Iochpe-Maxion reported strong results in the second quarter of 2004, with organic revenue growth, increasing cash flow generation, and a solid capital structure. The company focuses on logistics equipment and has leading market positions in Brazil. It is expanding production capacity in line with growing demand. The company has been a public company since 1984 and maintains transparency through quarterly investor meetings and a dedicated investor relations website. It has a diverse shareholder base including Bradesco bank and BNDESPAR. Subsidiary Maxion Components Estruturais is a leading producer of automotive chassis and structural components in Brazil, serving over 70% of the market.
This document summarizes a presentation by Phil Martens, President of Light Vehicle Systems at ArvinMeritor, at the 2008 Morgan Stanley Global Automotive Conference. The presentation outlines ArvinMeritor's priorities for 2008, which include radically improving costs through restructuring, improving free cash flow, capitalizing on growth in emerging markets, aligning with key customers, and launching new products. Examples of actions taken to achieve the priorities are provided. Financial assumptions for 2008 are also presented.
The document discusses plans for the Solids Benelux exhibition and conference. It provides statistics on respondents to a survey, including their industries, company sizes, job roles, and priorities. Safety and prevention, process efficiency, and cost savings were top priorities in both the Netherlands and Belgium. Most companies planned investments. The event will feature demonstrations, catering, seminars, and conferences on topics like ATEX regulations, engineering, packaging, and plant efficiency. Networking events are also planned.
Infotech Enterprises reported modest revenue growth of 2% for the fourth quarter of fiscal year 2010. Net profit increased 35% due to a 130% rise in other income and lower taxes. While revenue from the engineering and manufacturing segment grew 6%, the utilities, telecom, and government segment declined 6%. Looking forward, the company expects strong revenue growth driven by its order pipeline and improving business environment. The analyst maintains a 'Buy' rating with a target price implying 20% upside.
Champion League - Presentation by Ilker Baydar, General Manager of Hepsiburada.com at the NOAH 2012 Conference in London, Old Billingsgate on the 6th of November 2012.
For an Executive Summary of this report please contact ben.suntivarakom@visiongain.com
(+44 (0)20 7549 9976) or refer to our website: https://www.visiongain.com/Report/1409/Automotive-Composites-Market-Forecast-2015-2025
Reliance Communication's quarterly performance failed to meet expectations, with wireless revenue growing only 1.7% compared to the industry average. While the company surpassed 100 million subscribers, its broadband and global business segments saw declines. Profits grew 10.1% due to higher interest earned, but margins fell due to higher network and access costs. Going forward, profitability is expected to come under pressure from increased leverage for capex spending and acquiring 3G licenses.
Apresentação Institucional RI - Maio 2012Embraer RI
The document outlines Embraer's corporate and business strategy, product portfolio, financial results, and market outlook. The key points are:
1) Embraer's strategy focuses on organic growth, margin enhancement, diversification, and excellence in customer experience.
2) Their commercial and executive jet deliveries have grown steadily since 2007. Financial revenues have also increased each year.
3) Embraer forecasts over 7,000 new jet deliveries valued at $320 billion in the 30-120 seat market segment through 2030.
4) Their diverse product portfolio spans light executive jets to large commercial aircraft. Over 100 airlines in 48 countries operate E-Jets.
- GSM subscriber additions in India continued their declining trend in June 2011, with net additions of 9.6 million, down 10% from the previous month.
- All major operators except BSNL reported a drop in subscriber additions. Bharti and Vodafone each added 2.1 million subscribers.
- The total GSM subscriber base reached 598.8 million in June 2011, with Bharti, Vodafone, Idea and BSNL maintaining their major market shares.
This document summarizes a presentation by Phil Martens, President of Light Vehicle Systems at ArvinMeritor, at the 2008 Morgan Stanley Global Automotive Conference. The presentation outlines ArvinMeritor's priorities for 2008, which include radically improving costs through restructuring, improving free cash flow, capitalizing on growth in emerging markets, aligning with key customers, and launching new products. Examples of actions taken to achieve the priorities are provided. Financial assumptions for 2008 are also presented.
The document discusses plans for the Solids Benelux exhibition and conference. It provides statistics on respondents to a survey, including their industries, company sizes, job roles, and priorities. Safety and prevention, process efficiency, and cost savings were top priorities in both the Netherlands and Belgium. Most companies planned investments. The event will feature demonstrations, catering, seminars, and conferences on topics like ATEX regulations, engineering, packaging, and plant efficiency. Networking events are also planned.
Infotech Enterprises reported modest revenue growth of 2% for the fourth quarter of fiscal year 2010. Net profit increased 35% due to a 130% rise in other income and lower taxes. While revenue from the engineering and manufacturing segment grew 6%, the utilities, telecom, and government segment declined 6%. Looking forward, the company expects strong revenue growth driven by its order pipeline and improving business environment. The analyst maintains a 'Buy' rating with a target price implying 20% upside.
Champion League - Presentation by Ilker Baydar, General Manager of Hepsiburada.com at the NOAH 2012 Conference in London, Old Billingsgate on the 6th of November 2012.
For an Executive Summary of this report please contact ben.suntivarakom@visiongain.com
(+44 (0)20 7549 9976) or refer to our website: https://www.visiongain.com/Report/1409/Automotive-Composites-Market-Forecast-2015-2025
Reliance Communication's quarterly performance failed to meet expectations, with wireless revenue growing only 1.7% compared to the industry average. While the company surpassed 100 million subscribers, its broadband and global business segments saw declines. Profits grew 10.1% due to higher interest earned, but margins fell due to higher network and access costs. Going forward, profitability is expected to come under pressure from increased leverage for capex spending and acquiring 3G licenses.
Apresentação Institucional RI - Maio 2012Embraer RI
The document outlines Embraer's corporate and business strategy, product portfolio, financial results, and market outlook. The key points are:
1) Embraer's strategy focuses on organic growth, margin enhancement, diversification, and excellence in customer experience.
2) Their commercial and executive jet deliveries have grown steadily since 2007. Financial revenues have also increased each year.
3) Embraer forecasts over 7,000 new jet deliveries valued at $320 billion in the 30-120 seat market segment through 2030.
4) Their diverse product portfolio spans light executive jets to large commercial aircraft. Over 100 airlines in 48 countries operate E-Jets.
- GSM subscriber additions in India continued their declining trend in June 2011, with net additions of 9.6 million, down 10% from the previous month.
- All major operators except BSNL reported a drop in subscriber additions. Bharti and Vodafone each added 2.1 million subscribers.
- The total GSM subscriber base reached 598.8 million in June 2011, with Bharti, Vodafone, Idea and BSNL maintaining their major market shares.
