Alicorp Saa · BVL:ALICORC1
Alicorp Saa — Alicorp — Investor Presentation (August 2023)
23 slides from Alicorp Saa's investor presentation, August 2023
Slide 1: Corporate Presentation
CORPORATE PRESENTATION August 2023
Slide 2: Key Highlights
HIGHLIGHTS KEY HIGHLIGHTS Company Overview Corporate Strategy Our Business Units Solid liquidity and Innovation and Leading Consumer Leading position in the Successful business strong balance sheet Development Goods company market, driven by our model diversified across Solid financial Top-of-mind p
Slide 3: Company Overview
COMPANY OVERVIEW
Slide 4: Business Units
COMPANY OVERVIEW Honduras BUSINESS UNITS Nicaragua Costa Rica Panama Colombia GONSUMER GOODS B2B Ecuador Emblematic brands in our food, home Products for bakery, food service and and personal care platforms other industries sectors ▪ Multi-tier strategy & diversified portfolio ▪ Exclusive distributo
Slide 5: Leading regional player with a successful diversified business model
COMPANY OVERVIEW Leading regional player with a successful business model diversified across product categories and countries TOP-OF-MIND PORTFOLIO AND LEADING BRANDS WITH A PROVEN TRACK RECORD OF SUCCESSFUL MARKET RECEPTION CONSUMER GOODS B2B AQUAFEED CRUSHING Position1,2 Position1 Position1 Positi
Slide 6: Solid financial performance driven by efficiency initiatives
COMPANY OVERVIEW Solid financial performance driven by our corporate efficiency initiatives and our shareholder value creation mindset REVENUE EBITDA PEN million PEN million WE ARE ON TRACK TO 12,216 15,406 14,840 1,277 1,317 1,622 1,320 RECOVER OUR 9,872 9,348 1,119 HISTORIC PERFORMANCE LEVELS 2019
Slide 7: Corporate Strategy
CORPORATE STRATEGY
Slide 8: Alicorp's strategic framework
CORPORATE STRATEGY Alicorp’s strategic framework WINNING ASPIRATION CAPABILITIES We feed a better tomorrow with relevant value propositions for each of our consumers and clients in the Andean Region, transforming markets with our leading brands, ability to innovate, efficient management and the tale
Slide 9: Journey towards a more sustainable company
CORPORATE STRATEGY We continue to progress in our journey towards a more sustainable company COMMUNITY KEY INDICATORS WELLBEING ENVIROMENT DEVELOPMENT 85% Organizational Health Index (OHI) +3,000 MT Sustainable oil marketed ESG INDEX Second consecutive year in the S&P/BVL Peru General ESG Index ▪ Pr
Slide 10: Sustainability initiatives
CORPORATE STRATEGY Sustainability initiatives “OLLAS QUE DESARROLLAN” ▪ Aimed at supporting soup kitchens in communities of great need, making self-sufficient their kitchens to guarantee their future operation ▪ As of 2023, more than 32,000 people have been beneficiated OUR DIFFERENT ▪ Develop of “O
Slide 11: Key Investment Highlights: Management
KEY INVESTMENT HIGHLIGHTS Highly experienced management supported by a leading shareholder group in Peru OUTSTANDING MANAGEMENT TEAM COMBINES PROVEN TRACK RECORD OF ORGANIC AND INORGANIC GROWTH STRATEGIES AND VAST SECTOR EXPERIENCE Highly Awarded MANAGMENT MANUEL ROMERO ALDO HIDALGO LUIS ESTRADA ALF
