CORPORATE PRESENTATION Canaccord Genuity Infrastructure Conference Alexandre L’Heureux, CFO September 10, 2015 George Washington Bridge – New York, NY
2 WE ARE… A leading global professional consulting firm, with revenues from professional services (no construction risk) A powerful global brand ranked amongst the best by ENR, with technical leadership in Transportation, Civil Infrastructure and Buildings One of the fastest growing firms in our industry The engineer behind Heathrow Terminal 2B - London, UK award-winning projects
3 A LEADING FIRM, WITH WORLD-CLASS EXPERTISE Top International Design Firms # 6 • Transportation # 2 • Buildings # 4 • Power #4 ENGINEERING AND PURE-PLAY ENGINEERING ENVIRONMENT AND PLANNING CONSTRUCTION Source: ENR Top 225 International Design Firms – August 2015
WE HAVE BUILT A DIVERSIFIED GLOBAL FIRM 4 PRO FORMA 2014 COMBINED NET REVENUES: $4.0B Canada EMEIA 20% 39% Net revenues Net revenues Americas 26% Net revenues APAC 15% Net revenues 85% from industrialized countries and 15% from emerging countries (Colombia, Middle East, Africa and Asia) Chenab Bridge - India
THE MAJORITY OF OUR REVENUES IS FROM NON 5 RESOURCE-BASED SECTORS Infrastructures (Transportation/ Municipal Infra) Buildings 41% 32% Industrial/Energy (incl. approx. 5% from oil and gas and approx. 5% from mining) Environment 20% 7% Based on pro forma 2014 combined net revenues London Bridge Station – London, UK
6 A PROVEN AND SUSTAINED PERFORMANCE NET REVENUES ADJUSTED EBITDA SOLID BALANCE SHEET (NET DEBT/EBITDA) CAGR CAGR 253.5* 2,349.9* +42% +52% 2,113.7 1,677.2 191,3 180,6 125,4 1,020.1 2,0 1,8 1,8 1,5 12 13 14 H1 15 12 13 14 H1 15 12 13 14 H1 15 *Based on reported financial results, which include only 2 months of Parsons Brinckerhoff
OUR POSITIVE OUTLOOK IS SUPPORTED BY 7 FAVORABLE LONG-TERM DRIVERS INFRASTRUCTURE INDUSTRIAL & ENERGY ENVIRONMENT PROPERTY/ BUILDINGS Urbanization Natural resources Climate change Economic growth Mobility Power demand Sustainability Population growth Aging assets Asset productivity Permitting Social infrastructure Impacts of climate Technology Social acceptability change as opportunities Commercial Industry growth Corporate governance within the water market development Shard Tower – London, UK Dallas-Forth Worth Connector – Dallas, US Medupi Power Station – Limpopo, S. Africa Canadian Malartic Mine – Malartic, Canada
LOOKING AHEAD 2015-2018 STRATEGIC PLAN
9 WE WILL CONTINUE TO STRENGTHEN OUR TECHNICAL EXPERTISE We want to focus on our core markets of expertise We want to consolidate our TRANSPORTATION BUILDINGS local presence ENR ENR #2 #4 We want to be a top-player in each of these sectors INFRASTRUCTURE ENVIRONMENT
10 YEAR TO DATE ACQUISITIONS DIVERSIFYING OUR EXPERTISE, STRENGTHENING OUR PRESENCE 400 employees 35 employees 250 employees 215 employees PROJECT MANAGEMENT TELECOM ENVIRONMENT ENVIRONMENT GEOTECHNICAL GEOTECHNICAL BUILDINGS SCIENCES BUILDINGS SCIENCES 50 employees 2,000 employees BUILDINGS (MECHANICAL) BUILDINGS INFRASTRUCTURE P3 40 employees BUILDINGS (STRUCTURE)
11 STRENGTH & AGILITY FOR OUR FUTURE OPERATIONAL EMPLOYEES CLIENTS GROWTH EXCELLENCE > 11 % $ 1.3 B EBITDA THROUGH MARGIN ACQUISITIONS 45,000 10 % EMPLOYEES of our REVENUES > 1 5 % from global clients ANNUAL ORGANIC CASH FLOW / NET INCOME GROWTH < 85 DAYS $ 6.0 B NET REVENUES DSO ALWAYS BE THE FIRST CHOICE FOR CLIENTS, PARTNERS AND EMPLOYEES
12 THANK YOU
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