Grupo Nutresa S.a. · BVC:NUTRESA
Grupo Nutresa — Q4 2020 Earnings Presentation
19 slides from Grupo Nutresa's earnings presentation, February 2021
Slide 1: Grupo Nutresa Results 4Q 2020
GRUPO NUTRESA Grupo Nutresa Results 4Q 2020 1
Slide 2: Highlights: Awards and Recognitions
HIGHLIGHTS: AWARDS AND RECOGNITIONS WE ARE THE MOST SUSTAINABLE Gold Category FOOD COMPANY IN THE WORLD #1 in 2020 2021 We participate in three of these indices: Bronze Category Silver Category 2012 & 2014 2015 - 2020 World Emerging markets Latin American Integrated Index index Market Index (MILA) x
Slide 3: 2020 Highlights
2020 HIGHLIGHTS Sustained growth & ESG integration as a global competitive advantage Improvement Risk Substantial Best-in Class of return on management Top Line ESG Global invested during the Growth Practices capital pandemic Consolidated growth of ROIC 9,6% 11,7% in 2020 #1 Caring for people's live
Slide 4: Colombia & International Sales 4Q2020
COLOMBIA & INTERNATIONAL SALES 4Q2020 Colombia sales + 5,8% Q: + 1,1% SALES PER COP 1.831,7 + 6,4% 531,5 P: + 6,0% * BUSINESS UNIT Billion COP - 1,6% + 3,2% 269,1 - 1,8% Percentage variation in volume (Q) and prices 256,4 - 2,1% + 6,5% 170,3 + 9,0% (P) Organic 153,6 134,8 Billion COP 97,1 % chg. YoY
Slide 5: Sales Total 4Q2020
SALES TOTAL 4Q2020 Sales total SALES PER COP 2.949,3 + 6,9% BUSINESS UNIT Billion COP + 6,9% Organic - 0,5% 590,1 COP 2.883,5 + 6,2% 544,4 + 4,7% Billion COP 483,3 + 11,7% 398,0 + 0,8% Billion COP 249,0 - 2,3% 217,5 + 6,5% 134,8 + 9,0% 98,0 Biscuits Cold cuts Chocolates Coffee TMLUC Retail Food Ice
Slide 6: Colombia & International Sales Accumulated 2020
COLOMBIA & INTERNATIONAL SALES ACCUMULATED 2020 Colombia sales Q: + 4,4% SALES PER + 11,2% COP 6.691,2 + 7,9% 1.928,5 P: + 6,2% * BUSINESS UNIT Billion COP + 4,7% + 3,7% - 0,1% Percentage variation in volume (Q) and prices 1.025,7 1.047,9 - 22,5% + 1,5% (P) 659,8 + 17,7% Organic 436,6 482,5 % chg. Y
Slide 7: Sales Total Accumulated 2020
SALES TOTAL ACCUMULATED 2020 Sales total SALES PER COP 11.127,5 + 11,7% BUSINESS UNIT Billion COP + 9,6% + 12,2% 2.223,7 2.145,3 Organic + 3,6% COP 10.620,1 + 8,1% + 31,5% Billion COP 1.737,2 1.591,1 + 7,2% 1.117,3 Billion COP - 18,9% 660,4 + 1,5% + 17,9% 482,5 404,6 Biscuits Cold cuts Chocolates Co
Slide 8: Sales by Region 2020
SALES BY REGION 2020 United States Dominican Republic and the Carribbean 11,8% 1,7% Mexico Venezuela 2,8% 60,1% Colombia Central America 10,2% Peru 39,9% 2,2% International Colombia Chile 60,1% 7,2% Ecuador 1,4% Other 2,6% Convention Production Distribution Services 8
Slide 9: Market Share
MARKET SHARE Colombia + TMLUC Consolidated market share in Colombia: 53,8% Biscuits Cold Cuts Chocolates Coffee TMLUC Ice Cream Pasta Retail Food 51,4% 58,2% Chocolate Roast and ICB* (A) Ice cream 52,1% #1 confectionery ground 59,9% #1 in Hamburgers and (A) coffee (A) Steakhouses 71,4% 49,1% Pasta (
