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

Grupo Posadas Sab de CV Class A — Q1 2017 Earnings Presentation

13 slides from Grupo Posadas Sab de CV Class A's earnings presentation, Apr 27, 2017

  1. Slide 1: Operative & Financial Results - 1Q17 Conference Call

    Operative & Financial Results -1Q17 Conference Call 04/27/2017

  2. Slide 2: Disclaimer

    Disclaimer 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 information that may be deemed to be “

  3. Slide 3: Highlights

    Operative & Financial Results - 1Q17 Highlights • In 1Q17 total revenues and EBITDA grew 7% and 4%, respectively. • EBITDA LTM of $1,667 million, 12% higher. • Three hotel openings in 1Q17. • The pipeline considers 40 hotels, 24% additional rooms to be opened by December 2019. • Cash available as of

  4. Slide 4: Income Statement

    Operative & Financial Results - 1Q17 Income Statement (million pesos) 2017 % QoQ Total revenues 2,186 100 7% Expenses 1,705 78 8% EBITDA MXN 482 22 4% Margin 22% (0.7pp) Net Income (392) (18) na 4

  5. Slide 5: Hotel Performance

    Operative & Financial Results - 1Q17 Hotel Performance OWNED AND LEASED HOTELS % Occupancy RevPAR 16% 0.9pp SYSTEM WIDE HOTELS 11% 1.3pp 5

  6. Slide 6: Vacation Properties

    Operative & Financial Results - 1Q17 Vacation Properties (million pesos) Gross sales LTM Receivables 14% 7% 9% 1% 2014 2015 2016 2017 2014 2015 2016 2017 6

  7. Slide 7: EBITDA LTM

    Operative & Financial Results - 1Q17 EBITDA LTM (million pesos) YoY $184 12% 7

  8. Slide 8: Free Cash Flow, Internal Reporting

    Operative & Financial Results - 1Q17 Free Cash Flow, Internal Reporting (million pesos) Concept 1Q17 EBITDA 482 Working capital & Other 90 CAPEX (198) Deferred Asset (59) Interests, net 4 Taxes (185) FCF 133 Financings 78 Cash 212 Cash BOP 1,770 Cash EOP 1,982 8

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

    Operative & Financial Results - 1Q17 Number of hotels by brand Vacation Luxury Upper Middle Economy Other Club Other Total 2015 3 5 13 67 9 37 7 2 143 1Q16 2 2 2Q16 1 2 1 2 6 3Q16 1 1 4Q16 1 1 1 1 4 Exits 2016 (2) (2) (4) 1Q17 1 2 3 Total 4 7 13 70 10 42 7 2 155 Number of rooms by brand Vacation Lux

  10. Slide 10: Development Plan

    Operative & Financial Results - 1Q17 Development Plan As of March 2017 (24,714 rooms) Estimated portfolio …. December 2019 (30,666 rooms) +24% $9,076 mm 94% Managed Hotels 2017 2018 2019 TOTAL Rooms 2017 2018 2019 TOTAL Live Aqua 1 1 2 Live Aqua 151 250 401 Grand Fiesta Americana 2 2 Grand Fiesta Am

  11. Slide 11: Financial Health

    Operative & Financial Results - 1Q17 Financial Health (Fx eop 1Q17: 18.7079) Net Interest Coverage Net Debt (US$M) 1Q17 1Q16 (Figures in millions) $US Notional IFRS MXN $US Notional IFRS MXN FX eop: 18.7079 17.205 Net Debt / EBITDA EBITDA LTM 1,667 1,483 Cash 1,981 1,591 Indebtedness: Senior Notes 2

  12. Slide 12: Debt mix – 1Q17

    Operative & Financial Results - 1Q17 Debt mix – 1Q17 Currency Tenor (Total Debt) Gross debt: US$404 mm Capitalized expenses: (US$20 mm) Guaranty Total debt: US$384 mm Rate Cash: US$106 mm 100% Variable Fixed 12

  13. Slide 13: Slide 13

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