Bonduelle Sca · EURONEXT:BON
Bonduelle Sca — Bonduelle — Investor Presentation (October 2016)
86 slides from Bonduelle Sca's investor presentation, October 2016
Slide 1: Well Living through Vegetable Products
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products “ WELL LIVING THROUGH ” VEGE- TABLE PRODUCTS
Slide 2: Contents
“WELL LIVING” through VEGETABLE products CONTENTS A COMPANY KEY FIGURES BUSINESS HISTORY... ANNUAL MODEL AND RESULTS VALUES The Bonduelle group Strategy OUTLOOKS Key figures ► A company history...and values ► The vegetable market ► A few figures regarding ► Shareholder objectives ► Economic developm
Slide 3: A family-based agro-industrial history
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products A FAMILY-BASED AGRO-INDUSTRIAL HISTORY 1997 1947 7 GENERATIONS Launch of the fresh range INVOLVED SINCE 1853 Creation of the Bonduelle brand 1926 1962 P. and B. Bonduelle Launc
Slide 4: Shareholder objectives
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products SHAREHOLDER OBJECTIVES EMPLOYEE INDEPENDENCE SUSTAINABILITY DEVELOPMENT 4|
Slide 5: Governance – a public family-run company
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products GOVERNANCE – A PUBLIC FAMILY-RUN COMPANY MAIN SHAREHOLDER OTHER BONDUELLE FLOATING EMPLOYEES AND GENERAL PARTNER FAMILIES + TREASURY STOCK BONDUELLE FAMILY 29.80% 24.59% 40.53%
Slide 6: The Supervisory Board
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products THE SUPERVISORY BOARD Ensures permanent control of company management on behalf of the Shareholders. Martin Isabelle Danjou Laurent Ducroquet, Vice-Chairwoman Bonduelle Chairma
Slide 7: The Accounts Committee
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products THE ACCOUNTS COMMITTEE By delegation of the Supervisory Board, this committee is responsible for supervising the financial matters. Yves Tack, Chairman Isabelle Danjou Marie-An
Slide 8: The Ethical Committee
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products THE ETHICAL COMMITTEE Its aim is to support the ethical principles implemented by Bonduelle. It also provides advice on ethical issues; its role is purely advisory. Jean-Bernar
Slide 9: The Board of Directors
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products THE BOARD OF DIRECTORS Made up of Bonduelle family members and independent members, this Board is responsible for defining the company's strategy and investment policy. Christo
Slide 10: The Compensation Committee
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products THE COMPENSATION COMMITTEE This committee is independent and recommends the compensation granted Bonduelle family members working at Bonduelle. The committee also gives its opi
Slide 11: Our organization
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products OUR ORGANIZATION CENTRAL DEPARTMENTS Executive Committee PROSPECTIVE & • External Relations & Communication, DEVELOPMENT DIVISION and Sustainable Development • New markets • Fi
Slide 12: The Executive Committee
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products THE EXECUTIVE COMMITTEE It encompasses Chairman, the branch directors located in and outside Europe, the Director of “Pôle Prospective et Développement” and the Directors of Fi
Slide 13: Our ambition: to be the world reference
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products OUR AMBITION TO BE THE WORLD REFERENCE “WELL LIVING” WHO through VEGETABLE ensures products 13 |
Slide 14: The values that guide us
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products THE VALUES THAT GUIDE US OPEN EXCELLENCE MINDEDNESS PEOPLE SIMPLICITY MINDED INTEGRITY CONFI- FAIRNESS DENCE 14 |
Slide 15: People and respect for our natural environment
