Grupo Bimbo Sab De Cv Class A · BMV:BIMBO/A
Grupo Bimbo Sab De Cv Class A — Investor Presentation (July 2018)
19 slides from Grupo Bimbo Sab De Cv Class A's investor presentation, July 2018
Slide 1: Investor Presentation Second Quarter 2018
INVESTOR PRESENTATION Second Quarter 2018
Slide 2: Grupo Bimbo Today
Grupo Bimbo Today Control Group: 75% Float: 25% Points of Market cap(1) Sales(2) Adj. EBITDA(2) Countries Plants Routes Associates Products sale US$10 Bn US$14.7 Bn US $1.4 Bn 32 202 ≈59,000 ≈3.1 mm ≈141,000 ≈13,000 North America Mexico Latin America EAA U.S. Canada ______________ (1) As of July 6th
Slide 3: Globally Present, Locally Committed
Globally Present, Locally Committed North America(1) Latin America(2) Emerging • Sales: 51% • Sales: 10% EAA(3) Markets • Adj. EBITDA: 43% • Adj. EBITDA: 2% 43% • Sales: 9% Grupo Bimbo 83 34 • Adj. EBITDA: -1% Sales Split(4) 47 Developed Markets Mexico 57% • Sales: 30% • Adj. EBITDA: 56% 38 ________
Slide 4: Our Company: 2015 vs. 2018
Our Company: 2015 vs. 2018 (1) Our Framework to Grow GLOBAL MARKET SHARE 4.4% > 4.7% (2) REVENUE US$13.8B > US$14.7B ADJ. EBITDA ____________ (1) Figures for the last twelve months ended June 30, 2018 US$1.5B > US$1.4B (2) Source : Global Data as of 2018 4
Slide 5: Strong Category and Channel Diversification
Strong Category and Channel Diversification Strong leadership position across markets North America Mexico Latin America(1) EAA(1) Sliced Modern Channel Bread Buns & ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ (2) 1 Supermarkets, convenience Rolls stores, among others Bagels ✓ ∙ ✓(4) Traditional CATEGORIES ∙ 2 CHANNELS English
Slide 6: Global Brands with Top of Mind Awareness
Global Brands with Top of Mind Awareness + US $500 + US $100 10 M I L L I O N 2 Brands Brands MILLION + US $1 5 + US $250 Brands 4 Brands BILLION MILLION 19* 13* 11* 14* 20* ____________ *Brands in more than 10 countries Source: Internal information on estimated retail sales by brand considering the
Slide 7: World Class Production and Distribution Capabilities
World Class Production and Distribution Capabilities with Superior Execution at the Point of Sale 62 million 202 facilities Focused on Investing in robotic packages with access to state-of-the-art low cost process produced production everyday technology automation Benefit from Scale and Efficient Pr
Slide 8: Our Innovation Platform
Our Innovation Platform First Half Success Stories ▪ Disruptive product innovation ▪ In-store bakery ▪ E-commerce ▪ Distribution capabilities ▪ Investment in promising start ups ▪ Leveraging disruptive techology ▪ Electric vehicles TECHNOLOGY ▪ Big Data: increasing our information processing and sto
Slide 9: The Management Team has Positioned Grupo Bimbo as a Global Market Leader
The Management Team has Positioned Grupo Bimbo as a Global Market Leader Top Management • Track record of stability and sustainable growth • Successfully developed and consolidated market leadership DANIEL SERVITJE • Focus on effective and rapid response to the constantly changing consumer Chairman
Slide 10: Building a Sustainable, Highly Productive and Deeply Humane Company
Building a Sustainable, Highly Productive and Deeply Humane Company We care for We work on our environment innovations that and act prove a consequently sustainable mindset We value We work to the person create and promote and respect sustainable human rights communities This is how we reach our Vis
Slide 11: Sustained Growth with Potential to Increase Profitability
Sustained Growth with Potential to Increase Profitability Net Sales(1) Adj. EBITDA(1) 267.5 275.9 252.1 29.3 28.6 27.3 219.2 23.4 187.1 176.0 18.4 17.3 2013 2014 2015 2016 2017 LTM 2Q18 2013 2014 2015 2016 2017 LTM 2Q18 GB 9.8% 9.9% 10.7% 11.6% 10.2% 10.4% Mexico 15.8% 16.7% 17.6% 18.7% 17.7% 18.0%
Slide 12: First Half 2018 Review
First Half 2018 Review: Great news Investing to enhance Improving our profitability financial profile • Mexico is flying • Voluntary Separation Program in BBU • Zero base budgeting savings o Strong volume performance o Reduce organizational complexity • Global procurement initiative o Increased clie
Slide 13: Looking Forward
LOOKING FORWARD By 2020, we transform the baking industry and expand our global leadership to better serve more consumers 13
Slide 14: Accelerating and Creating Venues of Growth
Accelerating and Creating Venues of Growth • New growth avenue for Grupo Bimbo Bimbo • We are present in 73% of the global QSR markets QSR • High growth industry • World’s most populated country • 2nd largest economy • 6.7% average GDP growth • Increased manufacturing footprint from 1 to CHINA 10 pl
Slide 15: Resulting in a Proven Track Record of Deleveraging
Resulting in a Proven Track Record of Deleveraging Leverage Total debt/ Adj. EBITDA 3.3(1) 3.3(2) 3.2(1) 3.1 3.2(3) 3.0 2.9 2.8 2.3 2.3 2.1 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2Q18 1Q18 US$ 2.4 bn US$ 709 mm CAD$ 1.8 bn US$ 650 mm ____________ (1) Pro-forma leverage ratio with the acqu
Slide 16: Conservative Debt Profile and Ample Liquidity
Conservative Debt Profile and Ample Liquidity Total Debt: US$4,456mm Currency Mix(2) % Avg. Tenor: 11.1 yrs. MXN Avg. Cost: 6.0% 36% Figures in US$ mm as of 2Q’18 USD ≈US$2.1bn 59% in undrawn committed revolver facilities CAD 5% 800 800 800 650 503 500 403 2018 2019 2020 2021 2022 2023 2024 2025 202
Slide 17: Key Investment Highlights
Key Investment Highlights Global consumer food company, leader in the baking industry, with diversified portfolio Growth opportunity within a of categories, channels and geographic fragmented industry presence Global brands with top of mind awareness Proven sustained growth with history of margin ex
Slide 18: Thank you!
Thank you! #ConElCariñoDeSiempre www.grupobimbo.com ir@grupobimbo.com 18
Slide 19: Disclaimer
Disclaimer The information contained here in has been prepared by Grupo Bimbo, S.A.B. de C.V. (the “Company") solely for use at this presentation. This presentation does not purport to contain all of the information that may be required to evaluate any investment in the Company or any of its securit