Corbion Nv · EURONEXT:CRBN

Corbion Nv — Investor Day (March 2020)

56 slides from Corbion Nv's investor day presentation, Mar 9, 2020

  1. Slide 1: Capital Markets Day 2020

    CAPITAL MARKETS DAY 2020 9/3/20

  2. Slide 2: Agenda

    Agenda 10.00-11.00 Strategy, Sustainability & Innovation Olivier Rigaud CEO 11.00-11.30 Break 11.30-12.00 Financials Eddy van Rhede van der Kloot CFO 12.00-13.00 Q&A 13.00-14.00 Lunch Corbion

  3. Slide 3: Disclaimer

    Disclaimer This presentation contains ‘forward-looking statements’, based on currently available plans and forecasts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future, and Cor

  4. Slide 4: Corbion: Preserve what matters

    Corbion Preserve what matters 9/3/20

  5. Slide 5: Our purpose

    Our purpose We champion preservation in all its forms Preserving food and food production, health, and the planet.

  6. Slide 6: Corbion champions preservation in all its forms

    Corbion champions preservation in all its forms Using science to propel nature’s ingenuity Preserving Preserving Preserving food and food health the planet production • Preserving food safety, shelf-life, • Preserving the safety of our people • Preserving natural resources with texture, and nutritio

  7. Slide 7: Sustainability is embedded in our way of doing business

    Sustainability is embedded in our way of doing business 7 © 9/3/20

  8. Slide 8: One Corbion

    Corbion journey One Corbion • • • • 8 © 9/3/20

  9. Slide 9: Higher margins. However, inconsistent growth

    Corbion journey Higher margins. However, inconsistent growth, 9 © 9/3/20

  10. Slide 10: Our strengths

    Corbion journey Our strengths • • • • • • • 10 © 9/3/20

  11. Slide 11: Focus, Align, and Balance

    Advance 2025 Focus, Align, and Balance • • • 11 © 9/3/20

  12. Slide 12: Aligning the core into segments

    Advance 2025 Aligning the core into 3 segments • • • • • • 12 © 9/3/20

  13. Slide 13: Sustainable Food Solutions

    Sustainable Food Solutions

  14. Slide 14: Corbion fully aligned with key food trends

    Corbion fully aligned with key food trends Consumer expectations around Clean label is no longer a trend, it is a rule. sustainability are higher than ever, pushing The industry is building on this consumer companies to prioritize eco-efficiency and need and traditional clean label claims are making

  15. Slide 15: Food waste is a huge issue

    Food waste is a huge issue 15 © 9/3/20

  16. Slide 16: Clean label has hit the mainstream

    Clean label has hit the mainstream 16 © 9/3/20

  17. Slide 17: Increasing complexity driving change from single ingredients to solutions

    Increasing complexity driving change from single ingredients to solutions 17 © 9/3/20

  18. Slide 18: Sustainable Food Solutions: key themes

    Sustainable Food Solutions: 2 key themes Preservation Functional Systems Single ingredients 18 © 9/3/20

  19. Slide 19: Natural preservation is growing 2x market rate

    Preservation Natural preservation is growing 2x market rate • • • • • 19 © 9/3/20

  20. Slide 20: How Corbion claims this space

    Preservation How Corbion claims this space 20 © 9/3/20

  21. Slide 21: Expanding leadership position

    Preservation Expanding leadership position • • • • • • • • • • 21 © 9/3/20

  22. Slide 22: Natural ferments based on vegetables & fruits

    Preservation Natural ferments based on vegetables & fruits 22 © 9/3/20

  23. Slide 23: High-value blending solutions

    Functional Systems High-value blending solutions 23 © 9/3/20

  24. Slide 24: How Corbion claims this space

    Functional Systems How Corbion claims this space 24 © 9/3/20

  25. Slide 25: Targeting selective combinations

    Functional Systems Targeting selective combinations 25 © 9/3/20

  26. Slide 26: Expanding our reach

    Functional Systems Expanding our reach • • • • • • • 26 © 9/3/20

  27. Slide 27: Natural mold inhibition

    Functional Systems Natural mold inhibition • • • • • 27 © 9/3/20

  28. Slide 28: Lactic Acid & Specialties

    Lactic Acid & Specialties 28 9/3/20

  29. Slide 29: Lactic Acid & Specialties

    Lactic Acid & Specialties • Lactic acid • Lactate esters • Lactates Biopolymers • Other • • • • 29 © 9/3/20

