Sociedad Matriz Saam S.a. · BCS:SMSAAM
Sociedad Matriz Saam — H1 2024 Earnings Presentation
15 slides from Sociedad Matriz Saam's earnings presentation, August 2024
Slide 1: 1H24 Results Presentation
1H24 Results Presentation August 2024
Slide 2: Disclaimer
1H24 Results 1H24 Developments Aggregate Results Division Results 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 consi
Slide 3: 1H24 Developments
1H24 Results 1H24 Developments Aggregate Results Division Results Outlook Questions 1H24 Developments Milestones during the quarter include: Towage • Electric tugs started operating in the Port of Vancouver in Canada. • Contract awarded for the first electric tug in Chile and Latin America at Puerto
Slide 4: 1H24 Results
1H24 Results 1H24 Developments Aggregate Results Division Results Outlook Questions 1H24 Results 4
Slide 5: 2Q24 and 1H24 Consolidated Results
1H24 Results 1H24 Developments Aggregate Results Division Results Outlook Questions 2Q24 and 1H24 Consolidated Results Consolidated Income Statement (Th US$) 2Q24 2Q23 Δ% Δ 1H24 1H23 Δ% Δ Revenue 143,322 130,701 10% 12,621 283,565 257,575 10% 25,990 Cost of sales -100,031 -93,639 7% -6,392 -200,818
Slide 6: Balance Sheet
1H24 Results 1H24 Developments Aggregate Results Division Results Outlook Questions Balance Sheet Consolidated Statement of Financial Position (ThUS$) • Decrease in current assets (-34%) mainly because of less cash and cash equivalents due to dividend Jun-2024 Dec-2023 payment of US$250.4 million an
Slide 7: Continuing Operations
1H24 Results 1H24 Developments Aggregate Results Division Results Outlook Questions Continuing Operations Net income for the quarter includes ~US$7 million in deferred tax expenses associated with depreciation of local currencies SM SAAM Context: • Presentation and functional currency is USD. • Most
Slide 8: Healthy financial ratios and robust liquidity position
1H24 Results 1H24 Developments Aggregate Results Division Results Outlook Questions Continuing Operations Healthy financial ratios and robust liquidity position NET FINANCIAL DEBT (MUS$) EBITDA FROM CONTINUING OPERATIONS (MUS$) 493 503 171 160 151 147 -10 Financial Liabilities Cash Net Financial Lia
Slide 9: Towage 1H24
1H24 Results 1H24 Developments Aggregate Results Division Results Outlook Questions Towage 1H24 9
Slide 10: Towage
1H24 Results 1H24 Developments Aggregate Results Division Results Outlook Questions QUARTERLY VALUES YTD VALUES Towage MANEUVERS (TH) Sustained growth in activity and revenue +3% +2% • Rise in revenue (+7%) explained by: 74 76 37 37 39 39 38 38 • Better port mix and rate adjustments in some 1Q23 2Q2
Slide 11: Air Logistics 1H24
1H24 Results 1H24 Developments Aggregate Results Division Results Outlook Questions Air Logistics 1H24 11
Slide 12: Air Logistics
1H24 Results 1H24 Developments Aggregate Results Division Results Outlook Questions QUARTERLY VALUES YTD VALUES Air Logistics METRIC TONS HANDLED - AEROSAN (TH) Solid growth in activity, revenue and EBITDA +29% +28% 188 243 • Rise in revenue (25%), explained by: 93 95 83 122 121 121 • Greater export
Slide 13: Outlook
1H24 Results 1H24 Developments Aggregate Results Division Results Outlook Questions Outlook 13
Slide 14: Continuing Operations Outlook
1H24 Results 1H24 Developments Aggregate Results Division Results Outlook Questions Continuing Operations Outlook • ~US$80 million in investments with focus on infrastructure and sustainability projects at SAAM Towage, tug maintenance and development of air logistics operations. • Increased activity
Slide 15: Questions
asaam. Questions