Investor Presentation • Apr 30, 2014
Investor Presentation
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May 2014
| S t t r a e g y |
i i f i i f i i l f l l i l d D A E V I S t t t t t t • e r s c a o n s r a e g o n o n e s e r c e s o p e o p e s c c e s s m p e m e n e v y w v u u y h h b l k f f h h f f l l i i 2 % i i C i G 7 V J A t t t t t t w e p u c a e o v e r o o e s a r e s o c o r a‐ u n g r a u o e c o n ( ) d i l d i 2 0 1 3, 2 0 1 4 t t t s a r e n c o m p e e n h f f l l d h h f l G G S i i i i 3 i i M N t t t t t t t t • r o w s r a e g y o s u c c e s s u y c o n n u e w e n e g r a o n o n e w c n c s h f l i d i d i I S H P t t t t t t • n e g r a o n a n g r o w s r a e g y o p r o g r e s s n g a c c o r n g o p a n s |
|---|---|
| l i i F n a n c a s |
f h f i i T C H F 4 5 0 t t t t • u r n o v e r o p s m o r e r s m e i i d E B I T D A 1 3. 4 % t • m a r g n m p r o e o v f h d f d d d h b d i i i i i i i i i i C 0 0 i F H F 1 t t t t • n a n c n g c a p a c e s u r e r v e r s e a n n c r e a s e s s u n g a m s r a g o n 's d i i h i l b C H F 4 7 t t a n n c r e a s n g e g r o u p c a p a y m |
| 2 0 1 4 F o c u s |
h d l f f f b l f S i i i F A E V I t t t t t t • u r e r e v e o p m e n o n v e s m e n o c u s o n s e r v c e o r a e e r e f l i i i i i d i d h i i i l d O J 2 0 1 4 t t t • n e n e w c n c a c q u s o n s e c u r e n a n u a r y a n u r e r a c q u s o n s p a n n e b h h d i G S S M N H P t t o w a n f h l l d f f l l i i i i i i i i i R V J C A G t t t t t t t • e‐ p o s o n n g o e r e c e n y c o m p e e a c q u s o n o c o r a‐ u n g r a u o e c o n C H 6 0 0 T F • + u r n o v e r m f b i i i i i i i % F E B I T D A 1. 5 3 t t t t • o c u s o n m p r o v n g o e x s n g a c v e s y o |
| '0 I C H F 0 0 n |
2 0 1 0 |
2 0 1 1 |
2 0 1 2 |
2 0 1 3 |
|---|---|---|---|---|
| f i & K P L e y g u r e s |
||||
| l T t o a r e v e n u e |
'3 1 9 2 7 7 |
'8 2 0 0 1 8 |
'4 3 4 4 0 6 |
'6 4 5 4 6 9 |
| h t g r o w |
/ n a |
% 1 0 4 |
% 1 7 2 |
% 1 3 2 |
| E B I T D A |
'1 1 5 4 9 |
'0 2 4 2 6 |
'9 3 9 6 8 |
'7 6 0 5 5 |
| E B I T D A i m a r g n |
% 1 1. 9 |
% 1 1. 9 |
% 1 1. 6 |
% 1 3. 4 |
| E B I T |
'3 1 7 8 |
'2 8 5 3 |
'7 1 6 4 1 |
'9 2 6 2 7 |
| E B I T i m a r g n |
0. 7 % |
4. 1 % |
4. 9 % |
5. 9 % |
| f i b l h K t e y g u r e s a a n c e s e e |
||||
| l T t t o a a s s e s |
'1 1 4 5 2 5 |
'8 1 7 6 8 3 |
'4 7 3 4 4 8 |
'0 '6 1 0 5 5 7 |
| l l i b i l i i T t t o a a e s |
'8 1 2 3 2 6 |
'0 1 4 3 3 6 |
'9 5 7 2 0 8 |
'7 7 7 2 3 8 |
| l i T t t o a e q u y |
'2 2 1 9 9 |
'8 3 3 4 7 |
'5 1 6 1 4 0 |
'9 2 3 2 1 9 |
| i i t t e q u y r a o |
1 4. 7 % |
1 9. 1 % |
2 2. 0 % |
2 3. 2 % |
www.gsmn.ch
National coverage and regional presence
www.shp.net
Long‐term commitment to clinicoperations' growth
national build up
strategy
Focused
Otheractivities
