Alicorp Saa · BVL:ALICORC1
Alicorp Saa — Alicorp — Q3 2025 Earnings Presentation
18 slides from Alicorp Saa's earnings presentation, Oct 31, 2025
Slide 1: Earnings Call Third Quarter 2025
October 31, 2025 EARNINGS CALL THIRD QUARTER 2025 We feed a better tomorrow
Slide 2: Disclaimer
DISCLAIMER This presentation may contain financial or business projections regarding recent acquisitions, their financial or business impact, management expectations and objectives regarding such acquisitions and current management expectations on the operating and financial performance of The Compa
Slide 3: Topics
TOPICS HIGHLIGHTS 1 CONSOLIDATED OPERATING RESULTS 2 OPERATING RESULTS BY BUSINESS UNIT 3 LIQUIDITY AND BALANCE SHEET 4 GUIDANCE 5
Slide 4: Highlights
HIGHLIGHTS
Slide 5: Highlights: Relevant events
HIGHLIGHTS Relevant events CLOSING OF THE ACQUISITION OF JABONERÍA WILSON S.A. ✓ Agreement for 100% of the shares ✓ Enterprise value: USD 125.5 million ✓ Strengthen our presence in the Andean Region PRESIDENT BOLUARTE WAS IMPEACHED BY THE CONGRESS ✓ José Jerí, President of Congress, assumed the pres
Slide 6: Consolidated Operating Results
CONSOLIDATED OPERATING RESULTS
Slide 7: Adjusted gross profit increased year-over-year
CONSOLIDATED OPERATING RESULTS Adjusted gross profit – Q3 '25 vs. Q3 '24 PERFORMANCE SUMMARY – AJUSTED GROSS PROFIT1 PEN million +18% +16% ADJUSTED GROSS 551 648 2,365 PROFIT INCREASED YEAR-OVER-YEAR +6% 2,034 SUPPORTED BY 750 9 36 50 798 STRONG VOLUME -48 GROWTH ACROSS MOST BUSINESS UNITS DESPITE 2
Slide 8: Adjusted EBITDA grew year-over-year
CONSOLIDATED OPERATING RESULTS Adjusted EBITDA – Q3 '25 vs. Q3 '24 PERFORMANCE SUMMARY – AJUSTED EBITDA1 PEN million 551 +18% 648 +24% ADJUSTED EBITDA 1,377 GREW YEAR-OVER- YEAR SUPPORTED +6% 1,108 BY HIGHER GROSS +8% PROFIT AND SOLID 426 6 432 49 16 467 16 451 25 OPERATIONAL -14 -42 PERFORMANCE, DE
Slide 9: Operating Results by Business Unit
OPERATING RESULTS BY BUSINESS UNIT
Slide 10: Consumer Goods Peru and International Business
OPERATING RESULTS BY BUSINESS UNIT1 Consumer Goods Peru and International Business ADJUSTED GROSS PROFIT & MARGIN ADJUSTED EBITDA & MARGIN -0.3% -9% 1,106 1,102 633 573 CONSUMER GOODS +2% 39.8% 37.5% -6% 386 395 221 PERU2 39.3% 350 36.4% 38.3% 22.5% 170 207 20.1% 22.8% 19.5% PEN million 17.7% Q3 ’24
Slide 11: B2B and Aquafeed
OPERATING RESULTS BY BUSINESS UNIT1 B2B and Aquafeed ADJUSTED GROSS PROFIT & MARGIN ADJUSTED EBITDA & MARGIN 29% 30% 521 327 404 252 +24% +26% B2B – ALICORP 188 124 SOLUCIONES2 151 21.7% 166 21.4% 21.9% 22.4% 21.6% 98 105 14.4% 14.0% 13.6% PEN million 14.1% 13.5% Q3 ’24 Q2 ’25 Q3 ’25 YTD ’24 YTD ’25
Slide 12: Liquidity and Balance Sheet
LIQUIDITY AND BALANCE SHEET
Slide 13: Leverage improved despite M&A activity and share buybacks
LIQUIDITY AND BALANCE SHEET Leverage INDEBTEDNESS EVOLUTION1 2.6 DESPITE M&A 2.0 2.0 2.0 2.1 2.5 ACTIVITY AND 2.0 1.9 SHARE BUYBACKS, 3,930 1.8 1.8 3,695 LEVERAGE 3,339 3,482 IMPROVED 0.6x YoY, 3,090 SUPPORTED BY SUSTAINED EBITDA GROWTH, STRONG Q3 ’24 Q4 ’24 Net debt (PEN million) Q1 ’25 Net debt /
Slide 14: Our View for 2025
OUR VIEW FOR 2025
Slide 15: Our Expectations for 2025: Guidance
OUR EXPECTATIONS FOR 2025 Guidance CONSOLIDATED ADJUSTED LEVERAGE CAPEX REVENUE EBITDA 14-16% APPROXIMATELY 2.1x-2.2x USD 67 MILLION GROWTH 10% GROWTH NET DEBT-TO- ADJUSTED EBITDA 15
Slide 16: Earnings Call Third Quarter 2025
October 31, 2025 EARNINGS CALL THIRD QUARTER 2025 We feed a better tomorrow
Slide 17: Reported and adjusted results summary
APPENDIX Reported and adjusted results summary Q3 ’24 Q3 ‘25 YTD '24 YTD '25 Reported Adjusted Reported Adjusted Reported Adjusted Reported Adjusted CGP 386.2 386.2 395.3 395.3 1,105.7 1,106.1 1,102.4 1,102.4 GROSS PEN Int. Business PEN 100.8 100.8 53.0 53.0 260.0 260.0 227.3 227.3 PROFIT B2B PEN 15
Slide 18: Slide 18