21
CORPORATE PRESENTATION 2020

CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

  • Upload
    others

  • View
    12

  • Download
    0

Embed Size (px)

Citation preview

Page 1: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

CORPORATE

PRESENTATION2020

Page 2: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

Disclaimer

This presentation and discussion may contain forecasts or projections

in accordance with the vision and expectations of the management with

respect to the performance of the Company, the businesses and future

events. These forecasts and projections are subject to risks,

uncertainties and assumptions that are uncertain. Several factors can

cause actual results to differ materially from those forecasts, projections

and plans of the management, including, without limitation, business

development and marketing of new products, the demand for and

acceptance of the Company’s products, economic conditions in the

product markets and the different regions, the cost of raw materials and

energy and the fluctuation of the exchange rate.

FINANCIAL EXPECTATIONS

The financial expectations, forecasts and projections in this

presentation reflect the current beliefs of the Company and its

Administration. The Company is not required and does not acquire duty

to update this presentation or any forecast, projection or expectation as

a result of new information, events or circumstances subsequent to this

date.

This presentation is not intended for, or is intended to be distributed or

used by, any person or entity that is a citizen or resident in any locality,

state, country or other jurisdiction where said distribution or use is

contrary to law or where it is required some registration or license.

Neither the CNBV nor any other authority has approved or disapproved

the information included in this presentation, as well as its veracity and

sufficiency.

Neither this presentation nor its content constitute the basis of a

contract or a binding commitment of any kind. The recipients of this

presentation should not interpret the content thereof as legal, tax or

investment advice, so they should consult their own advisors for that

purpose. This document contains subjective estimates and analysis, as

well as assertions. Certain information contained in this derivation,

however, from sources prepared by third parties. Although it is

considered that such information is reliable for purposes of this, we do

not pronounce on, or guarantee or assume any express or implied

obligation with respect to the sufficiency, accuracy or reliability of such

information, or the assertions, estimates and projections contained

herein; On the other hand, nothing contained in this presentation shall

be considered as an expectation, promise or statement regarding past,

present or future performance. Neither Grupo Industrial Saltillo, S.A.B.

de C.V., their respective directors, officers, employees, members,

partners, shareholders, agents or advisors pronounce themselves on or

guarantee the accuracy of said information. This presentation contains,

and in the talks related to them may be mentioned, "future estimates."

Future estimates may consist of information related to results.

Page 3: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

GIS is a global Mexican conglomerate

public since 1976

Strong Brand portfolio and leading businesses…

•Kitchen and tableware

•Enamel steel, ceramic

and aluminum

• Floor and wall tiles

• Ceramic and porcelain

tiles

• Casting and

machining

• Iron and aluminum

Page 4: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

Significant portfolio realignment to industries and

geographies of greater potential

2008 2019

EUROPE ASIA

121MHOMES

13MVEHICLES

43%

45%

12% 7%

82%

11%

72%

20%

8% 3%

97%*Includes ByC, business divested in 2012

DRAXTON*

VITROMEX

CINSA

NORTH

AMERICA

NORTH

AMERICA

Mix of Revenue Mix of EBITDA

167MHOMES

57MVEHICLES

Mix of Revenue Mix of EBITDA

DRAXTON

VITROMEX

CINSA

Page 5: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

This strategy has resulted on a decade of very

positive economic performance

USD EUR MXN

2008 2019*

RMB

Revenue EBITDA

9,868 6686.8%

62%

38%8%

92%

38%

24%

34%

4%

59%35%

3% 3%

Revenue EBITDA

17,868 2,37413.5%

• 2x Revenues & 4x EBITDA

• +90% Cash Flow in hard currencies

• Strong Balance Sheet

6.33.7

Net

Leverage

Interest

Coverage

1.94.9

Net

Leverage

Interest

Coverage

MXM

Millions

* 2019 L12M - September

Page 6: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

OUR STRATEGY: Become a leading global supplier

of iron cast and machined

mobility solutions

Page 7: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

A global manufacturing footprint

Page 8: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

Our portfolio ready for the future… fully compatible with

Hybrid and +60% compatible with EV

BRAKES (46%)

38% 4%

CHASSIS (10%)

POWERTRAIN (44%)

• Brakes Disc• Caliper• Brackets

• Knuckles• Control Arms• Supports

• Crankshaft• Damper• Clutch Plates• Diff. Cases

Hybrid ElectricInternal Combustion

Page 9: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

Draxton to become leading player in

brakes systems

31%

40%

6%

23%

BRAKES POWERTRAIN

2008 2019

CHASSIS

58%

31%

11%

46%

44%

10%

OUR VISION

OTHER INDUSTRIES

Page 10: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

With presence in key global markets

84%

8%

8%

2008 2019 OUR VISION

53%

20%

18%

9%

40%

28%

20%

12%

Measured by origin of customers

EUROPEAN ASIAN OTHERNAFTA EUROPEAN ASIAN OTHERNAFTA

Page 11: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

While partnering with leading

autoparts and mobility companies

Order book over $250 MUSD

Page 12: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

Draxton D4C will be a key advantage in the

future

Sources of value

• Advance marketing

• Best practice transfer between different sites

• Simultaneous co design in different geographies

• Faster roll out of new technologies

• Environment design for innovation

• +150 engineers

• Two centers of excellence

Brake Competence Center (BCC)

Machining Technology Center (MTU)

• Four Engineering and R&D Locations

Spain (two)

Mexico

China

Page 13: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

USMCA Positive for Draxton

75% 40-45% 75%components

must be manufacturedin the region

minimum salary US$16

an hour

Iron & Aluminum

purchases of the region

NAFTA

• Relocation of operations from Europe and

Asia to meet regional content

• OEM'S investment requirement for EV

developments

As a result

Page 14: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

OUR STRATEGY: Become the best value and service alternative in

ceramic and porcelain tile in NAFTA

Page 15: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

Strong fundamentals…

Significant footprint

15th largest manufacturer

in the world

Strong Brand

recognition

in Mexico

Manufacturing and commercial

expertise

• 100% digitalized units

54M m2

Total capacity

Page 16: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

We are suppliers to leading companies

in Mexico and the US

Page 17: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

OUR STRATEGY: Maintain enamel steel leadership in Mexico and

accelerate expansion in US, innovate in ceramic and

aluminum across all the portfolio

Page 18: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

53%

23%

24%

MATERIAL

CERAMIC ALUMINUMENAMEL STEEL

50%

26%

14%

10%

MODERN

TRADE

IRON

MONGERY

WHOLESALES

& DISTRIBUTORS

US

MARKET

SALES CHANNELS

Significant presence: Key tableware,

segments & channels

Page 19: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

CINSA has one of the widest distribution

footprint in the industry

cuesta menos

Page 20: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

Key Takeaways

Important margin expansion driven by Vitromex

turnaround and recovering US market

Strong cash flow and financial position to take

advantage of inorganic opportunities

Significant growth potential in Draxton: USMCA

(Brakes), China, commercial vehicles (Europe)

and EV components

Page 21: CORPORATE PRESENTATION - investor cloudcdn.investorcloud.net/GIS/InformacionFinanciera/Presentaciones/2020... · CORPORATE PRESENTATION 2020 Disclaimer This presentation and discussion

CORPORATE

PRESENTATION2020