Develop complementary healthcareservices
| i H t s o r y |
f b b l d l i i i i i i i 2 0 0 2 F G S M N A H C G t t t • o r m a o n o y n o n e u e r a c q u r n g n q u e e e n o e r : b d h l b k l f 2 0 1 0 A i H M i R i i G S M N t t t t t • : n o n e u e r a n c e e y e r p a r n e r u p a n g c o n r o o d b d f b 2 0 2 i i i G S S i i 1 R M N A E V I t t t t • e o r g a n s a o n a n r e r a n n g o o e c o m n g a n n v e s m e n : f h l d l i i i t o n g o c s n g o n s e r c e s o p e o p e u v ' f h h l d h l f d l h S S i A E V I A E V I ‐t t t t • r e e r e n c e s a r e o e r s a v e a o n g e r m o c u s o e v e o p w s r o n g b h l l f l l d i i i i t t, t t t c o m m m e n o s r a e g c a y a n n a n c a y |
|---|---|
| h l b i i M R c e e y e r |
h l b d b d l d M i R i i i i S i t t t • c e e e r s a n e n r e p r e n e r a n n e s o r a s e n e r a n y u v w z h l b h l d l d h i i i i S i i M R E t t • c e e y e r o s s e v e r a n v e s m e n s n w s s a n u r o p e a n c o m p a n e s s u c a s : l é h l l l i H L R M S S H Z A G t t t t t o e s a s e r v e, a m a e e r, e e r o e s e r m a o : h â d 'E l, k h h l b W i i C C T j, C M i R i t t n e r e s e a o s s o r n e o a a m p a g n e c e e e r o : u u y l d ( ) h h l d h h b S i S S S j i i A E V I H A I X A E V M A H t t t t t o n g a o r s a r e o e r o g e e r w n o n e u e r o : : |
| i b A H t t n o n e u e r |
b d i i i i A H S t t t t • n o n e u e r s a w s s e n r e p r e n e u r a n n v e s o r b h l d l h A i H i i S i i t t t t • n o n e e r o s s e e r a n e s m e n s n s s c o m p a n e s s c a s u v v w u : l d ( ) d d h h l d h h h l S i S S S j i i A E V I H A I X A E V F M t t t o n g o u n e r a n m a o r s a r e o e r o g e e r w c e o : : b R i e y e r h b l d b l i i i i i S i i F t t t t t t u r e r s u s a n a n v e s m e n s n p r v a e a n p u c w s s c o m p a n e s o |
• Dr Christian Wenger (Chairman), Raymond Loretan (Vice‐chairman), Antoine Hubert (Delegate), Michel Reybier, Antoine Kohler, Dr CédricA. George
• Raymond Loretan (Chairman), Dr Philippe Glasson (Vice‐chairman), Antoine Hubert (Delegate), Michel Reybier, Antoine Kohler, Dr Cédric A. George, Dr Christian Le Dorze, Fulvio Pelli
Financial, legal and political skills and an in‐depth knowledge of the Swiss healthcaresector
Additional healthcare and medical expertise, a link to the group's doctors and ananchor within national politics
Well aligned within the Corporate Governance of AEVIS and an in‐depth knowledge of the healthcare real estate portfolio
The Board of directors of VJC combines in‐ depth knowledge of the Swiss hotel business
| '0 0 0 I C H F n |
2 0 2 1 |
2 0 3 1 |
|---|---|---|
| R e v e n u e h t g ro w |
'4 3 0 6 4 4 / n a |
'5 0 4 5 4 4 3 2. 0 % |
| E B I T D A in m ar g |
'9 3 9 6 8 1 1. 6 % |
'7 6 0 5 5 1 3. 4 % |
| d D i i i i t t t e p r e c a o n a n a m o r s a o n |
