Oci Nv · EURONEXT:OCI
Oci Nv — Q1 2020 Earnings Presentation
14 slides from Oci Nv's earnings presentation, May 11, 2020
Slide 1: Q1 2020 Results Presentation
Q1 2020 Results Presentation 11 May 2020
Slide 2: Disclaimer
Disclaimer This presentation ("Presentation") has been prepared by OCI N.V. (the "Company"). By accessing and reading the Presentation you agree to be bound by the following limitations: This Presentation does not constitute or form a part of, and should not be construed as, an offer for sale or sub
Slide 3: Company Response to COVID-19 and Impact
Company Response to COVID-19 and Impact Dedicated Taskforce for COVID-19 No Disruptions Caused by COVID-19 to Date ▪ Taskforce established to ensure safety of employees and ▪ Production at our plants has not been disrupted by COVID- continuity of operations 19 challenges ▪ Closely monitors developme
Slide 4: Overview Q1 2020 Results
Overview Q1 2020 Results Highlights Summary Key Financials1) and KPIs Own-produced volumes sold +62% in Q1 2020 vs. Q1 2019 Q1 2020 Q1 2019 %Δ • Inclusion of Fertil in consolidated results; robust increase in Revenue 811.1 596.5 36% production volumes YoY Gross Profit 77.3 52.5 47% Gross profit marg
Slide 5: Limited Debt Amortization Next Three Years and Ample Liquidity
Limited Debt Amortization Next Three Years and Ample Liquidity Debt Maturity Profile $ million ▪ OCI N.V. has zero debt maturities at the parent 2,000 company level until Q2 2023 ▪ Very limited scheduled debt amortization of less than 1,800 $200 million on average per annum across the group until th
Slide 6: Details of Q1 2020 Results
Details of Q1 2020 Results OCI
Slide 7: Financial Highlights - Consolidated Statement of Income
Financial Highlights - Consolidated Statement of Income*) $ million Q1 2020 Q1 2019 Net revenue 811.1 596.5 Cost of Sales (733.8) (544.0) Gross profit 77.3 52.5 SG&A (57.1) (46.6) Other Income 13.8 3.3 Other expense - (0.3) Adjusted EBITDA 193.0 129.3 EBITDA 176.1 122.2 Depreciation & amortization (
Slide 8: Financial Highlights – Reconciliation of Adjusted EBITDA and Adjusted Net Income
Financial Highlights – Reconciliation of Adjusted EBITDA and Adjusted Net Income Reconciliation of reported operating income to adjusted EBITDA $ million Q1 2020 Q1 2019 Adjustment in P&L Operating profit as reported 34.0 8.9 Depreciation and amortization 142.1 113.3 EBITDA 176.1 122.2 APM adjustmen
Slide 9: Financial Highlights – Free Cash Flow
Financial Highlights – Free Cash Flow Reconciliation of EBITDA to Free Cash Flow and Change in Net Debt $ million Q1 2020 Q1 2019 EBITDA 176.1 122.2 Working capital (125.0) (104.9) Maintenance capital expenditure (90.7) (18.6) Tax paid (5.3) (0.5) Interest paid (39.6) (46.8) Dividends from equity ac
Slide 10: Product Sales Volumes ('000 metric tons)
Product Sales Volumes (‘000 metric tons) Q1 2020 Q1 2019 %Δ Own Product Ammonia 541.5 367.5 47% Urea 1,116.2 448.2 149% Calcium Ammonium Nitrate (CAN) 170.2 108.7 57% Urea Ammonium Nitrate (UAN) 340.0 239.9 42% Total Fertilizer 2,167.9 1,164.3 86% Melamine 30.5 35.2 (13%) DEF 140.4 97.0 45% Total Ni
Slide 11: Segment Information
Segment Information Segment overview Q1 2020 $ million Other Elim. Nitrogen Total Total Methanol US Total US Europe Fertiglobe* Elim. Nitrogen Europe Elim.** Methanol Total revenues 118.7 162.4 363.3 (11.9) 632.5 130.0 81.8 (20.3) 191.5 0.2 (13.1) 811.1 Gross profit 10.2 14.5 62.6 1.0 88.3 (1.2) (1.
Slide 12: Appendix
OCI Appendix 12
Slide 13: Flexible Production Capabilities to Maximize Production of Most Profitable Products
Flexible Production Capabilities to Maximize Production of Most Profitable Products Max. Proven Capacities¹ ('000 metric tons) Total Total Total2) Plant Country Ammonia Ammonia Urea UAN CAN Fertilizer Melamine4 DEF Nitrogen Methanol OCI NV (Gross) (Net)3 Iowa Fertilizer Company5 USA 914 195 438 1,75
Slide 14: For OCI N.V. investor relations enquiries contact
For OCI N.V. investor relations enquiries contact: Hans Zayed hans.zayed@oci.nl T +31 (0) 6 18 25 13 67 OCI N.V. corporate website: www.oci.nl 14