Aak Ab · OMXSTO:AAK
Aak Ab — Investor Presentation (November 2016)
19 slides from Aak Ab's investor presentation, Nov 14, 2016
Slide 1: Infant Nutrition
Karel Stoschek BU President Infant Nutrition 14/11/2016
Slide 2: Today’s agenda
Today’s agenda 1 Global performance 2 Global market 3 Future direction 4 Key takeaways 22 The Co-Development Company
Slide 3: Today’s agenda
Today’s agenda 1 Global performance 2 Global market 3 Future direction 4 Key takeaways 33 The Co-Development Company
Slide 4: Infant Nutrition – performance
Infant Nutrition – performance Volume ('000 MT) Operating profit (SEK million) 100 250 200 80 150 60 100 40 50 20 0 2010 2012 2014 2016 2010 2012 2014 2016 Operating profit per kilo (SEK) 3,00 2,60 2,20 1,80 1,40 1,00 0,60 0,20 2010 2012 2014 2016 4 The Co-Development Company
Slide 5: AAK Infant Nutrition at a glance
AAK Infant Nutrition at a glance Global organization Sales Serving customers Marketing from 12 plants R&D around the world Product management Customer innovation AAK Sweden AAK China AAK Netherlands Q1, 2017 AAK UK AAK US AAK Mexico AAK Belgium AAK Turkey AAK Asia-Pacific AAK Brazil AAK Kamani 5 The
Slide 6: Infant Nutrition – our value proposition to the industry
Infant Nutrition – our value proposition to the industry Growth in the current markets: INFAT is sold and marketed by Advanced Lipids* US, Europe, India, China Double-digit organic volume growth Double-digit organic volume growth New markets: New customers and markets: Pakistan, Iran,
Slide 7: Today’s agenda
Today’s agenda 1 Global performance 2 Global market 3 Future direction 4 Key takeaways 77 The Co-Development Company
Slide 8: Trends driving growth
Trends driving growth Sources: Euromonitor International, September 2016, World Bank & AAK 8 The Co-Development Company
Slide 9: Attractive industry
Attractive industry % of the category 62,5 B$ Special formula CAGR 9,7 % 7% (CAGR 6,5%) Premature, allergy 24,8 B$ Standard formula 29% (CAGR 7,9%) 0–6 months 2010 Milk formula global retail value US$ B 2020 Follow-on formula 21% (CAGR 8,7%) 6–12 months One of the fastest-growing packaged food categ
Slide 10: China – the key market
China – the key market CAGR 6,1 % Premium category growing 19M 16,65M E-commerce continuing to grow Regulatory changes in 2016 Customer consolidation Future birth rate growth 2015 Yearly birth rate in China 2019 Sources: China National Bureau of Statistics, September 2016 and AAK 10 The Co-Developme
Slide 11: Today’s agenda
Today’s agenda 1 Global performance 2 Global market 3 Future direction 4 Key takeaways 11 The Co-Development Company
Slide 12: Importance of lipids in nutrition
Importance of lipids in nutrition Lipids are essential nutrients and a vital energy source for healthy development throughout the human life. Brain development • Long-chain polyunsaturated fatty acids and brain health and phospholipids Bone strength • High omega 3 oils Reduced • High omega 3 oils in
Slide 13: Expanding to wider special nutrition markets
Expanding to wider special nutrition markets INFANT NUTRITION SENIOR NUTRITION MEDICAL NUTRITION New markets – New opportunities – New solutions 13 The Co-Development Company
Slide 14: Expanding to wider special nutrition markets – Senior Nutrition
Expanding to wider special nutrition markets – Senior Nutrition The elderly group in developed economies will grow from 164M in 2015 to 222M by 2030 35% The older consumers are increasingly focused on staying healthy for longer The 60+ age group has high spending power 60% of total urban cons
Slide 15: Expanding to wider special nutrition markets – Medical Nutrition
Expanding to wider special nutrition markets – Medical Nutrition Growth market due to aging population, CAGR of 4,6% (2014–2021) Parenteral nutrition, CAGR of 5,1% Enteral nutrition, CAGR of 4,4% Rising demand for health care services globally Higher health care spending in emerging market
Slide 16: Leverage a well-positioned business for future growth medium and long term
Leverage a well-positioned business for future growth medium and long term End consumers have similar needs Go-To-Market synergies Tailor-made blends Sourcing special oils Regulatory and food safety 16 The Co-Development Company
Slide 17: AAK capabilities for wider nutrition platform
AAK capabilities for wider nutrition platform AAK has strong knowledge and a solid reputation within speciality oils and fats Global production footprint Global commercial and knowledgeable Customer Innovation team Customer Co-Development approach FDA approved facility (GMP, API) for medical nutriti
Slide 18: Today’s agenda
Today’s agenda 1 Global performance 2 Global market 3 Future direction 4 Key takeaways 18 The Co-Development Company
Slide 19: Key takeaways – special nutrition
Key takeaways – special nutrition Infant Nutrition – further growth One of the fastest-growing packaged food categories Global production footprint and Go-To-Market organization Tailor-made solutions to match customer needs Robust project pipeline Senior and Medical Nutrition – new growth areas Glob