3Q16 Results Presentation. November 04, 2016
|
|
- Ilene Reynolds
- 5 years ago
- Views:
Transcription
1 Results Presentation November 04, 2016
2 Disclaimer The forward-looking statements contained herein are based on our management s current assumptions and estimates, which may result in material differences regarding future results, performance and events. Actual results, performance and events may differ substantially from those expressed or implied in these forwardlooking statements due to a variety of factors, such as general economic conditions in Brazil and other countries, interest and exchange rate levels, legal and regulatory changes and general competitive factors (whether global, regional, or national). 2
3 Agenda 1 Business Update 2 Results 3 Q&A 3
4 Business Update Highlights Despite the challenging macro economic environment, we are observing the first signs of recovery, in both leisure travel at CVC 8.2% 6.6% 4.4% 1.7% Sales & Marketing Update CVC Record bookings in October of R$537mm in a month and R$ 133 mm in the week (w/o RA & SV) Top of Mind Award: winner for six consecutive years: 17% 19% 21% 1Q16 2Q16 Jul and Sept/16 * as well as corporate travel at RexturAdvance: 2.0% -11.2% -7.6% 1Q16 2Q16 CVC Group Adjusted EBITDA and Adjusted Net Income grew by double digits on a pro forma basis International bookings continue to recover due to the appreciation of the Brazilian real: 14.6% 0.1% 5.9% 1Q16 2Q16 CVC opened 23 stores during and 110 new stores during the LTM period New revenue streams grew 12% in the September YTD period *August bookings were negatively affected by the Rio 2016 Summer Olympics 4
5 CVC Group returned to bookings growth and posted double digit growth in Adjusted EBITDA and Net Income Bookings Net Revenue -0.7% 3.2% 6,526 6, % 2.6% ,213 2, Adjusted EBITDA Adjusted Net Income 11.4% 16.5% % % *Pro forma results include Submarino Viagens and RexturAdvance 5
6 Agenda 1 Business Update 2 Results 3 Q&A 6
7 CVC bookings grew 4.4% and CVC Group bookings grew 2.6% CVC Bookings (R$ million) CVC Group Bookings (R$ million) 4.2% -0.7% 4.4% % CVC bookings totaled R$1,429 million in and R$4,044 million in, growing 4.4% versus and 4.2% versus 9MH15 bookings growth was negatively affected by the Rio 2016 Olympics held in August and the uncertain political environment. Bookings in July and September grew 8.2% versus 2015 International bookings continue to recover due to the appreciation of the Brazilian real, growing 14.6% in Amidst the challenging macroeconomic environment, CVC Group bookings totaled R$2,271 million in and R$6,480 million in, growing 2.6% versus pro forma and declining 0.7% versus pro forma Recovery of RexturAdvance s corporate travel business has supported the improvement in CVC Group performance *Pro forma results include Submarino Viagens and RexturAdvance 7
8 CVC Sales Update Bookings Growth by Channel (YoY) 3Q Bookings by Boarding Date 6,0% 4,1% 2,4% 8,2% % of Bookings 67,9% 67,5% 32,1% 32,5% -13,3% -6,0% Exclusive Stores Independent Agents Online Boarding in Boarding in future quarters % Bookings growth vs PY +3.0% 5.2% Recovery of International travel (which is booked further in advance than Domestic travel) offset the increase in last-minute promotions offered by suppliers, such that the average number of days between booking and boarding remained stable year-over-year for the first time in six quarters Continuing trends observed in the first half of the year, online traffic in has slowed considerably amidst the recession, as credit offered to consumers in stores has driven a shift from online to offline sales Number of days between booking and boarding 0,2 0,3-5,3-2,9-5,3-8,3-11,3 1Q15 2Q15 4Q15 1Q16 2Q16 Note: Figures exclude RexturAdvance and Submarino Viagens 8
9 CVC Group margin improvement driven by more favorable product mix CVC Net Revenue (R$ million) CVC Group Net Revenue (R$ million) 4.3% 3.2% 5.0% % Margin %* 16.4% 16.8% 15.6% 16.1% Margin %** 12.1% 12.2% 11.5% 11.9% ** ** CVC net revenue of R$222.2 million in grew 5.0% from the comparable period in 2015 net revenue as a percentage of consumed bookings of 16.8% was 40 basis points higher than the net revenue margin in, driven primarily by a more favorable product mix CVC Group net revenue totaled R$276.3 million in, growing 2.8% versus CVC Group pro forma net revenue CVC Group net revenue as a percentage of CVC Group bookings was 12.2% in, 10 basis points higher than the net revenue margin in * Net revenue as % of consumed bookings ** Net revenue as % of bookings *** Pro forma results include Submarino Viagens and RexturAdvance 9