( ) '2 2 3 2 7 |
( ) '8 3 3 2 8 |
| E B I T in m ar g |
'7 1 6 4 1 4. 9 % |
'9 2 6 2 7 5. 9 % |
| l l F i i t n a n c a r e s u f f h l S i t a r e o o s s o e q u y d i t t a c c o u n e n v e s e e s |
( ) '1 8 5 8 ( ) '8 2 4 9 |
( ) '3 1 5 2 5 ( ) 1 6 1 |
| d l O i t r n a r r e s y u |
'7 3 5 4 |
'4 1 1 4 1 |
| l i N t t o n‐ o p e r a n r e s g u d l i E t t r a o r n a r r e s x y u |
( '2 ) 9 1 5 ( '1 ) 8 1 5 |
‐ ( ) 2 3 1 |
| b f i E t a r n n g s e o r e a x e s |
'2 3 4 5 |
'3 1 1 1 8 |
| I t n c o m e a x e s |
5 7 0 |
( '3 ) 4 4 1 |
| f i f h P t t r o o r e y e a r in m ar g |
'3 3 2 5 1. 0 % |
'6 8 7 5 1. 9 % |
| h ( ) % S 3 2 t t + r o n g r e v e n u e g r o w h h d l i i t t t r o g a r g e e c n c u i i i t a c q s o n s u |
|---|
| d b i i 1 8 % E B I T D A m a r g n n c r e a s e y 3 % 1 4 t o |
| h f f l l f h i i 2 0 1 3 t t t t s e r s u y e a r a e r e f 's l i i S H P t t t t n e g r a o n o r e a e s a e f l l i i i i i t p o r o o e x p a n n g n c r e a s e s n d d i i i t t t e p r e c a o n a n n e r e s e p e n s e s x |
| h l d f i 2 0 1 2 E B T t t m o r e a n r p e r o m 2 0 3 1 t o |
| f f h d i i P t t t r o o r e y e a r n c r e a s e o h C H F 8 7 C H F 0 6 9 m o r p e r s a r e |
| d d b f P i i i C H F 7 8 t t r o p o s e s r u o n o m ( h C H F 0 5 5 C H F 0 3 0 i o r p e r s a r e n |
2012)
| '0 I C H F 0 0 n |
3 1. 1 2. 2 0 1 2 |
3 1. 1 2. 2 0 1 3 |
|---|---|---|
| h d h l C i t a s a n c a s e q u v a e n s |
'7 9 9 6 |
'0 2 9 6 5 |
| h O t t t e r c u r r e n a s s e s |
'9 1 2 5 6 6 |
'1 1 5 8 1 4 |
| l T t t t o a c u r r e n a s s e s |
'7 1 3 5 6 2 |
'1 1 8 7 7 9 |
| d F i t x e a s s e s |
'9 5 7 3 5 7 |
'3 7 8 2 2 3 |
| h O t t t e r n o n‐ c u r r e n a s s e s |
'7 2 4 2 9 |
'1 3 6 5 5 |
| l T t t t o a n o n‐ c u r r e n a s s e s |
'6 5 9 8 8 6 |
'4 8 1 8 7 8 |
| l T t t o a a s s e s |
'4 7 3 4 4 8 |
'0 '6 1 0 5 5 7 |
| h f l l b l S i i i i i i t‐ t t o r e r m n a n c a a e s |
'6 2 0 0 6 4 |
'6 2 1 1 6 7 |
| h l b l O i i i i t t t e r c r r e n a e s u |
'5 1 0 8 4 1 |
'7 1 2 2 6 3 |
| l l b l i i i i T t t t o a c u r r e n a e s |
'2 3 0 9 0 5 |
'4 3 3 3 0 4 |
| f l l b l i i i i i i L ‐t t o n g e r m n a n c a a e s |
'0 9 0 2 6 1 |
'5 3 3 4 4 7 |
| h l b l i i i i O t t t e r n o n‐ c u r r e n a e s |
'6 7 3 7 7 |
'7 9 3 3 5 |
| l l b l i i i i T t t t o a n o n‐ c r r e n a e s u |
'7 2 6 3 0 3 |
'3 4 3 8 0 8 |
| l l b l i i i i T t t o a a e s |
'9 5 7 2 0 8 |
'7 7 7 2 3 8 |
| l i T t t o a e q u y |
'5 1 6 1 4 0 |
'9 2 3 2 1 9 |
| l i d l i b i l i i T t t t o a e q u y a n a e s |
'4 7 3 4 4 8 |
'0 '6 1 0 5 5 7 |
| C '0 0 0 In H F |
2 0 2 1 |
2 0 1 3 ( 2 0 2 1 ) im te p er e r |
2 0 3 1 ( ne w ) is i io t ac q ns u |
2 0 3 1 ( l ) tu ac a |
fo p ro rm a h i t ta t w rg e in ma rg |
|---|---|---|---|---|---|
| Re ve nu e |
'3 3 1 9 0 6 |
