Sociedad Matriz Saam S.a. · BCS:SMSAAM
Sociedad Matriz Saam — Investor Presentation (March 2018)
22 slides from Sociedad Matriz Saam's investor presentation, March 2018
Slide 1: Company Presentation March 2018
COMPANY PRESENTATION March 2018
Slide 2: Disclaimer
Disclaimer This presentation provides general information about Sociedad Matriz SAAM S.A. (“SMSAAM”) and related companies. It consists of summarized information and does not purport to be complete. It is not intended to be relied upon as advice to potential investors. No representation or warrantie
Slide 3: Agenda
AGENDA 1. SAAM at a glance. 2. Attractive investment fundamentals. 3. Our Business Divisions. 3
Slide 4: SAAM at a Glance
1. SAAM AT A GLANCE (1) Highlights Business Units • SAAM provides port and offshore towage services, port terminal • Major tugboat operator in the Americas and logistics services • Present in 11 countries • Present in more than 70 ports and in 13 countries in the Americas • Operates in 6 countries t
Slide 5: Supported by One of the Major Economic Groups in the Country
1. SUPPORTED BY ONE OF THE MAJOR ECONOMIC GROUPS IN THE COUNTRY Ownership Structure Quiñenco’s main companies MC: MC(2): MC: MC(2): MC(3): Equity(4): MUS$ 4,900 MUS$ 2,400 MUS$ 1,043 MUS$ 12,500 MUS$ 1,200 MUS$ 860 Market Quiñenco Others Capitalization(1) 52.2% 47.8% MUS$ 1,045 Ownership: Ownership:
Slide 6: Financial Highlights
1.FINANCIAL HIGHLIGHTS (1)(2) EBITDA and Ebitda Mg evolution (MUS$) Evolution of revenues (MUS$) 29% 27% 27% 775 750 24% 205 717 713 203 193 185 283 324 323 245 77 111 114 75 492 426 468 108 118 394 92 91 2014 2015 2016 2017 2014 2015 2016 2017 Subsidiaries Affiliates Subsidiaries Affiliates Ebitda
Slide 7: Agenda
AGENDA 1. SAAM at a glance. 2. Attractive investment fundamentals. 3. Our Business Divisions. 7
Slide 8: Attractive Investment Fundamentals
2. ATTRACTIVE INVESTMENT FUNDAMENTALS •Towage, Ports and Logistics services Diversified Company both in geographic terms •Operations in 13 countries in América and business units •60% EBITDA ex Chile (1) •Towage: Major operator in the Americas and fourth at world level Leader in tugboats and port te
Slide 9: Agenda
AGENDA 1. SAAM at a glance. 2. Attractive investment fundamentals. 3. Our Business Divisions. 9
Slide 10: Towage Division: Leadership with the Most Comprehensive Coverage Across the Americas
3. TOWAGE DIVISION: LEADERSHIP WITH THE MOST COMPREHENSIVE COVERAGE ACROSS THE AMERICAS 1 1 2 3 4 2 4 3 SST Canada SST Mexico Guatemala Honduras 5 6 5 6 7 8 7 8 Costa Rica Panamá Ecuador Brazil 10 9 9 10 11 11 Uruguay Chile Austral Broom 10 10
Slide 11: Towage Division: Operations in Ports in the Americas
3. TOWAGE DIVISION: OPERATIONS IN OVER 70 PORTS IN THE AMERICAS Harbour Towage • Shipping Companies • Agencies • Competitors Concessions • Port Authorities • Off-shore operations Special Services • Salvage • Projects 11 11
Slide 12: Leader in Tugboats and Towage
3. LEADER IN TUGBOATS AND TOWAGE WITH WORLD CLASS ASSETS AND SOUND STRATEGIC ALLIANCE Highlights Number of maneuvers carried out(2) • Major operator in the Americas and fourth at world level • Present in 11 countries in over 70 ports in the Americas 85,453 94,954 90,059 94,835 • Modern fleet of 161
Slide 13: Towage Operations
3. TOWAGE OPERATIONS 2. Towage Division 13
Slide 14: Port Terminals: 11 Port Terminals
3. PORT TERMINALS: 11 PORT TERMINALS INCLUDING SAN ANTONIO TERMINAL INTERNACIONAL - THE LEADING PORT OF CHILE 7 Chilean Terminals SAAM´s ownership 8 1 2 3 4 5 6 Terminal Iquique Terminal Antofagasta Terminal San Antonio Terminal San Vicente Terminal Portuaria 10 Puerto Arica S.A. Internacional S.A.
