presentación de powerpoint abr 2017_tcm30-31… · concessions, industrial and services business....

CONSTRUCTION PRESENTATION

GROUP OVERVIEW

SACYR CONSTRUCCIÓN OVERVIEW

WHAT WE DO

STRENGTHS & OPPORTUNITIES

STRATEGY

SOCIAL RESPONSABILITY

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GROUP OVERVIEW

Sacyr is a diversified group with international recognition and encompassing four areas of activity: construction, infrastructure concessions, industrial and services business. It’s listed on the spanish stock exchange.

Sacyr is active in five continents and conducts a sustainable business management, constantly striving for technological leadership and improving levels of efficiency.

MISSION Develop infrastructure and services complex projects to improve the quality of life of the general public, provide personal and professional opportunities of development to our employees and generate value for our clients, partners and shareholders.

VISION Become a leading international and reference Group, undertaking innovative, high value projects, growing on a sustainable and profitable way and respecting the environment.

VALUES Team spirit, excellence, innovation, adaptability and integrity

COMPANY OVERVIEW

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GROUP OVERVIEW

FOUNDATION YEAR

1986 1996 2002 2004 2007 2009 2014 2015

International activity begins

Public Services Business + SUFI

Acquisition of Real Estate Business

Awarded Pedemontana

Concession

Stake Repsol

Awarded third Set of Locks

Panama Canal

Exit from housing business

Enhancing capital

structure

Fluor Sacyr JV

Sale of Testa

4

2016

Inauguration of the Third Set of

Lock of the Panama Canal

8.20% interest in Repsol Large potential of upside & synergies

GROUP OVERVIEW

CONCESSIONS Diversified infrastructure portfolio:

– Different industries – Diverse geographic

markets – Combination of

mature assets and concessions with upside potential

35 assets 26 years average

remaining life

High growth potential and increasing value

SERVICES Focused on public

services concessions:

–Water, Environmental and Multiservices

–Stable and cash generator activity for the long run

Solid portfolio of contracts

Track record

Improving earnings and margins

INDUSTRIAL Focused on EPC

projects related to energy, waste treatment and water:

–Core-business with potential upside

–JV with Fluor

Highest technological capabilities

+100 power plants

+100 water plants

CONSTRUCTION Focused on construction

activities including:

– Civil Works – Buildings – Hydro projects – Turnkey/EPC

Top technological capacity

Competitive brand

positioning

International activity reaching 84% of the total

INVESTMENT

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GROUP OVERVIEW

SCENARIO

SOLID BUSINESS

TOP QUALITY ASSETS

SOLID SHAREHOLDER

STRUCTURE

MOVING FROM A BIG

COMPANY TO GREAT COMPANY

FOCUS ON CORE BUSINESS WITH HIGH TECHNICAL EXPERTISE

STRONG INTERNATIONAL EXPANSION PROCESS : NEW MARKETS ( USA – OTHERS)

STRONG DEVELOPMENT OF CONCESSIONS AND INDUSTRIAL CONSTRUCTION AREAS

LEAN CORPORATE STRUCTURES AND PROFITABILITY

TARGET OF TOTAL CORPORATE DEBT REDUCTION

Present in more than 30

countries with more than 26,000

employees

The 6th largest company in the world in management and

operation of infrastructure*

*Source: Public Works Financing, October 2016 6

GROUP OVERVIEW

Key figures Sacyr has strong international presence with increasing margins

KEY FINANCIALS

ORIGIN OF REVENUES (2016)

Figures in € million 2015 2016

Business Portfolio 26,845 25,965

Revenues 2,949 2,860

International 54% 52%

EBIT 148 208

EBITDA 318 360

EBITDA margin 10.8% 12.6%

Workforce globally** 29,027 26,384

EBITDA BREAKDOWN (2016)

Construction Services Concessions Industrial

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REVENUES (2016)

GROUP OVERVIEW

€26 bn total backlog 52% international

Backlog

Concessions Services Construction Industrial

INTERNATIONAL PORTFOLIO

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Throughout its 20 year track record, Sacyr Concesiones has proven its expertise and technical know-how, as well as its financial capacity with committed global investment amounting to 25 billion euros. Specialized in greenfield projects in which it handles design, financing, construction and management of infrastructure assets.

