Grupo Éxito Corporate Presentation

Size: px
Start display at page:

Download "Grupo Éxito Corporate Presentation"

Transcription

1 Grupo Éxito Corporate Presentation

2 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 globally, which may affect the performance of the economy, the retail industry and the Company overall. Factors such as variations in interest rates, inflation rates, exchange rate volatility and tax rates, among others, may cause actual results, performance and achievements of the Company to differ from the estimates provided at any time. For that reason, the Company does not accept responsibility for any variations or for the information provided by official sources. Almacenes Éxito S.A. Investor Relations

3 Agenda 1. Colombia and Uruguay Fundamentals Environment and Opportunities for Retail 2. Grupo Éxito A Story of Growth and Development Competitive Advantages Financial Results 3. Expansion Strategy & Social Responsibility 3

4 Colombia & Uruguay Two Countries With Sound Macroeconomics 2012 Colombia Uruguay GDP Growth 4.0% 3.9% Total GDP (e) 378,713 52,349 USD m 4.0% 8, % 15,485 GDP per capita (e) 8,127 15,485 USD 2.4% Inflation 2.4% 7.5% Unemployment 10.4% 6.1% 4.25% 7.5% 9.25% Interest Rate 4.25% 9.25% Sources:: Central Banks, DANE, INE, IMF 4

5 Opportunities for Retail Colombia: Favorable Demographics Third country in Latin-American by number of inhabitants (47 million) 79% live in main cities in the Andean region Five regions with different consumption patterns 15% of households from levels 4, 5 and 6 represent 35% of the total household expenditures Age One of the youngest population in Latin-American : 55% below 29 years 45% 55% Uruguay: A Dynamic Economy Source: DANE Highest GDP per capita in the region Wealthy and urbanized population Strong GDP growth Low penetration of formal market 5

6 Grupo Éxito Leader in Both Formal Retail Markets Retail Market Share Formal Retail Market Share 42.0% 42.9% Colombia Informal 52% Formal 48% 17.7% 13.1% 4.9% Grupo Éxito 2nd competitor 3rd competitor 4th competitor Source: ACV Nielsen Dec, % Uruguay 25% 23% Disco & Devoto Tata + Multiahorro Tienda Inglesa 6

7 Top-of-mind Grupo Éxito Brand Proposal Covering Leader in all the the Colombian socio-economic Formal segments Retail Market in Colombia 7% High End 48% 45% Low End Socio-economic levels Brand Proposal 9 7

8 A Successful Multi-format Strategy Hypermarkets All Under the same roof Supermarkets & Quality service Convenience Value for money Supermarkets & Convenience High quality and imported products A premium offering Surprising with superior service Bodega Soft discount format For popular neighborhoods High share of Surtimax private label Supermarkets High quality products at affordable prices Emphasis on customer service Supermarkets & Hypermarket Value and convenience 8

9 Local & International Presence Colombia 432 stores Uruguay 52 stores Other stores 815,914 sqm As of March 31,

10 Competitive Advantages Strong Loyalty Program High Private Label Penetration E-commerce Leader Strong Logistic Network Barranquilla 15 logistic locations Medellin Pereira B/manga Bogotá DC 80% Centralization Cali DC Distribution platforms 10

11 Complementary Businesses Drivers of Profitability Éxito Card Third credit card issuer in Colombia Near 1,7 million cards issued JV with Bancolombia Activités comp. 38% Real Estate 9 Shopping malls in mid-sized cities 1 Shopping mall under Viva brand 60k sqm GLA in shopping malls and 100k in Galleries Insurance More than 140,000 policies issued in the market JV with Grupo Sura Travel Business Network of 64 travel agencies in 22 cities 2nd travel agency in Colombia JV with Avianca Gas Stations 20 gas stations across the country 11

12 Financial Results Q13 1Q12 Millions of COP Millions of COP Millions of COP 1Q13/12 Net Revenues 10,229,673 2,604,463 2,455, % Gross Profit 2,669, , , % Gross Margin 26.10% 25.49% 25.47% +2 bp Operating Income 494, , , % Operating margin 4.80% 4.11% 4.08% +3 bp Net Income 475,305 89,332 93, % Net margin 4.60% 3.43% 3.82% -39 bp EBITDA 858, , , % EBITDA margin 8.40% 7.83% 7.80% +3 bp 12

13 Financial Results Net Revenues (COP$bn) Gross Profit (COP$bn) and margin (%) -2.0% +7.6% +17.8% 7,125 6,982 7,510 8, % 10,230 Gross Profit 24.8% 24.9% 1,764 1, % 1, % 2, % 2, EBITDA (COP$bn) and margin (%) Net Income (COP$bn) and margin (%) EBITDA 7.6% 7.7% % % % 859 Net Income 2.2% 2.1% % % % Note: Billions (bn) defined as 000,000,000; Figures Include Disco and Devoto from 4Q11. 13

14 Our Key Strategic Drivers Profitable Growth, Service & Innovation 1. Multichannel expansion Cover the Country Enter Mid-Sized Cities Saturate Existing Urban Markets Assure E-Commerce Leadership Strengthen Complementary Business Real Estate Developments 5. International Look Beyond Synergies with Uruguay Explore Opportunities in other Latin American Markets Focus on Customer 2. Commercial performance Accentuate Differentiation Best Customer Service Enhance CRM Product Innovation Joint Business Plan with Key Suppliers Private Brand Strengthening 4. HR & sustainable development Drive Superior Service Talent Development and Retention Children Nutrition Sustainability as Company Culture 3. Operating excellence Competitiveness Improve Working Capital Guarantee Return on Investments Strict Cost/Expense Control 14

