Earnings release 1 q10 presentation

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Earnings release 1 q10 presentation

  1. 1. BRASIL ECODIESEL S.A. BRASIL ECODIESEL S.A. Investor Relations NBome & Business Development
  2. 2. BRASIL ECODIESEL S.A. Brazilian Biodiesel Market The Company Strategy Results – 1Q10 Perspectives
  3. 3. BRASIL ECODIESEL S.A. Brazilian Biodiesel Market The Company Strategy Results – 1Q10 Perspectives
  4. 4. BRASIL ECODIESEL S.A. | Brazilian Diesel Market - What is Biodiesel? Key Factor of Success: technology or raw material? “Our goal is to achieve the highest standard quality in large scale production using different vegetable oils!” Technology Raw Material
  5. 5. BRASIL ECODIESEL S.A. | Brazilian Diesel Market Brazilian Diesel Market (‘000,000 m³)Diesel is the main Brazilian fuel, 42% of all oil derivedfuels and more than 50% of transportation fuels. Domestic market extremely significant,favoring the development and consolidation Source: National Agency for Petroleum, Natural Gas and Biofuels – ANP. of the sector. (*) 2009 Forecast
  6. 6. BRASIL ECODIESEL S.A. | Brazilian Diesel Market – National Biodiesel ProgramBiodiesel Law: Mandatory Current blend percentages are only theuse to increase production initial stimulus. Higher blends are already feasible in engines. 2010 on Jul/09 – Dec/09 Blend: min. 5% Jul/08 – Jun/09 Blend: min. 4% Blend: min. 3% 1st Sem/08 Blend: min. 2% 2005 – 2007 Blend: up to 2% Production growth shows the success of the program Source: ANP. (1) Forecast considers B5 in 2010.
  7. 7. BRASIL ECODIESEL S.A. Brazilian Biodiesel Market The Company Strategy Results – 1Q10 Perspectives
  8. 8. BRASIL ECODIESEL S.A. | The Company- Brasil Ecodiesel on the map Brasil Ecodiesel on the map Biodiesel Plants Farms
  9. 9. BRASIL ECODIESEL S.A. | The Company – Board of Administration and Officers Board Members Main ExecutivesName / Position Age Name / Position AgeCarlos Antonio Rocca Mauro A. Cerchiari 69 56Chairman and Independent Board Member Chief Executive Officer (CEO) Joel Mendes Rennó Charles Mann de Toledo 72 51 Vice-Chairman Investors Relations and New Businesses OfficerMauro Fernando Maria Arruda Eduardo de Come 63 44Board Member Chief Financial Officer (CFO)Silvio Tini de Araújo Guilherme Augusto Raposo 63 43Board Member Operations OfficerJose Ferraz Ferreira Filho Expedito Parente Júnior 63 29Board Member Industrial OfficerMarco Antonio Moura de CastroBoard Member 56 Corporate GovernanceWagner Pinheiro de Oliveira  All common shares with equal voting rights 47Independent Board Member  Tag-Along of 100%  None of the board members are executives  Active Fiscal Council
  10. 10. BRASIL ECODIESEL S.A. | The Company - Restructuring Recent Past - Restructuring
  11. 11. BRASIL ECODIESEL S.A. | The Company – Fulfillment of Contracts Evolution Fulfillment of Contracts with Petrobras
  12. 12. BRASIL ECODIESEL S.A. Brazilian Biodiesel Market The Company Strategy Results – 1Q10 Perspectives
  13. 13. BRASIL ECODIESEL S.A. | The Company – Strategic Direction for the next 5 years Biodiesel Scenario: “Higher demand for biodiesel , more control of Strategic vegetable oil supply, and less interference of the Direction government.” STRATEGIC EQUITIES OPERATIONAL FIXED INCOME DIVESTMENT SERVICES Long Term Short Term Idle Assets Search for alternative raw materials  Reallocation of Floriano and Crateús idle assets  Selling our farms in Piauí, Ceará and Minas Gerais and the crushing units equipments from Porto states  Viability studies of Jatropha Curcas Nacional plantations in BA, MS and other  Selling of Crateús crushing unit locations.  Activate Iraquara and São Luiz Gonzaga’s crushing units.  Search partners for the development of R&D in the agricultural area  Project to improve industrial efficiency Search for raw material supply partnerships for  Social Fuel Stamp (Selo Combustível Social) - the short and medium terms. work with more advanced forms of Family Farming organizations Corporate Restructuring – Headquarters and organizational  Search for long term financing Redefinition of the Corporate Image Creation of the Company’s industrial R&D Monitoring M&A opportunities in the market
