Podravka D.d. · ZSE:PODR
Podravka D.d — Podravka Group — Erste Group Investor Conference 2010
28 slides from Podravka D.d's conference presentation, Oct 4, 2010
Slide 1: Podravka Group
October 2010 Podravka Group Erste Group Investor Conference 4 - 8 October 2010, Stegersbach Investor relations Podravka Group
Slide 2: Content
October 2010 Content Overview Sales Business results Share performance Guidelines for 2010 Investor relations Podravka Group
Slide 3: Disclaimer
October 2010 Disclaimer This presentation contains certain forward-looking statements with respect to the financial condition, results of operations and business of the Podravka Group. These forward-looking statements represent the Company's expectations or beliefs concerning future events and invol
Slide 4: Overview
October 2010 Overview Investor relations Podravka Group
Slide 5: Overview
October 2010 Overview One of the largest branded food companies in the region Production facilities - large brand portfolio - mostly in Croatia (food, beverages and drugs) - international Superbrands - Czech Republic, Poland (food), Bosnia&Herzegovina (drugs) - 6,746 employees Podravka in Croatia St
Slide 6: Strategic Business Areas (SBA)
October 2010 Strategic Business Areas (SBA) STRATEGIC BUSINESS AREA Food and beverages Pharmaceuticals BUSINESS PROGRAM Dishes&Food Meat&Meat Food Beverages RX OTC Pharmacies seasonings products •Alimentary tract & metabolism •Baby food •Blood & blood forming •OTC drugs •Universal •Canned meat Miner
Slide 7: Strategic Business Areas (SBA)
October 2010 Strategic Business Areas (SBA) SBA FOOD & BEVERAGES Investor relations Podravka Group 7
Slide 8: Focusing on Research and development
October 2010 Focusing on Research and development Podravka has established a highly expert Research and Development team that applies the latest methods used in the world. Podravka realized that modern technology and innovation are key factors for the future of the company. R&D is responsible fo
Slide 9: Research and development in SBA Food & Beverages
October 2010 Research and development in SBA Food & Beverages Defining of PRODUCT CREATION AND Creation of Creation of Akceptance of Creation of packaging Test Registration INTRODUCTON SELECTION OF recipe proposals for prototype declarations materials and production of products ON THE IDEAS proposal
Slide 10: Research and development in SBA Pharmaceuticals
October 2010 Research and development in SBA Pharmaceuticals COLLECTING Preformulation Testing of Preparation of Evaluation of INTORDUCTION Pharmaceutical Akceptance of Registration DRUG studies stability and registration dossier OF A development prototype resolution INFORMATION (preparation bioequi
Slide 11: Intensive development of the new products with high GM
October 2010 Intensive development of the new products with high GM • Vegeta marinades • Lino vanillino flakes • Fant seasoning mix • Vegeta Natur • Lino keksolino apple •Vegeta mild pepper mix • Lino pillows Investor relations Podravka Group 11
Slide 12: Intensive development of the new products with high GM
October 2010 Intensive development of the new products with high GM • Special food seasonings under the Vegeta brand on the market of Poland • 15 classic food seasoning Vegeta for... consists of the highest quality dehydrated herbs and vegetables •10 food seasonings Vegeta Natur for... contains only
Slide 13: Awards in 2009 and 2010
October 2010 Awards in 2009 and 2010 Trusted Brands Croatia 2009 Hit FMCG in 2009 - Poland Superior Taste Award 2009 Awarded by: Reader's Digest Awarded by: Życie handlowe Awarded by: International Taste & • Vegeta (polish merchants magazine) Quality Institute, Bruxelles • Lino • Vegeta took the fir
Slide 14: Investments
