TGI Results Presentation
4Q21 and 12M21
March 9, 2021
Disclaimer
This presentation contains statements that are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are only predictions and are not guarantees of future performance. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements include, among other things, statements concerning the potential exposure of TGI, its consolidated subsidiaries and related companies to market risks and statements expressing management' expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "objectives", "outlook", "probably", "project", "will", "seek", "target", "risks", "goals", "should" and similar terms and phrases. Forward- looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Although TGI believes that the expectations and assumptions reflected in such forward-looking statements are reasonable based on information currently available to TGI's management, such expectations and assumptions are necessarily speculative and subject to substantial uncertainty, and as a result, TGI cannot guarantee future results or events. TGI does not undertake any obligation to update any forward-looking statement or other information to reflect events or circumstances occurring after the date of this presentation or to reflect the occurrence of unanticipated events.
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Relevant Facts
Financial, Commercial and Operational Performance
Outlook 2022
Questions and Answers
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TGI closes 2021 with a Net Profit of USD100mm, 28% above initial projection
Revenue | EBITDA | Cash | Gross leverage |
Performed | 301 mm | 141 mm | 3,8x |
385 mm |
Revenues | EBITDA | Cash | Gross leverage | |
Forecast | ~370 mm | 270-280 mm | ~90 mm | 4,1x |
Focus on margin protection and robust transformation process ensures long-term business
sustainability
Efficiency + Opex
Savings
20 mm
Opex efficiency target for 2021
>18 mm
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Transformation Process ensures better financial results and a
leading role in the energy transition
Efficiency
USD +20 mm | +80 initiatives | + USD 4 mm |
Opex efficiencies | of Efficiency and | Claims recovery |
USD 11 mm recurrent | Optimization through Lean | |
Expansion | ||
USD +13,6 mm | + 12,6 MPCD* | 4 alliances |
Parking and bypasses | 5 gas projects in industry | and strategic |
+650 dedicated NGV vehicles | agendas in | |
Midstream |
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