Aak Ab · OMXSTO:AAK
Aak Ab — Shareholder Meeting (May 2019)
23 slides from Aak Ab's shareholder meeting presentation, May 15, 2019
Slide 1: Annual General Meeting May 15, 2019
Johan Westman President and CEO Annual General Meeting May 15, 2019 The Co-Development Company
Slide 2: We are AAK – The Co-Development Company
We are AAK – The Co-Development Company More than 3,700 Talented Employees More than 20 Production and Customization plants 25 Sales offices Sales in100 countries Global footprint Leading positions The Co-Development Company
Slide 3: A business model focused on collaboration, value and growth
A business model focused on collaboration, value and growth >140 years of experience within oils & fats Value-adding vegetable oil solutions Expertise in lipid technology within foods and special nutrition applications Wide range of raw materials Broad process capabilities – develops innovative and
Slide 4: Three business areas
Three business areas Food Ingredients Chocolate & Confectionery Fats Technical Products & Feed Largest business area Market leader within functional cocoa Fatty acids and glycerine Strong organic growth butter alternatives Proteins and fats for animal feed Solutions to the bakery, dairy, foodservice
Slide 5: Management ambition
Management ambition Innovation Organic & growth Product Mix Average 10% year-over-year EBIT improvement* & Supporting a good and consistent EPS improvement Strategic Efficiency acquisitions *Excluding acquisitions and at fixed FX The Co-Development Company
Slide 6: 2018 in brief
2018 in brief Highlights Key Ratios Operating profit increased 2018 by 10%, in line with our management ambition 8th consecutive year with record-high operating Volume 2,239,000 MT Operating profit SEK 1,956 million (+10%) (+5%) profit Record-high operating profit for all business areas Operating pr
Slide 7: Milestones 2018
Milestones 2018 100 years anniversary New Customer Innovation Centers Bild kommer läggas till Mexico Singapore Hull, UK Runcorn, UK New Customization Plant GCC region MTN program Sweden Philippines Dubai The Co-Development Company
Slide 8: Consistent EPS growth drives consistent dividends
Consistent EPS growth drives consistent dividends Earnings per share Dividends per share 5,33 1,85 5,21 4,71 1,63 10% 3,95 11% 1,46 3,70 1,29 3,53 1,13 2,98 1,00 2,62 0,88 2,36 2,45 0,79 0,75 0,71 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019* 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019**
Slide 9: Sustainable growth – fundamental for AAK
Sustainable growth – fundamental for AAK Ranked among the 100 most sustainable corporations in the world. Our clients value our sustainability work. Continued progress on sustainability implementation and making a difference for smallholders. Continued progress on environmental efficiency. Developin
Slide 10: Global sustainability achievements 2018
Global sustainability achievements 2018 The Co-Development Company
Slide 11: Sustainable sourcing of raw materials – important progress during the year
Sustainable sourcing of raw materials – important progress during the year The number of women engaged in our direct shea sourcing program Kolo Nafaso is more than 134,000 Together with Proforest, AAK conducted a risk assessment in 2018 for our coconut supply chains As for sustainable sourcing of pa
Slide 12: Substantial contributions to the Sustainable Development Goals
Substantial contributions to the Sustainable Development Goals High contribution Medium contribution Low contribution The Co-Development Company
Slide 13: Q1 2019 – strong organic growth and strategic investments
Q1 2019 – strong organic growth and strategic investments Highlights Key Ratios Food Ingredients 2019 Operating profit +14% Dairy segment and Volume Operating profit* Foodservices particularly strong 572,000 MT SEK 509 million All geographic markets +4% +11% showed good progress Chocolate & Confecti
Slide 14: MaasRefinery – to accelerate growth, strengthen the European supply chain
MaasRefinery – to accelerate growth, strengthen the European supply chain and add operational capabilities Capacity is approximately 40,000 MT with room for expansion Port of Rotterdam Strategically located next to a deep-sea terminal in Rotterdam Established in 2009 and designed according to the la
Slide 15: BD Foods – a good fit with our global foodservice expansion
BD Foods – a good fit with our global foodservice expansion Produces tailor-made restaurant quality meal accompaniments including sauces, salsas, chutneys, vinaigrettes, infused oils and dressings Portfolio of over 3,000 products Wide range of customers including restaurants, hotels, airlines, whole
Slide 16: Strong trends ensure our growth
Strong trends ensure our growth Trace- Spår- Better- Bättre barhet for-youdig för ability Natural/ Naturligt/ Social Sociala Organic organiskt media medier Trans-parens Hälsa Health && Trans- välbefin-nande parency Wellbeing Ethical Etiskt levnads-sätt Living Just- Speciellt för for-me mig Custom- S
Slide 17: Even more plant-based foods
Even more plant-based foods The Co-Development Company
Slide 18: FLEXITARIAN
Our diets are changing FLEXITARIAN The Co-Development Company
Slide 19: We listen. We care. We act.
Global Customer Survey ! We listen. We care. We act. The Co-Development Company
Slide 20: Mergers & Acquisitions Strategy
Mergers & Acquisitions Strategy New platforms for continued Geographic expansion / accelerated growth Capacity Vertical integration Technology and capabilities Adjacent product portfolios The Co-Development Company
Slide 21: Why invest in AAK?
Why invest in AAK? 1 2 3 Products in Non-cyclical Strong growth line with business – proven trends track record The Co-Development Company
Slide 22: Plant-based, healthy, high value-adding oils and fats solutions
We offer plant-based, healthy, high value-adding oils and fats solutions by using our customer co-development approach. In addition, we see favorable underlying trends in the food industry. Thus, we continue to remain prudently optimistic about the future. The Co-Development Company
Slide 23: www.aak.com
www.aak.com The Co-Development Company