Grupo Nutresa S.a. · BVC:NUTRESA

Grupo Nutresa — Q3 2020 Earnings Presentation

20 slides from Grupo Nutresa's earnings presentation, 2020

  1. Slide 1: Grupo Nutresa 3Q 2020 Earnings

    GRUPO NUTRESA Grupo Nutresa 3Q 2020 Earnings 1

  2. Slide 2: Highlights: Awards and Recognitions

    EVENTOS DE INTERÉS HIGHLIGHTS: AWARDS AND RECOGNITIONS 6 X For the sixth consecutive year, MERCO Empresas, a corporate reputation monitor, recognizes Grupo Nutresa as the second company in Colombia with the best reputation, and the first in the Food sector. Servicios Nutresa, a Grupo Nutresa company

  3. Slide 3: Highlights: 2030 Strategic Objectives - Doubling Our Revenues

    EVENTOS DE INTERÉS HIGHLIGHTS: 2030 STRATEGIC OBJECTIVES Our strategy aims to double our 2020 revenues by 2030, while obtaining returns higher than the cost of capital employed. 2030 OBJECTIVE To achieve this goal, we offer to our consumers From 2020 to 2030 foods and experiences from recognized and

  4. Slide 4: Our Higher Purpose: 2030 Strategic Objectives

    HIGHLIGHTS: 2030 STRATEGIC OBJECTIVES Full execution of Greater ROIC the geography than the cost of development the capital plan 100% Revenue increase 20% of the revenues through DEVELOPMENT OF digital channels 50% from GEOGRAPHIES COMPETITIVENESS for consumers and leading brands clients CATEGORIES,

  5. Slide 5: Corporate Philosophy and Performance

    HIGHLIGHTS: 2030 STRATEGIC OBJECTIVES CORPORATE PHILOSPHY AND PERFORMANCE Autonomy with strategic Good Corporate Responsible corporate Productivity and Effective coherence Governance citizenship competitiveness innovation Development of Integrity Reliable food and Collaborative Respect our talent he

  6. Slide 6: Colombia & International Sales 3Q2020

    COLOMBIA & INTERNATIONAL SALES 3Q2020 Colombia sales + 14,4% Q: + 2,2% SALES PER COP 1.701,8 + 8,4% 479,0 P: + 10,1% * BUSINESS UNIT Billion COP + 7,9% + 4,2% 266,4 284,3 - 2,1% Percentage variation in volume (Q) and prices - 33,0% - 3,7% + 16,2% (P) Organic 163,6 121,7 % chg. YoY Billion COP 93,6 1

  7. Slide 7: Total Sales 3Q2020

    TOTAL SALES 3Q2020 Sales total SALES PER COP 2.853,5 + 11,7% BUSINESS UNIT Billion COP + 9,2% Organic 577,1 + 14,2% COP 2.727,5 + 7,7% 531,7 Billion COP + 5,3% 469,6 + 24,5% 399,6 + 13,9% 292,2 Billion COP - 27,7% 148,6 - 3,7% + 16,3% 121,7 104,6 Biscuits Cold cuts Chocolates Coffee TMLUC Retail Foo

  8. Slide 8: Colombia & International Sales Accumulated 2020

    COLOMBIA & INTERNATIONAL SALES ACCUMULATED 2020 Colombia sales + 13,4% Q: + 5,5% SALES PER COP 4.859,5 + 8,4% 1.397,0 P: + 6,4% * BUSINESS UNIT Billion COP + 6,9% + 3,8% 769,3 778,8 + 0,5% Percentage variation in volume (Q) and prices 489,5 - 30,3% - 0,4% + 20,7% (P) Organic 283,0 347,7 303,0 % chg.

