SlideShare una empresa de Scribd logo
1 de 11
Descargar para leer sin conexión
2Q09 Earnings
Conference Call
Forward-looking Statements

This presentation contains forward-looking statements. These statements do not
represent historical fact, but rather reflect the beliefs and expectations of
Braskem’s management. The words “anticipate”, “wish”, “expect”, “estimate”,
“intend”, “forecast”, “plan”, “predict”, “project”, “target” and similar words
are intended to identify these statements. Although Braskem believes that the
expectations and assumptions reflected in these forward-looking statements are
reasonable and based on information currently available to management,
Braskem cannot guarantee future results or events.

The forward-looking statements in this presentation are valid only on the date
they are made (June 30, 2009) and the Company does not assume any obligation
to update them in light of new information or future developments.

Braskem is not responsible for any transaction or investment decision taken
based on the information in this presentation.

                                                                                 2
Global Scenario

•   Oil price influenced by reduced supply and financial market movements
•   Petrochemical prices recovery in the international market:
      •   Asian demand acceleration
      •   Supply restriction in the region
      •   Stronger demand for gasoline (US driving season) and aromatics
•   Delays in the startup of new capacities in the Middle East
•   12 MM tons of ethylene capacity lost in USA and Europe in 2009
•   Financial sector upturn is unsure
•   Downturn cycle can last until 2011




                                                                            3
Regional Scenario

•   Braskem plants operating at full capacity

•   Braskem’s Inventories at normal levels

•   Increased demand for thermoplastic resins in the Brazilian market:

      •   Government incentives for automotive and white goods

      •   Agribusiness and construction industries signaling a recovery in 2H09

•   Reduced volumes of imported resins and manufactured goods
•   Inventories levels in the chain are still low

•   Sales volume recovery for Mercosur, Bolivia and Andean countries




                                                                                  4
2Q09 Highlights
Operating Performance:

. Net revenue reaches R$ 3.7 billion, 13% up on 1Q09, with sales recovery in the
 domestic market and prices retrieval in the exports market
. EBITDA reaches R$ 566 million, with 15.3% margin
. Net income grows R$ 1,146 million over 1Q09: exchange appreciation and upturn
 in profitability

Strategic Actions:

. Merger of Petroquímica Triunfo

. Startup of ETBE plant in the Camaçari Petrochemical Complex: + 210 kt

Achievements:

. Raising of R$ 250 million through a receivables-backed investment fund (FIDC) with
 weighted remuneration of CDI + 1.85% p.a.
. SG&A reduction reaches R$ 50 million in the first six months of 2009
                                                                                       5
Brazilian market showing
 significant evolution


    Domestic Sales 1Q09 x 2Q09                                       %   Resins Market Share 2Q09


                                      55%                                 Imports
                                                                                     19%

                        29%                         27%
                                                                                            53%
         16%                                                   18%
                                                                                    28%
                                                                           Others

        PE’s            PP           PVC            Total    Brazilian
                                                   Resinas    Market *


   * Braskem estimates: Domestic sales + imports




Source: Braskem                                                                                     6
EBITDA
 Higher basic petrochemicals prices and sales volume
 overcome exchange appreciation and raw material cost increase

   R$ million



                                                                                                FX Impact
                                                                                    247         on Costs


                                                                                  FX Impact
                                                                                 on Revenue       (334)
                        539      65


                                          ( 232 )
                                                     ( 96 )                                               566
                  457                                         ( 87 )
                                                                        ( 57 )         ( 24 )




              EBITDA    Price   Volume    Raw       Others     FX       Other         Costs +         EBITDA
               1Q09                      Material    PIS/              Variable        SG&A            2Q09
                                                    COFINS              Costs


                                                                                                                7
Source: Braskem
EBITDA
 Positive FX impact, COGS gains and increased sales volume
 offset lower resin prices

   R$ million

                                                                         FX Impact
                                                             1,171
                                                                         on Revenue

                                                             FX Impact
                                                              on Costs      (890)




                                              280    111         36            23
                                     407
                         1,661




                  557                                                                             566
                                                                                       (2,509)



             EBITDA      Raw        Other     FX    Volume    Others         Costs +   Price     EBITDA
              2Q08      material   Variable                                   SG&A                2Q09
                                    Costs

                                                                                                          8
Source: Braskem
Comfortable cash position, covering
over 2 years of debt amortization
         R$ Million (06/30/09)
      Gross Debt:
            Debt:    10,583                        Net Debt / Ebitda (x) R$                        Net Debt / Ebitda (x) US$
      Net Debt:
          Debt:       7,347
      Average Term: 10.1 years
              Term:                                 3.97        -20%                                                   6%
                                                                            3.16                       3.25                     3.43
67% of the debt are pegged to the USD

