Presentation 1 Introduction
Teixeira Duarte - Engenharia e Construções, S.A. is 100% owned by Teixeira Duarte, S.A., a company listed on the Lisbon Stock Exchange, and the majority of its capital is held by the Teixeira Duarte Family.
Teixeira Duarte carries out complex projects in which design, engineering and management are an integral part of its 1938 - Eng. Ricardo Esquível standing beside a construction activity. pile load test to assess subsidence
In this context, it meets new market demands (e.g. in the field of Public-Private Partnerships) by developing design/construction projects controlling financial risk, in full compliance with the deadlines and contract value.
Douro Litoral Motorway Concession - Portugal Teixeira Duarte is present in all segments of construction, particularly in Buildings, Infrastructures, Rehabilitation and Metalworking, specialising in Geotechnical and Foundation Engineering works.
Extension of La Guaira Port - Venezuela
Presentation 2 Mission and Values
Throughout its 90 years of activity, Teixeira Duarte has given evidence of the continuity of its Mission, which it persues with the same perseverance and enthusiasm, mobilising all those who work for it and inspire its performance.
Mission: To work, towards the construction of a better world.
The Company’s Values are identified by its workers and employees, who make them their own and firmly believe in them. These Values are common to all those involved in the Company’s activities, who share them with all their might, reflecting them in the way they perform their tasks and being aware of their importance in achieving the Company’s objectives.
Presentation 3 Historical Notes
Development of the Company
1921 - “Sociedade Portuguesa de Engenharia, Lda.” is established by Engineer Ricardo Esquível Teixeira Duarte to operate in the field of geotechnical and foundation engineering.
1934 - The company’s name is changed to “Empresa de Sondagens e Fundações, Lda.”, maintaining its core business in the field of geotechnical and foundation engineering.
1939 - The company’s name is changed to “Empresa de Sondagens e Fundações Teixeira Duarte, Lda.”.
1987 - “Empresa de Sondagens e Fundações Teixeira Duarte, Lda.” is transformed into a public limited company, changing its name to “Teixeira Duarte - Engenharia e Construções, S.A.”.
1998 - The company enters the Lisbon Stock Exchange.
2010 - Corporate restructuring with the concentration of capital in a new company called “Teixeira Duarte, S.A.”, a listed company of Teixeira Duarte Group, and “Teixeira Duarte - Engenharia e Construções, S.A.” goes on to focus its business on the construction and public works industry.
Presentation 4 Historical Notes
Development of the Company’s Activities
1921 - Beginning of operations in the field of geotechnical and foundation engineering.
1969 - Development of the Building, Infrastructure and Metalworking areas with the construction of several buildings and public works.
1978 - In Angola, with the construction and support of the installation of the Microwave Telecommunication System.
1978 - In Venezuela, with the completion of a housing development in Caracas.
1982 - In Mozambique, with the repair of the Bridge over the Zambeze River in Tete.
1990 - In Macau, with the awarding of the new Macau-Taipa Bridge, Amizade Bridge.
1994 - Participation in the “Ponte Vasco da Gama” Concession, in Lisbon, including its construction, operation and maintenance for a period of 30 years, financed under a project finance scheme. This project gave rise to a new model of Public-Private Partnerships in Portugal.
2006 - Acquisition of the Brazilian company “EMPA, S/A”.
2006 - In Algeria, awarding of the project to supply water to Mostaganem, Arzew and Oran.
Presentation 5 Integrated Management System and Sustainability
Integrated Management System
Teixeira Duarte associates the strict fulfilment of its contractual and legal obligations with the improvement of its Human Resources, which are seen as its key asset. The training and human and technical development of people are key to the Company’s activity, in which the skills acquired increase their ability to act in the various aspects of implementation of the Projects.
The Company is certified according to standards NP EN ISO 9001 (Quality Management System) in 2002, OHSAS 18001 (Occupational Health and Safety Management System) in 2006, NP EN ISO 14001 (Environmental Management System) in 2008, SA 8000 (Social Responsibility Management System) in 2009, and NP 4457 (Research, Development and Innovation Management System) in 2011, which supports an Integrated Management System, contributing to a common purpose, involving people, ensuring coherent responses, minimising risks, increasing efficiency and optimising resources.
