Grupo Tmm Sab Class A · BMV:TMM/A

Grupo Tmm Sab Class A — Q1 2010 Earnings Presentation

19 slides from Grupo Tmm Sab Class A's earnings presentation, May 4, 2010

  1. Slide 1: Balance Sheet

    Grupo TMM, S.A.B. and subsidiaries Balance Sheet* - millions of dollars – March 31, December 31, 2010 2009 Current assets: Cash and cash equivalents 87.953 84.244 Accounts receivable Accounts receivable - Net 61.468 47.553 Other accounts receivable 37.473 31.885 Prepaid expenses and others current a

  2. Slide 2: Statement of Income

    Grupo TMM, S.A.B. and subsidiaries Statement of Income* - millions of dollars - Three months ended March 31, 2010 2009 Ports and Terminals 6.163 4.386 Maritime 50.712 54.450 Logistics 24.394 21.245 Eliminations (0.119) (0.116) Revenue from freight and services 81.150 79.965 Ports and Terminals (3.76

  3. Slide 3: Statement of Cash Flows

    Grupo TMM, S.A.B. and subsidiaries Statement of Cash Flows* - millions of dollars – Three months ended March 31, 2010 2009 Cash flow from operation activities: Net (loss) Income before discontinuing operations (41.128) 4.835 Charges (credits) to income not affecting resources: Depreciation & amortiz

  4. Slide 4: First-Quarter 2010 Financial and Operational Review

    First-Quarter 2010 Financial and Operational Review May 3, 2010

  5. Slide 5: Forward-Looking Statements

    Forward-Looking Statements Included in this presentation are certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements speak only as of the date t

  6. Slide 6: On Today's Call...

    On Today’s Call...  Jose Serrano, Chairman and CEO  Jacinto Marina, Deputy CEO  Carlos Aguilar, Administrative and Finance  Luis Ocejo, Maritime  Roberto Martinez, Ports and Terminals 3

  7. Slide 7: Consolidated Financial Results

    Consolidated Financial Results Revenue* Operating Profit* $100 $15.0 1.4% 101.9% $80 $10.0 $60 $40 $80.0 $81.1 $10.5 $5.0 $20 $5.2 $0 $0.0 1Q 09 1Q 10 1Q 09 1Q 10 Operating Margin 6.4 percentage points 15% 10% 12.9% 5% 6.5% 0% 1Q 09 1Q 10 *All numbers in US$ Millions 4

  8. Slide 8: Consolidated Financial Results: EBITDA

    Consolidated Financial Results EBITDA* $30 49.4% $25 $20 $15 $23.0 $10 $15.4 $5 $0 1Q 09 1Q 10 *All numbers in US$ Millions 5

  9. Slide 9: Total Debt

    Total Debt* As of As of December 31, 2009* March 31, 2010* Mexican Trust Certificates** $679.3 $725.9 Securitization Facility 19.9 17.7 Other Corporate Debt 85.2 82.4 Total Debt $784.4 $826.0  MTCs impacted by appreciation of the peso vs. dollar in 1Q10  Of TMM’s total debt, only 3.7%, or $30.2M,

  10. Slide 10: TMM's Maritime Fleet

    TMM’s Maritime Fleet Offshore Vessels – Sound of Campeche Fleet: 32 31 owned & 1 time-charter Product Tankers - Pacific Coast & Gulf of Mexico Fleet: 6 5 owned & 1 time-charter Harbor Towage - Manzanillo Fleet: 5 All owned Chemical Tankers - Gulf of Mexico inter-coastal services Fleet: 4 2 owned & 2

  11. Slide 11: Successful Business Strategy

    Successful Business Strategy  Continue to add medium and long-term contracts  Ability to generate sizable contracted revenue stream  Successful execution of charter strategy  Contract backlog of $318.9 million *All numbers in US$ Millions 8

  12. Slide 12: Maritime Results

    Maritime Results Revenue* $80 $60 -6.8% $40 $54.4 $50.7 $20 $0 1Q 09 1Q 10 Operating Profit* $15 17.1% $10 $13.0 $5 $11.1 $0 1Q 09 1Q 10 *All numbers in US$ Millions 9

  13. Slide 13: Maritime Results

    Maritime Results Operating Margin 5.2 percentage 30% points 25% 20% 15% 25.6% 10% 20.4% 5% 0% 1Q 09 1Q 10 EBITDA Margin 9.6 percentage 50% points 40% 30% 20% 45.8% 36.2% 10% 0% 1Q 09 1Q 10 *All numbers in US$ Millions 10

  14. Slide 14: Maritime

    Maritime Revenue Harbor Chemical Towage Tankers $7.7 $9.3 Product Tankers Offshore Vessels $31.1  Offshore • More vessels in operation and higher average daily rates • 1 new process vessel started 5-year contract  Chemical tankers • Higher tariffs per ton  Harbor towage • Increased vessel call at

  15. Slide 15: Offshore and Product Tanker Fleet Data Snapshot

    Offshore and Product Tanker Fleet Data Snapshot Offshore Fleet Data Snapshot * 1Q09 1Q10 Revenue Available Days 2,339 2,479 Average Vessels 29 31 Utilization 89.2% 88.0% Product Tanker Fleet Data Snapshot* 1Q09 1Q10 Revenue Available Days 842 414 Average Vessels 9 5 Utilization 100% 91.9% 1Q10 offhi

  16. Slide 16: Ports and Terminals

    Ports and Terminals $8 Revenue* $3 Operating Profit* 40.9% 300% $6 $2 $4 $6.2 $1 $2.0 $2 $4.4 $0.5 $0 $0 1Q 09 1Q 10 1Q 09 1Q 10 Operating Margin 40% 20.9 percentage points 30% 20% 32.3% 10% 11.4% 0% 1Q 09 1Q 10 *All numbers in US$ Millions 13

  17. Slide 17: Ports and Terminals

    Ports and Terminals  Improved volumes at cruise ship, auto handling and shipping agencies  Maintenance and Repair: Increased container volumes at Veracruz, Manzanillo and new facility at Mexico City Cruise Ship Calls Automobiles Handled 60 53% 12,000 50 10,000 245% 40 8,000 30 55 6,000 11,337 20 3

  18. Slide 18: Logistics

    Logistics  1Q10 revenues up 15.1%  Peso appreciation benefitted revenues but impacted costs  Revenue increases at: • Warehousing  1Q10 EBITDA reached • Auto hauling break even 15

  19. Slide 19: First-Quarter 2010 Financial and Operational Review

    First-Quarter 2010 Financial and Operational Review May 3, 2010

Grupo TMM SAB — Q1 2010 Earnings Presentation on 6ix