  14. 14. BRASIL ECODIESEL S.A. Brazilian Biodiesel Market The Company Strategy Results – 1Q10 Perspectives
  15. 15. BRASIL ECODIESEL S.A. | Results – 2009 Highlights Net Revenue of R$149.4 million and Adjusted Net Revenue(*) of R$138.5 million in 1Q10 Net Income of R$14.3 million with EBITDA of R$23.4 million Adjusted Net Income(*) of R$7.5 million and Adjusted EBITDA(*) of R$12.65 million in 1Q10 EBITDA Margin of 16.9% and Adjusted EBITDA Margin(*) of 9.1% in 1Q10 Reduction in indebtedness from R$66.5 million (4Q09) to R$65.8 million (1Q10); Increase of 29.7% in net cash, from R$37.3 million (4Q09) to R$48.2 million (1Q10); Announcement of the Company’s strategic positioning for the next 5 years
  16. 16. BRASIL ECODIESEL S.A. | Results– 4Q09 Results (*) Excludes non-recurring revenue in the amount of R$10.8 million, resulting from accumulated ICMS tax benefits, pursuant to CPC07 (see Explanatory Note 22 to the Financial Statements).
  17. 17. BRASIL ECODIESEL S.A. | Results – Revenue, Costs and Expenses (*) Excludes non-recurring revenue in the amount of R$10.8 million, resulting from accumulated ICMS tax benefits, pursuant to CPC07 (see Explanatory Note 22 to the Financial Statements).
  18. 18. BRASIL ECODIESEL S.A. | Results – Debt position
  19. 19. BRASIL ECODIESEL S.A. | Results – Net Profit (a) Excludes other expenses not directly related to operating, non-recurring expenses and Strategic Rerouting Adjustments in the amount of R$93.15 million (see Explanatory Note 24 to the 4Q09 Financial Statements). (b) Excludes non-recurring revenue in the amount of R$10.8 million, resulting from accumulated ICMS tax benefits, pursuant to CPC07 (see Explanatory Note 22 to the Financial Statements).
  20. 20. BRASIL ECODIESEL S.A. | Results – EBITDA (a) Excludes other expenses not directly related to operating, non-recurring expenses and Strategic Rerouting Adjustments in the amount of R$93.15 million (see Explanatory Note 24 to the 4Q09 Financial Statements). (b) Excludes non-recurring revenue in the amount of R$10.8 million, resulting from accumulated ICMS tax benefits, pursuant to CPC07 (see Explanatory Note 22 to the Financial Statements).
  21. 21. BRASIL ECODIESEL S.A. | Results – Prices and Financial Volume Evolution Price Evolution Financial Volume Ibovespa x Ecod3 Ecod3 (100 basis in Jan/09) (in million reais) 12 M Average – R$38million
  22. 22. BRASIL ECODIESEL S.A. | Results – Market Cap and Shareholding Structure Market Cap: Shareholding Structure (%) (05/10/2010) (03/31/2010) R$ 761,511,163.35 Number of Shares: 725,248,727 Number of shareholders: 26,385
  23. 23. BRASIL ECODIESEL S.A. | The Company – Index and ETF Participation in the main index/ETF: PRESENT PERSPECTIVES • IBOVESPA • Carbon Efficient Index • IBRX50 • IBX • IGCX • ITAG • SMLL • IVBX2 • ETF – BlackRock (New York)
  24. 24. BRASIL ECODIESEL S.A. Brazilian Biodiesel Market The Company Strategy Results – 1Q10 Perspectives
  25. 25. BRASIL ECODIESEL S.A. | Perspectives for the Brazilian Biodiesel Sector 100% increase in the current Metropolitan biodiesel demand B20 (2.5 billion liters) Aggressive goals in International UBRABIO Europe are a future Biodiesel Perspectives B20 until 2015 initiativeopportunity for Brazilian Market producers Proposition already Diesel cars approved by a Senate Commission
  26. 26. BRASIL ECODIESEL S.A.BRASIL ECODIESEL S.A. Investor Relations Phone: 55 21 2546-5031 NBome ri@brasilecodiesel.com.br www.brasilecodiesel.com.br

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