              3,236



                                                   Mar 09                  Jun 09                     Mar 09                   Jun 09
             1,468



                              PFICO       15%

                                                      13%                                               13%
                                                                   12%
                                                                               11%
                        11%       10%
                                                                                                                        9%
             1,768      610              1,617                                              6%
                                                    1,326        1,288        1,209                    1,372
                                 1,091                                                                                 976
                        526                                                                615


            06/30/09   2009       2010   2011        2012         2013         2014/       2016/        2018/      2020 onwards
                                                                               2015        2017         2019
              In US$
                                                 Value related to the loan granted by a Petrobras subsidiary for the
              In R$                              delisting of Copesul, due in October 2009.
                                                                                                                       Source: Braskem   9
Focus



  Continuous strengthening of long-term relationship with Clients
  Priority over financial health and liquidity
  Productivity Program: cost reduction
  Support the sustainability of the Brazilian petrochemical chain
  Construction of the Green PE plant
  Projects in Venezuela
  Analysis of opportunities arising from crisis: selective
  acquisitions in North America
  Operational renewal: over 500 employees by 2011

             Greater operational and financial strength
                                                                    10
2Q09 Earnings
Conference Call

Más contenido relacionado

La actualidad más candente

1 q11 conference call presentation
1 q11 conference call   presentation1 q11 conference call   presentation
1 q11 conference call presentationBraskem_RI
 
Merrill lynch global metals and mining conference barcelona, 12 140509
Merrill lynch global metals and mining conference barcelona, 12 140509Merrill lynch global metals and mining conference barcelona, 12 140509
Merrill lynch global metals and mining conference barcelona, 12 140509evraz_company
 
el paso 092805Hopper_Deutsche
el paso  092805Hopper_Deutscheel paso  092805Hopper_Deutsche
el paso 092805Hopper_Deutschefinance49
 
Presentation quattor acquisition
Presentation   quattor acquisitionPresentation   quattor acquisition
Presentation quattor acquisitionBraskem_RI
 
Conference call presentation 3 q07 results
Conference call presentation   3 q07 resultsConference call presentation   3 q07 results
Conference call presentation 3 q07 resultsBraskem_RI
 
air products & chemicals 2007 Sep18 BofA
air products & chemicals 2007 Sep18 BofAair products & chemicals 2007 Sep18 BofA
air products & chemicals 2007 Sep18 BofAfinance26
 
Conference call presentation 1 q09 results
Conference call presentation   1 q09 resultsConference call presentation   1 q09 results
Conference call presentation 1 q09 resultsBraskem_RI
 
HMS Group presentation, Morgan Stanley EMEA Conference (April 2011)
HMS Group presentation, Morgan Stanley EMEA Conference (April 2011)HMS Group presentation, Morgan Stanley EMEA Conference (April 2011)
HMS Group presentation, Morgan Stanley EMEA Conference (April 2011)HMS Group
 
081202 Sector Update Refinerydoc
081202 Sector Update  Refinerydoc081202 Sector Update  Refinerydoc
081202 Sector Update Refinerydocguestd8d2086
 
CMC_Analysts_Presentation_FY_06
CMC_Analysts_Presentation_FY_06CMC_Analysts_Presentation_FY_06
CMC_Analysts_Presentation_FY_06finance21
 
Hcl tech 1 qfy2011-211010
Hcl tech  1 qfy2011-211010Hcl tech  1 qfy2011-211010
Hcl tech 1 qfy2011-211010Angel Broking
 
Vale Q4 2012 results presentation
Vale Q4 2012 results presentationVale Q4 2012 results presentation
Vale Q4 2012 results presentationTradeWindsnews
 
textron annual report 1999
textron annual report 1999textron annual report 1999
textron annual report 1999finance21
 
2008_2_Dec_Citi
2008_2_Dec_Citi2008_2_Dec_Citi
2008_2_Dec_Citifinance26
 

La actualidad más candente (17)

1 q11 conference call presentation
1 q11 conference call   presentation1 q11 conference call   presentation
1 q11 conference call presentation
 
Merrill lynch global metals and mining conference barcelona, 12 140509
Merrill lynch global metals and mining conference barcelona, 12 140509Merrill lynch global metals and mining conference barcelona, 12 140509
Merrill lynch global metals and mining conference barcelona, 12 140509
 
el paso 092805Hopper_Deutsche
el paso  092805Hopper_Deutscheel paso  092805Hopper_Deutsche
el paso 092805Hopper_Deutsche
 
Presentation quattor acquisition
Presentation   quattor acquisitionPresentation   quattor acquisition
Presentation quattor acquisition
 
ApresentaçãO Resultados Eng 3 T09 Final
ApresentaçãO Resultados Eng 3 T09 FinalApresentaçãO Resultados Eng 3 T09 Final
ApresentaçãO Resultados Eng 3 T09 Final
 
