presentación de powerpoint - enaexsep 02, 2019 · 762 692 705 783 804 384 363 2015 2016 20172018...
TRANSCRIPT
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2Q2019
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With 98 years of history in the Chilean market, Enaex S.A. is
THE MAIN AMMONIUM NITRATE PRODUCERand supplier of comprehensive rock fragmentation servicesfor the mining industry in Latin America
Enaex has a global presence, a solid financial position, low debt levels and is controled by Sigdo Koppers Group.
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70 77 79 91 94 99 10585 80 79 80
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 LTM2019
92 111134 152 150 154
181 165 164 166 169
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 LTM2019
312 409575 641 648 646
762 692 705 783 804
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 LTM2019
Sales(MM USD)
EBITDA(MM USD)
Net Profit(MM USD)CAGR
6,2%CAGR
1,4%
CAGR
9,9%
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Source: The Company, CMF.
Board Directors December 2018 Ownership Structure
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201720162015201420122010 2018
Enaex acquires70% of
Cachimayo.
Enaex launch new technological
developments: RoboMinerand Mine-iTruck.
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2018201720162015201420132012
2016
2017
2018
TechnologicalInnovation
in the Mining Industry
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23,7% 23,9% 23,3%21,2% 21,0% 21,0% 21,6%
13,7%12,3% 11,4%
10,1% 10,0% 9,8% 9,9%
2015 2016 2017 2018 LTM 2019 2Q19 2Q18
EBITDA Margin andNet Profit Margin
EBITDA Margin
Net Profit Margin
762 692 705 783 804
384 363
2015 2016 2017 2018 LTM2019
2Q19 2Q18
Sales(Million USD)
10585 80 79 80
38 36
2015 2016 2017 2018 LTM2019
2Q19 2Q18
Net Profit(Million USD)
181 165 164 166 169
81 78
2015 2016 2017 2018 LTM2019
2Q19 2Q18
EBITDA(Million USD)
Source: The Company, CMF.
60%N H 3of Costs
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102
6
8 202
205
1 year 2 years 3 years 4 years 5+ years
Maturity Profile as of June 2019(Million USD)
Working Capital
Other
362 308 282 297 323
2015 2016 2017 2018 2Q19
Financial Debt(Million USD)
32%
68%
Short
Term
Long
Term
Long and 1
1 Short Term 1
1Debt
Source: The Company, CMF.
Financial Debt includes hedging instruments.
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651 602 563 591 607
267245 271
312362
918846 834
903968
2015 2016 2017 2018 LTM 2019
Volume Sales Evolution(Thousand Tons) Chile
Others
285
43 56 8 9 12 - 9
423
301
60 67
12 9 12 19 8
488
Chile Perú Brasil México Argentina Bolivia Australia Others Total
Sales by Country(Thousand Tons)
2Q182Q19
Source: The Company, CMF.
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18,76x
11,44x 11,48x12,95x 13,00x
2015 2016 2017 2018 2Q19
Financial Expense Coverage(Times)
2,01x1,86x
1,71x 1,79x1,91x
2,00x
2015 2016 2017 2018 2Q19
Financial Debt / EBITDA(Times)
Financial Debt/ EBITDA
Covenant
15.360 15.401 14.827 16.291 15.885
8.000
2015 2016 2017 2018 2Q19
Total Equity(Thousand UF)
Total Equity UF
Covenant
0,65x0,51x 0,44x 0,46x 0,49x
1,20x
2015 2016 2017 2018 2Q19
Financial Debt(Times)
Financial Debt / EquityCovenant
Financial Debt includes hedging instruments
Financial Debt includes hedging instruments
Source: The Company, CMF.
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0,98x0,84x 0,81x 0,84x 0,85x
2015 2016 2017 2018 2Q19
Liabilites / Equity(Times)
1,37x1,18x
0,99x1,19x 1,24x
2015 2016 2017 2018 2Q19
Net Financial Debt / EBITDA(Times)
Net Financial Debt includes hedging instruments and Cash
AA (stable)
AA- (stable) (July 2019)
(December 2018)
Source: The Company, CMF.
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2Q2019