15 Real Estate Projects Four shopping centers projects already started in 2012 Viva Laureles Location : Medellín (mediumhigh class neighborhood) GLA creation : 6,565 sqm Anchor : Exito Laureles (14,000 sqm). Status: Opened (Nov/2012) Viva Envigado Location : Envigado (medium class neighborhood). GLA creation : Over 100,000 sqm. Anchors : Exito Envigado (13,915 sqm), Homecenter, Flamingo. Status : Stage 0: Homecenter opened, Stage 1&2 under structuring. Viva Sincelejo Viva Villavicencio Location : Sincelejo, intermediate city in the Caribbean coast. GLA creation : 7,000 sqm. Anchors : Exito San Francisco (4,500 sqm) and Royal Film cinemas. Status : Under construction Location : Villavicencio, intermediate city in the oil region. GLA creation : 33,150 sqm. Anchors : Exito Villavicencio (15,000 sqm), Zara (TBC). Status : Under construction. 15

16 Grupo Éxito Track Record of Profitable Growth Issuance of 114 mm shares for international expansion Acquisition : 52 stores in Uruguay Foundation of 1949 Colombia Stock Exchange listing Stake of 25% in Exito by Acquisition: 77 stores Acquisition: 270 stores Carulla Vivero Casino acquired control Éxito Travel Agency 2007 Exito Credit Card Convenience Format Gas Stations Insurance Business 2011 Alliance: 31 Stores Express Formats 2012 Shopping Malls Highest Expansion 16

17 Five Approaches to Social Responsibility Achievement Being a Responsible, Committed Employer Being a Responsible Merchant regarding Suppliers Being a Responsible Merchant regarding Customers Actions against Climate Change and Reducing the Environmental Impact Actions Aimed at Local Development and Solidarity 17

18 Appendix 18

19 Uruguay: Value creation opportunities Stage 1: Ongoing Stage 2 Stage 3 Loyalty Program Integration Disco Mas and Devoto Hipercard cards Cost Synergies Increase % of centralization Cost controlling initiatives: hire own personnel, implementation of Exito s software to optimize check out productivity Sales Mix Optimization Complementary Businesses Development of E-Commerce, consumer credit, travel agencies and the insurance businesses. Capex and Working Capital Cost initiatives: upgrade of logistics processes, centralized workshops for perishables processing Working capital: leverage on skills developed by Éxito in inventory tracking Introduction of New Formats Expansion with proximity and convenience formats Real Estate Optimization Commercial development of adjacent areas into mini-malls and other related activities 19

20 Ownership Structure As of March 31, 2013 ADR program Other 3.0% Shareholders 8.5% International Funds 15.0% Casino Groupe 54.8% Colombian Pension Funds 18.7% 20

21 Management Team José Gabriel Loaiza VP Commercial and Logistics Sector experience: 12 years Juan Felipe Montoya Calle VP Human Resources Sector experience: 15 years Management Chief Executive Officer Carlos Mario Giraldo Sector experience: 18 years Filipe da Silva CFO Sector experience: 10 years Carlos Mario Diez Gómez VP Sales and Operations Sector experience: 20 years Board of Directors Arnaud Strasser Philippe Alarcón Yves Desjacques Chairman Guillermo Valencia Jaramillo * Felipe Ayerbe Muñoz Luisa Fernanda Lauforie Luis Carlos Uribe * * Jacky Janovich Juan Felipe Yarce VP Éxito brand Sector experience: 13 years VP Development and Real Estate Sector experience: 3 years Patrick Careil Nicanor Restrepo S María Fernanda Moreno Martin Nova * Independent members IR Manager Sector experience: 6 years VP Marketing Sector experience: 5 years 21

22 Grupo Éxito

Corporate Presentation 2014

Corporate Presentation 2014 Corporate Presentation 2014 Grupo Éxito Grupo Éxito is the leader retail Company in Colombia and Uruguay with Net Revenues of COP$10.7 billion in 2013 and 42% share of the formal market with a true nation-wide

More information

Launch of. Transaction Agreement with

Launch of. Transaction Agreement with Launch of & Transaction Agreement with Note on Forward-Looking Statements This presentation may contain forward-looking statements regarding expected developments and expectations about future events.

More information

Press release Envigado, July 22, 2014

Press release Envigado, July 22, 2014 During the second quarter of 2014, Grupo Éxito's sales increased 9.7% and operating income increased 13.8% as a result of the adequate performance of the omnichannel strategy During the second quarter

More information

Management Report 2015. Colombia. Brasil. We are a regional. lider Retail Company

Management Report 2015. Colombia. Brasil. We are a regional. lider Retail Company Management Report 2015 Colombia Brasil We are a regional lider Retail Company in South America Argentina Uruguay Management Report 2015 Colombia Brasil Uruguay Argentina Administrative headquarters Carrera

More information

Empresas Públicas de Medellín

Empresas Públicas de Medellín 1 Empresas Públicas de Medellín Emerging Markets Corporate Conference Miami, March of 2010 Disclaimer 2 This document was prepared by EPM with the purpose of providing interested parties certain financial

More information

2013FIRSTHALFRESULTS. JERÓNIMO MARTINS Strategic Overview

2013FIRSTHALFRESULTS. JERÓNIMO MARTINS Strategic Overview 2013FIRSTHALFRESULTS JERÓNIMO MARTINS Strategic Overview Disclaimer Statements in this presentation that are forward-looking statements are based on current expectations of future events and are subject

