1Q14
RESULTS:
BREAKING RECORDS
2
A quarter of record-breaking reaffirming the successful
strategy of Kepler Weber
o Net Revenues: growth of 45.0% to R $ 173.3 million, reflecting the excellent time in the agribusiness
market and the successful diversification of the Company's strategy.
o Gross Profit: R$43.3 million, growth of 63.4% due primarily to productivity gains and increased
volumes.
o Net Profit: Historical growth for 1Q14 176.4% to R$ 23.8 million, resulting from improved operating
results.
o EBITDA: R$ 34.8 million, an increase of 125.4% and a margin of 20.1%, maintaining margins with best-
in-class to world levels in agribusiness.
o Cash generation: reached R$ 37.7 million, a significant increase compared to the same period last
year (R$ 6 million in 1Q13).
o Net debt: at the end of the 1Q14 was negative R$ 20.8 million, a decrease of R$ 18.6 million
compared to the end of 2013.
Excellent results that confirm our strategyExcellent results that confirm our strategy
3
Net revenues boosted by favorable domestic market conditions and
portfolio renewal strategy
NET REVENUES – R$ ThousandNET REVENUES – R$ Thousand
+45.0%
Parts and Services +43.2%
119,521
5,705 (5%)
11,900 (10%)
4,377 (4%)
97,539
(82%)
16,892 (10%)
20,227 (12%)
8,172 (5%)
173,270
1Q14
Storage +31.2%
Bulk Handling +285.9%
Exports +70.0%
1Q13
127,979
(81%)
4
Production –Tons. Output –Tons.
Production and output increase boosted by strong growth in
demand
Backlog – R$ Thousand
+1,819
(+13%)
1Q141Q13
15,51913,700
19,729
16,400
+3,329
(+20%)
1Q13 1T141Q14
192,500
MAR/14
+196,180
(+102%)
388,680
MAR/13
5
GROSS PROFIT (R$ Thousand)
GROSS MARGIN (%)
CONTRIBUTION MARGIN
Net Revenue (-) Variable Costs
Strong growth in gross profit
Gross profit increase boosted by gains in operational efficiencyGross profit increase boosted by gains in operational efficiency
+16,800
(+63%)
1Q14
43,303
25%
1Q13
26,503
22%
1Q14
1.7 p.p.
39.5%
1Q13
37.8%
6
EBITDA grew by 125%, reaching a 20% margin, with margins remaining best-in-
class to world levels in agribusiness
EBITDA grew by 125%, reaching a 20% margin, with margins remaining best-in-
class to world levels in agribusiness
+19,345
(+125%)
1Q14
34,772
20%
1Q13
15,427
13%
EBITDA (R$ Thousand)
EBITDA MARGIN (%)
Net Result (BRL thousand) 1Q14 1Q13 Var (%)
Profit of the Period 23.774 8.600 176,4%
(+) Income Tax and Social Contribution Provision - Current and Deferred 6.596 2.077 217,6%
(-) Financial Revenue (7.454) (2.868) 159,9%
(+) Financial Expenses 7.807 4.601 69,7%
(+) Depreciation and Amortization 4.049 3.017 34,2%
EBITDA 34.772 15.427 125,4%
7
NET PROFIT IN THE PERIOD (R$ Thousand)
% OF NET INCOME
Investments in production and portfolio diversification more than
doubled the company’s net profit
1Q14
+15,174
(+176%)
23,774
13.7%
1Q13
8,600
7.2%
8
Priorities to sustain growth in 2014
 CAPEX increase from R$ 28.1 million in 2013 to R$ 65 million.
• R$ 15 million to be allocated to increase the size of the silo factory and make it the most profitable plant
in the world
 Productivity gains
• R$ 30 million will be used to increase productivity and reduce break-even with higher mechanization and
process simplification
 Evolution of our business model:
• After-sales services
• Innovation
• Reduction of raw material costs
• Increase in sales teams outside South America
 Consolidate presence in the bulk handling market
• In line with Kepler Weber’s strategy to expand portfolio to new segments
Kepler Weber is well positioned to continue growing in 2014Kepler Weber is well positioned to continue growing in 2014
9
Appendix
OWNERSHIP BREAKDOWN | STAKEHOLDERS
Banco Clássico
Sul America Expertise FIA
5,21%
Banco do Brasil Investimentos17,54%
9,99%
Fernando Francisco Brochado Heller
12,11%
Previ
17,56%
37,59%
Other Minority
Ownership Breakdown
03/31/2014
Ownership Breakdown
03/31/2014
Olivier Michel Colas Felipe Fontes
Vice-President Executive Officer IR Analyst
Tel.: +55 (11) 4873-0302
E-mail: ri.kepler@kepler.com.br
Website: www.kepler.com.br/ri
Investor Relations

Presentation 1Q14

  • 1.
