CASINO, GUICHARD-PERRACHON SA Investor presentation
-
September 2021
Casino at a glance
Key business highlights
- Multi-format,multi-banner and multi-channel retailer
- Over 120 years of history
- Primary focus on France and Latin America food retail
- Leverages its asset base to create new and innovative businesses
GreenYellow - solar energy and energy efficiency services relevanC and ScaleMax - data solutions and data centres
- 205,769 employees as of December 2020
- Key financials:
€31,912m 2020A net sales
€2,742m 2020A Consolidated EBITDA (margin: 8.6%)
• 10,794 stores in France and Latam as of December 2020
Omni-channel offering
- Traditional food retail
- E-commercefood retail
- E-commercenon-food retail
- New businesses - solar energy, data solutions, data centres
Leading market positions
#2 | #4 | #2 | |
Convenience² | Supermarkets² | E-commerce³ | |
Modern | Modern | ||
#1 | Grocery | #1 | Grocery |
Retail² | Retail² |
2020A Net Sales and EBITDA contribution by division and format
Consolidated net sales | Group Consolidated EBITDA | France Retail sales by format | ||
€31,912m | €2,742m | €15,219m | ||
Latam Retail | France Retail | Hypermarkets | ||
46% | France Retail | 25% | Convenience stores | |
48% | ||||
53% | ||||
& Others | ||||
Latam Retail | ||||
55%¹ | ||||
42% | ||||
E-commerce | E-commerce | Supermarkets | ||
20% | ||||
6% | 5% | |||
Source: Company information; Euromonitor International, Retailing 2020 Edition
1 Includes Monoprix, Franprix, and Convenience & other; 2 Sourced from Euromonitor International, Retailing 2021 edition, as per relevant market segment, GBO market share, Retail value RSP excl. sales tax, EUR fixed exchange rate, 2020 estimates are based on partial-year information; 3 Sourced from Kantar,
"e-Kommerce" report
Investor presentation / September 2021 | 2 |
A leader in French and Latam food retail, with high-growthe-commerce operations
France Retail | Latin America | E-commerce | |
Food | retail and food e-commerce | Brazil food retail | Cdiscount |
Key highlights
- Leading French food retail player, operating 8,059 stores¹
- - leading premium urban banner
Pioneer of food e-commercewith Ocado Partnership (first fully automated warehouse in France) and exclusivity on Amazon portal (through Amazon Monoprix Partnership)
Value-added organic offer for urban consumers with
- Wide range of other successful formats with convenience stores, supermarkets and hypermarkets
New businesses
- GreenYellow: one-stop shop for energy savings and solar energy
- relevanC: monetization of customer data
- Scalemax: new player in the data centres market
Other activities and assets
- Real estate: valuation of €1.2bn²
- 20% stake in Mercialys
- €2.1bn stake3,4 in Brazil's listed leader in food retail GPA (€0.5bn3) and cash & carry leader Assai (€1.6bn4)
- Network of 1,058 stores¹
- Active across multiple store formats incl. hypermarkets, supermarkets, hard discount and convenience
- Present in the attractive cash & carry segment via recently spun-off Assai
Other Latam food retail
-
Leading food retail player in Colombia and Uruguay, with presence in Argentina
2,123 stores operated in Argentina, Uruguay & Colombia¹ - Present in hypermarkets, supermarkets, convenience and discount store formats
- A Leading non-food ecommerce retailer in France with #2 market position
- 2020A Gross Merchandise Volume of €4,207m
- More than 20m unique website visitors per month on average in 2020
- Growing marketplace business - 43.6% contribution in FY2020 - considered as a major profitability driver
- Wide array of ancillary services offered to consumers, such as financial, energy and travel
Source: Company information
1 As of 30 June 2021; 2 Excluding transfer duties; 3 Based on GPA's share price as of September 3, 2021 and Casino's stake in GPA of c.41%; 4 share price as of September 3, 2021 and Casino's stake in Assai of c.41%
Investor presentation / September 2021
Based on Assai's
3
Casino Group
key credit strengths
4
Key credit strengths
1 | Leading position in the French food retail market through structurally well-positioned | |
formats, attractive consumer offering, best-in-class food E-commerce and digitalisation | ||
2 | Best-in-classnon-foodE-commerce platform |
3 | Track-record of growth and value creation from new businesses |
4 | High-growth operations in attractive Latin American markets |
5 | Rated best-in-class for ESG commitments |
6 | Strong focus on cash flow generation and de-leveraging in France |
Investor presentation / September 2021 | 5 |
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Casino Guichard Perrachon SA published this content on 07 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 September 2021 15:51:06 UTC.