More information

We surround you with everything that makes your life happier. 2013 Annual Report

We surround you with everything that makes your life happier. 2013 Annual Report Rep ort We surround you with everything that makes your life happier. 2013 Annual Report Content 4 11 12 16 24 68 Management Report Consolidated Financial Statements Statutory Auditor s Report Consolidated

More information

One more year growing actively To serve you. Management

One more year growing actively To serve you. Management One more year growing actively To serve you Management report 2014 Grupo Éxito Administrative headquarters: Carrera 48 No. 32 B Sur - 139, Envigado A.A. 3479 Colombia Telephone: 57 4 339 6565 Cover: Sancho

More information

INVESTOR PRESENTATION

INVESTOR PRESENTATION INVESTOR PRESENTATION AUGUST 2014 1 2 DISCLAIMER THIS DOCUMENT HAS BEEN PREPARED BY PARQUE ARAUCO FOR THE PURPOSE OF PROVIDING GENERAL INFORMATION ABOUT THE COMPANY. The Company assumes no responsibility

More information

Super Retail Group Presentation. Macquarie Securities 2013 Australian Conference. Peter Birtles Managing Director and Chief Executive Officer

Super Retail Group Presentation. Macquarie Securities 2013 Australian Conference. Peter Birtles Managing Director and Chief Executive Officer Super Retail Group Presentation Macquarie Securities 2013 Australian Conference Peter Birtles Managing Director and Chief Executive Officer Group Structure To provide solutions and engaging experiences

More information

FURTHER PROFIT GROWTH IN FIRST-HALF 2015

FURTHER PROFIT GROWTH IN FIRST-HALF 2015 FURTHER PROFIT GROWTH IN FIRST-HALF 2015 Net sales of 37.7bn, up +5.2% (+2.9% on an organic basis) Growth in Recurring Operating Income: 726m, +2.6% at constant rates Strong growth in adjusted net income,

More information

FULL-YEAR RESULTS. 18 February 2014

FULL-YEAR RESULTS. 18 February 2014 FULL-YEAR RESULTS 2013 KEY FIGURES (CONTINUING OPERATIONS) 2013 Change vs. 2012 Consolidated net sales 48,645m +15.9% EBITDA 3,337m +17% EBITDA margin 6.9% +6bp Trading profit 2,363m +18.1% Trading margin

More information

Europe: Growth of +7.8% in Recurring Operating Income France: New half of improved profitability

Europe: Growth of +7.8% in Recurring Operating Income France: New half of improved profitability 2014 FIRST HALF RESULTS: CONTINUED GROWTH Organic sales growth of 4.3% Increase in Recurring Operating Income of +13.8% Strong increase in adjusted net income, Group share of +16.7% Strong profit growth

More information

PIERRE JEAN SIVIGNON FINANCIAL. Deputy Chief Executive Officer, Chief Financial Officer RESULTS

PIERRE JEAN SIVIGNON FINANCIAL. Deputy Chief Executive Officer, Chief Financial Officer RESULTS FULL YEAR RESULTS FINANCIAL RESULTS PIERRE JEAN SIVIGNON Deputy Chief Executive Officer, Chief Financial Officer FURTHER PROFIT GROWTH IN 2015 Variation at (in m) 2014 2015 (1) constant exch. rates Variation

More information

X5 RETAIL GROUP TO ACQUIRE KOPEYKA DISCOUNTER CHAIN:

X5 RETAIL GROUP TO ACQUIRE KOPEYKA DISCOUNTER CHAIN: X5 RETAIL GROUP TO ACQUIRE KOPEYKA DISCOUNTER CHAIN: BUILDS ON SOFT DISCOUNTERS SUCCESS AND ADDS TO X5 S OPPORTUNITIES FOR LEADERSHIP, GROWTH AND VALUE CREATION LONG-TERM RUBLE FINANCING FOR TRANSACTION

More information

Investor presentation. Antoine Giscard D Estaing, Group CFO

Investor presentation. Antoine Giscard D Estaing, Group CFO Investor presentation Antoine Giscard D Estaing, Group CFO Review of activities Ongoing deleveraging Simplification of Group structure Perspectives Appendices Review of activities France Ongoing deleveraging

More information

Leadership in life insurance. October 2013

Leadership in life insurance. October 2013 Leadership in life insurance October 2013 Agenda Industry overview and outlook Performance update Our strategy 2 Agenda Industry overview and outlook Performance update Our strategy 3 India life insurance

More information

Joint Venture with Casa Bahia Investor Presentation. December 4, 2009

Joint Venture with Casa Bahia Investor Presentation. December 4, 2009 Joint Venture with Casa Bahia Investor Presentation December 4, 2009 1 Disclaimer This presentation has been prepared in order to allow a better market understanding regarding the details of the announced

More information

Now, I will turn the conference over to Mr. Henrique Cordeiro Guerra, who will start the presentation. Mr. Henrique, you may begin the conference.

