Kuo Sab De Cv Class A · BMV:KUO/A
Kuo Sab De Cv Class A — Grupo KUO — Q1 2023 Earnings Presentation
11 slides from Kuo Sab De Cv Class A's earnings presentation, July 2023
Slide 1: Corporate Presentation 1Q23
C O R P O R AT E P R E S E N TAT I O N 1Q23
Slide 2: Industry diversification
Industry diversification CONSUMER CHEMICAL AUTOMOTIVE PORK MEAT & BRANDED FOOD* SYNTHETIC RUBBER* & POLYMERS TRANSMISSIONS & AFTERMARKET REVENUE 46% 25% % of total 29% EBITDA 34% 38% 28% % of total Competitive Position • Largest Pork Meat producer in • Top Synthetic Rubber producer • Positioned in a
Slide 3: LTM 1Q23 Results: KUO
LTM 1Q23 Results: KUO Revenue EBITDA +6.2% -22.4% $7,109 $63,448 $59,721 $5,513 LTM 1Q22 LTM 1Q23 LTM 1Q22 LTM 1Q23 53% Exports • Increased Revenue growth in portfolio businesses • Increased exports Revenue • Long-Term debt profile • Sharp increase in raw material prices: • Corn, soy paste, steel &
Slide 4: LTM 1Q23 Results: Consumer
LTM 1Q23 Results: Consumer Revenue EBITDA +15.8% -33.9% $2,828 $29,278 $25,283 $1,869 LTM 1Q22 LTM 1Q23 LTM 1Q22 LTM 1Q23 Pork Meat HDF • Higher sales volume • Increased prices and volume: • Optimization Sahé processing plant • MX: tomato puree & salsas • Greater exports revenue • US: salsas & guaca
Slide 5: LTM 1Q23 Results: Chemical
LTM 1Q23 Results: Chemical Revenue EBITDA -3.8% -21.3% $18,951 $18,237 $2,625 $2,066 LTM 1Q22 LTM 1Q23 LTM 1Q22 LTM 1Q23 • Logistics efficiency (regionalization) • Focus on value added applications • Focus on “Green applications” • Downward trend in prices • Increased competition • Increased energy
Slide 6: LTM 1Q23 Results: Automotive
LTM 1Q23 Results: Automotive Revenue EBITDA +2.6% -7.7% $15,696 $1,672 $15,295 $1,544 LTM 1Q22 LTM 1Q23 LTM 1Q22 LTM 1Q23 • Increased sales: • Transmissions and components • Brakes, engine, and power train parts • Operating efficiencies • Ongoing DCT developments • Supply difficulties • Increased di
Slide 7: Debt
Debt Debt Profile No Short-Term Refinancing Requirements Currency Term Rate CNY EUR Short MXP 6% 1% 9% 13% Variable 44% Fixed USD 56% 80% Long 91% 7 Note: Figures are expressed in millions of US Dollars in Combined Pro forma IFRS, considering the proportional consolidation method.
Slide 8: Going Forward
Going Forward TAILWINDS HEADWINDS Pork Meat Pork Meat • Revenue: • Raw material prices volatility • Global pork meat oversupply • Higher volume & prices • Inflation • Higher exports, mainly Japan • Exchange rate • EBITDA: • Down trend in raw material prices • Industry consolidation opportunities HDF
Slide 9: ESG Strategy
ESG Strategy • Consolidation of the sustainability model and strategy • Integrated Annual Report: GRI + SASB (2022) • Scorecard definition • Disclosure of Scope 1 and 2 emissions • Adherence to the United Nations Global Compact Going Forward • Scope 3 emissions • Materiality assessment update • Anal
Slide 10: Disclaimer
Disclaimer This presentation has been prepared by Grupo KUO, S.A.B. de C..V. (“Kuo” or the “Company”) and has not been independently verified. You agree to keep the contents of this presentation strictly confidential. This presentation is highly confidential and contains proprietary and confidential
Slide 11: Contact
CONTACT Antonia Gutiérrez Bonifaz antonia.gutierrez@desc.com +52 (55) 5261.8344 11