RIL Result Update
RIL Result UpdateRIL Result Update
RIL Result Update
 
Conference call presentation 3 q07 results
Conference call presentation   3 q07 resultsConference call presentation   3 q07 results
Conference call presentation 3 q07 results
 
air products & chemicals 2007 Sep18 BofA
air products & chemicals 2007 Sep18 BofAair products & chemicals 2007 Sep18 BofA
air products & chemicals 2007 Sep18 BofA
 
Conference call presentation 1 q09 results
Conference call presentation   1 q09 resultsConference call presentation   1 q09 results
Conference call presentation 1 q09 results
 
HMS Group presentation, Morgan Stanley EMEA Conference (April 2011)
HMS Group presentation, Morgan Stanley EMEA Conference (April 2011)HMS Group presentation, Morgan Stanley EMEA Conference (April 2011)
HMS Group presentation, Morgan Stanley EMEA Conference (April 2011)
 
081202 Sector Update Refinerydoc
081202 Sector Update  Refinerydoc081202 Sector Update  Refinerydoc
081202 Sector Update Refinerydoc
 
CMC_Analysts_Presentation_FY_06
CMC_Analysts_Presentation_FY_06CMC_Analysts_Presentation_FY_06
CMC_Analysts_Presentation_FY_06
 
Q1 2009 Earning Report of Iron Mountain, Inc.
Q1 2009 Earning Report of Iron Mountain, Inc.Q1 2009 Earning Report of Iron Mountain, Inc.
Q1 2009 Earning Report of Iron Mountain, Inc.
 
Hcl tech 1 qfy2011-211010
Hcl tech  1 qfy2011-211010Hcl tech  1 qfy2011-211010
Hcl tech 1 qfy2011-211010
 
Vale Q4 2012 results presentation
Vale Q4 2012 results presentationVale Q4 2012 results presentation
Vale Q4 2012 results presentation
 
textron annual report 1999
textron annual report 1999textron annual report 1999
textron annual report 1999
 
2008_2_Dec_Citi
2008_2_Dec_Citi2008_2_Dec_Citi
2008_2_Dec_Citi
 

Destacado

Increase your customers with an effective Social Media strategy
Increase your customers with an effective Social Media strategyIncrease your customers with an effective Social Media strategy
Increase your customers with an effective Social Media strategyITVibes, Inc.
 
Rivivi con noi l'evento di Oriolo Romano
Rivivi con noi l'evento di Oriolo RomanoRivivi con noi l'evento di Oriolo Romano
Rivivi con noi l'evento di Oriolo RomanoRossana Cinquanta
 
การผลิตและใช้สื่อการเรียนการสอนวิทยาศาสตร์ นายกอบวิทย์ พิริยะวัฒน์
การผลิตและใช้สื่อการเรียนการสอนวิทยาศาสตร์ นายกอบวิทย์ พิริยะวัฒน์การผลิตและใช้สื่อการเรียนการสอนวิทยาศาสตร์ นายกอบวิทย์ พิริยะวัฒน์
การผลิตและใช้สื่อการเรียนการสอนวิทยาศาสตร์ นายกอบวิทย์ พิริยะวัฒน์Kobwit Piriyawat
 
Presentation braskem plus
Presentation   braskem plusPresentation   braskem plus
Presentation braskem plusBraskem_RI
 
S&p inv grade braskem_300311
S&p inv grade braskem_300311S&p inv grade braskem_300311
S&p inv grade braskem_300311Braskem_RI
 
Six Habits of SOCIAL Entrepreneurs
Six Habits of SOCIAL EntrepreneursSix Habits of SOCIAL Entrepreneurs
Six Habits of SOCIAL EntrepreneursCharles Tsai
 

Destacado (6)

Increase your customers with an effective Social Media strategy
Increase your customers with an effective Social Media strategyIncrease your customers with an effective Social Media strategy
Increase your customers with an effective Social Media strategy
 
Rivivi con noi l'evento di Oriolo Romano
Rivivi con noi l'evento di Oriolo RomanoRivivi con noi l'evento di Oriolo Romano
Rivivi con noi l'evento di Oriolo Romano
 
การผลิตและใช้สื่อการเรียนการสอนวิทยาศาสตร์ นายกอบวิทย์ พิริยะวัฒน์
การผลิตและใช้สื่อการเรียนการสอนวิทยาศาสตร์ นายกอบวิทย์ พิริยะวัฒน์การผลิตและใช้สื่อการเรียนการสอนวิทยาศาสตร์ นายกอบวิทย์ พิริยะวัฒน์
การผลิตและใช้สื่อการเรียนการสอนวิทยาศาสตร์ นายกอบวิทย์ พิริยะวัฒน์
 
