Nampak Limited · JSE:NPK
Nampak — Big 5 Investor Conference 2011
67 slides from Nampak's conference presentation, September 2011
Slide 1: Big 5 Investor Conference
Big 5 Investor Conference September 2011 |1
Slide 2: Agenda
Agenda • Overview of Nampak • Growth strategy – South Africa – Rest of Africa |2
Slide 3: Overview of Nampak
OVERVIEW OF NAMPAK |3
Slide 4: South Africa
South Africa • R13bn annual turnover •>80% of Group revenue • Largest packaging company • Leading toilet tissue company • Metals, glass, paper and plastics • 10 000 permanent employees |4
Slide 5: Metals & Glass Packaging
Metals & Glass Packaging |5
Slide 6: Paper & Flexibles Packaging
Paper & Flexibles Packaging |6 6
Slide 7: Plastic Packaging
Plastic Packaging el @t Co/gate (es Fy “I
Slide 8: Tissue Products
Tissue Products 1 Ply Toilet Tissue
Slide 9: Rest of Africa
Rest of Africa • 20 manufacturing operations in 12 countries • R1.9bn turnover (inc Zimbabwe) • Exports of a further R1.7bn • Major player in most countries |9
Slide 10: Operations in Africa
Operations in Africa Ethiopia 1 Kenya 2 Nigeria 2 Tanzania 1 Malawi Angola 1 1 Zambia Mozambique Namibia 2 1 1 Botswana 1 Zimbabwe Swaziland 5 1 | 10
Slide 11: Europe
Europe • Leading supplier of plastic milk bottles in UK • In-plant model with long-term contracts • Turnover R1.3bn (£120m) | 11
Slide 12: Operations in UK
Operations in UK Dale Farm Bellshill Consett Trafford Park Foston Newport Pagnall Chadwell Heath Headquarters Mother sites Oakthorpe In-plants Severnside
Slide 13: UK Milk Bottles
UK Milk Bottles | 13
Slide 14: Growth Strategy
GROWTH STRATEGY | 14
Slide 15: South Africa
SOUTH AFRICA | 15
Slide 16: Grow Core Businesses
Grow Core Businesses • 80% of Nampak operations are profitable and have sustainable competitive advantages in markets in which they operate • Need to grow these core businesses | 16
Slide 17: New Slimline Beverage Cans
New Slimline Beverage Cans | 17
Slide 18: Glass Furnace Rebuild
Glass Furnace Rebuild | 18
Slide 19: Glass Cullet Project
Glass Cullet Project pe. 3
Slide 20: Print Modernisation
Print Modernisation
Slide 21: Print Modernisation
Print Modernisation . 7 ' mn 7 = | | a A
Slide 22: Ends manufacture: Old Presses
Ends manufacture: Old 314 Presses
Slide 23: END O MAT Line
END O MAT Line
Slide 24: END O MAT
END O MAT | 24
Slide 25: 5th Aerosol Can Manufacturing Line
5th Aerosol Can Manufacturing Line | 25
Slide 26: Semi-Automatic Aerosol Can Packing System
Semi-Automatic Aerosol Can Packing System | 26
Slide 27: Shaped Aerosol Cans
Shaped Aerosol Cans | 27
Slide 28: Range of New Aerosol Cans
Range of New Aerosol Cans | 28
Slide 29: 2-ply Tissue Expansion
2-ply Tissue Expansion _ AA er { Li? es : | IWINSAVER: | bake : Z | ees zi) } IWINSAVER: : Aesty, | = an aes | ae -" | Nampak packaging excellence
Slide 30: Flexibles Pouch Equipment
Flexibles Pouch Equipment 30 |
Slide 31: Flexibles 7 Layer Coex Extruder
Flexibles 7 Layer Coex Extruder | 31
Slide 32: Coffee Pouches
Coffee Pouches
Slide 33: Soup Pouches
Soup Pouches > * OunTRY VEGETAZ, |
Slide 34: New Wine Closure Equipment
New Wine Closure Equipment | 34
Slide 35: New Wine Closures Equipment
New Wine Closures Equipment | 35
