Orbia Advance Corp. Sab De Cv · BMV:ORBIA
Orbia Advance Corp. Sab De Cv — Orbia — Q1 2021 Earnings Presentation
15 slides from Orbia Advance Corp. Sab De Cv's earnings presentation, Apr 29, 2021
Slide 1: Orbia Q1 2021 Earnings Call
Orbia Q1 2021 Earnings Call April 29, 2021
Slide 2: Safe Harbor
Safe Harbor In addition to historical information, this presentation contains "forward-looking" statements that reflect management's expectations for the future. The words “anticipate,” “believe,” “expect,” “hope,” “have the intention of,” “might,” “plan,” “should” and similar expressions generally
Slide 3: Solid Start to the Year with Double-Digit Growth in Revenue and EBITDA
Solid Start to the Year with Double-Digit Growth in Revenue and EBITDA Strong quarter and better than expected results; our Q1 2021 Financial Highlights businesses experienced robust end market demand, which 01 was somewhat offset by rising raw material costs, supply REVENUE EBITDA chain disruptions
Slide 4: Strong Quarterly EBITDA Performance Led by Vestolit, Wavin and Netafim
Strong Quarterly EBITDA Performance Led by Vestolit, Wavin and Netafim In $Millions First Quarter Revenues +21% +33% +19% +8% -5% $708 $275 $184 $679 $232 $170 $182 $172 $583 $512 1Q20 1Q21 1Q20 1Q21 1Q20 1Q21 1Q20 1Q21 1Q20 1Q21 First Quarter EBITDA & Margin +85% +86% +41% Flat – 18% $95 $52 $224 $
Slide 5: Strong Balance Sheet to Support Growth
Strong Balance Sheet to Support Growth Operating Cash Flow ($M) Balance Sheet ($M, 3/31/2021) Debt Profile ($M, 3/31/2021) Cash / Cash Equivalents 713 Gross Debt 3,583 $189 Accounts Receivable 1,322 Less Cash 713 -$4 Inventory 937 Net Debt 2,870 1Q20 1Q21 Total Assets 10,231 Gross Debt to EBITDA 2.4
Slide 6: Disciplined Capital Allocation Strategy: Focused on Investing for Growth
Disciplined Capital Allocation Strategy: Focused on Investing for Growth Our Philosophy ✓ Evaluate performance based 3 Focus Areas on total shareholder returns ✓ Compelling project funding 1) Reinvestment 2) Growth 3) Cash Returns with no Business Group bias To support day-to-day With an emphasis on
Slide 7: Operating with a Common Purpose – To Advance Life Around The World
Operating with a Common Purpose – To Advance Life Around The World Strengthening and expanding our market leadership through innovation and initiatives that bring us closer to our customers and that result in our customers valuing us more Completed Gakon acquisition; Continued to grow geographic Con
Slide 8: Significant Achievements On Our ESG Initiatives
Significant Achievements On Our ESG Initiatives Recent Milestones Awarded for Our Achievements on Sustainability ✓ Led and announced a $4 million venture capital investment in ✓ Dow Jones Sustainability Index member (2nd year in a row) Battery Resourcers to develop a commercial processing facility f
Slide 9: Full Year 2021 Outlook and Global Business Trends
Full Year 2021 Outlook and Global Business Trends Full Year 2021 Guidance Prior Current (as of 2/24/21) (as of 4/29/21) ~15% with potential upside, if strong conditions prevail in 2021 and there EBITDA Growth 4% – 7% are no further COVID-19 or other material disruptions. CAPEX $350M – $400M Unchange
Slide 10: Closing Remarks
Closing Remarks 01 02 03 Optimistic about Orbia’s resilience as a business, our Disciplined and focused on successfully navigating Our businesses are well positioned to benefit from performance this year and the future opportunities in the short-term market dynamics while accelerating favorable glob
Slide 11: Appendix
Appendix
Slide 12: P&L First Quarter
P&L USD in millions First Quarter Income Statement 2021 2020 % Net sales 1,914 1,626 18% Cost of sales 1,332 1,198 11% Gross profit 582 429 36% Operating expenses 277 257 8% Operating income (loss) 305 172 77% Financial Costs 68 85 -20% Equity in income of associated entity 0 0 0% Income (loss) from
Slide 13: Balance Sheet
Balance Sheet USD in millions Balance sheet ´Mar 2021 ´Dec 2020 ´Mar 2020 Total assets 10,231 10,211 10,775 Current assets 3,316 3,156 3,694 Cash and temporary investments 713 875 1,452 Receivables 1,322 1,093 1,212 Inventories 937 861 819 Others current assets 343 326 212 Non current assets 6,916 7
Slide 14: Cash Flow Statement
Cash Flow Statement mm US$ First Quarter Cash flow 2021 2020 %Var. EBITDA 451 309 46.0% Taxes paid, net (77) (30) 156.7% Net interest / Bank commissions (80) (88) -9.1% Change in trade working capital (257) 7 N/A Others (Other assets - provisions, Net) (15) 47 N/A CTA and FX (27) (57) -52.6% Cash ge
Slide 15: orbia(}
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