“Setting Sights On The Next Horizon”

Company Profile:

Stock Exchange: Trinidad and Tobago

Company: ANSA McAL Limited

2013 Rank: #3

Chairman: A. Norman Sabga

Chief Executive Officer: A. Norman Sabga

Address: 9th – 11th Floors, TATIL Building
11 Maraval Road, Port of Spain, Trinidad
West Indies
Phone: (868) 625-3670 to 5
Fax: (868) 624-8753
Website: www.ansamcal.com

The ANSA McAL Group of Companies is headquartered in Port of Spain, Trinidad and Tobago and has been doing business since 1881. The company is listed on the Trinidad and Tobago Stock Exchange (TTSE: AMCL) and is one of the largest conglomerates in the Caribbean.

Today the strength of the Group is unparalleled and this is attributed to the commitment and dedication of its people.

Through the years, the ANSA McAL Group has grown considerably with an asset base of TT$ 12.2 Billion, revenues of TT$ 6.2 Billion (TT$ 5.9 Billion – 2012) and profit before tax of TT$ 1.1 Billion (TT$ 948 Million – 2012) at December 31, 2013.

The Group’s business operations span 8 sectors with its tentacles extending through Trinidad and Tobago, Barbados, St. Kitts and Nevis, St. Lucia, Guyana, Grenada and the United States of America.

The ANSA McAL Group is active in the automotive trade, beverages, distribution, financial services, manufacturing, media, retail and services.

The group possesses a diverse workforce of approximately 6,000 employees.

The following edited extract was taken from the company’s 2013 Annual Report to shareholders.

“I am very happy to announce that in the year under review your Group has crossed the Billion Dollar PBT threshold. Even as we celebrate this landmark achievement, being true to our DNA we are already setting our sights on the next horizon.

In 2013 your Group set another record in its 132nd year of operation and I would like, on your behalf to thank every one of the almost six thousand members in the ANSA McAL family, from our Miami operation in the North to Guyana in the South for the effort and dedication it took to achieve this goal. This is a proud achievement for us all.

Your Executive believes delivering consistent performance over the long term is key to building and maintaining stakeholder confidence. I am therefore pleased to report that for the fourth consecutive year, your Group has maintained a strong growth trajectory.

Revenues of $6.2 billion have improved by 6% and a record PBT of $1.1billion is up on prior year by 21%. Earnings per Share (EPS) of $4.31 also improved by 17% over the previous period. Total assets are now at $12.3 B from $11.3B in 2012.

At the time of reporting, your Group remains stronger and healthier than ever before, with our robust corporate governance structure infused in every facet of operations. In 2013, debt was further reduced by 53% and our gearing ratio is at 1.9%. Cash generation from operations was $985M which represents 68% of EBITDA: our debt capacity can comfortably support the investments that will fuel the growth of the Group in the years ahead.

We constantly remind ourselves that growing the skills and capacity of our people is the key to unlocking the ingenuity that will keep us ‘steps’ ahead of our competition. I am indeed proud to report, where ever we operate regardless of the challenges, our Executive and Management teams’ commitment to ‘being the best’ is relentless.

In 2013, the Group committed investments in the Manufacturing, Brewing, Media and Automotive Sectors of $285M in new business projects or in areas that either increased capacity or maintained and improved plant and process efficiency. Some of these initiatives are complete and are improving our domestic and export competiveness.”BM
A. Norman Sabga Chairman and Chief Executive Officer