Q2 & 6 Months 2006 Results Presentation August 10, 2006
|
|
- Iris Brown
- 5 years ago
- Views:
Transcription
1 Q2 & 6 Months 2006 Results Presentation August 10, 2006
2 Forward Looking Statements "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 This presentation contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of These forward-looking statements are based on management's current expectations and observations. Included among the factors that, in the company's view, could cause actual results to differ materially from the forward looking statements contained in this press release are the following: changes in demand a material decline or prolonged weakness in rates in the shipping market changes in rules and regulations applicable to the shipping industry, including, without limitation, legislation adopted by international organizations such as the International Maritime Organization and the European Union or by individual countries actions taken by regulatory authorities changes in trading patterns significantly impacting overall vessel tonnage requirements changes in the typical seasonal variations in charter rates increases in costs including without limitation: changes in production of or demand for oil and petroleum products, generally or in particular regions crew wages, insurance, provisions, repairs and maintenance changes in general domestic and international political conditions changes in the condition of the company's vessels or applicable maintenance or regulatory standards (which may affect, among other things, the company's anticipated drydocking or maintenance and repair costs) and other factors listed from time to time in the company's filings with the Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K for the period ended December 31, 2005 and its subsequent reports on Form 10-Q and Form 8-K Page 2
3 Q2 2006: Major Highlights Increased total cargo carried by 47% and time charter days by 25% - marginal decrease of 2.5% in revenues (over Q2 2005) Absorbed reduction in freight rates per ton of 32%, reduction in daily time charter-out hire rates of 28% and increase in fuel costs of 47% per metric ton (over Q2 2005), and port congestion, higher drydockings and vessel repositioning Strong operational performance during continued market weakness in Q demonstrates the stability of our business model and our ability to adapt our bulk business to the evolving needs of our clients Acquired 1 vessel during the month of May 2006 expanding the controlled fleet to 32 vessels Reduced long term debt by an additional $ 8.7 million maintained moderate net debt to capitalization ratio of 34% Entered into a new $ 140 million facility refinancing existing indebtedness and providing flexibility for further growth Page 3
4 Q Operating & Financial Highlights In million $ (except EPS & share numbers) Q Q Q 2006/Q 2005 Voyage Revenues % Time Charter Revenues % Other Revenues.4.0 Total Revenues % Net Income % EBITDA (*1) % EPS diluted (*2) $0.23 $ % Weighted Average Common Shares 28,088,310 20,555,063 7,533,247 (*1) non-gaap financial measure. A reconciliation of EBITDA to Net Income is provided on page 11. (*2) EPS for Q would have been $ 0.27 without the $ 1.1 million charge for business re-engineering fees incurred in Q This re-engineering project will end during Q4 of Page 4
5 Q Revenue Metrics VOYAGE REVENUES Q Q /2005 Average number of vessels % Freight Voyage Days 1,866 1, % Freight Rates per ton (1) -For all cargoes -Excluding Aggregates $ $ $ $ % -16% -Total tons of cargo shipped -Tons of cargo shipped excluding aggregates 1,033, , , , % +11 % (1) Weighted Average freight rates TIME CHARTER REVENUES Q Q /2005 Average number of vessels % Time Charter Days 1, % Daily Charter-Out Hire Rate $ 13,179 $ 18,258-28% Page 5
6 Six Months 2006 Operating & Financial Highlights In million $ (except EPS & share numbers) Six Months 2006 Six Months 2005 Six Months 2006/2005 Voyage Revenues % Time Charter Revenues % Other Revenues Total Revenues % Net Income % EBITDA (*1) % EPS diluted (*2) $0.49 $ % Weighted Average Common Shares 28,088,310 20,470,887 7,617,423 (*1) non-gaap financial measure. A reconciliation of EBITDA to Net Income is provided on page 11. (*2) EPS for Six Months 2006 would have been $ 0.53 without the $ 1.1 million charge for re-engineering fees incurred in Q This re-engineering project will end during Q4 of Page 6
7 Six Months 2006 Revenue Metrics VOYAGE REVENUES Six Months 2006 Six Months 2005 Six Months 2006/2005 Average number of vessels % Freight Voyage Days 3,897 3, % Freight Rates per ton (1) -For all cargoes -Excluding Aggregates $ $ $ $ % -17% -Total tons of cargo shipped -Tons of cargo shipped excluding aggregates 2,063,708 1,747,089 1,468,613 1,452, % +20 % (1) Weighted Average freight rates TIME CHARTER REVENUES Six Mos Six Mos Six Mos. 2006/2005 Average number of vessels % Time Charter Days 2,162 1, % Daily Charter-Out Hire Rate $ 13,412 $ 18,935-29% Page 7
