Sociedad Matriz Saam S.a. · BCS:SMSAAM
Sociedad Matriz Saam — Investor Presentation (August 2018)
22 slides from Sociedad Matriz Saam's investor presentation, August 2018
Slide 1: Company Presentation August 2018
Company Presentation August 2018
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
Slide 3: Agenda
Agenda 1. SAAM at a glance. 2. Our Business Divisions 3. Financial Highlights 4. Attractive investment fundamentals. 3
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 • Major tugboat operator in the Americas and logistics services • Present in 11 countries • Present in more than 70 ports and in 13 countries in the Americas • Oper
Slide 5: Simplified Corporate Structure
COMPANY PRESENTATION SMSAAM SA SIMPLIFIED CORPORATE STRUCTURE 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% PA
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
Slide 7: Agenda
Agenda 1. SAAM at a glance. 2. Our Business Divisions 3. Financial Highlights 4. Attractive investment fundamentals. 7
Slide 8: Towage Division: Leadership with the most comprehensive coverage across the Americas
COMPANY PRESENTATION 2. Towage Division: Leadership with the most comprehensive coverage across the Americas 8
Slide 9: Major Towage operator in the Americas
COMPANY PRESENTATION 2. Towage Division: Major Towage operator in the Americas Harbour Towage • Shipping Companies • Agencies • Competitors Concessions • Port Authorities • Off-shore operations Special Services •Salvage •Projects
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 (thousands) (2) Highlights Subsidiaries Affiliates • Major operator in the Americas and fourth at world level 115 113 113 • Present in 11 countries in over 70 ports in the A
Slide 11: Port Terminals including San Antonio Terminal Internacional
COMPANY PRESENTATION 2. Port Terminals: 11 Port Terminals including San Antonio Terminal Internacional - the leading port of Chile 11
Slide 12: 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) Subsidiaries • Operates in 10 port terminals in 6 countries 3,222 • 4th major port operator in South America 2,675
Slide 13: 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
Slide 14: Terminal Portuario Guayaquil: Expanded infrastructure
COMPANY PRESENTATION 2. Terminal Portuario Guayaquil: Expanded infrastructure General Description • Private Terminal (2006 – 2056): Leased and own land • Strategic locations at only 10 km of downtown Guayaquil • Container cargo: bananas, shrimps and cocoa for export; retail imports Item Dock 480 met
Slide 15: Logistics Division: new business strategy
COMPANY PRESENTATION 2. Logistics Division: new business strategy Presence in South America Services Warehousing Infraestructure Warehouse Management Item Area Storage 3 Bonded Warehouses 203.962 m² 35.000 m² (IQQ, SAI, VAP) Transport Management 1 General Warehouse 67.241 m² 22.603 m² (SCL) 1 Bulk W
Slide 16: Logistics; Aerosan – airport operations
COMPANY PRESENTATION 2. Logistics; Aerosan – airport operations Main figures Geographic presence 50% 50% Colombia Warehouse Cargo Flights Bogotá m2 tons 2017 n° 2017 Medellín 11,449 85,086 3,753 San Andrés Barranquilla 9,105 157,508 2,169 Cartagena Pereira 100% 100% 80% 2,250 40,273 - Ecuador Total
Slide 17: Agenda
Agenda 1. SAAM at a glance. 2. Our Business Divisions 3. Financial Highlights 4. Attractive investment fundamentals. 17
Slide 18: Financial highlights
COMPANY PRESENTATION 3.Financial highlights (1) Revenues (MUS$) EBITDA and Ebitda Mg (MUS$) Towage Port Terminals Logistics 468 Subsidiaries 426 394 69 Ebitda Mg 112 94 218 258 125 223 28% 115 31 38 25% 25% 131 23% 95 22% 189 185 181 89 96 92 91 118 56 71 2015 2016 2017 1H2017 1H2018 2015 2016 2017
Slide 19: Leverage: Sound financial position
COMPANY PRESENTATION 3. Leverage: Sound financial position Financial debt maturity profile(1,2) (June 2018, MUS$) Net financial debt (1,2) (June 2018, MUS$) SAAM Subsidiaries AA- Stable 308 AA- Stable 94 79 208 179 46 40 48 100 35 15 160 132 128 -32 1 year 1-2 years 2-3 years 3-4 years 4-5 years > 5
Slide 20: Agenda
Agenda 1. SAAM at a glance. 2. Our Business Divisions 3. Financial Highlights 4. Attractive investment fundamentals. 20
Slide 21: 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
Slide 22: The End
The End http://www.saam.com ir@saam.cl Paula Raventós IRO praventos@saam.cl +56 2 27318213
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