Sociedad Matriz Saam S.a. · BCS:SMSAAM

Sociedad Matriz Saam — J.P. Morgan Southern Cone & Andean Opportunities Conference 2018

26 slides from Sociedad Matriz Saam's conference presentation, June 2018

  1. Slide 1: Company Presentation

    Company Presentation J.P. MORGAN Southern Cone & Andean Opportunities Conference, Buenos Aires – Argentina June 2018

  2. Slide 2: Disclaimer

    COMPANY PRESENTATION DISCLAIMER This presentation provides general information about Sociedad Matriz SAAM S.A. (“SMSAAM”) and related companies. It consists of summarized information and does not purport to be complete. It is not intended to be relied upon as advice to potential investors. No repres

  3. Slide 3: Agenda

    Agenda 1. SAAM at a glance. 2. Our Business Divisions 3. Financial Highlights 4. Attractive investment fundamentals. 3

  4. Slide 4: SAAM at a glance

    COMPANY PRESENTATION 1. Saam at a glance (1) Highlights Business units • SAAM provides port and offshore towage services, port terminal and • Major tugboat operator in the Americas logistics services • Present in 11 countries • Present in more than 70 ports and in 13 countries in the Americas • Oper

  5. Slide 5: Simplified Corporate Structure

    SIMPLIFIED CORPORATE STRUCTURE SMSAAM SA SAAM TOWAGE (100%) SAAM PORTS SAAM LOGISTICS (100%) (100%) CHILE CHILE 100% 100% MÉXICO GUATEMALA STI CALDERA AEROSAN INMOBILIARIAS 51% 70% 50% 51% 50% 100% CANADÁ HONDURAS SVTI TPG AEROSAN EMPRESAS 100% 100% 50% 100% 80% PERSONAL 100% PANAMÁ ARGENTINA ITI FI

  6. Slide 6: Supported by one of the major economic groups in the country

    COMPANY PRESENTATION 1. Supported by one of the major economic groups in the country Ownership Quiñenco’s main companies Structure MC: MC(2): MC: MC(2): MC(3): Equity(4): MUS$ 4,900 MUS$ 2,400 MUS$ 1,043 MUS$ 12,500 MUS$ 1,200 MUS$ 860 Quiñenco Others 52.2% 47.8% Ownership: Ownership: Ownership: Own

  7. Slide 7: Agenda

    Agenda 1. SAAM at a glance. 2. Our Business Divisions 3. Financial Highlights 4. Attractive investment fundamentals. 7

  8. Slide 8: Towage Division

    COMPANY PRESENTATION 2. Towage Division: Leadership with the most comprehensive coverage across the Americas 8

  9. Slide 9: Towage Division: Operations in over ports in the Americas

    COMPANY PRESENTATION 2. Towage Division: Operations in over 70 ports in the Americas Harbour Towage • Shipping Companies • Agencies • Competitors Concessions • Port Authorities • Off-shore operations Special Services •Salvage •Projects

  10. Slide 10: Leader in tugboats and towage with world class assets and sound strategic alliance

    COMPANY PRESENTATION 2. Leader in tugboats and towage with world class assets and sound strategic alliance Number of maneuvers carried out(2) Highlights 85,453 94,954 90,059 94,835 • Major operator in the Americas and fourth at world level • Present in 11 countries in over 70 ports in the Americas •

  11. Slide 11: Towage Division: Financial Performance

    COMPANY PRESENTATION 2. Towage Division: Financial Performance Total Revenues (1) Maneuvers (1) EBITDA (1) (US$ millions) (units) (US$ millions) (1) Subsidiaries at 100% and affiliates at their proportional value with Tramarsa sold in May 2017 11

  12. Slide 12: Port Terminals

    COMPANY PRESENTATION 2. Port Terminals: 11 Port Terminals including San Antonio Terminal Internacional - the leading port of Chile 12

  13. Slide 13: Port Terminals: One of the major port operators in South America

    COMPANY PRESENTATION 2. Port Terminals:One of the major port operators in South America, with world class assets and sound strategic alliance Highlights TEUs transferred (thousands)(1) • Operates in 11 port terminals in 6 countries 1,627 1,382 1,587 1,605 1,607 1,618 • 4th major port operator in Sou

