BTG Pactual& CelfinSouthern Cone Andean Conference Santiago, June 5 and 6, 2013

Size: px
Start display at page:

Download "BTG Pactual& CelfinSouthern Cone Andean Conference 2013. Santiago, June 5 and 6, 2013"

Transcription

1 BTG Pactual& CelfinSouthern Cone Andean Conference 2013 Santiago, June 5 and 6, 2013

2

3 COMPANY STRUCTURE Affiliates that consolidate 60% 68% 50% 100% Besalco Construcciones Besalco MD Montajes Kipreos Hospital Puerto Montt 100% 50% 100% Besalco Maquinarias Besalco Cerro Alto 100% Besalco Inmobiliaria Constructora Besalco 100% Besalco Concesiones Civic Center (100%) 100% BS Energías Renovables El Melado (100%) 100% Besalco (Colombia) Besco (Peru) 93% Portezuelo (100%) Consor. that do not consolidate Besalco Arrigoni (67%) Talca Hospital (33.3%) Besalco Comsa (33.3%) Chamisero (70%) La Ballena (50%) Concesionaria BAS (33.3%) Convento Viejo (33.3%) Norvial (16,9%) Parque Central (50%) Civil Works Machinery Services Investment Projects Real Estate International 3

4 FINANCIAL POSITION March 2013 Ordinary Income Mar.13: $82,752 mill. Controlling Interest s Profits Mar.13: $4,327 mill. 16% 22% Increase in real estate sales (63%) and industrial constructions (26%) Reduced incomes in B. Construcciones (41%) obtaining better margins. Increased profit margin in 2012 and the first quarter of

5 FINANCIAL POSITION March 2013 Ebitda by Areas Evolution of Ebitda Mar.13: $13,295 mill. 14% Civil Works highest contribution in sales, and Machinery highest contribution in cash generation. 1st Quarter 2013, amount of Ebitda remains the same, and margin increases. Significant increase in Montajes and Besco s margins. 5

6 FINANCIAL POSITION March 2013 Ebitda Margin by Affiliates Increase from 13% (1st Quarter 12) to 16% (1st Quarter 13) Margin recovery of Besalco Cerro Alto and Machinery maintenance Recovery of Besalco Construcciones margins 6

7 INDEBTEDNESS Net Financial / Ebitda Debt Total and Financial Leverage Total Leverage Financial Leverage Net financial debt variation: $135,307 mill (mar.12) to $140,622 mill. (mar.13) New debt flow from investments (hydro-electrical equipment and project) Maintenance of solvency indicators compatible with A- rating by Feller Rates and Fitch Ratings 7

8 INDEBTEDNESS Financial Debt Mar.13: $140,623 mill. Cerro Alto Leasing 15% Real Estate Project Banks 14% Machinery Leasing 14% Other leasing 2% Short Term Banks 11% Long Term Banks 5% L. Term Concession Projects 13% Debt breakdown: 69% LT structured debt 20% LT short portion debt 11% ST debt Debt integration from: Los Hierros I Energy Project Plaza Sucre Concession Holder New Equipment L. Term Energy Projects 25% Project Finance type indebtedness policy based on flows, currency, term, and guarantees of each project. 8

9 BACKLOG BALANCE OF WORKS TO BE EXECUTED Evolution of Backlog Mar.13: USD 1,109 mill Re Distribution of Backlog mar-13 Obras civiles B. Maquinarias B.Cerro Alto Energy 9% Health 5% MOP Direct 4% Inmobiliaria Internacional Forest 17% MOP Concessions 12% Works to be executed: 79 contracts Duration: 25 months US$ 630 mill. to be executed over 2013 Transport 5% Housing 4% Civil Works 11% Copper Mining 11% Iron Mining 17% Other Mining 5% 9

10 EVOLUTION OF CONSTRUCTION INVESTMENTS US$ Millions Private Private Public Housing Public Infrastructure Source: Chilean Chamber of Construction Infrastructure and Housing Investment 2013 is expected to increase in 7.3% -record figure of US$33,000 millions 8.8% growth in infrastructure investment in 2013, in MOP, Metro, industries, mining, 10

11 MONTHLY CONSTRUCTION SECTOR ACTIVITY Construction Index (IMACON) is detached from country growth since 2011 Strong general contractor activity (earthmoving, public works, civil works and construction) in 2012 and st quarter 11

12 CHILE PERU INVESTMENT, 2013 to 2017 Investment in Chile, US$ 101 billions Investment in Perú, US$ 88 billions Source: Corporación Chilena de Bienes de Capital, may 13 Updated surveyed projects amount to US$ 189 billions in Chile and Peru to be developed in the short term They have an associated work construction expenditure between 50% and 70% of investment 12

13 CIVIL WORKS Incomes in Besalco s Civil Works Strong increase of incomes in Civil Works; Besalco Construcciones, Industrial Construction and electric transmission works of Kipreos 2012 incomes in US$ 460 millions with a 34% annual growth Backlog increases to US$ 537 mill to March 13 Projects under evaluation and offer process High activity of evaluation proposals Works of Subway, Truck Shop, MOP road, concessions and submarine civil works Subway Lines 3 and 6 Truck Shop for Large Copper Mining Road of Ministry of Public Works Just in June US$2,600 millions would be submitted in consortium 13

14 REAL ESTATE PROJECTS new developments Tipo de vivienda N proyectos N Unidades Total Ventas potencial MUF Promesas MUF mar.13 Escrituras MUF mar.13 Casas Edificio Panorama - Viña del Mar 192 apartments UF 581 thousand Total Sales Departamentos (*) Purchase agreements include registration 7 Lands for future projects (UF1.7 mill) Chamisero(70%) Start: May houses / 1 stage: 128 houses UF 3,000 thousand Total Sales Edificios UAI ( 2 buildings) Start 1st build.: June st Building: 46 apartments UF 337 thousands (1st stage) 14

