Grupo Carso Sab De Cv Class A1 · BMV:GCARSO/A1
Grupo Carso Sab De Cv Class A1 — Grupo Carso — Investor Presentation (May 2014)
15 slides from Grupo Carso Sab De Cv Class A1's investor presentation, May 2014
Slide 1: Corporate Presentation May, 2014
Corporate Presentation May, 2014
Slide 2: Grupo Carso in brief
Grupo Carso in brief • Leading conglomerate in Mexico with diversified operations – 3 business sectors: Retail, Industrial and Infrastructure. • With well-known brands and formats such as: – Sears, Sanborns, Ishop/MixUp, Saks Fifth Avenue – Condumex, Promotora de Partes Electricas, Sinergia and Micr
Slide 3: Business Segments
Business Segments Industrial and Retail and Infrastructure and Manufacture Consumption Construction – Telecom – Restaurant – Civil Construction – Construction – Department Stores – Manufacture and Services – Energy – Entertainment Stores for the Oil&Chemical Ind. – Automotive – Infrastructure – Duct
Slide 4: Recent Events
Recent Events Appointment of CEO Gcarso announced on April, 2014 the appointment of Mr. Antonio Gómez García, currently CEO of CICSA and Condumex, as the new CEO of Grupo Carso, substituting Mr. José Gutiérrez-Olvera, who decided to take his retirement, but will remain part of the Board of Directors
Slide 5: Outstanding Figures 2013
Outstanding Figures 2013 Million Pesos 2010 2011 2012 2013* Var Sales 64,196 78,678 83,316 85,871 3.1% Operating Income 6,887 6,918 9,103 17,277 89.8% Op Mg 10.7% 8.8% 11.0% 20.1% 9.1pp EBITDA 8,204 8,310 10,535 18,601 76.6% EBITDA Mg 12.8% 10.6% 12.6% 21.7% 9.1 pp Controlling Net Income 7,092 4,321
Slide 6: Contribution to 2013 results
Contribution to 2013 results Infrastructure and Retail and Consumption Industrial and Manufacture Construction Grupo Sanborns Grupo Condumex CICSA Million Million Million Ps 2011 2012 2013 Var% Ps 2011 2012 2013 Var% Ps 2011 2012 2013 Var% Sales 36,416 39,411 40,514 2.8% Sales 28,793 27,415 26,723 -
Slide 7: Financial Situation
Financial Situation EBITDA Million Pesos CapEx by Business Segment 21000 Net Debt 5,000 18,601 19000 3,877 17000 4,000 3,300 15000 2,773 300 3,000 13000 12,118 2,347 500 3,109 650 205 11000 10,535 2,000 1,791 467 8,989 9,328 773 8,204 8,310 396 9000 7,468 334 2,500 6,766 1,000 1,675 7000 5,752 561 1
Slide 8: Retail and Consumption
Retail and Consumption Grupo SANBORNS (47% of consolidated sales 2013) Has nationwide presence through its retail formats Grupo Sanborns 2013 iShop/ Grupo Sanborns 2013 Revenue Breakdown Other M EBITDA Breakdown 5.1% 6.4% Other iShop/ Sanbo Sanbo 20.5% Mix 18.7% 29.5% 11.1% Sears Sears 53.7% 54.4% G
Slide 9: Industrial and Manufacture
Industrial and Manufacture Grupo CONDUMEX (31% of consolidated sales 2013) Industrial conglomerate focused mainly in the Telecom, Energy, Construction and Mining sectors. Revenue Breakdown by Business Sector Markets: Var% 2013 • Mobile and Traditional telephone companies in LatAm; vs. 2012 • Heavy b
Slide 10: Infrastructure and Construction
Infrastructure and Construction Carso Infraestructura y Construcción (22% of consolidated sales 2013) CICSA is one of the largest infrastructure and construction companies in Mexico servicing 5 main business sectors: 1. Manufacturing and Services for the CICSA Oil & Chemical Industry; Million Ps 201
Slide 11: CICSA's Financial Position
CICSA’s Financial Position Backlog $17,361 MM Ps 2013 Housing 75,914 Ducts 686,547 Civil Const Infrastr 3,321,655 7,701,327 Manuf and Services for Oil &C 5,575,703 Independencia I Oil Jack-Up Main projects for CICSA: Water sewage system (Tunel Emisor Ote); Plaza Carso multiple use complex, secon
Slide 12: Investment Thesis
Investment Thesis • Dynamic conglomerate that adapts its business portfolio quickly to take advantage of economic cycles, market tendencies and business opportunities; • Focus on industries where its divisions have strong competitive position; • Retail sector with well-known formats and nationwide p
Slide 13: Gallery of Projects
Gallery of Projects Guadalajara By-pass road Culiacan By-pass road CFE Solar Panels built by Condumex Atotonilco Waste water Plant Oil Drilling Sears Nuevo Veracruz
Slide 14: Gallery of Projects
Gallery of Projects Star Medica Hospital Swecomex Platform Construction TEO Emisor Oriente Water Sewage Tunnel (TEO) Nuevo Veracruz Shopping Center
Slide 15: Forward Looking Statements
Forward Looking Statements: Certain statements in this corporate presentation may be related to expectations about future events of Grupo Carso. The phrases "will allow," "will," "estimate," "expect," "intend," "might," "should" and similar expressions generally indicate comments based on financial