Parques Reunidos Corporate Presentation March 2016

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Parques Reunidos Corporate Presentation March 2016"

Transcription

1 Parques Reunidos Corporate Presentation March 216

2 Disclaimer The information contained in this presentation (the Presentation ), including but not limited to forward-looking statements, is provided as of the date hereof and is not intended to give any assurances as to future results. No person is under any obligation to update, complete, revise or keep current the information contained in the Presentation, whether as a result of new information, future events or results or otherwise. The Presentation includes statements that are forward-looking in nature, including, among other factors, changing economic, business or other market conditions, changing regulatory conditions and the prospects for growth anticipated by Parques Reunidos management. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words believe, expect, anticipate, intends, estimate, forecast, project, will, may, should and similar expressions identify forward -looking statements. Other forward-looking statements can be identified from the context in which they are made. By their nature, forward-looking statements involve known and unknown risks, uncertainties, assumptions, estimates and other factors, which may be beyond Parques Reunidos control and which may cause actual results or performance to differ materially from those expressed or implied from such forward-looking statements, and such forward-looking statements are not intended to give any assurances as to future results. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. The information in the Presentation has not been independently verified and will not be updated. Parques Reunidos expressly disclaims any obligation or undertaking to disseminate any updates or revisions to the information, including any financial data and any forward-looking statements, contained in the Presentation, and will not publicly release any revisions that may affect the information contained in the Presentation and that may result from any change in its expectations, or any change in events, conditions or circumstances on which these forward-looking statements are based or whichever other events or circumstances arising on or after the date of the Presentation. Market data and statements regarding competitive position used in the Presentation not attributed to a specific source are estimates of Parques Reunidos and have not been independently verified. In addition, the Presentation contains certain operational information in relation to other companies operating in the leisure sector. This information has been derived from publicly-available sources and Parques Reunidos does not accept any responsibility whatsoever and makes no representation or warranty, expressed or implied, for the fairness accuracy, completeness or verification of such information. Accordingly, you should not place undue reliance on this information. Certain financial and statistical information contained in the Presentation is subject to rounding adjustments. Accordingly, any discrepancies between the totals and the sums of the amounts listed are due to rounding. Certain management financial and operating measures included in the Presentation, including number of visitors or revenues per capita, have not been subject to a financial audit or been independently verified by a third party. 2

3 We are a leading global leisure operator of regional parks Leadership One of the 3, truly global operators Reported revenues of 65.5 MM and EBITDA of MM in FY 215 #2 European Leisure Park Operator (1) #8 Leisure Park Operator Worldwide (1) Leisure park operators by # of visitors in 214 MM Visitors (2) #1 Water Park Operator Worldwide (2) Source: AECOM Global Attraction attendance report 214 Global North America Asia Europe portfolio (33 parks) (3) - 6% of revenues US portfolio (22 parks) - 4% of revenues Global platform of 55 parks in 12 countries Argentina Dubai Hawaii Theme Parks Animal Parks Water Parks Other Notes 1. Source: Inference from AECOM s 214 global attractions attendance report based on attendance 2. Source: Parques Reunidos; does not include 1.1 MM coming from FECs (Family Entertainment Centers) 3. Includes two parks in Dubai and one park in Argentina, which are managed from Europe 3

4 We have a strong track record delivering growth Strong track record delivering growth through proven initiatives Group revenue Group attendance Group total per cap MM CAGR 8.8% 1.4% 8.5 MM Visitors CAGR % % % CAGR 2.9%.9% 2.% Spain Rest of Europe US Parques Reunidos should benefit from expected benign macroeconomic conditions Spain Rest of Europe (1) US 4.x 8.8% 3.4x 8.5% 2.2% 2.3% 1.3x 1.1% 1.4% 1.6% 2.5% 2.8% E E E Real GDP annual growth (2) PQR annual revenue growth Expected GDP annual growth (2) Notes 1. GDP growth of Rest of Europe is the weighted average of the following countries: Germany, France, Italy, UK, Netherlands, Belgium, Norway and Denmark (weighted by Parques Reunidos 215 revenues in these countries) 2. Source: IMF (January 216) 4

5 We are best in class operators Our ability to benchmark is a unique management tool Continuous benchmarking across 55 parks Over 3 cost / cash flow KPIs monitored on a park level monthly IT systems in place Best practice transfer between existing and new parks Management structure and decision making process aimed to anticipate and rapidly adapt to changes in demand (i.e. weather) Our parks are consistently operated at high margins 215 Parks EBITDAR margin (1) 75% 6% 45% 3% 15% % -15% , 1, , Visitors Water Parks Theme Parks Animal Parks Our cost base is flexible and enjoys operating leverage CAGR (2) 1.% 7.5% 5.% 2.5%.% 8.% 8.5% 5.8% Revenue EBITDA Operating Free Cash Flow (3) Notes 1. Analysis excludes 5 FECs, 2 cable cars, 2 Dubai contracts and expansion projects that are shown collectively with the main park 2. Includes Revenue and EBITDA coming from expansion projects while the operating free cash flow foes not include the capex invested in expansion projects 3. Defined as EBITDA Recurrent Capex (maintenance of the parks facilities + capex for novelties) 5

6 A clear and well defined strategy 1 Continue to focus on operational excellence We should generate profitable growth via: Top line initiatives Novelties and Expansion capex projects (2% target ROIC) Strict cost control policies 2 Grow via Management contracts and MECs Management contracts: asset light opportunity Roll-out of Mall Entertainment Centers ( MECs ): Very large opportunity 3 Extract value from new acquisitions We have a track record acquiring assets at below 6x (after 2 years in our hands ) Over 3 targets identified EBITDA targeted of approximately 5 MM Further strengthens and diversifies our portfolio Always without compromising customer satisfaction and safety 6