Presentation braskem plus
Presentation   braskem plusPresentation   braskem plus
Presentation braskem plus
 
S&p inv grade braskem_300311
S&p inv grade braskem_300311S&p inv grade braskem_300311
S&p inv grade braskem_300311
 
Six Habits of SOCIAL Entrepreneurs
Six Habits of SOCIAL EntrepreneursSix Habits of SOCIAL Entrepreneurs
Six Habits of SOCIAL Entrepreneurs
 

Similar a Conference call presentation 2 q09 results

Braskem presentation 3_q08_20091201_en
Braskem presentation 3_q08_20091201_enBraskem presentation 3_q08_20091201_en
Braskem presentation 3_q08_20091201_enBraskem_RI
 
Braskem presentation 3_q08_20091201_en
Braskem presentation 3_q08_20091201_enBraskem presentation 3_q08_20091201_en
Braskem presentation 3_q08_20091201_enBraskem_RI
 
Conference call presentation 1 q08 results
Conference call presentation   1 q08 resultsConference call presentation   1 q08 results
Conference call presentation 1 q08 resultsBraskem_RI
 
Braskem presentation 1_q08_20091201_en
Braskem presentation 1_q08_20091201_enBraskem presentation 1_q08_20091201_en
Braskem presentation 1_q08_20091201_enBraskem_RI
 
Braskem presentation 3_q07_20091201_en
Braskem presentation 3_q07_20091201_enBraskem presentation 3_q07_20091201_en
Braskem presentation 3_q07_20091201_enBraskem_RI
 
Conference call presentation 4 q08 results
Conference call presentation   4 q08 resultsConference call presentation   4 q08 results
Conference call presentation 4 q08 resultsBraskem_RI
 
Braskem conference call_presentation_4_q08_results
Braskem conference call_presentation_4_q08_resultsBraskem conference call_presentation_4_q08_results
Braskem conference call_presentation_4_q08_resultsBraskem_RI
 
Braskem 2 q08_cc_presentation_eng
Braskem 2 q08_cc_presentation_engBraskem 2 q08_cc_presentation_eng
Braskem 2 q08_cc_presentation_engBraskem_RI
 
Conference call presentation 2 q08 results
Conference call presentation   2 q08 resultsConference call presentation   2 q08 results
Conference call presentation 2 q08 resultsBraskem_RI
 
Braskem 2 q08_cc_presentation_eng
Braskem 2 q08_cc_presentation_engBraskem 2 q08_cc_presentation_eng
Braskem 2 q08_cc_presentation_engBraskem_RI
 
WEG 1Q09 Earnings Conference Call
WEG 1Q09 Earnings Conference CallWEG 1Q09 Earnings Conference Call
WEG 1Q09 Earnings Conference CallWEG
 
Merrill Lynch Banking & Financial Services Conference
Merrill Lynch Banking & Financial Services ConferenceMerrill Lynch Banking & Financial Services Conference
Merrill Lynch Banking & Financial Services Conferencefinance2
 
Credit suisse global steel & mining conference, 22 23 сентября 2010
Credit suisse global steel & mining conference, 22 23 сентября 2010Credit suisse global steel & mining conference, 22 23 сентября 2010
Credit suisse global steel & mining conference, 22 23 сентября 2010evraz_company
 
Credit Suisse 16th Annual Chemical Conference
	Credit Suisse 16th Annual Chemical Conference 	Credit Suisse 16th Annual Chemical Conference
Credit Suisse 16th Annual Chemical Conference finance10
 
dover C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909
dover C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909dover C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909
dover C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909finance30
 
dover C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909
dover  C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909dover  C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909
dover C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909finance30
 
northrop grumman Q3 08 Earnings Presentation
northrop grumman	Q3 08 Earnings Presentationnorthrop grumman	Q3 08 Earnings Presentation
northrop grumman Q3 08 Earnings Presentationfinance8
 
northrop grumman Slide Presentation 2008 3rd
northrop grumman  Slide Presentation 2008 3rdnorthrop grumman  Slide Presentation 2008 3rd
northrop grumman Slide Presentation 2008 3rdfinance8
 
northrop grumman Slide Presentation 2007 3rd
northrop grumman  Slide Presentation 2007 3rdnorthrop grumman  Slide Presentation 2007 3rd
northrop grumman Slide Presentation 2007 3rdfinance8
 
Sintex ru2 qfy2011-121010
Sintex ru2 qfy2011-121010Sintex ru2 qfy2011-121010
Sintex ru2 qfy2011-121010Angel Broking
 

Similar a Conference call presentation 2 q09 results (20)

Braskem presentation 3_q08_20091201_en
Braskem presentation 3_q08_20091201_enBraskem presentation 3_q08_20091201_en
Braskem presentation 3_q08_20091201_en
 