Presentation 6 Integrated Management System
Presentation 7 Operating Markets
Presentation 8 Employees in 2012
Teixeira Duarte Construction Teixeira Duarte Group
Others Venezuela Others 13 Venezuela 439 506 506 Portugal Portugal Mozambique 2,917 1,736 Mozambique 403 705
Brazil 627 Brazil 577 5,970 11,110 Algeria 404
Algeria 404
Angola 2,331 Angola 5,512
Presentation 9 Employees in 2012
Teixeira Duarte Construction Teixeira Duarte Group
Formwork and Pre-stressing Geotechnics 76 and Automobile Metalworking Rehabilitation Energy 780 161 234 224
Distribution 1,038 Infrastructures 2,352
5,9705.938 Hotel Services 11,110 1,580
Construction Real Estate 5,970 Buildings 84 3,147
Concessions and Services 1,434
Presentation 10 Total Income in 2012
Teixeira Duarte Construction Teixeira Duarte Group
Others Venezuela Others 1% 8.9% 0.4% Venezuela Spain 19% 1.4% Portugal 27.5% Portugal Mozambique 26% 3.2%
Mozambique Brazil 5% 6.6%
802.5 M€ 1,695 M€
Brazil Algeria 7% Algeria 4.3% 9%
Angola Angola 47.8% 33%
M i l l i o n s € M i l l i o n s €
Presentation 11 Total Income in 2012
Teixeira Duarte Construction Teixeira Duarte Group
Formwork and Pre-stressing 0.5% Geotechnics and Metalworking Rehabilitation Automobile 3.0% 7.8% 13%
Energy 8% Construction 47%
Distribution 802.5 M€ 12% 1,695 M€ Buildings 37%
Infrastructures 52% Hotel Services 6% Real Estate 8% Concessions and Services 6% M i l l i o n s € M i l l i o n s €
Presentation 12 EBITDA Comparison
Teixeira Duarte Group
M i l l i o n s €
Teixeira Duarte Construction
M i l l i o n s €
Presentation 13 Outlook for the 2013-2015 period Teixeira Duarte Construction
92.4% Millions / % Importance 1,970 2.000 5
1.800 Other Markets
1.600 1,009 Venezuela 1.400
Mozambique 1.200
1.000 Brazil 73.6% 96 800 60 590 Angola 600 8 151 542 26.4% Algeria 400 40 7.6% 212 54 161 200 266 Portugal 258 212 73 161 0 (2012) (2013-2015)
Presentation 14 Construction Activities
Geotechnical and Foundation Engineering
Design and Planning Geotechnical Surveys Instrumentation Injections Jet-Grouting Anchoring and Rock Bolting Piles and Micro-piles Diaphragm Walls Containment Structures
Presentation 15 Geotechnical and Foundation Engineering | Most Recent References
Monorail – Line 17 of the São Paulo Metro / Brazil A17 – Foundations - Bridge over the Mondego River Pile wall – Granada Metro Ø 1200 mm Piles: 5700 ml | Ø 1400 mm Piles: 4660 ml Figueira da Foz / Portugal Granada / Spain Ø 1600 mm Piles: 120 ml | Piles Ø 410 Piles : 3536 ml 2500 Piles: 92 ml 900 Piles: 29 600 ml
Ges Buildings - Lots 2, 3 and 4 – Peripheral Containment Foundations – Headquarter Building of Banco de Extension of Av. Boyacá – Slope Containmment and General Excavation / Luanda / Angola Moçambique Maputo / Mozambique Caracas / Venezuela Peripheral Containment with Diaphragm Wall: 8.051 m2 Diaphragm Wall: 4725 m2 | 1000 Piles: 3600 ml
Presentation 16 Construction Activities
Rehabilitation
Structural Inspection Structural Diagnostics Foundation Repair and Rehabilitation Structural Reinforcement Structural Repair and Rehabilitation Preservation and Restoration of Historical Heritage and Traditional Buildings
Presentation 17 Rehabilitation | Most Recent References
Improvement of the Church of Santa Clara Monastery Rehabilitation of the Martyrs’ Memorial and Gardens Rehabilitation of Nossa Senhora do Loreto Church Coimbra / Portugal Argel / Algeria Lisbon / Portugal
Rehabilitation of Tete Bridge Replacement of the Bridge over the Santa Joana River Reinforcement and Rehabilitation of the Tete / Mozambique Colatina / Brazil Foundations of the International Bridge of Valença do Minho / Portugal
Presentation 18 Construction Activities
Buildings
Large Complex and Multifunctional Buildings Public, Residential and Service Buildings Industrial Complexes Schools Hospitals Hotels