7 Parques Reunidos has well-defined actions in place to increase paying visitors Actions 215 Group attendance is below historical peaks (1) Novelties Like-for-Like visitors (2), MM Marketing, channels and customer analytics 25 E-commerce Catchment area 15 IP 1 Package deal hotels 5 Expand the season Reduce non paying visitors Visitor gap to historical peak levels (2) (1) 215 at peak levels (2) Season passes Notes 1. For each individual park, peak level is calculated as the gap between 215 visitors and the historical peak during the period that the park has been under Parques Reunidos ownership 2. Excludes Valencia Oceanographic as Parques Reunidos declined to tender in 215 for the extension of the management agreement and therefore it is no longer part of the portfolio from 1 August 215, and Miami Seaquarium, which was acquired in July 214 7

8 ticketing percaps... Actions Group ticketing performance Like for Like ticketing revenue Yield Management Push high yield channels and increase percaps across channels MM CAGR + 1.4% % Dynamic Pricing Different online prices based on anticipation (implemented since 213) Dynamic pricing based on visitors demand (implemented since 215) % Like for Like ticketing per cap Upselling initiatives Increase visitor average ticketing percap Provide better and unique customer experience CAGR + 1.2% % Cross-selling initiatives Promote visits to other parks of the Group in a given area Benefit from having clusters of parks % Spain Rest of Europe US 8

9 and in-park revenue Actions Group In-park performance Develop branded partnerships Improve facilities Introduce new upcharge experiences Enhance throughput Introduce all-inclusive offers Offer VIP products and services Like for Like In-park Revenue MM Like for Like In-park per cap CAGR 1.2% 2.1% 3.3% CAGR 1.% 1.6% (.1)% CRM initiatives Spain Rest of Europe US 9

10 Unique track record sourcing, executing and creating value through acquisitions 18 transactions successfully completed across 1 countries since 24 c. 1 Bn invested since 24 Target average EBITDA improvement of c.5% after 2 full seasons under Parques Reunidos management Acquisition # Parks Country Year Acquired Bobbejaanland 1 Belgium 24 Bo Sommarland 1 Norway 26 Marineland 1 France 26 Mirabilandia 1 Italy 26 Warner 1 Spain 27 Aqualud 1 France 27 Grant Leisure 3 UK 27 BonBonLand 1 Denmark 27 Tusenfryd 1 Norway 28 Faunia 1 Spain 28 Palace Group (FECs) 31 US 28 Hawaii 1 US 28 Kennywood Group 5 US 28 Movie Park 1 Germany 21 Dutch Wonderland 1 US 21 Slagharen 1 Netherlands 212 Noah s Ark 1 US 212 Miami Seaquarium 1 US 214 Implied EBITDA multiple paid (1) Total x (2) Implied EBITDA multiple paid (1) post integration of 5.8x (2) Notes 1. Based on EBITDA after 2 full seasons under Parques Reunidos operation 2. Excludes Miami Seaquarium as it was acquired in July 214 and post acquisition improvements are yet to crystalize in the coming years 1

11 Our financial track record Reported (Group) Like-for-Like (Group) MM MM Revenue (1) Margin 3.9% 32.2% MM MM EBITDA (1) Operating Free Cash flow Generation (1)(2) Cash flow Conversion (3) 68% 68% MM MM 2 1 Notes 1. Includes Revenue and EBITDA coming from expansion projects while the operating free cash flow does not include the capex invested in expansion projects 2. Defined as EBITDA Recurrent Capex (maintenance of the parks facilities + capex for novelties) 3. Defined as EBITDA Recurrent Capex / EBITDA 11

12 Our long term targeted capital structure Goals Self fund growth Scope to distribute dividends Long-medium term target of x net debt / EBITDA Target subject to executing a capital increase Target excludes intra year cash swings 15 2 MM revolver to deal with intra year seasonality 12

Parques Reunidos Corporate Presentation. January 2018

Parques Reunidos Corporate Presentation. January 2018 Parques Reunidos Corporate Presentation January 2018 Disclaimer This document does not constitute or form part of any purchase, sales or exchange offer, nor is it an invitation to draw up a purchase sales

More information

Wizz Air aims to increase market share with F17 capacity growth of 20% Q3 passenger growth of 20%, Load Factor of 88% (+2.3ppt)

Wizz Air aims to increase market share with F17 capacity growth of 20% Q3 passenger growth of 20%, Load Factor of 88% (+2.3ppt) Q3 F17 FINANCIAL RESULTS 1 FEBRUARY 2017 BUSINESS HIGHLIGHTS Current market conditions favour ULCCs Wizz Air aims to increase market share with F17 capacity growth of 20% Q3 passenger growth of 20%, Load

More information

PAN PACIFIC HOTELS GROUP LIMITED 2010 FULL YEAR RESULTS BRIEFING 22 FEB 2011

PAN PACIFIC HOTELS GROUP LIMITED 2010 FULL YEAR RESULTS BRIEFING 22 FEB 2011 PAN PACIFIC HOTELS GROUP LIMITED 2010 FULL YEAR RESULTS BRIEFING 22 FEB 2011 2010 RESULTS OVERVIEW STRATEGIC & OPERATIONS HIGHLIGHTS NEO SOON HUP CHIEF FINANCIAL OFFICER 2 CONTENTS Focus and Highlights

More information

Forward-Looking Statements Statements in this presentation that are not historical facts are "forward-looking" statements and "safe harbor

Forward-Looking Statements Statements in this presentation that are not historical facts are forward-looking statements and safe harbor 2017 Annual Meeting of Shareholders Presentation May 2017 Forward-Looking Statements Statements in this presentation that are not historical facts are "forward-looking" statements and "safe harbor statements"