8 Fleet Development Controlled Vessels at period end Chartered Vessels at period end On May 2, 2006 TBS took delivery of the M/V Aztec Maiden increasing our controlled fleet to 32 vessels On August 8, 2006 TBS agreed to sell M/V Dakota Belle, a 1977 built multipurpose tweendecker with expected delivery in September 2006 Business first fleet second growth strategy Focus on multipurpose tweendeckers and handysize bulk carriers Page 8
9 Consolidated Balance Sheet Highlights In million $ Cash and Equivalents Vessels, net Total Assets Total Debt (including current portion) Capital Leases (including current portion) Shareholders Equity Net Debt/Total Capitalization 6/ % 12/ % Page 9
10 New Credit Facility New $ 140 million credit facility led by Bank of America (July 31, 2006) Refinance existing indebtedness working capital additional vessel acquisitions $ 75 million self amortizing term loan with a 4 year term and $ 65 million revolving credit facility Consolidation of indebtedness under one facility better terms and more flexibility ability to execute our growth strategy Page 10
11 EBITDA Reconciliation EBITDA Reconciliation In million $ Net Income Net interest expense Depreciation Three Months Ended June 30, 2006 $ $ Six Months Ended June 30, $13.7 $ EBITDA $15.8 $19.7 $32.4 $39.9 Page 11
12 Current Environment Markets: Global shipping markets under recovery Increased demand for commodities and infrastructure materials in Asia and Latin America our core markets Global boom in energy and construction projects around the world generating increased demand for shipping tonnage TBS: Increased volume of business in our core markets Improved freight rate environment Business re-engineering and optimization study In the 6M 2006, we grew our business, maintained our market share, expanded our fleet, developed new business opportunities & maintained moderate leverage Page 12
13 Appendix APPENDIX Page 13
14 TBS: A Unique & Growing Shipping Franchise We provide complete transportation solutions to our customers globally A mixture of tariff based liner, parcel, and bulk transportation services focusing on non-containerized cargoes Long standing position in our core markets of Latin America and Asia Regularly scheduled liner / parcel services in many of our markets supplemented by time charters to our customers Focus on multipurpose tweendeckers and handysize bulk carriers Moderate leverage Prudent growth after careful research and testing of new market opportunities Our business model differentiates us from traditional drybulk operators Page 14
15 Our Trade Routes 5 Trade Routes TBS Pacific Service operates eastbound and westbound liner and parcel services from East Asia to the West or North coasts of South America. TBS Latin America Service operates sailings between the East and West Coasts of South America. TBS North America Service operates bulk cargo services between South America and North America. TBS Ocean Carriers offers shipping solutions worldwide on a customer-by-customer basis including sailings from Brazil to the West Coast of Africa. TBS Middle East Carriers offers bulk service within the Middle East region within the Middle East region from ports in the United Arab Emirates (UAE) to ports in Kuwait and Qatar. Page 15
16 Global Network & Focus on Customer Relationships Professional Worldwide Staff 31 nationalities 7 full-time port captains Fully staffed agencies and representative offices on 5 continents Seoul Tokyo Shanghai New York Hamilton Mexico City Dominican Republic Guatemala Caracas San Jose Bogota Quito Guayaquil Lima La Paz Sao Paulo Rio De Janeiro Santiago Buenos Aires Hamburg London Lagos Page 16
17 TBS Revenue Mix Well-balanced customer and cargo base By Cargo By Geography By Customer Size $180 $160 $140 $120 $100 $80 $60 $40 $20 $180 $160 $140 $120 $100 $80 $60 $40 $20 $180 $160 $140 $120 $100 $80 $60 $40 $20 $0 $ Steel Products Concentrates Brazil Other Latin America Fertilizers Bulk Cargo Japan USA Agricultural Products General Cargo Korea China Other Rest of World Note: Revenue breakdowns apply to freight revenue only. ($ millions) Page 17 $ % and Greater 3.0% - 4.9% 1.0% - 2.9% Less than 1.0%
18 Our Growth & Business Development Philosophy We develop long-term business relationships based on providing full service transportation solutions Our long-term business growth strategy is to continue solidifying and expanding our franchise business while researching and developing new growth opportunities We grow our fleet in response to the growth in our business (a business first fleet second strategy) New growth opportunities are identified and tested primarily with chartered vessels Balanced revenue sources create a sustainable business model Capital retention and low leverage provide financial flexibility Page 18
