Ferreycorp Saa · BVL:FERREYC1
Ferreycorp Saa — Q2 2023 Earnings Presentation
25 slides from Ferreycorp Saa's earnings presentation, 2023
Slide 1: 100 years creating development - Investor's Presentation 2Q23
100 years creating development Investor´s Presentation - 2Q23
Slide 2: 100 years creating development
100 years creating development
Slide 3: Vision & Mission
Vision & Mission VISION MISSION To be recognized as a leading economic group in Peru, with a presence in the Latin American We operate, through our subsidiaries with a focus region and an excellent provider of capital goods, and high degree of specialization, businesses spare parts and related servi
Slide 4: 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 5: 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 6: Global Enterprise Strategic Alliance
Global Enterprise Strategic Alliance
Slide 7: Distribution of results by business group – 2Q2023
Distribution of results by business group – 2Q2023 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 1,320 143 183 1,646 % of Total Sales 80.2% 8.7% 11.1% 100% EBITDA 172 20 15
Slide 8: Sales by Business Group
Sales by Business Group Sales By Business Group (In millions S/) 6,593 6,206 5,858 814 947 5,211 677 941 4,843 4,857 572 836 436 785 877 424 461 436 3,016 3,205 309 305 388 5,102 423 4,481 4,688 3,952 3,598 3,544 2,288 2,508 2017 2018 2019 2020 2021 2022 1S22 1S23 CAT dealers in Perú CAT dealers & o
Slide 9: % Sales by Business Line
% Sales by Business Line 2Q2023 7.3% 6.7% Business Line 2020 2021 2022 2Q2022 2Q2023 Spare Parts & Services 46.2% 49.7% 51.4% 51.4% 55.7% Prime product 38.1% 34.0% 32.3% 30.9% 30.4% 30.4% 55.7% Rental & Used 7.2% 6.9% 7.0% 8.1% 6.7% Others 8.6% 9.3% 9.3% 9.5% 7.3% Spare Parts & Services Prime produc
Slide 10: Sales by Economic Sector
Sales by Economic Sector 2Q2023 0.8% Sector 2020 2021 2022 2Q2022 2Q2023 2.5% 2.1% 0.3% Mining 50.7% 54.9% 56.0% 53.3% 57.9% 2.3% 1.8% Construction 20.8% 17.8% 19.4% 22.8% 20.6% Industry, Commerce and 13.2% 12.8% 13.1% 12.7% 11.8% Services 11.8% Agriculture and 3.0% 2.6% 2.9% 3.4% 2.5% Forestation T
Slide 11: Main Clients – Open Pit Mining & Underground Mining
Main Clients – Open Pit Mining & Underground Mining: 55.7% of total sales 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) Antam
Slide 12: Increasing Caterpillar mining trucks and shovels population over the years
Increasing Caterpillar mining trucks and shovels population over the years Caterpillar Mining Trucks and Shovels Population Mining Investment Units US$ Bn $12 762 762 800 746 725 702 $10 660 700 642 619 592 $8 600 543 517 $6 500 453 404 $4 366 400 323 $2 281 300 249 234 215 192 $0 165 166 173 200 13
Slide 13: Leverage of Our Sales
Leverage of Our Sales Open Pit Mining Sales Minning Investment US$ Million Machine, Spare Parts & Services US$ Bn 800 12000 700 10000 139 600 150 161 87 8000 500 343 119 143 179 314 160 400 136 6000 205 32 300 572 528 4000 500 490 200 407 401 361 354 325 325 326 268 2000 100 229 0 0 2011 2012 2013 2
Slide 14: Resilient Business Model
Resilient Business Model Sales by Business Line (In millions S/) 1,931 1,755 1,719 1,673 1,755 1,717 1,585 1,582 1,582 1,646 1,439 1,434 1,389 1,389 • Spare parts & Services support business 1,044 • Diversification strategy through business lines, presence in different economic sectors, different co
Slide 15: Caterpillar Market Share in Peru - June 2023
Caterpillar Market Share in Peru - June 2023 Open Pit Mining Heavy Construction EPIROC HITACHI 4% SANY 7% SEM 2% LIEBHERR 3% OTROS 7% 10% JOHN DEERE 6% CATERPILLAR VOLVO 46% KOMATSU CATERPILLAR 25% 57% 13% KOMATSU 20% En unidades US$ FOB Rolling 12m Rolling 12m Jun 2023 Jun 2023 Underground Mining L
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 soles (S/ mm) Sales Margins -17% 26.9% 24.8% 25.7% 24.9% 23.5% 24.5% -8% +4% 1,885 16.5% 1,691 1,646 13.5% 13.8% 1,560 1,582 12.3% 12.4% 11.7% 12.7% 10.0% 8.4% 7.9% 10.2% 8.6% 2019 2020 2021 2022 2Q22 2Q23 Márgen bruto Márgen operativo Márgen EBITDA Marg
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/) 7.10% 6.15% 6.35% 570 5.50% 4.30% 4.20% 5.00% 2.96% 470 419 376 370 267 245 225 270 227 Net Profit 144 FX Gain/Loss Net Margin 170 70 63 25 34 -1 -30 -59 -15.00% 2017 2018 2019 2020 -106 2021 2022 1S23 -125 2017 20
Slide 19: Cash Generation & Liability Management
Cash Generation & Liability Management In millions dollars (US$ mm) 258 Cash Debt Maturity (In millions US$) (In millions US$) 203 Short Long 187 Term Term 49% 130 51% 104 100 103 106 74 80 84 59 54 55 63 70 53 50 53 42 30 4 2023 2024 2025 2026 2027 2028 Debt (In millions US$) 896 899 Local banks Fo
Slide 20: Assets & Cash Conversion Cycle
Assets & Cash Conversion Cycle Account Receivables (In million S/) +9% 1,330 1,147 1,190 32 1,036 1,055 38 1,089 36 Cash Conversion Cycle 40 38 61 1,292 1,154 1,115 1,015 1,050 210 975 203 198 193 198 176 165 169 200 170 163 163 161 187 193 189 153 155 157 158 154 151 2019 2020 2021 2022 2Q2022 2Q20
Slide 21: CAPEX
CAPEX 32 In millions of US$ 39 1 43 2 50 0 Investment 49 13* 12 34 36 1 Intangibles 7 8 7 15 3 5 15 20 4 Sales of Fixed Assets 11 10 8 -14 -14 -15 Rental Fleet -38 Machinery and Equipment -65 Disinvestment Infrastructure, Furniture & Equipment 2019 2020 2021 2022 2Q2023 • Investment in intangibles a
Slide 22: Sustainable Programm at Ferreycorp
Sustainable Programm at Ferreycorp
Slide 23: Ferreycorp's Sustainable Management seeks to positively impact its stakeholders
Ferreycorp's Sustainable Management seeks to positively impact its stakeholders and is aligned with the United Nations Sustainable Development Goals
Slide 24: Results of Ferreycorp's 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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