Orbis entered into New Era! Plans for 2016+ No. 1 108 9 9 18 800 7

FACTSHEET 2015
18.02.2016
Orbis entered into New Era!
+6 900 new
hotel rooms
up to 18 800 rooms
+39 hotels
up to 108 hotels
+PLN 220 m
EBITDAR
+PLN 550 m
net sales
up to PLN 430 m
up to PLN 1 260 m
* 2015 vs 2014 as reported
PLN 329.3 m
EBITDA
+PLN 9.3 m
above the forecast
2015: A year of acceleration
+10.6%
RevPAR
Key product improvement and
development projects in 2015
Modernization of Novotel Warszawa Centrum
Hotel renovations:
Gdynia (rebranded into Mercure)
Gdańsk (rebranded into Mercure)
Bielsko-Biała (rebranded into ibis Styles)
Wrocław (to be rebranded into ibis & Novotel)
Budapest (Mercure Duna, Mercure Metropol,
ibis Aero)
Regular
Investments
Prague (MGallery)
CAPEX
New development
subsidiary projects:
Mercure in Kraków
ibis in Gdańsk
NET SALES
+11.2%
EBITDAR
New projects validation
Significant increase of business scale thanks to
acquisition of Accor Hotels operations and new
Master Licence Agreement in EE.
4
*y/y changes are calculated 2015 / 2014 pro forma
1
Orbis Group today
2
21
No. 1
9
hotel operator in EE
brands
33
30
operating hotels
18 800
rooms
7
9
1
9
operational countries
48%
The hotel leader in the region
+8.3%
108
52%
Total CAPEX
in 2015:
PLN 122.4 m
7
countries to be entered
Plans for 2016+
Towards people centric organization
(guest & staff)
Hotel network expansion: 31 hotels
within next 30 months
Effective asset management
Financing optimization
Operational excellence initiatives
FACTSHEET 2015
18.02.2016
RevPAR
Structure of sales
by hotel
segment
by geographical
markets
8%
RevPAR change
by hotel segment
PLN 1 263 m
Net sales
2015
2015
7%
22%
Poland
Czech
Republic
+7.9%
63%
+10.6 %
+11.7%
20%
y/y RevPAR change
by geographical
markets
+12.8%
PLN 150.8
in Orbis Hotel Group
80%
+10.4%
+9.9%
+11.4%
Up&Midscale
Hungary
Other
Countries
Economy
Economy
Up&Midscale
Poland
Hungary
Czech
Republic
Other
Countries
RevPAR (revenue per available room) – rooms revenue divided by the number of roomnights that were available
*y/y changes are calculated 2015 / 2014 pro forma
Structure of EBITDAR
by hotel
segment
by geographical
markets
11%
Financial results
Exchange impact not
material
7%
[PLN m, %]
25%
PLN 431 m
EBITDAR
2015
22%
60%
75%
Poland
Hungary
Up&Midscale
Czech
Republic
Other
Countries
Economy
Increase of net sales
Other:
Up
&Midscale:
+9.0%
(+PLN 6.6 m)
Czech R.:
2015
+11.3%
+7.5%
Poland:
(+PLN 79.2 m)
PLN 1 263 m
net sales growth
(+PLN 19.5 m)
Economy:
+8.1%
+8.2%
(+PLN 19.0 m)
(+ PLN 60.3 m)
*y/y changes are calculated 2015 / 2014 pro forma
Shareholders’ structure
27%
Free float
5%
5%
10%
Supervisory Board
Gilles Clavie
Bruno Coudry
Artur Gabor
Christian Karaoglanian
Jacek Kseń
Jan Ozinga
Laurent Picheral
Andrzej Procajło
Andrzej Przytuła
Sophie Stabile
Jarosław Szymański
Ireneusz Węgłowski
Vice President of the
Management Board
Marcin Szewczykowski
Member of the Management
Board and CFO
reported
1 165.5
+8.3%
707.8
EBITDAR
431.4
387.8
+11.2%
212.5
Rent costs
102.1
99.6
+2.5%
4.6
Operating EBITDA
Depreciation and
amortization
EBIT
329.3
288.2
+14.3%
207.8
139.3
136.9
+1.8%
111.4
221.7
139.3
+59.2%
101.1
Profit (loss) before tax
212.2
149.3
+42.1%
112.8
33.3% +0.9 p.p
30.0%
34.2%
EBITDAR margin
Orbis on Warsaw Stock Exchange
46 077 008 ordinary shares
listed on WSE main market
since 20.11.1997
300 000 corporate bonds listed
on GPW ASO and BS ASO since
17.09.2015
Indices: mWIG40, WIG,
WIG-PL, WIGdiv
Bond: ORB0620
Ticker: ORB
Dorota Nowotny - Investor Relations Officer
+48 22 829 39 24, [email protected]
Nominal value: PLN 1 000
Nominal rate: WIBOR6M +0.97%
Date of redemption: 26.06.2020
+41 % share price in 2015
70,00
300 000
52,50
225 000
35,00
150 000
17,50
75 000
0,00
0
02.01.2015
Contact:
Pro forma Pro forma
1 262.7
53%
Management Board
President and CEO
2014
Animator: DM BH
Aviva OFE
Nationale
Niederlanden
OFE
Amplico OFE
y/y
Net sales
ISIN: PLORBIS00014
Accor
2014
+8.7
+ 8.3 %
(+PLN 10.7 m)
Hungary:
2015
16.03.2015
Price
28.05.2015
WIG
07.08.2015
mWIG40
16.10.2015
Turnover
30.12.2015