15 CONCESSION PROJECTS UNDER BIDDING PROCESS 2013 Los Libertadores Complex Investment US$ 60 mill Stockholding 70% Bidding Process II Sem 13 New Bidding Process of Santiago Airport AMB Investment Stockholding US$ 720 mill To be defined Bidding Process 2014 Industrial Bridge Investment US$ 700 mill Stockholding 50% Bidding Process I I Sem 13 In 2012 the real investment flow was recovered to US$ 650 mill, a record since 2006 Real 2013 investment projected is of US$950 mill. Besalco is interested to participate in 6 bidding processes during 2013 and early 2014 for US$2,200 mill. (US$ 580 proportional to Stockholding) Vespucio Oriente Highway Investment US$1.000mill Stockholding 10% Bidding Process II Sem 13 15

16 CONCESSIONS UNDER CONSTRUCTION PROCESS Concession proyects under construction or engineering process. Plaza Sucre: under construction process ConventoViejo: Stage three started construction of irrigation channels. Bodegas Sur: Under process to sign the sub-concession contract. Engineering studies are being finished. Plaza Sucre Parking Lot Viña del Mar Investment US$ 25 mill Stockholding 100% Start of operations II sem Convento Viejo. 3rd stage of works Investment US$ 21 mill Stockholding 33% Start of operations 2016 Bodegas Sur Subconcession SCL (under process to sign the contract) Investment US$ 34 mill Stockholding 30% Start of operations II sem

17 MACHINERY SERVICE Loading and Transport to Puerto de Sal Transport and operation of Crushing Plants Specialty in loading and transport in copper mining, iron, salt, forest harvest, premixed concrete transport, and design and operation of crushing plants Backlog: US$ 516 mill ( mar. 13 ) v/s US$331 mill (mar.12) 34 works -3,7 year duration 17

18 BESALCO CERRO ALTO BCA works since 2007 for Minera Escondida of BHP Billiton, one of the largest mines worldwide From the beginning BCA has invoiced US$400 mill and invested US$100 mill in equipment New contract for more than 4 years will allow service continuity 18

19 BESCO- Peru Real Estate Developments: 4 lands under project approval (USD 9,7) 3 owned projects in sale 1 consortium project New Challenges in Civil Works and concession Electric Power Plant Bidding Process: US 250 millions Road Concession Bidding Process: Trujillo 800 kms. USD 220 millions. 19

20 ELECTRIC POWER GENERATION PROJECTS Conveyance Station Transformer, and engine shed Central Los Hierros Aguas del Melado Central Los Hierros with 83% work advance starts generating in June 2013, 23MW installed capacity and projected annual sales of US$ 20 millions Investment projected in 13 projects for US$ 610 millions as of 2019 Generation projected to 2019 of 920 GWh-year with total sales for US$130 mill/year (it considers energy, power and renewable power attribute) 20

21 NEW BOARD OF DIRECTORS Formal Boards in affiliates, consortiums and associates Recent Shareholders Meeting renewed 7 Directors and elected 3 Independent Directors Recent election of Mr. Victor Renner elected in consensum among mayority and minority shareholders adds great experience in the development of projects and mining area 3 INDEPENDENT DIRECTORS Víctor Bezanilla President Florencio Correa Director Juan Andrés Camus Director Cristián Eyzaguirre Director Besalco S.A. s Directors John Graell Director Mario Valcarce Director Victor Renner Director 21

5 ta Conferencia Anual de Los Andes 21 y 22 de Marzo de 2011 Hotel W, Santiago

5 ta Conferencia Anual de Los Andes 21 y 22 de Marzo de 2011 Hotel W, Santiago 5 ta Conferencia Anual de Los Andes 21 y 22 de Marzo de 2011 Hotel W, Santiago 1 Index I. Construction market Chile, GDP II. Results 2010 III. Management and Backlog IV. New Undertaking 9 km tunnel for

More information

CIVIL WORKS MACHINERY SERVICE REAL ESTATE DEVELOPMENT INVESTMENT PROJECT INTERNATIONAL. Santiago, March 18th, 19th and 20th

CIVIL WORKS MACHINERY SERVICE REAL ESTATE DEVELOPMENT INVESTMENT PROJECT INTERNATIONAL. Santiago, March 18th, 19th and 20th CIVIL WORKS MACHINERY SERVICE REAL ESTATE DEVELOPMENT INVESTMENT PROJECT INTERNATIONAL Santiago, March 18th, 19th and 20th 1 Business areas Civil Works Investment Projects Machinery Services Real Estate

More information

Miami and New York Tour. Results 1st Sem 2010. Metro Subway Line 1-extension, Santiago,

Miami and New York Tour. Results 1st Sem 2010. Metro Subway Line 1-extension, Santiago, Miami and New York Tour Results 1st Sem 2010 Metro Subway Line 1-extension, Santiago, 1 2009 October 2010 Description of the Business Model Specialized Areas Diversified Activities Custom-made Financing

More information

INVESTOR PRESENTATION

INVESTOR PRESENTATION INVESTOR PRESENTATION Santiago, March 2010 1. EMPRESAS SOCOVESA HISTORY 1965 Real Estate & Construction Company founded by Eduardo Gras Díaz First housing development 16 houses in Temuco 1967 New partners

More information

2Q15 Earnings Conference Call

2Q15 Earnings Conference Call 2Q15 Earnings Conference Call André B. Gerdau Johannpeter President and CEO Harley Lorentz Scardoelli Financial, Planning and IR Director - CFO Credit: New York State Thruway Authority Gerdau is supplying

More information

GRAÑA Y MONTERO. Conference Call. 4Q 2015 Results Presentation

GRAÑA Y MONTERO. Conference Call. 4Q 2015 Results Presentation GRAÑA Y MONTERO Conference Call February 01, 2016 Financial Discussion Performance of Financial Results Financial Performance 2 Financial Results Overview The Group achieved Revenues of S/. 7,832.4 MM

