Grupo Bimbo Sab De Cv Class A · BMV:BIMBO/A
Grupo Bimbo Sab De Cv Class A — Q1 2025 Earnings Presentation
21 slides from Grupo Bimbo Sab De Cv Class A's earnings presentation, Apr 29, 2025
Slide 1: First Quarter 2025 Investor Presentation
First Quarter 2025 INVESTOR PRESENTATION
Slide 2: Agenda
AGENDA Strengthening Our Leadership 1 In The Grain-based Food Industry Results & Progress Towards Our 2 Long-term Strategy 3 Our ESG Journey 2
Slide 3: Global Baking Leader And A Key Player In The Food Industry
Global Baking Leader And A Key Player In The Food Industry 35 countries +100 +57k US$11.75 Bn brands Market Cap(1) routes +9k +149k US$21.9 Bn products associates Net Sales(2) 221 +1.5K US$3.0 Bn bakeries sales Adj. EBITDA(2)(3) and plants centers Conservative policies Highly diversified Company Dis
Slide 4: High Diversification, Innovation and Resilience
High Diversification, Innovation and Resilience Top 3 market share EAA (3) Net Sales(5) North America (1) within 7 categories in most countries(4) 46.6% Market share leader 11.3% 8% Net Sales within 7 categories Net Sales 27.8% U.S. – Premium bread, Breakfast, Buns & rolls 7.7% Adj. EBITDA Adj. EBIT
Slide 5: Clearly Focused On The Attractive Grain-based Food Industry
Clearly Focused On The Attractive Grain-based Food Industry Baking Snacks #1 Global Player Top 10 Global Player 1.3x larger than 2nd Player Bimbo is a Leader in… 3.8% ~1% market share Large US$641 Bn US$194 Bn market size Resilient 2.9% 4.5% CAGR 18-23’ Growing Industries… 4.3% 4.5% CAGR 23-28’ …Wit
Slide 6: Our Strong Portfolio Of Leading Brands That Resonate With Consumers
Our Strong Portfolio Of Leading Brands That Resonate With Consumers North America Mexico Latin America EAA U.S. CANADA 6
Slide 7: Strategically Positioned To Reach Our Consumers And Build Brand Loyalty
Strategically Positioned To Reach Our Consumers And Build Brand Loyalty Leading Brands Categories sliced bread buns & rolls toast pastries cookies bagels cakes salty snacks english muffins tortillas & flat breads Channels Our distribution fleet travels every day the equivalent to 110 trips in aggreg
Slide 8: We Are Geared To Meet Every Consumption Occasion In People's Life
We Are Geared To Meet Every Consumption Occasion In People’s Life Nutrition Rise & Healthy Hackers Shine Creations Uplifting Beloved Meals Treats Prepared without added #1 mini muffin #1 selling English Developed internally, Recent Mexican fats, colorants, or brand in the United muffin and an all- p
Slide 9: At The Same Time Addressing Evolving Needs Through Our Innovation Pillars
At The Same Time Addressing Evolving Needs Through Our Innovation Pillars 6 Key Levers Clean label Circular economy Cereal-diversity Investments in “Snackification” Scale, brand Positive nutrition startups penetration, great Nutritional Nutritional Health & Wellness products Smart portions transpare
Slide 10: Driving Consistent Growth And Profitability
Driving Consistent Growth And Profitability Evolution & Growth in the last (1) (2) 16 years 2018 (1) (1) 2008 LTM 1Q25 Net Sales (MXN Bn) $82.3 $289.3 $418.4 5.1x Adj. EBITDA (MXN Bn) $9.8 $31.7 $56.4 (2) 5.8x EAA EAA 9% 11% Geographic Diversification NA 22% Mex 64% NA 50% Mex 32% NA 47% Mex 32% (By
Slide 11: Highly Resilient Adjusted EBITDA Margin And Expansion Across Most Regions
Highly Resilient Adjusted EBITDA Margin And Expansion Across Most Regions ADJ. EBITDA MARGIN % • Favorable mix LTM • New manufacturing 2019 2020 2021 2022 2023 2024 1Q25 1Q24 1Q25 capabilities • Increased scale Grupo Bimbo 13.0% 13.7% 14.0% 13.4% 13.7% 13.6% 13.5% 12.7% 12.4% • Productivity investme
Slide 12: Capex Investments As A Top Priority, Consistent With Our Long-term Algorithm
Capex Investments As A Top Priority, Consistent With Our Long-term Algorithm $2.0 Our CAPEX Strategy $1.6 $1.4-1.5 Top priority $1.4 Business Continuity $1.0 Growth Expansion Productivity $0.6 The peak investments have been completed 2020 2021 2022 2023 2024 2025 Outlook Elevated Multi-Year CAPEX Pl
Slide 13: Sustainable Growth With Proven Ability To Deleverage
Sustainable Growth With Proven Ability To Deleverage Net Debt / Adj. EBITDA (1) 3.1 (3) 3.0 (4) 2.9 2.9 2.9 2.7 2.7 2.7 (2) 2.6 2.6 (2) 2.4 2.2 2.1 2.0 (5) 2.0 1.9 1.9 (5) 1.5 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 LTM 1Q25 US$ 2.4 Bn US$ 709 mm CAD$ 1.8
Slide 14: Conservative Debt Profile And Ample Liquidity
Conservative Debt Profile And Ample Liquidity Total Debt Currency Mix (2) US $7,936 mm(1) 2% 2% Avg. Tenor 10.8 yrs. 6% USD Avg. Cost 6.68% MXN Fixed 85% EUR 49% 41% CAD Ratings S&P BBB+ | Moody’s Baa1 | Fitch BBB+ US $1.93 Bn Undrawn Sustainability-linked Committed Revolver Facility 195 44 172 900
Slide 15: Responsible Financial Management Strategy
Responsible Financial Management Strategy 01 Committed to a robust balance sheet 1Q25 Net leverage: 2.9x 1Q25 Cash & Equivalents: US$875 mm(1) 02 Efficient working capital management Ongoing efforts to continue improving working capital and value creation initiatives 03 US$1.93 Bn in undrawn committ
Slide 16: Looking Forward
Looking Forward 2024 Outlook & Results 2025 Guidance NET SALES Flat to low-single High single-digit +2.1% ✓ digit growth growth ADJ. EBITDA(1) Low single digit Mid dingle-digit +1.0% ✓ growth growth CAPEX US$1.8Bn US $1.6Bn US$1.4-1.5Bn Revised guidance due to: • A stronger Mexican peso of $20.5 Ps.
Slide 17: Leading Management Team With Top-notch Corporate Governance
Leading Management Team With Top-notch Corporate Governance Committees Board of Directors Audit and Corporate Daniel Servitje – Executive Chair Finance and Planning 39% independent 28% women Evaluation, Results and Nominations Steering Committee 2024 Recognitions Rafael Pamias CEO Diego Gaxiola CFO
Slide 18: Clear and Ambitious Sustainability Strategy
Clear and Ambitious Sustainability Strategy We are aligned to: 18
Slide 19: With Strong Commitment and Progress Towards our Sustainability Goals
With Strong Commitment and Progress Towards our Sustainability Goals Goals Progress as of 2024 100% simple and natural recipes in baking baked and snacks • 45% of sales accomplish ≥3.5 stars according to the Health Star Raiting System (HSR) 100% products will be part of a healthy plant-based diet •
Slide 20: Thank You
ir@grupobimbo.com www.grupobimbo.com Thank You
Slide 21: 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
Grupo Bimbo, S.A.B. de C.V. — Q1 2025 Earnings Presentation on 6ix