Almacenes Exito Sa · BVC:EXITO
Almacenes Exito Sa — Q2 2014 Earnings Presentation
11 slides from Almacenes Exito Sa's earnings presentation, Jul 23, 2014
Slide 1: 2Q 2014 Financial Results
2Q 2014 Financial Results July 23, 2014
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. 2Q14 Operating Highlights 2. 2Q14 Consolidated Financial Results 3. Strategy Follow-Up 4. Q&A Session
Slide 4: 2Q14 Highlights
2Q14 Highlights Retail Expansion 2Q14: 5 store openings (2 Carulla & 3 Surtimax) YTD: Colombia: 474 stores Uruguay: 54 stores Grupo Éxito: Total 528 stores / 840k sqm Commercial Activities Aniversario Éxito promo event. Mother´s and Father´s Day events Official World Cup 2014 store Expovinos 9th ann
Slide 5: 2Q14 Financial Results
2Q14 Financial Results 2Q14 2Q13 1H14 1H13 Millions of Millions of Millions of COP Millions of COP 2Q14/13 1H14/13 COP COP Net Revenues 2,754,545 2,510,463 9.7% 5,392,512 5,114,926 5.4% Gross Profit 686,563 657,510 4.4% 1,380,449 1,321,297 4.5% Gross Margin 24.9% 26.2% -130 bp 25.6% 25.8% -20 bp Ope
Slide 6: 2Q14 Financial Results
2Q14 Financial Results +9.7% +5.4% Net Revenues 2,755 5,393 5,115 2,510 2Q13 2Q14 1H13 1H14 Figures in COP 000,000,000 SSS growth and Calendar Effect 27.1% 26.1% 2014 SSS (in local currencies) Colombia Uruguay SSS Growth Calendar effect Net Growth SSS Growth Q1 -3.2% -4.8% 1.6% +5.9% Q2 7.8% 6.0% 1.
Slide 7: 2Q14 Financial Results
2Q14 Financial Results +4.4% +4.5% 1,380 Gross Profit 687 1,321 658 26.2% 24.9% 25.8% 25.6% 26.1% 2Q13 2Q14 1H13 1H14 SG&A +3.0% +3.8% 586 1,169 569 1,125 27.1% 22.7% 21.3% 22.0% 21.7% 2Q13 2Q14 1H13 1H14 Figures in COP 000,000,000 7
Slide 8: 2Q14 Financial Results
2Q14 Financial Results Operating Income +13.8% +8.2% 212 196 101 89 3.5% 3.7% 3.8% 3.9% 26.1% 2Q13 2Q14 1H13 1H14 EBITDA +7.1% +4.8% 409 200 391 187 27.1% 7.4% 7.3% 7.6% 7.6% 2Q13 2Q14 1H13 1H14 Figures in COP 000,000,000 8
Slide 9: 2Q14 Financial Results
2Q14 Financial Results Net Income +1.8% +6.5% 180 81 169 80 3.2% 3.0% 3.3% 3.3% 26.1% 2Q13 2Q14 1H13 1H14
Slide 10: Strategy Follow-up
Strategy Follow-up Expansion Strategies: Retail expansion: 11 new stores as of June, 2014. Transaction with Super Inter: pending approval from antitrust authority. Omni-Channel Strategies: Aliados Surtimax +129 new allies in 2Q14, totaling 508. . Complementary businesses: Viva Villavicencio Real Est
Slide 11: www.grupoexito.com.co investor relations contact
www.grupoexito.com.co exitoinvestor.relations@grupo- exito.com Phone +574 3396560