Sociedad Matriz Saam S.a. · BCS:SMSAAM

Sociedad Matriz Saam — Investor Presentation (April 2017)

34 slides from Sociedad Matriz Saam's investor presentation, April 2017

  1. Slide 1: Corporate Presentation April 2017

    CORPORATE PRESENTATION April, 2017

  2. Slide 2: Disclaimer

    Disclaimer This presenta3on provides general informa3on about Sociedad Matriz SAAM S.A. (“SMSAAM”) and related companies. It consists of summarized informa3on and does not purport to be complete. It is not intended to be relied upon as advice to poten3al investors. No representa3on or warran3es, exp

  3. Slide 3: Agenda

    AGENDA 1. INTRODUCTION TO SM SAAM 2. ATTRACTIVE INVESTMENT FUNDAMENTALS 3. APPENDICES

  4. Slide 4: SAAM at a Glance

    SAAM AT A GLANCE (1) Highlights Business units • SM SAAM, through its main asset –SAAM-, provides harbour and • Harbour Towage, offshore services and special services offshore tugboat services, port terminals and logis3cs • Major tugboat operator in America • Present in 11 countries • It operates in m

  5. Slide 5: Our Business Grows with Foreign Trade

    OUR BUSINESS GROWS WITH FOREIGN TRADE Highlights Projected GDP growth per country 2016E-2021E(2) (%) Mexico 2.7% • Projected annual growth for TEU traffic in America America America Canada 1.9% North for the period between 2015 and 2020 is between USA 1.9% 2% and 3% (Source: Drewry 2016) Panama 6.1% C

  6. Slide 6: Agenda

    AGENDA 1. INTRODUCTION TO SM SAAM 2. ATTRACTIVE INVESTMENT FUNDAMENTALS 3. APPENDICES

  7. Slide 7: Attractive Investment Fundamentals

    ATTRACTIVE INVESTMENT FUNDAMENTALS Diversified Company both in geographic terms and business units Leader in tugboats and port terminals, with world class assets, Logistics state of the art infraestructure and sound strategic alliances Sound financial posi:on, stable returns and cash genera:on Towage

  8. Slide 8: Diversified Company in Geographic Terms and Business Units

    DIVERSIFIED COMPANY IN GEOGRAPHIC TERMS AND BUSINESS UNITS(1) Disaggrega:on of results by geographic distribu:on (2016) Central America Central Revenues EBITDA America 4% 6% Chile North America Chile North America 40% 18% 46% 18% MUS$ 717 MUS$ 205 South America South America (ex Chile) (ex Chile) 32

  9. Slide 9: Towage Division: Leadership with Most Comprehensive Coverage Across the Americas

    TOWAGE DIVISION: LEADERSHIP WITH THE MOST COMPREHENSIVE COVERAGE ACROSS THE AMERICAS 1 2 3 4 1 SST Canadá SST México Guatemala Honduras 2 4 5 6 7 8 3 5 6 7 Costa Rica Panamá Ecuador Brasil 9 8 9 10 11 12 11 10 12 Perú (1) Uruguay Chile Austral Broom Towage (1) Peru in selling process

  10. Slide 10: Leader in Tugboats and Towage

    LEADER IN TUGBOATS AND TOWAGE WITH WORLD CLASS ASSETS AND SOUND STRATEGIC ALLIANCE Highlights Number of maneuvers carried out(2) • Major operator in the Americas and fourth at world level • Present in 11 countries in over 70 ports in the Americas 85,453 94,954 92,871 • Modern fleet of 179 tugboats, 7

  11. Slide 11: Port Terminals: 12 Port Terminals

    PORT TERMINALS: 12 PORT TERMINALS INCLUDING SAN ANTONIO TERMINAL INTERNACIONAL - THE LEADING PORT OF CHILE Chilean Terminals SAAM´s ownership Tons Transferred in 2016 1 2 3 4 5 6 7 Terminal Iquique Terminal Antofagasta Terminal San Antonio Terminal San Vicente Terminal Portuaria Corral S.A. 8 Puerto

  12. Slide 12: One of the Major Port Operators in South America

    ONE OF THE MAJOR PORT OPERATORS IN SOUTH AMERICA, WITH WORLD CLASS ASSETS AND SOUND STRATEGIC ALLIANCE Highlights TEUs transferred (thousands)(2) • Operates in 12 port terminals in 7 countries (1) CAGR(3): +3.4% • 4th major port operator in South America 1,587 1,605 1,607 1,618 1.633 1,382 • State o

