Tereos Internacional provided a disclaimer and overview of a presentation given at the Morgan Stanley Latin America Mid-Cap Conference in London on November 11th, 2014. The summary discusses Tereos' profile as a leading producer of sweeteners and bioenergy with a global footprint and diversified raw material processing. Financial highlights note revenues of R$962 million and EBITDA of R$123 million for fiscal year 2013/2014.
Tereos Internacional is creating a global leader in food ingredients and bioenergy through two transforming transactions. It is combining Guarani, Tereos' European cereal assets, and Indian Ocean sugarcane assets. This strategic combination will accelerate growth by achieving critical scale, diversifying products and geographies, and increasing investment capacity to drive consolidation. A key transaction is Petrobras' $682 million initial investment in Guarani, with options to invest up to $1.6 billion over 5 years for a stake of up to 49%. This creates a win-win partnership that strengthens Guarani's balance sheet for accelerated development.
The document summarizes financial information for a Brazilian pharmaceutical company for the third quarter of 2016. It reported consolidated gross revenues of R$1.367 billion for the quarter, a 3.7% increase year-over-year. The retail segment saw a 1.9% decrease in EBITDA compared to the previous year. Specialties sales increased 19.9% year-over-year while distribution sales grew 3.0%. The company's net debt to EBITDA ratio was 3.1x for the quarter.
MBAC Fertilizer Corp. is a phosphate fertilizer producer focused on the Brazilian and Latin American markets. The company operates the Itafós phosphate mine and fertilizer plant in Brazil and is developing two additional projects - the Santana and Araxá projects. Itafós is currently operating and producing SSP fertilizer. Santana has completed a definitive feasibility study showing positive economics. Araxá has completed a preliminary economic assessment of its high grade phosphate and rare earth deposit. MBAC aims to be a significant integrated producer in Brazil through organic growth of its projects.
Profarma is acquiring Drogaria Rosário for R$173 million. The acquisition will be paid through R$32 million in cash at closing and R$91 million 36 months after closing. The acquisition expands Profarma's retail footprint and positions its d1000 retail division as the 6th largest drugstore chain in Brazil. The acquisition offers synergies through increased scale and bargaining power. Profarma has a track record of successfully integrating and turning around acquisitions like Drogasmil/Farmalife. The Rosário acquisition strengthens Profarma's strategic positioning across multiple divisions.
The document summarizes Profarma's 2Q16 earnings release. Key highlights include:
- Consolidated pro-forma gross revenue increased 15.2% and EBITDA rose 59.8% to R$60.2 million.
- Retail sales grew 10.5% and EBITDA increased 50.1% to R$9.8 million. Specialties sales rose 41.9% and EBITDA grew 80% to R$5.1 million.
- Pharmaceutical distribution sales grew 11.4% and EBITDA increased 59% to R$45.1 million, the best performance in 7 years.
Institutional presentation 080413 eng final impressãovigor_ri
This document contains Vigor Alimentos' presentation on its business prospects, financial performance, and strategy. It notes that any projections are based on management's expectations and are subject to various risks and uncertainties. It then provides an overview of Vigor's brands, market position, growth strategy, financial results, and experienced management team. Specifically, it highlights Vigor's diversified product portfolio and market leadership positions, its focus on geographic and channel expansion, and its goal of continuing to improve margins and return on capital.
2016 barclays global consumer staples conference cci亚谦 王
Coca-Cola Icecek provides a presentation on their business and growth strategy at the Barclays Global Consumer Staples Conference in September 2016. They summarize that they are a regional powerhouse bottler operating in 10 countries, with sustained volume growth despite challenges. Going forward, they aim to continue winning in the marketplace through initiatives like revenue growth management and cost efficiency to create shareholder value.
- Malee Group Public Company Limited held an Opportunity Day on August 17, 2016 to provide an overview of the company and its financial results.
- In the first half of 2016, Malee saw sales growth of 39% and net profit growth of 74% driven by increases in both domestic and international brand and contract manufacturing sales. Profitability margins also improved due to cost controls and higher production utilization.
- Looking forward, Malee aims to continue growing its juice, coconut water, and other beverage sales both domestically in Thailand and internationally through exports and its joint venture in the Philippines. The company also seeks to manage costs and maximize production efficiency.
Tereos Internacional is creating a global leader in food ingredients and bioenergy through two transforming transactions. It is combining Guarani, Tereos' European cereal assets, and Indian Ocean sugarcane assets. This strategic combination will accelerate growth by achieving critical scale, diversifying products and geographies, and increasing investment capacity to drive consolidation. A key transaction is Petrobras' $682 million initial investment in Guarani, with options to invest up to $1.6 billion over 5 years for a stake of up to 49%. This creates a win-win partnership that strengthens Guarani's balance sheet for accelerated development.
The document summarizes financial information for a Brazilian pharmaceutical company for the third quarter of 2016. It reported consolidated gross revenues of R$1.367 billion for the quarter, a 3.7% increase year-over-year. The retail segment saw a 1.9% decrease in EBITDA compared to the previous year. Specialties sales increased 19.9% year-over-year while distribution sales grew 3.0%. The company's net debt to EBITDA ratio was 3.1x for the quarter.
MBAC Fertilizer Corp. is a phosphate fertilizer producer focused on the Brazilian and Latin American markets. The company operates the Itafós phosphate mine and fertilizer plant in Brazil and is developing two additional projects - the Santana and Araxá projects. Itafós is currently operating and producing SSP fertilizer. Santana has completed a definitive feasibility study showing positive economics. Araxá has completed a preliminary economic assessment of its high grade phosphate and rare earth deposit. MBAC aims to be a significant integrated producer in Brazil through organic growth of its projects.
Profarma is acquiring Drogaria Rosário for R$173 million. The acquisition will be paid through R$32 million in cash at closing and R$91 million 36 months after closing. The acquisition expands Profarma's retail footprint and positions its d1000 retail division as the 6th largest drugstore chain in Brazil. The acquisition offers synergies through increased scale and bargaining power. Profarma has a track record of successfully integrating and turning around acquisitions like Drogasmil/Farmalife. The Rosário acquisition strengthens Profarma's strategic positioning across multiple divisions.
The document summarizes Profarma's 2Q16 earnings release. Key highlights include:
- Consolidated pro-forma gross revenue increased 15.2% and EBITDA rose 59.8% to R$60.2 million.
- Retail sales grew 10.5% and EBITDA increased 50.1% to R$9.8 million. Specialties sales rose 41.9% and EBITDA grew 80% to R$5.1 million.
- Pharmaceutical distribution sales grew 11.4% and EBITDA increased 59% to R$45.1 million, the best performance in 7 years.
Institutional presentation 080413 eng final impressãovigor_ri
This document contains Vigor Alimentos' presentation on its business prospects, financial performance, and strategy. It notes that any projections are based on management's expectations and are subject to various risks and uncertainties. It then provides an overview of Vigor's brands, market position, growth strategy, financial results, and experienced management team. Specifically, it highlights Vigor's diversified product portfolio and market leadership positions, its focus on geographic and channel expansion, and its goal of continuing to improve margins and return on capital.