Braskem presentation 3_q08_20091201_en
Braskem presentation 3_q08_20091201_enBraskem presentation 3_q08_20091201_en
Braskem presentation 3_q08_20091201_en
 
Conference call presentation 1 q08 results
Conference call presentation   1 q08 resultsConference call presentation   1 q08 results
Conference call presentation 1 q08 results
 
Braskem presentation 1_q08_20091201_en
Braskem presentation 1_q08_20091201_enBraskem presentation 1_q08_20091201_en
Braskem presentation 1_q08_20091201_en
 
Braskem presentation 3_q07_20091201_en
Braskem presentation 3_q07_20091201_enBraskem presentation 3_q07_20091201_en
Braskem presentation 3_q07_20091201_en
 
Conference call presentation 4 q08 results
Conference call presentation   4 q08 resultsConference call presentation   4 q08 results
Conference call presentation 4 q08 results
 
Braskem conference call_presentation_4_q08_results
Braskem conference call_presentation_4_q08_resultsBraskem conference call_presentation_4_q08_results
Braskem conference call_presentation_4_q08_results
 
Braskem 2 q08_cc_presentation_eng
Braskem 2 q08_cc_presentation_engBraskem 2 q08_cc_presentation_eng
Braskem 2 q08_cc_presentation_eng
 
Conference call presentation 2 q08 results
Conference call presentation   2 q08 resultsConference call presentation   2 q08 results
Conference call presentation 2 q08 results
 
Braskem 2 q08_cc_presentation_eng
Braskem 2 q08_cc_presentation_engBraskem 2 q08_cc_presentation_eng
Braskem 2 q08_cc_presentation_eng
 
WEG 1Q09 Earnings Conference Call
WEG 1Q09 Earnings Conference CallWEG 1Q09 Earnings Conference Call
WEG 1Q09 Earnings Conference Call
 
Merrill Lynch Banking & Financial Services Conference
Merrill Lynch Banking & Financial Services ConferenceMerrill Lynch Banking & Financial Services Conference
Merrill Lynch Banking & Financial Services Conference
 
Credit suisse global steel & mining conference, 22 23 сентября 2010
Credit suisse global steel & mining conference, 22 23 сентября 2010Credit suisse global steel & mining conference, 22 23 сентября 2010
Credit suisse global steel & mining conference, 22 23 сентября 2010
 
Credit Suisse 16th Annual Chemical Conference
	Credit Suisse 16th Annual Chemical Conference 	Credit Suisse 16th Annual Chemical Conference
Credit Suisse 16th Annual Chemical Conference
 
dover C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909
dover C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909dover C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909
dover C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909
 
dover C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909
dover  C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909dover  C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909
dover C5089A85-E2B8-4EF4-81EA-02E07D28EF44_Barclays_020909
 
northrop grumman Q3 08 Earnings Presentation
northrop grumman	Q3 08 Earnings Presentationnorthrop grumman	Q3 08 Earnings Presentation
northrop grumman Q3 08 Earnings Presentation
 
northrop grumman Slide Presentation 2008 3rd
northrop grumman  Slide Presentation 2008 3rdnorthrop grumman  Slide Presentation 2008 3rd
northrop grumman Slide Presentation 2008 3rd
 
northrop grumman Slide Presentation 2007 3rd
northrop grumman  Slide Presentation 2007 3rdnorthrop grumman  Slide Presentation 2007 3rd
northrop grumman Slide Presentation 2007 3rd
 
Sintex ru2 qfy2011-121010
Sintex ru2 qfy2011-121010Sintex ru2 qfy2011-121010
Sintex ru2 qfy2011-121010
 

Más de Braskem_RI

Brasken 1Q15 Presentation English
Brasken 1Q15 Presentation EnglishBrasken 1Q15 Presentation English
Brasken 1Q15 Presentation EnglishBraskem_RI
 
Brasken Apresentação 1T15 Português
Brasken Apresentação 1T15 PortuguêsBrasken Apresentação 1T15 Português
Brasken Apresentação 1T15 PortuguêsBraskem_RI
 
Conf call 4t14_eng_120215
Conf call 4t14_eng_120215Conf call 4t14_eng_120215
Conf call 4t14_eng_120215Braskem_RI
 
Conf call 4t14_port 120215
Conf call 4t14_port 120215Conf call 4t14_port 120215
Conf call 4t14_port 120215Braskem_RI
 
Conf call 3t14_port 061114 revisado
Conf call 3t14_port 061114 revisadoConf call 3t14_port 061114 revisado
Conf call 3t14_port 061114 revisadoBraskem_RI
 