October 2010 Investments 2007 2008 2009 HRK 291.4 mn HRK 403.0 mn HRK 128.6 mn New plant for Lino children´s Warehousing and distributing Farmavita food and cereals (start of center in Dugopolje new plant for drugs in production) Bosnia & Herzegovina Acquisitions new production line Acquisitions
Slide 15: Sales
October 2010 Sales Investor relations Podravka Group
Slide 16: Sales of the Podravka Group
October 2010 Sales of the Podravka Group Sales on domestic and foreign markets CAGR* 2002 – June 2010 2002 – 2009 in millions of HRK 2,747 3,218 3,295 3,441 3,468 3,432 3,660 3,587 1,663 Total Group 3.9% Group-CG** 4.5% 1,713 1,587 1,494 1,718 1,612 1,470 1,526 1,226 Foreign markets 4.9% 871 Domesti
Slide 17: Sales structure per SBA
October 2010 Sales structure per SBA SALES PERFORMANCE Sales structure per SBA in 2009 (in millions of HRK) Podravka Group 2009 Group sales HRK 3,587.1 mn 752.7 Change (09/08) -2% 21% Food and beverages HRK 2,829.7 mn 2,829.7 Change (09/08) -3% 79% Pharmaceuticals HRK 752.7 mn Change (09/08) +3% Pod
Slide 18: Sales structure per markets
October 2010 Sales structure per markets Sales structure of Podravka Group per markets in 2009 Sales structure of Podravka Group per markets in 1H 2010 4% 5% 7% 9% 13% 15% 48% 52% 24% 23% Croatia South-East Europe (Albania, Bosnia and Herzegovina, Montenegro, Kosovo, Macedonia, Slovenia, Serbia) Cen
Slide 19: Sales breakdown Jan-Jun 2010
October 2010 Sales breakdown Jan-Jun 2010 Podravka dishes -8% 1H 2010 21% 20% Food seasonings +3% 21% 20% Baby food, sweets and +1% snack 1H 2009 Fish and fishery -6% 10% products 11% 19% 20% Meat products -2% 6% 6% 9% 10% Beverages -14% 4% 9% 4% 10% Other -6% Pharmaceuticals -6% Investor relations
Slide 20: Business results
October 2010 Business results Investor relations Podravka Group
Slide 21: Business results 1H 2010
October 2010 Business results 1H 2010 Podravka Group SBA Food & Beverages SBA Pharmaceuticals 1H 2010 1H 2009 10/09 1H 2010 1H 2009 10/09 1H 2010 1H 2009 10/09 Sales 1,662.7 1,737.6 -4% 1,315.8 1,368.5 -4% 346.9 369.2 -6% Gross profit 688.9 706.6 -3% 500.2 517.0 -3% 188.7 189.6 0% EBITDA 152.4 154.8
Slide 22: Business results 1H 2010 – corrected results
October 2010 Business results 1H 2010 – corrected results Podravka Group SBA Food & Beverages SBA Pharmaceuticals 1H 2010 1H 2009 10/09 1H2010 1H 2009 10/09 1H 2010 1H 2009 10/09 Sales 1,662.7 1,737.6 -4% 1,315.8 1,368.5 -4% 346.9 369.2 -6% Gross profit 688.9 706.6 -3% 500.2 517.0 -3% 188.7 189.6 0%
Slide 23: Share performance
October 2010 Share performance Investor relations Podravka Group
Slide 24: Share price and volume movement 2009 - August 2010
October 2010 Share price and volume movement 2009 - August 2010 HRK '000 pieces VOLUME WACP 550 80 500 70 450 60 400 50 350 342 347 40 336 327 322 300 306 296 30 287 289 270 272 278 255 288 250 244 247 20 238 221 200 193 10 186 150 - TICKERS / SYMBOLS RECOMMENDATIONS 2009 Jan-Aug 2010 ZAGREB STOCK E
Slide 25: Shareholders structure as of 24 September 2010
October 2010 Shareholders structure as of 24 September 2010 576,880 575,598 534,170 439,810 349,974 325,163 324,291 321,804 176,512 78,742 177,511 1,539,548 TOP 10 68.31% other legal and natural persons 31.69% Total 5,420,003 CPF (Croatian Privatization Fund), CIPI ( Croatian Institute for Pension I
Slide 26: Guidelines for 2010
October 2010 Guidelines for 2010 Investor relations Podravka Group
Slide 27: Guidelines for 2010
October 2010 Guidelines for 2010 organic growth / development of new products strengthening of market shares / key brands and categories extension improvement of operating efficiency / optimization of business processes / cost control indebtedness reduction / financial stability E planned SALES GROW
Slide 28: Irena Kos, Investor Relations, Podravka d.d.
Irena Kos Voditeljica Odnosa s investitorima PODRAVKA d.d. Telefon: + 385 1 489 19 13 Fax: + 385 1 489 19 99 E-mail: irena.kos@podravka.hr Investor relations Podravka Group
Podravka Group — Erste Group Investor Conference 2010 on 6ix