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products PEOPLE AND RESPECT FOR OUR NATURAL ENVIRONMENT AT THE HEART OF OUR DEVELOPMENT Challenges Our commitments SOCIAL AND FEEDING people People and safety SOCIETAL Quality and nutri
Slide 16: Management integrated into governance
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products MANAGEMENT INTEGRATED INTO GOVERNANCE Executive Committee Sets the CSR policy Business Unit External steering committees CSR Steering Committee stakeholders Guarantee the Busin
Slide 17: CSR performance key figures
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products CSR PERFORMANCE KEY FIGURES 95% NATURAL SUPPLY CHAIN AGRONOMY of 3,440 RESOURCES - 50% AND PURCHASING 6,982 water consumption savings in 10 years tonnes of CO2 emissions farmer
Slide 18: Man and safety: trust and personal development
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products MAN AND SAFETY: FOCUS ON TRUST AND PERSONAL DEVELOPMENT -22 % TRAINING EMPLOYEE DEVELOPMENT WORK ACCIDENTS 1.44% TRAINING RATE MEETING 79% in 2015-2016 IN 2015-2016 18,8 20 OBJ
Slide 19: Well Living through Vegetable
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products
Slide 20: Quality and nutrition
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products QUALITY AND NUTRITION: INCREASINGLY SAFE PRODUCTS, NUTRITIONAL ANSWERS Quality and safety SITE AND PROCESS Healthy and natural CERTIFICATION eating 97% NUTRITIONAL OPTIMISATION
Slide 21: Well Living through Vegetable
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products
Slide 22: The Louis Bonduelle Foundation
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products SUSTAINABLY DEVELOPING EATING HABITS THE LOUIS RECOGNISED BONDUELLE BY HEALTH PROFESSIONALS* FOUNDATION 91% FAVOURABLE OPINION ITS OBJECTIVES SINCE 2004 171 PROJECTS SUPPORTED
Slide 23: Sustainably developing eating habits
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products SUSTAINABLY DEVELOPING EATING HABITS Very good Very bad Opinion Way Foundation study Quite good Don't Image of organization or foundations Quite bad know Good opinion The Louis
Slide 24: Stakeholders: share, discuss, consider
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products STAKEHOLDERS: SHARE, DISCUSS, CONSIDER Involvement in local life 27 SITES DEPLOYED AT LEAST ONE PROJETC Relations with Humanitarian stakeholders development OBJECTIVE 1 ON EACH
Slide 25: Agronomy: respect for soil and biodiversity
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products AGRONOMY: SHARED DYNAMICS WITH THE AGRICULTURAL WORLD RESPECT FOR SOIL AND BIODIVERSITY THE SUPPLY CHARTER MONITORING NETWORK 430 INSECT TRAPS 95% SIGNATURES BIODIVERSITY 500 V
Slide 26: Well Living through Vegetable
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products
Slide 27: Supply models
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products SUPPLY MODELS Producer organisations, cooperatives, federations COMPANY PRODUCER PRODUCTION SITES GROUPS France, Spain, France, Germany, Spain, Canada, USA, Russia Italy, Portu
Slide 28: A close partnership with the agricultural world
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products A CLOSE PARTNERSHIP WITH THE AGRICULTURAL WORLD Canada 40,000 ha France 35,000 ha CONTRACTS SIGNED WITH USA 15,000 ha 3,440 OVER Hungary - Poland 16,000 ha FARMERS 128,000 HECT
Slide 29: Well Living through Vegetable
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products
Slide 30: Proficiency in the direct supply process
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products PROFICIENCY IN THE DIRECT SUPPLY PROCESS Complaint follow-up PROVISIONAL PROGRAMME Producer assessment Surfaces to be harvested Progress plan AGRO CHARTER REPORTS: Documentary
Slide 31: Natural resources: industrial and environmental durability