10 Despite double digit inflation, CVC Group operational expenses declined both in and in CVC Group Recurring Operational Expenses (R$ million) -2.4% CVC Group Operational Expenses (R$ million) R$ mm Chg % Chg % Operating Expenses % % (-) Non-Recurring Items % % -2.7% Recurring Operating Expenses % % Selling % % General and administrative % % Depreciation and Amortization % % Other operating expenses % % Pro forma* Pro forma* PPA Amortization % % Group CVC recurring operating expenses decreased 2.7% in and 2.4% in, despite double digit inflation in the period, due to tight expense controls and realized synergies Selling expenses decreased 23.4% in and 10.9% in driven by optimization of marketing expenditures and lower insolvency rates among consumers offered financing through CVC, due to more restrictive credit policies General and administrative expenses were flat compared to due to tight expense controls and realized synergies *Pro forma results include Submarino Viagens and RexturAdvance 10
11 EBITDA growth driven by better margins and tight expenses controls CVC Group Adjusted EBITDA (R$ million) CVC Group EBITDA Reconciliation (R$ million) 10.8% % 371 R$ mm EBITDA (+) Stock options (+) Extraordinary bonuses and M&A Margin %* 47.8% 51.5% 44.5% 48.1% Adjusted EBITDA * * CVC Group Adjusted EBITDA totaled R$142.3 million in and R$371.1 million in, representing growth of 10.8% versus pro forma Adjusted EBITDA and 11.4% versus pro forma Adjusted EBITDA Non-recurring items in included stock options and extraordinary bonuses of R$3.8 million * Adjusted EBITDA as % of net revenue ** Pro forma results include Submarino Viagens and RexturAdvance 1 Non-recurring bonuses 11
12 Earnings growth driven by operational results CVC Group Adjusted Net Income (R$ million) CVC Group Net Income Reconciliation (R$ million) % 137 R$ mm Net income % 56 (-) Minority Stake Net income to shareholders Margin %* 22.2% 25.1% 20.2% 22.6% * * CVC Group Adjusted Net Income grew 18.7% in, driven by improving operational results (+) Stock options (+) Extraordinary bonuses and M&A (+) Franchisee agremement amortization Adjusted Net Income * Adjusted Net Income as % of net revenue ** Pro forma results include Submarino Viagens and RexturAdvance. For comparability, pro forma results are net of the same interest on acquisitions and PPA amortization as 12
13 2016 cash flow generation recovered from 2015 due to one time event (change in consumer behavior) Operational Cash Flow 1 (R$ million) 32 Pro forma Operational Cash Flow 1 (R$ million) Operational Cash Flow Breakdown (R$ million) Cash Flow - R$mm Pro forma Pro forma Net Income Deferred tax Interests Depreciation & amortization Others Adjustments NI Adjusted by cash itens Accounts receivable² (132.2) (84.9) (188.2) (129.2) Advance to suppliers (21.5) Advanced travel package sales Suppliers (28.6) (54.2) (96.1) (103.4) Other (net)³ (65.3) (61.9) Change in Working Capital (39.8) (43.3) (80.5) (229.6) Capex (11.8) (13.0) (45.7) (44.5) Other Operational Cash Flow (17.4) -17 Pro forma In cash flow was positively by higher earnings and due to the usage of prepayments for international hotels made in December 2015 In CVC received R$11 million from B2W for working capital adjustments related to the acquisition of Submarino Viagens 1 Net of capex and changes in net working capital 2 Includes factored receivables to calculate managerial cash flow 3 Increase in Other Liabilities less increase in Other Assets 13
14 CVC Group ROIC and CAPEX ROIC 1 (%) Capex (R$ Million) % 39.6% % of LTM Bookings 0.7% 0.7% Sept 15 LTM Sept 16 LTM Pro forma CVC Group return on invested capital was 39.6% for the year ended September 30, 2016, 3.6 p.p. below the ROIC for the year ended September 30, 2015, due to higher working capital needs (compared to September 2015) CVC Group invested R$45.7 million of capex during, including capex for new offices for RA and SV 1 ROIC defined as net operating profit after tax divided by Invested Capital (Net PP&E plus Net Working Capital) 14
15 Leverage remains healthy despite additional indebtedness related to acquisitions Net Debt (R$ million) Net Financial Expenses CVC Group (R$ million) LTM Adjusted EBITDA Net debt Accounts payable - acquisitions Factored receivables ,0 42, ,0 196,9 217, ,0 CVC Group CVC Group 2Q16 CVC Group 1.0x 1.1x 1.25x % +5.6% CVC Group CVC Group Financial Expenses Financial Expenses related to Acquisitions Despite the two recent acquisitions, net debt remains at a healthy level of 1.1x LTM EBITDA Financial expenses (excluding expenses related to acquisitions) increased 5.7%, primarily due to higher indebtedness and interest rates Interest on accounts payable to sellers of RexturAdvance and Submarino Viagens totaled R$17.8 million in 15
16 Agenda 1 Business Update 2 Results 3 Q&A 16
