Title: DOSSIER de PRESSE GINGER
1Presentation of annual results 13 February 2002
Leader in infrastructure engineering
Straight to the heart of the quality of life
2Contents
- Introduction
- 2001 highlights
- 2001 results
- Flagship projects since the IPO
- Market trends
- Our strengths
- Business plan
- Our development strategy
- Conclusion
3Our business
- Applied to project development and enhancement
Environment
Construction and Civil Engineering
Information Communication
Technologies (ICT)
42001 Highlights
Strong organic growth Dynamic external growth
5 2001 Highlights
2001, a year of strong organic growth
23 Growth by business sector Environment
10 Construction and Civil Engineering 5 ICT
300
62001 Highlights
2001 dynamic growth by acquisitions
in the Environmental sector
June 2001 takeover of SIEE and its
subsidiaries (Stratégis, Concerto,
Intervia) Engineering company, specialised in
hydrology and expert appraisal in environmental
areas Turnover 7.5 m Staff
105 Establishment in Montpellier and the
Provence Alpes Côte dAzur A unique positioning
for Ginger in the water cycle engineering
72001 Highlights
2001 dynamic growth by acquisitions in the
Construction and Civil Engineering sector
December 2001 takeover of Laboratoire du
Bâtiment et des Travaux Publics (LBTP) in
New Caledonia Expert appraisal and
engineering Turnover 2m - Staff 33
January 2002 takeover of Laboratoire des
Travaux Publics de Polynésie (LTPP) in
French Polynesia Research, tests, surveys,
engineering, project management, expert
appraisal, etc Turnover 2.9 m - Staff
21 GINGER a leading position in the Pacific
Ocean Region
82001 Highlights
2001 dynamic growth by acquisitions in New
Information and Communication Technologies
April 2001 takeover of PARERA Number 2 for
cartography in France Network layout engineering
Turnover 5.1 m Staff 87 Located in
Toulouse
June 2001 takeover of CEISAM Expert appraisal
and consultancy firm in cable network
architectures Turnover 1.1 m Staff
6 Located in the Paris area
9Financial information
Change in turnover (in million euros)
- Turnover exceeds expectations
96.4
100
External turnover 12
9M
Organic turnover 23
80
71.3
87,4M
66.3
60
40
7.5
35
20
0
1999
2000
2001
10Financial information
Breakdown of turnover by areas of expertise
2000
2001
Maintenance O.5
Engineering 36.6
Engineering 40.8
Expert Appraisal 63.4
Expert Appraisal 58.7
11Financial information
Breakdown of turnover by sector
2000
2001
ICT 6.4
ICT 20
Environment 9.5
Environment 14
Construction and Civil Engineering 66
Construction and Civil Engineering 84.1
12Financial information
13Financial information
Change in operating profit per person
1074
6000
853
783
4200
1800
1999
2000
2001
Operating profit per person in euros
Employees
14Financial information
Profit Loss account (in million euros)
2001
2001 (e)
2000
1999
Turnover 66.3 71.3 93.4 96.4 Staff
costs 36.0 38.4 43.7 47.9 54 54 47 50 Operati
ng profit 1.4 3.6 6.5 6.5
Operating margin 2 5 7 7 Net profit before
goodwill 1.7 3.2 5.2 5.2 Net profit after
goodwill 0.9 2.8 4.6 4.6 Group share
Net margin 1 4 5 5
15Financial information
Balance sheet (in million euros)
2000 6.0 14.7 8.8 5.9
2001 25.3 23.5 15.7 7.8
Consolidated equity capital Capital
employed Fixed assets Working capital requirements
16Financial information
Cash flow statement (in million euros)
2000
2001
Net cash outflow Investments Change in Working
capital requirements Net cash inflow Cash flow
Issue of ordinary share capital Other
(Decrease) / increase in cash Net cash at end
year
8.2 6.8 1.4 8.7 3.9 4.8 0.5 5.0
13.4 11.6 1.8 25.4 6.1 12.9 6.4 12.0 17.0
17Flagship projects
New projects since the IPO
- Expert appraisal in Construction Civil
Engineering - 490m concrete floating dam in Algeciras, Spain
- End of 1999, the Principality of Monaco started
an innovative design marine project with the
construction of a floating dam within the Port de
la Condamine. - GINGER is in charge of testing and monitoring
the concretes for this 490 m dam under
construction - at Algeciras in Spain.
