DISCLAIMER
This material was prepared by SIMPAR and its subsidiaries JSL, Movida, Vamos, CS Brasil, Automob, BBC and CS Infra, and may include statements that represent expectations about future events or results.
This information reflects only the expectations of the Company's management and has been prepared based on assumptions and currently available information. Future considerations depend significantly on market conditions, government regulations, the performance of the companies, the sector and the Brazilian economy, among other risk factors listed in the companies' reference form. Operating data may affect the Companies' future performance and may lead to results that will differ materially from those expressed in such forward-looking statements.
The words "anticipates," "believes," "expects," "forecasts," "intends," "plans," "projects," "seeks," "should," and similar expressions are intended to identify such forward-looking statements, which naturally involve risks and uncertainties that may or may not be foreseen by the Companies and, accordingly, are not guarantees of the Company's future results. Therefore, future results of the companies' operations may differ from current expectations and readers should not rely solely on the information contained herein. The companies undertake no obligation to update any forward-looking statements in light of new information or future developments.
In addition, this presentation may contain some financial indicators that are not recognized under U.S. GAAP or IFRS. These indicators have no standardized meaning and may not be comparable to similarly titled indicators used by other companies. The companies provide these indicators because they are used as measures of the companies' performance; they should not be considered in isolation or as a substitute for other financial measures disclosed in accordance with BR GAAP or IFRS.
Shareholders and potential investors should always read this presentation in conjunction with the companies' annual and quarterly financial statements and other documents and information made available by the companies.
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Total Time: 3h30
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Registration and Breakfast
Opening: SIMPAR moment / Fernando Antonio Simões - CEO SIMPAR
JSL | / Ramon Alcaraz - CEO JSL |
/ Guilherme Sampaio - CFO JSL | |
Movida | / Gustavo Moscatelli - CEO Movida |
/ Joao Bosco - CEO CS Frotas | |
Vamos | / Gustavo Couto - CEO Vamos |
/ Christian Hahn da Silva - Dealerships Director | |
Automob | / Antonio Cavalcanti - CFO Automob |
CS Infra | / Antonio Barreto - VP Planning & Management |
BBC Digital | / Paulo Caffarelli - CEO BBC Digital |
ESG: Sustainability at the Core of our Strategy / Fernando Simões Filho - SIMPAR Board of Directors
Management, Strategic Planning and M&A / Antonio Barreto - Executive VP Planning & Management
Financial Aspects and Capital Structure | / Denys Ferrez - VP Corporate Finance and IRO | |||
Closing: Solid Foundations for Profit and Profitability | / Fernando Antonio Simões - CEO SIMPAR | |||
Questions & Answers | / SIMPAR and Subsidiaries | |||
Apimec & Closing | / Lucy Sousa - President of APIMEC | |||
3 | ||||
Execution of Strategic Planning creates solid foundations for the | 47K | ||||||
evolution of our results | |||||||
286K | |||||||
CAGR 23% | |||||||
Gross Revenue | R$ 8.2 bn | ||||||
PEOPLE | (2010-LTM 3Q23) | ||||||
22K | |||||||
24K | R$ 33.9 bn | ||||||
OPERATING ASSETS¹ | 169K | ||||||
14K | 85K | ||||||
EBITDA | |||||||
24K | R$2.3 bn | ||||||
R$ | 1.1 bn | ||||||
GROSS REVENUE | R$ 10.9 bn | ||||||
R$ 0.3 bn | |||||||
R$ | 6.6 bn | ||||||
ESTABLISHMENT | |||||||
0.6K | 2.5K | R$2.3 bn | |||||
JSL | 0.4K | ||||||
1956 | 1980 | 1990 | 2000 | 2010 | 2015 | 2020 | LTM 3Q23 |
1956-2009
1956 - 1987 BUILDING THE CARGO TRANSPORTATION COMPANY
- Practices that shaped our CULTURE and VALUES
- Building teams focused on customers
- Cargo transportation (pulp, paper and steel)
- Acquisition of Transcofer
1988 - 1999 DIVERSIFICATION
- Building succession
- Rental of light and heavy vehicles/charter services
- Acquisition of Original Concessionárias
2000 - 2009: DEDICATED AND INTEGRATED SERVICES
- Succession of the Founder
- Experienced professionals from different industries
- Establishment of CS Brasil
- Agricultural, mining, intralogistics and warehousing operations
- Acquisition of Lubiani and Grupo Grande ABC
- Differentiators as entry barriers
2010-2019
TRANSFORMATION AND
DEVELOPMENT
- JSL IPO: Strengthening governance and perpetuity
- Schio acquisition
- Acquisition and IPO of Movida
- Establishment of Vamos
- Establishment of JSL Leasing
2020-2023
CORPORATE RESTRUCTURING
- Establishment of SIMPAR
- JSL IPO and Vamos IPO
- Merger of CS Frotas by and into Movida
- Acquisition of Ciclus
- Establishment of CS Infra and Automob
- +20 Acquisitions: consolidation, scale and reach
- Growth is the result of solid foundations:
People, physical structure and assets, innovation in services - BBC Digital Banking
Note: (1) Cars, trucks, machinery | 5 |
and equipment | |
Business structure and momentum allow us to capture value potential and leverage development to new levels of profitability
Foundation development over the past 3 years
3Q20 | 3Q23 | ||||
• | People | 21K | +26K | 47K | +128% |
CAGR: 32% | |||||
• | Operating Assets | 153K | +133K | 286K | +87% |
CAGR: 23% | |||||
• | Stores | 314 | +215 | 529 | +68% |
CAGR: 19% | |||||
• | LTM Net Revenue | R$ 10.8 bn | +R$ 23.1 bn | R$ 33.9 bn | +215% |
CAGR: 47% | |||||
• | LTM EBITDA | R$ 2.2 bn | +R$ 6.0 bn | R$ 8.2 bn | +266% |
CAGR: 54% | |||||
• | LTM Net Profit | R$ 428 mn | - R$ 74 million | R$ 354 mn | -17% |
Foundations built
Customers | Broad ecosystem | Stores and | Operating | Technology / | |
People | Systems and | ||||
of services | branches | Assets | |||
Controls | |||||
Note: (1) Source: Itaú BBA long-term projections https://www.itau.com.br/itaubba- pt/analises-economicas/projecoes
Macro scenario of high volatility 2020 - 2023
COVID-19
Inflation
Escalating interest rates
Average Selic Evolution
2020 2023E¹
2.8% 13.3%
+10.4 p.p.
