Sao Martinho S.a. · BMFBOVESPA:SMTO3
Sao Martinho — 1Q13 Earnings Presentation
7 slides from Sao Martinho's earnings presentation, 2012
Slide 1: 1Q13 Results
T novo MERCADO AY o DAD Sao Martinho | ed 1Q13 Results
Slide 2: Disclaimer
DISCLAIMER This presentation contains forward-looking statements relating to the business outlook, operating and financial projections, and the growth prospects of São Martinho S.A. These statements merely represent projections and as such are based exclusively on management’s expectations about the
Slide 3: Crushing and Production – 1Q13 x 1Q12
CRUSHING AND PRODUCTION – 1Q13 X 1Q12 Chart 1 Chart 2 8000,0 7000,0 Crushed Sugarcane (‘000 Tons) Sugar Production (‘000 Tons) 6000,0 500,0 450,0 5000,0 400,0 3,647 350,0 4000,0 300,0 1,024 2,918 250,0 213 190 3000,0 759 200,0 2000,0 150,0 2,623 100,0 1000,0 2,159 50,0 - - 1Q12 1Q13 1Q12 1Q13 Chart
Slide 4: Financial Highlights
FINANCIAL HIGHLIGHTS Chart 1 1Q12 1Q13 Chg. (%) Table 1 Sugar Sales (‘000 Tons) Net Revenue 328,948 290,313 -11.7% 400,0 350,0 Adjusted EBITDA 147,094 105,645 -28.2% 300,0 250,0 219 Adjusted EBITDA 44.7% 36.4% -8.3 p.p. 200,0 Margin 136 150,0 Financial Result (9,140) (27,262) 198.3% 100,0 50,0 Net I
Slide 5: Indebtedness
INDEBTEDNESS INDEBTEDNESS Jun/12 Mar/12 Chg. (%) R$ Thousand CURRENCY Foreign Exchange Debt (US$) 866,691 437,376 98.2% BNDES / Rural Credit 544,139 481,374 13.0% Working Capital 165,652 110,125 50.4% Local Currency Obligations from Santa Cruz 116,597 113,475 2.8% 44% Foreign Gross Debt 1,693,079 1,
Slide 6: Hedge / Guidance
HEDGE / GUIDANCE Table 1 Volume Average Price % of Fixed Average Price Price in R$ (Tons) (US$ cents/pound) Production (R$/US$) Sugar / US$ 2012/2013 Harvest 529,000 24.30 67.5% 1.8601 996.0 2013/2014 Harvest 145,000 21.80 16.1% 2.1111 1,015.0 674,000 23.76 +2.0% Table 2 Guidance (%) Production 1Q12
Slide 7: Investor Relations
Investor Relations Phone: +55 11 2105-4100 E-mail: ri@saomartinho.ind.br Website: www.saomartinho.ind.br/ir