Sociedad Quimica Y Minera De Chile Sa Pfd Series A · BCS:SQM_A
Sociedad Quimica Y Minera De Chile Sa Pfd Series A — Sociedad Química y Minera de Chile (SQM) — Q2 2015 Earnings Presentation
9 slides from Sociedad Quimica Y Minera De Chile Sa Pfd Series A's earnings presentation, 2015
Slide 1: Second Quarter Earnings Presentation / 2015
Second Quarter Earnings Presentation / 2015
Slide 2: Important Notice
> Important Notice Statements in this presentation concerning the Company’s business outlook or future economic performances, anticipated profitability, revenues, expenses, or other financial items, anticipated cost synergies and product or service line growth, together with other statements that ar
Slide 3: Results
> Results Revenues Net Income 3.000 700 649 2.429 600 546 2.500 2.145 2.203 2.014 500 467 2.000 1.830 1.830 382 400 1.500 296 299 300 1.000 200 500 100 0 0 2010 2011 2012 2013 2014 LTM June 2010 2011 2012 2013 2014 LTM June 2015 2015 Second Quarter Earnings / 2015 3
Slide 4: Results: Revenue and Gross Margin Contribution
> Results Revenue Contribution Gross Margin Contribution 1100 330 1.056,4 13 -37 310 300 1000 -44,2 14 295 -44,1 -3,8 290 5 -6 -8,2 900 871,8 270 -79,2 -5,2 800 250 Revenue six months ended June 30, 2015: US$872mm Higher margins despite lower pricing in two main products Revenue six months end
Slide 5: Results: Price vs. Margin
> Results Price vs. Margin 100,00 60% Potassium and Iodine Price (base 100) 80,00 50% 60,00 EBITDA Margin Iodine Price 40,00 Potassium Price 40% 20,00 Linear (EBITDA Margin) 0,00 30% Second Quarter Earnings / 2015 5
Slide 6: 2015 Market Outlook
> 2015 Market Outlook Potash Market : Global demand is expected to be less in 2015 than in 2014; could lead to downward price pressure Potassium Nitrate: Strong growth seen in water soluble (high margin) potassium nitrate Iodine Market: Growth expected >3% Lithium Market: Strong market growt
Slide 7: Ongoing Efforts
> Ongoing Efforts Tax Amendments (filed Q3) Arbitration with CORFO Supply/Demand Equilibrium in Iodine Second Quarter Earnings / 2015 7
Slide 8: Ongoing Efforts / Dispute with CORFO
> Ongoing Efforts / Dispute with CORFO Timeline Arbitration Details 1993: SQM entered into lease agreement with CORFO CORFO alleges the following: (expires in 2030) 1. SQM underpaid CORFO US$8.9 million between 2009 and 2013 1993 – 2014: SQM paid over US$424 million in direct taxes 2. SQM failed to
Slide 9: Contact Information
Contact Information: > Gerardo Illanes: VP of Finance and IR, gerardo.illanes@sqm.com > Kelly O’Brien: Head of Investor Relations, kelly.obrien@sqm.com > Carolyn McKenzie: Investor Relations, carolyn.mckenzie@sqm.com
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