We believe with you
REAL ESTATE
CONSTRUCTION
SERVICES
INDUSTRIAL
INFRASTRUCTURE CONCESSIONS
2014
Paseo de la Castellana 83-8528046 MadridTelephone: +34 91 545 50 [email protected]
Follow us on
USA/ 2014
Israel
Sacyr is a long-term project that began 28 years ago. We are moving forward to tackle the future every day and grow upon our solid foundations. Our company boasts the best possible team of well-established professionals. Our customers are well aware of our prestige, and we have a diversi�ed, global portfolio of projects and services.
Sacyr, the spirit of enterprise that has de�ned our company and accompanied us since 1986.
Chile
BrazilAngola
Togo
Cape Verde
Portugal
Ireland
UnitedKingdom
Italy
India
Australia
Qatar
Algeria
Libia
United Arab Emirates
Peru
Bolivia
Colombia
Mexico
UnitedStates
Panama
Commitment tointegrity.
Focus on people, equal opportunities and non-discrimination, and a team spirit.
Search for excellence, striving to reach the highest possible levels of quality.
Innovation as a tool of competiti-veness and leadership against our peers.
Concern for the environment and respect for our surroundings.
Our values Sacyr maintains its speci�c hallmark values on which each project is based.
SpainFrance
Mozambique
Because we believe that innovation is the only way to be competitive.
Because we believe that the only market is the entire world. If you believe like we believe, we believe with you.
1
Commitment and the vocation of a leader
Sacyr is an international diversified group with five complementary areas of business: construction, infrastructure concessions, services, property management and high-quality urban housing.
It holds a significant stake in Repsol, an international integrated oil and gas company. Spain’s second largest company in terms of turnover, and one of the world’s 100 largest.
Sacyr conducts sustainable and cost-effective business management, constantly striving to lead the way in technology and to surpass levels of efficiency in operations across all five continents.
over
23,000 employees
more than
37billion euros
in projects and services portfolio
over
3billion euros in operating
income in 2013
2
Construction
Leading the world market in major projects
At Sacyr Construcción and Somague, we specialize in civil engineering and construction work. The group works on all infrastructure programs (high-speed rail networks, subway systems, harbor and airport construction work, toll roads and highways, dams etc.).
As part of their commitment to the customer, our companies have always maintained the principles of meeting construction deadlines, a focus on innovation and globalization of the construction business.
• Roadtransport• High-speedrail• Metroandtramlines• Airportprojects• Portconstructionprojects• HydraulicanddesalinationWorks• Buildingandrenovation
Turnover of more than
1.9 billion euros
1,891
1,359
Breakdown of the works portfolio by geographic areas (%) 2013
Breakdown of turnover by types of works (Million Euros) 2013
Spain19
Portugal5
Italy23
Angola4
Chile15
Brasil3
Other countries26
Panama4
132
400
Civil engineering
Non-residential construction
Services and others
Total turnover
A business portfolio worth over
4.5 billion euros
3
Recent major projects
Spain: ExtensionworkattheMadrid-BarajasInternational Airport. Terminal 4 // Madrid-Barcelona-Frenchborderhigh-speedrail line. Sants-La Sagrera Tunnel //High-speedraillineintheBasqueCountry // ExtensiontoLine9ontheMadridsubway //LasPedrizasHighway// Repsol campus // Sacyr Tower
Panama:ExpansionworkonthePanamaCanal. Third set of locks
Chile: Construction of the Vallenar-Caldera Highway//IquiqueAccessHighway
Italy:Tollroad:Pedemontana-Veneta // Salerno-ReggioCalabriaHighway
Portugal: NewhospitalinBraga// Reservoir
1
Construction of the third set of locks for the Panama Canal. Pacific Zone
2
Construction of Henares Hospital, Coslada. Madrid. Spain
2 3
4 5
1
3
Construction of seawalls at Valencia’s port. Spain
4
A8 highway. Cadagua link. Bilbao. Spain
5
Plaza de la Encarnación. Seville. Spain
4
We create future value
Concessions in the portfolio in 6 countries (Spain,Portugal,Italy,Chile,IrelandandPeru).
34
Km operated on concession
22 highways7 hospitals2 transport hubs1 subway line1 airport1 service station company
Diversified business
2,918
Operation of the Guadalmedina Highway Spain, MalagaOperation: 28.04 km
La Serena-Vallenar Highway Chile Investment: 435 US million dollars
The most recent milestones are as follows:
Américo Vespucio Oriente Highway ChileInvestment: 710 million euros
Section 11 of the Longitudinal de la Sierra highwayPerúInvestment: 400 million euros
Concepción-Cabrero HighwayChile Investment: 285 million euros
Start-up of Braga Hospital PortugalCapacity: 705 beds
Infrastructure concessions
Sacyr Concesiones hasbeenworkingonconcessionprojectsforthelast18years. Its offers also encompass operations and maintenance work.
