Atria Oyj Class A · OMXHEX:ATRAV
Atria Oyj Class A — Investor Day (December 2013)
29 slides from Atria Oyj Class A's investor day presentation, Dec 4, 2013
Slide 1: Capital Markets Day Atria Plc
Capital Markets Day Atria Plc CEO Juha Gröhn, 4 December 2013 4 December 1 2013
Slide 2: Atria Capital Markets Day 4.12.2013 -ohjelma
Atria Capital Markets Day 4.12.2013 -ohjelma 1.Tervetuloa / toimitusjohtaja Juha Gröhn, Atria Oyj • Atrian strategia ja Q3 katsaus • Taloudelliset tavoitteet • Lihamarkkinakatsaus 2. Atria Venäjä / toimitusjohtaja Jarmo Lindholm • Katsaus Atria Venäjän strategiaan • Markkinakatsaus 3. Atria Skandina
Slide 3: Atria Group Review Q1-Q3/2013
Atria Group Review Q1-Q3/2013 Q3 Q3 Q1-Q3 Q1-Q3 EUR million 2013 2012 2013 2012 2012 Net sales 358.4 341.1 1,050.4 982.9 1.343.6 EBIT -1.8 16.6 9.1 22.4 30.2 EBIT % -0.5 4.9 0.9 2.3 2.2 Profit before taxes -5.0 13.1 -0.2 12.9 18.9 Earnings per share, € -0.54 0.31 -0.48 0.17 0.35 Extraordinary items*
Slide 4: Atria Group Net Sales
Atria Group Net Sales cumulative, quarterly EUR million 1400 1316 1301 1302 1344 1200 1050 975 954 963 983 1000 800 692 648 623 638 642 600 400 310 306 304 309 328 200 0 2009 2010 2011 2012 2013 Q1 Q2 Q3 Q4 4 December 4 2013
Slide 5: Atria Group EBIT
Atria Group EBIT cumulative, quarterly EUR million 40 30.2 30 27.5 23.6 22.4 20 10.9 9.8 9.1 10 8.0 6.8 5.8 5.7 5.3 3.8 3.2 1.0 -0.4 -4.2 -5.2 0.1 0 2009 2010 2011 2012 2013 Extra ordinary Extra ordinary Extra ordinary Extra ordinary Extra ordinary items items items items items -10 -13.1 M € -11.8 M
Slide 6: Atria Group Financial indicators
Atria Group Financial indicators EUR million 30.9.2013 30.9.2012 31.12.2012 Shareholders' equity per share, EUR 14.26 15.07 15.15 Interest-bearing liabilities 361.0 425.8 370.5 Equity ratio, % 40.9 39.4 41.5 Gearing, % 88.7 99.2 85.9 Net gearing, % 84.5 97.4 84.3 Gross investments in fixed assets 29
Slide 7: Outlook for the future
Outlook for the future • Consolidated EBIT was EUR 30.2 million in 2012. In 2013, it is expected to be weaker. The company's EBIT without non- recurring items is expected to be higher than EUR 30.2 million. • Net sales are expected to grow in 2013. 4 December 7 2013
Slide 8: Financing
Financing CFO Heikki Kyntäjä
Slide 9: Financing principles
Financing principles • Atria’s strategy is to arrange financing through balanced allocation and distribution of – Financial instruments – Loan maturities – Financial institutions • The main covenant used in loan agreements is a minimum equity ratio covenant of 30% – Reported to financiers either qua
Slide 10: Loan facilities by instrument Q3/2013
Loan facilities by instrument Q3/2013 Outstanding loans and committed credit facilities 6% 17 % Overdraft facilities 14 % Commercial papers 1% Uncommitted credit facilities Committed credit facilities 27 % Bank and other loans Bonds 35 % 10
Slide 11: Maturity structure of loan facilities Q3/2013
Maturity structure of loan facilities Q3/2013 180,0 160,0 140,0 120,0 100,0 Undrawn 80,0 Withdrawn 60,0 40,0 20,0 0,0 < 6 mths < 1 yr < 2 yrs < 3 yrs < 4 yrs < 5 yrs > 5 yrs • The amount of undrawn committed credit facilities stood at EUR 147.3 million (December 31, 2012: EUR 153.0 million). • The a
Slide 12: Financiers
Financiers Five Nordic banks Two domestic Other insurance (Bonds & companies CP's) Other institutions in 31 % bonds and CP’s Banks 54 % Insurance companies 15 % 12
Slide 13: Atria Group Net debts
Atria Group Net debts 500 EUR million 400 300 200 391 411 403 364 344 100 0 2009 2010 2011 2012 30.9.2013 13
Slide 14: Atria Mission, Strategy and Vision
ATRIA MISSION, STRATEGY AND VISION 4 December 14 2013
Slide 15: Renewing Atria: new vision and strategy
ATRIA PLC Good food - better mood. RENEWING ATRIA NEW VISION WE CREATE INSPIRING FOOD FOR EVERY OCCASION WITH STRONG BRANDS AND PASSION. | NEW STRATEGY 1) ATRIA COMMERCIAL; ' EXCELLENCE =; (1) EFFICIENCY ; (1) WAY OF WORK t t ft im ATRIA WAY OF WORK WE FOCUS ON WE ARE WE WE CONSUMERS HUNGRY FOR DELI
Slide 16: Strategy implementation examples
Strategy implementation examples Reduction of Efficiency wastage Cooperation with Efficiency meat producers Commercial Sibylla and Deli excellence expansion Marketing efforts Commercial in all business excellence areas Way of We improve our Work quality Way of Atria’s values Work 4 December 16 2013
Slide 17: Financial targets
Financial targets Indicator Target EBIT % 5% Equity ratio 40% ROE % 8% Dividend distribution of Net Income 50% 4 December 17 2013
Slide 18: Meat Market Situation
Meat Market Situation 4 December 18 2013
Slide 19: Content
Content 1. Feed price development 2. Meat price development 3. Meat production and consumption 4. Consumer trends 4 December 19 2013
Slide 20: International soybean price 2013
International soybean price 2013 4 December 20 2013
Slide 21: Feedprices in Finland 2008-2013
Feedprices in Finland 2008-2013 Source: A-Feed Ltd 4 December 21 2013
Slide 22: International meat price indices 2008-2013
International meat price indices 2008- 2013 4 December 22 2013
Slide 23: Consumer prices in Finland
Consumer prices in Finland 4 December 23 2013
Slide 24: Meat production in EU and Finland in 2013
Meat production in EU and Finland in 2013 4 December 24 2013
Slide 25: Meat production and consumption in Finland
Meat production and consumption in Finland 4 December 25 2013
Slide 26: Factors affecting purchase decision of different foodstuffs in Finland
Factors affecting purchase decision of different foodstuffs in Finland 4 December 26 2013
Slide 27: Finland - Most popular food consumed at home
Finland - Most popular food consumed at home 4 December 27 2013
Slide 28: Summary
Summary • Consumer purchasing power determines the market development in all business areas • In Finland market development is challenging • Business in Russia is turning healthy • Development in Scandiavia and in Baltic shows improvement • Financial status is stabile 4 December 28 2013
Slide 29: Good food, better mood. Atria Plc
fle Good food, better mood. ATRIA PLC Good food - better mood. 4 December Wg