Slide 1: First Quarter 2008 Earnings Release Presentation
First Quarter 2008 Earnings Release Presentation
Slide 2: 1Q08 Highlights
1Q08 Highlights Consolidated revenues of US$173.9 million, Operating Income of US$18.8 million, EBITDA of US$ 30.2 million and Net Income of US$13.4 million Revenue growth of 43.3% with regard to 1Q07: driven mainly by increases in both Brazil and OPLA operations. Chile rises by US$3.8 million and M
Slide 3: 1Q08 Financial Summary
1Q08 Financial Summary Var% Var% (US$ Thousands) 2008 2007(H) 08/07H 2007(C) 08/07C Revenues 173,926 91,156 90.8% 121,390 43.3% Platforms 37,993 28,960 31.2% 38,566 -1.5% IT Services 115,287 56,569 103.8% 75,331 53.0% Applications 20,647 5,626 267.0% 7,493 175.6% Cost of Sales -137,030 -71,076 92.8%
Slide 4: YoY Revenue Growth
YoY Revenue Growth 2008 174.0 Applications +15.0 IT Services +66.7 Platforms +9.1 2007 91.2 0 20 40 60 80 100 120 140 160 180 200 US$ millions (*) Values as reported in 2007 4
Slide 5: YoY Revenue Growth
YoY Revenue Growth Total Revenues IT Services 2008 174.4 2008 115.3 OPLA 6.0 OPLA 2.1 MEXICO 1.3 MEXICO 0.7 BRAZIL 51.3 BRAZIL 64.9 CHILE 24.2 CHILE 30.2 2007 91.2 2007 56.6 0 20 40 60 80 100 120 140 160 180 200 0 20 40 60 80 100 120 140 Platforms Applications 2008 38.0 2008 20.6 OPLA 3.7 OPLA 0.3 M
Slide 6: Revenue Growth by Region
Revenue Growth by Region BRASIL 14,9% BRASIL (US$ Million) 37,3% MEXICO 6,9% 121.4 1Q07(C) OPLA +43.3% MEXICO +33.2% CHILE 10,5% 4,4% 67,7% CHILE 49,4% OPLA 91.2 173.9 8,9% 1Q08 2007 1Q07(H) +90.8% 2008 (US$ Thousands) 2008 2007(H) Var % 2007(C) Var % BRAZIL 64,859 13,602 376.8% 18,113 258.1% MEXICO
Slide 7: EBITDA Growth by Region
EBITDA Growth by Region (US$ Millions) BRASIL BRASIL CHILE 12% 7% CHILE 83% 23.4 79% 1Q07(C) MEXICO MEXICO +29.4% 3% 3% +33.2% OPLA OPLA 7% 6% 17.5 30.2 1Q08 2007 1Q07(H) +72.4% 2008 (US$ Thousands) 2008 2007(H) Var % 2007(C) Var % BRAZIL 3,650 1,188 207.2% 1,582 130.7% MEXICO 861 571 50.7% 761 13.2
Slide 8: New Contracts
New Contracts (US$ Million) Regional Breakdown Growth OPLA 180 154.5 12% Chile 160 +140.7% 26% 140 34.9 Mexico 120 8% 100 80 64.2 105.2 60 24.1 40 20 38.5 Brasil 1.6 14.4 0 54% 2007 2008 Applications IT Services Platforms New contracts signed for US$154.5 million during 2008, with 68.1% coming from
Slide 9: Balance Sheet Summary
Balance Sheet Summary SONDA S.A. CONSOLIDATED BALANCE SHEET (US$ millions) Highlights mar-08 mar-07 Var% Assets 744.727 779.272 -4,4% Total cash and Cash and equivalent 107.417 184.699 -41,8% equivalent of US$ 107 Accounts receivables 190.584 123.501 54,3% million. Inventories 21.755 19.325 12,6% Ot
Slide 10: 2008 Outlook
2008 Outlook New agreement signed with AFT Acquisition of Red Colombia in line with regional strategy Integration of Procwork to continue delivering synergy gains Increased amount of new contracts supports a solid revenue base for the following years IT Industry in Latin America growing a 12.8% in 2
Slide 11: Q & A Session
Q & A Session Phone (56-2) 657 50 00 Fax (56-2) 657 54 10 Teatinos 500 / Santiago / CHILE www.SONDA.com