Presentation 19 Buildings| Most Recent References
Chevron / New Headquarter Building TDHOSP / Cascais Hospital TDSP/ “Family Santana” Project Luanda / Angola Cascais / Portugal São Paulo / Brazil Building Area: 34.835 m2 Building Area: 45.863 m2 Building Area: 72.985 m2
Imofarma / Multipurpose Building and Industrial Building ESCOM / Construction of 3 Buildings Special Works Office / National Assembly of Angola Porto / Portugal Luanda / Angola Luanda / Angola Building Area: 48.700 m2 Building Area: 179.227 m2 Building Area: 65.000 m2
Presentation 20 Construction Activities
Infrastructures
Roads and Motorways Bridges and Viaducts Dams Environment Water and Natural Gas Infrastructures Rail Works Tunnels Maritime Works
Presentation 21 Infrastructures | Most Recent References
Douro Litoral / Douro Litoral Motorway Areia Branca Hydroelectric Plant EDP / Power Boosting of the Salamonde Hydroelectric Porto and Aveiro / Portugal Belo Horizonte / Brazil Plant / Portugal Length of the route: 100,7 km Height: 28m | Length: 257 m Length of tunnels: 6.000 m | Excavations: 761.000 m3
Gov. Venezuela / Extension of Av. Boyacá ANESRIF / Modernisation of the Gov. Venezuela / Extension and Modernisation of the Caracas / Venezuela Thenia/Tiziouzou / Algeria Railway Line Porto of La Guaira / Caracas / Venezuela Tunnels: 5.600 m | Viaducts: 6.773 m Length of the route : 50 km Length of the new Container Terminal: 698 m
Presentation 22 Construction Activities
Steel Construction
Structural Steelworks . Buildings . Steel Structures . Façades . Bridges and Viaducts . Steel Bridges . Steel-Concrete Composite Bridges . Rehabilitation Equipment . Manufacture and Installation . Rehabilitation
Presentation 23 Steel Construction | Most Recent References
Steel Structures Steel Structures Façades Steel Bridges
GOE / National Assembly of Angola REFER / Rio de Mouro Station ANA / New Arrivals Building at REFER / Railway Bridge of Alcácer Luanda / Angola Sintra / Portugal Lisbon Airport / Portugal do Sal / Portugal Metal structures: 360 ton Metal structures: 200 ton Metal structures: 350 ton Metal structures: 11.600 ton
Manufacture and Installation of Steel-Concrete Composite Bridges Bridge Rehabilitation Floodgates Rehabilitation of of Floodgates
Gov. Algeria/ New Ring Road of Argel INEA / Repair of the Bridges over the EDP / Floodgates for the Paradela EDP / Rehabilitation of Floodgates Algeria Kwanza River Dam / Portugal Crestuma Dam / Portugal Metal structures: 2.300 ton Angola Two floodgates 8.5 high x 5.5 long
Presentation 24 Additional Resources
Formwork and Pre-Stressing Operational Centre Materials Laboratory Central Department of Equipment Participated in the construction of the National Premises located at the Montijo Operational Centre Participated in the construction of the Douro Litoral Assembly of Angola Concession
To strengthen its operational capacity, Teixeira Duarte has a Formwork and Pre-Stressing Operational Centre, which is a centre of expertise in formwork, and a certified Materials Laboratory, which allows it to obtain global solutions for concrete structures.
The Central Department of Equipment has tools, machines and equipment corresponding to a total fixed asset value of about EUR 249 million, promoting appropriate actions in order to ensure greater efficiency and performance at the worksite, permanently ensuring a global maintenance and repair service with a view to achieving full availability and functionality.
Teixeira Duarte Group has companies specialising in the areas of Tunnels and Underground Works, Maritime, Rail and River Works and in the Overall Management of Buildings, Undertakings, Technical and Industrial Facilities (Facilities Management Services).