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2024 - 2025 - 2026
NEXT STEPS
Strategic Planning: focus on EFFICIENCY with maximum capture of VALUE and continuous
improvement of RESULTS with possible growth as a consequence
Companies ready to take advantage of the
foundations built on transformation cycles, without
the need for additional capital
Efficiency + Profitability = Results
compatible with everything that was built
Maturation of assets + progress in
capturing synergies and possible strategic moves to add value in line with planning
Companies ready to take
advantage of the foundations and
capture growth opportunities
(strategic moves)
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Businesses at complementary stages offer different development levers and performance growth without the need for additional capital.
Listed Companies | Unlisted companies |
Simpar Day 2021 commitments to be built for 2025(Discontinued)
2Q2150%4Q25
R$9.6 bn ... | |||
Gross Revenue R$ bn | 88% | R$10.8 bn | |
Includes the combined gross revenue of the last 12 months
of JSL, IC Transportes and FSJ...
214K
Fleet # thousand | 82% | 260K |
45K ... | |||||
75K | |||||
Fleet # thousand | 60% | ||||
Converting the original (discontinued) estimate of 100,000 assets in 2025 to the new average ticket (74,950 assets).
To be the largest car sales platform in Brazil | ... |
- Largest brand portfolio in Brazil
- Among the top 3 in terms of revenue and number of stores
Bank that fosters the development of the SIMPAR Ecosystem
Development of the portfolio of social | |
infrastructure and logistics concessions with | ... |
a focus on services |
- Six high quality concessions and cash generation potential in our portfolio (most of them still pre- operational)
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Governance and People aligned with our Culture and Values to execute with efficiency and to achieve sustainable results
Qualified and highly experienced executives | Board of Directors |
CEO
FERNANDO ANTONIO
SIMÕES
CFO and | Executive VP of | People and | Risk Management, | Legal VP | Communications | |
IRO | Planning and | Controllership | ||||
Culture | Compliance and Audit | VINICIUS JOSE | and Sustainability | |||
DENYS MARC | Management | SAMIR FERREIRA | ||||
JULIANA SIMÕES | ERIKA EGGERS | ZIVIERI RALIO | PAULA PEDRÃO | |||
FERREZ | ANTONIO BARRETO | |||||
CEO | CEO | CEO | CEO | CEO | CEO | Executive Director |
RAMON | GUSTAVO | GUSTAVO | JOÃO | PAULO ROGERIO | ||
VACANT | GUILHERME DIAS | |||||
ALCARAZ | MOSCATELLI | COUTO | BOSCO | CAFFARELLI | ||
ATU | ||||||
MARCOS TOURINHO | ||||||
GRÂOS PIAUÍ | ||||||
WILTON NEIVA | ||||||
CFO | CFO | CFO | CFO | CFO | CFO | |
GUILHERME | PEDRO | ADRIANO | ANSELMO | FELIPE | ANTONIO | CICLUS |
SAMPAIO | ALMEIDA | ORTEGA | TOLENTINO | FRANCISCHINELLI | CAVALCANTI | |
ADRIANA FELIPETTO |
SIMPAR Directors | SIMPAR Directors | SIMPAR Directors | SIMPAR Directors | SIMPAR Directors |
Adalberto | Fernando A. | Fernando A. | Fernando A. | Denys | Antonio | Fernando A. | Denys | Antonio | Fernando A. | Adalberto | Denys | Fernando A. | Denys | Antonio | ||||
Calil | Simões Filho | Simões | Simões | Ferrez | Barreto | Simões | Ferrez | Barreto | Simões | Calil | Ferrez | Simões | Ferrez | Barreto | ||||
(Chairman) | (Deputy Chairman) | (Board Member) | (Chairman) | (Board Member) | (Board Member) | (Chairman) | (Board Member) | (Board Member) | (Chairman) | (Board Member) | (Board Member) | (Chairman) | (Board Member) | (Board Member) | ||||
Independent Members | Independent Members | Independent Members | Independent Members | ▪ Brand Committees |
Álvaro Novis | Paulo | Gilberto Xandó | Maria Fernanda | Paulo | Marcelo José | Augusto | ||||
Sylvia Leão | dos Santos Teixeira | Ferreira e Silva | ||||||||
(Independent member) | Kakinoff | (Independent member) | Kakinoff | Marques da Cruz | ||||||
(Independent member) | (Independent member) | (Independent member) | ||||||||
(Independent member) | (Independent member) | (Independent member) | ||||||||
GOVERNANCE | 2009 2015 2023 |
Listed Companies - Novo Mercado
0 1 4
Boards
0 1 5
Committees
0 1 19
Culture and Values
Customer | People | Simplicity | Owner Attitude | Sustainability | Profit |
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Simpar SA published this content on 24 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2023 22:37:06 UTC.