'3 3 3 3 6 7 |
'5 1 0 0 9 7 |
'9 4 3 3 7 3 |
'9 4 3 3 7 3 |
| E B I T D A R |
'9 5 3 4 7 |
'7 6 3 0 4 |
'3 6 5 1 |
'0 7 0 6 4 |
'6 9 7 4 4 |
| in ma rg |
16 .9% |
19 .1% |
6.3 % |
16 % |
22 .5% |
| E B I T D A |
'3 3 3 7 5 |
'6 3 6 9 7 |
'1 1 6 4 |
'8 3 7 7 0 |
'6 7 1 0 6 |
| in ma rg |
10 .5% |
.0% 11 |
1.2 % |
8.7 % |
16 .5% |
| E B I T |
'0 1 7 0 6 |
'5 1 9 2 2 |
( ) '3 4 7 3 |
'1 1 5 4 9 |
'3 4 3 9 7 |
| in ma rg |
5.3 % |
5.9 % |
‐4. 3% |
3.5 % |
10 .0% |
| ( ) l h i i H 1 0 t t t • e a c a r e p r o p e r e s s e s |
2 7 |
|---|---|
| l b l l G t • o a p o a r e a |
'4 8 3 3 2 1 1 m |
| V t • a c a n c y r a e |
l l l F i i i t t u u s a o n |
| i L T V t • r a o |
% 5 0. 7 |
| f l k l i P t t • o r o o m a r e v a u e |
C H 6 4 0. F 7 m |
| f l b k l P i S i G A A P t • o r o o w s s o o v a u e |
C H F |
| l l 2 0 3 i 1 A t • n n u a r e n a n c o m e |
C 3 H F 4. 7 m |
| l d G i • r o s s y e |
5. 4 2 % |
| / l A i 2 t • e r a g e r e n a n c o m e m v |
C H F 1 8 9. 2 |
| / k l l M t t • a r e v a u e p o a r e a a v e r a g e |
'4 C H 3 9 3 F |
| l l D i t t t • e v e o p m e n p o e n a |
'0 '0 1 5 0 0 2 2 0 0 0 2 t m o m |
| l H t o e s |
R o o m s |
b f N u m e r o b k i r o o m o o n g s |
l f ( i T t o a s u r a c e n 2) m |
|---|---|---|---|
| f * i i V J t c o r a‐ u n g r a u |
2 2 4 |
'7 3 9 0 4 |
'2 6 9 4 4 |
| l P L a a c e e r n u z |
1 2 9 |
'5 2 4 1 1 |
'3 3 3 7 |
| d * E L e n a u a c |
5 0 |
'7 1 0 0 4 |
'4 1 1 9 |
| l l l B P e e v u e a a c e |
2 6 1 |
'2 9 1 7 4 |
'2 3 9 6 |
| l T t o a |
5 2 9 |
'2 9 8 7 9 |
'3 5 2 2 1 |
*Buildings fully owned by VJC
AEVIS Holding SA rue Georges‐Jordil 4 1700 Fribourg Tel. +41 26 350 02 02 Fax +4126 350 02 03
Media & Investor Relations c/o Dynamics Group Edwin van der Geest / Philippe Blangey Tel. +41 43 268 32 32 Fax +41 43 268 32 39 [email protected]
This communication contains statements that constitute "forward‐looking statements". In this communication, such forward‐looking statements include, without limitation, statements relating to our financial condition, results of operations and business and certain of our strategic plans and objectives. Because these forward‐looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors which are beyond AEVIS Holding's ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors detailed in AEVIS Holding's past and future filings and reports and in past and future filings, press releases, reports and other information posted on AEVIS Group companies websites. Readers are cautioned not to put undue reliance on forward‐looking statements, which speak only of the date of this communication. AEVIS Holding disclaims any intention or obligation to update and revise any forward‐looking statements, whether as a result of new information, future eventsor otherwise.
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