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 (March 2021)
22 slides from Coca-cola Femsa Sab De Cv Units Cons Of 5 Shs -l- + 3 Shs Series -b-'s investor presentation, March 2021
Slide 1: Coca-Cola FEMSA Investor Presentation
Coca-Cola FEMSA Investor Presentation
Slide 2: Disclaimer
Disclaimer FORWARD-LOOKING STATEMENTS This presentation contains “forward-looking statements”. These forward-looking statements relate to Coca-Cola FEMSA, S.A.B. de C.V., its Subsidiaries (“KOF”), and their businesses and are based on KOF management’s good faith expectations regarding KOF and its bu
Slide 3: Agenda
Agenda 1) Company Overview 2) Key Investment Highlights 3) COVID 19 & Sustainability Strategy 4) Financial Summary A) Appendix
Slide 4: Coca-Cola FEMSA at a Glance
Coca-Cola FEMSA at a Glance Largest Coca-Cola Franchise Bottler in the World by Volume, selling 1 out of every 9 Coca-Cola products in the world Attractive Regions Largest franchise bottler of Coca-Cola trademark beverages in Strategic Partner to The Cola-Cola the world in terms of volume System R
Slide 5: Our footprint
Our footprint A geographically diversified bottler, ideally placed to capture its many opportunities Mexico & Central America South America ~108.5 million consumers ~157.3 million consumers ~1.1 million points of sale ~.9 million points of sale ~ 9.8 bn transactions ~7.6 bn transactions ~1.9 bn unit
Slide 6: Agenda
Agenda 1) Company Overview 2) Key Investment Highlights 3) COVID 19 & Sustainability Strategy 4) Financial Summary A) Appendix
Slide 7: Our key investment highlights and strategy remain our long-term guide
Our key investment highlights and strategy remain our long-term guide STRATEGIC PARTNER TO PRESENCE IN MARKETS MARKET LEADERSHIP COCA-COLA COMPANY. WITH LONG-TERM SUPPORTED BY STRONG KOF IS THE LARGEST CONSUMPTION TAILWINDS BRANDS AND CONTINUOUS FRANCHISE BOTTLER IN THE INNOVATION ADDRESSING WORLD C
Slide 8: Strategic Partner to The Coca-Cola Company; Presence in Markets with Consumption Tailwinds
Strategic Partner to The Coca-Cola Company and the Largest 1 Franchise Bottler in the World by Volume 2 Presence in Markets with Long-term Consumption Tailwinds Argentina & Uruguay (Volume as of 2020 in mmUC(1)) KOF Sells ~11% of The Colombia Coca-Cola Company (3) EBITDA (“KO”)’s global volume Centr
Slide 9: Market Leadership Supported by Brands and Continuous Innovation
3 Market Leadership Supported by a Portfolio of Brands and Continuous Innovation 4 Consumer-centric Business Model Strongly Committed to Sustainability Goals Coca-Cola Brands Powerful consumer-centric business model 5 World Best The Coca-Cola Logo is Brand Recognized by (1) 94% of the world (Interbr
Slide 10: Cash Flow Track-Record and Experienced Management Team
Track-Record of Delivering Strong Cash Flow 5 with a Disciplined Approach to Leverage 6 Experienced Management Team Years at KOF (Figures in USD MM) +26 +3 +8 Cash Flow from Operations(1) 1,689.8 1,767.1 1,658.2 1,660.3 1,570.2 1,348.4 1,344.6 1,401.3 John Constantino José Ramón Santa Maria Spas Mar
Slide 11: Agenda
Agenda 1) Company Overview 2) Key Investment Highlights 3) COVID 19 & Sustainability Strategy 4) Financial Summary A) Appendix
Slide 12: COVID-19 Strategy – KOF's 5 C's Program Key Actions
