Aak Ab · OMXSTO:AAK
Aak Ab — Merger or Acquisition (July 2013)
13 slides from Aak Ab's merger presentation, Jul 26, 2013
Slide 1: Press & Analyst Conference – Acquisition of Unipro
Arne Frank CEO Peter Korsholm CFO Fredrik Nilsson Director IR Press & Analyst Conference – July 26, 2013 Acquisition of Unipro
Slide 2: Agenda
Agenda AAK Acceleration Acquisition of Unipro Questions & Answers 2
Slide 3: AAK around the world
AAK around the world AAK @ Production plants and sales offices @ Sales offices @ Customisation plants @ Sourcing operations
Slide 4: Focus on the medium and fast growing markets – edible oils volume
Focus on the medium and fast growing markets – edible oils volume 100% 13% 90% 20% 22% 80% 18% 70% 18% 60% 60% 31% 50% 40% 69% 30% 62% 47% 20% 40% 10% 0% 2006 2009 2012 2015-2016* Slow growing markets Medium growing markets Fast growing markets Nordics USA Asia West Europe CEE Latin Amer
Slide 5: AAK Acceleration
AAK Acceleration AAK Acceleration projects Growth Bakery Dairy Chocolate & Confectionery Fats Infant Nutrition Food Service Acquisitions Emerging markets 5
Slide 6: Turkey
Turkey 16th largest economy in the world Comparatively young population 76 million (Median age 30.1) Strong real GDP growth 2010: 9.2% 2011: 8.5% 2012: 2.2% GDP per capita grew at 6.7% CAGR over the last five years 6
Slide 7: Unipro – short facts
Unipro – short facts Strong position in the Turkish Bakery market Deep customer relationships Revenues of ~ SEK 700 million and 37 employees Located in Istanbul, Turkey The transaction will include Unipro and 9 other established brands for Bakery and Industrial fats Core management and sales organiz
Slide 8: Unipro product portfolio
Unipro product portfolio Bakery Multipurpose margarine Puff pastry margarine Biscuits shortening Cream fat Fat for traditional desserts Industrial products Fats for soup and bouillons Ice-cream coatings Cocoa butter replacers 8
Slide 9: Strategic rationale
Strategic rationale Geographical expansion into growth market Significant market share (+30 %) and established brands in Bakery Platform for increased AAK sales of semi-specialty and specialty products in Turkey and Middle East Low cost base for domestic manufacturing 9
Slide 10: Financial impact
Financial impact Limited impact on 2013 AAK Group operating profit Current operating profit per kg in line with group average Full year volume approximately 50,000 MT The acquisition will be included in the Food Ingredients business area 10
Slide 11: Questions & Answers
Questions & Answers DAK unipro
Slide 12: The first choice for value-added vegetable oil solutions
The first choice for value-added vegetable oil solutions 12
Slide 13: Investor Relations Contacts
Investor Relations Contacts Fredrik Nilsson Director Group Controlling & Investor Relations Phone: +46 40 627 83 34 Mobile: +46 708 95 22 21 E-mail: fredrik.nilsson@aak.com Further Investor Relations material can be found at www.aak.com/en/Investor 13