Ferreycorp Saa · BVL:FERREYC1

Ferreycorp Saa — Q1 2024 Earnings Presentation

26 slides from Ferreycorp Saa's earnings presentation, 2024

  1. Slide 1: Investor's Presentation - 1Q24

    Investor´s Presentation - 1Q24

  2. Slide 2: 100+ years creating development

    100+ years creating development

  3. Slide 3: Vision & Mission

    Vision & Mission VISION MISSION To be recognized as a leading economic group in Peru, with a presence in the Latin American We operate, through our subsidiaries with a focus region and an excellent provider of capital goods, and high degree of specialization, businesses spare parts and related servi

  4. Slide 4: Operational Model of the Corporation

    Operational Model of the Corporation Role of the Parent Company Role of the Subsidiary Companies Shared Services Center Strategic Coherence Operational Autonomy Standardization and Efficiencies - Business Vision - Customer Proximity and Market - Process Standardization - Strategic Planning and Defin

  5. Slide 5: Organizational Structure

    Organizational Structure Caterpillar Dealears and Allied Caterpillar Dealers and Allied Brands in Complementary Businesses in Peru Brands in Peru Central America and Abroad Guatemala Chile, Colombia , Ecuador, Perú El Salvador Belize El Salvador, Honduras

  6. Slide 6: Global Enterprise Strategic Alliance

    Global Enterprise Strategic Alliance

  7. Slide 7: Distribution of results by business group – 1Q2024

    Distribution of results by business group – 1Q2024 Caterpillar Dealers and Allied Caterpillar Dealers and Allied Complementary Businesses (S/ Millions) Total Brands in Peru Brands in Central America in Peru and abroad Sales 1,511 173 145 1,829 % of Total Sales 82.6% 9.5% 7.9% 100% EBITDA 2023 242 24

  8. Slide 8: Sales by Business Group as of March 2024

    Sales by Business Group as of March 2024 Sales By Business Group (In millions S/) 6,995 6,593 6,206 614 5,858 814 757 5,211 947 941 677 4,843 4,857 572 836 436 785 877 424 461 436 5,624 5,102 4,481 4,688 1,829 3,952 1,558 3,598 3,544 173 165 145 205 1,511 1,188 2017 2018 2019 2020 2021 2022 2023 As

  9. Slide 9: % Sales by Business Line – 1Q2024

    % Sales by Business Line – 1Q2024 1Q2024 6.3% 6.6% Business Line 2020 2021 2022 2023 1Q2023 1Q2024 Spare Parts & 46.2% 49.7% 51.4% 54.6% 57.9% 58.6% Services Prime product 38.1% 34.0% 32.3% 32.6% 28.5% 28.5% 28.5% 58.6% Rental & Used 7.2% 6.9% 7.0% 6.1% 6.1% 6.6% Others 8.6% 9.3% 9.3% 6.7% 7.5% 6.3%

  10. Slide 10: Sales by Economic Sector – 1Q2024

    Sales by Economic Sector – 1Q2024 1Q2024 3.6% 0.6% Sector 2021 2022 2023 1Q2023 1Q2024 1.0% 1.3% 0.5% Mining 54.9% 56.0% 56.7% 56.7% 60.7% 2.0% Construction 17.8% 19.4% 19.6% 19.1% 21.9% Industry, Commerce and 8.4% 12.8% 13.1% 9.9% 12.4% 8.4% Services Agriculture and 2.6% 2.9% 2.6% 2.9% 2.0% Foresta

  11. Slide 11: Main Clients – Open Pit Mining & Underground Mining

    Main Clients – Open Pit Mining & Underground Mining Large Open Pit Mining Medium-Size and Underground Mining Cerro Corona Iscaycruz La Zanja Shahuindo El Porvenir (UG) Raura (UG) Yanacocha Atacocha (UG) Islay (UG) San Cristobal (UG) Animon (UG) Uchucchacua Carahuacra (UG) Antamina Morococha Iscaycru

  12. Slide 12: Caterpillar open-pit mining trucks and shovels population

    Caterpillar open-pit mining trucks and shovels population over the years as of March 2024 Caterpillar Open-pit Mining Trucks and Shovels Population Mining Investment Units US$ Bn $12 762 773 775 800 746 725 702 $10 660 700 642 619 592 $8 600 543 517 $6 500 453 404 $4 366 400 323 $2 281 300 249 234 2

  13. Slide 13: Leverage of Our Sales as of March 2024

    Leverage of Our Sales as of March 2024 Open Pit Mining Sales US$ Million Machine, Spare Parts & Services 900 800 95 700 139 600 150 161 87 500 343 119 143 179 314 160 400 136 697 300 572 500 528 490 27 200 407 401 361 354 325 325 268 100 208 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2

  14. Slide 14: Resilient Business Model – 1Q2024

    Resilient Business Model – 1Q2024 Sales by Business Line (In millions of $) 1,931 1,865 1,755 1,719 1,673 1,755 1,717 1,585 1,582 1,389 1,439 1,434 1,389 • Spare parts & Services support business • Diversification strategy through business lines, presence in different economic sectors, different 485