More information

Fourth Quarter 2016 Conference Call

Fourth Quarter 2016 Conference Call Fourth Quarter 2016 Conference Call Friday, January 27, 2017 12:00 PM (EST) Mario Alvarado: Good afternoon everyone, thank you for attending this conference call. It is the first time we do it in Spanish,

More information

Presentation of Grupo ACS. September 2009

Presentation of Grupo ACS. September 2009 Presentation of Grupo ACS September 2009 Strategic vision A global leader in infrastructure development In the fields of civil and industrial engineering activities With sustainable and profitable growing

More information

RIPLEY CORP. Ripley Corp Presentation March, 2010

RIPLEY CORP. Ripley Corp Presentation March, 2010 RIPLEY CORP Ripley Corp Presentation March, 2010 1 CONTENTS RIPLEY CORP 4Q2009 RESULTS 2010 FOCUS & INVESTMENT PLAN CONCLUSIONS 2 Ripley Corp - Summary RIPLEY CORP Revenues 2009: MUS$1,751 Market Cap Dec-09:

More information

August PROGRESS REPORT. Energy Agenda

August PROGRESS REPORT. Energy Agenda August 2015 PROGRESS REPORT Energy Agenda Energy in Chile Main Figures Installed power capacity by system, 2014 - SIC: 15,409 MW - SING: 3,941 MW - Aysen: 52 MW - Magallanes: 101.7 MW Installed capacity

More information

Summary of Empresas ICA, S.A.B. de C.V. ( ICA ) s Business Plan

Summary of Empresas ICA, S.A.B. de C.V. ( ICA ) s Business Plan Basis of Preparation The business plan was developed to be consistent with the expected ongoing businesses of the Construction and Concessions segments, while most of the other parts of the business are

More information

2016 Earnings Conference Call

2016 Earnings Conference Call 2016 Earnings Conference Call André B. Gerdau Johannpeter President & Chief Executive Officer Harley Lorentz Scardoelli Chief Financial Officer Flat steel operations: coils produced at the mill in Ouro

More information

Corporate Presentation. October 2016

Corporate Presentation. October 2016 Corporate Presentation October 2016 Corporate Presentation The Company 2 Index The Company Strategy Opportunities by Country Financials Corporate Presentation The Company 3 Cencosud in the Region 245 Supermakets

More information

GRAÑA Y MONTERO. Corporate Presentation

GRAÑA Y MONTERO. Corporate Presentation GRAÑA Y MONTERO Corporate Presentation Fourth Quarter 2016 Business highlights Grupo Graña y Montero at a glance Largest Engineering & Construction company in Peru measured by revenues 83 years of recognized

More information

1H2016 RESULTS - BREAKFAST. August 22, 2016

1H2016 RESULTS - BREAKFAST. August 22, 2016 1H2016 RESULTS - BREAKFAST August 22, 2016 Company Overview 2 Company Overview Data as of June 30, 2016, unless otherwise noted 5,529MW of installed Capacity (1)(3)(4) US$3.5bn Market capitalization (2)

More information

BUILD OPERATE AND TRANSFER SCHEME IN CHILE A SUCCESSFULL CASE OF IMPREGILO: COSTANERA NORTE

BUILD OPERATE AND TRANSFER SCHEME IN CHILE A SUCCESSFULL CASE OF IMPREGILO: COSTANERA NORTE BUILD OPERATE AND TRANSFER SCHEME IN CHILE A SUCCESSFULL CASE OF IMPREGILO: COSTANERA NORTE www.impregilo.it PROJECT DETAILS AND PROJECT FINANCING Project s physical layout The road to Costanera Norte

More information

First Quarter 2016 Financial Results. Medellin, May 2, 2016

First Quarter 2016 Financial Results. Medellin, May 2, 2016 First Quarter 2016 Financial Results Medellin, May 2, 2016 DISCLAIMER ISA 2016 FINANCIAL RESULTS Certain statements contained in this report constitute "forward-looking statements" within the meaning of

More information

Credit Suisse 2014 Latin America Investment Conference

Credit Suisse 2014 Latin America Investment Conference February 2014 Unsaved Document / 12/11/2012 / 14:08 1. Business highlights Grupo Graña y Montero at a glance Largest Engineering & Construction company in Latin America measured by market cap 80 years

More information

Endesa Chile 2013 Results

Endesa Chile 2013 Results 10 02 14 Endesa Chile 2013 Results Highlights for 2013 51% growth in Net Income attributable to Endesa Chile s shareholders. 37% decrease in procurement and service costs, mainly in Chile. 19% increase

More information

Amerigo Resources Ltd. Condensed Consolidated Interim Financial Statements For the quarter ended March 31, 2012 Unaudited (expressed in U.S.

Amerigo Resources Ltd. Condensed Consolidated Interim Financial Statements For the quarter ended March 31, 2012 Unaudited (expressed in U.S. Condensed Consolidated Interim Financial Statements For the quarter Unaudited Condensed Consolidated Interim Statements of Financial Position - Unaudited December 31, Notes Assets Current assets Cash and

More information

ASTALDI, REVENUES UP BY 14.8%, EBIT UP BY 16%, NET PROFIT UP BY 10.5% IN 2008 EUR 0.10 PER SHARE DIVIDEND PROPOSED

ASTALDI, REVENUES UP BY 14.8%, EBIT UP BY 16%, NET PROFIT UP BY 10.5% IN 2008 EUR 0.10 PER SHARE DIVIDEND PROPOSED The BoD approves the 2008 consolidated financial statements ASTALDI, REVENUES UP BY 14.8%, EBIT UP BY 16%, NET PROFIT UP BY 10.5% IN 2008 EUR 0.10 PER SHARE DIVIDEND PROPOSED Main consolidated figures

