1) TIM Participações reported strong financial and operational results for 1Q06, with net service revenue growth of 21% YoY.
2) The company grew its customer base by 43% YoY to over 21 million lines, maintaining leadership in postpaid additions.
3) EBITDA increased 58% YoY to R$518 million due to revenue growth and cost controls, with the EBITDA margin expanding by 6 percentage points to 24%.
TIM Participações S.A. continued to outperform the mobile market in Brazil in 4Q06 and 2006. The company grew its total client base by 26% in 2006, capturing 38.2% of net additions. TIM narrowed the gap to the largest competitor to only 3.7 percentage points in market share. The company achieved a positive net profit in 4Q06 and 67.8% EBITDA growth for 2006. TIM maintained its leadership in the business segment with a 30% market share through innovative solutions targeting market needs.
TIM Participações S.A. reported its 3Q07 results. Key highlights included:
- Solid market growth with total lines increasing 17.6% YoY and market penetration reaching 59.4%. TIM gained market share and reached 29.8% of the postpaid segment.
- Financial results showed continuous net service revenue growth of 16.3% YoY and EBITDA margin expansion. However, EBITDA was impacted by a one-time R$173 million write-off related to updating billing systems.
- Commercial strategies focused on convergent offers, innovation, and reducing costs. A new low-cost prepaid brand was launched to expand the addressable market.
TIM Participações S.A. reported strong third quarter 2006 results, with continued growth in key metrics. Service revenue grew 38% year-over-year through commercial strategies focusing on high-value customers. ARPU remained stable at R$30.2 despite regulatory changes, while acquisition costs declined. EBITDA margin expanded to 24.6% due to revenue growth and cost efficiencies. Net income increased substantially year-over-year, demonstrating profitable growth through leadership in innovation and customer-centric strategies.
1) Whirlpool Corporation saw declines in sales, units shipped, and operating profit in Q4 2008 compared to Q4 2007, with net sales down 19% and operating profit down nearly 97%.
2) For the full year 2008, Whirlpool's sales and earnings were also down compared to 2007, with units shipped down 5.1% and earnings from continuing operations down 35.3%.
3) Whirlpool's North America segment experienced the largest declines, with Q4 net sales down nearly 18% and operating profit down over 111% compared to the previous year.
Tim Participações S.A. announced its results for the third quarter of 2008. Some key highlights include:
- Total subscriber base reached 35.2 million users, a 20.7% growth over the prior year. TIM maintained a 25% market share.
- Service revenue grew 6.5% year-over-year to R$3,066 million. EBITDA was R$800 million, a margin of 23.8%.
- In September, TIM launched its fixed service brand TIM Fixo, an important step in its convergent strategy.
- The total debt was R$4.1 billion and cash position was R$1.4 billion,
S394 Presentation to NC Senate Finance Committee 4/3/2013PublicFinanceTV
Senate Bill 394 proposes lowering tax rates in North Carolina to make the tax system more competitive, simpler, and fairer. It aims to lower major tax rates like personal income, corporate, and sales taxes while keeping the plan revenue-neutral. The current tax system relies too heavily on volatile sources like corporate income tax and the non-withholding portion of personal income tax. The sales tax base has also been shrinking as a percentage of the overall economy.
PHARMA Market Elements of Growth (MEGR)Walid Saafan
For PHARMA professionals: How you can identify and follow-up the market growth (total market or specific corporate)?
Growth elements are: New brands, new packs, price increase, volume and others.
A comprehensive market intelligence.
- Localiza reported an 8.5% increase in net income for 2Q05 compared to 2Q04, reaching R$31.4 million with EPS of R$0.50. EBITDA grew 35% to R$59.5 million.
- Business volumes grew significantly across segments: 43% for car rentals and 12% for fleet rentals. The company also completed a debentures issuance of R$350 million and an IPO.
- Financial highlights showed growth in key metrics like net revenue, EBITDA and net income, demonstrating the company's strong performance.
TIM Participações S.A. continued to outperform the mobile market in Brazil in 4Q06 and 2006. The company grew its total client base by 26% in 2006, capturing 38.2% of net additions. TIM narrowed the gap to the largest competitor to only 3.7 percentage points in market share. The company achieved a positive net profit in 4Q06 and 67.8% EBITDA growth for 2006. TIM maintained its leadership in the business segment with a 30% market share through innovative solutions targeting market needs.
TIM Participações S.A. reported its 3Q07 results. Key highlights included:
- Solid market growth with total lines increasing 17.6% YoY and market penetration reaching 59.4%. TIM gained market share and reached 29.8% of the postpaid segment.
- Financial results showed continuous net service revenue growth of 16.3% YoY and EBITDA margin expansion. However, EBITDA was impacted by a one-time R$173 million write-off related to updating billing systems.
- Commercial strategies focused on convergent offers, innovation, and reducing costs. A new low-cost prepaid brand was launched to expand the addressable market.
TIM Participações S.A. reported strong third quarter 2006 results, with continued growth in key metrics. Service revenue grew 38% year-over-year through commercial strategies focusing on high-value customers. ARPU remained stable at R$30.2 despite regulatory changes, while acquisition costs declined. EBITDA margin expanded to 24.6% due to revenue growth and cost efficiencies. Net income increased substantially year-over-year, demonstrating profitable growth through leadership in innovation and customer-centric strategies.
1) Whirlpool Corporation saw declines in sales, units shipped, and operating profit in Q4 2008 compared to Q4 2007, with net sales down 19% and operating profit down nearly 97%.
2) For the full year 2008, Whirlpool's sales and earnings were also down compared to 2007, with units shipped down 5.1% and earnings from continuing operations down 35.3%.
3) Whirlpool's North America segment experienced the largest declines, with Q4 net sales down nearly 18% and operating profit down over 111% compared to the previous year.
Tim Participações S.A. announced its results for the third quarter of 2008. Some key highlights include:
- Total subscriber base reached 35.2 million users, a 20.7% growth over the prior year. TIM maintained a 25% market share.
- Service revenue grew 6.5% year-over-year to R$3,066 million. EBITDA was R$800 million, a margin of 23.8%.
- In September, TIM launched its fixed service brand TIM Fixo, an important step in its convergent strategy.
- The total debt was R$4.1 billion and cash position was R$1.4 billion,
S394 Presentation to NC Senate Finance Committee 4/3/2013PublicFinanceTV
Senate Bill 394 proposes lowering tax rates in North Carolina to make the tax system more competitive, simpler, and fairer. It aims to lower major tax rates like personal income, corporate, and sales taxes while keeping the plan revenue-neutral. The current tax system relies too heavily on volatile sources like corporate income tax and the non-withholding portion of personal income tax. The sales tax base has also been shrinking as a percentage of the overall economy.
PHARMA Market Elements of Growth (MEGR)Walid Saafan
For PHARMA professionals: How you can identify and follow-up the market growth (total market or specific corporate)?
