sciences. Major investors in these sectors like Honeywell, GE Aviation, and Bell Helicopter establish operations in the Czech Republic.
conceptTermStoreManager – The Native SharePoint Utility to Manage Term Sets W...Concept Searching, Inc
conceptTermStoreManager is a new SharePoint on-premises and SharePoint Online utility that provides native integration with the SharePoint Term Store and the Managed Metadata Service application, where changes in the Term Store can easily be synchronized between SharePoint farms.
The solution was developed to overcome and solve the limitations of the SharePoint Term Store to effectively manage term sets across SharePoint farms and SharePoint Online. conceptTermStoreManager works with SharePoint 2013 and Office 365, and will be available in SharePoint 2016.
This webinar will be of value to any SharePoint organization that is starting to use or currently uses the Managed Metadata Service application, and would like to resolve issues that occur when trying to manage term sets across multiple farms and environments.
The webinar is focused on the technical aspects of the utility and will contain an in-depth demonstration, exploring what conceptTermStoreManager offers:
• Direct synchronization of term sets between two environments
• Synchronization between disconnected environments via an export/import process
• Synchronization from SharePoint 2013 to Office 365
• Backup and restore of term sets using XML files
• Support for Office 365 and SharePoint Online
• Support for all SharePoint 2013 Term Store facilities
• Preservation of term GUIDs when updating existing term sets
• Identical on-premises and Office 365 Term Stores for hybrid customers
• Advanced merge options
Pozvánka na Berlitz Online Live Seminars - manažerské semináře v angličtině vhodné pro každého, kdo se chce zdokonalit v sebeřízení, time managementu, komunikačních a prezentačních dovednostech a dalších soft skills.
Fusioninventory openworldforum-paris-2011-septemberGonéri Le Bouder
FusionInventory provides asset management capabilities through its agent and server components. It uses SNMP, NMAP, and other protocols to discover devices on the network and gather inventory information. The project has an active community of contributors and is supported on a wide range of operating systems including Linux, Windows, MacOS, BSD, Solaris and more. It integrates with configuration management and IT service management platforms.
Beneath the surface__understanding_attrition_at_your_agency_and_why_it_matter...ismithpps
The document discusses employee attrition in the federal government. It finds that while overall attrition is relatively low, looking more closely reveals areas of concern. Specifically:
- 24% of newly hired federal employees leave within their first two years, with attrition rates over 35% in some agencies. This results in lost investment in recruiting and training.
- Over 28% of federal employees were eligible to retire in 2009, and by 2015 over 48% will be eligible, including over 67% of supervisors. Hundreds of senior executives have already retired. Knowledge loss from experienced employees retiring will be significant.
- Certain mission-critical occupations experience higher than average attrition, which can negatively impact agencies' ability to
This document contains 60 math questions from a school competition countdown round. The questions cover a variety of math topics including percentages, probability, geometry, number properties, and algebra. They range in difficulty from basic calculations to multi-step word problems.
The summary provides the following key points in 3 sentences:
The Fuquay-Varina Emergency Food Pantry prepares to distribute 700 turkeys and holiday food packages to needy families for Thanksgiving and Christmas. They typically serve over 2,000 individuals each month but see increased demand during the holidays. While the pantry aims to meet increased holiday needs, the director worries about having enough supplies in the months after December due to reduced food donations.
Immobilien, Preise und Lagen. Der neue Immobilienmarktbericht 2013 ist da.
Hier finden Sie detaillierte Informationen über die Immobilienmärkte Stuttgart, Esslingen, Waiblingen, Sindelfingen/Böblingen, der Bodenseeregion und Basel.
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Nicht zuletzt können Sie in unserer aktuellen Ausgabe eine Vielzahl interessanter Immobilienangebote entdecken.
The document is a fact book from MVV Energie AG providing an overview of their 2014/15 financial year and future strategy. Some key points:
- Sales were €3.42 billion for the year, with adjusted EBIT rising to €175 million. €470 million was invested, over half in growth areas.
- Renewable energy and combined heat and power generation accounted for around 50% of electricity production.
- Adjusted annual net income after minority interests was €75 million, with an adjusted earnings per share of €1.14. A dividend of €0.90 per share was proposed.
- Strategic goals include profitable growth in renewables, connecting conventional and renewable energy efficiently, and guarantee
- Broadwind obtained industry and market data from various sources but does not guarantee accuracy. The presentation includes forward-looking statements subject to risks and uncertainties.
- In Q2 2014, Broadwind saw increased revenue, margins, and orders compared to Q2 2013. Towers revenue was up 39% and gearing orders were the highest in over 4 years.
- Broadwind's backlog at the end of Q2 2014 was up 56% from the previous year and 93% of expected 2014 revenue was already shipped or in backlog.
- Broadwind obtained industry data from various third party sources but does not guarantee its accuracy. Forward-looking statements are subject to risks and uncertainties.
- Tower production is returning to normal levels at the Abilene plant. Continuous improvement efforts continue to increase productivity. Strong performance at the Manitowoc plant has increased section production by 25% versus Q1 2014.
- A $50M tower order was received in Q2 2015 for 2016 production. Gearing orders were weak due to depressed oil & gas and mining markets but services orders rebounded. Over 90% of expected H2 2015 revenue was in backlog at the end of Q2 2015.
Broadwind Energy reported strong financial results in Q2 2014 compared to the previous year. Revenue increased 29% driven by higher tower and gearing sales. Gross margins improved significantly by 470 basis points due to increased volumes and productivity improvements. EPS of $0.12 was well ahead of the prior year. Order backlog reached $222 million, up 56% from the previous year, providing visibility into 2015. The presentation highlighted continued demand in key end markets and operational improvements that strengthened Broadwind's financial position.
- Broadwind's Q1 2015 earnings conference call discussed lower than expected revenue and earnings due to production issues at its Abilene plant and delays receiving inventory at West Coast ports.
- Production has returned to normal levels at Abilene and inventory levels increased due to deferred deliveries, which will be consumed later in the year.
- Order backlog remains solid at $174M, providing visibility for the majority of revenue through Q4 2015. Management expects significant new orders in Q2 2015.
1) Santander cautions that its presentation contains forward-looking statements that are subject to risks and uncertainties.
2) Santander's 2014 results showed strong profit growth of 39% driven by higher net interest income, fee income and lower provisions despite negative foreign exchange impacts.
3) Santander exceeded its 2014-2016 efficiency plan targets, achieving cost savings of €1,188 million in the first year through initiatives in Brazil, Spain, central services and other units.
