Companhia Brasileira De Distribuicao · BMFBOVESPA:PCAR3
Companhia Brasileira De Distribuicao — GPA (Grupo Pão de Açúcar) — Q1 2025 Earnings Presentation
14 slides from Companhia Brasileira De Distribuicao's earnings presentation, May 6, 2025
Slide 1: Earnings Presentation 1Q25
EARNINGS P R E S E NTAT I O N 1 Q2 5 MAY 06th, 2025 1
Slide 2: Disclaimer
2 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
Slide 3: Highlights
3 HIGHLIGHTS 1 Q2 5 Marcelo Pimentel, CEO
Slide 4: 1Q25 Strategic Pillars Highlights
1Q25 STRATEGIC PILLARS HIGHLIGHTS Same-store sales increased across all formats with volume growth (1) • Pão de Açúcar grows 6.5%, with resilience and consistency of its premium value proposition • Extra Mercado continues to recover, with a 6.6% increase • Proximity format posts its best result in e
Slide 5: 1Q25 Strategic Pillars Highlights
1Q25 STRATEGIC PILLARS HIGHLIGHTS Expansion of the premium proximity format, driven by high profitability and strong growth • The EBITDA margin of the Proximity format increased by 1.1 p.p., reflecting the success of the model • Since the beginning of the expansion plan in 2022, 169 Proximity stores
Slide 6: 1Q25 Strategic Pillars Highlights
6 1Q25 STRATEGIC PILLARS HIGHLIGHTS Waste Management We expanded our partnership with Food to Save to Proximity stores. Since the beginning of the initiative, over 148,000 bags have been sold, preventing the waste of 81 tons of food. Promotion of Diversity and Inclusion We reinforced our commitment
Slide 7: Financial Performance
7 FINANCIAL PERFORMANCE Rafael Russowsky, CFO
Slide 8: Financial Performance: Gross Profit and Adjusted EBITDA
8 FINANCIAL PERFORMANCE GROSS PROFIT (R$ million) AND MARGIN (%) +0.4 p.p. 28.2% 27.7% 27.2% 27.2% 27.6% 26.6% 27.0% Gross Margin progress, driven by greater efficiency and 26.3% 25.7% assertiveness in commercial negotiations, operational 23.8% 22.6% enhancements, and the expansion of retail media r
Slide 9: Financial Performance: Net Income/Loss
9 FINANCIAL PERFORMANCE NET INCOME/LOSS¹ CONTINUED OPERATION (R$ million) -77,0% Continued Net Loss improved significantly by R$ 313 million, driven by the operational performance evolution, lower impact from tax settlement provisions, and the reversal of part of the provision related to the 2022 CS
Slide 10: Managerial Cash Flow
10 FINANCIAL PERFORMANCE MANAGERIAL CASH FLOW NET DEBT VARIATION LTM 1Q25 LTM 1Q24 Δ R$ Adjusted EBITDA Consolidated pre-IFRS16(1) 840 533 307 (-) Equity Income (Brazil) (65) (59) (6) LTM Operational Cash Flow of R$ 1,0 billion in 1Q25. Significantly increase of Working Capital of Goods Variation 15
Slide 11: Net Debt
11 FINANCIAL PERFORMANCE NET DEBT(1) (R$ million) +681 2,401 629 1,720 772 749 382 709 157 95 Operational Cash Flow(2) R$ 1,0 billion Net Debt Adjusted EBITDA Working capital of Other operational Adjusted Capex Sale of assets / Other operating Net Financial costs Net Debt 1Q24 pre-IFRS16 ex. goods v
Slide 12: Q&A
(“GPA Grupo Pao de Acucar Q&A www.gpari.com.br (ay minuto a extra ‘hin’ PaoseAcicar i MERCADO
Slide 13: Final Messages
13 FINAL MESSAGES Marcelo Pimentel, CEO
Slide 14: Final Messages: Strategic Pillars
14 FINAL MESSAGES Pilares Estratégicos
GPA (Grupo Pão de Açúcar) — Q1 2025 Earnings Presentation on 6ix