  13. Slide 13: New Port: SAAM Acquired 51% Stake of Puerto Caldera

    NEW PORT: SAAM ACQUIRED 51% STAKE OF THE SECOND MAJOR PORT IN COSTA RICA Caldera is located in a strategic loca3on in Costa Rica, given its proximity and good connec3vity with the city of San Jose. CALDERA PORT HIGHLIGHTS • Second major port in Costa Rica • Strategic loca3on (79,5 km from San José)

  14. Slide 14: Logistics: Moving to a New Business Strategy

    LOGISTICS; MOVING TO A NEW BUSINESS STRATEGY Highlights Supply chain • Strategy focused on providing supply chain services (warehousing, transport, and shipping services) • Middle- and long-term rela3onships with clients • Poten3al release of expendable property assets Importers and Transport Servic

  15. Slide 15: Sustainability Transparency and Commitment

    SUSTAINABILITY TRANSPARENCY AND COMMITMENT • Sustainability priori3es: • Labor rela3ons • Environmental impacts • Rela3onship and dialogue with sorroundings • Ethics and transparency • Poli3cs and processes were implemented to incorporate sustainability issues to companies´ management • SAAM was sel

  16. Slide 16: Stable Returns and Cash Generation

    STABLE RETURNS AND CASH GENERATION(1) Evolu:on of revenues (MUS$) EBITDA and Ebitda Mg (MUS$) Net earnings (MUS$) +27.0% +28.5% +23.8% +22.7% 73 69 775 203 205 61 726 750 717 185 165 55 27 247 283 324 77 111 114 323 71 29 38 479 492 46 17 42 426 394 94 108 92 91 32 14 12 2013 2014 2015 2016 2013 201

  17. Slide 17: Sound Financial Position

    SOUND FINANCIAL POSITION (1) Net Financial Debt US$ millions Composi:on of Financial Debt by term(1) Current 520 311 19% 209,1 209 66,1 213 241 143 98 Financial Debt Cash NFD Consolidated Affiliates Total Non-current 81% Consolidated + Affiliates Leverage Net financial debt / Equity(1) 2014 2015 2016 0,3

  18. Slide 18: Capex

    CAPEX (1) Investments over the past 3 years Capex 2017 Business Investments Amount Amount Towage • Careening and overhaul ~US$ 160 M ~US$ 24,8 M • Extensions, equipment Port Terminals acquisi3ons, improvements ~US$ 160 M ~US$ 49,8 M and reorganiza3on of yards • Renova3on and purchase Logis3cs ~US$ 3

  19. Slide 19: Supported by One of the Major Economic Groups in the Country

    SUPPORTED BY ONE OF THE MAJOR ECONOMIC GROUPS IN THE COUNTRY Ownership Structure Quiñenco’s main companies MC(2): MC): MC(2): MC(2): MC(2): Equity(3): Quiñenco MUS$ 3,766 MUS$ 2,244 MUS$ 804 MUS$ 11,109 MUS$ 797 MUS$ 830 Market Others 52.2% Capitaliza3on(1) 47.8% MUS$ 967 Ownership: Ownership: Owner

  20. Slide 20: The End

    maf soam the End. www.saam.cl

  21. Slide 21: Agenda

    AGENDA 1. INTRODUCTION TO SM SAAM 2. ATTRACTIVE INVESTMENT FUNDAMENTALS 3. APPENDICES

  22. Slide 22: 12 Port Terminals

    12 PORT TERMINALS Chilean Terminals SAAM´s ownership 1 2 3 4 5 6 7 Terminal Iquique Terminal Antofagasta Terminal San Antonio Terminal San Vicente Terminal Portuaria Corral S.A. 8 Puerto Arica S.A. Internacional S.A. Internacional S.A. Internacional S.A. Internacional S.A. (50%) (15%) (85%) (35%) (5

  23. Slide 23: Terminal Puerto de Arica - TPA

    TERMINAL PUERTO DE ARICA - TPA This port serves the manufacturing and trade industries of Bolivia, Peru and northern Chile. It is the natural op3on for Bolivia’s foreign trade, which accounts for 85% of the cargo transferred by the terminal. Transferred ( (ths) 2016 2015 TEU 226 229 Tones 3,089 3,06

