Flexopack Sa Plastics · ATHEX:FLEXO
Flexopack Sa Plastics — Flexopack — FY2017 Earnings Presentation
16 slides from Flexopack Sa Plastics's earnings presentation, May 21, 2018
Slide 1: Corporate Presentation: Innovation in Flexible Packaging
Corporate Presentation Innovation in Flexible Packaging 1 Corporate Presentation 12M:2017
Slide 2: Highlights
HIGHLIGHTS 12M-2017 Results (‘000s Euro) Sales: 81.523 +16,0% EBITDA: 14.386 +26,5% EBT: 10.374 +36,4% Shareholders Equity: 61.596 +14,1 % Total Assets: 102.176 +11,1 % 2 Corporate Presentation 12M:2017
Slide 3: At a Glance
AT A GLANCE Flexopack is a European producer of barrier and non barrier multilayer co-extruded films for flexible packaging applications Flexopack distributes its product portfolio mainly in the fresh and processed food industry Flexopack emphasizes in innovation, new product development, quality an
Slide 4: Products
PRODUCTS Product portfolio Includes a great variety of films to the highest quality standards for consumer and industrial packaging. • High barrier shrink bags • Vacuum films • Vacuum Skin packaging • Barrier and high barrier FFS films • Lamination films These products offer innovative packaging sol
Slide 5: Products
PRODUCTS 5 Corporate Presentation 12M:2017
Slide 6: 2017 Overview
2017 OVERVIEW Flexopack had a record year in 2017 both in sales, profitability and investments. It was the year with the most capital investments made in its history. Some of the important milestones of the year: Completed our new 7000m2 facilities in Koropi Around 85% of our business is outside of
Slide 7: The Group: Flexopack S.A. Subsidiaries
The Group FLEXOPACK S.A. SUBSIDIARIES FLEXOPACK FLEXOSYSTEMS LTD FLEXOPACK INTERNATIONAL LIMITED POLSKA SP. Z O.O. - Serbia (100%) - Cyprus (100%) - Poland (100%) FLEXOPACK FLEXOPACK TRADE AND PROPERTIES LTD FLEXOPACK PTY LTD SERVICES UK LIMITED - Australia (100%) - Australia (100%) U.K. (100%) FLEX
Slide 8: The Group: Affiliates
The Group AFFILIATES Inova S.A. – (50%) Vlachos S.A. – (47,71%) Greece Greece Rigid Packaging – Bag-in-Box Rotogravure Printer 8 Corporate Presentation 12M:2017
Slide 9: Consolidated Financials
CONSOLIDATED FINANCIALS 9 Corporate Presentation 12M:2017
Slide 10: Income Statement
Income Statement GROUP COMPANY Thous. € 12M-2017 12M-2016 D 12M-2017 12M-2016 D Sales 81.523 70.251 16,0% 70.284 67.416 4,3% Gross Profit 20.432 16.859 21,2% 17.775 15.179 17,1% Gross Profit Margin 25,1% 24,0% 25,3% 22,5% EBITDA 14.386 11.371 26,5% 14.144 11.651 21,4% EBITDA Margin 17,6% 16,2% 20,1%
Slide 11: Country Turnover Breakdown
Country Turnover Breakdown Thous. € 12M-2017 12M-2016 % Greece 11.924 12.885 -7,46% % of total sales 14,6% 18,3% Europe 34.648 29.630 16,94% % of total sales 42,5% 42,2% Other Countries 34.951 27.736 26,01% % of total sales 42,9% 39,5% Total Exports 69.599 57.366 21,32% % of total sales 85,4% 81,7%
Slide 12: Cash Flow
Cash Flow Thous. € 12M-2017 12M-2016 Earnings before taxes 10.374 7.603 Adjustements 4.287 3.918 Gross Cash Flow 14.661 11.521 Change in Working Capital (2.403) (868) Inc ome tax paid (3.326) (2.644) Operating Cash Flow 8.932 8.009 Cash Flow from Investment (12.873) (5.756) Net Cash Flow Before Fina
Slide 13: Capital Management
Capital Management GROUP COMPANY Thous. € 12M-2017 12M-2016 12M-2017 12M-2016 Group Company Long-term bank debt 10.551 4.791 9.125 3.000 31/12/2011 31/12/2010 31/12/2011 31/12/2010 Short-term bank debt 6.182 10.498 5.411 9.875 Long-term bank debt 4.792 6.226 4.676 6.036 Total Bank Debt 16.733 15.289
Slide 14: CAPEX
CAPEX GROUP Thous. € 2013 2014 2015 2016 2017 TOTAL Sales 54.567 58.273 61.201 70.251 81.523 325.815 CAPEX 2.903 7.064 5.938 7.775 11.045 34.725 % On Sales 5,3% 12,1% 9,7% 11,1% 13,5% 10,7% 14 Corporate Presentation 12M:2017
Slide 15: Summary Balance Sheet
Summary Balance Sheet Thous.€ 12M-2017 12M-2016 D ASSETS Tangible & Intangible Assets 49.381 42.028 17,5% Investments in Associate Companies 3.036 2.413 25,8% Other L.T.assets 291 317 -8,2% Total Non Current Assets 52.708 44.758 17,8% Inventories 17.377 15.909 9,2% Trade Debtors 12.254 9.460 29,5% O
Slide 16: Disclaimer
Disclaimer This presentation contains public available information, serves only informative purposes and it does not form or can either be referred as a buy, sell or hold encouragement for shares. Investors must decide upon their investments based on their own investing preferences, financial status