Growth elements are: New brands, new packs, price increase, volume and others.
A comprehensive market intelligence.
- Localiza reported an 8.5% increase in net income for 2Q05 compared to 2Q04, reaching R$31.4 million with EPS of R$0.50. EBITDA grew 35% to R$59.5 million.
- Business volumes grew significantly across segments: 43% for car rentals and 12% for fleet rentals. The company also completed a debentures issuance of R$350 million and an IPO.
- Financial highlights showed growth in key metrics like net revenue, EBITDA and net income, demonstrating the company's strong performance.
1. Cia. Hering reported strong growth in 1Q11, with gross sales up 44.8% and net profit increasing 73.7%.
2. Same store sales in the Hering store chain grew 23.4% due to increases in average sales price and store traffic.
3. Despite pressure from rising raw material costs, EBITDA margin expanded 2.6 percentage points to 26.8% through operational leverage and expense management.
Brief outline of my experience in PHARMA, the methodology and tools were applied to two of the world pharmaceutical corporations locally and regionally.
The model can be adopted on the organization's structure and needs.
Detail requests are welcomed.
Morgan Stanley - 12th Annual London-based Latin American Conference (14 a 15-...CPFL RI
The document provides an overview of the Brazilian energy market and highlights of CPFL Energia, the largest private company in the sector.
The key points are:
1) The Brazilian energy market is concentrated among a few large players and state-owned companies control 70% of generation assets and 34% of the market share.
2) CPFL Energia is the largest private company in distribution and commercialization with a 13% market share. It has expanded significantly through acquisitions in recent years.
3) CPFL Energia has a 100% hydroelectric generation portfolio with long-term contracts. It is expanding into biomass generation through its subsidiary CPFL Bioenergia.
- The company reported financial results for the third quarter of 2009, with net revenue of R$891 million and EBITDA of R$218 million.
- Pulp production was 660 thousand tons, down slightly from the previous quarter. Pulp sales volume was 399 thousand tons.
- Paper production was also down quarter-over-quarter, and paper sales volume was 262 thousand tons, with domestic sales accounting for 59% of total paper sales.
- Overall the company saw higher net income compared to the previous year, with continued reduction of debt levels.
The document summarizes Cia. Hering's 2Q10 conference call. Some key highlights include gross revenue growing 46.5% to R$306.7 million and EBITDA margin reaching 27.4% at R$69.3 million. The company plans to expand its Hering store chain to 325 stores by end of 2010. Cia. Hering also revised its 2010 capex forecast upwards to R$86.7 million to meet market demands. The outlook projects further growth in total sales and same-store sales for Hering stores, as well as expanding into the children's market.
Intact Financial Corporation presented an investor presentation in March 2010. The presentation highlighted Intact as the dominant property and casualty insurer in Canada, with over $4 billion in direct premiums written. Intact has substantial size and scale advantages over its competitors due to its market share leadership positions in key provinces and a track record of successful acquisitions. The presentation also noted Intact's consistent outperformance of the P&C insurance industry over 10 years in areas like premium growth, combined ratio, and return on equity. Intact aims to continue its strong organic growth through its large broker network and by targeting the growing 50+ demographic market.
capital onePrinter Friendly Version of the Conference Call Presentationfinance13
- Fourth quarter 2008 results showed a loss due to higher provision expense and a goodwill write-down. The losses were driven by deterioration in credit performance as economic conditions worsened.
- Credit losses and delinquency rates increased across all lending segments as unemployment rose. The allowance for loan losses was increased substantially.
- Deposits grew significantly while margins declined due to credit costs and mix shift to lower-yielding assets. Expenses declined due to cost management efforts.
- An impairment charge was taken for goodwill in the Auto Finance segment. The balance sheet and liquidity remain strong despite the difficult environment.
Piaggio Group reported a 3.3% increase in net sales to €351.7 million for the first quarter of 2011 compared to the same period last year. EBITDA grew 6.1% to €33.7 million, representing a 9.6% margin. Net income increased 4.1% to €3 million, maintaining an 0.8% margin on sales. Volumes were up 3.7% overall to 149,000 units sold, with strong growth in the Commercial Vehicles India segment.
Pemerintah berupaya memenuhi kebutuhan obat antiretroviral (ARV) bagi penderita HIV/AIDS dengan memproduksi sendiri. Namun produk obat ARV dalam negeri belum lolos uji prakualifikasi Organisasi Kesehatan Dunia. Pemerintah akan membantu perusahaan farmasi nasional agar obatnya segera lolos standar WHO sehingga dapat menjadi pemasok ARV dalam negeri dengan harga terjangkau.
This document proposes a draft noise mitigation plan for Fort Lauderdale-Hollywood International Airport following the expansion of Runway 9R/27L. The plan proposes three voluntary programs: 1) a residential sound insulation program to insulate 961 homes in high noise areas, estimated to cost $116 million, 2) acquisition of two mobile home parks and relocation of residents at an estimated cost of $64.5 million, and 3) a sales assistance program to help homeowners in high noise areas sell properties for $46 million. The total estimated cost is $226 million. The plan aims to mitigate noise impacts through insulation and relocation prior to the runway expansion, while maintaining neighborhood integrity and stability. It recommends sound
PivotalPoint is a veteran and woman owned small business providing management consulting services in IT, telecommunications, and federal acquisition. They have over 78 years of combined experience working with the federal government. Services include network engineering, project management, security, and data management. Past clients include AT&T, Qwest, and the Office of Personnel Management. PivotalPoint partners with other small businesses and technology companies to enhance their capabilities.
The document is a request to the City Commission for variances to allow larger wall signage for a commercial property. It requests to allow 2 square feet of sign area per linear foot of tenant frontage, rather than the code's 1 square foot. It also requests a side wall sign not facing a right of way. The Planning and Zoning Board and staff recommended approval, with signs limited to individually illuminated channel letters.
A document describes a marking made on 01/16/2012 at 10:31 pm near a house where deer were last sighted. The marking was located at GPS coordinates 4300.68088, N, 7847.59152, W in Creekside Village W on the UB North Campus. The marking was made by Albis Del Barrio, a 24 year old male who provided his contact information.
The document outlines an agenda for a noise mitigation program including program setup, a pilot phase testing solutions on 10 homes, expanding to 34 additional homes in group 2, and challenges faced including building code approval, easement approvals, unique home features, weather, and a contractor tragedy. The program setup involved policies, procedures, city requirements, forms, a database, and an office. The pilot phase tested acoustic testing, product selection, and mechanical solutions on 10 homes to inform expanding to 34 homes where door products would also be considered.
The applicant is requesting a two-year extension to construct a 9,277 square foot office building, due to delays from the poor economy. There are currently four office buildings on the site. A fifth office building is proposed, and improvements are planned for the existing buildings and site. City staff is recommending approval of the two-year extension and site plan, provided the applicant addresses comments regarding landscaping, fire hydrants, and other site details.
