Coca-cola Femsa Sab De Cv Units Cons Of 5 Shs -l- + 3 Shs Series -b- · BMV:KOF/UBL
Coca-cola Femsa Sab De Cv Units Cons Of 5 Shs -l- + 3 Shs Series -b- — Coca-Cola FEMSA — Investor Presentation (2007)
19 slides from Coca-cola Femsa Sab De Cv Units Cons Of 5 Shs -l- + 3 Shs Series -b-'s investor presentation, 2007
Slide 1: A Growing Multi-National Company
A GROWING MULTI-NATIONAL COMPANY
Slide 2: Cautionary Statement
Cautionary Statement FORWARD-LOOKING STATEMENTS This presentation contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934 as amended. These forward-looking statements relate to Coca-Cola FEMSA, S.A. de C.V. and subsidiaries (“KOF”) and their bus
Slide 3: The Largest Bottler in Latin America
The Largest Bottler in Latin America We are the largest bottler in Mexico Latin America and the second largest bottler in the World Guatemala, Nicaragua, Costa Rica • The largest bottler in Mexico and Latin America & Panama – 2,085 million unit cases in the LTM as of September 2007, Venezuela more t
Slide 4: KOF Evolution After Panamco
KOF Evolution After Panamco 2002 LTM Sep 07 ∆ 02-LTM 07 Volume (millions UC) 620 2,085 + 236% Revenues (millions US$) 1,685 5,817 + 245% Assets (millions US$) 1,546 7,595 + 391% Manufacturing plants 9 31 + 22 Distribution Centers(1) 56 206 + 150 Population(1) (millions) 41 184 + 349% Points of Sale(
Slide 5: Sustainable Sparkling Beverage Growth
Sustainable Sparkling Beverage Growth Our multi-segmentation strategies combined with our execution have allowed us to increase per-capita consumption in our territories, delivering constant volume growth. KOF Sparkling Beverage Per Capita Consumption KOF- Sparkling Beverage Volume ( 8 oz presentati
Slide 6: Strong Top and Bottom Line Growth
Strong Top and Bottom Line Growth Strong top line growth, combined with efficiencies achieved through the value chain, have let us compensate for a difficult raw material environment in the last four years. Revenues EBITDA (Millions of US Dollars) ∆ (Millions of US Dollars) ∆ 5,818 39% 1,213 36% 337
Slide 7: Superior Track Record
Superior Track Record A clear sign of our increasing profitability is our EBITDA growth during the last 10 years… EBITDA (US$ millions) 1,214 1,131 1,029 899 742 537 518 438 330 243 244 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 LTM September 07 CAGR 97- LTM SEPTEMBER’07 17.0% Financial infor
Slide 8: Significant Debt Reduction
Significant Debt Reduction …allowing us to reduce almost US$ 1.5 billion of net debt since the acquisition of Panamco. Cash Net Debt $2,828 $2,545 330 240 $2,221 307 $1,985 $1,862 $1,835 $1,854 $1,866 $1,772 $1,777 162 301 356 695 384 619 725 2,498 2,305 1,914 1,700 1,534 1,498 1,388 1,290 1,247 1,0
Slide 9: Strong Partners
Strong Partners Before After New Vote: Panamco 37.0% Panamco 46.4% 37.0% Public Economic: 30.0% 39.6% 31.6% Before After New Before After New Panamco Panamco Panamco Panamco Vote: 63.0% 53.6% 63.0% Vote: 0.0% 0.0% 0.0% Economic: 51.0% 45.7% 53.7% Economic: 19.0% 14.7% 14.7% (1) Price of US$2.88 per
Slide 10: KOF's Recent Outlook
KOF’S RECENT OUTLOOK 10
Slide 11: Diversified Sustainable Growth
Diversified Sustainable Growth Second largest Coca-Cola Bottler in the world, with a strong top-line story, increasing revenues by 12% in nominal terms during the first nine months of 2007 More than 80% revenue growth outside of Mexico, which is providing a more balanced consolidated cash flow g
Slide 12: KOF LTM September 30, 2007
KOF LTM September 30, 2007 Volume (2,085 million unit cases) Revenues (US$ 5,817 million) EBITDA (US$ 1,214 million) 8% 6% 5% 15% 12% 14% 6% 50% 10% 53% 13% 11% 59% 10% 10% 7% 6% 7% Mexico Central America Colombia Venezuela Brazil Argentina Average Unit Price (US$/Unit Case) 3.66 3.23 3.02(1) 3.03 2
Slide 13: Double-Digit Growth in Still Beverages
Double-Digit Growth in Still Beverages As % of Total Volume (Per Country) 39.6 1.9% 32.8 5.5 3.2% Argentina 3 .6 4 .3 1.5% 22.5 2 .8 Brazil 19.0 8 .6 4.3% 18.2 8 .8 1. 6 Venezuela 2 .2 2 .6 0 .3 0 .8 2 .3 1.3% 1.6 1.7 8 .1 7 .2 Colombia 8 .5 9 .4 0 .3 5 .9 5.7% Central America 0 .3 2 .3 0 .5 1.9 1.8
Slide 14: Constant Innovation: Sabores
Constant Innovation : SABORES
Slide 15: Recent Events: Acquisitions
RECENT EVENTS ACQUISITIONS 15
Slide 16: Capturing Growth Opportunities
Capturing Growth Opportunities Leading KO System’s assertive incursion into the underdeveloped juice-based beverage segment in Mexico and Brazil, through the acquisition of Jugos Del Valle Increasing our platform by more than 30% in the growing brazilian market, by acquiring –REMIL– from KO, a b
Slide 17: A Vehicle for Significant Growth: Jugos del Valle
A Vehicle for Significant Growth Sales Volume by Category(2) JUGOS DEL VALLE 1,998 Million UC 14% 118 Million UC 2% COMPANY OVERVIEW • Main Markets: Mexico, Brazil and USA 80% • 2006 Revenues(1): US$ 445.1 million 85% – Mexico: US$ 309.0 million – Brazil: US$ 71.8 million TRANSACTION RATIONALE 20% •
Slide 18: Consolidation in Brazil
Consolidation in Brazil We have reached an understanding with KO to acquire a Minas Gerais - REMIL franchise territory in the state of Minas Gerais, which includes the third largest city in Brazil. We expect to close this transaction during the first quarter of 2008 The aggregate value for this
Slide 19: Reconciliation Table
Reconciliation Table Coca-Cola FEMSA In Mexican constant pesos as of the end of each period 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 1Q 2007 2Q 2007 3Q2007 Operating Income 1,210 1,591 2,051 2,940 3,796 4,440 6,707 7,702 8,683 9,456 2,274 2,779 2,822 Depreciation 266 336 551 823 763 558 966