Grupo Nutresa S.a. · BVC:NUTRESA
Grupo Nutresa — Q1 2026 Earnings Presentation
19 slides from Grupo Nutresa's earnings presentation, March 2026
Slide 1: Grupo Nutresa 1Q 2026 Financial Results
Grupo Nutresa 1Q 2026 Financial Results
Slide 2: Disclaimer
DISCLAIMER This document contains forward looking statements related to Grupo Nutresa S.A. and its subordinated companies, under assumptions and estimations made by company management. For better illustration and decision making purposes Grupo Nutresa’s figures are consolidated; for this reason they
Slide 3: Key Messages: First Quarter in Review
KEY MESSAGES First Quarter in Review • Strong start of the year with double-digit sales increases in our home market of Colombia (+14,3%) and high-single digit increase (+8,3%) in dollars in our other geographies. • Sales were leveraged by a + 2,5% increase in volumes • 370 basis points expansion of
Slide 4: New Category-Based Business Reporting
NEW CATEGORY-BASED BUSINESS REPORTING Starting on 1Q 2026, the business units' financial and commercial reporting will be reorganized as follows: Will consolidate all regional coffee, tea, and Will consolidate Colombia´s restaurant operation. beverage categories, some of which were Will no longer in
Slide 5: Total Sales – Accumulated
Total Sales – Accumulated COP 5.196,5 6,6% Percentage variation in volume -Q and + 8,5% + 11,4% Q 2,5% * prices -P Billion COP 4,0% % chg. YoY Billion COP 1.095,6 1.040,1 P USD 1.405,7 20,8% Million USD - 5,1% + 5,2% 824,1 783,7 Billion COP + 7,9% + 15,7% 416,8 + 13,2% 368,1 - 0,4% 263,9 + 17,3% 222
Slide 6: Colombia & International Sales
Colombia & international sales + 7,2% Colombia sales 759,0 COP 3.282,0 14,3% + 27,2% + 25,4% + 2,0% Billion COP 476,8 473,5 452,2 + 14,3% Billiion COP USD 887,8 29,5% + 13,2% + 31,5% Million USD 297,7 263,9 + 17,3% - 0,2% 244,5 181,7 132,8 Convention +7,2% % YoY COP variation 759,0 COP Sales in Bill
Slide 7: Sales by Region
Sales by region 2026 United States 12,6% Convention Mexico 2,6% Cold cuts Biscuits Dominican Republic and the Caribbean 1,5% Chocolates 63,2% Central America Coffee Colombia 9,3% Ice cream Pasta Colombia 63,2% Retail Food Other Ecuador 1,6% Food Service Production 36,8% International Peru Distributi
Slide 8: Raw Materials and Commodities Index
Raw materials Grupo Nutresa Cost Breakdown rolling year Commodities Index –GNCI 2026 Denominated in USD 250 GNCI - Market 240 1,0% Poultry 230 Other 33,5% 220 209 2,0% Beef 210 200 190 176 1,8% Milk 180 170 162 3,8% Oils&Fats 160 150 3,4% Sugar 140 130 121 120 117 6,1% Pork 110 107 100 112 87 87 6,2
Slide 9: EBITDA Accumulated 2026
EBITDA Accumulated 2026 25,5% EBITDA per 19,0% 17,9% business unit + 65,6% + 22,5% + 42,2% 22,8% 210,2 197,9 195,8 + 42,4% Excl. non-recurrent expenses 178,7 COP 1.062,1 43,4% Billion COP 27,4% USD 287,2 62,4% Billion COP + 60,6% Million COP 101,0 25,0% 14,1% EBITDA Margin + 9,3% + 102,0% 19,3% 20,4
Slide 10: Consolidated Net Debt
Consolidated net debt 20.000 18.000 COP 1.000.000.000 2.109 1.116 16.000 998 981 1.159 14.000 1.107 696 1.023 3.038 3.050 1.085 1.286 12.000 4.765 4.352 10.000 8.000 6.000 11.704 12.000 11.896 1.133 4.000 8.385 8.139 2.000 4.345 0 Bidge loan Bonds Banking debt Leases (IFRS16) Intercompany operations
Slide 11: Consolidated Debt – Principal Maturity
Consolidated Debt – Principal Maturity 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Total % Total Debt 0,1% 1,2% 6,2% 7,3% 41,7% 1,6% 2,8% 0,0% 0,0% 39,2% Banking debt 12.536 167.148 875.312 1.023.399 351.350 220.754 400.000 3.050.500 Bonds 5.504.940 5.504.940 11.009.880 Total Debt 12.536 167.1
Slide 12: Closing Remarks
CLOSING REMARKS Year end Guidance Affirmed • High single to double digit top line growth, with an adequate balance between local and international execution. • Ebitda margins will remain in a corridor of between 19% - 20%, equivalent to US 1,15 bn to USD 1,25 billion. • Capex execution will be appro
Slide 13: Appendix
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Slide 14: Income Statement
Income statement Accumulated COP MM % Var No 2026-03 No Expenses FX effects Expenses 2025-03 No NRE* and 2026-03 % NRE* and % 2025-03 % % Var NR* not realized NR* NRE* unrealized unrealized FX FX Operating revenue 5.196.511 100,0% 0 0 5.196.511 100,0% 4.872.788 100,0% 0 4.872.788 100,0% 6,6% 6,6% Co
Slide 15: Financial Position – Assets
Financial position 2026 March 2026 December 2025 % Var. ASSETS Current assets Cash and cash equivalents 3.809.896 3.195.196 19,2% Financial asset measured at amortized cost 1.287.036 102.540 N/A Trade receivables and other account receivables, net 2.266.400 2.108.177 7,5% Inventories 2.494.520 2.558
Slide 16: Financial Position – Liabilities
Financial position 2026 March 2026 December 2025 % Var. LIABILITIES Current liabilities Financial obligations 1.340.122 902.519 48,5% Loans from related parties 1.042.647 6.836 N/A Right-of-use liabilities 161.743 158.714 1,9% Trade payables and other payables 2.161.375 2.370.452 -8,8% Tax charges 6
Slide 17: Profitability Accumulated – COP/USD
Profitability Accumulated – COP/USD EBITDA EBITDA Margin Business COP MM %Var 2026 2026 NRE* 2025 2025 NRE* %Var 2026 2026 NRE* 2025 2025 NRE* NRE* Coffee 192.486 195.833 135.345 137.716 42,2% 42,2% 17,6% 17,9% 13,4% 13,6% Biscuits and Snacks 193.118 197.949 159.239 161.556 21,3% 22,5% 18,6% 19,0% 1
Slide 18: Quarterly Average Exchange Rates
QUARTERLY AVERAGE EXCHANGE RATES AVERAGE EXCHANGE RATES PER YEAR USD/CURRENCY AVERAGE CROSS EXCHANGE RATES PER YEAR CURRENCY/COP AVERAGE EXCHANGE AVERAGE EXCHANGE AVERAGE EXCHANGE AVERAGE EXCHANGE COUNTRY CURRENCY RATES FOR THE YEAR RATES FOR THE YEAR VAR. % COUNTRY CURRENCY RATES FOR THE YEAR RATES
Slide 19: Contact
Contact Catherine Chacón Navarro Director of Corporate Finance and Investor Relations Officer 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":