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products NATURAL RESOURCES: SEE THE SLIDE SHOW ENSURING INDUSTRIAL AND ENVIRONMENTAL DURABILITY WASTE RECYCLING, RECOVERY ENVIRONMENTAL PROTECTION OBJECTIVE 80% € 2,7 M OF INVESTMENTS 8
Slide 32: Well Living through Vegetable
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products
Slide 33: Bonduelle eco-design
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products PROTECTING NATURAL RESOURCES BONDUELLE ECO-DESIGN MEASURING THE COMPANY'S ENVIRONMENTAL FOOTPRINT RESPONSIBLE SUPPLIES (CHARTERS/CONTRACTS) REDUCED INPUT (GROWING METHODS) LIMI
Slide 34: Protecting natural resources
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products PROTECTING NATURAL RESOURCES GROUP'S CARBON FOOTPRINT REPORT INDUSTRY (energy sources + refrigerants + waste) DISTRIBUTION PROFESSIONAL OF GHG AND PERSONAL TRIPS 10% EMISSION W
Slide 35: Transport and supply chain optimisation
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products TRANSPORT AND SUPPLY CHAIN: INNOVATION LEADING TO OPTIMISATION CO2 ALTERNATIVES TO SUPPLIER EMISSIONS ROAD TRANSPORT INVOLVEMENT OBJECTIVE OBJECTIVE RESPECT FOR THE PRINCIPLES
Slide 36: Innovating to optimize transport
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products INNOVATING WITH A VIEW TO OPTIMIZING TRANSPORT Product transport flow Custo mers Plant Plant Fields Sales warehouse Fields Custo mers Plant Plant Plant Logistical platform/Pack
Slide 37: Vegetables, a huge market
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products VEGETABLES, A HUGE MARKET % FOOD +/- 6 EXPENSES €81 billion €72 billion NORTH IN EUROPE AMERICA Source : Food For Thought 2015 37 |
Slide 38: Bonduelle, the only vegetable front-runner
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products BONDUELLE, THE ONLY VEGETABLE FRONT-RUNNER IGLO BIRDS EYE MIX BUFFET Ready meals, SODEBO MC CAIN pizza, fish, etc. GÉANT VERT STALAVEN PINGUIN MARTINET D’AUCY ARDO GÉANT VERT F
Slide 39: Continuous growth
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products CONTINUOUS GROWTH THRIVES INTERNATIONAL NEW PRODUCT CATEGORIES THANKS TO: DEVELOPMENT USA South America Canada Mushrooms 2 Eastern plants in France Central Europe Prepared good
Slide 40: Priority given to long term projects
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products PRIORITY GIVEN TO LONG TERM PROJECTS AGRONOMIC INVESTMENT INVOLVEMENT In Industrial Research and our brands producers development % 3,440 % 40 more than 1 PRODUCER PARTNERS 6 O
Slide 41: Unique infrastructure: closer to our customers
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products UNIQUE INFRASTRUCTURE: CLOSER TO OUR CUSTOMERS POLAND 2 plants CANADA GERMANY 8 plants 2 plants 1 agricultural site BELGIUM USA 1 logistical platform 3 plants FRANCE 1 logistic
Slide 42: Technological expertise
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products TECHNOLOGICAL EXPERTISE A NATURAL PRESERVATION PROCESS: TEMPERATURE TURNOVER 2015 - 2016 FROZEN (-18°C) PER TECHNOLOGY 30% €1,968 M CANNED (room FRESH PROCESSED (+4°C) temperat
Slide 43: Canned in less than half a day
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products CANNED IN LESS THAN HALF A DAY 43 |
Slide 44: Manufacturing of frozen vegetables
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products MANUFACTURING OF FROZEN VEGETABLES IN LESS THAN HALF A DAY 44 |
Slide 45: Ready-to-use salads in less than half a day
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products READY-TO-USE SALADS IN LESS THAN HALF A DAY 45 |
Slide 46: Manufacturing of prepared salads
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products MANUFACTURING OF PREPARED SALADS IN LESS THAN HALF A DAY 46 |
Slide 47: International scope: multi-local development