Presentation 25 Branches and Subsidiaries
Head Office - Portugal Other Markets / Offices / Branches Subsidiaries
Angola Algeria Brazil Spain Mozambique Venezuela
TEIXEIRA DUARTE – ENGENHARIA TD-EC, S.A. TD-EC, S.A. TD-EC, S.A. TD-EC, S.A. TD-EC, S.A. E.P.O.S., S.A. E CONSTRUÇÕES, S.A. (Angola Office) (Algeria Office) (Spain Office) (Mozambique Office) (Venezuela Office) [Underground Works]
TD-MOÇAMBIQUE, TEGAVEN, CA TD, ALGÉRIE, SPA LDA. SOMAFEL., S.A. EMPA, S.A. RECOLTE, S.A. (Venezuela (Algeria Branch) (Mozambique [Rail Works] Branch) Branch)
OFM, S.A. TEIX.CO, SPA [Maritime Works]
Presentation 26 Building Permit (Construction License)
Presentation 27 TEIXEIRA DUARTE GROUP 2012
Presentation 28 Subsidiary Construction Companies
In some business areas, Teixeira Duarte – Engenharia e Construções, S.A. resorts to the following Group Companies:
E.P.O.S. is a company owned 100% by SOMAFEL is a company owned 60% by OFM is a company owned 100% by "TEIXEIRA DUARTE – Engenharia e "Teixeira Duarte - Engenharia e SOMAFEL, S.A. and specialises in maritime, Construções, S.A.”, with recognised Construções, S.A." and is mainly engaged in river and rail infrastructure works. experience and state-of-the-art technology railway works (tracks and overhead lines). in underground works.
EPOS/Alentejo Pyrite Mines/Drilling, Excavation and Ore Extraction Somafel / Track and Overhead Line / Pinhal Novo Station OFM / Rehabilitation of the West Breakwater at Peniche Port
Presentation 29 Other Business Areas of the Group
CONCESSIONS AND SERVICES | 1984
Teixeira Duarte Group began operating in this area in 1984, in Macao, through a stake in CPM - Companhia de Parques de Macau, S.A., which it still holds today and to which it has added others in Portugal, Angola, Brazil, Spain and Mozambique.
Currently belonging to the Group, they specialise in different business areas, but particularly in technology and property management, environment, transport and concessions (mainly roads). Among these companies are:
This company operates in the environment sector, providing services in several areas, mainly the collection, transport and disposal of industrial and municipal solid waste, maintenance, cleaning and sanitation of industrial and municipal containers, street cleaning, design, construction and maintenance of gardens and green spaces, landfill maintenance and cleaning and maintenance of beaches and coastal areas.
This company is engaged in the management of the new Cascais Hospital for a period of 30 years, including design, planning, construction, financing, conservation and maintenance activities.
This company is engaged in the study, design, planning, development, construction, installation, implementation, management and operation of an Automatic Urban Transport System (SATU) in the Municipality of Oeiras, which it began operating in June 2004.
This company operates in the Facilities Management sector, i.e. in the management of Buildings, Undertakings, Technical and Industrial Facilities.
Presentation 30 Other Business Areas of the Group
REAL ESTATE | 1973
The Group’s activity in this industry dates back to the early 1970s and currently encompasses a wide range of companies operating mainly in Portugal, Angola, Brazil, Spain and Mozambique. The know-how gained by these multidisciplinary teams has provided the industry with wide experience in the housing, offices, shopping centres, hospitality, healthcare and leisure, industrial/logistics and public parking sectors. Teixeira Duarte Group has completed about 100 real estate projects, representing 700,000m2 of construction, and is currently developing a building potential of over two million m2 and manages assets with a total area of over 500,000m2.
HOTEL SERVICES | 1992
With more than 20 years of experience in this industry, TEIXEIRA DUARTE Group currently operates through eleven hotel units, of which five are located in Portugal, three in Angola and three in Mozambique, totalling 3194 beds and 1576 rooms. Teixeira Duarte also operates in the Fitness sector, mainly with four Health Clubs and a few restaurant units in Portugal and Angola, in the latter country with the “Nilo” pastry shops.
DISTRIBUTION | 1996
The Group began operating in this industry in 1996 and currently involves various international operations, including the activities carried out by subsidiaries based in Angola.
The strong procurement and logistics structure developed in Portugal and supported by local teams in Angola has enabled the optimisation of operations, which, accompanied by the improvement of points of sale and the strong commercial boost given to the brands with which the Group operates, "MAXI", "Bompreço" and "Casa de Coração", have allowed for substantial growth.
Presentation 31 Other Business Areas of the Group
ENERGY| 1996
The Group began operating in this industry in Portugal in 1996 and currently operates in the domestic market in the Liquid Fuels and Lubricants, Gas and Solar Energy sectors, and in Brazil through its subsidiary "ALVORADA PETRÓLEO S/A", which is engaged in the extraction and sale of oil. In the Fuel sector, Teixeira Duarte Group currently operates, either directly or through concessions, 60 AVIA petrol stations. In the Gas sector, the Group operates with the DIGAL brand and has 500 tanks for local supplies and a gas pipeline network of more than 350Km, supplying around 65,000 homes.