The City of Dania Beach is requesting variances to allow a vacant gravel lot located 450 feet from City Hall to be used as temporary, off-site parking for city employees during the construction of the city library and parking garage. The variances are needed because code requires off-site parking to be within 300 feet and for the parking area to have a hard surface. The gravel lot can accommodate at least 42 parking spaces to replace those lost during construction. The city plans to secure the area with a fence and have police surveillance while the lot is in use.
This document discusses the French verb "aller" which means "to go" and how it is conjugated in the present tense. It provides examples of using "aller" to express that you are going somewhere now or will go somewhere later by adding an infinitive verb after the conjugated form of "aller". It also gives sample sentences combining "aller" with common infinitive verbs like ecouter, voir, manger, and provides the question "How would you say 'He is going to read the book'?"
1. Cia. Hering reported strong growth in 1Q11, with gross sales up 44.8% and net profit increasing 73.7%.
2. Same store sales in the Hering store chain grew 23.4% due to increases in average sales price and store traffic.
3. Despite pressure from rising raw material costs, EBITDA margin expanded 2.6 percentage points to 26.8% through operational leverage and expense management.
Brief outline of my experience in PHARMA, the methodology and tools were applied to two of the world pharmaceutical corporations locally and regionally.
The model can be adopted on the organization's structure and needs.
Detail requests are welcomed.
Morgan Stanley - 12th Annual London-based Latin American Conference (14 a 15-...CPFL RI
The document provides an overview of the Brazilian energy market and highlights of CPFL Energia, the largest private company in the sector.
The key points are:
1) The Brazilian energy market is concentrated among a few large players and state-owned companies control 70% of generation assets and 34% of the market share.
2) CPFL Energia is the largest private company in distribution and commercialization with a 13% market share. It has expanded significantly through acquisitions in recent years.
3) CPFL Energia has a 100% hydroelectric generation portfolio with long-term contracts. It is expanding into biomass generation through its subsidiary CPFL Bioenergia.
- The company reported financial results for the third quarter of 2009, with net revenue of R$891 million and EBITDA of R$218 million.
- Pulp production was 660 thousand tons, down slightly from the previous quarter. Pulp sales volume was 399 thousand tons.
- Paper production was also down quarter-over-quarter, and paper sales volume was 262 thousand tons, with domestic sales accounting for 59% of total paper sales.
- Overall the company saw higher net income compared to the previous year, with continued reduction of debt levels.
The document summarizes Cia. Hering's 2Q10 conference call. Some key highlights include gross revenue growing 46.5% to R$306.7 million and EBITDA margin reaching 27.4% at R$69.3 million. The company plans to expand its Hering store chain to 325 stores by end of 2010. Cia. Hering also revised its 2010 capex forecast upwards to R$86.7 million to meet market demands. The outlook projects further growth in total sales and same-store sales for Hering stores, as well as expanding into the children's market.
Intact Financial Corporation presented an investor presentation in March 2010. The presentation highlighted Intact as the dominant property and casualty insurer in Canada, with over $4 billion in direct premiums written. Intact has substantial size and scale advantages over its competitors due to its market share leadership positions in key provinces and a track record of successful acquisitions. The presentation also noted Intact's consistent outperformance of the P&C insurance industry over 10 years in areas like premium growth, combined ratio, and return on equity. Intact aims to continue its strong organic growth through its large broker network and by targeting the growing 50+ demographic market.
capital onePrinter Friendly Version of the Conference Call Presentationfinance13
- Fourth quarter 2008 results showed a loss due to higher provision expense and a goodwill write-down. The losses were driven by deterioration in credit performance as economic conditions worsened.
- Credit losses and delinquency rates increased across all lending segments as unemployment rose. The allowance for loan losses was increased substantially.
- Deposits grew significantly while margins declined due to credit costs and mix shift to lower-yielding assets. Expenses declined due to cost management efforts.
- An impairment charge was taken for goodwill in the Auto Finance segment. The balance sheet and liquidity remain strong despite the difficult environment.
Piaggio Group reported a 3.3% increase in net sales to €351.7 million for the first quarter of 2011 compared to the same period last year. EBITDA grew 6.1% to €33.7 million, representing a 9.6% margin. Net income increased 4.1% to €3 million, maintaining an 0.8% margin on sales. Volumes were up 3.7% overall to 149,000 units sold, with strong growth in the Commercial Vehicles India segment.
Pemerintah berupaya memenuhi kebutuhan obat antiretroviral (ARV) bagi penderita HIV/AIDS dengan memproduksi sendiri. Namun produk obat ARV dalam negeri belum lolos uji prakualifikasi Organisasi Kesehatan Dunia. Pemerintah akan membantu perusahaan farmasi nasional agar obatnya segera lolos standar WHO sehingga dapat menjadi pemasok ARV dalam negeri dengan harga terjangkau.
This document proposes a draft noise mitigation plan for Fort Lauderdale-Hollywood International Airport following the expansion of Runway 9R/27L. The plan proposes three voluntary programs: 1) a residential sound insulation program to insulate 961 homes in high noise areas, estimated to cost $116 million, 2) acquisition of two mobile home parks and relocation of residents at an estimated cost of $64.5 million, and 3) a sales assistance program to help homeowners in high noise areas sell properties for $46 million. The total estimated cost is $226 million. The plan aims to mitigate noise impacts through insulation and relocation prior to the runway expansion, while maintaining neighborhood integrity and stability. It recommends sound
PivotalPoint is a veteran and woman owned small business providing management consulting services in IT, telecommunications, and federal acquisition. They have over 78 years of combined experience working with the federal government. Services include network engineering, project management, security, and data management. Past clients include AT&T, Qwest, and the Office of Personnel Management. PivotalPoint partners with other small businesses and technology companies to enhance their capabilities.
The document is a request to the City Commission for variances to allow larger wall signage for a commercial property. It requests to allow 2 square feet of sign area per linear foot of tenant frontage, rather than the code's 1 square foot. It also requests a side wall sign not facing a right of way. The Planning and Zoning Board and staff recommended approval, with signs limited to individually illuminated channel letters.
A document describes a marking made on 01/16/2012 at 10:31 pm near a house where deer were last sighted. The marking was located at GPS coordinates 4300.68088, N, 7847.59152, W in Creekside Village W on the UB North Campus. The marking was made by Albis Del Barrio, a 24 year old male who provided his contact information.
The document outlines an agenda for a noise mitigation program including program setup, a pilot phase testing solutions on 10 homes, expanding to 34 additional homes in group 2, and challenges faced including building code approval, easement approvals, unique home features, weather, and a contractor tragedy. The program setup involved policies, procedures, city requirements, forms, a database, and an office. The pilot phase tested acoustic testing, product selection, and mechanical solutions on 10 homes to inform expanding to 34 homes where door products would also be considered.