More information

3Q16 Earnings Conference Call

3Q16 Earnings Conference Call 3Q16 Earnings Conference Call André B. Gerdau Johannpeter President & Chief Executive Officer Harley Lorentz Scardoelli Chief Financial Officer Gerdau is the pioneer in the world steel industry in industrial

More information

CRECIENDO GROWING CON EL ALON PER G WI

CRECIENDO GROWING CON EL ALON PER G WI CRECIENDO GROWING CON ALONG EL WITH PERÚ PERÚ Consolidated Results Report to March 2014 Agenda 1. AIH Up to Date 2. Highlights 3. Consolidated Results 4. Results by Company 5. Questions AIH in 2014 For

More information

Fourth Quarter and Full Year 2016 Earnings Conference Call and Webcast February 22, 2017

Fourth Quarter and Full Year 2016 Earnings Conference Call and Webcast February 22, 2017 Fourth Quarter and Full Year 206 February 22, 207 Forward-Looking Statements This presentation contains certain forward-looking statements and information relating to Ternium S.A. and its subsidiaries

More information

ENERSIS. 7th Annual Latin America Conference Investing in the recovery. January 22-24, 2003 The Ritz-Carlton Cancun, México

ENERSIS. 7th Annual Latin America Conference Investing in the recovery. January 22-24, 2003 The Ritz-Carlton Cancun, México ENERSIS 7th Annual Latin America Conference Investing in the recovery January 22-24, 2003 The Ritz-Carlton Cancun, México 1 OUR INVESTMENTS BUSINESS VIEW MAIN FINANCIAL INFORMATION CORPORATE STRATEGY 2

More information

RIPLEY TODAY IS... Deparment Stores Stores: 39 Revenues: US$1,407 MM Selling space: sqm

RIPLEY TODAY IS... Deparment Stores Stores: 39 Revenues: US$1,407 MM Selling space: sqm 2 RIPLEY TODAY IS... Deparment Stores Stores: 39 Revenues: US$1,407 MM Selling space: 308.000 sqm Financial Retail Loans: US$1,218 MM Revenues: US$ 472 MM Bank Branches: 46 Loans: US$475 MM Real Estate

More information

OPENING UP A NEW ERA

OPENING UP A NEW ERA OPENING UP A NEW ERA N Arica Iquique MAIN ACTIVITIES OF MITSUBISHI CORPORATION IN CHILE Calama Investments Norte Grande Antofagasta Copiapó San Pedro de Atacama Cleanairtech Sudamerica S.A.: sea water

More information

CHILE TRIP-SANTANDER GBM September 2009

CHILE TRIP-SANTANDER GBM September 2009 CHILE TRIP-SANTANDER GBM September 2009 >> Agenda 1. Environment 2. Our Business 3. Current Scenario and Future Challenges 2 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Jun/09 Long Term Investment

More information

GRAÑA Y MONTERO. Conference Call 4Q 2016

GRAÑA Y MONTERO. Conference Call 4Q 2016 GRAÑA Y MONTERO Conference Call 4Q 2016 Fourth Quarter 2016 Agenda 1. Graña y Montero s Position Odebrecht Case 2. Discussion of 2016 Financial Results 3. Impacts in G&M 4. Asset Disinvestment Plan 5.

More information

Third Quarter 2014 Earnings Review November 6, 2014

Third Quarter 2014 Earnings Review November 6, 2014 Third Quarter 2014 Earnings Review November 6, 2014 1 Operational Performance Financial Review Development Projects Key Takeaways 2 OPERATIONAL PERFORMANCE Operational Performance GENERATION BY MARKET:

More information

Corporate Bond Issue. up to UF 7,900,000. Arranger and Placement Agent. Santiago, August 2009

Corporate Bond Issue. up to UF 7,900,000. Arranger and Placement Agent. Santiago, August 2009 Santiago, August 2009 Corporate Bond Issue up to UF 7,900,000 Arranger and Placement Agent Contents I. SHAREHOLDER S MESSAGE Michael Botha Brookfield II. RATIONALE FOR THE ISSUE Andrés Kuhlmann Transelec

More information

Airport Ownership Models

Airport Ownership Models Airport Ownership Models The experience in Bogota - Colombia Airports Council International World/North America Conference & Exhibition September21-24,2008 Boston, MA By Michael Nicolaas Chief Operating

More information

CILIANDRA PERKASA GROUP

CILIANDRA PERKASA GROUP CILIANDRA PERKASA GROUP MANAGEMENT DISCUSSION AND ANALYSIS FULL YEAR RESULTS ENDED 31 DECEMBER 2009 ( FY2009 ) FOR PT CILIANDRA PERKASA AND ITS SUBSIDIARIES ( Group ) Financial Highlights FY2009 Income

More information

Empresa de Transporte de Pasajeros Metro S.A. Investor Presentation

Empresa de Transporte de Pasajeros Metro S.A. Investor Presentation Empresa de Transporte de Pasajeros Metro S.A. Investor Presentation Metro at a glance Key Investment Considerations Financial Information Metro Serves as the Backbone of Mass Transit in Santiago Metro

More information

Endesa Chile YE14 Results

Endesa Chile YE14 Results Endesa Chile YE14 Results January 30th 2015 Highlights Operating revenues increased 21%, mainly due to higher energy sales, as a consequence of higher sale price of electricity in Chile, Colombia and Peru,

More information

Hydroelectric Power Plant - Los Cóndores. Santiago, April 2014

Hydroelectric Power Plant - Los Cóndores. Santiago, April 2014 Hydroelectric Power Plant - Los Cóndores Santiago, April 2014 Introduction Los Cóndores, a large hydro project of 150 MW with water flow regulation using the existing water reservoir of the Embalse Laguna

More information

Evolution of Business First Quarter 2011 (January-March)

Evolution of Business First Quarter 2011 (January-March) Evolution of Business First Quarter 2011 (January-March) Table of Contents 1. Main Figures 4 Financial Data 4 Operating Data 4 2. Consolidated Profit & Loss Account 6 Consolidated Profit & Loss Account

More information

Empresas Banmédica. Financial Results First Quarter 2008

Empresas Banmédica. Financial Results First Quarter 2008 Empresas Banmédica Financial Results First Quarter 2008 Contents Empresas Banmédica Business Organization Shareholders structure Issues First Quarter 2008 Market Overview Isapres Private Hospitals Financial

More information

ASTM AUTOSTRADA TORINO-MILANO S.p.A.

