Sonda S.a. · BCS:SONDA
Sonda — 9M11 / 3Q11 Earnings Presentation
12 slides from Sonda's earnings presentation, November 2011
Slide 1: 9M11 – 3Q11 Earnings Release Presentation
9M11 – 3Q11 Este documento ha sido preparado por Celfìn Capital (en adelante el “Agente Estructurador y Colocador”) en conjunto con SONDA S.A. (en adelante “SONDA”, el “Emisor” o la “Compañía”) en base a información pública e información privada entregada por el Emisor con el propósito de entregar a
Slide 2: 9M11-3Q11 Consolidated Results
9M11-3Q11 Consolidated Results (in US$ Millions) 9M10 9M11 Var% 3Q10 3Q11 Var% Revenues 598.0 760.7 27.2% 214.8 264.3 23.0% Cost of Sales -461.9 -598.4 29.5% -164.6 -210.0 27.6% Gross Margin 136.1 162.3 19.3% 50.2 54.2 8.0% EBIT 73.5 89.7 22.1% 27.0 27.9 3.1% Operating Margin 12.3% 11.8% -4.0% 12.6%
Slide 3: Financial Performance (9M11 & 3Q11)
Financial Performance (9M11 & 3Q11) (US$ millions) Revenues EBITDA +27.2% 760.7 +19.0% 119.4 +23.0% 598.0 264.3 100.3 +5.5% 38.3 214.8 36.3 16.8% 15.7% 16.9% 14.5% 2010 2011 3Q10 3Q11 2010 2011 3Q10 3Q11 EBITDA Margin EBIT Net Income -6.3% 89.7 +22.1% 53.2 49.8 73.5 -53.1% +3.1% 27.9 17.8 27.0 8.4 1
Slide 4: 9M11 Regional Summary
9M11 Regional Summary Regional Summary % of change 9M11 9M11 / 9M10 (US$ millions) Revenues EBIT EBITDA EBITDA Mg Revenues EBIT EBITDA CHILE 302.6 53.0 72.0 23.8% 10.4% 22.0% 13.6% BRAZIL 288.3 23.7 29.1 10.1% 26.6% 2.4% 7.3% MEXICO 94.4 11.0 7.2 11.7% 152.1% 141.6% 165.2% OPLA 75.3 7.4 4.8 9.8% 28.
Slide 5: CHILE
CHILE (in US$ Millions) 9M10 9M11 Var% 3Q10 3Q11 Var% Revenues 274.1 302.6 10.4% 94.5 105.1 11.2% EBIT 43.5 53.0 22.0% 15.7 16.5 5.0% Operating Margin 15.9% 17.5% 10.5% 16.6% 15.7% -5.6% EBITDA 63.4 72.0 13.6% 22.5 23.1 2.9% EBITDA Margin 23.1% 23.8% 2.9% 23.8% 22.0% -7.5% New deals for Applications
Slide 6: BRAZIL
BRAZIL Principal mercado de (in US$ Millions) 9M11 9M10 Var% 3Q11 3Q10 Var% la región y Revenues 288.3 227.7 26.6% 96.7 85.3 13.5% un inmenso EBIT 23.7 23.2 2.4% 5.8 9.0 -35.6% potencial Operating Margin 8.2% 10.2% -19.1% 6.0% 10.5% -43.3% EBITDA 29.1 27.1 7.3% 7.7 10.4 -26.1% EBITDA Margin 10.1% 11
Slide 7: MEXICO
MEXICO Segundo mayor mercado de TI (in US$ Millions) 9M10 9M11 Var% 3Q10 3Q11 Var% en Latino- Revenues 37.5 94.4 152.1% 16.4 35.2 115.4% América EBIT 3.6 8.8 141.6% 1.4 3.7 160.2% Operating Margin 9.7% 9.3% -4.2% 8.7% 10.5% 20.8% EBITDA 4.1 11.0 165.2% 1.6 4.5 172.0% EBITDA Margin 11.1% 11.7% 5.2% 1
Slide 8: OPLA
OPLA Ingresos por US$ 78 (in US$ Millions) 9M11 9M10 Var% 3Q11 3Q10 Var% millones en 2008 Revenues 75.3 58.8 28.2% 27.2 18.7 45.4% EBIT 4.2 3.2 31.5% 1.9 0.9 105.2% Operating Margin 5.6% 5.4% 2.6% 7.0% 5.0% 41.1% EBITDA 7.3 5.7 28.8% 3.0 1.8 69.5% EBITDA Margin 9.8% 9.7% 0.5% 11.0% 9.5% 16.6% Applic
Slide 9: New Deals – 9M11
New Deals – 9M11 Growth in new contracts New deals breakdown by region 1038,3 983.5 +55,3% 983.5 8% 8% +9.4% + 53.9% 668.5 31% + 53.9% 611.3 40% +39.1% 639.1 11% 639.1 10% 7% 439.3 31% 6% 62% 31% 48% 44% 54% 33% 61% 36% 8% 15% 7% 2007 9M10 2009 9M11 2010 9M10 9M11 Platforms IT Services Applications
Slide 10: Financial Statements
Financial Statements CONSOLIDATED FINANCIAL STATEMENTS (in US$ millions) Sep-11 Dic-10 Desv. Var.% Assets 1,077.9 992.2 85.7 8.6% Current Assets 474.5 502.9 -28.4 -5.6% Cash and Cash Equivalents 49.6 40.5 9.1 22.6% Financial Investments 10.8 125.6 -114.8 -91.4% Other Current Assets 414.1 336.8 77.3
Slide 11: Positive Outlook for 2011
Positive Outlook for 2011 1 Positive outlook for the IT Services industry in Latin America in 2011 2 Ongoing execution of the US$ 500 million investment plan 3 New acquisitions enabling synergy capture and margin improvement 4 Close relationship with client base increasing cross-selling opportunitie
Slide 12: Tel (56-2) 657 50 00 Fax (56-2) 657 54 10 Teatinos 500,
Tel (56-2) 657 50 00 Fax (56-2) 657 54 10 Teatinos 500, Santiago, CHILE www.SONDA.com