2Q17 Results Presentation. August 10 th, 2017
Results Presentation August 10 th, 2017 Aviso Importante Some statements contained herein are based on our management s current assumptions and estimates, which may result in material differences regarding
More informationHighlights* CVC Group s EBITDA and Earnings grew 9.5% and 10.3%, in 2016, respectively
Santo André, February 15, 2017: CVC Brasil Operadora e Agência de Viagens S.A. (BM&FBOVESPA: CVCB3), the largest tour operator in the Americas, hereby informs its shareholders and other market participants
More informationPresentation of 1Q17 Results. May 11th, 2017
Presentation of Results May 11th, 2017 Disclaimer The forward-looking statements contained herein are based on our management s current assumptions and estimates, which may result in material differences
More informationStrong Operating Cash Generation: R$ 263 MM Net Debt reduced to 1.06x EBITDA LTM Growth of 15.7% in Bookings and 21.1% in Profit. Period Highlights*
Santo André, November 8th, 2017: CVC Brasil Operadora e Agência de Viagens S.A. (BM&FBOVESPA: CVCB3), the largest tourism operator in the Americas, informs its shareholders and other market participants
More informationCVC Corp Net Income growth of 34.6% Growth of 12.7% in Bookings and 13.5% in EBITDA with EBITDA margin expansion of 2.1 p.p. Period Highlights*
Santo André, May 0, 208: CVC Brasil Operadora e Agência de Viagens S.A. (BM&FBOVESPA: CVCB3), the largest tourism operator in the Americas, announces to its shareholders and other market participants its
More informationHighlights. CVC generated double-digit year-over-year growth rates in Bookings, Boardings, Adjusted EBITDA and Adjusted Net Income in 2Q15
Santo André, August 05, 2015: CVC Brasil Operadora e Agência de Viagens S.A. (BM&FBOVESPA: CVCB3), the largest tour operator in Americas, hereby informs its shareholders and other market participants of
More informationFinancial Highlights (*)
B2W ANNOUNCES GROSS REVENUE GROWTH OF 64% AND EBITDA GROWTH OF 70% IN 2006 São Paulo, February 15, 2007 B2W Companhia Global do Varejo, company resultant from the merger between Americanas.com and, announces
More information2Q16 and 1H16 Earnings Release. 2Q16 Highlights % 73.7% 69.0% 70.7% 71.1% 66.3% 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16
2Q16 and 1H16 Earnings Release 2Q16 Highlights Net revenues Car Rental Division (R$ million) Net revenues Fleet Rental Division (R$ million) 296.4 327.8 149.9 159.5 2Q15 2Q16 2Q15 2Q16 Rental days evolution
More informationThe new organizational structure is presented below:
Management Comments 2014 presented a difficult economic environment and a number of one-off events (e.g., the FIFA World Cup and presidential elections) which substantially impacted retail sales in Brazil.
More informationLSC COMMUNICATIONS Fourth Quarter Results. February 23, 2017
LSC COMMUNICATIONS 2016 Fourth Quarter Results February 23, 2017 LSC COMMUNICATIONS CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This presentation includes certain "forward-looking statements"
More information1Q11 Results Conference Call and Webcast
1Q11 Results Conference Call and Webcast May 6, 2011 (Friday) Time: 11:00 a.m. (US EDT) - 12:00 p.m. (Brazil) Phone: +1 (786) 924.6977 - Code: B2W Webcast: www.b2winc.com/webcast1q101 Replay: until May
More information9M 2017 Results. Ongoing strong growth and acceleration of cash flow generation. October 31, 2017
9M 2017 Results Ongoing strong growth and acceleration of cash flow generation October 31, 2017 Legal Disclaimer Information in this presentation may involve guidance, expectations, beliefs, plans, intentions
More informationH1019-JPMorgan-2/09 1
H1019-JPMorgan-2/09 1 1 Forward-Looking Statements Certain statements contained in this presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
More informationQ Earnings Report April 26, 2017, 2:00 PM Pacific
Q1 2017 Earnings Report April 26, 2017, 2:00 PM Pacific 1 Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933
More informationEarnings Conference Call 3Q17. October 26 th, 2017
Earnings Conference Call 3Q17 October 26 th, 2017 Agenda Highlights Sector Background Operating Performance Financial Performance Q&A 2 Agenda Highlights Sector Background Operating Performance Financial
More informationSecond Quarter 2018 Earnings. August 7, 2018
Second Quarter 2018 Earnings August 7, 2018 1 Forward Looking Statements Some of the statements made in this presentation are forward-looking and are made pursuant to the safe harbor provision of the Private
More information2Q17 Highlights. Same-store sales growth reached 10.8% in 2Q17 among brick and mortar stores. Double-digit growth not seen since 3Q13.