  15. Slide 15: Caterpillar Market Share in Peru as of March 2024

    Caterpillar Market Share in Peru as of March 2024 Open-pit mining Heavy Construction HYUNDAI XCMG SANY 2% EPIROC 2.0% 10% XCMG 2.0% 4% OTROS 8% P&H 2.0% SANY 5% HITACHI 3.0% CATERPILLAR VOLVO 7% 48% CATERPILLAR 39.0% KOMATSU KOMATSU In Units 12% US$ FOB 42.0% Rolling 12m Rolling 12m Mar 2024 JOHN DE

  16. Slide 16: Ferreycorp's Strategy

    Ferreycorp’s Strategy BUSINESS PILARS It seeks to add efficiencies in the business model, the organization, Optimize the use of assets, the composition of the portfolio of products and Business services. Ensure business sustainability; expand your value offer; and provide Protect and comprehensive s

  17. Slide 17: Reflected in Strong Financial Results

    Reflected in Strong Financial Results Adj. Gross margin 1Q23 = 28.2% / 1Q24 = 26.6% Adj. EBITDA margin 1Q23 = 15.6% / 1Q24 = 14.9% Million of soles (S/ mm) Adj. Operating margin 1Q23 = 11.6% / 1Q24 = 11.3% Sales Margins +12% +22% +17% 27.3% 26.9% 26.7% 25.7% 25.8% 2,003 24.8% 1,786 1,829 1,646 1,560

  18. Slide 18: Net Profit impacted by FX Gain/Loss

    Net Profit impacted by FX Gain/Loss Net Profit, Margin and FX Effect (In millions S/) 6.2% 6.4% 6.2% 6.3% 570 5.5% 4.3% 4.2% 3.0% 5.0% 470 433 419 376 370 267 245 270 225 Net Profit FX Gain/Loss 170 144 Net Margin 70 29 115 25 -1 34 -17 -30 -59 -15.0% 2017 2018 2019 2020 -106 2021 2022 2023 1Q24 -12

  19. Slide 19: Cash Generation and Liability Management

    CASH GENERATION AND LIABILITY MANAGEMENT Cash Balance Debt Maturity and Profile 101 (In Millions US$) (In Millions US$) 87 276 77 Non- 66 Current 59 59 61 58 33% 52 50 160 Current 49 48 47 44 67% 72 32 5 8 2024 2025 2026 2027 2028 > 2028 Debt Evolution (In Millions US$) 624 578 561 567 532 72 553 54

  20. Slide 20: Financial expense & Average debt expenditure

    Financial expense & Average debt expenditure Financial expense (In millions of S/) Average debt expenditure 140 125 3.80% 5.17% 120 3.30% 4.66% 100 95 95 2.60% 85 4.12% 78 2.80% 80 73 72 3.67% 3.67% 1.96% 2.30% 3.43% 3.53% 60 52 1.80% 3.13% 1.62% 1.80% 40 1.40% 2.77% 1.20% 22 20 1.10% 1.30% 0.80% 1.

  21. Slide 21: Assets & Cash Conversion Cycle

    Assets & Cash Conversion Cycle Account Receivables (In million of S/) +4% 1,382 1,330 37 1,205 1,382 1,036 1,055 38 32 36 Cash Conversion Cycle 61 40 1,292 1,345 1,114 1,173 975 1,015 210 198 203 198 193 176 169 200 170 163 163 161 165 193 158 160 187 180 189 153 155 157 158 154 151 156 2020 2021 20

  22. Slide 22: CAPEX

    CAPEX In millions US$ 95 32 3 39 1 43 2 62 50 Investment 0 49 34 12 13 12* 7 7 36 8 1 53 20 37 13 5 15 11 10 4 -14 -14 -11 -38 -20 -65 Disinvestment 2019 2020 2021 2022 2023 1Q'24 • Investment in intangible assets reached US$ 0.7 million dollars as of March 2023 * Disclaimer: Capital Expenditures on

  23. Slide 23: Sustainable Programm at Ferreycorp

    Sustainable Programm at Ferreycorp

  24. Slide 24: Ferreycorp's Sustainable Management and UN Sustainable Development Goals

    Ferreycorp's Sustainable Management seeks to positively impact its stakeholders and is aligned with the United Nations Sustainable Development Goals

  25. Slide 25: Results of commitment to the Dow Jones Sustainability Index ESG criteria

    Results of Ferreycorp's commitment to the Dow Jones Sustainability Index ESG criteria

  26. Slide 26: Ferreycorp

    Ferreycorp CAT UNIMAQ Cat Cat) Car car, SOLTRAK ¥ TREX ¥ MOTORED fonsis © FARG® @viona

Ferreycorp S.A.A. — Q1 2024 Earnings Presentation on 6ix