2016 barclays global consumer staples conference cci亚谦 王
Coca-Cola Icecek provides a presentation on their business and growth strategy at the Barclays Global Consumer Staples Conference in September 2016. They summarize that they are a regional powerhouse bottler operating in 10 countries, with sustained volume growth despite challenges. Going forward, they aim to continue winning in the marketplace through initiatives like revenue growth management and cost efficiency to create shareholder value.
- Malee Group Public Company Limited held an Opportunity Day on August 17, 2016 to provide an overview of the company and its financial results.
- In the first half of 2016, Malee saw sales growth of 39% and net profit growth of 74% driven by increases in both domestic and international brand and contract manufacturing sales. Profitability margins also improved due to cost controls and higher production utilization.
- Looking forward, Malee aims to continue growing its juice, coconut water, and other beverage sales both domestically in Thailand and internationally through exports and its joint venture in the Philippines. The company also seeks to manage costs and maximize production efficiency.
Arezzo&Co reported strong financial results for 1Q17, with net income growing 51.1% YoY to R$22.2 million and EBITDA increasing 36.8% to R$36 million. All brands and channels experienced revenue growth, particularly Anacapri and Arezzo brands. The company also saw improvements in operating cash flow and ROIC. Arezzo&Co remains focused on optimizing its distribution network and working capital management.
The document provides an earnings release and financial highlights for Profarma's 1Q16 results. Some key points include:
- Gross revenue increased 16.9% to R$1.338 billion driven by growth across all divisions.
- Consolidated EBITDA rose 31.0% to R$25.8 million with an EBITDA margin of 2.2%.
- The pharmaceutical distribution division saw a 17.0% revenue increase and 16.5% EBITDA growth.
- Specialties revenue grew 38.8% and EBITDA rose 82.9%.
- Retail sales increased 12.4% while EBITDA grew 81.7% to R$3.5
Arezzo & Co reported strong financial results for 2Q17. Net income grew 30% to R$39.3 million with margins expanding. Gross profit increased 16.8% to R$154.3 million and EBITDA grew 22.8% to R$50.3 million. All brands and channels experienced sales growth. The company continues expanding through new store openings and growing its online presence. ROIC improved to 23.7%, demonstrating efficient use of capital.
1) Arezzo&Co reported strong financial results in 4Q16, with net revenue increasing 19.4% and net income reaching R$35.8 million, a 10.6% margin.
2) Key highlights included a 21.2% rise in gross profit to R$153.2 million and 20.6% growth in EBITDA to R$53.9 million.
3) For the full year 2016, the company opened 22 new stores, expanding its sales area by 3.7% in line with guidance, and generated R$101.7 million in operating cash flow.
Malee Group Public Company Limited held an Opportunity Day on November 16, 2016 to provide an overview and update to shareholders. The presentation included:
1) A company overview including financial highlights, group structure, and milestones. Malee is a leading manufacturer and distributor of canned fruits, juices, and beverages in Thailand.
2) A business update on the domestic juice market, Malee's brand portfolio and market share, sales structure with growth in exports and contract manufacturing, and a new joint venture to develop health drinks.
3) Results showing sales and net profit growth in Q3/2016 and 9M/2016 from increased domestic, export, and contract manufacturing sales while managing costs. Profit
DuPont reported financial results for 4Q 2008 and full year 2008. Net sales decreased 17% in 4Q due to a 20% decline in volume, though pricing increased 7%. For the full year, net sales rose 4% while volume declined 5% and pricing increased 7%. Earnings per share were negative $0.70 in 4Q and $2.20 for the full year. All business segments experienced sales declines in 4Q, with Performance Materials down 30% and Coatings & Color Technologies down 21%. DuPont expects continued challenges in 2009 from weak global economic conditions and has initiatives to reduce costs, capital spending, and working capital to enhance earnings and cash flow.
The document summarizes the financial results of Arezzo&Co for the third quarter of 2016. Some key highlights include:
- Net income was R$35.4 million, with a margin of 10.2%
- Gross profit increased 14.4% to R$152.2 million and gross margin grew 170 basis points
- EBITDA grew 12.5% to R$55.9 million with a margin of 16.1%
- Same-store sales increased 6.4% across owned stores, franchises, and web commerce channels
- The document provides an overview of Malee Group Public Company Limited, a leading manufacturer and distributor of fruit juices, beverages, and canned fruits in Thailand.
- In Q2/2017, net profit decreased 57% YoY mainly due to higher costs and lower sales. Sales were down 21% YoY due to slowdowns in the domestic and CMG businesses.
- Branded export sales continued to grow at 20% YoY, while efforts were made to reduce domestic inventory in preparation for new packaging launches in Q3.
The document provides an overview of Arezzo&Co's financial results for the third quarter of 2014, including a 12.2% increase in gross revenue to R$379 million, a 7.6% rise in gross profit to R$124.9 million, and a 14.3% growth in net income to R$33.6 million. It also discusses the company's expansion efforts through new store openings and renovations, as well as its capital expenditures and conservative indebtedness levels.
7ème édition du rapport de suivi et d'évaluation des bénéfices du commerce équitable Fairtrade/Max Havelaar qui met en avant tous les chiffres du système Fairtrade / Max Havelaar (en anglais).
Adocia Corporate Presentation April 2022.pdfadocia
Adocia, a biotechnology company dedicated to diabetes and metabolic diseases shares with you its Corporate Presentation, highlighting its strategy and pipeline updates. Come and visit us on www.adocia.com
Guarani achieved record net revenues in 2009/10 due to higher sugar and ethanol prices, despite lower volumes sold. Adjusted EBITDA more than doubled to R$334.9 million, with a margin of 24.6%, returning the company to net profit. However, Mozambican operations reported a loss due to drought. Sugar prices reached 28-year highs but have since declined, while ethanol prices remained above prior year levels. Guarani crushed 14.5 million tons of sugarcane in 2009/10.
Pigeon Pea Market PPT, Size, Share | Industry Trends Report 2022-2027IMARC Group
According to the latest report by IMARC Group, the global pigeon pea market reached a volume of 13.3 Million Tons in 2021. Pigeon pea is a type of legume that generally belongs to the Fabaceae family, containing numerous essential nutrients, such as sodium, potassium, carbohydrates, fiber, and magnesium. Being a rich source of protein, it is widely consumed by vegetarians and vegans across the globe. Along with this, the seeds, pods and leaves contain high amounts of phenolic compounds, which have antibacterial, anti-inflammation and antioxidant properties.
This document provides an overview of trends in the food and beverage sector as well as mergers and acquisitions. It discusses growing market segments like plant-based alternatives. Digitalization is transforming the industry through e-commerce and social media. Food delivery is a major growth area. Recent M&A transactions showcase typical valuation metrics. The document also outlines the expertise and methodology that GEREJE Corporate Finance brings to buy-side and fundraising mandates in the food and beverage industry.
