Grupo Tmm Sab Class A · BMV:TMM/A
Grupo Tmm Sab Class A — Q3 2011 Earnings Presentation
15 slides from Grupo Tmm Sab Class A's earnings presentation, Oct 28, 2011
Slide 1: Third-Quarter 2011 Financial Results
Third-Quarter 2011 Financial Results October 27, 2011 Grupo TMM
Slide 2: Forward-Looking Statements
2 Forward-Looking Statements
Slide 3: On Today's Call
3 On Today’s Call • José Serrano, Chairman and CEO • Jacinto Marina, Deputy CEO • Carlos Aguilar, CFO • Luis Ocejo, Maritime • Roberto Martínez, Ports and Terminals
Slide 4: Consolidated Financial Results
4 Consolidated Financial Results Revenue Operating Profit EBITDA *Millions of U.S.$ -8.0% -11.7% -28.6% -17.5% -15.8% -8.7%
Slide 5: Maritime Financial Results
5 Maritime Financial Results Revenue Operating Profit *Millions of U.S.$ -12.9% -16.7% -29.5% -31.4%
Slide 6: Maritime Financial Results
6 Maritime Financial Results Revenue Improvement During 2011 *Millions of U.S.$ 12.1%
Slide 7: Maritime Financial Results
7 Maritime Financial Results Nine Months 2011 *Millions of U.S.$ • Offshore Vessels • Harbor towage Ø Increased ship calls Ø Higher average revenue /call
Slide 8: TMM's Maritime Fleet
Fleet: 28 Fleet: 7 Fleet: 5 Fleet: 2 8 TMM’s Maritime Fleet Offshore Vessels - Sound of Campeche Product Tankers - Pacific Coast & Gulf of Mexico Harbor Towage - Manzanillo Chemical Tankers - Gulf of Mexico inter- coastal services
Slide 9: Offshore and Product Tanker Data Snapshot
Q3 2010 Q3 2011 Revenue Available Days 2,365 2,268 Average Vessels 32 28 Utilization 80.3% 88.0% Q3 2010 Q3 2011 Revenue Available Days 619 643 Average Vessels 7 7 Utilization 99.5% 99.8% 9 Offshore and Product Tanker Data Snapshot Offshore Fleet Product Tanker Fleet *Q3 2011 offhire days: offshore
Slide 10: Ports and Terminals Financial Results
10 Ports and Terminals Financial Results *Millions of U.S.$ Revenue Operating Profit 25.4% 20.1% unchanged 2.3%
Slide 11: Ports and Terminals Financial Results
11 Ports and Terminals Financial Results Autos Handled at Puebla, Saltillo and Acapulco 31.7%
Slide 12: Logistics Financial Results
12 Logistics Financial Results Nine Months 2011 • Excluding $6.7m from sale of assets in April 2010, revenue increased 3.5% • Auto hauling revenue improved 32.8% • Trucking profit improved from a loss of $0.2m to a profit of $1.0m
Slide 13: Total Debt
As of 12/31/10 As of 09/30/11 Mexican Trust Certificates** $786.4 $697.2 Securitization Facility 11.8 0.0 Other Corporate debt 73.9 64.3 TOTAL DEBT $872.1 $761.5 13 Total Debt* Nine Months 2011 • Peso-denominated debt reduced $66.8m from depreciation of peso vs. dollar • Net debt reduced by $30.8m •
Slide 14: Five-Year Growth Strategy
14 Five-Year Growth Strategy • Container and Liquids Terminal at Port of Tuxpan Ø Concession to operate and environmental permits in place • Add specialized offshore vessels to TMM’s fleet Ø Meet increasing demand for deep water exploration in Mexico
Slide 15: Third-Quarter 2011 Financial Results
Third-Quarter 2011 Financial Results October 27, 2011 Grupo TMM