The applicant is requesting a two-year extension to construct a 9,277 square foot office building, due to delays from the poor economy. There are currently four office buildings on the site. A fifth office building is proposed, and improvements are planned for the existing buildings and site. City staff is recommending approval of the two-year extension and site plan, provided the applicant addresses comments regarding landscaping, fire hydrants, and other site details.
The City of Dania Beach is requesting variances to allow a vacant gravel lot located 450 feet from City Hall to be used as temporary, off-site parking for city employees during the construction of the city library and parking garage. The variances are needed because code requires off-site parking to be within 300 feet and for the parking area to have a hard surface. The gravel lot can accommodate at least 42 parking spaces to replace those lost during construction. The city plans to secure the area with a fence and have police surveillance while the lot is in use.
This document discusses the French verb "aller" which means "to go" and how it is conjugated in the present tense. It provides examples of using "aller" to express that you are going somewhere now or will go somewhere later by adding an infinitive verb after the conjugated form of "aller". It also gives sample sentences combining "aller" with common infinitive verbs like ecouter, voir, manger, and provides the question "How would you say 'He is going to read the book'?"
The document summarizes a request for a special exception to allow a new 100-foot telecommunication tower to be constructed on vacant land south of 3251 SW 26th Terrace. The tower would be disguised as a flag pole and enclosed with landscaping and an 8-foot wall. More than one user would utilize the structure, necessitating the 100-foot height. On December 16, 2009 the Planning and Zoning Board recommended approval, and staff recommends approval if FAA approval is obtained for the location and height.
Influencer Marketing: From Content to CommerceTrepoint
The Digital Path to Purchase is ever changing, but in this presentation Trepoint CEO Bill Carmody shows you how you can track and measure the effectiveness of your content marketing. What's the ROI of your influencer marketing? Don't guess. Build the measurements you need to succeed.
This document provides an overview of TIM Brasil and its performance in a meeting with investors.
1) TIM Brasil is a major Brazilian telecommunications company with over 70 million customers, 11,000 employees, and a network covering over 94% of the urban population.
2) The mobile business in Brazil is driving sector growth, with increasing family income and consumption supporting demand. However, voice and data usage remains relatively low compared to other markets.
3) TIM Brasil reported resilient operational and financial results in 4Q12 despite macroeconomic headwinds, regulatory scrutiny, and increased competition. Key metrics like customer base, minutes of usage, and data usage grew strongly year-over-
The document provides an overview of TIM Brasil's second quarter 2015 highlights and strategic priorities. Some key points:
- Revenues declined 1.4% year-over-year due to macroeconomic challenges and lower mobile termination rates, though data revenues grew strongly.
- EBITDA margins improved thanks to cost cutting initiatives and towers sales.
- TIM maintained investments in 4G infrastructure expansion to support continued growth in high-value postpaid and fixed broadband customers.
- The company is focusing on protecting and increasing the value of its customer base through segmented offers and improving customer experience.
TIM Participações S.A. reported strong results for 2Q06, with over 1.3 million net subscriber additions reaching a base of 22.3 million. Financial performance was also positive, with net service revenues growing 20% year-over-year and EBITDA increasing 73.4% to R$500 million. Key regulatory outcomes included the exclusion of partial bill and keep interconnection rates and the introduction of peak and off-peak rates for long distance calls, while Anatel will define costs and implementation for number portability and 3G licenses.
TIM Participações S.A. reported strong financial results for 1Q07, with continued growth in the challenging Brazilian mobile market. Key highlights include:
1) Solid revenue growth of 44% YoY for net service revenue, driven by 40% growth in VAS net revenue.
2) Superior subscriber growth of 25.2% YoY outpaced the market growth of 14.3%. TIM achieved 40.1% of the market's incremental subscriber additions in 1Q07.
3) EBITDA increased 44% YoY and the EBITDA margin expanded to 23.8%, aligned with the company's annual guidance despite investments in the business.
ConferêNcia Bear Stearns 2006 Telecom & MíDia AméRica Do Sul EnTIM RI
TIM Participações S.A. is Brazil's sole fully integrated nationwide mobile operator with a 24.9% market share. It has rapidly grown its customer base to 23.6 million subscribers and closed the market share gap with the leading player. TIM focuses on innovation through offerings like TIM Casa and targets high value customers. It has combined strong top-line growth with healthy margin expansion through its leading position, commercial strategy emphasizing value-added services and distribution, and caring customer experience.
TIM Participações S.A. reported its 4Q07 and full year 2007 results. Key highlights included meeting or exceeding all 2007 targets, with total net revenues growing 14.6% and mobile subscriber base reaching 31.3 million. TIM maintained its leading market share of mobile subscribers at 25.8% and reported a positive net income in 4Q07 and for the full year 2007. The company continued to expand its commercial strategy through convergence offers and low-cost plans, while optimizing sales channels and reducing subscriber acquisition costs.
1) TIM Participações S.A. announced its consolidated results for the first quarter of 2005, with revenues of R$882.8 million, a 17.7% increase over the first quarter of 2004. EBITDA was R$249.2 million, a 15.4% increase.
2) The company served 5,943,852 cellular customers as of the end of the first quarter of 2005, a 33.4% increase over the same period in 2004. Net additions totaled 287,254 customers in the quarter.
3) GSM coverage reached 86.1% of the urban population in areas served. Migration from TDMA to GSM technology accelerated, with 138,
This document summarizes TIM Participações S.A.'s consolidated results for the fourth quarter and full year of 2005. Some key highlights include:
- Customer base reached 7.5 million at the end of 2005, up 32.8% over 2004.
- Net service revenue totaled R$2.4 billion for 2005, a 14.6% increase over 2004. Fourth quarter net service revenue was R$656.6 million, up 11.2% and 7% compared to fourth quarter and third quarter of 2004, respectively.
- EBITDA for 2005 was R$1.01 billion, a 14.3% increase over 2004, with an EBITDA margin of 34.
The document is a summary of WEG's Q3 2009 conference call discussing financial results. It notes that while the downturn was swift, recovery is gradual. Gross revenues were down 14% year-over-year due to impacts across markets, though margins are recovering faster through improved efficiency. Quarterly highlights show decreases in gross operating revenue but increases in gross margin and net income. Cost reductions and mix improvements helped profitability. Cash generation was strong and debt levels decreased. Capacity expansion investments continued with strict controls to maximize returns. Contact information is provided for further questions.
CCR reported strong financial results for 3Q05, with net revenues increasing 32.1% and EBITDA growing 43.7% compared to 3Q04. Traffic across CCR's concessions increased 19.6% overall despite high interest rates. Total costs remained well controlled, demonstrating continued operating efficiency. The company also benefited from a reversal of a fiscal provision. CCR remains focused on cost control and has diversified sources of long-term funding to support new growth opportunities.
1) TIM Participações S.A. reported a 23.7% year-over-year growth in clients in 1Q08, maintaining its market share focus on valuable customers. Revenue grew 6.6% year-over-year while EBITDA declined due to additional bad debt provisions.
