1 Highlights ndice INDEX 2 Operational Performance: Backlog and Net Revenue COGS Gross Profit and Gross Margin Operating Expenses and Other Expenses Financial Result Adjusted EBITDA Adjusted EBITDA Reconciliation Net Result…
Disclaimer ndice FORWARD LOOKING STATEMENTS This document may contain prospective statements which are subject to risks and uncertainties as they were based on expectations of the Companys management and on available information.…
Highlights
New Scenario MANAGEMENT OPERATIONAL Restructuring Plan completed; Low productivity cash Appropriateness of costs constraints limit production and allowed positive Adjusted investment; EBITDA; Costs still under pressure New focus:…
3Q14 Performance
Backlog in 9/30/2014 - R 880 million Short Term Reduction of 9.0% against 2Q14 Long 28% Term Expansion of delivery 72% Net Revenue - R 90.7 million Higher revenue in Colombia, Oilfield Services Brazil and Tubular Services &…
Cost on Goods Sold (R thd) -16.4% 94,878 -12.3% 90,431 25,439 27% 79,349 29,653 33% 16,260 20% 69,439 73% 80% 60,778 67% 63,089 3Q13 2Q14 3Q14 Services Products Reduction in maintenance expenses in the Oilfield…
Gross Profit (R thd) and Gross Margin (%) Gross Profit: R 11.4 million, with margin of 12.5% Better margins in Well Services and Drilling & Workover operations. 20% 30.000 11,351 9,093 7,894 15% 12.5% 20.000 8.7% 1,736 10%…
Operational Expenses R thd Sales and Administrative Other Expenses Expenses Compared to the 2Q14: Decrease of R 6.6 million in sales, Increase of R 26.8 million in fines administrative and management with customers.…
Financial Result R thd * Excluding exchange variance Gain of R 36.2 million for non-conversion of part of the Bonds in Capital Stock and reversion of premium of R 41.5 million on non-conversion of Debentures; Reduction of…
Adjusted EBITDA R thd Mainly drivers: Increase in Gross Profit and Margin; Reduction of sales and administrative expenses with commissions, salaries, freight and services. 3Q14 Performance 12
Net Result R thd Excluding the extraordinary events recorded, the net result in the 3Q14 would be a loss of R 37.8 million Extraordinary events: R 136.2 million - losses on new shares fair value; R 98.1 million - loss by…
Debt Total Debt in 9/30/14 R 400.1 million 36% in short term Net Debt 3Q14 (R million) 400.1 395.4 Cash in 9/30/14: R 4.7 million Cash and equivalents: R 1.6 million Bonds and securities: R 3.1 million 4.7 Total…
Debt Restructuring Plan
New Debt Profile Total Debt in 6/30/14 Total Debt in 9/30/14 R 1,591.2 million R 400.1 million 98% in short term 36% in short term Achievements attained and in progress: Reduction of the total debt in 74.9% lower leverage;…
Restructured Balance Sheet ASSET 30/09/2014 LIABILITIES 30/09/2014 Restructuring 30/09/2014 CURRENT 382.632 CURRENT 1.872.593 438.864 Cash and cash equivalents 1.596 Accounts payable 103.965 103.965 Securities-restricted 3.084 Loans…
New Shareholding BNDES 31% Petros 24% Bondholders * 48% Oil Field Services Hold Co BNDES 30% LLC 18% Ita 9% Lupapar 4% Votorantim 7% Outros 25% 157.604.093 shares 4.697.054.385 shares (*) pulverized individual position…
First Increase Liquidity Sale of Argentinas Units US 22 million US 10 million US 7 million US 5 million Closing Until 10 days Contractual conditions aligned Trading of the following Argentinas units: Vlvulas Worcester de…
Restructuring Plan Status Completed: Capital increase to exchange debt for equity - deleveraging - and stretching the debt profile Next steps: Strategic focus on expansion of cash equivalents; Resumption of operational…
Q&A
IR Contacts Ricardo Doebeli CEO Thiago Piovesan CFO and DRI rilupatech.com.br www.lupatech.com.br/ri Fone: +55 (11) 2134-7000
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