- This document discusses a webinar being hosted by Aurum Equity Partners LLP on June 27th, 2014 about private equity and foreign investments in the Indian dairy industry.
- It provides an overview of the speakers for the webinar - Nitin Jain and Dr. R.S. Khanna from Aurum Equity Partners and introduces their backgrounds and areas of expertise related to the dairy industry.
- A disclaimer is also included stating that the information provided is for internal use only and does not constitute an offer to sell securities or assets.
The document discusses trends in the food and beverage M&A sector. It covers the growing global food market size from 2020 to 2030, the rise of plant-based and alternative proteins, and the increasing importance of digital technologies. The document also examines recent M&A transactions in the sector and provides an overview of GEREJE Corporate Finance's expertise in advising food and beverage companies.
April 2015 Investor Roadshow 'Dong Fang Modern Agriculture Holding Group'Symposium
DongFang Modern Agriculture Holding Group Limited is seeking an IPO on the ASX to raise between A$39-50 million. The company is a leading Chinese citrus producer with over 8,900 hectares of plantations producing tangerines, pomelos, oranges, and camellia seeds and fruits. Funds from the IPO will be used to acquire additional camellia plantations and develop downstream processing activities. The company has a track record of strong financial performance with revenue of A$148 million, EBITDA of A$64.6 million, and net profit of A$75 million in FY2014.
9th MENA Private Equity and Venture Capital Annual Report_2014Lina El Zein
This document is the introduction to the 9th edition of the "Private Equity & Venture Capital in the Middle East Report". It summarizes that private equity investment levels in the MENA region reached their highest levels since the global financial crisis in 2014, with fundraising also reaching its highest point since 2008. It credits these increases to factors like growing consumer markets in the region and experienced private equity managers with strong regional expertise. The report is compiled by the MENA Private Equity Association to promote transparency and knowledge about private investment's economic impact in the region.
This document provides an agenda and overview for a private meeting of Vietnam Dairy Products Joint Stock Company (Vinamilk). The agenda includes a brief corporate profile of Vinamilk since 1976, its group structure, key financial highlights from 2008-2012, share capital structure and top shareholders, production facilities across Vietnam, cow farm developments, investment highlights, a 5-year capital expenditure plan, updated 2013 financial performance, and a Q&A session. The document establishes Vinamilk as the leading dairy brand and producer in Vietnam with a focus on quality, innovation, and expanding market share.
Mudman provides a quarterly financial report for 1Q2017. Revenues were THB 738 million, flat year-over-year growth due to economic slowdown. EBITDA was THB 63 million, with an 8.6% margin, lower than 1Q2016 due to higher SG&A expenses. Store count was 433, down from 441 in 4Q2016. Key financial metrics such as revenues, EBITDA, margins, and store count are analyzed to evaluate performance.
- The Brazilian loyalty industry is still in its early stages with low penetration rates compared to more mature markets, indicating significant growth potential.
- Multiplus has a strong competitive position as the pioneer in Brazil's loyalty industry and has established partnerships with major airlines and banks.
- Over the last three years, Multiplus has demonstrated a consistent track record of sales growth and a focus on shareholder returns through high dividend payouts totaling over $1.4 billion since its IPO.
Arezzo&Co reported strong financial results for 1Q17, with net income growing 51.1% YoY to R$22.2 million and EBITDA increasing 36.8% to R$36 million. All brands and channels experienced revenue growth, particularly Anacapri and Arezzo brands. The company also saw improvements in operating cash flow and ROIC. Arezzo&Co remains focused on optimizing its distribution network and working capital management.
The document provides an earnings release and financial highlights for Profarma's 1Q16 results. Some key points include:
- Gross revenue increased 16.9% to R$1.338 billion driven by growth across all divisions.
- Consolidated EBITDA rose 31.0% to R$25.8 million with an EBITDA margin of 2.2%.
- The pharmaceutical distribution division saw a 17.0% revenue increase and 16.5% EBITDA growth.
- Specialties revenue grew 38.8% and EBITDA rose 82.9%.
- Retail sales increased 12.4% while EBITDA grew 81.7% to R$3.5
Arezzo & Co reported strong financial results for 2Q17. Net income grew 30% to R$39.3 million with margins expanding. Gross profit increased 16.8% to R$154.3 million and EBITDA grew 22.8% to R$50.3 million. All brands and channels experienced sales growth. The company continues expanding through new store openings and growing its online presence. ROIC improved to 23.7%, demonstrating efficient use of capital.
1) Arezzo&Co reported strong financial results in 4Q16, with net revenue increasing 19.4% and net income reaching R$35.8 million, a 10.6% margin.
2) Key highlights included a 21.2% rise in gross profit to R$153.2 million and 20.6% growth in EBITDA to R$53.9 million.
3) For the full year 2016, the company opened 22 new stores, expanding its sales area by 3.7% in line with guidance, and generated R$101.7 million in operating cash flow.
Malee Group Public Company Limited held an Opportunity Day on November 16, 2016 to provide an overview and update to shareholders. The presentation included:
1) A company overview including financial highlights, group structure, and milestones. Malee is a leading manufacturer and distributor of canned fruits, juices, and beverages in Thailand.
2) A business update on the domestic juice market, Malee's brand portfolio and market share, sales structure with growth in exports and contract manufacturing, and a new joint venture to develop health drinks.
3) Results showing sales and net profit growth in Q3/2016 and 9M/2016 from increased domestic, export, and contract manufacturing sales while managing costs. Profit
DuPont reported financial results for 4Q 2008 and full year 2008. Net sales decreased 17% in 4Q due to a 20% decline in volume, though pricing increased 7%. For the full year, net sales rose 4% while volume declined 5% and pricing increased 7%. Earnings per share were negative $0.70 in 4Q and $2.20 for the full year. All business segments experienced sales declines in 4Q, with Performance Materials down 30% and Coatings & Color Technologies down 21%. DuPont expects continued challenges in 2009 from weak global economic conditions and has initiatives to reduce costs, capital spending, and working capital to enhance earnings and cash flow.
The document summarizes the financial results of Arezzo&Co for the third quarter of 2016. Some key highlights include:
- Net income was R$35.4 million, with a margin of 10.2%
- Gross profit increased 14.4% to R$152.2 million and gross margin grew 170 basis points
- EBITDA grew 12.5% to R$55.9 million with a margin of 16.1%
- Same-store sales increased 6.4% across owned stores, franchises, and web commerce channels
- The document provides an overview of Malee Group Public Company Limited, a leading manufacturer and distributor of fruit juices, beverages, and canned fruits in Thailand.
- In Q2/2017, net profit decreased 57% YoY mainly due to higher costs and lower sales. Sales were down 21% YoY due to slowdowns in the domestic and CMG businesses.
