Sonda S.a. · BCS:SONDA
Sonda — Q1 2011 Earnings Presentation
14 slides from Sonda's earnings presentation, 2011
Slide 1: 1Q11 Earnings Release Presentation
1Q11 Este documento ha sido preparado por Celfìn Capital (en adelante el “Agente Estructurador y Colocador”) en conjunto con SONDA S.A. (en adeante “SONDA”, el “Emisor” o la “Compañía”) en base a información pública e información privada entregada por el Emisor con el propósito de entregar anteceden
Slide 2: Highlights for 1Q11
Highlights for 1Q11 Consolidated revenues reached US$265.0 million for the first quarter of 2011 (1Q11), showing an increase of 43.6% when compared to 1Q10. Operating income increased to US$34.2 million and EBITDA reached US$44.3 million, reflecting a rise of 52.2% and 39.0%, respectively Net in
Slide 3: 1Q-2011 Consolidated Results
1Q-2011 Consolidated Results (in millions of US$) 1Q10 1Q11 Var% Revenues 184.5 265.0 43.6% Costs of Sales -142.9 -206.9 44.8% Gross Margin 41.6 58.1 39.1% Gross Margin 22.6% 21.9% -2.8% EBIT 22.5 34.2 52.2% Operating Profit 12.2% 12.9% 6.0% EBITDA 31.8 44.3 39.0% EBITDA Margin 17.3% 16.7% -3.2% Net
Slide 4: Financial Performance (1Q 2010 vs. 1Q 2011)
Financial Performance (1Q 2010 vs. 1Q 2011) (US$ Millions) Revenues EBITDA +43.6% 265.0 +39.0% 44.3 184.4 31.8 17.3% 16.7% 1Q10 1Q11 1Q10 1Q11 EBITDA Margin EBIT Net Income +25.5% 34.2 7.6 +52.2% 6.0 22.5 12.2% 12.9% 3.3% 2.9% 1Q10 1Q11 1Q10 1Q11 EBIT Margin Net Margin -4-
Slide 5: 1Q-2011 Regional Summary
1Q-2011 Regional Summary Regional Summary % of change 1Q11 1Q11 / 1Q10 (Millions of US$) Revenues EBIT EBITDA EBITDA Mg Revenues EBIT EBITDA CHILE 106.5 21.6 28.3 26.6% 14.8% 34.7% 22.0% BRAZIL 98.2 8.8 10.5 10.7% 52.3% 67.2% 62.8% MEXICO 34.2 2.8 3.5 10.4% 251.0% 214.9% 244.8% OPLA 26.1 0.9 1.9 7.1
Slide 6: Chile
CHILE •Revenues of US$106.5 million for 1Q11, showing a 14.8% growth over the level recorded in the same previous period •34.7% increase in operating income to reach US$21.6 million •Operating margin increased 300bp, from 17.3% in 1Q10 to 20.3% in 1Q11 (in millions of US$) 1Q10 1Q11 Var% Revenues 92
Slide 7: Brazil
BRAZIL • Revenues of US$98.2 million for 1Q11, showing a 52.3% growth over the level recorded in the same previous period •34.3% growth in IT services revenues, totalling US$64.4 million for 1Q11 Principal •Increase of 67.2% in operating income and rise of 62.8% in EBITDA mercado de •80bp increase i
Slide 8: Mexico
MEXICO •251.0% increase in revenues, totaling US$34.2 million for 1Q11 •Rise of 214.9% in operating income, reaching US$2.8 million Segundo •244.8% EBITDA growth, to US$3.5 million for 1Q11 mayor •Operating margin of 8,1% and EBITDA margin of 10.4% mercado de TI en Latino- (in millions of US$) 1Q10
Slide 9: OPLA
OPLA • US$26.1 million in revenues for 1Q11, with a change of +49.4% regarding 1Q10 Ingresos por •Operating income of US$0.9 million and EBITDA of US$1.9 million, while US$ 78 operating margin reaches 3.6% and EBITDA margin 7.1%, showing millones en increases of 220pb and 70pb, respectively 2008 (mi
Slide 10: New Deals – 1Q11
New Deals – 1Q11 Growth in new contracts New deals breakdown by region 1038,3 +55,3% +20.4% 217.8 +20.4% 217.8 180.9 +9.4% 668.5 180.9 8% 49% 11% 8% 611.3 12% +39.1% 30% 11% 14% 7% 53% 439.3 56% 42% 31% 44% 33% 61% 44% 31% 14% 9% 30% 8% 2007 1Q10 2009 1Q11 2010 1Q10 1Q11 Platforms IT Services Applic
Slide 11: New Deals Quarterly
New Deals Quarterly 399 400 350 218 283 300 250 2009 181 US$ Millions 175 228 200 2010 166 2011 150 134 141 100 0 0 0 50 0 1Q 2Q 3Q 4Q Quarter - 11 -
Slide 12: Financial Statements
Financial Statements (in millions of US$, as of Dec 31) (in millions of US$) FY10 1Q11 Desv. Var.% Assets 1,094.8 1,133.1 38.3 3.5% Current Assets in Operation 562.4 584.2 21.8 3.9% Cash and Cash Equivalents 44.1 55.8 11.8 26.8% Financial Investments 135.9 133.5 -2.3 -1.7% Other Current Assets 67.6
Slide 13: Positive Outlook for 2011
Positive Outlook for 2011 1 Positive outlook for the IT Services industry in Latin America in 2011 2 Ongoing execution of the US$ 500 million investment plan 3 New acquisitions enabling synergy capture and margin improvement 4 Close relationship with client base increasing cross-selling opportunitie
Slide 14: Tel (56-2) 657 50 00 Fax (56-2) 657 54 10 Teatinos 500,
Tel (56-2) 657 50 00 Fax (56-2) 657 54 10 Teatinos 500, Santiago, CHILE www.SONDA.com