apresentação de resultados 3t14
TRANSCRIPT
13 de Novembro de 2014
Apresentação de Resultados 3º Trimestre de 2014
Receita Bruta (R$ milhões)
2
Consolidado Automotivo Logística Integrada
Consolidado Automotivo Logística Integrada
-13,4%-16,0% +8,0%
-10,0% -10,7% -4,9%
513,7
445,0
0,0
100 ,0
200 ,0
300 ,0
400 ,0
500 ,0
600 ,0
3T13 3T14
458,1
384,9
0,0
50, 0
100 ,0
150 ,0
200 ,0
250 ,0
300 ,0
350 ,0
400 ,0
450 ,0
500 ,0
3T13 3T14
55,660,1
0,0
10, 0
20, 0
30, 0
40, 0
50, 0
60, 0
70, 0
3T13 3T14
177,4168,7
0,0
20, 0
40, 0
60, 0
80, 0
100 ,0
120 ,0
140 ,0
160 ,0
180 ,0
200 ,0
9M13 9M14
1.260,31.125,7
0,0
200 ,0
400 ,0
600 ,0
800 ,0
1.0 00,0
1.2 00,0
1.4 00,0
9M13 9M14
1.437,71.294,4
0,0
200 ,0
400 ,0
600 ,0
800 ,0
1.0 00,0
1.2 00,0
1.4 00,0
1.6 00,0
9M13 9M14
Receita Bruta | Divisão Automotiva (R$ milhões)
3
Transporte Autopeças Serviços Logísticos
Transporte Autopeças Serviços Logísticos
-11,4%-38,8% -28,6%
-5,1%
-34,1%-28,8%
377,6
334,5
0,0
50, 0
100 ,0
150 ,0
200 ,0
250 ,0
300 ,0
350 ,0
400 ,0
3T13 3T14
56,7
34,7
0,0
10, 0
20, 0
30, 0
40, 0
50, 0
60, 0
3T13 3T14
22,0
15,7
0,0
5,0
10, 0
15, 0
20, 0
25, 0
3T13 3T14
174,2
114,8
0,0
20, 0
40, 0
60, 0
80, 0
100 ,0
120 ,0
140 ,0
160 ,0
180 ,0
200 ,0
9M13 9M14
61,2
43,5
0,0
10, 0
20, 0
30, 0
40, 0
50, 0
60, 0
70, 0
9M13 9M14
1.019,9967,4
0,0
200 ,0
400 ,0
600 ,0
800 ,0
1.0 00,0
1.2 00,0
9M13 9M14
Receita Bruta | Divisão Logística Integrada (R$ milhões)
4
Armazenagem Logística Inbound
Armazenagem Logística Inbound
21,4 22,3
0,0
5,0
10, 0
15, 0
20, 0
25, 0
3T13 3T14
25,2
37,3
0,0
5,0
10, 0
15, 0
20, 0
25, 0
30, 0
35, 0
40, 0
3T13 3T14
58,465,1
0,0
10, 0
20, 0
30, 0
40, 0
50, 0
60, 0
70, 0
9M13 9M14
78,6
96,5
0,0
20, 0
40, 0
60, 0
80, 0
100,0
120,0
9M13 9M14
+4,1%+48,0%
+11,4%+22,8%
EBITDA (R$ milhões)
5
Consolidado Automotivo Logística Integrada
Consolidado Automotivo Logística Integrada
Mg EBITDA (%)
58,8
50,5
14,1% 14,1%
11 ,0 %
12 ,0 %
13 ,0 %
14 ,0 %
15 ,0 %
16 ,0 %
17 ,0 %
18 ,0 %
19 ,0 %
0,0
10, 0
20, 0
30, 0
40, 0
50, 0
60, 0
70, 0
3T13 3T14
60,1
46,6
16,1%15,0%
11 ,0 %
13 ,0 %
15 ,0 %
17 ,0 %
19 ,0 %
21 ,0 %
23 ,0 %
25 ,0 %
0,0
10, 0
20, 0
30, 0
40, 0
50, 0
60, 0
70, 0
3T13 3T14
(1,3)
3,8
-3,0%
7,8%
-8,0%
-3,0%
2,0%
7,0%
12 ,0 %
17 ,0 %
(2,0)
(1,0)
-
1,0
2,0
3,0
4,0
5,0
3T13 3T14
147,1131,5
12,6% 12,6%
10 ,0 %
11 ,0 %
12 ,0 %
13 ,0 %
14 ,0 %
15 ,0 %
16 ,0 %
0,0
20, 0
40, 0
60, 0
80, 0
100,0
120,0
140,0
160,0
9M13 9M14
154,5
123,8
15,0%13,7%
10 ,0 %
12 ,0 %
14 ,0 %
16 ,0 %