19 Fleet Fundamentals Smaller Fleet Strategy Fleet of 20 Multi-Purpose Tweendeckers (17,300 37,400 dwt) uniquely able to fulfill our mission Fleet of 12 Handysize Bulk Carriers (35,000 45,500 dwt) complements our Tweendeckers Why our vessels work for us and our customers Project Cargo NY001M2F_Co rel\ boat_sand.cdr Steel Coils Bulk Optimal cargo capacity for our markets Retractable Tweendeck Self-loading / self-discharging 10 cbm grabs Accommodates multiple cargo types Retractable Tweendeck optimizes floor space and cargo flexibility Project Cargo Steel Coils Construction Equipment Pipes Tractors Generators Paper Steel Plates Wire Rods Bulldozers Page 19
20 Contacts Visit our website at Company Contact: Ferdinand V. Lepere Executive Vice President and Chief Financial Officer TBS International Limited Tel Investor Relations/Media: Nicolas Bornozis Capital Link, Inc., New York Tel Page 20
Wan Hai Lines Q1 Update. Laura Su HSBC Taiwan Executive Forum May. 24, 2017
Wan Hai Lines 2017 Q1 Update Laura Su HSBC Taiwan Executive Forum May. 24, 2017 General Overview Global Service Network 86 Operated Vessels Total Capacity of 224,177 TEUs 3 Intra-Asia Services 28 Dedicated
More informationSEACOR SMIT ANNOUNCES FOURTH QUARTER RESULTS
February 26, 2004 SEACOR SMIT ANNOUNCES FOURTH QUARTER RESULTS HOUSTON--(BUSINESS WIRE)--Feb. 26, 2004--SEACOR SMIT Inc. (NYSE:CKH) announced a net loss for the fourth quarter ended December 31, 2003 of
More informationThe Shipping Industry
The Shipping Industry G.Skrimizeas Athens University of Economics and Business Page 1 The Shipping Industry Represents 90% of world trade Reflects world economy In 2016, about 10.000 millιon tonnes of
More informationPresentation to Investors
Presentation to Investors September 2015 Rand Logistics, Inc. NASDAQ: RLOG Forward-Looking Statements This presentation contains forward-looking statements. For all forward-looking statements, we claim
More informationScrubber Initiative 5 September 2018
Scrubber Initiative 5 September 2018 Disclaimer This presentation contains certain statements that may be deemed to be forward-looking statements within the meaning of Section 27A of the Securities Act
More informationVeriFone Files Restated Reports
VeriFone Files Restated Reports SAN JOSE, Calif. -- August 19, 2008 --VeriFone Holdings Inc. (NYSE: PAY) today filed its amended and restated quarterly report on Form 10-Q/A for the fiscal quarters ended
More informationCONTENTS. Welcome to AAL 5. AAL Milestones 7. Liner Services Division 8. Tramp and Projects Division 11. Cargo Profile 12. Our Fleet 15.
CONTENTS Welcome to AAL 5 AAL Milestones 7 Liner Services Division 8 Tramp and Projects Division 11 Cargo Profile 12 Our Fleet 15 Contacts 16 OUR VISION To become world leader in the provision of global
More informationStock code:2615 WAN HAI LINES 2018 Q1. Tommy Hsieh/Laura Su May. 16, 2018
Stock code:2615 WAN HAI LINES 2018 Q1 Tommy Hsieh/Laura Su May. 16, 2018 Disclaimer Intra-Asia Services The information contained in this presentation and its accompanying announcements, including content
More informationCastleton Commodities International. The Institute of Chartered Shipbrokers Dry Bulk & Commodities Conference Vancouver
The Institute of Chartered Shipbrokers Dry Bulk & Commodities Conference Vancouver 20 November 2014 Introduction to Castleton Commodities International CCI is an established global commodities merchant
More informationEnergy Aerospace & Defense Industrial. First Quarter Investor Review
Energy Aerospace & Defense Industrial First Quarter 2018 Investor Review Presented May 2, 2018 1 Safe Harbor This presentation contains forward-looking statements within the meaning of Section 27 A of
More informationNavios South American Logistics Inc. Company Presentation
Navios South American Logistics Inc. Company Presentation August 2013 Forward Looking Statements This presentation contains forward-looking statements (as defined in Section 27A of the Securities Act of
More informationGATX Corporation Investor Relations - Press Release
Investor Relations Corporate Information Stock Information Press Releases Corporate Governance SEC Filings Financial Information Fixed Income Frequently Asked Questions Home > Investor Relations > Press
More informationBusiness Performance in FY2009 and Outlook for FY2010. Mitsui O.S.K. Lines, Ltd. April 2010
Business Performance in FY2009 and Outlook for FY2010 Mitsui O.S.K. Lines, Ltd. April 2010 HP Contents FY2009 Results [Consolidated] 2 Key Points of FY2009 Full-year Results [Consolidated] 4 Results Comparison
More informationMarine Money Istanbul, 21 May Innovative Business Solution in the Current Environment: Cooperation, Transparency and Specialization
