DOCSLIB.ORG

50 Sigma Volunteers Sustainability Challenge

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
50 Sigma Volunteers Sustainability Challenge About Sigma We work every day to fulfill our purpose: TABLE OF CONTENTS To bring communities everywhere favorite foods to love. Our Culture Our Principles Sigma is a global leader in the food industry, Delight our consumers 03 05 09 with a diverse portfolio of value-added, We improve our consumers’ daily lives by Message from the CEO Company Profile Focus on Sustainability prestigious brands that occupy leadership creating and serving favorite foods they love. positions in several market categories and segments. Innovate together We explore and learn to generate new We are focused on innovation and the agile opportunities for value creation. development of new products to meet growing consumer demands in each of our markets. We Deliver with integrity continually invest in analyses to understand We deliver results with ethics and outstanding 15 31 consumer preferences and strengthen our execution. Health & Nutrition Shared Value offering. Lead to inspire We have a track record of successful mergers We lead by example, inspiring and motivating and acquisitions, which have been vital in others to maximize their potential. executing significant synergies. Our global presence allows us to share best practices in Foster wellbeing our operations and optimize our productivity We promote quality of life by taking care of our 43 53 69 levels and distribution platforms. people and communities. Wellbeing Environment Ethics and Corporate Governance We are Sigma Sigma Alimentos, S.A. de C.V., is part of Grupo ALFA. Since 1980, we have been incorporating the best of every company that becomes part of Sigma 74 75 to deliver to our consumers their favorite food products. Working as one About this Report GRI Content Index company and one team with a common culture, we now have more than 45,000 employees in 18 countries and sell more than 1.8 million tons of food annually. 2 Interactive MESSAGE FROM THE CEO Menu Nutrition, Shared Value, Wellbeing, and efforts to eradicate hunger through our food In Belgium, our Aoste brand launched Environment. This event also offered an ideal donations programs. In October 2019, as part packaging that substitutes 60% of plastic platform for dialogue among all employees of World Food Day, we carried out our first- with sustainable cardboard. In Spain, we are and an opportunity to share ideas on future ever Sigma international volunteer day, which the first company in the food sector to receive initiatives to achieve our goals. saw more than 600 employees in 10 countries the ECOSENSE certificate for using recycled engaged in collecting and delivering food to PET to produce pizza trays. We avoided To advance the Health & Nutrition numerous associations. Since 2015 we have using over 4,700 tons of virgin plastic in pillar, we presented the new Sigma donated a cumulative total of more than 90 2019 by including recyclable materials in our Innovation Model, designed to bring million food portions through associations packaging while ensuring the safety of our together under a common language the and food banks. products. Additionally, in our commitment to know-how and expertise we have developed further our care for the environment beyond in every geography, enabling us to inspire At Sigma, we are a global and diverse our operations, in Mexico, we joined ECOCE, the ingenuity of our employees. To respond team. As the Wellbeing of our employees a non-profit association established by the effectively to market trends and enhance our is key to our company’s success, we foster consumer products industry that promotes growth and sustainable product portfolio, continuous learning to promote personal the adequate coprocessing of bottle and this year alone we launched more than 100 growth while also preparing our employees to packaging waste. products in the Health & Nutrition category. implement our business strategy successfully. Furthermore, we organized the first edition In 2019, we provided 890,000 training hours I wish to thank all our employees for their In 2019, we established new sustainability of Tastech by Sigma, our global program globally. We also emphasize the importance dedication and effort. Our achievements are ambitions for our company. We launched that aims to find innovative and disruptive of keeping a healthy and sustainable a testament to our company values. We are our 2025 Sustainability Goals, which resulted startups and scaleups worldwide working on lifestyle that helps enhance the quality of fully aware that, to achieve our goals, we from a collaborative process from all of our new food technologies, food products of the life. In 2019, we improved our occupational need to partner with all our stakeholders. geographies and the alignment of our initiatives future, and disruptive business models for safety performance indicators in 80% of the Only then will we continue building a Sigma with the UN Sustainable Development Goals our industry. countries where we operate