The document provides an overview of Maxion's financial performance in the second quarter of 2007. Some key points:
- Consolidated net operating revenue decreased 3.5% to R$319 million compared to the same period last year.
- EBITDA decreased 37.5% to R$36.4 million over the previous year.
- Net income decreased 49.7% to R$13.9 million.
- Exports totaled US$33.8 million, an increase of 27.9% compared to the second quarter of 2006.
This document discusses the risks of alcoholic energy drinks and the difficulty supervisors may have identifying them. It notes that while company policies may prohibit drinking on the job, supervisors may not be able to distinguish alcoholic energy drinks from regular energy drinks without checking the label. The combination of alcohol and stimulants like caffeine in these drinks can also be dangerous as the caffeine masks the effects of alcohol consumption. It lists some popular brands of alcoholic energy drinks and provides a website for more information on the topic.
The document provides highlights and financial results for Iochpe-Maxion S.A. for 2005. Key points include:
- Net income grew 42% to R$72 million. Revenue increased 36% to R$1.494 billion and EBITDA rose 32% to R$205 million.
- Exports totaled R$231.4 million, a 20% increase, with the largest markets being the US, South America, and Europe.
- Earnings improved across key financial metrics such as gross profit, EBIT, and EBITDA margins. Net debt was low at 0.6x EBITDA.
- The company held leading market shares in Brazil for products
The document is Iochpe-Maxion's 1Q09 earnings release which summarizes the company's financial performance in the first quarter of 2009 compared to the same period in 2008. Key highlights include a 27.4% reduction in consolidated net operating revenue to R$290.6 million. EBITDA fell 58.1% to R$25.2 million and the company reported a net loss of R$3.2 million compared to a net profit in 1Q08. Exports declined 40.3% in US dollar terms. The earnings decline was driven by reductions in vehicle production and demand across key markets including Brazil, North America, and Europe.
Iochpe-Maxion reported strong organic growth in revenues and steady operational margins in the third quarter of 2004. The company has a solid capital structure and local market leadership in Brazil, and is focusing on expanding exports and increasing capacity in line with demand growth through capital expenditures. The company has been a public company since 1984 and maintains a dividend payout of 37% of net income along with board representation for minority shareholders. In the third quarter of 2004, the automotive industry in Brazil saw large increases in vehicle production and exports compared to the prior year. Iochpe-Maxion's Wheels and Chassis division achieved sales growth through increased demand from key customers.
Iochpe-Maxion reported financial results for the third quarter of 2008. Net operating revenue increased 47% to R$523 million compared to the prior year period. EBITDA grew 60.4% to R$92.2 million. Net income increased substantially to R$130.9 million, though part of this increase was due to a non-recurring gain. Exports increased 27.1% in US dollar terms. Overall results were positively impacted by growth in vehicle production and demand for railway freight cars in Brazil.
Mitel is a market leader in providing business communication solutions for organizations wanting to improve unified communications. Mitel delivers these award-winning solutions through over 40 regional offices and 300 business partners across the United States. Their unified communications solutions integrate voice, email, messaging, mobility, presence, conferencing and collaboration for more effective communication. Mitel also has the industry's most complete IP desktop portfolio built from over 30 years of experience innovating desktop technologies to meet the specialized needs of different users, groups, departments and branches within organizations.
The document discusses protecting your back by preventing injuries. It covers the physiology of the spine, types of back injuries like strains and herniated discs, and factors that increase injury risks like age, weight, and improper lifting. Force on the low back is explained, with lifting putting 10 times the weight of an object on the spine due to leverage. Proper lifting techniques and avoiding risks can help prevent back injuries.
Iochpe-Maxion - Deutsche Bank GEMS Conference PresentationIochpe-Maxion
The document is a presentation from Deutsche Bank's GEM Conference in September 2005 about Iochpe-Maxion, a Brazilian automotive components manufacturer. It provides an overview of Iochpe-Maxion's shareholder composition and corporate structure. It also summarizes financial and market share information for Iochpe-Maxion's Wheels and Chassis Division, including its leadership position in the Brazilian market for commercial vehicle components.
The document summarizes information from the Brazil Annual Conference held in Santander, Brazil in June 2005. It provides details on Iochpe-Maxion's operations, including its three divisions focused on wheels and chassis, railway equipment, and automotive components. Financial information is presented on the consolidated results of Iochpe-Maxion and its divisions for 1Q05 compared to 1Q04, showing increases in net sales, gross profit, and margins year-over-year. Market share and customer data by division is also summarized for the respective periods.
Iochpe-Maxion - 2001 Presentation With PhotosIochpe-Maxion
Iochpe-Maxion has undergone restructuring in recent years, improving operational performance and capital structure. This has created a basis for a new strategic phase focused on new projects, continuous improvement, and higher production capacity utilization. As part of this strategy, Iochpe-Maxion recently acquired assets from two companies to expand its product lines and increase synergies within existing manufacturing units.
Iochpe-Maxion - Merril Lynch Small & Mid Cap Conference PresentationIochpe-Maxion
Iochpe-Maxion operates in three divisions: wheels and chassis for commercial vehicles, railroad equipment, and automotive parts. It has plants in São Paulo and Minas Gerais states in Brazil. The company was founded in 1918 and has undergone restructuring and ownership changes. Today it has over 5,900 employees. Its largest division is wheels and chassis, which supplies parts for trucks, buses, and agricultural vehicles, accounting for 57% of sales in 9M04. This division has experienced strong and consistent growth in recent years.
Iochpe-Maxion reported financial results for the first quarter of 2006. Net income was R$14.9 million, a 1.4% decrease from the first quarter of 2005. Net operating revenue declined 3.5% to R$340.3 million compared to the same period last year. EBITDA decreased 6.4% to R$44.7 million. Net bank debt was R$150.8 million, representing a debt to EBITDA ratio of 0.7 times. The company saw declines in key markets such as light commercial vehicles, trucks, buses, and agricultural machinery in Brazil compared to the previous year.
The document provides an earnings release for Iochpe-Maxion S.A. for the second quarter of 2009. It highlights a 36.8% reduction in consolidated net operating revenue compared to the same period last year. EBITDA was down 72.1% and net income fell 89.5% year-over-year. Reduced production of trucks, buses, and agricultural machinery in Brazil along with decreased domestic demand drove the financial declines.
Una storia che narra di fate, guerrieri, demoni, incantesimi e straordinari prodigi.
In un mondo misterioso, ai limiti di una materialità trasversale, dove la stessa realtà è rappresentata soltanto dal pensiero, alcuni ricordi rafforzeranno la volontà mentre altri, come lama rovente, squarceranno il cuore.
