Slide 1: H1 2017 Results Summary
H1 2017 Results Summary 6 September 2017
Slide 2: Financial Highlights
H1 2017 Results Financial Highlights $ million unless otherwise stated H1 2017 H1 2016 %Δ Revenue 1,026.2 982.0 4.5% Gross Profit 195.9 165.1 18.7% Adjusted EBITDA1) 315.7 291.5 8.3% Adjusted EBITDA margin 30.8% 29.7% Reported operating profit 91.4 346.9 (73.7)% Adjusted net income attributable to s
Slide 3: EBITDA Bridge | Non-Operating Events & One-off Items
H1 2017 Results EBITDA Bridge | Non-Operating Events & One-off Items Reconciliation of reported operating income to adjusted EBITDA $ million H1 2017 H1 2016 Adjustment in P&L Operating profit as reported 91.4 346.9 Depreciation and amortization 150.0 151.1 EBITDA 241.4 498.0 Adjustments for: Expens
Slide 4: Net Income Bridge | Non-Operating Events & One-off Items
H1 2017 Results Net Income Bridge | Non-Operating Events & One-off Items Reconciliation of reported net income to adjusted net income $ million H1 2017 H1 2016 Adjustment in P&L Reported net income attributable to shareholders (35.1) 218.4 Adjustments for: Adjustments at EBITDA level 74.3 (206.5) In
Slide 5: Debt Overview
H1 2017 Debt Overview Consolidated Debt Breakdown as at 30 June 2017 $ million Description Companies Gross Debt Cash1) Net debt1) Majority Debt at entities where OCI’s stake is less than 100% Sorfert 1,081.8 161.7 920.1 Owned Debt is non-recourse to OCI N.V., although fully EBIC Subsidiaries
Slide 6: Operational Highlights: Product Sales Volumes
Operational Highlights Product Sales Volumes '000 metric tons Q2 2017 Q2 2016 %Δ H1 2017 H1 2016 %Δ Own Product Ammonia 300.8 391.2 -23.1% 702.6 718.9 -2.3% Urea1) 618.6 405.6 52.5% 1,188.5 985.8 20.6% Calcium Ammonium Nitrate (CAN) 356.5 319.5 11.6% 663.3 412.0 61.0% Urea Ammonium Nitrate (UAN)2) 7
Slide 7: Operational Highlights: Benchmark Prices
Operational Highlights Benchmark Prices Q2 '17 Q2 '16 %Δ Q1 '17 %Δ H1 ‘17 H1 ‘16 %Δ Granular Urea Egypt, FOB $/t 201 206 (2%) 263 (24%) 232 218 6% Ammonia NW Europe, FOB $/t 318 357 (11%) 358 (11%) 338 355 (5%) Ammonia US Gulf Tampa $/t 302 315 (4%) 303 0% 303 319 (5%) CAN Germany, CIF €/t 177 173 2
Slide 8: Disclaimer
Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS DOCUMENT IS NOT AN OFFER TO SELL SECURITIES OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN
Slide 9: For OCI N.V. investor relations enquiries contact
For OCI N.V. investor relations enquiries contact: Hans Zayed hans.zayed@oci.nl T +31 (0) 6 18 25 13 67 OCI N.V. corporate website: www.oci.nl