and registered a that creates sustainable long-term value. framework. Through our goals, we commit to 14% annual reduction in our accident rate. continue working to create greater value for At Sigma, we foster Shared Value I invite you all to read our 2019 Sustainability the communities where we operate, optimize across our value chain. Throughout the To promote sustainable growth Report and to share with us your comments the use of resources, improve the quality of year, we worked with our suppliers to build for our business, we continually monitor and feedback as to how we can continue life of our employees, and promote healthy partnerships that promote our mutual Environmental performance at our operations together building a better world. lifestyles. sustainable development. Based on our and generate new eco-efficiency projects. Supplier Development Program, we have From our 2015 baseline, we have achieved Sincerely, During our second Global Sustainability encouraged and supported more than 85% a 12% reduction in our CO2 emissions per of our suppliers in Mexico to participate in ton produced. Furthermore, over the year, Forum, we shared the results, progress, and Rodrigo Fernández Martínez challenges of the four action pillars included the Global Food Safety Initiative (GFSI). In we worked hard to develop new packaging CEO Sigma in our Sustainability Strategy: Health & our communities, we have embraced global solutions that strengthen a circular economy. 3 Interactive Menu +7,900 Vehicles COMPANY +100 Countries reached by our products PROFILE 11 Brands with net 18 Countries with Sigma sales > US$100 operations million Product categories: Cooked meats, dry meats, dairy products, among others Clients Modern: Supermarkets and convenience stores. Traditional: Retailers (mom & pop stores, corner shops, and 2 Research centers mid-wholesalers) and specialty markets (wholesalers, retailers, and distributors). 70 Manufacturing facilities Foodservice Channel: Hotels, restaurants, movie theaters, and industrial cafeterias. 210 Distribution centers +45,000 Employees 1.8 million tons of food +60 Nationalities sold $ +640,000 Points of sale US$6.5 billion in net sales 6 in CAM Entered the pizza OUR HISTORY market 20 Interactive 2005 06 Menu 04 2007 20 Seminole 2 Oklahoma 3 00 00 8 2 Started 2 exporting 00 to USA 02 9 0 2 ´13 -’19 sales 2 CARG 9% 0 9 1 9 0 9 1 2 Started expoting 0 to Gutatemala 8 Europe 1 9 2 9 35% Operations in 18 countries: 1 2 Mexico, United 0 States, Spain, France, 7 1 foodservice Italy, Belgium, the 9 3 9 United States Netherlands, Portugal, 1 16% 2 Germany, Romania, Costa Rica, Guatemala, 0 Nicaragua, Honduras, 3 1 4 9 Mexico Peru, El Salvador, 9 1 Ecuador, and the 42% 2 Dominican Republic. 0 1 2 5 9 9 1 2 LATAM Mergers and acquisitions 0 US$703 million 1 9 6 8 7% Commercial agreements EBITDA Products in RJ Divested in 9 Mexico 1 slaughterhouse Organic growth 2 0 1 5 7 8 9 1 2 0 0 1 8 9 9 1 Aquired distribution in Mexico 7 8 Interactive Chief Technology Menu Officer SUSTAINABILITY Central Sustainability FOCUS Department Global Commitment Champion Sigma Sustainability Community Created in 2018, the Sigma Sustainability The Sigma Sustainability Community is Organizational Community includes a multidisciplinary team responsible for managing the 2025 Goals. Unit Commitment of more than 160 experts and employees from A team of Global Champions, a group of Leaders our Headquarters and all our Organizational highly experienced executives, oversees Units. implementing the Sustainability Strategy and achieving our 2025 Goals. Each Champion It is led by our Chief Technology Officer, who works with leaders in our Organizational Unit is a member of Sigma’s Executive Committee. who are responsible for deploying initiatives His role is to encourage a sustainability culture locally with their teams, so everyone across the company and to support initiatives contributes to achieving our goals. On-Site Teams that help us achieve our goals. By employing internal management systems The Central Sustainability Department is and holding regular meetings, the Sigma responsible for defining the Sustainability Sustainability Community monitors and Strategy, as well as the guidelines for its assesses the company’s progress to identify implementation. It is also in charge of and replicate success stories and best Everyone’s participation matters monitoring and communicating Sigma’s practices across the company. The work environmental, social, and economic of the Community is guided by the Global performance to our stakeholders. Sustainability Policy, which establishes the In 2019 we carried out our second Global Sustainability Forum, were employees from all our criteria for sustainable long-term growth geographies participated to learn how they can contribute to achieving Sigma’s sustainability across our operations. goals. Also, we launched the second Sustainability Challenge to create awareness among our employees and their families, enhance our culture of sustainability, and proactively adopt the UN Sustainable Development Goals at all our Organizational Units.
