Grupo Posadas Sab De Cv Class A · BMV:POSADAS/A
Grupo Posadas Sab De Cv Class A — Q3 2019 Earnings Presentation
12 slides from Grupo Posadas Sab De Cv Class A's earnings presentation, Oct 24, 2019
Slide 1: Operating & Financial Results - 3Q19
Fiesta Americana Condesa Cancún hotel Operating & Financial Results - 3Q19 October 24, 2019
Slide 2: Disclaimer
Disclaimer Operating & Financial Results - 3Q19 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
Slide 3: Summary – 3Q19 Highlights
Summary – 3Q19 Highlights Operating & Financial Results - 3Q19 • In 3Q19 revenues reached $2,268 million. • 3Q19 EBITDA of $357 million according to IFRS 16 standard that went into effect on January 1st, 2019; $164 million comparable. • Seven hotel openings in 2019 with 1,921 rooms. • Twelve hotel o
Slide 4: Income Statement (million pesos)
Income Statement (million pesos) Operating & Financial Results - 3Q19 IFRS 16 BAU IFRS 16 BAU 3Q19 Leases 3Q19 3Q18 QoQ 9M19 Leases 9M19 9M18 YoY 2,268 2,268 1,913 19% Total revenues 6,340 6,340 5,822 9% 1,911 193 2,105 1,637 29% Expenses 5,202 517 5,719 4,871 17% EBITDA Excl. Asset Sale 622 952 (35
Slide 5: Hotel Performance
Hotel Performance Operating & Financial Results - 3Q19 OWNED AND LEASED HOTELS % Occupancy RevPAR (5pp) (5%) 1,495 78% 1,415 1,375 77% 1,351 1,319 76% 76% 76% 1,284 1,302 1,300 75% 75% 1,211 1,213 1,243 74% 74% 74% 74% 1,166 1,151 72% 70% 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3
Slide 6: Vacation Properties (million pesos)
Vacation Properties (million pesos) Operating & Financial Results - 3Q19 Gross Sales LTM Receivables 11% 18% 3,294 5,828 2,965 4,945 2,702 4,369 2,321 3,995 2,016 3,320 1,589 4% 14% 2,575 3,148 1,420 1,413 1,466 2,768 2,527 1,226 2,302 878 1,012 1,832 2,069 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q
Slide 7: EBITDA LTM (million pesos)
EBITDA LTM (million pesos) Operating & Financial Results - 3Q19 1,800 1,625 1,650 1,606 1,541 1,559 3,500 1,600 1,483 1,508 1,478 1,402 1,343 3,000 1,400 1,280 1,272 2,500 1,200 1,072 1,039 942 2,000 1,000 3,751 3,270 1,500 2,734 800 2,702 2,637 2,445 2,222 600 1,982 1,783 1,000 1,591 1,770 1,621 1,
Slide 8: Openings 2019
Openings 2019 Operating & Financial Results - 3Q19 12 4 4 1 2 Oaxaca Viaducto Churubusco Reynosa Valle Mty Rincón de Santiago Alto Mty Centro Versalles Gdl Aeropuerto San Luis Potosí Galerías Explanada Puebla Celaya Celaya Al Varadero Parque Puebla Tapachula Guadalajara Periférico Poniente Irapuato
Slide 9: Pipeline
Pipeline Operating & Financial Results - 3Q19 Hotels Vacation Luxury Upper Middle Economy Other Club New New Brand Brand Other Total 3Q19 5 8 15 2 70 6 19 46 6 1 178 4Q19 1 2 3 1 4 3 14 2020 2 1 1 1 3 5 13 46 2021 1 2 2 4 1 1 2 2 1 1 17 26% 2022 1 1 2 Total 1 10 11 22 4 2 76 9 26 55 6 2 224 Rooms Va
Slide 10: Free Cash Flow, Internal Reporting (million pesos)
Free Cash Flow, Internal Reporting (million pesos) Operating & Financial Results - 3Q19 Concept BAU Asset Sale 9M19 Cash eop 2018 2,197 537 2,734 EBITDA 622 622 Working capital & Other (419) (419) Interests, net (261) (261) Financings (17) (143) (160) Taxes (342) (342) Statutory employee profit shar
Slide 11: Financial Health: Net Interest Coverage and Net Debt
Financial Health (Fx eop 19.6363) Operating & Financial Results - 3Q19 334 4.8x 4.7x 4.8x 5.0x Net Interest Coverage 320 324 309 293 291 295 298 271 278 Net Debt (US$M) 252 258 253 2.9x 2.7x 2.8x 2.8x 2.8x 2.9x 2.7x 2.8x 229 2.1x 2.0x 189 1.7x 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4
Slide 12: Grand Fiesta Americana Coral Beach hotel
Grand Fiesta Americana Coral Beach hotel 12
Grupo Posadas, S.A.B. de C.V. — Q3 2019 Earnings Presentation on 6ix