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 — Non-Deal Roadshow (October 2011)
19 slides from Coca-cola Femsa Sab De Cv Units Cons Of 5 Shs -l- + 3 Shs Series -b-'s roadshow presentation, October 2011
Slide 1: Slide 1
Slide 2: Cautionary Statement
Cautionary Statement 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 an
Slide 3: Largest bottler in the world in terms of sales volume
Largest bottler in the world in terms of sales volume 2.5 Bn Unit Cases US$ 8.9 Bn in Revenues US$ 1.8 Bn in EBITDA 20.4% EBITDA margin more than 200 MM consumers Close to 1.6 MM points of sale almost 70,000 employees KOF Figures: Full year 2010 1
Slide 4: Solid track record of growth
Solid track record of growth Operations in the rest of Latin America have contributed importantly to top- … 44% Revenues FY 2004 56% (US$ 4,176 Mn) CAGR 2004‐LTM 2Q’11: 11 % LTM 2Q’11 (US$ 8,877 Mn) Mexico and Central America division South America division … and bottom-line growth, balancing the so
Slide 5: Strategic partner to the Coca-Cola System
Strategic partner to the Coca-Cola System… KOF has presence in some of the system’s most important markets… 675 Per Capita Consumption of KO Products(1) 445 394 318 319 258 229 204 178 159 125 139 143 144 69 89 Australia Worldwide Colombia Italy Panama Argentina UK Japan Russia Mexico Phillipines Fr
Slide 6: …towards fulfilling its 2020 vision
…towards fullfilling its 2020 vision KOF has pursued important opportunities to drive the system’s growth… “… we partnered with Coca-Cola FEMSA to jointly acquire the Jugos del Valle business in 2007… Today, …we have expanded Del Valle to 34 flavors and varieties in 15 countries, making Del Valle th
Slide 7: Diversified and balanced footprint
Diversified and balanced footprint Mexico and Central America South America Per Cap. Cons.(1) 497 204 Pop. served (2) 69 132 POS (3) 725 851 Volume (4) 1,430 1,117 Revenue (5) 3,923 4,955 EBITDA (5) 855 958 (1) 8 Oz. servings Total Beverages (2) Millions (3) Thousands (4) (5) Millions of unit cases
Slide 8: Dynamic and attractive socioeconomic profile
Dynamic and attractive socioeconomic profile KOF’s territories throughout Latin America enjoy an attractive demographic profile going forward (1) Population Age Distribution Expected Population Growth (millions) 42 17% 42% 29 53% 40% 30% 18% 2 KOF Territories G7 Countries 2011 2012 2013 2014 2015 20
Slide 9: Our strategic framework allows us to continue building capabilities
Our strategic framework allows us to continue building capabilities 7
Slide 10: Segmentation is one of our core capabilities
Segmentation is one of our core capabilities We have evolved from a volume driven model to a value based segmentation approach to capture the industry’s value potential and reach the full operating potential of our commercial models and processes Modern Improve Core Commercial Trade Service / Effici
Slide 11: One of the widest beverage portfolios
One of the widest beverage portfolios Diversified portfolio Relevant Local Brands Returnability + 520 mm UC in 2010 Increased Complexity 9
Slide 12: Myths are meant to be broken
Myths are meant to be broken Myth: Sparkling beverages have reached their ceiling in Mexico KOF has grown sparkling beverages ahead of GDP growth while gaining share… Colas Flavors Sparkling Beverages: SOM SOS SOM SOS 3% CAGR (Volume ‘04-’11) Mexico GDP 2% CAGR (‘04-’11) +0.8 +2.6 +0.3 0.0 (‘04-’11)
Slide 13: Innovation as key driver to our growth
Innovation as key driver to our growth Execution Packaging Categories Commercial Models IT enables Innovation 11
Slide 14: Growing footprint in our key markets through flexible and value creating transactions
Growing footprint in our key markets through flexible and value creating transactions… CIMSA and Grupo Tampico´s Beverage Division Consolidate KOF’s leadership position in Mexico Aggregate EV of Ps. 20,300 million and in Latin America Issuance of 63.5 MM and 75.4 MM KOF L Estimated synergies
Slide 15: In addition to our incursion in additional relevant categories in the NAB industry
..,in addition to our incursion in additional relevant categories in the NAB industry Estrella Azul in Panama Revenue Breakdown 2010 ~US$ 140 million On March 28, KOF acquired Estrella Azul, a leading Panamanian dairy and juice-based beverage company founded in 1956 Enables the Company to enter
Slide 16: Driving a sustainable business
Driving a sustainable business Recycling / Solid waste: Since 2004 we have recycled 345,000 tons of material in our plants Our bottles use up to 30% recycled material We have the lightest 20 Oz. Contour bottle in the system Water stewardship: In the past 3 years we have planted more than 12 million
Slide 17: Solid Financial position
Solid Financial position KOF has increased its dividend payout driven by strong cash flow generation 400 360 3.5 350 3 Historical Dividend and 300 Net Debt/EBITDA evolution 2.5 250 (US$ mm)(1) 200 2 200 1.5 150 Net Debt to EBITDA 90 103 100 75 1 59 57 61 45 50 0.5 0 0 2002 2003 2004 2005 2006 2007 2
Slide 18: How do we envision growth?
How do we envision growth? Strong market execution Capture additional value from the industry Improving per capita consumption Attractive demographic profile Strong Cash Flow Generation & Solid Balance Sheet Doing all of this in a sustainable manner 16
Slide 19: Thank you!
Thank you!