Enel Américas. Corporate Presentation, March 2018
|
|
- Brenda Jennings
- 5 years ago
- Views:
Transcription
1 Enel Américas Corporate Presentation, March 2018
2 Enel Américas Overview
3 Enel Américas overview 1 Enel Américas is Latin America s largest private power company Colombia Generation 3,467 MW 21% Market Share in Installed capacity Net Production 14,765 GWh Sales 18,156 GWh 27% Market Share in Sales Distribution 3.3 million clients Sales 13,790 GWh 22% Market Share Dx Peru Generation 1,979 MW 16% Market Share in Installed capacity Net Production 7,430 GWh Sales 10,457 GWh 15% Market Share in Sales Distribution 1.4 million clients Sales Dx 7,934 GWh 30% Market Share Dx Argentina Generation 4,419 MW Brazil Generation 1,354 MW 1% Market Share in Installed capacity Net Production 4,034 GWh Sales 8,553 GWh 3% Market Share in Sales Distribution 9.9 million clients Sales Dx 34,876 GWh 9% Market Share Dx Transmission 2,100 MW transmission lines 13% Market Share in Installed capacity Net Production 14,825 GWh Sales 14,825 GWh 11% Market Share in Sales Distribution 2.5 million clients Sales Dx 17,736 GWh 17% Market Share Dx Total Generation Installed capacity: 11,219 MW Energy sales: 56,051 GWh 1.- Source: Company filings and presentations, as of December 31, Total Distribution Clients: 17.2 million Energy sales: 74,337 GWh 3
4 Distribution Generation Enel Américas overview Operating highlights FY 2017 Net production (TWh) + 1.5% Energy sales (TWh) % ,763 4, , ,817 Hydro Oil-Gas Coal FY 16 FY Energy Distributed (TWh) % FY 16 FY 17 Number of customers (m) % Celg Celg FY 16 FY 17 Dec. 16 Dec. 17 4
5 Enel Américas overview Financial highlights (US$ mn) FY 2017 Revenues EBITDA % % 7,686 10,540 1,536 9,004 Celg % 2, , , , Celg 2,052 FY 16 FY 17 Net Income % 1,127 1, Attr. Net Income FY One-off 1 FY16 EBITDA FY17 EBITDA FX effects 2017 One-offs 2 FY17 ex. One-offs ex. One-offs and FX effects Net Debt 4 1, % 3,349 FY 163 FY Related to write-off of Curibamba and Marañón proyects, and clients-related provisions in Peru for USD 73 m. Dec. 16 Dec Related to voluntary retirement plan provisions in Celg-D for an amount of USD 51 m and update past fines in Argentina for an amount of USD 41 m. 3. Net income includes discontinued operations (170 MUSD). 4. Includes cash and cash equiv day cash investments. 5
6 Enel Américas overview Gross Capex (US$ m) 1 FY 2017 By activity By business By country Maintenance 15% Generation Argentina 17% 21% Colombia 58% 1, % yoy 42% 1, % yoy Peru 12% 1, % yoy Growth Distribution 85% 50% Brazil 1. Accrued capex during 2017, gross of contributions and connections fees, 6
7 Enel Américas overview Gross debt and cash allocation as of December 31, 2017 Gross Debt (MUSD) Cash allocation (MUSD) Others Banks 4,988 4,988 4,988 4,988 5% Argentina 1% Peru 12% UF 1% PEN 32% Holding 13% USD 16% Fixed 46% 9% Fixed Cost ~5.8% Holding; 11% Colombia; 23% Brazil 35% BRL 35% Average of ~7.9% Argentina; 17% 1,639 Bonds 63% Colombia 40% COP 40% Variable 54% Variable Cost ~9.7% Peru; 14% Brazil; 35% Type Country Currency Nature Operating companies fund project execution through their own cash-flow and debt capacity 7
8 Enel Américas overview Ownership profile % CHILEAN PENSION FUNDS 14.98% 21.74% OTHER INST. SHAREHOLDERS ADR HOLDERS 8.81% Américas 2.67% OTHER SHAREHOLDERS Market Cap 2 : USD Bn 1. As of December 31, As of February 28,
9 Strategic Plan
10 Macro and energy scenario South America Region (%) 1 Local currencies vs USD CPI 2 GDP Argentina ARS 17.5 ARS 18.0 ARS 18.4 Argentina Argentina BRL 3.4 Brazil BRL 3.5 BRL 3.6 Brazil Brazil Colombia COP 3,080 COP 3,134 COP 3,216 Colombia Colombia Peru PEN 3.4 PEN 3.3 PEN 3.3 Peru Peru Energy demand Argentina Brazil Colombia Enel Américas distributed energy Edesur Celg Enel Dx Ceará Enel Dx Rio Peru 1. Versus previous year. 2. Consumer Prices Index Codensa Enel Dx Perú
11 Strategic Plan Strategic Pillars Digitalization Customer focus Industrial growth: Organic growth Non organic growth Efficiencies for a data-driven Company for more shared value Sustainable long-term value creation 11
12 Strategic Pillars
13 Industrial growth: Organic growth Organic growth - Capex plan Total capex Growth capex by business Maintenance capex by business 5% 9% 60% 5.2 bnusd 40% Maintenance Growth 3.2 bnusd 85% 6% Generation Free m. + e-solutions I&N 2.1 bnusd 32% 65% 4% Generation Free m. + e-solutions I&N Total capex by country Growth capex by country Maintenance capex by country 12% 26% 24% 5.2 bnusd 38% 12% Argentina Peru Brazil Colombia 19% 27% 25% Argentina 38% 3.2 bnusd 9% Peru Brazil 2.1 bnusd Colombia 29% 16% 45% 30% Argentina Peru Brazil Colombia I&N business captures almost 80% of total capex plan 13
