Slide 1: 3Q14 Earnings Release
3Q14 Earnings Release October 22, 2014
Slide 2: Important Note
Important Note A TRADITION OF INNOVATION This release contains forward-looking statements subject to risks and uncertainties. Such forward-looking statements are based on the management’s beliefs and assumptions on information currently available to the Company. The reservations as to forward-lookin
Slide 3: Highlights
Highlights A TRADITION OF INNOVATION • Continuous investments in equipment have been made in order to optimize the operational structure, increasing the competitiveness of Romi which, even facing an adverse macroeconomic scenario, reports a profit of R$ 2.1 million in 9M14. • Net operating revenue r
Slide 4: Economic Indexes – Conjunctural
Economic Indexes – Conjunctural Indicators A TRADITION OF INNOVATION 29,9 27,2 19,2 20,3 16,3 14,9 15,4 13,9 4,0 11,1 6,7 9,6 8,9 8,8 2,2 7,1 2,5 7,7 2,4 1,9 6,3 6,5 5,3 5,3 6,2 2,0 4,2 2,2 2,1 9,3 8,8 4,2 3,3 2,1 3,5 0,8 1,0 1,4 0,8 0,9 1,8 1,9 7,1 6,8 6,9 0,6 -0,9 5,3 -2,4 -1,5 5,0 4,9 3,8 -2,7 2,
Slide 5: Economic Indexes – Conjunctural
Economic Indexes – Conjunctural Indicators A TRADITION OF INNOVATION 100 95 90 Plastic and Rubber Goods: 85.8% 85 Basic Metallurgy: 80.6% 80 General Industry: 80.6% Metal Goods – Ex Machinery: 77.2% 75 Automotive: 76.9% 70 Machinery and Equipment: 73.4% 65 Source: Fiesp -INA Activity Level Indicator
Slide 6: Business Units
Business Units A TRADITION OF INNOVATION Machine Tools Plastic Machines Raw and Machined Cast Iron Parts Net Operating Revenues Distribution 9M14 2013 Net Operating Revenues Distribution 9M14 2013 Job Shops 23% 19% Net Operating Revenues Distribution Packaging 43% 26% 9M14 2013 Machines and Equipmen
Slide 7: Net Sales per Business Unit
Net Sales per Business Unit A TRADITION OF INNOVATION 9M14 Plastic Net Operating Sales (R$ million) Machine Machines 696.1 673.5 Tools 667.4 16% 632.0 631.1 617.6 599.1 68% 548.9 475.4 587.8 431.9 508.1 614.7 431.8 549.9 554.8 483.5 412.8 185.7 167.3 159.3 Castings 65.4 82.1 108.3 62.6 58.8 76.3 16%
Slide 8: Sales Distribution
Sales Distribution A TRADITION OF INNOVATION 9M13 Europa 9M14 Europa 17% Ásia América Ásia América 18% 4% Latina 4% Latina 2% EUA 3% EUA 1% 1% Brasil Brasil 76% 74% Foreign Sales – US$ million 95.2 85.6 28.7 30.8 73.4 23.4 21.5 23.3 45.2 17.2 15.7 13.8 14.7 32.2 33.9 12.8 8.9 2009 2010 2011 2012 201
Slide 9: Order Entry and Backlog
Order Entry and Backlog A TRADITION OF INNOVATION Order Entry (R$ 000) 1Q13 2Q13 3Q13 1Q14 2Q14 3Q14 Chg Chg Gross Values, sales taxes included 3Q14/3Q13 3Q14/2Q14 Machine Tools 84.479 173.368 144.518 119.538 117.411 95.697 -33,8% -18,5% Plastic Machines 25.462 45.484 25.686 18.337 24.100 20.178 -21
Slide 10: Cost of Goods Sold
Cost of Goods Sold 9M13 A TRADITION OF INNOVATION Expenses 12% Metals 6% Depreciation 13% FX Related Domestic Material 6% 16% Imported material Material 64% Labor Domestic material 23% 24% 9M14 Expenses 12% Metals 5% Depreciation 13% FX Related Domestic Material 6% 20% Imported material Material Lab
Slide 11: Profitability
Profitability A TRADITION OF INNOVATION Gross Profit (R$ million) and Gross Margin Operating Profit (R$ million) and Operating Margin 40,0 20,0% 100,0 45,0% 11.4% 2.7% 2.2% 5.1% 2.5% 90,0 40,0% 30,0 0.9% -0.6% -4.1% -4.2% -3.3% 0,0% 80,0 32.6% 35,0% 20,0 70,0 28.0% 28.0% 29.0% 27.7% 30,0% -20,0% 25.
Slide 12: Profitability
Profitability A TRADITION OF INNOVATION EBITDA (R$ million) and EBITDA Margin Net Income (R$ million) and Net Margin 60,0 30,0 20,0% 9.1% 7.7% 3.3% 7.7% 9.9% 16.2% 8.4% 7.0% 4.6% -0.3% 0.7% 3.4% 5.0% 2.0% -0.5% -0.1% 50,0 1.9% 1.9% -3.3% -3.5% 0,0% 20,0 0,0% 40,0 -20.2% -17.4% 30,0 10,0 -20,0% 17.6
Slide 13: Business Units’ Results
Business Units’ Results A TRADITION OF INNOVATION Quarter Accumulated Sales 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 9M13 9M14 Machine Tools (units) 400 304 387 443 245 281 325 1.091 851 Plastic Machines (units) 44 61 49 60 53 38 37 154 128 Rough and Machined Cast Iron Parts (ton.) 3.598 4.436 4.991 4.475
Slide 14: Cash Position
Cash Position A TRADITION OF INNOVATION Cash and Cash Equivalent – R$ million – 09/30/2014 Amount Bank Deposit Certificate (CDB) 73,3 Financial Investment with Bonds 5,2 Net Cash (Debt) Position 600 ,0 100 ,0 Banks 20,4 50, 0 500 ,0 -36.9 0,0 Total 98,8 -63.7 -56.2 -73.8 -86.5 -104.4 -95.6 -50,0 400
Slide 15: Burkhardt + Weber
Burkhardt + Weber A TRADITION OF INNOVATION Income Statement B+W € 000 Chg % Chg % Chg % 3Q13 2Q14 3Q14 9M13 9M14 3Q/3Q 3Q/2Q 14/13 Net Operating Revenue 14.964 5.373 11.629 (22,3) 116,4 29.338 24.543 (16,3) Cost of Gods Sold (11.193) (4.237) (9.313) (16,8) 119,8 (22.882) (19.452) (15,0) Gross Profi
Slide 16: Share Performance
Share Performance A TRADITION OF INNOVATION 150 Share Performance ROMI3 vs. Ibovespa From 10/01/2012 to 09/30/2014 12.0 00.00 0 IBOV: -9% ROMI3: -27% 10.0 00.00 0 100 8.00 0.000 6.00 0.000 50 4.00 0.000 2.00 0.000 0 - Oct-12 Dec-12 Mar-13 Jun-13 Sep-13 Dec-13 Mar-14 Jun-14 Sep-14 Ibovespa ROMI3 Volu
Slide 17: Fábio B. Taiar, Investor Relations Officer
Fábio B. Taiar Investor Relations Officer + 55 (19) 3455-9418 ftaiar@romi.com www.romi.com