Conf call 3t14_eng 061114 revisada
Conf call 3t14_eng 061114 revisadaConf call 3t14_eng 061114 revisada
Conf call 3t14_eng 061114 revisadaBraskem_RI
 
Conf call 2q14_eng_070814 17h
Conf call 2q14_eng_070814 17hConf call 2q14_eng_070814 17h
Conf call 2q14_eng_070814 17hBraskem_RI
 
Conf call 2t14_port_070814
Conf call 2t14_port_070814Conf call 2t14_port_070814
Conf call 2t14_port_070814Braskem_RI
 
Conf call 1q14_ eng
Conf call 1q14_ engConf call 1q14_ eng
Conf call 1q14_ engBraskem_RI
 
Conf call 1t14_port
Conf call 1t14_portConf call 1t14_port
Conf call 1t14_portBraskem_RI
 
Conf call 4t13_140213_eng
Conf call 4t13_140213_engConf call 4t13_140213_eng
Conf call 4t13_140213_engBraskem_RI
 
Conf call 4t13_140213_port
Conf call 4t13_140213_portConf call 4t13_140213_port
Conf call 4t13_140213_portBraskem_RI
 
Conf call 3q13_eng
Conf call 3q13_engConf call 3q13_eng
Conf call 3q13_engBraskem_RI
 
Teleconferência de Resultados 3T13
Teleconferência de Resultados 3T13Teleconferência de Resultados 3T13
Teleconferência de Resultados 3T13Braskem_RI
 
Conf call 2t13_cvm
Conf call 2t13_cvmConf call 2t13_cvm
Conf call 2t13_cvmBraskem_RI
 
Conf call 2q13_cvm
Conf call 2q13_cvmConf call 2q13_cvm
Conf call 2q13_cvmBraskem_RI
 
Conf call 1t13_10052013_eng
Conf call 1t13_10052013_engConf call 1t13_10052013_eng
Conf call 1t13_10052013_engBraskem_RI
 
Conf call 1t13_10052013
Conf call 1t13_10052013Conf call 1t13_10052013
Conf call 1t13_10052013Braskem_RI
 
Presentation 4Q12
Presentation 4Q12Presentation 4Q12
Presentation 4Q12Braskem_RI
 
Apresentação 4T12
Apresentação 4T12Apresentação 4T12
Apresentação 4T12Braskem_RI
 

Más de Braskem_RI (20)

Brasken 1Q15 Presentation English
Brasken 1Q15 Presentation EnglishBrasken 1Q15 Presentation English
Brasken 1Q15 Presentation English
 
Brasken Apresentação 1T15 Português
Brasken Apresentação 1T15 PortuguêsBrasken Apresentação 1T15 Português
Brasken Apresentação 1T15 Português
 
Conf call 4t14_eng_120215
Conf call 4t14_eng_120215Conf call 4t14_eng_120215
Conf call 4t14_eng_120215
 
Conf call 4t14_port 120215
Conf call 4t14_port 120215Conf call 4t14_port 120215
Conf call 4t14_port 120215
 
Conf call 3t14_port 061114 revisado
Conf call 3t14_port 061114 revisadoConf call 3t14_port 061114 revisado
Conf call 3t14_port 061114 revisado
 
Conf call 3t14_eng 061114 revisada
Conf call 3t14_eng 061114 revisadaConf call 3t14_eng 061114 revisada
Conf call 3t14_eng 061114 revisada
 
Conf call 2q14_eng_070814 17h
Conf call 2q14_eng_070814 17hConf call 2q14_eng_070814 17h
Conf call 2q14_eng_070814 17h
 
Conf call 2t14_port_070814
Conf call 2t14_port_070814Conf call 2t14_port_070814
Conf call 2t14_port_070814
 
Conf call 1q14_ eng
Conf call 1q14_ engConf call 1q14_ eng
Conf call 1q14_ eng
 
Conf call 1t14_port
Conf call 1t14_portConf call 1t14_port
Conf call 1t14_port
 
Conf call 4t13_140213_eng
Conf call 4t13_140213_engConf call 4t13_140213_eng
Conf call 4t13_140213_eng
 
Conf call 4t13_140213_port
Conf call 4t13_140213_portConf call 4t13_140213_port
Conf call 4t13_140213_port
 
Conf call 3q13_eng
Conf call 3q13_engConf call 3q13_eng
Conf call 3q13_eng
 
Teleconferência de Resultados 3T13
Teleconferência de Resultados 3T13Teleconferência de Resultados 3T13
Teleconferência de Resultados 3T13
 
Conf call 2t13_cvm
Conf call 2t13_cvmConf call 2t13_cvm
Conf call 2t13_cvm
 
Conf call 2q13_cvm
Conf call 2q13_cvmConf call 2q13_cvm
Conf call 2q13_cvm
 
Conf call 1t13_10052013_eng
Conf call 1t13_10052013_engConf call 1t13_10052013_eng
Conf call 1t13_10052013_eng
 
