Almacenes Exito Sa · BVC:EXITO
Almacenes Exito Sa — Q1 2014 Earnings Presentation
11 slides from Almacenes Exito Sa's earnings presentation, Apr 29, 2014
Slide 1: 1Q 2014 Financial Results
1Q 2014 Financial Results April 29, 2014 1
Slide 2: Note on Forward-Looking Statements
Note on Forward-Looking Statements This presentation may contain forward-looking statements regarding expected developments and expectations about future events. These statements are subject to economic, political, governmental and market conditions, risks and uncertainties, both domestically and gl
Slide 3: Agenda
Agenda 1. 1Q14 Operating Highlights 2. 1Q14 Consolidated Financial Results 3. Strategy Follow-Up 4. Q&A Session 3
Slide 4: 1Q14 Highlights
1Q14 Highlights Retail Expansion 1Q14: 6 store openings (2 Éxito & 4 Surtimax) YTD: Colombia: 472 stores Uruguay: 54 stores Grupo Éxito: 526 stores / 839k sqm Promotional Activity Back to School Event: “Fiesta escolar Éxito” Launch of Juanes' new album: “Loco de amor” Pasta Festival: “Cumbre de
Slide 5: 1Q14 Financial Results
1Q14 Financial Results 1Q14 1Q13 Millions of COP Millions of COP 1Q14/13 Net Revenues 2,637,967 2,604,463 1.3% Gross Profit 693,886 663,787 4.5% Gross Margin 26.3% 25.5% +80 bp Operating Income 110,894 107,100 3.5% Operating margin 4.2% 4.1% +10 bp Net Income 98,940 89,332 10.8% Net margin 3.8% 3.4%
Slide 6: 1Q14 Financial Results
1Q14 Financial Results +1.3% Net Revenues 2,604 2,638 Figures in COP 000,000,000 1Q13 1Q14 2013 SSS Growth Calendar effect Net Growth Q1 0.4% 0.4% -0.1% Q2 -1.0% 1.6% -2.7% Calendar Effect on Q3 -2.4% -0.3% -2.1% Q4 -0.4% 2.4% -2.8% Same Store Sales Growth 2014 26.1% 27.1% SSS Growth Calendar effect
Slide 7: 1Q14 Financial Results
1Q14 Financial Results +4.5% Gross Profit 694 664 25.5% 26.3% 26.1% 1Q13 1Q14 SG&A +4.7% 583 557 20.2% 21.4% 22.1% 21.3% 1Q13 1Q14 Figures in COP 000,000,000 7
Slide 8: 1Q14 Financial Results
1Q14 Financial Results Operating Income +3.5% 107 111 7.0% 4.1% 4.2% 4.8% 1Q13 1Q14 EBITDA +2.6% 204 209 7.8% 7.9% 1Q13 1Q14 Figures in COP 000,000,000 8
Slide 9: 1Q14 Financial Results
1Q14 Financial Results 25 +47% Net Financial Result 17 8.4% Net Financial Income Net Financial Income 1Q13 1Q14 Net Income +10.8% 99 89 7.5% 3.4% 3.8% 4.6% 1Q13 1Q14 Figures in COP 000,000,000 9
Slide 10: 1Q14 Strategy Follow-up
1Q14 Strategy Follow-up Omni-Channel Strategies: Aliados Surtimax +122 new allies, totaling 394. . Cdiscount.com.co began in January, 2014 Pure Player website complementing exito.com & carulla.com. Complementary businesses: Real Estate: Opening of third stage of San Pedro Neiva shopping mall last
Slide 11: Investor Relations contact
www.grupoexito.com.co [email protected] +574 3396560