Companhia Brasileira De Distribuicao · BMFBOVESPA:PCAR3
Companhia Brasileira De Distribuicao — Q3 2023 Earnings Presentation
15 slides from Companhia Brasileira De Distribuicao's earnings presentation, Oct 31, 2023
Slide 1: 3Q23 Earnings Presentation
3Q23 EARNINGS PRESENTATION October 31th, 2023 1
Slide 2: Disclaimer
DISCLAIMER Statements contained in this release regarding the Company's business outlook, projections of operating / financial profit and loss, the Company's growth potential, and related to market and macroeconomic estimates constitute mere forecasts and were based on the beliefs, intentions, and e
Slide 3: 3Q23 Highlights
3Q23 HIGHLIGHTS Marcelo Pimentel, CEO 3
Slide 4: 3Q23 Highlights
3Q23 HIGHLIGHTS Gross Revenue Strong growth of new GPA Brazil Operational consistency with strong growth, market share capture and margin evolution 10% • Gross Revenue reached R$ 5.1 billion, showing an increase of 10% 5.092 • Pão de Açúcar banner grew 11.6% and proximity 21.7% 4.631 • E-commerce wi
Slide 5: 3Q23 Main Pillars Highlights
3Q23 MAIN PILLARS HIGHLIGHTS TOP LINE GROWTH AND IMPROVEMENTS IN IMPORTANT INDICATORS 01 TOP LINE Strong growth in same-store sales, driven by volume growth, offsetting the strong deflation in the period. Consistent gains of market share(1) across all formats, evolution by the fourth consecutive
Slide 6: 3Q23 Main Pillars Highlights
3Q23 MAIN PILLARS HIGHLIGHTS TOP LINE GROWTH AND IMPROVEMENTS IN IMPORTANT INDICATORS 04 EXPANSION 20 stores opened in 3Q23 18 Proximity stores: 17 Minuto Pão de Açúcar and 1 Mini Extra 2 stores of Pão de Açúcar banner: in cities of Atibaia (first store) and Sorocaba 05 Profitability Gross Margi
Slide 7: 3Q23 Main Pillars Highlights: ESG & Culture
3Q23 MAIN PILLARS HIGHLIGHTS TOP LINE GROWTH AND IMPROVEMENTS IN IMPORTANT INDICATORS 06 ESG & CULTURE Promotion of diversity and inclusion Women in leadership position reache 41% vs. 38% in 3Q22 Since the beginning of the year, 43 women were hired for leadership positions and 48 promotions of women
Slide 8: Financial Performance
FINANCIAL PERFORMANCE Rafael Russowsky, CFO 8
Slide 9: Financial Performance: New GPA Brazil Total Sales
Total sales of New GPA Brazil totaled R$ 5.1 billion in 3Q23 with FINANCIAL PERFORMANCE an increase of 10% or 9.5% excluding gas stations. NEW GPA BRAZIL Same Store Sales growth of 6.6% if compared to 3Q22 or 5.7% TOTAL SALES excluding gas stations (R$ million) In e-commerce, Gross Sales were R$ 470
Slide 10: Financial Performance: Gross Profit and Adjusted EBITDA
FINANCIAL PERFORMANCE NEW GPA BRAZIL(1) GROSS PROFIT (R$ million) & MARGIN (%) Gross margin growth of 0.3 p.p. and 1.3 p.p vs. +1.3 p.p. +0.3 p.p. 2Q23 and 3Q22, respectively, as a result of steps 24,8% forward on strategic pillars, with (i) increase of 0,7 23,8% 24,4% 25,1% 22,6% 1.181 1.191 p.p. o
Slide 11: Financial Performance: Consolidated Net Income
FINANCIAL PERFORMANCE CONSOLIDATED NET INCOME NET INCOME/LOSS CONTINUED ACTIVITIES DISCONTINUED ACTIVITIES (R$ million) (R$ million) 809 After Cnova’s adjustment of a non-cash effect, net 5 -67 -22 income from continued activities reaches R$ 5 million, an increase of R$ 234 million; After adjustment
Slide 12: Financial Performance: Operational Cash Flow and Net Debt
FINANCIAL PERFORMANCE GPA BRAZIL OPERATIONAL CASH FLOW(1) NET DEBT(2) (R$ million) (R$ million and x EBITDA) Operational Cash Flow presented an increase of R$ 296 million, impacted by the operational result growth and an improve of 8 days in suppliers and inventory -9 Net debt with a reduction of R$
Slide 13: Q&A
Q&A www.gpari.com.br Qn ti PGodeActicar
Slide 14: Final Messages
FINAL MESSAGES Marcelo Pimentel, CEO 14
Slide 15: Final Messages: New GPA Strategic Pillars
FINAL MESSAGES NEW GPA – STRATEGIC PILLARS 15
Companhia Brasileira de Distribuição (GPA) — Q3 2023 Earnings Presentation on 6ix