ACCIONA provided a quarterly financial report for Q1 2014. The document includes highlights such as strengthening the balance sheet through debt reduction and increased liquidity despite regulatory impacts in renewables. It also notes accounting changes from implementing IFRS 11 and extending useful lives for wind assets. Financial results showed revenue declines due to regulatory factors while EBITDA was impacted by Spain's new renewable energy framework.
HeidelbergCement reported its first quarter 2015 results, with revenues increasing 12% year-over-year to €2.8 billion driven by strong growth across all major markets. Operating EBITDA increased 46% to €299 million, with a margin of 10.6% compared to 8.1% in the prior year. Cement volumes were down 1% while aggregates volumes grew 4%. The results reflected continued focus on margin improvement programs and strong demand growth. Energy costs declined significantly year-over-year providing a tailwind for margins in 2015. The company reiterated its outlook for double-digit revenue, income and net income growth in 2015.
This document summarizes Broadwind's 2014 earnings conference call. It discusses Broadwind's financial results for 2014, including improved sales and narrowed operating losses. It also provides an overview of the wind industry market conditions and Broadwind's priorities for 2015, which include growing sales, achieving profitability, and margin improvement through initiatives like restoring tower production capacity. The document contains forward-looking statements and disclaimers about the accuracy of industry data.
Klöckner & Co - Q3 2013 Results, Press Telephone Conference, November 6, 2013Klöckner & Co SE
- Gisbert Rühl, CEO of Klöckner & Co SE, presented Q3 2013 results and outlook. Key points include:
- Q3 EBITDA of €39M met guidance despite weak European markets, due to cost cutting measures.
- Restructuring program KCO 6.0 is far advanced, with 61 of 71 sites closed and over 2,000 job cuts realized.
- Additional optimization measures called KCO WIN are expected to contribute €20M to EBITDA in 2014 and €30M from 2015 onward.
- Full year EBITDA target of €140M and positive free cash flow are confirmed. The outlook remains cautious due to
This document summarizes key points from Broadwind's Q3 2015 earnings conference call:
- Broadwind discussed challenges in ramping up full tower production capacity and solutions being implemented around procurement processes and capital investments.
- The wind market continues to be driven by a large pipeline of projects under construction, particularly in Texas and the Midwest.
- Tower orders and backlog were down compared to Q3 2014 but are expected to increase in Q4 2015 with significant order announcements.
- Financial results showed declines in revenue and margins compared to Q3 2014 due to unfavorable tower mix. Liquidity improved with declining working capital and inventory levels projected to decrease further.
This presentation contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. These forward-looking statements include statements with regard to the expected development of revenue, earnings, profits from operations, depreciation and amortization, cash flows and personnel-related measures. You should consider them with caution. Such statements are subject to risks and uncertainties, most of which are difficult to predict and are generally beyond Deutsche Telekom’s control. Among the factors that might influence our ability to achieve our objectives are the progress of our workforce reduction initiative and other cost-saving measures, and the impact of other significant strategic, labor or business initiatives, including acquisitions, dispositions and business combinations, and our network upgrade and expansion initiatives. In addition, stronger than expected competition, technological change, legal proceedings and regulatory developments, among other factors, may have a material adverse effect on our costs and revenue development. Further, the economic downturn in our markets, and changes in interest and currency exchange rates, may also have an impact on our business development and the availability of financing on favorable conditions. Changes to our expectations concerning future cash flows may lead to impairment write downs of assets carried at historical cost, which may materially affect our results at the group and operating segment levels. If these or other risks and uncertainties materialize, or if the assumptions underlying any of these statements prove incorrect, our actual performance may materially differ from the performance expressed or implied by forward-looking statements. We can offer no assurance that our estimates or expectations will be achieved. Without prejudice to existing obligations under capital market law, we do not assume any obligation to update forward-looking statements to take new information or future events into account or otherwise.
In addition to figures prepared in accordance with IFRS, Deutsche Telekom also presents non-GAAP financial performance measures, including, among others, EBITDA, EBITDA margin, adjusted EBITDA, adjusted EBITDA margin, adjusted EBIT, adjusted net income, free cash flow, gross debt and net debt. These non-GAAP measures should be considered in addition to, but not as a substitute for, the information prepared in accordance with IFRS. Non-GAAP financial performance measures are not subject to IFRS or any other generally accepted accounting principles. Other companies may define these terms in different ways.
Klöckner & Co - Roadshow Presentation November 2012Klöckner & Co SE
- Klöckner & Co SE reported flat sales in Q3 but EBITDA declined significantly due to continued price erosion.
- The scope of Klöckner's restructuring program will be expanded significantly, with the goal of achieving around €150 million in annual EBITDA savings by 2014.
- Klöckner will close approximately 60 sites and reduce its workforce by over 1,800 positions as part of the expanded restructuring effort.
Klöckner & Co SE reported financial results for Q3 2012 that were below expectations due to continued price pressure reducing margins. While sales declined slightly in Europe but grew in the US, overall group sales were flat for Q3 year-over-year. EBITDA of €19m missed guidance due to price declines in September. The company plans to significantly expand the scope of its restructuring program to close approximately 60 sites, reduce headcount by over 1,800, and increase annual EBITDA by around €150m once fully implemented in 2014.
- The document is a disclaimer and presentation of financial results for ACCIONA for the first half of 2015. It contains forward-looking statements and important information about the use and ownership of the document.
- Key highlights of H1 2015 for ACCIONA include revenues of €3,304 million (up 9.9%), EBITDA of €573 million (up 21.4%), and a reduction in net debt of 2.7% compared to end of 2014.
- Investment (capex) was down 48.2% in H1 2015 compared to previous year, with most invested in Energy projects such as wind farms in South Africa and Poland.
The annual report summarizes FLSmidth's financial performance in 2014. Key points include revenue and EBITA declining as expected due to cyclical market conditions, but free cash flow reaching its highest level in five years. Safety performance improved with lost time injury frequency rate decreasing 31% year-over-year. Additional efficiency initiatives are expected to generate cost savings and improve profitability in 2015-2016. The report also outlines the company's strategic focus on efficiency, growth, and becoming a full service provider.
Hillenbrand provides a Q4 2015 earnings presentation covering their financial performance and outlook. Key points:
- Q4 revenue declined 16% to $392 million due to lower volume in the Process Equipment Group segment. Adjusted EPS fell 9% to $0.55.
- For full-year 2015, revenue increased 2% but currency impacts reduced revenue by 6%. Adjusted EPS grew 6.8% to $2.05.
- For 2016, Hillenbrand expects 2-4% constant currency revenue growth and adjusted EPS between $2.10-$2.25, driven by organic growth and cost improvements.
- In 2014, Philips announced plans to establish two stand-alone companies focused on HealthTech and Lighting Solutions to sharpen its strategic focus.