Load more

Recommended publications
  • 1 SIGMA ALIMENTOS, S.A. DE C.V. Av. Gómez Morín No. 1111 Sur, Col
    SIGMA ALIMENTOS, S.A. DE C.V. Av. Gómez Morín no. 1111 Sur, Col. Carrizalejo, 66254 San Pedro Garza García, N.L., México Certificado Bursátil Denominación de la Emisora: Sigma Alimentos, S.A. de C.V. Claves de pizarra: “SIGMA 08” “SIGMA 08-U” REPORTE ANUAL QUE SE PRESENTA DE ACUERDO CON LAS DISPOSICIONES DE CARÁCTER GENERAL APLICABLES A LAS EMISORAS DE VALORES Y A OTROS PARTICIPANTES DEL MERCADO. AÑO TERMINADO AL 31 DE DICIEMBRE DE 2016 Los valores de esta empresa se encuentran inscritos en el Registro Nacional de Valores. “La inscripción en el Registro Nacional de Valores no implica certificación sobre la bondad del valor, solvencia de la Emisora o sobre la exactitud o veracidad de la información contenida en este Reporte Anual ni convalida los actos que, en su caso, hubieran sido realizados en contravención a las leyes” Abril de 2017 1 CARACTERÍSTICAS DE LOS TÍTULOS: Denominación de la Emisora: SIGMA ALIMENTOS, S.A. DE C.V. Número de Emisión: Tercera. Clave de Pizarra: "SIGMA 08". Tipo de Valor: Certificados Bursátiles. Monto Autorizado del programa con Carácter Revolvente: $5,000,000,000.00 (cinco mil millones de Pesos 00/100 M.N.) o su equivalente en Unidades de Inversión. Vigencia del programa: 48 (cuarenta y ocho) meses, equivalentes a 4 (cuatro) años, a partir de la fecha de autorización emitida por la CNBV. Monto de la Emisión: $1,000,000,000.00 (un mil millones de Pesos 00/100 M.N.). Valor Nominal de los Certificados Bursátiles: $100.00 (cien Pesos 00/100 M.N.) cada uno.
