Transat A.t. Inc. · TSX:TRZ
Transat A.t — National Bank Group presentation 2011
28 slides from Transat A.t's conference presentation, Mar 24, 2011
Slide 1: Jean-Marc Eustache and Denis Pétrin
JEAN-MARC EUSTACHE PRESIDENT AND CHIEF EXECUTIVE OFFICER DENIS PÉTRIN VICE-PRESIDENT, FINANCE AND ADMINISTRATION AND CHIEF FINANCIAL OFFICER
Slide 2: International tourist arrivals (world), 1995–2020
International tourist arrivals (world), 1995–2020 + 7% - 4% 877 935 Forecast Source: UN World Tourism Organization (UNWTO)
Slide 3: 2010 results
2010 results Revenues Margin
Slide 4: Winter 2010
Winter 2010 Revenues $1.9 B 7.6% Operating loss $4.2 M Canadian travellers 1.1%
Slide 5: Summer 2010
Summer 2010 Revenues 1.6 G $ 7% Margin 131.8 M $ 110%
Slide 6: Outbound from France
Outbound from France 4% 297 5% 285 202 212 2009 2010 2009 2010
Slide 7: 2010 Highlights
transat a ‘. 5 ts hey T e €
Slide 8: Outgoing Tour Operator in Mexico
Outgoing Tour Operator in Mexico Monterrey and area: potential market of 1 million travellers Air partners: – InterJet – Vivaaerobus
Slide 9: Mexico: a promising market
Mexico: a promising market Development of a new source market Natural tourism market to Canada Complements existing Transat operations
Slide 10: Fleet renewal
Fleet renewal 11 Airbus A330 20% than the A310 less fuel per passenger
Slide 11: Air capacity management
Air capacity management Air Transat: 1.5 million travellers Purchase of seats on scheduled carriers Third-party partnerships
Slide 12: European market
European market ae VACANCES Ww transat VOYAGES x transat
Slide 13: The leading incoming tour operator in the country
The leading incoming tour operator in the country 263,000 249,000 237,000 236,000 206,000 Number of travellers
Slide 14: Transat: 4th largest tour operator in France
Transat: 4th largest tour operator in France Improved efficiency and integration Now grouped in Ivry-sur-Seine
Slide 15: Sustainable tourism
for =, sustainable transat tourism
Slide 16: Corporate Responsibility Report
Corporate Responsibility Report
Slide 17: on) a es
on) a es
Slide 18: A more flexible product offering
A more flexible product offering Modernization of information management systems Optimization of processes Product strategy adapted to trends Marketing & distribution
Slide 19: The Transat brand and experience
The Transat brand and experience Differentiation strategy Enhanced customer experience Strengthened brand image
Slide 20: Growth
Growth Diversification of source markets Commercial development in Ontario Vertical integration at destination Hotel operations
Slide 21: Financial Highlights
transat Financial Highligh
Slide 22: Winter (November 1 to April 30)
Winter (November 1 to April 30) Revenues Margins (in millions of dollars) (in millions of dollars) 2,006 30.6 1,853 (4.2) Americas Europe 2009 2010 2009 2010
Slide 23: Summer (May 1 to October 31)
Summer (May 1 to October 31) Revenues Margins (in millions of dollars) (in millions of dollars) 1,645 1,539 131.8 62.7 2009 2010 2009 2010 Americas Europe
Slide 24: Consolidated Results
Consolidated Results (in millions of dollars, except per-share amounts) 2010 2009 REVENUES 3,499.0 3,545.3 MARGIN 127.6 93.4 NET INCOME (NET LOSS) 65.6 61.8 PER SHARE (DILUTED) 1.73 1.85 ADJUSTED AFTER-TAX INCOME 53.7 33.7 PER SHARE (DILUTED) 1.41 1.01
Slide 25: First quarter (November to January 31)
First quarter (November 1 to January 31) (in millions of dollars, except per-share amounts) 2011 2010 REVENUES 810.2 792.6 MARGIN (OPERATING LOSS) (14.6) (12.4) NET LOSS (13.5) (13.9) ADJUSTED AFTER-TAX LOSS (19.4) (18.2) LOSS PER SHARE (DILUTED) (0.36) (0.37)
Slide 26: Second Quarter and Summer 2011
Second Quarter and Summer 2011 Q2 sun capacity 9% higher bookings and load factors ahead prices similar Summer: transatlantic capacity and bookings 10% higher Uncertainty surrounding oil prices
Slide 27: Consolidated Balance Sheet, as at January 31
Consolidated Balance Sheet, as at January 31 (in millions of dollars) 2011 2010 CASH AND CASH EQUIVALENTS 199.0 147.7 DEBT 13.8 106.3 NET CASH 185.2 41.4 TOTAL ASSETS 1,437.8 1,361.6 TOTAL LIABILITIES 1,014.8 1,002.9 SHAREHOLDERS’ EQUITY 423.0 358.6
Slide 28: Jean-Marc Eustache and Denis Pétrin
JEAN-MARC EUSTACHE PRESIDENT AND CHIEF EXECUTIVE OFFICER DENIS PÉTRIN VICE-PRESIDENT, FINANCE AND ADMINISTRATION AND CHIEF FINANCIAL OFFICER