Auga Group Ab · OMXVSE:AUG1L
Auga Group Ab — Q1 2021 Earnings Presentation
22 slides from Auga Group Ab's earnings presentation, June 2021
Slide 1: Presentation on the Financial Results for 3 Months of 2021
aU ga Yoroup PRESENTATION ON THE FINANCIAL RESULTS FOR 3 MONTHS OF 2021 AUGA group, AB
Slide 2: Presented by Mindaugas Ambrasas, CFO
PRESENTED BY Q12021 Mindaugas Ambrasas CFO
Slide 3: Results
RESULTS The Group continues to grow and is making great efforts to achieve goals of the Strategy. Financial and human resources are increasingly being allocated for this purpose. We continue to focus on our efficiency agenda and the improvement of financial results. YY Y Q12021 2021 Q1 aU ga Consist
Slide 4: wv ®
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Slide 5: Crop growing: Wheat price dynamics
CROP GROWING Wheat price dynamics q2 The declining trend in S00 Organic vs. Conventional wheat price in Germany*, EUR/t organic wheat market iso Organic Wheat (Food) prices reversed in Q4 2020. soo Average wheat price 350 Organic Wheat (Feed) recovered by 7% in Q1 2021 soo vs Q4 2020. 250 Convention
Slide 6: Crop growing 2021 Q1 results
CROP GROWING 2021 Q1 results 43 Improved revenue and gross profit. favorable during sowing last . . Total cultivated land, ha 39,223 39,673 “1% 38,564 autumn, winter did not have = negative effect on crops as well. [EVAR TES 2021@1 | 2020Q1 2019 QI + . i fe) Total fair value gain for 2021 Q1 Total f
Slide 7: Results by segment: Dairy
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Slide 8: Dairy 2021 Q1 results
DAIRY 2021 Q1 results q2 The primary focus remains increasing efficiency of dairy Lower than expected production Segment. results as the desired impact of [05 BEC IEC CST 2019 1 changes in feeds structure was Total quantity of products sold, t 6,565 6,963 -5% 6,413 not achieved. Milk 6189 6,549 5% 6
Slide 9: Dairy: Milking cows herd is increasing
DAIRY The Group is aiming to increase number of milking cows and reduce average age of the herd by exchanging old animals with younger ones. The Group expects to increase the herd up to 3.6 thousand cows in 2021. YY Y Q12021 Milking cows herd is increasing aU Milking cows number dynamic No of cows o
Slide 10: Results by segment: Mushroom growing
Slide 11: Mushroom growing 2021 Q1 results
MUSHROOM GROWING The global pandemic had a tangible impact on results: * the market became and is still volatile; + limited export sales of mushroom seedbed; * cost of sales are growing due to increase in packaging cost and additional spending on employees safety. The Group is looking for new export
Slide 12: Mushroom growing: positive results despite decreased profit
MUSHROOM GROWING Gross profit in 2021 Q1 vs. 2020 Q1 was lower, however results are positive as 2020 results were not affected by COVID-19 yet. Greater focus on higher value- added products has led to improved profitability compared with recent quarters of 2020. YY Y Q12021 Positive results despite
Slide 13: Organic soups
CARROT SOUP 7 ORGANI Ss BEETROOT SOUP ORGANI CHAMPIGNON SOUP ORGANIC SPICY CURRY SOUP ORGANIC au ga BUTTERNUT SQUASH SOUP MINESTRONE SOUP ORGANIC TOMATO soup - ORGANIC THREE LENTIL SOUP _ ORGANIC
Slide 14: FMCG 2021 Q1 results
FMCG 2021 Q1 results q2 The segment continues to grow in 2021 strategically important to the Group with expectations of Revenue 1.42 0m +56% 0.51 significant growth in 2021. Cost of goods sold 1.04 0.85 +23% 0.47 Growth of sales and larger eiossierotly Ole OS Has OW utilization of production capacit
Slide 15: AUGA tech
Slide 16: Machinery sales: AUGA tech - new opportunities
MACHINERY SALES AUGA tech - new opportunities oc 3 g Machinery, spare parts will be offered together with consulting and warranty services. AUGA Tech represents major manufacturers: * Treffler Maschinenbau GmbH & Co. KG * BB-Umwelttechnik, ROC S.rl. * Farmdroid ApS The Group plans to open exposition
Slide 17: Financial information
Slide 18: Financial information: EBITDA
FINANCIAL INFORMATION Th EUR 7000 6000 5000 3,523 4000 Crop growing 3000 59 2000 1444 IFRS 16 effect 1000 61 Cent. OPEX EBITDA 3M2020 Q12021 Main factors for EBITDA increase EBITDA increased by 0.79 EUR million. 182 ‘Mushrooms 131 Dalry -14 FMCG Cent. OPEX ——. IFRS 16 effect -601 Qo EBITDA 3M2021 oc
Slide 19: Financial information: working capital and financing
FINANCIAL INFORMATION Difference between net debt and adjusted working capital remained similar Net debt in 2021 Q1- EUR 59.8 million vs. EUR 59.5 million in 2020 Q1. The Group is increasing spending on new technologies application, R&D activities YY Y Q12021 50,0 45,0 40,0 35,0 30,0 25,0 20,0 15,0
Slide 20: Financial information: share price information
FINANCIAL INFORMATION The share price increased by 17.6% (from EUR 0.442 to EUR 0.52 per share) from the beginning of 2021 to 31 May 2021. The average monthly turnover was EUR 0.35 million. Top 1 corporate bond turnover in Baltics (turnover during 2021 - EUR 2.2 million). YY Y Q12021 Share price inf
Slide 21: More information
gU G3 YY Y Q12021 More information: q2 * Nasdaq Vilnius, Baltic Main List: AUGIL * Nasdaq Vilnius, green bonds: AUGBO60024A * Information for investors: http://auga.lt/en/for-auga-investors e Analyst reports, data in MS Excel format: https://auga.|t/en/investors/reports-and-presentations * News for
Slide 22: Organic food with no cost to nature
aU ga Yoroup ORGANIC FOOD WITH NO COST TO NATURE