    [Show full text]
  • Sigma-Corporate-Presentation-2Q21-2.Pdf
    Contents Sigma at Glance Into the Future Financial Results Sigma as part of ALFA Petrochemicals #1 in the production of PTA, PET and EPS in the Americas 46% of Alfa Revenues ¹ 37% of Alfa EBITDA ¹ IT + Telecom Food Products 11 Sigma brands sell more than US $100 Million a year each 8 out of 10 Mexican Corporates use Axtel’s IT and Telecom services (1) LTM in USD; ALFA and Subs with Nemak as Discontinued Operations. Controladora Nemak Shares were distributed to ALFA shareholders and began trading on the Mexican Bolsa on December 14, 2020 Investment Highlights • Global food company with operations in 18 countries and products sold in ~100 • Diverse portfolio of leading brands across categories and consumer segments • Consumer-driven innovation supported by proprietary R&D platform • Extensive supply chain and distribution network with access to 645K+ points of sales • Balanced Culture: results driven and human-centered • Global Growth Business Unit with attractive upside opportunity • Experienced management team with average tenure of 22 years Multinational Presence, Local Favorites 18 100+ 645K+ 1.7Mn. 6.5Bn. Countries Brands Points of Sale Tons of Food / Year Net Sales LTM 2Q21 bringing communities everywhere favorite foods to love. USAUSA 15%17% Europe Mexico 37% 39% Cooked Meats Dairy 57% of Net Sales 19% of Net Sales Revenues LTM 2Q21 US $6.5 bn. EBITDA LTM 2Q21 LatAm US $720 mn. 7% Dry Meats Other Categories Revenues LTM distribution by region 17% of Net Sales 7% of Net Sales Leading brands across markets, categories and consumer segments 100+ Brands 11 Brands with Net Sales over US $100 mn.
    [Show full text]
  • CORPORATE PRESENTATION 4Q20 Financial Results CORPORATE PRESENTATION Financial Results US $ Millions Net Sales EBITDA
    CorporateCORPORATE Presentation PRESENTATION 4Q20 Sigma as part of ALFA 1 Petrochemicals Food Products IT + Telecom Aluminum Autoparts 11 Sigma brands sell more 8 out of 10 Mexican 1 out every 4 new cars sold #1 in the production of PTA, than US $100 Million a year Corporates use Axtel’s IT in the world contains at least PET and EPS in the Americas each and Telecom services one Nemak product 51% of Total Revenues ¹ 41% Total EBITDA ¹ (1) LTM in USD; ALFA and Subs with Nemak as Discontinued Operations CORPORATE PRESENTATION Investment Highlights • Global food company with leading positions across markets. • Diverse portfolio of leading brands across categories and consumer segments. • Consumer driven innovation supported by proprietary R&D platform. • Extensive supply chain and distribution network with scalable operations and go-to-market capabilities. • Track record of profitable growth with significant upside opportunities. • Disciplined M&A strategy with proven integration capabilities. • Experienced management team CORPORATE PRESENTATION A leading global company USAUSA 15%18% Net Sales LTM 4Q20 Europe US $6.3 bn. México 37% 38% EBITDA LTM 4T20 US $684 mn. Operation in 18 countries LatAm 7% Sales distribution by region LTM 4Q20 CORPORATE PRESENTATION We bring communities everywhere favorite foods to love 70 Manufacturing Facilities Cooked Meats Dairy 60% of Net Sales 19% of Net Sales 210 Distribution Centers +645,000 Points of Sale +43,000 Employees Dry Meats Other Categories 16% of Net Sales 5% of Net Sales CORPORATE PRESENTATION A
    [Show full text]
  • 2016 Annual Report Worldreginfo - 9Bb3cd03-2480-4Baf-Aad8-78A842c51ba2 ALFA Is a Company That Manages a Portfolio of Diversified Subsidiaries
    2016 Annual Report WorldReginfo - 9bb3cd03-2480-4baf-aad8-78a842c51ba2 ALFA is a company that manages a portfolio of diversified subsidiaries: • Sigma, a leading multinational refrigerated food company, focused on the production, marketing and distribution of quality foods through well recognized brands in Mexico, Europe, United States and Latin America. • Alpek, one of the world’s largest producers of polyester (PTA, PET and fibers), which also leads the Mexican market in polypropylene, expandable polystyrene (EPS) and caprolactam. • Nemak, a leading provider of innovative lightweighting solutions for the global automotive industry, specializing in the development and manufacturing of aluminum components for powertrain and body structure applications. • Axtel, a provider of information technologies and communication services for the enterprise, government and mass markets in Mexico. • Newpek, active in the U.S. and Mexican hydrocarbons industry. In 2016, ALFA reported revenues of Ps. 293,782 million (U.S. $15.8 billion), and EBITDA(1) of Ps. 43,254 million (U.S. $2.3 billion). ALFA’s shares are quoted on the Mexican Stock Exchange and on Latibex, the market for Latin American shares on the Madrid Stock Exchange. Contents 2 Business Groups 4 Letter to Shareholders 7 Financial Highlights 8 Sigma 10 Alpek 12 Nemak 1) EBITDA = operating income + depreciation and amortization + non-recurring items. 14 Axtel 16 Newpek NOTE: In this annual report, monetary figures are ex- pressed in nominal Mexican pesos (Ps.), and in nominal 18 Board of Directors dollars (U.S. $) unless otherwise specified. Conversions 19 Management Team from pesos to dollars were made using the average rate of the month in which the revenues or disbursements 20 Corporate Governance were made.
