Grupo Elektra Sab De Cv · BME:XEKT
Grupo Elektra Sab De Cv — Q2 2021 Earnings Presentation
23 slides from Grupo Elektra Sab De Cv's earnings presentation, July 2021
Slide 1: Grupo Elektra
~ grupo elektra
Slide 2: Non-IFRS measures and forward-looking statements
This Presentation makes reference to certain non-IFRS measures. These non-IFRS measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. These measures are provi
Slide 3: Agenda
Agenda Grupo Elektra in Grupo Salinas Market Value Proposal Historic Performance Growth Strategies Sustainability 3
Slide 4: Grupo Elektra in Grupo Salinas
Grupo Elektra in Grupo Salinas Banking and Financial, Media Telecommunications Energy and Social Responsibility and Retail Others Transferencias de dinero internacionales* More than 105,000 direct employees Presence in Mexico, the US, Guatemala, Honduras y Panama 4
Slide 5: Grupo Elektra
Grupo Elektra Grupo Elektra is the leading financial services company and specialty retailer in Latin America, and the largest non-bank provider of cash advance services in the US. 70 years +70,000 Largest bank Close to seven decades of experience in consumer lending, helping increase the offeri
Slide 6: Presence in America
Presence in America Points of Contact USA USA: 1,311 Mexico Honduras Guatemala Mexico: 4,721 Panama Latin America: 368 Total: 6,400 6
Slide 7: Target Market
Target Market Our target market is: 10% 17% 19% 66% 16% of Latin America families* 14% 20% 4% In the USA, our target market matches that of the average American citizen: 43 years old, family income of US$50,000, 79% owns their home, and 96% has a high school certificate or higher. Source: AMAI (Me
Slide 8: Commercial Business – Elektra Store Format
Commercial Business – Elektra Store Format 70 years focusing to C, D+ socioeconomic segments. 1,249 points of contact as of 2Q21: 1,142 in Mexico. 107 in Latin America. Average store sales floor in Mexico: 1,079 m2. 12 distribution centers: 8 in Mexico. 4 in Latin America. *ANTAD: As
Slide 9: Commercial Business – Ecommerce and Omni Channel Strategy
Commercial Business – Ecommerce and Omni Chanel Strategy Focus on the customer: Purchases from any device (cellphone, tablet, computer), by phone or in store. Using any form of payment (online and offline), including “Crédito Elektra” from Banco Azteca. All the stores have a digital zone:
Slide 10: Commercial Business – Ecommerce and Omni Channel Strategy
Commercial Business – Ecommerce and Omni Chanel Strategy Free delivery to the door of our customers or to our stores: 73% of deliveries are done to our stores. Our agreements with delivery companies are extended to our Market Place sellers. Our delivery service, “EKT Envía”, serves few posta
Slide 11: Commercial Business – Italika
Commercial Business – Italika Own brand of motorcycles with close to 70% market share in Mexico Presence in Mexico, Guatemala, Honduras and Panama Six assembly lines that assembled more than 770,000 motorcycles during the LTM as of 2Q21 70 models with engines between 90 and 650 cc More tha
Slide 12: Commercial Business – Revenues by Category
Commercial Business – Revenues by Category Revenues in 2Q21: Motorcycles 32% Telephony 19% Ps. 16,054 millions Appliances 12% 45% Computers 3% of consolidated Furniture Other 5% 14% revenues Electronics 7% Money Transfers 8% Leading brands in revenues* *All trademarks, registered trademarks, copyrig
Slide 13: Financial Business – Banco Azteca
Financial Business – Banco Azteca Since 2002, Banco Azteca has offered banking and financial products and services to millions of families unattended by the traditional banking sector. It currently serves close to 30 millions of customers. Operates in Mexico, Guatemala, Honduras y Panama. In
Slide 14: Financial Business – Banco Azteca Digital Banking
Financial Business – Banco Azteca Digital Banking Acquisition of banking products and services through mobile devices. Since 2002, Banco Azteca pioneered the use of fingerprints to identify customers and authenticate their operations. In 2019, certified the use of “Cobro Digital” or “CoDi” (Di
Slide 15: Financial Business – Other Financial Businesses
Financial Business – Other Financial Businesses Pension fund administrator “AFORE” Started operations in 2004. Previously knows as Advance America. since 2003. Leading provider of non-bank cash Provides life, health and casualty advance services in the USA, measured Assets under manageme
Slide 16: Financial Business – Revenue Breakdown
Financial Business – Revenue Breakdown Revenues in 2Q21: Ps. 20,014 83% 9% millions 6% ~2% 55% ~1% of consolidated revenues 16
Slide 17: Consolidated Financial Overview
Consolidated Financial Overview Ps. millions Consolidated Revenues CAPEX +11% CAGR: 10% $130,761 $8,816 $118,319 $130,761 $7,453 $115,173 $120,507 $94,979 $103,522 $5,906 $5,006 $74,360 $81,242 $4,687 $2,721 $1,611 2015 2016 2017 2018 2019 2020 LTM 2015 2016 2017 2018 2019 2020 LTM LTM 2Q20 LTM 2Q21
Slide 18: Banco Azteca Mexico Highlights
Banco Azteca Mexico Highlights Ps. millions Gross Loan Portfolio Delinquency Rate CAGR: 13% $108,858 $103,529 $93,253 $76,740 $80,346 $67,743 $53,215 5.3% 4.2% 4.7% 3.5% 3.7% 3.8% 2.6% 2015 2016 2017 2018 2019 2020 2Q21 2015 2016 2017 2018 2019 2020 2Q21 Demand Deposits Capitalization Index CAGR: 12
Slide 19: Consolidated Debt as of June 30, 2021
Consolidated Debt as of June 30, 2021 USD$ MXN$ Description Interest rate Maturity mm mm Commercial Business Cebures Elektra 00120 - 2,500 TIIE + 1.30% Dic-21 Cebures Elektra 19 - 5,000 TIIE + 2.40% Mar-22 Cebures Elektra 19-2 - 2,500 TIIE + 2.30% Oct-22 Cebures Elektra 21 - 4,010 TIIE + 2.20% Oct-2
Slide 20: Consolidated Annual Amortization Schedule as of June 30, 2021
Consolidated Annual Amortization Schedule as of June 30, 2021 Annual Amortization Schedule MXN$ mm $32,299 $11,882 $5,202 $4,565 $2,755 $3,147 $2,132 $2,132 $483 2021 2022 2023 2024 2025 2026 2027 2028 Total Annual Amortization Schedule US$ mm $525 $108 $97 $97 $97 $97 $4 $1 $24 2021 2022 2023 2024
Slide 21: Highlights in Sustainability
Highlights in Sustainability Social In 2020, we continue with our inclusive prosperity activities through our commitment to the 10 Principles of the United Nations Global Compact and the 17 Sustainable Development Goals Grupo Elektra ranked 43th as one of the Most Responsible Companies by Expans
Slide 22: Highlights in Sustainability
Highlights in Sustainability Environmental Corporate Governance 35% of the electricity consumed by Grupo Elektra comes from renewable sources Grupo Elektra and Banco Azteca ranked 24th in the 2020 Corporate Integrity 500 81% of Grupo Elektra's total emissions correspond to indirect emissions f
Slide 23: Grupo Elektra
~ grupo elektra