Kemira Oyj · OMXHEX:KEMIRA
Kemira Oyj — Investor Day (November 2020)
13 slides from Kemira Oyj's investor day presentation, Nov 19, 2020
Slide 1: Pulp & Paper: Building on our improved profitability
CAPITAL MARKETS DAY 2020 Pulp & Paper: Building on our improved profitability HARRI ERONEN SVP, PULP & PAPER, EMEA
Slide 2: We have strengthened our business and improved profitability since 2017
We have strengthened our business and improved profitability since 2017 OPERATIVE EBITDA AND OPERATIVE EBITDA MARGIN DEVELOPMENT 1. BUSINESS FUNDAMENTALS: EUR • Focus on growing segments and product lines million % • Complexity reduction: streamlining P&P product portfolio 250 20 from 1,100 to 800 p
Slide 3: We have significantly improved profitability in Asia-Pacific
We have significantly AKD WAX INVESTMENT IN CHINA IMPROVING improved profitability ASIA-PACIFIC PROFITABILITY • Manufacturing facility fully operational with in Asia-Pacific positive EBITDA contribution as of Q1 2020 Key actions behind Asia-Pacific profitability • Capacity expansion: produces mainly
Slide 4: Upcoming investments will further strengthen our long-term performance
Upcoming investments will further strengthen our long-term performance B L E A C H I N G E X P A N S I O N I N U R U G U AY SOUTH KOREA • Multi-year agreement with UPM-Kymmene • Joint Venture with Yongsan Chemicals, includes bleaching capacity to existing Fray Kemira minority shareholder Bentos mill
Slide 5: Pulp & Paper profitability has been strong in 2020 despite unprecedented situation
Pulp & Paper profitability has been strong in 2020 despite unprecedented situation REVENUE: PROFITABILITY: • Economic slowdown impacted overall volumes, • Improved profitability due to good management of particularly in printing & writing applications variable and fixed costs. Efficiency improvement
Slide 6: Looking to the future
Looking to the future NOVEMBER 19, 2020 CAPITAL MARKETS DAY 2020 6
Slide 7: Markets impacted by COVID-19 in the short term, long-term drivers remain solid
Markets impacted by COVID-19 in the short term, long-term drivers remain solid SHORT TERM IMPACT LONG TERM IMPACT EXPECTED CAGR OF COVID-19 OF COVID-19 2020-2026* Graphic Paper Demand declined, particularly advertising-driven paper Structural decline and digitalization likely to consumption and offi
Slide 8: From our existing markets, we see growth opportunities in Asia-Pacific and in Pulp
From our existing markets, we see growth opportunities in Asia-Pacific and in Pulp AS I A - PA C I F I C PULP • Customer demand to shift increasingly to • Growth in pulp expected to be driven by Asia-Pacific with most of new board and paper increasing need for packaging and tissue production capacit
Slide 9: We are looking to transform our portfolio more towards biobased products
We are looking to transform our portfolio more towards biobased products C U S T O M E R S S E E K I N G A D D E D VA L U E WE WILL BECOME THE LEADING F R O M S U S TA I N A B I L I T Y A N D P R O V I D E R O F S U S TA I N A B L E B I O M AT E R I A L S C H E M I C A L S O L U T I O N S F O R W AT
Slide 10: Barrier market provides interesting opportunities in the long term
Barrier market provides interesting opportunities in the long term • Consumers expect significantly more THE BARRIER MARKET IS EXPECTED TO GROW RAPIDLY sustainable packaging from brand-owners EUR billion • Brand owner initiatives Phasing out ”non- 12 Dispersion barrier market (Kemira’s recyclable” p
Slide 11: Our focus is to maintain profitability while increasing focus on growth
Our focus is to maintain profitability while increasing focus on growth PRIORITIZED GROWTH ACTIONS FURTHER PROFITABILITY • Shift current portfolio more IMPROVEMENT towards packaging and tissue ON-GOING • Continuous performance and • Disciplined price and cost • Capture growth in Asia-Pacific cost-st
Slide 12: KEMIFA bemisty
KEMIFA 100 bemisty
Slide 13: We have a strong position particularly in EMEA
We have a strong position particularly in EMEA PULP PACKAGING & TISSUE PRINTING & WRITING EMEA Market position #1/2 #1/2 #1/2 Market outlook North America Market position #3/4 #3 #2/3 Market outlook APAC Market position n.a. #1/2 #1/2 Market outlook South America Market position #2 #2/3 #2/3 Market