3Q14RESULTS

2

Record quarterly performance for Kepler Weber

• Net Revenues: 52.4% increase to R$254.3 million, reflecting the excellent climate for agribusiness and the Company’s successful diversification strategy.

• Gross Profit: R$68.3 million, up by 29.6%, resulting mainly from productivity gains and an increase in volumes.

• Net Income: highest-ever quarterly growth of 72.7% to R$34.2 million, due to improved operating results.

• EBITDA: R$58.4 million, an increase of 63.3% with a best-in-class margin of 22.9%.

• Cash generation reached R$118.3 million, a significant improvement over the same period of the previous year (R$95.4 million in 3Q13).

• Net Debt at the end of 3Q14 was minus R$116.5 million, a reduction of R$114.3 million against the position at the end of 2013.

3

Sales – R$ Thousand

30,951

212,165

+27,650(+11%)

3T14

282,850

32,2499,704

34,896

206,000

3T13

255,200

1,45810,625

Exports +13% Bulk Handling +2.111%

Parts and Services -9%Storage -3%

9M13

657,337

50,922

24,32778,720

503,367

+229,675(+35%)

9M14

887,013

77,34425,391

82,284

701,994

Exports +5% Bulk Handling +52%

Parts and Services +4%Storage +39%

4

PRODUCTION –TONS. OUTPUT –TONS.

NET REVENUE – R$ ThousandBACK LOG – R$ Thousand

25,439

3Q13

18,495

9M14

+6,944(+38%)

9M13

64,937

3Q14

46,200

18,737(29%)

+68,381(+22%)

381,482

SEP/14SET/14SEP/13

313,101

19,590(26%)

+8,882(+43%)

74,790

YTD13 YTD14

55,200

3Q14

29,66820,786

3Q13

166,926

3Q14

254,348

3Q13 YTD14

+239,075(+58%)

+87,422(+52%)

654,301

YTD13

415,226

5

GROSS PROFIT (R$ Thousand) GROSS MARGIN (%)

CONTRIBUTION MARGINNet Revenue (-) Variable Costs

Gross profit increase boosted by gains in operational efficiency

68,321

3Q13

27%

3Q14

52,716

32%

+58,428(+53%)

+15,605(+30%)

YTD14

167,986

26%

YTD13

109,558

26%

YTD14YTD133Q13

45%39%41%40%

3Q14

6

EBITDA (R$ Thousand)EBITDA MARGIN (%)

EBITDANet Income (R$ thousands) 3Q14 3Q13 Δ% 9M14 9M13 Δ%

Income for the Period 34,247 19,751 +73.4% 83,088 37,050 +124.3%

(+) Provision for Income and Social Contribution Taxes – Current and Deferred

13,322 12,826 +3.9% 33,629 20,113 +67.2%

(+) Financial Revenues (7,410) (6,360) +16.5% (19,653) (13,329) +47.4%

(+) Financial Expenses 13,707 5,768 +137.6% 28,087 16,611 +69.1%

(+) Depreciation and Amortization 4,491 3,744 +20.0% 12,647 11,509 +9.9%

EBITDA 58,357 35,729 +63.3% 137,798 71,954 +91.5%

21%35,72921%

YTD13

71,954

17%

3Q14

58,357

23%

3Q13 YTD14

+65,844(+92%)

137,798

+22,628(+63%)

7

INDEBTEDNESSDebt (R$ thousands) 3Q14 2013 Var (%)

EXIM Pré-Embarque 12,528 8,429 +48.6%

FINAME PSI 1,406 1,019 +38.0%

FINIMP 10,566 885 +1093.9%

FINEP 3,509 3,509 -

Debentures 6,887 17,426 -60.5%

Short Term 34,896 31,268 11.6%

EXIM Pré-Embarque 7,308 16,859 -56.7%

FINAME PSI 8,488 8,424 +0.8%

FINEP 16,082 18,715 -14.1%

Debentures 34,432 40,540 -15.1%

Long Term 66,310 84,538 -21.6%

Total Debt 101,206 115,806 -12.6%

Cash and Cash Equivalents (Current and Non-Current) (217,697) (117,999) +84.5%

Net debt (116,491) (2,193) +5211.9%

-2,193

-116,491

3Q14

-114,298(+5,212%)

2013Long Term

 (116.491)

 (18.228)

Cash 3Q14Short Term

 (99.698)

2013

 3.628 

 (2.193)

8

NET PROFIT IN THE PERIOD (R$ Thousand)% OF NET INCOME

YTD13

13%

34,247

13%

3Q13

19,751

12%

YTD14

+46,038(+124.3%)

+14,496(+73%)

83,088

37,050

9%

3Q14

9

Banco ClássicoSul América Expertise FIA

4.19%

Banco do Brasil Investimentos17.46%

9.94% Fernando Francisco Brochado Heller

12.05%

Previ

17.48%

38.88%Other Minority

Ownership Breakdown

09/30/2014

Olivier Michel Colas Felipe Fontes Vice-President Executive Officer IR Analyst

THANK YOU !

Tel.: +55 (11) 4873-0302E-mail: ri.kepler@kepler.com.br

Website: www.kepler.com.br/ri

Investor Relations