July 24, 2017 Via Varejo S.A., Brazil s largest electronics, home appliances and furniture retailer, announces its results in the second quarter of 2017 (2Q17). On November 1, 2016, the Company started
More informationReinforcing our undisputed leadership in the wireless sector in Brazil through the acquisition of
Reinforcing our undisputed leadership in the wireless sector in Brazil through the acquisition of January 16 th, 2003 Safe Harbour This presentation contains statements that constitute forward-looking
More information2018 Highlights. Events affecting the equity by 35% and cash, over the upcoming quarters, by R$ 543 million
Disclaimer This presentation may include declarations about Springs Global s expectations regarding future events or results. All declarations based upon future expectations, rather than historical facts,
More informationQ Results. Lars Brorsen (CEO) Christoph Hobo (CFO) November 22, 2018
Q3 2018 Results Lars Brorsen (CEO) Christoph Hobo (CFO) November 22, 2018 Agenda 1. Highlights Q3 2018 2. Market outlook 3. Detailed results review 4. Company outlook 5. Q&A Appendix 1 Business summary
More information4Q17 and 2017 Earnings Release. Earnings Release 4Q17 and 2017
4Q17 and 2017 Earnings Release Earnings Release 4Q17 and 2017 Dear Investors, In 2017, our team set audacious goals for growth, value creation, customer satisfaction and brand positioning, even in an adverse
More informationHY 2017 Results. Strong growth and cash generation. July 31, 2017
HY 2017 Results Strong growth and cash generation July 31, 2017 Legal Disclaimer Information in this presentation may involve guidance, expectations, beliefs, plans, intentions or strategies regarding
More information2016 Amadeus IT Group SA Results. February 26, 2016
2015 Results February 26, 2016 Disclaimer This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue and earnings
More informationConsolidated Income Statement - (R$ MM) 2Q16 2Q15. Balance Sheet 1Q Equity 2, , % Net Debt¹ % O ther 1Q
Qualicorp S.A. BOVESPA:QUAL3 Shares Outstanding (06/30/2016) 274.325.288 shares Free Float (06/30/2016) 215.096.548 shares (78.4%) Cash and Cash Equivalents (06/30/2016) R$333.2 million São Paulo, August
More information3Q18 Results November 8th, 2018
Results November 8th, 2018 1 Disclaimer The information contained in this presentation is only a summary and does not purport to be complete. This presentation has been prepared solely for informational
More information1Q17 Conference Call May, Magazine Luiza
1Q17 Conference Call May, 5 2017 Magazine Luiza 1Q17 Highlights Sales E-commerce Gross Profit Operational Expenses EBITDA Net Profit Working Capital Leverage Luizacred Sales growth of 23% reaching R$3.4
More informationQ4-16 FINANCIALS UPDATE. 5 April 2017
Q4-16 FINANCIALS UPDATE 5 April 2017 Disclaimer THIS PRESENTATION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY, AND IS NOT AN OFFER OR A SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES IN THE UNITED
More informationConference Call 4Q11 Results. March 09, 2012
Conference Call 4Q11 Results March 09, 2012 Financial Highlights Net Revenues (R$ mm) Adjusted Op. Expenses (ex-d&a) R$ mm % of Net Revenues - 6.3 p.p. +12.1% + 33.1% 557.5 741.8 35.1% 25.5% 26.5% 25.9%
More informationEarnings Release 4Q18. Fourth Quarter 2018 Key Financial and Operating Highlights. Full Year 2018 Key Financial and Operating Highlights
Despegar.com Announces 4Q18 year-over-year Growth of 11% in Transactions and Gross Bookings up 28% on an FX neutral basis driving further Market Share Gains Buenos Aires, March 7, 2019 Despegar.com, Corp.
