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 Chocolate Business Unit produces and commercializes chocolate confectionery, chocolate drinks, milk modifiers, bars, nuts and cereals, as well as chocolate food ingredients.

It’s the leader in Colombia in the categories of chocolate confectionery, table chocolate, milk modifiers, and snacks. It has significant participations in Costa Rica and Peru in the segments of milk modifiers and chocolate confectionery.

It has direct presence in twelve countries.

Production Facilities

Colombia

2 Plants

Mexico

Plant facility

Costa Rica

1 Plant

Peru

1 Plant

Financial Results

(Consolidated figures, millions of COP)

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Year 2017 2018 2019 2020 2021 2022 2023
Sales 1,464 1,553 1,677 1,737 1,965 2.509 2.811
EBITDA 206 250 232 232 263 329 342
Margin 14.1% 16.1% 13.8% 13.4% 13.4% 13,1% 12,2%
Colombia Sales 919 955 1,011 1,048 1,156 1.431 1.581
International Sales (USD Million) 184 201 202 187 215 250 286
Year 2017 2018 2019 2020 2021 2022 2023
Sales 1,464 1,553 1,677 1,737 1,965 2.509 2.811
EBITDA 206 250 232 232 263 329 342
Margin 14.1% 16.1% 13.8% 13.4% 13.4% 13,1% 12,2%
Colombia Sales 919 955 1,011 1,048 1,156 1.431 1.581
International Sales (USD Million) 184 201 202 187 215 250 286
* 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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