Doosan Enerbility (034020) Investor presentation summary

Company overview and strategic direction

• Transitioned from heavy machinery manufacturing to a global energy solutions provider, with a focus on sustainable and carbon-neutral business since 2022.

• Core business areas include nuclear, gas turbine, renewable energy, hydrogen, and digital manufacturing.

• Over 128 years of experience in power services and more than 330 global projects executed.

Growth strategy and market outlook

• Global power demand is rising, driven by electrification, AI, and data center expansion, with annual generation capacity expected to grow over 5%.

• U.S. and Korea are expanding nuclear and gas power, with significant public support for nuclear energy.

• Focused on high-margin growth in nuclear and gas, with large-scale and SMR nuclear projects and hydrogen turbine development.

Financial guidance and profitability

• Mid-term plan targets accelerated growth in nuclear and gas, with orders projected to rise 23% and sales 16% by 2026.

• EBIT expected to increase 58% by 2026, with margin expansion from a higher-quality backlog and coal phase-out.

• Order backlog forecasted to reach KRW 48tn by 2030, supporting stable revenue and profitability.