Almacenes Exito Sa · BVC:EXITO
Almacenes Exito Sa — Q1 2015 Earnings Presentation
13 slides from Almacenes Exito Sa's earnings presentation, May 28, 2015
Slide 1: 1Q15 Financial Results
1Q15 Financial Results May 28, 2015 El Reconocimiento IR otorgado por la Bolsa de Valores de Colombia S.A. no es una certificación sobre la bondad de los valores inscritos ni sobre la solvencia del emisor. Así mismo, no implica una certificación sobre la calidad y veracidad del contenido, sólo denot
Slide 2: Disclaimer
Disclaimer Grupo Éxito attended their accounting duties until 2014 under the rules and accounting principles generally accepted in Colombia, according to the Decrees 2649 and 2650 of 1993 and other applicable regulations. Additionally, in parallel, Grupo Éxito prepared the Consolidated Opening State
Slide 3: Agenda
Agenda • 1Q15 Consolidated Financial Results • Strategy Follow-Up 2015 • Q&A Session 3
Slide 4: 1Q15 Financial Results under IFRS
1Q15 Financial Results under IFRS Consolidated Income Statement First quarter, 2015 First quarter, 2014 Millions of % /Net Millions of % /Net % var COP Revenues COP Revenues Sales 3,000,467 97.1% 2,334,748 96.9% 28.5% Other Revenues 90,933 2.9% 73,685 3.1% 23.4% Total Net Revenues 3,091,400 100.0% 2
Slide 5: Net Revenues and Sales by Segment
1Q15 Financial Results Net Revenues 3,091 +28.4% 2,408 1Q14 1Q15 % Var Sales by Segment % Var Total Sales % Var LFL Éxito 4.5% 3.9% Carulla 1.3% -0.3% Discount 130.9% 7.8% BTB 95.7% -3.7% Total Colombia 14.5% 3.4% In Local Currency Total Uruguay 203.4% 11.5% 5
Slide 6: Gross Profit and SG&A
1Q15 Financial Results +27.4% 782 Gross Profit 614 25.5% 25.3% 1Q14 1Q15 SG&A +35.5% 603 445 18.5% 19.5% 1Q14 1Q15 6
Slide 7: Recurring Operating Income and EBITDA
1Q15 Financial Results +6.0% Recurring 120 Operating Income 113 4.7% 3.9% 1Q14 1Q15 Normalized Recurring 1Q 2014 % Net 1Q 2015 % Net % Var Operating Income Revenues Revenues ROI 112,872 4.7% 119,618 3.9% 6.0% Normalized ROI 112,872 4.7% 138,765 4.5% 22.9% +5.9% Recurring 179 EBITDA 169 7.0% 5.8% 1Q1
Slide 8: Net Income attributable to Grupo Éxito
1Q15 Financial Results Net Income -29.2% attributable to 99 70 Grupo Éxito 4.1% 2.3% 1Q14 1Q15 Normalized results isolating the effects: Wealth Tax, Valorization, loyalty program, Disco Group Investment % Net % Net 1Q 2014 1Q 2015 % Var Revenues Revenues Net Income attributable to Grupo Éxito 98,766
Slide 9: Strategy follow-up: Retail Expansion
Strategy follow-up Retail Expansion 1 Store in Bogotá 6 Stores in Cali 8 allies Entering Cali for first time 9
Slide 10: Strategy follow-up: Super Inter Integration and Loyalty
Strategy follow-up Super Inter Integration Exchange of Best Practices with Surtimax Launch of Digital Catalogs at 11 Super Inter stores Over 850 allies Upgraded Loyalty Program 1 point = 1COP Éxito points, the second currency in Colombia 10
Slide 11: Strategy follow-up: VIVA projects
Strategy follow-up VIVA Wajiira - Riohacha VIVA Las Palmas VIVA Barranquilla Under construction Under construction Under Construction Near 20,000 sqm of Near 5,000 sqm of GLA Near 50,000 sqm of GLA GLA Éxito store as anchor Carulla store as anchor Éxito store as anchor Opening by the end of Opening
Slide 12: 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 13: Investor Relations contact
www.grupoexito.com.co [email protected] Phone +574 3396560 El Reconocimiento IR otorgado por la Bolsa de Valores de Colombia S.A. no es una certificación sobre la bondad de los valores inscritos ni sobre la solvencia del emisor. Así mismo, no implica una certificación sobre la