Coca-cola Femsa Sab De Cv Units Cons Of 5 Shs -l- + 3 Shs Series -b- · BMV:KOF/UBL
Coca-cola Femsa Sab De Cv Units Cons Of 5 Shs -l- + 3 Shs Series -b- — Coca-Cola FEMSA — Non-Deal Roadshow (July 2011)
22 slides from Coca-cola Femsa Sab De Cv Units Cons Of 5 Shs -l- + 3 Shs Series -b-'s roadshow presentation, July 2011
Slide 1: Ahead of the curve
Ahead of the curve
Slide 2: Cautionary Statement
Cautionary Statement FORWARD-LOOKING STATEMENTS This presentation contains “forward-looking statements” These forward-looking statements relate to Coca-Cola FEMSA, S.A.B. de C.V. its Subsidiaries (“KOF”) and their businesses, and are based on KOF management’s good faith expectations regarding KOF an
Slide 3: Largest public bottler in terms of sales volume
Largest public bottler in terms of sales volume 2.5 Bn Unit Cases US$ 8.4 Bn in Revenues 35% of more than 200 MM consumers LatAm Close to 1.6 MM points of sale 40% of almost 70,000 employees Mexico 10% of Coca‐Cola Global volume Voting: 63.0% Voting: 37.0% Voting: 0.0% Economic: 53.7% Economic: 31.6
Slide 4: A balanced geographic footprint supports our solid track record of growth
A balanced geographic footprint supports our solid track record of growth… Mexico continues to be the largest cash flow generator while our operations in the rest of Latin America contribute importantly to both the top and bottom line of our business 2,019 8,373 Revenues EBITDA 377 1,701 (US$ mm) (U
Slide 5: …with a dynamic and attractive socioeconomic profile
…with a dynamic and attractive socioeconomic profile KOF’s territories throughout Latin America enjoy an attractive profile going forward Population Growth GDP Growth +42 MM in KOF Territories +29 MM in US +2 MM in W. Europe Age Distribution KOF Territories G7 Countries(1) 30% Under 15 53% 17% Betwe
Slide 6: The largest bottler in Mexico…
The largest bottler in Mexico… KOF is the most integrated beverage player in the industry, ranking #1 in Sparkling and Still Beverages and a strong #2 in Water As a % of KOF: Volume Revenue EBITDA 50% 37% 40% 1.24 Bn Unit Cases 443 +US$ 3.14 Bn in Revenues +US$ 672 Mn in EBITDA 21.4% EBITDA Margin +
Slide 7: …with a growing presence in the Latincentro region…
…with a growing presence in the Latincentro region… As a % of KOF: Volume Revenue EBITDA 148 159 23% 30% 32% 91 592 Mn Unit Cases +US$ 2.53 Bn in Revenues +US$ 556 Mn in EBITDA 21.9 % EBITDA Margin + 685 thousand points of sale 95 million consumers Sparkling Beverage Per Capita Consumption (8 oz. Se
Slide 8: …and solid growth in South America
…and solid growth in South America As a % of KOF: Volume Revenue EBITDA 27% 33% 28% 235 665 Mn Unit Cases US$ 2.70 Bn in Revenues +US$ 473 Mn in EBITDA 17.5 % EBITDA Margin + 269 thousand points of sale 339 56 million consumers Sparkling Beverage Per Capita Consumption (8 oz. Servings) Figures in Me
Slide 9: Our strategic framework allows us to continue building capabilities…
Our strategic framework allows us to continue building capabilities… Reach our Growth Full Operating through Potential Consolidate Innovation KOF as a Multicategory Proactive Leader Growth Environment through Management Acquisitions On the basis of our strategic framework we focus on three main task
Slide 10: …optimizing our asset structure to drive productivity across the value chain…
…optimizing our asset structure to drive productivity across the value chain… Continuously optimize our company’s processes to be more efficient and reach the full operating potential of our asset base UC per Plant UC per Distribution Center (MM) 83 (MM) 72 11.1 12.3 69 65 9.7 10.8 62 8.8 7.6 6.1 6.