More information

Amadeus Jan-Jun 2017 Results. July 28, 2017

Amadeus Jan-Jun 2017 Results. July 28, 2017 Amadeus Jan-Jun 2017 Results July 28, 2017 Disclaimer This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue

More information

UBS 14 th Global Emerging Markets Conference. New York, November 2016

UBS 14 th Global Emerging Markets Conference. New York, November 2016 UBS 14 th Global Emerging Markets Conference New York, November 2016 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating

More information

GAMING INVESTMENT FORUM AT G2E. September 26, 2016

GAMING INVESTMENT FORUM AT G2E. September 26, 2016 GAMING INVESTMENT FORUM AT G2E September 26, 2016 Dan D Arrigo EVP & Chief Financial Officer MGM Resorts International MGM RESORTS INTERNATIONAL Strong Domestic Operating Results Las Vegas Trends Maximizing

More information

Meeting the Management 2017 Structurally improving the financial profile. Michael Pontzen, CFO

Meeting the Management 2017 Structurally improving the financial profile. Michael Pontzen, CFO Meeting the Management 2017 Structurally improving the financial profile Michael Pontzen, CFO Safe harbor statement The information included in this presentation is being provided for informational purposes

More information

Half Year F1 Results. November 4, 2015

Half Year F1 Results. November 4, 2015 Half Year F1 Results November 4, 2015 F17 Q1 Results 20 JULY 2016 Q1 BUSINESS HIGHLIGHTS Passenger growth of 18% to 5.8m pax on 17% seat growth Record underlying profit of 38.6m (+14%) despite Easter effect

More information

UBS Latin American New Opportunities Conference. June 11 th -12 th, 2007

UBS Latin American New Opportunities Conference. June 11 th -12 th, 2007 UBS Latin American New Opportunities Conference June 11 th -12 th, 2007 Company Overview OMA operates a diversified portfolio of 13 airports distributed throughout Northern and Central Mexico and is diversified

More information

ABX HOLDINGS, INC. Shareholders Meeting. May 13, 2008

ABX HOLDINGS, INC. Shareholders Meeting. May 13, 2008 Shareholders Meeting May 13, 2008 1 1 1 Safe Harbor Statement Except for historical information contained herein, the matters discussed in this presentation contain forward-looking statements that involve

More information

Forward-looking Statements

Forward-looking Statements March 23, 2011 Forward-looking Statements This presentation contains certain forward-looking statements with respect to the Corporation. These forward-looking statements, by their nature, necessarily involve

More information

RECORD PROFIT NPAT UP 146% NPAT (CONTINUING OPERATIONS) UP 58%

RECORD PROFIT NPAT UP 146% NPAT (CONTINUING OPERATIONS) UP 58% RECORD PROFIT NPAT UP 146% NPAT (CONTINUING OPERATIONS) UP 58% Webjet Limited today announced results for the full year to 30 June 2017. Adopting our auditor s accounting treatment for the Thomas Cook

More information

1H2017 Financial Results. 4 August 2017

1H2017 Financial Results. 4 August 2017 1H2017 Financial Results 4 August 2017 COMPANY OVERVIEW 1H2017 RESULTS OVERVIEW OPERATION HIGHLIGHTS 2 Founded in 1963, listed on the Singapore Exchange in 1964 Three core businesses: - Property development

More information

March 4, Investor Conference

March 4, Investor Conference March 4, 2014 Investor Conference Disclaimer This Investor Presentation is provided for your general information and convenience only, is current only as of its date and does not constitute an offer to

More information

9M 17 Results. Oct 19th, M 17 Results.

9M 17 Results. Oct 19th, M 17 Results. Oct 19th, 2017 www.atresmediacorporacion.com 1 9M 17 Highlights According to internal estimates, Total Ad market was slightly negative in 9M17 (-0.7%) with TV down by 0.4% and Radio up by 2.3% approximately

More information

Santander 22 nd Annual Latin American Conference. Cancun, January 2018

Santander 22 nd Annual Latin American Conference. Cancun, January 2018 Santander 22 nd Annual Latin American Conference Cancun, January 2018 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating

More information

The success story continues

The success story continues 1 The success story continues LANXESS Media Day 2017 Matthias Zachert Michael Pontzen Cologne, September 5, 2017 Safe harbor statement The information included in this presentation is being provided for

More information

FY 13 Results. February 26, FY 13 Results.

FY 13 Results. February 26, FY 13 Results. February 26, 2014 www.atresmediacorporacion.com 1 FY 13 Highlights According to external sources, Total Ad market declined by -8.0% in 2013 (TV and Radio down by -6.2% and -11.0% yoy respectively) Atresmedia

More information

Deutsche Bank 16 th Annual Global Emerging Markets. New York, September 2017

Deutsche Bank 16 th Annual Global Emerging Markets. New York, September 2017 Deutsche Bank 16 th Annual Global Emerging Markets New York, September 2017 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and

More information

TUI GROUP INVESTOR PRESENTATION

TUI GROUP INVESTOR PRESENTATION TUI GROUP INVESTOR PRESENTATION German Investment Conference UniCredit / Kepler Munich, 26-27 September 2012 Future-related statements This presentation contains a number of statements related to the future

More information

BAML 2017 Japan Conference The Opportunity For Integrated Resorts In Japan

BAML 2017 Japan Conference The Opportunity For Integrated Resorts In Japan BAML 2017 Japan Conference The Opportunity For Integrated Resorts In Japan September 7, 2017 Jim Murren Chairman and CEO MGM Resorts International AGENDA 1. MGM Resorts Who We Are 2. The Japan Opportunity