  14. Slide 14: New Port: SAAM acquired 51% stake of the second major port in Costa Rica

    COMPANY PRESENTATION 2.New Port: SAAM acquired 51% stake of the second major port in Costa Rica Caldera is located in a strategic location in Costa Rica, given its proximity and good connectivity with the city of San Jose. Caldera Port highlights •Second major port in Costa Rica •Strategic location

  15. Slide 15: Terminal Portuario Guayaquil: Expanded infrastructure

    COMPANY PRESENTATION 2. Terminal Portuario Guayaquil: Expanded infrastructure Item TPG TPG + Expanded Infrastructure Dock 360 meters 480 meters STS cranes 2 4 RTG cranes 3 8 Support 17.4 ha 22.2 areas TPG without 17.2 has Terminal Container Multipurpose expansion LT lease 2056 2056 Trinipuerto 4.7 h

  16. Slide 16: Port Terminal Division: Financial Performance

    COMPANY PRESENTATION 2. Port Terminal Division: Financial Performance Total Revenues (1) Tons Transferred (1) EBITDA (1) (US$ millions) (units) (US$ millions) (1) Subsidiaries at 100% and affiliates at their proportional value with Tramarsa sold in May 2017 16

  17. Slide 17: Logistics; moving to a new business strategy

    COMPANY PRESENTATION 2. Logistics; moving to a new business strategy Highlights Supply chain • Strategy focused on providing supply chain services (warehousing and transport) • Services for airlines at main airports in Chile, Colombia and Ecuador • Potential release of expendable property assets • A

  18. Slide 18: Logistics; moving to a new business strategy

    COMPANY PRESENTATION 2. Logistics; moving to a new business strategy Highlights Corporate Structure • World Class partnership between SAAM & American Airlines • Providing airports and ground handling services since 1980 50% 50% • Presence in 8 airports in 3 countries in the Americas • Highly skilled

  19. Slide 19: Logistics; Aerosan – airport operations

    COMPANY PRESENTATION 2. Logistics; Aerosan – airport operations Main figures Geographic presence Clients Colombia Warehouse Cargo Flights Bogotá 2 m tons 2017 n° 2017 Medellín 11,449 85,086 3,753 San Andrés Barranquilla 9,105 157,508 2,169 Cartagena Pereira 2,250 40,273 - Ecuador Total 22,804 282,86

  20. Slide 20: Logistics Division: Financial Performance

    COMPANY PRESENTATION 2. Logistics Division: Financial Performance Total Revenues (1) EBITDA (1) (US$ millions) (US$ millions) (1) Subsidiaries at 100% and affiliates at their proportional value with Tramarsa sold in May 2017 20

  21. Slide 21: Agenda

    Agenda 1. SAAM at a glance. 2. Our Business Divisions 3. Financial Highlights 4. Attractive investment fundamentals. 21

  22. Slide 22: Financial highlights

    COMPANY PRESENTATION 3.Financial highlights (1) (2) Evolution of revenues (MUS$) EBITDA and Ebitda Mg (MUS$) 27% 29% 27% 24% 283 324 323 245 77 111 114 75 492 426 468 108 118 394 92 91 2014 2015 2016 2017 2014 2015 2016 2017 Subsidiaries Affiliates Subsidiaries Affiliates Ebitda Mg Net Income (MUS$)

  23. Slide 23: Leverage: Sound financial position

    COMPANY PRESENTATION 3. Leverage: Sound financial position Financial debt maturity profile(1,2) (March 2018, MUS$) Net financial debt (1,2) (March 2018, MUS$) AA- Stable 325 SAAM Subsidiaries AA- Stable 97 221 82 196 45 104 51 39 42 14 176 151 129 -47 1 year 1-2 years 2-3 years 3-4 years 4-5 years >

  24. Slide 24: Agenda

    Agenda 1. SAAM at a glance. 2. Our Business Divisions 3. Financial Highlights 4. Attractive investment fundamentals. 24

  25. Slide 25: Attractive investment fundamentals

    COMPANY PRESENTATION 4. Attractive investment fundamentals Diversified Company both in geographic •Operations in 13 countries in América terms and business units •60% EBITDA ex Chile (1) •Towage: Major operator in the Americas and fourth at world level Leader in tugboats and port terminals •11 Port

  26. Slide 26: The End

    The End http://www.saam.com ir@saam.cl Paula Raventós IRO praventos@saam.cl +56 2 27318213

Sociedad Matriz SAAM — J.P. Morgan Southern Cone & Andean Opportunities Conference 2018 on 6ix