Companhia De Gas De Sao Paulo - Comgas · BMFBOVESPA:CGAS3
Companhia De Gas De Sao Paulo - Comgas — Companhia de Gás de São Paulo - Comgás — Q3 2019 Earnings Presentation
10 slides from Companhia De Gas De Sao Paulo - Comgas's earnings presentation, November 2019
Slide 1: Financial and Operational Results 3Q19
Financial and Operational Results 3Q19
Slide 2: Disclaimer
Disclaimer This presentation contains estimates and forward-looking statements regarding our strategy and opportunities for future growth. Such information is mainly based on our current expectations and estimates or projections of future events and trends, which affect or may affect our business an
Slide 3: Highlights
Highlights • Connection of 61 industries, 765 commercial establishments and 92,000 households in 12 months, totaling 1.972 million customers; • Ex-thermal volume reached 1.1 billion m³, down 5% compared to the same quarter last year; • SG&A expenses totaled R$ 140 million, 9% over the same period; •
Slide 4: Operational Performance
Operational Performance 3Q19 3Q18 3Q19 X 3Q18 Volume (thousand m³) 9M19 9M18 2018 x 2017 86,081 81,672 5.4% RESIDENTIAL 210,713 207,128 1.7% 41,516 42,307 -1.9% COMMERCIAL 119,419 116,241 2.7% 885,333 939,661 -5.8% INDUSTRIAL 2,651,020 2,670,332 -0.7% 80,375 86,246 -6.8% COGENERATION 250,709 236,063
Slide 5: Regulatory Current Account
Regulatory Current Account 313 251 230 161 132 0 -160 -221 -268 -259 -354 -414 -451 Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep 2016 2017 2018 2019 In BRL million 5
Slide 6: Financial Performance
Financial Performance EBITDA Net Income CAPEX 19% 27% 58% 96% >100% 759 650 546 438 388 373 293 219 187 139 3Q18 3Q19 3Q18 3Q19 3Q18 3Q19 IFRS Normalized IFRS Normalized 17% 26% 57% 72% >100% 1,878 1,728 1,000 921 1,474 732 1,093 481 600 381 9M18 9M19 9M18 9M19 9M18 9M19 IFRS Normalized IFRS Normali
Slide 7: Debt Profile
Debt Profile R$ Thousand June 2019 December 2018 ∆% Short Term Debt 559,808 564,844 -0.9% Long Term Debt 2,464,072 2,717,774 -9.3% Leasing 11,444 0 N/A Total Debt ( 1) 3,035,324 3,282,618 -7.5% (-) Cash and Marketable Securities 2,675,760 1,727,341 54.9% (=) Net Debt 359,564 1,555,276 -76.9% EBITDA
Slide 8: Guidance
Guidance 2018 9M19 Guidance² 2019 Achieved Acheved Mín Máx 1,905 1,972 2,005 2,025 Total customers (thousand) 4,543 3,399 4,600 4,750 Volume ex-thermal (mm m³) 1,938 1,728 1,950 2,100 Normalized EBITDA¹ (R$mm) 530 600 800 900 CAPEX (R$mm) 1 - Recurring; 2 - Revised values acording Material Fact publ
Slide 9: Investor Relations
INVESTOR RELATIONS investidores@comgas.com.br ri.comgas.com.br (11) 4504-5065 NELSON GOMES CEO GUILHERME MACHADO CFO and IRO Av. Brigadeiro Faria Lima, nº 4100, 4º andar – Itaim Bibi - CEP 04538-132 / São Paulo - SP - Brasil
Slide 10: comgos
comgos
Companhia de Gás de São Paulo - Comgás — Q3 2019 Earnings Presentation on 6ix