Grupo Nutresa (NUTRESA) investor relations material

Executive summary

• Achieved double-digit sales growth in Colombia (+14.3%) and high single-digit growth internationally (+8.3% in USD), with volumes up 2.5%.

• Gross margin expanded by 370 basis points, driven by strategic hedging, lower commodity costs, and ongoing optimization.

• Adjusted EBITDA margin reached 20.4%, reflecting operational optimization and sustainable cost efficiencies.

• Six of eight business units posted double-digit growth, led by Ice Cream (+31.5%), Coffee (+27.2%), and Biscuits and Snacks (+25.4%).

• Business reorganization implemented, consolidating reporting units and simplifying structure for faster decision-making.

Financial highlights

• Total sales reached COP 5.2 trillion, up 6.6% year-over-year; USD sales at $1.41 billion (+5.2% YoY).

• Colombian sales: COP 3.3 trillion (+14.3% YoY), $888 million (+29.5% YoY in USD); international sales: $518 million (+8.3% YoY), COP 1.9 trillion (-4.4% YoY due to peso revaluation).

• Adjusted EBITDA (excluding non-recurring expenses) was COP 1.06 trillion (+43.4% YoY), with a margin of 20.4%.

• Net profit was COP 343 billion, up 6.6% year-over-year; adjusted net income rose 12.1%, but reported a net loss due to non-recurring items and FX.

• Operating profit rose 49.2% to COP 898.6 billion; gross profit margin improved to 42.5%.

Outlook and guidance

• Maintains guidance for high single- to double-digit top-line growth for 2026.

• EBITDA margin expected between 19% and 20% ($1.15–$1.25 billion).

• CapEx to be about 2.8% of total sales, focused on growth investments.

• Management emphasized continued investment in brands, innovation, affordability, and sustainable long-term value.