3q13 - webcast

7/27/2019 3Q13 - Webcast

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Apresentação Usiminas

2T11 - APIMEC

3Q13 ResultsWebcast

7/27/2019 3Q13 - Webcast


441

538

2Q13 3Q13

1,572 1,565

2Q13 3Q13

3Q13 ResultsConsolidated highlights

Steel Sales– thousand tons

-0.4%

2

Iron Ore Sales – thousand tons

Adjusted EBITDA – R$ million

1,366

1,830

2Q13 3Q13

+22%

+34%

-22

115

2Q13 3Q13

+137

Net profit – R$ million

7/27/2019 3Q13 - Webcast


Sales VolumeSteel Business - Thousand tons

3

The operational stability, integration with customers and better product mix take Usiminasto a new level of steel sales in the domestic market - the highest volume in 5 years

1,230

1,343

1,162 1,136 1,246

1,327

1,262 1,209 1,226

1,428 1,453

358 240

243 204

266

561 487522 365

144 112

1,588 1,583

1,4061,340

1,512

1,888

1,749 1,731

1,591 1,572 1,565

1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13

Domestic market Exports Total

7/27/2019 3Q13 - Webcast


117

189

83 74 100

201

57 20

178

289

376

4%

7%

3% 3%4%

7%

2%

1%

7%

10%

13%

1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13

Adjusted EBITDA Adjusted EBITDA Margin

Adjusted EBITDA/ Adjusted EBITDA MarginSteel Business - R$ Million

4

The highest EBITDA and EBITDA margin in the Steel Business in the last 3 years

7/27/2019 3Q13 - Webcast


Sales volumeMining Business – Thousand tons

5

The Mining sales volume presented a strong growthdue to the increase in the domestic sales - Historical record

1,2511,072

771

1,2371,133

994 1,043

322

60

47

1748

206

787

156

365

324

493

165 166

1,729

1,497

1,142

1,747

1,346 1,366

1,830

1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13

Sales to Usiminas Sales to 3rd parties - DM Exports Total

+34%

7/27/2019 3Q13 - Webcast


139

180

156 129111 100

56

173

144119

139

65% 68%

61%

54%

46% 47%

36%

59% 58%53%

49%

1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13


Adjusted EBITDA / Adjusted EBITDA MarginMining Business - R$ Million

6

The Mining EBITDA margin remained at a high leveleven with the higher sales volume in the domestic market

7/27/2019 3Q13 - Webcast


337365 343

218190

232

150

226

313

441

538

11%

12%

12%

8%

7% 7%

4%

7%

10%

14%

17%

0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

110

210

310

410

510

610

1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13


Adjusted EBITDA/ Adjusted EBITDA MarginConsolidated - R$ Million

7

The highest EBITDA and EBITDA margin in the last 3 years

+22%

7/27/2019 3Q13 - Webcast


Gross Profit, EBIT and Net Income

8

Consolidated - R$ Million

In the 3Q13, the net profit reached R$115 million

376

455

142

226

-22

115

2Q13 3Q13

Gross Profit

EBIT

Net Income

+R$84 Mi

+R$137 Mi

+R$79 Mi

7/27/2019 3Q13 - Webcast


4.8

2.6 2.7

2.2

2.8

Dec/11 Dec/12 Mar/13 Jun/13 Sep/13

Working Capital

9

Consolidated - R$ Billion

Average2.6

7/27/2019 3Q13 - Webcast


45

142 172

359

112

104 56

272

175

261435

673

1Q13 2Q13 3Q13 9M13

Capital Goods

Steel Processing

Mining

Steel

Capex

10

Consolidated - R$ Million

Strict CAPEX control

Total

7/27/2019 3Q13 - Webcast


Net DebtConsolidated - R$ Million

11

The strong financial position allowed a better cashmanagement through voluntary debt prepayment

3,410

3,611

3,280

3,509

4.44.0

2.9

2.3

4Q12 1Q13 2Q13 3Q13

Net debt Net debt / Adjusted EBITDA (x)

7/27/2019 3Q13 - Webcast


www.usiminas.com/ri

ADR

Level I

Declarations relative to business perspectives of the Company, operating and

financial results and projections, and references to the growth of the

Company, constitute mere forecasts and were based on Management’s

expectations in relation to future performance. These expectations are highly

dependent on market behavior, on Brazil’s economic situation, on the

industry and on international markets, and are therefore subject to change.

Cristina Morgan C. DrumondHead of IR

[email protected]

Phone: 55-31-3499.8772

Fax: 55-31-3499.9357

Renata Moura [email protected]

Phone: 55-31-3499.8619

Leonardo Karam [email protected]

Phone: 55-31-3499.8550

Diogo Dias Gonç[email protected]

Phone: 55-31-3499.8710

3q13 - webcast

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