First Quarter 2019 DISCLA SCLAIM IMER This presentation contains - - PowerPoint PPT Presentation

EARNINGS PRESENTATION First Quarter 2019

DISCLA SCLAIM IMER

This presentation contains forward-looking statements, including statements regarding the intent, belief or current expectations of the company and its management. Investors are cautioned that any such forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties including, but not limited to, the risks detailed in the company’s financial statements, and actual results could differ materially from those indicated by such forward-looking statements.

Our strategic priorities

01

Differentiated Value Proposition

02

Scaling Up Logistics And Fulfillment

03

Financing and Payments

04

Data Analytics and Business Intelligence

05

Technological Platform Development Buildi ding ng a di digita tal ecosyst system em leve verage raged d on our r unmatched matched ph physical sical assets ssets

Falabel ella a Retail 18% penetration Home Improve vemen ment Superma marke rkets ts

US 159 Mn US 37 Mn US 4 Mn

ONLINE SALES 1Q19

Note: This information does not include Linio

TOTAL ONLINE SALES

7.5%

Online penetration

+44.6%

Growth NMV

Ecommerce sales NMV Linio

Mn US; annual var. (%)

+163 Mn,

Visits to our retail platforms

+2 Mn,

45% YoY

Orders on our ecommerce sites

1Q 1Q19 9 | continuous growth

• f our online channels

160 200 31

160 231 1Q18 1Q19

US 345 Mn, 50.4%

1Q19 financial products online sales; growth

Chile Peru Colombia Others

NMV 1

Annual Var (%) FX neutral

Market place performance

1 NMV corresponds to Net Merchandise Value. A measure of the total sum of all transactions made through Linio, net of VAT

76.0% 62.4% 27.9% 38.6%

Mexico

2 logistic centers 18,000 Sqm

Colombia

7 logistics centers 139,000 Sqm

Peru

13 logistics centers 239,000 Sqm

Chile

38 logistics centers 766,000 Sq m

1 Food Production Center +8000 Sqm

Argentina

4 logistics centers 64,000 Sqm

• 1. Information only for operation in Chile

ASSORTMENT AVAILABLE FOR DISPATCH IN 24 HRS.1

76% Falabella Retail 71% Sodimac

UNITS SOLD USING CLICK AND COLLECT

64% Falabella Retail

Logistics capabilities and network

FI FINA NANCIAL NCIAL RESULT LTS

1Q18 1Q19

REVENUES Mn US; annual var. (%)

1Q 1Q19 9 | Revenue

2.9%

Growth

3,226 3,319

1Q18 1Q19

• 3.0%

Growth

34.9%

Gross margin GROSS PROFIT Mn US; annual var. (%)

Gross ss pr profit it Pressured by sluggish consumer environment in Chile

1,196 1,160

IFRS 16 Effect

• 22.1%

Growth as reported

• 25.3%

Excluding IFRS 16

7.6%

Operating Margin

Operating Income

OPERATING INCOME Mn US; annual var. (%)

Operating Income

323 241

As reported 251

1Q18 1Q19

11

Operating Income

251 244

• 10
• 8

8 323

1Q18 OP INCOME 1Q19 ADJUSTED OP INCOME IAS 29 - OP INCOME LINIO - OP INCOME IFRS 16 1Q19 OP INCOME

10

Net Financi nancial al Debt/ t/Ebitd Ebitda (time mes) s) w/o Banking Operations Leverag rage (time mes) w/o Banking Operations Debt By Credito itor r w/o Banking Operations Debt By Matur urity ity w/o Banking Operations

5.4 years

Duration

US$ 4,668 MM

Financial Debt w/o Banks

Mar 2019 3.89 3.35 Mar 2018 Mar 2019 1.05 1.06 Mar 2018

Leverage

INFORMAT FORMATION ION BY BY SEGMENT ENT

Falabella Retail

MAIN EVENTS

11.5%

• 36.5%

8.3% 1.1%

Mn CLP; Annual Var (%)

New functionalities and improvements to the mobile app, among them, the possibility to obtain an attention number and click & collect coupons.

• 0.2%

SALES 1Q19

77.184 40.151 130.928 355.354 603.616 Colombia Argentina Peru Chile Total

SSS 10.5% 32.4% 5.4%

• 3.6%

Var Local Currency % 10.2% 24.1% 0.3% 1.1%

48.165 201.661 26.444 163.126 571.848 809.582 Brasil Colombia Argentina Peru Chile Total

5.2% 11.7%

• 31.9%

8.6% 1.0% 1.1%

SODIMAC

MAIN EVENTS

Mn CLP; Annual Var (%)

Sodimac Ñuñoa store was reopened

SALES 1Q19

SSS 3.1% 3.9% 23.2% 2.6% 2.4% Var Local Currency % 10.1% 10.5% 33.2% 0.6% 1.0%

13.7% 1.2% 7.2%

TOTTUS

MAIN EVENTS

Mn CLP; Annual Var (%)

2 openings Chile 1 Hiperbodega Precio Uno’ opening Peru

SALES 1Q19

193.994 185.450 379.444 Peru Chile Total SSS 6.0% 1.1% Var Local Currency % 5.3% 1.2%

FINANCIAL SERVICES

MAIN EVENTS

Mn CLP; Annual Var (%)

On April 15th, Falabella agreed to sell Viajes Falabella in Chile, Colombia, Peru and Argentina, plus the license for use of the brand, to Despegar.com.

GROSS LOANS 1Q19

84,332 685,616 622,167 3,660,486 Argentina Colombia Peru Chile

• 56.6

38.8% 0.8% 7.2%

58,814 62,890 82.0% 81.4% 1Q18 1Q19

REAL ESTATE

MAIN EVENTS

Mn CLP; EBITDA Margin (%)

EBITDA PLAZA

43

Shopping Centers

3,20 Mn

M2 GLA between shopping centers and free standing

Mallplaza started the construction of the Mallplaza Comas shopping center in Peru, which will have a surface area of 81,000 m2.

ANNEX NEX

1Q19 | Pro Forma Consolidate Statements excluding IFRS 16

1Q19 IFRS S 16 adj djustme tments nts 1Q19 exc xcl. . IFRS S 16

Non-Banking Business Revenue 1.926.901 1.926.901 Banking Business Revenue 325.326 325.326 Total al Revenue ue 2.252 52.22 227 2.252 52.22 227 Non- Banking Cost of Goods Sold (1.323.019) (1.323.019) Banking Cost of Goods Sold (142.191) (142.191) Gross ss Prof

• fit

it 787.0 .017 7 787.0 .017 7 S,G&A (616.397) (7.087) (623.484) Operating Income 170.620 (7.087) 163.533 Depreciation and Amortizations 108.622 (27.365) 81.257 EBIT ITDA 279.2 .242 42 (34.4 .452 52) 244. 4.79 790 Net Financial Income / (Costs) (49.829) 8.740 (41.089) Exchange Rate Difference 511 (2.286) (1775)

investor

• rs.fala

labell lla.com inversionis istas@Fala labell lla.cl

An Andrea Gon Gonzále lez, , Head IR Con Constanza Sa Saver, IR Analyst Pabl ablo Muñoz, , IR Analyst