fmtg_corporate_profile_english may 2010 with financial data
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Falkensteiner FMTG Corporate ProfileTRANSCRIPT
Falkensteiner Michaeler Tourism GroupCorporate Profile
www.fmtg.com
www.fmtg.com
We Live Tourism!
www.fmtg.com
From a Family-run Businessto an International Company
1957
Foundation of the company (building
of 1st hotel)
1978
Construction of the 2nd hotel
‚Falkensteinerhof‘
1982
Foundation of 1st Incoming Agency
1995
Foundation of Central Purchasing Company
‚GES‘ and of‚Michaeler & Partner‘
1997
Market entry Austria
2001/02
Market entry Croatia and Czech
Republic
2006/07
New group structure, move of headquarter to Vienna, market
entry Slovakia
2008/09/10
Market entry Serbia, development of core markets
and regional expansion
www.fmtg.com
Full-range Tourism Supplier
Concept
Development
Construction
Management
www.fmtg.com
Central Purchasing, Human Resources, Marketing/PR, Financial Accounting, Group Reporting, IT
Full-range Tourism Supplier
FMTG ServicesHotelmanagement, Hotels & Residences
Turnover (managed) 2009: € 89.5 Mil.
Michaeler & Partner
External turnover 2009: € 2.1 Mil.
FMTG Development
External turnover 2009: € 12.9 Mil.
FMTG Others
External turnover 2009: € 0
www.fmtg.com
FMTG Business Model
FMTG Development
FMTG Services
External Investor
manages hotels, residences and touristic real estate
uses M&P as preferred partner in project realisation
Feasibilities, Touristic Support, Project Management, On-site Building Inspection, Consulting
develops, realises, owns and sells real estate
gives input and feedback
pays rent to owner
sells real estate
hands over completed project
www.fmtg.com
• Regional „Player“ in destination markets (Top 3 in each business field)
• Clear focus on core competencies
- Concentration on tourism
- Concentration on 4 product lines (Family, Wellness, City, Residences)
- Focus on 4*/4*S Hotels
• Focus on core brands
- Falkensteiner Hotels & Residences, FMTG, Michaeler & Partner
• Concentration on existing markets and regional growth
Strategies
www.fmtg.com
• Austria • Croatia
• Italy • Southern Germany
• Czech Republic • Slovakia
• Former Yugoslavia (Serbia, Bosnia Herzegovina, Slovenia, Montenegro)
Markets
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Falkensteiner Hotels & Residences
www.fmtg.com
• Management, marketing and
operative direction of hotels,
residences and resorts
– Own projects
– Management and partner projects
• Currently 24 Falkensteiner Hotels
and 2 Residences in
– Italy - Austria
– Croatia - Czech Republic
– Slovakia
• Management of other hotels under
private brand in Austria, Italy and
Croatia
Falkensteiner Hotels & Residences
www.fmtg.com
Falkensteiner Hotels & Residences
www.fmtg.com
• 4 strategic product lines
– Family
– Wellness
– City
– Residences
• 5 new openings within 2011
Falkensteiner Hotels & Residences
www.fmtg.com
FMTG Development
www.fmtg.com
• Development and implementation
of tourism-related real estate
projects
– Evaluation and selection of
appropriate locations
– Development of ideal usage
concepts
– Project financing
– Project development and efficiency
optimisation of planning
– Project realisation and utilisation
FMTG Development
www.fmtg.com
• 3 types of projects:
– City- and Holiday Hotels
– Mixed-use Holiday Resorts
– Mixed-use Hotels & Commercial
Real Estate
FMTG Development
www.fmtg.com
Michaeler & Partner
www.fmtg.com
• Service company with 360°
consulting expertise in tourism
– Tourism Development
– Project Management
– Planning & Engineering
– Hotel & Tourism Consulting
• Comprehensive international
know-how on the initial
concept up to the final
realization of tourism projects
Michaeler & Partner
www.fmtg.com
• Strategic consulting and
support for investors, banks,
destinations and entrepre-
neurs in the tourism sector
• Over 300 realized
international projects
Michaeler & Partner
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New Projects 2010 - 2013
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Own projects (in terms of joint ventures, ≤ 50% FMTG)
• Falkensteiner Hotel & Spa Iadera, Punta Skala (HR)
2011 210 rooms
• Falkensteiner Hotel Novi Beograd, Belgrade (SRB)
2011 171 rooms
• Falkensteiner Grand Spa Hotel Atlantis, Frantiskovy Lazne (CZ)
2012 165 rooms
• Falkensteiner Hotel & Spa Jesolo Lido, Jesolo (I)
2012 122 rooms
• Falkensteiner Hotel Margaretengürtel, Vienna (A)
2012 186 rooms
• Falkensteiner Hotels & Residences Enzian (Mixed Use), Katschberg (A)
2013 130 rooms/ 40 apartments/ 40 chalets
Own Projects
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Management contracts
• Falkensteiner Hotel Palermo, Palermo (I)
2010 84 rooms
• Falkensteiner Residences Lagorai, Dolomites - Tesine (I)
2011 72 hotel apartments
• Falkensteiner Hotels & Residences Crvena Luka Bay, Crvena Luka (HR)
2011 57 rooms/ 56 apartments/15 chalets
• Falkensteiner Hotels & Residences Cesenatico, Cesenatico (I)
2013 165 rooms
Management Contracts
FMTG Financial Data
www.fmtg.com
Financial Data
Balance Sheet 2009 2008 2007
Non-current assets 178.430 287.901 189.978
Current assets 43.506 60.599 30.165
Balance sheet total 221.936 348.500 220.143
Debt 183.329 324.613 188.168
Equity 38.607 23.887 31.975
Equity ratio in % 17,40% 6,85% 14,52%
Economic equity 55.590 46.199 44.304
Economic equity ratio in % 25,05% 13,26% 20,13%
Investments in property, plant and equipment and intangible assets 42.704 78.347 38.033
Net debt 108.579 241.042 129.891
Gearing in % 281% 1.009% 388%
Ø no. of employees FMTG incl. managed companies 1.422 1.300 n.a.
www.fmtg.com
Financial Data
Profit & Loss Account 2009 2008 2007
Turnover managed 104.040 96.994 n.a.
Turnover Group 69.662 74.945 67.200
EBITDA 23.067 12.969 17.394
EBITDA ratio 33,11% 17,30% 25,88%
EBIT 15.186 8.461 13.084
Earnings before taxes 4.952 -505 9.452
Profit for the year 4.621 282 8.692
Profit apportionable to shareholders of FMTG 6.459 640 8.476
Gross cash flow 1.644 1.081 4.324
Falkensteiner Michaeler Tourism Group Corporate Profile
Columbusplatz 7-81100 Vienna (Austria)
Tel.: +43 1 605 40 0Fax: +43 1 605 40 01
The sole purpose of this presentation is to provide information; it is not intended to form the basis for any final investment decision.
The information contained in this presentation has been collected accurately and conscientiously. Also the forecasts of anticipated future profits, consulted for the preview, have been collected and estimated accurately.
Neither the Falkensteiner Hotel Management GmbH nor their respective officers, employees or other representatives are taking over any warranty for accuracy, trueness, completeness and actuality of information and estimations contained in this presentation. Any liability therefore is expressly excluded/disclaimed.
The presentation has to be dealt confidential and must not be reproduced or passed to third-parties without the prior written authorization of Falkensteiner Michaeler Tourism Group GmbH.
www.fmtg.com