Grupo Nutresa S.a. · BVC:NUTRESA
Grupo Nutresa — Q4 2022 Earnings Presentation
18 slides from Grupo Nutresa's earnings presentation, February 2023
Slide 1: Grupo Nutresa Earnings Results 4Q 2022
Grupo Nutresa Earnings Results 4Q 2022
Slide 2: Highlights - Grupo Nutresa is the #1 food company in the 2022 DJSI World Index
Highlights - Grupo Nutresa is the #1 food company in the 2022 DJSI World Index #1 In the 2022 DJSI world Featured Dimensions index Cooperating with people, our Inspiring growth, development and innovation Preserving the planet partners and society ● ● Innovation management ● Health & nutrition Packa
Slide 3: Colombia & international sales 4Q 2022
Colombia & international sales 4Q 2022 + 21,5% Q -0,5% * 759,6 P 29,2% Colombia sales + 30,1% Sales per business COP 2.792,5 25,9% + 22,0% + 64,2% + 17,9% Billion COP 411,8 368,1 364,4 + 13,4% unit + 19,5% + 25,1% 321,1 229,4 190,2 Percentage variation in volume (Q) and Billion COP 147,5 prices (P)
Slide 4: Total sales 4Q 2022
Total sales 4Q 2022 Total sales Sales per business COP 4.881,0 35,5% unit Billion COP + 42,0% + 64,7% + 20,8% 917,3 866,6 826,1 + 32,1% 728,9 Billion COP + 49,0% + 21,7% 437,5 + 23,1% 411,6 350,2 + 19,6% + 27,2% 190,2 152,5 Cold cuts Biscuits Chocolates Coffee TMLUC Retail Food Ice Cream Pasta Oth
Slide 5: Colombia & international sales Accumulated 2022
Colombia & international sales Accumulated 2022 + 25,6% Q 7,4% * 2.689,0 P 22,2% Colombia sales Sales per business COP 10.107,7 29,9% + 37,7% + 23,8% Billion COP 1.488,0 1.431,2 + 56,2% + 27,6% unit 1.230,4 + 20,5% + 21,7% + 31,0% 1.221,7 794,9 Percentage variation in volume (Q) and 700,3 Billion CO
Slide 6: Total sales Accumulated 2022
Total sales Accumulated 2022 Total sales Sales per COP 17.037,8 33,8% business unit Billion COP + 38,2% Organic + 22,9% 3.108,4 + 57,9% COP 16.811,2 32,9% 2.896,2 2.973,3 Billion COP + 27,7% 2.509,0 + 30,2% + 35,1% Billion COP 1.565,9 + 24,9% 1.509,1 1.204,2 + 21,7% + 34,0% 700,4 571,3 Cold cuts Bis
Slide 7: Market share
MARKET SHARE Colombia + TMLUC Consolidated market share in Colombia : 52,3% +1,2% Cold cuts Biscuits Chocolates Coffee TMLUC Ice cream Pasta Food Service 55,1% 50,5% Chocolate Roast and ICB* (A) Ice cream 47,7% #1 3,2% -0,2% confectionery (A) ground 58,7% #1 -0,3% in Hamburgers in 70,2% coffee (A) -
Slide 8: Sales by region
Sales by region 2022 United States 13,5% Mexico Convention 3,2% Cold cutss Biscuits Dominican Republic and the Carribbean 1,9% Chocolates 59,3% Central America Coffee Colombia 10,2% TMLUC Ice cream Venezuela Pasta Retail Food Colombia 59,3% Other 40,7% Production International Ecuador 1,2% Distribut
Slide 9: Raw materials and COGS breakdown
Raw materials Grupo Nutresa Cogs Breakdown Commodities Index (GNCI) 2022 1,3% Poultry 180 Other 33,2% 3,1% Milk 160 2,8% Beef 140 3,9% Sugar 4,1% Cocoa 120 121 4,9% Oils & 113 112 107 fats 100 6,7% Wheat Coffee 19,9% 95 6,6% Pork 80 87 87 86 82 78 81 13,5% Packing material 60 2012 2013 2014 2015 201
