Jeronimo Martins, Sgps S.a. · EURONEXT:JMT
Jeronimo Martins, Sgps — Jerónimo Martins — Investor Presentation (2006)
27 slides from Jeronimo Martins, Sgps's investor presentation, May 17, 2006
Slide 1: Jerónimo Martins Corporate Presentation
JERÓNIMO MARTINS Corporate Presentation
Slide 2: The Group
THE GROUP
Slide 3: Mission
Mission Jerónimo Martins is a Group with international projection that operates in food distribution and manufacturing with a view to satisfying the legitimate interests of its shareholders, as well as contributing to economic growth and to the sustained development of the regions where it operates.
Slide 4: Jerónimo Martins
Jerónimo Martins 2 centuries old 2 geographies: Portugal and Poland 3 business areas: Distribution, Manufacture and Services Balanced portfolio: several formats, leading positions, balance between maturity and growth. Listed on the Stock Exchange: free float of 25,9%. JE R Ó N I M O M A R T I NS
Slide 5: Jerónimo Martins Universe
Jerónimo Martins Universe Sales Employees Value 2005 (000.000'€) % N.º % Holding 71 0,2 Distribution Portugal 2.222 58,0 15.866 51,6 Distribution Poland 1.348 35,2 13.472 43,8 Manufacturing and Services * 259 6,8 1.344 4,4 Total 3.828 100,0 30.753 100,0 *: Adjusted to participation JE R Ó N I M O M
Slide 6: Business Structure
Business Structure Jerónimo Martins, SGPS, S.A. Holding Operational Areas Distribution Manufacturing Services Portugal Poland Portugal Jerónimo Martins Pingo Doce Biedronka FimaVG DPC Alimentar Feira Nova LeverElida Cosmética Caterplus Recheio IgloOlá Hussel Jerónimo Martins Restauração & Serviços J
Slide 7: Main Financial Indicators
Main Financial Indicators Year 2005 Un: €’000 Consolidated Sales 3.828.166 Operacional Results 208.603 Invested Capital 1.167.894 Market Capitalization 1.598.405 JE R Ó N I M O M A R T I NS
Slide 8: Food Distribution
Food Distribution In Portugal, the Group operates in the retail and wholesale areas, with a leading position in the distribution of fast moving consumer goods with the following brands: - Pingo Doce - supermarket leader - Feira Nova - hypermarket operator - Recheio - cash & carry leader In Poland th
Slide 9: Manufacturing
Manufacturing Jerónimo Martins has an important presence in the food industry in Portugal, where it holds leading positions in several markets of fast moving consumer goods through its association with Unilever: - FimaVG - food products - LeverElida – home and personal care - IgloOlá – frozen and de
Slide 10: Marketing & Representation Services
Marketing & Representation Services The Group’s interests in Portugal also include: - Jerónimo Martins Distribuição de Produtos de Consumo - brand representation and marketing services of fast moving consumer goods and prestigious cosmetics. - PGJM – cosmetic joint venture with PUIG group. - Caterpl
Slide 11: Food Distribution Portugal
FOOD DISTRIBUTION PORTUGAL
Slide 12: Pingo Doce
First store opening in 1980. This supermarket chain is leader in Portugal, with more than 190 stores and around 8,000 employees. Strategy based on proximity, quality, and the commitment to supply perishables and everyday household products, all with constant low prices. 2005 Number of stores 192 Sal
Slide 13: Feira Nova
Established in 1993, as a result of the purchase of 3 Hypermarkets (in Braga, Aveiro and Barreiro) from the Inovação group. Currently owns 29 medium and large-sized stores, and is third ranking hypermarket operator. Strategy based on low-price, product variety and shopping convenience. 2005 Number o
Slide 14: Recheio
Wholesale distribution company for the Portuguese market . Currently has 32 stores all over the country and 2 food service platform. Its strategy relies on building strong and enduring relationships of trust, based on offering stock, quality and service appropriate to the needs of its customers, at
Slide 15: Food Distribution Poland
FOOD DISTRIBUTION POLAND
Slide 16: Biedronka
Acquisition of 243 stores in 1997. The retail market leader. More than 800 stores. More than 500 exclusive brands. More than 12,000 employees. Top of mind brand (brand awareness > 90%). Its strategy relies on an every day low price food store, where it is possible to make a daily purchase of a basic
Slide 17: Manufacturing
Q JERONIMO MARTINS,
Slide 18: FimaVG
Created in 1938, 51% is held by Jerónimo Martins. Operates in the Food Sector in Portugal, providing a wide range of market-leading products. FimaVG is also a major player in the Horeca channel. Factories at Santa Iria da Azóia (production of margarines and spreads) and Abrantes (olive and vegetable
Slide 19: FimaVG Segments and Brands
Segment Brands Margarines Vaqueiro (cooking), Becel, Flora, Planta Tea beverages Lipton Ice Tea Culinary Knorr Olive and vegetable oils Gallo, Condestável, Vaqueiro (oil) Sauces Calvé 2005 Total Sales (€’000) 290,737 Total Sales - Volume (tons) 164,954 MANUFACTURING
Slide 20: LeverElida
LeverElida was established in 1950 and is held by Jerónimo Martins at 40%. The company manufactures and commercialises market-leading brands of home and personal care products. Factory at Sacavém established since 1952. MANUFACTURING
Slide 21: LeverElida Segments and Brands
Segments Brands Laundry detergents Skip, Omo, Presto and Radion Dishwashing detergents Sun and Sunlight Home cleaning detergents Cif and Domestos Softeners Comfort Shampoo Organics, Linic, Dove and Timotei Skin care and bath products Vasenol and Dove Deodorants and perfums Dove, Axe, Rexona, Vasenol
Slide 22: IgloOlá
26% held by Jerónimo Martins. Established in 1912, which in 1959 was purchased under a joint venture. Operates in the frozen food market through Olá (market leader) and in the deep frozen through Iglo, market leader since 1985. Factory at Santa Iria da Azóia operating since 1969. MANUFACTURING
Slide 23: IgloOlá Segments and Brands
Segments Brands Magnum, Cornetto, Calippo, Epá, Super Ice cream Maxi, Perna de Pau, Solero and Fizz Cornetto Soft Iglo, Capitão Iglo, Marco Bellini, 4 Salti Frozen products and Preceitos 2005 Total Sales (€’000) 128,345 Total Sales - Volume (Litons) 40,321 MANUFACTURING
Slide 24: Marketing and Representation Services
MARKETING AND REPRESENTATION SERVICES
Slide 25: Jerónimo Martins Distribuição de Produtos de Consumo
The core business of Jerónimo Martins Distribuição de Produtos de Consumo (JMD) is the exclusive distribution of international brands. The keys to the success of this Group’s company are the strength of the brands it represents and its own distribution know how. 2005 Sales (€’000) 69,371 SERVICES
Slide 26: Hussel
1990 - 1st store opening, at the Amoreiras shopping center. Joint venture between Jerónimo Martins (51%) and Douglas AG (49%), a German specialist retailer. An innovative concept of a store dedicated to chocolates and confectionery products, based on two key points: quality and diversity. 2005 Numbe
Slide 27: Jerónimo Martins Group
GROUP JERÓNIMO MARTINS Corporate Presentation