  • 2.
    2 A quarter ofrecord-breaking reaffirming the successful strategy of Kepler Weber o Net Revenues: growth of 45.0% to R $ 173.3 million, reflecting the excellent time in the agribusiness market and the successful diversification of the Company's strategy. o Gross Profit: R$43.3 million, growth of 63.4% due primarily to productivity gains and increased volumes. o Net Profit: Historical growth for 1Q14 176.4% to R$ 23.8 million, resulting from improved operating results. o EBITDA: R$ 34.8 million, an increase of 125.4% and a margin of 20.1%, maintaining margins with best- in-class to world levels in agribusiness. o Cash generation: reached R$ 37.7 million, a significant increase compared to the same period last year (R$ 6 million in 1Q13). o Net debt: at the end of the 1Q14 was negative R$ 20.8 million, a decrease of R$ 18.6 million compared to the end of 2013. Excellent results that confirm our strategyExcellent results that confirm our strategy
  • 3.
    3 Net revenues boostedby favorable domestic market conditions and portfolio renewal strategy NET REVENUES – R$ ThousandNET REVENUES – R$ Thousand +45.0% Parts and Services +43.2% 119,521 5,705 (5%) 11,900 (10%) 4,377 (4%) 97,539 (82%) 16,892 (10%) 20,227 (12%) 8,172 (5%) 173,270 1Q14 Storage +31.2% Bulk Handling +285.9% Exports +70.0% 1Q13 127,979 (81%)
  • 4.
    4 Production –Tons. Output–Tons. Production and output increase boosted by strong growth in demand Backlog – R$ Thousand +1,819 (+13%) 1Q141Q13 15,51913,700 19,729 16,400 +3,329 (+20%) 1Q13 1T141Q14 192,500 MAR/14 +196,180 (+102%) 388,680 MAR/13
  • 5.
    5 GROSS PROFIT (R$Thousand) GROSS MARGIN (%) CONTRIBUTION MARGIN Net Revenue (-) Variable Costs Strong growth in gross profit Gross profit increase boosted by gains in operational efficiencyGross profit increase boosted by gains in operational efficiency +16,800 (+63%) 1Q14 43,303 25% 1Q13 26,503 22% 1Q14 1.7 p.p. 39.5% 1Q13 37.8%
  • 6.
    6 EBITDA grew by125%, reaching a 20% margin, with margins remaining best-in- class to world levels in agribusiness EBITDA grew by 125%, reaching a 20% margin, with margins remaining best-in- class to world levels in agribusiness +19,345 (+125%) 1Q14 34,772 20% 1Q13 15,427 13% EBITDA (R$ Thousand) EBITDA MARGIN (%) Net Result (BRL thousand) 1Q14 1Q13 Var (%) Profit of the Period 23.774 8.600 176,4% (+) Income Tax and Social Contribution Provision - Current and Deferred 6.596 2.077 217,6% (-) Financial Revenue (7.454) (2.868) 159,9% (+) Financial Expenses 7.807 4.601 69,7% (+) Depreciation and Amortization 4.049 3.017 34,2% EBITDA 34.772 15.427 125,4%
  • 7.
    7 NET PROFIT INTHE PERIOD (R$ Thousand) % OF NET INCOME Investments in production and portfolio diversification more than doubled the company’s net profit 1Q14 +15,174 (+176%) 23,774 13.7% 1Q13 8,600 7.2%
  • 8.
    8 Priorities to sustaingrowth in 2014  CAPEX increase from R$ 28.1 million in 2013 to R$ 65 million. • R$ 15 million to be allocated to increase the size of the silo factory and make it the most profitable plant in the world  Productivity gains • R$ 30 million will be used to increase productivity and reduce break-even with higher mechanization and process simplification  Evolution of our business model: • After-sales services • Innovation • Reduction of raw material costs • Increase in sales teams outside South America  Consolidate presence in the bulk handling market • In line with Kepler Weber’s strategy to expand portfolio to new segments Kepler Weber is well positioned to continue growing in 2014Kepler Weber is well positioned to continue growing in 2014
  • 9.
  • 10.
    OWNERSHIP BREAKDOWN |STAKEHOLDERS Banco Clássico Sul America Expertise FIA 5,21% Banco do Brasil Investimentos17,54% 9,99% Fernando Francisco Brochado Heller 12,11% Previ 17,56% 37,59% Other Minority Ownership Breakdown 03/31/2014 Ownership Breakdown 03/31/2014
  • 11.
    Olivier Michel ColasFelipe Fontes Vice-President Executive Officer IR Analyst Tel.: +55 (11) 4873-0302 E-mail: ri.kepler@kepler.com.br Website: www.kepler.com.br/ri Investor Relations