Companhia Brasileira De Distribuicao · BMFBOVESPA:PCAR3
Companhia Brasileira De Distribuicao — Q2 2023 Earnings Presentation
16 slides from Companhia Brasileira De Distribuicao's earnings presentation, Jul 27, 2023
Slide 1: 2Q23 Earnings Presentation
2Q23 EARNINGS PRESENTATION July 27th, 2023 1
Slide 2: Disclaimer
DISCLAIMER Statements contained in this release regarding the Company's business outlook, projections of operating / financial profit and loss, the Company's growth potential, and related to market and macroeconomic estimates constitute mere forecasts and were based on the beliefs, intentions, and e
Slide 3: 2Q23 Highlights
2Q23 HIGHLIGHTS Marcelo Pimentel, CEO 3
Slide 4: 2Q23 Highlights
Gross Revenue (ex gas stations) 2Q23 HIGHLIGHTS Strong double-digit growth of new GPA Brazil¹ • Gross Revenue reached R$ 5.1 billion, showing an increase of 16.7% 14.7%; • Gross Revenue (ex gas stations) totaled R$ 4.7 billion, an increase of 16.7%; • Same Store Sales (ex gas stations) increased by
Slide 5: 2Q23 Main Pillars Highlights
2Q23 MAIN PILLARS HIGHLIGHTS TOP LINE GROWTH AND IMPROVEMENTS IN IMPORTANT INDICATORS 01 TOP LINE – Strong gain in Marketshare¹ : Total GPA growing 0.8 p.p vs. Brazil Self-Service market. ▪ +2.6 p.p. in proximity format vs. SP small markets; ▪ +1.9 p.p. in Pão de Açúcar banner vs. premium markets; ▪
Slide 6: 2Q23 Main Pillars Highlights
2Q23 MAIN PILLARS HIGHLIGHTS TOP LINE GROWTH AND IMPROVEMENTS IN IMPORTANT INDICATORS 04 EXPANSION In 2Q23: 23 stores opened ▪ 20 new Minuto Pão de Açúcar stores; ▪ 3 new Mini Extra stores; In 6M23: 29 new stores ▪ 101 new stores since 2022 with R$ 1.7 Billion in incremental sales, being R$ 509 Mill
Slide 7: 2Q23 Main Pillars Highlights: ESG & Culture
2Q23 MAIN PILLARS HIGHLIGHTS TOP LINE GROWTH AND IMPROVEMENTS IN IMPORTANT INDICATORS 06 ESG & CULTURE Promotion of diversity and inclusion Women in leadership position reached 40%, accomplishing our target established for 2025 By the second year GPA has been part of Bloomberg Gender Equality Index
Slide 8: Unification of Mainstream's Value Proposition
UNIFICATION OF MAINSTREAM’S VALUE PROPOSAL IN-PROGRESS PLAN FOR PROFITABILITY GROWTH Conversion of 30 Compre Bem stores into Extra Mercado • Growth acceleration with higher profitability • Low investment cost • Conversion of 100% of the stores in 3Q23 Clients' better profitability and loyalty • Asso
Slide 9: Financial Performance
FINANCIAL PERFORMANCE Guillaume Gras, CFO 9
Slide 10: Financial Performance New GPA Brazil
FINANCIAL PERFORMANCE Total sales of New GPA Brazil totaled R$ 5.1 billion in 2Q23 with an NEW GPA BRAZIL increase of 14.7% or 16.7% excluding gas stations. TOTAL SALES Same Store Sales growth of 6.4% if compared to 2Q22, excluding gas (R$ million) stations +6.4% SAME STORES SALES¹ In e-commerce, GM
Slide 11: Financial Performance New GPA Brazil
FINANCIAL PERFORMANCE NEW GPA BRAZIL¹ Gross margin growth of 0.4 p.p. and 2.2 p.p vs. GROSS PROFIT (R$ million) & MARGIN (%) 1Q23 and 4Q22, respectively, as a result of steps +0.4 p.p. forward on strategic pillars, with Premium format 26.6% 24.8% 23.8% 22.6% 24.4% recovery, commercial negotiation im
Slide 12: Financial Performance Consolidated
FINANCIAL PERFORMANCE CONSOLIDATED NET PROFIT CONTINUED ACTIVITIES NET DEBT (R$ million) (R$ million) Net income from continued activities decreased by R$ 117 million, impacted by the financial result Net Debt reduction by R$ 1.5 billion vs. 2Q22 and R$ 100 million vs. 1Q23. Cash position of BRL 3.2
Slide 13: Segregation Transaction Estimated Schedule Grupo Éxito
SEGREGATION TRANSACTION ESTIMATED SCHEDULE GRUPO ÉXITO Creditors Capital 20F filling - SFC e Deceval Waivers and Reduction Éxito Approval along Debtholders Approval in Application for with Approval of ESM with 92% public Colombian 100% of of votes registration on regulators creditors Opposition SEC
Slide 14: Q&A
Q&A www.gpari.com.br e BES extra . — > ZED seam Ubertad Pisen
Slide 15: Final Messages
FINAL MESSAGES Marcelo Pimentel, CEO 15
Slide 16: Final Messages: New GPA Strategic Pillars
FINAL MESSAGES NEW GPA – STRATEGIC PILLARS 16
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