Now, I will turn the conference over to Mr. Henrique Cordeiro Guerra, who will start the presentation. Mr. Henrique, you may begin the conference. Good morning ladies and gentlemen. At this time we would like to welcome everyone to the Aliansce s 2Q15 earnings conference call. Today with us, we have Mr. Henrique Cordeiro Guerra, Executive Director,

More information

Investor Presentation. August 2012. years. Parque Arauco S.A. www.parauco.com

Investor Presentation. August 2012. years. Parque Arauco S.A. www.parauco.com Investor Presentation August 2012 years Parque Arauco S.A. www.parauco.com This document has been prepared by Parque Arauco for the purpose of providing general information about the Company. The Company

More information

INVESTOR PRESENTATION NOVEMBER 2014

INVESTOR PRESENTATION NOVEMBER 2014 INVESTOR PRESENTATION NOVEMBER 2014 CONTENTS 1 Casino s business profile 2 9 months 2014 highlights 3 Strategic priorities 2 1 CASINO S BUSINESS PROFILE KEY MILESTONES IN THE GROUP S HISTORY 1898 : Geoffroy

More information

Investor s day. 15th June 2012

Investor s day. 15th June 2012 Investor s day 15th June 2012 2012 Highlight: Growth in Russia Moscow (6) Samara (2) Novosibirsk (1) Krasnodar (1) Rostov (1) Ufa (1) Yekaterinburg (1) 13 Stores in Russia since November 2012 Forecast

More information

Super Retail Group Presentation. Macquarie Securities 2014 Australian Conference

Super Retail Group Presentation. Macquarie Securities 2014 Australian Conference Super Retail Group Presentation Macquarie Securities 2014 Australian Conference David Burns Chief Financial Officer 9 May 2014 Group Structure To provide solutions and engaging experiences that enable

More information

INTERNATIONAL CONFERENCE CALL ABOUT GENERAL SHOPPING BRASIL S FIRST QUARTER 2009 EARNINGS May 15, 2009

INTERNATIONAL CONFERENCE CALL ABOUT GENERAL SHOPPING BRASIL S FIRST QUARTER 2009 EARNINGS May 15, 2009 INTERNATIONAL CONFERENCE CALL ABOUT GENERAL SHOPPING BRASIL S FIRST QUARTER 2009 EARNINGS May 15, 2009 Operator: Ladies and gentlemen, thank you for standing by. This is General Shopping Brasil s conference

More information

First Quarter 2015 Earnings Conference Call. May 12, 2015

First Quarter 2015 Earnings Conference Call. May 12, 2015 First Quarter 2015 Earnings Conference Call May 12, 2015 Forward Looking Statements Statements made in this presentation that relate to our future performance or future financial results or other future

More information

ebay Inc. to Acquire GSI Commerce

ebay Inc. to Acquire GSI Commerce ebay Inc. to Acquire GSI Commerce Investor/Analyst Call March 28, 2011 Forward-looking statements This presentation contains non-gaap measures relating to the company's performance. You can find the reconciliation

More information

BALANCE SHEET AND INCOME STATEMENT

BALANCE SHEET AND INCOME STATEMENT BANCOLOMBIA S.A. (NYSE: CIB; BVC: BCOLOMBIA, PFBCOLOM) REPORTS CONSOLIDATED NET INCOME OF COP 1,879 BILLION FOR 2014, AN INCREASE OF 24% COMPARED TO 2013. Operating income increased 23.8% during 2014 and

More information

Institutional Presentation NOVEMBER / 2015

Institutional Presentation NOVEMBER / 2015 Institutional Presentation NOVEMBER / 2015 WHO WE ARE 2 WHO WE ARE TOTVS is a business solutions company founded and based in Brazil, with clients in 39 countries and 11 Development Centers located in

More information

Investor & Analyst Presentation Semi-Annual Report 2014. Dr. Cornelius Patt, CEO Andreas Grandinger, CFO August 19th, 2014

Investor & Analyst Presentation Semi-Annual Report 2014. Dr. Cornelius Patt, CEO Andreas Grandinger, CFO August 19th, 2014 Investor & Analyst Presentation Semi-Annual Report 2014 Dr. Cornelius Patt, CEO Andreas Grandinger, CFO August 19th, 2014 Safe Harbor Statement This document includes supplemental financial measures that

More information

Telecom Italia Group CARLO BUORA. Executive Deputy Chairman

Telecom Italia Group CARLO BUORA. Executive Deputy Chairman Telecom Italia Group CARLO BUORA Executive Deputy Chairman Safe Harbour This presentation contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation

More information

February 2014 FIXED INCOME INVESTOR PRESENTATION

February 2014 FIXED INCOME INVESTOR PRESENTATION February 2014 FIXED INCOME INVESTOR PRESENTATION 1 Disclaimer This is a presentation of general background information about Grupo Aval Acciones y Valores S.A. and its subsidiaries ( Grupo Aval ), as of

More information

So, now I would like to pass the floor to Mr. Carlos Medeiros. Mr. Carlos, you have the floor.

So, now I would like to pass the floor to Mr. Carlos Medeiros. Mr. Carlos, you have the floor. Operator: Good Morning. Welcome to conference call on the results of the 1Q07. Today we have here with us Mr. Carlos Medeiros, CEO, and Mr. Leandro Bousquet, CFO and IR Officer. We inform you that the

More information

The Norwegian Government Pension Fund Global

The Norwegian Government Pension Fund Global The Norwegian Government Pension Fund Global l Tore Eriksen Paris 1 June 2012 1 Part I The Role of oil & gas in the Norwegian economy 2 Discovery of oil on December 23. 1969; the Ekofisk oil field Foto:

More information

The Customer Relationship Management Process

The Customer Relationship Management Process The Customer Relationship Management Process E d u c a t i n g t h e W o r l d s B e s t A i r F o r c e Slide 1 The Supply Chain Management Processes Information Flow Supply Chain Management Processes

More information

Jean Van der hasselt CEO Russia and the Nordics

Jean Van der hasselt CEO Russia and the Nordics Jean Van der hasselt CEO Russia and the Nordics Market Overview Russia Population 140.4 million Language(s) Russian Currency Ruble Capital City Moscow GDP US$1.465 trillion Source: IMF Russia is the largest

