Grupo Carso Sab De Cv Class A1 · BMV:GCARSO/A1
Grupo Carso Sab De Cv Class A1 — Grupo Carso — Investor Presentation (October 2015)
19 slides from Grupo Carso Sab De Cv Class A1's investor presentation, October 2015
Slide 1: Corporate Presentation October 2015
Corporate Presentation October 2015
Slide 2: Companies of Grupo Slim
Companies of Grupo Slim 1965 1990 1985 1980 2005 2011 2010 Carso oil & gas Carso electric 1984 • More than 270,000 employees • Collaborating with more than 50,000 Pymes • More than $10 Bn Ps Capex/year • Presence in 18 countries 2005 1992
Slide 3: Grupo Carso in brief
Grupo Carso in brief • Leading conglomerate in Mexico with diversified operations – 4 business sectors: Retail, Industrial, Infrastructure and Energy. • With well-known brands and formats such as: – Sears, Sanborns, Ishop/MixUp, Saks Fifth Avenue – Condumex, IEM, Gabriel, Precitubo, Sitcom, Microm,
Slide 4: Business Segments
Business Segments Industrial and Retail and Infrastructure and Carso Energy Manufacture Consumption Construction – Telecom – Restaurant – Civil Construction – Oil & Gas – Construction – Department Stores – Infrastructure – Electricity – Energy – Entertainment Stores – Ducts Installation – Alternativ
Slide 5: Recent Events
Recent Events Gas Pipeline in Mexico Grupo Carso announced on September 11, 2015 that Federal Electricity Commission of Mexico (CFE) selected the proposal submitted by its subsidiary Carso Electric, S.A. de C.V., as the winning bid in the tender process for the construction and operation of the Sama
Slide 6: Outstanding Figures 2014
Outstanding Figures 2014 Million Pesos 2010 2011 2012 2013* 2014 Var Sales 64,196 78,678 83,316 85,871 82,388 -4.1% Operating Income 6,887 6,918 9,103 17,277 9,090 -47.4% Op Mg 10.7% 8.8% 11.0% 20.1% 11.0% -9.1 EBITDA 8,204 8,310 10,535 18,601 10,606 -43.0% EBITDA Mg 12.8% 10.6% 12.6% 21.7% 12.9% -8
Slide 7: Contribution to 2013-2014 results
Contribution to 2013-2014 results Infrastructure and Retail and Consumption Industrial and Manufacture Construction Grupo Sanborns Grupo Condumex CICSA Million Ps 2012 2013 2014 Var% Million Ps 2012 2013 2014 Var% Million Ps 2012 2013 2014 Var% Sales 39,411 40,514 41,203 1.7% Sales 27,415 26,723 25,
Slide 8: Financial Situation
Financial Situation EBITDA CapEx by Business Segment Million Pesos 21000 Net Debt 18,601 7,250 19000 8,000 17000 15000 6,000 3700 3,877 3,119 13000 2,773 10,606 4,000 150 11000 10,535 1,791 2,347 128 8,989 9,328 500 9000 8,204 8,310 3,109 650 205 445 7,468 2,000 773 396 467 7000 6,766 5,752 334 2,54
Slide 9: Retail and Consumption
Retail and Consumption Grupo SANBORNS (55% of consolidated sales 2014) Has nationwide presence through its retail formats 2014 Grupo Sanborns Op. 2014 Revenue Breakdown Income Breakdown Ishop/ Ishop/M M 4% 12% Other Other Sanb 6% Sanb 12% 28% 31% Sears Sears 52% 57% EBITDA (mm Ps) and margin ´09-´12
Slide 10: Industrial and Manufacture
Industrial and Manufacture Grupo CONDUMEX (26% of consolidated sales 2014) Industrial conglomerate focused mainly in the Telecom, Energy, Construction, Mining and Automotive sectors. Revenue Breakdown by Business Markets: Sector • Mobile and Traditional telephone companies in LatAm; • Heavy building
Slide 11: 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 Million Ps 2012 2013 2014 Var% Oil & Ch
Slide 12: Carso Energy
Carso Energy Investing in the Energetic Industry Grupo Carso will start reporting operations in 2015. Carso Energy, which currently has 2 divisions: 1. Oil: Leasing of oil rigs (Jack-Ups), exploration and production; 2. Electricity: Construction and operation of gas pipelines, power generation. Oil
Slide 13: Carso Energy
Carso Energy Drilling Services: Through its subsidiary “GSM” and Bronco Drilling, Carso Energy offers onshore drilling and most of all related activities like cementing, directional and horizontal drilling, fracking, etc. • 13 drills ranging from 750 HP to 1,200 HP • Experience (mainly with Pemex) i
Slide 14: Gas Pipelines in Mexico and the U.S.
Gas Pipelines in Mexico and the U.S. The Federal Electricity Commission of Mexico selected the following bids for the construction and operation of pipelines: Carso Energy S.A. de C.V. with Energy Transfer Partners LP and Mastec Inc., for 2 gas pipelines in the State of Texas, USA. i) the Waha-Presi
Slide 15: CICSA’s Financial Position
CICSA’s Financial Position Backlog 2014 (1.3 years of sales) Housing 0.3% Pipelines 6.4% Construction 20.2% Infrastruct ure M&S Oil 47.7% and Chemical 25.3% Independencia I Oil Jack-Up Main projects for CICSA: Water sewage system (Tunel Emisor Oriente); Plaza Carso and Nuevo Veracruz shopping ce
Slide 16: Investment Thesis
Investment Thesis • Dynamic conglomerate that adapts its business portfolio to take advantage of economic cycles, market tendencies and business opportunities; • Focus on industries where the Group holds a strong competitive position; • Retail sector with well-known formats and nationwide presence;
Slide 17: Gallery of Projects
Gallery of Projects Guadalajara By-pass road Culiacan By-pass road Central Solar Fotovoltaica built by Condumex Atotonilco Waste Water Treatment Plant Oil Drilling Sears Nuevo Veracruz
Slide 18: Gallery of Projects
Gallery of Projects Star Medica Hospital Fabrication dock for oil rigs Drilling head for the TEO Emisor Oriente Water Sewage Tunnel (TEO) Nuevo Veracruz Shopping Center
Slide 19: 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