    [Show full text]
  • Fourth Quarter 2018 Report
    Sigma Alimentos S.A. de C.V. – 4Q18 Quarterly Report 1 FOURTH QUARTER 2018 REPORT Sigma is a leading multinational food company that produces, markets and distributes quality branded foods, including packaged meats, cheese, yogurt and other refrigerated and frozen foods. Sigma has a diversified portfolio of leading brands and operates 70 plants in 18 countries across its four key regions: Mexico, Europe, the United States, and Latin America. Key figures (US $ million) Ch % Ch % YTD. vs. vs. Chg. 4Q18 3Q18 4Q17 3Q18 4Q17 YTD.’18 YTD.’17 % Total 1,596 1,601 1,593 - - 6,336 6,054 5 Revenues Total EBITDA 174 180 195 (3) (11) 684 676 1 Capex 73 41 71 75 3 180 188 (4) Net Debt/ 2.7 2.7 2.9 2.7 2.9 EBITDA Revenues amounted to US $1,596 million, similar to 4Q17. On a currency neutral basis, revenues were up 4%. Mexico sales increased 8% in pesos, European sales in euros increased 2% and U.S. and Latin American sales were 1% lower than 4Q17, in each region. Accumulated 2018 revenues totaled US $6,336 million, a 5% increase over 2017. Sigma reported 4Q18 EBITDA of US $174 million, 11% lower year-on-year. Excluding Europe´s extraordinary items related to the acquisition of Caroli in 4Q17, EBITDA decreased 5%, impacted mainly by US operations. Accumulated 2018 EBITDA totaled US $684 million, up 1% from 2017. Excluding Europe´s extraordinary items, accumulated EBITDA increased 4%. During 4Q18, capital expenditures totaled US $73 million. Funds were used for expansion and maintenance projects across the company.
    [Show full text]
  • Consolidated Financial Statements As of and for the Years Ended December 31, 2019 and 2018, and Independent Auditors’ Report Dated January 31, 2020
    | Sigma Alimentos, S. A. de C. V. and Subsidiaries (Subsidiary of Alfa, S. A. B. de C. V.) Consolidated Financial Statements as of and for the Years Ended December 31, 2019 and 2018, and Independent Auditors’ Report Dated January 31, 2020 Sigma Alimentos, S. A. de C. V. and Subsidiaries (Subsidiary of Alfa, S. A. B. de C. V.) Independent Auditors’ Report and Consolidated Financial Statements as of and for the Years ended December 31, 2019 and 2018 Table of contents Page Independent Auditors’ Report 1 Consolidated Statements of Financial Position 4 Consolidated Statements of Income 5 Consolidated Statements of Comprehensive Income 6 Consolidated Statements of Changes in Stockholders’ Equity 7 Consolidated Statements of Cash Flows 8 Notes to Consolidated Financial Statements 9 Independent Auditors’ Report to the Board of Directors and Stockholders of Sigma Alimentos, S. A. de C. V. Opinion We have audited the consolidated financial statements of Sigma Alimentos, S. A. de C. V. and Subsidiaries (the “Company”), which comprise the consolidated statements of financial position as of December 31, 2019 and 2018, and the consolidated statements of income, consolidated statements of comprehensive income, consolidated statements of changes in equity and consolidated statements of cash flows for the years then ended, and notes to the consolidated financial statements, including a summary of the principal accounting policies. In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of Sigma Alimentos, S. A. de C. V. and Subsidiaries as of December 31, 2019 and 2018, and their consolidated financial performance and their cash flows for the years then ended, in accordance with International Financial Reporting Standards (“IFRS”), as issued by the International Accounting Standards Board.