More information

Migros Ticaret A.Ş. Tesco Kipa Acquisition Roadmap. June 2016

Migros Ticaret A.Ş. Tesco Kipa Acquisition Roadmap. June 2016 Migros Ticaret A.Ş. Tesco Kipa Acquisition Roadmap June 06 Disclaimer Statement Migros Ticaret A.Ş. (the Company ) has prepared this presentation for the sole purpose of providing information about its

More information

O KEY GROUP ANNOUNCES AUDITED FINANCIAL RESULTS FOR 2014

O KEY GROUP ANNOUNCES AUDITED FINANCIAL RESULTS FOR 2014 Press Release 19 March 2015 O KEY GROUP ANNOUNCES AUDITED FINANCIAL RESULTS FOR 2014 O KEY Group S.A (LSE: OKEY), a leading food retailer in Russia, today released audited consolidated financial results

More information

Tesla Motors, Inc. Fourth Quarter & Full Year 2013 Shareholder Letter

Tesla Motors, Inc. Fourth Quarter & Full Year 2013 Shareholder Letter Tesla Motors, Inc. Fourth Quarter & Full Year 2013 Shareholder Letter Record 6,892 Model S vehicles sold and delivered in Q4 World s highest Consumer Reports customer satisfaction score of 99/100 Q4 auto

More information

Enjoy S.A. June 2013

Enjoy S.A. June 2013 Enjoy S.A. June 2013 Executive summary Enjoy: Leader in the Chilean gaming industry, with a successful track record dating back over 37 years Comprehensive casino, hotel, restaurant, bar, event, show and

More information

2Q15 Consolidated Earnings Results

2Q15 Consolidated Earnings Results 2Q15 Consolidated Earnings Results IFRS September 2015 Disclaimer Grupo Aval Acciones y Valores S.A. ( Grupo Aval ) is an issuer of securities in Colombia and in the United States, registered with Colombia

More information

Teknosa İç ve Dış Ticaret A.Ş. 1Q14 Results

Teknosa İç ve Dış Ticaret A.Ş. 1Q14 Results Investor Presentation Teknosa İç ve Dış Ticaret A.Ş. 1Q14 Results «Leader of A Growing Market» Korhan Bilek, CFO Erman Tütüncüoğlu, Head of IR May 5, 2014 Investment Theme 1 Strong Leadership Having the

More information

Ramón Tellaeche Santander Cards

Ramón Tellaeche Santander Cards Ramón Tellaeche Santander Cards Disclaimer Banco Santander, S.A. ("Santander") cautions that this presentation contains forward-looking statements. These forward-looking statements are found in various

More information

#PPP PROJECTS. Dimitri Zaninovich. Director of Infrastructure and Sustainable Energy National Planning Department

#PPP PROJECTS. Dimitri Zaninovich. Director of Infrastructure and Sustainable Energy National Planning Department #PPP PROJECTS Dimitri Zaninovich Director of Infrastructure and Sustainable Energy National Planning Department February, 2014 1. Starting Point Colombia s Macroeconomic Overview Upcoming Opportunities

More information

FY15: A Very Good Year

FY15: A Very Good Year FY15: A Very Good Year Bullets Gifting Leader: Driving Growth 1 1 Multi-Brand, Omni-Channel, Customer Centric 2 FLWS: A Compelling Investment Opportunity Unique family of iconic gourmet and floral gift

More information

Capital Markets Day Athens, 16 January 2006 ALPHA. Retail Banking. G. Aronis Senior Manager, Retail Banking

Capital Markets Day Athens, 16 January 2006 ALPHA. Retail Banking. G. Aronis Senior Manager, Retail Banking Capital Markets Day Athens, 16 January 2006 ALPHA BANΚ Retail Banking G. Aronis Senior Manager, Retail Banking Contents: page Retail Banking at a Glance 3 Strategic Emphasis on Retail Banking 4 Household

More information

Pan-Jamaican Investment Trust Ltd

Pan-Jamaican Investment Trust Ltd Pan-Jamaican Investment Trust Ltd Statement from the Chairman and President Pan-Jamaican Investment Trust Ltd. achieved marked improvement in its performance during 1998, a period in which the Jamaican

More information

Gerry Byrne Country Head Poland

Gerry Byrne Country Head Poland Gerry Byrne Country Head Poland Bank Zachodni WBK S.A. ( BZ WBK ) and Banco Santander, S.A. ("Santander") both caution that this presentation contains forward-looking statements. These forward-looking

More information

JHSF Participações S.A. JHSF3

JHSF Participações S.A. JHSF3 JHSF Participações S.A. JHSF3 Disclaimer Management makes forward-looking statements concerning future events that are subject to risks and uncertainties. These statements are based on its beliefs and

More information

Chasing growth in a constrained environment

Chasing growth in a constrained environment Chasing growth in a constrained environment Bernard Fontana CEO June 14, 2012 Agenda 1 Drivers of demand growth 2 Allocating the asset footprint according to demand 3 Growth from customer excellence &

More information

RIPLEY CORP presentation. January 2009

RIPLEY CORP presentation. January 2009 RIPLEY CORP presentation January 2009 Ripley Corp 1. Ripley Today 2. Ripley Chile 2.0 3. Ripley Peru 4. Financing 5. Main goals Ripley Today why invest Ripley? Because Is a big player in the department

More information

Now, I will turn the conference over to the CEO, Mr. Carbonari, who will begin the presentation. Mr. Carbonari, you may begin your conference.