- One company will focus on health technologies to help address challenges in healthcare like aging populations and chronic diseases.
- The other will focus on lighting solutions to help address challenges like urbanization and energy constraints.
- The reorganization will involve integrating sectors into the HealthTech company and separating the lighting business, which may take 12-18 months.
Aegis Growth Conference Investor Presentation October 2015broadwind
The document provides an overview of Broadwind Energy Inc. and discusses its business segments, financial performance, and outlook. It notes that Broadwind obtained industry data from third party sources and its forecasts are subject to risks and uncertainties. It summarizes Broadwind's tower, gearing, and services segments and discusses recent financial results, backlog, liquidity, and strategic plans to improve operations and divest the unprofitable services business.
Presentation Clayton Valley, NevadaFrom Drilling to PEA in under 2 YearsCompany Spotlight
The document summarizes Cypress Development Corp's Clayton Valley lithium project in Nevada. Key points include:
- A Preliminary Economic Assessment shows promising economics including a 32.7% IRR and $1.45 billion NPV.
- Measured and indicated resources total 8.9 million tonnes LCE with additional inferred resources.
- The project has the potential for low-cost production due to favorable geology and metallurgy.
- Upcoming catalysts in 2019 include a metallurgical study and prefeasibility study to further de-risk the project.
Aben Resources has made a new high-grade gold discovery at its flagship Forrest Kerr project in BC's Golden Triangle region. The region is known for major gold deposits and saw $100 million in exploration spending in 2017. Recent improvements have made the Forrest Kerr project more accessible via new roads. Aben's technical team has reinterpreted historical data and identified additional exploration targets. The project covers over 23,000 hectares of prospective geology along the Forrest Kerr fault zone that is similar to other major deposits in the Golden Triangle.
Aben Resources has discovered high-grade gold zones at its Forrest Kerr project in British Columbia's Golden Triangle. The first hole of the 2018 drill program intersected four separate high-grade gold zones within 190 metres, including 331.0 g/t Au over 1.0 metre. Aben plans to expand drilling at the Boundary North Zone and test other gold anomalies identified through soil sampling. The company also holds the Justin project in Yukon and Chico project in Saskatchewan near recent discoveries.
Cypress Development Corp. owns lithium claims in Clayton Valley, Nevada near Albemarle's Silver Peak lithium mine. A preliminary economic assessment found the project could have a 32.7% IRR and $1.45 billion NPV. The project would extract lithium from claystone using leaching and have average annual production of 24,042 tonnes of lithium carbonate over 40 years. Capital costs are estimated at $482 million to build a 15,000 tonne per day operation.
The document discusses Aben Resources Ltd., a gold exploration company with projects in British Columbia's Golden Triangle region and other areas of Western Canada. It provides an overview of Aben's management team and directors, flagship Forrest Kerr project, recent drilling results showing new high-grade gold discoveries, and its strategy to advance exploration through 2018. The document also briefly outlines Aben's other projects including the Chico gold project in Saskatchewan and Justin gold project in Yukon.
Cypress Development Corp. owns the Clayton Valley lithium project in Nevada. Drilling in 2017 intersected lithium-bearing claystone averaging 921 ppm Li over 77 meters thick. A maiden resource estimate calculated 3.287 million tonnes of lithium carbonate equivalent in the indicated category and 2.916 million tonnes LCE in inferred. Metallurgical tests show the claystone is acid leachable and able to recover over 80% of the lithium. Cypress plans additional drilling, engineering studies, and permitting to advance the project towards production.
- Aben Resources has three highly prospective gold projects in Western Canada including its flagship Forrest Kerr Project in BC's Golden Triangle region, which had recent drilling success expanding the Boundary North Zone.
- Management has over 100 years of combined experience in Western Canada and a proven track record of success.
- The projects have significant historic work identifying high-grade gold and robust discovery potential remains.
Cypress Development Corp. owns the Clayton Valley lithium project in Nevada. Drilling in 2017 intersected lithium-bearing claystone averaging 921 ppm Li over 77 meters. A maiden resource estimate classified over 1.3 million tonnes of lithium carbonate equivalent as indicated and inferred. Metallurgical testing shows the claystone is leachable with over 80% lithium recovery. Cypress aims to advance the project with engineering studies and further drilling to define resources with the goal of becoming a domestic lithium producer for the growing battery market.
The document provides forward-looking statements and discusses risks associated with such statements. It notes that some statements may be deemed forward-looking and lists factors that could cause actual results to differ from forward-looking statements. The document also identifies the qualified person for the technical information as Cornell McDowell and provides Aben's trading symbols and recent share information.
The document provides an overview of Aben Resources Ltd., a mineral exploration company with gold projects in Western Canada. It summarizes Aben's three key projects - Forrest Kerr in BC's Golden Triangle region with recent drill results discovering the Boundary Zone, Chico in Saskatchewan near producing mines, and Justin in Yukon's White Gold district. It outlines the management team's expertise and provides company details like shares outstanding and trading symbols.
- Cypress Development Corp owns the Clayton Valley lithium project in Nevada located near Albemarle's Silver Peak lithium brine operation.
- Drilling in 2017 encountered lithium mineralization averaging 921 ppm Li over 77 meters in 14 holes drilled.
- Metallurgical tests show the claystone is acid leachable with over 80% lithium extraction possible.
- Cypress aims to define a resource estimate in 2018 and advance the project with feasibility studies to develop a lithium operation.
The document discusses forward-looking statements and provides disclaimers about them. It introduces the qualified person for the technical information presented. It also lists Aben's trading symbols and recent share information including price and market capitalization.
1) Cypress Development Corp owns the Clayton Valley lithium project located next to Albemarle's Silver Peak mine in Nevada. Drilling in 2017 intersected lithium-bearing claystone averaging over 900 ppm Li to a depth of over 100 meters.
2) A maiden resource estimate classified over 1.5 million tonnes of lithium carbonate equivalent as indicated and inferred. Metallurgical testing shows the claystone is acid leachable to extract over 80% of the lithium.
3) The project is located in a strategic location to supply the growing lithium-ion battery market in the US, with lithium demand accelerating due to the increased production of electric vehicles globally.
TerraX Minerals is a Canadian mineral exploration company focused on exploring and developing its 100% owned 772 square km Yellowknife City Gold project located adjacent to the city of Yellowknife, Northwest Territories. The project covers high-grade Archean gold districts and has had multiple high-grade gold discoveries. TerraX has a strong management team with experience discovering and developing gold deposits and low exploration costs due to the project's excellent infrastructure and year-round access near Yellowknife.