ASTM AUTOSTRADA TORINO-MILANO S.p.A. ASTM AUTOSTRADA TORINO-MILANO S.p.A. Turin, 13 May 2009 PRESS RELEASE INTERMEDIATE MANAGEMENT REPORT OF ASTM GROUP AS AT 31 MARCH 2009 The Intermediate management report of ASTM Group as at 31 March 2009

More information

Parque Arauco Institutional presentation

Parque Arauco Institutional presentation Parque Arauco Institutional presentation August 2013 This document has been prepared by Parque Arauco for the purpose of providing general information about the Company. The Company assumes no responsibility

More information

Management report and results 2013 Medellín, March 28, 2014. Todos los derechos reservados por Interconexión Eléctrica S.A. E.S.P.

Management report and results 2013 Medellín, March 28, 2014. Todos los derechos reservados por Interconexión Eléctrica S.A. E.S.P. Management report and results 2013 Medellín, March 28, 2014 Corporate Strategy Definitions: Big choices The Group's profitability and the generation of value are the main strategic aspirations The mix

More information

Order intake 908,768 1,041,967 1,521, ,529 1,228,156. Backlog 1,607,306 1,635,465 2,079,305 1,530,291 2,016,763

Order intake 908,768 1,041,967 1,521, ,529 1,228,156. Backlog 1,607,306 1,635,465 2,079,305 1,530,291 2,016,763 Presentation Madrid Stock Market 24 November 2015 Main figures 2011 2012 2013 2014 9M 2015 Order intake 908,768 1,041,967 1,521,420 452,529 1,228,156 Backlog 1,607,306 1,635,465 2,079,305 1,530,291 2,016,763

More information

Third Quarter and First Nine Months 2016 Earnings Conference Call and Webcast November 3, 2016

Third Quarter and First Nine Months 2016 Earnings Conference Call and Webcast November 3, 2016 Third Quarter and First Nine Months 2016 November 3, 2016 Forward-Looking Statements This presentation contains certain forward-looking statements and information relating to Ternium S.A. and its subsidiaries

More information

Corporate Presentation May 2016

Corporate Presentation May 2016 Corporate Presentation May 2016 I. Concha y Toro: At a Glance 2 Viña Concha y Toro Today Largest Chilean and Latin American Winery. Top 10 world s winery in volume commercialized. Unique business model

More information

9M 2014 Results Presentation

9M 2014 Results Presentation 1. Update on Disposals 2. Update on Special Issues 3. New Orders & Backlog 4. 9M 2014 Results 5. Appendix 9M 2014 Results Presentation Rome - November 11, 2014 9M 2014 Results 1. Update on Disposals 2.

More information

Ternium Announces First Quarter 2015 Results

Ternium Announces First Quarter 2015 Results Sebastián Martí Ternium - Investor Relations +1 (866) 890 0443 +54 (11) 4018 2389 www.ternium.com Ternium Announces First Quarter 2015 Results Luxembourg, April 29, 2015 Ternium S.A. (NYSE: TX) today announced

More information

Water resources management at the mining industry in Chile

Water resources management at the mining industry in Chile Water resources management at the mining industry in Chile Alejandra P. Acuña *, Reinaldo Peñailillo Environmental Group, Golder Associates S.A., Santiago, Chile, Project Engineer, 56-2 26162347, aacuna@golder.cl

More information

The 10th Chile Taiwan Joint Business Council Meeting

The 10th Chile Taiwan Joint Business Council Meeting The 10th Chile Taiwan Joint Business Council Meeting Carlos Finat Santiago de Chile Noviembre de 2014 Asociación Chilena de Energías Renovables A.G. ACERA Non-for-profit industry association created in

More information

Earnings Release 9M2015

Earnings Release 9M2015 Earnings Release 9M2015 19 November 2015 Results overview Regional segments Final remarks PAGE 3 PAGE 12 PAGE 22 Europe Africa Latin America 2 Key highlights Consolidation of EGF in the 3Q15, according

More information

ORIENT-EXPRESS HOTELS ANNOUNCES SECOND QUARTER NET EARNINGS UP 37%. RECOVERY IN DEMAND SEEN IN ALL MARKETS.

ORIENT-EXPRESS HOTELS ANNOUNCES SECOND QUARTER NET EARNINGS UP 37%. RECOVERY IN DEMAND SEEN IN ALL MARKETS. Contact: William W. Galvin Tel: 203 / 618-9800 ORIENT-EXPRESS HOTELS ANNOUNCES SECOND QUARTER NET EARNINGS UP 37%. RECOVERY IN DEMAND SEEN IN ALL MARKETS. Hamilton, Bermuda, August 4, 2004 (5pm EDT). Orient-Express

More information

Consolidated and Non-Consolidated Financial Statements

Consolidated and Non-Consolidated Financial Statements May 13, 2016 Consolidated and Non-Consolidated Financial Statements (For the Period from April 1, 2015 to March 31, 2016) 1. Summary of Operating Results (Consolidated) (April 1,

More information

Celulosa Arauco y Constitución S.A. First Quarter 2015 Results. May 19 th, 2015

Celulosa Arauco y Constitución S.A. First Quarter 2015 Results. May 19 th, 2015 Celulosa Arauco y Constitución S.A. First Quarter 2015 Results May 19 th, 2015 3 4 9 11 13 14 15 Highlights Income statement analysis Review by business segment Balance sheet analysis Financial ratios