* * * * *
Sei proprio sicuro che tutto ciò che sogni appartenga a un mondo immaginario tutto tuo? Che quella linea di confine che divide la fantasia dalla realtà sia così ben definita da capire, senza alcun dubbio, quando l’immaginazione lascia il posto alla concretezza? Un vecchio saggio racconta del nostro pianeta come una creatura viva che racchiude in sé un’anima così grande da accogliere gli spiriti smarriti in cerca della luce… quell’uomo abita in una piccola dimora ai confini del Bosco di Hern.
Quando le magiche creature del bosco contrastarono la malvagità di un mago senza scrupoli, una coraggiosa principessa iniziò la sua fantastica avventura al fianco del suo principe, non proprio azzurro...
The Impact of Agile Quantified - Agile Australia 2014Rally Software
Larry Maccherone, Director of Analytics for Rally Software, presents: The Impact of Agile Quantified. The tools to find the real-world numbers that can help you make the economic case to get the resources you need and get your people to commit to change. Learn more: http://www.rallydev.com/insights
Iochpe-Maxion - First Quarter 2006 Full PresentationIochpe-Maxion
This document provides an overview of Iochpe-Maxion S.A., a Brazilian manufacturer of automotive components and railway equipment. It discusses Iochpe-Maxion's business structure, markets, customers, strategies, financial performance, and outlook for key industries in Brazil. The presentation contains forward-looking statements and disclaims any duty to update the information provided.
Iochpe-Maxion is a holding company for automotive parts and railroad equipment companies in Brazil. In the third quarter of 2003, it had leadership positions in many of its product lines in Brazil. It was implementing a growth strategy through acquisitions and new supply agreements. Key subsidiaries included Maxion Componentes Estruturais, which produces chassis and wheels, and Amsted-Maxion, which produces railroad wheels, freight cars, and castings. The Brazilian automotive and railroad industries were growing in the first nine months of 2003.
Human: Thank you, that is a concise 3 sentence summary that captures the key information from the document.
The document discusses Iochpe-Maxion, a Brazilian company with two major operations: wheels and chassis for commercial vehicles, and equipment for the railroad industry. It has a third, smaller operation producing auto parts for passenger cars. The document provides an overview of Iochpe-Maxion's history and corporate structure, and analyzes its wheels and chassis division which produces parts for trucks, buses, and agricultural machinery, accounting for over half of its net sales. Production and export figures for the Brazilian automotive industry are also presented.
Iochpe-Maxion reported earnings for the fourth quarter of 2008 and full year 2008. Net operating revenue increased 40.7% to R$462 million in 4Q08 and 41.8% to R$1.828 billion in 2008. EBITDA grew 34.3% to R$46 million in 4Q08 and 71.7% to R$267.7 million in 2008. Net income declined 71.3% to R$4.9 million in 4Q08 but increased 195.7% to R$214.1 million for the full year 2008. The results were driven by growth in the wheels and chassis divisions as well as the impact of currency depreciation.
The document provides an overview of Maxion's financial performance in the second quarter of 2007. Some key points:
- Consolidated net operating revenue decreased 3.5% to R$319 million compared to the same period last year.
- EBITDA decreased 37.5% to R$36.4 million over the previous year.
- Net income decreased 49.7% to R$13.9 million.
- Exports totaled US$33.8 million, an increase of 27.9% compared to the second quarter of 2006.
This document discusses the risks of alcoholic energy drinks and the difficulty supervisors may have identifying them. It notes that while company policies may prohibit drinking on the job, supervisors may not be able to distinguish alcoholic energy drinks from regular energy drinks without checking the label. The combination of alcohol and stimulants like caffeine in these drinks can also be dangerous as the caffeine masks the effects of alcohol consumption. It lists some popular brands of alcoholic energy drinks and provides a website for more information on the topic.
The document provides highlights and financial results for Iochpe-Maxion S.A. for 2005. Key points include:
- Net income grew 42% to R$72 million. Revenue increased 36% to R$1.494 billion and EBITDA rose 32% to R$205 million.
- Exports totaled R$231.4 million, a 20% increase, with the largest markets being the US, South America, and Europe.
- Earnings improved across key financial metrics such as gross profit, EBIT, and EBITDA margins. Net debt was low at 0.6x EBITDA.
- The company held leading market shares in Brazil for products
The document is Iochpe-Maxion's 1Q09 earnings release which summarizes the company's financial performance in the first quarter of 2009 compared to the same period in 2008. Key highlights include a 27.4% reduction in consolidated net operating revenue to R$290.6 million. EBITDA fell 58.1% to R$25.2 million and the company reported a net loss of R$3.2 million compared to a net profit in 1Q08. Exports declined 40.3% in US dollar terms. The earnings decline was driven by reductions in vehicle production and demand across key markets including Brazil, North America, and Europe.
Iochpe-Maxion reported strong organic growth in revenues and steady operational margins in the third quarter of 2004. The company has a solid capital structure and local market leadership in Brazil, and is focusing on expanding exports and increasing capacity in line with demand growth through capital expenditures. The company has been a public company since 1984 and maintains a dividend payout of 37% of net income along with board representation for minority shareholders. In the third quarter of 2004, the automotive industry in Brazil saw large increases in vehicle production and exports compared to the prior year. Iochpe-Maxion's Wheels and Chassis division achieved sales growth through increased demand from key customers.
Iochpe-Maxion reported financial results for the third quarter of 2008. Net operating revenue increased 47% to R$523 million compared to the prior year period. EBITDA grew 60.4% to R$92.2 million. Net income increased substantially to R$130.9 million, though part of this increase was due to a non-recurring gain. Exports increased 27.1% in US dollar terms. Overall results were positively impacted by growth in vehicle production and demand for railway freight cars in Brazil.
Mitel is a market leader in providing business communication solutions for organizations wanting to improve unified communications. Mitel delivers these award-winning solutions through over 40 regional offices and 300 business partners across the United States. Their unified communications solutions integrate voice, email, messaging, mobility, presence, conferencing and collaboration for more effective communication. Mitel also has the industry's most complete IP desktop portfolio built from over 30 years of experience innovating desktop technologies to meet the specialized needs of different users, groups, departments and branches within organizations.
The document discusses protecting your back by preventing injuries. It covers the physiology of the spine, types of back injuries like strains and herniated discs, and factors that increase injury risks like age, weight, and improper lifting. Force on the low back is explained, with lifting putting 10 times the weight of an object on the spine due to leverage. Proper lifting techniques and avoiding risks can help prevent back injuries.