This global business concept, combined with an active project management, allows the company to bring added value to its concessions, thereby attracting the participation of strong financial partners.

MIX CONSTRUCTION/OPERATION € million 2016

REVENUE 552

Concessions 243

Construction 309

EBITDA 207

EBITDA / REVENUE 66.8%

€ million 2016

BACKLOG 12,926

Spain 5,284

International 7,642

KM 3,605

Hospital beds 2,263

24 assets in operation

→ Young assets with an average remaining life of 26 years

11 assets under construction

→ Investment under management exceeds €17 billion

GROUP OVERVIEW

Concessions

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GROUP OVERVIEW

Industrial Sacyr Industrial is the result of the integration of the Sacyr Group’s different companies and specialized areas devoted to engineering and industrial construction activities:

€ million 2016

REVENUE 400

EBITDA 30


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Electrical infrastructures: transmission lines and electric substations,; Installations in low, medium and high voltage; CADA systems.

Energy and industry: conventional and renewable generation plants; cogeneration and trigeneration; EPC of process and industrial plants; operation and maintenance of power plants and industrial installations.

Oil and gas: pipelines, gas pipelines Oil & Gas pipelines, and compression stations; infrastructures and installations in Oil & Gas and LNG; biofuels.

Environment and mining: treatment plants and waste energy recovery plants; infrastructure, auxiliary systems and process plants for the mining industry.

Agua: desalination of brackish and seawater through Reverse Osmosis (RO) and Reverse Electrodialysis (RED); treatment of drinking and waste water; purification and reuse: tertiary treatment of urban and industrial wastewater.

GROUP OVERVIEW

Industrial Engineering Department with over 150 specialized technicians

Own technological processes for waste treatment

International reference in the field of treatment and waste recovery

International reference in cogeneration and biomass

Over 40 designed and built plants in the waste treatment area

References for over 900 Mw in generation and cogeneration

Over 100 Mw installed in waste energy recovery

Over 170 technicians specialized in operation and maintenance of plants

Operation of over 150 Mw in generation plants

More than 100 water treatment plants

MAIN FIGURES

It is engaged in intense commercial activity with a view to penetrating new markets, especially Latin America (Mexico, Colombia, Panama, Peru,

Bolivia, Chile) and Middle East (Oman, Qatar, Kuwait and UAE)

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MAIN MAGNITUDES

Sacyr Fluor: strategic acquisition 50% Fluor S.A. EPC Projects.

Sacyr Nervión: maintenance of industrial facilities.

Isotrón: EPC electricity generation and transmission tenders.

Sadyt: EPC water projects

HIGHLIGHTS

MUNICIPAL SERVICES

WASTE TREATMENT

ENVIRONMENTAL WORKS

ENVIRONMENT

FULL WATER CYCLE

WATER TREATMENT PLANTS

WATER FACILITY MANAGEMENT

HOME ASSISTANCE

CATERING

INFRASTRUCTURE CONSERVATION

MINING

MULTISERVICES

Valoriza develops a wide range of businesses, permanently focused on providing a complete service for its clients and meeting all their needs.

GROUP OVERVIEW

Services

Established in 2004, when Sacyr decides to create an independent area focused

on environmental services, full water cycle and other related activities.

€ million 2016

REVENUE 908

Environmental 347

Water 167

Multi-services 391

EBITDA 76


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GROUP OVERVIEW


WHAT WE DO


STRATEGY


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Sacyr Construcción is a leading infrastructure company encompassing all kind of infrastructure projects (civil works, highways, metro and railway projects, buildings, airports, ports and hydro) worldwide.

Sacyr Construcción has always upheld such principles as meeting deadlines, promoting innovation and internationalization of the construction business, building with high standards of safety and quality and respecting the environment.

