Almacenes Exito SA · BVC:EXITO
Almacenes Exito SA — Q3 2014 Earnings Presentation
12 slides from Almacenes Exito SA's earnings presentation, Oct 30, 2014
Slide 1: 3Q 2014 Financial Results
Super Inter Guadalupe store 3Q 2014 Financial Results October 30, 2014 1
Slide 2: Note on Forward-Looking Statements
Note on Forward-Looking Statements This presentation may contain forward-looking statements regarding expected developments and expectations about future events. These statements are subject to economic, political, governmental and market conditions, risks and uncertainties, both domestically and gl
Slide 3: Agenda
Agenda • 3Q14 Operating Highlights • 3Q14 Consolidated Financial Results • Strategy Follow-Up • Q&A Session 3
Slide 4: 3Q14 Highlights
3Q14 Highlights Acquisition of Authorized by the regulator in Sept 2014 Integration under Éxito´s logistics & distribution networking, IT systems and back office to be completed by the end of 2014 +46 stores, approx. 50,000 sqm of sales areas, +3.5% MS, approx. USD 400m in additional sales Leader in
Slide 5: 3Q14 Highlights
3Q14 Highlights Retail Expansion Commercial Activities Recognitions • 3Q14: 13 store openings • J10 James-Bronzini • Most regarded brand by Gerente Magazine • (8 Éxito & 5 Surtimax) Black collection • Most Qualified YTD: Colombia: 484 stores • Carulla es Café & Salón Professionals & Most Uruguay: 54
Slide 6: 3Q14 & YTD Financial Results
3Q14 & YTD Financial Results 3Q14 3Q13 9M14 9M13 Millions of Millions of Millions of Millions of 3Q14/13 9M14/13 COP COP COP COP Net Revenues 2,616,005 Q 2,512,150 4.1% 8,008,517 7,627,076 5.0% Gross Profit 703,772 666,576 5.6% 2,084,221 1,987,873 4.8% Gross Margin 26.9% 26.5% 26.0% 26.1% Operating
Slide 7: 3Q14 & YTD Financial Results
3Q14 & YTD Financial Results 3Q Net Revenues 9M +4.1% +5.0% 8,009 7,627 2,616 2,512 3Q13 3Q14 9M13 9M14 Figures in COP 000,000,000 27.1% 2014 LFL Grupo Exito (in local currency) SSS Growth SSS exc FX effect Q3 +0.2% +1.2% 9M +1.3% +2.3% 7
Slide 8: 3Q14 & YTD Financial Results
3Q14 & YTD Financial Results 3Q Gross Profit 9M +5.6% +4.8% 2,084 1,988 704 667 26.5% 26.9% 26.1% 26.0% 3Q13 3Q14 9M13 9M14 Figures in COP 000,000,000 3Q SG&A 9M +5.0% +4.2% 1,760 591 1,689 563 22.4% 22.6% 22.1% 22.0% 8 3Q13 3Q14 9M13 9M14
Slide 9: 3Q14 & YTD Financial Results
3Q14 & YTD Financial Results 3Q Operating Income 9M +8.5% +8.3% 324 299 112 104 4.1% 4.3% 3.9% 4.0% 3Q13 3Q14 9M13 9M14 Figures in COP 000,000,000 3Q EBITDA 9M +2.4% +4.0 615 591 200 205 8.0% 7.9% 7.8% 7.7% 9 3Q13 3Q14 9M13 9M14
Slide 10: 3Q14 & YTD Financial Results
3Q14 & YTD Financial Results 3Q Net Income 9M +16.4% +9.9% 281 100 86 255 3.4% 3.8% 3.3% 3.5% 3Q13 3Q14 9M13 9M14 Figures in COP 000,000,000 10
Slide 11: 3Q14 Strategy Follow-up
3Q14 Strategy Follow-up Omni-Channel Strategies Aliados Surtimax +600 allies YTD E-commerce: exito.com, cdiscount.com.co & Carulla.com launched “Thursday on-line” jointly with Avianca, Bancolombia & Claro Complementary Businesses Real Estate: Viva Villavicencio opened in August, 2014 o Occupancy rat
Slide 12: Investor Relations contact
www.grupoexito.com.co exitoinvestor.relations@grupo-exito.com Phone +574 3396560 12