Marine Money Istanbul, 21 May 2015 Innovative Business Solution in the Current Environment: Cooperation, Transparency and Specialization 1 2 The Auerbach Concept 3 4 What Tramp Shipping means to us 5 6
More informationReconciliations of Non GAAP Financial Measures. For the Three and Six Months Ended December 31, 2012 and 2011
Reconciliations of Non GAAP Financial Measures For the Three and Six Months Ended December 31, 2012 and 2011 1 Non GAAP Metrics Disclosure The Company believes that providing both GAAP and adjusted non
More informationIndependent auditors review report to the Board of Directors of Aramex PJSC
Independent auditors review report to the Board of Directors of Aramex PJSC Introduction We have reviewed the accompanying condensed consolidated interim balance sheet of Aramex PJSC ( the Company ) and
More informationPRESS RELEASE. GE Shipping H1FY12 consolidated Net Profit at Rs cr GE Shipping H1FY12 standalone Net Profit at Rs cr
PRESS RELEASE GE Shipping H1FY12 consolidated Net Profit at Rs.189.9 cr GE Shipping H1FY12 standalone Net Profit at Rs.104.46 cr The Board of Directors of The Great Eastern Shipping Company Ltd. (G E Shipping)
More informationNavios South American Logistics Inc. Company Presentation
Navios South American Logistics Inc. Company Presentation April 2013 Forward Looking Statements This presentation contains forward-looking statements (as defined in Section 27A of the Securities Act of
More informationPresentation to GTB Shareholders February en.hnagroup.com
Presentation to GTB Shareholders February 2010 Executive Summary Who we are HNA Group is a diversified services company with over US$ 20 billion in assets and $6 bn in annual revenues Existing platform
More informationPerkinElmer Announces Financial Results for the First Quarter 2008
PerkinElmer Announces Financial Results for the First Quarter 2008 -- Revenue of $482 million, up 20% over the prior year -- EPS from continuing operations of $0.20; Adjusted EPS of $0.29, up 21% over
More information3 rd Quarter 2013 Results November 22th, 2013
3 rd Quarter 2013 Results November 22th, 2013 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of applicable federal securities laws. Such
More informationWestern New York Investors Conference
NASDAQ: CMCO Western New York Investors Conference September 26, 2014 Timothy T. Tevens President & Chief Executive Officer Gregory P. Rustowicz Vice President Finance & Chief Financial Officer 2014 by
More informationLNG Shipping: How Long Will The Good Times Last?
LNG Shipping: How Long Will The Good Times Last? Poten & Partners November 1 HOUSTON NEW YORK LONDON ATHENS SINGAPORE GUANGZHOU PERTH A GLOBAL BROKER AND COMMERCIAL ADVISOR FOR THE ENERGY AND OCEAN TRANSPORTATION
More informationMylan. Raymond James 40 th Annual Institutional Investors Conference March 05, 2019
Mylan Raymond James 40 th Annual Institutional Investors Conference March 05, 2019 Forward-Looking Statements This presentation contains forward-looking statements. These statements are made pursuant to
More informationTHOMSON REUTERS THIRD QUARTER 2008 NOVEMBER 12, 2008
THOMSON REUTERS THIRD QUARTER 2008 NOVEMBER 12, 2008 Agenda Welcome / Introduction Frank Golden Q3 2008 Headlines Market Environment Looking Ahead Tom Glocer Financial Review Bob Daleo Q & A 2 Special
More informationNavios South American Logistics Inc. Company Presentation
Navios South American Logistics Inc. Company Presentation November 2014 Forward Looking Statements This presentation contains forward-looking statements (as defined in Section 27A of the Securities Act
More informationThird Quarter Fiscal 2013 Performance June 29, Financial results and company highlights Fourth quarter and fiscal year 2013 outlook
Third Quarter Fiscal 2013 Performance June 29, 2013 Financial results and company highlights Fourth quarter and fiscal year 2013 outlook Safe Harbor Statement This presentation contains forward looking
More informationD&B's Blueprint Strategy Delivers Strong Results in 2004 First Quarter
April 21, 2004 D&B's Blueprint Strategy Delivers Strong Results in 2004 First Quarter -- EPS of $0.66 up 38 Percent on a GAAP Basis; Up 18 Percent to $0.60 Before Non-Core Gains and Charges -- Total Revenue
More information4 th Quarter Fiscal 2017 Results Conference Call August 30, 2017
4 th Quarter Fiscal 2017 Results Conference Call August 30, 2017 Forward Looking Statements and Non GAAP Financial Measures Information This presentation contains forward looking statements. Other than
More informationPRESS RELEASE. GE Shipping Q1FY13 consolidated Net Profit at Rs crs
PRESS RELEASE GE Shipping Q1FY13 consolidated Net Profit at Rs.180.99 crs The Board of Directors of The Great Eastern Shipping Company Ltd. (G E Shipping) today approved the Unaudited Financial Results