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products INTERNATIONAL SCOPE Compliance Local supply "MULTI-LOCAL" with market preferred DEVELOPMENT specificities TURNOVER 2015 - 2016 SALES PER GEOGRAPHY TURNOVER OUTSIDE EUROPE ZONE
Slide 48: Canned products market shares
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products CANNED PRODUCTS BONDUELLE No.1 IN EUROPE No. 1 AND IN CANADA 83% 30% OF MARKET SHARES No. 3 7% No. 1 No. 1 35% IN EUROPE No. 28% No. 1 1 42% 83% No. 33% No. No. 1 1 1 32% 32% N
Slide 49: Frozen products market shares
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products FROZEN PRODUCTS BONDUELLE No.2 IN EUROPE No.2 12% 12% No.1 No.1 OF MARKET SHARES 84% IN EUROPE 13% No.1 19% No.1 IN CANADA No.2 5% No.2 84% OF MARKETS 12% SHARES IN CANADA Mark
Slide 50: Fresh products market shares
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products FRESH PRODUCTS BONDUELLE Fresh cut salads No.1 No.1 IN EUROPE Prepared salads No.2 33% 24% No.1 21% 27% OF MARKET No.1 SHARES 29% Market share for Retail producer, by value Sou
Slide 51: Four strong brands
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products FOUR STRONG BRANDS CORE MARKET PREMIUM CORE MARKET CORE MARKET MULTI- CANNED GOODS FROZEN RUSSIA TECHNO- AND CIS LOGY FRANCE CANADA MULTI- CIRCUIT INTERNA- TIONAL 51 |
Slide 52: Excellent brand awareness
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products EXCELLENT BRAND AWARENESS Unaided awareness 2014 Market shares Position (total to date) 43% 14.2%(1) Germany LEADER 33% 16.2% Belgium LEADER 16% 13.4% Canada (Arctic Gardens) N
Slide 53: Customer brands
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products CUSTOMER BRANDS A WIDE ARRAY OF BRANDS A HIGHLY SELECTIVE THAT MEET ALL RETAIL BRAND POLICY CUSTOMER REQUIREMENTS TURNOVER DISTRIBUTION 2015-2016 Other* Retail brands Retail br
Slide 54: Distribution circuits
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products DISTRIBUTION CIRCUITS: STRONG PRESENCE IN HYPERMARKETS/SUPERMARKETS AND IN THE FOOD SERVICE SECTOR INDUSTRIAL FOOD SERVICE CUSTOMERS TURNOVER 20% 6% DISTRIBUTION 2015-2016 €1,9
Slide 55: A few figures concerning the Bonduelle Group
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products A FEW FIGURES CONCERNING THE BONDUELLE GROUP 54 INDUSTRIAL OR AGRICULTURAL €1,968 M €103.5 M SITES In 12 countries IN TURNOVER IN CURRENT OPERATING Of which 69% outside France
Slide 56: Turnover distribution by geographical zone
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products TURNOVER DISTRIBUTION 2015 - 2016 ACCORDING TO GEOGRAPHICAL ZONES €1,968 M IN TURNOVER 31 France% 26 North % America 11 Germany % 10 Italy% 8 Eastern Europe % (1) 4 Central Eur
Slide 57: Development of the distribution of turnover
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products DEVELOPMENT OF THE DISTRIBUTION OF TURNOVER 1992 2015 - 2016 €600 M €1,968 M FROZEN PREPARED FRESH 33% 21% CANNED FROZEN CANNED 67% 30% 49% GERMANY FRANCE OUTSIDE EUROPE 25% ZO
Slide 58: A deep cultural shift
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products A DEEP CULTURAL SHIFT 1988 2015-2016 3,500 PERMANENT 7,100 PERMANENT OUTSIDE FRANCE OUTSIDE EUROPE FRANCE 24% 32% 46% EUROPE (EXCLUDING FRANCE FRANCE) 76% 22% 58 |
Slide 59: FY 2015-2016 strong performance in a difficult environment
“WELL LIVING” A company Key figures Business through 2016 ANNUAL RESULTS history... model Annual results VEGETABLE and values Outlooks products FY 2015-2016 STRONG PERFORMANCE IN A DIFFICULT ENVIRONMENT
Slide 60: Sales growth, negative impact of foreign currencies
“WELL LIVING” through FY 2015-2016 : ANOTHER YEAR OF A company history... Business Key figures Annual results model VEGETABLE ACTIVITY GROWTH and values Outlooks products SALES GROWTH GROWTH, STILL NEGATIVE IMPACT OF FOREIGN CURRENCIES 2,032.9 M€ +2.6% 1,981.8 M€ +46.9 M€ 1,967.7 M€ +2.4% -0.7% -61.