This document discusses forward-looking statements and provides information about Aben Resources Ltd., including its stock symbols, shares outstanding, recent share price, market capitalization, and three gold exploration projects in Western Canada. It summarizes the management team's experience and the company's investment highlights. Specifically, it owns the Forrest Kerr gold project in British Columbia's Golden Triangle region, which saw successful drilling results in 2017 that led to a new discovery called the North Boundary zone.
Cypress Development Corp owns lithium claystone deposits in Clayton Valley, Nevada near Albemarle's Silver Peak lithium mine. Drilling in 2017 encountered lithium mineralization averaging 921 ppm Li over 77 meters in 14 holes. Metallurgical tests show the claystone is acid leachable with up to 80% lithium extraction. Cypress plans additional drilling, process engineering, and a preliminary economic assessment in 2018 to advance the project. The company sees potential for the project given growing lithium demand from electric vehicles and batteries.
TerraX Minerals is a Canadian mineral exploration company focused on exploring its 100% owned 772 square km Yellowknife City Gold project located near Yellowknife, Northwest Territories. The project covers high-grade Archean gold districts with known deposits and past producers. TerraX has made multiple high-grade gold discoveries on the property and identified several high-priority targets for further exploration and drilling. The company has a strong management team with experience discovering and developing deposits in the region.
Cypress Development Corp owns lithium claystone deposits in Clayton Valley, Nevada that have the potential to be a significant lithium resource. Drilling in 2017 encountered mineralization averaging 921 ppm lithium over 77 meters thick in 14 drill holes. Metallurgical testing shows the claystone is acid leachable with up to 80% lithium extraction. Cypress plans additional drilling, metallurgical testing, and a preliminary economic assessment in 2018 to further define the resource potential.
Cypress Development Corp owns lithium claystone deposits in Clayton Valley, Nevada near Albemarle's Silver Peak lithium mine. Drilling in 2017 encountered mineralization averaging 921 ppm lithium over 77 meters thick in 14 drill holes. Metallurgical tests show the claystone is acid leachable with up to 80% lithium extraction. Cypress plans additional drilling, metallurgical testing, and a preliminary economic assessment in 2018 to evaluate the project's potential.
Cypress Development Corp is exploring for lithium resources in Clayton Valley, Nevada. Recent drilling has encountered lithium-bearing claystone up to 112 meters below surface, with grades averaging over 800 ppm lithium. Metallurgical testing indicates 80% of the lithium can be extracted using a weak sulfuric acid solution. Cypress plans additional drilling in 2018 and expects to publish a initial lithium resource estimate in Q1 2018 to advance the project towards a preliminary economic assessment. The project is located near existing lithium production and infrastructure to be a potential new supply of lithium for the growing battery market.
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June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
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Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
Cove Multifamily Income Fund 28 LLC IOI 3.3.2021 (1).pdf
Mvv factbook q1_15
1. MVV ENERGIE
DER ZUKUNFTSVERSORGER
ENERGIE FÜR UNSERE KUNDEN:
DEZENTRAL UND EFFIZIENT
ANALYSTENKONFERENZ
GESCHÄFTSJAHR 2013/14 NACH IFRS
FRANKFURT, 11. DEZEMBER 2014
ANALYSTENKONFERENZ
GESCHÄFTSJAHR 2013/14 NACH IFRS
FRANKFURT, 11. DEZEMBER 2014
MVV ENERGIE
ENERGISING THE FUTURE
ENERGY FOR
OUR CUSTOMERS:
DECENTRALISED
AND EFFICIENT
FACT BOOK
1ST QUARTER 2014/15 PURSUANT TO IFRS
12 FEBRUARY 2015
2. No offer, invitation or recommendation to purchase or sell securities of MVV Energie AG
This presentation has been prepared by MVV Energie AG for information purposes only. It does not constitute an offer, an invitation or a recommendation
to purchase or sell securities of MVV Energie AG. This presentation must not be relied upon in connection with any investment decision. The securities of
MVV Energie AG have not been registered under the United States of America’s securities laws and may not be offered or sold in the United States of
America or to U. S. persons without registration or exemption from registration in accordance with the applicable United States’ securities laws.
Disclaimer
All information contained in this presentation has been established with care. However the information in this presentation has not been independently
verified. We cannot guarantee its reliability or completeness. The information herein shall not be deemed as a guarantee or any such instrument in any
respect. MVV Energie AG reserves the right to amend, supplement or delete any information in this presentation at any time.
In addition to the figures prepared in our Annual Reports this presentation may contain further financial performance measures. These financial
performance measures should be considered in addition to, but not as a substitute for, the information prepared in our Annual Reports. Other companies
may define such financial performance measures in different ways.
Future-oriented statements
This presentation may contain statements on future developments (“future-oriented statements“) that are based on currently available information and the
plans, estimates and forecasts of the management of MVV Energie AG. Future-oriented statements include, but are not limited to projections of revenues,
income, earnings per share, dividends, statements of plans or objectives for future operations. Such future-oriented statements are also indicated by
words such as “anticipate“, “may“, “will“, “should“, “intend“, “expect“, “estimate“ and similar expressions. These future-oriented statements are subject to
risks and uncertainty and cannot be controlled or accurately predicted by MVV Energie AG. A multitude of factors such as changing business or market
conditions, political and legal conditions, fluctuating currency exchange rates and interest rates, prices, stronger competition and sale risks, changes in
the price and availability of raw materials, risks associated with energy trading (e.g. risks of loss in the case of unexpected, extreme market price
fluctuations and credit risks) can cause actual events to differ significantly from any anticipated development.
Therefore it cannot be guaranteed nor can any liability be assumed otherwise that these future-oriented statements will prove complete, correct or precise
or that expected and forecast results will actually occur in the future.
MVV Energie AG neither intends to nor assumes any obligation to update these future-oriented statements.
