fact sheet 1q14
TRANSCRIPT
FACT SHEET
Investor Relations
Mills Investor Relations
35%Nacht Family
Incluing Snow Petrel
16%Brazilian
Institutional
Investors
44%Foreign Institutional
Investors
5%Individual Investors
Company Profile Mills Estruturas e Serviços de Engenharia S.A. (Mills) is one of the largest specialty engineering services companies in Brazil.
With 60 years of experience and more than 50 branches. Mills offers innovative engineering solutions for its clients.
Mills follows the highest standards of corporate governance and for three years has been listed under ticker MILS3 in the Novo
Mercado segment of BM&FBOVESPA.
Growth Perspectives
The growth opportunity scenario for the next years is very positive for all of the Company’s segments. Mills is exposed to the
investments in the infrastructure sector. including the government’s package of logistics concessions. the 2014 World Cup and
the 2016 Olympic Games. besides the investments in the oil and gas industry and real estate.
Operational Excellence Ownership Structure (%) 31.03.2014
Heavy Construction Mills is the market leader with an excellent
track-record of performance. It is focused
on large and complex infrastructure
projects, providing engineering solutions
and equipment rental: formwork and
shoring.
Real Estate Mills is the market leader with the brand
name Mills Edificações. It is focused on
residential and commercial construction,
providing engineering solutions and
equipment sales and rental: formwork,
scaffolding and shoring.
Rental Mills is the market leader with the brand
name Mills Rental. Its focus is on the
rental and sale of aerial work platforms
and telescopic handlers, to lift people or
cargo to considerable heights, either in
the construction, retail or industrial
sectors.
Mills Investor Relations
Alessandra Gadelha – IR Officer Luiza Martins Carolina Gonçalves
T 55 21 2123 3700 [email protected] mills.com.br
Geographical Location
Key Financial Indicators¹
¹ Key financials of the pro forma results. including the Industrial Services business unit. In July 2013. Mills entered into agreement to sell the Industrial Services business unit for R$ 102 million and the operation was concluded in November 2013. ² Includes acquisition. It does not include data from the Industrial Services business unit as of 4Q13.
6 6 6 8 8
14 15 16 17 17
14 16 17
26 26 34 37 39
51 51
2010 2011 2012 2013 1T14LTM
Branches per business unit As of end of period
Heavy Construction Real Estate Rental
90,3
157,6 194,5
238,1
358,5
430,7 435,2
70,4
136,8 168,4 217,4
339,0
403,1 420,8
2008 2009 2010 2011 2012 2013 1Q14LTM
EBITDA in R$ million
Dados históricos Reclassificado, excluindo Serviços Industriais
25,6 27%
23,5 23%
58,4 50%
Heavy Construction
Real Estate
Rental
299,4 404,2
549,9
677,6
879,3
1.040,6 1.008,5
164,1 262,8
354,5 462,8
665,5
832,3 851,7
2008 2009 2010 2011 2012 2013 1Q14LTM
Net revenues in R$ million
Historical data Reclassified, excluding the industrial services business unit
51,0 21%
59,5 25%
97,3 20%
Heavy Construction
Real Estate
Rental
in R$ million 1Q12 4Q13 1Q14 2009 2010 2011 2012 2013 1Q14LTM
Net Revenue 199,1 249.9 207,8 404.2 549.9 677.6 879.3 1,040.6 1.008,5
EBITDA 86,2 111.9 106,5 157.6 194.5 238.1 358.5 430.7 435,2
EBITDA Margin (%) 43,3% 44.8% 51,2% 39.0% 35.4% 35.1% 40.8% 41.4% 43,2%
Net Earnings 32,7 45.6 33,9 68.4 103.3 92.2 151.5 172.6 167,2
ROIC (%) 15,1% 13.4% 11,5% 25.0% 21.0% 12.3% 14.7% 14.1% 13,9%
Capex² 58,4 93.9 111,0 76.3 348.5 525.9 297.6 499.3 476,9
Branches locations As of March 31, 2014
EBITDA 1Q14 per business unit
Net Revenues 1Q14 per business unit