2) The mobile market in Brazil continued its strong growth in 2008, driven by credit expansion and increased purchasing power. TIM maintained its competitive positioning with resilient market share.
3) TIM launched its 3G+ service, providing a new experience for innovative value-added services, and maintained its strategy of promoting on-net traffic and cross-selling convergent offers.
This document provides an overview of TIM Participacoes S.A.'s 4Q08 results and re-launch plan. Key highlights include:
1) TIM's subscriber base grew to 36.4 million lines in 4Q08 mainly from pre-paid growth, while post-paid lines declined. Revenue grew 4% YoY but below expectations.
2) TIM operates in a large and competitive Brazilian mobile market. It has strong network fundamentals but has lost some market share and top-of-mind preference.
3) TIM's re-launch plan aims to reposition the brand, launch new offerings, improve customer caring and sales, optimize the network, and transition to
This document summarizes the financial performance of Cia. Hering in the first quarter of 2010. Some key highlights include total gross revenue increasing 38.2% to R$233.8 million, same-store sales growth of 26.6% in Hering stores, EBITDA up 126.5% to R$47.2 million with margins expanding to 24.3%, and free cash flow of R$77 million for the quarter. Forward-looking projections are based on management assumptions and depend on market conditions and economic performance.
This document provides an overview of TIM Participacoes S.A.'s operational results for 4Q08 compared to previous periods. Some key highlights include:
- Total subscriber lines grew 3.4% quarter-over-quarter and 16.5% year-over-year to 36.4 million lines.
- Prepaid lines increased 5.1% quarter-over-quarter and 21.8% year-over-year while postpaid lines decreased 3.7% quarter-over-quarter and 3.0% year-over-year.
- Market share declined slightly to 24.2% while the total wireless subscriber base in Brazil grew over 24.5% year-over-year.
This document provides financial results and outlook for Monsanto for the fourth quarter and fiscal year 2008. Key points include:
- Net sales increased 35% in Q4 2008 and 36% for fiscal year 2008 compared to the prior year.
- Gross profit increased 49% in Q4 2008 and 46% for fiscal year 2008.
- Diluted EPS on an ongoing basis increased 83% in Q4 2008 and 84% for fiscal year 2008.
- Over 70% of $2.8 billion in operating cash generated in fiscal 2008 was invested in acquisitions, technology, and capital expenditures.
This document provides financial results for Monsanto Company for the fourth quarter and full fiscal year of 2008. Key highlights include net sales increasing 35% in the fourth quarter and 36% for the full fiscal year compared to the previous year. Gross profit increased 49% in the fourth quarter and 46% for the full fiscal year. Diluted earnings per share on an ongoing basis increased 83% in the fourth quarter and 84% for the full fiscal year. Over 70% of the $2.8 billion in operating cash generated in fiscal year 2008 was invested in acquisitions, technology, and capital expenditures.
- Tempo Assist saw growth in its health, dental, and assistance segments in 2009 through acquisitions and new partnerships.
- Key events included implementing SAP, rebranding as Tempo Assist, and receiving approval for its Unibanco Saúde acquisition.
- The segments achieved increased revenues and beneficiaries. Dental and health saw particularly strong growth while maintaining stable costs.
The document summarizes TIM Participações S.A.'s consolidated financial results for the second quarter of 2005. Some key points:
1) TIM Participações reported record growth in its customer base which increased 35.1% year-over-year to 6.49 million customers.
2) Total gross revenue grew 19.1% to R$960.7 million driven by growth in both service and handset revenue.
3) EBITDA increased 19.6% to R$210.7 million and net income grew 80.9% to R$73.1 million, reflecting improved operational results.
4) The company continued expanding its GSM network coverage while reducing
Net revenues for Ideiasnet grew 31.2% in 2011. EBITDA grew 133.8% in 2011 due to increased revenues and margins. Net income reversed losses from 2010 with a profit of R$12.9 million in 2011. Liberty Media acquired a 5.1% stake in Ideiasnet, becoming a new shareholder. Ideiasnet also created EAX to bring its e-commerce investments under a single initiative.
- TIM Participações S.A. announced its results for the third quarter of 2005, with revenue growth of 13.6% compared to the third quarter of 2004.
- The company's client base reached 6.9 million, a 34.5% increase over the last twelve months. 58% of clients used GSM technology.
- Net service revenue totaled R$613.9 million, a 13.9% growth over the third quarter of 2004. EBITDA reached R$255.2 million, up 9.4% compared to the third quarter of 2004.
TIM Participações S.A. reported its results for the second quarter of 2007, continuing its market leading performance. It grew its customer base by 23% year-over-year to 27.5 million customers, with postpaid customers reaching 22% of its total base. TIM maintained its leadership in the business segment and net service revenue. Financially, TIM achieved solid growth in net service revenue and EBITDA margin expansion quarter-over-quarter and year-over-year. Going forward, TIM will continue focusing on high value customers and total communication solutions to drive further growth and profitability.
TIM Part - Apresentação Institucional - 2T20TIM RI
O documento fornece uma visão geral do mercado brasileiro de telecomunicações. Apresenta dados sobre a economia brasileira, classes sociais, desemprego, endividamento e confiança do consumidor, destacando os impactos da crise e da pandemia. Também compara o mercado brasileiro com outros países, mostrando que o Brasil possui a 5a maior base de clientes móveis do mundo, mas com oportunidade de melhorar o ARPU.
This document provides an overview of TIM Brasil, including its business segments, strategy, and financial highlights. It discusses TIM's position as a challenger operator in Brazil with national presence and the best 4G coverage. It also outlines TIM's fiber infrastructure and initiatives in connectivity solutions, IoT, and residential broadband. The document reviews TIM's 2019 financial results and highlights growth in revenue, EBITDA, margins, and TIM Live. It also discusses TIM's focus on ESG and digital inclusion programs.
The document is a presentation by TIM Brasil for investors that covers several topics:
- An overview of TIM Brasil including its history, financial results, and corporate governance practices.
- Analysis of the Brazilian mobile market trends showing a shift to mobile data and postpaid subscribers as well as network upgrades.
- TIM Brasil's positioning in the market with a focus on mobile, particularly growing its postpaid base, and its network and service investments.
- Highlights of TIM Brasil's financial and operational results and KPIs in recent years showing consistent growth above market averages.
This document is a presentation by TIM Brasil to investors in June 2020. It summarizes the impacts of COVID-19 on Brazil, including major economic impacts like a decline in GDP forecasts and a drop in retail sales. It also discusses government measures taken in response like assistance payments and tax relief. The presentation then discusses TIM's quick response to the pandemic to care for employees, customers, and society. It provides an overview of the mixed impacts on TIM's business so far and its strategic pillars for the future, including investing in infrastructure, pursuing disruptive efficiency, growing its mobile and ultra-broadband businesses, and developing new revenue sources.
