Slide 1: 2Q07 Earnings Release Presentation
2Q07 Earnings Release Presentation GUIDING THE INNOVATION SPIRIT IN 07 LATIN AMERICA
Slide 2: Positive results for 2Q07
Positive results for 2Q07 REVENUES (US$ millions) • Growth on Revenues, Operating Income and EBITDA 120.0 7.3% 100.3 100.0 93.5 80.0 28.6 32.0 • IT Services-business-two-digits growth rate, drives 60.0 improved operating results 40.0 20.0 57.0 62.8 0.0 7.9 5.5 • Positive regional performance: 2Q-06
Slide 3: CHILE: Profitable growth
CHILE: Profitable growth (US$ millions) Platforms REVENUES OPERATING INCOME IT Services -0.2% 80,0 14.2% 69.4 9.0 7.9 7.9 Applications 70,0 60.8 EBITDA 8.0 7.0 60,0 25,7 16.0 22.6% 15.2 6.0 50,0 21,3 5.0 14.0 12.4 40,0 12.0 4.0 30,0 3.0 10.0 35,3 39,7 2.0 11.4% 20,0 8.0 13.0% 1.0 10,0 6.0 0.0 0,0 4,
Slide 4: CHILE: Profitable growth
CHILE: Profitable growth (US$ millions) FINANCIAL SUMMARY 1H06 1H07 Var % 2Q06 2Q07 Var % SALES 121.0 133.5 10.3% 60.8 69.4 14.2% Platforms 40.3 50.7 25.7% 21.3 25.7 21.1% IT Services 70.3 74.3 5.7% 35.3 39.7 12.4% Applications 10.4 8.5 -18.0% 4.2 4.0 -6.0% OPERATING INCOME 16.3 17.6 8.3% 7.9 7.9 -0
Slide 5: BRAZIL: Acquisition to boost growth
BRAZIL: Acquisition to boost growth (US$ millions) Platforms REVENUES OPERATING INCOME IT Services 18.0 15.6 -12.5% 1.4 1.2 -32.2% Applications 13.6 EBITDA 16.0 0.2 1.2 14.0 0.0 1.0 0.8 12.0 2.0 1.8 -21.9% 0.8 10.0 8.0 13.3 0.6 13.1 1.5 1.4 6.0 0.4 4.0 6.1% 1.0 0.2 7.9% 2.0 0.0 2.1 0.5 0.0 2Q-06 2Q-
Slide 6: BRAZIL: Acquisition to boost growth
BRAZIL: Acquisition to boost growth (US$ millions) FINANCIAL SUMMARY 1H06 1H07 Var % 2Q06 2Q07 Var % SALES 30.9 27.8 -10.1% 15.6 13.6 -12.5% Platforms 0.4 0.7 51.0% 0.2 0.0 -103.9% IT Services 25.8 26.2 1.5% 13.3 13.1 -1.1% Applications 4.6 0.9 -80.4% 2.1 0.5 -76.0% OPERATING INCOME 1.7 1.5 -14.4% 1
Slide 7: MEXICO: Continued improvement
MEXICO: Continued improvement (US$ millions) Platforms REVENUES OPERATING INCOME IT Services 8.0 12.1% 7.3 6.5 0.8 Applications 7.0 1.4 EBITDA 0.6 6.0 0.6 228.7% 1.7 5.0 0,8 0,7 0.4 8.4% 4.0 0,6 0.2 3.0 5.8 304.0% 4.7 0.0 2.0 0,4 9.7% 1.0 0,2 -0.2 2Q-06 2Q-07 0.1 0.0 0.0 -0.4 -7.4% 2Q-06 2Q-07 0,0 2
Slide 8: MEXICO: Continued improvement
MEXICO: Continued improvement (US$ millions) FINANCIAL SUMMARY 1H06 1H07 Var % 2Q06 2Q07 Var % SALES 10.6 13.8 30.8% 6.5 7.3 12.1% Platforms 3.4 1.5 -55.6% 1.7 1.4 -15.2% IT Services 6.9 12.3 78.7% 4.7 5.8 24.8% Applications 0.3 0.0 -100.0% 0.1 0.0 - OPERATING INCOME (1.2) 1.2 -196.7% -0.5 0.6 -228.
