Companhia De Gas De Sao Paulo - Comgas · BMFBOVESPA:CGAS3
Companhia De Gas De Sao Paulo - Comgas — Companhia de Gás de São Paulo - Comgás — Q3 2018 Earnings Presentation
10 slides from Companhia De Gas De Sao Paulo - Comgas's earnings presentation, 2018
Slide 1: Financial and Operational Results 3Q18
Financial and Operational Results 3Q18
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 • 64 industries, 1,067 commercial establishments and 110 thousand households connections in the last 12 months, totaling 1,879 million customers; • Volume grew 9% in 3Q18, driven by commercial focus and customer base expansion; • SG&A expenses reached R$ 128 million, a growth lower than t
Slide 4: Operational Performance
Operational Performance 3Q18 3Q17 3Q18 x 3Q17 Volume (thousand m³) 9M18 9M17 9M18 x 9M17 81,672 76,568 6.7% RESIDENTIAL 207,128 194,921 6.3% 42,307 37,397 13.1% COMMERCIAL 116,241 106,296 9.4% 939,661 876,508 7.2% INDUSTRIAL 2,670,332 2,543,038 5.0% 86,246 73,910 16.7% COGENERATION 236,063 210,232 1
Slide 5: Regulatory Current Account
Regulatory Current Account 211 161 117 -78 0 -160 -221 -268 -259 -354 -391 -414 -451 Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep 2015 2016 2017 2018 * In millions of R$ 5
Slide 6: Financial Performance
Financial Performance EBITDA Net Income CAPEX 14% 37% 10% -16% -10% 546 293 463 477 388 208 215 187 126 139 3Q17 3Q18 3Q17 3Q18 3Q17 3Q18 12% 30% 24% -4% 5% 1,474 732 1,321 1,143 1,093 563 458 481 381 308 9M17 9M18 9M17 9M18 9M17 9M18 IFRS Normalized IFRS Normalized * In millions of R$ 6
Slide 7: Debt Structure
Debt Structure R$ Thousand September 2018 December 2017 Short Term Debt 516,999 1,053,263 Long Term Debt 2,939,510 2,700,764 Total Debt 3,456,509 3,754,028 (-) Cash and Marketable Securities 2,431,038 2,237,065 (=) Net Debt 1,025,471 1,516,963 EBITDA (*) 1,467,752 1,517,924 Normalized EBITDA (*) 1,8
Slide 8: Guidance
Guidance 2017 9M18 2018 Guidance 2018 Revision Achieved Achieved Min Max Min Max Total customers (thousand) 1,791 1,879 1,891 1,901 1,895 1,905 Volume ex- thermal (mm m³) 4,291 3,392 4,400 4,600 4,550 4,650 Normalized EBITDA (R$ mm) 1,737 1,474 1,770 1,870 1,900 1,950 CAPEX (R$ mm) 460 381 450 500 4
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 PAULO BELEM Treasury and Investor Relations Manager Av. Brigadeiro Faria Lima, nº 4100, 14º andar – Itaim Bibi - CEP 04538-132 / São Paulo - SP - Brasil
Slide 10: comgos
comgos
Companhia de Gás de São Paulo - Comgás — Q3 2018 Earnings Presentation on 6ix