Grupo Bimbo Sab De Cv Class A · BMV:BIMBO/A
Grupo Bimbo Sab De Cv Class A — Investor Presentation (2019)
18 slides from Grupo Bimbo Sab De Cv Class A's investor presentation, 2019
Slide 1: Investor Presentation First Quarter 2019
INVESTOR PRESENTATION First Quarter 2019
Slide 2: Grupo Bimbo Today
Grupo Bimbo Today Control Group: 75% Float: 25% Market cap(1) US $9.8 Bn North America Mexico Latin America EAA Sales(2) US $15.0 Bn U.S. Canada Adj. EBITDA(2) US $1.7 Bn Countries 32 Plants 198 Routes ≈60,000 Points of sale ≈3.2 mm Associates ≈136,000 Products ≈13,000 ______________ (1) As of March
Slide 3: Globally Present, Locally Committed
Globally Present, Locally Committed North America(1) Latin America(2) Emerging • Sales: 50% • Sales: 10% EAA(3) Markets 43% 80 32 • Sales: 9% Grupo Bimbo 48 Sales Split Developed Markets(4) Mexico 57% • Sales: 31% 38 ____________ Figures for the last twelve months ended as of March 31st, 2019 (1) In
Slide 4: #1 Player in the Industry with High Growth Potential
#1 Player in the Industry with High Growth Potential Grupo Bimbo Industry • Resilience to economic downturns 4.5% Fundamentals • Non-discretionary consumer products • High consumption frequency Artisanal 31% Competitive • Highly fragmented industry US $426 Bn Dynamics • Short shelf life of products
Slide 5: Strong Leadership Position Across Markets
Strong Leadership Position Across Markets North America Mexico Latin America(1) EAA(1) Sliced Modern Channel Bread (2) 1 Supermarkets, convenience Buns & stores, among others Rolls Bagels ∙ (4) Traditional eRl IsE S ESS 2 CHANNELS ∙ R II E English Muffins “Mom & pops” ∙ ∙ OR Coo
Slide 6: Our Top Global Brands
Our Top Global Brands +US$500 10 +US$100 2 Brands Brands MILLION MILLION +US$1 5 Brands +US$250 5 Brands BILLION MILLION 19* 11* 14* 20* ____________ *Brands in more than 10 countries Source: Internal information on estimated retail sales by brand considering the last twelve months as of March 31 th
Slide 7: World Class Production and Distribution Capabilities with Superior Execution at the Point of Sale
World Class Production and Distribution Capabilities with Superior Execution at the Point of Sale Focused on 198 facilities Investing in robotic with access to state- low cost process of-the-art technology production automation Benefit from Scale and Efficient Production Capabilities Our distributio
Slide 8: Our Innovation Platform
Our Innovation Platform 1Q19 Success Stories Disruptive product innovation In-store bakery E-commerce Distribution capabilities Investment in promising start ups Leveraging disruptive techology Electric vehicles TECHNOLOGY Big Data: increasing our information processing and storage c
Slide 9: The Management Team has Positioned Grupo Bimbo as a Global Market Leader
The Management Team has Positioned Grupo Bimbo as a Global Market Leader Top Management • Track record of stability and sustainable growth • Successfully developed and consolidated market leadership • Focus on effective and rapid response to the constantly changing consumer demands and competitive e
Slide 10: Building a Sustainable, Highly Productive and Deeply Humane Company
Building a Sustainable, Highly Productive and Deeply Humane Company Global commitment to Bimbo Bakeries USA received reduce the use of plastic the 2019 Energy Star® Partner along its value chain by of the Year Award from the making 100% of packaging U.S. Enironmental Protecton made from recyclable A
Slide 11: Sustained Growth with Potential to Increase Profitability
Sustained Growth with Potential to Increase Profitability Net Sales(1) Adj. EBITDA(1) 291.3 31.7 32.1 288.3 29.3 267.5 27.3 252.1 23.4 219.2 187.1 18.4 2014 2015 2016 2017 2018 LTM 1Q19 2014 2015 2016 2017 2018 LTM 1Q19 Mexico International GB 9.8% 10.7% 11.6% 10.2% 11.0% 11.0% 2008 64% 36% Mexico 1
Slide 12: Looking Forward
Looking Forward By 2020, we transform the baking industry and expand our global leadership to better serve more consumers 12
Slide 13: Accelerating and Creating Venues of Growth
Accelerating and Creating Venues of Growth • New growth avenue for Grupo Bimbo Bimbo since October 2017 • Present in 73% of the global QSR markets QSR • High growth industry • World’s most populated country • 2nd largest economy • 6.4% average GDP growth • #2 player in baking CHINA • Increased manuf
Slide 14: Proven Track Record of Deleveraging
Proven Track Record of Deleveraging Leverage Total debt/ Adj. EBITDA Total Debt / Adj. EBITDA 3.3 1 3.3 1 3.2 1 3.1 3.0 2.9 2.8 2.8 2 2.8 2.3 2.3 2.1 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 1Q19 US$ 2.4 bn US$ 709 mm CAD$ 1.8 bn US$ 650 mm ____________ (1) Leverage ratio pro-forma Wes
Slide 15: Conservative Debt Profile and Ample Liquidity
Conservative Debt Profile and Ample Liquidity Total Debt: US$4,456mm Currency Mix % (1) Avg. Tenor: 10.3 yrs. 100% Fixed Avg. Cost: 6.0% Rate MXN Ratings: BBB/Baa2/BBB S&P/Moody’s/Fitch 37% Figures in US$ mm as of 1Q’19 USD 58% US$2.0bn in undrawn committed revolver facilities CAD 5% 800 800 800 650
Slide 16: Key Investment Highlights
Key Investment Highlights Global consumer food company, leader in the baking industry, with diversified portfolio of Growth opportunity within a categories, channels and geographic fragmented industry presence Global brands with top of mind awareness Proven sustained growth with history of margin ex
Slide 17: Thank you!
Thank you! www.grupobimbo.com ir@grupobimbo.com 17
Slide 18: Disclaimer
Disclaimer The information contained here in has been prepared by Grupo Bimbo, S.A.B. de C.V. (the “Company") solely for use at this presentation. This presentation does not purport to contain all of the information that may be required to evaluate any investment in the Company or any of its securit