More information

CREDIT SUISSE GLOBAL INDUSTRIALS CONFERENCE DECEMBER 4, 2014

CREDIT SUISSE GLOBAL INDUSTRIALS CONFERENCE DECEMBER 4, 2014 CREDIT SUISSE GLOBAL INDUSTRIALS CONFERENCE DECEMBER 4, 2014 1 1 SAFE HARBOR This presentation contains statements of a forward-looking nature which represent our management's beliefs and assumptions concerning

More information

2018 Amadeus IT Holding and its affiliates and subsidiaries. Amadeus 2017 Results. Feb 28, 2018

2018 Amadeus IT Holding and its affiliates and subsidiaries. Amadeus 2017 Results. Feb 28, 2018 Amadeus 2017 Results Feb 28, 2018 Disclaimer _ This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue

More information

KERRIE MATHER MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER. Macquarie Conference 4 MAY 2016

KERRIE MATHER MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER. Macquarie Conference 4 MAY 2016 KERRIE MATHER MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER Macquarie Conference 4 MAY 2016 Disclaimer General securities warning This presentation has been prepared by Sydney Airport Limited (ACN 165

More information

Investor Presentation

Investor Presentation TUI Group Investor Presentation WestLB Deutschland Conference 2010 17 November 2010 TUI AG Investor Relations Seite 1 Future-related related statements This presentation contains a number of statements

More information

Forward looking statements

Forward looking statements 1 Forward looking statements This presentation contains forward-looking statements. Forward-looking statements often include words such as anticipate", "expect", "intend", "plan", "believe, continue or

More information

News Release. LANXESS: 2013 to remain challenging

News Release. LANXESS: 2013 to remain challenging LANXESS: 2013 to remain challenging Q2 sales EUR 2.1 billion, down 12 percent Q2 EBITDA pre exceptionals EUR 198 million, down 45 percent Q2 net income EUR 9 million, down 95 percent Outlook for 2013:

More information

HK GAAP RESULTS RELEASE 25 February 2008 STAR CRUISES GROUP ANNOUNCES FOURTH QUARTER AND FULL YEAR RESULTS FOR 2007

HK GAAP RESULTS RELEASE 25 February 2008 STAR CRUISES GROUP ANNOUNCES FOURTH QUARTER AND FULL YEAR RESULTS FOR 2007 HK GAAP RESULTS RELEASE 25 February 2008 FOR IMMEDIATE RELEASE INTERNATIONAL STAR CRUISES GROUP ANNOUNCES FOURTH QUARTER AND FULL YEAR RESULTS FOR 2007 Key points for the quarter in comparison with 4Q

More information

For personal use only

For personal use only ASX and Media Release QANTAS DELIVERS RECORD FIRST HALF PROFIT, INVESTS IN AIRCRAFT AND TRAINING Sydney, 22 February 2018 Underlying Profit Before Tax: $976 million (up 15%) Record results for Qantas Domestic,

More information

Quarterly Meeting# 1/2018

Quarterly Meeting# 1/2018 Quarterly Meeting# 1/2018 4Q17 & FY17 Performance & Outlook 2 March 2018 1 2016 ERAWAN. All rights reserved. The views expressed here contain some information derived from publicly available sources that

More information

Crown Resorts Limited

Crown Resorts Limited Crown Resorts Limited 2016 Half Year Results Presentation 25 February 2016 1 Crown Resorts Limited Results Overview Crown Resorts Limited (Crown) performance: The 2016 First Half results across Crown s

More information

Analyst and Investor Conference Call Q Frankfurt, 25 October 2017

Analyst and Investor Conference Call Q Frankfurt, 25 October 2017 Analyst and Investor Conference Call Q3 2017 Frankfurt, 25 October 2017 Disclaimer The information herein is based on publicly available information. It has been prepared by the Company solely for use

More information

Mark Shapiro Chief Executive Officer

Mark Shapiro Chief Executive Officer Mark Shapiro Chief Executive Officer Forward Looking Statements The information contained in this presentation, other than historical information, consists of forward-looking statements within the meaning

More information

Air China Limited. Cathay Pacific Airways Limited

Air China Limited. Cathay Pacific Airways Limited The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever

More information

MARKET FORECAST BOMBARDIER COMMERCIAL AIRCRAFT COMMERCIALAIRCRAFT.BOMBARDIER.COM BOMBARDIER COMMERCIAL AIRCRAFT MARKET FORECAST

MARKET FORECAST BOMBARDIER COMMERCIAL AIRCRAFT COMMERCIALAIRCRAFT.BOMBARDIER.COM BOMBARDIER COMMERCIAL AIRCRAFT MARKET FORECAST MARKET FORECAST 2015-2034 BOMBARDIER COMMERCIAL AIRCRAFT COMMERCIALAIRCRAFT.BOMBARDIER.COM BOMBARDIER COMMERCIAL AIRCRAFT MARKET FORECAST 2015-2034 FORWARD-LOOKING STATEMENTS This presentation includes

More information

Jumpstart 2017 Lukas Johnson SVP, Commercial. June 2017

Jumpstart 2017 Lukas Johnson SVP, Commercial. June 2017 Jumpstart 2017 Lukas Johnson SVP, Commercial June 2017 Forward looking statements This presentation as well as oral statements made by officers or directors of Allegiant Travel Company, its advisors and

More information

An Overview of SATS. Cho Wee Peng, CFO SIAS Corporate Profile & Investment Seminar 30 November 2013

An Overview of SATS. Cho Wee Peng, CFO SIAS Corporate Profile & Investment Seminar 30 November 2013 An Overview of SATS Cho Wee Peng, CFO SIAS Corporate Profile & Investment Seminar 30 November 2013 Forward Looking Statements This presentation may contain forward-looking statements regarding, among other