More informationInvestor Presentation February PKD (NYSE) Rig 273 Alaska
Investor Presentation February 08 PKD (NYSE) Rig 73 Alaska Forward-Looking Statements Caution The following presentation contains certain statements that may be deemed to be forwardlooking statements within
More informationVishay Precision Group
Vishay Precision Group August 2018 Safe Harbor Statement From time to time, information provided by us, including but not limited to statements in this report, or other statements made by or on our behalf,
More informationIBM 4Q 2016 Earnings. January 19, ibm.com/investor
IBM 4Q 2016 Earnings January 19, 2017 ibm.com/investor Forward Looking Statements and Non-GAAP Information 2 Certain comments made in this presentation may be characterized as forward looking under the
More informationSolid activity levels Robust business development model
3 rd quarter Solid activity levels Robust business development model Paris, October 26, Pierre Dufour, Senior Executive Vice-President Jean-Pierre Duprieu, Executive Vice-President Fabienne Lecorvaisier,
More informationCISCO SYSTEMS, INC. Q4 FY 2005 CONFERENCE CALL
CISCO SYSTEMS, INC. Q4 FY 2005 CONFERENCE CALL August 9, 2005 2005, Cisco Systems, Inc. All rights reserved. 1 GAAP Reconciliation and Forward-Looking Statements GAAP RECONCILIATION During this presentation
More informationGRINDROD LIMITED ADDITIONAL INFORMATION FOR ANALYSTS for the year ended 31 December 2016
www.grindrod.com GRINDROD LIMITED ADDITIONAL INFORMATION FOR ANALYSTS for the year ended 31 December 2016 MANAGEMENT SEGMENTAL BALANCE SHEETS AS AT 31 DECEMBER 2016 R000 FREIGHT SERVICES SHIPPING FINANCIAL
More informationPerfect Storm to Calmer Seas, The Timeline for Global Shipping Recovery
Perfect Storm to Calmer Seas, The Timeline for Global Shipping Recovery A Joint Webcast from IHS Global Insight and Lloyd s Register-Fairplay Research Introducing the IHS Global Insight and Lloyd s Register-Fairplay
More informationMay 2008 COMPANY OVERVIEW & UPDATE
May 2008 COMPANY OVERVIEW & UPDATE Important Notice Forward-looking statements and figures in this presentation are based on Hyundai Merchant Marine s current expectations and no assurances can be made
More informationProgress Report on Iino Lines Medium-Term Business Plan Iino s Evolutionary Growth Plan to 2014 (IEG14) Growth and Evolution
January 31, 2012 Company Name: Iino Kaiun Kaisha, Ltd. (Iino Lines) Stock Code: 9119 Representative: Tomoyuki Sekine, President Contact: Hiromi Tosha, Group Manager, Planning & General Affairs Group Telephone:
More informationCanpotex Growing Relationships
August 2013 Canpotex Growing Relationships www.canpotex.com Company Mission A premier marketing and logistics company that exports Saskatchewan potash to markets outside Canada and the United States Canpotex
More informationCISCO SYSTEMS, INC. Q4 FY 2004 CONFERENCE CALL
CISCO SYSTEMS, INC. Q4 FY 2004 CONFERENCE CALL August 10, 2004 2004, Cisco Systems, Inc. All rights reserved. 1 GAAP Reconciliation and Forward-Looking Statements GAAP RECONCILIATION During this presentation
More informationHANDYSIZE & HANDYMAX MARKETS 2008 CONFERENCE
May 2008 HANDYSIZE & HANDYMAX MARKETS 2008 CONFERENCE Key Strengths and Concerns of the Handyclass Strong freight rates should continue in 2008, but a multi-year downturn is expected to begin in 2009 TC
More informationOVERNITE TRANSPORTATION
001 OVERVIEW OVERNITE TRANSPORTATION Overnite Transportation, a nationwide regional carrier with premium long-haul capabilities and more than 165 service centers, is one of the nation s largest less-than-truckload
More informationAMER BADAWI Vice President Columbia Grain, Inc.
AMER BADAWI Vice President Columbia Grain, Inc. World Freight Markets By: Amer Badawi Vice President Topics Drybulk Fleet Profile General Trends World Grain World Output World Output - 47% increase y-o-y
More informationCopyright CEMEX Holdings Philippines, Inc. and its subsidiaries
This presentation contains forward-looking statements. In some cases, these statements can be identified by the use of forward-looking words such as may, should, could, anticipate, estimate, expect, plan,
More informationLandstar System, Inc. April 20,
For Immediate Release Contact: Kevin Stout Landstar System, Inc. www.landstar.com April 20, 2016 904-398-9400 LANDSTAR SYSTEM REPORTS FIRST QUARTER REVENUE OF $712 MILLION AND RECORD FIRST QUARTER DILUTED
More informationHANDYSIZE & HANDYMAX MARKETS 2007 CONFERENCE
29 May 2007 HANDYSIZE & HANDYMAX MARKETS 2007 CONFERENCE An Owner s Perspectives AGENDA Background of Thoresen Thai Agencies Public Company Limited An Owner s Perspectives Slide 2 TTA acts as the holding
More informationPresented to: Wyoming Infrastructure Authority Cheyenne June 11, Coal Shipping 101