14 1. Not including Services & Holding. 2. WACC: real before tax Industrial growth: Organic growth Infrastructure & Networks evolution EBITDA (bnusd) WACC 2 Regulatory cycle Next regulatory cycle RAB (bnusd) +93% Argentina 12.5% 12.5% 5 years Brazil Colombia Rio Ceará Celg 11.4% 12.3% 11.4% 13.7% 12.3% 12.3% 12.3% 12.8% 5 years 4 years 4 years 5 years Peru 12.0% 12.0% 4 years E 1 Opex Tariff/RAB Demand Fx + CPI efficiencies Opex E Enel Dx Peru Codensa Celg Enel Dx Ceará Enel Dx Rio Edesur +93% of EBITDA growth and +42% of potential RAB increase 14
15 Industrial growth: Organic growth Generation evolution EBITDA (bnusd) Contracted Energy (TWh) +4% > 100% Brazil > 100% 94% Peru 85% 15.7 > 100% 14.6 > 100% Colombia > 100% 89% % % 95% 92% Average duration of PPA 2 (years) 7 Brazil Colombia 2-4 Peru E Volume & Capacity Fx + CPI Opex Not including Services & Holding 2. Power Purchase Agreement. Securing profitability through long-term PPAs 15
16 Industrial growth: Organic growth Free market + e-solutions evolution EBITDA (bnusd) Enel Américas Free energy sold (TWh) From 2017E Market share To 2020E Market share +164% Argentina Brazil % 3% % 7% Colombia % % Peru % % Customers (k) Key figures E Free Market e-solutions Fx 2020 ~1.9 k power customers ~ 0.1 gas customers EBITDA reaching 250 mnusd by 2020 due to the new Global Business Line contribution Not including Services & Holding.
17 Efficiencies vs 2015 Efficiencies Operational efficiency 1 Previous Plan Accomplished % accomplished as of 2017 New Plan OPEX % 90 S&S % 12 Cash Optimization % - Tax % - New Perimeter % 97 Total % 199 1,152 1, MUSD net of inflation and Fx changes. 2. Staff and Services. 3. Base year Base year 2017, Efficiencies plan completed. New Strategic Plan envisages additional efficiencies for ~ 200 mnusd 17
18 Sustainable long-term value creation A sustainable strategy Sustainability Indices Main projects in SDGs 1 framework Pachacutec Electrotechnical Institute Access to education for low-income students training in the industrial electrotechnical career. The project is implemented in the Pachacutec Institute in Ventanilla, Lima, and results in more than 90% of students inclusion in the labor market on a total of 200 students involved. Ecoenel Access to energy for low-income clients that may pay the bill by selling recycling wastes. Results 2017: 13,437 tons CO2 avoided, 72,724 clients involved, 5k tons wastes recycled, 300,000 USD total value for clients and consequently for the Company (avoided debt). Second opportunity Recycling of industrial wastes like pallets, cable reels, rafts are recycled for different furnitures fabrication like schools desks, resulting in a benefit for 1,400 people. FTSE4Good Index Innovative rural economic development in El Quimbo Foster local economic development in the communities by training enterpreneurs on fund raising, marketing, management and administration. Project already count about 150 people setting up their business of 16 already running. 1. Sustainable Development Goals. SDG initiatives execution in all the countries of presence 18
19 Financial Targets
20 Financial Targets Targets - EBITDA by country and by business EBITDA by Country EBITDA by Business 15% % 23% 25% 3% 5% 38% 32% 33% 3.7 bnusd 4.6 bnusd 3.7 bnusd 4.6 bnusd 30% 59% 29% 63% 32% +24% +24% Colombia Peru Brazil Argentina Generation Networks Free market + e-solutions +24% of EBITDA increase by 2018 vs
21 Financial targets EBITDA (bnusd): Guidance vs previous Strategic Plan +57% bnusd: Celg bnusd: Volta Grande bnusd In Argentina Dx: New regulatory framework bnusd: Celg bnusd: Volta Grande bnusd in Argentina Dx: New regulatory framework % % E Previous Plan New Plan Recent acquisitions in Brazil and new framework in Dx Argentina allow to improve our previous estimations 21
22 Financial targets Focus on Argentina: Edesur EBITDA 2017 (US$ m) EBITDA Deferred revenues November tariff increase delay Past fines update Recurrent EBITDA 22
23 Financial targets FFO 1, Capex and Cash flow FFO and CAPEX (bnusd) Cash flow generation (bnusd) 2 +64% FFO Capex 1 FFO Maintenance capex FFO after maint. capex Growth capex FCF Dividends paid Net FCF Solid cash flow generation Funds From Operations. 2. Opportunities in M&A and minorities buy-out not included. 3. Free Cash Flow.
