Berentzen-gruppe Ag · XETR:BEZ
Berentzen-gruppe — Investor Day (October 2021)
39 slides from Berentzen-gruppe's investor day presentation, Oct 6, 2021
Slide 1: Virtual Investors' Day 6th & 7th of October
1 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October
Slide 2: Berentzen-Group Virtual Investors' Day
2 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Berentzen-Group Virtual Investors‘ Day October 6th & 7th, 2021
Slide 3: We awaken the thirst for life
3 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October We awaken the thirst for life. We work for the people and society to experience more liveliness, fresh optimism and joy of life. We are Berentzen!
Slide 4: Beverage specialist with a broad segment coverage
4 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October The Berentzen-Group is a beverage specialist with a broad segment coverage Total revenues 2020: EURm 154.6 Spirits Non-Alcoholic Beverages Fresh Juice Systems
Slide 5: Key figures development 2017-2020
5 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Key figures development 2017-2020 Group with steady growth since 2017, interrupted only by COVID19 Consolidated Revenues Consolidated EBIT Gross Profit excl. alcohol tax (Consolidated EBIT Margin) (Gross Profit Margin) +0.1% +6.3% +
Slide 6: Driving future performance of the Berentzen-Group
6 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Driving future performance of the Berentzen-Group Growth, Profitabilisation and Performance Enabler 1. Growth 2. Profitabilisation 3. Performance Enabler
Slide 7: Fewer but Bigger - Key Growth Driver
7 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October 1. Fewer but Bigger - Key Growth Driver Liqueur Offensive Premium Trend Categories KEY GROWTH DRIVER 2022 Boost MIO MIO Winning in Germany
Slide 8: Healthy Margins - Key Profitability Driver
8 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October 2. Healthy Margins - Key Profitability Driver 2022 Focus on Core Brands Portfolio Valorisation KEY PROFITABILITY DRIVER 2022 Push own Brand Portfolio Innovation Leadership
Slide 9: Prepare for Growth - Key Growth Enabler
9 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October 3. Prepare for Growth - Key Growth Enabler 2022 Sales Excellence Test & Learn Initiatives KEY GROWTH ENABLER 2022 Supply Chain Efficiency Bundling of Marketing Ressources
Slide 10: Branded Spirits: From a traditional preserver to an innovative market maker
10 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Branded Spirits: From a traditional preserver to an innovative market maker!
Slide 11: Branded Spirits: Restart liqueur offensive after COVID-19
11 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Branded Spirits: Restart liqueur offensive after COVID-19 New products and instore excellence as main topics for future growth 1. Liqueur Offensive 2. Entering Trend Categories 3. Instore Excellence
Slide 12: Export & Private-Label Spirits: From a contract filler to a strategic concept forge
12 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Export & Private-Label Spirits: From a contract filler to a strategic concept forge!
Slide 13: Export & Private-Label Spirits: Sustainable growth through premiumisation
13 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Export & Private-Label Spirits: Sustainable growth through premiumisation 1. Premiumisation 2. Selective Geographical Expansion 3. Co-Branding Projects with Artists
Slide 14: Non-Alcoholic Beverages: From a third-party filler to a branded company
14 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Non-Alcoholic Beverages: From a third-party service filler to a branded company
Slide 15: Non-Alcoholic Beverages: 100% focus on Mio Mio
15 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Non-Alcoholic Beverages: 100% focus on Mio Mio: Growth acceleration 1. Mio Mio: Grow, grow, grow! 2. Mio Mio 2.0: Test & Learn new Kräuterbraut! 3. Regional Brands: Fuel for Mio Mio growth
Slide 16: Fresh Juice Systems: From a volatile start-up to a robust growth driver
16 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Fresh Juice Systems: From a volatile start-up business to a robust growth driver
Slide 17: Fresh Juice Systems: Innovative Technology and Ecological Trends
17 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Fresh Juice Systems: Implementation of Innovative Technology and Ecological Trends 1. Innovation Leadership 2. Commercial Excellence 3. Health & Sustainability rPET
Slide 18: Berentzen-Group's Sustainability Strategy
18 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Berentzen-Group‘s Sustainability Strategy
Slide 19: Ambitious sustainability strategy of the Berentzen Group
19 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Ambitious sustainability strategy of the Berentzen Group 0 – 100 – 100
Slide 20: People
20 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October People 0 accidents and improved health Related Major Measures Deadline Where we get so far SDG Number of occupational accidents incl. commuting accidents ▪ Development and implementation of a new occupational health management conc
Slide 21: Planet
