Ferreycorp Saa · BVL:FERREYC1
Ferreycorp Saa — Q3 2023 Earnings Presentation
25 slides from Ferreycorp Saa's earnings presentation, 2023
Slide 1: 100 years creating development - Investor's Presentation 3Q23
100 years creating development Investor´s Presentation - 3Q23
Slide 2: 100 years creating development
100 years creating development
Slide 3: Operational Model of the Corporation
Operational Model of the Corporation Role of the Parent Company Role of the Subsidiary Companies Shared Services Center Strategic Coherence Operational Autonomy Standardization and Efficiencies - Business Vision - Customer Proximity and Market - Process Standardization - Strategic Planning and Defin
Slide 4: Organizational Structure
Organizational Structure Caterpillar Dealears and Allied Caterpillar Dealers and Allied Brands in Complementary Businesses in Peru Brands in Peru Central America and Abroad Guatemala Chile, Colombia , Ecuador, Perú El Salvador Belize El Salvador, Honduras
Slide 5: Global Enterprise Strategic Alliance
Global Enterprise Strategic Alliance
Slide 6: Distribution of results by business group – 3Q2023
Distribution of results by business group – 3Q2023 Caterpillar Dealers and Allied Caterpillar Dealers and Allied Complementary Businesses (S/ Millions) Total Brands in Peru Brands in Central America in Peru and abroad Sales 1,456 150 180 1,786 % of Total Sales 80.2% 8.7% 11.1% 100% EBITDA 220 20 4 2
Slide 7: Sales by Business Group as of September 2023
Sales by Business Group as of September 2023 Sales By Business Group (In millions S/) 6,593 6,206 5,858 814 947 5,211 941 677 4,843 4,857 4,991 572 4,708 836 436 568 785 877 614 424 459 461 436 477 5,102 4,481 4,688 3,952 3,964 3,598 3,544 3,617 2017 2018 2019 2020 2021 2022 YTD 2022 YTD 2023 Dealer
Slide 8: % Sales by Business Line – 3Q2023
% Sales by Business Line – 3Q2023 3Q2023 6.2% 7.8% Business Line 2020 2021 2022 3Q2022 3Q2023 Spare Parts & Services 46.2% 49.7% 51.4% 55.5% 55.4% Prime product 38.1% 34.0% 32.3% 28.0% 30.5% 30.5% 55.4% Rental & Used 7.2% 6.9% 7.0% 7.5% 7.8% Others 8.6% 9.3% 9.3% 9.0% 6.2% Spare Parts & Services Pri
Slide 9: Sales by Economic Sector – 3Q2023
Sales by Economic Sector – 3Q2023 3Q2023 Sector 2020 2021 2022 3Q2022 3Q2023 0.9% 0.2% 0.5% Mining 50.7% 54.9% 56.0% 57.9% 59.7% 0.1% 3.0% 8.5% Construction 20.8% 17.8% 19.4% 20.6% 19.7% Industry, Commerce and 13.2% 12.8% 13.1% 11.8% 7.4% Services 7.4% Agriculture and 3.0% 2.6% 2.9% 2.5% 3.0% Forest
Slide 10: Main Clients – Open Pit Mining & Underground Mining
Main Clients – Open Pit Mining & Underground Mining Large Open Pit Mining Medium-Size and Underground Mining Cerro Corona Iscaycruz La Zanja Shahuindo El Porvenir (UG) Raura (UG) Yanacocha Atacocha (UG) Islay (UG) San Cristobal (UG) Animon (UG) Uchucchacua Carahuacra (UG) Antamina Morococha Iscaycru
Slide 11: Caterpillar open-pit mining trucks and shovels population over the years
Caterpillar open-pit mining trucks and shovels population over the years as of September 2023 Caterpillar Open-pit Mining Trucks and Shovels Population Mining Investment Units US$ Bn $12 762 766 800 746 725 702 $10 660 700 642 619 592 $8 600 543 517 $6 500 453 404 $4 366 400 323 $2 281 300 249 234 2
Slide 12: Leverage of Our Sales as of September 2023
Leverage of Our Sales as of September 2023 Open Pit Mining Sales US$ Million Machine, Spare Parts & Services 800 700 139 600 150 161 87 58 500 343 119 143 179 314 160 400 136 205 300 572 500 528 515 490 200 407 401 361 354 325 325 268 100 229 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Slide 13: Major construction projects 2023 - 2025
