Myeco Group Ltd · ASX:MCO
Myeco — Investor Presentation (May 2021)
15 slides from Myeco's investor presentation, May 26, 2021
Slide 1: Changing the World of Packaging
CHANGING THE WORLD OF PACKAGING Investor Presentation May 2021 ASX:SES SECOS GROUP LIMITED (ASX: SES) 1 INVESTOR PRESENTATION – MAY 2021
Slide 2: SECOS Company Profile
SECOS COMPANY PROFILE SECOS Group Limited (ASX: SES) is a leading developer and manufacturer of sustainable packaging materials • 129% increase in bioproduct sales in Sales split by product type, 1H FY21 1HFY21 vs PCP Food Hygiene • Bio-based sales as a % of total sales diversion increased to 73% in
Slide 3: The Plastic Problem
THE PLASTIC PROBLEM Increasing volume of plastics produced, consumed and wasted detrimental to health and humanity 3.5m tonnes 1m tonnes 70B pieces 113,000 Estimated number of Plastics used Annual single-use Annual use of soft food pieces of microplastic by Australians in plastic use by wrappers by
Slide 4: SECOS Role in the Solution
SECOS ROLE IN THE SOLUTION SECOS positioned to assist in delivering outcomes aligned to the National Plastics Plan 2021 National Packaging Targets for industry: 100% of packaging is reusable, recyclable or compostable Compostable plastics play a 70% of plastic packaging goes on to be key role in eac
Slide 5: SECOS Integrated Business Model
SECOS INTEGRATED BUSINESS MODEL Provides cost and supply chain efficiencies, and flexibility in best utilising production capacity Fully vertically integrated production capacity from raw materials to finished product Cardia Biopolymer Resin Cardia Biopolymer Film Film converted to bags Direct sales
Slide 6: SECOS Has Proven Expertise
SECOS HAS PROVEN EXPERTISE SECOS is an integrated developer of bioplastics technology Global production capacities of bioplastics by material type • There are multiple biopolymer precursors and each (2020) offer unique benefits and application properties. Other non- biodegradable PBAT 1.1% 13.5% • S
Slide 7: SECOS' Market Focus - 70% of Plastics Are Flexible or Films
SECOS’ MARKET FOCUS - 70% OF PLASTICS ARE FLEXIBLE OR FILMS More countries and governments are embracing compostable technologies Food and organic Food Hygiene and Retail Pet market Agriculture diversion packaging Femcare Local government rolling Compostable food Consumer demanding Nappy and femcare
Slide 8: The Opportunity
THE OPPORTUNITY Compostable production capacity is anticipated to grow at 31% p.a. from 2020 to 2023 (10x of conventional plastics growth) Anticipated growth in the Bioplastics % growth from 2019 to 2020 between conventional flexible and Biopolymers market (US$) plastic production companies and SECO
Slide 9: Growth Strategy
GROWTH STRATEGY Strategic approach to creating value 5. Expand global footprint The recent Malaysian investment bringing 4. Branding capacity available to deliver up to $60m in sales when fully utilised and distribution 3. Focus on core product categories 2. New product development 1. Production cap
Slide 10: Key Strengths & Highlights
KEY STRENGTHS & HIGHLIGHTS Bioplastic sales growing at Current annualised sales run rate of over Developed a proprietary 129% pcp H1’21 outstripping $30 million pa reflecting a 50% YoY growth rate compostable resin formulation conventional plastic growth to run off the Group’s high of leading player
Slide 11: Outlook
OUTLOOK SECOS at a tipping point for future growth with significant number of upcoming events Growing push for more environmental packaging and legislative changes Current investment expected to continue taking sales capacity to Planned capacity over $60 million pa expansion aimed to Growth in pet w
Slide 12: Diverse Global Client Base
DIVERSE GLOBAL CLIENT BASE Over 358 Clients across 20 countries across government, industrial and consumer verticals SECOS GROUP LIMITED (ASX: SES) 12 INVESTOR PRESENTATION – MAY 2021
Slide 13: Corporate Overview
CORPORATE OVERVIEW ASX Code: SES Substantial Shareholders Share Price (24 May 2021) $0.24 R&K Edwards Investments LLC 10.7% Market capitalisation @ 24 cents $125m Belgravia Strategic Equities 9.6% Shares on issue (listed) 535m Donald Haller Jr 8.5% Cash on hand (30 April 2021) $12.3m Top 20 60.8% To
Slide 14: Forward-Looking Statements Disclaimer
FORWARD-LOOKING STATEMENTS DISCLAIMER This presentation contains “forward-looking statements.” Such forward-looking statements may include, without limitation: • estimates of future earnings; • estimates of future production and sales; • estimates of future cash costs; • estimates of future cash flo
Slide 15: SECOS GROUP LIMITED (ASX: SES) INVESTOR PRESENTATION – MAY 2021
SECOS GROUP LIMITED (ASX: SES) 15 INVESTOR PRESENTATION – MAY 2021