Sociedad Matriz Saam S.a. · BCS:SMSAAM
Sociedad Matriz Saam — Investor Presentation (January 2017)
20 slides from Sociedad Matriz Saam's investor presentation, January 2017
Slide 1: Corporate Presentation January, 2017
Corporate Presentation January, 2017
Slide 2: Disclaimer
Disclaimer This presentation provides general information about Sociedad Matriz SAAM S.A. (“SMSAAM”) and related companies. It consists of summarized information and does not purport to be complete. It is not intended to be relied upon as advice to potential investors. No representation or warrantie
Slide 3: Agenda
Agenda Introduction to SM SAAM Attractive investment fundamentals Appendices 3
Slide 4: SAAM at a glance
SAAM (1) at a glance Highlights Business units SM SAAM, through its main asset –SAAM-, provides port and Services: mooring/casting off, towage and salvage of vessels offshore tugboat services, port terminals and logistics Major tugboat operator in America It operates in more than 80 ports an
Slide 5: Trajectory of over 55 years
Trajectory of over 55 years providing services to Foreign Trade Enters Brazil (Tugbrasil) Enters United States (FIT) Spin off from CSAV Creation of SM SAAM SAAM’s Internationalization Start of Concession of by entering Peru and Operations in Incorporation of the the port of Colombia markets Mexico p
Slide 6: Our business grows with foreign trade
Our business grows with foreign trade Highlights Projected GDP growth per country 2016E-2021E(2) (%) Mexico 2.7% America America Projected annual growth for TEU traffic in America for the Central North Canada 1.9% period between 2015 and 2020 is between 2% and 3% (Source: USA 1.9% Panama 6.1% Drew
Slide 7: Agenda
Agenda Introduction to SM SAAM Attractive investment fundamentals Appendices 7
Slide 8: Diversified Company
Diversified Company in geographic terms and business units(1) Disaggregation of results by geographic distribution (sep-16 LTM(2)) Central America Central America Revenues 4% EBITDA 6% Chile North America Chile North America 40% 18% 46% 18% MUS$ 711 MUS$ 201 South America (ex Chile) South America 32
Slide 9: Towage Division: Leadership with the most comprehensive coverage across the Americas
Towage Division: Leadership with the most comprehensive coverage across the Americas 1 2 3 Canadá 1 SST Canadá SST México Guatemala 4 5 6 México 2 Guatemala Honduras 3 4 Costa Rica 5 6 Panamá Honduras Costa Rica Panamá Ecuador 7 Perú 7 8 9 9 Brasil 8 Ecuador Brasil Perú Uruguay 10 Chile 10 11 12 11
Slide 10: Leader in tugboats and towage
Leader in tugboats and towage with world class assets and sound strategic alliances Highlights Tugboats Number of maneuvers carried out(2) Major operator in the Americas and fourth at world level Consolidated Affiliates Present in 11 countries in over 70 ports in the Americas Modern fleet of 1
Slide 11: Port Terminals: 12 Port Terminals
Port Terminals: 12 Port Terminals including San Antonio Terminal Internacional - the leading port of Chile Chilean Terminals SAAM´s ownership Tons Transferred in 2015 1 2 3 Terminal Iquique Terminal Antofagasta Terminal Puerto Arica S.A. Internacional S.A. Internacional S.A. 7 USA (15%) (85%) (35%)
Slide 12: Leader in South American Port Terminals
Leader in South American Port Terminals, with world class assets and sound strategic alliances Port Terminals Highlights TEUs transferred (thousands)(2) Operates in 12 port terminals in 7 countries(1) 4th major port operator in South America Consolidated Affiliates CAG(3): +4.0% State of the a
Slide 13: New Port: SAAM will acquire 51% stake of the second major port in Costa Rica
New Port: SAAM will acquire 51% stake of the second major port in Costa Rica Caldera Port description Puerto Caldera (SPC / SPGC) ownership (1) Caldera is located in a strategic location in Costa Rica, given its proximity and good connectivity with the city of San Jose. Last year the Port transferre
Slide 14: Logistics; moving to a new business strategy
Logistics; moving to a new business strategy Logistics Highlights Supply chain Strategy focused on providing supply chain services (warehousing, transport, and shipping services) Middle- and long-term relationships with clients Potential release of expendable property assets Alliances with :
Slide 15: Stayed strong throughout the economic situation
Stayed strong throughout the economic situation Sound financial position, stable returns (1) Evolution of revenues (MUS$) EBITDA evolution (MUS$) Consolidated Affiliates Consolidated Affiliates 775 749 726 203 185 247 283 568 165 157 155 323 530 77 111 239 236 71 81 84 479 492 426 329 94 108 92 294
Slide 16: Stayed strong throughout the economic situation
Stayed strong throughout the economic situation Sound financial position (1) Net Financial Debt US$ millions Composition of Financial Debt by term(1) Non- current Current 74.1% 25.9% Net financial debt / Equity(1) Consolidated + Affiliates Leverage 3Q 3Q2016 1Q2016 2015 DFN / EBITDA (*) 1.62 1.73 1.
Slide 17: CAPEX
CAPEX (1) Investments over the past 3 years Business Investments Amount • Fleet renovation Towage ~US$ 160 M • Careening and overhaul Extensions, reconstructions, Port equipment acquisitions, ~US$ 160 M Terminals improvements and reorganization of yards Renovation and purchase of equipment and c
Slide 18: Supported by one of the major economic groups in the country
Supported by one of the major economic groups in the country Ownership Structure Quiñenco’s main companies MC(2): MC): MC(2): MUS$ 3,766 MUS$ 2,244 MUS$ 747 Quiñenco Others 52.2% 47.8% Market Ownership: 60% Ownership: 29% Ownership: 52% Capitalization(1) MUS$ 747 MC(2): MC(2): Equity(3): MUS$ 11,109
Slide 19: Attractive investment fundamentals
Attractive investment fundamentals Diversified Company both in geographic terms and business units Leader in tugboats and port terminals, with world class assets with state of the art infraestructure and sound strategic alliances Sound financial position, stable returns and cash generation High valu
Slide 20: Corporate Presentation January, 2017
Corporate Presentation January, 2017
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