UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August, 2024
Commission File Number: 001-41638
AMBIPAR EMERGENCY RESPONSE
(Exact name of registrant as specified in its charter)
Avenida Angélica, nº 2346, 5th Floor
São Paulo, São Paulo, Brazil, 01228-200
Tel: +55 (11) 3526-3526
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(7):
Yes ☐ No ☒
EXHIBIT INDEX
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Exhibit No. | | Description of Exhibit |
| | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: August 9, 2024
| | | | | | | | |
| AMBIPAR EMERGENCY RESPONSE |
| | |
| By: | /s/Thiago da Costa Silva |
| Name: | Thiago da Costa Silva |
| Title: | Director |
Exhibit_99.1
RESULTS PRESENTATION
2Q24
Ambipar Response – Ambipar Group
DISCLAIMER
This presentation has been prepared by AMBIPAR and may contains forward-looking statements that can be identified using forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. Forward-looking statements appear in several places in this presentation and include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update them considering new information or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances or to reflect the occurrence of unanticipated events. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward- looking statements. Further information on these and other factors that could affect our financial results is included in filings we have made and will make with the U.S. Securities and Exchange Commission from time to time, including in the section titled “Risk Factors” in our most recent Form F-1 and 424(b) prospectus. These documents are available on the SEC Filings section of the investor relations section of our website at: https://ir- response.ambipar.com/.
We prepared this presentation solely for informational purposes. The information in this presentation does not constitute or form part of, and should not be construed as, an offer or invitation to subscribe for, underwrite or otherwise acquire, any of our securities or securities of our subsidiaries or affiliates, nor should it or any part of it form the basis of, or be relied on in connection with any contract to purchase or subscribe for any of our securities or any of our subsidiaries or affiliates nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. We have included in this presentation our EBITDA and Adjusted EBITDA which are non-GAAP financial measures. We understand that, although EBITDA and Adjusted EBITDA are used by investors and securities analysts in their evaluation of companies, these measures have limitations as analytical tools, and you should not consider them in isolation or as substitutes for analysis of our results of operations as reported under IFRS. Additionally, our calculations of Adjusted EBITDA may be different from the calculation used by other companies, including our competitors, and therefore, our measures may not be comparable to those of other companies.
Ambipar Response
RESILIENCE - Emergency Response, Crisis Management & Business Continuity - Emergency Response
Field Services - Vaccum Trucks, Industrial Cleaning & Maintenance - Industrial Services
Training - Onshore and Offshore Support - Maritime Services
Consultancy - Environmental Assessment, Remediation & Reclamation - Environmental Services
Our mission is to ensure the continuity of your business, preserve your reputation and protect the environment. Field services - consulting - training
Ambipar Response - www.ambipar.com
2Q24 HIGHLIGHTS
• Net Revenue of R$741 million (USD137.4 million), growth of 21.0% vs 2Q23
• EBITDA of R$192 million (USD35.6 million) +28%, and margin of 25.9%, an increase of 1.3 p.p. compared to 2Q23
• Net income of R$89 Million (USD16.6 million) +89% against 2Q23
• Operational ROIC of 37%
• Baltimore Bridge; MCA’s contract renewal
• Floods in south of Brazil (Rio Grande do Sul); New contracts on Environmental Services in Brazil
Ambipar Response
Net Revenue
R$ millions
+21%
612 741
2Q23 2Q24
+17%
1.208 1.420
1H23 1H24
• Brazil: + 65.3%
• North America: -5.4%
• Europe: +10.1%
• LatAm (Ex-Brazil): + 2.1%
Ambipar Response
EBITDA
Adjusted EBITDA and Margin R$ millions
24,6% 25,8%
+27.7%
150 192
2Q23 2Q24
24,0% 25,9%
+26.5%
290 367
1H23* 1H24
• Revenue mix
• Expenses dilution
* Adjusted by extraordinary non cash expenses from NYSE listing of R$122 million
Ambipar Response
NET INCOME
Net Income R$ milllions
+89.5%
47,1 89,2
2Q23 2Q24
696.4%
(20,5) 122,4
1H23 1H24
• Higher EBIT
• Lower Financial results
• Positive Income Tax
Ambipar Response
DEBT / LEVERAGE
Net Debt¹ (R$ million)
1.483 1.416 1.628
4Q23 1Q24 2Q24
Leverage¹
2.1x 2.1x 2.2x
2.1x 2.1x 1.9x
4Q23 1Q24 2Q24
Net Debt / EBITDA LTM Net Debt / EBITDA Annualized (Quarter * 4)
Financial Gross Debt Amortization schedule
R$ Million
550 147 214 157 613 99 29
Cash 2024 2025 2026 2027 2028 2029+
¹ Including Related Parties
Ambipar Response
Deepwater Horizon - Gulf of Mexico (2010)
Biggest oil spill in History
Ambipar Response
Industrial Fire
Santos/SP (2015)
Second largest in the world in petrochemical terminals
Ambipar Response
Chile, PITRUFQUÉN (2016)
Bridge collapse
Ambipar Response
Hurricanes Irma and Maria (2017)
Ambipar Response
Pipeline Leak - Santo Antônio do Grama - MG (2018)
Ambipar Response
Brumadinho - MG (2019)
Ore tailings dam collapse
One of the biggest environmental disasters in Brazil’s history
Ambipar Response
COVID Decontamination (2019 - 22)
Ambipar Response
Suez Canal - Egypt (2021)
Ambipar Response
Gibraltar (2022-23)
Ambipar Response
Peru Oil Spill (2022)
Largest oil spill in Latin America
Ambipar Response
Fall Baltimore Bridge (2024)
Ambipar Response
Floods Rio Grande do Sul (2024)
Ambipar Response
Leading environmental management
WebSite: https://ir-response.ambipar.com/
E-mail: ir.response@ambipar.com
Thank you
Ambipar Response
ambipar.com
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