More information

Citi Industrials Conference

Citi Industrials Conference Citi Industrials Conference June 13, 2017 Andrew Levy Executive Vice President and Chief Financial Officer Safe Harbor Statement Certain statements included in this presentation are forward-looking and

More information

For personal use only I SYNERGY GROUP LIMITED H12017 INVESTOR UPDATE

For personal use only I SYNERGY GROUP LIMITED H12017 INVESTOR UPDATE I SYNERGY GROUP LIMITED H12017 INVESTOR UPDATE DISCLAIMER This presentation and the following discussion may contain forward looking statements by I Synergy Group Limited (isynergy) related to financial

More information

FY18 Q1 Results 13 FEBRUARY Cavtat, Croatia

FY18 Q1 Results 13 FEBRUARY Cavtat, Croatia FY18 Q1 Results 13 FEBRUARY 2018 Cavtat, Croatia FORWARD-LOOKING STATEMENTS This presentation contains a number of statements related to the future development of TUI. These statements are based both on

More information

Helloworld Travel Limited results announcement Half year ended 31 December 2017

Helloworld Travel Limited results announcement Half year ended 31 December 2017 Helloworld Travel Limited results announcement Half year ended 31 December 2017 HIGHLIGHTS FOR THE HALF YEAR ENDED 31 DECEMBER 2017 Total Transaction Value (TTV) growth of 2.7% to $2.968 billion. Earnings

More information

NORWAY SWEDEN FINLAND RUSSIA DENMARK NETHERLANDS GERMANY POLAND BELGIUM CZECH REPUBLIC AUSTRIA HUNGARY SWITZERLAND CHINA MEDITERRANEAN SEA

NORWAY SWEDEN FINLAND RUSSIA DENMARK NETHERLANDS GERMANY POLAND BELGIUM CZECH REPUBLIC AUSTRIA HUNGARY SWITZERLAND CHINA MEDITERRANEAN SEA THE GROUP AT A GLANCE N O RTH SEA IRELAND GROUP TOUR OPER ATOR UNITED KINGDOM Revenue* Gross margin %** Underlying EBIT** Underlying EBIT %** 11M >7;+& 57*** 2017 2016 7,122m 15.4% 250m 3.5% 6,646m 16.9%

More information

Manganese Industry Outlook and Opportunities. Elsabe Muller General Manager, Manganese Marketing May 2014

Manganese Industry Outlook and Opportunities. Elsabe Muller General Manager, Manganese Marketing May 2014 Manganese Industry Outlook and Opportunities Elsabe Muller General Manager, Manganese Marketing May 2014 Disclaimer Forward-looking statements This release contains forward looking statements, including

More information

Preliminary Figures FY 2016

Preliminary Figures FY 2016 February 14, 2017 Preliminary Figures FY 2016 Capital Markets Day 2017 Tom Blades (CEO) Disclaimer This presentation has been produced for support of oral information purposes only and contains forwardlooking

More information

AerCap Holdings N.V. Aengus Kelly, CEO. January 2017

AerCap Holdings N.V. Aengus Kelly, CEO. January 2017 AerCap Holdings N.V. Aengus Kelly, CEO January 2017 Industry Update Looking Back PASSENGER TRAFFIC GROWTH Air traffic growth in 2016 remained robust, short-haul at 5.6% and long-haul at 6.4% 1 CHINA SLOWING

More information

Exane BNP Paribas European Seminar

Exane BNP Paribas European Seminar Escondida, Chile Positioned for Growth Exane BNP Paribas European Seminar Andrew Mackenzie Chief Executive Non-Ferrous 8 June 2011 Disclaimer Reliance on Third Party Information The views expressed herein

More information

Lippo Malls Indonesia Retail Trust 4Q 2016 Results Presentation

Lippo Malls Indonesia Retail Trust 4Q 2016 Results Presentation Lippo Malls Indonesia Retail Trust 4Q 2016 Results Presentation 15 February 2017 Disclaimer Certain statements in this presentation concerning our future growth prospects are forward-looking statements,

More information

Air Canada Reports 2016 Annual Results

Air Canada Reports 2016 Annual Results Air Canada Reports 2016 Annual Results Record annual EBITDAR (1) (excluding special items) of $2.768 billion Annual operating income of $1.345 billion Net income of $876 million and Adjusted net income

More information

Ground Rules. FTSE EPRA/NAREIT Dividend+ Index Series v1.7

Ground Rules. FTSE EPRA/NAREIT Dividend+ Index Series v1.7 Ground Rules FTSE EPRA/NAREIT Dividend+ Index Series v1.7 ftserussell.com December 2016 Contents 1.0 Introduction... 3 2.0 Management Responsibilities... 5 3.0 Annual Review of Constituent Companies...

More information

Net Debt, $m 1, ,733.7

Net Debt, $m 1, ,733.7 Virgin Australia Holdings Limited (ASX: VAH) FY17 Results: Stronger Cash and Balance Sheet, Statutory and Underlying Loss, Outlook Improving 1 Summary of FY17 Financial Outcomes Group Underlying Loss Before

More information

HATTEN LAND LIMITED. Shaping the Future, Melaka and Beyond. FY2017 Results. Corporate Presentation 17 August 2017

HATTEN LAND LIMITED. Shaping the Future, Melaka and Beyond. FY2017 Results. Corporate Presentation 17 August 2017 HATTEN LAND LIMITED Shaping the Future, Melaka and Beyond FY2017 Results Corporate Presentation 17 August 2017 Disclaimer Information in this presentation may contain forward-looking statements that reflect

