-
7/27/2019 2Q13 - Webcast
1/12
Apresentao Usiminas
2T11 - APIMEC
2Q13 ResultsWebcast
-
7/27/2019 2Q13 - Webcast
2/12
1,591 1,572
1Q13 2Q13
313
441
1Q13 2Q13
1,346 1,366
1Q13 2Q13
2Q13 ResultsConsolidated highlights
-1%
Steel Sales t housand t ons
+1%
2
Iron Ore Sales t housand t ons
Net Revenue R$ mil l ion
+41%
Adjusted EBITDA R$ mil l ion
3,195
3,244
1Q13 2Q13
+2%
-
7/27/2019 2Q13 - Webcast
3/12
1,2301,343
1,162 1,1361,246 1,327 1,262 1,209 1,226
1,428
358 240
243 204
266
561
487 522 365 144
1,588 1,583
1,406 1,340
1,512
1,888
1,749 1,731
1,591 1,572
1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13
Domestic Market Exports
Sales VolumeSteel Business - Thousand tons
3
Total steel sales volume remained stable with the domestic
market sales growingsubstancially - the highest volume in 3
years
+16%
-
7/27/2019 2Q13 - Webcast
4/12
117
189
83 74100
201
57 20
178
289
4%
7%
3% 3%4%
7%
2%1%
7%
10%
1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13
Adjusted EBITDA Adjusted EBITDA Margin
Adjusted EBITDA/ Adjusted EBITDA MarginSteel Business - R$
Million
4
The EBITDA Margin in the Steel Business is back to 2 digits -
the highest in 33 months
-
7/27/2019 2Q13 - Webcast
5/12
Adjusted EBITDA / Adjusted EBITDA MarginMining Business - R$
Million
5
139
180156
129111 100
56
173
144 120
65% 68%
61%
54%
46% 47%
36%
59% 58%54%
1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13
Adjusted EBITDA Adjusted EBITDA Margin
Even with the iron ore price decrease in the internaticonal
market, the EBITDA margin in theMining Business remained at a high
level
-17%
-
7/27/2019 2Q13 - Webcast
6/12
Adjusted EBITDA/ Adjusted EBITDA MarginConsolidated - R$
Million
6
337
365
343
218190
232
150
226
313
441
11% 12% 12%
8%
7% 7%4%
7%
10%
14%
-10%
-5%
0%
5%
10%
15%
100
150
200
250
300
350
400
450
500
1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13
Adjusted EBITDA Adjusted EBITDA Margin
+41%
The highest EBITDA and EBITDA margin in the last 30 months
-
7/27/2019 2Q13 - Webcast
7/12
207
376
-16
142
1Q13 2Q13
Gross Profit Operating Profit
Gross Profit and Operating Profit
7
Consolidated - R$ Million
+R$169 million
In the 2Q13, the operating loss was reverted into operating
profit
+R$158 million
-
7/27/2019 2Q13 - Webcast
8/12
4.8
2.62.7
2.2
Dec/11 Dec/12 Mar/13 Jun/13
Working Capital
8
Consolidated - R$ Billion
Working Capital remained in a balanced level
Average2,5
-
7/27/2019 2Q13 - Webcast
9/12
1,512
1,031
903 916
4Q11 4Q12 1Q13 2Q13
Working Capital Steel Inventories
9
Consolidated - Thousand tons
Steel inventories remained stable
Days of inventory102 54 51 52
-
7/27/2019 2Q13 - Webcast
10/12
45
142
112
104
17
15
175
261
1Q13 2Q13
Steel Mining Others Total
Capex
10
Consolidated - R$ Million
Strict CAPEX control
-
7/27/2019 2Q13 - Webcast
11/12
3,410
3,611
3,280
2012 1Q13 2Q13
Net debt
Net DebtConsolidated - R$ Million
11
9% net debt reduction, even with a 10% Real devaluation in the
2Q13
-9%
-
7/27/2019 2Q13 - Webcast
12/12
www.usiminas.com/ri
ADR
Level I
Declarations relative to business perspectives of the Company,
operating and
financial results and projections, and references to the growth
of the
Company, constitute mere forecasts and were based on
Managements
expectations in relation to future performance. These
expectations are highly
dependent on market behavior, on Brazils economic situation, on
the
industry and on international markets, and are therefore subject
to change.
Cristina Morgan C. DrumondHead of IR
[email protected]
Phone: 55-31-3499.8772
Fax: 55-31-3499.9357
Luciana Valadares dos [email protected]
Phone: 55-31-3499.8619
Leonardo Karam [email protected]
Phone: 55-31-3499.8550
Diogo Dias [email protected]
Phone: 55-31-3499.8710
