Pernod Ricard Sa · EURONEXT:RI
Pernod Ricard Sa — Corporate Update (December 2020)
21 slides from Pernod Ricard Sa's corporate update, Dec 1, 2020
Slide 1: Regional conference call
Regional conference call Gilles Bogaert Chairman & CEO December 1st, 2020 1
Slide 2: Regional Overview
Regional Overview 2
Slide 3: In a Nutshell
In a Nutshell CENTRAL & EASTERN EUROPE 5 513 FTEs WESTERN EUROPE 2x 8x 11 Management Entities 5x Gin Hub 7x 57 Affiliates 22 Production Sites 28% of Group Sales AFRICA & MIDDLE-EAST 2x 1x 63% EMEA LATAM Sales from Strategic International Brands LATAM 2x House of Tequila 6x # Management Entities 90%
Slide 4: Strategic Update: Continuing to drive our Transform & Accelerate roadmap
Strategic Update Gain share in LATAM, Africa Consolidate our leadership Grow Jameson and Absolut and Continuing to and Middle East leveraging in Central and Eastern Europe Area, leverage the Gin & Aperitif drive our Whiskies, Absolut and Mainstream in particular in Whiskies opportunity in Western Eu
Slide 5: Strategic Update: Supported by a clear Transformation Agenda
Strategic Update Marketing Digital Fit For Purpose … Supported Transformation Acceleration Organization by a clear Group & Regional Transformation More Consumer Centric Data Driven Sales Force UnITy 4 IT hubs Agenda Market Companies focused on E-Commerce Acceleration 2 IT Centers of Excellence Best
Slide 6: Main recent People changes in the Management Teams since March 20
Main recent People changes in the Management Teams since March 20 Management Entities MDs Market Co MDs Sola OKE Miroslava SIMOVA Mauve CROIZAT Managing Director Managing Director Managing Director West Africa & Nigeria Jan Becher & Slovakia Northern Europe + Sweden Francisco JUNIOR Helena DIONISIO
Slide 7: FY20 demonstrating Business Acceleration prior to COVID-19 & Strong Resilience overall
FY20 demonstrating Business Acceleration prior to COVID-19 & Strong Resilience overall Encouraging start of the year in a still challenging & heterogeneous context H1 FY20 FY20 Q1 FY21 Improved market share in most of our key markets Organic +5% Solid Growth -5% Resilience & Agility -2% Encouraging
Slide 8: Gaining market share
Market Share Share Share Stability losses gains Spain (On & Off-trade) Gaining Germany WESTERN EUROPE market share AREA Italy - Whisky Italy – Vodka in most of UK Sweden key markets, pre & post CENTRAL & EASTERN EUROPE Russia Poland - Whisky COVID-19 AREA AFRICA & MIDDLE South Africa Turkey EAST ARE
Slide 9: Strategic Priorities
Strategic Priorities 9
Slide 10: Sustainability & Responsibility Strategy
Sustainability & Responsibility Strategy 4 commitments and an ambition for 2030 with specific Transversal Regional Priorities Agave Snow leopard fields Protection (ISO 9000) 10
Slide 11: Sustainability & Responsibility Actions
Sustainability & SUPPORT OUR COMMUNITY Responsibility Actions Actions fully aligned with our Training & Support to 2 000 priorities, bartenders in the UK Dedicated platform to bartenders in Fund to support bartenders and Partnership with Wine & Spirits South Africa waiters in Mexico integrating Educ
Slide 12: Very resilient Whisky portfolio
Whisky portfolio Very resilient Whisky portfolio performance across all geographies Ballantine’s “True Music” Jameson Backyard Cinema Chivas XV Roll-out The Glenlivet Caribbean Reserve launch Russia Germany Russia UK FY20 Sales decline vs. LY -4% Whisky Portfolio Double-Digit growth Double-Digit gro
Slide 13: Gin portfolio
Gin portfolio Beefeater Ki No Bi Pernod Ricard expanding and leveraging its diversified Gin Portfolio to seize the Category Boom FY20 Sales growth vs. LY +2% Total Gin Portfolio excluding Spain Double Q1 FY21 Sales growth vs. LY Monkey 47 Inverroche Malfy Total Gin Portfolio Digit excluding Spain 13
Slide 14: Aperitif: Reinforcing our ambition in a highly strategic segment
Aperitif Reinforcing our ambition in a highly strategic segment Lillet Germany - Pic-Nic activation Italicus Super Premium Liqueur FY20 Sales +41% growth vs. LY Petroni Q1 FY21 Sales +40% growth vs. LY Premium Galician Vermouth Brand 14
Slide 15: Innovation: Keep shaking up the Category Conventions
Innovation Flavoured Gins Innovation roll-out playing a key role in top line resilience, both Beefeater Beefeater Beefeater Pink Blood Orange Blackberry in FY20 and Q1 FY21 Category Conventions Keep shaking up the Incremental Growth* +1% In FY20 vs. LY Incremental Growth* Havana Club Verde Ballantin
Slide 16: Key Markets
Key Markets 16
Slide 17: Western Europe Markets
Western Europe Double digit decline Markets Continued strong momentum on top due to strong On-trade exposure line growth and market share gains Market share gains in both Off & On-trade Continued strong dynamism in Germany and UK On-trade support Absolut New Campaign “It’s in our Spirit” Malfy Spain
Slide 18: Eastern & Central Europe Markets
Eastern & Central Markets Return to market share gains Continued strong momentum on Europe in Q1 thanks to increased investments top line growth leveraging the Whisky portfolio depth Very resilient markets, mainly driven by Whisky portfolio driving the Ballantine’s #Stayhome Chivas XV launch Talks a
Slide 19: Africa & Middle East Markets
Africa & Middle East Markets Continued strong value growth Improving performance in Q1 driven by Whiskies despite economic crisis in Sub Saharan Africa and collapse of tourism after a very tough context Continued very strong growth Quick adaptation to increase Engagement in Turkey South Africa South
Slide 20: LATAM Markets
LATAM Markets Improving momentum Rebound in Q1 with market share gains mainly driven by local brands Key Markets Digital & E-commerce Contingency Plan From in person to virtual conviviality Find new entertaining ways to connect with people rebounding in Q1 Strong e-commerce acceleration plan and new
Slide 21: Conclusion
Conclusion ▪ Solid market share gains Resilient FY20 ▪ Sanitary conditions easing during summer & staycation phenomenon Performance ▪ In Europe, good Off-trade resilience but On-trade still down in Q1 confirmed by ▪ Context still difficult and very heterogeneous, by market and by brand Encouraging Q