Sendas Distribuidora Sa · BMFBOVESPA:ASAI3
Sendas Distribuidora Sa — Q1 2023 Earnings Presentation
10 slides from Sendas Distribuidora Sa's earnings presentation, May 5, 2023
Slide 1: Earnings Release 1st Quarter 2023
EARNINGS RELEASE 1st QUARTER 2023 May 05th, 2023
Slide 2: Growth Surpass 30% with Continuous Market Share Gains
GROWTH SURPASS 30% WITH CONTINUOUS MARKET SHARE GAINS Equilibrium between sales growth, stores maturation and competitiveness EXPANSION ADVANCES SALES: +60% growth in 2 years Relevant contribution of converted stores Market Share • 59 stores in LTM: Resilient “same-store” sales Gains +38% of sales a
Slide 3: Sales Average of Converted Stores Surpass the Company's Average
SALES AVERAGE OF CONVERTED STORES SURPASS THE COMPANY’S AVERAGE Even with only 5 months of operation, converted stores presents EBITDA margin of 5% Conversion: Santos (SP) Sales Average per Store – 1Q23 (R$ MM) Converted stores with 5 months of operation reach more than than 70% of the sales potenti
Slide 4: Adjusted EBITDA Increases R$ 200 Million in Comparison to 1Q22
ADJUSTED EBITDA INCREASES R$ 200 MILLION IN COMPARISON TO 1Q22 EBITDA margin of 6.3% even facing a strong expansion Adjusted EBITDA (R$ Million) +26% 951 752 1Q22 1Q23 EBITDA (1) 6.6% 6.3% Margin Resilient margin even facing a record expansion in the last 12 months 50 conversions and 9 organics (1)
Slide 5: Strong Operational Cash Generation
STRONG OPERATIONAL CASH GENERATION Financial result impacted by the higher interest rates and the current leverage level of the Company Financial Result (R$ Million) Cash Generation Net Debt(2) ND/EBITDA (3) -630 1Q22 R$ 6.3 bi -2.20x -202 Cash Generation R$ 2.9 bi CAPEX -R$ 3.3 bi -302 Cost of Debt
Slide 6: Positive Net Income in a Challenging Scenario
POSITIVE NET INCOME IN A CHALLENGING SCENARIO Resilient operational result given the strong expansion, partially offset by financial result Conversion: Campinas Abolição (SP) OPERATIONAL LEVERAGE • High volume of stores in the early stage of maturation • Strong conversions performance, with sales ab
Slide 7: Phygital Strategy Advances with the Launch of 'Meu Assaí' App
PHYGITAL STRATEGY ADVANCES WITH THE LAUNCH OF ‘MEU ASSAÍ’ APP Improved shopping experience and customer relationship CRM SYSTEM Favorite Stores Initial Results Mapped by Geolocation Gamification + 7M customers registered in the CRM base Interactive Awards Purchase Recurrence Among the 5 most downloa
Slide 8: Continuity of the ESG Strategy and Relevant Recognition
CONTINUITY OF THE ESG STRATEGY AND RELEVANT RECOGNITION Commitment in building an inclusive society based on 5 strategic pillars TACKLING CLIMATE Donation of 35.4 tons of food and hygiene and cleaning items CHANGE in several states. INTEGRATED MANAGEMENT AND TRANSPARENCY 78% increase in combating fo
Slide 9: Q&A
Q&A To ask questions, please click on the Q&A icon on the bottom of the screen Write your NAME, COMPANY and LANGUAGE of the question. If announced, a request to activate your microphone will show up on your screen, then, you should enable your audio to ask your question. We kindly ask you to make al
Slide 10: Thank You
THANK YOU Investor Relations team ri.assai@assai.com.br ri.assai.com.br