More information

Borja Blanco Juan Miguel Pinto

Borja Blanco Juan Miguel Pinto Borja Blanco Juan Miguel Pinto 12,000 Devices Installed Globally ~ 70% Market Share Headquarters San Leandro, California Madrid, Spain Dubai, UAE Shanghai, China 6,500,000 m 3 /day 10 Billion kwh Energy

More information

Codelco Investor Presentation. April 2014

Codelco Investor Presentation. April 2014 Codelco Investor Presentation April 2014 Codelco s Highlights Industry Overview Operating & Financial Review Development Plan Update & Outlook 2 Codelco At a Glance December 2013 World Largest Copper Producer:

More information

Inter-American Development Bank. Financing Private Infrastructure with the IDB: EXR Business Seminar April 2006 Washington, DC

Inter-American Development Bank. Financing Private Infrastructure with the IDB: EXR Business Seminar April 2006 Washington, DC Inter-American Development Bank Financing Private Infrastructure with the IDB: EXR Business Seminar April 2006 Washington, DC Agenda IDB and the Private Sector Department IDB Benchmark Transportation Deals

More information

Santiago de Chile, May 29, 2015 Corporación Nacional del Cobre (CODELCO) reported March 31, 2015 operational and financial results:

Santiago de Chile, May 29, 2015 Corporación Nacional del Cobre (CODELCO) reported March 31, 2015 operational and financial results: Santiago de Chile, May 29, 2015 Corporación Nacional del Cobre (CODELCO) reported March 31, 2015 operational and financial results: revenues were US$ 2.7 billion, 12.8% lower than US$ 3.1 billion for the

More information

AES GENER HIGHLIGHTS

AES GENER HIGHLIGHTS 1 AES GENER HIGHLIGHTS 2 Highlights 2013 VENTANAS IV Start-up of commercial operations in March 2013 COCHRANE PROJECT Financial close and start of construction in March 2013 CAPITAL INCREASE Shareholders

More information

Cash flow generation and improvement in margins. Sales and EBITDA growth of 11% and 21%.

Cash flow generation and improvement in margins. Sales and EBITDA growth of 11% and 21%. Stock price as of April 27th, 2016: $36.0 Total shares: 382.0 millions Cash flow generation and improvement in margins. Sales and EBITDA growth of 11% and 21%. Figures in millions of nominal Mexican. Figures

More information

World-class suppliers to the Mining Industry

World-class suppliers to the Mining Industry CLUSTER PROGRAM MINERA ESCONDIDA World-class suppliers to the Mining Industry Supporting the development of a knowledge-based mining cluster Osvaldo Urzúa Community and External Affairs Manager June 29,

More information

Results Presentation Jan-Sep 2014. November 25 th, 2014

Results Presentation Jan-Sep 2014. November 25 th, 2014 Results Presentation Jan-Sep 2014 November 25 th, 2014 Disclaimer This document has been prepared by Grupo Isolux Corsán, S.A.; therefore no part of it may be published, disclosed or distributed in any

More information

2014 2017 Strategic Plan Madrid Stock Exchange

2014 2017 Strategic Plan Madrid Stock Exchange More value for the shareholder: our commitment Documento en progreso y revisión Sujeto a aprobación 2014 2017 Strategic Plan Madrid Stock Exchange 2 April 2014 Company Overview Founded in 1959 Mexico Panama

More information

Endesa Chile 1H14 Results

Endesa Chile 1H14 Results Endesa Chile 1H14 Results July 28th 2014 Highlights 12% growth in Operating Revenues due to a higher average electricity sales price expressed in Chilean pesos, along with the full consolidation of GasAtacama

More information

RESULTS Year End 2015

RESULTS Year End 2015 Santiago de Chile, March 24, 2016 Corporación Nacional del Cobre (CODELCO) reported December 31, 2015 operational and financial results: Year end 2015 revenues were US$11.7 billion, 15.4% lower compared

More information

Autogrill Group 9M2016 Financial Results. Milan, 10 November 2016

Autogrill Group 9M2016 Financial Results. Milan, 10 November 2016 Autogrill Group 9M2016 Financial Results Milan, 10 November 2016 FORWARD LOOKING STATEMENT This presentation is of a purely informative nature and does not constitute an offer to sell, exchange or buy

More information

Birth of a world leader

Birth of a world leader PRESS RELEASE Birth of a world leader 26 April 2007 Net profit rose 13.6% to 458.2 million in the first quarter of 2007 IBERDROLA IS NOW ONE OF THE WORLD S LARGEST ELECTRICITY COMPANIES WITH THE SCOTTISHPOWER

More information

Cementos Argos Reports First Quarter 2016 Financial Results

Cementos Argos Reports First Quarter 2016 Financial Results Cementos Argos Reports First Quarter 2016 Financial Results Cementos Argos consolidated Ebitda increased 38% in the first quarter of the year May 13, 2016 Cementos Argos S.A. (Argos) is a geographically

More information

Index. Section I. Risk rating 3. Section II. Revenues, EBITDA and Net Profit 3. Section III. Highlights 4

Index. Section I. Risk rating 3. Section II. Revenues, EBITDA and Net Profit 3. Section III. Highlights 4 Press Release March 2015 1 Press Release March 2015 Section Index Page Section I. Risk rating 3 Section II. Revenues, EBITDA and Net Profit 3 Section III. Highlights 4 Section IV. Medical Facilities Investment

More information

MILLICOM INTERNATIONAL CELLULAR S.A.