24 Financial targets Guidance (bnusd) Previous Plan New Plan New Plan vs Previous Plan EBITDA % Capex % Net Income % Substantial Net Income growth ensures remuneration to our shareholders 1. Attributable Net Income to the controller shareholders. Improved vs previous Plan 24
25 Financial targets New Dividend Policy Attributable Net Income (US$ bn) and paid dividends +99% % Dividends paid E Dividend Payout 50% 50% 40% 25
26 Financial targets Net debt evolution (bnusd) 1.3x 1.0x 0.9x 0.8x E EBITDA Net Debt Net debt to EBITDA ratio Low ratio net debt to EBITDA leaves room to additional growth 26
27 Corporate Presentation Contact us Rafael De La Haza Head of Investor Relations Enel Américas Jorge Velis Investor Relations Manager Enel Américas Phone Web site Itziar Letzkus Investor Relations Enel Américas Javiera Rubio Investor Relations Enel Américas Gonzalo Juarez IR New York Office Thank you. 60
28 Disclaimer This presentation contains statements that could constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of These statements appear in a number of places in this announcement and include statements regarding the intent, belief or current expectations of Enel Américas and its management with respect to, among other things: (1) Enel Américas business plans; (2) Enel Américas cost-reduction plans; (3) trends affecting Enel Américas financial condition or results of operations, including market trends in the electricity sector in Chile or elsewhere; (4) supervision and regulation of the electricity sector in Chile or elsewhere; and (5) the future effect of any changes in the laws and regulations applicable to Enel or its subsidiaries. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of various factors. These factors include a decline in the equity capital markets of the United States or Chile, an increase in the market rates of interest in the United States or elsewhere, adverse decisions by government regulators in Chile or elsewhere and other factors described in Enel Américas Annual Report on Form 20-F. Readers are cautioned not to place undue reliance on those forward-looking statements, which state only as of their dates. Enel Américas undertakes no obligation to release publicly the result of any revisions to these forward-looking statements. 28
Enel Américas. Corporate Presentation, March 2018
Enel Américas Corporate Presentation, March 2018 Enel Américas Overview Enel Américas overview 1 Enel Américas is Latin America s largest private power company Colombia Generation 3,467 MW 21% Market Share
More informationEnel Américas. Strategic Plan November 30 th, 2017
Enel Américas Strategic Plan 2018-20 November 30 th, 2017 Strategic Plan 2018-20 Agenda Enel Américas today Previous Plan Delivery 2017-19 Strategic pillars new plan 2018-20: Industrial growth: Organic
More informationEnel Américas FY 2017 results
Enel Américas FY 2017 results Highlights of the period EBITDA of 2,947 musd, an increase of 21% vs 2016 13% increase in Gx and 25% increase in Dx Net Income of 1,127 musd, an increase of 33% vs 2016 1
More informationEnel Américas 1H 2018 results
Enel Américas 1H 2018 results Highlights of the period EBITDA of 1,652 musd, an increase of 19% vs 1H 2017 despite a negative fx scenario in Argentina and Brazil Generation EBITDA increased by 14% due
More informationEnel Américas Strategic Plan
Enel Américas Strategic Plan 2019-21 Maurizio Bezzeccheri CEO Aurelio Bustilho CFO Enel Américas Strategic Plan Agenda Maurizio Bezzeccheri Delivery 2016-18 Enel Américas today Energy transition and new
More informationEletropaulo. June 5 th, 2018
Eletropaulo June 5 th, 2018 Eletropaulo at a Glance Largest Metropolitan Area of the Most Developed and Industrialized State in Brazil 7.2m Clients 43TWh Energy Sold Brasil State of São Paulo 1.6k/km 2
More informationEnel Américas Enel Américas 2018 Analyst Update Meeting
Enel Américas Enel Américas 2018 Analyst Update Meeting Paolo Pallotti CFO Enel Américas Enel Américas Overview Enel Américas overview 1 Enel Américas is Latin America s largest private power company Colombia
More informationEnel Chile 1H 2018 consolidated results. July 27 th, 2018
Enel Chile 1H 2018 consolidated results July 27 th, 2018 Chilean highlights EBITDA increased 11% driven by the consolidation of EGP and a better generation mix Net income, excluding the effect of the sale
More informationEnel Chile 2016 results. March 1 st, 2017
Enel Chile 2016 results March 1 st, 2017 Chilean highlights of the year Enel Chile EBITDA increased 14%, amounting to 1.1 billion. Net Income attributable to shareholders increased 57%, amounting to 584
More informationenersis 1H 2013 results
07 25 2013 enersis 1H 2013 results Highlights Average demand 1 growth in LatAm reaches +3.5% improving the trend vs 1Q13 The GAP of hydro generation caused by the persistence of droughts in the region
More informationEnel Chile Strategic Plan
Enel Chile Strategic Plan 2019-21 Paolo Pallotti CEO Marcelo De Jesus CFO Agenda Paolo Pallotti (CEO) 2018 Enel Chile Today 2016-18 Our Journey 2019-21 Our Pillars Marcelo De Jesus (CFO) 2019-21 Our Plan
More information1Q 2015 Results. May 8, 2015
1Q 2015 Results May 8, 2015 Highlights of the period Good operating results: recurring EBITDA +4% Latam: confirmed positive trends, EBITDA +33% yoy and reorganization kicked -off Renewables: +0.2 GW capacity
More informationPresentation to Investors May, 2006
Presentation to Investors May, 26 Business Structure Distribution (Dx) US$ 1.5 billion assets 48% of total EBITDA* > 11.3 million clients 61 % Generation (Gx) US$ 9.5 billion assets 51% of total EBITDA*
More information9M 2016 consolidated results. November 10, 2016