  24. Slide 24: Iquique Terminal Internacional - ITI

    IQUIQUE TERMINAL INTERNACIONAL - ITI This port serves the mining and trade industries in the region. It is a strategic port for Bolivia’s trade, with an office in the neighboring country in order to facilitate cargo management. Transferred ( (ths) 2016 2015 TEU 271 228 Tones 2,205 2,205 Terminal Data

  25. Slide 25: Antofagasta Terminal Internacional - ATI

    ANTOFAGASTA TERMINAL INTERNACIONAL - ATI This port serves the mining industry, expor3ng produc3on and impor3ng equipment and supplies for mining produc3on processes. The port has a major logis3cs advantage in that it is the closest port to mining companies in the region. Transferred ( (ths) 2016 201

  26. Slide 26: San Antonio Terminal Internacional - STI

    SAN ANTONIO TERMINAL INTERNACIONAL - STI This is the main port in Chile and it is posi3oned as one of the largest ports in South America.The port serves Chile’s central zone and regions of Argen3na, such as Mendoza. STI’s privileged loca3on benefits directly all importers and exporters, is the closes

  27. Slide 27: San Vicente Terminal Internacional - SVTI

    SAN VICENTE TERMINAL INTERNACIONAL - SVTI A port serving the forestry, fishing and agriculture industries in Chile’s 7th, 8th and 9th Regions. The main cargo transferred at this terminal is containerized forestry products, fishing industry materials and cargo related to the agro- industrial sector. Bu

  28. Slide 28: Portuaria Corral

    PORTUARIA CORRAL This port serves the forestry industry in Chile’s 10th and 14th Regions. The main cargo transferred is wood chips, which are mostly shipped to Asian countries such as Japan. Transferred ( (ths) 2016 2015 Tones 980 623 Terminal Data Number of docks 1 Total dock length 479 f Maximum d

  29. Slide 29: Florida International Terminal - FIT

    FLORIDA INTERNATIONAL TERMINAL - FIT A foreign trade terminal in the State of Florida, which is qualified by its users as the Florida’s bou3que terminal. FIT operates in an area measuring 16.6 hectares in the southern zone of Port Everglades. Transferred ( (ths) 2016 2015 TEU 202 179 Tones 1,200 1,09

  30. Slide 30: Terminal Marítima Mazatlán - TMAZ

    TERMINAL MARÍTIMA MAZATLÁN - TMAZ This terminal is connected to the east coast of Mexico and to the southern zone of the United States by means of the Mazatlán – Matamoros freeway. It is a mul3-purpose port located in the state of Sinaloa. The main ac3vi3es here are agriculture, livestock farming, fi

  31. Slide 31: Puerto Buenavista

    PUERTO BUENAVISTA This port specializes in bulk transport, specifically fer3lizer products. The terminal is located in the industrial zone of Mamonal, Cartagena de Indias, Colombia. The port started opera3ons in late 2013. Transferred ((ths) 2016 2015 Tones 288 296 Terminal Data Number of docks 1 Tot

  32. Slide 32: Terminal Portuario Guayaquil - TPG

    TERMINAL PORTUARIO GUAYAQUIL - TPG A foreign trade terminal in Ecuador specializing in the local fruit industry. Banana exports account for a large percentage of its business. The terminal specializes in the transfer of containerized cargo. Transferred ((ths) 2016 2015 TEU 204 303 Tones 1.596 2.275

  33. Slide 33: Sociedad Portuaria Caldera - SPC

    SOCIEDAD PORTUARIA CALDERA - SPC In 2016, Puerto Caldera transferred more than 5.5 million tons. The main loads were containers (268 thousand TEUs in 2016) and bulk load, such as cereals, fer3lizers, raw materials and flours. The port is located in a strategic loca3on in Costa Rica, given its proximi

  34. Slide 34: Terminal Internacional del Sur - TISUR (In Selling Process)

    TERMINAL INTERNACIONAL DEL SUR – TISUR (IN SELLING PROCESS) A terminal located in southern Peru, specializing in the mining industry from the central southern region. The terminal features a new dock (F) with transport capacity amoun3ng to 1,500 metric tonnes per hour. Transferred ( (ths) 2016 2015

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