ESTABLISHED IN 1986

Construction

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€ million 2016

REVENUE 1,250

Spain 329

International 921

EBITDA 58


€ million 2016

BACKLOG 4,131

Spain 16%

International 84%


Backlog 2016 breakdown

Total 2015 = € 4.1 billion

KEY FIGURES

Europe 39% America 43% Africa 15% Asia 3%

BY COUNTRIES BY ACTIVITIES

Highways 53%

Non residential building 23%

Urbanizations 4%

Railways 12%

Hidraulic works 3%

Residential building 1%

Airports 2%

Others 2%

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Italy 18%

Spain 16%

Colombia 16%

Chile 15%

Angola 14%

Others 4%

Peru 3%

Qatar 3%

Brazil 3%

Portugal 3%

Mexico 3%

U.K. 1%

Uruguay 1%


Turnover 2016 breakdown

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Spain 26%

Chile 22%

Italy 11%

Portugal 8%

Angola 7%

Colombia 6%

Mexico 5%

UK 3%

Qatar 3%

Peru 2%

Brazil 2%

Mozambique 2%

Cape Verde 1%

Others 2%

Highways 39%

Non residential building 19%

Others 13%

Railways 12%

Hidraulic works 11%

Residential building 4%

Urbanizations 2%

BY ACTIVITIES BY COUNTRIES

KEY FIGURES

GROUP OVERVIEW

Internationalization of construction activity

1986

1986 Creation of

Sacyr

1996 Chile

2016 Oman

Ecuador

2000 Portugal

Brazil Cape Verde

Angola Mozambique 2005

Costa Rica

2004 Italy

Algeria

2007 Ireland

2008 Australia

Libya

2009 Awarded

contract for the Panama Canal’s third lock system

2013 Qatar India Togo Peru

Mexico

2012 Colombia

Bolivia

2015 Uruguay

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2017

2017 Paraguay

Kuwait

GROUP OVERVIEW


WHAT WE DO


STRATEGY


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WHAT WE DO

More than 3,300 km of highways, 64 km of tunnels and more than 107 km of viaducts projects in Portugal, Spain, Italy, Ireland, Chile, Costa Rica, Colombia, Uruguay, Peru, Brasil and Angola

€ 16 BILLION IN EXECUTED PROJECTS

Highways

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Pedemontana-Veneta, Italy € 2,500 M

Roma – Latina, Italy € 2,800 M

Americo Vespucio Oriente highway, Chile € 605 M

Rumichaca–Pasto, Colombia € 537 M

Longitudinal de la Sierra, Peru € 340 M

Pumarejo Bridge, Barranquilla, Colombia € 223 M

Costanera Norte highway (I & II), Chile € 224 M

Road North Kabad - Al Salmi, Kuwait € 230 M

WHAT WE DO

CURRENT PROJECTS:

MAJOR PROJECTS EXECUTED:

Vasco Gama Bridge Highway, Lisbon, Portugal € 794 M

DG-48 Salerno-Reggio Calabria, Italy € 815 M

N6 Galway-Ballinashoe, Ireland € 383 M

Las Pedrizas Highway, Spain € 330 M

La Serena – Vallenar, Chile € 300 M

Highways

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WHAT WE DO

High-speed railway


Madrid- French border. Urban tunnel Sants – La Sagrera (Barcelona) of 5.9 km. € 179 M

North - North East. Tunnel at Guadarrama. Two tunnels of 28,377m. € 896 M

MAIN MILESTONES OVERTAKEN:

Built sections: 377.2 km.

Double platform: 278.9 km.

Double track over ballast: 111.2 km.

Double track on slab: 39.6 km.

Viaducts: 22.1 km.

Tunnel between screens: 18.5 km.

Conventional tunnel: 35.6 km.

Tunnel with TBM: 39.7 km.

€4 BILLION BUILT. €500 MILLION PORTFOLIO IN SPAIN

About 400 Km built (40 km with TBM and 35 km conventional tunnel).

Participating in 42 projects involving 739 km of operation.