MILLICOM INTERNATIONAL CELLULAR S.A. MILLICOM INTERNATIONAL CELLULAR S.A. FOR IMMEDIATE RELEASE April 20, 2004 MILLICOM INTERNATIONAL CELLULAR S.A. ANNOUNCES RESULTS FOR THE QUARTER ENDED MARCH 31, 2004 54% increase in revenues for Q1 04

More information

Agenda SQM AT A GLANCE

Agenda SQM AT A GLANCE December 2014 Important Notice Statements in this presentation concerning the Company s business outlook or future economic performances, anticipated profitability, revenues, expenses, or other financial

More information

(All figures in Mexican Pesos)

(All figures in Mexican Pesos) Mexico City (April 26 th, 1999) Consorcio ARA S.A. de C.V. (BMV: ARA*) today announced results for the first quarter 1999 and trailing twelve months ended March 31, 1999. (All figures in Mexican Pesos)

More information

Nippon Mining Holdings, Inc.

Nippon Mining Holdings, Inc. Supplementary Explanation for Financial Results for Fiscal 2008 - From April 1, 2008 to March 31, 2009 - April 30, 2009 Disclaimers concerning forward-looking statements are prepared on the last page of

More information

EQUINIX, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - GAAP PRESENTATION (in thousands, except per share data) (unaudited)

EQUINIX, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - GAAP PRESENTATION (in thousands, except per share data) (unaudited) CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - GAAP PRESENTATION (in thousands, except per share data) Recurring revenues $ 314,727 $ 282,117 $ 216,517 $ 834,080 $ 610,384 Non-recurring revenues 15,620

More information

EARNINGS RELEASE 4Q2015. March 4, 2016

EARNINGS RELEASE 4Q2015. March 4, 2016 EARNINGS RELEASE 4Q2015 March 4, 2016 RELEVANT CORPORATE EVENTS Partnership with Grupo Vinci On December 17, 2015, Vinci Colombia S. A. S. accepted the private offer to subscribe 226,850,988 ordinary shares

More information

Results Report 2013. Non Audited Figures 1

Results Report 2013. Non Audited Figures 1 Results Report 27th February, 2014 Non Audited Figures 1 INDEX 1 Executive Summary 3 1.1 Main figures 3 1.2 Relevant facts 4 2 Consolidated Financial Statements 7 2.1 Income Statement 7 2.1.1 Sales and

More information

RIPLEY CORP presentation. January 2009

RIPLEY CORP presentation. January 2009 RIPLEY CORP presentation January 2009 Ripley Corp 1. Ripley Today 2. Ripley Chile 2.0 3. Ripley Peru 4. Financing 5. Main goals Ripley Today why invest Ripley? Because Is a big player in the department

More information

COMPANY PRESENTATION. BTG Pactual & Celfin Southern Cone / Andean Conference. Santiago, June 5 th -6 th 2013

COMPANY PRESENTATION. BTG Pactual & Celfin Southern Cone / Andean Conference. Santiago, June 5 th -6 th 2013 COMPANY PRESENTATION BTG Pactual & Celfin Southern Cone / Andean Conference Santiago, June 5 th -6 th 213 Colbún at a glance Who are we? We are a Chilean company, leader in the generation of reliable,

More information

Investor Presentation. August 2012. years. Parque Arauco S.A. www.parauco.com

Investor Presentation. August 2012. years. Parque Arauco S.A. www.parauco.com Investor Presentation August 2012 years Parque Arauco S.A. www.parauco.com This document has been prepared by Parque Arauco for the purpose of providing general information about the Company. The Company

More information

Full Year 2013 Review March 3, 2014

Full Year 2013 Review March 3, 2014 Full Year 2013 Review March 3, 2014 1 Highlights Financial Review Development Projects Key Takeaways 2 Highlights VENTANAS IV Start-up of commercial operations in March 2013 COCHRANE PROJECT Financial

More information

Medellín, Colombia, March 3, 2014

Medellín, Colombia, March 3, 2014 ISA FOURTH QUARTER FINANCIAL RESULTS Medellín, Colombia, March 3, 2014 ISA S.A. E.S.P. (BVC: ISA; OTC: IESFY) ( ISA or the Company ), a Colombian organization engaged in the businesses of Energy Transmission,

More information

Arauco Santander October 2015

Arauco Santander October 2015 Arauco Santander October 2015 Agenda Arauco Overview Pulp Business Panel and Solid Wood Business Projects and Financial Strategy 2 Arauco at a glance Global forestry player, producer of market pulp, panels,

More information

COMISIÓN NACIONAL DEL MERCADO DE VALORES. Madrid, 12 de mayo de Muy Sres. nuestros:

COMISIÓN NACIONAL DEL MERCADO DE VALORES. Madrid, 12 de mayo de Muy Sres. nuestros: COMISIÓN NACIONAL DEL MERCADO DE VALORES Madrid, 12 de mayo de 2016 Muy Sres. nuestros: ACCIONA adjunta presentación en ingles que se seguirá en la multiconferencia de hoy a las 12:00PM. La presentación

More information

- Unaudited - Financial Results First Quarter 2010

- Unaudited - Financial Results First Quarter 2010 - Unaudited - Financial Results First Quarter 2010 Medellín, Colombia. May 3, 2010 ISA ANNOUNCES THE FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2010 ISA posted COP 78,472 million net income, 4.8% above

More information

1. Consolidated financial summary Consolidated balance sheets Consolidated statements of income 6

1. Consolidated financial summary Consolidated balance sheets Consolidated statements of income 6 DATABOOK 2016 Contents Consolidated financial information Page 1. Consolidated financial summary 2 2. Consolidated balance sheets 3 3. Consolidated statements of income 6 4. Consolidated statements of

More information

FOURTH QUARTER 2011 RESULTS

FOURTH QUARTER 2011 RESULTS FOURTH QUARTER 2011 RESULTS Mexico City, February 27, 2012, Minera Frisco, S.A.B. de C.V. ( Frisco, BMV: FRISCO OTC: MSNFY) announced today its results for the fourth quarter and full year 2011. Highlights

