Grupo Bimbo Sab De Cv Class A · BMV:BIMBO/A
Grupo Bimbo Sab De Cv Class A — Q1 2021 Earnings Presentation
18 slides from Grupo Bimbo Sab De Cv Class A's earnings presentation, Dec 19, 2021
Slide 1: Investor Presentation First Quarter 2021
Investor Presentation First Quarter 2021
Slide 2: Grupo Bimbo Today
Control Group: 76% Grupo Bimbo Today Float: 24% 33 203 countries ARGENTINA MOROCCO bakeries and plants BRAZIL NICARAGUA +13K CANADA CHILE PANAMA PARAGUAY +134K products CHINA COLOMBIA PERU PORTUGAL associates COSTA RICA RUSSIA ECUADOR SPAIN +100 EL SALVADOR FRANCE SOUTH AFRICA SOUTH KOREA ~1,700 bra
Slide 3: 1Q21 Results, a Record Quarter
1Q21 Results, a Record Quarter Highlights Recent events • Net Sales achieved a record level for a • Grupo Bimbo, through its subsidiary Bimbo QSR, will first quarter at Ps. $79.1 billion, primarily due Invest more than US$25 million in establishing a bakery in Georgia, USA to good volume performance
Slide 4: Leading Brands Across our Markets
Leading Brands Across our Markets North America Mexico Latin America EAA U.S. Canada 4
Slide 5: Globally Present, Locally Committed
Globally Present, Locally Committed North America (1) EAA (3) Top 3 market share within 7 categories in most countries(4) Market share 21.7K Associates 12.2K Associates leader within 55 plants 7 categories 77 plants U.S. Canada Breakfast Sliced bread Premium bread Bagels Buns & rolls Snack cakes Tor
Slide 6: Global Undisputed Baking Industry Leader
Global Undisputed Baking Industry Leader 4.3% 48.1% 1.3x second player, Mondelez OTHER PLAYERS 3.4x third player, Campbells’ Soup (1) US$449Bn Global Baking 10.3% PRIVATE LABEL i t h f u r t h e r Industry W y t o g row 37.4% opport un i t ARTISANAL INDUSTRY STRUCTURE INDUSTRY PERFORMANCE INDUSTRY O
Slide 7: Diversified Portfolio Across Geographies, Categories & Channels
Diversified Portfolio Across Geographies, Categories & Channels By geography (1) By categories By channel 9% 9% Retail Supermarkets, convenience stores, 9% 9% 29% México SLICED BREAD BUNS & ROLLS among others North America 29% LatAm Traditional PASTRIES CAKES “Mom & Pops” 53% EAA Sales Split QSR Qui
Slide 8: Global Brands with Top of Mind Awareness
Global Brands with Top of Mind Awareness >US $250 mm(1) (1) >US $1 bn (1) >US $500 mm >US $100 mm (1) ____________ 8 (1) Internal information on estimated retail sales by brand considering the last twelve months as of March 31st, 2020
Slide 9: With Successful Expansion across Regions
With Successful Expansion across Regions most successful We bring our o narkets, ew m From U.S. From U.S. nd s t bra ers preference to 6 countries to 5 countries satisfying our co nsu m From Mexico From Mexico From Mexico From Mexico to 19 countries to 9 countries to 16 countries to 17 countries Pri
Slide 10: Proven Ability to Meet our Customers' Evolving Needs Through Innovation
Proven Ability to Meet our Customers’ Evolving Needs Through Innovation Product Nutritional Snacks Development Packaging Improvements Expansion Success Drivers: • Growth Opportunities • Great. No preservatives Products Made of real ingredients Biodegradable packaging No artificial colorants added •
Slide 11: Strong Commitment and Progress Towards our Sustainability Goals
Strong Commitment and Progress Towards our Sustainability Goals 2025 goals Progress as of 2020 Strategy Relevant GRI / SDG1 100% 80% Achieved Renewable Electric Power 302-1 +4,000 1,115 Electric Vehicles Electric Vehicles +3,000 that use alternate fuels 302-4 100% Recyclable, Biodegradable or 90% Re
Slide 12: Leading Management Team with Top-Notch Corporate Governance
Leading Management Team with Top-Notch Corporate Governance Committees Board of Directors Steering Committee Audit and Corporate 39% are Finance and Planning independent Name Role Daniel Servitje CEO Evaluation and Results Diego Gaxiola CFO Javier González Executive VP, GB Grupo Bimbo obtains the fi
Slide 13: Sustained Growth with Potential to Continue Increasing Profitability
Sustained Growth with Potential to Continue Increasing Profitability (1) MXN billion MXN billion CAGR: 7.0% a l e s Adj. EBITDA Includes effect of IFRS16 N e t S 335.9 46.9 252.1 29.3 2016 2017 2018 2019 2020 LTM 1Q21 2016 2017 2018 2019 2020 LTM 1Q21 Adj. EBITDA 2016 (2) 2017 2018 2019 (3) 2020 LTM
Slide 14: Proven Ability to Grow with Prudent Deleverage
Proven Ability to Grow with Prudent Deleverage Net Debt / Adj. EBITDA (3) 3.1 (4) 3.0 2.9 (2) 2.7 2.7 2.7 2.6 2.6 2.4 2.2 2.0 1.9 1.9 1.8 (1) 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 1Q21 US$ 2.4 Bn US$ 709 mm CAD$ 1.8 Bn US$ 650 mm ____________ (1) Adj. EBITDA w/o IFRS16: Ea
Slide 15: Conservative Debt Profile and Ample Liquidity
Conservative Debt Profile and Ample Liquidity Total Debt: US $4,274 mm(1) lit by c ur r e n c y (2) Avg. Tenor: 13.0 yrs. Avg. Cost: 6.1% Sp 7% USD 39% 54% Fixed: 100%, Variable: 0% MXN Ratings: BBB/Baa2/BBB CAD S&P/Moody’s/Fitch US $2.0Bn in Undrawn Committed Revolver Facility 600 800 650 595 468 5
Slide 16: Looking Forward: 2021 Guidance
Looking Forward 2020 Guidance 2020 Results 2021 Guidance vs. 2020 vs. 2019 Net Sales Low double-digit +13.4% Flat Low double-digit Adj. EBITDA1 Mid to high-teens +19.3% Flat Mid to high-teens Tax Rate High 30's-Low 40's 37% Mid to high-30's CAPEX US $650-$750M US $621M US $900M-$1Bn (1) Adjusted EBI
Slide 17: Thank you
h an T you k 17
Slide 18: 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 the information that may be required to evaluate any investment in the Company or any of its securities