Investor RelationsSlide 2
Disclaimer
11.02.2015
4. Cash flow from operating activities 1
–
Adjusted earnings per share 1, 2
(Euro) -21
Adjusted net income for period after minority interests 1, 2
-20
Adjusted net income for period 1, 2
-16
Adjusted EBT 1, 2
-14
Adjusted EBIT 1, 2
-16
Adjusted EBITDA1, 2
-11
Sales excluding energy taxes 1
-10
-15
0.61
40
45
63
76
115
1 051
9
0.48
32
38
54
64
102
941
in Euro million
Key figures of the MVV Energie Group for the
1st quarter of 2014/15 financial year – Adjusted
Slide 4 Investor Relations
1 previous year`s figures adjusted
2 excluding non-operating financial derivative measurement items, excluding structural adjustment for part-time early retirement
and including interest income from finance leases
11.02.2015
1 Oct 2013
to 31 Dec 2013
1 Oct 2014
to 31 Dec 2014
% change
5. 11.02.2015
Total -10
Other Activities 1
0
Strategic Investments 1
-15
Sales and Services 1
-8
Trading and Portfolio Management 1
-23
Generation and Infrastructure 1
+10
1 051
1
34
620
299
97
941
1
29
573
231
107
in Euro million
Sales excluding energy taxes by reporting segments in the
1st quarter of 2014/15 financial year
Slide 5 Investor Relations
1 Oct 2013
to 31 Dec 2013
1 Oct 2014
to 31 Dec 2014
% change
1 previous year`s figures adjusted
6. 11.02.2015
Total -12
Other Activities 1
-2
Strategic Investments 1
-6
Sales and Services -8
Trading and Portfolio Management 0
Generation and Infrastructure +4
76
4
15
25
-4
36
64
2
9
17
-4
40
in Euro million
Adjusted EBIT by reporting segments in the
1st quarter of 2014/15 financial year
Slide 6 Investor Relations
1 Oct 2013
to 31 Dec 2013
1 Oct 2014
to 31 Dec 2014
+/- change
1 previous year`s figures adjusted
7. 11.02.2015
0Interest income from finance leases 1
Structural adjustment for part-time early retirement 0
Financial derivative measurement items 1
+28
EBIT as reported in income statement 1
-40
+1
+1
-22
96
1 Oct 2013
to 31 Dec 2013
+1
+1
+6
56
1 Oct 2014
to 31 Dec 2014
in Euro million +/- change
Reconciliation of EBIT (income statement) with adjusted EBIT
in the 1st quarter of 2014/15 financial year
Slide 7 Investor Relations
Adjusted EBIT -127664
1 previous year`s figures adjusted
8. Special items at net business
Positive factors
Milder weather and lower wind arise
Falling electricity prices on the wholesale
market and continuing low clean dark spread
(CDS). We are now marketing all of our
electricity generation volumes on the basis of
these low prices and spreads.
Negative factors
Key factors in the 1st quarter of 2014/15 financial year affecting
year-on-year adjusted EBIT performance
Investor RelationsSlide 811.02.2015
10. Sales reduce from Euro 4.04 billion to Euro 3.79 billion
Investor RelationsSlide 10
2013/14 financial year at a glance
11.02.2015
Adjusted EBIT of Euro 173 million in line with forecast
At Euro 321 million, investments remain high following record previous year`s figure
More than half of electricity in generated from renewable energies and in combined
heat and power (CHP) generation
Annual net income of Euro 85 million and earnings per share of Euro 1.29 both
unchanged on previous year
Proposed dividend of Euro 0.90 per share
11. Cash flow from operating activities 2 +12
Adjusted earnings per share 1, 2
(Euro) 0
Adjusted annual net income after minority interests 1, 2
0
Adjusted annual net income 1, 2
-9
Adjusted EBT 1, 2
-9
Adjusted EBIT 1, 2
-17
Adjusted EBITDA 1, 2
-10
Sales excluding energy taxes -6
372
1.29
85
101
143
208
376
4 044
2012/13
418
1.29
85
92
130
173
338
3 793
2013/14in Euro million % change
Key figures of the MVV Energie Group for the
2013/14 financial year – Adjusted
Slide 11 Investor Relations11.02.2015
1 excluding non-operating financial derivative measurement items, excluding structural adjustment for part-time early retirement,
excluding restructuring expenses and including interest income from finance leases
2 previous year`s figures adjusted
12. 11.02.2015
Total -6
Other Activities >+100
Strategic Investments -19
Sales and Services -3
Trading and Portfolio Management -14
Generation and Infrastructure +3
4 044
1
243
2 356
1 054
390
2012/13
3 793
4
198
2 278
910
403
2013/14in Euro million % change
Sales excluding energy taxes by reporting segments in the
2013/14 financial year
Slide 12 Investor Relations
13. 11.02.2015
Total -35
Other Activities 1
+6
Strategic Investments -1
Sales and Services -9
Trading and Portfolio Management -6
Generation and Infrastructure -25
208
3
32
40
-16
149
2012/13
173
9
31
31
-22
124
2013/14in Euro million +/- change
Adjusted EBIT by reporting segments in the
2013/14 financial year
Slide 13 Investor Relations
1 previous year`s figure adjusted
14. 11.02.2015
Interest income from finance leases 0
Restructuring expenses1
+11
Structural adjustment for part-time early retirement 1
0
Financial derivative measurement items -27
EBIT as reported in income statement -19
+4
-11
+2
+3
210
+4
–
+2
-24
191
in Euro million
Reconciliation of EBIT (income statement) with adjusted EBIT
in the 2013/14 financial year
Slide 14 Investor Relations
Adjusted EBIT -35208173
1 previous year`s figures adjusted
2012/132013/14 +/- change
15. Expansion of renewable energy generation
portfolio
Special items at MVV Enamic subgroup
Loss of charge from downtime due to turbine
damage in environmental business in previous
year
Cost discipline
Positive factors
Significantly mild weather conditions
Continuing low clean dark spread (CDS)
Since January 2013, CO2 emission allowances
previously allocated free of charge to be
auctioned
Lower waste prices
Negative factors
Key factors in the 2013/14 financial year affecting year-on-
year adjusted EBIT performance
Investor RelationsSlide 1511.02.2015
17. Investor RelationsSlide 17
Development in key financial figures
11.02.2015
Average remaining term in years 1
2013/14
6.3
2012/13
5.8
2011/12
4.9
2010/11
7.3
2009/10
6.8
Adjusted equity ratio in % Net gearing 1
Average loan interest in % 1
2013/14
1,088
2012/13
1,111
2011/12
1,028
2010/11
1,011
2009/10
1,202
MVV Energie
Group
2009/10
35.7
2013/14
35.1
2012/13
34.5
2011/12
36.1
2010/11
37.7
2013/14
3.1
2012/13
3.4
2011/12
3.3
2010/11
4.4
2009/10
4.0
3.23.02.62.53.0
1 Weighted by volume
1 Net financial debt / Adjusted EBITDA
1 Weighted by volume
Net financial
debt in
Euro million
19. Investor RelationsSlide 19
