Petrobras Distribuidora S A : Investor Day Presentation
September 01, 2021 at 08:42 am EDT
Share
Equity Story Vibra
Energy
Transition
Vibra
Follow On
Corporation
Turnaround
Follow On
State BR
Privatization
Privatization
(BR Estatal)
Success in follow-on completes VIBRA's path to becoming a corporation
Follow-On 2021
R$ 23 Bil in
investor demand, 2x the available lot
+100 investors participated in the offer,
with 5 placing orders >R$1B
Highest offer
of shares in Brazil in 2021 up to now
True Corporation after Follow-On 2021
+40%
foreign shareholder base
28.75%
71.25%
62.5%
37.5%
100%
0%
Free float
Free float
Free float
@ IPO
@ Follow-on 2019
@ Follow-on 2021
Continuous increase in liquidity
TOP 20
most traded companies
on Bovespa, above competitors
Volume (MM shares)
Amount Traded (R$MM)
Pre-Follow on
30 days before Follow
After Follow on
Pre-Follow
30 days before
After Follow
Follow on 2021
2019
on 2021
2021
on 2019
on 2021
Total Shares %
43%
57%
NacioNational
EstrangeiroForeigner
Qty. of Shareholders
2,621
67,963
PessoaIndividualsFísica
PessoaCompaniesJurídica
EBITDA
EBITDA
LTM (2T21)
UNIT (2T21)
+R$4.6B +R$115/m³
Vibra has closed an
Vibra Ebitda with robust
efficiency gap and now
growth
has the largest unitary
in recent years
Ebitda margin in the
market
NET DEBT/
EBITDA (AUG 21)
1.6x
Room for expansion with greater leverage
MARKET SHARE
(JUN 21)
28.9%
Absolute leader in the Brazilian market
Vibra has posted consistent results,
with vibrant Ebitda growth and low leverage
Adjusted Ebitda LTM
Unit expenses
Ebitda Margin
Net Debt/Ebitda
(R$B)
(R$/m³)
(R$/m³)
Space for organic
Max approved:
+24%
-39%
+55%
expansion and M&A
2.5x
4.6
3.7
Previous max leverage:
3.1
3.2
1.5x
1.4
1.4
1.3
2.6
1.2
0.9
2017
2018
2019
2020
1H21
2017
2018
2019
2020
1H21
2017
2018
2019
2020
1H21
2017
2018
2019
2020
1H21
VIBRA HAS NOT ONLY CLOSED THE EFFICIENCY GAP OF THE PAST,
BUT HAS BECOME A BENCHMARK
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Petrobras Distribuidora SA published this content on 01 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 September 2021 12:41:02 UTC.
Vibra Energia SA, formerly known as Petrobras Distribuidora SA, is a Brazil-based company, engaged in the domestic distribution of oil products. The Company's activities are divided into five segments: Gasoline Stations Network, engaged in operating a network of branded service stations (Company-owned or franchised) that market petroleum-derived fuels, lubricants, natural gas for vehicles, biofuel and convenience products; Business-to-Business (B2B), which provides fuels, lubricants, and associated products and services to governments, transportation companies, thermal power plants, retail dealers and other industrial and commercial customers; Aviation Market, which supplies aviation products and services to Brazilian airport facilities; Energy, focused on the trade and distributed generation of energy; and Corporate, covering corporate financial management.