18 ,0 %
20 ,0 %
22 ,0 %
24 ,0 %
26 ,0 %
28 ,0 %
0,0
20, 0
40, 0
60, 0
80, 0
100,0
120,0
140,0
160,0
180,0
9M13 9M14 (7,3)
7,7
-5,1%
5,6%
-13 ,0 %
-8,0%
-3,0%
2,0%
7,0%
12 ,0 %
(10,0)
(8,0)
(6,0)
(4,0)
(2,0)
-
2,0
4,0
6,0
8,0
10, 0
9M13 9M14
-10,6%
-14,2% -22,4%
-19,9%
Histórico EBITDA (R$ milhões)
6
Consolidado Automotivo
Logística Integrada
Mg EBITDA (%)
36,7
44,3
64,2
40,2
32,6
55,7
58,8
52,8
33,4
47,6
50,5
12,6%13,4%
16,9%
10,4%9,8%
13,3%14,1%
12,9%
10,2%
13,4%14,1%
-0,2%
4,8%
9,8%
14 ,8 %
19 ,8 %
24 ,8 %
29 ,8 %
34 ,8 %
39 ,8 %
44 ,8 %
0,0
10, 0
20, 0
30, 0
40, 0
50, 0
60, 0
70, 0
1T12 2T12 3T12 4T12 1T13 2T13 3T13 4T13 1T14 2T14 3T14
32,7
39,5
55,6
43,8
37,3
57,060,1
51,3
34,3
42,846,6
13,7%14,6%
17,4%
13,4% 13,1%
15,5%16,1%
14,3%
12,1%
13,7%15,0%
6,0%
11 ,0 %
16 ,0 %
21 ,0 %
26 ,0 %
31 ,0 %
0,0
10, 0
20, 0
30, 0
40, 0
50, 0
60, 0
70, 0
1T12 2T12 3T12 4T12 1T13 2T13 3T13 4T13 1T14 2T14 3T14
4,04,8
8,6
(3,6)(4,7)
(1,3) (1,3)
1,5
(0,9)
4,83,8
-30 ,0 %
-20 ,0 %
-10 ,0 %
0,0%
10 ,0 %
20 ,0 %
30 ,0 %
40 ,0 %
50 ,0 %
(6,0)
(4,0)
(2,0)
-
2,0
4,0
6,0
8,0
10, 0
1T12 2T12 3T12 4T12 1T13 2T13 3T13 4T13 1T14 2T14 3T14
32,7
23,6
7,8%
6,6%
-1,0%
1,0%
3,0%
5,0%
7,0%
9,0%
11 ,0 %
13 ,0 %
15 ,0 %
17 ,0 %
19 ,0 %
0,0
5,0
10, 0
15, 0
20, 0
25, 0
30, 0
35, 0
3T13 3T14
Lucro Líquido|(R$ milhões)
7
3T14 9M14
sem operação descontinuada
147,1
131,5
6,7%6,2%
0,0%
2,0%
4,0%
6,0%
8,0%
10 ,0 %
12 ,0 %
14 ,0 %
16 ,0 %
0,0
20, 0
40, 0
60, 0
80, 0
100,0
120,0
140,0
160,0
9M13 9M14
-27,9%
-17,5%
Mg Líquida (%)
Dívida Líquida Histórico do Perfil da Dívida
Divida Líquida
8
CDI + 1,32% Custo médio da Dívida
Ba3 Classificação de Risco - Moody´s
93% da dívida vence de
2016 em diante
Endividamento|(R$ milhões)
276,1 280,2273,9
310,7303,1
1,4 1,4 1,4
1,6 1,6
-
0,2
0,4
0,6
0,8
1,0
1,2
1,4
1,6
1,8
150,0
200,0
250,0
300,0
350,0
400,0
3T13 4T13 1T14 2T14 3T14
/ EBITDA LTM sem Direct Express
58%70%
84%94% 93%
42%30%
16%6% 7%
0,0%
20, 0%
40, 0%
60, 0%
80, 0%
100,0%
120,0%
3T13 4T13 1T14 2T14 3T14
Longo Prazo Curto Prazo
Investimentos % Receita Líquida
9
Investimentos|(R$ milhões)
20,7
8,2
14,8
9,3
12,0
7,7
16,2
3,9
5,0
6,8 7,0
7,1%
2,5%
3,9%
2,4%
3,6%
1,9%
3,9%
0,9%
1,5%
1,9% 2,0%
-0,5%
1,5%
3,5%
5,5%
7,5%
9,5%
-3,0
2,0
7,0
12, 0
17, 0
22, 0
1T12 2T12 3T12 4T12 1T13 2T13 3T13 4T13 1T14 2T14 3T14
Contatos de RI
Fabio Carvalho – CEO DRI
+55 (11) 4346-2532
Ian Nunes - GRI
+55 (11) 4397-9423
10
14 de Agosto de 2014
Apresentação de Resultados 3º Trimestre de 2014