More information

AIRBUS. Member States Shareholder Meeting. Toulouse 4 October 2017

AIRBUS. Member States Shareholder Meeting. Toulouse 4 October 2017 AIRBUS Member States Shareholder Meeting Toulouse 4 October 2017 SAFE HARBOUR STATEMENT 2 DISCLAIMER This presentation includes forward-looking statements. Words such as anticipates, believes, estimates,

More information

TUI Travel PLC. Investor Day 27 January Blue Village, Hurghada, Egypt. TUI Travel PLC Investor Day January 2011 Page 1

TUI Travel PLC. Investor Day 27 January Blue Village, Hurghada, Egypt. TUI Travel PLC Investor Day January 2011 Page 1 TUI Travel PLC Investor Day 27 January 2011 TUI Travel PLC Investor Day January 2011 Page 1 Blue Village, Hurghada, Egypt Agenda Journey So Far & Strategic Overview Mainstream Strategy Differentiated Product

More information

Second quarter 2013 Results Presentation. August, 2013

Second quarter 2013 Results Presentation. August, 2013 Second quarter 2013 Results Presentation August, 2013 This presentation may include forward-looking comments regarding the Company s business outlook and anticipated financial and operating results. These

More information

HY 2016 Results February 2016

HY 2016 Results February 2016 HY 2016 Results February 2016 Disclaimer This presentation contains a summary of information of Decmil Group Limited and is dated February 2016. The information in this presentation does not purport to

More information

J.P. Morgan Aviation, Transportation and Industrials Conference

J.P. Morgan Aviation, Transportation and Industrials Conference J.P. Morgan Aviation, Transportation and Industrials Conference March 3, 08 Scott Kirby President Safe Harbor Statement Certain statements included in this presentation are forward-looking and thus reflect

More information

THE AIRBUS PURCHASE AGREEMENT

THE AIRBUS PURCHASE AGREEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

FIRST QUARTER 2017 RESULTS. 4 May 2017

FIRST QUARTER 2017 RESULTS. 4 May 2017 FIRST QUARTER 2017 RESULTS 4 May 2017 A resilient start of the year, traffic up 4.2% 20.9 million passengers carried, up 5.2%, traffic (RPK) up 4.2%, capacity (ASK) up 3.3% and load factor up 0.7pts Confirmation

More information

AIRBUS FY 2017 ROADSHOW PRESENTATION

AIRBUS FY 2017 ROADSHOW PRESENTATION AIRBUS FY 2017 ROADSHOW PRESENTATION February 2018 SAFE HARBOUR STATEMENT 2 DISCLAIMER This presentation includes forward-looking statements. Words such as anticipates, believes, estimates, expects, intends,

More information

FY17 Full Year Results Management Call, 13 December Robinson Club Noonu, Maldives

FY17 Full Year Results Management Call, 13 December Robinson Club Noonu, Maldives Full Year Results Management Call, 3 December 207 Robinson Club Noonu, Maldives TUI Group TUI continues its strong performance track record in Third consecutive year of strong top line and earnings growth

More information

HATTEN LAND LIMITED. Shaping the Future, Melaka and Beyond. Corporate Presentation 12 October 2017

HATTEN LAND LIMITED. Shaping the Future, Melaka and Beyond. Corporate Presentation 12 October 2017 HATTEN LAND LIMITED Shaping the Future, Melaka and Beyond Corporate Presentation 12 October 2017 Disclaimer Information in this presentation may contain forward-looking statements that reflect the current

More information

Air Arabia. Investor Presentation. 1 st Quarter 2015

Air Arabia. Investor Presentation. 1 st Quarter 2015 Air Arabia Investor Presentation 1 st Quarter 2015 Disclaimer Information contained in this presentation is subject to change without notice, its accuracy is not guaranteed and it may not contain all material

More information

MARRIOTT INTERNATIONAL 2017 SECURITY ANALYST MEETING. March 21, 2017

MARRIOTT INTERNATIONAL 2017 SECURITY ANALYST MEETING. March 21, 2017 MARRIOTT INTERNATIONAL 2017 SECURITY ANALYST MEETING March 21, 2017 FORWARD LOOKING STATEMENTS, NON GAAP FINANCIAL MEASURES, AND INFORMATION FOR 2016 AND 2015 This material contains forward looking statements

More information

Bear Stearns 16 th Annual Global Credit Conference. May 16, 2007

Bear Stearns 16 th Annual Global Credit Conference. May 16, 2007 Bear Stearns 16 th Annual Global Credit Conference May 16, 2007 1 Forward Looking Statements The information contained in this presentation, other than historical information, consists of forward-looking

More information

MGM Resorts International Reports Strong First Quarter Financial And Operating Results

MGM Resorts International Reports Strong First Quarter Financial And Operating Results NEWS RELEASE MGM Resorts International Reports Strong First Quarter Financial And Operating Results 5/5/2016 Increases Wholly Owned Domestic Resorts Net Revenue and Adjusted Property EBITDA by 3% and 24%

More information

Press release. Amadeus maintains strong financial growth in the first quarter of the year

Press release. Amadeus maintains strong financial growth in the first quarter of the year Press release Amadeus maintains strong financial growth in the first quarter of the year May 5, 2017 Amadeus performance was strong in the first three months of the year. This was supported by the timing

More information

Ferrovial increases net profit by 12%, to 287 million euro

Ferrovial increases net profit by 12%, to 287 million euro All-time record backlog: 23.695 billion euro Ferrovial increases net profit by 12%, to 287 million euro Revenues expanded by 2.8% to 3.758 billion euro, supported by solid performance in the international

More information

MGM Resorts International Reports First Quarter Financial And Operating Results

MGM Resorts International Reports First Quarter Financial And Operating Results NEWS RELEASE MGM Resorts International Reports First Quarter Financial And Operating Results 4/27/2017 LAS VEGAS, April 27, 2017 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or

More information

DXB Entertainments PJSC First Half 2017 Financial Results

DXB Entertainments PJSC First Half 2017 Financial Results PRESS RELEASE 9 August 2017 DXB Entertainments PJSC First Half 2017 Financial Results DXB Entertainments unveils new business strategy to strengthen its position as the region s largest operator of leisure

More information

The purchase price of approximately $52.5 million (excluding transaction costs) will be funded via available cash and existing debt facilities.