Presented to: Wyoming Infrastructure Authority Cheyenne June 11, 2015 Coal Shipping 101 Planning to Cover. 1) Overview 2) Vessel Sizes 3) Baltic Dry Index 3) Fleet Capacity 4) Medium Term Outlook 5) Glossary
More informationD&B Announces 2003 Third Quarter Results
October 27, 2003 D&B Announces 2003 Third Quarter Results Total Revenue of $332 Million Up 7 Percent, Up 11 Percent After Foreign Exchange EPS of 54 Cents Up 20 Percent Before Non-Core Gains and Charges;
More information2016 Investor Conference Automation Solutions Business Overview
2016 Investor Conference Automation Solutions Business Overview Steve Sonnenberg Executive Vice President February 11, 2016 Safe Harbor Statement Our commentary and responses to your questions may contain
More informationRefuel. Replenish. Refresh. TRAVELCENTERS OF AMERICA Q2 2018
Refuel. Replenish. Refresh. TRAVELCENTERS OF AMERICA Q2 2018 1 WARNING CONCERNING FORWARD LOOKING STATEMENTS THIS PRESENTATION CONTAINS STATEMENTS THAT CONSTITUTE FORWARD LOOKING STATEMENTS WITHIN THE
More informationNon-GAAP Information
Safe Harbor Warning During the course of this presentation, we may make projections or other forward-looking statements regarding the future financial performance of the company or future events, including
More informationRESULTS Presentation 3Q2017. November 9 th, 2017
RESULTS Presentation 3Q2017 November 9 th, 2017 DISCLAIMER This presentation provides general information about Sociedad Matriz SAAM S.A. ( SMSAAM ) and related companies. It consists of summarized information
More informationCMA CGM AN OCEAN OF TALENT
CMA CGM AN OCEAN OF TALENT 29 000 EMPLOYEES 420 PORTS OF CALL 160 COUNTRIES >600 OFFICES THE CMA CGM GROUP Founded in 1978 by Jacques R. Saadé, CMA CGM is a leading worldwide container shipping Group and
More informationExtreme Networks FQ2 18 Financial Results
Extreme Networks FQ2 18 Financial Results February 6, 2018 Cautionary Statement on Financial Measures Non-GAAP Measures: In preparing the accompanying information, the Company has excluded, where applicable,
More informationBusiness Performance in FY2012-2nd Quarter. Mitsui O.S.K. Lines, Ltd. October 2012
Business Performance in -2nd Quarter Mitsui O.S.K. Lines, Ltd. October 2012 HP Contents 2nd Quarter s [Consolidated] 2 Outlines of 2nd Quarter s [Consolidated] 4 Forecast [Consolidated] 6 Key Points of
More informationLuc Gregoire Chief Financial Officer. Drexel Hamilton Annual Telecom, Media and Technology Conference September 6, 2017
Luc Gregoire Chief Financial Officer Drexel Hamilton Annual Telecom, Media and Technology Conference September 6, 2017 Forward Looking Statements This presentation and oral statements made from time to
More informationTHE EXPLORATION EQUIPMENT SUPPLIER TM. Pritchard Capital Partners Energize 2007 San Francisco - January 2007
THE EXPLORATION EQUIPMENT SUPPLIER TM 0 Pritchard Capital Partners Energize 2007 San Francisco - January 2007 Forward-Looking Statement This presentation contains forward-looking information and statements
More informationIBM REPORTS 2011 SECOND-QUARTER RESULTS
IBM REPORTS 2011 SECOND-QUARTER RESULTS o Diluted EPS: - GAAP: $3.00, up 15 percent; - Operating (non-gaap): $3.09, up 18 percent; o Revenue: $26.7 billion, up 12 percent, up 5 percent adjusting for currency;
More informationTIME FOR PORT. UNDER THE WAVES Ports simply can t keep dredging at their own will they have to consider the law
ISSUE SEVEN 2011 Shipping &MARINE The magazine for maritime management Come to the rescue Emergency response and rescue vessels are continuing to evolve due to market demands CAN YOU DIG IT? TIME FOR PORT
More informationGeneral Employment Announces Results for Fiscal 2015 Fourth Quarter and Year End
December 30, 2015 General Employment Announces Results for Fiscal 2015 Fourth Quarter and Year End Company Provides Combined Select Pro Forma Financial Information NAPERVILLE, IL -- (Marketwired) -- 12/30/15
More informationShareholders Meeting. May 6, 2016
Shareholders Meeting May 6, 2016 Safe Harbor Statement Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein, including those
More informationFORM 10-Q SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C (Mark One)
FORM 10-Q SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended
More informationPRESS RELEASE Q3 FY'12 9M FY'12 Q3 FY'11 Q3 FY'12 Q3 FY'11. (Amount in Rs. crs)
PRESS RELEASE GE Shipping Q3FY12 consolidated Net Profit at Rs. 87.46 cr GE Shipping 9M FY12 consolidated Net Profit at Rs. 277.36 cr Declares Interim Dividend of Rs. 3.00 per share The Board of Directors
More informationCompany Report. Matson Logistics Inc. Kevin Browning 3/9/13
Company Report Matson Logistics Inc. Kevin Browning 3/9/13 Matson Logistics Inc. History Matson Logistics Inc. started back in 1882 when Captain William Matson sailed his ship from San Francisco to Hawaii.
