Almacenes Exito SA · BVC:EXITO
Almacenes Exito SA — Grupo Éxito — Q2 2015 Earnings Presentation
9 slides from Almacenes Exito SA's earnings presentation, Jul 30, 2015
Slide 1: 2Q15 Financial Results
2Q15 Financial Results July 30, 2015 El Reconocimiento IR otorgado por la Bolsa de Valores de Colombia S.A. no es una certificación sobre la bondad de los valores inscritos ni sobre la solvencia del emisor. Así mismo, no implica una certificación sobre la calidad y veracidad del contenido, sólo deno
Slide 2: Disclaimer
Disclaimer Grupo Éxito attended their accounting duties until 2014 under the rules and accounting principles generally accepted in Colombia, according to the Decrees 2649 and 2650 of 1993 and other applicable regulations. Additionally, in parallel, Grupo Éxito prepared the Consolidated Opening State
Slide 3: Agenda
Agenda • 2Q15 and 1H15 Consolidated Financial Results • Strategy Follow-Up 2015 • Q&A Session 3
Slide 4: Financial Results under IFRS
Financial Results under IFRS For six months ended For six months ended Consolidated Income Statement Second quarter, 2015 Second quarter, 2014 June 30, 2015 June 30, 2014 Millions of % /Net Millions of % /Net Millions of % /Net Millions of % /Net % var % var COP Revenues COP Revenues COP Revenues CO
Slide 5: 2Q15 & 1H15 IFRS Financial Results: Net Revenues
2Q15 & 1H15 IFRS Financial Results Net Revenues Figures in COP bn (000,000,000) +16.4% z +22.2% 2,953 % FX effect 6,045 % FX effect +2.4% 4,945 +2.6% 2,537 2Q14 2Q15 6M14 6M15 2Q15 % Var Sales by Segment 1H15 % Var Total % Calendar % Var Total Sales % Var SSS effect Sales % Var SSS Total Colombia 5.
Slide 6: 2Q15 & 1H15 IFRS Financial Results: Gross Profit and SG&A
2Q15 & 1H15 IFRS Financial Results Gross Profit +26.8% +27.1% 763 1,544 602 1,215 23.7% 25.8% 24.6% 25.5% 2Q14 2Q15 6M14 6M15 SG&A +27.3% +29.8% 1,270 608 978 477 18.8% 20.6% 19.8% 21.0% 2Q14 2Q15 6M14 6M15 Figures in COP bn (000,000,000) 6
Slide 7: 2Q15 & 1H15 IFRS Financial Results: Operating Income and EBITDA
2Q15 & 1H15 IFRS Financial Results Recurring Operating Income +24.6% +15.8% 275 155 124 237 4.9% 5.2% 4.8% 4.5% 2Q14 2Q15 6M14 6M15 Recurring EBITDA +22.2% +14.1% 389 210 7.0% 341 172 6.8% 7.1% 6.9% 6.4% 2Q14 2Q15 6M14 6M15 Figures in COP bn (000,000,000) 7
Slide 8: 2Q15 & 1H15 IFRS Financial Results: Net Income
2Q15 & 1H15 IFRS Financial Results Net Income attributable to Grupo Éxito +71.3% +19.6% 230 160 192 93 3.7% 5.4% 4.1% 3.9% 3.8% 2Q14 2Q15 6M14 6M15 Figures in COP bn (000,000,000) 8
Slide 9: Strategy follow-up
Strategy follow-up Board of Directors Appointment Mr Luis Fernando Alarcon (independent member) as Chairman on June 11, 2015 Tuya Transaction Grupo Éxito and Bancolombia signed a SPA, whereby Éxito will acquire 50% of the outstanding shares of Tuya Retail Expansion 9 stores opened in 2Q15: Colombi