9M 2016 consolidated results November 10, 2016 Opening remarks EBITDA +8% net of forex and on a like-for-like basis Double digit growth of net ordinary income on a like-for-like basis Positive contribution
More informationFY 2015 consolidated results. March 23, 2016
FY 2015 consolidated results March 23, 2016 Agenda Delivery on strategic plan Financial results Business analysis Closing remarks 1 Delivery on strategic plan Opening remarks Operational efficiency delivering
More information1H 2018 consolidated results. July 31, 2018
1H 2018 consolidated results July 31, 2018 Highlights Ordinary EBITDA +3% FFO +8%, Group Net income +5% Industrial growth ~315 mn growth EBITDA 2019 growth EBITDA secured at around 70% Operational efficiency
More informationCapital Markets Day. Strategic Plan Alberto De Paoli CFO
Capital Markets Day Strategic Plan 2019-21 Alberto De Paoli CFO Agenda Alberto De Paoli (CFO) Capital allocation 2019-21 Our Plan Business line highlights Financial management Risk management Earnings
More informationLatam Reorganization. November 6 th, 2015
Latam Reorganization November 6 th, 2015 Important Legal Information This presentation does not constitute an offer to sell any securities and is not soliciting an offer to buy any securities in any jurisdiction.
More information2015 Investor day Strategic Plan New foundations for growth
2015 Investor day 2015-19 Strategic Plan New foundations for growth March 19, 2015 2015 Investor day Agenda 2014 main developments Francesco Starace CEO FY 2014 results Alberto De Paoli CFO 2015-2019 strategic
More informationInvestor presentation
Investor presentation 2017-19 strategic plan June 2017 Investor presentation Agenda Enel today Page 2 2017-19 strategic plan - Key pillars Page 8 2017-19 strategic plan - Key financials Page 26 1Q 2017
More informationInvestor presentation. September 2016
Investor presentation September 2016 Investor presentation Agenda 1H 2016 consolidated results pag. 2 FY 2015 consolidated results 2016-23: New regulatory period for electricity distribution in Italy 2016-19
More informationBusiness Strategy. Enel Américas Analyst Update Meeting
Business Strategy Enel Américas Analyst Update Meeting Enel Américas overview Enel Américas is Latin America s largest private power company Colombia Generation 3,457 MW 21% Market Share in Installed capacity
More informationENEL AMÉRICAS FINANCIAL STATEMENTS ANALYSIS As of March 31, 2018
CONSOLIDATED OF ENEL AMÉRICAS AS OF MARCH 31, 2018 Revenues increased by 20.0% compared to the same period of last year reaching US$ 2,800 million explained mainly by higher revenues in Brazil and Argentina.
More informationEndesa Chile 1H15 Results. July 28th,2015
Endesa Chile 1H15 Results July 28th,2015 Highlights Consolidated generation rose by 8% Consolidated EBITDA increased by 9% Significant improvement in Chile Bocamina II restarted its operations El Quimbo
More informationFirst Quarter 2016 Results (1Q16) May 11, 2016
First Quarter 2016 Results (1Q16) May 11, 2016 Disclaimer This document is the property of Gas Natural SDG, S.A. (GAS NATURAL FENOSA) and has been prepared for information purposes only. As such, it cannot
More informationInvestor presentation
Investor presentation 2017-19 strategic plan March 2017 Investor presentation Agenda Enel today Page 2 2017-19 strategic plan - Key pillars Page 7 2017-19 strategic plan - Key financials Page 27 FY 2016
More informationAtento. Fiscal 2016 Fourth Quarter and Full Year Results. March 21, 2017
Atento Fiscal 2016 Fourth Quarter and Full Year Results March 21, 2017 Lynn Antipas Tyson Vice President Investor Relations +1-914-485-1150 lynn.tyson@atento.com 1 Disclaimer This presentation has been
More informationThe best way to balance your investments in the growing electric sector in South America
The best way to balance your investments in the growing electric sector in South America 0 AGENDA 1.- Introduction 2.- Fundamentals 3.- Financial Analysis 4.- Enersis future 1 2008: YEAR OF STOCK MARKET
More informationEnel Green Power 9M 2015 consolidated results
Enel Green Power Rome November 13, 2015 Agenda Overview of recent events Analysis of results Closing remarks 1 Active portfolio management Exit from El Salvador Cash-in: 224 m Capital gain: 123 m Entry
More informationEndesa Chile. Investor Relations Presentation. November 2007
Endesa Chile Investor Relations Presentation November 2007 1 Agenda 1. Who we are 2. Company s Environment 3. Financial Aspects 4. Strategic Aspects and Projects 5. Social Commitment 2 Our Business and
More informationEndesa Chile IR Presentation
Endesa Chile IR Presentation As of March 31, 2014 2 Organization structure ITALY 92% Committed Shareholders SPAIN 61% ENERSIS CHILE Chilean Pension Funds 60% 6% 3%3%13% 15% 60% Institutional Shareholders
More informationENERSIS. A unique and sound diversified portfolio in Distribution and Generation of electricity
ENERSIS A unique and sound diversified portfolio in Distribution and Generation of electricity Our main shareholders 60.6% Chilean pension funds 17.3% Other institutional shareholders 6.9% ADR s 10.3%
More information1H08 Consolidated Results
1H08 Consolidated Results Flavio Cattaneo Chief Executive Officer Fabio Todeschini Chief Financial Officer July 30 th, 2008 0 Agenda Highlights 1H08 Results Closing Remarks Annexes 1 Highlights 1H08 at
More informationCELG-D Acquisition. Investors Presentation. 1 December 2016
CELG-D Acquisition Investors Presentation December 206 Disclaimer This presentation does not constitute an offer to sell any securities and is not soliciting an offer to buy any securities in any jurisdiction.