Iochpe-Maxion - Deutsche Bank GEMS Conference PresentationIochpe-Maxion
The document is a presentation from Deutsche Bank's GEM Conference in September 2005 about Iochpe-Maxion, a Brazilian automotive components manufacturer. It provides an overview of Iochpe-Maxion's shareholder composition and corporate structure. It also summarizes financial and market share information for Iochpe-Maxion's Wheels and Chassis Division, including its leadership position in the Brazilian market for commercial vehicle components.
The document summarizes information from the Brazil Annual Conference held in Santander, Brazil in June 2005. It provides details on Iochpe-Maxion's operations, including its three divisions focused on wheels and chassis, railway equipment, and automotive components. Financial information is presented on the consolidated results of Iochpe-Maxion and its divisions for 1Q05 compared to 1Q04, showing increases in net sales, gross profit, and margins year-over-year. Market share and customer data by division is also summarized for the respective periods.
Iochpe-Maxion - 2001 Presentation With PhotosIochpe-Maxion
Iochpe-Maxion has undergone restructuring in recent years, improving operational performance and capital structure. This has created a basis for a new strategic phase focused on new projects, continuous improvement, and higher production capacity utilization. As part of this strategy, Iochpe-Maxion recently acquired assets from two companies to expand its product lines and increase synergies within existing manufacturing units.
Iochpe-Maxion - Merril Lynch Small & Mid Cap Conference PresentationIochpe-Maxion
Iochpe-Maxion operates in three divisions: wheels and chassis for commercial vehicles, railroad equipment, and automotive parts. It has plants in São Paulo and Minas Gerais states in Brazil. The company was founded in 1918 and has undergone restructuring and ownership changes. Today it has over 5,900 employees. Its largest division is wheels and chassis, which supplies parts for trucks, buses, and agricultural vehicles, accounting for 57% of sales in 9M04. This division has experienced strong and consistent growth in recent years.
Iochpe-Maxion reported financial results for the first quarter of 2006. Net income was R$14.9 million, a 1.4% decrease from the first quarter of 2005. Net operating revenue declined 3.5% to R$340.3 million compared to the same period last year. EBITDA decreased 6.4% to R$44.7 million. Net bank debt was R$150.8 million, representing a debt to EBITDA ratio of 0.7 times. The company saw declines in key markets such as light commercial vehicles, trucks, buses, and agricultural machinery in Brazil compared to the previous year.
The document provides an earnings release for Iochpe-Maxion S.A. for the second quarter of 2009. It highlights a 36.8% reduction in consolidated net operating revenue compared to the same period last year. EBITDA was down 72.1% and net income fell 89.5% year-over-year. Reduced production of trucks, buses, and agricultural machinery in Brazil along with decreased domestic demand drove the financial declines.
Una storia che narra di fate, guerrieri, demoni, incantesimi e straordinari prodigi.
In un mondo misterioso, ai limiti di una materialità trasversale, dove la stessa realtà è rappresentata soltanto dal pensiero, alcuni ricordi rafforzeranno la volontà mentre altri, come lama rovente, squarceranno il cuore.
* * * * *
Sei proprio sicuro che tutto ciò che sogni appartenga a un mondo immaginario tutto tuo? Che quella linea di confine che divide la fantasia dalla realtà sia così ben definita da capire, senza alcun dubbio, quando l’immaginazione lascia il posto alla concretezza? Un vecchio saggio racconta del nostro pianeta come una creatura viva che racchiude in sé un’anima così grande da accogliere gli spiriti smarriti in cerca della luce… quell’uomo abita in una piccola dimora ai confini del Bosco di Hern.
Quando le magiche creature del bosco contrastarono la malvagità di un mago senza scrupoli, una coraggiosa principessa iniziò la sua fantastica avventura al fianco del suo principe, non proprio azzurro...
The Impact of Agile Quantified - Agile Australia 2014Rally Software
Larry Maccherone, Director of Analytics for Rally Software, presents: The Impact of Agile Quantified. The tools to find the real-world numbers that can help you make the economic case to get the resources you need and get your people to commit to change. Learn more: http://www.rallydev.com/insights
Iochpe-Maxion - First Quarter 2006 Full PresentationIochpe-Maxion
This document provides an overview of Iochpe-Maxion S.A., a Brazilian manufacturer of automotive components and railway equipment. It discusses Iochpe-Maxion's business structure, markets, customers, strategies, financial performance, and outlook for key industries in Brazil. The presentation contains forward-looking statements and disclaims any duty to update the information provided.
Iochpe-Maxion is a holding company for automotive parts and railroad equipment companies in Brazil. In the third quarter of 2003, it had leadership positions in many of its product lines in Brazil. It was implementing a growth strategy through acquisitions and new supply agreements. Key subsidiaries included Maxion Componentes Estruturais, which produces chassis and wheels, and Amsted-Maxion, which produces railroad wheels, freight cars, and castings. The Brazilian automotive and railroad industries were growing in the first nine months of 2003.
Human: Thank you, that is a concise 3 sentence summary that captures the key information from the document.
The document discusses Iochpe-Maxion, a Brazilian company with two major operations: wheels and chassis for commercial vehicles, and equipment for the railroad industry. It has a third, smaller operation producing auto parts for passenger cars. The document provides an overview of Iochpe-Maxion's history and corporate structure, and analyzes its wheels and chassis division which produces parts for trucks, buses, and agricultural machinery, accounting for over half of its net sales. Production and export figures for the Brazilian automotive industry are also presented.
Iochpe-Maxion reported earnings for the fourth quarter of 2008 and full year 2008. Net operating revenue increased 40.7% to R$462 million in 4Q08 and 41.8% to R$1.828 billion in 2008. EBITDA grew 34.3% to R$46 million in 4Q08 and 71.7% to R$267.7 million in 2008. Net income declined 71.3% to R$4.9 million in 4Q08 but increased 195.7% to R$214.1 million for the full year 2008. The results were driven by growth in the wheels and chassis divisions as well as the impact of currency depreciation.
Total revenue for the year ended March 31, 2004 was Rs. 764 crores, up 24% from the previous year. Revenue from customer services increased from 54% to 63% of total revenue. Profit before tax was up 16% to Rs. 65.7 crores and profit after tax was up 30% to Rs. 48 crores. Margins improved with operating margins at 8.2%, PBT margins at 9% and PAT margins at 6.3%. Earnings per share increased 39% to Rs. 31.38 and book value per share increased 31% to Rs. 107.
- Iochpe-Maxion reported consolidated net operating revenue of R$442.1 million for 2Q08, an increase of 38.6% over 2Q07.
- EBITDA for 2Q08 was R$71.9 million, an increase of 97.3% compared to 2Q07.
