Sonae Indústria S.G.P.S. S.A

Sonae Indústria S.G.P.S — Sonae Indústria — 9M17 Earnings Presentation

10 slides from Sonae Indústria S.G.P.S's earnings presentation, Nov 17, 2017

  1. Slide 1: 9M17 Results – Investors and Analysts Briefing

    9M17 Results Investors and Analysts Briefing 17 November 2017 1

  2. Slide 2: 9M17 Highlights | Proportional Indicators

    SONAE INDÚSTRIA Highlights | Proportional Indicators 9M17 HIGHLIGHTS: (1)  Proportional Turnover of circa 486M€ (1)  LTM Proportional Turnover of 642M€ (1)  Proportional Recurrent EBITDA of 69.6M€ (1)  LTM Proportional Recurrent EBITDA of 86.5M€, with 13.5% margin  Fifth consecutive quarter wit

  3. Slide 3: Financial Indicators

    SONAE INDÚSTRIA Highlights of 9M17 results | Proportional Indicators Financial Indicators FINANCIAL INDICATORS (unaudited and pro forma ) 9M16 9M17 Proportional Turnover 490 486 Proportional Rec. EBITDA 74 70 Proportional Rec. EBITDA margin 15.0% 14.3% Proportional LTM Turnover 649 642 Proportional

  4. Slide 4: Net Debt and Leverage

    SONAE INDÚSTRIA Highlights of 9M17 results | Proportional Indicators Net Debt and Leverage Before Strategic After Strategic Partnership Partnership • Proportional 31.05.2016 Million € Completion of the strategic partnership with Arauco 600 583 570 578 7.5 x Net Debt of 550 7.0 x 500 6.5 x 311M€ and

  5. Slide 5: Recurrent EBITDA and Proportional Recurrent EBITDA

    SONAE INDÚSTRIA Highlights of 9M17 results Recurrent EBITDA (Million €) and Recurrent Proportional Rec. EBITDA (million €) and EBITDA margin (%) Proportional Rec. EBITDA margin (%) 80 74 25.0% 35 32 31 30.0% 70 70 30 25.0% 20.0% 60 25 15.0% 14.3% 20.0% 50 15.0% 20 15.0% 40 17.4% 17.2% 15 30 10.0% 10

  6. Slide 6: Fixed Costs in % of turnover

    SONAE INDÚSTRIA Highlights of 9M17 results Fixed Costs in % of turnover % 18.0% • Fixed Costs as a % 17.0% of Turnover 16.0% 15.0% increased 0.2 p.p. 15.3% 15.6% 14.0% despite lower Fixed 13.0% 12.0% Costs in 9M17. 11.0% 10.0% 9M16 9M17 Total Fixed Costs Recurrent Fixed Costs 6

  7. Slide 7: Contributions to Net results

    SONAE INDÚSTRIA Highlights of 9M17 results Contributions to Net results Million € Net Loss 9M16 (21.3) • Net positive Recurrent EBITDA -1.0 result of Non recurrent Items Depreciation and amortisation 20.9M€ Provisions and impairment Losses during 9M17 Reduction of net debt and cost of debt + recogni

  8. Slide 8: Scheduled loan repayments

    SONAE INDÚSTRIA Highlights of 9M17 results Scheduled loan repayments(1) as of 30 September 2017 Million € 140 133 120 100 80 60 47 40 20 2 7 7 9 4 0 1 0 2H17 1H18 2H18 1H19 2H19 1H20 2H20 2021 ≥ 2022 (1) Considering Sep-17 debt of circa EUR 211M (which excludes short term facilities). 8

  9. 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

  10. Slide 10: Investor and analysts contacts

    SONAE INDÚSTRIA 9M17 Results Investors and Analysts Briefing Investor and analysts contacts: João Mangericão Phone: (+351) 220 100 655 investor.relations@sonaeindustria.com 10

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