  9. Slide 9: Total Sales Accumulated 2020

    TOTAL SALES ACCUMULATED 2020 Sales total SALES PER COP 8.178,3 + 13,6% + 13,3% BUSINESS UNIT Billion COP 1.679,2 + 14,4% 1.555,2 Organic + 3,2% COP 7.812,3 + 8,8% + 39,7% 1.253,9 Billion COP 1.193,1 + 9,2% 868,3 Billion COP - 25,2% 442,8 - 0,4% + 21,1% 347,7 306,5 Biscuits Cold cuts Chocolates Coffe

  10. Slide 10: Sales by Region

    SALES BY REGION 2020 United States Dominican Republic and the Carribbean 12,3% 1,7% Mexico Venezuela 2,8% 59,4% Colombia Central America 10,2% Peru 40,6% 2,0% International Colombia Chile 59,4% 7,5% Ecuador 1,4% Other 2,7% Convention Production Distribution Services 10

  11. Slide 11: Raw Materials: Grupo Nutresa COGS Breakdown

    RAW MATERIALS Grupo Nutresa Cogs Breakdown Commodities Index (GNCI) 2020 1,2% Poultry 2,3% Beef 2,5% Milk 3,6% Oils & Fats 4,5% Sugar Other 40,5% 5,9% Cocoa 6,5% Wheat 7,5% Pork Pack. Mat. 14,1% 11,4% Coffee The technical specifications of the GNCI can be obtained at: https://gruponutresa.com/en/inv

  12. Slide 12: EBITDA 3Q2020

    EBITDA 3Q2020 EBITDA EBITDA PER COP 370,5 + 7,6% 13,7% BUSINESS UNIT Billion COP + 12,8% 12,8% 14,0% Margin 79,2 + 44,8% + 1,7% 13,0% 67,9 66,0 12,7% + 13,6% 13,3% 50,9 + 1,5% 38,8 16,8% 18,0% Billion COP 7,5% - 4,0% + 151,1% 20,4 18,8 - 73,8% 11,2 Biscuits Cold cuts Chocolates Coffee TMLUC Retail F

  13. Slide 13: EBITDA Accumulated 2020

    EBITDA ACCUMULATED 2020 EBITDA EBITDA PER COP 1.116,9 + 12,5% BUSINESS UNIT Billion COP Margin 14,3% 13,7% + 12,8% 14,0% 240,9 + 39,0% 15,6% 14,5% 218,3 + 76,8% - 0,4% 181,6 186,6 13,7% + 5,7% Billion COP 119,2 16,5% 16,3% 8,0% + 16,4% + 69,2% - 72,5% 57,3 50,0 35,3 Biscuits Cold cuts Chocolates Cof

  14. Slide 14: Income Statement 3Q2020

    INCOME STATEMENT 3Q2020 2020 - 3Q % Revenues 2019 - 3Q % Revenues % Var. Continuing operations Operating revenue 2.853.488 2.553.619 11,7% Cost of goods sold -1.674.132 -58,7% -1.426.054 -55,8% 17,4% Gross profit 1.179.356 41,3% 1.127.565 44,2% 4,6% Administrative expenses -120.091 -4,2% -111.656 -4

  15. Slide 15: Income Statement Accumulated 2020

    INCOME STATEMENT ACCUMULATED 2020 Jan - Sep 2020 % Revenues Jan - Sep 2019 % Revenues % Var. Continuing operations Operating revenue 8.178.270 7.200.036 13,6% Cost of goods sold -4.742.499 -58,0% -4.009.757 -55,7% 18,3% Gross profit 3.435.771 42,0% 3.190.279 44,3% 7,7% Administrative expenses -358.4

  16. Slide 16: Consolidated Net Debt

    CONSOLIDATED NET DEBT 3.500 2.808 2.906 Billion COP 3.000 2.596 2.709 2.617 2.441 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* Sep-20* Net debt 1.581 1.752 2.808 2.906 2.596 2.441 2.709 2.617 Net debt / EBITDA 1,90 2,10 2,88 2,82 2,49 2,17 2,20 1,9

  17. Slide 17: 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/en/c

  18. Slide 18: Financial Position: Assets

    FINANCIAL POSITION 2020 September 2020 December 2019 % Var. ASSETS Current assets Cash and cash equivalents 887.040 497.947 78,1% Trade and other receivables, net 1.283.933 1.166.248 10,1% Inventories 1.450.968 1.248.128 16,3% Biological assets 111.524 96.632 15,4% Other assets 396.133 251.397 57,6%

  19. Slide 19: Financial Position: Liabilities

    FINANCIAL POSITION 2020 September 2020 December 2019 % Var. LIABILITIES Current liabilities Financial obligations 643.104 527.196 22,0% Right-of-use liabilities 129.569 147.242 -12,0% Trade and other payables 1.251.503 1.235.133 1,3% Tax charges 377.326 214.542 75,9% Employee benefits liabilities 24

  20. Slide 20: 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

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