21 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Planet Hundred percent resource efficiency Related Major Measures Deadline Where we get so far SDG Specific emissions [kg CO₂e/m³] / comparison to last year [%] 31.34 26.72 24.20 ▪ Establishment of a digital monthly -14.73% -9.45%
Slide 22: Products
22 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Products One hundred sustainable products Related Major Measures Deadline Where we get so far SDG Reusable share Disposable: 30.67% ▪ Implementation of the roadmap to increase the proportion of sustainable products Reusable: ▪ Deve
Slide 23: Awarded Sustainability
23 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Awarded Sustainability Sustainability is part of our identity for more than 260 years: we think in generations! To further expand our sustainable effort, the Berentzen-Group has been a proud signatory of the United Nations Global C
Slide 24: Investment Highlights
24 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Investment Highlights
Slide 25: Investment Highlights
25 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Investment Highlights Key Takeaways 1 Financial stability as basis for post COVID-19 growth 2 Proven valorisation strategy 3 Strong brands and broad segment coverage 4 Agility to leverage on new market trends 5 Heavily filled innov
Slide 26: Additional information
26 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Additional information
Slide 27: H1 2021 Financial Highlights
27 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October H1 2021 Financial Highlights
Slide 28: Financial Highlights H1 2021
28 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Financial Highlights H1 2021: Increased profit despite revenues decrease: Effect of stopping the contract bottling for Pepsi Revenue decreases by 7.9% (exkl. Pepsi-effect by 2.6%) Revenue Revenue exkl. Pepsi-effect -7.9% -2.6% 73.5
Slide 29: Spirits
29 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Spirits* Revenue decrease due to difficult market environment Development 2.6 2020 > 2021 7.5 -3.6% 42.8 -1.0 (-9.9%) +0.3 (+1.2%) -1.0 (-31.9%) +0.1 (+3.7%) 41.3 2.9 2.6 0.2 0.5 3.2 5.3 7.5 3.1 6.7 19.4 17.8 5.5 2020 2021 2020 202
Slide 30: Non-Alcoholic Beverages
30 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Non-Alcoholic Beverages* Mio Mio success story continues even in challenging COVID 19 times Development 2020 > 2021 Own brands Third-party business +0.3 (+3.8%) -0.7 (-45.4%) -17.7% +0.8 (+13.2%) -4.0 (-55.3%) 22.7 +14.0% -0.5 (<-1
Slide 31: Fresh Juice Systems
31 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Fresh Juice Systems* Investments are still made with caution Development 2020 > 2021 7.4 -0.6 (-19.4%) -8.9% -0.3 (-10.3%) 6.8 +0.2 (+12.4%) +0.1 (+29.0%) Germany & Austria +53% * Revenue (development) in EURm
Slide 32: Balance Sheet
32 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Balance Sheet Solid financial structure 31.12.2020 (in EURm) 30.06.2021 (in EURm) 145.2 47.2 ≙ 32.5% ≙ 37.6% 56.1 126.2 47.4 54.9 (+510BP) 18.7 18.7 Fin. Debt Non-Current Assets 89.1 10.3 71.3 Fin. Debt Current Assets 11.0 Equity C
Slide 33: Positive operating cash flow, good solvency ratio
33 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Positive operating cash flow, good solvency ratio Net Debt* / EBITDA (ratio) in EURm H1 2020 H1 2020 H1 2021 H1 2021 -0.13 -0.27 -2.0 -4.0 15.8 14.8 Net Debt EBITDA LTM *negative net debt = net cash Operating Cash Flow in EURm H1 2
Slide 34: Forecast 2021
34 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Forecast 2021 Adjusted in October: Lower revenues but higher earnings expected Min Max Valuation numbers 2020 2021E 2021E 2021E 2021E 2021E Revenues EURm 154.6 145.0 150.0 156.0 154.0 155.0 EBITDA EURm 14.1 15.0 16.0 14.2 14.0 14.0
Slide 35: Further information
35 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Further information
Slide 36: The Berentzen-Gruppe AG: Management
36 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October The Berentzen-Gruppe AG Management Executive Board Supervisory Board Oliver Schwegmann Ralf Brühöfner Uwe Bergheim CEO CFO Chairman ▪ Member of the board since 2017 ▪ Member of the board since 2007 ▪ Chairman of the supervisory boa
Slide 37: The Berentzen-Gruppe AG: Facilities & facts
37 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October The Berentzen-Gruppe AG Facilities & facts ▪ German company with more Haselünne Grüneberg than 250 years of tradition, based in Haselünne, Lower ▪ HQs of Berentzen Group and ▪ Production of NABVs Saxony, listed in the General busin
Slide 38: Financial calendar and contact
38 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October The Berentzen-Gruppe Aktiengesellschaft Financial calendar RoY 2021* and contact 2021 Event October 6 to 7 Virtual Investors Day October 21 Publication of the Q3/2021 Interim Report November 22 to 24 Deutsches Eigenkapitalforum Onl
Slide 39: Disclaimer
39 BERENTZEN-GRUPPE AG | Virtual Investors‘ Day 6th & 7th of October Disclaimer This presentation is intended only for information purposes. It is not final. Where not otherwise mandated by law, the Berentzen-Gruppe Aktiengesell-schaft accepts no obligation with respect to these forward-looking stat