Coca-Cola HBC AG · LSE:CCH
Coca-Cola HBC — Investor Day (May 2013)
10 slides from Coca-Cola HBC's investor day presentation, May 31, 2013
Slide 1: Financial Overview
Financial Overview Michalis Imellos CFO Coca-Cola HBC 1
Slide 2: Financial highlights
Financial highlights Net Sales Revenue Volume Reported 8,000 Split by segment in million unit cases 7,000 6,981 6,544 6,794 6,824 7,045 NSR per unit case 2,928 3,195 3.50 2,835 1,162 2,828 2,835 1,140 2,819 3.38 6,000 2,928 1,149 2,467 3.30 3.27 5,000 3.23 3.16 2,704 1,348 4,000 2,702 1,148 3.00 3,0
Slide 3: Cost structure
Cost structure Marketing 10% Sales 38% Administration 21% Warehousing & Distribution 31% These are based on our FY 2012 numbers 3
Slide 4: Optimising our cost base to enhance competitiveness
Optimising our cost base to enhance competitiveness Infrastructure optimisation SAP is a Logistics excellence key enabler Manage OPEX and Working Capital 4
Slide 5: Strong and sustainable cash flow generation
Strong and sustainable cash flow generation in million Euros Working Capital 504 370 259 181 83 2008 2009 2010 2011 2012 Free Cash Flow Solid track record of returning in million Euros cash to shareholders 546 549 427 262 341 In the last 13 years we have returned to our shareholders total cash of mo
Slide 6: Conservative financial profile
Conservative financial profile Credit Ratings Net Debt/EBITDA • Moody’s: L/T Baa1, S/T P2, negative 2.0 2.1 2.0 2.1 outlook 1.7 • S&P: L/T BBB+, S/T A2, negative outlook 2008 2009 2010 2011 2012 Other available facilities Debt maturity profile •€500m Revolving Credit Facility until 2016 $ $ •€500m B
Slide 7: 2013 Financial outlook
2013 Financial outlook • Currency neutral net sales revenue per case: Expecting growth year-over- year, albeit at a slower pace than 2012 • Currency neutral input costs per case: Expecting low single-digit increase • FX: Headwind based on current spot rates, but of lower magnitude than 2012 • Compar
Slide 8: Shareholder structure
Shareholder structure Retail Retail Investors Investors 2% 2% Rest Rest of of the the world world 11% 11% Continental Europe 38% UK UK 22% 22% US 27% 8
Slide 9: Corporate governance
Corporate governance • ADR program on NYSE since 2002 • Full SOX compliance history • Enhancement of corporate governance through: 1. Appointment of an additional independent non-executive director 2. Board members subject to re-election on an annual basis 3. Nominations committee, majority of its m
Slide 10: Thank You Q&A
Thank You Q&A 10