5
1
2
3
4
1
Braga Hospital. Portugal
2
AP46 Málaga- Las Pedrizas Toll road. Spain
3
Vallenar-Caldera Highway. Chile
4
N-6. Stretch. Galway-Ballinasloe. Ireland
6
Dynamism and a focus on customers
Turnover by business activities(%) 2013
Business portfolio by areas of business(%) 2013
Water
28
27
20
25
Multi-services
Industrial and Energy
Industrial and Energy
Environment 25
53
8
14
Environment
Water
Multi-services
Services
Valoriza operates a wide range of businesses, focusing at all times on a comprehensive service for customers, addressing their needs with higher returns thanks to a selective choice of business activities.
Industrial and EnergySacyr Industrial
•Engineering•Powerplants•Oilandgas•Electricalfacilities•Construction
and operation of thermosolar plants
•Biomassandcogeneration facilities
•Wasteprocessing
WaterValoriza Agua
• Integratedwatercyclemanagement
•Productionofdrinkingwater
• Desalination• Purificationand
reutilization of water
Environment. Valoriza Servicios Medioambientales
•Municipalservices•Wasteprocessing•Landscaperestoration•Environmentalprojects
Multi-services
•End-to-endbuildingmaintenance
•Industrialmaintenance•Maintenanceand
upkeep of toll roads•Highwaysandother
road systems•Maintenanceofdams
and canals•Highwayandtollroad
service stations•Healthcareservicesand
end-to-end operation of hospitals
•Urbanmovility
7
1
2
4
3
1
Desalination plant in Ashdod. Israel
2
Los Hornillos integrated waste processing plant. Valencia. Spain
3
Infrastructure maintenance
4
Hounaine desalination plant. Algeria
Integrated solutions
Sacyr Industrial is the most dynamic business area, and also where it is expanding most rapidly. Ourindustrialandservicesexperienceencompassesprojectsacrossallfivecontinents-theSinesLNGPlant(Portugal),theLaPampillaRefineryDesulfurizationPlantinPeru,andsubstationsforSSE in Scotland.
Industrial procurements areas:
Sacyr Industrial
8
Power plants and industrial facilitiesSacyrIndustrialisaleadingspecialistin“turnkey”projects(EPC)forindustrialfacilitiesandpowerplants.
SacyrIndustrialhasundertakenpowergenerationprojectsusing the following technologies, among others:
•Cogeneration(simpleandcombinedcyclesandtrigeneration)•Electricitygenerationfrombiomass•Thermoelectricsolarpower•Photovoltaicsolarpower•Windpower•Geothermalpower•Districtheatingcooling
EnvironmentSacyr Industrial is one of the world’s leading companies in terms of design, financing, construction and operation of treatment and recovery plants, and also in mining operations and processing plants.
over 130 projectsbuildingindustrialfacilities and power plants
Energy for
1,250,000households
Consumers
5.6million
34waste management
facilities in operation
43waste
management facilities built
Oil and gasSacyr Industrial has sufficient experience and capacitytocarryoutEPCprojectsinthefollowingareas:
•Oilandgaspipelinesandcompressorstations• Gasprocessingandfractionationplants• Naturalgasliquefaction,regasificationandstorage• Refineriesandthepetrochemicalindustry• Ancillaryservicesandoffsites• Hydrocarbonstorageterminalsandplants• Biofuels
Electricity gridsSacyrIndustrialcarriesoutengineeringprojectsand builds high-voltage power lines and low-voltage, medium-voltage and high-voltage electricity substations
• Powerlines•OutdoorGISsubstations(SF6)
Benchmarkinbiomassenergy recovery
9
1
23
1
Gas collection system from the Campo de Margarita gas well. Bolivia.
2
3D Design Desulphurisation Unit at the La Pampilla refinery in Peru
3
El Maresme energy recovery plant
10
Driving force
Sacyr operates in some 25 countries across all five continents.
The company continues to boost international operations through its five divisions, which produced turnover of over 1.6 billion euros outside Spain in 2013.
Sacyr’s headcount abroad now accounts for 34.7% of the total workforce.
Turnover from international operations in 2013 accounted for 53% of the total, compared to 43% the previous year.
Internationalbusinesscomprises53%oftheprojectsand services portfolio. In the construction division thisisalmost81%.