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Metro and light rail

WHAT WE DO


Spain: Madrid, Seville, Barcelona, Palma de Majorca, Malaga, La Coruña, San Fernando (Cádiz)

Portugal: Oporto (€ 851 M), Lisbon (€ 828 M)

Italy: Palermo-Orleans railway. € 322 M

Ireland: Luas-Dublin € 75M

Santiago de Chile

UNDER EXCUTION:

MORE THAN €5.5 BILLION IN SPAIN, PORTUGAL, ITALY, IRELAND, MEXICO, BRAZIL AND CHILE

More than 45 km: 7 km with TBM

40 stations and sheds

Sao Paulo Metro, Brazil. € 662 M

Guadalajara light rail, Mexico. € 381 M

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WHAT WE DO

Tunnels

MAJOR PROJECTS EXECUTED: 322 KM : Spain: metro of Madrid, Barcelona, Bilbao, Seville and Palma de Majorca,

tunnels M-30 ringroad (Madrid), tunnels HSR: Abdalajís, Guadarrama, Sants – Sagrera (Barcelona)

Portugal: Oporto and Lisbon metro, upgrade works for the hydroelectric power station Venda Nova

Chile: Américo Vespucio Sur in Santiago de Chile

Italy: highway Cesana – Claviere

UNDER EXECUTION: 39.4 KM

SPAIN, PORTUGAL, ITALY, BRASIL, PERU, MEXICO AND CHILE

Urban tunnels (100 km), highways (86 km), HSR (75 Km), metro and trams (59 km) and hydraulic projects / hydroelectric power stations (102 km)

Spain: 2,2 km in HSR

Chile: Américo Vespucio Oriente and Costanera Norte in Santiago de Chile 5km

Italy: highway Pedemontana – Veneta 16 Km of urban tunnels

Mexico: Guadalajara tram 5 km

Perú: hydraulic project 1 km

Brasil: Sao Paulo metro 5 km

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Airport projects

WHAT WE DO

2 whole airports:

Murcia: € 269.5 M

Ciudad Real: € 270 M

7 Terminals: more than 600,000 m2

Madrid Airport T4 New Terminal: € 912 M

4 Fevereiro Airport, Luanda (Angola): € 153 M

5 flight runways

5 control towers

20 minor projects

€ 1.6 BILLION EXECUTED IN SPAIN, PORTUGAL AND ANGOLA:

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Marine projects

WHAT WE DO

We have 2 caisson-building floating dry docks, having executed over 665 caissons, which is equal to the dike/quay length of 30 km.

MORE THAN € 500 M IN SPAIN, PORTUGAL, BRAZIL, PANAMA, ANGOLA, CAPE VERDE AND TOGO

MAIN PROJECTS:

Spain: Valencia Port sheltering works. € 224 M

Cape Verde: Praia Port expansion. € 101 M

Togo: Lomé Container Terminal Port. € 128 M

Portugal: Ponta Delgada Terminal. Azores. € 71 M

GNL Sines terminal. € 57 M

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Hydraulic projects

WHAT WE DO

RELEVANT PROJECTS:

Third set of locks. Panama Canal: € 3,380 M

Portugal: Alqueva Dam: double curvature arch, Height: 96 m € 113 M

Foz Tua Dam : double-curved concrete arch, Height: 108 m € 162 M

Brazil: 5 sections (255 km) Integration Channel Castanhão RMF € 411 M

In Spain: 9 dams, height from 110 meters. More than € 400 M.

Mira fish factory for Pescanova € 104 M

IN SPAIN, PORTUGAL, PANAMA, BRAZIL, PERU AND ANGOLA

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WHAT WE DO

4.5 million cubic meters of structural concrete,

220,000 tons of steel reinforcement,

62 million cubic meters of excavation,

7.1 million cubic meters dredged material,

16 gates (the largest being 33 meters in height and with a weight of 4,300 tons)

more than 10,000 highly-qualified workers at all levels

PROJECT AND CONSTRUCTION OF THE THIRD SET OF LOCKS WITHIN THE EXPANSION OF THE PANAMA CANAL

Sacyr has led the consortium responsible for the design and construction of the new locks (GUPC): 3 chambers on each side of the Canal (Pacific and Atlantic) with 427 meters in length, 55 meters in width and 18.3 meters in depth each:

The project included a high level innovative solutions for the design and execution of the best solution, among others:

A special concrete mix design that, among other aspects, provided maximum resistance and zero permeability.