More informationFirst Quarter 2018 Results (1Q18) April 26, 2018
First Quarter 2018 Results () April 26, 2018 Agenda 1. Highlights and consolidated results 2. results by activity 3. Conclusions Appendices 1 1. Highlights and consolidated results Transformation pillars
More informationendesa 1H 2012 results
27 07 2012 endesa 1H 2012 results Market context 1H 2012 Demand consolidated results 1H 2012 Spain: adjusted demand decrease due to industry Spain (1) Endesa distribution area +0.8% Industry -1.8% Services
More informationEndesa FY 2017 Results 28/02/2018
Endesa FY 2017 Results 28/02/2018 1. Highlights and key financial figures 2. Endesa s performance in 2017 market context 3. Financial results 4. Final remarks 2 1. Highlights and key financial figures
More informationENGIE Energía Perú. Quarterly Results Q4 2017
ENGIE Energía Perú Quarterly Results Q4 2017 Q4 2017 HIGHLIGHTS Total energy generation (SEIN) grew 1.4% compared to 2016. As of December, EEP was the first private player of the sector accounting for
More informationEndesa Chile IR Presentation 1Q 2016
Endesa Chile IR Presentation 1Q 2016 Organization structure Endesa Chile (before Spin-off) ITALY Committed Shareholders 61% 60% CHILE 6% 4% 14% Enersis S.A. Chilean Pension Funds ADRs (Citibank N.A.) 16%
More informationEndesa Chile Roadshow 2006
Endesa Chile Roadshow 2006 1 Index Introduction Where We Stand Financial Profile Operating & Financial Results Conclusions 2 Endesa Chile Strengths & Opportunities Highly Efficient Generation Assets Increasing
More informationFY18 RESULTS PRESENTATION. February 26 th, 2019
FY18 RESULTS PRESENTATION February 26 th, 2019 0 Disclaimer The information contained in this presentation has not been independently verified and is, in any case, subject to negotiation, changes and modifications.
More informationJUNE
JUNE 2005 www.endesachile.cl INDEX BUSINESS RESULTS COUNTRY ANALYSIS BUSINESS OUTLOOK CONCLUSIONS BUSINESS Highlights One of the largest private power producers in Latin America, with plants in Argentina,
More informationendesa FY 2012 results
27 02 2013 endesa FY 2012 results consolidated results FY 2012 Business context in 2012 Demand Spain: demand decrease due to lower industrial activity Spain (1) Endesa distribution area (2) -0.5% -1.3%
More informationITAÚ BBA - BREAKFAST 2017 EARNINGS REVIEW February 2018
ITAÚ BBA - BREAKFAST 2017 EARNINGS REVIEW February 2018 AGENDA 1. Overview 2. Commercial strategy 3. Financial review 4. Growth opportunities 2 1. OVERVIEW 3 Overview Company highlights 1 Colbún posted
More informationEndesa Chile IR Presentation 1H 2016
Endesa Chile IR Presentation 1H 2016 Organization structure Endesa Chile (before Spin-Off) ITALY Committed Shareholders 61% 60% CHILE 6% 4% 14% Enersis S.A. Chilean Pension Funds ADRs (Citibank N.A.) 16%
More informationCapital Markets Day. Global Renewable Energies. Antonio Cammisecra
Capital Markets Day Global Renewable Energies Antonio Cammisecra Integrated model fit for digitalized, low carbon world Generation growth engine Leading geographic expansion Growth engine for the utility
More informationEnel Green Power 1Q 2014 consolidated results
Enel Green Power Rome May 7, 2014 Agenda Highlights Analysis of results Closing remarks 1 Highlights Over 60% of 20142018 plan addressed with 2.4GW in execution Good operating performance: +15% output
More informationEnel SpA Investor Relations. 1Q2011 Results. May 12, 2011
1Q2011 Results May 12, 2011 Agenda 1Q2011 results Annexes 1 1Q2011 results 1Q11 electricity demand vs. Plan assumptions Electricity demand 1Q2011 Electricity demand 20102015 CAGR Italy +1.1% Italy +1.5%
More informationEnel Green Power business plan. Rome - April 3 rd 2014
Enel Green Power 20142018 business plan Rome April 3 rd 2014 EGP 20142018 business plan Agenda Snapshot on 2013 key achievements F. Starace, CEO Focus on geothermal R. Deambrogio, Head of Italy & Europe
More informationH RESULTS PRESENTATION
H1 2018 RESULTS PRESENTATION 03.09.2018 H1 2018 RESULTS PRESENTATION DISCLAIMER This presentation (the "Presentation") has been prepared and is issued by, and is the sole responsibility of Telepizza Group,
More informationEnel Generación Chile. Investor Relations Presentation 9M 2016
Enel Generación Chile Investor Relations Presentation 9M 2016 Organization structure Enel Generación Chile (after Spin Off) 61% ENEL SpA ITALY Committed Shareholders 60% ENEL CHILE CHILE 3% 3% 18% Enersis
More informationendesa chile 1Q 2012 results
