Grupo Nutresa S.a. · BVC:NUTRESA
Grupo Nutresa — Q4 2021 Earnings Presentation
19 slides from Grupo Nutresa's earnings presentation, Aug 1, 2022
Slide 1: Grupo Nutresa Earnings Results 4Q 2021
Grupo Nutresa Earnings Results 4Q 2021
Slide 2: In 2021 we obtained the best qualification in sustainability indices
#1 in 2021 WE OBTAINED THE BEST QUALIFICATION IN: Cooperating with people, our Preserving the planet Inspiring growth, development and partners and society innovation ● ● Materiality ● Health & nutrition Environmental reporting ● ● ● Operational eco-efficiency Customer relationship management Social
Slide 3: Events of Interest - Recognitions
EVENTS OF INTEREST - RECOGNITIONS Grupo Nutresa continues to consolidate its 2021 Portfolio Award in the Digital internationalization strategy Transformation category Grupo Nutresa, through its Coffee Business, obtained Grupo Nutresa obtained the Digital Transformation the 2021 National Export Award
Slide 4: Colombia & international sales 4Q2021
Colombia & international sales 4Q2021 Colombia sales + 17,6% Q 10,6% * 625,2 Sales per COP 2.217,5 21,1% P 7,9% business unit Billion COP + 23,5% + 12,1% + 24,6% 316,7 301,8 + 30,3% + 31,7% Percentage variation in volume (Q) and + 18,0% + 21,4% 272,4 221,9 202,3 prices (P) Billion COP 159,1 117,9 %
Slide 5: Sales 4Q2021
Sales 4Q2021 Total Sales Sales per COP 3.603,0 22,2% business unit Billion COP + 15,9% + 18,6% 683,9 Organic 645,9 + 14,1% COP 3.554,9 + 20,5% + 32,2% 551,7 Billion COP 526,1 + 44,5% + 18,0% + 30,7% 338,3 Billion COP 293,7 284,4 + 18,0% 159,1 + 22,3% 119,9 Others Biscuits Cold cuts Chocolates Coffee
Slide 6: Colombia & international sales accumulated 2021
Colombia & international sales ACCUMULATED 2021 + 11,0% Q + 2,9% * Colombia sales Sales per 2.140,9 P + 8,0% COP 7.779,3 16,3% business unit Billion COP + 5,4% + 10,3% + 19,4% + 35,0% 1.080,7 1.156,4 + 51,1% + 19,2% Percentage variation in volume (Q) and 787,8 + 5,0% 957,2 659,7 prices (P) Billion C
Slide 7: Sales accumulated 2021
Sales ACCUMULATED 2021 Sales total Sales per COP 12.738,3 14,5% + 9,8% business unit Billion COP + 1,1% 2.356,3 2.248,7 + 13,1% + 18,3% Organic 1.964,9 1.882,6 COP 12.648,0 + 13,7% Billion COP + 7,6% + 46,0% 1.202,6 + 46,0% 1.117,4 Billion COP 964,0 + 19,2% 575,3 + 5,4% 426,5 Others Biscuits Cold cu
Slide 8: Market Share
MARKET SHARE Colombia + TMLUC Consolidated market share in Colombia: 53,7% -0,1% Cold Cuts Biscuits Chocolates Coffee TMLUC Ice Cream Pasta Retail Food 57,5% 50,6% Chocolate Roast and ICB* (A) Ice Cream 53,3% #1 -0,7% -0,8% confectionery (A) ground 61,0% #1 1,1% in Hamburgers and 70,5% coffee (A) 1,
Slide 9: Sales by region 2021
Sales by region 2021 United States Dominican Republic and the Carribbean 11,4% 1,9% Mexico Venezuela 3,0% 61,1% Colombia Central America Peru 10,2% 2,0% Colombia Chile 38,9% 61,1% 6,4% International Ecuador Others 1,3% 2,7% Convention Production Distribution Services 9
