Interim report April 2019 INTERN Positive development for key - - PowerPoint PPT Presentation

Interim report April 2019

INTERN

Positive development for key performance indicators

Key performance indicators

• 1. interim

2019

• 1. interim

2018

Vy-Group

Sick leave ratio (last 12 months) 7,4 % 8,1 % LTI (Lost-Time Injury) 4,7 5,3

Passenger train

Number of journeys (mill. in Norway) 24,8 23,4 Delivered seat km. (mill. in Norway) 3 573 3 378 Punctuality (Norway) 88,7 % 85,6 % Cdustomer satisfaction (index 0-100) 74 71

Bus

Number of journeys (mill.) 41,3 42,0 Produced bus km.. (mill.) 57,9 59,0 Customer satisfaction express bus (index 0-100) 77 78

Freight

Number of transportet TEU (1.000) 107 112 Punvtuality 93,5 % 90,0 %

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Positiv development for financial indicators

* NIBD includes net pension liablity

Financial indicators

• 1. interim

2019

• 1. interim

2018

Alle figures in MNOK Group results Revenue 5 511 5 187 Operating profit 167 97 Profit before tax 137 29 Group cash flow Net cash flow from operations 896 974 Group balance Net interest bearing debt* 3 835 4 345 Equity Return on equity (ROE) (last 12 months) 10,9 % 12,4 % Equity ratio 28,6 % 27,7 %

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Growth and improved profit for the Vy-Group

MNOK T1 2019 T1 2018 Operating revenue 5 511 5 187 Payroll and related expenses 2 189 2 144 Depreciation and impairment 712 681 Other operating expenses 2 438 2 264 Total operating expenses 5 340 5 090 Share of profit/loss in joint ventures/associates

• 5

1 Operating profit 167 97 Net financial items

• 30
• 69

Profit before income tax 137 29 Income tax expence

• 31
• 2

Profit for the year 106 27

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Balance sheet

MNOK

• 30. Apr. 19
• 30. Apr. 18

Total non-current assets 9 303 9 989 Total current assets 7 990 7 980 Total assets 17 293 17 970 Total equity 4 948 4 982 Total long term liabilities 7 902 8 706 Total short term liabilities 4 443 4 282 Total equity and liabilities 17 293 17 970

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Vy passenger operations

• No. of journeys by train (mill. in Norway)

24,8 23,4 Produced seat km. (mill. in Norway) 3 573 3 378 Operating revenue 3 047 2 762 Operating profit 218 152 Segment assets 5 970 7 012 Investments 163 126

• No. of man years

3 065 2 745

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Vy bus

T1 2019 T1 2018

• No. of journeys by bus (mill.)

41,3 42,0 Produced bus km. (mill.) 57,9 59,1 Operating revenue 2 110 2 074 Operating profit 36 42 Segment assets 5 305 5 535 Investments 209 74

• No. of man years

5 510 5 417

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Freight

T1 2019 T1 2018

• No. of transported TEUs Norway (1 000)

107 112 Net tonnekm. (mill.) 1 015 1 099 Operating revenue 337 332 Operating profit

• 18
• 46

Segment assets 1 244 1 392 Investments 16 12

• No. of man years

410 443

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Important events

• Common brand for passenger transport
• The NSB Group launched its new name, the Vy Group, on March 12th, and from April 24th the name was used actively.
• Solid improvement in the punctuality of trains in Norway
• Passenger trains were 88.7 per cent on time during the last four months, and over 90 per cent in the last two months.
• More satisfied customers
• Customer satisfaction in the passenger trains improved to 74 points from71 for the same period last year
• More customers in the trains
• In the first four months of 2019 the number of train journeys in Norway increased by 6 per cent compared to the same period last

year.

• New contract with Ruter
• Vy won the tender in Ruter Region Vest (Asker, Slemmestad, Røyken / Hurum), with commencement in 2020.
• Aid scheme for freight traffic on rail
• The Government has proposed an aid scheme for freight transfer from road to rail, which will last up to three years.
• Founding of Vy Fjord1 Reiseliv AS
• Fjord1 has been chosen as a partner, and Vy Fjord1 Reiseliv was founded in April 2019.
• Launch of Din bybil (electric city cars
• On January 3 a completely new car sharing service, Din Bybil, with 250 electric cars was launched in Oslo

INTERN

Financial calendar

Board meeting: Report: 29.08.2019 Interim report T2 2019 14.02.2020 Annual report 2019

• The reports are published at Vy.no