Grupo Nutresa S.a. · BVC:NUTRESA
Grupo Nutresa — Q2 2021 Earnings Presentation
19 slides from Grupo Nutresa's earnings presentation, 2021
Slide 1: Grupo Nutresa Results 2Q 2021
Grupo Nutresa Results 2Q 2021
Slide 2: Events of Interest - Pets: Belina acquisition
EVENTS OF INTEREST - Pets: Belina acquisition On July 7th, Grupo Nutresa completed the acquisition of Belina, a company with 15 years of experience in the production and distribution of animal feed in Costa Rica. The final closing price for this transaction, after adjustments, was USD 29 mm. Belina´
Slide 3: Events of Interest – Recognitions
EVENTS OF INTEREST – Recognitions Grupo Nutresa, second best company to attract and retain talent in Colombia 3
Slide 4: Events of Interest – Chapter: Others
EVENTS OF INTEREST – Chapter: Others Food Service Novaventa, third-party distribution, new categories and ventures such as: 35,0% 65,0% 4
Slide 5: Colombia & international sales 2Q2021
Colombia & international sales 2Q2021 Colombia sales + 3,8% Q -1,0% * Sales per COP 1.765,2 15,3% 479,6 P 7,9% business unit Billion COP - 5,4% + 13,0% 275,0 + 18,8% + 47,1% 244,7 + 121,2% + 27,4% Percentage variation in volume (Q) and 185,1 - 1,5% 206,2 prices (P) 141,3 129,1 Billion COP 104,0 % ch
Slide 6: Sales total 2Q2021
Sales total 2Q2021 Sales total Sales per COP 2.942,0 10,4% business unit Billion COP - 8,9% + 3,2% 518,7 533,4 + 16,2% + 8,7% 446,6 448,7 + 2,6% 323,4 + 103,6% + 45,2% Billion COP 213,7 223,5 + 27,4% - 1,7% 129,1 105,0 Other Biscuits Cold cuts Chocolates Coffee TMLUC Retail Food Ice cream Pasta Othe
Slide 7: Colombia & international sales accumulated 2021
Colombia & international sales ACCUMULATED 2021 Colombia sales + 4,4% Q -3,4% * Sales per COP 3.510,1 11,2% 958,1 P +8,8% + 10,3% business unit Million COP - 3,8% + 9,5% + 42,3% 483,7 545,3 + 47,5% + 17,1% Percentage variation in volume (Q) and 356,9 - 2,9% 428,1 279,3 prices (P) 264,7 Billion COP 1
Slide 8: Sales total accumulated 2021
Sales total ACCUMULATED 2021 Sales total Sales per COP 5.775,7 8,5% business unit Billion COP + 3,8% - 7,4% 1.062,4 1.020,3 + 12,8% + 9,7% 884,5 870,8 + 3,6% 597,0 + 43,0% + 42,2% 462,0 Billion COP 418,4 + 17,1% 264,7 - 3,1% 195,7 Other Biscuits Cold cuts Chocolates Coffee TMLUC Retail Food Ice crea
Slide 9: Sales by region 2021
Sales by region 2021 United States Dominican Republic and the Carribbean 11,8% 1,9% Mexico Venezuela 3,1% 60,8% Colombia Central America Peru 9,6% 1,7% Colombia Chile 39,2% 60,8% 6,9% International Ecuador Other 1,3% 2,9% Convention Production Distribution Services 9
Slide 10: Raw materials: Grupo Nutresa Commodities Index
Raw materials Grupo Nutresa Cogs Breakdown Commodities Index (GNCI) 2021 220 14,1% Packing material 195 12,4% Coffee Other 39,7% 7,5% Pork 170 6,1% Wheat 145 5,7% Cocoa 144 4,2% Sugar 120 3,9% Oils & fats 112 95 113 102 95 2,7% Milk 78 81 87 87 86 82 2,6% Beef 70 2011 2012 2013 2014 2015 2016 2017 2
Slide 11: EBITDA 2Q2021
