Orbia Advance Corp. Sab De Cv · BMV:ORBIA
Orbia Advance Corp. Sab De Cv — Q1 2019 Earnings Presentation
19 slides from Orbia Advance Corp. Sab De Cv's earnings presentation, 2019
Slide 1: First Quarter 2019 Earnings Results
First Quarter 2019 Earnings Results Conference Call
Slide 2: Forward-Looking Statements
Forward-Looking Statements In addition to historical information, this presentation Mexichem has implemented a Code of Ethics that rules its contains "forward-looking" statements that reflect relationships with its employees, clients, suppliers and management's expectations for the future. The words
Slide 3: Opening Remarks, Business Highlights, Financial Highlights, Closing Remarks
▪ Opening Remarks ▪ Business Highlights ▪ Financial Highlights ▪ Closing Remarks 3 First Quarter 2019 Earnings Results
Slide 4: Overview
Overview Revenue Good momentum in Datacom, up 1% to $1.8 billion Precision Agriculture and Building and Infrastructure, within Fluent 6% on a constant currency basis Business Groups: Fluent up 6% Fluor Vinyl 13% on a constant currency basis revenue flat remained challenging 4 First Quarter 2019 Earn
Slide 5: In Q1 2019, well diversified and every day more downstream to specialty products
In Q1 2019, well diversified and every day more downstream to specialty products Sales by destination Sales by destination 1Q’18 1Q’19 Europe North America Europe North America 38% 29% 38% 29% Others Others South America 14% South America 14% 19% 19% EBITDA 1Q’18 EBITDA 1Q’19 5 First Quarter 2019 Ea
Slide 6: ROIC above our cost of capital consistent with our long-term strategy
ROIC, above our cost of capital consistent with our long-term strategy ROIC (%) 9.2% 8.9% 8.6% Mexichem Group 8.2% 6.5% 6.7% 2015 2016 2017 2018 LTM Mar-19 LTM Mar-19 wo IFRS ROIC: Adjusted NOPAT for continuing operations/Adjusted Equity from continuing operations + Liabilities with cost – Cash. Inc
Slide 7: First Quarter 2019 Earnings Results
7 First Quarter 2019 Earnings Results
Slide 8: Q-bic Plus Infiltration Crates
Q-bic Plus Infiltration Crates Dual purpose: storing rainwater and helping trees grow 8 First Quarter 2019 Earnings Results
Slide 9: Working with a major social media company to help secure fiber connections
Working with a major social media company to help secure fiber connections between several of their U.S. data centers 9 First Quarter 2019 Earnings Results
Slide 10: Las Cuevas fluorspar mine in San Luis Potosi, Mexico
Las Cuevas fluorspar mine in San Luis Potosi, Mexico Saving up to 50,000 gallons of fresh water a day 10 First Quarter 2019 Earnings Results
Slide 11: First Quarter 2019 Earnings Results
11 First Quarter 2019 Earnings Results
Slide 12: Building & Infrastructure, Datacom, Precision Agriculture, Vinyl, Fluor
Building & Precision Datacom* Fluor Vinyl Infrastructure* Agriculture* * Business Groups included as “Fluent” for reporting purposes 12 First Quarter 2019 Earnings Results
Slide 13: First Quarter 2019 Earnings Results
13 First Quarter 2019 Earnings Results
Slide 14: Brief summary of results
Brief summary of results mm US$ First Quarter EBITDA by quarter (US mm) Financial Highlights 2019 2018 %Var. Net sales 1,766 1,756 1% Operating income 186 227 -18% EBITDA 318 330 -4% EBITDA margin 18.0% 18.8% -77 bps EBITDA w o IFRS 16 effect 300 330 -9% Net majority income 48 79 -39% Operating cash
Slide 15: Strong performance by business group
Strong performance by business group X% EBITDA margin X% D% vs last year % Total sales * Constant currency Revenues revenue growth Vinyl Fluent Fluor Vinyl Fluent Fluor 32% 57% 12% 1,853 1,756 1% 1,766 1,756 6% 204 205 204 209 6% 0% 2% 947 1,002 947 1,069 6% 13% 646 -8% 595 646 -5% 612 1Q'18 1Q'19 1
Slide 16: Free cash flow
First Q uarter Free cash flow 2019 2018 %Var. mm US$ EBITDA 318 330 -4% Taxes paid (54) (54) 0% Net interest paid (84) (74) 14% Bank c ommissions (5) (3) 67% Exc hange rate gains (losses) (1) (10) -90% Change in trade working c apital (1) (2) (215) (217) -1% O perating c ash flow before c apex, buy-
Slide 17: Committed with our investment grade rating
Committed with our investment grade rating Last Twelve Months Mar 2019 Dec 2018 Net Debt (USD million) 2,994 2,871 Net Debt/EBITDA 12 M* 2.16x 2.05x Interest coverage 5.23x 5.59x Net debt USD includes $0.3 million of letters of credit with maturities of more than 180 days that for covenant purposes
Slide 18: Strong balance sheet and healthy debt profile
Investment Grade Strong balance sheet and healthy debt profile Fitch Ratings BBB S&P BBB- Moody’s Baa3 Long-Term Debt Schedule US$MM, as of March 31th, 2019 ▪ Debt Average Life 14.19 years ▪ Weighted Average Cost of Debt 4.90% Most Debt at Holdco Level Alignment of Debt to Revenue Currency Conservat
Slide 19: Mexichem.
Mexichem.