- Net income for 2Q08 was R$44.1 million, an increase of 217.5% over 2Q07.
This document provides highlights and financial results from Localiza Rent a Car S.A.'s 2006 presentation. Some key points:
1. The company experienced strong growth in 2006 with a 31% increase in average fleet size and 29% revenue growth.
2. Profitability also increased with net income growing 32% and EBITDA margin declining slightly from 32.6% to 27.3%.
3. Localiza continued to invest heavily in expanding its footprint, doubling used car points of sale and increasing rental locations by 24%.
4. The company maintained a consistent spread between return on invested capital and weighted average cost of capital, generating increased economic value added of 29.9% in
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.
Localiza Rent a Car S.A. presented its 3Q06 results, highlighting:
1) 62.8% growth in net income, with increases in car rental, fleet rental, and used car sales volumes.
2) Improvements in key metrics like car rental utilization rate and EBITDA margins across segments.
3) An integrated business platform operating across Brazil with plans to leverage opportunities for organic growth and market consolidation to further expand volumes and achieve scale gains.
The document is a slide presentation for an analyst conference call summarizing Piaggio Group's full year 2009 financial results. It shows that while net sales decreased 5.3% year-over-year, EBITDA increased 6.2% due to cost cutting measures. Net income also increased 9.4% despite the sales decline. The net financial position improved slightly from €359.7 million to €352 million due to positive operating cash flow and reductions in working capital and equity.
The document analyzes profitability ratios of 20 manufacturing companies over 5 years and correlates these ratios with return on capital employed and market capitalization. It evaluates companies where trading volume was over 50,000 and share price was between 100-250 rupees. For some companies like Tata Motors, Godrej Industries, and Amar Remedies, return on capital employed reduced significantly while it improved for most other companies. The document analyzes these ratios in detail for 5 sample companies - Tata Motors, Crompton Greavs, ITC, Amar Remedies and Astral Polytechnik.
sonic automotive SAHStephens20June20Conference20Presentationfinance43
This document contains forward-looking statements by a company and its management regarding future performance. These statements are predictions and not guarantees. Readers are cautioned that actual results may differ from projected results due to various risks and uncertainties. Historical financial data is also presented regarding the company's revenues, profits, expenses, capitalization, and same-store sales growth. The company's strategic plans to improve performance through initiatives regarding used vehicles, parts and service, marketing, associate training, and financial management are summarized.
sonic automotive SAHStephens20June20Conference20Presentationfinance43
This document contains forward-looking statements by a company regarding its future performance. These statements are predictions and not guarantees. The document cautions readers that actual results may differ from projections due to various risk factors. It provides the company's revenue breakdown by division and lists initiatives in used vehicles, parts/service/collision repair, finance/insurance, associate training, and marketing.
The document discusses WEG S.A., a Brazilian manufacturer of electric motors, generators, transformers, and gearboxes. It provides an overview of WEG's business units and key markets. It also summarizes the company's financial performance between 2004-2010, with revenues growing at a CAGR of 17% and EBITDA growing at 16%. The document highlights opportunities for WEG in areas like energy management, renewable energy, smart infrastructure, and electric vehicles.
Amara Raja Batteries-Management Meet NoteAngel Broking
- Management indicated strong demand for batteries from the growing automobile industry and pickup in industrial activities.
- The company plans capacity expansions to meet increasing demand and expects to clock 15% CAGR in industrial batteries over the next few years.
- While demand from telecom batteries has contracted, the company expects 6-7% annual growth and is optimistic about long-term replacement demand.
Logistics management in indian automotive component industrylogautam
The document discusses logistics management in the Indian automotive component industry. It notes that efficient logistics management is now essential for leading firms in the industry given global opportunities. The industry has grown significantly in recent decades in both production and exports. Leading firms now have efficient logistics systems to handle activities like demand forecasting, inventory management, order processing, packaging, and purchasing among others. Logistics management helps firms meet the stringent quality and time demands of global customers.
The document summarizes findings from a study on the Indian automotive aftermarket. It provides data on vehicle population in India segmented by type of vehicle. It estimates that as of 2010 there were over 94 million vehicles on Indian roads, with two-wheelers accounting for 76% of the total. The document also shares insights on the size and growth projections of the auto component industry in India as well as trends in vehicle distribution across different states and cities.
Localiza is the largest car rental company in Brazil with 310 agencies across 9 countries. In 2005, Localiza increased its market share in Brazil to 18% and saw net revenue growth of 38.2% along with a 17.6% increase in net income. Localiza has expanded its fleet from 15.1 thousand vehicles in 2003 to 26.1 thousand in 2005 through continued investment. While growing its business, Localiza has maintained strong returns with a 2005 return on equity of 36.7%.
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Peter Beyeler, Global eProcurement & Automation Manager – Clariant
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The E-Way Bill revolutionizes logistics by digitizing the documentation of goods transport, ensuring transparency, tax compliance, and streamlined processes. This mandatory, electronic system reduces delays, enhances accountability, and combats tax evasion, benefiting businesses and authorities alike. Embrace the E-Way Bill for efficient, reliable transportation operations.
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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MUTUAL FUNDS (ICICI Prudential Mutual Fund) BY JAMES RODRIGUESWilliamRodrigues148
Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities. They are managed by professional portfolio managers or investment companies who make investment decisions on behalf of the fund's investors.