Conf call 1t13_10052013
Conf call 1t13_10052013Conf call 1t13_10052013
Conf call 1t13_10052013
 
Presentation 4Q12
Presentation 4Q12Presentation 4Q12
Presentation 4Q12
 
Apresentação 4T12
Apresentação 4T12Apresentação 4T12
Apresentação 4T12
 

Último

NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...Amil baba
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasCherylouCamus
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...AES International
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfshaunmashale756
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Devarsh Vakil
 
PMFBY , Pradhan Mantri Fasal bima yojna
PMFBY , Pradhan Mantri  Fasal bima yojnaPMFBY , Pradhan Mantri  Fasal bima yojna
PMFBY , Pradhan Mantri Fasal bima yojnaDharmendra Kumar
 
212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technology212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technologyz xss
 
Tenets of Physiocracy History of Economic
Tenets of Physiocracy History of EconomicTenets of Physiocracy History of Economic
Tenets of Physiocracy History of Economiccinemoviesu
 
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...Amil baba
 
Economics, Commerce and Trade Management: An International Journal (ECTIJ)
Economics, Commerce and Trade Management: An International Journal (ECTIJ)Economics, Commerce and Trade Management: An International Journal (ECTIJ)
Economics, Commerce and Trade Management: An International Journal (ECTIJ)ECTIJ
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...Amil baba
 
(中央兰开夏大学毕业证学位证成绩单-案例)
(中央兰开夏大学毕业证学位证成绩单-案例)(中央兰开夏大学毕业证学位证成绩单-案例)
(中央兰开夏大学毕业证学位证成绩单-案例)twfkn8xj
 
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Amil baba
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfHenry Tapper
 
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书rnrncn29
 
Managing Finances in a Small Business (yes).pdf
Managing Finances  in a Small Business (yes).pdfManaging Finances  in a Small Business (yes).pdf
Managing Finances in a Small Business (yes).pdfmar yame
 
Vp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppVp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppmiss dipika
 
Financial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxFinancial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxsimon978302
 
Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Sonam Pathan
 

Último (20)

NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
 
The Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng PilipinasThe Core Functions of the Bangko Sentral ng Pilipinas
The Core Functions of the Bangko Sentral ng Pilipinas
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...
 
government_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdfgovernment_intervention_in_business_ownership[1].pdf
government_intervention_in_business_ownership[1].pdf
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024
 
Q1 2024 Newsletter | Financial Synergies Wealth Advisors
Q1 2024 Newsletter | Financial Synergies Wealth AdvisorsQ1 2024 Newsletter | Financial Synergies Wealth Advisors
Q1 2024 Newsletter | Financial Synergies Wealth Advisors
 
PMFBY , Pradhan Mantri Fasal bima yojna
PMFBY , Pradhan Mantri  Fasal bima yojnaPMFBY , Pradhan Mantri  Fasal bima yojna
PMFBY , Pradhan Mantri Fasal bima yojna
 
212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technology212MTAMount Durham University Bachelor's Diploma in Technology
212MTAMount Durham University Bachelor's Diploma in Technology
 
Tenets of Physiocracy History of Economic
Tenets of Physiocracy History of EconomicTenets of Physiocracy History of Economic
Tenets of Physiocracy History of Economic
 
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
NO1 Certified Amil Baba In Lahore Kala Jadu In Lahore Best Amil In Lahore Ami...
 
Economics, Commerce and Trade Management: An International Journal (ECTIJ)
Economics, Commerce and Trade Management: An International Journal (ECTIJ)Economics, Commerce and Trade Management: An International Journal (ECTIJ)
Economics, Commerce and Trade Management: An International Journal (ECTIJ)
 
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
NO1 WorldWide Love marriage specialist baba ji Amil Baba Kala ilam powerful v...
 
(中央兰开夏大学毕业证学位证成绩单-案例)
(中央兰开夏大学毕业证学位证成绩单-案例)(中央兰开夏大学毕业证学位证成绩单-案例)
(中央兰开夏大学毕业证学位证成绩单-案例)
 
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
 
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdfBPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
BPPG response - Options for Defined Benefit schemes - 19Apr24.pdf
 
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
 
Managing Finances in a Small Business (yes).pdf
Managing Finances  in a Small Business (yes).pdfManaging Finances  in a Small Business (yes).pdf
Managing Finances in a Small Business (yes).pdf
 
Vp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsAppVp Girls near me Delhi Call Now or WhatsApp
Vp Girls near me Delhi Call Now or WhatsApp
 
Financial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxFinancial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptx
 
Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713
 

Conference call presentation 2 q09 results

  • 2. Forward-looking Statements This presentation contains forward-looking statements. These statements do not represent historical fact, but rather reflect the beliefs and expectations of Braskem’s management. The words “anticipate”, “wish”, “expect”, “estimate”, “intend”, “forecast”, “plan”, “predict”, “project”, “target” and similar words are intended to identify these statements. Although Braskem believes that the expectations and assumptions reflected in these forward-looking statements are reasonable and based on information currently available to management, Braskem cannot guarantee future results or events. The forward-looking statements in this presentation are valid only on the date they are made (June 30, 2009) and the Company does not assume any obligation to update them in light of new information or future developments. Braskem is not responsible for any transaction or investment decision taken based on the information in this presentation. 2
  • 3. Global Scenario • Oil price influenced by reduced supply and financial market movements • Petrochemical prices recovery in the international market: • Asian demand acceleration • Supply restriction in the region • Stronger demand for gasoline (US driving season) and aromatics • Delays in the startup of new capacities in the Middle East • 12 MM tons of ethylene capacity lost in USA and Europe in 2009 • Financial sector upturn is unsure • Downturn cycle can last until 2011 3
  • 4. Regional Scenario • Braskem plants operating at full capacity • Braskem’s Inventories at normal levels • Increased demand for thermoplastic resins in the Brazilian market: • Government incentives for automotive and white goods • Agribusiness and construction industries signaling a recovery in 2H09 • Reduced volumes of imported resins and manufactured goods • Inventories levels in the chain are still low • Sales volume recovery for Mercosur, Bolivia and Andean countries 4
  • 5. 2Q09 Highlights Operating Performance: . Net revenue reaches R$ 3.7 billion, 13% up on 1Q09, with sales recovery in the domestic market and prices retrieval in the exports market . EBITDA reaches R$ 566 million, with 15.3% margin . Net income grows R$ 1,146 million over 1Q09: exchange appreciation and upturn in profitability Strategic Actions: . Merger of Petroquímica Triunfo . Startup of ETBE plant in the Camaçari Petrochemical Complex: + 210 kt Achievements: . Raising of R$ 250 million through a receivables-backed investment fund (FIDC) with weighted remuneration of CDI + 1.85% p.a. . SG&A reduction reaches R$ 50 million in the first six months of 2009 5
  • 6. Brazilian market showing significant evolution Domestic Sales 1Q09 x 2Q09 % Resins Market Share 2Q09 55% Imports 19% 29% 27% 53% 16% 18% 28% Others PE’s PP PVC Total Brazilian Resinas Market * * Braskem estimates: Domestic sales + imports Source: Braskem 6
  • 7. EBITDA Higher basic petrochemicals prices and sales volume overcome exchange appreciation and raw material cost increase R$ million FX Impact 247 on Costs FX Impact on Revenue (334) 539 65 ( 232 ) ( 96 ) 566 457 ( 87 ) ( 57 ) ( 24 ) EBITDA Price Volume Raw Others FX Other Costs + EBITDA 1Q09 Material PIS/ Variable SG&A 2Q09 COFINS Costs 7 Source: Braskem
  • 8. EBITDA Positive FX impact, COGS gains and increased sales volume offset lower resin prices R$ million FX Impact 1,171 on Revenue FX Impact on Costs (890) 280 111 36 23 407 1,661 557 566 (2,509) EBITDA Raw Other FX Volume Others Costs + Price EBITDA 2Q08 material Variable SG&A 2Q09 Costs 8 Source: Braskem
  • 9. Comfortable cash position, covering over 2 years of debt amortization R$ Million (06/30/09) Gross Debt: Debt: 10,583 Net Debt / Ebitda (x) R$ Net Debt / Ebitda (x) US$ Net Debt: Debt: 7,347 Average Term: 10.1 years Term: 3.97 -20% 6% 3.16 3.25 3.43 67% of the debt are pegged to the USD 3,236 Mar 09 Jun 09 Mar 09 Jun 09 1,468 PFICO 15% 13% 13% 12% 11% 11% 10% 9% 1,768 610 1,617 6% 1,326 1,288 1,209 1,372 1,091 976 526 615 06/30/09 2009 2010 2011 2012 2013 2014/ 2016/ 2018/ 2020 onwards 2015 2017 2019 In US$ Value related to the loan granted by a Petrobras subsidiary for the In R$ delisting of Copesul, due in October 2009. Source: Braskem 9
  • 10. Focus Continuous strengthening of long-term relationship with Clients Priority over financial health and liquidity Productivity Program: cost reduction Support the sustainability of the Brazilian petrochemical chain Construction of the Green PE plant Projects in Venezuela Analysis of opportunities arising from crisis: selective acquisitions in North America Operational renewal: over 500 employees by 2011 Greater operational and financial strength 10