    [Show full text]
  • Sigma Sustainability Report 2016.Pdf
    Sustainability Our We saved more than 270,000 cubic Achievements meters of water $11.9 We actively participate in in wellbeing 70 local and global US$mm associations + $15.0 in environment + $13.5 +42,000 in research and collaborators from more development than 60 nationalities $40.4 INVESTMENTS in sustainability products with improved nutritional 13,000 tons profiles +380 of CO e avoided plants 67 in Mexico 190 distribution centers 17 countries +882,000 kilos of food donated through food banks Health and Nutrition Wellbeing Environment Economy of our meat We launched the suppliers Institute of Nutrition in Europe, Sigma Alimentos with the 100% the U.S. and mission to develop and Mexico were communicate relevant audited and scientific knowledge on certified nutrition and eating habits + 31,000 collaborators and their 76 work families benefited from family sites development and recreational operating with wind power in 2017 programs 15% 1.7mm tons less plastic in our of food distributed drinkable yoghurt bottles +580,000 points of sale +55.4 million tons of sugar +330,000 people benefited +285,000 through 318 kgs of sodium institutions REDUCTION Zero Waste Program food specialists working implemented in 3 Europe on innovation and plants (phase 1) development +280 Certifications and recognitions that endorse our work Corporate Carrizalejo (81) 8748.9000 Av. Gomez Morin #1111 @SigmaAlimentos Col. Carrizalejo, C.P. 66254 C118085 www.sigma-alimentos.com San Pedro Garza Garcia, Mexico [email protected] Discover our 2016 Global Sustainability Report Our Sustainable Path Institutional Profile Wellbeing (81) 8748.9000 02 06 18 @SigmaAlimentos 03 About this Report 10 Sustainability Focus 24 Environment 04 Message from the CEO 12 Health and Nutrition 30 Economy [email protected] Our Sustainable Path Several years ago, we developed Sigma’s sustainability strategy, which was focused specifically on the Cooked Meats and Dairy businesses in Mexico.
    [Show full text]
  • 1 SIGMA ALIMENTOS, S.A. DE C.V. Av. Gómez Morín No. 1111 San Pedro Garza García, N.L. Certificado Bursátil Denominación
    SIGMA ALIMENTOS, S.A. DE C.V. Av. Gómez Morín no. 1111 San Pedro Garza García, N.L. Certificado Bursátil Denominación del Emisor: Sigma Alimentos, S.A. de C.V. Claves de pizarra: “SIGMA 07” “SIGMA 07-2” “SIGMA 08” “SIGMA 08-U” REPORTE ANUAL QUE SE PRESENTA DE ACUERDO CON LAS DISPOSICIONES DE CARÁCTER GENERAL APLICABLES A LAS EMISORAS DE VALORES Y A OTROS PARTICIPANTES DEL MERCADO. AÑO TERMINADO AL 31 DE DICIEMBRE DE 2012. Los valores de esta empresa se encuentran inscritos en el Registro Nacional de Valores. “La inscripción en el Registro Nacional de Valores no implica certificación sobre la bondad del valor, la solvencia del emisor, o sobre la exactitud o veracidad de la información contenida en este Reporte Anual ni convalida los actos, que, en su caso, hubieran sido realizados en contravención de las leyes” Abril de 2013 1 CARACTERÍSTICAS DE LOS TÍTULOS: Denominación del Emisor: SIGMA ALIMENTOS, S.A. DE C.V. Número de Emisión: Primera. Clave de Pizarra: "SIGMA 07". Tipo de Valor: Certificados Bursátiles. Monto Autorizado del Programa: $5,000,000,000.00 (cinco mil millones de Pesos 00/100 M.N.) o su equivalente en Unidades de Inversión. Vigencia del Programa: 48 (cuarenta y ocho) meses, equivalentes a 4 (cuatro) años, a partir de la fecha de autorización emitida por la CNBV. Monto de la Emisión: $1,000,000,000.00 (un mil millones de Pesos 00/100 M.N.). Valor Nominal de los Certificados Bursátiles: $100.00 (cien Pesos 00/100 M.N.) cada uno. Precio de Colocación: $100.00 (cien Pesos 00/100 M.N.) cada uno.
