Altri, SGPS, S.A. · EURONEXT:ALTR
Altri, SGPS — FY2016 Earnings Presentation
14 slides from Altri, SGPS's earnings presentation, Mar 3, 2017
Slide 1: Altri, SGPS, S.A. Financial Information 2016
ALTRI, SGPS, S.A. Public Company FINANCIAL INFORMATION 2016 (Unaudited) (This is a translation of a document originally issued in Portuguese. In the event of discrepancies, the Portuguese language version prevails)
Slide 2: Key Indicators 2016
FINANCIAL INFORMATION 2016 alt xe KEY INDICATORS 2016 * 1,030.7 thousand tons of pulp produced (+0.8%) * 1,031.9 thousand tons of pulp sold (+2.0%) * 959.2 thousand tons of pulp exported (+2.2%) ¢ Total revenue: 612.5 million Euro (-7.9%) * EBITDA: 167.5 million Euro (-24.3%) * Income taxes paid: 66
Slide 3: Annual Income Statement
FINANCIAL INFORMATION 2016 The consolidated financial information hereby presented was prepared in accordance with the International Financial Reporting Standards (IFRS). ANNUAL INCOME STATEMENT TOTAL REVENUES Costs of sales External supplies and services Payroll expenses Other expenses Provisions a
Slide 4: Production in 2016: 1.031 Million Tons of Pulp Produced
xe FINANCIAL INFORMATION 2016 alt PRODUCTION IN 2016: 1.031 MILLION TONS OF PULP PRODUCED The year 2016 was, once again, a record year in terms of production and pulp sales. Thus, during this year were produced 1.031 million tons of pulp (more 8.4 thousand tons when compared to 2015), which include
Slide 5: Pulp Sales: Detail by Region and Use
FINANCIAL INFORMATION 2016 PULP SALES: DETAIL BY REGION China 12% Portugal T% Europe 68% PULP SALES: DETAIL BY USE Others 12% Specialities 15% Packing 2% Tissue Printing and 49% writing 22% ALTRI 2016 | 05
Slide 6: Costs Analysis
xe FINANCIAL INFORMATION 2016 alt COSTS ANALYSIS Total costs recorded in 2016, excluding depreciation, financial costs and taxes, reached 445.0 million Euro, in line with the costs recorded in 2015 (+0.3%) which means that operational costs had an increase lower than the increase in pulp production
Slide 7: 4th Quarter of 2016 Income Statement
FINANCIAL INFORMATION 2016 Ath QUARTER OF 2016: NET PROFIT OF 20ME, INCREASE OF 19% COMPARED TO PREVIOUS QUARTER | ToTaLRevenues REVENUES Costs of sales External supplies and services Payroll expenses Other expenses Provisions and impairment losses TOTAL EXPENSES (a) EBITDA (b) margin Amortisation a
Slide 8: Fourth Quarter of 2016 Commentary
C FINANCIAL INFORMATION 2016 alt The fourth quarter of 2016 was marked by an increase on quantities sold, driven by the strong increase of demand in the last months of the year. Thus, total revenues recorded in the fourth quarter of 2016 reached 159.1 million Euro, representing an increase of about
Slide 9: Free Cash Flow, Dividend and Net Debt
C FINANCIAL INFORMATION 2016 alt Between 2010 and 2016, the free cash flow to equity generated by Altri Group amounted to 502.3 million Euro having the remunerated net debt of the Group decreased 361.4 million Euro and having the Group paid 140.9 million Euro of dividends. The Board of Directors wil
Slide 10: Key Balance Sheet Indicators
xe FINANCIAL INFORMATION 2016 alt KEY BALANCE SHEET INDICATORS Biological assets 101,472,9 1% Tangible assets 364,119,9 1% Goodwill 265,531 ,4 0% Investments in associated companies and joint ventures 12,008,2 25 % Others 41,439,6 33 % TOTAL NON CURRENT ASSETS 784,571,7 —797,828,7 2% Inventories 56,
Slide 11: Pulp Market
xe FINANCIAL INFORMATION 2016 alt PULP MARKET According to data from Pulp and Paper Products Council (PPPC), World Chemical Market Pulp Global 100 Report, in 2016, the total demand for hardwood pulp increased 4.1% which represents, in absolute amounts, an increase of 1.25 million tons, an increase s
Slide 12: Altri - Business Profile
xe FINANCIAL INFORMATION 2016 alt ALTRI - BUSINESS PROFILE Altri is a reference in European eucalyptus pulp producers. In addition to pulp production, the Company is also present in the renewable power production business from forest base sources, namely industrial cogeneration through black liquor
Slide 13: Altri's organic structure
xe FINANCIAL INFORMATION 2016 alt Altri’s organic structure is as follows: ALTRI 100% Florestal 100% 100% 100% 50%* EDP Bioelécrica * Joint venture with EDP Oporto, March 3rd, 2017 a ALTRI 2016 | 13
Slide 14: Head Office contact details
Head Office: Rua do General Norton de Matos, 68 - r/c 4050-424 Porto | PORTUGAL T: +351 22 8346502 F: +351 22 8346503 sede@altri.pt www.altri.pt Fiscal Number 507 172 086 Share Capital: 25,641,459 Euro