EBITDA 2Q2021 EBITDA EBITDA per COP 351,6 5,0% business unit Billion COP 14,2% 13,4% - 10,9% Margin EBITDA 9,6% + 3,8% 12,0% 63,9 - 31,9% 60,0 21,2% 8,0% 12,6% + 684,5% 51,5 - 52,9% - 16,2% 45,4 41,5 40,6 Billion COP 15,4% 16,2% + 26,2% 5,4% - 7,8% 19,8 17,0 + 425,0% 12,0 Other Biscuits Cold cuts Ch
Slide 12: EBITDA accumulated 2021
EBITDA ACCUMULATED 2021 EBITDA EBITDA per COP 749,2 0,4% business unit Billion COP 14,6% 14,3% 11,2% + 11,7% Margin EBITDA - 8,4% - 21,1% 129,2 13,0% 9,7% 124,2 118,7 21,6% - 38,6% 99,3 12,2% 274,4% + - 9,3% 90,2 72,9 17,7% Billion COP + 27,2% 16,4% 7,7% 46,9 + 2,4% + 246,7% 32,0 35,7 Other Biscuits
Slide 13: Income statement 2Q2021
Income statement 2Q2021 2021 2Q % Revenues 2020 2Q % Revenues % Var. Continuing operations Operating revenue 2.942.014 2.665.449 10,4% Cost of goods sold -1.735.923 -59,0% -1.541.575 -57,8% 12,6% Gross profit 1.206.091 41,0% 1.123.874 42,2% 7,3% Administrative expenses -131.300 -4,5% -119.542 -4,5%
Slide 14: Income statement accumulated 2021
Income statement ACCUMULATED 2021 Jan - Jun 2021 % Revenues Jan - Jun 2020 % Revenues % Var. Continuing operations Operating revenue 5.775.714 5.324.782 8,5% Cost of goods sold -3.382.097 -58,6% -3.068.367 -57,6% 10,2% Gross profit 2.393.617 41,4% 2.256.415 42,4% 6,1% Administrative expenses -250.22
Slide 15: Consolidated net debt
Consolidated net debt 3.500 2.808 2.906 Billion COP 3.000 2.709 2.596 2.485 2.441 2.419 2.500 2.000 1.752 1.581 1.500 1.000 500 0 Dec-13 Dec-14* Dec-15* Dec-16* Dec-17* Dec-18* Dec-19* Dec-20* Jun-21* Net debt 1.581 1.752 2.808 2.906 2.596 2.441 2.709 2.419 2.485 Net debt / EBITDA 1,90 2,10 2,88 2,8
Slide 16: Contact
Contact Catherine Chacón Navarro Investor Relations Director e-mail: cchacon@gruponutresa.com Tel: (+574) 325 8731 www.gruponutresa.com This presentation and further detailed information can be found in the following link in our section "Grupo Nutresa Valuation Kit": http://www.gruponutresa.com/es/c
Slide 17: Financial position 2021 - Assets
Financial position 2021 June 2021 December 2020 % Var. ASSETS Current assets Cash and cash equivalents 882.837 933.564 -5,4% Trade and other receivables, net 1.229.635 1.191.711 3,2% Inventories 1.460.169 1.379.984 5,8% Biological assets 159.664 127.614 25,1% Other assets 434.423 228.087 90,5% Non-c
Slide 18: Financial position 2021 - Liabilities
Financial position 2021 June 2021 December 2020 % Var. LIABILITIES Current liabilities Financial obligations 376.104 486.736 -22,7% Right-of-use liabilities 114.611 126.727 -9,6% Trade and other payables 1.470.292 1.283.494 14,6% Tax charges 283.931 240.011 18,3% Employee benefits liabilities 201.78
Slide 19: Disclaimer
Disclaimer This document can contain forward looking statements related to Grupo Nutresa S.A. and its subordinated companies, under assumptions and estimations made by company´s management. For better illustration and decision making purposes Grupo Nutresa’s figures are consolidated; for this reason