Slide 1: Net sales increased by 50 per cent in January-September, positive shift in profitability
NET SALES INCREASED BY 50 PER CENT IN JANUARY- SEPTEMBER, POSITIVE SHIFT IN PROFITABILITY Fodelia Oyj Business Review January-September 2021 2.11.2021 CEO Mikko Tahkola
Slide 2: Financial development in January-September and business overviews
1 Financial development in January- September and business overviews 2 Fodelia’s strategy and Financial targets 3 Questions
Slide 3: Our mission and vision
Our mission is to grow Finnish food industry companies into success stories and our vision is to be the most wanted and the most successful innovator of food industry
Slide 4: January-September 2021
1/3 January-September 2021 @ Fodelia
Slide 5: Net sales grew and profitability shifted positively
1 2 3 In January-September group’s net sales grew by 50 per cent, and there was a positive shift in profitability January-September 2021 • Summary for January-September 2021 • Net sales for the period grew by 49.8%, amounting to EUR 25,011 thousand (1–9/2020: EUR 16,700 thousand) • EBITDA for the pe
Slide 6: January-September main events
1 2 January-September main events 3 • The improvement in the Group's results was made possible by the positive development of the Foodservice business, which was boosted not only by the market recovery but also by new customers in the care sector January-September 2021 • The surprisingly rapid growt
Slide 7: Effects of the corona pandemic are finally going away
1 2 3 The effects of corona pandemic in Fodelia group’s business are finally January-September 2021 going away • Fodelia listed in November 2019 • At the beginning of the year 2020 the worldwide corona pandemic reached Finland • Different kinds of restrictions that were made to control the corona pa
Slide 8: Sales of own brands in Finland grew
1 2 The sales of own brands in Finland grew by 26 per cent 3 • Net sales of Real Snacks increased by approximately 7% in January-September January-September 2021 • The automation investment was finished during the review period • In Finland, the sales of own-brand products increased by 26% • The gro
Slide 9: Feelia and FodNet net sales growth
1 2 3 Feelia and FodNet’s total Net Sales grew by 25 between January-September January-September 2021 • The Foodservice business developed positively due to market recovery and new customers • The surprisingly rapid growth in demand occurred at a time when Feelia's factory investment project was sti
Slide 10: Significant demand for Feelia's meal day package service
1 2 3 There is a significant demand for Feelia’s meal day package service January-September 2021 • In the care sector the food services are harder to operate with traditional model because of the incresing regulations and monitoring • This brings more demand to Feelia • The Feelia’s order system is
Slide 11: FodNet Oy – Feelia E-Commerce
1 2 3 FodNet Oy – Feelia E-Commerce January-September 2021 • The growth has continued strong • The Net sales in January-September grew by 146 per cent and was 3 603 thousand euros • In July-September the net sales were 1 399 and the growth was 142 per cent • In terms of our future operations, we wil
Slide 12: Integration of Perniön Liha and Pita Factory
1 2 3 The integration of Perniön Liha and Pita Factory to Fodelia-group has proceeded well January-September 2021 • The combined net sales of Perniön Liha and Pita Factory were 5 059 thousand euros in January and September • There are collaboration projects concerning for example product selections
Slide 13: New CEO to strengthen Fodbar's growth
1 2 3 To strenghten Fodbar’s growth, we have hired a new CEO with strong experience Tammi–syyskuu 2021 • Fodbar combines the expertise of Fodelia’s subsidiary Feelia Oy and Barona HoReCa Oy, part of the Bravedo Group. • Fodbar provides an easy and cost-effective all-in-one solution for outsourcing f
Slide 14: Financial development
2/3 Financial development @ Fodelia
Slide 15: CEO quote on pandemic effects and return to profitable growth
“The effects of the coronavirus pandemic, which have impaired the Group's core business since March 2020, are finally going away, and the company is returning to the path of profitable growth in line with its strategy. The Group's EBITDA doubled compared to the corresponding period of the previous y
Slide 16: Financial development Q3 key figures
1 2 Key Figures 3 Group 7-9/2021 7-9/2020 Change-% Fninancial development Net sales 8 875 6 139 44,6 Net sales development EBITDA 926 469 97,4 % of net sales 10,4 7,6 EBIT 767 241 218,4 % of net sales 8,6 3,9 Profit for the period 526 132 298,9 % of net sales 5,9 2,1 Q1 2020 Q2 2020 Q3 2020 Q4 2020
Slide 17: Financial development January-September key figures
1 2 Key Figures 3 Net Sales distribution 1-9/2021 Group 1-9/2021 1-9/2020 Change-% 1-12/2020 Fninancial development Net sales 25 011 16 700 49,8 22 963 EBITDA 1 708 1 192 43,3 1 695 % of net sales 6,8 7,1 7,4 EBIT 848 524 61,9 839 % of net sales 3,4 3,1 3,7 Profit for the period 478 317 51,1 623 % o
Slide 18: Strategy and Financial targets
3/3 Strategy and Financial targets
Slide 19: Fodelia's strategy
Fodelia’s strategy | w ‘Owning viable companies In the food Industry and developing them over the long term Fodelia’s Strategy iN : a & Supporting the growth of our subsidiaries’ business by glving them possbllities to Invest and by offering competence and best practicesto use ‘The most wanted and t
Slide 20: Financial targets
1 2 3 Medium-term targets and the Forecast for 2021 Financial targets Medium-term targets Dividend policy • Achieving an average annual net sales increase of approximately 25 % • Fodelia strives to distribute at least 35% of • Achieving an average operating margin of over10 % its earnings as dividen
Slide 21: Thank you!
Kiitos! Thank you! mikko.tahkola@fodelia.fi