AMBIPAR PARTICIPAÇÕES E EMPREENDIMENTOS S.A. (Convenience translation into English from the original previously issued in Portuguese)
AMBIPAR PARTICIPAÇÕES E
EMPREENDIMENTOS S.A.
Independent auditors' review report
Individual and consolidated interim financial information
As at September 30, 2022
EO/JRS/RM/AS/DS/JCO | 5541i/22 |
AMBIPAR PARTICIPAÇÕES E EMPREENDIMENTOS S.A.
Individual and consolidated interim financial information
As at September 30, 2022
Contents
Management report
Independent auditor's review report on the individual and consolidated interim financial information
Individual and consolidated interim statements of financial position Individual and consolidated interim statements of income
Individual and consolidated interim statements of comprehensive income Individual and consolidated interim statements of changes in equity Individual and consolidated interim statements of cash flows - indirect method
Individual and consolidated interim statements of value added - additional information
Individual and consolidated notes to the interim financial information
2
3Q22 EARNINGS RELEASE
AMBIPAR PARTICIPAÇÕES E EMPREENDIMENTOS S.A. ANNOUNCES
3Q22 AND 9M22 RESULTS
Consolidated EBITDA(1) reaches R$1.1 billion and in 3Q22 advances
69.1%
São Paulo, November 7th, 2022 - Ambipar Participações e Empreendimentos S.A. (B3: AMBP3), leader in its areas of activity, is a Brazilian multinational with businesses structured in two segments:
- Environment: total waste management focused on recovery following the concept of circular economy, especially in the treatment and reinsertion of materials in the production chain.
- Response: prevention, training, industrial and maritime services, as well as response to environmental emergencies in all modes (road, air, maritime, rail, industrial and pipelines).
Highlights
- Record Gross Revenue(1): R$4.4 billion
- Record EBITDA(1): R$1.1 billion
- Increase of 1.9 p.p. in the 3Q22 EBITDA Margin reaching 27.8%
- Net Revenue 110.5% higher in 9M22 vs. 9M21
- Maintenance of the leverage ratio of 2.8x
- Organic Growth of 21%
Videoconference in Portuguese
(Simultaneous interpretation into English)
Tuesday, November 8, 2022
11:00 am (Brasilia time) 09:00 am (US EST)
Webcast: Click here
IR Contacts:
Thiago da Costa Silva
CFO
Ricardo Rosanova Garcia
IRO
Renato Ferreira dos Santos
IR Manager
Site: https://ri.ambipar.com/
E-mail: ri@ambipar.com
- 3Q22 Proforma Annualised
3Q22 HIGHLIGHTS
CONSOLIDATED FINANCIAL RESULTS
LTM and Annualized - Proforma
12 months - LTM | Annualised - Pro forma | |||||||||
LTM | LTM | Chg. | LTM | Chg. | 3Q22 | 3Q21 | Chg. | 2Q22 | Chg. | |
R$ million | 3Q22 | 3Q21 | 3Q22 x3Q21 | 2Q22 | 3Q22 x2Q22 | Proforma | Pro forma | Pro forma | Proforma | Pro forma |
(a) | (b) | (a/b) | (c) | (a/c) | (d) | (e) | (d/e) | (f) | (d/f) | |
Gross revenues | 3,717.7 | 1671.0 | 122.5% | 3,327.1 | 11.7% | 4,397.2 | 2,834.9 | 55.1% | 3,865.6 | 13.8% |
Deductions | -436.5 | -210.4 | 107.5% | -410.0 | 6.5% | -477.1 | -371.0 | 28.6% | -452.0 | 5.6% |
Net revenues | 3,281.2 | 1460.6 | 124.6% | 2,917.2 | 12.5% | 3,920.1 | 2,463.9 | 59.1% | 3,413.6 | 14.8% |
Gross profit | 1,038.7 | 465.2 | 123.3% | 925.6 | 12.2% | 1,242.7 | 790.3 | 57.2% | 1,027.4 | 20.9% |
Gross margin | 31.7% | 31.8% | -0.2 p.p. | 31.7% | -0.1 p.p. | 31.7% | 32.1% | -0.4 p.p. | 30.1% | 1.6 p.p. |
EBITDA | 883.1 | 394.9 | 123.6% | 771.7 | 14.4% | 1,090.4 | 644.7 | 69.1% | 883.3 | 23.4% |
EBITDA margin | 26.9% | 27.0% | -0.1 p.p. | 26.5% | 0.5 p.p. | 27.8% | 26.2% | 1.6 p.p. | 25.9% | 1.9 p.p. |
Net financial result | -384.1 | -57.3 | 570.3% | -268.5 | 43.0% | -633.2 | -170.8 | 270.7% | -444.8 | 42.3% |
Net income | 138.6 | 142.9 | -3.0% | 149.1 | -7.1% | 132.6 | 174.8 | -24.1% | 15.8 | 737.5% |
Net debt* | 3,079.7 | 1,534.5 | 100.7% | 2,500.5 | 23.2% | 3,079.7 | 1,534.5 | 100.7% | 2,500.5 | 23.2% |
Financial leverage (x) | 3.5 | 3.9 | -0.4 | 3.2 | 0.2 | 2.8 | 2.4 | 0.4 | 2.8 | 0.0 |
* at the end of the period
3Q22 and 9M22 Results
Chg. | Chg. | Chg. | ||||||
R$ million | 3Q22 | 3Q21 | 3Q22 | 2Q22 | 3Q22 | 9M22 | 9M21 | |
9M22 x9M21 | ||||||||
x3Q21 | X2Q22 | |||||||
Gross revenues | 1,099.3 | 708.7 | 55.1% | 966.4 | 13.8% | 2,935.1 | 1,414.9 | 107.4% |
Deductions | -119.3 | -92.7 | 28.7% | -113.0 | 5.6% | -335.7 | -180.3 | 86.2% |
Net revenues | 980.0 | 616.0 | 59.1% | 853.4 | 14.8% | 2,599.4 | 1,234.6 | 110.5% |
Gross profit | 310.7 | 197.6 | 57.2% | 256.9 | 20.9% | 809.2 | 391.5 | 106.7% |
Gross margin | 31.7% | 32.1% | -0.4 p.p. | 30.1% | 1.6 p.p. | 31.1% | 31.7% | -0.6 p.p. |
EBITDA | 272.6 | 161.2 | 69.1% | 220.8 | 23.5% | 697.2 | 331.2 | 110.5% |
EBITDA margin | 27.8% | 26.2% | 1.6 p.p. | 25.9% | 1.9 p.p. | 26.8% | 26.8% | 0.0 p.p. |
Net financial result | -158.3 | -42.7 | 270.7% | -111.2 | 42.4% | -329.9 | -51.9 | 535.6% |
Net income | 33.2 | 43.7 | -24.0% | 4.0 | 730.0% | 86.1 | 116.6 | -26.2% |
Net debt* | 3,079.7 | 1,534.5 | 100.7% | 2,500.5 | 23.2% | 3,079.7 | 1,534.5 | 100.7% |
* at the end of the period
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Ambipar Participações e Empreendimentos SA published this content on 06 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 December 2022 22:31:03 UTC.
