Colruyt Group N.V. · EURONEXT:COLR
Colruyt — Investor Presentation (October 2023)
28 slides from Colruyt's investor presentation, October 2023
Slide 1: Company presentation
Company presentation October 2023 1
Slide 2: Table of contents
Table of contents • Colruyt Group at a glance • Activities of Colruyt Group • Sustainability – Sustainable Financing Framework • Financial information • Contact information Disclaimer Colruyt Group is providing the information in this presentation as of its date and does not undertake any obligation
Slide 3: Colruyt Group at a glance
Colruyt Group at a glance • Colruyt Group is a family business that has grown over three generations into a retail group with more than 32.000 employees and a diverse portfolio of food and non-food formats, in Belgium and abroad. • The biggest activity remains our supermarket Colruyt, which has deli
Slide 4: Who are we and how do we make a positive difference?
Who are we and how do we make a positive difference? Belgian family One mission, Pioneer in 1 business with long-standing tradition 2 9 values, 40 complementary brands 3 sustainable and innovative entrepreneurship Attractive Educating 4 5 6 Enabler for employer young people conscious for 33,000 thro
Slide 5: Our group mission
Our group mission Together, we create sustainable added value through value-driven craftsmanship in retail. 5
Slide 6: Our values
Our 9 historically developed values help us accomplish our mission. They summarise the essence we represent. HOPE SPACE TOGETHERNESS COURAGE SIMPLICITY READINESS TO SERVE STRENGTH FAITH RESPECT 6
Slide 7: Activities of Colruyt Group
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Slide 8: Share of group revenue by activity
Approximately 80% of group revenue Approximately 11% of group revenue Approximately 9% of group revenue 8
Slide 9: Food Retail
Food Retail Appr. number of stores Highlights Average store area • Brand promise of lowest prices for national brands as well as own brands > 250 Boni Selection and Everyday. 1.700 m² • Prioritises simplicity, efficiency and readiness to serve. • Neighbourhood discounter committed to provide a quick
Slide 10: Food Retail
Food Retail • In September 2023, Colruyt Group reached an agreement with Match NV and Profi NV, subsidiaries of the group Louis Delhaize NV ("Louis Delhaize"), to acquire 28 Match and 29 Smatch stores in Belgium. • This transaction is subject to approval by the Belgian Competition Authority (BCA). T
Slide 11: Non-Food Retail
• Omni-channel approach. Non-Food Retail • Major players in their respective markets. Appr. number of stores Highlights Average store area • Family and seasonal store with an extensive range of toys, garden furniture, > 45 multimedia and gaming, etc. 1.600 m² • Click2Brick model. • Qualitative, wide
Slide 12: Non-Food Retail
All major players in their respective markets. Non-Food Retail Appr. number of stores Highlights Average store area • As a constant ‘compagnon de route’, Bike Republic wants to bring pure biking fun > 25 to as many people as possible, from commuters to leisure cyclists and 800-1.200 m² sportspeople.
Slide 13: E-commerce
E-commerce • Online revenue is primarily generated by Collect&Go, the shopping service of Colruyt and Bio-Planet stores. • Collect&Go is market leader in the Belgian online food market. Over 300 collection points: Belgium: > 220 • New Collect&Go e-commerce DC in Londerzeel Luxembourg: 4 (operational
Slide 14: Wholesale & Foodservice
Wholesale & Foodservice Highlights Belgium Wholesale • Close and long-term collaboration with independent entrepreneurs. • Intention to further expand the efficient independent store network France Wholesale in Belgium and France. • In February 2023, Colruyt Group reached an agreement to acquire 100
Slide 15: Other activities
Other activities Activity Highlights • DATS 24 furthers its efforts to promote greener mobility and raise the level of public acceptance of the sustainable energy transition through cooperatives and Energy at home, investments. at work & on the road • As of June 1st 2023: DATS 24 has been deconsolid
Slide 16: Other activities – Virya Energy
Other activities – Virya Energy • In March 2023, Virya Energy reached an agreement to divest its offshore wind energy business (Parkwind) to JERA. ─ Approval by the relevant competition and other regulatory authorities has been obtained and the sale of Parkwind to JERA was successfully completed on
Slide 17: Sustainability – Sustainable Financing Framework
Sustainability Sustainable Financing Framework
Slide 18: Sustainability runs like a common thread through our activities
Sustainability runs like a common thread through our activities and corporate culture. Ever since the founding of our company, we have been consciously committed to economic use of resources, efficient processes, and simplicity. Since then, this focus has changed into a broader understanding of ecol
Slide 19: Sustainable Financing Framework
Sustainable Financing Framework • Colruyt Group aims to lead the way in many areas of sustainability and wants to continue to make a meaningful difference in the world in many ways, for current and future generations. In that respect, Colruyt Group has issued its Sustainable Financing Framework in D
Slide 20: Financial information
Financial information 20
Slide 21: Colruyt Group revenue and results up until 2022/23
Colruyt Group revenue and results up until 2022/23 (1) Revenue and results based on the key figures and therefore inclusive of DATS 24 NV. For a reconciliation between the key figures and the consolidated income statement (in which DATS 24 NV is presented as a discontinued operation), we refer to th
Slide 22: Key figures financial year 2022/23
Key figures(1) financial year 2022/23 (1) The key figures are inclusive of DATS 24 NV. For a reconciliation between the key figures and the consolidated income statement (in which DATS 24 NV is presented as a discontinued operation), we refer to the annex 'Reconciliation of key figures and consolida
Slide 23: Dividend and share buy-back up until 2022/23
Dividend and share buy-back up until 2022/23 (*) Earnings per share based on the key figures and therefore inclusive of DATS 24 NV. For a reconciliation between the key figures and the consolidated income statement (in which DATS 24 NV is presented as a discontinued operation), we refer to the annex
Slide 24: Capital expenditures, net of capital grants (M€)
Capital expenditures, net of capital grants (M€) The group maintains its long-term focus and pursues its investments in a targeted manner: • FY 2022/23 : M€ 463 (exclusive of right-of-use assets and business combinations) • Expectation FY 2023/24: M€ 440 to M€ 460 • 3-year period from 2023/24 to 202
Slide 25: Net financial debt (M€)
Net financial debt (M€) Interest-bearing liabilities Non-current (>1 year) Of which IFRS 16 Current (<1 year) Long-term financing due within 1 year Of which IFRS 16 Short-term financing” Less: Cash and cash equivalents Mar 2023 Mar 2022 Variance Variance % 619 259 41,9% 221 32 14,3% 350 130 37,3% 14
Slide 26: Balance sheet (M€)
Balance sheet (M€) 31/03/2023 31/03/2022 Variance Tangible and intangible assets 3.535 58% 3.232 58% 303 Other non-current assets 610 10% 542 10% 67 Inventories 826 13% 816 15% 11 Trade receivables 535 9% 602 11% -68 Other non-current receivables 152 2% 245 4% -93 Cash and cash equivalents 359 6% 17
Slide 27: Contact information
Contact information
Slide 28: Contact information
Contact information Stefaan Vandamme (CFO) Mélanie Squilbin (Investor Relations) Michael Hamelryck (Head of Group Finance) & Sofie Deridder (Treasury Analyst) For questions, please send an email to: • investor@colruytgroup.com (equity investors) • debt.investors@colruytgroup.com (debt investors) 28