More informationThe Great Lakes St. Lawrence Seaway System
The Great Lakes St. Lawrence Seaway System Vince D Amico, Manager, Market Development The St. Lawrence Seaway Management Corporation CANADIAN INTERNATIONAL FREIGHT FORWARDERS ASSOCIATION January 22, 2016
More informationRogers Corporation Investor Presentation
Rogers Corporation Investor Presentation 1 Disclaimer Safe Harbor Statement Statements in this presentation other than historical facts, including without limitation statements regarding the Company s
More informationEBITDA IN THE THIRD QUARTER DECREASED BY 8.6% Financial Results Q November 2018
EBITDA IN THE THIRD QUARTER DECREASED BY 8.6% Financial Results Q3 2018 21 November 2018 KEY HIGHLIGHTS FOR Q3 2018 Highest quarter in terms of revenue since 2009 Q3 affected by Norway results and trade
More informationPooling: Bringing Vital Consolidation to Shipping
Pooling: Bringing Vital Consolidation to Shipping Marine Money, Shanghai, China 19 November 2015 www.navig8group.com GROUP OVERVIEW AN INTEGRATED GROUP OFFERING MARKET-LEADING COMMERCIAL MANAGEMENT AND
More informationThe Manitowoc Company, Inc.
The Manitowoc Company, Inc. DEUTSCHE BANK GLOBAL INDUSTRIALS & MATERIALS SUMMIT CHICAGO, IL, JUNE 8, 2017 Forward- Looking Statements Safe Harbor Statement Any statements contained in this presentation
More informationCOMPANY PROFILE. seypec.com
COMPANY PROFILE seypec.com Our Company The Seychelles Petroleum Company Limited (SEYPEC) was created by the Government of Seychelles on the 02nd of April 1985. At the time, the Government recognized the
More information2008 INTERIM RESULTS PRESENTATION
2008 INTERIM RESULTS PRESENTATION AGENDA Financial highlights 2008 Interim results Shipping Trading Freight Services Financial Services Conclusion 2 FINANCIAL HIGHLIGHTS 3 FINANCIAL HIGHLIGHTS Financial
More informationOppenheimer Industrial Growth Conference. May 8, 2018
Oppenheimer Industrial Growth Conference May 8, 2018 1 Oppenheimer Industrial Growth Conference May 8, 2018 Forward-Looking Statements Statements made during this presentation that set forth expectations,
More informationTEEKAY LNG PARTNERS Q EARNINGS AND BUSINESS OUTLOOK PRESENTATION February 18, 2016
TEEKAY LNG PARTNERS Q4-2015 EARNINGS AND BUSINESS OUTLOOK PRESENTATION February 18, 2016 Forward Looking Statement This presentation contains forward-looking statements (as defined in Section 21E of the
More informationQ1 FY19 Financial Update
Q FY9 Financial Update Salesforce NYSE: CRM @Salesforce_ir Safe Harbor "Safe harbor" statement under the Private Securities Litigation Reform Act of 995: This presentation contains forward-looking statements
More information2014 Third Quarter Earnings Conference Call
2014 Third Quarter Earnings Conference Call Jeffrey T. Gill President & CEO Anthony C. Allen Vice President & Treasurer November 4, 2014 Safe Harbor Disclosure Non-GAAP Financial Measures Any non-gaap
More information1Q Fiscal 2019 ADP Earnings Call & Webcast
1Q Fiscal 2019 ADP Earnings Call & Webcast October 31, 2018 Forward Looking Statements This presentation and other written or oral statements made from time to time by ADP may contain forward-looking statements
More informationFinding a Green Ship in a Blue Ocean
Finding a Green Ship in a Blue Ocean GreenTech 2013 About RightShip Agenda Existing Vessel Design Index and Greenhouse Gas Emissions Rating A practical application How charterers use the tool How ship
More informationFinancial Results Meeting: The 1st 3 Months of FY Ending March (April 1, 2015 June 30, 2015)
Financial Results Meeting: The 1st 3 Months of FY Ending March 2016 (April 1, 2015 June 30, 2015) August 7, 2015 Contents Summary of Business Results for Three Months ended June 30, 2015, for FY Ending
More informationLOWER IRON ORE PRICES TO BOOST CHINESE IMPORTS DRY BULK SHIPPING FUNDAMENTALS UNCHANGED
Page1 LOWER IRON ORE PRICES TO BOOST CHINESE IMPORTS DRY BULK SHIPPING FUNDAMENTALS UNCHANGED New York, Tuesday, March 25, 2014. Please find below an interview of George Economou, Chairman, President &
More informationTRB - Annual Meeting
TRB - Annual Meeting NATIONAL DREDGING NEEDS STUDY PHILLIP J. THORPE Institute for Water Resources 16 January 2002 AGENDA Background Information Historical Perspective Global and US Trade World and US
More informationFedEx Corp. Reports Second Quarter Earnings FedEx International Priority Package Revenues Grow 13 Percent
FOR IMMEDIATE RELEASE FedEx Corp. Reports Second Quarter Earnings FedEx International Priority Package Revenues Grow 13 Percent MEMPHIS, Tenn., December 20, 2007... FedEx Corp. (NYSE: FDX) today reported
More informationWind Vietnam. January 22,