This document provides an institutional presentation by TIM Brasil for the 1st quarter of 2020. It includes the following sections:
- About TIM - Provides an overview of TIM Brasil as an operator with national presence and best 4G coverage, as well as its fiber network, residential broadband, IoT, and financial highlights for 2019.
- Market Overview - Discusses the Brazilian market context, including the economic environment, consumer demographics, and trends showing increased data usage and prominence of internet/mobile services.
- Infrastructure - Will describe TIM's network infrastructure.
- Strategy and Positioning - Will outline TIM's strategic priorities and positioning.
- Operating Evolution -
O documento apresenta uma visão geral do mercado brasileiro de telecomunicações no 1T20. A economia brasileira enfrenta desafios como a lenta recuperação e o impacto da pandemia, mas o setor ainda é relevante globalmente e oferece oportunidades de crescimento de receita média por usuário. A apresentação também discute a dinâmica do consumidor brasileiro e suas classes sociais.
The document provides an overview of TIM Brasil's business as of April 2020. It discusses TIM's market positioning in Brazil as the country transitions to increased mobile internet and data usage. TIM has transformed its customer base from primarily prepaid to incorporating more postpaid subscribers. The presentation also outlines TIM's portfolio of mobile and home broadband products and services to address evolving customer needs.
TIM Brasil's 4Q19 institutional presentation provides an overview of the company, the Brazilian telecommunications market, TIM's strategy and financial results. Some key points:
- TIM is Brazil's second largest mobile service provider and has the best 4G network coverage nationwide. It is expanding its fiber network and residential broadband customer base.
- The Brazilian economy showed slow recovery in 2019 but structural drivers point to improving conditions. Mobile internet usage is growing while traditional fixed services decline.
- TIM's strategy focuses on leveraging infrastructure investments, expanding fiber broadband and driving digital transformation. In 4Q19 it achieved its highest ever EBITDA and margin as well as strong cash flow growth.
1) O documento apresenta os resultados financeiros da TIM Brasil no 4o trimestre de 2019.
2) Apresenta informações sobre a estrutura acionária, governança corporativa e compromisso com a sustentabilidade da empresa.
3) Fornece uma visão geral do mercado brasileiro de telecomunicações, incluindo dados sobre o cenário macroeconômico e tendências de consumo.
[1] O documento apresenta o plano estratégico da TIM Brasil para os anos de 2020 a 2022.
[2] O plano visa evoluir iniciativas já implementadas e transformar habilidades nos próximos 3 anos, focando em infraestrutura, eficiência disruptiva, móvel, banda larga fixa, novas fontes de receita e ESG.
[3] Detalha investimentos em rede móvel e fixa, transformação digital, eficiência de processos, mudança do foco de volume para valor no segmento móvel e
This document provides a summary of TIM Brasil's strategic plan for 2020-2022. The strategic plan has two pillars - evolve and transform. Under evolve, TIM aims to move from volume to value in mobile business and grow broadband with financial discipline. Under transform, TIM aims to implement new operating models, drive additional growth through adjacent markets, and focus on infrastructure, disruptive efficiency, mobile, UBB, new revenue sources, and ESG. The plan outlines initiatives across these areas around network expansion, IT transformation, efficiency improvements, and leveraging assets in new business areas like IoT and mobile advertising.
TIM Participações S.A. and its subsidiary TIM S.A. released an update to their 2020-2022 Strategic Plan and guidance. The update reaffirms commitments to (1) cost control measures to improve profitability and exceed a 40% EBITDA margin by 2022, (2) efficient capital allocation focused on network and IT infrastructure projects, and (3) continued expansion of cash generation by growing the EBITDA-CAPEX over revenues indicator above 20%. The strategic plan update is presented after TIM achieved many of its 2019-2021 plan goals despite a slower economic recovery than projected. The new plan targets mid-single digit service revenue growth and EBITDA growth annually through 2022.
O documento resume o plano estratégico 2020-2022 da TIM Participações S.A. e sua subsidiária TIM S.A. para os próximos 3 anos. O plano estratégico mantém os pilares de 2019-2021 com foco em (1) preparar a infraestrutura para o futuro com 5G e automação, (2) mudar do volume para o valor no negócio móvel, (3) capturar oportunidades de crescimento na banda larga fixa, e (4) aprimorar a eficiência para manter a liderança
This document provides an overview and summary of TIM Brasil's 3Q19 financial results. Some key highlights include:
- Service revenues grew 1.0% YoY in 3Q19, with gradual and continuous growth acceleration.
- EBITDA grew 6.8% YoY in 3Q19, with EBITDA margin expanding to 39.6% in 3Q19 from 37.9% in 3Q18.
- Solid cash generation with R$4.2 billion in service revenues and R$1.7 billion in EBITDA in 3Q19.
This document provides an overview and summary of TIM Brasil's company presentation from December 2019. The 3-sentence summary is:
TIM Brasil has transformed its customer base through migration from prepaid to postpaid plans, supporting revenue growth from prepaid declining and postpaid and other revenues increasing. The presentation outlines TIM's market positioning, recent financial results for 3Q19, and its strategic plan for 2019-2021 to further the customer base transformation and consolidate growth through investments in quality, price, and an expanded portfolio. Financial results for 3Q19 are presented on a pro forma basis excluding impacts from new IFRS accounting standard adoptions for comparability over time.
O documento apresenta os resultados financeiros da TIM Brasil no 3T19, discutindo sua posição no mercado, estratégia e desempenho operacional e financeiro. Apresenta também as perspectivas da empresa para o futuro.
TIM Brasil held an institutional presentation for the third quarter of 2019. The presentation provided an overview of TIM's business including its position in the Brazilian market, operational and financial highlights, and outlook. It noted that TIM is the #2 mobile service revenue operator in Brazil with national presence and the best 4G coverage. It also discussed the Brazilian telecommunications market trends including growing data usage and shift to postpaid plans. The presentation contained sections on TIM's strategy, operating and financial evolution, and future opportunities in areas like 5G and fiber broadband.
Tim Part's Presentation - CS 2019 TechFin & Telecom ConferenceTIM RI
1) TIM Participações discussed expanding into new markets like financial services and mobile advertising by leveraging its existing assets such as partnerships, sales channels, big data analytics, and billing capabilities.
2) TIM's prepaid digital wallet has over 33 million users transacting over R$513 million per month on telecom, content and other services. It is also expanding into microfinance and insurance.
3) TIM has a strong salesforce through its own shops and resellers, and its app has over 11 million users that help increase service acquisition and customer engagement.
This presentation provides an overview of TIM Brasil, the Brazilian telecommunications subsidiary of Telecom Italia. It summarizes TIM's solid financial and operational results in recent years, with growing revenue, EBITDA, and margins. It also outlines key trends in the Brazilian mobile market like increasing data usage and the transition to postpaid plans. Finally, it positions TIM as well-suited to capitalize on new demands through its fiber network and focus on customer experience as it executes a consolidation strategy from 2019-2021.