The purchase price of approximately $52.5 million (excluding transaction costs) will be funded via available cash and existing debt facilities. 7 August 2017 P +61 (0)7 5631 2500 F +61 (0)7 5631 2995 Level 15, 50 Cavill Avenue Surfers Paradise QLD 4217 PO Box 8016 Gold Coast MC QLD 9726 www.mantragroup.com.au Mantra Group Limited ACN 137 639 395

More information

AEROFLOT ANNOUNCES FY 2017 IFRS FINANCIAL RESULTS

AEROFLOT ANNOUNCES FY 2017 IFRS FINANCIAL RESULTS AEROFLOT ANNOUNCES FY 2017 IFRS FINANCIAL RESULTS Moscow, 1 March 2018 Aeroflot Group ( the Group, Moscow Exchange ticker: AFLT) today publishes its audited financial statements in accordance with International

More information

Dalata Hotel Group Strategy Update. Dermot Crowley, Deputy CEO, Business Dev & Finance

Dalata Hotel Group Strategy Update. Dermot Crowley, Deputy CEO, Business Dev & Finance Dalata Hotel Group Strategy Update Dermot Crowley, Deputy CEO, Business Dev & Finance The Value Proposition in March 2014 POSITIVE OUTLOOK FOR DEMAND Positive outlook for increased number of international

More information

High growth markets Asia: a new chapter

High growth markets Asia: a new chapter Ambition AXA Investor Day June 1, 2011 High growth markets Asia: a new chapter Mike Bishop CEO, AXA Asia Cautionary note concerning forward-looking statements Certain statements contained herein are forward-looking

More information

Amadeus delivers solid financial results in the first half of 2017

Amadeus delivers solid financial results in the first half of 2017 Press release Amadeus delivers solid financial results in the first half of 2017 July 28, 2017 Amadeus financial performance was positive in the first six months of the year. This was supported by strong

More information

STAR Conference 2010, Milan. 18th March, 2010

STAR Conference 2010, Milan. 18th March, 2010 STAR Conference 2010, Milan 18th March, 2010 Acotel Group at a glance Technological Know How One of the leading players in the Information Society Growth based on technological competences and business

More information

Air Canada Reports Record Full Year 2013 Results

Air Canada Reports Record Full Year 2013 Results Air Canada Reports Record Full Year 2013 Results Adjusted net income of $340 million, an increase of $285 million from 2012 Annual EBITDAR of $1.433 billion (excluding the impact of benefit plan amendments),

More information

Air Arabia. Investor Presentation. Sharjah, UAE: September 2013

Air Arabia. Investor Presentation. Sharjah, UAE: September 2013 Air Arabia Investor Presentation Sharjah, UAE: September 2013 Disclaimer Information contained in this presentation is subject to change without notice, its accuracy is not guaranteed and it may not contain

More information

Investor & analyst day. London, 28 September 2011

Investor & analyst day. London, 28 September 2011 Investor & analyst day London, 28 September 2011 2 years ago Andrew Macfarlane Fundamentally attractive airline But Assets Robust balance sheet Modern Airbus fleet; 50% owned Valuable route network & strategic

More information

JAPAN AIRLINES Co., Ltd. Financial Results 3 rd Quarter Mar/2018(FY2017) January 31, 2018

JAPAN AIRLINES Co., Ltd. Financial Results 3 rd Quarter Mar/2018(FY2017) January 31, 2018 JAPAN AIRLINES Co., Ltd. Financial Results 3 rd Quarter Mar/2018(FY2017) January 31, 2018 Today s Topics P.1 P.2 P.3 P.12 JAL Corporate Website the CONTRAIL Project Overview of Financial Results for 3

More information

Acquisition of the Destination Management business from Hotelbeds March 2018

Acquisition of the Destination Management business from Hotelbeds March 2018 Acquisition of the Destination Management business from Hotelbeds March 2018 Transaction Summary ACQUISITION GROWTH ACCELERATION Acquisition of Destination Management business from Hotelbeds Group Enterprise

More information

Forward-Looking Statements Statements in this presentation that are not historical facts are "forward-looking" statements and "safe harbor

Forward-Looking Statements Statements in this presentation that are not historical facts are forward-looking statements and safe harbor Investor Presentation November 2017 Forward-Looking Statements Statements in this presentation that are not historical facts are "forward-looking" statements and "safe harbor statements" within the meaning

More information

Great Portland Estates Trading Update Strong Operational Performance

Great Portland Estates Trading Update Strong Operational Performance Press Release 6 July 2017 Great Portland Estates Trading Update Strong Operational Performance Great Portland Estates plc ( GPE ) today publishes its trading update for the quarter to 30 June 2017. Continued

More information

Ryanair. Overweight. Overweight. High Growth, Low Cost Champion

Ryanair. Overweight. Overweight. High Growth, Low Cost Champion Overweight RYA.I,RYA ID Price: 12.76 Price Target: 16.25 Previous: 13.50 Ireland Airlines Christopher G Combe AC J.P. Morgan Securities PLC Price Performance 12 10 8 6 Jul-14 Oct-14 Jan-15 Apr-15 Jul-15

More information

THIRD QUARTER 2017 RESULTS 3 rd of November 2017

THIRD QUARTER 2017 RESULTS 3 rd of November 2017 THIRD QUARTER 2017 RESULTS 3 rd of November 2017 2017 THIRD QUARTER 2017: STRONG OPERATING RESULT DRIVEN BY SOLID TRAFFIC AND INCREASE IN UNIT REVENUE Robust Group traffic statistics +5.1% +4.1% Strong

More information

American Airlines Group Inc.

