Solid Execution, Backlog Additions and Blueprint for Capacity Expansion
Our key performance indicators
People Planet
LTIF
Net CO2 emission
Contributed to
Project deliveries
Contract wins
4.98
0
ton
1,873
MW capacity
Hollandse Kust Zuid
Dogger Bank C, Maasvlakte 2 & 36 Kton exclusive
Profit
Contribution
EBITDA
Dividend proposal
ROACE
Order book for 2022-2024
€114.2
Million
€39.1
Million
€0.19
43.2%
430
Kton
Operational highlights:
Total throughput of approximately 171 Kton of steel (2020:164 Kton) or 188 monopiles and primary steel for 55 transition pieces;
Fabrication of foundations for Dogger Bank A: largest in Sif history with 8.60 diameters;
Marshalling services for Kincardine floating offshore wind farm;
Carbon neutral footprint through compensation from HaliadeX @13 MW wind turbine;
Acquisition of KCI the engineers B.V. to strengthen engineering skills and capacity;
Completion of new roll-on roll-off (RoRo) quay;
Completion of blueprint for strategic expansion plan to increase production to ᴓ11.5 meters and 500 Kton production capacity.
Key figures 2021[1]:
Dividend-proposal €0.19 per share (€0.12 in 2020);
Year-end 2021 net working capital -/- €65.8 million (YE 2020 -/- €2.9 million);
Year-end 2021 cash €73.2 million (YE 2020 cash of €2.6 million).
In € million
FY 2021
FY 2020
change YOY
Contribution
114.2
101.6
+12.4%
Adjusted EBITDA
39.4
31.8
+23.9%
Earnings after tax (attributable to the shareholder)
11.6
7.3
+58.9%
Production in Kton
171
164
+4.3%
EPS in €
0.45
0.29
+58.9%
LTIF in injuries per mln working hours
4.98
2.48
+99.2%
Gross CO2 emission per ton
21.5
19.3
+11.4%
Order book in Kton
For 2022
For 2023 & beyond
Contracted
180
214
Exclusive negotiations
36
For the full release we refer to the PDF attached
[1]All numbers presented are including IFRS 16-effects, unless stated otherwise.
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Disclaimer
Sif Holding NV published this content on 18 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2022 06:10:05 UTC.
Sif Holding N.V. specializes in the design and manufacturing of components used in offshore foundations for wind farms projects. The group primarily offers monopiles, transition pieces and piles that are used to anchor jacket foundations in the seabed for offshore wind turbines.
At the end of 2023, the group had 2 production sites located in the Netherlands.
Net sales are distributed geographically as follows: the Netherlands (3.4%), the United Kingdom (61%), Germany (19.6%), France (10.4%), Norway (1.8%), Belgium (1.1%), European Union (0.4%) the United States (1.9%) and other (0.4%).