Slide 10: Raw Materials
RAW MATERIALS Grupo Nutresa Cogs Breakdown Commodities Index (GNCI) 2020 185 1,2% Poultry 165 2,3% Beef 2,5% Milk 145 144 3,7% Oils & Fats 125 4,4% Sugar Other 40,2% 113 6,0% Cocoa 105 112 107 6,5% Wheat 85 95 81 87 87 78 7,4% Pork Pack. Mat. 14,0% 86 86 82 65 11,8% Coffee 2009 2010 2011 2012 2013 2
Slide 11: EBITDA 4Q2020
EBITDA 4Q2020 EBITDA EBITDA PER 11,1% COP 326,7 - 7,9% 11,1% BUSINESS UNIT Billion COP - 18,4% - 4,2% 65,7 10,5% Margin 60,3 21,8% 11,1% + 2,3% - 15,0% 50,8 47,4 7,8% - 13,5% 10,3% - 10,7% 15,2% 31,0 Billion COP 25,8 + 10,7% 12,8% 20,5 - 8,2% 12,6 Biscuits Cold cuts Chocolates Coffee TMLUC Retail Fo
Slide 12: EBITDA Accumulated 2020
EBITDA ACCUMULATED 2020 EBITDA EBITDA PER COP 1.443,6 + 7,2% BUSINESS UNIT Billion COP 13,5% 13,2% + 8,9% Margin + 19,6% 301,2 13,4% 13,0% 284,1 13,7% + 0,2% + 53,9% 232,4 217,6 13,0% + 2,4% 12,5% Billion COP 144,9 16,1% - 55,1% 15,5% + 14,9% 82,7 + 44,7% 77,8 62,6 Biscuits Cold cuts Chocolates Coff
Slide 13: Income Statement 4Q2020
INCOME STATEMENT 4Q2020 2020 4Q % Revenues 2019 4Q % Revenues % Var. Continuing operations Operating revenue 2.949.271 2.758.815 6,9% Cost of goods sold -1.722.629 -58,4% -1.555.832 -56,4% 10,7% Gross profit 1.226.642 41,6% 1.202.983 43,6% 2,0% Administrative expenses -125.259 -4,2% -142.506 -5,2% -
Slide 14: Income Statement Accumulated 2020
INCOME STATEMENT ACCUMULATED 2020 2020 % Revenues 2019 % Revenues % Var. Continuing operations Operating revenue 11.127.541 9.958.851 11,7% Cost of goods sold -6.465.128 -58,1% -5.565.589 -55,9% 16,2% Gross profit 4.662.413 41,9% 4.393.262 44,1% 6,1% Administrative expenses -483.735 -4,3% -467.332 -
Slide 15: Consolidated Net Debt
CONSOLIDATED NET DEBT 3.500 2.808 2.906 Billion COP 3.000 2.596 2.709 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* Net debt 1.581 1.752 2.808 2.906 2.596 2.441 2.709 2.419 Net debt / EBITDA 1,90 2,10 2,88 2,82 2,49 2,17 2,20 1,8
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": https://gruponutresa.com/en/inve
Slide 17: Financial Position 2020 - Assets
FINANCIAL POSITION 2020 December 2020 December 2019 % Var. ASSETS Current assets Cash and cash equivalents 933.564 497.947 87,5% Trade and other receivables, net 1.191.711 1.166.248 2,2% Inventories 1.379.984 1.248.128 10,6% Biological assets 127.614 96.632 32,1% Other assets 228.087 251.397 -9,3% N
Slide 18: Financial Position 2020 - Liabilities
FINANCIAL POSITION 2020 December 2020 December 2019 % Var. LIABILITIES Current liabilities Financial obligations 486.736 527.196 -7,7% Right-of-use liabilities 126.727 147.242 -13,9% Trade and other payables 1.283.494 1.235.133 3,9% Tax charges 240.011 214.542 11,9% Employee benefits liabilities 217
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