Grupo Nutresa S.a. · BVC:NUTRESA
Grupo Nutresa — Q3 2021 Earnings Presentation
19 slides from Grupo Nutresa's earnings presentation, November 2021
Slide 1: Grupo Nutresa Earnings 3Q 2021
Grupo Nutresa Earnings 3Q 2021
Slide 2: Highlights – Grupo Nutresa will trade its shares on the Santiago Stock Exchange
HIGHLIGHTS– GRUPO NUTRESA WILL TRADE ITS SHARES ON THE SANTIAGO STOCK EXCHANGE • Since last October 20, the shares of Grupo Nutresa and other five Colombian companies can be traded on the Santiago Stock Exchange. • This operation is possible thanks to the agreement of the stock exchanges of both cou
Slide 3: Highlights – Business development
HIGHLIGHTS– BUSINESS DEVELOPMENT On August 11, Grupo Nutresa announced the creation of Company dedicated to the acquisition, sale, and export of Basic Kitchen, a company that will be focused on the products for international distribution . distribution of food ingredients in Colombia, including the
Slide 4: Highlights – Recognition
HIGHLIGHTS– RECOGNITION 7 X For the seventh consecutive year, MERCO Empresas y Líderes Empresariales 2021, corporate reputation monitor, recognizes Grupo Nutresa as the second Colombian company in terms of reputation, and the first in the food sector. 4
Slide 5: Colombia & international sales 3Q2021
Colombia & international sales 3Q2021 + 16,4% Q 7,4% * Colombia sales 557,7 Sales per COP 2.051,7 20,6% P 6,1% + 8,8% business unit Billion COP + 5,2% + 35,6% 280,4 309,2 + 27,8% + 90,2% + 24,5% 256,7 Percentage variation in volume (Q) and 209,0 178,1 + 4,9% prices (P) 151,5 Billion COP 108,7 % chg.
Slide 6: Sales total 3Q2021
Sales total 3Q2021 Sales total Sales per COP 3.359,6 17,7% business unit Billion COP + 14,7% + 0,9% 609,9 582,5 + 12,6% Organic 528,7 + 21,5% COP 3.317,4 + 16,3% Billion COP 485,7 + 6,8% + 52,2% 311,9 + 75,8% 317,1 Billion COP 261,3 + 24,5% 151,5 + 6,0% 110,9 Other Biscuits Cold cuts Chocolates Coff
Slide 7: Colombia & international sales accumulated 2021
Colombia & international sales ACCUMULATED 2021 + 8,5% Q + 0,3% * Colombia sales 1.515,8 Sales per COP 5.561,8 14,5% P + 7,9% - 0,7% + 9,7% business unit Billion COP + 39,7% 764,1 854,6 + 15,6% + 61,6% + 19,7% 684,8 Percentage variation in volume (Q) and 565,9 - 0,2% 457,4 416,2 prices (P) Billion C
Slide 8: Sales total accumulated 2021
Sales total ACCUMULATED 2021 Sales total Sales per COP 9.135,3 11,7% + 7,5% business unit Billion COP - 4,6% 1.672,4 1.602,8 + 12,7% + 13,7% Organic 1.413,2 1.356,4 COP 9.093,1 + 11,2% Billion COP + 4,7% 908,9 + 46,6% + 53,5% 779,1 679,7 Billion COP + 19,7% 416,2 + 0,0% 306,6 Other Biscuits Cold cut
Slide 9: Sales by region
Sales by region 2021 United States Dominican Republic and the Carribbean 11,5% 1,9% Mexico Venezuela 3,1% 60,9% Colombia Central America Peru 10,0% 1,8% Colombia Chile 39,1% 60,9% 6,6% International Ecuador Other 1,3% 2,9% Convention Production Distribution Services 9
Slide 10: Raw materials
Raw materials Grupo Nutresa Cogs Breakdown Commodities Index (GNCI) 2021 247 14,3% Packing material 12,8% Coffee Other 38,8% 222 7,6% Pork 197 6,1% Wheat 172 5,3% Cocoa 147 144 4,2% Sugar 122 4,2% Oils & fats 113 112 97 102 2,7% Milk 95 78 81 87 87 86 82 72 2,8% Beef 2011 2012 2013 2014 2015 2016 20
Slide 11: EBITDA 3Q2021
EBITDA 3Q2021 EBITDA EBITDA per COP 428,4 15,6% business unit Billion COP 14,8% Margin EBITDA 11,8% + 18,7% 12,8% + 5,6% 78,3 24,8% 9,6% 71,7 11,8% + 481,3% - 29,7% + 12,3% 64,9 55,7 57,2 12,2% - 2,1% 8,3% Billion COP 38,0 15,0% + 52,3% + 11,7% 12,1% 26,5 22,8 - 28,3% 13,5 Other Biscuits Cold cuts C
Slide 12: EBITDA accumulated 2021
EBITDA ACCUMULATED 2021 EBITDA EBITDA per COP 1.177,6 5,4% business unit Billion COP 14,7% Margin EBITDA 11,4% + 14,3% 13,4% 12,9% - 12,8% 207,5 - 2,8% 9,7% 22,8% 190,4 181,4 - 35,7% + 339,9% 155,0 12,2% 155,2 - 6,9% Billion COP 110,9 16,7% 8,0% + 21,6% 14,8% + 124,7% 69,6 - 9,1% 62,2 45,5 Other Bis
Slide 13: Income statement 3Q2021
Income statement 3Q2021 2021 3Q % Revenues 2020 3Q % Revenues % Var. Continuing operations Operating revenue 3.359.576 2.853.488 17,7% Cost of goods sold -2.001.871 -59,6% -1.674.132 -58,7% 19,6% Gross profit 1.357.705 40,4% 1.179.356 41,3% 15,1% Administrative expenses -142.531 -4,2% -120.091 -4,2%
Slide 14: Income statement accumulated 2021
Income statement ACCUMULATED 2021 Jan - Sep 2021 % Revenues Jan - Sep 2020 % Revenues % Var. Continuing operations Operating revenue 9.135.290 8.178.270 11,7% Cost of goods sold -5.383.968 -58,9% -4.742.499 -58,0% 13,5% Gross profit 3.751.322 41,1% 3.435.771 42,0% 9,2% Administrative expenses -392.7
Slide 15: Consolidated net debt
Consolidated net debt 3.500 2.808 2.906 3.000 2.709 2.596 2.599 2.441 2.419 2.500 Billion COP 2.000 1.581 1.752 1.500 1.000 500 0 Dec-13 Dec-14* Dec-15* Dec-16* Dec-17* Dec-18* Dec-19* Dec-20* Sep-21* Net debt 1.581 1.752 2.808 2.906 2.596 2.441 2.709 2.419 2.599 Net debt / EBITDA 1,90 2,10 2,88 2,8
Slide 16: Contacto
Contacto 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/es/
Slide 17: Financial position 2021 – assets
Financial position 2021 September 2021 December 2020 % Var. ASSETS Current assets Cash and cash equivalents 737.062 933.564 -21,0% Trade and other receivables, net 1.308.275 1.191.711 9,8% Inventories 1.585.568 1.379.984 14,9% Biological assets 181.680 127.614 42,4% Other assets 499.342 228.087 118,
Slide 18: Financial position 2021 – liabilities
Financial position 2021 September 2021 December 2020 % Var. LIABILITIES Current liabilities Financial obligations 153.320 486.736 -68,5% Right-of-use liabilities 107.429 126.727 -15,2% Trade and other payables 1.499.658 1.283.494 16,8% Tax charges 321.046 240.011 33,8% Employee benefits liabilities
Slide 19: 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