More information3Q16 results FLRY3. October 2016
results FLRY3 October 2016 Disclosure This presentation may contain forward-looking statements. Such statements are not statements of historical facts and reflect the beliefs and expectations of the Company
More informationZiggo N.V. Q Results. October 19, 2012
Ziggo N.V. Q3 2012 Results October 19, 2012 Disclaimer This document does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States or any
More informationForward-Looking Statements
JPM-0807 1 Forward-Looking Statements Certain statements contained in this presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These
More informationResults 3Q18. Investor Relations Telefônica Brasil S.A. October, 2018
Results Investor Relations Telefônica Brasil S.A. October, 2018 Disclaimer This presentation may contain forwardlooking statements concerning future prospects and objectives regarding growth of the subscriber
More information4Q17 Earnings Conference Call. March 8, 2018
4Q17 Earnings Conference Call March 8, 2018 Disclaimer This presentation includes forward-looking statements. We have based these forward-looking statements largely on our current beliefs, expectations
More informationRESULTS 2Q16. Investor Relations Telefônica Brasil S.A. July, 2016
RESULTS Investor Relations Telefônica Brasil S.A. July, 2016 DISCLAIMER This presentation may contain forward-looking statements concerning future prospects and objectives regarding growth of the subscriber
More information2Q18 Results. August 10, 2018
Results August 10, 2018 Highlights JSL Consolidated Consolidated Net Revenue of R$1.9 billion (+6.9% YoY); Consolidated Net Revenue from Services of R$1.5 billion (+12.2% YoY); EBITDA of R$391.2 million
More informationEARNINGS RESULTS 2Q10 and 1H10 E 1S10
EARNINGS RESULTS 2Q10 and 1H10 E 1S10 1H10 CONSOLIDATED GROWTH OF 17.4% IN NET REVENUES AND OF 21.3% IN EBITDA. NET INCOME OF R$ 91.9 MILLION. (RESTATEMENT) Rio de Janeiro, August 5, 2010 Lojas Americanas
More informationHighlights of the Period
B2W REPORTS A 39% GROWTH IN GROSS REVENUE, 50% IN EBITDA AND AN IMPROVEMENT OF 32 DAYS ON THE CASH CONVERSION CYCLE IN 1Q08. Rio de Janeiro, May 08, 2008 B2W Companhia Global do Varejo (BOVESPA: BTOW3),
More informationFourth Quarter and FY 2017 Earnings. February 26, 2018
Fourth Quarter and FY 2017 Earnings February 26, 2018 Forward Looking Statements Some of the statements made in this presentation are forward-looking and are made pursuant to the safe harbor provision
More informationConsolidated Income Statement - Balance Sheet 1Q Equity 2, , % Net Debt¹ % Other 1Q
Qualicorp S.A. BOVESPA:QUAL3 Shares Outstanding (04/30/2017) 282,373,588 shares Free Float (04/30/2017) 236,056,267 shares (83.6%) Cash and Cash Equivalents (03/31/2017) R$688.1 million Investor Relations
More informationConsolidated Income Statement - (R$ MM) 1Q16 1Q15. Balance Sheet 1Q Equity 2, , % Net Debt¹ % O ther 1Q
Qualicorp S.A. BOVESPA:QUAL3 Last Price May 11 th, 2016 R$ 15.00/share São Paulo, May 11, 2016. QUALICORP S.A (BM&FBOVESPA: QUAL3), one of the leading full-service healthcare benefits administrator and
More informationFull Year Results 2014
Legal disclaimer Information in this presentation may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties.
More informationHorizon Global Third Quarter 2017 Earnings Presentation
Horizon Global Third Quarter 2017 Earnings Presentation October 31, 2017 Q1 2016 Earnings 1 Safe Harbor Statement Forward-Looking Statements This presentation may contain "forward-looking statements" as
More informationFirst-quarter 2018 results. May 11, 2018
First-quarter 2018 results ` May 11, 2018 DISCLAIMER This presentation contains forwardlooking statements. Such statements are not statements of historical fact, and reflect the beliefs and expectations
More informationSecond Quarter 2015 Earnings Presentation NYSE:BLD
Second Quarter 2015 Earnings Presentation NYSE:BLD Safe Harbor Statements contained in this presentation and during question and answer panels that reflect our views about our future performance constitute
More information2Q18 Highlights. Net revenue of R$ million. Gross profit of R$ million, 2.9% superior yoy
Disclaimer This presentation may include declarations about Springs Global s expectations regarding future events or results. All declarations based upon future expectations, rather than historical facts,
More information4Q17 Conference Call February, Magazine Luiza
4Q17 Conference Call February, 23 2018 Magazine Luiza MAGALU S DIGITAL TRANSFORMATION FROM TODAY TRADITIONAL RETAIL COMPANY WITH DIGITAL PRESENCE DIGITAL PLATFORM WITH PHYSICAL PRESENCE AND HUMAN TOUCH
More informationRESULTS 3Q17. Investor Relations Telefônica Brasil S.A. October, 2017
RESULTS 3Q17 Investor Relations Telefônica Brasil S.A. October, 2017 DISCLAIMER This presentation may contain forward-looking statements concerning future prospects and objectives regarding growth of the
More informationALTERNATIVE PERFORMANCE MEASURES (APMs)
ALTERNATIVE PERFORMANCE MEASURES (APMs) In compliance with ESMA directives about alternative performance measures ( APM ), we are including this additional information which will enable comparability,
More informationEARNINGS RESULTS 3Q17 OCTOBER, 2017
EARNINGS RESULTS 3Q17 OCTOBER, 2017 Disclaimer This presentation may contain certain forward-looking projections and trends that neither represent realized financial results nor historical information.
