Grupo Nutresa S.A. · BVC:NUTRESA
Grupo Nutresa — Q3 2022 Earnings Presentation
17 slides from Grupo Nutresa's earnings presentation, November 2022
Slide 1: Grupo Nutresa Earnings Results 3Q 2022
Grupo Nutresa Earnings Results 3Q 2022
Slide 2: Events of Interest
Events of Interest Grupo Nutresa, third best company in terms of Grupo Nutresa signed the Women's Empowerment Principles (WEPs) – by UN Women – and Pacto Global Red corporate reputation in Colombia Colombia Grupo Nutresa was recognized as the third most reputable Company With this signature, the Org
Slide 3: Colombia & international sales 3Q 2022
Colombia & international sales 3Q 2022 + 21,3% Q 6,3% * Colombia sales 676,5 P 24,3% Sales per COP 2.662,8 29,8% + 43,6% business unit + 25,8% Billion COP + 58,0% + 26,1% 402,6 389,1 330,2 + 14,3% + 23,4% + 37,6% 323,7 Percentage variation in volume (Q) and 203,7 186,9 prices (P) Billion COP 149,6 %
Slide 4: Total sales 3Q 2022
Total sales 3Q 2022 Total sales Sales per business COP 4.545,2 35,3% unit Billion COP + 44,4% + 72,9% 841,1 839,6 + 18,8% + 28,7% 724,6 680,2 + 30,5% + 25,5% Billion COP 407,2 + 20,0% 397,9 313,7 + 23,4% + 38,8% 187,0 153,9 Cold cuts Biscuits Chocolates Coffee TMLUC Retail Food Ice cream Pasta Other
Slide 5: Colombia & international sales, Accumulated 2022
Colombia & international sales Accumulated 2022 Q 10,4% * Colombia sales + 27,3% Sales per 1.929,5 P 19,9% COP 7.315,2 31,5% business unit Billion COP + 40,8% + 24,4% + 31,5% + 53,0% 1.076,2 1.063,1 + 23,6% + 22,6% 900,6 Percentage variation in volume (Q) and 865,9 + 33,4% prices (P) Billion COP 565
Slide 6: Total sales, Accumulated 2022
Total sales Accumulated 2022 Total sales Sales per COP 12.156,8 33,1% business unit Billion COP Organic + 36,7% COP 12.070,6 32,1% + 23,8% + 55,3% Billion COP 2.191,1 2.106,7 2.070,1 + 26,0% 1.780,1 + 24,1% + 40,9% Billion COP 1.128,3 + 25,7% 1.097,5 854,0 + 22,6% + 36,6% 510,2 418,8 Cárnico Cold cu
Slide 7: Sales by region 2022
Sales by region 2022 United States 13,3% Mexico Convention 3,3% Cold cuts Biscuits Dominican Republic and the Carribbean 1,9% Chocolates 60,2% Central America Coffee Colombia 9,8% TMLUC Ice cream Venezuela Pasta Retail Food Colombia 60,2% Other 39,8% Production International Ecuador 1,2% Distributio
Slide 8: Raw materials and COGS breakdown
Raw materials Grupo Nutresa Cogs Breakdown Commodities Index (GNCI) 2022 180 1,3% Poultry Other 33,4% 3,0% Milk 160 3,0% Beef 140 3,9% Sugar 4,3% Cocoa 120 125 4,9% Oils & fats 113 112 100 107 6,6% Wheat 95 Coffee 18,8% 80 87 87 86 6,9% Pork 82 81 78 13,9% Packing material 60 2012 2013 2014 2015 201
Slide 9: EBITDA 3Q 2022
EBITDA 3Q 2022 EBITDA EBITDA per COP 531,0 23,9% business unit Billion COP EBITDA Margin 13,9% 11,7% + 110,0% 14,1% 12,3% 116,9 + 22,5% + 24,0% 95,9 88,9 20,1% 5,8% 11,8% - 3,0% Billion COP - 15,3% + 26,1% 63,0 48,4 15,0% 7,1% 47,9 + 22,7% 9,0% + 6,7% 28,0 + 2,2% 28,2 13,8 Cárnico Cold cuts Galletas
Slide 10: EBITDA Accumulated 2022
EBITDA Accumulated 2022 EBITDA EBITDA per COP 1.481,0 25,8% business unit Billion COP 12,1% 14,8% EBITDA Margin 11,4% + 71,1% + 26,9% 12,2% + 24,2% 265,2 263,3 236,5 20,2% 7,6% 13,1% + 11,3% - 11,3% + 32,8% 172,7 160,8 147,3 Billion COP 17,0% 8,3% + 24,4% 13,8% + 45,7% 86,7 + 27,1% 90,6 57,8 Cold cu
Slide 11: Income statement 3Q 2022
Income statement 3Q 2022 2022 3T % Revenues 2021 3T % Revenue % Var. Continuing operations Operating revenue 4.545.170 3.359.576 35,3% Cost of goods sold -2.905.539 -63,9% -2.001.871 -59,6% 45,1% Gross profit 1.639.631 36,1% 1.357.705 40,4% 20,8% Administrative expenses -162.013 -3,6% -142.531 -4,2%
Slide 12: Income statement Accumulated 2022
Income statement Accumulated 2022 Jan - Sep 2022 % Revenue Jan - Sep 2021 % Revenue % Var. Continuing operations Operating revenue 12.156.790 9.135.290 33,1% Cost of goods sold -7.669.689 -63,1% -5.383.968 -58,9% 42,5% Gross profit 4.487.101 36,9% 3.751.322 41,1% 19,6% Administrative expenses -453.7
Slide 13: Consolidated net debt
Consolidated net debt 3.500 3.200 2.808 2.906 Billion COP 3.000 2.596 2.709 2.441 2.419 2.479 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* Dec-21* Sep-22* Net debt 1.581 1.752 2.808 2.906 2.596 2.441 2.709 2.419 2.479 3.200 Net debt / EBITD
Slide 14: 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
Slide 15: Financial position 2022 (assets)
Financial position 2022 September 2022 December 2021 % Var. ASSETS Current assets Cash and cash equivalents 619.858 862.706 -28,1% Trade and other receivables, net 1.831.145 1.382.671 32,4% Inventories 2.594.910 1.742.562 48,9% Biological assets 250.798 191.894 30,7% Other assets 839.153 414.755 102
Slide 16: Financial position 2022 (liabilities)
Financial position 2022 September 2022 December 2021 % Var. LIABILITIES Current liabilities Financial obligations 434.850 178.658 143,4% Right-of-use liabilities 84.350 107.253 -21,4% Trade and other payables 2.058.114 1.758.083 17,1% Tax charges 506.451 230.484 119,7% Employee benefits liabilities
Slide 17: 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