- The elements will be towed to
- Monaco by several ships during the summer
of 2002.
18Flagship projects
New projects since the IPO
- Expert Appraisal in Construction and Civil
Engineering the Mont Blanc Tunnel
To evaluate further risks of
collapses, we carried out stress examinations on
the roof of the Mont Blanc Tunnel near the
damaged area.
19Flagship projects
New projects since the IPO
- Expert appraisal in Construction and Civil
Engineering Restoration of frontages of Notre
Dame de la Garde in Marseille
- GINGER carried out the preliminary survey
of works - - stone diagnosis- restoration solutions
-
- as well as several assignments during work.
20Flagship projects
New projects since the IPO
- Expert appraisal in Environmental matters -
hydrology
- Surveys relating to drawing up the Plan for
prevention of flooding risks in the Seine - et Oise valleys (near Paris)
- Inventory of shared water resources in the
- South of France
21Flagship projects
New projects since the IPO
Engineering in new Information and Communication
Technologies ORANGE France contract
- ORANGE France has selected Ginger to build
GMS-UMTS sites across the North of France,
Mediterranée, Normandie and Pays de Loire. - Ginger will be in charge of research,
negotiation, engineering and development of
radio-electric sites.
22Flagship projects
New projects since the IPO
Maintenance engineering EUROSPORT
GINGER has been selected to oversee the
maintenance of the technical installations of the
EUROSPORT channel Technical management of HVAC
equipment, safety of broadcasting control
rooms. Installation and management of the CAMM
tool.
23Market trends
Environment
- Market of constraints growth of 4 to 7 in 2001
- GINGER s strengths its positioning
- on projects that generate a productivity
- gain for clients
- on the buoyant sectors of the environment,
- in particular hydrology
24Market trends
Construction and Civil Engineering
- Growth of 2.6 in 2001 (Fédération Française du
Bâtiment) - Flagging or recession of the new buildings
segment - Growth of enhancement of existing building
- GINGERs strengths
- Expertise and a strong presence in the appraisal
sector - A strong position in the value and enhancement of
infrastructures
25Market trends
ICT
- stop and gomarket
- GINGERs strengths
- Size and flexibility of the structure and
resources gt - able to adapt to market fluctuations
- Ability to anticipate
- Strong customer recognition
26Our strengths
27Business plan
2003(p)
2002 (p)
2001
(in million euros)
Turnover 96.4 123.6 139.3 Staff
costs 47.9 54.8 60.1 50 44 43 Operating
profit 6.5 10.3 13.3 Operating
margin 7 8 10 Net profit before
goodwill 5.2 8.5 9.0 Net profit after goodwill
4.6 7.6 8.1 Group share
Net margin 5 6 6
() of which 7.6 m from external growth
28Our development strategy
- Step up the rebalancing of the 3 business sectors
- Objective end 2003 instead of 2005
External growth projects being implemented in
the 3 business sectors
29 Our development strategy
- Step up the rebalancing of the 3 business
sectors - Construction and Civil Engineering consolidate
- our positioning as a laboratory for analyses and
- structure instrumentation
- Environment gain a strong position in hydrology
- and waste treatment
- ICT develop our international activities
30Conclusion
GINGER, a major independent player specialized in
infrastructure engineering
-
- areas of expertise and resources that are
- unparalleled in Europe
- a structured organization and experienced
management - a proven ability to
- - create and integrate companies
- - foresee and control change
31- GINGER
- Shows its ability to increase
- its turnover and profit
- Meets and confirms its commitments
32Change in GINGER price
33Pending inclusion on the Next Prime segment of
Euronext Paris