AUTOMOBILE| 1991 The Group began operating in the Automobile Industry in 1991, in Angola, and currently works with a number of companies that represent various international brands in the following market segments: Cars: Chevrolet, Honda, Nissan, Mahindra, Peugeot and Renault; Heavy-Duty Vehicles: Renault Trucks and UD Trucks; Motorcycles: Honda, Piaggio, Vespa and Gilera; Trailers: Randon; Forklifts: Nissan Diesel; Generators: Denyo, Pramac, Honda Power Products, Stemac and Powermate.
Presentation 32 Financial Holdings The Group’s Activity in this Sector
Teixeira Duarte Group has several financial holdings of different types and sources, of which the most relevant are those held in the following listed companies:
Millennium Banco Comercial Português, S. A., of which it was a founding shareholder in 1985, has a shareholding interest of 5.47%
BBVA Banco Bilbao Viscaya Argentaria, S. A. is a strategic investment in Spain, whose book value in the 3rd quarter of 2012, expressed in IFRS, stood at EUR 16,458 thousand.
Presentation 33 One mission: “To work towards the construction of a better world”
Presentation 34 Contacts
OFFICES
• Azores Head Office Rua de São Gonçalo, 203-2º Esq. • Algeria • Spain Lagoas Park, Edifício 2 9500-343 Ponta Delgada Parc Miremont - Rue A, Nº 136 Bouzareah Avenida Alberto Alcocer, nº 24 - 7º C 2740-265 Porto Salvo Tel.: (+351) 296 288 095 16000 Alger 28036 Madrid Fax: (+351) 296 288 098 Tel.: (+213) 219 362 83 Tel.: (+34) 915 550 903 PORTUGAL Fax: (+213) 219 365 66 Fax: (+34) 915 972 834 Tel.: (+351) 217 912 300 • Madeira Fax: (+351) 217 941 120/21/26 Rua das Pretas, 4 - 2º Dto. • Angola • Macau 9000-049 Funchal Alameda Manuel Van Dunen Rua de Xangai, nº 175 Tel.: (+351) 291 206 930 316 / 320 - A Edifício Assoc. Com. de Macau, 10º A/E Macau Fax: (+351) 291 225 331 Caixa Postal 2857 - Luanda Tel.: (+853) 28 780 288 Tel.: (+244) 222 641 500 / 222 641 501 Fax: (+853) 28 780 188 Teixeira Duarte Operational Centre • Porto Fax: (+244) 222 641 560 Av. da Indústria, 540 Edifício Tower Plaza • Morocco Rotunda Engº Edgar Cardoso, • Brazil Espace Porte d’Anfa, 2ème Étage, 2870-635 Alto do Estanqueiro nº 23-Piso 8 Rua Iguatemi, 448 - 14º Andar, Batiment B, 218+C19 Jardia - PORTUGAL 4400-676 Vila Nova de Gaia Conj. 1401 Angle Boulevard Moulay Rachid Tel.: (+351) 219 948 000 Tel.: (+351) 226 166 180 CEP 01451 - 010 - Itaim Bibi et Rue El Mansour Fax: (+351) 226 104 297 São Paulo 20050 Casablanca (+351) 210 096 800 Tel.: (+55) 112 144 57 00 Tel.: (+212) 223 62 890 Fax: (+351) 219 554 536 Fax: (+55) 112 144 57 04 Fax: (+212) 223 62 647 (+351) 210 096 888
Avenida das Américas, nº 700 • Mozambique Bloco 6 Sala 134, Barra da Tijuca Av. Julyus Nyerere, 130 - R/C 22.640-100 Rio de Janeiro Maputo Tel.: (+55) 212 493 06 13 Tel.: (+258) 214 914 01 Fax: (+258) 214 914 00 EMPA , S/A Rua Major Lopes, 800 • Venezuela Bairro de S. Pedro Tegaven - Teixeira Duarte y Asociados, CA CEP 30330-050 Av. Venezuela del Rosal, con Calle Mohedano, Belo Horizonte - MG Torre JWM, frente al BOD, piso 5, El Rosal www.teixeiraduarte.pt Tel.: (+55) 313 311 4788 1060 Caracas May / 2013 Fax: (+55) 313 221 4256 Tel.: (+58) 212 951 2012 [email protected] Fax: (+58) 212 953 7409
Presentation 35