Grupo Nutresa S.A. · BVC:NUTRESA
Grupo Nutresa — Q1 2023 Earnings Presentation
13 slides from Grupo Nutresa's earnings presentation, April 2023
Slide 1: Grupo Nutresa Earnings Results 1Q 2023
Grupo Nutresa Earnings Results 1Q 2023
Slide 2: Highlights - Acknowledgments
Highlights- Acknowledgments Food S&P Global ESG 2022 Score On February 7th, 2023. The position and score are specific to the industry and reflect the evaluation and exclusion criterial Grupo Nutresa among the top 5% of food Grupo Nutresa, the most environmentally companies in the S&P Global Sustaina
Slide 3: Colombia & international sales 1Q 2023
Colombia & international sales 1Q 2023 + 16,0% Q 2,8% * Colombia sales 708,3 P 24,6% + 28,7% + 56,4% + 26,6% Sales per business COP 2.807,6 27,2% + 24,8% unit Billion COP 404,5 381,5 402,8 + 21,9% + 30,2% + 30,9% 341,8 204,1 205,9 Percentage variation in volume (Q) and Billion COP 158,2 prices (P) %
Slide 4: Total sales 1Q 2023
Total sales 1Q 2023 Total sales Sales per business COP 4.880,5 35,7% unit Billion COP + 43,8% + 51,9% 921,6 877,1 + 15,4% + 35,7% 754,7 719,4 + 44,5% + 32,2% Billion COP 467,9 439,9 + 29,7% 330,5 + 30,2% + 30,1% 206,0 163,4 Biscuits Coffee Cold cuts Chocolates TMLUC Retail Food Ice Cream Pasta Other
Slide 5: Sales by region
Sales by region 2023 United States 14,4% Mexico Convention 4,0% Cold cutss Biscuits Dominican Republic and the Carribbean 1,9% Chocolates 57,5% Central America Coffee Colombia 11,2% TMLUC Ice cream Venezuela Pasta Retail Food Colombia 57,5% Other 42,5% Production International Ecuador 1,1% Distribut
Slide 6: Raw materials and COGS breakdown
Raw materials Grupo Nutresa Cogs Breakdown Commodities Index (GNCI) 2023 180 1,2% Poultry Other 33,4% 2,7% Beef 160 3,2% Milk 140 4,0% Cocoa 120 4,0% Sugar 121 4,9% Oils&Fats 112 100 107 110 6,4% Pork Coffee 20,2% 80 87 87 86 6,8% Wheat 82 78 81 13,2% Pack. Mat. 60 2014 2015 2016 2017 2018 2019 2020
Slide 7: EBITDA 1Q 2023
EBITDA 1Q 2023 EBITDA EBITDA per COP 647,1 38,2% 15,3% business unit Billion COP + 118,4% 17,3% EBITDA Margin 141,0 + 41,3% 13,3% 11,2% 124,3 + 58,9% 11,0% 98,1 + 14,1% 20,8% 83,4 + 31,6% Billion COP 8,8% 68,7 + 1,0% 16,1% 7,5% + 7,3% 14,8% + 0,4% 41,3 + 0,9% 33,2 32,9 24,2 Biscuits Coffee Cold cuts
Slide 8: Income statement 1Q 2023
Income statement 1Q 2023 2023 1T % Revenues 2022 1T % Revenue % Var. Continuing operations Operating revenue 4.880.506 3.597.442 35,7% Cost of goods sold -3.043.369 -62,4% -2.223.204 -61,8% 36,9% Gross profit 1.837.137 37,6% 1.374.238 38,2% 33,7% Administrative expenses -172.083 -3,5% -144.729 -4,0%
Slide 9: Consolidated net debt
Consolidated net debt 4.000 3.490 3.500 3.311 Billion COP 2.808 2.906 3.000 2.596 2.709 2.441 2.419 2.479 2.500 2.000 1.752 1.500 1.000 500 0 Dec-14* Dec-15* Dec-16* Dec-17* Dec-18* Dec-19* Dec-20* Dec-21* Dec-22* Mar-23* Net debt 1.752 2.808 2.906 2.596 2.441 2.709 2.419 2.479 3.311 3.490 Net debt/
Slide 10: 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/en/c
Slide 11: Financial position - assets
Financial position 2023 March 2023 December 2022 % Var. ASSETS Current assets Cash and cash equivalents 1.060.346 1.060.247 0,0% Trade and other receivables, net 2.006.315 1.856.746 8,1% Inventories 2.907.381 3.004.244 -3,2% Biological assets 248.802 259.373 -4,1% Other assets 655.526 619.202 5,9% N
Slide 12: Financial position - liabilities
Financial position 2023 March 2023 December 2022 % Var. LIABILITIES Current liabilities Financial obligations 829.192 588.630 40,9% Right-of-use liabilities 104.772 101.236 3,5% Trade and other payables 2.451.239 2.237.380 9,6% Tax charges 402.437 348.993 15,3% Employee benefits liabilities 251.311
Slide 13: 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