Unique design, manufacture, transfer and installation of the new gates (16 in total), of enormous dimensions and requiring a meticulous installation,

The new locks fill and empty more rapidly, 7% less water; the nine lateral basins employed for the reuse of water make it possible to save up to 60% of this precious commodity.

Hydraulic projects

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WHAT WE DO

Non-residential buildings

IN SPAIN, PORTUGAL, UNITED KINGDOM, CHILE, BRAZIL, ANGOLA, CAPE VERDE AND MOZAMBIQUE

Spain:

Sacyr Tower. Madrid,236 meters high.€ 181 M

Railway terminal station.Logroño € 135 M

Campus Repsol Offices. Madrid. € 127 M

Portugal:

Casa da Música,Oporto € 119 M

Church of the Holy Trinity, Fátima €80 M, 8.800 seats

Oriente Station, Lisbon € 217 M

Data center for Telecom Portugal € 90 M

Angola:

Kinaxixi complex € 352 M

Chile:

New Town Hall.Coquimbo € 23 M

United Kingdom:

New buildings Coleraine Campus, University of Ulster, € 165 M

Cape Verde:

Riu Touareg Hotel in Lacacãob. € 34 M 28

WHAT WE DO

Hospital buildings

€ 2 BILLION IN SPAIN (4,700 BEDS), PORTUGAL (1,306 BEDS), ANGOLA (849 BEDS), CHILE (950 BEDS), MEXICO AND PERU

Spain: Puerta de Hierro Hospital. Madrid € 221 M, Asturias University Hospital. Oviedo € 205 M, Valladolid Hospital € 97 M

Chile: Antofagasta Hospital 671 beds -€ 240 M

Hospital Quillota-Petorca 282 beds – € 107 M

Portugal: Braga Hospital – 700 beds € 120 M; Vila Franca de Xira Hospital – 280 beds € 102 M; Santo Espírito de Isla Terceira - 236 beds € 61.7 M;

Angola: Lucrecia Paim Maternity Hospital – 400 beds € 37 M

México: Queretaro Hospital 260 beds - € 42 M

Perú: Junin Hospital (Región Central) € 46 M

MAIN PROJECTS:

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Stadiums

WHAT WE DO

Portugal: Luz Stadium, Lisboa 65,000 seats

(€167 M), Dragão Stadium, Oporto 50,000 seats (€ 120 M),

Bessa Séc XXI Stadium, Oporto 30,000 seats (€ 51 M),

Dr Magalhães Stadium, Leiria 29,000 seats (€ 46 M),

Algarve Stadium 30,000 seats (€ 9.8 M)

MAIN PROJECTS:

5 STADIUMS: TOTAL OF 204.000 SEATS

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WHAT WE DO

Urbanization & facilities projects

Qatar: Infraestructure, Roads & Landscaping for QEZ-1 (Ras Bufontas Economic Zone) (€ 407 M)

Spain Urban UZO backbone of Vallecas 3.1 (Madrid) (€ 121 M)

Angola: Fuel Park in Soyo (€ 71 M)

Libya: Al Bayda urban development (€ 384 M), 4 Bengazhi Subsector urban development (€ 219 M)

MAIN PROJECTS:

IN SPAIN, PORTUGAL, QATAR, ANGOLA AND LYBIA

More than 30 development projects and management of land for development carried out in Spain to date, with the amount of construction exceeding € 800 million.

