Altri, SGPS, S.A. · EURONEXT:ALTR
Altri, SGPS — FY2017 Earnings Presentation
12 slides from Altri, SGPS's earnings presentation, Mar 8, 2018
Slide 1: Financial information - FY17
Informação financeira 2012 ALTRI, SGPS, S.A. Public Company Head Office: Rua do General Norton de Matos, 68, r/c – Porto Fiscal Number 507 172 086 Share Capital: 25,641,459 Euro Financial information - FY17 (unaudited) This document is a translation of a document originally issued in Portuguese, pre
Slide 2: Key Indicators 2017
Financial Information 2017 Key Indicators 2017 • 1,042 thousand tons of pulp produced (+1%) • 1,054 thousand tons of pulp sold (+2%) • Total revenue: 665.8 million Euro (+9%) • EBITDA: 191.1 million Euro (+14%) • Operating income: 137.4 million Euro (+18%) • Net profit: 96.1 million Euro (25%) • Fre
Slide 3: Annual Income Statement
Financial Information 2017 The consolidated financial information hereby presented was prepared in accordance with the International Financial Reporting Standards (IFRS). Annual Income Statement 2017/2016 2017 2016 Thousand Euro Var% Total Revenues 665,779 612,496 8.7% Cost of sales 257,011 244,831
Slide 4: Record Production in 2017: 1.042 million tons of pulp produced
Financial Information 2017 Record Production in 2017: 1.042 million tons of pulp produced Once again, during 2017, Altri achieved a new record in terms of production and pulp sales. Hence, in 2017 were produced around 1.042 million tons of pulp (more 12 thousand tons when compared to the previous ye
Slide 5: Pulp Sales: Detail by Region and Use
Financial Information 2017 Pulp Sales: Detail by Region Others; 10% China; 10% Portugal; 10% Europe; 70% Pulp Sales: Detail by Use VSF; 9% Others; 1% Specialities; 19% Tissue; 50% Printing and Writing; 21% -5-
Slide 6: Costs Analysis and EBITDA
Financial Information 2017 Costs Analysis In 2017, total costs, excluding amortization, financial costs and taxes, reached 474.7 million Euro, which represents a 7% increase when compared to 2016. It is important to underline that, in 2017, biological assets were recorded, for the first time, at the
Slide 7: 4th Quarter of 2017: EBITDA reached 49.9 million Euro
Financial Information 2017 4th Quarter of 2017: EBITDA reached 49.9 million Euro 4Q17/4Q16 4Q17/3Q17 4Q 2017 4Q 2016 3Q 2017 Thousand Euro Var% Var% Total Revenues 174,987 159,092 10.0% 165,539 5.7% Cost of sales 56,816 67,153 -15.4% 62,233 -8.7% External supplies and services 44,994 42,869 5.0% 39,
Slide 8: Fourth quarter results and free cash flow
Financial Information 2017 EBITDA in the fourth quarter of 2017 amounted to 49.9 million Euro, with an EBITDA margin of 28.5%, which represents an increase of 4.1 p.p. when compared to the EBITDA margin reported in the same period of 2016. Net profit reached 28.1 million Euro, an increase of 40.9% w
Slide 9: Free cash flow allocation and net debt
Financial Information 2017 Annual allocation of the free cash flow to equity between 2010 and 2017 83 72 68 58 57 51 51 48 50 40 9 4 4 5 4 0 2010 2011 2012 2013 2014 2015 2016 2017 Net Debt Reduction Dividends Paid (values in million Euro) Also, it should be noted that in 2017 the free cash flow per
Slide 10: Pulp Market
Financial Information 2017 Pulp Market According to data from Pulp and Paper Products Council (PPPC), World Chemical Market Pulp Global 100 Report, in 2017, the total demand for hardwood pulp increased about 4.9%, which represents, in absolute amounts, an increase of 1.59 million tons. Analysing by
Slide 11: Altri – Business Profile
Financial Information 2017 Altri – Business Profile Altri is a reference in European eucalyptus pulp producers. In addition to pulp production, the Company is also present in the renewable power production business from forest base sources, namely industrial cogeneration through black liquor and bio
Slide 12: Altri's organic structure
Financial Information 2017 Altri’s organic structure is as follows: Oporto, March 8, 2018 - 12 -