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1Q14 RESULTS: BREAKING RECORDS

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1Q14RESULTS: BREAKING RECORDS

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A quarter of record-breaking reaffirming the successful strategy of Kepler Weber

o Net Revenues: growth of 45.0% to R $ 173.3 million, reflecting the excellent time in the agribusiness market and the successful diversification of the Company's strategy.

o Gross Profit: R$43.3 million, growth of 63.4% due primarily to productivity gains and increased volumes.

o Net Profit: Historical growth for 1Q14 176.4% to R$ 23.8 million, resulting from improved operating results.

o EBITDA: R$ 34.8 million, an increase of 125.4% and a margin of 20.1%, maintaining margins with best-in-class to world levels in agribusiness.

o Cash generation: reached R$ 37.7 million, a significant increase compared to the same period last year (R$ 6 million in 1Q13).

o Net debt: at the end of the 1Q14 was negative R$ 20.8 million, a decrease of R$ 18.6 million compared to the end of 2013.

Excellent results that confirm our strategyExcellent results that confirm our strategy

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Net revenues boosted by favorable domestic market conditions and portfolio renewal strategy

NET REVENUES – R$ ThousandNET REVENUES – R$ Thousand

+45.0%

Parts and Services +43.2%

119,521

5,705 (5%)11,900 (10%)

4,377 (4%)

97,539(82%)

16,892 (10%)

20,227 (12%)8,172 (5%)

173,270

1Q14

Storage +31.2%

Bulk Handling +285.9%Exports +70.0%

1Q13

127,979(81%)

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Production –Tons. Output –Tons.

Production and output increase boosted by strong growth in demand

Backlog – R$ Thousand

+1,819(+13%)

1Q141Q13

15,51913,700

19,72916,400

+3,329(+20%)

1Q13 1T141Q14

192,500

MAR/14

+196,180(+102%)

388,680

MAR/13

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GROSS PROFIT (R$ Thousand) GROSS MARGIN (%)

CONTRIBUTION MARGINNet Revenue (-) Variable Costs

Strong growth in gross profit

Gross profit increase boosted by gains in operational efficiencyGross profit increase boosted by gains in operational efficiency

+16,800(+63%)

1Q14

43,303

25%

1Q13

26,503

22%

1Q14

1.7 p.p.

39.5%

1Q13

37.8%

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EBITDA grew by 125%, reaching a 20% margin, with margins remaining best-in-class to world levels in agribusiness

EBITDA grew by 125%, reaching a 20% margin, with margins remaining best-in-class to world levels in agribusiness

+19,345(+125%)

1Q14

34,772

20%

1Q13

15,42713%

EBITDA (R$ Thousand)EBITDA MARGIN (%)

Net Result (BRL thousand) 1Q14 1Q13 Var (%)Profit of the Period 23.774 8.600 176,4%(+) Income Tax and Social Contribution Provision - Current and Deferred 6.596 2.077 217,6%(-) Financial Revenue (7.454) (2.868) 159,9%(+) Financial Expenses 7.807 4.601 69,7%(+) Depreciation and Amortization 4.049 3.017 34,2%EBITDA 34.772 15.427 125,4%

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NET PROFIT IN THE PERIOD (R$ Thousand)% OF NET INCOME

Investments in production and portfolio diversification more than doubled the company’s net profit

1Q14

+15,174(+176%)

23,774

13.7%

1Q13

8,600

7.2%

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Priorities to sustain growth in 2014

CAPEX increase from R$ 28.1 million in 2013 to R$ 65 million. • R$ 15 million to be allocated to increase the size of the silo factory and make it the most profitable plant

in the world

Productivity gains• R$ 30 million will be used to increase productivity and reduce break-even with higher mechanization and

process simplification

Evolution of our business model:• After-sales services• Innovation• Reduction of raw material costs• Increase in sales teams outside South America

Consolidate presence in the bulk handling market• In line with Kepler Weber’s strategy to expand portfolio to new segments

Kepler Weber is well positioned to continue growing in 2014Kepler Weber is well positioned to continue growing in 2014

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Appendix

OWNERSHIP BREAKDOWN | STAKEHOLDERS

Banco ClássicoSul America Expertise FIA

5,21%

Banco do Brasil Investimentos17,54%

9,99%Fernando Francisco Brochado Heller

12,11%

Previ

17,56%

37,59%Other Minority

Ownership Breakdown

03/31/2014

Ownership Breakdown

03/31/2014

Olivier Michel Colas Felipe Fontes Vice-President Executive Officer IR Analyst

Tel.: +55 (11) 4873-0302E-mail: [email protected]

Website: www.kepler.com.br/ri

Investor Relations