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GROUP OVERVIEW


WHAT WE DO


STRATEGY


32


Strengths of the construction activity:

Broad international construction and concession experience

High qualification and experience in most types of construction

Participation in major and large-scale projects

Delivering in time and in budget with the highest safety and quality standards

Synergies

Highly qualified staff and personal

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TBM:

Sacyr owns and fully operates:

A double shield with a diameter of 10 m, made by Mitsubishi Abdalajis Tunnel.

Simple EPB shield of 8.9 m, made by Herrenknecht, Metro of Madrid (lines 1 and 4), and the Metro of Oporto.

A simple EPB shield of 11.5 m, made by Herrenknecht, La Sagrera (Barcelona), currently in Metro de Guadalajara (Mexico)

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Added value through our leading technologic capacity Canal de Panama – Third set of locks

Perth - Largest desalination plant in the world

Pedemontana Veneta highway – False tunnels

Tunnel Sants – La Sagrera , Barcelona – Critical tunneling

Logroño station roof- intersection of 300+ planes

Repsol corporate headquarters – metal, clading structure and lighting

University of Zaragoza – curved walls

Terminal 4 Madrid airport: terminal +runway

Expansion of Valencia harbour – maritime work and special foundations

Sacyr Tower 236 meters high

Holy Trinity church, Fatima; second breaking diaphanous auditorium space

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Constantly updating occupational hazard risk prevention measures, fully complying with the applicable regulations in this matter, as well as further increasing our demanding requirements.

Implementation of R&D projects certified by the Spanish Innovation Accreditation Agency to improve occupational health and safety conditions. E.g.: increasing soundproofing at a keystone plant, detection and alarm systems to avoid accidents at building sites, I-Safe project, operation simulator of winter highway machinery, recycled materials hardened with full bituminous emulsions, odor treatment in industrial processes and water treatment, among others.


Safety

At Sacyr we work under a Health and Safety Management System that has been certified by means of the OHSAS 18.001 Standard: the international health and safety benchmark.

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Safety The winning of prestigious national and international awards has further strengthened our resolve to keep improving safety, the latest are:

Considerate Constructors Scheme 2017 Award in UK to the Ulster University project in Belfast.

National 2015 Award from the Alares Foundation for Occupational Health and Safety Excellence

2014 ACEX Prize for the I-safe Project

2014 Recognition from Hyder Consulting Middle East Limited (Qatar)

2014 ACEX Prize for the Winter Highway Simulator

Mutual de Seguridad (CChC) in Chile for the Certified Business Program in the Excellence Model (PEC)

Honor Roll in the Four Star Category from the Chilean Building Chamber for Excellence in Prevention Indicators in 2013

ASEPEYO in 2012 for the Best Prevention Practices

2011 REN Award in Portugal for safety at MHV substations

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Repsol Campus Site

Imdea Energía Site Parque Empresarial Bilbao 22 New BIOKIT Site

Rota Control Tower

CC The Style Outlets Viladecans AIRBUS factory

LEED certification

GBC certification

BREAM certification

Valladolid Centenary Square

Quality and Environment Global certification in all 5 continents with systematic follow-up:

Quality: UNE-EN ISO 9001 Environment: UNE-EN ISO 14001

Valid worldwide thanks to its certification with different accrediting entities:


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http://www.google.es/url?url=http://www.etresconsultores.com/certificacion-ambiental-verde-leed-breeam/&rct=j&frm=1&q=&esrc=s&sa=U&ved=0ahUKEwiVtJ7lufnKAhVL1RoKHZwqBP4QwW4IGDAB&usg=AFQjCNHlYLCRhjUS8QiYS-imduDJDOW7dg

http://www.google.es/url?url=http://www.vkgroup.be/en/service/breeam-assessment/&rct=j&frm=1&q=&esrc=s&sa=U&ved=0ahUKEwiftvjx0_nKAhVIMBoKHfFaB1YQwW4IGDAB&usg=AFQjCNF5sTIOmbZSx5fFEwNp58nGM0BF1A

http://anab.org/

Implementation of a Good Environmental Practice System extending legislative and contractual requirements or of any other origin, with activities that guarantee the best environmental results.