Slide 9: ROLA: Mixed performance
ROLA: Mixed performance (US$ millions) Platforms REVENUES OPERATING INCOME IT Services 12.0 -6.1% 10.6 Applications 10.0 10.0 EBITDA 1,4 -11.5% 1,2 1,0 8.0 5.5 4.9 2,0 1,0 0,9 5.7% 1,7 6.0 1,6 0,8 1,5 0,6 4.0 3.8 4.2 0,4 9.2% 2.0 1,0 9.8% 0,2 1.4 1.0 0.0 0,0 0,5 16.6% 2Q-06 2Q-07 14.7% 2Q-06 2Q-07 0
Slide 10: ROLA: Mixed performance
ROLA: Mixed performance (US$ millions) FINANCIAL SUMMARY 1H06 1H07 Var % 2Q06 2Q07 Var % SALES 20.2 19.9 -1.1% 10.6 10.0 -6.1% Platforms 10.3 9.3 -9.6% 5.5 4.9 -11.2% IT Services 7.1 8.8 24.3% 3.8 4.2 10.8% Applications 2.8 1.9 -34.0% 1.4 1.0 -31.2% OPERATING INCOME 2.1 1.7 -22.4% 1.0 0.9 -11.5% EBI
Slide 11: Rise on high value added business
Rise on high value added business REVENUES BREAKDOWN BY REGION REVENUES BY REGION (US$ millions) 100.3 100.0 93.5 10.0% 10.0 10.6 7.3 7.2% 80.0 6.5 13.6 15.6 60.0 ROLA 13.6% 40.0 69.4 Mexico 60.8 20.0 Brazil 69.2% 0.0 Chile 2Q-06 2Q-07 REVENUES BREAKDOWN BY BUSINESS REVENUES BY BUSINESS (US$ million
Slide 12: CONSOLIDATED RESULTS
CONSOLIDATED RESULTS SONDA CONSOLIDATED RESULTS INCOME STATEMENT (US$ millions) 1H06 1H07 Var% 2Q06 2Q07 Var% SALES 182,7 195,1 6,8% 93,5 100,3 7,3% Platforms 54,4 62,1 14,1% 28,6 32,0 11,9% IT Services 110,1 121,6 10,5% 57,0 62,8 10,2% Applications 18,1 11,3 -37,7% 7,9 5,5 -30,5% COST OF SALES (144
Slide 13: SOLID OPERATIONAL GROWTH
SOLID OPERATIONAL GROWTH REVENUES (in US$ millions) EBITDA (in US$ millions) 20.0 19.0 120.0 7.3% 18.0 100.3 15.4 23.0% 100.0 93.5 16.0 14.0 80.0 12.0 10.0 60.0 8.0 40.0 6.0 4.0 20.0 2.0 0.0 0.0 2Q-06 2Q-07 2Q-06 2Q-07 OPERATING INCOME (in US$ millions) NET INCOME (in US$ millions) 12.0 5.7% 10.3 9.
Slide 14: BALANCE SHEET SUMMARY
BALANCE SHEET SUMMARY SONDA S.A. CONSOLIDATED BALANCE SHEET (US$ millions) • Total cash and Jun-07 Jun-06 Var% equivalent of US$ 104 million. Assets 610.9 365.3 67.2% Cash and equivalent 104.0 59.9 73.8% Accounts receivables 129.5 85.0 52.4% • Total financial debt Inventories 16.6 25.0 -33.6% of US$
Slide 15: FINANCIAL RATIOS
FINANCIAL RATIOS 1H07 1H06 Var% GROSS MARGIN (%) 20.7% 21.0% -0.3% SG&A / SALES (%) 9.5% 10.6% -1.2% OPERATING MARGIN (%) 11.2% 10.3% 0.9% EBITDA MARGIN (%) 19.1% 16.5% 2.6% NET MARGIN (%) 10.4% 9.5% 0.9% ROE(*) 9.6% 19.1% -9.5% ROA 6,7% 9.5% -2.8% NET DEBT / TOTAL ASSETS -0,03x 0,13x -0,16x NET DEB
Slide 16: 2Q07 STOCK PERFORMANCE
2Q07 STOCK PERFORMANCE STOCK PRICE (in CH$) Stock Price Ch$ 850 • Average daily volume of 830 US$3.6 million 810 790 770 • Total 2Q07 volume: 750 730 US$234.8 million 710 690 • IPO price: $566 670 650 1-4-07 15-4-07 29-4-07 13-5-07 27-5-07 10-6-07 24-6-07 • Min closing price: $669 VOLUME (in CH$ mil
Slide 17: Q&A Session
Q&A Session Phone (56-2) 657 50 00 Fax (56-2) 657 54 10 Teatinos 500 / Santiago / CHILE www.SONDA.com