The energy industry faces fundamental transformation
11.02.2015
Energy supply
Central, conventional large power plants
Central system management
Consumers or points of consumption
Energy management
Central and decentralised generation, mix of
conventional and renewable sources
Central and decentralised system
management
Customers and prosumers
Old world New world
20. Investor RelationsSlide 20
New technologies bridge the missing link to integrate
decentralised plants into the energy market
11.02.2015
Energy management platforms
Photovoltaics
Heating
energy pump
Micro
biomass
CHP plant
Electric
car
Storage facility
Appliances
Local grid stationsTransformer stations
Large power plants Grid control centres
Missing link
Decentralised energy management
21. Core statements:
Well-balanced generation portfolio
Wind power playing an ever greater role
Share of electricity from RE and CHP > 50%
Absolute reduction in direct CO2 emissions
CO2 avoidance increased
Electricity generation from renewable energies at the MVV Energie
Group in Germany in FY 2013/14: 872 million kWh
Slide 21
Renewable energies (RE) and combined heat and power
(CHP) generation in MVV Energie’s portfolio
Investor Relations11.02.2015
RE electricity capacity
Share of electricity from
RE and CHP
52%51%
2012/132013/14
Biomass
Biogenic share of waste/RDF
Other
Wind power
Heating energy and
steam generation (CHP)
5.6 bn kWh
315 MWe
5.1 bn kWh
344 MWe
CO2 emissions
avoided 2
CO2 emissions 1
0.6 m tonnes
4.0 m tonnes
0.7 m tonnes
3.8 m tonnes
1 Direct CO2 emissions of the MVV Energie Group
2 CO2 emissions avoided due to electricity from RE plants (as per BMU avoidance factors)
Direct marketing
(capacity under contract)
2 400 MW2 600 MW
33% 39%
27%
1%
22. Investor RelationsSlide 22
Strong partnership with juwi AG
11.02.2015
Together
Strong partnership as
opportunity for both companies
to enhance and strengthen
their businesses
Long-term cooperation in core
activities and value chains
“Energiser of the Future”
Pioneer in transformation of
German energy system
One of Germany’s leading
energy companies
Renewable energies pioneer
Market leader in developing
wind and solar projects
Strong project development
competence
MVV Energie is convinced by juwi’s restructured business model and strategy
23. Investor RelationsSlide 23
► Implementation of MVV Energie’s generation
strategy by acquiring a regional project developer with
key focus on Lower Saxony
Objective of expanding our wind portfolio will be
supported by
• Boosting internal competencies (project development,
operations management) and
• Securing access to projects
► French activities represent an opportunity
Acquisition of Windwärts Energie GmbH – Extension to
value chain
11.02.2015
24. Development of
renewables
electricity
generation portfolio
with focus on
onshore wind power
Extension in value
chain with focus on
project development
(PD)
Expansion in
effective asset
management
Exploitation of
opportunities
abroad
Core element of MVV 2020
strategy
PD with value contribution,
but different risk structure
Optimisation over plant
lifecycle (planning, operations,
direct marketing)
Aim: independent of ownership
Systematic analysis of
renewable energies in
Europe
1
2
3
4
Generation strategy for renewable energies Acquisition of Juwi and Windwärts
Acquisition of Windwärts and cooperation
with Juwi as opportunity to significantly
expand proprietary project development
Boosting competence in operations
management and direct marketing also lays
a foundation for effective asset
management
The access to a pipeline in development at
Juwi and Windwärts can be used as a basis
for further expansion in the proprietary asset
portfolio
Increasing international share at Juwi
(worldwide) and Windwärts (France)
reduces dependence on national subsidy
systems
MVV Energie’s generation strategy focuses on growth market
of onshore wind power
Investor RelationsSlide 2411.02.2015
26. 340
120
~1,500
23%
TotalBudget 14/15
to 19/20
Budget 14/15
to 16/17
Actual 09/10
to 13/14
1,040
Growth: approx. 77% implemented or decided Existing: approx. 70% implemented or decided
820
230
450
Budget 14/15
to 19/20
~1,500
TotalActual 09/10
to 13/14
30%
Budget 14/15
to 16/17
Implementation of investment programme
at MVV Energie Group
Investor RelationsSlide 26
Budget – decidedActual Budget – outstanding
11.02.2015
27. Growth
• Construction of wind farm Hungerberg
• Construction of Kroppenstedt and Staßfurt
biomethane plants
• Construction of Ridham Dock biomass power
plant
• Construction of Plymouth energy from
waste plant
• Extending the supply of district heating in
Mannheim
• Takeover of electricity grids in Ilvesheim
and Ketsch
Existing business
• Optimising and preserving substance of
supply facilities and distribution grids
Investments in 2013/14 financial year
Growth
investments
Euro 212 million
Investments in
existing business
Euro 109 million
Investment and growth
Investor RelationsSlide 2711.02.2015
Euro
321 million
28. Biomethan at Staßfurt location
Investor Relations
► Launch of construction work: June 2014
► Launch of operations: Mid of 2015
► Investment: roughly Euro 14 million
► Output: approx. 3 MWe
► Biogas production: 63.5 million kWh p.a.
(equivalent to electricity consumption of 6,000 families and
heating energy need of 1,200 households)
► Gas output: 695 Nm3 per hour of biomethane
(in natural gas quality)
► Raw materials requirement: approx. 62,000 tonnes p.a.,
mainly maize silage, sugar beet, cuttings and winter crops
► CO2 savings: 20,000 t/a
► Planned operating term: 26 years
Biomethane plant Staßfurt – third step towards building up a
biomethane cluster in Saxony-Anhalt
Slide 2811.02.2015
30. Operating adjusted EBIT to amount to between Euro 180 million and Euro 195 million
Investor RelationsSlide 30
Outlook for 2014/15 financial year
11.02.2015
Moderate growth in sales (excluding energy taxes) compared with
the adjusted previous year´s figure (Euro 3.7 billion)
Key drivers of adjusted EBIT forecast:
• Weather conditions and wind arise
• Low wholesale electricity prices and ongoing low margin
achieved from generating electricity (clean dark spread)
• Commissioning of new plants
• Start-up costs for our growth investments
• Development of waste prices
33. 11 Dec 2014 Annual Results Press Conference and Analysts` Conference in Frankfurt/Main
12 Feb 2015 Financial Report for 1st