    [Show full text]
  • Sigma Alimentos, S.A. De C.V
    OFFERING MEMORANDUM US$1,000,000,000 SIGMA ALIMENTOS, S.A. DE C.V. 4.125% Senior Notes due 2026 ______________________________ We are offering US$1,000,000,000 aggregate principal amount of our 4.125% Senior Notes due 2026 (the “notes”). We will pay interest on the notes semi-annually in arrears on May 2 and November 2 of each year, beginning on November 2, 2016. The notes will mature on May 2, 2026. We may redeem the notes at our option, in whole or in part, at any time and from time to time, prior to February 2, 2026 (three months prior to the scheduled maturity of the notes), at a redemption price equal to the greater of 100% of the outstanding principal amount of the notes to be redeemed and the applicable “make-whole” amount, plus in each case accrued and unpaid interest to the redemption date. In addition, we may redeem the notes at our option, in whole or in part, at any time and from time to time, beginning on February 2, 2026 (three months prior to the scheduled maturity of the notes), at a redemption price equal to 100% of the outstanding principal amount of the notes to be redeemed, plus accrued and unpaid interest to the redemption date. In the event of certain changes in tax laws applicable to payments under the notes, we may redeem all, but not part, of the notes. Upon the occurrence of a change of control triggering event, we will be required to offer to repurchase the notes at 101% of the principal amount thereof, plus accrued and unpaid interest, if any.
    [Show full text]
  • Sigma Alimentos, S. A. De C. V. and Subsidiaries (Subsidiary of Alfa, S
    | Sigma Alimentos, S. A. de C. V. and Subsidiaries (Subsidiary of Alfa, S. A. B. de C. V.) Consolidated Financial Statements as of and for the Years Ended December 31, 2020 and 2019, and Independent Auditors’ Report Dated January 31, 2021 Sigma Alimentos, S. A. de C. V. and Subsidiaries (Subsidiary of Alfa, S. A. B. de C. V.) Independent Auditors’ Report and Consolidated Financial Statements as of and for the Years Ended December 31, 2020 and 2019 Table of contents Page Independent Auditors’ Report 1 Consolidated Statements of Financial Position 3 Consolidated Statements of Income 4 Consolidated Statements of Comprehensive Income 5 Consolidated Statements of Changes in Stockholders’ Equity 6 Consolidated Statements of Cash Flows 7 Notes to Consolidated Financial Statements 8 Independent Auditors’ Report to the Board of Directors and Stockholders of Sigma Alimentos, S. A. de C. V. and Subsidiaries Opinion We have audited the consolidated financial statements of Sigma Alimentos, S. A. de C. V. and Subsidiaries (the “Company”), which comprise the consolidated statements of financial position as of December 31, 2020 and 2019, and the consolidated statements of income, consolidated statements of comprehensive income, consolidated statements of changes in equity and consolidated statements of cash flows for the years then ended, and notes to the consolidated financial statements, including a summary of the principal accounting policies. In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of Sigma Alimentos, S. A. de C. V. and Subsidiaries as of December 31, 2020 and 2019, and their consolidated financial performance and their cash flows for the years then ended, in accordance with International Financial Reporting Standards (“IFRS”), as issued by the International Accounting Standards Board.
