Sonae Indústria S.G.P.S. S.A

Sonae Indústria S.G.P.S — H1 2017 Earnings Presentation

10 slides from Sonae Indústria S.G.P.S's earnings presentation, Sep 8, 2017

  1. Slide 1: 1H17 Results – Investors and Analysts Briefing

    1H17 Results Investors and Analysts Briefing 8 September 2017 1

  2. Slide 2: 1H17 Highlights

    SONAE INDÚSTRIA Highlights | Proportional Indicators 1H17 HIGHLIGHTS: (1) • Proportional Turnover of circa 331M€ (1) • LTM Proportional Turnover of 644M€ • Proportional Recurrent EBITDA of 47.7M€, bringing LTM Proportional Recurrent (1) EBITDA to 90.1M€ • 14.0% LTM Proportional Recurrent EBITDA marg

  3. Slide 3: Financial Indicators

    SONAE INDÚSTRIA Highlights of 1H17 results | Proportional Indicators Financial Indicators FINANCIAL INDICATORS (unaudited and pro forma ) 1H16 1H17 Proportional Turnover 332 331 Proportional Rec. EBITDA 49 48 Proportional Rec. EBITDA margin 14.7% 14.4% Proportional LTM Turnover 647 644 Proportional

  4. Slide 4: Net Debt and Leverage

    SONAE INDÚSTRIA Highlights of 1H17 results | Proportional Indicators Net Debt and Leverage Before Strategic After Strategic Partnership Partnership Million € 31.05.2016 650 606 Completion of the strategic partnership with Arauco • Proportional 600 583 570 578 9.0 x Net Debt of 550 500 8.0 x 308M€ an

  5. Slide 5: Recurrent EBITDA and EBITDA margin

    SONAE INDÚSTRIA Highlights of 1H17 results Recurrent EBITDA (Million €) and Recurrent Proportional Rec. EBITDA (million €) and EBITDA margin (%) Proportional Rec. EBITDA margin (%) 60 30.0% 60 25 30.0% 30.0% 21 49 48 49 50 25.0% 50 20 19 48 25.0% 25.0% 40 20.0% 20.0% 40 15 20.0% 14.7% 14.4% 15.0% 30

  6. Slide 6: Fixed Costs in % of turnover

    SONAE INDÚSTRIA Highlights of 1H17 results Fixed Costs in % of turnover % • Fixed Costs in the 18.0% 17.0% semester reflect 16.0% 15.8% one-off 15.0% 14.0% 15.4% adjustments to 13.0% 12.0% accruals. As % of 11.0% turnover Fixed 10.0% 1H16 1H17 Costs decreased by Total Fixed Costs Recurrent Fixed Cos

  7. Slide 7: Contributions to Net results

    SONAE INDÚSTRIA Highlights of 1H17 results Contributions to Net results Million € • Net positive +1.9 result of 14.1M€ during 1H17 Reduction of net debt and cost of debt + recognition in 1H16 of +3.7 previously deferred upfront financing costs Sonae Arauco net profit contribution for G&L of JV’s of

  8. Slide 8: Scheduled loan repayments

    SONAE INDÚSTRIA Highlights of 1H17 results Scheduled loan repayments(1) as of 30 June 2017 Million € 140 132 120 100 80 60 48 40 20 4 7 7 9 3 1 0 0 2H17 1H18 2H18 1H19 2H19 1H20 2H20 2021 ≥ 2022 (1) Considering Jun-17 debt of circa 210M (excluding short term facilities). 8

  9. Slide 9: Glossary of Terms

    SONAE INDÚSTRIA Glossary of Terms Asset Value is calculated as follows: [6.8 x LTM Recurrent EBITDA of fully consolidated business (100%)] + Asset Value [market value of inactive sites real estate properties owned 100% by Sonae Indústria, according to external valuations] + [50% x (6.8 x LTM Recurre

  10. Slide 10: Investor and analysts contacts

    SONAE INDÚSTRIA 1H17 Results Investors and Analysts Briefing Investor and analysts contacts: João Mangericão Phone: (+351) 220 100 655 investor.relations@sonaeindustria.com 10

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