Quarter of 2014/15
15 May 2015 Financial Report for 1st Half of 2014/15 and Analysts` Conference Call
13 Mar 2015 Annual General Meeting in Mannheim
14 Aug 2015 Financial Report for 1st
Nine Months of 2014/15 and Analysts` Conference Call
11 Dec 2014 2013/14 Annual Report
Investor Relations
Financial calendar 2014/15
Slide 3311.02.2015
10 Dec 2015 Annual Results Press Conference and Analysts` Conference in Frankfurt/Main
10 Dec 2015 2014/15 Annual Report
36. Free Float: of which 1.9%
institutional investors and
2.9% private investors
EnBW Energie Baden-
Württemberg AG
City of Mannheim (indirect)
RheinEnergie AG
Current shareholder structure and key figures
of MVV Energie AG
50.1%
22.5%
6.3%
4.8%
16.3%
No. of shares:
65.907 million
Ø daily turnover:
2,882 shares in 2013/14 FY
Market capitalisation:
Euro 1,658 million
(Closing price on 11 February
2015: Euro 25.15 Euro)
Free float:
Euro 80 million
Investor RelationsSlide 3611.02.2015
GDF SUEZ Energie
Deutschland GmbH
37. Investor RelationsSlide 37
ISIN DE000A0H52F5 XETRA Trading
Performance comparison of the MVV Energie AG share
11.02.2015
80
90
100
110
120
130
140
30.9.2011 11.2.2015
%
30.9.2012 30.9.2013 30.9.2014
MVV Energie AG +17%
DAXsector Utilities -3%
Share chart as performance comparison (including dividend payments in March 2012, 2013 and 2014) with DAXsector Utilities
38. 4.0
22.35
59.3
0.90
2012/13
3.8
23.89
59.3
0.90 1
2013/14Dividend
High dividend distribution in past eight years
Slide 38
4.2
21.39
59.3
0.90
2011/12
3.8
23.86
59.3
0.90
2010/11
3.1
29.00
59.3
0.90
2009/10
2.9
30.83
59.3
0.90
2008/09
2.7
33.20
59.3
0.90
2007/08
2.7
29.49
52.7
0.80
2006/07
Investor Relations11.02.2015
Dividend/Share (Euro)
Total dividend 2
(Euro million)
Closing price on 30.9
(Euro)
Dividend yield 3
(%)
1 subject to approval by the Annual General Meeting on 13 March 2015
2 with dividend entitlement since FY 2006/07: 65.9 million shares
3 dividend yield based on respective closing price in XETRA trading on 30 September
39. Well balanced portfolio
Across major steps of the
value added chain,
across regions and
across customers
Green & clean
No nuclear exposure in own
generation
Wind onshore, biomass
and biomethane
CHP and district heating
R&D: Smart metering
Solid balance sheet
Long term investment
horizon matched with long
term maturities
High equity ratio of 35.1%
Ambitious capex
programme until 2020
Euro 3 billion in total of which
• Euro 1.5 billion in growth
• Euro 1.5 billion in
existing business
Investor Relations
Advantages for our shareholders
Slide 3911.02.2015
41. Investor RelationsSlide 41
Share of sales in 2013/14 FY Adjusted EBIT in 2013/14 FY(Euro million)
60%
5% 11%
24%
Sales and adjusted EBIT by reporting segments
9
31
31
-22
124
120100806040200-20 140-40
Generation and
Infrastructure
Trading and
Portfolio Management
Strategic Investments
Sales and Services
Other Activities
11.02.2015
42. 3rd
Quarter -18
2nd
Quarter -17
1st
Quarter -11
External sales in the financial year -6
4th
Quarter
3rd
Quarter -8
2nd
Quarter -10
1st
Quarter -1
38
92
88
4 044
878
935
1 149
1 082
2012/13
31
76
78
3 793
834
856
1 030
1 073
2013/14in Euro million % change
External sales and adjusted EBIT performance by quarter
-10
Adjusted EBIT in the financial year
4th
Quarter
-17208173
-12
Investor RelationsSlide 4211.02.2015
-5
-20
43. 11.02.2015
of which Trading and Portfolio Management –
of which Generation and Infrastructure +23
District heating in kWh million -14
of which Strategic Investments -22
of which Sales and Services -1
of which Trading and Portfolio Management -18
of which Generation and Infrastructure >+100
Electricity in kWh million -10
–
402
7 510
534
10 733
14 489
61
25 817
2012/13
–
496
6 497
418
10 678
11 950
142
23 188
2013/14 % change
Electricity and heating energy turnover in the
2013/14 financial year
Slide 43
-145 901
of which Strategic Investments
of which Sales and Services
-231 207925
5 076
Investor Relations
44. 11.02.2015
-1
Water in m3 million -1
of which Strategic Investments -23
of which Sales and Services -15
of which Trading and Portfolio Management -4
of which Generation and Infrastructure +72
Gas in kWh million -8
1 888
47.4
1 223
7 482
16 313
60
25 078
2012/13
1 865
47.1
939
6 393
15 640
103
23 075
2013/14 % change
Gas and water turnover and combustible waste delivered in
the 2013/14 financial year
Slide 44 Investor Relations
Combustible waste delivered in tonnes 000s
46. Municipal utility companies and major locations
of the MVV Energie Group
Municipal utilities
Renewable energies
Wind farms and
Biomethane plants
District heating
Biomass power plants
Waste utilisation
Plants and
industrial parks
Investor RelationsSlide 4611.02.2015
47. Entry into biomethane
business
Investor Relations
Joint district heating project
in Ingolstadt
Expansion in energy
efficiency and contracting
Expansion of district
heating in Czech Republic
Expansion in district heating
Block 9 GKM
Successful entry into
UK market
Development of wind power
portfolio
We are making good progress with implementing our growth
targets – Examples of projects implemented since MVV 2020
Slide 4711.02.2015
48. Launch of operations: successively from
December 2011
Investment: Euro 84 million
Joint venture with juwi
23 E-82 E2 type wind turbines (Enercon)
Hub height: 138 metres
Output: 53 MWe
Electricity output: 125 kWh million p.a.
(equivalent to consumption of
35,000 households)
CO2 savings: 100,000 tonnes a year
Investor Relations
Kirchberg location in Rhineland-Palatinate
Kirchberg wind farm – successful expansion of wind energy
Slide 4811.02.2015
49. Launch of operations: 2003 until 2008
Investment: Euro 53 million
7 locations in 5 federal states
Total of 40 wind turbines manufactured by
GE and Gamesa: of which
22 MW in 2.0 MW capacity class
37.5 MW in 1.5 MW capacity class
3.4 MW in 0.85 MW capacity class
Output: 63 MWe
Electricity output: 108 million kWh p.a.
(equivalent to consumption of 30,000 households)
CO2 reduction: 78,000 tonnes a year
Wind farm portfolio of Iberdrola
Acquisition of German onshore wind farm portfolio from
Iberdrola
Investor RelationsSlide 4911.02.2015
50. Launch of operations: February 2014
Investment: Euro 65 million
Joint venture with juwi
10 V112 type wind turbines (Vestas)
Hub height: 140 metres
Output: 30 MWe
Electricity output: 84 kWh million p.a.