International
53 47
International National43%
53%
Turnover Internationalbusiness(%)
2012
2013
Projects and services portfolioGeographic distribution (%) 2013
11
1
2
34
5
1
DG48 Salerno-Reggio Calabria highway. Italy
2
Doctor Agostinho Neto library in Luanda. Angola
3
Bemposta hydro plant. Portugal
4
Perth desalination plant. Australia
5
Palermo tram, Einstein Bridge. Italy
12
Stability and solvency
Testa is Sacyr’s property management company. ItoperateschieflyinMadridandBarcelonawith top-quality assets at prime locations.
Testa has a portfolio of blue-chip customers, such as:Endesa,Indra,Santander,L’Oreal,MeliáHoteles,Hotusa,RocheFarma,PriceWaterhouseCoopers,EspasaCalpe,SonyPicturesandUríayMenéndez,among others.
The portfolio features office space, logistics centers, four-and five-star hotels, residences, shopping malls, senior citizens’ homes and parking lots.
Real Estate
Rentals by product types(%) 2013
Offices
Hotels
Shopping malls
Residences
Logistic centres
Senior citizens’ homes
Parkinglots
Other
61.5
13.5
12
5.5
4
1
0.5
2
13
1
2
4
3
1
Head office of L´Oreal at C/ Josefa Valcárcel 48, Madrid. Spain
2
Hotel Grand Marina. Barcelona. Spain
3 Porto Pi shopping mall. Majorca. Spain
4 Indra head quarter in Av. Bruselas 35. Madrid. Spain
14
R&D+i
We apply innovation in a bid to improve day by day
Year after year, Sacyr is consolidating as a company with an active focus on research and development.
ExpansionofR+Discrucialtothecompany’sfuturemarket leadership.
146 projects carried out
since 2004
12new projects
in the past year
Sacyr’sR+D+imanagementsystemholdsUNE166002:2006 accreditation, and 12 group companies now hold this certification.
Weconductprojectsalongwith22Spanishuniversities, and 17 public research bodies and foundations.
Projects carried outsince 2004
Sacyr Construcción 71
Sacyr 19
Valoriza Servicios Medioambientales 16
Valoriza Conservación de Infraestructuras 11
Cavosa 8
Sacyr Concesiones 6
Sacyr Industrial 6
Sadyt 5
Cafestore 2
Valoriza Agua 1
Sacyr Chile 1
15
1
2
3
4
1
Line 9 of the Barcelona subway. Spain
2
Ronda Sur, Talavera. Cable-stayed bridge. Spain
3
High-speed rail network in the Basque Country. Aramaio-Mondragón routing. Spain
4
La Muela II closed-conduit tunnel, Cortes de Pallás. Valencia. Spain
16
REPSOL
Leadership of the energy market in Spain and Latin America
Sacyr holds a 9.05% stake in Repsol, one of the world’s 10 largest private oil companies.
Operating in more than 30 countries, its activities include oil and gas extraction, transportation, refining and distribution of by-products. In recent years its geographic diversification strategy has seen it buy up block stakes in countries such as Norway,theUnitedStatesandRussia,tobackupitsmarket dominance in Spain and Latin America.
In2013,RepsolpostedEBITDAof6.9billioneurosandnetprofitof1.8billioneuros.
Israel
Sacyr is a long-term project that began 28 years ago. We are moving forward to tackle the future every day and grow upon our solid foundations. Our company boasts the best possible team of well-established professionals. Our customers are well aware of our prestige, and we have a diversi�ed, global portfolio of projects and services.
Sacyr, the spirit of enterprise that has de�ned our company and accompanied us since 1986.
Chile
BrazilAngola
Togo
Cape Verde
Portugal
Ireland
UnitedKingdom
Italy
India
Australia
Qatar
Algeria
Libia
United Arab Emirates
Peru
Bolivia
Colombia
Mexico
UnitedStates
Panama
Commitment tointegrity.
Focus on people, equal opportunities and non-discrimination, and a team spirit.
Search for excellence, striving to reach the highest possible levels of quality.
Innovation as a tool of competiti-veness and leadership against our peers.
Concern for the environment and respect for our surroundings.
Our values Sacyr maintains its speci�c hallmark values on which each project is based.
SpainFrance
Mozambique
REAL ESTATE
CONSTRUCTION
We believe with you
SERVICES
Paseo de la Castellana 83-8528046 MadridTelephone: +34 91 545 50 [email protected]
Follow us on
USA/ 2014
INFRASTRUCTURE CONCESSIONS