American Airlines Group Inc. American Airlines Group Inc. Deutsche Bank Leveraged Finance Conference October 4, 2017 Tom Weir Vice President, Treasurer Cautionary Statement Regarding Forward-Looking Statements and Information This

More information

Australian Site Tour Mt Keith Operation. Jaco Harwig General Manager

Australian Site Tour Mt Keith Operation. Jaco Harwig General Manager Australian Site Tour Mt Keith Operation Jaco Harwig General Manager 28 October 2008 Important notices Reliance on third party information The views expressed here contain information that have been derived

More information

FY18 Q1 Results Media Call 13 FEBRUARY Cavtat, Croatia

FY18 Q1 Results Media Call 13 FEBRUARY Cavtat, Croatia Results Media Call 13 FEBRUARY 2018 Cavtat, Croatia Our business model Holiday experiences contribute 59% to our earnings SALES & MARKETING 41% EBITA 20m customers Northern Central Western ROIC FY17: 85%

More information

The economic impact of ATC strikes in Europe Key findings from our updated report for A4E

The economic impact of ATC strikes in Europe Key findings from our updated report for A4E pwc.com The economic impact of ATC strikes in Europe Key findings from our updated report for A4E Prepared for A4E Updates to our analysis since June 2016 Since releasing our Preliminary Findings in June

More information

AIR CANADA REPORTS 2010 FIRST QUARTER RESULTS Operating loss narrows; revenue and traffic growth reflect strengthening economy

AIR CANADA REPORTS 2010 FIRST QUARTER RESULTS Operating loss narrows; revenue and traffic growth reflect strengthening economy AIR CANADA REPORTS 2010 FIRST QUARTER RESULTS Operating loss narrows; revenue and traffic growth reflect strengthening economy MONTR√ČAL, May 6, 2010 Air Canada today reported a reduced operating loss of

More information

Forward looking statements

Forward looking statements Forward looking statements This presentation contains forward-looking statements. Forward-looking statements often include words such as anticipate", "expect", "intend", "plan", "believe, continue or similar

More information

Third Quarter Management s Discussion and Analysis of Results of Operations and Financial Condition

Third Quarter Management s Discussion and Analysis of Results of Operations and Financial Condition Third Quarter 2017 Management s Discussion and Analysis of Results of Operations and Financial Condition October 25, 2017 TABLE OF CONTENTS 1. Highlights... 3 2. Introduction and Key Assumptions... 5 3.

More information

12 August The Manager Company Announcements Office ASX Limited Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000.

12 August The Manager Company Announcements Office ASX Limited Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000. 12 August 2011 The Manager Company Announcements Office ASX Limited Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000 Westfield Group Level 24, Westfield Towers 100 William Street Sydney NSW 2011

More information

AIRBUS H Roadshow Presentation. New York July 31 st, 2017

AIRBUS H Roadshow Presentation. New York July 31 st, 2017 AIRBUS H1 2017 Roadshow Presentation New York July 31 st, 2017 H1 2017 HIGHLIGHTS 2 Healthy commercial aircraft environment; robust backlog of 6,771 a/c supports ramp-up plans H1 financials reflect delivery

More information

2016 Quebec Conference

2016 Quebec Conference with 2016 Quebec Conference Michael Rousseau Executive Vice President & Chief Financial Officer Kathleen Murphy Director, Investor Relations & Corporate Reporting Montreal June 2, 2016 CAUTION REGARDING

More information

Page 1. John Guscic Managing Director, Webjet Limited

Page 1. John Guscic Managing Director, Webjet Limited Page 1 John Guscic Managing Director, Webjet Limited spanning both consumer markets (through B2C) and global wholesale markets (through B2B) B2C TRAVEL Leading online consumer travel brands B2B TRAVEL

More information

WEBJETAGM Managing Director Update

WEBJETAGM Managing Director Update WEBJETAGM Managing Director Update 22 November 2017 Page 1 DIGITAL TRAVEL BUSINESS spanning both consumer markets (through B2C) and global wholesale markets (through B2B) WHO IS WEBJET? B2C TRAVEL Leading

More information

Deutsche Bank 2011 Leveraged Finance Conference Sarah Rogers - Investor Relations

Deutsche Bank 2011 Leveraged Finance Conference Sarah Rogers - Investor Relations Deutsche Bank 2011 Leveraged Finance Conference Sarah Rogers - Investor Relations Las Vegas Indicators Improving (YTD through August 2011) Visitation +5% Average Daily Auto Traffic Flat McCarran Airport

More information

Finnair Group Annual Report 1 January 31 December 2006

Finnair Group Annual Report 1 January 31 December 2006 Finnair Group Annual Report 1 January 31 December 2006 2006: A year for restructuring Scheduled Passenger Traffic transforming to meet Asian traffic demands Labour negotiations to cut 670 jobs 80 million

More information

ALAFCO Aviation Lease And Finance Co. KSCC

ALAFCO Aviation Lease And Finance Co. KSCC Information MEMORANDUM ALAFCO Aviation Lease And Finance Co. KSCC Mr. Ahmad A. Alzabin Vice Chairman and Chief Executive Officer The 6th Forum for Listed Companies and Analysts Kuwait 20 May 2014 Core

More information