Sao Martinho S.a. · BMFBOVESPA:SMTO3

Sao Martinho — 2Q13 Earnings Presentation

8 slides from Sao Martinho's earnings presentation

  1. Slide 1: São Martinho 2Q13 Results

    UY 7, SMITO3. NOVO MERCADO BM&FBOVESPA Al DAD Sao Martinho 2Q13 Results

  2. 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

  3. Slide 3: Agenda

    Agenda Harvest Update Financial Highlights Indebtedness Inventories / Hedge 2

  4. Slide 4: Crushing and Production

    Crushing and Production Table 1 Table 2 OPERATING DATA 6M13 6M12 Chg.(%) GUIDANCE - 2012/2013 HARVEST São Martinho - Consolidated Crushed Sugarcane (‘000 tons) 8,954 8,683 3.1% Crushing (million tons) 12.0 Own 5,510 5,266 4.6% Sugar ('000 tons) 900.0 Third Parties 3,444 3,417 0.8% Mechanized Harvest

  5. Slide 5: Financial Highlights

    Financial Highlights Chart 1 + 44.9% Table 1 Adjusted EBITDA Financial Highlights – 2Q13 (R$ million) 43.2% 2Q12 2Q13 Change 41.0% 36.4% Net Revenue 398,122 546,913 37.4% Adjusted EBITDA 163,075 236,340 44.9% 25.2% 236.3 163.1 65.4 105.6 Adjusted EBITDA 41.0% 43.2% 2.3 p.p. Margin 2Q12 4Q12 1Q13 2Q1

  6. Slide 6: Indebtedness

    Indebtedness Table 1 Indebtedness (R$ Thousand) Sep/12 Mar/12 Chg. (%) CURRENCY Foreign Exchange Debt (US$) 918,654 437,376 110.0% BNDES / Rural Credit 572,857 481,374 19.0% Working Capital 101,208 110,125 -8.1% Local Obligations from Santa Cruz 119,840 113,475 5.6% Foreign Currency Exchange Gross D

  7. Slide 7: Inventories / Hedge

    Inventories / Hedge Table 1 Table 3 Sales Volume 6M13 Available for Sale (TRS) (TRS) Volume Available for Sale – 2Q13 * 851 million TRS * 940 million TRS + 10.0% Remaining Inventories Volume Available for Production 2Q13 Sale 2012/13 (*) 15% 25% 41% Hydrous (m3) 78,177 62,000 140,177 21% Anhydrous (

  8. Slide 8: IR Contacts

    IR Contacts Telephone: +55 11 2105-4100 E-mail: ri@saomartinho.ind.br Website: www.saomartinho.ind.br/ir 8

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