Grupo Posadas Sab de CV Class A · BMV:POSADAS/A

Grupo Posadas Sab de CV Class A — Q2 2018 Earnings Presentation

12 slides from Grupo Posadas Sab de CV Class A's earnings presentation, Jul 27, 2018

  1. Slide 1: Operative & Financial Results - 2Q18

    O p e ra t i ve & F i n a n c i a l Re s u l t s - 2 Q 1 8 07/27/2018

  2. Slide 2: Disclaimer

    Disclaimer Operative & Financial Results - 2Q18 This Presentation has been produced by Grupo Posadas, S.A.B. de C.V. (the “Company” or “Posadas”). This presentation is strictly confidential and may not be reproduced or delivered, in whole or in part, to any other person. This Presentation contains i

  3. Slide 3: 2Q18 - Highlights

    Operative & Financial Results - 2Q18 2Q18 - Highlights • In 2Q18 revenues reached $2,115 million. • EBITDA for the 2Q18 of $294 million. • Four hotel openings during the quarter with 400 rooms (+2%). • The pipeline considers 51 hotels (a 38% increase over current number of rooms) to be opened during

  4. Slide 4: Income Statement

    Operative & Financial Results - 2Q18 Income Statement (million pesos) 2Q18 % QoQ 1H18 % YoY 2,115 100 -4% Total revenues 5,643 100 28% 1,821 86 1% Expenses 3,980 71 14% 294 14 -29% EBITDA MXN 1,663 29 85% 14% (0.4pp) Margin 29% (0.2pp) 364 na Exchange (gain) (72) (92%) (264) (12) na Net Income 812 1

  5. Slide 5: Hotel Performance

    Operative & Financial Results - 2Q18 Hotel Performance (MXN) OWNED AND LEASED HOTELS % Occupancy RevPAR (2 pp) 1,495 78% 1,415 (0%) 77% 1,351 77% 1,302 76% 76% 76% 76% 1,284 1,300 75% 75% 75% 1,222 1,211 74% 74% 1,1761,151 73% 1,074 990 972 989 69% 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3

  6. Slide 6: Vacation Properties

    Operative & Financial Results - 2Q18 Vacation Properties (million pesos) Gross sales LTM Receivables 4% 9% 0% 11% 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 6

  7. Slide 7: EBITDA LTM

    Operative & Financial Results - 2Q18 EBITDA LTM (million pesos) YoY ($288) (17%) CAGR 2Q15 – 2Q18 5% 7

  8. Slide 8: Free Cash Flow, Internal Reporting

    Operative & Financial Results - 2Q18 Free Cash Flow, Internal Reporting (million pesos) BAU FACC 1H18 Cash EoP 2017 1,384 1,384 Sale FACC 2,892 Taxes 682 (682) Provisions (227) Investments in trust (27) EBITDA & cash 691 1,956 2,647 Provisions (133) (133) Working capital & Other 294 294 Dividends (2

  9. Slide 9: Number of hotels and rooms by brand

    Operative & Financial Results - 2Q18 Number of hotels by brand Vacation Luxury Upper Middle Economy Other Club Other Total 2017 4 8 12 2 66 5 12 45 6 2 162 1Q18 2 1 3 2Q18 1 2 1 4 Exits (1) (1) (2) 2018 4 8 12 2 69 5 15 45 6 1 167 Number of rooms by brand Vacation Luxury Upper Middle Economy Other C

  10. Slide 10: Development Plan

    Operative & Financial Results - 2Q18 Development Plan As of June 30, 2018 (26,141 rooms) Estimated portfolio …. June 2021 (36,065 rooms) +38% Other Other Live Aqua 1% Grand Fiesta 1% 2% Live Aqua Americana Vacation 9% Properties 5% Vacation Properties 5% Gamma Gamma 7% 7% Grand Fiesta 7% Americana 9

  11. Slide 11: Financial Health: Net Interest Coverage and Net Debt

    Operative & Financial Results -2Q18 Financial Health (Fx eop 2Q18: 19.6912) Net Interest Coverage Net Debt (US$M) 2Q18 2Q17 (Figures in millions) US$ Notional IFRS MXN US$ Notional IFRS MXN FX eop: 19.6912 17.8775 EBITDA LTM 2,417 1,734 Net Debt / EBITDA Cash 3,270 1,039 Indebtedness: Senior Notes 2

  12. Slide 12: Fiesta Americana Condesa Cancún Hotel

    Fiesta Americana Condesa Cancún Hotel

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