- Branded export sales continued to grow at 20% YoY, while efforts were made to reduce domestic inventory in preparation for new packaging launches in Q3.
The document provides an overview of Arezzo&Co's financial results for the third quarter of 2014, including a 12.2% increase in gross revenue to R$379 million, a 7.6% rise in gross profit to R$124.9 million, and a 14.3% growth in net income to R$33.6 million. It also discusses the company's expansion efforts through new store openings and renovations, as well as its capital expenditures and conservative indebtedness levels.
7ème édition du rapport de suivi et d'évaluation des bénéfices du commerce équitable Fairtrade/Max Havelaar qui met en avant tous les chiffres du système Fairtrade / Max Havelaar (en anglais).
Adocia Corporate Presentation April 2022.pdfadocia
Adocia, a biotechnology company dedicated to diabetes and metabolic diseases shares with you its Corporate Presentation, highlighting its strategy and pipeline updates. Come and visit us on www.adocia.com
Guarani achieved record net revenues in 2009/10 due to higher sugar and ethanol prices, despite lower volumes sold. Adjusted EBITDA more than doubled to R$334.9 million, with a margin of 24.6%, returning the company to net profit. However, Mozambican operations reported a loss due to drought. Sugar prices reached 28-year highs but have since declined, while ethanol prices remained above prior year levels. Guarani crushed 14.5 million tons of sugarcane in 2009/10.
Pigeon Pea Market PPT, Size, Share | Industry Trends Report 2022-2027IMARC Group
According to the latest report by IMARC Group, the global pigeon pea market reached a volume of 13.3 Million Tons in 2021. Pigeon pea is a type of legume that generally belongs to the Fabaceae family, containing numerous essential nutrients, such as sodium, potassium, carbohydrates, fiber, and magnesium. Being a rich source of protein, it is widely consumed by vegetarians and vegans across the globe. Along with this, the seeds, pods and leaves contain high amounts of phenolic compounds, which have antibacterial, anti-inflammation and antioxidant properties.
This document provides an overview of trends in the food and beverage sector as well as mergers and acquisitions. It discusses growing market segments like plant-based alternatives. Digitalization is transforming the industry through e-commerce and social media. Food delivery is a major growth area. Recent M&A transactions showcase typical valuation metrics. The document also outlines the expertise and methodology that GEREJE Corporate Finance brings to buy-side and fundraising mandates in the food and beverage industry.
- This document discusses a webinar being hosted by Aurum Equity Partners LLP on June 27th, 2014 about private equity and foreign investments in the Indian dairy industry.
- It provides an overview of the speakers for the webinar - Nitin Jain and Dr. R.S. Khanna from Aurum Equity Partners and introduces their backgrounds and areas of expertise related to the dairy industry.
- A disclaimer is also included stating that the information provided is for internal use only and does not constitute an offer to sell securities or assets.
The document discusses trends in the food and beverage M&A sector. It covers the growing global food market size from 2020 to 2030, the rise of plant-based and alternative proteins, and the increasing importance of digital technologies. The document also examines recent M&A transactions in the sector and provides an overview of GEREJE Corporate Finance's expertise in advising food and beverage companies.
April 2015 Investor Roadshow 'Dong Fang Modern Agriculture Holding Group'Symposium
DongFang Modern Agriculture Holding Group Limited is seeking an IPO on the ASX to raise between A$39-50 million. The company is a leading Chinese citrus producer with over 8,900 hectares of plantations producing tangerines, pomelos, oranges, and camellia seeds and fruits. Funds from the IPO will be used to acquire additional camellia plantations and develop downstream processing activities. The company has a track record of strong financial performance with revenue of A$148 million, EBITDA of A$64.6 million, and net profit of A$75 million in FY2014.
9th MENA Private Equity and Venture Capital Annual Report_2014Lina El Zein
This document is the introduction to the 9th edition of the "Private Equity & Venture Capital in the Middle East Report". It summarizes that private equity investment levels in the MENA region reached their highest levels since the global financial crisis in 2014, with fundraising also reaching its highest point since 2008. It credits these increases to factors like growing consumer markets in the region and experienced private equity managers with strong regional expertise. The report is compiled by the MENA Private Equity Association to promote transparency and knowledge about private investment's economic impact in the region.
This document provides an agenda and overview for a private meeting of Vietnam Dairy Products Joint Stock Company (Vinamilk). The agenda includes a brief corporate profile of Vinamilk since 1976, its group structure, key financial highlights from 2008-2012, share capital structure and top shareholders, production facilities across Vietnam, cow farm developments, investment highlights, a 5-year capital expenditure plan, updated 2013 financial performance, and a Q&A session. The document establishes Vinamilk as the leading dairy brand and producer in Vietnam with a focus on quality, innovation, and expanding market share.
Mudman provides a quarterly financial report for 1Q2017. Revenues were THB 738 million, flat year-over-year growth due to economic slowdown. EBITDA was THB 63 million, with an 8.6% margin, lower than 1Q2016 due to higher SG&A expenses. Store count was 433, down from 441 in 4Q2016. Key financial metrics such as revenues, EBITDA, margins, and store count are analyzed to evaluate performance.
- The Brazilian loyalty industry is still in its early stages with low penetration rates compared to more mature markets, indicating significant growth potential.
- Multiplus has a strong competitive position as the pioneer in Brazil's loyalty industry and has established partnerships with major airlines and banks.
- Over the last three years, Multiplus has demonstrated a consistent track record of sales growth and a focus on shareholder returns through high dividend payouts totaling over $1.4 billion since its IPO.
Camil is a leading food company in Latin America with iconic brands in grains, sugar, pasta, canned fish and coffee. It has a wide distribution network across Brazil, Uruguay, Chile, Peru and Ecuador. Camil has a resilient business model with stable margins supported by weekly price adjustments. The company has opportunities for continued organic and inorganic growth through its established platform and experience in M&A integration. Camil also has a strong balance sheet and commitment to good governance and ESG practices.
Zagazig university - student research 2017Mohammed Sakr
1) The document provides an investment summary and recommendation to buy shares of Juhayna Food Industries, an Egyptian food processing company. A discounted cash flow valuation estimates the company's fair value at EGP 6.43 per share, representing a 16.27% upside from the current market price.
2) Juhayna is a market leader in Egypt for milk, juice, and yogurt, with major market shares across key product categories. The company benefits from Egypt's growing population and increasing consumer awareness of packaged foods.
3) Juhayna aims to increase profits through vertical integration, new product lines, automated production facilities, and expanding agricultural operations. Projections estimate a rising return on assets and earnings
Parboiled and White Rice Processing Plant Project Report PPT | Plant Cost 202...IMARC Group
The report provides a complete roadmap for setting up an Parboiled and White Rice Processing Plant. It covers a comprehensive market overview to micro-level information such as unit operations involved, raw material requirements, utility requirements, infrastructure requirements, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, etc.