More informationHighlights of the Period (*)
B2W ANNOUCES GROSS REVENUE GROWTH OF 50% AND EBITDA GROWTH OF 67% FOR 1H07 Rio de Janeiro, Brazil, August 9, 2007 B2W Companhia Global do Varejo (Bovespa: BTOW3), company resultant from the merger between
More informationQ Earnings Report July 19, 2017, 2:00 PM Pacific
Q2 2017 Earnings Report July 19, 2017, 2:00 PM Pacific 1 Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933
More informationQ2 Fiscal 2016 Earnings Presentation August 2, endurance.com /
Q2 Fiscal 2016 Earnings Presentation August 2, 2016 FORWARD LOOKING STATEMENTS AND OTHER IMPORTANT CAUTIONS This presentation contains certain forward-looking statements within the meaning of the Private
More information2Q15 Results FLRY3. July 2015
2Q15 Results FLRY3 July 2015 Disclosure This presentation may contain forward-looking statements. Such statements are not statements of historical facts and reflect the beliefs and expectations of the
More informationQ Shareholder Presentation March 2, American Capital. All Rights Reserved. Nasdaq: ACAS
Q4 2008 Shareholder Presentation March 2, 2009 2004 American Capital. All Rights Reserved. Nasdaq: ACAS Safe Harbor Statement Safe Harbor Statement Under the Private Securities Litigation Reform Act of
More informationH Results for Rocket Internet Group & Selected Companies 20 SEPTEMBER 2018
H1 Results for Rocket Internet Group & Selected Companies 20 SEPTEMBER Disclaimer This document is being presented solely for informational purposes and should not be treated as giving investment advice.
More informationNON-RECURRING IMPACTS IN 2Q18
2Q18 RESULTS 1 NON-RECURRING IMPACTS IN 2Q18 Brazil: Truck Drivers Strike + World Cup ~R$7M in Sales ~R$5M in EBITDA USA Non-recurring legal fees: ~R$1.6M in EBITDA Consolidated Impact in Results Net Revenue
More informationAmadeus Jan - Sep 2014 Results
Amadeus Jan - Sep 2014 Results November 6, 2014 Disclaimer This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future
More informationEARNINGS RELEASE 3Q17
LOGISTICS INVESTMENT PLATFORM EARNINGS RELEASE 3Q17 1 Quarterly Results 3Q17 TRAXION S REVENUE AND EBITDA INCREASE 70% AND 56% DURING 3Q17 BOOSTED BY ACQUISITIONS CONSOLIDATION YTD 2017 REVENUE AND EBITDA
More informationFourth-quarter and full-year 2017 RESULTS MARCH,
Fourth-quarter and full-year 2017 RESULTS MARCH, 15 2018 DISCLAIMERS This presentation contains forward-looking statements. Such statements are not statements of historical fact, and reflect the beliefs
More informationNovember 1, Q Earnings Presentation
November 1, 2018 Q3 2018 Earnings Presentation Certain statements contained in this presentation that are not historical facts, including any statements as to future market conditions, results of operations,
More information2018 FOURTH QUARTER EARNINGS CALL
NORTH AMERICA S LEADING BUILDING MATERIALS DISTRIBUTOR RESIDENTIAL COMMERCIAL INTERIOR SOLAR 2018 FOURTH QUARTER EARNINGS CALL Forward Looking Statements / Non-GAAP Measures This presentation contains
More information2Q17 Results Presentation
2Q17 Results Presentation August 9, 2017 p. 1 2Q17 Highlights Growth of 97.4% in Net Income, reaching R$11.1 million in the quarter, Growth of 42.3% in the number of RAC daily rentals, to a record 2.7
More information3Q18 Earnings November 8, 2018
Earnings November 8, 2018 1 Disclaimer This presentation may contain statements that express BRF S.A. ( BRF ) management s expectations, beliefs and assumptions about future events or results. Such statements
More informationThird-quarter 2018 results November 9, 2018
` Third-quarter 018 results November 9, 018 ` 1 Disclaimer This presentation may contain forward-looking statements. Such statements are not statements of historical fact, and reflect the beliefs and expectations
More informationEarnings Release 4Q16 March 24, 2017
Earnings Release 4Q16 March 24, 2017 2 Main Highlights of 4Q16 and 2016 JSL Consolidated Consolidated net revenue of R$1.8 billion in 4Q16 (+11.9% y/y), totaling the record amount of R$6.7 billion in 2016
More informationQualicorp Consultoria e Corretora de Seguros S.A.
