Companhia Brasileira De Distribuicao · BMFBOVESPA:PCAR3
Companhia Brasileira De Distribuicao — Brazilian Distribution Co Companhia Brasileira DE Distr CBD — Q3 2015 Earnings Presentation
12 slides from Companhia Brasileira De Distribuicao's earnings presentation, Oct 30, 2015
Slide 1: 3Q15 Earnings Presentation
3015 Earnings F Presentation October 30, 2015 extra @a BD rerssoenro minuto Qs GPA maits PGodeA¢cucar 2 © eXtla.ont fpantofria.cam =| Cdiscount | pontofrio(
Slide 2: GPA: Food segment resilience and solid financial capacity
GPA Net sales: R$16.1 billion EBITDA): R$ 732 million EBITDA Margin'): 5.796 Reduction in net debt): R$ 653 Number of Stores: 2,164 Food segment resilience and solid financial capacity of the Group Net sales reach R$16.1 billion: Food segment grew 7.3% in the quarter, outperforming the sector“) EBIT
Slide 3: Key figures for 3Q15 and 9M15
Key figures for 3Q15 and 9M15 Consolidated, comparable basis) RS ‘000 3015 Change vs. Change vs. 3Q14 9M14 Gross profit 3,469 -8.6% -2.7% Gross margin 26.8% -130bps -30bps SG&A -2,786 +3.4% +5.5% SG&A (% net sales) 21.5% +160bps +150bps EBITDA”) 732 -36.5% -21.6% EBITDA margin?) 5.7% -280bps -160bps
Slide 4: Cash discipline and low leverage support solid financial capacity
Cash discipline and low leverage level support a solid financial capacity, despite the worsening macroeconomic scenario Indebtedness (RSmillion) 3014 315 (2,644) (1,991) om | om ll = Reduction in net debt of R $ 653 million = Cash of RS$5.4 billion and R$ 1.2 bilion in receivables not advanced = Len
Slide 5: Multivarejo
minuto @BBprecsenae Poon heater Net sales: R$8.9 billion EBITDA”: R$ 536 million EBITDA Margin”: 6.1% Number of Stores: 1,148 (2) Adjusted EBITDA and adjusted EBITDA margin; (2) Based on data for July and August published by the Brazilian Supermarkets Association (ABRAS) Customer flow improvement on
Slide 6: Pão de Açúcar: consistent performance with market share gains
Consistent performance of banner, with continued gains in market share = Accelerated sales growth in 3Q15 vs. 1H15 (+7.7% vs. +6.5%), coupled with market share gain, maintaining the track record of more than 2 years outperforming the market PdodeAcucar ; ; : = Opening of 4 stores in the quarter and
Slide 7: Minuto: acceleration of growth through organic expansion
ERD mercado extra minuto PGodeActicar Ma Net sales: R$ 245 million Number of Stores: 301 3rd Quarter 2015 Earnings Presentation — October 30, 2015 Acceleration of growth through sales and strong organic expansion Gains in market share in the last 9 months Expansion: - 13 new stores in the quarter, 1
Slide 8: Extra: Store Modernization Program obtaining significant consumer response
Store Modernization Program already obtaining significant consumer response —“ extra |. =. - Modernized stores have sales growth exceeding 1000 bps Hypermarkets and Supermarkets in relation to others = Increasing customer satisfaction with the shopping - experience in modernized stores eaieeaae R$ 3
Slide 9: Assaí: solid sales growth and same-store double digit
Fr» Solid sales growth of 22.3% and same-store double digit, with strong organic expansion and increase in net income of 65.9% ATACADISTA same Net sales: RS2.6 billion = Double-digit same-store sales growth, accelerating EBITDAW: RS 102 million compared to first half and growth in customer traffic E
Slide 10: Via Varejo: efficiency measures and commercial initiatives
Continuation of measures to improve ALL efficiency and optimize costs and focus on viavarejo intensifying commercial initiatives to revamp sales Net Sales: R$4.1 billion EBITDA: R$196 million EBITDA Margin": 4.8% Number of Stores: 1,016 * Sales showed no further deterioration from 2Q to 3Q and began
Slide 11: Cnova: positive cash flow sustained by working capital gains
Positive cash flow sustained by working Cnova capital gains and Capex control SDISCOURT & NOVA FONTOCOM Cnova BR: Sales dynamics supported the important 18.1% growth in GMVE): 417.6% GMV, despite the more challenging macro scenario Net Sales(: +9.1% Share of marketplace: 22.7% Gross Margin: 12.5% =
Slide 12: Signatures
SIGNATURES Pursuant to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. COMPANHIA BRASILEIRA DE DISTRIBUIÇÃO Date: October 30, 2015 By: /s/ Ronaldo Iabrudi Name: Ronaldo Iabrud
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