The report, published by Grant Thornton and CII aims to examine the growth potential of the food processing industry, the scope for modernisation and the policies and regulations that govern the industry. The report also highlights the emerging trends, opportunities and challenges in the key segments of the sector.
Camil Alimentos is one of the largest food companies in Latin America with iconic brands and a wide distribution network. It has leadership positions across multiple categories and countries due to its long history and brand recognition in Brazil. The company aims to continue growing through acquisitions while maintaining stable margins supported by its resilient business model.
Yogurt Market PPT: Opportunities by Types, Demand, Top Manufactures and Appli...IMARC Group
According to the latest report by IMARC Group, the global yogurt market exhibited moderate growth during 2015-2020.
Yogurt is a dairy product made by the bacterial fermentation of milk. It is an excellent source of protein as it contains all the nine essential amino acids. It also consists of riboflavin and vitamin B12, phosphorus and selenium.
IMARC Group, titled “Global Fresh Cream Market Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026. The global fresh cream market reached a volume of 8.2 Million Metric Tons in 2020
Want more information about the global incinerator market
https://www.imarcgroup.com/fresh-cream-market
Similar to Conferência Morgan Stanley - Londres (20)
1) O relatório apresenta os resultados do primeiro trimestre de 2015/2016 da Tereos Internacional, com destaque para o bom início da safra de cana-de-açúcar no Brasil e expectativa de bons volumes na África e Oceano Índico.
2) As receitas totais aumentaram 8% em moeda local, mas permaneceram estáveis em moeda constante. O EBITDA Ajustado caiu 7%, impactado principalmente pelos menores preços de açúcar na Europa.
3) Os volumes de vendas de amido e ad
Tereos Internacional reported its third quarter 2014/15 results. Key points:
- Sugarcane crushing volumes in Brazil were up 3% year-to-date driven by better agricultural results. Cogeneration sales doubled.
- Volumes increased across most business segments including sugarcane in Indian Ocean/Africa and cereal grinding.
- Adjusted EBITDA was up 14% in Brazil and 21% for starches and sweeteners due to cost reductions. EBITDA declined 79% in Alcohol & Ethanol Europe due to lower prices and volumes.
- Capital expenditures declined year-over-year as expansion programs were completed. Net debt decreased and average debt maturity was lengthened through
1) Tereos Internacional reportou resultados do terceiro trimestre de 2014/15, com destaque para aumento de 3% na moagem de cana no Brasil e forte crescimento na África.
2) As vendas de açúcar, etanol e energia aumentaram no Brasil. As vendas de amido e adoçantes cresceram globalmente, impulsionadas pelas operações internacionais.
3) A receita líquida aumentou 9%, para R$2,1 bilhões, com melhora da lucratividade na maioria dos segmentos, exceto
Este documento apresenta informações sobre a Tereos Internacional para investidores e analistas. Resume a estrutura acionária, as operações globais, as divisões de negócios de cana-de-açúcar e cereais, e fornece indicadores financeiros e de mercado.
O documento resume os resultados financeiros da Tereos Internacional no segundo trimestre de 2014/15. Houve queda na receita líquida de 3% devido a menores preços e volumes de açúcar no Brasil e cana-de-açúcar na África/Oceano Índico. O EBITDA ajustado caiu 19% principalmente pela pior rentabilidade da divisão de cana-de-açúcar no Brasil, com menores vendas de açúcar e maiores custos. A divisão de cereais teve melhor desempenho graças
Tereos Internacional reported its second quarter 2014/15 results. Sugarcane crushing volumes in Brazil were up 5% year-over-year due to improved agricultural performance. However, adjusted EBITDA declined 41% due to lower sugar sales volumes and higher costs. In the cereal segment, grinding volumes increased 7% while adjusted EBITDA rose 30% thanks to benefits from the "Performance 2015" initiative despite soft market conditions in Europe. Overall, revenues declined 10% and adjusted EBITDA fell 19% as lower sugar prices and volumes offset profitability gains in cereals.
Tereos Internacional reported on its 2013/14 fiscal year results. Key points included record sugarcane crushing in Brazil of 19.7 million tonnes, driven by strong yields and benefiting operational performance. Cereal grinding was up 5% due to better capacity utilization. Revenues increased 24% for the Starch & Sweeteners segment however profitability remained pressured. Overall, revenues grew 10% to R$8.3 billion while adjusted EBITDA rose 39% to R$962 million, supported by Brazil operational improvements and better performance in Alcohol & Ethanol Europe.
O documento resume os resultados financeiros e operacionais da Tereos Internacional para o ano fiscal 2013/14. Destaca o crescimento da receita impulsionado por maiores volumes de vendas no Brasil e Europa. O EBITDA ajustado aumentou com a diluição de custos no Brasil e melhor desempenho na Europa. A produção de cana-de-açúcar no Brasil atingiu recorde de 19,7 milhões de toneladas.
Tereos internacional presentation_port_3_mTereosri
(1) Tereos Internacional divulgou seus resultados do terceiro trimestre de 2013/14.
(2) A receita líquida aumentou 5,9% impulsionada pelo melhor desempenho operacional da unidade Lillebonne na Europa e melhores preços de etanol e energia no Brasil.
(3) O EBITDA ajustado cresceu 5,8% com melhora na rentabilidade de todos os segmentos, exceto na África/Oceano Índico devido a condições climáticas adversas.
- Tereos Internacional reported results for the third quarter of 2013/14 with overall revenues increasing 5.9% year-over-year to R$2,015 million driven by higher volumes in Brazil and Europe as well as currency effects.
- Adjusted EBITDA increased slightly by 5.8% to R$279 million as improvements in Brazil, Europe, and Brazil offset declines in Africa due to weather issues.
- In Brazil, record sugarcane crushing of 19.7 million tons led to increased ethanol and energy sales volumes while adjusted EBITDA benefited from efficiency gains despite lower sugar prices.
- Ethanol and starch segments in Europe saw higher volumes and margins as input
1) As vendas de açúcar e energia da Guarani no Brasil aumentaram significativamente no segundo trimestre, melhorando os lucros.
2) Na África e Oceano Índico, a produção se manteve estável, com aumento nas vendas e lucros.
3) As vendas de amido e adoçantes aumentaram levemente, mas as margens permaneceram pressionadas.
O documento apresenta: (1) informações sobre uma reunião pública da Tereos Internacional com investidores e analistas em São Paulo; (2) um aviso sobre as informações apresentadas não terem sido verificadas independentemente e sobre riscos envolvendo projeções; (3) a agenda da reunião incluindo apresentações sobre a Tereos como líder global em açúcar, amido e bioenergia e sobre suas operações de cana-de-açúcar e cereais no Brasil e internacionalmente.
16,6%
Margem Bruta
1. O documento apresenta os resultados financeiros e operacionais da Tereos Internacional no segundo trimestre de 2013/14.
2. Destaca-se o aumento na receita líquida, impulsionado por maiores volumes de cana-de-açúcar no Brasil e efeito cambial positivo.