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2. 2004 Second Quarter Results
Iochpe-Maxion : Fundamentals
Strong organic growth of revenues
Growing cash flow generation
Solid capital structure
Focus on equipments related to the logistics industry
Local market leadership
Growing exports
Capacity expansion in line with demand growth
2
3. 2004 Second Quarter Results
Iochpe-Maxion: Capital Markets and Governance
Public company since 1984
Investor Relationship
Quarterly meetings
Website – exclusive IR content
Dedicated IR team
Dividend Payout – 37% of net income after legal reserve
Stock
Growing liquidity and float
Low Economic Value / EBITDA ratio
Board with 1 independent member and without any officer
Audit Board (“Conselho Fiscal”) with 1 representative of the non-
controlling shareholders
3
9. 2004 Second Quarter Results
Maxion Componentes Estruturais
Chassis and Siderails - 51% of net sales
Heavy Medium Light
Stamped Parts Structural
Siderails Parts
Chassis
9
10. 2004 Second Quarter Results
Maxion Componentes Estruturais
Wheels for Vehicles - 49% of net sales
10
12. 2004 Second Quarter Results
Maxion Componentes Estruturais - Chassis
Market Share %
1H04 1H03
73% 74%
OEM OEM
11% 10%
16% 16%
Dana Dana
Maxion Maxion
12
13. 2004 Second Quarter Results
Maxion Componentes Estruturais - Chassis
Net sales breakdown by customer %
1H04 – R$ 139,1MM 1H03 – R$ 95,3 MM
Volks- Volks-
wagen General General
Motors wagen
23% 26% Motors
12%
13%
Ford
8%
6% Ford
7% Export
26% 26% 10% Export
5%
Scania 5%
19% Daimler 14% Scania
Daimler Chrysler
Chrysler Other Other
13
14. 2004 Second Quarter Results
Maxion Componentes Estruturais - Chassis
New Orders: R$ 15,9 MM per year
C H A S S IS C o u n tr y S ta r tin g Annual
D a te S a le s R $ M M
S id e r a ils - W o r k h o r s e USA S e p -0 3 5 ,4
M e d iu m S t a m p in g s - D a im le r C h r y s le r B r a z il A u g -0 4 3 ,1
C h a s s is ( C K D - M é x ic o ) - V o lk s w a g e n B r a z il M a r-0 4 2 ,3
C h a s s is - V o lk s w a g e n B r a z il A p r-0 4 2 ,2
L ig h t S t a m p in g s - D a im le r C h r y s le r B r a z il J u n -0 4 1 ,3
S ta m p e d P a rts - S tre p a ra v a - I v e c o B r a z il S e p -0 3 0 ,9
M e d iu m S t a m p in g s - P e u g e o t C it r o e n B r a z il O c t-0 4 0 ,4
S id e r a il R e in f o r c e m e n t - D a im le r C h r y s le r B r a z il M a y -0 4 0 ,3
14
15. 2004 Second Quarter Results
Maxion Componentes Estruturais - Wheels
Market Share %
1H04 1H03
Other Other
9% 10%
39% 39%
52% 51%
Borlem Borlem
(Hayes) Maxion (Hayes) Maxion
15
16. 2004 Second Quarter Results
Maxion Componentes Estruturais - Wheels
Net sales breakdown by customer %
1H04 – R$ 130,4MM 1H03 – R$ 87,3 MM
Volks- Volks-
wagen Scania
wagen Scania
Volvo
6% 12% Volvo
After 11% 5% After 6%
market market 4%
Other 13%
15% 14% Other
11%
28%
Export 2 3 % 26% Export 26% Tractors
Tractors
16
17. 2004 Second Quarter Results
Maxion Componentes Estruturais - Wheels
NEW ORDERS: R$ 26,6 MM per year
W HEELS C o u n tr y S t a r t in g D a t e A n n u a l S a le s
R$ M M
GKN E u ro p e / U S A S e p -0 3 1 5 ,7
J o h n D e e re B r a z il N o v -0 4 3 ,2
S tip T u n is M a y -0 4 2 ,3
D u n lo p S o u th A f r ic a J u n -0 4 1 ,5
K u rt L e y s e r C o rp . S o u th A f r ic a A p r-0 4 1 ,5
MAAP M o ro c c o M a y .0 4 1 ,0
B r id g e s to n e S p a in F e b -0 4 0 ,8
K r is ta n a s S p ir o s G re e c e J u l- 0 4 0 ,6
17
20. 2004 Second Quarter Results
Maxion Componentes Automotivos R$ MM
Net Sales
150 .a.
GR = 7,7% a 1 2 7 ,6
CA
1 1 4 ,3
9 9 ,0 %
24,2
9 8 ,1
100 9 1 ,5 9 3 ,6
% =
Var 6 8 ,3
%
5 5 ,0 = 33,9
%
50 Var 3 4 , 4
2 5 ,7
0
1999 2000 2001 2002 2003 2Q04 LTM 1H03 1H04 2Q03 2Q04
LTM = Last 12 months / CAGR = Compounded Annually Growth Rate
20
21. 2004 Second Quarter Results
Maxion Componentes Automotivos
Market Share % 1H04 1H03
Window raiser mechanism 43% 42%
Hand break lever 43% 45%
Latch 10% 12%
Knob / Keys / Cylinder (KKC) 8% 9%
Jack 20% 15%
21
22. 2004 Second Quarter Results
Maxion Componentes Automotivos
Net sales breakdown by customer %
1H04 – R$ 68,3MM 1H03 – R$ 55,0 MM
General General
Motors Motors
25% 22%
Volks-
Volks- 20% wagen
15% wagen
31% 29%
13% 10%
Fiat SAS
SAS 7 % (Faurecia)
Fiat 5%4 % 7 % (Faurecia) 4% 8% Ford
Ford
Other After Other After
market market
22
23. 2004 Second Quarter Results
Maxion Componentes Automotivos
New Orders: R$ 9,3 MM per year
M odel P ro d u c t S t a r t in g A n n u a l S a le s
D a te R$ M M
T ru c k - V W W in d o w r a is e r / K K C / L o c k J u n -0 5 7 ,3
Fox - VW Jack O c t- 0 3 0 ,9
C e lta - G M W in d o w r a is e r M a y -0 4 0 ,8
