Sociedad Matriz Saam S.A. · BCS:SMSAAM
Sociedad Matriz Saam — Q1 2021 Earnings Presentation
19 slides from Sociedad Matriz Saam's earnings presentation, May 2021
Slide 1: Results Presentation 1Q2021
Results Presentation 1Q2021 May 2021 1
Slide 2: Disclaimer
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Disclaimer Aggregate This presentation provides general information about Sociedad Matriz SAAM S.A. (“SMSAAM”) and related companies. It consists of Results summarized information and does not purport to be complete. It is not
Slide 3: Aggregate Results
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Aggregate Results SMSAAM 1Q2021 3
Slide 4: Recovering volumes
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Recovering volumes Consolidated Sales (MUS$) Consolidated EBITDA (MUS$) -2% EBITDA margin 172 168 4% 147 Equity-method EBITDA 1Q2021 (3) 62 59 53 35% 37% 36% South Chile 1Q2020 1Q2020 Proforma (1) 1Q2021 1Q2020 1Q2020 Proforma
Slide 5: Sound Financial Position
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Sound Financial Position Rating: AA- → with Stable Outlook Net Financial Debt Equity method Net Financial Debt (March 2021, MUS$)(1) (March 2021, MUS$)(2) 746 850 463 565 283 285 Deuda Financiera Caja DFN Deuda Financiera VP Ca
Slide 6: Towage Division
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Towage Division 6
Slide 7: Largest Towage Operator in the Americas
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Largest Towage Operator in the Americas • Sound position for global consolidation process in towage industry • Single operating model Operating at Activities in • Broad commercial footprint • Economies of scale +70 13 PORTS COU
Slide 8: Our Operations
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Our Operations Harbor Towage Services for Oil & Gas Terminals • Vessel berthing and deberthing • Maritime and offshore services in port for oil & gas terminals • +37,000 vessels serviced each • Customers: Oil&gas industry year
Slide 9: Strategic Achievements
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Strategic Achievements Consolidated Revenue (MUS$) (2) Operational Excellence 277 279 • Tripanko Project 182 189 207 • Fleet optimization • Centralized of support areas and standardize process and systems 2017 2018 2019 2020 LT
Slide 10: Towage Division 1Q21
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Towage Division 1Q21 Tug moves Revenue (MUS$) (1) Intertug Acquisition • Intertug consolidated as of -9% February 2021 0% 81 • Beginning to integrate Intertug 74 operations into SAAM's 30,680 30,614 71 operating model 26,451 •
Slide 11: Port Terminals Division
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Port Terminals Division 11
Slide 12: Recovering Volumes
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Recovering Volumes Chilean and Foreign Subsidiaries and Associates Terminals (1) TEU (thousands) (1) Total Total Total Total 1Q2020 1Q2021 1Q2020 1Q2021 762 12% 856 762 12% 856 344 8% 364 399 8% 430 362 18% 426 417 18% 492 25%
Slide 13: Market Trends: Recovering volumes
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Market Trends (1) Recovering volumes Container transfer, 5th Region, Chile 5th Region (TEU) 300,000 • Recovering demand and less uncertainty regarding the regional economic 250,000 situation. 200,000 150,000 • Recovery during l
Slide 14: Port Terminals
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Consolidated Revenue (MUS$)(1) Port Terminals: Equity-method Revenue (MUS$)(2) 6% -1% Positive effect of 81 restocking process 76 65 65 • Lower revenue per container due to different service mix • Volumes at foreign ports +8% d
Slide 15: Logistics Division
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Logistics Division 15
Slide 16: Logistics Division: Recovering Volumes
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Logistics Division: Equity-method Revenue (MUS$)(2) 13% Consolidated Revenue (MUS$)(1) Recovering Volumes 13% 36 Aerosan: 32 30 25 27 • Began consolidating in November 2020 • +34% volume due to recovering 12 import volumes in C
Slide 17: 2021 Outlook
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions 2021 Outlook 17
Slide 18: 2021 Outlook
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions 2021 Outlook • Integrate Intertug operations • Launch operations in Peru and El Salvador • Volumes in line with 2020 • Search for opportunities to enter new markets • Operational continuity in Chile • Recovering volumes at Chil
Slide 19: Questions
Results 1Q2021 Aggregate Results Division Results 2021 Outlook Questions Questions 19