  30. Slide 30: Biopolymers

    Lactic Acid & Specialties Biopolymers • • • • • • • • • • 30 © 9/3/20

  31. Slide 31: Total Corbion PLA joint venture

    Lactic Acid & Specialties Total Corbion PLA joint venture • • • • • • • Photo © Total Corbion PLA 31 © 9/3/20

  32. Slide 32: Total Corbion PLA joint venture

    Lactic Acid & Specialties Total Corbion PLA joint venture 32 © 9/3/20

  33. Slide 33: Investments in lactic acid capacity

    Lactic Acid & Specialties Investments in lactic acid capacity • • • • • • 33 © 9/3/20

  34. Slide 34: Incubator

    Incubator

  35. Slide 35: 3 Major initiatives

    Incubator 3 Major initiatives 35 © 9/3/20

  36. Slide 36: Omega-3 (DHA): enabling sustainable aquaculture

    Incubator Omega-3 (DHA): enabling sustainable aquaculture • • • • • • • 36 © 9/3/20

  37. Slide 37: Algae-based protein

    Incubator Algae-based protein • • • • é • • 37 © 9/3/20

  38. Slide 38: Co-polymer platform

    Incubator Co-polymer platform • • • • • • • 38 © 9/3/20

  39. Slide 39: Sentiall – self-healing concrete

    Incubator Sentiall – self-healing concrete • • • 39 © 9/3/20

  40. Slide 40: Sentiall – self-healing concrete

    Incubator Sentiall – self-healing concrete 40 © 9/3/20

  41. Slide 41: Innovation

    Innovation ©

  42. Slide 42: 6 major initiatives in R&D

    Innovation 6 major initiatives in R&D • • 42 © 9/3/20

  43. Slide 43: Targets 2025: Measuring our success

    Targets 2025: Measuring our success 43 © 9/3/20

  44. Slide 44: Break

    Break ©

  45. Slide 45: Financials

    Financials ©

  46. Slide 46: Creating Sustainable Growth – Financial target review

    Creating Sustainable Growth – Financial target review Targets have all been met, except for organic sales growth 46 © 9/3/20

  47. Slide 47: New reporting structure

    New reporting structure 47 © 9/3/20

  48. Slide 48: Key Value Drivers

    Key Value Drivers • • • • • • • • • 48 © 9/3/20

  49. Slide 49: Capital Expenditures

    Capital Expenditures 140 100 60 20 -20 2014 2016 2018 2020 2022 2024 Recurring capex New lactic acid plant JV investments & acquisitions FCF • • • 49 © 9/3/20

  50. Slide 50: Net debt ratio will reflect further investments in growth

    Net debt ratio will reflect further investments in growth • • • • 50 © 9/3/20

  51. Slide 51: Dividend

    Dividend • • • • • • • • 51 © 9/3/20

  52. Slide 52: Financial guidance

    Financial guidance 52 © 9/3/20

  53. Slide 53: Targets 2025: Measuring our success

    Targets 2025: Measuring our success 53 © 9/3/20

  54. Slide 54: tee

    ae tee : To be a true leadee: I -in the circular. economy, we need to lead by example and do our part to. achieve the Paris Agreement. “ier Z Olivier Rigaud;CEO: \\ SCIENCE BASED \W/ TARGETS a S CORPORATE CLIMATE ACTION Corbion commits to reduce CO, emissions related to energy, key raw materials and

  55. Slide 55: Corbion: Keep creating

    Corbion Keep creating

  56. Slide 56: Restated Financial Statements

    Restated Financial Statements 56 © 9/3/20

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