Origin Enterprises Plc · EURONEXT:OIZ
Origin Enterprises — Shareholder Meeting (November 2018)
17 slides from Origin Enterprises's shareholder meeting presentation, Nov 23, 2018
Slide 1: Annual General Meeting
Annual General Meeting 23 November 2018
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements. These statements have been made by the Directors in good faith based on the information available to them up to the time of the preparation of this presentation. Due to the inherent uncertainties, including both econom
Slide 3: 2018 Highlights
2018 Highlights 3
Slide 4: Financial Highlights
2018 Financial Highlights Results ahead Operating Profit: +4.6% to €71.2 million of guidance Adjusted EPS: +7.6% to 48.8 cent Strong contribution from associates Share of PAT: +70% to €7.2 million and joint venture Free Cashflow: +74.1% to €56.6 million Strong cash Year end debt: €38.4 million perfo
Slide 5: Operational Highlights
2018 Operational Highlights Agri-Services Strong business Investment in Digital roll out performance in new operating well advanced highly challenging capacity for in period season Feed business Integration of New seed acquisitions processing and completed input formulation in 2018 facility in Polan
Slide 6: Strategic Highlights
2018 Strategic Highlights Geographical diversification First time entry Brazil Seasonality balance in Latin America Building international scale Paraná New and devolved capability organised on a geographical profit centre basis Creating the building blocks for Enhanced Group services and functional
Slide 7: Business Overview & Strategy
Business Overview & Strategy 7
Slide 8: Origin's Business Model
Origin’s Business Model Research & development Own Product Crop Technology Digital Based Capabilities Partnerships 49,000 Services 10,000+ 700,000 ha customer fertiliser onboarded serving prescriptions in 2018 12.7m ha • Bespoke crop input development • High Service route-to-market • Advanced visual
Slide 9: The Strategic Context for Farming & Food
The Strategic Context for Farming & Food Macro Trends Productivity and Yield Gaps Digital Agriculture and Regulation and Greater Technology Escalating Cost Enablement of Innovation Population growth Climate Change Increasing Farm and Environmental Professionalisation Stewardship Consolidation 9
Slide 10: Proven Consolidation Capacity
Proven Consolidation Capacity Market Sector Farm Buy & Build Market Sector Farm Buy & Build Customers Customers Position Profile Size potential Position Profile Size potential 100- Low to 100- 1 Consolidated 30,000 2/3 Fragmented 19,000 High 2,000 Ha Moderate 50,000 Ha 10
Slide 11: Latin America: Brazil Market Overview
Latin America Brazil – Market Overview Primary producers Global Player % Global Trade • Increasing professionalisation • Increasing intensification and farm consolidation #2 Production Soy #2 Export 39% Corn Speciality nutrition #3 Production #2 Export 21% • Second stage application dedicated to pro
Slide 12: Latin America: Brazil Investment, Paraná State
Latin America Brazil Investment Paraná State 200,000km2 > 2x total area Crop input development Crop services of Ireland Customers Turnover Customers Turnover • Farm size – 100 – 1,000 ha2 1,200 €28.4m 4,000 €88.2m • Two crops per year • Fragmented market • Well capitalised primary producers EBITDA S
Slide 13: Group Strategy
Group Strategy Building Sustainable Value Our Vision Our Purpose To be the leading and trusted To deliver innovative crop manage- partner of choice to the farmers, ment systems to enhance the profitability growers and amenity professionals we serve and sustainability of our customers’ enterprises Sc
Slide 14: Investment Proposition
Investment Proposition 1 2 3 4 5 6 7 8 9 Market Consistent & Favourable Long term Industry Strong Diversified Balanced Well leading maintainable long term customer leading R&D balance geographic organic growth, positioned positions with cash market & supplier and technical sheet with & business inte
Slide 15: Summary
Summary 15
Slide 16: Summary
Summary Resilient 2018 business performance in challenging trading conditions Improving on-farm sentiment may be challenged in the UK by the uncertain nature of Brexit and its timing Favourable start to FY 2019 with good demand and positive contribution from Latin America Well positioned to capitali
Slide 17: www.originenterprises.com
www.originenterprises.com 4-6 Riverwalk, Citywest Business Campus, Dublin 24, Ireland T: +353 1 5634900 F: +353 1 5634916
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