Foundations for future projects
Foundations for future projects | 2015 | 1
Strategic
alliance
For higher added
value for both firms
Expansion through
complementary
geographic reach
Maximise
opportunities in
our sectors
Enhance our
competitive EPC
offerings
Foundations for future projects | 2015 | 2
Complementary business profiles
• Strong presence in Latin America and Africa for both companies
• Both companies have grown exporting their expertise to the world beyond their
home markets: DF from Spain; Ausenco from Australia
• Similar size organisations, both each with circa 2,000 people globally
• Provision of solutions across entire project life cycle, with DF delivering
significantly greater revenues from EPC offering
Evaluate
/ Study
Innovate
/ FEED
Create /
EPCM
Create /
EPC
Optimise /
Services
Foundations for future projects | 2015 | 3
Complementary geographic presence
-% : 32%
6% : -%
2% : 4%
30% : 8%
1% : 4%
2014 REVENUE BY GEOGRAPHY
Ausenco
DF
Africa
7%
2%
Asia
1%
4%
12%
20%
Central Asia
6%
-%
Europe
-%
32%
MENA
2%
4%
North America
30%
8%
South America
42%
30%
Australia
7% : 2%
12% : 20%
42% : 30%
Foundations for future projects | 2015 | 4
Strategic alliance
Key differentiators and areas for higher added value for both firms
Higher value based
on
Ausenco
DF
Broader geographic reach
relying on existing presence
• Deeper into Spain, the rest
of Europe and Middle East /
North Africa
•
Deeper into Canada,
Australia, Asia and Africa
Maximising EPC opportunities
in our sectors
• Strong construction partner in DF
• Global EPC energy projects
• Enhanced balance sheet strength
to pursue major EPC projects
•
Strong engineering partner in
Ausenco in:
• Mining
• Oil & gas upstream and
mid stream
• Process Infrastructure
Enhances project delivery
risk management
•
•
Benefits from Ausenco's
technological know-how in
mining and oil & gas
Benefits from DF's EPC proven
approach and capacities
Foundations for future projects | 2015 | 5
Complementary service strengths
Alliance is leveraging the relative strengths of each organisation to target
DF
Mining & Handling
Oil & Gas
Energy
Services
Manufacturing Other
31%
9%
42%
8%
8%
Specific
Major EPC
Mining projects
geographic
2%
Specific
geographic
EPC oil & gas
EPC Process
Infrastructure
EPC in Energy
Ausenco
Minerals Processing
Oil & Gas
Process Infrastructure
54%
12%
27%
Environment
& Sustainability
7%
Foundations for future projects | 2015 | 6
Expanded project offer pipeline
Energy
Mineral processing
Oil & gas
Process infrastructure
DF current EPC global project pipeline of over €7.5 billion
Alliance expands chances to jointly secure work from Ausenco’s EPC pipeline of $3.0 billion
Foundations for future projects | 2015 | 7
DF – An overview
DF has global presence, proven experience, and is present in all of the value chain
•
Over 150 years resources sector experience,
headquartered in Gijón, Spain
•
2014 revenues of €1.0 billion built upon presence
in numerous countries in Europe, the Americas,
Asia, Africa, and Oceania
•
•
2015 year to date sales order intake €1.2 billion,
97% outside Spain
Current market capitalisation €0.6 billion, listed on the
Madrid Stock Exchange since 1905
•
Leading international company specialising in the
execution of EPC turnkey projects for the power
generation, oil & gas and mining and handling sectors
•
Recently celebrated Felguera IHI 40 year relationship
specialising in fuel and LNG storage facilities
•
Details of DF’s business offering are available on the DF
website at www.dfdurofelguera.com – Communications
– Publications – Corporate Presentation
Engineering
Operation and
Maintenance
EPC
Projects
Commissioning
Supplies
Civil works,
mechanical and
electrical
erection
Foundations for future projects | 2015 | 8
Global EPC project expertise
Spain
Peru
Brazil
Canada
Argentina
Australia
Africa
Foundations for future projects | 2015 | 9
DF: CTCC Soto IV y V, Asturias. Spain
Foundations for future projects | 2015 | 10
UPDATE
Constancia Project, Peru
Ausenco: Constancia copper project, Peru
Foundations for future projects | 2015 | 11
DF: Coal storage and handling, Argentina
Foundations for future projects | 2015 | 12
Ausenco: Phu Kham copper-gold project, Laos
Foundations for future projects | 2015 | 13
Ausenco: Canaport LNG terminal, Canada
Foundations for future projects | 2015 | 14
DF: Oil & gas tanks, Cyprus
Foundations for future projects | 2015 | 15
Ausenco: Los Pelambres, Copper tailings and concentrate pipeline system, Chile
Foundations for future projects | 2015 | 16
UPDATE
DF: Barra dos Coqueiros, Wind Farm, Brazil
Foundations for future projects | 2015 | 17