Slide 10: Raw materials: Grupo Nutresa COGS breakdown
Raw materials Grupo Nutresa Cogs Breakdown Commodities Index (GNCI) 2021 14,6% Packing material 280 13,8% Coffee Other 37,0% 250 7,7% Pork 220 6,1% Wheat 190 4,9% Cocoa 160 4,4% Oils & fats 130 144 4,2% Sugar 100 113 112 107 78 81 3,1% Beef 95 70 87 87 86 82 2,8% Milk 2011 2012 2013 2014 2015 2016 2
Slide 11: EBITDA 4Q2021
EBITDA 4Q2021 EBITDA EBITDA per COP 354,8 8,6% business unit Billion COP 24,5% Margin EBITDA + 47,1% 9,8% 10,0% 69,8 7,7% + 8,4% - 17,2% 55,0 8,2% 49,9 5,4% + 39,6% 12,6% - 44,0% 43,3 + 43,3% 8,1% Billion COP 36,8 36,9 12,7% + 116,0% - 1,5% 12,9% 27,3 + 23,3% 20,2 15,5 Otros Others Biscuits Cold cut
Slide 12: EBITDA accumulated 2021
EBITDA ACCUMULATED 2021 EBITDA EBITDA per COP 1.532,4 6,2% business unit Billion COP 13,4% Margin EBITDA 9,6% + 13,0% 11,9% 23,3% 12,0% 9,1% - 20,0% 262,5 + 3,2% + 172,0% - 32,0% 227,3 224,6 224,9 204,9 12,3% + 2,0% 147,8 Billion COP 15,6% 8,0% + 15,5% 14,3% + 122,0% 89,8 - 2,6% 89,5 61,0 Others Bis
Slide 13: Income statement 4Q2021
Income statement 4Q2021 2021 4Q % Revenues 2020 4Q % Revenues % Var. Continuing operations Operating revenue 3.602.981 2.949.271 22,2% Cost of goods sold -2.226.916 -61,8% -1.722.629 -58,4% 29,3% Gross profit 1.376.065 38,2% 1.226.642 41,6% 12,2% Administrative expenses -154.531 -4,3% -125.259 -4,2%
Slide 14: Income statement accumulated 2021
Income statement ACCUMULATED 2021 2021 % Revenues 2020 % Revenues % Var. Continuing operations Operating revenue 12.738.271 11.127.541 14,5% Cost of goods sold -7.610.884 -59,7% -6.465.128 -58,1% 17,7% Gross profit 5.127.387 40,3% 4.662.413 41,9% 10,0% Administrative expenses -547.290 -4,3% -483.735
Slide 15: Consolidated net debt
Consolidated net debt 3.500 2.808 2.906 3.000 2.709 2.596 2.479 2.441 2.419 2.500 Billion COP 1.752 2.000 1.581 1.500 1.000 500 0 Dec-13 Dec-14* Dec-15* Dec-16* Dec-17* Dec-18* Dec-19* Dec-20* Dec-21* Net debt 1.581 1.752 2.808 2.906 2.596 2.441 2.709 2.419 2.479 Net debt / EBITDA 1,90 2,10 2,88 2,8
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
Slide 17: Financial position 2021 (assets)
Financial position 2021 December 2021 December 2020 % Var. ASSETS Current assets Cash and cash equivalents 862.706 933.564 -7,6% Trade and other receivables, net 1.382.671 1.191.711 16,0% Inventories 1.742.562 1.379.984 26,3% Biological assets 191.894 127.614 50,4% Other assets 414.755 228.087 81,8%
Slide 18: Financial position 2021 (liabilities)
Financial position 2021 December 2021 December 2020 % Var. LIABILITIES Current liabilities Financial obligations 178.658 486.736 -63,3% Right-of-use liabilities 107.253 126.727 -15,4% Trade and other payables 1.758.083 1.283.494 37,0% Tax charges 230.484 240.011 -4,0% Employee benefits liabilities 2
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