Chocolates

Food Business Units

Grupo Nutresa is an integrated and diversified group of food companies that operates mainly in Colombia and Latin America through eight business units: Cold Cuts, Cookies, Chocolates, Coffee, Tresmontes Lucchetti (TMLUC), Retail Food, Ice Cream, Pasta and others.

The Chocolates Business produces and sells chocolate confectionary, chocolate drinks, milk modifiers, cereal bars and nuts.

It is the leader in Colombia in the category of chocolate confectionary, hot chocolate, milk modifiers and nuts. It holds significant market shares in Costa Rica and Peru in the segments of milk modifiers and chocolate confectionary.

Direct presence in eleven countries.

Production Facilities

Colombia

2 facilities

Mexico

1 facility

Costa Rica

1 facility

Peru

1 facility

Financial Results ​

(Consolidated figures, millions of COP)

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Year 2017 2018 2019 2020 2021 2022
Total sales (COP billion) 1,464 1,553 1,677 1,737 1,965 2.509
EBITDA (COP billion) 206 250 232 232 263 329
EBITDA margin 14.1% 16.1% 13.8% 13.4% 13.4% 13,1%
Sales in Colombia 919 955 1,011 1,048 1,156 1.431
International sales (USD million) 184 201 202 187 215 250
Year 2017 2018 2019 2020 2021 2022
Total sales (COP billion) 1,464 1,553 1,677 1,737 1,965 2.509
EBITDA (COP billion) 206 250 232 232 263 329
EBITDA margin 14.1% 16.1% 13.8% 13.4% 13.4% 13,1%
Sales in Colombia 919 955 1,011 1,048 1,156 1.431
International sales (USD million) 184 201 202 187 215 250
* Compound Annual Growth Rate

2022 business highlights

Represents
14.7%

The Chocolates Business represents 14.7% of Grupo Nutresa’s total sales

Represents
16.7%

The Chocolates Business represents 16.7% of Grupo Nutresa’s total EBITDA

Represents
57.0%

Sales in Colombia represents 57.0% of all the Business Unit’s sales.

Represents
43.0%

International sales represent 43.0% of all the Business Unit’s sales.

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