Sao Martinho S.a. · BMFBOVESPA:SMTO3
Sao Martinho — 3Q11 Earnings Presentation
7 slides from Sao Martinho's earnings presentation
Slide 1: São Martinho
Ys @ NOVO MERCADO AY DAD Sao Martinho | a0 Sao Martinho
Slide 2: Disclaimer
DISCLAIMER This presentation contains forward-looking statements relating to the business outlook, operating and financial projections, and the growth prospects of São Martinho S.A. These statements merely represent projections and as such are based exclusively on management’s expectations about the
Slide 3: Highlights
HIGHLIGHTS HARVEST 10/11 – OPERATING DATA Table 1 Table 2 09/10 Harvest 10/11 Harvest Change Adjusted EBITDA and EBITDA Margin – 3Q Crushed Sugarcane ('000 tons) 12.923 13.067 1% R$ Million Own 7.584 8.511 12% 550 .0 50. 0% 37.9% 42.5% 45. 0% Suppliers 5.339 4.556 -15% 450 .0 40. 0% TRS 136 145 7% 3
Slide 4: Hedge
HEDGE Chart 1 Chart 2 2010/11 Harvest 2011/12 Harvest 900,000 34% 604,442 61% 295,558 177,515 108,475 69,040 Hedged Volume in Free Volume Total Hedged Volume in Free Volume Total USD 23,08 USD 22,45 4
Slide 5: Indebtedness
INDEBTEDNESS Table 1 DEBT R$ Thousand Dec/09 Dec/10 Chg. (%) Term PESA 73,200 73,756 0.8% Rural Credit 36,537 38,102 4.3% BNDES / FINAME 475,677 372,439 -21.7% Short-term Working Capital 128,796 - -100.0% 26% ACC (Advances on Foreign Exchange Contracts) 200,989 92,308 -54.1% PPE (Export prepayment)
Slide 6: Operating Results
OPERATING RESULTS NET REVENUE/ SOLD VOLUME Table 1 (R$/TRS) C.A.G.R 11.92% SUGAR ETHANOL OTHERS TOTAL 712.4 620.8 Net Revenues 196,902 172,953 20,430 390,285 511.5 454.1 Gross Profit (Cash) 113,519 86,766 6,624 206,909 Gross Margin (Cash) 57.7% 50.2% 32.4% 53.0% Adjusted EBITDA 88,806 72,210 4,822 1
Slide 7: IR Contacts
IR Contacts João Carvalho do Val CFO and IR Officer Felipe Vicchiato Investor Relations Manager Alexandre Gorla Aline Reigada João Carvalho do Val - Diretor Financeiro e de Relação com Investidores Phone: +55 11 2105-4100 Denise Araújo Francisco E-mail: ri@saomartinho.ind.br Gerente de RI Website: w