Qualicorp Consultoria e Corretora de BOVESPA: QUAL3 Shares Outstanding (6/30/2018) 283,176,826 shares Free Float (6/30/2018) 282,276,689 shares ( 99.7%) Cash and Cash Equivalents (6/30/2018) R$400.0 million
More informationQ Results. Organic growth accelerates further. May 2, 2017
Q1 2017 Results Organic growth accelerates further May 2, 2017 Legal Disclaimer Information in this presentation may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the
More informationEarnings Conference Call Third Quarter November 20, 2007
Earnings Conference Call Third Quarter 2007 November 20, 2007 Safe Harbor Statement The Private Securities Litigation Reform Act of 1995 (the Act ) provides protection from liability in private lawsuits
More informationREV GROUP, INC. S e p te m b e r I nv e s t o r P re s e nt a t i o n N Y S E : R E V G September 2018
REV GROUP, INC. September Investor Presentation N Y S E : R E V G September 2018 Cautionary Statements & Non GAAP Measures Disclaimers Note Regarding Non-GAAP Measures REV Group reports its financial results
More informationEARNINGS RELEASE 1Q18 RESULTADOS
EARNINGS RELEASE 1Q18 CONFERENCE CALL IN ENGLISH May 11 th, 2018 - Friday 10:00 a.m. (US ET) 11:00 a.m. (BRT) / 3:00 p.m. (London) Connecting Number: +1 (412) 317 6776 Code: Valid Webcast: click here Valid
More informationGardner Denver Third Quarter 2017 Earnings Presentation. October 26, 2017
Gardner Denver Third Quarter 2017 Earnings Presentation October 26, 2017 Replay Information Dial toll-free: +1.877.344.7529 International: +1.412.317.0088 Conference ID: #10113255 Log on to: http://investors.gardnerdenver.com
More informationConsolidated Net Revenue from Products
2 Disclaimer This presentation contains forward-looking statements relating to the prospects of the business. estimates for operating and financial results. and those related to growth outlook of Guararapes-Riachuelo.
More informationCorporate Presentation. Investor Relations Telefônica Brasil S.A. March, 2017
Corporate Presentation Investor Relations Telefônica Brasil S.A. March, 2017 DISCLAIMER This presentation may contain forward-looking statements concerning future prospects and objectives regarding growth
More informationFY11 Fourth Quarter E arnings Earnings Call
FY11 Fourth Quarter Earnings Call November 17, 2011 November 2011 Agenda TransDigm Overview W. Nicholas Howley Chairman and CEO Highlights, Market Review, Operating W. Nicholas Howley Performance and Outlook
More informationConference Call Second Quarter 2013 Financial Results. Presentation3
Conference Call Second Quarter 2013 Financial Results Presentation3 August 2, 2013 Agenda 1 Agenda 1 2 Opening Remarks 2Q13 Highlights 3 Operating and Financial Review 4 Closing Remarks 5 Q&A 2 1 Alicorp
More informationInvestor Presentation Q3 Results. 12 November 2014
Investor Presentation Q3 Results 12 November 2014 1 Forward-looking statements This presentation contains forward-looking statements, including, but not limited to, the statements and expectations contained
More informationBUSINESS TO WORLD COMPANHIA GLOBAL DO VAREJO
BUSINESS TO WORLD COMPANHIA GLOBAL DO VAREJO 3Q10 Results Conference Call and Webcast November 5 th, 2010 (Friday) Time: 10:00 a.m. (US EDT) 12:00 p.m. (Brazil) Phone: +1 (786) 924.6977 Code: B2W Replay:
More informationt e c h n i c o l o r. c o m
2017 t e c h n i c o l o r. c o m Forward looking statements THIS PRESENTATION contains certain statements that constitute "forward-looking statements", including but not limited to statements that are
More information3Q Presentation. November 7, 2017
3Q Presentation November 7, 2017 SAFE HARBOR Statements contained in this presentation that are not historical and reflect our views about future periods and events, including our future performance, constitute
More information3M FY 2016/17 Financial results. 22 February
3M FY 206/7 Financial results 22 February 207 0 Table of contents. Key Highlights 2. Financial Update Appendix Notice to recipients This presentation and any materials distributed in connection herewith
More informationConsolidated Income Statement - (R$ MM) Balance Sheet 1Q Equity 2, , % Net Debt¹ % O ther 1Q
Qualicorp S.A. BOVESPA: QUAL3 Shares Outstanding (3/30/2018) 283,176,825 shares São Paulo, May 10th 2018. QUALICORP S.A (B3: QUAL3), one of the leading full-service healthcare benefits trader, administrator
More informationSiemens Gamesa Renewable Energy Q3 18 Results
Siemens Gamesa Renewable Energy Q3 18 Results 27 July 2018 Disclaimer This material has been prepared by Siemens Gamesa Renewable Energy, and is disclosed solely for information purposes. This document