Slide 12: Our Business Units
OUR BUSINESS UNITS
Slide 13: Consumer Goods Peru
OUR BUSINESS UNITS Consumer Goods Peru +2%2 4,327 4,239 3,895 3,549 3,716 ▪ Main production facility OUR CONSUMER REVENUE AND GROSS MARGIN 28% of consolidated GOODS PERU PEN million 29.1% 32.8% 26.6% 24.7% 25.6% revenue1 BUSINESS UNIT OFFERS 2019 2020 2021 2022 20231 FOODS, HOME AND +1.9%2 ▪ Main ca
Slide 14: International Businesses: Bolivia & Ecuador
OUR BUSINESS UNITS International Businesses: Bolivia & Ecuador REVENUE AND GROSS MARGIN EBITDA AND EBITDA MARGIN PEN million PEN million 5% of consolidated BOLIVIA: BACKWARDS +7%2 revenue1 VERTICALLY 695 718 745 761 83 98 ▪ Main cateogories 589 INTEGRATED, OUR UNIT PRODUCES AND 28.1% 27.8% 39 28 DIS
Slide 15: B2B
OUR BUSINESS UNITS B2B +12%2 2,734 2,591 2,169 HIGHLIGHTS REVENUE AND 1,647 1,518 GROSS MARGIN ▪ Main presence in Peru OUR B2B BUSINESS PEN million 21.6% 16.9% 16.1% 15.0% 16.0% HAS THREE MAIN 2019 2020 2021 2022 20231 18% of consolidated revenue1 PLATFORMS: BAKERY, +6%2 FOOD SERVICE, AND 702 ▪ Main
Slide 16: Aquafeed
OUR BUSINESS UNITS Aquafeed +13%2 1,017 1,057 HIGHLIGHTS 650 719 REVENUE AND 548 GROSS MARGIN USD million 14.8% 14.2% ▪ Main presence in Ecuador 21.2% OUR AQUAFEED 19.2% 15.4% 2019 2020 2021 2022 20231 BUSINESS MAINLY 29% of consolidated revenue1 PRODUCES SHRIMP -4%2 FEED IN ECUADOR AND 224 193 192
Slide 17: Crushing
ALICORP AT A GLANCE Crushing2 Internal Consumption Third Parties (reported) 1,293 1,362 1,297 1,089 304 927 308 313 176 260 VOLUME SOLD ▪ Main presence in Bolivia Thousands of MT 829 985 1,058 984 750 15% of consolidated OUR CRUSHING 2019 2020 2021 2022 20231 revenue1 BUSINESS PRODUCES 1,081 SOYBEAN
Slide 18: Solid Liquidity and Strong Balance Sheet
SOLID LIQUIDITY AND STRONG BALANCE SHEET
Slide 19: Access to Funding and Debt
SOLID LIQUIDITY AND STRONG BALANCE SHEET Leverage INDEBTEDNESS EVOLUTION1 3.9 ▪ PEN 5.6 billion of available ACCESS TO uncommitted credit lines FUNDING 3.0 2.8 ▪ PEN 945 million of available 2.5 2.5 5,098 committed credit lines 4,590 3,974 4,033 4,107 DEBT ▪ 0.99x over next 12 months COVERAGE2,3 ▪ 0
Slide 20: Dividend Payment Evolution
SOLID LIQUIDITY AND STRONG BALANCE SHEET Dividend Payment Evolution 714 214 214 209 205 205 0.84 0.28 0.25 0.25 0.24 0.24 120 103 103 0.14 0.12 0.12 46 0.05 1 2013 2014 2016 2017 2018 2019 2020 2021 2022 2023 Dividend Paid (PEN million) Dividend per share (PEN) Dividend Yield2 1.2% 1.4% 0.8% 1.8% 2.
Slide 21: Innovation & Development
alicorp INNOVATION & DEWELOMENT
Slide 22: Innovation and Digital Initiatives
INNOVATION AND DEVELOPMENT Innovation and Digital Initiatives CAREFUL CAPITAL ALLOCATION TO KEEP HEALTHY PROFITABLE LEVELS Unique as your hair and Peru Bodegas (MOM & POPS) Restaurants and bakeries Shrimp farmers The first line of hair care products Accelerate growth of the traditional trade Digital
Slide 23: Investor Relations Contact
Misael Alvarez Peralta Investor Relations Officer InvestorRelations@alicorp.com.pe www.alicorp.com.pe