Grupo Nutresa S.a. · BVC:NUTRESA

Grupo Nutresa — Q2 2020 Earnings Presentation

19 slides from Grupo Nutresa's earnings presentation, August 2022

  1. Slide 1: Grupo Nutresa Earnings 2Q 2020

    GRUPO NUTRESA Grupo Nutresa Earnings 2Q 2020 1

  2. Slide 2: Highlights – Acknowledgements and Credit Rating

    HIGHLIGHTS– ACKNOWLEDGEMENTS AND CREDIT RATING Grupo Nutresa, ranks as the second best Fitch Ratings reaffirms the rating of company for talent attraction and retention Grupo Nutresa´s ordinary bonds as in Colombia, and the first in the food sector ‘AAA(col)’. The rating outlook is stable 2

  3. Slide 3: Highlights – Trends in Consumer Behaviour

    HIGHLIGHTS–TRENDS IN CONSUMER BEHAVIOUR At-home consumption - Preference for affordable local Channel disruption – Digital convenience and flexibility brands engagement and e-commerce Preference for easy-to-cook Heightened importance of Digital platforms make and prepared products being good local p

  4. Slide 4: Highlights – Trends in Consumer Behaviour

    HIGHLIGHTS–TRENDS IN CONSUMER BEHAVIOUR Food that promotes health, Stronger support for Purpose-Driven nutrition and wellness brands Accelerated adoption of healthy A more conscious consumer seeking to habits support environmentally-driven brands Preference for nourishing foods and Greater awareness

  5. Slide 5: Colombia & International Sales 2Q2020

    COLOMBIA & INTERNATIONAL SALES 2Q2020 + 11,7% Colombia sales 461,9 Q: + 1,8% SALES PER COP 1.531,1 + 1,8% P: + 5,5% * BUSINESS UNIT Billion COP + 5,9% - 3,2% 258,8 243,3 - 6,0% Percentage variation in volume (Q) and prices 155,9 - 8,3% + 23,7% - 53,9% (P) Organic 101,4 105,5 Billion COP 63,9 % chg.

  6. Slide 6: Sales Total 2Q2020

    SALES TOTAL 2Q2020 Sales total SALES PER COP 2.665,5 + 11,0% BUSINESS UNIT Billion COP + 14,9% 569,4 + 13,8% 516,8 Organic COP 2.547,8 + 6,1% + 46,6% Billion COP - 2,4% 412,8 384,4 + 12,6% 315,0 Billion COP - 47,6% - 8,3% + 24,5% 105,0 101,4 106,9 Biscuits Cold cuts Chocolates Coffee TMLUC Retail Fo

  7. Slide 7: Colombia & International Sales Accumulated 2020

    COLOMBIA & INTERNATIONAL SALES ACCUMULATED 2020 Colombia sales + 12,9% Q: + 7,3% SALES PER COP 3.157,6 + 8,4% 918,0 P: + 4,5% * BUSINESS UNIT Billion COP + 8,4% + 1,6% 502,9 494,5 + 1,9% Percentage variation in volume (Q) and prices 325,9 - 28,9% + 1,5% + 23,2% (P) Organic 226,1 199,4 Billion COP 18

  8. Slide 8: Sales Total Accumulated 2020

    SALES TOTAL ACCUMULATED 2020 Colombia sales SALES PER COP 5.324,8 + 14,6% BUSINESS UNIT Billion COP + 15,6% 1.102,1 + 14,5% Organic 1.023,5 COP 5.084,7 + 9,4% Billion COP + 2,0% + 48,9% 784,3 793,4 + 7,0% 576,1 Billion COP - 23,9% 294,2 + 1,5% + 23,8% 226,1 201,9 Biscuits Cold cuts Chocolates Coffee

  9. Slide 9: Sales by Region 2020

    SALES BY REGION 2020 United States Dominican Republic and the Carribbean 12,5% 1,7% Mexico Venezuela 2,9% 59,3% Colombia Central America 10,4% Peru 40,7% 1,8% International Colombia Chile 59,3% 7,7% Ecuador 1,4% Other 2,3% Convention Production Distribution Services 9

  10. Slide 10: Raw Materials

    RAW MATERIALS Grupo Nutresa Cogs Breakdown Commodities Index (GNCI) 2020 172 1,3% Poultry 2,5% Beef 152 2,6% Milk 144 3,6% Oils & Fats 132 113 4,5% Sugar Other 40,2% 112 5,7% Cocoa 112 107 6,4% Wheat 92 95 7,4% Pork 86 87 87 86 78 79 Pack. Mat. 14,3% 82 72 11,5% Coffee 2009 2010 2011 2012 2013 2014

