Sociedad Matriz Saam S.a. · BCS:SMSAAM
Sociedad Matriz Saam — 9M24 Earnings Presentation
17 slides from Sociedad Matriz Saam's earnings presentation, November 2024
Slide 1: 9M24 Results Presentation
9M24 Results Presentation November 2024
Slide 2: Disclaimer
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions Disclaimer Esta presentación entrega información general sobre Sociedad Matriz SAAM S.A. (“SM SAAM”) y empresas relacionadas. Se trata de información resumida y no pretende ser completa. No está destinada a ser considerad
Slide 3: Overview
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions Overview 13 3 countries countries +90 8 ports airports Fleet of +200 ~37,000 m2 of warehouses tugs Mix of berthing and unberthing Cargo handling services for import and services at ports (harbor towage) export cargo, as w
Slide 4: 3Q24 Milestones
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions 3Q24 Milestones Towage • Renewed important contracts with Pemex and the Panama Canal Authority. • Subsidiaries recertified by BASC in Colombia and Bureau Veritas in Ecuador. Aerosan • Started handling FedEx export and imp
Slide 5: 9M24 Results
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions 9M24 Results 5
Slide 6: 3Q24 and 9M24 Consolidated Results
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions 3Q24 and 9M24 Consolidated Results Consolidated Income Statement (Th US$) 3Q24 3Q23 Δ% Δ 9M24 9M23 Δ% Δ Revenue 143,147 138,063 4% 5,084 426,712 395,638 8% 31,074 Cost of sales -99,710 -96,182 4% -3,528 -300,528 -277,899
Slide 7: Balance Sheet
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions Balance Sheet Consolidated Statement of Financial Position • Decrease in current assets (-32%) mainly because (ThUS$) of less cash and cash equivalents due to dividend payment of US$ 250.4 million and tax payment of Sept-
Slide 8: Healthy financial ratios and robust liquidity position
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions Healthy financial ratios and robust liquidity position NET FINANCIAL DEBT (MUS$) EBITDA FROM CONTINUING OPERATIONS (MUS$) 499 524 177 160 151 147 -25 Financial Liabilities Cash Net Financial Liabilities 2021 2022 2023 LTM
Slide 9: Towage 9M24
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions Towage 9M24 9
Slide 10: Towage
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions QUARTERLY VALUES YTD VALUES Towage MANEUVERS (TH) Stable activity and revenue +2% -2% • Rise in revenue (+1%) explained by: 113 115 37 39 39 38 38 38 • Better port mix and rate adjustments in some 2Q23 3Q23 4Q23 1Q24 2Q24
Slide 11: Air Logistics 9M24
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions Air Logistics 9M24 11
Slide 12: Air Logistics
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions QUARTERLY VALUES YTD VALUES Air Logistics METRIC TONS HANDLED - AEROSAN (TH) Solid growth in activity, revenue and EBITDA +29% +27% 271 348 • Tons handled (cargo handling) during the 95 83 122 121 121 106 quarter increase
Slide 13: Other and Eliminations 9M24
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions Other and Eliminations 9M24 13
Slide 14: Other and Eliminations
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions Other and Eliminations Consolidated Income Statement (Th US$) 3Q24 3Q23 Δ% Δ 9M24 9M23 Δ% Δ Revenue 146 358 -59% -212 668 1,028 -35% -360 Cost of sales -216 -384 -44% 168 -504 -1,365 -63% 861 Administrative expenses -2,47
Slide 15: Outlook
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions Outlook 15
Slide 16: Outlook
9M24 Results Overview 3Q24 Milestones Consolidated Divisions Outlook Questions Outlook • ~US$ 80 million in investments with focus on infrastructure and sustainability projects at SAAM Towage, tug maintenance and development of air logistics operations. • Activity levels and margins returning to nor
Slide 17: Questions
asaam. Questions