Industrias Bachoco S.a.b. De C.v. · OTC:IDBHF
Industrias Bachoco S.a.b. De C.v — Investor Presentation (March 2014)
15 slides from Industrias Bachoco S.a.b. De C.v's investor presentation, March 2014
Slide 1: March 2014
Pe DECUARIUS. March 2014
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains certain information that could be considered forward-looking statements regarding anticipated future events and performance. The statements reflect management’s current beliefs based on information currently available and are not guarantees of fu
Slide 3: BACHOCO
BACHOCO • Founded in 1952 • More than 60 years of leadership in the poultry industry in Mexico • One of the ten largest poultry producers worldwide • A well-recognized company • With operations in México and in the U.S. • A vertically integrated company, with more than one thousand facilities A publ
Slide 4: Our Business
Our Business Bachoco participates in a diversified mix of proteins, such as: Chicken, Eggs, Swine, Beef, Turkey. The Company also produces balance feed to third parties under the brand. Others 5% Feed Sales by Business 4% Lines Chicken Eggs 83% 8% INTEGRATION • The chicken and egg businesses lines a
Slide 5: Recent Acquisitions
Recent Acquisitions August 2011 November 2011 December 2011 BACHOCO acquired TROSI, a BACHOCO acquired OK BACHOCO bought MACSA located company located in Monterrey. This Industries, a U.S. Company in Baja California Sur. company is oriented to beef and located in Arkansas. chicken value-added produc
Slide 6: Vertically Integrated in Chicken
Vertically Integrated in Chicken Feed Mills Live Chicken Grand Parent Stock Breeder Hatcheries Farms 64 Distribution Centers Processing Plants Wholesalers Institutional Supermarket Detail 6
Slide 7: Bachoco's Market Share
Bachoco’s Market Share CHICKEN EGGS FEED In México 35% 65% 6% 3% 97% 94% In the U.S. 2% 98% Sales of turkey, beef and other by-products each account for less than 1% of our total sales. • In México: Bachoco is the largest chicken producer and the second largest producer of eggs. • In the U.S.: Bacho
Slide 8: Our Presence
Our Presence More than 24 thousand employees: • 13% in the US • 87% in México 8
Slide 9: Main Characteristics of the Chicken Industry
Main Characteristics of the Chicken Industry In México In the U.S. Brazil Total annual production 2.9 million tons 16.8 million tons 13.05 million tons Average annual growth rate 3% 1.5 to 2% 5 to 6% Domestic per-capita consumption per year 25.9 kilograms 43.6 kilograms 40.8 kilograms Live chicken m
Slide 10: The Industry at a Glance
The Industry at a Glance The poultry industry is characterized by cyclical behavior periods of higher profitability leading to overproduction followed by periods of Chicken Consumption lower prices and lower profitability 65.8 62.3 47.0 • The chicken industry grows around 3% at year, while 43.6 40.9
Slide 11: Financial Summary
Financial Summary Net Sales -In million pesos- Net Revenues by Business Line 2011 2012 2013 39,367 39,711 Net Revenues: 100.0% 100.0% 100.0% 27,735 Chicken 81.5% 83.8% 82.7% 23,263 24,715 In Mexico 76.5% 63.0% 61.2% 20,125 In the U.S. 5.0% 20.8% 21.4% Eggs(1) 7.5% 7.1% 8.3% Balanced feed (1) 6.7% 5.
Slide 12: Financial Summary
Financial Summary -In million pesos- Cash Total Debt Net Debt 7,715 2,724 2008 2009 2010 2011* 2012* 2013* 2,076 5,142 1,837 4,177 3,036 -1,372 -1,435 -1,199 2,399 964 1,998 626 647 -2,418 -3,530 2008 2009 2010 2011* 2012* 2013* 2008 2009 2010 2011* 2012* 2013* -5,639 USES OF CASH CAPEX • CAPEX to g
Slide 13: Why BACHOCO?
Why BACHOCO? • Deeply knowledgeable of the business • Delivering quality products that customers need backed by a well-recognized brand • Large distribution network • Strong balance sheet • Constant improvements in productivity • Constant growth Main factors to keep on mind The Company has risks rel
Slide 14: Bachoco in the Exchanges
Bachoco in the Exchanges • One single class of shares • Total shares: 600 million VOLUME BMV Daily average NYSE Daily average • Float: 26.75% or 160.5 million shares Shares ADR • Market Cap: $28,200 million pesos 2014* 315,662 18,440 approximately 2013 159,779 17,193 2012 191,943 19,887 • Dividend y
Slide 15: Thank You!
Thank You!
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