Kri-kri Milk Industry S.a. · ATHEX:KRI
Kri-kri Milk Industry — KRI KRI S.A. Milk Industry — FY2020 Earnings Presentation
10 slides from Kri-kri Milk Industry's earnings presentation, April 2021
Slide 1: Analysts Presentation 2020 Full Year Results
Authentic products drive sustainable growth ANALYSTS PRESENTATION 2020 FULL YEAR RESULTS
Slide 2: Legal disclaimer
Legal disclaimer 02 This presentation was prepared by KRI KRI S.A. The information contained herein has been obtained from company and external sources believed to be reliable, but not guaranteed as to its accuracy or completeness. The information contained herein also includes forward-looking state
Slide 3: 2020 Income statement
2020 Income statement 03 Full year 2020 results IFRS - €m 2020 2019 2018 Sales 126.0 112.9 94.2 Margins 2020 2019 2018 Gross Profit 40.4 39.1 36.7 Gross Profit 32.6% 34.6% 38.9% EBITDA 22.3 21.1 17.3 EBITDA 17.7% 18.7% 18.3% EBIT 18.6 17.8 14.5 EBIT 14.8% 15.8% 15.4% Profit before taxes 18.4 17.6 14
Slide 4: Sales bridge
Sales bridge 04 Contribution to -0,9% -1,5% 5,0% 8,5% 0,4% 11,6% annual Growth Highlights 2020: YoY -4,6% -26,8% 12,9% 24,0% 128% 11,6% • Robust top line growth • Partially recovery of ice-cream Greece sales decline €m. • Strong growth in yogurt segment Outlook 2021: • Continue growth at a similar r
Slide 5: Gross Profit Bridge
Gross Profit Bridge 05 Contribution to overall margin -1,0pp -0,6pp -0,4pp -0,3pp -0,1pp -2,5pp difference
Slide 6: EBIT Bridge
EBIT Bridge 06 Highlights 2020: • Stable operational expenses Outlook 2021: • Maintaining, at least, the operational margins of 2020
Slide 7: Cash Flow
Cash Flow 07 Working Capital elements IFRS - €m 2020 2019 2018 • Raw materials +4mil € • Trade receivables -0,7mil € Operating activities 17,1 13,7 16,2 Investing activities (11) (14,9) (7,6) Capex • CAPEX 2020 €10,2m Financing activities (7,3) (2,2) (4,5) • Planned Capex 2021 Free cash flow 6,1 (1,
Slide 8: ESG Environmental Social
ESG 08 Environmental ▪ Biogas plant for sewage treatment ▪ Less Plastic in packages Social ▪ Donation of equipment and materials to hospitals ▪ Providing education to farmers Governance ▪ Improving governance procedures ▪ Improving Risk Management .
Slide 9: Dividend
Dividend 09 2020 2019 2018 Share Price 31/12 6,54 5,66 4,25 Dividend 0,20 0,18 0,115 EPS 0,480 0,454 0,306 Dividend payout ratio 42% 40% 38% Dividend yield 3,1% 3,2% 2,7%
Slide 10: Any Questions?
Q&A 10 Contact information KRI KRI S.A. MILK INDUSTRY 3rd km Serres-Drama Serres PC 62125 Greece Any Questions? +30 23210 68300 investors@krikri.gr website: www.krikri.gr
KRI KRI S.A. Milk Industry — FY2020 Earnings Presentation on 6ix