More informationFirst Quarter 2018 Earnings Call. May 10, 2018
First Quarter 2018 Earnings Call May 10, 2018 Forward-Looking Statements This presentation includes certain statements relating to future events and our intentions, beliefs, expectations, and predictions
More informationInvestor PRESENTATION. November Conrad Bora Bora Nui, French Polynesia
Investor PRESENTATION November 2017 Conrad Bora Bora Nui, French Polynesia HLT VALUE PROPOSITION Hilton's scale, global presence and leading brands at multiple price points drive a network effect delivering
More information185,390 cars Fleet as of 09/30/2017
3Q17 and 9M17 Earnings Release 185,390 cars Fleet as of 09/30/2017 Localiza acquired Hertz Brasil in September and took over the operation of 17 franchised locations in the end of the first semester. In
More information3Q 2017 Earnings Call November 10, :00am ET
2017 Earnings Call November 10, 2017 8:00am ET 1 Safe Harbor Statement Certain statements made within this presentation contain forward-looking statements, within the meaning of the Private Securities
More informationCiti Basic Materials Conference November 29, 2017
Forward-Looking Statements Certain statements in these slides and made during this presentation may be considered forward-looking statements. These statements reflect management s current views and are
More informationHellas Group 3nd Quarter 2007 Results. November 15, 2007
Hellas Group 3nd Quarter 2007 Results November 15, 2007 Forward looking statement This presentation includes forward-looking statements. These forward-looking statements include all matters that are not
More informationConsolidated Income Statement - (R$ MM) Balance Sheet Equity 2, , % Net Debt¹
Qualicorp S.A. BOVESPA:QUAL3 Shares Outstanding (12/31/2016) 278.794.088 shares Free Float (12/31/2016) 222.827.401 shares (79.9%) Cash and Cash Equivalents (12/31/2016) R$450,9 million Investor Relations
More informationQ EARNINGS CALL May 1, :00 am ET
Q1 2018 EARNINGS CALL May 1, 2018 9:00 am ET Forward-Looking Statements This presentation contains or may contain forward-looking statements within the meaning of Section 27a of the Securities Act of 1933,
More informationMerger Presentation 90, 90, 90
228, 132, 106 85, 134, 180 233, 234, 235 254, 221, 34 Merger Presentation 90, 90, 90 1, 64, 148 226, 31, 29 December 2017 UNIDAS TRACK-RECORD 1985-2000 2001-2009 2010-2012 2013-2015 2016 Foundation SAG
More informationFounded on food, focused on service.
Founded on food, focused on service. Q1 Earnings Call November 4, 2015 Forward Looking Statements This presentation includes, and our response to various questions may include, certain forward looking
More informationRESULTS 4Q17 AND 2017
RESULTS 4Q17 AND 2017 Important Disclaimer Information contained in this document may include forward-looking statements and reflect Management s current view and estimates of the evolution of the macroeconomic
More information1H18 FINANCIAL RESULTS. September 19, 2018
1H18 FINANCIAL RESULTS September 19, 2018 Disclaimer 1 This presentation is being furnished to you solely for your information and may not be reproduced or redistributed to any other person. This presentation
More informationQ Results presentation
Q1 2016 Results presentation 12 May 2016 1 Disclaimer This presentation (the "Presentation") has been prepared and is issued by, and is the sole responsibility of Telepizza Group, S.A. ( Telepizza" or
More informationSecond Quarter 2018 Earnings Presentation May 8, 2018
Second Quarter 2018 Earnings Presentation May 8, 2018 Cautionary statements This presentation contains forward-looking statements that are subject to known and unknown risks and uncertainties, many of
More information2015 and 4Q15 Results FLRY3. March 2016
2015 and Results FLRY3 March 2016 Disclosure This presentation may contain forward-looking statements. Such statements are not statements of historical facts and reflect the beliefs and expectations of
More information2Q17 Results August 11, 2017
Results August 11, 2017 Highlights Consolidated JSL Consolidated Net Revenue of R$1.8 billion in (+10.6% YoY); Net Revenue from Services of R$1.2 billion in (+6% YoY); Net Revenue from Sale of Assets of
More informationJSL S.A. and its subsidiaries Quarterly information at March 31, 2018 and report on review of quarterly information
Quarterly information at March 31, 2018 and report on review of quarterly information (A free translation of the original report in Portuguese, as filed with the Brazilian Securities Commission (CVM),
More information