EMPRESAS AQUACHILE
Brussels April 2012
AquaChile The largest producer in Chile of Salmon and Sea Trout
2011 Main Chilean Salmon and Sea Trout Exporters (Th. Net Tons)
12%
44 37
10% 30
8% 23
6% 5%
20
5%
20
5%
19
5%
19
5%
19
5%
17
State of the Art Sea Licenses and Productive Assets Vertical integration throughout the value chain
Fish Feed 126,000 tons of installed capacity
1
2
3
4
5
Genetics
Fresh Water
Sea Water
Process
Commercialization
15 years of successful and proven genetic development
Flexibility and excess installed capacity
Unique, diversified and large license portfolio
Installed capacity to absorb growth
Global presence and reputation
5 process plant in Chile 170,000 ton WFE Capacity
More than 400 clients in 50 countries
41.6 million smolt Atlantic Salmon* 17.8 million smolt Pacific Salmon 26.5 million smolt Sea Trout
Potential capacity
149 sea licenses 29 sanitary areas
* It Includes Chaicas project for 12.6 million smolt and Rio Grande project for 12.6 million smolt
220,000 tons. WFE
Strong Financial Position
Public since May 19th, 2011
Free Float**
Raised capital
33.92%
USD 373 Millions
Market Cap Chilean Salmon Companies* (MUSD)
928
396
379
310 95
*As of April 19, 2012 ** As of December 31, 2011
2011 Turnover
Debt Prepay
USD 501 Million
USD 233 Million
Sales and Net Financial Debt Trend (MUSD)
389 300
501
397
394
553 501
484
440 388
174 83
2006 Total Sales Net Financial Debt
2007
2008
2009
2010
2011
Strong Organic Growth Plan Diversification for success
ATLANTIC SALMON
SEA TROUT
PACIFIC SALMON
TILAPIA
Pyhisical Sales
215
(Th. WFE Tons)
202 179
151
41 36
31 32
27
123 106 8 19
21
106 15
20
82 17 24
24
72
26 27
39
29
92 18
16
32
110
17
27
58
2006
48
2007
39
19 23
61
2008
39
39
25 21
32
37
30
2009
1 2010
102
2015e
2016e
77 55
25 29
95
14
22
2011
2012e
2013e
2014e
ATLANTIC SALMON
Pyhisical Sales (Th. WFE Tons)
95
102
77 61
58
55
48 29
22 14
2006
2007
2008
2009
1 2010
2011
2012e
2013e
2014e
2015e
2016e
SEA TROUT
Pyhisical Sales (Th. WFE Tons)
21
2006
27
26
2007
2008
30 21
2009
2010
37
39
39
39
39
2012e
2013e
2014e
2015e
2016e
25
2011
PACIFIC SALMON
Pyhisical Sales (Th. WFE Tons)
19
16
2006
2007
20
2008
24
2009
27
29
32
32
32
23
25
2010
2011
2012e
2013e
2014e
2015e
2016e
TILAPIA
Pyhisical Sales (Th. WFE Tons)
15
17
18
19
17
2007
2008
2009
2010
2011
24
27
31
36
41
8
2006
2012e
2013e
2014e
2015e
2016e
ATLANTIC SALMON
SEA TROUT
PACIFIC SALMON
TILAPIA
Pyhisical Sales
215
(Th. WFE Tons)
202 179
151
41 36
31 32
27
123 106 8 19
21
106 15
20
82 17 24
24
72
26 27
39
29
92 18
16
32
110
17
27
58
2006
48
2007
39
19 23
61
2008
39
39
25 21
32
37
30
2009
1 2010
102
2015e
2016e
77 55
25 29
95
14
22
2011
2012e
2013e
2014e
Global presence and reputation More than 400 clients in 50 countries
2011
2012E
2013E
2014E
2015E
2016E
Destination of AquaChile’s Salmon, Sea Trout and Tilapia sales (Th. WFE Tons)
5 11 33
17
12
0,7
4
65.1
17.2
Salmon and Sea Trout
Tilapia
2011
2012E
2013E
2014E
2015E
2016E
Destination of AquaChile’s Salmon, Sea Trout and Tilapia sales (Th. WFE Tons)
7 17 45
0,5
23
8
1,5
6
85.1
23.5
Salmon and Sea Trout
Tilapia
2011
2012E
2013E
2014E
2015E
2016E
Destination of AquaChile’s Salmon, Sea Trout and Tilapia sales (Th. WFE Tons)
10 37 47
1,4
26
15
5
11
123.7
27
Salmon and Sea Trout
Tilapia
2011
2012E
2013E
2014E
2015E
2016E
Destination of AquaChile’s Salmon, Sea Trout and Tilapia sales (Th. WFE Tons)
11 49 50
2
29
18
6
15
147.9
31
Salmon and Sea Trout
Tilapia
2011
2012E
2013E
2014E
2015E
2016E
Destination of AquaChile’s Salmon, Sea Trout and Tilapia sales (Th. WFE Tons)
11 59 50
3
33
20
7
19
166.2
36
Salmon and Sea Trout
Tilapia
2011
2012E
2013E
2014E
2015E
2016E
Destination of AquaChile’s Salmon, Sea Trout and Tilapia sales (Th. WFE Tons)
12 63 50
4
37
21
8
20
173.5
41
Salmon and Sea Trout
Tilapia
Sustainability and Stakeholders
New Legal Framework
Certification
CSR
Innovation
Sea licenses Xth Region Sea licenses XIth Region
New Legal Framework
Certification
CSR
Innovation
Production
2012
2013
Process
HACCP Operative
Operative
2012
2012
New Legal Framework
Certification
CSR
Innovation
2006
2007
2008-2009
2010
New Legal Framework
Certification
CSR
Innovation
New Legal Framework
Certification 2012
2013
HACCP
Operative
Operative
2012
2012
CSR
Innovation