Now, I will turn the conference over to the CEO, Mr. Carbonari, who will begin the presentation. Mr. Carbonari, you may begin your conference. Operator: Good morning, ladies and gentlemen. At this time we would like to welcome everyone to Anhanguera Educacional s 1Q07 results conference call. Today with us we have Mr. Antonio Carbonari, CEO;

More information

FOR IMMEDIATE RELEASE

FOR IMMEDIATE RELEASE FOR IMMEDIATE RELEASE O-I REPORTS FULL YEAR AND FOURTH QUARTER 2014 RESULTS O-I generates second highest free cash flow in the Company s history PERRYSBURG, Ohio (February 2, 2015) Owens-Illinois, Inc.

More information

Full Year 2012 Results. Madrid, February 28 th, 2013

Full Year 2012 Results. Madrid, February 28 th, 2013 Full Year 2012 Results Madrid, February 28 th, 2013 Our progress in 2012 1. A new company identity and mission 2. A fully integrated organization 3. A strong plan going forward 4. Solid business and financial

More information

Restructuring of Sistema s Portfolio in the Current Market Conditions

Restructuring of Sistema s Portfolio in the Current Market Conditions Restructuring of Sistema s Portfolio in the Current Market Conditions Leonid Melamed President, Chief Executive Officer Alexey Buyanov Senior Vice President, Head of Finance and Investment Anton Abugov

More information

As of December 31, 2009

As of December 31, 2009 United States As of December 31, 2009 Stores 1 169 (1) 65 28 70 171 104 Area Southeast Maryland, Maryland, Georgia, Northeast Westcoast of and Virginia, Virginia, Northern Florida Florida Mid-Atlantic

More information

Jerónimo Martins, SGPS, S.A. 2012 Full Year Results

Jerónimo Martins, SGPS, S.A. 2012 Full Year Results Jerónimo Martins, SGPS, S.A. 2012 Full Year Results Lisbon, 27 February 2013 In a difficult macroeconomic environment, Jerónimo Martins has strengthened its competitiveness in all markets Consolidated

More information

2015 Fourth Quarter and Full Year Results Acquisition of TransFirst

2015 Fourth Quarter and Full Year Results Acquisition of TransFirst Acquisition of TransFirst January 26, 2016 2016 Total System Services, Inc. All rights reserved worldwide. > CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This presentation contains statements that

More information

Pilgrim s Pride Corporation

Pilgrim s Pride Corporation Pilgrim s Pride Corporation (NASDAQ: PPC) Proposal to Acquire Hillshire Brands May 27, 2014 Forward Looking Statements Statements contained in this presentation that state the intentions, plans, hopes,

More information

Sustained leadership in life insurance. September 2011

Sustained leadership in life insurance. September 2011 Sustained leadership in life insurance September 2011 Agenda Industry overview and outlook Recent market developments ICICI Prudential: Strategic elements Performance snapshot 2 Agenda Industry overview

More information

GTECH Acquisition of IGT

GTECH Acquisition of IGT GTECH Acquisition of IGT Creating the World s Leading End-to-End Gaming Company July 16, 2014 Forward-looking Statements This presentation contains forward-looking statements (including within the meaning

More information

Marina Bay Sands. George Tanasijevich President and CEO of Marina Bay Sands

Marina Bay Sands. George Tanasijevich President and CEO of Marina Bay Sands Marina Bay Sands George Tanasijevich President and CEO of Marina Bay Sands MBS Starts Strong and Continues to Ramp Marina Bay Sands Starts Strong and Continues to Ramp Adjusted Property EBITDA and Adjusted

More information

Old Mutual Acquisition of United Asset Management. 19 June 2000

Old Mutual Acquisition of United Asset Management. 19 June 2000 Old Mutual Acquisition of United Asset Management 19 June 2000 0 Speakers Johannesburg Mike Levett Old Mutual - Chairman and C.E.O. London Eric Anstee Old Mutual - Group Finance Director Boston James F.

More information

Q3 2015 Company Presentation

Q3 2015 Company Presentation Q3 2015 Company Presentation Safe Harbor Statement and Disclosure Statements in this presentation regarding 51job s future business, operating results and financial condition constitute "forwardlooking"

More information

Announcing a new investment in Latin America

Announcing a new investment in Latin America BT Global Services Announcing a new investment in Latin America October 2011 BT Global Services BT a global leader in networked IT services Introduction Jeff Kelly CEO 2 Introduction BT, an introduction

More information

Aliansce Day Presentation

Aliansce Day Presentation Aliansce Day Presentation 2012 Our Portfolio Mature Assets (More than 5 years of operating history) New Generation Assets (Malls with less than 5 years of operating history) Next Generation Assets (Assets

More information

REAL STATE PORTFOLIO Q3-2014

REAL STATE PORTFOLIO Q3-2014 REAL STATE PORTFOLIO Q3-2014 LEGAL NOTICE Constructora Conconcreto S. A. ensures that the information published on its Website maintains high standards of quality. However, it does not assume any responsibility

More information

Russia. Elena Shmatova. Executive Vice President and Head of the Russia Business Unit. VimpelCom Ltd 2011

Russia. Elena Shmatova. Executive Vice President and Head of the Russia Business Unit. VimpelCom Ltd 2011 Russia Elena Shmatova Executive Vice President and Head of the Russia Business Unit 1 Market Industry Trends for Russia Total Russian telecom market dynamics* (Revenues in RUR billion) CAGR, % 2011-2014

More information

Midwest Investment Conference

Midwest Investment Conference June 22 2016 Midwest Investment Conference Lee D. Rudow President and CEO Michael J. Tschiderer Chief Financial Officer 1 Safe Harbor Statement This presentation contains forward looking statements within

More information

Good morning. I will read you a brief message from our CEO, José Isaac Peres, to you.