Slide 15: One of the Major Port Operators in South America
3. ONE OF THE MAJOR PORT OPERATORS IN SOUTH AMERICA, WITH WORLD CLASS ASSETS AND SOUND STRATEGIC ALLIANCE Highlights TEUs transferred (thousands)(1) • Operates in 11 port terminals in 6 countries • 4th major port operator in South America 1,627 • State of the art infrastructure and equipment 1,382 1
Slide 16: New Port: SAAM Acquired 51% Stake of Second Major Port in Costa Rica
3.NEW PORT: SAAM ACQUIRED 51% STAKE OF THE SECOND MAJOR PORT IN COSTA RICA Caldera is located in a strategic location in Costa Rica, given its proximity and good connectivity with the city of San Jose. CALDERA PORT HIGHLIGHTS • Second major port in Costa Rica • Strategic location (79,5 km from San J
Slide 17: Terminal Portuario Guayaquil: Expanded Infrastructure
3.TERMINAL PORTUARIO GUAYAQUIL: EXPANDED INFRASTRUCTURE Item TPG TPG + Expanded Infrastructure Dock 360 meters 480 meters STS cranes 2 4 RTG cranes 3 8 Support areas 17.4 ha 22.2 Terminal Container Multipurpose LT lease 2056 2056 Capex ThUS$60,000 (2016-2017) Personnel 474 639 TPG without 17.2 has e
Slide 18: Logistics: Moving to a New Business Strategy
3. LOGISTICS; MOVING TO A NEW BUSINESS STRATEGY Highlights • Strategy focused on providing supply chain services (warehousing, Supply chain and transport) • Services for airlines at main airports in Chile, Colombia and Ecuador • Potential release of expendable property assets • Alliance with : Impor
Slide 19: Logistics: Aerosan – Airport Operations
3. LOGISTICS; AEROSAN – AIRPORT OPERATIONS HIGHLIGHTS • World Class partnership between SAAM & American Airlines • Providing airports and ground handling services since 1980 • Presence in 8 airports in 3 countries in the Americas • Highly skilled professionals with +20 years of experience • +1,000 w
Slide 20: Logistics: Aerosan – Airport Operations
3. LOGISTICS; AEROSAN – AIRPORT OPERATIONS MAIN FIGURES GEOGRAPHIC PRESENCE CLIENTS Colombia Bogotá Warehouse Cargo Flights m2 tons 2017 n° 2017 Medellín 11,449 85,086 3,753 San Andrés Barranquilla 9,105 157,508 2,169 Cartagena Pereira Ecuador 2,250 40,273 - Quito Chile Total 22,804 282,867 5,922 Sa
Slide 21: The End
The End www.saam.cl ir@saam.cl 21
Slide 22: Indebtedness: Sound Financial Position
2. INDEBTEDNESS: SOUND FINANCIAL POSITION Financial Debt Maturity Profile(1,2) (Dec.2017, MUS$) Net Financial Debt(1,2) (Dec 2017, MUS$) AA- Stable SAAM Subsidiaries AA- Stable 328 99 76 222 203 43 38 44 44 106 22 178 159 125 1 year 1-2 years 2-3 years 3-4 years 4-5 years > 5 years Financial Debt Ca
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