May 03, 2021 / 01:00PM GMT
JoséDomingo Penagos Vásquez - Grupo Nutresa S. A. - CFO & VP of Corporate Finance
Thank you, Carlos Ignacio. Good morning, everyone. Starting on Slide #8, we'll look at the profitability of financial statements and the position of current debt in the group. We'll also speak about cash and CapEx.
So in this, Slide #8, we see the EBITDA for the quarter, which is COP 398,000 million with a growth of 5.7% and a margin on sales of 14%. This is a quarter that reflects, first of all, price pressure on raw materials. This is in most business units. We also have a higher expense due to the intensive strict measures for cleaning protection for biodiversity, which are necessary to operate in this pandemic. And this is an additional cost of about COP 18,000 million and would be -- or I'll call it to 70 basis points margins. They're not giants, but they are necessary costs. And because we are responsible and we have to encourage them to operate, this is the first chapter. This, as I said earlier, this applies to most, if not, all business units. And although it sounds a
Q1 2021 Grupo Nutresa SA Earnings Call Transcript
May 03, 2021
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