P ic k - u p M o n ta n a - G M L a tc h N o v -0 3 0 ,3
23
24. 2004 Second Quarter Results
Brazilian market of railroad equipment
Sales 2Q04 2Q03 Var% 1H04 1H03 Var%
Railroad freight cars – units 1.563 492 218% 2.616 828 216%
Railroad wheels – thous. units 10,3 3,9 161% 16,8 18,1 (7%)
Railroad castings – thous. ton 1,2 0,6 121% 2,0 0,9 129%
Does not include wheels and castings used in the assembly of new freight cars
24
25. Subsidiaries :
AMSTED MAXION FUNDIÇÃO E EQUIPAMENTOS FERROVIÁRIOS (Amsted Maxion Foundry and Railroad Equipments)
29%
33. 2004 Second Quarter Results
Corporate Restructuring
Goal: have all autopart activities under a single entity in order to
obtain operational, administrative and tax sinergies
Transaction
Transfer of assets and liabilities of Maxion Componentes Estruturais
to Maxion Componentes Automotivos, evaluated at book value
In exchange of the assets and liabilities received, Maxion Componentes
Automotivos issued shares in favor of Maxion Componentes Estruturais
Change of denomination from Maxion Componentes Automotivos to Maxion
Sistemas Automotivos (Maxion Automotive Systems), followed by the change
of headquarters to Cruzeiro-SP
Creation of two divisions at Maxion Sistemas Automotivos
Strucutural Components Division – wheels and chassis
Automotive Components Division – automotive components
33
36. 2004 Second Quarter Results
First Halfs Comparison % net sales
Operational Margins
2 2 ,1 % 2 2 ,0 %
2 0 ,8 %
1 9 ,4 %
1 7 ,2 %
1 6 ,6 %
1 5 ,6 % 1 4 ,7 %
1 4 ,4 %
1 2 ,1 %
1 0 ,3 % 1 1 ,6 %
8 ,9 %
6 ,7 %
6 ,2 %
4 ,5 % 4 ,2 %
-0 ,3 %
-3 ,8 %
-6 ,9 % G r o s s P r o f it E b itd a E b it O p e r a ti o n R e s u lt
1H00 1H01 1H02 1H03 1H04
36
37. 2004 Second Quarter Results
First Halfs Comparison R$ MM
Operational Margins 1 0 0 ,2
6 8 ,3 7 1 ,0
4 7 ,5 5 5 ,8
4 5 ,0 4 8 ,4
3 7 ,9
3 3 ,4 3 3 ,7 3 2 ,1 3 2 ,5
2 8 ,0
1 8 ,2
9 ,9 1 2 ,1 1 2 ,9
(0 ,8 )
(7 ,4 )
(1 2 ,3 ) G r o s s P r o f it E b itd a E b it O p e r a tio n R e s u lt
1H00 1H01 1H02 1H03 1H04
37
38. 2004 Second Quarter Results
5 Year Comparison % net sales
Operational Margins
2 1 ,4 % 2 1 ,1 %
2 0 ,2 % 1 9 ,9 %
1 8 ,5 %
1 6 ,8 %
1 5 ,5 %
1 3 ,2 % 1 3 ,2 %
8 ,8 % 8 ,9 % 8 ,5 % 9 ,6 %
7 ,2 %
4 ,6 %
7 ,4 % 2 ,9 %
-3 ,8 % -4 ,4 %
-3 ,9 %
G r o s s P r o f it E b itd a E b it O p e r a ti o n R e s u lt
2000 2001 2002 2003 2Q04 LTM
LTM = last 12 months
38
39. 2004 Second Quarter Results
5 Year Comparison R$ MM
1 6 8 ,5
Operational Margins
1 3 6 ,6
1 1 5 ,7
1 1 2 ,0
8 6 ,6 8 9 ,4
8 0 ,1
8 1 ,1
6 9 ,0
5 5 ,0 5 7 ,9 5 7 ,5
3 6 ,4 3 8 ,9
2 7 ,0
4 6 ,3 1 9 ,4
(1 4 ,2 ) (1 7 ,9 )
(2 4 ,5 )
G r o s s P r o f it E b itd a E b it O p e r a tio n R e s u lt
2000 2001 2002 2003 2Q04 LTM
LTM = last 12 months
39
40. 2004 Second Quarter Results
5 Year Comparison R$ MM
Net Sales
1000 a.a.
,7%
8 4 6 ,9
38
Disposals =
5 ,1%
750
6 1 5 ,4 6 2 4 ,0 A GR 6 7 5 ,7
=5
C r %
Va %
4 8 2 ,1
5,6
500 4 1 1 ,2 =6
3 7 3 ,7 %
3 1 0 ,9 Var 2 6 9 ,2
250 1 6 2 ,6
0
1999 2000 2001 2002 2003 2Q04 LTM 1H03 1H04 2Q03 2Q04
LTM = Last 12 months / CAGR = Compounded Annually Growth Rate
40
41. 2004 Second Quarter Results
Consolidated
Net sales breakdown by customer %
1H04 – R$ 482,1 MM 1H03 – R$ 310,9 MMM
Daimler
Chrysler Daimler
Export. Chrysler
Export. Tractors
9% General 15% 10%
12% 7% Tractors
Motors Volks-
7% 7%
Volks- After wagen
wagen 1 2 % 15% General
5 % market 8% Motors
4% MRS
5% After
4% 1 % market
18% Fiat 16% 5 % MRS
CVRD 22% CVRD 18% Fiat
Other Other
41
42. 2004 Second Quarter Results
Net sales breakdown by customer segment %
Customer Segment 1H04 1H03
OEM producing in the country 61% 65%
- Bus, truck and light commercial 48% 47%
- Car 13% 18%
Brazilian railroad operators 27% 20%
Export 12% 15%
42
44. 2004 Second Quarter Results
Export by destination %
1H04 – US$ 19,6MM / R$ 58,8MM 1H03 – US$ 14,7MM / R$ 50,8MM
Canada
Mexico
Canada 21%
13% 2%
South
Mexico 1 7 % America
50% 3%
USA
32% 4% Asia /
18%
South USA Oceania
America 9%
1%
7% 8% 15% Europe
Asia /
Oceania
Africa / Europe Africa /
Middle East Middle East
44
45. 2004 Second Quarter Results
Income Statement R$ MM
1 H 0 4 % s a le s 1 H 0 3 % s a le s V a r%
N e t s a le s 4 8 2 .0 9 4 1 0 0 ,0 % 3 1 0 .8 6 4 1 0 0 , 0 % 5 5 ,1 %
( - ) C o s t o f p r o d u c t s s o ld (3 8 1 .9 3 4 ) - 7 9 ,2 % (2 4 2 .6 1 7 ) - 7 8 ,0 % 5 7 ,4 %
G r o s s p r o f it 1 0 0 .1 6 0 2 0 ,8 % 6 8 .2 4 7 2 2 ,0 % 4 6 ,8 %
O P E R A T IO N A L E X P E N S E S
S a le s ( 2 5 .3 5 8 ) - 5 ,3 % ( 1 9 .8 1 0 ) - 6 ,4 % 2 8 ,0 %
A d m i n i s t r a ti v e ( 2 0 .0 1 3 ) - 4 ,2 % ( 1 5 .5 9 5 ) - 5 ,0 % 2 8 ,3 %
