panhia Brasileira de Distribuicao(CBD) - 2023 Q2 - Earnings Call Presentation

Financial Performance - Gross Revenue reached R$ 5.1 billion, showing an increase of 14.7%[5] - Gross Revenue (excluding gas stations) totaled R$ 4.7 billion, an increase of 16.7%[15] - Same Store Sales (excluding gas stations) increased by 6.4%, highlighting Pão de Açúcar banner which grew 8.6%, an improvement by the 5th consecutive quarter[15] - Adjusted EBITDA totaled R$ 299 million, with a 6.3% margin, 0.3 p.p above 1Q23[15] - GMV of Digital was R$ 453 million in 2Q23, with growth of 9.8%[19] - Total sales of New GPA Brazil totaled R$ 5.1 billion in 2Q23 with an increase of 14.7% or 16.7% excluding gas stations[38] - Net Debt reduced by R$ 1.5 billion vs 2Q22[54] Strategic Initiatives & Expansion - Total GPA is growing 0.8 p.p vs Brazil Self-Service market[17] - 101 new stores since 2022 with R$ 1.7 Billion in incremental sales, being R$ 509 Million in 2Q23, with a contribution of 10 p.p in sales increase[22] - Women in leadership position reached 40%, accomplishing the target established for 2025[23] Profitability - Gross Profit reached R$ 1.2 billion with 24.8% margin, 0.4 p.p higher than 1Q23[15]