Major construction projects 2023 - 2025 La arena: 6020B Riverbanks 4 stages en: Ancash (2) – Lima – La Libertad Riverbanks Consortium: Belsaco-Stracon 3 stages: La Libertad (2) y Tumbes Relaves Dam F8 Relaves Dam F6 Morococha Ajani, Mota, Engil, Construplan GMI – 2024 Brocal San Gabriel Mine 5 Beiji
Slide 14: Resilient Business Model – 3Q2023
Resilient Business Model – 3Q2023 Sales by Business Line (In millions of S/) 1,931 1,755 1,719 1,673 1,755 1,717 1,692 1,786 1,585 1,582 1,389 1,439 1,434 1,389 • Spare parts & Services support business 1,044 • Diversification strategy through business lines, presence in different economic sectors,
Slide 15: Caterpillar Market Share in Peru as of September 2023
Caterpillar Market Share in Peru as of September 2023 Open-pit Mining Heavy Construction EPIROC SEM XCMG 3% HYUNDAI DOOSAN 1% 3% 2% SANY 2% 2% Other 7% VOLVO 10% KOMATSU CATERPILLAR CATERPILLAR 34% 60% JOHN 46% DEERE 11% KOMATSU 19% In units US$ FOB Rolling 12m Rolling 12m Sept 2023 Sept 2023 Underg
Slide 16: Ferreycorp's Strategy
Ferreycorp’s Strategy BUSINESS PILARS It seeks to add efficiencies in the business model, the organization, Optimize the use of assets, the composition of the portfolio of products and Business services. Ensure business sustainability; expand your value offer; and provide Protect and comprehensive s
Slide 17: Reflected in Strong Financial Results
Reflected in Strong Financial Results Million of soles (S/ mm) Adj. Gross margin 3Q22 = 27.1% / 3Q23 = 26.7% Sales Margins Adj. EBITDA margin 3Q22 = 14.7% / 3Q23 = 14.1% Adj. Operating margin 3Q22 = 11.3% / 3Q23 = 10.7% +6% 28.8% +8% 26.2% 25.9% 26.0% 4,992 24.5% 4,707 +6% 16.3% 13.6% 13.9% 13.6% 1,
Slide 18: Net Profit impacted by FX Gain/Loss
Net Profit impacted by FX Gain/Loss Net Profit, Margin and FX Effect (In millions S/) 6.15% 6.35% 5.80% 570 5.50% 4.30% 4.20% 2.96% 419 5.00% 376 470 370 267 245 225 292 270 Net Profit 144 FX Gain/Loss 170 Net Margin 70 -1 34 1 25 -30 -59 -15.00% 2017 2018 2019 2020 -106 2021 2022 1T23 -125 2017 201
Slide 19: Cash Generation & Liability Management
Cash Generation & Liability Management In millions of dollars (US$ mm) Cash Debt Maturity 258 (In millions of US$) (In millions of US$) 233 203 Non current Current 41% 59% 130 104 100 103 97 84 80 71 74 59 54 55 63 53 62 53 50 32 42 5 8 2023 2024 2025 2026 2027 2028 > 2028 Ratios Dec-21 Mar-22 Jun-2
Slide 20: Assets & Cash Conversion Cycle
Assets & Cash Conversion Cycle Account Receivables (In million of S/) +6% 1,330 1,265 1,147 1,198 32 1,036 1,055 38 38 36 Cash Conversion Cycle 61 40 1,292 1,229 1,115 1,160 975 1,015 210 198 203 198 193 176 165 169 200 170 163 163 161 187 193 189 153 155 157 158 154 151 158 2019 2020 2021 2022 YTD
Slide 21: CAPEX
CAPEX In millions of US$ 32 39 1 46* 43 2 50 2 12 49 30 Investment 34 7 7 36 7 8 53 15 11 20 10 25 -14 -14 -18 -38 -65 Disinvestment 2019 2020 2021 2022 3Q2023 • Investment in intangibles assets reached US$ 1.7 millions as of September de 2023. * Disclaimer: Capital Expenditures on Infrastructure in
Slide 22: Sustainable Programm at Ferreycorp
Sustainable Programm at Ferreycorp
Slide 23: Sustainable Management aligned with UN Sustainable Development Goals
Ferreycorp's Sustainable Management seeks to positively impact its stakeholders and is aligned with the United Nations Sustainable Development Goals
Slide 24: Results of commitment to the Dow Jones Sustainability Index ESG criteria
Results of Ferreycorp's commitment to the Dow Jones Sustainability Index ESG criteria 70 61 63 60 50 46 48 43 40 37 30 20 10 0 2017 2018 2019 2020 2021 2022
Slide 25: Ferreycorp
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