More information

1stH 2014 CONSOLIDATED RESULTS

1stH 2014 CONSOLIDATED RESULTS Gruppo 1stH 2014 CONSOLIDATED RESULTS Conference Call 1 Contents Financial highlights Ascopiave Group structure as of June, 30th 2014 Application of IFRS 11 international accounting standard 1stH 2013

More information

Financial Results for the Quarter ended Dec 31, 2016

Financial Results for the Quarter ended Dec 31, 2016 Financial Results for the Quarter ended Dec 31, 2016 KITO CORPORATION TSE 1st Section: 6409 February 14, 2017 1 FY2016 Q3 Summary 1. Market Environment Market trends ahead remains harder to read due to

More information

Astaldi in 2011: net profit of EUR 72.6 million, +15.2% Revenues of EUR 2.35 billion, +14.5%

Astaldi in 2011: net profit of EUR 72.6 million, +15.2% Revenues of EUR 2.35 billion, +14.5% The BoD of Astaldi approves the consolidated results of Q4 2011 (unaudited) and examines the consolidated preliminary results of FY 2011 Astaldi in 2011: net profit of EUR 72.6 million, +15.2% Revenues

More information

Consolidated balance sheet

Consolidated balance sheet Consolidated balance sheet 31/12/2008 31/12/2007 31/12/2006 Non current assets Property, plant and equipment 1,165 965 774 Investment property 11 11 41 Fixed assets held under concessions 13,534 13,240

More information

CHILE: MANY TIMES HURT BY NATURAL DISASTERS, MANAGEMENT IN EMERGENCY CONDITIONS: 27/F EARTHQUAKE S LESSONS

CHILE: MANY TIMES HURT BY NATURAL DISASTERS, MANAGEMENT IN EMERGENCY CONDITIONS: 27/F EARTHQUAKE S LESSONS Source: Ministry of Public Works CHILE: MANY TIMES HURT BY NATURAL DISASTERS, PERMANENTLY BLESSED BY NATURAL RESOURCES MANAGEMENT IN EMERGENCY CONDITIONS: 27/F EARTHQUAKE S LESSONS Hernán de Solminihac

More information

Corporate Presentation. Southern Cone / Andean CEO Conference May, 2012

Corporate Presentation. Southern Cone / Andean CEO Conference May, 2012 Corporate Presentation Southern Cone / Andean CEO Conference May, 2012 Our Company 2 Company overview Largest Latin American IT Services provider and an undisputed leader in systems integration, support

More information

YTD Highlights. 1 st Half 2013 Results Presentation

YTD Highlights. 1 st Half 2013 Results Presentation 1H/13 Results Presentation August 30 th, 2013 YTD Highlights Sales resilience, backlog impacted by forex Sustainable net results Working capital control remains top priority Disposals program under way

More information

Corporate Presentation

Corporate Presentation Investor Relations Corporate Presentation May, 04 0 Disclaimer Statements made in this presentation relate to CCU s future performance or financial results are forward-looking statements within the meaning

More information

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET MODEC, INC. and Consolidated Subsidiaries CONSOLIDATED BALANCE SHEET September 3, 214 A S S E T S Millions of Japanese yen CURRENT ASSETS: Cash and time deposits 26,933 Accounts receivable - trade 153,274

More information

Innovative Technology Solutions for Sustainability ABENGOA. Market Update

Innovative Technology Solutions for Sustainability ABENGOA. Market Update Innovative Technology Solutions for Sustainability ABENGOA Market Update November, 2014 Forward-looking Statement This presentation contains forward-looking statements (within the meaning of the U.S. Private

More information

AES Gener 2013 Year-End Results

AES Gener 2013 Year-End Results Contacts: Paola Lara (562) 2686 8713 paola.lara@aes.com Constanza López (562) 2686 8968 constanza.lopez@aes.com AES Gener 2013 Year-End Results AES Gener recorded EBITDA of ThUS$623.028 and net income

More information

Home Builders Conference San Pablo - Brazil October 2007

Home Builders Conference San Pablo - Brazil October 2007 Home Builders Conference San Pablo - Brazil October 2007 Investment Highlights Favorable economic environment in Chile Consistent growth Low interest rates and low inflation Government stability Largest

More information

CODELCO UPDATE April 2015. Copyrights 2014 CODELCO-CHILE. Todos los Derechos Reservados. Copyrights 2014 by CODELCO-CHILE. All Rights Reserved.

CODELCO UPDATE April 2015. Copyrights 2014 CODELCO-CHILE. Todos los Derechos Reservados. Copyrights 2014 by CODELCO-CHILE. All Rights Reserved. CODELCO UPDATE April 2015 Codelco Highlights Industry Overview Operating and Financial Review Development Plan and Outlook Codelco s Highlights 2014 Copper Mine Production: increased by 2.7% in 2014 to

More information

Agenda. I. Itaú Unibanco Holding - Overview. Chilean Economy, Banking Sector and Regulatory Framework. Banco Itaú Chile Overview. Financial Highlights

Agenda. I. Itaú Unibanco Holding - Overview. Chilean Economy, Banking Sector and Regulatory Framework. Banco Itaú Chile Overview. Financial Highlights Banco Itaú Chile As of December 31, 2013 Agenda I. Itaú Unibanco Holding - Overview II. III. IV. Chilean Economy, Banking Sector and Regulatory Framework Banco Itaú Chile Overview Financial Highlights

More information

Board of Directors Zurich, 24 March, Transaction Presentation

Board of Directors Zurich, 24 March, Transaction Presentation Transaction Presentation August 2011 1 Legal Disclaimer Information in this presentation may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking

More information

Obayashi Group Medium-Term Business Plan 2015

Obayashi Group Medium-Term Business Plan 2015 Obayashi Group Medium-Term Business Plan 2015 (FY2015 - FY2017) Toward social safety, security and further stable management Evolution 2015 Report from Medium-Term Business Plan 2012 (FY2012 to FY2014)

More information