Sociedad Matriz Saam S.A. · BCS:SMSAAM
Sociedad Matriz Saam — FY2020 Earnings Presentation
23 slides from Sociedad Matriz Saam's earnings presentation, March 2021
Slide 1: Results Presentation 2020
Results Presentation 2020 March 2021 1
Slide 2: Aggregate Results 4Q and 2020
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Aggregate Results 4Q and 2020 2
Slide 3: Solid Performance and Growth Despite Pandemic
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Solid Performance and Growth Despite Pandemic Consolidated Sales (MUS$) Consolidated EBITDA -6% EBITDA 1% margin -3% 212 213 -4% 621 584 57 56 37% 164 158 34% 35% 35% 4Q2019 4Q2020 2019 20
Slide 4: Sound Financial Position
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Sound Financial Position Rating: AA- with Stable Outlook Equity-Method Net Financial Net Financial Debt Debt (December 2020, MUS$)(1) (December 2020, MUS$)(2) 699 823 318 382 324 500 Fin
Slide 5: SAAM's Response to Pandemic
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions SAAM’S RESPONSE TO PANDEMIC Focus on employee health, safety Safely continuing operations Financial resilience with a and wellbeing robust capital structure • Communication and self-care •
Slide 6: Towage Division
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Towage Division 6
Slide 7: Intertug, a platform for new markets (Jan 2021)
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Intertug, a platform for new markets (Jan 2021) Intertug at a Glance International Presence • 25 years’ experience • Harbour towage, offshore and special services (1) • Operations at 8 por
Slide 8: Towage Division: Sound Performance and Leadership in the Americas
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Maneuvers Consolidated (thousands) Revenue (1) -4% Towage Division: Sound Performance and -2% 288 277 Leadership in the Americas -1% -3% 111 107 73 71 • Successful integration of 28 28 ope
Slide 9: Port Terminals Division
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Port Terminals Division 9
Slide 10: Port Terminals: Recovering volumes in 4Q
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Port Terminals: Recovering volumes in 4Q Chile and Foreign TEU (thousands) Subsidiaries and Terminals (1) associates (1) 2019 2020 2019 2020 3.412 -12% 3.001 3.412 -12% 3.001 1,486 -8% 1,3
Slide 11: Port Terminals: Operational Continuity
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Equity-method Consolidated Revenue (2) Revenue (1) -9% Port Terminals: -11% Operational Continuity 274 329 250 293 -3% -4% • Completion of TPG modernization plan • New STI investment plan
Slide 12: Logistics Division
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Logistics Division 12
Slide 13: Close of Aerosan Acquisition (October 2020)
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Close of Aerosan Acquisition (October 2020 Figures 2020) • Cargo and ground handling and passenger services Cargo Handling Ground Handling Revenue since 1980 302,000 tons 5,031 flights MUS
Slide 14: Logistics Division: Efficiencies to address crisis
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Equity-method Consolidated Logistics Division: Revenue (3) -15% Revenue (1) -6% Efficiencies to address crisis -10% -8% Logística Chile: 109 92 62 58 o 13% drop in volumes at bonded 25 23
Slide 15: Strategic Achievements
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Strategic Achievements 15
Slide 16: Operational Excellence
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Operational Excellence: Equity-Method EBITDA Margin • Continue implementing operational efficiency 31% 34% 29% project > Project UNO 25% • Change corporate and organizational structure > f
Slide 17: Growth and Diversification
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Consolidated EBITDA (MUS$) Growth and Diversification 36% Mg EBITDA 32% • Deployed organic and inorganic capital with persistent 27% 25% 213 growth in EBITDA 117 146 177 • M&A • 2017: Puer
Slide 18: Sustainability at the Core of our Management; Shareholder Returns
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Sustainability at the Core of our Management Frequency Index • Significant drop in accident rates -42% 11.8 11.2 • Implemented Comprehensive Ethical 9.6 6.8 Management and Compliance Syste
Slide 19: 2021 Outlook
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions 2021 Outlook 19
Slide 20: 2021 Outlook
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions 2021 Outlook • Volumes in line with 2020 Proposed dividend Ch$ 3 / share (MUS$ 40) • Integrate Intertug operations COVID-19 situation, vaccination process • New contracts and projects
Slide 21: Strategic Outlook
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Strategic Outlook Growth • Participate in consolidation process in towage and airport services industries • Extend duration of port terminals portfolio and select growth opportunities Effi
Slide 22: Disclaimer
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook 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
Slide 23: Questions
Aggregate Division Strategic Strategic 2020 Results Results Results Achievements 2021 Outlook Outlook Questions Questions 23