Sonae Indústria S.G.P.S — Sonae Indústria — Q1 2016 Earnings Presentation
11 slides from Sonae Indústria S.G.P.S's earnings presentation, May 5, 2016
Slide 1: 1Q16 Results
SONAE INDÚSTRIA 1Q16 Results Investors and Analysts Conference Call 5 May 2016 1
Slide 2: Highlights
SONAE INDÚSTRIA Highlights • Recurrent EBITDA of 32 M€, up by 29% when compared to 1Q15, with improved profitability levels mainly in Europe and North America • Recurrent EBITDA margin of 12.3% (+2.8 pp vs. 1Q15), best quarterly margin since 2007, a reflection of a more efficient and profitable indu
Slide 3: Strategy execution
SONAE INDÚSTRIA Strategy execution • Strategic partnership with Arauco Clearance from both the European and South African Competition Authorities; Completed the majority of the required reorganization of business perimeter; • On-going investment in a fifth melamine surfacing line at our Lac- Még
Slide 4: LTM Recurrent EBITDA
SONAE INDÚSTRIA Highlights of 1Q16 results LTM Recurrent EBITDA Million € +13M€ • LTM Recurrent EBITDA of 114M€ • Up by 13M€ vs. 1Q15 LTM: Last twelve months. 4
Slide 5: Recurrent EBITDA margin
SONAE INDÚSTRIA Highlights of 1Q16 results Recurrent EBITDA margin % Turnover +2.8 pp • Recurrent EBITDA margin of 12.3% • Best quarterly margin since 2007 5
Slide 6: LTM Recurrent EBITDA by region
SONAE INDÚSTRIA Highlights of 1Q16 results LTM Recurrent EBITDA Million € 38 45 41 • Driven by 38 improved 25 28 results in all regions, YoY Southern Europe: Values for “continued operations”. 6
Slide 7: Fixed Costs in % of turnover
SONAE INDÚSTRIA Highlights of 1Q16 results Fixed Costs in % of turnover % • And reduced fixed costs, impacted by on-going streamlining of support costs 7
Slide 8: Contributions to Net results
SONAE INDÚSTRIA Highlights of 1Q16 results Million € Contributions to Net results • Leading to a +7.2 Improved results from operations positive net result of 3.2M€ in 1Q16 +7.8 Completion of the industrial footprint rationalization 8
Slide 9: Net Debt and Leverage
SONAE INDÚSTRIA Highlights of 1Q16 results Net Debt and Leverage Million € • Net Debt -19M€ 578 decreased, YoY, with improved 5.1x leverage ratio 9
Slide 10: Scheduled loan repayments and Debt Structure
SONAE INDÚSTRIA Highlights of 1Q16 results Scheduled loan repayments(1) Million € as of 31 March 2016 Debt Structure (1)Does not include securitization, factoring and short term facilities. 10
Slide 11: Investor and analysts contacts
SONAE INDÚSTRIA 1Q16 Results Investors and Analysts Conference Call Investor and analysts contacts: António Castro Sílvia Saraiva Phone: (+351) 220 100 655 investor.relations@sonaeindustria.com 11