Good morning. I will read you a brief message from our CEO, José Isaac Peres, to you. Good afternoon. Welcome, everyone, to s 4Q07 earnings conference call. Today with us we have Mr. José Isaac Peres, CEO; Mr. Armando d Almeida Neto, CFO and IRO; Mr. Marcello Barnes, Development Officer;

More information

Full Year Results 2014

Full Year Results 2014 Full Year Results 2014 18 March 2015 Conference call on FY Results 2014 Corporate Finance & Investor Relations AGENDA FY 2014 results presentation Highlights 2014 Financials 2014 Outlook 2015 Appendix

More information

Wealth Management and Securities Services

Wealth Management and Securities Services U.S. Bancorp Investor Day Wealth Management and Securities Services Terry Dolan Vice Chairman September 12, 2013 # Forward-looking Statements and Additional Information The following information appears

More information

STEADY DOMESTIC CASHFLOW EXPLOSIVE INTERNATIONAL GROWTH

STEADY DOMESTIC CASHFLOW EXPLOSIVE INTERNATIONAL GROWTH STEADY DOMESTIC CASHFLOW EXPLOSIVE INTERNATIONAL GROWTH 1 REQUIRED STATEMENT ABOUT FORECASTS Calpian s models and projections are based on certain key assumptions, including but not limited to the following:

More information

corporate presentation santander 15th annual latin american ceo conference cancun January 2011

corporate presentation santander 15th annual latin american ceo conference cancun January 2011 corporate presentation santander 15th annual latin american ceo conference cancun January 2011 disclaimer This presentation may contain projections or other forward-looking statements related to masisa

More information

KONE CMD 2014 Developing our business in China on a broad basis

KONE CMD 2014 Developing our business in China on a broad basis KONE CMD 2014 Developing our business in China on a broad basis William B. Johnson, Executive Vice President, Greater China Agenda Our performance in China Major current market trends Solid long-term growth

More information

The Future Begins Today

The Future Begins Today Numericable Group Company presentation July 2013 The Future Begins Today Creating the French Champion in Very High Speed Fixed Mobile Convergence 17 March 2014 Disclaimer This presentation contains statements

More information

Introduction to mbank Group The most successful organic growth story in Poland

Introduction to mbank Group The most successful organic growth story in Poland Introduction to mbank Group The most successful organic growth story in Poland August 2015 mbank Group in a snapshot General description Key financial data (PLN M) Set up in 1986, mbank (originally BRE

More information

2015 Latin American Business Process Outsourcing Association of the Year Award

2015 Latin American Business Process Outsourcing Association of the Year Award 2015 Latin American Business Process Outsourcing Association of the Year Award 2015 Contents Background and Association Performance... 3 Industry Challenges... 3 Visionary Innovation & Performance and

More information

Colombia will absorb well the negative impact of the low oil prices

Colombia will absorb well the negative impact of the low oil prices BBVA COLOMBIA 4Q2014 The IR Recognition granted by Bolsa de Valores de Colombia S.A. (the Colombian Stock Exchange) is not a certification of the registered securities or the solvency of the issuer. 2

More information

Interconexion Electrica S.A. E.S.P. (ISA) 'BBB' Credit Rating Affirmed, Outlook Remains Stable

Interconexion Electrica S.A. E.S.P. (ISA) 'BBB' Credit Rating Affirmed, Outlook Remains Stable Research Update: Interconexion Electrica S.A. E.S.P. (ISA) 'BBB' Credit Rating Affirmed, Outlook Remains Stable Primary Credit Analyst: Maria del Sol S Gonzalez, CFA, New York (1) 212-438-4443; maria.gonzalezcosio@standardandpoors.com

More information

Customer Engagement. Chris Corley. Senior Vice President Corporate Sales CDW Corporation

Customer Engagement. Chris Corley. Senior Vice President Corporate Sales CDW Corporation Customer Engagement Chris Corley Senior Vice President Corporate Sales 2012 CDW Corporation Disclaimers This presentation contains forward-looking statements within the meaning of the federal securities

More information

Lockheed Martin Corporation

Lockheed Martin Corporation Lockheed Martin Corporation Portfolio Shaping Actions & 2 nd Quarter 2015 Financial Results July 20, 2015 11:00 am EDT Webcast login at www.lockheedmartin.com/investor Webcast replay & podcast available

More information

1Q15 Consolidated Earnings Results

1Q15 Consolidated Earnings Results 1Q15 Consolidated Earnings Results Colombian Banking GAAP and IFRS June 2015 Disclaimer Grupo Aval Acciones y Valores S.A. ( Grupo Aval ) is an issuer of securities in Colombia and in the United States,

More information

Now, I turn the conference to Mr. Adalberto Pereira dos Santos, CFO and IRO, who will start the presentation. Mr. Santos, you may proceed.