Slide 10: EBITDA 4Q 2022
EBITDA 4Q 2022 EBITDA EBITDA per COP 490,3 38,2% business unit Billion COP 10,9% EBITDA Margin + 101,0% 9,7% 10,0% 9,6% 100,3 21,2% + 115,3% + 93,4% 9,0% + 6,3% 83,7 79,3 + 18,9% 74,2 65,4 8,3% Billion COP - 2,2% 8,5% 10,3% 4,7% 36,1 - 29,3% - 20,0% + 1,5% 16,2 15,7 19,3 Cold cuts Biscuits Chocolate
Slide 11: EBITDA Accumulated 2022
EBITDA Accumulated 2022 EBITDA EBITDA per COP 1.971,2 28,6% business unit Billion COP 11,8% + 78,4% 13,1% 10,9% EBITDA Margin 365,5 + 25,2% + 39,0% 11,6% 315,8 328,8 8,2% 20,5% + 8,8% + 9,8% 244,5 11,7% 246,9 + 24,1% 183,4 Billion COP 14,7% 7,3% + 14,5% 12,9% + 22,9% 102,8 + 20,6% 110,0 73,5 Cold cu
Slide 12: Income statement 4Q 2022
Income statement 4Q 2022 2022 4T % Revenues 2021 4T % Revenue % Var. Continuing operations Operating revenue 4.881.033 3.602.981 35,5% Cost of goods sold -3.129.906 -64,1% -2.226.916 -61,8% 40,5% Gross profit 1.751.127 35,9% 1.376.065 38,2% 27,3% Administrative expenses -194.675 -4,0% -154.531 -4,3%
Slide 13: Income statement Accumulated 2022
Income statement Accumulated 2022 2022 % Revenue 2021 % Revenue % Var. Continuing operations Operating revenue 17.037.823 12.738.271 33,8% Cost of goods sold -10.799.595 -63,4% -7.610.884 -59,7% 41,9% Gross profit 6.238.228 36,6% 5.127.387 40,3% 21,7% Administrative expenses -648.381 -3,8% -547.290
Slide 14: Consolidated net debt
Consolidated net debt 3.500 3.311 2.808 2.906 3.000 2.596 2.709 Billion COP 2.441 2.419 2.479 2.500 2.000 1.581 1.752 1.500 1.000 500 0 Dec-13 Dec-14* Dec-15* Dec-16* Dec-17* Dec-18* Dec-19* Dec-20* Dec-21* Dec-22* Net debt 1.581 1.752 2.808 2.906 2.596 2.441 2.709 2.419 2.479 3.311 Net debt/ EBITDA
Slide 15: Contact
Contact Catherine Chacón Navarro Investor Relations Director e-mail: cchacon@gruponutresa.com Tel: (+574) 325 8731 www.gruponutresa.com This presentation and further detailed information can be found in the following link in our section "Grupo Nutresa Valuation Kit": https://gruponutresa.com/en/inve
Slide 16: Financial position 2022 (assets)
Financial position 2022 December 2022 December 2021 % Var. ASSETS Current assets Cash and cash equivalents 1.060.247 862.706 22,9% Trade and other receivables, net 1.856.746 1.382.671 34,3% Inventories 3.004.244 1.742.562 72,4% Biological assets 259.373 191.894 35,2% Other assets 619.202 414.755 49,
Slide 17: Financial position 2022 (liabilities)
Financial position 2022 Decembre 2022 December 2021 % Var. LIABILITIES Current liabilities Financial obligations 588.630 178.658 N/A Right-of-use liabilities 101.236 107.253 -5,6% Trade and other payables 2.237.380 1.758.083 27,3% Tax charges 348.993 230.484 51,4% Employee benefits liabilities 301.7
Slide 18: Disclaimer
Disclaimer This document can contain forward looking statements related to Grupo Nutresa S.A. and its subordinated companies, under assumptions and estimations made by company´s management. For better illustration and decision making purposes Grupo Nutresa’s figures are consolidated; for this reason