Slide 61: Impact of currencies on revenue
“WELL LIVING” through GROWTH IMPACTED BY A company history... Business Key figures Annual results model VEGETABLE EXCHANGE RATES EFFECTS and values Outlooks products IMPACT OF CURRENCIES ON REVENUE HEAVY IMPACT OF ROUBLE Currencies evolution Currencies impact over 4 years Average rate 2015-2016/€ Ev
Slide 62: Revenues per area
“WELL LIVING” A company Key figures through Business VEGETABLE A GROWTH DRIVEN BY THE NON-EUROPE ZONE history... and values model Annual results Outlooks products REVENUES PER AREA GROWTH IN LIKE FOR LIKE BASIS EXCEEDING THE OBJECTIVES SET Turnover 2015-16 Like for like Reported figures in million o
Slide 63: Evolution of sales
“WELL LIVING” A company Key figures through Business VEGETABLE CONTINUOUS GROWTH history... and values model Annual results Outlooks products EVOLUTION OF SALES 4 QUARTERS OF ORGANIC GROWTH, A HIGH VOLATILIY 2015-2016 +2.4% 4.1% 3.-% 1.5% 0.9% 0.4% -0.3% -1.-% Constant rates -1.8% Current rates Q1 Q
Slide 64: Geographical breakdown of sales
“WELL LIVING” through RESILIENCE IN EUROPE AND A company history... Business Key figures Annual results model VEGETABLE GROWTH OUTSIDE EUROPE and values Outlooks products BUISINESS PORTFOLIO GEOGRAPHICAL BREAKDOWN OF SALES NON EUROPE 2015-2016 Growth 2015-2016 35% At constant exchange rates and scop
Slide 65: Sales growth by brands
“WELL LIVING” through GROWTH SUPPORTED BY STRONG BRANDS, A company history... Business Key figures Annual results model VEGETABLE GLOBAL AND LOCAL and values Outlooks products BUSINESS PORTFOLIO SALES GROWTH BY BRANDS 2015-2016 Growth 2015-2016 At constant exchange rates and scope of OTHERS BRANDS c
Slide 66: Sales growth by distribution channel
“WELL LIVING” A company Key figures through Business VEGETABLE GROWTH IN ALL DISTRIBUTION CHANNELS history... and values model Annual results Outlooks products BUSINESS PORTFOLIO SALES GROWTH BY DISTRIBUTION CHANNEL 2015-2016 Growth 2015-2016 At constant exchange rates and scope of consolidation OTH
Slide 67: Sales growth by technology
“WELL LIVING” A company Key figures through Business VEGETABLE GROWTH IN ALL TECHNOLOGIES history... and values model Annual results Outlooks products BUSINESS PORTFOLIO SALES GROWTH BY TECHNOLOGY 2015-2016 Growth 2015-2016 At constant exchange rates and scope of READY-TO-USE FRESH CANNED consolidat
Slide 68: Evolution of the current operating profitability
“WELL LIVING” A company Key figures through Business VEGETABLE CURRENT OPERATING PROFITABILITY history... and values model Annual results Outlooks products EVOLUTION OF THE CURRENT OPERATING PROFITABILITY PERFORMANCE HIGHER THAN OBJECTIVES SET 2015-2016 2015-2016 2014-2015 In million of € Constant C
Slide 69: Current operating profitability by region
“WELL LIVING” A company Key figures through Business VEGETABLE CURRENT OPERATING PROFITABILITY history... and values model Annual results Outlooks products CURRENT OPERATING PROFITABILITY BY REGION STILL A DIFFERENCE IN PROFITABILITY BETWEEN AREAS 2015 - 2016 2014 - 2015 Non- Non-Europe at Non- In m
Slide 70: Currencies impact on performance evolution
“WELL LIVING” through CURRENCIES IMPACT A company history... Business Key figures Annual results model VEGETABLE ON PERFORMANCE EVOLUTION and values Outlooks products EVOLUTION OF SALES AND CURRENT OPERATING PROFITABILITY AT 2012-2013 EXCHANGE RATES 2,147.7 2,089.- At 2012-2013 rates + 13.3 % Report
Slide 71: Evolution of net income
“WELL LIVING” A company Key figures through Business VEGETABLE NET INCOME history... and values model Annual results Outlooks products EVOLUTION OF NET INCOME In million of € 2015-2016 2014-2015 ▲ Sales 1,967.7 1,981.8 - 0.7 % Current operating profit 103.5 111.5 - 7.2 % Non-recurring items (7.6) (2
Slide 72: Non-recurring items
“WELL LIVING” A company Key figures through Business VEGETABLE NON-RECURRING ITEMS history... and values model Annual results Outlooks products NON-RECURRING ITEMS: In million of € 2015-2016 Industrial reorganization expenses (9.4) UCR property proceeds + 3.5 Other incomes and charges (1.7) (7.6) ►
Slide 73: Financial results and taxes
