Investor Presentaiton
Driving Consistent Growth and Profitability
Adj. EBITDA
Geographic Diversification
(By Sales)
Countries
(1)(2)
2008
Net Sales
US$7.4 Bn
US$0.9 Bn
US$14.1 Bn
(2)
(2)
2014
3023LT
US$22.3 Bn
EVOLUTION & GROWTH
in the Last 14.75 years
3.0x
US$1.4 Bn
US$3.1(3) Bn
3.4x
EAA
4%
EAA
9.9%
NA 22%
Mex 64%
NA 48%
Mex 36%
NA 49.3%
Mex 31.4%
Latam
14%
Latam
12%
Latam
9.5%
18
22
34
1.9x
Bakeries & Plants
83
167
217
2.6x
Baking Market Share(4)
2.0% (5)
3.1%
3.4%
1.4pp
Market Cap
US$4.9 Bn
US$13.0 Bn
US$21.3 Bn
4.3x
CAPEX
US$357 MM
US$548 MM
US$1.8 Bn
5.0x
Net Debt / Adj. EBITDA (6)
2.7x(7)
3.1x (8)
2.0x
(0.7x)
Relevant Acquisitions
Credit Ratings
Weston
Sara fee
B
CANADA
BREAD
Eas Bale Bakurse
Upgrade to Baal by Moody's and BBB+ by S&P & Fitch in 2023
(1) Results prepared in accordance with Mexican GAAP. (2) Net Sales, adj. EBITDA and CAPEX figures converted to US dollars using an average FX rate for the period, 2008 of $11.16 Ps./US, 2014 of $13.30 Ps./US and LTM ended September 30, 2023
of 18.27. (3) Figures with IFRS 16. Adj. EBITDA: Earnings before interests, taxes, depreciation, amortization and MEPPS. (4) Source: Euromonitor. Includes: Bread, Cakes, Pastries, and Dessert Pies and Tarts. (5) Calculated dividing the 2008 revenues
of Grupo Bimbo of Ps$82 Bn converted to US dollars using an average FX rate for the period of $11.16 Ps./US by the baked goods' market value of US$365 Bn as reported by Euromonitor. (6) Adj. EBITDA w/o IFRS16. (7) Leverage ratio pro-forma for
Weston Foods acquisition. (8) Leverage ratio pro-forma for Canada Bread acquisition.
10View entire presentation