Becle Company Presentation
6
Best-in-Class Capital Structure & Prudent Financial Policy Whilst
Delivering Consistent Growth
Jose Cuervo
Best-In-Class Credit Metrics
Total Debt/ Market Cap (1)
25.2%
15.5%
11.3%
8.6%
6.2%
Total Debt/2021 EBITDA
71.3%
Diageo
Brown-Forman
Jose Cuervo
Pernod
Ricard
Constellation
Brands
Heineken
4.8x
3.3x
3.4x
2.6x
2.3x
2.1x
Brown-Forman
Jose Cuervo Heineken
Constellation
Brands
Diageo
Pernod Ricard
Proven Financial Discipline While Executing on a Successful Growth Strategy
Ps$ MM
2.0x Net Sales Expansion While Maintaining an Almost Flat Leverage Ratio
Acquisitions
BUSHMILLS
IRISH WHISKEY
18,475
1.8x
PENDLETON
BLEBO
MUICKY
24,396
25,958
28,158
1.7x
35,036
29,705
1.9x
1.6x
PROPER TWELVE
IRISH WHISKEY
(2018-21)
$15 2Q21 LTM
sales CAGR:
13.9%
37,841
(3)
1.8x
2015
2016
Net sales
1.4x
2017
Total Debt/ LTM EBITDA
1.6x
2018
1.5x
2019
Total Debt / LTM EBITDA (x) (exc. IFRS 16)
1.3x
2020
1.6x (3)
2Q21
Source: Capital IQ, Company Filings. Company Audited Financial Statements and most recent publicly available annual financial statements for our peers. We have included the information presented in this chart for illustrative purposes only and we cannot assure you of the accuracy or comparability of our
peers' financial statements. Operating profit may be measured differently by our peers for many reasons, including the fact that entities may differ in their application of accounting principles
Notes:
1. As of March 9, 2022
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