Now, I turn the conference to Mr. Adalberto Pereira dos Santos, CFO and IRO, who will start the presentation. Mr. Santos, you may proceed. Operator: Good afternoon and thank you for waiting. Welcome to the conference call for Marisa Lojas Associadas, and the results of the 4Q15. Here with us we have Mr. Marcio Goldfarb, CEO of the Company,

More information

Investor Presentation Q3 2014

Investor Presentation Q3 2014 Investor Presentation Q3 2014 Disclaimers Related to forward-looking statements This presentation may contain forward-looking statements that involve risks, uncertainties and other factors concerning,

More information

2013 Full Year Results. 28 March 2014

2013 Full Year Results. 28 March 2014 2013 Full Year Results 28 March 2014 Agenda 1. Full year highlights 2. Business performance 3. Corporate strategy 4. Summary Full year highlights 3 Full year highlights Exceptional full year results -

More information

WE ARE. SHOWROOMPRIVE.com FY2015 RESULTS February, 16 th 2016

WE ARE. SHOWROOMPRIVE.com FY2015 RESULTS February, 16 th 2016 WE ARE SHOWROOMPRIVE.com FY2015 RESULTS February, 16 th 2016 I BUSINESS UPDATE AND 2015 RESULTS HIGHLIGHTS 2015: A YEAR FULL OF ACHIEVEMENTS A STRONG AND PROFITABLE GROWTH 443m net sales and 24m EBITDA

More information

Nokia Conference Call 2Q 2012 Financial Results

Nokia Conference Call 2Q 2012 Financial Results Nokia Conference Call 2Q 2012 Financial Results July 19, 2012 15.00 Helsinki time 8.00 New York time Stephen Elop President & CEO Timo Ihamuotila CFO Matt Shimao Head of Investor Relations 1 Disclaimer

More information

Investor Day LA&C Region Lausanne, June 21, 2012. James R. Mortensen President, Latin America & Canada Region Philip Morris International

Investor Day LA&C Region Lausanne, June 21, 2012. James R. Mortensen President, Latin America & Canada Region Philip Morris International Investor Day LA&C Region Lausanne, June 21, 2012 James R. Mortensen President, Latin America & Canada Region Philip Morris International What Latin America & Canada Offers Favorable environment for uptrading

More information

Investor Presentation 8 February 2016

Investor Presentation 8 February 2016 Investor Presentation 8 February 2016 SOLID BUSINESS DYNAMICS IN FRANCE AND RESILIENT INTERNATIONAL OPERATIONS STRONG LIQUIDITY AND ONGOING DELEVERAGING CONCLUSION APPENDICES SOLID BUSINESS DYNAMICS IN

More information

Group Financial Outlook and Strategy. Mark Langer, CFO Paris, November 19, 2014

Group Financial Outlook and Strategy. Mark Langer, CFO Paris, November 19, 2014 Investor Day 2014 Group Financial Outlook and Strategy Mark Langer, CFO Paris, November 19, 2014 HUGO BOSS 19-Nov-14 2 Agenda Review of past financial performance Current trading update Financial implications

More information

Consumer & retail. abc. Consumer & retail team

Consumer & retail. abc. Consumer & retail team team Francisco J Chevez Analyst HSBC Securities (USA) Inc. +1 212 525 5350 francisco.j.chevez@us.hsbc.com Manisha Chaudhry Analyst HSBC Securities (USA) Inc. +1 212 525 3035 manisha.a.chaudhry@us.hsbc.com

More information

Canadian Tire: Value Under the Hood

Canadian Tire: Value Under the Hood Canadian Tire: Value Under the Hood May 2006 Pershing Square Capital Management, L.P. Disclaimer Pershing Square Capital Management's ("Pershing") analysis and conclusions regarding Canadian Tire Corporation

More information

JHSF at a Glance. Leadership Across all Business Segments. Real Estate Development. Real Estate Development. Shopping Malls and Office Rentals

JHSF at a Glance. Leadership Across all Business Segments. Real Estate Development. Real Estate Development. Shopping Malls and Office Rentals Disclaimer This material is a presentation of general background information about JHSF Participações S.A. ( JHSF") as of the date of this presentation. Information contained herein has been summarized

More information

We do what we say we will do.

We do what we say we will do. We do what we say we will do. Investor Presentation March 2013 1 Forward-Looking Statements Certain statements in this document are forward-looking statements, which reflect management s current beliefs

More information

LOGO BUSINESS SOLUTIONS

LOGO BUSINESS SOLUTIONS LOGO BUSINESS SOLUTIONS Analyst Presentation for FY 2014 Gülnur Anlaş Chief Financial Officer February 16, 2015 12 1 Disclaimer This presentation contains information and analysis on financial statements

More information

Powering Global Commerce. Company Overview May 2015

Powering Global Commerce. Company Overview May 2015 Powering Global Commerce Company Overview May 2015 Disclaimer Forward-looking Statements. Use of Non-GAAP financial measures 2 This presentation and comments made by management contain forward-looking

More information

SURA Asset Management Lifted By Rising Wave of Retirement Savings in Latin America

SURA Asset Management Lifted By Rising Wave of Retirement Savings in Latin America ISSUER IN-DEPTH ANALYST CONTACTS Jose Angel Montano 52-55-1253-5722 VP-Senior Analyst joseangel.montano@moodys.com Rocio Nunez 52-55-1555-5308 Associate Analyst rocio.nunez@moodys.com Robert M. Callagy

More information

Belden. Leading the Way to an Interconnected World. August 2015. 2015 Belden Inc. belden.com @BeldenInc

Belden. Leading the Way to an Interconnected World. August 2015. 2015 Belden Inc. belden.com @BeldenInc Belden Leading the Way to an Interconnected World August 2015 2015 Belden Inc. belden.com @BeldenInc Belden s Business Transformation Portfolio Expansion Market and Geographic Footprint Talent/ Leadership

More information

Presentation. May 2016. 1 To make brands successful in e-commerce

Presentation. May 2016. 1 To make brands successful in e-commerce Presentation May 2016 1 To make brands successful in e-commerce We Are the Market Leader in Brand E-Commerce Solutions in China Largest brand e-commerce solutions provider, with 20% market share (1) Leading

More information