Environmental training activities for over 1,900 persons in 2015.

402 audits in 2015

Responsible waste management promoting reduction, reuse and recycling.

Destination of non hazardous waste (RNP's):

Recycling 97.9%

Reuse 2%

Composting 0.1%

Destination of construction and demolition waste (RCD's):

Reuse 79%

Recycling 21%

Quality and Environment


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GROUP OVERVIEW


WHAT WE DO


STRATEGY


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Sustaina bility

STRATEGY

STRATEGY BASED ON:

Sustainable positioning with respect to mayor competitors

Growing internationalization

Scale Focus

Specialization in priory businesses

International growth with local presence in selected number of regions/countries

Eliminating of corporate debt

Diversification of financing sources

2020

Diversification Self perfomance Control risks

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STRATEGY

SOUND STRATEGIC GUIDELINES FOR BUSINESS

Construction International reference in major projects

International growth focused on Latin and North America and the Middle East

Combination of organic growth, partnerships and M&A growth in North America (partnership with Manhattan Construction Group)

Services

Industrial New strategic commitment

Strong development in the sector with focus on the Oil & Gas, Energy and grids segments and the regions of Latin America, North America and Middle East

Capacity building through a combination of organic growth, partnerships and acquisitions

JV with Fluor

Combination of synergies

Infrastructure maintenance: increasing capacities/specialization and gaining scale

Environmental and Facilities Management: developing organically in Spain and exploring internationalization through the “oil spill” model

Water: in Latin America, North America and the Middle East

Concessions Engine for growth and stability

Greenfield investments with focus on Latin America and North America

Rotation of mature assets

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GROUP OVERVIEW


WHAT WE DO


STRATEGY


43


Sacyr has developed a structure of responsibilities designed to definitively implant a model of responsible management and extend it across all levels of the organization, with the ultimate aim of making corporate responsibility a central element of all management decisions.

As the company´s most senior governing body, the Board of Directors is ultimately responsible for defining, promoting and overseeing the group´s Corporate Social Responsibility strategy.

There is also a Corporate Responsibility Working Group, comprising of one representative from each business area and one representative from each of the corporate departments most directly involved in ensuring the company´s responsible management.

The working group is coordinated by a dedicated Corporate Responsibility

Department, which reports directly to the Board.

LOOKING FOR THE MOST VALUABLE STANDARS

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Sacyr, S.A. and its company group ("the Sacyr Group") is the exclusive owner of this document. This document may not be copied, distributed, divulged or published without the prior express consent of the Sacyr Group.

This document does not constitute an offer or invitation to purchase or subscribe for shares under current legislation on the securities market.

This document contains forward-looking statements, which may include statements as to our present intention, belief or expectations about the Sacyr Group and its management, including statements regarding trends that are affected by general economic conditions, financial ratios, the results of operations, businesses, strategies, foreign markets, cost savings, investments or dividends. These statements do not constitute assurances regarding future performance, prices, margins, exchange rates or other events, and are subject to material risks, uncertainties, changes and other factors that are beyond the control of the Sacyr Group or that are difficult to predict.

The Sacyr Group undertakes no obligation to update publicly or revise the forward-looking statements, even where changes in circumstances suggest changes to projections, conditions, or future events, including, inter alia, changes in the Company's business or in its business development strategy. The contents of this disclaimer must be borne in mind by any person or entity handling this document who may be in charge of decision-making and investment. Any such person is invited to consult the documents and public information reported or filed by the Sacyr Group with the major securities markets supervisory bodies, in particular, Spain's Comisión Nacional del Mercado de Valores.

The information contained in this document has not been reviewed by the auditors of the Sacyr Group. Therefore, the information is not final, and may be modified in future.

Disclaimer

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Pº de la Castellana 83 – 85

28046, Madrid. Spain

Phone +34 91 545 50 00

Web www.sacyr.com

Mail [email protected]

Follow us on

https://www.instagram.com/sacyr_s.a/

presentación de powerpoint abr 2017_tcm30-31… · concessions, industrial and services business....

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