Slide 11: …transforming our commercial models to focus on our customer's value potential…
…transforming our commercial models to focus on our customer’s value potential… Value based segmentation approach to capture the industry’s value potential and reach the full operating potential of our commercial models and processes Improve Core Commercial Emerg‐ Custo‐ ing Service / Processes mize
Slide 12: …while innovating to extend our boundaries into new categories and lines of business…
…while innovating to extend our boundaries into new categories and lines of business… Venturing into new business models that give our clients an additional tool to compete with the small box modern trade Large Execution Muscle +5,000 coffee dispensing machines installed in the Valley of Mexico in l
Slide 13: …enhance our customers experience through a growing portfolio of still beverages…
…enhance our customers experience through a growing portfolio of still beverages… Through innovation in product development we satisfy our consumers’ evolving tastes and drive still beverage volumes Still Beverages +136 MM unit cases of still beverages sold in our territories during 2010, selling th
Slide 14: …and differentiated execution and packaging alternatives…
…and differentiated execution and packaging alternatives… Through large scale differentiated packaging and execution initiatives we drive preference for our beverages Returnable Packaging +520 MM unit cases of beverages sold in returnable packaging during 2010 in our territories Cold Execution +1,06
Slide 15: …to offer one of the widest portfolio of beverages in the industry
…to offer one of the widest portfolio of beverages in the industry Broad category diversification, balancing the portfolio and allowing us to capture consumers in the up- and down-trade Colas Flavors Bulk Water Oran- Juices & Sports- RTD Tea Others Milk & geades Nectars drinks Dairy +4% +6% +35% CAG
Slide 16: Growing our footprint in our key markets through flexible and value creating transactions
Growing our footprint in our key markets through flexible and value creating transactions Consolidate KOF’s leadership position in Mexico Aggregate EV of Ps. 9,300 million and in Latin America Issuance of 63.5 MM KOF L shares at Ps.103.20 The combined operations would represent ~45% of the K
Slide 17: Strategic partner to the Coca-Cola System towards fulfilling its 2020 vision
Strategic partner to the Coca-Cola System towards fulfilling its 2020 vision We operate in the most important markets for the Coca-Cola System and will continue to play a key role within one of the largest and fastest growing regions, Latin America 2009 Per Capita Consumption of KO Products KO Volum
Slide 18: Solid full year 2010 results
Solid full year 2010 results Balanced portfolio of geographies supported by our ability to take pricing deliver strong local currency growth Volume Revenues EBITDA FY 2010 FY 2010 FY 2010 (2,500 Mn Unit Cases) (US$ 8,373 Mn) (US$ 1,701 Mn) 27% 50% 28% +9.3% 33% 37% 40% +1.2% 23% (0.2)% 30% 32% Divis
Slide 19: Balanced second quarter 2011 results
Balanced second quarter 2011 results Volume Revenues EBITDA 2Q 2011 2Q 2011 2Q 2011 (666 Mn Unit Cases) (US$ 2,400 Mn) (US$ 484 Mn) 23% 23% +3.9% 30% 55% 42% 49% 22% +6.5% +2.7% 28% 29% Divisional Growth Mexico division Latincentro division Mercosur division Local Currency Revenue Growth + 11% +15%
Slide 20: Strong financial position
Strong financial position KOF has increased its dividend payout driven by strong cash flow generation 360 Historical Dividend (US$ mm)(1) 200 90 103 75 59 57 61 45 $500 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 $413 Amortization Table (US$ mm) $240 $212 $211 $119 $107 $59 2011 2012 2013 2014
Slide 21: Sustainable management of our environment
Sustainable management of our environment Our sustainable development is integral to our strategic framework for business growth Energy Savings tons of CO2 emissions avoided in our +200,000 facilities since 2004. the equivalent of the annual energy consumption of 100,000 five member families Green E
Slide 22: Coca-Cola FEMSA is today a global multicategory company
Coca-Cola FEMSA is today a global multicategory company with Strong Partnership With a Winning Business Model Efficient asset utilization & state-of-the-art systems Value creating acquisitions levered by compelling innovation Evolving commercial model & capability transfer mechanisms Strong Cash Flo