Grupo Bimbo Sab De Cv Class A · BMV:BIMBO/A
Grupo Bimbo Sab De Cv Class A — Investor Presentation (2019)
19 slides from Grupo Bimbo Sab De Cv Class A's investor presentation, 2019
Slide 1: Investor Presentation Fourth Quarter 2018
INVESTOR PRESENTATION Fourth Quarter 2018
Slide 2: Grupo Bimbo Today
Grupo Bimbo Today Control Group: 75% Float: 25% Points of Market cap(1) Sales(2) Adj. EBITDA(2) Countries Plants Routes Associates Products sale US$9.4 Bn US$15.0 Bn US $1.6 Bn 32 199 ≈60,000 ≈3.3 mm ≈138,000 ≈13,000 North America Mexico Latin America EAA U.S. Canada ______________ (1) As of Decembe
Slide 3: Globally Present, Locally Committed
Globally Present, Locally Committed North America(1) Latin America(2) Emerging • Sales: 50% • Sales: 10% EAA(3) Markets 43% 81 32 • Sales: 9% Grupo Bimbo 48 Sales Split Developed Markets(4) Mexico 57% • Sales: 31% 38 ____________ Figures for the last twelve months ended as of December 31 st, 2018 (1
Slide 4: #1 Player in the Industry with High Growth Potential
#1 Player in the Industry with High Growth Potential Grupo Bimbo 4.5% Industry • Resilience to economic downturns Fundamentals • Non-discretionary consumer products Artisanal • High consumption frequency 31% US $426 Bn Competitive • Highly fragmented industry Dynamics • Short shelf life of products
Slide 5: Strong Leadership Position Across Markets
Strong Leadership Position Across Markets North America Mexico Latin America(1) EAA(1) Sliced Modern Channel Bread Buns & (2) 1 Supermarkets, convenience Rolls stores, among others Bagels ∙ (4) CCAAT TEEGGOORRI IEESS Traditional 2 CCHHAANNNNEELLSS English Muffins ∙ “Mom & pops”
Slide 6: Global Brands with Top of Mind Awareness
Global Brands with Top of Mind Awareness + US $500 + US $100 2 10 M I L L I O N Brands Brands MILLION + US $1 5 Brands + US $250 5 Brands BILLION MILLION 19* 11* 14* 20* ____________ *Brands in more than 10 countries Source: Internal information on estimated retail sales by brand considering the las
Slide 7: World Class Production and Distribution Capabilities with Superior Execution at the Point of Sale
World Class Production and Distribution Capabilities with Superior Execution at the Point of Sale Focused on 199 facilities Investing in robotic with access to state- low cost process of-the-art technology production automation Benefit from Scale and Efficient Production Capabilities Our distributio
Slide 8: Our Innovation Platform
Our Innovation Platform 2018 Success Stories Disruptive product innovation In-store bakery E-commerce Distribution capabilities Investment in promising start ups Leveraging disruptive techology Electric vehicles TECHNOLOGY Big Data: increasing our information processing and storage c
Slide 9: The Management Team has Positioned Grupo Bimbo as a Global Market Leader
The Management Team has Positioned Grupo Bimbo as a Global Market Leader Top Management • Track record of stability and sustainable growth • Successfully developed and consolidated market leadership DANIEL SERVITJE • Focus on effective and rapid response to the constantly changing consumer Chairman
Slide 10: Building a Sustainable, Highly Productive and Deeply Humane Company
Building a Sustainable, Highly Productive and Deeply Humane Company First Company in Mexico to Bimbo Global Energy Race produce Clean Energy 2018 setting in motion 110K Certificates for Distributed participants in 23 countries Generation Grupo Bimbo will match Joined RE100, with 100% of U.S. energy
Slide 11: Sustained Growth with Potential to Increase Profitability
Sustained Growth with Potential to Increase Profitability Net Sales(1) Adj. EBITDA(1) 288.3 31.7 29.3 267.5 27.3 252.1 23.4 219.2 176.0 187.1 18.4 17.3 2013 2014 2015 2016 2017 2018 2013 2014 2015 2016 2017 2018 GB 9.8% 9.8% 10.7% 11.6% 10.2% 11.0% Mexico 15.8% 16.7% 17.6% 19.1% 17.7% 18.2% North Am
Slide 12: 2018 Snapshot
2018 Snapshot: Investing to enhance Growing in a sustainable way profitability • Closed the year with record levels in net • Restructuring investments sales, gross profit, operating income and o VSP in the U.S. adjusted EBITDA, highlighting the strong sales o Organizational restructuring in Canada p
Slide 13: Looking Forward
LOOKING FORWARD By 2020, we transform the baking industry and expand our global leadership to better serve more consumers 13
Slide 14: Accelerating and Creating Venues of Growth
Accelerating and Creating Venues of Growth • New growth avenue for Grupo Bimbo Bimbo • Present in 73% of the global QSR markets QSR • High growth industry • World’s most populated country • 2nd largest economy • 6.6% average GDP growth • Increased manufacturing footprint from 1 to CHINA 10 plants(1)
Slide 15: Proven Track Record of Deleveraging
Proven Track Record of Deleveraging Leverage Total debt/ Adj. EBITDA 2 3.3 1 1 3.3 3.1 3.2 3 2.9 3 2.8 2.8 2.3 2.3 2.1 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 US$ 2.4 bn US$ 709 mm CAD$ 1.8 bn US$ 650 mm ____________ (1) Pro-forma leverage ratio with the acquisition of Weston Foods an
Slide 16: Conservative Debt Profile and Ample Liquidity
Conservative Debt Profile and Ample Liquidity Currency Mix % (1) Total Debt: US$4,442mm Avg. Tenor: 10.6 yrs. MXN Avg. Cost: 5.97% 36% Ratings: BBB/Baa2/BBB S&P/Moody´s/Fitch Figures in US$ mm as of 4Q’18 USD 59% US$2.0bn CAD in undrawn committed revolver facilities 5% 800 800 800 650 500 494 500 39
Slide 17: Key Investment Highlights
Key Investment Highlights Global consumer food company, leader in the baking industry, with diversified portfolio Growth opportunity within a of categories, channels and geographic fragmented industry presence Global brands with top of mind awareness Proven sustained growth with history of margin ex
Slide 18: Thank you!
www.grupobimbo.com ir@grupobimbo.com Thank you! 18
Slide 19: Disclaimer
Disclaimer The information contained here in has been prepared by Grupo Bimbo, S.A.B. de C.V. (the “Company") solely for use at this presentation. This presentation does not purport to contain all of the information that may be required to evaluate any investment in the Company or any of its securit