3. O EBITDA ajustado também cresceu, com melhora na eficiência das operações de cana-de-açúcar no Brasil e menores custos com matérias-primas na
The document provides highlights from Tereos Internacional's second quarter 2013/14 results. Key points include:
- Revenues increased 17.8% to R$2.207 billion driven by higher volumes in sugarcane and improved prices and mix in starch.
- Adjusted EBITDA rose 18.4% to R$342 million due to cost dilution in sugarcane Brazil from higher volumes and improved efficiency.
- Sugarcane crushing in Brazil was up 3.9% and energy sales increased 44.0% while sugar sales rose 21.2% and ethanol fell 3.3%.
- The starch segment saw revenues increase 31% from better volumes and prices, though profitability remained under
The document provides an earnings release for Açúcar Guarani for the second quarter of 2008, highlighting decreases in sugar prices, increases in ethanol production and sales, financial results including revenue and EBITDA, inauguration of a new ethanol plant, and leadership changes including a new CEO.
Divulgação de resultados 2 t08 port (apresentação)Tereosri
Este documento resume os resultados financeiros e operacionais da Açúcar Guarani no 2T08. Apresenta queda nos preços do açúcar e aumento na produção e vendas de etanol. Destaca o crescimento da receita, EBITDA e vendas de etanol, assim como a inauguração de uma nova unidade voltada à produção de etanol hidratado.
The document summarizes Tereos Internacional's financial results for the first quarter of the 2013/14 fiscal year. Major reporting changes include adopting a new accounting standard that requires joint ventures to be equity accounted rather than proportionally consolidated. Segment information is now presented on a standalone and contributive basis. The results show a 17.6% increase in revenues driven by higher sales volumes in Brazil and higher prices in Europe. Adjusted EBITDA increased 56.7% to R$210 million due to recovery in the Brazilian business from higher production volumes and cost dilution, as well as improved results in other segments.
O documento resume os principais resultados financeiros da Tereos Internacional no primeiro trimestre de 2013/14. Destaca o crescimento da receita líquida impulsionado por maiores volumes de vendas no Brasil e na África/Oceano Índico. Também ressalta a recuperação do EBITDA ajustado em relação ao ano anterior, principalmente devido aos maiores volumes de cana-de-açúcar processados no Brasil.
Guarani's Q4 and full year 2008/09 results presentation covers:
- Record revenues of R$1.17 billion due to higher sugar and ethanol prices and increased volumes.
- Adjusted EBITDA increased 45.6% to R$228.3 million due to price increases.
- A net loss of R$291 million was reported, impacted by non-cash effects of currency depreciation and amortization expenses.
- CAPEX was reduced with a focus on sugarcane plantations and selective efficiency projects.
- The outlook for 2009/10 is positive with expectations for continued strong sugar prices and stable ethanol demand.
O documento resume os resultados financeiros e operacionais da Açúcar Guarani para o 4o trimestre e ano fiscal de 2008/2009. A empresa obteve receita líquida recorde de R$1,2 bilhão, impulsionada por maiores preços e volumes de açúcar e etanol. No entanto, teve prejuízo líquido de R$291 milhões devido a efeitos não caixa da desvalorização cambial e amortização de ágio. A dívida líquida foi reduzida em 20,5% e a empresa focará em reduz
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
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June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
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ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
Conferência Morgan Stanley - Londres
1. London – November 11th 2014
Morgan Stanley Latin America Mid-Cap Conference
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Disclaimer
This document was prepared by Tereos Internacional for the sole purpose of this presentation. Information contained in this document has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed upon, the fairness, accuracy, completeness or correctness of the information or opinions contained in this document and Tereos Internacional and its subsidiaries (together, “Tereos Internacional”) as well as their directors, advisors, employees and representatives accept no responsibility in this respect.
This presentation contains information about Tereos Internacional's markets, including its competitive positions. Unless otherwise specified, this information is based on estimates prepared by the group and is purely indicative. These estimates are based on information obtained from customers, suppliers, business organizations and other market participants. Tereos Internacional considers that these estimates are reasonable as of the date of this presentation; however, the completeness and accuracy of the data underlying the estimates is not guaranteed and the group can offer no assurance that it has applied the same market definitions as its competitors.
This document contains certain statements that are forward-looking. These statements refer in particular to Tereos Internacional management’s business strategies, its expansion and growth of operations, forecasts, future events, trends or objectives which are naturally subject to risks and contingencies that may lead to actual results materially differing from those explicitly or implicitly included in these statements and generally all statements preceded by, followed by or that include the words “believe”, “expect”, “project”, “anticipate”, “seek”, “estimate” or similar expressions. Such forward-looking statements are not guarantees of future performance. Tereos Internacional as well as its directors, advisors, employees and representatives, expressly disclaim any liability whatsoever for such forward-looking statements.
Information relating to such risks and contingencies are included in the documents filed by Tereos Internacional with the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários, or the “CVM”). Tereos Internacional does not undertake to update or revise the forward-looking statements that may be presented in this document to reflect new information, future events or for any other reason and any opinion expressed in this presentation is subject to change without notice.
A detailed description of the business and financial position of Tereos Internacional as well as of the risk factors related to Tereos Internacional is included in the registration document (Formulario de Referencia) filed with the CVM which may be obtained on the website of Tereos Internacional (www.tereosinternacional.com). Tereos Internacional’s latest annual, semi-annual and quarterly financial statements are also available on this website.
This document does not constitute an offer or invitation to sell or purchase, or a solicitation of any offer to purchase or subscribe for, any rights or shares of Tereos Internacional. Neither this document, nor any part of it, shall form the basis of, or be relied upon in connection with, any contract or commitment whatsoever.
