Sociedad Matriz Saam S.A. · BCS:SMSAAM
Sociedad Matriz Saam — Q1 2022 Earnings Presentation
19 slides from Sociedad Matriz Saam's earnings presentation, May 2022
Slide 1: Results Presentation 1Q22
Results Presentation 1Q22 May 2022 1
Slide 2: Disclaimer
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Disclaimer This presentation provides general information about Sociedad Matriz SAAM S.A. (“SMSAAM”) and related companies. It consists of summarized information and does not purport to be complete. It is not intended t
Slide 3: Results 1Q22
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Results 1Q22 3
Slide 4: Highlights 1Q22
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Highlights 1Q22 • Sales exceeded US$ 200 million for the quarter (+20%) and EBITDA reached US$ 71 million (+14%). • Risk rating upgraded to AA by Feller Rate and Humphreys. • At the AGM, shareholders approved the larges
Slide 5: Results First Quarter 2022
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Results First Quarter 2022 Consolidated Financial Statement (Ths US$) (1) 1Q22 1Q21 Δ% Δ Revenues 202,196 168,312 20% 33,884 Cost of Sales -136,643 -112,889 -21% -23,754 Administrativ e expenses -25,677 -22,865 -12% -2,
Slide 6: Growth in Revenue and EBITDA
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Growth in Revenue and EBITDA CONSOLIDATED REVENUE (MUS$) CONSOLIDATED EBITDA (MUS$) GEOGRAPHIC DISTRIBUTION OF CONSOLIDATED EBITDA +20% Central America 18% 202 South America 168 39 excl. Chile 42% 30 76 +14% North Ameri
Slide 7: Sound Financial Position
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Sound Financial Position CONSOLIDATED NET FINANCIAL DEBT (MUS$)(1.2) NFD / CONSOLIDATED EBITDA AMORTIZATION PROFILE FOR CONSOLIDATED DEBT(MUS$) (3) 198 189 720 2.0 2.1 1.8 109 1.5 1.3 92 355 365 74 35 Financial Cash Net
Slide 8: Towage Division 1Q22
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Towage Division 1Q22 8
Slide 9: Towage Division
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Towage Division Higher costs partly offset CONSOLIDATED REVENUE(1) by better service mix +18% 87 74 • Rising costs due to inflation and higher TOTAL MANEUVERS(1) fuel prices partially offset by greater +6% average rates
Slide 10: Agreement to purchase Starnav assets in Brazil
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Agreement to purchase Starnav assets in Brazil Description: • Acquisition of Starnav assets modern, flexible, high-capacity fleet: • 17 tugs in operation, all azimuth with average age of 6.9 years and average BP of 74 t
Slide 11: Agreement to purchase Starnav assets in Brazil
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Agreement to purchase Starnav assets in Brazil International Presence The Deal: • The transaction at a glance: • US$150 million for the 17 operational tugs. • US$48 million for 4 tugs under construction. • Novation of f
Slide 12: Greater capacity for Canada and Peru
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Greater capacity for Canada and Peru Purchase of Operations from Standard Towing and Davies Tugboats: • Acquisition of towage operations. • Three tugs (two provide services at Port McNeill and Point Valiant). • With thi
Slide 13: Port Terminals Division 1Q22
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Port Terminals Division 1Q22 13
Slide 14: Port Terminals
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Port Terminals: EQUITY-METHOD REVENUE(2) +15% CONSOLIDATED REVENUE (1) Decreased throughput 93 +18% offset by better service mix 81 65 76 1Q21 1Q22 1Q21 1Q22 • Increases in warehousing services due to longer dwell time
Slide 15: Logistics Division 1Q22
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Logistics Division 1Q22 15
Slide 16: Logistics Division
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions Logistics Division: Growth in results and CONSOLIDATED REVENUE (MUS$)(1)(2) CONSOLIDATED EBITDA (MUS$)(1)(2) volumes +30% Aerosan: 39 +57% • +5% volume due to more dynamic air 30 15 imports and exports. 9 38% 31% Logíst
Slide 17: 2022 Outlook
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions 2022 Outlook 17
Slide 18: 2022 Outlook
Results 1Q22 Aggregate Results 1Q22 Division Results 1Q22 2022 Outlook Questions 2022 Outlook • Less than expected dynamism for foreign trade in 2nd half of year. • Global logistics chain remains congested as a result of pandemic and war in Ukraine. • Greater pressure on costs due to inflation and h
Slide 19: Questions
Questions me) oe —. 27 S3am. | ANOS DE EXCELENCIA DESDE 1961