(equivalent to consumption of 25,000
households)
CO2 reduction: 61,000 tonnes a year
Investor RelationsSlide 50
Hungerberg location in Rhineland-Palatinate
Wind farm Hungerberg – further expansion of wind energy
11.02.2015
51. Investment and financing
Investment: approx. Euro 250 million
Financing: secured with KfW IPEX-Bank,
Svenska Handelsbanken and EIB
Start of main construction work: August 2012
Launch of operations: 2015
Technical data
Thermal use of waste volume:
245,000 tonnes p.a.
Net electricity output: 22.5 MWe
Max. thermal energy output: 23.3 MWt
Broad and secure revenue base
Municipal waste contract: 25-year term,
75% bring-or-pay
Energy supply contract with a 25-year term
to supply electricity and steam to navy
base
Government support for cogeneration and
generation of renewable energy from
biogenic share of waste
Investor Relations
South West Devon Waste Partnership
Plymouth energy from waste plant project
Slide 5111.02.2015
52. Technical data
Thermal use of waste wood volume:
172,000 tonnes p.a.
Net electricity output: 23.2 MWe
Electricity generation:
approx. 188 million kWh p.a.
Optional combined heat and power
generation (CHP)
Broad and secure revenue base
More than 1 million tonnes of waste
wood in the catchment area
State support of the production of
renewable energy from biomass
Investor RelationsSlide 52
Biomass power plant Ridham Dock
Biomass power plant project in Ridham Dock (UK)
11.02.2015
Investment and financing
Investment: approx. Euro 140 million
Financing: corporate funding
Start of main construction work: April 2013
Launch of operations: 2015
53. Launch of operations: Autumn 2013
Investment: Euro 27 million
Height: 36 metres
Diameter: 40 metres
Capacity: 43,000 cubic metres
Usable heat content: 1.5 million kWh
Economic ownership and operations
management: MVV Energie
Construction and operation: GKM
Investor Relations
District heating storage facility at Grosskraftwerk Mannheim
(GKM)
Slide 53
District heating storage facility at GKM
11.02.2015
54. Biomethane plant at Klein Wanzleben location
Investor Relations
► Launch of construction work: end of May 2011
► Launch of operations: July 2012
► Investment: Euro 12.6 million
(of which MVV Energie: Euro 9.4 million)
► Output: approx. 3 MWe
► Biogas production: 63 million kWh p.a.
(equivalent to electricity consumption of 6,000 families
and heating energy need of 1,200 households)
► Gas output: 695 Nm3 per hour of biomethane
► Raw materials requirement: approx. 47,500 tonnes p.a. of maize silage, 4,000 tonnes p.a. of
sugar beet plus 10,000 tonnes p.a. of sugar beet chips for process heat production (own consumption)
► CO2 savings: 20,000 tonnes a year
► Planned operating term: at least 20 years
Launch of biomethane business at Klein Wanzleben location
Slide 5411.02.2015
55. Biomethane plant at Kroppenstedt location
Investor Relations
► Launch of construction work: December 2012
► Launch of operations: January 2014
► Investment: roughly Euro 14 million
► Output: approx. 3 MWe
► Biogas production: 63.5 million kWh p.a.
(equivalent to electricity consumption of 6,000 families and
heating energy need of 1,200 households)
► Gas output: 695 Nm3 per hour of biomethane
(in natural gas quality)
► Raw materials requirement: approx. 68,500 tonnes p.a.,
mainly cow slurry/cow dung, maize silage and sugar beet
► CO2 savings: 20,000 tonnes a year
► Planned operating term: 26 years
Biomethane plant Kroppenstedt – second step towards
building up a biomethane cluster in Saxony-Anhalt
Slide 5511.02.2015
56. ► Launch of operations: May 2011
► Investment in wood pellet plant,
including adjacent biomass
cogeneration plant:
approx. Euro 17 million
► Wood pellet production from shavings and
waste timber in 2013/14 FY: 56,000 tonnes
► Wood pellet production will be expanded to
90,000 tonnes p.a.
► Substitute fuel for up to 50,000 tonnes of
hard coal at EVO’s cogeneration plant
► CO2 savings: up to 80,000 tonnes p.a.
Wood pellet plant in Offenbach
Investor Relations
Decentralised energy supply – EVO wood pellet plant in
Offenbach
Slide 5611.02.2015
57. Investor Relations
Ingolstadt joint district heating project
Launch of operations: summer 2011
Bavaria’s largest waste heat and district
heating project
Investment: around Euro 23 million
Joint project with Petroplus refinery,
City of Ingolstadt and AUDI AG
Construction of a 5.3 km district heating
pipeline
Thermal energy output: 300 million kWh p.a.
Implementation: Successful expansion of district heating –
Ingolstadt
Slide 5711.02.2015
58. Investor Relations
Tübingen University Hospital
Assumption of operations: July 2010
Conversion of 40 year-old heat power
plant from oil and gas to wood pellet
operations
Launch of operations: March 2013
Investments: Euro 12 million
Contractual term: 20 years
Technical data
► 2 wood boilers: each 10 MW t
► Peak load boiler: 17 MWt + reserve boiler 32 MWt
► CO2 savings: 20,000 tonnes a year, or up to 98%
Enhanced energy efficiency and contracting – Tübingen
University Hospital
Slide 5811.02.2015
59. ► TERMIZO is a waste-fired heating
energy plant that meets the highest
European standards
► Purchase price: approx. Euro 21 million
► All of the heating energy produced is
supplied to Teplarna Liberec
► Single-line plant concept with modern
flue gas cleaning
TERMIZO in the Czech Republic
Investor Relations
Technical data
Thermal energy output: 38.3 MWt
Electricity generation: 4.0 MWe
Waste incineration capacity: 106,000 tonnes p.a.
TERMIZO – Heating energy from waste
Slide 5911.02.2015
60. Investor Relations
Grosskraftwerk Mannheim (GKM)
Launch of operations at Block 9: 2015
Shareholder structure in GKM: 28% MVV Energie,
40% RWE, 32% EnBW
Gross electricity generation capacity at GKM:
1,675 MWe
Gross electricity generation capacity
at new Block 9: 911 MWe
Fuel efficiency of new Block 9: up to 70%
District heating supply secure, as Blocks 3 and 4
to remain in operation until Block 9 is online
Immission protection approval to use Block 3 as
“cold reserve” in winter months
Grosskraftwerk Mannheim (GKM)
Slide 6011.02.2015
61. The Clean Dark Spread (CDS) development has a significant
impact on the MVV Energie Group
Investor RelationsSlide 6111.02.2015
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
0
2
4
6
8
10
Euro/MWh
2013 2015
CDS 16
CDS 17
CDS 18
2014 2015
Future CDS development will be
influenced by different markets and
political decisions:
German power generation
• Nuclear exit
• Renewable generation
(wind, solar)
• New conventional generation
Global coal markets/FX
Carbon price level