2Q14 RESULTS

A quarter of record-breaking reaffirming the successful strategy of Kepler Weber

o Net revenues: growth of 76.0% to R $ 226.7 million, reflecting the excellent time in the agribusiness market and the successful diversification of the Company's strategy.

o Gross Profit: R$56.4 million, growth of 85.8% due primarily to productivity gains and increased volumes.

o Net Profit: Historical growth for 2Q14 188.2% to R$ 25.1 million, resulting from improved operating results.

o EBITDA: R$ 44.7 million, an increase of 114.8% and a margin of 19.7%, maintaining margins with best-in-class to world levels in agribusiness.

o Cash generation: reached R$ 55.5 million, a significant increase compared to the same period last year (R$ 29,1 million in 2Q13).

o Net debt: at the end of the 2Q14 was negative R$ 25.8 million, an increase of R$ 23.6 million compared to the end of 2013.

2

28,542

157,935

+62,723 (+26%)

2Q14

299,911

16,610 7,299 23,962

252,039

2Q13

237,188

43,294

7,418

Exports -16% Bulk Handling -62%

Parts and Services -2% Storage +60%

Sales – R$ Thousand

1H13

402,137

49,464

13,702 47,770

291,202

+213,473 (+53%)

1H14

615,611

45,095 15,687

54,894

499,934

Exports +15% Bulk Handling -9%

Parts and Services +14% Storage +72%

3

11,794 (30%)

+9,175 (+65%)

1H14

39,498

1H13

27,704

2Q14

23,198

2Q13

14,023

PRODUCTION –TONS. OUTPUT –TONS.

NET REVENUE – R$ Thousand

+213,092 (+105%)

JUN/14

416,609

JUN/13

203,517

BACK LOG – R$ Thousand

10,724 (24%)

+7,405 (+41%)

1H14

45,122

1H13

34,398

2Q14

25,394

2Q13

17,989

151,653 (38%)

+97,904 (+76%)

1H14

399,953

1H13

248,300

2Q14

226,683

2Q13

128,779

4

GROSS PROFIT (R$ Thousand)

GROSS MARGIN (%)

CONTRIBUTION MARGIN

Net Revenue (-) Variable Costs

+42,823 (+75%)

+26,023 (+86%)

1H14

99,665

25%

1H13

56,842

23%

2Q14

56,362

25%

2Q13

30,339

24%

YTD14

39%

YTD13

39%

2Q14

39%

2Q13

39%

5

Gross profit increase boosted by gains in operational efficiency

+43,216 (+119%)

+23,871 (+115%)

1H14

79,441

20%

1H13

36,225

15%

2Q14

44,669

20%

2Q13

20,798

16%

EBITDA (R$ Thousand)

EBITDA MARGIN (%)

EBITDA

6

Net Profit (BRL thousand) 2Q14 2Q13 Δ% 1H14 1H13 Δ%

Profit of the Period 25,067 8,699 +188.2% 48,841 17,299 +182.3%

(+) Income Tax and Social Contribution Provision - Current and Deferred13,711 5,210 +163.2% 20,307 7,287 +178.7%

(-) Financial Revenue (4,789) (4,101) +16.8% (12,243) (6,969) +75.7%

(+) Financial Expenses 6,573 6,242 +5.3% 14,380 10,843 +32.6%

(+) Depreciation and Amortization 4,107 4,748 -13.5% 8,156 7,765 +5.0%

EBITDA 44,669 20,798 +114.8% 79,441 36,225 +119.3%

-25,754

2013

-23,561 (+1,074%)

2Q14

-2,193

25,754

2T14 Cash

-13,959

Long Term

-10,780

Short Term

1,178

2013

2,193

INDEBTEDNESS

7

Indebtedness (R$ thousands) 2Q14 2013 Var (%)

EXIM Pre-shipment 12,526 8,429 +48.6%

FINAME PSI 1,281 1,019 +25.7%

FINIMP 7,690 885 +768.9%

FINEP 3,509 3,509 -

Debentures 7,440 17,426 -57.3%

Short Term 32,446 31,268 3.8%

EXIM Pre-shipment 10,438 16,859 -38.1%

FINAME PSI 8,315 8,424 -1.3%

FINEP 16,959 18,715 -9.4%

Debentures 38,046 40,540 -6.2%

Long Term 73,758 84,538 -12.8%

Total Indebtedness 106,204 115,806 -8.3%

Cash & cash equivalents (Current and Non-current) (131,958) (117,999) +11.8%

Net Indebtedness (25,754) (2,193) +1074.4%

8

+16,368 (+188%)

+31,542 (+182.3%)

25,067

2T14 1S14

48,841

12%

1S13

17,299

7% 11%

2T13

8,699

7%

NET PROFIT IN THE PERIOD (R$ Thousand)

% OF NET INCOME

Investments in production and portfolio diversification more than

doubled the company’s net profit

9

Banco Clássico

Sul America Expertise FIA

4,92%

Banco do Brasil Investimentos 17,54%

9,99% Fernando Francisco Brochado Heller

12,11%

Previ

17,56%

37,88%

Other Minority

Ownership Breakdown

06/30/2014

Olivier Michel Colas Felipe Fontes

Vice-President Executive Officer IR Analyst

THANK YOU !

Tel.: +55 (11) 4873-0302

E-mail: ri.kepler@kepler.com.br

Website: www.kepler.com.br/ri

Investor Relations