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Tereos Internacional at a glance
✔ Leader producer of sweeteners and bioenergy
✔ Diversified raw material processor with light asset model (low capital employed)
✔ B-to-B company delivering mainly food ingredients (more than 50% of revenues)
✔ Global footprint with presence in fast growing regions (11 countries divided into 4 continents)
✔ Long-standing commitment and support of our controlling shareholder
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Tereos Group’s development
Morgan Stanley | LatAm Mid Cap Conference 5
FRANCE
EUROPE
BRAZIL
AFRICA
INDIAN OCEAN
ASIA
1950
BEET
2012
POTATOES & MANIOC
1996
CEREAL
2000
SUGARCANE
Tereos Internacional Scope
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Our key figures
/
INDUSTRIAL
SITES
23
STARCH & DERIVATIVES PRODUCER IN EUROPE
3rd largest
SUGAR PRODUCER IN BRAZIL
3rd largest
IN REVENUES
bn R$
IN EBITDA
962
mn R$
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Our sites around the world
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Europe
France
Belgium
Spain
Italy
United Kingdom
Latin America
Brazil
Indian Ocean
Reunion Island
Mozambique
Tanzania
Asia
China
Indonesia (2014)
23 industrial sites in 11 countries
Sugarcane
Cereals/Tubers
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Simplified shareholder structure Morgan Stanley | LatAm Mid Cap Conference 8
Beet
12.000 beet producers
Tereos
Listed Company
Tereos Internacional
Sugarcane
Cereal
Others
69.6%
29.3%
1.1%
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Cereal processing
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No. 3 in Europe for starch products
4.2 Mt of raw materials processed
wheat, corn, potatoes and manioc
2 Mt of starch products
12 facilities
France, Belgium, Italy, Spain,
UK, Brazil and China
wheat, corn, potatoes and manioc
500,000 cu.m
of alcohol & ethanol
Note: Production figures reflect 2013/14 annual figures on a full consolidation basis
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Producing starch & sweeteners
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Starch
milk
Operating flow
•Wheat
•Corn
•Potato
•Manioc
Raw material
•Co-products
•Native starch
•Modified starch
•Hydrolysates
•Glucoses
•Fuel Ethanol
Basic products
•Proteins (Gluten)
•Dextrose
•Maltodextrin
•Polyols
•Premium Alcohol
Specialties
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Our starch & sweeteners customers
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•
Major exposure to food & beverage markets
•
Increasing demand for wheat protein worldwide
9%
Paper Industry
13%
Animal Nutrition
17%
Green Chemistry
61%
Food, Beverage & Health Care
International and diversified customers
•Delivering to 1,500 customers in 2,500 factories
•Diversified portfolio with more than 100 applications
•Long-term relationship with industrial customers
•R&D supporting leadership in starch products
Exposure to resilient end markets
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Starch market
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Source: Bloomberg
Wheat
100120140160180200220240260280300
Cereal prices in Europe
(€/ton)
Corn
Pass-through business on a volatile cereal market, but positive momentum for producers due to softness in cereal prices
Europe
China and Indonesia
Brazil
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Cereal Division
Starch market
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Global consumption of starch products
(million tons)
Strong potential for growth in Asia and South America
Per capita starch consumption (kg, starch and syrup)
Source: LMC International 2011 - * Excluding isoglucoses
Source: LMC International 2011
•
Growth in emerging countries
Europe
China and Indonesia
Brazil
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Starch market
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•
High availability of raw material in Brazil
-
7.6% CAGR in corn production since 2000
•
Third largest corn producer (behind only the USA and China)
•
Largest corn exporter in 2012
-
1/3 of all production exported
Brazilian Corn Supply & Demand (million tons)
Source: CONAB
Europe
China and Indonesia
Brazil
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Sugarcane processing in Africa/Indian Ocean
17
3.2 million
tons of sugarcane
4 facilities
Reunion Island (2), Mozambique, Tanzania1
350,000
tons of sugar
1 R&D center:
eRcane
Africa/Indian Ocean
Morgan Stanley | LatAm Mid Cap Conference
Note: Tereos Internacional holds a minority stake (30%) in Tanganyika mill in Tanzania. The above- mentioned volumes reflect full production of the mill.
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Sugarcane processing in Brazil
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Brazil
Sao Paulo State
Paraná State
No. 3 for sugar production in Brazil
20 million
tons processed
7 facilities
in Sao Paulo State
1.6 million
tons of sugar
600 cu.m
of ethanol
750 GWh
of energy
Note: Production figures reflect 2013/14 annual figures on a full consolidation basis
22.5 million
tons of capacity
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Our business model in Brazil
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In Brazil
Sao Paulo State
Paraná State
Paranaguá Port
Santos Port
Vertente
Mandu
Sao José
Tanabi
Cruz Alta
Severínia
Andrade
Duque de Caxias
Sao Paulo
Palmital
Tereos Syral
Guarani facility
Distribution center
Road transport
Rail transport
State border
Focus on B-to-B
•
Production of high added value sugars
•
2/3 of TRS sold in the domestic market to global clients
Asset light model
•
No owned land (2/3 third party sugarcane and 1/3 of leasing)
•
Low risk, high ROA sugarcane supply model (more than 1,200 suppliers)
Premium location
•
Close to main domestic markets and ports
•
Single cluster located in Brazil’s most competitive region (São Paulo)
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Historical production
Sugarcane crushing
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Energy sales
c. 19-20 Mt
+6%
1,000 GWh
+41%
CAGR
CAGR
Note: Production figures reflect 2013/14 annual figures on a full consolidation basis
Sufficient to supply electricity for a city of almost 500 thousand habitants
Crushing boosted by 2 years of agricultural yields 15% higher than C/S average
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Evolution of mechanical harvesting
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Percentage of mechanical harvesting – Own sugarcane
(%)
Almost 120 harvesters purchased over the last 8 years, which reduced rural workers doubling the productivity of field labour.
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Global sugar market
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In USD in BRL
World raw sugar prices
Market remained in a downtrend…
•Raw sugar prices rallied close to 20 USD cents/lb in Oct 2013, before dropping to 13.5 USD cents/lb in September 2014 (the lowest level since 2010) …continuing to search for a price to uncover the demand from destinations
• Main drivers: higher production worldwide and comfortable stocks in major importing countries More recently, prices have rebounded slightly
•Expected drop in Brazilian CS crop (~10%) starts to weight on prices coupled with sugar imports picking up in China
Source: Bloomberg
10121416182022253035404550Jan-13Apr-13Jul-13Oct-13Jan-14Apr-14Jul-14 In USDIn BRL
Sugar
Ethanol
Energy
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Global sugar market
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Sugar
Ethanol
•
In 2013, the sugar market experienced another comfortable supply/demand balance
-
4th consecutive world surplus helped stock-to- use ratio to recover to a 10-year high
•
Dry weather in C/S Brazil during 1S favored crushing but should strongly impact yields for the rest of the crop
•
2014/15 world crop is still a question mark, but, as per LMC estimates, could result in a 2.4 Mt deficit, which would still keep stock ratio at high levels
World sugar surplus/(deficit) (million tons – raw sugar equivalent)
Surplus/(Deficit)
Stock-to-use ratio
Source: LMC International
Energy
Est.
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Domestic ethanol market
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Source: CEPEA, CMA, UDOP, Kingsman
Sugar & ethanol equivalent prices
(USD cents/lb – NY FOB)
Sugar
Ethanol
Energy
Ethanol is paying better than sugar (NY11) since the beginning of the season
Sugar Exports
Hydrous Domestic
Anhydrous Domestic
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Domestic ethanol market
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Positive developments expected for the
sugarcane industry
•Ethanol Blend Increase?
-Increase the anhydrous ethanol blend in gasoline to 27.5% from current 25%
•CIDE Tax on Gasoline?
