In 2016, Grupo Sura posted a consolidated positive performance, with special emphasis on the operating results of the insurance and “asset management” businesses, as well as a better return on investment and a lower tax rate. It should be noted that Suramericana de Seguros, its subsidiary specializing in insurance and trend and risk management, closed the acquisition of RSA Group’s insurance assets for 614 million dollars, consolidating the company as one of the leading insurers of the region. At the end of the year, Grupo Sura’s strategic investments reached a presence in 11 countries of Latin America, where more than 59 thousand employees serve 44 million customers.
Grupo Sura’s consolidated revenue amounted to 19 trillion pesos, growing 36.2% from 2015, and consequently consolidated net profit reached 1.7 trillion pesos, with a growth of 26% from 2015.
In 2016, Grupo Sura was included for the sixth consecutive year as part of the Dow Jones Global Sustainability Index,
being the only Latin American company in the Miscellaneous Financial Services and Capital Markets sector industry to be able to enter. Likewise Grupo Sura was announced for the first time in the FTSE4Good Emerging Markets index.
Grupo Nutresa also had a positive sales dynamic in 2016, both nationally and internationally. At a consolidated level, it closed the year with 8.7 trillion pesos in sales, with a growth of 9.2% over 2015. Gross profit rose to 3.7 trillion pesos, growing 7.9% from 2015 and the operational margin was 9.4%. Regarding profitability, the EBITDA margin stood at 11.9% of sales, which amounted to 1.03 trillion pesos.
Consequently, the consolidated net income was 396 billion pesos.
We highlight the retail business expansion, with the construction of an offer of differentiated value to customers, buyers and consumers, and the development of distribution networks, that allowed the company to bring products to more than 519 thousand points of sale in Colombia with well-known and appreciated brands.
In 2016, Grupo Nutresa was included in the Dow Jones Global Sustainability Index and received the Silver Category distinction of RobecoSAM in its 2017 Sustainability Yearbook. Grupo Nutresa is consolidated as the second best company in the worldwide food industry for its sustainability management.