O th e r 968 0 ,2 % (7 1 5 ) - 0 ,2 % -2 3 5 ,4 %
( 4 4 .4 0 3 ) - 9 ,2 % ( 3 6 .1 2 0 ) - 1 1 ,6 % 2 2 ,9 %
E B IT 5 5 .7 5 7 1 1 ,6 % 3 2 .1 2 7 1 0 ,3 % 7 3 ,6 %
N e t fi n a n c i a l e x p e n s e s ( 2 3 .2 4 7 ) - 4 ,8 % ( 1 9 .1 8 5 ) - 6 ,2 % 2 1 ,2 %
O p e r a t io n R e s u l t 3 2 .5 1 0 6 ,7 % 1 2 .9 4 2 4 ,2 % 1 5 1 ,2 %
N o n - o p e r a t i o n a l r e s u lt ( 4 .3 1 2 ) - 0 ,9 % (5 7 ) 0 ,0 % 7 4 6 4 ,9 %
E a r n i n g s b e f o r e t a x e s a n d m i n o r it y in t . 2 8 .1 9 8 5 ,8 % 1 2 .8 8 5 4 ,1 % 1 1 8 ,8 %
T a x e s a n d m i n o r i ty i n te re s t ( 1 3 .8 8 0 ) - 2 ,9 % ( 8 .9 5 6 ) - 2 ,9 % 5 5 ,0 %
N e t In c o m e 1 4 .3 1 8 3 ,0 % 3 .9 2 9 1 ,3 % 2 6 4 ,4 %
E B IT D A 7 0 .9 6 2 1 4 ,7 % 4 8 .4 2 4 1 5 ,6 % 4 6 ,5 %
45
47. 2004 Second Quarter Results
Bank Debt Breakdown – Jun04 R$ MM
DEBT TYPE SHORT LONG TOTAL
Local Bonds 2 6 ,1 2 6 ,1
T r a d e F in a n c e / E x p o r t L in e s 4 7 ,8 4 7 ,2 9 5 ,0
E q u ip m e n t L in e s 3 4 ,3 2 0 ,4 5 4 ,7
Hot M oney 3 ,1 3 ,1
1 1 1 ,3 6 7 ,6 1 7 8 ,9
(- ) C a s h a n d M a r k e t a b le S e c u r it ie s 2 6 ,9 2 ,5 2 9 ,4
Net Debt 8 4 ,4 6 5 ,1 1 4 9 ,5
47
48. 2004 Second Quarter Results
Bank Debt Index Breakdown – Jun04
TJLP
50% 27% (Equipment
Lines)
Dollar
15%
3% INPC
5% (consumer
IGPM inflation)
CDI
(general (interbank)
inflation)
48
49. 2004 Second Quarter Results
Consolidated Foreign Currency Exposure – Jun04 US$ MM
B a la n c e
A s s e ts d e n o m in a te d in fo re ig n c u rre n c y
. M a r k e t a b l e S e c u r it ie s / In v e s t m e n t s 3 ,8
. A c c o u n t s R e c e iv a b l e 5 ,4
9 ,2
L ia b ilitie s d e n o m in a te d in fo re ig n c u rre n c y
. B a n k D e b t ( E x p o r t L in e s / O t h e r ) (2 8 ,6 )
. A c c o u n ts P a y a b le (3 ,6 )
(3 2 ,2 )
N e t P o s itio n (2 3 ,0 )
49
50. 2004 Second Quarter Results
Stock Performance
R $ TH O U S .
R $ / TH O U S . S H A R ES
2 6 .0 0 0
V O L U M E / M O N T H L Y A V E R A G E P R IC E 12 0 ,0
2 3 .8 8 1
IO C H P E - M A X IO N P N ( M Y P K 4 ) 10 3 ,8 7
2 2 .0 0 0 9 7 ,9 8 10 5 ,0
9 4 ,18
8 4 ,3 9 0 ,0
18 .0 0 0 8 0 ,9 8 0 ,7 7
7 9 ,6 3 8 1,3 0 7 5 ,0
8 0 ,4 7 8 ,5 1
14 .0 0 0
VO L U M E
6 0 ,0
5 1,9
10 .0 0 0 A V E R A G E P R IC E 8 .2 5 6
4 5 ,0
6 .0 0 0 4 .0 9 4
2 4 ,7 2 7 ,6 3 .6 8 9 3 .19 7 3 .7 5 5 2 .8 15 3 0 ,0
2 .6 6 5
2 6 ,8 2 5 ,2 2 6 ,8 2 6 ,4 1.3 9 8
2 .0 0 0 2 3 ,5 2 4 ,2 2 5 ,1 758 8 9 5
3 5 115 10 4 5 0 5 0 12 5 17 7 3 12 13 6 15 ,0
( 2 .0 0 0 ) -
2 3 3 3 3 3 3 03 3 3 3 3 3 4 4 4 4 4 4 04
c / 0 n / 0 b / 0 r / 0 r / 0 y / 0 n / 0 ju l/ g / 0 p / 0 t / 0 v / 0 z / 0 n / 0 b / 0 r / 0 r / 0 y / 0 n / 0 ju l/
a p c a p
d e ja f e m a m a ju a u s e o n o d e ja f e m a m a ju
50
52. 2004 Second Quarter Results
Benchmark – Gross Profit % net sales
G e n te x
S to n e r i d g e
E a to n
S tr a tte c
Io c h p e - M a x i o n
F e d e ra l M o g u l
B o rg W a rn e r
C u m m in s
T i ta n
Te nne co
A u to li v
A m e r i c a n A x le
J o h n s o n C o n tr o ls
D u ra
V a le o
S u p e rio r
D a na
T R W A u to
C o lli n s & A i k m a n
A r v i n M e r i to r
D e lp h i
Tow er
Lear
In te r m e t
V i s te o n
0% 10% 20% 30% 40%
Avg. = 15% 2Q04 2Q03
Source: Companies releases
2004 first 6 months results of each company, except fot Strattec with 12 months result, ArvinMeritor and
Johnson Controls with 9 months.
52
53. 2004 Second Quarter Results
Benchmark – EBIT % net sales
G e n te x
S tr a tt e c
Io c h p e - M a x i o n
S to n e r i d g e
A u t o li v
B o rg W a rn e r
E a to n
A m e r i c a n A x le
S u p e rio r
T i ta n
T R W A u to
D a na
Te nne co
D u ra
C u m m in s
F a u re c ia
J o h n s o n C o n t r o ls
Tower
F e d e ra l M o g u l
Lear
V a le o
A r v i n M e r i to r
C o lli n s & A i k m a n
D e lp h i
In t e r m e t
V i s te o n
-5 % 5% 15% 25% 35%
A vg . = 6 % 2Q04 2Q03
Source: Companies releases
2004 first 6 months results of each company, except fot Strattec with 12 months result, ArvinMeritor and
Johnson Controls with 9 months.
53
54. 2004 Second Quarter Results
Benchmark – EBITDA % net sales
S tr a tte c
Io c h p e - M a x i o n
B o rg W a rn e r
A m e r i c a n A x le
A u t o li v
T i ta n
T R W A u to
V a le o
Tow er
Te nne co
F e d e ra l M o g u l
D a na
D u ra
C u m m in s
In t e r m e t
F a u re c ia
J o h n s o n C o n t r o ls
D e lp h i
A r v i n M e r i to r
C o lli n s & A i k m a n
Lear
V i s te o n
0% 5% 10% 15% 20%
2Q04 2Q03
A vg . = 1 0 %
Source: Companies releases
2004 first 6 months results of each company, except fot Strattec with 12 months result, ArvinMeritor and
Johnson Controls with 9 months.
54