-Could trigger a rise in pump prices by 5-10%, favoring ethanol over gasoline
Sugar
Ethanol
Energy
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Domestic energy market
Power Matrix – 2004
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83%
Hydro
5%
Others
4%
Biomass
5%
Natural Gas
3%
Oil Derivatives
Power Matrix – 2013
Source: EPE
Source: EPE
69%
Hydro
8%
Others
12%
Natural Gas
4%
Oil Derivatives
Note: Others include nuclear, coal and wind power
7%
Biomass
Sugar
Ethanol
Energy
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Domestic energy market
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Source: UNICA
Energy production from sugarcane bagasse
(‘000 GWh)
Strong potential for new investments pending on segregated power auctions
Sugar
Ethanol
Energy
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Revenues breakdown
March 2013 – 12 Months
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March 2014 – 12 Months
32%
Starch & Sweeteners
12%
Others (incl. energy)
18%
Alcohol & Ethanol
22%
Sugar
16%
Co-products
31%
Starch & Sweeteners
13%
Others (incl. energy)
20%
Alcohol & Ethanol
24%
Sugar
12%
Co-products
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Our results
Revenues
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EBITDA
R$8,339 M
+7%
R$962 M
+7%
CAGR
CAGR
Note: (1) Figures are in accordance with IFRS 11 (JV contribution)
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631115411118854182902010/112011/122012/13(1)2013/14(1)H1 13/14(1)H1 14/15(1)
Capital Expenditures
(R$ million)
Almost R$4 billion spent on CAPEX over the last 4 years, with continuous downward trend moving forward as multi-year programs near completion
Note: (1) Figures are in accordance with IFRS 11 (JV contribution)
CAPEX
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Note: All figures are in accordance with IFRS 11 (JV contribution)
Key Performance Indicators
In R$ Million
2013/14
2012/13
Δ
H1 14/15
H1 13/14
Δ
Net Revenues
8,339
7,402
+12.7%
3,792
4,116
-7.9%
Adjusted EBITDA
962
786
+22.3%
446
551
-19.1%
Margin
11.5%
10.6%
-
11.8%
13.4%
-
Net Debt
3,566
3,322
+7.34%
4,144
4,148
-0.1%
Net Debt/Adjusted EBITDA
3.7x
4.2x
-
4.8x
4.5x
-
CAPEX
885
1,111
-20.3%
290
418
+30.6%
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Division
Operational
Sugarcane Brazil:
H1 crushing volumes up +5% YoY. Tonnes of ATR/ha at Guarani 26% above average of C/S region, thanks to improvements in agricultural performance
Own energy sales up 35% YoY to 344 GWh in Q2 14/15, due to start of cogeneration in Tanabi and the ramp-up of Mandu and São José mills
Inventories up on last year (+7% in sugar and +34% in ethanol, in volume)
Efforts continue on “Guarani 2016” program
Sugarcane Indian Ocean/Africa: Lower volumes on delayed shipments in Indian Ocean, and slower progress on crushing in Mozambique due to rainfall
Cereal Europe: Improved profitability thanks to “Performance 2015” benefits on track, despite continuously soft demand in Europe
Cereal Brazil: Ramp-up progressing satisfactorily, with corn grinding up 32% sequentially. Plant reached nominal capacity level in August
Cereal Asia: Improvements on corn grinding and stability of production at Tieling. Performance improvements at Redwood
Highlights for H1 14/15 results
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Financial
Guarani: R$240.2 million capital injection from Petrobras completed in October, 2014 as planned. Tereos Internacional’s stake in Guarani now at 57.1%
Indonesia: Results of Redwood fully consolidated from this quarter
Strategy
Tereos Group: creation of Tereos Commodities, entity responsible for the trading activity and distribution of white sugar in Europe
Highlights for H1 14/15 results
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Sugarcane
Brazil:
H2 sales volume to benefit from higher starting inventory (sugar +26kt and ethanol + 71km3 vs. September 2013)
Progress in co-generation, to reach over 1,000 GWh sales also boosted by efforts to optimize own energy consumption
Reintegra tax credit (3% of exports revenues) and a possible increase in the ethanol blending ratio (from 25% to 27.5%) could be positive developments to support the S&E industry
Africa/Indian Ocean:
Indian Ocean crop volumes expected to be in line with last year despite drier than usual weather
Yields in Africa to be better YoY as a result of improved agricultural performance and favorable rain
Impact of lower European sugar prices to be more pronounced in H2
Outlook for 2014/15 results
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Cereals:
Europe:
Benefits of “Performance 2015” to continue
Despite lower cereal prices, soft demand for starch and lower isoglucose prices (following European sugar prices) somewhat hinder potential for margin restoration
Gradual phasing out of raw material conventional price mechanism and current lower ethanol prices to limit improvements in Alcohol & Ethanol segment’s profits in H2
International:
Brazil: Focus on stability of plant performance at full capacity, and customer portfolio optimization
Asia: In China, Dongguan facility to start production in H1 2015 (500,000 tonnes/year wheat grinding capacity). In Indonesia, capacity expansion and product diversification plan for Redwood being developed
Outlook for 2014/15 results
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Profile Cereal Appendix
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Guarani2016 Sugarcane
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Continue strengthening our competitiveness and leadership in Brazil
Strategy
Vision, mission and 5-year strategic planning
Detailed mix of products and future operational strategy
Technical Performance
Agriculture
Industry
Purchasing
Logistics
CAPEX
Comercial
Organization & Health
Organizational health
Performance management
New organizational structure
Guarani2016
Cargo
Program Management
PMO/coordination of several work fronts and measurement of effectiveness
64 initiatives detected in different areas
Communication activities
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Performance 2015 Cereals
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Performance 2015
Adjustment of sales approach
A revised grain purchase process in place
Cost reduction in supply-chain and purchasing
Operational improvements in plants
A new ManCo Dashboard has been implemented
Exclusive P15 project management office
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Profile Cereal Appendix
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Our strengths
GROWTH
EXPOSURE AND
SINERGIES
AMONGST BUs
BALANCED
BUSINESS
MODEL
SOLID
COMMERCIAL
POSITION
LONG TERM VISION OF OUR
SHAREHOLDERS
40. IR Contact Marcus Thieme Investor Relations Officer Felipe Mendes Investor Relations Manager
Phone: +55 (11) 3544 4900 Email: ir@tereosinternacional.com www.tereosinternacional.com
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Our shareholder structure
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Others
Guarani
Petrobras
Petrobras
Biocombustível
29.3%
56.4%
1.1%
57.1%
Tereos EU
100.0%
42.9%
Tereos
Participations
Tereos
Agro-Industrie(1)
99.0%
92.9%
Tereos Syral
Tereos
Ocean Indien
100.0%
89.9%
Sugarcane assets
Cereal assets
Syral do Brasil
99.0%
Syral Halotek
68.0%
Tereos Asia
Investment
100.0%
Yihai Kerry
Syral
49.0%
Wilmar
51.0%
13.2%
Partners
(1)
consider 3.8% owned by Tereos do Brasil
Redwood
FKS Group
50.0%
50.0%
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Profile Cereal Appendix
Division
Cereal-based starch process
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