Sociedad Matriz Saam S.a. · BCS:SMSAAM
Sociedad Matriz Saam — Investor Presentation (March 2015)
22 slides from Sociedad Matriz Saam's investor presentation, March 2015
Slide 1: SMSAAM Corporate Presentation
SMSAAM Corporate Presentation 1 1
Slide 2: Disclaimer
Disclaimer This presentation provides general information about Sociedad Matriz SAAM S.A. (“SM SAAM”) and related companies. It is summarized information and does not claim, in any way, to be complete. It is not intended to be considered as an advice to potential investors. No representations or war
Slide 3: Leader in Latin America
Leader in Latin America The Company provides comprehensive cargo transfer services for clients in the export and import business, and to shipping and airline companies present in the most important Latin American markets Port Terminals Tugboats Logistics 10 Port Terminals 191 (1) +350 ha. Tugboats S
Slide 4: Milestones achieved in 2014
Milestones achieved in 2014 • Strengthening of our competitive positions in America : • Two new markets: Canada and Panama, where we are leaders • 2nd Tugboat operator in Brazil • Replacements in top management teams aimed at structural strengthening • Reversal of the effects caused by the port stri
Slide 5: Recent Events
Recent Events Tugboats : • Beginning of SAAM & SMIT joint tugboat service operation in four American countries. ‐ Under the new name of SAAM SMIT Towage, the new company operates a fleet of 111 tugboats in over 30 terminals in Brazil, Panama, Mexico and Canada • In Mexico, progress was made in contr
Slide 6: SM SAAM Shareholders as of December 31, 2014
SM SAAM Shareholders as of December 31, 2014 Total: 3,517 shareholders Market Cap* MUS$776 Other (retail) Quiñenco (Luksic 19% Group) Free Float 45.1% 42% Total Shares (**) 9,736,791,983 Foreign 9% Dividend yield 2013 2.8% Dividend yield 2014 4.4% 11 Directors Other Directors’ Committee Instituciona
Slide 7: Luksic Group
Luksic Group Luksic Group 81% 19% Mining Industrial / Financial Services Market Capitalization US$ 3.6billion (1) (1) Market Capitalization as of December 31, 2014 7 7
Slide 8: Quiñenco: Main Operating Companies
Quiñenco: Main Operating Companies % Control as of September 2014 51.3% 60% 29%(2) 65.9% 54.5%(3) 42.4% 100% Mkt. Cap (1): Mkt. Cap (1): Mkt. Cap (1): Mkt. Cap (1): Mkt. Cap (1): Mkt. Cap (1): US$828 MM(4) US$11.0 B US$3.5B US$1.3 B US$170 MM US$1.0 B US$0.8 B • 1st bank in Chile • No.1 Chilean • Gl
Slide 9: Our Businesses
a7isaam Our Businesses a Ares Oo ol tgs aun WASTE
Slide 10: Port Terminals
Port Terminals Foreign FIT TMAZ Florida International Terminal Maritimo Puerto Buenavista Terminal Portuario Terminal, USA Mazatlan, Mexico S.A. Colombia de Guayaquil, PBV Ecuador Chile TPG TPA ITI Terminal Puerto Iquique Terminal Antofagasta ATI Arica S.A. Internacional S.A. Terminal STI Internacio
Slide 11: Port Terminal Highlights
Port Terminal Highlights • Major port operator in South America • 10 Port Terminals in 5 countries of America • US$ 234 million revenues 2014 • 30.6 million tons transferred in 2014 Tons TEUs Dock Dock Extension Share Area End of Country Terminal Length Draft Holding 2014 2014 (ha) Concession Option
Slide 12: SAAM Ports
SAAM Ports Annual tons Transferred (in thousands) +7% 32,893 -5% 31,133 -2% 30,602 +9% +16% 30,752 28,091 24,151 2009 2010 2011 2012 2013 2014 Annual TEUs Transferred (in thousands) +2% 2,684 -2% +18% 2,634 2,625 +10% +12% 2,238 2,032 1,822 2009 2010 2011 2012 2013 2014 12 12
Slide 13: Tugboats
Tugboats Highlights • US$ 284 million revenues 2014 • Fourth Operator at World Level Canadá • Leaders in Latin America Mexico • Operations in 11 Countries Guatemala Honduras Costa Rica • 191 Tugboats (*) Panama Ecuador • 66% of Azimuth tugboats Brasil Peru • Presence in over 70 Ports Chile Uruguay (
Slide 14: SAAM SMIT TOWAGE synergies estimated at US$10 million per year
SAAM SMIT TOWAGE synergies estimated at US$10 million per year Executive Summary Figures as of Dec 2014 SMIT – Canada (N°1 Market Share in West Coast) Tugboats 22 SAAM – Mexico (N°1 Market Share) SAAM – Brazil Tugboats 27 Tugboats 27 SST – Brazil (N°2 Market Share) SMIT – Panama (N°1 Market Share) S
Slide 15: Logistics services
Logistics services • Provides different services across the chain, mainly as a “door-to-port” operator • US$257million revenues 2014* Services to Vessels / Aircrafts Agency Services Services to Aircrafts & Passengers Ports Stevedoring (1) Container Depots Contract Logistics Warehousing, Storage & Re
Slide 16: Financial Highlights
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Slide 17: Successful and Diversified Business Model
Successful and Diversified Business Model : SUSTAINED REVENUE GROWTH 694 775 726 639 555 5% 7% 283 9% 246 247 15% 213 194 426 448 479 492 361 2010 2011 2012 2013 2014 Consolidated Affiliates STABLE MARGINS 250 26% 24% 24% 25% 22% 23% 200 185 20% 155 154 165 150 145 +12% +7% 77 15% +7% -1% 71 65 66 6
Slide 18: Successful and Diversified Business Model
Successful and Diversified Business Model DISTRIBUTION OF REVENUES 2014 EBITDA DISTRIBUTION 2014 Tugboats Logistic Logistic 16% 40% 30% Tugboats 50% Ports Ports 34% 30% Note: Based on consolidated EBITDA and affiliates proportional to ownership. Note: Based on consolidated EBITDA and affiliates prop
Slide 19: Leverage Capacity
Leverage Capacity NET FINANCIAL DEBT (MMUS$ December 2014) Consolidated Basis 2014 2013 353 Net Financial Debt / 1.35x 1.51x EBITDA Net Financial Debt / 0.21x 0.21x Equity 163 219 89 Consolidated Basis 2014 2013 134 Leverage 0.55x 0.55x 190 74 145 Financial Leverage 0.27x 0.28x 45 Current liquidity
Slide 20: CAPEX 2015
CAPEX 2015 Segments 2015 Projected Investments Major Investments (consolidated + PV) (Proportional Value) Port Terminals ThUS 44,419 • Extension and reconstruction - San Vicente International Terminal (27F). • Dock extension and purchase of equipment - San Antonio International Terminal. • Purchase
Slide 21: Contact
Contact Paula Raventos Head of Investor Relations Sociedad Matriz SAAM S.A. Hendaya 60, 8th Floor, Santiago, Chile (56-2) 2731-8240 praventos@saamsa.com www.smsaam.com 21
Slide 22: SMSAAM Corporate Presentation
SMSAAM Corporate Presentation 22 22
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