Slide 36: New Wine Closures
New Wine Closures Yt a RopertsoN Qn” NET SAUVE SOUTH ARRICA
Slide 37: New Wine Closures
New Wine Closures | 37
Slide 38: Nampak Employees
Nampak Employees 25000 20000 Malbak 15000 10000 5000 0 2006 1990 1992 1994 1996 1998 2000 2002 2004 2008 2010 | 38
Slide 39: Growth Strategy
Growth Strategy • 20% of Nampak operations were loss-making or earning returns less than hurdle rates, had been in this position for a number of years and had no sustainable competitive advantages • Need to fix/sell/close these operations | 39
Slide 40: Closed or Sold
Closed or Sold Europe Cartons & Healthcare Foam Flexpak Redibox Disaki Carmoc Mozambique L & CP Containers Tubs Interpak Books | 40
Slide 41: Being Fixed
Being Fixed Rm Corrugated 50 0 -50 -100 -150 -200 -250 2009 2010 2011 | 41
Slide 42: Rest of Africa
Dp Np REST OF AFRICA
Slide 43: Revenue in Major Countries
Revenue in Major Countries Rm 500 400 300 200 100 0 Malawi Nigeria Tanzania Zambia Kenya | 43
Slide 44: Nigeria
Nigeria GDP Growth % 7 6 5 4 3 2 1 0 2012 2013 2014 2015 2016 | 44
Slide 45: |
| 45
Slide 46: |
| 46
Slide 47: Nigeria Metals Manufacturing Equipment
Nigeria Metals Manufacturing Equipment | 47
Slide 48: Nigeria Products
Nigeria Products | 48
Slide 49: Angola
Angola GDP Growth % 12 10 8 6 4 2 0 2012 2013 2014 2015 2016 | 49
Slide 50: Angola Beverage Can Factory
Angola Beverage Can Factory • Greenfield expansion • $160m beverage can plant • 700m cans per annum capacity • Market estimated to be >1bn cans | 50
Slide 51: |
| 51
Slide 52: Angola Plant - Update
Angola Plant - Update
Slide 53: Angola Beverage Cans
Angola Beverage Cans Angelata packaging excellence
Slide 54: Zambia
Zambia GDP Growth 9 8 7 6 5 4 3 2 1 0 2012 2013 2014 2015 2016 | 54
Slide 55: Zambia: Mini Nampak
Zambia: Mini Nampak • Liquid Paper & Plastic • Steel drums • Paper & Board • Crowns • Plastic crates | 55
Slide 56: Zambia Liquid Packaging Products
Zambia Liquid Packaging Products | 56
Slide 57: Zambia Rigid Plastics Products
Zambia Rigid Plastics Products | 57
Slide 58: Zambia Beer Labels
Zambia Beer Labels 6 UL palit 6 Wa
Slide 59: Zambia Folding Cartons
Zambia Folding Cartons ; ime Q
Slide 60: Zambia Sugar Bags
Zambia Sugar Bags Nampak packaging excellence 2) o
Slide 61: Zambia Crowns
Zambia Crowns | 61
Slide 62: Liquid Cartons Exports
Liquid Cartons Exports Goal Glob: ged 6 a8! Pete ase Nampak
Slide 63: Liquid Cartons Exports
Liquid Cartons Exports Milk {Fruit "lies | N@ | Milk Frnt Drink \ Drink wen , S) Nampak | 63 packaging excellence
Slide 64: Products Manufactured in the rest of Africa
Products Manufactured in the rest of Africa Country Bev Food Crowns Cart Corru Sacks Liquid Plastic cans & carton bottles other cans Angola X Botswana X Kenya X X X Malawi X X X Moz X Namibia X Nigeria X X Swaziland X Tanzania X X Zambia X X X X X Zimbabwe X X X X X X | 64
Slide 65: Revenue Target in 5 Years
Revenue Target in 5 Years Europe 5% Rest of Africa 20% South Africa 75% | 65
Slide 66: Growth Strategy
Growth Strategy South Africa Grow with major customers and the overall SA economy Rest of Africa Significant growth opportunities United Kingdom Potential new dairy in-plant | 66
Slide 67: Thank You
THANK YOU | 67