2019 financial results transdev group · rcf of 1.100m€: amend & extend (5 years) new tranche...

2019 Financial ResultsTransdev GroupMarch 24th , 2020

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Delivering our Moving You Strategy

Transdev Group 2019 results | Presentation | March 24th , 2020

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Active Portfolio management delivered

Divestment of BtoC Activities: approx 220 M€ annual revenues

Eurolines divested in Q1-2019

Taxi and Shuttle USA divested in Q3-2019

Airport Shuttle Sweden divested in March 2020

Acquisitions in 7 countries: approx. 470M€ annual revenues acquired

BtoG Business (Sweden, Germany, Czech Republic, Canada, New Zealand)

Resulting in 322 M€ of Financial Capex


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Geographical footprint& Activity mix


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€ 7.4 Billion revenue: a multinational footprint and DNA

18Countries

Euro Zone: 64,4% of RevenuesEuropean Union: 72% (of which 1,1% UK)

North America€ 1.4 bn

Netherlands€ 0.7 bn

France€ 2.8 bn

Germany€ 1.0 bn

Australasia€ 0.5 bn

Sweden€ 0.5 bn

AustraliaCanadaChileChinaColombiaCzech RepublicFinlandFranceGermanyIrelandMoroccoNetherlandsNew-ZealandPortugalSpainSweden United KingdomUnited states

38%

18%10%

15%

7%6%

6%France

USA / Canada

Netherlands

Germany

Australia / NZ

Sweden

Others


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A diverse portfolio of activities, oriented towards inter-modality to answer to new demands from our Clients and Passengers

> 90% of services provided to public authorities* non-audited data


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Financial results


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2019: A successful commercial year

High Renewal rate 2019

Dunkerque (France)

S-Bahn Bremen (Germany)

Luas and Rabat streetcars (Ireland and Morocco)

Some offensive flagship contracts

Hurontario streetcar PPP with Green rated debt* (Canada)

Fairfax County (USA)

Gotheborg (Sweden)

* E1/87 On Green Evaluation by Standard & Poors


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Organic growth led by USA and France

Revenue bridge vs 2018 (M€)

+6.1%


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Strong EBIT improvement mitigated by drivers shortage in German Rail and USA

EBIT bridge vs 2018 (M€)


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Net Income Group Share positive evolution

Dividend distribution: 22.85M€ to be paid in 2020


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NFD and ratios


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Net Financial Debt: Orderly evolution

NFD Bridge (M€)

Others• Interests•Taxes


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Extended maturity profile of Debt

Debt maturity profile (in € millions)

270 215 192132 99

169

72

25 1471

349

562

0

100

200

300

400

500

600

700

< 1 year < 2 years < 3 years < 4 years < 5 years > 5 years

Lease Liabilities Financial liabilities

Covenant leverage (includingIFRS16): x 2,44

Maturity increased:

RCF of 1.100M€: Amend & extend (5 years)

New tranche EuroPP 220M€ (10 years)

Significant liquidity (31/12/2019)

Undrawn facilities: 760 M€

Consolidated Cash Position: 310M€


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Key figures


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Transdev 2019 at a glance: Moving You on time delivery

X 2,8NFD /

EBITDA

85,000People

€ 7,4 bnRevenue

+6%

€ 666 mEBITDA

9% margin

€ 145 mCurrent

Op. Result

2% margin

€ 45,7 mGroup

Net Income

€ 1.864 mNet

Financial Debt

€ 1.020 mEquity


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Thank you!

Transdev Group 2019 results March 24th , 2020

2019 financial results transdev group · rcf of 1.100m€: amend & extend (5 years) new tranche...

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