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Wilson Sons Conference call presentation q1 2011
Wilson Sons Conference call presentation q1 2011
Wilson Sons Conference call presentation q1 2011
Wilson Sons Conference call presentation q1 2011
Wilson Sons Conference call presentation q1 2011
Wilson Sons Conference call presentation q1 2011
Wilson Sons Conference call presentation q1 2011
Wilson Sons Conference call presentation q1 2011
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Wilson Sons Conference call presentation q1 2011

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Wilson Sons Conference call presentation Q1 2011

Wilson Sons Conference call presentation Q1 2011

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  • 1. Conference Call and Webcast 1Q11 Earnings May 20111
  • 2. Legal Advice This presentation contains statements that may constitute “forward-looking statements”, based on current opinions, expectations and projections about future events. Such statements are also based on assumptions and analysis made by Wilson, Sons and are subject to market conditions which are beyond the Company’s control. Important factors which may lead to significant differences between real results and these forward-looking statements are: national and international economic conditions; technology; financial market conditions; uncertainties regarding results in the Company’s future operations, its plans, objectives, expectations, intentions; and other factors described in the section entitled "Risk Factors“, available in the Company’s Prospectus, filed with the Brazilian Securities and Exchange Commission (CVM). The Company’s operating and financial results, as presented on the following slides, were prepared in conformity with International Financial Reporting Standards (IFRS), except as otherwise expressly indicated. An independent auditors’ review report is an integral part of the Company’s condensed consolidated financial statements.2
  • 3. 1Q11 Consolidated Figures Net Revenues & EBITDA (USD million) EBITDA by business (and Cumulative Contribution to total EBITDA) 140% 30,0 24,4 118% 118% 120% 109% 25,0 100% 91% 95% 20,0 156,6 100% Net 12,0 15,0 Revenues 121,4 80% 61% 10,0 60% 5,7 3,4 5,0 116,7 1,5 0,0 -7,1 Costs 40% 0,0 97,6 20% -5,0 0% -10,0 EBITDA 23,8 39,9 Port Towage Offshore Logistics Shipyard Shipping Corporate Terminals Agency 1Q10 1Q11 Net Income (USD million) CAPEX (USD million) 19,7 54.8 35.2 6,2 1Q10 1Q11 1Q10 1Q113
  • 4. 1Q11 Highlights by Business OPERATIONAL FINANCIAL CAPEX (NET REVENUES) PORT SYSTEM Strong demand from O&G (Brasco) Lower # of TEU handled Expansion Project at Tecon SSA Better full-to-empty cntrs mix MARITIME SYSTEM Reduced special operations in the Higher # of harbour manoeuvres Fleet renewal and expansion quarter Impact of JV formation Higher # of Days in Operations Fleet expansion 4 PSVs migration from Spec to LTC Faster vessel build programs Impact of JV formation Shipyard Expansion: Guarujá II Higher # of Vessel Calls Strong volumes - LOGISTICS SYSTEM Improved performances across the in- Import cargoes at EADI Fork-lifts and trators for new operations house operations4
  • 5. 5 (USD million) Net Income Net Income 6.2 1Q10 1Q10 vs. 1Q11 EBITDA 16.1 D&A (3.3) Financial 5.2 Revenues Financial (0.4) Expenses Income Tax (4.1) Net Income 19.7 1Q11
  • 6. CAPEX PLAN - $1.8 BILLION BETWEEN 2011-2017 Capex by Business and % of Total (USD million) 120% 842 900 100% 800 100% 93% 79% 700 80% 600 68% 500 60% 382 47% 400 40% 247 300 212 200 20% 123 100 0% 0 Offshore Towage Shipyard Port Terminals Others * * Includes Logistics, Ship Agency, and Corporate — Mainly FMM Financing (Offshore, Towage, and Shipyards)6
  • 7. Cash Position & Debt Profile: Low Leverage Ratios Leverage Indicators (USD million) Debt maturity profile Net Debt / EBITDA = 1.8x Long Term Short Term 11% 9% (122.5) 323.1 200.6 Total Debt Cash & Equivalents Net Debt 89% 91% Debt Source Profile Debt Currency Profile FMM Others FMM USD BRL Outros 15% 22% 16% 24% 76% 78% 84% 85%7
  • 8. Investor Relations Contacts Felipe Gutterres Michael Connell CFO of the Brazilian Subsidiary, Legal Representative Investor Relations and Investor Relations michael.connell@wilsonsons.com.br ri@wilsonsons.com.br Phone: + 55 (21) 2126-4107 Phone: + 55 (21) 2126-4122 IR website: www.wilsonsons.com.br/ir Twitter: @WilsonSonsIR Youtube Channel: WilsonSonsIR BM&F Bovespa: WSON11 Guilherme Nahuz Eduardo Valença Investor Relations Investor Relations guilherme.nahuz@wilsonsons.com.br eduardo.valenca@wilsonsons.com.br Phone: + 55 (21) 2126-4263 Phone: + 55 (21) 2126-41058

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