Sao Martinho S.a. · BMFBOVESPA:SMTO3
Sao Martinho — 2Q12 Earnings Presentation
8 slides from Sao Martinho's earnings presentation
Slide 1: 2Q12 Results
Ys @ NOVO MERCADO AY DAD Sao Martinho | a0 2Q12 Results
Slide 2: Disclaimer
DISCLAIMER This presentation contains forward-looking statements relating to the business outlook, operating and financial projections, and the growth prospects of São Martinho S.A. These statements merely represent projections and as such are based exclusively on management’s expectations about the
Slide 3: 2Q12 Highlights
2Q12 HIGHLIGHTS Chart 2 Sales Volume – Sugar (‘000 tons) Sales Volume – Ethanol (‘000 m³) Table 1 2Q12 2Q12 Operational Highlights – 2Q12 800.0 916.8 1,100.0 500.0 1,40 700.0 790.2 450.0 1,189.8 1,20 900.0 400.0 600.0 350.0 700.0 883.8 1,00 500.0 2Q11 2Q12 Change 400.0 300.0 500.0 250.0 800 200.0 60
Slide 4: Hedge on Production - 2Q12
HEDGE ON PRODUCTION - 2Q12 Chart 1 Sales Volume 6M12 Available for Sale (TRS) (TRS) Table 1 * 813 million of TRS * 783 million of TRS ( 3.8 % less of TRS) Products Availability – 2Q12 2011/12 Volume 2Q12 Remaining Av ailable for 19% 24% Inv entories Production (*) Sale 42% Hydrous Ethanol (m3) 72,43
Slide 5: Indebtedness / Investments
INDEBTEDNESS / INVESTMENTS Table 1 Chart 1 Indebtedness Evolution Net Debt / EBITDA (LTM) 1,600 DEBT Sep-11 Mar-11 Chg. (%) 1,400 6.0 x R$ Thousand 4.0 x 1,200 1.6 x 1.1 x 1.1 x BNDES / FINAME 408,886 358,540 14.0% 0.8 x 0.8 x 2.0 x 1,000 Working Capital 104,041 - n.m. 0.0 x 800 931 PPE (Export prep
Slide 6: Valuation – Deal Santa Cruz S.A.
VALUATION – DEAL SANTA CRUZ S.A. Table 1 Chart 1 Valuation – Santa Cruz S.A. e Agropecuária Boa Vista Organogram of Aquisiton – Santa Cruz S.A. USINA SANTA CRUZ S.A. Crushing Capacity (MM ton) (a) 4.0 Luiz Ometto Value (USD/ton) (b) 100 São Martinho S.A Participações S.A FX (c) 1.73 55.31% Equity Va
Slide 7: Corporate Governance Acquisition of Santa Cruz S.A.
CORPORATE GOVERNANCE ACQUISITION OF SANTA CRUZ S.A. • Creation of a Board of Directors: - 3 members appointed by Luiz Ometto Participações S.A.; - 2 members appointed by São Martinho S.A.; • São Martinho S.A. will have special majority vote for the decisions involving strategic matters as business a
Slide 8: IR Contacts
IR Contacts João Carvalho do Val CFO and IR Officer Felipe Vicchiato Financial and Investor Relations Manager Aline Reigada João Carvalho do Val - Diretor Financeiro e de Relação com Investidores Phone: +55 11 2105-4100 Denise Araújo Francisco E-mail: ri@saomartinho.ind.br Gerente de RI denise.franc