Grupo Carso Sab De Cv Class A1 · BMV:GCARSO/A1
Grupo Carso Sab De Cv Class A1 — Grupo Carso — Investor Presentation (August 2016)
21 slides from Grupo Carso Sab De Cv Class A1's investor presentation, August 2016
Slide 1: Corporate Presentation August 2016
Corporate Presentation August, 2016
Slide 2: Companies of Grupo Slim
Companies of Grupo Slim 1965 1980 1984 1985 1990 1992 2005 2010 2011 • Carso oil & gas • Carso Electric • Around 200,000 employees only in Mexico • Collaborating with more than 50,000 Pymes • More than MXN $8.0 Bn Capex/year • Presence in 18 countries
Slide 3: Grupo Carso in brief
Grupo Carso in brief Leading conglomerate in Mexico with diversified 2015 LTM Jun‐16 operations Figures MM MXN MM USD MM MXN MM USD • 4 business sectors: Retail, Industrial, Infrastructure Net sales $88,224 $5,565 $90,632 $5,021 and Energy. EBITDA $12,571 $793 $13,472 $746 Assets $94,185 $5,941 $96,
Slide 4: Business segments
Business segments Industrial and Retail Infrastructure Carso manufacture and construction Energy • Construction • Department Stores • Services for Oil and • Carso Oil & Gas • Automotive • Restaurants Chemical Industries • Carso Electricity • Telecom • Entertainment • Infrastructure • Gas Pipelines S
Slide 5: Recent events
Recent events September, 2015 Gas Pipelines in Chihuahua, Mexico: Grupo Carso announced on September 11, 2015 that the 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 const
Slide 6: Outstanding figures 2015
Outstanding figures 2015 LTM Million pesos 2011 2012 2013 2014 2015 Var 06/16 Sales 78,678 83,316 85,871 82,388 88,224 90,632 2.7% Operating Income 6,918 9,103 17,277 9,090 10,329 11,108 7.5% Op Mg 8.8% 10.9% 20.1% 11.0% 11.7% 12.3% 60 bps EBITDA* 8,310 10,535 18,601 10,606 12,571 13,472 7.2% EBITDA
Slide 7: LTM Jun-2016 results by Division
LTM Jun-2016 results by Division Retail Industrial and Manufacture Infrastructure and construction Grupo Sanborns Grupo Condumex CICSA Million Ps 2014 2015 LTM Var% Million Ps 2014 2015 LTM Var% Million Ps 2014 2015 LTM Var% Sales 41,202 44,413 45,329 2.1% Sales 25,957 26,951 27,767 3.0% Sales 14,80
Slide 8: 2015-2016e Financial Situation
2015-2016e Financial Situation Net Debt to EBITDA 5 year CapEx by Division 6299 18,601 14,050 12,571 10,535 10,606 8,989 9,328 8,204 8,310 5,752 227 124 990 205 344 716 650 445 336 1,671 773 467 134 396 2546 2659 1350 334 1675 2256 961 2010 2011 2012 2013 2014 2015 2016e 2011 2012 2013 2014 2015 201
Slide 9: Retail
Retail Grupo SANBORNS (47% of consolidated sales Jun‐2016) Has nationwide presence through its retail formats Jun‐16 Revenue Breakdown Jun‐16 EBITDA Breakdown 7.0% Sears Sears 14.0% Sanborns 22.0% Sanborns 52.0% Promusa 6.0% Promusa 27.0% 55.0% Other 17.0% Other Grupo Sanborns 3‐year Performance LTM
Slide 10: Retail
Retail Total Stores Jun‐16 Sanborns 171 iShop/MixUp 110 Sears 89 Dax 25 Sanborns 26 Saks 2 Café Boutiques 5 Total: 432 Uns EBITDA (mm Ps) and margin ´10‐´15 EBITDA CAGR= 5.1% 5,707 6,625 5,226 5,500 5,028 4,917 4,457 13.4% 13.5% 13.3% 13.6% 12.9% 13.6% 12.2% 2010 2011 2012 2013 2014 2015 2016e EBITD
Slide 11: Industrial and Manufacture
Industrial and Manufacture Grupo CONDUMEX (32% of consolidated sales Jun‐16) Industrial conglomerate focused mainly in the Telecom, Automotive, Energy and Construction sectors. Jun‐16 Revenue breakdown Markets • Mobile and Traditional telephone companies in LatAm; 22.5% • Heavy building construction
Slide 12: Industrial and Manufacture
Industrial and Manufacture Main brands Revenues by business sector Million Ps Var% Jun16‐15 Telecom 10.8% Automotive 22.7% Construction and energy 5.4% Industrial metals -44.1%
Slide 13: Infrastructure and Construction
Infrastructure and Construction Carso Infraestructura y Construcción CICSA (21% of consolidated sales Jun‐16) CICSA is one of the largest infrastructure and construction companies in Mexico servicing 5 business sectors: 1. Manufacturing and Services for Jun‐16 Sales Breakdown by sector Jun‐16 Op. In
Slide 14: Backlog of CICSA
Backlog of CICSA Main projects for CICSA: • Waste water sewage system (Tunel Emisor Oriente); • Water treatment plantas (Atotonilco) • Bypass roads inTepic‐Guadalajara and Mitla‐Tehuantepec • Plaza Carso and Nuevo Veracruz shopping centers; • Services for oil producers and Chemical Plants; • Telecom
Slide 15: Carso Energy
Carso Energy Carso ENERGY (1% of consolidated sales Jun‐16) In 2014 Grupo Carso carried out a corporate reorganization on its energy related activities consolidating assets and experienced human capital in Carso Energy, subsidiary which currently has 2 divisions: • Oil and Gas: Leasing of oil rigs (
Slide 16: 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) in
Slide 17: Carso Energy: Gas Pipelines in Mexico and the U.S.
Carso Energy: Gas Pipelines in Mexico and the U.S. Recent Events of Carso Energy: The Federal Electricity Commission of Mexico (CFE) selected the following bids for the construction and operation of pipelines in 2015: Carso Energy S.A. de C.V. with Energy Transfer Partners LP and Mastec Inc., for 2
Slide 18: Competitive Advantages
Competitive Advantages • 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 prese
Slide 19: Gallery of Projects
Gallery of Projects Central Solar Fotovoltaica Guadalajara By‐pass road Culiacan By‐pass road build by Condumex Oil drilling Atotonilco Waste Water treatment plant Sanborns Vía Vallejo
Slide 20: Gallery of Projects
Gallery of Projects Fabrication dock for oil rigs Star Medica Hospital Drilling head for the TEO “Independencia I” Jack‐Up Tlalnepantla Fashion Mall
Slide 21: Contacts
Contacts: 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