Institutional Presentation
October 2021
SIMPAR overview
Active holding that controls and manages six independent companies operating in the rental, logistics, mobility, concessions and financial services sectors, focused on long-term contracts
SIMPAR Group
71.9% | 63.0% | 71.9% | 100.0% | 100.0% | 100.0% | |
Evolution
2015 | 2Q21 | |||||||||||
Structure | 1 company | Holding + 6 independent companies, | ||||||||||
listed | 4 of which are listed companies | |||||||||||
Management | Centralized | CEOs, CFOs and directors aligned, with | ||||||||||
long-term incentives and exclusive focus | ||||||||||||
Management | ||||||||||||
on each of their businesses | ||||||||||||
Boards | 1 board of | 4 boards of directors with 8 independent | ||||||||||
directors | members 17 committees | |||||||||||
Total Fleet | ||||||||||||
84 k | 193 k |
Main numbers
2T21 LTM | |
Net Revenue | EBITDA |
R$ 11.0 bn | +2x vs 2015 | R$ 3.1 bn | +3x vs 2015 |
Consolidated Net Income | Controlling Net Income |
R$ 910 mn | +19x vs 2015 | R$ 598 mn | +13x vs 2015 |
Net Capex | Market Cap¹ |
R$ 5.1 bn | +4x vs 2015 | R$ 11.7 bn | +7x vs 2015 |
Note: (1) Market value updated on 10/15/2021 |
SIMPAR - Direct, control and, if necessary, support the execution of the business plans
Free Other² Float
22.1% 6.0%
71.8%
Free Other¹ Float
36.7% 0.3%
63.0%
JSP
Free Float | Simões Family | Other¹ |
Holding Company | ||
27.7% | 56.2% | 16.1% |
SIMH3
2Q21 LTM
(R$ mn) | Holding | Consolidated | ||
Net Revenue | - | 11,022 | ||
EBITDA | - | 3,054 | ||
Net Income | - | 910 | ||
Net Debt | 2,161 | 10,782 | ||
Net Capex | - | 5,072 | ||
Net Debt/EBITDA | - | 3.3x | ||
Market Cap³ | - | 11,730 | ||
Free | Other¹ | |||
Float | ||||
27.3% | 0.8% | |||
71.9% | 100.0% |
SIMPAR was created from the corporate reorganization of JSL, creating value for shareholders by simplifying its structure
100.0% | 100.0% |
Leader in road logistics
services in Brazil
(R$ mn) | 2Q21 LTM |
Net Revenue | 3,342 |
EBITDA | 579 |
Net Income | 183 |
Net Debt | 1,931 |
Net Capex | 151 |
Net Debt/EBITDA | 2.7x |
Total Mkt Cap3 | 2,628 |
SIMPAR Stake | 1,902 |
JSLG3
Car Rental - Light Vehicles
(R$ mn) | 2Q21 LTM |
Net Revenue | 4,043 |
EBITDA4 | 1,211 |
Net Income4 | 459 |
Net Debt | 3,728 |
Net Capex | 2,351 |
Net Debt/EBITDA | 2.9x |
Total Mkt Cap3 | 6,508 |
SIMPAR Stake | 4,108 |
MOVI3
Rent and sale of Trucks, | Portfolio of brownfield concessions | Authorized dealerships of light | Leasing, Freight Payment and | ||||
Machinery and Equipment | focused on long-term services | vehicles | Financial Services | ||||
(R$ mn) | 2Q21 LTM | (R$ mn) | 2Q21 LTM | (R$ mn) | 2Q21 LTM | (R$ mn) | 2Q21 LTM |
Net Revenue | 2,074 | Net Revenue | 984 | Net Revenue | 713 | Net Revenue | 44 |
EBITDA | 805 | EBITDA | 358 | EBITDA | 60 | EBITDA | 16 |
Net Income | 277 | Net Income | 97 | Net Income | 25 | Net Income | 6 |
Net Debt | 1,910 | Net Debt | 1,064 | Net Debt | -84 | Net Debt | -29 |
Net Capex | 1,522 | Net Capex | 839 | Net Capex | 1 | Net Capex | 0 |
Net Debt/EBITDA | 2.4x | Net Debt/EBITDA | 3.0x | Net Debt/EBITDA | n.a. | Net Debt/EBITDA | n.a. |
Total Mkt Cap3 | 15,484 | ||||||
SIMPAR Stake | 11,229 |
VAMO3
Notes: (1) Shares directly held by individuals in the Simões Family, Directors and Treasury Shares; (2) Shares directly held by individuals in the Simões Family, Directors, Treasury Shares and JSP Holding; (3) Updated in 10/15/21; (4) Disregards | |
the reversal of impairment realized in 4Q20 by Movida | |
Results Transformation after large investments made in companies with solid management model and focus on value creation
Consolidated Net Income of R$392 million and Controlling Income of R$267 million in 2Q21
Minority Profit | 189 | |
Controlling Profit / SIMPAR | 17 | 58 |
131 | ||
1,422
4.5x | 2.7x | 460 |
522 | ||
313 | 139 | 962 |
37 |
276 | 383 |
2017 | 2018 | 2019 | 2020 | 2Q21 Annualized¹ |
Note: (1) Does not annualize non-recurring income referring to the net effect of tax credits in the amount of R$48.3 million | 4 |
Unique and differentiated position to ensure sustainable performance of our subsidiaries
VALUES PRESENT IN OUR DNA
DEVOTION TO SERVE
PEOPLE
OWNER ATTITUDE
SIMPLICITY
SUSTAINABILITY | PROFIT |
SIMPAR'S MAIN OBJECTIVES
Governance with Agility
Management model that ensures the Group's long-term
viability,preserving its culture and governance practices
Motivated people, with training, development and retention being the greatest differential of all our businesses
Differentiated alliancewith our customers through a diversified service portfolio and cross-selling
Ensure the execution of the business plansdefined by the boards, evaluating opportunities within the segments or through diversification into new businesses
Sustainable value generationfor shareholders, customers, society and our people
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
Simpar SA published this content on 20 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2021 14:00:07 UTC.