25 04 2012 endesa chile 1Q 2012 results Highlights in 1Q 2012 Growth of 7% in electricity demand in the region Growth of 2% in physical sales on a consolidated basis Growth of 9% in operating costs, primarily
More information9M 2018 RESULTS PRESENTATION
9M 2018 RESULTS PRESENTATION 12.11.2018 9M 2018 RESULTS PRESENTATION DISCLAIMER This presentation (the "Presentation") has been prepared and is issued by, and is the sole responsibility of Telepizza Group,
More informationEndesa Chile IR presentation As of September 2013
Endesa Chile IR presentation As of September 2013 Ownership Structure 92% ENERSIS 61% 12% 3% 4% 6% 15% 60% Chilean Pension Funds Institutional Shareholders ADR Holders 60% Minority Shareholders Other Institutional
More informationEarnings Presentation. Third. Quarter
Earnings Presentation Third Quarter 13 Cencosud Highlights for 3Q13 4 Operational & Financial Highlights 11 net store openings across the region SAP implementation completed in Brazil including CDs Colombia
More informationendesa FY 2011 results
29 02 2012 endesa FY 2011 results consolidated results FY 2011 Market context in 2011 Demand Spain: demand decrease mainly due to residential and SME -1.2% (1) Spain 0.2% (2) Industry Services Residential
More informationendesa 1H 2013 results
31 07 2013 endesa 1H 2013 results consolidated results 1H 2013 Spain: demand decrease in all categories of clients, particularly in the services segment Spain (1) -2.6% -2.4% -3.8% Not adjusted (1) Mainland.
More informationEnel Generación Chile Investor Relations Presentation
Enel Generación Chile Investor Relations Presentation as of June 30, 2017 Organization structure Enel Generación Chile 61% ENEL SpA ITALY Enel Generación Chile s Shareholders 2 60% ENEL CHILE CHILE ENEL
More informationRecurring (1) EBITDA -4% YoY to 911m Renewables and Brazil underlying growth offset by forex (-6%) and regulatory changes in Portugal (- 66m YoY)
0 Recurring (1) EBITDA -4% YoY to 911m Renewables and Brazil underlying growth offset by forex (-6%) and regulatory changes in Portugal (- 66m YoY) +0.6GW YoY additions of wind and solar capacity; renewables
More informationClosing Remarks César Alierta
Closing Remarks César Alierta Chairman and Chief Executive Officer, Telefónica Disclaimer This presentation contains statements that constitute forward-looking statements about the Company, within the
More informationConference Call Codensa and Emgesa FY 2015 February 29, 2016
Conference Call Codensa and Emgesa FY 2015 February 29, 2016 Good Morning Everyone. Thank you very much for joining us today, and welcome to our quarterly Investor conference call. My name is Leonardo
More informationFINANCIAL INFORMATION AS OF MARCH 31, 2017
FINANCIAL INFORMATION AS OF MARCH 31, 2017 KEY MESSAGES & OPERATIONAL UPDATE KEY MESSAGES & OPERATIONAL UPDATE KEY MESSAGES Q1 in line with expectations Sound performance of growth engines Solid operational
More informationCapital Markets Day. Strategic Plan Francesco Starace CEO & General Manager
Capital Markets Day Strategic Plan 2019-21 Francesco Starace CEO & General Manager Agenda Francesco Starace (CEO & General Manager) Enel Today 2015-2018 Our Delivery 2019-2021 Our Vision & Positioning
More informationQuality assets. Selective and profitable growth. Self-funding business model
This presentation has been prepared by EDP Renováveis, S.A. (the "Company") solely for use at the presentation to be made on May 6 th, 2015. By attending the meeting where this presentation is made, or
More informationRESULTS PRESENTATION 1H August 1 st, 2013
RESULTS PRESENTATION 1H 2013 August 1 st, 2013 1 Highlights EBITDA stood at 259.9M, slightly below (-0.7%). This is mainly due to the decrease in electricity s RAB remuneration (- 11.9M, -12.1%), as a
More informationFY 2016 RESULTS. March 2 nd, 2017
FY 2016 RESULTS March 2 nd, 2017 AGENDA Key messages & strategy execution Financial update 2017 outlook & conclusion FY2016 RESULTS 2 KEY MESSAGES & STRATEGY EXECUTION KEY MESSAGES 2016 results in line
More informationCOMPANY OVERVIEW. US$812mn. Largest Energy Generator in Chile 5,063MW 531 MW 100% 11 Years. US$2.2bn. BBB-/Baa3 66.7% of installed capacity
INVESTOR DAY 2018 COMPANY OVERVIEW 5,063MW of installed capacity 531 MW Of fully funded capacity under construction US$812mn EBITDA LTM 1Q-2018 Largest Energy Generator in Chile 100% Of efficient generation
More informationCompany s Capital Structure. December 2015
Company s Capital Structure December 2015 0 AES Gener Strong Credit Profile Balanced Capital Structure Balanced financial policy aligned with investment grade rating Diversified presence in attractive