O documento apresenta uma visão geral do mercado brasileiro de telecomunicações e das tendências do setor. Apresenta dados sobre a população brasileira, situação econômica, mercado móvel global e hábitos dos consumidores, destacando o crescimento do uso de dados móveis e aplicativos.
3. Key Achievements
Improving the Corporate Structure
Status of Corporate Restructuring
On March 16th the shareholders meeting approved the TIM Celular merger with no contrary vote.
No shareholders exercise the withdrawal rights that ended on April 19th.
On May 4th. the Board approved a further step of our reorganization.
Current Structure Proposed Structure
TIM Participações
TIM Participações TIM Participações
100%
100% 100% 100%
TIM Celular
TIM Celular TIMNordeste TIM Sul
+ TIM Sul
100%
100%
TIM Maxitel
TIM Maxitel + TIM Nordeste
This transaction, that is being submitted to the Anatel approval will:
optimize even more the company’ structure allowing costs reduction related to the maintenance
of two separated legal entities; and,
accelerate the right to use the net operating losses accumulated in the merging companies,
which amounted to R$ 5.5 billion at the end of 1Q06.
We expect to close the transaction during the 3Q06.
3
4. Key Achievements
TIM: Profitable growth in a highly competitive market
Solid Growth Strong Financial Performance (YoY)
44% YoY growth in total customer base
vs. 30% of the Brazilian market 21% growth in net service revenue
The highest % of postpaid vs. peers: 45% VAS revenue increase
20.6% vs. 19.5% of the market
21% reduction in subscriber acquisition
Leader in postpaid net additions in the cost
quarter (30.2%) achieving 24,8% on
share by the period end Stable bad debt rate over total gross
revenue: 3.1%
Leader in Innovative technology: 37% of
GSM Market 58% growth in EBITDA achieving 24,3%
margin (+6.2 p.p. compared to 1Q05)
Successful client retention: churn rate
stable
On track to the break even: 34% net
Improved CRM and segmentation tools losses reduction
enabling acquisition cost reduction
4
6. Continuing mobile market growth in the first quarter
National Market and Penetration
YoY Lines growth Over the last 12 months TIM´s
48.5% 43.5%
client base grew by 43.5%,
TIM 60.6% 60.8% 56.4%
strongly above the market
Market 39.7% 39.8% 37.6% 31.4% 30.3%
average (+30.3%)
48.1%
47.3%
44.0% 89,4 Slowing market growth rate, but
41.6% 86,2
continuing to outperform
38.0% 80,0
75,5
expectations: 3.7% QoQ and
30.3% YoY
68,6
More rational market with some
strong subsidy focused on
postpaid and low-end handsets
1Q05 2Q05 3Q05 4Q05 1Q06
Total market lines (mln) National Penetration
Source: Anatel’s data base. 6
7. Market share performance
Market share TIM market share gap vs. main Competitors
YOY growth Vs. First Player Vs. Third Player
39.3%
First 37.7% 36.1%
Player 34.5%
33.7% ~ +1.2 p.p. YoY
~ - 6 pp 1.8
1Q05 2Q05 3Q05 4Q05 1Q06 0.5
22.2% 22.9% 23.4% 23.5%
21.3% 1Q05 2Q05 3Q05 4Q05 1Q06
TIM ~ + 2 pp
21.6% 21.8%
Third 20.8% 21.5% 21.8%
~ + 1 pp
Player -10.2
1Q05 2Q05 3Q05 4Q05 1Q06 oY
-18.0
7p . p. Y
.
~ -7
Sound market results achieved in São Paulo capital:
25.9% market share (+ 7.4 pp YoY), achieving 2nd
position in region.
Narrowing the gap vs. 1st Player and widening the
distance from the 3rd Player
7
8. Customer base: combining growth and improved mix
TIM Lines (mln) Postpaid mix
YoY QoQ
GSM lines
21.0 + 43%
21.1% + 0.5 pp
14.6 20.6%
20.3%
19.9% 20.1%
19.7% + 0.3 pp
19.5%
85% + 75% 18.9%
19.2%
18.9%
19.4% 19.2% + 0.3 pp
69%
18.9%
18.0% 18.6%
1Q05 1Q06 1Q05 2Q05 3Q05 4Q05 1Q06
Market Share (%) 21.3% 23.5%
TIM Market Competitors
Leader in postpaid net additions in the quarter
Strong quality of the base: 20.6% postpaid lines vs. 19.1% 1st Player
and 16.4% 3rd Player
Source: Anatel’s data base. 8
9. Growing with optimized retention and acquisition cost
R$ 23.8%
19.7%
-21%
Successful value & loyalty strategy
SAC
190 150
1Q05 1Q06 Record gross additions with tight
% postpaid gross adds acquisition cost control
SAC/ARPU
5.3X Rational client acquisition strategy:
5.0X improved mix of gross additions
1Q05 1Q06 Reduced churn in the corporate
segmented churn: -1.4 p.p., and
Churn broadly stable stable overall rate.
Monthly Churn
+ 0.1 p.p.
rate
2.3% 2.4%
1Q05 1Q06
9
10. Key competitive advantages
Building up a total customer caring leadership
TIM Current differentials Main Growth Drivers
Mobility, convenience and cutting-edge VAS
Plug-in’s for high users
Post-Paid
Deeper segmentation of offer
International Roaming
Focus on “TIM Brasil” plans
Community (family offer)
(8 all-inclusive bundles)
Subsidy focused on high- end segment
Pre-Paid Deeper segmentation (new pre-paid plans “TIM +”)
Launch of exclusive “TIM + 25” Low acquisition cost: SIM Card + Traffic offer
and “TIM + 5” high user
pre-paid plan Subsidy reduction
Business
Blackberry / Nokia communicator/
Treo EDGE Strong innovation drive & launch of exclusive offer
Long distance and international Volume discount for nationwide contracts
roaming offers
VAS
SMS/MMS “Carta Servizi” as Evolution of VAS from an attribute of positioning
a service
Re vamp the wap portal to revenue driver
10
11. Successful marketing activities
Deeper segmentation of Offer: Consumer market
Offers Results
TIM “Chip Only”
Bonuses for recharging Significant Increase in
recharge made in 48
made in 48 hours
Prepaid
hours after the activation
“TIM + 25” Double ARPU compared to the average
for the segment
& “TIM + 5”
Rewarding outgoing traffic Strong participation in the gross addition
for the segment in the period
“TIM Mais 40” “TIM Conta Fixa”: 33% of postpaid
& “TIM Conta Fixa” consumer gross adds
Focus on convenience:
Postpaid
“TIM Light”: 24% of postpaid
Control of expenses consumer gross adds
“TIM Brasil Plans” Boosting postpaid gross
Complete and differentiated additions: +70% growth from
offers combining voice and launch
data service
11
12. Business segment
Strong innovation drive & Launch of exclusive offers
National Corporate Market Share 1 Blackberry: Enlarging the portfolio of services
First in Brazil to offer: > 1 year exclusive
National coverage
International roaming
29% Most advanced handsets portfolio
New offer “Blackberry Professional”
Competitors
All functionalities in a easy and cheap way
SME market share: 30.4%
New plan combining volume and convenience
(monitoring expenses)
TIM 1Q06 Line growth per segment
“Plan Company Control”
Business Segment +70%yoy International Roaming
Total Lines +43%yoy
Focus on capturing heavy users
Local rate promotion
%
1 Source: Pesquisa - Dimensionamento do Mercado Corporativo 12
Brasileiro de Telefonia Celular - Ericsson Business Consulting;
Estudo Pyramid e estimativas marketing.
