Compania Sud Americana De Vapores S.a. · BCS:VAPORES
Compania Sud Americana De Vapores — Q1 2016 Earnings Presentation
17 slides from Compania Sud Americana De Vapores's earnings presentation, May 2016
Slide 1: CSAV's Q1 2016 Results
CSAV’s Q1 2016 Results May 2016
Slide 2: Agenda
Agenda 1. Highlights 2. Market Situation 3. Q1 2016 Results 4. Cash Position 5. Outlook
Slide 3: 1. Highlights
BBP cow hag as ——— 1. Highlights EICSAV
Slide 4: Highlights
Highlights CSAV reported a loss of MMUS$ 27.2 for 1Q16, which negatively compares to the profit of MMUS$ 70.9 reported for the same period in 2015. This loss is explained primarily by the loss of MMUS$ 21.1 obtained in the container shipping segment. This negative result is explained, in turn, by th
Slide 5: 2. Market Situation
BBP cow Cc Foes S| 2. Market Situation EIICSAV
Slide 6: Orderbook/Fleet
Containership Fleet Graph 1: Orderbook / Fleet: 19,9% (May 2016) Graph 2: Idle Fleet: 1,380,000 TEU or 6.9% (May 2016) Fleet Orderbook Orderbook to Fleet Ratio Idle Fleet % of Total Fleet 25 90% 1.600 16% 80% 1.400 14% Idle Capacity in Th. TEU 20 Orderbook/Fleet 70% 1.200 12% % of Total Fleet Millio
Slide 7: Market Evolution
Market Evolution Graph 4: SCFI vs Rotterdam Platts (May 2016) (1) (2) SCFI -RTM Margin Rotterdam Platts* SCFI* 1.800 Average Margin Average Margin Average Margin Average Margin Average Margin Average Margin 2010 = 918 2011 = 392 2012 = 605 2013 = 480 2014 = 536 2015 = 468 1.600 1.400 1.200 1.000 800
Slide 8: 4. Q1 2016 Results
BBP cow Cc = S| 4. Q1 2016 Results EIICSAV
Slide 9: CSAV's Q1 2016 Results
CSAV´s Q1 2016 Results Q1 2016 Q1 2015 Var MM US$ MM US$ MM US$ Operating revenue 32.1 71.5 (39.4) Operating cost (37.1) (70.6) 33.6 Gross margin (4.9) 0.9 (5.8) SG&A and others (3.4) (4.2) 0.8 Other revenue net 0.5 0.5 0.0 Operational result (7.8) (2.8) (5.0) EBITDA (7.3) (2.0) (5.3) Financial resu
Slide 10: CSAV's investment in Hapag-Lloyd joint venture
CSAV´s investment in Hapag-Lloyd joint venture Hapag-Lloyd Group figures March 31, 2016 MM US$ Group Profit/Loss attributable to shareholders (48.5) CSAV equity-account on HLAG investment MM US$ Equity-account investees at December 31, 2015 1,792.4 on Hapag-Lloyd result (15.2) PPA fair value adjustm
Slide 11: Reporting Segments Results
Reporting Segments Results Container transport services Other transport services Var Var Q1 2016 Q1 2015 Q1 2016 Q1 2015 MM US$ MM US$ MM US$ MM US$ MM US$ MM US$ Operating revenue - - - 32.1 71.5 (39.4) Operating cost - - - (37.1) (70.6) 33.6 Gross margin - - - (4.9) 0.9 (5.8) SG&A and others (0.8)
Slide 12: Hapag-Lloyd's Q1 2016 Results
Hapag-Lloyd´s Q1 2016 Results For more details on HLAG´s results please visit IR Section of HLAG website – http://www.hapag-lloyd.com/en/investor_relations/overview.html 12
Slide 13: 4. Cash Position
BBP cow Cc = S| 4. Cash Position EIICSAV
Slide 14: Cash Position
Cash Position Graph 5: Cash Position (USD million) 52,4 39,3 -7,3 -5,2 0,1 -0,7 Cash Position of EBITDA Change in working capital Investment cash flow Financing cash flow Cash Position of Dec 31, 2015 Mar 31, 2016 14
Slide 15: 5. Outlook
5. Outlook EICSAV
Slide 16: Outlook
Outlook Graph 6: SCFI vs Rotterdam Platts SCFI -RTM Margin Rotterdam Platts* SCFI* 1.800 Avg. Margin Avg. Margin Avg. Margin Avg. Margin Avg. Margin Avg. Margin 2010 = 918 2011 = 392 2012 = 605 2013 = 480 2014 = 536 2015 = 482 1.600 1.400 1.200 1.000 800 600 400 200 0 Mar-10 Sep-10 Mar-11 Sep-11 Mar
Slide 17: Disclaimer
Disclaimer This presentation provides general information about Compañía Sud Americana de Vapores S.A. (“CSAV”). It consists of summary information and does not purport to be complete. It is not intended to be relied upon as advice to potential investors. No representations or warranties, express or
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