More information9M08 Consolidated Results
9M08 Consolidated Results Flavio Cattaneo - Chief Executive Officer Fabio Todeschini - Chief Financial Officer OCTOBER 28 TH, 2008 Investor Relations 1 Agenda HIGHLIGHTS 9M08 RESULTS CLOSING REMARKS ANNEXES
More informationEnel Chile. BTG Pactual 9th Latin American CEO Conference October, 2018
BTG Pactual 9th Latin American CEO Conference October, 2018 Agenda Enel Group leader in energy transition A new structure to face the future Chile & Company context and future expectations Businesses overview
More informationEndesa Chile IR presentation As of December 2013
Endesa Chile IR presentation As of December 2013 Ownership Structure 92% ENERSIS 61% 12% 3% 4% 6% 15% 60% Chilean Pension Funds Institutional Shareholders ADR Holders 60% Minority Shareholders Other Institutional
More informationendesa 1H 2014 results
30 07 2014 endesa 1H 2014 results consolidated results 1H 2014 Business context in 1H 2014 Demand Spain: shift in demand trend supported by industrial segment Spain (1) +0.1% -1.2% Endesa distribution
More informationENGIE Energía Perú. Quarterly Results Q3 2017
ENGIE Energía Perú Quarterly Results Q3 2017 Q3 2017 HIGHLIGHTS Total energy generation (SEIN) grew 2% compared to Q3 YTD 2016. As of September, EEP was the first private player of the sector accounting
More informationThird Quarter 2016 Results (9M 2016) November 2, 2016
Third Quarter 2016 Results (9M 2016) November 2, 2016 Disclaimer This document is the property of Gas Natural SDG, S.A. (GAS NATURAL FENOSA) and has been prepared for information purposes only. As such,
More informationFY09 Consolidated Results
FY09 Consolidated Results Flavio Cattaneo - Chief Executive Officer Fabio Todeschini - Chief Financial Officer MARCH 19 TH, 2010 Investor Relations 1 Agenda HIGHLIGHTS 3 FY09 RESULTS 5 CLOSING REMARKS
More informationEndesa Chile IR Presentation
Endesa Chile IR Presentation As of December 31, 2014 Organization structure ITALY Committed Shareholders 61% CHILE Enersis S.A. 60% 3% 3% 15% 18% 60% Chilean Pension Funds ADRs (Citibank N.A.) Retail CHILE
More informationendesa chile YE 2012 results
31 01 2013 endesa chile YE 2012 results Highlights of 2012 Lower hydro generation in Chile, mainly explained by a third consecutive year of a severe drought. 6% growth of installed capacity in Chile, related
More informationTCFD and BoE Conference on Climate Scenarios, Financial Risk and Strategic Planning
TCFD and BoE Conference on Climate Scenarios, Financial Risk and Strategic Planning Claudio Dicembrino, Head of Macroeconomic & Energy Analysis and Forecasting London October 31, 2017 1 Enel current footprint
More information1H RESULTS PRESENTATION Madrid, 2014
1H RESULTS PRESENTATION Madrid, 2014 Disclaimer In addition to figures prepared in accordance with IFRS, PRISA presents non-gaap financial performance measures, e.g., EBITDA, EBITDA margin, adjusted EBITDA,
More informationQ Supplemental Information Quarter ended September 30
Q3 2015 Supplemental Information Quarter ended NYSE: BIP TSX: BIP.UN CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS 1 This Supplemental Information contains forward-looking information within
More informationENGIE Energía Perú. Results as of June 2018
ENGIE Energía Perú Results as of June 2018 2018 Q2 HIGHLIGHTS Total energy generation (SEIN) grew 2.9% in H1 2018 compared to H1 2017. As of June, EEP maintained a leading position in the sector, accounting
More information4Q17 Earnings Presentation
4Q17 Earnings Presentation March 2, 2018 Forward Looking Statements This presentation may contain certain statements that express the management s expectations, beliefs and assumptions about future events
More informationENERSIS PRESS RELEASE CONSOLIDATED FINANCIAL STATEMENTS
ENERSIS ANNOUNCES CONSOLIDATED RESULTS FOR THE PERIOD ENDED ON SEPTEMBER 30, 2015 Enersis EBITDA as of September 2015 amounted to Ch$ 1,636,989 million, 7.6% higher than last year during the same period,
More informationOUTLOOK 2016 / 20 LONDON / 24th February. Financial Management. José Sáinz Chief Financial & Resources Officer
OUTLOOK 2016 / 20 LONDON / 24th February Financial Management José Sáinz Chief Financial & Resources Officer Agenda 1. Financial strategy for 2016-2020 period 2. Risk & sensitivity analysis 3. Conclusion
More information3, Brands 79% Corporate 21% Franchises. units 72, ,257. Our presence. employees. millions clients served. Mexico. Spain.
