Sonae Indústria S.G.P.S — Q1 2017 Earnings Presentation
10 slides from Sonae Indústria S.G.P.S's earnings presentation, May 10, 2017
Slide 1: 1Q17 Results
1Q17 Results Investors and Analysts Conference Call 10 May 2017 1
Slide 2: 1Q17 Highlights | Proportional Indicators
SONAE INDÚSTRIA Highlights | Proportional Indicators 1Q17 HIGHLIGHTS: Improved performance in all the three main businesses vs. 1Q16 (1) Proportional Turnover of 164M€ (1) LTM Proportional Turnover of 645M€ (1) Proportional Recurrent EBITDA of 22.3M€, 2.6M€ higher than 1Q16, on a like for li
Slide 3: Financial Indicators
SONAE INDÚSTRIA Highlights of 1Q17 results | Proportional Indicators Financial Indicators FINANCIAL INDICATORS (unaudited and pro forma ) 2016 1Q17 Proportional Turnover 639 164 Proportional Rec. EBITDA 90 22 Proportional Rec. EBITDA margin 14.1% 13.6% Proportional LTM Turnover 639 645 Proportional
Slide 4: Net Debt and Leverage
SONAE INDÚSTRIA Highlights of 1Q17 results | Proportional Indicators Net Debt and Leverage Before Strategic After Strategic Partnership Partnership • Proportional Million € 31.05.2016 Completion of the strategic partnership 650 597 606 with Arauco 600 583 570 578 9.0 x Net Debt of 550 8.0 x 325M€ an
Slide 5: Recurrent EBITDA and EBITDA margin
SONAE INDÚSTRIA Highlights of 1Q17 results Recurrent EBITDA (Million €) and Recurrent Proportional Rec. EBITDA (million €) and EBITDA margin (%) 25 Proportional Rec. EBITDA margin (%) 30.0% 22 12 30.0% 20 25.0% 20 10 10 25.0% 20.0% 8 7 20.0% 15 16.3% 13.6% 15.0% 12.4% 6 12.7% 15.0% 10 10.0% 4 10.0%
Slide 6: Fixed Costs in % of turnover
SONAE INDÚSTRIA Highlights of 1Q17 results Fixed Costs in % of turnover % 18.0% • Fixed Costs in the 17.0% quarter reflect one- 16.0% 15.0% 15.7% off adjustments to 14.0% 14.6% accruals. As % of 13.0% 12.0% turnover Fixed 11.0% 10.0% Costs decreased by 1Q16 R 1Q17 1.2 p.p. vs. 1Q16 Total Fixed Costs
Slide 7: Contributions to Net results
SONAE INDÚSTRIA Highlights of 1Q17 results Contributions to Net results Million € Net Profit 1Q16 R 3.2 • Leading to a Recurrent EBITDA +2.4 net positive Partially driven by lower fixed costs (one-off event in 1Q17) Non recurrent Items Depreciation and amortisation result of Provisions and impairmen
Slide 8: Scheduled loan repayments
SONAE INDÚSTRIA Highlights of 1Q17 results Scheduled loan repayments(1) as of 31 March 2017 Million € (1)Does not include short term facilities. 8
Slide 9: Glossary of Terms
SONAE INDÚSTRIA Glossary of Terms Asset Value is calculated as follows: [6.8 x LTM Recurrent EBITDA of fully consolidated business (100%)] + Asset Value [market value of inactive sites real estate properties owned 100% by Sonae Indústria, according to external valuations] + [50% x (6.8 x LTM Recurre
Slide 10: 1Q17 Results – Investor and analysts contacts
SONAE INDÚSTRIA 1Q17 Results Investors and Analysts Conference Call Investor and analysts contacts: João Mangericão Phone: (+351) 220 100 655 investor.relations@sonaeindustria.com 10
Sonae Indústria S.G.P.S. — Q1 2017 Earnings Presentation on 6ix