Sociedad Matriz Saam S.A. · BCS:SMSAAM
Sociedad Matriz Saam — FY2022 Earnings Presentation
22 slides from Sociedad Matriz Saam's earnings presentation, March 2023
Slide 1: Results Presentation 2022
Results Presentation 2022 March 2023
Slide 2: Disclaimer
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Disclaimer This presentation provides general information about Sociedad Matriz SAAM S.A. (“SMSAAM”) and related companies. It consists of summarized information and does not purport to be complete. It is not intended t
Slide 3: Results 2022
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Results 2022 3
Slide 4: Highlights 2022
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Highlights 2022 • In October 2022, SM SAAM S.A. ("SAAM") announced the signing of a binding agreement with Hapag-Lloyd to sell SAAM Ports S.A. (SM SAAM subsidiary grouping all of its port operations), SAAM Logistics S.A
Slide 5: Highlights 2022
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Highlights 2022 Milestones during the year include: • Upgrade in risk rating from AA- to AA with stable outlook from Humphreys and Feller Rate. • Purchase of towage operations from Standard Towing and Davies Tugboats, w
Slide 6: Accounting Effects of the Transaction
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Accounting Effects of the Transaction Pro Forma Main Accounting Adjustments (ThUS$) Reported Consolidated Data Impact of IFRS 5 and IAS 12(1) Consolidated Data Dec-22 Dec-22 (ThUS$) Discontinued Eliminations and Recogni
Slide 7: Explanation of Accounting Effects of the Transaction
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Explanation of Accounting Effects of the Transaction Consolidated Data Dec-22 (ThUS$) Reported Balance Sheet (ThUS$) Total Dec-22 Continuing Discontinued Dec-2022 Dec-2021 Pro Forma Operations Operations Current assets
Slide 8: Pro Forma Results Exclude Accounting Effects of Transaction
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Pro Forma Results Exclude Accounting Effects of Transaction Consolidated Proforma Income Statement 2022 2021 Δ% Δ (Th US$) Revenue 838,736 748,465 12% 90,271 Cost of sales -580,121 -503,873 15% -76,248 Administrativ e e
Slide 9: Pro Forma Results Exclude Accounting Effects of Transaction
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Pro Forma Results Exclude Accounting Effects of Transaction Consolidated Proforma Income Statement 4Q22 4Q21 Δ% Δ (Th US$) Revenue 214,840 199,596 8% 15,244 Cost of sales -150,945 -134,388 12% -16,557 Administrativ e ex
Slide 10: Growth in Sales and EBITDA in 2022
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Growth in Sales and EBITDA in 2022 CONSOLIDATED REVENUE (MUS$) CONSOLIDATED EBITDA (MUS$) GEOGRAPHIC DISTRIBUTION OF CONSOLIDATED EBITDA +12% Central America +5% 24% 839 748 281 South America 131 268 29 42% Excluding Ch
Slide 11: Healthy Financial Ratios and Robust Liquidity Position
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Healthy Financial Ratios and Robust Liquidity Position CONSOLIDATED NET FINANCIAL DEBT (MUS$)(1.2) NFD / CONSOLIDATED EBITDA AMORTIZATION PROFILE FOR CONSOLIDATED DEBT(MUS$) (3) 211 691 172 2,0 1,8 1,5 117 378 1,3 96 31
Slide 12: Towage Division 2022
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Towage Division 2022 12
Slide 13: Towage Operations
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Towage Operations Services for Mining Harbour Towage Companies and Oil & Gas Terminals • Vessel berthing and deberthing in port • Maritime and offshore services • +37,000 ships serviced per year for Oil & Gas terminals
Slide 14: Towage
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Towage Growth in Sales and Volumes CONSOLIDATED REVENUE (MUS$)(1) +15% 390 • Growth in harbour towage maneuvers 340 associated with increased market MANEUVERS (TH)(1) activity and consolidation of the new +19% operation
Slide 15: Port Terminals Division 2022
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Port Terminals Division 2022 15
Slide 16: Port Terminals: Better mix of services compensates for lower throughput
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Port Terminals: EQUITY-METHOD REVENUE(2) CONSOLIDATED REVENUE (1) Better mix of services +8% compensates for lower 364 +13% 337 throughput in 2022 -5% 282 318 +5% 92 87 75 79 • Increases in warehousing services due to 2
Slide 17: Container Traffic Growth Forecasted for 2023
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Previsión de la evolución del tráfico mundial de contenedores Container Traffic Growth Forecasted for 2023 Forecasted World Container Port Throughput Forecasted Latin America Container Port Throughput TEU transferred (m
Slide 18: Other Business 2022
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Other Business 2022 18
Slide 19: Logistics Chile and Aerosan
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions Logistics Chile: CONTAINERS AT BONDED WAREHOUSES (1) • Growth in warehousing because of +2% terminal congestion. 58,046 59,349 -30% 16,559 11,532 2021 2022 4Q21 4Q22 Aerosan: TONS AEROSAN (1) • Downward trend in tons ha
Slide 20: 2023 Outlook
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions 2023 Outlook 20
Slide 21: 2023 Outlook
Results 2022 Aggregate Results 2022 Division Results 2022 2023 Outlook Questions 2023 Outlook • Decreased dynamism persists in the global economy • Effects of inflationary pressures on costs impact margins • Organic capex estimated at US$ 100 million and inorganic investments estimated at US$ 215 mi
Slide 22: Questions
| asaam Questions