13. VAS True Care: Easy & Useful Innovation
Increase of services Segmentation evolution:
SMS Boost
penetration community concept
• Data transmission on EDGE • Re launch of the WAP portal • Launch of the ”carta servizi”
• Push e-mail: Blackberry • Strategic contents SMS+MMS
• VAS enable handset portfolio partnership • Stimulate premium SMS
Blackberry Professional: competitive & innovative solution
SMS promotional for weekends
7,6%
Regional approach (contents and offers)
Easy configurations for SMS, MMS and Data
New site WAP and enhanced contents
13
14. Leveraging on customer care
Size: more than 30 million contacts in the quarter
-9%
Efficiency: reduction in average
attending time
1Q05 1Q06
+6%
Effectiveness: increase % of
answered call
1Q05 1Q06
Complains per 1,000 clients
Result: best positioned in complains
rate among major Players
3rd 1st 4th TIM
player player player
Source: Anatel CRC – April 06 Other Players
14
16. Strong Growth Revenue and Share in the Market
Gross Revenue Gross Revenues Analysis
1Q06 YoY
R$ mln YoY
Voice (R$ mln) 2,285 + 23%
2,378.4 2,889.0 +21% Traffic Volume (Bln min.) 5.1 + 33%
17% 15% Value Added Service (R$ mln) 181 + 45%
Strong push on
Handsets Revenue (R$ mln) 423 + 7% chip sales (“Chip
83% 85%
Only”), as a low
Handset Sold (thousands) 1,110 -7% acquisition cost
6.3% 7.3% strategy
Average handset prices (R$) 359.7 + 15%
% of mid-high handset sold 40% + 17pp
1Q05 1Q06
Total Net Revenues 2,132 +18%
Service Handsets sales
VAS revenue over Service Net Service Revenues 1,847 +21%
Net Services Revenue share top 3 players Sustainable Growth
TIM
31% 34% ~ +3 pp Confirming outperformance for net
3rd player 22% service revenues growth:
24% ~ +2 pp
1st player 47% 42% ~ -5 pp +21% YoY vs. -1% 1st player and
19% 3rd player
1Q05 1Q06
16
17. ARPU Performance
ARPU Analysis Speeding-up VAS
ARPU (R$) TIM
Peer avg.*
VAS Revenue YoY
+23% +24% +23%
181.0 +45%
33.6
32.8 30.0 124.4
26.7 27.0 24.5
7.3%
6.3%
3Q 05 4Q 05 1Q 06 1Q05 1Q06
VAS Revenues (R$ Mln)
Keeping strong gap in ARPU vs. market
% over Gross Services Revenues
Trend impacted by constant market build-up
and strong seasonality:
Data & Growth YoY
Interactive
Seasonal ARPU trend in the Market Users
service
SMS P2P + 58%
36% MMS P2P + 83%
-10% Data + 239%
-8% -9%/10%
64% Usage
SMS P2P + 54%
4Q03 1Q04 2Q04 3Q04 4Q04 1Q05 2Q05 3Q05 4Q05 1Q06 SMS/MMS MMS P2P + 52%
P2P Data + 336%
*Weighted average 1st and 3rd player
** Estimated 17
18. EBITDA Performance
EBITDA Weight on EBITDA Margin 1
High entry prices
R$ Mln A) Variable costs 1Q06 handsets with
YoY positive impact
Interconnection -0.7 pp on subsidies level
Handsets Cost -3.9 pp
518.2 +58%
- 4.6 pp
327.3
+6.2 p.p. B) Fixed & Commercial 1Q06 Headcount growth
lead by: CRM’s
Commercial expenses -1.0 pp improvements, and
24.3% G&A and Others -0.4 pp pre and post-sale
18.1% supporting
Labor cost +0.3 pp
Industrial cost -0.5 pp
1Q05 1Q06
EBITDA Margin over Total Net Revenue -1.6 pp
(A) + (B) -6.2 pp
1 Calculated as YoY change of the OPEX weight on total revenues
18
19. From EBITDA to Bottom Line
∆ YoY
% +58% +25% -74% +29% 6% -100% +35%
(R$ mln) 191.0 -108.7 82.3 -19.6 -2.1 19.4 80.0
(R$ Million)
R$ Mln
R$ Mln
On track to the
break-even point
518.2 (547.0)
(28.7) (86.5) (151.8)
(36.5)
EBITDA Depreciation EBIT Net Taxes and Minorities Net Losses
Amortization Financial Others
Income
19
20. Net Financial Position
+349 R$ Mln Net Financial Position
(QoQ Analysis)
1Q05 4Q05 1Q06
CAPEX 4Q05: (1,089)
(97) FISTEL fee on FY05: (302) (97)
Handsets acquired 4Q05: (516)
EBITDA: +518 Other changes: +309
CAPEX: (169)
Net Financial Results: (87)
Others: (9)
(1,386)
(1,536)
(1,598)
Operating (96) (37) Historically significant cash
Free Cash Flow: 1,250
(56) (1,536) generation in the forthcoming
Net Financial EBITDA Operating Other non Income Dividends Net Financial quarters
Position -CAPEX Working operating Taxes Position
Dec05 Capital 1Q06
Impact of strong working capital seasonality:
43% of 2005 capex was accounted in the 4Q05, and disbursements made in the 1Q06
30.3% of the 2005 handsets were acquired in the 4Q05 and disbursements made in the 1Q06
Fistel fee on FY05 customer base paid in one installment on March 06
20
21. “Safe Harbor” Statements
Statements in this presentation, as well as oral statements made by the management of
TIM Participações S.A. (the “Company”, or “TSU”), that are not historical fact constitute
“forward looking statements” that involve factors that could cause the actual results of the
Company to differ materially from historical results or from any results expressed or
implied by such forward looking statements. The Company cautions users of this
presentation not to place undue reliance on forward looking statements, which may be
based on assumptions and anticipated events that do not materialize.
Investor Relations
Avenida das Américas, 3434 - Bloco 01
6° andar – Barra da Tijuca Visit our Website:
22640-102 Rio de Janeiro, RJ http://www.timpartri.com.br
Phone: +55 21 4009-3742 / 4009-3751/8113-0571
Fax: + 55 41 4009-3990
21