Implenia Road Show Basic Information September 2011
Young company with a long-standing tradition 1872 Conrad Zschokke establishes his first construction company 1977-98 Zschokke becomes the biggest construction company in Switzerland through acquisitions 1866- Establishment and development of 1996 Preiswerk, Stuag and Schmalz (3 medium-sized Swiss construction companies) 1997 Establishment of Batigroup through merger between these three construction companies März 2006 Okt. 2010 Okt. 2010 Merger & establishment of Implenia Leader in the Swiss market 2009 Implenia achieves EBITDA of 100 million Feb. 2011 Jun. 2011 Acquisition of Sulzer Immobilien AG Breakthrough at the Gotthard longest tunnel in the world First micro-tunnelling project in the Middle East Acquisition of the Norwegian Betonmast Anlegg AS First foreign acquisition, opening a second home market for tunnelling. Implenia Investor Relations September 2011 Page 2
Our most important capital: Our 6,000 employees Summary text Implenia Investor Relations September 2011 Page 3
Sites Around 100 sites throughout Switzerland Implenia Investor Relations September 2011 Page 4
Clear market leader, twice as big as the closest competitor Competitive landscape in Switzerland Turnover in CHF Mio. 2,500 2,390 2,000 1,500 1,000 500 0 Implenia hrs K. Steiner Losinger- Marazzi Strabag Frutinger Allreal Marti Walo Priora Implenia is the only listed construction company in Switzerland (IFRS!) Market leader in industrial and traditional construction (ca.10% market share) Market leader in the general and total contracting sector One of the market leaders in Swiss real estate development sector Implenia covers the entire Swiss market Note: based on 2010 figures/ Estimates Implenia Investor Relations September 2011 Page 5
Group organization and Group management Chairman of the Board of Directors Anton Affentranger CEO Hanspeter Fässler Members of the Executive Committee Hanspeter Fässler Beat Fellmann Luzi R. Gruber Arturo Henniger René Zahnd Corporate Centre/CFO Head Beat Fellmann Division Real Estate Head René Zahnd Division Infrastructure Construction Head Arturo Henniger Division Industrial Construction (International) Head Luzi R. Gruber Finance & Controlling Investment Management Treasury Human Resources Marketing / Communications Legal Services Insurance / IT Development Engineering General Contracting Total Contracting Conversions / Renovations Roads / Civil Works Civil Engineering Foundation Engineering Building Construction Restoration Reclamation Total Contracting Underground Construction Service Tunnels EPC Contracting Infrastructure Projects Prime Buildings Consulting Implenia Investor Relations September 2011 Page 6
One-stop service provider Idea Concept Finance Project Development Realization Planning, Engineering Management Demolition New idea Investment Management Development Implenia Invest. Management AG Implenia Development AG Engineering, Third Parties General contracting GC Implenia Generalunternehmung AG Construction Construction Implenia Bau AG, Third Parties Industrial Construction Implenia Bau AG, Global Solutions Implenia Investor Relations September 2011 Page 7
One company one goal one spirit We develop and build the Switzerland of tomorrow. We establish ourselves as an expert for complex international infrastructure projects. Sustainability is our passion. We are the partner of choice for customers and employees alike Implenia Investor Relations September 2011 Page 8
Our values the foundations of our company Reliability Because we want people to be able to rely on us. Sustainability Based on responsibility regarding our environment and ourselves Integrity This is the core of what we do. Opportunity and risk awareness Acting entrepreneurially, we want to identify opportunities and risks early. Transparency Towards all of our stakeholders Operative and financial excellence Measurable and as a pre-condition for our activities Solution-driven, customeroriented practices Customer-oriented solutions are our priority Innovation Our future depends on our ability to keep up with the times and move forward Implenia Investor Relations September 2011 Page 9
One-stop service provider As a total services provider, the Real Estate Division covers all parts of a property's life-cycle, from initial promotion right through to operational optimization. Real Estate Idea Concept Finance Project Development Management Realization Planning, Engineering Demolition new idea Investment management Real RE development Estate Reuss engineering General contracting Conversion & renovation Investment Management Implenia Invest. Management AG Development Engineering General contracting Construction Implenia Development AG Implenia Generalunternehmung AG External, Implenia Bau AG Turnover: CHF1,311m Headcount: 461 Management External Implenia Investor Relations September 2011 Page 10
Implenia Real Estate Riedmühlepark, Dietlikon (PD & GC) Implenia Investor Relations September 2011 Page 11
Implenia Real Estate Shopping Center Rheinpark, St. Margrethen (GC) Implenia Investor Relations September 2011 Page 12
Implenia Real Estate Europaallee, Site E, Zurich (GC) Implenia Investor Relations September 2011 Page 13
Brought based construction references The Infrastructure Division engages in the following activities throughout Switzerland: foundation engineering, civil engineering, road building, building construction and conversions. Infrastructure Construction Foundation engineering Road Building Foundation engineering New builds/ building construction Civil Engineering Conversions Demolition Building construction (new builds / Conversions) Road building / civil engineering Civil engineering Foundation engineering Civil engineering Road building New build/construction Revenue: CHF 1,201 million Production output: CHF 1,344 million Headcount: 4334 Conversions Demolition Implenia Investor Relations September 2011 Page 14
Implenia Infrastructure Construction Epondage power station, mosson (Infrastructure) Implenia Investor Relations September 2011 Page 15
Implenia Infrastructure Construction Glatttalbahn, Dübendorf (Infrastructure) Implenia Investor Relations September 2011 Page 16
Implenia Infrastructure Construction Zentralbahn Lucerne (Infrastructure) Implenia Investor Relations September 2011 Page 17
Overview Industrial Construction Industrial Construction is the international Partner for sustainable and complex infrastructure and real estate projects. IC offers individual and overall solutions in the areas of transportation, water, energy and prime buildings. IC acquires construction contracts in complex segments such as tunnel construction, micro-tunnelling, special underground construction and excavation. It is a total contractor, subcontractor, a joint venture partner or a syndicate partner. IC also provides consulting and project management services for complex large-scale projects. Real-Estate project Real-Estate Services Infrastructure projects Infrastructure Tunneling Tunneling Special Tunnel Works Sp. Tunnel W. Total Services Contractor Industrial Construction Tunneling Special Industrial Tunnel Works construction NRLA lot Total Services Contract. Infrastructure projects Real estate projects Services Turnover: CHF 166 m Production output: CHF 350 m Headcount: 610 Total Services Contractor Services Services Implenia Investor Relations September 2011 Page 18
Implenia Industrial Construction Tunnel bypass, Lungern (IIC) Implenia Investor Relations September 2011 Page 19
Implenia Industrial Construction NRLA Gotthard TAT (IIC) Implenia Investor Relations September 2011 Page 20
Implenia Industrial Construction New Headquarters of Banca Intesa Sanpaolo, Turin (IIC) Source: Getty Image Bid Book, Russia (IIC) Implenia Investor Relations September 2011 Page 21