Grupo Posadas Sab De Cv Class A · BMV:POSADAS/A

Grupo Posadas Sab De Cv Class A — Q2 2017 Earnings Presentation

17 slides from Grupo Posadas Sab De Cv Class A's earnings presentation, Jul 20, 2017

  1. Slide 1: Operative & Financial Results - 2Q17

    Lobby of the Live Aqua Urban hotel in Monterrey Operative & Financial Results - 2Q17 07/20/2017

  2. Slide 2: Disclaimer

    Disclaimer This Presentation has been produced by Grupo Posadas, S.A.B. de C.V. (the “Company” or “Posadas”). This presentation is strictly confidential and may not be reproduced or delivered, in whole or in part, to any other person. This Presentation contains information that may be deemed to be “

  3. Slide 3: Highlights

    Operative & Financial Results - 2Q17 Highlights • In 2Q17 total revenues and EBITDA grew 16% and 19%, respectively. • EBITDA LTM of $1,734 million, 15% higher. • Cash available as of June 30, 2017 of $1.0 billion (equivalent to US$58 million). After giving effect to the sale of the Fiesta Inn Aeropu

  4. Slide 4: Income Statement

    Operative & Financial Results - 1Q17 Income Statement (million pesos) 2Q17 % QoQ 2017 % QoQ 2,214 100 16% Total revenues 4,400 100 11% 1,798 81 16% Expenses 3,503 80 12% 416 19 19% EBITDA MXN 897 20 10% 19% (0.4pp) Margin 20% (0.2pp) (270) na Exchange (gain) (899) na 291 13 na Net Income (101) (2) 7

  5. Slide 5: Hotel Performance

    Operative & Financial Results - 2Q17 Hotel Performance OWNED AND LEASED HOTELS % Occupancy RevPAR 0.7pp 11% SYSTEM WIDE HOTELS 957 892 914 11% 1.3pp 862 800 820 818 732 754 757 747 695 688 695 5 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17

  6. Slide 6: Vacation Properties

    Operative & Financial Results - 2Q17 Vacation Properties (million pesos) Gross sales LTM Receivables 22% 11% 18% 9% 2014 2015 2016 2017 2014 2015 2016 2017 6

  7. Slide 7: EBITDA LTM

    Operative & Financial Results - 2Q17 EBITDA LTM (million pesos) YoY $226 15% 7

  8. Slide 8: Free Cash Flow, Internal Reporting

    Operative & Financial Results - 2Q17 Free Cash Flow, Internal Reporting (million pesos) Concept 1H17 EBITDA 897 Working capital & Other (120) CAPEX (424) Deferred Asset & Other (284) Interests, net (267) Taxes (743) FCF (941) Financings 210 Cash (731) Cash BOP 1,770 Cash EOP 1,039 8

  9. Slide 9: Number of hotels and rooms by brand

    Operative & Financial Results - 2Q17 Number of hotels by brand Vacation Luxury Upper Middle Economy Other Club Other Total 2015 3 5 13 67 9 37 7 2 143 1Q16 2 2 2Q16 1 2 1 2 6 3Q16 1 1 4Q16 1 1 1 1 4 Exits 2016 (2) (2) (4) 1Q17 1 2 3 2Q17 1 1 2 Total 4 7 13 71 10 43 7 2 157 Number of rooms by brand V

  10. Slide 10: Development Plan

    Operative & Financial Results - 2Q17 Development Plan As of June 2017 (24,987 rooms) Estimated portfolio …. December 2020 (33,192 rooms) +33% $16,736 mm 90% Managed Hotels 2H17 2018 2019 2020 TOTAL Rooms 2H17 2018 2019 2020 TOTAL Live Aqua 1 1 1 3 Live Aqua 151 250 340 741 Grand Fiesta Americana 2 1

  11. Slide 11: Financial Health: Net Interest Coverage and Net Debt

    Operative & Financial Results - 2Q17 Financial Health (Fx eop 2Q17: 17.8775) Net Interest Coverage Net Debt (US$M) 2Q17 2Q16 (Figures in millions) US$ Notional IFRS MXN US$ Notional IFRS MXN 6.2x FX eop: 17.8775 18.2840 Net Debt / EBITDA EBITDA LTM 1,734 1,508 4.3x 4.5x 4.6x Cash 1,039 2,222 3.7x 3.

  12. Slide 12: Debt mix – 2Q17

    Operative & Financial Results - 2Q17 Debt mix – 2Q17 Currency Tenor (Total Debt) Gross debt: US$412 mm Capitalized expenses: (US$20 mm) Guaranty Total debt: US$392 mm Rate Cash: US$58 mm 12

  13. Slide 13: Operative & Financial Results - 2Q17

    Operative & Financial Results - 2Q17 13

  14. Slide 14: LatinoAmerican brand

    Operative & Financial Results - 2Q17 LatinoAmerican® is the brand of customizable hosting, located in the most iconic neighborhoods featuring a sharing economy model with an experience that understands the value of the local culture as its main amenity offering spaces for rest, work and entertainmen

  15. Slide 15: Operative & Financial Results - 2Q17

    Operative & Financial Results - 2Q17 15

  16. Slide 16: Operative & Financial Results - 2Q17

    Operative & Financial Results - 2Q17 16

  17. Slide 17: Fiesta Americana Condesa Cancún Hotel

    Fiesta Americana Condesa Cancún Hotel

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