Sao Martinho S.a. · BMFBOVESPA:SMTO3
Sao Martinho — 4Q10 Earnings Presentation
8 slides from Sao Martinho's earnings presentation, 2010
Slide 1: 4Q10 Earnings Conference Call
4Q10 Earnings Conference Call 2009/2010 Harvest
Slide 2: Disclaimer
DISCLAIMER This presentation contains forward-looking statements relating to the business outlook, operating and financial projections, and the growth prospects of São Martinho S.A. These statements merely represent projections and as such are based exclusively on management‟s expectations about the
Slide 3: Financial Highlights
Financial Highlights Net Revenues – 12M10 x 12M09 Adjusted EBITDA – 12M10 x 12M09 R$ - Million R$ - Million 1,183.3 363.7 + 53% + 92% 14.9 78.2 124.2 774.4 522.8 63.8 189.8 13.7 481.5 135.1 224.6 582.3 229.1 41.0 12M09 12M10 12M09 12M10 Sugar Ethanol Others Sugar Ethanol Others Net Revenues – 4Q10 x
Slide 4: Guidance – 10/11 Harvest
GUIDANCE – 10/11 Harvest Table 1 Table 2 Operating Guidance – 10/11 Harvest Ethanol Storage Capacity Crushing 13.7 million tons São Martinho Mill 227 „000 M 3 Sugar 860 „000 tons Iracema Mill 135 „000 M 3 Anhydrous Ethanol 260 „000 m 3 Boa Vista Mill 100 ‟000 M 3 Hydrous Ethanol 340 „000 m 3 Group 4
Slide 5: Strategic Partnership Petrobras
Strategic Parnership Petrobras SMTO3 São Martinho S.A Petrobras 12.8 million tons Biocombustível 100% 100% 100% 51% 49% Lands Nova Fronteira Iracema Mill São Martinho Mill 50.000 hectares 3 million tons 8.5 million tons Bioenergia S.A ≈ R$ 1 billion 50,00% 100% 100% JV Usina SMBJ Agroindustrial Amyr
Slide 6: Main Impacts on Balance Sheet after Petrobras Partnership
Main Impacts on Balance Sheet after Petrobras Partnership As of Consolidated Business Unit Business Unit 03/31/2010 GROUP SÃO PAULO GOIÁS Crushing Capacity – million tons 14.0 11.5 2.5 Net Debt – R$ million 825 415 410 Adjusted EBITDA – R$ million 364 327 37 Net Debt / Adjusted EBITDA 2.3 x 1.3 x 11
Slide 7: Strategic Partnership Petrobras: Investment Plan and Production Evolution – Boa Vista Mill
Strategic Partnership Petrobras Investment Plan – Boa Vista Mill R$600 Crushing Capacity – million tons 7.0 Industrial Capex – million R$ million Agricultural Capex – million R$ 5.8 tons 8. 0 R$500 million 4.6 tons 4.0 million 6. 0 R$400 million tons 2.5 tons 4. 0 R$300 million tons 2. 0 R$200 Indus
Slide 8: IR Contacts
IR Contacts João do Val CFO and IR Officer Felipe Vicchiato Investor Relations Alexandre Gorla Investor Relations Analyst João Carvalho do Val - Diretor Financeiro e de Relação com Investidores Denise Araújo Phone: +55 11Francisco 2105-4100 Gerente de RI E-mail: ri@saomartinho.ind.br denise.francisc