“WELL LIVING” A company Key figures through Business VEGETABLE FINANCIAL RESULTS AND TAXES history... and values model Annual results Outlooks products FINANCIAL RESULT: In million of € 2015-2016 2014-2015 Debt cost (21.1) (23.-) Currency result + 5.2 + 2.7 Other components (5.5) + 1.1 (21.4) (19.3)
Slide 74: Evolution of net income
“WELL LIVING” A company Key figures through Business VEGETABLE NET INCOME history... and values model Annual results Outlooks products EVOLUTION OF NET INCOME In million of € 2015-2016 2014-2015 ▲ Sales 1,967.7 1,981.8 - 0.7 % Current operating profit 103.5 111.5 - 7.2 % Non-recurring items (7.6) (2
Slide 75: Strengthened financial profile: simplified balance sheet
“WELL LIVING” A company Key figures Business through STRENGTHNED FINANCIAL PROFIL history... model Annual results VEGETABLE and values Outlooks products SIMPLIFIED BALANCE SHEET (IN MILLION OF €) 2015-2016 2014-2015 ASSETS LIABILITIES ASSETS LIABILITIES Fixed assets 669.6 Equity 568.3 Fixed assets 6
Slide 76: Decrease in debt and gearing
“WELL LIVING” A company Key figures through Business VEGETABLE DECREASE IN DEBT AND GEARING history... and values model Annual results Outlooks products EVOLUTION OF DEBT AND LEVERAGE RATIO EXPEDITIOUS REINFORCEMENT AFTER 2012 ACQUISITIONS NET FINANCIAL DEBT (in million of €) NET DEBT/ REBITDA* 2012
Slide 77: Diversified and attractive debt profile
“WELL LIVING” through DIVERSIFIED AND ATTRACTIVE A company history... Business Key figures Annual results model VEGETABLE DEBT PROFILE and values Outlooks products ATTRACTIVE DEBT PROFILE USPP BANK 33% 34% Average rate: 3,08 % Average maturity: 3,8 ans Desintermediation rate: 67 % EURO PP 33% ► Exte
Slide 78: Stock price evolution
“WELL LIVING” A company Key figures Business through STOCK PRICE EVOLUTION history... model Annual results VEGETABLE and values Outlooks products Bonduelle stock price evolution from October 1st 2015 to September 25th 2016 120 Annual 115 Results Dividend Q2 Sales sharing 110 Bonduelle stock 105 CAC
Slide 79: Outlooks 2016-2017
“WELL LIVING” A company Key figures through Business history... Annual results model VEGETABLE and values Outlooks products OUTLOOKS 2016-2017
Slide 80: Our ambition: to be the world reference
“WELL LIVING” A company Key figures Business through VEGETABLE OUR AMBITION history... and values model Annual results Outlooks products TO BE THE WORLD REFERENCE “WELL LIVING” WHO through VEGETABLE ensures products 80 |
Slide 81: 2016-2017 group organization
“WELL LIVING” A company Key figures through Business VEGETABLE 2016-2017 GROUP ORGANIZATION history... and values model Annual results Outlooks products POLE PROSPECTIVE ET DEVELOPPEMENT • External relations & Communication and Sustainable Development • New markets • Finances Executive Comittee • Re
Slide 82: Organization: Bonduelle EurAsia Markets (BEAM)
“WELL LIVING” through ORGANIZATION : A company history... Business Key figures Annual results model VEGETABLE BONDUELLE EURASIA MARKETS (BEAM) and values Outlooks products ► Markets maturity ► Consolidation of Russia-Kazakhstan-Belarus Presence of the main FMCGs Sales: 130 M€ Growth of modern distri
Slide 83: Organization: Pole Prospective et Developpement
“WELL LIVING” through ORGANIZATION: A company history... Business Key figures Annual results model VEGETABLE POLE PROSPECTIVE ET DEVELOPPEMENT and values Outlooks products GOAL: MANAGING LONG TERM PROSPECTIVE IN LINE WITH VEGEGO! AMBITION Internet Digital Vending Machine Foodtruck Factory Market Pas
Slide 84: Campaigns
“WELL LIVING” A company Key figures through Business VEGETABLE CAMPAIGNS history... and values model Annual results Outlooks products Brazil New-York State Nord Picardie (France) 84 | Russia
Slide 85: Outlooks 2016-2017
“WELL LIVING” A company Key figures through Business VEGETABLE OUTLOOKS 2016 - 2017 history... and values model Annual results Outlooks products AN EXPECTED GROWTH OF PROFITABILITY OFFSET BY DIFFICULT 2016 CAMPAIGNS In million of € 2016 – 2017 (*) 2015 - 2016 ▲% SALES 2,010 – 2,025 1,968 +2%/+3% CUR
Slide 86: © B. Grossmann, Graphic Obsession, AFP Services, Bonduelle, DR
© B. Grossmann, Graphic Obsession, AFP Services, Bonduelle, DR