C

CAP SA
SGO:CAP

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CAP SA
SGO:CAP
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Price: 7 048.5 CLP 0.51% Market Closed
Market Cap: 1.1T CLP

CAP SA
Investor Relations

CAP SA engages in the mining of iron ore and the production of steel products. The company is headquartered in Las Condes, Santiago and currently employs 4,792 full-time employees. The firm's activities are divided into four business segments: Mining, Steel, Steel Processing and Infrastructure. The Mining division focuses on the extraction, processing and sale of minerals. The Steel division is responsible for the production of finished steel, which is produced from liquid steel by reduction of iron ore in blast furnaces. The Steel Processing division provides processing of steel for various sectors, such as construction, industry and infrastructure. The Infrastructure division includes development of seawater desalination system and power transmission lines, as well as operation of port terminal. The firm operates through numerous subsidiaries, such as Cleanairtech Sudamerica SA, Tecnocap SA and Puerto Las Losas SA.

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Last Earnings Call
Fiscal Period
Q1 2025
Call Date
May 15, 2025
AI Summary
Q1 2025

Revenue Growth: Total revenue reached $432 million, up 8% from last year, with improvements in both mining and industrial segments.

EBITDA Decline: Consolidated EBITDA fell from $112.8 million to $107.9 million, mainly due to lower mining shipments and prices.

Mining Challenges: Losses in the mining segment were driven by the contingency at Los Colorados and lower iron ore prices.

Industrial Turnaround: Losses in the industrial segment narrowed significantly, especially due to improved margins and performance at Cintac and Huachipato.

Debt and Cash Position: Debt increased due to recent acquisitions, but cash position remains strong; management is focused on defensive strategies.

No Change in CapEx: CapEx guidance for the year remains unchanged despite operational challenges.

Los Colorados Update: Ongoing technical studies; production recovery expected in the second half of the year, with limited long-term impact.

Rare Earths Opportunity: Aclara project benefits from a jump in European dysprosium prices, offering a positive strategic outlook.

Key Financials
Revenue
$432 million
Consolidated EBITDA
$107.9 million
CMP Net Income
-$5.9 million
Industrial Segment Loss
-$19.8 million
Cintac Volumes
up 7%
Cintac Rate
74%
Mining Segment EBITDA
$93 million
Industrial Segment EBITDA (increase from Huachipato and Cintac)
$3.2 million increase from Huachipato; $3.1 million increase in modular segments
Production Cost per Ton (Mining)
$56.6 per ton
Debt
$1,740 million
Accumulated Losses
$30 million
Other Earnings Calls
2025

Management

Mr. Nicolas Burr Garcia de la Huerta
Chief Executive Officer
No Bio Available
Mr. Felipe Gazitua L.
Chief Financial Officer
No Bio Available
Patricio M. Valdivia
General Accountant
No Bio Available
Mr. Daniel Carvallo
Legal Manager
No Bio Available
Mr. Andres Bustos Moretti
Senior Executive Vice President and Controller
No Bio Available
Mr. Jorge Lagos
Corporate Affairs & Sustainability Manager
No Bio Available

Contacts

Address
SANTIAGO
LAS CONDES
Gertrudis Echenique 220
Contacts
+56228186000
www.cap.cl