    [Show full text]
  • Third Quarter 2019 Report
    SIGMA | 3Q19 Quarterly Report 1 THIRD QUARTER 2019 REPORT Sigma is a leading multinational food company that produces, markets and distributes quality branded foods, including packaged meats, cheese, yogurt and other refrigerated and frozen foods. Sigma has a diversified portfolio of leading brands and operates 69 plants in 18 countries across its four key regions: Mexico, Europe, the United States, and Latin America. SELECTED FINANCIAL INFORMATION (US $ MILLIONS) (%) 3Q19 vs. 3Q19 2Q19 3Q18 2Q19 3Q18 YTD `19 YTD `18 Ch. % Revenues 1,632 1,609 1,601 1 2 4,758 4,740 - Mexico 678 678 668 - 1 2,009 1,951 3 Europe 573 550 568 4 1 1,632 1,686 (3) United States 261 262 248 (1) 5 762 752 1 LatAm 120 119 117 1 2 354 351 1 EBITDA 182 179 180 1 1 527 510 3 Mexico 99 103 97 (4) 2 293 270 9 Europe 37 23 45 57 (18) 88 120 (27) United States 35 41 27 (15) 27 112 92 22 LatAm 11 11 10 (3) 9 34 29 19 CAPEX & Acquisitions1 55 31 41 79 32 111 107 4 Net Debt 2,040 2,050 1,932 - 6 2,040 1,932 6 Net Debt / LTM EBITDA* 2.9 2.9 2.7 LTM Interest Coverage* 6.0 6.2 5.3 * Times. LTM = Last 12 months 1 Gross amount; does not include divestments Revenues amounted to US $1.632 billion, an increase of 2% when compared to 3Q18. On a currency neutral basis, revenues were up 5% year-on-year.
    [Show full text]
  • Financial Statements As of and for the Years Ended December 31, 2017 and 2016, and Independent Auditors’ Report Dated January 31, 2018
    Sigma Alimentos, S. A. de C. V. and Subsidiaries Consolidated Financial Statements as of and for the Years Ended December 31, 2017 and 2016, and Independent Auditors’ Report Dated January 31, 2018 Sigma Alimentos, S. A. de C. V. and Subsidiaries Independent Auditors’ Report and Consolidated Financial Statements as of and for the years ended December 31, 2017 and 2016 Table of contents Page Independent Auditors’ Report 1 Consolidated Statements of Financial Position 6 Consolidated Statements of Income 7 Consolidated Statements of Comprehensive Income 8 Consolidated Statements of Changes in Stockholders’ Equity 9 Consolidated Statements of Cash Flows 10 Notes to Consolidated Financial Statements 11 Independent Auditors’ Report to the Board of Directors and Stockholders of Sigma Alimentos, S. A. de C. V. Opinion We have audited the consolidated financial statements of Sigma Alimentos, S. A. de C. V. and Subsidiaries (the “Company”), which comprise the consolidated statement of financial position as of December 31, 2017, and the consolidated statement of income, consolidated statement of comprehensive income, consolidated statement of changes in equity and consolidated statement of cash flows for the year then ended, and notes to the consolidated financial statements, including a summary of significant accounting policies. In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Company as of December 31, 2017 and its consolidated financial performance and cash flows for the year then ended, in accordance with International Financial Reporting Standards (“IFRS”), as issued by the International Accounting Standards Board. Basis of the Opinion We conducted our audit in accordance with International Standards on Auditing (“ISA”).
    [Show full text]