  11. Slide 11: EBITDA 2Q2020

    EBITDA 2Q2020 EBITDA EBITDA PER COP 370,2 + 12,9% BUSINESS UNIT Billion COP 15,5% + 10,7% 14,6% Margin 88,0 17,4% 13,9% + 44,1% + 100,3% 75,5 15,0% 71,7 + 6,0% 15,4% 57,8 + 33,4% 48,5 Billion COP 15,5% 17,2% + 32,2% + 63,1% -7,4% 15,7 18,4 - 117,8% -7,8 Biscuits Cold cuts Chocolates Coffee TMLUC Ret

  12. Slide 12: EBITDA Accumulated 2020

    EBITDA ACCUMULATED 2020 EBITDA EBITDA PER COP 746,3 + 15,2% BUSINESS UNIT Billion COP 14,7% + 12,8% 14,7% Margin + 36,6% 17,1% 14,0% 161,7 150,5 14,7% + 123,4% 135,7 - 1,6% 115,6 14,0% + 7,9% 80,4 Billion COP 16,3% 15,5% 8,2% + 31,9% + 41,4% - 71,8% 36,8 31,2 24,1 Biscuits Cold cuts Chocolates Coffe

  13. Slide 13: Income Statement 2Q2020

    INCOME STATEMENT 2Q2020 2020 2Q % Revenues 2019 2Q % Revenues % Var. Continuing operations Operating revenue 2.665.449 2.400.675 11,0% Cost of goods sold -1.541.575 -57,8% -1.330.189 -55,4% 15,9% Gross profit 1.123.874 42,2% 1.070.486 44,6% 5,0% Administrative expenses -119.542 -4,5% -108.782 -4,5%

  14. Slide 14: Income Statement Accumulated 2020

    INCOME STATEMENT ACCUMULATED 2020 Jan - Jun 2020 % Revenues Jan - Jun 2019 % Revenues % Var. Continuing operations Operating revenue 5.324.782 4.646.417 14,6% Cost of goods sold -3.068.367 -57,6% -2.583.703 -55,6% 18,8% Gross profit 2.256.415 42,4% 2.062.714 44,4% 9,4% Administrative expenses -238.3

  15. Slide 15: Consolidated Net Debt

    CONSOLIDATED NET DEBT 3.500 2.808 2.906 2.796 Billion COP 3.000 2.596 2.709 2.441 2.500 2.000 1.752 1.581 1.500 1.000 500 0 Dec-13 Dec-14* Dec-15* Dec-16* Dec-17* Dec-18* Dec-19* Jun-20* Net debt 1.581 1.752 2.808 2.906 2.596 2.441 2.709 2.796 Net debt / EBITDA 1,90 2,10 2,88 2,82 2,49 2,17 2,20 2,1

  16. Slide 16: Contact

    CONTACT Catherine Chacón Navarro Investor Relations Director e-mail: cchacon@gruponutresa.com Tel: (+574) 325 8731 www.gruponutresa.com This presentation and further detailed information can be found in the following link in our section "Grupo Nutresa Valuation Kit": http://www.gruponutresa.com/es/c

  17. Slide 17: Financial Position – Assets

    FINANCIAL POSITION 2020 June 2020 December 2019 % Var. ASSETS Current assets Cash and cash equivalents 743.445 497.947 49,3% Trade and other receivables, net 1.207.640 1.166.248 3,5% Inventories 1.472.682 1.248.128 18,0% Biological assets 100.702 96.632 4,2% Other assets 338.726 251.397 34,7% Non-cu

  18. Slide 18: Financial Position – Liabilities

    FINANCIAL POSITION 2020 June 2020 December 2019 % Var. LIABILITIES Current liabilities Financial obligations 515.558 527.196 -2,2% Right-of-use liabilities 135.442 147.242 -8,0% Trade and other payables 1.268.591 1.235.133 2,7% Tax charges 331.466 214.542 54,5% Employee benefits liabilities 185.454

  19. Slide 19: Disclaimer

    DISCLAIMER This document can contain forward looking statements related to Grupo Nutresa S.A. and its subordinated companies, under assumptions and estimations made by company´s management. For better illustration and decision making purposes Grupo Nutresa’s figures are consolidated; for this reason

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