Grupo Nutresa S.a. · BVC:NUTRESA
Grupo Nutresa — Q3 2024 Earnings Presentation
17 slides from Grupo Nutresa's earnings presentation, October 2024
Slide 1: Grupo Nutresa Earnings Results 3Q 2024
Grupo Nutresa Earnings Results 3Q 2024
Slide 2: Highlights: third most reputable company in Colombia
Highlights Grupo Nutresa, the third most reputable company in Colombia Grupo Nutresa was recognized as the third company with the best reputation in Colombia, according to the 2024 MERCO Empresas Monitor results. Grupo Nutresa has been participating for 16 consecutive years and occupying positions i
Slide 3: Colombia & international sales 3Q 2024
Colombia & international sales 3Q 2024 Colombia sales Q -9,1% * Sales per business COP 2.835,1 0,3% - 5,1% Billion COP 671,4 P 6,8% unit - 1,6% + 7,3% + 16,7% - 3,9% Percentage variation in volume -Q and 402,0 438,1 421,2 331,2 + 6,5% - 12,7% prices -P 231,1 - 6,3% % chg. YoY Billion COP 200,9 Billi
Slide 4: Total sales 3Q 2024
Total sales 3Q 2024 Total sales Sales per business COP 4.750,3 1,8% unit Billion COP + 3,6% 907,4 + 13,6% - 5,2% 815,0 - 7,2% 705,9 661,9 + 16,6% - 4,4% Billion COP 512,7 439,1 + 5,9% 355,4 - 12,7% - 0,3% 201,1 151,9 Biscuits Coffee Cold cuts Chocolates TMLUC Retail Food Ice Cream Pasta Other % chg.
Slide 5: Colombia & international sales Accumulated 2024
Colombia & international sales Accumulated 2024 Colombia sales Sales per business COP 8.166,6 -2,7% Q -11,6% * Billion COP - 3,9% unit 2.034,1 P 6,5% Percentage variation in volume -Q and - 9,4% - 7,1% - 0,2% + 12,6% prices -P 1.085,0 1.010,0 1.194,7 + 5,5% - 11,4% - 10,0% 1.181,8 % chg. YoY Billion
Slide 6: Total sales Accumulated 2024
Total sales Accumulated 2024 Total sales Sales per COP 13.518,4 -5,4% business unit Billion COP - 6,5% 2.510,8 - 5,0% + 1,5% - 17,5% 2.132,2 2.134,4 1.944,8 - 10,9% + 10,2% Billion COP 1.451,7 1.292,1 + 2,7% 1.031,0 - 11,4% - 6,1% 576,0 445,5 Biscuits Coffee Cold cuts Chocolates TMLUC Retail Food Ic
Slide 7: Sales by region
Sales by region 2024 United States 12,4% Mexico Convention 3,6% Cold cuts Biscuits Dominican Republic and the Caribbean 2,1% Chocolates 60,4% Central America Coffee Colombia 10,9% TMLUC Ice cream Venezuela Pasta Retail Food Colombia 60,4% Other 39,6% Production International Ecuador 1,1% Distributio
Slide 8: Raw materials: Grupo Nutresa Cost Breakdown and Commodities Index
Raw materials Grupo Nutresa Cost Breakdown Commodities Index -GNCI 2024 200 GNCI - Market 1,2% Poultry 190 Other 33,8% 180 2,0% Beef 170 171 160 2,5% Milk 150 140 9,3% Cocoa 130 121 120 117 4,6% Sugar 110 107 112 3,9% Oils&Fats 100 87 90 87 86 82 78 81 7,7% Pork 80 Coffee 14,3% 70 8,3% Wheat 60 2014
Slide 9: EBITDA 3Q 2024
EBITDA 3Q 2024 EBITDA EBITDA per COP 602,9 18,8% business unit Billion COP 13,7% EBITDA Margin + 44,9% 12,7% 124,5 12,9% 12,9% + 76,2% + 1,2% 15,7% 19,3% 91,0 7,7% 85,1 + 16,7% - 3,9% - 10,3% 68,9 68,5 20,2% 8,7% Billion COP 63,0 + 62,8% - 23,0% 10,8% 44,7 40,6 + 238,8% 16,5 Biscuits Coffee Cold cut
Slide 10: EBITDA Accumulated 2024
EBITDA Accumulated 2024 EBITDA EBITDA per COP 1.790,4 5,7% business unit Billion COP 13,7% EBITDA Margin + 1,0% 14,5% 13,2% 345,0 14,4% + 58,4% + 12,5% 309,9 280,2 9,0% 14,8% 19,8% - 29,9% + 17,3% - 0,1% 192,2 191,7 204,1 Billion COP 18,8% 7,1% - 16,0% 12,6% + 10,7% 108,0 + 30,8% 103,1 56,1 Biscuits
Slide 11: Income statement 3Q 2024
Income statement 3Q 2024 2024 3Q % Revenue 2023 3Q % Revenue % Var. Continuing operations Operating revenue 4.750.301 4.668.317 1,8% Cost of goods sold -2.819.626 -59,4% -2.817.274 -60,3% 0,1% Gross profit 1.930.675 40,6% 1.851.043 39,7% 4,3% Administrative expenses -185.520 -3,9% -196.103 -4,2% -5,
Slide 12: Income statement Accumulated 2024
Income statement Accumulated 2024 2024 % Revenue 2023 % Revenue % Var. Continuing operations Operating revenue 13.518.406 14.285.983 -5,4% Cost of goods sold -7.893.189 -58,4% -8.767.887 -61,4% -10,0% Gross profit 5.625.217 41,6% 5.518.096 38,6% 1,9% Administrative expenses -536.805 -4,0% -550.052 -
Slide 13: Consolidated net debt
Consolidated net debt 4.000 3.540 3.500 3.311 2.906 3.036 3.000 2.808 2.709 2.596 2.441 2.479 2.419 2.500 MM 2.000 1.500 1.000 500 0 Dec-15* Dec-16* Dec-17* Dec-18* Dec-19* Dec-20* Dec-21* Dec-22* Dec-23* Sep-24* Net debt 2.808 2.906 2.596 2.441 2.709 2.419 2.479 3.311 3.036 3.540 Net debt/ EBITDA 2
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/co
Slide 15: Financial position: assets
Financial position 2024 September 2024 December 2023 % Var. ASSETS Current assets Cash and cash equivalents 886.437 1.068.071 -17,0% Trade receivables and other account receivables, net 1.990.173 1.703.828 16,8% Inventories 2.435.261 2.232.801 9,1% Biological assets 187.327 227.475 -17,6% Other asse
Slide 16: Financial position: liabilities and equity
Financial position 2024 September 2024 December 2023 % Var. LIABILITIES Current liabilities Financial obligations 426.802 757.727 -43,7% Right-of-use liabilities 182.068 179.891 1,2% Trade payables and other payables 1.860.576 1.924.834 -3,3% Tax charges 670.006 378.278 77,1% Employee benefits liabi
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