Virtual Annual General Meeting 17 July 2020 Corona: well prepared - - PowerPoint PPT Presentation
EnBW Virtual Annual General Meeting 17 July 2020 Corona: well prepared for the crisis early on Protecting health as the number one priority Secure supply of electricity, gas, water and heating at all times Investment in IT and
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Protecting health as the number one priority Secure supply of electricity, gas, water and heating at all times Investment in IT and digital infrastructure has paid off Social responsibility beyond the area of energy supply
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Financial target already achieved in 2019
€0.8
billion
€1.0
billion
€0.2
billion
€0.4
billion
€0.3
billion
€1.2
billion
€0.2
billion
€0.7
billion
Figure in 2012 Target for 2020
Generation and Trading Renewable Energies Grids Sales
€2.4 billion
€2.4 billion
Adjusted EBITDA
250% 25% +100% 4
Measures have had an impact
Adjusted EBITDA
in € million
2018 2019 2018 2019
Adjusted Group net profit*
in € million
2018 2019 2.158 2.433
+12.7%
438 787
Revenue
in € million
20.815 18.765
+79.5%
*Profit/loss shares attributable to the shareholders of EnBW AG
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Increased number of customer contracts for EnBW, Yello and NE+ brands E-mobility: market leader for quick charging in Germany Highest growth rate for private PV/storage solutions Rapidly expanding broadband business significantly strengthened
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Grid stability and security of supply ensured Interruptions to supply reduced by a further 12 percent Netze BW participation model for local authorities launched Preparations for Ultranet and SuedLink are on track
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Hohe See/Albatros
Successful entry onto the French and Swedish markets Four solar parks built, well stocked project pipeline First solar park without state funding under construction
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Coal exit: ammendments to the brown coal contract required Inauguration of the converted gas power plant in Stuttgart-Gaisburg Gas: Number one in Germany in the profitable biomethane business Philippsburg nuclear power plant shut down on schedule
2019 2018 1.786 3.315
Gross investment
12% 4% 47% 37% Generation and Trading Sales Grids Renewable Energies
in € million
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Increase to €0.70
Adjusted Group net profit*
€787 million
Dividend payout ratio
Total dividend payout
€189.6
million
Proposed dividend 2019
*Profit/loss shares attributable to the shareholders of EnBW AG **Adjusted for the valuation effects of IFRS 9 in the financial result
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Earnings target still achievable despite coronavirus
425
to
500
Generation and Trading Renewable Energies
825
to
925
Grids
1,300
to
1,400
Sales
325
to
400
to
Group
Adjusted EBITDA in € million
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Increasing the
to €3.2 billion
€1.3
billion
System critical infrastructure Sustainable generation infrastructure Smart infrastructure for customers
€1.3
billion
€0.6
billion 13
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Disclaimer
All of the figures refer – unless otherwise stated – to the EnBW Group and are – unless otherwise indicated – calculated according to IFRS.
No offer or investment recommendation
› This presentation has been prepared for information purposes only. It does not constitute an offer, an invitation or a recommendation to purchase or sell securities issued by EnBW Energie Baden- Württemberg AG (EnBW), a company of the EnBW Group or any other
invitation or recommendation to vote or give consent. All descriptions, examples and calculations are included in this presentation for illustrative purposes only.
Forward-looking statements
› This presentation contains forward-looking statements which are based on current assumptions, plans, estimates and forecasts made by the management of EnBW. Forward-looking statements of this kind are therefore only valid at the time they were first published. › Forward-looking statements are indicated by the context, but may also be identified by the use of the words “can”, “will”, “should”, “plans”, “intends”, “expects”, “thinks”, “estimates”, “forecasts”, “potential”, “continued” and similar expressions. › By nature, forward-looking statements are subject to risks and uncertainties that cannot be controlled or accurately predicted by
development or performance of EnBW and the companies of the EnBW Group may therefore diverge considerably from the forward- looking statements made in this presentation. Therefore, it cannot be guaranteed nor can any liability otherwise be assumed that these forward-looking statements will prove complete, correct or precise,
No obligation to update the information
› EnBW assumes no obligation of any kind to update the information contained in this presentation or to adjust or otherwise update forward-looking statements to future events or developments.
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