Flexopack Sa Plastics · ATHEX:FLEXO
Flexopack Sa Plastics — Flexopack — Investor Presentation (2021)
16 slides from Flexopack Sa Plastics's investor presentation, 2021
Slide 1: Corporate Profile
INNOVATORS = MANUFACTURERS = PACKAGING SOLUTIONS www.flexopack.com Corporate Profile ADDO
Slide 2: Company overview
Founded in 1979. Publicly Traded in Athens Stock Exchange since 1996. Leading European producer of flexible barrier films for the meat, cheese, seafood industries and non-barrier shrink films for the bottling industry. Production plants in Greece, Poland and Australia. Approximately 87% of Group tot
Slide 3: Product range
Shrink films for bottling industries Lamination films Thermoforming films Vacuum Pouches and Tubing Shrink Bags Vacuum Skin Packaging films Barrier and high barrier FFS films Barrier and high barrier films for Liners Customized film structures 3 flx_int
Slide 4: 12M-2021 key figures
Thous. € 12M-2021 Sales 114.181 17,8% EBITDA 18.548 -10,4% EBT 12.818 -5,7% EAT 10.407 0,3% Shareholders Equity 93.717 11,6% Total Assets 143.172 16,6% 4 flx_int
Slide 5: Important milestones of the year 2021
Important milestones of the year 2021: Around 87% of our business is outside of Greece Continuous product development Further expansion of sales team and distribution network Investment in new equipment Strong financial position Management ensured business continuity and smooth operation
Slide 6: Subsidiaries
i FLEXG2 Subsidiaries INNOVATORS = MANUFACTURERS = PACKAGING SOLUTIONS SUBSIDIARIES FLEXOPACK POLSKA FLEXOSYSTEMS LTD FLEXOPACK INTERNATIONAL LIMITED POLAND SERBIA CYPRUS (100%) (100%) (100%) FLEXOPACK FLEXOPACK USA FLEXOPACK FLEXOPACK FLEXOPACK PTY FLEXOPACK FLEXOPACK IRELAND LTD INC FRANCE SARL PR
Slide 7: Affiliates
AFFILIATES Inova S.A. – (50%) Vlachos S.A. – (47,71%) Greece Greece Rigid Packaging – Bag-in-Box Rotogravure Printer 7 flx_int
Slide 8: Consolidated Financials
CONSOLIDATED FINANCIALS 8 flx_int
Slide 9: Group and Company income statement
GROUP COMPANY Thous. € 12M-2021 12M-2020 D 12M-2021 12M-2020 D Sales 114.181 96.953 17,8% 93.166 82.317 13,2% Gross Profit 28.388 26.888 5,6% 19.680 20.946 -6,0% Gross Profit Margin 24,9% 27,7% 21,1% 25,4% EBITDA 18.548 20.697 -10,4% 13.912 17.496 -20,5% EBITDA Margin 16,2% 21,3% 14,9% 21,3% EBIT 12
Slide 10: Sales by region
Thous. € 12M-2021 12M-2020 % Greece 14.927 10.943 36,4% % of total sales 13,1% 11,3% Europe 43.252 36.169 19,6% % of total sales 37,9% 37,3% Other Countries 56.002 49.841 12,4% % of total sales 49,0% 51,4% Total Exports 99.254 86.010 15,4% % of total sales 86,9% 88,7% Total Sales 114.181 96.953 17,8
Slide 11: Cash flow
Thous. € 12M-2021 12M-2020 Earnings before taxes 12.818 13.595 Adjustements 6.329 7.453 Gross Cash Flow 19.147 21.048 Change in Working Capital (10.205) (7.363) Inc ome tax paid (3.034) (1.581) Operating Cash Flow 5.908 12.104 Cash Flow from Investment (3.874) (6.861) Net Cash Flow Before Financing
Slide 12: Debt and net debt
GROUP COMPANY Thous. € 12M-2021 12M-2020 12M-2021 12M-2020 Long-term debt obligations 12.540 11.699 10.875 9.664 Short-term bebt obligations 3.528 3.300 2.357 2.413 Total bank debt 16.068 14.999 13.232 12.077 Liabilities for Leases 926 1.117 388 676 Total Debt 16.994 16.116 13.620 12.753 Minus : Cas
Slide 13: Sales and CAPEX 2017-2021
GROUP Thous. € 2017 2018 2019 2020 2021 TOTAL Sales 81.523 84.492 89.277 96.953 114.181 466.426 CAPEX 11.045 10.410 5.651 6.578 3.187 36.871 % On Sales 13,5% 12,3% 6,3% 6,8% 2,8% 7,9% 13 flx_int
Slide 14: Assets and shareholders' equity & liabilities
Thous.€ 12M-2021 12M-2020 D ASSETS Tangible & Intangible Assets 54.144 56.457 -4,1% Investments in Associate Companies 5.600 4.884 14,7% Other L.T.assets 1.028 1.168 -12,0% Total Non Current Assets 60.772 62.509 -2,8% Inventories 32.447 20.770 56,2% Trade Debtors 19.700 13.036 51,1% Other Rec eivabl
Slide 15: 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 and advice
Slide 16: Contact details
FLEXOPACK S.A. Ifestou 36, Thesi Tzima, Koropi, 19400 GREECE T +30 21 0668 0000, F +30 21 0662 6583 info@flexopack.com FLEXOPACK POLSKA SP. z.o.o. Tragamin 17, Malbork, 82-200, Polska T +48 (55)2720048, F +48 (55)2731806 FLEXOPACK PTY LTD 17 Dixon Street, Yatala, QLD, 4207 AUSTRALIA T +61 73386 2999