COVID-19 Strategy – KOF’s 5 C’s Program Key Actions Guiding our business through short-term operating disruptions while ensuring execution of our long-term goals Collaborators Clients Consumers Communities Cash Flow Leverage our direct to Remain close to our clients Help communities in need Implemen
Slide 13: KOF's Strategy Yielding Successful Results as Demonstrated by 2020 Performance
KOF’s Strategy Yielding Successful Results as Demonstrated by 2020 Performance Resilient Volume Performance Ability to Mitigate Headwinds Strong Margins December 2020 December 2020 (4.3%)(1) (4.0%)(1) Impact was mostly mitigated +120bps Operating Cash GDP Growth 2020 GDP Growth2020 (8..5%)(2) (6.8%)
Slide 14: Sustainability is a KOF's Business enabler
Sustainability is a KOF’s Business enabler We have delivered on our 2020 goals and on track to deliver our 2030 world without waste goals Climate Change Water Stewardship Circular economy • We have accomplished 80% • We improved our water use ratio • We used 29% of recycled materials coverage of our
Slide 15: Agenda
Agenda 1) Company Overview 2) Key Investment Highlights 3) COVID 19 & Sustainability Strategy 4) Financial Summary A) Appendix
Slide 16: Debt Maturity Profile as of December 31st, 2020
Debt Maturity Profile as of December 31st, 2020 Pro Forma Debt Profile(1) Credit Ratings(1) Debt mix by Currency Debt mix by Rate BBB+ A- A2 Dr.Pepper Heineken Other:3% ABInbev Hellenic Amatil Swire COKE BRL:11% Pepsi CCEP Arca Float: 20% KO Float: 8% COP:1% A1 USD:27% MXN:MXN:57% 64% Fix: 80% A2 Fi
Slide 17: Leverage Evolution
Leverage Evolution Gross Debt / LTM EBITDA Net Debt/ EBITDA Cash KOF’s Net Debt 2.56 2.52 2.13 2.10 2.16 2.22 2.25 2.06 1.94 (USD MM) 2.37 1.07 1.79 1.75 1.61 1.60 1.52 1.41 1.31 1.13 4,663 4,380 4,446 0.22 4,253 4,308 4,098 1,330 3,767 333 846 3,729 3,836 619 824 1,140 1,015 2,187 1,594 2,308 3,634
Slide 18: Consolidated Financial Summary
Consolidated Financial Summary USD.mm (1) Total Revenues Gross Profit Operating Income Volume 3,318 3,322 3,369 3,284 Gross Mg EBIT Mg 10,319 4,643 1,292 1,269 9,286 9,264 9,231 4,231 4,265 4,163 965 954 45.6% 46.0% 45.0% 45.1% 13.9% 13.7% 10.3% 9.2% 2017 2018 2019 2020 2017 2018 2019 2020 2017 2018
Slide 19: Agenda
Agenda 1) Company Overview 2) Key Investment Highlights 3) COVID 19 & Sustainability Strategy 4) Financial Summary A) Appendix
Slide 20: Coca-Cola FEMSA at a glance: Disciplined Approach to Capital Allocation
@ Coca-Cola FEMSA ata glance Oven seranes Volume (MM UC) 1004 - 308 2018 -3322 Our Disciplined Approach to Capital Allocation Has Enabled Us to Grow ait Total leverage") Leao Alimentos in Brazil. ABASA and Los Voicanes in Guatemala and Uruguay. Bueno§ Aires, Argentina Jugos del Valle E i i, In Mexic
Slide 21: First Green Bond placement leveraging sustainability commitments
KOF was able to leverage on its environmental and sustainability commitments and achievements to successfully place its first Green Bond in the market On August 26th, 2020, we priced USD 705MM in the Yankee market with the Green Label recognition The transaction represents the lowest ever coupon p
Slide 22: Consolidated Financial Summary
Consolidated Financial Summary (Figures in Ps.mm, unless otherwise stated) 2017 2018 2019 6M'19 6M'20 2Q'20 LTM (1) Income Statement Total revenues 183,256 182,342 194,471 94,444 88,341 188,368 YoY Growth 16.6% (0.5%) 6.7% (6.5%) Cost of goods sold (99,748) (98,404) (106,964) (51,349) (48,593) (104,