Wind Vietnam Ship chartering expert in Asia 1 Wind Vietnam establishment Legal Status: Representative Office Part of WIND B.V s group of companies Founded in : 2013 Staff: 03 Employees Head office: Alkmaar,
More informationDP WORLD LIMITED ANNOUNCEMENT OF INTERIM RESULTS For the six months ended 30 June 2011
DP WORLD LIMITED ANNOUNCEMENT OF INTERIM RESULTS For the six months ended 30 June 2011 Reported Results (1) before separately disclosed items (2) USD million H1 2011 H1 2010 % change Underlying change
More informationDeluxe Corporation. Overview, Strategy and Financial Information. Second Quarter 2013
Deluxe Corporation Overview, Strategy and Financial Information Second Quarter 2013 Presentation Scope Comments are limited to information already publicly released: 10-K for 2012, filed February 22, 2013
More informationIBM Business Perspective 2012
IBM Business Perspective 2012 Patricia Murphy Vice President, Investor Relations 2009 IBM Corporation Certain comments made in this presentation may be characterized as forward looking under the Private
More informationSAMUDERA SHIPPING LINE LTD
SAMUDERA SHIPPING LINE LTD Investors and Analysts Briefing August 29, 2003 Review of 2 nd Quarter results - FY 2003 AGENDA Financial Performance Performance Review Plans & Updates Questions & Answers FINANCIAL
More informationShipments (thousands) 7,495
O V E R N I T E Shipments (thousands) 7,495 Tonnage (thousands) 4,012 Revenue (per hundredweight) $13.25 Total Revenue (millions) $1,113 Operating Ratio (%) 95.2 VISION STATEMENT: To be the most successful
More information16th Annual ICR XChange Conference January 14, 2014
16th Annual ICR XChange Conference January 14, 2014 Bill DeLaney President, Chief Executive Officer Chris Kreidler Executive Vice President, Chief Financial Officer Forward-Looking Statements Statements
More informationPort of Los Angeles Presentation to the Los Angeles Investors Conference March 19, 2018
Port of Los Angeles Presentation to the Los Angeles Investors Conference March 19, 2018 1 Today s Focus Introduction to the Port of Los Angeles Market Position & Cargo Volumes Capital Improvement Program
More informationFold, Hold, Double Up - which hand to play next?
Fold, Hold, Double Up - which hand to play next? Dr Adam Kent - Maritime Strategies International (MSI) 10th Annual Capital Link Shipping, Marine Services & Offshore Forum Fold, Hold, Double Up - which
More informationFORM 10-Q SECURITIES AND EXCHANGE COMMISSION. Washington, D.C (Mark One)
FORM 10-Q SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended
More informationInvestor Meetings. November 2008
Investor Meetings November 2008 Forward-Looking Statement This document includes certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995.
More informationINVESTOR PRESENTATION THIRD QUARTER 2016 SAJAN.COM PUBLIC DOCUMENT SAJAN, INC NASDAQ: SAJA
INVESTOR PRESENTATION THIRD QUARTER 2016 SAFE HARBOR The Private Securities Litigation Reform Act of 1995 provides a safe harbor from liability for certain forward-looking statements. This presentation
More informationThe Manitowoc Company, Inc.
The Manitowoc Company, Inc. SUNTRUST MIDWEST INDUSTRIAL CONFERENCE KOHLER, WI, JUNE 22, 2017 Forward- Looking Statements Safe Harbor Statement Any statements contained in this presentation that are not
More informationGlobalSpec Acquisition. Supplemental Deck June 12, 2012
GlobalSpec Acquisition Supplemental Deck June 12, 2012 1 Safe harbor Statements in this presentation that are not reported financial results or other historical information are forward-looking statements
More informationINVESTMENT STRATEGIES PORT / TERMINAL SECTOR
INVESTMENT STRATEGIES PORT / TERMINAL SECTOR JOHAN-PAUL VERSCHUURE TECHNICAL DIRECTOR, GLOBAL MARITIME TOC EUROPE, ROTTERDAM June 2018 INTRODUCTION What s happening? Oversupply and cascading, shaping of
More informationPRESS RELEASE. GE Shipping Q1FY12 consolidated Net Profit at Rs cr GE Shipping Q1FY12 standalone Net Profit at Rs cr
PRESS RELEASE GE Shipping Q1FY12 consolidated Net Profit at Rs.162.59 cr GE Shipping Q1FY12 standalone Net Profit at Rs.101.9 cr The Board of Directors of The Great Eastern Shipping Company Ltd. (G E Shipping)
More informationSafe Harbor Statement
Safe Harbor Statement This presentation will contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements
More informationA Leading Provider of Marketing Automation Solutions
A Leading Provider of Marketing Automation Solutions Investor Presentation December 2017 SharpSpring, Inc. investors.sharpspring.com NASDAQ: SHSP Safe Harbor Statement The information provided in this
More information