Inretail Peru Corp. · BVL:INRETC1
Inretail Peru — Q1 2025 Earnings Presentation
18 slides from Inretail Peru's earnings presentation, May 2025
Slide 1: Earnings Presentation Q1'25
EARNINGS PRESENTATION Q1’25
Slide 2: Agenda
AGENDA Q1’25 01 CONSOLIDATED FINANCIAL RESULTS 02 ESG UPDATE 03 RESULTS BY SEGMENT 04 OTHER FINANCIAL RESULTS
Slide 3: Consolidated Financial Results
01 CONSOLIDATED FINANCIAL RESULTS
Slide 4: Q1'25 Results – Consolidated
Q1’25 RESULTS – CONSOLIDATED Million Soles (S/ mm) Highlights Revenues +1.2% Mid single-digit growth in consolidated Revenues, despite the temporary closure of several stores and malls across segments and 21,936 21,683 the Easter calendar effect. Consolidated Revenues combine a positive growth in
Slide 5: LTM Q1'25 – Consolidated Financial Results
LTM Q1’25 – CONSOLIDATED FINANCIAL RESULTS Food Shopping Pharma Retail Malls 1/ LTM Q1’25 (S/ mm; %) + + = Revenues 12,315 8,882 803 21,936 % Revenues Contribution 56% 40% 4% Adj. EBITDA2/ 1,114 1,502 468 2,954 % Adj. EBITDA Contribution 36% 49% 15% Adj. EBITDA Margin3/ 9.0% 16.9% 78.2% 13.5% _ Mark
Slide 6: ESG Update
02 ESG UPDATE InRetail
Slide 7: Q1'25 – ESG Update
Q1’25 – ESG UPDATE1/ 5 mm 157 Recognition 2024 (Harassment-free workplaces) Rations of food “Formación Dual” participants donated as of Q1’25 +90k +S/18 mm S/200k People impacted Amount donated Medicine donation with per week reverse logistics Our companies were recognized in the Merco ESG Responsib
Slide 8: Results by Segment
03 RESULTS BY SEGMENT InRetail
Slide 9: Q1'25 Results - Food Retail
Q1’25 RESULTS - FOOD RETAIL1/ Million Soles (S/ mm) S/ mm Q1'25 Q1'24 Var % Revenues 3,113 2,935 6.1% Gross Profit 700 676 3.5% 2/ 229 270 -15.2% Adj. EBITDA Gross Mg 22.5% 23.0% -55 bps 2/ 7.3% 9.2% -185 bps Adj. EBITDA Mg SSS Q1’25: 2.1% (Adj. SSS: 3.3%3/) Revenues grew 6.1%, despite the temporary
Slide 10: Q1'25 Results - Pharma
Q1’25 RESULTS - PHARMA Million Soles (S/ mm) S/ mm Q1'25 Q1'24 Var % Revenues 2,196 2,123 3.4% Gross Profit 698 674 3.6% 1/ 360 330 8.9% Adj. EBITDA Gross Mg 31.8% 31.7% 6 bps 1/ 16.4% 15.6% 83 bps Adj. EBITDA Mg SSS Q1’25: 4.0% (Adj. SSS: 4.2%3/) Revenues increased 3.4% in Q1’25, combining a positi
Slide 11: Q1'25 Results - Shopping Malls
Q1’25 RESULTS - SHOPPING MALLS Million Soles (S/ mm) S/ mm Q1'25 Q1'24 Var % Revenues 187 197 -4.8% Gross Profit 120 129 -7.6% 1/ 86 119 -28.3% Adj. EBITDA Gross Mg 63.8% 65.8% -193 bps 2/ 62.4% 81.7% -1932 bps Net Rental Mg SSS Q1’25: -1.9% (Adj. SSS: 3.1%3/) Revenues reached S/187 million, registe
Slide 12: Quarterly Openings and SSS by Segment
QUARTERLY OPENINGS AND SSS BY SEGMENT Openings Same Store Sales (SSS) Food Retail1/ Food Retail1/ 2024: 2.5% Sales Area (‘000 sqm) YTD: 3.3% 636 659 676 601 622 221 239 5.3% 167 188 202 3.2% 2.8% 3.3%2/ 115 115 115 120 120 319 319 319 319 2.1% 318 Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 -1.8% Hard Discount 95
Slide 13: Other Financial Results
04 OTHER FINANCIAL RESULTS InRetail
Slide 14: Consolidated Net Income
CONSOLIDATED NET INCOME Million Soles (S/ mm) Net Income1/ Net Income Breakdown1/ 221 -3.0% -10 -49 -6 192 +46 -19 +8 971 942 -13.3% 221 192 Q1’24 Q1’25 2024 LTM Q1’25 Net 4.2% 3.5% 4.5% 4.3% Net Income Adj. Net FX Mark to Higher Higher Lower Tax Net Income Margin Q1’24 EBITDA Effect Market Financia
Slide 15: CAPEX and Cash-Flow Breakdown
CAPEX AND CASH-FLOW BREAKDOWN Million Soles (S/ mm) Consolidated CAPEX 2024: S/1,041 mm 1,041 847 775 679 369 384 231 228 283 197 2019 2020 2021 2022 1/ 2023 Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Cash-Flow Breakdown 1,422 1,461 -142 1962/ 3332/ +173 +397 -151 -283 +106 3/ 1,127 1,227 Starting Cash Operating
Slide 16: Consolidated Financial Debt
CONSOLIDATED FINANCIAL DEBT Million Soles (S/ mm) Consolidated Financial Debt1/ USD Exposure on Financial Debt Net Debt/Adj.EBITDA Debt/Adj.EBITDA Hedge USD PEN 2.7x 2.7x 2.6x 2.6x 2.4x 2.3x 2.3x 49% 49% 49% 51% 48% 2.2x 2.1x 1.9x 1% 2% 1% 2% 1% 50% 50% 50% 48% 51% LTM Q1’24 LTM Q2’24 LTM Q3’24 2024
Slide 17: Financial Debt by Segment
FINANCIAL DEBT BY SEGMENT1/ Million Soles (S/ mm) Net Debt/Adj. EBITDA Debt/Adj. EBITDA Total Consolidated Debt: S/7,661 mm Debt / Adj. EBITDA: 2.6x Net Debt / Adj. EBITDA: 2.1x Debt / Adj. EBITDA: 2.2x Net Debt / Adj. EBITDA: 1.8x 4.2x 4.1x 4.0x 4.1x 3.9x 2.9x 2.9x 2.9x 3.1x 1.8x 1.7x 1.7x 1.6x 1.6
Slide 18: Contact Information
CONTACT INFORMATION Andrea Fabbri Investor Relations Officer IR email: ir@inretail.pe This material was prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities. This presentation may include forward-looking statements or state