2Q17 Our presence 14 Brands 79% Corporate 21% Franchises 3,291 units 72,000 employees +423 millions clients served 2,257 Mexico 519 Spain 222 Argentina 139 Colombia 150 Chile 4 Brazil 2Q17 Alsea 2 Alsea
More informationNET INCOME AT 765 MILLION EUROS IN THE FIRST HALF OF 2014
NET INCOME AT 765 MILLION EUROS IN THE FIRST HALF OF 2014 Compared to the first half of 2013, net income declined by 31.3%. EBITDA fell by 17.7% in the first six months of the year, to 2,911 million euros.
More information2014 Results. 18 February 2015 Madrid
2014 Results 18 February 2015 Madrid Disclaimer/Notice to Recipients This presentation contains forward-looking statements and information relating to Abertis Infraestructuras, S.A. ( Abertis ) and its
More informationENGIE Energía Perú. Results as of March 2018
ENGIE Energía Perú Results as of March 2018 2018 Q1 HIGHLIGHTS Total energy generation (SEIN) grew 1.7% in Q1 2018 compared to Q1 2017. As of March, EEP maintained a leading position in the sector, accounting
More informationENDESA CHILE ANNOUNCES CONSOLIDATED RESULTS FOR THE PERIOD ENDED DECEMBER 31, 2001.
FOR IMMEDIATE RELEASE For further information contact: Jaime Montero, Giovano Suazo Investor Relations Endesa Chile (56-2) 634-2329 gsuazo@endesa.cl ENDESA CHILE ANNOUNCES CONSOLIDATED RESULTS FOR THE
More informationEnel Generación Chile Investor Relations Presentation
Enel Generación Chile Investor Relations Presentation as of March 31, 2017 Organization structure Enel Generación Chile 61% ENEL SpA ITALY Committed Shareholders 2 60% ENEL CHILE CHILE 2.7% 3.3% 18.0%
More informationFinancial Results. November 3rd, 2014 Q3 14
Financial Results November 3rd, 2014 Q3 14 AGENDA: 3Q14 Banco de Chile at the top of the industry 1. Economic Environment 2. Banking Industry 3. Banco de Chile Financial Results 2 ene/12 may/12 sep/12
More informationRESULTS PRESENTATION FY17 7 February 2018
RESULTS PRESENTATION FY17 7 February 2018 Index 1 Strategic Plan 2015-2017 2 3 FY17 Results 4 Wrap-up Annexes 1 Strategic Plan 2015-2017 Basic Pillars Strategic Plan 2015-2017 (announced on 30/10/14) Our
More informationFINANCIAL INFORMATION AS OF MARCH 31, 2018
FINANCIAL INFORMATION AS OF MARCH 31, 2018 KEY MESSAGES Q1 IN LINE WITH EXPECTATIONS STRONG ORGANIC EBITDA GROWTH NET DEBT FURTHER REDUCED FY 2018 GUIDANCE CONFIRMED 2 RESULTS IN LINE WITH EXPECTATIONS
More informationBROOKFIELD INFRASTRUCTURE PARTNERS L.P. Q Supplemental Information
BROOKFIELD INFRASTRUCTURE PARTNERS L.P. Q1 2018 Supplemental Information First Quarter, March 31, 2018 Cautionary Statement Regarding Forward-Looking Statements This Supplemental Information contains forward-looking
More informationENGIE Energía Perú. Results as of September 2018
ENGIE Energía Perú Results as of September 218 218 Q3 HIGHLIGHTS Total energy generation (SEIN) grew 3.% in Q3 YTD 218 compared to Q3 YTD 217. As of September, EEP maintained a leading position in the
More informationCREDICORP Investor Conference Mercado de Capitales COMPANY PRESENTATION SEPTEMBER 2018
CREDICORP Investor Conference Mercado de Capitales COMPANY PRESENTATION SEPTEMBER 2018 AGENDA 1. OVERVIEW 2. VALUE PROPOSAL 3. CONCLUDING REMARKS 2 Company overview Leading position in Chile & Peru THE
More informationendesachileirpresentation AS OF SEPTEMBER 30th, 2010
endesachileirpresentation AS OF SEPTEMBER 30th, 2010 whoisendesachile? A unique portfolio in Latam s Generation business Colombia N 1 2,914 MW inst. capacity 21% market share Brazil 987 MW inst. capacity
More informationCapital Markets Day Strategic Plan
Capital Markets Day Strategic Plan 2016-19 November, 18 th 2015 Capital Markets Day Agenda Opening remarks Strategic update Key financials Summary Renewable Energies Global Infrastructure & Networks Global
More informationProsegur FY 2010 Results. Madrid, February 28 th, 2011
Prosegur FY Results Madrid, February 28 th, 2011 Highlights Total sales in increased by 17.1% to EUR 2,560 million (2,187). Organic sales growth of 7.1% (3.7%) EBIT Margin stood at 10.3% EBIT rose 13.9%
More informationNow, please join me in slide 3 to begin. Let s start with the highlights for the period:
Conference Call Codensa and Emgesa 1H2017 July 25, 2017 Good morning and thank you for joining us today in our investor conference call. My name is Daniele Caprini, I am the CFO of Emgesa and Codensa,
More information